Mon.Jul 29, 2024

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What Does a Tier 1 Warehouse Management System Include?

Logistics Viewpoints

A Tier 1 WMS Should be Capable of Complex Optimization ARC Advisory Group does global market research on the warehouse management system market. We write about trends in this study. I am the author of this year’s study. One trend I believe is imminent is that the market appears to be poised to bifurcate in terms of functionality. There will increasingly be Tier 1 solutions with complex optimization.

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Gen Z Getting Into Supply Chain Management

Talking Logistics

Are your kids interested in learning about supply chain management? Are any of them pursuing (or have gotten) a degree in the field? In my case, my kids have certainly become more aware about supply chain management since the pandemic, but none of them (so far) have pursued a degree in it. My two oldest. Read more The post Gen Z Getting Into Supply Chain Management appeared first on Talking Logistics with Adrian Gonzalez.

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Online Procurement System: Guide to Choosing the Right Tool

Precoro

In today’s digitalized world, more and more companies are moving away from paper and spreadsheet-based processes in favor of more accurate, simple, and efficient automation. According to the 2020 Forrester Consulting Thought Leadership Paper , 72% of business decision-makers agree that digital processing increases resilience. Procurement operations are no exception.

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Empowering Tomorrow's Planners: Essential Skills for Success

Supply Chain Brain

With increased availability and deployment of technology to support and automate planning processes, the role of the supply chain planners needs to evolve. The competencies and skills that were important before are no longer relevant. In this session, we will discuss the evolution of the planners' roles, upskilling strategies and creating a safe learning environment.

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Speeding Robotics Automation with AI

The $53 trillion manufacturing economy in the US is undergoing a major automation paradigm shift due to Artificial Intelligence (AI). Thanks to new practical frameworks, automation projects that were once impossible or inefficient to implement are now being fast-tracked, and robotics automation is becoming increasingly relevant to a growing number of users and scenarios.

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Speedy Refunds: Creating Happy Customers With Fast and Effective Returns

BlueYonder

Returns are one of retailers’ biggest problems in today’s e-commerce landscape – with 63% of merchants saying it’s a significant problem for their business. Without effective returns strategies, retailers are experiencing increased costs thanks to processing, sorting and restocking returns – all while damaging the customer’s experience of the brand and increasing their churn rate.

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UPS Recent Financial Performance Not a Surprise

Supply Chain Matters

Last week global parcel and logistics services provider United Parcel Service (UPS) reported weaker revenues and profitability levels for the second quarter , below equity analyst consensus expectations. Consolidated operating profit declined 30.1 percent on a year over year basis. The immediate news of this performance caused a 12 percent decline in the company’s shares in early trading.

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Stord Expands Operations with Acquisition of Pitney Bowes’ State-of-the-Art Fulfillment Center in Kentucky

Stord

Stord’s eleven North American fulfillment centers maximize customer experience while reducing operational costs for omnichannel brands. ATLANTA, July 29, 2024 — Stord , a leader in high-volume fulfillment services and commerce enablement technology for omnichannel brands, today announced the acquisition of Pitney Bowes’ E-commerce Fulfillment business.

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Indications of Peak Reached in Global Container Shipping

Supply Chain Matters

Current published reports and available industry data reinforce indications that the peak both in volume and in ocean container shipping rates may have been reached. Once more, current longer term industry trends imply a period of excess global container vessel ship capacity by 2026. Imports Peaked Earlier The Wall Street Journal reported ( Paid subscription ) on Tuesday of last week that U.S. retailers have been pulling forward their 2024 holiday fulfillment inventory needs as a hedge toward

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Connected Workers: Key to Closing the Manufacturing Skills Gap

Supply Chain Brain

The manufacturing industry is at a critical juncture, as it struggles to cope with a crippling labor shortage and skills gap.

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Tail Inventory: The Silent Cost Driver You Shouldn't Ignore

Learn how centralizing slow-moving SKUs can help reduce fulfillment costs by $300M+ while boosting fulfillment efficiency.

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Mastering Automatic Forecasting for Time Series Data

The Smart Software

In this blog, we will explore the automatic forecasting for time series demand projections. There are multiple methods to predict future demand for an item, and this becomes complex when dealing with thousands of items, each requiring a different forecasting technique due to their unique demand patterns. The post Mastering Automatic Forecasting for Time Series Data appeared first on Smart Software.

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EU Cases of Olive Oil Fraud and Mislabeling Hit Record High

Supply Chain Brain

The incident reports included oils contaminated with unauthorized substances such as pesticides, mineral oils and one case where glass fragments were discovered.

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Every Forecasting Model is Good for What it is Designed for Copy

The Smart Software

With so much hype around new Machine Learning (ML) and probabilistic forecasting methods, the traditional “extrapolative” or “time series” statistical forecasting methods seem to be getting the cold shoulder. However, it is worth remembering that these traditional techniques (such as single and double exponential smoothing, linear and simple moving averaging, and Winters models for seasonal items) often work quite well for higher volume data.

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Fashion Opens the Doors to ‘Econogy’: When Sustainability Yields Economic Benefits

Supply Chain Brain

A challenging economy, coupled with the need to focus on sustainability, are driving change within fashion companies.

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.

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Breaking Barriers: Multi-Language Support in LogiNext’s Delivery Automation Platform

Loginext

LogiNext's delivery automation platform supports over 10 languages, breaking down barriers in the logistics industry. It enables smooth communication, efficient operations, and exceptional customer service worldwide. The post Breaking Barriers: Multi-Language Support in LogiNext’s Delivery Automation Platform appeared first on loginextsolutions.com.

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Stormy Weather in South Africa Splits Apart Beached Cargo Ship

Supply Chain Brain

During a recent storm, 22-foot-swells slammed into the vessel every 15 seconds, cracking the hull and breaking the ship into four pieces.

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Toyota Plans for New EV Battery Plant on Japan's 'Silicon Island'

Supply Chain Brain

The new facility will provide EV batteries for Lexus vehicles made at Toyota's Miyata plant roughly 25 miles away.

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Denso Bets on Automation as Climate Change Threatens Food Supply

Supply Chain Brain

The market is growing for industrialized greenhouses capable of providing fresh produce consistently amid climate change as well as shortages of workers.

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri