Wed.Jul 19, 2023

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Editor’s Pick: Are Current Trucking Spot Rates Sustainable?

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 July 2023 post from Uber Freight’s blog compares current trucking spot rates to carrier operating costs and what the current environment.

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How to Elevate your Product Segmentation Strategy with Supply Chain Optimization?

AIMMS

Product segmentation strategies trigger leaders to rethink their supply chain optimization plans, by focusing on cost-efficiency, service, and sustainability.

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3PL Outsourcing Trends with Ben Steffes

The Logistics of Logistics

Ben Steffes and Joe Lynch discuss 3PL outsourcing trends. Ben is Vice President of Managed Services at Coyote Logistics , a leading global third-party logistics provider. About Ben Steffes Ben Steffes is Vice President of Managed Services at Coyote Logistics, a leading global third-party logistics provider. Since joining the company in 2011, he’s focused on developing and growing its Coyote Transportation Management offerings, driving synergy efforts with UPS, and leading the Supply Chai

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With ToolsGroup’s AI-Powered Planning, Legami Delivers Customer-Centric Service While Driving Business Growth

ToolsGroup

The Italian consumer goods company applies ToolsGroup’s probabilistic forecasting and inventory optimization across its expansive network to enhance customer experience and business value. BOSTON – July 20, 2023 – ToolsGroup , a global leader in supply chain and retail planning and optimization software, is thrilled to announce it has been selected by Legami , the Italian consumer goods company, to support its supply chain enhancement initiatives for heightened customer satisfaction and business

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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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New Ada Lovelace report: Regulating AI in the UK

IT Supply Chain

By Jaeger Glucina (pictured) MD & Chief of Staff at Luminance The post New Ada Lovelace report: Regulating AI in the UK appeared first on IT Supply Chain.

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How SMBs are Harnessing Powerful Data on Their Plant Floor

OptiProERP

The manufacturing industry constantly strives for higher productivity, superior product quality, and cost optimization. In recent years, the rise of the “Smart Manufacturing” revolution has brought about unprecedented possibilities for manufacturers to achieve these goals successfully. At the core of this transformative wave lies the power of industrial Artificial Intelligence (AI) and Machine Learning (ML).

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Watch: Money Matters: Connecting Supply Chain and Finance

Supply Chain Brain

While it's important to connect the supply chain to finance, all company functions and departments must be linked, says Reggie Twigg, supply chain marketing lead at Anaplan.

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Industry Supply Chain Implications to Slower Economic Growth Across China

Supply Chain Matters

The Ferrari Consulting and Research Group via its affiliated Supply Chain Matters blog provides supply chain focused perspectives on this week’s indications of slower economic growth across China. Background This week, China’s Statistics Agency reported that the country’s economy grew a disappointing GDP growth rate of 6.3 percent in Q2-2023, representing a less than one percent increase from Q1-2023 reported GDP growth.

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Economic Update — June 2023

American Global Logistics

Economics and Logistics Quarterly Update—June 2023 Uncertainty in economics is a given. Uncertainty in logistics is also a given. The pandemic increased the inherent uncertainty in the economy and the logistics industry. That led to the move to transformation, which further contributes to uncertainty. Understanding the underlying data and their trends can influence how you run your business and your 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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AB&R® Named a 2023 “Top Company to Work for in Arizona” Nine Years Running

AB&R

AB&R® Celebrates Nine Consecutive Years Being a Top Company to Work for in Arizona AB&R® (American Barcode and RFID Inc.), a nationwide provider of proven supply chain solutions, has earned the title of being one of the 2023 Arizona Capitol Times “Top Companies to Work for in Arizona, for the nineth year in a row. AB&R® offers tremendous growth opportunities within the company and ensures that their employees feel valued.

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Canada West Coast Port Strike Resumes After Union Workers Rejection of Agreement

Supply Chain Matters

After last week’s news of a tentative agreement being reached between The British Columbia Maritime Employers Association and the International Longshore & Warehouse Union Canada labor union, after a 13-day labor stoppage, union workers voted yesterday to reject the agreement and return to picket lines. According to reporting by Reuters , Minister of Labor Seamus O’Regan and Transport Minister Omar Alghabra indicated in a joint statement the BCMEA had accepted the deal in full, but IL

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Efficient Consumable Inventory Management

My Office Apps

Efficient Consumable Inventory Management: Tips for Success in Supply Chain Optimization Welcome to the ultimate guide to efficient consumable inventory management! If you’re looking to streamline your supply chain, reduce costs, and achieve maximum efficiency in your business operations, you’ve come to the right place. From inventory tracking to stock rotation and fostering strategic supplier partnerships, we’ll show you the secrets to mastering consumable inventory management

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Supply Chain by the Numbers for July 20, 2023

Supply Chain Digest

Mixed Results for ATA Tonnage Index for June. Cost of Hydrogen Big Barrier to Adoption in Cars, Trucks. US Manufacturing Output again Flat in June.

