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In a July 2024 survey of our Indago supply chain research community and Alpega customers, almost three quarters of the respondents (72%) said that integrating a large “open network” of vetted and trusted carriers with a transportation management system (TMS) would be either “Extremely Beneficial” or “Very Beneficial.” That’s not surprising given that the transportation.
According to research by Ernst & Young LLP, the global consulting firm, as the Covid crisis recedes, supply chain executives are losing the strategic gains they made with their C-suite counterparts. During and immediately after the pandemic, supply chain leaders were in an unfamiliar position: they had the attention of top management and a once-in-a-generation opportunity to make their supply chains more agile and resilient.
Sales & Operations Planning (S&OP) is an established industry process that aims at finding a balance between demand and supply and streamlining cross-functional collaboration. Procurement People should learn the Sales & Operations Planning (S&OP) Process. Procurement professionals can contribute significantly to the S&OP process by providing valuable insights into supply chain dynamics, identifying potential risks, and optimizing sourcing strategies.
The Ferrari Consulting and Research Group through its affiliated Supply Chain Matters blog provides both perspectives and self-rating observations regarding our January 2024 published Research Advisory- 2024 Predictions for Industry Global Supply Chains. We do so because of our long-standing business principal that predictions should not be that of a social media or corporate focused marketing conversational tool to drive eyeballs.
In today's rapidly evolving logistics industry, companies consistently strive for efficiency and competitiveness. However, the most significant factor driving business success isn't just technology or infrastructure—it's the people behind your processes. Employees aren't merely resources; they're your most strategic asset. High turnover rates and constant retraining costs severely impact logistics companies, draining productivity and profitability.
In today’s competitive business landscape, optimizing supply chains is crucial for achieving operational efficiency and cost reduction. While inventory management and logistics often take center stage, another critical component that significantly impacts supply chain performance is fixed asset management. Fixed assets, such as machinery, equipment, and vehicles, are essential for businesses to operate smoothly.
Transforming CPG and Retail Supply Chains with the Power of Generative AI Download White Paper The post Transforming CPG and Retail Supply Chains with Gen AI appeared first on Bristlecone.
Transforming CPG and Retail Supply Chains with the Power of Generative AI Download White Paper The post Transforming CPG and Retail Supply Chains with Gen AI appeared first on Bristlecone.
By Edward Hutchison (pictured) Managing Director of BITO Storage Systems The post Retrofitting advantage for order picking appeared first on IT Supply Chain.
The implementation of the Drug Supply Chain Security Act (DSCSA) has once again been delayed, with new deadlines stretching into mid-2025. While this extension offers breathing room for the pharmaceutical industry, it highlights persistent challenges in achieving traceability and security throughout the supply chain.
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.
"Rejected freight" is a phrase no shipper ever wants to hear. For small and mid-sized businesses (SMBs), rejected freight is an unwanted and unwelcome proposition, and it's equally painful for the recipient and the carrier as well. Unfortunately, while freight rejection rates are fairly low, refused loads do happen. At the end of 2023, the rate of U.S. freight rejections was about 4% for non-perishable shipments and nearly 9% for refrigerated freight. 1 So what should you do if your less-than-tr
By Christine Baker (pictured) Content Writer The post How Sustainability & Decarbonization Consulting Helps the Transition to Renewable Energy & Net-Zero Operations? appeared first on IT Supply Chain.
Organizations navigating increasingly complex global networks have discovered that integrating sustainable practices has multiple key benefits. Sustainability can drastically slash waste, streamline operational efficiency, and even improve employee engagement.
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
The Future of Supply Chain Integration with SAP and Next-Gen Technologies Download Case Study The post The Future of Supply Chain Integration with SAP and Next-Gen Technologies appeared first on Bristlecone.
How, why, and when to use virtual credit cards for your business A virtual card is a digital payment method that can be used in the same way as a traditional credit card. But alongside the benefits of physical credit cards, like high payment security, virtual cards have a range of additional features that make them uniquely valuable to businesses looking to improve payment controls, accounts payable (AP) efficiency, and working capital management.
Shipping costs can quickly eat up profit margins for ecommerce businesses. With everything else involved in running an online store, finding ways to reduce these expenses can feel overwhelming. However, securing discounted rates can dramatically improve profitability. For brands looking to grow and scale, minimizing shipping costs not only improves margins but helps businesses remain competitive.
“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.
Efficiently finding load coverage is crucial for freight brokers and logistics companies aiming to enhance productivity and profitability. Load coverage refers to the process of finding carriers to transport freight from shippers to recipients. Ensuring consistent and reliable load coverage is vital for meeting client expectations, reducing operational costs, and maintaining competitive edges.
Seattle-based Basel Action Network sounded the alarm that more than 800 tons of electric arc furnace dust were being illegally transported after the group received a tipoff.
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
The issue of automation at ports – both in terms of physical equipment and data management – remains at the heart of disagreements between the two sides.
Karl Siebrecht, Co-Founder and CEO of Flexe, recently spoke with Dr. Zac Rogers, who explained how the LMI tracks logistics activity and sentiment, providing valuable data for understanding the industry's health.
The German automaker also plans to downsize its remaining plants, reduce worker salaries by at least 10%, and freeze pay raises for the next two years.
Supply chain leaders readily agree that industry differences exist in planning. Similarly, debate rages on the differences between regions. Industry differences trump regional definitions, but there is little recognition of the supply chain planning requirements by company size in the discussions. When it comes to defining solution success, mapping the requirements based on company size is more important than industry or region.
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.
Another $4.6 million will go toward six terminals within the Port of Long Beach, as well as the city's Port Police Division and the Long Beach Fire Department.
According to Gartner , 88% of procurement leaders have significantly increased their focus on supplier collaboration over the past 24 months. So, how can companies strengthen their supplier relationship management and see real improvements in practice? In this article, we explore what SRM software is and discuss proven strategies for efficient partnerships with suppliers.
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