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Editor’s Note: The following is an excerpt of a research report published recently, “Realizing the Full Business Benefits of Supply Chain Visibility.” The research, conducted by Adelante SCM and commissioned by Kaleris, highlights the main objectives companies have for achieving end-to-end supply chain visibility; the biggest dark/blind spots in the supply chain today; and the.
Top 3 Demand Forecasting Mistakes —How To Avoid Them with Demand planning software Demand forecasting is a critical facet of successful business operations, acting as the helm guiding companies through the rocks hiding beneath the water of market demands. Accurate demand forecasts can empower a business to optimize its production schedules, manage its inventory efficiently, and minimize waste, which can lead to improved profit margins.
Let’s face it. As an avid Lean practitioner, I have an instinctive aversion to batch sizes. For a long time, I thought that the ideal would be that when a consumer needs something, it should be manufactured and made available, by the unit, almost immediately.
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.
Are Digital Twins Achievable? I have to imagine that everyone that works in an industrial setting has heard about digital twins at this point. Perhaps they’ve heard more than they care to, and would rather see more digital twins in practice. While the promise is clear, and we see a growing number of case studies proving the benefits of the approach, many companies struggle to create and maintain digital twins.
Manhattan Associates, a supplier of supply chain management software solutions and the market share leader for warehouse management systems (WMS), had their Momentum user conference a couple of weeks ago. Sanjeev Siotia, the chief technology officer at Manhattan, spoke about the role of ChatGPT for supply chain management in one of the keynotes on day one of the conference.
Manhattan Associates, a supplier of supply chain management software solutions and the market share leader for warehouse management systems (WMS), had their Momentum user conference a couple of weeks ago. Sanjeev Siotia, the chief technology officer at Manhattan, spoke about the role of ChatGPT for supply chain management in one of the keynotes on day one of the conference.
When QAD hosted a live webinar earlier this year to explore and analyze the challenges that have procurement leadership buzzing these days, the issue of environmental, social and governance (ESG) was a hot topic. I know that many companies have fully embraced ESG — whether you’re a true believer or have given in to mounting pressure and, in some cases, legal requirements.
The supply chain industry has been evolving rapidly since the pandemic outbreak. After being disrupted and seriously jeopardized, the industry needed to find a way to carry out its activities and maintain its businesses. To do so, people needed to become innovative, adopt new technologies, digitalize, and even start using AI. As a result, the industry is growing, changing, and becoming more demanding, increasing the importance of language skills more than ever.
Author’s note: I wrote a slightly longer version of this post in November 2012. I’m sharing it again today with some minor edits because I believe the topic remains very relevant today. Most of the time, when people talk about innovation in supply chain management and logistics, the focus is on technology (e.g., AI and. Read more The post 3PLs and Software Vendors: 3 Questions to Keep Innovating Your Business Models appeared first on Talking Logistics with Adrian Gonzalez.
The global logistics automation market has been growing at a Compound Annual Growth Rate (CAGR) of 12.4% since 2020, the highest growth rate of any supply chain market.
This is a ChatGPT image rendered when asked, “Show me how Lora Cecere would look riding an Octopus.” Funny? Yes, quite. As I approach my 69th birthday and pending surgery, I thank ChatGPT for removing my facial lines and giving me a good hair day. But, you might ask, “Why an octopus?” Shouldn’t this gal be retiring? This leads me to a long story.
The Initial Hurdle: 2021’ Freight Fiasco During the COVID-19 pandemic, Conor from Fort Toys , like many other entrepreneurs, found himself dealing with skyrocketing demand… and skyrocketing freight costs. His product – a magnetic pillow fort for kids that was funded by a wildly successful Kickstarter campaign – was both fun…and bulky.
Technology for All In a retail era dominated by e-commerce giants, customer expectations have shifted towards instant product delivery at no cost. To meet these demands and ensure superior delivery experiences, retailers and carriers must leverage last-mile delivery technology. Previously, only large companies such as Amazon and FedEx possessed the network and scale required for cost-effective same-day and next-day shipping.
Erik Kiser and Joe Lynch discuss why faster EDI is a competitive advantage. Erik is the Founder and CEO of Orderful , a complete cloud EDI platform that is revolutionizing the way manufacturers, distributors, retailers, and technology companies trade EDI data. About Erik Kiser Erik Kiser is a visionary entrepreneur with a passion for revolutionizing the world of EDI.
