LogiSYM Supply Chain Magazine – October 2023
The Logistics & Supply Chain Management Society
OCTOBER 15, 2023
Download the latest LogiSYM Supply Chain Magazine now!
The Approach to Effective Freight Procurement
The Logistics & Supply Chain Management Society
OCTOBER 15, 2023
The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.
Optimal Sourcing 
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Logility President Allan Dow and VP Business Development, Diane Ngabire named Supply & Demand Chain Executive 2024 Pro’s to Know
Logility
MARCH 11, 2024
About Supply & Demand Chain Executive Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more. Learn more at [link].
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Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains
The Logistics & Supply Chain Management Society
AUGUST 19, 2022
Many companies buy forward inventory ahead of tariffs being implemented. This strategy, however, may incur additional warehousing and storage costs, and firms may experience accounting challenges where an inventory is considered an asset, which could affect cash flow. LogiSYM Supply Chain Magazine – August 2022.
The Green Corridor: The Circular Journey
The Logistics & Supply Chain Management Society
OCTOBER 15, 2023
MORE FROM THIS EDITION h6 The Approach to Effective Freight Procurement LogiSYM Supply Chain Magazine – October 2023 The Evolution of Asset Management: Humans, Inventory and the Rise of AI The Green Corridor: The Circular Journey Managing Inventory amid Regime Change
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The Outsourced Supply Chain with Hannah Kain
The Logistics of Logistics
MAY 26, 2023
In 2020 she was featured as a Business Insider Top 100 People Transforming Business, recognized as a Top 10 Women in Logistics by Global Trade Magazine, and won the SDCE Women Leaders in Supply Chain award. Hannah was named an SDCE 2023 Supply Chain Pro to Know and 2021 WE USA Top WBE CEO.
The State of Supply Chain Trends Part II: AI, Procurement, & the New Lean
GlobalTranz
JANUARY 10, 2017
From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The start of any product or service is procurement, explains Jonathan Webb of Forbes Magazine , which refers to the obtaining of raw materials needed to create a product.
Pushing the Supply Chain Reset Button
The Logistics & Supply Chain Management Society
JANUARY 3, 2024
In the sector, the bullwhip impact is high, the inflationary pressures of crude oil prices immense, the variability from energy outages painful, and inventories relatively low. If ERP system input includes lead time, why is there such bloat and a problem with inventory restatements? Focus on right-sizing inventories.
ToolsGroup’s Michael Haiber and Stefano Novati Named Supply & Demand Chain Executive “Pros to Know” for 2021
ToolsGroup
MARCH 17, 2021
BOSTON, March 17, 2021 – ToolsGroup, a global leader in supply chain planning software, is proud to announce that ToolsGroup Director of Professional Services for Europe, Michael Haiber, and Vice President of Professional Services, Stefano Novati, were both named 2021 “Pros to Know” by Supply & Demand Chain Executive magazine.
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Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains
The Logistics & Supply Chain Management Society
AUGUST 14, 2023
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.
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Using Technology to build Sustainable Supply Chains
The Logistics & Supply Chain Management Society
SEPTEMBER 14, 2021
Armed with better data, companies can develop accurate supply and demand forecasting models, localise the procurement of resources and restructure contracts. This is achieved by AI and ML which delivers more accurate optimised inventory, minimising overproduction and potential errors. MORE FROM THIS EDITION.
ToolsGroup’s Robert Kaufholz and Mauro Adorno Named Supply & Demand Chain Executive “Pros to Know” for 2022
ToolsGroup
MARCH 31, 2022
ToolsGroup is how organizations improve product availability while right-sizing inventory, no matter how complex their supply chain is or how much demand changes. The award recognizes outstanding executives whose accomplishments offer a roadmap for other leaders looking to leverage supply chain for competitive advantage. About ToolsGroup.
