Sat.Jun 03, 2023 - Fri.Jun 09, 2023

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5 Ways Artificial Intelligence Impacts the Supply Chain

Arkieva

The adoption of machine learning and artificial intelligence is on the rise, but not at the pace of other transformations. Here are a few reasons why. 5 Ways Artificial Intelligence Impacts the Supply Chain was first posted on June 6, 2023 at 7:48 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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Supply Chain Visibility: From Buzzword to Business Benefits

Talking Logistics

Editor’s Note: The following is an excerpt of a research report published recently, “Realizing the Full Business Benefits of Supply Chain Visibility.” The research, conducted by Adelante SCM and commissioned by Kaleris, highlights the main objectives companies have for achieving end-to-end supply chain visibility; the biggest dark/blind spots in the supply chain today; and the.

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Demand Planning Software – Top 3 Demand Forecasting Mistakes to Avoid

Logility

Top 3 Demand Forecasting Mistakes —How To Avoid Them with Demand planning software Demand forecasting is a critical facet of successful business operations, acting as the helm guiding companies through the rocks hiding beneath the water of market demands. Accurate demand forecasts can empower a business to optimize its production schedules, manage its inventory efficiently, and minimize waste, which can lead to improved profit margins.

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Can a Supply Chain be both Agile and Sustainable?

Demand Driven Technologies

Let’s face it. As an avid Lean practitioner, I have an instinctive aversion to batch sizes. For a long time, I thought that the ideal would be that when a consumer needs something, it should be manufactured and made available, by the unit, almost immediately.

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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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Achieving the Value of Digital Twins

DELMIA Quintiq

Are Digital Twins Achievable? I have to imagine that everyone that works in an industrial setting has heard about digital twins at this point. Perhaps they’ve heard more than they care to, and would rather see more digital twins in practice. While the promise is clear, and we see a growing number of case studies proving the benefits of the approach, many companies struggle to create and maintain digital twins.

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Is ESG Really Worth the Trouble?

QAD

When QAD hosted a live webinar earlier this year to explore and analyze the challenges that have procurement leadership buzzing these days, the issue of environmental, social and governance (ESG) was a hot topic. I know that many companies have fully embraced ESG — whether you’re a true believer or have given in to mounting pressure and, in some cases, legal requirements.

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The Importance of Language Skills in Supply Chain and Operations Management

SCMDOJO

The supply chain industry has been evolving rapidly since the pandemic outbreak. After being disrupted and seriously jeopardized, the industry needed to find a way to carry out its activities and maintain its businesses. To do so, people needed to become innovative, adopt new technologies, digitalize, and even start using AI. As a result, the industry is growing, changing, and becoming more demanding, increasing the importance of language skills more than ever.

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3PLs and Software Vendors: 3 Questions to Keep Innovating Your Business Models

Talking Logistics

Author’s note: I wrote a slightly longer version of this post in November 2012. I’m sharing it again today with some minor edits because I believe the topic remains very relevant today. Most of the time, when people talk about innovation in supply chain management and logistics, the focus is on technology (e.g., AI and. Read more The post 3PLs and Software Vendors: 3 Questions to Keep Innovating Your Business Models appeared first on Talking Logistics with Adrian Gonzalez.

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Harness The Power of Data To Optimize Your Supply Chains

All Things Supply Chain

The global logistics automation market has been growing at a Compound Annual Growth Rate (CAGR) of 12.4% since 2020, the highest growth rate of any supply chain market.

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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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Driving An Octopus

Supply Chain Shaman

This is a ChatGPT image rendered when asked, “Show me how Lora Cecere would look riding an Octopus.” Funny? Yes, quite. As I approach my 69th birthday and pending surgery, I thank ChatGPT for removing my facial lines and giving me a good hair day. But, you might ask, “Why an octopus?” Shouldn’t this gal be retiring? This leads me to a long story.

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Navigating Uncharted Waters: Out of the Fort and Into the Moat

Freightos

The Initial Hurdle: 2021’ Freight Fiasco During the COVID-19 pandemic, Conor from Fort Toys , like many other entrepreneurs, found himself dealing with skyrocketing demand… and skyrocketing freight costs. His product – a magnetic pillow fort for kids that was funded by a wildly successful Kickstarter campaign – was both fun…and bulky.

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A Truly Transformative SCM Master Program

SCM Research

Supply chain management (SCM) master’s programs often emphasize functional silos, as reflected in course titles such as “Operations Management” and “Logistics and Distribution Management” While these traditional elements are important, they risk overlooking transformative perspectives necessary in the face of today’s global challenges.

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Implementing Last-mile Delivery Technology

Logistics Viewpoints

Technology for All In a retail era dominated by e-commerce giants, customer expectations have shifted towards instant product delivery at no cost. To meet these demands and ensure superior delivery experiences, retailers and carriers must leverage last-mile delivery technology. Previously, only large companies such as Amazon and FedEx possessed the network and scale required for cost-effective same-day and next-day shipping.

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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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PPC Flexible Packaging: Creating the Blueprint for a Successful S&OP Journey

Logility

The Gartner Supply Chain Symposium/Xpo conference brings thousands of supply chain executives together. Instead of enjoying world-famous theme parks, and nightlife in Orlando, Florida this year, attendees explored new ideas and technology investments that drive business growth and create more resilient supply chains. Various speakers discussed important topics that are top of mind for every executive, such as supply chain resiliency, digitalization, and sustainability.

