Thu.Jun 22, 2023

article thumbnail

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.

article thumbnail

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

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

France’s transatlantic sail-powered cargo revolution should put the wind up Brits

IT Supply Chain

By David Jinks M.I.L.T. (pictured) Head of Consumer Research, ParcelHero The post France’s transatlantic sail-powered cargo revolution should put the wind up Brits appeared first on IT Supply Chain.

Cargo 104
article thumbnail

Chamber of Commerce Welcomes Medical Supply Chain Resilience Act

Supply Chain Brain

The Medical Supply Chain Resiliency Act would allow the establishment of trusted trade partnerships to diversify the sourcing and procurement of medical devices as well as pharmaceuticals.

article thumbnail

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

article thumbnail

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.

Quality 92

More Trending

article thumbnail

Shein Eyes Overseas Expansion to Shift Supply Chain Beyond China

Supply Chain Brain

The company will launch an online marketplace in Mexico followed by rollouts in Germany, Spain, France and Italy during the third quarter of 2023.

Italy 95
article thumbnail

Central banks fail to learn the lesson of history… again

IT Supply Chain

By Oliver Chapman (pictured) CEO, OCI The post Central banks fail to learn the lesson of history… again appeared first on IT Supply Chain.

article thumbnail

Innovative Supply Chain Center Solution Launched in Illinois

Supply Chain Brain

The center will cater to the state’s SMMs and OEMs, providing them with the tools and services needed to strengthen their supply chains.

article thumbnail

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

article thumbnail

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.

article thumbnail

Alcott Global Reveals the Nominees for the Leaders in Supply Chain Awards 2023

Supply Chain Brain

The latest supply-chain news, analysis, trends and tools for executives in the supply chain management industry.

article thumbnail

Symbiosis & Synergy: Consulting, ERP Systems, and Inventory Management

RFgen

In today’s complex, fast-paced supply chain, well-oiled operations are essential. With the need to pivot quickly, organizations must remain flexible to adapt to ever-changing conditions. To make that happen, people, processes, and technology must gel into one symbiotic ecosystem. Unlocking the synergy between consulting services, ERP systems, and inventory management is the key to creating a powerhouse of efficiency.

article thumbnail

Redux on Largest Commercial Aircraft Order in History

Supply Chain Matters

Background In February of this year, numerous business and aerospace industry media reported on the milestone of the largest commercial aircraft order in the industry’s history. That milestone was a single order from Tata Group owned Air India Airlines for a total of 250 Airbus and 210 Boeing aircraft with a total list price value reported to be upwards of $60 billion.

India 59
article thumbnail

Unlocking the Potential of 3D Printing for Spare Parts Availability

Synovos

Unlocking the Potential of 3D Printing for Spare Parts Availability Creating a new supply channel can be problematic. Creating a new channel with an experimental technology, in the context of a waning global pandemic and persistent supply chain disruptions, is also challenging. But the potential benefits demand the attention. The Background During the height of the pandemic, a large pharmaceutical manufacturer was exploring ways to reduce supply chain costs without impacting plant reliability.

article thumbnail

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.

article thumbnail

5 Capabilities That Every Supply Chain Solution Must Offer

ThroughPut

Building Robust Supply Chains that are Equipped to Overcome Tomorrow’s Business Challenges According to Gartner ’s recent survey, only 21% of organizations are confident of operating with a highly resilient supply chain network. And high resilience here translates into good visibility and the agility to shift sourcing, manufacturing and distribution activities around swiftly and rapidly.

article thumbnail

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

Supply Chain Matters

We wanted to alert our Supply Chain Matters readers to an upcoming special and rather timely podcast episode that publishes next week. Once again, our invited guest for our upcoming episode will be Professor Yossi Sheffi, Professor of Engineering at the Massachusetts Institute of Technology (MIT) where he also serves as long time Director for the MIT Center for Transportation and Logistics (CTL).

article thumbnail

Can I Replace Excel? 3 Business Activities You Can Streamline Without Spreadsheets

TrackVia

For years, Microsoft Excel has been the go-to tool for businesses when it comes to data manipulation and analysis. Its powerful features have made it a staple in offices worldwide, but times are changing. While Excel remains an excellent resource for specific applications, there are more efficient alternatives available that can streamline many business activities.

article thumbnail

Highlights of Kinaxis 2023 Annual Customer Conference

Supply Chain Matters

Supply Chain Matters provides highlights of supply chain planning and execution orchestration provider Kinaxis’s annual customer conference held both physically in Nashville, Tennessee , and virtually livestreamed. Kinexions23 turned out to be the most well attended event in this tech provider’s history, with upwards of 730 attendees in Nashville , and hundreds more streaming online.

