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In the Four Frequent Flaws series we have looked at the entire supply chain right up to the consumer shelf, i.e. the Enchange 6-Part Model. What can go wrong, what can go right, what can I change quickly? FMCG CEOs are asking what they can do now rather than wait months or years for transformational projects top kick in and deliver.
Global organizations are wrestling with big, strategic change initiatives in a volatile macroeconomy blighted by years of pandemic and now facing wartime disruptions. A staggering 75% of organizations say they are dealing with more regional or global high-impact disruptions than they were just five years ago, and 68% are constantly responding to significant unplanned–and unprepared-for–disruptions. ( Gartner ).
There are obvious risks involved in sourcing goods from other countries. Managing global vendors well is an investment in the future of your business. In today’s socially connected world, there’s no room for error. A small mistake or error in judgement could turn into a full-blown crisis once customers and other stakeholders take to social media. And if the blunder is serious enough, it could be the end of your business – even if you’re not directly responsible.
MODEX 2022 kicked-off on Monday and I spent the full-day Tuesday on the floor. Needless to say, it was liberating to be back at a trade show in person – my first since March 2020. From the looks of the high attendance and the extensive booth displays, there was clearly some pent-up demand for the technology on display and the insights being conveyed.
Last month in “The Difficulty Of Measuring Scope 3 Emissions,” I highlighted how almost 70% of Costco’s shareholders voted “yes” on a proposal that calls on the company to set “short, medium, and long-term science-based greenhouse gas emissions reduction targets” to achieve net-zero emissions by 2050 — and how Costco’s board of directors wanted shareholders.
The name Nespresso conjures images of rounded coffee capsules and luxury brewing machines for caffeine lovers worldwide. But there’s much more than expert coffee roasting and craftsmanship behind this iconic company’s success. Nespresso’s complex coffee supply chain. It’s no simple task providing customers access to the full range of capsules and coffee machines on all sales channels, across more than 70 boutiques in Italy, while optimizing inventory levels.
The name Nespresso conjures images of rounded coffee capsules and luxury brewing machines for caffeine lovers worldwide. But there’s much more than expert coffee roasting and craftsmanship behind this iconic company’s success. Nespresso’s complex coffee supply chain. It’s no simple task providing customers access to the full range of capsules and coffee machines on all sales channels, across more than 70 boutiques in Italy, while optimizing inventory levels.
The past couple of years has been a remarkable time for e-commerce as more and more consumers have discovered the digital path to purchase. Nina Taniguchi, an Ads Research and Insights Manager at Google, writes, “ Much has already been written about how COVID-19 has dramatically changed consumer behavior. Across industries and regions, people prioritized essentials and reduced impulse purchases.
Already upended for two years by the COVID-19 pandemic, the worldwide logistics industry is facing new challenges. With gasoline prices reaching record highs , transportation managers must make smarter decisions that minimize road miles and associated costs. While demand is high, ongoing product shortages continue to cause supply chain disruptions, create unpredictable shopping behaviors and drive rapid delivery expectations.
Welcome to April. The first of April. You know what that means, right? Of course you do, but can you spot the fake news headlines among the real ones below? I bet you can, but which fake headline is closest to being true? Post a comment and let me know. Shanghai Covid-19 Lockdown Poses Fresh. Read more Above the Fold: Supply Chain Logistics News (April 1, 2022).
The Freight Market Place with Dave Maddox. Dave Maddox and Joe Lynch discuss the freight market place. Dave is the VP of Enterprise Sales for Emerge , one of the fastest-growing startups in the U.S. and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. About Dave Maddox. Dave Maddox has over 39 years of industry experience, Maddox specializes in Supply Chain & Transportation Sales, with operations management in distribution,
“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.
Will the supply chain ever catch a break? While the industry continues to be rocked by world events, uncertainty has become the new normal. With every link of the supply chain impacting businesses both large and small, keeping up with the globally disrupted supply chain evolution is a recipe for whiplash. In this blog post, we’ve compiled a list of over 100 supply chain crisis statistics to help you stay informed and build a more agile, resilient supply chain.
Michelle Sodomka, Senior Director at Open Sky Group. TuSimple Holdings (NASDAQ: TSP) – in its most recent call with financial analysts – reaffirmed that they expect to have fully autonomous trucks on the road in 2024. Their CEO is projecting impressive profits following the debut of its 2024 driverless 18-wheelers in partnership with Navistar International Corp and Volkswagen AG’s trucking unit Traton.
Note: Today’s post is part of our “Editor’s Pick” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This January 2022 post from E2open’s blog highlights how manufacturing quality plays into carbon production and presents three steps to reduce.
