Sat.Nov 13, 2021 - Fri.Nov 19, 2021

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Is your freight invoice accurate? A new study claims it might not be.

The Logistics & Supply Chain Management Society

Shipping freight across the world is a complex matter. But what is even more complicated is freight billing and handling freight payments: what a cargo owner is initially quoted is often different from what he later is asked to pay. A recent study claims that as much as 20% of invoices are incorrect, making billing accuracy a significant industry problem.

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Supply Chain Visibility in Foggy Times

Enterra Insights

In military operations, there is a notion called “the fog of war.” The concept is often traced back to Carl von Clausewitz, a Prussian general and military theorist, who wrote, “War is the realm of uncertainty; three quarters of the factors on which action in war is based are wrapped in a fog of greater or lesser uncertainty. A sensitive and discriminating judgment is called for; a skilled intelligence to scent out the truth.” As supply chains have grown more complex, the

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It’s Easy to Migrate to the Cloud

Arena Solutions

Cloud solutions are simplifying virtually every aspect of how businesses and consumers access information and collaborate. In the world of manufacturing, companies that need to design, produce, and deliver sophisticated products to market need to ensure their internal and external suppliers are always on the same page. When it comes to new product development (NPD) and new product introduction (NPI) , companies today need a single source of product truth that enables all teams to collaborate in

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Transform Life Sciences Manufacturing & Operations with a Digital Lean Approach

DELMIA Quintiq

Executing lean concepts in Pharma, Biopharma and Medical Devices is critical to maintain and improve efficiency, quality, regulatory compliance and productivity. With the increasing speed and development of drugs and new devices, manufacturing, quality and labs face potential disruptions from new materials, equipment and manufacturing processes on a continuous basis.

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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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Cracking the Code for AI in the DC

Logistics Viewpoints

There’s a new reason to optimize DC operations, and it’s bigger than the old reasons of productivity and efficiency gains. More and more companies are realizing that investing in their DCs and powering them with modern and sophisticated technologies like AI can lead to competitive advantages for the overall company. This quest to master distribution has risen to the top of the list because customers (whether consumers or businesses) are demanding performance like never before.

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More Trending

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Peak Shipping Season Update: What’s Driving Change in the Industry?

GlobalTranz

The long and unpredictable peak shipping season continues to challenge supply chains. A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond. Approximately 73% of respondents cited progress in omnichannel improvements over the past year, but express cautious optimism for their company's supply chain and capacity. 94% of supply

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Developing an Agile Supply Chain Workforce for the Future

The Network Effect

The post Developing an Agile Supply Chain Workforce for the Future appeared first on The Network Effect.

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The 2021 Holiday Logistics Guide

Logistics Viewpoints

Halloween is in the rearview mirror and Black Friday is on the horizon. As such, retailers and logistics providers are gearing up for the annual holiday logistics crunch. The National Retail Federation (NRF) has forecast that holiday sales during November and December will grow between 8.5 percent and 10.5 percent over 2020 to between $843.4 billion and $859 billion.

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A Conversation with Stuart Whiting, Schneider Electric

The Logistics & Supply Chain Management Society

We are pleased to continue our 2021 fire-side chat series with key people in the supply chain industry, and it is with particular pleasure to catch up with Stuart Whiting, Senior Vice President, Global Supply Chain, Logistics & Planning at Schneider Electric, based in Singapore but with a global functional responsibility. Stuart is a British national, married with three children.

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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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Editor’s Pick: Status of On-Demand Trucking

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. This post from Kuebix’s blog discusses the factors driving on-demand trucking and how it works. On-demand trucking is the process of finding.

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A New Model for Grocery Delivery with Sean Coakley

The Logistics of Logistics

A New Model for Grocery Delivery with Sean Coakley. Sean Coakley and Joe Lynch discuss a new model for grocery delivery. Sean is the Chief Commercial Officer of Capstone Logistics , a leading provider of technology-enabled warehouse services, freight management, and last mile distribution solutions. About Sean Coakley. Sean Coakley is the Chief Commercial Officer of Capstone Logistics , a leading provider of technology-enabled warehouse services, freight management, and last mile distribution so

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Walmart in a World on Fire

Logistics Viewpoints

Walmart has used TMS to both save money and reduce carbon emissions. Last year, Rebecca Henderson’s, Reimagining Capitalism in a World on Fire , was on the short list for Financial Times and McKinsey Business Book of the Year Award. The premise of the book by this Harvard business professor is that capitalism is making our society increasing unstable as the middle class’s income is being reduced while the wealthy are becoming ever richer.

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Analyze and Manage the Impact of Pricing and Promotion on Inventory

Logility

Br idge the gap between marketing activity and inventory management with a better understanding of the impact of pricing and promotion on inventory. In most companies, a gap exists between Marketing and Operations – a communications gap that you’ll want to avoid ‘stepping into’, if you’ll excuse the pun. Brands frequently use price as a lever to achieve strategic and tactical goals.

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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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Navigating the Wave of Ocean Shipping Constraints

Talking Logistics

Trucking has traditionally gotten the lion’s share of attention in transportation, but the pandemic-related disruptions to global supply chains, particularly the congestion at ocean ports with dozens of ships waiting offshore to unload, is causing companies to take a new look at their ocean shipping strategies. How are companies navigating through this challenging environment, both.

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The Supply Chain is Suffering Labor Pains

Enterra Insights

Suffering through labor pains normally results in a bundle of joy. Currently, however, the supply chain, like many other economic areas, is suffering from a different kind of labor pain — a pain unlikely to result in much joy unless companies can attract a new generation of supply chain professionals. Robert J. Bowman, Managing Editor of SupplyChainBrain, states the problem succinctly, “The supply chain needs people.

