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. Figure 2: A technology adoption roadmap for transportation and logistics companies considering generative AI.

Optimal Sourcing 244

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SCMDOJO

MARCH 19, 2024

Risk Management The department can proactively identify and address potential risks in the supply chain, such as material shortages, natural disasters, or political instability. This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Grab yours now!

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ShipBob

JULY 18, 2022

Whether it’s due to unscrupulous employees or opportunistic thieves, this type of inventory risk can result in significant losses for your business. Working with a reliable third-party logistics partner such as ShipBob is one of the best ways to prevent inventory shrinkage. Inventory risk management with ShipBob.

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Enterra Insights

APRIL 4, 2018

Globalism has been a boon to the supply chain by expanding sourcing, opening new markets, accelerating growth and highlighting opportunities to save money. ” Taken as a whole, the issues raised by Monahan and Gott are enough to keep any risk manager awake through the night. ”[2] Those risks are: 1.

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Supply Chain Matters

OCTOBER 12, 2022

In this Supply Chain Matters posting we highlight published September 2022 indices of global supply chain volatility ( GSPI ) and US Logistics Index ( LMI ) activity trends along with our view of the implications. As noted above, the not so optimistic news now rests with risks for product demand contraction. Logistics Managers Index.

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ToolsGroup

SEPTEMBER 20, 2022

When I launched this award three years ago, I was prepared for an uphill battle,” says Marina Mayer, Editor-in-Chief of Supply & Demand Chain Executive and Food Logistics. “ Supply & Demand Chain Executive and sister publication Food Logistics are also home to L.I.N.K. About ToolsGroup.

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Supply Chain Shaman

DECEMBER 7, 2023

Expand the “FLOW” program for logistics information sharing to forecast transportation flow. Source: Supply Chain Insights ASCM defines resilience in the SCM Supply Chain Dictionary as the ability of a supply chain to anticipate, create plans to avoid or mitigate, and to recover from disruptions to supply chain functionality.

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GlobalTranz

SEPTEMBER 23, 2021

The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.? Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? transportation management optimization ?to As highlighted by?

Prescriptive Analytics Software 308

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Logistics Viewpoints

APRIL 22, 2021

alternate sourcing strategies), while others are potentially negative (e.g. Emerging technologies play a role in managing disruption and are driving change in the transportation and logistics industries. Business logistics costs as a percentage of GDP is currently 7-8% in United States.

Supply Chain Disruption 327

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Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. business logistics costs reportedly rose by 22.4 For 2021, U.S. percent to $1.85

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The Logistics & Supply Chain Management Society

JANUARY 14, 2021

Sponsors–CEVA Logistics, Cainiao from Alibaba and Zebra. Media Partners–CargoNOW, the Logistics & Supply Chain Management Society, Supply Chain Wayne, APAC CIO Outlook and Automotive Logistics. Warehouses today operate in conditions shaped by disruptive forces. OUR SPONSORS: Platinum Sponsor–GLG. THE FEEDBACK.

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ivalua

NOVEMBER 26, 2020

Supply Chain Risk Management on the World Stage – Lessons Learned. We are now redefining the concept and levels of safety stock and strategic inventory within warehouses and at suppliers to ensure a bulwark against future disruptions. . Managing Risk Across the Supply Chain Remains Challenging.

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Logistics Viewpoints

MARCH 2, 2023

Supply chain leaders get it, as confirmed by recent PwC research that shows: Investing in advanced supply chain capabilities bears fruit through lower costs, increased revenues, improved sustainability, higher asset utilization, better risk management, and greater rates of on-time, in-full delivery to B2B and B2C customers.

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Logility

JULY 14, 2022

says Marina Mayer, Editor-in-Chief of Supply & Demand Chain Executive and Food Logistics. 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.

Logility 173

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Supply Chain Matters

APRIL 4, 2024

Supply Chain Risk Management Provider Avetta Acquired Stockholm based private equity firm EQT has reportedly agreed to acquire supply chain risk management software technology and managed services provider Avetta from existing private equity owners Welsh, Carson, Anderson & Stowe ( WCAS ).

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Talking Logistics

APRIL 21, 2017

Now, moving on to this week’s supply chain and logistics news… Amazon won a patent for an on-demand clothing manufacturing warehouse (Recode). Oracle Warehouse Management Cloud Update Helps Businesses Scale Logistics to Meet Multi-Channel Demand. Source: Amazon patent. in an email.

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ThroughPut

APRIL 15, 2024

AI’s predictive capabilities are not limited to supply chain management; they extend to fields such as finance, healthcare, and energy, where forecasting plays a crucial role in operational planning. AI is also used in supply chain management to enhance various aspects beyond demand forecasting.

Forecasting 52

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Locus

DECEMBER 7, 2021

Africa-based executives had by far the highest rate of reporting logistics shocks (48%), not a surprising result given the poor state of infrastructure across much of the continent. Presently, their major focus lies on local production, warehousing and strategic sourcing. Major supply chain risks in the Middle East.

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Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. Today, we find ourselves in the middle of a risk management case study. News coverage showcases the differences between logistics and supply chain management. China was the source of over 90% of PPE.) Expect border friction and logistics to be an issue.

