Tue.Jul 18, 2023

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Three Ways Generative AI will Empower Supply Chain Decision Making  

Logility

AI, Artificial Intelligence, is a word being thrown around these days to garner attention with little regard for if the usage is accurate. The true trending conversation is deeper and specific to Generative AI. But what does Generative AI really mean, especially for Supply Chain Planning? Let’s start at the foundation of artificial intelligence. AI is a computer algorithm that behaves like biological intelligence based on historical data and information.

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ToolsGroup and Optilon Celebrate 15 Years (and Counting) of Partnership and Supply Chain Delivery Excellence

ToolsGroup

Over 60 companies have benefited from the close collaboration and supply chain expertise of these two industry powerhouses – who show no signs of slowing down. BOSTON and STOCKHOLM – July 18, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, and Optilon, the leading supply chain solution consulting organization in the Nordics, are proud to celebrate 15 years of partnership, collaboration, and delivery excellence in the realm of supply chain managem

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Water is as Important to Some Industries as Electricity

Enterra Insights

In Samuel Taylor Coleridge’s “ The Rime of the Ancient Mariner ,” the bard describes the distress of mariners floating upon a windless ocean under a withering sun and running out of supplies (including water). One of the most famous stanzas from that poem is: Water, water, everywhere, And all the boards did shrink; Water, water, everywhere, Nor any drop to drink.

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Why Planning Forecasts Are Wrong and What You Can Do About It

Arkieva

Predicting the future is difficult, yet forecasting remains a critical tool for businesses to plan and prepare for what lies ahead. Why Planning Forecasts Are Wrong and What You Can Do About It was first posted on July 18, 2023 at 10:06 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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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: How Chief Supply Chain Officers Bring Competitive Advantage to Business

Supply Chain Brain

Pierfrancesco Manenti, Gartner vice president analyst, says "commercial innovation" refers to the efficiencies that chief supply chain officers bring to the provider and to the customer.

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A Quick Guide to Fleet Security: Ensuring the Safety of Your Vehicles and Assets

IT Supply Chain

By Jessica Sweet (pictured) Content Writer at makeLifeSweeter.com The post A Quick Guide to Fleet Security: Ensuring the Safety of Your Vehicles and Assets appeared first on IT Supply Chain.

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Inflation is Inflicting Pain on Supply Chains. Here’s How to Ease It.

Supply Chain Brain

As inflation lingers, the tough times for the freight industry are likely to continue. But shippers and carriers have the power to combat rising costs.

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Why Should You Review Your Distribution Network?

Logistics Bureau

There are things that make your distribution no longer efficient. If you haven’t looked at your distribution in the last 5 years or so. I urge you to review it! Watch the video below to find out why! Related articles on this topic have appeared throughout our website, check them out: How to Operate Your Distribution Truck Fleet at Less Cost The 7 Principles of Warehouse and Distribution Centre Design 7 “Costequences” of Distribution Network Misalignment Do You Know the Signs of Poor Distri

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Near-sourcing drives need for flexible space

IT Supply Chain

By Steve Purvis (pictured) Managing Director, Bis Henderson Space The post Near-sourcing drives need for flexible space appeared first on IT Supply Chain.

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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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PFAS Lawsuits and Legislation: Supply Chain Impact

Resilinc

As waves of lawsuits are filed against PFAS manufacturers like 3M and DuPont, businesses and consumers are raising questions about safety and health concerns. For decades PFAS chemicals have not only found their way into everyday home products, from skincare to clothes and cookware to carpet, but also into drinking water for entire cities. There’s another place where PFAS can be found, too—our supply chains.

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Why You Should Look Into the AI Black Box

BlueYonder

As retailers invest in their commerce transformations and put their trust in the power of artificial intelligence (AI), they need to ensure their whole organization is aligned to make the best use of it. Historically, the decisions and logic of AI has been somewhat of a mystery to the stakeholders and those who are putting trust in AI. When the “black box” is turned into glass box, an organization gains confidence and clarity.

