Sat.Mar 11, 2023 - Fri.Mar 17, 2023

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Inventory Management vs. Inventory Optimization: What’s Wrong with ABC Inventory Classification?

ToolsGroup

ABC inventory classification has been around so long that most planners just assume it’s the only way to segment your inventory. In fact, it’s not. And it’s not even nearly the best way. It’s actually a throwback from technology developed during the 1960s that hasn’t responded to the orders of magnitude increase in computer power that has enabled far better ways of solving the problem.

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3 Ways to Impress Your Customers with Automated Order Promising

Logility

No customer experience is more disappointing than not receiving an order as promised. Whether it is a damaged product, a shipping delay, or a complex chain of handoffs and rerouting, any mishap can damage market share, revenue growth, and customer relationships beyond repair. Most B2B and B2C brands believe faster order processing, more frequent inventory planning, and “good enough” promise dates can help avoid this situation.

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The Complexity of Last-Mile Delivery

Logistics Viewpoints

Retail supply chains are complicated, with factories, container ships, and communication networks spanning thousands of miles across the globe to connect raw materials with end consumers. Supply chains have become complex webs of global activity due to the emphasis logistics managers have placed on the first mile, crossing oceans in search of affordable labor and favorable taxes, tariffs and regulations.

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Top of Mind Challenges and Opportunities for Supply Chain and Logistics Executives

Talking Logistics

I met Maria Villablanca, Co-Founder & CEO Future Insights Network, in person for the first time last September at the Transporeon Summit conference in London. We were the bookends of the conference: I gave the opening keynote and Maria wrapped up the conference by sharing her takeaways from the event and moderating an insightful panel. Read more The post Top of Mind Challenges and Opportunities for Supply Chain and Logistics Executives appeared first on Talking Logistics with Adrian Gonzalez

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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.

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Mitigating Geopolitical Risks in the Supply Chain, Part One

Enterra Insights

Eurasia Group’s Chairman, Cliff Kupchan , and company President, Ian Bremmer , recently released their list of top risks to watch out for this year. From their opening remarks, one might conclude things are going swimmingly. They write, “We’re (mostly) through the pandemic. Russia has no way to win in Ukraine. The European Union is stronger than ever.

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3 Reasons to Outsource Fulfillment with Nathan Lugo-Montanez

The Logistics of Logistics

Nathan Lugo-Montanez and Joe Lynch discuss 3 reasons to outsource fulfillment. the empty container marketplace. Nathan is the EVP of Strategy and Transformation at STACI-US , a leading provider of supply chain end-to-end solutions. About Nathan Lugo-Montanez Nathan Lugo-Montanez is a turnaround executive with over 15 years of experience in supply chain and business operations.

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3PLs: Best-of-Breed or One-Stop-Shop?

Talking Logistics

After a decade of acquisitions, XPO Logistics announced in March 2022 that it planned to “separate its brokered transportation services from its less-than-truckload (LTL) business in North America [and] divest its European business and North American intermodal operation.” According to XPO’s CEO Brad Jacobs, “Our experience is that customers want high levels of service and.

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The Dark Side of the Cobalt Supply Chain

SCM Research

Cobalt Wars is one of the most interesting ARTE.tv documentaries I have seen recently. It looks at the supply chain of cobalt, a key ingredient in the batteries of our smartphones and electric cars, and the political, environmental and social challenges associated with that supply chain. (French with English subtitles, also available in German. Not available in all regions.

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For Big Pharma, The Clinical Trials Supply Chain is Critical

Logistics Viewpoints

Pharmaceutical companies run two types of supply chains. There is the commercial supply chain where drugs that have been approved for use on patients are shipped to distributors, drug stores, and hospitals around the world. Then there is a clinical trials supply chain. Drug companies hold clinical trials to prove the safety and efficacy of their drugs.

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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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Highlights from Manifest 2023 with Courtney Muller

The Logistics of Logistics

Courtney Muller and Joe Lynch discuss highlights from Manifest 2023 conference, which was held in Las Vegas, January 31 to February 2. Courtney is currently the President of Manifest, a new generation event with logistics technology at the center. She leads the Manifest team and drives all strategic partnerships for the event. About Courtney Muller Courtney Muller lived in 8 states before she was 14 years old.

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With ToolsGroup Demand Planning Software, DAB Pumps Streamlines Forecasting Processes for an Improved Customer Experience

ToolsGroup

DAB Pumps puts customers and the environment first, while increasing planning efficiency, thanks to ToolsGroup’s powerful automation and artificial intelligence BOSTON — March 16, 2023 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, has been selected by DAB Pumps , a leading manufacturer of water management equipment, to enhance its forecasting processes and increase planning efficiency for a better understanding of customer demand, higher service l

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Above the Fold: Supply Chain Logistics News (March 17, 2023)

Talking Logistics

24 years ago today, I started a new job. I arrived at the office expecting to start a research project related to the semiconductor industry (where I had spent most of my career at that point, and what I had been hired to do). Instead, I was told that I would do a market study. Read more The post Above the Fold: Supply Chain Logistics News (March 17, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

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Supply Chain Network Design: 3 Ways to Prepare for Trends Stirring Up 2023

Logility

In June 2022, U.S. inflation reached a 40-year high. Although inflation has slowed since then, it continued to climb in January 2023 , triggering fears that the Fed could keep raising interest rates throughout 2023. On the other hand, a slowdown in inflation could mean prices will gradually stabilize and we’ll avoid a recession. What does all of this mean for manufacturers and distributors?

