Thu.May 23, 2024

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Innovative Synergies: Logistics Tech Lessons from Other Industries

Freightos

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. More Resources Home Innovative Synergies: Logistics Tech Lessons from Other Industries Judah Levine May 23, 2024 Though the logistics and supply chain industry has made and continues to make a lot of progress in its digital transformation, it has a reputation for being part of the late majority or even a laggard in terms of digitalization.

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Supply Chain Optimization: Leveraging Integrated Scenario Planning as a Margin Multiplier

Logistics Viewpoints

Situation Companies are increasingly confronted with complex planning scenarios due to predictable events such as mergers and acquisitions, category expansions, supplier changes, and distribution evolution, as well as disruptive events including demand volatility, material shortages, capacity constraints, and logistical surprises. These challenges necessitate extensive configuration within Advanced Planning Systems (APS) test environments to assess their impacts.

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Generative AI: Force Multiplier for Autonomous Supply Chain Management

The Network Effect

The post Generative AI: Force Multiplier for Autonomous Supply Chain Management appeared first on The Network Effect.

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Why Retail Promotions Fail: Confusing a Promo Problem with a Markdown Problem 

ToolsGroup

Imagine walking into your favorite store, eagerly anticipating a ‘big sale,’ only to find that it has turned into a ‘final markdown’ clearance. As a customer, you might score some great deals, but as a retailer, this signals a missed opportunity and a hit to the bottom line. This is the tale of many retailers who confuse a promo problem with a markdown problem, and it’s costing them more than just profits.

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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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Automated Execution: Driving More Certain Results in an Uncertain World

BlueYonder

For several years, Blue Yonder and Ernst & Young LLP (EY US) have supported a digital transformation of global logistics operations at Bayer Crop Science. Working together, the team has established a common platform, based on Transportation Management and Warehouse Management solutions from Blue Yonder, as well as standardized and automated processes across the company’s enormous logistics footprint.

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Mastering Demand-Driven Material Planning

ModusLink Corporation

Demand planning and data analysis concept. In the dynamic landscape of supply chain management, demand-driven material planning is a crucial strategy for optimizing operations and meeting customer demands efficiently. Let’s delve into the essentials of this approach and explore how businesses can successfully implement it with the expertise of ModusLink.

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Robot onboarding

Supply Chain Movement

What is holding companies back from deploying more robots in the warehouse? The ongoing labour shortage in the Netherlands and surrounding countries is forcing companies to look at solutions for staffing warehouses and distribution centres. Attracting warehouse workers from Eastern Europe is one solution, but is increasingly encountering problems as decent and affordable housing becomes scarcer due to the current acute housing shortage.

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6 Cost-Cutting Strategies LogiNext’s Supply Chain Visibility Software Can Offer for Your CEP Business 

Loginext

Discover how business can optimize their CEP operations using LogiNext's supply chain visibility software. Learn six key strategies to cut costs, improve delivery efficiency, and boost customer satisfaction through real-time tracking, optimized routes, automation, and end-to-end visibility. The post 6 Cost-Cutting Strategies LogiNext’s Supply Chain Visibility Software Can Offer for Your CEP Business appeared first on loginextsolutions.com.

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Inside the Construction Supply Chain: Trends and Innovations

RFgen

The construction supply chain is complex. For example, there are several key players and collaborators who work in conjunction with each other both in front and behind the curtain. Since 2021, the cost of building materials has been increasing in countries all over the world. The producer price of construction materials in the United States reached a growth rate of nearly 27 percent in 2021.

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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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Is There a Journey Beyond the Gen AI Prototype? Why Do Retail Companies Fail at Adopting Gen AI

IT Supply Chain

By Olga Romanova (pictured) Retail & Distribution Engagement Manager, DataArt The post Is There a Journey Beyond the Gen AI Prototype? Why Do Retail Companies Fail at Adopting Gen AI appeared first on IT Supply Chain.

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Target Reports Disappointing Financial Performance

Supply Chain Matters

Supply Chain Matters provides highlights and added perspectives to retailer Target’s recent report of first quarter financial and operational performance. Another Disappointing Quarter U.S. retailer Target ’s recent report of quarterly financial performance was headlined by falling same store sales and operating profitability. Revenue Levels Total revenues declined by 3.1 percent to $24.5 billion.

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What New Insights Can XPS Offer in the Study of Corrosion Resistance in Metals?

