Thu.Jan 25, 2024

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Milestone: Freightos Celebrates One Million Transactions!

Freightos

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. More Resources Home Milestone: Freightos Celebrates One Million Transactions! Aimee Loshinsky January 25, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo In Freightos Q4 2023 KPI press release , we announced that the company surpassed one million bookings across the platform in 2023.

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Making The Case for Value Network Enablement

Supply Chain Shaman

Another call. Same story. As my client explains that they are delaying their project to build network interoperability due to complications with their Enterprise Resource Planning (ERP) upgrade, I tap my foot and sigh. I hear this story a lot. The ERP upgrade cycle holds many of my clients hostage. While the desire to improve network interoperability is high, the organization’s mindset is focused on transactional efficiency.

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Getting Started with AI in Supply Chain

Logistics Viewpoints

Getting started with AI in supply chain might not start where you think. Some try delving into deep learning or a crash course in generative AI (GenAI), but I don’t recommend starting there. Instead start with the foundation of your AI strategy, which should be an understanding of your company’s supply chain and your data. Second, avoid islands of isolation and limited impact by integrated AI into your supply chain so the results are aligned end to end.

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Data Privacy Day 2024

Enterra Insights

Data privacy is a big deal. It’s also a big challenge. We sit on the cusp of a new business era driven by artificial intelligence (AI); however, without data AI doesn’t work. That’s why there is a growing tension between data availability and data protection. Data will not disappear as a result of the enactment of privacy laws and regulations; however, privacy laws and regulations do make the collection, storage, and analysis of data more complicated.

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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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Podcast | Protecting Digital Supply Chains From Cyberattack

Supply Chain Brain

For all its advantages, the digitization of supply chains has one disconcerting drawback: It makes them more vulnerable to hackers and cyber thieves.

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How Trucking Companies Indirectly Cause Truck Accidents

IT Supply Chain

By Claire Lloyd (pictured) Content Writer The post How Trucking Companies Indirectly Cause Truck Accidents appeared first on IT Supply Chain.

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Most U.S. Companies Would Prefer Indian over Chinese Suppliers

Supply Chain Brain

Over half of the survey participants said that they wanted India to fulfill their supply chain needs over the next five years, rather than China.

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The Benefits of Owning Rental Properties

IT Supply Chain

By Allen Brown (pictured) Content Writer The post The Benefits of Owning Rental Properties appeared first on IT Supply Chain.

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Watch: How to Solve the Talent Problem in the Supply Chain Industry

Supply Chain Brain

The supply chain industry has a PR problem when it comes to attracting workers. "People think it's all truck drivers and forklift operators, but we need engineers and technicians," says educator Robyn Brunscher.

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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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How to Calculate Compensation for a Truck Accident Claim

IT Supply Chain

By Ian Benson (pictured) Content Writer The post How to Calculate Compensation for a Truck Accident Claim appeared first on IT Supply Chain.

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Enhancing Supply Chain Resilience Through Logistics Technology

Supply Chain Brain

In the wake of multiple disruptions to global supply chains over the last few years, a variety of technologies has emerged to help business leaders achieve resilience.

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Supply Chain Matters Podcast Episode 25: Risk Megatrends For Supply Chain Management Teams in 2024

Supply Chain Matters

The Supply Chain Matters blog announces the availability of our latest recorded podcast episode: Risk Megatrends That Supply Chain Management Teams Should Anticipate in 2024. Podcast Perspective Our latest episode continues with our current series of specific podcast conversations focusing on the important trends and challenges that will be presented to industry and global supply chains in 2024.

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Harnessing the Power of Data-Driven Supply Chain Strategies

Tecsys

In real estate, the mantra is “location, location, location.” In the finance world, we often hear that “cash is king.” But as a marketer in the supply chain sector, my experience is that there is a different mantra and another king, and that’s data. Data has emerged as the cornerstone of effective decision-making. Granted, marketing and supply chain management are distinct domains; but as a marketer of supply chain solutions, I can’t help but see the parallels, and how they both rely on data-dri

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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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Tesla’s Report of 2023 Financial Performance Disappoints

Supply Chain Matters

Supply Chain Matters provides highlights of Tesla’s report of both Q4 and 2023 full year financial performance which were not well received. Financial Performance Results After previously reporting record electric vehicle deliveries in Q4 and for 2023 , Tesla reported both Q4 and full year 2023 financial performance that generally disappointed investors.

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Preparing your procurement team for the year ahead?

Proxima

To cut through the often-overwhelming noise in the procurement landscape – from geopolitics to supply disruption, digital to sustainability, and beyond – we consult leading CPOs to get their take on where we should be focussing efforts in the coming year. Reflecting on what we have learned from the past 12 months, it’s likely 2024 will also be rich with opportunities and challenges to embrace and navigate.

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German Solar Start-Up Expands in U.S. to Challenge China Dominance

Supply Chain Brain

The company established a U.S.

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My Biggest Takeaways from NRF 2024 – Retail’s Big Show

The Network Effect

The post My Biggest Takeaways from NRF 2024 – Retail’s Big Show appeared first on The Network Effect.

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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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Supply Chain Predictions for 2024

Supply Chain Digest

Starting with Highlights from Gartner 2024 Supply Chain Logistics Predicts

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Retaining Supply Chain Talent in the Post-Pandemic Era

Supply Chain Brain

Talent retention is crucial for every industry, but it’s especially so in logistics and the supply chain, where skilled and experienced employees can be a significant competitive advantage.

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Think Sustainability.

AFFLINK

Sustainability will play a much more significant and crucial role for independent distributors in 2024. For exceptional independents, those staying one step ahead of their competitors, understanding sustainability, its importance, and its many benefits is crucial. Because of this, during the year, we will present more THINK AFFLINKs discussing sustainability.

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FAA Pauses 737 Production Expansion, Creates Return to Service Path for Max 9s

Supply Chain Brain

The FAA also said on January 24 that it had approved the inspection instructions for Boeing 737 Max 9 airplanes.

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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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Retailers Return to Bringing in Inventory ‘Just in Time’ – The Wall Street Journal.

Operations and Supply Chain Management

I thought you would be interested in the following story from The Wall Street Journal. Retailers Return to Bringing in Inventory ‘Just in Time’ Download the Wall Street Journal app here: WSJ.

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Regional Transportation Agencies Deploy Innovative Tech to Improve Operations, Employee Retention and Recruitment

ThroughPut

After Successful Proofs of Concept, 13 Companies Selected to Scale Pilots with MTA, Port Authority and NJ TRANSIT PALO ALTO, CA, January 22, 2024 /PRNewswire/ — Today, the Transit Tech Lab —a public-private initiative created by the Metropolitan Transportation Authority (MTA) and Partnership for New York City to bring private sector innovation to New York’s public transit system—announced 13 winners of last year’s annual accelerator-style competition, which was focused on Human Capital and Ope

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ZIM Launches Service Connecting U.S., Canada and Asia

Supply Chain Brain

The service commenced operations January 21 from Cai Mep, Vietnam with a rotation that goes to Yantian, Kaohsiung, Xiamen, Ningbo, Shanghai, Vancouver, Pusan and then back to Cai Mep.

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Germany’s Support of EU Supply Chain Legislation in Doubt

Supply Chain Brain

Christian Lindner, Germany’s Federal Minister of Finance and the leader of the pro-business party Free Democrats, expressly criticized the proposal earlier this week.

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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.