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The term “digital twin” is a little mysterious. And the application of one even moreso. A digital twin is a model that can be created for a number of things – a jet engine, a factory, even a human heart. But here, we’ll be talking about supply chain digital twins. A supply chain digital twin is a complete model of your supply chain that allows you to run what-if scenarios and determine the most efficient use of resources for fulfilling demand.
The 8 Personas of Highly Effective Leaders Opinion Editorial by Rajesh Achanta , Vice President -Supply Network Operations, Asia Pacific, Middle East & Africa (AMA) at P&G I recently had the opportunity to share with thought leaders and supply chain professionals at LogiSYM Asia Pacific in Singapore,on how organisations can work on Leveraging Digital Capabilities in the Go-To-Market Supply Chain to Create Shareholder Value.
There are things that make your distribution no longer efficient. If you haven’t looked at your distribution in the last 5 years or so. I urge you to review it! Watch the video below to find out why! Related articles on this topic have appeared throughout our website, check them out: How to Operate Your Distribution Truck Fleet at Less Cost The 7 Principles of Warehouse and Distribution Centre Design 7 “Costequences” of Distribution Network Misalignment Do You Know the Signs of Poor Distri
Good forecasting leads to good demand planning —and good demand planning means better profitability. That’s why it’s essential to be sure you’re equipping your organization with the right demand planning software. When you choose the right solution, you can stay ahead of fluctuations in customer demand, achieve high levels of forecast accuracy, handle seasonality, and drive collaboration across supply chain stakeholders.
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.
Supply chain sustainability can mean a lot of things to a lot of people. As I have written about before, supply chain sustainability , or the notion of going green, is a hot topic as companies and countries look at their overall carbon footprint and look for ways to be more environmentally friendly. A few ways companies can begin to offset their carbon footprint is to take a deeper look at product packaging, energy efficiency, alternative fuels, route optimization, and returns and recycling pro
Pierfrancesco Manenti, Gartner vice president analyst, says "commercial innovation" refers to the efficiencies that chief supply chain officers bring to the provider and to the customer.
Pierfrancesco Manenti, Gartner vice president analyst, says "commercial innovation" refers to the efficiencies that chief supply chain officers bring to the provider and to the customer.
Brian Kempisty and Joe Lynch discuss the state of containerized shipping. Brian is the Founder of Port X Logistics , a transportation company that specializes in expediting containerized cargo throughout the U.S. and Canada. About Brian Kempisty Brian Kempisty is the Founder of Port X Logistics, a transportation company that specializes in expediting containerized cargo throughout the U.S. and Canada.
Product segmentation strategies trigger leaders to rethink their supply chain optimization plans, by focusing on cost-efficiency, service, and sustainability.
This past March, in the aftermath of the Silicon Valley Bank collapse, the Wall Street Journal reported that “Corporate information technology leaders say they are reassessing vendor relationships and putting greater emphasis on risk management.” How receptive is your company to working with supply chain and logistics software startups? We asked members of our Indago.
Risk Management in Global Ocean Context Feature Article by LSCMS Shippers Council Rates have gone down massively in most trade lanes; congestion has eased, and capacity seems sufficient in most sectors. All of this despite the ever-prevailing threat of blank sailings and continuous reconfiguration of sailings by carriers. It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal.
Gabe Pankonin and Joe Lynch discuss residential LTL delivery perfected. Gabe is the CEO of Rocket Shipping , a full-service logistics provider focusing on 4 core competencies: LTL shipping, white glove/ home delivery, full truckload management, and technology/integrations. About Gabe Pankonin Gabe Pankonin is the CEO of Rocket Shipping, a full-service logistics provider based in Fargo, North Dakota.
Growing protectionism and modernized trade enforcement are significantly affecting importers and exporters. Increased protectionism is leading to increases in landed costs for imported products. Better systems at customs agencies can lead to increases in cycle times for companies that are not on top of the complex documentation requirements associated with trade.
Next week at this time I will be in Burlington, VT with some of my Logistics Leaders for T1D Cure teammates. The next day we will cycle 100 miles in support of JDRF and its vision of creating a world without type 1 diabetes (T1D). If you’re a longtime follower of Talking Logistics, you already. Read more The post Above the Fold: Supply Chain Logistics News (July 21, 2023) appeared first on Talking Logistics with Adrian Gonzalez.
Leveraging the Seismic Shifts in the Global Regulatory Landscape Feature Article by Abhishek Kishore , Managing Director – International for OCR Services Inc. Today’s volatile geopolitical climate and game-changing disruptors like the global Corona virus pandemic have driven seismic shifts in the global regulatory landscape. Nations are regularly remapping their foreign policies while entire industries are rethinking how they do business across borders.
