Sat.Jul 17, 2021 - Fri.Jul 23, 2021

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How Companies Can Break the Hoarding Habit

MIT Supply Chain

A potent reminder of the insecurities associated with Covid-19 is the hoarding of toilet paper by consumers during the early days of the pandemic. We are now witnessing a corporate version of this practice, as supermarkets build inventories in anticipation of product shortages. The motivations are different, but the outcome is similar?—?more acute and longer-lasting shortages.

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How to Optimize Your Profit and Loss with a Demand Driven Supply Network

The Network Effect

The post How to Optimize Your Profit and Loss with a Demand Driven Supply Network appeared first on The Network Effect.

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Reasons your supply chain can’t afford to wait: agility, resiliency & sustainability

IT Supply Chain

By Polly Mitchell-Guthrie (pictured). VP of Industry Outreach & Thought Leadership, Kinaxis. The post Reasons your supply chain can’t afford to wait: agility, resiliency & sustainability appeared first on IT Supply Chain.

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Tata Steel Europe’s Connected Planning Journey

Logistics Viewpoints

Tata Steel Europe Plant in Wales. The steel industry is not easy. A ton of steel can cost as little as $700. A pound of apples costs about the same as a pound of steel, yet steel is a complex product produced using high-tech metallurgical and manufacturing processes. Even before the pandemic the global steel industry was navigating significant disruptions that included steep price competition (China has been investigated numerous times for dumping), soft demand, and tariff issues.

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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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The Shipping Container Impact on Inflation

Freightos

If you were building a house in 2021, things got rough. The cost of lumber skyrocketed from $354 / 1000 board feet in May 2020 up to $1,683 in May 2021 1. And even if you weren’t building a house, you likely felt the same problem echoed across patio furniture, gym gear, and more. Yes, unprecedented consumer demand, and ample money to spend, have continued to push prices and inflation indicators up.

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Supply Chains to Admire 2021

Supply Chain Insights

Abstract. Supply chain is easier to say than define. The Supply Chains To Admire report analyzed improvement, performance, and value for the years 2011-2020. Twenty companies outperform their peer group. Powered By EmbedPress.

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5 Recommendations towards a Resilient S&OP

Logistics Viewpoints

Sales & Operations Planning (S&OP) as a process has been around since the 1980’s. While the terminology evolved, the underlying thesis of S&OP has stayed the same, i.e., bridge the divide between sales forecasts and operational plans while respecting the budget. In general, S&OP consists of a New product review, Demand Review, Supply Review, Management Review and some level of reconciliation between these steps.

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Above the Fold: Supply Chain Logistics News (July 23, 2021)

Talking Logistics

I went for a 42-mile bike ride yesterday morning, part of my Logistics Leaders for T1D Cure cycling team training. At mile 16, I learned that Uber Freight is acquiring Transplace (a Talking Logistics sponsor). It gave me something to think about the rest of the way. Before sharing my initial thoughts, here’s the other. Read more Above the Fold: Supply Chain Logistics News (July 23, 2021).

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FMCG Distribution: Producer & Distributor Route Planning Chaos

Enchange Supply Chain Consultancy

As a general rule, buildings are usually numbered in a structured, sequential way. Numbering usually commences with building 1 at the end of the road which is closest to the city or town centre. Odd numbers on the left and even numbers on the right increase until the end of the road or where the road changes names. Simple.

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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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Classical Supply Chain Management Confronts its Quantum Revolution – the Path to Rapid Intelligent Response (RIR)

Arkieva

COVID-19 direct and ancillary events have made clear that uncertainty is an inherent part of the demand-supply network structure. Every firm, on a regular basis, faces “risk situations such as manufacturing excursion, unexpected new demand or loss of demand, component supplier interruption, etc. This has placed risk management and rapid intelligent response (RIR) front and center in SCM discussions.

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Top 18 Business Acumen Skills You Should Master

SCMDOJO

How do you attain the skills required for success in your current job and future career? A trustworthy approach to getting career advancement or growing your business is to acquire business acumen skills. Industry or sector is less relevant when it comes to these skills, as they get the most significant business running effectively. It. Continue reading.

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Supply Chain Blind Spots: Where They Occur, and How to Deal With Them

Supply Chain Brain

Global supply chains frequently encounter blind spots, such as failing to anticipate trade disruptions and supplier risk. The result is significant challenges for manufacturers and their customers, which neither can afford.

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How to Become a Professional Bitcoin Trader!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What to Look for Before Investing and Storing Bitcoin! Bitcoin trader article and permission to publish here provided by Jean Nichols. Bitcoin is an open software complex on blockchain technology. Bitcoin was invented by a Japanese group named Satoshi Nakamoto, whose identity is completely anonymous.

