June, 2023

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Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know

ivalua

Ivalua Spend Management Insights [ivory-search] Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know June 12, 2023 | | Sustainability by Vishal Patel In an effort to drive sustainability and combat climate change, the European Union has introduced the Corporate Sustainability Reporting Directive (CSRD). This new regulation builds upon its predecessor, the Non-Financial Reporting Directive (NFRD), and brings about significant changes that impact organizatio

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Elevating The Voice of the Supply Chain Contrarian

Supply Chain Shaman

Surgery is over. I am safely recuperating at home. Due to travel restrictions, I cannot attend many industry events, so I observe from home, watching webinars and remote broadcasts. As I process the content, I struggle. My mind questions, “How did we get here? ” I believe that the industry is stuck. My question is, “How do we break the conventional norms to drive breakthrough thinking?

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Navigating Uncharted Waters: Out of the Fort and Into the Moat

Freightos

The Initial Hurdle: 2021’ Freight Fiasco During the COVID-19 pandemic, Conor from Fort Toys , like many other entrepreneurs, found himself dealing with skyrocketing demand… and skyrocketing freight costs. His product – a magnetic pillow fort for kids that was funded by a wildly successful Kickstarter campaign – was both fun…and bulky.

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Your Must-Have Gartner EU Debrief: The TopTakeaways from Gartner Supply Chain Symposium/Xpo EU 2023

ToolsGroup

Gartner Supply Chain Symposium/Xpo EU 2023 has wrapped up its 3-day event in Barcelona, Spain. Featuring over 35 Gartner experts and more than 100 research-driven sessions, this year’s conference gathered over 2,000 supply chain professionals from across Europe and beyond. Our team was energized by the insightful conversations we had and sessions we attended, and we’re excited to share what we’ve learned!

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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A Truly Transformative SCM Master Program

SCM Research

Supply chain management (SCM) master’s programs often emphasize functional silos, as reflected in course titles such as “Operations Management” and “Logistics and Distribution Management” While these traditional elements are important, they risk overlooking transformative perspectives necessary in the face of today’s global challenges.

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The Holy Grail of Modern S&OP: Multi-Horizon Integrated Business Planning 

Logility

 S&OP and Multi-Horizon Integrated Business Planning Manual supply chain processes are a real headache. Creating and comparing business scenarios in spreadsheets are fruitless exercises in glancing in the rearview mirror rather than looking ahead at the opportunities and risks emerging on the horizon. And next to impossible is creating plans in a timely manner when monitoring unrelated KPIs across multiple disconnected sources of data.

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Don’t Wait to Innovate: 3 Key Benefits of Causal Forecasting

Logility

Picture this: You’re a seasoned sailor navigating uncharted waters. You’ve got a trusty map based on old routes, but the sea’s currents constantly change, and new obstacles keep popping up. You quickly realize your old map just isn’t enough anymore. Sounds familiar? That’s precisely what demand forecasting feels like for many businesses today.

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Supply Chain Planning Must Become Decision-Centric

Supply Chain Brain

The environment in which chief supply chain officers find themselves has changed significantly in recent years, but most organizations have failed to adjust their approach to planning.

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Supporting S&OP with Stakeholder & Supply Chain KPIs

Silvon Software

KPIs are essential in S&OP as they provide a quantitative framework for gaining visibility, aligning efforts, supporting decision-making, and driving continuous improvement across the business. But how do you know if you are using the right KPIs, including both stakeholder and supply chain performance measures? It All Comes Down to Balance & Alignment Unfortunately there is no easy answer to the question of whether or not you’re using the right KPIs for S&OP.

S&OP 111
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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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Dancing in the Ring of Fire

Supply Chain Shaman

This week, I spoke to John. As a supply chain leader, he is struggling how to dance in the ring of fire. You may also be facing the same issue. Let me explain. What Is The Ring of Fire? The ring of fire is corporate politics at the executive level on supply chain performance. Each executive has a different perspective on the definition of supply chain excellence, but they are never discussed and aligned.

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The Case for Real-Time Perpetual Inventory Signals in Manufacturing

ToolsGroup

Once upon a time, the world of manufacturing was a relatively stable place. But then, supply chain disruption became the rule instead of the exception, consumers changed their tastes as often as their socks, and global competition started playing hardball. Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy.

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Generative AI’s Impact On The Supply Chain (3 Use Cases)

Talking Logistics

Global organizations want more automation within their supply chain to tackle issues like cost escalation and demand volatility. Generative AI has emerged as a transformative force with the potential to revolutionize the global supply chain, including the power to serve as a co-pilot to help operations and customer service organizations do their job better, faster.

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2023 Mid-Year Check-In: Current Status of Supply Chains and What’s Next?

Logistics Viewpoints

In February 2023 I wrote the article What Does 2023 Have In-Store for Global Supply Chains? It introduced the survey we had just launched to determine the perceptions, priorities, and strategic initiatives of today’s supply chain and logistics executives. This post was subsequently followed by two articles that discussed some of the findings from the survey.

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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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Procurement on the Thames: Ivalua’s London Summer Symposium

ivalua

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change. At Ivalua, we recognized the need to stay ahead of these developments and organized our first annual Ivalua Summer Symposium in London on a wonderful sunny evening on the Thames to discuss

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AI and the Future of Supply Chain with Yossi Sheffi

The Logistics of Logistics

Dr. Yossi Sheffi and Joe Lynch discuss AI and the future of supply chain, which is the central theme of Yossi’s latest book, The Magic Conveyor Belt: Supply Chains, A.I., and the Future of Work. Yossi is the Elisha Gray II professor of Engineering Systems at the Massachusetts Institute of Technology, where he serves as Director of the MIT Center for Transportation & Logistics (CTL).

