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How to Select a Supply Chain Planning Tool. So you’ve finally had enough! You’ve just been chewed out by the Head of Accounts because she was forced to ship an order to a major customer two weeks late…and it’s your fault. This is not a unique conversation in your organization because your on time delivery is only about 75%… even among your A customers it’s barely 80%.
The COVID-19 pandemic has irrevocably altered the e-commerce environment. As a result, new market demands are straining retail supply chains worldwide due to strong digitalization and the exponential expansion of internet shopping.
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.
An increasing lineup of advanced digital solutions have given manufacturers the edge to transform and achieve better inventory control. The manufacturing industry is constantly searching for new and inventive ways to improve inventory management. From Vilfredo Pareto’s 80-20 principle to just-in-time and pull-based manufacturing, minimizing excess inventory has been a continuous quest—spurred on by the Fourth Industrial Revolution or Industry 4.0.
ARC recently attended the August 2021 New England Public Power Association (NEPPA) conference, where Gordon Van Welie, President & CEO of grid operator ISO New England (ISO-NE) described the challenges to maintain reliable, low-cost power, while meeting the urgent goals to decarbonize electric power. Gordon mentioned how obsolete regulations and policies are preventing the electric grid from efficiently making the right investments in the needed generation, transmission, and distribution ass
ARC recently attended the August 2021 New England Public Power Association (NEPPA) conference, where Gordon Van Welie, President & CEO of grid operator ISO New England (ISO-NE) described the challenges to maintain reliable, low-cost power, while meeting the urgent goals to decarbonize electric power. Gordon mentioned how obsolete regulations and policies are preventing the electric grid from efficiently making the right investments in the needed generation, transmission, and distribution ass
I’ve worked in enterprise supply chain technology for more than 20 years, and, especially in the earlier years, collaborated in teams where I was the only female in the room. Over time, I’ve been fortunate to work in groups where both men and women were well represented, and I’ve had excellent leaders who championed my career by giving me the freedom to chart my own path.
When many companies produce products, they also produce by-products. Often, they have no use for these by-products and so they are discarded or sold off as scrap. But companies that embrace sustainability do not accept this fate. Some companies have found a way to turn their waste streams into revenue streams. Sustainability in Supply Chain Planning: Waste or Revenue?
In the world of consumer goods and home and lifestyle, today’s fast-moving consumer trends demand fast delivery and quality at the lowest possible cost—for which lean programs in manufacturing are paramount. With the ever-present risk of potential disruptions to supply chain materials and manufacturing processes, lean programs have a pivotal role in ensuring competitiveness of operations and customer satisfaction.
Over the years, sustainability has been increasingly embraced by consumers and brands alike. For many, this has caused them to re-examine the foods that they eat. In recent years, there has been tremendous growth in the plant-based meat market, with new entrants joining those that have been around for decades. The plant-based meat supply chain is taking advantage of hiccups in traditional food supply chains, especially during the Covid pandemic.
If we didn’t know what real supply chain disruption was before, we do now. Events over the past 18+ months (COVID-19, Brexit, Suez Canal blockage, India-China border conflict, natural disasters, cyberattacks on pipelines and shipping lines) forced companies to find new ways to deliver goods and services, secure alternative sources for needed materials, and simply determine how to survive.
Anyone who has paid attention to the industry knows about the unprecedented trucking driver shortage impacting the transportation network supply chain. The connections between supply chain success, market trends, customer demands, supply chain technology , and future growth are easy to see. Understanding the cause of this shortage and its impact on the industry as a whole remains a critical step in working to respond and react to the disruption it has caused.
As highlighted in a June 2021 Wall Street Journal article by Bob Tita, Polaris, which manufactures boats, motorcycles, and other vehicles, is “changing its manufacturing and sales strategies on the fly to cope with shortages of materials and parts and an unreliable global transportation system that has disrupted precise production planning…The company is juggling 30.
Good help is hard to find. And finding good help has become increasingly difficult as the Covid pandemic has caused labor shortages across a number of industries. One industry that has been hit hard is the restaurant industry, where owners and managers are having an incredibly difficult time finding servers. One Connecticut restaurant is taking a unique approach to combatting the labor shortage: robot servers.
