Tue.Mar 12, 2024

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How to Improve Forecast Accuracy

Arkieva

Forecast accuracy is at the top of the list of things that help a business plan better for the future. This blog previews how to improve forecast accuracy. How to Improve Forecast Accuracy was first posted on March 12, 2024 at 8:19 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement.

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Supply Chain Transparency and Traceability in the Fashion Sector

Supply Chain Brain

To meet changing consumer expectations and comply with new sustainability laws, traceability in the fashion and apparel supply chain is key.

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The Future of Contactless Delivery: Integrating AI with Dock Scheduling

C3 Solutions

Explore how AI enhances dock scheduling for efficient, contactless delivery in logistics, driving operational excellence and customer satisfaction

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Integrated Demand and Supply Planning: The Key to Success for CPG, F&B and Life Sciences Manufacturers

BlueYonder

Manufacturers of consumer products — including packaged goods, food and beverages, and life sciences — face both opportunities and challenges. Product sales figures are on the rise, with the consumer packaged goods (CPG) sector realizing 10% growth in 2023. But much of this growth can be attributed to price increases. Consumer companies also need to achieve volume growth.

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Embedding BI: Architectural Considerations and Technical Requirements

While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

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The Pharmacy Leader’s Roadmap to DSCSA Compliance

Tecsys

Discover the roadmap to DSCSA compliance for pharmacy leaders, debunking myths, addressing challenges, and highlighting future solutions for a secure pharmaceutical supply chain.

More Trending

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March 12, 2024 Update

Freightos

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. More Resources Home March 12, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

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3 Steps to Boost FMCG Sales

Enchange Supply Chain Consultancy

A few months ago, I hurt my knee whilst running. It was a rather tame event but my knee was clearly injured. Failing to heal over the next few days I decided to visit an Osteopath who specialises in sports injuries. He informed me that I had an unstable knee with poor muscle development to support it. This came as a great surprise as I exercise every day and consider myself to be fit – I’ve been doing triathlons for over 16 years, for example.

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Beyond Go-Live: Navigating the Post-Implementation Journey

Talking Logistics

On the surface, parenting and implementing logistics technology are two very different tasks, ones that have no overlap. I have been implementing logistics technology for over 25 years, with countless “Go-Lives” under my belt, and for 16 of those years, I have been a parent with three “Go-Lives” of my own. With those experiences as. Read more The post Beyond Go-Live: Navigating the Post-Implementation Journey appeared first on Talking Logistics with Adrian Gonzalez.

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Will Lawsuits Limit the Value of Generative AI?

Enterra Insights

For the most part, scientists and researchers have been waiting with bated breath for the creation of artificial intelligence (AI) systems that can help them make new discoveries, create new materials, and move in new directions. As technologist Anirudh Mantha writes, “The rise of superhuman AI … could revolutionize content creation, code generation, and scientific discovery.”[1] At conference held last fall in Bellevue, WA, futurist Ray Kurzweil doubled down on his prediction that the singular

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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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Watch: How Marketers Can Build Trust in Their Brand

Supply Chain Brain

Georgia Wraight, a strategic executive leader and former executive with Covetrus and The Rockport Group, discusses the importance of brand today, and shares tips on building brand trust for all stakeholders.

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FIFO Fundamentals Critical for Inventory Management & Business Success

RFgen

In inventory management, the FIFO (First-In, First-Out) method takes center stage, offering a performance of unmatched clarity and efficiency in the world of stock control. Imagine your inventory as a flowing river, where the oldest water—your earliest products—moves forward to be used first, ensuring nothing stagnates or loses its relevance. This inventory strategy mirrors the natural consumption and sales pattern, making sure that businesses can keep pace with demand.

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Pirates Board Commodity Ship Off the Coast of Somalia

Supply Chain Brain

The attack is the most recent sign of a fresh bout of Somali piracy in the Indian Ocean, coinciding with a slew of attacks on merchant shipping in the Gulf of Aden and the Red Sea.

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Unlocking Competitive Advantage With Future Skills: The Power of Cost Optimization

Procurement Academy

What is strategic cost management? In brief, strategic cost management is implementing effective cost optimization strategies that lead to improved profitability, operational efficiency, and resource allocation. It’s an approach that many businesses need. After all, from global economic uncertainty and shifting consumer preferences to regulatory changes, the pressure to stay competitive while maximizing profitability has never been more intense.

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How to Leverage AI for Actionable Insights in BI, Data, and Analytics

In the rapidly-evolving world of embedded analytics and business intelligence, one important question has emerged at the forefront: How can you leverage artificial intelligence (AI) to enhance your application’s analytics capabilities? Imagine having an AI tool that answers your user’s questions with a deep understanding of the context in their business and applications, nuances of their industry, and unique challenges they face.

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AI-Powered Dynamic Slotting Drives Warehouse Optimization

Supply Chain Brain

Slotting has a significant impact on all the warehouse key performance indicators – productivity, shipping accuracy, inventory accuracy, warehouse order cycle time, and storage density. Yet, typical warehouses have less than a third of items located in optimal locations.

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Logistics Partnership Success: Caliber.global & MercuryGate

MercuryGate

A quest for global growth brought Caliber.global face-to-face with operational challenges, particularly integrating a sophisticated TMS with its Tract® platform. The strategic network changes underscored the need for a robust TMS solution to manage shipments across multiple modalities and geographies. The post Logistics Partnership Success: Caliber.global & MercuryGate appeared first on MercuryGate International.

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Data Is Environmentally Dirty. What to Do?

Supply Chain Brain

Now that data is mostly out there, in the cloud, it seems easy to imagine that it’s “clean.” Time to think again.

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Keep These 6 Geopolitical Supply Chain Risks on Your Radar in 2024

Resilinc

Discover the top geopolitical risks set to affect the global supply chain this year. In 2023—if it wasn’t already—geopolitics became top of mind for every procurement professional. With the ongoing war between Russia and Ukraine, the Israel-Hamas War, and the crisis in the Red Sea, the shockwaves these conflicts sent throughout their nations and the world have been felt everywhere—especially in the supply chain.

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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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China’s Xiaomi to Start Electric Car Sales

Supply Chain Brain

The smartphone giant has said it will invest $10 billion in its vehicles business over the next 10 years.

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United CEO Tells Boeing to Stop Making Its Long-Delayed Max 10s

Supply Chain Brain

The plane’s certification, expected this year, has been pushed back indefinitely as Boeing addresses issues in its factory.

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Boeing Woes Continue as Issues Mount and Rival Airbus Widens Lead in Orders

Supply Chain Brain

A rough start to the year for Boeing has only gotten worse as the company continues to hit hurdles.

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Chinese Crane Maker Refutes U.S. Cybersecurity Concerns

Supply Chain Brain

The Biden administration recently announced it would replace the nation’s Chinese-built port cranes with Japanese ones.

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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.