Thu.Dec 07, 2023

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Supply Chain Resilience. Really?

Supply Chain Shaman

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. This follows the recent announcement by the White House Council on Supply Chain Resilience launching 30 proposed actions to strengthen America’s supply chains and the ASCM recent publication on resilience.

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3 Demand Forecasting Myths Debunked

Logility

In the rapidly evolving world of supply chain management, relying on outdated notions or oversimplified strategies can lead to significant missteps. That’s why adapting forecasting methods is essential to navigate the diverse and constantly changing demand patterns effectively. In this article, we’ll explore why a dynamic forecasting approach is beneficial and necessary for today’s demand planners to maintain accuracy and efficiency.

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Human Rights Day 2023

Enterra Insights

This Sunday marks the 75th anniversary the Universal Declaration of Human Rights (UDHR) — the signing of which is celebrated each year on Humans Rights Day. The theme for this year’s observance is: Dignity, Freedom, and Justice for All. Article 4 of the UDHR states: “No one shall be held in slavery or servitude; slavery and the slave trade shall be prohibited in all their forms.” Three quarters of a decade since that declaration was adopted, slavery and forced labor have yet to

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How to Calculate Safety Stock and Evaluate Different Methods

Arkieva

Uncertainty and volatility have been around for decades. There are several methods of leveraging safety stock in the supply chain to mitigate risk. How to Calculate Safety Stock and Evaluate Different Methods was first posted on December 7, 2023 at 8:19 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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4 Ways To Drive Supply Chain Excellence in the Food Industry

The Supplier Relationship Management Playbook is your guide to building effective supplier partnerships that drive supply chain excellence. This playbook equips supply chain professionals with strategies for managing compliance, tracking performance, and fostering collaboration to reduce supply chain risks. Inside, you’ll find: Strategies for Compliance: Best practices to help meet regulatory standards.

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Logistics in the Sports Industry: How Supply Chain Management Keeps Games Running

IT Supply Chain

By Richard Pearson (pictured) Content Writer The post Logistics in the Sports Industry: How Supply Chain Management Keeps Games Running appeared first on IT Supply Chain.

Industry 101

More Trending

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The Future Of Work: Business Transformation In The Tech Era

IT Supply Chain

By Allen Brown (pictured) Content Writer The post The Future Of Work: Business Transformation In The Tech Era appeared first on IT Supply Chain.

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Slash Costs with Smarter Procurement and Inventory Management

My Office Apps

Boost Your Business Profits with Efficient Procurement and Inventory Management Software Are you searching for ways to enhance your business’s profitability? This is a common challenge faced by companies today, constantly looking for optimization and cost savings. One area with significant potential for improvement is procurement. Efficient procurement processes not only streamline your purchasing cycle but also lead to better inventory management and ultimately, reduced costs.

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How Unsecured APIs Can Eat Up Retail Revenue

IT Supply Chain

By Karl Mattson (pictured) Field CISO, Noname Security The post How Unsecured APIs Can Eat Up Retail Revenue appeared first on IT Supply Chain.

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Watch: Top Challenges Facing Today's Supply Chains

Supply Chain Brain

David Salerno, director with 4Flow, summarizes the top challenges that supply chains are facing today, and recommends how companies should be equipped to manage the resulting complexities.

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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The hidden costs of voltage variations

IT Supply Chain

By James Goodby (pictured) Director, Powerdown220 The post The hidden costs of voltage variations appeared first on IT Supply Chain.

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Investigation Underway Involving Aircraft Engine Parts Supplier

Supply Chain Matters

The United Kingdom has launched a criminal investigation into alleged fraud being committed by a jet engine parts supplier that can have significant implications. Background In a Supply Chain Matters commentary published in late September , we highlighted a Bloomberg report indicating that aircraft engine suppliers General Electric and Safran , who together are partners in the consortium that design, produce and sometimes maintain CFM International engines, were alleging that a United Kingdom ba

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With Crisp, ZURU Group builds a playbook for on-shelf success

crisp

By harnessing real-time, store-level insights from retailers like Walmart, ZURU isn’t just playing in the global toy market – they’re redefining the rules. In the heart of New Zealand, a modern-day global empire flourishes, driven by a combination of cutting-edge analytics and creative imagination. Welcome to the world of ZURU Group. Founded in 2003, ZURU has expanded from its Kiwi roots to become a powerhouse in the toy industry worldwide, boasting a broad and dynamic portfolio ranging fr

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Supply Chain Matters Sponsorship and Promoted Content

Supply Chain Matters

The Supply Chain Matters blog announces opportunities for technology provider sponsorship and promoted content programs in 2024. Background Multi-industry supply chain management teams are increasingly tasked with supporting the basis of required business and supply chain transformational needs. They need to prepare their businesses and various functional teams to be able to flourish from or mitigate the next crisis as-well.

