Thu.May 23, 2024

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Supply Chain Optimization: Leveraging Integrated Scenario Planning as a Margin Multiplier

Logistics Viewpoints

Situation Companies are increasingly confronted with complex planning scenarios due to predictable events such as mergers and acquisitions, category expansions, supplier changes, and distribution evolution, as well as disruptive events including demand volatility, material shortages, capacity constraints, and logistical surprises. These challenges necessitate extensive configuration within Advanced Planning Systems (APS) test environments to assess their impacts.

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Generative AI: Force Multiplier for Autonomous Supply Chain Management

The Network Effect

The post Generative AI: Force Multiplier for Autonomous Supply Chain Management appeared first on The Network Effect.

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Innovative Synergies: Logistics Tech Lessons from Other Industries

Freightos

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. More Resources Home Innovative Synergies: Logistics Tech Lessons from Other Industries Judah Levine May 23, 2024 Though the logistics and supply chain industry has made and continues to make a lot of progress in its digital transformation, it has a reputation for being part of the late majority or even a laggard in terms of digitalization.

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Why Retail Promotions Fail: Confusing a Promo Problem with a Markdown Problem 

ToolsGroup

Imagine walking into your favorite store, eagerly anticipating a ‘big sale,’ only to find that it has turned into a ‘final markdown’ clearance. As a customer, you might score some great deals, but as a retailer, this signals a missed opportunity and a hit to the bottom line. This is the tale of many retailers who confuse a promo problem with a markdown problem, and it’s costing them more than just profits.

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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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Mastering Demand-Driven Material Planning

ModusLink Corporation

Demand planning and data analysis concept. In the dynamic landscape of supply chain management, demand-driven material planning is a crucial strategy for optimizing operations and meeting customer demands efficiently. Let’s delve into the essentials of this approach and explore how businesses can successfully implement it with the expertise of ModusLink.

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6 Cost-Cutting Strategies LogiNext’s Supply Chain Visibility Software Can Offer for Your CEP Business 

Loginext

Discover how business can optimize their CEP operations using LogiNext's supply chain visibility software. Learn six key strategies to cut costs, improve delivery efficiency, and boost customer satisfaction through real-time tracking, optimized routes, automation, and end-to-end visibility. The post 6 Cost-Cutting Strategies LogiNext’s Supply Chain Visibility Software Can Offer for Your CEP Business appeared first on loginextsolutions.com.

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Is There a Journey Beyond the Gen AI Prototype? Why Do Retail Companies Fail at Adopting Gen AI

IT Supply Chain

By Olga Romanova (pictured) Retail & Distribution Engagement Manager, DataArt The post Is There a Journey Beyond the Gen AI Prototype? Why Do Retail Companies Fail at Adopting Gen AI appeared first on IT Supply Chain.

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Target Reports Disappointing Financial Performance

Supply Chain Matters

Supply Chain Matters provides highlights and added perspectives to retailer Target’s recent report of first quarter financial and operational performance. Another Disappointing Quarter U.S. retailer Target ’s recent report of quarterly financial performance was headlined by falling same store sales and operating profitability. Revenue Levels Total revenues declined by 3.1 percent to $24.5 billion.

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What New Insights Can XPS Offer in the Study of Corrosion Resistance in Metals?

IT Supply Chain

By Mike Bronson (pictured) Content Writer The post What New Insights Can XPS Offer in the Study of Corrosion Resistance in Metals? appeared first on IT Supply Chain.

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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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Port of Baltimore to Reopen

Supply Chain Matters

A little over eight weeks since a container ship slammed into the Francis Scott Key Bridge spanning an entrance to the Port of Baltimore , the main channel is on track to open by the end of May. Three other temporary channels are now open for ship traffic to this port. As we noted in our initial Supply Chain Matters posting regarding this incident, this disaster has made U.S. and global wide headlines, not only for the significance of such a tragedy, but as a fresh reminder that events of such m

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Bridging the Gap: Transitioning from Industry 4.0 to Industry 5.0

IT Supply Chain

By John Hampton (pictured) Content Writer The post Bridging the Gap: Transitioning from Industry 4.0 to Industry 5.0 appeared first on IT Supply Chain.

