How to Optimize Your Profit and Loss with a Demand Driven Supply Network
The Network Effect
JULY 22, 2021
The post How to Optimize Your Profit and Loss with a Demand Driven Supply Network appeared first on The Network Effect.
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Reasons your supply chain can’t afford to wait: agility, resiliency & sustainability
IT Supply Chain
JULY 22, 2021
By Polly Mitchell-Guthrie (pictured). VP of Industry Outreach & Thought Leadership, Kinaxis. The post Reasons your supply chain can’t afford to wait: agility, resiliency & sustainability appeared first on IT Supply Chain.
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Tata Steel Europe’s Connected Planning Journey
Logistics Viewpoints
JULY 19, 2021
Tata Steel Europe Plant in Wales. The steel industry is not easy. A ton of steel can cost as little as $700. A pound of apples costs about the same as a pound of steel, yet steel is a complex product produced using high-tech metallurgical and manufacturing processes. Even before the pandemic the global steel industry was navigating significant disruptions that included steep price competition (China has been investigated numerous times for dumping), soft demand, and tariff issues.
The Shipping Container Impact on Inflation
Freightos
JULY 22, 2021
If you were building a house in 2021, things got rough. The cost of lumber skyrocketed from $354 / 1000 board feet in May 2020 up to $1,683 in May 2021 1. And even if you weren’t building a house, you likely felt the same problem echoed across patio furniture, gym gear, and more. Yes, unprecedented consumer demand, and ample money to spend, have continued to push prices and inflation indicators up.
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.
The Problem with Forecast-Driven Supply Chain Planning
AIMMS
JULY 21, 2021
The post The Problem with Forecast-Driven Supply Chain Planning appeared first on AIMMS.
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5 Recommendations towards a Resilient S&OP
Logistics Viewpoints
JULY 22, 2021
Sales & Operations Planning (S&OP) as a process has been around since the 1980’s. While the terminology evolved, the underlying thesis of S&OP has stayed the same, i.e., bridge the divide between sales forecasts and operational plans while respecting the budget. In general, S&OP consists of a New product review, Demand Review, Supply Review, Management Review and some level of reconciliation between these steps.
Above the Fold: Supply Chain Logistics News (July 23, 2021)
Talking Logistics
JULY 23, 2021
I went for a 42-mile bike ride yesterday morning, part of my Logistics Leaders for T1D Cure cycling team training. At mile 16, I learned that Uber Freight is acquiring Transplace (a Talking Logistics sponsor). It gave me something to think about the rest of the way. Before sharing my initial thoughts, here’s the other. Read more Above the Fold: Supply Chain Logistics News (July 23, 2021).
FMCG Distribution: Producer & Distributor Route Planning Chaos
Enchange Supply Chain Consultancy
JULY 23, 2021
As a general rule, buildings are usually numbered in a structured, sequential way. Numbering usually commences with building 1 at the end of the road which is closest to the city or town centre. Odd numbers on the left and even numbers on the right increase until the end of the road or where the road changes names. Simple.
Classical Supply Chain Management Confronts its Quantum Revolution – the Path to Rapid Intelligent Response (RIR)
Arkieva
JULY 22, 2021
COVID-19 direct and ancillary events have made clear that uncertainty is an inherent part of the demand-supply network structure. Every firm, on a regular basis, faces “risk situations such as manufacturing excursion, unexpected new demand or loss of demand, component supplier interruption, etc. This has placed risk management and rapid intelligent response (RIR) front and center in SCM discussions.
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.
Top 18 Business Acumen Skills You Should Master
SCMDOJO
JULY 18, 2021
How do you attain the skills required for success in your current job and future career? A trustworthy approach to getting career advancement or growing your business is to acquire business acumen skills. Industry or sector is less relevant when it comes to these skills, as they get the most significant business running effectively. It. Continue reading.
Supply Chain Blind Spots: Where They Occur, and How to Deal With Them
Supply Chain Brain
JULY 21, 2021
Global supply chains frequently encounter blind spots, such as failing to anticipate trade disruptions and supplier risk. The result is significant challenges for manufacturers and their customers, which neither can afford.
How IT Service Providers Can Prove Their Worth To Potential Clients
IT Supply Chain
JULY 21, 2021
By Jessica Sweet (pictured). Content Writer at makeLifeSweeter.com. The post How IT Service Providers Can Prove Their Worth To Potential Clients appeared first on IT Supply Chain.
Businesses need to listen to what is going on around Working forms.
Prophetic Technology
JULY 19, 2021
Europe has always set the path to innovative forms of Working , creating entirely new categories of jobs; they are at the front of human rights rules, preventing the worker from exploitation by their employers, a practice that continues these days. In addition, they experimented with different forms of business ownership, with a state - owned enterprise ( SOE ) formed by the government to participate in commercial activities and corporate structures that require businesses to consider their empl
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
Small Business Cost Cutting: A Short Guide!
