Sat.May 16, 2020 - Fri.May 22, 2020

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What is Supplier Relationship Management?

TradeGecko

What is Supplier Relationship Management? Supplier relationship management (SRM) is the process of identifying the suppliers that are critical to a business and implementing a system of managing relationships with those key suppliers. As supply chains become more complicated, the need to develop clear, measurable ways to evaluate how every supplier either contributes to or detracts from the success of a business is more important than ever before.

System 158
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Recession-Proof Businesses and Products: Staying Afloat During Economic Downturn

ShipBob

Recessions bring hard times. It’s painful to think back to the last recession and financial crisis, which wasn’t that long ago, with all of the damage it caused. Now, we’re on the verge of another recession. The COVID-19 pandemic has caused a worldwide economic downturn practically overnight, causing small businesses and established companies to be at risk of shutting down, even permanently.

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Re-skilling the Workforce – After COVID/Before COVID

SYSPRO Smarter ERP

We all know that the world is going through a major change that will lead to us running our lives differently than we did BC (Before COVID). What some businesses are beginning to realize though is that their workforce will need to learn new skills AC/DC (After COVID/During COVID). There’s an old joke: A CFO says […]. The post Re-skilling the Workforce – After COVID/Before COVID appeared first on SYSPRO US.

DC 59
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Machine Vision system (the eye of the machine)

Prophetic Technology

How does Machine Vision work? Software and hardware combined work to make MV systems possible. The purpose of all its capabilities is to grant machines the power of vision aiming to imitate human sight. But devices need to go through the process of acquiring, analysing and understanding images.

System 88
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Speeding Robotics Automation with AI

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.

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Technologies for Cost Management in eCommerce Retailing

Vinculum

eCommerce has emerged to be the backbone of global retailing in the past decade and eCommerce sales have reached a booming $2.3 trillion, worldwide. From global giants to single-store owners, retailers prefer eCommerce as a leading sales channel to reach out to their customers and increase sales. At this perspective, cost management remains an important matter of concern to stay ahead in the competition and to remain successful in the eCommerce arena. eCommerce being a technology-backed way of s

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Keeping Supply Chain Running in the Rapidly Changing Conditions

Vinculum

Several brands are facing difficulty in putting forth their opinions about the current supply chain scenario. The reason particularly not being able to take part in the change. COVID-19 situation is now stabilizing very slowly; people have started businesses now. Are we ready to deal with the changes upcoming in the demand-supply chain? Let’s start by tracing back to January 2020 and understand something; despite trying to contain the spread of the virus, what went wrong?

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4 FAQs About Multienterprise Supply Chain Business Networks

MPO Multi Party Orchestration

Gartner recently released the 2020 Magic Quadrant for Multienterprise Supply Chain Business Networks (MESCBN). According to Gartner, “MESCBNs are an essential technology component to a successful digital transformation.” While this is undoubtedly true, businesses rarely say “I need a MESCBN solution.” Instead, they address pain points, such as a lack of visibility or inability to swiftly resolve exceptions.

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How Promotions Planning Software Enables Collaboration That Pays Off

ToolsGroup

Promotions planning is challenging, but promotions planning software can help alleviate some of the common pain points companies face when they try to improve their forecast accuracy and increase promotions generated revenue. After spending half my career in marketing and the other half in supply chain, there’s one thing I know for certain: marketing and supply chain don’t speak the same language.

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10 Most Effective Tips for Optimizing Your Supply Chain

GlobalTranz

Supply chains are complex ecosystems of people, tools, and strategies that are getting increasingly difficult to manage efficiently. With so many stakeholders involved in the process, only a comprehensive supply chain management plan can help you improve business results in the long run. It’s not a feat you can achieve with only one major tool.read More.

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Tail Inventory: The Silent Cost Driver You Shouldn't Ignore

Learn how centralizing slow-moving SKUs can help reduce fulfillment costs by $300M+ while boosting fulfillment efficiency.

