Wed.Sep 13, 2023

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High Performance Inventory: The Supply Chain Differentiator

ToolsGroup

Tired of the phrase “new normal” yet? Disruption lingers, consumer trends change, lead times stretch. It’s the typical supply chain refrain. So how can organizations face this new market landscape with confidence and a solid planning process? The key lies in high performance inventory. Forward-looking supply chain professionals understand that inventory is not an end in itself; it’s a means – to enhanced customer service, increased profitability, and greater efficiency.

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Demand Planning: Whipped And Chained by Tradition

Supply Chain Shaman

In a recent blog post, I was challenged by Anna. She wrote, “I have been working in the supply chain for 35 years, and we are still trying to solve the “demand” issue. Solving from a supply side seems to work for many companies I work with. Given your expertise, I’d love to hear what alternatives you recommend for better demand forecasting and real-time visibility beyond what’s commonly adopted today.” Anna, this blog post is for you.

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September 13, 2023 Update

Freightos

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. More Resources Home September 13, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

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FourKites Visibility 2023: CONNECTED

Logistics Viewpoints

Last week I attended FourKites Visibility 2023 in Chicago, IL. The conference as a whole was fantastic, from the location and networking events to the conversations I had and sessions I attended. This was the largest conference that FourKites has put on to date, with nearly 800 customers, partners, prospects, and thought leaders descending on the Hyatt Regency to learn and, as the conference theme says, connect.

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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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First Step on the Road to an AI-First Planning Environment

Logility

When Logility embarked upon the journey with AI-first planning and DemandAI+ we were on a mission to solve some very pertinent but complex set of problems. The founders had been in the enterprise software space and business planning space for decades and had come to the painful realization that technology was truly holding back this domain. The supply chain technology landscape was rife with decades old code; month/year long projects and IT integrators were the norm to make the tiniest changes i

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Ramping Up Supply Chain Resilience with AI-Powered CLM

Supply Chain Brain

Business systems can’t operate with true effectiveness as stand-alone functions; they must work together for businesses to harvest the most value from their data.

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A Pause to the Rush of Life – Part 2

BlueYonder

September is Self-Care Awareness Month in the U.S., reminding us to time to remind us that taking care of ourselves is important. In honor of the month, Rahul Vyas, Ph.D., a Lead on Blue Yonder’s Learning & Development team, shares a follow-up to his National Relaxation Day blog on the role of relaxation when it comes to self-care and how other cultures view this practice.

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Watch: A Look at DOT's FLOW Data-Connection Initiative

Supply Chain Brain

Andrew Petrisin, supply chain advisor with the U.S. Department of Transportation, describes the role of the agency's Freight Logistics Optimization Works (FLOW) initiative.

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Pivot88 Joins Forces with TradeBeyond

Pivot88

TradeBeyond, the leader of extended supply chain management solutions for private label and branded merchandise, announced today that it has acquired Pivot88, the trusted SaaS provider of quality, compliance, and traceability solutions to brands and retailers around the world. Powered by Applied AI, Pivot88’s platform enables a 360-degree view of products from cradle to grave, equipping retail businesses with actionable supply chain data to mitigate risk.

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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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Threatened UAW Strike Could Cause ‘Turmoil’ in Entire Auto Supply Chain

Supply Chain Brain

The strike deadline set by the United Auto Workers union, which is negotiating with the so-called Detroit Three automakers is September 14, a minute before midnight.

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Seaboard Corp’s Digital Transformation with Simfoni’s eSourcing Solution

EC Sourcing Group

True transformation stems from passion, tenacity, and the audacity to embrace change. At Seaboard Corporation, a leading global agribusiness and key player in the grain and flour milling industry, this transformation was driven by the need to modernize their procurement process and stay competitive in a rapidly evolving business landscape. The Challenge For years, Seaboard relied on manual procurement processes, drowning in stacks of paper and spreadsheets, which were not only time-consuming

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Supply chain considerations when taking back a PFI

Proxima

With many PFIs set to expire, we take a look at the steps to tackle this shift According to government data, there are over 700 Private Finance Initiatives (PFIs), and the majority will expire in 2025. Why should this be big news? Quite simply, because we are talking big numbers, critical services and a complex challenge emerging. A National Audit Office report in 2020 revealed the capital value of the estimated 700 PFI was around £57bn.

