Thank you Susie Bodnar, EDGE Chair, and, Director of Operations and Client Srategy at FourKites for this special message about EDGE 2019. CSCMP’s EDGE is coined Supply Chain's Premier EventTM for a reason. As Conference Chair, I am looking forward to welcoming you to Anaheim and am proud to offer a sneak peek into what to look forward to. What did we keep? • Community focus – CSCMP is a work family. It's a strong network of supply chain industry professionals whose bond goes beyond business interests and professional commonalities. Mentorship, career sustainability, connections, being part of a community – all terms that describe CSCMP EDGE. To ensure you receive this value out of your EDGE experience, and based on your feedback, we made sure to allow for more networking time in Anaheim and shortened our sessions a bit. What will be different?
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By Lori Webber, Chief Marketing Officer, IBM Watson Supply Chain. Thank you Lori Webber for contributing this Hot Topic. Some technologies cause ripples, others cause waves of transformation. Artificial intelligence (AI) is perhaps the most transformative of our era. AI technologies like IBM Watson can understand, reason, learn, and intereact – and do so at enormous speed and scale. As these systems continue to learn from your data and processes, they get smarter, delivering greater value. Discover how you can apply AI - today – to build a modern, faster, more efficient B2B network. A smarter supply chain, enabled with AI and blockchain, gives you unmatched insights and trusted, end-to-end visibility. Learn how to evolve to an intelligent, self-correcting supply chain at the IBM Booth #601 at EDGE 2019.
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Thank you TQL for providing this CSCMP Hot Topic. Logistics services providers are faced with finding a balance with technology and live customer service. The industry has become ripe with automation, however, you can’t automate complicated logistics processes and issues. In this article, you’ll discover the sweet spot between high touch and high tech service. About TQL At Total Quality Logistics (TQL), we create greater supply chain efficiencies for our customers by combining industry-leading technology and unmatched customer service. Customers and carriers turn to us daily to solve their transportation needs with competitive pricing, continuous communication, and a commitment to do it right every time. We move more than 1.6 million loads across the nation annually through our broad portfolio of logistics services and our network of more than 75,000 carriers. Headquartered in Cincinnati, Ohio, TQL is the second-largest freight brokerage firm in the nation, founded in 1997, with more than 5,500 employees in 57 offices across the U.S. Visit https://0b9305106cf5325988dd-f62b9871acfa9acb1838c2faadbf124d.ssl.cf2.rackcdn.com/cscmp_33b1083f19db701e5aafacfcc379963b.pdf to view the full article online.
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Hot Topic contributed by Kevin Otto, senior director, community engagement, at GS1 US. He leads the GS1 US Blockchain Discussion Group, a cross-industry collaboration of industry stakeholders working to better understand the transformative qualities of blockchain in the supply chain, and prepare for blockchain implementations using GS1 Standards. With blockchain fatigue setting in, it’s difficult for supply chain professionals to determine an effective path forward for implementation. GS1 US collaborates with brands, retailers, and technology providers to better understand blockchain in these early stages of development, and have offered tips for those committed to doing their due diligence. Read how GS1 Standards can help increase the chances of blockchain implementation success, and how they can help companies achieve supply chain visibility for key use cases such as traceability without blockchain. GS1 US®, a member of GS1® global, is a not-for-profit information standards organization that facilitates industry collaboration to help improve supply chain visibility and efficiency through the use of GS1 Standards, the most widely used supply chain standards system in the world. Nearly 300,000 businesses in 25 industries rely on GS1 US for trading partner collaboration that optimizes their supply chains, drives cost performance and revenue growth while also enabling regulatory compliance. Join GS1 September 12 at 1 PM ET on their Twitter account, @GS1_US, for a live Twitter chat where GS1 US experts, Melanie Nuce and Kevin Otto, will be available to provide insight and answer your questions surrounding blockchain/distributed ledger technology and why standards are an imperative to implementation. Twitter Chat Hashtag: #GS1USChat
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The overall LMI index is 57.2 in the July 2019 reading, up very slightly from June’s index score of 56.0. This is also down considerably from a year ago when the LMI overall score was 70.8. It has trended down since then, with rates of growth decreasing in every period since October 2018 to June 2019, with this month’s reading being the first increase in 2019. That being said it is still the third-lowest overall score in the history of the index, and lower than the historical average of 64.1. While the overall LMI scores in 2019 have been lower than 2018, they have all still come in above 50.0, the threshold indicating growth. So the logistics industry is still growing, just at a much slower pace than last year. This slowdown is demonstrated by the trend-line in the figure below. Looking forward, respondents predict the overall LMI will continue to grow over the next year, predicting an overall index score of 59.7. This indicates an expectation of similar levels of steady, if unspectacular growth, in the logistics industry through early 2020. Get the latest issue of the Logistics Manager Index (LMI). The LMI is calculated using a diffusion index, in which any reading above 50 percent indicates that logistics is expanding; a reading below 50 percent is indicative of a shrinking logistics industry.
The LMI score is a combination of all of the other components that make up the index including inventory levels and costs, warehousing capacity, utilization and prices, and transportation capacity, utilization, and prices. Visit https://cscmp.org/store/detail.aspx?id=RS17-LMI to view the full article online.
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