Tue.Jun 27, 2023

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Creating a Conscious Supply Chain

Logistics Viewpoints

Across enterprises and boardrooms, companies are looking for solutions that not only address their business today, but the world around them tomorrow. Investors, customers, and other stakeholders are paying closer attention to the companies they do business with, asking that they not only make decisions that improve operations, but also decrease the negative effect on their environment and community: a supply chain with a conscience.

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The Top 7 Tangible Benefits of Automating Dock & Yard Operations

C3 Solutions

With the complexities and dynamism of the logistics industry, automation in the yard and dock management is no longer a luxury but a necessity to ensure success for the supply chains. By utilizing innovative technology to handle tasks traditionally done manually, businesses can enhance efficiency, improve accuracy, and adapt quickly to changes. To better understand the power of automation in this context, here are the top 7 tangible benefits.

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Watch: How Artificial Intelligence Is Revolutionizing the Supply Chain

Supply Chain Brain

Artificial intelligence is revolutionizing the supply chain, and Microsoft's entrant is Dynamics 365 Copilot, says Mike Bassani, general manager for supply chain at Microsoft.

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Defining Supplier Development

QAD

Supplier development refers to the collaborative efforts aimed at enhancing the capabilities and competitiveness of crucial and strategic suppliers. The objective is to improve various aspects such as cost, quality, cycle times and technology for the mutual benefit of both the manufacturer and the supplier. Supplier development can take a systematic and strategic approach to enhance overall supplier performance or focus on improving specific supplier capabilities.

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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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ResGreen and ProGlove Agree to Technology Partnership

Supply Chain Brain

ResGreen will integrate its BotWay Software and LilBuddy AMRs into ProGlove’s wearable hands-free barcode scanners, increasing the productivity of supply chains, assembly lines and logistics centers.

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How Logistics and Supply Chain Careers Allow You “To Leave Your Mark,” Part 1

BlueYonder

In honor of National Logistics Day, which is June 28, I share a recap of a conversation I recently had with my colleague Ann Marie Jonkman , who leads Blue Yonder’s 3PL Industry Strategy. Ann Marie shares highlights from her logistics career and what she has treasured the most from it. Also, she and I discuss “ Current and Future Logistics Trends ” with Part 2 of that conversation coming soon.

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Will Food & Beverage Sales Skyrocket or Fizzle This 4th of July?

IT Supply Chain

By Glenn Koepke (pictured) GM of Network Collaboration at FourKites The post Will Food & Beverage Sales Skyrocket or Fizzle This 4th of July? appeared first on IT Supply Chain.

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How Machine Learning Optimizes the Supply Chain

TransAudit

The supply chain, an integral part of modern commerce, continues to evolve, learning from the impacts of industry trends and global events over the years. One of the most profound technologies influencing this evolution is machine learning (ML), a subset of artificial intelligence (AI) that’s proving instrumental in enhancing various areas of supply chain operations.

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ParcelHero’s Top Three Trade Secrets for Posting Parcels to the USA for 4 July

IT Supply Chain

By David Jinks M.I.L.T. (pictured) Head of Consumer Research, ParcelHero The post ParcelHero’s Top Three Trade Secrets for Posting Parcels to the USA for 4 July appeared first on IT Supply Chain.

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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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How Do Mergers and Acquisitions Impact Supply Chains?

Resilinc

Resilinc’s 24/7 monitoring system, EventWatch AI , is designed to track over 50 types and 400 sub-types of supply chain disruptions. This includes extreme weather events, cyberattacks, labor issues, and industrial accidents, to name a few. When receiving EventWatch AI alerts, clients are often surprised to find that Mergers & Acquisitions (M&As) are a frequently occurring disruption in their inboxes.

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Requis’ public API banishes data silos to improve capital procurement projects

Requis

Requis’ Public API resolves data silos and provides Energy, Construction, and Manufacturing industries a way to connect relevant data for reduced risk and higher ROI. Data is the lifeblood of any capital procurement project. No matter the industry, the ability to source suppliers and materials using accurate, reliable data makes all the difference in reducing risk, ensuring safe operations, and avoiding major financial setbacks during your project.

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TRADES: A Framework for Modern Third-Party and Supply Chain Risk Management

Exiger Perspectives

Exiger’s Proprietary TPRM & SCRM Framework THE ESSENTIAL ELEMENTS OF A MODERN ENTERPRISE THIRD-PARTY AND SUPPLY CHAIN RISK MANAGEMENT FRAMEWORK. Exiger’s propriety TRADES framework allows organizations to achieve supply chain resiliency and optimize risk management at any phase of maturity. The TRADES framework simplifies the third-party and supply chain risk management process and reflects the complexity and evolving nature of today’s threat landscape.

