Thu.Sep 19, 2024

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Breaking the Forecast Addiction in Supply Chain Planning

Demand Driven Technologies

During the Paris 2024 Olympic Games, all kinds of predictions were made about the medal chances of different countries. Some have even developed algorithms, predictive models and business planning tools, which of course have been wildly wrong. Numerous sporting competitions are scrutinized by bookmakers and are the subject of bets. Every major election is the.

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Cash Flow Boost: 3 Way Scheduling for Reducing Holding Costs with Gaurav Khandelwal

The Logistics of Logistics

Gaurav Khandelwal and Joe Lynch discuss cash flow boost: 3 way scheduling for reducing holding costs. Gaurav is the Founder and CEO of Velostics , a logistics Software-as-a-Service (SaaS) company specializing in unified scheduling of appointments, dock and yard management and digitizing the gate in/out process for shippers. Summary: Cash Flow Boost: 3 Way Scheduling for Reducing Holding Costs Velostics offers a comprehensive solution to streamline transportation and logistics operations.

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The (misplaced) need for speed. Why faster supply chain planning will not get you to your destination.

Logistics Viewpoints

Over the last two decades, there has been a significant focus on increasing the speed of supply chain planning solutions. Technology advancements in hardware, cloud, and in-memory computing fueled this increase, followed by the boost from automation, machine learning, and AI. Additionally, software vendors continuously invest in tuning the performance of their algorithms and models.

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Logility Announces Inaugural LogiCon24 Virtual Summit

Logility

With the theme “Reimagine Supply Chain,” the Summit will engage Logility clients and supply chain professionals looking to innovate and optimize their operations to reimagine the way supply chain gets done. Atlanta, GA – September 19, 2024 – Logility Inc. , a leader in AI-first supply chain planning software, today announced the first-ever LogiCon24 Virtual Summit, a half-day Logility client and supply chain professional conference on September 24, 2024, from 10:00 am – 2:30 pm ET.

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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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How Cybersecurity is Shaping the Future of Digital Transformation

IT Supply Chain

By Rob Jackson (pictured) Content Writer The post How Cybersecurity is Shaping the Future of Digital Transformation appeared first on IT Supply Chain.

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Achieving higher recycled fibre usage

IT Supply Chain

By Tom Cash (pictured) Director, Foxmere The post Achieving higher recycled fibre usage appeared first on IT Supply Chain.

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Exiger Named Sector ‘Value Leader,’ Clinches Top Rankings in Third Party and Supply Chain Risk Management Spend Matters’ SolutionMap 

Exiger Perspectives

Leading procurement and supply chain tech providers go head-to-head in data-driven fall 2024 vendor ranking WASHINGTON, DC. SEPT. 20, 2024 – Exiger, the market-leading supply chain and third-party risk AI company, is a top-ranked vendor in Third Party Risk Management (TPRM) and Supply Chain Risk Management (SCRM) Platform Technologies Spend Matters’ Fall 2024 SolutionMap , which compares procurement, finance and supply chain technology providers.

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Core Benefits of Microsoft Azure That Foster Business Growth

IT Supply Chain

By Richard Pearson (pictured) Content Writer The post Core Benefits of Microsoft Azure That Foster Business Growth appeared first on IT Supply Chain.

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How Process Intelligence Transforms Logistics Operations

QAD

Today’s supply chain management landscape is rapidly evolving. Businesses face immense pressure to optimize operations, enhance customer service and reduce costs. As a result, companies turn to logistics providers. Logistic companies — whether 3PL or 4PL — have the expertise to ensure that inbound and outbound delivery operations run smoothly. Challenges in the Current State Despite these strengths, logistics providers face several challenges that impact both customers and internal teams, inclu

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The Ultimate Guide to Transportation and Load Building Optimization

This guide delves into the critical challenges faced by today's supply chain industry and explores how optimized transportation planning can overcome obstacles to create a more efficient and streamlined supply chain.

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Top Ways Indoor Location Services Can Transform Retail Experiences

IT Supply Chain

By Christine Baker (pictured) Content Writer The post Top Ways Indoor Location Services Can Transform Retail Experiences appeared first on IT Supply Chain.

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Three things I’ve learned about sustainability

Taulia

Three things I’ve learned about sustainability Taulia CFO Rene Ho on what he has learned working to grow sustainable practices both within and outside of Taulia. There’s no playbook or manual for building sustainability in any company, whether it’s in internal practices or in the products you offer to the market. However, verifiable sustainable outcomes have become competitive advantages across a wide variety of industries, so no company can afford to ignore them.

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AI Voice Cloning Scam Warning

IT Supply Chain

By Steve Bradford (pictured) Senior Vice President EMEA, SailPoint The post AI Voice Cloning Scam Warning appeared first on IT Supply Chain.

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Bullwhip Effect: How Does It Affect Supply Chain Management?

SCMDOJO

In supply chain management, the bullwhip effect occurs when slow-moving consumer demand at the retail level produces significant fluctuations in production at the manufacturer and supplier levels. Hence, it’s also referred to as demand amplification. One real-world example of the bullwhip effect is the sudden high demand for toilet paper amid the peak of the COVID-19 pandemic.

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What Makes a Warehouse Worker Happy?

The 2024 Newcastle Systems Worker Satisfaction Survey provides insights into the life of a warehouse worker and what matters to them.

