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Market pressures driving change. Supply chain and procurement professionals are having to face a daunting new reality as the ongoing effects of COVID-19, Brexit, the conflict in Ukraine and volatile inflation rates impact the day-to-day operations of their function. These disruptions are increasing professionals’ workloads, whilst making fast, efficient decision-making evermore important.
Earlier this month, I had the opportunity to speak with Chad Collins, CEO of Körber Supply Chain Software. Chad and I discussed the widespread labor constraints impacting warehouse operations across North America and Europe. I told Chad that I believe warehouse labor constraints will continue for extended time, and that warehouses must actively manage with this in mind.
We all know the saying: the more things change, the more they stay the same. Every December for the past four years, we have asked members of our Indago supply chain research community — who are all supply chain and logistics professionals from manufacturing, retail, and distribution companies — “What is the likelihood of the. Read more. The post Supply Chain And Logistics: What Will Stay The Same In 2023?
AMSTERDAM & LONDON — January 18, 2023 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, has been selected by KARL LAGERFELD, the iconic fashion brand, to automate smart allocations across its network, enabling the company to scale as it focuses on global growth. To fortify and streamline inventory management operations, the company has appointed ToolsGroup Retail Forecasting , Allocation , and Replenishment.
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.
Sustainable Logistics Operations: Leveraging Advanced Automation Technologies Attendees Profile: CIOs, CTOs, CSCOs, C-minus 1, Supply Chain Head or Operations Head from the verticals of End User Logistics (Digital, MedTech, Healthcare) service providers or 3PLs Synopsis: The increasing attention by various stakeholders on sustainability and the unforeseen supply chain disruption has thrown up many challenges to logistics operation.
The Chinese New Year, also known as the Lunar New Year or Spring Festival, celebrates the beginning of the solar Chinese calendar. Celebrations last for 15 days annually, with the first day depending on the sighting of the new moon and an animal is associated with each year. These are called the Chinese zodiac signs and for 2023, it is a Year of the Rabbit (learn more about what this means here ). .
Supply Chain Matters highlights two significant developments related to consumer electronics and smartphone provider Apple that occurred last week. Apple Component Design Shift in Custom Displays Citing sources with knowledge of the matter, Bloomberg reported ( Paid subscription or metered view ) that Apple has plans to begin utilizing custom electronic displays utilizing its own custom in-house development designs.
Supply Chain Matters highlights reports that Rivian Automotive fell short of its 2022 vehicle production goal and that several top executives have departed the company, including the company’s purchasing head. Electric vehicle start-up Rivian ’s ongoing challenges for ramping up production reached a further stumbling block with the announcement that the company delivered 20,337 vehicles in 2022, falling short of this company’s highly monitored commitment to produce 25,000 vehicles.
THE CHALLENGE When Oshkosh Corporation reached out to Exiger for help, one of their largest business units, JLG, had already implemented a ‘directed buy’ program—wherein JLG negotiated carbon steel plate on behalf of its n-tier suppliers to secure preferential price and service levels. They were struggling with the administrative costs associated with maintaining a very manual, spreadsheets dependent process.
This article highlights the importance of last-mile software solution in the logistics industry. It highlights how it can improve efficiency and productivity of the supply chain. The post Why is last-mile software the need for the hour in the logistics industry? appeared first on loginextsolutions.com.
In a recent customer update , mega-carrier UPS set off into the new year on what some customers might consider the wrong foot. Rather than removing peak season surcharges following the holidays, UPS has announced that demand surcharges will remain in the foreseeable future. The new UPS surcharges, which come at a lower cost than those instituted before peak season on Oct. 30, took effect on Jan. 15 and will remain indefinitely. .
“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.
What is Demand Forecasting? Demand forecasting is a vital activity for wholesale and retail purchasing teams. It helps ensure they will have adequate inventory available to meet future demand and avoid stockouts. Demand forecasting is a process that helps retailers and wholesalers predict future consumer demand. There are various forecasting methods available, many of which have been used since the early days of modern retail.
Ben Emmrich and Joe Lynch discuss the Tusk Logistcis story. Ben is the Co-founder and CEO of Tusk, a small parcel shipping network driving value through lower prices, faster deliveries, and great service. About Ben Emmrich Ben Emmrich is the Co-founder and CEO of Tusk. Ben has spent his career at the overlap of small parcel shipping and ecommerce and led operations and strategic partnerships at Google Shopping and Shippo before building Tusk.
The following is a guest blog from Craig Lukasik , one of my former MBA students from the Poole College of Management’s supply chain program. I was really pleased when he contacted me about this blog, and am delighted to feature it here. Thanks Craig! Some managers ignore catchy phrases like this one that was popularized by managers in the early 2000s and is often incorrectly attributed to the management guru Peter Drucker.
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
For the first time in history, a defendant has agreed to use artificial intelligence (AI) to defend themself in court. Admittedly, the stakes aren’t that high. The defendant will be fighting a speeding ticket — not exactly a capital offence. So, what’s all the fuss about? Freelance writer Jennifer Asencio explains, “This will be the first time that artificial intelligence is used in this capacity as it is illegal to use technology this way in many places.”[1] She also not
Weber Logistics has promoted Gary Kendle from Sr. Director of Transportation to VP of Transportation. Gary succeeds Jerry Critchfield, who is retiring after decades of leadership in Weber Logistics’ Transportation division.
Warehouses play a critical role throughout the channel. Following are five strategies to accelerate the initial return on warehouse investment, and augment the ongoing ROI of these increasingly crucial spaces.
On January 3, 2023, the Federal Reserve, FDIC, and OCC (“the agencies”) released a joint statement on crypto-asset risks to banking organizations. The statement highlights myriad risks posed by banking sector exposure to the cryptocurrency market, including: Fraud and scam exposure; Lack of consumer protections; High volatility; Contagion risk; Lack of mature risk management and governance processes; and Vulnerabilities to illicit finance.
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.
The COVID-19 pandemic, and the resulting eCommerce boom, showed many B2C companies that they need help with timely order fulfillment. Whether due to an inability to handle high order volumes or simply inexperience in the B2C marketplace, these companies have turned to a third-party logistics (3PL) provider to handle pick and pack fulfillment operations.
E-commerce is growing in a gigantic way to flourish the market with brand products and attract customers to it in a specific way. They use social media platforms like Facebook, Instagram, and other relatable platforms to advertise or campaign particular brand products to gain customers’ attention. When you scroll through such apps, you will get ads for many brand products or startup companies to hike the sales of the products in a significant way.
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.
For the first round-up of 2023, we’re talking data privacy in the cloud and regional complications, Microsoft’s bid to integrate a popular AI chatbot into its search engine, some of the top API trends to keep an eye on in …
The movements suggest that, despite the impending collapse in Russian cargo deliveries to the EU, the U.S. may have an even more acute supply situation.
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