Found in 247 News & Content,
with a score of 2.12
…a crucial player in the global semiconductor industry. More Supply Chain News Indiana Tests Futuristic Highway that Can Charge EVs While Driving USPS Sees Increase in Revenue but Overall Net Loss in Q2 Shipping Dispute Heats Up: Peloton vs. Flexport Williams-Sonoma Hit with Record Fine For Misleading Customers “Today's announcement is a massive win for Canada and our dynamic tech sector. It will create high-paying jobs, invest in innovation, strengthen supply chains, and help make sure the most advanced technologies are Canadian-made. Semiconductors power the world, and we're putting Canada at the forefront of that opportunity,” said Justin Trudeau, Prime…
Found in 247 News & Content,
with a score of 1.98
…one-fifth of carbon emissions, and on average, a company’s supply chain emissions are over 11 times higher than its own operational emissions. This means that sustainable manufacturing is no longer just a buzzword; it's a necessity for safeguarding the planet, as well as ensuring long-term business success. Consumers, investors, and regulatory bodies are increasingly demanding environmentally responsible practices, prompting manufacturers to rethink their strategies. Although decarbonising the manufacturing industry and pushing for more sustainable supply chains may hold the key to a much greener future, it can be overwhelming and difficult to know where to begin. To get you started,…
Found in 247 News & Content,
with a score of 2.09
Untangling Quantum Entanglement in the Supply Chain & Logistics In Erwin Schrödinger’s famous thought experiment, a cat is trapped in a box with a bit of poison the release of which is controlled by a quantum process. The cat, therefore, exists in a quantum state of being both dead and alive until somebody opens the box and finds the cat either dead or alive. The perplexing phenomenon of quantum entanglement is central to quantum computing, quantum networking, and the fabric of space and time. The famous “Jim twins,” separated soon after birth in the 1940s, seemed to live parallel lives…
Found in 247 News & Content,
with a score of 1.66
…a challenging period, which included COVID-19 and dealing with supply chain disruptions. We wish him all the best.” Mr. Anderson added, “I am honored to take on the role of Interim CEO and am committed to ensuring this will be a seamless transition for all C.H. Robinson stakeholders. Now is the right time for C.H. Robinson to accelerate our strategic initiatives and the Board is focused on identifying a CEO successor who can execute the opportunities ahead for Robinson. I look forward to working closely with our talented employees to continue to improve our customer and carrier experience, and scale…
Found in 247 News & Content,
with a score of 3.15
Verusen Unveils 2022 State of the Supply Chain Research Findings It has been an incredibly trying year for manufacturers operating complex and global supply chains as a combination of factors has hindered the smooth functioning of their businesses. Eighty percent of supply chain executives polled in a recent survey revealed they cannot digitally track the movement of direct and indirect materials across their enterprise network. This is one of the eye-opening findings from the just-released 2022 State of Supply Chain Management report from supply chain innovator Verusen, a global leader in materials intelligence. Verusen’s annual survey explores supply chain professionals'…
Found in 247 News & Content,
with a score of 1.14
…its on-time full rate by 15 percent with MPO’s Supply Chain Visibility platform. Supply Chain Visibility Overview Lack of supply chain visibility, transportation delays, material shortages, pandemic-related restrictions, and inflation fuel the adoption of supply chain technology, specifically Control Tower solutions. Organizations lacking Control Tower functionality often encounter bottlenecks caused by disparate communication networks, placing organizations in a constant state of catch-up that makes it difficult to balance supply and demand across industries. Nucleus found that companies benefit from adopting Control Tower technology by consolidating internal data and partner information from multiple tiers to create a single data layer for…
Found in 247 News & Content,
with a score of 1.30
…needed to succeed in his or her profession. Within supply chain, certifications are often viewed as a route to higher salary levels, better job advancement opportunities and a way to edge out the competition in the workforce. Executive Education Some of the more popular acronyms you’ll see following a supply chain professional’s title include the Certified Supply Chain Professional (CSCP) from the Association for Supply Chain Management (ASCM), the Certified Professional in Supply Management (CPSM) awarded by the Institute for Supply Management (ISM) and SCPro Certification from the Council of Supply Chain Management Professionals (CSCMP). And while these tend to…
Found in 247 News & Content,
with a score of 1.21
