Wed.May 01, 2024

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Why a Modern BI Platform is Needed for Predictive Analytics

Silvon Software

In an era where data is the new oil, businesses are constantly seeking innovative ways to extract valuable insights from their vast data reservoirs. Predictive Analytics has emerged as a pivotal tool in this quest, offering unprecedented foresight into market trends, consumer behavior, and operational efficiencies. And it does so through its ability to generate demand forecasts, customer segmentations, risk assessments and operational optimizations in areas like supply chain and inventory manage

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Corporate Sustainability Due Diligence Directive (CSDDD): Addressing the Entire Value Chain

Logistics Viewpoints

Following 45 days of negotiations, the European Council approved a watered-down version of the Corporate Sustainability Due Diligence Directive. The EU CSDDD has had a difficult journey, facing delays, changes, and hurdles to overcome. Nonetheless, the direction of travel of European governments is clear: companies need to do more to identify their exposure to unethical practices, human rights abuses, and significant adverse environmental issues , across their value chain.

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DAT IQ: The Metrics that Matter with Samuel Parker

The Logistics of Logistics

Samuel Parker and Joe Lynch discuss DAT iQ: the metrics that matter. Samuel is Director of Product Marketing at DAT Freight & Analytics ‘ Shipper segment. DAT operates the largest truckload freight marketplace in North America. Shippers, brokers, carriers, news organizations and industry analysts rely on DAT for trends and data insights based on a database of $150 billion in annual market transactions.

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Rise Like Batman: Transform Supply Chain Challenges into Opportunities

John Galt

Elevate your supply chain planning with lessons from Batman, an example of embracing uncertainty and forging supply chain antifragility.

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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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North America Supply Chains Imperiled by Canada Rail Strike Vote

Supply Chain Brain

The two rail giants account for nearly 90% of the industry’s revenues and more than three-quarters of overall tonnage carried by the sector.

More Trending

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The Global Supply Chain of Sports Betting: A Behind-the-Scenes Look

IT Supply Chain

By Ian Benson (pictured) Content Writer The post The Global Supply Chain of Sports Betting: A Behind-the-Scenes Look appeared first on IT Supply Chain.

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Supplier Portals: Best Practice in Supplier Onboarding and Enablement

HICX Solutions

Supplier onboarding is a critical process for organizations, ensuring that new suppliers are seamlessly integrated as partners for the enterprise. With the increasing complexity of supply chains and the supplier landscape, and the need for efficiency and risk management, optimizing the supplier onboarding process has become more important than ever.

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Freight Brokers Need More Than Just Automation; They Need Optionality

IT Supply Chain

By Sean McGillicuddy (pictured) Chief Revenue Officer, Tai Software The post Freight Brokers Need More Than Just Automation; They Need Optionality appeared first on IT Supply Chain.

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May 1, 2024 Update

Freightos

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. More Resources Home May 1, 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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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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The Ultimate Guide to Harnessing Tech Innovations for Secure Money Transfers Across Borders

IT Supply Chain

By Allen Brown (pictured) Content Writer The post The Ultimate Guide to Harnessing Tech Innovations for Secure Money Transfers Across Borders appeared first on IT Supply Chain.

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Supply Chain by the Numbers for May 2, 2024

Supply Chain Digest

Blood Bath at Telsa Supercharger Unit. April PMI Falls Back into Manufacturing Contraction. Amazon Touts Same Day Deliveries.

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Strategic Talent Acquisition: Securing Microsoft Dynamics CRM Developers to Future-Proof Supply Chain Operations

IT Supply Chain

By Ivan F. (pictured) Content Writer The post Strategic Talent Acquisition: Securing Microsoft Dynamics CRM Developers to Future-Proof Supply Chain Operations appeared first on IT Supply Chain.

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An Efficient Temperature Controlled Logistics – From Cold Storage, Transportation to Chain of Custody

The Logistics & Supply Chain Management Society

SIGN UP HERE An Efficient Temperature Controlled Logistics – From Cold Storage, Transportation to Chain of Custody Synopsis: Today, most cold chain capability and capacity is catered for domestic consumption. We want to help our cold chain logistics solution providers anchor more MNC customers as way to position Singapore as a Regional Distribution Centre to facilitate more flows from/via Singapore to the regional markets.

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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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AI Attacks Are Becoming More Common in the Logistics Industry. What To Do About Them?

Supply Chain Brain

Financial losses from a cyberattack in the logistics industry include possible legal liabilities, disrupted operations, revenue loss and regulatory fines, but the costs don't stop there.

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April PMI from ISM Says US Manufacturing Fell Back to Contraction after Just One Month of Expansion

Supply Chain Digest

Most Other Measures also Negative

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Three Steps to Securing Microchip Supply in a Chaotic Global Market

Supply Chain Brain

By practicing foresight and preparing for the inevitable hiccup, manufacturers can go a long way toward ensuring that a shortage of microchips doesn't cause their facilities to lay dormant.

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Multichannel Order Management: Methods, Systems, & Tips

Unleashed

Multichannel selling is an effective strategy for maximising sales and diversifying your customer base. But it often comes with unique and challenging logistics requirements: all your inventory, sales, and purchasing data need to be in alignment. If they’re not, you risk disappointing customers and losing revenue. The solution is to implement a multichannel order management strategy.

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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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Watch: How Gamification Contributes to Warehouse Worker Retention

Supply Chain Brain

The practice of gamification is contributing to a more highly motivated workforce in the warehouse, says Ken Ramoutar, chief marketing officer of Lucas Systems Inc.

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Containers Rerouted from Baltimore Face Lengthy Dwell Times at East Coast Ports

Supply Chain Brain

Demurrage charges for rerouted containers waiting at East Coast ports could add up to as much as $3.9 million each week.

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Amazon Q1 Report Touts Expanded GenAI, Fastest Ever Delivery Times

Supply Chain Brain

Amazon saw its net income increase from $3.2 billion in the first three months of 2023 to $10.4 billion in Q1 of 2024.

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U.S. Truck Freight Struggles Mount as Volumes Continue Free Fall

Supply Chain Brain

Spending by shippers dipped by almost 28% from Q1 of 2023, and roughly 17% from the closing quarter of last year.

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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.