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ShipBob

DECEMBER 25, 2023

It can happen simply due to ineffective planning, risk management, warehouse use, or sourcing strategies. It’s a form of supply chain digitization that ensures every element, from sourcing raw material inventory to product delivery, is coordinated and managed through a centralized platform.

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ToolsGroup

MARCH 17, 2021

These winners collaborated, optimized, developed, educated and played a critical role in the survival and success of their company amid a global pandemic,” says Marina Mayer, Editor-in-Chief of Supply & Demand Chain Executive and Food Logistics. “I About Supply & Demand Chain Executive. Go to www.SDCExec.com.

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ModusLink Corporation

SEPTEMBER 1, 2023

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Any logistics provider will be well aware of these issues, but it’s possible to overlook how much things have changed in recent years. Let’s think back on demand forecasting and warehousing management.

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Supply Chain Matters

DECEMBER 28, 2023

Over time, B2B Supply Chain Networks have been implemented to provide what are sometimes termed as supply chain control tower focused capabilities that address enhanced supplier intelligence and risk management, or industry specific transactional and business process collaboration.

Supply Chain Planning Software 59

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Talking Logistics

DECEMBER 16, 2015

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. Making supply chain and logistics predictions is like throwing darts at a moving target. How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? What will happen in 2016?

Predictive Analytics Software 120

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Talking Logistics

DECEMBER 11, 2014

Brent crude oil prices Dec 2009 – Dec 2014 (Source MoneyAM.com). I use this example to illustrate the challenges (or, perhaps, the futility) of making supply chain and logistics predictions. For related commentary, see: In Logistics, Somebody Has to Own the Assets. Do Facebook and Twitter Need a Logistics Strategy?

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ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Warehouse staff can stay on top of their replenishment orders to minimize gaps in the supply chain.

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Enterra Insights

JUNE 30, 2022

And logistics networks become all the more important during climate disasters and severe weather events, shuttling essential supplies into the areas most affected.”[8] ” • Conduct a comprehensive assessment of each site’s risks. ” • Transfer risk with insurance. ” • Transfer risk with insurance.

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Talking Logistics

SEPTEMBER 1, 2017

August is usually a quiet month for supply chain and logistics news, but not this year, especially the past couple of weeks. LevaData to Transform Strategic Sourcing for Global Procurement and Supply Chain Leaders. Manhattan Transportation Management Enhancements Enable the Acquisition and Supervision of Additional Shipment Capacity.

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Enterra Insights

JANUARY 5, 2022

New sources of data and AI driven models can be applied across companies’ product development, supply chain, and sales lifecycles to give them greater confidence, knowing they are on the right path to growth. .” One of the inflationary trends driving up 2021 end-of-year prices was the cost of logistics. billion by 2027. .

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Talking Logistics

JANUARY 5, 2015

Last January, I shared 5 New Year’s Resolutions for supply chain and logistics executives to improve as leaders. As I wrote last year: According to leadership expert Ken Blanchard, “when you stop learning, you stop leading,” and this is especially true in supply chain management. Happy learning and networking in 2015!

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SYSPRO Smarter ERP

APRIL 13, 2022

The war and imposed sanctions will create a knock-on effect across the supply chain , and businesses will be impacted by material shortages, material cost increases, demand volatility, logistics and capacity constraints as well as cybersecurity breaches. Consider holding safety stocks where applicable to prevent breaks in production.

Supply Chain Planning Software 111

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Supply Chain Matters

MARCH 27, 2024

and global wide headlines, not only for the significance of such a tragedy, but as a fresh reminder that events of such magnitude are now part of the landscape of supply chain and logistics risk. refineries and warehouses. This disaster has made U.S. An act of terrorism has been initially rule out regarding the collision.

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Resilinc

NOVEMBER 14, 2023

Resilinc’s Rick Freeman weighs in on the future opportunities for high-tech and semiconductor companies Despite the stabilization of the high-tech and semiconductor supply chain, the industry still faces pressure due to ongoing import/export restrictions and changing regulations governing semiconductor production and sourcing.

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Supply Chain Game Changer

AUGUST 3, 2021

There are many reasons for this lack of due consideration: Many Supply Chain operations, like manufacturing, purchasing, warehousing, and logistics are hands on, blue collar type jobs. Supply Chain is a massive source of competitive advantage and differentiation. Risk management is real.

Supply Chain Strategy 119

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Supply Chain Matters

JUNE 14, 2022

The Supply Chain Matters blog highlights two additional May 2022 indicators of supply chain volatility as well as logistics services trending. logistics trends reinforce a shifting tide along with concerns as to what to expect in the second half of 2022. US Logistics Managers Index. compared to April value of 69.7,

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BlueYonder

JUNE 10, 2022

Also, this week, Blue Yonder shared our standing as a Leader in the recently published Gartner Magic Quadrant for Warehouse Management Systems 1. Labor Management is another frequently asked topic, as both small and large companies are trying to navigate the tight labor market more effectively. Key Themes.

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ModusLink Corporation

DECEMBER 13, 2022

Yes, COVID caused many issues, but other factors, including geopolitical changes, the war in Ukraine, weather events, peak season , and economic instability, have altered the fabric of logistics. With so much disruption fresh in mind, looking toward 2023 feels a bit more stable for every warehouse and distribution channel.

Agile and Lean Supply Chain 78

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