Sat.Jan 28, 2023 - Fri.Feb 03, 2023

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In-transit Inventory: A Complete Guide for Merchants

Unleashed

In-transit inventory is a frequently overlooked aspect of inventory management and accounting for product businesses. Let’s break down what it is, how to calculate its value, plus a few tricks for smarter management of in-transit goods. What is in-transit inventory? In-transit inventory is products that have been shipped by the seller but have yet to reach the customer.

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8 manufacturing ERP trends for 2023

SYSPRO Smarter ERP

As we move into a new year, we look forward to how ERP software will innovate for companies to capture benefits across their value chain. These advances will be seen not only in transformational digital technologies, but also in solutions for new ways of working, business decision-making, and automation of manual, routine workloads. While there will be many innovations in 2023, here are eight trends for manufacturers to focus on when planning their digital future. 1.

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Lean Logistics: Improving Efficiency in the Supply Chain

Unleashed

Supply chain disruptions are the enemy of product businesses. They cause bottlenecks that can slow down your fulfilment processes and bring production to a standstill. The result is high costs and unsatisfied customers. Lean logistics is a strategy designed to optimise supply chain efficiency by cutting out waste and maximising customer value. Let’s explore how to make it work for your business.

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What Does 2023 Have In-Store for Global Supply Chains? Resilience, Efficiency, Responsiveness, or Widespread Dysfunction?

Logistics Viewpoints

Recent events have elevated supply chain to a top priority for CEOs across the globe. The Conference Board ( conference-board.org ), a well-known, global business membership organization, conducted its C-SUITE OUTLOOK survey in the fall of 2021. Its survey results showed supply chain disruptions, labor shortages, and rising inflation to be 3 of the 5 high impact external factors on the minds of CEOs.

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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 Supply Chain Predictions for 2023

Logistics Viewpoints

So much has changed in a year! While the supply chain pressures that have built up over the last two years continue to abate as transportation capacity problems ease and consumption shifts from goods to services, newer challenges and opportunities lie ahead. As costs pressures build up, organizations need to get creative in increasing the focus on cost optimization while ensuring resilience and business continuity.

More Trending

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Increase Margins and Improve Service Levels by Optimizing Your Spare Parts Supply Chain 

Logility

Measuring the Value of Optimized Inventory in Service Parts The spare parts market is big business, with the global automotive spare parts market valued at US $160.69 billion in 2021 and projected to grow to US $264.68 billion by 2030. It is a complicated, availability-driven industry, but the prize for getting inventory distribution right is significant.

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Climate Change is Also Changing the Consumer Packaged Goods Sector

Enterra Insights

Humans possess the remarkable ability to think about and plan for the future. In the case of climate change, however, humans have done a lot more thinking than planning. As a result, we are now feeling the adverse long-term effects of changing weather patterns. Both consumers and enterprises in the consumer packaged goods (CPG) sector are taking notice.

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Which Business Energy Providers are Offering the Best Deals in 2023?

IT Supply Chain

By John Hampton (pictured) Content Writer The post Which Business Energy Providers are Offering the Best Deals in 2023? appeared first on IT Supply Chain.

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A More Reliable Path to Net Zero: Ivalua’s Latest Innovation Helps Reduce the Environmental Impact of Supply Chains

ivalua

Ivalua’s new Environmental Impact Center empowers Procurement and Supply Chain teams with reliable and actionable insight to reduce Scope 3 Greenhouse Gas (GHG) emissions. EIC’s Unique Capabilities: Ensure transparent carbon emissions baseline based on reliable emissions data Identify and prioritize emissions reduction opportunities Monitor and manage emissions at the product level Redwood City, CA – 31 January, 2023 – Ivalua , a global leader in Cloud Spend Management Solutions , announced the

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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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The Renewal Logistics Story with Courtney Folk

The Logistics of Logistics

Courtney Folk and Joe Lynch discuss the Renewal Logistics story. Courtney is the Co-Founder and CEO of Renewal Logistics , a full-service apparel fulfillment company that is the largest independent apparel restoration company in the US. About Courtney Folk Courtney Folk is the Co-Founder and CEO of Renewal Logistics, a full service apparel fulfillment company that is the largest independent apparel restoration company in the US.

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Above the Fold: Supply Chain Logistics News (February 3, 2023)

Talking Logistics

Be careful where you hidewhen you’re playing hide-and-seek. A 15-year old boy from Bangladesh was playing hide and seek with his friends and he hid inside a shipping container. Unfortunately, he locked himself in, fell asleep, and ended up in Malaysia six days later. “The boy was locked inside the container for 6 whole days. Read more The post Above the Fold: Supply Chain Logistics News (February 3, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

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The Supply Chain’s Groundhog Day Experience

Enterra Insights

Most people are familiar with the 1993 film entitled Groundhog Day. The movie is about a cynical television weatherman named Phil Connors (played brilliantly by Bill Murray) who is assigned to cover the annual Groundhog Day event in Punxsutawney, Pennsylvania. Unexpectedly, he finds himself trapped in a time loop that forces him to relive February 2nd repeatedly.