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This Week in Logistics News (November 13 – 19)

Logistics Viewpoints

Today is Happy Friday – because every Friday is a happy day. Did you know that ARC’s Digital Transformation Forum is less than 3 months away? This 26th Annual ARC Industry Forum will be a hybrid event, in person in Orlando, Florida on February 14-17 and online March 7-10. Last year’s supply chain program include two days of sessions by practitioners – executives from companies like Ahold Delhaize, AGCO, and Radwell International– on the real-world problems associated with the digital transformat

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The Technology You Need for a Sustainable Supply Chain

Logility

Your ERP system is not the right technology for a sustainable supply chain. Key takeaways: A digital supply chain platform is essential for a sustainable supply chain. While your ERP may run your internal business, it’s not the right choice for the complex tasks a sustainable supply chain requires. A purpose-built digital supply chain platform provides the data, visibility, and analysis needed for accountability all the way through the supply chain.

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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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Above the Fold: Supply Chain Logistics News (November 19, 2021)

Talking Logistics

If supply chain stories appearing on the front page of the Wall Street Journal and other newspapers isn’t proof enough that the industry has gone mainstream, then here is Exhibit B: You know supply chain and logistics have reached broad awareness when even The Onion does a post about it! Moving on, here are some. Read more Above the Fold: Supply Chain Logistics News (November 19, 2021).

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Despite green pledges, less than a quarter of organisations monitor suppliers on carbon emissions

ivalua

Many organisations vowed to reach net zero during COP26, but suppliers say there is a lack of collaboration on green initiatives. London, UK – 18 th November 2021 – Research from Ivalua , a leading global spend management cloud provider , has revealed that very few European suppliers are being regularly assessed on sustainability practices, with less than a quarter (24%) being measured routinely on carbon emissions.

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The State Of The Industry with George Abernathy

The Logistics of Logistics

The State Of The Industry with George Abernathy. George Abernathy and Joe Lynch discuss the state of the industry. George is the President of Emerge , one of the fastest-growing startups in the U.S. that is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. About George Abernathy. George Abernathy , Emerge President and Board Member, has more than 30 years of supply chain and technology experience.

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American Software Reports Second Quarter of Fiscal Year 2022 Results

Logility

Return to Double-Digit Revenue Growth Driven by Continued Strong Growth in Subscription Fees. ATLANTA (November 18, 2021) American Software, Inc. (NASDAQ: AMSWA) today reported preliminary financial results for the second quarter of fiscal year 2022. Key Second Quarter Financial Highlights: Subscription fees were $10.4 million for the quarter ended October 31, 2021, a 49% increase compared to $7.0 million for the same period last year and software license revenues were up slightly to $0.8 millio

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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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LogiSYM Supply Chain Magazine – November 2021

The Logistics & Supply Chain Management Society

STEPPING UP CAPABILITIES WITH INDUSTRY 4.0 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. Download the latest LogiSYM Supply Chain Magazine now!

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Brand Loyalty: Does It Matter?

Enterra Insights

How important is customer loyalty? Business consultant Jeffrey Gitomer ( @gitomer ) insists, “Customer satisfaction is worthless. Customer loyalty is priceless.”[1] On the other hand, A.G. Lafley, former CEO of Procter & Gamble, and Roger L. Martin ( @RogerLMartin ), former dean of the Rotman School of Management at the University of Toronto, assert, “Customer loyalty is overrated.”[2] Although those positions may appear to be mutually exclusive, Lafley and Martin go

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REPOST: 3PL Basics: An Introduction to 3rd Party Logistics with Roberto Cadena

The Logistics of Logistics

3PL Basics: An Introduction to 3rd Party Logistics with Roberto Cadena. Robert Cadena and Joe Lynch provide an introduction to 3rd party logistics. 3rd party logistics services include 5 major categories: 1.) Transportation 2.) Warehousing 3.) Logistics 4.) Technology and 5.) Special Services. Robert is the Co-Founder and CEO of a company that provides operational, sales, marketing, and technology support to over 100 3PLs, so he has a very thorough understanding of the business.

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Top 10 Year-end Tips For Your Supply Chain

Enchange Supply Chain Consultancy

The Enchange Supply Chain House ; the one-stop shop for all of the elements you need to achieve supply chain excellence.

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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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Watch: Supply Chain Congestion: A Golden Opportunity for Hackers

Supply Chain Brain

Kayne McGladrey, senior member of IEEE, offers valuable tips on how supply chains can shore up their cybersecurity at a time when threats from hackers are greater than ever.

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Despite green pledges, less than a quarter of organisations monitor suppliers on carbon emissions

ivalua

Many organisations vowed to reach net zero during COP26, but suppliers say there is a lack of collaboration on green initiatives. London, UK – 18 th November 2021 – Research from Ivalua , a leading global spend management cloud provider , has revealed that very few European suppliers are being regularly assessed on sustainability practices, with less than a quarter (24%) being measured routinely on carbon emissions.

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The 3 ways serial tracking saves the electronics industry money

Unleashed

Serial number tracking – if you’re not doing you probably need to. For the electronics industry in particular serial tracking is crucial: with small expensive parts, and after-sales service often critical (and time-consuming), it’s important that you know exactly what components you – and your customers, have on hand. These are the 3 main reasons digital serial number tracking is now considered standard best practice for the electronics industry 1.