Mon.Nov 06, 2023

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Back to School: Classes Supply Chain Leaders Should Take

Talking Logistics

“When you stop learning, you stop leading,” says leadership expert Kenneth Blanchard. This is particularly true for supply chain professionals considering the rapid and ongoing changes in the field. If you were to go back to school (or have already) to improve your skills/knowledge in areas you view as important for continuing your growth as.

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Schneider Electric’s Works with EcoVadis to Drive Supplier Emissions Engagment

Logistics Viewpoints

Suppliers are facing increasing pressure from the buyers of their goods and services to report their environmental, social, and governance data. As corporations announce plans to be Net Zero across their end-to-end supply chain at some point in the future – often 2050 – they then need their suppliers to participate in helping them meet their goals. Corporations are kicking off these initiatives both because their customers expect it and because of increasing regulatory pressure.

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Global Supply-Chain Pressure Hits Record Low, NY Fed Gauge Shows

Supply Chain Brain

Global logistics difficulties are at the lowest in 26 years as transportation costs keep declining, according to the Federal Reserve Bank of New York's Global Supply Chain Pressure Index.

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Okta third-party breach & the potential repercussions

IT Supply Chain

By Lorri Janssen-Anessi (pictured) Director External Cyber Assessments, BlueVoyant The post Okta third-party breach & the potential repercussions appeared first on IT Supply Chain.

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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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Smart Factory and Supply Chain Technology Can Improve Healthcare for Patients and Providers

Supply Chain Brain

Investing in and implementing smart sourcing and manufacturing solutions is not a quick and complete fix for today’s drug and device shortages, but it can help.

More Trending

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Introducing 1Exiger Supply Chain Platform and UX

Supply Chain Brain

1Exiger offers customers a simplified view of how they do business with preferred vendors and suppliers to protect against disruption and the risk of reputational harm.

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How can the Lean Six Sigma methodology be applied to Supply Chain problems?

All Things Supply Chain

The first mentions of Lean Six Sigma date back to the late 1990s and early 2000s.

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Supply Chain Innovation 2023: It’s Happening Everywhere

Supply Chain Brain

We congratulate all of the finalists in this year’s SCIA competition, who reflect the quantity, quality and scope of innovations that are being devised by supply chain leaders everywhere.

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October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

Supply Chain Matters provides a further global supply chain assessment in the highlighting and added insights on reported October 2023 global and regional production and supply chain PMI indices. In our prior highlights and perceptions of September and Q3-2023 published indices , we observed that the numbers once again signaled added contraction in global manufacturing output and product demand levels.

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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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Lost en Route: Ambient IoT Ensures Shipments Reach the Right Destination

Supply Chain Brain

As the popularity of e-commerce grows, companies struggle with the business risk of misloaded packages. New supply chain visibility solutions can help fix the problem.

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How Pharmaceutical Brands can be Resilient: Let’s approach Supply Chain Resilience Holistically

HICX Solutions

By Costas Xyloyiannis, CEO of HICX While inflation and economic pressures, such as the recent US price reforms, force pharmaceutical brands to be even more frugal than usual, they will do well to not tackle cost efficiency as a solo issue. Brands require resilience in various areas, and chief among these is compliance. Stringent regulations must be followed, although the supply chains from which they are navigated, are incredibly complex.

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Your Expert Guide to Inventory Audits: Best Practices & Tips 

ShipBob

Table of Contents ** Minutes What is an inventory audit? 9 common inventory audit procedures Why inventory auditing is important for ecommerce businesses 3 challenges of performing an inventory audit Easily improve audit efficiency with ShipBob’s inventory management software Inventory audit FAQs Audits of any kind are time-consuming and require manual work, but they provide an insightful deep dive into a business’s different accounts and/or financial situation.

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Watch: A Conversation With CSCMP's Mark Baxa

Supply Chain Brain

Mark Baxa, president and chief executive officer of the Council of Supply Chain Management Professionals, sits down with us at the EDGE 2023 conference with an update on the organization's mission.

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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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Using Key Performance Predictions to Plan Stocking Policies

The Smart Software

I can't imagine being an inventory planner in spare parts, distribution, or manufacturing and having to create safety stock levels, reorder points, and order suggestions without using key performance predictions of service levels, fill rates, and inventory costs. The post Using Key Performance Predictions to Plan Stocking Policies appeared first on Smart Software.

