January, 2023

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8 Actionable Supply Chain Trends for 2023

The Network Effect

The post 8 Actionable Supply Chain Trends for 2023 appeared first on The Network Effect.

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Demand Planning. When The Answer To Two Simple Questions Is Not So Simple.

Supply Chain Shaman

This blog post started a series of telephone calls. A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The Center of Excellence at the company wanted to improve base-level capabilities but struggled to move forward due to the traditional views of the planning team, which they felt were self-serving.

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Freightos has publicly listed today as Nasdaq:CRGO

Freightos

As of this morning, Freightos is a public company trading on Nasdaq with the ticker CRGO , taking the next step in our journey to make global trade more efficient with the world’s global freight booking and payment platform. Congratulations to our team and our investors on this exciting milestone. Not many startups ever get to become public companies.

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A More Reliable Path to Net Zero: Ivalua’s Latest Innovation Helps Reduce the Environmental Impact of Supply Chains

ivalua

Ivalua’s new Environmental Impact Center empowers Procurement and Supply Chain teams with reliable and actionable insight to reduce Scope 3 Greenhouse Gas (GHG) emissions. EIC’s Unique Capabilities: Ensure transparent carbon emissions baseline based on reliable emissions data Identify and prioritize emissions reduction opportunities Monitor and manage emissions at the product level Redwood City, CA – 31 January, 2023 – Ivalua , a global leader in Cloud Spend Management Solutions , announced the

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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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What does the German Supply Chain Act Mean for Procurement?

ivalua

What Lieferkettengesetz Means for Procurement? By Jan-Hendrik Sohn. The German Supply Chain Act, or Lieferkettengesetz, is a new piece of legislation that came into effect January 2023 with an extended remit from January 1, 2024. The act was established to address issues of sustainability and ethical conduct in global supply chains, and has significant implications for companies and procurement organizations operating in Germany.

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Warehouse Automation: Top Five Factors Impacting Adoption

Logistics Viewpoints

ARC Advisory Group’s Global Warehouse Automation Research study is now complete and available for purchase. The research process includes an analysis of large amounts of information and interviews with executives from numerous warehouse automation providers; and concludes with the publication of ARC’s research study. I provided a glimpse of the study content in an article in October that lists the top 20 warehouse automation suppliers , based on ARC’s estimates of 2021 revenues.

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Building a Company and a Network with Nicole Glenn

The Logistics of Logistics

Nicole Glenn and Joe Lynch discuss building a company a network. Nicole is the Founder & CEO at Candor Expedite , a critical expedite service provider as well as a white-glove B2B company. About Nicole Glenn Nicole Glenn founded Candor Expedite in 2017 after more than two decades in the transportation brokerage business, with a vision to build the smartest and most efficient freight business that delivers on its client’s promises.

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Top 5 Supply Chain Trends in 2023

C3 Solutions

A series of “Black Swan” events that started with the COVID-19 crisis and the global inflationary economic response to the pandemic, stoked by the war in Ukraine and the rise of extreme weather events linked to rising global temperatures - have all shown how vulnerable the global supply chain is to unexpected disruptions.

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E2open’s Ocean Shipping Index Reveals Notably Improved Cross-Ocean Transit Time for Global Freight Deliveries

E2open

Latest report highlights how lessened demand for goods from Asia has continued to reduce port congestion, resulting in an average eight-day decrease in total time from booking to receipt compared to the year-ago period. AUSTIN, Texas – January 19, 2023 – E2open Parent Holdings, Inc. (NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, today released the Q4 2022 edition of its Ocean Shipping Index, a quarterly report that offers data-driven insights to

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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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Supplier Diversity: From Checking-the-Box to a C-Suite Strategy

ivalua

Public Procurement: Building Business Cases and Driving Momentum. For the Government, supplier diversity programs are something procurement professionals in the United States (US) have accepted as a key element to their procurement success. Since their inception more than 50 years ago, supplier diversity programs have spread beyond public procurements.

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Southwest Airlines Puts Spotlight on Another Supply Chain Weak Link

Talking Logistics

By now, you’ve probably read all about Southwest Airlines’ operations meltdown during the holidays. While bad weather played a part, so did another factor that is getting a lot of attention now: technical debt. In a New York Times opinion piece, Zeynep Tufekci, a professor at Columbia University, describes the problem as follows: This problem. Read more.

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Network Visibility and Supply Chain Planning Work Better Together

Logistics Viewpoints

Infor is one example of a supplier that offers both advanced visibility and supply chain planning. There is a vintage television commercial for Reese’s Peanut Butter cups. One character says to another, you got chocolate in my peanut butter.” The other responds, “no, you got peanut butter on my chocolate.” The two then conclude that peanut butter and chocolate are better together.

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Building World Class Tech for Final Mile with Eddie Misicka

The Logistics of Logistics

Eddie Misicka and Joe Lynch discuss building wolrd class tech for final mile. Eddie is the Vice President of Product Development at OneRail an Orlando-based last mile transportation visibility solution providing shippers with Amazon-level dependability and speed. About Eddie Misicka Eddie Misicka is the Vice President of Product Development at OneRail.

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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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The E-Commerce Reset

Cathy Roberson

Post-pandemic business-to-consumer (B2C) e-commerce and the last mile are potential opportunities for retailers. E-commerce sales are higher than in the pre-pandemic period, as are shipping costs. But, retailers are mitigating these costs in several ways, resulting in volume declines for FedEx and UPS. Thanks for reading Rethinking supply chains! Subscribe for free to receive new posts and support my work.

