Wed.Jun 26, 2024

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Boosting Supply Chain Efficiency with Human Economics

Logility

As a supply chain leader, you may tend to prioritize efficiency. From improving the quality of technology within your organization to building richer, more reliable supply chain relationships, you must look for every opportunity to streamline operations. But there’s one element of the supply chain that’s often neglected in the pursuit of efficiency: human economics.

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Watch: Can AI Help To De-Risk the Supply Chain?

Supply Chain Brain

Among the many benefits that artificial intelligence can bring to industry is to reduce risk in every link of the supply chain, says Jim Hayden, chief data scientist at Everstream Analytics.

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Get Ready, Pharma: Drug Supply Chain Security Act (DSCSA) Enforcement Is At Hand

IT Supply Chain

By Shyam Krishna, (pictured) Vice President of Healthcare Solutions, Softeon The post Get Ready, Pharma: Drug Supply Chain Security Act (DSCSA) Enforcement Is At Hand appeared first on IT Supply Chain.

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TrusTrace AI Tool Lets Companies Assess Supply Chains for Forced Labor

Supply Chain Brain

TrusTrace's Forced Labor Prevention tool has traced more than two million purchase orders to date, while mapping over 55,000 suppliers and facilities.

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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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Addressing Vulnerabilities: Cybersecurity Challenges for Online Casino Operators

IT Supply Chain

By Dwight J. Lawrence (pictured) Content Writer The post Addressing Vulnerabilities: Cybersecurity Challenges for Online Casino Operators appeared first on IT Supply Chain.

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Why an OMS is the Heart of Inventory Management in a Retail Operation

IT Supply Chain

By Chris Timmer (pictured) CEO, Linnworks The post Why an OMS is the Heart of Inventory Management in a Retail Operation appeared first on IT Supply Chain.

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98% of suppliers want better communication

HICX Solutions

(London, 27 June 2024) HICX is announcing its Voice of the Supplier Survey 2024. The survey builds on its predecessor from 2021, which revealed that some of the world’s biggest businesses are making it hard for suppliers to do their best work. Keen to learn the state of affairs today, the Supplier Experience vendor set out to repeat the study. HICX surveyed 1,000 suppliers that serve large multinationals, typically those with more than $1 billion in revenue and which operate in the consumer pack

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The Hidden Economic Cushion in Your Maintenance Closet

IT Supply Chain

By Christine Baker (pictured) Content Writer The post The Hidden Economic Cushion in Your Maintenance Closet appeared first on IT Supply Chain.

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Sales & Marketing Leader’s Role in S&OP

QAD

Updated: June 26, 2024 Published: February 4, 2021 What is the Sales & Marketing Leader’s Role in S&OP? The Sales & Marketing leader is a key part of the Roles and Responsibilities of Sales and Operations (S&OP). Successful implementation of the S&OP process requires cross-functional participation from all departments of the organization.

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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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Cutting-Edge Slat Conveyors Transforming Modern Factories

IT Supply Chain

By Richard Pearson (pictured) Content Writer The post Cutting-Edge Slat Conveyors Transforming Modern Factories appeared first on IT Supply Chain.

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What is an ERP Inventory System & How Does it Work?

Unleashed

An enterprise resource planning (ERP) inventory system provides an integrated solution for managing inventory, operations, and financial planning. It connects different departments to establish an automated flow of data, improving efficiency and collaboration across the business. This quick guide dives into the concept of ERP inventory management, outlines the benefits and risks, and provides some best practices for implementing an ERP inventory system.

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Empowering Businesses: The Benefits of Supply Chain Certification

Procurement Academy

Finding skilled professionals to manage complex marketplace networks is a challenge Skill Dynamics often see in businesses we speak to. We equip individuals and organizations with the knowledge and expertise they need as a solution – both to optimize their supply chains and empower their businesses to thrive. The global supply chain management market size is projected to hit around USD 72.1 billion by 2032.

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Supply Chain by the Numbers for June 27, 2024

Supply Chain Digest

Strike Coming for East and Gulf Coast Dock Workers Possble. Amazon Moves Away from Air Pillows. FedEx Mulls Sale of Giant LTL Unit.

