Thu.Mar 28, 2024

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Will 2024 be the Year of Automation and AI in the Supply Chain?

Enterra Insights

Late last year, the staff at Digitate released the results of a survey entitled “AI and Automation: Laying the Foundation for the Autonomous Enterprise.” The survey found, “90% of IT decision-makers plan to deploy more automation, including AI, in the next 12 months.”[1] The survey also found, “More than one-quarter of respondents (26%) plan to implement machine-operated tasks that require limited human input or fully transition to autonomous systems in the next five years.

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ToolsGroup and Scarpe&Scarpe to Present at eP Summit, April 9-10, Florence, Italy

ToolsGroup

Scarpe&Scarpe Reveals How ToolsGroup’s AI-Driven Solutions Transformed Business Operations, Optimizing Margins and Eliminating Overstock BOSTON – March 28, 2024 – ToolsGroup is excited to announce our participation in the upcoming eP Summit 2024, the Pitti Immagine event focused on the relationship between fashion and the digital world in Florence, Italy, on April 9-10.

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Nearshoring Is Booming in Mexico. Here Are Five Numbers to Prove It

Supply Chain Brain

Businesses in the U.S., Canada, and even South America have been bringing their supply chains closer to the consumer — that is, nearshoring — and Mexico has been the beneficiary.

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Winning artificial intelligence

Supply Chain Movement

What will be the most successful application of artificial intelligence (AI) in the supply chain? Since IT vendor OpenAI launched ChatGPT in November 2022, there has been a real hype around generative AI. According to recent research by analyst firm Gartner, half of supply chain executives expect to adopt generative AI (GenAI) this year. However, they probably do not yet have a concrete idea of how to meaningfully deploy this text- and code-generating AI application, trained by a large language

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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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Podcast | How to Save Money in Your Supply Chain

Supply Chain Brain

There has never been a greater need for reducing costs in global supply chains than right now. Here, we discuss a number of cost-cutting options available.

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Watch: Navigating Today's Supply Chain Finance Challenges

Supply Chain Brain

Fermin Caro, managing director of boutique bank ComCap, discusses how to deal with today's supply chain challenges.

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Patching Frequency for Zero-Day Vulnerabilities is Deteriorating

IT Supply Chain

By Robert Hannigan (pictured) Head of BlueVoyant International Business The post Patching Frequency for Zero-Day Vulnerabilities is Deteriorating appeared first on IT Supply Chain.

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Integrating an ERP System with Logistics Management Software for a 30% Boost in ROI

Loginext

Go in-depth and understand how integrating an ERP with a LMS helps benefit businesses boost their ROI by 30%. With its seamless integration, centralized platform, automation capabilities, and real-time visibility, LogiNext exemplifies the pinnacle of supply chain efficiency. The post Integrating an ERP System with Logistics Management Software for a 30% Boost in ROI appeared first on loginextsolutions.com.

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How to Choose the Right Automotive Supplier for Your Needs

IT Supply Chain

By Mike Bronson (pictured) Content Writer The post How to Choose the Right Automotive Supplier for Your Needs appeared first on IT Supply Chain.

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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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Make the Promise, Keep the Promise: How an Integrated Supply Chain Fosters Greater Trust

BlueYonder

In the retail industry, on-time in-full (OTIF) isn’t just a target — it’s the value system at the heart of retail that keeps the industry alive. When orders are delivered on time and in full, the fulfilled promise doesn’t just build trust with the customer; it also builds trust between the links in the supply chain. Trust that the demand planners will have their promises fulfilled so that assortment planners will have their promises fulfilled so that inventory will have their promises fulfilled,

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Your Guide to Slip and Fall Injury Law

IT Supply Chain

By John Hampton (pictured) Content Writer The post Your Guide to Slip and Fall Injury Law appeared first on IT Supply Chain.

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AI in the Food Industry: Case Studies, Challenges & Future Trends

ThroughPut

Integrating Artificial Intelligence (AI) within different segments of the Food Industry, including transportation and logistics, production planning, quality control, and others has kicked off revolutionary transformations. Whether it is optimizing supply chains to reduce waste or adopting smart agriculture practices to improve yield, AI impacts efficiency, personalization and sustainability.

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Entrepreneurial Insights: How to Navigate Business Debt for Success

IT Supply Chain

By Richard Pearson (pictured) Content Writer The post Entrepreneurial Insights: How to Navigate Business Debt for Success appeared first on IT Supply Chain.

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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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Navigating the Supply Chain Impact of the Francis Scott Key Bridge Collapse 

Freight Plus

With the intricate nature of global commerce, bridges often serve as unsung heroes, quietly facilitating the movement of goods essential to economies worldwide. However, when one of these crucial links falters, the repercussions ripple far beyond the span of concrete and steel. Such is the case with the recent tragic collapse of the Francis Scott […] The post Navigating the Supply Chain Impact of the Francis Scott Key Bridge Collapse appeared first on FreightPlus.

