Thu.Sep 05, 2024

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Real-Time Rebalancing: The Key to Maximizing Your Q4 Revenue

ToolsGroup

Q4 is the most critical time of the year for retailers. It’s the period when sales skyrocket and hitting your revenue targets becomes more important than ever. However, the key to maximizing your Q4 revenue doesn’t lie solely in marketing or pricing strategies—it starts with your inventory. Real-time inventory rebalancing is the game-changer that can help you meet customer demand precisely when it peaks.

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Decision Science Can Help Supply Chain Professionals Embrace Uncertainty

Enterra Insights

When most people think about a business, they don’t often picture the myriad decisions that must be made on a daily basis. However, as Bain analysts, Michael C. Mankins and Lori Sherer , explain, “The best way to understand any company’s operations is to view them as a series of decisions.”[1] Neither do people often think about a business’ supply chain.

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Intelligent Rebalancer: React and Recover from Disruptions

BlueYonder

In a previous blog post , I discussed the challenges planning and execution teams face in responding to increasing disruptions. From extreme weather to port closures, disruptions all too frequently upset these teams’ carefully defined plans for getting inventory from Point A to Point B — leading to stockouts and dissatisfied customers. Since disruptions can never be eliminated, the solution lies in creating a fast, accurate and efficient way to optimally re-allocate inventory following a disrupt

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Gartner: Supply Chain Leaders Must Be 'Geopolitically Elastic'

Supply Chain Brain

In a survey of 258 supply chain leaders, 88% said that they expect to see a "moderate to very high" positive impact from scenario planning around geopolitical risks.

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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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EU MDR Compliance: Critical Deadline for Medical Device Manufacturers

QAD

Ensure EU MDR 2017/745 Compliance by September 26, 2024 September 26, 2024, is a critical deadline for life sciences companies selling medical devices in the European Union. By this date, medical device manufacturers must have collaborated with their notified bodies to secure extensions for their medical devices to comply with the EU 2017/745 Medical Device Regulation (MDR).

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10 Benefits of Integrating Salesforce with WhatsApp

IT Supply Chain

By Claire Lloyd (pictured) Content Writer The post 10 Benefits of Integrating Salesforce with WhatsApp appeared first on IT Supply Chain.

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With Rising Product Recalls, It Pays to Reevaluate Your Supply Chain

Supply Chain Brain

Product recalls are becoming a daily occurrence, posing a serious challenge for manufacturers.

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Supply Chain by the Numbers for September 5, 2024

Supply Chain Digest

China Rare Earth Metals Strategy. US Manufacturing Contracts again in August. New Sail Powered Cargo Ship Takes Off.

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Profiles in Transportation Management Excellence: Molson Coors’ Success with Drop and Hook 

Talking Logistics

Transportation executives are always looking for ways to reduce costs, improve service, satisfy customers, and help their businesses meet their financial and strategic objectives. There are many ways to reduce waste and improve efficiencies in transportation management, and in our latest installment of “Profiles in Transportation Management Excellence,” Jeff Bishop, Category Manager Transportation and Logistics.

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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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The Labor Day Supply Chain 2024 Part 2

Supply Chain Digest

Our Annual Review on the State of Labor in the Supply Chain

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Unlock $20M Savings with Superior Efficiency: Robotic Sortation vs. Traditional Unit Sorters

Supply Chain Brain

his webinar will break through common misconceptions about unit sortation and reveal how next-generation robotic solutions can deliver unmatched OPEX and CAPEX value, productivity, and scalability—all without disrupting your current workflows.

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Peak Season 2024: Key Shopping Dates and Strategies for Maximizing Ecommerce Sales

Supply Chain 24/7

Discover key shopping dates and expert ecommerce strategies for Peak Season 2024 to optimize inventory, boost sales during Black Friday, Cyber Monday, and beyond, and ensure your business stays ahead in the competitive holiday market.

