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Supplychain practitioners seeking the best way to speed decision intelligence, unify supplychain data, and increase operational efficiency can benefit from a supplychain data gateway. Here are 10 ways a supplychain data gateway can improve your performance across the end-to-end supplychain.
Supplychain practitioners seeking the best way to speed decision intelligence, unify supplychain data, and increase operational efficiency can benefit from a supplychain data gateway. Here are 10 ways a supplychain data gateway can improve your performance across the end-to-end supplychain.
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. Sustainability is high on the list of favorite corporate buzzwords.
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 supplychains. are expected to rise by $3,000 to $12,000 per car, forcing manufacturers to either pass costs to consumers or cut production.
Why Resilience Is No Longer Enough Supplychains were once designed for efficiency, not disruption. The best supplychains don’t just withstand disruptions – they thrive in uncertainty, using crises as catalysts for improvement. But how do you engineer antifragility into your supplychain?
Global supplychains have been tested repeatedly by a series of disruptive events, including the COVID-19 pandemic, U.S.-China In response, many organizations have shifted toward decentralized and regionalized supplychain models, distributing production and sourcing across multiple regions.
As a supplychain executive, picture beginning your day with a cup of coffee when a news alert notifies you of newly imposed tariffs affecting your primary suppliers in China. manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. What Is Agile Procurement?
ARC Advisory Group began conducting formalized research on the global warehouse automation market in 2014. I picked a good time to cover what is now well-known to be a hot market. We define the market as those warehouse automation providers responsible for delivery of the system to the end-user (to eliminate double-counting).
Duncan Angove, CEO Blue Yonder Blue Yonder , is one of the largest providers of supplychainsoftware. In the fourth quarter, we delivered the second largest software bookings in the history of the company. Both are contributing to a rewiring of the automotive supplychain industry.
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. You manufacture stuff. That’s an action.
In the world of consumergoods and home and lifestyle, today’s fast-moving consumer trends demand fast delivery and quality at the lowest possible cost—for which lean programs in manufacturing are paramount. Out with the old. The next frontier in lean programs has the potential for far-reaching benefits.
Aera Technology offers a solution they call “Aera Decision Cloud” A key challenge for manufacturers is connecting integrated business planning (IBP) – a longer term plan – to operational planning and execution – what needs to be done in the near term. The supplychain team must grapple with a couple of questions.
Are industrial manufacturers seizing all the opportunities of a more digital world? A recent article suggests that, by 2018, only 30 percent of manufacturers investing in digital transformation will be able to maximize the outcome. The remaining 70 percent are hindered by outdated business models and technology. Possibly not.
Supplychain leaders today are bombarded with noiseconstant chatter about AI, rising complexity, uncertainty, disruptions, trade policies, and geopolitics. Simultaneously, the landscape of supplychain planning is shifting due to both rapid advancements in technology and workforce changes.
If your company’s supplychain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supplychain resiliency test. Supplychain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks.
The consumergoods industry may have experienced tremendous growth, but figuring out what consumers want is an ever-evolving puzzle. From where they shop and how frequently they buy to what price points entice them, consumer behaviors have been challenging to predict over the past year.
Ron Crabtree and Joe Lynch discuss SupplyChain 2030. Summary: SupplyChain 2030 In this podcast, Joe Lynch and Ron Crabtree delve into the critical challenges and trends shaping the future of the supplychain industry. They’ll diagnose your problems and get you back on track, fast.
According to Bloomberg , the coffee supplychain is struggling with constrained supply and increase in prices is inevitable. Traditional, linear supplychains struggle to adapt. This article explores how adaptive supplychains can help businesses thrive.
Today’s DCs and fulfillment centers are a major driver of employment growth and a highly visible proving ground for autonomous robots and other next-generation technologies. For companies across industries, transforming existing DCs and narrowing this technology gap is key to competitive advantage in a changing economy.
Supplychain disruption is a fact of life for every company that moves any type of product. Don’t expect to plan for every disruption; instead, develop a strategy to overcome supplychain disruption, regardless of the source. A resilient supplychain may be stretched to the max, but it doesn’t break.
Your Aftermarket SupplyChain is More Complex Than You Think: Stop Guessing, Start Optimizing Lets be honest: managing spare parts inventory requires specialized strategies unlike any other inventory management process. Your distribution network spans multiple locations. Your parts portfolio includes thousandssometimes millionsof SKUs.
At the SupplyChain 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 SupplyChains to Admire winner for four consecutive years. SupplyChains to Admire Methodology.
We recently created a quiz to help supplychain professionals answer this question. Our goal was to help you identify potential improvement opportunities by answering a few questions and get a temperature check on the current landscape of network design solutions. It’s great to see the enthusiasm for this interactive tool. .
