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Today I would like to introduce you to our new article entitled Thinking Differently About Supply Chain Resilience: What We Can Learn From Social-Ecological Systems Thinking , which is the result of an exciting collaboration with Mark Stevenson, Steven A. Melnyk, Simin Davoudi, and Lisen Schultz. We argue that the supply chain resilience literature should be expanded to include insights from the social-ecological systems literature.
Version 8.60 of ToolsGroup’s award-winning software elevates forecasting and new product launch capabilities and deepens machine learning and AI utilization. BOSTON — February 28, 2023 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, has announced the latest version of its Service Optimizer 99+ (SO99+) software, making major advancements in its forecasting and demand sensing capabilities.
Ivalua Blog [ivory-search] Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike February 10, 2023 | | Procurement Strategy Mitigating EMEA Inflationary Pressures Through S2P Solutions In the EMEA region, organizations are increasingly facing an uphill battle against inflation – one that can be particularly hazardous when it comes to making procurement decisions.
To Invest In Resilience, Invest In Suppliers by Sarah Scudder , Marketing Maven at SourceDay Supply chain disruptions. They’re here to stay. Over the next ten years, disruptions could cost companies half a year’s profits or more, and for most, a single prolonged shock to production could wipe out 30-50% of annual earnings before interest, taxes, and depreciation.
Arguably the most important element of any Route to Market strategy for a consumer goods company is its Distribution Strategy. Very often, when results are not coming in, the distributors get the blame and may even be replaced. Too often, their replacements perform in a similar fashion. Why is this?
Powerful, AI-driven dynamic planning is good news for everybody – from executives to planners to consumers. At ToolsGroup, we spend a lot of time working and partnering with our customers to overcome their top supply chain challenges. That’s why we eat, sleep, and breathe innovation and never stop looking for ways to help our customers get the most out of their partnership with us and make their supply chains a force for good in the world.
Powerful, AI-driven dynamic planning is good news for everybody – from executives to planners to consumers. At ToolsGroup, we spend a lot of time working and partnering with our customers to overcome their top supply chain challenges. That’s why we eat, sleep, and breathe innovation and never stop looking for ways to help our customers get the most out of their partnership with us and make their supply chains a force for good in the world.
Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. The pandemic saw incredible growth in this area and highlighted opportunities for improvement within procurement processes and procedures.
The Green Corridor: Digitise Wisely to Reduce Emissions by Timothy Foote , Founder of Susymbio Digitisation in the logistics and transportation industry produces efficiency gains for nearly all players in the economy today. Efficiency generally leads to less power being used and therefore less fossil fuels being burned. That said, with our increased productivity there is also an increased volume of services being carried out.
With ToolsGroup’s suite of planning solutions, the cosmetic company wants to balance inventories and service to make better, smarter and faster decisions within its supply chain network. BOSTON — February 23, 2023 — ToolsGroup, a global leader in retail and supply chain planning and optimization software, has been selected by Belcorp , a beauty corporation, to improve its supply chain planning practices for enhanced inventory performance and elevated service levels.
“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.
Recent events have elevated supply chain to a top priority for CEOs across the globe. The Conference Board ( conference-board.org ), a well-known, global business membership organization, conducted its C-SUITE OUTLOOK survey in the fall of 2021. Its survey results showed supply chain disruptions, labor shortages, and rising inflation to be 3 of the 5 high impact external factors on the minds of CEOs.
The traditional lines between software vendors and 3PLs, and between the front-end of e-commerce and the back-end, are all starting to blur and dissolve. I wrote that back in August 2016 in “The Convergence Of Logistics And Commerce (And Social Networking Too).” The post was in response to news at the time that Symphony Commerce. Read more The post The Ongoing Convergence of Logistics and Commerce appeared first on Talking Logistics with Adrian Gonzalez.
Courtney Folk and Joe Lynch discuss the Renewal Logistics story. Courtney is the Co-Founder and CEO of Renewal Logistics , a full-service apparel fulfillment company that is the largest independent apparel restoration company in the US. About Courtney Folk Courtney Folk is the Co-Founder and CEO of Renewal Logistics, a full service apparel fulfillment company that is the largest independent apparel restoration company in the US.
