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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Embedding BI: Architectural Considerations and Technical Requirements

While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

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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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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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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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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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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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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

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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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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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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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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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How to Leverage AI for Actionable Insights in BI, Data, and Analytics

In the rapidly-evolving world of embedded analytics and business intelligence, one important question has emerged at the forefront: How can you leverage artificial intelligence (AI) to enhance your application’s analytics capabilities? Imagine having an AI tool that answers your user’s questions with a deep understanding of the context in their business and applications, nuances of their industry, and unique challenges they face.

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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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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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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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Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

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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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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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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.