Mon.Jul 24, 2023

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How AIMMS is Transforming BASF’s Supply Chain Operations for Optimal Efficiency

AIMMS

Ready to optimize your supply chain operations like BASF? Explore the potential of SC Navigator and take your operations to new heights.

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How to Enable Advanced Supply Chain Automation

John Galt

Learn about key best practices to embrace advanced supply chain automation and set your organization on the right path.

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How will the Geopolitical Climate affect the Microchip Supply Chain

All Things Supply Chain

The microchip industry’s value to the global economy is almost unquantifiable owing to the fact that it facilitates other key industries that our society holds in high regard.

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The Ultimate Guide to Contract Logistics: What You Need to Know

SCMDOJO

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. In this blog, we will answer the question: what is Contract Logistics, and explore its definition, solutions, challenges, and opportunities, understanding why Contract Logistics is considered as the hub of logistics today and how it can help businesses thrive in an ever-evolving market.

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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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Why Bother? Even Watson can get it Wrong

Adexa

Why Bother? Even IBM Watson can get it Wrong… If one is a tennis fan, they probably watched the finals last weekend. What was interesting was that IBM Watson gave the loser of the women’s final almost twice as big a chance to win than the actual winner of the game. The question arises, what if this prediction approach was applied to inventory values?

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Watch: Disrupting a Disrupted Supply Chain to Catalyze Innovation

Supply Chain Brain

The two biggest supply chain challenges today are the labor shortage and changing consumer demand, says George Koutsaftes, president and CEO of Honeywell Safety and Productivity Solutions.

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How To Manage Expanding Your Market Internationally?

IT Supply Chain

By John Hampton (pictured) Content Writer The post How To Manage Expanding Your Market Internationally? appeared first on IT Supply Chain.

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Five Preventive Measures to Mitigate Supply Chain Risk

Supply Chain Brain

Companies aren’t powerless to mitigate the risk of loss. Here are five steps they can take to help secure their cargo.

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Norway is investigating a cyberattack that affected the IT systems used by 12 government ministries

IT Supply Chain

By Simon Chassar (pictured) CRO at Claroty The post Norway is investigating a cyberattack that affected the IT systems used by 12 government ministries appeared first on IT Supply Chain.

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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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RS Group releases report on its activities and strategy for Environmental, Social and Governance

Synovos

RS Group releases report on its activities and strategy for Environmental, Social and Governance Distributor details progress towards its 2030 ESG action plan – For a Better World LONDON, UK, June 14, 2023 – RS Group plc (LSE: RS1), a global provider of product and service solutions, has unveiled its ESG Report for 2022/23 , detailing its overall strategy, achievements and future actions required in the area of Environmental, Social and Governance (ESG).

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Shippers- Optimize Truckloads With Intelligent Solutions

Locus

In a world where Amazon is the new storefront and everyone and their uncle suddenly loves to play SimCity with their supply chain, understanding the nuts and bolts of truckload types is as crucial as getting the latest iPhone before it sells out. The global trucking industry market size has suppressed $285 billion in 2022 and is said to reach $430 billion by 2032.

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Some Positive News for Two Threats of Transportation Disruption This Week

Supply Chain Matters

Supply Chain Matters provides a news capsule update of pending labor disruptions which have the potential to significantly impact global supply chains. Canadian West Coast Port Strike Again Scheduled for a Second Ratification Vote In a published Supply Chain Matters posting last week , we alerted readers of a tentative agreement being reached on July 13 between the British Columbia Maritime Employers Association and the International Longshore & Warehouse Union Canada labor union, after a 13

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Load Matching: Optimizing Logistics Efficiency in the Last Mile

Locus

Supply chain management involves the transportation of freight between locations, and load matching is a small but critical aspect that drives supply chain efficiency. Load matching can be understood as the pairing of freight with the most suitable transportation carriers. If done right, load matching means better resource optimization, cost reduction, streamlined operations, and ultimately, happy customers and businesses.

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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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Supply Chain News on Will Embattled Yellow Freight Make It

Supply Chain Digest

Troubled LTL carrier Yellow Freight Avoids Perhaps Fatal Strike, for Now

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E-Fleet as a Service with Paul Gioupis

The Logistics of Logistics

Paul Gioupis and Joe Lynch discuss e-fleet as a service. Paul is the Co-founder and CEO of Zeem Solutions , a company dedicated to accelerating commercial EV adoption. About Paul Gioupis Paul Gioupis is the Co-founder and CEO of Zeem Solutions, a company dedicated to accelerating commercial EV adoption. With a passion for bringing EVs to all, Paul has been a vital part of the EV ecosystem for 20 years.

