Tue.Sep 26, 2023

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How Supply Chain Managers Solve Challenges & Drive Efficiency

MercuryGate

Supply chain managers' roles have never been more critical or more challenging. In an era where global logistics intertwine with technology, economic shifts, and now, the significant “Great Resignation” labor movement, the demands on supply chain managers intensified. The post How Supply Chain Managers Solve Challenges & Drive Efficiency appeared first on MercuryGate International.

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ToolsGroup Acquires Evo for Industry Leading Responsive AI

ToolsGroup

ToolsGroup’s latest acquisition delivers quantum learning and advanced prescriptive analytics to strengthen its pricing, promotion, and inventory optimization solutions BOSTON and LONDON – September 27, 2023 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, announced today the acquisition of Evo , a provider of artificial intelligence (AI) and machine learning (ML) solutions for business performance optimization.

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September 26, 2023 Update

Freightos

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. More Resources Home September 26, 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.

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ToolsGroup and Evo: Bringing Prescriptive Analytics and Quantum Learning to Industry-Leading Retail Planning

ToolsGroup

Now that Evo is a ToolsGroup company, the big question is: “What innovation will Evo bring to the ToolsGroup offering?” While the real answer is “Plenty!”, the immediate transformation will come from the EvoAI engine, which will soon be integrated across the entire JustEnough and SO99+ product suites. What is EvoAI? EvoAI is the dynamic demand discovery technology that powers all Evo products.

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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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Where Should Business Decisions Be Made?

Enterra Insights

I have often quoted Bain analysts, Michael C. Mankins and Lori Sherer , who stated, “The best way to understand any company’s operations is to view them as a series of decisions.”[1] They added, “We know from extensive research that decisions matter — a lot. Companies that make better decisions, make them faster and execute them more effectively than rivals nearly always turn in better financial performance.

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Middle-Market Manufacturers Think Big This Year

QAD

According to a recent IndustryWeek article, middle-market manufacturing companies face many of the same issues their larger peers do, such as growing inflation, supply chain issues, talent attraction and retention, high asset replacement costs, and difficulty hiring and retaining top talent. Yet they lack the deep pockets of global companies. In the U.S., 200K middle-market companies represent one-third of the private sector’s GDP and employ approximately 48M workers, write Mike Williams and Er

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How to Build an Effective Data Management Software

IT Supply Chain

By Dwight J. Lawrence (pictured) Content Writer The post How to Build an Effective Data Management Software appeared first on IT Supply Chain.

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Cascading KPIs To Drive Business Performance

Silvon Software

The practice of “cascading” KPIs is used to align strategic objectives with business unit targets and performance measurements to drive positive results. This involves linking high-level objectives with departmental objectives and KPIs to create a clear line of sight from the top down. In this 3-minute post, we examine some key business objectives and cascading KPIs that can be used to analyze performance to the objectives.

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BDD vs TDD: Optimize Your Testing Process with the Right Approach

IT Supply Chain

By Ismail Khalid (pictured) Content Writer The post BDD vs TDD: Optimize Your Testing Process with the Right Approach appeared first on IT Supply Chain.

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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 Cloud-Connected CAD and PLM Drive Collaborative and Streamlined Product Development

Arena Solutions

Why do many products fail? There are several factors that contribute to companies not reaching their commercialization targets. Some include: Lack of understanding of the end-user goals and challenges Inability to mitigate risks or unforeseen disruptions Poor product quality or design Lack of product differentiation To illustrate, the Segway Electric Scooter’s introduction was met with a fast demise in 2001 due to its inability to solve consumers’ real-world problems 1.

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Getting Smarter About Logistics and Sustainability

BlueYonder

In a previous Blue Yonder blog post , we defined some of the advanced technologies that are impacting the logistics industry today and provided an overview of how they’re improving companies’ cost and service outcomes. But the benefits of artificial intelligence (AI), machine learning (ML), automation, and optimization engines go beyond service and cost enhancements.

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Supply Chain Management With JDE Managed Services: Everything You Need to Know

SCMDOJO

Supply chain management professionals know the essentiality of Enterprise Resource Planning (ERP): these software systems automate everything from procurement, inventory, and financials, as well as assist with customer relations and human relations. Of those programs, JD Edwards (JDE) is the most well-respected, being used in thousands of organizations worldwide thanks to its ease of use and comprehensive functionality.

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Elevating SAP Support: What makes a superb SAP Support Service?