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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 IT Service Providers Can Prove Their Worth To Potential Clients

IT Supply Chain

By Jessica Sweet (pictured). Content Writer at makeLifeSweeter.com. The post How IT Service Providers Can Prove Their Worth To Potential Clients appeared first on IT Supply Chain.

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Businesses need to listen to what is going on around Working forms.

Prophetic Technology

Europe has always set the path to innovative forms of Working , creating entirely new categories of jobs; they are at the front of human rights rules, preventing the worker from exploitation by their employers, a practice that continues these days. In addition, they experimented with different forms of business ownership, with a state - owned enterprise ( SOE ) formed by the government to participate in commercial activities and corporate structures that require businesses to consider their empl

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Watch: Why Slavery in Supply Chains Grew During the Pandemic

Supply Chain Brain

Ingrid Verschuren, head of data strategy with Dow Jones, reveals the findings of research showing a surge in modern slavery during the lockdown prompted by the COVID-19 pandemic.

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Enhance Your Bitcoin Mining Expedition Profit!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Mining! The Backbone of Bitcoin Technology. Bitcoin mining expedition article and permission to publish here provided by Jean Nichols. Bitcoin is only availed by two progressions. The foremost one is buying bitcoin from a trustable exchange, and the second one is bitcoin mining. However, bitcoin mining majorly aims to verify bitcoin transactions in order to remove the possibility of double-spending in the bitcoin complex.

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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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Consumer confidence doesn’t mean brands should get complacent

IT Supply Chain

By Brian Atkinson (pictured). Vice President & General Manager EMEA, Five9. The post Consumer confidence doesn’t mean brands should get complacent appeared first on IT Supply Chain.

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Embracing Smart Automation is a Win-Win

Americold

Automation is by no means a new concept. The word – and its execution origin – date back to the days of Henry Ford. Early automation consisted of using machines to perform relatively easy and repetitive tasks on a production line. [i] Today though, automation expands beyond manufacturing with physical advancements and incorporation of artificial intelligence.

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Building Resiliency Through Supply Chain Visibility

Supply Chain Brain

A pandemic. A cargo ship catastrophe in the Suez Canal. Shortages across industries. Since we can expect disruption to be a constant part of supply chain management, organizations need to build resilient supply chains that are ready for anything.

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Small Business Cost Cutting: A Short Guide!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Cost Cutting! Brute Force or An Intelligent Program? Small business cost cutting article and permission to publish here provided by Carol Trehearn. When it comes to cost-cutting in smaller businesses, you need to think very carefully. Not just because one bad investment could put your business in extreme difficulty, but also because you need to figure out what is a good deal or a bad deal pretty much on your own.

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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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How to rid the negative thoughts & follow five simple steps to start your own business

IT Supply Chain

By Michelle Bisset (pictured). VP Small Business Segment, Sage. The post How to rid the negative thoughts & follow five simple steps to start your own business appeared first on IT Supply Chain.

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Named and Unnamed Storms and Watching the Horizon

QAD

I live on the coast of North Carolina and in my part of the world it is officially hurricane season. Every year from June 1 until November 30 there is a constant watch of the Atlantic Ocean as tropical depressions form and some strengthen into hurricanes. In the early 1950s, the U.S. National Hurricane Center first developed a formal practice for storm naming for the Atlantic Ocean.

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How to effectively manage the cost of supply chain disruptions

Supply Chain Brain

Manufacturers across the globe experience difficulties ranging from quality and sustainability, risk mitigation and customer expectations as a result of the global pandemic. Join us for a roundtable discussion on best practices and how to anticipate the next disruption in your supply chain.

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How to Earn Money Through Bitcoin!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Earn Money with Bitcoin! Earn money through Bitcoin article and permission to publish here provided by Jean Nichols. Undoubtedly bitcoin is a scorching cryptocurrency preferred by almost every attendee of the cryptocurrency industry. Bitcoin has processed a considerable return of investment of every investor sine the passing decade; the fact might amaze you at the instance of foremost bitcoin purchase.

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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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ONS retail figures: are pre-pandemic retail levels here to stay?

IT Supply Chain

By Melissa Minkow (pictured). Retail Industry Lead, CI&T. The post ONS retail figures: are pre-pandemic retail levels here to stay? appeared first on IT Supply Chain.

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Evans Distribution Systems Named Top 100 3PL for 19 Consecutive Years

3PL Insights

MELVINDALE, Mich. July 19, 2021 — Evans Distribution Systems, a third-party logistics provider, has been recognized as a “Top 100 3PL Provider” by Inbound Logistics for the 19th consecutive year. This recognition is an indication to our customers and our employees that Evans continues to provide innovative 3PL services at the highest level of quality and care.

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Driving Down Supply Chain Emissions Before Carbon Taxes Hit

Supply Chain Brain

With help from satellite data and machine learning, organizations can calculate and monitor their supply chain carbon emissions.