Sat.Jan 06, 2024 - Fri.Jan 12, 2024

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Supply Chains to Admire 2023

Supply Chain Insights

Supply Chains to Admire 2023 - Report v4.0 Abstract Supply chain excellence is easier to say than define. The Supply Chains to Admire methodology is a data-driven evaluation to attempt to define excellence. The analysis compares companies to industry performance in each sector for 2013-2023. Now in its tenth year, the Supply Chains to Admire analysis studies improvement, performance, and value on reported financials for over 500 public companies.

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How to Hurdle the Biggest Barrier to Supply Chain Transparency: Data

Logistics Viewpoints

If You Can’t Access the Truth, How Can You Determine the Truth? Let’s just come right out and say it – without the ability to capture, aggregate, and understand your supply chain data, you have gray area within your organization. Proprietary warehouse, transportation , and labor management systems bolted onto legacy ERP systems, all “enriched” with off-the-shelf and bespoke software solutions, are a recipe for disaster.

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Unlocking Nuanced Supply Chain Planning

Demand Driven Technologies

When the world becomes more complex, a little nuance doesn’t hurt… A binary approach doesn’t usually solve problems. This adage also applies to the planning of our supply chains. Our management systems, by definition, are binary – running on computers more at ease with zeros and ones, true/false, than with progressive, nuanced gradation.

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Embracing the Supply Chain as A Complex Non-linear System

Supply Chain Shaman

This weekend, I edited the Supply Chains to Admire report. The report was scheduled to publish in the summer of 2023, but life got in the way. The full report publishes this week. I laugh that writing the report is like a root canal. An analysis of improvement, performance, and value of over 500 public companies in 28 industries over a decade. (I posted my working summary.

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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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Supply Chain New Year’s Resolutions: Things to STOP Doing in 2024

Talking Logistics

Back in 2017, I wrote a post highlighting four things supply chain and logistics professionals should stop doing in the new year. Since those things still apply today, I am resharing them again below. I also added a couple of more things to stop doing in 2024 and beyond. Recommendations from 2017 that still apply. Read more The post Supply Chain New Year’s Resolutions: Things to STOP Doing in 2024 appeared first on Talking Logistics with Adrian Gonzalez.

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[Video] Going Beyond The Hype: Successful AI In Supply Chain Management

Talking Logistics

When it comes to Artificial Intelligence, many companies are still in the learning phase — that is, they’re trying to understand the technology landscape and what’s possible, and it’s a bit challenging because everything is evolving very fast. At the moment, all the buzz and hype is about Generative AI, thanks in large part to. Read more The post [Video] Going Beyond The Hype: Successful AI In Supply Chain Management appeared first on Talking Logistics with Adrian Gonzalez.

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Profit and Planet: Two Sides of the Same Supply Chain Coin

BlueYonder

A recent Gartner survey confirmed that more than two-thirds of Chief Supply Chain Officers (CSCOs) are still recovering from the last major disruption when the next one comes along – a continuous barrage of challenges that proves that responsive supply chains are going to struggle in a state of constant volatility. Businesses must respond by implementing processes and technologies that enable them to not only spot risks of disruption much earlier, but to then act upon them in the most efficient

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What Kind of Reset Does the Supply Chain Need? Part Two

Enterra Insights

The world has changed so dramatically that EY analysts Matthew Burton and Joost Vreeswijk assert global supply chains need to undergo a great reset.[1] According to Burton and Vreeswijk, there are five elements that must be considered during this great supply chain reset. In Part One of this article, I discussed the first three elements: 1) Rationalized portfolio; 2) Resilient, circular operating models; and, 3) Segmented supply footprints and challenging traditional management hubs.

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Think Like Your Customer: An Executive’s Perspective

QAD

When You and Your Supply Chain Become the Weak Link Imagine your company as a Formula 1 racing driver. Your suppliers are the pit crew, the specialists priming a fine-tuned machine and making sure you have the right tires and fuel to compete against the best. Failure in the supply chain is like the pit crew fumbling a tire during a stop and wasting precious seconds in an environment won in the margins.

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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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Congrats to the Winners of the Supply Chains to Admire 2023

Supply Chain Shaman

Today, we published The Supply Chains to Admire for 2023. Congratulations to the 34 winners. (For a more detailed analysis, check out the Power point summary.) The companies that outperformed industry sector performance while driving improvement and sustaining value are: Apple, Assa Abloy AB, BorgWarner, CCL Industries, Celanese, Cummins Engine, CF Industry, Decker Outdoors, Gilead Sciences, Intuitive Surgical, Hubble, Huntington Ingalls Industries, Leggett & Platt, Lockheed Martin Corporati

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This Week in Logistics News (January 6 – 12)

Logistics Viewpoints

This was a very interesting week as we saw a number of long-lasting partnerships come to an end. As a New England Patriots fan, this season was certainly disappointing, as everything seemed to go wrong, except for landing a top-3 draft pick in 2024. In a move that was not surprising, but still seems so wrong, the Patriots and legendary coach Bill Belichick mutually agreed to part ways.

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Above the Fold: Supply Chain Logistics News (January 12, 2024)

Talking Logistics

We got our first snow of the season last Sunday. Not too much, about 4 inches. Two days later, more than 2 inches of rain fell, as the temperature climbed above 50F. Snow is all gone, just mud and puddles left behind. Winters in Boston are not what they used to be. — Moving on, Read more The post Above the Fold: Supply Chain Logistics News (January 12, 2024) appeared first on Talking Logistics with Adrian Gonzalez.

