Sat.Jun 17, 2023 - Fri.Jun 23, 2023

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Elevating The Voice of the Supply Chain Contrarian

Supply Chain Shaman

Surgery is over. I am safely recuperating at home. Due to travel restrictions, I cannot attend many industry events, so I observe from home, watching webinars and remote broadcasts. As I process the content, I struggle. My mind questions, “How did we get here? ” I believe that the industry is stuck. My question is, “How do we break the conventional norms to drive breakthrough thinking?

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How Much Technical Debt Exists in Your Supply Chain Operations?

Talking Logistics

The breakdown of Southwest Airlines’ operations last December was blamed in large part on “technical debt”– that is, on the airline “relying on older or deficient software that needs updating” to run its operations. How much technical debt exists in your supply chain operations? We asked members of our Indago supply chain research community — Read more The post How Much Technical Debt Exists in Your Supply Chain Operations?

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5 Ways a Digital Supply Chain Twin Supercharges Performance

John Galt

Learn the key benefits of a digital twin for the supply chain to help you conquer the challenges of modern supply chain planning operations.

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Beginning Inventory 101: Formula & How to Calculate

ShipBob

If you start out a quarter with more inventory than when you started the previous quarter, is it a good thing or a bad thing? It could mean you stocked up in preparation for a big sale or rise in demand. Or, it’s an indication that you have more inventory than you can sell. If you start out with less inventory than the period prior, it could mean you sold a lot of your stock — congratulations!

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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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Until AI Can Solve this One Simple Task, I Wouldn’t Worry About It

Logistics Viewpoints

Experts have recently warned about the possibility that artificial intelligence (AI) could lead to the destruction of 400 million jobs by 2030. These same pundits also predict that AI could lead to increases in global GDP by trillions of dollars in the same time frame. However, AI’s inability to solve the very limited problem of ensuring that inventory is located in the right place in a warehouse suggests that planners don’t have to worry too much about job security.

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The Circular Supply Chain Is Driving Corporate Decarbonization

Supply Chain Brain

The growth of the circular economy and the logistics evolution that supports it are placing responsible action at the core of business culture and conduct.

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Navigating Modernization Challenges: Peer Insights for Success in Digital Transformation and Automation

The Logistics & Supply Chain Management Society

SIGN UP HERE Navigating Modernization Challenges: Peer Insights for Success in Digital Transformation and Automation Synopsis: The executive roundtable will gather industry leaders and experts to foster peer-to-peer discussions on the challenges encountered during the modernization journey and effective strategies to overcome them. This interactive session will provide a platform for executives to share insights, experiences, and best practices, focusing on driving success in their digital trans

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How warehouse management can enhance the value of your ERP

SYSPRO Smarter ERP

Many manufacturers have successfully implemented an ERP system to streamline their business processes and improve efficiency. However, for companies with extensive inventory and warehouse facilities, integrating a Warehouse Management System with their ERP system can bring additional value. What is a Warehouse Management System? A Warehouse Management System (WMS) plays a vital role in efficiently managing inventory within a warehouse.

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Artificial Intelligence and the Global Agriculture Value Chain

Enterra Insights

Disruptions to the global agriculture value chains are more devastating than disruptions in other supply chains. Sometimes referred to as “soft commodity supply chains,” they are arguably the world’s most important supply chains because we know disruptions often lead to suffering and death. Journalist Jenny Messenger notes, “Soft commodity supply chains of all kinds will continue to face climate change-related turmoil this year, with the most obvious risks being extreme w

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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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2023 Mid-Year Check-In: Current Status of Supply Chains and What’s Next?

Logistics Viewpoints

In February 2023 I wrote the article What Does 2023 Have In-Store for Global Supply Chains? It introduced the survey we had just launched to determine the perceptions, priorities, and strategic initiatives of today’s supply chain and logistics executives. This post was subsequently followed by two articles that discussed some of the findings from the survey.

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AI and the Future of Supply Chain with Yossi Sheffi

The Logistics of Logistics

Dr. Yossi Sheffi and Joe Lynch discuss AI and the future of supply chain, which is the central theme of Yossi’s latest book, The Magic Conveyor Belt: Supply Chains, A.I., and the Future of Work. Yossi is the Elisha Gray II professor of Engineering Systems at the Massachusetts Institute of Technology, where he serves as Director of the MIT Center for Transportation & Logistics (CTL).

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Above the Fold: Supply Chain Logistics News (June 23, 2023)

Talking Logistics

Yesterday, my wife and I celebrated our 26th wedding anniversary. We took the day off, drove down to Cape Cod, and cycled 50 miles along the rail trail. That might not sound very fun or romantic for many people, but riding our bikes together was how we first became friends so many years ago. On. Read more The post Above the Fold: Supply Chain Logistics News (June 23, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

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The Holy Grail of Modern S&OP: Multi-Horizon Integrated Business Planning 

Logility

 S&OP and Multi-Horizon Integrated Business Planning Manual supply chain processes are a real headache. Creating and comparing business scenarios in spreadsheets are fruitless exercises in glancing in the rearview mirror rather than looking ahead at the opportunities and risks emerging on the horizon. And next to impossible is creating plans in a timely manner when monitoring unrelated KPIs across multiple disconnected sources of data.

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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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Editor’s Choice: On Time In Full (OTIF) in Supply Chain

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. Today’s article comes from Matt Boland at Koerber Supply Chain, and examines how technology can help improve on time in (OTIF) performance. In the supply chain, OTIF stands for “on time in full” and means delivering the correct goods in the right quantity to customers on the date promised.

