Tue.Mar 26, 2024

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North American Building Materials Leader Cornerstone Building Brands Chooses ToolsGroup and River Logic’s Technology

ToolsGroup

Unique Partnership Delivers an End-to-End Network Optimization Solution to Seamlessly Integrate Supply Chain Design, Manufacturing Footprint and Probabilistic Planning and Execution for Leading Building Materials Manufacturer. BOSTON, MA AND DALLAS, TEXAS, UNITED STATES (March 26, 2024)— ToolsGroup , a global leader in retail and supply chain planning and optimization software, along with partner River Logic , Inc, a global innovator in network design and optimization, announced that Cornerstone

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Is the Metaphor of War Appropriate in a Business Setting?

Enterra Insights

There is no question that today’s business environment is uber competitive. And, in some cases, cyber-attacks and espionage by national entities against commercial businesses come very close to being acts of war. Nevertheless, one must be careful when using metaphorical language, especially metaphors about war. At Enterra Solutions ®, we were aware of this fact when we announced our Enterprise Growth WarRoom offering for consumer products and retail companies.[1] We felt that the term R

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5 Models of AI for Supply Chain Risk Management—And Why They Matter

Resilinc

Welcome to part three of our AI in Supply Chain blog series. In this blog, we explore the different types of predictive AI models for supply chain risk management. In our second AI blog of the series, Predictive AI vs. Generative Supply Chain AI , we looked at the difference between predictive AI and generative AI. Currently, Resilinc uses several predictive AI models in tracking purchase orders (POs) and commodities, autonomous mapping, risk-scoring models, and simulators.

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How to Overcome the Supply Chain Decision Gap

Supply Chain Trend

As John Lennon said, “Live is what happens while you’re busy making other plans”. Every supply chain plan or schedule meets variations or disruptions that require corrective decisions and actions. However, a gap remains between data, plans, insights and taking action to solve short and long term issues and grasp opportunities. I called this the “Decision Gap” in a recent webinar.

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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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Unpacking S&P Global’s 2024 Supply Chain Industry Outlook

Arkieva

Mitigate supply chain risks. Review our analysis of S&P Global’s 2024 Outlook to assess the challenges and importance of building resilient supply chains. Unpacking S&P Global’s 2024 Supply Chain Industry Outlook was first posted on March 26, 2024 at 7:31 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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How to conduct dock audits on inbound deliveries?

C3 Solutions

Master inbound dock deliveries by understanding effective dock audits. Discover how C3 Solutions' Audit Module streamlines compliance and enhances efficiency.

How To 88
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Water Now a Major Risk for World’s Supply Chains, Says Non-Profit

Supply Chain Brain

CDP says its research indicates at least $77 billion is under threat due to water risk in supply chains, with almost $7 billion at immediate risk.

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CFO Perspectives: Unlocking Insights Through Conversation

Taulia

If you are a CFO, VP of Finance, Group Treasurer, Assistant Treasurer, CPO, VP of Shared Services, VP of Supply Chain, or Director of Accounts Payable, make sure to read this material. The post CFO Perspectives: Unlocking Insights Through Conversation appeared first on Taulia.

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Automation Critical to Supply Chain Resilience, Says ISA

Supply Chain Brain

ISA stresses how manufacturers and other decision makers can help to deliver the many benefits of automation more effectively through several key steps.

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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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Finding Your Spot on the Inventory Tradeoff Curve

The Smart Software

This video blog holds essential insights for those working with the complexities of inventory management. The session focuses on striking the right balance within the inventory tradeoff curve, inviting viewers to understand the deep-seated importance of this equilibrium. The post Finding Your Spot on the Inventory Tradeoff Curve appeared first on Smart Software.

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Natural Language Processing Transforms Inventory Management

Supply Chain Brain

With proper human oversight, NLP can reduce supply chain challenges even before they occur, thus potentially saving companies substantial time and money.

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Supercharge Your Growth: 6 Proven Tips for Lean Transformation Consulting

IT Supply Chain

By Allen Brown (pictured) Content Writer The post Supercharge Your Growth: 6 Proven Tips for Lean Transformation Consulting appeared first on IT Supply Chain.

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Survey Shows Supply Chain Decision-Makers Prioritize Inventory Turnover

Supply Chain Brain

77% of of supply chain professionals said they prioritize inventory turnover, while 57% highlighted the need for forecast accuracy.

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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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Logistics in the Data Era: Redefining Value, Opportunity, & the Modern 3PL

IT Supply Chain

By Scott Pruneau (pictured) Chief Executive Officer of ITS Logistics The post Logistics in the Data Era: Redefining Value, Opportunity, & the Modern 3PL appeared first on IT Supply Chain.

