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Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain’s Moment of Truth Has Arrived! Being a CEO is tough enough, let alone how difficult it is if you don’t have all of the skills and knowledge needed. Many CEOs have a background in Finance or Sales and Marketing or Engineering, or are just entrepreneurs. But few have in-depth experience in Supply Chain, let alone understand how to leverage Supply Chain.
Inflation is Broad Based (Graph from Joseph Politano). Economists are beginning to speak of “immaculate disinflation.” This new concept argues that when inflation is caused by supply chain issues – like demand/supply mismatches, difficulty in securing products from China, port problems, energy inflation caused by a war in the Ukraine, and so forth – the Federal Reserve does not have to do anything to bring the inflation rate down; inflation will decrease by itself when the supply issues ar
I have long argued that companies need to expand their definition of supply chain visibility. It goes well beyond tracking shipments, orders, inventory, and assets in motion. End-to-end supply chain visibility also involves, for example: Knowing where the manufacturing/production facilities of your suppliers (and their suppliers) are physically located, and which parts or materials are.
By James Hyde (pictured). Chief Product Officer & Founder, James and James Fulfilment. The post Opportunistic Retail & Micro-fulfilment appeared first on IT Supply Chain.
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.
Respond quickly, maximize benefits, and identify supply chain opportunities and threats. Key Takeaways: Supply chains need technology, but putting that technology to best use is the province of humans AI and ML are tools, not solutions It’s human judgment and ingenuity that will save the day, but the right data is vital Technology provides transparency and visibility across the entire supply chain, something humans cannot get on their own Balance between humans and technology is essential to ant
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Vaccine Distribution Supply Chain! While most medical supplies can be refrigerated or kept in a dry, dark place at room temperature, some require unusually low temperatures. The ability to supply extreme cooling measures is also vital in various medical treatments. Therefore, from a medical supply chain point of view, one could certainly do worse than investing in some of these industries including refrigerated transporta
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Vaccine Distribution Supply Chain! While most medical supplies can be refrigerated or kept in a dry, dark place at room temperature, some require unusually low temperatures. The ability to supply extreme cooling measures is also vital in various medical treatments. Therefore, from a medical supply chain point of view, one could certainly do worse than investing in some of these industries including refrigerated transporta
By David Jinks M.I.L.T (pictured). Head of Consumer Research, ParcelHero. The post Retailers & manufacturers will be wary of ‘Devil’s bargain’ mini-budget appeared first on IT Supply Chain.
Definition: “Someone’s efforts, resolve, or viability are tested; things are meaningfully challenging. “ Wikipedia. The supply chain team’s past thirty-two months of disruption were a long, winding road full of surprises. Navigating through the turmoil is unprecedented: there are no easy reference models to guide behavior. As a result, companies are writing new case studies through their actions or inaction.
Covid isn’t over. It won’t disappear either. Its impact today depends on where you are in the world. But in broad terms, how has it changed the global supply chain? What changes have occurred in response to it? And of those changes, what's going to stick? Will we remember everything we’ve learned? Will the defences remain? Or will they weather over time?
Two seemingly conflicting trends are coming together that, if addressed correctly, could provide retailers with a competitive advantage and make them more profitable. First, consumers are increasingly concerned about the environment and are more willing than ever to act to protect it. Second, the pandemic kicked online buying and home delivery into “high gear” as many consumers embraced its convenience and dramatically expanded the scope of their online purchasing.
Burak Cendek and Joe Lync h discuss the VC perspective – in other words, how venture capitalists view opportunities in the transportation and logistics industry. Burak Cendek is a Partner at Autotech Ventures, an early-stage venture capital firm with more than $400M under management. About Burak Cendek. Burak Cendek is a Partner at Autotech Ventures, an early-stage venture capital firm on a mission to solve the world’s ground transport challenges with technology, realizing the next fron
Supply chain leaders are in the middle of implementing digital transformation programs. For many organizations, digital transformation is untethered hype. There is a veiled promise for improvement. Here I ask, “Whether we can change course to drive more value in supply chain management?” “ Vieled: not openly or directly revealed or expressed. “ Free Dictionary.
