Thu.May 25, 2023

article thumbnail

The Promise and Peril of Generative AI for Supply Chains

Logistics Viewpoints

“Our rules of thumb are no longer up to the challenge.” This description by a Chief Supply Chain Officer of the state of the supply chain he found in his new role stuck with me. The tumult of our times has accelerated interest in artificial intelligence (AI) for help more advanced than rules, and ChatGPT’s release has rocketed this already-explosive growth.

article thumbnail

Unlocking the Power of Inventory Control Techniques

Logility

In today’s fast-paced and unpredictable global market, the secret to maintaining a competitive edge lies in a key area—robust inventory control techniques. It’s no longer a luxury but a necessity, a critical cog in the wheel of successful supply chain management and warehousing. Inventory control is the act of managing and organizing stock to meet customer demand without surplus or deficiency.

Inventory 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cognitive Computing, Decision-making, and the Supply Chain

Enterra Insights

Supply chains are becoming increasingly complex and, as a result, supply chain professionals are constantly facing information overload. Fortunately, cognitive computing solutions can help professionals deal with both information overload and complexity. When IBM coined the term “cognitive computing,” the company had information overload in mind.v, former CEO of IBM, explained, “The idea was to help you and I make better decisions amid cognitive overload. … If I considered the initia

article thumbnail

3 Steps to Embrace Decision-Centric Planning in Supply Chain

John Galt

What is decision-centric planning? Learn about what this concept means in the context of supply chain planning and what actions you can take to embrace it.

article thumbnail

Geopolitical & Regulatory Issues: The Path Forward in Supply Chain & Logistics

Speaker: Lisa Anderson, MBA, CSCP, CLTD - President of LMA Consulting Group, S&OP Expert, and Speaker

The world of supply chain and logistics has been plagued with volatility, disruptions, and increased regulations. Several issues are converging simultaneously, creating a precarious path forward. In this webinar, we will talk about the current status of the supply chain and what the successful and unsuccessful paths forward will look like. Join demand planning and SIOP expert Lisa Anderson for a riveting discussion evaluating the geopolitical landscape and looking at the bigger picture to create

article thumbnail

The Transformation of Supply Chain Finance in the Era of Digitalisation

IT Supply Chain

By Jessica Sweet (pictured) Content Writer at makeLifeSweeter.com The post The Transformation of Supply Chain Finance in the Era of Digitalisation appeared first on IT Supply Chain.

More Trending

article thumbnail

Pay Gap Transparency: Equality and Pay in the Workplace

IT Supply Chain

By John Hampton (pictured) Content Writer The post Pay Gap Transparency: Equality and Pay in the Workplace appeared first on IT Supply Chain.

article thumbnail

What Is Economic Order Quantity and What Are Its Challenges?

Locus

Since the start of 2023, we have been witnessing two news stories in the world of supply chain and logistics. One Walmart’s new Associate-to-Driver program launched at the beginning of this year. And another one is Amazon opening up new distribution centers and partnering with smaller carriers. There’s just one reason behind both these stories – the rapid rise in online shopping.

article thumbnail

Finding the light: supply chain scrutiny in 2023

IT Supply Chain

By Keith Berry (pictured) General Manager of KYC Solutions, Moody’s Analytics The post Finding the light: supply chain scrutiny in 2023 appeared first on IT Supply Chain.

article thumbnail

Watch: Ensuring the Security of Critical Data in the Supply Chain

Supply Chain Brain

Risk mitigation has always been a part of supply chain management and will continue to be of great importance, says Jamie Rutherford, director of sales, supply chain, for Vector Security Networks.

article thumbnail

Future Focus: Constructing Unshakeable Stability in Your Manufacturing Supply Chain

Speaker: Jay Black, Senior Account Executive

We’ve all heard the buzzwords to describe new supply chain trends: resiliency, sustainability, AI, machine learning. But what do these really mean today? Over the past few years, manufacturing has had to adapt to and overcome a wide variety of supply chain trends and disruptions to stay as stable as possible. Stability has become key in this post-COVID world, and will remain key moving forward.

article thumbnail

The Importance of Network Observability in Modern IT Infrastructure

IT Supply Chain

By Rob Jackson (pictured) Content Writer The post The Importance of Network Observability in Modern IT Infrastructure appeared first on IT Supply Chain.

article thumbnail

German Economy and Manufacturing Activity Now Reflect Recession

Supply Chain Matters

The Supply Chain Matters blog highlights this week’s reports that the German economy has officially slid into recession, and along with that, ongoing manufacturing recessionary conditions as-well. This week, business media reports indicate that the German economy, the largest in Europe , slid into economic recession as of the first quarter of 2023.

article thumbnail

10 Strategies for Reducing Dwell Time

Freight Plus

Whether you work in manufacturing, distribution, or retail, understanding dwell time is crucial for optimizing your supply chain efficiency and reducing costs. In today’s blog post, we will delve into the concept of dwell time and its significance in logistics operations. We also outline the ways it can impact your transportation costs and ten strategies […] The post 10 Strategies for Reducing Dwell Time appeared first on FreightPlus.

article thumbnail

TrackVia’s Exceptional Inventory Management Capabilities

TrackVia

Many companies are realizing the critical role that effective inventory management plays in streamlining warehouse operations and maintaining an edge over competitors. Mastering warehousing is not merely a distant goal; it has become a necessity for organizations aiming to maximize productivity, increase efficiency, and reduce costs. TrackVia’s inventory management capabilities, combined with the inherent advantages of low-code development, offer a comprehensive solution that can revolutio

article thumbnail

ESG Reporting: It Is Inevitable, But It Doesn’t Mean That It Must Be Complicated

In these challenging times, climate change must inevitably be a top-of-mind priority. We need to act now by making the right decisions. 2022 was the year of corporate commitments to sustainability, and 2023 is the year where promises become proposals, mission statements become metrics, and aims become actions. New regulations have been set regarding the corporates, and they must comply.