This requires complete transparency across all steps and events along the entire supplychain. This is where big data technologies come into play. Logistics and transport service providers create enormous data records as they manage the flow of goods. How can the fill level of goods be optimized?
It’s also why so many of our customers are eager to share their supplychain 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 supplychain decision making.
Your Aftermarket SupplyChain is More Complex Than You Think Lets be honest: managing spare parts inventory requires specialized strategies unlike any other inventory management process. Traditional supplychain planning tools fall short for several key reasons: Inability to handle intermittent demand patterns.
Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. By fostering these relationships, businesses can ensure stable supplychains, consistent quality, and even access to supplier innovations.
Last week, I wrote about the evolution of supplychain planning. In my blog post, I commented on HOW little supplychain planning has changed in its twenty-year evolution. I, like other analysts, are stuck in the traditional software APS paradigm. I am part of the problem. 1) Kinaxis.
More and more businesses are hopping on the outsourcing bus and letting the experts take the wheel to drive supplychain planning processes. Several years ago ToolsGroup pioneered business process outsourcing (BPO) as an alternative to in-house supplychain planning (SCP). Driven by improvements in performance and cost.
Companies using outmoded tools such as Excel spreadsheets and simple database systems to manage sales and operations planning (S&OP) have found themselves in an almost impossible position — stuck with outdated data and a manual reconciliation process that is both time-consuming and error-prone.
But there is a type of solution known as multi-enterprise supplychain networks (MSCN). Metcalf’s law does not apply to these supplychain networks. Yes, these supplychain networks advantages do improve as more companies and users join. TraceGains’ solution digitizes the food ingredient supplychain.
The following are insights gained from my discussion with Shri Hariharan , who leads Blue Yonder’s ConsumerManufacturing Industry Strategy, during a recent Blue Yonder Live. We at Blue Yonder have the privilege of serving hundreds of consumergoods companies globally. Key Trends and Opportunities. Business Needs.
With Starboard’s Digital Twin Technology, Logility Clients Can Better Answer “What if” Scenarios and Optimize SupplyChain Networks to Overcome Disruptions and Drive Growth. a Traverse City, Michigan based innovator of supplychain network design software. ATLANTA (June 28, 2022) – Logility, Inc.,
That’s why it’s essential to be sure you’re equipping your organization with the right demand planning software. When you choose the right solution, you can stay ahead of fluctuations in customer demand, achieve high levels of forecast accuracy, handle seasonality, and drive collaboration across supplychain stakeholders.
In Part I of this series , we looked at supplychain professionals’ perception of forecast accuracy and how they see their forecast evolving in the future. With supplychain complexity on the rise, can new technologies help to improve forecast accuracy and achieve benefits like an optimized inventory and better customer service?
This week, I attended the ConsumerGoods Forum in Chicago. My takeaway is a serious concern by attendees on the impact of SAP RISE on global supplychains. On the top of mind for many retail and consumergoods executives is the looming forced upgrade by SAP named RISE. The networking was great. I listened.
Gartner says, “To guarantee this, the supplychain operating model must change. Supplychains need to deliver new types of customer experiences, and they will do so through virtual ecosystems that are powered by new digital technologies, including artificial intelligence (AI),” says Gartner. See diagram above).
Your company has an older supplychain planning (SCP) system of record (SOR) like SAP APO that was developed in the 1990s. This blog and the complete document (available for download) describes goals, technologies and approaches for getting there. You plan your supplychain to guarantee your service level outcomes.
Part I in our series on assessing your supplychain network’s maturity . How does you r supplychain network design compare to others ? We had quiz takers from 23 countries and across industries – from chemicals to manufacturing, metals, telecom, cosmetics, consumergoods, t ransportation and food.
One tactic major retailers have used to help increase their margins is to offer their own private label branded products as lower-cost alternatives to the consumergoods brands. Consumergoodsmanufacturers have struggled to combat these private label incursions, with varying degrees of success.
It’s been an interesting decade for supplychain: just when you think things can’t get any crazier, a new extreme weather event, political drama or tech start-up pops up, disrupting entire industries. A major theme at the recent Gartner SupplyChain Planning Summit was that corporate winners accelerate through economic turns.
This classification extends to the manufacturing facilities and personnel keeping us fed and supplied. Doing more with less is more critical in manufacturing than ever. They might even find themselves conscripted into manufacturing essential products under the Defense Production Act. Here are a few of them: 1.
Mars has been on a journey to transform their digital supplychain. In 2019, Will Beery was appointed the vice president and tasked with leading the company’s global digital supplychain transformation. Mars is one of the largest fast moving consumergoods companies in the world.
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