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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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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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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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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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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[Video] Mitigating Forced Labor Risks: Strategies For A Resilient Supply Chain

Talking Logistics

Forced labor has been a problem in supply chain management for a long time. The good news is that over the past few years governments and companies have been taking action to help eradicate this problem. That said, it’s not an easy problem to solve. In a survey we conducted with members of our Indago. Read more The post [Video] Mitigating Forced Labor Risks: Strategies For A Resilient Supply Chain appeared first on Talking Logistics with Adrian Gonzalez.

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Amazon Launches End-to-End Supply Chain Services for Sellers

Supply Chain Brain

The service will be available for U.S. sellers for domestic pickups starting in October, and then for global pickups sometime before the end of the year.

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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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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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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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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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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.

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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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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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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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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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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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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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Weaponized Supply Chains Make the Case for Supply Chain Visibility

Resilinc

The recent weaponization of pagers and radios in Lebanon serves as a powerful wake-up call to CEOs and governments worldwide; businesses must improve supply chain visibility now. Pagers and hand-held radios used by the Lebanese militant group Hezbollah exploded across Lebanon this week in what is speculated to be a result of complex supply chain infiltration.

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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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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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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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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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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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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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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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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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Conquer big-box omnichannel with an all-inclusive data strategy

crisp

Transforming your supplier operation into a data-driven, omnichannel powerhouse is the secret to thriving with major retailers today. Fulfilling direct-to-consumer (D2C) orders through a platform like Shopify is one thing. Selling on Amazon and designating inventory for easy fulfillment out of their warehouses ( FBA ) is another. And for years, supplying brick-and-mortar retailers like Best Buy, Kroger, Target, and Walmart with products has required a completely different operational approach.

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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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Conquer big-box omnichannel with an all-inclusive data strategy

crisp

Transforming your supplier operation into a data-driven, omnichannel powerhouse is the secret to thriving with major retailers today. Fulfilling direct-to-consumer (D2C) orders through a platform like Shopify is one thing. Selling on Amazon and designating inventory for easy fulfillment out of their warehouses ( FBA ) is another. And for years, supplying brick-and-mortar retailers like Best Buy, Kroger, Target, and Walmart with products has required a completely different operational approach.

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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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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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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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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.