Wed.Oct 25, 2023

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Mobile Technology is Disrupting Supply Chain Management and Productivity

IT Supply Chain

By Rob Jackson (pictured) Content Writer The post Mobile Technology is Disrupting Supply Chain Management and Productivity appeared first on IT Supply Chain.

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How Is AI technology Impacting The Logistics Industry Today?

Talking Logistics

Last month, Descartes Systems Group (a Talking Logistics sponsor) held its “2023 Descartes Innovation Forum for Broker, Forwarder and Customs.” I served as a panelist on a session titled, “AI in Logistics Technology – Ally or Adversary?” I was joined on the virtual stage by Nelson Cabral, National Customs Manager at DSV Air & Sea. Read more The post How Is AI technology Impacting The Logistics Industry Today?

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Mexico Transportation Risk with Mark Vickers

The Logistics of Logistics

Mark Vickers and Joe Lynch discuss Mexico transportation risk. Mark is the Executive Vice President and Head of International Logistics at Reliance Partners , one of the nation’s fastest-growing commercial insurance agencies. Reliance Partners’ Borderless Coverage is a global insurance program designed to protect businesses of all sizes from the risks associated with international operations.

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2023 Holiday Logistics Guide

Logistics Viewpoints

The leaves are changing, the mornings and nights are getting cooler, Halloween is less than a week away, and Amazon, Target, Walmart, and Best Buy have launched holiday kickoff deals. That means that we are getting ready for the annual holiday logistics bonanza. The National Retail Federation (NRF) has issued its annual forecast, anticipating that retail sales will grow between 4 percent and 6 percent in 2023, meaning sales will reach between $5.13 trillion and $5.23 trillion this year.

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Embedding BI: Architectural Considerations and Technical Requirements

While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

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October 25, 2023 Update

Freightos

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. More Resources Home October 25, 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.

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Highlights From Blue Yonder’s Global Week of Giving 2023

BlueYonder

The week of Oct. 16, 2023, was Global Week of Giving at Blue Yonder, and our associates contributed more than 700 hours of volunteer time helping local communities!! With World Food Day taking place on Oct. 16, food insecurity was a primary focus for several Blue Yonder planned events. However, associates also volunteered for many other causes that are important to them throughout the week.

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Ask the Experts: What is Your Favorite Scary Movie

John Galt

In the spirit of Halloween, we delve into a spine-tingling discussion with supply chain experts and thought leaders. Read their thoughts!

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From chaos to clarity: Transforming network overloads into seamless connectivity

IT Supply Chain

By Marcin Bala (pictured) CEO, Salumanus The post From chaos to clarity: Transforming network overloads into seamless connectivity appeared first on IT Supply Chain.

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Foxconn Under the Political Looking Glass

Supply Chain Matters

The increased geo-political tensions involving influential global nations is more and more spilling over into supply chain sourcing and business policy dimensions. A published report by The Wall Street Journal this week indicates that both Apple , and contract manufacturer Foxconn are: Getting Caught in Taiwan Tensions With iPhone Supplier Probes. ( Paid subscription ) Earlier this week, the contract manufacturer indicated it was cooperating with Chinese government authorities regarding reported

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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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This Indonesian Food Giant Reached 95% On-Time Delivery with Locus

Locus

For over four decades, FKS Group has carved out a robust presence in South-East Asia’s business landscape. A legacy enriched by global outreach in sourcing, manufacturing, refining, logistics, and more, one of the reasons for FKS Group’s diverse business growth is its strong commitment to logistics and infrastructure and a profound understanding of regional market dynamics.

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Why Technology-Driven Manufacturing SMBs Outperform Their Peers

OptiProERP

A recent study published by the US Chamber of Commerce noted that small businesses that utilize technology platforms outperform their competitors and are more optimistic about their future. Small businesses that use technology directly employ or support almost a billion jobs. Technology Use Is Linked to Growth and Optimism By leveraging technology, small businesses substantially influence America’s economic growth.

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Supply Chain Matters This Week in Supply Chain Tech- October 25 2023

Supply Chain Matters

The Supply Chain Matters blog features its latest full edition of This Week in Supply Chain Technology. This column serves as a news capsule of specific developments occurring in the supply chain technology sector. Featured names in this latest edition include Slync , Ryder System , IFS and Transfix. Slync to Wind Down Operations According to two published reports from supply chain focused media, freightech and Cloud based logistics visibility platform provider Slync is winding down operations a

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A Vendor Management Guide for Procurement Leaders

ProcurePort

• Vendor management is essential for cost efficiency, quality assurance, risk mitigation, and fostering innovation through collaborative relationships with suppliers. • Good vendor management strategies involve working together, measuring performance, building relationships, managing risks, integrating technology, and considering supplier diversity.

