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Over half-a-century ago, musician Edwin Starr musically asked, “War, what is it good for.” His answer, “Absolutely nothing.” He may be correct; nevertheless, geopolitical violence continues to raise its ugly head. Local, regional, and global supply chains are affected by these geopolitical events. For example, when Russia initiated its unprovoked invasion of Ukraine, global supply chains immediately felt the impact — especially agricultural and energy supply chains.
In September, 2021, we asked members of our Indago supply chain research community — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies – “Is your company becoming more supply driven?” A majority of the respondents (58%) said that they had become more supply driven in response to current market.
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article is the second installment from Ben Smeland, Senior Software Engineer, at Lucas Systems, and continues to explore gamification in the warehouse. In our first post on the use of gamification as an employee attraction and retention tool, we shared a short definition and dove a little deeper on two of the three pillars of gam
Once again this year, an SCM-related teaching case received an award at the Case Center Awards and Competitions : It is entitled Apple Inc: Global Supply Chain Management and written by P. Fraser Johnson. In this case, students are placed in the role of Apple’s CEO Tim Cook, who has to make a strategic decision about the company’s complex supply chain.
Make over your supply chain to get visibility into potential future disruptions. Key Takeaways: The genesis of today’s supply chain issues were the 2018 and 2019 trade wars The pandemic made things much worse, and then came Russia’s invasion of Ukraine This invasion has caused supply chain disruptions across Europe and beyond, and famines are looming Organizations must take the right steps to keep their goods moving today and tomorrow, and transparency into all tiers of the supply chain is requi
The business case for data-driven transparency is not hard to make. In today’s dynamic, complex market, where procurement’s objectives continue to grow, data is the fuel for success. In the latest Procurement Leaders Report and Survey , we ask top-performing CPO’s how they’re prioritizing data-enabled supply chain visibility–and the changes that need to be made.
The business case for data-driven transparency is not hard to make. In today’s dynamic, complex market, where procurement’s objectives continue to grow, data is the fuel for success. In the latest Procurement Leaders Report and Survey , we ask top-performing CPO’s how they’re prioritizing data-enabled supply chain visibility–and the changes that need to be made.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Quantum Leap to the Top 10 Supply Chain Skills of the Future! The job of a Supply Chain professional never stops. When things seem to be going smoothly there is always another problem looming around the corner. As such Supply Chain senses must always be on high alert! It is not a question of whether a new problem or challenge will occur.
This blog post is the first in Chainalytics’ Integrated Demand and Supply Planning competency’s three-part series on inventory improvement. Here, we’ll cover how to assess inventory before you optimise it and isolate what your opportunity areas actually are. While many are all a-flutter about inventory improvement, few have learned what the effort entails, the process … The post On the Path of Inventory Improvement: </br>Assessing Your Situation appeared first on Chainalytic
By Jessica Sweet (pictured). Content Writer at makeLifeSweeter.com. The post How To Handle Debt Consolidation: Top Tips appeared first on IT Supply Chain.
After months of rumors, Amazon held its new deal event, Prime Early Access Sale , from Oct. 11-12 to officially kick off the 2022 holiday shopping season. With inflation rates still above 8% at the end of September and excess inventory continuing to be an issue, Amazon has joined the trend of retailers offering early discounts to maximize the holiday shopping season.
“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.
Let’s face it, change is constant and companies need to rapidly respond to the unexpected changes. The COVID-19 pandemic, the 2021 Suez Canal obstruction, natural disasters, wars, scarcity of semiconductors, the energy crisis in Europe…are all examples showcasing the need to better manage and monitor your supplier base. Improving collaboration and sharing additional information with suppliers is imperative in order to make sure that your supply chain is resilient , a word that has been incorpora
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Start Playing Online Casinos! It’s not difficult to get scammed or become an online fraud victim. After all, cybercriminals are keeping up with the latest tech trends and know how to circumvent modern security measures. However, you don’t need to be a hacker to take advantage of someone who loves to play online casino games.
We asked supply chain thought leaders and experts to share their views on what the next big risk(s) will be and what supply chain leaders should prioritize.
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
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Taking Part in Bitcoin Trading! Understanding Bitcoin is necessary as it is a new type of money that is not controlled by any government or bank but instead uses a decentralized system called Blockchain. It’s the first fully digital, borderless, and universally accepted form of currency.
This blog post is the second in Chainalytics’ Integrated Demand and Supply Planning practice three-part series on improving inventory. This post will cover optimising your inventory to drive accessibility of working capital and improvements in customer service levels. At least in supply chain circles, inventory improvement is very hot right now. But if you take … The post Further down the Inventory Improvement Path: Optimising Your Inventory appeared first on Chainalytics.
There’s no metal quite like copper. It was the first metal to be smelted (about 5,000 BC, according to Wikipedia); the first to be shaped into molds; and the first to be alloyed with another metal—tin—to manufacture a sturdier cousin: bronze. Since the discovery of electromagnetic induction in 1831 and the development of the first dynamos for electricity generation in the 1870s, copper has been the preferred electrical conductor for electric power generation and distribution, telecom, and electr
This blog post is the third and final instalment in Chainalytics’ Integrated Demand and Supply Planning competency’s three-part series on improving inventory. This post covers using advanced simulation techniques to understand how optimised inventory helps you meet desired service levels. You can see posts one and two at the corresponding links.
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.
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.
The metal fabrication industry has been more competitive than it has ever been. For this reason, many businesses in the sector will need to invest in technology, research, and development to expand their capabilities and stay ahead of the manufacturing market. As the global markets shift and change in the coming years, the metal fabrication industry will greatly benefit by maintaining an attitude of versatility, flexibility, and growth. 1.
SOUTHFIELD, MI, October 18, 2022 –?Xeeva, a leader in AI-powered spend management and procurement is excited to announce that Hertz has become a Preferred Supplier in Xeeva Marketplace and is now serving Xeeva customers with great pricing on car rentals! This partnership allows Xeeva customers to have direct access to Hertz and do business with […].
The GPS problem demonstrates the risks of widespread reliance on weak radio signals from space used for everything from timing stock trades to guiding jetliners.
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.
In the previous episode, we talk about the common mistakes in logistic outsourcing and provided a few customer tips. This time, we focus on the mistakes that 3PLs sometimes make. ?. You can download the checklist here: [link].
Your 2023 Guide to eRFx. If you’re like most sourcing professionals, you probably rely on various software applications to help streamline your sourcing processes. But which applications should be in your toolkit? eRFx software should be an integral part of your eSourcing platform. Not only will using eRFx help you increase your cost savings, but it will speed up the overall procurement process while improving your vendor relationships.
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