2020

article thumbnail

Supply Chain Resilience: Powering Through Crisis

Supply Chain Brief Submitted Articles

The onset of the COVID-19 unveiled grave dissonances in the supply chain of major grocery and retail stores that resulted in a loss of revenue.

article thumbnail

Get Started Using Machine Learning for New Product Forecasting

ToolsGroup

New product introductions (NPI) are critical to any company’s success, but many of them never become household names. In fact, it’s estimated that up to 80 percent of new product launches in the consumer packaged goods (CPG) industry fail. Adding to this already uphill battle, we don’t have trustworthy new product forecasting methods because forecasting new products with no sales data is very hit-and-miss.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Steps for Optimizing Waste Management at Your Warehouse

IT Supply Chain

By Erich Lawson (pictured) Online Marketing Manager of Compactor Management Company

article thumbnail

How Disruptions like Coronavirus Test The Resilience Of Supply Chain Planning

AIMMS

As the Coronavirus outbreak develops into a pandemic, people and businesses alike are feel ing its ripple effects. Manufacturers like Hyundai are experiencing a shortage of components that threaten s to halt production. L ogistics providers like Maersk are forced to announce blank sailings due to curtailed demand. Avenues of transport are declining as major cargo airlines, like Cathay Pacific , drastically reduce flights to mainland China and Hong Kong.

article thumbnail

2024 Annual T&L M&A Report

Tenney Group, an industry specialized M&A Advisory firm in the T&L space, produced the 2024 Annual M&A Report. The report contains an in depth overview of 2023 notable deals and the market, while also providing the outlook for 2024 M&A.

article thumbnail

Reviving Retail: How to Expand Fulfillment Operations to Meet Holiday Sales Volumes

Tompkins Blog

As discussed in our last post, the COVID-19 pandemic continues to fuel rapid e-commerce growth, with online sales in May up nearly 93% over the previous year, according to a recent Mastercard SpendingPulse report. While many businesses already received the green light to reopen, a recent surge of coronavirus cases is now causing more consumers to turn to online shopping and even prompting some retailers to voluntarily shut down stores again, like Apple recently did in several states.

Retail 176

More Trending

article thumbnail

Inventory Management – Navigating the Trenches Without Losing Sight of the Big Picture

Arkieva

Inventory comes in many forms and flavors; it is the critical element of supply chains that enable a firm to respond quickly and take advantage of scale. However, managing inventory is one of the most. Inventory Management – Navigating the Trenches Without Losing Sight of the Big Picture was first posted on July 22, 2020 at 7:59 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

article thumbnail

Seven Supply Chain Processes To Stop Doing In The Pandemic

Supply Chain Shaman

I remember standing in the temperature screening queue in Doha. As the line wound around multiple stations, my backpack cut into my shoulders. I was tired and cranky as I read the overview of MERS. As an United States resident, I was blissfully unaware of this virus and worried about catching my flight to Singapore. My ignorance of a potential pandemic was low.

article thumbnail

The Journey to the Factory of the Future

DELMIA Quintiq

While most people are staying home during the COVID-19 pandemic, many are on the front line. Not just in hospitals, but our manufacturers who are essential to society and doing their part helping to stop the global pandemic. These manufacturers are on the factory floor continuing to build, construct, create and prepare. Their need is urgent and the vision for a better tomorrow continues.

article thumbnail

What is Multimodal Shipping?

GlobalTranz

Multimodal shipping represents how companies can find new value within their supply chains and augment efficiency without dramatically increasing landed costs. While multimodal continues to change in the wake of disruption from the pandemic this year, interest in new shipping strategies has exploded. The supply chain has been suffering due to the growing conglomerates like.read More.

