Sat.Nov 04, 2023 - Fri.Nov 10, 2023

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Redesigning the Supply Chain for the 21st Century

Demand Driven Technologies

The fact is, we have, and will continue to have, more and more destabilizing events for our supply chains.Your company may have a supply chain that was conceived in a different context to that of today. In the heyday of globalization, sourcing components from the other side of the world was the norm, and the.

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Agile Methodology in Procurement: A Paradigm Shift in Supply Chain Management

ProcurePort

Agile Procurement involves a new way of thinking. It promotes flexible sourcing and working closely with suppliers. It also involves adapting plans and constantly improving through feedback. Successful examples show that being flexible in procurement brings better responsiveness, smoother processes, and strong supplier relationships. This helps organizations succeed in today’s ever-changing business world.

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Just How Resilient Is Your Supply Chain?

BlueYonder

It’s time we face it: As supply chain professionals, we’re working in an environment of perpetual chaos. Inflation continues unabated. Labor shortages are only getting worse. Both consumer confidence and business confidence graphs look like rollercoasters. After 20 months, the Russia-Ukraine conflict shows no signs of a peaceful resolution. And a record-setting 23 separate weather- and climate-related disasters in the U.S. have each caused at least $1 billion in damages in 2023.

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Back to School: Classes Supply Chain Leaders Should Take

Talking Logistics

“When you stop learning, you stop leading,” says leadership expert Kenneth Blanchard. This is particularly true for supply chain professionals considering the rapid and ongoing changes in the field. If you were to go back to school (or have already) to improve your skills/knowledge in areas you view as important for continuing your growth as.

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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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When Old Technology is Cutting Edge: The One-Year Anniversary of ChatGPT and the Benefits of AI in the Supply Chain Industry

Enterra Insights

ChatGPT Turns One This month, ChatGPT (Chat Generative Pre-Trained Transformer) turns one on November 30 th , 2023. It’s a noteworthy date for the AI chatbot. Developed by Open AI as a large language model-based chatbot, the LLM allows end users to generate texts, code, and images. Microsoft invested over $10 billion in the company in 2023 and Bain has forged a partnership with OpenAI.

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Putting the “AI” in Availability: 5 Ways To Bridge the Supply-Demand Gap in Wholesale Distribution and Manufacturing

BlueYonder

The wholesale distribution and manufacturing (WD&M) landscape is entering a new era. B2B customers increasingly expect a commerce-like experience. Self-service and flexible, omni-channel fulfillment are the new gold standards. Erosion of regional restrictions means whoever has the product on hand gets the deal, and e-commerce distributors and marketplaces are muscling in.

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Three things to know about forced labour & its implications within the global supply chain

IT Supply Chain

By Thomas Lobert (pictured) Solutions Consultant Global Trade Intelligence, Descartes The post Three things to know about forced labour & its implications within the global supply chain appeared first on IT Supply Chain.

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Global Supply-Chain Pressure Hits Record Low, NY Fed Gauge Shows

Supply Chain Brain

Global logistics difficulties are at the lowest in 26 years as transportation costs keep declining, according to the Federal Reserve Bank of New York's Global Supply Chain Pressure Index.

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Navigating New Regulations: Supply Chain and Global Trade Compliance Challenges in 2023

QAD

Countries across the globe have held human rights and environmental protection legislation for decades. However, the standards of compliance are evolving to ensure greater accountability for corporations and their supply chains. In fact, corporate accountability plays a major role in meeting human rights and environmental protection standards. While new mandatory regulations have taken effect in 2023, companies need to significantly ramp up their due diligence efforts and ensure compliance with

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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Definitions Matter

Supply Chain Shaman

In my writing, I try to get clear on definitions. The supply chain space is heavily laden with acronyms, gobbledygook, false narratives, and over-hyped, fast-talking technology sales teams. Let’s take an example. This is a post from LinkedIn today. “At the Digital Supply Chain event at SAP. First great insight from John McNiff: digital mature companies have lower DIO, IBP supports them!

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Above the Fold: Supply Chain Logistics News (November 10, 2023)

Talking Logistics

With Veteran’s Day being observed today, we will keep it short and simple. Here’s the supply chain and logistics news that caught my attention this week: Thank you to all our veterans for your service and sacrifices! Have a happy weekend! Song of the Week: “Nothing Matters” by The Last Dinner Party The post Above the Fold: Supply Chain Logistics News (November 10, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

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The Importance of Sustainability Benchmarking

Logistics Viewpoints

The notion of going green is a hot topic as companies and countries look at their overall environmental impact and search for ways to be more sustainable. Companies can begin to offset their carbon footprint by taking a deeper look at their supply chain, including product packaging, energy efficiency, alternative fuels, route optimization, and returns and recycling programs.

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Helping Logistics Founders with Nate Shutes

The Logistics of Logistics

Nate Shutes and Joe Lynch discuss helping logistics founders, which is exactly what Nate does with his podcast, The Bootstrapper’s Guide to Logistics. About Nate Shutes Nate Shutes is the host of The Bootstrapper’s Guide to Logistics podcast and is currently building a private community for logistics entrepreneurs. He is also the VP of Global Fulfillment & Logistics for Blu Dot, a modern furniture designer and retailer based in Minneapolis, MN.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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Heura Uses ToolsGroup for Digital Supply Chain Transformation to Support Global Expansion

ToolsGroup

With ToolsGroup’s AI-powered demand forecasting, the plant-based food innovator revolutionizes its supply chain, maximizing accuracy, speed, and business performance. BOSTON – November 9, 2023 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is proud to announce it has been selected by Heura , a leader in next generation plant-based meat production, to help the company achieve the planning speed and accuracy necessary to transform its supply operation

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How To Prevent Your TMS From Becoming a Shock Absorber

Talking Logistics

We’ve got horrible roads where I live, lots of bumps and potholes everywhere. Not surprisingly, I’ve had to replace the shock absorbers on my car more than once. What does a shock absorber do? They dampen all those bumps in the road so your car can travel as smoothly as possible. If you’re a transportation. Read more The post How To Prevent Your TMS From Becoming a Shock Absorber appeared first on Talking Logistics with Adrian Gonzalez.

