Sat.Nov 13, 2021 - Fri.Nov 19, 2021

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Is your freight invoice accurate? A new study claims it might not be.

The Logistics & Supply Chain Management Society

Shipping freight across the world is a complex matter. But what is even more complicated is freight billing and handling freight payments: what a cargo owner is initially quoted is often different from what he later is asked to pay. A recent study claims that as much as 20% of invoices are incorrect, making billing accuracy a significant industry problem.

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Supply Chain Visibility in Foggy Times

Enterra Insights

In military operations, there is a notion called “the fog of war.” The concept is often traced back to Carl von Clausewitz, a Prussian general and military theorist, who wrote, “War is the realm of uncertainty; three quarters of the factors on which action in war is based are wrapped in a fog of greater or lesser uncertainty. A sensitive and discriminating judgment is called for; a skilled intelligence to scent out the truth.” As supply chains have grown more complex, the

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It’s Easy to Migrate to the Cloud

Arena Solutions

Cloud solutions are simplifying virtually every aspect of how businesses and consumers access information and collaborate. In the world of manufacturing, companies that need to design, produce, and deliver sophisticated products to market need to ensure their internal and external suppliers are always on the same page. When it comes to new product development (NPD) and new product introduction (NPI) , companies today need a single source of product truth that enables all teams to collaborate in

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When The Chickens Come Home To Roost

Supply Chain Shaman

Today, we are nearing the end of the fourth quarter of corporate reporting. Self-reported projections of the ocean carriers forecast that the industry is posting over $200B in profits. Let me repeat this, “$200 Billion in profits.” This massive positive windfall is double the profit made by carriers over the past 20 years combined. Yes, a single year offsets twenty years of poor margins for a struggling industry.

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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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Transform Life Sciences Manufacturing & Operations with a Digital Lean Approach

DELMIA Quintiq

Executing lean concepts in Pharma, Biopharma and Medical Devices is critical to maintain and improve efficiency, quality, regulatory compliance and productivity. With the increasing speed and development of drugs and new devices, manufacturing, quality and labs face potential disruptions from new materials, equipment and manufacturing processes on a continuous basis.

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DB Schenker – Singapore: A Vital Node in Singapore’s Logistics Ecosystem

The Logistics & Supply Chain Management Society

Singapore’s Status a Global Hub. From its peak, 97% flight capacity was reduced from Singapore Airlines. Typically, 45% to 50% of cargo is carried in belly holds of aircraft. With such dramatic reductions in flights, Singapore’s status of a logistics hub was put severely at risk. However Singapore has managed to preserve it position as a global trade hub.

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Peak Shipping Season Update: What’s Driving Change in the Industry?

GlobalTranz

The long and unpredictable peak shipping season continues to challenge supply chains. A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond. Approximately 73% of respondents cited progress in omnichannel improvements over the past year, but express cautious optimism for their company's supply chain and capacity. 94% of supply

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When The Chickens Come Home To Roost

Supply Chain Shaman

Today, we are nearing the end of the fourth quarter of corporate reporting. Self-reported projections of the ocean carriers forecast that the industry is posting over $200B in profits. Let me repeat this, “$200 Billion in profits.” This massive positive windfall is double the profit made by carriers over the past 20 years combined. Yes, a single year offsets twenty years of poor margins for a struggling industry.

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The 2021 Holiday Logistics Guide

Logistics Viewpoints

Halloween is in the rearview mirror and Black Friday is on the horizon. As such, retailers and logistics providers are gearing up for the annual holiday logistics crunch. The National Retail Federation (NRF) has forecast that holiday sales during November and December will grow between 8.5 percent and 10.5 percent over 2020 to between $843.4 billion and $859 billion.

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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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A Conversation with Stuart Whiting, Schneider Electric

The Logistics & Supply Chain Management Society

We are pleased to continue our 2021 fire-side chat series with key people in the supply chain industry, and it is with particular pleasure to catch up with Stuart Whiting, Senior Vice President, Global Supply Chain, Logistics & Planning at Schneider Electric, based in Singapore but with a global functional responsibility. Stuart is a British national, married with three children.

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Developing an Agile Supply Chain Workforce for the Future

The Network Effect

The post Developing an Agile Supply Chain Workforce for the Future appeared first on The Network Effect.

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When The Chickens Come Home To Roost

Supply Chain Shaman

Today, we are nearing the end of the fourth quarter of corporate reporting. Self-reported projections of the ocean carriers forecast that the industry is posting over $200B in profits. Let me repeat this, “$200 Billion in profits.” This massive positive windfall is double the profit made by carriers over the past 20 years combined. Yes, a single year offsets twenty years of poor margins for a struggling industry.

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Walmart in a World on Fire

Logistics Viewpoints

Walmart has used TMS to both save money and reduce carbon emissions. Last year, Rebecca Henderson’s, Reimagining Capitalism in a World on Fire , was on the short list for Financial Times and McKinsey Business Book of the Year Award. The premise of the book by this Harvard business professor is that capitalism is making our society increasing unstable as the middle class’s income is being reduced while the wealthy are becoming ever richer.

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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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Rethinking the next normal: Transforming Logistics and Supply Chain Workflows with Samsung

The Logistics & Supply Chain Management Society

There is no doubt that the pandemic has radically transformed the logistics and supply chain industry, especially with increased demand and reliance on deliveries. Today, there is expectation for organisations to deliver top-notch customer experience with efficiency and transparency. The sector, however, has been moving steadily towards a more flexible and mobile work style as workers in the sector are largely required to be working from different locations.

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Editor’s Pick: Status of On-Demand Trucking

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 post from Kuebix’s blog discusses the factors driving on-demand trucking and how it works. On-demand trucking is the process of finding.

