Mon.Dec 18, 2023

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How can the Carbon Border Adjustment Mechanism (CBAM) trigger a redesign of your supply chain network?

AIMMS

The post How can the Carbon Border Adjustment Mechanism (CBAM) trigger a redesign of your supply chain network? appeared first on AIMMS.

AIMMS 156
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3 Strategies for Shippers to Combat Rising Freight Fraud

Talking Logistics

As supply chains go digital, bad actors are evolving their fraudulent tactics. The COVID-19 pandemic accelerated remote work and digital transformation across industries — driving efficiencies but also leaving vulnerabilities. In logistics, those vulnerabilities are particularly glaring given how quickly the industry had to transition to online processes.

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Takeaways From the Global Supply Chain Leaders Conference

Supply Chain Brain

More than 100 supply chain, logistics, manufacturing, and procurement professionals gathered in Houston to discuss the challenges and opportunities in today’s post-pandemic landscape.

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Clone Yourself With a Digital Twin This National Twin Day

BlueYonder

Have you ever been so busy you wished you could clone yourself? What if you could? What would you have your clone do first? In addition to that miles-long to-do list (expense reports – ugh), what could your clone do or learn that could help you work smarter or avoid unnecessary pain? As an identical twin, I can speak firsthand to the power of having your own clone.

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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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You’re only as strong as the weakest link in your network

IT Supply Chain

By Florian Haarhaus (pictured) International General Manager at NAVEX The post You’re only as strong as the weakest link in your network appeared first on IT Supply Chain.

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U.S. Announces New Task Force to Counter Houthi Red Sea Threat

Supply Chain Brain

The attacks in the Red Sea, which handles about 12% of world trade as a key waterway for goods and energy, have emerged as a fresh threat to global supply chains.

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Navigating Seasonal B2B Returns Variability

ModusLink Corporation

Global delivery service. Courier holding cardboard box, standing near van. Customer ordering parcel using laptop and sitting on globe. Worldwide shipping, remote flying packages vector Introduction: In the dynamic landscape of e-commerce, businesses grapple with multifaceted challenges, and chief among them is the management of returns. Whether stemming from customer dissatisfaction, product defects, or changes of mind, returns constitute an inevitable facet of the retail process.

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UK retail on the rocks over Xmas & NY – new Retail Think Tank report

IT Supply Chain

By Jeff Eckel (pictured) Director, e2open The post UK retail on the rocks over Xmas & NY – new Retail Think Tank report appeared first on IT Supply Chain.

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Constructive Play with Digital Twins

The Smart Software

Those of you who track hot topics will be familiar with the term “digital twin.” Those who have been too busy with work may want to read on and catch up. While there are several definitions of digital twin, here’s one that works well: A digital twin is a dynamic virtual copy of a physical asset, process, system, or environment that looks like and behaves identically to its real-world counterpart.

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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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Can You Sue a Trucking Company for an Accident Caused by Their Driver?

IT Supply Chain

By John Hampton (pictured) Content Writer The post Can You Sue a Trucking Company for an Accident Caused by Their Driver? appeared first on IT Supply Chain.

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7 Things To Consider For Efficient Spare Parts Management

SCMDOJO

In the world of manufacturing and maintenance, effective spare parts management is essential for maximizing equipment uptime and reducing costs. Making sure the correct spare parts are easily accessible when needed can greatly boost profits and how well it operates. Yet, handling spare parts can be tricky and needs careful planning and execution. In this detailed guide, you’ll delve into the most effective ways to manage spare parts.

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Could AI Transform Santa’s Supply Chain Challenges?

IT Supply Chain

By Tim Woodman (pictured) Sales Director at SpendConsole The post Could AI Transform Santa’s Supply Chain Challenges? appeared first on IT Supply Chain.

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What Are the Differences Between Procurement and Purchasing in Manufacturing?

OptiProERP

Acquiring goods from vendors and suppliers is one of the critical and routine tasks for manufacturers. Managing, planning, and tracking finance is very important when it comes to the outflow of cash. Otherwise, it can adversely affect a company’s bottom line. Procurement and purchasing are terms interchangeably used in manufacturing but are distinct activities.

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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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Smart Glasses in the Warehouse with Paul Travers

The Logistics of Logistics

Paul Travers and Joe Lynch discuss smart glasses in the warehouse. Paul is the Founder and CEO of Vuzix , a leading designer, manufacturer, and marketer of Smart Glasses and Augmented Reality (AR) technologies and products for the enterprise, medical, defense and consumer markets. About Paul Travers Paul Travers is the founder of Vuzix and has served as President and Chief Executive Officer since 1997 and as a member of the Board of Directors since November 1997.

