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The rise in fuel costs, especially diesel, is significantly impacting the bottom line of many B2B companies such as distributors and wholesalers. While the transportation department bears the brunt of high fuel costs, it may not have much ability to mitigate the impact of these costs on the broader business as many of the causes of high fuel consumption come from outside the transportation department.
Supply chain resilience is “the capacity of a supply chain to persist, adapt, or transform in the face of change” Wikipedia. Revlon bankruptcy. McCormick stock falls on Q2 earnings miss. CEO of Bed Bath and Beyond out as sales tumble. Target earnings disappointment and restatement. Daily, we see business continuity case studies as headline news in the Wall Street Journal.
For decades, businesses across industries have faced a particularly thorny problem: the disconnect between demand, procurement and supply chain management. .
By Jonathan Bara (pictured). Freelancer Writer. The post 6 Tips for Delivering English Language Training to Your Global Workforce appeared first on IT Supply Chain.
The adoption of tactical “firefighting” rather than a strategic approach should sound alarm bells, not least because of the missed opportunity to revolutionize supply chain planning. .
The adoption of tactical “firefighting” rather than a strategic approach should sound alarm bells, not least because of the missed opportunity to revolutionize supply chain planning. .
As supply chain disruptions continue the procurement function should adapt to improve transparency, build collaborative relationships, and ensure sustainable sourcing practices, resulting in a stronger, more resilient supply chain with Cloud ERP for manufacturing. Manufacturers rely on materials sourced from volatile markets, subject to shortages and price instability amongst other things.
By Benoit Soucaret (pictured). Chief Experience Officer at Merkle Experience & Commerce, UK. The post Savvy consumerism – what brands should do to navigate the crisis appeared first on IT Supply Chain.
Fleet management and supply chain logistics go hand in hand, as the successful delivery of products relies on dependable transportation. During a time of uncertainty, satellite technology brings much-needed reliability. .
“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.
By Brian Atkinson (pictured). General Manager & Vice President EMEA, Five9. The post Retailers mustn’t coast through biggest challenge since lockdown appeared first on IT Supply Chain.
The White House is monitoring labor talks in the logistics industry as unions representing 115,000 rail workers and 22,000 West Coast dockworkers negotiate fresh contracts, but won’t get directly involved in either bargaining process now, its supply chain envoy said.
Bringing down supply chain costs from just 9% to 4% can actually double profits – yet, merely 2% of businesses have visibility beyond the second tier of their supply networks. Though businesses today are still navigating the slippery slope of cautious “post-pandemic recovery” hope and reducing supply chain disruptions and delays, 69% still do not have the full visibility to optimize precious cost and effort.
Developers of battery metals projects can win support from the U.S. government as it seeks to counter the dominance of China in clean-technology supply chains.
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
The automotive industry has faced a growing number of shortages as organizations scrambled to meet production over the past few years. However, this is not surprising as many automotive manufacturers operate in silos among quality, supply chain and IT. This leads to suboptimal results for the organization as well as the overall automotive supply chain.
CPG companies garner multiple benefits from automation—at a cost. For the CPG industry, automation means better information management; more opportunities for on-line sales, including direct-to-consumer; and more efficient, safer manufacturing.
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.
Not all procurement and eSourcing software are created the same—perhaps your current solution lives up to expectations in some areas but the eSourcing module isn’t quite what you need. Maybe it’s overcomplicated, delivering a poor user experience and mountains of frustration for your team— after you’ve just spent mountains of cash to acquire it.
Japan’s work ethic is something of a legend. The country built its economy after World War II in a short span of 20 years and has earned the reputation for being hard-working, with loyal employees who silently focus on their tasks and take very few breaks between work. The concepts of ganbaru , which literally translates to ‘stand firm’, and gaman , which means ‘enduring the seemingly unbearable with patience and dignity’, are entwined with the country’s outlook towards work and drive 67.35 mill
CPG companies garner multiple benefits from automation—at a cost. For the CPG industry, automation means better information management; more opportunities for on-line sales, including direct-to-consumer; and more efficient, safer manufacturing.
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.
By Jason Walker. Recent economic pressures and labor shortages have forced manufacturers and factories to become more flexible and efficient, but many don’t know where to start. Let’s look at the latest and greatest inventions, strategies, and systems that could help your facility stay competitive and thrive in 2022 and beyond. 14 Manufacturing Trends in 2022.
Insights on Home Depot’s growth strategies with CEO, Ted Decker With an 11% growth in sales in the fourth fiscal quarter, Home Depot expects to beat Wall Street’s expectations for 2022. Home Depot has set its sights on reaching $200 billion in annual sales this year, close to a $50 billion increase from the previous […].
With over 2,000 participants from around the world, ICON 2022 was a smashing success! The event may be over, but it’s not too late to get in on the learning. You can now access the event content in the ICON On-Demand on-demand experience. With over 30 hours of compelling keynotes and track sessions, you will learn the latest about the power of the digital edge, innovation during times of disruption, and captivating stories of customer transformation. .
This special edition of Supply Chain Matters This Week in Supply Chain Tech highlights the announcement of a new CEO for Blue Yonder , as that firm focuses on its integration within a new independent business unit of Panasonic Holdings. Supply chain planning and execution technology provider Blue Yonder (previously known as JDA Software ), has a new CEO.
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.
Discover how artificial intelligence (AI) can help improve logistics, increase efficiencies, and improve employee experiences for warehouse personnel. The post 4 Simple Steps to Begin Capitalizing on AI Applications in Supply Chain appeared first on Tecsys.
With the growth of digitalization, brand productivity has been significantly hiked. And the physical store has not lost its importance. They fetch the attention close enough to online stores in terms of easy contact with the local people to exchange or return the products and act as one of the local fulfillment centers. The omnichannel platform undergoes numerous challenges in terms of operations, sales, and profit-making mindset to work optimally.
While most contiguous U.S. states continue to experience intense heat and seasonal drought, a new season has begun in the supply chain. While some are shaking off their COVID-19 strategies, others are adjusting COVID-prompted changes into new business plans to address the latest global disruptions. Here are some recaps of the latest market changes to guide supply chain professionals in their quarterly business plan shifts.
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