Mon.Aug 28, 2023

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Time to Rethink Supply Chain Practices?

Talking Logistics

Over the past few years, due to the challenges created by the COVID-19 pandemic and other factors, companies have started to question or rethink certain supply chain practices. Do you believe the time has come to rethink or refine certain supply chain practices? We asked members of our Indago supply chain research community — who. Read more The post Time to Rethink Supply Chain Practices?

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Navigating Market Uncertainty with Sarah Bertram

The Logistics of Logistics

Sarah Bertram and Joe Lynch discuss navigating market uncertainty. Sarah is a Shipper Sales Manager at DAT , an online marketplace that connects shippers and carriers in the transportation industry. About Sarah Bertram Sarah Bertram is a Shipper Sales Manager at DAT. She brings almost 20 years of supply chain and benchmarking experience to DAT, where she is focused on providing actionable insights to shippers through DAT’s Benchmark Analytics and Rateview benchmarking tools.

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UPS Strike Averted While Workers Gain Heat Protection

Logistics Viewpoints

Last week, the Teamsters, one of the largest unions in the US, voted to ratify a contract with UPS. The five-year deal includes wage increases and historic new protections for working in high temperatures for UPS’s employees. UPS is the largest parcel delivery company in North America. The company generated over $100 billion in revenue in their last financial year.

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The Role of Greenfield Analysis in Modern Supply Chain Design

AIMMS

The post The Role of Greenfield Analysis in Modern Supply Chain Design appeared first on AIMMS.

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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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Trade Rep: China’s Rare Earths Dominance Can Lead to U.S. Vulnerability

Supply Chain Brain

U.S. Trade Representative Katherine Tai said that the U.S. is not where it wants to be in terms of supply chains and its reliance on China.

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Indian PM Urges Critical Minerals Leaders to View Control as a “Global Responsibility”

Supply Chain Brain

Modi added that India could build an efficient and reliable supply chain in comparison to pre-COVID-19 supplies that “broke down” when the world needed them most.

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Blue Yonder’s Analyst Workbench Arms Your Team with Actionable Data

BlueYonder

For the past few years, supply chain uncertainty has tested every company. The world’s supply chains have been stalled by challenges like labor capacity, imperfect inventory positioning, unpredictable supply, rising costs, and prolonged fulfillment times. Adding to the complexity, an increasing number of orders must be captured and fulfilled across a growing number of channels, supported by flexible delivery options.

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The Ripple Effect of Yellow’s Demise on the Supply Chain Industry

Supply Chain Brain

The financial collapse of Yellow, the third-largest less-than-truckload carrier in the U.S., will incur some challenges in the transportation world that people might not have considered.

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Why Investing In Precious Metals Is A Smart Business Move

IT Supply Chain

By Rob Jackson (pictured) Content Writer The post Why Investing In Precious Metals Is A Smart Business Move appeared first on IT Supply Chain.

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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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A New Approach to IBP Decisions during Crises

Supply Chain Trend

PREVIEW Niels van Hove writes that the limitations of the traditional Integrated Business Planning process are severely magnified during periods of significant disruption, which to many of us seems like the new normal. He argues that the standard meeting-and-decision schedule cannot provide timely strategic responses to disruption, as clearly evidenced by organizational steps during COVID.

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Global Supply Chain News on Retrofitted Cargo Ship uses Vertical Sails to Reduce Diesel Fuel Consumption

Supply Chain Digest

30 Percent Lower Fuel and CO2 is Target, as Ship Makes Maiden Voyage in Asia

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What is Cost of Sales? Definition, Formula, & Examples

Unleashed

The cost of sales is an inventory accounting metric that measures the accumulated costs in getting finished goods to market. It represents your true cost of creating and selling a product. This article will help you understand the cost of sales formula, how it can help you calculate profitability, and the steps you must take to reduce the cost of sales in your business.

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Despite a Lot of Hype, Future Looks Bright for Mobile Robots in Supply Chain, Gartner Says

Supply Chain Digest

Gartner Release Hype Cycle for Mobile Robots and Drones

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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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How a Five-Year-Old Company Helped 100-Year-Old Hostess Revolutionize Its Warehousing and Data Processes

Supply Chain Brain

Hostess has teamed up with Promethium to increase the accuracy and speed of data available regarding movement of goods in its warehouse.

