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When a massive disruption such as a global pandemic hits, many businesses realize that their legacy planning solutions are not capable of providing the insights they need to manage such disruptions effectively. Companies are now evaluating alternatives to ensure they are better prepared in the future. What they need is a supply chain solution that will enable them to stay on top of problems, minimize damage and stay ahead of competitors.
Even before the World Health Organization (WHO) declared COVID-19 a pandemic on March 11, 2020, the novel coronavirus was already disrupting the global supply chain. On a daily basis we get reports about the healthcare crisis impacting business processes, consumer habits, and the worldwide economy. Without a doubt, COVID-19 is wreaking havoc on most of.
Almost every company is currently experiencing demand disruption. Food and consumer goods manufacturers along with their retail counterparts are dealing with unprecedented highs across consumer channels, while “non-essential” companies are being plagued with historical lows. In both cases, planning for the future has become increasingly difficult. It is often during seasons of tremendous uncertainty that … The post 5 Tips for Supply Chain Planning in a Turbulent Environment appeared first
Even these services struggled to deliver. While manufacturing also suffered, the transportation shortage was undoubtedly one of the biggest supply chain problems, in addition to the availability of stock, due to lockdown and increased demand on at-home deliveries.
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.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! The overarching strategy for limiting exposure to, and spreading of, the Coronavirus is that of Social Distancing. We are all instructed to keep 6 feet apart from anyone, wear masks, and avoid any social gatherings and don’t touch.
One of the biggest mistakes companies often make is chasing after the next, new shiny technology application without first clearly defining the business problem or opportunity they’re looking to address — and without first getting their data in order. Why do companies still struggle with data quality management? How do you get over the change.
One of the biggest mistakes companies often make is chasing after the next, new shiny technology application without first clearly defining the business problem or opportunity they’re looking to address — and without first getting their data in order. Why do companies still struggle with data quality management? How do you get over the change.
When it comes to understanding how customers interact with ecommerce brands, packaging is by far one of the most ubiquitous elements. It’s a necessary part of getting your goods from A to B securely, but has much wider consequences than just your business. It’s predicted that global ecommerce sales will hit $4.5 trillion by 2021 , a staggering 246% increase since 2014.
Increasing efficiency and lowering costs is the mission of logistics. Fewer loads, better driver utilization, mode shifting, and minimizing miles through better routing not only reduce your freight costs, these measures also result in less fossil fuel consumption, fewer emissions, and reduced environmental impact. Increasing supply chain efficiency benefits more than the bottom line Logistics … The post Green Logistics and Transportation Optimization – A Win-Win Opportunity appeared first
The future remains uncertain as the country continues to combat COVID-19. A big question facing the nation is when and how to re-open the economy. While some states are pushing to re-open their economy (or beaches, in the case of Florida), others are cautioning that doing so too early would be socially irresponsible and bad for the economy. The ongoing pandemic has put added strain on the global supply chain, with companies exploring new fulfillment […].
Regardless of industry, it seems we all face similar challenges. Think of the fast-paced fashion and apparel companies who must contend with rapid turnover of designs, features, styles, colors and product line assortment and the need to meet regional and sometimes localized customer product requirements. Food and beverage, consumer electronics, life sciences, durable goods all have to deal with product seasonality, lifecycles, assortments, promotions and demand signals across multiple planning h
The demand for package delivery continues to grow as consumers do more of their shopping online. At the same time, the supply chain is increasingly moving toward just-in-time delivery, meaning logistics companies have less room for error. The loading dock is at the heart of any distribution center, and optimizing loading and unloading is essential to.read More.
The metals industry has always been competitive and difficult, but the recent COVID-19 crisis has made the business climate even more challenging. The industry is looking at current developments with great concern as important customer sectors have already begun to stop or significantly reduce production. During this time, it’s even more crucial to improve internal planning to make better decisions more quickly.
The mechanical engineering industry is feeling the consequences of the corona pandemic with increasing force. A very recent survey by VDMA, the German association for the mechanical engineering industry, was answered by 965 member companies and clearly shows this. The share of companies whose operations are affected rose from 60 to 84 percent within two weeks.
These are trying times for supply chain planners. The effects of COVID-19 are unlike anything we have seen in recent decades. Disruption abounds, and as Lora Cecere writes , “ the only constant will be surprise.” Supply Chain Dive reports that 75% of firm s in the US alone have reported supply chain shocks as a result of the pandemic. Do supply chain professionals believe they have a planning process that is robust enough to absorb these shocks and prepare for the future?
“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.
