Wed.Sep 04, 2024

article thumbnail

The Hidden Costs of Poor Inventory Management: How Much Are You Really Losing?

ToolsGroup

In the fast-paced world of retail, every decision counts—especially those related to inventory management. Yet, many retailers underestimate the true cost of doing it poorly. From stockouts to overstocks, these issues can silently erode profits, damaging your bottom line in ways you might not even realize. So, how much are you really losing? The Financial Impact of Stockouts When a customer walks into your store or visits your website and can’t find the product they’re looking fo

article thumbnail

How Blockchain Technology Powers the Foundation of Digital Product Passports

Logistics Viewpoints

One promising application that is emerging in the Supply Chain and Sustainability space is Digital Product Passports (DPPs). Driven by regulations and a thirst for data transparency. Blockchain can serve as the backbone for tracking and managing product information throughout its entire lifecycle. The potential to provide reliable, tamper-resistant data across supply chains is driving interest from various sectors, including pharmaceuticals, electronics, and food production.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Digital Supply Chain Transformation: Keys to Success

Arkieva

Discover strategies for successful digital supply chain transformation. Learn how to focus on people, processes, and technology to overcome common challenges. Digital Supply Chain Transformation: Keys to Success was first posted on September 4, 2024 at 8:49 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

article thumbnail

Harnessing AI for Supply Chain Resilience in Extreme Conditions

Supply Chain Brain

To ensure that their supply chains are resilient and capable of handling disruptions, organizations must take proactive measures supported by artificial intelligence.

article thumbnail

The Ultimate Guide to Transportation and Load Building Optimization

This guide delves into the critical challenges faced by today's supply chain industry and explores how optimized transportation planning can overcome obstacles to create a more efficient and streamlined supply chain.

article thumbnail

7 Reasons Why Automated Webinars Are the Future of Online Marketing

IT Supply Chain

By Rob Jackson (pictured) Content Writer The post 7 Reasons Why Automated Webinars Are the Future of Online Marketing appeared first on IT Supply Chain.

More Trending

article thumbnail

7 Steps To Accurately Determine TCO In ECommerce

IT Supply Chain

By John Hampton (pictured) Content Writer The post 7 Steps To Accurately Determine TCO In ECommerce appeared first on IT Supply Chain.

article thumbnail

Simplifying ERP Complexity for Better Supply Chain Control

Demand Driven Technologies

ERP systems are not renowned for their simplicity. With the overwhelming ERP system complexity, there is a lot of technical data and parameters to maintain. Planners are often lost or dependent on data maintained by other remote teams. They have no way of ensuring that the system’s recommendations are correct. Usually, they end up calculating.

article thumbnail

When Resiliency Fails, Embrace Chaos

John Galt

Learn all about advanced scenario planning to build supply chain antifragility and transform uncertainty into opportunity and value.

article thumbnail

Global Manufacturing Levels Contract Again in August 2024

Supply Chain Matters

Supply Chain Matters provides readers with a further installment in our global supply chain assessment series, specifically in providing highlights on reported August 2024 global wide PMI activity levels. The August data further reinforces indications of a global manufacturing slowdown. Product demand levels remain essentially focused on domestic market needs.

article thumbnail

What Makes a Warehouse Worker Happy?

The 2024 Newcastle Systems Worker Satisfaction Survey provides insights into the life of a warehouse worker and what matters to them.

article thumbnail

ILA Says Negotiating Parties are 'Very Far Apart' Ahead of Port Strike Deadline

Supply Chain Brain

The ILA is wrapping up a two-day "marathon" of meetings, where it's preparing its members for the possibility of an impending work stoppage.

Meeting 90
article thumbnail

Another SAP SE Senior Executive Departure

Supply Chain Matters

Cloud based ERP and supply chain technology provider SAP SE has announced another Executive Board level executive departure. In an announcement released yesterday , Chief Technology Officer and Executive Board Member Dr.-Ing. Juergen Mueller will leave the company’s Executive Board , effective at the end of September. In the release the following statement was provided by Mueller: “ I want to address an incident at a past company event where my behavior was inappropriate.

SAP 52
article thumbnail

Amazon to Give U.K. Warehouse Workers 10% Raise

Supply Chain Brain

This comes more than a month after Amazon beat back an organized labor push from workers at the company's Coventry warehouse by a 28-ballot margin.

article thumbnail

Last Mile Delivery Software: Explore Your ROI

Loginext

Learn how advanced Last Mile Delivery Software reduces costs, enhances productivity, and improves customer satisfaction. Explore the financial and operational ROI of implementing these cutting-edge solutions. The post Last Mile Delivery Software: Explore Your ROI appeared first on loginextsolutions.com.

article thumbnail

Maximize Supply Chain Spend & Asset Utilization with Innovative Test Automation

Connected devices are emerging at an explosive rate exerting pressure on larger operators; however, some organizations cannot continue to purchase the latest & greatest devices without ramifications. The introduction of automated test technology drives the optimization of supply chain expenditures leveraging forward & reverse logistics paths. Adopting innovative test automation tools addresses these challenges by providing robust solutions for testing the interoperability, performance, & securit

article thumbnail

EU Responders Say it's Unsafe to Tow Burning Oil Tanker in Red Sea

Supply Chain Brain

Oil has yet to leak out of the vessel, but U.S. military leaders estimate that the Sounion could spill four times as much oil as the Exxon Valdez.

article thumbnail

How NVIDIA’s AI-Driven Order Management Propelled 239% Stock Growth

Supply Chain 24/7

2023 Case Study: NVIDIA’s AI-driven order management system, powered by Esker, reduced order processing time by 98% and played a crucial role in the company's 239% stock growth in 2023, showcasing the transformational impact of AI automation on business scalability and efficiency.

article thumbnail

Global Goods Trade Recovery Extends Into Third Quarter, WTO Says

Supply Chain Brain

The WTO’s goods barometer increased to 103 compared with a reading of 100.6 in March, the Geneva-based organization said in a new report.

Global 69
article thumbnail

August PMI from ISM finds US Manufacturing was in Contraction for 21st out of Last 22 Months

Supply Chain Digest

Most Other Measures also Negative

article thumbnail

Provide Real Value in Your Applications with Data and Analytics

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

article thumbnail

Zumiez Success Story

Saleswarp

52
article thumbnail

Flat-Rate Shipping: A Comparison with Freightera’s Pricing Models

Freightera

article thumbnail

Beyond Dependence: The Power of Supply Chain Diversification

Exiger Perspectives

Beyond Dependence: The Power of Supply Chain Diversification September 4, 2024 Article Table of Contents Introduction In today’s globalized market, supply chain diversification has emerged as a vital strategy for businesses. The concept of supply chain diversification involves reducing reliance on a single supply source and tapping into different market opportunities and technologies to enhance competitiveness.

article thumbnail

Is “Price Gouging” by Grocery Stores and Food Producers Really Going On?

NC State SCRC

It’s election season, and the accusations are flying! The price consumers are paying for food is one of the most controversial issues during this election season. Both sides are making different claims. The Trump campaign claims that inflation has never been higher during the Biden/Harris Administration, and that the federal government is to blame for it.

Food 98
article thumbnail

The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene