Sat.Nov 13, 2021 - Fri.Nov 19, 2021

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Is your freight invoice accurate? A new study claims it might not be.

The Logistics & Supply Chain Management Society

Shipping freight across the world is a complex matter. But what is even more complicated is freight billing and handling freight payments: what a cargo owner is initially quoted is often different from what he later is asked to pay. A recent study claims that as much as 20% of invoices are incorrect, making billing accuracy a significant industry problem.

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Supply Chain Visibility in Foggy Times

Enterra Insights

In military operations, there is a notion called “the fog of war.” The concept is often traced back to Carl von Clausewitz, a Prussian general and military theorist, who wrote, “War is the realm of uncertainty; three quarters of the factors on which action in war is based are wrapped in a fog of greater or lesser uncertainty. A sensitive and discriminating judgment is called for; a skilled intelligence to scent out the truth.” As supply chains have grown more complex, the

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It’s Easy to Migrate to the Cloud

Arena Solutions

Cloud solutions are simplifying virtually every aspect of how businesses and consumers access information and collaborate. In the world of manufacturing, companies that need to design, produce, and deliver sophisticated products to market need to ensure their internal and external suppliers are always on the same page. When it comes to new product development (NPD) and new product introduction (NPI) , companies today need a single source of product truth that enables all teams to collaborate in

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When The Chickens Come Home To Roost

Supply Chain Shaman

Today, we are nearing the end of the fourth quarter of corporate reporting. Self-reported projections of the ocean carriers forecast that the industry is posting over $200B in profits. Let me repeat this, “$200 Billion in profits.” This massive positive windfall is double the profit made by carriers over the past 20 years combined. Yes, a single year offsets twenty years of poor margins for a struggling industry.

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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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Transform Life Sciences Manufacturing & Operations with a Digital Lean Approach

DELMIA Quintiq

Executing lean concepts in Pharma, Biopharma and Medical Devices is critical to maintain and improve efficiency, quality, regulatory compliance and productivity. With the increasing speed and development of drugs and new devices, manufacturing, quality and labs face potential disruptions from new materials, equipment and manufacturing processes on a continuous basis.

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DB Schenker – Singapore: A Vital Node in Singapore’s Logistics Ecosystem

The Logistics & Supply Chain Management Society

Singapore’s Status a Global Hub. From its peak, 97% flight capacity was reduced from Singapore Airlines. Typically, 45% to 50% of cargo is carried in belly holds of aircraft. With such dramatic reductions in flights, Singapore’s status of a logistics hub was put severely at risk. However Singapore has managed to preserve it position as a global trade hub.

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Peak Shipping Season Update: What’s Driving Change in the Industry?

GlobalTranz

The long and unpredictable peak shipping season continues to challenge supply chains. A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond. Approximately 73% of respondents cited progress in omnichannel improvements over the past year, but express cautious optimism for their company's supply chain and capacity. 94% of supply

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When The Chickens Come Home To Roost

Supply Chain Shaman

Today, we are nearing the end of the fourth quarter of corporate reporting. Self-reported projections of the ocean carriers forecast that the industry is posting over $200B in profits. Let me repeat this, “$200 Billion in profits.” This massive positive windfall is double the profit made by carriers over the past 20 years combined. Yes, a single year offsets twenty years of poor margins for a struggling industry.

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The 2021 Holiday Logistics Guide

Logistics Viewpoints

Halloween is in the rearview mirror and Black Friday is on the horizon. As such, retailers and logistics providers are gearing up for the annual holiday logistics crunch. The National Retail Federation (NRF) has forecast that holiday sales during November and December will grow between 8.5 percent and 10.5 percent over 2020 to between $843.4 billion and $859 billion.

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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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A Conversation with Stuart Whiting, Schneider Electric

The Logistics & Supply Chain Management Society

We are pleased to continue our 2021 fire-side chat series with key people in the supply chain industry, and it is with particular pleasure to catch up with Stuart Whiting, Senior Vice President, Global Supply Chain, Logistics & Planning at Schneider Electric, based in Singapore but with a global functional responsibility. Stuart is a British national, married with three children.

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Developing an Agile Supply Chain Workforce for the Future

The Network Effect

The post Developing an Agile Supply Chain Workforce for the Future appeared first on The Network Effect.

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When The Chickens Come Home To Roost

Supply Chain Shaman

Today, we are nearing the end of the fourth quarter of corporate reporting. Self-reported projections of the ocean carriers forecast that the industry is posting over $200B in profits. Let me repeat this, “$200 Billion in profits.” This massive positive windfall is double the profit made by carriers over the past 20 years combined. Yes, a single year offsets twenty years of poor margins for a struggling industry.

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Walmart in a World on Fire

Logistics Viewpoints

Walmart has used TMS to both save money and reduce carbon emissions. Last year, Rebecca Henderson’s, Reimagining Capitalism in a World on Fire , was on the short list for Financial Times and McKinsey Business Book of the Year Award. The premise of the book by this Harvard business professor is that capitalism is making our society increasing unstable as the middle class’s income is being reduced while the wealthy are becoming ever richer.

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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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Rethinking the next normal: Transforming Logistics and Supply Chain Workflows with Samsung

The Logistics & Supply Chain Management Society

There is no doubt that the pandemic has radically transformed the logistics and supply chain industry, especially with increased demand and reliance on deliveries. Today, there is expectation for organisations to deliver top-notch customer experience with efficiency and transparency. The sector, however, has been moving steadily towards a more flexible and mobile work style as workers in the sector are largely required to be working from different locations.

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Editor’s Pick: Status of On-Demand Trucking

Talking Logistics

Note: Today’s post is part of our “Editor’s Pick” series where we highlight posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This post from Kuebix’s blog discusses the factors driving on-demand trucking and how it works. On-demand trucking is the process of finding.

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POOLCORP Selects ToolsGroup to Improve Supply Chain Resilience

ToolsGroup

Joint Microsoft and ToolsGroup planning solution will support POOLCORP’s goals of improved service to customers and increased profitability amid demand and supply volatility. BOSTON — Nov 17, 2021 — ToolsGroup , a global leader in supply chain planning and optimization software, has been selected by POOLCORP to support its goals of improved supply chain resilience and service to customers while increasing profitability. .

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This Week in Logistics News (November 13 – 19)

Logistics Viewpoints

Today is Happy Friday – because every Friday is a happy day. Did you know that ARC’s Digital Transformation Forum is less than 3 months away? This 26th Annual ARC Industry Forum will be a hybrid event, in person in Orlando, Florida on February 14-17 and online March 7-10. Last year’s supply chain program include two days of sessions by practitioners – executives from companies like Ahold Delhaize, AGCO, and Radwell International– on the real-world problems associated with the digital transformat

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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.

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A New Model for Grocery Delivery with Sean Coakley

The Logistics of Logistics

A New Model for Grocery Delivery with Sean Coakley. Sean Coakley and Joe Lynch discuss a new model for grocery delivery. Sean is the Chief Commercial Officer of Capstone Logistics , a leading provider of technology-enabled warehouse services, freight management, and last mile distribution solutions. About Sean Coakley. Sean Coakley is the Chief Commercial Officer of Capstone Logistics , a leading provider of technology-enabled warehouse services, freight management, and last mile distribution so

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Navigating the Wave of Ocean Shipping Constraints

Talking Logistics

Trucking has traditionally gotten the lion’s share of attention in transportation, but the pandemic-related disruptions to global supply chains, particularly the congestion at ocean ports with dozens of ships waiting offshore to unload, is causing companies to take a new look at their ocean shipping strategies. How are companies navigating through this challenging environment, both.

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Analyze and Manage the Impact of Pricing and Promotion on Inventory

Logility

Br idge the gap between marketing activity and inventory management with a better understanding of the impact of pricing and promotion on inventory. In most companies, a gap exists between Marketing and Operations – a communications gap that you’ll want to avoid ‘stepping into’, if you’ll excuse the pun. Brands frequently use price as a lever to achieve strategic and tactical goals.

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The Supply Chain is Suffering Labor Pains

Enterra Insights

Suffering through labor pains normally results in a bundle of joy. Currently, however, the supply chain, like many other economic areas, is suffering from a different kind of labor pain — a pain unlikely to result in much joy unless companies can attract a new generation of supply chain professionals. Robert J. Bowman, Managing Editor of SupplyChainBrain, states the problem succinctly, “The supply chain needs people.

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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.

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Despite green pledges, less than a quarter of organisations monitor suppliers on carbon emissions

ivalua

Many organisations vowed to reach net zero during COP26, but suppliers say there is a lack of collaboration on green initiatives. London, UK – 18 th November 2021 – Research from Ivalua , a leading global spend management cloud provider , has revealed that very few European suppliers are being regularly assessed on sustainability practices, with less than a quarter (24%) being measured routinely on carbon emissions.

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Above the Fold: Supply Chain Logistics News (November 19, 2021)

Talking Logistics

If supply chain stories appearing on the front page of the Wall Street Journal and other newspapers isn’t proof enough that the industry has gone mainstream, then here is Exhibit B: You know supply chain and logistics have reached broad awareness when even The Onion does a post about it! Moving on, here are some. Read more Above the Fold: Supply Chain Logistics News (November 19, 2021).

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The Technology You Need for a Sustainable Supply Chain

Logility

Your ERP system is not the right technology for a sustainable supply chain. Key takeaways: A digital supply chain platform is essential for a sustainable supply chain. While your ERP may run your internal business, it’s not the right choice for the complex tasks a sustainable supply chain requires. A purpose-built digital supply chain platform provides the data, visibility, and analysis needed for accountability all the way through the supply chain.

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The State Of The Industry with George Abernathy

The Logistics of Logistics

The State Of The Industry with George Abernathy. George Abernathy and Joe Lynch discuss the state of the industry. George is the President of Emerge , one of the fastest-growing startups in the U.S. that is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. About George Abernathy. George Abernathy , Emerge President and Board Member, has more than 30 years of supply chain and technology experience.

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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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Is the Time Ripe for Automation?

Enterra Insights

Most people think of fruit when they hear the term “ripe.” So what does it mean when the term is used in a business setting? Vocabulary.com notes, “Ripe means ready. Ripe can also describe something that is not only ready to happen but well-suited for whatever is happening.” Many business consultants believe the time is ripe for businesses to automate whatever can be automated.

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LogiSYM Supply Chain Magazine – November 2021

The Logistics & Supply Chain Management Society

STEPPING UP CAPABILITIES WITH INDUSTRY 4.0 Download the latest LogiSYM Supply Chain Magazine. In this edition we have several news updates, interesting & enlightening articles and contributions on people & management – topics which are most crucial to the development of the Supply Chain Industry across regions as well as globally. Download the latest LogiSYM Supply Chain Magazine now!

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American Software Reports Second Quarter of Fiscal Year 2022 Results

Logility

Return to Double-Digit Revenue Growth Driven by Continued Strong Growth in Subscription Fees. ATLANTA (November 18, 2021) American Software, Inc. (NASDAQ: AMSWA) today reported preliminary financial results for the second quarter of fiscal year 2022. Key Second Quarter Financial Highlights: Subscription fees were $10.4 million for the quarter ended October 31, 2021, a 49% increase compared to $7.0 million for the same period last year and software license revenues were up slightly to $0.8 millio