Sat.Aug 31, 2024 - Fri.Sep 06, 2024

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Real-Time Rebalancing: The Key to Maximizing Your Q4 Revenue

ToolsGroup

Q4 is the most critical time of the year for retailers. It’s the period when sales skyrocket and hitting your revenue targets becomes more important than ever. However, the key to maximizing your Q4 revenue doesn’t lie solely in marketing or pricing strategies—it starts with your inventory. Real-time inventory rebalancing is the game-changer that can help you meet customer demand precisely when it peaks.

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7 Steps To Accurately Determine TCO In ECommerce

IT Supply Chain

By John Hampton (pictured) Content Writer The post 7 Steps To Accurately Determine TCO In ECommerce appeared first on IT Supply Chain.

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Freight Fraud: How Good Are Your Processes to Prevent It?

Talking Logistics

Author’s Note: Yes, it’s Friday, the day I typically highlight the supply chain and logistics news that caught my attention this week. But this was a very quiet week for news — maybe Labor Day has turned into Labor Week? Anyway, since there wasn’t much news to write about, I decided to highlight some Indago. Read more The post Freight Fraud: How Good Are Your Processes to Prevent It?

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How Blockchain Technology Powers the Foundation of Digital Product Passports

Logistics Viewpoints

One promising application that is emerging in the Supply Chain and Sustainability space is Digital Product Passports (DPPs). Driven by regulations and a thirst for data transparency. Blockchain can serve as the backbone for tracking and managing product information throughout its entire lifecycle. The potential to provide reliable, tamper-resistant data across supply chains is driving interest from various sectors, including pharmaceuticals, electronics, and food production.

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How to Master Product Portfolio Management

Pursuing product portfolio management excellence empowers organizations to unlock the full potential of their offerings. This comprehensive guide unveils 10 essential keys that serve as the building blocks for success.

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Decision Science Can Help Supply Chain Professionals Embrace Uncertainty

Enterra Insights

When most people think about a business, they don’t often picture the myriad decisions that must be made on a daily basis. However, as Bain analysts, Michael C. Mankins and Lori Sherer , explain, “The best way to understand any company’s operations is to view them as a series of decisions.”[1] Neither do people often think about a business’ supply chain.

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EU MDR Compliance: Critical Deadline for Medical Device Manufacturers

QAD

Ensure EU MDR 2017/745 Compliance by September 26, 2024 September 26, 2024, is a critical deadline for life sciences companies selling medical devices in the European Union. By this date, medical device manufacturers must have collaborated with their notified bodies to secure extensions for their medical devices to comply with the EU 2017/745 Medical Device Regulation (MDR).

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When Resiliency Fails, Embrace Chaos

John Galt

Learn all about advanced scenario planning to build supply chain antifragility and transform uncertainty into opportunity and value.

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Digital Supply Chain Transformation: Keys to Success

Arkieva

Discover strategies for successful digital supply chain transformation. Learn how to focus on people, processes, and technology to overcome common challenges. Digital Supply Chain Transformation: Keys to Success was first posted on September 4, 2024 at 8:49 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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Ensuring Compliance with the EU Carbon Border Adjustment Mechanism

Exiger Perspectives

Table of Contents Introduction In October 2023, the Carbon Border Adjustment Mechanism (CBAM) — an emissions trading scheme to reduce carbon emissions — went into effect. Now in its transitional “pilot” phase for the European Union, the CBAM is set to directly affect EU firms, with an indirect impact on U.S. and global producers who export to the EU.

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The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

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Supply Chain & Logistics News September 2nd – 6th

Logistics Viewpoints

Within the next week, New York will be bustling with people attending fashion shows, brand events, and participating in Fall 2024 Fashion Week. Some of the biggest and emerging brands will showcase their work to the media and the public. This will be a major opportunity for media outlets to produce stories and for companies like Temu and Shein to observe closely.

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Logistics Knowledge Work in the AI Age with John Delgado

The Logistics of Logistics

John Delgado and Joe Lynch discuss logistics knowledge work in the AI age. John is CEO of FreightPath , an innovative talent firm that offers both a comprehensive learning management system and a direct candidate sourcing solution. Summary: Logistics Knowledge Work in the AI Age The logistics industry is grappling with a talent shortage, and the rise of AI is further reshaping the landscape.

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Customer Segmentation in a Privacy-driven World

Enterra Insights

Brands, retailers, and their marketers walk a fine line when trying to reach targeted audiences. They don’t want to waste precious resources reaching out to the wrong people and, at the same time, they don’t want to be so personal that they cross over into creepy territory. James Mullany , a group director at marketing agency Beeby Clark+Meyler, insists the era of micro-targeting is over.

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Supply Chain Visibility: How to Solve your Biggest Operational Challenges.

C3 Solutions

Keeping up with supply chain demands is no easy feat. Whether you're managing inventory in a warehouse, trying to streamline operations at the dock, or juggling yard logistics, everything needs to flow seamlessly. And here’s where supply chain visibility comes in.

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What Makes a Warehouse Worker Happy?

The 2024 Newcastle Systems Worker Satisfaction Survey provides insights into the life of a warehouse worker and what matters to them.

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The Retailer FabFitFun Excels at Logistics

Logistics Viewpoints

FabFitFun Warehouse in Chino, CA FabFitFun is an interesting retailer with a complex supply chain. They have assembled a set of hardware and software solutions to enable huge surges in shipping. They have been successful enough with their fulfillment capabilities that they are no longer just a direct-to-consumer retailer; they are also a third-party logistics provider.

