Sat.Sep 23, 2023 - Fri.Sep 29, 2023

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5 Tips for a Seamless AI Implementation in Supply Chain

John Galt

These tips will help you ensure a smooth AI implementation to elevate your supply chain and reap the benefits of this transformative technology.

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Rethinking Black Swan Events for Modern Supply Chain Risk Management

Resilinc

Black swan supply chain events have traditionally been associated with (if not formally defined as) improbable, rare, or unlikely events with severe or even catastrophic business impacts. However, as we learn more about how disruptions impact supply chains, it is time for companies and supply chain managers to reconsider the traditional view of black swan events.

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Watch: Building the Supply Chain From the Ground Up

Supply Chain Brain

A successful supply chain transformation begins with "changing the narrative," says George Raptis, vice president of operations at JP Outfitters. Among other things, the company had to stop viewing itself as "small.

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Cargo Theft Continues to Rise

Logistics Viewpoints

In the United States, there are a lot of billion dollar industries , led by hospitals, pharmaceuticals, commercial banking, life insurance, and petroleum wholesaling to name a few. However, there is probably one industry that most of us would not think of in this list: the cargo theft industry. According to the National Insurance Crime Bureau (NCIB), cargo theft in the United States is a $15 to $35 billion 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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Future-Proofing Transportation Spend in Supply Chains

Logistics Viewpoints

In the ever-evolving supply chain industry, transportation spend optimization – or TSO – has assumed greater significance. The need to blend operational efficiency with sustainability and fiscal prudence has organizations exploring innovative ways to help ‘future-proof’ transportation spending challenges. Thus, it has become critical that executives dig into the multifaceted domain of TSO, which encompass pivotal aspects such as the implementation of global freight audit and payment (FAP) soluti

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Five Tactics for Enabling Smart and Sustainable Supply Chains

Supply Chain Brain

Data-driven, predictive and agile supply chains can help companies achieve their net-zero emissions goals by enabling end-to-end efficiency.

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Modernizing MRO using AI with Paul Noble

The Logistics of Logistics

Paul Noble and Joe Lynch discuss modernizing MRO using AI. Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. About Paul Noble As Founder and Chief Strategy Officer of Verusen, Paul Noble oversees the company’s vision and strategic direction.

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Cascading KPIs To Drive Business Performance

Silvon Software

The practice of “cascading” KPIs is used to align strategic objectives with business unit targets and performance measurements to drive positive results. This involves linking high-level objectives with departmental objectives and KPIs to create a clear line of sight from the top down. In this 3-minute post, we examine some key business objectives and cascading KPIs that can be used to analyze performance to the objectives.

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How Supply Chain Managers Solve Challenges & Drive Efficiency

MercuryGate

Supply chain managers' roles have never been more critical or more challenging. In an era where global logistics intertwine with technology, economic shifts, and now, the significant “Great Resignation” labor movement, the demands on supply chain managers intensified. The post How Supply Chain Managers Solve Challenges & Drive Efficiency appeared first on MercuryGate International.

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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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ToolsGroup Acquires Evo for Industry Leading Responsive AI

ToolsGroup

ToolsGroup’s latest acquisition delivers quantum learning and advanced prescriptive analytics to strengthen its pricing, promotion, and inventory optimization solutions BOSTON and LONDON – September 27, 2023 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, announced today the acquisition of Evo , a provider of artificial intelligence (AI) and machine learning (ML) solutions for business performance optimization.

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Pricing Optimization at Delly’s: A Case Study in Successful AI Enablement

Talking Logistics

Companies across virtually all industries are looking for ways to drive profitable growth. Over the years, they have invested in technology to streamline and automate a variety of business processes. This includes implementing Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), Demand Planning, Inventory Management, Transportation Management, and Warehouse Management applications.

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September 26, 2023 Update

Freightos

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. More Resources Home September 26, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

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Key Takeaways from Oracle CloudWorld 2023

Logistics Viewpoints

Oracle CloudWorld happened last week. There was a lot of content – too much to cover. But there were 5 main takeaways. I’m a supply chain industry analyst, so naturally my takeaways are influenced by my coverage area. Now that Steve Jobs is dead, Larry Ellison – the chief technology officer and executive chairman at Oracle – is the most interesting executive speaker.

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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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ToolsGroup and Evo: Bringing Prescriptive Analytics and Quantum Learning to Industry-Leading Retail Planning

ToolsGroup

Now that Evo is a ToolsGroup company, the big question is: “What innovation will Evo bring to the ToolsGroup offering?” While the real answer is “Plenty!”, the immediate transformation will come from the EvoAI engine, which will soon be integrated across the entire JustEnough and SO99+ product suites. What is EvoAI? EvoAI is the dynamic demand discovery technology that powers all Evo products.

