Thu.May 04, 2023

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Editor’s Choice: 5 Supply Chain Management Success Factors for CPG Companies

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 Erin Sun at Oracle and identifies five supply chain success factors CPG companies need to know for increased profitability. Optimizing a vast and complex supply chain is a growing challenge for Consumer Packaged Goods (CPG) firms.

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Our Top 6 Takeaways From the ICON 2023 Day 1 General Session Keynotes

BlueYonder

ICON 2023 Day 1 has come to a close, and our heads are still spinning from the incredible speakers, the meaningful connections and networking, and that one-of-a-kind Pitbull concert. Here are our top six takeaways from the ICON 2023 Day 1 keynotes: 1. We’re creating the supply chain operating system for the world. The next-generation supply chain platform powers cognitive applications using: a single data cloud, end-to-end connectivity, and infinite intelligence. — Duncan Angove, CEO, Blue Yonde

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How to be your own data security expert in the absence of 2FA

IT Supply Chain

By Scott McKinnon (pictured) Field CISO EMEA at VMware The post How to be your own data security expert in the absence of 2FA appeared first on IT Supply Chain.

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Improving Inbound Logistics Through Supplier Visibility

Supply Chain Brain

Managing supply chain risk and resiliency are more than buzzwords, they are what drive us to succeed and by extension the success of the businesses we support. The last three years have shown us that as supply chain leaders we can never prepare enough.

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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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What is New in MMOG/LE Version 6?

QAD

Are you looking for what to expect in the new version? Look no further as QAD has boiled it all down for you. Plus, I will be hosting a webinar on MMOG/LE Version 6 on May 16, 2023. Register here to learn everything you need to know and get up to speed! What is MMOG/LE? The Automotive Industry Action Group (AIAG) and Odette International released the sixth version of the Materials Management Operations Guideline/Logistics Evaluation (MMOG/LE) assessment on April 1, 2023.

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3 Useful AI Tools for Business Professionals

SCMDOJO

Artificial intelligence (AI) is transforming the way supply chain or business professionals work. From predictive analytics to automated decision-making, AI tools can help streamline processes, reduce costs, and improve efficiency. In this article, we’ll explore some of the top AI tools for business and supply chain professionals and how they can be integrated into your daily processes.

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Adform Helps Audi Cut 52% of its Digital Advertising Carbon Emissions

Supply Chain Brain

Adform's programmatic campaign technology decreased Audi’s advertising supply chain carbon emissions by 52% helping the car manufacturer bolster the performance of its ad campaign by 65%.

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A cost-effective option for cargo transportation: Bid farewell to freight exchanges & brokers

IT Supply Chain

By Dwight J. Lawrence (pictured) Content Writer The post A cost-effective option for cargo transportation: Bid farewell to freight exchanges & brokers appeared first on IT Supply Chain.

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Mitigating Supply Chain Corruption Risk

Supply Chain Brain

Not only employees can put you at risk, but your partners, suppliers and other third parties can as well, and they usually have less oversight.

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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 Supply Chain Leaders Can Make Sense of Data Complexity

IT Supply Chain

By Brian York (pictured) Head of Product, LevaData The post How Supply Chain Leaders Can Make Sense of Data Complexity appeared first on IT Supply Chain.

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It’s Now Time for the Supply Chain Industry to Highlight Environmental Progress

Supply Chain Brain

Sustainability initiatives shouldn’t be isolated from business growth.

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Added Developments and Clarity to Boeing 737 MAX Production Pause

Supply Chain Matters

Supply Chain Matters provides an update to the announced production pause of certain models of Boeing 737 MAX family aircraft as a result of a discovered manufacturing process issue. Background In a recent Supply Chain Matters posting we highlighted the Q1-2023 production and supply chain performance for commercial aircraft producers Airbus and Boeing.

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How to Fight Forced Labor in the Supply Chain

Supply Chain Brain

The enormity of the exploitation of human labor across the globe is staggering. Yet there are actions that business leaders can take right now.

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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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Key Security Risks of Legacy Inventory Management Systems & How to Address Them

RFgen

Key Takeaways: Using outdated inventory management software impacts operational efficiency in ways you may not realize. Hidden dangers include ineffective management, cyber vulnerabilities, compliance challenges, and insufficient functionality. Address aged-out software by upgrading to a modern inventory solution built on a configurable mobile platform.

