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I dialed-in, took a sip of coffee, rocked back in my seat. I asked, “ How can I help you?” (This is my standard modus operandi. When not traveling, I answer nine calls on average a day.) When I asked the question, an awkward silence followed. A strained request from a marketing director for a software company ensued, “You did not list us in your analytics report, and we want to know why.
Supply chains are messy. Blockchain in Supply Chain Can Help. A manufacturer in China doesn’t read the specs on an order. A supplier in Mexico mixes up two similar parts. An ecommerce fulfillment warehouse in the USA sends the wrong packages to customers. On top of all that, billions if not trillions of dollars worth of potential working capital are tied up in illiquid assets such as 90-day invoice payouts or even the real estate value of, say, a warehouse or factory building.
In today’s business environment, you can’t remain competitive without mastering analytics. S till, most companies are “not very far” when it comes to implementing analytics and garnering benefits from data, as a recent survey from CSCMP suggests. I n many cases, organizations haven’t succeeded in making the organizational changes required to become data-driven.
Eight years ago ToolsGroup was one of the first supply chain planning software vendors to employ machine learning to improve demand forecasting. As the tag line to a popular commercial goes, by now “we know a thing or two because we've seen a thing or two.”. When we first began employing this new technology, it wasn’t on anyone’s radar. Even in 2014 when Gartner wrote a case study about Danone using our machine learning to help forecast promotions, it was barely a blip on the horizon.
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.
by Alexa Cheater Bridging finance and supply chain operations improves efficiency. In my earlier blog , I examined common obstacles organizations face when bringing together finance and supply chain operations. Now let’s look at the rewards you can reap by actually doing so. Bringing together finance and supply chain operations can make your company more operationally savvy and improve financial efficiency through: Exposing potential risks and enabling executable and optimized plans.
The air freight landscape has experienced some dramatic shifts in recent years. In fact, those events seem likely to produce some headwinds for air freight shippers in 2018 in locating available air capacity, especially during peak seasons. Over the last few years, digitization has become more prominent in the air industry. As in most industries, big data obtained in real time, from real events, combined with flexible management, is helping air carriers take a more […].
The air freight landscape has experienced some dramatic shifts in recent years. In fact, those events seem likely to produce some headwinds for air freight shippers in 2018 in locating available air capacity, especially during peak seasons. Over the last few years, digitization has become more prominent in the air industry. As in most industries, big data obtained in real time, from real events, combined with flexible management, is helping air carriers take a more […].
Last week was the sixth anniversary of my founding of Supply Chain Insights. Over 1000 people wrote me congratulatory notes on LinkedIn. Most were from people who I do not know. I find this rewarding and humbling. February also marks my eighth year of blogging. The journey of creating Open Content research and blogging is a life journey that chose me.
Cerasis is excited to announce the release of an all new, exclusive, & educational resource “The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018” white paper! This is a must read for those in the supply chain industry to stay on top of their games! Get a free copy of the white paper by filling out the form to the right.
The chemical industry is facing some powerful changes that are directly impacting revenues and margins. It’s also highly competitive. Everyone is trying to dominate their niche. This means chemical companies need to be adept at managing costs and profitability. But doing this ad hoc is too difficult. Having the right technology is key. Spreadsheets and legacy tools are no longer enough.
Financial executives measure inventory health with metrics like inventory turns because they view the firm from a financial viewpoint - such as how much working capital is being tied up. But from an operational supply chain planning perspective, turns is a crude metric because it doesn’t recognize the difference between “good” and “bad” inventory. For instance, you could have too much of some products, while not enough of others.
One of my predictions for 2018 is that Supply Chain Visibility Will Get Clearer, More Real-time, and More Predictive with Machine Learning and Enhanced Data this year. A big part of this trend is the continued evolution of Supply Chain Control Towers. Where is this technology today compared to the past? What factors are driving demand for it? How are companies deriving value and benefits from digital supply chain control towers?
Last Thursday, UPS announced its plans to deploy 50 plug-in electric delivery trucks supplied by the Workhorse Group. What increased UPS’s willingness to invest in these vans is innovative “smart charging” software that has implications for last mile routing. There are other interesting developments in last mile routing as well. The post What’s New in Last Mile Routing?
by Jeswin Philip The Food Packaging Trends and Advances report from PMMI forecasts that the US Food and Beverage industry will experience a 2.9 % CAGR through 2022. The report also mentions that the global growth rate is almost double that of the US food industry. It’s a prediction that shouldn’t be ignored. Food for thought: Time for a different kind of supply chain.
In today’s blog post we continue our look at the logistics technology trends that will shape 2018. In our first post on this subject, we addressed the 5 automated logistics technologies that will serve as the foundation of the transformation to the digital logistics & supply chain landscape. In this post, will go to how shippers and logistics providers will lean on 6 more trends to make gains in the months to come. download ebook.
