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What is Digital Transformation? A digital transformation requires that companies transform their decision-making processes with technology to enhance customer experience and employee productivity and ultimately improve business performance. Technologies such as artificial intelligence, machine learning, Internet of Things, and virtual reality can aid in this transformation.
As shippers continue to face challenges like the truck driver shortage, capacity crunches, and rising freight costs, digital freight matching helps to fill the gap between the nation’s independent carriers and the companies that rely on them.
What skills and attributes will be the most important for supply chain young professionals to succeed moving forward? We asked members of our Indago research community that question back in April. Our community was relatively small at the time (18 supply chain and logistics executives), but they are all high-level leaders (more than a third. The post The Most Important Skills for Supply Chain Young Professionals appeared first on Talking Logistics with Adrian Gonzalez.
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.
Supply chain management is a multi-faceted process with many stakeholders and even more moving parts. New technology aims to make the supply chain more efficient, yet investing in the wrong technology further complicates productivity while hindering profitability. Effective supply chain management offers numerous benefits for companies, so overcoming challenges to keep things running smoothly is a top priority for supply chain professionals.
I watch the news channels on mute. The reason? I hate political pundit debates. When the nonsensical banter reaches a crescendo, I shake my head and ask myself the question of “Why?” I wonder why people are listening. Fondly I remember the days of Walter Cronkite and Dan Rather with eye-witness accounts and on-the-ground reporting. Phenomenal photography brought the stories to life.
I watch the news channels on mute. The reason? I hate political pundit debates. When the nonsensical banter reaches a crescendo, I shake my head and ask myself the question of “Why?” I wonder why people are listening. Fondly I remember the days of Walter Cronkite and Dan Rather with eye-witness accounts and on-the-ground reporting. Phenomenal photography brought the stories to life.
The agribusiness supply chain is highly complex. It’s not limited to managing crops and livestock, but encompasses all equipment, services, and product processing as well as commercialization. Besides the regular challenges expected of such an intricate operation, there are social and environmental concerns, stringent regulations, a labor shortage and rising competition.
Retailers face some tough dilemnas. Growing SKU counts drive worse on-shelf availability. Growing reliance on direct store delivery holds fulfillment costs down, but DSD suppliers goals are not fully aligned with retailers. One thing is clear, retailers need better visibility to stock outs at the shelf level. The post Shelf Level Visibility is Critical to Retail Supply Chain Excellence appeared first on Logistics Viewpoints.
Nowadays everyone’s writing and speaking about supply chain complexity , but not many are talking about how to turn around all that complexity and variability for business advantage. That’s exactly what Franke, a world leading provider of solutions and equipment for residential kitchens and bathrooms, was able to do. . According to Inbound Logistics , there are three main sources of supply chain complexity: meeting the needs of customers, globalization, and internal pressures.
Using technology in the warehouse is one of the most effective ways to improve inventory management and reduce returns. Since returns represent a significant cost to companies, it is imperative for retailers to take steps to improve inventory management and manage returns. Gaining control over returns is easier when systems are in place to automate.read More.
We say that quality is important in supply chain management, but do we focus on it with the same level of urgency, sophistication, and importance as other facets of SCM? Likewise, we stress the importance of obtaining end-to-end supply chain visibility, but what about end-to-end supply chain quality? What does that entail, and how do. The post Supply Chain Quality: Time for a New Perspective appeared first on Talking Logistics with Adrian Gonzalez.
It’s my opinion that most look back on their career and realize they never could have predicted where they would end up. For instance, my best subject areas in high school were instrumental music, math and science. When it came time to determine what I should study in college I chose engineering even though I had a full tuition scholarship to pursue a degree in jazz performance.
We are flattered to be recognized by Gartner in the 2019 Magic Quadrant for Sales and Operations Planning Systems of Differentiation , especially considerin g that we only launched our configurable S&OP application two years ago. While I’d be first to concede that there are some incredible S&OP tools out there (I particularly admire Kinaxis and OM Partners), it’s incredible that we can play on the same pitch with these large COTS vendors so quickly.
Satellite imagery data represents another data set that may have the potential to improve company’s supply chains. There are potential uses surrounding procurement, sustainability, and strategic planning. The post Using Satellite Imagery as a Data Source to Improve Supply Chain Management appeared first on Logistics Viewpoints.
“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.
After decades of longer and more global supply chains, some are becoming shorter and more localized. This trend has important implications to supply chain planning. But first let’s take a look at the factors driving this change. . Contracting Supply Chains. . A recent special report by The Economist says that while most people assume that shrinking supply chains are caused by political factors such as tariffs, in fact there are deeper long-term trends at play.
