Thu.Oct 24, 2024

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Keys to Mastering Risk Management in Manufacturing

QAD

Imagine stepping onto the factory floor, not to the usual hum of machinery, but to a chorus of alarms, news of a key supplier’s financial collapse, and news of a cyberattack on your systems. This might sound like a scene from a disaster movie, but in the world of manufacturing, such risks are not just possible – they’re probable. The complex and interconnected nature of modern manufacturing operations makes them vulnerable to a wide array of threats, from operational disruptions and

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Key Takeaways from SAP Spend Connect Live

Logistics Viewpoints

5000 developers are working on product enhancements and extensions to the SAP spend management suite. This is the largest area of investment for the company outside of ERP. With that level of investment, one would expect an aggressive product buildout. At SAP Spend Connect Live, held October 14-16 in Las Vegas, SAP did make several significant product announcements.

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GenAI Transforms S&OP: Better Alignment and Improved Employee Experience

Logility

The pace of technological evolution is pushing organizations to the brink. This is more evident in supply chain, where time-tested methods are being replaced with new ones. These new approaches not only improve existing processes but also reimagine them altogether. Enter Generative AI (GenAI). The groundbreaking technology is transforming how companies manage sales and operations planning (S&OP).

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Blue Yonder’s Key Takeaways  from the 2024 Gartner® Supply Chain Planning Summit

BlueYonder

Last week, a team from Blue Yonder attended the 2024 Gartner ® Supply Chain Planning Summit in London. The theme of this year’s conference was “Generating Value Together: Beyond Accuracy, Toward Intelligence.” In our opinion, while forecast accuracy used to be the number one priority for supply chain planners, the event put forward the importance of intelligent decision-making to balance multiple objectives when planning — such as margins, cash and growth — to drive real value from operations.

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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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How Additive Manufacturing Is Reshaping U.S. Industries and Supply Chains

Supply Chain Brain

In recent years, reshoring has evolved from a strategic consideration to a central priority for both policymakers and businesses. A key element of the reshoring push is additive manufacturing.

More Trending

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Improving B2B Supply Chain Promising With a Microservices Approach

Supply Chain Brain

B2B buyers aren’t just thinking about cost. Like their B2C counterparts, they have customer-experience expectations and shipping requirements to consider.

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Essential Guide to Supplier Collaboration

Jaggaer

Essential Guide to Supplier Collaboration Supplier collaboration is redefining success across industries. It’s no longer just about maintaining good relationships; it’s about turning those connections into engines of innovation, efficiency, and sustainability. Strong supplier partnerships drive new product development, unlock cost efficiencies, and ensure supply chains are adaptable to changing market conditions.

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DOE Awards $428M to Address 'Critical' Energy Supply Chain Needs

Supply Chain Brain

The projects selected are each focused on one of five areas: energy grid components, batteries, low-carbon materials, clean power generation, and energy-efficient products.

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Supplier Collaboration: Fundamental to Elevating Manufacturing Performance

Jaggaer

Supplier Collaboration: Fundamental to Elevating Manufacturing Performance Supplier relationships are at the heart of manufacturing performance. By selecting and developing the right suppliers and establishing streamlined, transparent communication with them, manufacturers gain the agility and resilience to respond to customer demands, rise to the top, and navigate disruptions more easily.

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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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7 Golden Rules for Change Management in Supply Chain Organisations

Logistics Bureau

I have a theory or two about change and change management in supply chain organisations. Actually they apply to change in any organisation; supply chain isn’t really unique in its change management requirements. My first theory is this… People do like change. We make plenty of changes throughout our personal and family lives. We go on vacations for a change of surroundings, climate and culture.

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Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration

Jaggaer

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logist

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Business and Labor Relations Challenges Magnify for Boeing

Supply Chain Matters

Supply Chain Matters provides added highlights and perspectives on Boeing’s ongoing business and labor relations challenges that continue to magnify. After Boeing and its machinist labor union negotiating team came to a second tentative agreement on proposed wages and benefits, labor union members voted yesterday to once again reject the company’s latest mediated contract offer.

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Supplier Collaboration: Driving Innovation and Competitive Advantage

Jaggaer

Supplier Collaboration: Driving Innovation and Competitive Advantage In today’s hyper-connected global economy, where supply chains span continents, and industries are interlinked globally, supplier collaboration serves as the foundation to drive innovation and create a future-ready organization. The concept goes beyond traditional buyer-supplier relationships, focusing on creating value through closer, more integrated partnerships.

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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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Exiger’s Technology Forecasts Merchandise, Textiles and Luxury Goods Most Vulnerable to Potential Strait of Hormuz Blockade

Exiger Perspectives

Jebel Ali Port Central for U.S.- Bound Shipments, Global Transshipping and Persian Gulf Oil WASHINGTON , Oct. 24, 2024 – Exiger , the market-leading supply chain and third-party risk AI company, today released proprietary research generated by its AI platform 1Exiger that identifies the sectors most vulnerable to a potential blockage in the Strait of Hormuz, which hosts the world’s twelfth busiest port, Jebel Ali.

