Mon.Jun 05, 2023

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Supply Chain Visibility: From Buzzword to Business Benefits

Talking Logistics

Editor’s Note: The following is an excerpt of a research report published recently, “Realizing the Full Business Benefits of Supply Chain Visibility.” The research, conducted by Adelante SCM and commissioned by Kaleris, highlights the main objectives companies have for achieving end-to-end supply chain visibility; the biggest dark/blind spots in the supply chain today; and the.

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The Potential (and Peril) of ChatGPT in Supply Chain Applications

Logistics Viewpoints

Manhattan Associates, a supplier of supply chain management software solutions and the market share leader for warehouse management systems (WMS), had their Momentum user conference a couple of weeks ago. Sanjeev Siotia, the chief technology officer at Manhattan, spoke about the role of ChatGPT for supply chain management in one of the keynotes on day one of the conference.

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The Overlooked Advantage in Trucking with Blake Grolmus

The Logistics of Logistics

Blake Grolmus and Joe Lynch discuss the overlooked advantage in trucking. Blake serves as the Vice President of Safety for Ruan Transportation Management Systems , a family-owned dedicated logistics provider since 1932. About Blake Grolmus Blake Grolmus serves as the Vice President of Safety for Ruan Transportation Management Systems. Blake joined Ruan in 2017, leading the company’s new customer onboarding and continuous improvement activities before taking a leadership role in Ruan’s Gases an

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Achieving the Value of Digital Twins

DELMIA Quintiq

Are Digital Twins Achievable? I have to imagine that everyone that works in an industrial setting has heard about digital twins at this point. Perhaps they’ve heard more than they care to, and would rather see more digital twins in practice. While the promise is clear, and we see a growing number of case studies proving the benefits of the approach, many companies struggle to create and maintain digital twins.

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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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Four benefits of centralized analytics within your ERP system

SYSPRO Smarter ERP

It’s common that manufacturing and distribution enterprises would use a third-party Business Intelligence (BI) solution to analyze and interpret data from their ERP system. However, in today’s fast-paced business environment, organizations are seeking innovative ways to gain a competitive advantage. One of the key strategies is leveraging embedded analytics within their ERP system to make faster data-driven decisions.

More Trending

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Facility Mapping Assessment

SupplyShift

STANDARD ASSESSMENT Facility Mapping Assessment Quickly map your supply chain, incorporate any information requests at any tier, and drive supplier responsibility progress. Chart your path to supply chain transparency Despite innovations in supply chain technology, visibility still presents major challenges for businesses looking to achieve their sustainability goals.

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ChainPoint becomes part of Source Intelligence

ChainPoint

ChainPoint is happy to announce that Source Intelligence, an industry-leading software provider of supply chain compliance and ESG management solutions, announces its acquisition of ChainPoint, a software platform for monitoring and securing supply chains.

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THESIS for Retailers

SupplyShift

STANDARD ASSESSMENT THESIS for Retailers The Sustainability Insight System (THESIS), created by The Sustainability Consortium (TSC) and powered by SupplyShift, is a science-based performance management system helping retailers transform the consumer goods industry to deliver more sustainable consumer products. Innovative tools for sustainable retail Consumer goods retailers use THESIS to understand and act on the sustainability performance ​of the wide range of products they purchase and sell.

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How Requis Drives Circularity Gap Closure

Requis

As humans continue to smash through our planet’s safe environmental limits, The Circle Economy’s 2023 Circularity Report acts as an urgent call for a change in globa l material consumption. Understanding Current Circularity Issues After years of research, report authors offer several measures that act as circular solutions for creating a more sustainable environment.

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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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Periodic Inventory System: Pros, Cons, & Alternatives

Unleashed

Businesses that deal with products need some sort of system in place for managing stock. But if you’re on a tight budget, or you only deal with a handful of SKUs, the modern perpetual inventory method may be a little heavy for your basic needs. Learn about an alternative – the periodic inventory system – as we break down how it works, who it’s best for, and some important considerations for choosing the right inventory management method.

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Faceless AI Will Not Relegate the Social Side of Business to the Past

MIT Supply Chain

Supply chain management is a people business and will remain that way even amid the rise of AI and automation. My previous blog post explains why the flexibility of human workers will play a critically important role in the automated workplace of the future. In this post, I argue that humans will be an essential part of the external work environment in an AI-driven world.

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Global Production Activity Levels Unchanged In May But Provide Added Warning Signs

Supply Chain Matters

Supply Chain Matters provides our monthly highlights commentary reflecting on May 2023 reported global and regional PMI indices. Once again, the numbers signal a state of stabilization within global supply chain networks. While global supply chain wide pressures have eased considerably, the data points to a number of warning signs that would suggest added contraction in the months to come.

