Tue.Nov 12, 2024

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Embracing ICS2-ENS: Navigating the Future of Global Trade with Precision & Insight

IT Supply Chain

By Bryn Heimbeck (pictured) President & Co-Founder of Trade Tech The post Embracing ICS2-ENS: Navigating the Future of Global Trade with Precision & Insight appeared first on IT Supply Chain.

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ToolsGroup Recognized as The Technology Leader in Retail and Supply Chain 2024 SPARK Matrix™ Categories by QKS Group

ToolsGroup

Company earns top ratings for technology excellence and customer impact in the 2024 SPARK Matrix™ for Retail Forecasting and Replenishment and the 2024 SPARK Matrix™ for Global Supply Chain Inventory Optimization Boston—November 12, 2024 — ToolsGroup , a leading provider of retail and supply chain planning solutions, has been named the technology leader in QKS Group’s 2024 SPARK Matrix™ Retail Forecasting and Replenishment and their 2024 SPARK Matrix™ analysis of the Global Supply Chain Invent

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Dexory Secures $80M to Drive Development of Autonomous Robots & Global Expansion

Logistics Viewpoints

Dexory, the robotics and data intelligence company announced it has closed an $80 million Series B funding round. The round was led by DTCP, with participation from Latitude Ventures, Wave-X and Bootstrap Europe, along with existing investors Atomico, Lakestar, Capnamic and several angels from the logistics industry. As part of this investment, DTCP’s Michael Rager joins Dexory’s board of directors.

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Harnessing Artificial Intelligence for Sustainable Supply Chains

Supply Chain Brain

Artificial intelligence is offering new and better ways of making supply chains more sustainable, by improving efficiency, enhancing decision-making, and increasing transparency in operations.

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4 Ways To Drive Supply Chain Excellence in the Food Industry

The Supplier Relationship Management Playbook is your guide to building effective supplier partnerships that drive supply chain excellence. This playbook equips supply chain professionals with strategies for managing compliance, tracking performance, and fostering collaboration to reduce supply chain risks. Inside, you’ll find: Strategies for Compliance: Best practices to help meet regulatory standards.

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MIT MicroMasters Program In Supply Chain VS SCMDOJO

SCMDOJO

Supply chain management has grown tremendously in recent economic times. It has evolved dramatically and has significantly impacted various experts and their professional experiences. However, the question arises: Which platform can provide the best supply chain courses? There’s tough competition between the MIT MicroMasters Program in Supply Chain and SCMDOJO.

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Aligning PLM With Your Business Strategy for Maximum Success

Arena Solutions

Why should companies align their business strategy with product lifecycle management (PLM)? Product companies are utilizing PLM software to enhance efficiencies and help ensure product development and management initiatives are coordinated with broader business objectives. Aligning PLM with your business strategy offers numerous benefits—from innovating next-generation products to faster time to market, to synchronizing with global environmental initiatives.

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Top Ways Quantum Computing Will Impact Cloud Security

IT Supply Chain

By John Hampton (pictured) Content Writer The post Top Ways Quantum Computing Will Impact Cloud Security appeared first on IT Supply Chain.

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Are you really employing Category Management effectively?

NC State SCRC

Procurement categories are a grouping of materials or services that have similar supply and usage characteristics to meet business objectives. Category management is different from the “strategic sourcing process”. The latter is typically an n-step process, starting with procurement-led analysis and ending with a preferred supplier contract. Many companies favor a process-based sourcing process today, but unfortunately many also lack a true category management structure, that is essential for it

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Win Finance Approval for TMS: A Playbook for Logistics Teams

MercuryGate

For many in logistics and supply chain management, getting the win with finance for a new TMS is a challenge - unless you have the right playbook for success. The post Win Finance Approval for TMS: A Playbook for Logistics Teams appeared first on MercuryGate International.

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Driving Efficiency: Import Management for Auto Manufacturing

QAD

Leveraging strategic cost management and efficient import management practices is essential when it comes to navigating the complexities of global trade. This gives automotive manufacturers a competitive advantage. It is fair to say that the automotive industry is complex to navigate. However, with the right people, processes and systems, effective cost management can be achieved.

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Supply Chain Matters Podcast Episode 26: Enhancing Supply Chain Planning and Synchronization- The Kinaxis Maestro Approach

Supply Chain Matters

The Supply Chain Matters blog announces the availability of our latest recorded podcast episode: Enhancing Supply Chain Planning and Synchronization- The Kinaxis Maestro Approach. Podcast Overview Multi-industry supply chain management teams continue in their response to the many market, business and other challenges that often impact various supply chain management enabled processes.

