Mon.Feb 07, 2022

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Uncanny. The US GDP in 2021 grew at an unexpected rate of 5.7% in the second year of the pandemic. To understand the phenomenon , the 2019 GDP was 2.16%. Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports.

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The Top 15 Retail Trends for 2022

ToolsGroup

The wonderful world of retail. As 2021’s holiday shopping statistics proved, pandemic or not, consumers are willing to spend. (My credit card statement will also attest to this fact). And while the year ahead may hold some challenges – try not to flinch too hard at the word “inflation” – it’s also full of opportunities. The Retail Trends Shaping How We Shop in 2022.

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The Labor Shortage Problem: Why It’s Bigger Than You Think and How to Address It

Talking Logistics

In a survey of our Indago supply chain research community conducted in October 2021, we asked, “Which parts of the physical supply chain are the most broken or need the most fixing?” Not surprising, ocean ports ranked first, but labor was a close second. Simply put, the demand for labor across all parts of the. Read more The Labor Shortage Problem: Why It’s Bigger Than You Think and How to Address It.

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Digital Supply Chains Require People, Processes, and Technology

Enterra Insights

It took years of wandering for the supply chain to end up in the morass in which it currently finds itself. Although portions of the supply chain are functioning well, many consultants believe a true transformation is needed in order to make the global supply chain more resilient. Such a transformation will take time, effort, and, of course, money. Too often, discussions about supply chain transformation focus on emerging technologies forgetting that true transformation involves people and proce

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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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Get to Know Your Transport Organisation, Your Network, and Your Partners

CHAINalytics

Don’t treat transport like a commodity. Transport keeps supply chains moving and customers happy. However, in too many cases, transport is managed as a commodity. As if there was high availability of it, with many alternatives, and competition based primarily on price with little added value. In fact, many transport organisations are managed around that … The post Get to Know Your Transport Organisation, Your Network, and Your Partners appeared first on Chainalytics.

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Supply Chain Automation: The Key to Optimizing your Supply Chain

Supply Chain Brief Submitted Articles

As supply chains continue to become more complex, supply chain automation is now crucial.

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The pros and cons of low code tools for manufacturers

SYSPRO Smarter ERP

Every manufacturing organization is striving for continuous improvement, and for that to occur the workforce needs to come with solutions to existing problems. These solutions usually require the usage of software-based technologies that necessitate the participation of IT specialists and developers, resulting in bottlenecks in the deployment of new solutions.

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Impact of hydrogen on logistics Part 1: Road Transportation

All Things Supply Chain

The future belongs to hydrogen, to green hydrogen – that’s what we frequently hear and read these days.

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Americans Face Record Metals Prices as Shipping Costs Surge

Supply Chain Brain

Surging prices of the raw materials needed for your refrigerators, automobiles, window frames and plumbing show no signs of abating as America’s supply chain crisis spills into another year.

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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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Director of Critical Infrastructure comments on recent supply chain attacks

IT Supply Chain

By Trevor Dearing (pictured). Director of Critical Infrastructure Solutions, Illumio. The post Director of Critical Infrastructure comments on recent supply chain attacks appeared first on IT Supply Chain.

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Selecting the Best Warehouse Management Solution for Your Operations

Supply Chain Brain

Recent supply chain disruptions have magnified ongoing trends that continue to challenge distribution operations. Warehouse management system (WMS) vendors have positioned new capabilities and existing features as key tools for addressing these challenges.

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Logistics Skills – The Panacea The Pharma Sector Needs

IT Supply Chain

By Leigh Anderson (pictured). Managing Director. Bis Henderson Recruitment. The post Logistics Skills – The Panacea The Pharma Sector Needs appeared first on IT Supply Chain.

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Embracing Digital Hazmat Training

Supply Chain Brain

Safely and compliance in shipping and handling dangerous goods and hazardous materials have become increasing complex and challenging. This makes DG compliance across the supply chain a moving target, one that requires proper training. Unfortunately, for many organizations, DG training is insufficient and ineffective, putting them at risk of serious operational, financial and environmental consequences.

Training 101
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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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Health Supply Chains: Checking in with Deborah Dull

Logistics Bureau

We hope you enjoyed viewing Rob’s 2020 video with Deborah Dull on the topic of circular supply chains or reading the transcript of that interview that we published recently. If so, you might be pleased to know that it was only the first of three occasions when Deborah shared her supply chain management insights on the Supply Chain Secrets YouTube channel.

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Operationalizing AI Through Intelligent Data

Supply Chain Brain

Digital technology in the supply chain, such as artificial intelligence and machine learning, supports end-to-end decision-making, and visibility into both network-wide supply-demand information and operational level response. These technologies run on data, which makes timely and accurate data collection, validation, management and analysis fundamental to advancing digital optimization strategies.

