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After fruitful collaboration in Europe, the partners in supply chain software implementation celebrate a significant regional expansion. BOSTON and VALENCIA – July 25, 2023 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, and Lãberit , one of Spain’s leading IT companies dedicated to consulting, development, and maintenance of digital solutions for diverse industries worldwide, are proud to announce that together, they are providing award-winning supp
This is the first installment of a four-part examination of the Indian omnichannel marketplace. Going omnichannel can be a major source of repeat customers. But can your supply chain keep up with increased consumer choice and volume? And, while your top line may look promising, what about the bottom line? The customer is the “omnipresent” … The post Is Your Indian Supply Chain Ready <br>for Omnichannel Delivery?
As digital commerce continues to grow, businesses of all sizes are embracing B2B e-commerce solutions that enable them to be more competitive in the online marketplace. However, just having an e-commerce solution is not enough. With the rapid evolution of technology and customer expectations, it is essential to ensure that your B2B digital commerce solution is up-to-date and can meet the needs of today’s online buyers.
These young professionals are looking for the opportunity to tackle big challenges and make a big difference right away, which is something that a supply chain career can offer.
In 2019, Bain & Co. predicted that the retail industry in the Middle East and North Africa (MENA) is on the verge of a pivotal shift. “E-commerce is becoming a reality,” the management consulting company stated, “reinventing consumers’ path to purchase, forming new customer experiences , disrupting business models, and creating growth opportunities for large and small retailers as well as for a new generation of pure E-commerce players.
In 2019, Bain & Co. predicted that the retail industry in the Middle East and North Africa (MENA) is on the verge of a pivotal shift. “E-commerce is becoming a reality,” the management consulting company stated, “reinventing consumers’ path to purchase, forming new customer experiences , disrupting business models, and creating growth opportunities for large and small retailers as well as for a new generation of pure E-commerce players.
Craig Coulter, advanced manufacturing and mobility sustainability leader with EY, assesses the progress that supply chains are making in complying with environmental, social and governance (ESG) requirements.
By Sean Robinson (pictured) Software Solutions Manager, Novotek Ireland The post Five steps to harness the true power of data appeared first on IT Supply Chain.
In this Q&A, we sat down with Sidney Johnson, one of the newest members of the Resilinc Advisory Board. Sidney has over three decades of global direct and indirect procurement and supplier management experience. As an accomplished Chief Procurement and Supply Chain Officer, Johnson has served on multiple board committees, including the National Minority Development Council, the International Trade Centre (a joint agency between the World Trade Organization and the United Nations), and the In
“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 inventory turnover ratio measures how often stock is sold and replaced over time. It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. This guide reveals how the inventory turnover ratio works, why it’s important, and how to improve it.
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
The warehouse plays a vital role in optimizing the healthcare supply chain. With the right level of automation and intelligent design, warehouses can significantly improve efficiency.
A streamlined supply chain is essential in today's rapidly developing business landscape. Today's supply chains must adapt quickly to changing market conditions. But what if there was a way to optimize your supply chain and unlock its full potential? That's where strategic partnerships come in. Alliances among key suppliers, logistics providers, and other partners can create more efficient, flexible, and resilient supply chains.
Managed transportation relies on third-party logistics providers to create an enhanced logistics strategy. These 3PLs can help a company optimize its logistics, supply chain efficiency, and transportation operations. The third party takes care of freight and logistics services that could include rate management, freight audits, procurement, and other managed transportation services.
Every day, millions of products make their way back to warehouses and distribution centers, marking the less-glamorous side of e-commerce - The Reverse Logistics.
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.
For the last few decades, consultants have insisted that companies need to transform into digital enterprises in order to keep pace with the rapidly changing business landscape. The pandemic brought that message home in a big way. Mark van Rijmenam , founder of Datafloq, explains, “If there is one thing that the Corona crisis has made clear, every organization needs to digitally transform their business as soon as possible.
Data has become the backbone of businesses in today’s digital era, where nearly 328.77 million terabytes of data are generated daily. With this enormous volume, managing data efficiently is more critical than ever. Many businesses, however, still grapple with traditional enterprise database management methods. In fact, studies indicate that up to 73% of enterprise data goes unused for analytics , reflecting the inefficiencies inherent in these conventional methods.
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.
Cycle counting is an essential part of inventory management – and a significant cost center most warehouses wish they could do without. On a recent episode of the Unboxing Fulfillment podcast, Jackie Wu , of Corvus Robotics, and host Chad Warzecha discussed the drawbacks of cycle counts and the benefits of using warehouse drones for automated inventory management.
UPS said that the five-year agreement covers U.S. Teamsters-represented employees in small package roles and is subject to ratification by union members.
RS Group PLC: Full-Year Results for the Year Ended 31 March 2023 STRONG PERFORMANCE SIMON PRYCE, CHIEF EXECUTIVE OFFICER, COMMENTED: “RS delivered a strong performance in 2022/23 despite a more challenging macroeconomic backdrop in the second half. This reflected our on-going operational excellence initiatives, geographical, industry and product mix, inventory availability and strong pricing.
An agreement has been signed to make corporate procurement even more sustainable: JAGGAER technology is now integrated with Open-es, the digital platform that connects companies, banks, associations, and institutions in a collaborative ecosystem, supporting development and growth on the dimensions of sustainability.
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.
The success of any warehouse operation relies heavily on efficient and adaptable inventory management. Companies that aim to go beyond basic replenishment are now realizing the importance of a comprehensive solution and are adopting smart stock order management systems (SOMS). This system offers a more in-depth approach to warehouse management by incorporating advanced features like location-based work orders, condition triggers, and customizable logic.
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