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This Week in Logistics News (October 7 – 13)

Logistics Viewpoints

It’s likely that only the ultra-superstitious have herd of the term, which is a fear of Friday the 13th. Failure to reach an accord by October 31 would mean that levies on $10 billion of exports between the EU and US would automatically come back into force at the start of 2024. Have you ever heard of paraskevidekatriaphobia?

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The Circular Economy.

ModusLink Corporation

Taking the fastest route towards your destination is often the most effective one as you will use the least time possible. Then, the business uses these raw materials together with labor to convert them into their final product. The fundamental pillars of a circular economy are made of the term reusability. Product design.

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How Does Machine Learning Improve Supply Chain Performance?

Logility

Or consider Walmart’s use of satellite photography and drones for scanning its warehouses. According to IBM’s website, businesses can now make better decisions by using weather data. Using weather data as context, we’re living through a progression that looks something like this: . The User Experience.

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Fashion supply chain – A Maroquinerie Thomas story

DynaSys

With its 6 facilities in France (Semur-en-Auxois, Saulieu, Montmirail, Macon, Bapaume and Arras), Maroquinerie Thomas has found the way of combining traditional knowhow with an industrial organization to ensure optimal customer satisfaction. The company offers its knowhow to the leading luxury brands. Is the result tangible? “It

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How supplier collaboration is changing the game in procurement

Proxima

I’d wager that it gets used as much for effect today as it does to describe activities and situations that are truly collaborative. Collaboration must be up there as one of the most frequently used words in event agendas or strategy presentations in procurement circles. So, why so popular now? Because it’s real, and now.

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Whither Globalization?

Enterra Insights

Today, though, with higher wages, increasing shipping costs, and shifting consumer needs, we’re experiencing a new era where global trade is slowing down and occurring on increasingly regional terms.”[2] The future of globalization remains a bit of a mystery. The anger of displaced workers is understandable. Deglobalization.

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What manufacturers need to know about IIoT

SYSPRO Smarter ERP

In 2018 a Forbes magazine published an article entitled “Every company is a data company” in which the authors urged all companies to use data as a core asset. Using data has the potential to open up new business models, technologies, and an ecosystem where anything-as-a-service is possible. IIoT use cases.