Tue.Jan 02, 2024

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5 Supply Chain Best Practices Predictions for 2024

MercuryGate

Order and shipment volumes slowed significantly since the record levels of 2020 and 2021, and excess carrier capacity abounds as we close out 2023. The economy improved somewhat, but it isn’t roaring to life. Inflation continues to worry consumers. Heading into 2024, adopting forward-looking supply chain best practices prepares your organization for the next turn in a volatile environment.

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Trying to Push Content Above the Noise

Supply Chain Shaman

Today is a writing day. My last post was December 7th, 2023. The month of December was my longest writing respite since I started this blog in January 2010. Posting the first blog seems like yesterday, but thirteen years and over 540 blogs later, taking a pause from a weekly deadline was badly needed. I give thanks for all my readers, but I relished the break.

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Happy New Year! What’s In Store for Supply Chains?

Enterra Insights

The late business guru Peter F. Drucker once stated, “Whenever you see a successful business, someone once made a courageous decision.” For years, business consultants have encouraged businesses to become data-driven. They could just as well have insisted that businesses become decision-driven — it is the decisions made as a result of analyzing data that are really important.

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Bridging the Decision Abyss

Supply Chain Brain

A call to action for supply chain and procurement leaders to demand better intelligence platforms.

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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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Bankruptcy Laws Unveiled: Know Your Rights And Options

IT Supply Chain

By Richard Pearson (pictured) Content Writer The post Bankruptcy Laws Unveiled: Know Your Rights And Options appeared first on IT Supply Chain.

More Trending

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Flying High: Innovations and Challenges in Aerospace Supply Chains Amidst Rising Global Demand

Resilinc

Resilinc’s President of Government, Defense, and Aerospace, Peter Guinto, provides insight into what’s top of mind for Aerospace and Defense supply chains. In 2023, there was a resurgence in demand within the aerospace and defense (A&D) industry, according to Deloitte. On the commercial side, air travel returned to pre-pandemic levels, leading to heightened demand for both new aircraft and after-market products and services.

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The Latest Trends in Health & Safety in the Manufacturing Industry

IT Supply Chain

By John Hampton (pictured) Content Writer The post The Latest Trends in Health & Safety in the Manufacturing Industry appeared first on IT Supply Chain.

Trends 59
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5 Ways to Cope with Changing Logistics Demand in 2024

Locus Robotics

Home January 02, 2024 5 Ways to Cope with Changing Logistics Demand in 2024 Inés Alcántara , Senior Sales Engineer In an era marked by unpredictability and technological advancements, understanding and adapting to the changing demands of logistics is not just an option, but a necessity for success. There are five pivotal solutions and trends that are reshaping the logistics landscape.

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The Importance of Embedded Systems in Electronics Industry

IT Supply Chain

By Christine Baker (pictured) Content Writer The post The Importance of Embedded Systems in Electronics Industry 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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Just-In-Time Management – How to Manage Inventory in 2024

ThroughPut

The Just-In-Time inventory management approach revolutionized manufacturing forever. Though this topic has been thoroughly researched, its basics and practical advice on successfully implementing it have often been overlooked in the endless blog posts on Google search results pages. To help out fellow supply chain experts and professionals, we’ve crafted this guide to deepen your comprehension of JIT, illuminating its fundamental principles, myriad benefits, strategic implementation, and t

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Tesla Reports Record Vehicle Deliveries for Q4 and 2023

Supply Chain Matters

In our first posting of 2024 we highlight global EV automaker Tesla’s reported record Q4 and full year 2023 vehicle delivery performance this week. According to a company release , the EV automaker produced approximately 495,000 vehicles and delivered over 484,000 vehicles in the final quarter. For the full year, vehicle deliveries grew 38 percent on a year-over-year basis to 1.81 million vehicles.

Report 52
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5 Ways to Cope with Changing Logistics Demand in 2024

Locus Robotics

By Inés Alcántara, Senior Sales Engineer In an era marked by unpredictability and technological advancements, understanding and adapting to the changing demands of logistics is not just an option, but a necessity for success. There are five pivotal solutions and trends that are reshaping the logistics landscape. From leveraging the power of AI to embracing eco-logistics, we will uncover the essential strategies to thrive in this complex and exciting field.

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Supply Chain Leadership Series VIII: Todd Imhoff, CEO, Restaurant Supply Chain Solutions (YUM)

NC State SCRC

Running a Purchasing Cooperative involves many stakeholders! As President and CEO Restaurant Supply Chain Solutions (RSCS) , Todd Imhoff is responsible for all aspects of RSCS’s business strategy, overseeing the quick-service restaurant industry’s largest supply chain cooperative. Exclusively representing the iconic YUM! Brands restaurants and A&W, he drives the strategic direction of the RSCS supply chain including the oversight of nearly $7 billion in food, beverage , and restaurant equi

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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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Global Supply Chain News on The Impact of Houthi Attacks on Shipping in the Red Sea

Supply Chain Digest

Many Container and Bulk Ships Forced to Sail Around Africa

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Increase Picking Density with Mezzanines, Pick Towers, and Automation

Supply Chain Brain

Warehouse operators can increase the density of their pick operations by installing pick towers and mezzanines within their current facilities, boosting throughput inside their existing building.

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How to achieve All Mile Excellence with the power of Artificial Intelligence in the best logistics software

Loginext

This article provides a comprehensive overview and key stats on the landscape of logistics operations and the best logistics software. It also highlights the impact of AI in logistics operations and how it can be integrated into logistics software to enhance operational capabilities. The post How to achieve All Mile Excellence with the power of Artificial Intelligence in the best logistics software appeared first on loginextsolutions.com.

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Maersk Again Pauses Red Sea Operations After Houthi Attack

Supply Chain Brain

The company said that its vessel, the Maersk Hangzhou, was targeted by Houthis in attack boats December 31.

Company 104
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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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Chinese Luxshare Buys iPhone Assembly Plant from Taiwanese Pegatron

Supply Chain Brain

The world’s second-largest iPhone manufacturer will pay $300 million to Pegatron to acquire a 62.5% stake in the company's Shanghai facility.

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India Truckers Strike Threatens Food, Fuel, Goods Supplies

Supply Chain Brain

The truckers launched the strike January 1 in protest against the newly enacted criminal law which extends the jail term for hit-and-run cases to a maximum of 10 years.

India 96
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U.S. Passes China as South Korea’s Top Export Market

Supply Chain Brain

South Korea sold $11.3 billion of goods to the U.S. in December 2023, beating out China by roughly $400 million.

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Tesla Beats Q4 Delivery Estimates

Supply Chain Brain

The American car company was able to deliver a record number of vehicles during Q4, helping the organization hit its 2023 target of 1.8 million automobiles.

Company 52
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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.