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Today’s supply chains are robust, global, and dynamic. Companies are relying more and more on third-party suppliers on the other side of the world for critical raw elements and materials. However, the inherent dangers of this are very apparent and the COVID-19 pandemic served as a wakeup call for CPOs to enact stricter sourcing and […]. The post 6 Benefits of Supplier Performance Management appeared first on ProcurePort Blog.
Cyberattacks seem to be growing in prevalence and severity, particularly those around the major supply chains in the US, including both the fuel supply chain and the food supply chain. On June 2, 2021, The Wall Street Journal reported that a ransomware attack against JBS had resulted in the cancellation of shifts across all US plants. Such an event has constrained the meat supply chain more than ever, sparking fears of massive food shortages, and it comes mere weeks after the other major cyberat
In many parts of the world, but unfortunately not all, consumers are seeing a light at the end of the tunnel. After nearly 15 months of minimizing and even avoiding shopping trips to protect their health, consumers are making their way back to the outside world. But while many of us are venturing out again, many of the shopping habits we picked up during the pandemic or accelerated aren’t going away.
Last year, I wanted to be a grateful child and buy a sweater for my father. It was father’s day, so I logged on to one of the prevalent e-commerce sites. I browsed and eventually found quite a few sweaters in green, my father’s favorite color. To my delight, I found one that was on promotion. I was excited to place the order right away so my present would arrive in time for Father’s day.
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.
Texas: It Ain’t Bragging, If It’s True with Jason Giulietti. Jason Giulietti and Joe Lynch discuss Texas: It Ain’t Bragging, If It’s True. Jason is the President of the Greater San Marcos Partnership , which is a regional economic development organization for the areas between San Antonio and Austin. The San Marcos area is booming and many think the city is on a path to becoming America’s next great metropolis. .
How much time, effort, and estimation goes into figuring out how much product is available for your sales team to promise? Reduce the workload and improve accuracy with automated order promising. Sales success relies on a seamless order process. If you cannot fulfill an order, your company cannot generate trust with its clientele. Even worse, customers will look elsewhere for the products they want, which impacts your company’s bottom line.
How much time, effort, and estimation goes into figuring out how much product is available for your sales team to promise? Reduce the workload and improve accuracy with automated order promising. Sales success relies on a seamless order process. If you cannot fulfill an order, your company cannot generate trust with its clientele. Even worse, customers will look elsewhere for the products they want, which impacts your company’s bottom line.
Supply chains, including dock and yard management and warehouse supervision, face significant challenges and have to deal with a seemingly never-ending string of disruptions and market fluctuations. From the increase in customer demands, dock scheduling needs, the steady rise of e-commerce, innovative retail shipping services, and just-in-time production practices, many challenges face the supply chain.
From a historical perspective, transportation management systems are all about freight savings. However, with the ongoing pandemic, and the resulting capacity crunch, TMS is trending more towards cost mitigation rather than savings. Manhattan Associates unveiled its latest TMS, Manhattan Active Transportation Management, last week during the company’s virtual user conference.
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.
BOSTON and BOULDER, CO (June 3, 2021) – ToolsGroup , a global leader in supply chain planning software , and Spinnaker SCA , an international provider of supply chain strategy, planning, and operational consulting services, are extending their partnership to bring digital supply chain planning solutions to more companies. The combined strength of ToolsGroup’s cloud-based Service Optimizer 99+ planning software and Spinnaker SCA’s deep industry expertise and planning methodologies enables joint c
Taking the time to perform what-if analyses on a regular basis with real and speculative events, gives planners tremendous insight into what parts of the supply chain are most sensitive to changes. As a result, planners will have a sense of what is a big deal and what is not. And when a crisis happens, they’ll feel confident in their ability to respond.
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Today’s article is from Open Sky Group and highlights the need for a smarter transportation management system. Dodge ball. Mention the game and almost everyone has something to say. But have you ever associated it with supply chain life in 2020?
With increasing pressure at plants and labs, consumer package goods (CPG) companies need to improve performance and resiliency as part of their digital transformation journey. The lab is no exception. Digital transformation of CPG operations is at an inflection point driven by new consumer and personalized health demands, including the demand for science-driven innovation, which has been impacted by the shift in category spending and connected experiences with personalized health.
