Tue.May 14, 2024

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Avoiding the Assumption of Normal Distribution in Safety Stock Calculations

Arkieva

Explore alternatives beyond the norm in the world of safety stock calculations. Join our webinar to break free from distribution assumptions. Avoiding the Assumption of Normal Distribution in Safety Stock Calculations was first posted on May 14, 2024 at 8:25 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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What to Know About Supplier Relationship Management (SRM)?

QAD

Supplier Relationship Management (SRM) is a crucial practice to ensure operational efficiency, supply chain resilience and strategic decision-making. By developing and maintaining mutually beneficial relationships with suppliers, organizations can improve pricing, reliability and innovation, gaining a competitive edge in the market. What is Supplier Relationship Management (SRM)?

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Going digital: B2B eCommerce and what it means for manufacturers and distributors

SYSPRO Smarter ERP

The increasing transition from traditional sales channels to digital commerce isn’t breaking news for manufacturers. It’s a strategic move you’ve likely pondered over countless meetings and budget reviews. There’s also the lingering concern: “Are we just too late to the game?” Over the past three to five years in particular, more manufacturers have identified or accelerated their eCommerce plans.

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Vital statistics

IT Supply Chain

By Steve Ross (pictured) Operations Manager – Connectivity & Digital Products, Toyota Material Handling UK The post Vital statistics appeared first on IT Supply Chain.

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Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

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Geopolitical Risks Cause Companies to Weigh Relocating Supply Chains

Supply Chain Brain

Allianz estimates that global trade will increase by 2.8% in 2024 — below the average of 5% — blaming that on disruptions brought on by the Red Sea crisis.

Company 107

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Unleashing Supply Chain Resilience Using AI and Virtual Twin

Supply Chain Brain

Managing a supply chain is a complex task which has only grown more intricate in recent years due to globalization, a volatile geo-political landscape, technological advancements, and the increasing demands of consumers.

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Blue Yonder Named a Leader in 2024 Gartner® Magic Quadrant™ for Supply Chain Planning Solutions

BlueYonder

Gartner has just released its 2024 Magic Quadrant for Supply Chain Planning Solutions report , 1 and once again Blue Yonder has been positioned as a Leader based on its “Ability to Execute” and “Completeness of Vision,” as evaluated among 20 vendors. This marks the fourth consecutive year Blue Yonder has been named a Leader — and the 11 th time in the 14 years since the report was first published in 2010. 2 As shown by this graphic from Gartner 3 , this year Blue Yonder was positioned furthest t

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Supply Chain Resiliency

Supply Chain Brain

Ongoing disruption requires companies to make a fundamental shift in their supply chain strategy. What makes this transformation so difficult is that the scope of change required is extensive, involving many internal (and external) stakeholders, data and technology.

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Managing Supply Chain Disruptions: Costs and Solutions

TransAudit

In today’s interconnected global economy, supply chain disruptions have become a prevalent challenge for businesses across various sectors. These disruptions, broadly defined as a business’s inability to receive, produce, ship, and sell products, can have far-reaching consequences. Understanding the financial impact of these disruptions and exploring effective mitigation strategies is crucial for maintaining a resilient and profitable operation.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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Watch: Disruptions Aren't Abating: How Can Supply Chains Cope?

Supply Chain Brain

Disruptions to global supply chains aren't going away anytime soon. Jason Tham, chief executive officer with Nulogy, explains how companies are addressing the problem with technology.

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Survey Reinforces Supply Management Job Satisfaction

Supply Chain Matters

The Supply Chain Matters blog provides highlights of the ASCM Supply Chain Professional 2024 Salaries and Careers Global Report released this week. Reinforcing last year’s survey trending, the 2024 data indicates that supply chain professionals continue to benefit from strong demand coupled with what are depicted as significant salary increases and increased job satisfaction levels.

Survey 64
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Cargo Security and Asset Protection: A Layered Approach

Supply Chain Brain

Technological advancements like RFID and GPS have revolutionized supply chain management, providing visibility and rapid response capabilities, but also increasing risks such as cyber threats. A combination of physical barriers, technological solutions, and procedural controls creates redundancies that enhance resilience against threats like theft and tampering.

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V Shred Selects Stord to Manage and Optimize Nationwide Fulfillment to Support Continued Growth

Stord

Leading fitness & supplements brand upgrades its supply chain with improved software, fulfillment, parcel, and FTL/LTL transportation ATLANTA, May 14, 2024 — V Shred , a leading platform for online fitness programs, one-on-one coaching, and premium weight loss and wellness supplements, announces its partnership with Stord , a leader in high-volume fulfillment services and technology for omnichannel mid-market and enterprise brands.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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Eliminating Modern Slavery in Global Supply Chains

Supply Chain Brain

The problem of modern slavery — coercing labor from ethnic minorities and economically disadvantaged adults and children — has lurked in global supply chains for decades. But trade laws in recent years have made it crucial for businesses to address this risk now in their supply chains — or face serious consequences.

