January, 2024

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Supply Chain New Year’s Resolutions: Things to STOP Doing in 2024

Talking Logistics

Back in 2017, I wrote a post highlighting four things supply chain and logistics professionals should stop doing in the new year. Since those things still apply today, I am resharing them again below. I also added a couple of more things to stop doing in 2024 and beyond. Recommendations from 2017 that still apply. Read more The post Supply Chain New Year’s Resolutions: Things to STOP Doing in 2024 appeared first on Talking Logistics with Adrian Gonzalez.

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Optionality: The Critical Supply Chain Imperative for 2024

The Network Effect

In a world of perpetual disruption, your organization will need optionality – multiple sourcing for key products, parts and raw materials.

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6 Ways AI Empowers End-to-End Decision Automation in Supply Chain

Logistics Viewpoints

As a child, I was mesmerized by beauty pageants, especially Miss World, where women from all around the world strutted in gorgeous fashion. I vividly remember the moments when the top winners declared their lofty goals for humanity: solving world hunger! Since the emergence of AI as the shiny object of our times, we see similar grandiosity: that AI will solve world hunger.

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Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. More Resources Home Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons Eytan Buchman January 16, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Intro: Playing Dice with the High Seas In 2021 and 2022, supply chains regularly made the headlines, as supplies of basic necessiti

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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

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Supply Chain Software In The Cloud

Talking Logistics

Cloud-based software applications (also referred to as “software-as-a-service”) have been available for many years, although their adoption has varied by company and application type, especially in the supply chain realm. How receptive is your company to using cloud-based supply chain software? We asked members of our Indago supply chain research community — who are all.

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Supply Chains to Admire 2023

Supply Chain Insights

Supply Chains to Admire 2023 - Report v4.0 Abstract Supply chain excellence is easier to say than define. The Supply Chains to Admire methodology is a data-driven evaluation to attempt to define excellence. The analysis compares companies to industry performance in each sector for 2013-2023. Now in its tenth year, the Supply Chains to Admire analysis studies improvement, performance, and value on reported financials for over 500 public companies.

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Supply Chain AI Strategy: Navigating Apparel Industry Complexities

Logility

Navigating the $5 trillion North American apparel market requires precision, especially when dealing with the intricate complexities of forecasting and inventory management. This blog cuts through the complexity, presenting how supply chain AI strategy and machine learning, especially through the power of generative AI and InventoryAI+, are essential in crafting a smarter, more responsive retail supply chain.

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Trends 2024: Artificial Intelligence

Enterra Insights

Few technologies stir human emotions as much as artificial intelligence (AI). Some people anticipate great things happening thanks to AI, while others feel only deep anxiety about humanity’s future. Regardless of your feelings, 2023 was a breakout year for AI. Anders Billesø Beck , Vice President of innovation and strategy at Universal Robots, explains, “2023 was an exciting year for innovation.

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Milestone: Freightos Celebrates One Million Transactions!

Freightos

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. More Resources Home Milestone: Freightos Celebrates One Million Transactions! Aimee Loshinsky January 25, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo In Freightos Q4 2023 KPI press release , we announced that the company surpassed one million bookings across the platform in 2023.

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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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Above the Fold: Supply Chain Logistics News (January 12, 2024)

Talking Logistics

We got our first snow of the season last Sunday. Not too much, about 4 inches. Two days later, more than 2 inches of rain fell, as the temperature climbed above 50F. Snow is all gone, just mud and puddles left behind. Winters in Boston are not what they used to be. — Moving on, Read more The post Above the Fold: Supply Chain Logistics News (January 12, 2024) appeared first on Talking Logistics with Adrian Gonzalez.

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This Week in Logistics News (January 6 – 12)

Logistics Viewpoints

This was a very interesting week as we saw a number of long-lasting partnerships come to an end. As a New England Patriots fan, this season was certainly disappointing, as everything seemed to go wrong, except for landing a top-3 draft pick in 2024. In a move that was not surprising, but still seems so wrong, the Patriots and legendary coach Bill Belichick mutually agreed to part ways.

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The Outside-In Planning Handbook

Supply Chain Insights

SCI Outside-In Report v3.0 Abstract Today’s supply chain planning processes are inside-out. The focus is on using enterprise data. The use of channel, logistics, and supplier data is an opportunity to reduce process and data latency. In this report, we share insights based on testing and work with business and technology leaders to redefine planning to be outside-in to maximize the use of market data.

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The 4 Top Challenges in Deploying AI in Healthcare and Pharmaceutical Supply Chains

The Network Effect

The post The 4 Top Challenges in Deploying AI in Healthcare and Pharmaceutical Supply Chains appeared first on The Network Effect.

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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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The Role of IBP Process: Synchronizing Supply Chain, Finance and Beyond

John Galt

A strategic IBP process is increasingly important as changes accelerate in the global supply chain landscape, marked by risk and uncertainty.

