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When procuring freight, companies invariably focus on rates and capacity. This is especially true when freight demand exceeds available capacity, which was the case most of 2021 and early 2022. But market conditions are different today. Is this affecting the way shippers are approaching freight procurement? What factors are most important for companies when selecting.
ARC Advisory Group began conducting formalized research on the global warehouse automation market in 2014. Looking back, I estimated the market in 2013 at $6.4 billion globally, and I forecast it to grow to $9.9 billion in 2019. Well, how often do you hear industry analysts say they underestimated a market’s growth rate? Well, I am saying it. I underestimated the growth by $2 billion.
There have been a lot of labels attached to the day-and-age in which we live, including the Computer Age, the Digital Age, and the Information Age. Although these monikers conjure up slightly different connotations, they all rest on the fact that data is being created at an unprecedented historical rate. Keeping up with and making sense of all this data is far beyond the capabilities of traditional analytic methods.
Jonathan Kish and Joe Lynch discuss a modern approach to EDI. Jonathan is the Vice President Of Business Development at Orderful , a complete cloud EDI platform for manufacturers, distributors, retailers, and technology companies. About Jonathan Kish. Jonathan Kish is the Vice President of Business Development at Orderful, a San Francisco based technology company that is reimagining EDI integrations and helping their customers build better supply chain business networks.
The supply chain of the future has clear visibility and is collaborative. Organizations will need to understand the state of the supply chain in real time, while aligning cross-functionally to reduce ad-hoc firefighting.
By Trevor Hutchings (pictured). Director of Strategy, Communications and Public Sector, Gemserv. The post What does the New Prime Minister mean for sustainability? Tackling the environmental crisis appeared first on IT Supply Chain.
By Trevor Hutchings (pictured). Director of Strategy, Communications and Public Sector, Gemserv. The post What does the New Prime Minister mean for sustainability? Tackling the environmental crisis appeared first on IT Supply Chain.
Your supply chain management model must be adapted to the profile of your production flows. Learn more about the four most common typologies — and how to pace them to market demand. Source.
Today’s DIVE In blog is all about how engagement from the majority can contribute to a more diversified workplace. Karen Brown, Director of Engineering, and Meinir Childs, Director of Supply Chain, with Sainsbury’s are both successful female leaders in the tech and supply chain field. They value the importance of inclusion and diversity and kindly shared their insights with us, including why it is important to have allies and the support of everyone to achieve diversity.
“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.
Did you know: 90% of manufacturing leaders see a positive relationship between their performance and the sustainability transformation of their organization? 84% of consumers claim sustainability is a key consideration when making a purchase decision? 62% of global Co2 emissions come from manufacturing sectors? 54% of global energy consumption is from the manufacturing and production sector?
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
What sets industry leaders apart from other businesses? For many of these successful companies, a Vendor Managed Inventory (VMI) system is the secret to their enviable growth. In today’s fast-paced, demand-driven economy, businesses can’t afford to be inefficient. If you want to drive sustainable growth for your business, you have to achieve the right balance of cost reduction and fulfillment flexibility.
Remote monitoring and control of machines are growing, and according to Research and Markets, it should reach $31.7 Billion by 2026, up from $23 Billion in 2020. Companies are adopting remote connectivity for many reasons, including technology that makes it more accessible and less expensive and the need to use it to compete and support a changing workforce.
Supply Chain Matters highlights this week’s report of quarterly financial performance by global parcel transportation and logistics services provider United Parcel Service (UPS) along with implications to industry supply chain teams. After parcel carrier and logistics services provider FedEx stunned the investment community with a sudden across the board quarterly financial performance miss , all eyes were on this week’s quarterly report by rival UPS.
Over the last decade, there has been explosive growth in the range of digital working capital management solutions that are available. This has radically expanded the selection of options businesses have to manage and make better use of their capital. The flexibility these solutions offer has empowered businesses, making it easier for them to build more resilient supply chains while retaining agility.
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.
New report reveals retention issue in supply chain – with significant implications for organizations. LONDON, 26th October 2022 : More than half (56%) of senior supply chain professionals say that employee retention in their function has decreased over the past three years – and 57% admit this is a problem, according to a report released today by high-impact digital training provider, Skill Dynamics.
The Growing Importance of Warehouses in Today’s Economy. As of 2020, there were approximately 151,000 warehouses across the world. With the booming e-commerce industry and the increase in cross-border trade, the number of warehouses worldwide is projected to reach 180,000 by 2025. Warehouses are increasing in size as well. Overall, the average size of the 100 largest leased warehouses edged close to seven digits and stood at 931,860 square feet , up from 800,149 square feet in 2021.
New report reveals the challenges of employee turnover – and how training can bridge the gap and drive corporate outcomes. LONDON, 26th October 2022: More than half (53%) of senior procurement professionals say that retention in their function has decreased in the last three years – and 47% admit this is a problem, according to a report released today by high-impact digital training provider, Skill Dynamics.
Italy’s Guardia di Finanza is alleging that Pfizer’s unit, Pfizer Italia Srl, transferred excess capital to affiliates in the U.S. and the Netherlands to avoid taxes on profits.
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.
Here’s a first look at a new in-store micro-fulfillment system we designed for a global home goods retailer. It’s the company’s first in-store automation/micro-fulfillment operation in North America. The client wanted to find a way to utilize its store space to improve its customers’ shopping experience through enhanced processing of “Click and Collect” and “Click and Deliver” offerings.
Canada and the U.S. are monitoring the conditions and considering boosting the flow of water from Lake Ontario to make conditions safer for commercial ships.
In international sale contracts, the International Chamber of Commerce ("ICC") has produced a set of commercial/trade regulations known as the Incoterms. The Incoterms are optional; the parties to a contract must expressly integrate them in order for them to have legal force. And that's one of the tasks that DocShipper carries out; using our specialist … The post The main Incoterms in the international trade field appeared first on ?
These two giants of the world economy may well be on very different economic paths. In short, the U.S. has secure access to cheap energy and Europe does not.
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.
In October 2022, Proxima hosted a briefing with Richard Cockburn, Director at energy specialists Flow&Ebb , in partnership with Odgers Berndtson, to discuss the current energy crisis in the UK and how it is impacting procurement. Richard has 30 years of experience as a consultant across energy and commodities trading. He has advised many large buyers of energy on their energy supply and usage to develop their sustainability and procurement strategies.
Here’s a first look at a new in-store micro-fulfillment system we designed for a global home goods retailer. It’s the company’s first in-store automation/micro-fulfillment operation in North America. The client wanted to find a way to utilize its store space to improve its customers’ shopping experience through enhanced processing of “Click and Collect” and “Click and Deliver” offerings.
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