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The concept of automating processes and activities is a major sticking point for supply chain and logistics. Supply chain and logistics automation allow companies to refocus their efforts on tasks requiring human hands, and redundant tasks can be automated through robotics , as well as technologies designed to assist human workers.
Several years ago, I interviewed CIOs and IT executives from leading third party logistics (3PL) companies, and one of the most interesting findings was that their teams spent a majority of their time fixing and cleansing data. Sounds like a typical day in supply chain and logistics to me. What are the odds I’ll use them again?
By offering students a real-world educational opportunity in rotational programs with employers, Lori’s program introduces students to all facets of supply chain management, from purchasing to logistics to materials management to production planning. Her students tend to focus on purchasing, logistics and consulting.
For the last couple of decades transportation management systems (TMS) have revolutionized supply chains, helping companies streamline their logistics processes, achieve greater visibility into their operations and save significant dollars on transportation. This simply can’t be done if you’re just taking a regional approach.
I went to the University of Detroit, Mercy and majored in Accounting. I had an opportunity to do an internship in a purchasing role, which is where I received my first exposure to supply chain as a discipline – and I fell in love with it! This includes purchasing, both direct and indirect; distribution; and logistics.
Had the Auto Supply Chain Prophets podcast been around in the 1980s and 1990s, I like to think that Cathy Fisher of Quistem, Jan Griffiths of Gravitas Detroit and I would have seen this tidal wave of supply chain disruption coming and played a role in safeguarding our industry. The benefits of this practice remain clear today.
Last week, the industry publication Aviation Week published its report, Pratt GTF Repair Plan Jolts Beleaguered Airline Industry. Specifically noted in the report: “ The effect on the airline industry will be profound.” Reportedly the news of a far broader inspection program caught most airline providers by surprise.
Alibaba’s Jack Ma recently urged 3,000 US small businesses to do just that at a conference in Detroit, and he is making good on his vision to take down trade barriers that are holding smaller businesses back from buying and selling globally. Speaking in Detroit in June 2017, Jack Ma encouraged US sellers to increase their sales abroad.
According to the annual National Retail Federation (NRF) and Prosper Insights & Analytics Super Bowl survey, 184.5 Total spending on food, drinks, apparel, decorations, and other purchases for the day is expected to reach $14.6 And now on to this week’s logistics news. IKEA now sells its own plant-based meat.
Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more.”[2] ” Coining a term and defining the term are two different things.
The price of steel, Ford’s biggest commodity purchase, has spiked 18% since the start of last year. It’s an excuse that’s both valid and not the whole story for Ford, which reports quarterly earnings after the close on Jan. 16 at a Deutsche Bank conference in Detroit. “We Ford Motor Co. We see that continuing in 2018.”.
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