Mon.Feb 05, 2024

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Enterprise Risk Management (ERM) Framework for a Stronger Supply Chain

Resilinc

Learn how implementing an Enterprise Risk Management framework can help your company on the journey to operational resilience. Businesses have started to see risk management as a necessary facet of running a successful company. In a 2023 survey conducted by EY, 90% of respondents said their organization has directly invested in third-party risk management.

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Walmart Lowers their Shipping Requirements, but their Suppliers Still Struggle

Logistics Viewpoints

Walmart is reducing its requirements that suppliers’ shipments to them arrive on-time in-full. Since September of 2020, 98% has been Walmart’s OTIF requirement. Beginning on February 1 st , the new OTIF targets became 90% for on-time and 95% for in-full. This was announced on the Retail Link portal for suppliers on January 30 th. Walmart’s On-Time In-Full initiative is a compliance measure designed to ensure that freight arrives at a Walmart store or distribution center when it was supposed to,

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The B2B’s Final Mile with Steve Lopez

The Logistics of Logistics

Steve Lopez and Joe Lynch discuss B2B’s final mile. Steve is the Vice President of Partnerships at FRAYT , an on-demand, last mile delivery solution that enables businesses to meet their customers’ same-day expectations, comparable to Amazon’s level of service. About Steve Lopez Steve Lopez is a self-made entrepreneur and strategic thinker from North Texas.

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AnyDesk Cyber Attack

IT Supply Chain

By Tim West (pictured) Head of Cyber Threat Intelligence, WithSecure The post AnyDesk Cyber Attack appeared first on IT Supply Chain.

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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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Purpose-Built Platforms Perform Better

Arena Solutions

Whether you’re purchasing a big-ticket item like a car or house, or you’re purchasing a product lifecycle management (PLM) solution for your company, the same consumer-like mindset applies. It’s important to—pay attention to features, functionality, requirements, and conduct thorough research before making a purchase decision. If you purchase a PLM solution without fully understanding the software’s capabilities, the decision can lead to issues like not meeting your product development needs, th

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Why Are Companies Turning to LSPs? Technology Leadership

BlueYonder

It’s no secret that logistics margins are shrinking as operating costs continue to escalate. At the same time, customers have never been more demanding, creating tighter and tighter delivery schedules. Add in labor shortages, ongoing disruptions and sustainability pressures — and we’ve got possibly the most challenging logistics environment ever. How can shippers, including retailers and manufacturers, successfully navigate this volatile landscape?

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Planners, Embrace your Biased Judgements

Supply Chain Trend

A special feature “Does forecast accuracy even matter?” ( Foresight issue 68 ), discussed the limitations of forecasting on decision making and questioned whether forecast accuracy translates to business value. To this special feature I wrote a commentary, highlighting The Limitations of Forecasts and Plans on Decision Making and the changing role of the forecaster/planner.

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How Retailers Can Navigate Choppy Supply Chains

Supply Chain Brain

By embracing technology, implementing pandemic-learned strategies, and fostering collaboration, retailers can ensure their shelves remain stocked, their customers are satisfied, and their businesses remain resilient.

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How Growing Businesses Can Get ESG-Ready

HICX Solutions

By Costas Xyloyiannis, CEO of HICX Growing brands have an opportunity to use their time out of the spotlight to become as robust in handling ESG risk as possible. After COP28 , social and environmental governance (ESG) remains a central issue, and big brands remain in the spotlight as they solve how to credibly deliver net-zero targets. Receiving less attention, meanwhile, are fast-growing brands.

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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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With Crisp and Snowflake, Ritual formulates a data solution that bypasses build costs

crisp

With retail data delivered automatically through Snowflake, Crisp helped Ritual unlock omnichannel success while avoiding the cost and workload of managing data pipelines internally. Born in the 2010s direct-to-consumer boom, Ritual quickly carved a niche with its line of science-backed, women-owned vitamin essentials. But as customer love grew, so did the need for a physical presence.

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Samsung Electronics 2023 Financials-Weakest Profitability in a Decade

Supply Chain Matters

Key industry supply chain bellwether firm Samsung Electronics reported Q4 and full year 2023 financial performance, headlined as being the weakest profitability levels in a decade. Supply Chain Matters depicts Samsung Electronics as an industry supply chain bellwether because of the company’s unique business model as being a smartphone, consumer electronics and appliance producer, as well as a key industry-wide supplier and technology innovator.