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POOLCORP Selects ToolsGroup to Improve Supply Chain Resilience

ToolsGroup

Joint Microsoft and ToolsGroup planning solution will support POOLCORP’s goals of improved service to customers and increased profitability amid demand and supply volatility. BOSTON — Nov 17, 2021 — ToolsGroup , a global leader in supply chain planning and optimization software, has been selected by POOLCORP to support its goals of improved supply chain resilience and service to customers while increasing profitability. .

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A New Model for Grocery Delivery with Sean Coakley

The Logistics of Logistics

A New Model for Grocery Delivery with Sean Coakley. Sean Coakley and Joe Lynch discuss a new model for grocery delivery. Sean is the Chief Commercial Officer of Capstone Logistics , a leading provider of technology-enabled warehouse services, freight management, and last mile distribution solutions. About Sean Coakley. Sean Coakley is the Chief Commercial Officer of Capstone Logistics , a leading provider of technology-enabled warehouse services, freight management, and last mile distribution so

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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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Analyze and Manage the Impact of Pricing and Promotion on Inventory

Logility

Br idge the gap between marketing activity and inventory management with a better understanding of the impact of pricing and promotion on inventory. In most companies, a gap exists between Marketing and Operations – a communications gap that you’ll want to avoid ‘stepping into’, if you’ll excuse the pun. Brands frequently use price as a lever to achieve strategic and tactical goals.

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Navigating the Wave of Ocean Shipping Constraints

Talking Logistics

Trucking has traditionally gotten the lion’s share of attention in transportation, but the pandemic-related disruptions to global supply chains, particularly the congestion at ocean ports with dozens of ships waiting offshore to unload, is causing companies to take a new look at their ocean shipping strategies. How are companies navigating through this challenging environment, both.

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The Supply Chain is Suffering Labor Pains

Enterra Insights

Suffering through labor pains normally results in a bundle of joy. Currently, however, the supply chain, like many other economic areas, is suffering from a different kind of labor pain — a pain unlikely to result in much joy unless companies can attract a new generation of supply chain professionals. Robert J. Bowman, Managing Editor of SupplyChainBrain, states the problem succinctly, “The supply chain needs people.

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Despite green pledges, less than a quarter of organisations monitor suppliers on carbon emissions

ivalua

Many organisations vowed to reach net zero during COP26, but suppliers say there is a lack of collaboration on green initiatives. London, UK – 18 th November 2021 – Research from Ivalua , a leading global spend management cloud provider , has revealed that very few European suppliers are being regularly assessed on sustainability practices, with less than a quarter (24%) being measured routinely on carbon emissions.

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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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The Technology You Need for a Sustainable Supply Chain

Logility

Your ERP system is not the right technology for a sustainable supply chain. Key takeaways: A digital supply chain platform is essential for a sustainable supply chain. While your ERP may run your internal business, it’s not the right choice for the complex tasks a sustainable supply chain requires. A purpose-built digital supply chain platform provides the data, visibility, and analysis needed for accountability all the way through the supply chain.

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Above the Fold: Supply Chain Logistics News (November 19, 2021)

Talking Logistics

If supply chain stories appearing on the front page of the Wall Street Journal and other newspapers isn’t proof enough that the industry has gone mainstream, then here is Exhibit B: You know supply chain and logistics have reached broad awareness when even The Onion does a post about it! Moving on, here are some. Read more Above the Fold: Supply Chain Logistics News (November 19, 2021).

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The State Of The Industry with George Abernathy

The Logistics of Logistics

The State Of The Industry with George Abernathy. George Abernathy and Joe Lynch discuss the state of the industry. George is the President of Emerge , one of the fastest-growing startups in the U.S. that is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. About George Abernathy. George Abernathy , Emerge President and Board Member, has more than 30 years of supply chain and technology experience.

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Is the Time Ripe for Automation?

Enterra Insights

Most people think of fruit when they hear the term “ripe.” So what does it mean when the term is used in a business setting? Vocabulary.com notes, “Ripe means ready. Ripe can also describe something that is not only ready to happen but well-suited for whatever is happening.” Many business consultants believe the time is ripe for businesses to automate whatever can be automated.

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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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Logility, Demand Management, and NGC Software Unite Resources, Introduce Logility® Digital Supply Chain Platform

Logility

The unified, digital platform powers better decision-making, scalability, and transformation across all levels of supply chain maturity. ATLANTA – Nov. 18, 2021 – Logility, Inc., a leader in supply chain innovation powering the sustainable and resilient enterprise, today announced its parent company American Software, Inc., has consolidated the resources of its portfolio of supply chain companies, including Logility, Inc., Demand Management, Inc., and New Generation Computing, Inc.

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LogiSYM Supply Chain Magazine – November 2021

The Logistics & Supply Chain Management Society

STEPPING UP CAPABILITIES WITH INDUSTRY 4.0 Download the latest LogiSYM Supply Chain Magazine. In this edition we have several news updates, interesting & enlightening articles and contributions on people & management – topics which are most crucial to the development of the Supply Chain Industry across regions as well as globally. Download the latest LogiSYM Supply Chain Magazine now!

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REPOST: 3PL Basics: An Introduction to 3rd Party Logistics with Roberto Cadena

The Logistics of Logistics

3PL Basics: An Introduction to 3rd Party Logistics with Roberto Cadena. Robert Cadena and Joe Lynch provide an introduction to 3rd party logistics. 3rd party logistics services include 5 major categories: 1.) Transportation 2.) Warehousing 3.) Logistics 4.) Technology and 5.) Special Services. Robert is the Co-Founder and CEO of a company that provides operational, sales, marketing, and technology support to over 100 3PLs, so he has a very thorough understanding of the business.