October, 2024

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What the 2024 Nobel Prize Means for SCM Research

SCM Research

This year’s Nobel Memorial Prize in Economic Sciences was awarded to Daron Acemoğlu, Simon Johnson and James A. Robinson for their research on how political institutions affect long-term economic prosperity. Their work shows how colonial-era institutions continue to influence whether countries develop inclusive systems that foster growth or extractive systems that benefit elites and perpetuate inequality.

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10 Essential Steps to Enhance Your Supply Chain Cybersecurity

Logility

With more and more triple extortion scams on the rise, organizations need to use a layered defense model to get ahead of cybersecurity risks. In a keynote session at LogiCon24 , one of the speakers, Rachel Wilson, spoke in detail on tactics to supply chain cybersecurity risk mitigation. Here are 10 tips for avoiding and managing cyber-attacks. Patch & Update Devices: Software manufacturers are constantly discovering new flaws, bugs, and weaknesses in their code.

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Top 10 Benefits of S&OP (Sales & Operational Planning)

Enchange Supply Chain Consultancy

This article was first published several years ago but it is about time for a refreshed look at what S&OP brings to your business.

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How to Motivate Suppliers Across the Value Chain? Engage, Engage, Engage

IT Supply Chain

By John Spear (pictured) Director at Epi Consulting The post How to Motivate Suppliers Across the Value Chain? Engage, Engage, Engage appeared first on IT Supply Chain.

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Speeding Robotics Automation with AI

The $53 trillion manufacturing economy in the US is undergoing a major automation paradigm shift due to Artificial Intelligence (AI). Thanks to new practical frameworks, automation projects that were once impossible or inefficient to implement are now being fast-tracked, and robotics automation is becoming increasingly relevant to a growing number of users and scenarios.

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Process Research Methods for Studying SCM Phenomena

SCM Research

Our discipline is often dominated by propositional theorizing, which understands theories in terms of cause-and-effect relationships. In a previous post, I discussed how pluralism in theorizing styles ( propositional , perspectival , and provocative theorizing ) can enrich SCM research. A recent article by Julia Grimm, Ann Langley, and Juliane Reinecke ( Process Research Methods for Studying Supply Chains and Their Management ) introduces process theorizing as an additional option.

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More Trending

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Enabling Business Transport Excellence

Talking Logistics

In a July 2024 survey of our Indago supply chain research community and Alpega customers, almost three quarters of the respondents (72%) said that integrating a large “open network” of vetted and trusted carriers with a transportation management system (TMS) would be either “Extremely Beneficial” or “Very Beneficial.” That’s not surprising given that the transportation.

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An Effective Productivity Tool – Cash Conversion Cycle

SCMDOJO

What do you often think about business growth? What is the heck behind lean productivity, profitability, and good relations with suppliers and customers? This is how Cost and value are distributed throughout the Supply Chain. Business Growth, Profitability, and internal and external customer relationships solely depend on Cost. Even so, the game-changer in the fast-paced business world is how well you manage the Cash Conversion Cycle throughout the Supply Chain.

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Postman Pat, Postman Pat, Postman Pat & his Supply Chain hat

Enchange Supply Chain Consultancy

The UK Royal Mail; a complicated supply chain but failing to deliver a core service offering is as unforgivable as it is in FMCG.

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Supply Chain & Logistics News Round Up (October 7th-11th 2024)

Logistics Viewpoints

Supply Chain & Logistics News Round-Up (October 7th – 11th) This past week, I’ve been playing tourist in London, one of my favorite cities in Europe. I visited the British Museum and paid extra to see their “Silk Road” exhibit. The exhibit featured dozens of items, articles of clothing, and mementos dating back to the era of the Silk Road.

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Tail Inventory: The Silent Cost Driver You Shouldn't Ignore

Learn how centralizing slow-moving SKUs can help reduce fulfillment costs by $300M+ while boosting fulfillment efficiency.

