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by Dr. Madhav Durbha. “Long time bud! Hope all is well” … It was great to hear Tim’s voice after all these years. Tim started his career in supply chain management along with me. After about a decade, he took a different path and branched off from SCM. Thanks to Facebook and Linkedin, we stayed in touch but haven’t talked to each other in a while. But now, out of the blue, he calls me as I was driving home.
as a supply chain guy, I just love hearing about a business turn around that was largely driven by a more effective supply chain. That, as Tuesday's financial news proves, was clearly the case with Hostess Brands.
Introducing the Freightos Marketplace. In 1900, gross world production was $175 billion dollars. By 2014, it reached $77 trillion dollars. This tremendous growth was driven by freight shipping, which scaled in size but didn’t significantly improve underlying technology, getting bigger, not getting smarter. For example, 26% of the 730 million TEUs shipped annually and approximately 30% of trucks on the road are empty.
Five months of analysis. Lots of heated debates. It is now over. This morning, we announced the Supply Chains to Admire Winners and Finalists for 2016. The research starts in April and stretches over many weeks as we analyze the different elements and understand the patterns of each industry. Why do we do it? Selfishly, we need standard for our research, but we also want to help supply chain leaders gain new insights from a deep data-driven analysis.
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.
In the old days, each store knew best what inventory it needed to keep shelves stocked and customers satisfied. But with today’s product proliferation and demand complexity—including now often the need to operate as a satellite fulfillment center for orders rung up online—it’s more difficult for individual retail sites to create accurate forecasts and optimize their inventory and replenishment process.
A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. With the myriad of tasks and personell, a director or manager must oversee, how on earth are they to get everything done? Well, it starts with focusing on the areas and objectives that can meet your desired outcomes.
A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. With the myriad of tasks and personell, a director or manager must oversee, how on earth are they to get everything done? Well, it starts with focusing on the areas and objectives that can meet your desired outcomes.
It looks like summer is at its peak: It’s 35 degrees in Berlin today, and I’m looking forward to some yummy ice-cream with my son in the park. The Germans love ice-cream, and on a day like today, everyone is outside cooling off with this sweet temptation. Here in Germany, you never know how long summer lasts. Yesterday it rained all day. Summer can be gone quickly, just when you get used to it.
Brexit will have a minimal impact on global supply chains. The U.S. presidential election could have a much bigger impact. And changes in EU tax enforcement, the most of all.
The Brexit is a reality and with it, companies in Europe are facing even more uncertainty than before. There is serious concern that the UK’s decision to leave the EU will bring further destabilization and economic risks. How will it impact your supply chain and your bottom line? This article discusses 5 key things supply chain leaders should consider post-Brexit.
by Alexa Cheater How much is too much? That’s the question many supply chain practitioners are asking themselves in this world of big data, where a flood of new information is rapidly becoming readily available. It’s now possible to have more details than ever about your suppliers, customers, and even your own operations. But there’s this concept of data paralysis—where you have so much data you don’t know what to do with it all—and it could actually be crippling your supply chain.
Most CPG companies have hit a demand forecasting ceiling. The good ones are breaking through. Consumer package goods (CPG) companies are looking for growth and scouring markets for opportunity. Their product portfolios grow with new product introductions, fresh takes on existing merchandise, and multiplying sales channels. Boston Consulting Group talks about how the “endless aisles” of the internet and omni-channel sales increase product assortment.
Today’s logistics empire is not your grandfather’s or even your father’s logistics operation. Consumers are expressing an unprecedented amount of power through eCommerce, and in fact, eCommerce logistics is growing increasingly reliant on small parcel and package delivery options daily. Meanwhile, eCommerce is catalyzing significant changes in retail real estate as more companies vie for warehouse space and transportation services to meet a growing number of online orders, explains Alexander Fre
Is your agriculture business dependent on what nature is giving you? Are you sourcing from different countries and facing logistical complexities? Read on to find out what the main challenges faced by seed manufacturers are and how they can overcome them to boost efficiency in areas they have control over. Pressure to deliver. The global agricultural community is facing some significantly tough challenges: volatile weather due to climate change; rising population; and rapidly changing dietary ha
At the SAP Insider SCM CRM 2016 event in Vienna this month, Ulrich Mast presented the current status and the planned future for Production Planning and Detailed Scheduling (PPDS), including SAP Advanced Planner and Optimizer PPDS (SAP APO PPDS) within the SAP Supply Chain Management suite (SCM) and S/4HANA. Smaller lot sizes, increasing variability and shorter product life cycles tend to make planning and scheduling more complex, resulting in increased order lead times, stock […].
“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.
