This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
This eliminates the need for lengthy back-and-forth communications and manual data entry by delivering a single source of truth. It’s time to reimagine your supplychain Start now Joe Slater and Jonathan Doller at NASCES 2024. But with the adoption of GenAI, this company can completely reimagine its S&OP process.
Exigers platform offers a risk-illuminated knowledge graph, leveraging proprietary and open-source data to map supplier networks down to the raw material level. Governments worldwide are taking decisive action, enacting stringent regulations against forced labor that mandate corporate accountability and ethical sourcing.
We predicted that “ direct materials sourcing strategies will continue to include needs for future growth markets for products and services along with business supply network sustainability needs from either a business resiliency or sustainability commitment lens. supplychain activity. supplychain activity.
In its latest update the FDA indicated that revised exemptions “ applies to any product transacted by eligible trading partners who have successfully completed or made documented efforts to complete data connections with their immediate trading partners, but still face challenges exchanging data.”
Procurement categories are a grouping of materials or services that have similar supply and usage characteristics to meet business objectives. Category management is different from the “strategic sourcing process”. Category management is most definitely not about putting a new veneer on the strategic sourcing methodology.
Mike Hubbard also shared a document which provided a terrific summary of strategies that companies can begin to prepare for the potential upcoming tariffs. I have summarized some of the key points in this document that I believe are important for supplychainexecutives to consider.
Or, we could look at the Gartner top 25 supplychains list. That famous ranking used to be released at a dinner the Gartner SupplyChainExecutive Conference in May (now called the SupplyChain Symposium), but this year it was again released in a webinar a few weeks after the conference. Gilmore Says.
Business Insider (Paid subscription) , citing an internal document, later echoed by Reuters , had reported that FedEx garnered cost favorability compared with rival FedEx in securing this new partnership deal. A third party has indeed been the U.S. Postal Service (USPS) particularly for last mile delivery involving rural or dense urban U.S.
Source: [link] This blog was written at Dr. Muddassir Ahmed’s request. In a recent post, he was discussing the challenges of integrating enterprise supplychain software: Learn More about the Challenges with Dr. Time Employees are overburdened by keeping your business running. Cost Time is money.
For years, I’ve been telling supplychainexecutives to think beyond Facebook, LinkedIn, and Twitter when thinking about the role of social networking in supplychain management. Here are some excerpts from the press release: Twitter is like no other data source in the world. Are you a believer or a skeptic?
Data Types and Quality Variances Complicate Managing SupplyChain SLAs In the U.S., Each potential relationship represents the need for an SLA, and since the descriptors and terms vary, shippers and supplychainexecutives must thoroughly understand their responsibilities and expectations defined within each SLA.
Second, avoid islands of isolation and limited impact by integrated AI into your supplychain so the results are aligned end to end. One supplychainexecutive told me AI makes him feel a bit like a deer in the headlights, which is why it’s worth stating that you don’t have to embark on this journey alone.
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.
Technology Leader Gives Students Hands-On Experience With AI-based SupplyChainExecution Solutions. 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. ATLANTA – Nov.
Supplychain practitioners are asked to accomplish more with less, to be involved in more business processes and deliver more value-added capabilities while lowering costs and ensuring high customer service. To gain executive buy-in develop a business case showing substantial hard and soft benefits.
In this article, we will show you tips from worldwide experts that you can use to streamline your global supplychain operations. Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supplychain networks.
To learn more about the 2022 Rock Stars of the SupplyChain Awards and see the complete list of winners, visit [link]. Food Logistics reaches more than 26,000 supplychainexecutives in the global food and beverage industries. s current Form 10-K and other reports and documents subsequently filed with the SEC.
a leader in supplychain innovation powering the sustainable and resilient enterprise, has partnered with ArcherGrey to strengthen consulting and technology solutions for its customers. s current Form 10-K and other reports and documents subsequently filed with the SEC. ATLANTA – October 7, 2021 – Logility, Inc.,
Food Logistics reaches more than 26,000 supplychainexecutives in the global food and beverage industries. The audience includes executives in the food sector and the logistics section who share a mutual interest in the operations and business aspects of the global food supplychain. About Food Logistics.
The flexible and configurable design of the Logility platform has greatly reduced our reliance on legacy systems and has established a trustworthy source of truth.”. s current Form 10-K and other reports and documents subsequently filed with the SEC. For more information, contact: Kevin Liu, American Software, Inc., (626)
In my last blog post, “ Will your supplychain lead in the next decade? ,” I talked about Gartner’s first-day focus at their SupplyChainExecutive Summit in Phoenix, Arizona. This is an especially important message for manufacturers’ supplychain organizations.
According to sources, Stevedores are demanding advance payment in cash. How long will you be able to recover your supply through alternate sources or from the impacted supplier? However, by having well-documented contingency processes, it will likely help you recover faster than your competition when impacted by a disaster.
