Thu.Jun 15, 2023

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The Changing Grocery Landscape

Enterra Insights

The grocery landscape has changed enormously from the days of the general store, when a clerk behind a counter would fetch goods for customers from scantily stocked shelves. Francesco Fazio , a partner at Treacy & Company, and Xiao Liu , his former Treacy & Company colleague, write, “The way that consumers shop for groceries, and how supply chains get goods from beginning to end, has changed radically since the first ‘modern’ supermarket, a store named Piggly Wiggly, fi

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Generative AI’s Impact On The Supply Chain (3 Use Cases)

Talking Logistics

Global organizations want more automation within their supply chain to tackle issues like cost escalation and demand volatility. Generative AI has emerged as a transformative force with the potential to revolutionize the global supply chain, including the power to serve as a co-pilot to help operations and customer service organizations do their job better, faster.

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Generative AI: Cheat Code to a More Competitive Supply Chain Business?

Logistics Viewpoints

You’ve probably already encountered it in a retail setting. You call a support center and a chatbot answers the call, understanding your natural language and providing information on shipment status. This is called ChatGPT, a natural language processing (NLP) tool that runs on artificial intelligence (AI) to conduct human-like discussions in order to assist you with various requests.

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Sam’s Club and Walmart Launch Enhanced Seafood Policy for Tuna Supply Chains

Supply Chain Brain

The new policy aims to address issues plaguing the tuna supply chain like the accidental catching of non-targeted species, illegal fishing and the abandonment of fishing gear.

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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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How to Improve Your Statistical Forecast Using Machine Learning

Arkieva

Our latest webinar examines the varying definitions of machine learning and artificial intelligence while discussing how they can be leveraged to improve your statistical forecast. How to Improve Your Statistical Forecast Using Machine Learning was first posted on June 15, 2023 at 8:11 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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Drone Technology: How First Responders Are Empowered by it

IT Supply Chain

By By Erik Kaminski (pictured) Feature Article Writer The post Drone Technology: How First Responders Are Empowered by it appeared first on IT Supply Chain.

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Blue Yonder Was Ranked as a Leader in the Inaugural Nucleus Research TMS Technology Value Matrix

BlueYonder

Innovation on Functionality to Help Optimize our Customers’ Supply Chain Performance is Our Ongoing Directions Nucleus Research (Nucleus) recently published its inaugural Transportation Technology Value Matrix 2023 report , which provides an overview of the current market for transportation management solutions and assesses the software providers in this space.

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Supply chain expert comments on Fed decision to keep rates on hold

IT Supply Chain

By Oliver Chapman (pictured) CEO, OCI The post Supply chain expert comments on Fed decision to keep rates on hold appeared first on IT Supply Chain.

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Podcast | What Is Supply Chain Digitization? And Why Do We Need It?

Supply Chain Brain

Digitization: A word that’s even harder to define than it is to pronounce.

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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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Manufacturers: View your suppliers as valuable (data-sharing) partners

HICX Solutions

As manufacturers deal with inflation and figure how to maintain profits, collaborating and sharing information with suppliers can produce better results than demanding lower prices from them, writes Costas Xyloyiannas, CEO of HICX, a supplier experience management platform. With inflation hampering product sales and price rises, manufacturers have profits to protect.

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New Balance Has Plans for Added U.S. Manufacturing

Supply Chain Matters

Athletic and leisure footwear manufacturer New Balance has advanced plans to build the company’s sixth footwear manufacturing facility within the United States. Once more, the footwear provider has plans to double an existing U.S. facility. According to a published report from New Hampshire’s Manchester Union Leader via Yahoo News , plans for the sixth facility call for the construction of a 102,418 square foot combination office and manufacturing facility within Londonderry, New Hampshire ,

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Cost of Goods Sold Formula (with examples)

Unleashed

The Cost of Goods Sold formula is: Opening Inventory + Purchases + Production Costs – Closing Inventory = Cost of Goods Sold Below, we explain what the cost of goods sold (COGS) is, why it’s important for product businesses, and how to calculate COGS using the cost of goods sold formula. The cost of goods sold formula is used in product businesses to assess the profitability of specific SKUs and the business as a whole.

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Tesla Again Postpones Volume Production of EV Semi-Truck

Supply Chain Matters

Global EV producer Tesla indicated this week that volume production of its previously announced semi-truck will be postponed until the end of 2024. This announcement was made by Founder and CEO Elon Musk at an energy conference and was attributed to battery supply constraints. According to a report from The Wall Street Journal , Musk did not elaborate on what was defined as high volume production, but reiterated that such a vehicle ‘ is crucial to accelerating the company’s transition to more su

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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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Unleashing the Boundless Potential of AI in the Supply Chain

Maine Pointe

Explore how AI is revolutionizing supply chain management by enhancing decision-making, improving efficiency, and driving growth. Learn about the power of predictive analytics, machine learning, NLP, and more.