article thumbnail

Inventory Planning Guide: Methods, Solutions & Steps

Unleashed

Do you know your optimal inventory levels? If not, you risk disappointing customers or running out of capital. The result is serious damage to the reputation and efficiency of your business. Inventory planning enables you to order the right stock at the right time to meet demand and prevent overstocking. Keep reading to learn how it can help your business today.

article thumbnail

Gartner names aioneers as a “Cool Vendor in Supply Chain Management Technology” for 2022

Aioneers

In October 2022, Gartner , a leading technological research and consulting firm, published a report identifying aioneers as a “cool vendor in supply chain management technology” for 2022. The evaluation was based on specific criteria that assessed technology platforms for their ability to help supply chain businesses overcome critical obstacles and maximize their growth.

Gartner 52
article thumbnail

Adding Value to Your Company When You Don't Know Jack About Data

Global Trade Management

You finally got your supply chain visibility (see.it.all), but the positive effect still needs to be added. You may be rich in data but need help figuring out what to do with it (know.it.all)? Are you data-rich but still need to be data-wealthy? Why don't we compare a "rich person" in the classical sense to a "new data-rich supply chain manager" and see how they got rich and stayed wealthy?

article thumbnail

SMS Marketing For Small Businesses: How To Build A Better Strategy

IT Supply Chain

By Amanda Nelson (pictured) Professional Content Writer The post SMS Marketing For Small Businesses: How To Build A Better Strategy appeared first on IT Supply Chain.

article thumbnail

Return to Success: Streamlining Returns in the Supply Chain for Enhanced Efficiency

Speaker: Cathy Morrow Roberson, Research Manager for the Reverse Logistics Association

In today's competitive business landscape, providing a seamless return experience and maintaining an efficient supply chain are critical to customer satisfaction and loyalty. Businesses need to leverage advanced tracking systems and data analytics to identify bottlenecks and improve supply chain visibility. Efficient return management stands as a crucial strategy for optimizing the supply chain.

article thumbnail

Using Technology to Tackle the Problem of PFAS in the Supply Chain

Supply Chain Brain

These pollutants, commonly used for non-stick and detergent properties, don’t break down in the environment, and are linked to an array of health problems.

article thumbnail

Understanding the Gartner Top 25 Supply Chains 2023

Supply Chain Digest

Gartner 41
article thumbnail

U.S. House Votes to Overturn Biden Administration Truck Emissions Rule

Supply Chain Brain

The opposition argued the rules would be too difficult to implement, leading to increased supply chain costs and more pressure on small business owners.

article thumbnail

Dassault Systèmes DELMIA Apriso selected by Sonaca for their digital transformation project

DELMIA Quintiq

Sonaca, a global leader in the development and manufacturing of complex aero structures, implements Dassault Systemes’ DELMIA Apriso for Manufacturing Operations Management (MOM) Manufacturing Operations Management eradicates the usage of paper and limits the risk of errors in the highly competitive aerospace and defense industry Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today announced that Sonaca has selected Dassault Systèmes’ DELMIA Apriso solution as the platform technology f

Aerospace 156
article thumbnail

eCommerce Sustainability: A Comprehensive Look at 2023 Consumer Attitudes

Sifted surveyed 500 consumers to understand their attitudes toward sustainable shipping practices. Their report outlines how important it is to them, how price impacts that importance, and what sacrifices they're willing to make for greener shipping.

article thumbnail

Can Walmart’s Associate-to-Driver Program Solve the Driver Shortage?

Supply Chain Brain

Walmart has launched the Associate-to-Driver Program , adding drivers to the fleet by hiring internally. Is it a real remedy for the driver shortage, or simply a PR move aimed at boosting morale?

104
104
article thumbnail

The Factors Affecting Retail Merchandising

Saleswarp

Retail merchandising is the process of planning, buying, and selling products that retailers offer to their customers. Merchandising is important for managing any store, from brick-and-mortar to online marketplaces. However, this process can be challenging as it is a poorly understood aspect of retail. It requires careful attention to detail as retailers can easily end up wasting products and losing profit from poor execution.

Retail 80
article thumbnail

Boeing Refused to Give Cost Data for 11,000 Replacement Parts, Pentagon Says

Supply Chain Brain

The data denials of 10,659 items under a single contract reportedly accounted for 97% of such refusals by contractors during negotiations from October 2020 to September 2021.

Data 59
article thumbnail

10 KPIs for Effective Accounts Payable Management

Silvon Software

In today’s business landscape marked by supplier shortages, demand fluctuations, increased operating costs, and liquidity challenges, the Accounts Payable (AP) department has emerged as a central driver of business profitability. And as AP’s significance has continued to grow, it has become crucial for it to focus on optimizing processes and ensuring accountability.

KPI 52
article thumbnail

Disruption Reimagined: How to Conquer, Not Crumble, During Supply Chain Instability

Speaker: Robyn O’Brien - Founder of Sirona Ventures, Adjunct Professor at Rice University’s Business School, Supply Chain Optimization and Logistics Expert

Today’s supply chain leaders are required to stay strong in the face of disruption and not only accept it, but embrace it – after all, progress is made outside of your comfort zone. While it’s easier said than done, conquering the fear of instability in your supply chain is within your reach. Thanks to the advancement of technology and AI, we now have more tools and resources at our disposal than ever before to conquer, not crumble, in the face of uncertainty.