February, 2022

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How to Budget for Supply Chain Sustainability

Logility

Many business leaders say they can’t afford sustainability initiatives, but looming risks indicate that this is an investment you can’t afford to ignore. Key takeaways. Businesses need to prioritize supply chain sustainability On average, businesses have over 10 times more greenhouse gas emissions in their supply chains than the rest of their operations Businesses should identify areas where they can make small or incremental changes In addition to thinking about the cost of imple

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The 2022 Chicken Shortage: What the Cluck is Going On?

ToolsGroup

By this stage in the pandemic, most of us have felt the effects of a globally disrupted supply chain and inventory shortages in some way or another. We all have that one item that keeps disappearing from our local market. For me, it’s Coke Zero and mango mochi. While these minor outages go unnoticed by the majority of people, when it comes to the shortage of a staple like chicken, people notice.

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LTL Industry Trends and Tips for 2022

GlobalTranz

In our recent GlobalTranz 2022 Logistics and Supply Chain Trends and Outlook white paper, our experts review some of the factors that will shape logistics in the coming year and beyond. It covers macro trends in the LTL, Truckload and Managed Transportation Service sectors and the lingering effects of the COVID-19 pandemic. In this post, we’ll do a deep dive into less-than-truckload (LTL) industry trends to watch for 2022, and highlight actions that shippers should consider to guide their strate

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What Industry Leaders Have to Say About Virtual Twins in Manufacturing

DELMIA Quintiq

This blog is based on Dassault Systèmes’ partnership with IndustryWeek on conducting a midyear survey of industry leaders to gain a better understanding of how virtualization technologies are helping them adapt to these changes. Today, change is the only constant, and success depends on the ability to adapt quickly and efficiently. The past year and a half saw manufacturers face unprecedented challenges resulting from global disruptions, to which they responded by repurposing or developing

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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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Beware the Swinging Pendulum on Supply Chain Inventory Practices

Logistics Viewpoints

Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Calls are increasing for a return to just-in-case (JIC) policies, with some citing this trend as a risk.

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The Difficulty of Measuring Scope 3 Emissions

Talking Logistics

At its January 20th shareholder meeting, almost 70% of Costco’s shareholders voted yes on a proposal that calls on the company to set “short, medium, and long-term science-based greenhouse gas emissions reduction targets” to achieve net-zero emissions by 2050. When the proposal was first introduced, Costco’s board of directors opposed it. In a December 2021.

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Amazon Prime’s Price Increase: What it Means for Retail (And Why I’m Rethinking My Subscription)

ToolsGroup

Oh Amazon. Once upon a time, you brought me so much joy. While some orders still delight, a few recent purchases have left me faltering when it comes to your customer experience. And now, you’ve decided to raise the price of my Prime subscription. Is it time to reconsider the subscription I once would have given life and limb for? Amazon Prime’s Price Increase: The Facts at a Glance.

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The Network Effect 1: Driving Value Across the Supply Chain Ecosystem

The Network Effect

The post The Network Effect 1: Driving Value Across the Supply Chain Ecosystem appeared first on The Network Effect.

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5 Ways CPG Companies can Appeal to Conscious Consumers

DELMIA Quintiq

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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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What Makes a Truly Agile and Resilient Supply Chain?

Logistics Viewpoints

Last year, many in the supply chain technology industry were warning companies all over the globe to prepare for the unknown. We didn’t know how long COVID-19-related shutdowns, and the ensuing port congestion and crunch on carrier capacity, would last. It now seems that port congestion and capacity issues will persist throughout the year. There is optimism around the corner, but a sunny outlook isn’t enough; it’s past time for supply chain leaders to transform their supply chains to become more

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The Green Corridor – Optimal Tech for Green Logistics – Making Emissions Visible

The Logistics & Supply Chain Management Society

When I was advised that this month’s LogiSYM Magazine would have some focus on digitization, I immediately thought about the absence of greenhouse gas (GHG) emissions data in our everyday life. Accounting systems and other operational management systems simply don’t bother to measure waste and in particular, GHG emissions. Because tech investment in most large companies is made over years and years, the ability to accommodate for emissions data is usually something that has to be done outside of

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You’ve Been Hacked! The Growing Threat of Supply Chain Cyber Attacks

Talking Logistics

Remember AOL’s “You’ve Got Mail” greeting from the 90s when you started your computer and connected to the internet? It was a happy greeting, one you looked forward to getting every morning, unlike the greeting many people and companies are getting today when they log on to their computers and systems: “You’ve Been Hacked!” Just. Read more You’ve Been Hacked!

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REPOST: The True Cost of OTIF Failure with Andrew Lynch

The Logistics of Logistics

The True Cost of OTIF Failure with Andrew Lynch. Andrew Lynch and Joe Lynch discuss the true cost of OTIF failure. OTIF means on time and in full , where the customer receives the completed order when they wanted it and, in the quantity, ordered. OTIF is a key supply chain metric. It is generally calculated as a percentage of total deliveries that were complete and on time.

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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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How We Stubbed Our Toe in The Evolution of S&OP

Supply Chain Shaman

I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. When my flight canceled, I was en route to the annual AMR conference in Phoenix. The floor was the only place that I could find to write for what turned out to be a ten-hour flight delay. (I wrote many reports on airport floors in those days–electrical plugs were just too scarce.

