Fri.Oct 20, 2023

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Just in Time vs Just in Case: Which Strategy Is Right for You?

Cyzerg

Are you struggling to find the right inventory strategy for your business? Well, look no further. In this article, we will explore and compare two popular inventory management strategies: Just in Time (JIT) and Just in Case (JIC). Both strategies have pros and cons, and choosing the right one will depend on various factors, such as the nature of your business, market conditions, and customer demand patterns.

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Above the Fold: Supply Chain Logistics News (October 20, 2023)

Talking Logistics

If you had a time machine, would you travel to the past or the future? I go back and forth on this question. At the moment, I would travel to the past. How far? Certainly back to before social media was created. Or maybe back to before nuclear weapons existed? I’m not sure if it’s. Read more The post Above the Fold: Supply Chain Logistics News (October 20, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

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SoCalGas Helping Courier Fleet to Deploy 15 Hydrogen-Powered Vans

NGT News

Southern California Gas Co. (SoCalGas) and the Center for Transportation and the Environment (CTE) have deployed the first of a planned 15 hydrogen fuel cell electric vehicle (FCEV) medium-duty delivery vans, as part of their effort to replace diesel-powered vehicles. A leading courier service is driving these hydrogen FCEV vans to facilitate package deliveries in […] The post SoCalGas Helping Courier Fleet to Deploy 15 Hydrogen-Powered Vans appeared first on NGT News.

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The EU ETS to Begin Including Shipping in 2024: Implications and Overview

MTS Logistics

The significant increase in carbon dioxide (CO2) emissions over the past century is evidently one of the leading causes of global warming and climate change. In response to the global environmental crisis, in December 1997, the United Nations Framework Convention on Climate Change (UNFCCC) implemented a treaty called the Kyoto Protocol. Two main goals of the Kyoto Protocol were to reduce greenhouse gas emissions and promote sustainability, while also aiming to provide support and provisions for

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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

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Akeneo Launches Supplier Data Manager Offering

Supply Chain Brain

The tool allows suppliers to upload their files to the Akeneo PIM platform or fill out a template that can be downloaded, filled out and re-uploaded to the PIM platform.

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Top 5 Last-mile Delivery Software for 2023

Loginext

The growing demand for online delivery has helped the last mile delivery business grow exponentially. Compare and choose the best last mile delivery software for your organization. The post Top 5 Last-mile Delivery Software for 2023 appeared first on loginextsolutions.com.

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Hexagon, Compass Natural Gas Focused on Safety of CNG Cylinders

NGT News

Hexagon Digital Wave, a business of Hexagon Composites, has entered into a strategic partnership with Compass Natural Gas, a provider of compressed natural gas (CNG) delivery, to perform modal acoustic emission (MAE) requalification of composite Type 4 cylinders used in mobile pipeline trailers in the northeast U.S. This agreement expands the footprint and further strengthens […] The post Hexagon, Compass Natural Gas Focused on Safety of CNG Cylinders appeared first on NGT News.

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China to Limit Exports of Graphite to Protect National Security

Supply Chain Brain

Under the rule, which will be enforced starting December 1, exporters will have to apply for permits to ship two different types of graphite.

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Irish Private Business of the Year Award

Logistics Business Magazine

At the distinguished Irish Exporters Association Awards 2023 in the Convention Centre, Dublin, Moffett Automated Storage shone as a symbol of outstanding achievement, securing the esteemed honour of being named Irish Private Business of the Year. This not only acknowledges their remarkable impact in the realm of automated storage solutions but also highlights their crucial position in Ireland’s flourishing export industry.

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Artificial Intelligence and the Transportation Industry

Artificial intelligence has quickly become a feature of everyday life: Using face ID to unlock a phone, communicating with online chatbots, and letting “smart” appliances help manage our homes are just a few of the ways that we interact with AI regularly. Forward-looking businesses are also using AI to transform their operations and gain a competitive edge.

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Lynas Rare Earths Pauses Malaysian Operations for Upgrades

Supply Chain Brain

Most operations at the Malaysian refinery will be shuttered for the next two months while Lynas gets ready to ramp up its downstream operations.

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UPS Opens 3 new DCs in Puglia

Logistics Business Magazine

UPS has announced the opening of three new Italian logistics centres in the provinces of Bari, Taranto and Lecce, representing 10,000 m2 to support SMEs and Made in Italy exports in the south of the country. UPS’s announcement is part of its strategy to strengthen its network to give local businesses greater access to the most profitable export markets, not only in Europe and the United States, but also in emerging economies in Asia.

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Ninth Annual Penske Pink Out Drives Breast Cancer Awareness

Penske Move Ahead

Penske associates across the organization will join today for Penske Pink Out – an associate-led breast cancer awareness event now in its ninth year. Associates will wear pink T-shirts, polos, wristbands, socks and hats, and host fundraisers and breast cancer awareness activities during this year's event. Maggie Seaman, National Account Manager - Northeast Region, whose mother passed away in 2017 from breast cancer, created Penske Pink Out to promote breast cancer education and to provide suppor

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This Week in Logistics News (October 14 – 20)

Logistics Viewpoints

As the saying goes, an apple a day keeps the doctor away. Or is it an Apple Watch keeps the doctor away? While the smartwatch has been able to track your steps and activities over the years, Apple’s Time in Daylight feature uses the watch’s ambient light sensor, as well as its GPS and motion sensors, to detect whether a person is outside. While this may seem like a completely useless function of the Apple Watch, daylight exposure has been shown to boost alertness, mood, and the body’s production

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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.