What if Forecasts Were More Accurate and Reliable?
Demand Driven Technologies
NOVEMBER 28, 2022
It often seems like supply chain executives are too busy trying to improve forecast accuracy to wonder: would it really change the game? Source.
Sat.Nov 26, 2022 - Fri.Dec 02, 2022
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Tips for Managing Supply Chain Disruption Cost
MercuryGate
DECEMBER 1, 2022
In 2022, supply chain disruptions cost global businesses an average of $184 million and an average of $228 million. With that in mind, controlling procurement and transportation budgets is more important than ever. While disruptions are inevitable, proactive planning can minimize negative impacts on the supply chain. The post Tips for Managing Supply Chain Disruption Cost appeared first on MercuryGate International.
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How to Avoid the Bull Whip Effect with Inventory Planning
StockTrim
NOVEMBER 28, 2022
The bullwhip effect is a phenomenon that can happen in inventory management. It happens when there is too much inventory in the supply chain and it moves in whip-like pattern.
The future of digital transformation is Open. What’s your strategy for 2023?
Axway
NOVEMBER 29, 2022
You may have heard of Open Banking , Open Insurance , or perhaps Open Healthcare – the truth is, that’s just a start.
Embedded Analytics Insights for 2024
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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.
A Better Way to Think About Integrated Planning
Logistics Viewpoints
NOVEMBER 28, 2022
Paul Delbar from OMP has a different take on what integrated planning means. OMP provides supply chain planning (SCP) solutions. Mr. Delbar has a succinct way of describing difficult concepts. Resilience is About Planning for Agility. “Definitions of agility, resilience, visibility, and end-to-end collaboration are all very much tied together. Something happens in your end-to-end supply chain.
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Resilient supply chains require a shift in procurement strategy
Resilinc
NOVEMBER 29, 2022
The World Economic Forum is many things: an annual meeting of business leaders in Davos, Switzerland; a sponsor of think tanks like the Centre for the New Economy and Society; a funder of social enterprises such as the Forum of Young Global Leaders; and the publisher of Agenda articles on contemporary business issues by leaders in business, politics, and civil society.
What is Inventory Replenishment & Why Does it Matter?
Unleashed
NOVEMBER 28, 2022
Inventory replenishment is reordering stock in the right quantities, at the right time. Too much inventory can increase costs, limit cash flow, and leave you with expired stock. Too little, and you risk disappointing customers with slow fulfilment times. An optimised inventory replenishment strategy ensures items are reordered from suppliers in time to meet demand, while preventing overstocking of products, raw materials, and parts.
Why a Delivery Customer Experience Focus Yields Competitive Advantage
MercuryGate
NOVEMBER 29, 2022
As the e-commerce piece of the total retail sales puzzle evolves, options for last-mile delivery continue to increase. Shippers must focus on the quality of those experiences and optimize their logistics, including those last-mile processes. Doing so allows you to keep up with consumers' high expectations and compete in the market. The post Why a Delivery Customer Experience Focus Yields Competitive Advantage appeared first on MercuryGate International.
Data Governance: What Is It & Why Does It Matter?
IT Supply Chain
NOVEMBER 30, 2022
By Allen Brown (pictured). Content Writer. The post Data Governance: What Is It & Why Does It Matter? appeared first on IT Supply Chain.
Next-Gen Procurement: Transforming Processes with the Power of Generative AI
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.
80% of UK businesses say Brexit caused the biggest supply chain disruption in the last 12 months
ivalua
NOVEMBER 28, 2022
83% fear the biggest disruption from Brexit is yet to come, while increasing supply chain disruption caused revenues to drop by an estimated 18%. London, UK, 28th November, 2022. Research from Ivalua , a leading global spend management cloud provider , has revealed that 80% of UK businesses say that Brexit has been the biggest disrupter to supply chains in the last 12 months, while 83% fear the biggest disruption from Brexit is yet to come.
Above the Fold: Supply Chain Logistics News (December 2, 2022)
Talking Logistics
DECEMBER 2, 2022
December, already? I was thinking of something witty to write as we enter the last month of 2022, but all that came to mind were these lyrics by the Counting Crows: A long December and there’s reason to believeMaybe this year will be better than the last With nothing more to say, here is the. Read more Above the Fold: Supply Chain Logistics News (December 2, 2022).
Logistics Predictions: How Did We Do in 2022 and What Will 2023 Look Like?
Logistics Viewpoints
DECEMBER 1, 2022
Near the end of 2021, I had the chance to make the early call on Logistics Viewpoints on what 2022 would look like across five major logistics themes. Unlike the folks projecting election results these days, I was a little more accurate and the 2022 projections have set the stage for what will happen in 2023. Let’s take a look at what happened with the major themes, as well as the research and analysis we conducted in 2022 to help determine what those themes will look like in 2023.
