Sat.Nov 11, 2023 - Fri.Nov 17, 2023

article thumbnail

Supply Chain’s Next Decade of Dealing With the Unknown

MIT Supply Chain

LinkedIn published my 100th Influencer article last month. The inaugural post appeared on March 4, 2014, and was about the rising status of the supply chain profession. Reaching this milestone got me thinking about how the profession might change over the next decade. Some events and trends driving the supply chain’s standing back in 2014 remain just as influential in 2023.

article thumbnail

Bullwhip Effect in the Supply Chain: Examples, Causes, Solutions

Unleashed

The bullwhip effect occurs when small changes in demand at the consumer end of the supply chain intensify as they move up the supply chain from the retailer through to the manufacturer. For product businesses, the bullwhip effect can significantly hinder the ability to maintain optimal inventory levels – often leaving them high and dry with too much stock and not enough demand to get rid of it.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What is Supply Chain Decision Support? Are We Rearranging Deck Chairs on the Titanic?

Supply Chain Shaman

Supply management. Supply chain management. Supply chain planning. Are these terms the same? They sound similar, but do they describe similar capabilities? The answer is no. What do they have in common? Not much. When deploying enterprise decision support applications, there are many implementations and lots of hype but few clear and consistent definitions.

article thumbnail

Why Top LSPs Take A Supply Chain Orchestration Approach to Success

Talking Logistics

Logistics service providers (LSPs) face a unique challenge. In addition to the evolving customer demands within an increasingly global, networked, multi-channel supply chain, these professionals juggle a variety of clients with differing supply chain management needs. Many leading LSPs, such as DSV, CEVA, and GEODIS, have opted for a more holistic supply chain orchestration approach.

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

What is Optimization Theory and Why It Matters

Valogix

Check out how a firm grasp of optimization theory can help you in better inventory planning and implement more efficient solutions.

More Trending

article thumbnail

How to Leverage Low-Code Software to Streamline Your Supply Chain Management

Supply Chain Brain

Low-code platforms emerge as indispensable allies for supply chain teams in the quest for heightened efficiency and effectiveness.

article thumbnail

Watch: Building Environmental Sustainability in Supply Chains

Supply Chain Brain

Jagadish Turimella, chief operating officer and co-founder of GEP, offers some best practices that companies can adopt for ensuring that their supply chains are prioritizing sustainability.

GEP 111
article thumbnail

Moving Container Production From China Won't Ease Supply Chain Woes, SC Execs Say

Supply Chain Brain

Nineteen percent of responders said that they believe shifting production away from China would help supply chains while another 27% said this change could maybe alleviate supply issues.

China 98
article thumbnail

Securing Supply Chains Against Counterfeits in a Post-COVID World

Supply Chain Brain

The concept of supply chain security holds significant weight in today's global business landscape.

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

Inside the Shipper Mind with Jim Bierfeldt

The Logistics of Logistics

Jim Bierfeldt and Joe Lynch discuss what’s inside the shipper mind. Jim is the Founder and President of Logistics Marketing Advisors, a full-service marketing agency exclusively focused on helping logistics businesses drive profitable growth. About Jim Bierfeldt Jim Bierfeldt is the Founder and President of Logistics Marketing Advisors. Jim has had a 35-year career in marketing and communications, including 25+ within the logistics industry.

article thumbnail

Editor’s Choice: Reducing Lead Times with Real-Time Data

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 Descartes Systems Group and looks at how companies can reduce lead times with real-time data. As so many of us were made aware since the pandemic lead times were stretched to extreme levels for many products globally.

article thumbnail

Above the Fold: Supply Chain Logistics News (November 17, 2023)

Talking Logistics

I’ve gotten a late start to leaf raking this year. I took advantage of the unseasonably warm weather yesterday to begin the process, starting with my front lawn. I spent two hours raking and bagging leaves, but looking out the living room window this morning, you wouldn’t know it. The lawn is once again covered. Read more The post Above the Fold: Supply Chain Logistics News (November 17, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

article thumbnail

Intermittent Demand: Using Stochastic Replenishment Planning

Logility

Conquer Intermittent Demand with Stochastic Replenishment Planning Industrial durables companies face the perpetual challenge of managing items with intermittent demand patterns. These items often exhibit sporadic and unpredictable fluctuations in demand, making traditional inventory management methods less effective. To tackle this issue, many industrial durable companies are turning to probabilistic replenishment planning, a data-driven approach that offers practical solutions to the unique ch

Modeling 204
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

Building a Resilient Port Strategy with Brian Kempisty & Lauren Beagen

The Logistics of Logistics

Brian Kempisty , Lauren Beagen and Joe Lynch discuss building a resilient port strategy. Brian is the Founder of Port X Logistics , a transportation company that specializes in expediting containerized cargo throughout the U.S. and Canada. Lauren is a lawyer and the Founder of Squall Strategies , a boutique maritime consulting and legal solutions company.

article thumbnail

ToolsGroup Positioned as the Leader in the SPARK Matrix for Retail Forecasting and Replenishment by Quadrant Knowledge Solutions

