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However, as carbon taxes and emissions reporting requirements continue increasing, supplychain professionals face mounting pressures from inside and outside their organizations to measure and improve performance against new, nebulous sustainability metrics.
The logistics and supplychain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Renewable Energy for Facilities: Warehouses and distribution centers can integrate solar panels and wind turbines to lower energy costs and carbon footprints.
Enterprise procurement leaders are under more pressure than ever—juggling cost control, compliance, supplier risk, and internal complexity, all while trying to modernize outdated systems. AI, automation, and generative tools are redefining efficiency, allowing procurement teams to move from reactive to proactive decision-making.
Procurement and supplychain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.
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. With the global e-commerce market predicted to reach $8.1 We were wrong. billion to $23.07
During my current supplychain planning market research, I have received briefings from several SCP companies. The people who work with us are those who really, truly believe in what we believed in from the start, that is, autonomous supplychains are possible. Solvoyo has a metric they call the user acceptance rate.
Supplychainautomation refers to the tools and technologies we can use to make manual tasks automated, reducing the need for human workers. It’s sometimes misunderstood, but it’s actually integrated into almost all supplychains nowadays in av ariety of different ways.
With the advent of the digital era, supplychain has transformed dramatically. To increase flexibility, responsiveness, and competitiveness in the long run, the investment in supplychain digitalization will increase by 10%-15% over the next few years. If trends hold, we will achieve touchless supplychains very soon.
It’s a holistic approach that blends strategic planning, streamlined processes, and the right technology to transform your warehouse into a well-oiled, profit-generating machine. An in-depth look at the tangible benefits, from cost reduction to increased customer satisfaction.
Key Takeaways The last mile is the most complex and expensive stage of delivery, directly impacting cost, speed, and customer satisfaction. Modern last mile technology enables real-time dispatching, dynamic routing, live tracking, and performance analytics. What Is Last Mile Technology?
Supplychains are particularly vulnerable during recessions. Economic downturns can disrupt the flow of goods, increase operational costs, and reduce profit margins. Consequently, it is imperative to develop a recession-proof supplychain to make them more resilient and adaptable.
Subscribe Forklift Load Capacity: Avoiding Common Overloading Mistakes! But as the demands on supplychains grow more complex—with tighter delivery windows, higher volumes, and increased customer expectations—the humble forklift is undergoing a major transformation.
That’s where manufacturing inventory management software comes in. The right software can streamline your production, optimize stock levels, and even help you save money. We’re talking real-time tracking, automatedpurchasing, and a whole lot less stress.
In an age where supplychains face persistent disruptionsfrom pandemics and trade wars to cyberattacks and climate volatilityresilience is no longer optional. This shift has pushed supplychain leadership to pivot from reactive management to proactive strategy built on data.
How Do IT SupplyChain Attacks Actually Happen? - How Do IT SupplyChain Attacks Actually Happen? By Richard Pearson (pictured) Content Writer 49 Views IT supplychain attacks are no longer rare. What Is an IT SupplyChain Attack? Why Attack the SupplyChain?
Recently, on the Auto SupplyChain Prophets podcast , my co-host Jan Griffiths, a prior VP of SupplyChain at a major Tier 1, and I reflected on these dynamics as we discussed the critical importance of developing a collaborative yet rigorous approach to supplier management and performance. What is the solution?
Definition: Procurement transformation is the strategic overhaul of how a business buys goods and services. This approach focuses on changing procurement holistically beyond minor tweaks, starting from strategies to organizational structures. Procurement transformation has several objectives.
Table of Contents Introduction You can have the best technology in the world, but it means nothing if you dont have the proper stakeholders. This is a lesson weve learned at Exiger after helping many of the Fortune 500 and government agencies around the world to map, manage, and orchestrate their complex, global supplychains.
Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supplychain.
The process creates efficiencies across all spend categories, minimizes supplychain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Which Suppliers Are Truly Strategic? Even the largest organizations have limited time and resources.
Streamline Your Route Planning Process Daily route planning can quickly become overwhelming, especially if you’re managing delivery routes using spreadsheets, manual methods, or basic mapping tools. Top 10 Route Planning Software Solutions: Overview Here’s a quick comparison of the top route planning software solutions in 2025.
How Kechie ERP Software Transforms Operations Across Key Business Sectors How are companies managing the external and internal challenges that increase the complexity of their operations every day? To stay competitive, businesses must adapt to cloud-based solutions that automate processes, boost productivity, and offer real-time access.
The SupplyChain Matters blog provides perspectives relative to despite having a tentative back-to-work wage negotiation, the outstanding issue of port automation provides added concerns for global industry supplychain teams. ports lag behind other global ports in automation focused on increased throughput.
Businesses often use it in retail and purchasing. Category management isn’t just another procurement trend. It’s a way for companies to group similar goods or services (like IT infrastructure, facilities, or raw materials) and manage them holistically instead of handling every purchase in isolation.
