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The introduction of e-commerce inevitably meant consumers would use the digital path to purchase more regularly. In fact, every year the percentage of purchases made online increases. Manufacturers aren’t blind to this trend and some of them have developed direct-to-consumer (DTC/D2C) strategies. DTC strategies allow manufacturers to sell products directly to customers, bypassing third-party retailers, wholesalers, or any other middlemen.
What is a third-party logistics provider (3PL)? What is a transportation management system (TMS)? For more than 20 years, I’ve been exploring those questions, and over the years, the answers have continued to evolve. As I wrote last year in “Putting Community In TMS: Enabling The Network Effect In Transportation Management,” and in a follow-up. Read more The Ongoing Convergence of 3PL and TMS Business Models.
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Medtronic MDT has been engaged in a digital transformation. This includes building out a digital twin of their end-to-end supply chain to make it easier for people to make better and faster supply chain decisions. The company has built a data lake to feed LLamasoft’s Supply Chain Analytics Platform, llama.ai, to create their supply chain digital twin.
What Does FreightWaves Do with Dooner. Tim Dooner and Joe Lynch discuss the topic, What does FreightWaves do. FreightWaves is a freight industry leader in data and analytics, logistics industry news and commentary. As one of FreightWaves’ leading voices, Dooner shares his interesting and spirited insights on FreightWaves, podcasting, careers and content marketing.
What Does FreightWaves Do with Dooner. Tim Dooner and Joe Lynch discuss the topic, What does FreightWaves do. FreightWaves is a freight industry leader in data and analytics, logistics industry news and commentary. As one of FreightWaves’ leading voices, Dooner shares his interesting and spirited insights on FreightWaves, podcasting, careers and content marketing.
One of Adexa’s major clients in apparel industry used Adexa supply chain planning applications in order to change production from hosiery to protective mask manufacturing virtually overnight. The company has already delivered 60 million and the production of more than 300 million is ahead of schedule. It may look trivial, however when you have to design and operate a supply chain at this scale and plan on supplies and capacity availability, then it is not that simple!
Geneva, Switzerland, July 6, 2020 – Today, DiManEx is proud to announce that it has joined the World Economic Forum Global Innovators Community, a group of the world’s most promising start-ups and scale-ups that are at the forefront of technological and business model innovation. DiManEx re-invents supply chains with flexible, on-demand manufacturing.
Federal statute 19 U.S.C. 1307 prohibits the importation of merchandise mined, manufactured, or produced, wholly or in part, by forced labor, including convict labor, forced child labor, and indentured labor. As US Customs and Border Protection (CBP) steps up seizures of goods suspected of being produced through forced labor, and US government and NGO's call for investigations of cocoa importing companies, we are introducing a streamlined solution for managing supply chain due diligence so that
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High turnover isn't just inconvenient—it's costly. U.S. logistics businesses lose thousands in training, productivity, and morale every year, with an average quit rate exceeding 27%. Remote-Insourcing changes this reality. Remote-Insourcing seamlessly integrates dedicated, remote professionals into your team, significantly reducing turnover to under 4%.
Innovation is a difficult subject for many organizations. Some companies try to radically innovate, while others take an incremental approach. Some will look to outside sources for solutions and inspiration, whereas some tap into the knowledge that exists within the organization. Sometimes innovation occurs by accident, other times it is the result of a methodical approach.
During the pandemic, the foundations on which retailers, brands and Consumer Products companies rely to determine trade volumes, pricing and promotions have been shaken and, in some cases, broken.
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.
The role of procurement is about ensuring that business operations continue like clockwork no matter how disrupted the business environment is. This involves understanding the current environment as well as foreseeing the potential future environments and preparing for them; specifically market changes, selecting and evaluating new vendors, cutting costs without adding risk to the business, […].
We are currently witnessing a time of unparalleled polarisation within different sections of the global economy. The impact of COVID-19 on economies around the world has resulted in massive increases in redundancies, wiping out much of the positive growth since 2008.
As procurement software and e-procurement solutions become more popular, simply using e-procurement systems isn’t enough in order to compete. To really optimize the return on e-procurement, an organization should dedicate the necessary resources to become masters of every step. This means doing a deep dive into each and every process and procedure built into the […].
The role of procurement is about ensuring that business operations continue like clockwork no matter how disrupted the business environment is. This involves understanding the current environment as well as foreseeing the potential future environments and preparing for them; specifically market changes, selecting and evaluating new vendors, cutting costs without adding risk to the business, […].
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
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