Mon.Feb 12, 2024

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The Forecasting Process for Decision-Makers

The Smart Software

In almost every business and industry, decision-makers need reliable forecasts of critical variables, such as sales, revenues, product demand, inventory levels, market share, expenses, and industry trends.Many kinds of people make these forecasts. Some are sophisticated technical analysts such as business economists and statisticians. Many others regard forecasting as an important part of their overall work: general managers, production planners, inventory control specialists, financial analysts

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5G Holds Great Promise Across the Supply Chain, but Challenges Remain

Logistics Viewpoints

5G promises high bandwidth, low latency, and massive IoT device connectivity. For industry, the ability to better connect machines, objects, and devices is what is driving excitement for this technology. Patrick Arnold, a research analyst at ARC Advisory Group, says that suppliers of industrial solutions are responding by investing in new product design and incorporating 5G into their portfolios. “5G” is the 5th generation mobile network.

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Learn from the Experts: Three Best Practices of Leading LSPs

BlueYonder

As I discussed in a previous blog , more retailers and manufacturers are turning to logistics services providers (LSPs) to manage their growing warehousing and transportation challenges — including rising costs, shrinking margins, labor shortages, and increasing customer demands. By applying advanced technologies and associated best practices to optimize operations, LSPs are helping retailers and manufacturers achieve a faster, higher return on their logistics investments.

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Top telecoms trends

IT Supply Chain

By Hamish White (pictured) Founder & CEO, Mobilise The post Top telecoms trends 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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Audi India Says Red Sea Crisis Impacting Automotive Supply Chains

Supply Chain Brain

Balbir Singh Dhillon, the head of Audi India, said that the Red Sea situation is impacting the German carmaker’s deliveries to customers in India.

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More Trending

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Coping with congestion

IT Supply Chain

By Walter Magiera (pictured) Chief Commercial Officer at Filtronic The post Coping with congestion appeared first on IT Supply Chain.

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Prediction- Added Labor Activism Among Industry Supply Chains

Supply Chain Matters

The Ferrari Consulting and Research Group highlights a 2024 prediction of added labor activism continuing across industry supply chains in 2024. Such activism is manifested not only in labor contract actions or strike actions, but on increasing concerns on the part of a broader swarth of workers relative to job security and a more equitable sharing of the financial benefits of employers.

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Enterprise security tips for manufacturers Part 1

SYSPRO Smarter ERP

Many organizations are struggling to keep up with the changing security landscape. There is no time to relax as new threats are constantly appearing. The pace and scale at which security challenges intensify will only expand the threat landscape, and new technologies being adopted bring their own vulnerabilities. The manufacturing industry is not immune from these threats.

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Improving Planner Productivity

Adexa

Improving Planner Productivity So called autonomous supply chain planning is all about improving planner productivity. Will the day come when a system can perform all your planning functions and respond to events without human intervention, just the way you want it? Yes, but not soon. Automation simply helps to improve productivity, and in most cases relieves humans from laborious and repetitive tasks that require either little thought or involve some complex mathematical calculation with thousa

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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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Future Insights Network Partners with SupplyChain Brain for TFEST24

Supply Chain Brain

SupplyChainBrain has announced a partnership with TFEST24, the premier gathering of 1000+ senior supply chain, procurement, IT and sustainability professionals, taking place at the Colosseum Kino in Berlin from November 11 to 13, 2024.

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SAP Announces Supervisory Board Leadership Change

Supply Chain Matters

In what will likely be considered as a sudden and likely unexpected development, SAP SE announced yesterday a significant change in this technology provider’s overall management and investor oversight structure. The Announcement The Supervisory Board of SAP SE has reportedly nominated Mr. Pekka Ala-Pietilä to stand for election as a new member of the Supervisory Board.

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Inventory Carrying Cost: Formula, Definition & How to Calculate

Unleashed

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. With a simple calculation, you can understand what it costs to store and maintain goods. This number can then be used as a benchmark for continual improvement, supporting sustainable business growth.

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Demystifying MRO Inventory Optimization

Synovos

Demystifying MRO Inventory Optimization The goal of MRO inventory optimization is to utilize the products and materials held on or across sites as effectively as possible. Ensuring that you have what you need available when required helps eliminate excess stock and reduce inventory carrying costs. How do you achieve this? By using data to make decisions and develop strategies about how much is the right amount of inventory for your organization.

