Sat.Aug 12, 2023 - Fri.Aug 18, 2023

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Five Preventive Measures to Mitigate Supply Chain Risk

Supply Chain Brain

Your customer’s shipment is on its way. But will it arrive undamaged? Or at all? Overhaul’s special report details the exact steps you need to take to ensure the security of your supply chain.

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The Next Supply Chain Game Change

BlueYonder

Leveraging Large Language Models to Turn Complexity into Opportunity This blog was co-written by Sai Buddhavarapu , VP, Product Management, and Angela Troccoli , Senior Product Marketing Director. Operating in today’s disruptive and complex global environment can be challenging for any supply chain. Changes in demand, unexpected supply shortages, employee absences, or extreme weather events have always required immediate action.

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The Impact of Supply Chain Logistics on the Gambling Industry

IT Supply Chain

By John Hampton (pictured) Content Writer The post The Impact of Supply Chain Logistics on the Gambling Industry appeared first on IT Supply Chain.

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Watch: Supply Chain Talent: What the Hell Happened?

Supply Chain Brain

When considering nearshoring, staffing experts can help with finding multilingual talent with the same values as yours, says Mia Mazal, business development and partnership manager at SWORKz.

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How to Conduct Workplace Incident Investigations to Create Safer Workplaces

This white paper provides a comprehensive overview of global workplace incident trends, focusing on the top three biases leading to such incidents. It also highlights the significance of CSA Z1005 as a risk management standard and outlines the ROI of thorough incident investigations, covering emergency response to post-incident interviews. Additionally, it introduces an Investigation Evidence Gathering Matrix.

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5 Steps Supply Chain Planning Solutions Implementation Success

Logility

When it comes to implementing supply chain planning and operations solutions, success relies heavily upon an organization’s ability to identify and document its desired value measures and outcomes, and to align those with its solutions provider. Here are five critical practices that supply chain and business leaders should incorporate in the process of developing project goals – and avoid a painful implementation. 1 Co-develop a business case with vendors.

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The Connective Tissue of the Supply Chain with Bart A De Muynck

The Logistics of Logistics

Bart De Muynck and Joe Lynch discuss the connective tissue of the supply chain, which is a reference to project44. As the supply chain connective tissue, project44 operates the most trusted end-to-end visibility platform, tracking over 1 billion shipments annually for the world’s leading brands. Bart is Chief Industry Officer at project44 where he drives supply chain industry thought leadership and supports customers with their logistics and supply chain strategies.

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Law, Trend, and Impact: Sustainability and Global Supply Chains

Talking Logistics

In a 2019 LinkedIn article, Dr. Yossi Sheffi from MIT wrote, “No self-respecting company is without a sustainability strategy, and at the center of these strategies lies the supply chain.” We’re now approaching 2024 and the focus on sustainability continues to grow, driven by many factors, including new regulations and legislation. What are the key.

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The Changing Landscape of Retail Supply Chains

Enterra Insights

The past few years of turmoil in the retail sector have challenged many professionals. The so-called “retail apocalypse” was deepened by the pandemic, then came inventory overload and inflation. Retailers could be excused for describing their feelings with some of the lyrics from Willie Nelson’s famous song “Crazy.” The lyrics read: “Worry, why do I let myself worry?

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Keeping Your CEO & CFO Informed of Supply Chain Performance

Talking Logistics

With supply chains experiencing ongoing risks and disruptions, keeping your CEO and CFO informed of what is happening is more important than ever. How frequently do you update your CEO/CFO on supply chain performance and developments? What information are they most interested in? We asked members of our Indago supply chain research community — who.

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Mastering Digital Transformation: Your Guide to a Successful MES Implementation

70% of digital transformation projects fail (BCG, 2020). In an industry where most large software implementations falter, we recognize the importance of planning, optimization, and execution. With over 25 years of industry experience and countless successful implementations, MASS Group is opening the vault of tips and tricks to provide a complimentary step-by-step guide in implementing a Work-In-Progress (WIP) tracking software.

