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Optimize. /??pt?m??z/. verb. 1. make the best or most effective use of (a situation or resource). (Oxford Languages). One of the hardest parts of my job is helping customers get to grips with complex, counterintuitive supply chain concepts. Take the “ bullwhip effect ”: a key principle that’s so counterintuitive a “Beer Game” simulation was invented to prove to doubters the extent to which even minor fluctuations in demand can cause chaos upstream.
Customer experience once demanded extensive outbound optimization—often leaving inbound as an afterthought. Then COVID-19 happened. Now inbound is becoming stronger than ever, and connectivity is helping. I love my job and think the intersection of technology and the supply chain, with all of its importance and global, limitless possibilities, is both interesting and intellectually engaging.
Dock management is continuously changing. While traditional strategies relied on manual processes, digital transformation holds the power to reap significant gains through automated scheduling software and the breakdown of organizational silos. In fact, take a look at these reasons automation and storage solutions are the next frontiers to gain more effective management.
What does supply chain performance mean and how can technology partnerships help you achieve this? Partnership is often used and abused. It’s all about finding the right partner who truly understands your supply chain and provides solutions to achieve your business objectives, regardless of the size of the partner. In this live panel session on Nov 12, we have the industry experts from Blue Yonder , the leading supply chain platform provider, and Smartlinks , a Blue Yonder consulting partner t
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
Recently I had the pleasure to sit down with our own Kevin McInturff, executive vice president of R&D following his fireside chat at Disruption RX with Mark Balte, senior vice president of product innovation. The two discussed the challenges companies have faced in the past year and the road ahead. I found the conversation fascinating and thought I would share a few excerpts of it with you.
What does supply chain performance mean and how can technology partnerships help you achieve this? Partnerships is a word that is often used and abused. In the context of supply chain digitalisation and specifically enterprise software implementation, this is also very much the case. Sign up for this webinar to understand and discuss how partnerships between software providers and partners enjoy a symbiotic relationship thus ensuring high performing customer supply chains are enhanced and deve
What does supply chain performance mean and how can technology partnerships help you achieve this? Partnerships is a word that is often used and abused. In the context of supply chain digitalisation and specifically enterprise software implementation, this is also very much the case. Sign up for this webinar to understand and discuss how partnerships between software providers and partners enjoy a symbiotic relationship thus ensuring high performing customer supply chains are enhanced and deve
With online shopping quickly becoming the new norm and ecommerce competition getting fiercer by the day, the need for efficient and highly-targeted marketing has never been more urgent. . Customers now demand an immersive, personalized experience with only the most relevant messaging being delivered at exactly the right times across multiple channels.
By David Mascitto (pictured). Retail E-commerce Supply Chain Product Marketing, Tecsys. The post The Most Unpredictable Time of the Year: 2020 Holiday Retail Strategies appeared first on IT Supply Chain.
During the coronavirus pandemic, consumers have increasingly used the digital path to purchase to buy products. This expansion in e-commerce has, in some cases, overwhelmed logistics providers. Even before the pandemic struck, subject matter experts insisted the logistics arena required more digitalization and more automation. The pandemic only intensified those beliefs.
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.
Inventory Control Techniques that use Stock Optimization Best Practices. There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. So we thought we’d focus on the lesser known topic of ‘stock optimization’ – this is an inventory control technique that’s becoming more popular with inventory managers to improve the efficiency of their supply chain.
There’s never any shortage of talk about artificial intelligence revolutionizing industries. The freight trucking business is no different. While trucking will very likely never be 100% machine-operated, combining the human touch with the latest and greatest cutting-edge technology will take logistics, supply chains and trucking to new heights and make shipping freight easier for shippers and drivers everywhere.
It was with great admiration and a touch of satisfaction that development leadership within UltraShipTMS watched the record-setting IPO of cloud-based analytic data warehousing startup, Snowflake last month. Admiration at how Snowflake succeeded by anticipating and meeting the mushrooming need of businesses seeking to leverage the data stored in their enterprise information systems to feed AI and other Big Data programs.
