Thu.Nov 09, 2023

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10 Inventory Control Techniques That Are Evergreen

SCMDOJO

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. With effective inventory control templates, you can maintain an accurate record of your products, including their quantities, dimensions, location, and weight. The primary goal of inventory control is to reduce the costs associated with holding stock.

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Definitions Matter

Supply Chain Shaman

In my writing, I try to get clear on definitions. The supply chain space is heavily laden with acronyms, gobbledygook, false narratives, and over-hyped, fast-talking technology sales teams. Let’s take an example. This is a post from LinkedIn today. “At the Digital Supply Chain event at SAP. First great insight from John McNiff: digital mature companies have lower DIO, IBP supports them!

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Heura Uses ToolsGroup for Digital Supply Chain Transformation to Support Global Expansion

ToolsGroup

With ToolsGroup’s AI-powered demand forecasting, the plant-based food innovator revolutionizes its supply chain, maximizing accuracy, speed, and business performance. BOSTON – November 9, 2023 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is proud to announce it has been selected by Heura , a leader in next generation plant-based meat production, to help the company achieve the planning speed and accuracy necessary to transform its supply operation

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Top Three Takeaways From the Snowflake Data Cloud World Tour

BlueYonder

Recently, I had the privilege of attending the Snowflake Data Cloud World Tour in sunny Santa Clara, California, which left me feeling inspired and invigorated. The Snowflake Data Cloud World Tour serves as a platform for discovering how to use and collaborate with data in unimaginable ways. Through its diverse range of sessions, demonstrations, and networking opportunities, the conference empowers attendees with the knowledge and tools needed to unlock the full potential of their data, enabling

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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Podcast | On the Journey Toward Supply Chain Digitization

Supply Chain Brain

Setting out on the journey to digitize your supply chain? It’s a long and winding road.

More Trending

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Redesigning the Supply Chain for the 21st Century

Demand Driven Technologies

The fact is, we have, and will continue to have, more and more destabilizing events for our supply chains.Your company may have a supply chain that was conceived in a different context to that of today. In the heyday of globalization, sourcing components from the other side of the world was the norm, and the.

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Navigating the Chilled Maze: Demystifying Cold Supply Chain Logistics

Loginext

This article provides an analysis of the cold supply chain logistics market. It includes the key findings of the cold supply chain logistics market, the factors that are expected to have the greatest impact on the market, and the major challenges faced by the market. Also, learn how TMS solutions can help tackle these challenges. The post Navigating the Chilled Maze: Demystifying Cold Supply Chain Logistics appeared first on loginextsolutions.com.

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Supply Chain by the Numbers for November 9, 2023

Supply Chain Digest

Supply Chain Pressure at Record Lows. Amazon Top Global Logistics Company. Maersk with Big Layoffs as Rates Collapse.

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5 Myths of Making Robots Work with People

Logistics Viewpoints

Robotics and automation in the warehouse continue to be a growing trend, with a recent study estimating that the warehouse robotics market is expected to reach USD 23. 09 billion by 2027 and grow at a rate of 15. 33% annually from 2022-2027. But there is still much to learn. As autonomous mobile robots ( AMRs ) find their place in the DC, there is much promise in terms of benefits to derive, but your challenge is to coordinate and optimize the tasks of humans and their robotic coworkers by allev

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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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Supply Chain Graphic of the Week on A New Metric Changes Perception of State of Global Trade

Supply Chain Digest

The Ton Kilometer Measure has Grown Significantly since 2008 while Traditional Metric is Flat

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The Changing Nature of Organizational Transformation

Enterra Insights

Even before the pandemic upended the world, the very nature of how organizations were transforming was changing. Back in 2019, just as the world was learning about the Coronavirus outbreak in China, Bain & Company analyst Pete Hultman and former Bain analyst Leonora Lesesne wrote, “In the past, running an organizational transformation was a bit like taking an international flight — challenging but familiar. … Today, running a change program is more like flying a spaceship to the

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U.S. to Build $553M Deep-Water Shipping Terminal in Sri Lanka

Supply Chain Brain

The Port of Colombo has been operating near its capacity since 2021, meaning the new terminal will enable the continued growth of economies located in the Bay of Bengal.

