Wed.Jun 10, 2020

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The Arguments For and Against Supply Chain Redundancies

Shipchain

Nowadays, all supply chains face a plethora of potential threats, from piracy, to natural disasters, to accidents, to fraud, and so on. And with everything going on with COVID-19, we can safely add a global pandemic to that list. . In truth, there’s no real way to predict when and where these disruptions may occur, leaving businesses vulnerable and at the mercy of external forces. .

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Supply Chain Strategy and the Post-pandemic World

Enterra Insights

“Supply chains were ill-prepared for the pandemic,” writes Lora Cecere ( @lcecere ), founder of Supply Chain Insights.[1] She goes on to note, “The Global Risk Report published in January 2020 highlights the issue. … Based on data collected in the period of September-October 2019 from over 600 business leaders, at the start of the year, the likelihood of a pandemic was low risk.

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The emerging shape of recovery

SupplyShift

The economic impacts of the COVID-19 coronavirus were swift. As countries around the globe responded with shutdowns, demand for some goods and services plummeted and skyrocketed for others. Businesses scrambled to understand and mitigate their risks , which stretched from the point of service delivery to disruptions deep within supply chains. Now it appears the initial response phase is coming to an end.

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A CEO’s Take on Transportation and Coronavirus

Logistics Viewpoints

Transportation and coronavirus have been getting a lot of attention lately. The global supply chain is becoming more complex due to increased regulations, trade wars, cross-border commerce, and most recently, the impact of coronavirus. FourKites founder and CEO Matt Elenjickal shares his thoughts on transportation and coronavirus. The post A CEO’s Take on Transportation and Coronavirus appeared first on Logistics Viewpoints.

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Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

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Be Prepared: Improving Supplier Risk Management In Your Business

ivalua

The Covid-19 pandemic has exposed the fact that many supply chains remain inadequately prepared for a crisis. It’s no excuse to remain passive, though. Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. A reliable supply chain can decrease purchasing and production costs for manufacturers and sellers.

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Improving Your Supply Chain with Analytics and Collaboration

Logility

A leading retailer in the home improvement space was having issues delivering timely reports to its suppliers. They were not capable of providing sell-through reports and this negatively impacted inventory levels and supplier distribution channels. Maintaining their market advantage came at the cost of great complexity – with more than 80,000 individual items for sale at any one time across nearly 150 retail outlets, monitoring individual performance across categories and regions, tracking trend

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Key takeaways from our CogX panel on how to shape the circular economy for 2030

Provenance

What can we do to eliminate waste from product production? How can we build resilience into our current supply chains? And what sort of collaboration and data systems do we need to start turning businesses into a more circular model? See how we addressed this our CogX2020 talk…. This week, our founder and CEO, Jessi Baker, was on a panel at the CogX Global Leadership Summit to discuss the circular economy and where it’s heading.

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Repairing Broken Supply Chains After COVID-19

Supply Chain Brain

So you thought your supply chain was prepared for disruption?

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What is Category Management?

SupplyPike

Learn about: What category management is How to manage it Three basic rules retailers use for category management. When you group products into categories, business units, or the like, it becomes systematic, doesn’t it? This process is known as Category Management. Retail category management helps manage purchases, marketing, sales, and other retail measures on the category, in a general sense.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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What if Your Supplier Had a Yelp Review?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is Supplier Relationship Management (SRM)? Yelp article and permission to publish here provided by Sam Jenks at kodiakrating.com. Has your friend, or partner, ever looked at you and said, “Let’s go out to eat!”? (Side Note: we’re talking about pre- or post- COVID 19 of course).

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The emerging shape of recovery

SupplyShift

The economic impacts of the COVID-19 coronavirus were swift. As countries around the globe responded with shutdowns, demand for some goods and services plummeted and skyrocketed for others. Businesses scrambled to understand and mitigate their risks , which stretched from the point of service delivery to disruptions deep within supply chains. Now it appears the initial response phase is coming to an end.

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Why Solids Control is a Game Changer for the Oil Industry!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Solids Control article and permission to publish here provided by Skyler Malley at diamondtservices.com. Waste is inevitable in any activity of construction, but there is not necessarily an issue so much with waste as there is with how it is dealt with. Technology has been instrumental in helping avoid waste in the oil industry, and that technology is solids control.

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Leverage Customer Service Automation Without Losing The Human Touch

Convey

With Amazon offering low prices, convenience, and fast shipping for free, other eCommerce brands […]. The post Leverage Customer Service Automation Without Losing The Human Touch appeared first on Convey.

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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets.

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Blog: Reinventing EDI for the Modern Supply Chain

Bristlecone

Vikram Kaul, VP, Product Engineering, Bristlecone. When social, political and economic conditions are in a state of flux, it’s natural for businesses to find respite in things that bring a sense of certainty and normalcy to their operations. In uncertain times, the solution can often be found in technologies that are proven and predictable. EDI (Electronic Data Interchange) is one such technology.

