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Supplychain leaders will face 2018 with uncertainty and opportunity. Digital technologies are becoming more prevalent in basic supplychain functions, and changes in legislation are likely to spur dramatic changes that will result in the need to reevaluate supplychain strategy in both domestic and international locations.
The application of blockchain in the supplychain is among the greatest innovations to take root in the shipping industry. Even though the technology is still new, its potential cannot be ignored, and supplychainexecutives need to know why. The complexity of modern supplychain is extensive.
Companies of all sizes have been capturing the value from Global SupplyChain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supplychain operations. However, you may wonder what kind of practices really work.
Oracle has announced new role-based agents that are being embedded into the Oracle Fusion Cloud SCM and Manufacturing software applications suite. Margin and risk resilience Procurement policy advisor : Helps procurement professionals increase the speed and accuracy of creating, processing, and fulfilling purchase requisitions.
In fact, at one conference this spring, after delivering a keynote presentation that had nothing to do with technology, the very first question I received from the audience was “What do you think about blockchain and its potential in supplychain management?”. IBM Watson SupplyChain Summit.
Technology Leader Gives Students Hands-On Experience With AI-based SupplyChainExecutionSolutions. Logility recently added onto the experience, allowing students to dive further, learning how to source vendors, issue purchase orders and even track work-in-process and inbound shipments. ATLANTA – Nov. About FIDM.
I’d welcome the opportunity to meet with supplychainexecutives to discuss your research questions and objectives for the coming year, and with technology companies and 3PLs to get an update on your products and services. SAP Ushers in New Era of Collaborative SupplyChain Management. Macy’s, Inc.
Supplychain management is a multi-faceted process with many stakeholders and even more moving parts. New technology aims to make the supplychain more efficient, yet investing in the wrong technology further complicates productivity while hindering profitability. Here’s some research on this topic.
The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of softwaresolution, intake-to-pay, which is marketed as a more comprehensive solution. What is procure-to-pay? a driverless car). a driverless car).
Now, on to this week’s supplychain and logistics news… CMA CGM to acquire NOL, reinforcing its position in global shipping. MercuryGate extends invoicing and document management solution with HubTran integration. SAP Launches Enhanced SupplyChainExecutionSoftware for Faster Logistics Planning.
Check out What is Virtual Procurement and Why Should You Care? At SupplyChain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. Procurement is an integral part of any company in any industry. Jill is a true, seasoned leader and expert in Procurement.
Subscribe to SupplyChain Game Changer. The SupplyChain Game Changer Job Board! SupplyChain heroes article originally published by, and permission to publish here provided by, Adam Robinson on [link]. . Supplychain leaders and heroes will face the year with uncertainty and opportunity.
Increasingly, however, articles about blockchain technology focus on how it can help improve supplychain operations. Today’s supplychains are mindbogglingly complex and blockchain has the potential to address some of that complexity. Addressing supplychain complexity. ”[1]. ”[1].
The application of blockchain in the supplychain is among the greatest innovations to take root in the shipping industry. Even though the technology is still new, its potential cannot be ignored, and supplychainexecutives need to know why. SupplyChainExecutives May Not Understand Blockchain Technology.
Check out The SupplyChain Game Changer Job Board! Supplychain leaders will face 2018 with uncertainty and opportunity. Data visualization can be applied to any supplychain process that presents users with information enabling the immediate adjustment of operations or sharing of information.
The need for MDM has always been important, but with the increasing multi-tiered purchase and sales environments, the need for centralized MDM is becoming even more important. Spreadsheets are powerful tools to manipulate data but are not ideal to support enterprise requirements. Document control. provide license management.
If you were to tell me that your company had never looked at its supplychain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supplychain cost reduction, I wouldn’t be surprised at all.
By converting all that information into a dynamic virtual representation of the real world, Logistics increases control over the global supplychain and is able to provide greater support to internal organizational teams that are reliant on that information. Digitization is more than email or a scanned document.
As warehouses embrace technology to optimize the supplychain and reduce fulfillment costs , many companies are considering making the move to an automated warehouse. Once you have completed this self-assessment of your technical and cultural readiness, you will have a much better idea of how to move to an automated warehouse solution.
For example, Hailey Lynne McKeefry ( @HaileyMcK ) writes, “Supplychain professionals are talking a lot about blockchain, and how it can be applied to address the increasingly global and complex nature of the supplychain. They are: Tracking products moving through the supplychain. Managing inventory.
Trillion industry, yet is often described by experts as a “cottage industry” due to the lack of maturity surrounding its contract management and supplychain practices. Research suggests that up to 40% of funds spent are non-value-added in nature. Healthcare in the United States of America is a USD $3.2
The need for MDM has always been important, but with the increasing multi-tiered purchase and sales environments, the need for centralized MDM is becoming even more important. Spreadsheets are powerful tools to manipulate data but are not ideal to support enterprise requirements. Document control. provide license management.
The need for MDM has always been important, but with the increasing multi-tiered purchase and sales environments, the need for centralized MDM is becoming even more important. Spreadsheets are powerful tools to manipulate data but are not ideal to support enterprise requirements. Document control. provide license management.
Last week we published a SupplyChain Matters Technology Perspectives commentary that was titled: Implications of a More Conservative Private Equity Funding Climate in the Month Ahead. Later stage investments in supplychain tech firms are likely going to be more challenging without a compelling business strategy and growth plan.
Second, as this is the easiest solution to the problem, demand for low-sulfur fuel will increase, resulting in increasing fuel prices, and therefore increasing costs for shippers. SupplyChain Technology. Supplychainexecution platforms are quickly gaining functionality and becoming more commonplace.
Second, as this is the easiest solution to the problem, demand for low-sulfur fuel will increase, resulting in increasing fuel prices, and therefore increasing costs for shippers. SupplyChain Technology. Supplychainexecution platforms are quickly gaining functionality and becoming more commonplace.
By converting all that information into a dynamic virtual representation of the real world, Logistics increases control over the global supplychain and is able to provide greater support to internal organizational teams that are reliant on that information. Digitization is more than email or a scanned document.
In this SupplyChain Matters technology focused commentary, we share our impressions of the announced Movement by project44 ® visibility platform release and the broader implications toward garnering the ultimate goal of end-to-end logistics synchronization and decision-making. Open Visibility Network.
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