Improving inventory position can help retailers secure consumer loyalty and capture impulse spending. BOSTON (September 29, 2022) ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, in collaboration with IHL Group , a global research and advisory firm for the retail and hospitality industries, today released a study on the role of inventory in consumer loyalty and what retailers can do to win and keep customers.
“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.
This year Raconteur has once again put together a very readable report entitled Supply Chain Resilience 2022. The authors ask, “As disruption continues to plague international supply chains, what can organisations do to build resilience and ensure efficiency?” And they provide answers: “From reducing waste and cutting costs to onshoring and upgrading systems, our Supply Chain Resilience report explores the strategies making the difference”.
One of the big debates during the pandemic was whether new consumer shopping behaviors would be permanent or whether consumers would revert to old shopping behaviors once they felt safe to venture back into public. McKinsey & Company analysts conclude, “For most US consumers, the answer seems to be ‘both.’ Two years into the pandemic, people across the country have discovered that they like shopping online, but they’re also going back to brick-and-mortar stores.
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
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How Cloud Computing Can Help Supply Chain! The supply chain industry is changing at an alarming rate as new technological innovations launch. Cloud storage is one of the technologies that have significantly revolutionized supply chain management. This page will look at ways in which cloud storage has impacted the supply chain sector.
The damage caused by cyber attacks in 2022 till now is estimated to be around a whopping $6 trillion. The concern over data protection and GDPR Requirements is increasing for both individuals and corporations. While regulatory authorities are taking consistent measures to ensure data security , such laws and guidelines are only as effective as your application of them.
The talent landscape for channel partners in the ERP space has become fiercely competitive in recent years. The high pace of digital transformation has accelerated this and the demand for specialized skillsets grows greater every day. The modern digital workplace calls for a variety of skills including cloud infrastructure, cybersecurity, integration, business intelligence and analytics.
There's been a a dramatic leap in awareness of the importance of supply chain management, one that will come with many opportunities for both employees and employers.
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.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Pallet Racking Selection! Are you thinking of streamlining your warehouse operations to increase efficiency and productivity? If so, worry no more as this guide gives practical insights on selecting the right pallet racking , which is critical to optimizing your warehouse efficiency.
By Andrew Busby (pictured). Retail industry lead at Software AG: The post Boohoo results a wake up call for the entire industry appeared first on IT Supply Chain.
Today, customer centricity for an organisation in today’s marketplace, you must place “the customer” at the core of your business and build products and services that are designed to suit the specific needs of customers. This is about providing a great experience from the word go. Everything, from the first interaction with the organisation, to the purchase and after-sales support, must be designed with the customer in mind and implemented in such a way that customer only remembers a seamlessly
Congestion and inflation appear to be easing and schedule reliability has improved, but market signals suggest more of a lull in the current supply chain chaos than an end in sight.
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. Preventive vs Predictive Maintenance – Which is Better? (Infographic). Modern warehouses today contain a mixture of equipment, software solutions and highly skilled professionals in order to fulfill the supply chain requirements, all requiring warehouse maintenance. Over the past decade, warehouses have been a trusted source of practicing seamless logistics operations.
By Melissa Minkow (pictured). Director, Retail Strategy at CI&T. The post Boohoo’s slowdown in global sales – now is not fast fashion’s moment appeared first on IT Supply Chain.
Digital Supply Chain Management: Supply Chain 4.0. With the introduction of digital supply chain management, supply chains across industries have seen greater efficiency and improved visibility. Traditional supply chains are quickly becoming a thing of the past now that supply chain 4.0 has made its impact on businesses worldwide. The Shortcomings of Traditional Supply Chains.
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