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Demand is back. After many industries saw customer demand dry up during the pandemic, it is surging like it hasn’t in a long time. Consumers are spending money again. That’s the good news. The bad news? Companies across many industries, especially manufacturing, are struggling to meet that demand. The reasons for this are as varied and unique as every company out there, but we are seeing a one-two punch creating capacity limits among our clients: the tight hiring market coupled with
Supply chain cyber security is a growing concern for many businesses – unsurprising, given the increasing number of digital breaches that make the news. Recent examples include the DarkSide cyber attack of Colonial Pipeline in May 2021, which was only resolved once the hackers were paid $5 million in ransom. Even more recently in August, hackers accessed the personal information of over 53 million T-Mobile customers (both current and former).
Five supply chain drivers, Production, Inventory, Location, Transportation, and Information , influence the performance of the supply chain. Companies can develop and manage these drivers to emphasize the ideal balance between responsiveness and efficiency , depending on your business and financial requirements. Responsiveness to customer demands and expectations drives continuous innovation in products and how customers are served.
When it comes to managing your freight spend, there are a few options to consider. The three traditional methods are the use of a transportation management system (TMS), transportation execution system (TES), and managed transportation services (MTS). Ultimately it comes down to whether shippers want to manage their freight spend in-house or outsource it.
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.
Cloud-based transportation management offers a variety of benefits for businesses that operate in the global supply chain. But there are times when it becomes necessary to outsource the entire process thoroughly, which many refer to as transportation as a service. The industry continues to boom, and companies will continue to grow in response to consumer demand.
As warehousing undergoes a fundamental shift with the onslaught of e-commerce, it’s imperative that organizations identify the specific drivers that impact performance, establish e-commerce-relevant metrics, and continually monitor performance to navigate this transition successfully. Why should organizations expend the effort required to identify the input, design, and operational drivers impacting DC performance?
Networks Have Fistinct Advantages. McKinsey, the global consulting firm, has done research and writing on supply chain collaboration. In some industries, suppliers account for over 80 percent of the value of the products that are produced. In one McKinsey survey of more than 100 large organizations in multiple sectors, companies that regularly collaborated with suppliers demonstrated higher growth, lower operating costs, and greater profitability than their industry peers.
Do you want to buy a Playstation 5? Get in line. Severe supplier constraints and the resulting chip shortage have made things quite tenuous for fans of Sony’s latest gaming system. Plus, since semiconductor-based materials make up 40 percent of new vehicle costs and countless other consumer products, PS5s aren’t the only things in short supply. Manufacturers are facing massive shortages across their supply chains, which, along with as well as an utter failure to move swiftly to account for said
In the supply chain and logistics world, we often talk about the importance of people, process, and technology. The people side, however, often gets overshadowed by the other two, especially by technology. The reality is that developing and retaining supply chain talent is more important than ever. Why is that so? What are some of. Read more Supply Chain Talent: Why It’s More Important Than Ever.
Supply chain is an industry slow to change. Large shippers still use Excel spreadsheets to plan their operations, and even the most beneficial logistics technology is sometimes looked at warily. If it isn’t broken, these stakeholders reason, there’s nothing to fix. Logistics isn’t alone in this hesitancy to embrace technology, but the benefits of injecting agility into current processes, creating automatic procedures instead of relying on manual work, and streamlining operations can be profound.
Survey research is one of the most important methodologies in our discipline. Over time, the demands on survey research in SCM have increased – for good reasons. In particular, the design of survey research must reduce the risks of both common method bias and respondent bias. In their important 2018 editorial, entitled Survey Research Design in Supply Chain Management: The Need for Evolution in Our Expectations , Flynn and her coauthors (2018) distinguish between four types of survey research de
A supply chain crunch that was meant to be temporary now looks like it will last well into next year as the surging delta variant upends factory production in Asia and disrupts shipping, posing more shocks to the world economy.
“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.
