Fri.Nov 17, 2023

article thumbnail

Eight Practices for Implementing Traceability in Apparel Supply Chains

Pivot88

Each quarter, our parent company TradeBeyond publishes its comprehensive Retail Sourcing Report , which is filled with timely research, facts, and analysis to help brands and retailers make the most informed sourcing decisions. In addition to critical updates on economic indicators and commodity prices, the new Q4 2023 Retail Sourcing Report also features an extensive breakout section on traceability.

article thumbnail

Intermittent Demand: Using Stochastic Replenishment Planning

Logility

Conquer Intermittent Demand with Stochastic Replenishment Planning Industrial durables companies face the perpetual challenge of managing items with intermittent demand patterns. These items often exhibit sporadic and unpredictable fluctuations in demand, making traditional inventory management methods less effective. To tackle this issue, many industrial durable companies are turning to probabilistic replenishment planning, a data-driven approach that offers practical solutions to the unique ch

Modeling 222
Insiders

Sign Up for our Newsletter

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

article thumbnail

This Week in Logistics News (November 11 – 17)

Logistics Viewpoints

“Stand your butt up!” These aren’t the words we are used to hearing at a Senate hearing, but that’s exactly what we heard earlier this week. Oklahoma Sen. Markwayne Mullin (R), who happens to be a former mixed martial arts fighter, nearly came to blows with the president of the Teamsters at a Senate hearing Tuesday, forcing Chair Bernie Sanders (I-Vt.) to step in to stop a brawl from breaking out in the Senate Health, Education, Labor and Pensions Committee room.

article thumbnail

Building a Resilient Port Strategy with Brian Kempisty & Lauren Beagen

The Logistics of Logistics

Brian Kempisty , Lauren Beagen and Joe Lynch discuss building a resilient port strategy. Brian is the Founder of Port X Logistics , a transportation company that specializes in expediting containerized cargo throughout the U.S. and Canada. Lauren is a lawyer and the Founder of Squall Strategies , a boutique maritime consulting and legal solutions company.

article thumbnail

Strategic Cost Management Approaches to Unlock Growth and Increase Profitability

How can businesses gain a competitive edge in an era marked by relentless competition and economic fluctuations? The secret is mastering strategic cost management strategies. This GEP bulletin, "Strategic Cost Management Approaches to Unlock Growth and Increase Profitability," breaks this down into clear, actionable steps. Discover how these strategies can boost your enterprise's financial health, helping not only to keep up but to excel in today's market.

article thumbnail

Above the Fold: Supply Chain Logistics News (November 17, 2023)

Talking Logistics

I’ve gotten a late start to leaf raking this year. I took advantage of the unseasonably warm weather yesterday to begin the process, starting with my front lawn. I spent two hours raking and bagging leaves, but looking out the living room window this morning, you wouldn’t know it. The lawn is once again covered. Read more The post Above the Fold: Supply Chain Logistics News (November 17, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

More Trending

article thumbnail

Fueling Success: Career in Supply Chain Guide

SCMDOJO

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Whether you’re a recent graduate or contemplating a career change, uncover key insights for establishing the groundwork of a thriving career in the dynamic world of supply chain. It’s a fast-paced, evolving industry that has a lot of challenges, but also plenty of rewards, including a potentially lucrative income.

article thumbnail

Samsung data breach

IT Supply Chain

By Brian Martin (pictured) Head of Product Development, Innovation & Strategy at Integrity360 The post Samsung data breach appeared first on IT Supply Chain.

article thumbnail

Fulfill Your Workforce Potential

BlueYonder

This blog was written by Dave Hamilton with contributions from Kim Hill , Bill Bozeman , Josh Buck , and Steve Kish Managing labor today is difficult. Companies are asked to balance the needs of customers, high operational costs, and diverse employee preferences in a labor market restrained by labor shortages, high turnover, wage pressure, safety and compliance regulations, and seasonal peaks.

article thumbnail

Two things that jump out from the Samsung data breach

IT Supply Chain

By Brian Martin (pictured) Head of Product Development, Innovation & Strategy, Integrity360 The post Two things that jump out from the Samsung data breach appeared first on IT Supply Chain.

article thumbnail

The Art of Consistent Perfect Order Delivery: Smart Order Fulfillment Through Orchestration

Shippers and logistics service providers are pressured to match the “Amazon effect” for fast and efficient service across multiple B2C, B2B, and D2C channels. Perfect order delivery - on-time and in-full at the lowest possible cost – is critical. However, recent surveys of supply chain stakeholders reveal that many don't have the technology necessary to achieve it.

article thumbnail

U.S. Signs Nuclear Cooperation Pact with the Philippines

Supply Chain Brain

The agreement was signed by the Philippines’ energy secretary and U.S. Secretary of State Antony Blinken November 16 in San Francisco, California.

article thumbnail

What are the Pillars of Sustainable Procurement?

ProcurePort

Sustainable procurement is gaining popularity as people prioritize environmental concerns, social responsibility, and ethical practices in today’s global discussions. Companies are recognizing the significance of using procurement practices that align with present business requirements. These practices also contribute to building a sustainable and resilient future.

article thumbnail

Stellantis Workers Vote to Ratify New Labor Deal

Supply Chain Brain

The approval locks in the UAW’s deal with Stellantis through April 2028 and includes a 25% wage hike over the life of the contract.

85
article thumbnail

Understanding Purchase Orders: A Deep Dive into the Procurement Process

ProcurePort

In global commerce, the Purchase Order (PO) is a crucial document that facilitates the exchange of goods and services. This document is crucial for a smooth purchasing process. It ensures that businesses receive what they need on time. In this exploration, we will examine the concept of a purchase order. We will understand the different […] The post Understanding Purchase Orders: A Deep Dive into the Procurement Process appeared first on ProcurePort Blog.

article thumbnail

Five Best Practices for Balancing Costs, Risks, and Sustainability

In the face of volatile macroeconomic conditions and other complex challenges, supply chain and procurement pros must strike a tough balance between seemingly contradictory demands: boosting performance and sustaining and extending business operations, all while meeting customers’ needs. This GEP paper provides impactful tips on how to develop a strategic procurement approach that focuses on collaboration, innovation, and sustainability.

article thumbnail

Lucas Systems awarded Top Honors for its Innovative Technology

Lucas

Wexford, PA – November 16, 2023 — Tonight, distribution center technology provider, Lucas Systems, was named the winner of the Innovative Tech category by the Pittsburgh Technology Council at its annual Tech 50 Awards event. Lucas Systems helps companies transform their distribution center by dramatically increasing worker productivity, operational agility, and customer and worker [.

article thumbnail

Lucas Systems, CMU to tackle sustainable logistics

Lucas

Tech provider’s data scientists to work with Carnegie Mellon University graduate students on ways to reduce waste by optimizing multi-item packaging in DCs.