ToolsGroup

JULY 19, 2023

The term “digital twin” is a little mysterious. And the application of one even moreso. A digital twin is a model that can be created for a number of things – a jet engine, a factory, even a human heart. But here, we’ll be talking about supply chain digital twins. A supply chain digital twin is a complete model of your supply chain that allows you to run what-if scenarios and determine the most efficient use of resources for fulfilling demand.

Real-time Visibility 295

Real-time Visibility Supply Chain Planning Software Modeling Scenario Planning 295

The Logistics & Supply Chain Management Society

JULY 16, 2023

The 8 Personas of Highly Effective Leaders Opinion Editorial by Rajesh Achanta , Vice President -Supply Network Operations, Asia Pacific, Middle East & Africa (AMA) at P&G I recently had the opportunity to share with thought leaders and supply chain professionals at LogiSYM Asia Pacific in Singapore,on how organisations can work on Leveraging Digital Capabilities in the Go-To-Market Supply Chain to Create Shareholder Value.

Singapore 130

Singapore Agile and Lean Supply Chain Supply Chain Design Asia 130

Logistics Bureau

JULY 18, 2023

There are things that make your distribution no longer efficient. If you haven’t looked at your distribution in the last 5 years or so. I urge you to review it! Watch the video below to find out why! Related articles on this topic have appeared throughout our website, check them out: How to Operate Your Distribution Truck Fleet at Less Cost The 7 Principles of Warehouse and Distribution Centre Design 7 “Costequences” of Distribution Network Misalignment Do You Know the Signs of Poor Distri

Distribution 81

Distribution Network Design Video Supply Chain Design 81

Logility

JULY 20, 2023

Good forecasting leads to good demand planning —and good demand planning means better profitability. That’s why it’s essential to be sure you’re equipping your organization with the right demand planning software. When you choose the right solution, you can stay ahead of fluctuations in customer demand, achieve high levels of forecast accuracy, handle seasonality, and drive collaboration across supply chain stakeholders.

Supply and Demand 184

Supply and Demand Supply Chain Planning Software Demand Planning Software Forecasting Software 184

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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.

Supply Chain Strategy

Logistics Viewpoints

JULY 19, 2023

Supply chain sustainability can mean a lot of things to a lot of people. As I have written about before, supply chain sustainability , or the notion of going green, is a hot topic as companies and countries look at their overall carbon footprint and look for ways to be more environmentally friendly. A few ways companies can begin to offset their carbon footprint is to take a deeper look at product packaging, energy efficiency, alternative fuels, route optimization, and returns and recycling pro

Sustainability 210

Sustainability Optimal Sourcing Logistics Material Savings 210

The Logistics of Logistics

JULY 17, 2023

Brian Kempisty and Joe Lynch discuss the state of containerized shipping. Brian is the Founder of Port X Logistics , a transportation company that specializes in expediting containerized cargo throughout the U.S. and Canada. About Brian Kempisty Brian Kempisty is the Founder of Port X Logistics, a transportation company that specializes in expediting containerized cargo throughout the U.S. and Canada.

Shipping 217

Shipping Canada Logistics Network Optimization Software Cargo 217

AIMMS

JULY 19, 2023

Product segmentation strategies trigger leaders to rethink their supply chain optimization plans, by focusing on cost-efficiency, service, and sustainability.

Cost Reduction Strategies 156

Cost Reduction Strategies Price Mitigation Strategies Supply Chain Optimization Supply Chain Strategy 156

Talking Logistics

JULY 17, 2023

This past March, in the aftermath of the Silicon Valley Bank collapse, the Wall Street Journal reported that “Corporate information technology leaders say they are reassessing vendor relationships and putting greater emphasis on risk management.” How receptive is your company to working with supply chain and logistics software startups? We asked members of our Indago.

Supply Chain Software 193

Supply Chain Software Logistics Network Optimization Software Software Supply Chain 193

The Logistics & Supply Chain Management Society

JULY 16, 2023

Risk Management in Global Ocean Context Feature Article by LSCMS Shippers Council Rates have gone down massively in most trade lanes; congestion has eased, and capacity seems sufficient in most sectors. All of this despite the ever-prevailing threat of blank sailings and continuous reconfiguration of sailings by carriers. It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal.

Risk Management 130

Risk Management Global Price Reduction Inventory Reduction 130

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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?

