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We are born into a world of risks. We never know from one minute to the next what fate has in store for us. As a result, it’s silly to believe we can avoid risks. It’s simply not possible. Facing risks head-on is always the best strategy. Supply chain professionals are certainly acquainted with risks and risk-taking; however, their principal concern is managing risks.
The solar protection equipment manufacturer delivers impressive customer service and reduces working capital investment to fuel expansion BOSTON – April 20, 2023 – ToolsGroup , a global leader in retail and supply chain planning and optimization, has partnered with Gaviota , the automated sun and shutter specialists, to fuel its supply chain planning transformation, resulting in significantly reduced inventory levels, increased customer satisfaction, and substantial business benefits.
If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck. But what exactly does it entail and what qualifications do you need to thrive in this dynamic role?
By Matthew Peake (pictured) Global Director of Public Policy, Onfido The post Data Protection & The Digital Information Bill appeared first on IT Supply Chain.
ICON 2023 is Blue Yonder’s annual customer conference and premier supply chain event, where practitioners and decision-makers exchange insights about their transformation journeys. If you are in the logistics field, why should you attend this year’s event? I spoke with Blue Yonder’s Chirag Modi , CVP, Industry Strategy, during a recent Blue Yonder Live session where he shared the top logistics opportunities and challenges, what to expect this year from ICON 2023, and some of the key highlights f
By Rob Jackson (pictured) Content Writer The post Top 7 Essential Practices for Strengthening Your Software Supply Chain Security 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.
Managing the distribution of controlled substances can be a technical headache for organizations throughout the pharma and healthcare supply chain, but it’s also an important responsibility that prevents diversion and abuse.
Preparing for Compliance: How Will CSDDD Impact Your Organization? The European Directive on Corporate Sustainability Due Diligence (CSDDD) was published on February 23, 2022. This legislation proposes extensive new human rights and environmental due diligence requirements for over 13,000 European and 4,000 non-European companies that provide products or services in the European Union (EU).
Supply Chain Matters highlights latest reports indicating that global parcel carrier FedEx is planning a major restructuring of ground and air last mile delivery networks. Background In prior Supply Chain Matters postings, we have updated readers on global parcel transportation and logistics carrier FedEx’s ongoing business restructuring effort s.
What is the difference between the CSDDD and CSRD, and how should you focus your efforts? The EU’s recent Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD) are closely linked, with both pieces of legislation working together to reinforce each other. You can find background on CSRD in this SupplyShift blog post.
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
OVERVIEW: Overview of Mobile Inventory Solutions What Problems Does Mobile Inventory Solve? Benefits of Mobile Inventory for Oracle Cloud SCM The Role of Mobile Apps in Mobile Inventory Offline Inventory Control for Oracle Cloud SCM How to Preserve Legacy ERP Functionality Industry-Specific Mobile Solutions Finding the Right Mobile Inventory Solution Future Trends and Innovations Mobile Inventory as a Best Practice In today’s fast-paced supply chain, effective inventory management is cruci
Supply chain planning that is purely based on forecasts is no longer relevant in today’s fast-paced market. Just as we step out of the post-covid impact, the need of the hour is holistic demand planning which can drive results in today’s dynamic and ever-changing business environment. The most important aspect of demand planning is to maintain the right balance between customer demand and stock inventory.
Nobody could have predicted the impact of the Covid 19 pandemic on the global supply chains, caused primarily by lockdowns, labour shortage, freight issues and excessive customer demand fuelled by hysteria.
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.
The supply chain world can now be easily categorized into phases – Pre-covid and Post-covid. A lot of things have changed in the post-covid phase which has significantly impacted the way things work and the results they produce. Chief Supply Chain Officers (CSCOs) today have to deal with a new set of challenges including supplier unpredictability, ambiguous and missing historical data, inventory disruptions, supply and demand imbalances, to name a few.
There is sometimes confusion when we talk about pull flow. When it comes to pull flow, there is often confusion with just-in-time supply chain management. In this article, we’ll define pull flow and just-in-time and explain the difference between the two. We’ll also discuss the importance of implementing buffers in a pull flow model to.
Cyberint's new supply chain intelligence module identifies third parties, assesses the security risks they could present, and sends alerts to users warning them of potential risks.
Continuous disruption and evolving customer behavior make logistics forecasts and investment decisions more difficult than ever. Logistics leaders recognize they must act, navigate uncertainty and meet customer expectations.
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.
Redwood City, CA, 20 April 2023. Ivalua, a global leader in spend management , and its partner Axys Consultants today announced that Hutchinson has selected Ivalua’s eProcurement software to expand the scope of its currently implemented solution and meet its evolving procurement requirements. Hutchinson is a global leader in the design, manufacture, and sale of smart mobility solutions for a variety of markets including automotive, aerospace, defense, rail and industries.
Matthew Hertz , Founder of Second Marathon Consulting , is a leading matchmaker between eRetailers and order fulfillment services providers. He recently chatted with Amware’s EVP of Strategy & Operations, Chad Warzecha, for an episode of Unboxing Fulfillment – the modern B2C fulfillment podcast.
Over the years, port drayage has become increasingly complicated. In the “good old days”, the trucker arrived at terminal gates, quickly found the right container mounted on a steamship line supplied chassis, checked out, and was on the way with few delays. Fast forward to today, where the number of moving parts to haul a container has increased exponentially.
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.
An inventory accounting journal entry records your inventory transactions, helping to categorise your financial expenses and earnings. This makes them an essential element of inventory accounting. In this guide, we break down the different accounting methods used in product businesses and list 13 of the most important inventory accounting journal entries you need to know.
A broader deal may still be far off, but any movement will ease shipper concerns that the talks aren’t going anywhere after nearly a year of negotiations.
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