Sun.Jul 02, 2023

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AI Wants to Bring Trust to Supply Chains. Can It Be Trusted?

Supply Chain Brain

AI seems like the ideal tool for sussing out supply chain vulnerabilities. But can we trust the algorithms?

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Days Inventory Outstanding: Meaning, Formula & How to Improve

Unleashed

Days Inventory Outstanding (DIO) is a fundamental inventory metric for measuring efficiency and liquidity inside a product business. It’s used frequently in inventory accounting to help businesses understand their holding costs and make optimised purchasing decisions. In this article, we explore what Days Inventory Outstanding is, how to calculate it, and how to improve the result.

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[Video] What Dominates the Transportation Management Agenda in 2023?

Talking Logistics

If you’re a transportation executive, you’ve always been tasked with developing a strategy and execution plan. The difference now is that maybe your CEO and CFO are more interested in what you’re doing. Since the transportation market is cyclical, every year is different, and 2023 is no exception. What dominates the transportation management agenda today?

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Retrofit Checklist: Five Things to Consider when Modernizing Fresh Food Distribution

Supply Chain Brain

Within distribution centers, fresh and perishable food handling is usually the most inefficient and labor-intensive part of operations. It doesn't have to be that way.

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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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Understanding the Terms & Conditions of Service on an Ocean Bill of Lading

Promptus LLC

What Is a Bill of Lading? The bill of lading serves as both a contract for carriage and a document of title for cargo. It identifies the parties on both ends of a shipment and describes the goods and routing instructions. Every Bill of Lading contains Terms & Conditions which in a nutshell define the […] The post Understanding the Terms & Conditions of Service on an Ocean Bill of Lading appeared first on Promptus LLC.

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Embracing Product Market Viability: The Key to Thriving in a Competitive Landscape

ShipBob

Imagine this: You come up with a new product idea and you think “This is great, it would solve problems so many problems!” You begin drawing up sketches, doing manufacturer research, and brainstorming catchy names for your brand new product. But wait… you don’t even know if this is something that has any market viability. What if you end up spending a bunch of time and money building this product, and there just aren’t enough buyers to make it worthwhile?

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JetBlue Joins United in Shifting Blame to FAA for Delays

Supply Chain Brain

Transportation Secretary Pete Buttigieg hit back at the airlines, particularly United, saying the carrier has suffered out-sized impacts while others have recovered.

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Dutch to Restrict Chip Equipment Exports Amid U.S. Pressure

Supply Chain Brain

The Dutch government said that from September 1, the export of "certain advanced semiconductor manufacturing equipment" would have to be authorized.