Many retailers have implemented buy online, pick up in store (BOPIS) strategies without realizing it. Although the name invokes the fears of coding and advanced systems, it refers to the process of buying a product online and picking it up in the store, i.e., BOPIS. This concept gives supply chains a non-traditional means of fulfilling orders and.read More.
The COVID-19 virus is affecting supply chains around the world with huge peaks in demand and disruption on a scale most could not imagine prior to the current crisis. This is creating huge pressure and challenges for many businesses and organizations. What we are doing today helps us learn how to cope with tomorrow’s challenges. Solutions that we put in place today will continue to provide value and develop best practices that will connect us and make us more proactive in the future.
Do you remember the days when we used to attend these things called “conferences”? In a big room, with hundreds of other people, none of them wearing masks. Crazy, wasn’t it! . Like every industry Procurement & Supply Chain software vendors are having to find new approaches in the pandemic world, and firms are coming up with ways of holding events virtually, some of which work better than others.
This past Monday was Patriots Day, which in Boston is one of the best sports days of the year. But, due to coronavirus, the Boston Marathon has been pushed off until September (hopefully) and the Red Sox season is on hold. Usually, millions of spectators flock to the historic marathon route to cheer on the word’s best as well as weekend warriors as they push their bodies to the limits with the hope of making […].
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
Fill out the Form Below to Get a Free Copy of the White Paper to Your Inbox! The novel coronavirus, officially known as COVID-19, poured over global supply chains and brought untold disruption. The age of maintaining efficiency in place of responsiveness is now over. Supply chains of all sizes continuously work around the clock.read More. The post [WHITE PAPER] Freight Management Amid Uncertainty appeared first on Transportation Management Company | Cerasis.
The manufacturing industry is facing unique challenges during Covid-19. While the rest of the world is put on hold, manufacturing companies continue to operate and produce essential products. They are keeping stores stocked and making sure that we can all have exactly what we need during this time of uncertainty. Manufacturing companies provide a crucial […].
Earlier this month, I was a guest on Manhattan Associates’ Nucleus of Innovation, a retail and supply chain podcast series “where we tackle some of the most important topics in the industry and learn how leaders are managing their supply chain challenges every day.” I was joined by Gregg Lanyard, Transportation Product Director at Manhattan. Read more [Podcast] The Impact of COVID-19 on Transportation Networks.
AGCO is a supply chain success story. This is the inside story of AGCO's response to the pandemic and how they developed such an agile supply chain. Agility does not just happen. This global manufacturer of agricultural equipment began their journey to improved supply chain resiliency in 2004. The post A Very Agile Supply Chain: The Inside Story of AGCO’s Response to COVID-19 appeared first on Logistics Viewpoints.
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.
In the world of commerce, every business ecosystem has a type of supply chain that is critical to corporate operations.These supply chains rely on a network of plants and facilities to add value to, and transform, raw materials into a final product. Any disruption or sub-optimization in the supply chain can and will significantly impact a company’s profitability.
These are trying times for supply chain planners. The effects of COVID-19 are unlike anything we have seen in recent decades. Disruption abounds, and as Lora Cecere writes , “ the only constant will be surprise.” Supply Chain Dive reports that 75% of firm s in the US alone have reported supply chain shocks as a result of the pandemic. Do supply chain professionals believe they have a planning process that is robust enough to absorb these shocks and prepare for the future?
Earlier this week, the teenage son of a family friend was killed in a car accident. J was my son’s friend, both of them high school seniors just weeks away from graduation. To compound the tragedy, due to COVID-19 social distancing requirements, J’s extended family, friends, and community couldn’t come together to hug and console. Read more Above the Fold: Supply Chain Logistics News (April 24, 2020).
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. This week, we look at BluJay Solutions’ Freight Market Index. As we all find ourselves in uncharted territory with the COVID-19 pandemic, data is as critical as ever to making smart decisions.
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.
So, the promise of using statistical algorithms, forecasting and predictive analytics is now added to the list of a company’s number one priorities. There is a sense of urgency surrounding this new high-profile initiative. One may ask, “What’s next?” Here are a few steps that you will need to take to deploy your forecasts successfully. 1. Define the project.
Many observers are currently talking about how we could go back to normal as quickly as possible. But what is “normality” and is it desirable? Should we really turn to cost reduction and just-in-time processes again? Wasn’t that the reason to put all medical supply eggs in the China basket? Didn’t that make our supply chains extremely vulnerable?
Gary Neights, Senior Director, Product Management at Elemica, discusses the digitization of customer order channels. Podcast version (click to play): The post [Video] The Digitization Of Customer Order Channels appeared first on Talking Logistics with Adrian Gonzalez. Gary Neights, Senior Director, Product Management at Elemica, discusses the digitization of customer order channels.
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