Thu.Jan 04, 2024

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[Editor’s Pick] 2024 Freight Planning: 5 Leading-edge Strategies for a Productive Supply Chain

Talking Logistics

Note: Today’s post is part of our “Editor’s Pick” series where we highlight posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This recent post from Uber Freight’s blog highlights five strategies to enable a productive supply chain in 2024 and beyond.

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Supply Chains in the 5G Era: A Paradigm Shift in Connectivity

Supply Chain Brain

The combination of low latency, high bandwidth, massive device connectivity, reliability, and other factors makes 5G technology well-suited for various automation and virtual-enabled technologies across industries.

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Happening Now: Optimism for Manufacturing in 2024

West Coast and California Logistics

According to Supply Chain Dive , the US manufacturing industry ended 2023 with growing optimism for a 2024 rebound. Both the ISM and S&P Global PMI indices pointed to rising business optimism and increased investment in advertising. While inflation remains a concern, cost increases are slowing down, suggesting subdued industrial price pressures.

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Why MRO Businesses Should Care about Excess Inventory

The Smart Software

Do MRO companies genuinely prioritize reducing excess spare parts inventory? From an organizational standpoint, our experience suggests not necessarily. Boardroom discussions typically revolve around expanding fleets, acquiring new customers, meeting service level agreements (SLAs), modernizing infrastructure, and maximizing uptime. In industries where assets supported by spare parts cost hundreds of millions or generate significant revenue (e.g., mining or oil & gas), the value of the inve

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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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HMM Launches Supply Chain Carbon Calculator

Supply Chain Brain

HMM announced that it had developed its Supply Chain Carbon Calculator January 3, allowing cargo owners to better manage the carbon footprints of ships, trains and trucks.

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Bottlenecks in Manufacturing – How to Solve Them in 2024?

ThroughPut

Embark on an enlightening expedition into manufacturing process enhancement, where the thin line between triumph and defeat often hinges on a singular juncture within the production sequence. This guide will take you on a journey through the fascinating and sometimes frustrating world of bottlenecks in manufacturing. By the end of this guide, you’ll have a comprehensive understanding of what bottlenecks are, what causes them, how to solve them, and how to prevent them from happening in the

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Product Sourcing: The Complete Guide for Retail & eCommerce

Unleashed

Where you buy your products from and how you find those suppliers largely determines your ceiling for success as an eCommerce merchant or retailer. Product sourcing, done the right way, can set your business up with the foundations needed for achieving maximum sales. This guide will explain how product sourcing works in modern business, best practices for finding suppliers, and list some of the most popular websites and tools for sourcing goods to sell.

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How To Master Workforce Scheduling Effectively?

IT Supply Chain

By Dwight J. Lawrence (pictured) Content Writer The post How To Master Workforce Scheduling Effectively? appeared first on IT Supply Chain.

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In the Quantum Computing Waiting Room

Enterra Insights

During the 2014 NBA draft, ESPN analyst Fran Fraschilla famously said about Brazilian draftee Bruno Caboclo, “He’s two years away from being two years away.” Borrowing from Fraschilla, one could easily say, “Quantum computing is two years away from being two years away.” Astrophysicist Adam Frank explains, “From breathless media accounts, many people assume that quantum computing machines are just around the corner.

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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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Supply Chain Graphic of the Week on Are ChineseTemu anid Shein a Threat to Amazon

Supply Chain Digest

US eCommerce Giant should Watch Out

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How to Handle Post-Holiday Returns with Warehouse Automation

Locus Robotics

By Mary Hart The holiday peak frenzy finally winds down by January, but warehouses face yet another monumental challenge – the influx of returns. According to the National Retail Federation , over 16% of holiday purchases get returned, tallying up to a whopping $743 billion in merchandise yearly. For every $1 billion in sales, the average retailer incurs $145 million in merchandise returns, which translates to one in every 6.5 items purchased being returned.

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Commercial Suez Canal Traffic Down Almost 60% Since Houthi Attacks Began

Supply Chain Brain

An estimated 181 vessels that were originally supposed to travel through the Suez Canal have been rerouted around Africa since the Houthi attacks began.

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How is FIFO Playing a Significant Role in Enhancing Last Mile Delivery Operations in the QSR Sector

Loginext

With the surge in online orders, ensuring that customers receive their orders promptly and in pristine condition has become a paramount concern for QSR establishments. Get insights on how FIFO plays a significant role in enhancing last mile delivery operations in the QSR industry. The post How is FIFO Playing a Significant Role in Enhancing Last Mile Delivery Operations in the QSR Sector appeared first on loginextsolutions.com.

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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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Chinese Miner Takes Glencore’s Cobalt Crown as Output Jumps 170%

Supply Chain Brain

CMOC’s copper output also jumped by 51% to 419,539 tons, establishing it as one of the world’s top producers at a time when many miners are struggling to boost output.

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Benefits of Real Time Information in Logistics

Promptus LLC

As we begin a new year and leave behind the repercussions on the Covid-19 crisis we continue to rethink what we learned and focus on in strengthening and improving the use of those tools that allowed us to maintain the cargo moving and our customers informed of the status of their shipments. Today’s logistics companies […] The post Benefits of Real Time Information in Logistics appeared first on Promptus LLC.

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U.S.-led Military Coalition Issues Final Warning to Houthis

Supply Chain Brain

Some potential targets of the coalition's attacks could include launchers for anti-ship missiles and drones as well as storage facilities for ammunition.

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Cargobot Announces European Expansion Plan

Supply Chain Brain

Cargobot said that it will first launch its operations in Spain before expanding to multiple other countries in the EU.

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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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Podcast | Got a Product Recall? Call Procurement

Supply Chain Brain

Procurement used to be tasked with a clear and basic mission: Sign up the best suppliers at the cheapest price. Not anymore.

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Biden Administration Pledges $162M to Expand Domestic Chip Factories

Supply Chain Brain

$90 million will be used to improve a plant in Colorado Springs, Colorado, while the other $72 million will go towards expanding a factory located in Gresham, Oregon.