Tue.Jul 18, 2023

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Three Ways Generative AI will Empower Supply Chain Decision Making  

Logility

AI, Artificial Intelligence, is a word being thrown around these days to garner attention with little regard for if the usage is accurate. The true trending conversation is deeper and specific to Generative AI. But what does Generative AI really mean, especially for Supply Chain Planning? Let’s start at the foundation of artificial intelligence. AI is a computer algorithm that behaves like biological intelligence based on historical data and information.

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ToolsGroup and Optilon Celebrate 15 Years (and Counting) of Partnership and Supply Chain Delivery Excellence

ToolsGroup

Over 60 companies have benefited from the close collaboration and supply chain expertise of these two industry powerhouses – who show no signs of slowing down. BOSTON and STOCKHOLM – July 18, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, and Optilon, the leading supply chain solution consulting organization in the Nordics, are proud to celebrate 15 years of partnership, collaboration, and delivery excellence in the realm of supply chain managem

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Why Planning Forecasts Are Wrong and What You Can Do About It

Arkieva

Predicting the future is difficult, yet forecasting remains a critical tool for businesses to plan and prepare for what lies ahead. Why Planning Forecasts Are Wrong and What You Can Do About It was first posted on July 18, 2023 at 10:06 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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Water is as Important to Some Industries as Electricity

Enterra Insights

In Samuel Taylor Coleridge’s “ The Rime of the Ancient Mariner ,” the bard describes the distress of mariners floating upon a windless ocean under a withering sun and running out of supplies (including water). One of the most famous stanzas from that poem is: Water, water, everywhere, And all the boards did shrink; Water, water, everywhere, Nor any drop to drink.

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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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Prepare for the Future of Manufacturing Today with an Adaptive ERP

QAD

Change is coming whether we like it or not, and it’s usually something I welcome in manufacturing. It’s the reason our industry can transform raw materials into 30,000 different components and piece them together to make a modern vehicle. New technologies, complex processes and mankind’s incredible ability to solve problems have led to countless innovations that make our everyday lives richer, but there’s no denying that change also has a downside.

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Importance of Contract Management in Achieving Value for Money in the Procurement System

SCMDOJO

Contract management plays a crucial role in the procurement process, as it helps ensure compliance, mitigate risks, and optimize supplier relationships. By effectively managing contracts, organizations can maximize the value of their procurement activities and minimize potential issues. In this guide, we will explore the key benefits and importance of contract management in procurement and provide insights on how to implement effective practices.

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Near-sourcing drives need for flexible space

IT Supply Chain

By Steve Purvis (pictured) Managing Director, Bis Henderson Space The post Near-sourcing drives need for flexible space appeared first on IT Supply Chain.

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Watch: How Chief Supply Chain Officers Bring Competitive Advantage to Business

Supply Chain Brain

Pierfrancesco Manenti, Gartner vice president analyst, says "commercial innovation" refers to the efficiencies that chief supply chain officers bring to the provider and to the customer.

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Why You Should Look Into the AI Black Box

BlueYonder

As retailers invest in their commerce transformations and put their trust in the power of artificial intelligence (AI), they need to ensure their whole organization is aligned to make the best use of it. Historically, the decisions and logic of AI has been somewhat of a mystery to the stakeholders and those who are putting trust in AI. When the “black box” is turned into glass box, an organization gains confidence and clarity.

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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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Inflation is Inflicting Pain on Supply Chains. Here’s How to Ease It.

Supply Chain Brain

As inflation lingers, the tough times for the freight industry are likely to continue. But shippers and carriers have the power to combat rising costs.

How To 98
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Why Should You Review Your Distribution Network?

