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Since early 2020, global trade has been buffeted by waves of increased customer demand, supply chain challenges, and constant uncertainty and volatility. This article provides an overview, based on a survey of over 1,200 small businesses, of how small and midsize businesses have weathered the storm, and how a changing – and potentially recessionary – market is impacting their outlook.
ZF Began their Digital Resilience Transformation 20 Years Ago! I interviewed John Sobeck, Vice President Material Management Services and Supply Chain 4.0 at the ZF Group, about their digital supply chain transformation journey. It turns out ZF has been on this journey for over 20 years! They began this journey before the term “digital transformation” was even being used.
Author’s Note: I was asked by Transporeon (a Talking Logistics sponsor) to look at what is happening in the European transportation market and they provided me with access to their Transporeon Insights market data for additional insights and perspective. I once again shared my commentary for this month in a brief Transporeon Journal video commentary.
Evan Smith and Joe Lynch discuss the Altana Story. Evan is the CEO and Co-founder of Altana , a technology company that transforms the world’s public and non-public data into an intelligent, shared model of the global supply chain. About Evan Smith. Evan Smith is CEO and co-founder of Altana. He founded Altana in 2018, along with co-founders CTO Peter Swartz and COO Raphael Tehranian, after identifying a need for access to a trusted source of real time supply chain information.
Investments come in waves. In my lifetime, I watched business leaders invest in Y2k, eBusiness, Big Data, Social Commerce, and Digital Supply Chains. The net result? Year-over-year, millions of dollars in programmatic spending with questionable value. Now the chase is on for Web 3.0. Mainly under the guidance of consultants, supply chain leaders try these new concepts in hype cycles.
Digital Twin: Reimagining the Supply Chain of Tomorrow. The great supply chain disruption is here, and these unprecedented times requires a newly imagined approach to digitalization. In this session you will learn how digital twin, advanced analytics, and artificial intelligence are key to unlocking real-time insights for better decision making, and how your organization can unlock these benefits with agility.
Digital Twin: Reimagining the Supply Chain of Tomorrow. The great supply chain disruption is here, and these unprecedented times requires a newly imagined approach to digitalization. In this session you will learn how digital twin, advanced analytics, and artificial intelligence are key to unlocking real-time insights for better decision making, and how your organization can unlock these benefits with agility.
In light of today’s era of inflation and a possible recession just on the horizon, now is the ideal time to seek out ways to optimize your business’s processes as a way to cut down on costs. .
Digital Twin: Reimaging the Supply Chain of Tomorrow. The great supply chain disruption is here, and these unprecedented times requires a newly imagined approach to digitalization. In this session you will learn how digital twin, advanced analytics, and artificial intelligence are key to unlocking real-time insights for better decision making, and how your organization can unlock these benefits with agility.
An update on the partnership between Overhaul and Microsoft, discussing the ever-increasing importance of tight security throughout every stage of the supply chain.
By Paula Biste (pictured). Business Consultant at Centric Software. The post Supply chain futures: how to harness data to revolutionise retail inventory management appeared first on IT Supply Chain.
Strengthen your operations with the Supply Chain Resilience Checklist. This practical, easy-to-use tool helps your organization prepare for disruptions and ensure long-term continuity in an unpredictable world. Why Download: Identify and assess critical supply chain risks Ask the right questions to evaluate vendor preparedness Implement effective strategies to reduce vulnerabilities Improve communication, transparency, and coordination across your network What You’ll Learn: How to evaluate and m
What is an Early Payment Discount. An early payment discount (EPD), also often referred to as a prompt payment discount or a cash discount, is an agreement between the seller and the buyer that allows the buyer to pay less than the invoice amount due under the condition that they pay sooner. Negotiations over EPD can be initiated by any of the two parties, both of which can benefit from it.
By Jean-Baptiste Clouard (pictured). CEO at Flowlity. The post The roadmap to a sustainable supply chain – a practical guide for businesses appeared first on IT Supply Chain.
Supply Chain Matters highlights both Airbus and Boeing ’s latest quarterly financial and operational performance and added signs of a widening competitive gap. . It has been a few weeks since Supply Chain Matters has provided a commentary on commercial aircraft product demand and supply networks. With the duopoly of Airbus and Boeing reporting their latest Q3-2022 quarterly financial performance, a pattern continues to come to the forefront.
The race to dominate AI is no longer about who has the smartest algorithms — it's about who can build and scale faster. Behind every AI breakthrough lies a battle for resources: data centers, compute hardware, power, and telecom infrastructure. And right now, even tech giants are hitting a wall. Our latest white paper reveals the six critical supply chain elements that are increasingly separating AI leaders from the rest.
By Andrew Bithell (pictured). Senior Account Manager, CTS. The post Reimagining Retail with Low Cost and Low Risk Innovation appeared first on IT Supply Chain.
This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia
What is demand planning? Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. A demand planning team will forecast demand for their stock items so that supply chain and inventory managers can decide what, how much and when they need to order. They will aim to have enough stock to avoid stockouts, but not so much that they end up with obsolete stock or high inventory values.
By Ann Sung Ruckstuhl (pictured). CMO & SVP at Manhattan Associates. The post Supply chain commerce & the green imperative appeared first on IT Supply Chain.
What is demand planning? Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. A demand planning team will forecast demand for their stock items so that supply chain and inventory managers can decide what, how much and when they need to order. They will aim to have enough stock to avoid stockouts, but not so much that they end up with obsolete stock or high inventory values.
PALO ALTO, CA, October 31, 2022 /PRNewswire/ — ThroughPut Inc., the Industrial AI Supply Chain pioneer, announces it has been selected by AFWERX for a SBIR/STTR Phase II in the amount of $749,971.00 focused on end-to-end supply chain optimization to investigate its potential to fill capability gaps in the Department of the Air Force (DAF). The Air Force Research Laboratory and AFWERX have partnered to streamline the Small Business Innovation Research (SBIR) and Small Business Technology Transf
Tail spend — often unmanaged, fragmented and costly — can account for as much as 80% of total transaction volume. Without the right strategy, enterprises face hidden risks and unnecessary spend. It’s time to shift from fragmented, ad hoc purchasing to a strategic, technology-driven approach. Download this GEP-sponsored Everest Group research for insights on how your competitors are upping their tail spend management game.
Laura Baucus, director of the automotive industry group of the Dykema law firm, advises how companies can protect their contracts with suppliers, and how they should respond when supply issues arise.
“API Products” are mentioned relatively often, and there are different ways to look at the topic. None of them is inherently “right” or “wrong”, and we’ll discuss the two most important flavors of API products in this blog post.
What is Remote-Insourcing? Sounds like an oxymoron, right? Not anymore. Remote-Insourcing isn’t outsourcing—it’s a revolutionary staffing model that lets our clients fill key entry-level positions with top-tier, loyal, long-term talent, integrated seamlessly into their businesses—just like local employees but without the turnover or W2 HR hassles. With under 4% unwanted attrition, you train once and keep the same team for years.
Costas Xyloyiannis, CEO of HICX and supplier experience expert. CPOs can empower their organisations to compete by rethinking digital transformation. One thing the pandemic really highlighted in procurement is its ability to add value in new areas. Through blood, sweat and tears, the function proved its aptitude. It met unexpected demands. It delivered well beyond cost savings.
The U.S. Inflation Reduction Act, which provides subsidies to support green technologies in the U.S., is seen as discriminatory by the EU, South Korea and other trading partners.
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