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5G technology is a new, advanced wireless communication system, which is slowly rolling out through 2019 and should become more readily available in 2020. 5G technology will reduce latency, improve network speeds, and lower power consumption. For the purposes of the supply chain—which is quickly moving towards wireless connectivity and the IoT—5G will improve all levels of supply chain management.
Brands and consumers often share a similar perspective when it comes to returns: it’s their least favorite part of the buying experience. Even brands with the best products must handle returns, but when it comes to supply chain and go-to-market strategy, returns are typically glossed over. Why is that? A big piece of returns neglect […]. The post Reverse Logistics Returns Opportunity: Win Customers & Save Money appeared first on Steel Connect.
The leaders in supply chain management are all focused with intensity on achieving the promise of Supply Chain Digitization. Understand the terms and ideas being put forward by the early adopters of the amazing new digital supply chain technologies being harnessed by today’s leading practitioners. . There have been unprecedented advancements in technology over the last 20 years, occurring at a dizzying pace.
When it comes to intelligence in decision making, it’s our differences in experiences and attitudes that make our businesses evolve in a diverse manner. There are often many ways to solve a problem. The path we take can be an expression of our human creativity. This ingenuity is precisely why Artificial Intelligence alone is unlikely to help us break out and take supply chain decision making to the next level.
The term supply chain control tower is being used more frequently. Some think it is being overused. What is a supply chain control tower? From my perspective it must be a holistic supply chain solution. What does that mean? For me, it means the following ten things. The post What is a Supply Chain Control Tower? appeared first on Logistics Viewpoints.
[00:20] Opening / Introduction. [00:51] Tell us about yourself and what you do in Panama. I was born and raised in Panama and manage a 3PL. My main role is to promote the hub that Panama offers to the world. [02:19] What was your first job in logistics? A relative of mine had a parcel company that got a contract with a multinational. He learned that he needed to serve a different area than he was in, so he called all his friends and family to help him launch.
[00:20] Opening / Introduction. [00:51] Tell us about yourself and what you do in Panama. I was born and raised in Panama and manage a 3PL. My main role is to promote the hub that Panama offers to the world. [02:19] What was your first job in logistics? A relative of mine had a parcel company that got a contract with a multinational. He learned that he needed to serve a different area than he was in, so he called all his friends and family to help him launch.
With all the buzz around digital transformation, someone peering in from outside supply chain may assume most businesses have already digitized essential tasks like inventory planning. The reality is that this transformation takes time and a change of mindset. It’s about learning to transition from long-held inventory systems and processes, having new conversations across logistics and sales, and the shifting role of supply chain planners.
Amazon has taken the eCommerce industry by storm, becoming the leading online marketplace in the world. And what’s not to love? From fast, affordable shipping to great customer service, consumers can find pretty much anything they need on Amazon. The company has become one of the fastest growing in history, thanks in large part to.read More. The post How to Develop a Supply Chain Strategy Like Amazon appeared first on Transportation Management Company | Cerasis.
by Bill DuBois. Full disclosure: I work for a best-of-breed supply chain planning vendor so I will do my best to take an unbiased approach as I provide my opinions on how to solve the challenges of planning today’s supply chains with all its complexity and volatility. I’ll be honest, it would be great to get everything from one supply chain software vendor.
You have tough decisions to make about your supply chain network design. You need answers to urgent network questions, but it often takes several weeks to get the answers you need. When you finally have the analysis, everything’s changed, and the results are no longer relevant. Perhaps the only good thing about this is that you’re not alone.
“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.
Managing inventory in 2019 has become an even more complex challenge according to our industry peers and PINC customers. In my previous article titled “The High Cost of The One Percent Inventory Accuracy in Your Supply Chain“, I explored significant challenges, costs associated to inventory management, and what one percent of inventory accuracy represents to your operation.
Lemmings are misunderstood. So are supply chain leaders. What is a lemming? Simply put, a lemming is a small rodent. Active in Arctic tundra ecosystems, they are part of the super family Muroidea, which includes rats, mice, hamsters, and gerbils. A lemming’s population rises and falls. Sometimes there are large migrations that result in mass drownings.
MANN+HUMMEL to Present How It Partnered with ToolsGroup to Increase Fill Rate and Cut Inventory. BOSTON, June 11, 2019 – ToolsGroup, a global leader in supply chain planning software, today shared details of its participation in the Gartner Supply Chain Executive Conference, taking place June 17-19 in Barcelona. Gartner Supply Chain Executive Conference 2019 is the world’s most important gathering of supply chain leaders.
Digital transformation is inevitable, and digital transformation within the supply chain has the potential to streamline operations, reduce costs, and offer a better work environment for employees. The result is improved customer service, but the real implications of supply chain analytics go much further. The proper use of supply chain analytics is crucial to digital.read More.
