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The supplychain is knotted. Yesterday, @DamarqueViews asked me a question on twitter: “What do you think are the greatest barriers in the adoption of social technology in the supplychain?” I find the evolution of social technologies, and the promise of social, exciting for the supplychain.
Over the Memorial Day weekend, I stumbled on an old article that I wrote in 2001. I asked companies to “Navigate through the hype focusing on the feasibility of scope and technology.” In the height of the e-commerce craze, the marketplace offerings started with a focus on e-procurement. was controversial. Marketplace Rebirth.
Mark McEntire is the Senior Vice President of Operations at Emerge , a freight technology firm that is reinventing freight procurement. Transforming the $800 billion trucking industry, Emerge empowers meaningful logistics relationships through its award-winning Freight Procurement Platform. Hunt Transport, Inc.
Supplychain excellence is easier to say than to explain. Executive teams strive to drive improvement in supplychain results; yet, sadly, only four percent of public companies succeed. The supplychain is a complex non-linear system. Now, I view the company as a supplychain laggard.
Founded in 2016, and located in Fort Wayne, IN, Princeton TMX provides an intuitive user experience, configured to meet specific business requirements and streamline, automate, and optimize all modes of transportation. In 2017, Mark was awarded the SupplyChain and Demand Chain Executive “Pro To Know”.
Founded in 2000, Steelwedge was an innovator in Sales and Operations Planning (S&OP) and was an early provider of cloud solutions for supplychain. Is Steelwedge a Tragic Hero of SupplyChain Cloud Technology? I remember my first briefing with Steelwedge in 2001. The focus was on automatingprocurement.
Global supplychains are built on three assumptions: rational government policy, availability of transportation resources, and low variability. Supplychain leaders have little history to use as a guide to prepare. Before the pandemic, supplychain leaders experienced relatively free trade across borders in 2017.
A quick scan of the Internet will yield a long list of “the biggest-ever supplychain disasters”. Poorly implemented demand planning software mis-forecasts demand for branded sneakers. Would access to better supplychain and IT performance information have helped avert or mitigate these failures? The common thread?
How Do We Connect SupplyChain Planning Architectures to Transportation Planning? The software planning footprints are reminiscent of the work done in the 1990s when we struggled with insufficient memory using 32-bit hardware. The groups of supply planning, procurement and logistics operate within silos.
eWorld Procurement & Supply. eWorld Procurement & Supply in association with The Chartered Institute of Procurement & Supply (CIPS), is the UK’s leading event focusing on the use of leading-edge technologies and techniques within the procurement & supplychain functions.
This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?
The recent WannaCry cyber attack exploited a problem that exists at most companies today: the use of outdated software systems. In WannaCry’s case, hackers exploited vulnerabilities in Windows XP — an operating system still in wide use today, even though it was originally released in 2001 and Microsoft stopped supporting it in 2014.
eWorld Procurement & Supply. The Leading Bi-Annual Event for Procurement Innovation. Since 2001, eWorld Procurement & Supply has provided a unique insight into the latest innovations and technologies for senior procurement, supplychain and finance executives.
The procurement Summit 2016. Building on the huge success of eWorld Procurement & Supply – which has been running bi-annually in London since 2001 – the new Procurement Summit will bring together 150 purchasing and finance professionals from across the commercial, public and third sectors. Procurement Metrics.
eWorld Procurement & Supply. The Leading Bi-Annual Event for Procurement Innovation. ProcurementAutomation. Internet of Things (the impact on procurement). Internet of Things (the impact on procurement). Procurement Advocacy and Stakeholder Engagement. Social Media for Procurement.
eWorld Procurement & Supply. The Leading Bi-Annual Event for Procurement Innovation. The UK’s most comprehensive business forum for Procurement, Sourcing and SupplyChainTechnologies. Soft skills for procurement professionals. Sustainable procurement strategies. URL: [link].
The Procurement Summit. The Procurement Summit provides senior purchasing, sourcing and supplychain executives across the North of England with an unmissable opportunity to keep up-to-date with the latest industry innovations, best practice and new technology solutions. Date: 17 November 2015.
Affected by changes in production, procurement and distribution methods, warehousing has continually been pushed and pulled in different directions. On the other hand, offshoring growth has fuelled the need for warehousing as part of the elongated supplychain. Technological Advances and Benefits.
Some include: Lack of understanding of the end-user goals and challenges Inability to mitigate risks or unforeseen disruptions Poor product quality or design Lack of product differentiation To illustrate, the Segway Electric Scooter’s introduction was met with a fast demise in 2001 due to its inability to solve consumers’ real-world problems 1.
They will also maintain the strategic advantages of cooperation on key commercial, operational, and technology initiatives. The freight unit was established in 2001, when FedEx Corporation acquired and merged the assets of American Freightways , Viking Freight and Watkins Motor Lines. All rights reserved.
” “Never has procurementtechnology been more front of mind for businesses. Today marks a both an exciting and also incredibly challenging time to be in procurement and sourcing. Some industries are experiencing global supply shortages and many are being asked to do more with the limited resources they have.
” “Never has procurementtechnology been more front of mind for businesses. Today marks a both an exciting and also incredibly challenging time to be in procurement and sourcing. Some industries are experiencing global supply shortages and many are being asked to do more with the limited resources they have.
