Tue.Jan 30, 2024

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Wholesale Planning Simplified for Retailers

ToolsGroup

Optimize inventory productivity across all channels with JustEnough v2023.4 Wholesale channels are no longer a backup channel for retailers. Smart retailers are planning their wholesale channels just as strategically as they leverage storefronts and e-commerce. The challenge for retailers is that many planning tools treat wholesale as just another channel, missing the nuances that effective wholesale planning requires.

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Tecsys Becomes Only WMS Provider to Achieve AWS Supply Chain Competency in Three Categories

Tecsys

Tecsys achieves AWS Supply Chain Competency in three categories, highlighting their commitment to innovative cloud-based solutions for supply chain management. Learn more about their expertise and customer success.

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Charting CFO paths: 2023-24 insights report

Taulia

Interest rates, political instability, and the potential for recession were key priorities for CFOs during 2023. One year ago, CFOs were grappling with inflation, supply chain disruption, and the need to maintain a positive cash position. This report takes a look back at how 2023 shaped up against our surveyed CFO predictions and looks forward to their priorities for 2024.

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Keeping the shelves supplied in 2024

IT Supply Chain

By Edward Hutchison (pictured) Managing Director of BITO Storage Systems The post Keeping the shelves supplied in 2024 appeared first on IT Supply Chain.

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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 Chains Driving Profitable Growth

Supply Chain Brain

Operational expectations for supply chains continue to rise, where optimal efficiency, swift speed, rigorous cost control and an elevated customer experience have become table stakes. In addition to operational excellence, CEOs are looking to their supply chains to address a new challenge: driving profitable growth for the enterprise.

More Trending

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Supercharging Supplier Collaboration Through a Digitally Connected Ecosystem

Supply Chain Brain

Effective supplier collaboration is a key requirement for increasing maturity of supply chain operations. To address the needs for sharing more information in a more structured way, organizations typically end up deploying a number of supply chain applications and collaboration tools that collectively meet all of their requirements and use cases.

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Nominations Now Open: Ready To Be ICONic?

BlueYonder

We’re gearing up for an exciting May 13-16, 2024, at Blue Yonder’s premier customer event, ICON, and are excited to announce the return of Blue Yonder’s ICONic Customer Awards for 2024. At ICON you will be surrounded by inspiring industry peers and leaders, and ICONic Customer Awards will recognize the best of the best. Our ICON theme this year is “Superpowered Supply Chains” so it’s only fitting that our ICONic Customer Awards celebrate the organizations and individuals who are powering supply

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Majority of Industrial Businesses Facing Resource Scarcity, Study Finds

Supply Chain Brain

Over a third of participants said that resource scarcity has led to increased costs for their businesses while another 27% said that these limitations have caused supply chain disruptions.

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Supply Chain Services Headcount Reductions Continue

Supply Chain Matters

Supply Chain Matters highlights added reports of headcount reductions occurring across various supply chain industry services sectors. UPS Cutting Upwards 12,000 Management Level Jobs Parcel and supply chain specialty services provider UPS announced today plans to trim upwards of 12,000 jobs in 2024 as a result of a protracted decline in business volumes along with the consideration of increased use of advanced technologies.

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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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2024 Supply Chain Economic Update

American Global Logistics

Understanding the underlying data and their trends can influence how you run your business, shaping your success in these volatile, uncertain, complex, and ambiguous (VUCA) times. It helps monitor important economic and supply chain signs when things are uncertain. Doing this can give you an edge over your competitors when looking at the 2024 supply chain landscape.

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Extend Epicor BisTrack with Smart IP&O’s Dynamic Reorder Point Planning & Forecasting

The Smart Software

In this article, we will review the “suggested orders” functionality in Epicor BisTrack, explain its limitations, and summarize how Smart Inventory Planning & Optimization (Smart IP&O) can help reduce inventory & minimize stock-outs by accurately assessing the tradeoffs between stockout risks and inventory costs. The post Extend Epicor BisTrack with Smart IP&O’s Dynamic Reorder Point Planning & Forecasting appeared first on Smart Software.

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13 Popular Procurement Trends in 2024 & Beyond

Kodiak Hub

As we enter the new year of this disruptive decade, it’s never been more important for Procurement to stay proactive and prepare for the future. After navigating the COVID-19 crisis, Procurement, Sourcing, and Supply Chain teams have continued to face new challenges — with geopolitical conflicts, rising costs, the effects of climate change, new regulations and consumer demands, talent gaps, and more.