Risk Management in Global Ocean Context
The Logistics & Supply Chain Management Society
JULY 16, 2023
It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. The areas that will be deliberated in future articles are ocean shipping market landscape, freight procurement, reliability & visibility and the competitive landscape.
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Prepare for Unforeseeable Uncertainties With Supply Chain Planning
CHAINalytics
AUGUST 4, 2021
” Interview via Supply Chain Magazine Based out of Helsinki, Juha Martikainen has been consulting … The post Prepare for Unforeseeable Uncertainties With Supply Chain Planning appeared first on Chainalytics. . “The pandemic has taught us that you have to be prepared to deal with uncertainties.
Driving Sustainable Growth Through Supply Chain Resilience
The Logistics & Supply Chain Management Society
APRIL 26, 2022
Communication tools like order tracking, cloud-based shipping and ordering, and radio frequency identification (RFID) chips, enable real-time visibility of orders, shipments, and inventory. LogiSYM Supply Chain Magazine – April 2022. Driving Sustainable Growth Through Supply Chain Resilience.
Are Our Agri-Food Supply Chains In Crisis?
The Logistics & Supply Chain Management Society
APRIL 19, 2023
COVID and related measures have shown the world the high degree of interdependence of countries for their basic food supply, risks of lean supply chains where inventories in the supply chain have been reduced or eliminated, and the fragility of this global agri-food supply chain architecture to disruptions.
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Disruption in Supply Networks – How intelligent network platforms optimize for variability and uncertainty
The Logistics & Supply Chain Management Society
JULY 14, 2021
We had to break them up into a lot of different modules, such as production management, order management, procurement, MRP, etc. Disconnected algorithms won’t work, because you lose visibility, and then to compensate, you need armies of planners and inventory buffers. extra inventory. And that’s a huge problem.
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Accelerate your digital transformation with Intelligent Automation and RPA
The Logistics & Supply Chain Management Society
JULY 13, 2021
It predicts that by 2022, firms will dedicate 35% of their logistics business process outsourcing services budget to process automation, focusing on order, inventory, and shipment tracking. LogiSYM Supply Chain Magazine – April 2021. According to IDC’s 2020 Supply Chain Survey – 72.8% MORE FROM THIS EDITION.
The Evolution of Asset Management: Humans, Inventory and the Rise of AI
The Logistics & Supply Chain Management Society
OCTOBER 15, 2023
The Evolution of Asset Management: Humans, Inventory and the Rise of AI by Jeroen Hendriks , Director at Art of Supply Chain Sdn Bh In the ever-evolving landscape of organisational success, the spotlight is now on asset management. However, inventory is also an essential asset for many businesses.
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Getting the Education and Experience to Land a Job in Supply Chain!
Supply Chain Game Changer
OCTOBER 10, 2022
Check online reviews, college rankings as published in reputable magazines, and official institution websites to gain information about fees, the number of students, courses offered, and available specialties. What a particular company calls an inventory expert might not match up with how other corporations in the industry use the term.
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Ford Motor’s Warning of Added $1 Billion in Supply Chain Costs- Another Signal
Supply Chain Matters
SEPTEMBER 23, 2022
Implied is that these vehicles will remain as factory inventory until needed components arrive and customer or dealer orders can then be fulfilled. The opportunity is both more demand-driven planning as well as reduced finished goods inventories. Once more, these shortages reportedly involve higher margin trucks and SUV ’s.
President Andrew Lynch On What We Must Do To Create Nationally Secure And Resilient Supply Chains
Zipline Logistics
JANUARY 10, 2023
This article was originally published by David Leichner of Authority Magazine. . Starting his career in carrier procurement and management within a Fortune 100 logistics company, Lynch has held positions of responsibility in all areas of third-party logistics. Andrew Lynch x Authority Magazine Interview.
Origin of Logistics & Supply Chain Revealed! - SupplyChainOpz
Supply Chain Opz
MAY 25, 2013
The story began in January 1810 on the " Scots Magazine, and Edinburgh Literary Miscellany for January 1810". Here at resupply points, inventory was stored for up to 8 days. 2) Origin of "Logistics". Image credit Google Books. Then, Ive created the conceptual model of the news as below, Conceptual Model. to another " is a bit tricky.
