ToolsGroup

JULY 19, 2023

The term “digital twin” is a little mysterious. And the application of one even moreso. A digital twin is a model that can be created for a number of things – a jet engine, a factory, even a human heart. But here, we’ll be talking about supply chain digital twins. A supply chain digital twin is a complete model of your supply chain that allows you to run what-if scenarios and determine the most efficient use of resources for fulfilling demand.

Real-time Visibility 295

Real-time Visibility Supply Chain Planning Software Modeling Scenario Planning 295

The Logistics & Supply Chain Management Society

JULY 16, 2023

The 8 Personas of Highly Effective Leaders Opinion Editorial by Rajesh Achanta , Vice President -Supply Network Operations, Asia Pacific, Middle East & Africa (AMA) at P&G I recently had the opportunity to share with thought leaders and supply chain professionals at LogiSYM Asia Pacific in Singapore,on how organisations can work on Leveraging Digital Capabilities in the Go-To-Market Supply Chain to Create Shareholder Value.

Singapore 130

Singapore Agile and Lean Supply Chain Supply Chain Design Asia 130

Logistics Bureau

JULY 18, 2023

There are things that make your distribution no longer efficient. If you haven’t looked at your distribution in the last 5 years or so. I urge you to review it! Watch the video below to find out why! Related articles on this topic have appeared throughout our website, check them out: How to Operate Your Distribution Truck Fleet at Less Cost The 7 Principles of Warehouse and Distribution Centre Design 7 “Costequences” of Distribution Network Misalignment Do You Know the Signs of Poor Distri

Distribution 79

Distribution Network Design Video Supply Chain Design 79

Logility

JULY 20, 2023

Good forecasting leads to good demand planning —and good demand planning means better profitability. That’s why it’s essential to be sure you’re equipping your organization with the right demand planning software. When you choose the right solution, you can stay ahead of fluctuations in customer demand, achieve high levels of forecast accuracy, handle seasonality, and drive collaboration across supply chain stakeholders.

Supply and Demand 185

Supply and Demand Supply Chain Planning Software Demand Planning Software Forecasting Software 185

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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.

Predictive Analytics

Logistics Viewpoints

JULY 19, 2023

Supply chain sustainability can mean a lot of things to a lot of people. As I have written about before, supply chain sustainability , or the notion of going green, is a hot topic as companies and countries look at their overall carbon footprint and look for ways to be more environmentally friendly. A few ways companies can begin to offset their carbon footprint is to take a deeper look at product packaging, energy efficiency, alternative fuels, route optimization, and returns and recycling pro

Sustainability 193

Sustainability Optimal Sourcing Logistics Material Savings 193

The Logistics of Logistics

JULY 17, 2023

Brian Kempisty and Joe Lynch discuss the state of containerized shipping. Brian is the Founder of Port X Logistics , a transportation company that specializes in expediting containerized cargo throughout the U.S. and Canada. About Brian Kempisty Brian Kempisty is the Founder of Port X Logistics, a transportation company that specializes in expediting containerized cargo throughout the U.S. and Canada.

Shipping 201

Shipping Canada Logistics Network Optimization Software Cargo 201

AIMMS

JULY 19, 2023

Product segmentation strategies trigger leaders to rethink their supply chain optimization plans, by focusing on cost-efficiency, service, and sustainability.

Cost Reduction Strategies 156

Cost Reduction Strategies Price Mitigation Strategies Supply Chain Optimization Supply Chain Strategy 156

Talking Logistics

JULY 17, 2023

This past March, in the aftermath of the Silicon Valley Bank collapse, the Wall Street Journal reported that “Corporate information technology leaders say they are reassessing vendor relationships and putting greater emphasis on risk management.” How receptive is your company to working with supply chain and logistics software startups? We asked members of our Indago.

Supply Chain Software 182

Supply Chain Software Logistics Network Optimization Software Software Supply Chain 182

The Logistics & Supply Chain Management Society

JULY 16, 2023

Risk Management in Global Ocean Context Feature Article by LSCMS Shippers Council Rates have gone down massively in most trade lanes; congestion has eased, and capacity seems sufficient in most sectors. All of this despite the ever-prevailing threat of blank sailings and continuous reconfiguration of sailings by carriers. It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal.

