Mon.Jun 19, 2023

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Until AI Can Solve this One Simple Task, I Wouldn’t Worry About It

Logistics Viewpoints

Experts have recently warned about the possibility that artificial intelligence (AI) could lead to the destruction of 400 million jobs by 2030. These same pundits also predict that AI could lead to increases in global GDP by trillions of dollars in the same time frame. However, AI’s inability to solve the very limited problem of ensuring that inventory is located in the right place in a warehouse suggests that planners don’t have to worry too much about job security.

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Key Takeaways from TMSA Elevate with Trey Griggs

The Logistics of Logistics

Trey Griggs and Joe Lynch discuss key takeaways from TMSA Elevate, a conference held in Savannah, Georgia on June 11, 12, and 13. TMSA is the Transportation Marketing and Sales Association, a non-profit organization for sales and marketing professionals in transportation and logistics. Trey Griggs, Founder of the Beta Consulting Group was an emcee for the event.

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5 Ways a Digital Supply Chain Twin Supercharges Performance

John Galt

Learn the key benefits of a digital twin for the supply chain to help you conquer the challenges of modern supply chain planning operations.

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How warehouse management can enhance the value of your ERP

SYSPRO Smarter ERP

Many manufacturers have successfully implemented an ERP system to streamline their business processes and improve efficiency. However, for companies with extensive inventory and warehouse facilities, integrating a Warehouse Management System with their ERP system can bring additional value. What is a Warehouse Management System? A Warehouse Management System (WMS) plays a vital role in efficiently managing inventory within a warehouse.

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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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Bottom Line Strategies for Spare Parts Planning

The Smart Software

Managing spare parts presents numerous challenges, such as unexpected breakdowns, changing schedules, and inconsistent demand patterns. Traditional forecasting methods and manual approaches are ineffective in dealing with these complexities. To overcome these challenges, this blog outlines key strategies that prioritize service levels, utilize probabilistic methods to calculate reorder points, regularly adjust stocking policies, and implement a dedicated planning process to avoid excessive inven

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Successfully Delivering Digital Twins for Supply Chain Management

Supply Chain Brain

Benefits of digital twin technology for supply chain managers include reductions in operating expenditures and an overall greater business resiliency.

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CBS Sports and Hype Seek Sports Tech Startups for Collaborative Ventures

IT Supply Chain

By Dwight J. Lawrence (pictured) Content Writer The post CBS Sports and Hype Seek Sports Tech Startups for Collaborative Ventures appeared first on IT Supply Chain.

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Watch: Technology's Critical Role in Eradicating Modern Slavery

Supply Chain Brain

The technology for ensuring that supply chains are free of modern slavery is here, says Koray Kose, senior director analyst with Gartner. The challenge lies in getting companies to adopt it.

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ThroughPut.ai SKU Rationalization is Now Available on SAP® Store

ThroughPut

By integrating with SAP S/4 HANA, SAP Data warehouse cloud and SAP ERP software, the SKU Rationalization solution by ThroughPut.ai can optimize the product mix to generate rapid free cash flow improvements for SAP customers. PALO ALTO, CA, June 13, 2023 /PRNewswire/ — ThroughPut Inc. , the industrial AI supply chain pioneer, today announced that its ThroughPut.ai SKU Rationalization solution is now available on SAP ® Store , the online marketplace for SAP and partner offerings.

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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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Rethinking the Biotech Manufacturing Supply Chain

Supply Chain Brain

The pharmaceutical industry has an opportunity to move production onshore. It should take it.

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3 Top Challenges of Modern Material Handling and How the Industry is Tackling Them

USC Consulting Group

The material handling industry is the backbone of globalized supply chains. However, it encounters a range of challenges, both internal and external. One notable external challenge is the impact of labor shortages on transportation and logistics, which are vital components of material handling operations. To overcome these challenges, companies are making significant investments in technology.

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Supply Chain News on Washington Latest State to Regulate Warehouse Productivity Targets

Supply Chain Digest

Rules on Quotas Modest on Surface, but where could it Lead

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An AI Revelation at Snowflake Summit?

Elementum

By now, the hype cycle around AI is well established. That’s why it was surprising when Snowflake was noticeably coy about its AI strategy when announcing Q1 earnings last month. Unlike other enterprise software behemoths – like Microsoft, Salesforce, and even Oracle – Snowflake didn’t proclaim any “game-changing” new products or monumental paradigm shifts.