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What Warehouse Modeling Software Should You Use?

Logistics Bureau

If you’re looking to design your own warehouse, you should start by considering these questions: Is your warehouse full of pallets sitting on the aisle instead of up in the racks? Do you need a bigger facility to cater for the forecast growth of your business over the medium to long term? Is your warehouse operation inefficient? Does your warehouse storage and layout design desperately need optimisation?

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World Kindness Day 2024

Enterra Insights

English broadcaster and author Fearne Cotton Wood once stated, “We live in such a fast-moving world that’s often so unforgiving, and so unkind.” It doesn’t have to be that way. People can choose to do better. You can start by celebrating World Kindness Day, which is celebrated worldwide tomorrow. “World Kindness Day,” explains the staff at Awareness Days, “is an annual event that encourages individuals to practice kindness in their daily lives.

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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

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The Dangers of Doing Nothing in Transportation Management (Or Why You Should Focus on What You Can Control)

Talking Logistics

As many companies are developing their transportation budgets and strategies for the coming year, is your company going to be one that is proactive in driving change and continuous improvement in 2025, or will you take a “let’s wait and see what happens” approach? What strategies are leading companies deploying to decrease transportation costs and. Read more The post The Dangers of Doing Nothing in Transportation Management (Or Why You Should Focus on What You Can Control) appeared first on Talk

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7 Yard Management Mistakes You’re Probably Making Right Now

C3 Solutions

Yard management isn’t the easiest task out there. From tracking trailers and managing gate flow to optimizing space and keeping everyone on the same page, there’s a lot going on. And while every yard operates a little differently, certain mistakes are surprisingly common.

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Mozambique Ports At Risk as Opposition Chief Urges More Protests

Supply Chain Brain

The demonstrations have also interrupted commercial activity in Maputo, and raised concerns about further delays to a $20 billion natural gas export project.

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What is a Freight Forwarder vs. a Customs Broker?

I.C.E. Transport

For anyone importing goods into the US, there are two main types of companies providing services to help you bring them in: freight forwarders and customs brokers. Forwarders focus on the cargo transport, from origin to destination, whereas customs brokers focus on efficient, compliant clearance of your imports through customs. While there may be some overlap in duties, the roles of brokers and forwarders are more complementary.

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How to Master Product Portfolio Management

Pursuing product portfolio management excellence empowers organizations to unlock the full potential of their offerings. This comprehensive guide unveils 10 essential keys that serve as the building blocks for success.

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Outlook Improving for Shipping Traffic at Panama Canal

Supply Chain Brain

The Panama Canal Authority recently moved to a long-term booking system for shipping slots, which has made it easier to forecast transit demand months in advance.

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The Top 10 Best Vendor Management Software Providers in 2024

Kodiak Hub

Vendor management software (VMS) plays a critical role in helping organizations streamline vendor relationships, manage risks, and drive procurement efficiency. Here, we’ll dive into the top 10 vendor management software providers in 2024, including Kodiak Hub and other leading solutions.

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Maersk Tankers to Install Suction Sails on Five Vessels

Supply Chain Brain

The technology works by dragging air across each sail's surface, and then through small perforations to generate lift and propulsion.

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10 Easy Ways to Boost Add-to-Cart Rates

Saleswarp

If you’re running an ecommerce store, boosting your add-to-cart rates can make a huge difference during the holiday shopping frenzy. Here are 10 easy-to-implement strategies that can help you see a noticeable increase in conversions this holiday season. Write Clear and Impactful Product Descriptions Avoid overwhelming shoppers with excessive detail.

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The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

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Seegrid Ends Channel Relationship with Raymond to Focus on Direct Sales Model

Supply Chain Digest

Move Comes after Record Sales Year, coming Competition with Raymond Line

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Saleswarp

test Related Posts:Amazon Offers AI Image Generation For SellersBalancing Automation & Personalization in Retail

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Canada Labor Minister Orders End to Labor Disputes at Country's Ports

Supply Chain Brain

MacKinnon said that the ongoing stoppages at the Port of Montreal and in British Columbia have significantly impacted the country's supply chains.

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November 12, 2024 Update

Freightos

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. More Resources Home November 12, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

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11 KPIs for Measuring Innovation Success

Measuring innovation success is critical yet challenging for organizations, often leading to confusion over which KPIs to use. Many rely on inappropriate metrics borrowed from other departments, wasting resources and overlooking valuable opportunities. This guide outlines why innovation metrics are hard to track and offers a framework for creating effective KPIs.