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“We’re entering ‘the new normal.’”. No doubt, we’ve all heard or read that sentence somewhere. It’s an understandable soundbite that depicts the trying times experienced over the past three years, made up of both political and economic trajectories, as well as unforeseen “black swan” events. But with disruptions continuing to ensue, it appears “normal” is not on the agenda.
Definition of Confirmation Bias. A Story. On Friday night, I had dinner with a LinkedIn contact. (As I travel, I post where I am going, and if someone reaches out for dinner or lunch, I say, “Why not?”) So, I sat across from a stranger on a cold winter night, the only thing that we had in common was our experience in supply chain planning. .
Jim Andrew, Chief Sustainability Officer at PepsiCo. On November 4 th , I interviewed Jim Andrew, the Chief Sustainability Officer at PepsiCo, about their environmental, social, and governance (ESG) program. PepsiCo is a very big company, the second largest food and beverage company in the world. PepsiCo generated $79 billion in net revenue in 2021, with 23 food and beverage brands that generate more than $1 billion each in retail sales.
Thanks to disruptive events over the past two years, supply chains have become central to business success, forcing CEOs and other business executives to spend a much larger portion of their time and strategies focused on this once afterthought of their operations. What has changed? What will the business environment be like moving forward? Why. Read more The New Supply Chain Landscape: Why Moving Up the Supply Chain Spectrum Is Imperative.
Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. Physical space used by stock comes at a cost – inventory ties up cash and working capital which could be better deployed elsewhere. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.
Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. Physical space used by stock comes at a cost – inventory ties up cash and working capital which could be better deployed elsewhere. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.
Between droughts, floods, fires and violent storms, climate change is already impacting ports, highways and factories, and worsening conditions will increase the pressures felt on the 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.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Importance of the International Shipping Industry! As e-commerce has grown in popularity, so has international shipping. Since this new system allows you to buy goods from other countries, you must know all about international shipping, from what to expect when shipping from another country to avoiding fraud.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is the Legal Status of Bitcoin in El Salvador? Cryptocurrency has blown past traditional payment methods and is now gaining widespread adoption of cryptocurrency across all sectors. This Trading Software offers bitcoin trader features like précised trading calls and live customer support; also, you can access the best bitcoin trading bots here.
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
By Nikki Baird (pictured). VP of strategy, Aptos. The post Retail footfall expected to be up 12.8% this Black Friday appeared first on IT Supply Chain.
By Samantha Mansfield (pictured). Head of Strategy Experience & Commerce, Merkle UK. The post BLACK FRIDAY ‘deals’ could cause customer fatigue appeared first on IT Supply Chain.
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.
2022 has proven to be both positive and disruptive for the manufacturing industry. Despite the pandemic, recession fears, supply challenges, a tight labor market, and economic instability, manufacturing companies continue to survive and evolve in the “new normal.”. In 2022, Industry 4.0 helped transform many manufacturing businesses. Industry 4.0 has enabled manufacturers to embrace advanced technologies for more intelligent automation and increased business connectivity.
By Santiago Garcia-Poveda (pictured). VP Retail, o9 Solutions. The post A Black Friday like none before – why traditional supply chain planning has become obsolete appeared first on IT Supply Chain.
Last week, Walmart , the largest retailer in the U.S. reported its financial performance for the October-ending quarter. Investor community reaction was that of a home run. The financial headlines included comparable U.S. same store/outlet sales rising by 8.2 percent, while operating profitability exceeded analyst expectations. A one-time $3 billion charge in connection with a court settlement related to opioid-related lawsuits from the retailer’s pharmacies led to a $1.8 billion overall loss.
By Dennis Perjet (pictured). Head of Strategic Accounts EMEA, Tive. The post Be better prepared for peak season with real-time logistics visibility appeared first on IT Supply Chain.
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.
After testing outside-in supply chain planning concepts via Project Zebra, LKQ Europe realized a 17.3% increase in forecast value add and reduced impact from the bullwhip effect. DALLAS, 21, 2022 – o9 Solutions , a leading enterprise AI software platform provider for transforming planning and decision-making, and analyst firm Supply Chain Insights today announced that LKQ Europe captured significant supply chain planning insights as a result of the company’s participation in a pilot program desi
By Melissa Minkow (pictured). Director, Retail Strategy, CI&T. The post Brands look for ways to appeal beyond price point appeared first on IT Supply Chain.
ThroughPut’s AI-based demand sensing and capacity planning capabilities and project44 to empower companies with disruption-free supply chain operations. PALO ALTO, CA, November 21, 2022 /PRNewswire/ — ThroughPut Inc. , the industrial AI supply chain pioneer, today announced that it has entered into a technology partnership with project44 , the global leader in supply chain visibility, to unlock supply chain profitability amid disruptions and global port congestion.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is the Legal Status of Bitcoin in El Salvador? The figure is promising as you look at South America’s or Latin America’s data with the promotion and expansion of Bitcoin And crypto. The data seems to be thriving faster, and we see that top social metis sites like FB and giant search engines like Google have taken the proper leverage in the market.
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.
With a number of economists predicting the U.S. is heading into recession, the labor market is being watched closely. Despite talk of recession, journalist Ali Donaldson ( @AliCDonaldson ) reports, “The job market is humming along, and consumer spending is holding steady despite the highest prices in 40 years.”[1] Donaldson notes that the strong job numbers don’t mean a recession isn’t coming, just that’s it’s not here yet.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Thesis Ideas for Supply Chain Students! Ever since the Americans with Disabilities Act was passed in 1990, universities and colleges have had a legal obligation to make their campuses accessible for wheelchair users. But that, however, doesn’t mean that all of them do their part.
Online orders skyrocketed during the pandemic, and many third-party logistics providers were not ready, according to Robert Liva, senior channel manager at Pierbridge and Martin Hespeler, vice president of sales at Microlistics, both adjacent technologies at Wisetech Global Group.
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