Thu.Jun 13, 2024

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Lessons from “The Goal” for Optimizing Warehouse Operations

Logistics Viewpoints

As part of my personal and professional development, I’ve been participating in our book club at Lucas Systems over the past several months. We’ve read and discussed some fantastic and thought provoking books. One of the most recent, “ The Goal ,” by Eliyahu Goldratt and Jeff Cox, suggested by our CEO, really got me thinking about the book’s centering theme, the Theory of Constraints, it’s applicability to my area of expertise, software development, and how it can also be applied to processes in

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Rise. Or Rise-up?

Supply Chain Shaman

This week, I attended the Consumer Goods Forum in Chicago. The networking was great. My takeaway is a serious concern by attendees on the impact of SAP RISE on global supply chains. Here I share observations and take aways. Definition: “The RISE with SAP offering includes an AI-powered cloud ERP that’s managed and optimized by SAP. It provides services and tools built on the clean core approach by SAP, so you can migrate on-premise systems, transform business processes, drive contin

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Are You Using Electric or Autonomous Trucks in Your Transportation Operations?

Talking Logistics

In April 2023, one of our Indago members — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — submitted the following question: “We see the future of transport moving toward electric and autonomous vehicles. However, ownership, energy sources, and labor relations will change drastically versus the current market structure.

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Retail Promotions Don’t Have to Fail: Changing Your Approach to Ensure Promotions Succeed

ToolsGroup

Promotions are a critical part of the retail strategy, yet many fail to deliver the expected results. The key to success lies not just in the execution but in a strategic approach to planning, optimizing, and learning from each promotion. Over the last several weeks, we’ve explored discounting in a promo-saturated market, highlighted the importance of aligning pricing and discounting strategies, unraveled the complexities of markdowns versus promotions, and delved into the role of allocati

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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

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[Video] Labor Shortages: What Are Supply Chain and Logistics Companies Doing to Survive the Challenge?

Talking Logistics

Chris Jones, Executive Vice President, Industry at Descartes shares insights and advice from a research report published by Descartes titled, “What Are Companies Doing to Survive the Supply Chain and Logistics Workforce Challenge?” Podcast version (click to play): The post [Video] Labor Shortages: What Are Supply Chain and Logistics Companies Doing to Survive the Challenge?

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Smart Contracts & Blockchain: Enhancing Transparency & Efficiency with Digital Currency Platforms

IT Supply Chain

By Mike Bronson (pictured) Content Writer The post Smart Contracts & Blockchain: Enhancing Transparency & Efficiency with Digital Currency Platforms appeared first on IT Supply Chain.

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Towards Digital Frugality

Demand Driven Technologies

I recently attended a Supply Chain conference, where it became clear that we, industry professionals, have been terrible predators – criminals. Over the past 4 decades, we have relocated production to distant countries, skillfully built up long and complex supply chains, and multiplied transport volumes and the associated carbon emissions. Forbes recently published an article.

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What to Know About QAD Advanced Scheduling

QAD

QAD Advanced Scheduling , powered by Phenix, helps manufacturers improve productivity and accelerate factory performance. The solution optimizes production decisions by determining what products to make on each line in the best possible sequence to minimize changeovers, optimize inventory, and align cash, cost and service goals. To improve competitiveness and profitability, manufacturers are looking to technology to help become more efficient, agile and resilient.

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Why U.K. Supply Chains Are Nearshoring

Supply Chain Brain

It's not just Brexit that's driving the trend. U.K. companies are increasingly eager to boost risk management, control over products, sustainability credentials and staffing.

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How to Master Product Portfolio Management

Pursuing product portfolio management excellence empowers organizations to unlock the full potential of their offerings. This comprehensive guide unveils 10 essential keys that serve as the building blocks for success.

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How Bitcoin Can Aid in the Fight Against Financial Crimes

IT Supply Chain

By Richard Pearson (pictured) Content Writer The post How Bitcoin Can Aid in the Fight Against Financial Crimes appeared first on IT Supply Chain.

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Reducing Environmental Impact in CPG Supply Chains with Smart Transportation Management Software

Loginext

LogiNext's Transportation Management Software revolutionizes CPG supply chains by optimizing routes, improving load utilization, and enabling real-time tracking. This technology reduces emissions, enhances sustainability, and meets consumer demand for eco-friendly practices, ensuring long-term business success. The post Reducing Environmental Impact in CPG Supply Chains with Smart Transportation Management Software appeared first on loginextsolutions.com.

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Winning On and Off the Pitch

BlueYonder

This blog post was written by Wayne Snyder, Vice President, Industry Strategy – Retail EMEA, and Gael Ramaen, Corporate Vice President – EMEA. Both are avid football (also called soccer in other parts of the world) fans and will be cheering on their respective teams at the 2024 European Championships. Beginning tomorrow, June 14, 2024, more than 2.7 million football fans will converge on stadiums across Germany for the European Championships, held every four years.

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BR Williams Hosts 3rd Annual Forklift Safety Event in Commemoration of National Forklift Safety Day

BR Williams Supply Chain Management

BR Williams, a leader in transportation, warehousing, and logistics, hosted its 3rd Annual Forklift Safety Event for National Forklift Safety Day. This event underscored BR Williams’ dedication to promoting a safe work environment and honoring those prioritizing forklift safety training. BR Williams, a recognized leader in the transportation, warehousing, and logistics industry, proudly announced its 3rd Annual Forklift Safety Event , held in conjunction with National Forklift Safety Day.

