Wed.Sep 13, 2023

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High Performance Inventory: The Supply Chain Differentiator

ToolsGroup

Tired of the phrase “new normal” yet? Disruption lingers, consumer trends change, lead times stretch. It’s the typical supply chain refrain. So how can organizations face this new market landscape with confidence and a solid planning process? The key lies in high performance inventory. Forward-looking supply chain professionals understand that inventory is not an end in itself; it’s a means – to enhanced customer service, increased profitability, and greater efficiency.

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Demand Planning: Whipped And Chained by Tradition

Supply Chain Shaman

In a recent blog post, I was challenged by Anna. She wrote, “I have been working in the supply chain for 35 years, and we are still trying to solve the “demand” issue. Solving from a supply side seems to work for many companies I work with. Given your expertise, I’d love to hear what alternatives you recommend for better demand forecasting and real-time visibility beyond what’s commonly adopted today.” Anna, this blog post is for you.

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September 13, 2023 Update

Freightos

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. More Resources Home September 13, 2023 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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First Step on the Road to an AI-First Planning Environment

Logility

When Logility embarked upon the journey with AI-first planning and DemandAI+ we were on a mission to solve some very pertinent but complex set of problems. The founders had been in the enterprise software space and business planning space for decades and had come to the painful realization that technology was truly holding back this domain. The supply chain technology landscape was rife with decades old code; month/year long projects and IT integrators were the norm to make the tiniest changes i

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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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Data Exchange in Dock Scheduling Software: The Synergy of EDI and API

C3 Solutions

Managing complex supply chains is more of a strategy than only execution. While the execution has to be perfect now, with the higher-than-ever customer expectations and fierce competition, it has to be shaped through a robust supply chain and IT strategy. And data has to be the heart of such business strategies.

More Trending

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A Pause to the Rush of Life – Part 2

BlueYonder

September is Self-Care Awareness Month in the U.S., reminding us to time to remind us that taking care of ourselves is important. In honor of the month, Rahul Vyas, Ph.D., a Lead on Blue Yonder’s Learning & Development team, shares a follow-up to his National Relaxation Day blog on the role of relaxation when it comes to self-care and how other cultures view this practice.

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Watch: A Look at DOT's FLOW Data-Connection Initiative

Supply Chain Brain

Andrew Petrisin, supply chain advisor with the U.S. Department of Transportation, describes the role of the agency's Freight Logistics Optimization Works (FLOW) initiative.

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Pivot88 Joins Forces with TradeBeyond

Pivot88

TradeBeyond, the leader of extended supply chain management solutions for private label and branded merchandise, announced today that it has acquired Pivot88, the trusted SaaS provider of quality, compliance, and traceability solutions to brands and retailers around the world. Powered by Applied AI, Pivot88’s platform enables a 360-degree view of products from cradle to grave, equipping retail businesses with actionable supply chain data to mitigate risk.

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Threatened UAW Strike Could Cause ‘Turmoil’ in Entire Auto Supply Chain

Supply Chain Brain

The strike deadline set by the United Auto Workers union, which is negotiating with the so-called Detroit Three automakers is September 14, a minute before midnight.

Detroit 96
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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 considerations when taking back a PFI

Proxima

With many PFIs set to expire, we take a look at the steps to tackle this shift According to government data, there are over 700 Private Finance Initiatives (PFIs), and the majority will expire in 2025. Why should this be big news? Quite simply, because we are talking big numbers, critical services and a complex challenge emerging. A National Audit Office report in 2020 revealed the capital value of the estimated 700 PFI was around £57bn.

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aioneers Recognized as a Representative Vendor in 2023 Gartner® Market Guide for Analytics and Decision Intelligence Platforms in Supply Chain

Aioneers

aioneers, a fast-growing provider of AI-powered supply chain management software has been listed as a Representative Vendor in the 2023 Gartner® Market Guide for Analytics and Decision Intelligence Platforms in Supply Chain. We believe that this recognition signifies aioneers' commitment to excellence, innovation, and its position as a competitive player in the market.

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7 Ways to Plan Ahead For Potential Business Disasters

IT Supply Chain

By John Hampton (pictured) Content Writer The post 7 Ways to Plan Ahead For Potential Business Disasters appeared first on IT Supply Chain.

