Sat.Nov 11, 2023 - Fri.Nov 17, 2023

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Supply Chain’s Next Decade of Dealing With the Unknown

MIT Supply Chain

LinkedIn published my 100th Influencer article last month. The inaugural post appeared on March 4, 2014, and was about the rising status of the supply chain profession. Reaching this milestone got me thinking about how the profession might change over the next decade. Some events and trends driving the supply chain’s standing back in 2014 remain just as influential in 2023.

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Bullwhip Effect in the Supply Chain: Examples, Causes, Solutions

Unleashed

The bullwhip effect occurs when small changes in demand at the consumer end of the supply chain intensify as they move up the supply chain from the retailer through to the manufacturer. For product businesses, the bullwhip effect can significantly hinder the ability to maintain optimal inventory levels – often leaving them high and dry with too much stock and not enough demand to get rid of it.

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What is Supply Chain Decision Support? Are We Rearranging Deck Chairs on the Titanic?

Supply Chain Shaman

Supply management. Supply chain management. Supply chain planning. Are these terms the same? They sound similar, but do they describe similar capabilities? The answer is no. What do they have in common? Not much. When deploying enterprise decision support applications, there are many implementations and lots of hype but few clear and consistent definitions.

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Why Top LSPs Take A Supply Chain Orchestration Approach to Success

Talking Logistics

Logistics service providers (LSPs) face a unique challenge. In addition to the evolving customer demands within an increasingly global, networked, multi-channel supply chain, these professionals juggle a variety of clients with differing supply chain management needs. Many leading LSPs, such as DSV, CEVA, and GEODIS, have opted for a more holistic supply chain orchestration approach.

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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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What is Optimization Theory and Why It Matters

Valogix

Check out how a firm grasp of optimization theory can help you in better inventory planning and implement more efficient solutions.

More Trending

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How to Leverage Low-Code Software to Streamline Your Supply Chain Management

Supply Chain Brain

Low-code platforms emerge as indispensable allies for supply chain teams in the quest for heightened efficiency and effectiveness.

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Watch: Building Environmental Sustainability in Supply Chains

Supply Chain Brain

Jagadish Turimella, chief operating officer and co-founder of GEP, offers some best practices that companies can adopt for ensuring that their supply chains are prioritizing sustainability.

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Moving Container Production From China Won't Ease Supply Chain Woes, SC Execs Say

Supply Chain Brain

Nineteen percent of responders said that they believe shifting production away from China would help supply chains while another 27% said this change could maybe alleviate supply issues.

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Securing Supply Chains Against Counterfeits in a Post-COVID World

Supply Chain Brain

The concept of supply chain security holds significant weight in today's global business landscape.

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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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Editor’s Choice: Reducing Lead Times with Real-Time Data

Logistics Viewpoints

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. This article is from Descartes Systems Group and looks at how companies can reduce lead times with real-time data. As so many of us were made aware since the pandemic lead times were stretched to extreme levels for many products globally.

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Inside the Shipper Mind with Jim Bierfeldt

The Logistics of Logistics

Jim Bierfeldt and Joe Lynch discuss what’s inside the shipper mind. Jim is the Founder and President of Logistics Marketing Advisors, a full-service marketing agency exclusively focused on helping logistics businesses drive profitable growth. About Jim Bierfeldt Jim Bierfeldt is the Founder and President of Logistics Marketing Advisors. Jim has had a 35-year career in marketing and communications, including 25+ within the logistics industry.

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Above the Fold: Supply Chain Logistics News (November 17, 2023)

Talking Logistics

I’ve gotten a late start to leaf raking this year. I took advantage of the unseasonably warm weather yesterday to begin the process, starting with my front lawn. I spent two hours raking and bagging leaves, but looking out the living room window this morning, you wouldn’t know it. The lawn is once again covered. Read more The post Above the Fold: Supply Chain Logistics News (November 17, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

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Intermittent Demand: Using Stochastic Replenishment Planning

Logility

Conquer Intermittent Demand with Stochastic Replenishment Planning Industrial durables companies face the perpetual challenge of managing items with intermittent demand patterns. These items often exhibit sporadic and unpredictable fluctuations in demand, making traditional inventory management methods less effective. To tackle this issue, many industrial durable companies are turning to probabilistic replenishment planning, a data-driven approach that offers practical solutions to the unique ch

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How To Select the Right Software for Innovation Management

Finding the right innovation management software is like picking a racing bike—it's essential to consider your unique needs rather than just flashy features. This oversight can stall your innovation efforts. Download now to explore key considerations for success!

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ToolsGroup Positioned as the Leader in the SPARK Matrix for Retail Forecasting and Replenishment by Quadrant Knowledge Solutions

ToolsGroup

BOSTON and LONDON – November 14, 2023 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is proud to announce it has been named the technology leader in the SPARK Matrix™ analysis of Retail Forecasting and Replenishment (RF&F) by Quadrant Knowledge Solutions (QKS). The Quadrant Knowledge Solutions SPARK Matrix: Retail Forecasting & Replenishment (RF&R), Q4, 2023 includes a detailed analysis of global market dynamics, major trends, vendor lan

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Insight to Action with Ryan Soskin

The Logistics of Logistics

Ryan Soskin and Joe Lynch discuss insight to action. Ryan is the Co-founder and CEO of GoodShip , an all-in-one platform for supply chain analytics, carrier management, and transportation procurement About Ryan Soskin Ryan Soskin is a 13 year logistics veteran and three time startup unicorn alum with a long history in freight tech. He began his career at Coyote Logistics and after 5.5 years and a $1.8B acquisition by UPS, Ryan left Coyote to join Convoy as an early team member.