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Integrated Assortment Planning: A Vital Capability for Retailers

Supply Chain Management and Analytics

In today’s changing market dynamics, the retail business is getting more competitive by the day. Increasing competition by online marketplaces, along with evolving consumer expectations and shopping patterns are making the category management decisions more complex. As customers’ options increase, so do their expectations. Category management and merchandise planning are at the core of retailing.

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Methods for Managing Procurement Risks

EC Sourcing Group

Methods for Managing Procurement Risks. There is always some level of risk when it comes to contract management in procurement. Learning how to best analyze and monitor these risks before they become a threat to your contract, or worse yet, your relationship with a good supplier, is imperative. . There are many risks in all stages of the supply chain, of which procurement is only a portion.

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Supply Chain by the Numbers for June 11, 2020

Supply Chain Digest

Massive Store Closings,, eTruck Maker Nikola Sees Stock Soar, World Bank Predicts Major Drop in Global GDP, Warehouse, Parcel Jobs See more Gains

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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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Last Mile Customer Experience Grows to Become King of Final Mile

GlobalTranz

Business-to-business (B2B) and business-to-consumer (B2C) shipping experiences play out within the final mile. Today’s customers of both types want real-time access to shipment information and expect automated alerts when things go wrong. As reported by Inbound Logistics, “73% of shoppers believe messages containing order tracking are very important.

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VIDEO: DAT iQ Market Update, What is the next major market driver after produce season?

DAT Solutions

The DAT iQ analytics team takes a weekly look at how the freight markets are responding to the COVID-19 crisis, offering updates on supply and demand, pricing, plus a detailed look at DAT iQ forecasting models and how they are reacting to the business climate.

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Using Test and Learn to optimize marketing amid day-to-day change

Alloy

As consumers start returning to stores again, will in-store promotions have the same impact as before? What will we use to replace sampling? And how will we know if new marketing tactics are effective?

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VIDEO: DAT iQ Market Update, Van rates climb, while reefer rates lose steam

DAT Solutions

This week, DAT Chief of Analytics Ken Adamo speaks with Virginia Addicott, former CEO of FedEx Custom Critical. Virginia shares her insight on how to survive a fluctuating freight market.

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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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What is a Source to Pay Process? Your Procurement Guide

ProcurePort

A source to pay process, or S2P, is a more comprehensive and robust version of a procure-to-pay process. While procure-to-pay processes usually begin with identifying internal needs and submitting departmental requisitions, the source to pay process takes this a step further and adds a higher-level element into the procurement operation. Rather than beginning with departmental […].

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Rising to the Challenge: How MAXAIR Systems Helped Protect Healthcare Workers During COVID-19

Demand Solutions

What’s the first thing you picture when you think about the COVID-19 pandemic? It’s probably masks. The shortage of protective devices made everyone uneasy—especially healthcare workers on the front line of the fight to overcome the deadly virus. For Bio-Medical Devices, International, increasing production during COVID-19 wasn’t just a matter of adjusting to demand.

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Three Indicators to Inform Freight Decisions During a Crisis

Supply Chain Brain

What we learned from the last recession can help companies survive the current shipping landscape.

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Two Critical ERP Challenges with Credit Card Processing Systems

My Office Apps

Two Critical ERP Challenges with Credit Card Processing Systems. In today’s always on world, seamlessly accepting online payments is no longer a differentiator but a basic success requirement for manufacturers, distributors, and service businesses. This means as part of your ERP system you must be able to accept credit card payments from your customers.

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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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COVID-19 Airfreight Business Strong

Operations and Supply Chain Management

Workers at Russia’s Kazan International Airport disinfect a Boeing 747 freighter operated by Volga-Dnepr Airlines. PHOTO: YEGOR ALEYEG/ZUMA PRESS. Airfreight business is providing a bright spot for Boeing Co. in a troubled aerospace market. Cargo carriers added to their plane orders last month even as the aircraft manufacturer registered more cancellations of passenger jets, the WSJ’s Doug Cameron reports, signaling the resilience of expedited shipping demand despite the coronavirus-driven

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Piggly Wiggly Alabama Selects HIMPACT

Herlitz Inventory Management

Piggly Wiggly Alabama Selects HIMPACT by Herlitz Inventory Management to Improve Buyer Efficiencies and Boost Profitability. In February 2020, Piggly Wiggly Alabama signed with Herlitz Inventory Management with the goal of having all purchase orders generated by Herlitz on or before July 4. Even after downtime due to COVID-19, Piggly Wiggly will still meet its goal of planning nearly all July 4 orders through HIMPACT.

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12 Traits of Emotionally Intelligent People

Operations and Supply Chain Management

Published Tue, Jun 9 202011:18 AM EDT. Daniel Goleman, Contributor @DANIELGOLEMANEI. “The Office”: Steve Carell as Michael Scott. (Photo: Chris Haston/NBCU Photo Bank). What makes someone great at their job? Having knowledge, smarts and vision, to be sure. But what really distinguishes the world’s most successful leaders is emotional intelligence — or the ability to identify and monitor emotions (of their own and of others).