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Case-in-point: my company FourKites will collaborate with 16 other supply chain industry leaders — including BlueYonder, e2open, Oracle, Uber Freight, and JB Hunt, to name a few — as part of the Scheduling Standards Consortium (SSC). The returns on these kinds of efforts will be swift and tangible.
Bottomline, the satisfaction levels with planning technologies are low, with growing gaps between ERP Expansionists (Infor, Oracle and SAP) and best of breed companies (examples are Kinaxis, o9, and OMP), and the lowest for market consolidators (examples are BlueYonder and E2open). I find LinkedIn to be a great source to get data.
Companies importing and exporting goods, be it finished retail products, manufacturing components or materials, now face substantial cost and price pressures that squeeze margins and force difficult pricing, sourcing, operations and distribution decisions. For example, you might source from a domestic supplier that doesnt incur a tariff.
Following on the heels of COVID-19, port closures, labor shortages and geopolitical conflict, climate change-related events are emerging as a significant source of supply chain disruption. The post Climate Change: Yet Another Source of Global Supply Chain Risk and Disruption appeared first on Supply Chain Nation.
A rise in nearshoring and away from single-source dependency The pandemic was a wake-up call that exposed the fragility of globally interconnected supply chains and the risks of over-reliance on distant suppliers and single-source strategies. 3 long term changes to the supply chain 1.
Intelligent fulfillment sourcing and rebalancing Its become impossible for human analysts to balance cost, location, speed, service and profitability while fulfilling orders in one supply chain let alone across multiple customer operations.
Across its nearly 200 markets, HEINEKEN needs to use a common data source and planning platform, apply the same standardized processes, ensure the same analytic rigor and achieve consistent financial results.
To mitigate this impact, manufacturers may need to source materials domestically and develop new suppliers often leading to higher costs with added logistical complexities. Tariffs on these imports raise material costs, squeezing profit margins unless businesses pass these costs on to consumers.
The only way to manage these changes profitably is to become aware of them at the earliest opportunity, by using software to ingest and analyze real-time data from across the supply chain as well as external sources like social media, news and weather.
The Blue Yonder network includes over 1,600 TMS carriers and extends across multiple enterprises and tiers in a supply chain, creating a single source of truth across planning and execution and across multiple parties and tiers. With full visibility, the Cognitive Solutions then ANALYZE.
A significant point of concern is the dependency on single-sourced components, which poses considerable risks. This reliance necessitates a reevaluation of sourcing strategies and the development of contingency plans to ensure continuity of supply.
Today’s systems can predict disruptions in advance, automatically activate alternate sourcing and routing strategies, and facilitate supplier collaboration through the digital network. Traditional disruption management processes relied on manual intervention after problems occurred.
Common data cloud & platform Connect every corner of your supply chain with a single source of truth. Collaborative AI agents and advanced machine learning analyze, summarize and alert on events occurring across your supply chain then provide detailed recommendations to ensure operations run as expected. Ready to dive deeper?
Participants changed variables, such as demand, supply, lead times, sources and service levels. The tool allows for collaboration, scenario planning, streamlined data and S&OP process cadences which can greatly impact profitability, sustainability and revenue.
Based on an increasingly omni-channel world, these systems are challenged to handle the combination of downstream demand variability, upstream supplier variability, and the risk that comes with leveraging global sourcing and supply chain strategies.
Single source of truth and interoperability TFEST24 also afforded Blue Yonder the chance to both reflect and look forward. TFEST24 provided the perfect opportunity to connect with existing and potential customers, allowing us to flex some of those key attributes and values: communication, partnership building and collaboration.
Problems with shipping documentation With nearshoring, cross-border shipping and international logistics heating up, documentation problems are a growing source of delays. It gathers data from across the supply chain, as well as external sources, to identify potential delay-causing events at the earliest opportunity.
As they ingest real-time data from across the end-to-end supply chain, as well as external sources, APS solutions create a single version of the truth that is shared across all functions. Real-time visibility, to support real-time planning One of the most powerful features APS solutions offer is real-time visibility and awareness.
The case of this tech retailer, The Source , shows why. Manual Analysis No Longer Cuts It The Source produces more than $400 million in annual revenue across more than 300 retail locations and online. The Source sells low-frequency purchases such as TVs, fast-moving convenience items such as chargers and everything in between.
While the past focus was primarily on minimizing supply chain costs in a global free-trade environment, todays supply chain leaders must prioritize flexibility, build in additional redundancies, and create strategic sourcing options for rare materials, components, and technologies.
This data must be gathered in real time from a variety of third-party sources, ingested intelligently and analyzed at a granular level to determine the right response across multiple partners. Learn more at blueyonder. Enabled by AI and advanced algorithms, today’s forecasting engines are up to the challenge. Scenario planning.
This year’s report is sponsored by BlueYonder, C.H. The pressure to support sustainability in supply chains came from multiple sources, both internal and external, but increased the most among investors and industry associations. Robinson, KPMG, Intel, and Sam’s Club. “We Internally, company executives were standout champions of SCS.
