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With customers expecting lightning-fast order fulfillment times, there is a growing need to streamline and optimize warehouse operations. Inventory replenishment is an indispensable part of warehouse operation management that controls the efficient flow of goods throughout an entire supply chain (and thus, greatly affects fulfillment times). In this guide, we’ll discuss the important components of warehouse inventory replenishment, including the various inventory replenishment models, lot-sizing
Successful dock scheduling can generate significant results in the supply chain. Shippers realize faster, better management of the dock and savings on logistics costs can be redirected into reinvestment in the company or lowering product price points. Successful dock scheduling creates the ultimate win-win for customers and businesses alike. Of course, shippers should understand what is not working with dock scheduling practices today and how dock scheduling software can generate strong returns
With the holiday season coming, it's important to plan ahead. You need to know that your supply chain is going to be able to withstand additional stress. Even businesses that aren’t in the retail space will experience various challenges in the last few months of the year. If you've had supply chain management issues in the past, it's even more critical.
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.
Control Tower and Center of Excellence (CoE) are two terms mentioned repeatedly as companies try to gain better visibility, control, and performance from supply chains that are becoming more dynamic and complex every day. But what do these terms mean and how do they relate to each other? What defines a successful Center of Excellence? Read more The Evolution from Control Tower to Center of Excellence.
All supply chain managers share one overarching goal: trying to find the most efficient way to satisfy increasing customer demand. And in today’s day and age, supply chain is ever-evolving. New trends and technologies, coupled with globalization, mean that supply chains are the most complex they’ve ever been. This leaves businesses focused on supply chain innovation.
All supply chain managers share one overarching goal: trying to find the most efficient way to satisfy increasing customer demand. And in today’s day and age, supply chain is ever-evolving. New trends and technologies, coupled with globalization, mean that supply chains are the most complex they’ve ever been. This leaves businesses focused on supply chain innovation.
According to recent Procurement Leaders research , 40% of category managers are anticipating risk associated with tariffs. As expected, then, the word “tariff” often brings a sense of confusion and misunderstanding, especially on how they will impact a supply chain. This makes it imperative for global sourcing strategies to include an analysis of tariffs.
VUCA is a term first used in the military that started creeping into supply chain discussions several years ago. The acronym stands for Volatility, Uncertainty, Complexity, and Ambiguity and it certainly describes the world in which we live. Back in 2011, supply chain analyst Trevor Miles ( @milesahead ) noted there is a similar sounding word supply chain managers should associate with VUCA.
“The risks of a recession have risen because of the escalating trade war and oil shock. Nevertheless, given the momentum of growth and expected additional stimulus, a recession can probably be avoided.” (quoting the Global Economic Forecast Flash, September 2019.).
Next Thursday is Thanksgiving, which as I pointed out last year, is a time for FFFTT – family, friends, football, thankfulness, and turkey. Thanksgiving is also a time for logistics headaches. The holiday is centered around the big family meal, and the food supply chain tied to that meal is complex. But there are a number of other areas that can result in logistics headaches as well.
by Sarah Harkins. When your supply chain isn’t functioning, the signs are clear: missed opportunities, customer complaints, unexplained errors and overstretched planners. Diagnosis is easy, but change is hard. We’ve all heard stories about the company that spent thousands of dollars and years of work on transformation only to make negligible gains. These stories have created fear and persuaded many companies to stick with outdated solutions long after they’ve outlived their utility.
Ever since my daughter started playing rugby last year, I’ve been following the sport a bit. The big news this week wasn’t about a match, but an interview with England’s Rugby World Cup star Joe Marler that some are calling the best sporting interview of all time. If you’re a fan of Spinal Tap and. Read more Above the Fold: Supply Chain Logistics News (November 22, 2019).
There are over 100,000 warehouses, distribution centers, and manufacturing plants in the U.S. alone. With nearly 4 million retail stores and eCommerce websites to support, their supply chain and logistics processes must be as efficient as possible. 5.5 million trailers make 500 million shipments (facility to facility or facility to store) every single year all over the country.