ToolsGroup

BOSTON and LONDON – November 14, 2023 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is proud to announce it has been named the technology leader in the SPARK Matrix™ analysis of Retail Forecasting and Replenishment (RF&F) by Quadrant Knowledge Solutions (QKS). The Quadrant Knowledge Solutions SPARK Matrix: Retail Forecasting & Replenishment (RF&R), Q4, 2023 includes a detailed analysis of global market dynamics, major trends, vendor lan

article thumbnail

Key Takeaways from SAP Logistics Info Days 2023

Talking Logistics

During 2020 and 2021, most companies were focused on managing the disruptions caused by the Covid pandemic. In 2022, having a bit more room to breathe, companies started to reflect on the lessons learned from the previous two years (e.g., we need to make our supply chains more resilient). This year, it seems like companies. Read more The post Key Takeaways from SAP Logistics Info Days 2023 appeared first on Talking Logistics with Adrian Gonzalez.

SAP 208
article thumbnail

Food is Not Food if It’s Unsafe

Enterra Insights

We all need to eat. However, we rely heavily on the agricultural and food service sectors to ensure that the products we put into our bodies are safe to eat. If they’re not safe, they shouldn’t be called food. Food safety is currently a hot topic. Netflix recently released a documentary entitled “Poisoned: The Dirty Truth About Your Food.” The documentary is based on a book by best-selling author Jeff Benedict.

Food 130
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

ERP Digitization: MRO as a Business Driver

Supply Chain Brain

The state of the economy and the mounting push to digitize supply chain processes are driving a creative approach to maintaining the integrity of your company's item master.

article thumbnail

Burberry – trading conditions worsen in the second quarter

IT Supply Chain

By Charlie Huggins (pictured) Manager of the Quality Shares Portfolio at Wealth Club The post Burberry – trading conditions worsen in the second quarter appeared first on IT Supply Chain.

Quality 105
article thumbnail

What Is PPV? Purchase Price Variance Explained

Precoro

Financial efficiency, cost savings, and profitability undoubtedly fall under the main priorities of upper management, regardless of a company’s industry. However, only 30% of CPOs claim they have achieved their cost-saving targets in 2023. One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric.

article thumbnail

The Digital Enterprise and Boring AI

Enterra Insights

Most, if not all, business leaders understand that the corporate landscape changed dramatically when the world entered the Digital Age and data became the lifeblood of most enterprises. Yossi Sheffi , Director of the MIT Center for Transportation & Logistics, insists, “The well-worn adage that a company’s most valuable asset is its people needs an update.

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

Modern Manufacturing Through Automation: Supply Chain 2.0

Supply Chain Brain

Modern supply chain SLAs require a modern approach to automation, customers no longer have the patience for delivery delays, and finance departments are getting less tolerant of supply-chain slowdowns. What’s the answer? Optimize your supply-chain operations with AI.

article thumbnail

Store Wars: Return of the Cashier, or The Self-checkout Strikes Back?

IT Supply Chain

By David Jinks M.I.L.T. (pictured) Head of Consumer Research, ParcelHero The post Store Wars: Return of the Cashier, or The Self-checkout Strikes Back? appeared first on IT Supply Chain.

Research 105
article thumbnail

Sustainable Product Packaging Impacts Supply Chain Transformation

QAD

Multiple times a day across the globe, a similar conversation takes place. The subject of the conversation is one person giving a grocery list to another so they can stop at a market or store. Quite often, the person dictating the list to the other describes one or more of the products by a distinct characteristic of its packaging rather than by name.

article thumbnail

Specialized Food Inventory Software

My Office Apps

Differentiating Specialized Food Inventory Software: Beyond Standard Inventory Management Solutions Not all inventory management software is created equal. This guide illuminates the key differences between generic inventory solutions and specialized software tailored for the intricacies of the food industry. Discover how advanced features address specific needs like lot numbers, expiration dates, catch weight, and consumption control.

article thumbnail

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.

article thumbnail

Watch: Building ESG on Pillars of Trust, Transparency and Contract Transformation

Supply Chain Brain

Bernadette Bulacan, chief evangelist with Icertis, talks about what’s needed today for companies to comply with environmental, social and governance (ESG) requirements in collaboration with their supply chain partners.

article thumbnail

How Integrated Resorts and Casinos Enhance Their Security with Facial Recognition

IT Supply Chain

By Dwight J. Lawrence (pictured) Content Writer The post How Integrated Resorts and Casinos Enhance Their Security with Facial Recognition appeared first on IT Supply Chain.

Security 105
article thumbnail

Electrifying Changes: How the UAW-Big 3 Strike is Reshaping the Automotive World

QAD

The conclusion of the UAW-Big 3 strike has brought the automotive world a mix of challenges and opportunities. The most significant impact is the resumption of production at the Big 3 automakers. The return to production signaled full demand for parts and components, leading to an almost immediate surge in orders. For suppliers, this meant rapidly ramping up their production, with some even resorting to overtime to keep up.