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Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
The logistics and supply chain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Businesses face heightened uncertainty in managing costs and securing stable energy supplies.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
Supply chain networks depend on structured data, exchanged through APIs, middleware, and telemetry, to coordinate across facilities, regions, and partners. AI Deployment in Operational Context Artificial intelligence has become a common feature in supply chain systems, though the depth of adoption varies widely.
Many companies are looking to redesign their supply chain network to lower costs, improve service levels and reduce risks in the new year. Scenariomodeling is emerging as a key capability. Supply Chain Design Maturity Benchmarks: Find out what your peers are saying and how your organization compares to others.
Today, in supply chain planning, this could not be further from reality. Employees Cannot Get to the Right Data at the Speed of Business A war is raging between Oracle, Salesforce and SAP to automate supply chains. Supply chain was defined in 1982 as interoperability between source, make and deliver. It is a landgrab of sorts.
Jack Fiedler, the vice president for digital transformation of the global supply chain at Lenovo Lenovo is ranked tenth by one leading analyst firm among a list of global companies with exceptional supply chains. I’ve not seen a company that does a better job of agile planning across an end-to-end, multi-tier supply chain.
During his tenure in the industry, he built innovative pricing and forecasting models, leveraging internal and external data sources to improve internal decision-making and increase profitability. He was named a Pro to Know in 2021 by Supply and Demand Chain Executive.
These classes are designed for networking and exploring outside-in models in a safe environment. We are stuck with old models Without new thinking, we wont get unstuck. _ Before I start, let me share that most of today’s supply chain planning processes are inside-out, rigid and supply-centric.
This report explores how the state of supply chain network design has changed – including how the tools, maturity models, and market demands are transforming the network design practice. Industry benchmarks. Advanced analytics & ScenarioModeling.
The 2025 NA Gartner Supply Chain Symposium|Xpo made one thing crystal clear: AI is no longer the futureits the engine driving the transformation of todays supply chains. From smarter networks to scenario planning, here are key takeaways from our time at the event: 1. AI Is the Heart of Change The narrative has shifted.
Wilko, to start off, could you tell us more about the supply chain division you work for? . I work for Global Supply Chain, a division based in Zoeterwoude (the Netherlands). Every country or operating company has its own supply chain team and is responsible for managing its own capacity, demand and supply.
” At that time, the sales organization used more point-of-sale data than their competitors, they had an impressive and innovative IT team, and their supply chain processes were what I considered best-in-class. The use of the supply chain as a functional organization within the organization to reduce costs. Why would I do this?
For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . Considering this surge in digital transformation and the changing needs of 2021, here are some insights and tips for embarking on Supply Chain Digital Transformation projects. Digital Transformation Journey.
It all starts with a demand-driven approach,” says Gerrott Faulkingham, director of solution engineering at ToolsGroup. As a reminder, the key to measuring inventory health is to assess inventory holdings relative to expected future customer demand according to service level (product availability) expectations.
Machine Learning for demand forecasting has matured to a level of accuracy, transparency and replicability that translates into transformative results, including in these five areas: Accuracy, transparency, thoroughness of analytical options and results. Greed for more data.
As global supply chains grow more complex and customer expectations skyrocket, Transportation Management Systems (TMS) have become a strategic linchpin for companies aiming to stay competitive. Download the Executive Summary Your roadmap to smarter logistics starts here.
Home No More Black Swans: The Age of Supply Chain Uncertainty Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. What’s become increasingly clear is that there are no more black swans in global logistics.
According to one survey , only 27% of leaders believe that they have the talent needed to meet current supply chain performance requirements. What should supply chain leaders be looking for to close the talent gap? AGCO Logistics Team Accepts Prestigious Supply Chain Award. Mr. Stevens talked about their supply chain initiative.
Two months before COVID made headlines in the US, nobody was forecasting the dramatic downturn in demand. If a recession hits, demand will decrease. How much will demand be impacted? When companies talk about improving their forecasting, they are most often referring to demand forecasting. When will the recession hit?
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
Supply chains are the backbone of global trade that ensure the smooth movement of goods and materials across industries. One of the most effective strategies for building resilience is integrating project management into supply chain operations. A well-managed supply chain does not just survive crises it thrives in them.
Many large enterprises use one form or another of a supply chain application to help manage their supply chains. Supply chain vendors have been touting their investments in artificial intelligence (AI) for the last several years. So, models for heavy process industries often include first principle parameters.
