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In today’s tech-driven world, managing IT assets effectively is no longer a luxury—it’s a necessity. But who uses IT assetmanagement (ITAM), and why does it play such a pivotal role across various industries? Understanding IT AssetManagement (ITAM) What is ITAM?
Subscribe The Complexity of the Lego SupplyChain! Supplychains in the energy sector are among the most complex and capital-intensive in the world. Key insight for finance professionals: Supplychain complexity is more than logistics. It’s about capital flow, asset risk, and regulatory layering.
Without experienced managers in place, truck availability drops, repairs are delayed, and cost control becomes difficult. Still, it can be just as disruptive to supplychain performance. What Happens When Fleet Leadership Is Unstable Losing a fleet manager isn’t just an HR issue. On day one. And when they struggle?
In 2025, the landscape of spare parts management is undergoing a seismic shift. Maintenance, Repair, and Operations (MRO) professionals, heads of maintenance, and spare parts managers are navigating an environment shaped by supplychain volatility, legacy infrastructure, and an explosion of data.
In 2025, efficient spare parts inventory management is no longer a competitive advantage — it’s a business necessity. From overstocking low-use components that tie up working capital, to stockouts of essential parts that delay maintenance and cause costly downtime, traditional inventory management methods are failing to keep up.
In 2025, efficient spare parts inventory management is no longer a competitive advantage — it’s a business necessity. From overstocking low-use components that tie up working capital, to stockouts of essential parts that delay maintenance and cause costly downtime, traditional inventory management methods are failing to keep up.
In 2025, the landscape of spare parts management is undergoing a seismic shift. Maintenance, Repair, and Operations (MRO) professionals, heads of maintenance, and spare parts managers are navigating an environment shaped by supplychain volatility, legacy infrastructure, and an explosion of data.
Retail Supplychain complexity: Retailers often have extensive and intricate supplychains. Global supplychains: International operations introduce complexities that can be manipulated, such as language barriers and unfamiliarity with foreign vendors. How does invoice fraud impact supplychain security?
In this special edition of our SupplyChain Matters This Week in SupplyChain Tech column, we highlight two noteworthy investments. Copyright 2025, The Ferrari Consulting and Research Group and the SupplyChain Matters blog. The other is an announced four year investment in U.S. All rights reserved.
The unnamed investor would join as a significant member of the consortium, the company said in a stock exchange filing July 28, hours after the expiry of a 145-day exclusive talks window with the group backed by American assetmanager BlackRock Inc. Timely, incisive articles delivered directly to your inbox.
A buyer consortium backed by BlackRock is seeking to acquire the business, with the American assetmanager taking control of Panama Ports. Sensitive Deal The Panama terminals are at the center of the geopolitically delicate deal for the 43 ports owned by Hong Kong tycoon Li Ka-shing’s CK Hutchison.
Many large enterprises use one form or another of a supplychain application to help manage their supplychains. Supplychain vendors have been touting their investments in artificial intelligence (AI) for the last several years. AI can refer to several different types of math.
The Evolution of AssetManagement: Humans, Inventory and the Rise of AI by Jeroen Hendriks , Director at Art of SupplyChain Sdn Bh In the ever-evolving landscape of organisational success, the spotlight is now on assetmanagement. In this article, we will focus on inventory and people as assets.
This week I spoke at an SAS Global Analytics Summit on the connected supplychain. In my view, the connected supplychain is very, very different from the integrated supplychain. This model endorsed ERP as the system of record for the supplychain. What Is a Connected SupplyChain?
Yesterday we began our two part series on 2016 supplychain trends that will drive supplychainmanagement into the future. If you missed the first post, we encourage you to give it a read by visiting the first seven 2016 supplychain trends post here. . Making the SupplyChain Circular Vs. Linear.
More different plants could collaborate and produce components or intermediates, which would be integrated and processed to end products in a coordinated value chain operating in a make-to-order scenario. A scenario where procurement and consumers directly order a product from the network becomes feasible in this configuration.
The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.
Subscribe to SupplyChain Game Changer. SupplyChain’s Moment of Truth Has Arrived! But few have in-depth experience in SupplyChain, let alone understand how to leverage SupplyChain. But few have in-depth experience in SupplyChain, let alone understand how to leverage SupplyChain.
Discover how Trimble is integrating AI to revolutionize its tools and the synergy between freight brokerage and assetmanagement through tech optimization. Since joining Trimble, Williams has led product development and strategy for Trimble’s award-winning dynamic freight procurement solution, Engage Lane.
Several years ago, the staff at Blume Global wrote, “[Internet of Things] devices have revolutionized supplychainmanagement (SCM). ”[1] Fast forward to 2021 and it’s reasonable ask if the Internet of Things (IoT) has really revolutionized supplychain operations. ”[5].
