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While most people are homebound during the COVID-19 situation, many are still on the frontlines. Essential workers don’t just include hospital staff. This classification extends to the manufacturing facilities and personnel keeping us fed and supplied. These individuals are ultimately helping to turn the tide in the global pandemic. Doing more with less is more critical in manufacturing than ever.
Learn about: What the “bullwhip effect” is How it affects your supply chain How to prevent it. What will happen if a person who is holding a long whip gives it a little jolt at the handgrip? A motion will be initiated in the area near the handgrip. This motion will keep on increasing as we go towards the other end of the whip, with it being minimal at the handgrip.
Digitalization is accelerating the pace of business and transforming global supply chains. In a freewheeling discussion at the ARC Industry Forum in Orlando, I spoke with Richard Howells, Vice President Marketing Digital Supply Chain at SAP about the trends, customer expectations, the challenges, and imperatives of digital transformation in the supply chain.
Organizations across the globe continue to rethink their supply chain strategies, and as a result, more mergers and acquisitions are reshaping the way in which supply chains handle final mile logistics. For some, an acquisition offers the opportunity to enter the final mile space and deliver more e-commerce packages, but others may experience losses in.read More.
Product lead time is crucial in the life sciences industry and represents a key consideration for customers’ purchasing decisions. For this reason, BD Biosciences aimed to optimize its global supply and distribution network to reduce delivery lead time to customers and optimize its global inventory. How was BD Biosciences successful in reducing global distribution lead times between 30% and 60% in addition to: Increasing agility to prioritize urgent and ad-hoc customer requests Increasing global
This article was originally posted on the SIG blog. If you’re interested in reading more on leadership in sourcing, the future of work or just want to learn more about SIG, feel free to subscribe at sig.org/subscribe. Business today isn’t business as usual, as the COVID-19 pandemic impacts organizations and supply chains across the globe. And in uncertain times such as these, leaders in every industry and business function must step up.
Anyone who has traveled by air is familiar with control towers. Personnel manning airport control towers ensure aircraft on the ground and/or approaching from the air operate safely. To ensure safe operations, control tower personnel need to know the location and intention of each aircraft. When the move toward supply chain digitization began, the control tower analogy seemed like a natural step in the process.
Anyone who has traveled by air is familiar with control towers. Personnel manning airport control towers ensure aircraft on the ground and/or approaching from the air operate safely. To ensure safe operations, control tower personnel need to know the location and intention of each aircraft. When the move toward supply chain digitization began, the control tower analogy seemed like a natural step in the process.
As fashion retailers are reopening around the globe and getting back to business, the need for more strategic pricing capabilities to improve the bottom line is becoming a clear need versus a want. After dealing with several months of uncertainty, the importance of technology to alleviate the disruptive effects on the supply chain and adapt to changing customer buying patterns has never been clearer.
As the COVID-19 pandemic developed, global shipping has seen disruptions across the board. As a result, many carriers have instituted additional surcharges and overall changes in order to cope. Back in early April, FedEx announced additional surcharges to a variety of services due to COVID-19. Starting at the end of May, they will increase some of those surcharges.
How does Machine Vision work? Software and hardware combined work to make MV systems possible. The purpose of all its capabilities is to grant machines the power of vision aiming to imitate human sight. But devices need to go through the process of acquiring, analysing and understanding images.
