January, 2024

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Supply Chain New Year’s Resolutions: Things to STOP Doing in 2024

Talking Logistics

Back in 2017, I wrote a post highlighting four things supply chain and logistics professionals should stop doing in the new year. Since those things still apply today, I am resharing them again below. I also added a couple of more things to stop doing in 2024 and beyond. Recommendations from 2017 that still apply. Read more The post Supply Chain New Year’s Resolutions: Things to STOP Doing in 2024 appeared first on Talking Logistics with Adrian Gonzalez.

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Optionality: The Critical Supply Chain Imperative for 2024

The Network Effect

In a world of perpetual disruption, your organization will need optionality – multiple sourcing for key products, parts and raw materials.

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6 Ways AI Empowers End-to-End Decision Automation in Supply Chain

Logistics Viewpoints

As a child, I was mesmerized by beauty pageants, especially Miss World, where women from all around the world strutted in gorgeous fashion. I vividly remember the moments when the top winners declared their lofty goals for humanity: solving world hunger! Since the emergence of AI as the shiny object of our times, we see similar grandiosity: that AI will solve world hunger.

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Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. More Resources Home Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons Eytan Buchman January 16, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Intro: Playing Dice with the High Seas In 2021 and 2022, supply chains regularly made the headlines, as supplies of basic necessiti

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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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5 Trends Changing Supply Chains for the Better in 2024

Logility

What defines a high-performing supply chain? Depending on who you ask, the answer can be anything from low costs and efficiency to a delicate balance between profitability and customer service. However, this year promises a significant paradigm shift where traditional performance metrics are replaced by technology-driven frameworks, as recent breakthroughs with Generative AI in supply chains have demonstrated.

More Trending

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5G Holds Great Promise Across the Supply Chain, but Challenges Remain

Logistics Viewpoints

5G promises high bandwidth, low latency, and massive IoT device connectivity. For industry, the ability to better connect machines, objects, and devices is what is driving excitement for this technology. Patrick Arnold, a research analyst at ARC Advisory Group, says that suppliers of industrial solutions are responding by investing in new product design and incorporating 5G into their portfolios. “5G” is the 5th generation mobile network.

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Supply Chains to Admire 2023

Supply Chain Insights

Supply Chains to Admire 2023 - Report v4.0 Abstract Supply chain excellence is easier to say than define. The Supply Chains to Admire methodology is a data-driven evaluation to attempt to define excellence. The analysis compares companies to industry performance in each sector for 2013-2023. Now in its tenth year, the Supply Chains to Admire analysis studies improvement, performance, and value on reported financials for over 500 public companies.

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Supply Chain AI Strategy: Navigating Apparel Industry Complexities

Logility

Navigating the $5 trillion North American apparel market requires precision, especially when dealing with the intricate complexities of forecasting and inventory management. This blog cuts through the complexity, presenting how supply chain AI strategy and machine learning, especially through the power of generative AI and InventoryAI+, are essential in crafting a smarter, more responsive retail supply chain.

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Milestone: Freightos Celebrates One Million Transactions!

Freightos

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. More Resources Home Milestone: Freightos Celebrates One Million Transactions! Aimee Loshinsky January 25, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo In Freightos Q4 2023 KPI press release , we announced that the company surpassed one million bookings across the platform in 2023.

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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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Trends 2024: Artificial Intelligence

Enterra Insights

Few technologies stir human emotions as much as artificial intelligence (AI). Some people anticipate great things happening thanks to AI, while others feel only deep anxiety about humanity’s future. Regardless of your feelings, 2023 was a breakout year for AI. Anders Billesø Beck , Vice President of innovation and strategy at Universal Robots, explains, “2023 was an exciting year for innovation.

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Above the Fold: Supply Chain Logistics News (January 12, 2024)

Talking Logistics

We got our first snow of the season last Sunday. Not too much, about 4 inches. Two days later, more than 2 inches of rain fell, as the temperature climbed above 50F. Snow is all gone, just mud and puddles left behind. Winters in Boston are not what they used to be. — Moving on, Read more The post Above the Fold: Supply Chain Logistics News (January 12, 2024) appeared first on Talking Logistics with Adrian Gonzalez.

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This Week in Logistics News (January 6 – 12)

Logistics Viewpoints

This was a very interesting week as we saw a number of long-lasting partnerships come to an end. As a New England Patriots fan, this season was certainly disappointing, as everything seemed to go wrong, except for landing a top-3 draft pick in 2024. In a move that was not surprising, but still seems so wrong, the Patriots and legendary coach Bill Belichick mutually agreed to part ways.

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The Outside-In Planning Handbook

Supply Chain Insights

SCI Outside-In Report v3.0 Abstract Today’s supply chain planning processes are inside-out. The focus is on using enterprise data. The use of channel, logistics, and supplier data is an opportunity to reduce process and data latency. In this report, we share insights based on testing and work with business and technology leaders to redefine planning to be outside-in to maximize the use of market data.

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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 Biopharma Supply Chain with Joel Wayment

The Logistics of Logistics

Joel Wayment and Joe Lynch discuss the biopharma supply chain. Joel is the Vice President of Operations at Cardinal Health Third Party Logistics, a leader in healthcare logistics for over four decades and a 3PL pioneer since 1995, streamlines pharmaceutical delivery, mitigating risk and fostering seamless patient journeys. About Joel Wayment Joel Wayment is Vice President of Operations at Cardinal Health Specialty Solution’s 3PL business.