8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain
Logistics Bureau
JANUARY 7, 2020
Pioneered the use of vendor-managed inventory. Implemented cross-docking in its supply network to enable inventory reductions. In 2017, the company began to look at new options for warehousing, knowing it would need to start placing inventory closer to customers if it wanted to compete in the challenging omnichannel retail space.
Finding and Applying for Supply Chain Jobs!
Supply Chain Game Changer
MARCH 12, 2020
The supply chain industry offers many roles to choose from: Procurement Analyst, Logistics Manager, Inventory Specialist, Purchasing Manager, and Warehouse Manager (just to name a few). As a career blogger, she shares her latest personal development ideas by contributing articles to online magazines. Find The Right Role.
How Artificial Intelligence is Changing the Business Landscape
Enterra Insights
JUNE 14, 2019
AI systems can also help with inventory control, logistics movement, and numerous other retail-related activities. AI systems can be used across supply chain networks from procurement to last mile delivery. 3] Danielle Abril, “ Mark Cuban: Invest in AI or Get Left Behind ,” D Magazine , 26 September 2017. [4]
Experts Choice Of Top Online Logistics Resources
Freightos
AUGUST 26, 2015
Part of Peerless Media’s impressive stable of industry magazines, including Supply Chain Management Review, Modern Materials Handling and Material Handling Product News. Likely the most well-known trade magazine, it provides data-rich material relevant across the supply chain. Logistics Management. LogisticsMgmt. ILMagazine.
Supply Chains have always shaped the World
Enterra Insights
JUNE 11, 2018
There has been a really major import of raw materials,’ Brooks told The Atlantic magazine.” Chris Sawchuk, Principal & Global Procurement Advisory Practice Leader at The Hackett Group concludes, “In short, the objectives of supply chain won’t change. ”[6].
Resilience and Agility in Supply Chains: Navigating Change in a Dynamic World
The Logistics & Supply Chain Management Society
JULY 16, 2023
The scarcity of skilled professionals in areas such as logistics, procurement, and data analytics can hinder the ability to effectively manage and optimize supply chains. These technologies have the potential to automate processes, improve forecasting accuracy, optimize inventory management, and enhance decision-making capabilities.
Airbus harmonizes its global procurement processes with AirSupply
SupplyOn
NOVEMBER 7, 2019
Airbus harmonized its global procurement processes with a innovative, highly comprehensive initiative featuring AirSupply, earning a well-deserved nomination for the German Logistics Award The construction of an aircraft is preceded by a highly complex, sophisticated procurement process.
Great Career Advice from Industry Leaders!
Supply Chain Game Changer
JUNE 8, 2021
I read multiple magazines and supply chain blogs to keep current. Do you want to focus on the Procurement side of things, or more on the Logistics and Planning side? Kristie Syndikus, VP Procurement at Maple Leaf Foods. Danny Wang, VP Sourcing and Procurement at Canada Goose. Lastly, stay relevant. Never forget it.
Logility Congratulates Mandy McCain of Berry Global, Katherine Storer of Berlin Packaging and Stephanie Francis of ChemPoint as Winners of the Women in Supply Chain Award
Logility
SEPTEMBER 17, 2021
These women are amazing in so many ways,” says Marina Mayer, editor-in-chief of Supply & Demand Chain Executive and Food Logistics magazines. Her team works with the commercial division to increase forecast accuracy, build strong supplier relationships and manage inventory at optimal levels. Go to www.SDCExec.com. About Logility.
Essential Skills for Supply Chain Leaders in Asia during Pandemic
The Logistics & Supply Chain Management Society
AUGUST 14, 2023
Changing Landscape of Supply Chain Executives Traditionally, supply chain executives excelled in managing functions like transportation, warehousing, inventory, and production planning but supply chain process extends beyond the firm, involving global relationships with suppliers and customers.
