Tue.Jun 27, 2023

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Creating a Conscious Supply Chain

Logistics Viewpoints

Across enterprises and boardrooms, companies are looking for solutions that not only address their business today, but the world around them tomorrow. Investors, customers, and other stakeholders are paying closer attention to the companies they do business with, asking that they not only make decisions that improve operations, but also decrease the negative effect on their environment and community: a supply chain with a conscience.

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The Top 7 Tangible Benefits of Automating Dock & Yard Operations

C3 Solutions

With the complexities and dynamism of the logistics industry, automation in the yard and dock management is no longer a luxury but a necessity to ensure success for the supply chains. By utilizing innovative technology to handle tasks traditionally done manually, businesses can enhance efficiency, improve accuracy, and adapt quickly to changes. To better understand the power of automation in this context, here are the top 7 tangible benefits.

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Watch: How Artificial Intelligence Is Revolutionizing the Supply Chain

Supply Chain Brain

Artificial intelligence is revolutionizing the supply chain, and Microsoft's entrant is Dynamics 365 Copilot, says Mike Bassani, general manager for supply chain at Microsoft.

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Will Food & Beverage Sales Skyrocket or Fizzle This 4th of July?

IT Supply Chain

By Glenn Koepke (pictured) GM of Network Collaboration at FourKites The post Will Food & Beverage Sales Skyrocket or Fizzle This 4th of July? appeared first on IT Supply Chain.

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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ResGreen and ProGlove Agree to Technology Partnership

Supply Chain Brain

ResGreen will integrate its BotWay Software and LilBuddy AMRs into ProGlove’s wearable hands-free barcode scanners, increasing the productivity of supply chains, assembly lines and logistics centers.

More Trending

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Defining Supplier Development

QAD

Supplier development refers to the collaborative efforts aimed at enhancing the capabilities and competitiveness of crucial and strategic suppliers. The objective is to improve various aspects such as cost, quality, cycle times and technology for the mutual benefit of both the manufacturer and the supplier. Supplier development can take a systematic and strategic approach to enhance overall supplier performance or focus on improving specific supplier capabilities.

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Supply?& Demand Chain? Executive?Awards Parkview Health and Tecsys with 2023 Top Supply Chain Project Award for Bringing Pharmacy Supply Chain into the Future

Tecsys

This award profiles innovative case study-type projects designed to automate, optimize, streamline and improve the supply chain.

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How Logistics and Supply Chain Careers Allow You “To Leave Your Mark,” Part 1

BlueYonder

In honor of National Logistics Day, which is June 28, I share a recap of a conversation I recently had with my colleague Ann Marie Jonkman , who leads Blue Yonder’s 3PL Industry Strategy. Ann Marie shares highlights from her logistics career and what she has treasured the most from it. Also, she and I discuss “ Current and Future Logistics Trends ” with Part 2 of that conversation coming soon.

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How Machine Learning Optimizes the Supply Chain

TransAudit

The supply chain, an integral part of modern commerce, continues to evolve, learning from the impacts of industry trends and global events over the years. One of the most profound technologies influencing this evolution is machine learning (ML), a subset of artificial intelligence (AI) that’s proving instrumental in enhancing various areas of supply chain operations.

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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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How Do Mergers and Acquisitions Impact Supply Chains?

Resilinc

Resilinc’s 24/7 monitoring system, EventWatch AI , is designed to track over 50 types and 400 sub-types of supply chain disruptions. This includes extreme weather events, cyberattacks, labor issues, and industrial accidents, to name a few. When receiving EventWatch AI alerts, clients are often surprised to find that Mergers & Acquisitions (M&As) are a frequently occurring disruption in their inboxes.

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Requis’ public API banishes data silos to improve capital procurement projects

Requis

Requis’ Public API resolves data silos and provides Energy, Construction, and Manufacturing industries a way to connect relevant data for reduced risk and higher ROI. Data is the lifeblood of any capital procurement project. No matter the industry, the ability to source suppliers and materials using accurate, reliable data makes all the difference in reducing risk, ensuring safe operations, and avoiding major financial setbacks during your project.

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What is Freight Forwarding? Definition, Benefits & Risks

Unleashed

Exporting goods overseas is time-consuming and complicated. One wrong decision and freight costs can skyrocket, greatly impacting your profit margins. If you’re sending goods internationally, third-party freight forwarding services offer a frictionless solution. Here we explore what freight forwarders do, the benefits and risks of working with one, and how the freight forwarding process works.

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TRADES: A Framework for Modern Third-Party and Supply Chain Risk Management

Exiger Perspectives

Exiger’s Proprietary TPRM & SCRM Framework THE ESSENTIAL ELEMENTS OF A MODERN ENTERPRISE THIRD-PARTY AND SUPPLY CHAIN RISK MANAGEMENT FRAMEWORK. Exiger’s propriety TRADES framework allows organizations to achieve supply chain resiliency and optimize risk management at any phase of maturity. The TRADES framework simplifies the third-party and supply chain risk management process and reflects the complexity and evolving nature of today’s threat landscape.

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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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Supply Chain Matters Podcast Episode 22: Supply Chains, AI and the Future of Work

Supply Chain Matters

Supply Chain Matters announces the availability of our latest podcast episode titled Supply Chains, AI and the Future of Work. Our invited thought leader guest is Doctor Yossi Sheffi, the Elisha Gray Professor of Engineering Systems at the Massachusetts Institute of Technology (MIT) where he also serves as long time Director for the MIT Center for Transportation and Logistics (CTL).