Inventory management mistakes constitute a significant cost contributor in today’s supply chains. According to Rod Daugherty of Manufacturing.net, the costliest problem is due in large part to poor inventory visibility and planning. More than 60 percent of wholesalers routinely keep more than one month of inventory on-hand, and since 77 percent of businesses lose sales.read More.
That was fast, wasn’t it? We’re at the halfway mark of 2019. The U.S. and China are still in a tariff war, but the domestic transportation market is more favorable for shippers today (more capacity, lower rates) than during the first half of 2018. Mergers and acquisitions continue in the industry, both in the technology. The post Top Talking Logistics Posts & Episodes (Q2 2019) appeared first on Talking Logistics with Adrian Gonzalez.
by Christina Christensen The creative contention over enterprise resource planning (ERP) vs. best of breed (BoB) has become age-old; however, key considerations weighting the equation have changed with the rise of the cloud, better integration tools, and more focus on the impact network solutions have on business transformation and end user satisfaction.
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
Sales and Operations Planning and demand forecasting are two sides of the same coin. For many, a well-executed S&OP process should start with a demand forecast on one end and supply and resource plans to meet that forecast on the other. But in today’s VUCA world, the future is getting harder and harder to predict. Demand forecasts are only becoming less accurate.
Product recalls are a regular occurrence, making the headlines on a monthly, even weekly basis. They affect not only the consumers of potentially harmful products, but also manufacturers, retailers, transportation providers, and others throughout the supply chain. However, with a reliable technology platform and transportation network, shippers can mitigate the impact of widespread issues across supply chain functions and get operations back on track more quickly.
Many analysts believe the future of retail rests on the shoulders of omnichannel operations powered by artificial intelligence (AI). James D’Arezzo, CEO of Condusiv Technologies, writes, “Any retailer that wants to be competitive knows it must offer a seamless omnichannel experience to its customers.”[1] At the same time, writes SAS’ Rodney Weidemann, “The impact of emerging technologies such as artificial intelligence, machine learning and cognitive computing — the
Key performance indicators (KPIs) refer to the targeted goals that rely on metrics to provide a snapshot of the health of your operation. They connect data and metrics with an evaluation of whether your operation performs as expected and what strengths or weaknesses may exist. Supply chain leaders need to know which KPIs of a.read More. The post What Are the KPIs of a Transportation Management System appeared first on Transportation Management Company | Cerasis.
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.
The impact of e-commerce on the retail grocery industry and perishables supply chains has created a phenomenon called Micro Supply Chains. It’s driving rapid change across the industry, which has presented challenges for all stakeholders, but also new opportunities to differentiate and capture market share. What are some of these challenges and opportunities?
by Sarah Harkins Some Canadians aren’t cheering this patio season – because their cups are empty. Ontario residents, brewers and unions complained on social media after a June update to the Liquor Control Board of Ontario’s (LCBO) warehouse management software left alcohol in warehouses instead of on store shelves. The LCBO won’t be hurt by the interruption since it’s the only liquor retailer in Ontario.
The agribusiness supply chain is highly complex. It’s not limited to managing crops and livestock, but encompasses all equipment, services, and product processing as well as commercialization. Besides the regular challenges expected of such an intricate operation, there are social and environmental concerns, stringent regulations, a labor shortage and rising competition.
Trade and specialization at the individual, corporate, and regional level are catalysts behind the growth and increasingly important role of supply chain in today’s global economies. To capture the benefits from trade, organizations need superior logistical capabilities and more sophisticated coordination of activities to receive final goods at one’s location of choice.
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.
[00:52] Please introduce yourself. I am VP of Sales at Tactical Logistic Solutions. Tactical has locations in New Jersey and California, and I’m based in New Jersey. Tactical is an end-to-end provider of supply chain logistics. We go from our client’s overseas manufacturing location via air, sea, and land to their warehouse, our warehouse, or to Amazon’s warehouse. [01:36] Tell us a little bit about your background.
Listen to “A Comprehensive Discussion on Lean Supply Chain Strategies” on Spreaker. Lean Supply Chain & Supply Chain Optimization Resources Logistics Service Level Agreement and Logistics Key Performance Indicators: A White Paper Download White Paper Why Blockchain will Create Extreme Supply Chain Management Optimization Download White Paper The Top Supply Chain Trends that Will Impact.read More.
Which risks do you believe supply chain professionals need to plan for more effectively moving forward? We asked members of our Indago research community that question back in May. Twenty high-level leaders from a diverse set of companies and industries responded to the survey (45% Director-level and above, 60% from $1B+ companies in Food & Read more Plan Effectively For These Supply Chain Risks.
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