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During his tenure in the industry, he built innovative pricing and forecasting models, leveraging internal and external data sources to improve internal decision-making and increase profitability. He leads a team of market experts who study every facet of the logistics industry to bring the best available insight to customers.
Companies use risk management software , like the Interos solution, to monitor and analyze supplier risk events in real time. These are big data platforms that monitor news sources and assorted databases from governments, financial institutions, ESG NGOs, and other sources to detect when an adverse event has occurred or may be about to occur.
Global supply chains have been tested repeatedly by a series of disruptive events, including the COVID-19 pandemic, U.S.-China In response, many organizations have shifted toward decentralized and regionalized supply chain models, distributing production and sourcing across multiple regions.
Kaizen Events. Kaizen events (or whatever we want to call the traditional week-long activity): Can be a useful tool when used in the context of an overall plan. Our operating system) is, by our own model, the “Operational Excellence” pillar of (our business system). Kaizen tools included. Every tool, technique, etc.
Speaker: Dr. Ken Fordyce, Solutions Director, Supply Chain and Advanced Analytics at Arkieva
Risk management is defined as anticipating and responding to an event not yet part of the plan of record that requires a significant adjustment in your demand-supply network (DSN). Creating a successful plan demands a thoughtful combination of data science and computational models to anticipate structural weak points.
Curtis is hosting the industry’s first live LTL Mastermind Event, November 9 th and 10 th in High Point, North Carolina. About Understand LTL The Understand LTL education brand is a new initiative that is focused on simplifying the LTL industry and helping people to build the mental models in their mind to think about LTL clearly.
Thad is CEO at Austin-based Talroo , a data-driven job and hiring event advertising platform that helps businesses reach the candidates they need to build their essential workforce. Talroo is a data-driven job and hiring event advertising platform that helps businesses reach the candidates they need to build their essential workforce.
on April 16 unveiled its updated hydrogen fuel cell and battery electric Class 8 models for the North American and European markets. During an evening event in Scottsdale, AZ, CEO Trevor Milton said the Nikola Two will be read Nikola Motor Co.
Similarly, they often operate what is essentially a one-size-fits-all supply chain model that fails to take into account, or even provide visibility of, the costs involved in delivering a variety of products and product variants. However, they can struggle to adjust to new challenges and volatile demand fluctuations.
Executives at Blue Yonder refer to this as a “cliff event.” To avoid a cliff event, Blue Yonder has proceeded by turning its supply chain applications into applications that are part traditional software code and part microservices. Microservices also open new sales opportunities.
Small and medium shippers often utilize Excel spreadsheets and mass emails for their freight request for pricing (RFP) events. As a result of the clunky, antiquated, time-consuming, soul-crushing procurement process, shippers usually only do one RRP or procurement event per year. Emerge is hiring: Emerge Careers.
Emerge is freight procurement platform that many shippers are connecting to their TMS because most transportation management systems are not built to manage RFP events. Emerge is custom built for freight RFP events and as a result the process is streamlined, easy, and saves shippers time and money. Emerge is FREE for shippers.
It allows operations to remain competitive even in unpredictable market conditions and supports a variety of business models and client needs. This approach protects the investment while enabling warehouses to adapt to shifting market trends and business models. Moreover, flexibility enables geographic expansion.
The following Google Cloud solutions were discussed: Supply chain twin is a digital representation of a company’s supply chain with end-to-end visibility, alert-driven event management, analytics, and collaboration across teams. Document.ai
Recent disruptions have exposed significant vulnerabilities in traditional models, driven by geopolitical instability, fluctuating demand, and operational inefficiencies. Just-in-time (JIT) inventory models, lean supplier networks, and offshore manufacturing reduced expenses but left companies exposed to disruptions.
Organizations examine past sales trends, apply seasonal adjustments, and make forecasts based on historical models. When unexpected disruptions occura factory shutdown, a shipping delay, or a supply shortagethese models provide little flexibility. This reduces excess inventory while maintaining service levels.
Datacenter Hardware: The demand for powerful computing to train ever larger and more accurate AI models is insatiable. AWS has custom AI chips Trainium and Inferentia , for training and running large AI models. Key announcements from the event include: Introduction of ChatGPT Pro : This broadened the usage of frontier AI.
hosted Girl Scout Troops 21202 and 20454 to participate in a Women in Trucking Girl Scout Event at their office. After the badge contest, the troops built 3D models of Semi Trucks, with some fun results. View original article Interested in hosting a Girl Scout event? Pohl Transportation, Inc. our repair facilities.
Dr. Versace has spoken at numerous events, including a keynote at Mobile World Congress Drone Summit, TEDx, NASA, the Pentagon, MIT Tech Review’s Future Compute and IMA Sensing Days. His work has been featured in Forbes, CNN, Fortune, MSNBC, the Associated Press, TechCrunch, VentureBeat, and more.
Amul’s model supports small producers by integrating large-scale economics, cutting out intermediaries, and connecting producers directly with consumers. Amul’s supply chain model is a well-structured and decentralized cooperative framework that focuses on efficiency and farmer welfare.
