Sat.Nov 11, 2023 - Fri.Nov 17, 2023

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Supply Chain’s Next Decade of Dealing With the Unknown

MIT Supply Chain

LinkedIn published my 100th Influencer article last month. The inaugural post appeared on March 4, 2014, and was about the rising status of the supply chain profession. Reaching this milestone got me thinking about how the profession might change over the next decade. Some events and trends driving the supply chain’s standing back in 2014 remain just as influential in 2023.

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Bullwhip Effect in the Supply Chain: Examples, Causes, Solutions

Unleashed

The bullwhip effect occurs when small changes in demand at the consumer end of the supply chain intensify as they move up the supply chain from the retailer through to the manufacturer. For product businesses, the bullwhip effect can significantly hinder the ability to maintain optimal inventory levels – often leaving them high and dry with too much stock and not enough demand to get rid of it.

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What is Supply Chain Decision Support? Are We Rearranging Deck Chairs on the Titanic?

Supply Chain Shaman

Supply management. Supply chain management. Supply chain planning. Are these terms the same? They sound similar, but do they describe similar capabilities? The answer is no. What do they have in common? Not much. When deploying enterprise decision support applications, there are many implementations and lots of hype but few clear and consistent definitions.

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Why Top LSPs Take A Supply Chain Orchestration Approach to Success

Talking Logistics

Logistics service providers (LSPs) face a unique challenge. In addition to the evolving customer demands within an increasingly global, networked, multi-channel supply chain, these professionals juggle a variety of clients with differing supply chain management needs. Many leading LSPs, such as DSV, CEVA, and GEODIS, have opted for a more holistic supply chain orchestration approach.

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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 is Optimization Theory and Why It Matters

Valogix

Check out how a firm grasp of optimization theory can help you in better inventory planning and implement more efficient solutions.

More Trending

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How to Leverage Low-Code Software to Streamline Your Supply Chain Management

Supply Chain Brain

Low-code platforms emerge as indispensable allies for supply chain teams in the quest for heightened efficiency and effectiveness.

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Watch: Building Environmental Sustainability in Supply Chains

Supply Chain Brain

Jagadish Turimella, chief operating officer and co-founder of GEP, offers some best practices that companies can adopt for ensuring that their supply chains are prioritizing sustainability.

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Moving Container Production From China Won't Ease Supply Chain Woes, SC Execs Say

Supply Chain Brain

Nineteen percent of responders said that they believe shifting production away from China would help supply chains while another 27% said this change could maybe alleviate supply issues.

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Securing Supply Chains Against Counterfeits in a Post-COVID World

Supply Chain Brain

The concept of supply chain security holds significant weight in today's global business landscape.

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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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Inside the Shipper Mind with Jim Bierfeldt

The Logistics of Logistics

Jim Bierfeldt and Joe Lynch discuss what’s inside the shipper mind. Jim is the Founder and President of Logistics Marketing Advisors, a full-service marketing agency exclusively focused on helping logistics businesses drive profitable growth. About Jim Bierfeldt Jim Bierfeldt is the Founder and President of Logistics Marketing Advisors. Jim has had a 35-year career in marketing and communications, including 25+ within the logistics industry.

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Editor’s Choice: Reducing Lead Times with Real-Time Data

Logistics Viewpoints

Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article is from Descartes Systems Group and looks at how companies can reduce lead times with real-time data. As so many of us were made aware since the pandemic lead times were stretched to extreme levels for many products globally.

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Above the Fold: Supply Chain Logistics News (November 17, 2023)

Talking Logistics

I’ve gotten a late start to leaf raking this year. I took advantage of the unseasonably warm weather yesterday to begin the process, starting with my front lawn. I spent two hours raking and bagging leaves, but looking out the living room window this morning, you wouldn’t know it. The lawn is once again covered. Read more The post Above the Fold: Supply Chain Logistics News (November 17, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

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Intermittent Demand: Using Stochastic Replenishment Planning

Logility

Conquer Intermittent Demand with Stochastic Replenishment Planning Industrial durables companies face the perpetual challenge of managing items with intermittent demand patterns. These items often exhibit sporadic and unpredictable fluctuations in demand, making traditional inventory management methods less effective. To tackle this issue, many industrial durable companies are turning to probabilistic replenishment planning, a data-driven approach that offers practical solutions to the unique ch

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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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Insight to Action with Ryan Soskin

The Logistics of Logistics

Ryan Soskin and Joe Lynch discuss insight to action. Ryan is the Co-founder and CEO of GoodShip , an all-in-one platform for supply chain analytics, carrier management, and transportation procurement About Ryan Soskin Ryan Soskin is a 13 year logistics veteran and three time startup unicorn alum with a long history in freight tech. He began his career at Coyote Logistics and after 5.5 years and a $1.8B acquisition by UPS, Ryan left Coyote to join Convoy as an early team member.