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Achieve Logistics Orchestration Through Data Analytics

MercuryGate

Logistics was once solely about getting boxes from one place to another. Those days are long gone. Now, supply chain management is like a high-tech puzzle with pieces spread across the globe. Solving that puzzle requires a level of logistics orchestration that dives deep into data and analytics. The post Achieve Logistics Orchestration Through Data Analytics appeared first on MercuryGate International.

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Data in the Time of Chaos: Procurement Strategies for Supply Chain Resilience

Supply Chain Brain

Rising geopolitical tensions, climate change and global commerce disruptions are making the jobs of chief procurement officers harder than ever.

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4 Ways Barcode Labels Can Help Your Business Go Green

AB&R

Going green and being more eco-friendly is a priority for many businesses, but it’s not always easy—especially if you use barcode labels. Historically, barcode labels have been difficult or impossible to dispose of or recycle in sustainable ways. But all of that has changed with new eco-friendly label options from Zebra. Zebra has developed an array of new labeling solutions and thermal printing supplies that will improve on your green scorecard, and here are four ways they help you go green: 1.

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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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Data and Supply Chain: Seven Myths That Hinder Your Success with AI and Analytics

ThroughPut

Organizational supply chains are evolving into sophisticated data hubs. The era of merely transporting products is over. Modern supply chains demand extensive coordination and tracking, generating vast amounts of data—several petabytes, in fact. By harnessing real-time insights from this operational data, supply chain performance and visibility can be significantly improved.

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Top 5 Retail Logistics Software Companies In India

Locus

Retailers are increasingly seeking retail logistics software to optimize their supply chains and enhance customer satisfaction amid booming e-commerce sales, projected to surpass $1.7 trillion by 2027. This surge in online and omnichannel shopping has necessitated a rethink of logistics strategies, emphasizing the adoption of tech solutions. Leading retail logistics software companies offer innovative tools that streamline operations from warehousing to delivery, incorporating features like real

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Supply Chain News on Cass Freight Report for April Finds Market Still Soft

Supply Chain Digest

Private Carriers Increasingly Taking For Hire Freight, Report Author Tim Denoyer Says

Report 36
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National Decency Day 2024

Enterra Insights

The fact that we need a day to remind us to be decent is a sad commentary about the world in which we live. Dictionary.com defines “common decency” as “moral or ethical behavior that is guided by fairness, empathy, propriety, justice, etc.” National Decency Day is the brainchild of Lisa Cholnoky , a New York City-based parent and graphic designer.

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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 News on Amazon Sees Very Strong Q1 Results

Supply Chain Digest

Online Sales again Strong, as Fulfillment Costs Flatten Out

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Making Your Logistics Data Actionable Doesn’t Have to Be a Pain

Supply Chain Brain

In today's fast-paced logistics landscape, actionable data is critical to meet the demands of consumers' expectations. Navigating the complexities of data management amid labor shortages, volatility, and evolving consumer behavior poses significant challenges.

Data 96
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The Impact of Post-EU MDR Compliance on Medical Device Manufacturers

Arena Solutions

The extended EU MDR transition deadline is just around the corner for manufacturers looking to sell their medical devices in the European Economic Area (EAA). Effective May 26, 2024, companies must submit a conformity assessment application and implement a quality management system (QMS) according to the latest EU MDR guidelines to obtain their product certification.

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How a Labor Management System Solves Today’s Biggest Labor Challenges

Supply Chain Brain

In this white paper we will discuss how a comprehensive labor management program, including a labor management system, is the key to solving challenges such as: labor shortages, high turnover, high overtime, and low performance.

System 91
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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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Driving Success: ‘Have It Your Way’ with Delivery Management Software in Transportation Logistics

Loginext

Discover how LogiNext's delivery management software can revolutionize your transportation logistics. With route optimization, real-time tracking, automated communication, and advanced analytics, streamline deliveries, minimize delays, and boost customer satisfaction the way Burger King does for its customers. The post Driving Success: ‘Have It Your Way’ with Delivery Management Software in Transportation Logistics appeared first on loginextsolutions.com.

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U.S. Manufacturers Praise New Tariffs on Medical Supply Imports from China

Supply Chain Brain

Also included in the new tariffs were ship-to-shore cranes (0% to 25%), solar cells (25% to 50%), and lithium ion EV batteries (7.5% to 25%).

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Overcoming Resistance to Change: Implementing a Workflow Management System

TrackVia

Implementing a workflow management system can revolutionize the way your business operates, leading to increased efficiency, productivity, and profitability. By automating processes , reducing manual errors, and improving collaboration, a workflow management system can help your organization stay competitive in today’s fast-paced business environment.