Mon.Aug 14, 2023

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AI in Logistics: A Sea of Potential Amidst Waves of Change

Freightos

The Superconductivity Prelude Late in July 2023, South Korean researchers made headlines with a potential discovery – now mostly debunked – of a material that enabled superconductivity at room temperature. This teased a future that could make energy cheaper, levitate trains and solve algebra problems. I dove in too. X, the platform formally known as Twitter, became instantly charged.

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Law, Trend, and Impact: Sustainability and Global Supply Chains

Talking Logistics

In a 2019 LinkedIn article, Dr. Yossi Sheffi from MIT wrote, “No self-respecting company is without a sustainability strategy, and at the center of these strategies lies the supply chain.” We’re now approaching 2024 and the focus on sustainability continues to grow, driven by many factors, including new regulations and legislation. What are the key.

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Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains

The Logistics & Supply Chain Management Society

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers. Efficiently managing these processes is vital for companies to meet customer demands, minimize costs, and maintain a competitive edge.

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5 Steps Supply Chain Planning Solutions Implementation Success

Logility

When it comes to implementing supply chain planning and operations solutions, success relies heavily upon an organization’s ability to identify and document its desired value measures and outcomes, and to align those with its solutions provider. Here are five critical practices that supply chain and business leaders should incorporate in the process of developing project goals – and avoid a painful implementation. 1 Co-develop a business case with vendors.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.

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The Connective Tissue of the Supply Chain with Bart A De Muynck

The Logistics of Logistics

Bart De Muynck and Joe Lynch discuss the connective tissue of the supply chain, which is a reference to project44. As the supply chain connective tissue, project44 operates the most trusted end-to-end visibility platform, tracking over 1 billion shipments annually for the world’s leading brands. Bart is Chief Industry Officer at project44 where he drives supply chain industry thought leadership and supports customers with their logistics and supply chain strategies.

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Book Discussion: The Magic Conveyor Belt. Supply Chains, A.I., and the Future of Work

John Galt

In this Q&A with Professor Yossi Sheffi, we delve into his book that centers on supply chains and their progression toward a future driven by AI.

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Ocean Risk Management part 2: Navigating Global Shipping Alliance

The Logistics & Supply Chain Management Society

Ocean Risk Management part 2: Navigating Global Shipping Alliance The shipping industry continues to evolve. With market swings and changing consumer demands forcing companies to adapt to stay competitive, one approach that has gained popularity in recent years is the use of Global Shipping Alliances (GSAs), which are agreements between multiple carriers to share vessels, routes, and other resources.

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Improving Last-mile Delivery Efficiency with Yard Management Systems

C3 Solutions

The ‘last mile’ is the most critical, yet challenging, leg of the supply chain journey. It is the last step before a product reaches the customers; hence, efficiency at this step significantly contributes to customer satisfaction and overall brand reputation. While historically, the last leg used to be shipments to retailers, the rapid growth of e-commerce and customers' ever-increasing expectations has meant the last-mile is now a crucial part of the delivery experience.

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The Green Corridor: Cures from the Sky! Healthcare Distribution is Driving Itself Into a More Environmentally Friendly Direction

The Logistics & Supply Chain Management Society

The Green Corridor: Cures from the Sky! Healthcare Distribution is Driving Itself Into a More Environmentally Friendly Direction by Timothy Foote, Founder of Susymbio Healthcare and saving the environment do not at first seem a natural fit. Disposable masks and tons of one-use equipment is associated with much of the medical experience we all have received.

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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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Over 40% of Supply Chain Professionals Expect Shipping Container Prices to Rise

Supply Chain Brain

Twenty-eight percent of those surveyed foresee a decline in container prices in August while another 30% think prices will remain unchanged.

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Essential Skills for Supply Chain Leaders in Asia during Pandemic

The Logistics & Supply Chain Management Society

Essential Skills for Supply Chain Leaders in Asia during Pandemic The Asian Institute of Management conducted a study across orgainsations in Asia to identify crucial skills and competencies required by supply chain managers and leaders in Asia. While most studies focus on USA and Europe, we recognised the unique challenges faced by Asian supply chains, especially during the pandemic.

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AI in the Supply Chain: Get Ready for What’s Next

Supply Chain Brain

Supply chain executives who keep up with fast-moving developments in AI will find new opportunities to transform their operations.

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Driving Visibility, Intelligence, and Agility through Supply Chain Technology on Cloud

The Logistics & Supply Chain Management Society

Driving Visibility, Intelligence, and Agility through Supply Chain Technology on Cloud Whether we are talking about healthcare, food, or fashion, the supply chains which convert the raw materials to finished goods are getting more and more complex. Regardless of the industry, increasing complexity undeniably increases opacity. The world we currently live in has become increasingly unpredictable, volatile and fast-changing.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.

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CEVA Logistics Drives Agile, Multi-leg Inbound Flows for Tech Company

Supply Chain Brain

CEVA Logistics, a global leader in third-party logistics, was contracted to help a technology company manage their complex supply chain, supporting B2B, B2C, and reverse flows across multi-leg transport.

