August, 2023

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5 Principles for Navigating the Digital Fog Around AI in Supply Chain

Logistics Viewpoints

Chief supply chain officers feel overwhelmed navigating the intense digital fog surrounding AI in supply chain, so I offer five principles for navigation. For sure, the opportunity for AI in supply chains is massive.

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Supply Chain Growing Pains with Anya Skomorokhova

The Logistics of Logistics

Anya Skomorokhova and Joe Lynch discuss supply chain growing pains. Anya is Co-founder and Chief Commercial Officer of PorterLogic, a low-code supply chain operations platform that replaces all the spreadsheets typically used to manage warehouses and inventory.

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ToolsGroup and River Logic Join Forces, Leveraging Digital Twins for Powerful, End-to-End Supply Chain Benefits

ToolsGroup

At ToolsGroup, we’re thrilled to bring value to customers around the world in collaboration with our extensive partner network. That’s why we’re excited to be adding River Logic, a global innovator in advanced analytics for planning and decision support to our partner family. River Logic offers both a platform for customer solutions as well as network optimization and production planning & scheduling applications.

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Risk Management Can Be a Competitive Advantage, Part One

Enterra Insights

“Plan all you want,” writes Cyrus Hadavi , CEO of Adexa, “but disruptions are the supply chain’s real problem.”[1] Why? Because global supply chains are constantly facing crises. According to the World Economic Forum (WEF), these crises are seldom distinctive events. In the latest WEF Global Risks Report , the authors note, “Present and future risks can interact with each other to form a ‘polycrisis’ — a cluster of related global risks with compounding effects, such

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Provide Real Value in Your Applications with Data and Analytics

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

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Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains

The Logistics & Supply Chain Management Society

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers. Efficiently managing these processes is vital for companies to meet customer demands, minimize costs, and maintain a competitive edge.

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Navigating Market Uncertainty with Sarah Bertram

The Logistics of Logistics

Sarah Bertram and Joe Lynch discuss navigating market uncertainty. Sarah is a Shipper Sales Manager at DAT , an online marketplace that connects shippers and carriers in the transportation industry. About Sarah Bertram Sarah Bertram is a Shipper Sales Manager at DAT. She brings almost 20 years of supply chain and benchmarking experience to DAT, where she is focused on providing actionable insights to shippers through DAT’s Benchmark Analytics and Rateview benchmarking tools.

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Please Do Not AI This

Supply Chain Shaman

Dear Technologists: As I worked in my garden and took afternoon naps to recover from surgery for the past month, the content of this open letter circulated in my brain. In this open letter, I beg you not to layer general AI over conventional supply chain planning. The issue? You might ask, why can what seems to sound so right be so wrong? Why am I so passionate about this?

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The Race for Artificially Intelligent Robots

DELMIA Quintiq

Where are Artificial Intelligence and Robotics Heading? We live in times when not long after imagining a certain robot, it becomes a reality. We are witnessing incredible advancements in Artificial Intelligence (AI), in Robotics and in the integration of Artificial Intelligence into Robotics. These emerging domains are radically changing the way we work, collaborate, and organize our lives.

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AI in Logistics: A Sea of Potential Amidst Waves of Change

Freightos

The Superconductivity Prelude Late in July 2023, South Korean researchers made headlines with a potential discovery – now mostly debunked – of a material that enabled superconductivity at room temperature. This teased a future that could make energy cheaper, levitate trains and solve algebra problems. I dove in too. X, the platform formally known as Twitter, became instantly charged.

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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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Solving the New Imperatives for Freight Forwarders

Talking Logistics

Everyone remembers back in 2020 when the pandemic hit. It was a scary time for the entire world but incredibly overwhelming for those working hard to keep global supply chains running. Not only were factories shut down, but ocean ports were congested, vessels sat offshore for weeks waiting to unload, capacity on ships and planes. Read more The post Solving the New Imperatives for Freight Forwarders appeared first on Talking Logistics with Adrian Gonzalez.

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Consumer Credit, Generation Z, and the Consumer Packaged Goods Sector

Enterra Insights

Nothing is more central to the consumer packaged goods (CPG) sector than supply and demand — and few things affect supply and demand like economic trends. During the pandemic, when going out in public worried many consumers, savings increased and buying patterns changed. For example, spending on clothing and cosmetics dropped while spending on home goods and staples rose.

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Editor’s Choice: Warehouse Distribution Errors and How to Fix Them

Logistics Viewpoints

Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Today’s article comes from Kyle Franklin, Senior Solutions Consultant, Lucas Systems, and looks at warehouse distribution errors. Being a veteran of the warehouse industry throughout my career has given me a unique insight into many aspects of distribution interaction.

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Defense Supply Chain Network for Naval Operations

The Network Effect

How the US Navy's NOSS (Naval Operational Supply System) solution will be more agile, responsive, and effective using a network approach.

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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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Success in Retail Logistics with Mike Jarrett

The Logistics of Logistics

Mike Jarrett and Joe Lynch discuss success in retail logistics. Mike is the Founder of Jarrett , a leading 3PL providing transportation and logistics solutions. About Mike Jarrett Mike Jarrett , President, and CEO of Jarrett, founded the company in 1999. Prior to starting the company, Mike spent several years in the supply chain industry where he was Vice President of Carrier Operations for Hudson, Ohio–based Caliber Logistics (now known as FedEx Supply Chain Services).