“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.
P&G is respected for having one of the best supply chains in the world. They rarely speak about their approach to supply chain management in any detail. So, it was a treat to hear Bob Herzog, the Global Planning Digitization Leader for Supply Chain, and Pedro Noriega, Planning Director, North American Product Supply, speak at Kinaxis’ Kinexions 2019 user conference.
by Manda Schweitzer-Miller. The automotive industry is in the midst of unprecedented change driven by a trifecta of emerging technology, rapidly evolving consumption preferences and dramatically shifting business landscapes. All three drivers combine to further complicate the already complex and high-volume vehicle supply chain – and the supplier sub-chains that feed into it.
PRESS RELEASE. TireHub Partners with ToolsGroup to Optimize Supply Chain Efficiency. Demand forecasting and inventory planning will bolster TireHub’s service-driven strategy. BOSTON, Mass. (Nov 20, 2019) ToolsGroup, a global leader in supply chain planning software, is pleased to announce TireHub has selected ToolsGroup as a partner to implement an innovative demand and supply systems solution that will support the company’s rapid growth.
There are over 100,000 warehouses, distribution centers, and manufacturing plants in the U.S. alone. With nearly 4 million retail stores and eCommerce websites to support, their supply chain must be as efficient as possible. 5.5 million trailers do 500 million shipments (facility to facility or facility to store) every single year all over the country.
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
Sustainability continues to be big news in the global supply chain, and many global brands have put timeframes on sustainability efforts. One notable example is McDonald’s USA, which pledged to make its coffee supply chain 100 percent sustainable by the end of 2020. I saw late last week that the company had achieved its goal a full year ahead of schedule.
by Alexa Cheater. In today’s fast-paced world, success means getting ahead of change, not just keeping up with it. It’s no different for your supply chain. Growing customer demands. Shifting regulations. Big impact events like natural disasters. It’s no wonder companies are looking for hyper-agile, synchronized supply chains. But are they looking in the right place?
It all started more than 90 years ago with the De Bortoli family and has grown to be one of Australia’s largest family-owned wineries. The third generation is now managing the family business with a strong commitment to sustainability and leaving a positive legacy for the next generation. One of the ways they maintain this mission is through their continued efforts to manage a very complex supply chain from ‘grape to glass’.
The whole world can see it clearly. A wind of change is currently blowing through the air and the past eventful weeks have almost turned it into a storm: The IPCC published its Special Report on the Ocean and Cryosphere in a Changing Climate ; world leaders at the Climate Action Summit in New York demonstrated growing recognition that the pace of climate action must be rapidly accelerated; climate activist Greta Thunberg received the Right Livelihood Award “for inspiring and amplifying political
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 2017, Gartner introduced a Supply Chain Planning Maturity Model with five planning stages. In the lowest stage (Stage 1), supply chain planning is inside-out, fragmented, local, unconstrained, and focused on revenue. In Stage 2, supply chain planning remains inside-out but achieves functional scale, local optimization, and focuses on reducing costs.
From marketing consultants and supply-chain partners to accountants and IT service providers, organizations today depend on all kinds of third parties for virtually every conceivable business function.
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.
Some people view sustainability efforts as tree hugging idealism and some business executives perceive sustainability efforts as wastes of money. Both views are short-sighted. Bloomberg reports a new analysis by University College London researchers concludes, “If the U.S. wants to extend economic growth, it should double down on cleaning up the environment and fighting climate change, which are fueling both jobs and revenue.”[1] Mark Maslin ( @ProfMarkMaslin ), a professor of geogra
Retail enterprises must automate their inventory processes with mobility in order to stay ahead. The retail industry is where many people first experience mobile barcoding devices. This is no surprise, since retail relies on inventory management software and hardware to track, procure and supply its products. Supply chain pressures from commoditization, tariffs and increasingly short delivery times due to Amazon’s drive to same-day shipping all impact retail organizations.
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