Wed.Jun 07, 2023

article thumbnail

The Importance of Language Skills in Supply Chain and Operations Management

SCMDOJO

The supply chain industry has been evolving rapidly since the pandemic outbreak. After being disrupted and seriously jeopardized, the industry needed to find a way to carry out its activities and maintain its businesses. To do so, people needed to become innovative, adopt new technologies, digitalize, and even start using AI. As a result, the industry is growing, changing, and becoming more demanding, increasing the importance of language skills more than ever.

article thumbnail

3PLs and Software Vendors: 3 Questions to Keep Innovating Your Business Models

Talking Logistics

Author’s note: I wrote a slightly longer version of this post in November 2012. I’m sharing it again today with some minor edits because I believe the topic remains very relevant today. Most of the time, when people talk about innovation in supply chain management and logistics, the focus is on technology (e.g., AI and. Read more The post 3PLs and Software Vendors: 3 Questions to Keep Innovating Your Business Models appeared first on Talking Logistics with Adrian Gonzalez.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Demand Planning Software – Top 3 Demand Forecasting Mistakes to Avoid

Logility

Top 3 Demand Forecasting Mistakes —How To Avoid Them with Demand planning software Demand forecasting is a critical facet of successful business operations, acting as the helm guiding companies through the rocks hiding beneath the water of market demands. Accurate demand forecasts can empower a business to optimize its production schedules, manage its inventory efficiently, and minimize waste, which can lead to improved profit margins.

article thumbnail

How Nearshoring IT Services Gives You Access to Top Talent

IT Supply Chain

By Nachiket Deshpande (pictured) Chief Operating Officer, LTIMindtree The post How Nearshoring IT Services Gives You Access to Top Talent appeared first on IT Supply Chain.

article thumbnail

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.

article thumbnail

Harness The Power of Data To Optimize Your Supply Chains

All Things Supply Chain

The global logistics automation market has been growing at a Compound Annual Growth Rate (CAGR) of 12.4% since 2020, the highest growth rate of any supply chain market.

More Trending

article thumbnail

Microsoft urges AI fearmongering to stop

IT Supply Chain

By Jeremy Rafuse (pictured) Vice President & Head of Digital Workplace at GoTo The post Microsoft urges AI fearmongering to stop appeared first on IT Supply Chain.

article thumbnail

New tech coming to ERP systems near you

SYSPRO Smarter ERP

There have been many significant developments in the digitization of manufacturing in the past few years. In many first world operations, the use of sensors and IoT devices has had a significant impact on improving visibility and streamlining operations across the supply chain. Within Africa, the adoption of smart manufacturing technologies and solutions has been far slower.

article thumbnail

Controlling harmonics in cathodic protection systems

IT Supply Chain

By Steve Hughes (pictured) Managing Director, REO UK The post Controlling harmonics in cathodic protection systems appeared first on IT Supply Chain.

System 77
article thumbnail

U.S. Logistics Manager’s Index Drops to an All Time Low in May

Supply Chain Matters

Supply Chain Matters highlights this week’s release of the U.S. Logistics Managers Index (LMI) that dropped to an all-time low for May 2023. The Logistics Managers Index Report® , compiled by researchers at Arizona State University, Colorado State University, Rochester Institute of Technology, Rutgers University and the University of Nevada Reno , and in conjunction with the Council of Supply Chain Management Professionals (CSCMP), reportedly reached an all-time low for the third consecutive m

article thumbnail

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.

article thumbnail

Inventory Optimisation: Tools & Techniques You Should Know

Unleashed

Inventory optimisation is the process that enables efficient inventory management. It allows businesses to sustainably control stock and sell products despite shifts in customer demand or unexpected supply issues. In this guide, we define inventory optimisation and offer a few actionable tips and strategies for getting it right every time. Without further ado, let’s dive right in.

article thumbnail

World Bank Revises 2023 Global Growth But Downgrades 2024

Supply Chain Matters

This week the World Bank released its latest June forecast of its Semiannual Global Economic Prospects Report. This latest forecast indicates that the global economy will grow by 2.1 percent this year, which is up from the 1.7 percent forecasted at the beginning of this year. That compares with a global growth rate of 3.1 percent in 2022. In essence, the latest forecast indicates that while global growth is projected to slow sign significantly in the second half of the year, growth will not be

article thumbnail

Idle No More: Tackling Vehicle Idling in Last-Mile Logistics

Locus

In the fast-paced world of last-mile delivery, a hidden culprit often goes unnoticed: vehicle idling. Leaving engines running while vehicles are stationary may seem harmless, but it comes at a high cost to the environment and businesses’ bottom line. This blog explores the concept of vehicle idling in last-mile delivery, its consequences, and why it demands our attention.

article thumbnail

Japan's Kishida Unveils Policy Proposal Before Potential Polls

Supply Chain Brain

Some of the issues covered in the proposed policy plan include supply chain resiliency, sustainability initiatives, labor market reforms and improved childcare support.

article thumbnail

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

article thumbnail

5 Actions to Reignite your FMCG RtM & Drive Sales Now

Enchange Supply Chain Consultancy

The Age-Old Sales Question The End of Q2 is in sight. We have stuck to our plan, and we have faith.