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Key Takeaways from SAP Logistics Info Days 2023

Talking Logistics

During 2020 and 2021, most companies were focused on managing the disruptions caused by the Covid pandemic. In 2022, having a bit more room to breathe, companies started to reflect on the lessons learned from the previous two years (e.g., we need to make our supply chains more resilient). This year, it seems like companies. Read more The post Key Takeaways from SAP Logistics Info Days 2023 appeared first on Talking Logistics with Adrian Gonzalez.

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Food is Not Food if It’s Unsafe

Enterra Insights

We all need to eat. However, we rely heavily on the agricultural and food service sectors to ensure that the products we put into our bodies are safe to eat. If they’re not safe, they shouldn’t be called food. Food safety is currently a hot topic. Netflix recently released a documentary entitled “Poisoned: The Dirty Truth About Your Food.” The documentary is based on a book by best-selling author Jeff Benedict.

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro

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ERP Digitization: MRO as a Business Driver

Supply Chain Brain

The state of the economy and the mounting push to digitize supply chain processes are driving a creative approach to maintaining the integrity of your company's item master.

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Sustainable Product Packaging Impacts Supply Chain Transformation

QAD

Multiple times a day across the globe, a similar conversation takes place. The subject of the conversation is one person giving a grocery list to another so they can stop at a market or store. Quite often, the person dictating the list to the other describes one or more of the products by a distinct characteristic of its packaging rather than by name.

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Fueling Success: Career in Supply Chain Guide

SCMDOJO

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Whether you’re a recent graduate or contemplating a career change, uncover key insights for establishing the groundwork of a thriving career in the dynamic world of supply chain. It’s a fast-paced, evolving industry that has a lot of challenges, but also plenty of rewards, including a potentially lucrative income.

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The Digital Enterprise and Boring AI

Enterra Insights

Most, if not all, business leaders understand that the corporate landscape changed dramatically when the world entered the Digital Age and data became the lifeblood of most enterprises. Yossi Sheffi , Director of the MIT Center for Transportation & Logistics, insists, “The well-worn adage that a company’s most valuable asset is its people needs an update.

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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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Burberry – trading conditions worsen in the second quarter

IT Supply Chain

By Charlie Huggins (pictured) Manager of the Quality Shares Portfolio at Wealth Club The post Burberry – trading conditions worsen in the second quarter appeared first on IT Supply Chain.

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Electrifying Changes: How the UAW-Big 3 Strike is Reshaping the Automotive World

QAD

The conclusion of the UAW-Big 3 strike has brought the automotive world a mix of challenges and opportunities. The most significant impact is the resumption of production at the Big 3 automakers. The return to production signaled full demand for parts and components, leading to an almost immediate surge in orders. For suppliers, this meant rapidly ramping up their production, with some even resorting to overtime to keep up.

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Modern Manufacturing Through Automation: Supply Chain 2.0

Supply Chain Brain

Modern supply chain SLAs require a modern approach to automation, customers no longer have the patience for delivery delays, and finance departments are getting less tolerant of supply-chain slowdowns. What’s the answer? Optimize your supply-chain operations with AI.

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Supply Chain Benchmarking with Trent Morris

Logistics Bureau

There are numerous areas in the supply chain that can be benchmarked. But what is Supply Chain Benchmarking? Why should you do it, and how? What types of benchmarking practices do companies employ? Let’s find the answers to these questions from Trent Morris!  Related articles on this topic have appeared throughout our website, check them out: Freight Benchmarking: What Is It?

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Maximize Supply Chain Spend & Asset Utilization with Innovative Test Automation

Connected devices are emerging at an explosive rate exerting pressure on larger operators; however, some organizations cannot continue to purchase the latest & greatest devices without ramifications. The introduction of automated test technology drives the optimization of supply chain expenditures leveraging forward & reverse logistics paths. Adopting innovative test automation tools addresses these challenges by providing robust solutions for testing the interoperability, performance, & securit

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ONS Retail Sales Reaction: The fight for Christmas shoppers is truly underway

IT Supply Chain

By Steve Ponting (pictured) Director, Software AG The post ONS Retail Sales Reaction: The fight for Christmas shoppers is truly underway appeared first on IT Supply Chain.

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“Take a Hike” Has a Different Meaning for Blue Yonder Associate

BlueYonder

If you knew we had a National Take a Hike Day , raise your hand. Okay, you can’t see me, but let the record show that my hand is not raised. Usually when someone tells me to “take a hike,” they aren’t suggesting that I head out for a stroll in nature…. All kidding aside, I do have a passion for hiking, but probably not for the reasons one might think.

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Are SaaS Apps the Achilles’ Heel for Supply Chain Attacks?

Supply Chain Brain

The shift toward an increasingly digital workforce has led to a massive increase in software-as-a-service (SaaS) applications. Yet many come with serious vulnerabilities, turning them from an asset into a liability.