Thu.Aug 18, 2022

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6 Critical Trends in Distribution and How to Optimize Your Network’s Response

ToolsGroup

From digitalization and changing workforces to trend reversals and inventory overloads, distributors have their hands full when it comes to tackling the latest supply chain challenges. Trends in Distribution and the Current Supply Chain Environment. Over the past couple of years, supply chains have undergone a baptism by fire, having to transform quickly to account for supply shortages, rapidly evolving consumer behaviors, and general Covid-related disruption.

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Navigating The River of Demand

Supply Chain Shaman

At the end of a long day of a strategy session on supply chain excellence with a client, I needed to fill up some time in an agenda. To fill the gap, I needed to get creative to fill the time. The result? The genesis of the River of Demand learning activity. Here I share my learnings in working with clients. Background. Over the last decade, I find fewer and fewer companies understand supply chain planning.

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Overcoming Tight Capacity: The Growth of LTL and Shipment Collaboration

Talking Logistics

Volatility is the new normal in the transportation industry, with consumer behavior and market conditions (read: inflation, fuel prices). Shippers and carriers are regularly challenged to accommodate the impact, from tight capacity to delays and high costs. And even amid these conditions, shippers, carriers and their customers increasingly prioritize sustainability in the supply chain and.

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Editor’s Choice: Creating Full Truckload Budgets in a Volatile Market

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. Today’s article comes from Emerge, and looks at how to create full truckload budgets in a volatile market. One of the more difficult activities that logistics executives have to engage in is the creation of transportation budgets.

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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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WEG Joins the Logility Client Community

Logility

A leader in electrical technologies chooses the Logility ® Digital Supply Chain Platform. ATLANTA – August 18, 2022 – Logility, Inc., a leader in supply chain innovation powering the sustainable and resilient enterprise, has been chosen by WEG to support its global supply network management with the Logility Digital Supply Chain Platform. Headquartered in Brazil, WEG is a world-leading supplier of electro-electronic equipment and solutions.

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Logistics integration and compliance: a Q&A with Weber’s newest VP

West Coast and California Logistics

Mimi Ma, recently appointed as VP Integration and Compliance, has steered Weber Logistics and its customers through the murky waters of logistics compliance, facility and customer onboarding, and systems integration for many years. In this article, we interview Mimi to discuss what supply chain professionals should know about these items for to ensure more successful 3PL relationships.

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Vendor Agreement: What is it and How to Create it!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Overcoming Vendor Management Challenges! Written business agreements and contracts, such as a Vendor Agreement, are vital parts of a business. Given the importance of vendors to the business supply chain, few business owners appreciate the importance of drafting an agreement while employing one.

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3 Must-have Inventory Planning Software Features

Arkieva

Every supply chain planner’s goal is to provide the highest degree of customer service while reducing inventory in the supply chain network. High customer service translates to more business for the organization, and low inventory costs mean increased working capital. Supply chain planners may struggle to balance both, but good inventory planning software would help 3 Must-have Inventory Planning Software Features was first posted on August 18, 2022 at 8:17 am. ©2017 " Supply Chain Link

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Prevention of Theft and Hacking of Bitcoin!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Improve Your Crypto Asset Security! Notwithstanding how the cryptographic money business has just barely acquired broad notification, an account is so pervasive as to be practically hypercritical. Malevolent theft and hacking of Bitcoin may influence a solitary individual or a whole advanced cash trade.

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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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Drug Supply Chain Security Act (DSCSA) Overview: Are You Ready?

QAD

Pharmaceutical manufacturers and their supply, contract packaging and distribution partners are under constant pressure to comply with government requirements while maintaining high standards for patient safety, product quality and innovation. A lack of traceability in the drug supply chain is a barrier to progress in all of these areas, but the US Food and Drug Administration (FDA) is working to change that through the Drug Supply Chain Security Act (DSCSA).

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6 Reasons Why Bitcoin Technology is Popular in Healthcare!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Ethereum and Blockchain Applications in Healthcare! Developing nations have put a lot of cash into medical care. The more significant part of rich nations is dependent on blockchain innovation to upgrade their economies. And Bitcoin technology is popular in healthcare. It will be fit for a broad scope of assignments.

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Key Findings: Healthcare Supply Chain Trends at AHRMM 2022

Tecsys

Throughout the many educational sessions, two major healthcare supply chain trends emerged. Read now to learn more. The post Key Findings: Healthcare Supply Chain Trends at AHRMM 2022 appeared first on Tecsys.

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Various Bitcoin Wallets Available!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Types of Bitcoin Wallets! There are various bitcoin wallets. No one can control this digital currency because it is decentralized. As a result, it differs from the traditional currency in that you do not need to ask someone for a transaction. However, you are free of any constraints and limitations when using bitcoin.

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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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10 Tips to Implement a Warehouse Management System for your Business?

Vinculum

Businesses across the globe are evolving at a fast pace. With a drastic change, fulfilling the business requirements and expectations of the customers has become a challenge for business owners. So it is crucial to implement a system that can streamline your Business and minimize its complexities. A warehouse management system is required to help the Business maintain its day-to-day operations.

