March, 2023

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Inventory Everywhere, But Not the Right Product to Ship

Supply Chain Shaman

The story continues. Bloated inventories. Rising inflation. Tightening of organizational belt-cutting to improve cash. Despite investments in planning, today, industries hold 28 more days of inventory than in 2004. Note that in Figure 1, retail home improvements days of inventory increased 68 days, contract manufacturing days increased 48 days, retail apparel by 28 days, and containers and packaging manufacturing companies by 14 days.

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Welcome to A Day at ProMat 2023

Logistics Viewpoints

ProMat 2023 is being held this week, March 202 -23 in Chicago. I spent the full day yesterday roaming the floor and meeting with exhibitors. For those of you that were unable to attend, this article will provide a thorough second-hand experience of a day at this expansive exhibit. ProMat 2023 occupied both McCormick Place South and McCormick Place North with over 1,000 exhibitors.

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Top of Mind Challenges and Opportunities for Supply Chain and Logistics Executives

Talking Logistics

I met Maria Villablanca, Co-Founder & CEO Future Insights Network, in person for the first time last September at the Transporeon Summit conference in London. We were the bookends of the conference: I gave the opening keynote and Maria wrapped up the conference by sharing her takeaways from the event and moderating an insightful panel. Read more The post Top of Mind Challenges and Opportunities for Supply Chain and Logistics Executives appeared first on Talking Logistics with Adrian Gonzalez

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Supply Chain Risk Management with Barry Conlon

The Logistics of Logistics

Barry Conlon and Joe Lynch discuss supply chain risk management, which is exactly what Barry and his team at Overhaul provide to Fortune 100 companies across the world. Barry is the CEO and founder of Overhaul, an Austin-based company that provides intelligent, real-time supply chain visibility, risk, compliance, and insurance solutions for global shippers and logistics providers.

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Geopolitical & Regulatory Issues: The Path Forward in Supply Chain & Logistics

Speaker: Lisa Anderson, MBA, CSCP, CLTD - President of LMA Consulting Group, S&OP Expert, and Speaker

The world of supply chain and logistics has been plagued with volatility, disruptions, and increased regulations. Several issues are converging simultaneously, creating a precarious path forward. In this webinar, we will talk about the current status of the supply chain and what the successful and unsuccessful paths forward will look like. Join demand planning and SIOP expert Lisa Anderson for a riveting discussion evaluating the geopolitical landscape and looking at the bigger picture to create

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Side-step Oxymorons to Make Progress in Planning

Supply Chain Shaman

I need to clear the air. My goal is to engage the supply chain community in a no smoke and mirrors discussion. Here I am attempting to write a no holds barred post: one absent of hype with a focus on authenticity. My observation is that the supply chain community perpetuates a number of myths about planning. As discussions full of oxymorons, acronyms, and juxtapositions fill the air, I think that it is time to step back, and rethink planning based on the opportunities that new forms of analytics

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How Machine Learning Optimizes the Supply Chain

Talking Logistics

The supply chain as we know it continues to evolve, and that is due in part to learning from the effects of the industry impacts over the last few years. As a result, more advanced supply chain technologies are focusing on the use of artificial intelligence — primarily machine learning (ML) — in various areas. Read more The post How Machine Learning Optimizes the Supply Chain appeared first on Talking Logistics with Adrian Gonzalez.

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Highlights from Manifest 2023 with Courtney Muller

The Logistics of Logistics

Courtney Muller and Joe Lynch discuss highlights from Manifest 2023 conference, which was held in Las Vegas, January 31 to February 2. Courtney is currently the President of Manifest, a new generation event with logistics technology at the center. She leads the Manifest team and drives all strategic partnerships for the event. About Courtney Muller Courtney Muller lived in 8 states before she was 14 years old.

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Supply Chain Optimization Technology for ESG Compliance

AIMMS

The post Supply Chain Optimization Technology for ESG Compliance appeared first on AIMMS.

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This Week in Logistics News (March 11 – 17)

Logistics Viewpoints

Happy St Patrick’s Day! It’s a day to wear green, and apparently, spend some green as well. Every year, the National Retail Federation conducts a survey on St. Patrick’s Day spending. This year, 61 percent of consumers plan to celebrate St. Patrick’s Day, up from 54 percent in 2022 and the highest in the history of the survey. With more celebration comes more spending, and consumers are sparing no expense to go all out for the holiday this year.

