Fri.Jun 23, 2023

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What Is Order Fulfillment and It’s Process and Strategies

Locus

For the past day, an important news story has been making headlines in the logistics management communities in the US. What’s that? Walmart has opened a new high-tech fulfillment center of 2.2 million square feet at McCordsville, twenty miles northeast of Indianapolis. Why is it important? This McCordsville fulfillment center is the largest fulfillment center of Walmart and will enable them to fulfill more orders quickly.

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AI and the Future of Supply Chain with Yossi Sheffi

The Logistics of Logistics

Dr. Yossi Sheffi and Joe Lynch discuss AI and the future of supply chain, which is the central theme of Yossi’s latest book, The Magic Conveyor Belt: Supply Chains, A.I., and the Future of Work. Yossi is the Elisha Gray II professor of Engineering Systems at the Massachusetts Institute of Technology, where he serves as Director of the MIT Center for Transportation & Logistics (CTL).

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Above the Fold: Supply Chain Logistics News (June 23, 2023)

Talking Logistics

Yesterday, my wife and I celebrated our 26th wedding anniversary. We took the day off, drove down to Cape Cod, and cycled 50 miles along the rail trail. That might not sound very fun or romantic for many people, but riding our bikes together was how we first became friends so many years ago. On. Read more The post Above the Fold: Supply Chain Logistics News (June 23, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

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The Holy Grail of Modern S&OP: Multi-Horizon Integrated Business Planning 

Logility

 S&OP and Multi-Horizon Integrated Business Planning Manual supply chain processes are a real headache. Creating and comparing business scenarios in spreadsheets are fruitless exercises in glancing in the rearview mirror rather than looking ahead at the opportunities and risks emerging on the horizon. And next to impossible is creating plans in a timely manner when monitoring unrelated KPIs across multiple disconnected sources of data.

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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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BrewDog Chooses Kegstar for Steel Keg Supply Chain Programs

Supply Chain Brain

The deal will see Kegstar offer its kegs and services to Scotland, Germany and Australia with additional plans to expand across Western Europe at a later date.

More Trending

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Supply Chain Weekly Wrap-Up 06/16/2023-06/22/2023

All Things Supply Chain

Elon Musk says Tesla to come to India Tesla CEO Elon Musk has expressed his intention to bring Tesla to India “as soon as humanly possible” following a meeting with…

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How to Read and Understand Loan Terms and Conditions

IT Supply Chain

By Ian Benson (pictured) Content Writer The post How to Read and Understand Loan Terms and Conditions appeared first on IT Supply Chain.

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The Top 5 BOM Management Mistakes That Could Be Costing Your Business

Arena Solutions

Introduction The bill of materials (BOM) is as essential to manufacturing as a club is to golf—you can’t build or play without either item. A BOM makes the manufacturing process accurate and effective and combines all the information necessary to create a finished product. A well-defined BOM helps manufacturers with everything from manufacturing efficiency to quality control, cost management, collaboration, and regulatory compliance.

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Consumer optimism despite inflation encourages competition

IT Supply Chain

By Steve Ponting (pictured) Director at Software AG The post Consumer optimism despite inflation encourages competition 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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How to Save Money through Suppliers without Sacrificing the Value they bring

HICX Solutions

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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What Should You Look For When Buying A Business?

IT Supply Chain

By Dwight J. Lawrence (pictured) Content Writer The post What Should You Look For When Buying A Business? appeared first on IT Supply Chain.

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The Top 5 BOM Management Mistakes That Could Be Costing Your Business

Arena Solutions

Introduction The bill of materials (BOM) is as essential to manufacturing as a club is to golf—you can’t build or play without either item. A BOM makes the manufacturing process accurate and effective and combines all the information necessary to create a finished product. A well-defined BOM helps manufacturers with everything from manufacturing efficiency to quality control, cost management, collaboration, and regulatory compliance.

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Master Working from Home: How to Use a Business VPN for Remote Access

IT Supply Chain

By Rob Jackson (pictured) Content Writer The post Master Working from Home: How to Use a Business VPN for Remote Access appeared first on IT Supply Chain.

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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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The Annual State of U.S.Logistics Report- Even More Candidness and Reality

Supply Chain Matters

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 34th Annual State of Logistics Report to organization members and the industry as a whole. Background As our readership is likely aware, this report provides a snapshot of the U.S. economy through the lens of the logistics and transportation sector in terms of costs and implications to the economy during the past year, in this case 2022.

