Fri.Dec 02, 2022

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Business’ Big Data Problem: Data Quality

Enterra Insights

There is almost universal recognition that the age in which we live is dominated by data. Data is the sine qua non of the Digital Age. Here’s the problem: According to a survey conducted by HFS Research , “75 percent of business executives do not have a high-level of trust in their data. … This lack of trust comes despite 89 percent of executives surveyed saying a high level of data quality was critical for success.”[1] It’s hard to imagine how an organization can s

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Above the Fold: Supply Chain Logistics News (December 2, 2022)

Talking Logistics

December, already? I was thinking of something witty to write as we enter the last month of 2022, but all that came to mind were these lyrics by the Counting Crows: A long December and there’s reason to believeMaybe this year will be better than the last With nothing more to say, here is the. Read more Above the Fold: Supply Chain Logistics News (December 2, 2022).

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Happening Now: President Biden signs legislation avoiding rail strike

West Coast and California Logistics

President Biden has signed legislation today that imposes a labor agreement on rail workers. According to Supply Chain Dive, this legislation helps the country avoid a national strike that could have cost the economy $2 billion per day.

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Majority of Supply Chain Organizations Prioritizing Sustainability

Supply Chain Brain

The majority of supply chain organizations surveyed in October and November — 77% — claim to be prioritizing sustainability or to have plans to prioritize it in the coming year. .

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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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How to Manage Supply Chain Planning Priorities

Demand Driven Technologies

Your company's operational efficiency depends on its ability to set smart supply chain priorities. Here are four tips for avoiding conflicts. Source.

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5 Things You May Have Missed in Supply Chain News

BlueYonder

Welcome to our series where we give you the scoop on five things you may have missed in supply chain news. You can also catch the full rundown from our?Blue Yonder Live video: 1. West Coast Port Congestion Finally Clears Up. Over the past year, we’ve talked a lot about the logjams at the Port of Los Angeles and the Port of Long Beach and how these have impacted our everyday lives — from holding Halloween decorations at sea and almost preventing last year’s holiday shopping season.

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Three Mistakes to Avoid with Machine Learning Forecasting

o9 Solutions

In the words of Hannah Montana, everybody makes mistakes. And, respectfully, Hannah Montana never even tried to use machine learning (ML) methods for time-series forecasting. If she did, she would have made many more mistakes. Machine learning forecasting models are flexible, easy to implement, and generally provide better results than simple statistical models.

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Global Supply Chain Marketing Summit

Supply Chain Brain

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OneRail Raises $33 Million, Looks to Expand to SMB

Multichannel Merchant

OneRail co-founders Lisa and Bill Catania (contributed photo). OneRail, an Orlando-based startup with software that optimizes last-mile deliveries, has raised $33 million in a Series B round to further develop its platform and bring in new talent to fuel its growth, with plans to launch an extension for SMBs on Shopify in 2023. The latest funding was co-led by Piva Capital and Arsenal Growth Equity, bringing the total raised to $54.5 million since OneRail’s seed round two years ago.

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Embedded Analytics: A Force Multiplier for Business

The possibilities for embedded analytics to drive real value for businesses, end users, and society are as fascinating as they are limitless. No matter the industry, brand after brand is finding that analytics can be the solution to a multitude of business challenges. Go deep with five insightsoftware customers as they share the details of their analytics journeys and discuss the transformative power of data.

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Call for Speakers - Global Supply Chain Marketing Summit

Supply Chain Brain

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Retailers Embrace Higher Inventories – The Wall Street Journal.

Operations and Supply Chain Management

I thought you would be interested in the following story from The Wall Street Journal. Retailers Embrace Higher Inventories. Download the Wall Street Journal app here: WSJ. – Bob.

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Uber Freight, Aurora Expand Texas Self-Driving Pilot with Veritiv

Supply Chain Brain

The pilot provides critical first-hand learnings around autonomous truck deployment — creating a blueprint for how the Aurora Driver will be integrated and safely deployed and scaled across the Uber Freight network.

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This Week in Logistics News (November 26 – December 2)

Logistics Viewpoints

As we continue to move towards a sense of normalcy following nearly three years Covid-related disruptions, another yearly tradition is moving back to the old way. That’s right, when you visit Santa at certain malls or stores, there will no longer be plastic partitions or chairs set up six feet away from the jolly guy. Macy’s, however, will have Santa behind a desk at its flagship store in New York’s Herald Square.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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ASCM Florida Virtual PDM | The 4 Innovations of Demand-Driven MRP with John Melbye – YouTube

Operations and Supply Chain Management

[link]. – Bob.

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An Introduction to DDMRP HD – YouTube

Operations and Supply Chain Management

[link]. – Bob.

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