Mon.Jan 09, 2023

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Network Visibility and Supply Chain Planning Work Better Together

Logistics Viewpoints

Infor is one example of a supplier that offers both advanced visibility and supply chain planning. There is a vintage television commercial for Reese’s Peanut Butter cups. One character says to another, you got chocolate in my peanut butter.” The other responds, “no, you got peanut butter on my chocolate.” The two then conclude that peanut butter and chocolate are better together.

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Southwest Airlines Puts Spotlight on Another Supply Chain Weak Link

Talking Logistics

By now, you’ve probably read all about Southwest Airlines’ operations meltdown during the holidays. While bad weather played a part, so did another factor that is getting a lot of attention now: technical debt. In a New York Times opinion piece, Zeynep Tufekci, a professor at Columbia University, describes the problem as follows: This problem. Read more.

New York 221
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Understanding Distributed Order Management with Dan Gilmore

The Logistics of Logistics

Dan Gilmore and Joe Lynch discuss distributed order management (DOM). Dan is the Chief Marketing Officer at Softeon , a global provider of innovative supply chain solutions that delivers supply chain success – every time. About Dan Gilmore. Dan Gilmore is a recognized thought leader in WMS, with experience prior to his role at Softeon as the founder of Supply Chain Digest, CMO at RedPrairie (now BlueYonder) and as lead WMS analyst at META Group (later acquired by Gartner).

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Trends 2023: Retail

Enterra Insights

For generations, consumers have been the axle around which the American economy revolves. During the holiday season, consumers surprised many experts with their generous spending — even though they were confronting inflationary pressures. The question is: How are consumers going to behave going forward? In large measure, consumers will determine whether America avoids a deep recession.

Trends 130
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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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Global economy set to enter recession in 2023

IT Supply Chain

By Rashi Singh (pictured). Associate Vice President, The Smart Cube. The post Global economy set to enter recession in 2023 appeared first on IT Supply Chain.

Global 102

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Strategic partnership with process.science

Demand Driven Technologies

The Atlanta-based planning solution provider Demand Driven Technologies and the process mining specialist process.science are entering into a strategic partnership. About Demand Driven Technologies As supply chains grow more complex—and customers expect ever-faster turnaround times—demand is growing for planning process simplification and real-time visibility into material availability.

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9 Steps to Follow When Preparing for Supply Chain Project Management

Logistics Bureau

Here at Logistics Bureau, project management is second nature, because projects are our day-to-day. And because we are supply chain specialists, well, supply chain projects are our bread and butter. . But in your business, projects are less frequent and must be managed alongside the day-to-day without depriving you of your bread and butter. . Still, if you’re not a project management specialist, don’t worry.

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2023 Predictions – automation, right sizing cloud requirements, zero trust & the growing importance of AI observability

IT Supply Chain

By Mark Cooke (pictured). COO at Xalient. The post 2023 Predictions – automation, right sizing cloud requirements, zero trust & the growing importance of AI observability appeared first on IT Supply Chain.

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China COVID crisis: Groundhog Day for SC managers

Resilinc

After managing a seemingly endless series of crises arising from the pandemic, supply chain managers face a fresh cycle of chaos from a COVID surge in the world’s largest manufacturing economy. And it’s likely to get worse before it gets better. According to a Resilinc special report , due to the abrupt end to the country’s tight COVID-19 restrictions, as much as 60% of China’s population could become infected in the first quarter—that’s over 800 million people.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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4 Steps to Redesign Your Warehouse Space in 2023

RFgen

If your company is still in the market for a new year’s resolution, it might be time to reorganize your warehouse space to save money and increase efficiency. New, digital automation warehouse inventory tech makes it easier to gain oversight and make plans based on informed decisions from inventory visibility and real-time data. As your company designs its inventory storage space, your inventory team should use mobile barcoding data collection solutions to try new ideas and find the best possibl

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New Year, New Horizons: Transportation Industry Gets Ready to Take On 2023

Intelligent Audit

As the transportation industry waves goodbye (and good riddance) to 2022, innovative logistics professionals are already working hard to make 2023 a banner year for the global transportation industry. Yet even with their efforts, 2023 is bringing the heat in its earliest months: hardline Teamster leadership is entering the new year ready to strike, and general rate increases (GRIs) and stubborn inflation have shippers shaking in their boots.

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RLA Inaugural Startup Pitch Contest

Cathy Roberson

Retail return rates for 2022 appear to be leveling off, according to data from the National Retail Association and research partner, Appriss. NRF and Appriss estimate $816.7 billion in retail returns will be made in 2022 - 16.5% of total retail sales, the same rate as in 2021. An interesting finding in the NRF and Appriss survey is that Buy online, return in-store (BORIS) return fraud is expected to be 48% higher than fraud in returns to non-store locations, which is “potentially spotlight

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Unlock the Power of Data Sharing in Supply Chain Management: Don't Get Stuck Under the Bed!

Global Trade Management

If you're managing a supply chain, chances are good that you've felt the frustrating feeling of being stuck under the bed in recent weeks. With data spreading everywhere and shifting so quickly within your complex network of suppliers, distributors, and customers - it can feel like no matter what decisions or actions you take to overcome these constraints; they keep coming back!

