Sat.Feb 26, 2022 - Fri.Mar 04, 2022

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10 Ways to Buffer Supply Chain Risk

Arkieva

In today’s highly globalized economy, no country can remain isolated or insulated from the outside world. The world is so interconnected that one hiccup can cause a myriad of issues downstream. Here are 10 key elements that will help you evaluate your existing supply chain and help in adjusting your supply chain strategies. 10 Ways to Buffer Supply Chain Risk was first posted on March 1, 2022 at 7:43 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non

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Companies Improve their Supply Chains with Artificial Intelligence

Logistics Viewpoints

Machine Learning, a Form of Artifical Intelligence, Has Feedback Loops that Improve Forecasting. Many large enterprises use one form or another of a supply chain application to help manage their supply chains. Supply chain vendors have been touting their investments in artificial intelligence (AI) for the last several years. In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry.

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Your 2022 US Ocean Cargo Outlook

CHAINalytics

Because of fourth quarter volume surges, ongoing congestion at ports around the world, and 2021’s (and first quarter 2022’s) limited container availability, demand has outpaced available capacity. Predictably, short-term capacity remains at a premium. This is the second post in a three-part series. Over these three weeks, we’re featuring Chainalytics’ (and some guests’) thoughts on … The post Your 2022 US Ocean Cargo Outlook appeared first on Chainalytics.

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The Mary Kay Supply Chain with Michael Ringsdorf

The Logistics of Logistics

The Mary Kay Supply Chain with Michael Ringsdorf. Michael Ringsdorf and Joe Lynch discuss the Mary Kay supply chain. Michael is the Vice President Transportation & Logistics at Mary Kay , one of the most enduring, successful direct sellers of personal beauty products in the world for more than 55 years. About Michael Ringsdorf. Michael Ringsdorf is the experienced Vice President of Transportation & Logistics with a demonstrated history of working for a global company in the direct sales

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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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Containerized shipping joins modern financial world with CME futures

Freightos

In the late 1970s, McDonalds set out to launch Chicken McNuggets. But they ran into a pricing challenge; consumers hate price changes (at least, price increases) and like most commodities, the cost of chicken changes. They drew a blank when looking for a chicken farmer that would commit to a fixed price. No fixed chicken price, no fixed Chicken McNugget price, which meant no McNuggets.

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Trends 2022: Food and Beverage

Enterra Insights

What we eat impacts our lives in myriad ways. According to the staff at Phrases.org, a French lawyer by the name of Anthelme Brillat-Savarin, published the first version of the phrase, “You are what you eat.”[1] In a book entitled Physiologie du Gout, ou Meditations de Gastronomie Transcendante , published in 1826, he wrote, “Dis-moi ce que tu manges, je te dirai ce que tu es.” Translated into English, it says, “Tell me what you eat and I will tell you what you are.

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Visibility 2.0: Accelerating the Customer Experience with Ron Richardson

The Logistics of Logistics

Visibility 2.0: Accelerating the Customer Experience with Ron Richardson. Ron Richardson and Joe Lynch discuss Visibility 2.0: accelerating the customer experience. Ron is the Chief Revenue Officer at Turvo Inc. , the world’s first multi-enterprise collaborative platform specifically designed for the global supply chain. About Ron Richardson . Ron Richardson is the Chief Revenue Officer at Turvo , a technology company that empowers shippers, carriers, LSPs, and brokers with a streamlined, connec

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Above the Fold: Supply Chain Logistics News (March 4, 2022)

Talking Logistics

1 million refugees have fled Ukraine in one week. A million people, packing what little they can, leaving their home behind,through gunfire and debris, their future and safety uncertain. I’m trying to wrap my mind around it, trying to make some sense of it all, but I come up empty, except for this: we learn. Read more Above the Fold: Supply Chain Logistics News (March 4, 2022).