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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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Revolutionizing Inventory Planning: Overcoming Pitfalls | StockTrim

StockTrim

Effective inventory planning is essential for success in the fast-paced industries of manufacturing, retail warehousing, e-commerce, and wholesale. Manual inventory management processes can be laborious, error-prone, and time-consuming, hindering business efficiency. Businesses are adopting innovative solutions like inventory planning software. This blog explores how such software empowers businesses to revolutionize inventory planning, streamline processes, and optimize supply chain management.

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Only as Good as Your Data: Why Supply Chain Digital Twins Require Real-Time Data Unification

ToolsGroup

The term “digital twin” is a little mysterious. And the application of one even moreso. A digital twin is a model that can be created for a number of things – a jet engine, a factory, even a human heart. But here, we’ll be talking about supply chain digital twins. A supply chain digital twin is a complete model of your supply chain that allows you to run what-if scenarios and determine the most efficient use of resources for fulfilling demand.

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Teamsters Union Threatening Strike Against Yellow Corp.

Supply Chain Brain

The union said that a board overseeing the Teamsters' pension and welfare funds will suspend benefits starting July 23 unless Yellow Corp. makes the payments it missed July 15.

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Environmental Sustainability in Logistics

Logistics Viewpoints

Supply chain sustainability can mean a lot of things to a lot of people. As I have written about before, supply chain sustainability , or the notion of going green, is a hot topic as companies and countries look at their overall carbon footprint and look for ways to be more environmentally friendly. A few ways companies can begin to offset their carbon footprint is to take a deeper look at product packaging, energy efficiency, alternative fuels, route optimization, and returns and recycling pro

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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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Strikes Resume at Canadian Ports After ILWU Rejects Tentative Deal

Supply Chain Brain

ILWU Canada said that it did not believe the recommendations proposed by mediators would sufficiently protect port workers’ jobs now or in the future.

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Staying Cool with Locus Robotics: Enhancing Warehouse Efficiency and Comfort in Summer Heat

Locus Robotics

By Kary Zate, Sr. Director Marketing Communications As the summer heat intensifies, warehouse environments often become challenging workplaces. High temperatures combined with physical labor can lead to worker discomfort, even health risks. But thanks to technological advancements, solutions are emerging that not only increase efficiency but also significantly enhance worker comfort.

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Maersk Breaks Ground on Atlanta-Based Air Cargo Hub

Supply Chain Brain

The new location offers direct planeside recovery, immediate unit load device (ULD) transfers to the facility and reduced processing fees.

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Open your integration ecosystem with intelligent MFT

Axway

Managed File Transfer is a modern-day workhorse, but it is also not the entire story of how data gets from point A to point B. The data itself, contained in MFT files or otherwise, has become a critical currency today.

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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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Five European Countries Agree to Extend Ukrainian Grain Ban

Supply Chain Brain

Slovakia, Hungary, Romania, Bulgaria and Poland will still let Ukrainian food exports move through their land to other parts of the world.

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Streamlining Inventory Processes: Conquer Manual Challenges | StockTrim

StockTrim

Efficient inventory planning is essential in today's fast-paced manufacturing and retail warehousing, optimizing operations and meeting customer demands. However, manual inventory management processes can be time-consuming, error-prone, and inefficient. But with the advent of advanced planning technology, businesses now have a powerful tool. This blog explores the key benefits and functionalities of advanced planning technology in streamlining inventory processes.

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Tata Group to Build Battery Gigafactory in the U.K.

Supply Chain Brain

Tata will invest over £4 billion ($5.15 billion) to build the battery cell gigafactory factory, which is expected to create up to 4,000 jobs.

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Mastering Inventory Management With Planning Technology | StockTrim

StockTrim

Effective inventory management is crucial for success in the fast-paced world of manufacturing, wholesale, e-commerce, and retail. However, manual inventory processes can be cumbersome and prone to errors, leading to challenges such as excess inventory, stockouts, and dissatisfied customers. To tackle these hurdles, businesses are turning to innovative solutions like inventory planning software.

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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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Streamlining the Bill of Lading With AI

Supply Chain Brain

Logistics companies are increasingly turning to software providers to innovate and create a digital experience in bill of lading management.

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Optimizing Inventory Operations & Enhancing Efficiency | StockTrim

StockTrim

In today's competitive business landscape, small manufacturing, wholesale, e-commerce, and retail businesses face numerous challenges in managing inventory operations efficiently. Optimizing inventory operations is crucial for meeting customer demand, reducing costs, and maximizing profitability. This article explores the key issues of optimizing inventory operations and how advanced planning software can unleash the potential for increased efficiency.

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How Technology Is Combating the Trucker Shortage

Supply Chain Brain

Millions of Americans have grown accustomed to next-day and same-day delivery of their goods. But that level of service might not be sustainable for much longer.