December, 2023

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Supply Chain Resilience. Really?

Supply Chain Shaman

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. This follows the recent announcement by the White House Council on Supply Chain Resilience launching 30 proposed actions to strengthen America’s supply chains and the ASCM recent publication on resilience.

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Ask the Experts: How Does Innovation Impact the Skills Needed to Excel in Supply Chain?

John Galt

We asked supply chain experts and thought leaders: How does innovation impact the skills needed to thrive in supply chain? Read their thoughts!

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2024 Supply Chain Predictions – Relative Stability and a Migration to the Mean

Logistics Viewpoints

The end of the calendar year is sure to bring about predictions about the year ahead. Media sources are filled with prognostication. And Logistics Viewpoints has a history of its own supply chain predictions for the year ahead. My colleagues and I will likely publish a detailed list of predictions related to supply chain operations and technology. But today I would like to take a moment to review recent changes in supply chain barometers and apply a positive perspective on what these indicators

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Adapting Supply Chains to the Digital Retail Revolution

SCMDOJO

In the era of the Digital Retail Revolution, adaptive supply chain management is imperative amid the surge in online retail and the social commerce boom. Notably, social commerce entails direct buying and selling on social media platforms. According to a recent report by Global Web Index, modern shoppers distribute their attention across multiple social platforms and are increasingly likely to purchase products on their mobile devices.

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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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A Unified Approach to Combating Modern Slavery in Supply Chains

Supply Chain Brain

Although the global business community has been confronting modern slavery for years, it hasn’t been able to slow its rise. But there is an opportunity for that to change.

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What if Your ERP Never Gets Out of the ER?

BlueYonder

How to transform your supply chain (without waiting for your ERP to recover) Wholesale distribution and manufacturing (WD&M) has entered a new era where agility, speed and accuracy are no longer nice-to-haves, but rather uncompromising must-haves for meeting the new omni-channel B2B customer expectation. Once the fast, convenient omni-channel ordering experience spearheaded by retail during the COVID-19 pandemic became the new standard, and B2B customers began to expect the same experience i

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Effective Supply Chain Planning Is All In The Data

Talking Logistics

It was a beautiful, sunny afternoon, and we were headed to one of our favorite weekend getaway destinations. My plan to get there was pretty straightforward; I knew the best route and all the usual traffic patterns, so we set out on what should have been a two-hour drive. Four hours later, we finally arrived, Read more The post Effective Supply Chain Planning Is All In The Data appeared first on Talking Logistics with Adrian Gonzalez.

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2023 Recap – Through the Lens of Supply Chain

Talking Logistics

As 2023 comes to a close, we look to the events that took place this year to help us prepare for bringing in the new year. Much like the last five years, 2023 brought significant challenges for the various players in our global supply chain — from labor strikes, continued port congestion and more — Read more The post 2023 Recap – Through the Lens of Supply Chain appeared first on Talking Logistics with Adrian Gonzalez.

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Lead Time Definition – How to Calculate & Reduce it?

SCMDOJO

Time is really important in business. Studies say that 25% of customers won’t buy something unless it can be shipped in two days or less. Knowing how crucial time is for keeping customers happy and influencing what they buy, it’s clear that handling lead time (which means the time it takes to get things ready) is not just needed for business, but it also gives an edge in today’s competitive and complex economy.

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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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The Warehouse Execution System: A New Competitive Imperative

Logistics Viewpoints

In today’s fast-paced, hyper-competitive, omni-channel world, warehouses play a critical role in maximizing service and fulfilling the ambitious customer promises that are required today. Warehouses also represent an enormous cost center. Companies annually spend about $325 billion on warehousing — and 85% of that cost goes to operating expenses that include labor, space and equipment.

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Unlocking Logistics Profits with Matt McKinney

The Logistics of Logistics

Matt Mckinney and Joe Lynch discuss unlocking logistics profits. Matt is the Co-founder and CEO of Loop , a modern transportation audit & pay company. About Matt McKinney Matt Mckinney is the Co-founder and CEO of Loop, a modern transportation audit & pay company. Loop’s AI-driven platform removes payment friction in the supply chain to unlock margin and increase liquidity.

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3 New Innovations Set to Enhance the Cold Chain, Reduce Health Risks, and Cut Pharmaceutical Supply Chain Costs

The Network Effect

The post 3 New Innovations Set to Enhance the Cold Chain, Reduce Health Risks, and Cut Pharmaceutical Supply Chain Costs appeared first on The Network Effect.

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3 Demand Forecasting Myths Debunked

Logility

In the rapidly evolving world of supply chain management, relying on outdated notions or oversimplified strategies can lead to significant missteps. That’s why adapting forecasting methods is essential to navigate the diverse and constantly changing demand patterns effectively. In this article, we’ll explore why a dynamic forecasting approach is beneficial and necessary for today’s demand planners to maintain accuracy and efficiency.

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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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Bringing Together Supply Chain and Logistics Collaboration with Business Networks

Talking Logistics

As we head into 2024, it’s important to remember (and apply!) the important lessons learned from the past few years, especially those in response to the Covid pandemic. One of the key lessons learned is the importance of creating a resilient supply chain. As the authors of a July 2021 Boston Consulting Group article state, Read more The post Bringing Together Supply Chain and Logistics Collaboration with Business Networks appeared first on Talking Logistics with Adrian Gonzalez.

