Sat.Jul 30, 2022 - Fri.Aug 05, 2022

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Modernizing Your Supply Chain is Not Enough

Enterra Insights

The late Thomas Samuel Kuhn, an American philosopher of science, introduced the term “paradigm shift” in his 1962 The Structure of Scientific Revolutions. The term caught on. As Tania Lombrozo ( @TaniaLombrozo ), a psychology professor at Princeton University, notes, “Talk of paradigms and paradigm shifts has since become commonplace — not only in science, but also in business, social movements and beyond.”[1] She adds, “A paradigm shift is defined as ‘an impo

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Top 3 reasons to upgrade to the latest release of your ERP software

SYSPRO Smarter ERP

A modern ERP software platform provides this foundation, serving as a central source of truth for financials, operations, and the supply chain — essentially every aspect of a manufacturing or distribution business. But not just any ERP platform will do. Just as the market changes rapidly, so does technology, and to take full advantage of the new technologies and new capabilities that enable digital transformation , it’s important to deploy the latest version of software.

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Reduce Excess Inventory While Protecting Margins with a Pricing and Promotion Analysis  Solution

Logility

Your ship’s come in! That’s a good thing, right? Much of the merchandise languishing aboard cargo ships stuck in ports around the world during the pandemic-fueled supply chain crisis has made it to store shelves. No doubt this brings some mirth and merriment in an otherwise bleak stretch for consumers, but it also brings a massive migraine for retailers.

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Retail Returns: The Key to Driving Business Growth

ToolsGroup

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. Yet, in today’s omnichannel world, retail returns are key to driving business growth, thanks to their ability to enhance the customer experience, minimize losses, and preserve long-term revenue.

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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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Don’t Fear What is Outside Your Box – It Can’t Bite You!

Logistics Viewpoints

The only way to drive business is to embrace change; in today’s uncertain world, this is more valid than ever. Still, we can see that it is hard for many companies to go outside of their box and challenge the status quo. I have seen a lot of scary examples where a company wants to stay in the old box and connect new technologies and innovation…….and they fail, again and again and again.

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Reshoring: “The Beginning of De-globalization” or More of the Same?

Talking Logistics

As reported by Dion Rabouin in the Wall Street Journal last week, “top executives at large U.S. companies are increasingly talking up bringing workforces and supply chains back home — known as ‘re-shoring’ — during second quarter earnings calls. Data from Bank of America shows use of the term has spiked to a record level, Read more Reshoring: “The Beginning of De-globalization” or More of the Same?

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The Routeique Story with Mike Allan

The Logistics of Logistics

Mike Allan and Joe Lynch discuss the Routeique story. Mike is the President and CEO at Routeique, a software as a service (SAAS) company that enable fast-moving consumer goods businesses to save time and money, innovate faster, be more competitive, avoid costly mistakes, de-risk decisions, and satisfy ever-growing customer expectations— by providing them with unprecedented supply chain insight, foresight, and oversight.

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ToolsGroup Supports Accelerated Growth With Addition of New Executives

ToolsGroup

ToolsGroup welcomes Jon Purdy as Chief Financial Officer and Joseph Luciano as Chief People Officer. . BOSTON — August 4, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, announces it has appointed Jon Purdy as Chief Financial Officer and Joseph Luciano as Chief People Officer. These strategic executive hires support rapid company growth, better collaboration, goal clarity, and ongoing improvement in key business metrics while keeping

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The Global Warehouse Automation Market is “En Fuego”

Logistics Viewpoints

Earlier this week I saw an investor video discussing growth stock performance. It included all of the usual suspects – Amazon, Alphabet (Google), Tesla, and other household technology names. This was on a day I was busy analyzing the global warehouse automation market. I had just reviewed KION Group’s financials that showed the Supply Chain Solutions segment (Dematic) grew by 44 percent in 2021.

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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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Above the Fold: Supply Chain Logistics News (August 5, 2022)

Talking Logistics

There are many reasons why I can’t think straight this morning, so I’ll just go straight to the supply chain and logistics news that caught my attention this week. Amazon launches same-day delivery from some brick-and-mortar retail brands (CNBC) Aurora and Schneider to Autonomously Haul Freight in Texas Self-Driving Truck Accident Draws Attention to Safety.

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The Zergratran Story with Byron Bennett

The Logistics of Logistics

Byron Bennett and Joe Lynch discuss the Zergratran story. Byron is the Founder and CEO of Zergratran , an innovative and sustainable high-capacity transportation company that is building the world’s first tunnel to expedite shipping goods between the North Atlantic and the North Pacific. In doing so it will offer faster, smarter, safer and cheaper solutions to existing alternatives.

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How to Handle Supply Chain Planning in the Face of Chaos

The Network Effect

The post How to Handle Supply Chain Planning in the Face of Chaos appeared first on The Network Effect.

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Buying 2021 Holiday Gifts for the 2022 Holiday Season

Enterra Insights

If supply chain snarls kept you from receiving items you wanted last Christmas, you’re in luck. Those items are now arriving in U.S. ports and you may be able to get them at a bargain price. The staff at SupplyChainBrain notes, “Some of the goods remain stuck at seaports and some are heading to liquidators.”[1] Here’s the rub: “All those excess retail inventories are starting to weigh on warehousing markets. … Companies are struggling to find space for the glu

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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 Supply Chain Resilience: The Right Balance of Human and Tech in Transportation

3GTMS

The post Building Supply Chain Resilience: The Right Balance of Human and Tech in Transportation appeared first on 3GTMS.