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In Focus: 2023 SCM Strategies for Industry Leaders

Locus

As supply chains move past the uncertainties of 2020, they are met with new challenges while continuing to meet demands for greater efficiency, reduced operational costs and memorable consumer experiences. Locus attended the Gartner Supply Chain Symposium that took place in Orlando, Florida in May. If you were unable to attend the symposium, Our Chief Revenue Officer, Mehul Kapadia summed up the key themes from the symposium for SCM leaders, focusing on the top challenges they must surmount in 2

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Watch: What’s the Real Impact of AI on Today’s Supply Chains?

Supply Chain Brain

The current state of artificial intelligence in supply chain management is that it’s mostly just a box to check, says Jeff Alpern, vice president of product at Noodle.ai.

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EU Parliament is right to regulate AI to ease anxiety

IT Supply Chain

By Paddy Srinivasan (pictured) Chief Executive Officer, GoTo The post EU Parliament is right to regulate AI to ease anxiety 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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What You Need to Understand About Updating Your Supply Chain

ThroughPut

The post What You Need to Understand About Updating Your Supply Chain appeared first on ThroughPut.

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Your Must-Have Gartner EU Debrief: The TopTakeaways from Gartner Supply Chain Symposium/Xpo EU 2023

ToolsGroup

Gartner Supply Chain Symposium/Xpo EU 2023 has wrapped up its 3-day event in Barcelona, Spain. Featuring over 35 Gartner experts and more than 100 research-driven sessions, this year’s conference gathered over 2,000 supply chain professionals from across Europe and beyond. Our team was energized by the insightful conversations we had and sessions we attended, and we’re excited to share what we’ve learned!

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Order Fulfillment Software: What’s Better, Custom or Off-the-Shelf?

Amware Logistics and Fulfillment

For online retailers looking to grow, the agility and scalability of their order fulfillment software is key. Whether the order fulfillment system is custom or off the shelf determines how agile and scalable it can be.

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Happening Now: Deal reached in West Coast port negotiations

West Coast and California Logistics

After a long and arduous 13-month negotiation process, the JOC reports that a tentative deal has been reached between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA). It is a 6-year deal covering all 29 ports on the US West Coast. With the deal reached, there is optimism that discretionary cargo shippers had diverted away from the West Coast will soon return.

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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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HMM Launching Direct Service Between Indonesia and Latin America

Supply Chain Brain

HMM's FIL port rotation now includes Busan, Shanghai, Ningbo, Shekou, Jakarta, Singapore, Kattupalli, Santos, Paranaguá, Itapoá, Navegantes, Buenos Aires, Montevideo and Hong Kong.

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The Disruption of AI: Part II

QAD

This is the second part of a two-part blog series on the disruption of AI. Catch up on Part I here. AI Forecast So, what should we expect from AI…or more specifically from open AI platforms like ChatGPT ? An article looking at the effects of AI on the economy appeared a few months ago in CNN Business that predicted global job losses could be as high as 300 million.

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West Coast Dockworkers Reach Tentative Agreement with Shippers

Supply Chain Brain

The International Longshore and Warehouse Union agreed to a new, six-year collective bargaining contract with the Pacific Maritime Association on June 14, 2023.

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A word of caution on using bulk load boards for bulk freight trucking

Bulk Connection

As the old adage says, “work smarter, not harder.” Technological advances have made “working smarter” easier with each passing year. Some people in the trucking and freight industry even see load boards as a prime example of modern technology that helps people work more efficiently and intelligently. However, from where we sit as a bulk freight broker with 35+ years of experience, we fail to see much intelligence in working with load boards in the bulk freight world.

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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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Embracing Opportunity in an Evolving Renewable-Energy Landscape

Supply Chain Brain

With the world set to add as much renewable power in the next five years as it did over the past 20, scaling production to capitalize on this demand is increasingly becoming a challenge.

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[Infographic] 5 Reasons You Need LogiNext’s Fleet Tracking System

Loginext

As fleet size keep growing, it's important to keep track of fleet operations. With LogiNext's Fleet Tracking 2.0, get the best benefits to optimize your fleet's lifecycle. The post [Infographic] 5 Reasons You Need LogiNext’s Fleet Tracking System appeared first on loginextsolutions.com.

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Siemens to Invest €2bn to Boost High-Tech Plants

Supply Chain Brain

In Singapore, the German industrial conglomerate will reportedly spend €200 million to build a facility that will produce factory automation devices to meet rising Asian demands.