The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

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Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

QAD

JULY 5, 2023

With the ever-increasing influence of technology on consumer behavior, it has become imperative for fashion manufacturers to embrace digital transformation and align their strategies with the evolving needs and expectations of their customers. This personalized approach enhances customer satisfaction and fosters loyalty.

Manufacturing Procurement 96

Manufacturing Procurement Analytics Software Supply Chain Planning Software Las Vegas 96

SCMDOJO

APRIL 4, 2023

Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. Key Takeaways What is Supply Chain Analytics?

Prescriptive Analytics Software 110

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Logility

MARCH 16, 2023

Although inflation has slowed since then, it continued to climb in January 2023 , triggering fears that the Fed could keep raising interest rates throughout 2023. What does all of this mean for manufacturers and distributors? More and more manufacturers will aim to control costs by casting a wider net for suppliers.

Network Design Software 130

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SYSPRO Smarter ERP

JANUARY 29, 2024

Technology is becoming a major focus for Asian manufacturers. Many governments are incentivising companies to invest in new manufacturing technologies, and the manufacturing sector in Asia has undergone significant change in recent years. Manufacturing will continue to be shaped in 2024 and beyond, by technological advances.

Manufacturing Procurement 52

Manufacturing Procurement Trends Manufacturing Inventory Management Software 52

Supply Chain Shaman

NOVEMBER 15, 2023

FactSet reports that 66% of companies in Q3 2023 beat revenue guidance. PWC’s Digital Trends in Supply Chain Survey reports that 83% of manufacturers say that supply chain technologies have not delivered the expected results. When he speaks of the supply chain, he means procurement. The public markets are nervous.

Supply Chain Planning Software 390

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 390

ModusLink Corporation

SEPTEMBER 1, 2023

Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. Container rates in late July 2023 reached $1323 per TEU, significantly surpassing the late-2019 rates of $1236.87 But what does that mean for future strategies in procurement ?

Optimal Sourcing 78

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Enterra Insights

JANUARY 18, 2024

Regardless of your feelings, 2023 was a breakout year for AI. Mario Mirabella , CEO of MSM Digital, writes, “AI-powered predictive analytics enables us to harness the power of data and uncover valuable insights that can drive business success. Nevertheless, 2023 saw significant movement in the area of AI regulation.

Trends 264

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QAD

JANUARY 24, 2023

It is no secret that procurement executives are constantly seeking innovative ways to maximize efficiency and address unexpected supply disruptions. However, procurement is evolving into much more than the most cost effective option since the cheapest option often involves real world atrocities like child and forced labor.

Supply Chain Software 96

Supply Chain Software Manufacturing Procurement Optimal Sourcing Procurement 96

Supply Chain Matters

AUGUST 30, 2023

In this August 30, 2023 edition of Supply Chain Matters This Week in Supply Chain Technology we provide capsule highlights of investments announced by supply chain management focused tech providers. According to the announcement , this start-up aims to develop breakthroughs in Generative AI , Large Language Models and Business Analytics.

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ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Procurement and supply chain teams will play a crucial role in making this vision a reality.

Manufacturing Procurement 49

Manufacturing Procurement Procurement Solutions Resource Reduction Price Reduction 49

Synovos

FEBRUARY 21, 2023

As stated in “Operating Without Borders – Building Global Resilient Supply Chains” , a report from the manufacturers’ association Make UK, “Supply chain resilience is currently top of the agenda for policy makers, government, and business leaders alike. However, near shoring provides only a partial solution. “The

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Software Inventory Management Software Agile and Lean Supply Chain 52

NC State SCRC

JANUARY 1, 2023

As we go into the first week of 2023, many are wondering what’s ahead for global commerce and supply chains. As I’ve done in prior years, I’ll make a few predictions based on what happened in 2022 – and what I think it means for 2023. Inflation is indeed going down slowly– but not as fast as the markets would like.

Predictive Analytics Software 94

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OptiProERP

DECEMBER 12, 2022

Although we have entered into the new normal, the pandemic has brought several operational challenges to the manufacturing industry ( State of Manufacturing report, Fictiv 2021 ). Learn how to get ready for manufacturing industry trends in 2023. Industrial manufacturing production can be very challenging to manage.

Manufacturing Procurement 52

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Supply Chain Matters

JANUARY 10, 2024

This SaaS software provider has a noted 7,000 customer with a vertical industry presence spanning chemicals and life science , government , manufacturing and metals and mining industry sectors. In 2023, this tech secured $13 million in added financing, led by MK Capital , a venture capital firm. All rights reserved.

Supply Chain Design Software 52

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Arena Solutions

JUNE 6, 2023

On May 15-18, 2023, over 10,000 industrial enterprise professionals convened virtually and in person at the Boston Convention and Exhibition Center to attend LiveWorx, PTC’s premier digital transformation event.

Supply Chain Design Software 84

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Supply Chain Matters

DECEMBER 14, 2022

The Ferrari Consulting and Research Group through its affiliate, Supply Chain Matters blog unveils part two of a summarized overview of our annual prediction themes for industry and global supply chains for the year 2023 and beyond. Economic and Business Challenges Expected in 2023. Overall Themes for the Year 2023.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Cost Reduction Strategies Material Savings 52

Logistics Viewpoints

OCTOBER 10, 2022

This global, Tier 1 manufacturer is headquartered in Stockholm and had revenues of over $8 billion last year. in turn, is a boutique procurement consultancy. Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons.

