Sat.Jul 30, 2022 - Fri.Aug 05, 2022

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Modernizing Your Supply Chain is Not Enough

Enterra Insights

The late Thomas Samuel Kuhn, an American philosopher of science, introduced the term “paradigm shift” in his 1962 The Structure of Scientific Revolutions. The term caught on. As Tania Lombrozo ( @TaniaLombrozo ), a psychology professor at Princeton University, notes, “Talk of paradigms and paradigm shifts has since become commonplace — not only in science, but also in business, social movements and beyond.”[1] She adds, “A paradigm shift is defined as ‘an impo

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Top 3 reasons to upgrade to the latest release of your ERP software

SYSPRO Smarter ERP

A modern ERP software platform provides this foundation, serving as a central source of truth for financials, operations, and the supply chain — essentially every aspect of a manufacturing or distribution business. But not just any ERP platform will do. Just as the market changes rapidly, so does technology, and to take full advantage of the new technologies and new capabilities that enable digital transformation , it’s important to deploy the latest version of software.

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Reduce Excess Inventory While Protecting Margins with a Pricing and Promotion Analysis  Solution

Logility

Your ship’s come in! That’s a good thing, right? Much of the merchandise languishing aboard cargo ships stuck in ports around the world during the pandemic-fueled supply chain crisis has made it to store shelves. No doubt this brings some mirth and merriment in an otherwise bleak stretch for consumers, but it also brings a massive migraine for retailers.

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Don’t Fear What is Outside Your Box – It Can’t Bite You!

Logistics Viewpoints

The only way to drive business is to embrace change; in today’s uncertain world, this is more valid than ever. Still, we can see that it is hard for many companies to go outside of their box and challenge the status quo. I have seen a lot of scary examples where a company wants to stay in the old box and connect new technologies and innovation…….and they fail, again and again and again.

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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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Retail Returns: The Key to Driving Business Growth

ToolsGroup

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. Yet, in today’s omnichannel world, retail returns are key to driving business growth, thanks to their ability to enhance the customer experience, minimize losses, and preserve long-term revenue.

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Reshoring: “The Beginning of De-globalization” or More of the Same?

Talking Logistics

As reported by Dion Rabouin in the Wall Street Journal last week, “top executives at large U.S. companies are increasingly talking up bringing workforces and supply chains back home — known as ‘re-shoring’ — during second quarter earnings calls. Data from Bank of America shows use of the term has spiked to a record level, Read more Reshoring: “The Beginning of De-globalization” or More of the Same?

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Can Improving Forecast Accuracy Address Our Demand Planning Woes?

Logistics Viewpoints

If “the forecast is always wrong,” is improving forecast accuracy even the solution to our demand planning woes? In times that continue to defy our ability to predict them, the words of famous statistician George Box have never been more right: “All models are wrong, but some are useful.” So what can we do to make models more useful? Artificial intelligence and machine learning ( AI/ML ) can improve forecast accuracy, but a bigger problem is the failure to set accurate expectations around foreca

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How to Handle Supply Chain Planning in the Face of Chaos

The Network Effect

The post How to Handle Supply Chain Planning in the Face of Chaos appeared first on The Network Effect.

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Logistics Buyers Survey with Jim Bierfeldt

The Logistics of Logistics

Jim Bierfeldt and Joe Lynch discuss the logistics buyers survey created by Jim and his team at Logistics Marketing Advisors. About Jim Bierfeldt. Jim Bierfeldt is the Founder and President of Logistics Marketing Advisors. Jim has had a 35-year career in marketing and communications, including 25+ within the logistics industry. He ran marketing for a large 3PL before launching his own marketing agency, Logistics Marketing Advisors, which focuses exclusively on providing marketing strategy and ser

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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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Above the Fold: Supply Chain Logistics News (August 5, 2022)

Talking Logistics

There are many reasons why I can’t think straight this morning, so I’ll just go straight to the supply chain and logistics news that caught my attention this week. Amazon launches same-day delivery from some brick-and-mortar retail brands (CNBC) Aurora and Schneider to Autonomously Haul Freight in Texas Self-Driving Truck Accident Draws Attention to Safety.

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The Global Warehouse Automation Market is “En Fuego”

Logistics Viewpoints

Earlier this week I saw an investor video discussing growth stock performance. It included all of the usual suspects – Amazon, Alphabet (Google), Tesla, and other household technology names. This was on a day I was busy analyzing the global warehouse automation market. I had just reviewed KION Group’s financials that showed the Supply Chain Solutions segment (Dematic) grew by 44 percent in 2021.

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Overcoming The Barriers to Use Channel Data

Supply Chain Shaman

I remember the evening well. A requirement to apply as an analyst position for AMR Research was to write an opinion piece and defend the article in an interview. My PC was in the shop, and I quickly grabbed a coffee as I headed into the hotel lobby to type the opinion, which I hoped would take less than an hour. My assigned topic was demand visibility.

