Thu.Feb 29, 2024

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Companies Cannot Transform Through AI Alone

Logistics Viewpoints

UPS dominated business and trade headlines for a day in late January when the world’s largest package delivery company announced plans to cut 12,000 full- and part-time management jobs as part of a new initiative called “Fit to Serve.” What stood out even more was the “subhead” of UPS’ announcement. As reported by The Wall Street Journal , “Those jobs weren’t likely to return even when business picks up,” UPS said, adding that the reductions are part of what would be “ new ways of working.

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Leap Day and the Supply Chain

Enterra Insights

Happy birthday to everyone born on 29 February and who only get to officially celebrate the actual day of their birth every four years. Vigdis Hocken , Delivery Manager at Lyse Tele, and journalist Konstantin Bikos explain, “Leap years are years where an extra day is added to the end of the shortest month, February. This so-called intercalary day, February 29, is commonly referred to as leap day.

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Choosing the Right WES: What to Look For

BlueYonder

My previous blog post focused on defining what a Warehouse Execution System (WES) is, as well as the benefits this solution delivers for retailers, manufacturers and logistics services providers (LSPs). For this follow-up post, I’ve asked Joe Kozenski, Product Director for WES at Blue Yonder, to share some tips on identifying the right WES solution.

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Kyber Network: Mastering Liquidity and Exchange for Investors

IT Supply Chain

By Claire Lloyd (pictured) Content Writer The post Kyber Network: Mastering Liquidity and Exchange for Investors appeared first on IT Supply Chain.

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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 Food Retailers Can Thrive Amid Growing Supply Chain Disruptions

Supply Chain Brain

The one-two punch of geopolitical tensions and climate anomalies has put unprecedented pressure on global food supply chains.

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Empowering Adaptive Enterprises at Lumenia ERP HeadtoHead

QAD

In the dynamic world of manufacturing, the quest for operational excellence is unending. Enterprises are constantly seeking ways to enhance adaptability, efficiency and resilience in their operations. The upcoming 9th UK Lumenia ERP HEADtoHEAD event, scheduled for 13-14 March 2024 in Milton Keynes, presents a unique opportunity for decision-makers in manufacturing and supply chain organizations to explore leading ERP solutions that can drive business transformation.

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Digitalizing Renminbi: China’s Path to Digital Yuan

IT Supply Chain

By Ian Benson (pictured) Content Writer The post Digitalizing Renminbi: China’s Path to Digital Yuan appeared first on IT Supply Chain.

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Watch: Trends in AI: Starting Small With Large Language Models

Supply Chain Brain

Supply chain leaders looking to enhance operations with artificial intelligence need to start small with large language models, says Dave Evans, chief executive officer of Fictiv.

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Outsourcing eCommerce Fulfillment to a 3PL

ModusLink Corporation

Warehouse of wholesale. Logistic, fulfilment order for distribution. Loader, cargo truck, forklift with driver, worker with cart, boxes on rack. Flat illustration for logistic, delivery center. Vector Introduction: Understanding the Role of a 3PL in eCommerce Fulfillment Before diving into the benefits of outsourcing, let’s clarify what exactly a 3PL does in the realm of eCommerce fulfillment.

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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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Podcast | A Failing Grade on Ending Forced Labor in Apparel Supply Chains

Supply Chain Brain

A new report card on forced labor in apparel supply chains gives brands and manufacturers mostly failing grades in their efforts to put a stop to it.

Apparel 81
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Supplier Performance Management – The Ultimate Guide

SCMDOJO

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. Therefore, the ultimate goal is to identify potential problems and their causes so that they can be resolved early for the benefit of all.

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What is Retail Software? Types, Benefits, & Features

Unleashed

Retail software is a range of technological solutions that can help retailers improve customer satisfaction, profitability, efficiency, and productivity by streamlining manual tasks. While some businesses initially use paper- or spreadsheet-based systems to track important records, these solutions are often too limited or too slow to support efficient operations.

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Pfizer Supply Chain Modernization Leading The Way In Healthcare

RFgen

Imagine a world where every pill, every vaccine, and every therapeutic breakthrough reaches those who need them most, regardless of distance or difficulty. This isn’t just a hopeful vision, but the prime objective of Pfizer’s supply chain modernization. At the heart of Pfizer’s mission lies a delicate balance of science, strategy, and innovation. This ensures that medicines navigate the globe to arrive in the hands of patients where and when they need them.

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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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Kinaxis Announces Impressive Financial and Market Momentum Results

Supply Chain Matters

Supply chain planning and execution synchronization software provider Kinaxis reported impressive Q4 and 2023 full year results and customer momentum. Financial Performance Headlines Highlights of financial performance included $111.9 million in Q4 total revenues, a 14 percent year-over-year increase. Quarterly gross profit was reported as $68.9 million and adjusted EBIDA for the quarter was $19.7 million.

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Balancing the Supply Chain Equation

Supply Chain Digest

New Report from Bain says there are New Variables in Managing Supply Chain Trade Offs

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The Evolving Last-Mile Delivery Trends and Expectations of 2024

Supply Chain Brain

Rising shipping costs, cumbersome processes and the growing demand for seamless service highlight the urgency for businesses to rethink their approach to last-mile delivery.

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What to look for in an apparel logistics services provider

West Coast and California Logistics

Economic uncertainty, sustainability initiatives, and a crowded consumer marketplace are just a few of the challenges facing apparel manufacturers at the moment. To mitigate these challenges, apparel brands are increasingly reliant on nimble, flexible 3PL providers that specialize in apparel logistics. Ideally, these partners are not only equipped with the resources and capabilities to execute efficient distribution operations but also possess the agility to adapt to real-time changes.

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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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Cargo Volumes in Red Sea Area Drop 21% Due to Attacks On Ships

Supply Chain Brain

BIMCO said that, so far in February, the number of ships transiting through the Gulf of Aden and the Suez Canal is 50% and 37% lower than last year respectively.

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The Role of a Kosher Wash in Food-Grade Bulk Transport

Bulk Connection

The kosher tank wash process is a specific cleaning procedure used to ensure that transportation and storage tanks comply with kosher dietary laws. This is especially important in the food, beverage, and pharmaceutical industries, where tanks might be used to transport or store products that must meet kosher certification standards. The process involves several key steps to ensure that the tanks are free from any non-kosher residues and are suitable for holding kosher products.

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AIT Worldwide Logistics acquires Global Transport Solutions Group

Supply Chain Brain

AIT says the acquisition of European-based marine spare parts logistics specialist with more than 600 teammates in 11 countries is its most significant to date.

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Tecsys Reports Record Revenue for the Third Quarter of Fiscal 2024

Tecsys

SaaS Revenue soars 48% in the third quarter, SaaS RPO reaches $157 million

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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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Biden Offers $9.8B to Bolster Public Transit Agencies

Supply Chain Brain

Biden has made his administration’s infrastructure investments a focus of his message on the economy.

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EU Commission Clears CMA CGM Acquisition of Bolloré Logistics

Supply Chain Brain

The approval is conditional upon full compliance with the commitments to divest some sea freight forwarding operations in Martinique, Guadeloupe, and French Guiana.