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Drug shortages strike fear into people’s hearts. If you’re a patient in need of a particular drug for a critical health condition, you fear not being able to get access to the medicine you need. If you’re a pharmaceutical company, you fear the hit to your business, both headlines and bottom line. It takes enormous investments in R&D to produce successful drugs.
In my 25+ years as an industry analyst, I have reviewed (and helped craft) many Request for Proposals (RFP) for supply chain and logistics software applications — especially for shippers and third party logistics providers (3PLs) looking for a transportation management system (TMS) or a supply chain visibility solution. Never, in 25 years, have I.
If You’re Not Using Fulfillment Slow Mover Logic, You Might Be Missing Out This blog is co-written by Tony Verdi , Customer Success, and Jennifer Brox , Industry & Solution Marketing Are you feeling pressure from above to squeeze even more margin out of your network? How many inventory dollars are tied up in C and D items? What percentage of your SKUs are segmented as slow movers?
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.
By Alan Glazier (pictured) Commercial Director, One Nexus The post One Nexus’ Pledge to Elevate Customer Service Excellence – A Year in Review appeared first on IT Supply Chain.
The breach may have exposed hundreds of Sisense’s customers to a software supply chain attack and provided the attacker with a door into the company’s customer networks.
The breach may have exposed hundreds of Sisense’s customers to a software supply chain attack and provided the attacker with a door into the company’s customer networks.
Data stands as the cornerstone of the global economy, offering significant leverage to businesses poised for expansion. However, data alone lacks intrinsic value. Without analytical tools and methodologies, navigating through vast amounts of data can be overwhelming. Nonetheless, when harnessed through analytics, data transforms into a powerhouse of valuable insights.
Artificial intelligence (AI) is one of the big “buzzwords” of 2024, which is a shame because the technology’s analytical capabilities have a lot to offer supply chain planners – if you can cut through the hype. I’m never one to jump on the bandwagon with emerging technologies. Sure, they’re cool, and many are worth keeping an eye on, but investing in something that’s flashy and promises to solve all of your problems in a new and exciting way is probably just what it sounds like: too good to be
By Gareth Mitchell (pictured) UK Partner Manager, Heliot Europe The post The shift towards supply chain transparency with asset traceability for manufacturers appeared first on IT Supply Chain.
Supply Chain Matters highlights Airbus and Boeing Q1-2024 commercial aircraft delivery performance. As anticipated, Airbus way outpaced Boeing in quarterly aircraft deliveries, while both aircraft producers continue to deal with their own specific business or supply chain challenges. Airbus Q1-2024 Commercial Aircraft Delivery Performance European based commercial aircraft producer Airbus reported total Q1-2024 commercial aircraft deliveries of 142 aircraft.
Strengthen your operations with the Supply Chain Resilience Checklist. This practical, easy-to-use tool helps your organization prepare for disruptions and ensure long-term continuity in an unpredictable world. Why Download: Identify and assess critical supply chain risks Ask the right questions to evaluate vendor preparedness Implement effective strategies to reduce vulnerabilities Improve communication, transparency, and coordination across your network What You’ll Learn: How to evaluate and m
Smart Software, a leader in enterprise demand planning, consensus forecasting, and inventory optimization solutions, announces the release of the GrowSmart extension in Collaboration with Grow, an Epicor solution. The post Smart Software Launches GrowSmart Extension in Collaboration with Grow appeared first on Smart Software.
Customers will now be able to see inventory projections in the near, short, and long term, enabling them to expose risks, highlight recommended actions early, and evaluate the overall state of their inventory PALO ALTO, CA, April 10, 2024 /PRNewswire/ — ThroughPut Inc. , the Industrial AI Supply Chain Analytics and Decision Intelligence pioneer, today announced the launch of new inventory projection capabilities that will enable businesses to predict the future state of their inventories.
According to the JOC , US retailers have significantly revised their import forecast for the first half of 2024 upwards. This upgrade is buoyed by ocean carriers expanding services across all coasts, signaling confidence against overcapacity concerns.
Customers will now be able to see inventory projections in the near, short, and long term, enabling them to expose risks, highlight recommended actions early, and evaluate the overall state of their inventory PALO ALTO, CA, April 10, 2024 /PRNewswire/ — ThroughPut Inc. , the Industrial AI Supply Chain Analytics and Decision Intelligence pioneer, today announced the launch of new inventory projection capabilities that will enable businesses to predict the future state of their inventories.
“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.
Renowned physicist Stephen Hawking once wrote, “Intelligence is the ability to adapt to change.” The premise is reasonable enough. But what if it’s your business that’s facing a change — and your company’s technology infrastructure is restricting your ability to adapt?
While welcome from a sustainability perspective, the shift to electric vehicles creates challenges for companies that supply traditional components and the original equipment manufacturers that rely on them.
Precoro presents our latest series of product updates. Please feel free to explore at your leisure or navigate directly to the updates that most interest you: New Custom Fields for Suppliers Streamlined approval processes for invoices and purchase orders The ability to select the Supplier Custom Form within documents The option to restrict document visibility New OCR capabilities Improved bulk deletion for the catalog items Streamlined custom document creation New Custom Fields for Suppliers Man
Speaker: Lee Andrews, Founder at LJA New Media & Tony Karrer, Founder and CTO at Aggregage
This session will walk you through how one CEO used generative AI, workflow automation, and sales personalization to transform an entire security company—then built the Zero to Strategy framework that other mid-market leaders are now using to unlock 3.5x ROI. As a business executive, you’ll learn how to assess AI opportunities in your business, drive adoption across teams, and overcome internal resource constraints—without hiring a single data scientist.
The report found that just 79% of nearly 3,000 companies that provided data were simply not aware of the risks linked to their plastic-related activities.
In this week’s edition of The Backorder , you can find: The latest in global supply chain news 5 handy tactics for widening your profit margins Advice from the Director of an edible seaweeds brand Job opportunities from Frucor Suntory, Tails.com, and more In supply chain headlines Victoria seeks to cut down on Australian waste with reusable crates initiative.
The late theoretical physicist Stephen Hawking told the BBC, “The development of full artificial intelligence could spell the end of the human race.”[1] Hawking used the term “full artificial intelligence” to mean artificial general intelligence (AGI) — a system that exceeds human intelligence and is self-aware. The concerns raised by Hawking have only grown in the decade since he gave that interview.
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.
It has been just over two weeks since a container ship lost power and crashed into a support pylon of Baltimore, Maryland’s Francis Scott Key Bridge in the early morning hours of March 26. The collision caused this massive bridge spanning 1.6 miles to partially collapse into the Patapsco River , blocking the main shipping channel that leads to the Port of Baltimore.
Farrukh Mahboob, founder and chief executive officer of PackageX, explains why technological advances aren't keeping pace with the intensifying service demands of e-commerce customers.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
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