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In a recent study, MIT found that companies that focus on 5 key initiatives to improve their supply chain data can have a big impact on their bottom line. Some supply chain companies are leaning on the power of analytics to help streamline their processes and get ahead of their competitors. But many companies have struggled to embrace the relationship between using analytics and implementing changes that can improve business performance.
Tremors. Seismic shifts. Supply chain management technology has a fault line. It is growing. The technology market for supply chain management is dramatically shifting. Last week I bounced from call to call. Innovative startups. Artificial Intelligence innovators. Blockchain ventures attempting to define business processes and new approaches. In parallel, I am also seeing market consolidation of traditional applications.
by Mike McAllister Courtesy of the Science Museum of Minnesota/Netflix. As a teenager in the 80s, it probably comes as no surprise I relate heavily to every cultural reference in Stranger Things. From the hair (I coveted to Steve’s A-Ha inspired coif) to the arcade (DigDug not so much – I would spend my allowance quarter by quarter on Star Castle and Defender, instead) and everything in between, the binge-watch worthy Netflix series contains pop culture Easter eggs in virtually every scene.
The Digital Age Is The New Competitive Arena For 3PLs. This contributed article by Erik Hofmann , Chair of Logistics Management, University of St.Gallen and Florin Osterwalder , Lampe & Schwartze Marine Underwriting, Bremen is based on their recently published research paper. 3PLs provide a wide range of logistics services and have become core players in the logistics industry.
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.
Unbelievably, the capacity crunch is back the shipping headlines. In April 2017, William B. Cassidy of the Journal of commerce (JOC) noted shippers were expecting a forthcoming slight capacity pinch, but that was before hurricane season arrived. Now, the shipping and transportation industry faces unprecedented capacity problems, and the upcoming ELD implementation deadline will exacerbate the issue.
What are companies looking for in supply chain network design technologies ? What works well, and what are the challenges? We commissioned Supply Chain Insights to conduct independent research about this topic and discussed the findings in a recent webinar. Today, we’re pleased to share a more extensive report on this topic. The report c o vers per ceptions about supply chain network design (SCND) as a process and outlines the key benefits and barriers experienced by comp
What are companies looking for in supply chain network design technologies ? What works well, and what are the challenges? We commissioned Supply Chain Insights to conduct independent research about this topic and discussed the findings in a recent webinar. Today, we’re pleased to share a more extensive report on this topic. The report c o vers per ceptions about supply chain network design (SCND) as a process and outlines the key benefits and barriers experienced by comp
Drones are enabling organizations to use employees more efficiently and improve inventory accuracy in a world where consumers want everything cheap and now. Every company on the planet that has a significant supply chain operation is plagued by inventory reconciliation problems. It’s the nature of the game, and to overcome this challenge, companies have historically used better forecasting, shifted safety stock levels, and enhanced order point and order quantity processes.
There is no excuse in visiting IKEA on a Sunday before watching 22 millionaires with daft hair styes kick a football around on live telly. The weather was cold and the air was full of autumn drizzle and as I turned into the car park the scale of the folly dawned on me; the IKEA car park was bursting at the seams. Cars were on pavements, on grass verges and on the approach road; grim.
The development and history of warehouse management systems (WMSs) have had a profound impact on how the supply chain functions. However, few understand the history of WMS and how it evolved to encompass item tracking, storage data, inbound and outbound shipping, picking and much more. Rather than trying to look at every small detail that led up to the modern WMS, let’s take a look at some of the most notable advancements in its history.
What are companies looking for in supply chain network design technologies ? What works well, and what are the challenges? We commissioned Supply Chain Insights to conduct independent research about this topic and discussed the findings in a recent webinar. Today, we’re pleased to share a more extensive report on this topic. The report c o vers per ceptions about supply chain network design (SCND) as a process and outlines the key benefits and barriers experienced by comp
Steve Raetz, Director of Research and Market Intelligence at C.H. Robinson discusses the following questions and more in this timely and informative episode: One of the 4 Pillars to a Successful Transportation Experience is Portfolio Strategy. What does that mean and why is it important? The second pillar is Transportation Strategies. There are many transportation strategies companies can take; what insights come from your research in this area?
Drones are enabling organizations to use employees more efficiently and improve inventory accuracy in a world where consumers want everything cheap and now.