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Supply Chain AI Strategy: Navigating Apparel Industry Complexities

Logility

Navigating the $5 trillion North American apparel market requires precision, especially when dealing with the intricate complexities of forecasting and inventory management. This blog cuts through the complexity, presenting how supply chain AI strategy and machine learning, especially through the power of generative AI and InventoryAI+, are essential in crafting a smarter, more responsive retail supply chain.

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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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The 4 Top Challenges in Deploying AI in Healthcare and Pharmaceutical Supply Chains

The Network Effect

The post The 4 Top Challenges in Deploying AI in Healthcare and Pharmaceutical Supply Chains appeared first on The Network Effect.

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Top 15 Logistics Stories of 2023

Logistics Viewpoints

Often times at Logistics Viewpoints, we like to look to the future and highlight the key trends that we see in a given market, or make predictions about what technologies will emerge as game changers in the new year. Just last week, my colleague Clint Reiser wrote an article about the top logistics and supply chain conferences to attend in 2024. While we look ahead to the future, I think it is also important to look back on the year that was.

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Prepare Now to Navigate the ‘Storm Clouds’ in Transportation Management

Talking Logistics

Editor’s Note: The following is an excerpt of a research report published recently, “Transportation Pulse Report 2024 – Prepare for Dark Clouds on the Horizon.” The research, conducted by Adelante SCM and commissioned by Transporeon, highlights several supply chain and logistics trends that will impact and transform the industry in the years ahead and why.

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A Guided Tour Through the Qualitative Research City

SCM Research

I am pleased to share with you a new article I co-authored with Wendy L. Tate and Tingting Yan: A Guided Tour Through the Qualitative Research City. This is my first Journal of Supply Chain Management editorial. In this piece, we draw parallels between a city’s less-visited buildings and ten research approaches: (1) grounded theory, (2) interpretive research, (3) sensemaking, (4) sociomateriality, (5) actor–network theory, (6) ethnography, (7) action research, (8) discourse analysis, (9) narrati

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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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Kappahl Selects ToolsGroup to Support Its Thriving and Growing Fashion Brand

ToolsGroup

The Nordic fashion retailer employs ToolsGroup’s innovative JustEnough® retail planning solution for enhanced business performance and accelerated growth. BOSTON – January 11, 2024 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is proud to announce it has been selected by Kappahl , a leading fashion chain in the Nordics, to drive better planning decisions, supporting and accelerating its business growth.

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The US Leads the World in the Fight Against Slavery

Logistics Viewpoints

Detainees listening to speeches in a camp in Lop County, Xinjiang, April 2017 All countries claim that they have outlawed slavery. But slavery still exists. Today we refer to slavery as “forced labor.” Forced labor can be imposed by State authorities, by private enterprises, or by individuals. It is observed in all types of economic activity and exists in every country.

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TIA Technovations with Tom Curee

The Logistics of Logistics

Tom Curee and Joe Lynch discuss TIA Technovations, a logistics and transportation conference designed to explore technology trends and innovation driven by logistics industry leaders. Tom is the Founder and President of Qued , a freight technology company focused on workflow automation, and the TIA Technology Committee Chairman. About Tom Curee Tom Curee has served in the transportation industry for nearly 20 years working at 3PLs, carriers and most recently as a freight tech provider.

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Optimizing Brazilian Supply Chains: Navigating Tax Regulations with AIMMS SC Navigator

AIMMS

AIMMS SC Navigator optimizes Brazilian supply chains, offering unique functionality to handle refundable taxes within the country's tax framework

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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 Named a Leader in the SPARK Matrix for Retail Assortment and Management Applications by Quadrant Knowledge Solutions

ToolsGroup

BOSTON – January 9, 2024 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is proud to announce it has been named a technology leader in the SPARK Matrix™ analysis of Retail Assortment and Management Applications by Quadrant Knowledge Solutions (QKS). The Quadrant Knowledge Solutions SPARK Matrix: Retail Assortment and Management Applications, Q4, 2023 includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competiti

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What Kind of Reset Does the Supply Chain Need? Part One

Enterra Insights

What comes to mind when you hear the word “reset”? According to the Oxford Dictionary , reset means to “set again or differently.” When it comes to the so-called “supply chain reset,” setting up differently should be the working definition. Why? EY analysts Matthew Burton and Joost Vreeswijk insist the world has changed so dramatically that resetting to old ways of doing things would be both impractical and illogical.[1] They explain: “ Over the last cou

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The 4 Top Challenges in Deploying AI in Healthcare and Pharmaceutical Supply Chains

The Network Effect

The post The 4 Top Challenges in Deploying AI in Healthcare and Pharmaceutical Supply Chains appeared first on The Network Effect.

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2024 Predictions: A New Era of Strategic Supply Chain Design

Supply Chain Brain

The time for pandemic-era thinking is over. This will be the year of strategic supply chain design — but companies must be shrewd in their technology and vendor selection.

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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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FCA data shows ransomware resurgence

IT Supply Chain

By Ant Ducker (pictured) Cyber Technologist EMEA at Carbon Black The post FCA data shows ransomware resurgence appeared first on IT Supply Chain.

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Happening Now: a Lean transformation in action

West Coast and California Logistics

A recent article from Supply Chain Digest was written in conjunction with the Lean Enterprise Institute (LEI). The article focuses on the Lean transformation recently undertaken by aerospace manufacturer, Re:Build Cutting Dynamics – a transformation which has already yielded impressive results.

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Finding Your Spot on the Tradeoff Curve

The Smart Software

Managing inventory, like managing anything, involves balancing competing priorities. Do you want a lean inventory? Yes! Do you want to be able to say “It’s in stock” when a customer wants to buy something? Yes! But can you have it both ways? Only to a degree. If you lean into leaning your inventory too aggressively, you risk stockouts. If you stamp out stockouts, you create inventory bloat.