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January 30, 2024 Update

Freightos

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. More Resources Home January 30, 2024 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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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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Studies Show Augmented Intelligence Solutions Improve Productivity

Enterra Insights

Since the public release of large language models (LLMs), like ChatGPT, a plethora of articles have been written about how artificial intelligence (AI) will take over jobs currently performed by humans. There are certainly reasons to be concerned; however, those concerns may be overblown. Like other technologies, artificial intelligence was initially developed to help humans become more productive.

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Supply Chain Graphic of the Week on US Retail on a Roll

Supply Chain Digest

Vacancies at US Shopping Centers Fell to just 5.

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Planting Trees Gives Blue Yonder Associate Sense of Fulfillment

BlueYonder

In India, Blue Yonder’s Corporate Social Responsibility (CSR)/BYCares team is actively engaged in community activities throughout the year. It is a very efficient and strong team that works together, sharing a common interest: work for the betterment of fellow beings. Associate Ramya Jayaram shares her experience participating in a recent tree planning activity.

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Supply Chain News on More Drama at New Age Global Logistics Firm Flexport with another Round of Layoffs

Supply Chain Digest

Profitable by End of 2024

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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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Chinese Wind, Solar Capacity to Overtake Coal in 2024

Supply Chain Brain

The China Electricity Council said that wind and solar energy would make up about 40% of installed power generation capacity in 2024, compared to coal's 37% capacity.

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Made4net’s 2024 Warehouse Manager’s Guide to Picking a WMS

Supply Chain 24/7

Made4net helps you discover they keys for finding the right Warehouse Management System (WMS).

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United Executive Blames Boeing Problems on Worker Inexperience

Supply Chain Brain

United Airlines’ EVP of Finance said "part of the problem" is that the industry didn't anticipate the difficulties that would arise following a return to normalcy after the COVID-19 pandemic.

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Filtering Through Various WMS Solutions for Your Warehouse Operations

Supply Chain 24/7

Made4net helps you pick a Warehouse Management System (WMS) that fits your business goals and 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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UPS to Cut 12,000 Jobs, Bring Workers in Five Days a Week

Supply Chain Brain

The jobs reduction will save $1 billion this year, said CEO Carol Tomé during an earnings conference call with analysts January 30.

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Success Stories: New Balance- From Comfort Footwear to Global Sneaker Sensation!

Loginext

New Balance's journey is a testament to authenticity and evolution. From humble beginnings as an arch support company to a global force in sportswear, its commitment to functionality over fashion has set it apart. Embracing creativity and innovation, New Balance continues to leave an indelible mark on the world of sneakers and beyond. The post Success Stories: New Balance- From Comfort Footwear to Global Sneaker Sensation!

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Watch: Electronics Inventories: From Shortage to Glut

Supply Chain Brain

P.S. Subramaniam, a partner in the Strategic Operations and Performance practice of Kearney, explains how electronics manufacturers went from having too few materials and components on hand to too many in a very short time — and how they can do a better job of planning in the future.

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How 3PL Profit Margins Are Buffered By Optimization

MercuryGate

As 3PLs continue to navigate the complexities of global logistics, TMS stands as a crucial ally, driving efficiency, fostering informed decision-making, and ensuring agility in a constantly evolving industry. The post How 3PL Profit Margins Are Buffered By Optimization appeared first on MercuryGate International.

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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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Vietnam, Philippines Expanding Cooperation in the South China Sea

Supply Chain Brain

Under the deals, Vietnam said it would supply the Philippines with 1.6 million to 2.2 million tons of rice annually.

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D2C Trends for Growth in 2024

Vinculum

D2C (Direct to Consumer) is a marketing, sales and customer relationship approach in which brands serve customers directly without using intermediaries such as distributors and retailers. Though the D2C approach has been around for a very long time, it has accelerated with online sales and customers seeking ways to shop anywhere and get goods delivered anywhere that it is convenient for them.

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Innovation on a Budget: Labor Management vs. Full Automation

Supply Chain Brain

In the face of record-low unemployment and rising wage levels, a labor management program can offer multiple advantages.