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Why Smart Cars Are the Future of Luxury Rentals

IT Supply Chain

By Gabe Nelson (pictured) Content Writer The post Why Smart Cars Are the Future of Luxury Rentals appeared first on IT Supply Chain.

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Modeling Piece Price Comparisons for Local and Regional Suppliers Versus Low-cost Country Initiatives

SCMDOJO

As a procurement officer, you’ve possibly been in the crosshairs of debate between sourcing locally and regionally versus from low-cost countries endorsed by many executive staff and boards of directors. Every time I was requested to have a target percentage of our purchases from low-cost countries I felt a pit in my stomach. I worried whether I could successfully convey the message that even with the great prices, the total cost for the parts would be more than what it would cost to source l

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The Promise and Perils of Automation in Logistics

BlueYonder

By 2025, 70% of organizations will have implemented structured automation to significantly enhance flexibility and efficiency , up from just 20% in 2021. This substantial increase underscores not only the shifting priorities within the logistics sector but also the profound impact on global supply chains. Logistics Service Providers (LSPs) find automation not just beneficial but critical — transforming it from a tactical enhancement to a strategic necessity.

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Coursera Supply Chain Courses vs. SCMDOJO Courses: A Comprehensive Comparison

SCMDOJO

At a time when businesses are evolving at a rapid pace, the significance of supply chain management continues to grow, becoming an essential part of operations for companies around the globe. As a result, many professionals and aspiring supply chain enthusiasts are seeking educational opportunities to enhance their skills and knowledge. Two platforms that stand out in this field are SCMDOJO academy and Coursera supply chain courses , among many others.

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Maximize Supply Chain Spend & Asset Utilization with Innovative Test Automation

Connected devices are emerging at an explosive rate exerting pressure on larger operators; however, some organizations cannot continue to purchase the latest & greatest devices without ramifications. The introduction of automated test technology drives the optimization of supply chain expenditures leveraging forward & reverse logistics paths. Adopting innovative test automation tools addresses these challenges by providing robust solutions for testing the interoperability, performance, & securit

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Questions Swirl Over Supply Chain Breach Behind Exploding Pager Attack in Lebanon

Supply Chain Brain

Officials have said that the pagers were originally ordered from Taiwanese manufacturer Gold Apollo.

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Supply Chain by the Numbers for September 20, 2024

Supply Chain Digest

Issues with the Monster Trains Record Container Volumes at LA and Long Beach. US Manufactuing Up in August.

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Can AI Jobs Resuscitate the Middle Class? Part One

Enterra Insights

In science fiction stories, artificial intelligence (AI) has been portrayed as both a destroyer and a savior of humankind. In the real world, one of the most discussed topics is what affect AI will have on jobs. For example, journalist Will Knight writes, “Forget artificial intelligence breaking free of human control and taking over the world.

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Supply Chain Graphic of the Week on Do Falling Truck Trailer Sales Portend Continued Freight Slump

Supply Chain Digest

August Numbers down 40 PercentYear over Year

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Provide Real Value in Your Applications with Data and Analytics

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

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A Guide to Transportation Contract Management & Other Types of Contract

TransAudit

Virtually every business has a relationship with a transportation company, which should be documented in a formal contract called a transportation contract. These legally binding documents highlight the array of services the transportation company provides you including, local rail drayage services, motor carriers, freight forwarding, and others. The transportation contract is designed to document all of the critical details of a transportation service agreement, including delivery times, shipp

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Podcast | Inventory Management: For SMBs, a Delicate Balancing Act

Supply Chain Brain

In an uncertain economy, how are small to medium-sized businesses tackling the challenge of inventory management?

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Delivery Route Software: Trends to Know in 2024

Loginext

Explore key 2024 trends in delivery route software, from AI-driven optimization to sustainable solutions. Learn how businesses are leveraging these innovations to enhance delivery speed, cut costs, and improve efficiency. The post Delivery Route Software: Trends to Know in 2024 appeared first on loginextsolutions.com.

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The Revolutionary Role of AI in the Manufacturing Sector

Supply Chain Brain

As AI continues to spread throughout the manufacturing sector, its impact will only intensify.

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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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Expect Supply Chain Impacts from China’s Antimony Export Restrictions

Exiger Perspectives

Expect Supply Chain Impacts from China’s Antimony Export Restrictions September 19, 2024 Article Table of Contents Introduction China has imposed export controls on antimony, a critical mineral essential for various industries, including defense, energy, and electronics. The implications are urgent for supply chain, compliance, manufacturing, and risk management leaders, as China is the world’s dominant supplier of the critical mineral.

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Survey: Porch Pirates Are Undermining Consumer Trust With Retailers

Supply Chain Brain

Nearly half of consumers said stolen packages damaged their relationship with a retailer, while 37% said they were deterred from shopping with that brand again.

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One Network Enterprises Named Leader in Nucleus Research’s Control Tower Technology Value Matrix™ 2024 for the Ninth Consecutive Year

BlueYonder

One Network Enterprises (One Network), a Blue Yonder company , the global leader of supply chain control towers and provider of the Digital Supply Chain Network , has been ranked as a Leader by Nucleus Research, a provider of case-based technology research and advisory services, in its Control Tower Technology Value Matrix 2024, for the ninth consecutive year.