February, 2023

article thumbnail

Thinking Differently About Supply Chain Resilience

SCM Research

Today I would like to introduce you to our new article entitled Thinking Differently About Supply Chain Resilience: What We Can Learn From Social-Ecological Systems Thinking , which is the result of an exciting collaboration with Mark Stevenson, Steven A. Melnyk, Simin Davoudi, and Lisen Schultz. We argue that the supply chain resilience literature should be expanded to include insights from the social-ecological systems literature.

article thumbnail

ToolsGroup Announces Significant Enhancements To Its Industry-Leading Demand Planning Solution

ToolsGroup

Version 8.60 of ToolsGroup’s award-winning software elevates forecasting and new product launch capabilities and deepens machine learning and AI utilization. BOSTON — February 28, 2023 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, has announced the latest version of its Service Optimizer 99+ (SO99+) software, making major advancements in its forecasting and demand sensing capabilities.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

Ivalua Blog [ivory-search] Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike February 10, 2023 | | Procurement Strategy Mitigating EMEA Inflationary Pressures Through S2P Solutions In the EMEA region, organizations are increasingly facing an uphill battle against inflation – one that can be particularly hazardous when it comes to making procurement decisions.

article thumbnail

To Invest In Resilience, Invest In Suppliers

The Logistics & Supply Chain Management Society

To Invest In Resilience, Invest In Suppliers by Sarah Scudder , Marketing Maven at SourceDay Supply chain disruptions. They’re here to stay. Over the next ten years, disruptions could cost companies half a year’s profits or more, and for most, a single prolonged shock to production could wipe out 30-50% of annual earnings before interest, taxes, and depreciation.

article thumbnail

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.

article thumbnail

9 Step Formula to Reinforce Your FMCG Channel and Distribution Strategy

Enchange Supply Chain Consultancy

Arguably the most important element of any Route to Market strategy for a consumer goods company is its Distribution Strategy. Very often, when results are not coming in, the distributors get the blame and may even be replaced. Too often, their replacements perform in a similar fashion. Why is this?

More Trending

article thumbnail

Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. The pandemic saw incredible growth in this area and highlighted opportunities for improvement within procurement processes and procedures.

article thumbnail

The Green Corridor: Digitise Wisely to Reduce Emissions

The Logistics & Supply Chain Management Society

The Green Corridor: Digitise Wisely to Reduce Emissions by Timothy Foote , Founder of Susymbio Digitisation in the logistics and transportation industry produces efficiency gains for nearly all players in the economy today. Efficiency generally leads to less power being used and therefore less fossil fuels being burned. That said, with our increased productivity there is also an increased volume of services being carried out.

article thumbnail

4 Types of Supply Chain Control Towers

The Network Effect

The post 4 Types of Supply Chain Control Towers appeared first on The Network Effect.

article thumbnail

Belcorp’s Supply Chain Gets a Makeover with ToolsGroup’s Supply Chain Planning Solutions

ToolsGroup

With ToolsGroup’s suite of planning solutions, the cosmetic company wants to balance inventories and service to make better, smarter and faster decisions within its supply chain network. BOSTON — February 23, 2023 — ToolsGroup, a global leader in retail and supply chain planning and optimization software, has been selected by Belcorp , a beauty corporation, to improve its supply chain planning practices for enhanced inventory performance and elevated service levels.

article thumbnail

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?

article thumbnail

The Ongoing Convergence of Logistics and Commerce

Talking Logistics

The traditional lines between software vendors and 3PLs, and between the front-end of e-commerce and the back-end, are all starting to blur and dissolve. I wrote that back in August 2016 in “The Convergence Of Logistics And Commerce (And Social Networking Too).” The post was in response to news at the time that Symphony Commerce. Read more The post The Ongoing Convergence of Logistics and Commerce appeared first on Talking Logistics with Adrian Gonzalez.

article thumbnail

What Does 2023 Have In-Store for Global Supply Chains? Resilience, Efficiency, Responsiveness, or Widespread Dysfunction?

Logistics Viewpoints

Recent events have elevated supply chain to a top priority for CEOs across the globe. The Conference Board ( conference-board.org ), a well-known, global business membership organization, conducted its C-SUITE OUTLOOK survey in the fall of 2021. Its survey results showed supply chain disruptions, labor shortages, and rising inflation to be 3 of the 5 high impact external factors on the minds of CEOs.

Global 262
article thumbnail

The Renewal Logistics Story with Courtney Folk

The Logistics of Logistics

Courtney Folk and Joe Lynch discuss the Renewal Logistics story. Courtney is the Co-Founder and CEO of Renewal Logistics , a full-service apparel fulfillment company that is the largest independent apparel restoration company in the US. About Courtney Folk Courtney Folk is the Co-Founder and CEO of Renewal Logistics, a full service apparel fulfillment company that is the largest independent apparel restoration company in the US.

article thumbnail

Supply Chain Sustainability Q&A: Helping Leaders Navigate Challenges and Think Sustainably

John Galt

In this Q&A, we explore the challenges leaders are facing, and the steps they can take as they endeavor to build more sustainable supply chains.

article thumbnail

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

article thumbnail

What You Need to Know About FSMA 204

The Network Effect

The post What You Need to Know About FSMA 204 appeared first on The Network Effect.

article thumbnail

Why Are Our Supply Chains Broken?

