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By Sean McGillicuddy (pictured) Chief Revenue Officer, Tai Software The post Freight Brokers Need More Than Just Automation; They Need Optionality appeared first on IT Supply Chain.
Exploring the world of AI tools for supply chain and logistics can be quite overwhelming. There are so many options out there that it is hard to know where to start and what to choose. We get it! That’s why we put together this guide – to help you get a glimpse of the best AI tools for supply chain and logistics, how to implement these tools, what to take care of and more.
Prepare your business for the stormy seas of the 2024 hurricane season. Discover why experts predict robust storms and how to safeguard your supply chain. Outlook for hurricane season 2024 This year, hurricane season starts June 1, 2024, and ends November 30, 2024, and will primarily affect the Atlantic Ocean, the Gulf of Mexico, and the Caribbean Sea.
Let me start with why I selected a baby with ears for this post. I find that most companies’ understanding of supply chain planning is immature, and that next week, at the Gartner Supply Chain Summit in Orlando, that many will don their Mickey ears to discuss what I consider outdated supply chain planning models. The investment in these outdated concepts is an opportunity cost to improve outcomes.
Let me start with why I selected a baby with ears for this post. I find that most companies’ understanding of supply chain planning is immature, and that next week, at the Gartner Supply Chain Summit in Orlando, that many will don their Mickey ears to discuss what I consider outdated supply chain planning models. The investment in these outdated concepts is an opportunity cost to improve outcomes.
Michael Jacobs, Senior Vice President of Supply Chain at Ferguson PLC In 2022, I wrote an article called The Best Supply Chain Company You Have Never Heard Of. The article was about Ferguson PLC, a value-added distributor of plumbing and heating products. Ferguson has an extensive and complex supply chain. When I had an opportunity to catch up with Michael Jacobs, the senior vice president of supply chain at Ferguson, I leapt at the chance.
Managing a large yard in a warehouse is a huge responsibility, often undermined by the bias for action. A yard manager must know how his role impacts the overall chain.
Supplier onboarding is a critical process for organizations, ensuring that new suppliers are seamlessly integrated as partners for the enterprise. With the increasing complexity of supply chains and the supplier landscape, and the need for efficiency and risk management, optimizing the supplier onboarding process has become more important than ever.
Who can forget watching the shocking footage of the Francis Scott Key Bridge collapse in Baltimore? When a 948-foot-long cargo ship called Dali crashed into the bridge in the early morning hours of March 26, the costs were high. Most significantly, the accident claimed the lives of six construction workers who were fixing potholes on the bridge. The total collapse of the bridge, which happened in less than 30 seconds, also resulted in the multi-year closure of a major traffic route used by more
“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.
Following 45 days of negotiations, the European Council approved a watered-down version of the Corporate Sustainability Due Diligence Directive. The EU CSDDD has had a difficult journey, facing delays, changes, and hurdles to overcome. Nonetheless, the direction of travel of European governments is clear: companies need to do more to identify their exposure to unethical practices, human rights abuses, and significant adverse environmental issues , across their value chain.
Over the past four years, due in large part to the Covid pandemic, there has been significant discussion about the importance of risk management in logistics and how companies must create more resilient supply chains. Logistics operations are key enablers in this process. We were reminded of this again recently when a cargo ship crashed. Read more The post The Important Role of Logistics in Enabling Risk Mitigation and Resilience Strategies appeared first on Talking Logistics with Adrian Gonzale
Samuel Parker and Joe Lynch discuss DAT iQ: the metrics that matter. Samuel is Director of Product Marketing at DAT Freight & Analytics ‘ Shipper segment. DAT operates the largest truckload freight marketplace in North America. Shippers, brokers, carriers, news organizations and industry analysts rely on DAT for trends and data insights based on a database of $150 billion in annual market transactions.
Customer reviews consistently rank ToolsGroup highly in G2’s Supply Chain Planning and Demand Planning Categories. Boston, MA – May 2, 2024 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is thrilled to announce that it has been recognized as a Leader in seven separate G2 Spring 2024 reports. This achievement underscores ToolsGroup’s commitment to excellence and innovation in the supply chain industry.