Data 95
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Shipping container shortages and how to better manage your inventory

EazyStock

The effects of COVID-19 on global supply chains have been far reaching. The shipping industry in particular has been hit due to the displacement of containers blocking ports and causing global shortages. Businesses around the world continue to be affected by longer lead times, which are made worse by global lockdown regulations and staff and truck driver shortages.

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Ensuring the Safety of Lithium Battery Shipments in E-Commerce

Supply Chain Brain

The use of lithium batteries, which power laptops, cell phones, medical equipment and more, continues to grow. The trend has brought with it stricter rules and harsher non-compliance penalties around lithium battery shipments, creating greater challenges for companies that manufacture and distribute them, and the technologies that rely on them. To maintain a safe and efficient supply chain in the face of these e-commerce challenges, companies need to rethink their approach to packaging.

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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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Key Takeaways from Manifest with Pam Simon

The Logistics of Logistics

Key Takeaways from Manifest with Pam Simon. Pam Simon and Joe Lynch discuss key takeaways from Manifest. Pam is the Conference Chair of Manifest a global logistics tech show bringing investors, leaders and innovators from around the world together. About Pam Simon. Pam Simon is a successful entrepreneur and business connector with more than 15 years of experience in event production, content creation, experiential marketing and angel investing.

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The Payment Tech That's a Win-Win for Suppliers and Buyers

Supply Chain Brain

Timely payment is a persistently weak link in the financial supply chain. Though that has always been the case, the pain companies feel as a result of late payment has become more severe in the past two years.

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Top of Mind Issues for Procurement Leaders in 2022

ivalua

The post Top of Mind Issues for Procurement Leaders in 2022 appeared first on Ivalua.

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IRT’s Critical Role in the Clinical Supply Chain

Supply Chain Brain

Interactive response technology (IRT), also referred to as randomization and trial supply management (RTSM), plays a central role in managing the drug supply during a randomized clinical trial.

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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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Meet Mr. Versatile of LogiNext, Kanishk Jain

Loginext

An engineer from IIT Roorkee, Kanishk took on the startup world head on straight away as he joined LogiNext and started his career in the exciting world of Enterprise SaaS.

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To Cope With Supply Chain Disruption, Shippers Need Diversified Networks

Supply Chain Brain

In today’s rapidly evolving environment, where demand is outweighing supply, shippers are prioritizing access to diversified and scaled capacity networks. Shifting away from traditional, demand-reactive sourcing methods to a dynamic capacity network ensures shippers are building sustained resilience and versatility in their supply chains.

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3D Printing’s Next Revolution

Logistics Viewpoints

James DeMuth, CEO of Seurat Technologies. Additive manufacturing, or 3D printing, has been around in one shape or form for a while. There has been a lot of interest in 3D printing for easing supply chain congestion, especially when it comes to small spare parts. Well, 3D printing’s next big act could be manufacturing large metal objects. If this method can be used on a large scale, US supply chains could be reimagined.

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How Technology Aids in the Safe Shipment of Dangerous Goods

Supply Chain Brain

Dangerous goods (DG) shipping regulations can be complex and vary by country and transportation mode, making it challenging for shippers to ensure that all shipments are compliant. This is especially true for organizations with multiple locations or business units, which often have different shipping processes or partners, and manage many variables and priorities across the supply chain.

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Embedded Analytics: A Force Multiplier for Business

The possibilities for embedded analytics to drive real value for businesses, end users, and society are as fascinating as they are limitless. No matter the industry, brand after brand is finding that analytics can be the solution to a multitude of business challenges. Go deep with five insightsoftware customers as they share the details of their analytics journeys and discuss the transformative power of data.

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Why is Tail Spend Management Important But Often Overlooked?

EC Sourcing Group

Why Is Tail Spend Management Important but Often Overlooked? Spend management refers to the process of managing company purchasing and relationships with suppliers to keep track of every dollar spent , resulting in procurement cost reduction. Spend analysis is broken down into categories (category management), and tail spend often is not included. Tail spend in procurement refers to spend that falls outside of the typical large purchases a company would make, which makes these purchases difficul

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Balancing Supply Chain Demand With Available Talent

Supply Chain Brain

Talent availability and fit is consistently a topic of concern among senior supply chain leadership. The competitive job market, impacts from the pandemic, and increased regional demand for hourly talent have amplified this ongoing challenge. Labor growth strategies have historically focused on acquiring talent through pay incentives. However, sophisticated companies have matured past simply competitive hiring strategies, and have now turned to forms of development and investment in their curren

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Why automation is the next step in your dispatch optimization journey

Locus

John is a floor supervisor at a high-growth e-commerce company. One of his key tasks is to take stock of the various shipments to be delivered and assign them to delivery executives. As a floor supervisor, John has intimate knowledge of the strengths of each delivery executive and the vehicles that they drive. With these insights, and on the basis of delivery priority for each parcel, he painstakingly chalks out delivery routes.