Wed.Oct 06, 2021

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Planning to Win: Optimizing Inventory to Meet Business Objectives

ToolsGroup

Who wouldn’t want their supply chain to be “optimized,” right? Optimization is peak efficiency, using the perfect balance of inventory and resources to service customer demand without incurring any unnecessary costs or waste. However, optimization is a term that’s often misunderstood and applied incorrectly in the supply chain world. . Even in a perfectly optimized supply chain, if you zoom in on a specific process, it may appear to be running sub-optimally.

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Why Strategic Partnerships Enable OTR Freight Management

GlobalTranz

OTR freight represents a long-standing aspect of supply chain operations and transportation management. As the state of the trucking market evolves and innovations improve , OTR freight management technologies and logistics service providers offer transportation management optimization to help businesses avoid significant supply chain disruption.

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“Why Do I have to Wait?” Supply Chain Disruption Gets Its Day

Logistics Viewpoints

Supply chain is once again front-page news in the general business media. Meanwhile, supply shortages and price inflation are getting the front page in consumer-focused publications and plenty of airtime on televised news. And rightfully so. Many consumers, including myself, become irritated by the sight of empty store shelves where our favorite consumer goods are typically stored.

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Seven Tips to Handling LTL Freight Demand

Talking Logistics

As online shopping continues to soar, small packages are moving to less-than-truckload (LTL) freight and LTL continues to receive truckload (TL) spillover freight. The demand for LTL shipping is far exceeding capacity. Logistics and supply chain experts report the imbalance is higher than they’ve ever seen, causing shipment delays and rising LTL freight costs.

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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Avoiding Port Congestion with Neel Jones Shah

The Logistics of Logistics

Avoiding Port Congestion with Neel Jones Shah. Neel Jones Shah and Joe Lynch discuss avoiding port congestion. Neel is the EVP and Global Head of Airfreight at Flexport , the platform for global logistics. About Neel Jones Shah. Neel is the EVP and Global Head of Airfreight at Flexport , the platform for global logistics. A widely recognized leader in the global logistics industry, Neel was formerly SVP and Chief Cargo Officer at Delta Airlines and VP Sales and Marketing at United Airlines.

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The future of manufacturing: trends and innovation for growth

SYSPRO Smarter ERP

Before COVID, new technologies in manufacturing took years, sometimes decades, to become fully accepted. The pandemic, however, has speeded up those transitions by years. If you want to argue that these changes are in technology only, there was a recent Bloomberg article which noted that: “companies from noodle makers to semi-conductor giants are spending on new plants and machinery in ways they haven’t done for years.” Currently, much of the industrial world is like the consumer wor

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Logility Launches Corporate Responsibility Solution, Helping Businesses Track Social Compliance

Supply Chain Brain

Logility, Inc., a provider of sustainable supply chain solutions, announced its latest software release, which supports corporate social responsibility and supply chain traceability goals.

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4 Aggregation Mistakes When Reporting Forecast Accuracy

Arkieva

It is important to measure and improve the forecast accuracy at the right level of aggregation. If you measure at too high a level, your accuracy picture will look better than what it needs to be as the data at high (aggregated) levels is more forecastable. By contrast, at too low a level. 4 Aggregation Mistakes When Reporting Forecast Accuracy was first posted on October 6, 2021 at 8:08 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial u

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The Future of Supply Chains Is AI: How to Start Small to Win Big Over Time

IT Supply Chain

By Martin Verwijmeren (pictured). CEO & Co-Founder of MPO. The post The Future of Supply Chains Is AI: How to Start Small to Win Big Over Time appeared first on IT Supply Chain.

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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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16 Cost Reduction Strategies in Inventory Management

Unleashed

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that are each proven to reduce a company’s costs.?

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The Same-Day Delivery concept.

ModusLink Corporation

The Same-Day Delivery concept. The internet allows people to achieve instant gratification for things that they want as they can get what they want, when they want it. All you must do is open a search engine such as Google and request the information that you were looking for. For the most part you can get what you want within seconds. This driver of instant gratification has been introduced in today’s fulfillment practices as the concept of ‘same-day delivery’.

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For successful storage the difference is in the detail

IT Supply Chain

By Edward Hutchison (pictured). Managing Director, BITO Storage Systems. The post For successful storage the difference is in the detail appeared first on IT Supply Chain.

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How Supply Chain affects your Brand Image.

ModusLink Corporation

How Supply Chain affects your Brand Image. The Supply Chain is often the heart of many companies. The way a Supply Chain is ran can often be directly linked to a business’ overall performance. The reason for this is because a Supply Chain essentially links all important stakeholders together. This goes both upstream (suppliers of raw materials, parts, etc.) and downstream (End customer, returns).

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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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Do we have to cancel Christmas this year?

IT Supply Chain

By Andreas Koenig (pictured). CEO, ProGlove. The post Do we have to cancel Christmas this year? appeared first on IT Supply Chain.

