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Supplychains are particularly vulnerable during recessions. Consequently, it is imperative to develop a recession-proof supplychain to make them more resilient and adaptable. A resilient supplychain is one that can absorb shocks and continue functioning with minimal disruption.
Authoritative Source for Industry News: Transport Topics has been a leading news source for the trucking and freight transportation industry since 1935, providing essential information for decision-making across the logistics and supplychain sectors.
Such vulnerabilities, if exploited, could lead to severe disruptions in global supplychains and critical military logistics operations. NATO’s current maritime strategy, last revised in 2011, is critiqued in the report for lacking formalized frameworks for engagement with commercial port operators.
integrates data with smart technology and automation to optimize production, supplychains, and create agility. The term was coined by three German physicians and business leaders and first presented to the public at the Hannover Messe, the worlds largest trade fair for industrial development, in 2011.
in 2011) as a top-down strategic initiative to promote digital transformation in industry. The enabling technologies include: Big data processing and data analytics to optimize complex production processes and enhance supplychain management. This can improve machine configuration, predictive maintenance, and fault analysis.
So argues Greg Petro, CEO of First Insight , a retail platform that uses AI analysis of consumer feedback to predict demand, determine pricing thresholds and model scenarios around, for example, differing tariff levels or supplychain bottlenecks. Helen Atkinson, Managing Editor Report From DPW: What’s Next for AI in SupplyChain?
In addition to manufacturing or production, ERP then expanded to include finance, accounting, order management, supplychain management, payroll, and HR. PeopleSoft itself had recently acquired JD Edwards, a mid-market ERP provider specializing in manufacturing and supplychain solutions.
The story so far The existing EU Late Payment Directive, adopted in 2011, attempted to address the challenge of late payments, but many argued that it had significant shortcomings, including a lack of monitoring tools and enforcement mechanisms. Either way, the proposals have prompted many questions from our customers.
Additionally, since the supplier focuses solely on your product, if they become overwhelmed with orders, it can cause delays that disrupt your supplychain and operations. Limitations can impact cost, supply reliability, and operational flexibility. Thus, you’ll ensure compliance and keep your supplychain on track.
This SupplyChain Matters industry commentary highlights reports of suspected E-coli related illnesses linked to certain McDonald’s menu items. states has been linked to global wide fast food chain McDonald’s. McDonald’s Brand the Subject of U.S. Wide Headlines U.S. Coli outbreak. “
The company, headquartered in Herborn, Hesse, initially selected JAGGAERs platform JAGGAER ONE in 2011. To this end, the platform is integrated with Sphera’s risk management solution and IntegrityNext for supplychain monitoring.
Here’s what matters from the Council of SupplyChain Management Professionals report and what you need to take away from it now: Logistics Costs Are Still High Based on the report , the industry spent $2.6 In 2011, Yo-Yo was diagnosed with multiple sclerosis and eventually had to park her rig for good. She drove for 39 years.
Rethinking supplychains is a reader-supported publication. China was also marketed as a low-cost labor option for many US supplychains twenty to thirty years ago and now we’re seeing similar mentions about Southeast Asian countries. 😉 Rethinking supplychains is a reader-supported publication.
next year the weakest since 2011 aside from the initial Covid pandemic hit suffered in 2020. Additional Data Points In our previously published SupplyChain Matters posting relative to the imposition of U.S. Copyright 2025, The Ferrari Consulting and Research Group and the SupplyChain Matters blog.
Litecoin smart contract capabilities Litecoin is a cryptocurrency that was created in 2011 as a fork of Bitcoin, with a focus on improving its speed and efficiency for transaction processing. Originally written for SupplyChain Game Changer and published on May 13, 2023. appeared first on SupplyChain Game Changer™.
In the era of the global supplychain, many companies think about risk management in terms of “ macro agility ”—their ability to anticipate the likelihood of, and develop readiness plans for, major crises that impact the chain, like geopolitical instability and extreme weather.
One of their most remarkable accomplishments was clinching the inaugural League of Legends World Championship in 2011. Invictus Gaming : Established in 2011, this leading Chinese team boasts a rich history in various esports titles. Originally written for SupplyChain Game Changer and published on June 9, 2024.
Each year, we compile a list of top-performing SupplyChains, termed the SupplyChains to Admire. This week, while all my friends are on vacation, I am writing the final report for the SupplyChains to Admire. Our goal is to continually redefine the definition of supplychain excellence.
Editor’s Note : It is clear from several articles around the Skills Gap that we need programs that keep the next generations interested in one of the most vital parts of business today: mastering the supplychain. Franklin Center for SupplyChain Management at the Martin J. We hope you enjoy!
by CJ Wehlage On May 29, 2014, I posted a blog about the Top 25 SupplyChains predictions for 2015. The 2015 Top SupplyChains were #1 Amazon , #2 McDonald’s, #3 Unilever. The 2015 Top SupplyChains were #1 Amazon , #2 McDonald’s, #3 Unilever. Seven from 2011 are not on the 2015 ranks.
states, obvious disruptions to supplychains and supplychain risk management were a given. Many of the states affected contained key ports and supply destinations, as well as transportation and logistics hubs. The human links of the supplychain were stressed. These ports accounted for 18.3%
Investors, customers, and other stakeholders are paying closer attention to the companies they do business with, asking that they not only make decisions that improve operations, but also decrease the negative effect on their environment and community: a supplychain with a conscience.
