December, 2022

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How to Manage Supply Chain Planning Priorities

Demand Driven Technologies

Your company's operational efficiency depends on its ability to set smart supply chain priorities. Here are four tips for avoiding conflicts. Source.

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Do Digital Your Way. Sidestep the Supply Chain Conquistadors

Supply Chain Shaman

In a recent research project, we found that 2/3 of companies had a digital supply chain transformation strategy; however, those that were evolving their strategy performed better during the early months of the pandemic than those that were “clear” on the project plan for a digital transformation. I know, a head-scratcher. My conclusion? Sometimes organizations are too sure and chase shiny objects, push a fad, or fall prey under the spell of a Supply Chain Conquistador.

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Not So Happy Returns This Post-Holiday Season

Enterra Insights

Before the age of e-commerce, department stores dutifully opened a special post-Christmas customer service section dedicated to handling returned products. Those customer service windows still exist; however, many after-holiday returns are now made via e-commerce channels. The staff at Wired magazine notes, “Everyone returns a gift or an impulse purchase now and then.

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Freight Cost Volatility Impacts on Inflation – An Analysis

Freightos

The global economy has gone through an incredibly tumultuous time since 2020. From lockdown-induced purchasing highs, soaring logistics costs and supply chain snarls to waning demand, soaring inflation, and fears of recession – there has never been a dull moment. . The sheer influx in demand, combined with the variety of supply chain stressors, also catapulted global freight to new levels of infamy (although none perhaps as famous as the Suez Canal blockage).

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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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Change Management is Essential for Successful Digital Transformation

Enterra Insights

The Digital Age requires companies to transform both their Industrial Age mindsets and their organizational frameworks. Many Industrial Age organizations are characterized by functional silos that may have worked well in the past but struggle to keep pace in today’s business environment. Ravi Vasantraj , Senior Vice President, and Global Head of Business Process Services at Mphasis, insists, “It is absolutely necessary to break away from the traditional mindset of viewing application

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5 Tough Love Tips to Choosing Best TMS Software

Talking Logistics

Having spent many years in business development and sales, I’ve spoken to many supply chain and logistics executives from a range of industries. More and more organizations these days see how their competitors are digitally transforming and they don’t want to be left behind. Everyone wants to be leading their industry, but leading an industry. Read more.

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Supply Chain Planning Solutions are Not Just for the Big Boys

Logistics Viewpoints

Jeff Baker, Vice President of Shared Services at Myers Industries. Companies implementing supply chain planning (SCP) have traditionally been very big companies or companies with complex supply chains. Neither of the customers highlighted in this article fall into that category. Supply chain planning is not just for the big boys. Myers Industries Implements John Galt Solutions.

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Artificial Intelligence: An Essential Tool for Digital Supply Chains

Enterra Insights

Why hasn’t artificial intelligence fully transformed supply chains? That’s a question posed by analysts from the Boston Consulting Group (BCG).[1] Their answer: “The root cause of the problem lies not with technology but with how and where companies are applying it.” Even though supply chains haven’t been fully transformed by artificial intelligence, the staff at Logility insists the technology has made a significant impact.

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The Key Pillars of Third-Party Risk Management

ivalua

Third-party Risk Management (TPRM) within Services organizations, especially Financial Services (FSI), has become critical over the last few years. Some of this is due to regulation but a lot is simply due to the increase in risk occurrences of varying types and the increasing complexity of third- party relationships. In Q3 2021, The Hackett Group conducted a comprehensive performance study of third-party risk management across a wide demographic of companies.

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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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Organizational Alignment: Overlooked, but So Important.

Supply Chain Shaman

When reviewing strategy decks for supply chain teams, I often see statements like “move from a functional-silo’d focus to a drive a more holistic response.” Or “push a shift from a focus on cost to drive value?” Sound familiar? As an analyst, I am always searching for answers and clear definitions. To help, I will ask, “How do you define value?

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Creating the Future of Logistics with Jeff Dangelo

The Logistics of Logistics

Jeff Dangelo and Joe Lynch discuss creating the future of logistics. Jeff is the Chief Revenue Officer and Chief Impact Officer of Fura , a technology company that is building the future of logistics. About Jeff Dangelo. Jeff Dangelo is the Chief Revenue Officer and Chief Impact Officer of Fura, a technology company that is building the future of logistics.

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Top 10 Talking Logistics Posts in 2022 (Plus Indago & Other Highlights)

Talking Logistics

Earlier this month, one of my guests on Talking Logistics said, “Supply chain and logistics professionals have wanted a seat at the C-suite table for a long time. Nobody said, however, that it would be the hot seat.” Whether it’s figuring out how to “do more with less” due to labor constraints, preparing for potential. Read more. The post Top 10 Talking Logistics Posts in 2022 (Plus Indago & Other Highlights) appeared first on Talking Logistics with Adrian Gonzalez.

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A New Era in Transport Logistics with Big Data and Self-Driving Trucks

Logistics Viewpoints

Fuel prices and a shortage of drivers are putting transport logistics under immense pressure. The biggest challenge in the transport sector today: there just aren’t enough drivers. A recent survey conducted by the International Road Transport Union (IRU) industry association shows that this bottleneck has exacerbated worldwide over the past two years.

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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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CPG Companies Support Regenerative Agriculture

Enterra Insights

The world faces a conundrum that affects each and every person on the planet — we all need to eat; however, producing the food we need is a leading cause of climate change. One way experts recommend addressing this conundrum is to focus on regenerative agriculture. Analysts from Chesapeake Bay Foundation (CBF) explain, “Humans have been practicing agriculture for more than 10,000 years.

