Wed.Jul 19, 2023

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Editor’s Pick: Are Current Trucking Spot Rates Sustainable?

Talking Logistics

Note: Today’s post is part of our “Editor’s Pick” series where we highlight posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This July 2023 post from Uber Freight’s blog compares current trucking spot rates to carrier operating costs and what the current environment.

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Only as Good as Your Data: Why Supply Chain Digital Twins Require Real-Time Data Unification

ToolsGroup

The term “digital twin” is a little mysterious. And the application of one even moreso. A digital twin is a model that can be created for a number of things – a jet engine, a factory, even a human heart. But here, we’ll be talking about supply chain digital twins. A supply chain digital twin is a complete model of your supply chain that allows you to run what-if scenarios and determine the most efficient use of resources for fulfilling demand.

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Environmental Sustainability in Logistics

Logistics Viewpoints

Supply chain sustainability can mean a lot of things to a lot of people. As I have written about before, supply chain sustainability , or the notion of going green, is a hot topic as companies and countries look at their overall carbon footprint and look for ways to be more environmentally friendly. A few ways companies can begin to offset their carbon footprint is to take a deeper look at product packaging, energy efficiency, alternative fuels, route optimization, and returns and recycling pro

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How to Elevate your Product Segmentation Strategy with Supply Chain Optimization?

AIMMS

Product segmentation strategies trigger leaders to rethink their supply chain optimization plans, by focusing on cost-efficiency, service, and sustainability.

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Enterprise ABM Marketing Tools: A Marketer's Guide

Savvy B2B marketers know that a great account-based marketing (ABM) strategy leads to higher ROI and sustainable growth. In this guide, we’ll cover: What makes for a successful ABM strategy? What are the key elements and capabilities of ABM that can make a real difference? How is AI changing workflows and driving functionality? This Martech Intelligence Report on Enterprise Account-Based Marketing examines the state of ABM in 2024 and what to consider when implementing ABM software.

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With ToolsGroup’s AI-Powered Planning, Legami Delivers Customer-Centric Service While Driving Business Growth

ToolsGroup

The Italian consumer goods company applies ToolsGroup’s probabilistic forecasting and inventory optimization across its expansive network to enhance customer experience and business value. BOSTON – July 20, 2023 – ToolsGroup , a global leader in supply chain and retail planning and optimization software, is thrilled to announce it has been selected by Legami , the Italian consumer goods company, to support its supply chain enhancement initiatives for heightened customer satisfaction and business

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Over 60% of Logistics Companies Are Investing in Supply Chain Management Systems

Supply Chain Brain

Almost all logistics organizations will either increase or maintain their current levels of investment in new IT systems and technologies over the next 12 months.

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Efficient Consumable Inventory Management

My Office Apps

Efficient Consumable Inventory Management: Tips for Success in Supply Chain Optimization Welcome to the ultimate guide to efficient consumable inventory management! If you’re looking to streamline your supply chain, reduce costs, and achieve maximum efficiency in your business operations, you’ve come to the right place. From inventory tracking to stock rotation and fostering strategic supplier partnerships, we’ll show you the secrets to mastering consumable inventory management

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Watch: Money Matters: Connecting Supply Chain and Finance

Supply Chain Brain

While it's important to connect the supply chain to finance, all company functions and departments must be linked, says Reggie Twigg, supply chain marketing lead at Anaplan.

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Supply Chain by the Numbers for July 20, 2023

Supply Chain Digest

Mixed Results for ATA Tonnage Index for June. Cost of Hydrogen Big Barrier to Adoption in Cars, Trucks. US Manufacturing Output again Flat in June.

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GEP Outlook Report 2025

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic

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How SMBs are Harnessing Powerful Data on Their Plant Floor

OptiProERP

The manufacturing industry constantly strives for higher productivity, superior product quality, and cost optimization. In recent years, the rise of the “Smart Manufacturing” revolution has brought about unprecedented possibilities for manufacturers to achieve these goals successfully. At the core of this transformative wave lies the power of industrial Artificial Intelligence (AI) and Machine Learning (ML).

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Industry Supply Chain Implications to Slower Economic Growth Across China

Supply Chain Matters

The Ferrari Consulting and Research Group via its affiliated Supply Chain Matters blog provides supply chain focused perspectives on this week’s indications of slower economic growth across China. Background This week, China’s Statistics Agency reported that the country’s economy grew a disappointing GDP growth rate of 6.3 percent in Q2-2023, representing a less than one percent increase from Q1-2023 reported GDP growth.

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Economic Update — June 2023

American Global Logistics

Economics and Logistics Quarterly Update—June 2023 Uncertainty in economics is a given. Uncertainty in logistics is also a given. The pandemic increased the inherent uncertainty in the economy and the logistics industry. That led to the move to transformation, which further contributes to uncertainty. Understanding the underlying data and their trends can influence how you run your business and your supply chain.

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AB&R® Named a 2023 “Top Company to Work for in Arizona” Nine Years Running

AB&R

AB&R® Celebrates Nine Consecutive Years Being a Top Company to Work for in Arizona AB&R® (American Barcode and RFID Inc.), a nationwide provider of proven supply chain solutions, has earned the title of being one of the 2023 Arizona Capitol Times “Top Companies to Work for in Arizona, for the nineth year in a row. AB&R® offers tremendous growth opportunities within the company and ensures that their employees feel valued.