IT Supply Chain

By Mike Bronson (pictured) Content Writer The post What New Insights Can XPS Offer in the Study of Corrosion Resistance in Metals? appeared first on IT Supply Chain.

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Port of Baltimore to Reopen

Supply Chain Matters

A little over eight weeks since a container ship slammed into the Francis Scott Key Bridge spanning an entrance to the Port of Baltimore , the main channel is on track to open by the end of May. Three other temporary channels are now open for ship traffic to this port. As we noted in our initial Supply Chain Matters posting regarding this incident, this disaster has made U.S. and global wide headlines, not only for the significance of such a tragedy, but as a fresh reminder that events of such m

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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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Bridging the Gap: Transitioning from Industry 4.0 to Industry 5.0

IT Supply Chain

By John Hampton (pictured) Content Writer The post Bridging the Gap: Transitioning from Industry 4.0 to Industry 5.0 appeared first on IT Supply Chain.

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Interview with 3DPrint: DiManEx Combines, 3D Printing, AI and Analytics to Optimize Your Supply Chain

DiManEx

Dimanex combines 3D printing, AI, and analytics to optimize your supply chain. In a recent interview with 3DPrint.com, Pieter explains how our innovative approach helps companies operate more efficiently and effectively by leveraging advanced technologies. Discover how this integration of 3D printing and data analytics leads to significant improvements in manufacturing processes and inventory management.

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Analysis of the Biden Administration Tariffs

IT Supply Chain

By Jenna Slagle (pictured) Senior Data Analyst at project44 The post Analysis of the Biden Administration Tariffs appeared first on IT Supply Chain.

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Product Lifecycle Management Explained: What is PLM?

Unleashed

Knowing your product lifecycle, from introduction to decline, is crucial because it guides you through the various stages of your product’s journey in the market. Understanding this cycle enables you to make informed decisions on marketing, pricing, and product development – and allows you to adapt your strategies to each phase to maximise profitability and longevity.

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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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What is Bullwhip Effect? Supply Chain Management Explained

ThroughPut

The Bullwhip Effect is a phenomenon where slight fluctuations in demand at the retail level cause progressively larger fluctuations in demand at the wholesale, distributor, and manufacturer levels. This phenomenon leads to significant inefficiencies and increased costs in business operations. Understanding and mitigating the bullwhip effect enables better supply chain management and more efficient and resilient supply chains.

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In Memoriam: C. Gordon Bell

Enterra Insights

“The history of computers goes back over 200 years,” writes history journalist Timothy Williamson. “At first theorized by mathematicians and entrepreneurs, during the 19th century mechanical calculating machines were designed and built to solve the increasingly complex number-crunching challenges. The advancement of technology enabled ever more-complex computers by the early 20th century, and computers became larger and more powerful.”[1] The computing era began in earnes

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Supply Chain Graphic of the Week on Online versus Total Retail Sales

Supply Chain Digest

OnLine Share Actually Fell for Two Years, Now on Rise

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Happening Now: A sharp spike in container shipping demand

West Coast and California Logistics

According to the JOC , the container shipping market has experienced an unexpected sharp spike in demand, which seems to be an early start to the peak season. This early rush may be driven by shippers' fears of disruptions from labor negotiations on the US East Coast, or due to rerouting services around Africa.

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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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Inventory Fitness: Governance, Targets and Segmentation

Supply Chain Brain

Without an inventory governance program, working capital will not align with your business aspirations. Attack inventory directly with Oliver Wight in this fast-paced, concise webinar on Inventory Governance.

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What are DOT Truck Weight Limits by State?

I.C.E. Transport

There is a very costly misconception regarding ocean shipping that may lead global shippers of heavy freight to pay far more than needed. Specifically, steamship lines promote the idea that container weights must be limited to 44,000 lbs or less to stay within “legal” limits. Knowing the actual DOT truck weight limits by state can easily lead to six-figure savings for large-volume shippers of heavy freight.

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Norfolk Southern Agrees to $310M Settlement for 2023 Train Derailment

Supply Chain Brain

Norfolk Southern has also paid out an additional $780 million for environmental response efforts since the derailment.

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FAA Warns of 'Long Road' for Boeing as Deadline for Safety Plan Looms

Supply Chain Brain

The FAA flagged dozens of manufacturing issues for Boeing's 737 Max aircraft as part of an audit released in March.

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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.