Arkieva

Ever worsening weather, a global pandemic and labor shortages have generated a perfect storm that’s pushed global supply chains to their breaking point. Why Are Our Supply Chains Broken? was first posted on February 8, 2023 at 8:17 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.

article thumbnail

The State of Supply Chain and Logistics Innovation

Talking Logistics

What is supply chain innovation? In a 2013 white paper, the MIT Center for Transportation & Logistics defined supply chain innovation as “the combining and application of a mix of inventions, existing processes, and technologies in a new way that achieves a desirable change in cost, quality, cash and/or service.” A lot has changed over. Read more The post The State of Supply Chain and Logistics Innovation appeared first on Talking Logistics with Adrian Gonzalez.

article thumbnail

A New Kind of Supply Chain Managed Services

Logistics Viewpoints

Supply Chain Resilience Depends Upon End-to-End Visibility Service companies, where one firm takes over a set of duties that used to be done in-house, is quite common. Companies are outsourcing all sorts of things – call centers, janitorial services, accounting, IT services, and the list goes on. In the supply chain world, contract logistics – where a third-party logistics (3PL) firm runs and manages warehouses on behalf of their clients, is a $200 billion plus market.

article thumbnail

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.

article thumbnail

MIT Center for Transportation and Logistics with Chris Caplice

The Logistics of Logistics

Chris Caplice and Joe Lynch discuss MIT Center for Transportation and Logistics and a wide range of logistics and supply chain topics. Chris is a Senior Research Scientist at MIT and serves as the Executive Director of the MIT Center for Transportation & Logistics (CTL). About Chris Caplice Dr. Chris Caplice is a Senior Research Scientist at MIT and serves as the Executive Director of the MIT Center for Transportation & Logistics (CTL) where he is responsible for the planning and managem

article thumbnail

Ask the Experts: What Made You Fall In Love With Supply Chain?

John Galt

We asked industry experts and supply chain influencers what made them fall in love with supply chain. Read their answers!

article thumbnail

4 Ways to Optimize Allocation of Constrained Supply 

Logility

Supply chain issues have put many companies into crisis mode. Avert crises and manage your supply chain more efficiently with optimized allocation of constrained supply. It is challenging to deploy products quickly and efficiently when dealing with insufficient stock to support demand, or when a customer asks for different product compositions or assortments.

article thumbnail

Effect of Change in Replenishment Frequency

Arkieva

This blog breaks down the impact of changing replenishment frequency on inventory and service levels from a mathematical perspective. Effect of Change in Replenishment Frequency was first posted on February 2, 2023 at 8:34 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.

Inventory 147
article thumbnail

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.

article thumbnail

Target and Amazon Sharpen Their Delivery Weapons

Talking Logistics

In December 2013, the Wall Street Journal reported that Home Depot planed to spend “at least $300 million on supply chain, technology and online improvements in the fiscal year that begins in February [2014], including building new fulfillment centers and overhauling its warehouse technology systems” to enable same-day shipping and delivery of orders.

Journal 264
article thumbnail

Cultivate a Stickier Customer Base Using WMS Add-On Technology

Logistics Viewpoints

How 3PLs Can Gain Visibility and a Competitive Advantage Offering Automated Billing and a Self-Service Interactive Customer Portal It’s hard to imagine a third-party logistics (3PL) business today operating without some form of a warehouse management system ( WMS ) connecting the digital dots. Technology’s place in supply chain operations is well established and much appreciated, as it helps improve accuracy, visibility, and efficiency from orders coming in and shipments moving out.

article thumbnail

5 Things Your Carrier Wants with Brian Gibala

The Logistics of Logistics

Brian Gibala and Joe Lynch discuss 5 things your carrier wants. Brian serves as Vice President of Sales at LTI Trucking Services , an asset-based truckload carrier and 3PL specializing in temperature-controlled contract service. About Brian Gibala Brian Gibala is the VP of Sales at LTI Trucking Services, an asset-based truckload carrier and 3PL specializing in temperature-controlled contract service.

St. Louis 215
article thumbnail

3 Approaches to Increase Supply Chain Agility and Take Control of Inventory

John Galt

Discover three approaches that can help you improve supply chain and cashflow agility and gain a more strategic grasp on your inventory.

article thumbnail

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.

article thumbnail

Industrial Manufacturing and the Digital Supply Chain, Part 1

BlueYonder

In a series of blog articles, the Product/Solutions Marketing team explores new business challenges and innovation solutions to change the game and manage disruptions. The following are the insights gained from my discussion with Sunil Roy , who leads Blue Yonder’s Industrial Manufacturing Industry Strategy, during a recent Blue Yonder Live and executive customer events that we prepared for jointly.

article thumbnail

The Ocean Cargo Forecast for 2023: Switching Conditions in the New Year

CHAINalytics

Over the last thirty months, shippers and their suppliers have been through a lot. Costs spiraled out of control, while customer needs were affected by elongated transit times and deteriorating service levels. This is the first post in a three-part series. Over the next three weeks, we’re featuring Chainalytics’ and some guests’- (this week we … The post The Ocean Cargo Forecast for 2023: Switching Conditions in the New Year appeared first on Chainalytics.

article thumbnail

Navigating the Modern Supply Chain with AI-driven Insight

Talking Logistics

The Building Blocks Are Evolving The modern supply chain has always been a mixture of Makers, Movers, and Sellers. These functions are the basic building blocks of our modern supply chain. Makers produce goods to be sold. This may mean taking raw materials, possibly combining them with other ingredients, even adding assembled components, and building.