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Supply chain is in the spotlight. It is the business function that is front and center - on top of the minds of consumers and executives. The global pandemic has ripped the rug out from under supply chains, but also highlighted its importance. Agility, resiliency, and sustainability are keys to supply chain survival, so you can’t afford to wait to invest in building these capabilities, which are entwined with each other.
For many companies, COVID-19 has put enormous pressure on existing storage and fulfillment centers. If this sounds about right, you might be wondering if you should invest in a new or bigger or better facility, or improve the one you have. Analyzing variables such as facility layout, racking, slotting, and material handling equipment will give … The post Warehouse Design: How to Extend the Life of Your Facility appeared first on Chainalytics.
Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Supply chain professionals know it can be extremely challenging to drive day-to-day operational excellence and pursue innovation at the same time. Our recent survey showed that only 17% of organizations make it a priority to invest in innovation. Firefighting is the norm. It can also be challenging to decide where to invest.
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.
Carving a successful footprint and managing to boost Peak season value involves the direct application of KPI supply chain best practices. These best practices go back to the root of digital transformation within logistics, recognizing when things go wrong and intervening immediately. Furthermore, the value of parcel efficiency grows in tandem with the demands of.read More.
The cancellation of this year’s Oktoberfest is another blow to a beleaguered beer industry that’s still reeling from the effects of the global health crisis. The world’s biggest beer festival was expected to bring in up to six million visitors to the city of Munich. Around the world, beer consumption during that time of year is normally high, as smaller scale Oktoberfest events take place everywhere.
The cancellation of this year’s Oktoberfest is another blow to a beleaguered beer industry that’s still reeling from the effects of the global health crisis. The world’s biggest beer festival was expected to bring in up to six million visitors to the city of Munich. Around the world, beer consumption during that time of year is normally high, as smaller scale Oktoberfest events take place everywhere.
Baseball has a key performance indicator that is unrivaled. The Wins Above Replacement Value tells a team exactly what they need to do to succeed. In business, and the supply chain realm, no other success metric has this clarity. The post No Industry Has A Better Success Metric than Baseball appeared first on Logistics Viewpoints.
In the post Hidden Suppliers Can Make or Break Your Operations (Harvard Business Review, May 2015), the authors write, “With the size and complexity of supply chains soaring, a daunting challenge is confronting companies: identifying the critical nodes hidden within the vast expanse of their supply networks.” The coronavirus outbreak has put supply chain risk.
Global Supply Chains Explore New Opportunities with Increased Visibility. 24 SEPTEMBER 2020 | 11am (SGT). Recent events have forced even the most robust businesses to go back to the drawing board. Now, more than ever, technology has made all the difference in keeping supply chains afloat. Understand how visibility has afforded more opportunities and saved costs in global supply chains.
Every Salesperson’s Secret Weapon with Jamin Alvidrez. Jamin Alvidrez and Joe Lynch discuss every salesperson’s secret weapon. Jamin is an accomplished 3 rd party logistics sales leader and coach. About Jamin Alvidrez. Jamin Alvidrez has worked in logistics and transportation for the past 16+ years. Jamin’s supply chain and tech adventure has seen him have success at a wide range of roles at companies of differing size from CH Robinson to several start-ups and now his own venture.
The atmosphere of business representation has changed drastically over the last fifty years. A more diverse world has taken shape, and the transportation and supply chain industry is no stranger to this shift. There are many benefits to having more individuals, and therefore businesses, represented across the board. The logistics of a company can connect.read More.
How has COVID-19 affected your business? Are you experiencing a change in demand given the changes to the economy and government measures? Our business fortunately hasn’t been significantly affected, aside from having our travel and events curtailed. There’s still a strong demand for supply chain planning solutions, particularly ones with machine learning capabilities that can help clients rapidly adapt to the changing supplier situations and consumer demand that goes along with major disruption
Over the last six-plus months, the coronavirus pandemic has changed virtually every aspect of our lives. We have dealt with the health implications of COVID as well as economic hardships, the closing of schools and businesses, delays and changes to our daily schedules, and a pivot in how many of us work, just to name a few. Outside of the core components of our lives, there have also been interruptions to the luxuries that we […].
Today is September 11. As a kid who grew up in Brooklyn with a view of the Twin Towers from my bedroom window, I will never forget. Where were you on September 11, 2001 when the planes hit the towers? How I yearn, sometimes, to go back to my childhood bedroom, back to those hot. Read more Above the Fold: Supply Chain Logistics News (September 11, 2020).
