Tue.Feb 20, 2024

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Resilience by Design: The Power of Simulation in Supply Chain Strategy

Logistics Viewpoints

Supply chain network design (SCND) is a powerful tool for improving business operations. Optimization and simulation are the two main branches of SCND. Optimization accounts for over 90% of all work that is being done by SCND teams. It can be used to solve a wide variety of supply chain problems. But it has gaps. Simulation techniques can fill those gaps and allow for a more holistic view of a company’s supply chain.

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5 Models of Supply Chains: Learning from the Leaders

C3 Solutions

In a world where customer demands change as quickly as fashion trends, the supply chain is the foundation that keeps businesses standing but moving ahead. A robust supply chain model can put a business in the spotlight for their customers. The customers start realizing the benefits of supply chain excellence in many tangible and intangible ways. This distinction over the other companies can be in the form of product availability, quality, innovation, or pricing.

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Third party cookies, AI and consumer privacy – What’s new?

IT Supply Chain

By Peter Ibarra (pictured) Head of Adtech Solutions, Amperity The post Third party cookies, AI and consumer privacy – What’s new? appeared first on IT Supply Chain.

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Predictive AI vs. Generative AI in Supply Chain Management

Resilinc

Learn how Resilinc is using predictive AI and generative AI to innovate supply chain risk management. In part one of our AI in supply chain blog series, “ How is AI Revolutionizing Supply Chain Risk Management?”, we sat down with Resilinc’s Associate Vice President of Product Management, Shahzaib Khan, to learn about Resilinc’s ongoing investment in AI.

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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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How to Address Stock Loss with Process Intelligence

QAD

From my recent conversations with companies one topic is becoming increasingly prevalent — stock loss. This problem impacts the business operations of a range of industries and company types. From the automotive industry with both OEMs and Tier 1 suppliers, through to packaging companies supplying the CPG industry. Stock loss isn’t selective on item size either.

More Trending

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Head to Head: Which Service Parts Inventory Policy is Best?

The Smart Software

Our customers have usually settled into one way to manage their service parts inventory. The professor in me would like to think that the chosen inventory policy was a reasoned choice among considered alternatives, but more likely it just sort of happened. Maybe the inventory honcho from long ago had a favorite and that choice stuck. Maybe somebody used an EAM or ERP system that offered only one choice.

Policies 101
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The Supply Chain Industry: A Rewarding Career for GenZ

Supply Chain Brain

The next batch of graduates are a part of GenZ, and many facets of supply chain industry jobs are what they’re looking for in their entry level experiences.

Industry 110
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Unlocking Seamless Supply Chain Integration with No-Code Solutions

IT Supply Chain

By John Hampton (pictured) Content Writer The post Unlocking Seamless Supply Chain Integration with No-Code Solutions appeared first on IT Supply Chain.

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Gartner: Top Supply Chain Orgs Use AI at Twice the Rate of Lower-Performing Peers

Supply Chain Brain

Forty percent of the high performers surveyed said that they are using AI/ML for demand forecasting, while that figure came in at just 19% for the lower performers.

Gartner 72
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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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Is the LockBit takedown really a victory for law enforcement

IT Supply Chain

By Adam Marré (pictured) CISO, Arctic Wolf The post Is the LockBit takedown really a victory for law enforcement appeared first on IT Supply Chain.

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Boeing’s Corporate Culture Fix is a Systemic Challenge

Supply Chain Matters

In this Supply Chain Matters Editorial , Founder and Executive Editor Bob Ferrari focuses on Boeing’s ongoing corporate culture challenges. It involves and weights operational excellence and process discipline and a corporate culture focused on producing each aircraft with the utmost quality and efficiency. It should reward production and supply chain workers for their ingenuity and follow through and for contributing to achieving key operational milestones.

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The Rise of TikTok Shop as a Tier-One Marketplace

IT Supply Chain

By Sarah Znideric (pictured) VP of Global Partnerships, Linnworks The post The Rise of TikTok Shop as a Tier-One Marketplace appeared first on IT Supply Chain.

Global 100
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What is Extended Reality, and How Does It Affect Manufacturing?