Optimal Sourcing

Logility

JULY 21, 2023

Sales and operations planning (S&OP) was created way back in the 1980s. But it is relevant to today’s world of supply chain disruptions and uncertainty? S&OP has long served as an effective means of balancing supply and demand through integrating multiple functions of the business, with the goal of maintaining visibility into ever-changing customer demand.

Supply Chain Planning Software 199

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Software 199

Logistics Viewpoints

JULY 17, 2023

Growing protectionism and modernized trade enforcement are significantly affecting importers and exporters. Increased protectionism is leading to increases in landed costs for imported products. Better systems at customs agencies can lead to increases in cycle times for companies that are not on top of the complex documentation requirements associated with trade.

Supply Chain Planning Software 204

Supply Chain Planning Software Optimization Software Supply Chain Strategy Supply Chain Software 204

Talking Logistics

JULY 21, 2023

Next week at this time I will be in Burlington, VT with some of my Logistics Leaders for T1D Cure teammates. The next day we will cycle 100 miles in support of JDRF and its vision of creating a world without type 1 diabetes (T1D). If you’re a longtime follower of Talking Logistics, you already. Read more The post Above the Fold: Supply Chain Logistics News (July 21, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

Logistics Network Optimization Software 240

Logistics Network Optimization Software Logistics Supply Chain Software Supply Chain 240

The Logistics & Supply Chain Management Society

JULY 16, 2023

Leveraging the Seismic Shifts in the Global Regulatory Landscape Feature Article by Abhishek Kishore , Managing Director – International for OCR Services Inc. Today’s volatile geopolitical climate and game-changing disruptors like the global Corona virus pandemic have driven seismic shifts in the global regulatory landscape. Nations are regularly remapping their foreign policies while entire industries are rethinking how they do business across borders.

Global 234

Global Supply Chain Software Pharmaceutical India 234

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

Optimal Sourcing

Logility

JULY 21, 2023

Supply chains large and small are under siege by constant supply chain disruption. Companies find themselves struggling to serve customers, source materials, manage costs, handle supply constraints and shortages and, above all, gain visibility into what’s next. Thanks to technology, however, the headlines aren’t all bad. The latest generation of sales and operations planning (S&OP) applications are providing better tools for managing supply chains internally.

S&OP 192

S&OP Supply Chain Design Software Supply Chain Planning Software Supply and Demand 192

The Logistics of Logistics

JULY 21, 2023

Gabe Pankonin and Joe Lynch discuss residential LTL delivery perfected. Gabe is the CEO of Rocket Shipping , a full-service logistics provider focusing on 4 core competencies: LTL shipping, white glove/ home delivery, full truckload management, and technology/integrations. About Gabe Pankonin Gabe Pankonin is the CEO of Rocket Shipping, a full-service logistics provider based in Fargo, North Dakota.

Logistics Network Optimization Software 196

Logistics Network Optimization Software North Dakota Agile and Lean Supply Chain Minnesota 196

Talking Logistics

JULY 19, 2023

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 July 2023 post from Uber Freight’s blog compares current trucking spot rates to carrier operating costs and what the current environment.

Sustainability 218

Sustainability Freight Logistics Supply Chain 218

ToolsGroup

JULY 18, 2023

Over 60 companies have benefited from the close collaboration and supply chain expertise of these two industry powerhouses – who show no signs of slowing down. BOSTON and STOCKHOLM – July 18, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, and Optilon, the leading supply chain solution consulting organization in the Nordics, are proud to celebrate 15 years of partnership, collaboration, and delivery excellence in the realm of supply chain managem

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Software Supply Chain Planning 156

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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.

How To

Logility

JULY 18, 2023

AI, Artificial Intelligence, is a word being thrown around these days to garner attention with little regard for if the usage is accurate. The true trending conversation is deeper and specific to Generative AI. But what does Generative AI really mean, especially for Supply Chain Planning? Let’s start at the foundation of artificial intelligence. AI is a computer algorithm that behaves like biological intelligence based on historical data and information.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Forecasting Software 130

Enterra Insights

JULY 18, 2023

In Samuel Taylor Coleridge’s “ The Rime of the Ancient Mariner ,” the bard describes the distress of mariners floating upon a windless ocean under a withering sun and running out of supplies (including water). One of the most famous stanzas from that poem is: Water, water, everywhere, And all the boards did shrink; Water, water, everywhere, Nor any drop to drink.

