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It was an early morning. I cradled my cup of tea in my hand. It had been a long night. However, I had little time to be tired. The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” I smiled. As we talked the adrenaline started to pump. I asked for a black marker to draw on the board in the room and replied, “If only it was that easy!
Bringing Freight Online With WebCargoNet And Freightos. We have exciting news at Freightos – we’re proud to announce that we’ve acquired WebCargoNet , a leading logistics technology provider. But this story is more about a vision for a better future of freight, than just another acquisition. An Industry On The Verge Of Change. In many respects, this should be a good time for the logistics industry.
Demand variability is a problem even with fast moving items (shown on left), but especially with slow moving items (shown on right) and promoted goods. According to the new 2016 Gartner-SC Digest Supply Chain survey, forecast accuracy and demand variability are the top barriers preventing their companies from reaching their supply chain goals, according to the highest percentage of respondents.
In a time when the term ‘disruptive’ is being over-used I find myself increasingly using the term when describing the impact of our product to clients and prospects. It’s uncomfortable because prior to starting with AIMMS two years ago, I spent 20 years in consulting and IT services and experienced many terms being over-used (such as ‘optimized’ or ‘disruptive’).
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 Dr. Madhav Durbha It is a great time to be a supply chain professional. Emerging technologies such as Internet of Things (IoT), Cognitive computing, and Augmented Reality are creating new challenges and new opportunities for supply chain management (SCM) professionals. Rise of real time technologies are blurring the lines between planning and execution.
As reported by TechCrunch last week, Symphony Commerce , a provider of cloud technology for e-commerce platforms, is raising $11 million to grow its fulfillment business. Investors include Charles River Ventures, Blue Cloud Ventures, Bain Capital Ventures and FirstMark Capital. According to the article: Symphony, which helps companies like Gatorade and Hershey’s manage their web business, is doubling down on its logistics services [emphasis mine], by helping these brands enable faster shipping.
As reported by TechCrunch last week, Symphony Commerce , a provider of cloud technology for e-commerce platforms, is raising $11 million to grow its fulfillment business. Investors include Charles River Ventures, Blue Cloud Ventures, Bain Capital Ventures and FirstMark Capital. According to the article: Symphony, which helps companies like Gatorade and Hershey’s manage their web business, is doubling down on its logistics services [emphasis mine], by helping these brands enable faster shipping.
It is Sunday. Today, I assume a familiar position. Now a ritual, with coffee in one hand and country music blaring, I sit in my faded green chair to write a blog post. I have done this for seven years. This afternoon, I am writing my 334th blog post. I will also pen my 95th report for this week’s Supply Chain Insight’s newsletter. We now reach 23,000 supply chain leaders globally with our newsletter and have over 50,000 views/month on Slideshare.
The supply chain as we used to know it is changing – and these changes are impacting not only retailers, but a variety of businesses and industries. An increasing number of businesses that never had to worry much about shipping are finding themselves competing with experienced and emerging retailers. Just look at how major pharmacies and healthcare providers are rolling out ship-to-home medical supply services.
break through that. Editors Note: A few weeks ago, we published a blog describing why most CPG companies have hit a demand forecasting ceiling. This week Manoranjith Pathekkara, managing director of ToolsGroup's partner in India LogicaMatrix ( www.logicamatrix.com ), digs into an area where many companies are breaking through that ceiling. Many consumer product companies are showing keen interest in Demand Sensing and it is much talked about today.
In a time when the term ‘disruptive’ is being over-used I find myself increasingly using the term when describing the impact of our Prescriptive Analytics product to clients and prospects. It’s uncomfortable because prior to starting with AIMMS two years ago, I spent 20 years in consulting and IT services and experienced many terms being over-used (such as ‘optimized’ or ‘disruptive’).
Strengthen your operations with the Supply Chain Resilience Checklist. This practical, easy-to-use tool helps your organization prepare for disruptions and ensure long-term continuity in an unpredictable world. Why Download: Identify and assess critical supply chain risks Ask the right questions to evaluate vendor preparedness Implement effective strategies to reduce vulnerabilities Improve communication, transparency, and coordination across your network What You’ll Learn: How to evaluate and m
by Alexa Cheater It’s Time for the Evolution of Supply Chain: 4 Characteristics to Watch for With Supply Chain 2.0. The right product, at the right place, at the right time. The decades-old challenge of supply chain is now more difficult to solve than ever before. Globalization, market volatility, demanding consumers, vast amounts of data—it’s no wonder past strategies are failing to solve today’s mounting challenges.
Technology and Culture. The Cultural Obstacles to Better Logistics. Zvi Schreiber | CEO, Freightos. A version of this article originally appeared in The Journal of Commerce (August 6, 2016). When Apple released its pocket-sized personal computer, promising unprecedented connectivity, the industry got excited. Five years later, production of the failed Newton PDA was canned.
On Sunday, I spent the day at the Barnes Foundation with an old friend Karen. I love art museums, and connections with old friends are great for the soul. The Barnes Foundation is an incredible exposition of some of my favorite artists–Matisse, Modigliani, and Picasso. It was a good day. As Karen and I set out on foot, my legs, tired from ballet classes, and my body weary from a tough week on the road struggled.
In June the citizens of the United Kingdom voted to leave the European Union. As a result, the political system is in a state of chaos as the various parties jockey for control. Some of the changes expected from a Brexit (i.e. British Exit) vote have already happened. A week from the referendum, the pound was down 10 percent against the US dollar and eight percent against the Euro.
