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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.
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.
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.
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%
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.
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.
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.
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.
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. .
For the past five years, the team at SupplyChain Insights identified SupplyChains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). In 2018, Rockwell Automation won the SupplyChains to Admire Award.
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.
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.
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? Which emerging technologies will have the most impact? . — Jeff Bezos, CEO, Amazon.
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.
Women of the SupplyChain: Responsibility, Collaboration and Bathroom Lines. Hanging out with Kinaxis, the relatively small and always interesting supplychain vendor from Ottawa, Canada, never fails to be an eye-opening experience. So why are there so many women in supplychain roles?
For the past five years, the team at SupplyChain Insights identified SupplyChains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). In 2018, Rockwell Automation won the SupplyChains to Admire Award.
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.
Located in the United Kingdom (UK), he has more than twelve years of experience in progressive roles driving demand-drive projects for their global supplychain. At the SupplyChain insights Global Summit , Nick shared his story on driving demand-based improvements. Understanding the Lubricant SupplyChain.
Medline is the largest supplier of clinical supplychain services to US medical surgical establishments. The company has made significant investments in their supplychain. This is being orchestrated by the software that controls this automatic storage and retrieval system. Why AutoStore? What Were the Results?
It was back in January 2015, after reading an article in the Wall Street Journal about bitcoin, that my eyes were opened to the potential for blockchain technology to transform supplychain management. As I wrote at the time in Bitcoin: A New SupplyChain Operating System?
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? In 2011 I had a similar talk with the founder and asked the same questions. My answer?
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.
BOSTON (May 13, 2019) – ToolsGroup, a global leader in supplychain planning software, announced today that David Barton has joined ToolsGroup as the new general manager of North America. Barton succeeds Patrick Smith, who served as managing director for North America from 2011 to February 2019. About ToolsGroup.
Direct-to-Consumer (DTC) presents special supplychain planning challenges for both smaller microbrands (e.g., The DTC supplychain planning (SCP) problem is similar whether you are a pure play upstart or an established company, but the perspective of each is very different and therefore the challenge is very different.
Optimising SupplyChain Management in Industry 4.0. SupplyChain management has undergone transformation since industry 4.0 began in 2011. Not all businesses were on board with implementation of smart technologies in supplychain processes, as some businesses found it challenging to embrace Industry 4.0
The Current Competition Focuses on the Manufacturing Industry China’s WMS market development is divided into four stages: Stage 1: (1980-2000): In 1980, the first automated three-dimensional warehouse in China was built at the Beijing Automobile Manufacturing Plant. in order to have a competitive advantage.
In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supplychain management. Reminder of Key Definitions – Logistics & SupplyChain Management. Neil Southern, 2011).
Shippers have replenished their inventories after struggling with supplychain bottlenecks during the recovery from the coronavirus pandemic. Ryder SupplyChain Solutions climbed into the top 10 after expanding its revenue to $6.5 Armada SupplyChain Solutions acquired St. Freight brokerage giant C.H.
Technology Alone Won’t Integrate Your SupplyChain with Paul Jensen. Joe Lynch and Paul Jensen discuss why technology alone won’t integrate your supplychain. Technology is critically important to a connected supplychain, however, there are limitations to what technology can do.
Public markets reward growth, and the average growth for companies for the period of 2011-2016 was 1/3 the rate of growth for the period of 1986-2007. At the SupplyChain Insights Global Summit last week, Gita Gopinath, Harvard University economist forecasted worldwide global growth at 3.6%, but only 1.9% Technologies abound.
As an analyst in the supplychain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. Today I am writing my take on the acquisition of Terra Technology by E2open. It is a story of supplychain innovation. History of Terra Technology.
where he served as CEO until 2011 when Cargo was bought by Smith Transportation Services, Inc. Peter Rentschler is the CEO of Metafora , an industry-leading management consulting and software development firm. LSG’s broad offering ranges from staffing to technology, marketing, sales, and BPO services. About Peter Rentschler.
In part one of this blog series, I started the saga of the supplychain fairy tale. It was a story where people believed that functional excellence leads to supplychain superiority. I strongly feel that a blind focus on functional excellence will cause the supplychain to become out of balance.
Supplychains are a mess, inflation is on the rise, the pandemic lingers, natural disasters are intensifying, fraud is growing more prevalent, and global tensions are increasing. James Johnston ( @JamesA_Johnston ), Regional Vice President at Cloudera, notes, “Supplychains can be considered the lifeblood of the global economy.
At the beginning of the third decade of supplychain management, a new class of applications was born. They were born from well-intentioned, bright professors from great schools – Boston College, Carnegie Mellon, and Massachusetts Institute of Technology (MIT )– in operations research. It is no more.
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.
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.
No one can argue that the rise of ecommerce and omni-channel fulfillment has dramatically impacted the supplychain in recent years. While this trend isn’t new, retailers and manufacturers are still evolving their supplychains to keep pace with customer demand and gain a competitive advantage. The Rise of DTC.
Here is the list: Supplychaintechnology implementations have reduced inventory. Companies should implement supplychain best practices. Companies that have focused on collaboration in the supplychain have built competitive advantage. Supplychain excellence matters. The reason?
Overcoming SupplyChain Disruptions with Shanna Greathouse and Tony Nichols. Tony Nichols , Shanna Greathouse , and Joe Lynch discuss overcoming supplychain disruptions. Tony and Shanna work at CarrierDirect , a company that specializes in helping companies minimize supplychain risk. About Tony Nichols.
Supplychain leaders are in the middle of implementing digital transformation programs. Here I ask, “Whether we can change course to drive more value in supplychain management?” I first encountered the term “digital transformation” in 2011. There is a veiled promise for improvement.
10 | Profile Scott Kuhn, Global Head of Supply at Syngenta. In 2011 Syngenta reorganised its business to support a shift in strategic focus from seeds and crop protection, to integrated solutions for farmers. 39 | Tools & Technology. 41 | SupplyChain Agenda of Tarik Toprak. 8 | 3PL Subway Map.
In today’s interconnected global economy, supplychains play a vital role in the success of businesses. SupplyChains Under Disruption: A Financial Toll Recent years have witnessed several disruptions that have shaken global supplychains, causing major financial setbacks for companies.
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