Thu.Mar 28, 2024

article thumbnail

Will 2024 be the Year of Automation and AI in the Supply Chain?

Enterra Insights

Late last year, the staff at Digitate released the results of a survey entitled “AI and Automation: Laying the Foundation for the Autonomous Enterprise.” The survey found, “90% of IT decision-makers plan to deploy more automation, including AI, in the next 12 months.”[1] The survey also found, “More than one-quarter of respondents (26%) plan to implement machine-operated tasks that require limited human input or fully transition to autonomous systems in the next five years.

article thumbnail

ToolsGroup and Scarpe&Scarpe to Present at eP Summit, April 9-10, Florence, Italy

ToolsGroup

Scarpe&Scarpe Reveals How ToolsGroup’s AI-Driven Solutions Transformed Business Operations, Optimizing Margins and Eliminating Overstock BOSTON – March 28, 2024 – ToolsGroup is excited to announce our participation in the upcoming eP Summit 2024, the Pitti Immagine event focused on the relationship between fashion and the digital world in Florence, Italy, on April 9-10.

Italy 156
Insiders

Sign Up for our Newsletter

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

article thumbnail

Watch: Navigating Today's Supply Chain Finance Challenges

Supply Chain Brain

Fermin Caro, managing director of boutique bank ComCap, discusses how to deal with today's supply chain challenges.

article thumbnail

How to Choose the Right Automotive Supplier for Your Needs

IT Supply Chain

By Mike Bronson (pictured) Content Writer The post How to Choose the Right Automotive Supplier for Your Needs appeared first on IT Supply Chain.

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

Podcast | How to Save Money in Your Supply Chain

Supply Chain Brain

There has never been a greater need for reducing costs in global supply chains than right now. Here, we discuss a number of cost-cutting options available.

More Trending

article thumbnail

Winning artificial intelligence

Supply Chain Movement

What will be the most successful application of artificial intelligence (AI) in the supply chain? Since IT vendor OpenAI launched ChatGPT in November 2022, there has been a real hype around generative AI. According to recent research by analyst firm Gartner, half of supply chain executives expect to adopt generative AI (GenAI) this year. However, they probably do not yet have a concrete idea of how to meaningfully deploy this text- and code-generating AI application, trained by a large language

article thumbnail

Eight million jobs at risk from rise in artificial intelligence

IT Supply Chain

By Mike Loukides (pictured) Vice President of Emerging Tech, O’Reilly The post Eight million jobs at risk from rise in artificial intelligence appeared first on IT Supply Chain.

article thumbnail

Integrating an ERP System with Logistics Management Software for a 30% Boost in ROI

Loginext

Go in-depth and understand how integrating an ERP with a LMS helps benefit businesses boost their ROI by 30%. With its seamless integration, centralized platform, automation capabilities, and real-time visibility, LogiNext exemplifies the pinnacle of supply chain efficiency. The post Integrating an ERP System with Logistics Management Software for a 30% Boost in ROI appeared first on loginextsolutions.com.

article thumbnail

Patching Frequency for Zero-Day Vulnerabilities is Deteriorating

IT Supply Chain

By Robert Hannigan (pictured) Head of BlueVoyant International Business The post Patching Frequency for Zero-Day Vulnerabilities is Deteriorating appeared first on IT Supply Chain.

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

Make the Promise, Keep the Promise: How an Integrated Supply Chain Fosters Greater Trust

BlueYonder

In the retail industry, on-time in-full (OTIF) isn’t just a target — it’s the value system at the heart of retail that keeps the industry alive. When orders are delivered on time and in full, the fulfilled promise doesn’t just build trust with the customer; it also builds trust between the links in the supply chain. Trust that the demand planners will have their promises fulfilled so that assortment planners will have their promises fulfilled so that inventory will have their promises fulfilled,

article thumbnail

Entrepreneurial Insights: How to Navigate Business Debt for Success

IT Supply Chain

By Richard Pearson (pictured) Content Writer The post Entrepreneurial Insights: How to Navigate Business Debt for Success appeared first on IT Supply Chain.

How To 59
article thumbnail

AI in the Food Industry: Case Studies, Challenges & Future Trends

ThroughPut

Integrating Artificial Intelligence (AI) within different segments of the Food Industry, including transportation and logistics, production planning, quality control, and others has kicked off revolutionary transformations. Whether it is optimizing supply chains to reduce waste or adopting smart agriculture practices to improve yield, AI impacts efficiency, personalization and sustainability.

article thumbnail

Navigating the Supply Chain Impact of the Francis Scott Key Bridge Collapse 

Freight Plus

With the intricate nature of global commerce, bridges often serve as unsung heroes, quietly facilitating the movement of goods essential to economies worldwide. However, when one of these crucial links falters, the repercussions ripple far beyond the span of concrete and steel. Such is the case with the recent tragic collapse of the Francis Scott […] The post Navigating the Supply Chain Impact of the Francis Scott Key Bridge Collapse appeared first on FreightPlus.