“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.
Stuck in a loop of fluctuating demand, capacity problems and ongoing disruptions, shippers and third-party logistics providers say they’re investing in technology that connects people, processes and information to navigate supply chain challenges, according to a new study.
Amazon’s Retail Strategy with Rick Watson. Rick Watson and Joe Lynch discuss Amazon’s retail strategy. Rick founded RMW Commerce Consulting , a boutique ecommerce consultancy that supports investors and management teams incubating and growing digital businesses online – both direct-to-consumer and B2B. About Rick Watson. Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the ecommerce industry with companies like
Who says there’s no such thing as a money tree? There’s at least one such tree in the supply chain and logistics forest, where technology companies and logistics service providers keep plucking its leaves. Check out the first ten news items below: they’re all related to acquisitions and funding rounds. I wish I had a. Read more Above the Fold: Supply Chain Logistics News (September 24, 2021).
The United Nations has predicted the agricultural industry will need to achieve a 70 per cent rise in overall food production in order to feed the estimated 9.1 billion people expected to be living on the planet a quarter century from now. That’s not much time to make such a dramatic jump in productivity. Many experts are hoping that digital agriculture (aka Farming 4.0) will be the answer to the challenge (see Part 1 of this article).
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
Transportation vs Logistics with Marty Wadle. Marty Wadle and Joe Lynch discuss transportation vs logistics. Marty is the Chief Commercial Officer of Ruan Transportation , a transportation company providing Dedicated Contract Transportation, Managed Transportation, Value-added Warehousing, and Brokerage Support Services. About Marty Wadle. Marty Wadle serves Ruan as Chief Commercial Officer.
Rapid Optimization of Contract Management, Supplier Management and Direct Materials Sourcing. Redwood City, CA September 21 , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions , today announced that Asian Paints successfully deployed Ivalua’s Contract Management and Supplier Information solutions to enhance their strategic sourcing processes.
Most people have heard the term “Industry 4.0” used to describe the emerging fourth industrial revolution. Some experts are now referring to the technological revolution unfolding in agriculture as “Farming 4.0.” Lenore Newman ( @DrLenoreNewman ), the Canada Research Chair for Food Security and the Environment at the University of The Fraser Valley, and Evan Fraser ( @Feeding9Billion ), Director of the Arrell Food Institute and Professor in the Department of Geography, En
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.
Women leaders from ATD, RAJA, and TireHub among the executives elevating supply chains for competitive advantage. BOSTON and MILAN (Sept. 21, 2021) – ToolsGroup, a global leader in supply chain planning software, is proud to announce that ToolsGroup customers Sarah Voorhees, senior director of demand and supply planning at American Tire Distributors (ATD); Michela Vesta, supply chain project manager officer at RAJA Italia (RAJA Group); and Nancy Triplett, director of supply chain at TireHub, wer
It’s no secret that the pandemic and its aftermath have created a very constrained transportation environment. There are about seven to eight loads for every truck available. So, what does it take to secure reliable and consistent capacity in today’s market? How do you build carrier loyalty? What is the role of TMS, freight matching. Read more Leveraging Digital Freight Tools to Build Carrier Loyalty.
With the world’s population continuing to grow and climate change altering growing conditions around much of the world, food security has become one of humanity’s most pressing issues. Half-a-dozen years ago, Rod Snyder ( @ RodSnyderWV ), President of Field to Market, explained the challenge ahead. He wrote, “Producing enough food, fiber and fuel for more than 9 billion people by 2050, while conserving natural resources is a challenge that has become increasingly complex.
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.
You might think that the recent spate of supply chain disruptions would have caused a stampede of manufacturers out of China, or at least prompted them to diversify sourcing. But that hasn’t been the case.
Most consumers have become comfortable shopping online due to the pandemic, but the rise in online shipments leads to apprehension about supply chain sustainability in eCommerce. High order volumes mean more parcel delivery trucks on the road, more packaging waste in the trash, and more power consumption in fulfillment centers, among other concerns.
By Alex Mills (pictured). Sales & Marketing Director at ProSKU. The post Price Too High? What Are You Comparing It With, & Why? appeared first on IT Supply Chain.
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