Sat.May 18, 2024 - Fri.May 24, 2024

article thumbnail

Innovative Synergies: Logistics Tech Lessons from Other Industries

Freightos

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. More Resources Home Innovative Synergies: Logistics Tech Lessons from Other Industries Judah Levine May 23, 2024 Though the logistics and supply chain industry has made and continues to make a lot of progress in its digital transformation, it has a reputation for being part of the late majority or even a laggard in terms of digitalization.

article thumbnail

7 Proven Dock Scheduling Strategies for Seamless Logistics

C3 Solutions

Efficient dock scheduling has become essential to supply chain management and logistics. It has gained popularity because it provides excellent convenience to all stakeholders, including dock operators, warehouse managers, and carriers.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Does Purchase Order Financing Work?

Precoro

Once in a while, a company receives a customer order that’s too large to fulfill with available inventory. Replenishing inventory immediately would require a substantial cash injection, which isn’t always an option. That’s when small business owners seek assistance with purchase order financing. Other companies that might be interested in PO financing include startups or seasonal businesses.

article thumbnail

Saturday Night Live Skit About Fast Fashion: Would You Stop Buying It?

Talking Logistics

As reported last week by BBC Business reporter Charlotte Edwards,“Workers for some suppliers of Chinese fast fashion giant Shein are still working 75 hours a week, despite the company promising to improve conditions, a report [by Swiss advocacy group Public Eye] suggests.” Here’s an excerpt from the BBC article: According to the group, who interviewed.

Charlotte 244
article thumbnail

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.

article thumbnail

Supply Chain Optimization: Leveraging Integrated Scenario Planning as a Margin Multiplier

Logistics Viewpoints

Situation Companies are increasingly confronted with complex planning scenarios due to predictable events such as mergers and acquisitions, category expansions, supplier changes, and distribution evolution, as well as disruptive events including demand volatility, material shortages, capacity constraints, and logistical surprises. These challenges necessitate extensive configuration within Advanced Planning Systems (APS) test environments to assess their impacts.

Modeling 216

More Trending

article thumbnail

Four Cybersecurity Moves Every Manufacturer Can Make

Supply Chain Brain

Supply chain attacks have become increasingly sophisticated, and manufacturing stakeholders should prepare for the cyber threats that are most likely to impact their operations.

article thumbnail

Why Retail Promotions Fail: Confusing a Promo Problem with a Markdown Problem 

ToolsGroup

Imagine walking into your favorite store, eagerly anticipating a ‘big sale,’ only to find that it has turned into a ‘final markdown’ clearance. As a customer, you might score some great deals, but as a retailer, this signals a missed opportunity and a hit to the bottom line. This is the tale of many retailers who confuse a promo problem with a markdown problem, and it’s costing them more than just profits.

article thumbnail

Generative AI: Force Multiplier for Autonomous Supply Chain Management

The Network Effect

The post Generative AI: Force Multiplier for Autonomous Supply Chain Management appeared first on The Network Effect.

article thumbnail

Sorting out the awkward question of capacity

IT Supply Chain

By Darcy de Thierry (pictured) Managing Director, Ferag UK The post Sorting out the awkward question of capacity appeared first on IT Supply Chain.

article thumbnail

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.

article thumbnail

Gartner Top 25: The Beauty Contest of Underperformers

Supply Chain Shaman

My LinkedIn news feed is full of congratulatory notes for companies listed on the Gartner Top 25 released yesterday. Tech companies celebrate their companies on the list, consultants give themselves pats on the back, and the companies making the list congratulate their employees. My issue is that the Gartner methodology celebrates underperformers. The lack of clarity and discipline in the methodology gives the industry a false signal to define supply chain excellence.

Gartner 368
article thumbnail

Lucas Systems is more than a Voice Vendor; They are a Warehouse Optimization Solution

Logistics Viewpoints

Lucas Systems Offers Warehouse Optimization Warehouse management systems, once known as supply chain execution systems, have evolved significantly. They have transitioned from mere work executors to planning solutions with optimization capabilities. This transformation was brought about by the incorporation of algorithms that enhanced worker productivity.

article thumbnail

Above the Fold: Supply Chain Logistics News (May 24, 2024)

Talking Logistics

It’s the Friday leading into Memorial Day weekend. I suspect many of you have taken today off from work, as I have (I’m on my way to Ithaca, New York for my son’s graduation from Cornell), so I’ll make it quick and simple this morning. Here’s the supply chain and logistics news that caught my. Read more The post Above the Fold: Supply Chain Logistics News (May 24, 2024) appeared first on Talking Logistics with Adrian Gonzalez.

New York 212
article thumbnail

ToolsGroup Exhibiting and Franke Speaking at Gartner® Supply Chain Symposium/XPO™, June 10-12, in Barcelona 

ToolsGroup

Discover Franke’s Success Story in Implementing Cutting-Edge Digital Supply Chain Technology for a Robust S&OP Process BARCELONA and BOSTON – May 21, 2024 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is thrilled to announce its participation at the upcoming Gartner Supply Chain Symposium/Xpo 2024 in Barcelona, Spain, June 10-12.