But in today’s world of pandemics, geopolitical shocks, and extreme weather events, efficiency alone is a fragile strategy. Step 3: Build Redundancy & Flexibility (Sheffis Resilience Model) Resilience is built on three fundamental pillars: Redundancy, Flexibility, and a Resilience Culture.
Three months into 2025, we have seen a barrage of on-again, off-again tariffs that have supply chain and logistics teams reeling, as they must rethink everything from next weeks shipping route to their foundational network models. The Ukraine-Russia conflict is ongoing. Tensions flare in the Middle East without warning. billion to $23.07
Emerge’s RFP technology platform is part of the new generation of freight technologies and Brad points out that shippers can use the system for free – and creating an RFP event takes hours, not weeks or months. Emerge is custom built for freight RFP events and as a result the process is streamlined, easy, and saves shippers time and money.
Emerge is custom built for freight RFP events and as a result the process is streamlined, easy, and saves shippers time and money. Emerge uses a network model, which becomes increasingly valuable to users (carriers and shippers) as it scales. The Emerge platform provides carriers access to more shippers and more opportunities.
There are many different models that ensure success in any company, but for the purposes of simplicity, we have chosen one model: the 4 Ps of logistics (product, price, promotion, and place). Without it, there is no need for the 4Ps model. A fifth P for “people” is sometimes suggested as an add-on.
One of the key approaches to simulating warehouse operations is based on employing discrete event simulation (DES) techniques and tools. DES allows the modeling of complex warehouse operations at various levels of detail. Typically, modeling is done by highly trained engineers with an industrial engineering background.
laid out a road map to build a $25,000 car by 2023 and eventually 20 million cars a year, part of the company’s first-ever and highly anticipated “Battery Day” event.
With extensive connectivity across multi-tier supplier networks, stringent authentication, encryption, and zero-trust models are crucial for secure data sharing and mitigating vulnerabilities. The NMFTA Cybersecurity Conference , happening October 27-29, 2024, is the premier event for trucking and supply chain cybersecurity professionals.
Similarly, they often operate what is essentially a one-size-fits-all supply chain model that fails to take into account, or even provide visibility of, the costs involved in delivering a variety of products and product variants. As highlighted by the pandemic, they can struggle to adjust to new challenges and volatile demand fluctuations.
Emerge is custom built for freight RFP events and as a result the process is streamlined, easy, and saves shippers time and money. Emerge uses a network model, which becomes increasingly valuable to users (carriers and shippers) as it scales. The Emerge platform provides carriers access to more shippers and more opportunities.
The quarter was particularly impressive given, as you know, we were, a victim of a cyber ransomware event. Mr. Angove explained it this way, there’s power in having one unified data model with a knowledge graph and semantic understanding on it. When that occurs, the deal sizes grow. Deal size almost doubled year over year.
Dematic invites food retail professionals and experts to its upcoming hybrid event, “What’s in Store for Europe’s Food Retail” on Thursday, 26 October at Dematic UK headquarters in Adderbury (90 minutes from London). The event kicks off with a look at current trends and where food retail is heading.
Digital twins are emerging as digital transformation accelerators for supply chain and logistics organizations seeking enterprise-level visibility, real-time scenario modeling, and operational agility under disruption. These are not static dashboards or simple visualizationstheyre living, data-rich models of real-world operations.
A narrow definition of MES is that it serves as a work orderdriven, work-in-progress tracking system that captures information from the production floor and manages and monitors production events and reporting. It tracks operations from order release, to manufacturing, to finished goods.
The resilience of your supply chain is determined by its structure and operations, whether we’re dealing with major immediate events like a pandemic or gradual systemic changes to your business environment over time. Effective modelling can have a significant impact on your supply chains resilience.
Instead of relying solely on a single, monolithic AI model (based on a massive large language model), a company can orchestrate a team of specialized agents, each leveraging the best AI or mathematical technique for its specific task. One event could create so much churn, Mr. Al Syed explained. Data governance is critical.
However, unexpected events do happen. This solution goes beyond a statistical baseline forecast to an improved forecast model capable based on including other forms of data and using other algorithms.Like many, CONA and its bottlers are looking for the right use cases. Should it be used to forecast a group of materials?
Whether it’s the seasonal spikes or sudden increases due to events, being able to predict and adjust to these fluctuations is key. Grasping Demand Dynamics In food and beverage shipping, demand can vary significantly based on factors like seasons and events.
Peterbilt last week officially launched its new Model 589 at a customer, dealer and media event that, fittingly, included a Pride & Class truck show with 200-plus entrants in Texas, showcasing scads of custom 389, 379 and 359 trucks in the 589's ancestry.
Coastal Waste & Recycling has taken delivery of its first battery electric refuse vehicle, the Mack LR Electric model. Mack executives handed over the vehicle during an e-mobility event in Pompano Beach, Florida, attended by Mack, Volvo Construction Equipment, Nextran Truck Centers and local officials.
It should be easy to connect to new data sources as the need arises, such as ESG or SNEW (social, news, events, weather) data. Public Sector : Government agencies are engaged with supply chains from multiple perspectives.
Event-driven IBP – technological capabilities to monitor internal and external events (Supply Chain Control Tower) in real time. Contextualize and quantify event impact and be able to trigger re-plan in an integrated supply chain planning solution to create an executable and feasible plan.
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