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Faster EDI is a Competitive Advantage with Erik Kiser

The Logistics of Logistics

Erik Kiser and Joe Lynch discuss why faster EDI is a competitive advantage. Erik is the Founder and CEO of Orderful , a complete cloud EDI platform that is revolutionizing the way manufacturers, distributors, retailers, and technology companies trade EDI data. About Erik Kiser Erik Kiser is a visionary entrepreneur with a passion for revolutionizing the world of EDI.

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Above the Fold: Supply Chain Logistics News (June 9, 2023)

Talking Logistics

My youngest son graduated from high school yesterday. A happy milestone, for sure, but I couldn’t help but think of this sad truth which Tim Urban illustrated in a December 2015 “What But Why” blog post: “It turns out that when I graduated from high school, I had already used up 93% of my in-person. Read more The post Above the Fold: Supply Chain Logistics News (June 9, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

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D.I.MAR Makes Waves with Supply Chain Digital Transformation, Powered by ToolsGroup Automation

ToolsGroup

Teaming up with ToolsGroup, the Italian frozen seafood company chooses AI to advance its supply chain processes and guarantee a superior consumer experience. MILAN and BOSTON – June 6, 2023 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is thrilled to announce it has been selected by D.I.MAR, an Italian leader in the frozen food industry, to heighten its supply chain performance, bolster supplier relationships, and drive enhanced business results.

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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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The Top Opportunities for LSPs and 3PLs in Today’s Challenging Business Environment

The Network Effect

The post The Top Opportunities for LSPs and 3PLs in Today’s Challenging Business Environment appeared first on The Network Effect.

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The Overlooked Advantage in Trucking with Blake Grolmus

The Logistics of Logistics

Blake Grolmus and Joe Lynch discuss the overlooked advantage in trucking. Blake serves as the Vice President of Safety for Ruan Transportation Management Systems , a family-owned dedicated logistics provider since 1932. About Blake Grolmus Blake Grolmus serves as the Vice President of Safety for Ruan Transportation Management Systems. Blake joined Ruan in 2017, leading the company’s new customer onboarding and continuous improvement activities before taking a leadership role in Ruan’s Gases an

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Improve Supply Chain Strategies with Digital Twin Technology

Enterra Insights

The late President and 5-star General Dwight D. Eisenhower once stated, “In preparing for battle, I have always found that plans are useless, but planning is indispensable.” Over the years, there has been a lot written about why planning is indispensable, even if plans are useless. Here’s my two cents. Planning is indispensable because, done right, it explores a number of scenarios and involves a lot of “what if” thinking.

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Top 5 Logistics Software Trends in 2023

C3 Solutions

If last year was characterized as the year that the entire world finally woke up to the importance of the supply chain, 2023 is set to be the year logistics executives take their supply chain seriously. The difficulties faced keeping goods moving in the last two years have made it imperative to put the right technology in place to help navigate the increasing complexity of managing any company’s supply chain.

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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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Supply Chain Movement and Chainalytics Spotlight a Coming Trend: Sustainability Increasingly Leads the Supply Chain Agenda

CHAINalytics

For many years, cost-cutting was the main driver behind supply chain design and optimization. But the tide has clearly turned. Today, within many organizations, sustainability ranks alongside cost and service as an important reason to reassess the supply chain. “When it comes to supply chain design, there are two aspects to our customer demand,” says … The post <em>Supply Chain Movement</em> and Chainalytics Spotlight a Coming Trend: Sustainability Increasingly Leads the Su

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Green Jobs and Green Tech: Rethinking the Impact of the Supply Chain

Supply Chain Brain

Eight supply chains – food, construction, fashion, fast-moving consumer goods, electronics, automotive, professional services and freight – account for more than 50% of global emissions.

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Commerce Conversations: Episode 2, Bob Schwartz

Ware2Go

In this episode, Stephen Denton, CEO of Ware2Go, sits down with Bob Schwartz, investor, board member, & brand-builder across commerce Steve Denton: Hi everyone. I’m Steve Denton, CEO of Ware2Go. And I want to welcome you to another session of Commerce Conversations. Today we’re going to be joined by serial entrepreneur and business builder, Bob Schwartz.

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A Gentle Introduction to Two Advanced Techniques: Statistical Bootstrapping and Monte Carlo Simulation

The Smart Software

Smart Software’s advanced supply chain analytics exploits multiple advanced methods. Two of the most important are “statistical bootstrapping” and “Monte Carlo simulation”. Since both involve lots of random numbers flying around, folks sometimes get confused about which is which and what they are good for. Hence, this note. Bottom line up front: Statistical bootstrapping generates demand scenarios for forecasting.

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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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Charting a Sustainable Path Together: Nine Tips for Engaging Procurement Teams in Your Sustainability Journey

SupplyShift

Sustainability and responsible sourcing professionals often face the challenge of engaging their procurement teams in sustainability initiatives. With procurement professionals managing a significant portion of company revenue, they play a crucial role in supply chain sustainability. But do you understand how to collaborate with procurement professionals in your organization to implement sustainable supply chain practices?

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White House Claims Supply Chain Resiliency Has Improved Since 2020

Supply Chain Brain

The backlog of anchored vessels has decreased from 155 to roughly a dozen while 92% of goods in grocery and drug stores are in stock, exceeding pre-pandemic levels.

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6 Supply Chain Tools Which Will Save You 30 Hours

SCMDOJO

In today’s fast-paced business world, optimizing your supply chain is essential for staying competitive and efficient. With the right supply chain tools at your disposal, you can streamline operations, boost productivity, and save valuable time. Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting.