Mon.Mar 20, 2023

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What retailers are saying about.inventory

Cathy Roberson

Retailers and wholesalers are bringing in fresh inventories to stir springtime sales. Indeed, many retailers noted success in drawing down inventories during the holiday season. However, many of these retailers had to resort to mark-downs, at the expense of revenue, to move out most, if not all, inventories that filled up warehouses and arrived at inopportune times due to transportation delays throughout 2022.

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Why is o9 Solutions Growing So Fast?

Logistics Viewpoints

Chakri Gottemukkala, CEO at Supply Chain Planning Vendor o9 Solutions There are several young supply chain software companies that are unicorns. A unicorn has a valuation of over $1 billion. One of the more interesting is o9 Solutions. In January of 2022, Dallas-based o9 Solutions was valued at $2.7 billion after a funding round. Based on their growth, the company may be worth even more now.

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SC Navigator: Your Ultimate Solution for High-Stakes Supply Chain Decisions

AIMMS

The post SC Navigator: Your Ultimate Solution for High-Stakes Supply Chain Decisions appeared first on AIMMS.

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What Lesson Learned from Experience Would You Share with Future Supply Chain Leaders?

John Galt

We tapped into a wealth of knowledge from supply chain experts and thought leaders to ask what lesson from experience they would share with future leaders. Read their answers!

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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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The top 3 reasons why your spreadsheet won’t work for optimizing reorder points on spare parts

The Smart Software

We often encounter Excel-based reorder point planning methods. In this post, we’ve detailed an approach that a customer used prior to proceeding with Smart. We describe how their spreadsheet worked, the statistical approaches it relied on, the steps planners went through each planning cycle, and their stated motivations for using (and really liking) this internally developed spreadsheet.

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Security BY Design: Spring Cleaning

BlueYonder

With the arrival of spring, it’s a good time to give your digital life a thorough clean up and ensure that your online accounts and devices are secure. Cybersecurity is an ongoing process and neglecting it can leave you vulnerable to hacking, identity theft, and other online threats. Device manufacturers and software companies are always adding updates to address new vulnerabilities or threats, and, in the same way, we need to consider ongoing updates for ourselves both personally and prof

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AI + SCM: A Formula for Automation and Optimization

Supply Chain Brain

With every passing day, AI continues to be integrated into supply chain management systems and processes, with a focus on improving efficiency, reducing costs and increasing sustainability.

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Peter F. Weis – Strategic Advisor

Supply Chain Management and Analytics

Peter F. Weis is an experienced leader and advisor in cloud transformation and global supply chain management, whose track record spans both start-ups and Fortune 500 enterprises. The post Peter F. Weis – Strategic Advisor appeared first on Solvoyo.

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What the SVB Collapse Implies for Supply Chain Tech

Supply Chain Matters

This special edition of Supply Chain Matters This Week in Supply Chain Tech provides an initial perspective as to what the SVB collapse implies for supply chain tech in the weeks ahead. Perhaps this is why commentary is re-titled as This “Year” in Supply Chain Tech since the world of tech has been upended by an ongoing series of events. Brief Background By now, many of our readers might have read or heard about the collapse of Silicon Valley Bank (SVB).

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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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Peter F. Weis – Strategic Advisor

Supply Chain Management and Analytics

Peter F. Weis is an experienced leader and advisor in cloud transformation and global supply chain management, whose track record spans both start-ups and Fortune 500 enterprises. He is the former global CIO at Matson, a 2.3B publicly traded global transportation and logistics provider based in Oakland, CA. The post Peter F. Weis – Strategic Advisor appeared first on Solvoyo.

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aim10x Executive Council has added a new influential leader in the consumer electronics industry.

o9 Solutions

DALLAS, TX – March 20, 2023 – o9 Solutions, the leading AI-powered integrated business planning platform, welcomes Ivanka Janssen, CSCO of Philips. Ivanka Janssen is the Chief Supply Chain Officer of Philips, a Dutch multinational corporation that produces and sells healthcare technology products worldwide. Janssen is leading initiatives to transform Philips’ supply chain to be more agile, resilient, and sustainable, and she oversees global supply chain operations, including procurement, manufac

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The Sustainability Challenge: How do CPOs juggle cost optimization and pressing Net Zero targets?

Proxima

CPOs have been battling with the need to manage short-term costs and the pressure to deliver on (perceivably) long-term goals like sustainability targets. Our CPO Report showed that the economic downturn isn’t causing procurement leaders to abandon sustainability goals in 2023 but there is no doubt they are in a challenging environment. We have set out focus areas for procurement leaders looking to prioritize minimizing their emissions this year.

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Demand Forecasting: A Primer

New Horizon Supply Chain Blog

Introduction I started to write a “Demand Forecasting 101” article but decided that was going to turn into another Ph.D. thesis, so instead I wrote this. This is a list of things that I learned about demand forecasting early in my career – things that would have been nice to know from day one. More important, they are things that my clients have found valuable to discuss at the outset of projects.

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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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What is Last-Mile Tracking and How it Improves Delivery Efficiency

Locus

For as long as online delivery and services have been around, the question plaguing last-mile delivery managers has remained unchanged: how can they create an engaging journey while delivering value at every stage of the process and how can last-mile tracking help? Digital technologies have evolved and birthed an empowered customer. The modern customer is aware of their needs and possesses the knowledge and skills to efficiently utilize information and tools to fulfill them.

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Maximizing Inventory Efficiency Through Strategic Purchasing

RFgen

Key Takeaways: Inventory control involves the management of products and services across the supply chain, ensuring the right amount of product at the right time. Integrating purchasing and inventory control is critical for forward planning and forecasting in today’s economic climate. Automated technologies and mobile inventory management systems can help align teams around a single source of truth when making inventory decisions.

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Managed Transportation: A Complete Guide

Freight Plus

An effective freight logistics program is the foundation for ensuring products are delivered on time and in the right condition. However, standing up and managing a transportation & logistics program is a complex and time-consuming process. Despite the obvious and important role supply chain management plays for businesses, investment into logistics programs often gets placed […] The post Managed Transportation: A Complete Guide appeared first on FreightPlus.

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Join Adexa @ Gartner Symposium/Xpo 2023

Adexa

Join Adexa @ Gartner Supply Chain Symposium/Xpo™ 2023 conference About the Event Going to Gartner Symposium/Xpo this May? Stop by Adexa’s booth #507 to meet our team of supply chain experts and experience the only next generation SCP in a unified S&OP+S&OE environment on the market. Not only will you get the chance to talk to our team of industry experts – supply chain professional who have spent years helping fortune class companies across 5-continents – you’ll have the chance to

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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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Breaking News: Amazon to Slash Additional 9,000 Positions

Supply Chain Matters

The Supply Chain Matters blog highlights this morning’s business headline reports indicating that Amazon intends to layoff upwards of an additional 9,000 jobs. Development Business and general media reports indicated that online retail platform provider Amazon intends to slash an additional 9,000 jobs. The move adds to the previously announced headcount reductions.

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Creating Sustainable Business Practices: Strategies for A Sustainable Supply Chain

Saleswarp

Sustainability has become increasingly important for businesses over the years, with companies now focusing on creating more sustainable supply chains. A sustainable supply chain integrates environmentally friendly practices throughout the entire process, from sourcing raw materials to product delivery. It not only ensures that operations are environmentally friendly, but it can reduce costs and even increase customer loyalty.

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How Floranow is Maximizing Customer Delight With Locus

Locus

The UAE-based B2B floral marketplace is able to scale their last-mile flower delivery operations with a 99% on-time delivery rate, and bring a new level of customizability to buyers’ experience Having grown up in a family in the floral industry, Charif Mzayek was acutely aware of the challenges of both flower growers and buyers: long and inefficient supply chains that increase costs and impact product quality, price volatility, and a lack of transparency being some of the hardest to tackle.

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Tecsys Democratizes Digital Twins in the Warehouse with Click-of-a-Button Functionality

Tecsys

New out-of-the-box analytics solution marks the supply chain industry’s first no-code digital twin dashboard and 3D heat map visualization solution.

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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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5 Key Steps to Optimize Across Modes for Last Mile Delivery

MPO Multi Party Orchestration

In the wake of the e-commerce boom, shippers and logistics service providers are experiencing unprecedented levels of customer demand. In theory, that’s a real boon. But for companies still operating around manual processes, it’s an uphill battle to manage newfound complexities around inconsistent rates, tight capacity, and short delivery time windows.

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Omer Bakkalbasi –Chief Innovation Officer

Supply Chain Management and Analytics

Omer is a seasoned supply chain professional with more than 20 years of experience in supply chain management, emphasizing business analytics and fact-based decision making and delivering high-quality software and consulting services. The post Omer Bakkalbasi – Chief Innovation Officer appeared first on Solvoyo.

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How augmented reality impacts quality control

DELMIA Quintiq

One of the main challenges of the digital transformation of factories is to digitize the quality control and inspection operations efficiently and to reduce the number of non-conformities or to detect them early in the process. To achieve this, augmented reality (AR) is one of the best digital answers. However, what makes an augmented reality solution better than another digital solution or more traditional alternatives?

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Erol Beynam –Vice President, Software Engineering

Supply Chain Management and Analytics

Erol acquired nearly 20 years of experience on a variety of US Government projects such as Military Logistics Systems, Transit Visibility, AIT, RFID and Supply Chain Management systems, COTS integration, and custom software development for governmental agencies. The post Erol Beynam – Vice President, Software Engineering appeared first on Solvoyo.

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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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How to secure your ERP system

SYSPRO Smarter ERP

Manufacturers depend on their ERP system to optimize business processes, unify their different functions and platforms, and provide them with information to make decisions. But with ransomware and cyberattacks on the rise, securing the ERP system is now becoming a top priority. Why are ERP systems attacked? ERP systems contain very important and confidential information.

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Emre Haliloglu –Director, Customer Success

Supply Chain Management and Analytics

Emre brings more than 8 years of experience implementing Planning, Pricing, and Optimization solutions for retail companies. Among the companies he managed end to end supply chain projects are A101, Şok, Defacto, Hepsiburada, Penti. The post Emre Haliloglu – Director, Customer Success appeared first on Solvoyo.

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Watch: Logistics Prepares for the Challenges of 2023

Supply Chain Brain

Craig Henry, U.S. industry manager of intralogistics with Siemens, discusses the continuing labor shortage, inflationary pressures and the need to invest smartly in technologies.