Fri.Jun 02, 2023

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4 Steps to Skyrocket Your Demand Forecasting Accuracy

Logility

In the intricate world of supply chain management, the accuracy of demand forecasting often serves as the cornerstone of business growth. The very foundation of operational efficiency, customer satisfaction, and overall profitability hinges upon the ability to predict demand with precision. Yet, despite its significance, demand forecasting continues to be a thorny issue for many businesses, particularly manufacturers.

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Above the Fold: Supply Chain Logistics News (June 2, 2023)

Talking Logistics

It’s going to be 90 degrees fahrenheit today. Why would I choose to cycle 60 miles (almost 4 hours) in this heat? Because my daughter doesn’t have a choice when it comes to dealing with the daily challenges of living with type 1 diabetes (T1D). It’s been more than 11 years since she was diagnosed. Read more The post Above the Fold: Supply Chain Logistics News (June 2, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

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This Week in Logistics News (May 27 – June 2)

Logistics Viewpoints

Ever since I was a kid, cartoons showed me that dogs like to bite the mail carrier. I always assumed this was just a joke. And for the most part, it is just that – an ongoing joke. But, more than 5,300 Postal Service employees were attacked by dogs while delivering mail last year. Aggressive dog behavior is a common safety concern USPS employees face.

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AI in fulfilment

Supply Chain Movement

According to economists at banking giant Goldman Sachs, ChatGPT and other artificial intelligence (AI) chatbots will put 300 million jobs at risk worldwide. 18% of all full-time jobs could end up being automated – and in particular the administrative tasks of white-collar professionals. Blue-collar workers in hands-on roles at distribution centres and elsewhere are less at risk of losing their jobs due to automation.

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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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Aptean Acquires TOTALogistix

Supply Chain Brain

TOTALogistix will give Aptean access to its transportation management systems solutions, allowing the company to expand its supply chain offerings.

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Supply Chain Weekly Wrap-Up 05/26/2023-06/01/2023

All Things Supply Chain

The US and Taiwan announce new Trade deal The US and Taiwan signed a trade deal under the US-Taiwan Initiative on 21st Century Trade, marking the first agreement under this…

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How To Boost My Online Directory Business: 6 Tips

IT Supply Chain

By Richard Pearson (pictured) Content Writer The post How To Boost My Online Directory Business: 6 Tips appeared first on IT Supply Chain.

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Unwrapping the EU Packaging and Packaging Waste Directive: Embracing Sustainable Packaging in a Circular Economy

SupplyShift

World Environment Day this year, under the theme “ Beat Plastic Pollution ,” emphasizes the urgent need for businesses to critically examine their environmental footprint. With a particular focus on plastic pollution and packaging waste , this call to action is not just ethically driven, but also mandated by legislative acts like the EU Packaging and Packaging Waste Directive (PPWD), which will become an EU-wide binding rule known as the Packaging and Packaging Waste Regulation (PPW

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The tech sector needs to stand up & take action to protect the Earth

IT Supply Chain

By Dominic Nolan (pictured) Associate Director, Corporate Social Responsibility, UK & Ireland, Kyndryl The post The tech sector needs to stand up & take action to protect the Earth appeared first on IT Supply Chain.

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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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Warehouse Wins: Leveraging Software to Transform Inventory Challenges into Inventory Triumphs

RFgen

A New Perspective on Inventory Management Inventory management can feel like a constant game of cat and mouse—chasing after ever-changing demand while trying to balance stock levels. Meanwhile, you must squeeze every last drop of productivity out of understaffed teams to stay on budget. Sound familiar? As revealed in the RFgen Digital Inventory Report , a major challenge in inventory management is having too many challenges.

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Workforce Reduction at Coupa Software

Supply Chain Matters

In this special edition of Supply Chain Matters This Week in Supply Chain Tech , we highlight for readers a workforce reduction underway at procurement technology provider Coupa Software. This follows a previously published commentary this week highlighting another noteworthy headcount reduction announced by logistics visibility tech provider project44.

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Inbound vs. Outbound Logistics: Understanding the Key Differences and Optimizing the Last Mile

Locus

In the vast, interconnected world of supply chain management, two terms often come into focus—inbound and outbound logistics. Both are crucial elements of a well-functioning supply chain, yet they serve different purposes and face unique challenges. In this post, we deep dive into the world of inbound and outbound logistics, dissecting their key differences, their significance in the broader spectrum of supply chain operations, and their critical role in the last mile of delivery.

