5 Tips for a Seamless AI Implementation in Supply Chain
John Galt
SEPTEMBER 27, 2023
These tips will help you ensure a smooth AI implementation to elevate your supply chain and reap the benefits of this transformative technology.
Sat.Sep 23, 2023 - Fri.Sep 29, 2023
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Rethinking Black Swan Events for Modern Supply Chain Risk Management
Resilinc
SEPTEMBER 24, 2023
Black swan supply chain events have traditionally been associated with (if not formally defined as) improbable, rare, or unlikely events with severe or even catastrophic business impacts. However, as we learn more about how disruptions impact supply chains, it is time for companies and supply chain managers to reconsider the traditional view of black swan events.
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Watch: Building the Supply Chain From the Ground Up
Supply Chain Brain
SEPTEMBER 24, 2023
A successful supply chain transformation begins with "changing the narrative," says George Raptis, vice president of operations at JP Outfitters. Among other things, the company had to stop viewing itself as "small.
Future-Proofing Transportation Spend in Supply Chains
Logistics Viewpoints
SEPTEMBER 28, 2023
In the ever-evolving supply chain industry, transportation spend optimization – or TSO – has assumed greater significance. The need to blend operational efficiency with sustainability and fiscal prudence has organizations exploring innovative ways to help ‘future-proof’ transportation spending challenges. Thus, it has become critical that executives dig into the multifaceted domain of TSO, which encompass pivotal aspects such as the implementation of global freight audit and payment (FAP) soluti
4 Ways To Drive Supply Chain Excellence in the Food Industry
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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.
Cargo Theft Continues to Rise
Logistics Viewpoints
SEPTEMBER 27, 2023
In the United States, there are a lot of billion dollar industries , led by hospitals, pharmaceuticals, commercial banking, life insurance, and petroleum wholesaling to name a few. However, there is probably one industry that most of us would not think of in this list: the cargo theft industry. According to the National Insurance Crime Bureau (NCIB), cargo theft in the United States is a $15 to $35 billion industry.
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Five Tactics for Enabling Smart and Sustainable Supply Chains
Supply Chain Brain
SEPTEMBER 24, 2023
Data-driven, predictive and agile supply chains can help companies achieve their net-zero emissions goals by enabling end-to-end efficiency.
Modernizing MRO using AI with Paul Noble
The Logistics of Logistics
SEPTEMBER 25, 2023
Paul Noble and Joe Lynch discuss modernizing MRO using AI. Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. About Paul Noble As Founder and Chief Strategy Officer of Verusen, Paul Noble oversees the company’s vision and strategic direction.
Cascading KPIs To Drive Business Performance
Silvon Software
SEPTEMBER 26, 2023
The practice of “cascading” KPIs is used to align strategic objectives with business unit targets and performance measurements to drive positive results. This involves linking high-level objectives with departmental objectives and KPIs to create a clear line of sight from the top down. In this 3-minute post, we examine some key business objectives and cascading KPIs that can be used to analyze performance to the objectives.
How Supply Chain Managers Solve Challenges & Drive Efficiency
MercuryGate
SEPTEMBER 26, 2023
Supply chain managers' roles have never been more critical or more challenging. In an era where global logistics intertwine with technology, economic shifts, and now, the significant “Great Resignation” labor movement, the demands on supply chain managers intensified. The post How Supply Chain Managers Solve Challenges & Drive Efficiency appeared first on MercuryGate International.
15 Modern Use Cases for Enterprise Business Intelligence
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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?
September 26, 2023 Update
Freightos
SEPTEMBER 26, 2023
Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. More Resources Home September 26, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.
ToolsGroup Acquires Evo for Industry Leading Responsive AI
ToolsGroup
SEPTEMBER 26, 2023
ToolsGroup’s latest acquisition delivers quantum learning and advanced prescriptive analytics to strengthen its pricing, promotion, and inventory optimization solutions BOSTON and LONDON – September 27, 2023 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, announced today the acquisition of Evo , a provider of artificial intelligence (AI) and machine learning (ML) solutions for business performance optimization.
Pricing Optimization at Delly’s: A Case Study in Successful AI Enablement
Talking Logistics
SEPTEMBER 27, 2023
Companies across virtually all industries are looking for ways to drive profitable growth. Over the years, they have invested in technology to streamline and automate a variety of business processes. This includes implementing Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), Demand Planning, Inventory Management, Transportation Management, and Warehouse Management applications.
Key Takeaways from Oracle CloudWorld 2023
Logistics Viewpoints
SEPTEMBER 25, 2023
Oracle CloudWorld happened last week. There was a lot of content – too much to cover. But there were 5 main takeaways. I’m a supply chain industry analyst, so naturally my takeaways are influenced by my coverage area. Now that Steve Jobs is dead, Larry Ellison – the chief technology officer and executive chairman at Oracle – is the most interesting executive speaker.
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
The Consequences of Complacency
Arkieva
SEPTEMBER 27, 2023
Complacency can quickly make supply chain planning software obsolete. We lose when we "wait and see". Now is the time for investment and improvement. The Consequences of Complacency was first posted on September 27, 2023 at 7:41 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement.
ToolsGroup and Evo: Bringing Prescriptive Analytics and Quantum Learning to Industry-Leading Retail Planning
ToolsGroup
SEPTEMBER 26, 2023
Now that Evo is a ToolsGroup company, the big question is: “What innovation will Evo bring to the ToolsGroup offering?” While the real answer is “Plenty!”, the immediate transformation will come from the EvoAI engine, which will soon be integrated across the entire JustEnough and SO99+ product suites. What is EvoAI? EvoAI is the dynamic demand discovery technology that powers all Evo products.
