Wed.Jan 18, 2023

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It’s time to better educate the supply chain sector!

Procurement Academy

Market pressures driving change. Supply chain and procurement professionals are having to face a daunting new reality as the ongoing effects of COVID-19, Brexit, the conflict in Ukraine and volatile inflation rates impact the day-to-day operations of their function. These disruptions are increasing professionals’ workloads, whilst making fast, efficient decision-making evermore important.

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Supply Chain And Logistics: What Will Stay The Same In 2023?

Talking Logistics

We all know the saying: the more things change, the more they stay the same. Every December for the past four years, we have asked members of our Indago supply chain research community — who are all supply chain and logistics professionals from manufacturing, retail, and distribution companies — “What is the likelihood of the. Read more. The post Supply Chain And Logistics: What Will Stay The Same In 2023?

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Körber CEO Discusses Warehouse Labor Management, Engagement, and Retention

Logistics Viewpoints

Earlier this month, I had the opportunity to speak with Chad Collins, CEO of Körber Supply Chain Software. Chad and I discussed the widespread labor constraints impacting warehouse operations across North America and Europe. I told Chad that I believe warehouse labor constraints will continue for extended time, and that warehouses must actively manage with this in mind.

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Sustainable Logistics Operations: Leveraging Advanced Automation Technologies

The Logistics & Supply Chain Management Society

Sustainable Logistics Operations: Leveraging Advanced Automation Technologies Attendees Profile: CIOs, CTOs, CSCOs, C-minus 1, Supply Chain Head or Operations Head from the verticals of End User Logistics (Digital, MedTech, Healthcare) service providers or 3PLs Synopsis: The increasing attention by various stakeholders on sustainability and the unforeseen supply chain disruption has thrown up many challenges to logistics operation.

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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How to Buy Pamp Suisse Bullion Online?

IT Supply Chain

By Alice Johnson. Full-Time Professional Blogger. The post How to Buy Pamp Suisse Bullion Online? appeared first on IT Supply Chain.

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Developments Related to Apple- Component Design Shift and CEO Compensation

Supply Chain Matters

Supply Chain Matters highlights two significant developments related to consumer electronics and smartphone provider Apple that occurred last week. Apple Component Design Shift in Custom Displays Citing sources with knowledge of the matter, Bloomberg reported ( Paid subscription or metered view ) that Apple has plans to begin utilizing custom electronic displays utilizing its own custom in-house development designs.

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How Oshkosh is Building Durability and Transparency into a Stronger Supply Chain

Exiger Perspectives

THE CHALLENGE When Oshkosh Corporation reached out to Exiger for help, one of their largest business units, JLG, had already implemented a ‘directed buy’ program—wherein JLG negotiated carbon steel plate on behalf of its n-tier suppliers to secure preferential price and service levels. They were struggling with the administrative costs associated with maintaining a very manual, spreadsheets dependent process.

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Rivian’s Missed 2022 Production Performance and Executive Turnover

Supply Chain Matters

Supply Chain Matters highlights reports that Rivian Automotive fell short of its 2022 vehicle production goal and that several top executives have departed the company, including the company’s purchasing head. Electric vehicle start-up Rivian ’s ongoing challenges for ramping up production reached a further stumbling block with the announcement that the company delivered 20,337 vehicles in 2022, falling short of this company’s highly monitored commitment to produce 25,000 vehicles.

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Why is last-mile software the need for the hour in the logistics industry?

Loginext

This article highlights the importance of last-mile software solution in the logistics industry. It highlights how it can improve efficiency and productivity of the supply chain. The post Why is last-mile software the need for the hour in the logistics industry? appeared first on loginextsolutions.com.

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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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UPS Extends Surcharges into the New Year

Intelligent Audit

In a recent customer update , mega-carrier UPS set off into the new year on what some customers might consider the wrong foot. Rather than removing peak season surcharges following the holidays, UPS has announced that demand surcharges will remain in the foreseeable future. The new UPS surcharges, which come at a lower cost than those instituted before peak season on Oct. 30, took effect on Jan. 15 and will remain indefinitely. .

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3 Common Demand Forecasting Challenges and Solutions

Herlitz Inventory Management

What is Demand Forecasting? Demand forecasting is a vital activity for wholesale and retail purchasing teams. It helps ensure they will have adequate inventory available to meet future demand and avoid stockouts. Demand forecasting is a process that helps retailers and wholesalers predict future consumer demand. There are various forecasting methods available, many of which have been used since the early days of modern retail.

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Supply Chain by the Numbers for Jan. 18, 2023

Supply Chain Digest

US Manufacturing Falls in December. More Dangerous Demographics for the US. Inflation Still High but Slowing.

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The Tusk Logistics Story with Ben Emmrich

The Logistics of Logistics

Ben Emmrich and Joe Lynch discuss the Tusk Logistcis story. Ben is the Co-founder and CEO of Tusk, a small parcel shipping network driving value through lower prices, faster deliveries, and great service. About Ben Emmrich Ben Emmrich is the Co-founder and CEO of Tusk. Ben has spent his career at the overlap of small parcel shipping and ecommerce and led operations and strategic partnerships at Google Shopping and Shippo before building Tusk.

