November, 2022

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Top 10 Supply Chain Risks in 2023 & How to manage them?

AIMMS

The post Top 10 Supply Chain Risks in 2023 & How to manage them? appeared first on AIMMS.

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Your Sales Plan is NOT a Forecast!

The Logistics & Supply Chain Management Society

Your Sales Plan is NOT a Forecast! by Jeff Harrop – Supply Chain Educator and Consultant. Man is the only animal that laughs and weeps, for he is the only animal that is struck with the difference between what things are and what they ought to be. – William Hazlitt (1778-1830). A Ferrari has a steering wheel. A fire truck also has a steering wheel.

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4 Keys for Unlocking a Successful Logistics Partnership

Talking Logistics

Logistics remains fragmented and broken, and nearly every participant in the ecosystem is struggling. Cross-border freight with Mexico is a $70.3 billion market, but ongoing strains from shipping delays, looming driver shortages, and fluctuating consumer prices have exposed the fragility of our global supply chains – making the need for industry-wide transformation more urgent than.

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Top Solutions for Supply Chain Agility

Logistics Viewpoints

Digital Twin from Infor Nexus Drives Supply Chain Agility. When it comes to driving supply chain agility there are several solutions that are important, but the key solution is a Multi-enterprise Supply Chain Network (MSCN). A multi-enterprise supply chain network platform provides network-based order fulfillment applications and/or advanced network-based supply chain risk analytics.

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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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Piecing Together the SIOP Process

The Logistics & Supply Chain Management Society

Piecing Together the SIOP Process. by Madeline Smith , Supply Chain Management Consultant at Clarkston Consulting. Sales, Inventory, Operations Plan (SIOP) is a process within many successful supply chain organizations that recognizes the integral relationship between all departments in the company, but how do you piece together an SIOP process? Read below for a guide to solving the SIOP puzzle for your organization. .

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Managing Risk Through Better Communication

C3 Solutions

Do you know the risks your supply chain operation is facing?

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Why Digitalizing Sourcing is a Must for Supply Chain Resilience

Logistics Viewpoints

As global supply chains continue to tackle ongoing disruptions, one major headwind that most organizations are faced with is the inflationary environment we are living through. This is starting to mount cost pressures just at the time when additional investments are needed to build resilience. So, how can organizations tackle the inflationary environment by finding significant cost savings opportunities while improving resiliency?

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80% of UK businesses say Brexit caused the biggest supply chain disruption in the last 12 months

ivalua

83% fear the biggest disruption from Brexit is yet to come, while increasing supply chain disruption caused revenues to drop by an estimated 18%. London, UK, 28th November, 2022. Research from Ivalua , a leading global spend management cloud provider , has revealed that 80% of UK businesses say that Brexit has been the biggest disrupter to supply chains in the last 12 months, while 83% fear the biggest disruption from Brexit is yet to come.

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Uber Freight Deliver 2022: “A World We No Longer Live In”

Talking Logistics

“The logistics industry was built for a world that we no longer live in.” If you had to boil down why the past two years have been so challenging for supply chain and logistics professionals into a single sentence, that would be it. The quote is by Lior Ron, CEO of Uber Freight, from his. Read more Uber Freight Deliver 2022: “A World We No Longer Live In” The post Uber Freight Deliver 2022: “A World We No Longer Live In” appeared first on Talking Logistics with Adrian Gon

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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 Green Corridor: To Realise the Circular Economy Dream – Reach Out to Your Community

The Logistics & Supply Chain Management Society

The Green Corridor: To Realise the Circular Economy Dream – Reach Out to Your Community. by Timothy Foote , Founder of Susymbio. Buy, use, and toss. That is the experience a consumer has when they are well … consuming! When we dispose of something though, is that really the end? In the case of fruit and vegetable peelings for instance, I actually use them as material for composting, for my garden.

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5 Questions About Safety Stock Calculations

Arkieva

There are various approaches to safety stock calculations. This blog previews a free webinar that sheds light on the pros and cons of each. 5 Questions About Safety Stock Calculations was first posted on November 1, 2022 at 7:41 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement.

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Improving Your Supply Chain Risk Management

C3 Solutions

Before 2020, the global supply chain seemed almost untouchable, a well-oiled machine that kept the global economy turning. Risk mitigation and supply chain resiliency wasn’t the top priority for businesses.

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Editor’s Choice: Aluminum Can Shortage Defines a New Normal for Food Packaging

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 Chetan Chaudhari at GEP and examines the ongoing aluminum can shortage. This shortage is the culmination of various ongoing issues – geopolitical tensions related to the Russia-Ukraine war, the rapid shift in consumer buying behavior and container freight availability.

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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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The CHIPS and Science Act of 2022: What It Means for the Future of Manufacturing

ivalua

US Government Passes the CHIPS Act to Increase Semiconductor Manufacturing and Research. On August 9th, 2022 the US CHIPS and Science Act, now more commonly known as the CHIPS Act, was passed into law. The CHIPS Act was created in response to pandemic-induced shortages of semiconductors and other critical manufacturing supplies, causing widespread disruption to supply chains across the country. .