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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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10 Steps For Creating An eLearning Project Plan From Scratch

Procurement Academy

Supply chain and procurement leaders are continually tasked with planning an eLearning project. Here at Skill Dynamics, we take great pride in our methodical approach to supporting eLearning project planning. We’re dedicated to empowering procurement and supply chain teams to be successful in their roles, and our eLearning courses offer a scalable and affordable way to upskill your team through tailored supply chain management education.

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Celebrating the Barcode’s Golden Jubilee

Supply Chain Brain

It's been 50 years since the first retail item was scanned with a Universal Product Code (UPC) barcode at checkout.

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Happening Now: US Imports Continue to Rise

West Coast and California Logistics

According to The Loadstar , inbound container volumes were up 5.6% in May compared to last year. This follows YOY increases of 26.5% in February, 19.9% in March, and 13.4% in April.

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In-Kind Donation Can Be Key to Sustainability in Reverse Logistics

Supply Chain Brain

Making in-kind donations is good for the planet, good for the bottom line, and good from a public relations perspective.

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How Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform

Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.

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How New Tech Companies Are Solving the Old “Last Mile Delivery Problem”

Loginext

Last mile delivery is a significant challenge in logistics, representing the final step of getting a package to the customer's door. This stage is crucial for customer satisfaction but also the most costly and complex. Tech companies are now stepping in to address these issues, using innovative solutions to enhance efficiency and reliability in last mile delivery.

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Port of Charleston Terminal to Reopen After Years-Long Labor Dispute

Supply Chain Brain

The dispute dates back to the opening of the terminal in 2021, when SC Ports attempted to use non-union state employees as crane operators.

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A Strategic 8-Step Approach to Successful Business Intelligence Deployments

Silvon Software

Management’s ability to consistently make timely and accurate business decisions—at both strategic and operational levels—is extremely influential in determining whether the company surpasses, or gets surpassed by, competitors. Yet for too many business executives, decision making is often based on incomplete, inaccurate, irrelevant, or stale information … or on a gut feel approach that lacks replication, predictability, and scale of successful outcomes.

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Rise of Same-Day Shipping Drives 25% Increase in Global Air Freight Emissions

Supply Chain Brain

Just three operators — FedEx, UPS and Amazon Air — generated more than 27% of the industry's carbon emissions globally in 2023.

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A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

Speaker: Jason Cottrell and Gireesh Sahukar

Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.

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Costs to Operate a Truck Just about Flat in 2023, Annual ATRI Report Finds

Supply Chain Digest

Costs Rose Less than 1Percent to 2.

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Taming the Dragon of Returns

Supply Chain Brain

Retailers hate returns; consumers need them. Is it possible to reconcile the two?

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How Automation Keeps Data Secure in Healthcare Warehouses

Locus Robotics

Home June 26, 2024 How Automation Keeps Data Secure in Healthcare Warehouses Mary Hart , Senior Content Marketing Manager When it comes to healthcare fulfillment centers, keeping data secure is crucial. Just last year, the Department of Health and Human Services Office for Civil Rights (OCR) noted that there were 26 data breaches of more than 1 million records and four breaches of more than 8 million records.

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Norfolk Southern Takes Heat for Decision to 'Vent and Burn' Chemicals After Derailment

Supply Chain Brain

The NTSB said that Norfolk Southern's decision to "vent and burn" the chemicals in the derailed train cars was based on "misleading information.

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Procurement Is Navigating a Tech Tsunami (and It’s Upending How You Work)

Procurement is in the middle of a tech tsunami. And if it feels like the old playbooks aren’t working anymore, that’s because they aren’t. Agentic AI. Autonomous procurement. Unified source-to-pay ecosystems. These innovations are converging and transforming how procurement teams operate. The GEP 2025 Procurement & Supply Chain Tech Trends Report breaks it all down.

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Market Insights with Supply Chain Economist Jason Miller

The Logistics of Logistics

Jason Miller and Joe Lynch discuss market insights. Jason is a professor of supply chain at Michigan State University, which is ranked as one of the top supply chain schools in the world. Summary: Market Insights In this podcast, Jason Miller, a professor at Michigan State University, shares his expertise on the current state of the supply chain and logistics industry.

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Boeing Faces New Whistleblower Claims of Lapses on Some 787 Jets

Supply Chain Brain

Mechanic Richard Cuevas claimed he observed “substandard manufacturing and maintenance practices” on the 787’s forward pressure bulkhead.