March, 2024

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Do We Have Enough Electricity to Power the Future of Supply Chains?

Talking Logistics

The future of supply chains will be enabled by Artificial Intelligence, electric trucks, robots, and other technologies. But only if we have enough electricity to power it all, which is a big question mark (and risk) at the moment. According to research conducted by The American Transportation Research Institute (ATRI), published in December 2022, “Domestic.

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Just Jump

Supply Chain Shaman

During the 1980s, I was on a management team for a large manufacturer. My job was redesigning work to improve effectiveness. The plant was 24 acres under one roof. The concept was a factory with many factories in a common facility. The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team.

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5 Models of AI for Supply Chain Risk Management—And Why They Matter

Resilinc

Welcome to part three of our AI in Supply Chain blog series. In this blog, we explore the different types of predictive AI models for supply chain risk management. In our second AI blog of the series, Predictive AI vs. Generative Supply Chain AI , we looked at the difference between predictive AI and generative AI. Currently, Resilinc uses several predictive AI models in tracking purchase orders (POs) and commodities, autonomous mapping, risk-scoring models, and simulators.

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Collaboration vs. Cooperation in Supply Chain Management

Talking Logistics

In an April 2015 Harvard Business Review article titled “There’s a Difference Between Cooperation and Collaboration,” Ron Ashkenas writes, “Having worked with hundreds of managers over the years, I’ve seen that very few admit to being poor collaborators, mostly because they mistake their cooperativeness for being collaborative.” What’s the difference between the two?

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Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

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Dispelling Untruths: 10 Generative AI Myths

Logility

Leveraging AI for Faster, Strategic Decision Making There is a lot of information out there around generative AI, and it’s difficult to separate fact from fiction. As a member of Logility’s research and development team with a specialization in generative AI, I have a front row seat to witness the rapid expansion of artificial intelligence technology.

More Trending

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It’s Long Overdue: Time to Bridge the Link Between Planning and Execution

Logistics Viewpoints

As an industry, linking supply chain planning and execution has been discussed for decades. Why, in 2024 are we still talking about it and what can be done to move in the right direction? The ability to unify key processes is closely tied to making timely, informed decisions – and the speed and quality of decision-making are crucial factors that significantly impact overall company performance.

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Driving the Future of Automotive — Connected, Autonomous, Electric, Configure to Order

BlueYonder

For over a century, the global automotive industry has been focused on one central technology: the internal combustion engine. But now, the digitalization of the modern car is revolutionizing the industry, with enormous repercussions for the end-to-end supply chain. As cars become more connected, autonomous, electric and configured to order, automotive manufacturers are increasingly becoming software companies.

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Navigating the Waves: Exploring Digital Booking in Ocean Logistics at TPM 2024

Freightos

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. More Resources Home Navigating the Waves: Exploring Digital Booking in Ocean Logistics at TPM 2024 Judah Levine The sessions at this year’s TPM, the preeminent North American ocean freight conference, was more focused on the role of technology in ocean logistics than ever.

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Above the Fold: Supply Chain Logistics News (March 22, 2024)

Talking Logistics

“For all of you Stanford students, I wish upon you ample doses of pain and suffering.” Jensen Huang, Nvidia’s CEO, offered that wish to students at his alma mater last week. “Greatness is not intelligence,” Huang said. “Greatness comes from character. And character isn’t formed out of smart people, it’s formed out of people who. Read more The post Above the Fold: Supply Chain Logistics News (March 22, 2024) appeared first on Talking Logistics with Adrian Gonzalez.

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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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Digital RtM & Supply Chain – 4 Data Points That Will Transform FMCG

Enchange Supply Chain Consultancy

Explore the transformative potential of integrating technology into the distribution network, from producer to point of sale.

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The Ecommerce Fulfillment Blind Spot with Kyle Bertin

The Logistics of Logistics

Kyle Bertin and Joe Lynch discuss the ecommerce fulfillment blind spot. Kyle is the CEO and co-founder of Two Boxes , a returns company that develops technology that enables 3PLs and merchants to improve in-warehouse return operations. About Kyle Bertin Kyle Bertin is the CEO and co-founder of Two Boxes. In 2022, Kyle and his Co-founder Evan Stalter started the company because of their interest and passion for using technology to build more efficient, resilient, and sustainable supply chains.

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Medline is the Largest User of the AutoStore Robotics Solution in the World

Logistics Viewpoints

AutoStore in action at a Medline Distribution Center AutoStore has a lot of buzz surrounding it. This public company (OSE:AUTO) headquartered in Norway achieved revenues of nearly $650 million in less than 20 years. The company continued to grow during COVID even as the industry shrank. And their revenues don’t include services – they work through system integration partners.

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Planning for Natural Disasters: A Growing Priority in Supply Chain Risk Management

Supply Chain Brain

When it comes to assessing supply chain risks, planners generally don’t place natural disasters at the top of the list. But with the growing number of extreme weather events, that could change in the coming years.

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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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How Mobile Workflow Solutions are Shaping Industries

TrackVia

Do you ever feel like you’re constantly playing catch-up in the business world? Like everyone else has figured out some secret formula for success, and you’re still trying to crack the code? Well, buckle up because we’re about to let you in on a little secret weapon that’s been hiding in plain sight: mobile workflow solutions.

