Tue.Nov 21, 2023

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Not To Be A Losing Pawn

Supply Chain Shaman

When I was a teenager, I spent afternoons after school with my dad. As he lost his vision to macular degeneration, he taught me to play chess. He loved chess, and I was a reluctant participant. I played because I loved my dad, but I never was good at the game. The continual lesson to me was never underestimate the power of the pawn. Pawn Definition: “A chess piece of the smallest size and value.

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Enhancing Supply Chain Resilience: A Modular Approach

Supply Chain Brain

Achieving resilience in supply chains is essential, but it's crucial to implement measures carefully so they do not hinder or conflict with other competing priorities.

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You Need to Team up with the Algorithms

The Smart Software

This article is about the real power that comes from the collaboration between you and our software that happens at your fingertips. We often write about the software itself and what goes on “under the hood”. This time, the subject is how you should best team with the software. The post You Need to Team up with the Algorithms appeared first on Smart Software.

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Powering distributor success with master data management

IT Supply Chain

By Pat McCarthy (pictured) Chief Revenue Officer at Precisely The post Powering distributor success with master data management 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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Understanding the potential disruption with East Coast imports

West Coast and California Logistics

As the negotiations between the West Coast ports and longshoremen dragged on in 2022 and 2023, some companies began redirecting import freight into the East Coast. Since then, however, the ink has been dry for quite a while on a new multi-year West Coast port contract, and there are now negotiations on the East Coast that are causing trepidation among importers.

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Sphera Launches SCRM Commodity Risk Tracker

Supply Chain Brain

Sphera said its tool gives businesses information regarding lead times for sourcing raw materials, risk events and real-time data on potential supply chain disruptions.

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Carbon reduction vs carbon offsetting: Choosing the right route for freight decarbonisation

IT Supply Chain

By Serge Schamschula (pictured) Head of Ecosystem at Transporeon The post Carbon reduction vs carbon offsetting: Choosing the right route for freight decarbonisation appeared first on IT Supply Chain.

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How combinatorics drives smarter decisions in freight procurement

Shipsta

From unstable freight pricing to supply chain volatility, the world of freight procurement has taken a few knocks in recent years. But there’s good news - teams are fighting back w ith innovative technology. More and more leaders are leveraging advanced solutions to navigate the ever-changing landscape, streamline operations, and get steps ahead of the market.

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Security Breach Domino Effect: Software Supply Chain Impact

IT Supply Chain

By Mike Bronson (pictured) Content Writer The post Security Breach Domino Effect: Software Supply Chain Impact 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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Watch: How Sellers Are Coping With the Problem of Artificial Demand

Supply Chain Brain

Jeremy Tancredi, partner and leader of the Supply Chain Practice of West Monroe, recalls the plight that merchandisers found themselves in when they responded to a surge in demand during the pandemic, only to be left with excess inventory and capital equipment when it was over.

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NRF Expects Record Shoppers This Coming Week

Supply Chain Matters

The National Retail Federation (NRF) anticipates that an estimated 182 million people are planning to shop in-store and online from Thanksgiving Day through Cyber Monday this year , according to a prospective shopper survey released last week. That number is noted as being 15 million more people than 2022 and is reportedly the highest estimate since NRF began tracking this data in 2017.

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Overcoming Data Quality, Security, and Privacy Issues in Analytics

American Global Logistics

"Errors using inadequate data are much less than those using no data at all." Charles Babbage. In today's digital era, the exponential growth of data has given rise to the concept of big data analytics. While big data offers immense opportunities for businesses, it also presents tough challenges. This article sheds light on some common challenges associated with big data, including data quality, security, and privacy concerns.

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Concurrent Planning

Operations and Supply Chain Management

Unlock the Power of Concurrent Planning – 5 Best Practices Victoria Klimova Published Jun 29, 2023 The Future of Supply Chain Planning is Concurrent Concurrent planning can bring significant benefits to supply chain management. By enabling real-time visibility and collaboration, concurrent planning can improve response time, agility and cost optimization.

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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’s Included in Pick and Pack Fulfillment Costs

Amware Logistics and Fulfillment

When you partner with a fulfillment company, a great deal of work moves from your plate to their plate. But you’re footing the bill for those services and, therefore, should understand pick and pack fulfillment costs in order to assess the ROI of that relationship. That said, pick and pack pricing can be a bit of a black box. In this article, we'll take a peek inside the box.

