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This Week in Logistics News (May 25 – 31)

Logistics Viewpoints

Early this week, basketball legend and all-around great guy Bill Walton passed away after a battle with cancer. Tributes came pouring in from past and present NBA players, broadcasters, fans, and the surviving members of the Grateful Dead. While that last bit may surprise you, Bill Walton was one of the biggest Deadheads around. He first saw the band in the late-60’s while in high school, and would catch every show he could.

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AI-driven Estimated Delivery Dates: The Checkout Conversion Tool of the Future

Talking Logistics

The future lies in getting more conversions and building customer trust with the power of AI-driven estimated delivery dates. Parcel tracking has evolved from a differentiating feature to a baseline expectation. Customers rightfully demand visibility into the whereabouts of their orders. But that’s already old news. Today, the real transformative power of logistics data lies.

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How Supply Chain & Logistics Companies are Mitigating Labor Shortages

Logistics Viewpoints

In late 2023, Descartes conducted a survey of 1,000 supply chain and logistics decision-makers across North America and Europe across three sectors: manufacturing, distribution and retail; carriers; and logistics services providers. The study showed that the workforce problem is pervasive, with 76% of respondents indicating they are facing notable shortages.

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Why Retail Promotions Fail: When a Failed Promotion Is Really a Failure of Your Allocation and Replenishment Strategy

ToolsGroup

Promotions are, without a doubt, a vital tool in the retail arsenal. However, all too often, promotions fall flat, failing to deliver the expected lift in sales or even damaging brand perception in the process. Over the last few weeks, we’ve explored the problems retailers face with promotions, examining diminishing returns in a promo-saturated market , misaligned pricing and discounting strategies and confusing markdown problems and promo problems.

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How a Global CPG Leader Optimized $500M of Direct Materials Spend and Exceeded Savings Goal

A Fortune 500 CPG company partnered with GEP to improve end-to-end category management, optimize direct spend categories, and increase strategic focus on tail spend. GEP’s sourcing expertise and market intelligence enabled the company to centralize sourcing and order management processes, strengthen key supplier relationships, and enhance supply chain resilience and agility.

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Geopolitical, Economic, and Technological Trends in Logistics

SCM Research

A new ISPI-McKinsey report, Logistics in Transition. Exploring Geopolitical, Economic, and Technological Trends , edited by Carlo Secchi and Alessando Gili, examines the challenges and transformations in global logistics. It emphasizes the impact of geopolitical shifts, the climate crisis, and technological advances on supply chains. The report covers a wide range of topics, including the transformation of global value chains, maritime logistics, hydrogen mobility, artificial intelligence, and t

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The Scent of Child Labor in Your Perfume

Talking Logistics

Saying you have zero tolerance for forced labor and child labor is easy; making sure they don’t exist in your supply chain is much more difficult. “[While] luxury perfume brands claim to have zero tolerance on child labour, a BBC investigation into last summer’s perfume supply chains found jasmine used by Lancôme and Aerin Beauty’s. Read more The post The Scent of Child Labor in Your Perfume appeared first on Talking Logistics with Adrian Gonzalez.

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Why Data Latency is a Real Problem in Decision-Centric Planning

ToolsGroup

In today’s hyper-competitive market, where supply chains need to be agile and responsive, even a minor delay in data can have significant repercussions. Companies are finding that data latency isn’t just a technical hiccup but a major obstacle to effective decision-making. As we continue our journey through decision-centric planning, having explored its potential to unlock supply chain success , addressed real-world challenges , and discussed the internal shifts necessary for its imp

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Global Events Require Wargaming to Protect Profits

Enterra Insights

A year ago, a nervous world faced an uncertain economic future. At the time, journalist Jaren Kerr reported, “Corporate America is facing its sharpest drop in profits since the early stages of the coronavirus pandemic … as high inflation squeezes margins and fears of an impending recession hold back demand.”[1] Even though it appears the global economy is headed for a soft landing — with America leading the way — the news is not all good.

