Thu.Mar 30, 2023

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The Future of EDI for Supply Chains

Let's Talk Supply Chain

Electronic Data Interchange (EDI) was introduced in the 1960’s to allow businesses to communicate key business transactions such as purchase orders, advanced shipping notices, and invoices electronically instead of via paper providing fewer errors and more efficiencies. The concept was and still is great, it’s the execution that has failed.

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The Pros and Cons of ‘Friend-Shoring’ Production

Supply Chain Brain

The multiple crises of the past few years are causing American businesses to consider “friend-shoring,” or the placement of manufacturing in countries with shared values.

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Fashion makes ‘extremely disappointing’ progress on climate

Supply Chain Dive

An environmental group’s index found most companies lag in efforts to reduce emissions, particularly in areas like materials and shipping.

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Sean Wallingford settles in as president & CEO of Swisslog Americas

SCMR (Supply Chain Management Review)

Sean Wallingford, the new president & CEO of Swisslog Americas, believes the region is poised for growth as it looks to accelerate technological solutions.

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Rethinking Supply Chains for Greater Efficiency, Resiliency, and Sustainability

Supply Chains have 3 key priorities: building resiliency, reducing costs and driving ESG performance. Read the new GEP-sponsored report by Harvard Business Review Analytic Services for strategies and digital solutions to achieve these goals.

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The future of order management solutions: freedom of choice and flexibility

IBM Supply Chain Blog

In the wake of the pandemic and global supply chain issues, businesses have realized the importance of technology innovation to deliver truly superior retail customer experiences. But without real-time reliable views of inventory, shipments and automated order orchestration processes, retailers are unable to deliver on order promises. Businesses need robust order management solutions (OMS) that can drive customer satisfaction, increase fulfillment profitability and support new digital and in-per

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Focusing Beyond Cost in Procurement

Una

Pain Points in Procurement Series Focusing Beyond Cost in Procurement to Drive Value Practitioners who are focusing beyond cost in procurement are shifting stakeholder mindsets about the value the function can bring to the organization. By Hugo Britt | March 30, 2023 Search Welcome to Una’s Pain Points in Procurement series. Each week, the Una team will explore one of ten common pain points impacting procurement today, and put forth actionable solutions to each of these challenges.

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Report: Global 3PL Market Has Almost Doubled Since 2016

Supply Chain Brain

The global third-party logistics (3PL) market reached $1.47 trillion in 2022, according to Armstrong & Associates, Inc. (A&A), an increase of 14.5% over 2021 revenues.

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A conversation with Jim Hoefflin

SCMR (Supply Chain Management Review)

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How Starlink's Innovative Mesh Network Principles Can Revolutionize the Logistics Industry

Supply Chain Brain

Mesh networks can handle fluctuations in supply and demand, optimize routes, and create transparency and accountability in the supply chain, increasing efficiency, reducing costs, and improving customer satisfaction.

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Blue Nile to lay off 119 workers, close Seattle fulfillment center

Supply Chain Dive

The company will centralize services in New York City, where some employees could also relocate.

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Geopolitical & Regulatory Issues: The Path Forward in Supply Chain & Logistics

Speaker: Lisa Anderson, MBA, CSCP, CLTD - President of LMA Consulting Group, S&OP Expert, and Speaker

The world of supply chain and logistics has been plagued with volatility, disruptions, and increased regulations. Several issues are converging simultaneously, creating a precarious path forward. In this webinar, we will talk about the current status of the supply chain and what the successful and unsuccessful paths forward will look like. Join demand planning and SIOP expert Lisa Anderson for a riveting discussion evaluating the geopolitical landscape and looking at the bigger picture to create

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Southwest Says Extreme Weather Is a Growing Concern for Airlines

Supply Chain Brain

The carrier is changing the way it forecasts and responds to severe storms as part of a series of reforms to prevent a repeat of the late December 2022 disruptions.

