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In a survey we conducted in October 2020, 91% of our Indago supply chain research community members, who are all supply chain executives from manufacturing, retail, and distribution companies, either Agreed or Strongly Agreed that the time had come to transform the traditional transportation procurement process.
The transportation, logistics, and energy storage sectors are undergoing profound transformation, driven by rapid technological advancements, evolving consumer expectations, and the global pursuit of sustainability. In transportation and logistics, this has manifested as a significant focus on electrification and renewable energy integration.
Kristina Bernarducci and Joe Lynch discuss delivering the drinks: streamlining beverage transportation. Kristina is the Director of Operations at Bettaway, a privately held, family-owned Supply Chain Services company headquartered in South Plainfield, New Jersey. Bettaway Pallet Systems, Inc.: Bettaway West, Inc.:
For example, with a data gateway, a supply planner gains accelerated access to customer orders, inventory levels, and transportation schedules, all in one place, to increase the user experience of making the right choice to identify inefficiencies and make better, more informed decisions.
From consumer electronics to automotive manufacturing, most of the global economy’s largest industries rely on some form of discrete manufacturing. Manufacturers in these industries face several unique challenges: Labor and material shortages halting production. Imbalance in product lines, creating asset underutilization.
Transportation, warehousing, and manufacturing collectively contribute significantly to carbon emissions, making these areas critical for meaningful change. Companies are increasingly adopting electric and hydrogen-powered vehicles to transition away from fossil fuels. Reducing carbon emissions is a cornerstone of this effort.
For example, with a data gateway, a supply planner gains accelerated access to customer orders, inventory levels, and transportation schedules, all in one place, to increase the user experience of making the right choice to identify inefficiencies and make better, more informed decisions.
The manufacturing and distribution industries are on the brink of a transformative era, characterized by unprecedented technological innovation, sustainability imperatives, and global economic shifts. Here are 7 key trends to watch for that will define the future of manufacturing and distribution.
Freight transportation makes up over 10% of total global carbon emissions. Reducing emissions from transportation is crucial to achieving organizations sustainability goals. Companies should evaluate it alongside cost, lead time, on-time delivery, and capacity utilization.
Supply chain plays a crucial role for this Fortune 500 automotive manufacturer. With the onset of COVID-19 in 2020, along with demand and supply fluctuations in the subsequent years, many manufacturers, including this one, saw significant stress on their global supply chains. This case study covers: Customer challenges.
The 25% tariffs on Canadian and Mexican imports and 20% tariffs on Chinese goods are expected to increase production costs, disrupt logistics networks, and force companies to rethink supply chains. are expected to rise by $3,000 to $12,000 per car, forcing manufacturers to either pass costs to consumers or cut production.
Artificial intelligence (AI) is reshaping supply chain operations by enabling predictive planning, allowing companies to anticipate disruptions before they occur and adjust operations accordingly. Companies must react after the fact, often incurring higher costs and reduced service levels.
They noted the fact that companies whose leaders had supply chain experience took a more proactive approach to addressing potential supply-chain challenges, and in leveraging the supply-chain function to generate new business opportunities. They are no longer just vendors of goods and services.
Sellercloud serves small to mid-sized retailers, wholesalers, and manufacturers with inventory and order management systems (IMS/OMS) that help manage and synchronize inventory across multiple sales channels, while also facilitating order fulfillment. CEO Kelly Ortberg said the downsizing aligns with the company’s financial reality.
Speaker: Adam Robinson, Director of Marketing, Cerasis
More Efficient Manufacturing as well as ability to fill the skills gap & make more strategic employees. Improved Supplier/Vendor Management (Automated buying on an e-commerce website for repeat orders, automated freight pickups for inbound delivery, automated tracking alerts).
In the ever-evolving supply chain industry, transportation spend optimization – or TSO – has assumed greater significance. The need to blend operational efficiency with sustainability and fiscal prudence has organizations exploring innovative ways to help ‘future-proof’ transportation spending challenges.
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.
Transportation metrics saw little change in May as capacity, utilization and pricing remained in expansion territory, according to a monthly survey of supply chain professionals. reading for transportation capacity during May, which was roughly in line with April. SONAR: Logistics Managers’ Index (Transportation Prices).
This is the largest area of investment for the company outside of ERP. The enterprise software company also announced a new analytics solution covering external workforce management. They also cover supplier managed inventory, quality collaboration, manufacturing line collaboration, and asset collaboration.
Speaker: Rosemary Coates - Board Member & Founder at Reshoring Institute, Best-selling Author, Host of the Frictionless Supply Chain podcast
Companies can lower the risk of disruptions by shortening the supply chain and moving manufacturing close to the points of sale to reduce the need for expensive and time-consuming transportation. Re-shoring is one solution that is gaining popularity as a result of pandemic-related issues.
In the fourth quarter, we delivered the second largest software bookings in the history of the company. Customers, he asserted, also want a single company accountable for everything. The company now has almost 10,000 employees and is hiring rapidly. That’s something that’s changed the complete DNA of our company.
Here I define value as improving market capitalization/employee for a public company. For example, if I improve the cost structure in transportation, procurement, manufacturing and sales independently, what decision support framework decides the right trade-offs? You are right. This work was expensive.
