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With capacity so tight over the past few years, the role of the bulk freight truck driver has received a lot of attention. Specifically, “why don’t we have enough of them?” The short answer is that there is a truck driver shortage across all modes of trucking. As bulk trucking is a smaller, specialized subset of the larger trucking industry, these drivers are even harder to come by.
Commerce is global and regional at the same time, the world is getting smaller and more interconnected, and Consumer Packaged Goods (CPG) manufacturers operate in this build-anywhere and sell-anywhere market. Consumers are ever more conscious of value, sensitive to health and environmental issues – especially after the COVID pandemic, each demanding more options for their money.
Ivalua Spend Management Insights [ivory-search] Let’s Get Digital: Introducing your Source-to-Pay Guide March 9, 2023 | | Source to Pay (S2P) by Vishal Patel In today’s highly competitive business environment, it’s essential for organizations to have a comprehensive Source-to-Pay (S2P ) solution to reduce costs, strengthen supplier relationships, manage risk, and gain better visibility into spend and the overall supply base.
By Charlie Fletcher (pictured) Freelance Writer The post How Emerging Technologies Are Improving Construction Supply Chains appeared first on IT Supply Chain.
The COVID-19 pandemic exposed vulnerabilities in supply chains around the world and the dust has never settled. Positive cases have been on a downward trend but supply chain disruption shows no sign of slowing down. Instead, geopolitical, inflationary and environmental forces have created new challenges for manufacturers and their supply chain partners.
Since 2015, PTC has hosted LiveWorx , a global forum that brings together manufacturing executives, engineers, product designers, quality leaders, supply chain partners, and other like-minded individuals who are focused on harnessing disruptive technologies to manage uncertainty and transform their business. On May 15 – 18, 2023, professionals across the industrial enterprise will have the opportunity to attend PTC LiveWorx in person at the Boston Convention and Exhibition Center.
By Olivier Morel (pictured) Product Development Manager, Domino Printing Sciences The post The Role of Printing Inks in Improving the Recyclability of Flexible Plastic Packaging appeared first on IT Supply Chain.
Strengthen your operations with the Supply Chain Resilience Checklist. This practical, easy-to-use tool helps your organization prepare for disruptions and ensure long-term continuity in an unpredictable world. Why Download: Identify and assess critical supply chain risks Ask the right questions to evaluate vendor preparedness Implement effective strategies to reduce vulnerabilities Improve communication, transparency, and coordination across your network What You’ll Learn: How to evaluate and m
Whether you’re a shipper booking freight or a new logistician starting out in the industry, you’ll find that there are many terms you need to understand in order to speak the same language as your transportation provider. The following is a list of logistics terms and definitions that are common within the transportation industry. For a more comprehensive list of supply chain definitions, check out Weber Logistics’ online glossary of logistics terms.
Reading Big Lot’s recent Q4 earnings transcript reminded me of the importance of partnerships. Big Lots experienced a shortage of Broyhill furniture and upholstery during the most critical period of any retailer’s calendar – the holiday season. “Our furniture sales were adversely impacted by product shortages related to the closure of our largest vendor, United Furniture Industries,” Big Lots’ President and CEO, Bruce Thorn, told analysts on March 2.
In January 2023, Crisp announced its acquisition of Electronic Data Interchange (EDI) platform Integral Group. Here, our new EDI team discusses how automated order management can be a cost-saving initiative, helping organizations weather challenging economic times. With looming economic uncertainty, we have already seen many companies tightening their belts.
“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.
By Geoff Whiting, Senior Writer, Red Stag Fulfillment Applying automation and artificial intelligence (AI) to supply chain management is an excellent way for manufacturers to increase the accuracy, speed, and efficiency of operations. Manufacturers can start by identifying which supply chain processes can be enhanced by automation, researching AI and software tools to find the best fit for their use cases, and developing a digital transformation plan that keeps them on track to keep up with the
Suppliers with power are able to raise prices, arbitrarily decide which companies they will work with, and issue threats when their demands are unmet. That power increases if a company fears to change suppliers or balks at the cost of switching; if the company’s procurement function is new, untrained, or siloed; or if the company has no insight into the potential value it is leaving on the table.
One conviction shared by both business leaders and environmentalists is that waste and inefficiency are bad. Time is one of the worst things companies can waste. Best-selling author Harvey Mackay once stated, “Time is free, but it’s priceless. You can’t own it, but you can use it. You can’t keep it, but you can spend it. Once you’ve lost it you can never get it back.”[1] Mackay is correct.
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
More carriers are flying with the latest-generation turbines that — while as much as 20% more fuel efficient — also have been prone to far more frequent maintenance cycles than their more robust predecessors.
Hey there, Bankers! We all know that managing a business can be tough, and one of the biggest challenges is keeping track of inventory. That's why we should all be cheering on those clever business owners who use inventory planning software to keep their stock in check. First of all, let's talk about the bottom line. When a business has a good handle on their inventory, they're able to reduce waste, avoid overstocking, and make more informed purchasing decisions.
Trong bài viết trước, chúng ta đã tìm hiểu sự khác biệt giữa hai khái niệm rất dễ nhầm lẫn: quản trị và quản ly. Bài viết này mở đầu cho 4 bài viết về quản trị doanh nghiệp, dựa theo mô hình Balance Scorecard, bao gồm: - Quản lý tài chính - Quan hệ khách hàng - Quy trình nội bộ - Đào tạo và phát triển Tài chính là một yếu tố quan trọng trong việc quản trị doanh nghiệp.
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.
Business courses are popular among business owners and college and university students. They allow you to gain additional knowledge to stimulate career growth and entrepreneurial success. Today there are many exciting offers. Therefore, it is sometimes difficult to understand which are the best and have the necessary knowledge and value. We have studied hundreds of business courses that meet the needs of today’s students.
The way the world shops has changed drastically over the past two decades. Customers no longer have to rely solely on visiting brick-and-mortar retail stores to browse for sales or make product purchases. While many companies have not abandoned physical storefronts or still have numerous retail locations, they have expanded the way they sell their products to include different sales channels - resulting in increased sales and a better customer.
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.
In any business, inventory is usually a business's greatest advantage. You would like to have sufficient of it to ensure that you are able to meet demand, although not a great deal that you simply cannot sell through it. Buying raw materials or even inventory is not constantly as easy. You don't only have to … The post All you need to know about Minimum Order Quantity MOQ and how to negotiate it appeared first on ?
Shari Christofferson, president of Connect, talks about the importance of having a connected network in warehousing and distribution, and the cost of failing to maintain one.
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