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FreighTech24: Highlights and Themes

Freightos

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. More Resources Home FreighTech24: Highlights and Themes Judah Levine October 16, 2024 Dive deeper into freight data that matters Learn More Freightos was delighted to host its seventh annual FreighTech conference recently, bringing together leaders in freight technology and digitalization across carriers, forwarders, BCOs and tech providers once again to discuss progress

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The RocketFuel Story with Josh Beatty

The Logistics of Logistics

Josh Beatty and Joe Lynch discuss the RocketFuel story. Josh is the Co-Founder of Launch Fulfillment, LaunchPath Logistics, and RocketFuel Parcel Recharge. As Josh and his partner scaled Launch Fulfillment , they encountered some cash flow issues inherent in high volume parcel shipping that their ecommerce customers required. They recognized that many other 3PLs would have the same problem, so they created RocketFuel , a recharge metering system that ensures upfront payments for every shipment

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Bridging the Supply Chain Planning & Execution Gap

Talking Logistics

Historically, there has been a disconnect between Supply Chain Planning and Supply Chain Execution processes and applications. As a result, companies tend to plan, optimize, and execute their inventory, labor, transportation, and warehousing operations separately (that is, in a siloed manner). Is that the case at your company? What are the main problems caused by.

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GenAI Transforms S&OP: Better Alignment and Improved Employee Experience

Logility

The pace of technological evolution is pushing organizations to the brink. This is more evident in supply chain, where time-tested methods are being replaced with new ones. These new approaches not only improve existing processes but also reimagine them altogether. Enter Generative AI (GenAI). The groundbreaking technology is transforming how companies manage sales and operations planning (S&OP).

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.

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The Costly Oversight: Why Your Inventory Rebalancing Strategy Is Failing You

ToolsGroup

Are you making the fatal mistake of underestimating the importance of inventory rebalancing? Many retailers treat inventory management as a mundane task rather than a strategic lever for success. This oversight can lead to hidden costs that not only erode your profits but also jeopardize your customer loyalty. It’s time to challenge your existing beliefs about inventory management and recognize how ineffective rebalancing can significantly impact your bottom line.

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How Autonomous Delivery Vehicles Are Redefining Last-Mile Logistics

Logistics Viewpoints

Autonomous delivery vehicles (ADVs) are bringing significant changes to last-mile logistics, an essential component of the supply chain. With the rising demand for faster and more cost-effective deliveries, ADVs are becoming a viable solution to a variety of logistical challenges. For professionals in logistics and supply chain management, understanding the implications of this technology is crucial, as it has the potential to fundamentally change the way goods are transported and delivered.

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Blue Yonder’s Key Takeaways  from the 2024 Gartner® Supply Chain Planning Summit

BlueYonder

Last week, a team from Blue Yonder attended the 2024 Gartner ® Supply Chain Planning Summit in London. The theme of this year’s conference was “Generating Value Together: Beyond Accuracy, Toward Intelligence.” In our opinion, while forecast accuracy used to be the number one priority for supply chain planners, the event put forward the importance of intelligent decision-making to balance multiple objectives when planning — such as margins, cash and growth — to drive real value from operations.

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The Revenue Engine with Kara Smith Brown

The Logistics of Logistics

Kara Brown and Joe Lynch discuss the revenue engine. Kara is the Founder and CRO of LeadCoverage , the premier B2B marketing and PR firm dedicated to helping logistics companies increase lead generation through targeted marketing strategies and media coverage. About Kara Brown A prominent thought leader in B2B go-to-market strategy, Kara Smith Brown is CEO of LeadCoverage, the pioneering consultancy transforming approaches to PR, demand generation and marketing across the supply chain, heavy in

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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Above the Fold: Supply Chain Logistics News (October 11, 2024)

Talking Logistics

I’m back from almost 4 weeks on the road. That is 3 weeks and 4 days longer than the U.S. East Coast Ports strike lasted (although, as I highlight below, the strike has only been paused until January 2025). Where have I been? I was in Phoenix, Arizona for The Logistics & Supply Chain Forum. Read more The post Above the Fold: Supply Chain Logistics News (October 11, 2024) appeared first on Talking Logistics with Adrian Gonzalez.

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10 Essential Steps to Enhance Your Supply Chain Cyber Security

Logility

With more and more triple extortion scams on the rise, organizations need to use a layered defense model to get ahead of cyber security risks. In a keynote session at LogiCon24 , one of the speakers, Rachel Wilson, spoke in detail on tactics to supply chain cyber security risk mitigation. Here are 10 tips for avoiding and managing cyber-attacks. Patch & Update Devices: Software manufacturers are constantly discovering new flaws, bugs, and weaknesses in their code.

