ProcurePort
JULY 27, 2022
• Strategic sourcing is a practice in procurement that seeks to utilize a single, integrated process for purchasing and supply chain management. • Strategic sourcing tailors data collection, spend analysis, negotiation, market research, and contracting to achieve profitability and efficiency in purchasing and supply chain management. So, as opposed to sourcing which is the actual […].
The Logistics of Logistics
JULY 25, 2022
Kary Jablonski and Joe Lynch discuss Trucker Tools. Kary is the CEO of Trucker Tools, the leading carrier relationship management platform that helps brokers grow their carrier network, book loads digitally, track freight, and build enduring relationships with carriers to drive reuse.
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Logistics Viewpoints
JULY 28, 2022
Across the global business ecosystem, sourcing and retaining top talent labor is of utmost importance. This is no less true of the supply chain industry, which must manage high customer demand while simultaneously experiencing unprecedented labor issues. What’s more, the physical rigors and repetitive nature of supply chain work are creating massive challenges when it comes to employee retention.
Logility
JULY 29, 2022
How to properly optimize your logistics network with network design. The Challenge. Modern business means fast distribution. Amazon is not the only company driven to one- and two-day delivery; all industries are headed to shorter service windows. This means more distribution points, closer to your customers. Now, supply chain leaders are caught between a cost versus service crunch.
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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.
Talking Logistics
JULY 29, 2022
It’s the last Friday in July and I’ve yet to go to the beach. Well, I did visit a beach in Iceland, but the water was way too cold for my Cuban blood (and probably Icelandic blood too), and there were signs everywhere warning about “sneaker waves” that can pull you out to sea. This. Read more Above the Fold: Supply Chain Logistics News (July 29, 2022).
Supply Chain Brief brings together the best content for supply chain and logistic professionals from the widest variety of industry thought leaders.
Logistics Viewpoints
JULY 26, 2022
Supply chains have experienced significant disruptions in the first half of 2022, from a global pandemic to wars, rising fuel costs, and a potential recession. Throughout the past six months, rates and capacity have been highly volatile as the industry deals with other ongoing challenges. The American Transportation Research Institute (ATRI) continues to rank driver shortages, driver retention, and the costs of extensive regulatory compliance on carrier operations as top concerns for carriers.
Logility
JULY 27, 2022
(Or a cautionary tale about cutting corners.) Are you helping your teenagers with their SAT preparation? Here is a good test question: You have two customers 300 miles apart. Customer A has 600 units of demand and Customer B has 300 units of demand. Where is the best place to put a distribution center? What is your answer?
ToolsGroup
JULY 26, 2022
Prestigious award presented by Microsoft at the Inspire event. Milan, July 27 , 2022 – ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, is proud to announce it has been awarded Microsoft Italy’s Best Independent Software Vendor Partner Award for the second year in a row. It was announced at Inspire 2022, the annual event dedicated to the Microsoft partners ecosystem.
DELMIA Quintiq
JULY 25, 2022
The CPG-R industry is still learning how to deal with disruption. Now, nearly three years from the start of the pandemic, it is clear that variability in supply and demand will continue to test the resiliency and agility of extended supply chains around the globe. Hoping for a return to any sort of “normal” stability is not an effective strategy for maintaining business operations in a sustainable and efficient manner.
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.
Logistics Viewpoints
JULY 25, 2022
Nathan Sanders, CEO of Brook Furniture Retail. When you think about digital transformation, you probably think of multinational giants like McDonald’s or Sephora. But it’s the small to midsize companies that often reap the most rewards from such transformation. Case in point: Brook Furniture Rental has invested in new technologies to undertake a true digital evolution, significantly improving customer service and reducing operational costs along the way.
Logility
JULY 26, 2022
Supply chain design is no longer the ‘create it, set it, and walk away’ exercise that it once was. The acceleration of e-commerce, impact of shortages, and ever-evolving shifts in customer demand and economic realities require a framework that is flexible enough to change under the best of conditions as well as the worst. In his article featured on SupplyChainBrain, Steve Johanson, senior vice president and industry principal at Logility, insightfully explains why supply chains need a more fluid
Enterra Insights
JULY 27, 2022
Thanks to the pandemic there has been a significant paradigm shift in the retail sector. That shift, according to Ilias Simpson (@IliasSimpson), CEO at Radial, involved a "transformation of omnichannel buying behavior."
