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The New World Of Warehousing with Matt Fain. Matt Fain and Joe Lynch discuss the new world of warehousing. Matt is the Co-Founder and CEO of popcapacity , which is dedicated to simplifying the process for sourcing warehouse space. About Matt Fain. Matt Fain is the Co-Founder and CEO of popcapcity , which provides a cloud-based platform that enables shippers and suppliers to seamlessly connect.
Increasing scrutiny of labor practices requires supply chain technology that proves accountability and compliance. Key Takeaways. Consumers are demanding greater transparency and want more information about worker treatment in the supply chain. . Lack of transparency also carries a huge reputational risk. Companies are using social audits, which are often ineffective without essential support. .
Mi9 Retail’s Demand Management business was formerly known as JustEnough Software. Combined company gives retailers a powerful new technology arsenal to efficiently improve product availability under constrained supply and outperform the competition. Acquisition coincides with significant new growth investment from Accel-KKR. BOSTON (Nov 8, 2021) – ToolsGroup , a global leader in supply chain planning and optimization software, today announced its acquisition of Mi9 Retail’s Demand Management b
Product lead time is crucial in the life sciences industry and represents a key consideration for customers’ purchasing decisions. For this reason, BD Biosciences aimed to optimize its global supply and distribution network to reduce delivery lead time to customers and optimize its global inventory. How was BD Biosciences successful in reducing global distribution lead times between 30% and 60% in addition to: Increasing agility to prioritize urgent and ad-hoc customer requests Increasing global
Supply Chain: Cash or Trash with Seth Page. Seth Page and Joe Lynch discuss supply chain: cash or trash. Seth is the COO of ThroughPut.ai , an artificial intelligence (AI) supply chain pioneer that enables companies to detect, prioritize and alleviate dynamic operational bottlenecks in real-time. Webinar – Demand Planning in VUCA Times with Ali Raza.
It’s rare for ocean liners like Maersk to live in the same category as tech giants like Amazon or Alibaba. But more blatantly than ever, container liners – and especially Maersk – are on a collision course with the tech companies that provide digital infrastructure for selling goods. And both shifts will have major ramifications on customers – importers, exporters, and online sellers.
Artificial intelligence, machine learning, big data, blockchain – the list of emerging digital technologies is long. There is much discussion on their application and use and they are omnipresent in today´s society. Furthermore, they also have large impacts on companies and especially their supply chains. Companies realize that they do not only need to look.
The 21st Century has seen tremendous innovation in supply chain technology driven by the internet, web services, mobile technologies, GPS, cloud computing, and so many other developments. What is the next evolution in supply chain technology? What factors are driving it and why is this important for supply chain professionals? Those are the main questions.
Nestle SA, Pepsico Inc. and 25 other companies are backing a project that calculates a product’s environmental impact from farm to store and then grades it with a color-coded label. It’s the first time a partnership this big is working to find a one-size-fits-all way to assess the supply chain.
Robots are a cornerstone of a smart factory, automating a wide range of manufacturing tasks that are monotonous, physically straining, or even hazardous. However, real-world robotics deployments have not lived up to the revolutionary potential the industrial sector had originally envisioned. Robot implementations are typically confined to specific applications, carry high costs, and are time-consuming.
Is Sustainability Really a Problem with Matt McLelland. Matt McLelland and Joe Lynch discuss is sustainability really a problem. Matt is the VP of Sustainability and Innovation at Covenant Transport Services , a premium service provider of transportation services with focus on temperature controlled products, regional, and long haul delivery. About Matt McLelland.
Over a century ago, the late English educator Frederick William Hackwood wrote, “Man has to eat to live; and to this primary condition of life he raises no particular objection. Man, indeed, eats and drinks with gusto; and not unfrequently, let it be confessed, without actual necessity.” Whether you eat to live or live to eat, one thing you don’t want to eat is tainted food.
For logistics leaders, continued supply chain volatility has increased the use of shorter-term contracts and reliance on the spot market to access freight capacity. According to FTR Transportation Intelligence, contract truckload rates are 10% higher year-over-year. Rates are expected to remain above that level for the remainder of 2021 — and likely beyond.
