Thu.Jun 22, 2023

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Causal Artificial Intelligence and Supply Chain Performance

Enterra Insights

Supply chain professionals have always depended on forecasting to help them balance supply and demand. With the maturation of artificial intelligence (AI) systems, predictive analytics have grown in importance. The difference between traditional forecasting and predictive analytics is granularity. The staff at Predictive Analytics World explains the difference this way: “Predictive analytics [goes] beyond standard forecasting by producing a predictive score for each customer or other organizatio

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Chamber of Commerce Welcomes Medical Supply Chain Resilience Act

Supply Chain Brain

The Medical Supply Chain Resiliency Act would allow the establishment of trusted trade partnerships to diversify the sourcing and procurement of medical devices as well as pharmaceuticals.

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Strategic trends

Supply Chain Movement

Many companies around the world are currently in the midst of a strategic repositioning. The choices they make will determine whether they survive the coming decade of innovations, uncertainties and changes, or will be obliterated or acquired by competitors. The once-mighty conglomerate General Electric, built up by industrial icon Jack Welch, is being subdivided into three distinct companies, for example, because the various corporate structures, business models and supply chains have become so

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France’s transatlantic sail-powered cargo revolution should put the wind up Brits

IT Supply Chain

By David Jinks M.I.L.T. (pictured) Head of Consumer Research, ParcelHero The post France’s transatlantic sail-powered cargo revolution should put the wind up Brits appeared first on IT Supply Chain.

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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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Shein Eyes Overseas Expansion to Shift Supply Chain Beyond China

Supply Chain Brain

The company will launch an online marketplace in Mexico followed by rollouts in Germany, Spain, France and Italy during the third quarter of 2023.

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Innovative Supply Chain Center Solution Launched in Illinois

Supply Chain Brain

The center will cater to the state’s SMMs and OEMs, providing them with the tools and services needed to strengthen their supply chains.

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Symbiosis & Synergy: Consulting, ERP Systems, and Inventory Management

RFgen

In today’s complex, fast-paced supply chain, well-oiled operations are essential. With the need to pivot quickly, organizations must remain flexible to adapt to ever-changing conditions. To make that happen, people, processes, and technology must gel into one symbiotic ecosystem. Unlocking the synergy between consulting services, ERP systems, and inventory management is the key to creating a powerhouse of efficiency.

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Alcott Global Reveals the Nominees for the Leaders in Supply Chain Awards 2023

Supply Chain Brain

The latest supply-chain news, analysis, trends and tools for executives in the supply chain management industry.

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Central banks fail to learn the lesson of history… again

IT Supply Chain

By Oliver Chapman (pictured) CEO, OCI The post Central banks fail to learn the lesson of history… again 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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5 Capabilities That Every Supply Chain Solution Must Offer

ThroughPut

Building Robust Supply Chains that are Equipped to Overcome Tomorrow’s Business Challenges According to Gartner ’s recent survey, only 21% of organizations are confident of operating with a highly resilient supply chain network. And high resilience here translates into good visibility and the agility to shift sourcing, manufacturing and distribution activities around swiftly and rapidly.

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

Supply Chain Matters

We wanted to alert our Supply Chain Matters readers to an upcoming special and rather timely podcast episode that publishes next week. Once again, our invited guest for our upcoming episode will be Professor Yossi Sheffi, Professor of Engineering 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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Can I Replace Excel? 3 Business Activities You Can Streamline Without Spreadsheets

TrackVia

For years, Microsoft Excel has been the go-to tool for businesses when it comes to data manipulation and analysis. Its powerful features have made it a staple in offices worldwide, but times are changing. While Excel remains an excellent resource for specific applications, there are more efficient alternatives available that can streamline many business activities.

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Highlights of Kinaxis 2023 Annual Customer Conference

Supply Chain Matters

Supply Chain Matters provides highlights of supply chain planning and execution orchestration provider Kinaxis’s annual customer conference held both physically in Nashville, Tennessee , and virtually livestreamed. Kinexions23 turned out to be the most well attended event in this tech provider’s history, with upwards of 730 attendees in Nashville , and hundreds more streaming online.

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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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Achieve Flawless Transporter Management Without APIs | Locus Transporter Management

Locus

Transporters serve as the backbone for successful delivery companies when it comes to long-haul, multi-day deliveries. Without these vital links in the supply chain, many organizations would struggle to grow their business. However, transporters face a call on their business growth as many of their systems lack tech and API capabilities, necessitating time-consuming manual coordination with intersted businesses.