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5 Myths of Making Robots Work with People

Lucas

In conclusion, the use of autonomous mobile robots (AMRs) in warehouses holds great potential for various benefits.

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

As early as next year, procurement and supply chain operations will begin to adopt AI agents, often called “agentic AI,” to work alongside employees to make and execute decisions with precision across procurement and even the most complex global supply chains. Unlike LLM-based generative AI tools such as ChatGPT, these AI agents do not require prompts from humans.

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Truckload Demand Was Positive YoY for the First Time in Nine Months, Study Finds

Supply Chain Brain

LTL tonnage and shipment count are expected to maintain reduced overall levels through the end of 2023 and into 2024 following the shutdown of Yellow Corp.

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Product Update, October 2023

Precoro

New document type: Service Order Last month we added a new document type for service orders. Unlike Purchase Order documents, which are used for tangible items, the Service Order is specifically designed for conveniently ordering utilities and services. This document type also gives you the option to spread out payments, such as breaking down an annual service into monthly charges.

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Shelley Simpson Named WIT’s 2023 Influential Woman in Trucking

Supply Chain Brain

Simpson beat out Tori Blake (chief financial officer and co-owner of Western Logistics Express and WLX) and Megan Ferguson (vice president of End-to-End Delivery Acceleration for Walmart) for the award.

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How To Move Your Business Data To a New ERP System In a Risk-Free Way

Silvon Software

Thinking about replacing your current ERP system with a new, on-premise or cloud-based solution? It’s a significant endeavor, and it comes with its fair share of challenges. You have to deal with issues like time constraints, data quality, stakeholder support, potential regulatory concerns, and the expense of it all. But here’s the silver lining: this process also presents a golden opportunity to clean up your data act and improve your reporting and analysis at the same time.

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Transform Your Supply Chain into a Predictive AI-Driven Knowledge System

Fragmented processes and unstructured data pose significant challenges for supply chains. This whitepaper explores how AI and predictive insights revolutionize supply chain management. By analyzing real-time data from disparate sources, these advanced systems offer actionable insights to anticipate potential issues, improve decision-making, and enhance operational efficiency.

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Flexport.org and CHOOOSE Develop Aviation Decarbonization Tool

Supply Chain Brain

The companies said that the feature will accelerate the decarbonization of air freight by allowing customers to purchase certificates that can be applied as direct reductions against Scope 3 emissions.

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State of the 3PL Union 2024 Part 2

Supply Chain Digest

A Look at the Focus Topics

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Russia Expected to Lift Fuel Export Ban Soon

Supply Chain Brain

The Deputy Prime Minister said the country will continue its voluntary cut of 300,000 barrels per day of crude oil and petroleum products until the end of December 2023.

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Crisp Team Spotlight: Celestial Minto

crisp

We’re illuminating Celestial’s 20-year journey in the world of Electronic Data Interchange (EDI) where her passions for learning and problem-solving shine brightly. Meet Celestial Role : EDI Integration Specialist Lives in: Toronto, Ontario, Canada Favorite grocery store product: Rocky Road ice cream Meet Celestial, Crisp’s dedicated EDI Integration Specialist, who, originally from the Philippines, calls the vibrant city of Toronto home.

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How to Drive Cost Savings, Efficiency Gains, and Sustainability Wins with MES

Speaker: Nikhil Joshi, Founder & President of Snic Solutions

Is your manufacturing operation reaching its efficiency potential? A Manufacturing Execution System (MES) could be the game-changer, helping you reduce waste, cut costs, and lower your carbon footprint. Join Nikhil Joshi, Founder & President of Snic Solutions, in this value-packed webinar as he breaks down how MES can drive operational excellence and sustainability.

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Introducing Miny – Generative AI in QAD Process Intelligence

QAD

Hello World Meet Miny, a digital assistant pioneering user ease and efficiency inside QAD Process Intelligence. True to our long-standing commitment to delivering fit-for-purpose enterprise solutions, the introduction of Generative AI in our process mining solution is more than AI for technology’s sake. Miny provides value by democratizing the power of process mining.