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7 Ways to Plan Ahead For Potential Business Disasters

IT Supply Chain

By John Hampton (pictured) Content Writer The post 7 Ways to Plan Ahead For Potential Business Disasters appeared first on IT Supply Chain.

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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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aioneers Recognized as a Representative Vendor in 2023 Gartner® Market Guide for Analytics and Decision Intelligence Platforms in Supply Chain

Aioneers

aioneers, a fast-growing provider of AI-powered supply chain management software has been listed as a Representative Vendor in the 2023 Gartner® Market Guide for Analytics and Decision Intelligence Platforms in Supply Chain. We believe that this recognition signifies aioneers' commitment to excellence, innovation, and its position as a competitive player in the market.

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How To Legally Protect Your Cryptocurrency Capital

IT Supply Chain

By Mike Bronson (pictured) Content Writer The post How To Legally Protect Your Cryptocurrency Capital appeared first on IT Supply Chain.

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Apple Product Event Provides Added Supply Chain News

Supply Chain Matters

Apple conducted its annual product line-up event this week, tagged as “ Wonderlust.” In addition to new product hardware and some services announcements, the lead up to the event has provided some supply chain related news. New iPhone Lineup As widely expected, the company unveiled a new Apple iPhone15 line-up that includes four models : iPhone15 , iPhone 15 plus , iPhone 15 Pro and the iPhone 15 Pro Max as the top model.

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The State of Freight with Anne Reinke

The Logistics of Logistics

Anne Reinke and Joe Lynch discuss the state of freight. Anne is the President & CEO of Transportation Intermediaries Association (TIA) , the trusted voice for third-party logistics companies of all sizes. About Anne Reinke Anne Reinke was named President & CEO of the TIA in October 2020, coming from the USDOT where she served as the Deputy Assistant Secretary – Congressional Affairs.

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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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Diesel Supply Strains Deepen While Trucking Demand Recovers in U.S.

Supply Chain Brain

At risk are farmers who need diesel to harvest crops and homeowners who rely on its sister fuel, heating oil, to get through the winter.

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Embrace a New Era of Product Development

Arena Solutions

Did you know only 55% of product launches happen on time? In our on-demand webinar "Embrace a New Era of Product Development," we share how connecting your CAD, PDM, and PLM systems can create more efficient, streamlined, and cost-effective product development processes.

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India Planning New Policy to Attract EV Manufacturers, More Investment

Supply Chain Brain

American car maker Tesla has held ongoing talks with Indian PM Narendra Modi's administration to build a factory in the country.

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How To Protect Your Business From Potential Risks Given Freight Rates’ Changing Trends

Tai Software - Freight Broker Software Articles

The recent volatility in freight rates has led to a newfound urgency for businesses to become proactive in preparing for upcoming shifts in the industry. With changes in the global economy, geopolitical tensions, and ongoing pandemic impacts, there’s never been a more crucial time to understand and adapt to the dynamics of freight rates.

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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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C.H. Robinson Opens 400,000-Square-Foot Logistics Facility in Texas

Supply Chain Brain

The venue has 154 dock doors that can support up to 700 trailers, making it one of the largest cross-docking facilities in Laredo, Texas.

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Checkout Optimization – Streamlining the Path to Purchase

Saleswarp

What Is Checkout Optimization? A smooth and hassle-free checkout experience can make all the difference between a sale and a lost opportunity. This is where checkout optimization comes into play. Checkout optimization is a strategy aimed at boosting a retailer’s conversion rate by fine-tuning the final steps of the customer checkout process.

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Fleet Enable Launches Free Electronic Data Interchange Offering

Supply Chain Brain

The new service will allow freight haulers to receive digital orders and send return responses to their partners without manual intervention.

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ABB Group Investing $280M in Swedish Robotics Hub

Supply Chain Brain

The new campus, which will allow ABB to expand its production capacity by 50%, is scheduled to be opened in late 2026.

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11 KPIs for Measuring Innovation Success

Measuring innovation success is critical yet challenging for organizations, often leading to confusion over which KPIs to use. Many rely on inappropriate metrics borrowed from other departments, wasting resources and overlooking valuable opportunities. This guide outlines why innovation metrics are hard to track and offers a framework for creating effective KPIs.

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Chevron, LNG Facility Workers to Hold Tribunal to Resolve Strike

Supply Chain Brain

Chevron is hoping the Fair Work Commission will force workers to cancel the strike and make a deal with the company.

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