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Collaboration & Pull Flow: Long Lead Times in Supply Chain

Demand Driven Technologies

Implicitly, when we think to pull flow, Kanban, for example, we think of short lead time. We trigger the next supply to renew consumption, so this implies a rapid reaction time, doesn’t it? On the other hand, for components with long lead times – say, for example, an item with a replenishment lead time of.

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From Supply Chains to Bike Chains: Teamwork and Community Service at Tecsys

Tecsys

As we move further into 2023, the spirit of teamwork and community service at Tecsys continues to thrive, even as the world around us evolves and our team has shifted to a remote-first working environment. The culture of camaraderie and community-mindedness that has been a hallmark of Tecsys for years has not only persisted but has grown stronger, proving to be a resilient force within the organization.

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Solvoyo Earns G2 High Performer Badges for Multiple Categories

Supply Chain Management and Analytics

Solvoyo, a leading provider of intelligent supply chain planning and optimization solutions, has recently been recognized by G2, the world’s largest tech marketplace, with multiple High Performer badges in Supply Chain Suites, Supply Planning, Demand Planning, Enterprise Supply Chain Planning, and Users Love Us categories. G2’s recognition of Solvoyo’s supply chain suites further establishes the … Continue reading "Solvoyo Earns G2 High Performer Badges for Multiple Categories" The post Solvoyo

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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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7 Ways to Drive Sales and Increase Profit in the Manufacturing Industry

IT Supply Chain

By Srdjan Gombar (pictured) Veteran Content Writer The post 7 Ways to Drive Sales and Increase Profit in the Manufacturing Industry appeared first on IT Supply Chain.

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Improve Augmented Reality Accuracy with Machine Learning

DELMIA Quintiq

What is Machine Learning? It is a branch of artificial intelligence that focuses on creating algorithms that allow computers to learn from data. Unlike traditional programming, where the computer follows specific instructions to perform a task, machine learning helps the computer to learn from experience. The process begins by acquiring data used to train a model.

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IT & Business: A Symbiotic Relationship

IT Supply Chain

By Jessica Sweet (pictured) Content Writer at makeLifeSweeter.com The post IT & Business: A Symbiotic Relationship appeared first on IT Supply Chain.

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Hanjin sends shippers scrambling…

NC State SCRC

Hanjin bankruptcy gives shippers crash course in risk mitigation The bankruptcy of Hanjin Shipping will have shippers scrambling for transport alternatives during Peak Season, as global seaports also struggle to find ways of mitigating the impact of this colossal event. “logistics managers should be cancelling bookings with Hanjin Shipping” Rick Bridges, Roanoke Trade Insurance Hanjin operates 98 container ships totalling 600,000 twenty-foot equivalent units (TEUs), 11 port terminals and 74 depl

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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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Supply Chain by the Numbers for June 22, 2023

Supply Chain Digest

US Truck Tonnage Rises in May. Port of LA Wants to Gain Back Share. US Manufacturing Output Weak in May.

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NC State SCRC

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Supply Chain Graphic of the Week on Cell Phone Usage Shows Big Downtowns in Trouble

Supply Chain Digest

Cell Traffic in Many Cities a Fraction of PrePandemic Levels

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Let’s Talk Warehouse Automation ROI

Amware Logistics and Fulfillment

An ROI on warehouse automation isn’t always automatic. Companies need to do their homework before flipping the switch. That due diligence process was one of several aspects of warehouse automation ROI discussed during a recent episode of the Unboxing Fulfillment Podcast. Host Chad Warzecha tackled the issue during a conversation with Lori Gibson, Director of Consulting Services at Hy-Tek Intralogistics Consulting.

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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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ZIM American to Expand Headquarters in Virginia

Supply Chain Brain

Virginia was able to beat out several other states for the project which will create “several hundred jobs” over the next five years, according to Governor Glenn Youngkin.

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Maersk tackles flexibility and variability with innovation

Supply Chain 24/7

With a focus on predictability and effiency, Erez Agmoni, Maersk’s head of global innovation, is adding new technologies to Maersk’s toolbox.

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South Africa Plans $1.5bn Water Fund with Climate Finance

Supply Chain Brain

The Development Bank of Southern Africa has applied to the South Korea-based Green Climate Fund for $235 million, according to documentation on the fund’s website.