Wed.Feb 07, 2024

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Energy Transition in Supply Chain

Logistics Viewpoints

Supply chain sustainability has become a very hot topic, but for a lot of people, there is uncertainty around its meaning. Now, more than ever, companies and countries are looking at their overall carbon footprint and trying to establish a path to be more environmentally friendly. A few ways companies can begin to offset their carbon footprint is to take a deeper look at product packaging, energy efficiency, alternative fuels, route optimization, and returns and recycling programs.

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Is Your Supply Chain Team Still Working Remotely?

Talking Logistics

Earlier this month, as reported by Katie Burke at CoStar News, UPS announced that beginning March 4 it is requiring all corporate employees to return to the office full time. Here’s an excerpt from the company memo to employees: “We acknowledge this news comes with excitement for some and mixed emotions for others. We are. Read more The post Is Your Supply Chain Team Still Working Remotely?

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Optimizing Healthcare Inventory Management With AI and RFID

Supply Chain Brain

The headlines about shortages and disruptions in healthcare supply chains aren’t going away anytime soon. The industry needs help.

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Blue Yonder Associates Share Their Favorite Chinese/Lunar New Year Traditions

BlueYonder

The Chinese New Year, also known as the Lunar New Year or Spring Festival, celebrates the beginning of the solar Chinese calendar. Celebrations last for 15 days annually, with the first day depending on the sighting of the new moon. Each year, there is an animal associated with the new year; these are called the Chinese zodiac signs and for 2024, it is a Year of the Dragon (learn more about what this means here ).

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Reducing Global Lead Times To Improve Customer Experience At Becton Dickinson

Product lead time is crucial in the life sciences industry and represents a key consideration for customers’ purchasing decisions. For this reason, BD Biosciences aimed to optimize its global supply and distribution network to reduce delivery lead time to customers and optimize its global inventory. How was BD Biosciences successful in reducing global distribution lead times between 30% and 60% in addition to: Increasing agility to prioritize urgent and ad-hoc customer requests Increasing global

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Overcoming counterfeits once and for all

IT Supply Chain

By Tom Cash (pictured) Director, Foxmere The post Overcoming counterfeits once and for all appeared first on IT Supply Chain.

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Automation in Business: Unlock Growth and Savings

Elementum

Automation & Business: Your Path to Efficiencies and a Competitive Edge Business automation uses technology to perform repetitive tasks or processes, reducing manual effort. It aims to boost efficiency and consistency in various business operations. By implementing automation, companies streamline workflows, minimize errors, and free up valuable employee time for strategic tasks.

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Fly By Jing Partners With Stord to Heat Up its Delivery Experience

Stord

Fly By Jing now leverages Stord’s nationwide fulfillment, last-mile delivery optimization, and OMS technology to deliver an exceptional experience to its customers. ATLANTA, February 7, 2024 — Fly By Jing , the first modern Chinese food brand that popularized chili crisp, announces its partnership with Stord , a leader in high-volume fulfillment services and technology for omnichannel mid-market and enterprise brands.

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Digital Process Optimization: Revolutionizing Efficiency in Business

Elementum

Digital Process Optimization: Streamlining Business for Efficiency In the race to streamline operations and elevate efficiency, Digital Process Optimization (DPO) emerges as a critical strategy for businesses looking to innovate and scale. By integrating technologies such as AI and machine learning right from the start, DPO not only solves complex operational challenges but also drives significant growth.

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Approve EU Supply Chain Law, Say Investor Groups

Supply Chain Brain

Though Germany cannot derail the legislation by itself, the measure could be in danger if it receives opposition from other major EU countries, including Italy.

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AI-Enabled Robotics Software for Manufacturing Automation: Speeding Time-to-Value

Robots are a cornerstone of a smart factory, automating a wide range of manufacturing tasks that are monotonous, physically straining, or even hazardous. However, real-world robotics deployments have not lived up to the revolutionary potential the industrial sector had originally envisioned. Robot implementations are typically confined to specific applications, carry high costs, and are time-consuming.

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BPA vs BPM: Unlocking Efficiency in Business Processes

Elementum

Business Process Automation vs Business Process Management: Comparing Strategies for Efficiency When delving into “business process automation vs business process management,” you’re not just exploring terminology; you’re seeking effective strategies to solve tangible business problems. This guide cuts through the complexity, offering a direct comparison between BPA and BPM to clarify how each can uniquely improve your operations.

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Diving Deep into the Role of FP&A Software in Business Success

IT Supply Chain

By Allen Brown (pictured) Content Writer The post Diving Deep into the Role of FP&A Software in Business Success appeared first on IT Supply Chain.

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Unlocking Efficiency with AI in Business Process Automation

Elementum

Business Process Automation AI: Revolutionizing Efficiency in the Digital Age Artificial Intelligence (AI) is dramatically transforming Business Process Automation (BPA), ushering in a new era of operational efficiency and innovation. Gone are the days of tedious, manual processes; today, AI-powered solutions are streamlining operations, enabling businesses to focus their human resources on strategic initiatives rather than routine tasks.

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What Does the Aging Demographic Mean for Medical Supply Chains?

All Things Supply Chain

Medical supply chains have endured a number of public health crises, from the HIV epidemic to viral outbreaks to substance abuse to the recent COVID-19 pandemic.

