July, 2024

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The Rise of A.I. Is Not Like the Dotcom Bubble

Enterra Insights

Nearly three decades ago, the world experienced what became known as the dotcom bubble. Many of the start-ups that popped up during that time raised significant amounts of capital, spent it lavishly, and went bust. Economic sociologist Adam Hayes explains, “The dotcom bubble, also known as the Internet bubble, grew out of a combination of the presence of speculative or fad-based investing, the abundance of venture capital funding for startups, and the failure of dotcoms to turn a profit.

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Chatting With Your Supply Chain Software

Talking Logistics

Way back in 2013, in a post titled “Siri Comes to Enterprise Apps,” I wrote the following: Instead of manually executing tasks with a mouse or touch screen, why not speak them? We already see this in the consumer realm with smartphones, and in the warehouse too with voice picking technologies. It’s only a question. Read more The post Chatting With Your Supply Chain Software appeared first on Talking Logistics with Adrian Gonzalez.

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Robotic Process Automation in Supply Chain

Logistics Viewpoints

Robotic Process Automation (RPA) refers to process automation that combines process steps with decision models or business rules with little to no human oversight. It is typically applied to high-volume transactional processes with limited variation and clearly outlined business rules or decision models. Today’s article is the fifth part in a series featuring surveys from APQC on supply chain topics including ESG in supply chain , environmental sustainability , last mile , digital transform

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Red Sea Crisis and Early Peak Season Surge Disrupt Global Supply Chains for some SMBs

Freightos

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. More Resources Home Red Sea Crisis and Early Peak Season Surge Disrupt Global Supply Chains for some SMBs Judah Levine July 24, 2024 Since early May, supply chains have faced significant disruptions due to congestion caused by Red Sea diversions and an early start to ocean freight’s peak season.

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Provide Real Value in Your Applications with Data and Analytics

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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Prioritizing Quality Over Quantity in Academia

SCM Research

It is up to all of us to make academia a better place. As we take on roles as members of tenure committees, doctoral committees, editorial boards, department chairs, and deans, we have a choice to focus on the quality rather than the quantity of academic ideas. I believe that most academics are intrinsically motivated and do not require additional incentives.

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Distributor Selection: Mastering the Catalyst Phase

Enchange Supply Chain Consultancy

The dictionary definition of a Catalyst is: An agent that provokes or speeds significant change or action. Using ourA-B-C of Route to Market model, the Catalyst Phase is when we execute or as we sometime call it ‘How to Win’. For distributor selection , it is when we engage our chosen distributor. And it’s not just about the contract. As a reminder, my previous post on Distributor Selection covered: · TheAssessment Phase · TheBlueprint Phase To reiterate a previous assertion, it is vital to use

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The Cybersecurity Problem (and Opportunity) in Supply Chain Management

Talking Logistics

John Adams famously said, “Every problem is an opportunity in disguise.” I recalled this quote when I read that Google is reportedly acquiring cloud security company Wiz for $23 billion. As reported by Reuters, this would be “Google’s most expensive acquisition and provide it with cybersecurity products that defend against ransomware gangs wreaking havoc on.

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Don’t Propagate Chaos with Your Supply Chain Planning System!

Logistics Viewpoints

Kinaxis is a leading provider of supply chain solutions. Their Kinexions 2024 user conference ended yesterday (June 19 th ). Like many enterprise application providers, they had a story to tell about artificial intelligence. It is a good story. And a refreshingly honest explanation. Kinaxis used to refer to itself as a supply chain planning supplier.