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What to Consider When Determining an Optimal Sourcing Strategy

Supply Chain Brain

In making complex decisions regarding their manufacturing strategies, companies must conduct a comprehensive analysis of operations that spans multiple functions.

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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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Delivery Route Software: A Comprehensive Guide

Loginext

Learn how delivery route software can optimize delivery times, cut costs, and boost efficiency. This guide explores features, benefits, and top trends to help you choose the right solution for your business. The post Delivery Route Software: A Comprehensive Guide appeared first on loginextsolutions.com.

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Drought Shrivels Mississippi River, Threatens to Disrupt U.S. Food Exports

Supply Chain Brain

Dry conditions across the Ohio River basin, which feeds the Mississippi, have worsened already-low water levels at the large river.

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Tecsys Announces Election of Directors, Appointment of Auditors, Approval of Unallocated Options and Adoption of Advance Notice By-Law

Tecsys

Montreal , September 5, 2024 — Tecsys Inc. (TSX: TCS), (the “Corporation”), announces the results of the matters voted upon at the annual and special meeting (the “Meeting”) of shareholders of the Corporation (the “Shareholders”) held on September 5, 2024.

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Colombia Truckers Block Roads in Protest Over Diesel Fuel Prices

Supply Chain Brain

The government rolled back years-old subsidies and raised the price of diesel fuel by more than 1,900 Colombian pesos (45 cents) on August 31.

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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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Shipper’s Letter of Instruction (SLI): Your Ultimate Guide to Hassle-Free International Shipping

Supply Chain 24/7

A Shipper’s Letter of Instruction (SLI) is a vital document in international shipping that ensures clear communication between shippers and freight forwarders, streamlines the logistics process, and prevents costly errors by outlining responsibilities, cargo details, and required documentation.

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Corvus Energy Gets Stamp of Approval for Net Zero Fuel Cell System for Ships

Supply Chain Brain

The company touts the system as a milestone for net-zero shipping, and plans to soon install it on a 35-meter fishing vessel.

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Shipping HS Codes: Know the Basics

I.C.E. Transport

If you’re involved in international trade and shipping, you need to become familiar with the HS (Harmonized System) Code for your products. Let’s unpack shipping HS Codes (also known as HS codes or commodity codes) – what they are, how they work, and why they are important. We’ll also demystify HS Codes by addressing common questions that arise, and explain how an experienced customs broker can help you navigate the complexities.

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JAGGAER Pay and Bottomline Partner to Bolster Procure-to-Pay Offering

Jaggaer

JAGGAER Pay users can now connect to the Paymode business payments network RESEARCH TRIANGLE, NC, September 5, 2024 – JAGGAER, the global leader in enterprise procurement and supplier collaboration, announced today its new partnership with Bottomline to integrate the Paymode payment network and its Premium ACH offering along with virtual card and other payment modalities, into JAGGAER’s B2B payment solution, JAGGAER Pay.

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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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The Rise of Open Banking and FinTechs and Their Impact on Financial Services

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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U.K.'s M&S Deploys AI to Help Shoppers Choose Outfits

Supply Chain Brain

The automation of product descriptions using AI has risen to 80% from almost nothing in the past year.

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Tecsys Reports Financial Results for the First Quarter of Fiscal 2025

Tecsys

SaaS Revenue Rises 37% in the Second Quarter, SaaS RPO reaches $147 million.

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Biden Expected to Nix Sale of U.S. Steel to Japanese Manufacturer

Supply Chain Brain

The proposed $15 billion deal was first announced in December 2024, leading to months of scrutiny from the White House.

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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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Critical Period for U.S. East and Gulf Ports Potential Labor Disruption

Supply Chain Matters

This week there are cogent indicators of potential labor strike that could directly impact U.S. East and Gulf Coast port operations and associated logistics activities. A strike action will have consequences for multi-industry supply chain networks for sure, some industries more than others. Is this Supply Chain Matters advisory, we seek to layout both the background, the dynamics and the likely mitigation actions for industry supply chain teams to consider.