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Tail Inventory: The Silent Cost Driver You Shouldn't Ignore

Learn how centralizing slow-moving SKUs can help reduce fulfillment costs by $300M+ while boosting fulfillment efficiency.

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Operational Automation: Slash Costs and Improve Efficiencies

Elementum

Operational Automation: Streamlining Business Efficiency with Technology Operational automation is the application of technology to perform repetitive tasks and manage processes within a business. It is a cornerstone of digital transformation, providing a pathway to enhanced efficiency and accuracy in various operations. Through the strategic application of automation technologies, organizations can eliminate human error, reduce costs, and free up employees to focus on more value-adding activiti

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Amazon’s Fulfillment Network Realignment Implications

Supply Chain Matters

Supply Chain Matters highlights for readers the implications of Amazon’s ongoing global and domestic operational and last mile fulfillment network. We believe that these inventory management, customer and last-mile fulfillment strategies will have industry wide implications in terms of competitive stakes and cost-to-serve. Background In our previously published blog commentary, Amazon’s Noteworthy 2023 Financial Performance , provided our readers highlights and perspectives of Amazon ’s recent

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Supply Chain by the Numbers for February 8, 2024

Supply Chain Digest

Start Up Raises Big Money to Fight Produce Waste. Amazon Sees Strong eCommerce Growth. Yellow Freight Repays Big Loan.

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Amazon’s Blowout 2023 Financial Performance

Supply Chain Matters

Supply Chain Matters provides highlights and perspectives of Amazon’s recently reported Q4 and full year 2023 financial performance. In our prior Supply Chain Matters commentaries specifically related to the 2023 holiday fulfillment period, we cited online retail providers A mazon , Target , and Walmart as the three bellwethers to focus on regarding the actual revenues, profitability and fulfillment strategies that will shape future industry moves.

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Speeding Robotics Automation with AI

The $53 trillion manufacturing economy in the US is undergoing a major automation paradigm shift due to Artificial Intelligence (AI). Thanks to new practical frameworks, automation projects that were once impossible or inefficient to implement are now being fast-tracked, and robotics automation is becoming increasingly relevant to a growing number of users and scenarios.

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The U.S. Bought More Goods from Mexico than China in 2023

Supply Chain Brain

Mexican exports to the U.S. topped out at $475.6 billion, beating China which saw its exports to the U.S. fall by 20% year-over-year to $427.2 billion.

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Enhancing Efficiency with Workflow Automation: A Guide for Businesses

Elementum

Workflow Automation: Streamlining Business Processes for Efficiency Workflow automation is transforming the way businesses operate by allowing them to streamline a series of tasks, minimize manual intervention, and eradicate bottlenecks. This strategic integration of software applications manages the flow of tasks and information across various work operations.

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Nearshoring to Mexico in 2024: What to Consider Before You Relocate

Supply Chain Brain

Companies considering a move to Mexico should make sure that their nearshoring strategies are built from a rigorous planning process.

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Cut Carbon in 2024 by ‘Marketing’ to Suppliers

HICX Solutions

By Anthony Payne, CMO for HICX The new year is a good time to reflect on the environment and what can be done to manage climate change. The key action, reducing carbon emissions, has been adopted by major manufacturing brands, and each year their deadlines — like halving emissions by 2030 to reach net zero by 2050 — edge closer. Manufacturing brands are nevertheless making slow progress.

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.

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LG Chem, GM Sign $18.6B Battery Materials Supply Deal

Supply Chain Brain

The South Korean chemical company said that it would supply GM with at least 500,000 tons of cathode materials through 2035, enough to manufacture batteries for 5 million EVs.

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A fresh take on sustainability goals

HICX Solutions

Costas Xyloyiannis, CEO of HICX, discusses why it’s time for leaders to take a fresh view of the data problem, and plan to reduce emissions. The start of the year is a good time for business leaders to consider their progress against net zero commitments. It also nudges us nearer to carbon-cutting milestones, the nearest of which is in 2030. By this time, businesses across the globe need to have halved their carbon emissions.

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Modern Strategies for Navigating Check Fraud in Today’s World

Jaggaer

JAGGAER's latest news on procurement & sourcing. Read now: Modern Strategies for Navigating Check Fraud in Today's World.

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FAA Chief Says Boeing’s Repeat Lapses Led to Tighter Oversight

Supply Chain Brain

The agency expects to have enough data from an investigation launched after the accident to make initial recommendations as soon as late February, the FAA said February 5.

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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Why the Red Sea conflict is a wake-up call for shippers

C3 Solutions

As a supply chain specialist, you are without a doubt following along with events in the Middle East. The conflict in Gaza and Israel has spilled over into the world’s busiest shipping lanes, making travel hazardous for vessels trying to pass through the Suez Canal to transit between Asia and Europe.

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February 7, 2024 Update

Freightos

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. More Resources Home February 7, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

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Trends 2024: Risk Management

Enterra Insights

Everyone is happy when things go as planned. Unfortunately, in a world characterized by volatility, uncertainty, complexity, and ambiguity, things seldom go as planned. That’s the main reason why supply chain experts insist supply chains must become more agile and resilient. Few, if any, analysts are predicting fair winds and following seas for supply chains this year.