Logistics Bureau

There are things that make your distribution no longer efficient. If you haven’t looked at your distribution in the last 5 years or so. I urge you to review it! Watch the video below to find out why! Related articles on this topic have appeared throughout our website, check them out: How to Operate Your Distribution Truck Fleet at Less Cost The 7 Principles of Warehouse and Distribution Centre Design 7 “Costequences” of Distribution Network Misalignment Do You Know the Signs of Poor Distri

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PFAS Lawsuits and Legislation: Supply Chain Impact

Resilinc

As waves of lawsuits are filed against PFAS manufacturers like 3M and DuPont, businesses and consumers are raising questions about safety and health concerns. For decades PFAS chemicals have not only found their way into everyday home products, from skincare to clothes and cookware to carpet, but also into drinking water for entire cities. There’s another place where PFAS can be found, too—our supply chains.

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Report- Hewlett Packard Modifying Global Sourcing Strategy

Supply Chain Matters

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. Background Within our research arm’s January 2023 published advisory, 2023 Predictions for Industry and Global Supply Chains ( available for complimentary download in our Research Center ) , we included a prediction that manufacturers would seek more direct control and added resiliency of their component or outsourced prod

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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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Supply Chain News on Annual Deloitte CPO Survey Finds Orchestrators of Value have Big Performance Edge

Supply Chain Digest

What Tactics do CPOs Think Drive the Most Value

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Tecsys Names Vito Calabretta as Chief Customer Officer

Tecsys

Calabretta’s appointment is in support of Tecsys’ expanding commitment to customer success and customer lifetime value.

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Costa Rica Forms Semiconductor Partnership with the U.S.

Supply Chain Brain

The U.S. Department of State said the two countries will explore opportunities to diversify and expand the global semiconductor market.

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VIDEO: Custom Packaging is Key to Success for Skincare Company, Seacret

Amware Logistics and Fulfillment

Seacret is a direct sales company that markets premium skincare products made from ingredients from the Dead Sea. Check out this short video to see how Amware Fulfillment’s custom packaging services help deliver products to Seacret customers in pristine condition – every time.

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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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Teamsters Head Asks White House to Not Interfere in Potential UPS Strike

Supply Chain Brain

During a July 16 webcast, Teamsters president Sean O’Brien said that he asked the White House to stay away on numerous occasions.

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[VIDEO] LabCentral Powers Scientific Achievement Through Procurement

Jaggaer

Watch this video to see how Tealbook and JAGGAER are partnering together to deliver AI-powered, automated supplier data.

Video 52
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Amazon Reports First Drop in Its Greenhouse Gas Emissions

Supply Chain Brain

In a sustainability report, the company said its carbon emissions fell by 0.4% from 71.54 million metric tons in 2021 to 71.27 million metric tons in 2022.

Report 98
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5 Compelling Reasons for Retailers to Choose a Composable Order Management System

Tecsys

Here are five compelling reasons why a retail organization should consider a composable order management system as part of their digital transformation project.

Retail 52
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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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U.K. Set to Win Battle for Electric Jaguar and Land Rover Battery Plant

Supply Chain Brain

Tata previously considered building its battery site in Spain, but a decision favoring the U.K. will help to secure the future of JLR’s plants in its traditional home market.

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Final Mile Logistics Landscape: Meeting Modern Demands for Service

MercuryGate

In the evolving world of logistics and transportation, change is the only constant. Navigating the complex final mile logistics landscape requires a keen understanding of relationships, an ongoing commitment to transparency and visibility, and the ability to adapt to increasingly high service expectations. The post Final Mile Logistics Landscape: Meeting Modern Demands for Service appeared first on MercuryGate International.

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Global Logistics Market to Exceed $16T by 2032, Study Finds

Supply Chain Brain

The global logistics industry generated $9.83 trillion in 2022, meaning the sector will experience a compound annual growth rate (CAGR) of 5.6% from 2023 to 2032.

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Oilfield Services (OFS) Market in 2023 and Beyond

Maine Pointe

Explore the challenges and opportunities in the 2023 oilfield services market. Learn strategies to navigate headwinds and maximize tailwinds for success.

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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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How AI Transforms your writing Skills

IT Supply Chain

By Judd Trump (pictured) Professional Content Writer The post How AI Transforms your writing Skills appeared first on IT Supply Chain.