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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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Samsung Electronics Warning on Q4 Profitability Portends High Tech Supply Network Challenges in 2023

Supply Chain Matters

Supply Chain Matters highlights high tech and consumer electronics bellwether Samsung Electronics and its warning that Q4-2022 quarterly profitability and revenues would fall short of revised estimates. As businesses either warn or report their financial performance for the final quarter of 2022, Supply Chain Matters highlights select bellwether firms that can be considered a relatively good indicator of ongoing industry supply chain challenges.

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8 Essential Instructional Design Skills that Recruiters Should Look Out For

IT Supply Chain

By Alice Johnson. Full-Time Professional Blogger. The post 8 Essential Instructional Design Skills that Recruiters Should Look Out For appeared first on IT Supply Chain.

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Why Is Supply Chain Visibility Important?

MPO Multi Party Orchestration

Over the past few years, the topic of supply chains has taken on greater urgency. But even before the pandemic, businesses have struggled to keep pace with rising customer demand, providing on-time, in-full (OTIF) deliveries faster and at lower costs, even in the B2B space. As consumers expect more for less , businesses have been challenged with offering faster shipping options, broader product inventories, and lower prices.

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Supply Chain News on US Purchasing Managers Index for December Signals Deeper Manufacturing Contraction

Supply Chain Digest

Index Falls below Key 50 Mark for Second Month in a Row

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GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. Whether from geopolitical tensions or the havoc caused by the pandemic and its aftershocks, plenty of challenges remain. Despite this, leaders are seeing a glimmer of light at the end of the tunnel — inflation is decreasing, interest rates are leveling off and supply chain volatility is easing.

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8 Types of Instructional Designers That Recruiters Should Understand Before Hiring

IT Supply Chain

By Alice Johnson. Full-Time Professional Blogger. The post 8 Types of Instructional Designers That Recruiters Should Understand Before Hiring appeared first on IT Supply Chain.

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Supply Chain News on New Report from Capgemini Predicts Majority of Supplier bases to be Local in Three Years

Supply Chain Digest

25 Percent of Current Global Trade will Flip to Local, Report Predicts

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Using an ERP system to provide data for decision-making in manufacturing

SYSPRO Smarter ERP

Manufacturers increasingly turning to data and analytics, from an ERP system, to support business initiatives. Data is after all the fuel that runs the Fourth Industrial Revolution. It is needed to provide more accurate awareness and visibility over operations, and by using data and analytics effectively an organization can become more responsive. The delivery system that collects and stores data for decision-making must ensure that information is timely and accurate and makes information access

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5 Steps to Take Inventory Optimization to the Next Level

John Galt

In the face of growing uncertainty, inventory optimization is more essential than ever. Find out how to optimize inventory and reach more mature levels of inventory management to handle increased complexity.

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Hybrid Automation – Bridging the Gap Between Humans and Automation in the Modern Warehouse

This report explores the transformative impact of automation, the evolving role of human workers on-site, and the critical imperative of achieving optimal warehouse efficiency in the digital age.

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Process Mining: Learning To See in the Digital Age

Demand Driven Technologies

Two of the reference books for Lean practitioners are Learning To See and, somewhat less well known, Seeing the Whole Value Stream. These books have been used by generations of practitioners to structure their Value Stream Mapping (VSM) processes, and remain highly recommended reading! This literature has highlighted several important points: The practice of establishing.

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How to Navigate the Complexities of Retail Fulfillment

Supply Chain Brain

There’s an abundant amount of new technology hitting the market to help automate fulfillment, keep shelves stocked and improve the bottom line.

How To 92
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Top API management vendors and key criteria for selecting one

Axway

Selecting the best API management tools is critical to supporting your digital initiatives, platforms, and transformation. But what correlates to success?

Tools 52
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Watch: Parcel Forum '22: Celebrating 20 Years

Supply Chain Brain

Any company involved in parcel shipping and delivery needs to be at the 2023 edition of Parcel Forum in Nashville, says Joel Dunkel, president of EventEvolution Management, which produces the trade show.

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GEP Spend Category Outlook 2024

Your Roadmap to Smarter Spend Management in 2024 Geopolitical, economic and supply chain challenges will stick around in 2024, but don’t despair. There are strategic opportunities to leverage AI-powered technology and digital toolsets to overcome these hurdles more effectively. GEP experts in nearly two dozen critical categories guide you in the right direction in our annual comprehensive resource — GEP Spend Category Outlook 2024.

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How To Fix Mean Absolute Error, Part 2

BlueYonder

Part 2: How the Ranked Probability Score reconciles statisticians with practitioners. In part 1 , we challenged the usual way to evaluate Mean Absolute Error by just taking the difference between the predicted mean and the observed outcome. We found that it is necessary to use the correct point estimator, the median, to summarize the distribution by a single number, in line with the operational interpretation of Absolute Error.

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CVS Says 2022 Revenue Beat Guidance in Preliminary Results

Supply Chain Brain

CVS’s drugstore chain is coping with headwinds that include diminished concerns about the pandemic, which has translated into fewer visits for COVID-19 tests and vaccinations.

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How to Create a Great Listing on Amazon + Amazon Seller Listing Dos and Don’ts

ShipBob

Home to nearly 40% of US online sales, Amazon has long been recognized as the undisputed king of ecommerce. And, given the sheer magnitude of its inventory and the number of shoppers searching through it, the online retailer also reigns supreme as a search engine, second only to Google. . With 66% of consumers starting their product searches on Amazon, brands stand a pretty good chance of generating revenue on the platform.