Wed.Sep 13, 2023

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High Performance Inventory: The Supply Chain Differentiator

ToolsGroup

Tired of the phrase “new normal” yet? Disruption lingers, consumer trends change, lead times stretch. It’s the typical supply chain refrain. So how can organizations face this new market landscape with confidence and a solid planning process? The key lies in high performance inventory. Forward-looking supply chain professionals understand that inventory is not an end in itself; it’s a means – to enhanced customer service, increased profitability, and greater efficiency.

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Demand Planning: Whipped And Chained by Tradition

Supply Chain Shaman

In a recent blog post, I was challenged by Anna. She wrote, “I have been working in the supply chain for 35 years, and we are still trying to solve the “demand” issue. Solving from a supply side seems to work for many companies I work with. Given your expertise, I’d love to hear what alternatives you recommend for better demand forecasting and real-time visibility beyond what’s commonly adopted today.” Anna, this blog post is for you.

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September 13, 2023 Update

Freightos

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. More Resources Home September 13, 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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FourKites Visibility 2023: CONNECTED

Logistics Viewpoints

Last week I attended FourKites Visibility 2023 in Chicago, IL. The conference as a whole was fantastic, from the location and networking events to the conversations I had and sessions I attended. This was the largest conference that FourKites has put on to date, with nearly 800 customers, partners, prospects, and thought leaders descending on the Hyatt Regency to learn and, as the conference theme says, connect.

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How to Conduct Workplace Incident Investigations to Create Safer Workplaces

This white paper provides a comprehensive overview of global workplace incident trends, focusing on the top three biases leading to such incidents. It also highlights the significance of CSA Z1005 as a risk management standard and outlines the ROI of thorough incident investigations, covering emergency response to post-incident interviews. Additionally, it introduces an Investigation Evidence Gathering Matrix.

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Data Exchange in Dock Scheduling Software: The Synergy of EDI and API

C3 Solutions

Managing complex supply chains is more of a strategy than only execution. While the execution has to be perfect now, with the higher-than-ever customer expectations and fierce competition, it has to be shaped through a robust supply chain and IT strategy. And data has to be the heart of such business strategies.

More Trending

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A Pause to the Rush of Life – Part 2

BlueYonder

September is Self-Care Awareness Month in the U.S., reminding us to time to remind us that taking care of ourselves is important. In honor of the month, Rahul Vyas, Ph.D., a Lead on Blue Yonder’s Learning & Development team, shares a follow-up to his National Relaxation Day blog on the role of relaxation when it comes to self-care and how other cultures view this practice.

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Watch: A Look at DOT's FLOW Data-Connection Initiative

Supply Chain Brain

Andrew Petrisin, supply chain advisor with the U.S. Department of Transportation, describes the role of the agency's Freight Logistics Optimization Works (FLOW) initiative.

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Pivot88 Joins Forces with TradeBeyond

Pivot88

TradeBeyond, the leader of extended supply chain management solutions for private label and branded merchandise, announced today that it has acquired Pivot88, the trusted SaaS provider of quality, compliance, and traceability solutions to brands and retailers around the world. Powered by Applied AI, Pivot88’s platform enables a 360-degree view of products from cradle to grave, equipping retail businesses with actionable supply chain data to mitigate risk.

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Threatened UAW Strike Could Cause ‘Turmoil’ in Entire Auto Supply Chain

Supply Chain Brain

The strike deadline set by the United Auto Workers union, which is negotiating with the so-called Detroit Three automakers is September 14, a minute before midnight.

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Mastering Digital Transformation: Your Guide to a Successful MES Implementation

70% of digital transformation projects fail (BCG, 2020). In an industry where most large software implementations falter, we recognize the importance of planning, optimization, and execution. With over 25 years of industry experience and countless successful implementations, MASS Group is opening the vault of tips and tricks to provide a complimentary step-by-step guide in implementing a Work-In-Progress (WIP) tracking software.

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Seaboard Corp’s Digital Transformation with Simfoni’s eSourcing Solution

EC Sourcing Group

True transformation stems from passion, tenacity, and the audacity to embrace change. At Seaboard Corporation, a leading global agribusiness and key player in the grain and flour milling industry, this transformation was driven by the need to modernize their procurement process and stay competitive in a rapidly evolving business landscape. The Challenge For years, Seaboard relied on manual procurement processes, drowning in stacks of paper and spreadsheets, which were not only time-consuming

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Supply chain considerations when taking back a PFI

Proxima

With many PFIs set to expire, we take a look at the steps to tackle this shift According to government data, there are over 700 Private Finance Initiatives (PFIs), and the majority will expire in 2025. Why should this be big news? Quite simply, because we are talking big numbers, critical services and a complex challenge emerging. A National Audit Office report in 2020 revealed the capital value of the estimated 700 PFI was around £57bn.

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aioneers Recognized as a Representative Vendor in 2023 Gartner® Market Guide for Analytics and Decision Intelligence Platforms in Supply Chain

Aioneers

aioneers, a fast-growing provider of AI-powered supply chain management software has been listed as a Representative Vendor in the 2023 Gartner® Market Guide for Analytics and Decision Intelligence Platforms in Supply Chain. We believe that this recognition signifies aioneers' commitment to excellence, innovation, and its position as a competitive player in the market.

