Wed.May 10, 2023

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China is Moving to Mexico with Jorge Gonzalez Henrichsen

The Logistics of Logistics

Jorge Gonzalez Henrichsen and Joe Lynch discuss why China is moving to Mexico. Jorge is Co-CEO of The Nearshore Company , where he helps North American, European, and Asian manufacturing companies to successfully establish reliable manufacturing operations in Mexico. About Jorge Gonzalez Henrichsen Jorge Gonzalez Henrichsen is Co-CEO of The Nearshore Company, where he helps North American, European, and Asian manufacturing companies to successfully establish reliable manufacturing operations i

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Getting Started with AI in Supply Chain Management (Lessons from the Past)

Talking Logistics

As I highlighted last week in “Negotiating With A Chatbot: A Walmart Procurement Case Study,” despite all the hype surrounding Artificial Intelligence (AI), relatively few companies are using AI in their supply chain or logistics operations today. Simply put, we’re still in the very early adopter stage. When it comes to adopting AI in supply. Read more The post Getting Started with AI in Supply Chain Management (Lessons from the Past) appeared first on Talking Logistics with Adrian Gonzalez.

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Unlocking the Collective Potential of Supply Chain to Drive Productivity

John Galt

In this blog, we share insights from the opening keynote at the 2023 Gartner Supply Chain Symposium in Orlando.

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Demand forecasting in the new normal: Part 3

SYSPRO Smarter ERP

As supply chain operations continue to evolve rapidly, organisations continuously seek ways to leverage deep consumer insights by incorporating a wide range of variables in their demand planning process. In the previous post, we discussed how organisations have been utilizing additional tools to maintain effectiveness in their demand planning process.

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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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Overcoming Supply Chain Challenges in 2023

Supply Chain Brain

The priorities of supply chain managers are changing. The ultimate goal today is customer centricity.

More Trending

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U.S. Supply Chain Professionals Saw Salaries Increase in 2022

Supply Chain Brain

The median salary for U.S.-based supply chain professionals rose to $98,570 in 2022, a 3% increase when compared to 2021.

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Understanding business networks & how they are transforming supply chains

IT Supply Chain

By Tony Harris (pictured) SVP & Chief Marketing and Solutions Officer, SAP Business Network The post Understanding business networks & how they are transforming supply chains appeared first on IT Supply Chain.

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Meditation and Mindfulness this May

BlueYonder

Welcome to May, which is National Meditation Month. This month is dedicated to focusing on your body, mind, and soul through the practice of meditation. In honor of the month, Blue Yonder hosted a webinar for its associates with Headspace, one of the many benefits afforded to associates. If you are not familiar with Headspace they offer science-based mindfulness and meditation tools.

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Treasurers’ role in mergers, acquisitions & divestitures session

Taulia

Blog Expert Advice 8 min read 10 May 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard Treasurers’ role in mergers, acquisitions & divestitures session In this article, we’ll share some key takeaways from the most recent Taulia Treasury roundtable on mergers, acquisitions, and divestitures.

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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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Requis Announces Partnership with ProcureScape

Requis

Requis , a SaaS platform that brings transparency, innovation, and simplicity to capital project procurement, today announces a partnership with ProcureScape, a platform focused entirely on the procurement and supply chain ecosystem. ProcureScape is the go-to resource for executives and senior procurement professionals. More importantly, this platform is a thought-leadership forum providing insight into the problems and solutions for the evolving procurement and supply chain landscape.

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The Ins and Outs of On-Demand Delivery: What It Is and How It Operates

Locus

Meet Sarah , a hardworking professional who returns home after a long day at work to an empty fridge. But fear not! She remembers her trusty on-demand delivery app for groceries. With a swift tap on her smartphone, Sarah embarks on an exciting shopping adventure. She scrolls through a selection of grocery stores, adding an assortment of items to her cart.

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Watch: How Will Supply Chains Be Impacted by Economic Uncertainty?

Supply Chain Brain

Andrea Sordi, lecturer in the Supply Chain Management Department of the University of Tennessee, discusses how retailers are transforming their supply chains in the face of a possible recession.

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Reducing Inventory Costs & Maximizing Profit Margins

RFgen

The ability to control costs is critical for effective inventory management. Spend that gets out of control can signify poor operational and organizational health. Companies that lag in technology may not be aware that their profit margins are suffering. Obsolete software and unchecked processes are often to blame. Regaining control over your inventory can make your warehouse and shop floor more efficient.

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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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Expanded Functionality for Vendor Management - Set Up a Precise Approval Process to Ensure Supplier Quality

Precoro

Supplier Management is an ongoing process that starts with onboarding suppliers and continues indefinitely. You consistently need to gather required information about potential suppliers, go through a long-lasting approval process with different departments, cultivate long-term relationships with vendors, and keep track of their reliability. With a credible ally, all of these operations can be much easier.

