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At the forefront of every change and disruption is an operations function, stretching beyond the day to day to redefine a company’s position for growth. Inventory buffers are recalculated and reallocated to fend off unnecessary regional shortages and surpluses. Plant output and capacity are reconsidered as consumers evolve and labor costs rise. Even geopolitics, technology, climate change and disease are shifting decisions on how to produce and deliver goods.
The problem with most supplier risk assessments is that they’re focused on the highest-volume direct suppliers. This leaves companies blind to major risks in the lower tiers of their supply chains. Resilinc’s analyses of supply chain disruptions—based on our 10 plus years of EventWatch supply chain monitoring data—shows that about 80% of disruptions occur in the lower tiers.
Understanding Retail Supply Chain Management – Moving To The Next Normal. You might wonder, what does a retailer have to do with supply chain management? Let us see some numbers before we answer that. 84% of consumers say that they are unlikely to shop with a brand again if they receive a poor delivery experience and 98.1% of shoppers say that delivery experience greatly affects their brand loyalty.
Most successful companies complete annual strategic business plans in order to identify and execute upon growth opportunities. Likewise, many growth-oriented companies employ supply chain planning (SCP) software to facilitate their growth and improve efficiency and customer service. However, few fully integrate their SCP strategies into their strategic planning.
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.
It’s easy to overlook the role that 3PL providers play in the overall global economy and, at the same time, enable your business to operate and compete. That was never more clear than during the past 14 months of the pandemic as goods continued moving to the right place at the right time. Logistics was genuinely essential to people being able to continue their lives, no matter how disrupted they were.
The SVP of Supply Chain at Walmart speaking at Blue Yonder’s virtual user conference. Walmart has been very open about what it takes to compete with Amazon. Following their fourth quarter results, top executives talked about their supply chain and omnichannel strategy at a high level. Brett Biggs, an executive vice president at Walmart, summarized the investments by saying the retailer is spending on increased fulfillment capacity, supply chain, automation, and technology.
The SVP of Supply Chain at Walmart speaking at Blue Yonder’s virtual user conference. Walmart has been very open about what it takes to compete with Amazon. Following their fourth quarter results, top executives talked about their supply chain and omnichannel strategy at a high level. Brett Biggs, an executive vice president at Walmart, summarized the investments by saying the retailer is spending on increased fulfillment capacity, supply chain, automation, and technology.
The Blurred Lines Between Retail and DTC with Guy Courtin. Guy Courtin and Joe Lynch discuss the blurred lines between retail and DTC. Guy Courtin is Vice President and Industry Principal of Retail at Tecsys, a global provider of supply chain solutions that equip the borderless enterprise for growth. About Guy Courtin. Guy Courtin is Vice President and Industry Principal and Retail at Tecsys , a global provider of supply chain solutions that equip the borderless enterprise for growth.
“I do not need a Production Scheduling solution!”. You may have heard this statement if you are advocating for a Production Scheduling solution in your company. However if your company needs to reduce manufacturing lead times, streamline inventories, boost efficiency, make the right promises to your customers, and all of this at the same time, you need to challenge this status quo.
On January 13, 2021 the United States Customs and Border Protection (CBP) expanded the blanket Withhold Release Order (WRO) initially issued on December 2, 2020 and will detain all shipments containing cotton, cotton products and tomato products originating from the Xinjiang Uyghur Autonomous Region (XUAR). Here’s an excerpt from the January 13 statement: The U.S.
Demand modeling is different from demand forecasting. Simply put, it doesn’t forecast demand, it models demand. Forecasting typically starts with a time series of data—usually presented as a bar chart displaying demand by month or by week. It makes a projection of what will occur in future months based on what’s happened in aggregate over the last months or years.
Consumers have grown to expect quick shipping and frequent status updates with every order they place. Shippers are scrambling to keep up with these new standards while strengthening their logistics operations. It is especially challenging to make sense of the overwhelming amount of data supply chains are producing as operations ramp up to match demand. […].
I first wrote about the cyber threat to supply chains almost 7 years ago in The Hackers Inside Your Supply Chain. Two years later in The Day A Cyber Attack Brings The World’s Supply Chains To A Halt, I wrote: The threat of cyber attacks has only intensified since [2014], and as our supply chain. Read more Cybersecurity: Is It A Priority In Your Supply Chain?