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7 Ways to Plan Ahead For Potential Business Disasters

IT Supply Chain

By John Hampton (pictured) Content Writer The post 7 Ways to Plan Ahead For Potential Business Disasters appeared first on IT Supply Chain.

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The New GTM Playbook: 18 Ways to Future-Proof Your Sales Team

Longer sales cycles. Increasingly discerning buyers. More meetings. Intensifying competition. Economic uncertainty. Go-to-market teams of every size, in every industry, are grappling with these challenges firsthand. Thankfully, there’s an answer. We’ve developed an entirely new way for GTM leaders to identify and execute proven, data-driven strategies that drive revenue.

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Apple Product Event Provides Added Supply Chain News

Supply Chain Matters

Apple conducted its annual product line-up event this week, tagged as “ Wonderlust.” In addition to new product hardware and some services announcements, the lead up to the event has provided some supply chain related news. New iPhone Lineup As widely expected, the company unveiled a new Apple iPhone15 line-up that includes four models : iPhone15 , iPhone 15 plus , iPhone 15 Pro and the iPhone 15 Pro Max as the top model.

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How To Legally Protect Your Cryptocurrency Capital

IT Supply Chain

By Mike Bronson (pictured) Content Writer The post How To Legally Protect Your Cryptocurrency Capital appeared first on IT Supply Chain.

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The State of Freight with Anne Reinke

The Logistics of Logistics

Anne Reinke and Joe Lynch discuss the state of freight. Anne is the President & CEO of Transportation Intermediaries Association (TIA) , the trusted voice for third-party logistics companies of all sizes. About Anne Reinke Anne Reinke was named President & CEO of the TIA in October 2020, coming from the USDOT where she served as the Deputy Assistant Secretary – Congressional Affairs.

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Diesel Supply Strains Deepen While Trucking Demand Recovers in U.S.

Supply Chain Brain

At risk are farmers who need diesel to harvest crops and homeowners who rely on its sister fuel, heating oil, to get through the winter.

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Your Supply Chain Challenges, Solved!: 5 Guides

Download these 5 comprehensive guides designed to solve the toughest challenges facing supply chains today. After helping 1,200+ of the world’s most recognized brands to enhance and optimize their supply chains, FourKites has crafted step-by-step guides to help you solve your business’s most pressing challenges. The guides include: reducing transportation costs, improving customer satisfaction, optimizing inventory management, increasing workforce efficiency, and achieving sustainability and ESG

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Embrace a New Era of Product Development

Arena Solutions

Did you know only 55% of product launches happen on time? In our on-demand webinar "Embrace a New Era of Product Development," we share how connecting your CAD, PDM, and PLM systems can create more efficient, streamlined, and cost-effective product development processes.

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Fleet Enable Launches Free Electronic Data Interchange Offering

Supply Chain Brain

The new service will allow freight haulers to receive digital orders and send return responses to their partners without manual intervention.

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How To Protect Your Business From Potential Risks Given Freight Rates’ Changing Trends

Tai Software - Freight Broker Software Articles

The recent volatility in freight rates has led to a newfound urgency for businesses to become proactive in preparing for upcoming shifts in the industry. With changes in the global economy, geopolitical tensions, and ongoing pandemic impacts, there’s never been a more crucial time to understand and adapt to the dynamics of freight rates.

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C.H. Robinson Opens 400,000-Square-Foot Logistics Facility in Texas

Supply Chain Brain

The venue has 154 dock doors that can support up to 700 trailers, making it one of the largest cross-docking facilities in Laredo, Texas.

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3 Sizzling Ways to Warm up Cold Calls

Even in today’s data-driven sales world, cold calling remains a fact of life for many go-to-market professionals. Fortunately, today’s sales leaders have a crucial advantage over their predecessors: market intelligence and outreach platforms that can warm up virtually any introduction.

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Checkout Optimization – Streamlining the Path to Purchase

Saleswarp

What Is Checkout Optimization? A smooth and hassle-free checkout experience can make all the difference between a sale and a lost opportunity. This is where checkout optimization comes into play. Checkout optimization is a strategy aimed at boosting a retailer’s conversion rate by fine-tuning the final steps of the customer checkout process.

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India Planning New Policy to Attract EV Manufacturers, More Investment

Supply Chain Brain

American car maker Tesla has held ongoing talks with Indian PM Narendra Modi's administration to build a factory in the country.

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ABB Group Investing $280M in Swedish Robotics Hub

Supply Chain Brain

The new campus, which will allow ABB to expand its production capacity by 50%, is scheduled to be opened in late 2026.

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Chevron, LNG Facility Workers to Hold Tribunal to Resolve Strike

Supply Chain Brain

Chevron is hoping the Fair Work Commission will force workers to cancel the strike and make a deal with the company.

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How One Manufacturer Used GEP SOFTWARE To Save $45M in Direct Material Sourcing

For global manufacturers, managing direct and indirect material spend can get very complicated very quickly. Multiple legacy systems prevent procurement from standardizing processes and tracking what they’re spending with each supplier. In response to these challenges, a leading heavy equipment manufacturer selected GEP to redesign its source-to-contract processes and implement a convergent data model to help manage procurement data across its multiple locations.