Sat.Feb 11, 2023 - Fri.Feb 17, 2023

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Ask the Experts: What Made You Fall In Love With Supply Chain?

John Galt

We asked industry experts and supply chain influencers what made them fall in love with supply chain. Read their answers!

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9 Step Formula to Reinforce Your FMCG Channel and Distribution Strategy

Enchange Supply Chain Consultancy

Arguably the most important element of any Route to Market strategy for a consumer goods company is its Distribution Strategy. Very often, when results are not coming in, the distributors get the blame and may even be replaced. Too often, their replacements perform in a similar fashion. Why is this?

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The World Economic Forum Warns of Polycrises

Logistics Viewpoints

There are a handful of insightful reports I look forward to every year. The World Economic Forum’s Global Risks Report is one of them. This year’s report is based on interviews with over 1,200 experts across academia, business, government, the international community and civil society. “’Global risk’” is defined as the possibility of the occurrence of an event or condition which, if it occurs, would negatively impact a significant proportion of global GDP, population or natural resources.

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How to Turn Low-Trust Business Relationships into High-Performing Partnerships

Talking Logistics

I’ve argued over the past few years that we have a trust problem in supply chain management. For example, in a survey we conducted with our Indago supply chain research community in September 2021, more than half of the respondents (56%) either agreed or strongly agreed that “you can’t be too careful when dealing with. Read more The post How to Turn Low-Trust Business Relationships into High-Performing Partnerships appeared first on Talking Logistics with Adrian Gonzalez.

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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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5 Benefits of Human-Robot Partnerships in Warehouses

Locus Robotics

By Rob Press, Content Marketing Manager, Deputy In the supply chain, warehouses play a crucial role in receiving products from the source, storing them safely, and delivering them quickly and efficiently. In recent years, the increased use of automation and robotics has transformed warehouse operations by delivering substantial efficiency, safety, and precision improvements.

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Automating The Warehouse with Gary Allen

The Logistics of Logistics

Gary Allen and Joe Lynch discuss automating the warehouse. Gary is Vice President of Supply Chain Excellence at Ryder System, Inc. , a leader in supply chain , dedicated transportation and fleet management solutions, that has been recognized by FORTUNE magazine as one of the World’s Most Admired Companies® for 2023. About Gary Allen Gary Allen is Vice President of Supply Chain Excellence at Ryder System, Inc.

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The difference between Business Intelligence (BI) and ERP?

SYSPRO Smarter ERP

How does BI differ from ERP? ERP systems essentially integrate all the disparate functions within your business and overcome the so-called ‘silo mentality’ by creating a single, centralized data architecture. The ERP software collects, stores and manages data relating to business activities. The principal output of ERP software is business efficiency and cost-savings.

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Automation in Manufacturing: Uses, Examples, & Trends

Unleashed

Many modern businesses now rely on automation in manufacturing to get products built faster, optimise workplace processes, and get orders to customers more efficiently. But as there are hundreds of technologies you can invest in at vastly different price points, decisions on investments can be difficult. Let’s take a look at some of the manufacturing automation options available, their benefits, and current trends to consider.

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The Ongoing Convergence of Logistics and Commerce

Talking Logistics

The traditional lines between software vendors and 3PLs, and between the front-end of e-commerce and the back-end, are all starting to blur and dissolve. I wrote that back in August 2016 in “The Convergence Of Logistics And Commerce (And Social Networking Too).” The post was in response to news at the time that Symphony Commerce. Read more The post The Ongoing Convergence of Logistics and Commerce appeared first on Talking Logistics with Adrian Gonzalez.

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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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This Week in Logistics News (February 11 – 17)

Logistics Viewpoints

A big story earlier this month was the reported Chinese spy balloon. From January 28 to February 4, a Chinese-operated high-altitude balloon was seen in North American airspace, including Alaska, western Canada, and the contiguous United States. On February 4, the U.S. Air Force shot down the balloon over U.S. territorial waters off the coast of South Carolina.

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Winning the Logistics Talent War with Charlie Saffro

The Logistics of Logistics

Charlie Saffro and Joe Lynch discuss winning the logistics talent war. Charlie is the Founder and President of CS Recruiting , a Woman-Owned leading search firm that specializes in the Logistics, Transportation, and Supply Chain industry. About Charlie Saffro Charlie Saffro is the President and Founder of CS Recruiting, a leading executive search firm that specializes in finding the right talent in the supply chain, logistics, and transportation industry.

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LogiSYM Supply Chain Magazine – February 2023

The Logistics & Supply Chain Management Society

Industry Outlook 2023: Digital Transformation in Supply Chain, Sustainability, and Workforce Present Uncertainty and Opportunity Download the latest LogiSYM Supply Chain Magazine In this edition we have several news updates, interesting & enlightening articles and contributions on people & management – topics which are most crucial to the development of the Supply Chain Industry across regions as well as globally.

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Navigating the Modern Supply Chain with AI-driven Insight

Talking Logistics

The Building Blocks Are Evolving The modern supply chain has always been a mixture of Makers, Movers, and Sellers. These functions are the basic building blocks of our modern supply chain. Makers produce goods to be sold. This may mean taking raw materials, possibly combining them with other ingredients, even adding assembled components, and building.