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Driving An Octopus

Supply Chain Shaman

This is a ChatGPT image rendered when asked, “Show me how Lora Cecere would look riding an Octopus.” Funny? Yes, quite. As I approach my 69th birthday and pending surgery, I thank ChatGPT for removing my facial lines and giving me a good hair day. But, you might ask, “Why an octopus?” Shouldn’t this gal be retiring? This leads me to a long story.

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Why Global Defense Organizations Need a Joint Ammunition Management System

The Network Effect

The benefits of a joint ammunition management system for global defense organizations is are tremendous. This article explores ammo management.

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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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Above the Fold: Supply Chain Logistics News (June 30, 2023)

Talking Logistics

With the 4th of July holiday next Tuesday, I’m betting many people are taking the day off today (and Monday) to extend their time off. At least that’s what I’m doing. So, without further delay, here’s the supply chain and logistics news that caught my attention this week: If you’re still reading this, thank you. Read more The post Above the Fold: Supply Chain Logistics News (June 30, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

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Marijuana Supply Chain: Profits and Headaches

Logistics Viewpoints

The marijuana supply chain is an interesting market to follow. Like any agricultural product, there are ebbs and flows to its supply and demand. However, there is one caveat in the marijuana supply chain that makes things a bit trickier: in most states, cannabis products can only be sold and consumed within the state that the original plant was grown.

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Get Ready for Success! 4 Critical Workstreams for Successful Procurement Implementation

ivalua

Ivalua Spend Management Insights [ivory-search] Get Ready for Success! 4 Critical Workstreams for Successful Procurement Implementation June 14, 2023 | | Thought Leadership by Vishal Patel Implementing a procurement application requires careful planning and execution, but combining it with a successful strategy can also ensure stakeholder buy-in, improve communications, support change management, reduce cost, and increase speed to market.

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An Alternative to UPS and FedEx with Mark Lavelle

The Logistics of Logistics

Mark Lavelle and Joe Lynch discuss n alternative to UPS and FedEx. Mark is the Chief Executive Officer at Maergo , a first-of-its-kind parcel delivery platform, purpose-built for branded direct-to-consumer delivery using modern technology and advanced data capabilities. About Mark Lavelle Mark Lavelle is the Chief Executive Officer at Maergo, a first-of-its-kind parcel delivery platform, purpose-built for branded direct-to-consumer delivery using modern technology and advanced data capabilit

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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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PPC Flexible Packaging: Creating the Blueprint for a Successful S&OP Journey

Logility

The Gartner Supply Chain Symposium/Xpo conference brings thousands of supply chain executives together. Instead of enjoying world-famous theme parks, and nightlife in Orlando, Florida this year, attendees explored new ideas and technology investments that drive business growth and create more resilient supply chains. Various speakers discussed important topics that are top of mind for every executive, such as supply chain resiliency, digitalization, and sustainability.

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The Top Opportunities for LSPs and 3PLs in Today’s Challenging Business Environment

The Network Effect

The post The Top Opportunities for LSPs and 3PLs in Today’s Challenging Business Environment appeared first on The Network Effect.

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Supply Chain Visibility: From Buzzword to Business Benefits

Talking Logistics

Editor’s Note: The following is an excerpt of a research report published recently, “Realizing the Full Business Benefits of Supply Chain Visibility.” The research, conducted by Adelante SCM and commissioned by Kaleris, highlights the main objectives companies have for achieving end-to-end supply chain visibility; the biggest dark/blind spots in the supply chain today; and the.

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Until AI Can Solve this One Simple Task, I Wouldn’t Worry About It

Logistics Viewpoints

Experts have recently warned about the possibility that artificial intelligence (AI) could lead to the destruction of 400 million jobs by 2030. These same pundits also predict that AI could lead to increases in global GDP by trillions of dollars in the same time frame. However, AI’s inability to solve the very limited problem of ensuring that inventory is located in the right place in a warehouse suggests that planners don’t have to worry too much about job security.

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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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D.I.MAR Makes Waves with Supply Chain Digital Transformation, Powered by ToolsGroup Automation

ToolsGroup

Teaming up with ToolsGroup, the Italian frozen seafood company chooses AI to advance its supply chain processes and guarantee a superior consumer experience. MILAN and BOSTON – June 6, 2023 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is thrilled to announce it has been selected by D.I.MAR, an Italian leader in the frozen food industry, to heighten its supply chain performance, bolster supplier relationships, and drive enhanced business results.

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Key Takeaways from TMSA Elevate with Trey Griggs

The Logistics of Logistics

Trey Griggs and Joe Lynch discuss key takeaways from TMSA Elevate, a conference held in Savannah, Georgia on June 11, 12, and 13. TMSA is the Transportation Marketing and Sales Association, a non-profit organization for sales and marketing professionals in transportation and logistics. Trey Griggs, Founder of the Beta Consulting Group was an emcee for the event.

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Achieving the Value of Digital Twins

DELMIA Quintiq

Are Digital Twins Achievable? I have to imagine that everyone that works in an industrial setting has heard about digital twins at this point. Perhaps they’ve heard more than they care to, and would rather see more digital twins in practice. While the promise is clear, and we see a growing number of case studies proving the benefits of the approach, many companies struggle to create and maintain digital twins.