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Empowering Freight Forwarders with AI: Insights from Industry Leaders

Freightos

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. More Resources Home Empowering Freight Forwarders with AI: Insights from Industry Leaders AI Popup #2 Gaurav Bajaj July 8, 2024 Dive deeper into freight data that matters Learn More Empowering Freight Forwarders with AI: Insights from Industry Leaders For years, technology has been cast as a threat to freight forwarders.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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Propositional, Perspectival, and Provocative Styles of Theorizing

SCM Research

It is clear that theorizing in our discipline is primarily aimed at explaining and predicting phenomena in terms of causes and effects related to underlying structures and mechanisms (propositional style). In the recently published article Unlocking the Power of Diversity for Supply Chain Knowledge: Is Pluralism in Theorizing Styles the Key? by Joep Cornelissen, Victoria Stephens, and Lee Matthews in the Journal of Supply Chain Management, the authors argue for a pluralistic approach to theorizi

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A Framework for Generative AI Readiness and Supply Chain Maturity in 8 Steps

Logility

Generative AI has taken the world by storm, and the supply chain industry is a perfect candidate to benefit, with opportunities for integration of generative AI from strategic planning to execution processes. Yet, the question remains: Is your supply chain mature enough to integrate Generative AI effectively? Visualize the following supply chain scenario: data on forecasting are confined to spreadsheets, updates on transportation are trapped in emails, and inventory levels are locked in database

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The CRO Perspective: Growing FreightTech Sales with Ryan Sullivan

The Logistics of Logistics

Ryan Sullivan and Joe Lynch discuss the CRO perspective – growing freighttech sales. Ryan is the CEO and Founder of Ratchet Ventures , a fractional CRO firm specializing in the logistics and freighttech space. Summary: The CRO Perspective: Growing FreightTech Sales In this podcast, Ryan Sullivan, Founder of Ratchet Ventures and an experienced Chief Revenue Officer (CRO), shares his insights on growing sales in the freight tech and logistics industry.

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Shipping A Pen in a Giant Box

Talking Logistics

We’ve all experienced it: we order a small item online, like a pen, and it arrives in a box large enough to fit a toaster oven. Not only is this a waste of packaging material, it’s also a waste of space on trucks. Companies are effectively paying for shipping air. In late June 2024, the. Read more The post Shipping A Pen in a Giant Box appeared first on Talking Logistics with Adrian Gonzalez.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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Supply Chain Planning – A Market Viewpoint

Logistics Viewpoints

ARC Advisory Group has been covering the Supply Chain Planning ( SCP ) market for 17 years. The market has been growing at double-digit rates for several years, even during the pandemic. The pandemic brought home the need for companies to run agile and resilient supply chains. SCP is a critical application to help companies achieve better agility. Supply chain agility reflects a company’s ability to respond quickly to surges or plummeting demand.

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US vs. Europe: Comparing Dock and Yard Management Markets

C3 Solutions

Dock and yard management are today's most in-focus parts of supply chain and logistics. Together, they bring methods to the madness of warehouse operations. Dock and Yard Management ensures efficient cargo handling, reduces vehicle turnaround times, and leads to timely deliveries and cost-effective operations.

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New Report Says Supply Chains Must Embrace AI Now, or Be Left in the Dust

Supply Chain Brain

The progress of supply chains in adopting AI varies widely. So does the return on investment. But according to one recent study, there’s one strategy that guarantees failure: doing nothing.

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Reynolds’ Continuous Improvement Journey Across a Dynamic Supply Chain

Logility

The consumer products giant, Reynolds Consumer Products is helping keep food fresh longer and kitchen safe. With approximately 95% of American households relying on products like recyclable aluminum foil, self-sealing wax, freezer paper, disposable bakeware, trash liners, and more, this organization strives for continuous improvement in their supply chain.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Scaling Your SMB Freight Brokerage with Sean Smith

The Logistics of Logistics

Sean Smith and Joe Lynch discuss scaling your SMB freight brokerage. Sean is VP of Product at Denim , a trusted freight factoring partner on a mission to advance the supply chain by accelerating the movement of money and data. Summary: Scaling Your SMB Freight Brokerage In this insightful podcast series, Joe Lynch and Sean Smith delve into the dynamic world of small and medium-sized (SMB) freight brokerage businesses.

