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Since humans began making and distributing products to one another, the structure of the supply chain has remained predominantly untouched. Raw materials flow in, are changed into a product and are then distributed and used until finally they are thrown away. This linear chain has been sufficient to keep economies churning, but a new, more […].
The term supply chain control tower is being used more frequently. Some think it is being overused. What is a supply chain control tower? From my perspective it must be a holistic supply chain solution. What does that mean? For me, it means the following ten things. The post What is a Supply Chain Control Tower? appeared first on Logistics Viewpoints.
[00:20] Opening / Introduction. [00:51] Tell us about yourself and what you do in Panama. I was born and raised in Panama and manage a 3PL. My main role is to promote the hub that Panama offers to the world. [02:19] What was your first job in logistics? A relative of mine had a parcel company that got a contract with a multinational. He learned that he needed to serve a different area than he was in, so he called all his friends and family to help him launch.
With all the buzz around digital transformation, someone peering in from outside supply chain may assume most businesses have already digitized essential tasks like inventory planning. The reality is that this transformation takes time and a change of mindset. It’s about learning to transition from long-held inventory systems and processes, having new conversations across logistics and sales, and the shifting role of supply chain planners.
With all the buzz around digital transformation, someone peering in from outside supply chain may assume most businesses have already digitized essential tasks like inventory planning. The reality is that this transformation takes time and a change of mindset. It’s about learning to transition from long-held inventory systems and processes, having new conversations across logistics and sales, and the shifting role of supply chain planners.
Digital transformation is inevitable, and digital transformation within the supply chain has the potential to streamline operations, reduce costs, and offer a better work environment for employees. The result is improved customer service, but the real implications of supply chain analytics go much further. The proper use of supply chain analytics is crucial to digital.read More.
by Bill DuBois “Delay of supply chain, that’s a penalty. Roughing the supplier, that’s two minutes. Excessive use of inventory, you’re out of the game!” As you’ll find out in the video below, egregious supply chain planning tactics do not go unpenalized under my watchful eye. But the truth is, in my role as a supply chain referee, I don’t want to put anyone in the supply chain sin bin.
So close, yet so far away. I actually can’t believe that I am not writing an intro to the news round-up about Boston sports and our monopoly on titles. Unfortunately, after a valiant run, and a decisive game 6 victory to force a game 7, the Bruins were unable to bring the Stanley Cup home. Of course, I just assumed Boston would win, as it is what our sports teams do these days.
MANN+HUMMEL to Present How It Partnered with ToolsGroup to Increase Fill Rate and Cut Inventory. BOSTON, June 11, 2019 – ToolsGroup, a global leader in supply chain planning software, today shared details of its participation in the Gartner Supply Chain Executive Conference, taking place June 17-19 in Barcelona. Gartner Supply Chain Executive Conference 2019 is the world’s most important gathering of supply chain leaders.
“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.
You know those signs you see on the side of the road, showing a truck pointed downward on a triangle, warning drivers about a steep downhill up ahead? It’s a beautiful sign when you’re riding a bicycle. It means you can coast downhill with little effort for the next few miles. But if you plan. The post Above the Fold: Supply Chain Logistics News (June 14, 2019) appeared first on Talking Logistics with Adrian Gonzalez.
Brands and consumers often share a similar perspective when it comes to returns: it’s their least favorite part of the buying experience. Even brands with the best products must handle returns, but when it comes to supply chain and go-to-market strategy, returns are typically glossed over. Why is that? A big piece of returns neglect […]. The post Reverse Logistics Returns Opportunity: Win Customers & Save Money appeared first on Steel Connect.
Artificial intelligence (AI) is undoubtedly an overhyped buzzword. Michael Watson, an instructor at Northwestern University and a founding partner at Opex Analytics, explains, “‘AI’ is a tech buzzword that seems to take on a new meaning each time you hear it. This causes confusion for many business leaders who struggle to put it into perspective for their specific needs.”[1] To break through the confusion, Watson suggests business leaders view AI as an umbrella term encom
On 23 June 2016, the citizens of the United Kingdom voted to leave the European Union. This is formally named the “United Kingdom European Union membership referendum,” but is more commonly referred to as Brexit, a portmanteau of “British” and “exit”. Nine months later Brexit became official. On 29 March 2017, the UK served their withdrawal notice under Article 50 of the Treaty on European Union.
