Wed.Aug 30, 2023

article thumbnail

Transform Your Supply Chain Decision-Making to Handle Complexity and Uncertainty

John Galt

Explore why decision-making needs to be reassessed to embrace a better data-driven approach, and how companies can ignite the process.

article thumbnail

Solving the New Imperatives for Freight Forwarders

Talking Logistics

Everyone remembers back in 2020 when the pandemic hit. It was a scary time for the entire world but incredibly overwhelming for those working hard to keep global supply chains running. Not only were factories shut down, but ocean ports were congested, vessels sat offshore for weeks waiting to unload, capacity on ships and planes. Read more The post Solving the New Imperatives for Freight Forwarders appeared first on Talking Logistics with Adrian Gonzalez.

Freight 290
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Defense Supply Chain Network for Naval Operations

The Network Effect

How the US Navy's NOSS (Naval Operational Supply System) solution will be more agile, responsive, and effective using a network approach.

article thumbnail

A Journey Through Safety Stocks, Part 9

Arkieva

This blog continues the safety stock discussion between Kate and Jane as they evaluate historical sales and lead time data. A Journey Through Safety Stocks, Part 9 was first posted on August 30, 2023 at 7:54 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement.

article thumbnail

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.

article thumbnail

Supply Chain Planning In Excel: A Perilous Path

Logility

Supply chain planning plays a critical role in ensuring operational efficiency, customer satisfaction, and overall success. However, relying solely on Microsoft Excel for supply chain planning can expose businesses to a myriad of risks and limitations. Let’s explore the dangers of using Excel as the primary tool for supply chain planning and discuss the importance of adopting more advanced and specialized solutions.

More Trending

article thumbnail

DIVE In Blog Series Wins Award of Excellence

BlueYonder

As humans, we connect through stories, sharing ourselves so others might learn from a different lens. Our DIVE In blog series does just that, it builds connection and empathy, to normalize conversation across all areas. In August 2020, we transitioned our weekly Wednesdays for Women blog to focus on a more broad, diverse, and inclusive journey of sharing our associates stories to support our DIVE (diversity, inclusion, value and equity) imperative.

article thumbnail

Australia Launches Review of National Freight and Supply Chain Strategy

Supply Chain Brain

The review, which was originally scheduled for 2024, will take place this year to ensure strong and resilient Australian supply chains.

article thumbnail

Transloading: Cracking the Code of Efficient Freight Management

NFI

Reading Time: 3 minutes For many shippers, transloading has become a critical link to connect their international and domestic supply chains. Transloading, the process of transferring freight from one mode of transportation to another, helps to reduce costs while increasing inventory flow and supply chain flexibility.

Freight 84
article thumbnail

Watch: Value Chain Leadership for the Supply Chain Executive

Supply Chain Brain

The difference between a value chain and a supply chain is that the first includes more of a feedback loop from the end consumer, according to Elsy Ocejo, vice president of supply chain at Illes Foods.

article thumbnail

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?

article thumbnail

The Limitations of Forecasts and Plans on Decision Making

Supply Chain Trend

Forecasters and planners are involved in decision making, but make limited decisions with direct business impact themselves. A forecast is an insight or a foresight, a plan is an intent. A decision is only made when resources are irrevocably allocated to the execution of the decision. Without this, multiple forecast and planning options – as advanced as they may be – remain calculations, maybe insights or, at best, recommendations.

article thumbnail

Panama Canal Drought: Lower Water Levels, Higher Supply Chain Risk

Resilinc

What’s happening in the Panama Canal 2023? The Panama Canal, a crucial 50-mile waterway that six percent of all global trade passes through, faced major traffic jams this month due to a historic drought. Two weeks ago, 160 ships were stuck waiting to pass through the canal, carrying everything from auto parts, Barbie dolls, and diabetes test kits, according to Reuters.

Panama 62
article thumbnail

Supply Chain by the Numbers for Aug. 31, 2023

Supply Chain Digest

LTL Carriers Scramble for Yellow Freight Volume. Amazon Raises NonPrime Minimum. Delays at Panama Canal.

Panama 60
article thumbnail

Supply Chain Matters This Week in Supply Chain Tech August 30 2023

Supply Chain Matters

In this August 30, 2023 edition of Supply Chain Matters This Week in Supply Chain Technology we provide capsule highlights of investments announced by supply chain management focused tech providers. In this addition, we highlight announcements involving Redwood Materials and ConverSight. Redwood Materials $1 Billion Series D Funding Battery and EV materials startup Redwood Materials has announced the completion of more than $1 billion in Series D shares.

article thumbnail

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

article thumbnail

What’s the Value of Demand Forecasting?