OptiProERP

Digital transformation is aggressively scaling up across all sectors of the manufacturing industry. Technologies such as Artificial Intelligence, Robotics, 3D printing, Virtual Reality, and Augmented Reality are transforming the manufacturing world. In this blog, we will learn about Extended Reality (XR), which is a superset of emerging technologies, such as Augmented Reality, Virtual Reality, and Mixed Reality.

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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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Locking Out Hazards: How LOTO Procedures Keep Employees Safe

IT Supply Chain

By Richard Pearson (pictured) Content Writer The post Locking Out Hazards: How LOTO Procedures Keep Employees Safe appeared first on IT Supply Chain.

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EU Approves $7.4B in Funding for Hydrogen Supply Chain

Supply Chain Brain

The money will support 32 companies working on 33 projects along the EU’s hydrogen value chain and likely unlock over $5.81 billion in private investments.

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Supply Chain News on ATA, Cass Data from January Continue to Show Freight Weakness

Supply Chain Digest

ATA Freight Tonnage Index Falls versus Previous Year for Eleventh Straight Month

Freight 36
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S&P: Carmakers Shrug off Red Sea Disruptions

Supply Chain Brain

The current earnings reporting season indicates the impact on supply chains may not be as significant as initially feared

Report 52
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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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Automating Key Order Management Operational Decisions

Stord

Learn how an order management system can automate key operating decisions to manage DTC and B2B orders smarter, faster and cheaper.

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Composting Cardboard Boxes for a More Substantiable Future

Supply Chain 24/7

Join the sustainability movement: compost your cardboard boxes for a greener future! Convert waste into gold!

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ONE Increases Transpacific Service with Asia Pacific 1 Service

Supply Chain Brain

The inaugural sailing for AP1 service is expected to commence in late Spring, around April or May, with specific details to be announced soon.

Asia 96
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Synergy Announces Dynamic New Tech Integration Partnership at Manifest

SnapFulfil

Warehouse technology innovator, Synergy Logistics, has partnered with leading connected fulfillment solutions specialist, Techdinamics, to provide customers with integrated rate shopping and transportation management capabilities.

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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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EU Industry Calls for Green Shift Help to Rival China and U.S.

Supply Chain Brain

Over 70 business and industry leaders are urging the bloc to introduce a European Industrial Deal to boost competitiveness during the shift.

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Navigate the Unexpected: Master the Delivery Exception with MercuryGate

MercuryGate

The impacts of a delivery exception are multi-faceted and significant, affecting businesses, customers, and the environment. For the last mile, failed deliveries increase operational costs and negatively impact resource allocation for redelivery or return management. The post Navigate the Unexpected: Master the Delivery Exception with MercuryGate appeared first on MercuryGate International.

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Introducing WaveBatcher+ | Overview

Saleswarp

Warehouse teams often grapple with diverse batch strategies, delivery visualization complexities, and the need for process automation. These challenges can lead to errors that result in delayed fulfillment. Recognizing these pain points, WaveBatcher+ has been engineered to provide a comprehensive solution. Ideal for multichannel operations, this technology automates the release of orders based on individual channel needs.

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Terminal Operator Holt Logistics Being Reviewed for Anticompetitive Behavior

Supply Chain Brain

An investigator said in an email to Tri State Intermodal that the FMC was reviewing information and documents provided by truckers.

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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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Robot Association Identifies Five Key Trends for 2024

Supply Chain Digest

Here come the Humanoids

Trends 55
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Naval Escort Helps CMA CGM Ship Pass Through Red Sea Despite Recent Attacks

Supply Chain Brain

The EU announced February 19 that it plans to begin its own naval missions to protect shippers passing through the Red Sea.

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High Seas Troubles Affect Global Supply Chains, Part One: Security Risks

Enterra Insights

Recent events remind us how big the world is and how vital ocean supply lines are for the global economy. Nearly 90 per cent of global trade is carried by sea-going vessels. That means maritime shipping lies at the very heart of the global logistical system. Protecting international sea lanes is a critical responsibility for the world’s navies.