July, 2022

article thumbnail

Supply Chain Sustainability: The Business Case for Growth and a Competitive Advantage- ToolsGroup

ToolsGroup

Companies are leveraging supply chain sustainability to gain a competitive advantage–while supporting people and the environment.

article thumbnail

Reducing the Impact of High Fuel Costs Goes Beyond the Transportation Department

Logistics Viewpoints

The rise in fuel costs, especially diesel, is significantly impacting the bottom line of many B2B companies such as distributors and wholesalers. While the transportation department bears the brunt of high fuel costs, it may not have much ability to mitigate the impact of these costs on the broader business as many of the causes of high fuel consumption come from outside the transportation department.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Managing Supply Chain Disruptions: U.S., U.K. Manufacturers Accelerate Procurement

ivalua

Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. Redwood City, CA, July 12, 2022 – Manufacturers are working to accelerate digitization initiatives to manage supply chain disruptions in 2022 and beyond, according to an original survey commissioned by Ivalua , a leading global spend management cloud provider.

article thumbnail

How to Make Technology a Friend, Not a Foe

Talking Logistics

We live in an age when our technology devices are so intuitive that any 3-year-old can download the apps for Pokémon, Lego Duplo World, or their favorite game in 30 seconds on an iPhone. As professionals, we often wish that the technology we use in our work lives was equally intuitive and user-friendly, especially since. Read more How to Make Technology a Friend, Not a Foe.

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

Trucker Tools with Kary Jablonski

The Logistics of Logistics

Kary Jablonski and Joe Lynch discuss Trucker Tools. Kary is the CEO of Trucker Tools, the leading carrier relationship management platform that helps brokers grow their carrier network, book loads digitally, track freight, and build enduring relationships with carriers to drive reuse.

More Trending

article thumbnail

What is Supply Chain Agility, and Why is it a Game-Changer?

C3 Solutions

When we hear the word ‘agile,’ most would think of athletes and fitness. But in business parlance, agility is understood differently. It is the ability to adapt seamlessly. This agility or flexibility is an important aspect of various business systems in use today. In the context of supply chains and logistics, agility refers to how quickly businesses can adjust to the latest developments in the industry.

article thumbnail

Inflation in 2022: Is the Bullwhip Effect to Blame for Retail Inventory Glut

Logistics Viewpoints

Last week I saw a news headline from the Washington Post stating Michael Burry’s ‘Bullwhip’ Tweet Deserves Serious Attention. Michael Burry ( @michaeljburry ) is most well-known as the hedge fund manager portrayed by Christian Bale in the movie “ The Big Short.” His track record justifiably garners many followers on Twitter – 895,000 according to the account.

article thumbnail

Supply Chain Greenwashing? Six Certifications to Look For

Supply Chain Brain

In recent years, consumers have become increasingly interested in shopping sustainably. With that increasing interest has come a lot of confusion — 64% of Americans are willing to pay more for sustainable products, but 26% don’t know how to identify them.

article thumbnail

How Are Supply Chain Disruptions Causing Strain in Laboratories?

All Things Supply Chain

Supply chain shortages make securing the goods people need and want tremendously difficult. Sometimes, such issues cause mere annoyances or mean consumers must wait longer for non-essential items.

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

Smart, data driven stock-buying initiatives will be the key for supermarket survival

IT Supply Chain

By Sachin Jangam (pictured). CPG, Retail & Logistics Lead, Infosys Consulting. The post Smart, data driven stock-buying initiatives will be the key for supermarket survival appeared first on IT Supply Chain.

Data 119
article thumbnail

Council Post: The Foundation To Achieving Supply Chain Resilience

Supply Chain Brief Submitted Articles

With staggering inflation rates, fuel costs and labor shortages, businesses worldwide are navigating persistent unpredictability throughout the entire value chain. Boosting supply chain resilience is inevitably the new imperative.

article thumbnail

How Southeast Asian manufacturers can use ERP to realign the supply chain

SYSPRO Smarter ERP

For decades, ASEAN manufacturing, once seen as a global phenomenon, had been overshadowed by the meteoric rise of Chinese factories. In 2019, China accounted for 28.7 percent of global manufacturing output and was regarded as the world’s manufacturing superpower. Of course, the pandemic then hit global shores, not to mention the ripple effects of global trade wars.

article thumbnail

Gamification and Robotics Level Up Employee Engagement

Logistics Viewpoints

Across the global business ecosystem, sourcing and retaining top talent labor is of utmost importance. This is no less true of the supply chain industry, which must manage high customer demand while simultaneously experiencing unprecedented labor issues. What’s more, the physical rigors and repetitive nature of supply chain work are creating massive challenges when it comes to employee retention.

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

Why the Supply Chain Talent Shortage Isn’t Letting Up

Supply Chain Brain

As we appear to be emerging from our worst healthcare crisis in a century, many experts have assumed that people would eagerly return to work. But that is simply not happening. .

article thumbnail

Top 10 Best Supply Chain Job Boards

SCMDOJO

Supply Chain Job Boards are aplenty, but how do we classify the ones worth our time as SCM Professionals? To help answer this question and reduce time wastage going through multiple platforms, we ran a survey based on recommendations provided by several professionals on supply chain job boards, including those I have tried over time. The platform includes supply chain entry-level jobs and supply chain remote jobs.

article thumbnail

‘Limitations of liability’ – Who is ultimately liable for your data in the cloud?

IT Supply Chain

By John Michael (pictured). CEO, iStorage. The post ‘Limitations of liability’ – Who is ultimately liable for your data in the cloud? appeared first on IT Supply Chain.

