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I laugh when business leaders tell me that they are going to replace their current supplychain planning technologies with “AI.” Each supplychain planning technology at the end of 2024, went through disruption–change in CEO, business model shift, layoffs, re-platforming and acquisitions.
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.
Today, supplychain excellence matters more than ever. During the pandemic, the supplychain discussions take new importance. While the supplychaintechnology market lost its allure at the start of the last decade, it is now cool again. The supplychain career is new. Reflection.
That’s why staying on top of the latest supplychain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supplychain planning.
These podcasts bring the latest news and thought leadership in the supplychain and logistics industries right to your earbuds. If you’re looking to increase your podcast listening , here are five that highlight topics of interest to supplychain and logistics professionals. 5 supplychain and logistics podcasts.
Last week was the SupplyChain Insights Global Summit. 110 supplychain leaders attended. In preparation for the summit, we readied the final report of the work on translating balance sheet results into a methodology to judge SupplyChain Excellence. A big bang technology focus has not worked.
I use this example to illustrate the challenges (or, perhaps, the futility) of making supplychain and logistics predictions. So, here is my invented future for 2015, starting with my most audacious prediction: Google will acquire a logistics service provider (3PL) and/or a logistics software vendor. The Google TMS?
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.
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.
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. At the time, the popular belief was that Enterprise Resource Planning (ERP) technologies would build multi-tier capabilities.
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.
Two recent disasters in the garment industry, the Tazreen Fashions fire (2012) and the Rana Plaza building collapse (2013), have caused outrage over the lack of social responsibility across global supplychains. It is time to become serious about socially responsible supplychain management.
I recently received this year’s Global SupplyChain Survey by PricewaterhouseCoopers (PwC). Practice Performance Report SupplyChain Management SupplyChain Sustainability Trend' Most of these results are in line with my own observations. Most of these results are in line with my own observations.
What makes or breaks a new technology in manufacturing? The answer lies in how employees respond to the technology, how it benefits overall production value and if it can be leveraged directly to protect the business and consumers simultaneously. Advanced Robotics and Automation Have Boosted Production and Distribution.
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.
Last week at the Ariba LIVE 2013 conference, I led a discussion session titled “At the Intersection of Social and Business Networks” with about fifty senior executives in supplychain and procurement. I completely agree, as I outlined in “ Facebook Graph Search, Through a SupplyChain Lens ” earlier this year.
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?),
In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. When Covid-19 hit, supplychains across the globe nearly came to a halt.
Meanwhile, the Red Sox won the World Series in 2013, going from worst to first in one year — and then back to worst in 2014. Several customers addressed those questions in excellent case study presentations: Dr. Bernhard Herzog, Oxea GmbH – “Business Impact of a SupplyChain Operating Network”.
She cannot count the number of SCM software acquisition announcements that promised 1+1=10. Very few software acquisitions reach their potential. The supplychain management market is troubled and needs some excitement. This licensed software offering was purchased at slightly under 3X revenues. The race is on.
If you want to gain more supplychain analytics knowledge, you’re in the right place. We’ve compiled a list of 10 great supplychain analytics books to help you better understand the concepts and strategies behind this vital business field.
2013 Trends and Strategies in Logistics and SupplyChain Management: Embracing Global Logistics Complexity to Drive Market Advantage. The key results of this study by BVL International on trends and strategies in logistics and supplychain management are summarized, as follows. Key Trends.
”[2] It’s a question with which supplychain professionals have been wrestling for months. Bowman seems to think supplychain professionals should have been better prepared. ” Sidelining the supplychain in flush times is a bad idea. According to business writer Laura V.
Last week, a well-made special report by Raconteur, titled SupplyChain 2015 (pdf), was distributed in The Times of London. Other topics covered by the report are, among others, strategic procurement, top technologies, demand prediction, sustainable supplychains and cross-border delivery.
The average SupplyChain management professional measures their SupplyChain by reviewing cost reduction. Is cost reduction all that there is in measuring SupplyChain performance? 3 Key Metrics for Measuring SupplyChain Performance Beyond Cost Reduction. Isn’t time important?
However, this mature team found the technology insufficient. Despite the deployment of what is considered to be the most mature technologies by the organization, the most important processes–allocation and Available to Promise (ATP)–are largely manual. One of the most advanced teams was a division of DuPont. (At Measure it.
