August, 2023

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5 Principles for Navigating the Digital Fog Around AI in Supply Chain

Logistics Viewpoints

Chief supply chain officers feel overwhelmed navigating the intense digital fog surrounding AI in supply chain, so I offer five principles for navigation. For sure, the opportunity for AI in supply chains is massive.

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Supply Chain Growing Pains with Anya Skomorokhova

The Logistics of Logistics

Anya Skomorokhova and Joe Lynch discuss supply chain growing pains. Anya is Co-founder and Chief Commercial Officer of PorterLogic, a low-code supply chain operations platform that replaces all the spreadsheets typically used to manage warehouses and inventory.

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ToolsGroup and River Logic Join Forces, Leveraging Digital Twins for Powerful, End-to-End Supply Chain Benefits

ToolsGroup

At ToolsGroup, we’re thrilled to bring value to customers around the world in collaboration with our extensive partner network. That’s why we’re excited to be adding River Logic, a global innovator in advanced analytics for planning and decision support to our partner family. River Logic offers both a platform for customer solutions as well as network optimization and production planning & scheduling applications.

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Risk Management Can Be a Competitive Advantage, Part One

Enterra Insights

“Plan all you want,” writes Cyrus Hadavi , CEO of Adexa, “but disruptions are the supply chain’s real problem.”[1] Why? Because global supply chains are constantly facing crises. According to the World Economic Forum (WEF), these crises are seldom distinctive events. In the latest WEF Global Risks Report , the authors note, “Present and future risks can interact with each other to form a ‘polycrisis’ — a cluster of related global risks with compounding effects, such

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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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Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains

The Logistics & Supply Chain Management Society

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers. Efficiently managing these processes is vital for companies to meet customer demands, minimize costs, and maintain a competitive edge.

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Watch: Value Chain Leadership for the Supply Chain Executive

Supply Chain Brain

The difference between a value chain and a supply chain is that the first includes more of a feedback loop from the end consumer, according to Elsy Ocejo, vice president of supply chain at Illes Foods.

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Navigating Market Uncertainty with Sarah Bertram

The Logistics of Logistics

Sarah Bertram and Joe Lynch discuss navigating market uncertainty. Sarah is a Shipper Sales Manager at DAT , an online marketplace that connects shippers and carriers in the transportation industry. About Sarah Bertram Sarah Bertram is a Shipper Sales Manager at DAT. She brings almost 20 years of supply chain and benchmarking experience to DAT, where she is focused on providing actionable insights to shippers through DAT’s Benchmark Analytics and Rateview benchmarking tools.

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The Race for Artificially Intelligent Robots

DELMIA Quintiq

Where are Artificial Intelligence and Robotics Heading? We live in times when not long after imagining a certain robot, it becomes a reality. We are witnessing incredible advancements in Artificial Intelligence (AI), in Robotics and in the integration of Artificial Intelligence into Robotics. These emerging domains are radically changing the way we work, collaborate, and organize our lives.

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Solving the New Imperatives for Freight Forwarders

Talking Logistics

Everyone remembers back in 2020 when the pandemic hit. It was a scary time for the entire world but incredibly overwhelming for those working hard to keep global supply chains running. Not only were factories shut down, but ocean ports were congested, vessels sat offshore for weeks waiting to unload, capacity on ships and planes. Read more The post Solving the New Imperatives for Freight Forwarders appeared first on Talking Logistics with Adrian Gonzalez.

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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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Consumer Credit, Generation Z, and the Consumer Packaged Goods Sector

Enterra Insights

Nothing is more central to the consumer packaged goods (CPG) sector than supply and demand — and few things affect supply and demand like economic trends. During the pandemic, when going out in public worried many consumers, savings increased and buying patterns changed. For example, spending on clothing and cosmetics dropped while spending on home goods and staples rose.

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Defense Supply Chain Network for Naval Operations

The Network Effect

How the US Navy's NOSS (Naval Operational Supply System) solution will be more agile, responsive, and effective using a network approach.

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Sustainable Procurement: What it is and its Importance

SCMDOJO

Discover the power of sustainable procurement in enhancing supply chain resilience and brand reputation and learn about its importance.

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Success in Retail Logistics with Mike Jarrett

The Logistics of Logistics

Mike Jarrett and Joe Lynch discuss success in retail logistics. Mike is the Founder of Jarrett , a leading 3PL providing transportation and logistics solutions. About Mike Jarrett Mike Jarrett , President, and CEO of Jarrett, founded the company in 1999. Prior to starting the company, Mike spent several years in the supply chain industry where he was Vice President of Carrier Operations for Hudson, Ohio–based Caliber Logistics (now known as FedEx Supply Chain Services).

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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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Food Waste: How Supply Chains Can Do Better?

C3 Solutions

Our world produces a plentiful bounty of food each year. However, a shocking amount of it never makes it to our plates. Out of all food produced globally, a staggering 2.5 billion tons is lost or wasted annually. This wastage constitutes over a third of the entire food production, a shocking statistic considering the number of people around the world who go to bed hungry.