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Diversifying Beyond China: An Imperative for Global Supply Chain Resilience

Supply Chain Brain

With supply chains facing increasing complexities and risks, a “China Plus One” sourcing strategy has emerged as crucial for businesses operating on a worldwide scale.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Global Trade Compliance (GTC): A Beginner’s Guide

Logistics Viewpoints

Global Trade Compliance ( GTC ) solutions automate and streamline processes related to customs and regulatory compliance. GTC solutions automate the discovery, creation, retention, analysis, and communication of information about international supply chains that is of importance to customs and other government authorities responsible for regulation and taxation of cross-border trade.

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Why a Zero Trust Approach is Essential to Mitigate the Threat of Unsecured APIs

IT Supply Chain

By Karl Mattson (pictured) Group CISO, Noname Security The post Why a Zero Trust Approach is Essential to Mitigate the Threat of Unsecured APIs appeared first on IT Supply Chain.

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US Air Force Awards ThroughPut.ai Direct-to-Phase-II Contract for Boeing, Lockheed Martin, and Sikorsky Mission Design Series to Accelerate Aircraft Readiness

ThroughPut

Leveraging Data to Drive Maintenance-first actions that improve overall supply chain throughput across the DAF. New York City, New York, May 28, 2024 /PRNewswire/ — ThroughPut.ai, the Supply Chain Decision Intelligence Pioneer, announces it has been selected by AFWERX for a ( SBIR Direct-to-Phase II contract ) in the amount of $1,248,627.00 focused on “AI-Powered Proactive Supply Chain Capabilities” to address the most pressing challenges in the Department of the Air Force (DAF).

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The Hidden Benefits of Visiting Your DTC Fulfillment Partner (Or Perspective Partner)

Stord

If you work in the fast-paced world of e-commerce and direct-to-consumer (DTC) business, you rarely have a moment to breathe, let alone think. It can feel like you are constantly ping-ponging from one problem to the next. So the idea of taking the time to travel and visit your 3PL fulfillment partner is rarely, if ever, an option. But I am here to tell you, you need to make the time.

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2024 Annual T&L M&A Report

Tenney Group, an industry specialized M&A Advisory firm in the T&L space, produced the 2024 Annual M&A Report. The report contains an in depth overview of 2023 notable deals and the market, while also providing the outlook for 2024 M&A.

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Mitigating Supply Chain Disruption Through Smart Packaging

Supply Chain Brain

Supply chain disruption continues to be a challenge for retailers across the globe. Nevertheless, there are some proactive measures that retailers can take to mitigate risk.

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Microsoft Is Using The Coupa Supply Chain Design Tool to Reduce Carbon Emissions

Logistics Viewpoints

In 2020, Microsoft committed to become carbon negative by 2030, and by 2050, the company aims to remove historical emissions since its founding in 1975. The company is operationalizing this target by reducing emissions as much as possible, increasing use of carbon-free electricity, and removing the emissions that remain. Meanwhile, Microsoft opened roughly 100 new datacenters in 2023, and now has over 300 of them.

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Beyond the Food Safety Modernization Act: Aligning Compliance with GS1 Integration

IT Supply Chain

By Adem Kulauzovic (pictured) Director of Automation, Domino Printing Sciences The post Beyond the Food Safety Modernization Act: Aligning Compliance with GS1 Integration appeared first on IT Supply Chain.

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Key Takeaways From the 2024 Finished Vehicle Logistics Conference

BlueYonder

For over a century, the global automotive industry has centered around one primary technology: the internal combustion engine. However, the digitalization of modern cars is now transforming the industry, with significant implications for the entire supply chain. As vehicles become more connected, autonomous, electric, and customizable, automotive manufacturers are increasingly evolving into technology companies.

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Monetizing Analytics Features

Think your customers will pay more for data visualizations in your application? Five years ago, they may have. But today, dashboards and visualizations have become table stakes. Turning analytics into a source of revenue means integrating advanced features in unique, hard-to-steal ways. Download this white paper to discover which features will differentiate your application and maximize the ROI of your analytics.

