Fri.Sep 13, 2019

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5 Procurement Digital Transformation Ideas (to challenge your thinking or even to p**s you off)

HICX Solutions

Nearly every company is involved in some form of digital transformation, but how many are actually seeing it pay off? The answer is surprisingly few. New research by Bain & Company finds that only 8% of global companies have been able to achieve their targeted business outcomes from their investments in digital technology. Said another way, more than 90% of companies are still struggling to deliver on the promise of a technology-enabled business model.

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Fashion Week: bring more than transparency – bring integrity

Provenance

The Independent published a piece this week stating that “ The environmental costs of fashion are too high – we must consume less or it will be the death of us.” In it, Lizzie Rivera gives a scathing review of the repugnant issues baked into the fashion industry. These problems are not new. And with each month, more headlines cut through the curtain of fashion, resulting in shoppers taking note and changing their behaviours.

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Why Omnichannel Supply Chain Success Depends on Inventory Optimization

GlobalTranz

All businesses want to achieve success, but omnichannel supply chain success requires a comprehensive level of oversight and control in your operation. Omnichannel orders may come from anywhere, so significant risks exist. However, inventory optimization can solve these challenges. What’s Wrong With Current Inventory Optimization Processes? Apart from organizations that have recently invested and implemented.read More.

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This Week in Logistics News (September 7 – 13)

Logistics Viewpoints

Ah yes, it is officially palindrome week. This year, however, palindrome week takes on a whole new significance. After next Thursday (9/19/19), there will not be an official palindrome week until 2021 (we don’t count putting a 0 in front of the month around here). This is the end of a wonderful run of years, starting in 2011, where the dates read the same frontwards and backwards for a week+.

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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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How Supply-Chain Companies Can Build Roadmaps With AI

Supply Chain Brain

The supply chain as we know it is on the precipice of tipping from decades of steadily accelerating “push” dynamics to a new “push-and-pull” model.

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Process Automation in Procurement with a Focus on Controlling Tail Spend

EC Sourcing Group

If you could automate the procurement process for low value items and gain control over tail spend, what would that mean for your company? Based on my experience, here are some of the benefits: Dramatic increase in spend under management. Significant improvement in data quality. Elimination or reduction of transaction costs. Elimination of nuisance suppliers.

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Advice to Students Getting Ready for Internship Recruiting Season: Put Away Your Cell Phones!

NC State SCRC

Around this time of year, students are getting ready for interviews for internships, especially for supply chain and procurement roles. The NC State Poole College of Management Supply Chain Job Fair is always a big event, and this year we have more than 40 companies and hundreds of students attending. It is also a good time to remind students of a few basic things they need to be aware of, as many undergrads have not worked in a typical office or supply chain environment.

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Supply Chain by the Numbers for Sept. 13, 2019

Supply Chain Digest

US Consumer Spending Still Strong. Trucking Firms Closing Rapidly. Scheider Sees Results from AI App.

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2019 Kinaxis Supply Chain Innovation Forum drives strong interest in Japan

Kinaxis

by Kaori Enami With more than 200 applications for just 100 available seats, it would be an understatement to say that interest was strong in the 2019 Kinaxis Supply Chain Innovation Forum, held recently in Tokyo, Japan. Kinaxis Japan invited Yoshinobu Ueno, Professor of Graduate School of Engineering, Kanazawa Institute of Technology and CEO of Valuegrid Institute Co., to present the forum’s keynote.

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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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The Long Tail, Amazon and Supply Chain

Supply Chain Digest

The Internet has Changed Handling of Niche Products, but Amazon Turns Theory on Its Head through Logistics

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Above the Fold: Supply Chain Logistics News (September 13, 2019)

Talking Logistics

As you read this I’ll be on my way to Saratoga Springs, NY for the JDRF Ride to Cure. Together with my Logistics Leaders for T1D Cure teammates, I plan to cycle 100 miles tomorrow in support of JDRF’s vision to create a world without type 1 diabetes. Cycling 100 miles is challenging enough, but. Read more Above the Fold: Supply Chain Logistics News (September 13, 2019).

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FLEXE Hub: The end-to-end supply chain

FLEXE

A roundup of the latest news on logistics, retail, and industry trends

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Want to Innovate? Focus on Corporate Culture.

Enterra Insights

In years past, articles about innovation primarily focused on techniques to help people unleash their creativity and/or how to put together innovation teams. More recently, I’ve been reading articles about the importance of having a culture of innovation that permeates an entire organization. Kumar Mehta ( @mehtakumar ), founder of Bridges Insight, asks, “Does your corporate culture support or hinder innovation?

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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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Amazon FBA for beginners: How to start selling in 7 steps

TradeGecko

If you’ve found your way to this blog, chances are it’s because you want to know how to become an Amazon seller utilizing Fulfillment By Amazon (FBA). We’re here to answer that very question with our Amazon FBA step by step guide. TradeGecko’s inventory and order management software will help you automate your workflows so you can focus on growing your business.

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5 Signs You’re Using a Great BI Dashboard

Unleashed

Data has never now than ever been more readily accessible. With the sheer amount of data, it is important that best practices are adopted to ensure businesses are making the right sense out of it all. A business intelligence dashboard (BI dashboard) is an information management tool that uses visualisations to display the status of data. From business analytics metrics, key performance indicators (KPIs) and other important data points for an organisation, department, team or process – BI dashboa

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6 sure-fire ways to increase sales this Black Friday/Cyber Monday weekend

TradeGecko

Black Friday and Cyber Monday, also known as BFCM or Cyber Weekend are two of the largest online selling days in the year. 2018 was no exception, with the online spend over five days totalling at US $24.2 billion.

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Need to cut your integration backlog? Here’s the blueprint!

Axway

“I need this integration complete ASAP. It’s holding up my project …o h, and world peace. ” . Sound familiar? When will it ease up?

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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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Incoterms 2020

American Global Logistics

The International Chamber of Commerce (ICC) has officially released Incoterms 2020. The updated Incoterms will take effect January 1, 2020 and will replace the current Incoterms (Incoterms 2010). The ICC has published the Incoterms for purchase on their website. Per the ICC, some of the major changes from the current Incoterms are as follows: Incoterms® […].

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Prepare for Capacity Disruption During Brake Safety Week

Zipline Logistics

Photo Source: Pixabay Shippers can expect interference with normal freight patterns and capacity the week of September 15, 2019 as the Commercial Vehicle Safety Alliance (CVSA) will conduct its annual week-long brake-focused inspection event, taking capacity off the road. Brake Safety Week will run from Sept. 15-22 as CVSA officials conduct roadside inspections of brakes […].

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o9 Stories: Meet Nick Griffith, Solution Architect

o9 Solutions

Nick Griffith serves as a great representation of the power of career fairs. After receiving his master’s degree in petroleum […]. The post o9 Stories: Meet Nick Griffith, Solution Architect appeared first on o9 Solutions.

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Crucial Steps to Right a Failed BI Investment

EnVista

If your company recently made a sizeable investment into a BI and reporting solution and the outcome has left you wondering what went wrong, you aren’t alone.

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Strategic Cost Management Approaches to Unlock Growth and Increase Profitability

How can businesses gain a competitive edge in an era marked by relentless competition and economic fluctuations? The secret is mastering strategic cost management strategies. This GEP bulletin, "Strategic Cost Management Approaches to Unlock Growth and Increase Profitability," breaks this down into clear, actionable steps. Discover how these strategies can boost your enterprise's financial health, helping not only to keep up but to excel in today's market.

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All you need to know about the Ideation process

KEPLER Consulting

The post All you need to know about the Ideation process appeared first on KEPLER.

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