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SupplyChain & Logistics News Round-Up (October 7th – 11th) This past week, I’ve been playing tourist in London, one of my favorite cities in Europe. In the context of supplychains, I found the exhibit fascinating and saw that the obsession with foreign objects has persisted throughout history.
Blue Yonder continues to demonstrate its commitment to sustainability with its latest acquisition of a UK-based Pledge Earth Technologies (Pledge). Pledge provides supply teams and logistics providers (LSPs) with accredited emissions measurement and reporting capabilities.
SupplyChain & Logistics News December 2nd – December 5th Experts claim that Cyber Monday the Monday following Thanksgiving is one of the busiest days for deliveries followed by the Mondays leading up to Christmas. As the demand sees no end and trade wars wage on, the future of the supplychain will not come without hiccups.
Duncan Angove, CEO Blue Yonder Blue Yonder , is one of the largest providers of supplychainsoftware. Business Update Mr. Angove characterized fiscal 2024 as a solid year. In the fourth quarter, we delivered the second largest software bookings in the history of the company. This business was up 5x year-over-year.
All supplychain vendors seek to position themselves as leaders in supplychain AI. The current AI landscape can be viewed as a series of wars,” where companies and organizations are battling for dominance across various technological and market battlefronts. But there is a larger AI ecosystem.
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.
QKS Group , a global advisory and research firm, evaluates vendors for its SPARK Matrix™ based on two key criteria: technology excellence and customer impact. We are honored to be recognized by QKS as a technology leader in their analysis of the retail and supplychain markets,” said Inna Kuznetsova, CEO of ToolsGroup.
My head is wobbling with announcements, late-night Friday press releases, company name changes, and executive turnover in the supplychain planning market. The latest round was $10M on January 11, 2024. The game of musical chairs is active as supplychain talent shifts between SAP/Blue Yonder/Kinaxis and o9.
Hosted at the Gaylord in Nashville the week harnessed the theme of machine speed and precision across connectedsupply chain processes. Supplychain modernization must occur in todays digital-centric world. The past approach of limited, incremental improvements is not sufficient for today’s supplychain needs.
In 2025, two ownership transition strategies are taking center stage in the manufacturing and supplychain sectors: strategic mergers and acquisitions (M&A) and employee stock ownership plans (ESOPs). In the supplychain and industrial services sectors, succession planning is now one of the top drivers of M&A activity.
October 14th – 18th 2024SupplyChain & Logistics News Yesterday, I landed back in the States from my autumn getaway. These efforts aim to support Amazon’s operations with clean energy while advancing nuclear technology.
In a keynote session at LogiCon24 , one of the speakers, Rachel Wilson, spoke in detail on tactics to supplychain cybersecurity risk mitigation. Patch & Update Devices: Softwaremanufacturers are constantly discovering new flaws, bugs, and weaknesses in their code. They also count on you to be unprepared.
For the past few years, the news has been filled with stories about supplychain disruptions, supplychain fragility, and the need for supplychain resilience. A term once prominent in supply discussions optimization isn’t heard quite as often as it used to be.
Manhattan joins a select group of supplychainsoftware suppliers generating over $1 billion in annual revenue. The company also sells supplychain planning and transportation management solutions. In 2024, their supplychain planning solution was added to the platform.
Discover the top supplychain disruptions of 2024 and other significant supplychain trends from Resilincs exclusive data. The supplychain landscape in 2024 was characterized by significant transformations and challenges, with resiliency as a key theme across all industries.
It is worth noting that the major damage to interstate highways from Hurricane Helene in September 2024 took more than five months to repair. In 2024 alone, the billion-dollar damage mark was exceeded by 27 weather-related disasters in the U.S., history was the response to Hurricane Helene in September 2024. The largest U.S.
Technology can change or even improve work. Companies today making a fundamental mistake: they are attempting to automate current processes with AI versus challenging and redefining work. Today, in supplychain planning, this could not be further from reality. What’s missing? This bearish attitude is well-founded.
The transportation, logistics, and energy storage sectors are undergoing profound transformation, driven by rapid technological advancements, evolving consumer expectations, and the global pursuit of sustainability. In 2023 alone, over $100 billion was invested in EV and battery supplychain M&A deals.
Last week, a team from Blue Yonder attended the 2024 Gartner ® SupplyChain Planning Summit in London. We believe, advanced technology was in the spotlight, as intelligent decision-making in the modern landscape means ingesting huge volumes of data and conducting rigorous analysis, quickly.
In a keynote session at LogiCon24 , one of the speakers, Rachel Wilson, spoke in detail on tactics to supplychain cyber security risk mitigation. Patch & Update Devices: Softwaremanufacturers are constantly discovering new flaws, bugs, and weaknesses in their code. They also count on you to be unprepared.
At ToolsGroup, we provide cutting-edge AI and machine learning solutions to enhance supplychain resiliency and efficiency. Belcorp: A SupplyChain with Countless Moving Parts Belcorp is a beauty corporation with a mission to provide beauty products that answer to a variety of individuals’ needs.
Even before the Covid-19 pandemic disrupted global supplychains and upended the global economy, supplychain experts insisted that supplychain resilience was essential. There is a] need to prepare supplychains not only to survive, but to thrive in chaos.”[1] The reason?