Terrorist attacks around the globe continue to make headlines. Mostly the stories are about terrorist attacks against people. This is … Continued. The post Terrorism Stalks the Supply Chain appeared first on Enterra Solutions.
“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.
For most of us, Thanksgiving is a time to reconnect with family and celebrate abundance. For big grocery chains, it means anxiously overseeing a network of suppliers and shippers as they move vital ingredients across the country (and around the world), all while working in tricky weather that demands solid logistical execution to avoid late - or spoiled - deliveries.
In many ways, globalization has made the world feel smaller and simpler with everyday luxuries like two-day shipping and online grocery shopping. In return, supply chains have seen an increase in expectations and complexity. Consumers have grown accustomed to accessing products and completing transactions quickly and dependably, and today’s companies need to be able to […].
In 2010, Gartner estimated that manufacturers outsourced about 70% of the products they make to other manufacturers. I haven’t seen a recent statistic, but that still feels about right. So, it only makes sense that, for most manufacturers, implementing modern demand-driven or pull-manufacturing techniques will require collaboration with many partners across the entire supply chain.
When it comes to work and family, Reshma Deshpande has become an expert juggler. Not only does she manage a Customer Success team of 40 professionals, but she also keeps up with a myriad of family activities, including the schoolwork and schedules of two young children. Add to that her love of running and you’ve got one busy woman! As she’s grown into her role as a professional working parent, she’s learned the importance of finding the right balance, including making time for herself.
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
In this second interview on the Kinaxis blog, I go deeper in to why Mental Toughness is so important in our VUCA world, why it should be on the agenda of every CEO, and why supply chain and S&OP can lead this change! You can read the transcript here. If you want to know more about Mental Toughness, you can visit my website MentalToughness.online.
Slow internal processes are the biggest challenges when it comes to paying suppliers on time. Slow internal processes and a lack of automation are among the biggest challenges for businesses when it comes to paying their suppliers on time, according to new research released on Nov. 19 by Tungsten Network and the Institute of Finance and Management (IOFM).
For supply chain professionals, much is made about utilizing data analytics to improve demand planning and forecasting. However, Deloitte reports that 35 percent of companies now use analytics to mitigate third-party supply chain fraud, waste and abuse, an increase from 25.2 percent in 2014.
On November 16 th, 2017, Tesla revealed the much anticipated, brand-new electric semi-truck. The sleek, silver model still looks like a traditional semi, but also like a vehicle out of the future—and it even runs on sunlight. “We are guaranteeing this truck won’t break down for a million miles,” says Elon Musk. The truck boasts many new features that would allegedly improve many elements of the trucking industry—refining safety and productivity, as well as helping to protect the environment.
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.
As the nation turns its attention to reasons for gratitude this Thanksgiving season, we here at UltraShipTMS, the Supply Chain Collaborator blog and the logistics industry in general have more than the usual reasons to be thankful. Even in the leaner years, we as Americans always have plenty of abundance to reflect upon. But this year in particular, we are blessed with a bounty worthy of a hale and hearty Thanksgiving celebration.
Gartner, Inc. has released its ninth annual Healthcare Supply Chain Top 25 ranking. The ranking recognises companies across the healthcare value chain that demonstrate leadership in improving human life at sustainable costs.
RELEX is looking for the best Retail and Supply Chain Master’s Thesis submitted in a European university during the year 2017. Are you a recently graduated supply chain specialist or finalizing your master’s thesis with a focus on retail planning? If yes, send your work to RELEX and take part in the annual competition to win the award for the best European master’s thesis in the field of retail and supply chain planning.
Post-sale supply chain handles everything from triage to dispatching parts and technicians for product repairs, to recovering assets from the field but the big struggle here is how to ensure superior customer service without breaking the bank.
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.
In few years only, Supply Chain Management became one of the trendiest topics for organizations facing globalized markets. But in parallel, it also remained one of the foggiest topics for managers at every level. Sticking to logistics origins, we could stand our ground on initial Supply Chain Management definition (a system reaching all processes, flows and resources needed to deliver the right product/service at the right place, in the right timing, with the right quality, quantity and cost).
On the 15th of November, Paul Bambrough-Smith, Global Logistics Manager at CML, was invited to speak at the Brexit Procurement & Supply Chain Forum at the Millennium Gloucester Hotel in London.
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