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Supply Chain Impacts from Russia-Ukraine Conflict

Logistics Viewpoints

I believe many of us are spending an abundance of time reading about the Russia-Ukraine war. It is certainly worthy of our concerns as individuals. But the topic is also of significance to supply chain practitioners. In fact, supply chains are being impacted directly by the war and by the sanctions being put in place in response. For example, the rapid increase in the price of oil to over $100 a barrel for WTI is sure to result in additional inflation in our current inflationary environment.

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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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Weather Permitting: How to Use Weather Data in Retail Forecasting

ToolsGroup

Retail is detail. And there is a lot of ‘detail’ for retailers to manage and factor into the business every day. When it comes to external variables, nothing is more consistently and directly impactful on demand than the weather. This is because the weather influences consumer buying behavior everyday – and it never stops changing; no other external variable shifts demand trends as immediately, frequently, and meaningfully.

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Are You Ready to Handle Blockchain Risks?

Enterra Insights

“Nearly every day,” writes tech journalist Madhurjya Chowdhury, “it seems like we come across more and more applications for blockchain technology. More and more sectors are discovering that the blockchain will either push them to another level or will become their greatest threat.”[1] The World Economic Forum (WEF) staff notes, “New technologies carry potential downsides that need to be identified and managed.

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Last-Mile Delivery: The Link Between Driver Satisfaction and Customer Satisfaction

Talking Logistics

Editor’s Note: The following is an excerpt of a research report published recently, “In the Driver’s Seat: Driver Satisfaction Survey Report.” The research, conducted by Adelante SCM and commissioned by RouteSmart Technologies, is based on a survey of 28 leading parcel/package delivery companies, national postal carriers, retailers, and other companies with last-mile and home delivery.

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FMCG Manufacturing: 4 Frequent Flaws to Avoid

Enchange Supply Chain Consultancy

One of the problems faced by senior leaders seeking performance improvement is that it all seems to take far too long. While structural changes cannot be rushed, there are many initiatives you can take to make changes in your supply chain.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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Top Ten CPO Priorities for 2022

ivalua

TOP TEN CPO PRIORITIES for 2022: Webinar Recap. In late 2021, The Hackett Group asked Procurement Leaders about their strategic priorities and initiatives for the coming year. After a rollercoaster 2021, how do we pivot and plan for a successful Procurement strategy in 2022? . Vishal Patel, VP of Product Marketing, Ivalua and Chris Sawchuk, Principal and Global Procurement Advisory Practice Leader, The Hackett Group discussed disruptive trends and growth projections across a variety of Procurem

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The Future Remains in the Clouds

Enterra Insights

Cloud computing is no longer a novel concept. According to tech journalist Antonio Regalado ( @antonioregalado ), “The term [‘cloud computing’ dates back] to late 1996, and to an office park outside Houston. At the time, Netscape’s Web browser was the technology to be excited about and the Yankees were playing Atlanta in the World Series.

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The Business Case for Digital Freight Apps

Talking Logistics

As we’ve learned over the past two years especially, the business strategies of logistics service providers (LSPs) must be tightly linked with their technology strategies. How does technology, such as digital freight apps, help LSPs achieve their business objectives? What capabilities are most important? How do their employees, carrier partners, and shipper clients benefit from.

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Logility Introduces Capabilities for Deeper Visibility into Manufacturing, Supply Chain Planning?

Logility

Logility 21.03 includes new supply network maps and PLM dashboards designed to help businesses optimize processes and accelerate time-to-market. ATLANTA – March 1, 2022 – Logility, Inc., a leader in supply chain innovation powering the sustainable and resilient enterprise, today announced upgrades to its software designed to elevate planning capabilities across the product lifecycle, from concept to delivery.

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Strategic Cost Management Approaches to Unlock Growth and Increase Profitability

How can businesses gain a competitive edge in an era marked by relentless competition and economic fluctuations? The secret is mastering strategic cost management strategies. This GEP bulletin, "Strategic Cost Management Approaches to Unlock Growth and Increase Profitability," breaks this down into clear, actionable steps. Discover how these strategies can boost your enterprise's financial health, helping not only to keep up but to excel in today's market.

