Wed.Apr 24, 2024

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Körber Elevate 2024: Chart Your Course

Logistics Viewpoints

I am coming to you from the sunny confines of San Diego, CA where I am attending the 2024 Körber Elevate conference. This is my first time attending Körber Elevate, and it did not disappoint, with over 800 attendees, 60 thought provoking sessions, and lots of networking and learning opportunities. The theme this year was “Chart Your Course” which Richard Stewart, EVP Americas at Körber Supply Chain pointed out, is all about overcoming supply chain complexities and challenges.

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ToolsGroup Launches PromoAI, a Revolutionary New Retail Promotions Optimization Solution 

ToolsGroup

Retailers can now ensure higher profitability by maximizing the ROI from each in-season retail promotion through advanced AI optimization Boston, MA and London, UK — April 24, 2024 — ToolsGroup , a global leader in retail and supply chain planning and optimizationsoftware, today announced the launch of their PromoAI Solution, a new promotions optimization solution in the greater JustEnough retail planning and execution suite.

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Stop Food Waste Day 2024

Enterra Insights

An unimaginable amount of food is wasted every year. According to the staff at Recycle Track Systems (RTS), “The world wastes about 2.5 billion tons of food every year.”[1] Would it surprise you to learn that America is the world’s worst offender? The RTS staff reports, “The United States discards more food than any other country in the world: nearly 60 million tons — 120 billion pounds — every year.

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Reinventing Defensive Supply Chain Risk With AI

Supply Chain Brain

Moving from risk-reduction mode (defense) to opportunity-creation mode (offense) requires a mindset change and more advanced processes, technologies and talent.

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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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7 Ways AI Can Impact Your Supply Chain and Logistics Operations

Stord

It seems everywhere you look you see AI. There are 70,717 AI startups and counting. AI chatbots are everywhere. And there’s even AI in refrigerators. Love it or fear it, Artificial Intelligence appears to be the new normal in everything, including supply chain and logistics operations. In this post, Stord’s team of supply chain experts shares insights and predictions to help you prepare for AI’s impact on logistics and how high volume e-commerce, DTC and B2B brands can be prepared to capitalize

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Watch: Challenges in Today’s Supply Chains — and How Technology Can Help

Supply Chain Brain

Technology, including AI, offers help with almost all challenges in today's supply chains. But it's important to separate hype from reality, says Amin Sikander, president of Synkrato.

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Change Healthcare admits to paying ransom

IT Supply Chain

By Darren Williams (pictured) CEO & Founder, Blackfog The post Change Healthcare admits to paying ransom appeared first on IT Supply Chain.

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Gartner Warns 'Real Risk' Supply Chain Leaders Could Misuse GenAI

Supply Chain Brain

Gartner's report warns that a focus on using GenAI to cut down on labor costs could alienate supply chain workers.

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5 Innovative Ways to Use Data Science in eCommerce

IT Supply Chain

By Rob Jackson (pictured) Content Writer The post 5 Innovative Ways to Use Data Science in eCommerce 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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How “Just in Time Delivery” Becomes a Superhero with Supply Chain Visibility Software

Loginext

Dive into the world of JIT delivery and LogiNext's supply chain visibility software solution! Learn how they work together to make businesses run smoother, reduce waste, and keep customers happy. The post How “Just in Time Delivery” Becomes a Superhero with Supply Chain Visibility Software appeared first on loginextsolutions.com.

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The good, the bad & the future of generative AI

IT Supply Chain

By Stephen Hayes (pictured) Managing Director, Beckhoff UK The post The good, the bad & the future of generative AI appeared first on IT Supply Chain.

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inNOWvate Supply Chain Event in Amsterdam

DiManEx

Come meet us at the Tech Area! Contact for a meetup at inNOWvate Supply Chain Event in Amsterdam ! The post inNOWvate Supply Chain Event in Amsterdam appeared first on DiManEx.