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Digital Transport Documents: They’re Not Emailed PDFs

Talking Logistics

If you transport goods by road in Europe, you are very familiar with CMR — that is, the Convention on the Contract for the International Carriage of Goods by Road. As described by the United Nations Centre for Trade Facilitation and Electronic Business: The [CMR] was developed in 1956. [It] standardizes contractual and carrier liability. Read more The post Digital Transport Documents: They’re Not Emailed PDFs appeared first on Talking Logistics with Adrian Gonzalez.

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A Journey Through Safety Stocks, Part 9

Arkieva

This blog continues the safety stock discussion between Kate and Jane as they evaluate historical sales and lead time data. A Journey Through Safety Stocks, Part 9 was first posted on August 30, 2023 at 7:54 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement.

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7 Supply Chain Strategies for Pharmaceutical Brands to Compete Against Generics

The Network Effect

The post 7 Supply Chain Strategies for Pharmaceutical Brands to Compete Against Generics appeared first on The Network Effect.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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Transform Your Supply Chain Decision-Making to Handle Complexity and Uncertainty

John Galt

Explore why decision-making needs to be reassessed to embrace a better data-driven approach, and how companies can ignite the process.

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The Importance of Investment in Ports for the Future of the Supply Chain

Supply Chain Brain

Healthy, modernized seaports are essential for the profitability of businesses and investors everywhere. Our new white paper answers these questions and details the areas of seaports where investments will bring the biggest payback.

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Improving Last-mile Delivery Efficiency with Yard Management Systems

C3 Solutions

The ‘last mile’ is the most critical, yet challenging, leg of the supply chain journey. It is the last step before a product reaches the customers; hence, efficiency at this step significantly contributes to customer satisfaction and overall brand reputation. While historically, the last leg used to be shipments to retailers, the rapid growth of e-commerce and customers' ever-increasing expectations has meant the last-mile is now a crucial part of the delivery experience.

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Above the Fold: Supply Chain Logistics News (August 18, 2023)

Talking Logistics

It’s that time of the year again: when we move our kids back to college. This year I will have two kids in college again: my oldest son who will begin his senior year at Cornell (Computer Science Engineering with a minor in Math; if anyone has a job opportunity for him to consider, feel. Read more The post Above the Fold: Supply Chain Logistics News (August 18, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

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Mastering Order Management: Backorders & Out-of-Stock Inventory

The unfortunate truth is that you will always have low stock and backorder issues with your supply chain. But that doesn’t mean you can’t be prepared to handle them. This brief video explores some of the primary drivers of inventory issues – and how modern technology and best practices can mitigate these issues and ensure a superb customer experience.

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Inventory Optimization Software: Your Comprehensive Guide

Logility

Efficient inventory optimization starts with choosing the best software. It is important to note different terms that can often, mistakenly used interchangeably in conversation, yet have distinct meanings.

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Why it may be time to upgrade your ERP system

SYSPRO Smarter ERP

In today’s digitalized world, manufacturers must keep pace with the rapidly evolving technology landscape to remain competitive, agile, and to protect their electronic assets such as data. This is particularly crucial when it comes to enterprise resource planning (ERP) software. Outdated ERP systems expose organizations to security risks, limit functionality, impede integration, and hinder compliance efforts.

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5 Supply Chain Lessons the Barbie Movie Can Teach Us

John Galt

The Barbie movie created a buzz impacting supply chains across different sectors. Here are some lessons and takeaways.

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The Top 5 Skills Every Procurement Manager Needs

Precoro

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. According to KPMG , a global network of professional firms providing audit, tax, and advisory services, building a dedicated procurement team helps companies achieve substantial cost savings through effective vendor and category

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The Art of Consistent Perfect Order Delivery: Smart Order Fulfillment Through Orchestration

Shippers and logistics service providers are pressured to match the “Amazon effect” for fast and efficient service across multiple B2C, B2B, and D2C channels. Perfect order delivery - on-time and in-full at the lowest possible cost – is critical. However, recent surveys of supply chain stakeholders reveal that many don't have the technology necessary to achieve it.

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How supply chain disruption makes it even more important to automate your docks

C3 Solutions

When everything is changing all the time, it’s impossible to use old, familiar tools and methods to manage operations. This is injecting a whole new level of risk into supply chain logistics.

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Keeping Your CEO & CFO Informed of Supply Chain Performance

Talking Logistics

With supply chains experiencing ongoing risks and disruptions, keeping your CEO and CFO informed of what is happening is more important than ever. How frequently do you update your CEO/CFO on supply chain performance and developments? What information are they most interested in? We asked members of our Indago supply chain research community — who.

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CEVA Logistics Drives Agile, Multi-leg Inbound Flows for Tech Company

Supply Chain Brain

CEVA Logistics, a global leader in third-party logistics, was contracted to help a technology company manage their complex supply chain, supporting B2B, B2C, and reverse flows across multi-leg transport.