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Supply chain managers' roles have never been more critical or more challenging. In an era where global logistics intertwine with technology, economic shifts, and now, the significant “Great Resignation” labor movement, the demands on supply chain managers intensified. The post How Supply Chain Managers Solve Challenges & Drive Efficiency appeared first on MercuryGate International.
Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. More Resources Home September 26, 2023 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.
ToolsGroup’s latest acquisition delivers quantum learning and advanced prescriptive analytics to strengthen its pricing, promotion, and inventory optimization solutions BOSTON and LONDON – September 27, 2023 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, announced today the acquisition of Evo , a provider of artificial intelligence (AI) and machine learning (ML) solutions for business performance optimization.
I have often quoted Bain analysts, Michael C. Mankins and Lori Sherer , who stated, “The best way to understand any company’s operations is to view them as a series of decisions.”[1] They added, “We know from extensive research that decisions matter — a lot. Companies that make better decisions, make them faster and execute them more effectively than rivals nearly always turn in better financial performance.
Now that Evo is a ToolsGroup company, the big question is: “What innovation will Evo bring to the ToolsGroup offering?” While the real answer is “Plenty!”, the immediate transformation will come from the EvoAI engine, which will soon be integrated across the entire JustEnough and SO99+ product suites. What is EvoAI? EvoAI is the dynamic demand discovery technology that powers all Evo products.
By Phung Viet Ha (pictured) Managing Director of Low Code Group, FPT Software The post Insurance sector eyes easy-to-use technology to digitally transform business appeared first on IT Supply Chain.
By Phung Viet Ha (pictured) Managing Director of Low Code Group, FPT Software The post Insurance sector eyes easy-to-use technology to digitally transform business appeared first on IT Supply Chain.
Why do many products fail? There are several factors that contribute to companies not reaching their commercialization targets. Some include: Lack of understanding of the end-user goals and challenges Inability to mitigate risks or unforeseen disruptions Poor product quality or design Lack of product differentiation To illustrate, the Segway Electric Scooter’s introduction was met with a fast demise in 2001 due to its inability to solve consumers’ real-world problems 1.
The practice of “cascading” KPIs is used to align strategic objectives with business unit targets and performance measurements to drive positive results. This involves linking high-level objectives with departmental objectives and KPIs to create a clear line of sight from the top down. In this 3-minute post, we examine some key business objectives and cascading KPIs that can be used to analyze performance to the objectives.
By Ismail Khalid (pictured) Content Writer The post BDD vs TDD: Optimize Your Testing Process with the Right Approach appeared first on IT Supply Chain.
“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.
In a previous Blue Yonder blog post , we defined some of the advanced technologies that are impacting the logistics industry today and provided an overview of how they’re improving companies’ cost and service outcomes. But the benefits of artificial intelligence (AI), machine learning (ML), automation, and optimization engines go beyond service and cost enhancements.
According to a recent IndustryWeek article, middle-market manufacturing companies face many of the same issues their larger peers do, such as growing inflation, supply chain issues, talent attraction and retention, high asset replacement costs, and difficulty hiring and retaining top talent. Yet they lack the deep pockets of global companies. In the U.S., 200K middle-market companies represent one-third of the private sector’s GDP and employ approximately 48M workers, write Mike Williams and Er
Supply chain management professionals know the essentiality of Enterprise Resource Planning (ERP): these software systems automate everything from procurement, inventory, and financials, as well as assist with customer relations and human relations. Of those programs, JD Edwards (JDE) is the most well-respected, being used in thousands of organizations worldwide thanks to its ease of use and comprehensive functionality.
By Don Valentine (pictured) Commercial Director, Absoft The post Elevating SAP Support: What makes a superb SAP Support Service? appeared first on IT Supply Chain.
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
Companies operate on a balance between expenses and revenue. When revenue outpaces the cost of doing business, profitability is attained. When revenue is unable to keep up with expenses, the business will start to lose money. How an organization uses its available resources is one of the main priorities for leadership to determine. If you are running a business or fulfilling an executive position, part of this responsibility rests on your shoulders.
Supply Chain Matters highlights an ongoing incident involving aircraft engine manufacturers and their allegation that a parts supplier falsified documentation. Background Across aerospace and commercial aircraft supply networks, industry regulatory practices require that many major component parts require documentation. That especially applies to aircraft engines.
Supply Chain Matters highlights reports of distribution challenges of updated Covid-19 booster vaccines amid a surge in vaccination needs across the country. Across the U.S. , the fall season is quickly approaching and with that health officials and medical agencies expect a likely surge of new strains of Covid-19 infections as people return to more indoor activities over the next several months.
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.
You may remember that famous line from Field of Dreams: “If you build it, he will come.” While this sentiment works in the movies, it doesn’t realistically work for APIs.
With dedicated trucking services , your company can hire a 3PL provider to manage your transportation operations. The 3PL will dedicate equipment and staff solely to your business and will operate as though it is your company’s own transportation arm. The 3PL makes all investments in equipment, staffing, systems, and maintenance and charges you accordingly.
Fails are fairly common when it comes to warehouse automation solutions. According to an Ernst & Young study, 30% to 50% of robotic process automation projects fail globally.
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.
Why do 70% of consumers abandon their carts before completing their purchases and what can you do to prevent it? Let’s talk! Have more questions on shopping cart abandonment? Contact us The post Shopping Cart Abandonment | Let’s Talk appeared first on SalesWarp.
The lawsuit pits Amazon against Khan, who published a paper while a Yale law student, arguing that antitrust laws had failed to stop Amazon from amassing power over its customers.
Traditional strategies focused on growing profits and market share are no longer sufficient. That's especially true in today’s hyper-competitive business environment. The modern business landscape calls for a more strategic approach. Specifically, your strategy must revolve around a customer-centric model. This model emphasizes customer needs, satisfaction, and lifetime value above all else.
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.
Vaccines aren’t yet available in South Africa, but government talks to finalize access are at an advanced stage and registration of the medicines will be fast-tracked.
Last month, DiManEx had an insightful interview with AMGTA. Dive into the valuable perspectives shared by Pieter Ruijssenaars, CEO of DiManEx, as he discusses sustainability and the transformative power of additive manufacturing. Want to read the full interview? CLICK HERE The post Exclusive Interview with AMGTA! ?️ appeared first on DiManEx.
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