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It’s Time for Procurement to own Scope 3 Emissions

ivalua

Why should Procurement own Scope 3 Emissions? The answer is simple- suppliers and spend. For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. Most organizations are familiar with Scope 1 and 2, as they are direct and indirect emissions from your own operations.

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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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Building World Class Tech for Final Mile with Eddie Misicka

The Logistics of Logistics

Eddie Misicka and Joe Lynch discuss building wolrd class tech for final mile. Eddie is the Vice President of Product Development at OneRail an Orlando-based last mile transportation visibility solution providing shippers with Amazon-level dependability and speed. About Eddie Misicka Eddie Misicka is the Vice President of Product Development at OneRail.

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The Connected Channel

Talking Logistics

There are a lot of dimensions and moving parts to supply chain management. But one area that I don’t think gets enough attention is channel management — that is, the way companies connect, communicate, and collaborate with their distributors, resellers, and other channel partners. As with other areas of supply chain management, there have been.

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The Future of Omnichannel Grocery

Enterra Insights

During the height of the pandemic, online grocery shopping spiked. Some consumers, who discovered the convenience of shopping online for groceries, have continued to do so — many more consumers have returned to in-store shopping. As consumers settle into more normalized routines, it’s fair to ask what the future of omnichannel grocery shopping looks like.

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It’s Time for Procurement to own Scope 3 Emissions

ivalua

Why should Procurement own Scope 3 Emissions? The answer is simple- suppliers and spend. For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. Most organizations are familiar with Scope 1 and 2, as they are direct and indirect emissions from your own operations.

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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 FreightVana Story with Shannon Breen

The Logistics of Logistics

Shannon Breen and Joe Lynch discuss the FreightVana story. Shannon is Co-CEO & Founder of FreightVana , a digital logistics partner powered by technology and built on a foundation of trust and transparency About Shannon Breen Shannon Breen is the Co-CEO & Founder at FreightVana, a digital logistics partner powered by technology and built on a foundation of trust and transparency.

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Editor’s Pick: Why GDP Growth Is Not the Best Indicator of Freight Demand

Talking Logistics

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. In this January 31, 2023 post from Uber Freight’s blog, Mazen Danaf, Senior Economist at Uber Freight, outlines why GDP is not.

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Effect of Change in Replenishment Frequency

Arkieva

This blog breaks down the impact of changing replenishment frequency on inventory and service levels from a mathematical perspective. Effect of Change in Replenishment Frequency was first posted on February 2, 2023 at 8:34 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement.

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Top 10 CEOs Who Have Had Roles in Supply Chain

SCMDOJO

From tech giants to manufacturing leaders, the top 10 CEOs in the supply chain industry have blazed a trail of success. Explore their stories and accomplishments, and be inspired to become an effective leader in your own right. Don’t forget! We have tons of other interesting blogs with valuable insights related to the supply chain field, such as the following: 6 Logistics KPIs Attributes That are Essential Evolution of Supply Chain Management and Logistics Rising Supply Chains Complexity &

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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 Visibility Isn’t Just a Catchphrase; It’s an Imperative

Supply Chain Brain

The rapid growth of direct-to-consumer (D2C) fulfillment models during COVID-19 has decentralized demand, adding to complexity, cost and volatility. Supply chain visibility isn’t just a catchphrase; it’s an imperative.

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Devising a Simpler Yet More Effective Transport Network for Vion Food Group

CHAINalytics

One of the largest European meat producers grew through mergers and acquisitions, and an unwieldy transport network developed to keep their perishable product flowing. Knowing there had to be a better way, Vion joined forces with Chainalytics to set a course for the future with a robust, flexible, and optimised transport network. Vion Food Group … The post Devising a Simpler Yet More Effective Transport Network for Vion Food Group appeared first on Chainalytics.

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Data Privacy Day: what to expect in 2023

IT Supply Chain

By Cybersecurity, Risk & Data Experts Andy Palmer (main picture) Co-Founder & CEO of Tamr The post Data Privacy Day: what to expect in 2023 appeared first on IT Supply Chain.

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Goat trail

Supply Chain Movement

How can we recruit and retain supply chain talent? This question resonates with many supply chain managers, especially as the number of job openings in supply chain positions remains unchanged. In the past three years, it has been all hands on deck for supply chains worldwide. The resulting workload has had a major impact on supply chain employees. Recent alarming figures from a study by Boom!

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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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Service-Level-Driven Planning for Service Parts Businesses

The Smart Software

Service-Level-Driven Service Parts Planning is a four-step process that extends beyond simplified forecasting and rule-of-thumb safety stocks. It provides service parts planners with data-driven, risk-adjusted decision support. The post Service-Level-Driven Planning for Service Parts Businesses appeared first on Smart Software.

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Digital Supply Chain Twin: Is it the Foundation of a Well-Designed Digitalization Initiative?

John Galt

What are supply chain control towers and digital twins? We take a look at defining the terms, the key differences and what these solutions offer to supply chain planning.

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The Role of Custom Coil Winding in Creating High-Quality Medical Devices

IT Supply Chain

By Dwight J. Lawrence (pictured) Content Writer The post The Role of Custom Coil Winding in Creating High-Quality Medical Devices appeared first on IT Supply Chain.

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