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Contrary to general opinion, the causes of the supply chain disruptions currently being experienced worldwide were prevalent long before the Covid-19 pandemic. . The US-China trade war got the ball rolling and exposed the problem by highlighting the worldwide shortage of containers. There are many causes, for example, container ships from Asia are now too large to traverse the Panama Canal (20 years ago they were not), so they offload on the West Coast of the United States and are compelled to
Inflation is starting to impact the retail sector in significant ways. Some experts believe artificial intelligence (AI) capabilities will help retailers find their way through these volatile times. Even if inflation wasn’t an issue, Richard Kestenbaum ( @RKestenbaum ), Co-founder and Partner at Triangle Capital LLC, insists, “Artificial intelligence will be important at every level of retail.”[1] According to Kestenbaum, some retailers don’t understand AI’s importa
A transparent digital supply chain will give you the insights you need for faster fulfillment. Key Takeaways: Same-day delivery is preferred by most consumers today, and supply chains must speed up to match that fulfillment speed. Fulfillment can be delayed anywhere in the supply chain, but if you can’t see where it’s happening, you can’t do anything to fix it.
Chipotle is taking food security and supply chain visibility to a new level, by offering customers information about the source of every ingredient on its menu.
June, July and August are usually slower months for manufacturing activity, and it’s easy to see why. It’s beautiful outside, the kids are out of school, pretty much everyone has at least a few vacation days planned – often at the same time – and those left on the factory floor would honestly rather daydream about camping or visiting the beach than order fulfillment.
“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.
Less than four months ago, copper was setting record prices and experts were forecasting long-term supply gaps due to a collision between the growing demand for copper in clean-power technologies and the cost and difficulties of developing new mines. “Even if the price of copper were to double overnight, it would still be years before we had significant incremental production coming on,” said Richard Adkerson, CEO of Freeport-McMoran, the world’s largest publicly traded copper miner in a March 3
By David Jinks M.I.L.T. (pictured). Head of Consumer Research, ParcelHero. The post It’s the end of Buy Now Panic Later, but shoppers may lose access to easy, interest-free credit, warns ParcelHero appeared first on IT Supply Chain.
Many more traditional supply chain strategies originated in a steadier business environment. Predictable business cycles and stable demand allowed supply chain professionals to focus less on solving challenges and more on cost reductions. With today’s changing demand, volatility, and supply chain disruptions, supply chain professionals must focus more on problem-solving to ensure stock availability and business continuity.
By Mark Perera (pictured). CEO & Founder, Vizibl. The post Driving Supplier Sustainability: In Uncertain Times, Control the Controllables appeared first on IT Supply Chain.
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
Getting to know the different types of reverse auctions can be tricky, however, if you or the supplier aren’t familiar with the process. A reverse Dutch auction is a type of reverse auction where the bidding works a little differently. The use of reverse auctions in procurement has gained popularity in recent years, particularly because the “old Excel” way of sourcing is tedious.
By Lee Metters (pictured). Group Business Development Director, Domino Printing Sciences (Domino). The post Design for Sustainability: Understanding Compostable Plastic Packaging appeared first on IT Supply Chain.
This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. economy through the lens of the logistics and transportation sector in terms of costs and implications to the economy during 2021.
By David Jinks M.I.L.T. (pictured). Head of Consumer Research, ParcelHero. The post It’s the end of Buy Now Panic Later, but shoppers may lose access to easy, interest-free credit appeared first on IT Supply Chain.
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.
Executive military leader steeped in mission-readiness, human capital, strategic defense and fiscal budgets joins ThroughPut Advisory Board. PALO ALTO, Calif., June. 21, 2022 /PRNewswire/ — ThroughPut Inc., the Industrial AI Supply Chain pioneer, today announced the addition of retired U.S Air Force Brigadier General Ronald. E. Jolly, Sr., to its Board of Advisors.
The product or service that any business delivers is only as good as the ingredients that make it up. You can have the best restaurant in the world, but it won’t be successful if the steaks are substandard, overpriced or constantly unavailable. The same applies to any business that relies on its supply chain to meet or exceed customer expectations.
In this Supply Chain Matters posting, we highlight reports of muted sales growth for this year’s 618 online shopping festival across China along the implications for industry supply chains. There are two significant online shopping festivals that occur across China , one being Singles Day that occurs in November , and the other being the 618 festival which occurs on June 18.
With the advancement of eCommerce technology, functionalities grew, systems became more automated, and it took much less time to update the same information across multiple solutions. And all of this was possible mainly due to Integrations. Integrations. Integrations are streamlined procedures that connect two separate systems to allow the simple exchange of necessary data for enhanced performance.
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 21st-century customer is a tough cookie. They desire fast, speedy and reliable order fulfillment without compromising on product quality. They demand transparency and regular updates, and they also want flexible delivery hours, and, in turn, offer their loyalty. These are expectations not just from business to consumer (B2C) sales channels but from business to business (B2B) retailers as well, making it vital for retailers and logistics providers to walk at the same pace as the customer.
Supply constraints, exacerbated by Russia’s war in Ukraine this year, account for about half of the surge in U.S. inflation, with demand currently making up a third of the increase, according to new research from the Federal Reserve Bank of San Francisco.
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.
By design, blockchain technology is meant to be free from interference by banks, companies and governments. But a new report says the decentralized system might not be working as well as many crypto enthusiasts assume.
When The Kroger Co. formed a partnership in 2018 with Ocado Group, they knew e-grocery had a bright future. Of course, the move turned out to be far more timely than both retailers anticipated.
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