Gartner 156
article thumbnail

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

article thumbnail

Equipping Corporate Sustainability Teams with Supply Chain Planning Tools

AIMMS

Global supply chain leaders are increasingly recognizing the importance of establishing in-house sustainability expertise.

article thumbnail

This Week in Logistics News (May 18 – 24)

Logistics Viewpoints

Last week I attended the Blue Yonder ICON conference. My write-up gets into all of the great things I saw while at the show. But there is an underlying benefit to work travel sometimes – watching movies on my flight that I might not otherwise have time for. On my flight to Dallas, I finally got a chance to watch a movie I had been excited to see since it was announced – The Iron Claw.

article thumbnail

Embracing Probabilistic Planning in Supply Chain Planning

John Galt

In supply chain planning, an end-to-end probabilistic approach provides a wide range of probabilities to decode uncertainty. Read more.

article thumbnail

ToolsGroup and Franke Presenting at Gartner Supply Chain Symposium, June 10-12, in Barcelona

ToolsGroup

Discover Franke’s Success Story in Implementing Cutting-Edge Digital Supply Chain Technology for a Robust S&OP Process BARCELONA and BOSTON – May 21, 2024 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is thrilled to announce its participation at the upcoming Gartner Supply Chain Symposium/Xpo 2024 in Barcelona, Spain, June 10-12.

Gartner 156
article thumbnail

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

article thumbnail

Nearshoring on the Rise: Navigating the Shift in EU Sourcing Trends

Supply Chain Brain

A shift to shorter supply chains not only helps manage the unpredictability of costs, but also strengthens supply chain resilience by reducing dependency on distant suppliers.

Sourcing 122
article thumbnail

Happening Now: Shift of Cargo to West Coast Gains Momentum

West Coast and California Logistics

According to Supply Chain Dive , Port of Los Angeles Executive Director Gene Seroka recently estimated that 2%-5% of shippers’ cargo has moved back from the East Coast to the West Coast. More cargo is expected to follow, especially if East and Gulf Coast port labor negotiations break down over the summer.

article thumbnail

What the Economic Outlook Means for Demand Planning

Arkieva

Forecast as accurately as possible, even in uncertain economic conditions. Review demand planning strategies that can help you navigate hazy market conditions. What the Economic Outlook Means for Demand Planning was first posted on May 21, 2024 at 8:28 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

article thumbnail

Embracing Change: The Internal Shift to Decision-Centric Planning 

ToolsGroup

In today’s fast-paced business environment, the need for flexibility and rapid response has never been more critical. Companies that cling to outdated, rigid planning methods risk falling behind. In the first two blogs of this series, we explored the foundational concepts of decision-centric planning and how it can revolutionize supply chain management, addressing real-world challenges with agility and responsiveness.

article thumbnail

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.

article thumbnail

The Essential List of Logistics Acronyms and Abbreviations for Retailers

Locus

If there is one industry that continues to scale robustly, it is Retail. A recent survey forecasts that retail sales will soar to $32.76 trillion by 2026, surpassing the current GDP of all European Union member states combined. As retailers prepare to navigate this vast sea of potential sales, understanding the intricate world of logistics becomes imperative to streamline operations and enhance efficiency.

article thumbnail

Supply Chain Sustainability: It Comes Down to the Data

Supply Chain Brain

When it comes to environmental impact, the supply chain has a visibility problem — and not just between external partners.

article thumbnail

Resilinc’s Disruption Vulnerability Index (DVI) Predicts Supplier Risk Exposure

Resilinc

Learn how Resilinc’s Disruption Vulnerability Index (DVI) rewards resilient suppliers and penalizes risky suppliers. Do you know who your most risky suppliers are? They’re not your Tier-1 suppliers. 85% of supply chain disruptions occur in the indirect supply chain. When a disruption strikes in these hidden tiers, it takes a long time for the news to go up the chain.

article thumbnail

Mastering Demand-Driven Material Planning

ModusLink Corporation

Demand planning and data analysis concept. In the dynamic landscape of supply chain management, demand-driven material planning is a crucial strategy for optimizing operations and meeting customer demands efficiently. Let’s delve into the essentials of this approach and explore how businesses can successfully implement it with the expertise of ModusLink.

article thumbnail

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.

article thumbnail

Robot onboarding

Supply Chain Movement

What is holding companies back from deploying more robots in the warehouse? The ongoing labour shortage in the Netherlands and surrounding countries is forcing companies to look at solutions for staffing warehouses and distribution centres. Attracting warehouse workers from Eastern Europe is one solution, but is increasingly encountering problems as decent and affordable housing becomes scarcer due to the current acute housing shortage.

Boston 78
article thumbnail

Report: As E-Commerce Surges, Merchants Need to Fortify Supply Chains

Supply Chain Brain

Over the last year, 73% or merchants saw impacts to their businesses from international shipping problems such as delays, damaged products or theft.

Report 114
article thumbnail

How Brave Books Manages Its Fulfillment with Stord E-Commerce Software

Stord

Exposition: Managing Your Orders By Hand When brands scale, oftentimes the supporting infrastructure is an afterthought - growth and delivering for the customer is rightfully front of mind. But as brands quickly scale, they add new tools on top of legacy systems, taking protocols that were effective when shipping 50 orders per month and bolting on other systems hoping they can all work seamlessly together when they hit hundreds of orders per day.