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The Superconductivity Prelude Late in July 2023, South Korean researchers made headlines with a potential discovery – now mostly debunked – of a material that enabled superconductivity at room temperature. This teased a future that could make energy cheaper, levitate trains and solve algebra problems. I dove in too. X, the platform formally known as Twitter, became instantly charged.
In a 2019 LinkedIn article, Dr. Yossi Sheffi from MIT wrote, “No self-respecting company is without a sustainability strategy, and at the center of these strategies lies the supply chain.” We’re now approaching 2024 and the focus on sustainability continues to grow, driven by many factors, including new regulations and legislation. What are the key.
Bart De Muynck and Joe Lynch discuss the connective tissue of the supply chain, which is a reference to project44. As the supply chain connective tissue, project44 operates the most trusted end-to-end visibility platform, tracking over 1 billion shipments annually for the world’s leading brands. Bart is Chief Industry Officer at project44 where he drives supply chain industry thought leadership and supports customers with their logistics and supply chain strategies.
Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers. Efficiently managing these processes is vital for companies to meet customer demands, minimize costs, and maintain a competitive edge.
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.
The global trade compliance market is one crazy market. The market grew by double digits year over year, yet there is no standard user and consequently there is no common understanding of what the end-to-end global trade compliance process should be. Linda McKee, the director for global trade services management at SAP, expressed the idea this way, “I don’t think we currently have any real standard global trade scenarios.
When it comes to implementing supply chain planning and operations solutions, success relies heavily upon an organization’s ability to identify and document its desired value measures and outcomes, and to align those with its solutions provider. Here are five critical practices that supply chain and business leaders should incorporate in the process of developing project goals – and avoid a painful implementation. 1 Co-develop a business case with vendors.
When it comes to implementing supply chain planning and operations solutions, success relies heavily upon an organization’s ability to identify and document its desired value measures and outcomes, and to align those with its solutions provider. Here are five critical practices that supply chain and business leaders should incorporate in the process of developing project goals – and avoid a painful implementation. 1 Co-develop a business case with vendors.
The ‘last mile’ is the most critical, yet challenging, leg of the supply chain journey. It is the last step before a product reaches the customers; hence, efficiency at this step significantly contributes to customer satisfaction and overall brand reputation. While historically, the last leg used to be shipments to retailers, the rapid growth of e-commerce and customers' ever-increasing expectations has meant the last-mile is now a crucial part of the delivery experience.
Ocean Risk Management part 2: Navigating Global Shipping Alliance The shipping industry continues to evolve. With market swings and changing consumer demands forcing companies to adapt to stay competitive, one approach that has gained popularity in recent years is the use of Global Shipping Alliances (GSAs), which are agreements between multiple carriers to share vessels, routes, and other resources.
Essential Skills for Supply Chain Leaders in Asia during Pandemic The Asian Institute of Management conducted a study across orgainsations in Asia to identify crucial skills and competencies required by supply chain managers and leaders in Asia. While most studies focus on USA and Europe, we recognised the unique challenges faced by Asian supply chains, especially during the pandemic.
Driving Visibility, Intelligence, and Agility through Supply Chain Technology on Cloud Whether we are talking about healthcare, food, or fashion, the supply chains which convert the raw materials to finished goods are getting more and more complex. Regardless of the industry, increasing complexity undeniably increases opacity. The world we currently live in has become increasingly unpredictable, volatile and fast-changing.
CEVA Logistics, a global leader in third-party logistics, was contracted to help a technology company manage their complex supply chain, supporting B2B, B2C, and reverse flows across multi-leg transport.
“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.
Breaking Boundaries: Exploring Generative AI's Impact on Supply Chains Download the latest LogiSYM Supply Chain Magazine In this edition we have several news updates, interesting & enlightening articles and contributions on people & management – topics which are most crucial to the development of the Supply Chain Industry across regions as well as globally.
Leveraging Large Language Models to Turn Complexity into Opportunity This blog was co-written by Sai Buddhavarapu , VP, Product Management, and Angela Troccoli , Senior Product Marketing Director. Operating in today’s disruptive and complex global environment can be challenging for any supply chain. Changes in demand, unexpected supply shortages, employee absences, or extreme weather events have always required immediate action.
More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. According to KPMG , a global network of professional firms providing audit, tax, and advisory services, building a dedicated procurement team helps companies achieve substantial cost savings through effective vendor and category
Join OpenText experts at this webinar with Supply Chain Brain to hear best practices and lessons learned from S/4HANA migration, with a special focus on B2B integration.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
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Although technology is very important, business process management is more critical to running a successful supply chain says Leo Salomons, head of value engineering for the Americas at Mavim.
As Finland grapples with an aging population, labor shortages and high inflation, the country’s supply chains face both obstacles and opportunities. How are these trends influencing warehouse automation and what’s the role of consultants in optimizing warehouse operations? Trends driving warehouse automation Many factors are redefining the future of warehouse operations.
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.
Of the 61 companies that constitute Tesla’s “storage battery” category, thirty-nine percent of them were Chinese, making China the organization's biggest supplier of lithium-ion battery materials.
While many OEMs are scrambling to transform their processes to achieve visibility and resilience, eMoldino, a company that helps businesses digitize their tooling production data, may have a solution to their visibility woes.
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.
Rising energy, labour, and material cost are increasing the cost of production and cutting into profit margins. Manufacturing operations need to implement effective production management tools and processes to reduce the cost of producing goods. This article explains the importance of production management, the key processes, and tools you can implement to minimise the cost of inputs while maximising productivity and quality.
Your customer’s shipment is on its way. But will it arrive undamaged? Or at all? Overhaul’s special report details the exact steps you need to take to ensure the security of your supply chain.
Supply Chain Matters highlights added evidence derived from sampling of Q2 financial and operational reporting of key high tech industry suppliers reinforcing product demand cyclical shifts are still underway. Background In a prior published Supply Chain Matters industry specific commentary, we indicated that a continued market induced cyclical slump in high tech and consumer products demand is impacting this industry’s supply networks.
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