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For over a decade, since founding SupplyChain Insights in 2012, I have pounded the keyboard, asking business leaders to think more holistically about the impact of supplychain decisions on the firm’s value, the improvement of a value chain, and the impact on the environment. Thirteen years.
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.
A Manufacturer’s Guide to the Evolution of ERPs Lets start by declaring an interest. Most JAGGAER installations in the manufacturing industry specifically, and in product-centric businesses in general, involve integration with an enterprise resource planning (ERP) system of one sort or another. So, we have skin in this game!
The success of your business links inextricably to the performance of your supplychain. you have to make your supplychain successful too. SupplyChain and Business Success By the Numbers Now for those statistics I mentioned. If you want business success (and who doesn’t?),
Updated: May 12, 2025 Published: September 22, 2021 ERP software has the ability to connect and transform every aspect of an enterprise. Todays Software-as-a-Service model provides businesses with a level of efficiency that helps them work smarter, faster, and more cost-effectively. What is ERP Software?
Manufacturers need to inspire and empower the next generation of manufacturing workers to keep the industry growing. Thousands of manufacturers are contributing to the cause of attracting workers to the industry this month. A motivating factor for manufacturers is how labor shortages continue to constrain production.
consumers from consultancy firm Alix Partners , Americans are reporting a decline in online purchases across all categories (except groceries) for the first time since the surveys inception in 2012. with 34% of consumers saying that theyve delayed making purchases until theres more certainty. According to a survey of 1,000 U.S.
Think back to 2012 when Sam Taylor, CEO of Oriental Trading Company , went undercover in his own company. One of the most surprising parts of the episode showed a warehouse worker using a voice-automated picking system (see video below), and the worker would then scan the product with a scanner on the tip of his finger.
The world has changed from the oil days of machine assisted assembly lines and manufacturing processes as more robots have entered the workforce. Robotics is not just a way to help companies, but many manufacturers have recognized how robots can improve their supplychain processes, benefit the company, and drive their future success.
There are tens of thousands of books about logistics and supplychains. Amazon has 31,817 books about supplychain and 24,934 about logistics. That’s 56,751 supplychain and logistics books. But we got it down to ten logistics and supplychain books you’ll actually want to read.
However, one thing that should come to mind is the prowess of the retail giant’s supplychain excellence. million employees without a focus on good supplychain management. ” The Key’s To Walmart’s SupplyChain Management Excellence over the Year. ” Walmart states early on.
Approximately 60 percent of today's unfilled manufacturing jobs are due to a shortage of applicants with sufficient proficiency in science, technology, engineering, and math ( STEM ) skills. IMPO Executive Editor, Anna Wells provides insights into the complicated issue in her article “Why The Manufacturing Skills Gap Is Serious”.
When reviewing strategy decks for supplychain teams, I often see statements like “move from a functional-silo’d focus to a drive a more holistic response.” Companies became less clear on the definition of supplychain excellence and how to implement decision support technologies.
What do H&M and Whirlpool know about supplychains that many of their competitors don’t? It is that world-class supplychains embody world-class brands by delivering to the customers the promises made and stories told by their marketing departments. If there is a mismatch, look to your supplychain to find out why.
of total tech investments in 2012 to 1.37% in the first half of 2014. We’ve rounded up the top 20 logistics technology innovations changing the way over $18 trillion dollars of goods are shipped annually. Here we go: Technology Innovations in Logistics. SupplyChain Quarterly , from Lew Manci @CrownEquipment ].
“Managing supplychain and logistics has never been more significant and challenging since the outbreak of COVID-19 that created a new norm with high uncertainty and enforced an inevitable shift”. Logistics and supplychain management is a rapidly evolving field.
Over the course of the last two years, we at SupplyChain Insight s have worked on a methodology to gauge supplychain improvement. We named it the SupplyChain Index. We have found that supplychain metrics are gnarly and complicated.During Background on the SupplyChain Index.
Supplychain management is a team sport. Just as there are many flavors of sports teams, there are many types of supplychains. The supplychain is also a team sport needing clear goals, rules, and coaches. When a company attempts to automate processes without clarity, problems ensue.
When I started my business in 2012, I frequently wrote about the future using the moniker of SupplyChain 2020. We had just recovered from a recession, and my goal was to help supplychain leaders create a better supplychain by the end of the decade. My focus was simple. I was wrong. The reason?
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.
But 2012 is an extra-special year; it carries heavy historical baggage chock full of dire predictions. Nostradamus painted a bleak picture of massive destruction and mayhem brought about by a comet in 2012. In the tradition of David Letterman, (in no particular order) let’s hit the Top 10 SupplyChain Predictions for 2012.
Manufacturers are set to invest up to $70 billion in the Industrial Internet of Things ( IIoT ) by 2020, reports John Greenough of Business Insider. Previous Applications of the Industrial Internet of Things in Manufacturing. Previous applications of the IIoT in manufacturing have led to a savings of 12 percent across the industry.