Selecting the right supply chain planning technology isn’t simply about solving a current challenge. The implications are much broader–if you implement the wrong software, you hinder your organization’s overall supply chain strategy and business objectives. According to the 2021 Digital Transformation in Supply Chain Planning Survey , companies are increasing investment in digital planning technologies to help mitigate supply chain risk.
“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.
To stay competitive in today's ever-changing global markets, shipping companies and transportation service providers incorporate logistics technology into their existing supply chain management systems. Recently, consumer demands have shifted, and the supply chain's logistics have scrambled at times to move and adapt. Likewise, dock operations management has also discovered that the latest technology can help boost overall productivity.
From a historical perspective, transportation management systems are all about freight savings. However, with the ongoing pandemic, and the resulting capacity crunch, TMS is trending more towards cost mitigation rather than savings. Manhattan Associates unveiled its latest TMS, Manhattan Active Transportation Management, last week during the company’s virtual user conference.
If you dig into the definition of responsibility, you will see that it is rooted in phrasing that supports “one’s ability to respond.” Whether one chooses to respond is a different discussion, but if you are not first able, you cannot act on and control your response. The same could be said for agility. Agility implies that you or your company demonstrate agile behavior, so would not Agilibility suggest that you are able to be agile?
Almost every progress-oriented company wants it right now: artificial intelligence (AI). No, actually everyone wants machine learning, which is almost synonymous for many people.
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
As the supply chain industry launches into the era of massive e-commerce, implementing a dock and yard management solution seems inevitable and necessary. Except for the apparent benefits, the return on investment for integrating a dock and yard management solution remains successful given the industry's current state. The supply chain, in its entirety, continues to expand.
It’s the beginning of June, almost the halfway mark of 2021. How did we get here so fast? As we begin the sixth month of this year, may the days and weeks ahead, through hard work and the courage to change and innovate, lead us to a better future. That’s what I wrote a year. Read more Above the Fold: Supply Chain Logistics News (June 4, 2021). The post Above the Fold: Supply Chain Logistics News (June 4, 2021) appeared first on Talking Logistics with Adrian Gonzalez.
Traditional demand planning techniques rely on past data in order to forecast the future. They can also use event data that occurred at a certain point in the past in order to project the impact of that event happening again in the future. However, they do not take into account what is relevant data and what is not when historical training data becomes invalid.
ATLANTA – June 3, 2021 – Logility, Inc., a leader in supply chain innovation powering the sustainable and resilient enterprise, today announced its selection as a 2021 Inbound Logistics Top 100 Logistics IT Provider for the 24 th consecutive year. The selection recognizes Logility as a provider of technology solutions that drive successful supply chains.
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.
“There is a lot of hype and conjecture around the impact of emerging technology,” writes Mark Adams, regional sales director for UK and Ireland at Cohesity, “but one thing is certain: data is — and will continue to be — the key to digital business.”[1] If that key is going to open up opportunities for digital enterprises, data must be available to everyone who needs it.
A quick internet search revealed 129 examples where the initials DRS are used to describe something or a body or a process. While many are obscure, very obscure, two from the sporting arena and one from IT will be familiar to many readers.
More than 15 years ago, Walmart’s CEO at the time, Lee Scott, gave a speech titled “Twenty First Century Leadership” that arguably kicked off the supply chain sustainability era. Over the years, some companies have made sustainability a priority while others have not. What is the current state of supply chain sustainability? Is there a. Read more [Video] Technology’s Role in Enabling Supply Chain Sustainability.
The lessons of the last year confirm that if all inventory is in one place, any company, regardless of size, is vulnerable to material interruptions in the supply chain.
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.
Although every economic sector undergoes constant change, the retail sector has probably seen more changes in a shorter period of time than most other sectors. Vaibhavi Tamizhkumaran, a Digital Marketing Executive at Indium Software, writes, “The retail industry is constantly changing and will continue to evolve, from concentrating efforts on website growth and online retail to needing faster shipping speeds.
By Thomas Zanziger (pictured). CEO at inRiver. The post Manufacturers Need for Speed in a Digital World – Embracing AI & Automation appeared first on IT Supply Chain.
Every year as Pride month comes around, I talk a lot about courage. As a gay man who grew up on a dirt road in rural Louisiana during the ‘80s, I’ve needed enormous amounts of courage my entire life — the courage to stand up to bullies, the courage to come out to my conservative, religious parents, the courage to move across the country and live a life that’s open and free.
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