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Adopting Computer Software Assurance: Breaking Down the Software Validation Barrier to Innovative Technologies

Arena Solutions

In the past, validating computer software for automated processes has been a cumbersome, paperwork-intensive task with limited practical benefits. Excessive paperwork and inadequate validation methods have often led to inefficiency and ineffectiveness. However, today, the FDA recognizes that embracing digital capabilities enables manufacturers to reduce errors, optimize resources, and enhance patient safety.

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Tesla is a Unicorn – There is Not Another One Out There

QAD

From Tesla the unicorn, China, why EVs aren’t consumer lead and why batteries may not be the only solution, Mark Gallivan sat down with Joe McCabe of AutoForecast Solutions at the Southern Automotive Conference 2023. When I spoke with Joe McCabe at the Southern Automotive Conference in Biloxi, Mississippi last month his eyes were darting this way and that as he got animated a bout the global automotive industry.

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Using AI to Understand the Habits of Brick-and-Mortar Shoppers

Supply Chain Brain

Brick-and-mortar retailers are seeking out hi-tech ways of tracking the habits of flesh-and-blood shoppers while they’re in their stores.

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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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Navigation Still Required: Ports and Drayage Outlook 2024

NFI

Reading Time: 2 minutes A guest blog post by Richard Jung, Vice President, Port Services After weathering recent storms, the North American port ecosystem can expect improving stability alongside new complexities in 2024. The ebbs and flows of demand should return as excess inventory wanes in distribution centers, yet lasting economic uncertainty may temper volumes.

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Novo Sees European Ozempic Shortages Continuing into 2024

Supply Chain Brain

For both medicines, shortages will get worse as the end of this year approaches, according to a letter to healthcare professionals published November 21 by the European Medicines Agency

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What’s Included in Pick and Pack Warehouse Fees?

Amware Logistics and Fulfillment

When you partner with a fulfillment company, a great deal of work moves from your plate to their plate. You’ll want to understand fulfillment costs to assess the ROI of your relationship. In this blog post, we will examine pick and pack warehouse fees and give you a clear understanding of what these fees entail.

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Climate Neutral Island Supply Vessel Commissioned for Marshall Islands

Supply Chain Brain

The ship is equipped with a semi-automated INDOSAIL wind propulsion system, enabling it to reach a speed of roughly 12 knots with a sailing area of 500 square meters.

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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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What’s Included in Pick and Pack Fulfillment Costs

Amware Logistics and Fulfillment

When you partner with a fulfillment company, a great deal of work moves from your plate to their plate. But you’re footing the bill for those services and, therefore, should understand pick and pack fulfillment costs in order to assess the ROI of that relationship. That said, pick and pack pricing can be a bit of a black box. In this article, we'll take a peek inside the box.

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Cargo Volumes Rise for Third-Straight Month at Port of LA

Supply Chain Brain

Through the first ten months of 2023, the Port has processed 7,123,900 TEUs, which represents a 16.6% drop-off when compared to the same period in 2022.

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Empowering Operations Managers to Drastically Cut Costs with Delivery Route Optimization Software

Loginext

This article outlines the various ways that delivery route optimization software can help your organization cut down on costs. By utilizing the software's features, you can optimize the number of deliveries that your logistics operation completes in a given time frame, minimizing travel time and increasing productivity. The post Empowering Operations Managers to Drastically Cut Costs with Delivery Route Optimization Software appeared first on loginextsolutions.com.

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BMW Investigating Moroccan Miner Following Hazardous Water Claims

Supply Chain Brain

A spokesperson for the car manufacturer said that the company commissioned two investigations into the mine to "examine social and environmental standards at the location.

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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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MercuryGate User Conference 2023: Value at Velocity

MercuryGate

The MercuryGate V3 User Conference marks a significant milestone in the logistics industry, offering an unparalleled opportunity for MercuryGate customers to immerse themselves in an array of exclusive, game-changing insights and innovations. The post MercuryGate User Conference 2023: Value at Velocity appeared first on MercuryGate International.

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MPs Warn “Gigafactory Gap” Could Hurt U.K.’s EV Sector

Supply Chain Brain

Business committee members said that the U.K. has a “limited window in the next three years to attract further investment into this sector.

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November 21, 2023 Update

Freightos

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. More Resources Home November 21, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.