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Supply Chain Leaders Can’t Afford to Guess About the Future. Executive Summary In Part One of this blog series we ’ re going to discuss the phenomenon that seems to be at the center of every economic advisor’s latest report: recession. Notably, we’ll be examining the shaky logic for some statements we’ve seen about the potential for an economic slowdown to actually help supply chains recover.
We explain what exactly purchase order management is, how the process works, and what steps businesses can take in order to make the process more efficient and effective.
Climate change. Resource scarcity. Population growth. Urbanization. Air and water pollution. When it comes to sustainability , many business leaders are feeling the pressure to act. Customers, investors, and regulatory agencies are demanding that companies actively address the climate crisis. Environmental, social, and governance (ESG) priorities impact every facet of business and will determine the market leaders of tomorrow.
It’s time to unplug and get off the grid. No email, no social media, no television. Just music and books and the great outdoors. Before I disconnect and head to the land of ice, here’s the supply chain and logistics news that caught my attention this week: Walmart Tells Suppliers New Fuel and Pickup Fees. Read more Above the Fold: Supply Chain Logistics News (July 8, 2022).
Lisa Morales-Hellebo and Joe Lynch discuss The Worldwide Supply Chain Federation. Lisa is the Co-Founder and GP at REFASHIOND Ventures , an emerging venture capital fund manager that invests in early stage supply chain technology. About Lisa Morales-Hellebo. Lisa Morales-Hellebo is a VC, seasoned entrepreneur, product strategist, and community builder.
Lisa Morales-Hellebo and Joe Lynch discuss The Worldwide Supply Chain Federation. Lisa is the Co-Founder and GP at REFASHIOND Ventures , an emerging venture capital fund manager that invests in early stage supply chain technology. About Lisa Morales-Hellebo. Lisa Morales-Hellebo is a VC, seasoned entrepreneur, product strategist, and community builder.
Reach corporate social responsibility goals while improving your economic sustainability. Key Takeaways : You make important decisions daily that affect both your own corporate responsibility goals and external ESG demands from consumers and investors Vendors can make or break your broad supply chain goals, which makes real-time, AI-analyzed data essential for supply chain decision-making Self-reporting and a cumbersome audit process present dangerous challenges that can be overcome with an inte
Last week I saw a news headline from the Washington Post stating Michael Burry’s ‘Bullwhip’ Tweet Deserves Serious Attention. Michael Burry ( @michaeljburry ) is most well-known as the hedge fund manager portrayed by Christian Bale in the movie “ The Big Short.” His track record justifiably garners many followers on Twitter – 895,000 according to the account.
As we appear to be emerging from our worst healthcare crisis in a century, many experts have assumed that people would eagerly return to work. But that is simply not happening. .
“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.
Experts continue to debate whether artificial intelligence (AI) is a real thing or simply a marketing term. And, knowing that many people draw their perceptions of AI from science fiction books and films, IBM looked for some other term to better explain its AI-related offering. As a result, IBM coined the term “cognitive computing” to describe its Watson computing system.
ARC has recently completed a study on the transportation management system integration market. We have previously done a study of transportation management system (TMS) market and transportation execution and visibility system markets , and interviewed TMS vendors. Finally, we have surveyed and interviewed TMS customers. Interviewing the system integrators (SIs), that implement the different types of transportation software solutions, allowed us to complete our 360-degree review of freight trans
A Washington-based think tank has launched an initiative to encourage widespread adoption of standardized data-sharing in the freight sector in order to boost sustainability.
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
For a long time, companies had been redesigning their supply chain networks and practices to become more demand driven. With the disruptions of the past two years, however, companies are now becoming more supply driven — that is, their manufacturing and sales and promotions plans are being driven more by what parts or inventory they. Read more [Video] Enabling Assurance Of Supply In The Global Marketplace.
Unless you’ve been living underneath a rock, you’re aware that our world has been hit with a few years of unprecedented challenges – from a global pandemic to supply chain…
An indicator of U.S. supply chain pressure fell to the lowest level in two years, as a sharp drop in transportation costs underscores the slowdown in the nation’s economy heading into the second half of the year.
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.
How could a manufacturing business that bends, cuts and welds metal benefit from Cloud ERP? With ongoing supply chain disruptions continuing to affect all industries, that’s a question that the fabricated metals industry is beginning to ask. Supply Chain disruptions are creating a chain reaction across the metal fabrication industry. By nature, the Fabricated Metals Industry creates made-to-order products based on specific customer specifications.
One should keep in mind that every transaction has an additional hidden cost in labor and overheads, such as the time spent sourcing products, tracking deliveries, matching invoices, and overseeing suppliers. The question arises: when to separate purchasing management tasks into an autonomous operational role and hire a designated professional? There is no universal answer to this question, as purchasing process, procurement policies, goals, and volumes differ not only in the industries but even
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.
By Jason Walker. The COVID-19 pandemic made a major impact on supply chain operations, from manufacturing and shipping to distribution and warehousing. When the world shut down, warehouses were faced with a seemingly unsolvable question: How do we continue operating while keeping people home safe? The answer quickly revealed itself: automation. Warehouse automation is not a new concept, and various automated systems have become commonplace around the world.
By Alex MacPherson (pictured). Director of Solution Consultancy & Account Management, Manhattan Associates. The post The unexpected opportunity to accelerate a green commerce revolution appeared first on IT Supply Chain.
Tesla vehicle deliveries plummet after disruption in China Due to the lockdowns in China which caused one of Tesla’s key factories to shut down, the company’s delivery figures have declined…
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.
In the Northern Hemisphere, we recently celebrated the Summer Solstice, which means the start of calendar summer and the longest day of the year. I always chuckle on the day after the solstice as I think of a fond childhood memory. On the 22 nd of June (typically the day after the solstice), my father would come in after work dressed like he was ready for a blizzard.
By Rob Fisher (pictured). IMHX 2022 Event Director. The post ‘Business as usual’ is no longer an option for long-term sustainability success appeared first on IT Supply Chain.
The spirits industry is evolving at speed as consumer tastes, habits – and demands – change. And as the peak of the pandemic fades, these trends are becoming more prominent. So how are these trends changing the industry, and what can we expect in 2022 and beyond? We take a look at 19 key trends, and what to expect in the future from this industry. How is the alcohol industry changing in 2022?
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