In this article: Assetmanagement is the foundation of supplychain, just like supplychain is the foundation of business. Asset records are the lynchpin of digital transformation. Until recently, supplychain had been famous for being the invisible business function.
The 3 Pillars of Digital Procurement! This was my first experience with Outsourcing, or what I refer to as “SupplyChain as a Service” (SCaaS). But beyond just software virtually every other aspect of SupplyChain is available as an outsourced, on-demand service. SupplyChain as a Service (SCaaS).
In the hotel business, your profit is often controlled by your supplychain. The more you can cut your supplychain costs, the more you can cut your overhead; the more you can cut your overhead, the higher the return on your investments. However, managing and optimizing your supplychain isn't an easy task.
Transportation management systems include 2 types of solutions. The complete process would include procurement, creation of a route guide, planning and optimization, electronic communication with carriers, visibility and exception management, freight audit, and performance management. Final Thought.
There was a lot of supplychain and logistics news this week, so let’s go straight to it. Transplace Launches SupplyChain Consulting Practice. Transplace Launches SupplyChain Consulting Practice. LEGACY SupplyChain Services Launches Grader Tool and eBook to Evaluate SupplyChain Performance.
Subscribe to SupplyChain Game Changer. 10 Vital SupplyChain Lessons from the Coronavirus Pandemic! The pandemic has caused SupplyChain professionals to scramble to restore supply lines, respond to highly volatile demand patterns, find alternate logistics channels, and work under the restrictions of home quarantine.
The Green Corridor: The Circular Journey 3 conversations Needed for AssetManagement in a Sustainable World by Timothy Foote, Founder of Susymbio Things degrade and deteriorate over time. The world takes its toll through use and natural degradation on assets: handles break, roofs weather, metal rusts.
In this ultimate guide, we’ll show you how to elevate your business operations, from procurement and logistics to manufacturing and more, ensuring a path to operational excellence and strategic success. Operational Excellence with Cloud-Based ERP ProcurementManagement Efficiently manage your procurement processes with ERP.
4PLs are an extension of that model going beyond physical logistics to add the elements of Procurement, IT and Finance.”. These include: Procurement: establishing relationships with suppliers and holding the contracts on behalf of the customer. 3PLs bundled those relationships and consolidated logistics into one provider.
Business project management software is often overlooked in supplychainmanagement in favor of SCM functions, but is there an advantage in combining the two? The best project management software for supplychain professionals is often a solution that integrates with SCM, ensuring the systems benefit each other.
6th Annual Chief SupplyChain Officer Forum – Europe. Collaboration: The Cornerstone of the 21st Century SupplyChain. Europe’s annual meeting of the leading supplychain executives featuring the biggest names at leading retailers and manufacturers. Danny Hendrikse, VP SupplyChain, Pfizer.
The acronym SCM stands for supplychainmanagement. SCM systems deliver the visibility, insights, and capabilities you need to create your own intelligent supplychain. Supplychain teams must be able to design, order, plan, source, make, and deliver new products and services quickly and efficiently.
Requis ’ API creates a digital bridge between financial, assetmanagement, and procurement technologies used by energy and resource operators and engineering and construction companies. The post Requis’ API optimizes data sharing to eliminate construction project and supplychain risks appeared first on Requis.
Subscribe to SupplyChain Game Changer. Preparing Business for the Digital SupplyChain! If 2020 taught us anything, it’s that the importance of supplychainmanagement cannot be understated. Here’s what Mike had to say about the present and future of supplychain in a recent interview.
Where to Start if You’re New to Procurement Sourcing Solutions. There are many people who are not new to procurement and sourcing and its role in the supplychain but may be new to sourcing solutions and software. Procurement Sourcing Solutions : What Is ProcurementManagement?
The 3PL Summit & Chief SupplyChain Officer Forum is Europe’s largest meeting of 3PL Providers and customers featuring the biggest industry thought leaders and hard-hitting sessions exploring new opportunities, technologies and markets in logistics. Danny Hendrikse, VP SupplyChain, Pfizer.
Can blockchain improve your supplychain? Bitcoin and other cryptocurrencies have been fuelling interest and examples are multiplying of blockchain being used for supplychain. It’s a business level discussion about choices to be made in implementing the technology to properly support your supplychain operations.
With this release, QAD strengthens our cloud ERP offering to deliver new adaptive manufacturing capabilities, increase user productivity and enhance manufacturing and supplychain efficiency. Integrated Supplier Management. Connected SupplyChain. QAD Adaptive ERP 2021.1 Highlights.
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