Tue.Jan 16, 2024

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A Journey Through Safety Stocks, Part 10

Arkieva

This blog continues the journey of Kate and Jane as they navigate the concepts of safety stocks at Jane's company. A Journey Through Safety Stocks, Part 10 was first posted on January 16, 2024 at 7:52 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement.

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How to Prevent Procurement Fraud With Analytics

Supply Chain Brain

Unmonitored supply chains, underlying inventory assets, a host of third parties, and frequent transactions make the manufacturing and retail industries a sweet spot for procurement and inventory fraud schemes.

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Meeting OFAC’s Call To Action: Combating Illicit Cargo

IT Supply Chain

By Captain Steve Bomgardner (pictured) VP Commercial Markets, Pole Star The post Meeting OFAC’s Call To Action: Combating Illicit Cargo appeared first on IT Supply Chain.

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Happening Now: West Coast imports expected to surge

West Coast and California Logistics

According to The Loadstar , US West Coast ports are anticipating a surge in imports due to a combination of supply chain and geopolitical disruptions. These disruptions include transit difficulties through the Panama and Suez canals, and concerns at East Coast ports related to ongoing labor contract negotiations.

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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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The Forecast Matters, but Maybe Not the Way You Think

The Smart Software

True or false: The forecast doesn't matter to spare parts inventory management. At first glance, this statement seems obviously false. After all, forecasts are crucial for planning stock levels, right? It depends on what you mean by a “forecast”. If you mean an old-school single-number forecast (“demand for item CX218b will be 3 units next week and 6 units the week after”), then no.

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Cloud-Based ERP guide for Operational Excellence

My Office Apps

Start Your Year with Cloud-Based ERP: The Ultimate Guide to Operational Excellence Begin your year on a transformative note by embracing the power of Cloud-Based Enterprise Resource Planning (ERP) systems. In this ultimate guide, we’ll show you how to elevate your business operations, from procurement and logistics to manufacturing and more, ensuring a path to operational excellence and strategic success.

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Insolvencies in England & Wales: Some signs companies are struggling

IT Supply Chain

By Nicholas Hyett (pictured) Investment Manager, Wealth Club The post Insolvencies in England & Wales: Some signs companies are struggling appeared first on IT Supply Chain.

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Why Returns Data Is Crucial to Customer Experience

BlueYonder

Data can change your business, if it’s used in the right way. It should be used as a way to replace guesswork and give predictability and concrete actions, it should be expertise that’s digital, making it instant and scalable. I want to talk about how a specific subset of retail customer data is insanely important and underutilized to deal with one of the biggest cost pressures in retail: returns.

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Business Process Automation Services: Enhancing Efficiency and Growth

Elementum

Business Process Automation Services: Enhancing Efficiency and Growth Business process automation (BPA) is a powerful approach to streamlining processes, eliminating repetitive tasks, and enhancing efficiency within organizations. It involves the application of technology to automate manual responsibilities that consume valuable time and resources. By implementing BPA, businesses can reduce human error, improve agility, and focus on innovative work that drives growth.

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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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Comparing the 2023 National Defense Industrial Strategy (NDIS): A Critique and Comparison to Supply Chain Immunity

NC State SCRC

The Department of Defense released four days ago its inaugural National Defense Industrial Strategy (NDIS), which is intended to guide the Department’s engagement, policy development, and investment in the industrial base over the next three to five years. Taking its lead from the National Defense Strategy (NDS), this strategy sought to catalyze generational change from the existing defense industrial base to a more robust, resilient, and dynamic modernized defense industrial ecosystem.

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Processes Automation: Streamlining Business Operations for Efficiency

Elementum

Processes Automation: Streamlining Business Operations for Efficiency Process automation has become a vital component in today’s rapidly evolving business landscape. By utilizing technology to automate complex business processes—such as production, employee onboarding, and customer service—companies can enhance productivity, efficiency, and promote innovation.

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Setting Your Supply Chain Course for Decision-Centric Planning

John Galt

Learn about the emerging new way of making supply chain decisions to handle increased complexity.

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January 16, 2024 Update

Freightos

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. More Resources Home January 16, 2024 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.

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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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Addressing Common MRO Supply Chain Challenges

Synovos

Common MRO Supply Chain Challenges and How to Address Them The MRO supply chain is complex, regardless of the industry. For every purchased spare part there are potential challenges around lead time, parts availability, pricing, invoicing, quantity, quality, and more. Staying ahead of those challenges is difficult enough. Solving them requires significant resources.