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 Bill DuBois “Delay of supply chain, that’s a penalty. Roughing the supplier, that’s two minutes. Excessive use of inventory, you’re out of the game!” As you’ll find out in the video below, egregious supply chain planning tactics do not go unpenalized under my watchful eye. But the truth is, in my role as a supply chain referee, I don’t want to put anyone in the supply chain sin bin.
Note: Today’s post is part of our “Editor’s Pick” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This post from Amber Road’s blog discusses the Office of Foreign Assets Control (OFAC) and how its enforcement arm reaches all.
Digital Innovation in the Modern Warehouse was the topic at this session of the 3PL and Supply Chain Summit. Executives from HighJump, SSI Schaefer, and Pepperl+Fuchs provided valuable insights on sensor types and their applications, the synthesis of this data into meaningful, actionable information, and the use of digital technology to drive productivity improvements.
You have tough decisions to make about your supply chain network design. You need answers to urgent network questions, but it often takes several weeks to get the answers you need. When you finally have the analysis, everything’s changed, and the results are no longer relevant. Perhaps the only good thing about this is that you’re not alone.
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.
Since humans began making and distributing products to one another, the structure of the supply chain has remained predominantly untouched. Raw materials flow in, are changed into a product and are then distributed and used until finally they are thrown away. This linear chain has been sufficient to keep economies churning, but a new, more […].
Robotic warehouses have great potential. Supply chain leaders across the globe scour the latest technologies and capabilities of robots. The reasoning is simple; robots offer a tireless army of workers without the hassle of managing human laborers. Unfortunately, significant obstacles to robotic warehouses still result in some companies eyeing the technology with suspicion, if not.read More.
by Alexa Cheater Stop making decisions in the dark. Some things are better in the dark. Fireworks. Watching a movie. Robbing a bank. Supply chain planning isn’t one of them. So why do so many companies still plan that way? Managing a supply chain is tough enough without having to make decisions blind. Increasing cost pressures, growing customer expectations, expanding ecosystems—all add to the complexity you’re facing every day.
Risk, uncertainty, complexity, dynamic — these are all terms we use to describe global supply chain management. How can companies successfully navigate through this environment? What actions can they take to streamline and automate global trade processes? How can technology help? Those are some of the questions I discussed with Ty Bordner, SVP of Marketing.
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.
LLamasoft has developed a new supply chain control tower. What makes is so interesting is it's engine. It is built on top of a supply chain reference model that contains supply chain policies. Once I peeked under the hood at this reference model, it became clear to me this could be a very robust solution. The post The Year of the Supply Chain Control Tower appeared first on Logistics Viewpoints.
When it comes to intelligence in decision making, it’s our differences in experiences and attitudes that make our businesses evolve in a diverse manner. There are often many ways to solve a problem. The path we take can be an expression of our human creativity. This ingenuity is precisely why Artificial Intelligence alone is unlikely to help us break out and take supply chain decision making to the next level.
When most people think of shipping containers, they think of exactly what’s in the name: shipping. Formally known as an integral part of virtually any product moving across a supply chain, shipping containers keep products safe from external forces like weather and theft. However, recent advancements have been made to use shipping containers to solve […].
Omnichannel retail is the new “Gold Standard” for the industry. On the surface, an omnichannel approach gives consumers the ability to blend their online and physical experience into one. For supply chains, the impact of omnichannel is more significant. Supply chain technology requires integration for omnichannel success, and the entire system relies on data.
Savvy B2B marketers know that a great account-based marketing (ABM) strategy leads to higher ROI and sustainable growth. In this guide, we’ll cover: What makes for a successful ABM strategy? What are the key elements and capabilities of ABM that can make a real difference? How is AI changing workflows and driving functionality? This Martech Intelligence Report on Enterprise Account-Based Marketing examines the state of ABM in 2024 and what to consider when implementing ABM software.
In today’s world, lost opportunities in the warehouse, that is “poor warehouse management,” can lead to severe consequences. Consumers can and will abandon your company in favor of Amazon or one that understands the Holy Trinity of Warehousing : knowing the product is available when it will ship, and its total landed costs. Also, the application of dock management in warehouse optimization is the first step toward achieving this goal.
Note: Today’s post is part of our “Editor’s Pick” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This post from GEODIS’ blog discusses the importance of customer relationships and how to develop and maintain them.
So close, yet so far away. I actually can’t believe that I am not writing an intro to the news round-up about Boston sports and our monopoly on titles. Unfortunately, after a valiant run, and a decisive game 6 victory to force a game 7, the Bruins were unable to bring the Stanley Cup home. Of course, I just assumed Boston would win, as it is what our sports teams do these days.
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