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Nowadays, few people question the value of data. Yossi Sheffi ( @YossiSheffi ), Director of the MIT Center for Transportation & Logistics, goes so far as to assert data is an organization’s most valuable asset. He writes, “The well-worn adage that a company’s most valuable asset is its people needs an update. Today, it’s not people but data that tops the asset value list for companies.”[1] If data is indeed a company’s most valuable asset, then business leaders need to understand what
Tis the season to be jolly – unless you are overwhelmed with the many tasks traditionally associated with the annual freight Request for Proposal ( RFP ) season. For decades, shippers have sought proposals and awarded contract lanes to carriers. Shippers and carriers have described the process as time-consuming, and the results are often obsolete three months into a year-long contract due to market dynamics.
Employee negligence and error are among the most significant cybersecurity liabilities for companies in the supply chain sector. Here are some pointers on how companies can empower employees to defend supply chains.
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. In this recent post from Descartes’ blog, Chris Jones analyzes September 2022 data related to U.S. ocean ports and import volumes.
59% of UK businesses say suppliers have ended relationships with them due to repeated late payments, while 67% fear late payments could trigger a global cashflow crisis. London, UK, 20th October, 2022. Research from Ivalua, a leading global spend management cloud provider, has revealed that more than a third of UK businesses (36%) have extended payment terms for suppliers in the last 12 months, due to the impact of COVID-19 (62%), Brexit (39%), and rising energy costs (38%).
Supply chains can use automation driven by artificial intelligence to bolster efficiencies, become more resilient and meet sales targets for the holiday season.
Supply chains can use automation driven by artificial intelligence to bolster efficiencies, become more resilient and meet sales targets for the holiday season.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Boost Employee Engagement in Supply Chain! The workplace is full of distractions. Everything from social media to gossip and internet browsing can lead to distractions. Data shows that smartphones are the top cause of distraction among employees. With so many distractions in the office, it’s easy for employees to lose focus on their work and become less efficient than they could be.
By Brian Glick (pictured). Founder & CEO, Chain.io. The post The Life Raft When Containers Go Overboard? Visibility Data appeared first on IT Supply Chain.
The Sales & Operations Execution (S&OE) cycle is a much-needed addition to your S&OP/IBP process. I used to implement it as ‘The Control Cycle’. Gartner came up with S&OE and Oliver Wight now calls it ITP (Integrated Tactical Planning). Whatever you call it, you better have it as a business if you want to react to short term disruptions.
By Andrew Tavener (pictured). Head of Fleet Marketing EMEA, Descartes. The post Peak Season Delivery is More Complex than Ever: Here’s How to Address the Critical Challenges 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.
How are global business leaders looking to warranty business continuity, growth and profitability by embedding effective and enduring sustainable practices in supply chain design, operations and performance management? That is what the State of Supply Chain Sustainability report has looked at for the last three years. As a report sponsor, we were honored to participate in an in-person event hosted by the MIT Center for Transportation and Logistics and CSCMP, the report authors.
By James Hyde (pictured). Chief Product Officer & Founder, James & James Fulfilment. The post Asos profits / write off more than £100m of stock appeared first on IT Supply Chain.
There aren’t many things I love more than a good manufacturing trade show. There’s simply no better place to discover cutting-edge manufacturing technology, learn about new solutions firsthand and swap ideas with other professionals working at the forefront of innovation. Unfortunately, these events came to a screeching halt during the pandemic and I honestly wasn’t sure they’d make a comeback.
Congress enacted the Drug Supply Chain Security Act (DSCSA) in late November 2013, with the aim of providing additional oversight of the drug chain of custody throughout distribution.
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
With economic conditions tightening product companies worldwide are focusing afresh on efficiencies and cost savings in their supply chains. For our latest Supply Chain Roundtable we asked four leading experts for advice on crafting a recession-ready supply chain strategy. Meet our expert panel: Fatima Salhab: Portfolio CFO & eCommerce sector leader-from flinder – a smart finance functions and data analytics solution.
Discover the essential data points every growing brand should have on-hand to be a successful and proactive retail supplier — without spending your whole day in spreadsheets. Brands in the retail space know that the supplier-retailer relationship is critical to their success. But how exactly do you become your buyer’s favorite supplier? In short, it takes data.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Ways to Secure Your Bitcoin Wallet ! The cryptocurrency market is tough to be understood for anyone who has just entered it. To get precise information about cryptocurrencies, you must spend some time with them. So, you need to ensure that you pick up the right coin, but it is impossible when you are in a world of many fake coin offerings.
Clients can optimize transportation spend while managing logistics constraints, leveraging carrier network and insights AUSTIN, Texas – Oct. 20, 2022 – E2open Parent Holdings, Inc. (NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, announces that it has expanded its partnership with Uber Freight to provide a real-time rating solution within e2open’s Transportation Management System (TMS) application.
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.
Government and private industry alike have set ambitious targets for the production of electric vehicles. But will their efforts be short-circuited by a broken battery supply chain?
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Can Decentralized Finance Revolutionize the Financial Segment? How does Bitcoin shape the future of Finance? Being a futuristic person will come with a lot of responsibilities, and for that, you have to understand a lot of technological advancements. However, with proper knowledge about the things yet to come in the future, perhaps you will be able to handle them better.
At the annual SCLA (Supply Chain Leaders in Action) meeting in Sanibel, Florida, Intelligent Audit CEO Hannah Testani sat down with Helen Atkinson, Senior Editor of logistics industry publication Supply Chain Brain to discuss the state of the supply chain, sustainability, and the future of supply chain innovations. On the State of the Supply Chain. Asked about recent changes in the supply chain, Testani, who first joined Intelligent Audit as Chief Operational Officer before taking on the role of
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Product Packaging Mistakes That Could Cost You Customers! A folding box is a form of paper-based packaging that can be folded and closed to keep your products safe. Folding boxes are useful for protection and marketing, as they protect your products, communicate their message and purpose, and attract potential customers.
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.
Gamification refers to the application of game-design elements with rewards such as points, badges, leader boards and storylines to educational concepts for improved user engagement. It is certain that gamification has redefined expectations in the eLearning sphere. The technology’s impact on education has resulted into this form of learning for more interactivity and engagement and is a new way of learning that is poised to have a great impact on the way we teach.
AI-driven Geospatial Capabilities to Enable Businesses to Avoid Choked and Unprofitable Distribution Routes and Optimize On-Time, In-Full (OTIF) Deliveries. PALO ALTO, CA, October 20, 2022 /PRNewswire/ — ThroughPut Inc. , the Industrial AI Supply Chain pioneer, today announced the addition of powerful geospatial capabilities to its Logistics and Distribution Module.
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.
Analytics are being used more and more in parcel shipping because the challenges brought on by the pandemic have not abated, says Jeff Lomax, senior director of product marketing at e2open.
This study presents new data on the impact of location on customer experience and found that investing in location is essential for businesses that want to improve customer experiences and remain successful in competitive industries.
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