Muddassir Ahmed is a supplychain strategist, researcher, and educator. On the fifteenth episode of SupplyChain Next, Muddassir talks with host Richard Donaldson about innovation in supplychain management, updating educational curricula, and the accessibility gap he sees in accessing instruction in supplychain best practices. ?.
At SupplyChain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “Seasoned Leadership in Action ” Interview series at SupplyChain Game Changer. This was my first foray into the world of supply.
Responding to the ever-changing expectations of consumers in a highly competitive digital economic environment involves having a solid, agile, and cost-effective SupplyChain. After all, companies need to minimize and monitor the most harmful supplychain management practices. The importance of a robust supplychain.
MORRISTOWN, NEW JERSEY, UNITED STATES, November 3, 2021 / EINPresswire.com / — For the fifth consecutive year, EC Sourcing Group has ranked as a ‘Customer’ and ‘Value’ leader for sourcing by leading procurementtechnology analyst firm, Spend Matters.
After highlighting some of the results from the IBM study I worked on this past fall on procurement analytics, I introduced Rich Hughes, former Chief Procurement Officer from Procter & Gamble. During this period, spend under management was 50% at best, and there was significant fragmentation in the supply base.
For example, in Germany, the new SupplyChain Act will mean that companies with 3,000 employees or more will be accountable for any exploitation of workers in their supplychains. Next, as part of the supplychain governance process, came the challenge of checking whether they were all compliant.
Weick (2001)notes that an example of “less heedful interrelating” is Winston Churchill’s reconstruction of why he failed to see that Singapore was vulnerable to land invasion in the Second World War. These four lapses are lapses of interconnection in gathering information about unexpected events (Weick, 2001). Allinson, R.E.
And before that, in 2001, Nike also had a demand planning blunder that led to a $100 million loss in sales. These examples show how imperative a proper process for demand planning and supply planning is to an organization’s overall health and profitability. Connections Between Demand Planning and Supply Planning.
At that point, production and system operations commence (DSMC, 2001). This approach has been used for many years, and tends to limit the opportunity for innovation, cost savings suggestions, and introduction of new technologies into the process, as noted by Anne Rung in her memo during her time at the Office of Management and Budget.
The SupplyChain Matters blog provides an additional update on the incident involving an Alaska Airlines Boeing 737 MAX 8 aircraft’s decompression. The Journal report makes reference to a white paper published in 2001 penned by a then Boeing aerospace engineer. All rights reserved.
Subscribe to SupplyChain Game Changer. Our fundamental objective at SupplyChain Game Changer is to share experiences and expertise and lessons learned. John Heffernan, Chief SupplyChain Officer at ModusLink. Steve Radewych, Director SupplyChain at Precision Global. Subscribe Here!
With 65% of supplychain professionals members of the Millenials and Gen X generations, inflation is new. The members of the supplychain organization have never managed through a period of growth, inflation, and unprecedented supply variability. Current technologies and processes focus on volume trade-offs.
With 65% of supplychain professionals members of the Millenials and Gen X generations, inflation is new. The members of the supplychain organization have never managed through a period of growth, inflation, and unprecedented supply variability. Current technologies and processes focus on volume trade-offs.
While all supplychain leaders are interested in the topic of building value networks, only a few companies are actively investing in building data architectures to enable the extended supplychain. The words end-to-end supplychain easily rolls off the tongues of supplychain leaders.
Supplychain innovation is slowly simmering in the face of radical disruption. The supplychain visionary wants novel and new. I find technology providers pitching old–often wrapped in the cloak of ‘digital transformation.’ As a result, supplychain leaders continuously ask me to unravel market confusion.
As an analyst, when technology providers acquire and divest companies, I get invited to pre-announcement conferences. In these sessions, the technology providers share their rational for the investment and invite questions. Infor–a market consolidator of enterprise software–currently has revenues of $2.8
Philip Black is a proven technology implementation leader in several industries, including energy. He has also pioneered applications using Internet of things (IoT), machine learning, software development, systems integration, and data analytics with the goal of increased profitability for enterprise operations. Where’d you come from?
How supplychain has changed over the years. How Requis is perfectly positioned to be the supplychain platform of choice for many industries. Now I’m talking with more 20- and 30-somethings who have a specialty or degree in supplychain, are technically savvy, and are much more focused on efficiency.
Supplychain processes are not immune to this trend. EY analysts Edmund Wong and Glenn Steinberg ( @GlennSteinberg ), ask, “Are you running an analog supplychain for a digital economy?”[1] They explain, “The global supplychain is a creation from the past, ill-suited to today’s fast-changing world.
MH&L’s Editorial Advisory Board tackles some of the toughest topics facing the supplychain today. That’s why we went to the experts—the members of the MH&L Editorial Advisory Board—and asked them to weigh in on that subject, and on several other of the most pressing concerns to supplychain professionals.
This happened during the COVID-19 pandemic , and added to the food supplychain woes that came from disruptions and bottlenecks around the world, leading ultimately to shortages and inflation. Some hope to see significant immigration policy reform; one that reflects the opportunities presented by automation, for example.
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