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Supply Chain Matters News Capsule Update- March 28 2024

Supply Chain Matters

The Supply Chain Matters blog provides an updated news capsule follow-up relative to supply chain management and industry developments that we have shared previously on this blog. Included in this update are updates involving Fisker , Lucid Group , Volkswagen and BYD. Fisker Obtains Conditional Added Financing Earlier this month we highlighted that electric vehicle company Fisker had issued a going concern warning amid continued production and supply chain challenges.

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In-Bond Shipment Process: A Comprehensive Guide for Ecommerce Businesses

ShipBob

Ecommerce businesses that import products internationally are typically concerned with two things: The speed at which the products will arrive at their warehouse The impact on their cash flow The journey of a large shipment from China to the US doesn’t simply leave a warehouse and arrive at your business’s doorstep. Before reaching you, it must navigate through US Customs and Border Protection (CBP).

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Data-driven decision making in manufacturing

SYSPRO Smarter ERP

Data-driven decision making is the process of collecting the data that a company uses, and transforming it into actionable insights. It is a modern business strategy that lets company staff make decisions based on facts instead of biases. Using data to find patterns, inferences, and insights ensures that your company goals and plans are based on evidence and that decisions made are balanced and objective.

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More Than 40 New Manufacturers Join Configura’s Platform in 2023

More than 40 manufacturers across the commercial interior, material handling, and kitchen and bath industries expand offers via Configura’s CET platform in 2023.

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Walmart TMS and Commercializing Supply Chain Innovation

Supply Chain Digest

Walmart Offers its TMS to the Overall Market.

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Lloyd’s of London Says Baltimore Bridge Collapse Could Lead to Record Insurance Loss

Supply Chain Brain

Barclays said claims for damage to the bridge alone could reach $1.2 billion, along with hundreds of millions of dollars for business disruption caused by the port’s closure.

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Customer Loyalty in the Age of the ‘Zero Consumer’

Saleswarp

Customer loyalty is a nuanced concept. McKinsey and Company coined the term “zero consumers” to describe a new type of shopper – one with little patience, zero brand loyalty, and a strong preference for convenience. SAP Emarsys’ 2023 Customer Loyalty Index survey shed light on the evolving landscape of customer loyalty. The survey, encompassing more than 10,000 consumers globally, reveals a decline in brand loyalty from 79% to 68%.

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PFAS Risks in 2024: Common Compliance Pitfalls for Manufacturers

Supply Chain Brain

The urgency around per- and polyfluoroalkyl substances (PFAS) is growing, and it has never been more critical for manufacturers to be proactive about reducing and eliminating them from production.

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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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Essential Negotiation Skills for Procurement Professionals

ProcurePort

Negotiation is at the heart of procurement. Whether you’re securing the best prices, managing supplier contracts, or resolving disputes, the ability to negotiate effectively is crucial for procurement professionals. In business today, being good at negotiation is more than just getting a good deal. It’s also about creating lasting relationships, reducing risks, and creating value […] The post Essential Negotiation Skills for Procurement Professionals appeared first on ProcurePo

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Baltimore Bridge’s $2 Billion Rebuild Starts With Clearing Ship

Supply Chain Brain

A salvage firm that helped contain the Deepwater Horizon oil spill and safely demolished part of New York’s Tappan Zee Bridge with explosives is heading to Baltimore.

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Customer Loyalty in the Age of the ‘Zero Consumer’

Saleswarp

Customer loyalty is a nuanced concept. McKinsey and Company coined the term “zero consumers” to describe a new type of shopper – one with little patience, zero brand loyalty, and a strong preference for convenience. SAP Emarsys’ 2023 Customer Loyalty Index survey shed light on the evolving landscape of customer loyalty. The survey, encompassing more than 10,000 consumers globally, reveals a decline in brand loyalty from 79% to 68%.

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Home Depot Buys Roofing Company for $18B in Push for Pro Customers

Supply Chain Brain

SRS Distribution has 760 locations along with 4,000 trucks that transport materials to job sites, and reported $10 billion in revenue in 2023.

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What is Mesh Networking Trends Report

This report details the capabilities of mesh networks, how they work, and the applications they thrive in supporting. Connectivity is necessary for optimal productivity, and mesh networking will soon be a significant provider of connectivity globally.

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UFLPA: Non-Compliance is Not an Option

QAD

News broke this February that customs officials in the United States had confiscated thousands of cars made by Volkswagen. The VW brands impacted included Porsche, Bentley and Audi. Authorities claimed that the cars included parts made with forced labor in China’s Xinjiang region. VW is certainly not the first major automaker to fall afoul of the Uyghur Forced Labor Prevention Act (UFLPA).

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Battle over EVs in China Intensifies as Xiaomi Announces Sedan to Challenge Tesla Model 3

Supply Chain Brain

The smartphone company will look to challenge Tesla's status as one of China's most popular EV manufacturers.

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China to Lift Costly Three-Year-Old Tariffs on Australian Wine

Supply Chain Brain

Prior to the tariffs, China was Australia's biggest wine importer, amounting to 1.1 billion Australian dollars ($710 million) a year in 2019.

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