Robots are a cornerstone of a smart factory, automating a wide range of manufacturing tasks that are monotonous, physically straining, or even hazardous. However, real-world robotics deployments have not lived up to the revolutionary potential the industrial sector had originally envisioned. Robot implementations are typically confined to specific applications, carry high costs, and are time-consuming.
eCommerce has emerged to be the backbone of global retailing in the past decade and eCommerce sales have reached a booming $2.3 trillion, worldwide. From global giants to single-store owners, retailers prefer eCommerce as a leading sales channel to reach out to their customers and increase sales. At this perspective, cost management remains an important matter of concern to stay ahead in the competition and to remain successful in the eCommerce arena. eCommerce being a technology-backed way of s
Collaboration is perhaps the most widely discussed and recognizable topic in the modern supply chain. Used properly, collaboration enables better procurement, efficient shipment management, transparency, proactiveness, improved customer experience around delivery, and a team prepared to handle reverse logistics management. Yet the idea of collaboration in supply chain systems is at risk.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Supply Chain Carbon Footprint Reduction Strategy. Article and permission to publish here provided by Andrea Martin. Sustainable packaging is the type of packaging that reduces its environmental footprint over time. In simple words, sustainable packaging is entirely for the businesses to reflect these values for the sake of the environment as well as for their brand.
Beginning in 2015 the National Academies of Sciences, Engineering and Medicine led a standing committee to inform Strategic National Stockpile (SNS) decision-making. This committee included “…state and local public health officials, representatives of medical manufacturing and distribution companies, logistics managers, representatives of emergency medical services and emergency medicine practitioners, and experts in relevant fields, such as risk modeling and Food and Drug Administration (FDA) r
Recessions bring hard times. It’s painful to think back to the last recession and financial crisis, which wasn’t that long ago, with all of the damage it caused. Now, we’re on the verge of another recession. The COVID-19 pandemic has caused a worldwide economic downturn practically overnight, causing small businesses and established companies to be at risk of shutting down, even permanently.
Promo Planning software reduces risk and helps improve performance of CPG and retail promotions BOSTON (May 21, 2020) ToolsGroup, a global leader in supply chain planning software, today announced the launch of its promotion planning software, Promo Planning, which simplifies and streamlines promotion optimization for retail and consumer products (CPG) companies.
The $53 trillion manufacturing economy in the US is undergoing a major automation paradigm shift due to Artificial Intelligence (AI). Thanks to new practical frameworks, automation projects that were once impossible or inefficient to implement are now being fast-tracked, and robotics automation is becoming increasingly relevant to a growing number of users and scenarios.
“Adaptation is critical,” said Eddie Capel, Manhattan Associates’ CEO, in his opening comments yesterday at Manhattan Momentum Connect 2020. He was referring to companies and their supply chains, especially in light of the challenges and disruptions caused by COVID-19. But Manhattan Associates, like others in the industry, has also had to adapt to current realities, Read more Adaptation is Critical (Takeaways from Manhattan Momentum Connect 2020).
Since the beginning of the COVID-19 outbreak, online sales have continued to surge, as […]. The post AMA With Flexe: Turning Supply Chain Disruption Into A Retail Opportunity appeared first on Convey.
If you’ve ever tried buying anything online- be it homeware, hardware, kitchenware or any other type of “ware” chances are your search results included items listed on online retail giant Amazon.
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
Today’s cars are undergoing changes as dramatic as anything in their century-plus history. Electrification is coming, hand-in-hand with autonomous driving capabilities. Automakers are developing some of these capabilities themselves but others, especially in the self-driving realm, are being pushed by companies like Veoneer. Spun off from auto parts giant Autoliv in 2018, Veoneer is a leader in both passive and active safety technology.
Xero is a global leader in cloud-based accounting solutions. With over a million subscribers using their platform, Xero is the accounting software of choice for many small and medium sized businesses globally.
Today’s cars are undergoing changes as dramatic as anything in their century-plus history. Electrification is coming, hand-in-hand with autonomous driving capabilities. Automakers are developing some of these capabilities themselves but others, especially in the self-driving realm, are being pushed by companies like Veoneer. Spun off from auto parts giant Autoliv in 2018, Veoneer is a leader in both passive and active safety technology.
With 35 years of experience to its name QuickBooks is still dominating the game when it comes to providing accounting solutions to small and medium sized businesses across the globe.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
Out of the coronavirus pandemic will emerge a new digital society status quo — one that will accelerate major technological advances that are already underway.
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