Thu.Nov 09, 2023

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10 Inventory Control Techniques That Are Evergreen

SCMDOJO

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. With effective inventory control templates, you can maintain an accurate record of your products, including their quantities, dimensions, location, and weight. The primary goal of inventory control is to reduce the costs associated with holding stock.

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Definitions Matter

Supply Chain Shaman

In my writing, I try to get clear on definitions. The supply chain space is heavily laden with acronyms, gobbledygook, false narratives, and over-hyped, fast-talking technology sales teams. Let’s take an example. This is a post from LinkedIn today. “At the Digital Supply Chain event at SAP. First great insight from John McNiff: digital mature companies have lower DIO, IBP supports them!

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Heura Uses ToolsGroup for Digital Supply Chain Transformation to Support Global Expansion

ToolsGroup

With ToolsGroup’s AI-powered demand forecasting, the plant-based food innovator revolutionizes its supply chain, maximizing accuracy, speed, and business performance. BOSTON – November 9, 2023 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is proud to announce it has been selected by Heura , a leader in next generation plant-based meat production, to help the company achieve the planning speed and accuracy necessary to transform its supply operation

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Top Three Takeaways From the Snowflake Data Cloud World Tour

BlueYonder

Recently, I had the privilege of attending the Snowflake Data Cloud World Tour in sunny Santa Clara, California, which left me feeling inspired and invigorated. The Snowflake Data Cloud World Tour serves as a platform for discovering how to use and collaborate with data in unimaginable ways. Through its diverse range of sessions, demonstrations, and networking opportunities, the conference empowers attendees with the knowledge and tools needed to unlock the full potential of their data, enabling

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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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Podcast | On the Journey Toward Supply Chain Digitization

Supply Chain Brain

Setting out on the journey to digitize your supply chain? It’s a long and winding road.

More Trending

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Crisp Team Spotlight: Celestial Minto

crisp

We’re illuminating Celestial’s 20-year journey in the world of Electronic Data Interchange (EDI) where her passions for learning and problem-solving shine brightly. Meet Celestial Role : EDI Integration Specialist Lives in: Toronto, Ontario, Canada Favorite grocery store product: Rocky Road ice cream Meet Celestial, Crisp’s dedicated EDI Integration Specialist, who, originally from the Philippines, calls the vibrant city of Toronto home.

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Navigating the Chilled Maze: Demystifying Cold Supply Chain Logistics

Loginext

This article provides an analysis of the cold supply chain logistics market. It includes the key findings of the cold supply chain logistics market, the factors that are expected to have the greatest impact on the market, and the major challenges faced by the market. Also, learn how TMS solutions can help tackle these challenges. The post Navigating the Chilled Maze: Demystifying Cold Supply Chain Logistics appeared first on loginextsolutions.com.

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Supply Chain by the Numbers for November 9, 2023

Supply Chain Digest

Supply Chain Pressure at Record Lows. Amazon Top Global Logistics Company. Maersk with Big Layoffs as Rates Collapse.

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5 Myths of Making Robots Work with People

Logistics Viewpoints

Robotics and automation in the warehouse continue to be a growing trend, with a recent study estimating that the warehouse robotics market is expected to reach USD 23. 09 billion by 2027 and grow at a rate of 15. 33% annually from 2022-2027. But there is still much to learn. As autonomous mobile robots ( AMRs ) find their place in the DC, there is much promise in terms of benefits to derive, but your challenge is to coordinate and optimize the tasks of humans and their robotic coworkers by allev

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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

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Supply Chain Graphic of the Week on A New Metric Changes Perception of State of Global Trade

Supply Chain Digest

The Ton Kilometer Measure has Grown Significantly since 2008 while Traditional Metric is Flat

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The Changing Nature of Organizational Transformation

Enterra Insights

Even before the pandemic upended the world, the very nature of how organizations were transforming was changing. Back in 2019, just as the world was learning about the Coronavirus outbreak in China, Bain & Company analyst Pete Hultman and former Bain analyst Leonora Lesesne wrote, “In the past, running an organizational transformation was a bit like taking an international flight — challenging but familiar. … Today, running a change program is more like flying a spaceship to the

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U.S. to Build $553M Deep-Water Shipping Terminal in Sri Lanka

Supply Chain Brain

The Port of Colombo has been operating near its capacity since 2021, meaning the new terminal will enable the continued growth of economies located in the Bay of Bengal.

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The Rise of Remote Work: Tips and Tools

TrackVia

The concept of remote work has rapidly transitioned from an occasional perk to a fundamental component of the modern business landscape. This seismic shift, propelled by technological advancements and recent global events, has particularly impacted small and medium-sized enterprises (SMEs). Adapting to this change is crucial for businesses seeking to stay ahead in a world where flexibility and agility are key to success.

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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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Shelley Simpson Named WIT’s 2023 Influential Woman in Trucking

Supply Chain Brain

Simpson beat out Tori Blake (chief financial officer and co-owner of Western Logistics Express and WLX) and Megan Ferguson (vice president of End-to-End Delivery Acceleration for Walmart) for the award.

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Product Update, October 2023

Precoro

New document type: Service Order Last month we added a new document type for service orders. Unlike Purchase Order documents, which are used for tangible items, the Service Order is specifically designed for conveniently ordering utilities and services. This document type also gives you the option to spread out payments, such as breaking down an annual service into monthly charges.

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Flexport.org and CHOOOSE Develop Aviation Decarbonization Tool

Supply Chain Brain

The companies said that the feature will accelerate the decarbonization of air freight by allowing customers to purchase certificates that can be applied as direct reductions against Scope 3 emissions.

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5 Myths of Making Robots Work with People

Lucas

In conclusion, the use of autonomous mobile robots (AMRs) in warehouses holds great potential for various benefits.

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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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Truckload Demand Was Positive YoY for the First Time in Nine Months, Study Finds

Supply Chain Brain

LTL tonnage and shipment count are expected to maintain reduced overall levels through the end of 2023 and into 2024 following the shutdown of Yellow Corp.

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State of the 3PL Union 2024 Part 2

Supply Chain Digest

A Look at the Focus Topics

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Russia Expected to Lift Fuel Export Ban Soon

Supply Chain Brain

The Deputy Prime Minister said the country will continue its voluntary cut of 300,000 barrels per day of crude oil and petroleum products until the end of December 2023.

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NRF Forecasts Pre-Pandemic Level Holiday Spending

Supply Chain Matters

The National Retail Federation’s (NRF) 2023 November Economic Review released this week predicts what can likely be considered as pre-pandemic level of holiday sales spanning the November through December 2023 holiday period. Contrasted with last year’s especially strong 5.4 percent level of holiday spending, the current forecast calls for a range of between 3 percent and 4 percent over 2022 levels.

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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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How To Move Your Business Data To a New ERP System In a Risk-Free Way

Silvon Software

Thinking about replacing your current ERP system with a new, on-premise or cloud-based solution? It’s a significant endeavor, and it comes with its fair share of challenges. You have to deal with issues like time constraints, data quality, stakeholder support, potential regulatory concerns, and the expense of it all. But here’s the silver lining: this process also presents a golden opportunity to clean up your data act and improve your reporting and analysis at the same time.

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Introducing Miny – Generative AI in QAD Process Intelligence

QAD

Hello World Meet Miny, a digital assistant pioneering user ease and efficiency inside QAD Process Intelligence. True to our long-standing commitment to delivering fit-for-purpose enterprise solutions, the introduction of Generative AI in our process mining solution is more than AI for technology’s sake. Miny provides value by democratizing the power of process mining.