Mon.Jan 15, 2024

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Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. More Resources Home Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons Eytan Buchman January 16, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Intro: Playing Dice with the High Seas In 2021 and 2022, supply chains regularly made the headlines, as supplies of basic necessiti

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ToolsGroup Named Leader in Five G2 Categories for Winter 2024

ToolsGroup

The software company earns Leadership recognition in supply chain planning and demand planning across regions. BOSTON – January 15, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to be recognized as a Leader in five separate G2 Winter 2024 reports. Across all report categories, less than 4% of products and services earn Leader recognition.

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AI affecting up to 40% of jobs warns IMF: O’Reilly VP of Emerging Tech

IT Supply Chain

By Mike Loukides (pictured) Vice President of Emerging Tech, O’Reilly The post AI affecting up to 40% of jobs warns IMF: O’Reilly VP of Emerging Tech appeared first on IT Supply Chain.

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ToolsGroup Launches Integrated In-Season Retail Inventory Optimization Solution 

ToolsGroup

Retailers can now quickly sense, predict, and respond to real-time changes in demand to better navigate market uncertainty to achieve maximum profitability. BOSTON & LONDON — January 15, 2024 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, today announced the launch of their In-Season Inventory Optimization Solution, an integrated suite of tools in the greater JustEnough retail planning and execution suite.

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4 Ways To Drive Supply Chain Excellence in the Food Industry

The Supplier Relationship Management Playbook is your guide to building effective supplier partnerships that drive supply chain excellence. This playbook equips supply chain professionals with strategies for managing compliance, tracking performance, and fostering collaboration to reduce supply chain risks. Inside, you’ll find: Strategies for Compliance: Best practices to help meet regulatory standards.

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Majority of Suppliers Expect More Disruptions Over the Next Two Years

Supply Chain Brain

The survey showed that 53% of organizations are investing in resources to develop and maintain programs that prepare a company for significant supply chain disruptions.

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Tesla Semis Don’t Have Full Autopilot (and That’s a Very Good Thing)

Logistics Viewpoints

The much-delayed Tesla Semi has finally hit the road. The Semi started its first consumer deliveries in 2022. The vehicles have only been delivered to one customer – PepsiCo. Since then, the PepsiCo’s Tesla Semi fleet has grown to almost 100 vehicles. The Tesla Semi is a battery electric Class 8 semi-truck built by Tesla. Unlike Tesla’s electric cars the Semi does not support an upgrade to Enhanced Autopilot.

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The Power of Artificial Intelligence in Manufacturing

IT Supply Chain

By Mohammed Salifu (pictured) Group Data & Analytics Director, Domino Printing Sciences The post The Power of Artificial Intelligence in Manufacturing appeared first on IT Supply Chain.

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Inventory Optimization: How Can You Tell How Close to Optimal You Are?

Supply Chain Brain

Inventory optimization is a phrase much used and abused. The honest minority of supply chain professionals will admit that they don’t objectively know what "good" looks like.

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Inventory Glut: Strategies and Insights for Modern Retailers

ShipBob

Striking the perfect balance between supply and demand is a complex dance for any business. If you don’t have enough inventory on hand you risk selling out. Too much, and you’ll be stuck with an inventory glut. An inventory glut occurs when a company has surplus inventory and the stock of products far exceeds its demand. The result? Financially, it can lead to significant losses as businesses are forced to sell stock at discounted prices, or worse, write off unsold inventory as a loss.

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Supply Chain News on US Market for Warehouse Space Reverting to the Mean

Supply Chain Digest

Vacancy Rates back over 5 Percent in Q4 2023, Cushman and Wakefield Says

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Faster Quotes, Higher Profits with Ben Derin

The Logistics of Logistics

Ben Derin and Joe Lynch discuss what it takes to achieve faster quotes and higher profits as a freight broker. Benjamin is the Founder and CEO of S2Q Systems , the creators of the fast-growing Speed to Quote® software platform that is helping transportation and logistics companies respond faster to incoming quote requests. About Benjamin J. Derin Benjamin J.

