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In a perfect world, Just in Time (JIT) would be the appropriate solution for inventory management. But as the saying goes “everyone has a plan until they get punched in the mouth.” One enormous punch in the mouth for the global supply chain was Suez Canal Blockage that held up $9.6B in trade costing an estimated $6.7M per minute. The post Redefine Exceptions and Fine Tune Planning to Address Uncertainty appeared first on Smart Software.
Peet’s Coffee was going through a digital transformation when Covid-19 hit. Despite the significant amount of effort involved in going from running a business on Excel spreadsheets to implementing an enterprise resource planning (ERP), they are very grateful that their efforts to improve their supply chain agility were underway when the pandemic hit.
Kuebix, a leading transportation management system (TMS) provider and connected supply chain innovator, is recognized as a Challenger for the second consecutive year in the 2021 Magic Quadrant for Transportation Management Systems. Kuebix is recognized in the research for its Completeness of Vision and Ability to Execute. Kuebix is a Trimble (NASDAQ: TRMB) Company. “We […].
What do the port of Long Beach, California and the Suez Canal have in common? Water is one obvious answer to that question, but a supply chain professional might say, “recent headline-grabbing sources of supply variability that have disrupted global supply networks.” If it’s not COVID, it’s something else. Supply chain professionals are wrestling with many questions as we emerge from the pandemic.
Explore how a global manufacturing organization steadily advanced its supply chain maturity – starting with basic transportation management and evolving towards a fully integrated, optimization-driven planning approach. Get an inside look at a multi-year 4PL collaboration journey, culminating in the implementation of 4flow TORO to unlock the full potential of early optimization in material and transportation planning.
Spectrum Health’s cloud-based SCM platform adds performance and resilience to its clinically aligned supply chain… The post Spectrum Health Strengthens Supply Chain Management Operations with Tecsys Software appeared first on Tecsys.
This article is my commentary on an article published in Foresight , written by the authors of the book Humachine: Humankind, Machines, and the Future of Enterprise (Sanders & Wood, 2020). For the original Foresight article and other commentary, you can go here. INTRODUCTION: A NEW ERA. The authors of The Humachine make a valid point that enterprises should not focus on artificial intelligence (AI) alone if they wish to leap forward in automation, productivity, and competitiveness while stay
This article is my commentary on an article published in Foresight , written by the authors of the book Humachine: Humankind, Machines, and the Future of Enterprise (Sanders & Wood, 2020). For the original Foresight article and other commentary, you can go here. INTRODUCTION: A NEW ERA. The authors of The Humachine make a valid point that enterprises should not focus on artificial intelligence (AI) alone if they wish to leap forward in automation, productivity, and competitiveness while stay
Third-party Logistics (3PL) companies are often accused of providing such poor service that their relationships with clients break down. In reality, though, there’s a host of reasons why 3PL relationships turn sour—and very often the blame can be laid at the door of the client. Let’s take a look at three typical client issues that can easily send a 3PL relationship off the rails.
QSR chains are using automation technology and robust reporting tools to bolster their logistics management. With the latest AI analytics tools, QSR chains can marginally boost their profitability by streamlining logistics experiences, especially for supply chain functions.
In your supply chain, ordering more raw materials and components is a key step in the production process. Procurement and purchasing are often used interchangeably to describe the role of procurement. And while there are some overlapping responsibilities, there are also clear distinctions and it is important to understand the differences. What is procurement?
We’ve all read the letters, seen the news, and watched as raw materials of all kinds go on allocation or worse, become scarce for the foreseen future. One such raw material is resin, the fundamental component of plastic. We’re seeing prices of resin rise as demand remains steady, and supplies decrease. Helping us understand why, Berry Global, a worldwide manufacturing leader of plastic-based products, chimes in with a simple, and effective summary.
“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.
What is your vision for a post-COVID future for your company? Our country and the world are going to come out of this pandemic, ideally sooner rather than later. What then? Companies are naturally going to be focused on growth, not only to make up for lost time, productivity and revenue, but to chart the course for future success. Hiring more staff, especially if you’ve had COVID-related layoffs, may well be part of your growth strategy.
As noted in our 5 Key Benefits of S&OP for your Supply Chain article, improved business alignment is an important benefit of a corporate wide S&OP effort. Improved business alignment strengthens a corporation’s competitive position, eliminates functional silos, and enables optimized decision-making among all team members. . Corporate Strategy from the Top Down .
