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Supply chains are a mess, inflation is on the rise, the pandemic lingers, natural disasters are intensifying, fraud is growing more prevalent, and global tensions are increasing. This is a big problem. James Johnston ( @JamesA_Johnston ), Regional Vice President at Cloudera, notes, “Supply chains can be considered the lifeblood of the global economy.
Companies are dealing with considerable supply chain and transportation issues at the moment, including port congestion and tight capacity in trucking. Yet, many of them remain focused on corporate sustainability initiatives as well. One area that requires more attention is Scope 3 emissions. What are they? How do you set a target for their reduction?
Demand Planning in VUCA Times with Ali Raza. Ali Raza and Joe Lynch discuss demand planning in VUCA times. Ali is the Founder and CEO of Throughput , where he and his team help companies realize greater output and free cash flow. About Ali Raza. Ali Raza is the Founder and CEO of Throughput, Inc., an AI-Powered software to help companies run leaner, faster, smoother, and safer operations out of the box.
Implementing an ERP project can be compared to climbing to the top of Mount Everest, you need to approach it one step at a time before reaching the peak. Also look at it this way: You wouldn’t climb Mount Everest without an experienced guide. An ERP system can help a business dramatically improve its processes and remain competitive, but it’s a journey that must be taken with important considerations.
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
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Select a Forex Broker! Forex and Binary options trading article and permission to publish here provided by Nikki Gabriel. You must know that opting to be a binary option or a Forex trader can probably be the most profit-making business alternative. We are sure you are curious to know how to get in this boat.
By Andre Hordagoda (pictured). Co-Founder & CEO, Go Instore. The post Let’s get ‘phygital’: Don’t fudge your Black Friday strategy this year appeared first on IT Supply Chain.
By Andre Hordagoda (pictured). Co-Founder & CEO, Go Instore. The post Let’s get ‘phygital’: Don’t fudge your Black Friday strategy this year appeared first on IT Supply Chain.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Brand Protection – The Definitive Role of the Supply Chain! Curb appeal article and permission to publish here provided by Claire Glassman. First impressions can create a lasting impact on your business. Although at times, you never get the second chance to undo this. In the competitive arena of businesses, one single negative feedback from a customer might hurt your reputation.
When you’re going on a road trip, you’re likely going to prepare for your journey with a detailed map to ensure you get where you’re going, don’t make any wrong turns, and arrive at your destination quickly and efficiently. The same goes for your business. Accurate analytics can be the roadmap to your business’s success. Knowing how your business is currently performing is critical for every ecommerce retailer.
In April of 2021, the number of workers who quit their job in a single month broke an all-time U.S. record. Then, it broke again in July and August, leading economists to label it the “Great Resignation.” As a result, job openings are now at an all-time high, and many are going unfilled for months. Meanwhile, the global supply chain is experiencing an abnormal number of bottlenecks.
Shipping air inside expensive freight containers has never been a cost-effective approach to transportation. Today though, in the wake of the COVID-19 pandemic, it’s even more critical to try and improve capacity utilisation , given the skyrocketing costs of container freight shipping. While it may have been acceptable in the past to consider underutilised containers as an unavoidable cost of international shipping, the astronomical costs of container freight in 2021 no longer allow for su
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.
Freeports are big news right now. In April 2021 the UK’s Chancellor of the Exchequer Rishi Sunak announced the country will be establishing eight new freeports – and there are high expectations for the positive impact these will have on areas where they are located. So what is a freeport, how are they used around the world, and why is the UK keen to establish these special zones?
The effects of multiple disruptions over the past two years has been a catalyst for supply chain transformation, but radical change still lies ahead. .
How to prepare for what Covid-19 and the new variant Delta or other variants can bring? We need to do something right away and count on some essential elements we need to go along.
Howard Meitiner, managing director with Carl Marks Advisors, explains why the current congestion and challenges being experienced by retail supply chains aren’t going away anytime soon — in fact, they’re likely to permanently change the sector.
By SVanessa Yacoubi (pictured). Tutor in preparation for entrance exams. Freelancer. The post 7 Arguments Pro College for Those in Doubt appeared first on IT 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.
In the first of a three-part insights series to help CEOs and supply chain professionals navigate the ESG landscape, Maine Pointe's CMO, Simon Knowles, and Alan Amling, Distinguished Fellow, Global Supply Chain Institute summarize ESG in the supply chain and discuss why it's an imperative now.
By Anthony Payne, CMO of HICX. 64% of respondents in the recent Supplier Experience Survey by HICX cite communications as a top three area for improvement when it comes to doing business with suppliers. This emphasises a persistent pain point; an imbalance between suppliers and enterprises that needs to change. With the pandemic highlighting the need for robust supply chains, we’re seeing that enterprises that focus solely on cost savings at the expense of all else are left horribly exposed to
In April of 2021, the number of workers who quit their job in a single month broke an all-time U.S. record. Then, it broke again in July and August, leading economists to label it the “Great Resignation.” As a result, job openings are now at an all-time high, and many are going unfilled for months. Meanwhile, the global supply chain is experiencing an abnormal number of bottlenecks.
Automation is transforming supply chains, but the societal cost in terms of inequality may be high The advance of automation in supply chains is nothing new, but the current outcry over labor shortages is expected to accelerate the rush to replace humans with algorithms and machines. The arguments in favor of automation are so well-established that the trend almost seems like a force of nature.
“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.
With a 412% year-over-year increase in the mentions of “supply chain issues” by chief executives during the latest company earnings season, it likely comes as no surprise that the COVID-19 pandemic has brought a painful realization that today’s global supply chains are constantly exposed to a range of risks that can turn into costly disruptions.
Big Data Means Big Quality Data One of the pillars of Industry 4.0 is availability of data so that we can process it intelligently. Allowing us to form conclusions and making new discoveries that were not so transparent to us in the past. In order to build smart factories and autonomous supply chains, the very first step is to build a digital model of the supply chain. to build such a model, good data is essential at high frequency.
Trade Compliance also Applies to Shipments within a Nation’s Borders. I recently completed a study of the Global Trade Compliance software market. I managed to speak to two executives a multinational global conglomerate about their approach to trade compliance. As is often the case when speaking about compliance issues, these executives asked me not to identify their company or mention their names or job titles.
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 high-profile but temporary unavailability of semiconductors and other industrial components is getting a lot more coverage these days than the chronic shortage of an even more vital resource: water.
Walmart is expanding its efforts to offer aerial deliveries to homes, joining with startup DroneUp to begin dropping off items ranging from cans of tuna to children’s thermometers.
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