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Design for Additive Manufacturing: the basics & the benefits

DiManEx

3D printing parts locally offers significant advantages over traditional manufacturing. It can reduce Lead Times by up to 95% and potentially result in substantial cost savings. However, (re)designing your parts for Additive Manufacturing can even further enhance these benefits, allowing you to fully optimize your resources. Want to learn more? In this article, we’ll provide you with the basics and benefits!

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Supply Chain News on US PMI Shows US Manufacturing Declined for the 15th Straight Month in January

Supply Chain Digest

Score Improved, but Still below Key 50 Mark

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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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In Memoriam: Rear Admiral Stephen Kent Chadwick, USN (retired)

Enterra Insights

It was with great sadness that my family and I learned of the passing of Rear Admiral Stephen Kent Chadwick, USN (retired). In addition to being a good friend to me and my family, he was a mentor, philanthropic board colleague, one of Enterra Solutions ® initial plank-owner investors, and member of Enterra’s Board of Directors. Born in Birmingham, AL, on November 1, 1938, Steve demonstrated his love of country from an early age.

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Uncertain economy? Invest in a plan and people in 2024

Supply Chain Brain

There is a balance between the current financial perspective and the need to take measured risks to continue to grow in the market.

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How to Cure Your Expensive Parcel Costs

Stord

How do you keep up with customer demands without bankrupting your entire fulfillment operation with time consuming and overpriced parcel shopping?

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Germany Faces More Travel Chaos as Lufthansa Ground Crews Strike

Supply Chain Brain

A shortage of skilled workers — coupled with high inflation — has emboldened employees across many industries in Germany to seek wage increases.

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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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Weathering a Demand Forecast

The Smart Software

For some of our customers, weather has a significant influence on demand. Extreme short-term weather events like fires, droughts, hot spells, and so forth can have a significant near-term influence on demand. There are two ways to factor weather into a demand forecast: indirectly and directly. The indirect route is easier using the scenario-based approach of Smart Demand Planner.

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Watch: Do We Have the Labor to Drive Advanced Manufacturing in the U.S.?

Supply Chain Brain

Elizabeth Berthelette, head of Northeast research and national life science research with Newmark, details the findings of the firm’s latest report on advanced manufacturing and labor availability in the U.S.

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Are You Organized for Lean Leadership

Supply Chain Digest

LEI President Josh Howell Reflects on a Recent Learning Tour to Toyota and GE Appliances

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DP World’s Australian Pay Deal ‘Will Cost Consumers’

Supply Chain Brain

The record pay rise came as DP World imposed its biggest hikes yet to terminal access charges.

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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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Embracing uniqueness: How SYSPRO’s PartnerUP dares to be different

SYSPRO Smarter ERP

Embracing Uniqueness: How SYSPRO's PartnerUP dares to be different SYSPRO ERP PartnerUP program In a world of templated, one-size-fits-all solutions, it’s easy for businesses with unique needs and non-traditional workflows to feel lost and unsupported. SYSPRO’s PartnerUP program is a beacon of hope, designed for partners who dare to be different, walk their own path, and are bold enough to be themselves.

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How Automated Tendering Improves Transportation Management

Supply Chain Brain

As capacity tightens with the continued rise in demand, digitizing tendering processes within transportation management systems will grow in popularity among shippers.

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Global Manufacturing PMI Levels Rise in January 2024

Supply Chain Matters

Supply Chain Matters provides a monthly highlights of reported January 2024 global and regional production and supply chain PMI indices. Overall, global activity reportedly showed signs of increased production output and corresponding activity levels, but the gains were mostly in developing and lower-cost regions. Global Production Activity Rise Global-wide manufacturing levels as depicted in the J.P.

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Boeing in ‘Last Chance Saloon,’ Says Emirates President

Supply Chain Brain

Sir Tim Clark is also sending Emirates engineers to monitor Boeing's production lines.

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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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Egypt’s Canal Receipts Fall by Almost Half After Red Sea Attacks

Supply Chain Brain

The drop is the latest headache for the North African nation that was already wrestling with its worst economic crisis in decades before the Israel-Hamas war erupted in October.

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