article thumbnail

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.

article thumbnail

Achieve Flawless Transporter Management Without APIs | Locus Transporter Management

Locus

Transporters serve as the backbone for successful delivery companies when it comes to long-haul, multi-day deliveries. Without these vital links in the supply chain, many organizations would struggle to grow their business. However, transporters face a call on their business growth as many of their systems lack tech and API capabilities, necessitating time-consuming manual coordination with intersted businesses.

article thumbnail

Collaboration & Pull Flow: Long Lead Times in Supply Chain

Demand Driven Technologies

Implicitly, when we think to pull flow, Kanban, for example, we think of short lead time. We trigger the next supply to renew consumption, so this implies a rapid reaction time, doesn’t it? On the other hand, for components with long lead times – say, for example, an item with a replenishment lead time of.

article thumbnail

From Supply Chains to Bike Chains: Teamwork and Community Service at Tecsys

Tecsys

As we move further into 2023, the spirit of teamwork and community service at Tecsys continues to thrive, even as the world around us evolves and our team has shifted to a remote-first working environment. The culture of camaraderie and community-mindedness that has been a hallmark of Tecsys for years has not only persisted but has grown stronger, proving to be a resilient force within the organization.

article thumbnail

ThroughPut Inc. Launches New AI-powered Multidimensional Customer Segmentation Capabilities for Accelerated Supply Chain Profitability

ThroughPut

AI-driven Supply Chain Customer Segmentation Capabilities to Enable Businesses to Effectively Maximize Revenue , Prioritize Order Fulfillment, Improve Customer Satisfaction and Enhance Share of Wallet PALO ALTO, CA, June 22, 2023 /PRNewswire/ — ThroughPut Inc. , the Industrial AI Supply Chain pioneer, today announced the addition of powerful customer segmentation capabilities aimed at helping its customers plan, manage, and fulfill demand more effectively.

article thumbnail

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.

article thumbnail

Solvoyo Earns G2 High Performer Badges for Multiple Categories

Supply Chain Management and Analytics

Solvoyo, a leading provider of intelligent supply chain planning and optimization solutions, has recently been recognized by G2, the world’s largest tech marketplace, with multiple High Performer badges in Supply Chain Suites, Supply Planning, Demand Planning, Enterprise Supply Chain Planning, and Users Love Us categories. G2’s recognition of Solvoyo’s supply chain suites further establishes the … Continue reading "Solvoyo Earns G2 High Performer Badges for Multiple Categories" The post Solvoyo

article thumbnail

7 Ways to Drive Sales and Increase Profit in the Manufacturing Industry

IT Supply Chain

By Srdjan Gombar (pictured) Veteran Content Writer The post 7 Ways to Drive Sales and Increase Profit in the Manufacturing Industry appeared first on IT Supply Chain.

article thumbnail

Improve Augmented Reality Accuracy with Machine Learning

DELMIA Quintiq

What is Machine Learning? It is a branch of artificial intelligence that focuses on creating algorithms that allow computers to learn from data. Unlike traditional programming, where the computer follows specific instructions to perform a task, machine learning helps the computer to learn from experience. The process begins by acquiring data used to train a model.

article thumbnail

IT & Business: A Symbiotic Relationship

IT Supply Chain

By Jessica Sweet (pictured) Content Writer at makeLifeSweeter.com The post IT & Business: A Symbiotic Relationship appeared first on IT Supply Chain.

article thumbnail

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.

article thumbnail

SCRC Meeting – Patrick Fox from VF Corporation: “Creating a Global Trade Playbook”

NC State SCRC

Patrick Fox, Senior Director for Customs and Trade Strategy for VF, presented at the SCRC and made a number of excellent observations about the current trade environment. Patrick noted that in his long career at VF, he serves in a number of roles that allowed him to understand the complexity of global trade. The magnitude of this task was expressed in his presentation as follows.

Global 40
article thumbnail

Supply Chain by the Numbers for June 22, 2023

Supply Chain Digest

US Truck Tonnage Rises in May. Port of LA Wants to Gain Back Share. US Manufacturing Output Weak in May.

article thumbnail

Hanjin sends shippers scrambling…

NC State SCRC

Hanjin bankruptcy gives shippers crash course in risk mitigation The bankruptcy of Hanjin Shipping will have shippers scrambling for transport alternatives during Peak Season, as global seaports also struggle to find ways of mitigating the impact of this colossal event. “logistics managers should be cancelling bookings with Hanjin Shipping” Rick Bridges, Roanoke Trade Insurance Hanjin operates 98 container ships totalling 600,000 twenty-foot equivalent units (TEUs), 11 port terminals and 74 depl

Cargo 40