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This Week in Logistics News (April 20 – 26)

Logistics Viewpoints

When it come to smuggling, drug dealers are taking things to a while new level. Colombian drug smugglers are disguising cocaine as “fake coal” within major bulk consignments to try to dupe port surveillance operations, according to a new report. Anti-narcotics investigators have uncovered substantial amounts of the disguised drugs in the past two years as smugglers go to ever-more elaborate lengths to get illicit cargoes on board ships.

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Above the Fold: Supply Chain Logistics News (April 26, 2024)

Talking Logistics

The woodpecker is back. Maybe it’s not the same one that pecked a hole in my house a few years ago, but it could be a disgruntled relative. I haven’t seen him yet, I’ve only heard his peck, peck, peck. He’s taunting me, I know. But I won’t let him get under my skin, peck. Read more The post Above the Fold: Supply Chain Logistics News (April 26, 2024) appeared first on Talking Logistics with Adrian Gonzalez.

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How Satisfied Are Companies With Their TMS?

Talking Logistics

Editor’s Note: The following is an excerpt of “Satisfaction with TMS Software,” a research report that highlights results from a survey conducted with members of Indago’s supply chain research community and JBF Consulting’s customer community. You can read the rest of the report and download a copy at JBF Consulting’s website. The global transportation management.

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Körber Elevate 2024: Chart Your Course

Logistics Viewpoints

I am coming to you from the sunny confines of San Diego, CA where I am attending the 2024 Körber Elevate conference. This is my first time attending Körber Elevate, and it did not disappoint, with over 800 attendees, 60 thought provoking sessions, and lots of networking and learning opportunities. The theme this year was “Chart Your Course” which Richard Stewart, EVP Americas at Körber Supply Chain pointed out, is all about overcoming supply chain complexities and challenges.

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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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Understanding the Canadian Logistics Landscape with Dean Duffin

The Logistics of Logistics

Dean Duffin and Joe Lynch discuss understanding the Canadian logistics landscape. Dean is Co-founder and CEO of Linear Logistics , one of Canada’s fastest growing full-service third-party logistics companies. About Dean Duffin Growing up enjoying the small-town Alberta lifestyle, Dean excelled academically. He graduated high school with honors and pursued a Bachelor of Commerce degree at the University of Alberta, with a focus on international business and new venture creation.

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ToolsGroup Launches PromoAI, a Revolutionary New Retail Promotions Optimization Solution 

ToolsGroup

Retailers can now ensure higher profitability by maximizing the ROI from each in-season retail promotion through advanced AI optimization Boston, MA and London, UK — April 24, 2024 — ToolsGroup , a global leader in retail and supply chain planning and optimizationsoftware, today announced the launch of their PromoAI Solution, a new promotions optimization solution in the greater JustEnough retail planning and execution suite.

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What is on the Horizon for Supply Chain Management?

The Network Effect

The post What is on the Horizon for Supply Chain Management? appeared first on The Network Effect.

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What Georgia-Pacific Is Doing With Causal AI Is Remarkable

Logistics Viewpoints

Mike Carroll, a vice president at Georgia-Pacific, and Ron Norris, director of innovation at GP While Generative AI has sparked great excitement, a form of artificial intelligence called Causal AI might offer much greater potential. Causal AI offers the tantalizing promise of being able to unravel the intricate web of cause-and-effect relationships that govern business operations.

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The Supply Chain: A System in Crisis

SCM Research

I am pleased to announce that our new book, The Supply Chain: A System in Crisis , co-edited with Stefan Gold, is now available. It contains very insightful chapters by fantastic colleagues. Our book highlights the multifaceted challenges facing modern supply chains. It examines the concept of a globalized economy, juxtaposing the promise of prosperity with the acute reality of worker exploitation and environmental harm.

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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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How Transparent Should You Be With Your Supply Chain Network?

AIMMS

Consumers may be willing to pay 2% to 10% more for products from vendors that provide greater supply chain network transparency.

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Stop Food Waste Day 2024

Enterra Insights

An unimaginable amount of food is wasted every year. According to the staff at Recycle Track Systems (RTS), “The world wastes about 2.5 billion tons of food every year.”[1] Would it surprise you to learn that America is the world’s worst offender? The RTS staff reports, “The United States discards more food than any other country in the world: nearly 60 million tons — 120 billion pounds — every year.

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Yards Are Hard

Logistics Viewpoints

Managing yard and warehouse operations has long been one of the thornier aspects of transportation logistics. A recent conversation with a major distributor of consumer beverages encapsulated many of the most common issues. Yards are a choke point between transportation and warehousing — and wherever you have choke points, you have a higher risk of inefficiencies that drive up labor costs, detention fees and delivery commitments.

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Ask the Experts: What Are Some Common Misconceptions or Myths Surrounding Sustainability in Supply Chains?

John Galt

We asked experts in supply chain sustainability to share their views on common misconceptions or myths hindering progress. Read their thoughts!

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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How Businesses Can Cut Supply Chain Costs Without Jeopardizing Long-Term Growth

Supply Chain Brain

In a difficult economy, the most obvious action item on executive agendas is cutting cost. Yet businesses often fail to make good on that relatively straightforward objective.

