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Freight transportation is constantly defined by the ups and downs of the market. The pandemic has underscored this reality, and many are wondering if it is time to exit the rollercoaster ride and find a more efficient way to manage freight costs and capacity on an ongoing basis. As a result of recent market swings … The post Transportation Portfolio Diversity is the Antidote to Volatility appeared first on Chainalytics.
Since much of the previous year in business and elsewhere was defined by a global pandemic, we are left asking what will 2021 look like for food and beverage shippers. Food trends had an interesting 12 months as things changed quite a bit throughout the course of COVID-19. Right now, we are seeing a shift away from the big box brand purchasing that defined the spring of 2020 to food trends more in line with what we have seen over the past several years.
Henry Ford famously said of the Model T, “you can have any color you want, as long as it’s black.” Today, in the digital age, the ability to personalize has become a key strategy for winning market share. Yet a century later, a ‘one-size-fits-all’ approach to supply chain has persisted well beyond its apparent sell-by date. For example, a survey of 100 organizations found that only 8% of manufacturers had achieved an advanced segmentation capability.
As the logistics industry prepares for the 2021 supply chain trends, an uncertain future becomes the problem. According to Manufacturing.net: “Supply chains make up an essential aspect of most businesses today, with 70 percent of industry professionals predicting that the supply chain will spearhead better customer service before the end of 2020. So as the year has.read More.
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.
This year with the global pandemic, Black Friday was different from before. Luckily, we did not have to set up our camping tents in front of our favorite stores, but just logged in to their mobile apps. Online shopping has been on a steady rise since 2010. With the global pandemic, it became a necessity. Consumers who realized the ease of use of online shopping – choosing items from the warmth of their seat and […].
In almost every supply chain publication, you will find an article discussing digital transformation. Industry analysts, consultants, solution providers, executives and practitioners are all focused on how to transition from a traditional, analog supply chain to a more digital supply chain. This has never been truer than it is today. Digital supply chain capabilities enable more agility and resilience; two supply chain characteristics that are especially important in dealing with unforeseen disr
In almost every supply chain publication, you will find an article discussing digital transformation. Industry analysts, consultants, solution providers, executives and practitioners are all focused on how to transition from a traditional, analog supply chain to a more digital supply chain. This has never been truer than it is today. Digital supply chain capabilities enable more agility and resilience; two supply chain characteristics that are especially important in dealing with unforeseen disr
The recent disruptions worldwide have exposed how important end-to-end visibility and control are to building the resiliency required to survive and thrive in changing conditions. Being equipped when disruptions occur means knowing what’s going on at every tier in your supply chain, understanding cross-functional impacts, quickly executing decisions and continuously monitoring and optimizing the results.
The saying goes- the only thing staying the same is that everything keeps changing. And the statement becomes especially true with supply chain management. It’s crucial to track the 2021 trends in the supply chain needed for success. Advanced solutions that mirror these trends will enable success in the coming year. During a year of.read More. The post 5 More 2021 Trends in the Supply Chain to Start Thinking About Now appeared first on Transportation Management Company | Cerasis.
Four months ago I mentioned that after 30-plus years of golfing, my mom recorded her very first hole-in-one. As excited as my mom was, I know my dad was equally excited for her. They have been golfing together for the last 30-plus years, playing in tournaments and leagues together. My dad actually has another 30 years of golf on top of that. And over those 60 years of golf, he had never recorded a hole-in-one. […].
With Service Optimizer 99+ (SO99+) ToolsGroup’s manufacturing customers commonly achieve a 10-30% reduction in inventory, improve product availability to 96% or better, and reduce overhead (such as overtime and expedited freight) by 50%. Read this infographic to learn how they do it. Amid escalating demand variability, SKU proliferation, pressure from competitors, product obsolescence and capacity constraints, ToolsGroup’s service-driven supply chain planning is a manufacturer’s best ally for me
The global pandemic is pushing the world’s supply chains to their limits. Here’s how supply chain technology is helping them fix the problem and plan for the future. The global pandemic has done a good job of shining a bright hot spotlight on the world’s supply chains. Never before in modern history have we seen. Read more Closing Remarks: Supply Chain Takes Center Stage in 2020.
By Louisa Hosegood (pictured). Digital and Strategy Director, Bis Henderson Consulting. The post Delivering On The ‘Last Mile’ Challenge appeared first on IT Supply Chain.