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. dollars) in 2012 – a 9.9% But it’s not just limited to large corporations. Global 3PL revenues grew to $676.9
A large multinational is undergoing an impressive supplychain transformation that will run through 2023. A Complex SupplyChain. Not surprisingly a company this big, delivering different solutions to a variety of industries, has a complex supplychain. Comand and Control Center Application from Kinaxis.
No one knows, but in my discussions, business leaders agree that Artificial Intelligence (AI) is here, and the projected impact on supplychaintechnology looms large sending the industry into very different gyrations. The industry first started speaking of digital in 2012, but today, it is still an amorphous concept. (My
This week, I will speak at Llamasoft’s conference on improving supplychain network design. One of the reports that I am writing is on the state of SupplyChain Planning (SCP). In the recent study of the Voice of the SupplyChain Leader , we find that the gaps are large, and growing.
“We live in a world where supplychains, not companies, compete for market dominance. But companies often have diverging incentives and interests from their supplychain partners, so when they independently strive to optimize their individual objectives, the expected result can be compromised. ”. What Is Value?
Last week in the middle of a presentation, a supplychain leader made the statement, “We have solved the issues in supply through better optimization and use of data. Many supplychain leaders are so convinced they know the answers that they have stopped listening and learning. The issue is demand.
Supplychain leaders are competitive and they want to measure their success. In many businesses, assets are a core part of the supplychain. The more work that I do on trying to understand corporate balance sheet information and the connection to supplychain excellence, the more I realize how unqualified I was to vote.
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.
Peggy was a speaker at the SupplyChain Global Summit. While many employers would have penalized the employees for tablet breakage , Peggy explored the world of wearables to enable her digital manufacturing transformation. The new tool had to be integrated into AGCO’s work environment. She had some exciting news.
Since 2012, The Manufacturing Institute has celebrated women in manufacturing with its STEP (Science, Technology, Engineering and Production) Ahead Awards, which recognize women in manufacturing who exemplify leadership within their companies. While women make up about 47 percent of the U.S.
Despite the significant amount of effort involved in going from running a business on Excel spreadsheets to implementing an enterprise resource planning (ERP), they are very grateful that their efforts to improve their supplychain agility were underway when the pandemic hit. The Peet’s Coffee SupplyChain.
We LOVE how they’re embracing technology to change logistics and improve the end-user’s life. Supplychain platform matching drop-ship retailers, manufacturers, distributors and freight forwarders. Freight marketplace software matching shippers and trucking carriers, thereby eliminating freight forwarders.
ChainLink Research and SupplyChainBrain just released “ Business Priorities 2012 – Research and Results ” which takes a look at where companies will invest in the coming year. And yet, our respondents do expect business expansion and intend to invest to make it happen in 2012.”
At the conference, I was fortunate to see a presentation from Brent Wilson, Senior Vice President of Global SupplyChain at Qualcomm. As Brent mentioned in his introduction, it has been a challenging few years for semiconductor manufacturers. Qualcomm uses the Kinaxis Rapid Response solution for concurrent supplychain planning.
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.
A warehouse is not a warehouse and a supplychain is not a supplychain. As complexity increases, manufacturers and distributors are seeking new ways to optimize customer service requirements and stem rising labor costs. The processes are maturing and the technologies are increasing in capability.
by John Westerveld Over the years, working for and with numerous manufacturing companies, I’ve seen many supplychain practices that cost companies money. Reason #3 Not having end-to-end supplychain visibility. Reason #4 Making key decisions by modelling the supplychain in Excel. That was carrots.
E-commerce defines the state of global supplychains today. As Amazon continues to push toward dominance of all sales channels, more companies must tap into the power of automation to fulfill more orders. Distribution center robots are a force in the Amazon powerhouse, reports the Association for Advancing Automation.
In 2012, I published an article on Sales and Operations Technology (S&OP) Maturity. (I The report centers on the concept of moving from inside-out to outside-in technologies. An outside-in model requires a redefinition making today’s supplychain planning technologies legacy investments.
Data sits–examples include images, map and location data, sentiment, telematics, warranty, and weather– on the doorstep of manufacturing companies and retailers. Supplychains respond. Supplychain business networks need an overhaul. Today’s supplychain is sick. They do not sense.
Data sits–examples include images, map and location data, sentiment, telematics, warranty, and weather– on the doorsteps of manufacturing companies and retailers. Supplychains respond. Supplychain business networks need an overhaul. Today’s supplychain is sick. They do not sense.
Warehousing is an essential part of the global supplychain. Retailers, manufacturers, and distributors own more warehouses than 3PLs. The previous survey had been in 2012, and the compound annual growth rate in the number of warehouses over that time was 4.0%. Their last survey was in 2018.
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