Tue.May 16, 2023

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4 Crucial Commodities to Watch in 2023

Resilinc

Your business likely relies on raw materials experiencing significant price fluctuations or shortages. Many industries are facing challenges with critical commodities due to events such as geopolitical conflicts, ESG legislation, climate-related issues, and stockpiling (which leads to extreme demand shifts). In this blog, we look at the top high-risk commodities to watch in 2023, including where they come from, what they are used for, and why you should pay attention. #1 Cobalt Turbine engines,

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Your Must-Have Gartner Debrief: The 4 Key Takeaways from Gartner Supply Chain Symposium/Xpo 2023

ToolsGroup

Gartner Supply Chain Symposium/Xpo 2023 has wrapped up its 3-day event in Orlando, Florida. Featuring over fifty Gartner experts and more than 140 research-driven sessions, this year’s conference gathered over 3,700 supply chain professionals from across North America and beyond. Our team was energized by the insightful conversations we had and sessions we attended, and we’re excited to share what we’ve learned!

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Keeping Up with Consumers

Enterra Insights

Trying to paint a picture of the current consumer packaged goods (CPG) space would require an artist experienced in abstract impressionism. Looking at such a picture, viewers would be forced to ask, “What’s going on here?” McKinsey & Company analysts, Tamara Charm , Jason Rico Saavedra , Kelsey Robinson , and Tom Skiles , suggest such a picture should be called “The Great Uncertainty.” They write, “Whether it’s at gas pumps or in grocery stores, people acr

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Maersk Innovation Center Opened in New Jersey

Supply Chain Brain

The center will concentrate on end-to-end supply chain visibility, supply chain resiliency, distribution data, climate change solutions, retail fulfillment and education/employee training.

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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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Keeping construction connected

IT Supply Chain

By Kristian Torode (pictured) Director & Co-Founder, Crystaline The post Keeping construction connected appeared first on IT Supply Chain.

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VeChain: The Blockchain for Supply Chain Management

IT Supply Chain

By John Hampton (pictured) Content Writer The post VeChain: The Blockchain for Supply Chain Management appeared first on IT Supply Chain.

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Supply Chain Secrets 200th Episode – And a Bonus

Logistics Bureau

Wow! We hit 200 Supply Chain Secrets videos! Thank you so much for your support and interest! And as a special thank you, we are offering a 50% discount for the first 200 people at our online learning hub, right here. The promo code is in the video!

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Open Innovation: Developing Sustainable Solutions Through Collaboration

IT Supply Chain

By Lee Metters (pictured) Group Business Development Director, Domino Printing Sciences The post Open Innovation: Developing Sustainable Solutions Through Collaboration appeared first on IT Supply Chain.

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The Global Supply Chain Marketing Summit: Speaker Preview

Supply Chain Brain

A look at the lineup of speakers scheduled to appear at the first-ever Global Supply Chain Marketing Summit, presented by SupplyChainBrain and the Council of Supply Chain Management Professsionals.

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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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Building the Business Case for Satellite IoT

IT Supply Chain

By Eric Ménard (pictured) Vice President Strategy & Business, Astrocast The post Building the Business Case for Satellite IoT appeared first on IT Supply Chain.

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Crisp partners with Seek and Snowflake to help CPGs solve out-of-stocks

crisp

The new collaboration between Crisp, Seek and Snowflake provides brands with insights to improve forecasting, track inventory, and expand distribution. Out-of-stocks (OOS) cost brands over $120B annually in lost revenue and compliance fines. They’re a major pain point for both CPGs and their retailer partners — but unfortunately, solving them can feel like an even bigger headache.

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World Telecoms Day: how can we bridge the digital divide?

IT Supply Chain

By Hamish White (pictured) Founder & CEO, Mobilise The post World Telecoms Day: how can we bridge the digital divide? appeared first on IT Supply Chain.

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Data Analytics: The Secret Ingredient to Efficient Inventory Management

RFgen

Inventory drives the supply chain, ensuring the right amount of stock is available in the right place at the right time. But as supply chains continue to get more complex each year, delivering on target and on time becomes more difficult. That’s why most inventory handlers leverage data. The role of data analytics in optimizing inventory management processes has become increasingly important.

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GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. Whether from geopolitical tensions or the havoc caused by the pandemic and its aftershocks, plenty of challenges remain. Despite this, leaders are seeing a glimmer of light at the end of the tunnel — inflation is decreasing, interest rates are leveling off and supply chain volatility is easing.

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Implementing Effective Compliance and Risk Mitigation Measures

IT Supply Chain

By Richard Pearson (pictured) Content Writer The post Implementing Effective Compliance and Risk Mitigation Measures appeared first on IT Supply Chain.