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Interview with 3DPrint: DiManEx Combines, 3D Printing, AI and Analytics to Optimize Your Supply Chain

DiManEx

Dimanex combines 3D printing, AI, and analytics to optimize your supply chain. In a recent interview with 3DPrint.com, Pieter explains how our innovative approach helps companies operate more efficiently and effectively by leveraging advanced technologies. Discover how this integration of 3D printing and data analytics leads to significant improvements in manufacturing processes and inventory management.

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Analysis of the Biden Administration Tariffs

IT Supply Chain

By Jenna Slagle (pictured) Senior Data Analyst at project44 The post Analysis of the Biden Administration Tariffs appeared first on IT Supply Chain.

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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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What is Bullwhip Effect? Supply Chain Management Explained

ThroughPut

The Bullwhip Effect is a phenomenon where slight fluctuations in demand at the retail level cause progressively larger fluctuations in demand at the wholesale, distributor, and manufacturer levels. This phenomenon leads to significant inefficiencies and increased costs in business operations. Understanding and mitigating the bullwhip effect enables better supply chain management and more efficient and resilient supply chains.

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In Memoriam: C. Gordon Bell

Enterra Insights

“The history of computers goes back over 200 years,” writes history journalist Timothy Williamson. “At first theorized by mathematicians and entrepreneurs, during the 19th century mechanical calculating machines were designed and built to solve the increasingly complex number-crunching challenges. The advancement of technology enabled ever more-complex computers by the early 20th century, and computers became larger and more powerful.”[1] The computing era began in earnes

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Supply Chain Graphic of the Week on Online versus Total Retail Sales

Supply Chain Digest

OnLine Share Actually Fell for Two Years, Now on Rise

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Happening Now: A sharp spike in container shipping demand

West Coast and California Logistics

According to the JOC , the container shipping market has experienced an unexpected sharp spike in demand, which seems to be an early start to the peak season. This early rush may be driven by shippers' fears of disruptions from labor negotiations on the US East Coast, or due to rerouting services around Africa.

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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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Inventory Fitness: Governance, Targets and Segmentation

Supply Chain Brain

Without an inventory governance program, working capital will not align with your business aspirations. Attack inventory directly with Oliver Wight in this fast-paced, concise webinar on Inventory Governance.

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What are DOT Truck Weight Limits by State?

I.C.E. Transport

There is a very costly misconception regarding ocean shipping that may lead global shippers of heavy freight to pay far more than needed. Specifically, steamship lines promote the idea that container weights must be limited to 44,000 lbs or less to stay within “legal” limits. Knowing the actual DOT truck weight limits by state can easily lead to six-figure savings for large-volume shippers of heavy freight.

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Norfolk Southern Agrees to $310M Settlement for 2023 Train Derailment

Supply Chain Brain

Norfolk Southern has also paid out an additional $780 million for environmental response efforts since the derailment.

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Inside the Construction Supply Chain: Trends and Innovations

RFgen

The construction supply chain is complex. For example, there are several key players and collaborators who work in conjunction with each other both in front and behind the curtain. Since 2021, the cost of building materials has been increasing in countries all over the world. The producer price of construction materials in the United States reached a growth rate of nearly 27 percent in 2021.

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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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FAA Warns of 'Long Road' for Boeing as Deadline for Safety Plan Looms

Supply Chain Brain

The FAA flagged dozens of manufacturing issues for Boeing's 737 Max aircraft as part of an audit released in March.

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Why Integrated Business Planning is Critical in Food & Beverage

QAD

The food and beverage industry is an ever-fluctuating landscape with a constant demand for operational efficiency. The key to navigating this challenging environment is robust Integrated Business Planning (IBP). Leveraging our collective experience of over 70 years, my colleague Charlie Marge and I have been guiding businesses through the maze of Sales and Operations Planning (S&OP) and IBP.

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Product Lifecycle Management Explained: What is PLM?

Unleashed

Knowing your product lifecycle, from introduction to decline, is crucial because it guides you through the various stages of your product’s journey in the market. Understanding this cycle enables you to make informed decisions on marketing, pricing, and product development – and allows you to adapt your strategies to each phase to maximise profitability and longevity.

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Automated Execution: Driving More Certain Results in an Uncertain World

BlueYonder

For several years, Blue Yonder and Ernst & Young LLP (EY US) have supported a digital transformation of global logistics operations at Bayer Crop Science. Working together, the team has established a common platform, based on Transportation Management and Warehouse Management solutions from Blue Yonder, as well as standardized and automated processes across the company’s enormous logistics footprint.

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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.