“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.
Stay ahead or get left behind – what you need to know about supply chains post COVID-19. 01 OCTOBER 2020 | 11AM (SGT). LogiSYM GAME CHANGER give professionals a chance to interact with partners and the experts from LSCMS to learn how to re-prioritize and adapt to the new world of demand and supply post COVID-19. All participants to LogiSYM GAME CHANGER will not only get to hear about the latest solutions in supply chain but unlike any other webinar out there, participants will have a one-o
The typical peak season supply chain presents its own set of challenges yearly. However, this peak season is one never seen before. This year, 2020, is shaping up to be the most challenging year yet with the global pandemic in full force and the delays following for most of this year. Peak season will undoubtedly.read More. The post Peak Season Supply Chain Challenges Spur Innovation appeared first on Transportation Management Company | Cerasis.
Ivalua’s ease of integration, flexibility to cover a diverse range of activities across multiple geographies and a seamless user adoption experience are key drivers in streamlining John Cockerill’s transformation journey. Massy, September 15, 2020 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that its procurement software platform has been selected by John Cockerill to digitize all procurement processes and manage all spend globally, thus optimizi
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
Over the last few months, I’ve seen stories about people receiving random, unidentified seeds in the mail. Usually, the package came from China and had something else listed as the contents on the outside. However, once it was opened, there were just seeds with no description. The USDA in July said the packages were most likely part of a “brushing” scam, in which people receive unsolicited items from a seller who then posts false positive […].
In an alternate universe, one without COVID-19, I would be writing today about our Logistics Leaders for T1D Cure cycling team and the JDRF Ride to Cure we did last weekend in Saratoga Springs, NY. But in this universe, there was no JDRF ride last weekend; it was reimagined due to the pandemic. The reimagined. Read more Above the Fold: Supply Chain Logistics News (September 18, 2020).
Special thanks to Lars Jensen, CEO at Sea Intelligence Consulting and Zvi Schreiber, CEO of Freightos Group for their input and insights for this report. . Shipping containers are like scotch. . It’s hard to predict what demand will be like for products like these ahead of time. Just take a look at pricing fluctuations for Suntory’s Yamazaki 12 Year Old.
A global pandemic was impossible to foresee as COVID-19 swept across our increasingly interconnected world. The challenging landscape, from store and factory closures to wild swings in inventory, has proven to be the ultimate test of strength for supply chain teams everywhere. Supply chain is now a household term. Companies are measured on their ability to meet demand, right-size inventory to preserve cash and identify potential risks before they impact operations.
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.
Creating new value and maintaining competitive advantage within the supply chain remains challenging for companies around the globe. As e-commerce grows, the ability to respond and offer a seamless, superior customer experience also grows more challenging. Fortunately, the applications of logistics artificial intelligence (AI) are well-poised to meet this demand and help accommodate the changing.read More.
When it comes to managing your freight spend, there are a few options to consider. The three traditional methods are the use of a transportation management system (TMS), transportation execution system (TES), and managed transportation services (MTS). Ultimately it comes down to whether shippers want to manage their freight spend in-house or outsource it.
I drove three hours yesterday to see my mom and sister. I hadn’t seen them since December. It was time. It was a surprise visit for my mom. When I arrived at my sister’s backyard — wearing a mask, sunglasses, and baseball hat — she didn’t recognize me at first. She thought I was a. Read more Above the Fold: Supply Chain Logistics News (September 4, 2020).
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.
A shortage of digitally savvy talent, and a lack of training for technical and soft skills, hinder digital procurement initiatives. 24th September 2020, London – Research from Ivalua, a leading provider of global spend management cloud solutions, has shown that a majority of UK businesses (86%) face significant barriers developing digital skills in procurement.
Why Integrated Supply Chains are More Durable with John Tillison. John Tillison and Joe Lynch discuss why integrated supply chains are more durable. John is the SVP in charge of sales and marketing at A. Duie Pyle, a company that specializes in integrated transportation and warehousing solutions. About John Tillison. John Tillison began his logistics career as a management trainee at Roadway Express.
Connected supply chain systems rely on the advancement of sensors, analytics, and real-time data to make informed decisions and reduce inefficiencies. This advanced supply chain, known as supply chain 4.0, says McKinsey & Company, includes “the application of the Internet of Things, the use of advanced robotics, and the application of advanced analytics of big.read More.
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