Thu.Mar 11, 2021

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What is Backordering in Materials Management?

EMERGE App

Imagine yourself making huge sales. The rate at which the products are flying-off your shelves is so fast that you can’t match their demand. What happens next? Do you stop selling? You can’t afford to disappoint your customers, lose them to your competitor and spoil your sales. Not at all. To avoid that, you use backordering. What is Backordering? Backordering is allowing your customers to place their orders even when you don’t have enough stock at hand or orders you can’t fulfill.

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Winter Storm Alert: Major Snowstorm Threatens the Rockies and High Plains

GlobalTranz

Meteorologists at Weather.com are predicting “a major snowstorm will likely pummel parts of the Rockies and High Plains this weekend with over a foot of snow that could snarl travel, damage trees and knock out power in parts of Colorado, Wyoming and western Nebraska.” The expected snowstorm follows unseasonably warm temperatures throughout much of the Plains and Upper Midwest.

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Grandmas Have Discovered the Joys of eCommerce

Enterra Insights

Long before the pandemic forced shoppers online, the trend was clear: Consumers were increasingly taking the digital path to purchase. According to Tom Standage ( @tomstandage ), editor of The Economist ‘s ‘ The World in 2021 ‘, “The adoption of new technological behaviors in response to the pandemic, from video-conferencing to online shopping, means usage has already reached levels that were not expected for many more years.”[1] He adds, “Grannies have discov

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Best Practices for Optimal Inventory Replenishment

Vanguard Software

Having a clear inventory replenishment strategy is essential for organizations to avoid critical supply chain issues that result in high costs. Vanguard Predictive Planning™ helps businesses reduce excess inventory levels in the entire supply chain network through algorithmic optimization calculations and machine learning.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Manufacturers Must Adapt to Changing CPG Landscape

Enterra Insights

Like seasons of the year, business landscapes are constantly changing. Nolan Bushnell ( @NolanBushnell ), an entrepreneur best known for establishing Atari and the Chuck E. Cheese, asserts, “Today, companies have to radically revolutionize themselves every few years just to stay relevant. That’s because technology and the Internet have transformed the business landscape forever.

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Supply Chain Management in a Post-pandemic World

Enterra Insights

Experts tell us the virus causing COVID-19 is probably here to stay — along with all the variants of the virus. Shelly Xuelai Fan ( @ShellyFan ), a neuroscientist-turned-science writer, explains, “Coronavirus is almost synonymous with Covid-19, social distancing, and frustration. But it’s not one virus — it’s a whole family. The good news is that we’re already well acquainted with some members of the family.

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As Freight Volumes & Tender Rejections Increase, Why Shipper-of-Choice Status Becomes More Critical

C3 Solutions

Rejections and freight volumes continue to grow in the supply chain. Why? As Supply Chain Dive put it, “ Most decisions on carriers to use, other than the traditional parcel and expedited services, were often based more on pick-up times and the relationship with the driver and the shipper than on customer needs.” The relationship was based on realistic expectations in the supply chain.

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SMEs should look to interim solutions for permanent change

IT Supply Chain

By Leigh Anderson (pictured). Managing Director, Bis Henderson Recruitmentt. The post SMEs should look to interim solutions for permanent change appeared first on IT Supply Chain.

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For Cybercriminals, Covid Is the Gift That Keeps Giving

Supply Chain Brain

Hackers are going after companies at every level of the COVID-19 vaccine supply chain.

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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 ‘human digital twin’ technology improves safety & productivity

IT Supply Chain

By Andreas Koenig (pictured). CEO of ProGlove. The post How ‘human digital twin’ technology improves safety & productivity appeared first on IT Supply Chain.

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Understanding the Bitcoin Mining Process!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Reasons for Bitcoin Price Fluctuations ! Get Our EBOOK HERE. Bitcoin mining article and permission to publish here provided by Jean Nichols. Bitcoin is a medium of exchange that means it acts like cash, but in reality, they are not printed but mined like gold or other precious metals.

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The COVID vaccine is a utility, and what we need is a global vaccine visibility system

NC State SCRC

Let’s face it – the COVID vaccine is not a medical product in the traditional open market sense, produced by a company that competes with others based on the strength of their intellectual property. The vaccine should be considered in the context of a utility – because if it does not flow between countries, the lights will go out on the global economy.

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Beating Your Chemical Supply Chain Challenges | Roambee

Roambee

The chemical supply chains stand at the crossroads of another upgrade; on one end there are traditional methods that pose challenges and on the other you have compelling technology solutions. Discover the significant challenges that lack of real-time visibility brings and how your organization can cope with them better.