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Store-level marketing: The next big thing in CPG advertising

crisp

SVP of Sales Stacy Bohrer shares why CPG marketers have long struggled to align ad budgets with product sales, and how brands can finally bring the digital age to retail marketing. The modern marketing profession is built around using precise customer and sales data to reach customers in just the right places. But in the world of retail CPG, marketers have had to operate without the precision of their peers.

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Kinaxis Completes a Strategic Acquisition

Supply Chain Matters

This Supply Chain Matters This Week in Supply Chain Tech commentary provides highlights and added perspectives on this week announcement regarding Kinaxis’ s completed acquisition of supply chain execution B2B SaaS platform provider MPO. Background. At the beginning of 2022, our published Ferrari Consulting and Research Group Predictions for Industry and Global Supply Chains included among others, a prediction that a heightened cycle of acquisition activity among enterprise and specialty supply

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An Interview on Modern Procurement with Nick Ralphs

HICX Solutions

For this episode of Supplier Experience Live by HICX, we were joined by Nick Ralphs to discuss modern procurement. Based in Glasgow, UK, Nick is a Director of NJR Procurement , an organization focused on ‘Increasing Value and Managing Risk in Purchasing and Supply Chains.’ Nick is also an active consultant and specializes in training procurement teams through the DevelopMyTeam platform.

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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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Cogniture Procurement Technologies will Change Your World

NC State SCRC

Today I spent an hour speaking with Zycus CEO Richard Waugh and expert Purvee Kondal, discussing key insights from my recent book “Cognitive Procurement: Discover How to Embark on your AI Journey “ In this webinar, I pulled some recent excerpts from the book, and we discussed how the world of procurement is changing rapidly and how Artificial Intelligence will become part of this transformation.

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A Fun Look at Some of Our Best Supply Chain Cartoon Caption Contest Winners

Supply Chain Digest

In the Dog Days of August, Let us Enjoy a Little Supply Chain Humor

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Machine Learning in Business — Time to Get Excited

Enterra Insights

What’s keeping business leaders from adopting machine learning (ML)? According to Deloitte analysts David Schatsky ( @dschatsky ) and Rameeta Chauhan, “[The] tools are still evolving, practitioners are scarce, and the technology is a bit inscrutable for comfort.”[1] Julian Box ( @The_Cloud_Box ), founder and CEO at Calligo, suggests costs, availability of data, security concerns, compliance risks, and ethics are other reasons businesses don’t deploy machine learning.[2] Whateve

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Supply Chain and Logistics Stock Report for Week Ending Aug. 19, 2022

Supply Chain Digest

See who was up and who was down

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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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Machine Learning in Business — Time to Get Excited

Enterra Insights

What’s keeping business leaders from adopting machine learning (ML)? According to Deloitte analysts David Schatsky ( @dschatsky ) and Rameeta Chauhan, “[The] tools are still evolving, practitioners are scarce, and the technology is a bit inscrutable for comfort.”[1] Julian Box ( @The_Cloud_Box ), founder and CEO at Calligo, suggests costs, availability of data, security concerns, compliance risks, and ethics are other reasons businesses don’t deploy machine learning.[2] Whateve

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The Latest Look at CBD Distribution and Fulfillment Requirements

Amware Logistics and Fulfillment

Great news: CBD oil stays fresh for a year or longer. Not-so-great news: CBD information doesn’t. As federal and state authorities continue to refine their regulatory stance on a wide variety of industrial hemp issues, the latest advice can lose its accuracy in a matter of months. All of which can make it tough for companies like yours to remain compliant with CBD warehouse and fulfillment requirements.

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The World’s Roads Aren’t Ready for a Hotter Climate

Supply Chain Brain

With average temperatures rising and heat waves become more frequent and intense, infrastructure and in particular roads are increasingly vulnerable to human-induced global warming.

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Federal funding provides another boost to North Carolina rail

Kanban Logistics

North Carolina’s rail infrastructure continues to improve and grow, supporting the needs of logisticians and manufacturers on the East Coast. This distribution infrastructure is part of the reason that the Tar Heel State was just named CNBC’s Best State for Business – a distinction the has earned from several economic development publications. In this article, we’ll look at an exciting new development in the growth of North Carolina’s rail infrastructure: a new intermodal terminal at the Port of

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GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. Whether from geopolitical tensions or the havoc caused by the pandemic and its aftershocks, plenty of challenges remain. Despite this, leaders are seeing a glimmer of light at the end of the tunnel — inflation is decreasing, interest rates are leveling off and supply chain volatility is easing.

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U.S. Pharmacies Ordered to Pay $650.6M for Role in Opioids Crisis

Supply Chain Brain

The U.S. pharmacy chains CVS, Walmart and Walgreens must pay a combined $650.6 million to two Ohio counties, after a jury last November concluded that the firms helped create a public nuisance in Lake and Trumbull counties by oversupplying addictive pain pills.

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An Introduction to Bulk Trucking

Bulk Connection

Many of the products you’re currently surrounded by began their existence in bulk liquid, powder, or pellet form. As such, they were transported on bulk tankers or trailers. This article serves as a primer on bulk trucking: the equipment, processes and responsibilities involved, as well as tips on choosing the right transportation partners to help.

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Watch: What's Driving Volatility in Transportation Capacity

Supply Chain Brain

Kyle Jepson, senior vice president of product at Emerge, discusses inefficiencies and empty miles in domestic transportation, and the technologies necessary to overcome those problems.