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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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2023 Supply Chain Priorities, Perceptions, and Initiatives – Preliminary Results

Logistics Viewpoints

There are numerous indications that supply chain is more critical than ever. Results from The Conference Board’s C-SUITE OUTLOOK survey showed supply chain disruptions, labor shortages, and rising inflation to be 3 of the 5 high impact external factors on the minds of CEOs. In addition, the Board asked executives what steps they were taking in response to the war in Ukraine.

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Give Your Sweetheart Something Expensive This Valentine’s Day: Eggs

Enterra Insights

Valentine’s Day is an occasion for sweethearts to exchange cards and gifts. Traditionally, gifts have included flowers, chocolates, and jewelry. Those are still excellent choices. However, the current joke circulating ahead of this Valentine’s Day is: If you want to give your sweetheart something really expensive this year, give them eggs!

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Industry Outlook 2023: Digital Transformation in Supply Chain, Sustainability and Workforce Present Uncertainty and Opportunity

The Logistics & Supply Chain Management Society

Industry Outlook 2023: Digital Transformation in Supply Chain, Sustainability and Workforce Present Uncertainty and Opportunity by Alex Teo, Vice President & Managing Director for Southeast Asia, Siemens Digital Industries Software Over the past few years, the faster-than-expected pace of digital technology adoption has seen significant changes in the industrial sector.

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[Video] How to Turn Low-Trust Business Relationships into High-Performing Partnerships

Talking Logistics

I’ve argued over the past few years that we have a trust problem in supply chain management. For example, in a survey we conducted with our Indago supply chain research community in September 2021, more than half of the respondents (56%) either agreed or strongly agreed that [quote] “you can’t be too careful when dealing. Read more The post [Video] How to Turn Low-Trust Business Relationships into High-Performing Partnerships appeared first on Talking Logistics with Adrian Gonzalez.

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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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Editor’s Choice: 5 Pitfalls to Avoid When Choosing a TMS

Logistics Viewpoints

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. This article is from Descartes and it discusses the pitfalls to avoid when choosing a Transportation Management System (TMS). The logistic environment is demanding and new challenges keep on rising to the surface.

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How To Manage Supply Chain Risk in the Age of Unpredictability

Supply Chain Brain

Supplier diversification is among the most essential actions a business can take to survive a black swan event, but it requires prior planning.

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The Green Corridor: Digitise Wisely to Reduce Emissions

The Logistics & Supply Chain Management Society

The Green Corridor: Digitise Wisely to Reduce Emissions by Timothy Foote , Founder of Susymbio Digitisation in the logistics and transportation industry produces efficiency gains for nearly all players in the economy today. Efficiency generally leads to less power being used and therefore less fossil fuels being burned. That said, with our increased productivity there is also an increased volume of services being carried out.

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Above the Fold: Supply Chain Logistics News (February 17, 2023)

Talking Logistics

Is there something you miss from your younger days? I miss getting handwritten letters from friends in the mail. Nothing brightened my day more in college than getting back to my dorm, opening my mailbox, and finding a letter inside. If the envelope had red, white, and blue borders, and a foreign stamp on it, Read more The post Above the Fold: Supply Chain Logistics News (February 17, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

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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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Managing and Reporting Inventory in a Foreign-Trade Zone

QAD

Some things simply seem too good to be true. Given the long list of FTZ benefits, including saving on Merchandise Processing Fees (MPF), reducing or eliminating duties, taxes, and tariffs, and allowing for tax-free storage of inventory while in the zone, it’s natural to wonder why more companies aren’t taking advantage of FTZs. In other words, what’s the catch?

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What to Expect in Network Connectivity for the Supply Chain in 2023

Supply Chain Brain

Supply chains need to look at technologies that can impact efficiency and productivity across multiple functions and tasks. One often-overlooked technology is wireless network connectivity.

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What You Should Know About Retail Logistics

3PL Insights

Retail logistics is responsible for delivering products to customers both in physical stores and online. This process starts from the moment a product is sourced from the supplier to the customer. The complexity of retail logistics has increased with the growth of e-commerce, requiring retailers to be more strategic and efficient in their operations.

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Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities

SCMDOJO

The procurement department is an integral part of any organization, playing a crucial role in the purchasing process. This department manages the selection, acquisition, and payment of goods and services needed to run a business. To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management.

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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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Recession-proof Supply Chains with FTZs

QAD

Despite the efforts of governments around the world to curb inflation and stabilize economies, a recent study by the World Bank suggests that 2023 could likely see a global recession. Supply chain leaders are bracing for impact. As margins tighten, companies are looking for creative solutions to save money, and one tried and true option is emerging as a serious contender: Foreign-Trade Zones (FTZ).

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Connected Data: The Foundation of a Resilient Supply Chain

Supply Chain Brain

In a highly connected and digital world, fragmented supply chains simply don’t work. Organizations today require end-to-end visibility, to compete and navigate the challenges that have recently plagued global businesses.

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Supply Chain Weekly Wrap-Up 02/10/2023-02/16/2023

All Things Supply Chain

Germany looks to partner with Japan to Secure Raw Materials The German government wants to increase cooperation with Japan to help secure supplies of raw materials.

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