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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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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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.

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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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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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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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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 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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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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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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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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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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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 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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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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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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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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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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This Week in Logistics News (January 13 – 19)

Logistics Viewpoints

I spent the beginning part of the week in New York attending the NRF Big Show. It was a very busy show, with more than 35,000 attendees walking the floors of the Javits Center. I certainly saw a lot of exhibitors touting their AI capabilities, especially when it came to more informed decision making across the entire supply chain network. But I will get into the details in a future article.

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Top 8 Industries Affected by The Red Sea Crisis in January 2024

Resilinc

The latest updates on shipping delays in the Red Sea in January 2024, including which businesses and industries have been impacted. Since our last blog on the Red Sea Ship Attacks on December 21, six of the top ten container shipping firms, including Maersk, MSC, Hapag-Lloyd, CMA CGM, ZIM, and ONE, have either significantly reduced or completely halted their operations in the Red Sea region.

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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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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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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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