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The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

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How ThroughPut AI’s Decision Intelligence Enhances Pricing & Promotion Strategies in the F&B Industry?

ThroughPut

Here’s the thing about the Food & Beverages (F&B) industry: Pricing your products isn’t just about covering costs and achieving target profits. It’s also about staying competitive and retaining loyal customers in a market that is always in flux. Your products have a shorter shelf life. Demands fluctuate wildly. Customer preferences vary widely.

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Podcast | The Challenges of a Modern-Day Energy Supply Chain

Supply Chain Brain

The global energy supply chain stands at a crossroads.

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The A-B-C of Route to Market: A Simple Guide to Finding & Engaging New Distributors

Enchange Supply Chain Consultancy

In my last Post & Article I presented a new Route to Market (RtM) model, the aim of which was to bring together our RtM work in the last 5 years or so.

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Supply Chain Graphic of the We ek on For Apparel at Least, Little Nearshoring

Supply Chain Digest

While China Exports have Declined, Volumes going to Other Asian Countries

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11 KPIs for Measuring Innovation Success

Measuring innovation success is critical yet challenging for organizations, often leading to confusion over which KPIs to use. Many rely on inappropriate metrics borrowed from other departments, wasting resources and overlooking valuable opportunities. This guide outlines why innovation metrics are hard to track and offers a framework for creating effective KPIs.

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The Top 3 Mistakes Companies Make in Beer, Wine and Spirits Logistics

West Coast and California Logistics

Finding the right 3PL provider to perform and manage your beer, wine and spirits logistics operations can be a daunting task. Mistakes in this industry can be costly and damage your reputation with customers. In this article, we’ll examine the 3 most common mistakes that 3PL providers make when handling these sensitive products.

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Watch: When Resources Are Constrained, How Can You Become Sustainable?

Supply Chain Brain

Organizations are inundated with demands for becoming sustainable. How do they achieve that goal when resources are constrained? Laura Rainier, senior director analyst with Gartner, explains.

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EY Announces Stephen Aborn, CEO of FreightPlus as an Entrepreneur Of The Year® 2024 New England Award Winner

Freight Plus

Celebrating the bold leaders who disrupt markets, revolutionize industries and transform lives QUINCY, MA., June 13, 2024 – Ernst & Young LLP (EY US) today announced that Stephen Aborn of FreightPlus was named an Entrepreneur Of The Year® 2024 New England Award winner. Entrepreneur Of The Year is the preeminent competitive awards program for entrepreneurs […] The post EY Announces Stephen Aborn, CEO of FreightPlus as an Entrepreneur Of The Year® 2024 New England Award Winner appeared f

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How To Shrink Plastic Use Through Better Supplier Relationships

Supply Chain Brain

Manufacturers are making strides to reduce their plastic footprint. But those seeking to shrink plastic usage can find it difficult to budget, forecast and make nimble decisions.

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What Makes a Warehouse Worker Happy?

The 2024 Newcastle Systems Worker Satisfaction Survey provides insights into the life of a warehouse worker and what matters to them.

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Food Inflation, Part Two: Consumers React to High Food Prices

Enterra Insights

In a February interview on CBS’ “60 Minutes,” Federal Reserve Chairman Jerome Powell acknowledged, “People are experiencing high prices. If you think about the basic necessities, things like, you know, bread and milk and eggs and meats of various kinds, if you look back, prices are substantially higher than they were before the pandemic.

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Red Sea Attacks Drove 90% Decline in Container Shipping, U.S. Spies Say

Supply Chain Brain

The attacks have impacted at least 65 countries and forced at least 29 major energy and shipping companies to alter their routes.

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What is a Warehouse Management System (WMS)?

Unleashed

A warehouse management system (WMS) is a powerful software tool that can help improve warehouse efficiency and reduce the cost of holding inventory. WMS solutions are designed to optimise how a storage facility operates – from capacity utilisation to stock control – while making staff more productive. This guide will teach you everything you need to know about warehouse management systems, including how they work, the different types of warehouse software, and key features to look for.

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Port of New Orleans Gets Millions in Funds for New Downriver Terminal

Supply Chain Brain

The new terminal — which is still in the federal permitting process — is expected to open in 2028, and will accept as many as 280,000 containers each year.

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The 25 Types of Innovation Dominating R&D Today

Innovation varies widely across sectors and organizations, creating value in diverse forms. Understanding different types is crucial for R&D teams to foster creativity and uncover missed opportunities. This guide explores 25 key types of innovation in management frameworks.

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Europe Moves to Impose Added Import Tariffs

Supply Chain Matters

Supply Chain Matters highlights this week’s decision by the European Union to impose added import tariffs on China produced electric vehicles. The move complicates industry sourcing dynamics and provides added supply network challenges for cost and resiliency. Background Last month Supply Chain Matters published an editorial commentary with highlights, perspectives and likely implications of an announcement by the Biden Administration in imposing increased import tariffs on specific goods.

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Port of Los Angeles Imports Fell 4.5% in May, Exports Rose 23.8%

Supply Chain Brain

Overall container volumes at the busiest U.S. container port are up 18% in the first five months of the year compared to the same period in 2023.

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Product Update, May 2024

Precoro

Precoro presents our latest series of product updates. Please feel free to explore at your leisure or navigate directly to the updates that most interest you: Precoro’s new mobile app for IOS and Android The ability to create service orders from PRs New receipt to PO matching function Custom document forms for service orders Mass rejection feature for pending documents Currency change for custom invoices and POs Simplified tolerance limits The ability to show invoice attachments when crea