Tue.Jun 18, 2024

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Impact-Driven Decision Making in Decision-Centric Planning: Why Optimizing to a Goal MattersĀ 

ToolsGroup

Imagine setting out on a cross-country road trip without a destination. Sure, you might see some interesting sights along the way, but without a clear endpoint, how will you know when you’ve arrived? Now, instead picture the same journey with a specific destination in mind. Every turn, rest stop and fuel stop is planned to get you closer to that endpoint efficiently and effectively.

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Editorā€™s Pick: Is Your Transportation Management System Adequate or Extraordinary?

Talking Logistics

Note: Today’s post is part of our “Editor’s Pick” series where we highlight posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This recent post by Mike Mulqueen from JBF Consulting’s blog highlights how to maximize your investment in a transportation management system (TMS).

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Food Inflation, Conclusion: Brands and Grocers Try to Win Back Consumer Loyalty

Enterra Insights

“Cost is the new king for consumer products and retail organizations,” declares Tim Bridges , an Executive Vice President at Capgemini.[1] And nowhere is that truer than in the grocery sector. Markets correspondent Emily Peck explains, ā€œEvery time Americans go food shopping they feel the sting of higher prices, making the grocery store the place where consumers are most regularly reminded about inflation.ā€[2] In Part One of this article, I discussed how high food prices could affect

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Nearshoring and Tech Solutions: A New Era for Supply Chains

C3 Solutions

Discover why nearshoring is gaining traction in 2024 as companies seek to mitigate supply chain risks. Download our whitepaper for detailed insights!

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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, youā€™ll find: Strategies for Compliance: Best practices to help meet regulatory standards.

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Simple is Good, Except When It Isnā€™t

The Smart Software

In this blog, we are steering the conversation towards the transformative potential of technology in inventory management. The discussion centers around the limitations of simple thinking in managing inventory control processes and the necessity of adopting systematic software solutions. The post Simple is Good, Except When It Isnā€™t appeared first on Smart Software.

More Trending

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Why Zero Sales Come In (At Least) Two Kinds

BlueYonder

Summary: In retail forecasting, zero-sales events require special attention when training and applying demand models. It is difficult to find out ex post whether a zero-sales-event truly witnesses vanishing demand on a given day (as in ā€œnobody took that product from the shelfā€), or whether the predicted product was simply not available (as in ā€œthe product was not even put onto the shelfā€).

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Driving Product Innovation with Supply Chain Planning

John Galt

Explore key insights on how supply chain planning strategies can influence an organizationā€™s innovation process and success.

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The connected factory

IT Supply Chain

By Stephen Hayes (pictured) Managing Director, Beckhoff UK The post The connected factory appeared first on IT Supply Chain.

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Unleashing the Power of Business Intelligence to Speed Product Innovation

Arena Solutions

Manufacturers are under constant pressure to innovate faster amid todayā€™s increasingly competitive landscape. Yet macroeconomic forces beyond their control and continued supply chain instability make it difficult to maintain operational efficiency and achieve product realization goals. Companies must continually monitor and refine their processes to account for changing market conditions that impact product development.

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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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Resilincā€™s Latest Supply Chain Risk Management Solution Updates (June 2024)

Resilinc

Explore the latest updates to Resilincā€™s supply chain risk management solutions, including Collaboration Center 2.0, the Disruption Vulnerability Index (DVI), and more. At Resilinc, we constantly innovate our supply chain risk management solutions to meet our customers’ evolving needsā€”itā€™s part of why weā€™re The Gold Standard for Supply Chain Resilience.

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Future Proofing Shipping Against the Next Crisis

IT Supply Chain

By Captain Steve Bomgardner (pictured) Vice President ā€“ Shipping & Offshore, Pole Star Global The post Future Proofing Shipping Against the Next Crisis appeared first on IT Supply Chain.

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HICX and DitchCarbon partner to give brands the best data for carbon choices

HICX Solutions

LONDON (for immediate release) – HICX, the leading supplier experience platform, and DitchCarbon, the worldā€™s source for carbon emission insight, have partnered to help businesses better meet Scope 3 challenges, by letting them supplement their supplier data with specialist data relating to carbon emissions. This will arm Procurement and Sustainability teams, with the necessary intelligence to make carbon-conscious decisions.