Supply Chain Game Changer
JULY 23, 2021
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Cost Cutting! Brute Force or An Intelligent Program? Small business cost cutting article and permission to publish here provided by Carol Trehearn. When it comes to cost-cutting in smaller businesses, you need to think very carefully. Not just because one bad investment could put your business in extreme difficulty, but also because you need to figure out what is a good deal or a bad deal pretty much on your own.
Watch: Why Slavery in Supply Chains Grew During the Pandemic
Supply Chain Brain
JULY 19, 2021
Ingrid Verschuren, head of data strategy with Dow Jones, reveals the findings of research showing a surge in modern slavery during the lockdown prompted by the COVID-19 pandemic.
Consumer confidence doesn’t mean brands should get complacent
IT Supply Chain
JULY 23, 2021
By Brian Atkinson (pictured). Vice President & General Manager EMEA, Five9. The post Consumer confidence doesn’t mean brands should get complacent appeared first on IT Supply Chain.
Embracing Smart Automation is a Win-Win
Americold
JULY 22, 2021
Automation is by no means a new concept. The word – and its execution origin – date back to the days of Henry Ford. Early automation consisted of using machines to perform relatively easy and repetitive tasks on a production line. [i] Today though, automation expands beyond manufacturing with physical advancements and incorporation of artificial intelligence.
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
5 Important Uses of Technology in Modern Teaching and Learning!
Supply Chain Game Changer
JULY 22, 2021
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Screen Time! Is That Enough To Be Good In Supply Chain? Modern teaching and learning article and permission to publish here provided by Elaine Bennett. Technology is revolutionizing the modern classroom, but also the educational sector as a whole. The COVID-19 pandemic has sped up and popularized a trend that has been on the rise for years with the advancement of digital technologies and online learning, and nowadays it seems
Building Resiliency Through Supply Chain Visibility
Supply Chain Brain
JULY 21, 2021
A pandemic. A cargo ship catastrophe in the Suez Canal. Shortages across industries. Since we can expect disruption to be a constant part of supply chain management, organizations need to build resilient supply chains that are ready for anything.
How to rid the negative thoughts & follow five simple steps to start your own business
IT Supply Chain
JULY 20, 2021
By Michelle Bisset (pictured). VP Small Business Segment, Sage. The post How to rid the negative thoughts & follow five simple steps to start your own business appeared first on IT Supply Chain.
Evans Distribution Systems Named Top 100 3PL for 19 Consecutive Years
3PL Insights
JULY 19, 2021
MELVINDALE, Mich. July 19, 2021 — Evans Distribution Systems, a third-party logistics provider, has been recognized as a “Top 100 3PL Provider” by Inbound Logistics for the 19th consecutive year. This recognition is an indication to our customers and our employees that Evans continues to provide innovative 3PL services at the highest level of quality and care.
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.
Best Cybersecurity Tips to Secure Your ECommerce Store!
Supply Chain Game Changer
JULY 23, 2021
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Understanding and Preventing Retail Cyber Attacks! ECommerce store article and permission to publish here provided by Laura Jones. The world of ecommerce is a minefield, and cybersecurity should be at the forefront of your mind when you’re designing or setting up an online store.
How to effectively manage the cost of supply chain disruptions
Supply Chain Brain
JULY 21, 2021
Manufacturers across the globe experience difficulties ranging from quality and sustainability, risk mitigation and customer expectations as a result of the global pandemic. Join us for a roundtable discussion on best practices and how to anticipate the next disruption in your supply chain.
ONS retail figures: are pre-pandemic retail levels here to stay?
IT Supply Chain
JULY 23, 2021
By Melissa Minkow (pictured). Retail Industry Lead, CI&T. The post ONS retail figures: are pre-pandemic retail levels here to stay? appeared first on IT Supply Chain.
2021: A Year of Strength, Innovation and Resilience
3PL Insights
JULY 19, 2021
The Council of Supply Chain Management Professionals (CSCMP) has released its Annual State of Logistics Report for 2021. This report is an overview of the state of the supply chain industry and its future direction. We have summarized the CSCMP report with our key takeaways. Download this whitepaper to see the trends that will have the biggest impact on the supply chain over the next year.
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.
6 Critical Supply Chain KPIs!
Supply Chain Game Changer
JULY 21, 2021
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Product Management KPIs! Get Our EBOOK HERE. Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. Supply chain key performance indicators and metrics are ways in which someone can quantify the performance of their company’s supply chain to gain a better understanding of its strengths and weaknesses.
Driving Down Supply Chain Emissions Before Carbon Taxes Hit
Supply Chain Brain
JULY 18, 2021
With help from satellite data and machine learning, organizations can calculate and monitor their supply chain carbon emissions.
Collaborative Shipping Exception Management Brings Parties Together for Efficient Handling
Turvo
JULY 20, 2021
For most shipping managers today, the two most significant challenges involve addressing shipping exceptions and overcoming supply chain disruptions. Identifying, addressing, and overcoming exceptions within the shipping network chain is essential for maintaining effective handling and processing. But what does it mean? . According to Supply Chain 24/7 , “Exception management means knowing how to respond when to respond, and the best way to respond, to eliminate the risk of disruption, an
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