Wed.Mar 09, 2022

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The Power of Predictive Analytics in the Supply Chain

Enterra Insights

Humans have always been curious about what the future holds. As a result, they have visited oracles and soothsayers since the beginning of recorded history. One of the early tools used by soothsayers was the crystal ball. According to Wikipedia, “In the 1st century CE, Pliny the Elder describes use of crystal balls by soothsayers (‘crystallum orbis’, later written in Medieval Latin by scribes as orbuculum).”[1] Although most people dismiss fortune telling as quackery, it

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A Deeper Look into Time Slot Management

Logistics Viewpoints

A few weeks ago, I wrote an article on the benefits of time slot management. In that article, I highlighted the importance of the network effect on time slot management and related technologies, as well as the main benefits of a time slot management application. Time slot management helps to organize warehouse resources to prepare for an incoming truck.

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Why you can no longer design your supply chain network with Excel

AIMMS

The post Why you can no longer design your supply chain network with Excel appeared first on AIMMS.

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Is Taking More Direct Control of Your Supply Chain Becoming More Important?

Talking Logistics

As I highlighted in a November 2021 post titled “Taking More Direct Control Of Your Supply Chain,” over the past few years, there have been several examples of companies retaining or taking more direct control of their supply chain and logistics operations. More recently, for example, we’ve seen retailers buying logistics service providers, like American.

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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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How a Digital Planning Twin Drives Capacity Planning, Network Design, and Business Transformation

River Logic

Underlying Technology in Digital Planning Twins. From a technology perspective, a Digital Planning Twin is a constraint-based digital representation of an enterprise’s full value chain – including all commercial, operational, and financial components. Its cloud-based architecture ensures security and scalability, while no-code implementation and pre-built templates get businesses up and running fast without IT or data science resource drains.

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Two Types of Procurement: Project Based and Operational!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Procurement operations are the backbone of every company’s supply chain. Fundamental to procurement is the acquisition of goods and services from a party that’s further up the supply chain. However, there are two different types of procurement: project-based procurement and operational procurement.

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Parade and Turvo Serve Up Digital Transformation for Freight Brokers

Parade

Integration of Technology & Data Create Transformative Solution. San Francisco, CA — March 9, 2022 — Parade, the leader in carrier access and the truckload capacity management platform software for freight brokers, announces partnering with Turvo and integrating with Turvo’s Collaboration Cloud and transportation management system (TMS). Together the partners bring capacity management integrated with the Turvo TMS to help freight brokers digitize their operations and deliver the experiences

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IOT SupplyChain Tools (Internet of Things)

ModusLink Corporation

The utilization of IoT tools (Internet of Things). Many of the electric devices/sensors that are applied to smart packaging use the global interconnected network called the Internet of Things. The concept of IoT (internet of things) is aimed at providing a global interconnected network infrastructure for connecting objects to the cyber- physical world.

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Creating a sustainability strategy with recyclable plastic packaging

IT Supply Chain

By Lee Metters (pictured). Group Business Development Director, Domino Printing Sciences. The post Creating a sustainability strategy with recyclable plastic packaging appeared first on IT Supply Chain.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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Advice to Your Younger Self This International Women’s Day

BlueYonder

Each year, International Women’s Day is celebrated on March 8. It is a global celebration, recognizing women for their achievements without regard to divisions, whether national, ethnic, linguistic, cultural, economic or political. This year’s theme is #BreakTheBias. In line with this theme, associates at Blue Yonder were asked: “What advice would you give to your younger self?

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Report Indicates Workers at Samsung Electronics Seek Pay Bumps in Line with Company Financial Performance

Supply Chain Matters

Supply Chain Matters parent, The Ferrari Consulting and Research Group, continues in our efforts in featuring a three-part series of Research Advisories addressing the ongoing great resignation’s impact on industry supply chain management organizations along with the importance of supply chain and human resource management strategy alignment in addressing and mitigating such challenges.

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Out with the old in with omnichannel fulfillment

Cognira

Out with the old in with omnichannel fulfillment. March 9, 2022. Assortment and Allocation. Home. Multi-channel fulfillment strategies aren’t cutting it anymore. Instead, retailers need to invest in an omnichannel fulfillment strategy to stay ahead of their competition. By Meg Galgano, Global Head of Product Strategy. Over the last few years, consumers have put pressure on retailers to have flexibility and provide more options when it comes to shopping.

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How procurement can solve the looming headache for CFOs

Proxima

Many of the Chief Financial Officers (CFOs)I speak to have not been this worried since March 2020. Certainly, the ‘Long Pandemic’ phase from May 2020 to the end of 2021 presented its challenges. But as we emerge, CFOs are in some ways more concerned about business prospects than they have been over the past 18 months. I am picking up on four main reasons for this concern.

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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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Order Cycle Time: What Is It, How to Measure & Improve It

ShipBob

In today’s highly competitive ecommerce market, one of the best ways for businesses to differentiate themselves from the competition is by providing exceptional customer experiences. There are many different ways brands can offer a positive customer experience – one of them is optimizing the order management process to enhance order fulfillment and improve order accuracy rates.