Hello and Welcome to the Week in Review! This is the weekly blog post for a one-look overview of what happened in the DELMIA Communities this past week. But there is a lot more than what is below. Visit the communities to see the exchange of information and ideas between members and DELMIA experts. With eight active communities, you are sure to find at least one to suit your DELMIA interests.
“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.
New global survey finds that companies executing digital planning transformations are better managing COVID-related demand and supplier uncertainty. BOSTON, May 12, 2021 – A new study by ToolsGroup, a global leader in supply chain planning software , and the Council of Supply Chain Management Professionals ( CSCMP ) has found that only 3% of companies experienced no COVID-related business impact, and 42% of organizations say the pandemic has accelerated their digitization plans.
In the now pandemic world of 2021, safety concerns grow more every day, leaving the shipper of choice, or preferred shippers, to reassure carriers worldwide. Not only does e-commerce continue to expand each year, but it was also made particularly difficult by the pandemic. Supply chain experts must adapt to a new normal , and with this comes new considerations and preparations for companies that wish to retain that status.
Companies across virtually all industries are looking for ways to drive profitable growth. After capturing many of the “low hanging fruit” benefits from ERP, CRM, and other supply chain applications, many companies are now asking, “Where is the next big opportunity to realize significant business benefits?” For many, the answer is Price Optimization.
Supply Chains in VUCA Environments with Jim Tompkins. Jim Tompkins and Joe Lynch talk about Supply Chains in VUCA Environments. Jim is the Founder and Chairman of Tompkins International, a company that helps clients achieve supply chain excellence and profitable growth. About James Tompkins. Dr. James A. Tompkins is the Founder and Chairman of Tompkins International.
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
Recently, I introduced you to the Enchange Supply Chain House ; the one stop shop for all of the elements you need to allow your supply chain to operate effectively. The all-encompassing Planning function was the focus of the most recent article and this time we look at Source or Sourcing and this discipline is not as straight-forward as the name may suggest.
By now you’ve probably heard about the ransomware attack that shut down the Colonial Pipeline — a 5,500-mile-long pipeline that carries approximately 45% of gasoline and diesel fuel from the South to the U.S. East Coast. Journalists Collin Eaton ( @CollinEatonHC ) and Dustin Volz ( @dnvolz ) report, “It wasn’t clear whether the attack was perpetrated by a nation-state actor or criminal actor.
Acquisitions and funding rounds dominated this week’s supply chain and logistics news. To paraphrase the Pet Shop Boys: Oh, there’s a lot of opportunities [in logistics]If you know when to take themYou know there’s a lot of opportunitiesIf there aren’t, you can make them(Make or break them) The song’s subtitle is “Let’s Make Lots of.
REDWOOD CITY, Calif., May 3, 2021 /PRNewswire/ — Ivalua, a leading global spend management cloud provider, and PwC, a trusted Ivalua implementation partner, today announced that Arkad S.p.A. has selected Ivalua’s platform to drive its Procurement digital transformation journey with PwC as implementation partner. Arkad S.p.A. is a world leading energy services group focused on delivering excellence in the oil and gas sector.
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.
Circular Supply Chains with Deborah Dull. Deborah Dull and Joe Lynch discuss circular supply chains. Deborah is the founder of The Circular Supply Chain Network where supply chain practitioners and thought leaders connect to explore how supply chain can accelerate the transition to a circular economy. About Deborah Dull. Deborah Dull is Founder of The Circular Supply Chain Network and a Principal of Manufacturing Product Management for GE Digital where she is responsible for circular economy, le
Recent supply chain disruptions exposed many gaps in the global trading system and geopolitical forecasting, while underscoring dangerous and expensive weaknesses in supply chain management.
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.
With the increased attention being given to climate change and being good corporate citizens, many companies have a renewed focus on sustainability and reducing their carbon footprint. But to achieve their sustainability goals, companies must understand the role and impact of emissions from their transportation operations. What are some of the challenges companies face in.
The Industrial Internet of Things refers to the way that smart machines can be connected to each other in a wider network where information from one machine can affect the…
The blockage of the Suez Canal by the Evergreen Line containership Ever Given sent a dire warning to global supply chains. As they outgrow transportation infrastructure, modern-day mega-vessels threaten to cause further disruptions to the flow of cargo.
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