Mon.Aug 14, 2023

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AI in Logistics: A Sea of Potential Amidst Waves of Change

Freightos

The Superconductivity Prelude Late in July 2023, South Korean researchers made headlines with a potential discovery – now mostly debunked – of a material that enabled superconductivity at room temperature. This teased a future that could make energy cheaper, levitate trains and solve algebra problems. I dove in too. X, the platform formally known as Twitter, became instantly charged.

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Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains

The Logistics & Supply Chain Management Society

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers. Efficiently managing these processes is vital for companies to meet customer demands, minimize costs, and maintain a competitive edge.

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Law, Trend, and Impact: Sustainability and Global Supply Chains

Talking Logistics

In a 2019 LinkedIn article, Dr. Yossi Sheffi from MIT wrote, “No self-respecting company is without a sustainability strategy, and at the center of these strategies lies the supply chain.” We’re now approaching 2024 and the focus on sustainability continues to grow, driven by many factors, including new regulations and legislation. What are the key.

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5 Steps Supply Chain Planning Solutions Implementation Success

Logility

When it comes to implementing supply chain planning and operations solutions, success relies heavily upon an organization’s ability to identify and document its desired value measures and outcomes, and to align those with its solutions provider. Here are five critical practices that supply chain and business leaders should incorporate in the process of developing project goals – and avoid a painful implementation. 1 Co-develop a business case with vendors.

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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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The Connective Tissue of the Supply Chain with Bart A De Muynck

The Logistics of Logistics

Bart De Muynck and Joe Lynch discuss the connective tissue of the supply chain, which is a reference to project44. As the supply chain connective tissue, project44 operates the most trusted end-to-end visibility platform, tracking over 1 billion shipments annually for the world’s leading brands. Bart is Chief Industry Officer at project44 where he drives supply chain industry thought leadership and supports customers with their logistics and supply chain strategies.

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Ocean Risk Management part 2: Navigating Global Shipping Alliance

The Logistics & Supply Chain Management Society

Ocean Risk Management part 2: Navigating Global Shipping Alliance The shipping industry continues to evolve. With market swings and changing consumer demands forcing companies to adapt to stay competitive, one approach that has gained popularity in recent years is the use of Global Shipping Alliances (GSAs), which are agreements between multiple carriers to share vessels, routes, and other resources.

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Improving Last-mile Delivery Efficiency with Yard Management Systems

C3 Solutions

The ‘last mile’ is the most critical, yet challenging, leg of the supply chain journey. It is the last step before a product reaches the customers; hence, efficiency at this step significantly contributes to customer satisfaction and overall brand reputation. While historically, the last leg used to be shipments to retailers, the rapid growth of e-commerce and customers' ever-increasing expectations has meant the last-mile is now a crucial part of the delivery experience.

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The Green Corridor: Cures from the Sky! Healthcare Distribution is Driving Itself Into a More Environmentally Friendly Direction

The Logistics & Supply Chain Management Society

The Green Corridor: Cures from the Sky! Healthcare Distribution is Driving Itself Into a More Environmentally Friendly Direction by Timothy Foote, Founder of Susymbio Healthcare and saving the environment do not at first seem a natural fit. Disposable masks and tons of one-use equipment is associated with much of the medical experience we all have received.

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Book Discussion: The Magic Conveyor Belt. Supply Chains, A.I., and the Future of Work

John Galt

In this Q&A with Professor Yossi Sheffi, we delve into his book that centers on supply chains and their progression toward a future driven by AI.

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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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Driving Visibility, Intelligence, and Agility through Supply Chain Technology on Cloud

The Logistics & Supply Chain Management Society

Driving Visibility, Intelligence, and Agility through Supply Chain Technology on Cloud Whether we are talking about healthcare, food, or fashion, the supply chains which convert the raw materials to finished goods are getting more and more complex. Regardless of the industry, increasing complexity undeniably increases opacity. The world we currently live in has become increasingly unpredictable, volatile and fast-changing.

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Navigating Today’s Finnish Warehouse Optimization Trends

CHAINalytics

As Finland grapples with an aging population, labor shortages and high inflation, the country’s supply chains face both obstacles and opportunities. How are these trends influencing warehouse automation and what’s the role of consultants in optimizing warehouse operations? Trends driving warehouse automation Many factors are redefining the future of warehouse operations.