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Meeting Supply Chain Sustainability Standards in a Complex Regulatory Environment

Supply Chain Brain

Businesses are increasingly recognizing the need to integrate sustainability standards required by national laws deep within their international supply chains.

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Intelligent Rebalancer: React and Recover from Disruptions

BlueYonder

In a previous blog post , I discussed the challenges planning and execution teams face in responding to increasing disruptions. From extreme weather to port closures, disruptions all too frequently upset these teams’ carefully defined plans for getting inventory from Point A to Point B — leading to stockouts and dissatisfied customers. Since disruptions can never be eliminated, the solution lies in creating a fast, accurate and efficient way to optimally re-allocate inventory following a disrupt

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Simplifying ERP Complexity for Better Supply Chain Control

Demand Driven Technologies

ERP systems are not renowned for their simplicity. With the overwhelming ERP system complexity, there is a lot of technical data and parameters to maintain. Planners are often lost or dependent on data maintained by other remote teams. They have no way of ensuring that the system’s recommendations are correct. Usually, they end up calculating.

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Maximize Supply Chain Spend & Asset Utilization with Innovative Test Automation

Connected devices are emerging at an explosive rate exerting pressure on larger operators; however, some organizations cannot continue to purchase the latest & greatest devices without ramifications. The introduction of automated test technology drives the optimization of supply chain expenditures leveraging forward & reverse logistics paths. Adopting innovative test automation tools addresses these challenges by providing robust solutions for testing the interoperability, performance, & securit

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The Value of a Personable Approach to Managed Service for SAP

IT Supply Chain

By Charles Smith (pictured) Sales Executive, Absoft The post The Value of a Personable Approach to Managed Service for SAP appeared first on IT Supply Chain.

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Amazonification of the Supply Chain: Mitigating Rates Through Ecosystem Integration

Supply Chain Brain

This "Amazonification" of the e-commerce supply chain, centered around personalized experiences, underscores the need for seamless integration.

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Selecting a 3PL for Black Friday and Cyber Monday 2024

ModusLink Corporation

Warehouse Management. 2024 Holiday Spending Predictions – Recent surveys reveal that 65% of holiday shoppers plan to spend about the same on gifts as they did last year. To ensure a seamless and successful Black Friday and Cyber Monday, selecting the right Third-Party Logistics (3PL) provider is crucial. 1. Scalability and Flexibility Your 3PL must have the ability to scale operations up or down based on demand fluctuations during Black Friday and Cyber Monday.

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Cost to Supply v Cost to Serve and Why You Need to Understand It

Logistics Bureau

Understanding the cost to supply is as crucial as knowing your cost to serve. It’s about assessing the costs your suppliers incur when delivering to your business, which can significantly impact your strategy, pricing, and overall efficiency. By understanding these costs, you can make informed decisions that enhance supplier relationships and optimize your operations.

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11 KPIs for Measuring Innovation Success

Measuring innovation success is critical yet challenging for organizations, often leading to confusion over which KPIs to use. Many rely on inappropriate metrics borrowed from other departments, wasting resources and overlooking valuable opportunities. This guide outlines why innovation metrics are hard to track and offers a framework for creating effective KPIs.

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7 Reasons Why Automated Webinars Are the Future of Online Marketing

IT Supply Chain

By Rob Jackson (pictured) Content Writer The post 7 Reasons Why Automated Webinars Are the Future of Online Marketing appeared first on IT Supply Chain.

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Embrace Uncertainty and Complexity with Decision Intelligence

Supply Chain Brain

In today’s economic landscape, uncertainty across the supply chain is inevitable, whether due to the effects of climate change, demand and supply variability, or global unrest. To keep up, supply chain leaders need to continuously make good decisions quickly that consider the ever-changing circumstances, emerging opportunities and disruptions to improve how responsive and adaptable they can be.

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Bob Ferrari Contributes to Supply Chain Management Review

Supply Chain Matters

In this posting we wanted to alert readers to a contributed column from Supply Chain Matters Founder and Executive Editor Bob Ferrari in the September -October edition of Supply Chain Management Review magazine. This article is part of the Supply Chain Management Review Global Links column that features invited contributed thought leadership. Bob’s contribution is titled: When worlds collide.

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Locus for Retail: Understand Your Customers Better with Smart Analytics

Locus

“Information is the oil of the 21st century, and analytics is the combustion engine.” ~ Peter Sondergaard, Senior Vice President and Global Head of Research at Gartner, Inc. Retail companies tend to house millions upon millions of data. This is no surprise, considering recent studies indicate that the number of online shoppers globally has surged to 2.71 billion , propelling retail sales to an estimated $30.5 trillion in 2024, with projections reaching $32 trillion by 2026.

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Enhance Customer Value: Unleash Your Data’s Potential

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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Manual vs. Electric Pallet Jacks: Which One Is Best for Your Warehouse Facility?

IT Supply Chain

By Mike Bronson (pictured) Content Writer The post Manual vs. Electric Pallet Jacks: Which One Is Best for Your Warehouse Facility? appeared first on IT Supply Chain.

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Tapping the Power of Integrated Business Planning

Supply Chain Brain

In recent years, integrated business planning (IBP) has been gaining traction among companies looking to improve their supply chain strategy. But what exactly is integrated business planning and how can companies adopt it quickly and successfully without causing undue disruption to the daily operations of the business?

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Added Evidence of Global Warming Occurrence

Supply Chain Matters

This week, The European Union’s Copernicus Climate Change Service reported what many multi-industry supply chain management teams might have already suspected. The agency indicated that for the boreal summer period that extends from June to August in the Northern Hemisphere , global temperatures were 0.69C above historical averages. That number exceeds a prior high mark set of 0.66C that was recorded in 2023.

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