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As a supplychain executive, picture beginning your day with a cup of coffee when a news alert notifies you of newly imposed tariffs affecting your primary suppliers in China. Companies leaning heavily on global sourcing? What Is Agile Procurement? Agile procurement is your lifeline.
Supplychain practitioners seeking the best way to speed decision intelligence, unify supplychain data, and increase operational efficiency can benefit from a supplychain data gateway. Here are 10 ways a supplychain data gateway can improve your performance across the end-to-end supplychain.
According to research by Ernst & Young LLP, the global consulting firm, as the Covid crisis recedes, supplychain executives are losing the strategic gains they made with their C-suite counterparts. 28% of supplychain leaders cite cost reduction as one of the top three priorities currently.
When one thinks of supplychain software vendors, the name InterSystems may not spring to mind. A supplychain data fabric can help companies augment their supplychain processes. They aim to achieve the same success in supplychain management that they have achieved in the healthcare sector.
Logistics Service Providers (LSPs) have a lot on their plate. In response to the growing complexity of the modern global supplychain, logistics service providers are embracing digital supplychain solutions powered by new IoT tracking technologies and data analytics.
For years, supplychains were engineered to be lean. Reducing cost was the primary objective, and most operational decisionsfrom sourcing to fulfillmentreflected that mindset. Lean models alone are no longer sufficient. Why Current SupplyChains Struggle The common failure points are not surprising.
Jack Fiedler, the vice president for digital transformation of the global supplychain at Lenovo Lenovo is ranked tenth by one leading analyst firm among a list of global companies with exceptional supplychains. During COVID, this more agile and resilient model allowed the firm to grow their market share.
Supplychain practitioners seeking the best way to speed decision intelligence, unify supplychain data, and increase operational efficiency can benefit from a supplychain data gateway. Here are 10 ways a supplychain data gateway can improve your performance across the end-to-end supplychain.
Supplychain teams face a similar dilemma – companies are overloaded with vast amounts of data, and the ability to sift through the noise and focus on relevant insights has become a critical capability. Decision-makers must operate with agility and speed, often orchestrating complex scenarios across vast supplychain networks.
It has led supplychain vendors to discuss how they currently use artificial intelligence. Further, virtually every supplier of supplychain solutions is eager to explain the ongoing investments they are making in artificial intelligence. When it came out, ChatGPT seemed like magic.
As vice president of supplychain and procurement, Mr. Wengert was brought in to drive change. Hospital chains’ approach to procurement lagged far behind the practices employed by manufacturers, retailers, and distributors. In many healthcare systems, the costs of these supplies and services were not closely examined.
Last year, many in the supplychain technology industry were warning companies all over the globe to prepare for the unknown. There is optimism around the corner, but a sunny outlook isn’t enough; it’s past time for supplychain leaders to transform their supplychains to become more agile.
Trade policies are constantly evolving, forcing companies to assess how these changes impact customer demand, supply networks, fulfillment strategies, and cost to serve. Supplychains need to be more agile than ever, yet much of the advice circulating in the industry remains high-level or less than ideal.
Why Transformation Is a Boardroom Priority Supplychain management is now a core strategic concern for business leaders. Companies that fail to modernize face supply shortages, revenue loss, and regulatory risks. The Shift from Cost-Cutting to Resilience For years, supplychains prioritized cost reduction over resilience.
Global supplychains have been tested repeatedly by a series of disruptive events, including the COVID-19 pandemic, U.S.-China Companies that previously prioritized cost-cutting and centralized sourcing quickly found themselves exposed to serious production and distribution risks. China trade disputes, and natural disasters.
Prior to 2020, every supplychain in the world was challenged by increasing levels of demand unpredictability and market volatility. The sudden onset of COVID-19 only reinforced a lesson that supplychain professionals had already realized: uncertainty is the only real certainty. The Road to Agility and Resilience.
Supplychains are entering the era of legal volatility sharkins Wed, 06/11/2025 - 11:22 The conventional assumption that tariffs are geopolitical risks is becoming outdated. The resulting strategic question for companies is: How do we build resilient supplychains when even the rule-makers are unstable?
Digital Twin from Infor Nexus Drives SupplyChainAgility. When it comes to driving supplychainagility there are several solutions that are important, but the key solution is a Multi-enterprise SupplyChain Network (MSCN). COVID of course taught companies the need for agility.
Increasing concerns over mass supplychain disruptions. Its a rollercoaster for logistics and supplychain leaders operating in global markets. Businesses are facing greater volatility as tariff changes wreak havoc on supplychains, operational costs, and overall profitability.
Having an effective supplychain practice has always been a difficult balancing act, even in relatively stable times. Many factors need to align for an organization to be able to source materials, produce a product and put it in the hands of customers. Gap between supplychain and procurement.
There have been extensive supplychain disruptions caused by the global coronavirus pandemic. These disruptions have elevated the supplychain function to the boardroom level. It is now understood that supplychainagility is imperative. What is a SupplyChain Collaboration Network.