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

Supply Chain Matters News Capsule Update- March 28 2024

Supply Chain Matters

The Supply Chain Matters blog provides an updated news capsule follow-up relative to supply chain management and industry developments that we have shared previously on this blog. Included in this update are updates involving Fisker , Lucid Group , Volkswagen and BYD. Fisker Obtains Conditional Added Financing Earlier this month we highlighted that electric vehicle company Fisker had issued a going concern warning amid continued production and supply chain challenges.

article thumbnail

Data-driven decision making in manufacturing

SYSPRO Smarter ERP

Data-driven decision making is the process of collecting the data that a company uses, and transforming it into actionable insights. It is a modern business strategy that lets company staff make decisions based on facts instead of biases. Using data to find patterns, inferences, and insights ensures that your company goals and plans are based on evidence and that decisions made are balanced and objective.

article thumbnail

Walmart TMS and Commercializing Supply Chain Innovation

Supply Chain Digest

Walmart Offers its TMS to the Overall Market.

article thumbnail

Lloyd’s of London Says Baltimore Bridge Collapse Could Lead to Record Insurance Loss

Supply Chain Brain

Barclays said claims for damage to the bridge alone could reach $1.2 billion, along with hundreds of millions of dollars for business disruption caused by the port’s closure.

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

Customer Loyalty in the Age of the ‘Zero Consumer’

Saleswarp

Customer loyalty is a nuanced concept. McKinsey and Company coined the term “zero consumers” to describe a new type of shopper – one with little patience, zero brand loyalty, and a strong preference for convenience. SAP Emarsys’ 2023 Customer Loyalty Index survey shed light on the evolving landscape of customer loyalty. The survey, encompassing more than 10,000 consumers globally, reveals a decline in brand loyalty from 79% to 68%.

article thumbnail

Battle over EVs in China Intensifies as Xiaomi Announces Sedan to Challenge Tesla Model 3

Supply Chain Brain

The smartphone company will look to challenge Tesla's status as one of China's most popular EV manufacturers.

China 98
article thumbnail

Essential Negotiation Skills for Procurement Professionals

ProcurePort

Negotiation is at the heart of procurement. Whether you’re securing the best prices, managing supplier contracts, or resolving disputes, the ability to negotiate effectively is crucial for procurement professionals. In business today, being good at negotiation is more than just getting a good deal. It’s also about creating lasting relationships, reducing risks, and creating value […] The post Essential Negotiation Skills for Procurement Professionals appeared first on ProcurePo

article thumbnail

Baltimore Bridge’s $2 Billion Rebuild Starts With Clearing Ship

Supply Chain Brain

A salvage firm that helped contain the Deepwater Horizon oil spill and safely demolished part of New York’s Tappan Zee Bridge with explosives is heading to Baltimore.

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

Customer Loyalty in the Age of the ‘Zero Consumer’

Saleswarp

Customer loyalty is a nuanced concept. McKinsey and Company coined the term “zero consumers” to describe a new type of shopper – one with little patience, zero brand loyalty, and a strong preference for convenience. SAP Emarsys’ 2023 Customer Loyalty Index survey shed light on the evolving landscape of customer loyalty. The survey, encompassing more than 10,000 consumers globally, reveals a decline in brand loyalty from 79% to 68%.

article thumbnail

Home Depot Buys Roofing Company for $18B in Push for Pro Customers

Supply Chain Brain

SRS Distribution has 760 locations along with 4,000 trucks that transport materials to job sites, and reported $10 billion in revenue in 2023.

Company 98
article thumbnail

UFLPA: Non-Compliance is Not an Option

QAD

News broke this February that customs officials in the United States had confiscated thousands of cars made by Volkswagen. The VW brands impacted included Porsche, Bentley and Audi. Authorities claimed that the cars included parts made with forced labor in China’s Xinjiang region. VW is certainly not the first major automaker to fall afoul of the Uyghur Forced Labor Prevention Act (UFLPA).

article thumbnail

PFAS Risks in 2024: Common Compliance Pitfalls for Manufacturers

Supply Chain Brain

The urgency around per- and polyfluoroalkyl substances (PFAS) is growing, and it has never been more critical for manufacturers to be proactive about reducing and eliminating them from production.

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

In-Bond Shipment Process: A Comprehensive Guide for Ecommerce Businesses

ShipBob

Ecommerce businesses that import products internationally are typically concerned with two things: The speed at which the products will arrive at their warehouse The impact on their cash flow The journey of a large shipment from China to the US doesn’t simply leave a warehouse and arrive at your business’s doorstep. Before reaching you, it must navigate through US Customs and Border Protection (CBP).

article thumbnail

China to Lift Costly Three-Year-Old Tariffs on Australian Wine

Supply Chain Brain

Prior to the tariffs, China was Australia's biggest wine importer, amounting to 1.1 billion Australian dollars ($710 million) a year in 2019.

China 52
article thumbnail

Nearshoring Is Booming in Mexico. Here Are Five Numbers to Prove It

Supply Chain Brain

Businesses in the U.S., Canada, and even South America have been bringing their supply chains closer to the consumer — that is, nearshoring — and Mexico has been the beneficiary.

Mexico 115