Shipping 396
article thumbnail

Monetizing Analytics Features

Think your customers will pay more for data visualizations in your application? Five years ago, they may have. But today, dashboards and visualizations have become table stakes. Turning analytics into a source of revenue means integrating advanced features in unique, hard-to-steal ways. Download this white paper to discover which features will differentiate your application and maximize the ROI of your analytics.

article thumbnail

Digital Transformation in the Supply Chain

Logistics Viewpoints

Digitalization is accelerating the pace of business and transforming global supply chains. In a freewheeling discussion at the ARC Industry Forum in Orlando, I spoke with Richard Howells, Vice President Marketing Digital Supply Chain at SAP about the trends, customer expectations, the challenges, and imperatives of digital transformation in the supply chain.

article thumbnail

Why You Can’t Ignore the Inbound Supply Chain

Talking Logistics

Considering that customers are at the tail end of the outbound supply chain, and companies across all industries are competing on customer experience, it’s not surprising that the outbound supply chain gets a bit more love and attention than the inbound side. But the fact is that supply chains end-to-end are an interconnected system, so. Read more Why You Can’t Ignore the Inbound Supply Chain.

article thumbnail

3 Surprising Stats About Supply Chain Management in COVID-19

Supply Chain Brief Submitted Articles

Find out how manufacturers and suppliers have managed through the COVID-19 crisis as SourceDay shares exclusive insights about supply chain management.

article thumbnail

Supply Chain Trends 2021

The Network Effect

The post Supply Chain Trends 2021 appeared first on The Network Effect.

Trends 316
article thumbnail

Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

article thumbnail

Invest in These Capabilities to Drive Supply Chain Excellence

AIMMS

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Supply chain professionals know it can be extremely challenging to drive day-to-day operational excellence and pursue innovation at the same time. Our recent survey showed that only 17% of organizations make it a priority to invest in innovation. Firefighting is the norm. It can also be challenging to decide where to invest.

article thumbnail

Machine Learning and Artificial Intelligence Can Help “Future-Proof” Supply Chains

Kuebix

Over the past couple of months, most supply chains have weathered an unexpected storm. Rules and regulations are updated frequently in order for manufacturers, retailers and distributors to continue delivering. There’s no doubt that supply chains are feeling strained as they continue to adapt to these circumstances while operating efficiently and cost-effectively.

article thumbnail

Warehouse Design: How to Extend the Life of Your Facility

CHAINalytics

For many companies, COVID-19 has put enormous pressure on existing storage and fulfillment centers. If this sounds about right, you might be wondering if you should invest in a new or bigger or better facility, or improve the one you have. Analyzing variables such as facility layout, racking, slotting, and material handling equipment will give … The post Warehouse Design: How to Extend the Life of Your Facility appeared first on Chainalytics.

article thumbnail

Dock Scheduling: A Requirement as Retailers Double Down on WMS & WES

C3 Solutions

Supply chains across the globe need more efficiency to survive. The opportunities to grow fulfillment and improve the flow of inbound and outbound freight depend on multiple factors. Items need efficient unloading and comprehensive, digital put-away processes. Outbound shipments require optimization to minimize touches and avoid unnecessary dock delays.

article thumbnail

How Intent Data Helps Marketers Convert A-List Accounts

One of the biggest challenges for any B2B marketer is understanding your prospects’ next move — who is most likely to buy and when. Without these insights, marketing campaigns can feel more like guesswork, with high investment and little return. We’re here to tell you there’s a better way. By tracking buyers’ digital footprints and online activity, such as website visits, product reviews, and spikes in content consumption, you can engage prospects with a message that really resonates.

article thumbnail

Restarting the Automotive Supply Chain in Uncertain Times

QAD

This article was co-written by Cathy Fisher , founder and president at Quistem and global expert in automotive quality management systems. The global automotive industry has never faced an unplanned shutdown (complete or partial) like that which has stemmed from COVID-19. Unprecedented times call for unprecedented actions. The current situation differs significantly from planned automotive plant shutdowns for example, for model changes.

article thumbnail

Industry Trends in High Technology Manufacturing & Operations

DELMIA Quintiq

High Tech remains one of the most vibrant, innovative and fast paced industries in the world. Even with global disruption from COVID-19, demand for products has remained positive, albeit with far less predictability! As consumers, we continue to drive this demand for new products and experiences and the challenges for companies to keep up have become extreme: Sudden shortages of supply and supply chain networks Increasing regulatory pressures New form factors and integration into other products

article thumbnail

10 Most Effective Tips for Optimizing Your Supply Chain

GlobalTranz

Supply chains are complex ecosystems of people, tools, and strategies that are getting increasingly difficult to manage efficiently. With so many stakeholders involved in the process, only a comprehensive supply chain management plan can help you improve business results in the long run. It’s not a feat you can achieve with only one major tool.read More.

