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As part of my personal and professional development, I’ve been participating in our book club at Lucas Systems over the past several months. We’ve read and discussed some fantastic and thought provoking books. One of the most recent, “ The Goal ,” by Eliyahu Goldratt and Jeff Cox, suggested by our CEO, really got me thinking about the book’s centering theme, the Theory of Constraints, it’s applicability to my area of expertise, software development, and how it can also be applied to processes in
In April 2023, one of our Indago members — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — submitted the following question: “We see the future of transport moving toward electric and autonomous vehicles. However, ownership, energy sources, and labor relations will change drastically versus the current market structure.
This week, I attended the Consumer Goods Forum in Chicago. The networking was great. My takeaway is a serious concern by attendees on the impact of SAP RISE on global supply chains. Here I share observations and take aways. Definition: “The RISE with SAP offering includes an AI-powered cloud ERP that’s managed and optimized by SAP. It provides services and tools built on the clean core approach by SAP, so you can migrate on-premise systems, transform business processes, drive contin
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
Promotions are a critical part of the retail strategy, yet many fail to deliver the expected results. The key to success lies not just in the execution but in a strategic approach to planning, optimizing, and learning from each promotion. Over the last several weeks, we’ve explored discounting in a promo-saturated market, highlighted the importance of aligning pricing and discounting strategies, unraveled the complexities of markdowns versus promotions, and delved into the role of allocati
Chris Jones, Executive Vice President, Industry at Descartes shares insights and advice from a research report published by Descartes titled, “What Are Companies Doing to Survive the Supply Chain and Logistics Workforce Challenge?” Podcast version (click to play): The post [Video] Labor Shortages: What Are Supply Chain and Logistics Companies Doing to Survive the Challenge?
Chris Jones, Executive Vice President, Industry at Descartes shares insights and advice from a research report published by Descartes titled, “What Are Companies Doing to Survive the Supply Chain and Logistics Workforce Challenge?” Podcast version (click to play): The post [Video] Labor Shortages: What Are Supply Chain and Logistics Companies Doing to Survive the Challenge?
I recently attended a Supply Chain conference, where it became clear that we, industry professionals, have been terrible predators – criminals. Over the past 4 decades, we have relocated production to distant countries, skillfully built up long and complex supply chains, and multiplied transport volumes and the associated carbon emissions. Forbes recently published an article.
It's not just Brexit that's driving the trend. U.K. companies are increasingly eager to boost risk management, control over products, sustainability credentials and staffing.
By Mike Bronson (pictured) Content Writer The post Smart Contracts & Blockchain: Enhancing Transparency & Efficiency with Digital Currency Platforms appeared first on IT Supply Chain.
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.
LogiNext's Transportation Management Software revolutionizes CPG supply chains by optimizing routes, improving load utilization, and enabling real-time tracking. This technology reduces emissions, enhances sustainability, and meets consumer demand for eco-friendly practices, ensuring long-term business success. The post Reducing Environmental Impact in CPG Supply Chains with Smart Transportation Management Software appeared first on loginextsolutions.com.
QAD Advanced Scheduling , powered by Phenix, helps manufacturers improve productivity and accelerate factory performance. The solution optimizes production decisions by determining what products to make on each line in the best possible sequence to minimize changeovers, optimize inventory, and align cash, cost and service goals. To improve competitiveness and profitability, manufacturers are looking to technology to help become more efficient, agile and resilient.
Powering the Digital Factory Future: Integrating an Increasingly Vast Set of Tools Reliably to Power Your Hardware Operation Full transcript below: Amy Bryson Hello and welcome to another SME Media webinar. I’m Amy Bryson, Contributing Lead Editor of Smart Manufacturing Magazine. Today, we will explore Powering the Digital Factory Future: Integrating an Increasingly Vast Set of Tools Reliably to Power Your Factory Floor.
A warehouse management system (WMS) is a powerful software tool that can help improve warehouse efficiency and reduce the cost of holding inventory. WMS solutions are designed to optimise how a storage facility operates – from capacity utilisation to stock control – while making staff more productive. This guide will teach you everything you need to know about warehouse management systems, including how they work, the different types of warehouse software, and key features to look for.
Achieving Decarbonization: How ProGlove Reduces Its Carbon Footprint With Arena + Yook Full transcript below: Amy Bryson Hello and welcome to another SME Media webinar. I’m Amy Bryson, Contributing Lead Editor of Smart Manufacturing Magazine. Today, we will explore Powering the Digital Factory Future: Integrating an Increasingly Vast Set of Tools Reliably to Power Your Factory Floor.
BR Williams, a leader in transportation, warehousing, and logistics, hosted its 3rd Annual Forklift Safety Event for National Forklift Safety Day. This event underscored BR Williams’ dedication to promoting a safe work environment and honoring those prioritizing forklift safety training. BR Williams, a recognized leader in the transportation, warehousing, and logistics industry, proudly announced its 3rd Annual Forklift Safety Event , held in conjunction with National Forklift Safety Day.
Here’s the thing about the Food & Beverages (F&B) industry: Pricing your products isn’t just about covering costs and achieving target profits. It’s also about staying competitive and retaining loyal customers in a market that is always in flux. Your products have a shorter shelf life. Demands fluctuate wildly. Customer preferences vary widely.
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.
In my last Post & Article I presented a new Route to Market (RtM) model, the aim of which was to bring together our RtM work in the last 5 years or so.
Finding the right 3PL provider to perform and manage your beer, wine and spirits logistics operations can be a daunting task. Mistakes in this industry can be costly and damage your reputation with customers. In this article, we’ll examine the 3 most common mistakes that 3PL providers make when handling these sensitive products.
“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.
Celebrating the bold leaders who disrupt markets, revolutionize industries and transform lives QUINCY, MA., June 13, 2024 – Ernst & Young LLP (EY US) today announced that Stephen Aborn of FreightPlus was named an Entrepreneur Of The Year® 2024 New England Award winner. Entrepreneur Of The Year is the preeminent competitive awards program for entrepreneurs […] The post EY Announces Stephen Aborn, CEO of FreightPlus as an Entrepreneur Of The Year® 2024 New England Award Winner appeared f
Organizations are inundated with demands for becoming sustainable. How do they achieve that goal when resources are constrained? Laura Rainier, senior director analyst with Gartner, explains.
Precoro presents our latest series of product updates. Please feel free to explore at your leisure or navigate directly to the updates that most interest you: Precoro’s new mobile app for IOS and Android The ability to create service orders from PRs New receipt to PO matching function Custom document forms for service orders Mass rejection feature for pending documents Currency change for custom invoices and POs Simplified tolerance limits The ability to show invoice attachments when crea
Manufacturers are making strides to reduce their plastic footprint. But those seeking to shrink plastic usage can find it difficult to budget, forecast and make nimble decisions.
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
In a February interview on CBS’ “60 Minutes,” Federal Reserve Chairman Jerome Powell acknowledged, “People are experiencing high prices. If you think about the basic necessities, things like, you know, bread and milk and eggs and meats of various kinds, if you look back, prices are substantially higher than they were before the pandemic.
The new terminal — which is still in the federal permitting process — is expected to open in 2028, and will accept as many as 280,000 containers each year.
This blog post was written by Wayne Snyder, Vice President, Industry Strategy – Retail EMEA, and Gael Ramaen, Corporate Vice President – EMEA. Both are avid football (also called soccer in other parts of the world) fans and will be cheering on their respective teams at the 2024 European Championships. Beginning tomorrow, June 14, 2024, more than 2.7 million football fans will converge on stadiums across Germany for the European Championships, held every four years.
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