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Improving Supply Chain Resilience: How A Digital Supply Chain Orchestration Platform Can Help

Talking Logistics

As we near the end of 2022, supply chain and logistics executives are busy preparing their strategies, plans, and budgets to deal with the inflation, uncertainty, and risks that are clouding the year ahead. One key objective for dealing with these challenges is improving supply chain resilience, which includes improving supply chain visibility capabilities and.

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Long Range Manufacturing Capacity Planning: Are You Planning to Fail?

CHAINalytics

This blog post is the first of a two-post series on Long Range Manufacturing Capacity Planning and its implementation. You will find a link to the second post, when available, here. “Failing to plan is planning to fail,” goes the famous adage, emphasizing the essential nature of timely preparation. Long Range Manufacturing Capacity Planning aligns … The post Long Range Manufacturing Capacity Planning: </br>Are You Planning to Fail?

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Supply Chain Weekly Wrap-Up 11/11/2022-11/18/2022

All Things Supply Chain

Ukraine says Grain Deal will be Extended Following a United Nations brokered deal, to allow exports of Ukrainian grain from the Black Sea, is set to be extended by a…

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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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Top 10 Supply Chain YouTube Channels to Subscribe

SCMDOJO

YouTube is a fantastic platform offering a unique feel to social media exploration and learning the latest trends in Supply Chain from professionals. YouTube provides a unique medium for businesses to grow, share thoughts, and explain processes using a more graphical approach. Supply Chain YouTube channels are one to look out for as they share many business-related ideas. .

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Editor’s Choice: Tips for Trucking Companies to Decrease Their Insurance Premiums

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 Emerge and offers tips for trucking companies to decrease their insurance premiums. The number of accidents in the trucking industry is up, and so are insurance premiums.

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The Battery Supply Chain Is Finally Coming to America

Supply Chain Brain

Redwood Materials Inc., the battery recycling company, has reached a deal to supply Panasonic with billions of dollars in critical battery components that will be produced in the U.S. for the first time. .

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The New Supply Chain Landscape: Why Moving Up the Supply Chain Spectrum Is Imperative

Talking Logistics

Thanks to disruptive events over the past two years, supply chains have become central to business success, forcing CEOs and other business executives to spend a much larger portion of their time and strategies focused on this once afterthought of their operations. What has changed? What will the business environment be like moving forward? Why. Read more The New Supply Chain Landscape: Why Moving Up the Supply Chain Spectrum Is Imperative.

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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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Four growth tactics for manufacturer and distributor success

SYSPRO Smarter ERP

It is no secret that the manufacturer and distributor sectors have been some of the hardest hit by the global health crisis and recent geopolitical instability. In many cases this has forced decision-makers to take a step back and reassess the bigger picture and implement changes where necessary to meet the growing need for agility and resilience. At the center of many of these changes is a re-tooling which has seen the integration of key digital technologies designed to help businesses cope wit

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The Role of IT in Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Thoughts on Future Challenges and the Strategic Direction of Supply Chain! Supply chain management is an important aspect of every business because it ensures your business gets the supplies, resources, and materials it needs to fulfill services or deliver products to customers. However, the modern supply chain has become increasingly complex and challenging to manage.

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Royal Mail strikes leading up to Christmas

IT Supply Chain

By David Strauss (pictured). VP, Strategic Partner & Enterprise Solutions at e2open. The post Royal Mail strikes leading up to Christmas appeared first on IT Supply Chain.

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Bayer Crop Science Tackles Shipment Visibility

Logistics Viewpoints

At the end of September, I attended FourKites Visibility 2022 in Chicago, IL. As the tagline said, I was there to learn, connect, and be inspired. Those were certainly three things that happened. I was also fortunate to moderate a panel that explored a partnership approach to supply chain optimization. In that panel, I spoke with Johnny Ivanyi, Global Director of Distribution Excellence at Bayer Crop Science and Julie Tokars, Logistics Planner at Nestle USA.

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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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The New Supply Chain Mindset: From Just-in-Time to Just-In Case

Supply Chain Brain

The new generation of consumers is changing demand patterns, making them more unpredictable than ever before.Succeeding under these conditions begins with three simple changes.

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Talking Logistics Posts & Episodes – Plus Indago Highlights (Q3 2022)

Talking Logistics

We’re in the final stretch of 2022. Many of you are busy developing your strategies, plans, and budgets for 2023. What will happen next year? The honest truth is that nobody really knows for sure. And this is especially true when it comes to the transportation market. If we have learned anything the past two. Read more Talking Logistics Posts & Episodes – Plus Indago Highlights (Q3 2022).

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The role of inventory management and inventory optimization in ERP

SYSPRO Smarter ERP

Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. Physical space used by stock comes at a cost – inventory ties up cash and working capital which could be better deployed elsewhere. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.