Benchmarking is a measurement of the quality of an organization’s policies, products, programs or strategies against standard measurements. In my work with Supply Chain Insights , I immerse myself in learning. In my work with Supply Chain Insights , I immerse myself in learning. Benchmarking is not Benchmarking.
The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” Drawing from the Whiteboard: Building Customer-Centric Supply Chain Strategies. To help, I wrote a few definitions on the board: Demand-Driven Processes.
This year, a recurring theme that I saw was about using supply chain data to improve the customer experience across the entire value chain. Here are the ones that stood out to me, especially as it relates to supply chain data. This new dashboard gives retailers a lot of supply chain data to see where they stand.
No matter the focus, whether cost reduction and quality improvement, or supply chain optimization and resilience, procurement must have a concrete role in delivering outcomes that matter to the business. For example, focus on categories that incur significant spend, have supply constraints, or provide potential for innovation.
While companies talk digital, the projects follow traditional supply-centric paths. Wikipedia Unleashing the Contrarian Here are my thoughts this morning over coffee: Gartner Top 25: Really A Celebration of Supply Chain Leadership? We have not achieved supply chain economies of scale. As I listen, I struggle. A Focus On Risk.
The report is available on demand. Modular automation has made digital twins into asset agents capable of exposing capabilities and executing demands for services using those capabilities. This enables a high degree of on-demand and custom products at large scale. has been realized step by step. The post Industrie 4.0
This week I interviewed Robert Byrne, Founder of Terra Technology , on the results of their fourth benchmarking study on forecasting excellence. The work done by Terra Technology, in my opinion, is one of two accurate sources of benchmark data on forecasting in the industry. The other is Chainalytics demandbenchmarking.
From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. This reality is compelling F&B companies to rethink their strategies and approach to supply chain optimization and demand planning.
If this challenging past year has taught us one thing, it is the value of connections–not only in our lives, but in supply chains. Indeed, when customers contact us for planning support through our COVID-19 Action Center, they are usually grappling with similar supply chain disruptions–or disconnections. .
At the Supply Chain Global Summit 2018 , Francois discussed the impact of digitalization, Industry 4.0, and L’Oréal’s approach to business that has allowed the company to continuously rank as a Supply Chains to Admire winner for four consecutive years. Read more to understand the details on the Supply Chain Index ,).
In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. By aligning supply chain and procurement, spend can be considered more holistically.
It’s also why so many of our customers are eager to share their supply chain success – and have even won awards of their own in partnership with ToolsGroup! Check out some of our most recent accolades and discover why so many companies turn to ToolsGroup for better, faster supply chain decision making.
Each year, we compile a list of top-performing Supply Chains, termed the Supply Chains to Admire. This week, while all my friends are on vacation, I am writing the final report for the Supply Chains to Admire. We share the report to help companies benchmark and reflect. What is the best supply chain technology?
In her post, Driving Value from Supply Chain Planning , Lora Cecere provides great supply chain analysis and benchmarking for her supply chain to admire. Combine those great foundational supply chain theories, call it outside-in, execute them and you get market driven, low latency, perfectly run supply chains.
As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. Here’s a quick overview: Machine Learning (ML): Enables AI agents to detect patterns in procurement data, forecast demand, assess supplier performance, and continuously improve decision models.
As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. Here’s a quick overview: Machine Learning (ML): Enables AI agents to detect patterns in procurement data, forecast demand, assess supplier performance, and continuously improve decision models.
From the looks of the high attendance and the extensive booth displays, there was clearly some pent-up demand for the technology on display and the insights being conveyed. The recently released and update model is branded as Locus Origin 2. One day is not nearly enough to take even half of what I would have liked.
Forecasting customer demand has been a critical aspect of business since ancient times. Basic business forecasting models were developed in the early 1900’s. Basic business forecasting models were developed in the early 1900’s. This post discusses the DemandOptimization Maturity Curve. SCP – Supply Chain Planning.
A key factor in the success of Logility’s network optimization solution is the use of reference data. We believe users should be able to generate results immediately and be able to benchmark a model against their known costs. Yes, this data is comforting in that it reconciles back to accounting numbers.
Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. A responsive supply chain: D2C requires a specialized supply chain due to low volume/high-frequency shipments using primarily parcel or LTL shipment modes.
For this reason, supply chain solutions have become an integral part of business strategies to cope with these ever-increasing complexities. Plus, it eliminates costly errors by enabling the trialing and benchmarking of different solutions in a virtual warehouse. Simulation can compare different “what-if” scenarios.
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