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Supply Chain Newss on is Drone Delivery Era Finally Here

Supply Chain Digest

Walmart CEO Says it will Cover 75 Percent of Dalla and Ft.

Dallas 39
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Remember the Mall? Now, it’s a Fulfillment Center, and More

Supply Chain Brain

What’s particularly attractive about shopping malls is that they offer the possibility of creating a hybrid facility that combines logistics and fulfillment activities with in-person activities for shoppers.

Logistics 116
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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

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Achieve 33% Restaurant Business Growth With Dispatcher Mobile App

Loginext

This article provides an overview of the benefits of using a mobile dispatcher app for seamless restaurant operations. Learn how the LogiNext Mile Mobile App has helped restaurants grow and sustain business by helping them with auto assignment and handling peak hour challenges. The post Achieve 33% Restaurant Business Growth With Dispatcher Mobile App appeared first on loginextsolutions.com.

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U.S.-Owned Cargo Ship Near Yemen Hit by Missile

Supply Chain Brain

The situation is even causing a rise in demand for shipping containers in Asia as shippers and forwarders foresee cargo demand in the coming weeks.

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Achieve Significant Restaurant Business Growth With Dispatcher Mobile App

Loginext

This article provides an overview of the benefits of using a mobile dispatcher app for seamless restaurant operations. Learn how the LogiNext Mile Mobile App has helped restaurants grow and sustain business by helping them with auto assignment and handling peak hour challenges. The post Achieve Significant Restaurant Business Growth With Dispatcher Mobile App appeared first on loginextsolutions.com.

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World’s Biggest Uranium Miner Warns of Production Shortfall

Supply Chain Brain

Kazatomprom said January 12 that shortages of sulfuric acid and construction delays at newly developed deposits are creating production challenges that could persist into 2025.

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How to Master Product Portfolio Management

Pursuing product portfolio management excellence empowers organizations to unlock the full potential of their offerings. This comprehensive guide unveils 10 essential keys that serve as the building blocks for success.

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Gamified workplaces entice 84% of warehouse workers:

Lucas

New Lucas Systems market study reveals game mechanics can drive employee engagement Wexford, PA – January 16, 2024 — Warehouse workers who play together, stay together, according to market study insights released today from Lucas Systems, a distribution center technology provider providing software to workers in more than 400 warehouses worldwide. In the study [.

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Protected: 2023 NFI Wrapped

NFI

In 2023, NFI expanded our North American footprint and continued to deliver innovative new products — it has been a year that makes us incredibly proud.

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How Bad Inventory Management Results In Lost Customers

Valogix

In this article, we will explore the reasons why bad inventory management leads to lost customers and discuss strategies to improve this crucial aspect of business operations.

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RFQ vs. RFP: Which One Should You Use?

Precoro

Every procurement professional faces a time when they have to make a purchase in unfamiliar territory. Typically, it starts when an employee creates a purchase requisition to notify the department manager of the need for new goods or services. Alternatively, when an organization embarks on a new project, procurement managers are tasked with finding the ideal supplier that aligns with the project’s requirements.

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The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

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Day 1 @ NRF 2024 Unwrapped: Trends, Tech, and Transformations

Cognira

Day 1 @ NRF 2024 Unwrapped: Trends, Tech, and Transformations January 15, 2024 Events Home The world’s largest retail trade show, NRF 2024, has kicked off! Over 800 exhibitors, 40,000 attendees, and a plethora of sessions covering green retail, digital transformation, Generative AI implementation, and more. Cognira is excited to participate in the Retail Big Show as an exhibitor, presenting our innovative promotion management solution for retailers at booth 601.

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Top 8 Industries Affected by The Red Sea Crisis in January 2024

Resilinc

The latest updates on shipping delays in the Red Sea in January 2024, including which businesses and industries have been impacted. Since our last blog on the Red Sea Ship Attacks on December 21, six of the top ten container shipping firms, including Maersk, MSC, Hapag-Lloyd, CMA CGM, ZIM, and ONE, have either significantly reduced or completely halted their operations in the Red Sea region.