August 2024

Supply Chain In the Know is your monthly digest by John Galt Solutions with the latest and greatest in the world of supply chain. Discover what's going on with our curated mix of news, insightful reports, research findings, inspiring success stories, and resources!?

• Canada’s two major railroads aim to restart operations this week, minimizing freight delays and congestion across North America, partially ending an unprecedented work stoppage after intervention by the federal government. Read more.?

• After a historic drought, the Panama Canal Authority (ACP) is exploring solutions to prevent future droughts. Despite challenges, the canal remains vital for global trade, connecting 180 maritime routes and generating significant revenue. Read more.?

• Recent research from Gartner has identified the most common constraints supply chain professionals face and offers ways to solve them. Supply Chain Management Review Magazine reports: “Gartner noted that businesses will deliver strong results by focusing on current business viability and deprioritizing long-term constraints even when just small changes are made.” Read more. ?

• According to a new survey, 40% of procurement teams say manual and inefficient processes are holding them back from fully addressing critical business priorities. The report indicates 53% of procurement and supply chain managers and directors say that workload issues and inefficiencies are the top risks facing their organizations. Read more.?

• Many food companies are struggling to integrate sustainability into their supply chains for competitive advantage. World Economic Forum offers guidance on how to improve sustainable practices in multi-tier food supply chains. Read more.?

• Scanning barcodes at checkout could be a thing of the past as early as 2027, brands and retailers say, as they work to replace the decades-old technology with newer, more capable QR codes, a move that could boost sales and customer engagement.?Read more.?

• SupplyChainBrain Special Report: Embrace Uncertainty and Complexity with Decision Intelligence. This article explores the importance of?decision intelligence powered by AI?in modern supply chain planning. Leveraging?AI and machine learning?for decision-making allows companies to embrace uncertainty, make faster and more informed decisions, and transform complexity into a competitive advantage.?

• Gartner Research: Ask 4 Questions to Improve Supply Chain Planning Decisions. This report provides guidance for supply chain planning leaders looking to improve their organizations' ability to cope with uncertainty and variability in their supply chains, helping you uncover the key questions that can shape productive planning conversations.?
• ARC - Logistics Viewpoints Article: Build a Digital Playbook Beyond Scenarios to Thrive in Uncertainty. This article emphasizes the need for a new mindset that leverages uncertainty for growth, advocating for advanced stress testing of supply chains and advanced analytics, like AI simulations and digital twins, to evaluate and increase supply chain resilience. ?
• World Economic Forum – Centre for Advanced Manufacturing and Supply Chains: Modernizing ageing factories: The role of digital transformation in enhancing brownfield manufacturing. This article discusses the challenges and successes of digital transformation in the manufacturing sector. While companies across industries have harnessed digital technologies to transform and enhance efficiency and productivity over the past decade, the manufacturing sector has had less momentum, particularly brownfield manufacturing, which involves existing facilities with legacy infrastructure.?

NASCES – North American Supply Chain Executive Summit | September 16– 18, Phoenix, AZ ?

We’re looking forward to attending the upcoming NASCES Conference! If you’re attending, let’s connect and share ideas to drive your supply chain innovation and business growth! Meet with us at Booth #4 or book some time with our team here.?

Atlas Roadshow - US | September & October, 2024??

The Atlas Roadshow offers John Galt Solutions’ valued customers a unique opportunity to engage directly with industry experts, exchange best practices, and explore the latest enhancements to the market-leading Atlas Planning Platform. Our Fall 2024 series will take place in key locations throughout the US Midwest, East Coast, and West Coast. Stay tuned as we share more about our Atlas Roadshow soon!

Webinar with Supply & Demand Chain Executive - Sara Lee Frozen Bakery's Recipe for Supply Chain Success: Right Mix of People, Process, Tech & Data | September 24, 11:AM CT?

Join Sara Lee Frozen Bakery ’s Vice President of Planning and Logistics, Laura Shannon, and Director of Integrated Planning, Richard Korn, to hear this iconic brand’s transformational journey to reinvent its supply chain with a focus on empowering the right people to make the right decisions supported by robust business processes and innovative technology. Register now!?

• Webinar On-Demand: Develop Your Supply Chain AI Roadmap, From Hype to Reality ????

• Blog: Usability and Adoption: Driving Forces in Supply Chain Planning Software ???

• Blog: Breakdancing Meets Supply Chain - Lessons for New Product Launches ?????

Don't forget to subscribe now to stay in the know with top news and stories in supply chain??- Until next month!?

Featured in this issue: SupplyChainBrain | Gartner for Supply Chain | ARC Advisory Group | Logistics Viewpoints | World Economic Forum | Supply Chain Management Review Magazine | The Wall Street Journal