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Increasing Service Part Market Revenue with Better Customer Service

Logility

Just think about the last time you brought your car to the service or asked a service for your dishwasher only to hear, that the part required to fix the problem was not available and had to be ordered from the central warehouse and it would take a few days. What did you think about that? These things happen and they are not so uncommon. The result is, of course, an unhappy customer and the likelihood that for the next incident, they will be looking for another service provider or third party.

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Above the Fold: Supply Chain Logistics News (August 18, 2023)

Talking Logistics

It’s that time of the year again: when we move our kids back to college. This year I will have two kids in college again: my oldest son who will begin his senior year at Cornell (Computer Science Engineering with a minor in Math; if anyone has a job opportunity for him to consider, feel. Read more The post Above the Fold: Supply Chain Logistics News (August 18, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

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Sustainable Procurement: What it is and its Importance

SCMDOJO

Discover the power of sustainable procurement in enhancing supply chain resilience and brand reputation and learn about its importance.

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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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Climate Change and the Supply Chain

Logistics Viewpoints

Day in and day out, my newsfeed is full of headlines about companies that are looking to make sustainability an integral part of their business. It’s good to see these companies recognizing the impact of climate change, and changing their policies, sourcing, and manufacturing practices to reduce emissions. According to the United Nations, climate change refers to long-term shifts in temperatures and weather patterns.

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7 Supply Chain Strategies for Pharmaceutical Brands to Compete Against Generics

The Network Effect

The post 7 Supply Chain Strategies for Pharmaceutical Brands to Compete Against Generics appeared first on The Network Effect.

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The Life Sciences and Healthcare Supply Chain with Jim Saponaro

The Logistics of Logistics

Jim Saponaro and Joe Lynch discuss the life sciences and healthcare supply chain. Jim is the President, Life Sciences & Healthcare DHL Supply Chain North America. About Jim Saponaro Jim Saponaro is the President, Life Sciences & Healthcare DHL Supply Chain North America. Jim joined DHL Supply Chain in 2011 and over the last decade, his leadership responsibilities have grown alongside the LSHC sector’s growth.

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A Journey Through Safety Stocks, Part 9

Arkieva

This blog continues the safety stock discussion between Kate and Jane as they evaluate historical sales and lead time data. A Journey Through Safety Stocks, Part 9 was first posted on August 30, 2023 at 7:54 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement.

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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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Keeping Your CEO & CFO Informed of Supply Chain Performance

Talking Logistics

With supply chains experiencing ongoing risks and disruptions, keeping your CEO and CFO informed of what is happening is more important than ever. How frequently do you update your CEO/CFO on supply chain performance and developments? What information are they most interested in? We asked members of our Indago supply chain research community — who.

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Food Waste: How Supply Chains Can Do Better?

C3 Solutions

Our world produces a plentiful bounty of food each year. However, a shocking amount of it never makes it to our plates. Out of all food produced globally, a staggering 2.5 billion tons is lost or wasted annually. This wastage constitutes over a third of the entire food production, a shocking statistic considering the number of people around the world who go to bed hungry.

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This Week in Logistics News (August 19 – 25)

Logistics Viewpoints

Here we are closing out the last full week of August. To me, the end of summer feels like the end of a year (more so than December). It must be due to the school year beginning each September. Afterall, this was the case for the vast majority of my youth. I know it is coming when the nights start to get cooler, the sun sets sooner, and it becomes a lot easier to find shade in the early evening.

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The Definitive Guide to Cost Savings

Precoro

Recall how manufacturers had to limit their on-site staff due to coronavirus safety regulations; more recently, food production in Ukraine was disrupted, which in turn affected the sales channels of Ukrainian products and everyone around the world who uses or distributes them. In situations like these, every cent matters. When faced with disrupted supply chains, unavailable staff, and closed facilities, businesses have to be extra conscious about their spending.

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The Art of Consistent Perfect Order Delivery: Smart Order Fulfillment Through Orchestration

Shippers and logistics service providers are pressured to match the “Amazon effect” for fast and efficient service across multiple B2C, B2B, and D2C channels. Perfect order delivery - on-time and in-full at the lowest possible cost – is critical. However, recent surveys of supply chain stakeholders reveal that many don't have the technology necessary to achieve it.

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Logistics and Distribution Trans with Rik Schrader

The Logistics of Logistics

Rik Schrader and Joe Lynch discuss logistics and distribution transportation, which is one of the specialties of Rik’s company, Körber Business Area Supply Chain. Rik is Senior Vice President of Sales at Körber Business Area Supply Chain and responsible for sales and alliances leadership across the Americas for Körber’s supply chain software portfolio.

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Understand the Factors Behind Inventory Accumulation by Optimization Models with No Demand

Arkieva

While working with various optimization models, I often encountered situations where the supply chain optimization model would make decisions to produce items even when there was no demand. This blog discusses different scenarios that led to the optimization models producing and storing excess inventory. Understand the Factors Behind Inventory Accumulation by Optimization Models with No Demand was first posted on August 16, 2023 at 7:47 am. ©2017 " Supply Chain Link Blog - Arkieva "

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Digital Transport Documents: They’re Not Emailed PDFs

Talking Logistics

If you transport goods by road in Europe, you are very familiar with CMR — that is, the Convention on the Contract for the International Carriage of Goods by Road. As described by the United Nations Centre for Trade Facilitation and Electronic Business: The [CMR] was developed in 1956. [It] standardizes contractual and carrier liability. Read more The post Digital Transport Documents: They’re Not Emailed PDFs appeared first on Talking Logistics with Adrian Gonzalez.