Wed.Sep 25, 2024

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Understanding the Law of Large Numberts in Supply Chain

Demand Driven Technologies

In mathematics, the law of large numbers is a fundamental principle of probability theory, which states that when a random experiment is repeated many times, the average of the results obtained converges toward the theoretical mean value (the mathematical expectation) of this experiment. Let’s keep it simple. If you roll a die once, you’ll get.

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Choosing a Career in Logistics

Talking Logistics

When talking to logistics professionals over the years, a common thread emerges – they almost all fell into this industry. In other words, they didn’t study supply chain or logistics in college, or start their careers in the field, but they eventually landed in the industry, fell in love with it, and have never looked. Read more The post Choosing a Career in Logistics appeared first on Talking Logistics with Adrian Gonzalez.

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Internet of Things (IoT): Transforming Real-Time Data Collection and Tracking for Digital Product Passports

Logistics Viewpoints

IoT: Powering the Future of Digital Product Passports The Internet of Things (IoT) continues to impact how industries track products and manage data. This network of devices enables seamless, automatic data collection from physical objects in near real-time. IoT sensors attached to products monitor various parameters such as temperature, humidity, location, and other factors critical to a product’s lifecycle.

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Inna Kuznetsova Named Recipient of 2024 Women in Supply Chain Award for Fourth Year Running

ToolsGroup

This award honors female supply chain leaders and executives whose accomplishments, mentorship and examples set a foundation for women in all levels of a company’s supply chain network. Boston—September 26, 2024 — Food Logistics , the only publication exclusively dedicated to covering the movement of product through the global cold food supply chain, and Supply & Demand Chain Executive , the only publication covering the entire global supply chain, named Inna Kuznetsova as one of the winne

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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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WiseTech Global’s Data Moat: The Future of Global Trade Intelligence

Techgistics

WiseTech Global operates in the unglamorous yet critical domain of global trade and logistics software. At first glance, their flagship product, CargoWise , might seem like just another enterprise SaaS offering. But beneath the surface lies a much more compelling narrative — one of scale, data, and untapped potential. With its vast reach, WiseTech has amassed an unrivaled dataset in the logistics industry, creating what can only be described as a “ data moat.

More Trending

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Now Is the Time to Proactively Address Supply Chain Risk Mitigation

Supply Chain Brain

Traditional supply chain risk-management strategies are based on limited and static sources of insight, and often fail to support cross-functional collaboration

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7 Steps to Create Short-Form Videos for TikTok and Instagram Reels

IT Supply Chain

By Ian Benson (pictured) Content Writer The post 7 Steps to Create Short-Form Videos for TikTok and Instagram Reels appeared first on IT Supply Chain.

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Manufacturers shift towards low-code application designers

SYSPRO Smarter ERP

No-code and low-code tools, also known as application designers, empower non developer end users to build applications and rapidly solve for immediate needs. Although not a new concept, the technology has been slow to penetrate manufacturing in part due to the age and size of the systems in use for managing these processes. This is changing and changing fast.

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Ransomware Attack causes “pretty serious disruption”

IT Supply Chain

By Dr Darren Williams (pictured) CEO & Founder, BlackFog The post Ransomware Attack causes “pretty serious disruption” 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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China Investigates U.S. Retailer Over Boycott of Xinjiang Cotton

Supply Chain Brain

PVH's supply chain guidelines detail how the retailer prohibits all direct and indirect sourcing from the Xinjiang province.

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From Data to Decisions: The Impact of Product Intelligence on Global Supply Chains

IT Supply Chain

By Rob Jackson (pictured) Content Writer The post From Data to Decisions: The Impact of Product Intelligence on Global Supply Chains appeared first on IT Supply Chain.

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Software Supply Chain Attacks To Cost The World $60B In 2025

Exiger Perspectives

Exiger provides thought leadership and expert perspectives on the compliance, risk, and governance industry through our blogs, articles & white papers.

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The Importance of Digital Analytics for Your Business

IT Supply Chain

By Richard Pearson (pictured) Content Writer The post The Importance of Digital Analytics for Your Business appeared first on IT Supply Chain.

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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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Harnessing Remote Sensing to Secure Global Food

All Things Supply Chain

With the global population expected to reach nearly 10 billion by 2050, as projected by the United Nations, and climate change threatening agricultural productivity, securing the global food supply chain…

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Too Many Consumers Still Experience Delivery Woes Despite Growth of Online Buying

IT Supply Chain

By Andrew Tavener (pictured) Head of Marketing for Fleet Solutions, Descartes Systems The post Too Many Consumers Still Experience Delivery Woes Despite Growth of Online Buying appeared first on IT Supply Chain.

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September 25, 2024 Update

Freightos

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. More Resources Home September 25, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

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Supply Chain News on Report from Robotics Group Finds Demand for Industrial Robots Soft in 2023

Supply Chain Digest

China Continues to Dominate, as US also behind Japan and Europe in Deployments

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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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FAA Audit Details Boeing's Pattern of 'Troubling Production Problems'

Supply Chain Brain

The FAA identified several instances where Boeing workers cut corners, including one mechanic who used an improvised device to measure gaps between components.

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What is an RMA and Why Does It Matter?

My Office Apps

What Is An RMA and Why Does It Matter? If you’ve ever returned a product, you’ve probably encountered an RMA number. But what exactly is it, and why is it so important for businesses and customers alike? An RMA (Return Merchandise Authorization) is a system that allows customers to return products in a structured way, ensuring everything runs smoothly.

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Arbitration Board Rules in Favor of U.S. Steel's Sale to Japanese Manufacturer

Supply Chain Brain

Nippon has promised to invest $1.4 billion in facilities with USW representation, and not conduct layoffs while the union's existing labor deal remains in place.

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15 best practices for M&A and refinancing transactions

Taulia

15 best practices for M&A and refinancing transactions Corporate treasurers have a key role to play in facilitating mergers and acquisitions (M&A) and spearheading refinancing activity. But complex financial transactions can be tricky to navigate, regardless of whether the business environment is calm, volatile or anything in between. Achieving the best possible execution requires strategic planning and detailed preparation, from engaging stakeholders early to ensuring that appropriate h

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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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Data Modernization for Manufacturing

Bristlecone

Explore how data modernization in manufacturing enhances efficiency, reduces costs, and improves decision-making by integrating IT and OT systems.

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Labor Strike Among Canada’s West Coast Grain Terminal Workers

Supply Chain Matters

Increased labor activism continues to impact Canada’s transport sector as grain terminal workers within the country’s major west coast port have walked off the job. The Wall Street Journal reported ( Paid subscription ) that members of Grain Workers Union Local 333 went on strike Tuesday after talks with the Vancouver Terminal Elevators’ Association broke down last week.

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Biden Administration Presses Freight Railroads to Offer More Paid Sick Days

Supply Chain Brain

Over the past two years, the share of Class I freight railroad employees who are provided paid sick days surged from 5% to 90%.

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Creating Net Efficiency in the Supply Chain Through a Supplier Experience Lens

HICX Solutions

The Supplier Experience Live 2023 event was closed by Costas Xyloyiannis , CEO of HICX , who provided his view on where the supplier experience journey will take us next, the impact that technology will have, and why its impact will need out-of-the-box thinking in order to create net efficiency gains. This article will cover:  Why technology is creating inefficiency within the supply chain What does “net efficiency” in the supply chain mean?

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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.