“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.
In today’s business environment, you can’t remain competitive without mastering supply chain analytics. S till, most companies are “not very far” when it comes to implementing analytics and garnering benefits from data, as a recent survey from CSCMP suggests. I n many cases, organizations haven’t succeeded in making the organizational changes required to become data-driven.
The blockchain is a fascinating technology innovation that has the potential to disrupt many different industries. Here is a brief primer on the technology and potential use cases in supply chain and logistics. What is a Blockchain? A blockchain is an open and distributed, digital ledger that can record transactions between two parties in an efficient and verifiable manner without the need of an intermediary.
What is your earliest memory? Mine is coloring with my mom. I am a toddler, maybe two years old, wearing a diaper and nothing else, sitting atop the small round kitchen table in our cramped 1970s apartment, my mom helping me sit up while I colored, crayon clutched in little hand, on a piece of paper. Turn the faded Kodak photo over, my mom turned 70 this week.
Omni-channel order management is essential for today's changing business environment. While integration issues abound, the market for OMS is poised to grow. This is due to a combination of factors including cloud deployments, increased use of ship from store, and artificial intelligence. The post Omni-Channel Order Management Growth Drivers appeared first on Logistics Viewpoints.
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 Alexa Cheater Using integrated business planning can help. In my earlier blog , I explored how integrated business planning (IBP) can help bring together finance and supply chain operations. IBP helps achieve key performance indicators (KPIs) like sales, customer satisfaction, inventory level and other metrics outlined in the strategic plan. Oliver Wight research shows “companies that do integrated business planning well achieve greater benefits than companies that do not.”.
Editor’s note: Today’s blog is from our friend Brandon Stanley. Brandon is a writer connected with digital marketing and supply chain management. In this article, he writes about the characteristics of an effective supply chain manager. . [WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download white paper.
Lots of supply chains are dealing with the “Amazon effect,” which has led consumers to demand lightning-fast (and free) delivery times, last-minute order changes, and 100 percent order accuracy. While initially seen as just a retail problem, these expectations have now reached the B2B world as well. Managing the Amazon effect requires a host of […].
Maintenance Repair and Overhaul (MRO) businesses are set to witness stunning growth over the next few years. However, the aviation. The post 5 MRO Supply Chain Challenges Aviation Companies Need To Prepare For appeared first on The Network Effect.
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.
Still think trade compliance is just paperwork? Still managing it with Excel spreadsheets? An article in the Wall Street Journal last week by Henry Cutter ( Whistleblower Lawyers See a Growth Area: Customs Fraud ) is another reminder of why trade compliance is not just paperwork or a low-priority cost center hidden in the basement of your company — it’s a high-risk, strategic business process that is only getting riskier and more complicated.
The CEO and Chief Innovation Officer of Vecna Robotics, Dan Patt and Daniel Theobold, came in to see us at the ARC Advisory Group. We were already very bullish on the autonomous mobile robotics (AMR) industry’s potential to improve warehousing and order fulfillment, but Vecna has some differentiators that make them a very interesting supplier. Warehouse robotics is coming of age.
by Alexa Cheater Prescriptive analytics and artificial intelligence are coming. In my previous blogs I talked about integrating finance into supply chain operations, including outlining how integrated business planning (IBP) can help. Now it’s time to look at how IBP can take your supply chain to the next level of performance, and bring finance right alongside with you.
With the rise of e-commerce, the value of logistics has grown. Logistics professionals can no longer simply go about standard operations, and the days of peaks and lulls have ended. Yet, some may be asking, “why has demand increased so much?” To answer that question, let us turn our attention to some of the key top logistics trends we’ll see over the next 12 months, in part as a response to the growing customer experience movement.
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.
Numerous times recently I’ve found myself saying (and tweeting) that… ‘Going forward Fulfillment automation is no longer just an option.’ Having been a contributor to many SWOT (Strengths, Weaknesses, Opportunities & Threats) analyses for e-commerce service providers, retailers and even CPG manufacturers, I’ve lost count of how many times I’ve warned all who would listen that fulfillment automation (or the lack thereof) will be a significant threat to their onl
What do DHL eCommerce, PKN ORLEN and World Food Programme have in common? The answer is Quintiq. Though operating in different industries, these big names in e-commerce logistics, oil & gas and humanitarian efforts rely on the same optimization technology provided by Quintiq. Just how happy are these companies with the Quintiq solution? Read their quick stories below.
If you’ve ever purchased a transportation management system (TMS) for your organization – or any enterprise software – you know that the term “software as a service” (SaaS) gets thrown around a lot. The problem is, it means different things to different people, and some vendors twist the meaning of the term to make it fit what they’re trying to sell you.
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