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5 Principles for Navigating the Digital Fog Around AI in Supply Chain

Logistics Viewpoints

Chief supply chain officers feel overwhelmed navigating the intense digital fog surrounding AI in supply chain, so I offer five principles for navigation. For sure, the opportunity for AI in supply chains is massive.

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Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains

The Logistics & Supply Chain Management Society

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers. Efficiently managing these processes is vital for companies to meet customer demands, minimize costs, and maintain a competitive edge.

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Logistics and Distribution Trans with Rik Schrader

The Logistics of Logistics

Rik Schrader and Joe Lynch discuss logistics and distribution transportation, which is one of the specialties of Rik’s company, Körber Business Area Supply Chain. Rik is Senior Vice President of Sales at Körber Business Area Supply Chain and responsible for sales and alliances leadership across the Americas for Körber’s supply chain software portfolio.

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Above the Fold: Supply Chain Logistics News (August 18, 2023)

Talking Logistics

It’s that time of the year again: when we move our kids back to college. This year I will have two kids in college again: my oldest son who will begin his senior year at Cornell (Computer Science Engineering with a minor in Math; if anyone has a job opportunity for him to consider, feel. Read more The post Above the Fold: Supply Chain Logistics News (August 18, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

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The New GTM Playbook: 18 Ways to Future-Proof Your Sales Team

Longer sales cycles. Increasingly discerning buyers. More meetings. Intensifying competition. Economic uncertainty. Go-to-market teams of every size, in every industry, are grappling with these challenges firsthand. Thankfully, there’s an answer. We’ve developed an entirely new way for GTM leaders to identify and execute proven, data-driven strategies that drive revenue.

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Climate Change and the Supply Chain

Logistics Viewpoints

Day in and day out, my newsfeed is full of headlines about companies that are looking to make sustainability an integral part of their business. It’s good to see these companies recognizing the impact of climate change, and changing their policies, sourcing, and manufacturing practices to reduce emissions. According to the United Nations, climate change refers to long-term shifts in temperatures and weather patterns.

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Bridge the Gap Between Executive Alignment & Supply Chain Performance

Logility

In today’s rapidly evolving marketplaces, businesses need every advantage they can secure — and often, that edge lies in the effective alignment of executive leadership with supply chain operations. When the C-suite understands and integrates supply chain considerations into strategic decision-making, the results can be transformative. However, achieving this critical alignment often stumbles over familiar hurdles: A limited understanding of supply chain operations at the executive level,

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How to Fix Food Safety Issues in the Supply Chain

The Network Effect

Fixing food safety in the supply chain is a critical issue. One food-borne illness can impact a brand and undermine customer loyalty.

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Ocean Risk Management part 2: Navigating Global Shipping Alliance

The Logistics & Supply Chain Management Society

Ocean Risk Management part 2: Navigating Global Shipping Alliance The shipping industry continues to evolve. With market swings and changing consumer demands forcing companies to adapt to stay competitive, one approach that has gained popularity in recent years is the use of Global Shipping Alliances (GSAs), which are agreements between multiple carriers to share vessels, routes, and other resources.

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Your Supply Chain Challenges, Solved!: 5 Guides

Download these 5 comprehensive guides designed to solve the toughest challenges facing supply chains today. After helping 1,200+ of the world’s most recognized brands to enhance and optimize their supply chains, FourKites has crafted step-by-step guides to help you solve your business’s most pressing challenges. The guides include: reducing transportation costs, improving customer satisfaction, optimizing inventory management, increasing workforce efficiency, and achieving sustainability and ESG

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The Global Trade Compliance Market is Crazy!

Logistics Viewpoints

The global trade compliance market is one crazy market. The market grew by double digits year over year, yet there is no standard user and consequently there is no common understanding of what the end-to-end global trade compliance process should be. Linda McKee, the director for global trade services management at SAP, expressed the idea this way, “I don’t think we currently have any real standard global trade scenarios.