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Bridging the Gap Toward the Factory of the Future

DELMIA Quintiq

This blog features excerpts from the Manufacturing Leadership Journal’s article, “ Leveraging Digital Twins to Accelerate the Journey to Factory of the Future. “ When the pandemic disrupted the operations of manufacturing companies and their supply chains, many organizations were forced to reexamine their strategies. For example, on how to secure business continuity.

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Companies Improve their Supply Chains with Artificial Intelligence

Logistics Viewpoints

Machine Learning, a Form of Artifical Intelligence, Has Feedback Loops that Improve Forecasting. Many large enterprises use one form or another of a supply chain application to help manage their supply chains. Supply chain vendors have been touting their investments in artificial intelligence (AI) for the last several years. In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry.

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The Machine Learning Trap or How to Tell if You’ve Got the Right Waiter

The Logistics & Supply Chain Management Society

Almost every progress-oriented company wants it right now: artificial intelligence (AI). No, actually everyone wants machine learning, which is almost synonymous for many people. The feeling on the executive floor is often: that’s just the way things are done today, after all, we don’t want to be left behind by the competition. Such a drive may initiate necessary transformation, but sometimes it also obscures the view of the things that are actually needed to move forward.

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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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Why Expand the Definition of Supply Chain Visibility?

Talking Logistics

During the pandemic, shortages of components for high-tech devices and automotive products have proliferated. Why? One reason is that it’s not easy for most manufacturers to have visibility into the process before finished goods are shipped. For years, supply chain technology companies have touted real-time shipment visibility, or even promised complete supply chain visibility, while.

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REPOST: Freight Tech Trends with Mike Mulqueen

The Logistics of Logistics

Freight Tech Trends with Mike Mulqueen. Mike Mulqueen and Joe Lynch discuss freight tech trends. Mike is a Partner and Strategy Practice Lead at JBF Consulting a company that integrates a supply chain execution strategy and systems for logistics-intensive companies. About Mike Mulqueen. Mike Mulqueen is a Partner and Strategy Practice Lead at JBF Consulting.

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Uncanny. The US GDP in 2021 grew at an unexpected rate of 5.7% in the second year of the pandemic. To understand the phenomenon , the 2019 GDP was 2.16%. Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports.

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Gartner Supply Chain Symposium/Xpo

ivalua

The post Gartner Supply Chain Symposium/Xpo appeared first on Ivalua.

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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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Manhattan Associates Talks Global Supply Chains, Trends, and Sustainability

Logistics Viewpoints

Last week, I had the opportunity to speak with Eddie Capel, CEO of Manhattan Associates. During our conversation, Eddie and I spoke about the changing nature of global supply chains in the face of the ongoing Covid pandemic as well as the continuing surge of e-commerce. I asked Eddie to give his insights on a few key points. First, what is the current state of supply chain technology?

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Singapore’s largest fully automated cold storage at Tee Jia Food Hub

The Logistics & Supply Chain Management Society

SSI SCHAEFER On Track to Open Singapore’s Largest Fully Automated Cold Storage at Tee Yih Jia Food Hub in Q1 2022. SSI SCHAEFER, the global leader of warehouse and logistics solutions, and Tee Yih Jia Food Manufacturing Pte Ltd (“Tee Yih Jia” or “TYJ”), a leading frozen foods manufacturer, are set to launch Singapore’s largest automated rack-clad high bay warehouse storage facility in Q1 2022 at Tee Yih Jia’s new $450 million production facility in Senoko – the “Tee Yih Jia Foo

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Above the Fold: Supply Chain Logistics News (February 4, 2022)

Talking Logistics

It’s Friday. 1/12th of 2022 is over. It’s sleeting outside. I’m not sure if there’s a connection between those things, but those are the only three pennies rattling around in my glass jar brain this morning. So, let’s move on to the supply chain and logistics news that caught my attention this week: Port Congestion. Read more Above the Fold: Supply Chain Logistics News (February 4, 2022).

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The Open Deck Market with Jacob Mcleod

The Logistics of Logistics

The Open Deck Market with Jacob Mcleod. Jacob Mcleod and Joe Lynch discuss the open deck market. Jacob is the President at EXO Freight, the first managed marketplace built for open deck shippers and carriers. About Jacob Mcleod. Jacob Mcleod , Graduate of University of Michigan, began a logistics career at Con-way Multimodal learning the industry from the floor.

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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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6 Ways Technology Makes the Supply Chain More Efficient

The Network Effect

The post 6 Ways Technology Makes the Supply Chain More Efficient appeared first on The Network Effect.

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Truckload Market Trends to Watch in 2022

GlobalTranz

While we’re happy to leave 2021 in the rearview mirror, many of the same trends will impact the truckload market in 2022. In our white paper, 2022 Logistics and Supply Chain Trends and Outlook , we cover many of the lingering effects of the past two years, and the newest challenges truckload shippers can expect to face in the year ahead. Last year, truck capacity demand reached historic highs due to a combination of factors, including ongoing equipment and labor shortages.

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Inventory Management in a High Inflation Environment

Logistics Viewpoints

Inflation’s effects on inventory management policies are likely far from top of the mind of Logistics Viewpoints readers in today’s challenging times. However, today’s elevated rate of inflation warrants a closer look at optimal inventory policies. Earlier this month my colleagues and I published our 2022 Supply Chain Predications. One of my predictions within that article is that inflation will hinder supply chain resiliency efforts.