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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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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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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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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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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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.

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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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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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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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The Ultimate Guide to Transportation and Load Building Optimization

This guide delves into the critical challenges faced by today's supply chain industry and explores how optimized transportation planning can overcome obstacles to create a more efficient and streamlined supply chain.

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What Beekeeping Taught a Blue Yonder Associate About Persistence

BlueYonder

September is National Honey Month and Blue Yonder associate Fred Hoare shares his journey to becoming a beekeeper – and his lessons learned. If you love honey, you won’t want to miss reading his sweet story. At Blue Yonder we’re very fortunate to be given time off for volunteer work. This year I used some of my Volunteer Time Off (VTO)* to help my local beekeeping club run an educational stall at the local agricultural show.

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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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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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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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What Makes a Warehouse Worker Happy?

The 2024 Newcastle Systems Worker Satisfaction Survey provides insights into the life of a warehouse worker and what matters to them.

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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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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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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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Maximize Supply Chain Spend & Asset Utilization with Innovative Test Automation

Connected devices are emerging at an explosive rate exerting pressure on larger operators; however, some organizations cannot continue to purchase the latest & greatest devices without ramifications. The introduction of automated test technology drives the optimization of supply chain expenditures leveraging forward & reverse logistics paths. Adopting innovative test automation tools addresses these challenges by providing robust solutions for testing the interoperability, performance, & securit

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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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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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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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Enhance Customer Value: Unleash Your Data’s Potential

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

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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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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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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.