Wed.Aug 30, 2023

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Transform Your Supply Chain Decision-Making to Handle Complexity and Uncertainty

John Galt

Explore why decision-making needs to be reassessed to embrace a better data-driven approach, and how companies can ignite the process.

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Solving the New Imperatives for Freight Forwarders

Talking Logistics

Everyone remembers back in 2020 when the pandemic hit. It was a scary time for the entire world but incredibly overwhelming for those working hard to keep global supply chains running. Not only were factories shut down, but ocean ports were congested, vessels sat offshore for weeks waiting to unload, capacity on ships and planes. Read more The post Solving the New Imperatives for Freight Forwarders appeared first on Talking Logistics with Adrian Gonzalez.

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Defense Supply Chain Network for Naval Operations

The Network Effect

How the US Navy's NOSS (Naval Operational Supply System) solution will be more agile, responsive, and effective using a network approach.

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Supply Chain Planning In Excel: A Perilous Path

Logility

Supply chain planning plays a critical role in ensuring operational efficiency, customer satisfaction, and overall success. However, relying solely on Microsoft Excel for supply chain planning can expose businesses to a myriad of risks and limitations. Let’s explore the dangers of using Excel as the primary tool for supply chain planning and discuss the importance of adopting more advanced and specialized solutions.

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Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

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A Journey Through Safety Stocks, Part 9

Arkieva

This blog continues the safety stock discussion between Kate and Jane as they evaluate historical sales and lead time data. A Journey Through Safety Stocks, Part 9 was first posted on August 30, 2023 at 7:54 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement.

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The Limitations of Forecasts and Plans on Decision Making

Supply Chain Trend

Forecasters and planners are involved in decision making, but make limited decisions with direct business impact themselves. A forecast is an insight or a foresight, a plan is an intent. A decision is only made when resources are irrevocably allocated to the execution of the decision. Without this, multiple forecast and planning options – as advanced as they may be – remain calculations, maybe insights or, at best, recommendations.

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The Importance of Transparent Supply Chains — and How to Achieve Them

Supply Chain Brain

The key to ensuring supply chain transparency is having access to product data that is consistent and of the highest quality.

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Panama Canal Drought: Lower Water Levels, Higher Supply Chain Risk

Resilinc

What’s happening in the Panama Canal 2023? The Panama Canal, a crucial 50-mile waterway that six percent of all global trade passes through, faced major traffic jams this month due to a historic drought. Two weeks ago, 160 ships were stuck waiting to pass through the canal, carrying everything from auto parts, Barbie dolls, and diabetes test kits, according to Reuters.

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Australia Launches Review of National Freight and Supply Chain Strategy

Supply Chain Brain

The review, which was originally scheduled for 2024, will take place this year to ensure strong and resilient Australian supply chains.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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DIVE In Blog Series Wins Award of Excellence

BlueYonder

As humans, we connect through stories, sharing ourselves so others might learn from a different lens. Our DIVE In blog series does just that, it builds connection and empathy, to normalize conversation across all areas. In August 2020, we transitioned our weekly Wednesdays for Women blog to focus on a more broad, diverse, and inclusive journey of sharing our associates stories to support our DIVE (diversity, inclusion, value and equity) imperative.

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Watch: Value Chain Leadership for the Supply Chain Executive

Supply Chain Brain

The difference between a value chain and a supply chain is that the first includes more of a feedback loop from the end consumer, according to Elsy Ocejo, vice president of supply chain at Illes Foods.

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Supply Chain Matters This Week in Supply Chain Tech August 30 2023

Supply Chain Matters

In this August 30, 2023 edition of Supply Chain Matters This Week in Supply Chain Technology we provide capsule highlights of investments announced by supply chain management focused tech providers. In this addition, we highlight announcements involving Redwood Materials and ConverSight. Redwood Materials $1 Billion Series D Funding Battery and EV materials startup Redwood Materials has announced the completion of more than $1 billion in Series D shares.

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What’s the Value of Demand Forecasting?

New Horizon Supply Chain Blog

Introduction I was recently in a conversation about forecasting with a client team, and one individual, whose background was not in supply chain, asked what the value of demand forecasting is. The answer may seem obvious to supply chain professionals, but it’s worth taking a step back and thinking about how to answer this. Of all the most common metrics used to measure supply chain performance, forecast accuracy is the most difficult for colleagues outside of the supply chain function to relate

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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Added Evidence of Emerging Regionalization of Global Supply Networks

Supply Chain Matters

The Ferrari Consulting and Research Group, via its affiliated Supply Chain Matters blog calls reader attention to two recently published research papers that address evidence of ongoing shifts in global supply component and end production sourcing. Background As the month of August comes to a close, we wanted to revisit one of our 2023 Predictions for Industry and Global Supply Chains published at the beginning of this year.

