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Supply chain performance relies on forward-thinking SCP and business forecasting, a coveted place where executives can solve for future problems – today.
Many retailers have implemented buy online, pick up in store (BOPIS) strategies without realizing it. Although the name invokes the fears of coding and advanced systems, it refers to the process of buying a product online and picking it up in the store, i.e., BOPIS. This concept gives supply chains a non-traditional means of fulfilling.read More. The post As Retailers Eye Final Mile Strategies, They Launch BOPIS to Neutralize Costs appeared first on Transportation Management Company | Cerasis.
Product lead time is crucial in the life sciences industry and represents a key consideration for customers’ purchasing decisions. For this reason, BD Biosciences aimed to optimize its global supply and distribution network to reduce delivery lead time to customers and optimize its global inventory. How was BD Biosciences successful in reducing global distribution lead times between 30% and 60% in addition to: Increasing agility to prioritize urgent and ad-hoc customer requests Increasing global
Sustainability is an initiative that thankfully more companies are taking on. One area of concern for a lot of people is around single-use coffee pods. These pods are one of the best (or worst) examples of unnecessary single-use plastics that are polluting our planet. Coffee pods can wind up in rivers where they wash into lakes and oceans. Over time, the plastic breaks down into smaller pieces that choke and kill wildlife.
“Papi, why don’t you have a six pack,” my oldest daughter asked me last week while we were on vacation. I had just returned from a 72-mile bike ride and had taken my jersey off. “What do you mean?” I replied. “Well, you cycle so much, for so many hours, I’m just wondering why you. Read more Above the Fold: Supply Chain Logistics News (August 16, 2019).
“Papi, why don’t you have a six pack,” my oldest daughter asked me last week while we were on vacation. I had just returned from a 72-mile bike ride and had taken my jersey off. “What do you mean?” I replied. “Well, you cycle so much, for so many hours, I’m just wondering why you. Read more Above the Fold: Supply Chain Logistics News (August 16, 2019).
Generation Z consists of people born from the mid-90s to mid-2000s, meaning that over the last few years the generation has been leaving college and entering the workforce. They are the first generation to have grown up in a world of smartphones, internet and online shopping. As a result, they have greater expectations from ecommerce stores when it comes to communication, customer experience and business values.
If you’re involved in the manufacturing or distribution business, you’ll know how important it is to deliver to your customers on time. When a product lands into a customer’s hands on time, this leads to greater customer satisfaction. On the other hand, if a product is late, a customer can become disgruntled and brand loyalty can diminish. When it comes to late delivery, a fundamental reason why products are late is because of poor supplier performance.
Robots are a cornerstone of a smart factory, automating a wide range of manufacturing tasks that are monotonous, physically straining, or even hazardous. However, real-world robotics deployments have not lived up to the revolutionary potential the industrial sector had originally envisioned. Robot implementations are typically confined to specific applications, carry high costs, and are time-consuming.
I have been a spot market pirate for almost nine years. As a pirate, you want to get in and get the good stuff. This means I use lots of tools to know where the most demand is for the trailer I pull.
During the second quarter of 2019, freight brokers enjoyed their highest margins in two years. That extra margin helped offset a decline in load counts and revenues, compared to Q2 2018.
More often than not, discussions about food focus on how things taste. A lot of people use the terms “taste” and “flavor” interchangeably — and that is unlikely to change; however, tastes have a biologic basis. The current scientific inquiry is into whether humans have the ability to identify five or six specific categories of taste. Scientists first believed there were only four tastes: sweet, bitter, sour, and salty.
With advances in technology driven by artificial intelligence and the creation of data lakes, organizations are coming to recognize their value to industrial production.
Schools will be back in session in a few short weeks, and for some, classes have already started! As kids cram an array of notebooks into their backpacks and parents rush to assemble lunches so their kids are ready to hop on the bus, it’s important to remember that this change in season has a […]. The post 7 Back-to-School Safety Tips for Truck Drivers appeared first on Kuebix.
Product pricing strategy is a crucial aspect of a business that directly affects inventory, sales and profitability. If a business sets prices too high, customers might choose to buy your competitors products, while low prices may lead to other implications including less revenue. A dynamic pricing strategy is a type of price discrimination that tries to find the optimum price point at any time.
As a Chief Financial Officer specializing in manufacturing, I enjoy working to mitigate a wide variety of risks. Mitigating risk is a data-driven exercise, which is the kind of exercise I enjoy, especially when my efforts are augmented (along with my eyestrain), by increasingly intelligent AI machines empowered with cognitive technologies. The key, of course, is data, the […].
The $53 trillion manufacturing economy in the US is undergoing a major automation paradigm shift due to Artificial Intelligence (AI). Thanks to new practical frameworks, automation projects that were once impossible or inefficient to implement are now being fast-tracked, and robotics automation is becoming increasingly relevant to a growing number of users and scenarios.
UPS has announced what can be seen as a monumental change to their holiday pricing: No residential surcharges will be applied during the 2019 holiday shopping season. (except when contractually required). In the press release accompanying the announcement, UPS Chairman and CEO David Abney stated: “This announcement enables UPS customers to plan now for a great holiday shopping season and to satisfy their customers by utilizing UPS’s industry-leading on-time delivery service, once again this year
Part 1 of what caused the demise of the Interstate Commerce Commission. Here is a partial list of carriers that have shut down operations but were going strong in 1980, which was the start of the “sunsetting” of the ICC. APA Transport. St. Johnsbury. McLean. Consolidated Freightways. East Texas Motor Freight. TIME-DC. Associated. Nelson. Holmes. Sanborn.
Santos is one of Australia’s largest natural gas producers, and Requis is proud to host an auction of their surplus and used assets. Over 3,000 individual assets are up for bidding – over 300,000 kg – including OCTG, over 13,000m of assorted cable, completion and drilling tools, subsea and wellhead equipment, seals and gaskets, and miscellaneous hardware.
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
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