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Above the Fold: Supply Chain Logistics News (March 29, 2024)

Talking Logistics

It’s a quiet and rainy Friday morning here in Boston. I’ve been staring at the blinking cursor on my computer screen for some time, but very few words are coming to me. (more blinking) Ok, enough. Here’s the supply chain and logistics news that caught my attention this week: Since many people are out of. Read more The post Above the Fold: Supply Chain Logistics News (March 29, 2024) appeared first on Talking Logistics with Adrian Gonzalez.

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Eight million jobs at risk from rise in artificial intelligence

IT Supply Chain

By Mike Loukides (pictured) Vice President of Emerging Tech, O’Reilly The post Eight million jobs at risk from rise in artificial intelligence appeared first on IT Supply Chain.

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Tecsys’ Corinna Hoag and Vee Srithayakumar Named 2024 Supply & Demand Chain Executive Pros to Know

Tecsys

Award recognizes outstanding executives whose accomplishments offer a roadmap for other leaders looking to leverage supply chain for competitive advantage.

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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 (March 23 – 29)

Logistics Viewpoints

In the early morning hours of April 26, at approximately 1:35am, a cargo ship leaving Baltimore Harbor struck the Francis Scott Key Bridge, triggering a catastrophic collapse of the 1.6-mile-long span. The collapse sent vehicles and people plunging into the water. According to a Coast Guard memo, a harbor pilot and an assistant aboard the cargo ship reported the power issues that prompted multiple alarms on the bridge of the vessel and loss of propulsion.

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Nearshoring Is Booming in Mexico. Here Are Five Numbers to Prove It

Supply Chain Brain

Businesses in the U.S., Canada, and even South America have been bringing their supply chains closer to the consumer — that is, nearshoring — and Mexico has been the beneficiary.

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Shoptalk 2024 Recap: Trends and Insights

BlueYonder

What a great week at Shoptalk 2024 in Las Vegas! The vibe at Shoptalk was festive with a crowd of 27,000+ people at the Mandalay Bay Resort & Casino. Overall, the event was a big success. Shoptalk is one of the more enjoyable conferences in the retail world. It has the feeling of a big large show (which it is!), but all of the conversations make it feel small and intimate at the same time.

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BR Williams Trucking, Inc Achieves Historic Victory in Alabama Trucking Association

BR Williams Supply Chain Management

BR Williams secures first place in three key divisions of the Alabama Trucking Association (ATA) Fleet Safety Banquet, marking a significant milestone in their commitment to highway and workplace safety. Oxford, AL – BR Williams Trucking, Inc., a leading player in the trucking and transportation industry, has achieved a historic victory by placing first in the General Commodities Local Division, General Commodities Linehaul Division, and General Commodities Combined Division at the Alabama Truck

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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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Balancing Profit & Planet in the Supply Chain

IT Supply Chain

By Saskia van Gendt (pictured) Chief Sustainability Officer, Blue Yonder The post Balancing Profit & Planet in the Supply Chain appeared first on IT Supply Chain.

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Clean up Historical Data using Intuiflow

Demand Driven Technologies

Cleaning up demand histories is a classic discipline for any forecaster in the supply chain. When generating a statistical forecast, you must first ensure that the historical data has been cleaned of outliers. Otherwise, beware of GIGO! (Garbage In, Garbage Out). This historical clean-up is generally carried out on monthly buckets, sometimes on weekly buckets.

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Siemens EcoTech: Driving Sustainable Transformation of Industry

Logistics Viewpoints

Aside from creating products that have sustainable benefits, Siemens has increased the value of their offerings by focusing on the traceability and data verification of their products. Companies across the globe are being placed under pressure to keep an accurate record of emissions data across their entire supply chain, due to regulations requiring annual reporting.

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With Suppliers Running at Near-Capacity, Is the ‘COVID Effect’ Finally Fading?

Supply Chain Brain

Are global supply chains finally shaking off the after-effects of the pandemic? The latest findings from GEP’s Global Supply Chain Volatility Index suggest that might be the case.

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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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MRO Strategy Saves UK Food Manufacturer Millions

Synovos

Overhauled MRO Strategy Propels UK Food Manufacturer to Save Millions, Boost Productivity For most companies, the COVID-19 pandemic presented a significant challenge in managing operations. Some navigated that challenge successfully. One food manufacturer based in the UK was among those to successfully manoeuvre through the pandemic and beyond. But it was not the pandemic that made them more productive.

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Truepill Selects Tecsys' Elite™ WMS for Healthcare Distribution to Support Its Growing Mail Order Pharmacy Operations

Tecsys

Three Tecsys recipients recognized with award that honors outstanding executives whose accomplishments leverage supply chains for competitive advantage.

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Geopolitical upheaval and legislative change: More turmoil for shipping?

IT Supply Chain

By Lena von Fritschen (pictured) Director Market Intelligence, Transporeon The post Geopolitical upheaval and legislative change: More turmoil for shipping? appeared first on IT Supply Chain.

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