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Above the Fold: Supply Chain Logistics News (July 12, 2024)

Talking Logistics

Greetings from Burlington, VT, where the remnants of Hurricane Beryl dumped almost 2 inches of rain on Wednesday, and some additional rain yesterday. It’s dry today (so far), but there’s a chance of rain tomorrow when I’ll be cycling 100 miles (along with other Logistics Leaders for T1D Cure team members) at the Breakthrough T1D. Read more The post Above the Fold: Supply Chain Logistics News (July 12, 2024) appeared first on Talking Logistics with Adrian Gonzalez.

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Editor’s Choice: Supply Chain Automation for a Greener Future

Logistics Viewpoints

Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article comes from Joan Lim, Senior Manager, Product Marketing at Oracle and looks at the intersection of autonomous supply chains and sustainability. I attended MODEX in March and saw the latest advancements in robotic applications and automation.

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Dock Scheduling for Disaster Preparedness and Recovery

C3 Solutions

Natural calamities like hurricanes, earthquakes, heavy winters , and floods are becoming worse year after year and have disrupted global supply chains, especially in the U.S. They seriously affect all logistics—maritime, inland, rail, highway, warehousing, and storage.

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2024 Annual T&L M&A Report

Tenney Group, an industry specialized M&A Advisory firm in the T&L space, produced the 2024 Annual M&A Report. The report contains an in depth overview of 2023 notable deals and the market, while also providing the outlook for 2024 M&A.

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Nurturing Career Growth in the New Era of Supply Chain

Supply Chain Brain

The supply chain discipline has become a C-suite concern that drives competitive advantage and customer excellence — one that requires expansive leadership skills and technical prowess.

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Blue Yonder Associate Honors Her Family’s Angels This Disability Pride Month

BlueYonder

July is Disability Pride Month, which is celebrated in alignment with the passing of the Americans with Disabilities Act (ADA) in July 1990. The month aims to bring awareness of the positive pride felt by those within the disability community. In honor of this month, Blue Yonder Associate Shawnna Cutforth, a Senior Marketing Operations Manager, shares her personal experience as a parent of a child with special needs and her immense appreciation for the wonderful individuals that make up #TeamKei

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How Transloading Facilities Can Benefit Your Supply Chain

West Coast and California Logistics

When your imported products hit the port, do you want them to head out to market as quickly as possible? If so, it’s time that you give transloading a closer look. In this article, we’ll examine transloading in greater detail, including what you should look for in a 3PL provider that operates transloading facilities.

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Editor’s Pick: A Guide to Managed Transportation Services

Talking Logistics

Note: Today’s post is part of our “Editor’s Pick” series where we highlight posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This recent post from Uber Freight’s blog provides a guide to managed transportation services, including its core components, how to implement managed.

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The Art of Consistent Perfect Order Delivery: Smart Order Fulfillment Through Orchestration

Shippers and logistics service providers are pressured to match the “Amazon effect” for fast and efficient service across multiple B2C, B2B, and D2C channels. Perfect order delivery - on-time and in-full at the lowest possible cost – is critical. However, recent surveys of supply chain stakeholders reveal that many don't have the technology necessary to achieve it.

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Mobile Warehouse Robotics: The Cornerstone of Modern Warehouse Automation

Logistics Viewpoints

The mobile warehouse robotics market is no doubt a crucial piece of technology to achieve warehouse automation. At this point, we can see the market reaching some maturity, where more end users recognize the benefits and essentiality of automating warehouse and logistics operations with mobile robots. The increasing number of successful cases shared by key market leaders and the rising funding activities in recent years , with several key market leaders advancing past Stage C funding and one com

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Make AI-Driven Inventory Optimization an Ally for Your Organization

The Smart Software

In this blog, we will explore how organizations can achieve exceptional efficiency and accuracy with AI-driven inventory optimization. Traditional inventory management methods often fall short due to their reactive nature and reliance on manual processes. Maintaining optimal inventory levels is fundamental for meeting customer demand while minimizing costs.

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Automation's Role in Alleviating Labor Shortage Pressures

Supply Chain Brain

Organizations are struggling to secure the labor, knowledge workers and leaders they need to thrive — and logistics and supply chain-focused businesses have been hit particularly hard.