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15 Essentials to Drive FMCG Distribution & Execution

Enchange Supply Chain Consultancy

How Do We Increase FMCG Sales? We have developed a methodology over the last 30 years, which gives a step-by-step approach to ensuring that each element of the front-end distribution strategy is laser-focused on delivering excellence in FMCG RtM execution.

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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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Outsourced Sales and Marketing with Ryan Mann

The Logistics of Logistics

Joe Lynch and Ryan Mann discuss outsourced sales and marketing, which is one of many services provided by Lean Solutions Group. Ryan is the Director of Marketing at Lean Solutions Group which offers a nearshore/offshore model to establish remote satellite offices in Latin America and the Philippines, allowing businesses to build mission-critical teams in just 3-5 weeks to meet customer expectations and accomplish more.

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A Founder’s Guide To Funding

Enterra Insights

Five decisions early on that can impact equity and growth long term. According to a recent report by CB Insights, the global venture ecosystem slowed down in Q2 2022; funding decreased by 23%, marking the second-largest quarterly drop in funding in a decade. Securing capital is always a challenge and in an economic slowdown, it can be even more challenging.

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The Case for Real-Time Perpetual Inventory Signals in Manufacturing

ToolsGroup

Once upon a time, the world of manufacturing was a relatively stable place. But then, supply chain disruption became the rule instead of the exception, consumers changed their tastes as often as their socks, and global competition started playing hardball. Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy.

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Slowdown in Retail Spending Reflected in Macy’s Revised Forecast

Supply Chain Brain

Demand for apparel and accessories is declining, and Macy’s cut back its full-year outlook on sales and profits June 1.

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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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7 Components of an LTL Freight Quote

Freight Plus

When is the last time you received an LTL freight quote and wondered, “Where did that number come from?” Less-than-truckload (LTL) shipping can save companies a fortune in freight spend, but first you need to understand what components determine the cost. If you’re used to full truckload shipments you’re likely thinking in prices based on […] The post 7 Components of an LTL Freight Quote appeared first on FreightPlus.

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Made4net Acquired by Ingka Group

Supply Chain Brain

Made4net will continue to operate as an independent subsidiary of Ingka while CEO Duff Davidson will remain on the company's leadership team.

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Your Ultimate Transportation Management Software Guide

Loginext

Your ultimate guide to transportation management software that deals with the importance and benefits of cloud-based TMS, utilizing transportation dispatch software and the difference between TMS and ERP. The post Your Ultimate Transportation Management Software Guide appeared first on loginextsolutions.com.

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Center for Post Carbon Logistics Appoints Sustainable Logistics Fellow for Sail Freight

Supply Chain Brain

Vogel's mission is expanding and strengthening the logistical backbone of a sustainable sail freight network of distribution, storage, transport, and fulfillment services.

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Monetizing Analytics Features

Think your customers will pay more for data visualizations in your application? Five years ago, they may have. But today, dashboards and visualizations have become table stakes. Turning analytics into a source of revenue means integrating advanced features in unique, hard-to-steal ways. Download this white paper to discover which features will differentiate your application and maximize the ROI of your analytics.

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Float homeâ?¢ aids partners in Canada Purge anxiety and Reconnect with them in Sensory Deprivation Tanks

Veridian Solutions

The small variation: In 2013, brothers Mike and Andy Zaremba forecasted a growth in popularity of physical starvation float tanks. So they really decided to open up Float House, a location designed to help other people utilize the training to relax and meditate. The tanks tend to be dark, peaceful, and full of 1,000 lbs of sodium to manufacture floatation effortless, and users can leave their unique issues behind and reconnect with themselves.

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White Label World Expo Showcasing in NYC this August

Supply Chain Brain

White Label World Expo is the leading event for professional online sellers to meet cutting edge white label goods suppliers.

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Top Cybersecurity M&A Deals For 2023

Exiger Perspectives

Exiger provides thought leadership and expert perspectives on the compliance, risk, and governance industry through our blogs, articles & white papers.

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The Uyghur Forced Labor Prevention Act and Its Impact on Supply Chains

Exiger Perspectives

What is the Uyghur Forced Labor Prevention Act? The Uyghur Forced Labor Prevention Act (UFLPA) took effect in the United States on June 21, 2022 to prohibit importation of goods into the United States that were produced by forced labor in the Xinjiang Uyghur Autonomous Region (XUAR) of China. In Xinjiang, human rights organizations allege that over one million Uyghurs and other Muslim minority groups have been subjected to forced labor and genocide.

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What is Mesh Networking Trends Report

This report details the capabilities of mesh networks, how they work, and the applications they thrive in supporting. Connectivity is necessary for optimal productivity, and mesh networking will soon be a significant provider of connectivity globally.