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Insights on Fulfillment and Operations Management

Amware Logistics and Fulfillment

On a recent episode of the Unboxing Fulfillment Podcast , host Harry Drajpuch chatted with supply chain veteran, Jim Tompkins, on a range of issues related to fulfillment and operations management. Jim is the author of 31 books and, between them, Jim and Harry have over 70 years of industry experience. Here are a few of the notable fulfillment and operations insights from the episode, with commentary.

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Watch: What Happens to the Semiconductor Supply Chain If China Invades Taiwan?

Supply Chain Brain

John Ferguson, chief executive officer of TBM Consulting Group, discusses the importance of Taiwan to global semiconductor production, and tells how the supply chain would be impacted by China invading Taiwan.

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Greening Your Logistics: The Impact is Bigger Than You Realize

Talking Logistics

It’s now cliché to say that sustainability is on the minds and budgets of executives. In a way, it has always been there, especially regarding logistics. All other things being equal, less fuel consumption and fewer miles driven result in lower costs. Reducing transportation costs, shaving off shipping time, and generally using transportation equipment more.

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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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Körber CEO Discusses Warehouse Labor Management, Engagement, and Retention

Logistics Viewpoints

Earlier this month, I had the opportunity to speak with Chad Collins, CEO of Körber Supply Chain Software. Chad and I discussed the widespread labor constraints impacting warehouse operations across North America and Europe. I told Chad that I believe warehouse labor constraints will continue for extended time, and that warehouses must actively manage with this in mind.

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End to End Supply Chain Disruption with Pam Simon

The Logistics of Logistics

Pam Simon and Joe Lynch discuss end to end of supply chain disruption, which is what the Manifest Conference is all about. Pam is the Conference Chair & EVP Programming at Connectiv where they organize and host Manifest : The Future of Logistics is Here. About Pam Simon Pam Simon is a successful entrepreneur and business connector with more than 15 years of experience in event production, content creation, experiential marketing and angel investing.

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Top 10 CEOs Who Have Had Roles in Supply Chain

SCMDOJO

From tech giants to manufacturing leaders, the top 10 CEOs in the supply chain industry have blazed a trail of success. Explore their stories and accomplishments, and be inspired to become an effective leader in your own right. Don’t forget! We have tons of other interesting blogs with valuable insights related to the supply chain field, such as the following: 6 Logistics KPIs Attributes That are Essential Evolution of Supply Chain Management and Logistics Rising Supply Chains Complexity &

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18 Ways to Get SALES Involved in Demand Planning

Silvon Software

Collaboration between Sales and Operations professionals in the demand planning process is critical if you want to achieve better delivery rates, higher service levels, fewer stock-outs and increased customer satisfaction. While the Supply Chain department has a clear view of “regular” demand patterns, Sales has insights into exceptions, new opportunities, new products and promotional activities.

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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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The Alarming Continued Rise of Modern Slavery in Supply Chains: How Procurement Can Help Reverse the Trend

Supply Chain Brain

Modern-slavery and human-rights due diligence should be integrated as part of a broader sustainable procurement program that encompasses environmental and ethical topics, as well.

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Supply Chain Talent Management (Insights from Indago)

Talking Logistics

As I highlighted last February in “The Labor Shortage Problem: Why It’s Bigger Than You Think And How To Address It,” which included insights from a presentation by labor economist Ron Hetrick titled “The Demographic Drought,” there are various factors leading to decreased labor availability around the world. Unfortunately, this problem is projected to get.

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Top 15 Logistics Stories of 2022

Logistics Viewpoints

In early November, my colleague Steve Banker wrote an article looking at the top supply chain trends for 2023 and beyond. Unlike some of the other trends articles we have covered at Logistics Viewpoints, which take a deeper dive into technology and application specific trends, this article looked at the top trends executives need to be paying attention to before their strategic planning meetings commence.

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The Year Ahead with Doug Waggoner

The Logistics of Logistics

Doug Waggoner and Joe Lynch discuss the year ahead. Doug is the CEO of Echo Global Logistics , a leading provider of technology-enabled transportation and supply chain management services. About Doug Waggoner. Doug Waggoner has served as Chief Executive Officer of Echo Global Logistics since December 2006 and was a Board member from 2008-2021. Waggoner served as Chairman of the Board from 2015 until 2021.

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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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9 Reasons why you should automate your supply chain

SYSPRO Smarter ERP

When it comes to your business’s supply chain , it can be tempting to stick with what works. If your business has been around for a while, there’s a good chance that you’re still completing inventory counts, picking, packing, and other tasks manually. However, some manual supply chain processes are not only outdated, but also inefficient and even detrimental to your business.

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Agile supply chain solutions: 5 3PL characteristics to look for

West Coast and California Logistics

Volatile supply chains demand agile supply chain solutions, whereby your logistics operations adapt to market changes as they happen. 3PLs can be key enablers of more agile, resilient distribution operations. In this article, we’ve identified 5 traits that help set truly agile 3PLs apart from the competition.

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Three Keys to a Just-In-telligent Supply Chain

Supply Chain Brain

Manufacturers, distributors and retailers need to pivot to a smart just-in-telligent methodology, blending just-in-time and just-in-case with the science of artificial intelligence (AI) and automation.