Fuel prices and a shortage of drivers are putting transport logistics under immense pressure. The biggest challenge in the transport sector today: there just aren’t enough drivers. Taking all aspects into account is the only way for logistics companies to have a solid foundation for decision making and holistic optimization.
The company also sells supply chain planning and transportation management solutions. Companies have a known problem synchronizing their supply chain plans with what can actually be executed. Manufacturers refer to it as the shop floor to top floor disconnect. Cubing out is preferable; companies dont like to ship air.
The company aims to change this with the expansion of its data fabric portfolio. When you combine the volume, complexity, and speed with which decisions need to be made and executed, the current way companies manage this is unsustainable. A supply chain data fabric can help companies augment their supply chain processes.
This includes the evolution of schema-on-read architectures and the use of advanced sensing and network automation as companies work through endless cycles of legacy technology like ERP and APS. The issue is that most companies are using new forms of technology to make bad decisions faster. The reason? Clarity on Value.
Digital Twin Screen Shot and Architecture The most comprehensive form of planning that companies engage in is integrated business planning. Executives came to understand that IBP should not constrain a companys ability to react to what was happening in the market. IBP balances what can be produced against projected demand.
You might think it’s magic, but it’s actually the hard work of chemical import and export companies working behind the scenes to keep global supply chains ticking. What Do Chemical Import and Export Companies Do? They handle the logistics, paperwork, and regulations involved in transporting chemicals across borders.
During my current supply chain planning market research, I have received briefings from several SCP companies. This metric measures the percentage of time the planners accept replenishment, transportation, or inventory plans as they are without any change in the timing of the delivery or the quantity to be delivered. You route a truck.
In April 2023, one of our Indago members — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — submitted the following question: “We see the future of transport moving toward electric and autonomous vehicles.
Amplifying the shippers voice and giving some power back to the companies actually paying for logistics services that is the core reason why the Shippers Council was formed in in 2020. Knowledge Sharing Since its launch in 2020, the Shippers Council has grown its membership to 93 represented companies.
While both AGVs and AMRs transport materials within a facility, they differ in navigation, adaptability, and system architecture. They are best suited for predictable, repetitive transport tasks in static environments, while AMRs use sensors, cameras, and SLAM (Simultaneous Localization and Mapping) to dynamically navigate.
Mark Vickers and Joe Lynch discuss Mexico transportation risk. About Mark Vickers Mark Vickers is a leading expert in domestic and cross border transportation risk management and insurance. While at TQL, Mark developed a passion to optimize cross border transportation. During his tenure, they went from $500M to $3B in sales.
This capital will help scale the company’s Shared Autonomy Platform and expand manufacturing for its TWA Reach forklifts, which integrate AI-driven autonomy with human oversight to optimize labor and safety in warehouse operations. The company is also considering joining a voluntary EU initiative to combat counterfeit products.
(If you would like to participate in a current research study, we would love your help and participation in the contract manufacturing study. We are trying to assess the value of a network in managing contract manufacturing.) One of the alignment gaps that is growing and is unfortunate is the gap between procurement and manufacturing.
In late 2023, Descartes conducted a survey of 1,000 supply chain and logistics decision-makers across North America and Europe across three sectors: manufacturing, distribution and retail; carriers; and logistics services providers. The study also provided insight into what companies are doing to address it.
Once upon a time, the world of manufacturing was a relatively stable place. Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy. So how does a manufacturer navigate this rollercoaster?
In alignment with its end-to-end supply chain strategy, Blue Yonder will now be able to assist its customers in automating the collection and exchange of shipment data from logistics suppliers, facilitating accredited and traceable emissions calculations across all transportation modes, including air, inland (truck, rail, barge), and sea.
The event also celebrated industry success and leadership through the annual LogiSYM Awards, recognizing outstanding companies driving innovation and excellence across multiple categories. Geek+ was honored as Best Warehouse Robotics Company for its smart warehouse automation solutions.
Companies today making a fundamental mistake: they are attempting to automate current processes with AI versus challenging and redefining work. Most companies forecast a single stream with a focus on error. Ask a procurement or transportation professional if they have a good demand signal and expect a laugh.
The workforce reductions are tied to companies operating in sectors such as trucking, warehousing, logistics, food suppliers and manufacturing. companies announcing mass layoffs include Lacroix Electronics, FedEx, Frito-Lay, Blue Diamond Growers, Michaels Stores, Kohl’s, Target, JCPenney, Bilfinger Inc., In the U.S., In the U.S.,
Political instability has disrupted transportation corridors. Resilience is the ability to respond to disruption while maintaining core operations, and more companies are shifting their strategies accordingly. AI is helping companies better detect risk, model alternatives, and make faster decisions with more confidence.
The explosion in globalisation, and corresponding reduction in transport availability over the last decade or so, have together kiboshed some of the factors which once fueled a steady growth in offshore manufacture and procurement. Let me show you why. For instance, when I work with U.S.
The resulting increase in demand may place pressure on agricultural producers and extract manufacturers to scale operations. Reformulation and Product Development The transition will require most affected manufacturers to reformulate products that rely on the targeted dyes. Reformulation is not a one-to-one ingredient swap.
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