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I laugh when business leaders tell me that they are going to replace their current supplychain planning technologies with “AI.” Each supplychain planning technology at the end of 2024, went through disruption–change in CEO, business model shift, layoffs, re-platforming and acquisitions. The reason?
Wikipedia In 2014, I was exploring methods to publish what is now the SupplyChains To Admire report. This data source synchronizes corporate reporting across global markets while tracking restatements, name changes, and currency shifts.) As an aside, I do not think that Lenovo is an example of a supplychain excellence.
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. An automotive company I collaborated with conducted detailed modeling of potential tariff impacts on semiconductor supplychains. For example, U.S.-based
Here is the ‘Top 10 Reasons Why Santa Has the Best SupplyChain. #1 5 One currency for every country. Comment to let us know why you think Santa has the best supplychain! From everyone at Kinaxis, and the Late Late SupplyChain Show, all the best to you and your families over the holidays.
Is The SupplyChain Out of Rhythm? On a supplychain blog? As I struggle to build musicality, I think about the rhythms and cycles of the supplychain. In all cases, with my clients, I find the internal supplychain is out of step—lacking musicality with either the channel or the supplier base.
This week, Gartner is hosting their annual supplychain conference. It is now the Gartner SupplyChain Top 25. The research tries to establish “ who did supplychain best ” by looking at a weighted formula of Year-over-Year Growth, Return on Assets (ROA), and Inventory Turns for the Fortune 500 companies.
by John Westerveld Reason #5: Not having a supplychain risk management process. Over the years, working for and with numerous manufacturing companies, I’ve seen many supplychain practices that cost companies money. Reason #3 Not having end-to-end supplychain visibility.
Dogecoin’s rapidly expanding influence in digital finance can be seen across various industries, including supplychain management. Understanding Dogecoin Dogecoin began as an irreverent parody of traditional cryptocurrencies but has quickly grown into a functional digital currency embraced by an extensive community.
With the introduction of digital supplychains, the industry is moving into an era arguably on par with the industrial revolution. In a recent KPMG study, 69% of manufacturing CEOs say acting with agility is “the new currency of business; if we’re too slow, we will be bankrupt.” But how do you get there before the competition?
Subscribe to SupplyChain Game Changer. Other names include cybercast, virtual currencies, and financial technology. While discussing the objectives of digital currency, we also need to read online which countries have successfully positioned cryptocurrencies. Knowledge of the objectives of digital currency.
Subscribe to SupplyChain Game Changer. Electronic advancements give individuals a wide range of ways to make money , including systems using digital currency. They predict that cryptocurrency transactions will entirely replace national currency. The same holds when discussing the drive for digital currencies.
Subscribe to SupplyChain Game Changer. Bitcoin gold or fiat currency article and permission to publish here provided by Jean Nichols. These are digitally transferred with a currency acting as a finger swipe. Defining the Currency value. Subscribe Here! Email Address. Great Guidelines for Trading the Gold Market.
Amongst the issues faced by both businesses and consumers in 2021, supplychain shortages – and the resulting challenges – held strong in the headlines throughout the year. Five Lessons Learned Overcoming 2021’s SupplyChain Challenges. Five Lessons Learned Overcoming 2021’s SupplyChain Challenges.
If you’ve ever tried to buy a new car during the chip shortage or waited months for furniture delivery, you’ve experienced firsthand what happens when supplychains break down. Supplychain resilience is your business’s ability to bounce back when things go wrongand in today’s world, things will go wrong.
By Ian Benson (pictured) Content Writer The post Key Cybersecurity Concepts That Every Digital Currency User Should Know appeared first on IT SupplyChain.
Subscribe to SupplyChain Game Changer. As central banks and nations investigate how users may present encrypted currency together, or perhaps as a substitute for fiat money , demand for them has considerably surged significantly. Are digital currencies the shape of things to come? Digital currency used by central banks.
The Age of Agility: Building Resilience in the SupplyChain. Feature Article by Anthony Beavis, Managing Director APAC at Körber SupplyChain. Border controls, China’s zero-covid policy and global shipping costs and energy prices is putting increasing pressure on supplychains throughout the Asia Pacific region.
Lawrence (pictured) Content Writer The post Balancing Privacy and Security in Digital Currency Transactions appeared first on IT SupplyChain. By Dwight J.
Lawrence (pictured) Content Writer The post How Digital Currency is Influencing the Online Poker Industry appeared first on IT SupplyChain. By Dwight J.
While tariffs are intended to protect domestic industries and generate revenue for governments, they also present significant challenges for companies that rely on international supplychains. This article explores the impact of global tariffs on your supplychain and offers strategies for minimizing their effects.
By Mike Bronson (pictured) Content Writer The post Smart Contracts & Blockchain: Enhancing Transparency & Efficiency with Digital Currency Platforms appeared first on IT SupplyChain.
Supplychain reports offer a comprehensive view of your entire supplychain operation. What are SupplyChain Reports? Moreover, i dentifying and mitigating potential risks associated with supplier performance, such as disruptions to the supplychain or quality issues.
