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Supply variability today. Where are we at? It’s tempting to think of supply variability as a recent phenomenon caused by COVID-19. Supply chain professionals know better. Supply disruptions are as old as trade itself. But the disruptive power of the pandemic was off the charts, as they say. How far off the charts? Depends on the data, of course. Let’s take a look an “index of indexes” recently devised by The Federal Reserve Bank of New York.
Temperatures are rising and people are getting sweaty. We’re inching toward the time of year when sweltering heat can only be quenched by one experience–a dunk in a cool, crisp, clean swimming pool. Sadly enough, that sweet relief may be limited this summer season, as the chlorine shortages experienced in 2021 have made a reappearance. The cause of this tragedy?
Many organizations are still struggling to understand and implement basic Sales and Operations Planning processes to cope with supply chain disruption. Thanks to constant industry innovation, Integrated Business Planning (IBP) is now also becoming a common topic of conversation. Unfortunately, the definitions of S&OP and IBP are often confusing as they seem to be both distinct and overlapping processes.
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
The logistics industry is changing fast. On today’s episode of The Logistics of Logistics Podcast, host Joe Lynch sits down with Courtney Muller. Courney is a Strategic Event Executive and the Chief Corporate Development Officer and President of Manifest at Connectiv, a live event studio based in NYC. Connectiv produces world-class industry leading events that focus on disruptive technology.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Confessions of a High Priced Expediter! Anyone who has worked in Supply Chain knows that problems will arise anytime, anywhere and anyhow. These problems will require quick reaction, expediting, firefighting, long hours and sleepless nights. Certainly the disruptions caused by the pandemic have made reactive Supply Chain operation the norm in virtually every industry and every geography.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Confessions of a High Priced Expediter! Anyone who has worked in Supply Chain knows that problems will arise anytime, anywhere and anyhow. These problems will require quick reaction, expediting, firefighting, long hours and sleepless nights. Certainly the disruptions caused by the pandemic have made reactive Supply Chain operation the norm in virtually every industry and every geography.
By David Jinks M.I.L.T. (pictured). Head of Consumer Research, ParcelHero. The post ‘Do we really want to launch a trade war with the EU NOW?’ asks ParcelHero appeared first on IT Supply Chain.
Manufacturers and distributors can leverage Cloud ERP to revolutionize the way they do business and manage disruption as the impact of the global pandemic, regional instabilities, and natural disasters continues to cause supply chain volatility. Supply chain disruptions have resulted in the need for highly agile organizations that are responsive to ever-changing market needs.
By Frazer Watson (pictured). UK – Ireland Country Manager at iFollow. The post Quality makes a difference when choosing AMRs appeared first on IT Supply Chain.
Preview – Most IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. This traditional IBP is not set up for a fast-changing world, where speed of decision making confers a competitive advantage. Intelligent automation will change this. In this series of blogs, I will discuss the transition of traditional IBP towards a more intelligent IBP.
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.
Let’s take a closer look at how companies can balance risk management and supply chain resilience — and what technology and transparency bring to the table.
Climate change and the extreme weather events it causes are becoming larger concerns for supply chain managers, their C-suite bosses, corporate boards, and major investors. And for OEMs in virtually every manufacturing industry, supply chains are where much of their climate change risk lies. Climate change first arose as a topic in supply chain management because most of the greenhouse gases (GHGs) emitted by OEMs and large retailers are produced by supplier and logistics firms.
Global supply chain optimization is simply taking a closer look at and revamping your current supply chain to operate at its best. Your supply chain is the backbone of your business, no matter what role you play in purchasing and procurement. Global supply chain optimization requires solid supply chain management (SCM). So, what is supply chain management ?
This guide contains everything you need to know about freight shipping and logistics so you can make informed decisions for your business. Learn the difference between LTL vs FTL, how to find the best rates, and what services to expect from a freight provider. Table of Contents: Navigating Freight for Your Business. What Is Freight Shipping? What Is FTL Freight?
The shift from cost-savings to supply chain resilience has reshaped the order of the list of top priorities for many organizations. Reducing supply chain risk and achieving greater transparency now dominate the thinking for 2022, especially in light of recent global events and as a result of increasing demands in areas such as sustainability. As a result, cost reduction has been knocked off the top spot of CPO priorities in Deloitte’s most recent CPO Survey for the first time in its ten-year his
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.
• Strategic sourcing is a combination of activities aimed at aligning a company’s procurement spend with its overall objectives. • It’s about spending money in the wisest ways rather than just angling for the lowest prices of items. The sourcing strategy balances numerous variables in supply chains as well as the various interests of internal […].
Over the past decade, the tire industry has faced several market and technological challenges, caused by increasing competition and growing demand for high technology tires. At the same time, tire manufacturers have suffered from extreme volatility, raw material shortages with rapidly rising prices, a shortage of global transport capacity and increased costs caused by the global COVID-19 pandemic and additional disruptive forces.
This article was originally published on SHD Logistics In early 2022, global supply chains faced… The post 2022: The year of automation appeared first on Tecsys.
Global retailer Walmart reported Q1-2022 financial performance this week and described the current retail business profitability environment as unexpected and unusual. Business media headlines note a big earnings miss as higher supply chain related costs are taking a toll. For the recently completed quarter, the retailer reported overall revenue up 2.4 percent to $141.6 billion.
“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 last week’s post, we introduced some of the lessons we’ve learned about implementing new supply chain technology. This week, we’ll take a look at some case studies from companies in Russia to the countries of the Central Asian region. Case #3: The Disappearing Team Lead As we mentioned last week, the project teams that. Read more.
Not every transportation management system platform provides true visibility and usability across every supply chain operation. Without sufficient TMS capabilities, transportation network partners struggle to maintain awareness and execute activities across a freight shipment’s life cycle. The post 10 TMS Capabilities for Usability and Best Supply Chain Visibility appeared first on MercuryGate International.
Just as spring signals a time full of blossoms and allergenic sneezes, changing seasons can cause people to reflect on traditions. While many traditions produce warm memories, some belong in the past. Today, much of the freight industry believes the traditional freight invoice audit and payment practices are in the latter category. The Journal of Commerce adds, “The thorny issue of freight invoice accuracy has dogged virtually every buyer of capacity, but a wave of investment in recent months in
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
You can find a “national day” for just about any topic; however, few topics need or deserve as much attention as decency and civility. Over the weekend, you probably missed celebrating National Decency Day (May 14). According to the website nationaldaycalendar.com, “National Decency Day celebrates the basic standard of civility that every American deserves.
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