Fri.Jun 23, 2023

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What Is Order Fulfillment and It’s Process and Strategies

Locus

For the past day, an important news story has been making headlines in the logistics management communities in the US. What’s that? Walmart has opened a new high-tech fulfillment center of 2.2 million square feet at McCordsville, twenty miles northeast of Indianapolis. Why is it important? This McCordsville fulfillment center is the largest fulfillment center of Walmart and will enable them to fulfill more orders quickly.

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Above the Fold: Supply Chain Logistics News (June 23, 2023)

Talking Logistics

Yesterday, my wife and I celebrated our 26th wedding anniversary. We took the day off, drove down to Cape Cod, and cycled 50 miles along the rail trail. That might not sound very fun or romantic for many people, but riding our bikes together was how we first became friends so many years ago. On. Read more The post Above the Fold: Supply Chain Logistics News (June 23, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

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AI and the Future of Supply Chain with Yossi Sheffi

The Logistics of Logistics

Dr. Yossi Sheffi and Joe Lynch discuss AI and the future of supply chain, which is the central theme of Yossi’s latest book, The Magic Conveyor Belt: Supply Chains, A.I., and the Future of Work. Yossi is the Elisha Gray II professor of Engineering Systems at the Massachusetts Institute of Technology, where he serves as Director of the MIT Center for Transportation & Logistics (CTL).

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The Holy Grail of Modern S&OP: Multi-Horizon Integrated Business Planning 

Logility

 S&OP and Multi-Horizon Integrated Business Planning Manual supply chain processes are a real headache. Creating and comparing business scenarios in spreadsheets are fruitless exercises in glancing in the rearview mirror rather than looking ahead at the opportunities and risks emerging on the horizon. And next to impossible is creating plans in a timely manner when monitoring unrelated KPIs across multiple disconnected sources of data.

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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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BrewDog Chooses Kegstar for Steel Keg Supply Chain Programs

Supply Chain Brain

The deal will see Kegstar offer its kegs and services to Scotland, Germany and Australia with additional plans to expand across Western Europe at a later date.

More Trending

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Supply Chain Weekly Wrap-Up 06/16/2023-06/22/2023

All Things Supply Chain

Elon Musk says Tesla to come to India Tesla CEO Elon Musk has expressed his intention to bring Tesla to India “as soon as humanly possible” following a meeting with…

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How to Read and Understand Loan Terms and Conditions

IT Supply Chain

By Ian Benson (pictured) Content Writer The post How to Read and Understand Loan Terms and Conditions appeared first on IT Supply Chain.

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The Top 5 BOM Management Mistakes That Could Be Costing Your Business

Arena Solutions

Introduction The bill of materials (BOM) is as essential to manufacturing as a club is to golf—you can’t build or play without either item. A BOM makes the manufacturing process accurate and effective and combines all the information necessary to create a finished product. A well-defined BOM helps manufacturers with everything from manufacturing efficiency to quality control, cost management, collaboration, and regulatory compliance.

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Consumer optimism despite inflation encourages competition

IT Supply Chain

By Steve Ponting (pictured) Director at Software AG The post Consumer optimism despite inflation encourages competition 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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HICX: Have you considered supplier marketing?

HICX Solutions

Anthony Payne, Chief Marketing Officer at HICX, explains how a marketing approach to supplier management can boost and enhance those valued partnerships… There is no doubt that one of the red-hot issues occupying the thoughts of every CPO and chief supply chain officer right now is supplier management. The past couple of years have proven that meaningful and strategic relationships with suppliers across the tiers and categories are vital to a company’s survival and prosperity.

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What Should You Look For When Buying A Business?

IT Supply Chain

By Dwight J. Lawrence (pictured) Content Writer The post What Should You Look For When Buying A Business? appeared first on IT Supply Chain.

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How to Save Money through Suppliers without Sacrificing the Value they bring

HICX Solutions

With inflation hampering product sales and price rises, manufacturers have profits to protect. Many will react, as the sector has done for decades, by beating down suppliers on price. All this does though is bounce the problem around the supply chain. It drains suppliers of the resources they need to deliver vital enhancements—including supplies, information, and ideas—without which, brands are less competitive.

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The Top 5 BOM Management Mistakes That Could Be Costing Your Business

Arena Solutions

Introduction The bill of materials (BOM) is as essential to manufacturing as a club is to golf—you can’t build or play without either item. A BOM makes the manufacturing process accurate and effective and combines all the information necessary to create a finished product. A well-defined BOM helps manufacturers with everything from manufacturing efficiency to quality control, cost management, collaboration, and regulatory compliance.