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Key Takeaways from TMSA Elevate with Trey Griggs

The Logistics of Logistics

Trey Griggs and Joe Lynch discuss key takeaways from TMSA Elevate, a conference held in Savannah, Georgia on June 11, 12, and 13. TMSA is the Transportation Marketing and Sales Association, a non-profit organization for sales and marketing professionals in transportation and logistics. Trey Griggs, Founder of the Beta Consulting Group was an emcee for the event.

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Causal Artificial Intelligence and Supply Chain Performance

Enterra Insights

Supply chain professionals have always depended on forecasting to help them balance supply and demand. With the maturation of artificial intelligence (AI) systems, predictive analytics have grown in importance. The difference between traditional forecasting and predictive analytics is granularity. The staff at Predictive Analytics World explains the difference this way: “Predictive analytics [goes] beyond standard forecasting by producing a predictive score for each customer or other organizatio

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Don’t Wait to Innovate: 3 Key Benefits of Causal Forecasting

Logility

Picture this: You’re a seasoned sailor navigating uncharted waters. You’ve got a trusty map based on old routes, but the sea’s currents constantly change, and new obstacles keep popping up. You quickly realize your old map just isn’t enough anymore. Sounds familiar? That’s precisely what demand forecasting feels like for many businesses today.

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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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Marketing Tips for Supply Chain Companies

SCMDOJO

The realm of business today is incredibly competitive, with marketing standing as a critical determinant of a company’s triumph, particularly in the sector of supply chain. The good news is, I’ve got a cheat sheet of marketing tips designed to elevate your marketing strategy and give your supply chain company the boost it needs. Embrace Digital Marketing In this age where digital is king, merely existing online isn’t enough, it’s about leveraging this online platform opti

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Revolutionizing Freight Forwarding Using Tech with Lionel van der Walt

The Logistics of Logistics

Lionel van der Walt and Joe Lynch discuss revolutionizing freight forwarding using tech, which is exactly what Raft.ai does. Lionel is the Chief Growth Officer of Raft.ai , an intelligent logistics platform that automates AP invoices, customs, shipping documents, and pre-alert workflows significantly reducing manual work while increasing accuracy and compliance for freight forwarders and customs brokers.

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Supply Chain Weekly Wrap-Up 06/16/2023-06/22/2023

All Things Supply Chain

Elon Musk says Tesla to come to India Tesla CEO Elon Musk has expressed his intention to bring Tesla to India “as soon as humanly possible” following a meeting with…

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Brunswick Boat Group Improves Quality and Process Standardization with QAD

QAD

No manufacturer ever wants to deliver a product that’s anything less than exceptional. Consistently meeting or exceeding customer expectations is critical for building a loyal customer base and eking out a competitive advantage in today’s rapidly-changing marketplace, but it’s also the key to minimizing waste, maximizing operational efficiency and realizing a low cost of quality (COQ) that keeps profit margins high.

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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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Supply Chain as a Service (SCaaS): A Golden Opportunity for the Supply Chain Industry

SCMDOJO

The Supply Chain as a Service (SCaaS) market has experienced significant growth in recent years, with even greater potential ahead. SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. Let’s delve into this emerging concept. Companies often outsource or entrust these processes to third-party providers, reaping the abundant benefits of SCaaS.

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Watch: How 'Tribal' Behavior Sabotages Digital Transformation

Supply Chain Brain

The majority of digital transformation initiatives for the supply chain fail because businesses engage in "tribal" behavior, according to a new book by Klaus Imping and Michael Ciatto.

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The Top 5 BOM Management Mistakes That Could Be Costing Your Business

Arena Solutions

Introduction The bill of materials (BOM) is as essential to manufacturing as a club is to golf—you can’t build or play without either item. A BOM makes the manufacturing process accurate and effective and combines all the information necessary to create a finished product. A well-defined BOM helps manufacturers with everything from manufacturing efficiency to quality control, cost management, collaboration, and regulatory compliance.

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The Shop Floor Workforce is a Critical Component to Supply Chain Effectiveness

QAD

In the world of modern manufacturing, the importance of an efficient supply chain cannot be overstated. A well-functioning supply chain ensures that a company has the right materials, at the right time, in the right quantities, to meet customer demand. However, achieving this level of efficiency can be challenging. One area that is often overlooked is the impact that the plant floor can have on overall supply chain performance and success.

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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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Ocean Freight: Key Trends & Planning For Peak Season 2023

Ware2Go

See the latest insights on ocean freight rates and other trends that fast-growing businesses should know about to plan for 2023 peak season. As fast-growing businesses turn their attention to upcoming holiday demand, Ware2Go has tapped our internal experts and the latest industry data to create insights around what to expect and how to plan for peak season.

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Bottom Line Strategies for Spare Parts Planning

The Smart Software

Managing spare parts presents numerous challenges, such as unexpected breakdowns, changing schedules, and inconsistent demand patterns. Traditional forecasting methods and manual approaches are ineffective in dealing with these complexities. To overcome these challenges, this blog outlines key strategies that prioritize service levels, utilize probabilistic methods to calculate reorder points, regularly adjust stocking policies, and implement a dedicated planning process to avoid excessive inven

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The Benefits of Data-Driven 3D Printing for the Supply Chain

Supply Chain Brain

Data-driven 3D printing provides a significant boost to the efficiency and productivity of the supply chain, helping manufacturers respond more quickly and effectively to disruptions.

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