Jordan Strauss, managing director in the Forensic Investigations & Intelligence Practice of Kroll, LLC, details the major risks of corruption existing in supply chains today, and offers tips on addressing them.
By Angel Mendez (pictured). Executive Chairman of LevaData. The post The New “Survival of the Fittest” for Supply Chain Management appeared first on IT Supply Chain.
A score of years ago, my friend Dr. Thomas P.M. Barnett wrote, “The defining achievement of the New Economy in the globalization era will be the Evernet, a downstream expression of today’s Internet, which most of us still access almost exclusively through bulky desktop personal computers anywhere from a few minutes to several hours each day. Over the next ten or so years, this notion of being ‘online’ versus ‘offline’ will completely disappear.”[1] Over the intervening decades, we have witnessed
One of the things that makes supply chain management so complex and challenging is that there are so many dimensions to it. One of those dimensions is inbound logistics and supplier management, which often doesn’t get as much attention as the outbound side. What are the main challenges companies face with supplier management and the. Read more Supplier Management: An Important Piece of Your Digital Transformation Puzzle.
A supply chain consulting arm is essential to modern-day commercial real estate brokerage firms, says Joe Dunlap, managing director of the supply chain advisory of CBRE.
“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.
Two predictions have come true during the pandemic. In a 2015 TED talk, Bill Gates warned about the spread of a potential virus and that organizations and governments were not prepared for it. A year before, in 2014, a Harvard Business Review article pointed out that supply chains were becoming increasingly global and complex and consequently more at risk than before.
When you need to make quick, high-confidence supply chain decisions in near-real-time, nothing beats a digital supply chain twin. However, if you’re laying out a three-to-five-year strategic plan, well, you may be barking up the wrong tree. As you might imagine, in Chainalytics’ supply chain design practice, we often have clients asking about developing a … The post A Digital Twin Is a Great Tool, but Is It What Your Supply Chain Needs?
Back in March 2014, I wrote the following in Keeping Control: What 3PLs Must Convince Their Customers: For many years, companies viewed logistics as a cost center, a “non-core” business function that made more sense for a third party to manage. Logistics professionals, as well as analysts and consultants, always hated this “cost center’ characterization, Read more Taking More Direct Control of Your Supply Chain.
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
The electronics industry has experienced dramatic changes on the customer and supplier side in the last 18 months – from sudden purchasing changes by customers to shortages of parts and components from suppliers. Given the radical changes of the pandemic, one strategic question electronics manufacturers should be asking themselves is whether they are prepared for further changes in the coming five to ten years.
By Emma Sutton (pictured). Chief Customer Officer, EMEA Business Transformation Oracle Consulting. The post UK economic growth slows sharply; what’s next for businesses? appeared first on IT Supply Chain.
Confused about supply chain KPIs and performance benchmarking? Here are some tips on how to use them together. Related articles on this topic have appeared throughout our website, check them out: How to Select the Right KPIs for Supply Chain Benchmarking. 11 Golden Rules for Meaningful Supply Chain KPIs. KPI Key Performance Indicators in Supply Chain & Logistics.
Global supply chains were clearly in trouble before COVID-19 arrived on the scene, but when it did, the weakness of our time-honored strategies for procurement, production and delivery became shockingly evident.
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.
Calling myself a Taylor Swift fan would be a gross understatement. My younger friends would say I’m a stan , but the label I’m most comfortable using for my 16-year obsession with the 11-time Grammy Award winner is that I’m a “Swiftie,” the nickname lovingly donned by millions of other superfans around the globe. Here’s the thing about us , Swifties — we will defend Tay at all costs.
By Sophia Shats (pictured). VP Global Marketing at MPO. The post The Top Hurdles to Implementing Supply Chain Visibility – And How to Make the Leap appeared first on IT Supply Chain.
One of the best things about an adaptive ERP solution in the cloud is the way it facilitates communication and collaboration with all your trading partners. Whether it’s enabling your customers to enter or manage their own orders over the internet or quickly communicating schedule and demand changes to your suppliers, cloud-based ERP has helped thousands of manufacturing companies manage the current global supply chain snarls.
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