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Six Demand Planning Best Practices You Should Think Twice About

The Smart Software

Every field, including forecasting, accumulates folk wisdom that eventually starts masquerading as “best practices.” These best practices are often wise, at least in part, but they often lack context and may not be appropriate for certain customers, industries, or business situations. There is often a catch, a “Yes, but”. This note is about six usually true forecasting precepts that nevertheless do have their caveats.

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Saudi Arabia Planning to Build 59 Logistics Centers by 2030

Supply Chain Brain

The Master Logistics Center Plan details the construction of 59 centers across the Kingdom that have a total area exceeding 1.07 billion square feet.

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Want to Keep Good ESG Data? Foster its Source

HICX Solutions

By Costas Xyloyiannis, CEO of HICX Where we really should turn the spotlight is towards the experience suppliers receive as they serve big manufacturing brands. What’s clear from Deloitte’s Global Chief Procurement Officer Survey 2023 is that environmental and social governance (ESG) is now firmly on the corporate agenda. This year, it leapt right up the priority list, from seventh place to second.

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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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American Airlines Fined $4.1M by DOT Over Tarmac Delays

Supply Chain Brain

Half of the $4.1 million will be credited to the airline to provide compensation for the almost 6,000 passengers impacted by the delays.

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Upgrade Your Brownfield Warehouse with Flexible Robotic Automation

Locus Robotics

By Mary Hart When you’re pondering how to improve operations in your older, brownfield warehouse, you may be tempted to just start fresh with a greenfield site. But that might not be the best, nor feasible, solution for your warehouse operations. Interact Analysis has seen a slowdown in greenfield sites, stating “Compared with 2022, there has been a 25% slowdown in the number of new warehouses being built in the US and Europe in 2023.

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Sugar Heads Toward Two-Month High on Concern Over Indian Exports

Supply Chain Brain

India has recently ramped up restrictions on rice exports as the nation tackles rising food costs before an election in 2024, prompting speculation about which commodity might be next.

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Data-driven inventory management: the secret to business success

EazyStock

In the rapidly evolving business landscape, staying ahead of the competition requires more than just good instincts – it demands data-driven decision making. When it comes to inventory management, relying on gut feelings and historical data may lead to inefficiencies, missed opportunities and incorrect inventory levels. When combined with manual inventory management processes, you increase the risk of human errors, which can culminate in stockouts and overstocking.

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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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Watch: Enabling International E-Commerce Through Technology

Supply Chain Brain

There’s a slowdown in domestic e-commerce, and brands that are ready and able to service international consumers with a premium experience have been able to offset some of that trend, says Ahmed Naiem, chief commercial officer with ESW.

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How Gen Z Is Changing Retail

Saleswarp

Generation Z, more popularly known as “Gen Z” makes up 40% of global consumers and has swiftly emerged as a transformative force, reshaping industries with their unique perspectives. Gen-Z’s tech-savvy upbringing has led to the clanging of shopping carts being replaced by the subtle clicks of keyboards and touchscreen swipes. In the retail world, where shopping once meant navigating aisles, these digital natives are propelling traditional brick-and-mortar establishments to innovate and fin

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JAGGAER and Chemwatch to Deliver Industry-Leading Chemicals Search and Management Solution

Jaggaer

An agreement has been signed to make corporate procurement even more sustainable: JAGGAER technology is now integrated with Open-es, the digital platform that connects companies, banks, associations, and institutions in a collaborative ecosystem, supporting development and growth on the dimensions of sustainability.

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Expert advice for open banking in North America – a Q&A video series

Axway

Between regulatory moves in Canada and the United States and market dynamics that have been underway for several years now, North America is moving closer to open banking adoption.

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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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Combining Deep Learning Algorithms with Augmented Reality

DELMIA Quintiq

What is deep learning? Deep learning is a sub-discipline of artificial intelligence (AI) that focuses on automatically learning relevant features from complex unstructured data. Deep neural networks are mathematical models designed to mimic the functioning of the human brain. These neural networks, characterized by their layered architecture, allow for progressive processing of the received information.