Sat.Jun 15, 2024 - Fri.Jun 21, 2024

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Distributor Selection - Mastering the Assessment Phase

Enchange Supply Chain Consultancy

In my last Article and Post I presented a Simple Guide to Selecting and Engaging Distributors using the the A-B-C of Route to Market. As a reminder of the A-B-C of Route to Market , my aim is to simplify the world of RtM into a series of three steps that any RtM practitioner can execute. I would like the message to be actionable by all professionals be they small business owners trying to find new export markets, commercial heads of large multinationals or RtM management consultants.

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Impact-Driven Decision Making in Decision-Centric Planning: Why Optimizing to a Goal Matters 

ToolsGroup

Imagine setting out on a cross-country road trip without a destination. Sure, you might see some interesting sights along the way, but without a clear endpoint, how will you know when you’ve arrived? Now, instead picture the same journey with a specific destination in mind. Every turn, rest stop and fuel stop is planned to get you closer to that endpoint efficiently and effectively.

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Editor’s Pick: Is Your Transportation Management System Adequate or Extraordinary?

Talking Logistics

Note: Today’s post is part of our “Editor’s Pick” series where we highlight posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This recent post by Mike Mulqueen from JBF Consulting’s blog highlights how to maximize your investment in a transportation management system (TMS).

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Heineken Innovates with Centralized Planning Tools

AIMMS

With AIMMS, Heineken continues to advance its supply chain planning capabilities, achieving greater efficiency and sustainability.

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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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ESG in Supply Chain

Logistics Viewpoints

Acronyms abound when it comes to supply chain. AT Logistics Viewpoints, we cover a wide range of these acronyms, including AS/RS , DOM , GTC , SCP , TMS , and WMS to name a few. Over the last few years, another acronym has been showing up on the radar: ESG. ESG stands for environmental, social, and governance, and is a framework that evaluates a company’s performance and ethical behavior.

More Trending

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Why Zero Sales Come In (At Least) Two Kinds

BlueYonder

Summary: In retail forecasting, zero-sales events require special attention when training and applying demand models. It is difficult to find out ex post whether a zero-sales-event truly witnesses vanishing demand on a given day (as in “nobody took that product from the shelf”), or whether the predicted product was simply not available (as in “the product was not even put onto the shelf”).

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Happening Now: Canadian border agents to vote on a four-year agreement

West Coast and California Logistics

According to Supply Chain Dive , Canadian border agents will vote on a new four-year labor agreement with the government between June 20 and July 4. The union's negotiating committee has recommended ratifying the deal, which follows two years without a contract for the over 9,000 members of the Canada Border Services Agency.

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Solving Your IBP Problems With the World’s First IBP GPT

Supply Chain Trend

Over the weekend I made my first GPT. It’s an IBP GPT, maybe the world’s first. Although you can make GPT’s more sophisticated, you can start rather simple. That’s what I did. I took an open AI membership, created a GPT, wrote a prompt, wrote four prompt indicators. Told it to be friendly and gave it some other guidance. My aim was to help an IBP user brainstorm some solutions to a typical problem during an IBP cycle.

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Circular Economy Approaches to Disposable Food Packaging: Closing the Loop in the Supply Chain

All Things Supply Chain

Critics of cradle-to-grave sustainability efforts have long hoped for simple, and easier alternatives when it comes to food packaging. Fortunately, the circular economy offers the perfect solution.

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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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Above the Fold: Supply Chain Logistics News (June 21, 2024)

Talking Logistics

You and me, we come from different worldsI shave off all my hair and you have lots of curls 27 years ago tomorrow, my wife and I were introduced as Mr. & Mrs. for the first time. We came running into the ballroom holding our hands up high, as our family and friends clapped and. Read more The post Above the Fold: Supply Chain Logistics News (June 21, 2024) appeared first on Talking Logistics with Adrian Gonzalez.

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This Week in Logistics News (June 15 – 21)

Logistics Viewpoints

The boys are back! Sixteen years to the day, the Boston Celtics are once again NBA champions after dismantling the Dallas Mavericks in five games. The Celtics have been on the cusp of a championship the last few years, but the naysayers continued to say that Jayson Tatum and Jaylen Brown could not coexist. But this season, and post-season in particular, the two of them proved their critics wrong, showing the NBA and the rest of the world just what the dynamic could do.

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4 Trends in Freight Brokerage with Kevin Hill

The Logistics of Logistics

Kevin Hill and Joe Lynch disucss 4 trends in freight brokerage. Kevin is the Owner of Brush Pass Research , a sales and marketing research firm that helps companies sell to freight brokerages across North America. Summary: 4 Trends in Freight Brokerage Kevin Hill of Brush Past Research joins the Logistics of Logistics podcast to discuss the growth, evolution, and current state of the freight brokerage industry.

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Forecasting the Long Tail and Intermittent Demand

ToolsGroup

Items with intermittent, unpredictable or “long tail” demand are a growing part of business. You don’t have to be an internet retailer like Amazon to see it. Companies are dealing with more slow moving items with unpredictable demand patterns. This is making demand forecasting and inventory management more difficult, and the ability to recognize predictive demand signals more vital.