Arkieva
JULY 27, 2022
Whether you are a manufacturer, retailer or distributor, inventory is likely one of your largest assets – after cash of course. Managing this asset takes a cross-functional team, all (hopefully) moving in the same direction. Weak management of the inventory process results in a porous supply chain. How to Have a Serious Conversation About Inventory was first posted on July 27, 2022 at 7:53 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial
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
Logistics Viewpoints
JULY 29, 2022
Toy companies are always looking for the next big thing. And for Mattel, that next big thing might be Space X. Mattel inked a multiyear deal with Elon Musk’s SpaceX to create a line of toys inspired by the space venture, the companies announced Wednesday. “As space exploration advances more quickly than ever before, we are thrilled to work with SpaceX and help spark limitless play patterns for the space explorer in every kid,” said Nick Karamanos, Mattel’s senior vice president of entertainment
ivalua
JULY 27, 2022
The post Ivalua’s Procurement & Supply Chain Summer Reading List appeared first on Ivalua.
Enterra Insights
JULY 25, 2022
The Digital Age is all about connectivity and so is the emergence of the digital supply chain. Consumers expect to be connected to retailers. Retailers expect to be connected to manufacturers. Manufacturers expect to be connected to suppliers. And all of them expect to be connected to logistics providers transporting goods to and from various supply chain nodes.
Supply Chain Brain
JULY 25, 2022
The water levels in a crucial waterway in Europe’s economic heartland are running dangerously low in the region's searing heat, posing another risk to global supply chains.
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
SCMDOJO
JULY 28, 2022
The purchasing department purchases different types of goods and services. However, when you buy something, you may not always know all the suppliers that offer a particular product. Then the Supplier registration form comes in handy. You probably only know a handful of providers. This means that every time you host a sourcing event, the same suppliers bid on the same products at the same prices.
SYSPRO Smarter ERP
JULY 26, 2022
Can specialist ISV solutions solve unique business challenges faced today? Spurs in consumer demand, rising globalization and the dependence on fragile global supply chains are changing the manufacturing landscape as we know it. While navigating these challenges, businesses are expected to produce higher return of capital than their competitors or face the risk of redundancy.
Procurement Academy
JULY 29, 2022
The summer of 2022 will be remembered for many things, from soaring temperatures to an unforgettable Women’s Euro championship. However, for supply chain professionals, it will also be remembered as a summer of environmental, social and governance (ESG) legislation. Legislation coming into play. Last year, Germany passed its Act on Corporate Due Diligence Obligations in Supply Chains.
Supply Chain Brain
JULY 25, 2022
Sanctions imposed on Russia for its invasion of Ukraine are having an undeniable impact on global supply chains, but individual companies might have a hard time determining precisely how they’re affected.
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.
SCMDOJO
JULY 29, 2022
Economic order quantity is one of the “most commonly used inventory-control techniques”. The objectives and advantages of Economic Order Qty (EOQ) are to minimize inventory carrying costs and ordering costs while simultaneously limiting the probability of stock out to avoid any lost sales or customer loss. Like safety stock calculations , EOQ is one of the most important equations in supply chain planning.
IT Supply Chain
JULY 29, 2022
By Sam Linford (pictured). AVP EMEA Channels at Deep Instinct. The post US federal court system still suffering from prolonged impacts caused by a cyberattack appeared first on IT Supply Chain.
ThroughPut
JULY 24, 2022
The retail industry has been witnessing unending turmoil over the last couple of years by way of a series of challenges – ranging from shifts in purchasing habits and consumer demands to the vagaries of a relentless global pandemic that continues to trigger seismic upheavals. In 2020, the strongest players started rethinking their planning strategies.
Supply Chain Brain
JULY 25, 2022
The pandemic has put unprecedented strain on global supply chains— and also on the workers who’ve kept those systems running under tough conditions. It looks like many of them have had enough.
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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.
QAD
JULY 28, 2022
Quistem’s Cathy Fisher and I are having the best time co-hosting the Auto Supply Chain Prophets podcast. And we’re thrilled to share that with our 10 th episode, we have also recently reached 1,000 downloads — we’re delighted to have so many new followers and listeners! It encourages us to continue meeting with automotive industry experts about supply chain issues that resonate with so many listeners.
IT Supply Chain
JULY 27, 2022
By Ron de Bos (pictured). Director Product Management - Payments, Digital River. The post Consumers struggling to keep up with buy now, pay later schemes appeared first on IT Supply Chain.
All Things Supply Chain
JULY 29, 2022
Grain exports from Ukraine may resume ‘within days’ Ukraine has announced that the first set of vessels loaded with grain could be leaving the Black Sea ports in a matter…
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