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Embracing Decision Intelligence to Enhance Integrated Business Planning

Supply Chain Trend

Many Integrated Business Planning (IBP) cycles around the world are based on a 30-year-old process definition supported by 30-year-old planning concepts. This traditional IBP is often not sufficient anymore for a fast-changing world, where speed of decision making and taking the right action means competitive advantage. Well run, traditional IBP can have many positive outcomes, but there are also many limitations like sequential process steps, arbitrary periodic planning & decision cycles, e

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Watch: What’s Preventing Us From Stopping Modern-Day Slavery in Supply Chains?

Supply Chain Brain

Tom Plotkin, special counsel with Covington & Burling LLP, outlines the challenges that companies face in complying with a wide range of laws and regulations, old and new, prohibiting the use of forced labor in supply chains.

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Who’s Who in Logistics Department: A Comprehensive Guide to Key Roles

SCMDOJO

The logistics department is the unsung hero of the modern world, ensuring products reach their destination promptly and securely. But who are the key players behind the scenes? In this article, we will provide an insightful breakdown of the logistics department and the various professionals that make up this crucial team. From the warehouse manager to the transportation coordinator, each role in the logistics department contributes to the smooth flow of deliveries.

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Bitcoin: Catalyzing Transformation in Traditional Banking Models

IT Supply Chain

By Claire Lloyd (pictured) Content Writer The post Bitcoin: Catalyzing Transformation in Traditional Banking Models appeared first on IT Supply Chain.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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Blue Yonder Associate Shares How He Was Shaped By His Military Experience

BlueYonder

May is Military Appreciation Month and also Memorial Day, when we honor those lost in action. Blue Yonder associate JR Fuller, Vice President, Sales, shares his experience with the military and how it changed his life – and continues to influence him. I was 17 when I enlisted, with the signature of my parents of course, in the Army. I went directly from high school to Army basic training in Fort Jackson, South Carolina.

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Added Financial and Business Challenges for Boeing

Supply Chain Matters

Supply Chain Matters provides an added update relative to the ongoing business and supply network challenges occurring for commercial aircraft producer Boeing. Background In a number of prior postings, Supply Chain Matters has updated our readers on the corporate leadership, operational and supply network focused challenges for commercial aircraft producer Boeing.

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Amazon Planning for 16M Square Feet of New Warehouse Spaces in 2024

Supply Chain Brain

Supply chain consulting firm MWPVL International estimates that Amazon is planning for at least 170 new distribution facilities in the U.S. alone.

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LinkedIn Learning vs SCMDOJO: Which Online Learning Platform is Right for You?

SCMDOJO

Are you looking to enhance your professional skills and expand your knowledge base in the comfort of your own home? When considering online learning platforms, comparing LinkedIn Learning vs SCMDOJO is worth doing. LinkedIn Learning and SCMDOJO are two comprehensive online learning platforms that can help you achieve your goals. But how do you choose between the two?

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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Key Cybersecurity Concepts That Every Digital Currency User Should Know

IT Supply Chain

By Ian Benson (pictured) Content Writer The post Key Cybersecurity Concepts That Every Digital Currency User Should Know appeared first on IT Supply Chain.

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How Supply Chain Resilience is Vital in Warehouse Management

All Things Supply Chain

Today, businesses are constantly navigating a dynamic landscape filled with unforeseen challenges.

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Embracing Change: The Journey to MMOG/LE Success at TS Tech

QAD

In the dynamic landscape of manufacturing, adaptation is key to staying ahead of the curve. TS Tech, a supplier of seats and interiors, exemplifies this principle through their implementation of MMOG/LE (Materials Management Operations Guideline/Logistics Evaluation). Jeff Baltazar, VP of Manufacturing, and Wendy Horowitz, Corporate MMOG/LE Senior Manager, sat down with us on the Auto Supply Chain Prophets podcast to share TS Tech’s strategies and offer valuable insights for companies aspiring t