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Schneider Electric’s Works with EcoVadis to Drive Supplier Emissions Engagment

Logistics Viewpoints

Suppliers are facing increasing pressure from the buyers of their goods and services to report their environmental, social, and governance data. As corporations announce plans to be Net Zero across their end-to-end supply chain at some point in the future – often 2050 – they then need their suppliers to participate in helping them meet their goals. Corporations are kicking off these initiatives both because their customers expect it and because of increasing regulatory pressure.

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Intelligent Automation and Business Continuity

Enterra Insights

When the pandemic emptied offices and factories, business continuity planning (BCP) became a big issue for many companies. During the height of the pandemic, Damian Ehrlicher , Managing Partner at DGF Advisors, wrote, “Traditional business continuity was designed to build a secondary disaster recovery site that mirrored your production site in case of an infrastructure failure, but with an organization in constant development mode, this traditional methodology had to be augmented to adjust

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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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Heura Tackles Change Management: A Start-Up’s 6 Tips for Successful Technology Implementation and Adoption

ToolsGroup

Heura® Foods was created in 2017 as a social mission-turned-business, focused on changing the current food system to one that fosters better health, nutrition, and sustainability. The company began experiencing impressive market growth and quickly recognized the need for a supply chain digital transformation, powered by ToolsGroup Service Optimizer 99+.

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Smart Factory and Supply Chain Technology Can Improve Healthcare for Patients and Providers

Supply Chain Brain

Investing in and implementing smart sourcing and manufacturing solutions is not a quick and complete fix for today’s drug and device shortages, but it can help.

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RS Group Achieves Back-to-Back Ecovadis Platinum Medal for Sustainability Excellence

Synovos

RS Group achieves back-to-back Ecovadis platinum medal for sustainability excellence RS Group receives platinum medal for notable leadership in the fields of environment, ethics, sustainable procurement, and labour and human rights LONDON, UK , 9 November 2023 – RS Group plc (LSE: RS1), a global provider of product and service solutions for industrial customers, today announced it has been awarded a platinum medal for the second year in a row by EcoVadis , the independent provider of global sust

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Okta third-party breach & the potential repercussions

IT Supply Chain

By Lorri Janssen-Anessi (pictured) Director External Cyber Assessments, BlueVoyant The post Okta third-party breach & the potential repercussions appeared first on IT Supply Chain.

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Deliver Mission Critical Insights in Real Time with Data & Analytics

In the fast-moving manufacturing sector, delivering mission-critical data insights to empower your end users or customers can be a challenge. Traditional BI tools can be cumbersome and difficult to integrate - but it doesn't have to be this way. Logi Symphony offers a powerful and user-friendly solution, allowing you to seamlessly embed self-service analytics, generative AI, data visualization, and pixel-perfect reporting directly into your applications.

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ToolsGroup Announces Latest Enhancements to JustEnough® Retail Planning and Execution Suite

ToolsGroup

With version 2023.3, retailers increase efficiency with even more powerful processing and time-saving automation. BOSTON — November 7, 2023 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, has announced the latest version of its JustEnough Retail Planning and Execution suite, making major advancements in its Assortment Planning and Allocation capabilities.

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Introducing 1Exiger Supply Chain Platform and UX

Supply Chain Brain

1Exiger offers customers a simplified view of how they do business with preferred vendors and suppliers to protect against disruption and the risk of reputational harm.

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Top Three Takeaways From the Snowflake Data Cloud World Tour

BlueYonder

Recently, I had the privilege of attending the Snowflake Data Cloud World Tour in sunny Santa Clara, California, which left me feeling inspired and invigorated. The Snowflake Data Cloud World Tour serves as a platform for discovering how to use and collaborate with data in unimaginable ways. Through its diverse range of sessions, demonstrations, and networking opportunities, the conference empowers attendees with the knowledge and tools needed to unlock the full potential of their data, enabling

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M&S – Excellent first half, but tone of caution may disappoint

IT Supply Chain

By Charlie Huggins (pictured) Manager of the Quality Shares Portfolio at Wealth Club The post M&S – Excellent first half, but tone of caution may disappoint appeared first on IT Supply Chain.

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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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10 Inventory Control Techniques That Are Evergreen

SCMDOJO

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. With effective inventory control templates, you can maintain an accurate record of your products, including their quantities, dimensions, location, and weight. The primary goal of inventory control is to reduce the costs associated with holding stock.

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DSCSA Requirements and Implementation Readiness: Why It Is Crucial to Be Prepared

Tecsys

In November 2013, a landmark decision was taken by Congress to strengthen the U.S. pharmaceutical supply chain. The Drug Supply Chain Security Act (DSCSA) became law, establishing regulations designed to address the issues of counterfeit, contaminated, stolen, or otherwise harmful drugs endangering public health. It was created to keep these illicit and counterfeit drugs out of the U.S. drug supply chain, protecting end users.

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AI Blind Spots? Here’s What Retailers May Miss About Artificial Intelligence

BlueYonder

When does confidence become overconfidence? That’s a question retailers should consider when they think about artificial intelligence (AI). A new survey by Blue Yonder found that almost all retail executives feel confident in their command of AI. Executives overwhelmingly say they know a lot about AI, are using the technology and have made further AI adoption a priority going forward.

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