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Global Supply Chain News on Oil Prices Driving Spike in Fuel Costs for Container Ships Too

Supply Chain Digest

Bunker Fuel Costs Soaring, with Many Impacts for Ocean Carriers and Shippers

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Omnichannel Fulfillment Services: Key to Success

Amware Logistics and Fulfillment

Industry buzzwords come and go, but one phrase that has stuck – and is pushing shippers to rethink their fulfillment strategies – is “omnichannel.” And while the term may have made Gartner’s list of overused marketing words as far back as 2014, omnichannel is holding its own in a world where customers expect to have a seamless experience across all sales channels through omnichannel fulfillment services.

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Supply Chain News on The Hackett Group on the Top Six Focus Areas for Procurement 2022

Supply Chain Digest

Digitization a Key Thread throughout the Six Focus Areas

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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

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Watch: The State of the Warehouse and Industrial Real Estate Market

Supply Chain Brain

Alex Cohen, chief executive officer of Liberty SBF, reviews current trends in demand for warehouse and industrial space, and how owners are acquiring financing in difficult times.

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Meet the Griffins: Darren Baggs delivers agile and comprehensive MFT support

Axway

We are back with our Meet the Griffins series where we present an outstanding employee who we feel embodies Axway’s culture and is an excellent example of commitment, achievement, motivation, and work ethic.

Meeting 105
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Russia’s War Puts Shipping’s Tentative Recovery in Jeopardy

Supply Chain Brain

Russia’s ongoing invasion of Ukraine has the shipping industry bracing for new shocks to its labor force, which relies on experienced crew from both countries.

Ukraine 105
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Meet the Griffins: Darren Baggs provides agile and comprehensive MFT expertise to deliver results

Axway

We are back with our Meet the Griffins series where we present an outstanding employee who we feel embodies Axway’s culture and is an excellent example of commitment, achievement, motivation, and work ethic.

Meeting 52
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GEP Spend Category Outlook 2024

Your Roadmap to Smarter Spend Management in 2024 Geopolitical, economic and supply chain challenges will stick around in 2024, but don’t despair. There are strategic opportunities to leverage AI-powered technology and digital toolsets to overcome these hurdles more effectively. GEP experts in nearly two dozen critical categories guide you in the right direction in our annual comprehensive resource — GEP Spend Category Outlook 2024.

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Russia Bans Export of 200 Products After Suffering Sanctions Hit

Supply Chain Brain

Russia announced an export ban for more than 200 products after the economy was hit by sanctions over the invasion of Ukraine. It stopped short of curbing sales of energy and raw materials, the country’s biggest contribution to global trade.

Russia 101
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Meet the Griffins: Darren Baggs provides agile and comprehensive MFT expertise to deliver results

Axway

We are back with our Meet the Griffins series where we present an outstanding employee who we feel embodies Axway’s culture and is an excellent example of commitment, achievement, motivation, and work ethic.

Meeting 52
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U.S. Oil Production Will Cushion Price Hit to Economy, Eventually

Supply Chain Brain

Any increased capital spending by U.S. oil and gas producers in response to the surge in crude price should help soften the blow to the economy from an expected pullback in consumer spending. It just won’t be anytime soon.

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Top 10 Saudi Arabian eCommerce StartUps and Companies

Vinculum

Popularly known as the 2nd fastest growing industry, eCommerce has touched Saudi Arabia too, inspiring outstanding eCommerce businesses today. Saudi Arabia’s eCommerce industry offers numerous business options which are highly profitable and expandable. With the oil and mining industry slowing down, this opportunity is excellent for Saudi Arabia.

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More Than 40 New Manufacturers Join Configura’s Platform in 2023

More than 40 manufacturers across the commercial interior, material handling, and kitchen and bath industries expand offers via Configura’s CET platform in 2023.

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Can Europe Weaken Putin’s Power Over Global Energy?

Supply Chain Brain

The war in Ukraine has already revealed that the modern financial system can be weaponized in ways never before seen. Now the same might be true of the energy transition.

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Procurement Analytics: Challenges, Opportunities, and Implementation Approaches

ProcurePort

Procurement analytics is the process of tapping into a large reservoir of procurement data and using qualitative and quantitative approaches to obtain actionable insights to drive business decisions. Examples of procurement data collected during analytics include; historic spend reports, advanced analytics, and future decisions. Procurement analysis typically involves collecting data from different source systems, classifying […].

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Why NPS Matters with Ian Aguilar

The Logistics of Logistics

Why NPS Matters with Ian Aguilar. Ian Aguilar and Joe Lynch discuss why NPS matters. Ian is the Founder of UrgencySelling, where he helps logistics and transportation companies to rapidly improve sales while reducing the cost of customer acquisition. About Ian Aguilar. Ian Aguilar is the Founder and Managing Director of Urgency Selling. With 18 years dedicated experience in 3PL, 4PL, and Technology, Ian pioneered the adoption of The Challenge Sale, Account Based Marketing, and Demand Generation