Leveraging Digital Technologies To Reinvent And Accelerate Supply Chain Automation – LogiSYM October/November 2020
The Logistics & Supply Chain Management Society
NOVEMBER 23, 2020
The need for more visibility and control in logistics, is needed to closely monitor the activities related to their inventory, sales, and transactions. The solution must be capable of handling the complete process of inventory planning, ordering, and real-time performance management through a user-friendly interface.
Warehousing, the Rise of IT, Automation, and Now… Robotics
Logistics Bureau
MARCH 14, 2018
Affected by changes in production, procurement and distribution methods, warehousing has continually been pushed and pulled in different directions. The benefits of these tools are principally in the acceleration and increased efficiency of operations, plus improved tracking and inventory optimisation.
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How to Sustain a Lean Culture in Manufacturing & Supply Chain
GlobalTranz
MARCH 23, 2016
Entering these team projects in a magazine, or Lean contest is a motivator to boost teamwork and ensure that MDI is effective every day. Are you collecting a long list of problems but you never get around resolving them?". The contest is an answer to the question of how you build and maintain momentum for a Lean journey….that that has no end.
Ship Smarter: How to Avoid Bottlenecks in Your Global Operations
ThroughPut
OCTOBER 28, 2019
Published October 25, 2019 in Global Trade Magazine. This is why supply chain managers are always stressing over demand forecasts — something that tops the list of most critical inventory management practices. On the contrary, you should be exploring all your procurement options globally, nationally, and locally.
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Seasoned Leadership in Action™! An Interview with Michael Massetti, VP at Gartner!
Supply Chain Game Changer
NOVEMBER 17, 2018
We achieved recognition both internally and externally for our sourcing and procurement accomplishments in the spend management area. The team reduced finished-goods inventory by 50% and reduced the assembly and test line production variances by 50% in 9 months. I read multiple magazines and supply chain blogs to keep current.
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Ultimate Guide To Technologies That Are Transforming Supply Chains
The Logistics & Supply Chain Management Society
FEBRUARY 15, 2021
IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. Inventory optimization: Coupled with demand forecasting, predictive analytics enables warehouses and DCs to optimize inventory levels.
Supply Chain Movement 21 – S&OP + IT
Supply Chain Movement
APRIL 26, 2016
In the last three years we’ve developed our strategy, centralised procurement, purchasing and manufacturing aligned our portfolios across all categories globally and developed our exclusive brands portfolio. Adequate demand planning and accurate inventory investments are key to successful supply chain management in this fast-moving industry.
History and Evolution of Supply Chain and Logistics
SCMDOJO
MARCH 25, 2022
Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management. NAPM published a new magazine, Purchasing Magazine, in 1965. In the fall of 1961, the American Transportation Association published its first issue of Transportation Magazine.
A chat with Scott Phillips
The Logistics & Supply Chain Management Society
JUNE 10, 2021
My projects in Malaysia, Philippines, China, Indonesia and eventually Vietnam, ranged from customer service and order fulfillment, shop-floor planning, inventory management, import/export and procurement. LogiSYM Supply Chain Magazine – April 2021. MORE FROM THIS EDITION. Digital and the Supply Chain—How Far Have We Come?
Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020
The Logistics & Supply Chain Management Society
JULY 21, 2020
As an offspring of globalisation, supply chains are focused on optimisation – cost reduction, just-in-time deliveries and tight inventory-to-sales ratios. A significant paradigm shift in procurement and inventory control is an emerging area of focus.
Top eCommerce marketplaces in Philippines
Vinculum
FEBRUARY 25, 2020
The stock warehouse with a vastly diverse inventory concept is still gaining prominence in the Philippines and hence Galleon.ph specializes in procuring products that are unavailable in the country. Galleon.ph. The online shopping website imports a range of products from nations like the United States of America and China.
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