December, 2023

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Supply Chain Resilience. Really?

Supply Chain Shaman

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. This follows the recent announcement by the White House Council on Supply Chain Resilience launching 30 proposed actions to strengthen America’s supply chains and the ASCM recent publication on resilience.

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Ask the Experts: How Does Innovation Impact the Skills Needed to Excel in Supply Chain?

John Galt

We asked supply chain experts and thought leaders: How does innovation impact the skills needed to thrive in supply chain? Read their thoughts!

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2024 Supply Chain Predictions – Relative Stability and a Migration to the Mean

Logistics Viewpoints

The end of the calendar year is sure to bring about predictions about the year ahead. Media sources are filled with prognostication. And Logistics Viewpoints has a history of its own supply chain predictions for the year ahead. My colleagues and I will likely publish a detailed list of predictions related to supply chain operations and technology. But today I would like to take a moment to review recent changes in supply chain barometers and apply a positive perspective on what these indicators

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A Unified Approach to Combating Modern Slavery in Supply Chains

Supply Chain Brain

Although the global business community has been confronting modern slavery for years, it hasn’t been able to slow its rise. But there is an opportunity for that to change.

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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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White House Hosts First Meeting of Supply Chain Resilience Council

Supply Chain Brain

While most supply chain disruptions have dissipated, continued challenges led to the White House giving supply chains another bump in the news cycle with its inaugural meeting of the Council on Supply Chain Resilience.

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Effective Supply Chain Planning Is All In The Data

Talking Logistics

It was a beautiful, sunny afternoon, and we were headed to one of our favorite weekend getaway destinations. My plan to get there was pretty straightforward; I knew the best route and all the usual traffic patterns, so we set out on what should have been a two-hour drive. Four hours later, we finally arrived, Read more The post Effective Supply Chain Planning Is All In The Data appeared first on Talking Logistics with Adrian Gonzalez.

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2023 Recap – Through the Lens of Supply Chain

Talking Logistics

As 2023 comes to a close, we look to the events that took place this year to help us prepare for bringing in the new year. Much like the last five years, 2023 brought significant challenges for the various players in our global supply chain — from labor strikes, continued port congestion and more — Read more The post 2023 Recap – Through the Lens of Supply Chain appeared first on Talking Logistics with Adrian Gonzalez.

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The Warehouse Execution System: A New Competitive Imperative

Logistics Viewpoints

In today’s fast-paced, hyper-competitive, omni-channel world, warehouses play a critical role in maximizing service and fulfilling the ambitious customer promises that are required today. Warehouses also represent an enormous cost center. Companies annually spend about $325 billion on warehousing — and 85% of that cost goes to operating expenses that include labor, space and equipment.

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Unlocking Logistics Profits with Matt McKinney

The Logistics of Logistics

Matt Mckinney and Joe Lynch discuss unlocking logistics profits. Matt is the Co-founder and CEO of Loop , a modern transportation audit & pay company. About Matt McKinney Matt Mckinney is the Co-founder and CEO of Loop, a modern transportation audit & pay company. Loop’s AI-driven platform removes payment friction in the supply chain to unlock margin and increase liquidity.

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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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3 New Innovations Set to Enhance the Cold Chain, Reduce Health Risks, and Cut Pharmaceutical Supply Chain Costs

The Network Effect

The post 3 New Innovations Set to Enhance the Cold Chain, Reduce Health Risks, and Cut Pharmaceutical Supply Chain Costs appeared first on The Network Effect.

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How to Calculate Safety Stock and Evaluate Different Methods

Arkieva

Uncertainty and volatility have been around for decades. There are several methods of leveraging safety stock in the supply chain to mitigate risk. How to Calculate Safety Stock and Evaluate Different Methods was first posted on December 7, 2023 at 8:19 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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AI Technology Ensures Supply Chain Integrity Beyond the Holidays

Supply Chain Brain

By adopting AI technology to analyze critical enterprise-wide contract data and gain insights into supplier practices, companies can identify red flags and deviations from compliance standards

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Top 10 Talking Logistics Posts in 2023 (Plus Indago & Other Highlights)

Talking Logistics

I’ve always said, if you’re in supply chain management, you’re in the risk management business. You have your typical risks, like natural disasters and labor strikes, with the latter becoming more prevalent this past year. As reported by Kate Bronfenbrenner in the Wall Street Journal, “As of Oct. 31, there were 354 strikes in 2023. Read more The post Top 10 Talking Logistics Posts in 2023 (Plus Indago & Other Highlights) appeared first on Talking Logistics with Adrian Gonzalez.

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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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The Coolest Supply Chain Boutique Consultants

Logistics Viewpoints

I’ve completed research on supply chain planning (SCP) boutiques. My colleague Clint Reiser has completed a study on warehouse management system (WMS) boutiques. We are teaming up to bring you the coolest supply chain boutiques, listed alphabetically, that we identified through those studies. What is a boutique? A boutique is a small, regionally focused system integration and consulting firm.