article thumbnail

3 Reasons You Can’t Afford to Wait: Agility, Resiliency, and Sustainability

Logistics Viewpoints

Supply chain is in the spotlight. It is the business function that is front and center - on top of the minds of consumers and executives. The global pandemic has ripped the rug out from under supply chains, but also highlighted its importance. Agility, resiliency, and sustainability are keys to supply chain survival, so you can’t afford to wait to invest in building these capabilities, which are entwined with each other.

article thumbnail

Building Cyber Resilience and Data Integrity in Your Supply Chain

Learn about the most frequently occurring cybersecurity breaches coming from third party suppliers, vendors & contractors. Master how to spot security gaps and how to mitigate future cyberattacks. In this eBook, you will learn: How to define reasonable levels of security for your suppliers, vendors, contractors, etc.

article thumbnail

Forced Labor in Supply Chains: The Problem Persists

Talking Logistics

“The addition of 11 Chinese companies to a U.S. trade blacklist of entities Washington says are linked to human-rights abuses of the Uighur minority group in Xinjiang is entangling major brands and likely to further a reordering of supply chains that feed American consumers,” write Dan Strumpf and Liza Lin in the Wall Street Journal. Read more Forced Labor in Supply Chains: The Problem Persists.

article thumbnail

What Makes Demand Driven Methods so Powerful?

DynaSys

Building a demand-driven supply chain is not a remedy to all supply chain issues, but it can greatly improve companies’ performance. Here is why: 1. Demand-Driven Develops Agility by Compressing Lead-times. Long lead times are no longer suited in a world full of demand volatility. Strategic inventory positioning has a direct effect on lead time compression.

Modeling 143
article thumbnail

Unique Challenges of Small Parcel in the 2020 Holiday Season

All Things Supply Chain

Like everything else in 2020, we can expect the holiday shopping season to come with unique challenges. Not only are pandemic shutdowns ongoing, but some parts of the U.S.

article thumbnail

IBP Scenario Modeling for Recovery, Restructuring and Resilience

AIMMS

Today’s business reality is constantly shifting. Organizations that are running an IBP process right now are in a better position than others to deal with this uncertainty. Those that also leverage scenarios in IBP are even better prepared to deal with the supply chain shocks caused by COVID-19. Our first webinar with Oliver Wight discussed common people, process and technology pitfalls that hinder IBP initiatives.

Modeling 406
article thumbnail

Hot Off the Grill: Optimizing Summer Supply Chains for Seasonal Staples

Speaker: Glenn Koepke and Steve Rotter

This webinar – coming to you from Glenn’s own backyard – discusses the importance of supply chain visibility for seasonal shipping, new product promotions, and holiday ramping in the F&B and retail industries while providing sizzling secrets to creating the juiciest meats for your barbecue. Hear success stories from Land O’Lakes, Coca-Cola, and Dollar Tree on how they beat the summer supply chain heat with real-time visibility.

article thumbnail

How Digital Agility Can Help Prepare Your Supply Chain for Anything

Kuebix

Businesses’ ability to successfully navigate unexpected events is a large part of an overall successful supply chain. Many companies have found ways to mitigate the effects of events like hurricanes and blizzards. However, most organizations were not prepared for the implications of a pandemic like Covid-19 and its long-term impact on global supply chains.

article thumbnail

How AI Is Transforming Global Supply Chains

Supply Chain Brain

Hit hard by the global pandemic and ready to future-proof their operations, companies are deploying AI-enabled solutions that can help them work better, smarter and faster.

Global 135
article thumbnail

Post-Pandemic Impermanence and 6 Actions to Take Now!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! Post-pandemic article and permission to publish here provided by Joe Carson, CEO of Spend Strategies, LLC. Several months into the COVID-19 pandemic the talk of a settled “new normal” gives us hope for stability and a return to what was before.