Tue.Mar 16, 2021

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Probabilistic Planning and Forecasting Demystified

ToolsGroup

This post was originally published at [link]. I have been blogging and advocating for the past 15 years on probabilistic approaches to planning and forecasting, and am happy to see in the last few years it has finally started gaining traction and attention. But many questions and misperceptions still abound, about what it is and what is required. I could fill a large textbook to explain it all in detail (and I am in the process of doing just that), but here I will touch on a few key aspects.

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Green Corridor: Gemba Your Way to Green!

The Logistics & Supply Chain Management Society

Replace florescent lights with LEDs! Forgo disposable plastic utensils! Reuse all boxes for export packaging! Compel staff to think twice before printing out hard copies of any document! These are just some of the actions that move organizations toward sustainability. By recommending easily actionable solutions and motivating your employees and team members to adopt them are a great way to make them feel they play a part in your company’s overall sustainability journey.

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Philip Morris Drives Manufacturing Insights Using A Digital Twin

Supply Chain Shaman

Supply chains quickly move through fads and buzz words. Over and over again, organizations fall in love with shiny objects moving from concept to concept. Unfortunately, shiny object love fests abound, but they do not drive value. The goal is to transition from fads to drive true innovation. Today, entangled in digital supply chain discussions is the concept of the digital twin.

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Now Is the Right Time for Supply Chains To Do the Right Things

The Logistics & Supply Chain Management Society

OVERVIEW. Without a doubt 2020 will be etched in our memories as the year of multiple disasters, with the Covid-19 pandemic, trade issues between the US and China, wildfires in Australia, social unrest in Hong Kong, drastic declines in oil prices, turbulent financial markets and other politically dominated issues in emerging markets. All these events combined, plunged the global economies into multiple catastrophies—global shutdowns, negative economic growth and huge monitory and human losses.

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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4 Key Attributes of a Supply Chain Technology Platform

Talking Logistics

Every customized order or online purchase creates a new level of complexity in today’s supply chain. More direct-to-consumer orders mean smaller shipments, often with much shorter lead times. In addition, the urban population is growing, which makes roadways more congested and last-mile deliveries more challenging. Another factor adding to supply chain complexity is global growth.

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8 Steps to Building Supply Chain Resilience for Manufacturers in a Post-Covid World

ivalua

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supply chain management activities that can help Procurement teams build and maintain supply chain resilience now and in the years to come.

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LogiSYM Supply Chain Magazine – March 2021

The Logistics & Supply Chain Management Society

LogiSYM—Searching for Sustainability: Balancing Economics and Environmental Objectives in Logistics Download the latest LogiSYM Supply Chain Magazine. In this edition we have several news updates, interesting & enlightening articles and contributions on people & management – topics which are most crucial to the development of the Supply Chain Industry across regions as well as globally.

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Live Webcast: Deliver Better Business Outcomes – Managing Supply Variability

Logility

Part Two of Live Series Uncovers Additional Supply Chain Resilience Insights. ATLANTA – March 16, 2021 – Logility, Inc., a leader in supply chain innovation powering the sustainable and resilient enterprise, invites you to part two of the webcast series, Deliver Better Business Outcomes – Managing Supply Variability. Join industry leaders Lora Cecere, founder, Supply Chain Insights, and Mac McGary, executive vice president, Logility, as they explore how to build a more resilient supply chain to

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How Plant-Based Protein is Shaking Up the Food Industry

Kuebix

When most people think of plant-based proteins they picture products like tofu and veggie burgers. However, the plant-based foods industry has started to move towards products that look and taste like meat without any animals involved. These new options are being advertised as a healthy and sustainable alternative for those who choose not to consume […].

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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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Supply Chain Planning Improvement Implementation Steps

Arkieva

We often see companies wanting to make the transition from spreadsheet-based planning to a best-of-breed supply chain planning system. There is often a question about where to start, what the foundational elements are, and which are the more advanced elements. Supply Chain Planning Improvement Implementation Steps was first posted on March 16, 2021 at 10:02 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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Head stuck in the clouds? Four top tips to implement a successful cloud strategy

IT Supply Chain

By Chris Huggett (pictured). SVP EMEA, Sungard Availability Services. The post Head stuck in the clouds? Four top tips to implement a successful cloud strategy appeared first on IT Supply Chain.

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The Smart Supply Chain in Action!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Preparing Business for the Digital Supply Chain! Oracle Interviews Mike Mortson! Get Our EBook here. As I was recruiting to hire my next CIO I knew that I wanted someone who was more than the traditional I/T person. I didn’t want someone who would just make sure the systems and computers were up and running.

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Winter Storm Spiked Shipment Delays & On-time Performance

IT Supply Chain

By Glenn Koepke (pictured). Senior Vice President, Customer Success, FourKites. The post Winter Storm Spiked Shipment Delays & On-time Performance appeared first on IT Supply Chain.

