January, 2023

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8 Actionable Supply Chain Trends for 2023

The Network Effect

The post 8 Actionable Supply Chain Trends for 2023 appeared first on The Network Effect.

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Demand Planning. When The Answer To Two Simple Questions Is Not So Simple.

Supply Chain Shaman

This blog post started a series of telephone calls. A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The Center of Excellence at the company wanted to improve base-level capabilities but struggled to move forward due to the traditional views of the planning team, which they felt were self-serving.

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Freightos has publicly listed today as Nasdaq:CRGO

Freightos

As of this morning, Freightos is a public company trading on Nasdaq with the ticker CRGO , taking the next step in our journey to make global trade more efficient with the world’s global freight booking and payment platform. Congratulations to our team and our investors on this exciting milestone. Not many startups ever get to become public companies.

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A More Reliable Path to Net Zero: Ivalua’s Latest Innovation Helps Reduce the Environmental Impact of Supply Chains

ivalua

Ivalua’s new Environmental Impact Center empowers Procurement and Supply Chain teams with reliable and actionable insight to reduce Scope 3 Greenhouse Gas (GHG) emissions. EIC’s Unique Capabilities: Ensure transparent carbon emissions baseline based on reliable emissions data Identify and prioritize emissions reduction opportunities Monitor and manage emissions at the product level Redwood City, CA – 31 January, 2023 – Ivalua , a global leader in Cloud Spend Management Solutions , announced the

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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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What does the German Supply Chain Act Mean for Procurement?

ivalua

What Lieferkettengesetz Means for Procurement? By Jan-Hendrik Sohn. The German Supply Chain Act, or Lieferkettengesetz, is a new piece of legislation that came into effect January 2023 with an extended remit from January 1, 2024. The act was established to address issues of sustainability and ethical conduct in global supply chains, and has significant implications for companies and procurement organizations operating in Germany.

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Warehouse Automation: Top Five Factors Impacting Adoption

Logistics Viewpoints

ARC Advisory Group’s Global Warehouse Automation Research study is now complete and available for purchase. The research process includes an analysis of large amounts of information and interviews with executives from numerous warehouse automation providers; and concludes with the publication of ARC’s research study. I provided a glimpse of the study content in an article in October that lists the top 20 warehouse automation suppliers , based on ARC’s estimates of 2021 revenues.

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Building a Company and a Network with Nicole Glenn

The Logistics of Logistics

Nicole Glenn and Joe Lynch discuss building a company a network. Nicole is the Founder & CEO at Candor Expedite , a critical expedite service provider as well as a white-glove B2B company. About Nicole Glenn Nicole Glenn founded Candor Expedite in 2017 after more than two decades in the transportation brokerage business, with a vision to build the smartest and most efficient freight business that delivers on its client’s promises.

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Top 5 Supply Chain Trends in 2023

C3 Solutions

A series of “Black Swan” events that started with the COVID-19 crisis and the global inflationary economic response to the pandemic, stoked by the war in Ukraine and the rise of extreme weather events linked to rising global temperatures - have all shown how vulnerable the global supply chain is to unexpected disruptions.

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E2open’s Ocean Shipping Index Reveals Notably Improved Cross-Ocean Transit Time for Global Freight Deliveries

E2open

Latest report highlights how lessened demand for goods from Asia has continued to reduce port congestion, resulting in an average eight-day decrease in total time from booking to receipt compared to the year-ago period. AUSTIN, Texas – January 19, 2023 – E2open Parent Holdings, Inc. (NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, today released the Q4 2022 edition of its Ocean Shipping Index, a quarterly report that offers data-driven insights to

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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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Supplier Diversity: From Checking-the-Box to a C-Suite Strategy

ivalua

Public Procurement: Building Business Cases and Driving Momentum. For the Government, supplier diversity programs are something procurement professionals in the United States (US) have accepted as a key element to their procurement success. Since their inception more than 50 years ago, supplier diversity programs have spread beyond public procurements.

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Southwest Airlines Puts Spotlight on Another Supply Chain Weak Link

Talking Logistics

By now, you’ve probably read all about Southwest Airlines’ operations meltdown during the holidays. While bad weather played a part, so did another factor that is getting a lot of attention now: technical debt. In a New York Times opinion piece, Zeynep Tufekci, a professor at Columbia University, describes the problem as follows: This problem. Read more.

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Network Visibility and Supply Chain Planning Work Better Together

Logistics Viewpoints

Infor is one example of a supplier that offers both advanced visibility and supply chain planning. There is a vintage television commercial for Reese’s Peanut Butter cups. One character says to another, you got chocolate in my peanut butter.” The other responds, “no, you got peanut butter on my chocolate.” The two then conclude that peanut butter and chocolate are better together.

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Building World Class Tech for Final Mile with Eddie Misicka

The Logistics of Logistics

Eddie Misicka and Joe Lynch discuss building wolrd class tech for final mile. Eddie is the Vice President of Product Development at OneRail an Orlando-based last mile transportation visibility solution providing shippers with Amazon-level dependability and speed. About Eddie Misicka Eddie Misicka is the Vice President of Product Development at OneRail.

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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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The E-Commerce Reset

Cathy Roberson

Post-pandemic business-to-consumer (B2C) e-commerce and the last mile are potential opportunities for retailers. E-commerce sales are higher than in the pre-pandemic period, as are shipping costs. But, retailers are mitigating these costs in several ways, resulting in volume declines for FedEx and UPS. Thanks for reading Rethinking supply chains! Subscribe for free to receive new posts and support my work.

