Thu.Jun 01, 2023

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Is Artificial Intelligence Ready for Prime Time in the Supply Chain?

Enterra Insights

In the years leading up to the Covid-19 pandemic, most people paid little attention to supply chain operations. Following the outbreak, that all changed. Supply chain disruptions dominated the headlines. People suddenly understood what had always been true: supply chains shape our lives. A year into the crisis, Sriram Narayanan , the Kesseler Family Endowed Faculty Fellow of Supply Chain Management at Michigan State University, explained, “Supply chain management plays a central role in the qual

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

Retailers know firsthand how quickly the market can change. One day, a product is flying off the shelves, and the next, it’s gathering dust. That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs.

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ToolsGroup Welcomes Catherine Sigmar as Chief Legal Officer and Promotes Sahil Gupta to Chief Product Officer

ToolsGroup

ToolsGroup expands its teams to support accelerating business growth worldwide. BOSTON – June 1, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, announces the recent appointment of its new Chief Legal Officer, Catherine Sigmar , and the promotion of Sahil Gupta to Chief Product Officer. As Chief Legal Officer, Catherine will develop ToolsGroup’s in-house legal department, implementing a globally consistent strategy and aligning best practices acr

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5 Common Supply Chain Resume Mistakes to Avoid

SCMDOJO

Are you looking to enhance your chances of landing a supply chain role? As someone with extensive managerial and recruiting experience spanning over 15 years, I’ve had the opportunity to review a staggering number of resumes, totaling more than 200. Through this process, I’ve identified a recurring pattern of errors that often lead to these CVs being overlooked.

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4 Ways To Drive Supply Chain Excellence in the Food Industry

The Supplier Relationship Management Playbook is your guide to building effective supplier partnerships that drive supply chain excellence. This playbook equips supply chain professionals with strategies for managing compliance, tracking performance, and fostering collaboration to reduce supply chain risks. Inside, you’ll find: Strategies for Compliance: Best practices to help meet regulatory standards.

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Supporting S&OP with Stakeholder & Supply Chain KPIs

Silvon Software

KPIs are essential in S&OP as they provide a quantitative framework for gaining visibility, aligning efforts, supporting decision-making, and driving continuous improvement across the business. But how do you know if you are using the right KPIs, including both stakeholder and supply chain performance measures? It All Comes Down to Balance & Alignment Unfortunately there is no easy answer to the question of whether or not you’re using the right KPIs for S&OP.

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More Trending

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Five Steps to Ensuring Supply Chain Solutions Implementation Success

Supply Chain Brain

Success in supply chain planning and operations solutions relies upon the ability to identify and document desired value measures and outcomes, and to align those with the solutions provider.

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Navigating the UK Economy: Budgeting Tips and Coping with Rising Interest Rates

IT Supply Chain

By Ian Benson (pictured) Content Writer The post Navigating the UK Economy: Budgeting Tips and Coping with Rising Interest Rates appeared first on IT Supply Chain.

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Podcast | Getting the Most Value From Your Supply Chain Planning System

Supply Chain Brain

You’ve chosen a provider of supply chain planning software. How do you ensure that the initiative will succeed?

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Rising pressure to ditch the PSTN

IT Supply Chain

By Kristian Torode (pictured) Director & Co-Founder, Crystaline The post Rising pressure to ditch the PSTN appeared first on IT Supply Chain.

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Learnings and Insights From the 2023 Gartner® Supply Chain Symposium: Part 2

BlueYonder

Last month, at the 2023 Gartner ® Supply Chain Symposium in Orlando, Florida, there were many key supply chain themes that emerged. This is Part 2 of the learnings and insights from the discussions with supply chain leaders and from additional sessions by Gartner analysts about new technologies that will be beneficial to long-term supply chain performance.

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Legal AI expert has a warning when it comes to new regulations

IT Supply Chain

By Jaeger Glucina (pictured) Managing Director, Luminance The post Legal AI expert has a warning when it comes to new regulations appeared first on IT Supply Chain.

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Perpetual Inventory System: Definition & Methods

Unleashed

As product businesses grow, the number of SKUs and complications typically grow too. At a certain point, manual inventory management becomes no longer feasible. In this article, we explore a popular solution: the perpetual inventory system. Perpetual inventory system definition A perpetual inventory system centralises your inventory data and tracks your inventory in real-time to give you a precise inventory count instantaneously.

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OpenAI to fight AI hallucinations

IT Supply Chain

By Eleanor Lightbody (pictured) CEO, Luminance The post OpenAI to fight AI hallucinations appeared first on IT Supply Chain.

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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

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Watch: Continental Embraces AI to Track and Manage Tooling

Supply Chain Brain

A case study involving Continental and eMoldino, a provider of applications for managing the automotive tooling supply chain, as told by Marllon Kopelvski, supplier quality manager with Continental, and Gabriel Tejada, senior project manager with eMoldino.