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Cost savings, evolving your business, and the power of procurement

Proxima

As the supply chain crisis ends, it’s time to pivot to cost. The global supply chain crisis is over. It was a frenetic period from March 2020 when the Covid-19 pandemic hit, followed by a series of events from the Suez Canal blockage to Russia’s war on Ukraine, that scrambled supply chains and ratcheted up costs. It is now relatively safe to say this period has passed – for months now we have been seeing an increase in manufacturing and logistics capacities, as the strategies firms have de

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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 Disruption

Operations and Supply Chain Management

Dockworkers Throttle Ports; Shedding Warehouse Space; China Plus Many By Paul Page International operations at the Port of Oakland, shown in March, were effectively shut down on Friday. PHOTO: JUSTIN SULLIVAN/GETTY IMAGES A new wave of job actions is casting uncertainty over imports at U.S. West Coast ports. Dockworkers have throttled cargo operations from Southern California to Seattle in a series of walkouts and slowdowns, the WSJ Logistics Report’s Paul Berger writes, in a blunt sign of deep

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Recession Proofing Your Retail Business

BlueYonder

This blog was co-written by Wayne Snyder, VP, Retail Industry Strategy, and Nina Seth, Product Marketing Director. It’s a tough world out there. Inflation, rising interest rates, layoffs, high labor and transportation costs and much more. There is so much doom and gloom in the market. Consumer sentiment is declining along with discretionary spending.

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Supply Chain Finance

Operations and Supply Chain Management

Big U.S. Companies Took Less Time to Pay Suppliers in 2022 By Mark Maurer Good morning. Large U.S. companies took less time to pay their suppliers last year as many of them hit a ceiling on the extension of supplier payment terms amid supply-chain constraints. The companies took 57 days to make the payments in 2022, down 8% from the previous year, according to a new report from Hackett Group.

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Quality and Regulatory Alignment for Audit Readiness

Arena Solutions

Quality and Regulatory Alignment for Audit Readiness Full transcript below: Wendy Levine Welcome to today’s webinar, exploring “Quality and Regulatory Alignment for Audit Readiness.” I’m Wendy Levine here at Rimsys and I’ll be moderating the session today. Before we get started, I just have some quick housekeeping items. We will be recording today’s session and we’ll send a link to the recording as well as a copy of the slides to everyone who has registered.

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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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The Ethical AI Imperative

IT Supply Chain

By Peter Ruffley (pictured) CEO of Zizo The post The Ethical AI Imperative appeared first on IT Supply Chain.

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Three Developments in ESG That Will Impact Supply Chains 2023

Supply Chain Brain

Environmental, social and governance compliance isn’t only a moral obligation for manufacturers.

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What is a Feasibility Study and Why Is It Important to a Project?

USC Consulting Group

Starting a new project is an exciting time for our consultants because it involves deep learning. As we often say, we don’t just swoop in and offer conventional wisdom about how to streamline operations, find opportunities for greater efficiency, increase throughput, reduce costs, limit waste and everything else we do for our clients. Instead, we roll up our sleeves, dig in and get to know the business, the people from the corner office to the production line, and the scope of the job.

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Sustainability is the focus of global rail revitalization

DELMIA Quintiq

By Taherah Kuhl, Global Vice President – Business Services Industry, Dassault Systèmes Governments across the world are increasingly recognizing the importance of rail transport in achieving net zero carbon emissions by 2050. As a result, there has been a resurgence in the development and revitalization of railway systems after decades of underinvestment.

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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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Demand Planning in the Seed Industry: It’s a Lot Like Fashion

CHAINalytics

Seed industry demand planning has some unlikely similarities to that in the fashion industry. And, if you scratch beneath the surface, it turns out that it’s really true. As in the fashion world, the seed market demands constant innovation to keep pace with the competition. This need requires a constantly improved variety of products to … The post Demand Planning in the Seed Industry: <br>It’s a Lot Like Fashion appeared first on Chainalytics.

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Watch: Improving Inbound Logistics Through Supplier Visibility

Supply Chain Brain

The manufacturing floor operates in the blind in the absence of real-time data from suppliers on arrival of parts or raw materials, says Jeffrey Luft, portfolio development executive with Siemens Digital Industries Software.

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Resources OLD

DAT Solutions

Find loads and trucks fast with full access to the trusted DAT Network. Freight matching designed for shippers, brokers and carriers.

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Flurry of FMC Complaints Reveals Widespread Accusations of Ocean Carrier Profiteering

Supply Chain Brain

The period seems to mark a low point in the ongoing tit-for-tat battle between shippers and carriers over freight rates, and colors the current situation.

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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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How to Operate Your Distribution Truck Fleet at Less Cost

Logistics Bureau

If your company operates a distribution fleet, you’ll know that the costs of running trucks for customer deliveries are continually increasing. But do you know how to operate your fleet for the maximum economy? There are ways and means to reduce excess expenditure in fleet operation , and you can separate them roughly into three categories. The first category is truck expenditure , the second is driver expenditure , and the third is workload expenditure.

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Union Workers Halt Operations at Several West Coast U.S. Ports

Supply Chain Brain

The union decided to stage “concerted and disruptive work actions” after labor relations reportedly deteriorated between dockworkers and port managers during the week of June 2.

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Eggs Are Going on Sale Just Months After Prices Hit Records – The Wall Street Journal.

Operations and Supply Chain Management

I thought you would be interested in the following story from The Wall Street Journal. Eggs Are Going on Sale Just Months After Prices Hit Records Download the Wall Street Journal app here: WSJ.

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