Mon.Jun 17, 2024

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Circular Economy Approaches to Disposable Food Packaging: Closing the Loop in the Supply Chain

All Things Supply Chain

Critics of cradle-to-grave sustainability efforts have long hoped for simple, and easier alternatives when it comes to food packaging. Fortunately, the circular economy offers the perfect solution.

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Forecasting the Long Tail and Intermittent Demand

ToolsGroup

Items with intermittent, unpredictable or “long tail” demand are a growing part of business. You don’t have to be an internet retailer like Amazon to see it. Companies are dealing with more slow moving items with unpredictable demand patterns. This is making demand forecasting and inventory management more difficult, and the ability to recognize predictive demand signals more vital.

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Forecasting Evaluation Pitfalls

BlueYonder

In Part 1 of this blog post , we introduced censored sales probability distributions. Let’s now get our hands dirty and see what finite capacity means in practice. We start by pointing out subtle pitfalls that one might inadvertently fall into in order to then share how we typically solve the situation. Mistaking sales for demand Your manager might ask you to just ignore this blog post entirely to obtain both a “first simple model” and a “rough estimate of the model quality.

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Key Insights from Gartner Supply Chain Symposium/Xpo™ 2024: Rethinking the Future of Supply Chain

ToolsGroup

Last week at the Gartner Supply Chain Symposium/Xpo™ 2024 conference in Barcelona, the supply chain community gathered for one of the most anticipated events of the year. Industry leaders, innovators, and professionals came together to explore the latest trends, technologies, and strategies that are shaping the future of supply chain management. The conversations were both dynamic and thought-provoking, reflecting the complex and rapidly evolving nature of global supply chains.

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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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7 Basic Types of Supply Chain Risks

Precoro

With new products constantly entering the markets and increased availability of international trading, supply chains are now more complex than ever before. A supply chain is a logistical system consisting of the buying company and its partners, such as suppliers, delivery agents, and distributors, that encompasses the process of turning raw materials or goods into the final product and distributing them to customers.

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How To Navigate Supply Chain Challenges: Resilience and Adaptability in the Modern Business World

SCMDOJO

The power to guide supply chain challenges effectively is essential for any business in a difficult and fast-paced industry. According to statistics, the global supply chain control market is predicted to reach USD 37.41 billion by 2027. In charge of maintaining seamless processes and securing long-term success, current businesses must focus on stability and modification due to unexpected disorders and transforming market necessities.

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Behind Every Supply Chain Are Lots of Spreadsheets

Supply Chain Brain

Like it or not, s preadsheets are still the go-to planning software in the supply chain industry.

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Adexa is Recipient of 2024 Top Supply Chain Projects Award

Adexa

Supply & Demand Chain Executive Names Adexa Recipient of 2024 Top Supply Chain Projects Award For immediate release Marketing Manager Contact: Ron Wilson | (310) 642-2122 | rwilson@adexa.com Los Angeles, California – June 17, 2024 — Supply & Demand Chain Executive , the only publication covering the entire global supply chain, and Food Logistics , the only publication exclusively dedicated to covering the movement of product through the global cold food supply chain, named Adexa as one o

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Solving Your IBP Problems With the World’s First IBP GPT

Supply Chain Trend

Over the weekend I made my first GPT. It’s an IBP GPT, maybe the world’s first. Although you can make GPT’s more sophisticated, you can start rather simple. That’s what I did. I took an open AI membership, created a GPT, wrote a prompt, wrote four prompt indicators. Told it to be friendly and gave it some other guidance. My aim was to help an IBP user brainstorm some solutions to a typical problem during an IBP cycle.

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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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Emerging Innovations and Trends in Nutritional Supplements

IT Supply Chain

By Dwight J. Lawrence (pictured) Content Writer The post Emerging Innovations and Trends in Nutritional Supplements appeared first on IT Supply Chain.

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Building Moats in AI: Buy vs. Build (AI Popup #1)

Freightos

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. More Resources Home Building Moats in AI: Buy vs. Build (AI Popup #1) In logistics tech, building a competitive moat is key for market leadership. In the first issue of our AI popup newsletter series, Matt Motsick, CEO of Rippey AI and a long-time logistics technology leader, explores buying or building AI models.

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Digital Infrastructure Strategy: Comparing on-premises with cloud and colocation

IT Supply Chain

By Mark Turner (pictured) Chief Commercial Officer at Pulsant The post Digital Infrastructure Strategy: Comparing on-premises with cloud and colocation appeared first on IT Supply Chain.