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Manifest 2024 with Pam Simon

The Logistics of Logistics

Pam Simon and Joe Lynch discuss Manifest 2024. Pam is the EVP and Conference Chair at Manifest: The Future of Supply Chain & Logistics which will be held February 5th – 7th, 2024, at Caesars Forum, Las Vegas. About Pam Simon Pam Simon is a successful entrepreneur and business connector with more than 15 years of experience in event production, content creation, experiential marketing and angel investing.

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From Requirements to Launch: Arena’s Expanded QMS Capabilities Help Speed Innovation

Arena Solutions

Getting high-quality, compliant products to market is a long and arduous journey for most manufacturers. In the case of medical device companies, it takes three to seven years to introduce new products. While much of this time is dedicated to conceptualization, prototyping, and testing, the approval process by regulatory bodies such as the Food and Drug Administration (FDA) and European Commission (e.g., 510(k) , premarket approval , CE certification ) can take up to one year.

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Unlocking Success: Why Strategic Sourcing Is Important for Your Company

Precoro

The dynamic landscape of modern business comes with increasing product variety and volatile prices, making it more important than ever to stay competitive on the market. To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

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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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The Next Great Supply Chain Shortage: Talent

Supply Chain Brain

For the past few years, the topic of the microchip shortage dominated media headlines. Now, another shortage is creating obstacles on the path to equilibrium in the semiconductor supply chain: talent.

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Above the Fold: Supply Chain Logistics News (December 15, 2023)

Talking Logistics

Did you know that there is an Excel World Championship — “the Olympics of competitive ‘spreadsheeting’?” I didn’t until I read about it in the Wall Street Journal this week. As Robert McMillan reported: Thrills were off the charts at the main tournament, where rivals battled for the Excel championship over three 30-minute sessions that. Read more The post Above the Fold: Supply Chain Logistics News (December 15, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

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Editor’s Choice: A Cybersecurity Planning Framework

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. This article is from Patrick Byers, DevOps Engineer at Lucas Systems, and looks at cybersecurity planning frameworks. It is important to have a robust incident response plan in place for your distribution operation in the event of a cybersecurity breach.

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Constructive Play with Digital Twins

The Smart Software

Those of you who track hot topics will be familiar with the term “digital twin.” Those who have been too busy with work may want to read on and catch up. While there are several definitions of digital twin, here’s one that works well: A digital twin is a dynamic virtual copy of a physical asset, process, system, or environment that looks like and behaves identically to its real-world counterpart.

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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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10 Best Inventory Management Books

EMERGE App

Inventory management is a tough task, especially when you’re starting out. Though having practical knowledge is great, but sometimes theoretical knowledge can come handy. There are lots of inventory management books available which can help you understand basics, but I am here with the list of best books in the market. Inventory management books really help us in establishing the basics, concepts, and visualization of the inventory management , and give insight to the common problems and their s

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LinkedIn Reacts to AWS Supply Chain: Too Narrow in Scope?

New Horizon Supply Chain Blog

London-based Supply Chain Digital editor Sean Ashcroft covers the launch of Amazon’s AWS Supply Chain and quotes a number of experts, including New Horizon’s Chao-Ming Ying. The post LinkedIn Reacts to AWS Supply Chain: Too Narrow in Scope? appeared first on New Horizon.

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How Generative AI Promises to Transform Procurement

Supply Chain Brain

As the landscape of supply chains grows increasingly complex and data-driven, the role of artificial intelligence becomes more critical in streamlining procurement processes.

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Bringing Together Supply Chain and Logistics Collaboration with Business Networks

Talking Logistics

As we head into 2024, it’s important to remember (and apply!) the important lessons learned from the past few years, especially those in response to the Covid pandemic. One of the key lessons learned is the importance of creating a resilient supply chain. As the authors of a July 2021 Boston Consulting Group article state, Read more The post Bringing Together Supply Chain and Logistics Collaboration with Business Networks appeared first on Talking Logistics with Adrian Gonzalez.

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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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This Week in Logistics News (November 25 – December 1)

Logistics Viewpoints

To say that Black Friday weekend shopping was a success would be an understatement. In fact, to kick off the holiday shopping season, a record 200.4 million shoppers hit the stores and the internet to capitalize on Black Friday and Cyber Monday deals, according to a survey by the National Retail Federation. The turnout topped last year’s figure of 196.7 million shoppers and the NRF’s forecast for about 182 million people during the five-day weekend.

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As Business Risks Escalate, the Case for IT Managed Services Strengthens

IT Supply Chain

By Art Nichol (pictured) Chief Technology Officer at Windstream The post As Business Risks Escalate, the Case for IT Managed Services Strengthens appeared first on IT Supply Chain.

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Santa Upgrades Workshop with QAD Import Management: A Festive Case Study

QAD

Amidst the joyous buzz of the holiday season, we bring you a whimsical yet imaginary case study that peeks into Santa’s Workshop. Join us as we envision how Santa Claus can harness QAD Import Management, using cutting-edge technology to transform the legendary workshop’s operations and help bring holiday cheer! FOR IMMEDIATE RELEASE North Pole — December 21, 2023 — In a groundbreaking announcement, Santa Claus, the beloved figure of holiday cheer, has revealed that he’s added a touch