New Horizon Supply Chain Blog

Introduction I was recently in a conversation about forecasting with a client team, and one individual, whose background was not in supply chain, asked what the value of demand forecasting is. The answer may seem obvious to supply chain professionals, but it’s worth taking a step back and thinking about how to answer this. Of all the most common metrics used to measure supply chain performance, forecast accuracy is the most difficult for colleagues outside of the supply chain function to relate

article thumbnail

Added Evidence of Emerging Regionalization of Global Supply Networks

Supply Chain Matters

The Ferrari Consulting and Research Group, via its affiliated Supply Chain Matters blog calls reader attention to two recently published research papers that address evidence of ongoing shifts in global supply component and end production sourcing. Background As the month of August comes to a close, we wanted to revisit one of our 2023 Predictions for Industry and Global Supply Chains published at the beginning of this year.

article thumbnail

How to save money through suppliers without sacrificing the value they bring

HICX Solutions

By Costas Xyloyiannis, CEO of HICX With inflation hampering product sales and price rises, manufacturers have profits to protect. Many will react, as the sector has done for decades, by beating down suppliers on price. All this does though is bounce the problem around the supply chain. It drains suppliers of the resources they need to deliver vital enhancements – including supplies, information, and ideas – without which, brands are less competitive.

article thumbnail

4 Ways to Achieve Supplier Transparency – and Why it Matters

EC Sourcing Group

Achieving supplier transparency in procurement is often challenging, but it’s a crucial step toward ensuring that your supply chain operates ethically and sustainably. In a world where consumers and stakeholders increasingly demand responsible practices, supplier transparency has become paramount. Here’s why it matters and what you can do to achieve it.

article thumbnail

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.

article thumbnail

Warehouse Track and Trace

IT Supply Chain

By Jay Kim (pictured) Managing Director, BIXOLON Europe GmbH The post Warehouse Track and Trace appeared first on IT Supply Chain.

article thumbnail

Responding without the ability to Predict is Ineffective

Adexa

Responding without the ability to Predict is Ineffective Supply chain leaders deploy prediction strategies to respond better and faster. For example, extra inventory is kept in case an unexpected order from a high priority customer arrives. Without that inventory, your response would be very limited or perhaps none at all. The reality is that the better you predict the less you need to “respond.

article thumbnail

Understanding Sales and Operations Planning (S&OP)

QAD

What is Sales and Operations Planning (S&OP)? Sales and Operations Planning (S&OP) is a structured planning process that uses forecasted customer demand to drive production schedules. It is a “boundary spanning” activity that, in order to be effective, requires active engagement with cross-functional teams including sales, manufacturing, supplier management and business management.

S&OP 52
article thumbnail

Improving Supply Chain Management: What Are the Top Solutions?

IT Supply Chain

By Allen Brown (pictured) Content Writer The post Improving Supply Chain Management: What Are the Top Solutions? appeared first on IT Supply Chain.

article thumbnail

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.

article thumbnail

A Carrier-Centric TMS with Nick Darman

The Logistics of Logistics

Nick Darman and Joe Lynch discuss a carrier-centric TMS, which is exactly what Nick and the Alvys team have built. Nick is the CEO and Founder of Alvys, a transformative TMS for carrier, broker and hybrid operations. About Nick Darman Nick Darman iis the CEO and Founder of Alvys, a transformative TMS for carrier, broker and hybrid operations. During college, Nick began dispatching for his dad’s family-owned trucking business.

article thumbnail

Supply Chain Graphic of the Week on US Import Container Volumes Down

Supply Chain Digest

Long Queues of Ships Awaiting a Berth are Long Gone

article thumbnail

MSC Signs Second Vessel-Sharing Agreement with ZIM

Supply Chain Brain

The agreement will involve five vessels of 6,700 TEUs each, with MSC managing three of the ships.

Shipping 111
article thumbnail

How to Quickly Fulfill Peak Season Orders with Warehouse Robots

Locus Robotics

By Mary Hart It’s that time of year again – no, I’m not talking about not pumpkin spice latte season, although it is also that. Peak season is ramping up as shoppers start to buy gifts for the holidays, and warehousing managers like you are bracing for an uptick in order volumes. According to market research firm, Insider Intelligence , holiday season retail sales are expected to grow 4.5% YoY to $1.328 trillion for the 2023 season, with retail ecommerce expected to make up 19.6% of those sales.

article thumbnail

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.

article thumbnail

Bottoming Out: Freight Rate Rebound Poses Risk for Shippers

Supply Chain Brain

While they still have some operating leverage, shippers should start preparing for the market turn.

Freight 98
article thumbnail

Bridging the digital divide: how APIs are transforming businesses and why you can’t afford to ignore them

Axway

In the bustling streets of our digital world, there’s a hidden force at work, orchestrating the seamless interactions we engage in every day. It’s something most of us take for granted, yet it’s integral to our modern lives.

Trends 69
article thumbnail

HD KSOE Delivers LNG Tanker with an AI Engineer

Supply Chain Brain

The AI engineer is equipped with two engine automation systems that operate in real-time to diagnose the condition of important ship equipment and detect potential emergencies.