Thu.Jul 20, 2023

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Editor’s Choice: Redefining Real-time Visibility

Logistics Viewpoints

Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Today’s article comes from Matt Elenjickal, Founder and CEO at FourKites, and looks at redefining real-time visibility. When you look at the real-time supply chain visibility market of several years ago, it was all about solving or addressing foundational use cases: Where’s my shipment?

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Demand Planning Software: Your Comprehensive Guide 

Logility

Good forecasting leads to good demand planning —and good demand planning means better profitability. That’s why it’s essential to be sure you’re equipping your organization with the right demand planning software. When you choose the right solution, you can stay ahead of fluctuations in customer demand, achieve high levels of forecast accuracy, handle seasonality, and drive collaboration across supply chain stakeholders.

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How Automating Your Quality Management System Can Improve Performance

QAD

Quistem’s Cathy Fisher and I have been strong advocates about breaking down the silos among quality, supply chain and IT a lot on the Auto Supply Chain Prophets podcast through our research on the intersection of MMOG/LE and IATF 16949, which then led to our 24 essential supply chain processes. However, most wonder how it can be done. We recently had Mike Payionk, Quality Control Program Manager at PennEngineering on the podcast and here is what he had to say!

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The Fundamental Guide to Medicare Parts A, B and C

IT Supply Chain

By Victoria Jones, (pictured) Senior Medicare & Health Insurance Writer The post The Fundamental Guide to Medicare Parts A, B and C 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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What Critical Manufacturing Organizations Need to Do Now to Reduce the Chance of a Security Breach

Supply Chain Brain

The manufacturing sector must have up-to-date cyber-security tools and cyber-hygiene practices. Doing so will strengthen the global supply chain and public safety as well.

More Trending

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Top Supply Chain Stories by Month 1H 2023

Supply Chain Digest

For a Change, it was a Relatively Calm Six Months

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6 Ways Energy Companies Can Benefit from Procurement Technology

EC Sourcing Group

The energy sector faces several unique procurement challenges, such as complex supply chains, volatile commodity prices, strict regulatory requirements, and the need for sustainable and socially responsible sourcing. Simfoni’s procurement technology solutions can provide significant benefits to these companies, effectively addressing the challenges and offering the following benefits: Enhanced Supply Chain Visibility : The energy, utilities, and mining sectors often have extensive and in

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What You Can Learn from Australia’s Review of Sanctions

Exiger Perspectives

Sanctions compliance has dominated the financial crime and compliance news lately. This will continue as influential countries — in this case, Australia — attempt to curb illicit money flows, goods, trade and services that could be used, for example, by Russia. The Economist, a well-respected UK publication, asked, “ Are sanctions on Russia working?

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Tesla Reports Sales and Profitability Gains in Q2-2023 But Margins Erode

Supply Chain Matters

Supply Chain Matters provides highlights added perspectives to EV automaker Tesla’s report of Q2-2023 financial performance this week. After reporting record Q2-2023 production out and vehicle deliveries earlier this month , Tesla r eported all-time high automotive sales and added profitability performance in the recent quarter. However, investors seem more concerned with eroding operating margins as a result of an ongoing strategy of aggressive price cuts on particular vehicles.

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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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With Crisp data, Swoon and Barbie evolve classic flavors into a summer smash

crisp

The Swoon team uses fresh insights in the Crisp platform to anticipate demand levels and get sugar-free lemonade on the right shelves – ensuring success as their Barbie collaboration hits retailers nationwide this summer. Swoon’s zero-sugar, entirely-satisfying canned teas and lemonades are flying off the shelves in major retailers nationwide – and with summer (and a timely Barbie brand collaboration) underway, things are just warming up.

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How Improved Hub Operations Reduce Time Under The Roof

Locus

They say that time is money. And in the world of logistics and supply chain management, the more time spent by vehicles on the road in making deliveries, the better. The truth is: much of their time is spent under a roof waiting to load or unload their next shipment. As much as 50%, according to some estimates. This is where reducing Time Under The Roof becomes critical.

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The Importance of Emissions Tracking & Management in Supply Chains

HICX Solutions

Following the most recent IPCC report , organizations face intensifying pressures to manage and track their carbon emissions throughout their supply chains to reduce their environmental impact. There is a particular focus on supply chains due to the amount of electricity used to store and transport goods in warehouses. This has led to an increasing collective belief that organizations should bear significant responsibility for the emissions generated and be held accountable for their carbon foot

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From Blind Spots to Bright Insights: 5 Strategies for Supply Chain Excellence

Global Trade Management

Imagine an adrenaline-filled pilot of a WWII fighter plane with battle scars limping back to base. What enabled the pilot to return safely? Engineers carefully inspected the returned planes and improved the areas where they found gunfire holes. As the person responsible for managing the fighter plane disruption problem, would you rely on the data you see to define mitigation actions, such as reinforcing the plane where holes were spotted, to protect your soldiers and pilots?