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Are ESG Risks Hiding in Your Supply Chain?

Supply Chain Brain

Businesses are facing a scenario in which their legal, regulatory and reputational risk profiles are being determined by the level of their understanding of sustainable chemistry.

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The Endless Aisle: Is This The Next Big Inventory Strategy?

Unleashed

An endless aisle strategy can help you overcome the challenges of limited storage and locked-up cash flow. For retailers, this useful tactic offers many competitive advantages and tempting benefits. But how does it work? What are the strategies, what are the risks? Keep reading to find out. Learn more: Unleashed’s Guide to Inventory Management Systems What is the endless aisle?

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Four Tips for Companies to Prepare for ESG Disclosure Regulations

Supply Chain Brain

A company’s supply chain represents up to two-thirds of its ESG footprint, so procurement teams should focus on data visibility and flexibility in their supplier management processes, to prepare for coming regulations.

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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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Breaking Tech News- Flexport to Acquire Shopify’s Logistics Fulfillment Operations

Supply Chain Matters

The Supply Chain Matters blog highlights breaking logistics technology news regarding Flexport’s i ntent to acquire the logistics and last mile customer fulfillment services of Shopify, including existing fulfillment centers. In a communication published to Flexport employees today , CEO Dave Clark indicated that the San Francisco based global transportation and logistics Cloud platform provider will be acquiring the logistics operations assets of online retail platform provider Shopify.

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USDA Names Regional Food Business Center Finalists, Pledges $420mn for Supply Chains

Supply Chain Brain

The United States Department of Agriculture will be creating 12 new USDA Regional Food Business Centers and launching a $420 million Resilient Food Systems Infrastructure (RFSI) Program.

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What is Line Haul Transportation and How It is Driving Efficiency

Locus

The logistics industry relies on the efficient transportation of goods between locations and line haul transportation plays a significant role in this. In 2021, in the United States alone, the total transportation logistics costs came to around 1.2 trillion U.S. dollars and the global line haul truck market revenue is expected to grow at 6.1% from 2019 to 2027.

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Drayage: A Closer Look At Intermodal Transportation in the Supply Chain

Ware2Go

Drayage is a critical step in supply chain management to get product from freight to parcel. See how businesses of all sizes are increasing certainty around drayage to build more resilient supply chains. What Is Drayage? Drayage is the movement of a shipping container from a cargo import location, such as a port, to an end location (typically a warehouse ).

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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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Minimum Orders | The Hidden Side of Stocks

Demand Driven Technologies

Do you know how minimum orders, minimum production releases, and transfer batches affect your distribution network? As a supply chain professional, it’s essential to understand the impact of lot sizes on your inventory, lead times, and ability to deliver to your customers. In this article, we’ll explore how to visualize the impact and adapt to.

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Climate Litigation in the Supply Chain: Anticipating Developments and Impacts

Supply Chain Brain

Businesses need to prepare for regulatory interventions that stipulate climate action specifically aligned with the 1.5°C target set by the Paris climate agreement.

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Building strategic and sustainable competitive advantage with supply chain resilience

Jaggaer

The post Building strategic and sustainable competitive advantage with supply chain resilience appeared first on JAGGAER.

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Supply Chains Must Follow the Science, and Wake Up to Climate Risk

Supply Chain Brain

Every actor in the global industrial and manufacturing supply chain has a role to play in reducing global emissions, while driving innovation and competition.

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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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Redesigning The Supply Chain: How ESG Forces A New Outlook

Exiger Perspectives

The post Redesigning The Supply Chain: How ESG Forces A New Outlook appeared first on Exiger.

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Needs for Sustainability and Resilience Present Opportunities for Supply Chain Action

Supply Chain Brain

Too often, high-profile pilot circular projects and material substitution experiments are implemented that could never create a significant impact.

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Putting Business Competition in Perspective

Enterra Insights

Business leaders focus a lot on the importance of competition and how to create a competitive advantage. However, the late creativity guru Edward de Bono once stated, “Companies that solely focus on competition will die. Those that focus on value creation will thrive.” That sentiment was echoed by the late Harvard Business School professor Clayton Christensen.