As supplychains become more complex and globalized, many companies find it beneficial to rely on third-party logistics (3PL) providers to handle some or all of their transportation, warehousing, distribution, and fulfillment needs. Flexibility and Scalability Supplychains must be agile and able to scale to meet changing demands.
When deadlines slip, the consequences ripple through the supplychain, affecting deliveries, customer satisfaction, and overall profitability. Use Automation and Digital Tools Wisely Repetitive or high-risk tasks, such as basic assembly or material handling, are prone to human error and fatigue.
Also, 62% of online shoppers in the US say delivery speed is what makes for a good purchase experience. Many retailers fulfill customer preferences in attempting to adhere to faster delivery timelines, but fail in the long term due to capacity and cost constraints. This number is said to climb up to almost 285 million in 2025.
Can You Prevent SupplyChain Disruptions in Life Sciences? Supplychain disruptions in the life sciences industry can have serious consequences. While its impossible to eliminate all risks, companies and the industry at large can take proactive steps to minimize disruptions and improve supplychain resilience.
It is a cornerstone of modern logistics, supported by fleet management tools designed to determine the most efficient route, minimize travel time, reduce fuel consumption, consider vehicle capacity and ensure timely deliveries. The benefits of using route optimization software extend far beyond just saving time.
The Hidden Cost of Lost Uptime According to a Siemens report , in 2022 alone, unplanned downtime cost Fortune Global 500 companies $1.5 Lost Sales: A Preventable Loss of Potential Revenue Harvard Business Review reports that stockouts cost retailers $1 trillion yearly, with most purchases abandoned when items are unavailable.
The SupplyChain Matters blog provides observations and additional information perspectives related to the 2025 State of Logistics report. The report points to an upcoming period of high uncertainties along with the need to fundamentally rethink supplychain resilience as a strategic imperative.
Yet many manufacturers still rely on disconnected tools and legacy ERP systems to manage what has become a fast-moving, data-driven, multi-site operation. Fragmented data across finance, supplychain, and production slows decision-making and creates blind spots across the value chain. Capacity gets wasted.
Transportation costs: Freight rates, fuel and labour costs, and other transportation expenses. Warehouse capacity: The storage capacity and utilisation of existing facilities. Throughput rates: The processing capacity of distribution centres. Route data: Transportation routes, distances, and transit times.
There are hundreds, if not thousands, of factors that impact the worlds automotive supplychains from tariffs and other trade policies to increasing extreme weather events , interest rates, inflation, sustainability pressures and the rise of artificial intelligence (AI). They want customized and personalized product options.
When done right, it’s beneficial for both sides: vendors get a reliable client, while companies benefit from a stable supplychain, consistent product quality, better pricing, and room to grow and collaborate. Effective vendor collaboration isn’t built on iron-clad contract terms and purchase order s.
The Super Bowl isnt just a game; its an economic powerhouse, a marketing battlefield, and a massive test for supplychains. That takes a data-driven approach to forecasting, procurement and distribution. According to the National Chicken Council , those viewers took down 1.45 billion wings165 million pounds worth.
While just 10% of in-store purchases are returned, the return rate rises to 26.4% According to Statista, the most returned online purchases in the U.S. According to Statista, the most returned online purchases in the U.S. This is up from 14.5% Much of this growth in returns is driven by online shoppers. for online sales.
Dealing with disruption is part of the value equation mid-market manufacturers bring to the table, particularly those that are part of a larger supplychain. Forecasting – Many customers rely on their suppliers to anticipate their needs and be ready with products even though they have not yet issued a purchase order.
Industrial manufacturing supplychains operate in one of the more complex environments in recent memory. Variables like global disruptions, rising input costs, and increasing customer demands continue to challenge even the most sophisticated supplychains.
For instance, Gartner predicts that by 2026, more than 80% of enterprises will have tested or implemented GenAI tools, a considerable leap from under 5% in 2023. At the same time, McKinsey reports that nearly 70% of executives expect AI to materially reshape their operating models within three years. It’s already here.
With consumption patterns returning to more normal profiles, many manufacturers now switching to strategies that emphasize efficiency, while maintaining delivery capacity. Automation and Work Force Enablement There’s an old adage that low volume is the enemy of automation. In 2024, this is becoming less true.
You need to identify defects and other quality issues early on in the supplychain and proactively resolve them before they affect the end customer, which only gets more complex with every additional supplier you use. Wholesalers Wholesalers purchase large quantities of products from manufacturers and then resell them to retailers.
Rethinking supplychains is a reader-supported publication. In November 2023, for example, the OIG reported that the USPS did not accurately plan air weight capacity on specific lanes for FedEx. million annually for unused capacity because it did not meet the minimum weight requirement.
Choosing the right inventory management software , often referred to as an inventory control system, can be the difference between a well-oiled, profit-generating operation and one plagued by costly mistakes and inefficiencies. The right software empowers businesses to take control of their stock, optimize operations, and drive growth.
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