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Supply Chain Matters Podcast Episode 22: Supply Chains, AI and the Future of Work

Supply Chain Matters

Supply Chain Matters announces the availability of our latest podcast episode titled Supply Chains, AI and the Future of Work. Our invited thought leader guest is Doctor Yossi Sheffi, the Elisha Gray Professor of Engineering Systems at the Massachusetts Institute of Technology (MIT) where he also serves as long time Director for the MIT Center for Transportation and Logistics (CTL).

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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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Shippers: Have you considered contracted or outsourced fleets?

Locus

Transportation networks form the vital nerve center for every delivery-focused organization. Even the industry’s titans, who boast sizable in-house fleets, often find themselves outsourcing orders to third-party carriers due to overwhelming volumes and the absence of logistical infrastructure in specific areas and countries. However, it’s not merely these reasons that should prompt delivery organizations to consider strategic partnerships with external transport providers.

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BR Williams Hosts 2nd Annual Forklift Safety Event in Commemoration of National Forklift Safety Day

BR Williams Supply Chain Management

The 2nd Annual Forklift Safety Event emphasizes the significance of safety in forklift operation and reinforces BR William’s commitment to excellence in the warehousing, distribution, and fulfillment and supply chain industry. Oxford, AL – June 13th , 2023 – BR Williams, a leading provider of trucking, warehousing and logistics services, is proud to announce the successful celebration of the 2nd Annual Forklift Safety Event in honor of National Forklift Safety Day.

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Top Three Trade Secrets for Posting Parcels to the USA for 4 July

IT Supply Chain

By David Jinks M.I.L.T. (pictured) Head of Consumer Research, ParcelHero The post Top Three Trade Secrets for Posting Parcels to the USA for 4 July appeared first on IT Supply Chain.

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The Key to Effective Vendor Selection in Transportation Logistics Technology

Talking Logistics

In software development, there is an adage that if you identify and correct a bug in early-stage design, it costs you a penny, a nickel in development, a dime in test, and after release, a dollar. Essentially, the later you identify a bug, the more costly it is to fix; therefore, organizations adept at building. Read more The post The Key to Effective Vendor Selection in Transportation Logistics Technology appeared first on Talking Logistics with Adrian Gonzalez.

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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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June 27, 2023 Update

Freightos

Blog " * " indicates required fields Email * More Resources Home June 27, 2023 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. Judah Levine June 27, 2023 Unbox your Freight knowledge.

Asia 156
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Supply Chain News on Annual ATRI Study Finds Truck Operating Costs Went above Two Dollars per Mile in 2022

Supply Chain Digest

Soaring Fuel Costs Big Part of the Story but not All

Study 32
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How to Promote Sustainability in the Distribution Industry

Supply Chain Brain

As consumers demand more sustainable practices, and governments increase regulations, businesses must promote environmental responsibility, and change how they operate.

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Benchmark Ocean Freight Container Rate to Avoid Overpaying

I.C.E. Transport

Over the past year, we’ve seen container rates plunge more than 75% due to slackening demand for capacity. If you’re a global shipper – large or small – you’re likely already reaping the benefits as ocean carriers and freight forwarders slash their prices to match market rates. But how do you know if you’re getting the best deal?

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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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Hungarian Minister Warns Against China 'De-Risking'

Supply Chain Brain

“Political leaders in Europe. are interested in so-called decoupling or de-risking. Which, to be honest, according to our understanding, would be [economic] suicide,” said Hungary’s Foreign Minister.

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Why Transportation Cybersecurity is a Team Sport

MercuryGate

When it comes to protecting internal data and systems from hackers, security relies on all of us working together. Transportation cybersecurity threats are everywhere and constantly evolving. No industry is less a target than any other. If a cybercriminal can find a way in, they’ll take it. The post Why Transportation Cybersecurity is a Team Sport appeared first on MercuryGate International.

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What to Consider Before Making Generative AI a Part of Your Procurement Strategy

Supply Chain Brain

Generative artificial intelligence is coming, and the ability of procurement organizations to adopt it quickly, safety and securely could be key to their success in 2023 and 2024.

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Making the Case for E-commerce Order Management

Tecsys

E-commerce order management plays a pivotal role in ensuring operational efficiency, inventory accuracy and customer satisfaction.

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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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European Gas Advances as Market Focuses on Outages, Hot July

Supply Chain Brain

"Temperatures above the norm across Europe could potentially increase energy demand for cooling purposes,” said Energi Danmark in a note.

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What Does it Mean When a fit Disappears and Reappears?

Veridian Solutions

When you satisfy some guy online and the guy pulls the ol’ Houdini vanishing work, there are a number of explanations that might supply insight into their conduct. Initially, why don’t we establish an online relationship guideline: such a thing goes and no one needs to apologize on their own. Just because you are chatting with other bi a match and circumstances appear to be heading well, it does not guarantee you a date, let alone a long-term relationship.

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Loadsmart Introduces A.I. to Its Freight Management Platform

Supply Chain Brain

The new feature enables shippers to interact with the ShipperGuide platform “as if they were talking to colleagues,” according to a statement from Loadsmart.

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