Tue.Jul 25, 2023

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Supply Chain Success Prompts ToolsGroup-Lãberit Partnership to Expand into LATAM

ToolsGroup

After fruitful collaboration in Europe, the partners in supply chain software implementation celebrate a significant regional expansion. BOSTON and VALENCIA – July 25, 2023 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, and Lãberit , one of Spain’s leading IT companies dedicated to consulting, development, and maintenance of digital solutions for diverse industries worldwide, are proud to announce that together, they are providing award-winning supp

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Is Your Indian Supply Chain Ready for Omnichannel Delivery?

CHAINalytics

This is the first installment of a four-part examination of the Indian omnichannel marketplace. Going omnichannel can be a major source of repeat customers. But can your supply chain keep up with increased consumer choice and volume? And, while your top line may look promising, what about the bottom line? The customer is the “omnipresent” … The post Is Your Indian Supply Chain Ready <br>for Omnichannel Delivery?

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The Supply Chain Industry: A Rewarding Path for GenZ Young Professionals

Supply Chain Brain

These young professionals are looking for the opportunity to tackle big challenges and make a big difference right away, which is something that a supply chain career can offer.

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Optimizing Last-Mile Fulfillment for FMCG Businesses in the Middle East

Locus

In 2019, Bain & Co. predicted that the retail industry in the Middle East and North Africa (MENA) is on the verge of a pivotal shift. “E-commerce is becoming a reality,” the management consulting company stated, “reinventing consumers’ path to purchase, forming new customer experiences , disrupting business models, and creating growth opportunities for large and small retailers as well as for a new generation of pure E-commerce players.

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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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Watch: Can Companies Comply With ESG Mandates and Grow Revenue?

Supply Chain Brain

Craig Coulter, advanced manufacturing and mobility sustainability leader with EY, assesses the progress that supply chains are making in complying with environmental, social and governance (ESG) requirements.

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Retail sales rise 0.7% in June

IT Supply Chain

By Sachin Jangam (pictured) Partner for Retail, Infosys Consulting The post Retail sales rise 0.7% in June appeared first on IT Supply Chain.

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Inventory Turnover Ratio: Definition & Improvement + Calculator

Unleashed

The inventory turnover ratio measures how often stock is sold and replaced over time. It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. This guide reveals how the inventory turnover ratio works, why it’s important, and how to improve it.

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Five steps to harness the true power of data

IT Supply Chain

By Sean Robinson (pictured) Software Solutions Manager, Novotek Ireland The post Five steps to harness the true power of data appeared first on IT Supply Chain.

Ireland 75
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The Warehouse’s Role in Optimizing Healthcare Supply Chains: A Conversation with Matt Stewart

Tecsys

The warehouse plays a vital role in optimizing the healthcare supply chain. With the right level of automation and intelligent design, warehouses can significantly improve efficiency.

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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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From telcos to techco

IT Supply Chain

By Sam Dunscombe (pictured) Head of Growth, Mobilise The post From telcos to techco appeared first on IT Supply Chain.

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Strategic Partnerships in the Supply Chain

American Global Logistics

A streamlined supply chain is essential in today's rapidly developing business landscape. Today's supply chains must adapt quickly to changing market conditions. But what if there was a way to optimize your supply chain and unlock its full potential? That's where strategic partnerships come in. Alliances among key suppliers, logistics providers, and other partners can create more efficient, flexible, and resilient supply chains.

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How the Facebook Ads Reporting System Works

IT Supply Chain

By Dwight J. Lawrence (pictured) Content Writer The post How the Facebook Ads Reporting System Works appeared first on IT Supply Chain.

Report 74
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Why a TMS Works for Managed Transportation Providers

MercuryGate

Managed transportation relies on third-party logistics providers to create an enhanced logistics strategy. These 3PLs can help a company optimize its logistics, supply chain efficiency, and transportation operations. The third party takes care of freight and logistics services that could include rate management, freight audits, procurement, and other managed transportation services.

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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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5 Key Benefits of Choosing a Specialized Platform for Freight Procurement

Shipsta

If you're looking for procurement tech for your freight procurement team, there are massive benefits to choosing a platform specialized for logistics.

