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We are operating in the digital industrial era where technologies are evolving rapidly to create a more efficient, more productive and more agile factory. With the advent of the IIoT and the complexities involved in operating a global supply network, today’s manufacturing companies are more interested than ever before to get a sense of the future. After all, it is important to know how certain events could impact operations in the future and what companies can do to mitigate unforeseen risks due
There is substantial evidence of how e-commerce has dramatically transformed supply chain and logistics operations over the past two decades. But while its impact on retailers has been well documented, e-commerce has also created new challenges and opportunities for manufacturers. What are some of these challenges and opportunities? How can manufacturers achieve e-commerce fulfillment excellence?
As Sophie Kersgens wrote for ATSC earlier this month, “As the world’s leading exporter and one of the fastest growing economies, China is a decisive business factor for companies all…
Closing the gap between planning and execution is a long-term concern of supply chain executives. It is not easy to do. New thinking is emerging to help in this area. Sales & Operations Execution (S&OE) is emerging as a new discipline in this area. The post Closing the Gap Between Planning and Execution appeared first on Logistics Viewpoints.
REGISTER NOW. Jian Xu, Ph.D.,CSCP. Procurement Director. REGISTER NOW. SESSION: DATE – HOUR. Lorem ipsum. Jian works as a Director of Procurement at Fannie Mae. She leads a team that is tasked with identifying, designing, and implementing best practices and innovative solutions in support of corporate procurement’s delivery of business objectives and performance excellence.
Awards Program Sponsored by UltraShipTMS Honors Transportation Excellence at Altria, Perdue Farms and KeHE Distributors. February 24, 2020 – Fair Lawn, NJ – Its time again for the annual GLOBE Awards program, recognizing excellence in the utilization and promotion of leading-edge technologies supporting effective transportation planning, execution and management. .
E-commerce will continue to grow significantly through 2020 and beyond. As evidenced by the most recent peak shipping season , the need for effective, high-quality logistics and warehouse management has never been higher. The demands for faster, more affordable processes are growing in stride. As reported by Jeff Berman of Supply Chain 24/7 , “[up to] 70% of B2C companies and 60% of B2C companies are focused on the full implementation of their respective ecommerce supply chain strategies, with 7
We are operating in the digital industrial era where technologies are evolving rapidly to create a more efficient, more productive and more agile factory. With the advent of the IIoT and the complexities involved in operating a global supply network, today’s manufacturing companies are more interested than ever before to get a sense of the future. After all, it is important to know how certain events could impact operations in the future and what companies can do to mitigate unforeseen risks due
On episode 7 of Supply Chain Next, host Richard Donaldson speaks with Alan Dunning, Principal Supply Chain Manager (Procurement & Contracts) for Worley. Worley is a leading global provider of professional project and asset services for the energy, chemicals and resources sectors. Alan Dunning has been in procurement for almost 40 years, and has spent the last 20+ years doing project procurement management.
“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.
Picking error rates for the average warehouse or distribution facility hovers between 1 – 3% — a major problem for businesses looking to increase productivity and profitability. Warehouse picking errors impact customer satisfaction and ultimately, your revenues and profit margins. Studies show that a single picking error can reduce the profitability of an order by as much as 13%.
We are operating in the digital industrial era where technologies are evolving rapidly to create a more efficient, more productive and more agile factory. With the advent of the IIoT and the complexities involved in operating a global supply network, today’s manufacturing companies are more interested than ever before to get a sense of the future. After all, it is important to know how certain events could impact operations in the future and what companies can do to mitigate unforeseen risks due
Claritum Article - Procurement Blog. when should I use it? And what challenges will I face? Contents. 1. Introduction. 2. Typical steps associated with a project purchasing process. 3. Project and Category Procurement Differences. 4. Table of the key differences between Project and Category based procurement. 5. Types of activity suitable for Project based procurement. 6.
Guest Post written by Anita Raj, Industry 4.0 and AI Evangelist. We are operating in the digital industrial era where technologies are evolving rapidly to create a more efficient, more productive and more agile factory. With the advent of the IIoT and the complexities involved in operating a global supply network, today’s manufacturing companies are more interested than ever before to get a sense of the future.
