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We’re already over halfway through 2023, and things are looking up for the supply chain. We dug into the data from our event watch monitoring platform, EventWatch AI , and here’s what we found. From January to June, we saw a total of 8,197 supply chain disruptions , only a 3% year-over-year increase. This ever-so-slight increase hints that the supply chain is stabilizing—which is great news considering how volatile the past few years have been.
The reason that microgrids are growing faster than larger grids comes down to economics. In many cases microgrids are now bankable investments due to high power costs, low renewable and battery costs, and the value of improving power resilience. The option of using local power generation from a microgrid for supplying your electric power can alleviate the risk of power outages when your main grid fails.
Updated: August 3, 2023 Published: April 1, 2019 Achieving Customer Satisfaction and Competitive Advantage at Lower Costs Understanding and meeting customer expectations is at the heart of Advanced Product Quality Planning (APQP) and are key requirements for any business to be successful. APQP’s focus on customer needs ensures that products are developed and manufactured to fulfill those requirements, resulting in increasing customer satisfaction, improved customer loyalty and business competiti
The mass disruptions of the pandemic forced a broad acknowledgement that there’s a lot of waste in current supply chains, says Chris Pickett, COO at Flock Freight.
The mass disruptions of the pandemic forced a broad acknowledgement that there’s a lot of waste in current supply chains, says Chris Pickett, COO at Flock Freight.
By Rob Jackson (pictured) Content Writer The post ILMAP: Your Trusted Partner for Industrial Water Treatment Solutions and Resin Traps appeared first on IT Supply Chain.
Supply Chain Matters provides highlights and perspectives on reported July 2023 global and regional production and supply chain PMI indices. The July numbers signal a continued downturn in global manufacturing conditions with output and new order rates reportedly falling at faster rates. The data reinforces the warning signs of June and Q2, suggesting added contraction levels.
By Dwight J. Lawrence (pictured) Content Writer The post Implement These 5 Strategies to Elevate Your Retail Business Performance 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.
By Charles Haverfield (pictured) CEO, US Packaging & Wrapping The post How Yellow’s bankruptcy puts pressure on businesses appeared first on IT Supply Chain.
In the ever-evolving business landscape, digital transformation has become a non-negotiable imperative for all industry leaders. The cloud stands out as the pivotal enabler of these transformational endeavors. An astounding 90% of best-in-class organizations that have successfully embraced digital transformation are already leveraging cloud services and platforms, attesting to its significance [1].
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
In an era defined by constant innovation and complexity, the need for clear, efficient business processes is more critical than ever. At the heart of this efficiency lies Business Process Model and Notation (BPMN) 2.0, a game-changer in business process modeling. Widely adopted across industries, BPMN 2.0 has empowered organizations to visualize, manage, and improve their operational procedures in a standardized, easily comprehensible way.
In an era defined by constant innovation and complexity, the need for clear, efficient business processes is more critical than ever. At the heart of this efficiency lies Business Process Model and Notation (BPMN) 2.0, a game-changer in business process modeling. Widely adopted across industries, BPMN 2.0 has empowered organizations to visualize, manage, and improve their operational procedures in a standardized, easily comprehensible way.
The EU warned developing countries that Russia would begin offering cheap grain as a way to create new dependencies stemming from economic vulnerabilities and global food insecurity.
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 leader of the Organization of Petroleum Exporting Countries (OPEC) will continue the cutback of 1 million barrels a day — launched during July — into September.
Earlier this year, presidential hopeful U.S. Ron DeSantis insisted, “While the U.S. has many vital national interests — securing our borders, addressing the crisis of readiness within our military, achieving energy security and independence, and checking the economic, cultural, and military power of the Chinese Communist Party — becoming further entangled in a territorial dispute between Ukraine and Russia is not one of them.”[1] His depiction of the war as a “territorial disputeR
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.
Regarding warehouse execution and management systems, operators usually focus on the benefits. The top priorities are enhanced productivity, decreased worker on-floor travel, and reduced labor hours. But with those improvements inside the warehouse, your system must also provide the tools to improve efficiency downstream. The post 3 Benefits of Warehouse Execution Systems for Healthcare Providers appeared first on Lucas Systems.
In a time of growing environmental awareness, retailers need to adjust their sustainability and home-delivery strategies, especially with respect to age.
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