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Report- Hewlett Packard Modifying Global Sourcing Strategy

Supply Chain Matters

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. Background Within our research arm’s January 2023 published advisory, 2023 Predictions for Industry and Global Supply Chains ( available for complimentary download in our Research Center ) , we included a prediction that manufacturers would seek more direct control and added resiliency of their component or outsourced prod

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Supply Chain News on Annual Deloitte CPO Survey Finds Orchestrators of Value have Big Performance Edge

Supply Chain Digest

What Tactics do CPOs Think Drive the Most Value

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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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U.K. Set to Win Battle for Electric Jaguar and Land Rover Battery Plant

Supply Chain Brain

Tata previously considered building its battery site in Spain, but a decision favoring the U.K. will help to secure the future of JLR’s plants in its traditional home market.

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Tecsys Names Vito Calabretta as Chief Customer Officer

Tecsys

Calabretta’s appointment is in support of Tecsys’ expanding commitment to customer success and customer lifetime value.

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Amazon Reports First Drop in Its Greenhouse Gas Emissions

Supply Chain Brain

In a sustainability report, the company said its carbon emissions fell by 0.4% from 71.54 million metric tons in 2021 to 71.27 million metric tons in 2022.

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VIDEO: Custom Packaging is Key to Success for Skincare Company, Seacret

Amware Logistics and Fulfillment

Seacret is a direct sales company that markets premium skincare products made from ingredients from the Dead Sea. Check out this short video to see how Amware Fulfillment’s custom packaging services help deliver products to Seacret customers in pristine condition – every time.

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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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Costa Rica Forms Semiconductor Partnership with the U.S.

Supply Chain Brain

The U.S. Department of State said the two countries will explore opportunities to diversify and expand the global semiconductor market.

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Final Mile Logistics Landscape: Meeting Modern Demands for Service

MercuryGate

In the evolving world of logistics and transportation, change is the only constant. Navigating the complex final mile logistics landscape requires a keen understanding of relationships, an ongoing commitment to transparency and visibility, and the ability to adapt to increasingly high service expectations. The post Final Mile Logistics Landscape: Meeting Modern Demands for Service appeared first on MercuryGate International.

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Teamsters Head Asks White House to Not Interfere in Potential UPS Strike

Supply Chain Brain

During a July 16 webcast, Teamsters president Sean O’Brien said that he asked the White House to stay away on numerous occasions.

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5 Compelling Reasons for Retailers to Choose a Composable Order Management System

Tecsys

Here are five compelling reasons why a retail organization should consider a composable order management system as part of their digital transformation project.

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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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Global Logistics Market to Exceed $16T by 2032, Study Finds

Supply Chain Brain

The global logistics industry generated $9.83 trillion in 2022, meaning the sector will experience a compound annual growth rate (CAGR) of 5.6% from 2023 to 2032.

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Prepare for the Future of Manufacturing Today with an Adaptive ERP

QAD

Change is coming whether we like it or not, and it’s usually something I welcome in manufacturing. It’s the reason our industry can transform raw materials into 30,000 different components and piece them together to make a modern vehicle. New technologies, complex processes and mankind’s incredible ability to solve problems have led to countless innovations that make our everyday lives richer, but there’s no denying that change also has a downside.

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Oilfield Services (OFS) Market in 2023 and Beyond

Maine Pointe

Explore the challenges and opportunities in the 2023 oilfield services market. Learn strategies to navigate headwinds and maximize tailwinds for success.

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[VIDEO] LabCentral Powers Scientific Achievement Through Procurement

Jaggaer

Watch this video to see how Tealbook and JAGGAER are partnering together to deliver AI-powered, automated supplier data.

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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How AI Transforms your writing Skills

IT Supply Chain

By Judd Trump (pictured) Professional Content Writer The post How AI Transforms your writing Skills appeared first on IT Supply Chain.