Tue.Jul 28, 2020

article thumbnail

The Internet of Things and the Retail Industry

C3 Solutions

This article is part of our Retail Program. Designed specifically to support global leaders by aiding in creating a strategic plan to help them win the retail game. Learn more about it now! 15 Min Read. Download for later. From a term that came into use in 2009, the Internet of Things (IoT) has come a long way in 10 years. You've no doubt heard about it and likely use it on a daily basis if you own a fitness tracker or smart home gadget of any kind.

article thumbnail

Reverse Logistics Companies: Using Metrics to Track Performance

GlobalTranz

The returns supply chain remains difficult to manage. In the age of e-commerce, that complexity only continues to grow. According to Jeff Ladner via Supply & Demand Chain Executive, the maintenance, repair, and operations materials costs comprise up to 15% of total operating costs. And the costs of poor asset information management can surpass 1.5%.read More.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Tips to Keep Your Digital Planning Transformation on Track at Every Stage of the Journey

ToolsGroup

The year 2020 has thrown us all for a loop, and the resulting drastic shifts in demand are motivating companies to accelerate the digital supply chain transformations that for some may have been languishing in early stages. Walmart’s senior vice president of supply chain, product and engineering recently commented that the events of 2020 have “forced us to innovate at a speed that I had not seen before”.¹ The more complete end-to-end data and improved supply chain visibility that come with digit

article thumbnail

Lean without Limits!

DELMIA Quintiq

There are many paths to achieving organization goals. Whether goals are revenue or sustainability, a major contributing ability is operational efficiency; the ability to make continuous improvements towards Lean processes. Making the journey towards being Lean involves using one of most important resources in the world – people! Although machines and material are components in Lean operations, the human element primarily drives improvements within organizations.

article thumbnail

Reducing Global Lead Times To Improve Customer Experience At Becton Dickinson

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

article thumbnail

Editor’s Pick: Preparing for Future Disruptions – Using Technology to Strengthen Your Export Compliance Program

Talking Logistics

Note: Today’s post is part of our “Editor’s Pick” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This post by Jackson Wood from Descartes‘ blog discusses 3 key steps to consider to increase the resilience of your export.

More Trending

article thumbnail

The Parallel Supply Chain … A Twilight Zone Strategy?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Defining the New Normal in Supply Chain! What’s Normal Anyways? The Coronavirus pandemic has resulted in lockdowns of enormous portions of the global population and its businesses. The unprecedented disruption in these Supply Chains and the economy, along with panic buying (eg. toilet paper ) and extraordinary demand for PPE (Personal Protect Equipment) has brought the subject of a Parallel Supply Chain to the forefront

article thumbnail

Everlane revealed: Transparency is a journey that’s as much about inside as out

Provenance

Exposed this week in the New York Times for transparency ambitions that don’t match up with company reality, Everlane are becoming an example of what happens when you don’t follow a robust roadmap for transparency, but treat it as a stand-alone marketing strategy. Here our CEO & Founder, Jessi Baker, shares her take on what went wrong and tips for brands looking to not make the same mistakes.

article thumbnail

The Coming Age of Cognitive Supply Chains

Enterra Insights

Over the past several decades, the world has become increasingly digital. Digitalization not only increases the amount of data being generated it increases the speed at which business is done. As Deloitte analysts note, “The new normal in consumer interactions is speed with agility.”[1] In fact, speed and agility apply to all aspects of business operations, not just interactions with consumers.

article thumbnail

Supply Chain Challenges and Optimization in times of Disruption

ThroughPut

When was the last time you went to your neighborhood Home Depot? The pandemic has indeed changed everything about how we go about life and work. As the largest home improvement retailer in the United States, Home Depot is an excellent example of a business powered by an evolving global supply chain. Home Depot had transformed its supply chain in 2018, which led to aggressive growth and investment return.

article thumbnail

AI-Enabled Robotics Software for Manufacturing Automation: Speeding Time-to-Value

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.

article thumbnail

Rethinking Your Digital Transformation Strategy

QAD

The term digital transformation has been a thoroughly discussed topic in recent years, but it actually originates in the 1990s when organizations first began computerizing their processes and activities. After early packet switching networks such as ARPANET and the NPL network evolved into what we know today as the World Wide Web, digital channels known as websites became prime platforms for data-sharing, online discussion forums, blogs, social networking and online shopping.

article thumbnail

Supply Chain Strategy: Business Continuity vs. Disaster Recovery

Freight Center

From weather-related disasters to cyber-attacks to pandemics, there are many types of disruptions and challenges your business could face at any moment. While it is hard to plan for all possible scenarios, one thing we have learned from recent events is that it is extremely important to have plans and a strategy in place to mitigate disruptions to your business and shipping needs.

article thumbnail

Why IoT and Quality Will Be Critical to Medical Device Development

Arena Solutions

Around the world, medical professionals risked their health to provide care for COVID-19 patients. Social distancing became a key measure to keep healthcare workers and their patients safe. Telehealth and remote care increased and became a more accepted practice. The caveat being that most medical devices do not allow for remote access to gather needed data or to make care adjustments.