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Volkswagen Group Selects Ivalua to Digitize its Indirect Procurement Processes

ivalua

Ivalua platform selected to improve efficiency, transparency, and the employee purchasing experience. Redwood City, CA, December 15, 2022. Ivalua, a global leader in spend management , and Capgemini, a global IT services and consulting firm, today announced that after a comprehensive evaluation of available technology solutions, the Volkswagen Group has chosen Ivalua’s platform to digitize its global indirect procurement processes for the Group’s entire brand portfolio.

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Four Strategies What Worked

Supply Chain Shaman

I am lucky to be an analyst. Many might say, “Aren’t you a consultant?” And my reply is that “An analyst is trying to understand where the market is going, whereas a consultant has the answers.” I don’t have the answers, but I am actively studying the market to help business leaders figure out the questions they should ask to drive performance improvements.

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Maersk Innovation with Erez Agmoni

The Logistics of Logistics

Dr. Erez Agmoni and Joe Lynch discuss Maersk innovation. Dr. Erez Agmoni is the Senior VP of Innovation & Strategic Growth for Maersk, the largest shipping company in the world. About Erez Agmoni. Dr. Erez Agmoni is the Senior VP of Innovation & Strategic Growth for Maersk in North America. After many years working in Israel, Asia, and Latin America, Erez is now based in New Jersey, USA.

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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 Road Ahead in Supply Chain Visibility and Execution

Talking Logistics

Supply chain executives, technology companies, and consultants have been talking about the importance of supply chain visibility and execution for many years. Yet, few have truly mastered this discipline so far. And now the operating environment is more dynamic, global, and uncertain than ever, posing additional challenges. But the technology landscape has also changed, with.

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The Quietly Growing Conundrum of Online Returns

Logistics Viewpoints

The Dirty Secret of E-Commerce. The continued growth in e-commerce retail sales has been largely driven by factors such as convenience, product selection and lower prices. However, the inability for consumers to initially see, feel or experience products they purchase online can create gaps between product expectations and what arrives at the doorstep.

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How do you manage your Stakeholders when facing Conflicting Supply Chain KPIs?

AIMMS

The post How do you manage your Stakeholders when facing Conflicting Supply Chain KPIs? appeared first on AIMMS.

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Ivalua Ranked in Comparably’s Global Top 100  Best Companies and Awarded Best for Culture, Women and Diversity

ivalua

Ivalua scoops hat-trick of awards at Comparably’s latest Best Companies ranking. Redwood City, CA, December 16, 2022. Ivalua, a global leader in spend management , today announced that following anonymous votes from employees across all its departments and international office locations, the company has been ranked by Comparably among the top 100 companies with the best culture, as well as a best company for women and for diversity.

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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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ToolsGroup Welcomes Kevin Young as Chief Marketing Officer

ToolsGroup

Adding supply chain and e-commerce marketing expertise to accelerate aggressive growth at ToolsGroup. BOSTON — Dec 6, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, announces it has appointed Kevin Young as Chief Marketing Officer. As CMO, Kevin will be responsible for ToolsGroup’s marketing strategy and will collaborate across the company and its vast network of partners and customers to build and evolve the brand, create awareness f

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The Connected Ecosystem with Bill Vitti

The Logistics of Logistics

Bill Vitti and Joe Lynch discuss the connected ecosystem, which is one of the best ways to describe Transflo. Bill is the President and CRO of Transflo, the trusted industry leader in mobile, telematics, and business process automation solutions to the transportation industry. About Bill Vitti . Bill Vitti joined Transflo as President in early 2022, with more than 25 years’ experience in the transportation industry.

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Above the Fold: Supply Chain Logistics News (December 2, 2022)

Talking Logistics

December, already? I was thinking of something witty to write as we enter the last month of 2022, but all that came to mind were these lyrics by the Counting Crows: A long December and there’s reason to believeMaybe this year will be better than the last With nothing more to say, here is the. Read more Above the Fold: Supply Chain Logistics News (December 2, 2022).

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Logistics Predictions: How Did We Do in 2022 and What Will 2023 Look Like?

Logistics Viewpoints

Near the end of 2021, I had the chance to make the early call on Logistics Viewpoints on what 2022 would look like across five major logistics themes. Unlike the folks projecting election results these days, I was a little more accurate and the 2022 projections have set the stage for what will happen in 2023. Let’s take a look at what happened with the major themes, as well as the research and analysis we conducted in 2022 to help determine what those themes will look like in 2023.

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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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Report Links Car Supply Chain to Forced Labor in China

Supply Chain Brain

The authors claim China's systematic repression of the Uyghurs and opaque supply chains has allowed the automotive industry to become reliant on abusive suppliers.

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OpenAI and Its Impact on Supply Chain Management

SCM Research

OpenAI has attracted a lot of attention in recent weeks, and for good reason. The research institute, which focuses on developing artificial intelligence technologies and promoting their safe and responsible use, has made significant strides in advancing the field of AI. One area where OpenAI could have a significant impact is in the field of supply chain management.

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Doing Business in Time of War: Nestlé and Ukraine

Enterra Insights

Nestlé, the largest publicly held food company in the world, recently announced it was investing “40 million Swiss francs ($42.88 million) to launch a new production facility in western Ukraine.”[1] Olena Harmash , a Strategic Communication Adviser with CGIAR, notes, “Nestlé is one of very few international companies to announce new investments in Ukraine since Russia invaded the country in February 2022.”[2] Nestlé executives have learned that carrying on operations as a

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