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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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Let Blue Yonder ICON Ignite Your Customer-Driven Commerce

BlueYonder

Calling all Innovators! Blue Yonder ICON 2021 is right around the corner! Blue Yonder’s annual customer conference – held April 21 – 23, 2021 – will feature powerful keynotes from leading brands and inspiring content—all in an easy to consume FREE digital format. We’re kicking off a weekly ‘what’s new at ICON’ blog series to update you on the latest additions to our agenda, from speakers across customer, partner and keynote sessions, and what you can expect to gain out of your ICON experie

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The Advantages and disadvantages of "Machine-as-a-Service"?

Prophetic Technology

Innovation is the central part of business change and primary compelled to use modern technology, processes and products, the type of change that can influence competitiveness significantly. Pay-on-demand for equipment could be a functional approach for change for small/medium-sized manufacturers.

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Chainalytics Leaders Named “Pros to Know” by Supply & Demand Chain Executive

CHAINalytics

The post Chainalytics Leaders Named “Pros to Know” by Supply & Demand Chain Executive appeared first on Chainalytics.

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How role-based training will benefit your organization

Procurement Academy

Role-based training plays a crucial role in streamlining business operations. It is a practical approach that allows for training in the context of a specific role and resources or skills required to perform that particular role. Although traditional training methods are less costly, they require extensive research to determine the right material and its applicability for employees.

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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

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Is Your Shipping Strategy Costing You Customers?

Freight Center

Nowadays, it’s difficult to tell if your shipping strategy is working for you or against you. With consumer behaviors changing rapidly, it’s more important than ever to continually revise your shipping strategy. Business owners need an optimized shipping strategy for keeping their supply chain moving smoothly and for meeting customers’ expectations.

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From roller skates to recliners, material shortages spread to more industries

Resilinc

As widely reported in the media, a shortage of semiconductors has led to financially painful production delays in automotive, IT equipment, medical devices and other industries. Now, with spring approaching and the pandemic easing in the U.S., demand is surging for a wide range of products—and this demand spike is combining with other factors to create supply constraints for raw materials such as metals, lumber, rubber, plastic polymer, petrochemicals, as well as thousands of parts and component

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What is the Right Cryptocurrency Mining Software for You?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What are Bitcoin Wallets? Get Our EBook here. Mining software article and permission to publish here provided by Jean Nichols. In the early days of Bitcoin’s emergence in 2009, relatively few observers expected that it would come to be a realistic alternative to government-run currencies.

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How to Run a Purchasing Department

Unleashed

Having grown sufficiently, you may find your SME business now has the need for a dedicated purchasing manager – and perhaps even a purchasing department. And while this is an exciting step, we understand it can also be a tad overwhelming. So if you’re a business owner who is wondering how to run a purchasing department, then check out our practical guide below.

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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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A Charity Giveaway for our 30,000 YouTube Subscribers

Logistics Bureau

Thank you so much for supporting our YouTube channel! We hit 30,000 subscribers last week! In appreciation of your support and in celebration of this milestone, we donated: Fresh, clean water to 30,000 people in Ethiopia; Meals to 3,000 children in crisis in Vietnam; Education to 300 children in Indonesia about Rainforest Conservation; and. Eyecare treatment for 30 children in Tanzania.

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SATO launches new Consumables Program

Manufacturing & Logistics IT

SATO Europe has launched a new customer-focused approach to its labels and ribbons ranges, in response to demands for greater operational efficiency and waste reduction across global supply chains.

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Digital Supply Chain & Operations: What Level is Your Organization Now?

Maine Pointe

Nathanael Powrie and Simon Knowles continue their series of articles on the five-level digital supply chain and operations maturity journey from a reactive, legacy supply chain to a forward looking, synchronized digital network optimized for efficiency, agility, growth, quality and speed. This article focuses on the typical attributes of an organization at levels one and two maturity and provides real-world examples of the measurable benefits companies can achieve moving up from these initial ph

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Less Darwin. More Indiana Jones.

Requis

“The industry is evolving.” “Our business is evolving.” “Supply chain is evolving.” You’ve almost certainly heard these things said, and perhaps you have even rolled these off your tongue more than once. I know I have. I just Googled “supply chain is evolving” and got 166,000,000 results. I didn’t manage to go through all of them, but trust me when I say the phrase has been used more than a handful of times.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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The Role of E-Procurement in Supply Chain Management

ProcurePort

A procurement strategy is made up of a myriad of components, processes, and systems. In broad scope, procurement is essentially an organization-wide effort. From accounting and finance to inventory, to production and internal operations; procurement affects every aspect of a company across the board. As such, supply chain management is an integral and vital element […].

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Transportation Costs: Best Practices, Tips & Tools Need to Optimize Spend

Intelligent Audit

The transportation costs associated with operating a business within the trucking industry can appear daunting. However, there are ways that these businesses can attempt to curb some of these costs. These are tips and tools to optimize spending, which will effectively boost profitability and secure savings throughout the supply chain. Leverage advanced analytics to understand the full shipment life cycle.

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What Is Warehouse Automation? Here's Everything You Need to Know

EnVista

In today’s highly automated environment, it is impossible to ignore the impact of technology on our daily lives and in the workplace across every industry. In the context of the disruption caused by the COVID-19 pandemic, it is worth examining potential methods for increased efficiency, process improvements and simple evolution in the supply chain. One of those methods is warehouse automation.