This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The fact is, we have, and will continue to have, more and more destabilizing events for our supply chains.Your company may have a supply chain that was conceived in a different context to that of today. In the heyday of globalization, sourcing components from the other side of the world was the norm, and the.
Agile Procurement involves a new way of thinking. It promotes flexible sourcing and working closely with suppliers. It also involves adapting plans and constantly improving through feedback. Successful examples show that being flexible in procurement brings better responsiveness, smoother processes, and strong supplier relationships. This helps organizations succeed in today’s ever-changing business world.
It’s time we face it: As supply chain professionals, we’re working in an environment of perpetual chaos. Inflation continues unabated. Labor shortages are only getting worse. Both consumer confidence and business confidence graphs look like rollercoasters. After 20 months, the Russia-Ukraine conflict shows no signs of a peaceful resolution. And a record-setting 23 separate weather- and climate-related disasters in the U.S. have each caused at least $1 billion in damages in 2023.
“When you stop learning, you stop leading,” says leadership expert Kenneth Blanchard. This is particularly true for supply chain professionals considering the rapid and ongoing changes in the field. If you were to go back to school (or have already) to improve your skills/knowledge in areas you view as important for continuing your growth as.
ChatGPT Turns One This month, ChatGPT (Chat Generative Pre-Trained Transformer) turns one on November 30 th , 2023. It’s a noteworthy date for the AI chatbot. Developed by Open AI as a large language model-based chatbot, the LLM allows end users to generate texts, code, and images. Microsoft invested over $10 billion in the company in 2023 and Bain has forged a partnership with OpenAI.
We congratulate all of the finalists in this year’s SCIA competition, who reflect the quantity, quality and scope of innovations that are being devised by supply chain leaders everywhere.
We congratulate all of the finalists in this year’s SCIA competition, who reflect the quantity, quality and scope of innovations that are being devised by supply chain leaders everywhere.
The wholesale distribution and manufacturing (WD&M) landscape is entering a new era. B2B customers increasingly expect a commerce-like experience. Self-service and flexible, omni-channel fulfillment are the new gold standards. Erosion of regional restrictions means whoever has the product on hand gets the deal, and e-commerce distributors and marketplaces are muscling in.
By Thomas Lobert (pictured) Solutions Consultant Global Trade Intelligence, Descartes The post Three things to know about forced labour & its implications within the global supply chain appeared first on IT Supply Chain.
Global logistics difficulties are at the lowest in 26 years as transportation costs keep declining, according to the Federal Reserve Bank of New York's Global Supply Chain Pressure Index.
Countries across the globe have held human rights and environmental protection legislation for decades. However, the standards of compliance are evolving to ensure greater accountability for corporations and their supply chains. In fact, corporate accountability plays a major role in meeting human rights and environmental protection standards. While new mandatory regulations have taken effect in 2023, companies need to significantly ramp up their due diligence efforts and ensure compliance with
“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.
In my writing, I try to get clear on definitions. The supply chain space is heavily laden with acronyms, gobbledygook, false narratives, and over-hyped, fast-talking technology sales teams. Let’s take an example. This is a post from LinkedIn today. “At the Digital Supply Chain event at SAP. First great insight from John McNiff: digital mature companies have lower DIO, IBP supports them!
The notion of going green is a hot topic as companies and countries look at their overall environmental impact and search for ways to be more sustainable. Companies can begin to offset their carbon footprint by taking a deeper look at their supply chain, including product packaging, energy efficiency, alternative fuels, route optimization, and returns and recycling programs.
With Veteran’s Day being observed today, we will keep it short and simple. Here’s the supply chain and logistics news that caught my attention this week: Thank you to all our veterans for your service and sacrifices! Have a happy weekend! Song of the Week: “Nothing Matters” by The Last Dinner Party The post Above the Fold: Supply Chain Logistics News (November 10, 2023) appeared first on Talking Logistics with Adrian Gonzalez.