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Appreciating Health

BlueYonder

In December of 2007 I went in for a normal, annual medical check-up. I had started at a new company in August of the same year and already completed a check-up 6 months prior with my previous company, so I was considering not going. Since I would have had to wait another year, I decided to go. During the appointment, after palpating my breast tissue, the doctor instructed me to go to a hospital for further testing.

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The top four questions you need to ask an AI vendor

IT Supply Chain

By Stephen Boals (pictured). SVP, Strategy & Evangelism, Ephesoft. The post The top four questions you need to ask an AI vendor appeared first on IT Supply Chain.

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Building an Evergreen Supply Chain | The Tricky Logistics of Christmas Trees

iDrive Logistics

There may be no “rockin’ around the Christmas tree” for some this year. As much as we want to paint a rosy picture of the holidays, we echo other voices in supply chain when urging consumers to shop early this year, and not just for gifts. Christmas trees are another item that may be tricky to get. The post Building an Evergreen Supply Chain | The Tricky Logistics of Christmas Trees appeared first on iDrive Logistics.

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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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Time to Operationalize Supply Chain Sustainability

Adexa

Time to Operationalize Supply Chain Sustainability According to McKinsey & Co. , one of the top priorities of CEOs in the new norm is sustainability. It should not be any surprise to supply chain leaders that the top two priorities in supply chain operations are resiliency and sustainability. Resiliency comes with the ability to mitigate risk. This can be done in many ways by establishing new processes and focused attention on taking mitigating steps as well as deployment of systems to ident

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HICX reveals that more than 60% of top firms neglect supplier communications

HICX Solutions

Leading Supplier Information Management Vendor HICX recently published The Supplier Experience Survey report. A new survey report reveals 64% of enterprises are disadvantaging themselves during the pandemic by not having strong communication channels in place with suppliers. With the events of the coronavirus crisis revealing how dependent organisations are on their supply chains, HICX, the leading Supplier Experience Management provider, has published a survey report about supplier-centricity i

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What is Connected Manufacturing?

QAD

Connected manufacturing is a business strategy that enlists cloud computing to make use of operational and business data for greater visibility, efficiency, control and customer service. This strategy will be a key factor in determining which businesses are able to thrive in the future. As more and more companies adopt a connected manufacturing approach, utilizing technology such as manufacturing ERP software, the more industries rely on (and customers expect) automation, digitization and data u

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Supply Chain Resilience Strategy: Everything You Need to Know

ProcurePort

The resilience of any supply chain is based on its ability to withstand shocks and recover quickly. The impact of unexpected disruptions should not result in wholesome halting and devastating losses to the affected businesses. For a long while, businesses have sought to minimize their fixed costs in sourcing. The search for efficiency led to […].

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Monetizing Analytics Features

Think your customers will pay more for data visualizations in your application? Five years ago, they may have. But today, dashboards and visualizations have become table stakes. Turning analytics into a source of revenue means integrating advanced features in unique, hard-to-steal ways. Download this white paper to discover which features will differentiate your application and maximize the ROI of your analytics.

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Supply Chain Cartoon Caption Contest Starting Oct. 6, 2021

Supply Chain Digest

Show us your Supply Chain Wit

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Congratulations to Nobel Laureate Professor David MacMillan, Princeton University, Department of Chemistry

Enterra Insights

As a former Visiting Professional Executive in Cognitive Reasoning Platforms in Princeton’s Department of Chemistry, I was as thrilled as others associated with Princeton’s chemistry department to learn that Professor David W.C. MacMillan was co-recipient of the 2021 Nobel Prize in chemistry. The New York Times reported, “The Nobel Prize in Chemistry was awarded … to Benjamin List and David W.C.

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Supply Chain Graphic of the Week on a Quadrant Analysis of Customers and Products

Supply Chain Digest

Companies Spend Far too Much Effort and Cost on Low Volume Customer and SKUs

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The Autonomous Digital Enterprise, Conclusion

Enterra Insights

According to many business experts, the Digital Age requires organizations to transform into Digital Enterprises. Digital transformation, however, involves much more than simply buying the latest technologies. In fact, experts insist the focus should be more on “transformation” than on becoming “digital.” For example, Paul Leinwand ( @PaulLeinwand ), global managing director for capabilities-driven strategy and growth at Strategy&, and Mahadeva Matt Mani ( @MMahadev )

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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Supply Chain News on JBM Packaging in Ohio Gives Workers with Criminal Pasts a Second Chance

Supply Chain Digest

Recruits from about 30 Correctional Institutions and Halfway Houses

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DPW2021 Alex Saric – Delivering step change improvements in CSR performance

ivalua

The post DPW2021 Alex Saric – Delivering step change improvements in CSR performance appeared first on Ivalua.

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Warehowz Launches Self-Service Solution for Flexible, On-Demand Warehousing

Supply Chain Brain

Warehowz Inc., a cloud-based, on-demand warehousing marketplace, has launched a new self-service solution that enables businesses to find affordable, flexible warehouse space in as little as 24 hours.