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What is Landed Cost? Formula, Definition & How to Calculate

Unleashed

Landed cost is a crucial metric for understanding profitability at the product level. It takes into account sales and production costs, along with any additional fees required to ship a product to the end consumer. Without it, you’ll struggle to achieve an accurate measure of how well your business is doing. This guide breaks down how landed cost is calculated, why it matters, and strategic ways to lower your landed costs and increase profitability.

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Common MRO Supply Chain Challenges and How To Address Them

Synovos

Common MRO Supply Chain Challenges and How to Address Them The MRO supply chain is complex, regardless of the industry. For every purchased spare part there are potential challenges around lead time, parts availability, pricing, invoicing, quantity, quality, and more. Staying ahead of those challenges is difficult enough. Solving them requires significant resources.

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Retail Supply Chain & Logistics Expo to Take Place in February 2024

Supply Chain Brain

Explore a range of cutting-edge solutions encompassing AI, machine learning, transportation management systems, advanced planning systems, data analysis, automation solutions and more. These innovations can transform a product's journey, enhancing its overall effectiveness.

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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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Boeing 737 MAX Door Plug Incident- Expanding Implications

Supply Chain Matters

The Supply Chain Matters blog provides an additional update on the incident involving an Alaska Airlines Boeing 737 MAX 8 aircraft’s decompression. As indicated in our last update related to the incident, the series of ongoing investigative actions continue and the consequences are growing for Boeing , the plane maker’s senior leadership, and for certain suppliers.

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Advanced Planner-Assisted Systems (APAS)

Adexa

Advanced Planner-Assisted Systems (APAS) There has been a lot of talk regarding autonomous planning systems and the use of AI/ML to make the planning process more productive and the operations more optimized. Just like autonomous cars, the planning part is not too hard, i.e. the use of GPS as to where to go and when we get there. The uncertainty and how we respond when disruptions occur, are the key issues to be addressed.

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What Are Common MRO Supply Chain Challenges and How To Address Them?

Synovos

What Are Common MRO Supply Chain Challenges and How to Address Them? The MRO supply chain is complex, regardless of the industry. For every purchased spare part there are potential challenges around lead time, parts availability, pricing, invoicing, quantity, quality, and more. Staying ahead of those challenges is difficult enough. Solving them requires significant resources.

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Boeing’s subcontractor problem

Operations and Supply Chain Management

Subcontractors are emerging as the weakest link in Boeing’s supply chain. The WSJ’s Sharon Terlep and Andrew Tangel report that a Boeing engineer warned at an internal symposium in 2001 that entrusting other companies with the production of parts was a big risk , but the company plowed ahead regardless. The strategy is being questioned in the wake of a string of quality problems that include complaints of loose rudder bolts and a recent blowout of a door plug on an Alaska Airlines flight.

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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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Supply Chain Newso on Beyond the Sheer Volumes, Retailers increasingly Battling Fraudulent Returns

Supply Chain Digest

Opening Returned Televisions to Find Stacks of Bricks

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SMC³’s Solution to the Logistics Industries Talent Problem

Supply Chain 24/7

This SMC3 blog outlines the logistics industries talent problem. A study from Alcott Global identifies the problems outlined. SMC3’s solution to these problems is teaming with the Logistics Training Center to provide coursework geared toward mastery of LTL transportation concepts.

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Stellantis Letting Go of Thousands of Italian, U.S. Workers

Supply Chain Brain

Stellantis will temporarily lay off 2,250 Italian workers after announcing plans to cut the jobs of 539 supplemental workers in the U.S.

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Technology Diffusion: Teaching an Old Dog New Tricks

QAD

Sometimes diffusion needs a little push. My mom will be 85 this year, which means she was born before any computers were invented. ENIAC (/ ˈ ɛ n i æ k /; Electronic Numerical Integrator and Computer) was the first programmable, electronic, general-purpose digital computer made in 1945. My mom was an early adopter of word processing and personal computers because she was my Dad’s office manager, administrative assistant and bookkeeper.

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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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Michelin to Pause Spanish Production Due to Red Sea Crisis

Supply Chain Brain

Michelin suspended shifts at Spanish plants during the weekend of January 13 due to raw material delivery delays that arrive by sea from Asia.

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Business Process Automation Solutions: Boosting Efficiency and Growth

Elementum

Business Process Automation Solutions: Boosting Efficiency and Growth Business process automation (BPA) is a strategy that enables organizations to streamline their operations, reduce manual tasks, and improve efficiency by leveraging technology. It involves the use of tools and solutions to automate repetitive, time-consuming tasks, allowing employees to focus on more value-added activities such as innovation and collaboration.

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Chevron Still Plans to Ship Cargo Along Red Sea Route, CEO Says

Supply Chain Brain

The California-based oil giant is working with naval authorities in the U.S. and Middle East to move its cargoes through the region, said CEO Mike Wirth.

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