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ToolsGroup Supports Accelerated Growth With Addition of New Executives

ToolsGroup

ToolsGroup welcomes Jon Purdy as Chief Financial Officer and Joseph Luciano as Chief People Officer. . BOSTON — August 4, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, announces it has appointed Jon Purdy as Chief Financial Officer and Joseph Luciano as Chief People Officer. These strategic executive hires support rapid company growth, better collaboration, goal clarity, and ongoing improvement in key business metrics while keeping

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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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Buying 2021 Holiday Gifts for the 2022 Holiday Season

Enterra Insights

If supply chain snarls kept you from receiving items you wanted last Christmas, you’re in luck. Those items are now arriving in U.S. ports and you may be able to get them at a bargain price. The staff at SupplyChainBrain notes, “Some of the goods remain stuck at seaports and some are heading to liquidators.”[1] Here’s the rub: “All those excess retail inventories are starting to weigh on warehousing markets. … Companies are struggling to find space for the glu

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Building Supply Chain Resilience: The Right Balance of Human and Tech in Transportation

3GTMS

The post Building Supply Chain Resilience: The Right Balance of Human and Tech in Transportation appeared first on 3GTMS.

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The Future of Supplier Management is Here, and it’s Holistic

ivalua

The Future of Supplier Management is Here, and it’s Holistic. Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management. In fact, they go beyond simply supplier management, what they do is Supplier Engagement. Aligning suppliers to overall Procurement and broader business strategy is critical to create sustained long-term value. .

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How Much Inventory Should I Have In My Fulfillment Warehouse?

Amware Logistics and Fulfillment

Inventory management has changed substantially in the last few years. Most fulfillment professionals spent years learning about lean inventory strategies, only to find those methods ineffective when the supply chain turned volatile during the COVID-19 pandemic. Now, as pandemic difficulties ease, many eCommerce and omnichannel professionals find themselves asking the question: How much inventory should I have?

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A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

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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The Digital Age is Still All About the Data

Enterra Insights

“Today,” writes tech freelancer Apoorva Bellapu, “it is practically impossible to lead our lives without data.”[1] In the business world, she implies, it is impossible to conduct routine operations without data. She explains, “This is for the sole reason that data has become one of the most critical aspects of businesses.” How critical?

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What If You Treated Your Data Supply Chain Like the Physical Supply Chain?

Supply Chain Brain

While the task and responsibility for managing the data supply chain is primarily the responsibility of information technology professionals, the concepts and tools we use every day directly apply to the data supply chain as well as the physical supply chain. .

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The role of a Bill of Materials in optimizing your inventory management

SYSPRO Smarter ERP

Ongoing challenges in the supply chain, such as shortages caused by increased demands and the shutting down of some factories, continue to affect manufacturing businesses even to this day. However, effectively dealing with these challenges and optimizing a manufacturing business’ processes is challenging without adopting and implementing a Bill of Materials (BOM) to accompany an organization’s ERP system.

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National Pet Retailer Thrives During COVID-19 Through E-Commerce Fulfillment Flexibility

CHAINalytics

Pandemic lockdowns quickly altered consumer buying patterns and delivery expectations and, when it came to their fur-children, pet-parents were no different.One of the largest pet retailers in the U.S. reached out to Chainalytics Supply Chain Design practice to help align its distribution strategy and pivot to serve surginge-commerce demand. While many retailers struggled to … The post National Pet Retailer Thrives During COVID-19 Through E-Commerce Fulfillment Flexibility appeared firs

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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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Will Reshoring Solve Supply Chain Woes?

Enterra Insights

Current supply chain snarls, often associated with overseas factories and logjammed ports, have made manufacturing reshoring a hot topic. The staff at Manufacturing.net asserts, “As manufacturers face complex supply chain challenges due to COVID-19, trade wars, and political and social unrest, reinvesting in near-shoring or reshoring operations can help build resilience and agility amid the turmoil.”[1] On the other hand, Lora Cecere ( @lcecere ), founder and CEO of Supply Chain Insi

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Supply Chain Data Is Key to Solving Global Food Crisis

Supply Chain Brain

The world is experiencing a food crisis driven by a number of factors, including food waste, a shortage of goods and increased costs.

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4 Proven Methods for Developing an Effective IT Strategy for Your Organization

IT Supply Chain

By Paul Williamson (pictured). Guest Author. The post 4 Proven Methods for Developing an Effective IT Strategy for Your Organization appeared first on IT Supply Chain.

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July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Global Wide Production Activity. The July 2022 J.P. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Morgan and S&P Global was headlined with an observation of stagnated production output globally.

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How Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform

Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.

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Supply Chain by the Numbers for Aug. 4, 2022

Supply Chain Digest

Maersk Projects Record Profits with Sky High Rates. Brick and Mortar Comeback. US PMI Shows Mixed State of Economy.

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Podcast | Quantum Computing for the Supply Chain: Is It Here Yet?

Supply Chain Brain

Quantum computing has arrived. But is it mature enough to solve brutally complex supply chain problems?

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Is blockchain the key to battling counterfeit goods & improving supply chain traceability?

IT Supply Chain

By Dominic von Trotha Taylor (pictured). CEO & Chairman, iov42. The post Is blockchain the key to battling counterfeit goods & improving supply chain traceability? appeared first on IT Supply Chain.