Quality 94
article thumbnail

The top 3PL companies in Minnesota

TradeGecko

What is 3PL ? Third-party logistics companies simplify the supply chain system for suppliers and sellers. With a 3PL firm handling tasks such as transportation, storage and transportation, eCommerce sellers can concentrate on sales, marketing and customer experience.

article thumbnail

Tail Inventory: The Silent Cost Driver You Shouldn't Ignore

Learn how centralizing slow-moving SKUs can help reduce fulfillment costs by $300M+ while boosting fulfillment efficiency.

article thumbnail

The rise of Automation and Robotics in long-term practices

Prophetic Technology

Current-disruptive events are transforming the global environment; we are facing mass unemployment and economic crisis. Now are the times to see machines taking over our Supply Chain (SC) processes and workforce, through the use of new automation tools that assure efficient-speed responses.

article thumbnail

The top 7 3PL companies in New Jersey

TradeGecko

Third-party logistics or 3PL companies allow eCommerce businesses to outsource logistics services such as warehouse management, delivery and order fulfillment. This frees up your time to focus on growing your business. Additionally, 3PL companies provide logistics services related to the supply chain. Typically, this includes transportation, picking and packing, packaging and freight forwarding.

article thumbnail

Tips to Keep Your Digital Planning Transformation on Track at Every Stage of the Journey

IT Supply Chain

By Bobby Miller (pictured). Senior Director of Customer Success, ToolsGroup. The post Tips to Keep Your Digital Planning Transformation on Track at Every Stage of the Journey appeared first on IT Supply Chain.

article thumbnail

How Demand for Electric Vehicles Will Impact the Supply Chain

Supply Chain Brain

Global demand for electric vehicles is accelerating as consumers become more eco-conscious and countries set new targets for cutting carbon emissions.

article thumbnail

Speeding Robotics Automation with AI

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.

article thumbnail

Flooding in China disrupts medical, PPE suppliers. Shippers should expect delays

Resilinc

China 62
article thumbnail

Effectively Manage Foodservice Supply Chains During Disruptions

CH Robinson Transportfolio

With foodservice providers shuttered, it’s been an uncertain year for many. Even as doors start to reopen, it’s still unclear what the future holds for the restaurant industry. One certainty is that operators must focus on changing operational characteristics that include safety precautions against COVID-19. This added area of focus can leave many operators feeling strapped for time and resources.

article thumbnail

Supply Chain Optimization Challenges in times of Disruption

ThroughPut

When was the last time you went to your neighborhood Home Depot? The pandemic has indeed changed everything about how we go about life and work. As the largest home improvement retailer in the United States, Home Depot is an excellent example of a business powered by an evolving global supply chain. Home Depot had transformed its supply chain in 2018, which led to aggressive growth and investment return.

article thumbnail

RFQ Meaning: Understanding a Request for Quote Procedure

ProcurePort

The procurement process is all about creating reliable, resilient, and sturdy supply chains, while improving time, efficiency, and savings. This combination of goals is achieved through various procedures and processes that can be standardized, customized, and fulfilled all through procurement software. With the help of knowledgeable employees empowered to use it of course.

article thumbnail

Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“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.

article thumbnail

Supply Chain Optimization Challenges in times of Disruption

ThroughPut

When was the last time you went to your neighborhood Home Depot? The pandemic has indeed changed everything about how we go about life and work. As the largest home improvement retailer in the United States, Home Depot is an excellent example of a business powered by an evolving global supply chain. Home Depot had transformed its supply chain in 2018, which led to aggressive growth and investment return.

article thumbnail

Objectives of Procurement Management

EC Sourcing Group

Objectives of Procurement Management. The objectives of procurement management can range from the most general, such as “buying goods and services,” to the more complex, such as “supporting organizational goals within the team.” Procurement and purchasing is one stop on the supply chain , but everyone suffers if there’s a break in the chain. Every link is important, and being knowledgeable about the entire supply chain, as well as the ins and outs of procurement management, are imperative to kee

article thumbnail

Grocers Cut Bottlers Out Of The Milk Supply Chain

Operations and Supply Chain Management

Even seemingly entrenched supply chains for consumer staples can’t withstand market forces. Moves by big grocers into the milk bottling business are threatening some of the biggest operators in the $40 billion U.S. milk industry, the WSJ’s Jacob Bunge and Jaewon Kang report, as Americans’ thirst for cheap milk triggers big changes in business from farms to grocery shelves.

article thumbnail

Mastering Menards Delivery through Retail Specialized Logistics

Zipline Logistics

Delivering to Menards can be a challenge for brands that do not have an efficiently optimized logistics function or extensive experience working with the retailer. Like many of its peers, Menards has special requirements to successfully bring product into its supply chain without incurring additional costs. Menards is the third-largest home improvement store in the United States.

article thumbnail

How to Modernize Manufacturing Without Losing Control

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

article thumbnail

Combatting empty shelf syndrome: Keeping grocery shelves stocked in the midst of crisis

Manufacturing & Logistics IT

Businesses across every industry have faced unparalleled disruption to their operations as a result of the coronavirus pandemic. In the retail sector, we saw shelves across the globe being repeatedly stripped bare during the early days of the crisis, as supply chains that simply weren’t geared-up to deal with such sudden and dramatic changes in buying behaviour struggled to keep up during the first stages of the crisis.

Retail 45
article thumbnail

Food Manufacturers Outsource To Balance Supply With Demand

Operations and Supply Chain Management

General Mills Inc. is reaching deeper into the food manufacturing business to help match its supply chain to heightened demand. With its own factories already operating at capacity, the company is turning to more third-party manufacturers, the WSJ’s Mark Maurer reports, a sign of the continuing struggle by packaged-food companies to keep grocery shelves stocked as consumers load up during the coronavirus pandemic.

article thumbnail

Supply Chain News on Leaving China Sourcing is Hard, but for Some Companies the Savings could be Significant

Supply Chain Digest

New PwC Report Says Saving New 25 Percnt from Switching to Mexico or Other Asian Sourcing Points