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How AI and Automation Are Poised to Revolutionize the Supply Chain Industry

Supply Chain Brain

In the last few years, the growing sophistication of artificial intelligence has brought unprecedented levels of precision, efficiency and innovation to supply chain management.

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Prepare Now to Navigate the ‘Storm Clouds’ in Transportation Management

Talking Logistics

Editor’s Note: The following is an excerpt of a research report published recently, “Transportation Pulse Report 2024 – Prepare for Dark Clouds on the Horizon.” The research, conducted by Adelante SCM and commissioned by Transporeon, highlights several supply chain and logistics trends that will impact and transform the industry in the years ahead and why.

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Stringent Reporting Regulations Require Data Integrity

Logistics Viewpoints

As regulations across the globe strengthen, the pressure to collect, report, and organize emission-related metrics has never been higher. This added responsibility for companies will have lasting effects on business operations, corporate partnerships, supply chain logistics, compliance requirements, and data integrity. Structure Your Data for Seamless Reporting Most reporting statutes already require or will require companies to provide data for their Scope 1 through 3 emissions.

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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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Top 8 Industries Affected by The Red Sea Crisis in January 2024

Resilinc

The latest updates on shipping delays in the Red Sea in January 2024, including which businesses and industries have been impacted. Since our last blog on the Red Sea Ship Attacks on December 21, six of the top ten container shipping firms, including Maersk, MSC, Hapag-Lloyd, CMA CGM, ZIM, and ONE, have either significantly reduced or completely halted their operations in the Red Sea region.

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AI affecting up to 40% of jobs warns IMF: O’Reilly VP of Emerging Tech

IT Supply Chain

By Mike Loukides (pictured) Vice President of Emerging Tech, O’Reilly The post AI affecting up to 40% of jobs warns IMF: O’Reilly VP of Emerging Tech appeared first on IT Supply Chain.

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Supply Chain Resilience - Key Lessons from the NFL Playbook

John Galt

Supply chain leaders can draw inspiration from the NFL’s approach to game scenarios to enhance resilience. Learn how!

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Supply Chains in the 5G Era: A Paradigm Shift in Connectivity

Supply Chain Brain

The combination of low latency, high bandwidth, massive device connectivity, reliability, and other factors makes 5G technology well-suited for various automation and virtual-enabled technologies across industries.

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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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Happening Now: West Coast imports expected to surge

West Coast and California Logistics

According to The Loadstar , US West Coast ports are anticipating a surge in imports due to a combination of supply chain and geopolitical disruptions. These disruptions include transit difficulties through the Panama and Suez canals, and concerns at East Coast ports related to ongoing labor contract negotiations.

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This Week in Logistics News (January 13 – 19)

Logistics Viewpoints

I spent the beginning part of the week in New York attending the NRF Big Show. It was a very busy show, with more than 35,000 attendees walking the floors of the Javits Center. I certainly saw a lot of exhibitors touting their AI capabilities, especially when it came to more informed decision making across the entire supply chain network. But I will get into the details in a future article.

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10 Ins and Outs for Supply Chain Risk Management in 2024

Resilinc

Learn the best practices for supply chain risk management in 2024 from Resilinc, the gold standard for supply chain resiliency. Out with the old and in with the new! As risk managers audit their vendors and programs at the start of the year, it’s also time to clean up old strategies and supply chain practices. What practices does your company hang on to that are old hat?

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The Red Sea Crisis – Expert Commentary

IT Supply Chain

By Patrick Lepperhoff (pictured) Principal at INVERTO Supply Chain Management Expert The post The Red Sea Crisis – Expert Commentary appeared first on IT Supply Chain.

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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.

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RS Integrated Supply Joins Minority Supplier Development UK

Synovos

RS Integrated Supply Joins Minority Supplier Development UK WARRINGTON, UK / RADNOR, PA 23 JANUARY 2024 – RS Integrated Supply, a global MRO supply chain management services company, announced it has joined Minority Supplier Development UK (MSDUK) as a corporate member as part of its commitment to growing a diverse supplier base. Founded in 2006, MSDUK is the UK’s leading supplier diversity advocacy organization working for inclusion of non-white ethnic minorities in corporate supply chains.

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2024 Predictions: A New Era of Strategic Supply Chain Design

Supply Chain Brain

The time for pandemic-era thinking is over. This will be the year of strategic supply chain design — but companies must be shrewd in their technology and vendor selection.

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It’s a Leap Year…What Does That Mean for Retailers?

BlueYonder

Leap Day, Feb. 29, throws off the normal calendar rhythm for all of us. For retailers, while an extra day of sales is never a bad thing, it does throw up a few unique challenges. Here’s what retailers need to plan for: Inventory and Logistics: Demand fluctuations: While some businesses experience a slight bump in sales due to “extra spending money” or themed promotions, others might see a dip as consumers wait for Leap Day deals.

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