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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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Synergy retains coveted Cyber Essentials Plus Certification

SnapFulfil

Warehouse technology innovator, Synergy Logistics, continues to demonstrate leading IT security levels by meeting the requirements of the UK Government’s Cyber Essentials Plus (CE+) scheme.

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DP World in Talks to Expand East African Coverage to Tanzania

Supply Chain Brain

Fresh investment from DP World will help reduce congestion and slash the average stay for a vessel to 24 hours from five days.

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Procurement Software – Delivering The Most Value Through Efficiency, Not Cost Reduction

ProcurePort

In the rapidly evolving business landscape, companies worldwide are embracing digital transformation to streamline operations, enhance productivity, and secure competitive advantages. A critical part of this digital journey involves redefining the procurement function, and procurement software is leading this revolution. Contrary to traditional belief, procurement is not only a cost-saving tool.

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Automating Inventory Movement With SalesWarp SOMS

Saleswarp

SalesWarp’s Stock Order Management System (SOMS) makes automating internal inventory movement easy. By utilizing SalesWarp’s SOMS, warehouse managers can easily maintain stock levels at designated locations. With the flexibility to customize settings per location, complex stocking tasks can be tailored to their preferred level of detail. SalesWarp’s SOMS ensures that inventory is optimally distributed across different areas of the warehouse by offering a range of powerful trigger conditions.

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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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Cash Conversion Cycle: What Every Product Seller Must Know

Unleashed

The cash conversion cycle (CCC) represents the journey of cash within a business. It’s a primary indicator of your business’s liquidity risk and operational efficiency. By shortening your CCC, you minimise the risk of cash flow getting tied up in unsold inventory and accounts receivable. What is the cash conversion cycle? The cash conversion cycle, also known as the cash cycle, is a financial metric that measures the time it takes a business to convert inventory and other resources into cash flo

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How to get the most value from your B2B integration

Axway

In today’s hyper-connected world, millions of businesses are in communication with one another on a daily basis and with a network of external partners that continues to grow.

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FAA to Investigate Ground Incident Involving United, Delta Jets

Supply Chain Brain

The National Air Traffic Controllers Association union has called on Congress to provide what it sees as its biggest challenge to reducing risk: funding.

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How Religion may Affect Online Dating

Veridian Solutions

When matchmaking, you and/or your own partners faith may at some point be a consideration when the dating results in a long term union or matrimony. If conflict occurs it might actually trigger a breakup. Family practices, spiritual breaks as well as how youngsters are elevated, are only many things in which you both want to think about. Below are a few various other circumstances that you may manage if faith is important to either one of you: your family of one’s partner cares about relig

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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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Boeing Sees $8 Trillion Jet Market as Climate Reshapes Travel

Supply Chain Brain

The U.S. plane maker’s latest tally of industry-wide deliveries over the next 20 years takes into account growing activism over jet emissions.

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Major Commercial Aircraft Industry Supplier Labor Disruption Avoided

Supply Chain Matters

Industry and local business media reports indicate that commercial aircraft fuselage, structural component, and engine pylon supplier SpiritAerosystems has reached a tentative agreement in labor contract renewal talks with the International Association of Machinists and Aerospace Workers (IAM). The action avoided what was reported as a rather significant industry disruptive labor stoppage.

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A Checklist for Disaster Preparedness and Recovery

Supply Chain Brain

Disaster recovery is reactive in nature, based on things that are out of our control.

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Christian Connection Evaluation in 2019

Veridian Solutions

Are you searching for the best Christian dating site? Is it the key reason why you are as of this Christian relationship analysis? If yes then your information the following will allow you to know very well what’s in store when you subscribe! It could be overwhelming currently today because of your hectic way of living. Luckily, there are now a lot of online dating sites these days that cater to Christian singles.

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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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Digital Transformation

Proxima

Digital transformation has shifted rapidly up business leaders’ agenda, spurred on by a rapid and near-universal shift to digital ways of working. Indeed, in our Finance Leaders Outlook report at the beginning of 2021, 74% of US and 72% of UK finance leaders indicated that tech investment had risen significantly as a budget priority as a result of the pandemic.