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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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A 2024 Outlook into the Future of Retail Promotions

Cognira

A 2024 Outlook into the Future of Retail Promotions February 12, 2024 Promotions Home As we step into 2024, the retail landscape is undergoing significant transformations, with technology, data, and customer expectations playing pivotal roles. The future of retail promotions is being shaped by innovative advancements, particularly in the field of artificial intelligence (AI).

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Supply Chain News on A Look at Amazon Q4 and Full Year Results

Supply Chain Digest

OnLine Store Sales back to Growth Mode in Fourth Quarter

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The Flexible, Digital Future of Supply Chains

FLEXE

Digitizing the supply chain is a critical—and highly challenging—strategy for enterprises.

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Supply Chain News on Despite some Respite in LA, Train and Other Cargo Theft Keeps Rising

Supply Chain Digest

More Attention Paid to Brazen Retail Thefts, while Cargo Thieves Haul in Much more Loot

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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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Level Up Your Freight Brokerage with Kary Jablonski

The Logistics of Logistics

Kary Jablonski and Joe Lynch discuss how to level up your freight brokerage. Kary is the CEO of Trucker Tools , the leading carrier relationship management platform that helps brokers grow their carrier network, book loads digitally, track freight, and build enduring relationships with carriers to drive reuse. About Kary Jablonski Kary Jablonski is Trucker Tools’ CEO and is passionate about building great teams that underpin any successful business.

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A Look Ahead: The Top 3 2024 Predictions for Third-Party Risk Management

Supply Chain Brain

By leveraging advanced and predictive analytics, organizations will be able to identify potential disruptions before they materialize.

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Overcome Retail Warehouse Automation Anxiety with Robots

Locus Robotics

Home February 12, 2024 Overcome Retail Warehouse Automation Anxiety with Robots Mary Hart , Senior Content Marketing Manager “We’re thinking of adding robotics to our retail warehouse, but I’m worried about the change. What if the technology is too complex? How will my team react? Can we really handle such a big transition? I just want it to work…” Our retail sales executives hear statements just like this from anxious warehouse managers all the time.

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New Technology Is Driving a North American Auto Manufacturing Renaissance

Supply Chain Brain

Between now and 2030, North American automakers have the potential to leverage new processes and practices to reduce their production costs while reimagining a traditional domestic industry

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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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Overcome Retail Warehouse Automation Anxiety with Robots

Locus Robotics

Home February 12, 2024 Overcome Retail Warehouse Automation Anxiety with Robots Mary Hart , Senior Content Marketing Manager “We’re thinking of adding robotics to our retail warehouse, but I’m worried about the change. What if the technology is too complex? How will my team react? Can we really handle such a big transition? I just want it to work…” Our retail sales executives hear statements just like this from anxious warehouse managers all the time.

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Québec Surgical Equipment Shortage Could Delay Some Heart Surgeries

Supply Chain Brain

Dr. Louis Perrault, the president of the Québec Association of Cardiovascular and Thoracic Surgeons, said that the province has established a contingency plan if the situation worsens.

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Overcome Retail Warehouse Automation Anxiety with Robots

Locus Robotics

By Mary Hart “We’re thinking of adding robotics to our retail warehouse, but I’m worried about the change. What if the technology is too complex? How will my team react? Can we really handle such a big transition? I just want it to work…” Our retail sales executives hear statements just like this from anxious warehouse managers all the time. I understand that transforming your warehouse operations from manual processes to automated can be scary if you don’t know much about it.

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QatarEnergy Picks Nakilat to Own and Operate up to 25 Newbuild LNG Ships

Supply Chain Brain

The carriers, each with a capacity of 45.96 million gallons, will be wholly owned by Nakilat and chartered out to affiliates of QatarEnergy.

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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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Gartner® Report: Key Factors to Evaluate in Distribution Center Site Selection

FLEXE

Gartner® describes how the location and role of distribution and warehousing sites impact operating costs, service levels and business risks

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Glencore Seeks Buyer for Troubled New Caledonia Nickel Mine

Supply Chain Brain

The world’s top commodity trader will seek to sell its 49% stake in Koniambo Nickel SAS, according to a statement from KNS.

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Transloading 101: Logistics Guide to Understanding This Essential Shipping Process

ShipBob

When it comes to the long-distance transfer of goods, you probably want the best of both worlds: economical rail transport and flexible over-the-road trucking. With transloading, you get just that. Transloading involves completing the transit with unloading of goods from rail cars and loading them onto trucks or vice versa. At a time when cross-border commerce and shipping are booming, using multiple means of transport can complicate your operations and require the implementation of sophisticate