November, 2022

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Top 10 Supply Chain Risks in 2023 & How to manage them?

AIMMS

The post Top 10 Supply Chain Risks in 2023 & How to manage them? appeared first on AIMMS.

AIMMS 287
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Your Sales Plan is NOT a Forecast!

The Logistics & Supply Chain Management Society

Your Sales Plan is NOT a Forecast! by Jeff Harrop – Supply Chain Educator and Consultant. Man is the only animal that laughs and weeps, for he is the only animal that is struck with the difference between what things are and what they ought to be. – William Hazlitt (1778-1830). A Ferrari has a steering wheel. A fire truck also has a steering wheel.

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4 Keys for Unlocking a Successful Logistics Partnership

Talking Logistics

Logistics remains fragmented and broken, and nearly every participant in the ecosystem is struggling. Cross-border freight with Mexico is a $70.3 billion market, but ongoing strains from shipping delays, looming driver shortages, and fluctuating consumer prices have exposed the fragility of our global supply chains – making the need for industry-wide transformation more urgent than.

Logistics 274
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Piecing Together the SIOP Process

The Logistics & Supply Chain Management Society

Piecing Together the SIOP Process. by Madeline Smith , Supply Chain Management Consultant at Clarkston Consulting. Sales, Inventory, Operations Plan (SIOP) is a process within many successful supply chain organizations that recognizes the integral relationship between all departments in the company, but how do you piece together an SIOP process? Read below for a guide to solving the SIOP puzzle for your organization. .

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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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Managing Risk Through Better Communication

C3 Solutions

Do you know the risks your supply chain operation is facing?

More Trending

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Editor’s Choice: Aluminum Can Shortage Defines a New Normal for Food Packaging

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. This article is from Chetan Chaudhari at GEP and examines the ongoing aluminum can shortage. This shortage is the culmination of various ongoing issues – geopolitical tensions related to the Russia-Ukraine war, the rapid shift in consumer buying behavior and container freight availability.

Packaging 226
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The Battery Supply Chain Is Finally Coming to America

Supply Chain Brain

Redwood Materials Inc., the battery recycling company, has reached a deal to supply Panasonic with billions of dollars in critical battery components that will be produced in the U.S. for the first time. .

America 122
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Top 10 Supply Chain YouTube Channels to Subscribe

SCMDOJO

YouTube is a fantastic platform offering a unique feel to social media exploration and learning the latest trends in Supply Chain from professionals. YouTube provides a unique medium for businesses to grow, share thoughts, and explain processes using a more graphical approach. Supply Chain YouTube channels are one to look out for as they share many business-related ideas. .

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The Green Corridor: To Realise the Circular Economy Dream – Reach Out to Your Community

The Logistics & Supply Chain Management Society

The Green Corridor: To Realise the Circular Economy Dream – Reach Out to Your Community. by Timothy Foote , Founder of Susymbio. Buy, use, and toss. That is the experience a consumer has when they are well … consuming! When we dispose of something though, is that really the end? In the case of fruit and vegetable peelings for instance, I actually use them as material for composting, for my garden.

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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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Improving Your Supply Chain Risk Management

C3 Solutions

Before 2020, the global supply chain seemed almost untouchable, a well-oiled machine that kept the global economy turning. Risk mitigation and supply chain resiliency wasn’t the top priority for businesses.

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Four growth tactics for manufacturer and distributor success

SYSPRO Smarter ERP

It is no secret that the manufacturer and distributor sectors have been some of the hardest hit by the global health crisis and recent geopolitical instability. In many cases this has forced decision-makers to take a step back and reassess the bigger picture and implement changes where necessary to meet the growing need for agility and resilience. At the center of many of these changes is a re-tooling which has seen the integration of key digital technologies designed to help businesses cope wit

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The Role of IT in Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Thoughts on Future Challenges and the Strategic Direction of Supply Chain! Supply chain management is an important aspect of every business because it ensures your business gets the supplies, resources, and materials it needs to fulfill services or deliver products to customers. However, the modern supply chain has become increasingly complex and challenging to manage.

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The New Supply Chain Mindset: From Just-in-Time to Just-In Case

Supply Chain Brain

The new generation of consumers is changing demand patterns, making them more unpredictable than ever before.Succeeding under these conditions begins with three simple changes.

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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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Black Friday/Cyber Monday: Cost of Living Crisis Set to Increase Cyber Threat

IT Supply Chain

By Allen Downs (pictured). Vice President Security & Resiliency Services, Kyndryl. The post Black Friday/Cyber Monday: Cost of Living Crisis Set to Increase Cyber Threat appeared first on IT Supply Chain.

