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Driving operational growth and increasing supply chain efficiency in today’s ever-changing business world is a top priority for many companies. In order to grow in a rapidly evolving marketplace, organizations must possess the ability to use advanced algorithms and data analytics to generate the next wave of supply chain value. With the abundant data available and the advanced technologies now accessible to help harness it, organizations must establish effective strategies to curate data, produc
Nowadays, we all have a wide range of what I like to call ‘digital assistants’ at our fingertips, such as apps, quick Google look-ups or chat windows that can connect us to the other side of the world. This means you can have rapid access to any far-flung suppliers, and thanks to video calls you can even check out the on-site reality without having to set foot on a plane.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Food Waste and World Hunger – The Food Supply Chain is Broken! (Videos). Article written for Supply Chain Game Changer by, and permission to publish here provided by, Debbie Wilson, Advertising Consultant. Nowadays, restaurants, and specifically food, have taken such an important place in our lives, that the answer to that question isn’t obvious anymore.
Regardless of the current political climate, e-commerce expansion continues, and the global supply chain has grown more interdependent than ever. Shippers need to understand why LTL freight shipments spikes will affect their operations and how the right partner can mean the difference between success and failure. As e-commerce continues its march toward dominance over the.read More.
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
Understanding the differences between SAP Fiori and RFgen Mobile Development Studio will help you get the most out of your ERP environment. With SAP launching Fiori 3 , SAP users and ABAPers are getting excited for the latest developments in application development for their ERP stack. Often, we get questions about using SAP Fiori instead of RFgen’s Mobile Development Studio for rapid mobile app development.
If you’ve ever watched a game of ping-pong from the sidelines, you know how dizzying it can be to keep up with the fast-paced changes of the sport. The ongoing trade war between the U.S. and China has been a ping-pong-like match for the ages, sending tariffs flying back and forth. You may find yourself (and you’re not alone) having a difficult time keeping up with the latest developments: when will tariffs be imposed, on what amount of goods, and how they could impact retail prices.
If you’ve ever watched a game of ping-pong from the sidelines, you know how dizzying it can be to keep up with the fast-paced changes of the sport. The ongoing trade war between the U.S. and China has been a ping-pong-like match for the ages, sending tariffs flying back and forth. You may find yourself (and you’re not alone) having a difficult time keeping up with the latest developments: when will tariffs be imposed, on what amount of goods, and how they could impact retail prices.
Understanding the differences between SAP Fiori and RFgen Mobile Development Studio will help you get the most out of your ERP environment. With SAP launching Fiori 3 , SAP users and ABAPers are getting excited for the latest developments in application development for their ERP stack. Often, we get questions about using SAP Fiori instead of RFgen’s Mobile Development Studio for rapid mobile app development.
Supply chain visibility is essential to modern success, but according to Supply Chain Dive , as few as 6% of companies have achieved full supply chain visibility. The problems existing within supply chain visibility go back to issues with tracking shipments after shipping to consumers. At the same time, supply chain visibility and transparency rank as the third-leading priorities for supply chains in 2018.
If you’ve ever watched a game of ping-pong from the sidelines, you know how dizzying it can be to keep up with the fast-paced changes of the sport. The ongoing trade war between the U.S. and China has been a ping-pong-like match for the ages, sending tariffs flying back and forth. You may find yourself (and you’re not alone) having a difficult time keeping up with the latest developments: when will tariffs be imposed, on what amount of goods, and how they could impact retail prices.
If you’ve ever tried to source hard-to-find parts or equipment, Google searches have probably led you to some pretty strange places. There are a surprising number of online platforms where people can buy and sell assets, some of which are downright sketchy. Many others simply aren’t set up for business to business sales. Here are just a few ways that business platforms differ from consumer platforms. 1.
Robots are a cornerstone of a smart factory, automating a wide range of manufacturing tasks that are monotonous, physically straining, or even hazardous. However, real-world robotics deployments have not lived up to the revolutionary potential the industrial sector had originally envisioned. Robot implementations are typically confined to specific applications, carry high costs, and are time-consuming.
The policy commitment to make Britain the first zero carbon nation by 2050 has all kinds of implications for supply chains, how they’re set up and run.
