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In recent years, the steel industry has seen creative solutions to long-standing challenges, emerging technologies, and niche market explorations – all of which are changing this traditionally conservative industry. We spoke with Henri Isojärvi, Product Manager at Quintiq with over 10 years of experience working with steel producers. Here, he talked about key trends and challenges that are shaping the industry today.
For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). In 2018, Rockwell Automation won the Supply Chains to Admire Award. To understand the journey, we interviewed Ernest Nicolas, head of the global supply chain at Rockwell to gain insights.
Direct-to-Consumer (DTC) presents special supply chain planning challenges for both smaller microbrands (e.g., eyeglass brand Warby Parker or mattress seller Casper) and much larger consumer goods incumbents, but the planning challenges are different depending on which type of company you are. Direct-to-Consumer represents a small slice of the consumer goods pie, but it is growing rapidly.
For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). In 2018, Rockwell Automation won the Supply Chains to Admire Award. To understand the journey, we interviewed Ernest Nicolas, head of the global supply chain at Rockwell to gain insights.
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
Supply chain risk management (SCRM) is often discussed in terms of prevention, mitigation, and recovery. Prevention, of course, is the most cost effective course of action. The medical community is fond of repeating an adage attributed to the 16th century Dutch philosopher Desiderius Erasmus, “Prevention is better than cure.” Supply chain risk managers undoubtedly agree with that sentiment.
Back in the mid 1990’s when I first entered the Supply Chain field as a freshly minted MBA from the Eli Broad Graduate School of Management at Michigan State University, I was full of “state of the art” knowledge from visionary teachers like Don Bowersox, David Closs, Steven Melnyk and others. I was excited to start my career and apply my knowledge to improve supply chain operations.
Back in the mid 1990’s when I first entered the Supply Chain field as a freshly minted MBA from the Eli Broad Graduate School of Management at Michigan State University, I was full of “state of the art” knowledge from visionary teachers like Don Bowersox, David Closs, Steven Melnyk and others. I was excited to start my career and apply my knowledge to improve supply chain operations.
Dear Community, As 2018 begins to wind down, we want to give you a sneak peek at some of the exciting things we’ve been working on—some fantastic updates that we have for you today—and the major milestones we can’t wait to share with you in January. Overview. The past few months have been a whirlwind! Our business development & leadership teams have been all over the world, attending major blockchain conferences and hosting a suite of events specific to shipping and logistics.
In our last blog post , we covered the pitfalls of using spreadsheets. Excel can’t hold a flame next to the modern, cloud-based retail analytics platforms that are now available. Ready to dump spreadsheets once and for all? Let’s walk through some of the benefits of moving beyond Excel for your retail analytics needs. Make critical decisions faster.
Dear Community, As 2018 begins to wind down, we want to give you a sneak peek at some of the exciting things we’ve been working on—some fantastic updates that we have for you today—and the major milestones we can’t wait to share with you in January. Overview. The past few months have been a whirlwind! Our business development & leadership teams have been all over the world, attending major blockchain conferences and hosting a suite of events specific to shipping and logistics.
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.
Last week, tens of millions of Black Friday and Cyber Monday ecommerce orders were shipped, […]. The post Last Mile Customer Experience Starts with Real-Time Visibility appeared first on Convey.
For business owners, keeping up with the changing demands of customers can be challenging, especially when these demands require considerable changes to the way your business operates. With better inventory control and optimised management, your multichannel operation can perform at a higher level and meet customer expectations. Integrating inventory control with suppliers.
Changing how consumers engage and interact with the food and drink they consume is seen as a big part of the sustainable supply chain conundrum. If people can understand where and how their goods are made, there is a better chance of incentivising more ethical and responsible production further down the chain. So, step forward a new app called Almond.
Subscribe Here! Email Address. Check out Is Your Supply Chain A Cost Centre or a Value Creator? Supply Chain is a very difficult business area to work in. It is not for the faint of heart. But the fact that it is such a challenging area, promising both risk and reward, is one of the things that makes it an exciting career path. These are hard jobs.