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Building Environmentally Aware, Sustainable Indian Supply Chains

CHAINalytics

Building resilient and sustainable supply chains are some of the most critical factors supporting sustained economic growth. The importance of efficient, environmentally aware supply chains in growing economies like India cannot be overstated. Sustainable supply chains are what the Indian economy needs most right now And not just sustainable. These resilient supply chains must also … The post Building Environmentally Aware, Sustainable Indian Supply Chains appeared first on Chainalytics.

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Insights on Fulfillment and Operations Management

Amware Logistics and Fulfillment

On a recent episode of the Unboxing Fulfillment Podcast , host Harry Drajpuch chatted with supply chain veteran, Jim Tompkins, on a range of issues related to fulfillment and operations management. Jim is the author of 31 books and, between them, Jim and Harry have over 70 years of industry experience. Here are a few of the notable fulfillment and operations insights from the episode, with commentary.

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Supply Chain Talent Management (Insights from Indago)

Talking Logistics

As I highlighted last February in “The Labor Shortage Problem: Why It’s Bigger Than You Think And How To Address It,” which included insights from a presentation by labor economist Ron Hetrick titled “The Demographic Drought,” there are various factors leading to decreased labor availability around the world. Unfortunately, this problem is projected to get.

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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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Apple’s China Problem

Logistics Viewpoints

I am getting questions from friends and acquaintances about whether the US’s supply chain woes are over. Afterall, port congestion has cleared, transportation costs have gone down, we are seeing far fewer product shortages, and the looming recession will likely take some of the pressure off hiring and retention woes. The people I talk to are surprised when I say supply chain challenges are not going to disappear any time soon.

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End to End Supply Chain Disruption with Pam Simon

The Logistics of Logistics

Pam Simon and Joe Lynch discuss end to end of supply chain disruption, which is what the Manifest Conference is all about. Pam is the Conference Chair & EVP Programming at Connectiv where they organize and host Manifest : The Future of Logistics is Here. 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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Top 10 CEOs Who Have Had Roles in Supply Chain

SCMDOJO

From tech giants to manufacturing leaders, the top 10 CEOs in the supply chain industry have blazed a trail of success. Explore their stories and accomplishments, and be inspired to become an effective leader in your own right. Don’t forget! We have tons of other interesting blogs with valuable insights related to the supply chain field, such as the following: 6 Logistics KPIs Attributes That are Essential Evolution of Supply Chain Management and Logistics Rising Supply Chains Complexity &

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18 Ways to Get SALES Involved in Demand Planning

Silvon Software

Collaboration between Sales and Operations professionals in the demand planning process is critical if you want to achieve better delivery rates, higher service levels, fewer stock-outs and increased customer satisfaction. While the Supply Chain department has a clear view of “regular” demand patterns, Sales has insights into exceptions, new opportunities, new products and promotional activities.

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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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What is ESG reporting and how can an ERP help?

SYSPRO Smarter ERP

Sustainability has come onto the agenda of many businesses, with environmental, social, and governance (ESG) goals becoming major considerations. ESG reporting is a way for businesses to disclose the impacts of ESG programs to their stakeholders. Reporting requires businesses to collect and track data on their ESG performance and report this information in a transparent and consistent manner.

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Greening Your Logistics: The Impact is Bigger Than You Realize

Talking Logistics

It’s now cliché to say that sustainability is on the minds and budgets of executives. In a way, it has always been there, especially regarding logistics. All other things being equal, less fuel consumption and fewer miles driven result in lower costs. Reducing transportation costs, shaving off shipping time, and generally using transportation equipment more.

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The Southwest Airlines Debacle – What Really Happened

Logistics Viewpoints

Passenger searches for her luggage inside the Southwest terminal at Los Angeles International Airport. In all, Southwest has canceled about 15,700 flights since winter weather began disrupting air travel on December 22, far more than other airlines. A week after severe winter weather wreaked havoc on holiday air travel across the United States, other major carriers were back up and running.

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The Year Ahead with Doug Waggoner

The Logistics of Logistics

Doug Waggoner and Joe Lynch discuss the year ahead. Doug is the CEO of Echo Global Logistics , a leading provider of technology-enabled transportation and supply chain management services. About Doug Waggoner. Doug Waggoner has served as Chief Executive Officer of Echo Global Logistics since December 2006 and was a Board member from 2008-2021. Waggoner served as Chairman of the Board from 2015 until 2021.

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Building Cyber Resilience and Data Integrity in Your Supply Chain

Learn about the most frequently occurring cybersecurity breaches coming from third party suppliers, vendors & contractors. Master how to spot security gaps and how to mitigate future cyberattacks. In this eBook, you will learn: How to define reasonable levels of security for your suppliers, vendors, contractors, etc.

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Three Keys to a Just-In-telligent Supply Chain

Supply Chain Brain

Manufacturers, distributors and retailers need to pivot to a smart just-in-telligent methodology, blending just-in-time and just-in-case with the science of artificial intelligence (AI) and automation.

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What ChatGPT Could Mean for Cybersecurity & Data Privacy

IT Supply Chain

By Camilla Winlo (pictured) Head of Data Privacy at Gemserv The post What ChatGPT Could Mean for Cybersecurity & Data Privacy appeared first on IT Supply Chain.

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8 manufacturing ERP trends for 2023

SYSPRO Smarter ERP

As we move into a new year, we look forward to how ERP software will innovate for companies to capture benefits across their value chain. These advances will be seen not only in transformational digital technologies, but also in solutions for new ways of working, business decision-making, and automation of manual, routine workloads. While there will be many innovations in 2023, here are eight trends for manufacturers to focus on when planning their digital future. 1.