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In early May, I participated in one of the supply chain industry’s premier events, which attracted more than 3,500 logistics professionals. I attend this conference every year, but this time, strolling the exhibition floor and surveying the 110+ technology providers’ latest wares, I was struck by a dichotomy. On the one hand, technology has undeniably helped the supply chain industry solve a multitude of previously intractable problems, making supply chains significantly less fragile in the proc
ToolsGroup customer, illycaffè, will share how probabilistic forecasting supports a customer-centric planning process, helps guarantee product availability, and successfully navigates uncertainty. MILAN and BOSTON – May 23, 2023 – ToolsGroup announced today that we are exhibiting at the Gartner Supply Chain Symposium/Xpo 2023 in Barcelona, Spain, June 5-7.
According to Sheldon H. Jacobson , a Founder Professor of Computer Science at University of Illinois (Urbana-Champaign), “We live in a data-centric world, with artificial intelligence (AI) as the engine that increasingly drives decision-making.”[1] He adds, “Companies and government agencies all seek to make smarter decisions, often working with incomplete data, to gain competitive advantages. … Data-driven decision-making is the catchphrase of government and industry lea
Early adopters of environmental, social and governance (ESG) initiatives should be patting themselves on the back. ESG activity, initially driven by consumer demand and a general desire to do better, has grown into a massive movement that’s captured the attention of customers, investors and governments worldwide. ESG requirements can no longer be ignored, but they shouldn’t be feared, either.
Early adopters of environmental, social and governance (ESG) initiatives should be patting themselves on the back. ESG activity, initially driven by consumer demand and a general desire to do better, has grown into a massive movement that’s captured the attention of customers, investors and governments worldwide. ESG requirements can no longer be ignored, but they shouldn’t be feared, either.
By Richard Pearson (pictured) Content Writer The post How To Bring About More Automation In Customer Support Centres appeared first on IT Supply Chain.
Every organization that runs equipment needs spare parts. All of them must cope with issues that are generic no matter what their business. Some of the problems, however, are industry specific. This post discusses one universal problem that manifested in a nuclear plant and one that is especially acute for any electric utility. The post Electric Utilities’ Problems with Spare Parts appeared first on Smart Software.
German Supply Chain Law Global trade is essential today as it allows countries to specialize in producing goods and services that they are most efficient at while enabling them to access a broader range of products worldwide. This leads to higher efficiency, lower costs, improved digitalization and automation , and more significant innovation. Ultimately, this benefits both producers and consumers as supply chain optimization depends on smooth global relationships and trade.
“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.
Believe it or not, the car you’re driving around likely has parts made with forced labor. If you drive a car from Volkswagen-Audi, Honda, Ford, General Motors, Mercedes-Benz, Toyota, Tesla, Renault, NIO, or Stellantis—the parts in your car have a high risk of being sourced from companies linked to abuses in the Xinjiang Uygur Autonomous Region (XUAR) of China; the region targeted by the Uyghur Forced Labor Prevention Act, (UFLPA).
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
PPG, LyondellBasell, Fluence Energy and Viatris were some of the first companies to disclose their supply chain financing data under the FASB's new rule.
Are you looking to improve your warehouse operation with a new WMS implementation? While it can deliver benefits like increased efficiency and inventory control, it's not a one-size-fits-all solution. To maximize your ROI, it's important to address underlying issues in your supply chain processes before implementing a new WMS.
Today, environmental, social and governance (ESG) initiatives are a mainstay on the corporate agenda. And, as everything is connected in a supply chain, ESG progress at your organization is directly linked to progress for your partners. To effectively gather and analyze ESG data from all parts of your network, you need direct support from two key stakeholders: your tier-one suppliers and your internal team.
Earlier this month, at the 2023 Gartner® Supply Chain Symposium in Orlando, Florida, there were many key supply chain themes that emerged. This blog highlights these themes, as well as how the Gartner Magic Quadrants are evolving. Key Supply Chain Themes There is a path to supply chain reinvention! According to Miguel Cossio of Gartner in his session “The Path to Reinvention to the Supply Chain of the Future,” about half of CEOs and executive teams surveyed believe that supply chain is equally a
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.
I thought you would be interested in the following story from The Wall Street Journal. Companies Unveil Details About Supply-Chain Financing Under New Rule Download the Wall Street Journal app here: WSJ.
Digital transformation remains a top priority for manufacturers in 2023. Yet, despite the movement entailing increased automation and less human intervention (in theory), manufacturing personnel are still essential to transformation. The paradox is that as more advanced manufacturing technologies are introduced, the more critical human employees become.
In 2022, the market size for online vitamin and dietary supplement sales grew to $29 billion. This reflects an average growth rate of 16.8% per year within the industry between 2017 and 2022. With the anticipated growth this year and beyond, you need a fulfillment partner that can help you keep up with volumes ‒ and ensure the most efficient warehousing and shipping solutions.
Gain insights into the latest trends in ocean freight from an international logistics perspective and discover how the industry is evolving in terms of global shipping operations. We welcomed back our popular guest – Trent Morris to give us an International Logistics Updates for 2023! Related articles on this topic have appeared throughout our website, check them out: 10 Freight Management Mistakes and How to Avoid Them Freight Benchmarking: What Is It?
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.
The new 93,646-square-foot facility located in Tuas, Singapore will be able to store healthcare products in temperatures ranging from -176 degrees to 77 degrees Fahrenheit.
The USA is the UK’s no. 1 export partner – accounting for more than a third of goods exports in 2022. In a sea of options for shipping companies UK to USA, finding a reliable and cost-effective partner can seem daunting, especially when it comes to heavy and oversized cargo. Whether you’re a small shipper or a seasoned UK freight forwarder looking for a stateside partner, there are some key factors to consider in your search.
The parcel transportation and courier market has become a critical component of the global economy, estimated to represent an astounding $413 billion worldwide. As e-commerce expands and reliance on flexible home delivery grows, the parcel and courier services industry is more important than ever. The post Revolutionizing Parcel Transportation & Courier Services: MercuryGate TMS Case Studies appeared first on MercuryGate International.
Procurement is in the middle of a tech tsunami. And if it feels like the old playbooks aren’t working anymore, that’s because they aren’t. Agentic AI. Autonomous procurement. Unified source-to-pay ecosystems. These innovations are converging and transforming how procurement teams operate. The GEP 2025 Procurement & Supply Chain Tech Trends Report breaks it all down.
Less than 50% of life science companies currently have access to real-time data while less than a third use this data to make real-time business decisions.
I thought you would be interested in the following story from The Wall Street Journal. Ocean Freight Rates Slump as Apparel, Electronics Demand Weakens Download the Wall Street Journal app here: WSJ.
A case study about how Takt helped CarParts.com achieved visibility into its activities on the warehouse floor, and improve its operations in the process.
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