Data 119
article thumbnail

Diversifying for the Future: Women in Supply Chain

Supply Chain Brief Submitted Articles

The next generation of the supply chain is here – evolving to be more nimble, more global, and more technologically-advanced than ever before. And, more diverse. As our industry steps forward, it’s critical we ensure the next generation of talent sees themselves reflected in our workforce.

article thumbnail

Strategic Cost Management Approaches to Unlock Growth and Increase Profitability

How can businesses gain a competitive edge in an era marked by relentless competition and economic fluctuations? The secret is mastering strategic cost management strategies. This GEP bulletin, "Strategic Cost Management Approaches to Unlock Growth and Increase Profitability," breaks this down into clear, actionable steps. Discover how these strategies can boost your enterprise's financial health, helping not only to keep up but to excel in today's market.

article thumbnail

7 key skills for successful supply chain and procurement negotiation

Procurement Academy

Negotiation is key to business success. Successful negotiation involves good interpersonal and communication skills used together to bring a desired result. For procurement professionals, it’s a core skill that’s essential to be well practiced in. A good negotiator can ensure the right prices are secured, which makes a significant contribution to an organization’s success.

article thumbnail

Making the Connection: The Real-World Value of Logistics Digitalization

Logistics Viewpoints

Today’s logistics teams are operating in an environment characterized by uncertainty on three fronts. Customers’ needs and expectations are constantly changing. The available talent pool of drivers, warehouse associates and other employees is small, which creates staffing volatility. And their operating conditions are extremely challenging and unpredictable, from skyrocketing fuel costs and tariffs to blocked shipping lanes and ongoing geo-political conflict.

article thumbnail

California Throws 70,000 Truckers in Gig-Work Legal Limbo, Risking Supply Chains

Supply Chain Brain

About 70,000 truck owner-operators who form the bedrock of California’s transport industry are in limbo as state-level labor rules start applying to them, creating another choke point in stressed U.S. supply chains.

article thumbnail

How the fabricated metals industry can benefit from a Cloud ERP system

SYSPRO Smarter ERP

How could a manufacturing business that bends, cuts and welds metal benefit from Cloud ERP? With ongoing supply chain disruptions continuing to affect all industries, that’s a question that the fabricated metals industry is beginning to ask. Supply Chain disruptions are creating a chain reaction across the metal fabrication industry. By nature, the Fabricated Metals Industry creates made-to-order products based on specific customer specifications.

article thumbnail

The Art of Consistent Perfect Order Delivery: Smart Order Fulfillment Through Orchestration

Shippers and logistics service providers are pressured to match the “Amazon effect” for fast and efficient service across multiple B2C, B2B, and D2C channels. Perfect order delivery - on-time and in-full at the lowest possible cost – is critical. However, recent surveys of supply chain stakeholders reveal that many don't have the technology necessary to achieve it.

article thumbnail

US & Israel new joint cybersecurity programme

IT Supply Chain

By Ronan David (pictured). Chief of Strategy, EfficientIP. The post US & Israel new joint cybersecurity programme appeared first on IT Supply Chain.

article thumbnail

How to Reduce Supply Chain Redundancy With Technology

Supply Chain Brief Submitted Articles

According to a McKinsey report, supply chain disruptions cost the average organization 45% of one year’s profits over the course of a decade.

article thumbnail

Supplier Registration – Goals, Benefits & Challenges

SCMDOJO

The purchasing department purchases different types of goods and services. However, when you buy something, you may not always know all the suppliers that offer a particular product. Then the Supplier registration form comes in handy. You probably only know a handful of providers. This means that every time you host a sourcing event, the same suppliers bid on the same products at the same prices.

article thumbnail

Amazon Puts the Best Possible Spin on an Overbuilt Network

Logistics Viewpoints

Goods-to-Man Robot at an Amazon Warehouse. Last Tuesday, Amazon issued a press release that highlighted the company’s investments across its global operations network to provide fast delivery for customers. Prime Day is July 12 th and 13 th. On Prime Day, Prime members in 20 countries have access to deals on everything from top national brands to products from third-party sellers.

article thumbnail

How to Conduct Workplace Incident Investigations to Create Safer Workplaces

This white paper provides a comprehensive overview of global workplace incident trends, focusing on the top three biases leading to such incidents. It also highlights the significance of CSA Z1005 as a risk management standard and outlines the ROI of thorough incident investigations, covering emergency response to post-incident interviews. Additionally, it introduces an Investigation Evidence Gathering Matrix.

article thumbnail

Coalition Calls for Freight Data Exchange Standard to Cut Supply Chain Emissions

Supply Chain Brain

A Washington-based think tank has launched an initiative to encourage widespread adoption of standardized data-sharing in the freight sector in order to boost sustainability.

Freight 133
article thumbnail

Driving manufacturing momentum with competitive ISV solutions

SYSPRO Smarter ERP

Can specialist ISV solutions solve unique business challenges faced today? Spurs in consumer demand, rising globalization and the dependence on fragile global supply chains are changing the manufacturing landscape as we know it. While navigating these challenges, businesses are expected to produce higher return of capital than their competitors or face the risk of redundancy.

article thumbnail

5 Common Mistakes Companies Make When Responding to a Ransomware Attack

IT Supply Chain

By Richard Grant (pictured). Technology Consultant. The post 5 Common Mistakes Companies Make When Responding to a Ransomware Attack appeared first on IT Supply Chain.

Company 111