Supply Chain Risk Management 223

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ToolsGroup

MAY 17, 2022

A combo of pandemic-related increased demand, and the tragic destruction of a key chlorine manufacturer have led to 2022’s swimming pool chlorine shortage. Image source: Cape Analytics. Image Source: Nola. Image Source: USA Today. Image source: CNBC. The cause of this tragedy? between 2021 and 2026.The

Purchasing Skills 367

Purchasing Skills Louisiana Manufacturing Procurement Las Vegas 367

Enterra Insights

OCTOBER 26, 2023

Companies can leverage social media to obtain consumer behavior analytics while also monitoring the industry, news and other sources that can indicate potential supply chain disruptions like the passing of a new regulation. 3] Staff, “ Build resilience into all supply chain decisions ,” Kinaxis Blog, 23 May 2023. [4]

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Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 130

ivalua

APRIL 27, 2023

CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives.

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Supply Chain Design Software Supply Chain Planning Software 130

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. FCL is a wholesaling, manufacturing, marketing and administrative cooperative that has been recognized by a wide variety of awards.

Cost Reduction Strategies 130

Cost Reduction Strategies Sustainability Optimal Sourcing Sourcing Strategies 130

Enterra Insights

JANUARY 11, 2024

They explain, “Transparency assures consumers, regulators and investors that products are on their way and that sourcing is sustainable, as well as helping avoid compliance fines and enhancing brand and corporate reputation. Sourcing decisions will be based more upon resilience, rather than merely minimizing costs. 5] Michael C.

Supply Chain Design Software 130

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The Logistics of Logistics

MAY 26, 2023

Hannah is a board member of the National Association of Manufacturers, WBEC-Pacific, the Women’s Business Enterprise National Council (WBENC) where she also serves as WBENC Forum 1st vice chair, board chair of How Women Lead–Silicon Valley, and is a member of the Committee of 200 for executive women.

Supply Chain Design Software 205

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Resilinc

JANUARY 31, 2023

Launched in 2020, CommodityWatch AI uses real-time news and event monitoring and predictive analytics to forecast supply, demand, and pricing trends out to three months for commodities including but not limited: gold, silver, aluminum, copper, caustic soda, cobalt, helium, paper, and tin.

Negotiating Skills 62

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Supply Chain Matters

APRIL 4, 2024

Founded in 2002 with over 100 consultants and based in Boulder, Colorado , Spinnaker SCA designs and builds agile supply chains for leading brands across Consumer Staples, High Tech, Industrial Manufacturing, Retail & Apparel, Medical Devices, and Distribution Industries. All rights reserved.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

Supply Chain Matters

JANUARY 21, 2023

The Ferrari Consulting and Research Group announces that our latest Research Advisory, 2023 Predictions for Industry and Global Supply Chains is now available for reading. In a prior five-part series of commentaries hosted on Supply Chain Matters , we have provided snapshots of five of our ten predictions for 2023.

Predictive Analytics 52

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Logistics Viewpoints

OCTOBER 19, 2023

Even if this retailer had used AI to forecast my purchase, AI that creates a perfect plan but fails to execute it only results in a highly-efficient silo, as Northeastern University professor Nada Sanders says. The table needs to be able to be manufactured and delivered to meet demand on time in full (OTIF), to achieve customer satisfaction.

Supply Chain Planning Software 225

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 225

Supply Chain Matters

JANUARY 13, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and global supply chains research advisory. These efforts will have broader Amazon and industry deployment trials in 2023 and beyond.

Predictive Analytics Software 52

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Exiger Perspectives

JUNE 21, 2023

Award highlights Exiger’s AI solutions and their ability to drive supply chain visibility and operational resilience for advanced manufacturing customers. Within the initial six-week validation process, Exiger onboarded dozens of contract manufacturers, and today, over 40 Tier 1 fabricators have logged into SDX to validate their BOMs.

Supply Chain Planning Software 52

Supply Chain Planning Software Demand Planning Software Supply and Demand Supply Chain Software 52

Supply Chain Matters

JANUARY 19, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and global supply chains research advisory. Our research advisory will provide added depth to the above areas.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 52

o9 Solutions

JANUARY 5, 2023

The energy trilemma of energy security, sustainability, and affordability is kicking in full gear in 2023. Decisions are taken at different stages within the supply chain (supply, manufacturing, and distribution) and at different levels. Aligning each step of this complex process is critical to gaining a competitive advantage.

Modeling 52

Modeling Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software 52

Supply Chain Shaman

OCTOBER 13, 2022

On this tour, I heard Jeff Ma, a former member of the MIT blackjack team, speak on the use of analytics to make better decisions in “beating the house.” Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. Last week, Nike reported first quarter 2023 results.

Supply Chain Planning Software 219

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 219

Logility

AUGUST 11, 2023

For example, DENSO Corporation connected advanced analytics to its ERPs, CRMs, and business intelligence applications to transform data into meaningful insights. Producers are impacted by poor yields in the fields, soaring costs in growing and transporting crops, and fewer growers to source from.

Supply Chain Planning Software 191

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SCMDOJO

DECEMBER 28, 2023

According to a recent report by Global Web Index, modern shoppers distribute their attention across multiple social platforms and are increasingly likely to purchase products on their mobile devices. This report highlights that 97% of respondents anticipate AI impacting product development and manufacturing. #2

Supply Chain Planning Software 74

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Procurement Academy

OCTOBER 18, 2023

NXP Semiconductors (NXP) , is a global designer and manufacturer headquartered in The Netherlands. The challenge Following the appointment of NXP’s Chief Procurement Officer, Jeff Wincel , a new global strategy was implemented that included a pillar dedicated to ‘people and success’. 93% felt the training was relevant to their jobs.

Case Study 52

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