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Global Supply Chain News on Korean 3PL CJ Logistics Planning Major Distribution Expansion in the US

Supply Chain Digest

Major Hubs Planned for Illinois, Indiana, and New Jersey

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Reverse Logistics to Enhance Efficiency in Product Returns

C3 Solutions

Every day, millions of products make their way back to warehouses and distribution centers, marking the less-glamorous side of e-commerce - The Reverse Logistics.

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UPS Agrees Contract with Teamsters, Avoids Strike of 340,000 Workers

Supply Chain Brain

UPS said that the five-year agreement covers U.S. Teamsters-represented employees in small package roles and is subject to ratification by union members.

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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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Can Warehouse Drones Replace Costly, Inaccurate Cycle Counting?

Amware Logistics and Fulfillment

Cycle counting is an essential part of inventory management – and a significant cost center most warehouses wish they could do without. On a recent episode of the Unboxing Fulfillment podcast, Jackie Wu , of Corvus Robotics, and host Chad Warzecha discussed the drawbacks of cycle counts and the benefits of using warehouse drones for automated inventory management.

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Matson Has Reduced Scope 1 Emissions by 12% Since 2016

Supply Chain Brain

Matson is looking to reduce its Scope 1 greenhouse gas fleet emissions by 40% by 2030 and achieve net-zero emissions by 2050.

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RS GROUP PLC Results for the year ended 31 March 2023

Synovos

RS Group PLC: Full-Year Results for the Year Ended 31 March 2023 STRONG PERFORMANCE SIMON PRYCE, CHIEF EXECUTIVE OFFICER, COMMENTED: “RS delivered a strong performance in 2022/23 despite a more challenging macroeconomic backdrop in the second half. This reflected our on-going operational excellence initiatives, geographical, industry and product mix, inventory availability and strong pricing.

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Shipping Routes for Ukrainian Grain Exports Dwindle Under Russian Attacks

Supply Chain Brain

Even before Russia terminated the Black Sea agreement, Ukraine had increasingly relied on alternative routes for its exports.

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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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Open-es and JAGGAER together for more sustainable procurement

Jaggaer

An agreement has been signed to make corporate procurement even more sustainable: JAGGAER technology is now integrated with Open-es, the digital platform that connects companies, banks, associations, and institutions in a collaborative ecosystem, supporting development and growth on the dimensions of sustainability.

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The Power of Smart Stock Order Management Systems

Saleswarp

The success of any warehouse operation relies heavily on efficient and adaptable inventory management. Companies that aim to go beyond basic replenishment are now realizing the importance of a comprehensive solution and are adopting smart stock order management systems (SOMS). This system offers a more in-depth approach to warehouse management by incorporating advanced features like location-based work orders, condition triggers, and customizable logic.

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European Chips Act Worth €43B Gets Final Stamp of Approval

Supply Chain Brain

After being approved by the Council of the European Union, the regulation will be signed by the President of the European Parliament and the President of the Council.

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JAGGAER Names Its New Chief Marketing Officer: Eva Skidmore

Jaggaer

JAGGAER's latest news on procurement & sourcing. Read now: JAGGAER Names Its New Chief Marketing Officer: Eva Skidmore.

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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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Wheat Rally Fades as Russia Fails to Disrupt Key Danube Port

Supply Chain Brain

The Ukrainian Port of Reni on the Danube was operating at maximum capacity July 25, despite an attack by Russian drones July 24.

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THE WALL STREET JOURNAL: Why America’s largest tool company couldn’t make a wrench in America

Operations and Supply Chain Management

Why America’s largest tool company couldn’t make a wrench in America A highly automated Texas factory was supposed to bring the manufacturing of Craftsman mechanics’ tools back to American shores. The $90 million project was doomed by equipment problems and slow production.

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Simplifying with Data-Driven Warehouse Optimization

Lucas

The right software optimizes hands-on work and streamlines manual processes, thus making the work easier, faster and more accurate for workers. For managers, machine learning-based applications provide new insights and recommendations. The post Simplifying with Data-Driven Warehouse Optimization appeared first on Lucas Systems.