Nate Shutes and Joe Lynch discuss helping logistics founders, which is exactly what Nate does with his podcast, The Bootstrapper’s Guide to Logistics. About Nate Shutes Nate Shutes is the host of The Bootstrapper’s Guide to Logistics podcast and is currently building a private community for logistics entrepreneurs. He is also the VP of Global Fulfillment & Logistics for Blu Dot, a modern furniture designer and retailer based in Minneapolis, MN.
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
With ToolsGroup’s AI-powered demand forecasting, the plant-based food innovator revolutionizes its supply chain, maximizing accuracy, speed, and business performance. BOSTON – November 9, 2023 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is proud to announce it has been selected by Heura , a leader in next generation plant-based meat production, to help the company achieve the planning speed and accuracy necessary to transform its supply operation
Suppliers are facing increasing pressure from the buyers of their goods and services to report their environmental, social, and governance data. As corporations announce plans to be Net Zero across their end-to-end supply chain at some point in the future – often 2050 – they then need their suppliers to participate in helping them meet their goals. Corporations are kicking off these initiatives both because their customers expect it and because of increasing regulatory pressure.
We’ve got horrible roads where I live, lots of bumps and potholes everywhere. Not surprisingly, I’ve had to replace the shock absorbers on my car more than once. What does a shock absorber do? They dampen all those bumps in the road so your car can travel as smoothly as possible. If you’re a transportation. Read more The post How To Prevent Your TMS From Becoming a Shock Absorber appeared first on Talking Logistics with Adrian Gonzalez.
When the pandemic emptied offices and factories, business continuity planning (BCP) became a big issue for many companies. During the height of the pandemic, Damian Ehrlicher , Managing Partner at DGF Advisors, wrote, “Traditional business continuity was designed to build a secondary disaster recovery site that mirrored your production site in case of an infrastructure failure, but with an organization in constant development mode, this traditional methodology had to be augmented to adjust
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.
Heura® Foods was created in 2017 as a social mission-turned-business, focused on changing the current food system to one that fosters better health, nutrition, and sustainability. The company began experiencing impressive market growth and quickly recognized the need for a supply chain digital transformation, powered by ToolsGroup Service Optimizer 99+.
Investing in and implementing smart sourcing and manufacturing solutions is not a quick and complete fix for today’s drug and device shortages, but it can help.
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 version 2023.3, retailers increase efficiency with even more powerful processing and time-saving automation. BOSTON — November 7, 2023 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, has announced the latest version of its JustEnough Retail Planning and Execution suite, making major advancements in its Assortment Planning and Allocation capabilities.
Recently, I had the privilege of attending the Snowflake Data Cloud World Tour in sunny Santa Clara, California, which left me feeling inspired and invigorated. The Snowflake Data Cloud World Tour serves as a platform for discovering how to use and collaborate with data in unimaginable ways. Through its diverse range of sessions, demonstrations, and networking opportunities, the conference empowers attendees with the knowledge and tools needed to unlock the full potential of their data, enabling
RS Group achieves back-to-back Ecovadis platinum medal for sustainability excellence RS Group receives platinum medal for notable leadership in the fields of environment, ethics, sustainable procurement, and labour and human rights LONDON, UK , 9 November 2023 – RS Group plc (LSE: RS1), a global provider of product and service solutions for industrial customers, today announced it has been awarded a platinum medal for the second year in a row by EcoVadis , the independent provider of global sust
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 does confidence become overconfidence? That’s a question retailers should consider when they think about artificial intelligence (AI). A new survey by Blue Yonder found that almost all retail executives feel confident in their command of AI. Executives overwhelmingly say they know a lot about AI, are using the technology and have made further AI adoption a priority going forward.
In November 2013, a landmark decision was taken by Congress to strengthen the U.S. pharmaceutical supply chain. The Drug Supply Chain Security Act (DSCSA) became law, establishing regulations designed to address the issues of counterfeit, contaminated, stolen, or otherwise harmful drugs endangering public health. It was created to keep these illicit and counterfeit drugs out of the U.S. drug supply chain, protecting end users.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content