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Smarter, Not Harder: How to Climb Every Peak in Supply Chain Planning

Logility

Smarter, Not Harder: How to Climb Every Peak in Supply Chain Planning Supply chain planning is like a grand mountaineering expedition. Every step is meticulously mapped out to manage immediate needs and challenges while uncovering and navigating intricate risks hidden within each layer. But instead of reaching just one peak, supply chain planners must climb four – service, inventory, cost, and sustainability.

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Understand the Factors Behind Inventory Accumulation by Optimization Models with No Demand

Arkieva

While working with various optimization models, I often encountered situations where the supply chain optimization model would make decisions to produce items even when there was no demand. This blog discusses different scenarios that led to the optimization models producing and storing excess inventory. Understand the Factors Behind Inventory Accumulation by Optimization Models with No Demand was first posted on August 16, 2023 at 7:47 am. ©2017 " Supply Chain Link Blog - Arkieva "

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The Green Corridor: Cures from the Sky! Healthcare Distribution is Driving Itself Into a More Environmentally Friendly Direction

The Logistics & Supply Chain Management Society

The Green Corridor: Cures from the Sky! Healthcare Distribution is Driving Itself Into a More Environmentally Friendly Direction by Timothy Foote, Founder of Susymbio Healthcare and saving the environment do not at first seem a natural fit. Disposable masks and tons of one-use equipment is associated with much of the medical experience we all have received.

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How One Manufacturer Used GEP SOFTWARE To Save $45M in Direct Material Sourcing

For global manufacturers, managing direct and indirect material spend can get very complicated very quickly. Multiple legacy systems prevent procurement from standardizing processes and tracking what they’re spending with each supplier. In response to these challenges, a leading heavy equipment manufacturer selected GEP to redesign its source-to-contract processes and implement a convergent data model to help manage procurement data across its multiple locations.

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This Week in Logistics News (August 12 – 18)

Logistics Viewpoints

“Insanity is doing the same thing over and over and expecting different results.” This quote is often attributed to Albert Einstein, but apparently, he never actually said it. However, for one man in Maryland, none of that matters. The 65-year-old Accekeek, Maryland man bought 15 identical tickets for the same lottery drawing. Normally, this would seem, as is attributed to Einstein, insane, given the low odds of winning on a single ticket.

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Improving Last-mile Delivery Efficiency with Yard Management Systems

C3 Solutions

The ‘last mile’ is the most critical, yet challenging, leg of the supply chain journey. It is the last step before a product reaches the customers; hence, efficiency at this step significantly contributes to customer satisfaction and overall brand reputation. While historically, the last leg used to be shipments to retailers, the rapid growth of e-commerce and customers' ever-increasing expectations has meant the last-mile is now a crucial part of the delivery experience.

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Navigating Today’s Finnish Warehouse Optimization Trends

CHAINalytics

As Finland grapples with an aging population, labor shortages and high inflation, the country’s supply chains face both obstacles and opportunities. How are these trends influencing warehouse automation and what’s the role of consultants in optimizing warehouse operations? Trends driving warehouse automation Many factors are redefining the future of warehouse operations.

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Essential Skills for Supply Chain Leaders in Asia during Pandemic

The Logistics & Supply Chain Management Society

Essential Skills for Supply Chain Leaders in Asia during Pandemic The Asian Institute of Management conducted a study across orgainsations in Asia to identify crucial skills and competencies required by supply chain managers and leaders in Asia. While most studies focus on USA and Europe, we recognised the unique challenges faced by Asian supply chains, especially during the pandemic.

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Building Cyber Resilience and Data Integrity in Your Supply Chain

Learn about the most frequently occurring cybersecurity breaches coming from third party suppliers, vendors & contractors. Master how to spot security gaps and how to mitigate future cyberattacks. In this eBook, you will learn: How to define reasonable levels of security for your suppliers, vendors, contractors, etc.