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
I was hoping that my news roundup would lead off with a comment about Boston sports going two for two in the playoffs. After Wednesday night’s blowout of the Miami Heat, the Celtics won their opening round series and had me in a good spot. So it all rested on the shoulders of the Bruins, coming off a lackluster performance on Tuesday night where they could have wrapped up the series at home.
I will be radioactive next week. Literally. Next week I will undergo radioactive iodine treatment to kill off whatever thyroid cells (cancerous or not) remain in my body. For the past two weeks I’ve been on a low-iodine diet in preparation for it: no dairy, no commercial breads, no fish, no anything with iodized salt. Read more The post Above the Fold: Supply Chain Logistics News (May 3, 2024) appeared first on Talking Logistics with Adrian Gonzalez.
Steve Elwell and Joe Lynch discuss freight recession: opportunity or threat. Steve is the Founder and Managing Director of iDev Partners a boutique leadership, business strategy and turnaround consulting firm. About Steve Elwell Steve is the Founder and since 2010 Managing Director of iDev Partners a boutique leadership, business strategy and turnaround consulting firm located in Farmington Hills, MI.
Being called “middling” has traditionally been more of an insult than a matter of fact. It means something is not terrible but it also isn’t great — it’s mediocre. That’s sort of how so-called “middle powers” have been treated historically. Wikipedia explains, “In international relations, a middle power is a sovereign state that is not a great power nor a superpower, but still has large or moderate influence and international recognition.
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.
While some retail supply chain leaders may initially feel hesitant about investing in achieving RAIN-tagging compliance, doing so can deliver significant upside potential.
Over the past four years, due in large part to the Covid pandemic, there has been a lot of discussion about the importance of risk management and how companies need to create more resilient supply chains, with logistics being a key enabler. We were reminded of this again just a few days ago, when a. Read more The post [Video] The Important Role of Logistics in Enabling Risk Mitigation and Resilience Strategies appeared first on Talking Logistics with Adrian Gonzalez.
On December 21, 2023, the U.S. Department of Defense (DoD) released Digital Engineering Instruction 5000.97 (DoDI 5000.97) 1. The DoD mandate requires new defense acquisition programs to implement digital technologies and practices for the development and sustainment of defense systems beginning in 2024. It primarily focuses on six acquisition categories: Major Capability, Middle Tier, Software, Defense Business Systems, Urgent Capability, and Service.
Recently, Thibaud Molin , a partner at the KYU, told reporters at a press conference, “The world has entered a zone of uncertainty.”[1] His observation applies equally to geopolitical and business environments. In the geopolitical sector, some of the uncertainty comes from the fact that 2024 is an election year. Journalist Kelvin Chan reports, “AI-powered misinformation and disinformation is emerging as a risk just as a billions of people in a slew of countries, including large
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.
The attacks on Red Sea shipping have forced carriers to reroute their vessels around Africa’s Cape of Good Hope, resulting in increased cost. But that hasn’t fazed New Balance.
May is National Photography Month and is dedicated to learning about the art and mastering the various techniques. Today, we all have cameras in our hands via our smartphones so everyone is considered an amateur photographer. But those who are professionals are dedicated to the art and seek out that once-in-a-lifetime, perfect shot. Blue Yonder associate Kevin O’Donnell recently went in search of this photo during the recent solar eclipse in North America.
Have you ever wondered how the world’s top businesses maintain perfect harmony between their sales and stock levels? How these organizations seem to flawlessly keep goods flowing while ensuring they never miss a beat in customer satisfaction? Wonder no more. The answer lies in modern inventory management best practices. Specifically, the use of perpetual inventory systems.
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.
Today is National Supply Chain Day when we celebrate all things supply chain! The day was first declared in 2020 during the start of the COVID-19 pandemic when supply chains were thrust onto the world scene. Those two words became what everyone was talking about for the next couple of years – and continues to be even today. The tagline for the day is “Every link in the supply chain matters,” which emphasizes how import each piece of the supply chain is from the raw materials to the transportatio
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