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LogiSYM Supply Chain Magazine – August 2023

The Logistics & Supply Chain Management Society

Breaking Boundaries: Exploring Generative AI's Impact on Supply Chains Download the latest LogiSYM Supply Chain Magazine In this edition we have several news updates, interesting & enlightening articles and contributions on people & management – topics which are most crucial to the development of the Supply Chain Industry across regions as well as globally.

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The Next Supply Chain Game Change

BlueYonder

Leveraging Large Language Models to Turn Complexity into Opportunity This blog was co-written by Sai Buddhavarapu , VP, Product Management, and Angela Troccoli , Senior Product Marketing Director. Operating in today’s disruptive and complex global environment can be challenging for any supply chain. Changes in demand, unexpected supply shortages, employee absences, or extreme weather events have always required immediate action.

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Streamlining the path to SAP® S/4HANA

Supply Chain Brain

Join OpenText experts at this webinar with Supply Chain Brain to hear best practices and lessons learned from S/4HANA migration, with a special focus on B2B integration.

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Transform Your Supply Chain into a Predictive AI-Driven Knowledge System

Fragmented processes and unstructured data pose significant challenges for supply chains. This whitepaper explores how AI and predictive insights revolutionize supply chain management. By analyzing real-time data from disparate sources, these advanced systems offer actionable insights to anticipate potential issues, improve decision-making, and enhance operational efficiency.

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60 Seconds with Steve Harrington, Industry Liaison at the National Center for Supply Chain Automation

Supply Chain 24/7

Modern's editor sat down with Steve Harrington to discuss the National Center for Supply Chain Automation.

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Watch: Combining BPM and Digitization in Supply Chain Management

Supply Chain Brain

Although technology is very important, business process management is more critical to running a successful supply chain says Leo Salomons, head of value engineering for the Americas at Mavim.

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Navigating Today’s Finnish Warehouse Optimization Trends

CHAINalytics

As Finland grapples with an aging population, labor shortages and high inflation, the country’s supply chains face both obstacles and opportunities. How are these trends influencing warehouse automation and what’s the role of consultants in optimizing warehouse operations? Trends driving warehouse automation Many factors are redefining the future of warehouse operations.

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Top Five Supply Chain Strategies to Avoid Risk and Enable Sustainability

Supply Chain Brain

Is your organization ready to become a supply chain resiliency leader? Read on to find more on how to do it, and what benefits you can expect!

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How to Drive Cost Savings, Efficiency Gains, and Sustainability Wins with MES

Speaker: Nikhil Joshi, Founder & President of Snic Solutions

Is your manufacturing operation reaching its efficiency potential? A Manufacturing Execution System (MES) could be the game-changer, helping you reduce waste, cut costs, and lower your carbon footprint. Join Nikhil Joshi, Founder & President of Snic Solutions, in this value-packed webinar as he breaks down how MES can drive operational excellence and sustainability.

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Increasing supply chain security with DevSecOps

IT Supply Chain

By Usman Choudhary (pictured) Chief Product Officer, VIPRE The post Increasing supply chain security with DevSecOps appeared first on IT Supply Chain.

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Tesla's Reliance on Chinese Companies Puts It at Risk of Supply Chain Disruptions

Supply Chain Brain

Of the 61 companies that constitute Tesla’s “storage battery” category, thirty-nine percent of them were Chinese, making China the organization's biggest supplier of lithium-ion battery materials.

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The Top 5 Skills Every Procurement Manager Needs

Precoro

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. According to KPMG , a global network of professional firms providing audit, tax, and advisory services, building a dedicated procurement team helps companies achieve substantial cost savings through effective vendor and category

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Engineering Supply Chain Resilience by Reinforcing Backend Operations

Supply Chain Brain

While many OEMs are scrambling to transform their processes to achieve visibility and resilience, eMoldino, a company that helps businesses digitize their tooling production data, may have a solution to their visibility woes.

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How To Select the Right Software for Innovation Management

Finding the right innovation management software is like picking a racing bike—it's essential to consider your unique needs rather than just flashy features. This oversight can stall your innovation efforts. Download now to explore key considerations for success!

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Supply Chain News on Amazon to Mandate Emissions Reporting by Suppliers Next Year

Supply Chain Digest

Hopes to Get to Net Zero by 2040

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Five Preventive Measures to Mitigate Supply Chain Risk

Supply Chain Brain

Your customer’s shipment is on its way. But will it arrive undamaged? Or at all? Overhaul’s special report details the exact steps you need to take to ensure the security of your supply chain.

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Production Management: Definition, Tools, & Processes

Unleashed

Rising energy, labour, and material cost are increasing the cost of production and cutting into profit margins. Manufacturing operations need to implement effective production management tools and processes to reduce the cost of producing goods. This article explains the importance of production management, the key processes, and tools you can implement to minimise the cost of inputs while maximising productivity and quality.