For decades, engineer-focused software has dominated the supply chain network design world as well as the optimization world in general. Originating in the 90s, these pieces of software have become increasingly powerful, but also increasingly complex and “touchy.” The requirements for excellent data, highly trained engineers, and significant time to model has become prohibitive to rapid decision-making.
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
Supply Chain Resilience Depends Upon End-to-End Visibility Service companies, where one firm takes over a set of duties that used to be done in-house, is quite common. Companies are outsourcing all sorts of things – call centers, janitorial services, accounting, IT services, and the list goes on. In the supply chain world, contract logistics – where a third-party logistics (3PL) firm runs and manages warehouses on behalf of their clients, is a $200 billion plus market.
What is supply chain innovation? In a 2013 white paper, the MIT Center for Transportation & Logistics defined supply chain innovation as “the combining and application of a mix of inventions, existing processes, and technologies in a new way that achieves a desirable change in cost, quality, cash and/or service.” A lot has changed over. Read more The post The State of Supply Chain and Logistics Innovation appeared first on Talking Logistics with Adrian Gonzalez.
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.
Chris Caplice and Joe Lynch discuss MIT Center for Transportation and Logistics and a wide range of logistics and supply chain topics. Chris is a Senior Research Scientist at MIT and serves as the Executive Director of the MIT Center for Transportation & Logistics (CTL). About Chris Caplice Dr. Chris Caplice is a Senior Research Scientist at MIT and serves as the Executive Director of the MIT Center for Transportation & Logistics (CTL) where he is responsible for the planning and managem
Supply chain issues have put many companies into crisis mode. Avert crises and manage your supply chain more efficiently with optimized allocation of constrained supply. It is challenging to deploy products quickly and efficiently when dealing with insufficient stock to support demand, or when a customer asks for different product compositions or assortments.
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.
There are numerous indications that supply chain is more critical than ever. Results from The Conference Board’s C-SUITE OUTLOOK survey showed supply chain disruptions, labor shortages, and rising inflation to be 3 of the 5 high impact external factors on the minds of CEOs. In addition, the Board asked executives what steps they were taking in response to the war in Ukraine.
In December 2013, the Wall Street Journal reported that Home Depot planed to spend “at least $300 million on supply chain, technology and online improvements in the fiscal year that begins in February [2014], including building new fulfillment centers and overhauling its warehouse technology systems” to enable same-day shipping and delivery of orders.
Brian Gibala and Joe Lynch discuss 5 things your carrier wants. Brian serves as Vice President of Sales at LTI Trucking Services , an asset-based truckload carrier and 3PL specializing in temperature-controlled contract service. About Brian Gibala Brian Gibala is the VP of Sales at LTI Trucking Services, an asset-based truckload carrier and 3PL specializing in temperature-controlled contract service.
Savvy B2B marketers know that a great account-based marketing (ABM) strategy leads to higher ROI and sustainable growth. In this guide, we’ll cover: What makes for a successful ABM strategy? What are the key elements and capabilities of ABM that can make a real difference? How is AI changing workflows and driving functionality? This Martech Intelligence Report on Enterprise Account-Based Marketing examines the state of ABM in 2024 and what to consider when implementing ABM software.
In a series of blog articles, the Product/Solutions Marketing team explores new business challenges and innovation solutions to change the game and manage disruptions. The following are the insights gained from my discussion with Sunil Roy , who leads Blue Yonder’s Industrial Manufacturing Industry Strategy, during a recent Blue Yonder Live and executive customer events that we prepared for jointly.
For Amazon employees, it’s time to get back on the train. At least at Amazon corporate, that is. In October 2021, Amazon adopted a flexible approach to let managers of individual teams decide how many days corporate employees would work in the office. But the times are changing. Last week, the company announced that three years after the Covid pandemic sent workers home, it is planning to require employees to be in the office at least three days a week.
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