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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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Top 4 Mid-Mile Logistics Challenges and How to Solve Them 

Locus

In the intricate world of business and supply chains, middle-mile logistics emerges as the linchpin that governs the very pace of the process. It’s the domain where precision and coordination between delivery drivers and operation managers become paramount, for it’s here that products embark on a journey to multiple fulfillment locations, ultimately determining the timely success of last-mile delivery.

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Supply Chain Graphic of the Week on the US Jobs still Strong, but Gap with Unemployed is Shinking

Supply Chain Digest

Unusual Situation is Still there, but Trending Back to the Norm

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Indirect Disruption – The Butterfly Effect

QAD

The Butterfly Effect The butterfly effect rests on the notion that the world is deeply interconnected, such that one small occurrence can influence a much larger, more complex system. The effect is named after an allegory for chaos theory; it evokes the idea that a small butterfly flapping its wings could, hypothetically, cause a typhoon. Or it could not – the mind-boggling part of the butterfly effect is that it’s virtually impossible to predict whether a small system will lead to chaotic behav

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Wild Coffee Market Pushes Trader Mercon Into Bankruptcy

Supply Chain Brain

CEO Oscar Sevilla said in a December 6 letter to clients seen by Bloomberg News that “the macroeconomic factors working against Mercon have persisted for longer than expected.

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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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9 Ways Mobile Data Collection Improves Safety for Workers in Your Warehouse

RFgen

It’s no secret that the warehouse setting can be dangerous. In fact, worker safety should be at the top of every warehouse manager’s priority list. If not operated thoughtfully, multiple workers are liable to be injured each year—or worse. Vehicle accidents are the most common cause of unintentional deaths in warehouses, followed by injuries from slips, trips, and falls.

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Ensuring Success in a Digital Transformation Initiative

Supply Chain Brain

Organizations across industries are investing in digital transformation. Some have succeeded in their efforts, and many have failed.

Industry 101
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How to Calculate the Ending Inventory

EMERGE App

One of the most critical activities when closing a financial year is calculating the ending inventory. It is every businessman’s responsibility to know how much is left at the end of such an accounting season to plan how to start the next. However, it is a common myth that such serious accounting is only for big companies or companies with hundreds of employees.

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Podcast | Will We See a U.S. Factory Boom? Not Without AI.

Supply Chain Brain

U.S. industry is fervently hoping for a resurgence in domestic manufacturing. Application of artificial intelligence is the key.

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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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The Magic of eCommerce Chatbots

Saleswarp

As businesses navigate the evolving digital marketplace, the integration of AI-powered e-commerce chatbots has become a common strategy. As technology advances, businesses are increasingly turning to these AI-powered assistants to streamline operations and customer experiences. What are the Benefits of E-commerce Chatbots? An e-commerce chatbot is a virtual assistant that mimics human interactions, providing real-time support to customers on your website.

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Italy Pulling Out of Belt and Road Initiative

Supply Chain Brain

Italy’s BRI participation was set to be automatically renewed in March 2024 before the country notified China it was withdrawing from the initiative.

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The Magic of eCommerce Chatbots

Saleswarp

As businesses navigate the evolving digital marketplace, the integration of AI-powered e-commerce chatbots has become a common strategy. As technology advances, businesses are increasingly turning to these AI-powered assistants to streamline operations and customer experiences. What are the Benefits of E-commerce Chatbots? An e-commerce chatbot is a virtual assistant that mimics human interactions, providing real-time support to customers on your website.

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Arrest Made in London Following Sale of Unapproved Engine Parts

Supply Chain Brain

The arrest and seizure of materials took place during a raid in London, the U.K. Serious Fraud Offices said December 6.

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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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A Comprehensive Guide to Shipping a Car to Poland from USA

I.C.E. Transport

The volume of cars shipped internationally is on the rise, with Poland becoming an increasingly popular destination for vehicles from the United States. Understanding the detailed process, regulations, and costs of car shipping is essential for a smooth experience.

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Risky Driving Patterns Higher Before and After Holidays, Study Finds

Supply Chain Brain

Instances of harsh braking were higher the week before and after Thanksgiving when compared to the actual week of the holiday.

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The Role of Procure-to-Pay Software in Today’s Business

ProcurePort

Efficiency and Accountability Boost: P2P is critical software that automates procurement, reducing mistakes and speeding up decision-making by removing manual inefficiencies. -Real-time visibility, data analytics, and integration with emerging technologies enhance efficiency, cost savings, and financial control, fostering transparency and accountability across procurement operations.