Mon.Apr 27, 2020

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Big Data Analytics to Improve Supply Chain Resilience

GlobalTranz

Supply chains across the globe need a better mousetrap to keep freight spend under control and efficiently manage freight. And, investment statistics reveal an increasing trend for more technology to enable multi-modal shipping and the application of big data analytics to increase scalability, flexibility, and demand-driven management decisions. According to a 2017 survey of supply.read More.

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Understanding the Issue of Supply Chain Fragmentation

Shipchain

Global supply chains are growing and transcending traditional borders. As businesses continue to expand, outsource, and enter new markets, supply chains will continue to increase in complexity. While there are several noteworthy benefits associated with globalization , the downside is the difficulty in ensuring that all supply chain functions and partners are working together harmoniously.

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If Multi-sourcing is a Best Practice, Why Are so Few Companies Doing It?

Logistics Viewpoints

Because of the pandemic, risk management surrounding sourcing has become top of mind. One best practice in this area is to identify and qualify alternate suppliers. Companies need to ensure they have alternate sources of supply that can ramp up to the volumes needed. This best practice urges companies to examine not just the cost of the sourced products, but also to understand the risks associated with not multi-sourcing key components.

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When Will Blockchain Be Ready for the Supply Chain?

Supply Chain Brain

At a time when supply chains are fracturing as a result of the global coronavirus pandemic, is blockchain the solution?

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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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Why We Chose Empathy as our Fourth Core Value

BlueYonder

In Harper Lee’s much-loved book, To Kill a Mockingbird , Atticus Finch teaches his young daughter Scout that empathy is the key to understanding others. “If you can learn a simple trick, Scout, you’ll get along a lot better with all kinds of folks. You never really understand a person until you consider things from his point of view until you climb inside of his skin and walk around in it,” he says.

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How COVID-19 Is Changing the E-Commerce Supply Chain

Supply Chain Brain

Here are a few ways that e-commerce companies and their supply-chain partners can mitigate risk.

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COVID-19 UPS and CVS will use drones to deliver prescriptions in Florida

Operations and Supply Chain Management

COVID-19 presents an opportunity to expand limited drone delivery tests. By Andrew J. Hawkins @andyjayhawk Apr 27, 2020, 10:36am EDT . UPS and CVS are teaming up to deliver prescription medicine via drone to residents of The Villages retirement community in Florida. The service, which will use Matternet’s M2 drones, is being conducted with authorization from the Federal Aviation Administration.

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Emergency Workforce: Getting the Answers You Need

DELMIA Quintiq

As more of the world’s population has been asked to stay home from work during this time of global crisis, non-essential businesses are suffering dramatically. The challenge will be whether companies have planned correctly to ramp up the workforce at the right time and with the right skills to capitalize on the resurgence. During these uncertain time we are helping to build emergency plans for end-to-end supply planning.

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Supply-Chain Woes to Linger – The Wall Street Journal.

Operations and Supply Chain Management

I thought you would be interested in the following story from The Wall Street Journal. Supply-Chain Woes to Linger. Download the Wall Street Journal app here: WSJ. – Bob.

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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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Freight Lane Matching and Collaboration

Talking Logistics

Everyone in the transportation industry knows that there’s a lot of waste in the system. Waste in the form of under-utilized capacity and empty miles, for example, which results in added costs and inefficiencies for shippers and carriers. One way to address this problem is through collaborative shipping — that is, multiple shippers and carriers.

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COVID-19 Virus is expected to reduce meat selection and raise prices

Operations and Supply Chain Management

David Pitt , 4/27/2020 Associated Press. DES MOINES, Iowa (AP) — Meat isn’t going to disappear from supermarkets because of outbreaks of the coronavirus among workers at U.S. slaughterhouses. But as the meat plants struggle to remain open, consumers could face less selection and slightly higher prices. Industry leaders acknowledge that the U.S. food chain has rarely been so stressed and that no one is sure about the future, even as they try to dispel concerns about shortages.

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PINC named Top Logistics IT provider in 2020

PINC

Union City, CA – April 27, 2020 – PINC, the leader in digital yard solutions, has been recognized by Inbound Logistics magazine as Top Logistics IT Provider in 2020 because its solutions address critical logistics and transportation needs and help organizations to truly become demand-driven enterprises. Every April, Inbound Logistics editors recognize 100 logistics IT companies that support and enable logistics excellence.