“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.
Sales and operations planning (S&OP) was created way back in the 1980s. But it is relevant to today’s world of supply chain disruptions and uncertainty? S&OP has long served as an effective means of balancing supply and demand through integrating multiple functions of the business, with the goal of maintaining visibility into ever-changing customer demand.
Ben Steffes and Joe Lynch discuss 3PL outsourcing trends. Ben is Vice President of Managed Services at Coyote Logistics , a leading global third-party logistics provider. About Ben Steffes Ben Steffes is Vice President of Managed Services at Coyote Logistics, a leading global third-party logistics provider. Since joining the company in 2011, he’s focused on developing and growing its Coyote Transportation Management offerings, driving synergy efforts with UPS, and leading the Supply Chai
Note: Today’s post is part of our “Editor’s Pick” series where we highlight posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This July 2023 post from Uber Freight’s blog compares current trucking spot rates to carrier operating costs and what the current environment.
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 comes from Matt Elenjickal, Founder and CEO at FourKites, and looks at redefining real-time visibility. When you look at the real-time supply chain visibility market of several years ago, it was all about solving or addressing foundational use cases: Where’s my shipment?
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
Supply chains large and small are under siege by constant supply chain disruption. Companies find themselves struggling to serve customers, source materials, manage costs, handle supply constraints and shortages and, above all, gain visibility into what’s next. Thanks to technology, however, the headlines aren’t all bad. The latest generation of sales and operations planning (S&OP) applications are providing better tools for managing supply chains internally.
Over 60 companies have benefited from the close collaboration and supply chain expertise of these two industry powerhouses – who show no signs of slowing down. BOSTON and STOCKHOLM – July 18, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, and Optilon, the leading supply chain solution consulting organization in the Nordics, are proud to celebrate 15 years of partnership, collaboration, and delivery excellence in the realm of supply chain managem
In Samuel Taylor Coleridge’s “ The Rime of the Ancient Mariner ,” the bard describes the distress of mariners floating upon a windless ocean under a withering sun and running out of supplies (including water). One of the most famous stanzas from that poem is: Water, water, everywhere, And all the boards did shrink; Water, water, everywhere, Nor any drop to drink.
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.
AI, Artificial Intelligence, is a word being thrown around these days to garner attention with little regard for if the usage is accurate. The true trending conversation is deeper and specific to Generative AI. But what does Generative AI really mean, especially for Supply Chain Planning? Let’s start at the foundation of artificial intelligence. AI is a computer algorithm that behaves like biological intelligence based on historical data and information.
Risk Management in Halal Supply Chains Feature Article by Dr. Marco Tieman , Chief Executive Officer at LBB International Background According to the 2022 State of The Global Islamic Economy Report, the global Islamic economy is an estimated USD 2 trillion industry consisting of the following key industries: halal food, modest fashion, media & recreation, travel, pharma, and cosmetics.
The Italian consumer goods company applies ToolsGroup’s probabilistic forecasting and inventory optimization across its expansive network to enhance customer experience and business value. BOSTON – July 20, 2023 – ToolsGroup , a global leader in supply chain and retail planning and optimization software, is thrilled to announce it has been selected by Legami , the Italian consumer goods company, to support its supply chain enhancement initiatives for heightened customer satisfaction and business
Supply planning in the seed industry affects virtually everyone. However, very few have any idea about this first step in bringing fresh produce to a hungry world. Supply planners contend with changing conditions and unpredictable environmental factors while supplying the seed variety the market demands. The process of bringing a new seed variety to market … The post Supply Planning in the Seed Industry: <br>Complex and Crucial appeared first on Chainalytics.
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.
Mercedes-Benz incorporates ChatGPT in Supply Chain Mercedes-Benz plans to integrate OpenAI’s ChatGPT technology into its manufacturing processes and vehicles.
The Critical Intersection of Humanitarian Logistics and Food Supply Chains Feature Article by Shereen Nassar , Global Director of Logistics Studies and Director of MSc Logistics and Supply Chain Management Suite at Heriot-Watt University Dubai Despite food being a basic human right, the World Food Program (WFP) anticipates that the number of individuals experiencing food insecurity in 2023 will be around 345.2 million, which is over two times the figure in 2020.
Quistem’s Cathy Fisher and I have been strong advocates about breaking down the silos among quality, supply chain and IT a lot on the Auto Supply Chain Prophets podcast through our research on the intersection of MMOG/LE and IATF 16949, which then led to our 24 essential supply chain processes. However, most wonder how it can be done. We recently had Mike Payionk, Quality Control Program Manager at PennEngineering on the podcast and here is what he had to say!
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