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Kinaxis Announces Enhanced AI-Assisted Platform Capabilities

Supply Chain Matters

Supply chain planning and execution synchronization technology provider Kinaxis today announced the companyā€™s broadened set of AI-infused capabilities which is being named Kinaxis Maestr o. Noted as a first in its kind, the capabilities combine what is described as a powerful combination of proprietary computational technologies and techniques that support supply chain planning and execution synchronization needs across an extended 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 youā€™re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, youā€™re not alone. In todayā€™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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Strategic Cost Reduction for CFOs: Freight Auditā€™s Role in Enhancing Supply Chain Efficiency

Freight Plus

Chief Financial Officers (CFOs) are key players in safeguarding their organizations’ financial health. With margins tightening and operational demands increasing, CFOs can greatly benefit from actively optimizing freight audits. This is not merely about cost reduction; it’s about strategically utilizing these processes as essential tools for enhancing supply chain resilience, ensuring compliance, and fostering informed […] The post Strategic Cost Reduction for CFOs: Freight Aud

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Key Features of Contract Compliance Management Software

IT Supply Chain

By Rob Jackson (pictured) Content Writer The post Key Features of Contract Compliance Management Software appeared first on IT Supply Chain.

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The Top Reasons to Work with an Asset-Based Trucking Company

BR Williams Supply Chain Management

To be successful in todayā€™s dynamic business world, creating an effective supply chain that supports your business and customers is essential.

Company 40
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June 18, 2024 Update

Freightos

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. More Resources Home June 18, 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 ā€“ and anything else impacting the market.

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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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The Top Reasons to Work with an Asset-Based Trucking Company

BR Williams Supply Chain Management

To be successful in todayā€™s dynamic business world, creating an effective supply chain that supports your business and customers is essential.

Company 40
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Global Supply Chain News on the Four Factors Driving Ocean Container Shipping Rates Higher

Supply Chain Digest

Capacity is Growing, but not Enough to Make a Difference Yet, Drewry says

Global 39
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The Top Reasons to Work with an Asset-Based Trucking Company

BR Williams Supply Chain Management

To be successful in todayā€™s dynamic business world, creating an effective supply chain that supports your business and customers is essential.

Company 40
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Supply Chain Use Cases for AI in Manufacturing

Supply Chain Digest

New Report from The Manufacturing Alliance Takes Detailed Look

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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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Boeing Senate Hearing: Physical Threats Against Whistleblowers and 'Systemic Disregard' for Safety

Supply Chain Brain

The new whistleblower alleges that Boeing has lost track of hundreds of potentially defective parts, and that those parts have been installed in new planes.

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How Does Delivery Management Software Manage Reverse Logistics For eCommerce Businesses?

Loginext

Reverse logistics is crucial for eCommerce success. Delivery management software streamlines this process by automating return pickups, providing real-time tracking, and offering robust data analytics. This ensures efficient operations, reduces costs, and enhances customer satisfaction. The post How Does Delivery Management Software Manage Reverse Logistics For eCommerce Businesses?

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State of Logistics Report: More Climate-Driven Shipping Disruptions to Come

Supply Chain Brain

Kearney's annual State of Logistics report estimates that sea level rise and inland flooding could cost the logistics industry billions annually by 2050.

Report 111
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Bulk Powder Transport: Tips for Partnering with a 3PL Trucking Provider

Bulk Connection

From the foundation of your house to the ingredients in the foods you eat, many of the items you encounter every day started out in powder form. And many of those powders were shipped over the road using dry bulk trailers and equipment, such as those provided and/or arranged by third-party logistics (3PL) professionals. If youā€™re tasked with bulk powder transport for your business, read on as we break down a variety of elements you need to consider before putting your loads into motion.

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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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The Smart Factory @ Montreal: Believers Made Here

Supply Chain Brain

With inflation and interest rates at their highest levels in years, along with challenges in labor availability and reliability, it is anticipated that warehouse automation will play a key role for organizations to remain competitive.

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Optimize Truck Fleet Routes and Maximize Every Mile

MercuryGate

Smart planning and the right tech elevates truck fleet utilization. Find out why MercuryGateā€™s transportation management system helps fleet managers manage routes, trucks, and budgets on one platform. The post Optimize Truck Fleet Routes and Maximize Every Mile appeared first on MercuryGate International.

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New Whitepaper: Strategies for Elevating Supplier Performance

Kodiak Hub

At Kodiak Hub, we know the power of supplier intelligence to enable faster, smarter sourcing decisions, improve supplier relationships throughout the entire lifecycle, and drive improved performance across the board.