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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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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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.

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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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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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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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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

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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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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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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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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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Finding Your Spot on the Inventory Tradeoff Curve

The Smart Software

This video blog holds essential insights for those working with the complexities of inventory management. The session focuses on striking the right balance within the inventory tradeoff curve, inviting viewers to understand the deep-seated importance of this equilibrium. The post Finding Your Spot on the Inventory Tradeoff Curve appeared first on Smart Software.

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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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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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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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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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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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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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The Three Types of Supply Chain Analytics

The Smart Software

In this video blog, we explore the critical roles of Descriptive, Predictive, and Prescriptive Analytics in inventory management, highlighting their essential contributions to driving supply chain optimization through strategic foresight and insightful data analysis. The post The Three Types of Supply Chain Analytics appeared first on Smart Software.

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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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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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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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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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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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Your Supply Chain Challenges, Solved!: 5 Guides

Download these 5 comprehensive guides designed to solve the toughest challenges facing supply chains today. After helping 1,200+ of the world’s most recognized brands to enhance and optimize their supply chains, FourKites has crafted step-by-step guides to help you solve your business’s most pressing challenges. The guides include: reducing transportation costs, improving customer satisfaction, optimizing inventory management, increasing workforce efficiency, and achieving sustainability and ESG

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Warning Signs that You Have a Supply Chain Analytics Gap

The Smart Software

“Business is war” may be an overdone metaphor but it’s not without validity. Like the “Bomber Gap” and the “Missile Gap,” worries about falling behind the competition, and the resulting threat of annihilation, always lurk in the minds of business executives, If they don’t, they should, because not all gaps are imaginary (the Bomber Gap and the Missile Gap were shown to not exist between the US and the USSR, but the 1980’s gap between Japanese and American productivity was all too real).

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Navigating AS9100: Achieving Product Excellence in Aerospace and Defense

Arena Solutions

In aerospace and defense (A&D) there’s little room for error. Whether it’s an aircraft that’s used to execute a critical mission or a defense system that’s deployed in combat—precision, reliability, and safety are paramount. Today’s A&D products are more sophisticated than ever, incorporating intricate electronics, materials, and digitized systems.

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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.