I grew up in a time before people knew much about being eco-friendly or “Green,” so the concept of sustainability isn’t usually at the top of my mind. Just to level set, the Brundtland Commission defined sustainable development as “development that meets the needs of the present without compromising the ability of future generations to meet their own needs.
Remember 12 months ago, when we were all merrily celebrating Thanksgiving and starting our Christmas shopping, blissfully unaware of what was awaiting us just around the corner in 2020? No one could have predicted the year we’ve had, and now our 2021 plans are infused with a healthy dose of what we’ve learned about supply chain disruption and response—and how we will all do things better next time around.
“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.
There is a lot of focus today on competing on customer experience and the role of supply chain and logistics in enabling it. But one of the first companies, particularly in the e-commerce era, to embed customer experience in its culture and leverage it as a competitive differentiator was Zappos (which Amazon acquired in 2009. Read more On Tony Hsieh, Customer Experience, and Logistics Outsourcing.
Not since the Second World War has there been such global disruption as experienced in 2020. International transportation came to a standstill, major populations were confined to their homes, and factories shut down.
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
Four months ago I mentioned that after 30-plus years of golfing, my mom recorded her very first hole-in-one. As excited as my mom was, I know my dad was equally excited for her. They have been golfing together for the last 30-plus years, playing in tournaments and leagues together. My dad actually has another 30 years of golf on top of that. And over those 60 years of golf, he had never recorded a hole-in-one.
Who Should Attend? If you #LoveProcurement, you should be there! Procurement & Supply Chain Leaders. Learn best practices and gain inspirations on how you can build a competitive advantage. Finance Professionals. Ensure control and regulatory compliance and better manage your cash. Sponsors. Demonstrate your implementation and consulting capabilities to prospects.
Blockchain Allows Brand Owners and Retailers to Trace Source Materials Ahead of Pending U.S. Legislation Related to Forced Labor in China’s Xinjiang Uyghur Autonomous Region (XUAR). ATLANTA/MIAMI — December 3, 2020 — Logility, Inc., automating the digital transformation of supply chain optimization and advanced retail planning, and New Generation Computing, Inc.
Top Gartner analysts say there’s no time like the present to invest in a YMS that can help you offset COVID-19 challenges and future-proof your yard. . A valuable supply chain asset, the physical area “outside of the four walls” of the typical warehouse or distribution center (DC) is becoming a focal point for companies that are realizing the value of their yards.
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.
This year with the global pandemic, Black Friday was different from before. Luckily, we did not have to set up our camping tents in front of our favorite stores, but just logged in to their mobile apps. Online shopping has been on a steady rise since 2010. With the global pandemic, it became a necessity. Consumers who realized the ease of use of online shopping – choosing items from the warmth of their seat and having them delivered in a couple of days – gained a new habit.
As COVID-19 demonstrated, effective procurement is critical to organizational success. Procurement & Supply Chain leaders of winning organizations have earned a slot on the boardroom agenda. Now is the time to show why you should remain there, by unleashing the full potential of your spend and suppliers. Ivalua NOW Europe 2021 is the premier event for Procurement & Supply Chain leaders looking to restore growth through innovation, achieve CSR and other strategic objectives, and empower
Brian Alster, head of third-party risk and compliance solutions with Dun & Bradstreet, outlines the steps that procurement organizations should be taking to guard against a growing number of potentially devastating cyber attacks.
Warehouse automation is reaching the tipping point, accelerated in part due to the global COVID-19 pandemic. The shift of commerce from brick and mortar stores to e-commerce platforms has created an unprecedented demand for warehousing. In addition, rising wages for warehouse workers driven by a pre-COVID shortage in skilled labor is exerting pressure on warehouse operations.
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.
It’s no secret that the Covid-19 pandemic has made many consumers value e-commerce shopping above traditional in-store experiences. As the holiday season begins in full force, the transportation industry is realizing that online shopping is creating what may be the busiest peak capacity season yet. Popular transportation companies including FedEx, UPS and DHL are all […].
With multiple variants of a vaccine for COVID-19 on the brink of approval and manufacturing, concerns are arising about the ability of supply chains to distribute hundreds of millions of doses quickly and safely to healthcare providers throughout the country.
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