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The Art of Supplier Collaboration: Best Practices to Build Lasting Partnerships

Jaggaer

The Art of Supplier Collaboration: Best Practices to Build Lasting Partnerships Dynamic market changes and global events seem to create newer demands and greater pressure on procurement professionals. Their responsibilities focus on going beyond cost reduction and achieving broader business goals such as growth, innovation, and customer satisfaction.

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Nature’s Bakery plans 2025 distribution with unwrapped Crisp insights

crisp

How a data-driven partnership with Crisp is fueling Nature’s Bakery’s next phase of growth. Nature’s Bakery, beloved snack bar brand under the Mars healthy snacking division and sister to KIND and Tru-Fru, has continued to see net sales skyrocketing by high double digit growth since its acquisition in 2020. Now, with a new production facility set to open in Salt Lake City in 2025 to meet growing nationwide demand, Nature’s Bakery is preparing for its next chapter.

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9 Steps to Improving Supplier Collaboration for Competitive Advantage

Jaggaer

9 Steps to Improving Supplier Collaboration for Competitive Advantage The strategic value of suppliers has been growing, and so has the need to rely on their performance and partnership. Supplier collaboration serves as the foundation for supply continuity, agility, risk management, and resilience when disruptions occur. Making key suppliers more like business partners than cost-reduction entities.

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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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How Country of Origin Shapes Global Trade and Compliance

Bristlecone

International trade transactions involve a series of complex tasks that can affect economic outcomes, growth, and opportunities within specific regions. The country of origin (COO) is just one of many elements that influence cross-border transactions within international trade. The country of origin is where a product – whether a tangible or intangible item – is manufactured, created, or significantly transformed.

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Maximizing Cost Savings Through Strategic Supplier Collaboration

Jaggaer

Maximizing Cost Savings Through Strategic Supplier Collaboration With the growing emphasis on long-term value creation, Chief Procurement Officers are increasingly turning to supplier collaboration as a cornerstone of cost reduction. The emphasis has shifted toward strategic partnerships, with a key focus on reducing costs while fostering long-term supplier collaboration.

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Vendor Management System (VMS): What It Is & Why It’s Needed

Kodiak Hub

In the increasingly complex and interconnected world of Procurement, managing vendors efficiently is critical to the success of any business. But in order to effectively manage hundreds or thousands of vendors throughout an organization's supply chain, spreadsheets and legacy solutions simply won't cut it for Procurement to build resiliency and unlock strategic value.

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The Future of Supplier Collaboration is Now: AI is Optimizing Supplier Relationships

Jaggaer

The Future of Supplier Collaboration is Now: AI is Optimizing Supplier Relationships Artificial Intelligence plays a powerful role in effective supplier collaboration. It provides valuable insights, improves supplier management, and facilitates stronger and more profitable supplier relationships. Though the introduction of AI into our everyday lives is relatively new, its abilities meet critical needs, enhances efficiencies, and allows procurement professionals to avoid being bogged down by

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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 Graphic of the Week on Global Shipping Container Volumes over Time

Supply Chain Digest

UN Group Says Slow Growth Ahead

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U.S. STB Approves Transaction That Creates Rail Link Between Mexico, U.S. South

Supply Chain Brain

The acquisition by CSX and CPKC will create a new interchange in Alabama that will connect shippers in Mexico, Texas and the Southeast U.S.

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The Five Focusing Steps in Practice: “1 – Identify”

Demand Driven Technologies

Are you familiar with the “five focusing steps”? This approach is at the heart of the Theory of Constraints (TOC), the school of thought initiated by Dr. Eli Goldratt, author of the bestseller The Goal. The “Five Focusing Steps” are a counterpart to Deming’s PDCA – Plan Do Check Act: they are five steps for.

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Podcast | A Manufacturer Moves From China to Mexico. How’s That Going?

Supply Chain Brain

A contract manufacturer serving the automotive industry is riding the trend of shifting production from China to Mexico.

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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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Take the Bite Out of the Fuel Surcharge Increase

MercuryGate

One of the most effective ways to reduce fuel surcharges is by improving route efficiency. For instance, MercuryGate's TMS provides order visibility and advanced route optimization, minimizing unnecessary detours and empty miles. The post Take the Bite Out of the Fuel Surcharge Increase appeared first on MercuryGate International.

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NHTSA Opens Probe into Tesla 'Full Self-Driving' System

Supply Chain Brain

If the agency finds that the system poses enough of a safety risk, it could potentially order a full recall of all vehicles that use the software.

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Behavioral Segmentation: A Modern Approach to Understanding Customers

Saleswarp

Behavioral Segmentation: A Modern Approach to Understanding Customers In today’s rapidly evolving retail landscape, traditional shopping habits are becoming a thing of the past. Consumers no longer follow the old narratives that once guided their buying decisions, and this shift presents both challenges and opportunities for retailers. To stay competitive, businesses must adapt to the changing dynamics by adopting a more nuanced approach to marketing: behavioral segmentation.