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As I participate in technology briefings with vendors, I am trying to piece together the future of supply chain management. For me it is not clear. I believe that supply chain leaders are in the middle of step change in process innovation driven by not one, but a confluence of technologies. In each briefing, presenters bandy about the word “digital” like I throw Parmesan cheese on a pizza.
by Dr. Madhav Durbha It is a great time to be a supply chain planning professional. Advances in processing power, networking, and storage aided by the enduring power of Moore’s law have opened doors for some exciting new developments in supply chain planning. Specifically for planners, the advent of real time planning , ability to process massive amounts of data, and the rise of machine intelligence are all opening up newer challenges and opportunities.
The Logistics Trend Behind The Latest Trend. Contributed Article. About the Author: Founder of ShipStarter, Kenneth is a 25+ year professional of the supply chain industry. He writes content for many of the world’s largest logistics companies, as well as on his own blog site. Are You Up With The Trends? Drinking matcha tea yet? Wearing wood sunglasses or bamboo hooded baby towels?
Modern supply chains have access to more information and technology than ever before, creating a new, digital supply chain. However, the digital supply chain has grown increasingly reliant on the use of “smart technologies,” such as those involved in automated data capture, analyses and the Internet of Things (IoT). In addition, these technologies can introduce a new level of visibility and improve overall operations, asserts The Manufacturer magazine.
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.
Last Saturday, we celebrated Earth Day, making this an excellent time for each of us to examine our own commitment to the environment. In recent years, businesses and consumers across the country have demonstrated that sustainability matters – both in terms of what they buy and how vendors are selected. In fact, 22% of U.S. based companies have a supplier sustainability scorecard that they may use in their purchasing decisions, and another 23% are developing one.
LoL. I have to laugh. Not to wax nostalgic here; but it has not been all that long ago that “trade promotion,” as a business process was looked upon as more of a necessary inconvenient evil rather than the mission critical sales and marketing asset it is today (and, frankly, ALWAYS has been!). What’s so funny? Well, for me personally, it is a validation of a life’s work.
LoL. I have to laugh. Not to wax nostalgic here; but it has not been all that long ago that “trade promotion,” as a business process was looked upon as more of a necessary inconvenient evil rather than the mission critical sales and marketing asset it is today (and, frankly, ALWAYS has been!). What’s so funny? Well, for me personally, it is a validation of a life’s work.
Timeless: not affected by the passage of time or changes in fashion. Last week I was on vacation in the Caribbean. I moved on island time. It is a slower, more relaxed pace. In the process, I thought a lot about the concept of time and how it affects our daily lives. Supply chains are anything but timeless. At a company, individuals define supply chain excellence based upon their own purview of time.
by Alexa Cheater Supply chain rigidity could be costing you billions. Getting the right product to the right people at the right time – that’s at the heart of what demand and supply planning is all about. But as anyone who works in supply chain knows, it’s a lot easier said than done. Forecasts are wrong more often than they’re right, and shifting consumer priorities means your supply chain has to be able to react to change and shift directions in seconds.
There is a general consensus among analysts that businesses organized around industrial age principles need to transform into digital enterprises … Continued. The post Defining the Digital Supply Chain is no Easy Task appeared first on Enterra Solutions.
Across a wide number of industries, the way companies interact with customers has changed dramatically. There is no shortage of claims that we have now entered the age of the customer. A golden age, where customer desires dictate the actions of companies. Through the hype, there is a lot of truth to these pronouncements. Companies are now, more than ever, responsive to the needs of customers.
What is the #1 technology topic Descartes CEO Ed Ryan gets asked about? Drones and its future in supply chain and logistics processes. Which is why a drone took flight from the stage during Ryan’s keynote address at the Descartes Evolution 2017 Conference a couple of weeks ago and broadcast real-time video of the audience as it flew across the front of the hall.
To say cross-border e-commerce is taking off like a rocket would be an understatement. With a growth rate of about 25% per annum and a market size expected to reach $1 trillion by 2020, the opportunities are tremendous. We asked DHL eCommerce CEO Charles Brewer to share some insights into the booming trend of cross-border e-commerce. With over 32 years of industry experience, covering multiple global regions and disciplines across Europe, Asia Pacific, the Americas and Africa, Charles is a prove
by Bill DuBois There have been some pretty significant revolutions throughout history. The French Revolution, the Industrial Revolution and the Chinese cultural revolution – just to name a few. Well, today I’m going to talk about the need for another revolution. A supply chain planning systems revolution. Will it be the stuff that future historians drool over or universities base curriculums on?
