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Last week, I published an article on outside-in planning. The article introduced the concept of self-service planning and challenged companies to rethink the concepts of supply chain planning. For me, the concepts of outside-in and self-service planning are intertwined. Let’s start with definitions: Self Service Planning: Decision support technologies designed for business leaders to use analytic techniques on a collaborative platform to improve business planning.
This blog delves into the 5 primary concerns highlighted in the Material Handling Institute's recent study: Agility, costs, labor, sustainability, and visibility.
Business experts continue to encourage companies to become data-driven enterprises. Personally, I prefer the term decision-driven enterprises. Data only becomes valuable when it provides insights that lead to action (i.e., a decision). As Bain analysts, Michael C. Mankins and Lori Sherer , explain, “The best way to understand any company’s operations is to view them as a series of decisions.”[1] They add, “We know from extensive research that decisions matter — a lot.
By Paul Williamson (pictured) Content Writer The post The Role Data Analytics Plays is Transforming Supply Chain Efficiency appeared first on IT Supply Chain.
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
This year, April 22 marks the 55th anniversary of celebrating Earth Day. Since 1970, EARTHDAY.ORG continues to raise public awareness and concern about conservation and sustainability for planet Earth. In the spirit of Earth Day, PTC signed the Science Based Targets initiative (SBTi) commitment letter acknowledging the importance and urgency of sustainability and lowering greenhouse gas emissions.
As the backbone of global trade and commerce, transportation and logistics companies are under increasing pressure to enhance efficiency, reduce costs and meet sustainability goals.
As the backbone of global trade and commerce, transportation and logistics companies are under increasing pressure to enhance efficiency, reduce costs and meet sustainability goals.
Gaurav Behere is a Senior Technical User Interface Architect designing and architecting the Integrated Business Planning Spaces for the Blue Yonder Cognitive Supply Chain Platform and its offerings. Today, he sheds some light onto a Generative AI approach into an end-to-end traceability from the lens of a laymen of a technical matrix in a cloud offering.
UPS harnesses advanced transportation management software to streamline operations and stay competitive in the global market. This technology reduces costs, enhances operational visibility, and improves customer service, setting new standards for logistics excellence. By continually optimizing their supply chain management, UPS not only meets but exceeds customer expectations, ensuring efficient and reliable delivery across over 200 countries and territories, solidifying their position as a lead
MODEX 2024, one of the largest supply chain trade shows in the USA, held at the sprawling Georgia World Congress Center, brought together supply chain professionals from around the world to explore the latest trends and innovations shaping the industry. Amidst the buzz and dizzying array of massive robotic displays and automated solutions covering an area equivalent to many city blocks, these overarching themes emerged: the imperative of supply chain resilience, agility and sustainability.
Like many companies, Stord recently completed its annual performance review cycle for all employees, with a number of team members earning promotions. Unlike many companies however, we are writing a blog post about it…but why? Well, Stord has six core values (which you can see here ), and one of them is Transparency and Candor. This shows up internally as a collaborative work environment for sharing feedback and opinions.
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.
ATLANTA, April 16, 2024— Earth Breeze —the leader in the rapidly-growing, revolutionary laundry detergent sheet category—selects Stord One Commerce —the order and inventory management software (OMS) that helps brands orchestrate, connect, and optimize their supply chains—to power operations at scale. After experiencing several years of hypergrowth, Earth Breeze sought software that could automate its increasingly complex operations process and centralize its supply chain visibility.
The journey toward greener supply is not without its challenges. The path forward may seem unclear, complex, and even insurmountable at times, but even the smallest of changes can make a difference. The post Achieving Supply Chain Sustainability Success appeared first on MercuryGate International.
Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. More Resources Home April 16, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.
Uncertainty is the only certainty in supply chain these days, so implementing the right technology in your operations is key, says Benji Fountain, account manager at enVista.
This week, business media headlines are citing market quantitative research firm IDC indicating that in Q1-2024, Samsung Electronics surpassed Apple as the designated leader in global smartphone shipments. Reportedly, Apple’s iPhone shipments declined 9.6 percent in Q1-2024, to 50.1 million units. Industry rival Samsung ’s smartphone shipments reportedly fell a mere 0.7 percent to 60.1 million units, according to IDC data.
In the intricate web of supply chain management, every link plays a vital role in the success of the entire operation. From the initial procurement of raw materials to the final delivery of goods, efficiency and coordination are paramount. Amidst this complexity, the adoption of Mobile Device Management (MDM) software emerges as a beacon of efficiency and security, particularly within supply chain warehouses.
The U.S. Commerce Department has awarded a $6.4 billion grant to Samsung Electronics to build an advanced semiconductor fab capabilities in Tyler, Texas. The move follows a $6.6 billion grant awarded to Taiwan based TSMC to build advanced semiconductor fab capabilities in Arizona. As noted in a prior Supply Chain Matters semiconductor supply chain commentary, The Wall Street Journal had previously reported that Samsung Electronics would be doubling its planned U.S. chip production presence in Te
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.
Choosing an ERP Vendor Partner: Key Considerations for Success with SYSPRO As a software reseller or system integrator, your success is intrinsically tied to the solutions and company you choose to represent. Your future growth and your bottom line are directly impacted by the tangibles—and intangibles—a software vendor can offer, so the selection of a partner is critical.
“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.
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
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