IT Supply Chain

By Don Valentine (pictured) Commercial Director, Absoft The post Elevating SAP Support: What makes a superb SAP Support Service? 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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Building an Efficient Company From Top to Bottom

SCMDOJO

Companies operate on a balance between expenses and revenue. When revenue outpaces the cost of doing business, profitability is attained. When revenue is unable to keep up with expenses, the business will start to lose money. How an organization uses its available resources is one of the main priorities for leadership to determine. If you are running a business or fulfilling an executive position, part of this responsibility rests on your shoulders.

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Aircraft Parts Supplier Allegedly Falsified Parts Documentation

Supply Chain Matters

Supply Chain Matters highlights an ongoing incident involving aircraft engine manufacturers and their allegation that a parts supplier falsified documentation. Background Across aerospace and commercial aircraft supply networks, industry regulatory practices require that many major component parts require documentation. That especially applies to aircraft engines.

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U.S. to Spend $1.4B on Railroad Infrastructure

Supply Chain Brain

Freight rail infrastructure has come under scrutiny recently amid derailments, accidents involving hazardous materials, and blocked crossings.

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U.S. Distribution Challenges with Covid-19 Booster Vaccines

Supply Chain Matters

Supply Chain Matters highlights reports of distribution challenges of updated Covid-19 booster vaccines amid a surge in vaccination needs across the country. Across the U.S. , the fall season is quickly approaching and with that health officials and medical agencies expect a likely surge of new strains of Covid-19 infections as people return to more indoor activities over the next several months.

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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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Amidst Another Disappointing Peak Season, Manufacturers Increasingly Look to Data

Supply Chain Brain

Manufacturers can't prepare for everything, but they can prepare to be more agile when the inevitable disruptions occur.

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Get a handle on API sprawl & drive business value

Axway

You may remember that famous line from Field of Dreams: “If you build it, he will come.” While this sentiment works in the movies, it doesn’t realistically work for APIs.

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Warehouse Automation Solutions: Best and Worst Practices

Amware Logistics and Fulfillment

Fails are fairly common when it comes to warehouse automation solutions. According to an Ernst & Young study, 30% to 50% of robotic process automation projects fail globally.

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Q&A: Are 3PL Dedicated Trucking Services a Good Fit for Your Organization?

West Coast and California Logistics

With dedicated trucking services , your company can hire a 3PL provider to manage your transportation operations. The 3PL will dedicate equipment and staff solely to your business and will operate as though it is your company’s own transportation arm. The 3PL makes all investments in equipment, staffing, systems, and maintenance and charges you accordingly.

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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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FTC, States Accuse Amazon of Illegally Stifling Competition

Supply Chain Brain

The lawsuit pits Amazon against Khan, who published a paper while a Yale law student, arguing that antitrust laws had failed to stop Amazon from amassing power over its customers.

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Shopping Cart Abandonment | Let’s Talk

Saleswarp

   Why do 70% of consumers abandon their carts before completing their purchases and what can you do to prevent it? Let’s talk! Have more questions on shopping cart abandonment? Contact us The post Shopping Cart Abandonment | Let’s Talk appeared first on SalesWarp.

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The Power of a Customer-Centric Business

American Global Logistics

Traditional strategies focused on growing profits and market share are no longer sufficient. That's especially true in today’s hyper-competitive business environment. The modern business landscape calls for a more strategic approach. Specifically, your strategy must revolve around a customer-centric model. This model emphasizes customer needs, satisfaction, and lifetime value above all else.

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Exclusive Interview with AMGTA! ??

DiManEx

Last month, DiManEx had an insightful interview with AMGTA. Dive into the valuable perspectives shared by Pieter Ruijssenaars, CEO of DiManEx, as he discusses sustainability and the transformative power of additive manufacturing. Want to read the full interview? CLICK HERE The post Exclusive Interview with AMGTA! ?️ appeared first on DiManEx.

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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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South Africa Urges Greater Biosecurity on Avian Flu Outbreak

Supply Chain Brain

Vaccines aren’t yet available in South Africa, but government talks to finalize access are at an advanced stage and registration of the medicines will be fast-tracked.

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Major Shifts in Global Manufacturing Strategies Coming, Boston Consulting Group Says

Supply Chain Digest

Manufacturing Executives Aggressively Looking for China Alternatives, including the US

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Germany Seeks to Lock In LNG Deals to Avoid Cargo Diversions

Supply Chain Brain

The issue of securing supply has recently taken on importance as Europe’s gas market has seen renewed volatility due to supply risks.

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