Craig Fuller from FreightWaves welcomes Krenar Komoni, CEO and Founder at Tive for a discussion about the challenges (and solutions) ahead in 2021. Highlight: the Tive Open Visibility Network (OVN) and how collaboration among the leading in-transit visibility providers - starting with FourKites and project44 - will help shape global supply chains in 2021 and beyond.
The first quarter of 2020 ended with great uncertainty as businesses, schools, travel, and trade were all closed or curtailed due to the spread of Covid-19. The first quarter of 2021 ended with a mega cargo ship getting stuck in the Suez Canal and then getting unstuck six days later. I call that progress. Of. Read more Top Talking Logistics Posts & Episodes – Plus Indago Highlights (Q1 2021).
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.
Faster, Better Freight Quotes with Dawn Salvucci-Favier. Dawn Salvucci-Favier and Joe Lynch discuss creating faster, better freight quotes. Dawn’s company, Greenscreens.ai develops dynamic pricing which enables transportation and logistics companies to deliver faster, better freight quotes. About Dawn Salvucci-Favier. Dawn Salvucci-Favier is Chief Product Officer & Co-CEO at Greenscreens.ai.
Steven Tompkins, director of sector development for agriculture and rail with Inmarsat, discusses the role of satellite communications in ensuring that shipments of the COVID-19 vaccine remain at designated temperatures for safe transport and delivery.
We are thrilled to announce our new TrackVia Partner Program, dedicated to helping channel partners leverage the world’s leading no-code application development platform for improving business processes and workflows. . There are several ways to partner with TrackVia, including: Include us in your Managed Services portfolio. Enrich your business process consultancy.
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.
U.S. retailers could shutter tens of thousands of stores even after the pandemic subsides, as shoppers continue to turn toward e-commerce, according to a new report.
The National Labor Relations Board has accused Amazon of illegally firing two tech workers last year who spoke out publicly about its treatment of fulfillment workers and its sustainability policies, and upheld a complaint by a worker who led a Queens, NY walkout in 2020, the New York Times reported. Meantime a final vote tally is still pending from a unionization effort at an Amazon fulfillment center in Bessemer, AL, which has become a political flashpoint for the future of organized labor.
U.S. manufacturing expanded in March at the fastest pace since 1983, catapulted by the firmest orders and production readings in 17 years. The data add to evidence of an economy poised to accelerate.
As a follow up to our End of Support announcement last month, we’d like to share some additional details that will help you in preparing for the End of Support. Deleting Accounts.
Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón
Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how a composable approach helps modernize commerce stacks while maintaining control over critical systems.
Rhett Lindsey, founder and chief executive officer of Siimee, discusses the roots of hiring bias, and details the change in mindset that companies need to undergo in order to eliminate it.
As we all know, 2020 is a year like no other, so we asked some of our employees to describe 2020 in one word and share their hopes for 2021. Leave a Reply [contact-form-7].
Many of you would be familiar with the advantages of route planning in the logistics industry. Route planning helps in smooth, safe and on-time delivery of consignment leading to reduction in transportation cost and delivery time and also optimizing the number of vehicles used for the delivery. What is dynamic route optimization? If you think route optimizing will find you the shortest route then you are wrong, because route mapping is the process to search for the most effective route to ensure
The Middle East, especially the GCC region seems highly lucrative in terms of business expansion, growth for a wide range of industry verticals, especially for the eCommerce giants. The eCommerce landscape across the globe has witnessed a paradigm shift in the last decade, and this can be attributed to technological advancements, and shifting customer behaviors.
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.
According to Statista, the online food delivery segment revenue is expected to reach US$151,526m in 2021. The same report shows that the market’s largest segment is Platform-to-Consumer Delivery with a projected market volume of US$79,608m in 2021. Apart from this, the restaurant-to-consumer delivery segment is also growing at an unprecedented rate.
The Mathematics of How Connections Become Global. When you hit “send” on a text message, it is easy to imagine that the note will travel directly from your phone to your friend’s. In fact, it typically goes on a long journey through a cellular network or the Internet, both of which rely on centralized infrastructure that can be damaged by natural disasters or shut down by repressive governments.
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