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.
7 Principles of SupplyChain Management Explained. Would you like to understand supplychain management concept but dont have time to study from a supplychain textbook ? The good news is, this article will explain to you the key principles of supplychain management that you can finish within 5 minutes.
Social media has been adopted by supplychain management professionals as a mechanism to express opinions and disseminate knowledge. Then, this article will show how the influencers in supplychain management can be identified. " in the attempt to identify top social media writers and experts on Twitter.
In February, Klaus Niebur, the director of global supplychain risk management at Autoliv, and Jan Thiessen, the managing director at targetP!, spoke on best practices on supplychain risk management at ARC Advisory Group’s Digital Transformation in Industry conference. The implementation was not trivial.
For years, I’ve been telling supplychain executives to think beyond Facebook, LinkedIn, and Twitter when thinking about the role of social networking in supplychain management. As I wrote last December in Facebook for SupplyChain Communication and Collaboration? Post a comment and share your perspective!
Current logistics and supplychain management trends are discussed very often on social media sites. In the year 2000, Journal of Business Logistics published the article named " Ten Mega-Trends That Will Revolutionize SupplyChain Logistics ". How can we identify them really? What''s Next?
Barry Conlon and Joe Lynch discuss supplychain risk management, which is exactly what Barry and his team at Overhaul provide to Fortune 100 companies across the world. Barry is a dedicated supplychain security professional with more than 30 years of experience within that discipline.
Interview with Lora Cecere, Founder and CEO of SupplyChain Insights and Author of SupplyChain Metrics that Matter ( published December 2014 ). Lora Cecere is the founder and CEO of the research firm SupplyChain Insights. So I sat down at my kitchen table in the winter of 2011.
These consumer products global leaders paved the road for supplychain excellence by defining new supplychain practices. Today, each leader wants to take their empowered team to new supplychain heights. At SupplyChain Insights, we published a report card yesterday. Who is poised to win?
Jim Saponaro and Joe Lynch discuss the life sciences and healthcare supplychain. Jim is the President, Life Sciences & Healthcare DHL SupplyChain North America. About Jim Saponaro Jim Saponaro is the President, Life Sciences & Healthcare DHL SupplyChain North America. ft in warehousing space.
6 Sigma SupplyChain: The Brief Introduction for Non-Statisticians. Even though there are so many articles about six sigma supplychain, most of them are all related to the application within certain functions in supplychain. SupplyChain Case Study: Executives Guide. best of supplychainopz.
Working in supplychain is like starring in a Rocky movie. You don’t need to go back any further than a decade to understand the many challenges supplychains have endured over the years. Supplychains had to deal with squeezing margins and dramatically cut costs, which included significant downsizing.
Now more so than ever, corporations understand the tremendous impact logistics and transportation can have on their overall business performance and are taking meaningful strides to optimize their supplychain operations. increase over 2011, according to Capgemini’s 2014 18th Annual Third Party Logistics Study. billion (U.S.
If this challenging past year has taught us one thing, it is the value of connections–not only in our lives, but in supplychains. Indeed, when customers contact us for planning support through our COVID-19 Action Center, they are usually grappling with similar supplychain disruptions–or disconnections. .
IoT Tech is Driving Sustainability in the SupplyChain. But perhaps the most far-reaching changes will center around the use of large data systems to drive sustainability in logistics and supplychains. billion tons of oil in 2011, worth approximately $743 billion. Using IoT Tech to Make us More Fuel Efficient.
Our previous discussion on augmented reality revealed a new trend in supplychain management , the use of computer-simulated imagery to enhance production and efficiency. However, artificial intelligence is poised to radically change the supplychain in profound ways. Artificial intelligence is everywhere.
Take for example Volkswagen’s 2011 “People’s Car Project” in China for which the aim was to inspire the imagination of its followers by allowing them to design their own cars. But how could gamification be applied to a supplychain? Here are three scenarios where gamification could foster a more efficient supplychain.
In his recent Nature article, Climate Economics: Make SupplyChains Climate-smart , Anders Levermann argues that supplychains need to adapt to extreme weather. Links in global economic chains and world markets mean that flooding or heat-waves in one place can have repercussions elsewhere. Levermann, A.
In the US, healthcare expenditure per person has risen by almost 78 per cent since 2000 to USD 8,700 in 2011 (Centers for Medicare & Medicaid Services 2012). The post The supplychain implications of rising healthcare costs… appeared first on The Network Effect. in 2008 to 7.6 per cent by 2020. .
Financial balance sheet improvements cannot be driven by traditional supplychain processes. In the words of a supplychain leader yesterday, “Lora, please give me stories of success. When I first met Nick, he was driving a supplychain transformation at VTech Communications. Price to Tangible Book Value.
In March 2011, I wrote a post making the case that, like in baseball, the supplychain and logistics industry needed a farm system to attract and develop the next generation of leaders. As I wrote at the time: Sure, there are a number of universities (but certainly not enough) with supplychain and logistics.
Reimagine SupplyChain of the future: There are many facets to imagining SupplyChain of Future. What are the learnings from Covid disaster that leaders will incorporate into future supplychains? Let us study major highlights of SupplyChains of the future. . — Jeff Bezos, CEO, Amazon.
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