“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.
Putting the Consumer at the center of the supply chain universe In a previous post, Rise of Supply Chain Control. The post Building a Better Supply Chain Control Tower appeared first on The Network Effect.
The United States aerospace manufacturing industry is a highly competitive one. This is thanks in part to our unraveled supply chain, linking subsections like maintenance and repair with metalworking and avionics. These factors make aerospace manufacturing companies highly valued partners, even internationally. Although the aerospace industry employs countless hundreds of thousands of workers, robots are still necessary to complete many tasks.
I conducted my first research study on transportation management systems (TMS) back in March of 1999. Although TMS solutions had already been around for some time, the emergence of the Internet and the dotcom era opened a new and exciting chapter in the market. Many startups were launched at the time, but many of them ultimately failed or were acquired by larger competitors.
One of my tenants for good parenting is to understand that your child is likely moving at a much faster pace of emotion and intelligence than you did; and the continual challenge is to be out front of the issues and trends at least enough to be prepared to guide, counsel and nurture them as they move through each stage of life. We played with cap guns and toy soldiers – kids now play with HALO and wield Link’s sword in an all-to-realistic fantasy world of “Legend of Zelda.
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 discovered an interesting overview, Supply Chain Perspectives and Issues: A Literature Review by Park, Nayyar & Low (2013), which has been published by the World Trade Organization. It explicitly distinguishes between the economic and business perspectives on supply chains. Indeed, many supply chain phenomena take place somewhere between these two worlds, as the “supply chain” system is broader than the “organization” system and also different from the R
by Bill DuBois Much has changed in the world of supply chain since we published our last batch of supply chain jokes. Supply chain disruptions continue to be the norm. Cognitive computing, IoT and big data are changing the technology landscape. Shifting demographics and supply chain talent questions leave many of us in the field scratching our heads.
In this post I’ll examine some of the top trends and challenges that are impacting the pharmaceutical industry. In a. The post 6 Trends Shaking the Pharmaceutical Market appeared first on The Network Effect.
Unless your organization has been absent from the takeover of TMS in the conversations of online and print media, you have likely encountered plenty of reasons why a transportation management system (TMS) benefits shippers. Unfortunately, the information is not always clear, and figuring out if the investment into a TMS is worth it can be even more frustrating.
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.
When we talk about supply chain and logistics, we often focus on new and emerging business processes and technology — and those are certainly important and critical things for success — but at the end of the day, anyone who has been in this industry for a while recognizes that supply chain management is a relationship business, and relationships are critical for the success of any company.
Unless you happen to be one of the nearly 6 million people employed in the Wholesale Distribution Industry the impact and value of wholesale distribution goes mostly unnoticed by the average consumer. The fact is, the Wholesale Distribution Industry accounts for more than $5.5 trillion in global trade. In the United States alone, wholesale/distributor sales equal approximately $3.2 trillion , which also accounts for roughly 7% of private industry GDP since 1987.
“The hype surrounding Blockchain — also known as Distributed Ledger Technology — is in overdrive,” writes Andrew Sohn (@Molsonix). “Many … Continued. The post The Blockchain/Supply Chain Future appeared first on Enterra Solutions.
by Alexa Cheater How to overcome the Amazon effect. When it comes to supply chain excellence, particularly in the retail sector, there is one behemoth dominating the landscape: Amazon. Amazon supply chain management is driving innovation and change at a pace that’s putting the pressure on other businesses to find a way to keep up, or fold. The online retailer’s most recent patent focuses on drone technology, and would involve drones delivering packages with parachutes.
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.
An interesting article by Greg Brady in Supply and Demand Chain Executive delves into the true costs of ERP. This. The post The True Cost of ERP appeared first on The Network Effect.
How Big Is the Problem Of Inbound Freight Management? Inbound freight management is receiving a lot of attention as businesses continue to look for ways to manage shipping costs. If you’re looking to save costs on shipping, take a look at inbound shipping. Depending on the industry and size of the company, a business can spend more than 40% of its annual freight budget on inbound shipping, according to the Aberdeen Group, a research firm in Boston.
Author’s son at finish of first varsity 2-mile race. “Remember, focus on pace, not place,” I call out to my son as he and the other runners step out on the track and to the starting line. My son is a freshman in high school, and although he has played baseball since he was 5 years old, his new passion is running, which was my sport in high school too.
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