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HICX & DitchCarbon to Share More Carbon Data for Procurement

HICX Solutions

A new partnership with HICX & DitchCarbon will help companies meet the challenges of Scope 3 emissions by sharing more carbon data about their supply chain HICX, the leading supplier experience platform, that helps Global 5000 companies take control of their supplier data, and DitchCarbon, a leading provider of emissions intelligence, have teamed up to help businesses better meet the challenges presented by Scope-3.

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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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Supply Chain Powered by ERP: How To Unlock Efficiency?

IT Supply Chain

By Christine Baker (pictured) Content Writer The post Supply Chain Powered by ERP: How To Unlock Efficiency? appeared first on IT Supply Chain.

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Optimize Logistics Processes and Distribution With AI-powered Supply Chain Intelligence Software

ThroughPut

Theoretically, logistics and distribution are straightforward: move an item from Point A to Point B to satisfy customer expectations at an agreed service level, all while generating a profit for your company. Practically, however, it’s often chaotic. In the real world, logistics isn’t about managing one product, one route, and one customer—it’s about juggling hundreds of products, thousands of routes, and a diverse array of customer needs.

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Watch: The Incredible Shrinking Inventory: What To Do About It

Supply Chain Brain

Tracking inventory solely within the four walls of a warehouse isn’t enough to stop shrinkage, says Eddie Misicka, vice president of product and solutions at OneRail.

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From Mats to Maps: The Yoga-Inspired Secret to Better Delivery Management

Loginext

Yoga Day celebrates the time-honored practice that effectively reduces stress and enhances well-being. In parallel, LogiNext's delivery management software drives unparalleled efficiency and tranquility in business operations. Embrace yoga for mental clarity and LogiNext for assured business success. The post From Mats to Maps: The Yoga-Inspired Secret to Better Delivery Management appeared first on loginextsolutions.com.

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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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The Impact of Biden’s Tariff Increases on U.S. Economy

Supply Chain Brain

China is likely to respond to President Biden’s increases in tariffs on Chinese imports, including electric vehicles, in several ways.

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Baltimore Port Reopening: Implications and Strategic Adjustments

TransAudit

The Port of Baltimore, a crucial node in the U.S. and global trade networks, has resumed operations after an 11-week closure following a significant incident. This marks a pivotal moment in restoring the flow of commerce through one of the East Coast’s most vital ports. The Incident and Closure The unexpected closure began on March 26, when the container ship Dali lost power and collided with the Francis Scott Key Bridge, causing the bridge to collapse.

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China Investigates Possible Tariffs on EU Pork Products

Supply Chain Brain

Europe exported more than €2.5 billion ($2.7 billion) worth of pork into China in 2023, according to EU customs data.

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Lax Antitrust Enforcement Imperils the Security of the Nation’s Supply Chains

Logistics Viewpoints

Baby Formula Shortages were widespread in 2022 There is an emerging school of thought that monopolies and oligopolies, which have been allowed to operate through lax antitrust enforcement, are incredibly harmful. Two new books, Barons: Money, Power, and the Corruption of America’s Food Industry and The Everything War: Amazon’s Ruthless Quest to Own the World and Remake Corporate Power , make this argument.

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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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Malaysia to Get New $425M AI-Powered Port Near Kuala Lumpur

Supply Chain Brain

The new port will use AI systems will also analyze traffic data to plan ship movements and automate logistics.

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Will Robotics and AI Replace Humans? Well…yes and no

Lucas

Make no mistake, robots have made significant strides over the decades in automation. After seeing endless aisles of robots at events I was still left thinking, “How practical is all of this stuff and are humans really justified in fearing this technology?” The post Will Robotics and AI Replace Humans? Well…yes and no appeared first on Lucas Systems.

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BNSF to Pay Washington Tribe Nearly $400M for Trespassing

Supply Chain Brain

According to court documents, BNSF regularly ran 100-car trains carrying crude oil through the reservation between 2012 and 2021.

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It is Time for Smart Cyber Requirements for the Water Sector

Exiger Perspectives

Exiger provides thought leadership and expert perspectives on the compliance, risk, and governance industry through our blogs, articles & white papers.

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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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Canada Border Agents to Vote on New Labor Deal by July 4

Supply Chain Brain

Details of the deal were released on June 14, with border agents getting a 14.8% wage increase over four years, retroactive to June 2022.

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