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Above the Fold: Supply Chain Logistics News (September 29, 2023)

Talking Logistics

Having to spend two extra nights in Barcelona (paid for by the airline, along with meals) because your flight home gets canceled doesn’t sound too bad. Unless you haven’t been feeling well all week and you were really looking forward to getting home. In that case, two extra nights feel like an eternity. I made. Read more The post Above the Fold: Supply Chain Logistics News (September 29, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

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Where Should Business Decisions Be Made?

Enterra Insights

I have often quoted Bain analysts, Michael C. Mankins and Lori Sherer , who stated, “The best way to understand any company’s operations is to view them as a series of decisions.”[1] They added, “We know from extensive research that decisions matter — a lot. Companies that make better decisions, make them faster and execute them more effectively than rivals nearly always turn in better financial performance.

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The costs of Scope 3

Supply Chain Movement

“Who’s going to pay for decarbonizing the supply chain?” was the title of a recent article on a supply chain website written by an experienced US journalist (and how very American of him to immediately zoom in on who would bear the costs!). According to the journalist, 75% of all emissions fall under Scope 3, i.e. are caused beyond the company itself.

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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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The Consequences of Complacency

Arkieva

Complacency can quickly make supply chain planning software obsolete. We lose when we "wait and see". Now is the time for investment and improvement. The Consequences of Complacency was first posted on September 27, 2023 at 7:41 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement.

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Insurance sector eyes easy-to-use technology to digitally transform business

IT Supply Chain

By Phung Viet Ha (pictured) Managing Director of Low Code Group, FPT Software The post Insurance sector eyes easy-to-use technology to digitally transform business appeared first on IT Supply Chain.

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Mexico’s Future as U.S. Go-To Trade Partner Depends on Investment, Infrastructure

Supply Chain Brain

The reason Mexico didn’t rise as a great near-shore market before was that supply chain resiliency just wasn’t top of mind in the last few decades, when landed cost was king.

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10 Dock KPIs To Improve With Real-Time Visibility

C3 Solutions

Imagine how flying an airplane without the latest instruments can be daunting. Every take-off, landing, and maneuver relies on real-time data for safety and precision to make it possible to operate an aircraft.

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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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Blue Yonder’s Chief Product Officer Shares Insights Into Innovative Solutions to Revolutionize Your Supply Chain Performance

BlueYonder

Following ICON 2023 in Las Vegas, Blue Yonder’s Chief Product Office Gurdip Singh shared the key product innovation takeaways from the event during a Blue Yonder Live session. He shared his views on how to apply innovations to solve deep-rooted supply chain challenges and insights into the $1 billion investment in research and development. With ICON London a few short weeks away, we thought we would recap his conversation.

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Boosting Your Business’s Productivity: The Best Solutions And Strategies

IT Supply Chain

By Jessica Sweet (pictured) Content Writer at makeLifeSweeter.com The post Boosting Your Business’s Productivity: The Best Solutions And Strategies appeared first on IT Supply Chain.

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Protect Your Shipments From Cargo Theft

TransAudit

The alarming rise in cargo theft across the United States is becoming a significant concern for businesses, logistics providers, and consumers alike. With food and beverage products emerging as main targets, it’s evident that the problem isn’t just isolated to high-value goods. This surge, as CNBC suggests , is a stark “sign of the economic times,” further amplifying the strain on already escalating prices.

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How to Sell CBD Online: Information and Tips on Selling CBD From Home

ShipBob

Table of Contents ** Minutes What is CBD? The CBD market is booming in 2023 First things first: the legality of selling CBD online How to start selling CBD oil online Challenges of selling CBD online Fulfillment options for selling CBD online ShipBob takes the stress out of selling CBD online CBD Shipping FAQs The Cannabidiol (otherwise known as CBD) industry has been rapidly growing and evolving in recent years.

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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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The Future of EDI in the Automotive Supply Chain

QAD

In the dynamic landscape of the automotive industry, staying ahead of the curve is not just a strategy, but a necessity. As the automotive supply chain grows more intricate by the day, embracing technological advancements has become the cornerstone of operational excellence. In this journey of evolution, one technology stands tall: Electronic Data Interchange (EDI).

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Meta AI chatbots – what will come of introducing chatbot personalities?

IT Supply Chain

By Rebecca Crook (pictured) Chief Growth Officer of EMEA, CI&T The post Meta AI chatbots – what will come of introducing chatbot personalities? appeared first on IT Supply Chain.

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4 Factors Fueling the Growth of Modern Data Hubs for Business Reporting

Silvon Software

As the volume of data and requirements for gaining access to it continue to skyrocket, it is becoming vital for organizations to find ways to aggregate their business information and quickly understand it. And that involves putting the ability to analyze data into the hands of more analysts, data scientists and other stakeholders and decision makers than ever before without requiring them to spend crazy amounts of time preparing the data.