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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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KARL LAGERFELD Embraces ToolsGroup AI-Driven Allocation to Power Global Growth

ToolsGroup

AMSTERDAM & LONDON — January 18, 2023 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, has been selected by KARL LAGERFELD, the iconic fashion brand, to automate smart allocations across its network, enabling the company to scale as it focuses on global growth. To fortify and streamline inventory management operations, the company has appointed ToolsGroup Retail Forecasting , Allocation , and Replenishment.

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Supply Chain News on US Warehouse Market Stayed Strong in 2022, but Signs of a Slowdown as seen in Q4

Supply Chain Digest

Growth in Lease Rates Reaches All Time High Last Year

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Artificial Intelligence in Court

Enterra Insights

For the first time in history, a defendant has agreed to use artificial intelligence (AI) to defend themself in court. Admittedly, the stakes aren’t that high. The defendant will be fighting a speeding ticket — not exactly a capital offence. So, what’s all the fuss about? Freelance writer Jennifer Asencio explains, “This will be the first time that artificial intelligence is used in this capacity as it is illegal to use technology this way in many places.”[1] She also not

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Supply Chain Graphic of the Week on An Interesting Chart on CO2 Emissions

Supply Chain Digest

CO2 Levels Just Continue to Grow

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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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Five Strategies to Accelerate Warehouse ROI

Supply Chain Brain

Warehouses play a critical role throughout the channel. Following are five strategies to accelerate the initial return on warehouse investment, and augment the ongoing ROI of these increasingly crucial spaces.

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Weber Logistics Appoints Gary Kendle to succeed Jerry Critchfield as VP of Transportation

West Coast and California Logistics

Weber Logistics has promoted Gary Kendle from Sr. Director of Transportation to VP of Transportation. Gary succeeds Jerry Critchfield, who is retiring after decades of leadership in Weber Logistics’ Transportation division.

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Microsoft to Cut 10,000 Jobs in March as Tech Firms, Including Amazon, Thin Ranks

Supply Chain Brain

Sector reacts to post-pandemic shift in digital spending and gloomy economic outlook for 2023.

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Client Alert: Joint Agency Statement on Crypto-Asset Risks to Banking Organizations

Exiger Perspectives

On January 3, 2023, the Federal Reserve, FDIC, and OCC (“the agencies”) released a joint statement on crypto-asset risks to banking organizations. The statement highlights myriad risks posed by banking sector exposure to the cryptocurrency market, including: Fraud and scam exposure; Lack of consumer protections; High volatility; Contagion risk; Lack of mature risk management and governance processes; and Vulnerabilities to illicit finance.

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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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The Pick and Pack Fulfillment Process

Kanban Logistics

The COVID-19 pandemic, and the resulting eCommerce boom, showed many B2C companies that they need help with timely order fulfillment. Whether due to an inability to handle high order volumes or simply inexperience in the B2C marketplace, these companies have turned to a third-party logistics (3PL) provider to handle pick and pack fulfillment operations.

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Data privacy, AI-powered search engines, and API trends – January 2023 Digital News Desk

Axway

For the first round-up of 2023, we’re talking data privacy in the cloud and regional complications, Microsoft’s bid to integrate a popular AI chatbot into its search engine, some of the top API trends to keep an eye on in …

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o9 Solutions corporate year-end grant donation to Khan academy

o9 Solutions

Earlier this year, o9 became a signatory of the CEO Action for Diversity and Inclusion pledge and, as part of that commitment, Chakri Gottemukkala, Co-founder and CEO of o9 Solutions, committed himself and the company to take actions that support creating opportunities to expose underrepresented populations around the world to STEM education and careers.

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Warehouse Demand Remains Strong in Slowing Economy Says Prologis

Supply Chain Brain

Broader industry measures show leasing has slipped and vacancy rates rose at the end of 2022, but the declines are coming from record levels.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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Top 10 Successful Entrepreneurs in India that are Changing the eCommerce

Vinculum

E-commerce is growing in a gigantic way to flourish the market with brand products and attract customers to it in a specific way. They use social media platforms like Facebook, Instagram, and other relatable platforms to advertise or campaign particular brand products to gain customers’ attention. When you scroll through such apps, you will get ads for many brand products or startup companies to hike the sales of the products in a significant way.

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With Days Until it Bans Russian Fuel Imports, Europe Forgoes Diesel Shipments

Supply Chain Brain

The movements suggest that, despite the impending collapse in Russian cargo deliveries to the EU, the U.S. may have an even more acute supply situation.

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“Culture eats strategy for breakfast”: The argument for creating an analytics culture

NC State SCRC

The following is a guest blog from Craig Lukasik , one of my former MBA students from the Poole College of Management’s supply chain program. I was really pleased when he contacted me about this blog, and am delighted to feature it here. Thanks Craig! Some managers ignore catchy phrases like this one that was popularized by managers in the early 2000s and is often incorrectly attributed to the management guru Peter Drucker.