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Case Study: Huber+Suhner

Skill Dynamics

Huber+Suhner, a global company, headquartered in Switzerland, develop and manufactures components and system solutions for electrical and optical connectivity enhancing their customers communication. The challenge With such a vital product at stake, they needed to ensure their ambitious and dedicated procurement teams were equipped with the right training to ensure they can deliver everything needed to get their cutting-edge technologies into their customers hands.

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U.S. Department of Justice Sues Norfolk Southern Over Ohio Train Derailment

Supply Chain Brain

Meanwhile, it emerged that a team of government officials became sick while investigating the health effects of the toxic train derailment, when they visited the Ohio site earlier this month.

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How to Improve Any Workflow – 10 Common Problems Solved

Pipefy

Workflows are the foundation of any business. When they don’t operate efficiently, the business won’t be able to meet its goals. Time gets wasted on repetitive tasks, handoffs break down and cause delays, and the results often lack quality or consistency. Inefficient workflows also cause problems for employees and customers, who may get frustrated by poor user experiences or lack of timely, organized follow up.

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Future Focus: Constructing Unshakeable Stability in Your Manufacturing Supply Chain

Speaker: Jay Black, Senior Account Executive

We’ve all heard the buzzwords to describe new supply chain trends: resiliency, sustainability, AI, machine learning. But what do these really mean today? Over the past few years, manufacturing has had to adapt to and overcome a wide variety of supply chain trends and disruptions to stay as stable as possible. Stability has become key in this post-COVID world, and will remain key moving forward.

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Watch: Why a 4PL Over a 3PL?

Supply Chain Brain

4PLs and 3PLs are not mutually exclusive, says Eric Rempel, chief innovation officer at Redwood Logistics. But 4PLs do have other capabilities that logistics managers might want to tap.

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[Pod] Procurement 6 – March 31st, 2023

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post [Pod] Procurement 6 – March 31st, 2023 appeared first on Art of Procurement.

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Is Parcel Consulting Dead?

Supply Chain Brain

In an e-commerce age when it is more important than ever to optimize parcel shipping operations, the question is clear: Is it possible to cut expensive consulting engagements that provide carrier contract analysis and negotiation services?

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Pick & Pack And How To Improve Your Warehouse Processes

Finale Inventory

Making the pick and pack process more efficient is possible with these tips from Red Stag Fulfillment. Image by rawpixel on Freepik. Getting your pick-and-pack process right is essential to efficient e-commerce order fulfillment and customer satisfaction. Picking and packing involves four steps – order receiving, order picking, order packing, and order shipping.

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Return to Success: Streamlining Returns in the Supply Chain for Enhanced Efficiency

Speaker: Cathy Morrow Roberson, Research Manager for the Reverse Logistics Association

In today's competitive business landscape, providing a seamless return experience and maintaining an efficient supply chain are critical to customer satisfaction and loyalty. Businesses need to leverage advanced tracking systems and data analytics to identify bottlenecks and improve supply chain visibility. Efficient return management stands as a crucial strategy for optimizing the supply chain.

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[Pod] Facilitating Differentiated Decision Making | Part 4: Crossing the Data to Action Gap w/ Sammeli Sammalkorpi

Art of Procurement

In this four-part special series, host Philip Ideson speaks with members of the Sievo team. In each episode, we discover. The post [Pod] Facilitating Differentiated Decision Making | Part 4: Crossing the Data to Action Gap w/ Sammeli Sammalkorpi appeared first on Art of Procurement.

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The Rebound Podcast: The roadmap to future-ready your workforce.

SCMR (Supply Chain Management Review)

Digitalizing the business is only step one in a digital transformation. The next step is upskilling the workforce for the digital supply chain.

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[Pod] Data and Derailment in East Palestine, OH

Art of Procurement

On February 3rd 2023, a Norfolk Southern train derailed in East Palestine, Ohio. 38 cars derailed, 11 of which contained. The post [Pod] Data and Derailment in East Palestine, OH appeared first on Art of Procurement.