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Digital Transformation in the Supply Chain

Logistics Viewpoints

Digitalization is accelerating the pace of business and transforming global supply chains. In a freewheeling discussion at the ARC Industry Forum in Orlando, I spoke with Richard Howells, Vice President Marketing Digital Supply Chain at SAP about the trends, customer expectations, the challenges, and imperatives of digital transformation in the supply chain.

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Supply Chain Recognition in Times of Disruption

DELMIA Quintiq

Supply Chains and Integrated Logistics. The crisis generated by Covid-19 brought as one of its aspects, the notion of the extension of supply chains and integrated logistics, its impacts on the businesses of the companies, and the lives of people. In the current scenario, it became clear the perception of the links in the chain and the supply of products often have a long way to go before reaching the customer or consumer.

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The Consumer-Direct Strategy: Why You Need to Strengthen Your Direct-to-Consumer Channels

The Network Effect

The post The Consumer-Direct Strategy: Why You Need to Strengthen Your Direct-to-Consumer Channels appeared first on The Network Effect.

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Final Mile Differentiation: M&As to Increase Demand for Better Last Mile Service

GlobalTranz

Organizations across the globe continue to rethink their supply chain strategies, and as a result, more mergers and acquisitions are reshaping the way in which supply chains handle final mile logistics. For some, an acquisition offers the opportunity to enter the final mile space and deliver more e-commerce packages, but others may experience losses in.read More.

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“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.

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Above the Fold: Supply Chain Logistics News (May 22, 2020)

Talking Logistics

Citigroup Chief Executive Michael Corbat told employees they can take an extra day off this Friday (today) after working “harder than ever” in response to the coronavirus pandemic. Cisco told its 75,000 employees to take today off too to recharge after weeks of working remotely amid the COVID-19 crisis. I’m taking (most of) today off. Read more Above the Fold: Supply Chain Logistics News (May 22, 2020).

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Upgrading to One Integrated Suite for all Logistics Operations with Naval Sabharwal

The Logistics of Logistics

Naval Sabharwal and Joe Lynch discuss why using one integrated suite for all logistics operations is the best approach for driving logistics and supply chain efficiency and effectiveness. Utilizing fragmented systems limits logistics companies from fully leveraging the data in their systems. Data equals dollars and the 3PLs that best harvest the data (dollars) in their systems will be the most profitable.

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How To Implement Predictive Analytics Into Your Company

Logility

Chances are, if you’re in marketing, sales, or one of the more technical aspects of business, you’ve used predictive analytics in some part of your job. Retail giant Amazon uses predictive analytics to study the behaviors of over 200 million customers who produce over 1 billion GB of website data per year, which results in tailored product suggestions that earn the company over $2 billion in sales a year.

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BD’s Control Tower Implementation

Logistics Viewpoints

What BD's Control Tower can do seems almost magical. But the control tower's capabilities are a result of the technology and the implementation design. This article describes the design and implementation of BD's control tower. The post BD’s Control Tower Implementation appeared first on Logistics Viewpoints.

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How to Modernize Manufacturing Without Losing Control

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

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Impact of COVID-19: Insights from Indago Supply Chain Members

Talking Logistics

This time of the year, I’m usually on the road delivering keynote presentations at industry conferences. But with all in-person events cancelled due to the coronavirus pandemic, I am at home like everybody else. COVID-19, however, has not cancelled the need for supply chain and logistics professionals to stay informed of industry trends, and for. Read more Impact of COVID-19: Insights from Indago Supply Chain Members.

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5 Ways to Make Your Manufacturing Plant More Sustainable in the Age of COVID-19

DELMIA Quintiq

While most people are homebound during the COVID-19 situation, many are still on the frontlines. Essential workers don’t just include hospital staff. This classification extends to the manufacturing facilities and personnel keeping us fed and supplied. These individuals are ultimately helping to turn the tide in the global pandemic. Doing more with less is more critical in manufacturing than ever.