Brexit is a reality and with it, companies in Europe are facing even more uncertainty than before. There is serious concern that the UK’s decision to leave the EU will bring further destabilization and economic risks. How will it impact your supply chain and your bottom line? This article discusses 5 key things supply chain leaders should consider post-Brexit.
by Alexa Cheater. Inheriting an organization facing one of the toughest retail environments in history, Mike Duke helped Walmart, the world’s largest retailer and biggest private employer, navigate an intense period of economic, social, and technological change while delivering strong financial results. As CEO from 2009 to 2014, he worked to restructure the company and made sure it not only grew, but grew with integrity.
“78% of respondents to Gartner’s most recent Chief Supply Chain Officer Survey identify talent as the No. 1 long-term supply chain risk”. There is a lot of documented evidence of a shortage in supply chain talent. Why is it happening? Planning is becoming increasingly complex; not only due to the increasing demand and supply chain complexity, but also due to the wide range of new data sources such as channel data, retail data and even web data - nearly all of which wasn’t available years ago.
Logistics technologies are changing how modern retailers operate. Huge warehouses are being built to house an infinitely higher number of products. Home Depot is revamping their distribution center strategy to include a host of regional centers, and logistics providers stand to reap significant profits from increased collaboration in the marketplace.
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
I recently peeped outside of the FMCG and Pharmaceutical world and took a look at the amount of empty beds in the National Health Service in UK and how a little alternative thinking plus basic demand and supply planning expertise could improve bed utilisation. Today it is the turn of the Royal Mail and all those “black and white cat” postie types to be in line for my critique.
Forwarders and brokers are a critical part of international supply chains. They operate in incredibly competitive markets that can be characterized by tight margins and highly influenced by regulatory change. This past spring, we conducted a benchmark study with over 100 forwarders and brokers to evaluate how macroeconomic changes were impacting them, the strategies and tactics they were using to be successful and the importance of technology to their business.
Live Episode: Wednesday, July 27, 2016 at 12:00 pm ET. One of our predictions from a couple of years ago was that more companies would treat Supply Chain Design as a continuous business process instead of a standalone project or a once-a-year exercise. CHEP is a perfect example of a company that has transformed its approach to supply chain design to build a more agile and efficient supply chain.
by Melissa Clow This guest post comes to us from Argentus Supply Chain Recruiting , a boutique recruitment firm specializing in Supply Chain Management. Everyone knows the Supply Chain field is changing. Recently, one of the best Supply Chain Publications out of the U.S., Supply Chain 24/7, released a report that examines the demographic trends underlying the industry.
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.
If you have to sell your ideas about how to strengthen the supply chain to executives that control the purse, here are four tips from experts on pitching supply chain initiatives to the C-Suite. 1. Play to the C-Suite strategic mindset - “This audience is strategic and financially driven,” says Gartner analyst Pam Fitzpatrick in The Supply Chain Executive’s Playbook for Pitching New Initiatives to the C-Suite.
Five months of analysis. Lots of heated debates. It is now over. This morning we announced the Supply Chains to Admire Winners and Finalists for 2016. The research starts in April and stretches over many weeks as we analyze the different elements and understand the patterns of each industry. Why do we do it? Selfishly, we need a standard for our research, but we also want to help supply chain leaders gain new insights from a deep data-driven analysis.
With the emergence of new digital technologies and real time information update and exchange through web-based devices, eLogistics have transformed the traditional methods of transportation and trade logistics with integrated applications and the use of software means to enhance the commercial trading process. Several technologies are being developed to conduct international transactions and keep track of their shipment, while negotiating with freight companies, retailers and suppliers, the foll
Holiday peak season. New product launches. Flash sales. Does the mere mention of these make you anxious? In a supply chain, the balancing act of supply and demand can be tricky and at times costly. Forecasting, previously accepted as an art, now demands near science in order to succeed in today’s dynamic retail environment. However, your supply chain can only prepare for and react to the volumes based on the resources readily available within a […].
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.
“Not everything that counts can be counted, and not everything that can be counted counts.”. Quintiq’s CEO Rob van Egmond referenced that quote by sociologist William Bruce Cameron in his keynote presentation at Quintiq’s World Tour 2016 event in London a few weeks ago to drive home an important point: the reason most companies are in the “trough of disillusionment” when it comes to Big Data is because data by itself doesn’t deliver value; it’s the ability to make Big Decisions that matters most
by Alexa Cheater In 2013, global aid organization Oxfam launched the Behind the Brands campaign, aimed at driving awareness about the sustainability practices of some of the world’s largest and most well-known consumer companies. Amplifying the voices of key stakeholders like farmers, consumers, and investors, the campaign called on big brands to take action to improve social and environmental standards in their supply chains.
I had an informal discussion with a small group of FMCG Supply Chain VP/Directors last week. I well remember the occasion as it was the day UK had its annual summer but the discussion was memorable for more than that fact. After rushing back to base in the inevitable evening rain with my briefcase as the only shelter I wrote out some notes from the session and they worried me.
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