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LogiSYM Supply Chain Magazine – August 2023

The Logistics & Supply Chain Management Society

Breaking Boundaries: Exploring Generative AI's Impact on Supply Chains Download the latest LogiSYM Supply Chain Magazine In this edition we have several news updates, interesting & enlightening articles and contributions on people & management – topics which are most crucial to the development of the Supply Chain Industry across regions as well as globally.

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The Top 5 Skills Every Procurement Manager Needs

Precoro

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. According to KPMG , a global network of professional firms providing audit, tax, and advisory services, building a dedicated procurement team helps companies achieve substantial cost savings through effective vendor and category

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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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CEVA Logistics Drives Agile, Multi-leg Inbound Flows for Tech Company

Supply Chain Brain

CEVA Logistics, a global leader in third-party logistics, was contracted to help a technology company manage their complex supply chain, supporting B2B, B2C, and reverse flows across multi-leg transport.

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60 Seconds with Steve Harrington, Industry Liaison at the National Center for Supply Chain Automation

Supply Chain 24/7

Modern's editor sat down with Steve Harrington to discuss the National Center for Supply Chain Automation.

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Streamlining the path to SAP® S/4HANA

Supply Chain Brain

Join OpenText experts at this webinar with Supply Chain Brain to hear best practices and lessons learned from S/4HANA migration, with a special focus on B2B integration.

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Increasing supply chain security with DevSecOps

IT Supply Chain

By Usman Choudhary (pictured) Chief Product Officer, VIPRE The post Increasing supply chain security with DevSecOps appeared first on IT Supply Chain.

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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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Watch: Combining BPM and Digitization in Supply Chain Management

Supply Chain Brain

Although technology is very important, business process management is more critical to running a successful supply chain says Leo Salomons, head of value engineering for the Americas at Mavim.

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Production Management: Definition, Tools, & Processes

Unleashed

Rising energy, labour, and material cost are increasing the cost of production and cutting into profit margins. Manufacturing operations need to implement effective production management tools and processes to reduce the cost of producing goods. This article explains the importance of production management, the key processes, and tools you can implement to minimise the cost of inputs while maximising productivity and quality.

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Tesla's Reliance on Chinese Companies Puts It at Risk of Supply Chain Disruptions

Supply Chain Brain

Of the 61 companies that constitute Tesla’s “storage battery” category, thirty-nine percent of them were Chinese, making China the organization's biggest supplier of lithium-ion battery materials.

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How Investing In A Goods Lift Can Save Money And Time

IT Supply Chain

By Dwight J. Lawrence (pictured) Content Writer The post How Investing In A Goods Lift Can Save Money And Time appeared first on IT Supply Chain.

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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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Engineering Supply Chain Resilience by Reinforcing Backend Operations

Supply Chain Brain

While many OEMs are scrambling to transform their processes to achieve visibility and resilience, eMoldino, a company that helps businesses digitize their tooling production data, may have a solution to their visibility woes.

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Supply Chain News on Amazon to Mandate Emissions Reporting by Suppliers Next Year

Supply Chain Digest

Hopes to Get to Net Zero by 2040

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Five Preventive Measures to Mitigate Supply Chain Risk

Supply Chain Brain

Your customer’s shipment is on its way. But will it arrive undamaged? Or at all? Overhaul’s special report details the exact steps you need to take to ensure the security of your supply chain.

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Supply Chain News on Cass Report for July Finds Freight Volumes, Rates Down Sharply

Supply Chain Digest

Truckload Rates down 12.

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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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Over 40% of Supply Chain Professionals Expect Shipping Container Prices to Rise

Supply Chain Brain

Twenty-eight percent of those surveyed foresee a decline in container prices in August while another 30% think prices will remain unchanged.

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Managing for lift truck operator safety

Supply Chain 24/7

Sure, lift truck operators are on the front lines of safe operation, but having a strong safety program takes plenty of management involvement as well. Importance of forklift safety programs.

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CEVA Logistics Drives Agile, Multi-leg Inbound Flows for Tech Company

Supply Chain Brain

CEVA Logistics, a global leader in third-party logistics, was contracted to help a technology company manage their complex supply chain, supporting B2B, B2C, and reverse flows across multi-leg transport.