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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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No Congestion Issues at the Port of Virginia

Kanban Logistics

If you’ve seen the word “port” in the news recently, it’s usually followed by another word: “congestion.” Major seaports, most notably the Ports of L.A. and Long Beach, are experiencing severe congestion due to record volumes as US businesses replenish inventories that were depleted after COVID-related manufacturing shutdowns. The Port of Virginia is a notable exception.

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How to and What to Consider as Total Transportation Costs

MercuryGate

There is a critical metric that managers must closely monitor within the supply chain industry- total transportation costs. This is the average cost incurred for moving products from point A to point B along the supply chain. It includes operational costs, packing, shipping, employee pay, fleet maintenance, and all other fees and expenses related to […].

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The White House’s Call for Critical Supply Chain Reviews: Get Ready

Jaggaer

The post The White House’s Call for Critical Supply Chain Reviews: Get Ready appeared first on JAGGAER.

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Commonwealth of Virginia Uses Ivalua’s Platform for Transformation of eVA Procurement System

ivalua

System will help improve efficiency and the purchasing experience for government employees and vendors. Redwood City, CA March 11, 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that the Virginia Department of General Services (DGS) has awarded a contract to CGI, which is using the Ivalua platform as the technology to support the transformation of the Commonwealth’s eVA program. eVA is Virginia’s award-winning eProcurement portal, which provi

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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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China’s Microsoft Hack, Russia’s SolarWinds Attack Threaten to Overwhelm U.S.

Supply Chain Brain

China’s global attack on Microsoft’s popular email software revealed last week and an equally sprawling Russian attack discovered three months ago have created a two-front war that threatens to overwhelm cybersecurity’s emergency responders.

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Attracting and retaining logistics workforce talent during COVID

West Coast and California Logistics

Contrary to the high unemployment reported in other industries since the start of the COVID-19 pandemic, competition for logistics workforce talent is more heated than ever. In this article, we’ll examine the current logistics labor landscape and provide tips on how to attract and retain the talent you need to keep your operation moving forward.

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Smart Sourcing Bots Are Taking On Air Freight Procurement

Supply Chain Brain

One area that’s especially ripe for transformation is in the sourcing of air-freight shipping, for which demand continues to skyrocket as capacity remains scarce.

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How Lean CPG Teams Can Work Smarter, Not Harder

crisp

Retail food sales are still going strong as the pandemic lingers, but CPG brands often face challenges capturing this growth: it’s hard to know what to spend on, where to focus, or how to keep up with the rapid changes brought on by the past year.

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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 19 best inventory management software features to look for

Unleashed

The best inventory software solves a lot of problems – and should open up opportunities too. Below we explain the must-have inventory management software features you need when investing in a proper inventory management software solution. We’ll also look at some of the value-adding bonus features of the best inventory management software solutions on the market.

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Does Your Brokerage Get Better Every Time You Talk to a Carrier?

Parade

Every day across America, sure as the sun rises, freight brokers will be talking to carriers and helping them find work. All too often this has been a purely transactional conversation - I have load xyz, can you take it? - instead of a conversation that both secures today's transaction and builds a stronger ongoing relationship. But today Parade is changing that with our new Lanes & Trucks feature.

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Logistics & Transport: Adapt Fast or Disappear

Supply Chain Brain

Are you ready to weather the next crisis? Download this report and revamp your operations strategy with emerging industry trends.

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Does Your Brokerage Get Better Every Time You Talk to a Carrier?

Parade

Every day across America, sure as the sun rises, freight brokers will be talking to carriers and helping them find work. All too often this has been a purely transactional conversation - I have load xyz, can you take it? - instead of a conversation that both secures today's transaction and builds a stronger ongoing relationship. But today Parade is changing that with our new Lanes & Trucks feature.

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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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ThinkIQ Announces New Suite of Manufacturing SaaS Solutions

Supply Chain Brain

ThinkIQ, a provider of digital manufacturing transformation SaaS, recently announced a suite of new solutions under their SaaS manufacturing platform, which features four new areas of data functionality, including ThinkIQ’s Visualize, Insight, Transform and Enterprise solutions.

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Does Your Brokerage Get Better Every Time You Talk to a Carrier?

Parade

Every day across America, sure as the sun rises, freight brokers will be talking to carriers and helping them find work. All too often this has been a purely transactional conversation - I have load xyz, can you take it? - instead of a conversation that both secures today's transaction and builds a stronger ongoing relationship. But today Parade is changing that with our new Lanes & Trucks feature.

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Britain Delays Brexit Import Checks to Avert Disruption

Supply Chain Brain

The U.K. government says it will delay imposing post-Brexit checks on imports coming from the European Union in a bid to avert disruption to supplies this summer.