Risk Management 130

Risk Management Global Price Reduction Inventory Reduction 130

Advertiser: GEP

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.

Optimal Sourcing

Logility

JULY 21, 2023

Sales and operations planning (S&OP) was created way back in the 1980s. But it is relevant to today’s world of supply chain disruptions and uncertainty? S&OP has long served as an effective means of balancing supply and demand through integrating multiple functions of the business, with the goal of maintaining visibility into ever-changing customer demand.

Supply Chain Planning Software 200

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Software 200

The Logistics of Logistics

JULY 21, 2023

Gabe Pankonin and Joe Lynch discuss residential LTL delivery perfected. Gabe is the CEO of Rocket Shipping , a full-service logistics provider focusing on 4 core competencies: LTL shipping, white glove/ home delivery, full truckload management, and technology/integrations. About Gabe Pankonin Gabe Pankonin is the CEO of Rocket Shipping, a full-service logistics provider based in Fargo, North Dakota.

Logistics Network Optimization Software 181

Logistics Network Optimization Software North Dakota Agile and Lean Supply Chain Minnesota 181

Talking Logistics

JULY 21, 2023

Next week at this time I will be in Burlington, VT with some of my Logistics Leaders for T1D Cure teammates. The next day we will cycle 100 miles in support of JDRF and its vision of creating a world without type 1 diabetes (T1D). If you’re a longtime follower of Talking Logistics, you already. Read more The post Above the Fold: Supply Chain Logistics News (July 21, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

Logistics Network Optimization Software 234

Logistics Network Optimization Software Logistics Supply Chain Software Supply Chain 234

ToolsGroup

JULY 18, 2023

Over 60 companies have benefited from the close collaboration and supply chain expertise of these two industry powerhouses – who show no signs of slowing down. BOSTON and STOCKHOLM – July 18, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, and Optilon, the leading supply chain solution consulting organization in the Nordics, are proud to celebrate 15 years of partnership, collaboration, and delivery excellence in the realm of supply chain managem

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Software Supply Chain Planning 156

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

Manufacturing

Enterra Insights

JULY 18, 2023

In Samuel Taylor Coleridge’s “ The Rime of the Ancient Mariner ,” the bard describes the distress of mariners floating upon a windless ocean under a withering sun and running out of supplies (including water). One of the most famous stanzas from that poem is: Water, water, everywhere, And all the boards did shrink; Water, water, everywhere, Nor any drop to drink.

Resource Reduction 130

Resource Reduction Industrial Industry Waste Reduction 130

The Logistics & Supply Chain Management Society

JULY 16, 2023

Risk Management in Halal Supply Chains Feature Article by Dr. Marco Tieman , Chief Executive Officer at LBB International Background According to the 2022 State of The Global Islamic Economy Report, the global Islamic economy is an estimated USD 2 trillion industry consisting of the following key industries: halal food, modest fashion, media & recreation, travel, pharma, and cosmetics.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

Talking Logistics

JULY 19, 2023

Note: Today’s post is part of our “Editor’s Pick” series where we highlight posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This July 2023 post from Uber Freight’s blog compares current trucking spot rates to carrier operating costs and what the current environment.

Sustainability 206

Sustainability Freight Logistics Supply Chain 206

The Logistics of Logistics

JULY 19, 2023

Ben Steffes and Joe Lynch discuss 3PL outsourcing trends. Ben is Vice President of Managed Services at Coyote Logistics , a leading global third-party logistics provider. About Ben Steffes Ben Steffes is Vice President of Managed Services at Coyote Logistics, a leading global third-party logistics provider. Since joining the company in 2011, he’s focused on developing and growing its Coyote Transportation Management offerings, driving synergy efforts with UPS, and leading the Supply Chai

3PL 132

3PL Trends Third Party Logistics Milwaukee 132

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

Logistics Network Optimization Software

Logistics Viewpoints

JULY 20, 2023

Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Today’s article comes from Matt Elenjickal, Founder and CEO at FourKites, and looks at redefining real-time visibility. When you look at the real-time supply chain visibility market of several years ago, it was all about solving or addressing foundational use cases: Where’s my shipment?