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
Congratulations to the Class of 2019! It is school graduation season. Two of my nephews just graduated from high school and another graduated from college. Next week, my son graduates from 8th grade and my daughter from 5th grade. They’re all making their way, year by year, toward the ultimate graduation: living in the real. The post Most Likely to Succeed appeared first on Talking Logistics with Adrian Gonzalez.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is Supply Chain Management (SCM)? (Video). When I started my career the term “Supply Chain” had just been coined. As such it was many years before I actually heard of the term “Supply Chain Management” Regardless I pursued my interests and took on an increasingly diverse set of progressive jobs as time went on.
Evolution has demonstrated that the most important traits for survival are adaptability and resilience. It’s a lesson that must be continually learned, especially in the business world. Former IBM executive Irving Wladawsky-Berger writes, “The belief that efficiency is fundamental to competitive advantage has turned management into a science, taught in every business school on the planet, whose objective is the elimination of waste, whether of time, materials or capital.
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.
The spotlight is certainly on global trade management today, with Brexit and tariffs on the minds of many supply chain professionals — and they are looking for ways to successfully navigate through these risks and uncertainties. One area that is getting renewed attention is duty drawback. What is duty drawback, and why is it making. The post Why Duty Drawback is Making a Comeback appeared first on Talking Logistics with Adrian Gonzalez.
There is a major shift away from the internally-focused strategy with enterprise resource planning at the center, to a much broader and more collaborative strategy using new disruptive technologies such as multi-party networks, artificial intelligence, and autonomous technology.
500 attendees. 5800 API Calls. Third-parties showcasing live workflows using JDA APIs. And one JDA AI-powered Supply Chain Platform for the JDA Constellation of developers. JDA’s “DEVCON” developer conference proves conclusively that there is genuine excitement for the future of open supply chain solution innovation. With many solution providers declaring that they have created the “platform du jour,” it’s easy to get lost in the platform marketing spin.
Many supply chain pundits shake their heads in wonder as companies continue to operate with data locked up in silos. Data silos are a remnant of industrial age organizations and industrial age thinking which focused on optimizing various business functions. Siloed data and silo thinking are also found within the supply chain. Lora Cecere ( @lcecere ), founder and CEO of Supply Chain Insights, writes, “The broader concepts of connecting from the customer’s customer to the supplier’s supplie
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.
With new supply chain innovations , trends in logistics technology and advancements like automated robots making a big impact on operational efficiency, it seems that supply chain optimization is within reach for more companies than ever before. However, even with a growing number of innovative technologies at your fingertips, your success still depends on your strategy.
The global supply chain has become extremely complex. Proctor and Gamble has more than 75,000 suppliers, while Walmart counts more than 100,000. With so many suppliers in the mix, companies are finding it extremely challenging to keep tabs on their shipping containers.
When we begin conversations with trade compliance practitioners and ask them their top 3 challenges, most talk about the need to manage 1 or more functional activities. By functional activity, we mean point solutions that support the user in accomplishing a specific task, such as product classification (HS, ECCN, USML, etc), Restricted Party Screening (RPS or DPS), License Determination, Free Trade Agreement qualification, and other regulatory related stuff.
Every business person who deals with inventory management is involved in a balancing act. Keep too little inventory on hand and you risk losing sales and, on occasion, customers. Keep too much inventory on hand and the costs add up resulting in lower profits. It’s little wonder inventory management systems have gained popularity. Sean Russell explains, “These services provide a supply chain that keeps tabs on products through every stage of development, and allows management to get r
Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.
When it comes to healthcare and hospital supply chain management, there are many opportunities to save money, but it can be complex. Hospital supply chains tend to be large and unwieldy networks, many of which have been in place for a long time. Conducting a thorough audit and finding a solid supply chain specialist is essential to the process, as is cutting links and intermediaries and working with a direct supplier.
As sustainability becomes increasingly important to many consumers, grocery retailers are challenged with how to keep up with these modern customer demands. In the video blog below, Fab Brasca, JDA’s GVP Solutions Strategy, explains how buyer behavior can be better supported through machine learning and artificial intelligence in direct response to sustainability.
In 2018, as part of its sustainable ocean’s management mandate, the National Oceanic and Atmospheric Administration (NOAA) imposed new reporting standards for the importing of 14 species of seafood. The program is called Seafood Import Monitoring Program or SIMP. What is SIMP? As a software provider of applications that support international supply chain execution and automated customs clearance programs, we need to provide the functionality to address a multitude of government and busines
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