What do you do when you check into an Airbnb house, go out to dinner, and then when you return to the house find a stranger sleeping in one of the bedrooms? Get the hell out of the house (and find a hotel room) is what we did! I’m guessing this real-life Goldilocks was passed. Read more Above the Fold: Supply Chain Logistics News (August 27, 2021). The post Above the Fold: Supply Chain Logistics News (August 27, 2021) appeared first on Talking Logistics with Adrian Gonzalez.
Hear from Shirell James, Vice President – EMEA at One Network Enterprises on her presentation about Mastering Supply Chain! <<Back to other Recorded Sessions.
Logility named one of SupplyChainBrain’s 100 Great Supply Chain Partners for 16 th Consecutive Year. ATLANTA – August 26, 2021 – Logility, Inc., a leader in supply chain innovation powering the sustainable and resilient enterprise, has been recognized as a Great Supply Chain Partner by SupplyChainBrain. The selection distinguishes Logility for providing outstanding solutions and services to its customers, improving their supply chain performance and efficiency.
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
Note: Today’s post is part of our “Editor’s Pick” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This post by Jillian Sullivan from Kuebix’s blog discusses how technology can help companies address the challenges of the peak shipping.
Humans create a lot of waste. Environmental journalist Matt McGrath ( @MattMcGrathBBC ) reports, “The world produces over two billion tons of municipal solid waste every year, enough to fill over 800,000 Olympic sized swimming pools.”[1] According to McGrath, Americans are the biggest offenders producing, per head, “three times the global average of waste, including plastic and food.” Americans are also laggards when it comes to recycling.
Logility customers can now access warehouse and Accelerated Growth in Cloud Services Annual Contract Value and Subscription Revenue. ATLANTA (August 25, 2021) American Software, Inc. (NASDAQ: AMSWA) today reported preliminary financial results for the first quarter of fiscal year 2022. Key First Quarter Financial Highlights: Subscription fees were $9.8 million for the quarter ended July 31, 2021, a 54% increase compared to $6.4 million for the same period last year, and Software license revenues
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.
By Ramsés Gallego (pictured). International CTO, Micro Focus. The post Regular evaluation of threat models & red-team exercises now common practice appeared first on IT Supply Chain.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Stand Out Digital Supply Chain Strategies! Technologies to optimize Supply Chain article and permission to publish here provided by Arra at No-BS Marketplace. Advanced technology is believed to be the springboard on which you can make your business successful and competitive. Leveraging relevant technology in the supply chain from the moment your suppliers bring in raw materials, during storage of the materials and manufactur
Logility customers can now access warehouse and transportation management solutions through Körber. ATLANTA – August 24, 2021 – Logility, Inc., a leader in supply chain innovation powering the sustainable and resilient enterprise, today announced a collaboration with Körber to elevate its comprehensive suite of solutions. Now, Logility customers have access to Körber’s warehouse and transportation management solutions , allowing organizations to optimize their end-to-end supply chains.
Supply chain digitization is imperative for companies who want to stay competitive in the marketplace. Experts state that 80% of the supply chain costs are locked in within the design of the supply chain, so focusing on that area is paramount to running cost-efficient supply chains.
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.
Dependable Financial Projections Hinge on Accurate Models of Supply Chain. Every plan, at high level or execution level, needs to be accurate enough to project true financial implications. Whether you are doing network design, inventory optimization, S&OP or even S&OE, Adexa solutions enable financial projections at greatest level of accuracy.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Writing an Impressive Resume! Soft skills article and permission to publish here provided by Susan Melony. When it comes to adding hard skills to your resume , it’s pretty self-explanatory. Hard skills are technical, measurable, and usually either learned in a classroom or through on-the-job training.
To ensure long-term growth and protect customer loyalty, businesses need to strive for the automation of supply chain planning. Food and beverage (F&B) industry executives face mounting pressure to keep up with soaring demand. However, the rising costs for ingredients, materials, transportation services, and staff are creating concerns about whether products can be priced carefully enough to satisfy consumers and stay on the positive side of razor-thin margins.
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