Thu.Aug 03, 2023

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Top 10 Supply Chain Disruptions: 2023 Midyear Recap

Resilinc

We’re already over halfway through 2023, and things are looking up for the supply chain. We dug into the data from our event watch monitoring platform, EventWatch AI , and here’s what we found. From January to June, we saw a total of 8,197 supply chain disruptions , only a 3% year-over-year increase. This ever-so-slight increase hints that the supply chain is stabilizing—which is great news considering how volatile the past few years have been.

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7 Supply Chain Strategies for Pharmaceutical Brands to Compete Against Generics

The Network Effect

The post 7 Supply Chain Strategies for Pharmaceutical Brands to Compete Against Generics appeared first on The Network Effect.

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Microgrid Economics – Microgrids Growing Faster Than Larger Grids

Logistics Viewpoints

The reason that microgrids are growing faster than larger grids comes down to economics. In many cases microgrids are now bankable investments due to high power costs, low renewable and battery costs, and the value of improving power resilience. The option of using local power generation from a microgrid for supplying your electric power can alleviate the risk of power outages when your main grid fails.

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Russia’s War in Ukraine Impacts the World

Enterra Insights

Earlier this year, presidential hopeful U.S. Ron DeSantis insisted, “While the U.S. has many vital national interests — securing our borders, addressing the crisis of readiness within our military, achieving energy security and independence, and checking the economic, cultural, and military power of the Chinese Communist Party — becoming further entangled in a territorial dispute between Ukraine and Russia is not one of them.”[1] His depiction of the war as a “territorial disputeR

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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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Advanced Product Quality Planning – The 5 Phases of APQP

QAD

Updated: August 3, 2023 Published: April 1, 2019 Achieving Customer Satisfaction and Competitive Advantage at Lower Costs Understanding and meeting customer expectations is at the heart of Advanced Product Quality Planning (APQP) and are key requirements for any business to be successful. APQP’s focus on customer needs ensures that products are developed and manufactured to fulfill those requirements, resulting in increasing customer satisfaction, improved customer loyalty and business competiti

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Global PMI Levels in July Remain of Concern

Supply Chain Matters

Supply Chain Matters provides highlights and perspectives on reported July 2023 global and regional production and supply chain PMI indices. The July numbers signal a continued downturn in global manufacturing conditions with output and new order rates reportedly falling at faster rates. The data reinforces the warning signs of June and Q2, suggesting added contraction levels.

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Implement These 5 Strategies to Elevate Your Retail Business Performance

IT Supply Chain

By Dwight J. Lawrence (pictured) Content Writer The post Implement These 5 Strategies to Elevate Your Retail Business Performance appeared first on IT Supply Chain.

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Watch: How to Prepare for the Next Leg of the Freight Cycle

Supply Chain Brain

The mass disruptions of the pandemic forced a broad acknowledgement that there’s a lot of waste in current supply chains, says Chris Pickett, COO at Flock Freight.

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How Yellow’s bankruptcy puts pressure on businesses

IT Supply Chain

By Charles Haverfield (pictured) CEO, US Packaging & Wrapping The post How Yellow’s bankruptcy puts pressure on businesses appeared first on IT Supply Chain.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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On Cloud Machining Explained: Types, Techniques & Applications of Machining Processes

DELMIA Quintiq

In the ever-evolving business landscape, digital transformation has become a non-negotiable imperative for all industry leaders. The cloud stands out as the pivotal enabler of these transformational endeavors. An astounding 90% of best-in-class organizations that have successfully embraced digital transformation are already leveraging cloud services and platforms, attesting to its significance [1].

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Instagram add labels for AI content

IT Supply Chain

By Eduardo Azanza (pictured) CEO, Veridas The post Instagram add labels for AI content appeared first on IT Supply Chain.

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Supply Chain Comment on The State of Global Energy 2023

Supply Chain Digest

Annual BP Statistical Review of World Energy again Provides a Wealth of Data

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Choosing the Right Mortgage: How to Find Your Ideal Loan Option

IT Supply Chain

By Allen Brown (pictured) Content Writer The post Choosing the Right Mortgage: How to Find Your Ideal Loan Option appeared first on IT Supply Chain.

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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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Global Grain Prices Soar Following Russian Attack on Ukrainian Port

Supply Chain Brain

The EU warned developing countries that Russia would begin offering cheap grain as a way to create new dependencies stemming from economic vulnerabilities and global food insecurity.

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Mastering BPMN 2.0: The Secret to Enhancing Your Business Processes

TrackVia

In an era defined by constant innovation and complexity, the need for clear, efficient business processes is more critical than ever. At the heart of this efficiency lies Business Process Model and Notation (BPMN) 2.0, a game-changer in business process modeling. Widely adopted across industries, BPMN 2.0 has empowered organizations to visualize, manage, and improve their operational procedures in a standardized, easily comprehensible way.

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Saudi Arabia Extends 1M-Barrel Oil Cut, Says It Can Be Deepened

Supply Chain Brain

The leader of the Organization of Petroleum Exporting Countries (OPEC) will continue the cutback of 1 million barrels a day — launched during July — into September.

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Mastering BPMN 2.0: The Secret to Enhancing Your Business Processes

TrackVia

In an era defined by constant innovation and complexity, the need for clear, efficient business processes is more critical than ever. At the heart of this efficiency lies Business Process Model and Notation (BPMN) 2.0, a game-changer in business process modeling. Widely adopted across industries, BPMN 2.0 has empowered organizations to visualize, manage, and improve their operational procedures in a standardized, easily comprehensible way.

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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

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Hanwha Ocean Secures LNG Carrier Order Worth Almost $260M

Supply Chain Brain

Hanwha won the contract from an undisclosed client based in Asia and will deliver the LNG tanker to the customer during the first half of 2027.

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Candock Embarks on Digital Commerce Growth with Tecsys’ Cloud WMS Platform

Tecsys

World leader in modular floating docks digitizes warehouse operations to navigate new era of omnichannel commerce and set sail for global growth.

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The Benefits of Future Available-to-Promise Inventory

Supply Chain Brain

Retailers need to unify inventory data in real time, and ensure that products are available for fulfillment across all sales channels.

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3 Benefits of Warehouse Execution Systems for Healthcare Providers

Lucas

Regarding warehouse execution and management systems, operators usually focus on the benefits. The top priorities are enhanced productivity, decreased worker on-floor travel, and reduced labor hours. But with those improvements inside the warehouse, your system must also provide the tools to improve efficiency downstream. The post 3 Benefits of Warehouse Execution Systems for Healthcare Providers appeared first on Lucas Systems.

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GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. Whether from geopolitical tensions or the havoc caused by the pandemic and its aftershocks, plenty of challenges remain. Despite this, leaders are seeing a glimmer of light at the end of the tunnel — inflation is decreasing, interest rates are leveling off and supply chain volatility is easing.

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What Retailers Need to Know About Age Demographics and Home-Delivery Sustainability

Supply Chain Brain

In a time of growing environmental awareness, retailers need to adjust their sustainability and home-delivery strategies, especially with respect to age.

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Ocean Yield Investing in Four LR1 Oil Tankers

Supply Chain Brain

The ships will be built with special duel-fuel engines that allow the vessels to use methanol as their main energy source.

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Podcast | The Age of AI: Will It Drown Us in Misinformation?

Supply Chain Brain

Will the latest evolution of artificial intelligence create a fount of information — or misinformation?

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