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COVID-19 Production – fewer workers – limiting product variety

Operations and Supply Chain Management

The need to separate workers (to protect them) creates efficiency problems for manufacturers. The reduced output is forcing companies to reduce the number of products they make. This reduction will work its way through the supply chain as raw materials and parts makers adjust to the new demand. Some manufacturers may need to stockpile more inventory until things recover.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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Supply Chain News on Dramatic Changes in Grocery Sector Resulting from Virus Crisis

Supply Chain Digest

The New New Normal ls Changing Grocery Sector Online Timeline by Three to Five Years, Alix Partners Says

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How to sell wholesale on Shopify?

TradeGecko

If your eCommerce retail business is on the up-and-up you’re looking for the next growth opportunity, expanding into wholesale online may be perfect for you.

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Video on The Thin Supply Chain Line in a Time of Coronavirus April 27, 2020

Supply Chain Digest

The Supply Chain line is facing many pressures.

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Tick These 3 Things Off Your Lockdown Marketing Campaign Checklist

Unleashed

Not sure where to start with your marketing? Samantha Crowe, PR director at Manchester-based Make it Be sets out her top tips for a winning formula. It can be daunting to get started on marketing at the best of times, especially if you have to completely change tack and speak to a different type of customer. But it’s possible to be successful if you follow a few rules.

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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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[Watch] On-Demand Recording: Sustainability in Manufacturing Virtual Summit 'Environmentally Friendly Materials'

Dragon Innovation

On this panel from the 'Sustainability in Manufacturing Virtual Summit', experts from the Manufacturing, 3D Printing and Product Development industries discuss using 'Environmentally Friendly Materials' and the impact of sustainability when bringing a product to market.

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Veridian Named One of the Best Workplaces in Consulting & Professional Services by Great Place to Work®

Veridian Solutions

CHICAGO, IL – Great Place to Work has honored Veridian as one of the 2020 Best Workplaces in Consulting & Professional Services. The ranking is representing more than 357,000 employees working in the consulting or professional services industry in the United States. Great Place to Work, a global people analytics and consulting firm, evaluated more than 60 elements of team members’ experience on the job.

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13 Reasons Why (Wholesale) Small Business Fail

EMERGE App

Business is tough as s**t. There are often 10 times more reasons why a business should fail than why it should survive and thrive. From my experience running a custom t-shirt printing business, these are the 13 most common reasons why a wholesale and distribution business fails: Reasons Why Wholesale Businesses Fail. 1. Playing in an Extremely Red Ocean – Bad Margin.

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Merits of eCommerce Product Catalog Management in Retailing Businesses

Vinculum

It is obvious that catalog management plays a vital role in today’s booming eCommerce business sector across the globe. It is a fact that customer’s preference for online retail shops over physical stores has been fast-growing and in such a competitive market, efficient product catalog management can by no means be downplayed. Customers being choosy, demands highly rich, informative and accurate product information before they purchase online.

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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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13 Reasons Why (Wholesale) Small Business Fail

EMERGE App

Business is tough as nails. There are often 10 times more reasons why a business should fail than why it should survive and thrive. From my experience running a custom t-shirt printing business, these are the 13 most common reasons why a wholesale and distribution business fails: Reasons Why Wholesale Businesses Fail. 1. Playing in an Extremely Red Ocean – Bad Margin.

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Automation Hero April 2020: Shamil Patel from Allparts

EazyStock

Shamil Patel , Director at Allparts , has driven the change from using “paper and pen” to now using an automated tool for inventory optimization. This has resulted in more satisfied customers and healthier stock. That’s why he’s EazyStocks’s Automation Hero for April ! . Name: Shamil Patel. Title: Director. Company: Allparts. Congratulations on winning the award, Shamil!

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Presenting Mr. Open Banking – Meet Eyal Sivan

Axway

The following article is an adapted transcript of the trailer for the soon to be released Mr. Open Banking podcast. The audio version is available here. . What is open banking? That depends on who you ask.

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Built-in resilience comes as standard

SnapFulfil

When the going gets tough, really tough, like these unprecedented times, it’s reassuring to know that the tough already got going quite a while back.

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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 Stop Chasing Your Tail Spend

Supply Chain Brain

One cost of lean procurement is its inability to act on certain tail-spend opportunities.

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COVID-19 – Commodities – Fruits, Vegetables and Meat

Operations and Supply Chain Management

Demand from large customers like restaurants and schools has collapsed for fruits and vegetables – produce growers are faced with destroying crops. Prices have dropped making decisions related to planting difficult. Some farmers may just wait for a demand turnaround. About a dozen U.S. meatpacking facilities have closed in the past month.

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Post Covid-19 will the omnichannel model still be relevant?

Manufacturing & Logistics IT

What can retailers learn from the lockdown and could it be the death-knell of the store, asks Tania Oakey, a retail expert at software vendor Cegid?