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Future Focus: Constructing Unshakeable Stability in Your Manufacturing Supply Chain

Speaker: Jay Black, Senior Account Executive

We’ve all heard the buzzwords to describe new supply chain trends: resiliency, sustainability, AI, machine learning. But what do these really mean today? Over the past few years, manufacturing has had to adapt to and overcome a wide variety of supply chain trends and disruptions to stay as stable as possible. Stability has become key in this post-COVID world, and will remain key moving forward.

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Why We Should Treat the Defense Supply Chain as a Network

The Network Effect

The post Why We Should Treat the Defense Supply Chain as a Network appeared first on The Network Effect.

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Sales & Operations Planning vs Integrated Business Planning

Arkieva

Are you ready to move beyond S&OP to integrated business planning? This blog covers key considerations for implementing IBP. Sales & Operations Planning vs Integrated Business Planning was first posted on March 21, 2023 at 8:12 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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When Execution Meets Visibility

Talking Logistics

It’s time to think beyond appointments. While improved appointment scheduling for the gate and warehouse is a worthy application of real-time transportation visibility data, estimated time of arrival (ETA) knowledge alone isn’t sufficient to meaningfully improve your operations and their efficiency or reduce operational costs at your facility. Visibility data for appointments and gate-in/gate-out events.

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Highlights from TPM 2023 with Peter Tirschwell

The Logistics of Logistics

Peter Tirschwell and Joe Lynch discuss highlights from TPM 2023. Peter is Vice President, Journal of Commerce, the Maritime, Trade & Supply Chain division of S&P Global , a global data, analytics and business intelligence organization serving sectors including maritime, energy, automotive, petrochemical and financial. About Peter Tirschwell Peter Tirschwell is Vice President in the Maritime, Trade & Supply Chain division of S&P Global ;, a global data, analytics and business

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ESG Reporting: It Is Inevitable, But It Doesn’t Mean That It Must Be Complicated

In these challenging times, climate change must inevitably be a top-of-mind priority. We need to act now by making the right decisions. 2022 was the year of corporate commitments to sustainability, and 2023 is the year where promises become proposals, mission statements become metrics, and aims become actions. New regulations have been set regarding the corporates, and they must comply.

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The key to success lies in operations

Supply Chain Movement

In the space of one week, Amazon and Microsoft announced layoffs affecting 20,000 people. This sent shockwaves in Seattle, a city that has been living in a tech bubble for the past decade or so. The ‘tech-cession’ has been rumbling on for a few months now. Although it initially affected smaller tech start-ups, it seems that even tech hyperscales like Amazon and Microsoft can no longer escape this significant shakeout.

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Understand the Pitfalls of IBP Before Embarking on a Supply Chain Transformation

Logistics Viewpoints

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. When a company undergoes a digital transformation, the transformation should be based on an understanding of what they want to achieve. A transformation that is based on the idea that by putting in new applications the company will automate a process, or processes, and provide more and better data to make decisions, is a poor foundation for a true

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What Lesson Learned from Experience Would You Share with Future Supply Chain Leaders?

John Galt

We tapped into a wealth of knowledge from supply chain experts and thought leaders to ask what lesson from experience they would share with future leaders. Read their answers!

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Implementing a Demand Planning Transformation: Pitfalls and Complications

CHAINalytics

Implementing a Demand Planning Transformation is rife with pitfalls. Any organisation engaging in a transformation needs to carefully plan and execute to reap the benefits of their efforts. See how, in a previous blog post on demand planning, we outlined the five steps of the demand planning process. So, is your organisation ready for change … The post Implementing a Demand Planning Transformation: Pitfalls and Complications appeared first on Chainalytics.

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Return to Success: Streamlining Returns in the Supply Chain for Enhanced Efficiency

Speaker: Cathy Morrow Roberson, Research Manager for the Reverse Logistics Association

In today's competitive business landscape, providing a seamless return experience and maintaining an efficient supply chain are critical to customer satisfaction and loyalty. Businesses need to leverage advanced tracking systems and data analytics to identify bottlenecks and improve supply chain visibility. Efficient return management stands as a crucial strategy for optimizing the supply chain.

