Fri.Mar 08, 2019

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How Machine Learning Helps Supply Chain Forecasting

AFFLINK

When paired with the Internet of Things, machine learning can create a truly powerful system for supply chain forecasting. Machine learning is able to improve supply chain management in a multitude of ways , primarily through analysis and pattern recognition. Meanwhile, IoT devices can produce large, accurate data sets from which an organization's forecasting algorithms and tools can learn.

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Career Advice that Will Inspire You on International Women’s Day

JDA software

This week, we present a special edition of Wednesdays for Women for International Women’s Day , where we shine a light on some of the best advice some of our female leaders have received from their mentors through the years. If you want a seat at the table, earn it but then use it unapologetically. If you don’t use it, you will lose it. Most importantly, always be yourself – in EVERY interaction.

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Pros and cons: Brokered vs. direct shipper freight

DAT Solutions

The kind of freight you choose to haul, whether it's through a broker or direct from a shipper, is an individual decision that is determined by a person's wants, needs and goals. I choose to work just with brokers, and February marked my seventh year pulling only spot market loads. Every month I compare my average loaded rate per mile with the national average contract rate.

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The Growing Importance of Utilizing Analytics in the Supply Chain

GlobalTranz

Supply Chain executives can no longer dismiss the importance of using analytics in the supply chain. Analytics provide invaluable insight into business operations of any size, and according to McKinsey and Company, applying analytics in complex supply chain processes can lead to increased capacity, better efficiency, and higher profit margins. To understand the growing importance.read More.

Analytics 154
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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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This Week in Logistics News (March 4-8, 2019)

Talking Logistics

We didn’t think he would visit us this year, but then came the snow storm early Monday morning, and with schools closed, Billy Bob Joe V finally showed up. My kids, with the help of neighborhood friends, used their muscles and brains (and ladders and shovels) to build the 13 ft. 3 in. snowman (over 15 ft. with the hat). The hours-long construction project involved shoveling the driveway and sidewalk for raw materials, so by the time I got outside to help shovel, all of the work had already been

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Internal consultants

Supply Chain Movement

Which strategic choices does a company face? This question was covered in depth during a recent – and extremely interesting – workshop for supply chain managers and directors at Nyenrode. Just a couple of the 40 participating executives had a say in their corporate strategy. The rest viewed the supply chain strategy and its execution as being derived from the strategy decided at the top.

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An Open Letter to all Women

DynaSys

Today, March 8, is not only International Women’s Day, but a day of reflection. Think back 5, 10, 15 years ago; are you the same person you were back then? My guess is probably not based on my personal experience. 15 years ago, I was a bright-eyed high schooler with my nose buried in fashion magazines who was told no one would ever take me seriously based on the way I looked and dressed. 10 years ago, I was enrolled at my dream university discovering and developing my passion for marketing. 5 ye

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Career Advice that Will Inspire You on International Women’s Day

BlueYonder

This week, we present a special edition of Wednesdays for Women for International Women’s Day , where we shine a light on some of the best advice some of our female leaders have received from their mentors through the years. If you want a seat at the table, earn it but then use it unapologetically. If you don’t use it, you will lose it. Most importantly, always be yourself – in EVERY interaction.

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NASA’s Approach to Teamwork and the MRO Supply Chain

Synovos

A contingent from Synovos recently participated in a supplier conference in Orlando. It was a well-attended event that included a keynote address from Mike Massimino, former NASA astronaut and current professor of mechanical engineering at Columbia University. If you’re a fan of The Big Bang Theory TV show, you probably know Massimino played himself in a recurring role a few years ago.

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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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How Can Companies Unlock Africa’s Vast Markets? Four Challenges and How to Address Them

MIT Supply Chain

Africa’s untapped potential as an economic powerhouse is attracting increasing interest. But before they can realize this potential, companies need to build supply chains capable of supporting growth in African markets. It’s a formidable challenge, but much of the required expertise already exists if companies know where to look. To view the complete post go […].