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How to save money through suppliers without sacrificing the value they bring

HICX Solutions

By Costas Xyloyiannis, CEO of HICX With inflation hampering product sales and price rises, manufacturers have profits to protect. Many will react, as the sector has done for decades, by beating down suppliers on price. All this does though is bounce the problem around the supply chain. It drains suppliers of the resources they need to deliver vital enhancements – including supplies, information, and ideas – without which, brands are less competitive.

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Responding without the ability to Predict is Ineffective

Adexa

Responding without the ability to Predict is Ineffective Supply chain leaders deploy prediction strategies to respond better and faster. For example, extra inventory is kept in case an unexpected order from a high priority customer arrives. Without that inventory, your response would be very limited or perhaps none at all. The reality is that the better you predict the less you need to “respond.

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Understanding Sales and Operations Planning (S&OP)

QAD

What is Sales and Operations Planning (S&OP)? Sales and Operations Planning (S&OP) is a structured planning process that uses forecasted customer demand to drive production schedules. It is a “boundary spanning” activity that, in order to be effective, requires active engagement with cross-functional teams including sales, manufacturing, supplier management and business management.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Improving Supply Chain Management: What Are the Top Solutions?

IT Supply Chain

By Allen Brown (pictured) Content Writer The post Improving Supply Chain Management: What Are the Top Solutions? appeared first on IT Supply Chain.

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Supply Chain by the Numbers for Aug. 31, 2023

Supply Chain Digest

LTL Carriers Scramble for Yellow Freight Volume. Amazon Raises NonPrime Minimum. Delays at Panama Canal.

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Warehouse Track and Trace

IT Supply Chain

By Jay Kim (pictured) Managing Director, BIXOLON Europe GmbH The post Warehouse Track and Trace appeared first on IT Supply Chain.

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A Carrier-Centric TMS with Nick Darman

The Logistics of Logistics

Nick Darman and Joe Lynch discuss a carrier-centric TMS, which is exactly what Nick and the Alvys team have built. Nick is the CEO and Founder of Alvys, a transformative TMS for carrier, broker and hybrid operations. About Nick Darman Nick Darman iis the CEO and Founder of Alvys, a transformative TMS for carrier, broker and hybrid operations. During college, Nick began dispatching for his dad’s family-owned trucking business.

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2024 Annual T&L M&A Report

Tenney Group, an industry specialized M&A Advisory firm in the T&L space, produced the 2024 Annual M&A Report. The report contains an in depth overview of 2023 notable deals and the market, while also providing the outlook for 2024 M&A.

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Supply Chain Graphic of the Week on US Import Container Volumes Down

Supply Chain Digest

Long Queues of Ships Awaiting a Berth are Long Gone

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How to Quickly Fulfill Peak Season Orders with Warehouse Robots

Locus Robotics

By Mary Hart It’s that time of year again – no, I’m not talking about not pumpkin spice latte season, although it is also that. Peak season is ramping up as shoppers start to buy gifts for the holidays, and warehousing managers like you are bracing for an uptick in order volumes. According to market research firm, Insider Intelligence , holiday season retail sales are expected to grow 4.5% YoY to $1.328 trillion for the 2023 season, with retail ecommerce expected to make up 19.6% of those sales.

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HD KSOE Delivers LNG Tanker with an AI Engineer

Supply Chain Brain

The AI engineer is equipped with two engine automation systems that operate in real-time to diagnose the condition of important ship equipment and detect potential emergencies.

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Bridging the digital divide: how APIs are transforming businesses and why you can’t afford to ignore them

Axway

In the bustling streets of our digital world, there’s a hidden force at work, orchestrating the seamless interactions we engage in every day. It’s something most of us take for granted, yet it’s integral to our modern lives.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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MSC Signs Second Vessel-Sharing Agreement with ZIM

Supply Chain Brain

The agreement will involve five vessels of 6,700 TEUs each, with MSC managing three of the ships.

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Optimizing Production: The Art of Line Balancing

OptiProERP

In the world of manufacturing, efficiency is the name of the game. Wasted time, resources, and materials can eat into profits and hinder growth. This is where line balancing comes into play – a strategic approach that can revolutionize your production line. Let’s dive into the details of line balancing and understand how it can drive success for your manufacturing business.

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Orange Juice Stockpiles Shrink to Record Low in Top Exporter Brazil

Supply Chain Brain

Brazil reached the end of its season in June with 84,745 metric tons of juice in storage, a 41% drop compared to 2022.

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