Speaker: Lee Andrews, Founder at LJA New Media & Tony Karrer, Founder and CTO at Aggregage
This session will walk you through how one CEO used generative AI, workflow automation, and sales personalization to transform an entire security company—then built the Zero to Strategy framework that other mid-market leaders are now using to unlock 3.5x ROI. As a business executive, you’ll learn how to assess AI opportunities in your business, drive adoption across teams, and overcome internal resource constraints—without hiring a single data scientist.
The winds of change are always blowing, but now, more than ever, logistics and supply chain professionals see it more than most. To keep pace with change, it’s important to keep an eye on the supply chain and logistics trends that are happening right now. In fact, they are likely to be indicators of what’s to come soon. To that end, here are 10 Supply Chain and Logistics Trends to Watch: Expansion of Same-Day Delivery.
Is Amazon a disruptor or a distraction for the logistics industry? That was the main question I addressed during my keynote presentation at the SMC3 Connections Conference last month, one of the leading events for transportation and logistics professionals. The question was triggered by all of the logistics-related moves Amazon continues to make, as evidenced by these headlines since last September alone: Amazon Buys Thousands of Its Own Truck Trailers as Its Transportation Ambitions Grow (Recod
by Palvashah Durrani The Devil is in the Data Details: Entering a New Global Market. So you’re about to launch into a new global market. It’s thrilling, full of potential, and has its own set of opportunities and challenges. One of these challenges that you might not think of immediately is big data in your supply chain —specifically the quality of your data.
With millions of animals being processed in one single production plant, meat is definitely a complex business. Whether you’re processing pork, beef or poultry, the challenges are very similar. Meat manufacturers usually suffer from the lack of cross-functional visibility as well as cross-company visibility. Everything starts and ends with the planning department, resulting in a high-stress environment for planners at meat manufacturing facilities: If a customer’s order was missed, or if there’
The race to dominate AI is no longer about who has the smartest algorithms — it's about who can build and scale faster. Behind every AI breakthrough lies a battle for resources: data centers, compute hardware, power, and telecom infrastructure. And right now, even tech giants are hitting a wall. Our latest white paper reveals the six critical supply chain elements that are increasingly separating AI leaders from the rest.
There is a lot of talk about the Internet of Things (IoT); but, most analysts agree that the IoT is … Continued. The post The Internet of Things will Help Transform the Supply Chain appeared first on Enterra Solutions.
Leading pharmaceutical and biotech companies must continue to adapt to increasing global competition, regulation, and pricing pressures. In response, the pharmaceutical industry is undergoing a major value chain transformation.
Modern distribution technology has significantly changed how suppliers get their products to end-users, and consumers are driving changes in how Distributors use technology to better their business processes. As a result, you need to understand what distribution technology trends, as explained by Advantage Business Media and Lindsay Konzak of Modern Distribution Management , are being seen in today's distribution network and how they will impact future operations. 1.
When it comes to the Internet of Things (IoT), the hardest thing for many companies is knowing where and how to begin, especially with so much buzz and hype swirling around in the market. What should the first step be? “As with any project, start with defining your problem,” advised Kristi Montgomery, VP of Kenco Innovation Labs, in a recent episode of Talking Logistics.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
by Alexa Cheater Struggling with the reality of not being able to easily consolidate data, global telecommunications company Sonus Networks was dealing with delays in understanding the impact of changes to its supply chain plans. The result was difficulty in meeting customer demand in a timely and efficient manner. To combat its planning issues, Sonus took four steps to improve demand, reduce inventory, and share information better across the entire network.
I believe they need to be, if you want to unlock efficiency, increase savings and boost profits. Not convinced that your warehouse and transport teams need to collaborate? Here’s a story that will make things clearer. It´s the same procedure every day. Steve, the head of transport at a large retailer and Eddie, the head of warehouse operations both look at their daily operations from a very different angle.
I touched on the problem of expanding UK waistlines a few blogs ago and the topic popped up again recently when I was out and about shopping for clothes – no, not me. This is not as regular an event as it may be for senior management but due to the imminent arrival of a few dry and summery days, I was in need of new shorts and T-shirts.
Many, if not most, business analysts agree that companies organized around industrial age business models are unlikely to survive if … Continued. The post Cognitive Computing: Beyond the Digital Enterprise appeared first on Enterra Solutions.
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.
The Internet has already transformed the way individuals interact, make choices, and process information. In the shipping and manufacturing industries, that same “worldwide web” is now being deployed to encourage more energy-efficient operational and communication strategies for a low-carbon economy, thanks to IoT Tech. IoT Tech is Driving Sustainability in the Supply Chain.
Two weeks ago, I wrote an article about our just released market study on the Global Trade Management (GTM) market outlook. GTM solutions streamline and automate processes related to customs and regulatory compliance, global logistics, and trade financing. By doing so, GTM solutions facilitate the flow of information, money, and goods in global trade supply chains that include buyers, sellers, and intermediaries, including customs agencies, banks, and freight forwarders.
by Steven J. Puricelli Last month, I launched a new blog series on sales and operations planning (S&OP). I outlined a number of important topics I plan to explore this summer. Building upon my post about the ownership of S&OP , it’s time to talk about defining the operating model for S&OP. Executives frequently ask: “How should I structure S&OP and organize it to account for different divisions, brands, or geographies”?
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