Company 40
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NASA’s Approach to Teamwork and the MRO Supply Chain

Synovos

A contingent from Synovos recently participated in a supplier conference in Orlando. It was a well-attended event that included a keynote address from Mike Massimino, former NASA astronaut and current professor of mechanical engineering at Columbia University. If you’re a fan of The Big Bang Theory TV show, you probably know Massimino played himself in a recurring role a few years ago.

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Emerging Nations Put Oil and Gas on a 30-Year Growth Trajectory

Maine Pointe

Tony Planos, VP Oil & Gas, discusses some major challenges the oil & gas industry will face in the next three decades and considers what the industry can do today to prepare for tomorrow.

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Enhance Cross-Functional Collaboration With Communities of Practice

Supply Chain Brain

Supply-chain leaders know the importance of collaboration better than most.

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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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Changes to the On Time In Full (OTIF) Retail Compliance Program

CH Robinson Transportfolio

Staying on top of shifting retailer requirements can be overwhelming—especially if you’re working with multiple retailers. Variable and unanticipated demands often bring unique challenges to retail supply chains and transportation. That is why it is vital to work with a provider that has a deep understanding of each retailer’s supply chain goals, operations, and compliance requirements.

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Questions Abound about Smart Cities

Enterra Insights

The term “smart city” is tossed around a lot during discussions about the future of urban environments. Nevertheless, people continue to ask questions like: What is a smart city? What makes a smart city? What are the essential characteristics of a smart city? In some ways, those questions are understandable. Cities are unique. London is different than Paris which is different than Beijing which is different than New York.

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Bonanza Guest Blog: How to Increase Repeat E-commerce Business and Build a Loyal Customer Base

Shapiro

To succeed as a seller, sometimes you have to think like a buyer. When you decide to purchase an item online, you’re likely going to do a quick search before picking whichever seller has the best reviews and/or lowest price… unless you’ve previously had a memorable experience with a particular seller. Perhaps you were impressed with how quickly your last order from that seller arrived.

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Shifting Gears in Automotive

APICS

Increasingly, teenagers are choosing not to get a driver’s license at all. Likewise, more adults today are opting to forgo a car. Instead, they are living and working in big cities, enjoying the convenience and time savings of Uber, and electing to do their part to reduce planet-warming emissions. Even most automotive industry executives believe that a full 50 percent of current U.S. car owners will lose interest by 2025.

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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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Amazon Purges Suppliers in Push to Boost E-Commerce Profits

Material Handling & Logistics

Pushing suppliers onto the marketplace lets Amazon offload the risk and cost of purchasing, storing and shipping the merchandise, but still lets company charge suppliers for these services and take a commission on each transaction.

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The Digital Revolution in Procurement

HICX Solutions

Don’t you just love positive surprises? This might be harsh, but I imagine many people would be surprised if they learned that a small national grid operator had hired engineers, data geeks and software scientists into their procurement team. The reason for this? To empower and allow them to spend 20% of their time working on innovative tech solutions that will transform their line of work, and ask them to build solution blue prints and actual solutions that will specifically improve the l

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Get Your Inventory Management In Shape With These 3 Tips

Unleashed

The aim of any business is to be profitable and to increase customer interest and loyalty so that you build a brand and reputation that can stand the test of economic setbacks or changing times. This is achieved certainly by designing, manufacturing and marketing great products or services that ooze quality and appeal, however, it is also achieved by getting the basics right every time in terms of having perpetual stock, smooth and efficient processes and reduced order or lead times.

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CIOs, Think Outside the Centralized Box: It’s Time for the Decentralized Web

Janeiro Digital

Earlier this year I predicted , “Companies that start exploring the decentralized web will be ahead of the game.” Judging by the audience attending the upcoming Leading Edge Forum’s The Decentralization of Everything Seattle and San Francisco Tour (March 17-22 2019), I see that I’m not alone. On March 18, I’m thrilled to join 40-50 CIOs and CDOs from some of the largest companies around the world to learn about their big dreams for innovation and explore how the decentralized web could make them

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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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Happy International Women’s Day! ??

Freightera

Happy International Women’s Day! Women in trucking, technology, customer service, marketing, sales, medicine, education, moms taking care of their kids at home, women in all walks of life, we appreciate you! ??. The post Happy International Women’s Day! ?? appeared first on Freightera Blog.