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In an era where technological advancements are necessary for staying competitive, the digitization of supply chains represents a pivotal shift in operational excellence.
9 Steps to Improving Supplier Collaboration for Competitive Advantage The strategic value of suppliers has been growing, and so has the need to rely on their performance and partnership. Supplier collaboration serves as the foundation for supply continuity, agility, risk management, and resilience when disruptions occur. Making key suppliers more like business partners than cost-reduction entities.
Home October 23, 2024 The Future of Pharmaceutical Logistics and Online Pharmacies Mary Hart , Senior Content Marketing Manager In recent years, there has been constant change in how goods are moved and delivered, but few changes have been as impactful as the surge in e-commerce. As online shopping has steadily grown — now representing over 20% of total retail sales according to recent data from the U.S.
As businesses become increasingly global, professionals in the supply chain field must keep up with new technologies, trends, and best practices. With numerous platforms offering online courses, including edX supply chain courses and SCMDOJO academy , it can be challenging to choose the one that best fits your needs, especially when it comes to specialized fields like supply chain management.
Imagine stepping onto the factory floor, not to the usual hum of machinery, but to a chorus of alarms, news of a key supplier’s financial collapse, and news of a cyberattack on your systems. This might sound like a scene from a disaster movie, but in the world of manufacturing, such risks are not just possible – they’re probable. The complex and interconnected nature of modern manufacturing operations makes them vulnerable to a wide array of threats, from operational disruptions and
Imagine stepping onto the factory floor, not to the usual hum of machinery, but to a chorus of alarms, news of a key supplier’s financial collapse, and news of a cyberattack on your systems. This might sound like a scene from a disaster movie, but in the world of manufacturing, such risks are not just possible – they’re probable. The complex and interconnected nature of modern manufacturing operations makes them vulnerable to a wide array of threats, from operational disruptions and
By Peter Kogut (pictured) Scientist at EOS Data Analytics The post Improving Supply Chain Management with Satellite Data appeared first on IT Supply Chain.
As supply chain management advances, efficiency in fulfillment operations has become more critical than ever. With the rise of e-commerce and increasing customer expectations, businesses are turning to automation to stay competitive. This blog post aims to guide supply chain managers, warehouse managers, operations managers, logistics managers, e-commerce businesses, and technology enthusiasts through integrating robotics into fulfillment processes.
Stealth? What made me think of that word? Do you remember that playground game called Statues ? One person is the 'Museum Curator' and stands at the end of a field or yard. Everyone else stands an agreed distance away and the aim of the game is for a 'Statue' to touch or tag the Curator without being seen moving.
“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.
President Obama signed the Affordable Care Act into law in 2010. The new law meant that the way medical systems operated had to change. Expanded health insurance coverage led to increases in the demand for care. The ACA led to a move away from fee-based services and toward compulsory value-based payment initiatives. This lowered hospitals’ margins and created an impetus for hospital chains to begin to tackle costs, but to do so in a manner that did not compromise patient outcomes.
One of the hard lessons companies have learned about e-commerce is that everything can go according to plan right up to the time a customer clicks the “Buy” button, but if you don’t get the order fulfillment process right, it can have negative consequences — not only with regards to customer experience and satisfaction, but. Read more The post Omnilife: An E-commerce Fulfillment and Delivery Success Story appeared first on Talking Logistics with Adrian Gonzalez.
Last week, a team from Blue Yonder attended the 2024 Gartner ® Supply Chain Planning Summit in London. The theme of this year’s conference was “Generating Value Together: Beyond Accuracy, Toward Intelligence.” In our opinion, while forecast accuracy used to be the number one priority for supply chain planners, the event put forward the importance of intelligent decision-making to balance multiple objectives when planning — such as margins, cash and growth — to drive real value from operations.
What are Common Supply Chain Pain Points Distributors Can’t Ignore? Managing a distribution supply chain can feel like a constant battle. With so many moving parts—suppliers, inventory, and logistics—distributors often find themselves stuck dealing with one crisis after another. But for those looking to grow and thrive, it’s essential to understand the common pain points and find practical ways to address them.
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
5000 developers are working on product enhancements and extensions to the SAP spend management suite. This is the largest area of investment for the company outside of ERP. With that level of investment, one would expect an aggressive product buildout. At SAP Spend Connect Live, held October 14-16 in Las Vegas, SAP did make several significant product announcements.