The path forward: planning as one Breaking down silos The answer lies in adopting a unified platform that aligns all planning functions, from category management to supply chain execution, to a single source of truth.
Shoppers expect fresh, high-quality products and full transparency into how those products are sourced, handled and delivered. From food safety to ethical sourcing and environmental responsibility, these mandates signal a shift toward tighter supply chain oversight and real-time data transparency. Blue Yonder changes that.
Business decision makers, and especially CIOs, are facing an inconvenient truth — to enact a successful artificial intelligence (AI) and machine learning (ML) project, there can only be one single source of truth when it comes to their data. It’s a way to bring those disparate networks together and to establish a single “source of truth.”.
Most car and truck manufacturers in partnership with their battery suppliers use a make-to-stock, supply-driven approach for producing and sourcing EV batteries, based on the availability of scarce materials like lithium, nickel, manganese and cobalt.
On the supplier side, it often becomes necessary to single source, as components may be specialized and only made by one supplier. At times, this single-sourced supplier may not be the manufacturer’s direct supplier but can instead be within another tier of the supply chain.
For example, if they receive many returns saying an item is too big, they can adjust the sizing guide to reduce return rates at the source. Customers will also be prompted to enter their reason for returns, giving retailers much-needed data and insights to create a more efficient returns process and implement strategic changes.
Transportation Management as a Key Competitive Advantage According to the IDC MarketScape, “TMS is evolving to be viewed as a source of potential competitive advantage, whereas it has been traditionally viewed as a support function that relied heavily on manual processes and was supported by antiquated technologies.”
Given this shift in consumer behavior, it has become important for retailers to offer the best inventory and sourcing information to shoppers. And lastly, all of this requires a single source of truth for all orders. This is where solutions from Blue Yonder can make a world of difference.
The IDC MarketScape noted three key strengths of Blue Yonder’s approach to order orchestration and fulfillment: Robust, intelligent sourcing and inventory microservices modules providing supply chain visibility with the ability to make decisions about where to source based on a wide variety of factors and to serve inventory location and quantify information (..)
While these systems do compile and present copious amounts of data from various data sources and partners, users are unable to act on what they see. However, it is critical to understand and remember that some technology vendors refer to their analytics systems as control towers, even though they lack control.
Their short-term profitability and long-term competitive success depend on making the right decisions, almost immediately, about how to source and store products, manage and fulfill orders, and schedule assets like labor and transportation. They can anticipate these events and resolve them proactively, instead of reactively. The result?
If you are attending and are particularly interested in Blue Yonders supply chain planning solutions, make sure to check out the session catalog for dedicated Supply Chain Planning sessions. These sessions provide in-depth knowledge and practical insights into optimizing transportation operations, enhancing efficiency, and driving cost savings.
Manufacturing companies, for example, need AI to highlight insights from infinite data sources. The fear that AI will take over meaningful work that people enjoy comes from watching companies implement AI without a thoughtful strategy. Like every solution, AI must have a purpose and a reason.
The second highlight is the emphasis on identifying sustainable upstream operations in material sourcing, suppliers, and manufacturing. Raj points out that logistics and manufacturing customers are looking at their supply chain results, resiliency, agility, and now sustainability in order to make sourcing or dual sourcing decisions.
Rebalance open demand based on defined allocation rules Resequence pending orders for optimal sourcing and reprioritization 4. Schedule, orchestrate, modify, and support the complete order lifecycle with a single source of truth from order to delivery, regardless of channels, source and types.
It was all about companies trying to go into countries that had low-cost sourcing capabilities, as well as to capture new market. The main challenges that companies are facing, at least in the last two years, especially during the COVID-19 pandemic, come from the multi-tier sourcing, which requires long lead times in the supply network.
These foundations are crucial in navigating the key components of hybrid retail: planning, sourcing, resourcing, engaging, fulfilling, and transporting. Source and Resource : The sourcing and resourcing stages benefit immensely from AI’s ability to identify the best suppliers and optimize inventory levels.
This includes demand planning, volume assessments at a granular level, knowing where best to source from to meet omni-channel demand, where to then position inventory based on known demand and where customers are located, and, of course, how best to then fulfill orders and to optimize the last mile.
Businesses have become overwhelmed by the sheer volume and velocity of available data — from suppliers, customers, partners, and third-party sources — all with different formats, product hierarchies, taxonomies, etc. What if planning and logistics teams could stay continuously connected, all running on a single source of truth?
Industry-leading commits service that leverages advanced algorithms to determine the best sourcing and fulfillment options for each order, considering factors like cost, speed and capacity.
One arrow showed the flow of customer demand from the source to the supplier, while the other showed the flow of goods from the supplier to the customer. I still recall my first introduction to the concept of the supply chain. There were two arrows facing opposite directions. And completely the opposite of reality.
In fact, 60% of respondents indicated the need to work outside enterprise systems, often using tools like Excel and multiple data sources, and 50% of respondents highlighted the challenge of modeling various influencing factors in planning, such as weather, events and promotions.
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