Self-congratulations notes abounded this week as vendor-after-vendor shared their rankings on the Gartner Magic Quadrant for SupplyChain Planning. I believe that the Gartner Magic Quadrant is a barrier to progress in supplychain planning, and that vendors that rally in support have a false sense of superiority.
Why can’t we put the same energy that we put into inventing new words, tossing around acronyms, and parading on a stage to advocate for maturity models to improve supplychains? Supplychain concepts follow hype cycles. They both exist in supplychain circles. Do we have the right narrative?
ToolsGroup’s advanced supplychain planning and optimization suite will be instrumental in refining our inventory management strategy and enhancing our competitive edge. This partnership underscores ToolsGroup’s dedication to delivering cutting-edge technology that drives tangible business results in challenging markets.”
” Dragons are a good analogy for the risks faced by supplychains. No one can say for sure what dragons lie ahead in 2025 for supplychains, but some risks are known. Navigating this years looming risks to build a secure supply network has never been more critical.[1] ”[3] Climate Change.
” The marriage of artificial intelligence and digital twin technology is truly transformative. ”[2] Company executives now understand that being able to test scenarios and strategies that can help them successfully navigate todays volatile supplychain landscape is crucial. Myth 4: Digital twins are expensive.
Even prior to early April, a casual observer of todays ever-changing geopolitical landscape might have concluded that global supplychains are shrinking and that business collaboration is waning. Enlightened business leaders know, however, that global supplychains remain important. million worth of Canadian components.
BOSTON February 3, 2025 ToolsGroup , a global leader in supplychain planning and retail optimization software, today announced it has been positioned as a Leader in the IDC MarketScape: Worldwide SupplyChain Planning for Spare Parts/MRO Industries 2024 Vendor Assessment (Doc ID #US51541424, December 2024).
Implementing new technologies is the top strategic priority among the 671 supplychain leaders interviewed by Blue Yonder for their 2025 SupplyChain Compass , and it is a goal they are highly confident in achieving, however, digging into the report reveals legacy technologies and data structures might hold them back in these ambitions.
New solution debuting at NRF 2025 reduces stockouts and markdowns, driving profitability BOSTON January 13, 2024 ToolsGroup , a global leader in retail and supplychain planning and optimization software, today announced the launch of Inventory.io, an AI-powered solution designed to simplify inventory management and enhance profitability.
While the Inflation Reduction Act (IRA) offers powerful incentives to build a domestic clean energy supplychain, a concurrent strategy of imposing steep tariffs on imported components, particularly from China, is creating a policy paradox. In 2024, the tariff on Chinese EV lithium-ion batteries rose from 7.5%
An interest group of the Singapore-based Logistics & SupplyChain Management Society (LSCMS), the Shippers Council is a professional association that counts members from organizations with a vested interest in logistics, including end users, technology and service providers, government and academia.
Uncertainty is a constant factor influencing supplychain operations. In response, many supplychain leaders consider pausing digital transformation initiatives to minimize risk. This lack of real time information causes slow reactions to supplychain issues, allowing minor problems to escalate quickly.
The combination of SAP agent technologies and Databricks data fabric solution, sets the stage for end-to-end enterprise orchestration. Every ten years or so, there is a technology that truly shakes up the enterprise and supplychainsoftware markets. Vendors that embrace the new technology take market share.
Subscribe Circular Economy in Chemicals: Collaborative SupplyChain Solutions! You might think it’s magic, but it’s actually the hard work of chemical import and export companies working behind the scenes to keep global supplychains ticking. Here are some ways technology is making a difference: 1.
Subscribe The SupplyChain Carbon Footprint Reduction Strategy! Infographic) In recent years, the focus on sustainability has become more crucial than ever, especially within the supplychain of appliance manufacturing. In the appliance sector, where production is energy-intensive, sustainability is especially key.
Industries dependent on these metals, including defense , renewable energy , electronics, and manufacturing, may experience supplychain disruptions, including delays, price increases, and supply bottlenecks, due to China’s leading role in their production. defense and technology. It is not clear whether U.S.
ToolsGroup invites NRF attendees to Booth #4043 to explore its retail planning technology, including the launch of Inventory.io, designed to help businesses prepare for the unknown in 2025. ToolsGroup also invites all NRF attendees to visit Lounge #4 to take a spin on ToolsGroups popular SupplyChain Wheel of Fortune.
At the forefront of this change is the circular economy – a framework that’s reshaping not just vehicle manufacturing but the entire automotive aftermarket. billion in 2024 to $41.02 Multi-Echelon Inventory Optimization (MEIO) : Ensures optimal inventory levels across all stages of the circular supplychain.
Orlando, FL – October 2, 2024 – E2open Parent Holdings, Inc. NYSE: ETWO), the connected supplychain SaaS platform with the largest multi-enterprise network, announced today at its annual Connect customer conference the release of its highly anticipated 2024 Forecasting and Inventory Benchmark Study.
Mobile inventory management is a digital solution that combines a mobile inventory app with cloud-based software to track, manage, and optimize inventory in real-time. Cloud software: Stores and distributes real-time data, producing reports accessible to all team members. Let’s get started! What Is Mobile Inventory Management?
Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. By fostering these relationships, businesses can ensure stable supplychains, consistent quality, and even access to supplier innovations.
The move amounts to a weaponization of the Periodic Table and highlights a strategic vulnerability that could disrupt defense and industrial supplychains. Exiger is the only company capable of identifying the holistic supplychain impacts of critical minerals from technical data packages.
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