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How to Leverage AI for Actionable Insights in BI, Data, and Analytics

In the rapidly-evolving world of embedded analytics and business intelligence, one important question has emerged at the forefront: How can you leverage artificial intelligence (AI) to enhance your application’s analytics capabilities? Imagine having an AI tool that answers your user’s questions with a deep understanding of the context in their business and applications, nuances of their industry, and unique challenges they face.

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InFocus Webinar: Decoding the Secrets of Asia’s Last-Mile Maturity

Locus

In the competitive world of e-commerce and supply chain management, ensuring timely and efficient product deliveries can be the difference between a repeat customer and a missed opportunity. But what really is the magic behind these seamless deliveries? The key lies in understanding and optimizing the concept of ‘ last-mile maturity. ‘ To help businesses demystify this term and implement it effectively, our latest InFocus webinar dives deep into its intricacies.

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Demand Planning Key Features

QAD

When conducting demand planning , you need to strike the balance between having sufficient stock levels to meet customer demands without having surplus. This means leveraging the right tools and data to build your demand plan from the outset. Striking that balance means finding the right features for the job. What should you look for in a platform to help you build your demand plan?

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Supply Chain News on Investors Pulling Back from Once Hot Market for Logistics Startups

Supply Chain Digest

Investment Levels, and Valuations, are Way Dow

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Meeting Electric Vehicles’ Increasing Demand for Rubber

Supply Chain Brain

The global demand for rubber is increasing. That’s a problem for all automotive manufacturers, but especially for electric vehicle producers.

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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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Mitigating inflation, rising debt, and cash flow

Taulia

In a rapidly shifting economic landscape, implementing a fianance strategy that supports your business while driving growth is an increasingly complex challenge requiring new ways of thinking. In this report, produced by TechPros on behalf of Taulia, leading finance professionals have provided their insights on how organisations can transform their financial operations to counter the effects of current economic conditions.

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Gemcorp Sets Up $1B Fund to Tap Saudi Arabia Projects

Supply Chain Brain

The fund will target investments in projects that are aligned with Vision 2030, Crown Prince Mohammed Bin Salman’s plan to transform the Saudi economy away from reliance on oil.

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Transforming E-commerce: The Impact of Generative AI

Saleswarp

The integration of Generative Artificial Intelligence (AI) is transforming the way businesses operate in the digital marketplace. It’s not just changing the game for e-commerce companies; it’s reshaping the entire world of online retail. From personalized shopping experiences to efficient customer support, Generative AI is changing the game.

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Watch: The Changing Package Mix in Parcel Shipping

Supply Chain Brain

The package mix in parcel shipping is getting more varied and complex — a positive trend in the long run, but one that presents challenges to carriers in the short term, says Nick Herbon, regional sales manager with EuroSort.

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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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D2C Explained: Direct-to-Consumer Business Guide

Unleashed

A direct-to-consumer (D2C) strategy offers a powerful way to gain complete control over your supply chain – from manufacturing and sourcing to marketing, sales, and distribution. But to take advantage of this unique business model, you need to know how it works. Join us for a deep dive into the pros and cons of D2C for businesses. We’ll look at the D2C method and how it compares with business-to-consumer (B2C) models, plus investigate a few famous examples of successful D2C companies.

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Contract Talks to Resume October 27 in St. Lawrence Seaway Strike

Supply Chain Brain

Negotiations between the sides broke down during the weekend of October 21, which led to about 360 workers walking off the job shortly after midnight on October 22.

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Q3 Economic Indicators and Statistics

American Global Logistics

Have you ever felt like you're navigating your business through a storm without a compass? Understanding data, trends, and economic indicators can influence how you run your business, shaping your success in these uncertain times. The economy and supply chains are very unpredictable now. The only thing certain is uncertainty. But it would help if we could foresee problems before they happen.

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GM, Honda Nix $5B Plan to Co-Produce Cheaper EVs

Supply Chain Brain

Honda and GM agreed to develop lower-priced EVs based on a joint new platform in April of 2022 with the hope of producing millions of cars by 2027.

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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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Boeing Posts $1.6B Loss on Fewer Deliveries, Higher Air Force One Jet Costs

Supply Chain Brain

The company was forced to lower its forecast of 737 Max production from between 400 and 450 planes to 375 to 400 aircraft.

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NewCold Opens $300M Cold Storage Facility in Indiana

Supply Chain Brain

NewCold said that its brand new $300 million cold storage facility is among the largest in the world.

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