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Navigating a Volatile Environment - A Software Approach to Warehouse Performance Improvements

Supply Chain Brain

This session will highlight the unique benefits of utilizing optimization software to improve efficiency and attract and retain the next generation of warehouse workers.

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Putting the ‘Tech’ in Spend Management Techniques

Speaker: Wayne Spivak, President and CFO of SBA * Consulting Ltd., Industry Writer, Public Speaker

If you’re lost in the world of spend management needs and your GAP analysis is lacking perspective on the future state of your business performance, listen up! With the advancement of technology, the implementation of spend management best practices and concrete GAP analyses is more streamlined and accessible than ever before. And while this may sound like great news for you and your clients, it won’t be worthwhile unless you have the latest techniques to back up your ambitions!

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NRF forecasts 2023 retail sales to grow 4-6%

SCMR (Supply Chain Management Review)

That’s higher than the pre-pandemic average annual growth rate of 3.6%.

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Robots Speed Fulfillment to Help Apparel Company Scale for Growth

Supply Chain Brain

Challenge: A fast-growing D2C medical apparel company experienced significant growth in ecommerce order volume as well as dramatic spikes due to promotional activity.

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How Segmentation Drives Use Cases for Supplier Marketing

HICX

Supplier Segmentation: One Size Does Not Fit All As Dr Epstein points out, “The way in which we work with our suppliers has to change.” Never has this statement been more true or more urgent. As the recent HICX Suppliers’ Perspective Survey revealed, 61% of suppliers said that they find it challenging to do their best work for their most important customer – and, if nothing changes, this number can only go up.

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Tesla Pursues Building a New U.S. Plant With China’s Dominant Battery Maker

Supply Chain Brain

The auto industry has been lobbying to influence how the U.S. Treasury Department will interpret requirements in President Joe Biden’s signature climate package.

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Disruption Reimagined: How to Conquer, Not Crumble, During Supply Chain Instability

Speaker: Robyn O’Brien - Founder of Sirona Ventures, Adjunct Professor at Rice University’s Business School, Supply Chain Optimization and Logistics Expert

Today’s supply chain leaders are required to stay strong in the face of disruption and not only accept it, but embrace it – after all, progress is made outside of your comfort zone. While it’s easier said than done, conquering the fear of instability in your supply chain is within your reach. Thanks to the advancement of technology and AI, we now have more tools and resources at our disposal than ever before to conquer, not crumble, in the face of uncertainty.

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How to Segment Suppliers for Supplier Marketing

HICX

Supplier segmentation definition Let’s once again start with a marketing definition, this time in relation to segmentation. Investopedia offers the following description: “ Market segmentation is a marketing term that refers to aggregating prospective buyers into groups or segments with common needs and who respond similarly to a marketing action.”1 Anthony Payne , CMO HICX, comments, “As a marketer I love questions about segmentation – it’s essentially page one of the ‘marketing textbook.

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Podcast | The Sharpest Image: Smart Glasses in the Warehouse

Supply Chain Brain

Smart glasses have been slow to catch on with consumers, even among the earliest adopters of technology. Not so in the warehouse.

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Why Supplier Marketing Will Be Key to Supplier Experience Management

HICX

What is supplier marketing? To define what we mean by ‘supplier marketing,’ we should start by thinking about well-established practices in the modern world of marketing. Philip Kotler is widely known as the Father of Modern Marketing. His book, Marketing Management , is now in its 14 edition and he has authored or co-authored over 70 books on the topic.

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Japan Plans to Restrict Some Equipment Exports

Supply Chain Brain

Japanese trade minister Yasutoshi Nishimura told reporters that the move was not coordinated with U.S. restrictions.

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Striking a Balance in the Supply Chain: Navigating Volatile Supply and Demand to Meet Customer Needs

Speaker: Tony Darnell, Shipping Manager at Lippert Components

In a new era of supply constraints and volatile demand, businesses face challenges managing supply and changing customer demands. To make smart allocations, they need to visualize inventory across multiple warehouses and cater to different customer needs.