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Supply Chain News on Amazon Expanding Ships in Product Packaging Program

Supply Chain Digest

About 11 Percent of Products Globally Ship in Own Packaging if Ordered Alone

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Navigating the Holiday Season: Managing High Retail Return Rates

Supply Chain Brain

By adapting their strategies, leveraging technology, and embracing innovative concepts like "keep it" returns and buy-online-return-in-store (BORIS) incentives, retailers can better manage the influx of returned items.

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Stord One Warehouse Named a Warehouse Management System (WMS) Market Leader by G2

Stord

ATLANTA, December 18, 2023 – Stord , a leader in omnichannel fulfillment services and technology for mid-market and enterprise brands, announced today that its Warehouse Management System (WMS), Stord One Warehouse , has been named a Leader in the Warehouse Management Software Category by G2 , the world's largest and most trusted software marketplace.

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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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Timely, Detailed Employee Feedback Can Alleviate Warehouse Labor Retention Problems

Supply Chain Brain

Traditionally, it’s been tough to gather detailed, timely feedback on employees’ experiences, mood, suggestions and likelihood of quitting. Until now.

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Key Trends that Will Shape the eCommerce Landscape in 2024

Savant Events

Savant Events is a new breed of intellectual interaction that brings together the most dynamic thinkers in a specialised field. Our core focus remains on forward looking industries that promise to change the communication, interaction, well-being and mobility of future societies.

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Railroads Urge Border Officials to Reopen U.S.-Mexico Crossings

Supply Chain Brain

“While the company understands this is a complex humanitarian crisis, most migrants are not crossing the border on trains,” Union Pacific said in a statement.

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From Manual to Automated: 9 Steps to Updating Your Warehouse in 2024

Locus Robotics

By Mary Hart Warehouse managers face immense pressure to fulfill rising order volumes quickly and accurately. Adopting warehouse automation is the best thing you can do to handle these challenges, and the pathway to get there is lit well thanks to those who have automated before. Follow these 9 stops on the road to warehouse automation success to take your warehouse’s processes from manual to automated for optimized order fulfillment, happier associates, and more.

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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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BP Suspends Oil and Gas Shipment through Red Sea

Supply Chain Brain

BP is the first oil company to directly halt its own shipping, after five major ocean carriers halted service through The Bab al-Mandab strait.

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2023 recap and KEY trends that will shape the eCommerce landscape in 2024

Savant Events

Savant Events is a new breed of intellectual interaction that brings together the most dynamic thinkers in a specialised field. Our core focus remains on forward looking industries that promise to change the communication, interaction, well-being and mobility of future societies.

Trends 52
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U.S. Steel Agrees to Be Bought by Japanese Rival After Long Takeover Saga

Supply Chain Brain

The acquisition is a further consolidation of the industry in the United States, which is now dominated by three major companies: Cleveland-Cliffs, Nucor and Steel Dynamics.

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2023: Year in Freightera Customer Reviews

Freightera

With 2023 coming to an end, we wanted to showcase the joy we all shared this year. So here are a few review highlights from the past 12 months! “Whoever works with logistics knows of the constant problems and issues with carriers, but the fantastic team at Freightera always comes through quickly, and often offers and negotiates the best possible solution on our behalf.

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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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Healthcare Procurement: 3 Common Challenges and Their Solutions

Precoro

Medical institutions might not typically consider optimizing the healthcare procurement process a top priority. Yet procurement in healthcare influences the overall well-being of medical institutions and, ultimately, the quality of patient care. Healthcare procurement is a multifaceted process that involves managing suppliers, requesting healthcare products, approving the requests, monitoring inventory, tracking expenses, and overseeing budgets.

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Offensive cyber capabilities are being used to strike back at Hamas & countries that sympathise with them

IT Supply Chain

By Yossi Rachman (pictured) Director, Security Research, Semperis The post Offensive cyber capabilities are being used to strike back at Hamas & countries that sympathise with them appeared first on IT Supply Chain.

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Optimizing shop floor processes with Manufacturing Operations Management

SYSPRO Smarter ERP

Today’s manufacturers face many challenges in a business context complicated by factors such as ongoing loadshedding, soaring raw material prices, managing shop floor processes, and a weak economy. Manufacturers already understand that digital technologies are transforming the way the industry operates, particularly in improving efficiencies and driving higher levels of business performance.