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4 AI Hacks to Make Sales Teams More Efficient

Over the last two years, there’s been a 76 percent increase in AI adoption across sales organizations. The reason for its rise? AI increases teams’ productivity by predicting and automating actions that require manual effort. In other words, the research that takes reps hours, AI can do in seconds. For sales teams, AI opens up a world of new possibilities, including automating outreach, identifying best-fit buyers, and keeping CRMs flush with fresh data.

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Canada West Coast Port Strike Resumes After Union Workers Rejection of Agreement

Supply Chain Matters

After last week’s news of a tentative agreement being reached between The British Columbia Maritime Employers Association and the International Longshore & Warehouse Union Canada labor union, after a 13-day labor stoppage, union workers voted yesterday to reject the agreement and return to picket lines. According to reporting by Reuters , Minister of Labor Seamus O’Regan and Transport Minister Omar Alghabra indicated in a joint statement the BCMEA had accepted the deal in full, but IL

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Revolutionizing Inventory Planning: Overcoming Pitfalls | StockTrim

StockTrim

Effective inventory planning is essential for success in the fast-paced industries of manufacturing, retail warehousing, e-commerce, and wholesale. Manual inventory management processes can be laborious, error-prone, and time-consuming, hindering business efficiency. Businesses are adopting innovative solutions like inventory planning software. This blog explores how such software empowers businesses to revolutionize inventory planning, streamline processes, and optimize supply chain management.

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Maersk Breaks Ground on Atlanta-Based Air Cargo Hub

Supply Chain Brain

The new location offers direct planeside recovery, immediate unit load device (ULD) transfers to the facility and reduced processing fees.

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Staying Cool with Locus Robotics: Enhancing Warehouse Efficiency and Comfort in Summer Heat

Locus Robotics

By Kary Zate, Sr. Director Marketing Communications As the summer heat intensifies, warehouse environments often become challenging workplaces. High temperatures combined with physical labor can lead to worker discomfort, even health risks. But thanks to technological advancements, solutions are emerging that not only increase efficiency but also significantly enhance worker comfort.

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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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Teamsters Union Threatening Strike Against Yellow Corp.

Supply Chain Brain

The union said that a board overseeing the Teamsters' pension and welfare funds will suspend benefits starting July 23 unless Yellow Corp. makes the payments it missed July 15.

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Open your integration ecosystem with intelligent MFT

Axway

Managed File Transfer is a modern-day workhorse, but it is also not the entire story of how data gets from point A to point B. The data itself, contained in MFT files or otherwise, has become a critical currency today.

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Five European Countries Agree to Extend Ukrainian Grain Ban

Supply Chain Brain

Slovakia, Hungary, Romania, Bulgaria and Poland will still let Ukrainian food exports move through their land to other parts of the world.

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Streamlining Inventory Processes: Conquer Manual Challenges | StockTrim

StockTrim

Efficient inventory planning is essential in today's fast-paced manufacturing and retail warehousing, optimizing operations and meeting customer demands. However, manual inventory management processes can be time-consuming, error-prone, and inefficient. But with the advent of advanced planning technology, businesses now have a powerful tool. This blog explores the key benefits and functionalities of advanced planning technology in streamlining inventory processes.

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How to Create Sales Email Sequences That Convert

Modern go-to-market teams know it takes more than one email to break through the noise. Multiple touchpoints means more ways to get your pitch right — and, potentially, more ways to be wrong. The good news? Once you know how to write compelling, one-off emails to entice prospective customers, you can easily do the same across a short sequence of emails.

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Tata Group to Build Battery Gigafactory in the U.K.

Supply Chain Brain

Tata will invest over £4 billion ($5.15 billion) to build the battery cell gigafactory factory, which is expected to create up to 4,000 jobs.

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Mastering Inventory Management With Planning Technology | StockTrim

StockTrim

Effective inventory management is crucial for success in the fast-paced world of manufacturing, wholesale, e-commerce, and retail. However, manual inventory processes can be cumbersome and prone to errors, leading to challenges such as excess inventory, stockouts, and dissatisfied customers. To tackle these hurdles, businesses are turning to innovative solutions like inventory planning software.

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Streamlining the Bill of Lading With AI

Supply Chain Brain

Logistics companies are increasingly turning to software providers to innovate and create a digital experience in bill of lading management.

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Optimizing Inventory Operations & Enhancing Efficiency | StockTrim

StockTrim

In today's competitive business landscape, small manufacturing, wholesale, e-commerce, and retail businesses face numerous challenges in managing inventory operations efficiently. Optimizing inventory operations is crucial for meeting customer demand, reducing costs, and maximizing profitability. This article explores the key issues of optimizing inventory operations and how advanced planning software can unleash the potential for increased efficiency.

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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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Egypt Plans to Resume LNG Exports this Fall, Minister Says

Supply Chain Brain

The country didn’t export a single LNG cargo during June and has dispatched only one shipment so far in July.

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From Manual Struggles to Operational Excellence: Unlocking the Power of Inventory Planning

StockTrim

In today's rapidly evolving business landscape, small businesses in manufacturing, wholesale, e-commerce, and retail face significant challenges when it comes to managing their inventory effectively. Manual inventory management often leads to poor inventory management, accurate forecasting, overstocking, stockouts, and efficient storage allocation. However, by embracing the power of innovative inventory planning software, businesses can transcend these manual struggles and achieve operational ex

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How Technology Is Combating the Trucker Shortage

Supply Chain Brain

Millions of Americans have grown accustomed to next-day and same-day delivery of their goods. But that level of service might not be sustainable for much longer.