Understanding Control Towers and their Capabilities In short: A supply chain control tower is created by combining people, processes, data, organization, and technology to improve visibility, control, and decision-making. Don’t look at a control tower as a stand-alone supply chain management (SCM) application, but rather as an integrated capability embedded in a broader SCM suite or tool. It can serve specific use cases along supply chain functional domains. Leverage the control tower as an analytics-driven, decision-support tool; don’t just conceive it as an extensive visual dashboard. There is a lot of confusion in the market about what a control tower…
Found in 247 News & Content,
with a score of 2.30
…be sold because they missed their selling season. As supply chains became more volatile and uncertain, companies ordered more of everything “just to be sure.” This practice is a variation of the consumer hoarding habits that became evident during the height of the pandemic. As a result, when deliveries arrived, inventories ballooned. Consumers changed their preferences. In the face of rising inflation and the fear of a coming recession, consumers started buying less branded products and focused on value instead. Since this shift was unexpected at the time orders were placed, it landed companies with the wrong inventory. Some of…
Found in 247 News & Content,
with a score of 2.06
…Barbara Melvin oversees the SCPA's terminal operations, carrier sales, information technology and support services, intermodal, inland ports, crane and equipment maintenance, engineering, environmental, Port Police, procurement, the logistics solution center, and cruise operations. Ms. Melvin also serves as the SCPA’s lead staff person on the Charleston Harbor Post 45 Project. On July 1, 2022, Ms. Melvin will become president and CEO of South Carolina Ports. Melvin will be the sixth leader in the history of the port and the first woman to lead a top 10 U.S. operating container port. During her 20-plus years with SCPA, Ms. Melvin has held…
Found in 247 News & Content,
with a score of 1.73
Control Tower Technology Supply chain management has become increasingly complex and involves more coordination among network partners. Control tower technology was introduced to provide greater visibility and more efficient collaboration within the evolving ecosystem. Over time, the technology has adapted from a narrow solution that spanned transportation management to a more comprehensive and holistic capability to fit the growing demand for wider system integration, efficiency, intelligence, and speed. Here are a few of the most exciting and critical supply chain control tower trends in 2022 that help build flexibility, agility, and resilience. 5 Features of a Successful Supply Chain Control…
Found in 247 News & Content,
with a score of 1.94
…then challenged to organize services and maintain accurate shipping information for each delivery. [Watch the Video to the right] Parcel Shipping via ProShip: What is Rate Shopping? ProShip offers 3 types of Parcel Rate Shopping: 1. BASIC RATE SHOPPING Basic rate shopping is the simplest form of this service, providing the best shipping options while considering total cost and applicable service selection. 2. TIME-IN-TRANSIT RATE SHOPPING Includes total cost but also filters by business days that the package would be in transit. 3. ADVANCED DATE SHOPPING This algorithm includes 9 data sets to maximize the ability for your shipment to…
Found in 247 News & Content,
with a score of 3.20
…new book, A Shot in the Arm — How Science, Engineering, and Supply Chains Converged to Vaccinate the World (MIT CTL Media), the key is improving the “knowledge supply chain” through education and unbiased information. Blueprints for Crisis Management We are awash with stories about the dark side of the pandemic. But there are uplifting stories too, especially the one about the development and distribution of the Covid-19 vaccine. In A Shot in the Arm, I tell the tale of how bold innovation, risk-taking, and interdisciplinary teamwork produced revolutionary vaccines and delivered them to the world. It’s an inspiring journey…
Found in 247 News & Content,
with a score of 2.41
Time to Modernize Supply Chain Design In light of the dramatic changes that supply chains have undergone over the last 20 years, companies need new, innovative approaches to supply chain design that shifts the focus from cost-minimization toward value creation. And the design process must mature to capture the complexity, volatility, and uncertainty of the competitive environment in which modern supply chains operate. These challenges can be met with the support of advanced methods that combine the power of analytical models with the implicit knowledge of expert human decision makers. The new approach improves decision-making transparency, enriches design solutions, and…
Found in 247 News & Content,
with a score of 1.46
Everstream Analytics New CEO Everstream Analytics, the leading end-to-end supply chain risk analytics company, announced that Julie Gerdeman (pictured above) has joined the company as CEO as the company enters a phase of accelerated growth. Gerdeman brings to Everstream Analytics significant expertise in leading go-to-market strategies scaling SaaS businesses. She has a demonstrated track record in digital transformation, new market expansion, channel and partner collaboration, and creating operational efficiency. Most recently as CEO of HealthPay24, Gerdeman led the launch of a new SaaS platform and built a partner-enabled go-to-market strategy that captured new verticals, fueled revenue growth, and doubled the…