Thu.May 23, 2024

article thumbnail

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.

article thumbnail

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.

Modeling 231
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

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.

article thumbnail

Provide Real Value in Your Applications with Data and Analytics

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

article thumbnail

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.

More Trending

article thumbnail

Robot onboarding

Supply Chain Movement

What is holding companies back from deploying more robots in the warehouse? The ongoing labour shortage in the Netherlands and surrounding countries is forcing companies to look at solutions for staffing warehouses and distribution centres. Attracting warehouse workers from Eastern Europe is one solution, but is increasingly encountering problems as decent and affordable housing becomes scarcer due to the current acute housing shortage.

Boston 78
article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

Retail 59
article thumbnail

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.

Report 52
article thumbnail

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.

Study 59
article thumbnail

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

article thumbnail

Deliver Mission Critical Insights in Real Time with Data & Analytics

In the fast-moving manufacturing sector, delivering mission-critical data insights to empower your end users or customers can be a challenge. Traditional BI tools can be cumbersome and difficult to integrate - but it doesn't have to be this way. Logi Symphony offers a powerful and user-friendly solution, allowing you to seamlessly embed self-service analytics, generative AI, data visualization, and pixel-perfect reporting directly into your applications.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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

article thumbnail

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.

article thumbnail

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

article thumbnail

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

Retail 32
article thumbnail

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.

Shipping 103
article thumbnail

Using Data & Analytics for Improving Healthcare Innovation and Outcomes

In the rapidly evolving healthcare industry, delivering data insights to end users or customers can be a significant challenge for product managers, product owners, and application team developers. The complexity of healthcare data, the need for real-time analytics, and the demand for user-friendly interfaces can often seem overwhelming. But with Logi Symphony, these challenges become opportunities.

article thumbnail

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.

article thumbnail

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.

Freight 59
article thumbnail

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.

article thumbnail

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.

article thumbnail

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