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If you’re in the trucking industry, controlling cash flow is likely one of your biggest challenges. While maintaining a positive cash flow is always going to be an issue in every business, trucking is especially tricky because all of your costs are paid upfront. Investing in equipment, operating authorities, insurance, driver retention, fuel and maintenance costs requires enough cash flow to manage both your capital budgeting decisions and your day-to-day numbers fluidly.
Rejoice. It is time your organization has decided to purchase order management software and reap its benefits. Unfortunately, numerous order management system software vendors exist, and every vendor claims to have the best and biggest solution. Supply chain leaders need to understand the following points to ensure they purchase the right software on the first try.
In a recent Wall Street Journal article (“The High Cost of Impeding Automation“), Dr. Carl Benedikt Frey from Oxford University writes that “history tells us that policies aimed at restricting or slowing automation come with a steep price tag. It is important to remember that the acceleration in economic growth that followed the Industrial Revolution…was.
Erin Miller, senior solutions director, JXC & Partners, has worked at JDA the majority of her career. She shares some distinct learnings about management and how important it is to be involved in something bigger than yourself, for the greater purpose of your team’s growth and success. She also shares a great nugget on how to keep your career fresh – and it’s not always about jumping to a new role, either.
Product lead time is crucial in the life sciences industry and represents a key consideration for customers’ purchasing decisions. For this reason, BD Biosciences aimed to optimize its global supply and distribution network to reduce delivery lead time to customers and optimize its global inventory. How was BD Biosciences successful in reducing global distribution lead times between 30% and 60% in addition to: Increasing agility to prioritize urgent and ad-hoc customer requests Increasing global
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Supply Chain Detective™: The Case of the Unpaid Invoices! It was early September and I was sitting in my office preparing for a meeting. I was in the Retail Industry which meant that in Supply Chain this was the beginning of the frantic Holiday season. The last thing we needed was a Distribution Centre disaster.
Today’s guest blog is written by my colleague Joseph Yacura, who co-authored the most recent Data Quality and Innovation Study. Supply chain innovation has been slow to materialize in most organizations. Supply chain digitization has begun, but the adoption across different industry sectors and organizations is not consistent. Digitization faces many challenges, not least of which is the quality of the data organizations have available and their relative overall digital readiness. ( 2019
Today’s guest blog is written by my colleague Joseph Yacura, who co-authored the most recent Data Quality and Innovation Study. Supply chain innovation has been slow to materialize in most organizations. Supply chain digitization has begun, but the adoption across different industry sectors and organizations is not consistent. Digitization faces many challenges, not least of which is the quality of the data organizations have available and their relative overall digital readiness. ( 2019
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Shiny New Technology or Back to the Basics? What is Your Strategy? Responsive Supply Chain article originally published by, and permission to publish here provided by, Dave Joseph at veridian.info. Creating a Responsive Supply Chain in advance of the peak shopping season is a no-brainer.
Erin Miller, senior solutions director, JXC & Partners, has worked at JDA the majority of her career. She shares some distinct learnings about management and how important it is to be involved in something bigger than yourself, for the greater purpose of your team’s growth and success. She also shares a great nugget on how to keep your career fresh – and it’s not always about jumping to a new role, either.
A positive guest experience can lead to repeat purchases, word-of-mouth advertising for free through social media, brand value, access to new customers, and much more. Unfortunately, statistics are not on the side of shippers. Positive experiences are great, but they do not make viral posts. Adverse events and negative experiences pour into social media and.read More.
Robots are a cornerstone of a smart factory, automating a wide range of manufacturing tasks that are monotonous, physically straining, or even hazardous. However, real-world robotics deployments have not lived up to the revolutionary potential the industrial sector had originally envisioned. Robot implementations are typically confined to specific applications, carry high costs, and are time-consuming.
Redwood City, CA – January 16, 2020 – Ivalua, a leading global spend management cloud provider, and OJC Consulting, recognised software solutions implementation and consulting provider, have been chosen to transform procurement operations at Laerdal Medical – a world leading provider of training, educational and therapy products for lifesaving and emergency medical care.
A record crowd of 40,000 people attended the National Retail Federation (NRF) Big Show in New York City this week to see what new solutions and innovations software suppliers had in store for 2020 and beyond. The usual themes were still very present as solution providers and retailers alike were more than happy to talk about omni-channel, mobility, and machine learning, to name a few.
Effective inventory control centres on the fine balance of holding enough inventory to ensure the business operates effectively while avoiding the overstocking that ties up valuable cashflow and leads to waste. Inventory control can benefit from artificial intelligence (AI) because AI provides powerful insights for companies, highlighting interesting trends from large volumes of data that help procurement and warehouse teams to better manage the daily tasks of inventory management.
See how Denver-based United Transportation Services has implemented time-saving technologies while still delivering hands-on, personalized service to its customers. .
Robotic process automation (RPA) sits on the doorstep of artificial intelligence (AI). Some analysts have described RPA as a gateway technology to AI. Priya Dialani ( @priyadialani248 ) writes, “Artificial intelligence is without a doubt on everybody’s radar, except all the more explicitly, robotic process automation, the subset of AI that empowers IT groups to configure software ‘robots’ to capture data and perform routine tasks, is picking up traction as an alluring spot to s
To make sure your warehouse runs successfully, you need a well designed warehouse layout. Find out how your warehouse layout affects your ability to effectively process orders and how you can improve this to streamline your operations.
The $53 trillion manufacturing economy in the US is undergoing a major automation paradigm shift due to Artificial Intelligence (AI). Thanks to new practical frameworks, automation projects that were once impossible or inefficient to implement are now being fast-tracked, and robotics automation is becoming increasingly relevant to a growing number of users and scenarios.
Take a look at the list of artists that use Aston Microphones and you’ll be treated to a who’s who of the music industry in the UK and beyond. Catering to such demanding customers means creating a product that is at the absolute top of its game — and dealing with such high-end goods requires absolute visibility over where inventory is at any given time, and how much it’s worth.
Last week, our team at Dragon Innovation attended the most popular consumer electronic event in the world: CES 2020. We had a great time connecting with current and future Dragon customers, hardware industry partners & friends, along with our colleagues at Avnet, Hackster, Newark, Element14, Farnell and Witekio.
Erin Miller, senior solutions director, JXC & Partners, has worked at JDA the majority of her career. She shares some distinct learnings about management and how important it is to be involved in something bigger than yourself, for the greater purpose of your team’s growth and success. She also shares a great nugget on how to keep your career fresh – and it’s not always about jumping to a new role, either.
An industrial cycle rarely acts like a cyclone, but rather as a continuous stream of ‘improvement ripples’ of different sizes caused by major breakthroughs in technology and energy access. If you are a ProcureTech geek like we are, I am sure you will enjoy this excellent and timely article by Matthew Deem, Mondelez’s Digital Transformation Lead, written a couple of months ago.
“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.
Together, the two companies will enable retailers to deploy FutureProof's mobile self-checkout and service counter solutions fully integrated with SIRL's Indoor GPS & customer analytics platform that offers shoppers personalized recommendations in real-time through activation at the "last foot" of their physical store journey.
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