Thu.Aug 04, 2022

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Modernizing Your Supply Chain is Not Enough

Enterra Insights

The late Thomas Samuel Kuhn, an American philosopher of science, introduced the term “paradigm shift” in his 1962 The Structure of Scientific Revolutions. The term caught on. As Tania Lombrozo ( @TaniaLombrozo ), a psychology professor at Princeton University, notes, “Talk of paradigms and paradigm shifts has since become commonplace — not only in science, but also in business, social movements and beyond.”[1] She adds, “A paradigm shift is defined as ‘an impo

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Reduce Excess Inventory While Protecting Margins with a Pricing and Promotion Analysis  Solution

Logility

Your ship’s come in! That’s a good thing, right? Much of the merchandise languishing aboard cargo ships stuck in ports around the world during the pandemic-fueled supply chain crisis has made it to store shelves. No doubt this brings some mirth and merriment in an otherwise bleak stretch for consumers, but it also brings a massive migraine for retailers.

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What If You Treated Your Data Supply Chain Like the Physical Supply Chain?

Supply Chain Brain

While the task and responsibility for managing the data supply chain is primarily the responsibility of information technology professionals, the concepts and tools we use every day directly apply to the data supply chain as well as the physical supply chain. .

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Brewer Supplier Relationships in a Changing Beer Industry

QAD

One of my favorite movies is Robin Hood: Prince of Thieves. It was a drama that had some very comedic moments. In one segment, Robin Hood had a not too friendly run in with Friar Tuck. After a slight skirmish, he convinced him to join his merry band to impart some spiritual guidance. Now as it turned out, the friar had an even greater love than the divine.

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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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Watch: Turning Supply Chain Transparency Into Action

Supply Chain Brain

Achieving supply chain visibility isn't a matter of spending years to acquire a fixed view of suppliers, says Jack Dobson, commercial account lead with Palantir. It's about managing relationships that are in constant flux.

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Five Supply-Chain Challenges and How Process, People and Technology Can Help Overcome Them

Supply Chain Brain

Here are five challenges facing supply chain managers today, with guidance on how a partnership approach that combines process, people and technology can help.

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The Surprising Popularity Of Bitcoin Among Cryptocurrencies

IT Supply Chain

By Dwight J. Lawrence (pictured). Content Writer. The post The Surprising Popularity Of Bitcoin Among Cryptocurrencies appeared first on IT Supply Chain.

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Video: The value of syncing supply chain data with media spend

crisp

In this recorded panel at AdWeek’s Commerce Week, Crisp speaks with OMG’s John Schorr about how access to live retail data will change the game in CPG advertising. At AdWeek’s Commerce Week, Crisp’s SVP of Sales Stacy Bohrer and Business Line Leader Tony Miller took the stage with John Schorr, Managing Director of Commerce at OMG. The topic: how marketers can leverage real-time, store-level data to drive revolutionary results for brands.

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Organisations worldwide must modernise through software

IT Supply Chain

By Stephen Gates (pictured). Security Evangelist at Checkmarx. The post Organisations worldwide must modernise through software appeared first on IT Supply Chain.

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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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Are Global Supply Chains Recovering- One Perspective

Supply Chain Matters

In our prior published Supply Chain Matters commentary, we reviewed and provided some added insights on July’s global manufacturing PMI indices which are pointing to declining global supply chain production momentum. We indicated in our commentary that August usually represents the global supply chain ramp-up for supporting Q3 and Q 4 holiday spending on consumer goods, gifts and seasonal merchandise.

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Prepare For Peak Season and Your Future Supply Chain Strategy

MercuryGate

The supply chain has been through a lot over the past few years, and the instability, uncertainty, and volatility have not yet entirely subsided. Peak season pressure in the months ahead keeps the future of the supply chain atop the list of genuine concerns for many businesses. What have you done to prepare for peak season 2022? The post Prepare For Peak Season and Your Future Supply Chain Strategy appeared first on MercuryGate International.

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The State of Supply Chain Sustainability 2022

Supply Chain Digest

Review of State of Sustainability Report 2022 from CSCMP

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Can Improving Forecast Accuracy Address Our Demand Planning Woes?