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Spare Parts to Profits: Strategic Inventory Mastery

ToolsGroup

In the competitive industrial landscape, efficient spare parts inventory management is crucial to maintaining seamless operations and driving profitability. Spare parts supply chains, however, come with their own set of complexities, requiring targeted strategies and specialized tools to meet these unique demands effectively. Service level plays a pivotal role in the aftermarket industry, directly impacting customer satisfaction and loyalty.

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Direct Spend Management: A Checklist for Enabling Shared Value with Direct Suppliers

Logistics Viewpoints

Harvard Business Review recently published an article, “ To Build Resilience, CEOs Need to Become Supply-Chain Experts ”. They noted the fact that companies whose leaders had supply chain experience took a more proactive approach to addressing potential supply-chain challenges, and in leveraging the supply-chain function to generate new business opportunities.

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Breaking The Commerce Bottleneck: Your SAP Exit Plan Starts Now

Speaker: Jason Cottrell and Gireesh Sahukar

Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.

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Retailers Beware: Returns Fraud on the Rise As Criminals Get More Creative

BlueYonder

Returns already have a significant impact on retailers’ bottom line. National Retail Federation (NRF) data reveals that for every $1 billion in sales, retailers incur an average of $145 million in merchandise returns. To make matters worse, returns fraud is also on the rise. Last year, 13.7% of retail returns were fraudulent, up from 10.4% in 2022, costing retailers $101.91 billion in 2023 alone.

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How MTSS Platforms Can Prepare the Next Generation of Supply Chain Professionals

SCMDOJO

The global supply chain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. As businesses strive to enhance efficiency, resilience, and sustainability, the demand for skilled supply chain professionals has never been higher.

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[Editor’s Pick] The Carbon Border Adjustment Mechanism: Reshaping Global Trade for a Greener Future

Talking Logistics

Note: Today’s post is part of our “Editor’s Pick” series where we highlight posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This recent post by Phani Reddy from e2open’s blog highlights the EU’s Carbon Border Adjustment Mechanism — what it is, how it will.

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Detention Pay Explained and How Dock Scheduling Software Can Reduce It

C3 Solutions

Introduction: What Is Detention Pay? Let’s be real – no one likes waiting, especially when it costs money. In trucking, waiting can cost a lot. “ Detention pay ” is what drivers get when they’re stuck at a warehouse or loading dock longer than planned. It compensates drivers for their time if they can’t start driving because they’re kept waiting too long.

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Revolutionizing Hiring: Remote-Insourcing That Slashes Turnover & Training Costs!

What is Remote-Insourcing? Sounds like an oxymoron, right? Not anymore. Remote-Insourcing isn’t outsourcing—it’s a revolutionary staffing model that lets our clients fill key entry-level positions with top-tier, loyal, long-term talent, integrated seamlessly into their businesses—just like local employees but without the turnover or W2 HR hassles. With under 4% unwanted attrition, you train once and keep the same team for years.

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A Thing of Beauty: How Belcorp Mastered Its Supply Chain Complexity with Advanced Multi-echelon Inventory Optimization and Planning Digital Solution

ToolsGroup

At ToolsGroup, we provide cutting-edge AI and machine learning solutions to enhance supply chain resiliency and efficiency. In this article, I’ll discuss a case study which involved our customer Belcorp, a Latin American direct-sales beauty corporation. This article will examine the challenges Belcorp faced with managing its extensive product range and complex supply chain and how our solution set, which includes Service Optimizer 99+ (SO99+), Demand Planning, and the Multi-Echelon Inventory Opt

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Amul’s Optimized Supply Chain: Driving Global Growth in the Dairy Industry

Logistics Viewpoints

India’s growth story can continue if it streamlines and effectively manages its supply chain like the iconic dairy brand Amul that recently entered the US market. Amul formed a strategic partnership with the Michigan Milk Producers Association (MMPA) to facilitate its US product launch. MMPA is responsible for the collection and processing of milk, while the Gujarat Cooperative Milk Marketing Federation (GCMMF), which operates Amul, oversees marketing and branding initiatives.

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Celebrating Our 2024 Global Week of Giving: A Visit to Akshaya Patra

BlueYonder

For the second year in a row, Blue Yonder celebrated Global Week of Giving , a time when our associates from around the world come together to give back to the communities where we operate. Giving back strengthens our commitment to creating positive change and reflects the ongoing passion of our associates, who dedicate their time and energy to making a difference.

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