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DoL Photos Show Children Illegally Working in U.S. Slaughterhouse

Supply Chain Brain

In February, the labor department fined PSSI $1.5m for employing at least 102 children ages 13 to 17 across 13 meat-packing plants in eight states.

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Protective packaging roundup

Supply Chain 24/7

Here are four great new ideas for getting the most out of protective packaging. Be sure to read all the way through—Walmart doesn’t often lend its name to someone else’s product.

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Buying Guide for S2P Solutions for Global Defense Companies

HICX Solutions

This Buying Guide for Aerospace & Defense organizations looks at how to create an integrated global and centralized source-to-pay (S2P) solution, in a heavily regulated and highly decentralized environment. Despite the challenges, there is a lot of synergy to be gained by deploying a global solution. However, to be successful, defense organizations should be wary of traditional approaches pushed by S2P suite vendors and the respective implementation consultants.

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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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Lift truck computing: Practicality reigns supreme

Supply Chain 24/7

New operating systems and form factors aside, forklift computing gear needs to match conditions and save time for operators.

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Cost Savings Through Reverse Auction Software in Purchasing

ProcurePort

In the world of purchasing, every dollar counts. Companies are always looking for ways to optimize their procurement processes and achieve cost savings to improve their bottom line. One tool that has gained considerable attention in recent years is reverse auction software. By leveraging this technology, businesses can streamline their purchasing operations, enhance supplier competition, […] The post Cost Savings Through Reverse Auction Software in Purchasing appeared first on ProcurePort

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EDI Connections: What You Need to Know

Freight Plus

Electronic Data Interchange (EDI) has revolutionized the way organizations exchange business information, enabling seamless communication and enhanced efficiency. In this article, we will explore the fundamental aspects of EDI, including its history, specifications, and standards, providing a comprehensive overview of this technology. Additionally, we’ll cover the common misconceptions about setting up an EDI connection with […] The post <strong>EDI Connections: What You Need to Kn

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Implementing Strategic Sourcing Software: The Initial Steps

ProcurePort

• Improved Cost Efficiency: Strategic sourcing software enables businesses to analyze and optimize their procurement processes, resulting in significant cost reductions and improved supplier negotiation outcomes. • Enhanced Supplier Collaboration: By streamlining communication and fostering transparency, strategic sourcing software strengthens relationships with suppliers, leading to better collaboration, risk mitigation, and long-term partnerships.

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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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VASP Model Validation

Exiger Perspectives

In the wake of high-profile bank collapses and increased regulatory scrutiny, banks are more reluctant to open their doors to virtual asset service providers (“VASPs”). For risk wary banks, VASPs with strong financial crime compliance (“FCC”) programs are among the most appealing customers in the cryptocurrency industry. But it can be tricky for VASPs to determine what a sound FCC program should look like, particularly in areas such as model validation, where regulatory requirements are not alw

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New FourKites Capabilities Bolster Global Air Freight Visibility

Supply Chain Brain

FourKites launched several capabilities to bolster global air freight visibility including new dashboards, data comparison tools, split shipment features, booking functions and air shipment mechanisms.

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Blue Yonder ICON: Preparing for a New Tomorrow

Logistics Viewpoints

I spent the better part of last week in Las Vegas, NV attending the Blue Yonder ICON customer conference. This was the first time I have attended a Blue Yonder conference in person since 2019, which feels like a lifetime ago. The conference certainly did not disappoint, as there were hundreds of sessions, interesting keynotes, and a private concert with Mr.

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Europe Gas Extends Drop With Record Amounts of LNG Idling at Sea

Supply Chain Brain

Aggregated speed for the global LNG vessel fleet has declined, going from an average of about 14 knots for April in previous years, down to 13 knots in April 2023.

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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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ERP Master Data: A Guide to Improve Quality & Governance

SCMDOJO

In today’s fast-paced business world, organizations are increasingly relying on technology to streamline their operations and stay competitive. One such technology that has gained immense popularity in recent years is Enterprise Resource Planning (ERP) systems. ERP is a broad term that encompasses the financial, manufacturing and distribution capabilities of a company.

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Macquarie Seeks Buyer for Ceres Terminals

Supply Chain Brain

Macquarie is looking for $1 billion for the business but strategic buyers in the shipping sector may be limited.

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The Procurement Digital Transformation of Club del Sole with JAGGAER

Jaggaer

The post The Procurement Digital Transformation of Club del Sole with JAGGAER appeared first on JAGGAER.