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Transportation of Goods in a Changed World

Kuebix

The Covid-19 pandemic has altered every aspect of both small and large businesses for the foreseeable future. Supply chains throughout the country are adapting to changes in demand and new rules and regulations. Manufacturers, suppliers and truck drivers are adjusting to changes posed by Covid-19 every day. How Truck Drivers are Operating in an Economy […].

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ToolsGroup Launches AI-Powered Promotions Planning

ToolsGroup

Promo Planning software reduces risk and helps improve performance of CPG and retail promotions BOSTON (May 21, 2020) ToolsGroup, a global leader in supply chain planning software, today announced the launch of its promotion planning software, Promo Planning, which simplifies and streamlines promotion optimization for retail and consumer products (CPG) companies.

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A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

Speaker: Jason Cottrell and Gireesh Sahukar

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.

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Driving Supply Chain Analytics User Adoption with Cross-Departmental Metrics

Logility

User adoption is a challenge that often arises during the rollout of supply chain analytics solutions. Users are accustomed to building everything in Excel and manipulating the data as needed for their own particular use, typically using static reports or spreadsheets that are siloed in specific departmental needs. The obvious danger of this is that business rules and data governance often don’t exist from department to department or user to user, leaving an overall picture into the health of th

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COVID-19 & SCM – Importance of Operations Management to Overcome the Limitations of Data-Driven

Arkieva

An often-heard theme in supply chain management (SCM) and COVID-19 is “data-driven” – being data-driven is the path to success. For COVID-19 “science-driven” is often said in the same sentence. For SCM demand or customer-driven replaces “science”. This blog will point out a few examples in the COVID-19 challenge demonstrating COVID-19 is an OM challenge.

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Adaptation is Critical (Takeaways from Manhattan Momentum Connect 2020)

Talking Logistics

“Adaptation is critical,” said Eddie Capel, Manhattan Associates’ CEO, in his opening comments yesterday at Manhattan Momentum Connect 2020. He was referring to companies and their supply chains, especially in light of the challenges and disruptions caused by COVID-19. But Manhattan Associates, like others in the industry, has also had to adapt to current realities, Read more Adaptation is Critical (Takeaways from Manhattan Momentum Connect 2020).

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It's Time to Reconsider the Math on Rare Earth Elements

Supply Chain Brain

Rare earth elements are key to U.S. supply-chain independence, and have earned their place in the national agenda.

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Revolutionizing Hiring: Remote-Insourcing That Slashes Turnover & Training Costs!

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.

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Securing the First, Middle and Last Mile with Andrew Kelley

The Logistics of Logistics

Securing the First, Middle and Last Mile with Andrew Kelley. Andrew Kelley and Joe Lynch discuss securing the first, middle and last mile. As supply chains evolve, the need for secure asset transfer increases for both consumers and business to business applications. About Andrew Kelley. Andrew Kelley is the Chief Commercial Officer at BoxLock is an experienced technology executive and entrepreneur with over 20 years of experience in supply chain, logistics, SaaS, software, and technology-enabled

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Uncertain Times Call for Strong Leaders: A Q&A with Dawn Tiura

ivalua

This article was originally posted on the SIG blog. If you’re interested in reading more on leadership in sourcing, the future of work or just want to learn more about SIG, feel free to subscribe at sig.org/subscribe. Business today isn’t business as usual, as the COVID-19 pandemic impacts organizations and supply chains across the globe. And in uncertain times such as these, leaders in every industry and business function must step up.

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Contact Tracing in Supply Chain Operations

Talking Logistics

Does your warehouse management system (WMS) have contact tracing capabilities? It’s a question that will likely appear in vendor inquiries moving forward, not just for WMS applications but also manufacturing, packaging, retail, construction, and other enterprise software systems. What is contact tracing? The Centers for Disease Control (CDC) provides several core principles, including: In contact.