Resource Reduction 130

Resource Reduction Industry Industrial Waste Reduction 130

The Logistics & Supply Chain Management Society

JULY 16, 2023

Risk Management in Halal Supply Chains Feature Article by Dr. Marco Tieman , Chief Executive Officer at LBB International Background According to the 2022 State of The Global Islamic Economy Report, the global Islamic economy is an estimated USD 2 trillion industry consisting of the following key industries: halal food, modest fashion, media & recreation, travel, pharma, and cosmetics.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

Arkieva

JULY 18, 2023

Predicting the future is difficult, yet forecasting remains a critical tool for businesses to plan and prepare for what lies ahead. Why Planning Forecasts Are Wrong and What You Can Do About It was first posted on July 18, 2023 at 10:06 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

Forecasting 148

Forecasting Forecasting Software Supply Chain Planning Software Supply Chain Planning 148

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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.

Supply Chain Planning Software

Logistics Viewpoints

JULY 20, 2023

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. Today’s article comes from Matt Elenjickal, Founder and CEO at FourKites, and looks at redefining real-time visibility. When you look at the real-time supply chain visibility market of several years ago, it was all about solving or addressing foundational use cases: Where’s my shipment?

Real-time Visibility 143

Real-time Visibility Optimal Sourcing Inventory Reduction Supply Chain Visibility 143

ToolsGroup

JULY 19, 2023

The Italian consumer goods company applies ToolsGroup’s probabilistic forecasting and inventory optimization across its expansive network to enhance customer experience and business value. BOSTON – July 20, 2023 – ToolsGroup , a global leader in supply chain and retail planning and optimization software, is thrilled to announce it has been selected by Legami , the Italian consumer goods company, to support its supply chain enhancement initiatives for heightened customer satisfaction and business

Supply Chain Planning Software 120

Supply Chain Planning Software ToolsGroup Supply Chain Planning Forecasting 120

The Logistics & Supply Chain Management Society

JULY 16, 2023

The Critical Intersection of Humanitarian Logistics and Food Supply Chains Feature Article by Shereen Nassar , Global Director of Logistics Studies and Director of MSc Logistics and Supply Chain Management Suite at Heriot-Watt University Dubai Despite food being a basic human right, the World Food Program (WFP) anticipates that the number of individuals experiencing food insecurity in 2023 will be around 345.2 million, which is over two times the figure in 2020.

Supply Chain Planning Software 130

Supply Chain Planning Software Food Supply Chain Software Agile and Lean Supply Chain 130

CHAINalytics

JULY 17, 2023

Supply planning in the seed industry affects virtually everyone. However, very few have any idea about this first step in bringing fresh produce to a hungry world. Supply planners contend with changing conditions and unpredictable environmental factors while supplying the seed variety the market demands. The process of bringing a new seed variety to market … The post Supply Planning in the Seed Industry: <br>Complex and Crucial appeared first on Chainalytics.

Scenario Planning 113

Scenario Planning Supply Chain Planning Industry Industrial 113

The 2024 Newcastle Systems Worker Satisfaction Survey provides insights into the life of a warehouse worker and what matters to them.

Warehousing

QAD

JULY 20, 2023

Quistem’s Cathy Fisher and I have been strong advocates about breaking down the silos among quality, supply chain and IT a lot on the Auto Supply Chain Prophets podcast through our research on the intersection of MMOG/LE and IATF 16949, which then led to our 24 essential supply chain processes. However, most wonder how it can be done. We recently had Mike Payionk, Quality Control Program Manager at PennEngineering on the podcast and here is what he had to say!

Quality 98

Quality Supply Chain Software Modeling Software System 98

SCMDOJO

JULY 18, 2023

Contract management plays a crucial role in the procurement process, as it helps ensure compliance, mitigate risks, and optimize supplier relationships. By effectively managing contracts, organizations can maximize the value of their procurement activities and minimize potential issues. In this guide, we will explore the key benefits and importance of contract management in procurement and provide insights on how to implement effective practices.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 98

The Logistics & Supply Chain Management Society

JULY 16, 2023

The Green Corridor: Resilience from Diversification by Timothy Foote, Founder of Susymbio Access to Sustainable Power is the Challenge of Our Time, but when clean power sources are diversified it promises more stability for our future. The past century has been plagued with conflicts fueled by the want or need of fossil fuels. From the attack on Pearl Harbour more than 70 years ago, to the occasional collapse of a government brought on by the inability to manage the import or export of fossil fu

Malawi 130

Malawi Sri Lanka Thailand Pricing Training 130