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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?
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. Better Technology.
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. The agent technology is much more complicated than the math.
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.
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.
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. Disruptions in decision-making.
Kelly is the VP, Product Management of Trimble Transportation , a technology company that offers a suite of transportation technology solutions, including fleet management, route optimization, and freight visibility tools, to improve efficiency and safety.
Modular production and standardized modular automation were crucial first steps that have now been successfully applied. Modular automation has made digital twins into asset agents capable of exposing capabilities and executing demands for services using those capabilities. has been realized step by step.
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 was in the heyday of Enterprise Resource Planning (ERP) technologies. Some History. I fought a hard fight and lost.
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.
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.
Business project managementsoftware is often overlooked in supplychainmanagement in favor of SCM functions, but is there an advantage in combining the two? The best project managementsoftware for supplychain professionals is often a solution that integrates with SCM, ensuring the systems benefit each other.
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.
Ironically, the main problem of today's domestic logistics planning optimization is not in a lack of information about ‘advanced’ tools, lack of appropriate equipment and information technologies, and not even that not all managers are in principle aware of the existence of any management mechanism. mechanism.
The 3 Pillars of Digital Procurement! This was my first experience with Outsourcing, or what I refer to as “SupplyChain as a Service” (SCaaS). Most of you are likely familiar with the phrase, Software as a Service (SaaS). ” SaaS is also referred to as On-Demand Software. .” Subscribe Here!
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.
Yesterday we began our two part series on 2016 supplychain trends that will drive supplychainmanagement into the future. As with most trends we all have read over the last few years, the focus was on technology. SupplyChain Trends 2016: 5 Additional More Areas of Focus.
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. Cloud-Based Enterprise Resource Planning (ERP) is a cutting-edge approach to managing core business functions using cloud computing.
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.
Subscribe to SupplyChain Game Changer. They require all the personnel involved in the projects to possess the right construction and management skills as well as the proper use of the right resources, like construction management applications. Subscribe Here! Email Address. EZOfficeInventory. Monday.com.
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.
What is supplychain optimization? Supplychain optimization is a key component of the manufacturing supplychain process, helping companies control their input costs to be able to provide effective goods or services to their customers. What does supplychain optimization involve?
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.
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.
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.
What is SupplyChain Optimization? Supplychain optimization is a key component of the manufacturing supplychain process, helping companies control their input costs to be able to provide effective goods or services to their customers. What does supplychain optimization involve?
Welcome to RFgen’s deep dive on mobile barcoding technology, a form of advanced mobile data collection. To overcome these challenges, inventory-heavy businesses are introducing barcode automation into their operation. Mobile barcoding for ERP is the modern standard for supplychain operations.
Online inventory management is exactly that – inventory management, online. A cloud-based software system, online inventory management provides organisations with a digitised, logical, and systematic process to control the inward and outward flow of inventory stock. Who uses online inventory management?
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.
Supplychain analytics combines powerful algorithms, data, and the latest technologies like Artificial Intelligence and Machine Learning to address the most elusive challenges in the supplychain right now – visibility and control. By 2032, the supplychain analytics market is expected to reach USD 38.78
Tools and Technologies to Combat Invoice Fraud Frequently Asked Questions About Invoice Fraud What Is Invoice Fraud? They use a mix of tools—from altered invoices to entirely fabricated documents and even AI-generated deepfakes. Retail Supplychain complexity: Retailers often have extensive and intricate supplychains.
Before the Internet was a vital tool in business, the supplychain was a much different place than today. Read on to learn about the importance of quality in supplychainmanagement, how IT helps to achieve that quality, and more details about the supplychain. Cost reduction.
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?
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.
SupplyChain Matters features its latest full edition of This Week in SupplyChainManagement Tech , a compilation of funding, partnership and other noteworthy financial announcements related to supplychaintechnology providers. In early 2020, Phenix Software Inc.
In the context of supplychains particularly, agility is what can save the day in the midst of all those challenges. That’s where AI-powered supplychain optimization can make a difference. What is SupplyChain Optimization? Why is SupplyChain Optimization Important?
In the intricate web of supplychainmanagement, every link plays a vital role in the success of the entire operation. From the initial procurement of raw materials to the final delivery of goods, efficiency and coordination are paramount.
However, organizations that excel on this measure have an advantage that others don’t: They are more likely to incorporate more automation into their supplychain processes, reducing human error and improving order cycle times. Top performers in perfect order performance use technology to get closer to their customers.
Perpetual inventory management relies on technology to track inventory with timely data and a high degree of accuracy. These systems not only streamline inventory control, but also transform warehouse processes into a powerful tool for competitive advantage. By integrating these technologies with the system of record (e.g.
Our SupplyChain Matters This Week in SupplyChainTechnology column reflects a number of significant recent announcements that depict an ongoing active cycle of tech developments. Updates included in this edition include: Coupa Software Entering Definitive Agreement to be Acquired. billion in October 2020.
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. QAD Adaptive ERP 2021.1 Highlights. Digital Manufacturing.
Customer Case Study: Integration and QAD Automation Solutions. Lucian Manolache, Yanfeng Automotive Interiors will discuss implementing QAD Automation Solutions in two greenfield automotive plants in two different countries in Europe. Customer Case Study: Adient’s Rapid QAD Automation Solutions Global Implementation.
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.
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