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Elevating Outdoor Aesthetics: Exploring the Beauty and Functionality of Cedar Brackets

IT Supply Chain

By Mike Bronson (pictured) Content Writer The post Elevating Outdoor Aesthetics: Exploring the Beauty and Functionality of Cedar Brackets 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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Supply Chain by the Numbers for April 25, 2024

Supply Chain Digest

UAW Finally Wins Big Union Vote at VW. Euro Companies could be Liable for Extended Supply Chains. US Manfacturing Up in March after Long Flat Period.

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Unlock Your Future: The Hottest Entry-Level IT Jobs for Recent Grads & Career Changers

IT Supply Chain

By Richard Pearson (pictured) Content Writer The post Unlock Your Future: The Hottest Entry-Level IT Jobs for Recent Grads & Career Changers appeared first on IT Supply Chain.

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Supply Chain News onTrial Program to Allow Younger Truck Drivers has a Flat Tire

Supply Chain Digest

Carriers and Under 21 Year Old Drivers Show Little Interest in Apprentice Program

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Green Fleet: How does an LMS help Prioritize Focus on Sustainability and Business Growth?

Loginext

Logistics Management Software (LMS) drives green fleet sustainability using advanced algorithms and real-time data to minimize fuel consumption and operational costs by optimizing routes. Additionally, major players in the logistics industry like UPS, FedEx, and DHL are investing in electric vehicles and renewable energy to achieve net-zero emissions.

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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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Four Ways to Reduce Your Scope 3 Emissions From Within

Supply Chain Brain

While the effort may be more challenging than Scope 1 and 2 reporting, there are many things a company can do to reduce Scope 3 carbon emissions.

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Emerging Trends in Logistics Training: Preparing for Tomorrow’s Challenges

All Things Supply Chain

Navigating the ever-evolving landscape of logistics requires a keen understanding of emerging trends.

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European Parliament Approves Human Rights 'Due Diligence' Directive

Supply Chain Brain

The law requires select EU companies to mitigate against business practices like forced labor, pollution, and various other human rights abuses.

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New Approval Capabilities in Precoro for More Comprehensive Workflows

Precoro

Approval workflows are key for keeping spending in check and avoiding financial risks. As businesses grow, though, these approval processes often become more complicated, which can slow things down. With its latest update, Precoro introduced a smoother and more customizable process, so companies can make faster decisions without sacrificing oversight or risking budgets.

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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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Battery Recycling Shatters the Myth of Electric-Vehicle Waste

Supply Chain Brain

The latest advances in battery recycling, including by leading U.S. battery recycler Redwood Materials, are shrinking EVs’ footprint.

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5 Must-Know Benefits of AI for Your Warehouse

Locus Robotics

April 24, 2024 5 Must-Know Benefits of AI for Your Warehouse Mary Hart , Senior Content Marketing Manager Warehouse facilities aren't just dusty storage spaces anymore that are visited sometimes to retrieve an item, or in the case of the Indiana Jones movies, to store a supernatural ark that can melt faces off. (Hopefully your warehouse doesn’t have that.

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Boeing Posts $355M Loss in First Quarter of 2024

Supply Chain Brain

The planemaker saw revenue fall 8% year-over-year in Q1, in what CEO David Calhoun called a "tough moment" in a letter to employees.

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RapidTech + FabCon 3D in Erfurt

DiManEx

Come see our presentation! Contact for a meetup at RapidTech + FabCon 3D in Erfurt ! The post RapidTech + FabCon 3D in Erfurt appeared first on DiManEx.

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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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NRF Urges Congress to Pass Legislation to Fight Organized Retail Crime

Supply Chain Brain

The NRF argues a federal response to organized retail crime is critical, as law enforcement agencies across jurisdictions often lack sufficient resources to quickly catch and prosecute retail criminals.

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Biden Administration Raises Salary Threshold for Overtime Pay

Supply Chain Brain

Starting on July 1, the threshold will increase from $35,568 to $43,888, and then again to $58,656 on January 1, 2025.

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