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
Continue to learn from MIT Center for Transportation & Logistics at our new blog, MIT Supply Chain. Access the thought leadership you’ve come to know and trust. Head to the new blog here. Here are some recent articles: Early Responses to the Coronavirus Crisis It is widely expected that the year 2020 — and the […].
Before the internet, retail revolved around brick and mortar stores and catalog order fulfillment. Online sales have entirely rewritten that paradigm, introducing significantly different channels that have split fulfillment into digital and physical hemispheres. For years, brands have been treating e-fulfillment as a separate business with its own distribution network.
when should I use it? And what challenges will I face? 1: Introduction. Project-based procurement occurs when there is a specific project activity and goal. This may be a project that repeats at regular intervals or it may be a one-off project. The project could include volume purchases, small purchase volumes, standard items, specification of unique one-off items and tailoring of items based on individual projects.
The writing stood out in red on the wall for shippers at the end of 2019. According to DC Velocity, all signs indicated the freight market would favor carriers over shippers for trucking 2020 cycles. Freight carriers overall experienced mounting financial pressure and deflationary markets through 2019, which began in the first quarter. Multiple major.read More.
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.
Truckload rates are starting to show signs of life as we near the end of February. Expect the turnaround to expand to a growing number of lanes and markets across the country in the next few weeks.
Jeroen Wennink CPO. Jeroen joined Capgemini in 2009 and has spent the last 10 years working in various management roles in Group Procurement. He has in depth knowledge of outsourcing relationship management, a strong expertise in procurement and a passion for talent strategy. In 2018 Jeroen was appointed Europe CPO, with a team of 140+ professionals and leads the transformation of Europe’s procurement organization where he is also responsible for driving best practices and operational excellence
Freight rates are weak right now, as everyone in the industry is painfully aware. But while poring over the data in DAT RateView and reading reports from many industry analysts, I found encouraging news.
Jeroen Wennink CPO. Depuis qu’il a rejoint Capgemini en 2009, Jeroen a occupé divers postes de direction au sein du Group Procurement. En effet, Jeroen est un expert de l’externalisation de la gestion des relations mais aussi des Achats. Il est également passionné par la stratégie de gestion des talents. En 2018 Jeroen a été promu CPO Europe, à la tête d’une équipe de plus de 140 collaborateurs et gère la transformation de l’organisation Achats Europe ainsi que la mise en place des meilleures pr
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.
Since the beginning of the Digital Age, business analysts have stressed the importance of Industrial Age companies transforming into digital enterprises. Analysts are now warning time to transform may be running out. Bob Violino ( @BobViolino ) reports, “A large percentage of companies in the U.S. have a three-year window of survival if they fail at digital transformation, according to a new report from Kong, a provider of application programming interface (API) and service lifecycle manag
Understanding the types of inventory risks that may be impacting your business will shed light on the best strategies to mitigate against these risks for your inventory control needs. Types of inventory risk. As an owner or manager of a business, you need the right products in stock at the right time to be available for your customers. There are different types of inventory risks that threaten every inventory manager.
There is a lot more to Thailand than just pristine beaches and holiday hotspots. The Southeast Asian peninsula has been emerging (2019 data) as the second-largest economy of the region. Largely a nation that depended on its exports, Thailand has seen its fair share of ups and downs owing to military coups and near recession like situations in the last decade.
PAI (Pharmaceutical Associates, Inc.) is a manufacturer of generic liquid pharmaceuticals. They have produced suspensions, oral solutions, elixirs, syrups and liquids for nearly 50 years.
Procurement is in the middle of a tech tsunami. And if it feels like the old playbooks aren’t working anymore, that’s because they aren’t. Agentic AI. Autonomous procurement. Unified source-to-pay ecosystems. These innovations are converging and transforming how procurement teams operate. The GEP 2025 Procurement & Supply Chain Tech Trends Report breaks it all down.
Production-to-Supply increases the availability of materials while at the same time reducing inventories and minimizing efforts and costs. It’ s nothing new that considerations of optimization focus on excessive inventories and overly high planning or disposition costs. This is all the more true in tougher economic times. This is where the new opportunities of digitization come in: the continuous provision of data from supplier production to transport logistics and even in-house intralogis
The coronavirus is not to be taken lightly. As of mid-February, the number of cases worldwide had risen to more than 64,000 globally, 63,000 of which were in China, with the death toll at almost 1,400 and climbing.
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