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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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Riviana Foods: Using Optimized Load Building to Reduce Transportation Costs and Improve Sustainability

Talking Logistics

Finding available trucking capacity is often a challenge, especially when demand is high. The sad truth, however, is that a lot of capacity gets wasted too. We see this, for example, in the number of empty backhauls that happen every day. There is another form of wasted capacity, however, that many shippers overlook — that. Read more The post Riviana Foods: Using Optimized Load Building to Reduce Transportation Costs and Improve Sustainability appeared first on Talking Logistics with Adria

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Supply Chain Graphic of the Week on What Questions Should CPOs be Asking Themselves

Supply Chain Digest

Nice List from Annual Deloitte CPO Survey

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Do Chatbots Hallucinate, Make Things Up, or Outright Lie?

Enterra Insights

The news has recently been filled with stories about large language models (LLM) such as ChatGPT and Bard — often referred to as generative artificial intelligence (AI) systems. You can test the models for yourself and quickly discover that not everything being generated is true. The generated misinformation is attributed to AI hallucination — as though the AI model somehow consumed magic mushrooms.

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Wheat Prices Continue to Rise Following Russia's Threats on Ukraine-Bound Ships

Supply Chain Brain

Wheat prices grew by 8.2% on the European stock exchange from July 18 to July 19 while U.S. wheat futures rose by 8.5%.

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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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9 Things that Make Reno Warehouse Space a Great Bet

Amware Logistics and Fulfillment

When it comes to gaming, Reno has the second largest number of casinos of any city in the world. And when it comes to order fulfillment, distributing from Reno warehouse space could greatly increase your brand’s odds for success.

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Contract Negotiations Set to Resume Between UPS and Teamsters Next Week

Supply Chain Brain

UPS said that it is pleased to be continuing contract negotiations and that it's prepared to meet some of the union’s demands for better pay and more benefits.

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Can your 3PL perform kitting in the warehouse?

West Coast and California Logistics

The products that you have sitting in your warehouse – or that of your 3PL warehousing partner – may not be in the configuration that they need to ship to the end customer. For example, you may need to combine multiple component products into one new re-configured (or ‘kitted’) product. Or you may need to break apart an existing kitted product into multiple component products.

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Tesla Looking to Make Its German Plant Europe’s Biggest Car Factory

Supply Chain Brain

If Germany approves the expansion plans, Tesla’s gigafactory will be able to increase its battery storage capacity to 100 gigawatt hours per year from 50 gigawatt hours currently.

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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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5 Tips and Tricks to Effectively Manage Your Online Database Application

TrackVia

Data management, a critical practice across various industries, involves handling data as a valuable strategic resource. This involves collecting, processing, governing, sharing, and analyzing data in an efficient, effective, and reliable way. However, the challenge lies in avoiding data management complexities and enhancing this process to support analytics, data science, and machine learning more effectively.

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India Bans Some Non-Basmati Rice Exports to Control Prices

Supply Chain Brain

The latest ruling by the South Asian nation, which has already imposed restrictions on wheat and sugar exports, would affect about 25% of total rice shipments from India.

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What to look for in pneumatic trucking companies

Bulk Connection

Nearly every product that we use on a daily basis started out in dry bulk form inside a pneumatic trailer. These materials need to be transported in raw form before being manufactured into bigger and better things. In this article, we’ll take a closer look at this type of transportation and tell you what you should look for in the pneumatic trucking companies you work with.

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Will AI Drive the Next Wave of Supply Disruptions?

Supply Chain Brain

A s AI drives autonomous systems that monitor markets and conduct buy cycles, the risk of causing a shortage by trying to “beat the market” could cause a disruption.

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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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5 Tips to know before integrating your ERP with EDI

crisp

Adopting an ERP system, or changing from one to another, and then integrating it with their EDI isn’t something companies frequently do. As a result, most don’t know what to expect or how to prepare. In this piece, we discuss why it’s imperative to start planning your EDI in conjunction with the ERP. Tip #1 – Ensure you get an EDI provider offering a flexible solution.

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Podcast | U.S. vs. China: Should We Disrupt the Relationship?

Supply Chain Brain

Is it time to unravel the trade ties that bind the U.S. and China? Or are the economies of the two countries too “deeply intertwined” to sever?

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Ensuring your data stays protected from cybercriminals targeting MFT vendors

Axway

The concerning surge in ransomware attacks targeting Managed File Transfer (MFT) vendors, including several significant breaches that have occurred this year, is getting a lot of attention.

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