Security 111
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Supply Chain Weekly Wrap-Up 11/11/2022-11/18/2022

All Things Supply Chain

Ukraine says Grain Deal will be Extended Following a United Nations brokered deal, to allow exports of Ukrainian grain from the Black Sea, is set to be extended by a…

Ukraine 108
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Supply Chain Risk: How to Manage the Unavoidable

C3 Solutions

Nothing is without inherent risk. Even something as simple as getting out of bed or pouring coffee in the morning poses some risk. But since these are small, we pay little or no attention.

How To 146
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The role of inventory management and inventory optimization in ERP

SYSPRO Smarter ERP

Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. Physical space used by stock comes at a cost – inventory ties up cash and working capital which could be better deployed elsewhere. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.

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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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How Supply Chain Can Accelerate Time to Market!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. From Click to Ship in 4 Minutes! Ultimate Principles for World Class Fulfillment! Rapid or slow, or even delayed, time to market makes the difference between success or failure of your new products and/or services, and in turn your company. There are many factors that impact time to market either positively or negatively.

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Supply Chain Issues Top of Mind for Retailers this Holiday Season

Supply Chain Brain

Nearly all retailers (98%) surveyed said they expect supply chain disruptions to continue during the 2022 holiday season, while 88% predicted they will worsen.

Retail 122
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Logistics companies thinking outside the box on automation

IT Supply Chain

By Jo Bradley (pictured). Business Development Manager, Sparck Technologies. The post Logistics companies thinking outside the box on automation appeared first on IT Supply Chain.

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What is Inventory Replenishment & Why Does it Matter?

Unleashed

Inventory replenishment is reordering stock in the right quantities, at the right time. Too much inventory can increase costs, limit cash flow, and leave you with expired stock. Too little, and you risk disappointing customers with slow fulfilment times. An optimised inventory replenishment strategy ensures items are reordered from suppliers in time to meet demand, while preventing overstocking of products, raw materials, and parts.

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How Intent Data Helps Marketers Convert A-List Accounts

One of the biggest challenges for any B2B marketer is understanding your prospects’ next move — who is most likely to buy and when. Without these insights, marketing campaigns can feel more like guesswork, with high investment and little return. We’re here to tell you there’s a better way. By tracking buyers’ digital footprints and online activity, such as website visits, product reviews, and spikes in content consumption, you can engage prospects with a message that really resonates.

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10 supplier management best practices and strategies

Taulia

Supplier management is the term used to describe the processes of selecting and managing suppliers or vendors. It’s a hugely important element of operations for most companies, having a significant impact on costs, manufacturing, and cash flow. Getting the best performance from your suppliers, while also ensuring you’re contributing towards a stable long-term relationship, can pay off in meaningful ways.

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Has your supply chain complexity outgrown your ERP?

SCJunction

As your customer and business requirements change, your supply chain and supporting systems need to adapt. If your ERP is struggling to meet these complexities, it might be time to consider investing in a WMS. Here’s a list of signs that indicate that your business has outgrown its ERP and needs a best of breed solution.

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5 Reasons for Manufacturing Production Delays!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Manufacturing Toolbox for Next Level Productivity. Manufacturing production delays can be devastating for the core business and others that rely on the manufactured products for their own processes. A delay in one manufacturing plant can have ripple effects across a whole supply chain, which is why it is so important to prevent these delays.

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How Supply Chain Partners Can Eliminate Driver App Fatigue

Supply Chain Brain

Professional truck drivers are experiencing app fatigue, the growing exhaustion of too many mobile applications available at their fingertips. .

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Exploring the Advantages and Hurdles of Direct Store Deliveries

Direct Store Delivery, or DSD, is a common practice among global suppliers and retailers – like PepsiCo, Frito Lay, CVS, and Dollar General – and its popularity is growing, with the global DSD market expected to reach $1.19 trillion by 2027. Download this eBook for exclusive insights into direct store deliveries, challenges, benefits, and future trends.

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Achieving eCommerce Growth in a Recession

IT Supply Chain

By James Hyde (pictured). Chief Product Officer & Founder, James and James Fulfilment. The post Achieving eCommerce Growth in a Recession appeared first on IT Supply Chain.

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The role of ERP in the smart factory

SYSPRO Smarter ERP

How can a manufacturing business today become an intelligent and automated ecosystem – a smart factory that drives productivity, performance, and profitability? Despite external challenges such as economic conditions, fluctuating customer preferences and unexpected global events that change the way businesses perform, the manufacturing industry continues to experience growth.

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The Intersection of Sustainability and Consumer Behavior

QAD

Here is a bit of earth-shattering news for all of you. Now, you better have a seat, because it is shocking. Ready? The world is changing. Has anyone fallen out of their seats with that announcement? Hopefully yet probably not. Your response is probably along the lines of “thank you for telling me something I already know.” But all kidding aside, the world is changing on both a global and societal level.