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Above the Fold: Supply Chain Logistics News (March 31, 2023)

Talking Logistics

When I was a kid, I used to eat mayonnaise on Wonder Bread sandwiches. That’s it. Just mayonnaise, nothing else between the bread. I loved those sandwiches. I certainly enjoyed them more than ham and cheese sandwiches. Whenever we would go on school field trips, they would serve us a boxed lunch, and inside was. Read more The post Above the Fold: Supply Chain Logistics News (March 31, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

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The Power of Partnerships with The Matt Silver

The Logistics of Logistics

Matt Silver and Joe Lynch discuss the power of partnerships in the logistics and transportation space. Matt is the VP of Strategic Partnerships with Greenscreens.ai , a technology that provides predictive pricing recommendations for maximum broker margins. About Matt Silver Matt Silver is the VP of Strategic Partnerships with Greenscreens.ai. Greenscreens.ai is a dynamic pricing infrastructure for the logistics industry that optimizes and enriches historical and real-time market data to predict

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ChatGPT for Supply Chain: Exploring the Opportunities Ahead

SCMDOJO

If you are in the supply chain industry, you are probably well aware of the constant need to optimize processes and improve communication between stakeholders. With the advent of new technologies, businesses have revolutionized how they operate and stay ahead of the curve. And one of the most promising innovations in recent years is ChatGPT for supply chain.

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Supply Chain Shortages Hit the Customer Where it Hurts

Logistics Viewpoints

According to the Federal Reserve Bank of New York , nearly three years after Covid-19 was declared a pandemic, supply chains are back to normal. Actually, when looking a bit closer at the numbers, supply pressures actually fell below normal. Zero marks the historical average, and changes in either direction mark standard deviations from that trend. The February reading in the New York Fed’s Global Supply Chain Pressure Index was -0.26, reaching negative territory for the first time since August

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eCommerce Sustainability: A Comprehensive Look at 2023 Consumer Attitudes

Sifted surveyed 500 consumers to understand their attitudes toward sustainable shipping practices. Their report outlines how important it is to them, how price impacts that importance, and what sacrifices they're willing to make for greener shipping.

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When Adopting New Tools for the Supply Chain, Don’t Forget Change Management

Supply Chain Brain

Why do some companies get so much more value from their supply chain and logistics deployments over time, while others see their value degrade?

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Digital Supply Chain Transformation: Is Bad Data Wreaking Havoc?

CHAINalytics

Data is an essential part of every digital supply chain transformation, and your data accuracy will determine the quality of your results. However, data cleansing is often overlooked, and you’ll feel the ripple effects throughout the process. What data belongs, and what should be left out? What data to include, what data to reconsider, and … The post Digital Supply Chain Transformation: Is Bad Data Wreaking Havoc?

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Across the Pond: The European Transportation Market (March 2023)

Talking Logistics

Author’s Note: I was asked by Transporeon (a Talking Logistics sponsor) to look at what is happening in the European transportation market and they provided me with access to their Transporeon Market Insights data for additional insights and perspective. I once again shared my commentary for this month in a brief Transporeon Journal Market Update. Read more The post Across the Pond: The European Transportation Market (March 2023) appeared first on Talking Logistics with Adrian Gonzalez.

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The Empty Container Marketplace with Sean Bardon

The Logistics of Logistics

Sean Bardon and Joe Lynch discuss the empty container marketplace. Sean is the Co-founder and COO at Qualle , The world’s first empty container marketplace that connects exporters, importers, trucking companies, and steamship lines. Using Qualle’s technology, supply chains run more effectively, more efficiently, and less greenhouse gases are released into the atmosphere.

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The B2B Sales Leader's Guide for Any Economic Environment

When economic headwinds pick up, sales leaders are the first to sound the alarm — and chart a new course. Longer sales cycles, larger buying committees, increased price pressure, and smaller teams can quickly combine to reduce your margin for error and increase the urgency to find a solution. To thrive in a challenging environment, sales teams need a rock-solid grasp of the fundamentals and the biggest force-multipliers they can get their hands on.