Real-time Visibility 132

Real-time Visibility Optimal Sourcing Inventory Reduction Supply Chain Visibility 132

The Logistics & Supply Chain Management Society

JULY 16, 2023

The Critical Intersection of Humanitarian Logistics and Food Supply Chains Feature Article by Shereen Nassar , Global Director of Logistics Studies and Director of MSc Logistics and Supply Chain Management Suite at Heriot-Watt University Dubai Despite food being a basic human right, the World Food Program (WFP) anticipates that the number of individuals experiencing food insecurity in 2023 will be around 345.2 million, which is over two times the figure in 2020.

Supply Chain Planning Software 130

Supply Chain Planning Software Food Supply Chain Software Agile and Lean Supply Chain 130

Arkieva

JULY 18, 2023

Predicting the future is difficult, yet forecasting remains a critical tool for businesses to plan and prepare for what lies ahead. Why Planning Forecasts Are Wrong and What You Can Do About It was first posted on July 18, 2023 at 10:06 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

Forecasting 141

Forecasting Forecasting Software Supply Chain Planning Software Supply Chain Planning 141

ToolsGroup

JULY 19, 2023

The Italian consumer goods company applies ToolsGroup’s probabilistic forecasting and inventory optimization across its expansive network to enhance customer experience and business value. BOSTON – July 20, 2023 – ToolsGroup , a global leader in supply chain and retail planning and optimization software, is thrilled to announce it has been selected by Legami , the Italian consumer goods company, to support its supply chain enhancement initiatives for heightened customer satisfaction and business

Supply Chain Planning Software 120

Supply Chain Planning Software ToolsGroup Supply Chain Planning Forecasting 120

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.

Report

CHAINalytics

JULY 17, 2023

Supply planning in the seed industry affects virtually everyone. However, very few have any idea about this first step in bringing fresh produce to a hungry world. Supply planners contend with changing conditions and unpredictable environmental factors while supplying the seed variety the market demands. The process of bringing a new seed variety to market … The post Supply Planning in the Seed Industry: <br>Complex and Crucial appeared first on Chainalytics.

Scenario Planning 113

Scenario Planning Supply Chain Planning Industrial Industry 113

The Logistics & Supply Chain Management Society

JULY 16, 2023

The Green Corridor: Resilience from Diversification by Timothy Foote, Founder of Susymbio Access to Sustainable Power is the Challenge of Our Time, but when clean power sources are diversified it promises more stability for our future. The past century has been plagued with conflicts fueled by the want or need of fossil fuels. From the attack on Pearl Harbour more than 70 years ago, to the occasional collapse of a government brought on by the inability to manage the import or export of fossil fu

Malawi 130

Malawi Sri Lanka Thailand Pricing Training 130

Precoro

JULY 16, 2023

The purchasing department plays a critical role in the success of an organization. Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost. At the heart of the whole process is the purchasing manager – a supply chain and logistics professional who works to secure the required materials, goods, and services necessary for running the busines

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Adexa

JULY 17, 2023

Why supply chain digital transformation is essential Companies improve their efficiency and agility to be more competitive. This has been the case since the beginning of time. Recent efforts for automation and digitalization is no different than accomplished in the past. Tools that are available to day are catalysts to faster ad better business processes and enabling higher productivity that is different in kind and not just in degree.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Agile and Lean Supply Chain 98

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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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SCMDOJO

JULY 18, 2023

Contract management plays a crucial role in the procurement process, as it helps ensure compliance, mitigate risks, and optimize supplier relationships. By effectively managing contracts, organizations can maximize the value of their procurement activities and minimize potential issues. In this guide, we will explore the key benefits and importance of contract management in procurement and provide insights on how to implement effective practices.

Optimal Sourcing 95

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 95

The Logistics & Supply Chain Management Society

JULY 16, 2023

Resilience and Agility in Supply Chains: Navigating Change in a Dynamic World Feature Article by J eroen Hendriks , Director at Art of Supply Chain Sdn Bhd The global business landscape has become increasingly complex and volatile, posing significant challenges to supply chain management. In such a dynamic environment, organizations need to develop resilience and agility to adapt and thrive.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

The Smart Software

JULY 17, 2023

In today’s competitive business landscape, companies are constantly seeking ways to improve their operational efficiency and drive increased revenue. Optimizing service parts management is an often-overlooked aspect that can have a significant financial impact. Companies can improve overall efficiency and generate significant financial returns by effectively managing spare parts inventory.

Optimal Sourcing 94

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Planning 94