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Modern supply chains today must be intelligent, data-driven, and employ every advanced digital tool and automation application under the sun. At least that’s what today’s business pundits evangelize. But how? Artificial Intelligence (AI), particularly Generative AI, has created a multi-decibel buzz that is unclear, disruptive, inspiring, and annoying all at once.
BOSTON, MA and MILAN, ITALY – April 18, 2024 – ToolsGroup, a global leader in supply chain planning software, is set to unveil its latest innovations in decision-centric planning at Hannover Messe. As a pioneer in adopting AI-driven solutions that enable supply chain executives to navigate uncertainty, ToolsGroup has long been on the cutting edge, enabling smarter, faster decisions that drive profit.
The shift to omni-channel selling has created many challenges for retailers across their order management and fulfillment operations. Demand forecasts need to be accurate to ensure profitability — even in the face of unprecedented volatility. Consumers need real-time visibility to inventory. Products must be strategically allocated across channels, as well as located as close as possible to demand.
A preview of the second annual Global Supply Chain Marketing Summit, to be held June 5-7, 2024 at the Ritz-Carlton on Amelia Island, Florida, with original cohort member Lisa Beck, director of marketing and business development with Ortec.
PTC was named the outright leading vendor in ABI Research’s 2024 Enterprise PLM for Large Manufacturing Competitive Assessment. Arena earned high scores in both assessment categories, Innovation and Implementation, ensuring PTC received the #1 vendor score and matrix placement over competitors such as Siemens, Dassault, and Propel. ABI Research’s detailed study assessed and compared 11 PLM providers to offer an unbiased assessment and ranking.
PTC was named the outright leading vendor in ABI Research’s 2024 Enterprise PLM for Large Manufacturing Competitive Assessment. Arena earned high scores in both assessment categories, Innovation and Implementation, ensuring PTC received the #1 vendor score and matrix placement over competitors such as Siemens, Dassault, and Propel. ABI Research’s detailed study assessed and compared 11 PLM providers to offer an unbiased assessment and ranking.
Complex dynamics shape the global automotive industry’s transition towards battery electric vehicles (BEVs). Today, Western automakers face strategic considerations and challenges amid evolving regulatory landscapes, geopolitical tensions, and competitive pressures, particularly considering China’s growing dominance in the BEV sector. Recent media reports have suggested that the White House has been contemplating responding to political and industry feedback by potentially delaying t
If you want to sell products internationally, you’re going to have to pay taxes and duties upon formal entry to the destination country, right? Well, not necessarily. Many countries have what’s called the de minimis threshold which in Latin means “too small to be meaningful or taken into consideration.” Therefore if your product’s value is under a country’s particular threshold, it may be considered tax and duty-free.
Across the globe, manufacturing businesses are navigating economic uncertainties with increasing sophistication. Critical to guiding them through today’s fluctuating markets is the accuracy and actionable intelligence derived from data. Insights gleaned from robust data analytics enable core business areas to identify opportunities for risk reduction, enhance operational efficiencies, and foster strategic initiatives that drive business growth.
The System IS the User A Novel Approach to Supply Chain Planning Systems have always been designed to augment and help the users to make better and faster decisions. Their role has been the role of an assistant or a helper to carry out numerical calculations or mundane and routine tasks that can be automated. In software much the same as hardware, so-called robots and routine processes are automated making the job of the users easier and higher quality decisions are made a lot faster.
“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.
The manufacturing industry thrives on efficiency gains. Any opportunity to minimise waste and reduce your business costs means greater revenue, higher profits, and happier customers. Just-in-time (JIT) manufacturing is a production management approach that helps you lift efficiency and streamline your operational processes. Here’s how it works. What is just-in-time manufacturing?
The trading world is a perfect candidate for artificial intelligence-based tools and capabilities, to enhance the quality and productivity of classification and compliance.
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
Emissions reduction isn't only a business imperative — it's an environmental necessity. Scope 3 reporting motivates the business world to generate impactful change.
Choosing between FedEx and UPS for parcel delivery involves complex decisions. LogiNext's logistics management software revolutionizes this process by enabling businesses to switch carriers based on real-time analytics and performance data. This adaptability ensures the most cost-effective and efficient delivery choices, tailored to specific business needs and customer preferences.
As we discussed in The Key to Agility (Part 1) the development of modular enterprise resource planning (ERP), coupled with the shift to cloud-based solutions, has created opportunities for organizations to develop greater agility and resilience. A cloud-based modular ERP gives companies the ability not only to pivot during times of unexpected turbulence, but also to approach their businesses with a more open mind; they can achieve agility, resilience, as well as opportunity.
Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.
This article ranks the top 10 food and beverage service providers leading the way in sustainability. From reducing plastic waste to implementing energy-efficient practices, these companies are setting benchmarks in environmental stewardship. The report delves into each company’s specific initiatives, such as sourcing renewable energy, utilizing biodegradable packaging, etc.
Capstone’s latest Asset-Light 3PL M&A Update reports it has been a difficult operating environment for third party logistics (3PL) providers since mid-2022, tempering merger and acquisition (M&A) activity over the period. Capstone expects the pace of 3PL M&A activity to improve in the later part of 2024 as an acceleration in freight growth improves sector financial performance […] The post Slow Asset-Light 3PL M&A Activity, But Emerging Signs of Improvement in 2024 appeared
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
Many experts believe the era of “hyper-globalization” is coming to an end — writing has been on the wall for years. What’s replacing hyper-globalization? Some call the new era “localization” or “glocalization.” Some people, including me, prefer the term “regionalization.” I started writing about the movement towards regionalization back in 2008.
Supply Chain Matters again points to the conflicting stakeholder interests that continue to result in U.S. wide shortages of life saving pharmaceutical and drug supply. This condition is not something new but rather a reflective of decades old dysfunction in stakeholder financial and other interests. Record High Drug Shortages Business and general media have cited data from the American Society of Health-System Pharmacists ( ASHP ) that indicates 323 critical drugs were in shortage during the fi
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