Using Supply Chain Databases in Academic Research
SCM Research
NOVEMBER 27, 2022
In recent years, academic articles that use supply chain databases have become more and more common in SCM-related journals. Such databases (e.g., Bloomberg SPLC, FactSet Supply Chain Relationships, and Mergent Supply Chain) were originally not developed for use in academic research, but for use in business practice. However, they offer great potential for a better understanding of supply chains (or more precisely supply networks) and supply chain management and are therefore also very interesti
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
The Chain.io Story with Brian Glick
The Logistics of Logistics
NOVEMBER 30, 2022
Brian Glick and Joe Lynch discuss the Chain.io story. Brian is the Founder and CEO of Chain.io, a cloud-based integration platform that connects partners across the global supply chain. About Brian Glick. As Founder and CEO of Chain.io, Brian Glick has made a career of simplifying complex supply chain and trade compliance IT challenges. Whether analyzing complex coding issues or rationalizing the compliance impacts of a vendor direct drop ship program, Brian brings a rare combination of execut
Mind the Gap: Where to Find the Greatest Opportunities for Supply Chain Innovation and Improvement
Talking Logistics
NOVEMBER 30, 2022
Editor’s Note: The following is an excerpt of a research report published this week, “Transportation Pulse Report 2023 – Welcome to the Platform Era: Uniting the Transportation Industry to Collaboratively Make a Difference.” The research, conducted by Adelante SCM and commissioned by Transporeon, includes insights from our Indago supply chain research community and from executives.
Improving Your Supply Chain Risk Management
C3 Solutions
NOVEMBER 30, 2022
Before 2020, the global supply chain seemed almost untouchable, a well-oiled machine that kept the global economy turning. Risk mitigation and supply chain resiliency wasn’t the top priority for businesses.
How eCommerce Shipping Boxes Can Drive Up Supply Chain Costs: An Interview with Jack Ampuja
Amware Logistics and Fulfillment
DECEMBER 1, 2022
Jack Ampuja is president of Supply Chain Optimizers. Jack’s firm has completed more than 500 packaging optimization projects for manufacturers, retailers, and ecommerce companies, saving an average 10% in supply chain costs on each project. Jack was a recent guest on the Unboxing Fulfillment Podcast with host Harry Drajpuch discussing, among other things, how eCommerce shipping boxes can increase costs and erode profit.
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
Happening Now: President Biden signs legislation avoiding rail strike
West Coast and California Logistics
DECEMBER 2, 2022
President Biden has signed legislation today that imposes a labor agreement on rail workers. According to Supply Chain Dive, this legislation helps the country avoid a national strike that could have cost the economy $2 billion per day.
Majority of Supply Chain Organizations Prioritizing Sustainability
Supply Chain Brain
DECEMBER 2, 2022
The majority of supply chain organizations surveyed in October and November — 77% — claim to be prioritizing sustainability or to have plans to prioritize it in the coming year. .
Crypto Enthusiast Investment Tips!
Supply Chain Game Changer
NOVEMBER 26, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Should You Reinvest Your Crypto Gains? Nowadays, getting an interest in the cryptocurrency industry is inevitable. One of the most important reasons behind the same is that the cryptocurrency industry is flourishing and making people more prosperous. If you a Crypto enthusiast looking forward to becoming rich using the cryptocurrency space, you need first to understand the whole crypto space.
Key questions to ask your pharmaceutical distribution warehouse provider
Kanban Logistics
NOVEMBER 30, 2022
When evaluating the 3PL provider in charge of your pharmaceutical distribution warehouse, safety is the name of the game. You want to make sure that your provider is doing all that it can to protect the integrity of your products while adhering to GMP guidelines. In this article, we’ve listed several specific questions that you should ask your current or prospective 3PL provider to make sure that your pharmaceutical products are in good hands.
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.
Accelerate Your Business with this B2B e-Commerce Checklist
QAD
DECEMBER 1, 2022
We’ve written extensively about the steps manufacturers can take to mitigate some of the damage the supply chain sustained following the COVID-19 pandemic, including contingency planning with an S&OP process, building in resiliency , pinpointing and unmasking supply chain issues and responding to risks with improved supplier relationship management ( SRM ), among other similar topics.
Logistics Companies Are Diversifying Hiring, but Challenges Persist
Supply Chain Brain
NOVEMBER 28, 2022
Carol Tomé at United Parcel Service and Judy McReynolds at ArcBest may have more company in the future as business schools turn out a more diverse set of graduates with supply-chain degrees.
Top Licensing and Regulatory Bodies for Online Casinos in the U.S.
Supply Chain Game Changer
NOVEMBER 27, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 6 Benefits of Playing Free No Download Slot Machines! Registering with a fraudulent online gambling operator is one of the worst nightmares of every gambler. It usually translates to putting your financial information at risk, meaning you might lose your money, data, and undisclosed information without your consent.
Meta fined €265m over data protection breach that hit more than 500m users
IT Supply Chain
NOVEMBER 29, 2022
By Paul Brucciana (pictured). Cyber Security Advisor, WithSecure. The post Meta fined €265m over data protection breach that hit more than 500m users appeared first on IT Supply Chain.
The Big Payoff of Application Analytics
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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.
The 24 Essential Supply Chain Processes in Practice
QAD
NOVEMBER 29, 2022
Recently, we completed a project with a greenfield EV OEM who is committed to establishing a supply-chain focus in their operation’s start-up. They invited the Auto Supply Chain Prophets to support their team in identifying their organization’s essential supply chain processes and ensuring their integration within a unique TaaS (Truck as a Service) business model.
Looking to the Military Model to Improve Commercial Supply Chains
Supply Chain Brain
NOVEMBER 27, 2022
Military operations have always had an urgency to their supply-line management, something that has not always been present in commerce.
Who is Responsible for the Wellbeing of Crew on a Ship?
Supply Chain Game Changer
NOVEMBER 28, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Ways to Boost Productivity! Working hard on a ship should be under safe conditions that help productivity. If your well-being suffers, not only does this detract from your work, but the conditions can ruin your health. It is crucial that your well-being is taken care of. When you are injured because of irresponsible leadership, you can suffer from damages that negatively impact your livelihood.
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