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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 New Visibility: Unlocking Multi-Tier Transparency and Traceability

Talking Logistics

During the significant disruptions caused by the Covid pandemic, many companies learned that they really didn’t have good visibility across their end-to-end supply chains — especially not beyond their Tier 1 suppliers and partners. Fast forward to today, having multi-tier transparency and traceability is even more important. What trends are driving this requirement?

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Nearshoring and Tech Solutions: A New Era for Supply Chains

C3 Solutions

Discover why nearshoring is gaining traction in 2024 as companies seek to mitigate supply chain risks. Download our whitepaper for detailed insights!

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Blue Yonder Named a Leader in Both IDC MarketScapes for Worldwide Warehouse Management and Transportation Management Systems Applications 

BlueYonder

This blog was cowritten by Solutions & Industry Marketing leaders Terence Leung, Clint Reiser, and Jen McQuiston. Blue Yonder has been named as a Leader in the inaugural IDC MarketScape: Worldwide Warehouse Management (WMS) 2024 Vendor Assessment (doc #US49948523, April 2024) and the inaugural IDC MarketScape: Worldwide Transportation Management Systems (TMS) Applications 2024 Vendor Assessment (IDC #US51982224, April 2024).

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Key Insights from Gartner Supply Chain Symposium/Xpo™ 2024: Rethinking the Future of Supply Chain

ToolsGroup

Last week at the Gartner Supply Chain Symposium/Xpo™ 2024 conference in Barcelona, the supply chain community gathered for one of the most anticipated events of the year. Industry leaders, innovators, and professionals came together to explore the latest trends, technologies, and strategies that are shaping the future of supply chain management. The conversations were both dynamic and thought-provoking, reflecting the complex and rapidly evolving nature of global supply chains.

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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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Three Ways That Prescriptive Analytics Boosts Supply Chain Resilience

Supply Chain Brain

S upply chain leaders today can not only analyze the past and present to determine the likelihood of outcomes, but can also look to the future to manage them — a practice known as prescriptive analytics.

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ONS Retail Figures Comment: Summer of sport encouraging retail spending, brands need their house in order

IT Supply Chain

By Steve Ponting (pictured) Director, Software AG The post ONS Retail Figures Comment: Summer of sport encouraging retail spending, brands need their house in order appeared first on IT Supply Chain.

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What’s Your Returns Strategy?

BlueYonder

Our research reveals 63% of merchants consider returns a significant problem for their business. With high processing, sorting, and restocking costs and ever-rising return rates, it’s clear that returns are implicated in many of the challenges that retailers face today. The simple truth is that returns are an inevitable part of the shopping experience.

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Simple is Good, Except When It Isn’t

The Smart Software

In this blog, we are steering the conversation towards the transformative potential of technology in inventory management. The discussion centers around the limitations of simple thinking in managing inventory control processes and the necessity of adopting systematic software solutions. The post Simple is Good, Except When It Isn’t appeared first on Smart Software.

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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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Watch: Three Prominent Trends in Global Supply Chains

Supply Chain Brain

AI, digitization and orchestration are among the most important developments in supply chain today, says Omer Rashid, vice president of operations development at DHL Supply Chain.

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What are the Best OSINT Methods to Investigate Snapchat?

IT Supply Chain

By John Hampton (pictured) Content Writer The post What are the Best OSINT Methods to Investigate Snapchat? appeared first on IT Supply Chain.

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Forecasting Evaluation Pitfalls

BlueYonder

In Part 1 of this blog post , we introduced censored sales probability distributions. Let’s now get our hands dirty and see what finite capacity means in practice. We start by pointing out subtle pitfalls that one might inadvertently fall into in order to then share how we typically solve the situation. Mistaking sales for demand Your manager might ask you to just ignore this blog post entirely to obtain both a “first simple model” and a “rough estimate of the model quality.

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Unveiling Hidden Flows and Ensuring On-Time Delivery

Demand Driven Technologies

A supply chain, industrial operations or distribution operations, is above all a flow. We start with raw materials, and a few steps later we have a finished product that meets a market need. That “a few steps later” is sometimes an understatement. I remember a crisis cell when I worked in electronics, because we were.

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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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Watch: How Do You Get Started on Your Supply Chain Risk-Management Journey?

Supply Chain Brain

When vetting potential suppliers and customers, it's vital to assess their risk-management profiles and strategies, says Danny Thompson, chief product officer at apexanalytix.

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Balancing Large Language Model Adoption With Robust API Security

IT Supply Chain

By Steven Duckaert (pictured) Director of Customer Success EMEA and APJ, Noname Security The post Balancing Large Language Model Adoption With Robust API Security appeared first on IT Supply Chain.

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Holes and Drills and the Duality of AI for Manufacturers

QAD

There is a longstanding marketing philosophy reflected in Harvard professor Theodore Levitt’s quote, “Sell the hole, not the drill.” The premise is that as a consumer, the outcome, the hole, is the goal. Accomplishing the goal without the cost or burden of owning and maintaining a drill is often optimal. The Current State of AI for Manufacturing Is the current state of AI for manufacturing a drill or the hole?