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What Is Blockchain And How To Take Advantage Of It

IT Supply Chain

By Allen Brown (pictured) Content Writer The post What Is Blockchain And How To Take Advantage Of It appeared first on IT Supply Chain.

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Actualizing the ROI of the Cloud with Intelligent Workflows

Elementum

Two years to transition , $500k in migration costs , and an annual bill exceeding $30m – all this effort, and yet for many enterprises, the promise of the Cloud remains largely unrealized. Cloud Data Warehouses were pitched as the strategic platform for digital transformation for good reason. They offer significant advantages over on-prem solutions: Scalability, Real-Time Analytics, Accessibility, Security, and Cost-Effectiveness.

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Supply Chain and Logistics Stock Report for Week Ending June 23, 2023

Supply Chain Digest

See who was up and who was down

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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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House Report Connects Temu and Shein to Import Violations, Forced Labor Practices

Supply Chain Brain

Temu and Shein utilized a special legal exemption to “avoid import duties and minimize the likelihood" that packages will be screened for UFLPA compliance the report said.

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This Week in Logistics News (June 17 – 23)

Logistics Viewpoints

Not surprisingly, many CEOs have their share of secrets. For Tesla CEO Elon Musk, one of those secrets might be a driving mode that enables hands-free driving in Tesla vehicles. The hidden feature, aptly named “Elon Mode,” was discovered by a Tesla software hacker known online as @greentheonly. The anonymous hacker has dug deep into the vehicle code for years and uncovered things like how Tesla can lock you out of using your power seats or the center camera in the Model 3 before it was officiall

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Nigeria’s Oil Goes Unsold as Tax Clawback Shakes Confidence

Supply Chain Brain

Traders said Nigeria's surplus was caused by a request for back taxes from shipping companies, which created wariness among firms looking to collect oil barrels from the country.

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[VIDEO] Finexio & JAGGAER Automate the AP Payments Process from End-to-End

Jaggaer

JAGGAER's latest news on procurement & sourcing. Read now: [VIDEO] Finexio & JAGGAER Automate the AP Payments Process from End-to-End.

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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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Eni Increases Gas Reach with $4.9bn Neptune Deal

Supply Chain Brain

The deal’s enterprise value is reportedly split into $2.28 billion for Neptune’s Norwegian assets, which go to Var Energi, and $2.6 billion for the rest.

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State of the Logistics Union 2023

Supply Chain Digest

Logistics Costs as Percent of GDP Jump to Record 9.

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Georgia Tech Is Trying to Keep a ChatGPT-Powered Teaching Assistant From ‘Hallucinating’ | EdSurge News

Operations and Supply Chain Management

[link] – Bob

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HICX: Have you considered supplier marketing?

HICX Solutions

Anthony Payne, Chief Marketing Officer at HICX, explains how a marketing approach to supplier management can boost and enhance those valued partnerships… There is no doubt that one of the red-hot issues occupying the thoughts of every CPO and chief supply chain officer right now is supplier management. The past couple of years have proven that meaningful and strategic relationships with suppliers across the tiers and categories are vital to a company’s survival and prosperity.

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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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Greatest Cities For Singles

Veridian Solutions

10 Cities you ought to see If You’re Single Young, solitary, and ready to socialize? We are going to admit that life as a single individual actually constantly a walk for the playground, but located in certain cities might help make the most regarding unicamente existence. Whether you like an elegant restaurant, enjoy a funky bar crawl, or are just shopping for somewhere safe to set your face, these towns have it all.

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Biden-Harris Administration Shares Plans to Strengthen U.S. Semiconductor Sector

Supply Chain Brain

The Department of Commerce plans on distributing over $50 billion in funds to semiconductor projects in the U.S., including $39 billion for semiconductor manufacturing incentives.

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Adam and Evaâ?¢ Aids Gentlemen Find European Women for Lasting Relations

Veridian Solutions

The Scoop: developments in technology have actually drastically transformed the industry of intercontinental matchmaking. That was when a distinct segment happens to be an even more mainstream way for men and women to get a hold of lasting love. For over twenty years, Adam-and-Eva.com provides assisted hook up east European ladies with Western men who are dedicated to matrimony.