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Shippers: Have you considered contracted or outsourced fleets?

Locus

Transportation networks form the vital nerve center for every delivery-focused organization. Even the industry’s titans, who boast sizable in-house fleets, often find themselves outsourcing orders to third-party carriers due to overwhelming volumes and the absence of logistical infrastructure in specific areas and countries. However, it’s not merely these reasons that should prompt delivery organizations to consider strategic partnerships with external transport providers.

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Breaking News: Lordstown Motors Files for Bankruptcy and is Suing Foxconn

Supply Chain Matters

Electric truck start-up designer Lordstown Motors has filed for bankruptcy and is reportedly suing contract manufacturer Foxconn Technology over a prior equity and services arrangement. Background In 2021, with the assistance of the former Trump Administration , Taiwan based contract manufacturing services provider Foxconn and EV start-up designer Lordstown Motors executed a deal to facilitate the sale of a previous General Motors 6.2 million square foot auto production facility in Lordstown,

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BR Williams Hosts 2nd Annual Forklift Safety Event in Commemoration of National Forklift Safety Day

BR Williams Supply Chain Management

The 2nd Annual Forklift Safety Event emphasizes the significance of safety in forklift operation and reinforces BR William’s commitment to excellence in the warehousing, distribution, and fulfillment and supply chain industry. Oxford, AL – June 13th , 2023 – BR Williams, a leading provider of trucking, warehousing and logistics services, is proud to announce the successful celebration of the 2nd Annual Forklift Safety Event in honor of National Forklift Safety Day.

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More Than 40 New Manufacturers Join Configura’s Platform in 2023

More than 40 manufacturers across the commercial interior, material handling, and kitchen and bath industries expand offers via Configura’s CET platform in 2023.

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Top Three Trade Secrets for Posting Parcels to the USA for 4 July

IT Supply Chain

By David Jinks M.I.L.T. (pictured) Head of Consumer Research, ParcelHero The post Top Three Trade Secrets for Posting Parcels to the USA for 4 July appeared first on IT Supply Chain.

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The Key to Effective Vendor Selection in Transportation Logistics Technology

Talking Logistics

In software development, there is an adage that if you identify and correct a bug in early-stage design, it costs you a penny, a nickel in development, a dime in test, and after release, a dollar. Essentially, the later you identify a bug, the more costly it is to fix; therefore, organizations adept at building. Read more The post The Key to Effective Vendor Selection in Transportation Logistics Technology appeared first on Talking Logistics with Adrian Gonzalez.

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June 27, 2023 Update

Freightos

Blog " * " indicates required fields Email * More Resources Home June 27, 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. Judah Levine June 27, 2023 Unbox your Freight knowledge.

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Supply Chain News on Annual ATRI Study Finds Truck Operating Costs Went above Two Dollars per Mile in 2022

Supply Chain Digest

Soaring Fuel Costs Big Part of the Story but not All

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How To Package & Price Embedded Analytics

Just by embedding analytics, app owners can charge 24% more for their product. How much value could you add? This framework from Software Pricing Partners explains how application enhancements can extend your product offerings. You’ll learn: How to take a disciplined approach to pricing The three elements of the Packaging Decision Framework Ways to structure your new embedded analytics offering Download the White Paper to learn about How To Package & Price Embedded Analytics.

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Hungarian Minister Warns Against China 'De-Risking'

Supply Chain Brain

“Political leaders in Europe. are interested in so-called decoupling or de-risking. Which, to be honest, according to our understanding, would be [economic] suicide,” said Hungary’s Foreign Minister.

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Solution Architect Scott Segrin Shares 3 Keys to a Successful QMS Implementation

Arena Solutions

Today, many medical device companies are realizing the benefits of investing in an enterprise quality management system (eQMS) as they look to comply with stringent regulations and introduce safe, life-enhancing products to market. Yet oftentimes they are reluctant to make the leap due to employees’ aversion to change and comfort level with using manual or paper-based systems.

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How to Promote Sustainability in the Distribution Industry

Supply Chain Brain

As consumers demand more sustainable practices, and governments increase regulations, businesses must promote environmental responsibility, and change how they operate.

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Benchmark Ocean Freight Container Rate to Avoid Overpaying

I.C.E. Transport

Over the past year, we’ve seen container rates plunge more than 75% due to slackening demand for capacity. If you’re a global shipper – large or small – you’re likely already reaping the benefits as ocean carriers and freight forwarders slash their prices to match market rates. But how do you know if you’re getting the best deal?

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What is Mesh Networking Trends Report

This report details the capabilities of mesh networks, how they work, and the applications they thrive in supporting. Connectivity is necessary for optimal productivity, and mesh networking will soon be a significant provider of connectivity globally.

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What to Consider Before Making Generative AI a Part of Your Procurement Strategy

Supply Chain Brain

Generative artificial intelligence is coming, and the ability of procurement organizations to adopt it quickly, safety and securely could be key to their success in 2023 and 2024.

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Why Transportation Cybersecurity is a Team Sport

MercuryGate

When it comes to protecting internal data and systems from hackers, security relies on all of us working together. Transportation cybersecurity threats are everywhere and constantly evolving. No industry is less a target than any other. If a cybercriminal can find a way in, they’ll take it. The post Why Transportation Cybersecurity is a Team Sport appeared first on MercuryGate International.

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Loadsmart Introduces A.I. to Its Freight Management Platform

Supply Chain Brain

The new feature enables shippers to interact with the ShipperGuide platform “as if they were talking to colleagues,” according to a statement from Loadsmart.

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