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by Alexa Cheater Successfully managing your supply chain means making decisions. A lot of them. But the reality for many is that the tradeoffs and choices they’re making are based on outdated or inaccurate data. How can you be sure you have the information and insight you need to make the best supply chain decisions possible for your business? Today’s planning reality leaves too much room for uncertainty.
A survey by the Contract Packaging Association revealed that 70% of contract packaging and contract manufacturing companies are concerned that the regulatory environment could negatively impact business in the coming years.
How CFOs are Leveraging Intelligent Control Towers to Align Financial and Supply Chain Decision-Making Today’s modern organization comprises a complex. The post Optimizing the Modern Enterprise with a Control Tower for CFOs appeared first on The Network Effect.
Part II in our series on assessing your network design’s maturity . As we wrote in Part I of this series , we recently ran a quiz to help supply chain professionals benchmark their network design maturity. Results show that the majority of respondents use spreadsheets to support network design and consider themselves “advanced beginners” in the use of network optimization technologies.
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
The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. Shippers need to consider how the freight data trends will affect dropshipping, omnichannel shipping, reporting capabilities, and much more.
Part II in our series on assessing your network design’s maturity . As we wrote in Part I of this series , we recently ran a quiz to help supply chain professionals benchmark their network design maturity. Results show that the majority of respondents use spreadsheets to support network design and consider themselves “advanced beginners” in the use of network optimization technologies.
Part II in our series on assessing your network design’s maturity . As we wrote in Part I of this series , we recently ran a quiz to help supply chain professionals benchmark their network design maturity. Results show that the majority of respondents use spreadsheets to support network design and consider themselves “advanced beginners” in the use of network optimization technologies.
Big data seems like old news; but, it becomes more important every second of every day as humongous amounts of data are generated. Gillian Tett ( @gilliantett ) notes the word “data” comes “from the Latin verb ‘to give’, presented in the neuter past participle, which could be translated as ‘that which is given’ — or even ‘a gift’ ”[1] She believes the etymology of the word is entirely appropriate.
Last year, the ripple effects from new tariffs on imports from China rocked warehouses and ports in America. At the Port of Los Angeles, for example, a sudden rush of shipments overloaded the local warehouse market. With the threat of more trade tensions on the horizon in 2019, shippers should optimize their supply chains now to minimize disruption.
The transportation and logistics industry has traditionally been defined by trucks and infrastructure, but over the past several years technology has begun to change the way business is done.
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.
Delivery Experience Management (DEM) is the art of proactively ensuring that your customers get […]. The post Delivery Experience Management is the Future of the Last Mile appeared first on Convey.
For many organizations, globalization, outsourcing, and extended supply chains are effective strategies to increase efficiency and achieve economies of scale, however, these benefits are accompanied by the significantly increased risk to quality, safety, business continuity, reputation, and more.
As a successful small business owner (or employee of one), you likely often find yourself doing the job of five people. You juggle a wide spectrum of tasks, job roles, and timelines in order to reach, maintain, and continue the growth of your brand. If you’re a product-based business, as it grows, so do your shipping needs. While pricing is extremely important to you, you may not have the time to haggle on LTL and parcel rates.
“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 increasing legal and social acceptance of cannabis raises thorny questions about work safety, impairment, and use on premises, learn about upcoming developments and some ways you can prepare your supply chain for the changes.
It's a brand new #SCU30 episode where we invite some of the youngest and brightest minds on the air to tell their story their way. This week we're featuring 2016 East Carolina University graduate / Emerson Cargo Solutions regional sales manager Daniel Knauer. Daniel joins us three years into his career to discuss life after university, adapting to new supply chain solutions and roles, the power of relocation for employment, pedaling a pub crawl, and the struggles of being a Browns fan!
Blockchain technology has obvious and practical uses in situations that require visibility across several entities, like supply chains, when a supply chain forms a blockchain it can tell you all of the relevant real-time details of a required asset, like who the shipper is and what phase of logistics the asset is in.
While supply chain risks continue to proliferate across many industries, businesses are discovering that assessing and managing them — as well as helping their trading partners improve — is a considerable challenge. At the same time, sustainable product categories are becoming a strategic growth area in many industries, with Unilever, who found significantly higher growth rates for sustainable brands, being a perfect example.
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 Importance of a Connected Supply Chain. Most companies rely on traditional processes to ensure the gap between demand and supply is as small as possible. These include forecasts and purchasing plans, which are used to order the necessary materials on time. To factor in some variation, companies may have a distribution plan in place, all of which come together to give the customer a precise delivery window.
Introduction. In today’s Internet-fuelled world, speed to market is critical for both online retailers and brick-and-mortar stores. So optimizing your supply chain and squeezing every bit out of it is important in getting a competitive advantage over other retailers. Cross-docking is one way to get products out there faster and more efficiently.
Back in October 2018, a US district judge in Arkansas ruled that PAM Transport, a trucking company based in the state, would have to pay its drivers at least minimum wage for the 16 hours each day that they work. A couple of weeks ago, the judge reaffirmed his ruling. As reported by Business Insider : US District Judge Timothy Brooks reaffirmed that PAM Transport violated federal labor laws when they didn’t pay their truck-driver employees at least minimum wage for every non-sleeping hour
Better Together. That was the theme of this year’s sales kickoff meeting in Lisbon, Portugal. The theme referenced how Axway is better together with its customers, better together with its partners, and even better together when Sales and Marketing align.
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.
Mistakes become more costly as development progresses. Here's what to consider when designing an industrial IoT product or network. The post Proven recipe for an effective Predictive Maintenance Program appeared first on Seebo Blog.
How to Safely Operate a Truck in Winter. Every winter season brings with it several hazards that impact truck drivers, such as snow, ice, and dangerous roads. Driving these large vehicles in hazardous conditions increases the risk of being involved in an accident. Fortunately, veteran truckers have learned from experience and developed methods to avoid accidents during the season.
There is a positive correlation between the quality of a company’s inventory control and its financial performance. Many financial ratios incorporate inventory values to measure aspects of a business’ financial health. For example: Inventory turnover ratio helps a business to plan and to more accurately forecast the cash necessary to reinvest in inventory stock based on past sales performance.
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
Starting with Location Data A robust carrier intelligence (Link to Article) system uses a mixture of data sources to procure capacity in an intelligent manner. Brokerages must think of an alternative data source outside of tribal knowledge to procure high quality and profitable carrier capacity. One possibility, real-time location data, is a viable information source that can prevent or inform of delayed delivery.
Chinese New Year (CNY), a.k.a. Spring Festival, is the most important holiday for the Chinese people. 2019 is the 'Year of the Pig', and this year Chinese New Year falls on Tuesday, February 5, but celebrations last approximately 15 full days, concluding on Tuesday, February 19.
After reading the post, you can control the whole manufacturing process better and fix the potential problems effectively through following 3 aspects: ceramic forming techniques, the sintering process, and the problems may occur.
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