Supply Chain KPIs is the most popular topic on our Supply Chain Blog, LinkedIn, Youtube channel and on any social media accounts we have! So, we will share a recorded 1-hour webinar, all about Supply Chain key performance indicators. You can check it out right here: [link]. Watch this video as well: Related articles on this topic have appeared throughout our websites, why not check them out?
Maintaining a successful Supply Chain (SC) lies in the ability of shippers, carriers, brokers, and logistics service providers (LSPs) to share information and work together. The use of a global Transport Management System (TMS) is one way in which companies can achieve this goal.
By Louisa Hosegood (pictured). Digital & Strategy Director at Bis Henderson Consulting. The post Gain Competitive Advantage Through Collaborative Relationships appeared first on IT Supply Chain.
In the final interview in our series on ‘ Solving the Procurement Data Dilemma ,’ Gren Manuel speaks to Nic Walden. Nic leads the procurement executive advisory programme in the UK for consultancy The Hackett Group. In this role Nic works with senior executives from some of the world’s leading companies to guide their transformation, and provide top quartile performance insight, research and networking for their procurement functions.
By Xia Huiling (pictured). Founder & CEO of LiBiao Robot. The post It’s time to take a robotic approach to sortation appeared first on IT Supply Chain.
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.
My to-do list has included one incomplete item since mid-September, one glaring blank spot where a big green checkmark belongs. That to-do item is “Start Christmas shopping.” Typically, my efforts toward buying holiday gifts for friends and family begin near the end of November, coinciding with the American Thanksgiving holiday. Rarely have I attended a Black Friday event on the day, but the commercials and promotions really get me into the holiday shopping mood.
By Ramsés Gallego (pictured). Security, Risk & Governance International Director, Micro Focus. The post 48% of UK organisations have a basic cybersecurity skills gap appeared first on IT Supply Chain.
Track freight to increase efficiency and profit margins by deploying real-time, shipment tracker, supply chain technology like Gravity’s Solution. Leave a Reply [contact-form-7].
By Ramsés Gallego (pictured). Security, Risk & Governance International Director, Micro Focus. The post Tools & frameworks to effectively deal with an expanding attack surface should be a top priority for every enterprise appeared first on IT Supply Chain.
“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.
In the first of a four-part series on the resilient, agile, digitally enabled supply chain of the future, Nathanael Powrie , EVP Data Analytics and Simon Knowles, Chief Marketing Officer, answer some frequently asked questions. They consider what it attempts to accomplish and, as businesses look to the future, explain why they believe it is integral to short, mid and long-term resilience, agility and risk reduction.
Retailers must deploy creative tactics to remain competitive, build customer loyalty and get a piece of the holiday pie. We’re sharing some strategies to help prepare your retail business for an unpredictable season. The post 4 Ways to Prepare Your Retail Supply Chain for an Unpredictable Holiday Season appeared first on Tecsys.
The third annual FreightTech 100 award recipients are now publicly viewable on FreightWaves. And it comes as no surprise that Intelligent Audit secured a spot in the list for the third straight year, meaning Intelligent Audit has won recognition for all years since FreightTech 100’s inception. As companies look to rethink their strategies, such as FedEx’s changing time commitments or UPS increases to match USPS rates, knowing the value of Intelligent Audit’s inclusion on the FreightTech 100 is g
Technology is currently being rapidly integrated across every business sector with logistics undoubtedly being no exception.? . Many think of its application in the supply chain as a one-size-fits-all solution to industry issues; however, that is often a futuristic hope than a current snapshot. . Where technological trends have the most significant impact in today’s logistics landscape is pragmatic productivity and performance visibility tools. .
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
In the final interview in our series on ‘ Solving the Procurement Data Dilemma ,’ Gren Manuel speaks to Nic Walden. Nic leads the procurement executive advisory programme in the UK for consultancy The Hackett Group. In this role Nic works with senior executives from some of the world’s leading companies to guide their transformation, and provide top quartile performance insight, research and networking for their procurement functions.
Companies must put a lot of thought into transforming their TMS. There are many things to consider when they need to evolve systems of record. Taking the leap of faith and opting to choose an automated TMS can be tricky. Luckily, there are many resources out there that can help identify the correct automated TMS.read More. The post How to Choose an Automated TMS | 9 Things To Know appeared first on Transportation Management Company | Cerasis.
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