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Unraveling the Logistics and Supply Chain Magic of the Indian Premier League

Loginext

Have you ever wondered how the Indian Premier League (IPL) manages to pull off those electrifying matches with flawless precision? Well, besides the dazzling sixes and breathtaking catches, there's a whole lot of behind-the-scenes action that makes it all possible. Let's find out how Logistics and Supply Chain Management Software ensures seamless operations.

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Any ERP won’t do

IT Supply Chain

By Don Valentine (pictured) Commercial Director, Absoft The post Any ERP won’t do appeared first on IT Supply Chain.

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Generative AI and Supply Chain Planning

Adexa

Generative AI and Supply Chain Planning In a recent survey by Gartner more than one third of the respondents indicated that improving decision making robustness, speed and quality are their top three goals. Furthermore, 85% of business leaders have experienced decision stress, and three-quarters have seen the daily volume of decisions they need to make increase tenfold over the last three years.

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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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The Top Eight Supply Chain Technology Trends from Gartner

Supply Chain Digest

AI Looms Large, Impacting Other Trends and as a Trend itself

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Barber Brands frees up time and cash with StockTrim

StockTrim

Steve Wilson has been selling grooming products for men since 2009 and was early to recognize the growing interest in this market. He established a successful retail business in New Zealand before joining forces with international company Barber Brands about five years ago.

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Vital Baltimore Bridge Collapses After Being Struck by Ship

Supply Chain Brain

The early morning disaster at the Francis Scott Key Bridge will cause huge disruption — both for shipping at one of the busiest ports on the U.S. East Coast and on the roads.

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Maximize Logistics Efficiency with MercuryGate TMS Health Check

MercuryGate

Underutilizing your TMS is akin to leaving money on the table. Whether it's new employees, business initiatives, or you want to renovate your transportation strategy, as your business adapts to changes, so must your TMS. The post Maximize Logistics Efficiency with MercuryGate TMS Health Check appeared first on MercuryGate International.

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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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E-SMART Reports 100% Reduction in Bridge Strikes on Roads From Pair of Carriers

Supply Chain Brain

E-SMART's technology uses geo-fenced data along with GPS to find out when a tractor is on a road with a bridge under 13 feet and six inches.

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Customer Loyalty in the Age of the ‘Zero Consumer’

Saleswarp

Customer loyalty is a nuanced concept. McKinsey and Company coined the term “zero consumers” to describe a new type of shopper – one with little patience, zero brand loyalty, and a strong preference for convenience. SAP Emarsys’ 2023 Customer Loyalty Index survey shed light on the evolving landscape of customer loyalty. The survey, encompassing more than 10,000 consumers globally, reveals a decline in brand loyalty from 79% to 68%.

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Ford, GM Divert Shipments as Bridge Collapse Upends Supplies

Supply Chain Brain

Baltimore for years has been the top U.S. vehicle-handling port, with more than 847,000 cars and light trucks processed through there last year.

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Customer Loyalty in the Age of the ‘Zero Consumer’

Saleswarp

Customer loyalty is a nuanced concept. McKinsey and Company coined the term “zero consumers” to describe a new type of shopper – one with little patience, zero brand loyalty, and a strong preference for convenience. SAP Emarsys’ 2023 Customer Loyalty Index survey shed light on the evolving landscape of customer loyalty. The survey, encompassing more than 10,000 consumers globally, reveals a decline in brand loyalty from 79% to 68%.

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More Than 40 New Manufacturers Join Configura’s Platform in 2023

More than 40 manufacturers across the commercial interior, material handling, and kitchen and bath industries expand offers via Configura’s CET platform in 2023.

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Incident at Baltimore Bridge Wasn't First Crash for Dali Container Ship

Supply Chain Brain

According to Vessel Finder, the Dali hit a stone wall at the port of Antwerp in Belgium on its way to Bremerhaven in 2016.

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Discover the Leading Retail Media Networks Of 2024

Cognira

Discover the Leading Retail Media Networks Of 2024 March 26, 2024 Promotions With the rise of online shopping, brands are seeking innovative strategies to captivate the attention of consumers navigating the digital marketplace. Enter Retail Media Networks – the driving force behind modern retail promotions. These networks are the go-to tools for retailers and brands looking to connect with customers, boost retention rates, and more.

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Five Reasons to Slash Plastics in Packaging

Supply Chain Brain

Fortunately, there is a ready-to-use (and simple) solution that can virtually eliminate the use of plastics in many types of packaging.