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This Week in Logistics News (November 11 – 17)

Logistics Viewpoints

“Stand your butt up!” These aren’t the words we are used to hearing at a Senate hearing, but that’s exactly what we heard earlier this week. Oklahoma Sen. Markwayne Mullin (R), who happens to be a former mixed martial arts fighter, nearly came to blows with the president of the Teamsters at a Senate hearing Tuesday, forcing Chair Bernie Sanders (I-Vt.) to step in to stop a brawl from breaking out in the Senate Health, Education, Labor and Pensions Committee room.

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Key Takeaways from SAP Logistics Info Days 2023

Talking Logistics

During 2020 and 2021, most companies were focused on managing the disruptions caused by the Covid pandemic. In 2022, having a bit more room to breathe, companies started to reflect on the lessons learned from the previous two years (e.g., we need to make our supply chains more resilient). This year, it seems like companies. Read more The post Key Takeaways from SAP Logistics Info Days 2023 appeared first on Talking Logistics with Adrian Gonzalez.

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ToolsGroup Positioned as the Leader in the SPARK Matrix for Retail Forecasting and Replenishment by Quadrant Knowledge Solutions

ToolsGroup

BOSTON and LONDON – November 14, 2023 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is proud to announce it has been named the technology leader in the SPARK Matrix™ analysis of Retail Forecasting and Replenishment (RF&F) by Quadrant Knowledge Solutions (QKS). The Quadrant Knowledge Solutions SPARK Matrix: Retail Forecasting & Replenishment (RF&R), Q4, 2023 includes a detailed analysis of global market dynamics, major trends, vendor lan

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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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Building a Resilient Port Strategy with Brian Kempisty & Lauren Beagen

The Logistics of Logistics

Brian Kempisty , Lauren Beagen and Joe Lynch discuss building a resilient port strategy. Brian is the Founder of Port X Logistics , a transportation company that specializes in expediting containerized cargo throughout the U.S. and Canada. Lauren is a lawyer and the Founder of Squall Strategies , a boutique maritime consulting and legal solutions company.

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Food is Not Food if It’s Unsafe

Enterra Insights

We all need to eat. However, we rely heavily on the agricultural and food service sectors to ensure that the products we put into our bodies are safe to eat. If they’re not safe, they shouldn’t be called food. Food safety is currently a hot topic. Netflix recently released a documentary entitled “Poisoned: The Dirty Truth About Your Food.” The documentary is based on a book by best-selling author Jeff Benedict.

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ERP Digitization: MRO as a Business Driver

Supply Chain Brain

The state of the economy and the mounting push to digitize supply chain processes are driving a creative approach to maintaining the integrity of your company's item master.

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What Is PPV? Purchase Price Variance Explained

Precoro

Financial efficiency, cost savings, and profitability undoubtedly fall under the main priorities of upper management, regardless of a company’s industry. However, only 30% of CPOs claim they have achieved their cost-saving targets in 2023. One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric.

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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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Sustainable Product Packaging Impacts Supply Chain Transformation

QAD

Multiple times a day across the globe, a similar conversation takes place. The subject of the conversation is one person giving a grocery list to another so they can stop at a market or store. Quite often, the person dictating the list to the other describes one or more of the products by a distinct characteristic of its packaging rather than by name.

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The Digital Enterprise and Boring AI

Enterra Insights

Most, if not all, business leaders understand that the corporate landscape changed dramatically when the world entered the Digital Age and data became the lifeblood of most enterprises. Yossi Sheffi , Director of the MIT Center for Transportation & Logistics, insists, “The well-worn adage that a company’s most valuable asset is its people needs an update.

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Modern Manufacturing Through Automation: Supply Chain 2.0

Supply Chain Brain

Modern supply chain SLAs require a modern approach to automation, customers no longer have the patience for delivery delays, and finance departments are getting less tolerant of supply-chain slowdowns. What’s the answer? Optimize your supply-chain operations with AI.

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Burberry – trading conditions worsen in the second quarter

IT Supply Chain

By Charlie Huggins (pictured) Manager of the Quality Shares Portfolio at Wealth Club The post Burberry – trading conditions worsen in the second quarter appeared first on IT Supply Chain.

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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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Electrifying Changes: How the UAW-Big 3 Strike is Reshaping the Automotive World

QAD

The conclusion of the UAW-Big 3 strike has brought the automotive world a mix of challenges and opportunities. The most significant impact is the resumption of production at the Big 3 automakers. The return to production signaled full demand for parts and components, leading to an almost immediate surge in orders. For suppliers, this meant rapidly ramping up their production, with some even resorting to overtime to keep up.

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“Take a Hike” Has a Different Meaning for Blue Yonder Associate

BlueYonder

If you knew we had a National Take a Hike Day , raise your hand. Okay, you can’t see me, but let the record show that my hand is not raised. Usually when someone tells me to “take a hike,” they aren’t suggesting that I head out for a stroll in nature…. All kidding aside, I do have a passion for hiking, but probably not for the reasons one might think.

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Smart Data Fabrics for Supply Chain Infographic

Supply Chain Brain

Learn how a smart data fabric can enable end-to-end visibility, data driven insights, end-to-end predictive and prescriptive orchestration, and ultimately, end-to-end aligned decision making within your supply chain business.

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