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Top 6 Critical Success Factors of S&OP in Africa

Enchange Supply Chain Consultancy

I have been talking to a number of FMCG Regional and Market Leaders in the past few months about the supply chain challenges that they face in African and Middle Eastern Markets. Most understand the benefits of a Sales and Operational Planning (S&OP) process. Many have already implemented S&OP with varying degrees of success.

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Crime is Adding to Supply Chain Woes

Enterra Insights

References to the wild west are being made more frequently as criminal activity increases supply chain woes. Back in the fall of 2021, Walgreens announced it was closing five San Francisco stores, citing ongoing organized retail crime as the reason. At the time, Walgreens spokesperson Phil Caruso stated, “Organized retail crime continues to be a challenge facing retailers across San Francisco, and we are not immune to that.”[1] About a month later, “Best Buy Co.’s shares tumbled afte

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5 Powerful Prescriptive Analytics Examples in Supply Chain

AIMMS

The post 5 Powerful Prescriptive Analytics Examples in Supply Chain appeared first on AIMMS.

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Global Supply Chain Impacts of the Russian Invasion of Ukraine

Supply Chain Brief Submitted Articles

In addition to the monumental humanitarian effects, the supply chain impacts of Russia's invasion of Ukraine are already taking place.

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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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FMCG Supply Planning: 4 Frequent Flaws to Avoid

Enchange Supply Chain Consultancy

The Enchange Supply Chain House is available for those wishing to embark on a structured, journey towards Supply Chain excellence.

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Record Lead Times Show More U.S. Inflation in Supply Chain Mess

Supply Chain Brain

The supply squeeze on the U.S. economy tightened further in February, indicating no relief for domestic producers and pointing to persistent inflationary pressures.

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Global Brewer Taps Chainalytics to Optimise Transport Logistics Procurement

CHAINalytics

Because of stellar international growth, one of the world’s largest brewers was working with a complex and costly procurement process that begged for serious efficiency improvements. The beer giant partnered with Chainalytics to harmonise its worldwide logistics sourcing efforts. To align its logistics efforts around the world, the brewer explored developing a global logistics procurement … The post Global Brewer Taps Chainalytics to Optimise Transport Logistics Procurement appeared first

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How the procurement role should evolve in the new supply chain

SYSPRO Smarter ERP

To deal with the new challenges in managing and planning the supply chain , the procurement department is one of the functions that should look at changing. It is no longer sufficient for procurement to focus just on supplier costs, placing orders and ensuring goods are received. Procurement in a post-pandemic world will need to take on a greater range of responsibilities with the assistance of technology.

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More Than 40 New Manufacturers Join Configura’s Platform in 2023

More than 40 manufacturers across the commercial interior, material handling, and kitchen and bath industries expand offers via Configura’s CET platform in 2023.

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4 Tips For Automating Your Machine Learning Workflow

IT Supply Chain

By Amanda Nelson (pictured). Professional Content Writer. The post 4 Tips For Automating Your Machine Learning Workflow appeared first on IT Supply Chain.

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Does Just-in-Time Inventory Really Enhance Cash Flow?

Supply Chain Brain

For many businesses, the past year exposed the fragility of their cash flow and working capital. The pandemic, coupled with supply chain disruptions and erratic consumer demand, wreaked havoc on companies facing both internal and external pressures.

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‘Safety stock’ held by UK Manufacturers up by a third to counter supply chain disruptions

Unleashed

The amount of stock held by UK SME manufacturers has shot up since the start of the pandemic, according to new research. In what could be a shift from ‘just-in-time’ to ‘just-in-case’ stock models, analysis of 521 SME manufacturers found that the overall value of stock rose by 34 per cent between 2020 and 2022, while overall domestic demand* dropped 6.8 per cent and average product value** remained consistent.