Do you still wear a mask? There is an older gentleman who goes to my gym. He still wears a mask. But it’s always on his chin. It doesn’t cover his mouth and nose at all. When people walk up to him to chat, he doesn’t pull it up. He keeps it there, on his. Read more The post Above the Fold: Supply Chain Logistics News (October 25, 2024) appeared first on Talking Logistics with Adrian Gonzalez.
This is the first blog post in a series on the tactics and benefits of deploying a comprehensive kitting solution. Holiday kitting isn't merely about bundling products; it's about crafting experiences that sparkle with the same joy as a perfectly selected and wrapped present. Much like an advent calendar that counts down to the big day with 24 unique treats, or a curated health and beauty set, kitting has become the secret ingredient for surprising and delighting your customers all year round.
What is Vendor Relationship Management (VRM) and Why It’s Essential for Your ERP and Inventory Software? Strong vendor relationships are critical for business success, especially when it comes to managing inventory and procurement. Vendor Relationship Management (VRM) helps businesses manage supplier interactions, track performance, and ensure smooth procurement processes.
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.
Implementing Digital Product Passports (DPPs) within an organization involves a detailed and strategic process. This requires a thorough readiness assessment, selection of appropriate technology, and careful integration with existing business processes. Each step must be approached methodically to ensure a successful and secure implementation that meets regulatory requirements and enhances operational transparency.
There’s a chill in the morning air, the leaves are turning, and the sun is setting earlier each day. Yes, we are well into Q4, that magical time when supply chain and logistics executives have to balance the demands of the upcoming holiday season with planning and budgeting for the year ahead. Add in the. Read more The post Top Talking Logistics Posts & Episodes – Plus Indago Highlights (Q3 2024) appeared first on Talking Logistics with Adrian Gonzalez.
Essential Guide to Supplier Collaboration Supplier collaboration is redefining success across industries. It’s no longer just about maintaining good relationships; it’s about turning those connections into engines of innovation, efficiency, and sustainability. Strong supplier partnerships drive new product development, unlock cost efficiencies, and ensure supply chains are adaptable to changing market conditions.
The Supply Chain Matters blog provides perspectives relative to despite having a tentative back-to-work wage negotiation, the outstanding issue of port automation provides added concerns for global industry supply chain teams. Background In early October, The International Longshoremen’s Association (ILA) and the United States Maritime Alliance agreed to a tentative deal on wages , temporarily ending a port strike that impacted 14 different U.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.
October 21st – 24th Supply Chain & Logistics News Round Up This past week, I returned to the Tampa Bay Area to visit family and see the lasting effects of back-to-back hurricanes. Words cannot fully capture the extent of the devastation left behind, and it will take months for the surrounding counties to recover from the aftermath in Milton and Helene.
The automotive industry is grappling with many challenges as it transitions to electric vehicles (EVs), while simultaneously navigating volatile production schedules, tightening regulatory compliance, and placing rising pressures on supplier relationships. These challenges underscore the complex and often transactional nature of relationships between customers and suppliers.
Supplier Collaboration: Fundamental to Elevating Manufacturing Performance Supplier relationships are at the heart of manufacturing performance. By selecting and developing the right suppliers and establishing streamlined, transparent communication with them, manufacturers gain the agility and resilience to respond to customer demands, rise to the top, and navigate disruptions more easily.
Supply Chain Matters provides added highlights and perspectives on Boeing’s ongoing business and labor relations challenges that continue to magnify. After Boeing and its machinist labor union negotiating team came to a second tentative agreement on proposed wages and benefits, labor union members voted yesterday to once again reject the company’s latest mediated contract offer.
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.
Amazon is making significant investments in nuclear energy, focusing on Small Modular Reactors (SMRs) as part of its goal to achieve net-zero carbon emissions by 2040. Following recent clean energy initiatives by Google and Microsoft, Amazon has partnered with X-energy to bring over 5 GW of new nuclear power online by 2039. The company plans to deploy SMRs at multiple locations, including four 80-MW reactors at Columbia Generating Station and a potential 300-MW plant near Dominion Energy’s North
Table of Contents Procurement and supply chain professionals today are under enormous pressure. Managing increasingly complex global networks, staying compliant with ever-changing regulations, and navigating unexpected disruptions have all become part of their daily routine. What’s more, they’re overwhelmed with data — too much information, too little time to act.
Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logist
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