Structured and unstructured data including that from social media, Internet of Things (IoT) and Blockchain sources continue to stream in but much is left untouched. A bigger challenge is the need to transform traditional supplychain operations to a digital landscape where big data is embraced and used by a new breed of supplychain talent.
Manufacturers with a global supplychain network took the brunt of suspended operations during the pandemic. Now there are increasingly competitive and political pressures to bolster their domestic production, resume hiring, and minimize or eliminate their reliance on external sources that are perceived as risky. electronics).
This invite-only event brought together supplychain and IT executives from a cross section of companies, along with several executives from IBM, including Jeanette Barlow, Vice President of IBM SupplyChain Solutions, and Ron Castro, Chief SupplyChain Officer at IBM. Source: IBM.
Enabling accessibility to trade compliance MDM by those responsible for the source inputs (i.e., Well designed trade compliance MDM enables the delegating of compliance tasks to the logical professionals allowing for the streamlining of work processes whether it be in product development or supplychainexecution.
Recent studies have shown that transportation is the single largest source of greenhouse gas emissions in the United States. In 2007, the U.S. Department of Energy calculated that CO2 emissions from transportation surpassed two billion metric tons ; it’s hard to imagine what that number looks like today.
Recently I attended a conference for Strategic Sourcing in the medical device manufacturing sector. About 60 Procurement Managers, Directors, and Executives attended from top medical device manufacturing companies. The latter is of particular importance since second sourcing can often be very expensive in this sector.
Supplychain practitioners are being asked to accomplish more with less, to be involved in more business processes and deliver more value-added capabilities while lowering costs and ensuring high customer service. Often to gain executive approval requires a business case showing substantial hard and soft benefits.
As a regular procedure, risk reduction and recovery strategies must be documented. Open-source software may provide a security risk, and sufficient monitoring for these configurations is critical. Bring-your-own-device (BYOD) regulations are a significant source of malware and phishing in the supplychain.
You must enlist supplychain participants as stakeholders and ensure that everyone is engaged within their role in making production run as smoothly as possible, both internally and externally.”[7] Every step of the supplychain from sourcing to delivery requires seamless collaboration. Footnotes. [1]
Great global supplychains move product from source to destination with minimal friction. Friction in the global supplychain occurs at those points where disruption to the supplychain plan can manifest itself and impede the smooth flow of product in its international journey. Logistics execution.
For over 16 years, industry executives, technology innovators and regulators have trusted Axendia to provide analysis, advice and insights at the intersection of business, regulatory and technology domains based on trusted sources. ? ? ? ? ?. We were very document-centric. Supplychain issues are real.
The biggest career transformation for me was after leaving Dell when I joined Lucent in 2002 and entered supplychain in technology sourcing. This was my first foray into the world of supply. What are some of your greatest achievements in the SupplyChain and in Business? I have not looked back since!
A best-case analog scenario is that information is maintained in “Word”, spreadsheet, or PDF documents. Digitization is more than email or a scanned document. ISF, Invoices, Packing lists, Bills of Lading, Specifications, Documents, Pictures). Analog information is mostly static. Analog information is paper-based.
Global supplychain risk management continues to evolve and embodies a consideration of possibilities and outcomes by supplychainexecutives totaling in the millions. As an additional example, the Turvo Drive App provides this level of visibility and joins it with a centralized document storage capability.
I am a Strategic Sourcing & SupplyChainexecutive with close to three decades of experience spanning multiple industries including; High-Tech, Telecom, Banking, Financial Services and Consulting. The term Strategic Sourcing had yet to become reality and is only now gaining understanding. True story).
With a global pandemic continuing to place bumps on the track and the Russia-Ukraine war negatively impacting sourcing and other capabilities, disruption is the most common occurrence within international and domestic supplychains. Documentation and Paperwork Errors. Freight Invoice Errors- What You Need to Know.
Enabling accessibility to trade compliance MDM by those responsible for the source inputs (i.e., Well designed trade compliance MDM enables the delegating of compliance tasks to the logical professionals allowing for the streamlining of work processes whether it be in product development or supplychainexecution.
Enabling accessibility to trade compliance MDM by those responsible for the source inputs (i.e., Well designed trade compliance MDM enables the delegating of compliance tasks to the logical professionals allowing for the streamlining of work processes whether it be in product development or supplychainexecution.
Charlie Wilgus @Lucas_Group Charlie Wilgus is the General Manager of the Manufacturing & SupplyChainExecutive Search Division at Lucas , North America’s premier executive search firm. One of the things we specialize in at KaizenTek are blockchain-based solutions for managing supplychaindocuments.
Business and supplychainexecutives are also incentivized to spread awareness and come up with sustainable strategies. Download the Ebook: SupplyChain Sustainability and Profitability with Green Logistics. Sources: ?? How can businesses improve their green footprint? Book a demo with us! Schedule Demo.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content