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Leading a Logistics Biz Turnaround with Harry Drajpuch

The Logistics of Logistics

Harry Drajpuch and Joe Lynch discuss leading a logistics biz turnaround. Harry is the Chief Executive Officer of Amware Fulfillment , a Staci Company. Throughout his long, successful career, Harry has led multiple logistics business turnarounds. About Harry Drajpuch Harry Drajpuch is the Chief Executive Officer of Amware Fulfillment, a Staci Company.

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How Sales Forecasts Combat Food Waste, Drive Supply Chain Sustainability

ThroughPut

The post How Sales Forecasts Combat Food Waste, Drive Supply Chain Sustainability appeared first on ThroughPut.

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Supply Chain News on Is Amazon the Largest Logistics Company in the World

Supply Chain Digest

In First Year Allowed in, Amazon goes Straight to Number 1 on Annual List from Transport Topics

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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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[Video] How To Prevent Your TMS From Becoming A Shock Absorber

Talking Logistics

We’ve got horrible roads where I live, lots of bumps and potholes everywhere. Not surprising, I’ve had to replace the shock absorbers on my car more than one time. What does a shock absorber do? They dampen and absorb all those bumps in the road so that your car can travel as smoothly as possible. Read more The post [Video] How To Prevent Your TMS From Becoming A Shock Absorber appeared first on Talking Logistics with Adrian Gonzalez.

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Supply Chain News on Demand for Warehouse Space appears to be Softening at Last

Supply Chain Digest

CBRE Says Demand is Down, but Lease Rates are Still Up Sharply

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How to choose the right ERP system for your business

SYSPRO Smarter ERP

Managing sophisticated manufacturing operations is not unlike coordinating the world’s air traffic. Consider the metaphor for a moment. Among the production lines, warehouses, and shipping docks of your company, your ERP system acts as the air traffic control tower—directing every operation, process and data point successfully from and to their destinations accurately and on time.

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Using Computer Vision to Inspect Incoming Boxes for Damage in the Warehouse

Supply Chain Brain

Intel sets out to replace an arduous and time-consuming manual process for inspecting damaged boxes in the warehouse, with an automated system that employs computer vision and artificial intelligence.

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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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Energy and Labour Costs: 2 Top Warehousing Challenges in 2023

Logistics Bureau

Recent studies have shown that among the challenges frustrating warehouse and distribution centre managers this year, rising energy and labour costs are two of the most often cited. Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency.

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A Record Number of Supertankers Is Headed to Collect U.S. Oil

Supply Chain Brain

The glut of vessels racing to the U.S. Gulf even includes ships heading to the region on a speculative basis without any cargo booking, an industry practice known as ballasting.

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Optimizing Raw Material Management in Food & Beverage Manufacturing with TMS Solution

Loginext

This article discusses the challenges of managing raw material expiration in the food and beverage manufacturing industry. It highlights the benefits of using a TMS solution, and how it can be used to optimize the management of raw materials. The post Optimizing Raw Material Management in Food & Beverage Manufacturing with TMS Solution appeared first on loginextsolutions.com.

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Managing Reusable Packaging Containers With Sensor-Driven Asset Intelligence

Supply Chain Brain

A leading supplier of reusable packaging containers seeks to boost visibility and cut down on losses within a network of millions of units, with a method that makes economic sense. Roambee provides the innovative solution.

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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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Creating a more effective working capital strategy

Taulia

Expert Advice 9 ways to improve working capital Working capital – or current assets minus current liabilities – is an indicator of a business’s short-term liquidity. The post Creating a more effective working capital strategy appeared first on Taulia.

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Estes Boosts Pickup Data Visibility in Collaboration With Worldwide Express

Supply Chain Brain

Estes Express Lines achieves “clear line of sight” with a new visibility application, tailored to customer preferences defined by WWEX, a third-party logistics provider specializing in serving small to medium-sized shippers.

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Upping the health of distribution center (DC) picking

Lucas

With a voice-directed picking solution, Baptist Health South Florida gained big on throughput and accuracy, while offering workers an intuitive user interface.

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