Five years ago, we all thought the COVID-19 pandemic resulted in the most disrupted supplychain landscape we would ever see. Since then, supplychain disruptions and volatility have only increased. We were wrong. The Ukraine-Russia conflict is ongoing. Tensions flare in the Middle East without warning.
The Age of Agility: Building Resilience in the SupplyChain. Feature Article by Anthony Beavis, Managing Director APAC at Körber SupplyChain. Border controls, China’s zero-covid policy and global shipping costs and energy prices is putting increasing pressure on supplychains throughout the Asia Pacific region.
Many companies were in the midst of digitally transforming their supplychain when the Convid-19 pandemic hits. In this part 2 article, let us continue to explore the concrete actions we can take in our Digital SupplyChain journeys. Plan and Execute for Success.
Anytime you have a chance to talk to an executive vice president in charge of the global supplychain of a nearly $12 billion corporation, you know you will learn some things. Cameron Bailey, EVP of Global SupplyChain at VF Corporation, did not disappoint. Achieving Agility with Regional SupplyChains.
For the athletes to beat all odds over 329 events across 32 sports, the organizers had to navigate a significantly challenging global supplychain to successfully host this year’s games. Reducing reliance on single suppliers and diversifying supplysources can mitigate the impact of disruptions in specific regions or industries.
“May you live in interesting times,” widely attributed as a Chinese curse, some claim this as a blessing; whichever side you take, this is exactly what’s happening in the supplychain world since 2020, and it looks like we will be living with this blessing/curse for a while longer. Emerging Themes for SupplyChain Planning.
Digital Twin from Infor Nexus Drives SupplyChainAgility for Molex. The fact that most manufacturers struggled to achieve supplychainagility during COVID is not news. The Molex SupplyChain. The Molex global supplychain is complex. It is part of Koch Industries.
I interviewed John Sobeck, Vice President Material Management Services and SupplyChain 4.0 at the ZF Group, about their digital supplychain transformation journey. The ZF supplychain is complex. ZF’s Digital SupplyChain. The Transition from Lean to Resilience. at the ZF Group.
SupplyChain Management – SCM – The Coordinated Process of Producing and Delivering Goods and Services from Suppliers to Consumers – Conceptual Illustration In todays rapidly evolving global marketplace, supplychain disruptions have become a regular occurrence.
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.
ToolsGroup identifies five key drivers shaping the future of supplychains: changing customer expectations, heightened competition, rising operational complexity, technological advancements, and geopolitical tensions. Optimize Distribution Networks Adapt warehouse locations and logistics for localized supplychains.
If your company’s supplychain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supplychain resiliency test. Supplychain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks.
When the pandemic started in 2020, no one could foresee the impacts of the global supplychain disturbances would last this long. Now the new norm is constant change, and agility is the name of the game when it comes to supplychain planning. Critical inventory disruptions/deficiency anywhere in the supplychain.
Procurement and supplychain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. In this blog, we cover the key differences between procurement and supplychain management, and explain where the biggest disconnects typically occur.
Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supplychain insights and advice. Today’s article comes from the team at Coupa and explores an agile and resilient supplychain. Building resiliency and agility require collaboration.
This is a story for the Eds, Franks, and Toms working together in supplychains across the globe. It is also a story for a young supplychain manager attempting to make a difference, but feeling stymied. The changeover times for the CM Bartlelts was 5X more prolonged than the more agile IM machines. The reason?
The toilet paper shortage was one of the COVID era events that taught people what the term “supplychain management” meant. The changes to the profession of supplychain management are dramatic. Firstly, the term “supplychain management” was not in general use before COVID. This worked.
An organization with tens of thousands of different products may have to move them across many modes of transportation, IT systems, and third-party logistics partners, all adding to complexity, as well as loss of visibility and control. Optimizing fulfillment requires a series of steps to get a shipment from its source to the end customer.
Supplychain resiliency and sustainability are top priorities for CEOs today. To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supplychains to collaborative supply networks and actively design their supplychains.
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supplychain insights and advice. Effective supplychain planning is crucial for maintaining competitiveness and ensuring customer satisfaction in today’s fast-paced business environment.
“There is no doubt that the global supplychain market is growing exponentially. The mismatch between the high demands by employers and the supply of logistics skills and knowledge is resulting in a growing gap in the logistics & supplychain market”. Talent gap in logistics – how big is it?
The COVID-19 pandemic has exposed many risks and uncertainties in supplychain networks. Current Technologies in Use for SupplyChain Network Design . A leading logistics service provider was among the many companies that saw its operations affected by the pandemic. Read on for common use cases. .
Last week, Clint Reiser published an article highlighting our 2022 supplychain predictions. While we have published predictions about supplychain technology trends at the beginning of the year in past years. This year we have decided to lead with our predictions about the broader supplychain function.
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