Logistics Viewpoints

If “the forecast is always wrong,” is improving forecast accuracy even the solution to our demand planning woes? In times that continue to defy our ability to predict them, the words of famous statistician George Box have never been more right: “All models are wrong, but some are useful.” So what can we do to make models more useful? Artificial intelligence and machine learning ( AI/ML ) can improve forecast accuracy, but a bigger problem is the failure to set accurate expectations around foreca

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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Amware CEO appears on 'Get Down to Business' program

Amware Logistics and Fulfillment

Amware CEO Harry Drajpuch recently appeared on the Get Down to Business with Shalom Klein radio show to discuss the importance of "everything that happens after the click" in eCommerce.

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For Inventory Management Agility, Plug Into a Supplier Ecosystem

Supply Chain Brain

It is by now painfully clear that the vast majority of small and medium-sized businesses need to adopt a new approach to supplier networks and inventory management if they are to stay sufficiently agile to be competitive.

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5 ways to improve your procurement processes

Procurement Academy

Ensuring efficiency in your procurement process has a positive chain reaction within your entire organization. The objectives of a world-class procurement organization are far beyond the traditional belief that procurement’s primary role is to obtain goods and services in response to internal needs. In fact, a successful procurement process aims to optimize the whole process to create significant business value.

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U.S. Adds 528,000 Jobs in July as Market Returns to Pre-Pandemic Levels

Supply Chain Brain

The U.S. added 528,000 jobs in July as the jobs market returned to pre-pandemic levels, adding a total of 22 million jobs since reaching a low in April 2020.

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How To Package & Price Embedded Analytics

Just by embedding analytics, app owners can charge 24% more for their product. How much value could you add? This framework from Software Pricing Partners explains how application enhancements can extend your product offerings. You’ll learn: How to take a disciplined approach to pricing The three elements of the Packaging Decision Framework Ways to structure your new embedded analytics offering Download the White Paper to learn about How To Package & Price Embedded Analytics.

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5 Steps to Strategic Spend Management

ProcurePort

• An organization’s long-term growth and sustainability are hinged on strategic management of organizational expenditures. • An organization’s spending determines how much money goes to suppliers and how much remains to pursue other strategic growth objectives. • Strategic spend management is a renewed outlook on spending management entailing careful planning of your expenditure – overheads, […].

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Apollo-Led Group to Buy Cargo-Hauler Atlas Air for $2.9 Billion

Supply Chain Brain

An investor group led by Apollo Global Management Inc. is acquiring Atlas Air Worldwide Holdings Inc. for about $2.9 billion, expanding its foray into aircraft leasing and charter flying as demand for air cargo cools from pandemic-era highs.

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Mean Absolute Percentage Error (MAPE) Has Served Its Duty and Should Now Retire

BlueYonder

Executive summary. According to Gartner (2018 Gartner S ales & O perations P lanning Success Survey ), the most popular evaluation metric for forecasts in Sales and Operations Planning is Mean Absolute Percentage Error (MAPE). This needs to change. Modern forecasts concern small quantities on a disaggregated level such as product-location-day. For such granular forecasts, MAPE values are extremely hard to judge and thereby disqualify as useful forecast quality indicators.

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Webinar: Build an Agile Logistics Network for Peak Season and Beyond

FLEXE

<h2>You might also be interested in:</h2> <ul><li>Webinar: <a href="[link] target="_blank" rel="noreferrer noopener">The ROI of Logistics Flexibility</a></li><li>Article: <a href="[link] target="_blank" rel="noreferrer noopener">Beat Disruption and Win Customers—How Retailers Mitigat

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GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. Whether from geopolitical tensions or the havoc caused by the pandemic and its aftershocks, plenty of challenges remain. Despite this, leaders are seeing a glimmer of light at the end of the tunnel — inflation is decreasing, interest rates are leveling off and supply chain volatility is easing.

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Jet set go with LogiNext’s Integration Marketplace!

Loginext

Why your delivery management tech platform needs a solid integration marketplace? Managing home deliveries and logistics relies a lot on manual processes. And this leads to inefficiencies. Over the past decade and especially in the past couple of years after the pandemic, the use of technology and automation for logistics has picked up and […].

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Why Is Supplier Experience Now Such a Key Priority?

HICX Solutions

The era of Supplier Experience is here. Accelerated by recent global events and propelled by today’s need to fundamentally change the way in which organizations interact with their suppliers, there is a realization in the industry that the enterprise-supplier relationship cannot be treated as a zero-sum game. Suppliers as an extension of the organization.

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U.S. Bid to Cap Russian Oil Prices Draws Skepticism Over Enforcement

Supply Chain Brain

The Biden administration’s push to form an international buyers’ cartel to cap the price of Russian oil is facing resistance from maritime insurers that it cannot be reliably enforced.

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