“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.
My youngest son graduated from high school yesterday. A happy milestone, for sure, but I couldn’t help but think of this sad truth which Tim Urban illustrated in a December 2015 “What But Why” blog post: “It turns out that when I graduated from high school, I had already used up 93% of my in-person. Read more The post Above the Fold: Supply Chain Logistics News (June 9, 2023) appeared first on Talking Logistics with Adrian Gonzalez.
Supply chain management (SCM) master’s programs often emphasize functional silos, as reflected in course titles such as “Operations Management” and “Logistics and Distribution Management” While these traditional elements are important, they risk overlooking transformative perspectives necessary in the face of today’s global challenges.
A few weeks ago, I had the opportunity to speak with Kushal Nahata, Co-Founder and CEO at FarEye. In this conversation, Kushal and I talked about the complexities of last mile delivery. I asked Kushal to give some deeper insights on a few key points. First, what are some things companies can do to reduce delivery costs and how does technology play a role?
Blake Grolmus and Joe Lynch discuss the overlooked advantage in trucking. Blake serves as the Vice President of Safety for Ruan Transportation Management Systems , a family-owned dedicated logistics provider since 1932. About Blake Grolmus Blake Grolmus serves as the Vice President of Safety for Ruan Transportation Management Systems. Blake joined Ruan in 2017, leading the company’s new customer onboarding and continuous improvement activities before taking a leadership role in Ruan’s Gases an
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
The Gartner Supply Chain Symposium/Xpo conference brings thousands of supply chain executives together. Instead of enjoying world-famous theme parks, and nightlife in Orlando, Florida this year, attendees explored new ideas and technology investments that drive business growth and create more resilient supply chains. Various speakers discussed important topics that are top of mind for every executive, such as supply chain resiliency, digitalization, and sustainability.
Teaming up with ToolsGroup, the Italian frozen seafood company chooses AI to advance its supply chain processes and guarantee a superior consumer experience. MILAN and BOSTON – June 6, 2023 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is thrilled to announce it has been selected by D.I.MAR, an Italian leader in the frozen food industry, to heighten its supply chain performance, bolster supplier relationships, and drive enhanced business results.
If last year was characterized as the year that the entire world finally woke up to the importance of the supply chain, 2023 is set to be the year logistics executives take their supply chain seriously. The difficulties faced keeping goods moving in the last two years have made it imperative to put the right technology in place to help navigate the increasing complexity of managing any company’s supply chain.
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 late President and 5-star General Dwight D. Eisenhower once stated, “In preparing for battle, I have always found that plans are useless, but planning is indispensable.” Over the years, there has been a lot written about why planning is indispensable, even if plans are useless. Here’s my two cents. Planning is indispensable because, done right, it explores a number of scenarios and involves a lot of “what if” thinking.
Eight supply chains – food, construction, fashion, fast-moving consumer goods, electronics, automotive, professional services and freight – account for more than 50% of global emissions.
For many years, cost-cutting was the main driver behind supply chain design and optimization. But the tide has clearly turned. Today, within many organizations, sustainability ranks alongside cost and service as an important reason to reassess the supply chain. “When it comes to supply chain design, there are two aspects to our customer demand,” says … The post <em>Supply Chain Movement</em> and Chainalytics Spotlight a Coming Trend: Sustainability Increasingly Leads the Su
In the constantly evolving realm of the supply chain, paying close attention to its operations and management is essential for ensuring efficiency. A small unnoticed mistake can potentially result in significant issues for the entire process. Taking responsibility by assessing areas for improvement from time to time will help you achieve smooth and successful supply chain management.
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.
In today’s fast-paced business world, optimizing your supply chain is essential for staying competitive and efficient. With the right supply chain tools at your disposal, you can streamline operations, boost productivity, and save valuable time. Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting.
The backlog of anchored vessels has decreased from 155 to roughly a dozen while 92% of goods in grocery and drug stores are in stock, exceeding pre-pandemic levels.
GM to invests over $1B in EV battery production General Motors (GM) and POSCO are expanding the production of cathode active materials at their joint venture facility in Quebec to…
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