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Logistics Buyers Survey with Jim Bierfeldt

The Logistics of Logistics

Jim Bierfeldt and Joe Lynch discuss the logistics buyers survey created by Jim and his team at Logistics Marketing Advisors. About Jim Bierfeldt. Jim Bierfeldt is the Founder and President of Logistics Marketing Advisors. Jim has had a 35-year career in marketing and communications, including 25+ within the logistics industry. He ran marketing for a large 3PL before launching his own marketing agency, Logistics Marketing Advisors, which focuses exclusively on providing marketing strategy and ser

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How Much Inventory Should I Have In My Fulfillment Warehouse?

Amware Logistics and Fulfillment

Inventory management has changed substantially in the last few years. Most fulfillment professionals spent years learning about lean inventory strategies, only to find those methods ineffective when the supply chain turned volatile during the COVID-19 pandemic. Now, as pandemic difficulties ease, many eCommerce and omnichannel professionals find themselves asking the question: How much inventory should I have?

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Will Reshoring Solve Supply Chain Woes?

Enterra Insights

Current supply chain snarls, often associated with overseas factories and logjammed ports, have made manufacturing reshoring a hot topic. The staff at Manufacturing.net asserts, “As manufacturers face complex supply chain challenges due to COVID-19, trade wars, and political and social unrest, reinvesting in near-shoring or reshoring operations can help build resilience and agility amid the turmoil.”[1] On the other hand, Lora Cecere ( @lcecere ), founder and CEO of Supply Chain Insi

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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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National Pet Retailer Thrives During COVID-19 Through E-Commerce Fulfillment Flexibility

CHAINalytics

Pandemic lockdowns quickly altered consumer buying patterns and delivery expectations and, when it came to their fur-children, pet-parents were no different.One of the largest pet retailers in the U.S. reached out to Chainalytics Supply Chain Design practice to help align its distribution strategy and pivot to serve surginge-commerce demand. While many retailers struggled to … The post National Pet Retailer Thrives During COVID-19 Through E-Commerce Fulfillment Flexibility appeared firs

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The role of a Bill of Materials in optimizing your inventory management

SYSPRO Smarter ERP

Ongoing challenges in the supply chain, such as shortages caused by increased demands and the shutting down of some factories, continue to affect manufacturing businesses even to this day. However, effectively dealing with these challenges and optimizing a manufacturing business’ processes is challenging without adopting and implementing a Bill of Materials (BOM) to accompany an organization’s ERP system.

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What If You Treated Your Data Supply Chain Like the Physical Supply Chain?

Supply Chain Brain

While the task and responsibility for managing the data supply chain is primarily the responsibility of information technology professionals, the concepts and tools we use every day directly apply to the data supply chain as well as the physical supply chain. .

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July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Global Wide Production Activity. The July 2022 J.P. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Morgan and S&P Global was headlined with an observation of stagnated production output globally.

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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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146 days until Christmas - Are you ready?

Cathy Roberson

As of Aug 1, there are 146 days until Christmas. Are you ready? Thanks for reading Rethinking supply chains! Subscribe for free to receive new posts and support my work. Planning for the parcel peak season is well underway for many shippers and carriers. The planning typically begins at the start of the year as shippers work with carriers to share updated forecasts of capacity requirements throughout the year to ensure parcels are delivered on time during the season.

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Is blockchain the key to battling counterfeit goods & improving supply chain traceability?

IT Supply Chain

By Dominic von Trotha Taylor (pictured). CEO & Chairman, iov42. The post Is blockchain the key to battling counterfeit goods & improving supply chain traceability? appeared first on IT Supply Chain.

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Taiwan Tensions Raise Risks in One of Busiest Shipping Lanes

Supply Chain Brain

The standoff between the U.S. and China over Taiwan has thrown a spotlight on growing risks to one of the world’s busiest shipping lanes — even a minor disruption could ripple through supply chains.

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Brewer Supplier Relationships in a Changing Beer Industry

QAD

One of my favorite movies is Robin Hood: Prince of Thieves. It was a drama that had some very comedic moments. In one segment, Robin Hood had a not too friendly run in with Friar Tuck. After a slight skirmish, he convinced him to join his merry band to impart some spiritual guidance. Now as it turned out, the friar had an even greater love than the divine.

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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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Process of Supply Chain Management

Elementum

An excellent supply chain management process helps businesses avoid costly refunds and lawsuits. The supply chain management process controls and reduces costs and avoids supply shortages. In this article, we will look at how supply chain management works and what the process looks like. Importance of Supply Chain Management Process The supply chain management process is important due to the following reasons: It helps achieve different business objectives Control of manufacturing processes help

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4 Proven Methods for Developing an Effective IT Strategy for Your Organization

IT Supply Chain

By Paul Williamson (pictured). Guest Author. The post 4 Proven Methods for Developing an Effective IT Strategy for Your Organization appeared first on IT Supply Chain.

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Achieving True Visibility Through a Supply Chain Control Tower

Supply Chain Brain

To improve collaboration and responsiveness, enterprises need what one might call “end-to-endless” visibility — advanced analytics that’s greater than the sum of its parts.