December, 2023

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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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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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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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What if Your ERP Never Gets Out of the ER?

BlueYonder

How to transform your supply chain (without waiting for your ERP to recover) Wholesale distribution and manufacturing (WD&M) has entered a new era where agility, speed and accuracy are no longer nice-to-haves, but rather uncompromising must-haves for meeting the new omni-channel B2B customer expectation. Once the fast, convenient omni-channel ordering experience spearheaded by retail during the COVID-19 pandemic became the new standard, and B2B customers began to expect the same experience i

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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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This Week in Logistics News (December 9 – 15)

Logistics Viewpoints

As hard as it is to believe, another year is coming to an end. This was certainly another interesting year from a logistics and supply chain standpoint, as we saw the emergence of generative AI take center stage. We also saw a lot of technological advances in transportation, warehousing, supply chain planning, robotics, and last mile delivery, just to name a few.

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The Logistics of Logistics Story with Joe Lynch

The Logistics of Logistics

Joe Lynch and Spencer Tenney discuss The Logistics of Logistics story. Joe is Founder and CEO of The Logistics of Logistics , a media property that provides valuable insights from logistics and supply chain leaders on various topics related to the industry, such as innovation, technology, trends, and the future of freight. About Joe Lynch Joe Lynch is the host of The Logistics of Logistics podcast, which is consistently ranked as a top logistics and supply chain podcast.

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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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Guide to Business Writing

Everything you need to know about better business writing in one place. This is a complete guide to business writing — from a clear business writing definition to tips on how to hone your business writing skills.

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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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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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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 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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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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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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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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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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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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Strategic Cost Management Approaches to Unlock Growth and Increase Profitability

How can businesses gain a competitive edge in an era marked by relentless competition and economic fluctuations? The secret is mastering strategic cost management strategies. This GEP bulletin, "Strategic Cost Management Approaches to Unlock Growth and Increase Profitability," breaks this down into clear, actionable steps. Discover how these strategies can boost your enterprise's financial health, helping not only to keep up but to excel in today's market.

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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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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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IDC MarketScape Names Blue Yonder a Leader in Order Orchestration and Fulfillment

BlueYonder

Blue Yonder has been named as a Leader in the IDC MarketScape: Worldwide Order Orchestration and Fulfillment Applications for Retail 2023 Vendor Assessment (doc #US49615623, December 2023). The report is aimed at “provide[ing] an entry point in a company’s due diligence in looking for the application or suite of solutions that best suit their specific needs as they move toward this goal.

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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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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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You’re only as strong as the weakest link in your network

IT Supply Chain

By Florian Haarhaus (pictured) International General Manager at NAVEX The post You’re only as strong as the weakest link in your network appeared first on IT Supply Chain.

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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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Navigating the Complex World of Supply Chains: Your Guide to Success

Logistics Viewpoints

The modern supply chain is a complex beast. You might think things would become simpler after each peak of complexity, but that’s not the case. So, why not embrace complexity as the new normal and prepare for it? Let’s dive into the challenges of the supply chain and learn how to tackle them. Changing consumer expectations The driving force of complexity: changing consumer expectations.

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How to Conduct Workplace Incident Investigations to Create Safer Workplaces

This white paper provides a comprehensive overview of global workplace incident trends, focusing on the top three biases leading to such incidents. It also highlights the significance of CSA Z1005 as a risk management standard and outlines the ROI of thorough incident investigations, covering emergency response to post-incident interviews. Additionally, it introduces an Investigation Evidence Gathering Matrix.

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Scaling a FreightTech Business with Mark McEntire

The Logistics of Logistics

Mark McEntire and Joe Lynch discuss scaling a FreightTech business. Mark is the Chief Executive Officer off Princeton TMX , a SaaS-based transportation management system (TMS). About Mark McEntire Mark McEntire is the Chief Executive Officer at Princeton TMX, a SaaS-based transportation management system (TMS). Founded in 2016, and located in Fort Wayne, IN, Princeton TMX provides an intuitive user experience, configured to meet specific business requirements and streamline, automate, and opti

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Clone Yourself With a Digital Twin This National Twin Day

BlueYonder

Have you ever been so busy you wished you could clone yourself? What if you could? What would you have your clone do first? In addition to that miles-long to-do list (expense reports – ugh), what could your clone do or learn that could help you work smarter or avoid unnecessary pain? As an identical twin, I can speak firsthand to the power of having your own clone.

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From Management to Orchestration

Supply Chain Brain

Supply chain orchestration entails a higher level of digital maturity and connectivity to standardize and integrate internal, partner and third-party contextual data in a real-time, continuous flow.