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Workforce Reduction and Warning from Project44

Supply Chain Matters

End to end supply chain visibility and execution process support technology provider project44 acknowledged a workforce reduction last week. According to published reports from Freightways and Crains Chicago Business , the headcount reduction amounts to upwards of 10 percent of this tech provider’s global workforce. CEO Jeff McCandless indicated to Freightways that whereas in prior months high-flying logistics and freight start-ups could secure millions of equity funding very readily, private eq

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Unlocking the collective potential of supply chains with digital fluency

Procurement Academy

Gartner Supply Chain Symposium/Xpo ™ conference delivers must-have insights, strategies, and frameworks for chief supply chain officers (CSCOs) and supply chain leaders to think big and drive real impact within their organizations. Our team attended the event in Orlando last month and left feeling inspired and galvanized about the potential to support supply chain digital fluency skills.

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Amazon Workers Walk Out and Demonstrate for Grievances with Management

Supply Chain Matters

Supply Chain Matters updates readers on actions occurring yesterday as some Amazon workers across multiple facilities walked out to demonstrate grievances with management. Published reports indicate that hundreds of Amazon workers temporarily walked off their jobs yesterday in protest over return-to-office mandates and on perceived lack of teeth within overall corporate sustainability efforts.

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How to Master Product Portfolio Management

Pursuing product portfolio management excellence empowers organizations to unlock the full potential of their offerings. This comprehensive guide unveils 10 essential keys that serve as the building blocks for success.

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Italy Starts €1 Billion Sovereign Fund for Key Supply Chains

Supply Chain Brain

The fund hopes to “stimulate the growth and consolidation of national strategic supply chains" according to a statement from Italy’s industry ministry.

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What Small + Mid-sized Shippers Should Do to Navigate Today’s Freight Market

Talking Logistics

The freight market is in a state of relative stability — and it’s a favorable one for shippers of all shapes and sizes. The slow demand and ample supply that defined Q1 have persisted into Q2, as long-distance trucking employment saw a 4.8% Y/Y increase in March. Meanwhile, wholesale and retail inventories, key drivers of. Read more The post What Small + Mid-sized Shippers Should Do to Navigate Today’s Freight Market appeared first on Talking Logistics with Adrian Gonzalez.

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Supply Chain News on Some Companies Pulling Back on eFulfillment Strategies for Others

Supply Chain Digest

Abrupt End to Fulfilment Plans by Shopify Shows how Hard Logistics Can Be, as American Eagle also Retreats

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Unveiling SC Navigator 4.0 – What’s new in the latest release?

AIMMS

With the latest release of SC Navigator 4.0, AIMMS has developed a comprehensive, off-the-shelf solution that consolidates multiple applications.

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The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

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Supply Chain by the Numbers for June 2, 2023

Supply Chain Digest

US PMI Falls Yet Again. Reshoring Really Gaining Momentum. EV Maker Rivian Stock Collpapse.

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StockTrim adapts to keep Pave Tools on track

StockTrim

StockTrim has been helpful for us to be more aware from the purchasing side instead of working so much with the accounting side; now we can look at the inventory ourselves.

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Lessons from the Gartner Top 25 Supply Chains 2023

Supply Chain Digest

Gartner Identifies Three Key Trends across Supply Chain Leaders

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NJ Senators Award $400,000 to Manufacturing Extension Program

Supply Chain Brain

The grant will allow the NJEMP to provide technical assistance and optimization improvements to small- and mid-sized manufacturers across the state.

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11 KPIs for Measuring Innovation Success

Measuring innovation success is critical yet challenging for organizations, often leading to confusion over which KPIs to use. Many rely on inappropriate metrics borrowed from other departments, wasting resources and overlooking valuable opportunities. This guide outlines why innovation metrics are hard to track and offers a framework for creating effective KPIs.

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What is the right S&OP Frequency?

Demand Driven Technologies

In the plants I worked in, I started orchestrating S&OP processes in the late 80s/early 90s. I always considered that it should be a monthly process – without necessarily asking too many questions. In a factory, it’s natural to have reviews for each shift, daily, weekly, and monthly. A yearly budget, possibly a quarterly review.

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FedEx and ALPA Reach Tentative Collective Bargaining Agreement

Supply Chain Brain

The agreement prevents a possible strike after 99% of FedEx Express pilots voted in favor of union leaders authorizing a strike May 17.

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[Infographic] Benefits of Implementing a Transportation Management Software

Loginext

This infographic highlights the benefits of implementing transportation management software in logistics operations. It showcases how your transportation operations can enhance using TMS. The post [Infographic] Benefits of Implementing a Transportation Management Software appeared first on loginextsolutions.com.