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7 Ways AI Can Impact Your Supply Chain and Logistics Operations

Stord

It seems everywhere you look you see AI. There are 70,717 AI startups and counting. AI chatbots are everywhere. And there’s even AI in refrigerators. Love it or fear it, Artificial Intelligence appears to be the new normal in everything, including supply chain and logistics operations. In this post, Stord’s team of supply chain experts shares insights and predictions to help you prepare for AI’s impact on logistics and how high volume e-commerce, DTC and B2B brands can be prepared to capitalize

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Is Your Manufacturing Business Ready for ERP Solutions?

SYSPRO Smarter ERP

Orders are up, business is booming, and your manufacturing operation is expanding. The growth of your company is exciting, but expansion can present many new challenges. As your operation gets bigger, you will probably need to investigate potential upgrades for your systems. Some Signs that Your Accounting Program Needs an Upgrade include: You are still using many manual processes and Excel spreadsheets Your team is spending tons of time completing menial tasks in accounting Certain advanced fac

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Outside-in planning: a big elephant that needs a bite-size approach

Supply Chain Trend

“ There is only one way to eat an elephant: a bite at a time.” Desmond Tutu Outside-in thinking in theory Outside-in thinking makes sense. It has been suggested to include a market, customer, and competitor view in a strategy definition for more than 50 years. It is not new in strategy. It is not new in supply chain management either. Lee’s uncertainty framework (2002) shows how segment your supply chain in demand streams and how to define your supply chain response to that.

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Strategic Cost Management Approaches to Unlock Growth and Increase Profitability

How can businesses gain a competitive edge in an era marked by relentless competition and economic fluctuations? The secret is mastering strategic cost management strategies. This GEP bulletin, "Strategic Cost Management Approaches to Unlock Growth and Increase Profitability," breaks this down into clear, actionable steps. Discover how these strategies can boost your enterprise's financial health, helping not only to keep up but to excel in today's market.

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Watch: Inventory Planning in an Unknown World

Supply Chain Brain

Growing uncertainties in global supply chains necessitate a fresh approach to inventory strategy, says Warren Owen, vice president solutions consultants with Netstock.

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Unwrapped: What You’ll Take Away from the 2024 Gartner Supply Chain Symposium

Arkieva

Make the most of your time at the 2024 Gartner Supply Chain Symposium/Xpo in Orlando. Preview the can’t-miss speakers and supply chain planning topics. Unwrapped: What You’ll Take Away from the 2024 Gartner Supply Chain Symposium was first posted on April 23, 2024 at 8:52 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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Change Healthcare admits to paying ransom

IT Supply Chain

By Darren Williams (pictured) CEO & Founder, Blackfog The post Change Healthcare admits to paying ransom appeared first on IT Supply Chain.

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Happening Now: Tracking Maritime Cargo Trends

West Coast and California Logistics

Supply Chain Dive has developed a new cargo tracker on its website where users can track cargo activity at US ports and read the latest port-related articles. Recent additions to the page, for example, show that March cargo volumes increased 8% in Long Beach YOY and 19% in Los Angeles YOY.

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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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Irregular Operations

The Smart Software

This blog is about “irregular operations.” Smart Software is in the process of adapting our products to help you cope with your own irregular ops. This is a preview. The post Irregular Operations appeared first on Smart Software.

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Watch: Challenges in Today’s Supply Chains — and How Technology Can Help

Supply Chain Brain

Technology, including AI, offers help with almost all challenges in today's supply chains. But it's important to separate hype from reality, says Amin Sikander, president of Synkrato.

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What Does Foreign-Trade Zone (FTZ) Software Do?

QAD

An Introduction to How FTZ Software is Changing FTZ Management for the Better Foreign-Trade Zone (FTZ) management has a reputation for being complex, especially regarding inventory management. US Customs and Border Protection (CBP) requires precise inventory recordkeeping and control. Companies operating in an FTZ must track all inventory entering and exiting the zone.

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Electronics Kitting and Assembly with 3PL Solutions

ModusLink Corporation

Engineer is Holding New HDD Hard Drive. Electronics Kitting and Assembly with 3PL Solutions. Introduction: In today’s interconnected world, businesses are seeking agile and cost-effective strategies to meet the demands of an ever-evolving market. By harnessing the capabilities of a global 3PL partner, companies can unlock new possibilities for efficiency, scalability, and innovation in their electronics assembly processes.

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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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Stord Appoints Logistics Leader Scott Dorfman as a Board Director

Stord

ATLANTA, April 23, 2024 — Stord , a leader in high-volume fulfillment services and supply chain technology for omnichannel mid-market and enterprise brands, today announces that Scott Dorfman has joined the company’s Board of Directors. Scott has an extensive background in building and leading e-commerce and fulfillment platforms. Scott served as the Founder and former Chairman/CEO of Innotrac Corporation (NASDAQ: INOC), which was a full-service provider of e-commerce fulfillment, technology, an

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Navigating Uncharted Skies: The Path to UAM Commercialization

Arena Solutions

Today, innovators like Airbus, Volocopter GmbH, and Urban Aeronautics are making headlines with their unveiling of unmanned aerial vehicles (UAVs) and vertical take-off and landing vehicles (VTOLs). Although still in its infancy, the global urban air mobility (UAM) market is projected to reach $23.42 billion (USD) in revenue and achieve a 16.7% compound annual growth rate (CAGR) by 2032 1.

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Why Planning Isn’t Enough to Achieve True Operational Excellence

Supply Chain Brain

As we’ve seen over the last few years, planning and forecasting alone haven’t been enough to deal with the delays and shortages rippling through global supply chains.