Above the Fold: Supply Chain Logistics News (September 29, 2023)
Talking Logistics
SEPTEMBER 29, 2023
Having to spend two extra nights in Barcelona (paid for by the airline, along with meals) because your flight home gets canceled doesn’t sound too bad. Unless you haven’t been feeling well all week and you were really looking forward to getting home. In that case, two extra nights feel like an eternity. I made. Read more The post Above the Fold: Supply Chain Logistics News (September 29, 2023) appeared first on Talking Logistics with Adrian Gonzalez.
The costs of Scope 3
Supply Chain Movement
SEPTEMBER 29, 2023
“Who’s going to pay for decarbonizing the supply chain?” was the title of a recent article on a supply chain website written by an experienced US journalist (and how very American of him to immediately zoom in on who would bear the costs!). According to the journalist, 75% of all emissions fall under Scope 3, i.e. are caused beyond the company itself.
How to Master Product Portfolio Management
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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 Cloud-Connected CAD and PLM Drive Collaborative and Streamlined Product Development
Arena Solutions
SEPTEMBER 26, 2023
Why do many products fail? There are several factors that contribute to companies not reaching their commercialization targets. Some include: Lack of understanding of the end-user goals and challenges Inability to mitigate risks or unforeseen disruptions Poor product quality or design Lack of product differentiation To illustrate, the Segway Electric Scooter’s introduction was met with a fast demise in 2001 due to its inability to solve consumers’ real-world problems 1.
4 Factors Fueling the Growth of Modern Data Hubs for Business Reporting
Silvon Software
SEPTEMBER 28, 2023
As the volume of data and requirements for gaining access to it continue to skyrocket, it is becoming vital for organizations to find ways to aggregate their business information and quickly understand it. And that involves putting the ability to analyze data into the hands of more analysts, data scientists and other stakeholders and decision makers than ever before without requiring them to spend crazy amounts of time preparing the data.
Mexico’s Future as U.S. Go-To Trade Partner Depends on Investment, Infrastructure
Supply Chain Brain
SEPTEMBER 25, 2023
The reason Mexico didn’t rise as a great near-shore market before was that supply chain resiliency just wasn’t top of mind in the last few decades, when landed cost was king.
Blue Yonder’s Chief Product Officer Shares Insights Into Innovative Solutions to Revolutionize Your Supply Chain Performance
BlueYonder
SEPTEMBER 25, 2023
Following ICON 2023 in Las Vegas, Blue Yonder’s Chief Product Office Gurdip Singh shared the key product innovation takeaways from the event during a Blue Yonder Live session. He shared his views on how to apply innovations to solve deep-rooted supply chain challenges and insights into the $1 billion investment in research and development. With ICON London a few short weeks away, we thought we would recap his conversation.
The Ultimate Guide to Transportation and Load Building Optimization
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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.
Insurance sector eyes easy-to-use technology to digitally transform business
IT Supply Chain
SEPTEMBER 26, 2023
By Phung Viet Ha (pictured) Managing Director of Low Code Group, FPT Software The post Insurance sector eyes easy-to-use technology to digitally transform business appeared first on IT Supply Chain.
10 Dock KPIs To Improve With Real-Time Visibility
C3 Solutions
SEPTEMBER 25, 2023
Imagine how flying an airplane without the latest instruments can be daunting. Every take-off, landing, and maneuver relies on real-time data for safety and precision to make it possible to operate an aircraft.
What is Inventory Planning? A Brief Dictionary of Inventory-Related Terms
The Smart Software
SEPTEMBER 25, 2023
People involved in the supply chain are likely to have questions about various inventory terms and methods used in their jobs. This note may help by explaining these terms and showing how they relate. The post What is Inventory Planning? A Brief Dictionary of Inventory-Related Terms appeared first on Smart Software.
Middle-Market Manufacturers Think Big This Year
QAD
SEPTEMBER 26, 2023
According to a recent IndustryWeek article, middle-market manufacturing companies face many of the same issues their larger peers do, such as growing inflation, supply chain issues, talent attraction and retention, high asset replacement costs, and difficulty hiring and retaining top talent. Yet they lack the deep pockets of global companies. In the U.S., 200K middle-market companies represent one-third of the private sector’s GDP and employ approximately 48M workers, write Mike Williams and Er
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.
Supply Chain Management With JDE Managed Services: Everything You Need to Know
SCMDOJO
SEPTEMBER 26, 2023
Supply chain management professionals know the essentiality of Enterprise Resource Planning (ERP): these software systems automate everything from procurement, inventory, and financials, as well as assist with customer relations and human relations. Of those programs, JD Edwards (JDE) is the most well-respected, being used in thousands of organizations worldwide thanks to its ease of use and comprehensive functionality.
Protect Your Shipments From Cargo Theft
TransAudit
SEPTEMBER 27, 2023
The alarming rise in cargo theft across the United States is becoming a significant concern for businesses, logistics providers, and consumers alike. With food and beverage products emerging as main targets, it’s evident that the problem isn’t just isolated to high-value goods. This surge, as CNBC suggests , is a stark “sign of the economic times,” further amplifying the strain on already escalating prices.
Meta AI chatbots – what will come of introducing chatbot personalities?
IT Supply Chain
SEPTEMBER 28, 2023
By Rebecca Crook (pictured) Chief Growth Officer of EMEA, CI&T The post Meta AI chatbots – what will come of introducing chatbot personalities? appeared first on IT Supply Chain.
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