From tech giants to manufacturing leaders, the top 10 CEOs in the supplychain industry have blazed a trail of success. The Top 10 CEOs Who Have Worked As SupplyChain Professionals 1. Tim Cook Tim Cook, the CEO of Apple, has a background in operations and supplychain management. Don’t forget!
CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. This is also another example of how the lines between 3PLs and technology companies continue to blur. Con-way Truckload and Con-way Multimodal Join Forces to Launch New Intermodal Service for North America.
One of the SupplyChain Management trends apparent at the Gartner SupplyChain Executive Conference in May was highlighted by several vendor/customer presentations focused on the value of Collaboration and Visibility projects. Allow the global procurement organization to consolidate resources and become more efficient.
We are pleased to continue our 2021 fire-side chat series with key people in the supplychain industry, and it is with particular pleasure to catch up with Stuart Whiting, Senior Vice President, Global SupplyChain, Logistics & Planning at Schneider Electric, based in Singapore but with a global functional responsibility.
Uncertainty around federal and state policy changes poses a significant challenge for procurement leaders across all types of higher education institutions. Since 2013, higher education R&D has grown at an average compound annual rate of 5.0% These could be amended, scrapped or introduced by current and future administrations.
The shipping industry has an abysmal history when it comes to caring for the environment: as an example, reports are indicating that container ships built as late as 2013 were, on average, 10% less fuel-efficient than those constructed in the 1990s. Container shipping is crucial to the expansion of supplychains and, therefore, global trade.
Supplychain professionals are like the military’s special forces. According to Steve Geary, President of the SupplyChain Visions family of companies and Chief Operating Officer at ROSE Solutions, logistics is the key tool in the supplychain professional’s kit. .” ”[2].
2013 has certainly been an interesting year! I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list.
Supplychain management (SCM) sounds like a straight-forward topic; nevertheless, numerous articles have been written on the subject explaining what it is and what it isn’t. ”[1] How important is supplychain management? .”[1] ”[1] How important is supplychain management?
I’d welcome the opportunity to meet with supplychain executives to discuss your research questions and objectives for the coming year, and with technology companies and 3PLs to get an update on your products and services. Outlines New Developments in Omnichannel Strategy and Technology. A technology company?
The bottom line is that network connectivity is not a core competency for many companies, which is why software-as-a-service (SaaS) solutions, which come with a built-in network of carriers and trading partners, have been gaining traction in the industry (see my recent conversation with Evan Puzey from Kewill on The Network Effect in TMS ).
Today, fewer and fewer supplychain professionals make the event. To make the event profitable, SAP Insider now combines supplychain, customer relationship management, human resource management, and product life cycle management. I remember attendance for the supplychain event was 5,000. It worries me.
The modern supplychain is mind-boggling. Multinational enterprises deal with a dizzying array of paperwork involving procurement deals, purchase orders, shipping data, etc. Much of that “paperwork” is now done electronically, which is why consultants are increasingly touting the benefits of the digital supplychain.
According to the American Trucking Association, this is happening in an industry that already faced an average annual driver turnover rate of 99% in 2013, as well as hiring and training costs that range from $3,500 to $5,000 per driver, depending on experience.
Subscribe to SupplyChain Game Changer. The Mask SupplyChain! Medical Device SupplyChain article and permission to publish here provided by Claire Glassman. Some manufacturers have appealed for higher transparency so the burden of liability would be shared across the supplychain.
Supplychain managers probably come as close to being generalists as anyone in the business field. They need a general understanding of everything from procurement of raw materials to customer service. 1] The more complex businesses become the more important supplychains are. Connecting supplychain dots.
DSV Solutions, Districon, Nyenrode Business University and SupplyChain Magazine have developed an online assessment that can be used as a practical tool for determining both the current situation and the ideal one, and which provides users with company-specific advice. By Martijn Lofvers. I accept the Terms & Conditions.
Bottom line: Machine learning makes it possible to discover patterns in supplychain management data by relying on algorithms that quickly pinpoint the most influential factors to a supply networks’ success, while constantly learning in the process. How Machine Learning Is Redefining SupplyChain Management.
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