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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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What Is Blockchain And How To Take Advantage Of It

IT Supply Chain

By Allen Brown (pictured) Content Writer The post What Is Blockchain And How To Take Advantage Of It appeared first on IT Supply Chain.

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The Annual State of U.S.Logistics Report- Even More Candidness and Reality

Supply Chain Matters

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 34th Annual State of Logistics Report to organization members and the industry as a whole. Background As our readership is likely aware, this report provides a snapshot of the U.S. economy through the lens of the logistics and transportation sector in terms of costs and implications to the economy during the past year, in this case 2022.

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Master Working from Home: How to Use a Business VPN for Remote Access

IT Supply Chain

By Rob Jackson (pictured) Content Writer The post Master Working from Home: How to Use a Business VPN for Remote Access appeared first on IT Supply Chain.

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Supply Chain and Logistics Stock Report for Week Ending June 23, 2023

Supply Chain Digest

See who was up and who was down

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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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Actualizing the ROI of the Cloud with Intelligent Workflows

Elementum

Two years to transition , $500k in migration costs , and an annual bill exceeding $30m – all this effort, and yet for many enterprises, the promise of the Cloud remains largely unrealized. Cloud Data Warehouses were pitched as the strategic platform for digital transformation for good reason. They offer significant advantages over on-prem solutions: Scalability, Real-Time Analytics, Accessibility, Security, and Cost-Effectiveness.

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House Report Connects Temu and Shein to Import Violations, Forced Labor Practices

Supply Chain Brain

Temu and Shein utilized a special legal exemption to “avoid import duties and minimize the likelihood" that packages will be screened for UFLPA compliance the report said.

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This Week in Logistics News (June 17 – 23)

Logistics Viewpoints

Not surprisingly, many CEOs have their share of secrets. For Tesla CEO Elon Musk, one of those secrets might be a driving mode that enables hands-free driving in Tesla vehicles. The hidden feature, aptly named “Elon Mode,” was discovered by a Tesla software hacker known online as @greentheonly. The anonymous hacker has dug deep into the vehicle code for years and uncovered things like how Tesla can lock you out of using your power seats or the center camera in the Model 3 before it was officiall

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Eni Increases Gas Reach with $4.9bn Neptune Deal

Supply Chain Brain

The deal’s enterprise value is reportedly split into $2.28 billion for Neptune’s Norwegian assets, which go to Var Energi, and $2.6 billion for the rest.

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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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[VIDEO] Finexio & JAGGAER Automate the AP Payments Process from End-to-End

Jaggaer

JAGGAER's latest news on procurement & sourcing. Read now: [VIDEO] Finexio & JAGGAER Automate the AP Payments Process from End-to-End.

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Nigeria’s Oil Goes Unsold as Tax Clawback Shakes Confidence

Supply Chain Brain

Traders said Nigeria's surplus was caused by a request for back taxes from shipping companies, which created wariness among firms looking to collect oil barrels from the country.

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State of the Logistics Union 2023

Supply Chain Digest

Logistics Costs as Percent of GDP Jump to Record 9.

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Greatest Cities For Singles

Veridian Solutions

10 Cities you ought to see If You’re Single Young, solitary, and ready to socialize? We are going to admit that life as a single individual actually constantly a walk for the playground, but located in certain cities might help make the most regarding unicamente existence. Whether you like an elegant restaurant, enjoy a funky bar crawl, or are just shopping for somewhere safe to set your face, these towns have it all.

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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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Georgia Tech Is Trying to Keep a ChatGPT-Powered Teaching Assistant From ‘Hallucinating’ | EdSurge News

Operations and Supply Chain Management

[link] – Bob

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Adam and Evaâ?¢ Aids Gentlemen Find European Women for Lasting Relations

Veridian Solutions

The Scoop: developments in technology have actually drastically transformed the industry of intercontinental matchmaking. That was when a distinct segment happens to be an even more mainstream way for men and women to get a hold of lasting love. For over twenty years, Adam-and-Eva.com provides assisted hook up east European ladies with Western men who are dedicated to matrimony.

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Biden-Harris Administration Shares Plans to Strengthen U.S. Semiconductor Sector

Supply Chain Brain

The Department of Commerce plans on distributing over $50 billion in funds to semiconductor projects in the U.S., including $39 billion for semiconductor manufacturing incentives.