Managing a global supplychain has become more complex than ever. According to a 2024 McKinsey survey, 71% of businesses in the supplychain sector face compliance challenges when operating in foreign markets. Understanding international hiring challenges often involves navigating complex industry jargon.
Last week in the middle of a presentation, a supplychain leader made the statement, “We have solved the issues in supply through better optimization and use of data. Many supplychain leaders are so convinced they know the answers that they have stopped listening and learning. The issue is demand.
All financial results referenced are in United States ( US ) currency and, unless otherwise indicated, are determined in accordance with US Generally Accepted Accounting Principles ( GAAP ). TSX:DSG) (Nasdaq:DSGX) announced its financial results for its fiscal 2026 first quarter ( Q1FY26 ).
The Single Point of Failure in SupplyChain – Semiconductor Fabrication! However, the landscape has been somewhat marred by recent supplychain disruptions, which have significantly hindered the prompt delivery of innovative slot machines to these vibrant hubs.
The post What the crypto industry needs to do to be a more secure & viable alternative to fiat currency appeared first on IT SupplyChain. By Daniel Mcloughlin (pictured). Field CTO at OneSpan.
Cerasis is excited to announce the release of an all new, exclusive, & educational resource “An Introduction to Blockchain and Its Potential Benefits and Drawbacks in SupplyChain Management” white paper! Bowman of SupplyChain Brain. Get a free copy of the white paper by filling out the form to the right.
Now’s the time for businesses to look back at the strain that rising inflation put on their supplychains and inventory management. Protecting your bottom line starts with a better understanding of the ways inflation affects supplychain management. Is Your SupplyChain Inflation-Proof?
By Richard Pearson (pictured) Content Writer The post The Role Of Currency Exchange in Expanding Your Global Business appeared first on IT SupplyChain.
This digital currency has been gradually accepted by various businesses and governments, paving the way for a new approach to financial transactions that could significantly impact international trade. Originally written for SupplyChain Game Changer and published on May 30, 2024. appeared first on SupplyChain Game Changer™.
Subscribe to SupplyChain Game Changer. 10 Vital SupplyChain Lessons from the Coronavirus Pandemic! Companies rely on supplychain management to reduce costs and increase their production cycle. These developments, combined with the US-China trade war, found the supplychains experiencing unique hurdles.
The conversion is remarkable, especially when you consider that store shelves are just one indicator of the tremendous shifts rippling through the supplychain. Behind the scenes, CPG brands are strategically balancing cost cutting measures with supplychain investments to ensure preparedness for continuing market shifts.
billion and was up 29 percent at constant currencies. billion and up 40 percent at constant currencies. billion in Cloud revenues at constant currencies (2024: 17.14 billion), up 26 percent to 28 percent at constant currencies. billion Cloud and Software revenues at constant currencies (2024: 29.83 Between 33.1
Managing the supplychain of such a global enterprise is challenging. This is an example of a classic supplychain problem, which was affecting Ampacet from both the supplier and provider sides of their business. The company spans the globe with 12 manufacturing sites on four continents. Our CEO is an enthusiastic user.
In today’s volatile global trade landscape, enterprises face ongoing pressure to optimize their supplychain operations. There are many ways an organization can cut supplychain costs. Mastering Direct Spend Management Procurement teams generally do not report to the chief supplychain officer.
Finance speaks a different language than supplychain. But by monetizing Sales & Operations Planning (S&OP), supplychain planners can speak the language of finance while developing S&OP into a more mature process. Gartner’s research is echoed by Lora Cecere of SupplyChain Insights.
Supplychain planning in emerging markets is different. Now supplychain professionals have another different set of challenges on how to get product to the entire country where consumer-oriented outlets (i.e. Here’s what we found: 1. fast food or retail) are rapidly expanding. Transfer taxes.
While market uncertainty and economic turbulence are likely factors, the hesitancy to take on new opportunities also stems from a misalignment between supplychain and finance organizations. The key to resolving this dilemma is unifying finance and supplychain data, processes, and systems with an Integrated Business Planning platform.
Technology’s place in supplychain operations is well established and much appreciated, as it helps improve accuracy, visibility, and efficiency from orders coming in and shipments moving out. But can technology do more? He has experience in strategic planning, improving operational efficiency, team building, and project management.
In the constantly changing landscape of supplychain challenges, tariffs consistently pose a significant concern for leadership. Tariffs are designed to protect domestic industries, but they also pose challenges for industrial manufacturers, including higher costs, supplychain disruptions and market volatility.
There is a lot of buzz about the “autonomous” supplychain these days. The subject came up at a conference I attended where the theme was the supplychain of 2030. The Driverless Car Analogy From CBC News [link] I’ve heard the driverless vehicle used as an analogy for the autonomous supplychain.
Almost everyone knows global supplychains have experienced challenges over the past year. When it comes to global supplychains, there are a lot more than two activities that must take place in harmony if things are going to proceed as planned. He writes, “Supplychain synchronization is key to a digital future.”[1].
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