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The 4 Top Challenges in Deploying AI in Healthcare and Pharmaceutical Supply Chains

The Network Effect

The post The 4 Top Challenges in Deploying AI in Healthcare and Pharmaceutical Supply Chains appeared first on The Network Effect.

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A Journey Through Safety Stocks, Part 10

Arkieva

This blog continues the journey of Kate and Jane as they navigate the concepts of safety stocks at Jane's company. A Journey Through Safety Stocks, Part 10 was first posted on January 16, 2024 at 7:52 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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Prepare Now to Navigate the ‘Storm Clouds’ in Transportation Management

Talking Logistics

Editor’s Note: The following is an excerpt of a research report published recently, “Transportation Pulse Report 2024 – Prepare for Dark Clouds on the Horizon.” The research, conducted by Adelante SCM and commissioned by Transporeon, highlights several supply chain and logistics trends that will impact and transform the industry in the years ahead and why.

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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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Stringent Reporting Regulations Require Data Integrity

Logistics Viewpoints

As regulations across the globe strengthen, the pressure to collect, report, and organize emission-related metrics has never been higher. This added responsibility for companies will have lasting effects on business operations, corporate partnerships, supply chain logistics, compliance requirements, and data integrity. Structure Your Data for Seamless Reporting Most reporting statutes already require or will require companies to provide data for their Scope 1 through 3 emissions.

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The Role of IBP Process: Synchronizing Supply Chain, Finance and Beyond

John Galt

A strategic IBP process is increasingly important as changes accelerate in the global supply chain landscape, marked by risk and uncertainty.

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Load Building and Optimization with Tom Moore

The Logistics of Logistics

On this podcast interview, Tom Moore and Joe Lynch discuss load building and optimization. Tom is the CEO and Founder of ProvisionAi, a technology that automatically gets the right products on the right number of trucks at the right time to increase service levels and maximize network efficiency. About Tom Moore Thomas A. (Tom) Moore is the CEO and Founder of ProvisionAi and AutoSchedulerAI.

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How AI and Automation Are Poised to Revolutionize the Supply Chain Industry

Supply Chain Brain

In the last few years, the growing sophistication of artificial intelligence has brought unprecedented levels of precision, efficiency and innovation to supply chain management.

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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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Top Reads of 2023: Unveiling Our Most Popular Blog Posts

Arkieva

From insightful industry analyses to practical how-to guides, our blog demonstrates the diverse range of supply chain-related topics we cover. Top Reads of 2023: Unveiling Our Most Popular Blog Posts was first posted on January 3, 2024 at 7:45 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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Above the Fold: Supply Chain Logistics News (January 5, 2024)

Talking Logistics

Happy New Year! I hope everyone had a fun and relaxing holiday. 2024 is kicking off right where 2023 left off: with lots of risk and uncertainty in ocean shipping, as several of the news items below highlight. What lies ahead in the world of supply chain and logistics? Everything from the known knowns (e.g., Read more The post Above the Fold: Supply Chain Logistics News (January 5, 2024) appeared first on Talking Logistics with Adrian Gonzalez.

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Top 15 Logistics Stories of 2023

Logistics Viewpoints

Often times at Logistics Viewpoints, we like to look to the future and highlight the key trends that we see in a given market, or make predictions about what technologies will emerge as game changers in the new year. Just last week, my colleague Clint Reiser wrote an article about the top logistics and supply chain conferences to attend in 2024. While we look ahead to the future, I think it is also important to look back on the year that was.

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AI affecting up to 40% of jobs warns IMF: O’Reilly VP of Emerging Tech

IT Supply Chain

By Mike Loukides (pictured) Vice President of Emerging Tech, O’Reilly The post AI affecting up to 40% of jobs warns IMF: O’Reilly VP of Emerging Tech appeared first on IT Supply Chain.

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What Makes a Warehouse Worker Happy?

The 2024 Newcastle Systems Worker Satisfaction Survey provides insights into the life of a warehouse worker and what matters to them.

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Clarity in a Dangerous World with Ben Gordon

The Logistics of Logistics

Ben Gordon and Joe Lynch discuss getting Clarity in a Dangerous World. Ben is the Founder of Cambridge Capital (private equity), BGSA (M&A advice), and the Logistics Coalition (humanitarian aid). Ben is hosting the BGSA Supply Chain Conference that will be held January 24-26 in Palm Beach, Florida. About Ben Gordon Benjamin Gordon is the Founder and Managing Partner of Cambridge Capital.

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Supply Chains in the 5G Era: A Paradigm Shift in Connectivity

Supply Chain Brain

The combination of low latency, high bandwidth, massive device connectivity, reliability, and other factors makes 5G technology well-suited for various automation and virtual-enabled technologies across industries.

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Happening Now: West Coast imports expected to surge

West Coast and California Logistics

According to The Loadstar , US West Coast ports are anticipating a surge in imports due to a combination of supply chain and geopolitical disruptions. These disruptions include transit difficulties through the Panama and Suez canals, and concerns at East Coast ports related to ongoing labor contract negotiations.

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