259
259
article thumbnail

Schneider Electric Earns Top Spot on 2023 Gartner Supply Chain Top 15 for Europe

Supply Chain Brain

With a composite score of 5.98, Schneider Electric earned the top spot on Gartner's European list followed by L’Oréal, Diageo, Inditex and Siemens.

Gartner 52
article thumbnail

Investing in Future Sales with Michelle LeBlanc

The Logistics of Logistics

Michelle LeBlanc and Joe Lynch discuss investing in future sales. Michelle is the CEO and Founder of Drop & Hook Content , a social media and content marketing agency purpose-built for the transportation and logistics industry. About Michelle LeBlanc Drop & Hook CEO and Founder Michelle LeBlanc has been a marketing professional for over a decade and has specialized in work with transportation and logistics companies since 2014.

article thumbnail

ToolsGroup Selected by D.I.MAR to Improve Supply Chain Performance

Supply Chain Brain

D.I.MAR Srl will be able to better anticipate and adapt to market changes thanks to ToolsGroup's A.I. and probabilistic forecasting technologies.

article thumbnail

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

article thumbnail

Supply Chain by the Numbers for June 9, 2023

Supply Chain Digest

Will UPS Workers Go on Strike. Global Economy Predicted to Slow. Here Come Waves of Order Picking Robots.

China 32
article thumbnail

Distracted Driving: Using AI Technology to Break a Deadly Habit

Supply Chain Brain

A.I.-driven technology can help keep drivers and passengers safe by not only detecting distracted driving, but also identifying other potentially risky behaviors.

108
108
article thumbnail

Supply Chain Graphic of the Week on US Manufacturing Trending Down

Supply Chain Digest

12 Month Average of PMI Now Below Key 50 Mark

Trends 32
article thumbnail

Month-End Close Tips and Checklist: For Newbies to Experienced Closers

Precoro

Let’s discuss how the month-end close process can benefit your company, and how to make the most of it. Keep reading for the following: What is the month-end close process? Why is this process important ? Steps of the month-end close process Key things to check while closing the month Challenges to expect during the month-end close What is the month-end close process?

article thumbnail

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.

article thumbnail

WE Soda Presses Ahead with U.K. IPO, Likely to Be London’s Biggest Listing of 2023

Supply Chain Brain

The organization said indirect net proceeds from the offering are expected to be about $800 million while the company could reportedly seek a $7.5 billion valuation.

Report 103
article thumbnail

Revolutionize Your Operations Using Fleet Tracking Software

Loginext

This article introduces you to the benefits of using LogiNext's fleet tracking software. This blog discusses how a leading ice cream company's operations team was able to optimize its fleet operations and improve its efficiency using an advanced fleet management system. The post Revolutionize Your Operations Using Fleet Tracking Software appeared first on loginextsolutions.com.

article thumbnail

Seven Ways That Companies Can Make Real Progress Toward Sustainability

Supply Chain Brain

Implementing a lofty sustainability program isn’t just a marketing strategy to show that your company cares about the environment, and win points with consumers.

article thumbnail

5 Ways Retailers Can Personalize the Online Shopping Experience

Saleswarp

Providing an exceptional online shopping experience for customers is a constant concern for retailers. As consumer expectations continue to soar, understanding and catering to their preferences has become crucial. Let’s explore some essential strategies that can help retailers elevate their online shopping experience. From personalization techniques to optimizing product descriptions, each aspect plays a vital role in shaping the overall customer journey.

article thumbnail

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.

article thumbnail

DHL Relocates to a New and Larger Facility in Missouri

Supply Chain Brain

By moving its operations to Kansas City from St. Louis, DHL hopes to more than double the number of packages and parcels it processes in the Midwest.

article thumbnail

Overcoming the Challenges of Implementing Procurement Software

ProcurePort

In the modern business ecosystem, digital transformation is not just an option but a requirement. The need for streamlined operations and enhanced efficiency has made procurement software a valuable asset for organizations of all sizes. However, the journey towards successful implementation is fraught with challenges. This blog will provide a deep dive into these challenges […] The post Overcoming the Challenges of Implementing Procurement Software appeared first on ProcurePort Blog.

article thumbnail

Flexport Completes Acquisition of Shopify Logistics

Supply Chain Brain

In connection with the sale that was originally announced May 3, 2023, Shopify received stock that equates to 13% equity in Flexport.