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The first time I heard the term RPA (Robotic Process Automation) , I thought it was talking about actual robots moving actual things on a manufacturing line or warehouse. To be honest, I was a little disappointed when I found out it had to do with automating manual tasks and recording mouse movements and keystrokes. I want Rosie the Robot from The Jetsons!
The e-commerce revolution, omnichannel, personalized services and products, SKU proliferation, the Amazon Effect, and many other factors influence throughput in your warehouse. Throughput inefficiencies lead to decreased customer service and reduced profitability. Thus, the best way to avoid these risks and grow your company lies within increased throughput.
Note: The following is an excerpt from “ Omni-Channel Logistics Leaders: 5 Key Insights to Improve Inventory Performance for 2019 ,” based on research conducted by Adelante SCM and LEGACY Supply Chain Services with input from nearly 100 supply chain professionals from retail, manufacturing, and logistics service providers companies in the United States and Canada.
In December 2006, I published an article titled “ S&OP or just good supply chain planning ?” The article looked at what Sales and Operations Planning is, what it isn’t, and whether companies were on the right path to implementing it. I wondered: is S& OP just too hard to implement ? C ould the majority of the benefit s be achieved by first focusing on establishing good supply chain pl anning ?
by Leah McGuire Leah McGuire, Kerry Currier and Francini Ortiz at the 2019 MIT Center for Transportation and Logistics Women in Supply Chain Summit, where the gender gap in supply chain was the topic of focus. Joined by Kinaxis colleagues Kerry Currier and Francini Ortiz on a crisp, sunny morning at the end of March, we marveled at the cool light display of Converse shoes in the lobby of the Converse building in downtown Boston as we checked in as attendees and panelists to the inaugural MIT Ce
by Leah McGuire Leah McGuire, Kerry Currier and Francini Ortiz at the 2019 MIT Center for Transportation and Logistics Women in Supply Chain Summit, where the gender gap in supply chain was the topic of focus. Joined by Kinaxis colleagues Kerry Currier and Francini Ortiz on a crisp, sunny morning at the end of March, we marveled at the cool light display of Converse shoes in the lobby of the Converse building in downtown Boston as we checked in as attendees and panelists to the inaugural MIT Ce
Making changes that promote effective inbound logistics management can have a significant impact on your organization’s procurement department and team members. Unfortunately, many in the industry still uses the terms procurement and inbound logistics interchangeably, but procurement involves much more than merely managing the logistics of moving products from vendors and suppliers to your building.read More.
“We have this long-term strategy of building a very big company with a fantastic product that we can offer to the market. And this is our vision,” . Ivalua CEO David Khuat-Duy on Tuesday kicked off Ivalua NOW 2019 Chicago, at the Renaissance Chicago Downtown Hotel and welcomed hundreds of customers, prospects and partners. The event was themed on “The Art of Procurement” relating to how the further procurement leaders mature in their transformations, the more their approach shifts from science t
Even in 2019 many companies still underestimate the importance of their global supply chain and above all, how their logistics and supply chain performance can beneficially impact their marketing, ultimately leading to healthier financial results. Depending on your industry sector, transportation and logistics costs (as a percentage of sales) may range up to 14% or even higher for companies with an inefficient or outdated logistics set-up.
In December 2006, I published an article titled “ S&OP or just good supply chain planning ?” The article looked at what Sales and Operations Planning is, what it isn’t, and whether companies were on the right path to implementing it. I wondered: is S& OP just too hard to implement ? C ould the majority of the benefit s be achieved by first focusing on establishing good supply chain pl anning ?
“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.
Understanding more about the needs and wants of customers can help supply chain leaders make informed decisions, improve inventory management, and increase profitability. In recent months, conversations about how to improve forecasting in the supply chain have focused on a subject: demand sensing. However, what is demand sensing? In its most basic sense, it’s about.read More.
Doug Keeley, Product Marketing Manager, Ivalua. The most fundamental spend categorization in Procurement is the line between direct and indirect spend, but one effort that transcends this split is supplier management. This includes supplier information management, supply chain risk management/mitigation, and supplier performance management. Whether spend is direct or indirect, supplier information should be maintained centrally and with a high level of accuracy.