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ToolsGroup and NTT DATA Embark on New Partnership, Raising the Standard for Supply Chain Digital Transformation

ToolsGroup

BOSTON – December 20, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, and NTT DATA, a global digital business and IT services leader, have announced a new global partnership that will expand opportunities for organizations to make smart, efficient supply chain digital transformation decisions, supported by leading AI-driven technology and industry expertise.

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The Coolest Supply Chain Boutique Consultants

Logistics Viewpoints

I’ve completed research on supply chain planning (SCP) boutiques. My colleague Clint Reiser has completed a study on warehouse management system (WMS) boutiques. We are teaming up to bring you the coolest supply chain boutiques, listed alphabetically, that we identified through those studies. What is a boutique? A boutique is a small, regionally focused system integration and consulting firm.

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Manifest 2024 with Pam Simon

The Logistics of Logistics

Pam Simon and Joe Lynch discuss Manifest 2024. Pam is the EVP and Conference Chair at Manifest: The Future of Supply Chain & Logistics which will be held February 5th – 7th, 2024, at Caesars Forum, Las Vegas. About Pam Simon Pam Simon is a successful entrepreneur and business connector with more than 15 years of experience in event production, content creation, experiential marketing and angel investing.

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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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How can the Carbon Border Adjustment Mechanism (CBAM) trigger a redesign of your supply chain network?

AIMMS

The post How can the Carbon Border Adjustment Mechanism (CBAM) trigger a redesign of your supply chain network? appeared first on AIMMS.

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Ways Food and Beverage can Build Resilience with Supply Chain Optimization Software

Logility

From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. This reality is compelling F&B companies to rethink their strategies and approach to supply chain optimization and demand planning. Staying competitive in this intense landscape demands finely tuned operations that are highly efficient and effective – from product concept to customer consumption.

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Top 10 Talking Logistics Posts in 2023 (Plus Indago & Other Highlights)

Talking Logistics

I’ve always said, if you’re in supply chain management, you’re in the risk management business. You have your typical risks, like natural disasters and labor strikes, with the latter becoming more prevalent this past year. As reported by Kate Bronfenbrenner in the Wall Street Journal, “As of Oct. 31, there were 354 strikes in 2023. Read more The post Top 10 Talking Logistics Posts in 2023 (Plus Indago & Other Highlights) appeared first on Talking Logistics with Adrian Gonzalez.

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ToolsGroup/Engage Alliances Summit 2023 Launches New Era for ToolsGroup and Its Global Partners 

ToolsGroup

ToolsGroup’s sprawling partner network celebrates a history of collaboration and innovation while springboarding into the next generation of AI-powered supply chain transformations. BOSTON – December 19, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, welcomed members of its partner ecosystem to the ToolsGroup/Engage Alliances Summit 2023 in Vienna, Austria.

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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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Editor’s Choice: A Cybersecurity Planning Framework

Logistics Viewpoints

Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article is from Patrick Byers, DevOps Engineer at Lucas Systems, and looks at cybersecurity planning frameworks. It is important to have a robust incident response plan in place for your distribution operation in the event of a cybersecurity breach.

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The Logistics of Logistics Story with Joe Lynch

The Logistics of Logistics

Joe Lynch and Spencer Tenney discuss The Logistics of Logistics story. Joe is Founder and CEO of The Logistics of Logistics , a media property that provides valuable insights from logistics and supply chain leaders on various topics related to the industry, such as innovation, technology, trends, and the future of freight. About Joe Lynch Joe Lynch is the host of The Logistics of Logistics podcast, which is consistently ranked as a top logistics and supply chain podcast.

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How to Calculate Safety Stock and Evaluate Different Methods

Arkieva

Uncertainty and volatility have been around for decades. There are several methods of leveraging safety stock in the supply chain to mitigate risk. How to Calculate Safety Stock and Evaluate Different Methods was first posted on December 7, 2023 at 8:19 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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AI Technology Ensures Supply Chain Integrity Beyond the Holidays

Supply Chain Brain

By adopting AI technology to analyze critical enterprise-wide contract data and gain insights into supplier practices, companies can identify red flags and deviations from compliance standards

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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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3 Strategies for Shippers to Combat Rising Freight Fraud

Talking Logistics

As supply chains go digital, bad actors are evolving their fraudulent tactics. The COVID-19 pandemic accelerated remote work and digital transformation across industries — driving efficiencies but also leaving vulnerabilities. In logistics, those vulnerabilities are particularly glaring given how quickly the industry had to transition to online processes.

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ToolsGroup JustEnough® Brings Responsive AI to NRF 2024

ToolsGroup

Thanks to the recently integrated EvoAI engine, JustEnough leads the charge in AI-driven retail planning and execution. BOSTON – December 14, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, announces that it will be exhibiting the latest AI enhancements to its JustEnough Retail Planning & Execution suite at NRF 2024, Retail’s Biggest Show, January 14-16, 2024.

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Nine Key Steps to Enabling Resilient Supply Chains

Logistics Viewpoints

Now more than ever, organizations must prepare their supply chain for the present and the unknown challenges and opportunities in the future. And even before they begin, they must realize these problems are too big for any single team—supply chain must connect with finance and procurement to treat the n-tier suppliers as an extended part of their network and become their preferred customer.