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Exiger Acquires Industry-Leading Software Supply Chain and SBOM Management Platform Ion Channel

Exiger Perspectives

C-SCRM completes market’s first comprehensive, centralized supply chain solution NEW YORK, NY. May 16, 2023 — Exiger , the SaaS company revolutionizing the way corporations, government agencies and banks manage supply chains, today announced that it has acquired Ion Channel , a best-in-class software supply chain risk management platform. The acquisition marks a major milestone for supply chain risk management (SCRM) as Exiger becomes the first and only technology company to illuminate every dim

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Developing Sustainable Solutions Through Collaboration

IT Supply Chain

By Lee Metters (pictured) Group Business Development Director, Domino Printing Sciences The post Developing Sustainable Solutions Through Collaboration appeared first on IT Supply Chain.

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How Multimodal Shipping Optimization Maintains Cost Control

MercuryGate

As supply chains become increasingly interconnected and complex, more companies turn to multimodal shipping optimization to maintain control over freight costs. By leveraging diverse transportation modes, you can ensure your transportation networks are adaptive, flexible, and positioned for success in an ever-evolving business landscape. The post How Multimodal Shipping Optimization Maintains Cost Control appeared first on MercuryGate International.

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How To Package & Price Embedded Analytics

Just by embedding analytics, app owners can charge 24% more for their product. How much value could you add? This framework from Software Pricing Partners explains how application enhancements can extend your product offerings. You’ll learn: How to take a disciplined approach to pricing The three elements of the Packaging Decision Framework Ways to structure your new embedded analytics offering Download the White Paper to learn about How To Package & Price Embedded Analytics.

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Dollar General Expanding U.S. Supply Chain Operations

Supply Chain Brain

Dollar General will open a dual distribution center in Nebraska, two regional facilities in Georgia and Texas, and expand operations in South Carolina and New York.

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What 55 Years of Operations Consulting Experience Has Taught Us

USC Consulting Group

We’re celebrating a milestone here at USC Consulting Group — 55 years partnering with businesses around the globe empowering their performance. Our goal is to help our clients drive operating excellence, increase throughput, become more efficient and boost their bottom lines. We got our start in 1968 when founders Tom Rice and Pat Price founded a fully-engaged operations management consulting firm that strives to impart positive, impactful change to our clients.

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The Disruption of AI: Part I

QAD

I recently read a New York Times article about the diffusion of AI and wanted to share a few words about it from a disruption angle. The article begins by saying that AI doesn’t have to be perfect to be useful and uses some examples like people using phones to take pictures instead of high-end digital cameras. This comparison insinuates that AI is a new innovation.

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Gartner Digital Transformation Guide: Logility’s Takeaways

Logility

The latest Gartner digital transformation guide for supply chain companies is available for free download. We highly recommend you grab a copy now. As Gartner writes on the landing page for the guide: “Tech develops fast; there is no time to wait and see. Take action to advance the supply chain digitalization journey.” This year’s guide is full of compelling insights.

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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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Tanker Companies Reaping Bonanza from Aging Ships Sold into ‘Shadow Fleet’

Supply Chain Brain

Owners of newer ships are also doing well, getting high prices for old ships while benefiting from strong tanker rates.

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How to automate your business on Amazon

Saleswarp

Running your Amazon store can be hectic. With a multitude of products, customers, and channels, managing an online store can quickly become overwhelming. Fortunately, automating certain aspects of your Amazon store can help streamline your processes. Automation is easy with an order management system (OMS). Utilizing an OMS allows you to manage the full life-cycle of orders, from receiving to fulfillment and tracking.

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Deutsche Bahn Open to Strategic Buyer for Schenker

Supply Chain Brain

Schenker is likely to attract bids from rival logistics companies, including Danish transport giant DSV A/S, Germany’s Deutsche Post AG and Switzerland’s Kuehne + Nagel International AG.

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The Fed says banks need to know where their APIs are. An API marketplace can help reduce risks.

Axway

Do you know where all your APIs are – or how many you have? If someone visited your bank’s headquarters today and asked to see them, would you be able to produce a list on the spot?

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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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Home Depot Cuts Outlook as Softening Demand Hits Sales

Supply Chain Brain

Analysts largely see Home Depot as resilient in the long term due to still-high home prices and ongoing remodeling activity as many continue to work from home.

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What You Need to Know for the DSCSA November 2023 Requirements

Tecsys

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FDA Proposes New Requirements for ‘Healthy’ Food Labels

Supply Chain Brain

FDA has proposed new requirements for food manufacturers using the word "healthy" on their packaging.

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