A new digital era is emerging, with procure-to-pay (P2P) now developed as a digital process. P2P services enhance collaboration between buyers and suppliers and generate an increased value to the supply chain. Going digital with the P2P process allows buyers and suppliers to develop a relationship that benefits both parties. Cloud-based P2P software platforms act […].
If you’ve ever tried to source hard-to-find parts or equipment, Google searches have probably led you to some pretty strange places. There are a surprising number of online platforms where people can buy and sell assets, some of which are downright sketchy. Many others simply aren’t set up for business to business sales. Here are just a few ways that business platforms differ from consumer platforms. 1.
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%.
After positive experiences of using AirSupply as a supplier, Liebherr-Aerospace decided to also implement the solution for its own processes As early as the end of 2012, Liebherr-Aerospace opted to use SupplyOn’s AirSupply solution with its most important suppliers for the processes Demand Forecast, Order, Advance Shipping Notification (ASN), Goods Receipt and partly also Vendor Managed Inventory (VMI) – thus being the first AirSupply customer outside of BoostAeroSpace.
What did you do to celebrate CX Day earlier this month? Wait…what?! You’ve never heard of it? CX, of course, is short for Customer Experience. CX Day celebrates those customers. You know, the people who keep the lights on. The day itself moves around a bit, making it hard to get traction for this particular celebration.
Logistics service providers (LSPs) are experiencing their most vibrant and challenging era. A multitude of venture capitalist-backed innovators beckon logistics executives with the promise of digital transformation, as consumer-led expectations of speed and cost spread through all businesses. Simultaneously, competitive threats and geopolitical turmoil continually drive the need for increased operational agility.
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.
In our previous Actionable Insights blog , we discussed QAD’s Overall Equipment Effectiveness (OEE) Action Center. Next we will provide an overview of the Customer Sales and Service Action Center as well as the associated key performance indicators (KPIs). Customer Sales and Service Action Center Overview. If you want customers to keep coming back with new orders, every interaction must be perfect.
Manufacturing remains an important part of any national economy — even as the service sector plays an increasingly important role in advanced economies. The loss of manufacturing jobs is part of the phenomenon that spurred the rise of political populism; however, there is near unanimity among analysts that manufacturing has changed forever. People longing for the return of blue collar, factory floor manufacturing jobs will ultimately be disappointed.
Corporate safety professionals understand the intrinsic value of developing an influential and engaged safety culture. A safety-conscious workplace minimizes employee workplace accidents, incidents and near misses, stabilizes productivity, encourages organizational-wide participation and improves morale. One of the significant challenges our clients battle is winning management buy-in to EHS initiatives when their eyes are laser-focused on the bottom line.
January 1, 2020 marks not just the start of a new year, but also a price hike for many companies that ship international freight. That increase comes courtesy of new ultra-low sulfur fuel regulations from the International Maritime Organization (IMO). How can you make sure this stringent standard for cleaner fuel doesn’t take too big a bite from your budget?
It’s a goal that many people have – from decluttering living spaces to performing more efficiently at work. If your work involves reducing bulk freight costs for your transportation operations, you may find yourself complicating matters instead of simplifying them. Whether you’re sending out an endless stream of RFQs or relying exclusively on load boards, you’re likely making your job more complex, not simpler.
What challenges will you face to improve supplier performance? Suppliers that have been in place for a long time – more than 5 or 10 years present one set of issues. Single source suppliers present another layer of obstacles to consider if their performance starts to slip or their pricing is putting a big squeeze on your profits. Newer suppliers tend to be eager to please.
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
Read PDF. Scandinavian interior design retailer aims to boost service and automation levels through better demand forecasting, replenishment, inventory and promotion planning. Nordic Nest , a fast-growing online retailer specializing in homeware from designers across the Nordic region, has chosen RELEX Solutions to support its retail planning as it continues to expand.
“From today, painting is dead!” -Paul Delaroche (1839). “Painting in the tradition of the post-impressionists is not about strict adherence to details. There is an engaging middle ground where fundamentals in realism yield to an expressive abstraction of the elements.
Inventory management is a vital part of a retail business. When you’re selling products via eCommerce platforms, it is even more important to make sure your inventory is under control. There are still a significant amount of retailers who run a stock take manually to manage their inventory, which leads to many problems on how the whole warehouse runs, shipments and accounting as well. eCommerce retailers face a substantial amount of challenges when it comes to managing their inventory and in tur
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