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• The coronavirus pandemic is nearly over. Global supply chains are gradually getting back to their former efficiency and economies are beginning to pick up. • All of this is of course welcome news for a lot of supply chain leaders for whom the past two years have been nothing short of a nightmare. With […]. The post What’s Inspiring Supply Chain Leaders Now appeared first on ProcurePort Blog.
Transparent data prepared especially for your logistics operation will get you easily through your peaks. Peaks are all so different. During the summer months, in one sector the demand for sun cream explodes while in another, it’s the demand for mineral water. Everyone is familiar with such seasonal demands. The result is often a peak sales volume for a specific group of items.
Back in January, the editorial team at Manufacturing and Engineering Magazine (MEM) published an article with the headline, “If You Haven’t Automated and Added Robotics — It Might be Too Late.”[1] The article, however, never explains why it might be too late. The editorial team might have been thinking like entrepreneur Aaron Levie ( @levie ), Chief Executive Officer, Cofounder and Chairman at Box, who once stated, “Better to be too early and have to try again, than be too late
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.
Fulfilling safety and environmental regulations, procuring components with existing supply chain concerns, and meeting quality requirements are all challenges that have electric vehicle (EV) manufacturers turning to digital solutions and processes to help them collaborate across the supply chain. Digital transformation is core to being successful nowadays; a digital backbone can transform the way EV manufacturers work.
The pharmaceutical industry loses roughly $35 billion annually because of failures in temperature-controlled logistics. Those losses are almost entirely preventable.
The pharmaceutical industry loses roughly $35 billion annually because of failures in temperature-controlled logistics. Those losses are almost entirely preventable.
By David Jinks M.I.L.T. (pictured). Head of Consumer Research, ParcelHero. The post Is Walmart Marketplace coming to Britain? ParcelHero says Walmart is now wooing UK sellers appeared first on IT Supply Chain.
By Phil Pearson (pictured). Sales Management Director at Jungheinrich. The post Creating sustainable value within Intralogistics appeared first on IT Supply Chain.
By Jamie Moles (pictured). Senior Technical Manager at ExtraHop. The post Six months later – has the Log4j threat disappeared? Data says no appeared first on IT Supply Chain.
Uruguay’s largest free zone operator Zonamerica SA, which hosts over 350 companies, plans to break ground on more than $100 million in real estate projects through next year as it bets stressed global supply chains will boost the country’s appeal as a regional hub.
By James Coombes (pictured). Co-Founder & CEO of Vector.ai. The post In the ‘Age of Disruption’, Shippers are on the Hunt for “Elastic” Freight Forwarders appeared first on IT Supply Chain.
Manufacturers rely on data and their ERP platform to answer critical questions: What are our inventory levels? How much does it cost us to manufacture this product? Which vendors are late delivering components to us? But gaining competitive advantage requires more than just answering the obvious questions. With business intelligence (BI), organizations can identify questions that they didn’t even know to ask — along with answers to those questions.
“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.
By Dr Paul Rivers (pictured). Managing Director, Guidance Automation. The post No Business is Too Small for Automation appeared first on IT Supply Chain.
“Disruption” is the word of the year. Alan Amling, distinguished fellow at the University of Tennessee's Global Supply Chain Institute, explains what it means to supply chain professionals — and why they keep "getting in their own way.".
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Cryptocurrency Functions! Cryptocurrencies are the most lucrative assets in the world right now. However, like any other investment, it has its drawbacks and disadvantages. An example of this is the market’s unpredictability, which is capable of causing serious damage to your portfolio.
Tiffany Presley, attorney in the Supply Chain Practice of Barnes & Thornburg LLP, offers advice on how manufacturers can achieve better visibility of, and control over, suppliers at the tier-one level and beyond.
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
Transport keeps supply chains moving. However, the European transport market has recently suffered more disruption than ever before, resulting in many supply chains grinding to a halt. The disruptive factors include Brexit (customs) issues and delays, post-COVID driver shortages, global container problems, the recently implemented Mobility Pack and strong fluctuations in fuel prices, to name … The post Chainalytics and <em>Supply Chain Movement</em> Present a Checklist for
In your personal life, you can use a variety of devices to make purchases—from your phone to your smart TV, it’s all possible within whatever device you’re using. Now you can obtain transportation services where you already operate as well. In fact, today you can procure freight rates from your transportation providers right in your TMS. Through transportation management system (TMS) integrations and application programming interface (API), you can get real-time truckload rates further upstream
By David Jinks M.I.L.T. (pictured). Head of Consumer Research, ParcelHero. The post Is Walmart Marketplace coming to Britain? Walmart is now wooing UK sellers appeared first on IT Supply Chain.
This is a two-part story by Malte Tichy about dealing with sales forecasts that concern fast-moving as well as slow-moving items. Find Part 1 here. How precise can a sales forecast become? The mechanism of fluctuation cancellation ensures that granular low-scale-forecasts are more imprecise, noisy and uncertain than aggregated, coarse-grained high-scale ones: We are better (in relative terms) at predicting the total number of pretzels for an entire week than for a single day.
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.
Direct import is the term used to describe a specific method of replenishment planning. It involves a retailer receiving products directly from the manufacturer or supplier in another country. This process saves on domestic warehousing and reduces costs to vendors, which reduces costs to retailers. In many ways, importing products directly can save time in transit, help to keep out-of-stocks at a minimum and can result in increased revenue for both parties. .
Five days ago, Supply Chain Matters highlighted in a breaking news posting that Dave Clark, Amazon’s overall head of the Consumer business had resigned his leadership position. Bloomberg had reported that the sudden departure had signaled that Amazon CEO Andy Jassy is seeking changes in the consumer retail division, which was admittedly overbuilt with excess warehouse capacity in 2021.
What is a spot rate in trucking? Supply chain professionals tend to associate spot rates with uncertainty, which may create a sense of dread or worry. While there’s good reason for that sentiment and the spot rate definition is complex, understanding what drives those transportation rates is not. The post What Is a Spot Rate in Trucking? appeared first on MercuryGate International.
By Anthony Payne, Chief Marketing Officer of HICX. With social and environmental concerns on the rise, supplier information that was once discretionary is now defined by law. Stakeholders and governments are demanding, with regulatory backing, that businesses run ethical and sustainable supply chains. Apart from being the right thing to do, getting this right is also crucial to circumventing reputational and regulatory consequences.
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.
In the freight industry, we often contextualize fluctuations in market trends in terms of contract rates versus spot rates. When spot rates are beneath contract rates and trending down, or are significantly below contract rates regardless of trend, we consider that environment a deflationary market. The inverse is an inflationary market. For the first time.
The post The Race Towards Carbon Neutrality: Procurement on the Frontline Understanding Decarbonization to Make the Right Moves appeared first on Ivalua.
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