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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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Lead Gen for Logistics with Kara Brown

The Logistics of Logistics

Kara Brown and Joe Lynch discuss lead gen for logistics. Kara is the Founder and CRO of LeadCoverage , the premier B2B marketing and PR firm dedicated to helping logistics companies increase lead generation through targeted marketing strategies and media coverage. About Kara Brown Kara Brown is the Founder and CRO of LeadCoverage, the premier B2B marketing and PR firm dedicated to helping logistics companies increase lead generation through targeted marketing strategies and media coverage.

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Logistics Procurement – Performance Management

The Logistics & Supply Chain Management Society

Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. With constrained and somewhat erratic demand and supply – not just of products and materials but also capacity with carriers of all modes – rates have been extremely volatile.

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[Video] Top of Mind Challenges and Opportunities for Supply Chain and Logistics Executives

Talking Logistics

A conversation with Maria Villablanca, Co-Founder & CEO of Future Insights Network, on the “Top of Mind Challenges and Opportunities for Supply Chain and Logistics Executives.” Podcast version (click to play): The post [Video] Top of Mind Challenges and Opportunities for Supply Chain and Logistics Executives appeared first on Talking Logistics with Adrian Gonzalez.

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How to Boost Resilience in Multi-Tier Supply Chains?

AIMMS

The post How to Boost Resilience in Multi-Tier Supply Chains? appeared first on AIMMS.

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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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ChatGPT for Supply Chain: Exploring the Opportunities Ahead

SCMDOJO

If you are in the supply chain industry, you are probably well aware of the constant need to optimize processes and improve communication between stakeholders. With the advent of new technologies, businesses have revolutionized how they operate and stay ahead of the curve. And one of the most promising innovations in recent years is ChatGPT for supply chain.

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When Adopting New Tools for the Supply Chain, Don’t Forget Change Management

Supply Chain Brain

Why do some companies get so much more value from their supply chain and logistics deployments over time, while others see their value degrade?

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The year that was, and preparing for the retail year ahead.

IT Supply Chain

By Andrew Tavener (pictured) Head of Fleet Marketing EMEA, Descartes Systems Group The post The year that was, and preparing for the retail year ahead. appeared first on IT Supply Chain.

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Demand Forecasting in the new normal

SYSPRO Smarter ERP

Manufactures are continuously faced with the challenge of forecasting how much (raw material) to purchase and how much (finished goods) to produce. Failure to effectively address this challenging question can result in enormous inefficiencies caused by misalignment of demand and supply throughout the supply chain. The misalignment can result in multitude of negative consequences such as high warehousing costs, cash flow difficulties, loss of sales, which can lead to permanent loss of loyal custo

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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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The Rise of EVs: Taking a Leadership Role at NAATBatt 2023

QAD

The future of transportation stands on the brink of a revolution – the shift from the internal combustion engine to cleaner, more efficient electric motors. The EV marketplace is set to grow a whopping 35% over the next 10 years, and today’s governments are scrambling to develop plans for building the infrastructure and raw material supply chains necessary to support it.

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It’s Time to Embed Climate Considerations Into Supply Chain Strategies

Supply Chain Brain

As companies focus on reducing their greenhouse gas (GHG) footprint, buyers and suppliers have an opportunity to embed climate considerations into their supply chain strategies.

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Short-term space is critical to a successful warehouse strategy

IT Supply Chain

By Steve Purvis (pictured) Managing Director, Bis Henderson Space The post Short-term space is critical to a successful warehouse strategy appeared first on IT Supply Chain.

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Primer for Control Layer Technology Platforms Applied to Warehousing and Customer Fulfillment Processes

Supply Chain Matters

Supply Chain Matters provides a first installment in a four-part technology market education series where we address the evolving use of Cloud based control layer technology platforms applied to warehousing and customer fulfillment processes. This initial posting provides readers with an overview and primer for this type of technology. Subsequent installments will address implementation considerations and helpful hints, along with specific case study deployment examples.

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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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Uphold Sustainability Goals with Supply Chain Digitization

QAD

In today’s world, sustainability has become a top priority for businesses across all industries. Companies are increasingly focused on reducing their carbon footprint, conserving natural resources and promoting social responsibility. One way that companies can achieve their sustainability goals is by digitizing their supply chain operations. Businesses should pursue these environmental initiatives not only for addressing customer expectations and brand reputation, but also because many of these

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Why Now is the Time for Arkieva+

Arkieva

Digital transformation has been a prime area of focus over the last 10 years. Arkieva+ is our answer for smaller businesses looking to implement a SaaS solution. Why Now is the Time for Arkieva+ was first posted on March 14, 2023 at 8:09 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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Spring Budget no cause to relax, retailers need more support

IT Supply Chain

By Paul Lynch (pictured) Head of UK Experience & Commerce UK&I, Merkle The post Spring Budget no cause to relax, retailers need more support appeared first on IT Supply Chain.

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