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Supply Chain News on Japanese Investment Firm Softbank Invests Big in Partnership with Warehouse Automation Vendor Symbotic

Supply Chain Digest

New GreenBox 3PL will use Technology to Offer Warehousing as a Service

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E-Fleet as a Service with Paul Gioupis

The Logistics of Logistics

Paul Gioupis and Joe Lynch discuss e-fleet as a service. Paul is the Co-founder and CEO of Zeem Solutions , a company dedicated to accelerating commercial EV adoption. About Paul Gioupis Paul Gioupis is the Co-founder and CEO of Zeem Solutions, a company dedicated to accelerating commercial EV adoption. With a passion for bringing EVs to all, Paul has been a vital part of the EV ecosystem for 20 years.

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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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The impact of new technology on manufacturing education

SYSPRO Smarter ERP

Picture a manufacturing plant, Are you seeing machines and robots, tools and people powering away to bring the best possible product to you? Now, think about the skills required to do all this? Are you thinking digital fluency, critical thinking and collaboration? If not, you should be. The skills gap in manufacturing Manufacturing is an industry of skills.

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How Barbie Could Embrace the Power of Low-Code to Thrive in Her Many Careers

TrackVia

Did you know that Barbie has had over 200 careers in her lifetime? She is one busy woman. Think of all the tasks and time she has had to put forth to make things happen! Barbie, the iconic doll, has always been an inspiration for young minds across the world. Throughout the years, she has donned a wide variety of career roles, from a fashion designer to an astronaut and scientist to a chef and entrepreneur.

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Yellow Corp. Manages to Temporarily Fend Off Teamsters Strike

Supply Chain Brain

The new agreement averted a strike that would have begun if Yellow had remained delinquent on payments to a fund that provides benefits for most of the company's workers.

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RS Group completes acquisition of Distrelec

Synovos

RS Group completes acquisition of Distrelec €365 million acquisition of high-service, digital-led distributor of industrial and MRO products expands RS’s presence in continental Europe LONDON, UK, 3 July 2023 – RS Group plc (LSE: RS1), a global provider of product and service solutions, announced that it has completed the acquisition of Distrelec B.V.

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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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Industry Bodies Tussle Over Costs, Efficacy of Truck Underride Guards

Supply Chain Brain

While insurers say the NHTSA underestimates the safety benefits of a side underride guard mandate, truck owner-operators argue the proposed rule is too expensive.

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Video: Mars-Wrigley and Crisp talk cultural relevance in Cannes

crisp

Beside the French Riviera at Cannes Lions, Crisp’s Len Ostroff delves into purpose-driven marketing with Gabrielle Dallas Wesley, CMO of Mars-Wrigley, in this captivating fireside chat. During the Brand Innovators Marketing Summit at Cannes Lions , Len Ostroff, EVP of Partnerships at Crisp, had the honor of moderating a fireside chat with Gabrielle Dallas Wesley, Chief Marketing Officer of Mars-Wrigley.

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Germany Readies €20B in Aid to Bolster Chip Output

Supply Chain Brain

The money is to be distributed to German and international companies by 2027 and will be drawn from the Climate and Transformation Fund.

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4 Practical Ways To Reduce Freight Costs in Logistics

4WL Consulting

An interesting fact to start us offdid you know that transportation costs account for about 50% of total logistics costs ? It’s a significant chunk of change, making the task to reduce freight costs an absolute priority for any logistics and supply chain management firm. Keep reading to find out about four practical strategies that can teach you how to reduce transportation costs in the supply chain. 1.

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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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South Korea and Indonesia to Cooperate More on Key Minerals, Advanced Industries

Supply Chain Brain

The agreement by the two countries to work more closely was reached during a bilateral economic cooperation committee meeting held in Seoul, South Korea.

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The Automatic Forecasting Feature

The Smart Software

Automatic forecasting is the most popular and most used feature of SmartForecasts and Smart Demand Planner. Creating Automatic forecasts is easy. But, the simplicity of Automatic Forecasting masks a powerful interaction of a number of highly effective methods of forecasting. In this blog, we discuss some of the theory behind this core feature. We focus on Automatic forecasting, in part because of its popularity and in part because many other forecasting methods produce similar outputs.

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Prozo Planning to Add 5M Square Feet of Warehousing Space by 2026

Supply Chain Brain

Prozo will invest over Rs 50 crore ($6.11 million) annually over the next three years to expand its warehousing presence in India's Tier-II cities.