MENLO PARK , SILICON VALLEY, Calif., Dec. 3, 2018. ThroughPut Inc., the Artificial Intelligence (AI) Supply Chain pioneer that enables companies to detect, prioritize and alleviate dynamic operational bottlenecks just-in-time today announced the appointment of global lean & Just-In-Time expert, Mr. Takao Sakai , to the Executive Advisory Board.
Why You Should Consider Freight Procurement Sourcing Solution. Procuring raw materials or finished goods is one thing, but the processing of moving those goods from one place to another brings its own set of challenges. Whether you’re in charge of ordering the “things” or managing how and where those things get from A to B, both sides of the procurement equation stand to benefit from freight procurement automation.
As explained by Gary Frantz of Transport Topics , products requiring in-home installation or setup form one of the fastest growing sales’ areas in e-commerce. Appliances, electronics and even home repairs are combined with the online shopping experience , so it is not enough to get a shipment to its destination. Shippers must recognize the need to go further, including the installation or setup of a product, as well as maintaining visibility and control over the shipment throughout transit
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.
Growth, global expansion, and building complex networks of partnerships are a boon to businesses, but they also come at a price. Greater complexity invites greater risk and room for error, and if companies aren’t careful, they may easily enter into unwieldy processes and systems that are ineffective and inefficient.
Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s “The Freight Project” Podcast episode Cerasis welcomes Eric Workman, the Cerasis Customer Service Manager. Eric oversees our auditing & billing department as well as our freight damage claims department. Both services help streamline shippers’ internal processes by saving them time and money by not having to dedicate resources to do either of these functions.
When facing options for shipping large items, some of your choices might seem expensive. When shipping items under 70 lbs, parcel shipping is typically the most cost-effective shipping method. Parcels can often be shipped via ground or economy, depending on your specific item and requirements. However, if your item weighs over 70 lbs, the quoting process can get a little bit more confusing.
Reefer activity picked up after Thanksgiving, but not nearly as much as dry van freight. Right now, retail and e-commerce are driving trends in the transportation industry, which has lifted van rates, but prices fell on a lot of the major reefer lanes. Demand for reefers could heat up again as we get closer to Christmas. Meanwhile, meat and potato-growing regions in the Midwest saw big upticks in volumes last week, and fresh fruit and vegetables boosted load counts out of California.
“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.
When facing options for shipping large items, some of your choices might seem expensive. When shipping items under 70 lbs, parcel shipping is typically the most cost-effective shipping method. Parcels can often be shipped via ground or economy, depending on your specific item and requirements. However, if your item weighs over 70 lbs, the quoting process can get a little bit more confusing.
Everyone came back from their Thanksgiving breaks with plenty of work to do last week. Truck posts on the DAT load board were up 21%, which is right in line with what’s typical when comparing a full work week to a holiday week. But load posts shot up 54%, so demand for trucks is hot right now. That pushed the national average van rate higher, with demand fueled by e-commerce and retail.
What These Additional Charges Mean For Importers Source Stuck trying to figure out the difference between demurrage and detention charges? You’re not alone. Importers and exporters are often confused by […]. The post Understanding the Difference Between Demurrage and Detention appeared first on Promptus, LLC.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
In a recent project, a leading medical equipment manufacturer dealing with high damage rates engaged Chainalytics’ Packaging Optimization team to design a best-in-class packaging solution to allow for safe handling, transport, and damage reduction. Each year, millions of people across North America are admitted into temporary and long-term medical care facilities for a variety of … The post Improved Packaging Strategy Greatly Reduced Product Damage for Leading Medical Equipment Manu
It’s no surprise that e-commerce shipments are an increasing part of the distribution activities for B2C manufacturers and retailers; however, the large amount of big, bulky, dense, fragile and high value products, which often require LTL services instead of parcel, has added a surprising level of complexity for many companies. With these diverse product types … The post “Big and Bulky” Products Add Complexity to Omni-Channel Distribution and Last Mile Strategies appeared first on Chainaly
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