Redefining Freight Brokerage with Nick Jensen. Nick Jensen and Joe Lynch discuss redefining freight brokerage. Nick is the Director of National Accounts at Loadsmart , a freight technology company that is removing the barriers between shippers and carriers so freight can move in the most efficient, transparent and automated way. About Nick Jensen. Nick Jensen is the Director of National Accounts at Loadsmart.
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
When younger generations think about the future, they often see a much bleaker picture than their parents saw. Warnings about climate change now seem prophetic as severe weather, droughts, and melting glaciers plague much of the globe. To counter current climate trends, younger generations seem more determined to pressure governments and businesses to act.
A few days ago, the G7 countries rejected Russian demands to pay for future gas supply in rubles. Robert Habeck, Germany’s Federal Minister for Economic Affairs and Climate Action, therefore activated the early warning stage of the country’s gas emergency plan yesterday. Today, Russian President Putin signed a decree halting gas supplies unless paid for in rubles.
Outsourcing of supply chain operations has been a common practice for years. Companies seeking to improve supply chain performance have frequently chosen specialized service providers to perform entire operational processes. Now, supply chain planning services offer an alternative to planning done solely in-house. This blog post is the fourth part of a Chainalytics’ Integrated Demand … The post SFaaS: Boost Your Team’s Performance With Statistical Forecasting as a Service appeared first on
The transportation world is off its axis right now, largely due to the Covid Virus. This includes all modes of shipping via ocean, air, truck and rail (even couriers). The supply chain for most companies is in a state of flux and it will likely take 2 years or more to heal itself. Added to that is the recent turmoil in the Ukraine with Russia and Belarus being the agitators.
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.
Supply chains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supply chain and your customers’ end markets. A company’s supply chain is a key source of competitive advantage and Supply Chain Management (SCM) is designed to allow a company to monitor its suppliers and utilize the available resources to improve performance.
We all must eat to survive. As a result, there are few relationships more important for the well-being of modern humans than the one between consumers and the grocery stores from which they obtain their food. Prior to the pandemic, few of us gave much thought to this relationship. Grocery stores were open and shelves were well-stocked. As a result of the pandemic, however, both consumer behavior and store offerings were significantly changed.
Truly resilient supply chains can only be built with complete visibility. Key Takeaways: The pandemic triggered supply chain disruptions that continue to reverberate globally Weaknesses throughout the supply chain were exposed, and erroneous, ill-informed assumptions were made that further exacerbated the problems Among the disruptions were container shortages and component shortages that slowed or curtailed production To build a resilient supply chain requires end-to-end control and visibility
The Freight Marketplace with Dave Maddox. Dave Maddox and Joe Lynch discuss the freight marketplace. Dave is the VP of Enterprise Sales for Emerge , one of the fastest-growing startups in the U.S. and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. About Dave Maddox. Dave Maddox has over 39 years of industry experience, Maddox specializes in Supply Chain & Transportation Sales, with operations management in distribution, s
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.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is a Digital Transformation? Here we present five important steps for all individuals that are interested in digital supply chain transformation to help you attain success despite the numerous challenges that you are likely to experience. In a digital supply chain, the different foundations are created using web-based elements.
Supply chain snarls have generated headlines for months. As a result, numerous articles have been written about how supply chains must transform to avoid future headaches. The conundrum is that few pundits seem to agree on how that transformation should transpire. That’s not surprising. The supply chain is complex and there are no one-size-fits-all solutions.
U.S. importers, straining under a tapped-out supply chain, are increasingly offering top dollar for long-term shipping contracts that may not even be honored as they try whatever it takes to guarantee the arrival of their products.
BOSTON, MA—March 31, 2022 — ToolsGroup, the innovator of service-driven retail and supply chain planning software, is proud to announce that Robert Kaufholz, ToolsGroup VP of Product Innovation, and Mauro Adorno, ToolsGroup Chief Operating Officer, EMEA & APAC, are recipients of the 2022 “Pros to Know” award from Supply & Demand Chain Executive magazine.
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.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Optimize Your Factory for Industry 4.0! Industry 4.0 is a hot trend that is continually helping to increase efficiencies in manufacturing and many manufacturing companies are actively looking for ways to adopt it in their own operations. The potential gains for any production operation are significant, but there are also some requirements to be observed before attempting to implement Industry 4.0 practices in a manufac
What anniversary of your production plant might you celebrate this year? The 5th, 10th or is it older? Most plant floors are dominated by older equipment. Manufacturers are aware they need to modernize to take advantage of what technology can offer. They saw how technology gave many businesses competitive advantage during the pandemic, and they are aware of how the Fourth Industrial Revolution (4IR) will change industries.
Global supply strains that started to ease in early 2022 are worsening again as headwinds strengthen from the war in Ukraine and China’s Covid lockdowns, threatening slower growth and faster inflation across the global economy.
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