Well, that was quick. It seems like only yesterday I dropped my daughter off at college to begin her freshman year, and now I’m heading out to pick her up. Only yesterday she was born, me heading out to bring her home from the hospital. Only yesterday I graduated from college, bought a bicycle and cycled cross country, then headed out to Arizona to begin life again.
American Tire Distributors (ATD) to Highlight How It Worked with ToolsGroup to Tackle Forecasting and Inventory Challenges with S&OP. BOSTON (May 8, 2019) – ToolsGroup, a global leader in supply chain planning software, today shared details of its participation in the Gartner Supply Chain Executive Conference, taking place May 13-16 in Phoenix.
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
“Accelerating technology and automation are resulting in wholesale transformation of the supply chain profession.” This is the key message of EY’s new report, titled Supply Chain: Skills for the Digital Era. It is not long, but definitely a good read. The report states that “[p]rocesses with repeatable elements such as planning, monitoring and forecasting can all be automated and enhanced by robotics, artificial intelligence and advanced analytics” The authors obser
A new study from the Center for Supply Chain Research at Lehigh University shows that retailers are expanding their virtual inventory without incurring additional carrying and fulfillment costs by utilizing dropship programs
Transportation cost savings is usually cited as the number one reason companies invest in a transportation management system (TMS), but does the value go beyond that? When it comes to getting the most value from a TMS, what can we learn from leaders in the industry? Those are the main questions I discussed with Chris Jones, Executive Vice President, Marketing and Services at Descartes Systems Group , during a recent episode of Talking Logistics.
Ivalua is the Lead Partner at this year’s ProcureCon Asia, which will be held at the Amara Sanctuary Resort Sentosa. Eric Seah, Account Executive, Ivalua will take part in a Roundtable discussion on July 9th at 1.50pm and we will also have a customer presentation from Flex, details of this are below: 11:40 AM Partner Client Keynote: How to fully digitise your business processes and manage spend categories while improving transparency, data quality and supplier collaboration.
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.
Blockchain is an enigma. The technology can simplify business transactions but it can also be difficult to use. “There’s no question that blockchain technology has enormous potential,” writes Preethi Kasireddy ( @iam_preethi ), Founder and CEO of TruStory. “Decentralized exchanges, prediction markets, and asset management platforms are just a few of the exciting applications being explored by blockchain developers.”[1] Unfortunately, whenever someone uses the word “
For the past few years, blockchain technology has been hitting the news regularly, being implemented in everything from real estate transactions to the financial sector. Blockchain technology has evolved since making technological roots in cryptocurrency. It's a revolutionary method of digital record keeping. Blockchain is well on its way to be the next big thing in supply chain innovation.
When comparing today's retail environment with the past, it isn't surprising that the industry remains focused on improving visibility in the supply chain (again).
Ivalua is the SILVER sponsor at this prestiguous conference. If you would like to meet our team there please contact info@ivalua.com. We look forward to meeting you there! For more information and to register, please visit the event website. The post Gartner Supply Chain Executive Conference, 13th – 16th May 2019, Phoenix, Arizona appeared first on Ivalua.
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 professional football, a quarterback can “take a knee” while holding the ball to end a play and down the ball. Once the quarterback’s knee touches the ground and referees blow their whistles, onrushing opponents must stop their onslaught. There are undoubtedly moments when risk managers would like to “take a knee” in order to find respite from the risks their supply chains face.
Business theorists have been talking up the concept of supply chain as a “competitive weapon” for so many years that if it were really happening, they’d have a well-stocked armory by now.
This ebook describes how blockchain has the power to bring transparency and accountability to even the most complex supply chains, and why it is poised to transform the way suppliers, retailers, and consumers interact with one another and their goods.
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.
Business relationships for the sale of goods and services can be split up into two broad categories: business to business (B2B), and business to consumer (B2C). B2B products and services are sold from one business to another business, and in B2C, the products are sold from a business to the end user. As a result, the supply chains of these two types of business relationships have several important differences and therefore understanding the implications of each can foster growth and improvement.
I manage the Customer Marketing program at JDA. That means that I get to talk to customers from around the world every day. I have the opportunity to hear their stories, understand how they’re using our solutions, and to get to know more about them, their families and career journeys. Many days I think my job is the best one at JDA! That’s why this is my favorite time of year.
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