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Apple Product Event Provides Added Supply Chain News

Supply Chain Matters

Apple conducted its annual product line-up event this week, tagged as “ Wonderlust.” In addition to new product hardware and some services announcements, the lead up to the event has provided some supply chain related news. New iPhone Lineup As widely expected, the company unveiled a new Apple iPhone15 line-up that includes four models : iPhone15 , iPhone 15 plus , iPhone 15 Pro and the iPhone 15 Pro Max as the top model.

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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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How To Legally Protect Your Cryptocurrency Capital

IT Supply Chain

By Mike Bronson (pictured) Content Writer The post How To Legally Protect Your Cryptocurrency Capital appeared first on IT Supply Chain.

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The State of Freight with Anne Reinke

The Logistics of Logistics

Anne Reinke and Joe Lynch discuss the state of freight. Anne is the President & CEO of Transportation Intermediaries Association (TIA) , the trusted voice for third-party logistics companies of all sizes. About Anne Reinke Anne Reinke was named President & CEO of the TIA in October 2020, coming from the USDOT where she served as the Deputy Assistant Secretary – Congressional Affairs.

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Diesel Supply Strains Deepen While Trucking Demand Recovers in U.S.

Supply Chain Brain

At risk are farmers who need diesel to harvest crops and homeowners who rely on its sister fuel, heating oil, to get through the winter.

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Embrace a New Era of Product Development

Arena Solutions

Did you know only 55% of product launches happen on time? In our on-demand webinar "Embrace a New Era of Product Development," we share how connecting your CAD, PDM, and PLM systems can create more efficient, streamlined, and cost-effective product development processes.

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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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Fleet Enable Launches Free Electronic Data Interchange Offering

Supply Chain Brain

The new service will allow freight haulers to receive digital orders and send return responses to their partners without manual intervention.

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How To Protect Your Business From Potential Risks Given Freight Rates’ Changing Trends

Tai Software - Freight Broker Software Articles

The recent volatility in freight rates has led to a newfound urgency for businesses to become proactive in preparing for upcoming shifts in the industry. With changes in the global economy, geopolitical tensions, and ongoing pandemic impacts, there’s never been a more crucial time to understand and adapt to the dynamics of freight rates.

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C.H. Robinson Opens 400,000-Square-Foot Logistics Facility in Texas

Supply Chain Brain

The venue has 154 dock doors that can support up to 700 trailers, making it one of the largest cross-docking facilities in Laredo, Texas.

Texas 98
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FourKites Visibility 2023: CONNECTED

Logistics Viewpoints

Last week I attended FourKites Visibility 2023 in Chicago, IL. The conference as a whole was fantastic, from the location and networking events to the conversations I had and sessions I attended. This was the largest conference that FourKites has put on to date, with nearly 800 customers, partners, prospects, and thought leaders descending on the Hyatt Regency to learn and, as the conference theme says, connect.

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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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India Planning New Policy to Attract EV Manufacturers, More Investment

Supply Chain Brain

American car maker Tesla has held ongoing talks with Indian PM Narendra Modi's administration to build a factory in the country.

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Seaboard Corp’s Digital Transformation with Simfoni’s eSourcing Solution

EC Sourcing Group

True transformation stems from passion, tenacity, and the audacity to embrace change. At Seaboard Corporation, a leading global agribusiness and key player in the grain and flour milling industry, this transformation was driven by the need to modernize their procurement process and stay competitive in a rapidly evolving business landscape. The Challenge For years, Seaboard relied on manual procurement processes, drowning in stacks of paper and spreadsheets, which were not only time-consuming

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ABB Group Investing $280M in Swedish Robotics Hub

Supply Chain Brain

The new campus, which will allow ABB to expand its production capacity by 50%, is scheduled to be opened in late 2026.

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Checkout Optimization – Streamlining the Path to Purchase

Saleswarp

What Is Checkout Optimization? A smooth and hassle-free checkout experience can make all the difference between a sale and a lost opportunity. This is where checkout optimization comes into play. Checkout optimization is a strategy aimed at boosting a retailer’s conversion rate by fine-tuning the final steps of the customer checkout process.

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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Chevron, LNG Facility Workers to Hold Tribunal to Resolve Strike

Supply Chain Brain

Chevron is hoping the Fair Work Commission will force workers to cancel the strike and make a deal with the company.

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