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Supply chain resilience. You’ve heard the phrase more times in the past year than ever before. But before you dismiss “supply chain resilience” as just another industry buzzword, you must understand what it truly means and how it impacts your business. Why? Because if you want to compete and grow, it can only happen if you create a supply chain that can map supply to demand, no matter the disruption.
The role that procurement plays in manufacturing organizations is a difficult one. This function must simultaneously balance cost reduction, quality, and assurance of supply in their quest to maximize profits. . Without digitization, many manufacturing organizations see one or more of these areas suffer due to a reliance on manual processes, a lack of collaboration with suppliers, and little to no visibility of risk during the product development process.
If you’re asking yourself the question of when is the right time to switch to outsourced fulfillment services , the answer is likely today. When you partner with a company like BR Williams with six southeastern fulfillment centers, it relieves the heavy burden of order fulfillment and a strained supply chain. Here are six signs that it’s time to outsource order fulfillment to a responsible third party: 1.
If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supply chain resiliency test. Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. Each disruption has its own nuances, so it’s challenging to plan a precise response to each one.
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.
The subway system is the lifeblood of New York City, pre-COVID carrying an average of 5.5 million people per day in 6,684 cars across 472 stations1. Each station is part of a larger system and operates on a set schedule under one management umbrella. Imagine what would happen if each station optimized its schedule and traffic independently: city-wide chaos would ensue.
Ship happens. And there’s nothing AI, ML, or blockchain can do about it. You either wait in traffic or take the long way around if you’re on that watery road. Maybe there’ll be a McDonald’s or Starbucks at the next exit. — In other supply chain and logistics news this week… Shipping losses mount from. Read more Above the Fold : Supply Chain Logistics News (March 26, 2021).
Ship happens. And there’s nothing AI, ML, or blockchain can do about it. You either wait in traffic or take the long way around if you’re on that watery road. Maybe there’ll be a McDonald’s or Starbucks at the next exit. — In other supply chain and logistics news this week… Shipping losses mount from. Read more Above the Fold : Supply Chain Logistics News (March 26, 2021).
The power of Integrated Business Planning (IBP) comes in helping companies align financial, sales, production, procurement and marketing information into a single plan, grounded in modern-day reality. No one should be surprised that consultants, pundits, marketers and academics have found ways to argue about the definition and ultimate business value of Integrated Business Planning (IBP).
According to one survey , only 27% of leaders believe that they have the talent needed to meet current supply chain performance requirements. What should supply chain leaders be looking for to close the talent gap? AGCO Logistics Team Accepts Prestigious Supply Chain Award. AGCO has received well deserved acclaim for the agility with which they navigated the pandemic ( How They Did it: AGCO and COVID-19 ).
Levent Ozsahin, Managing Partner at Advancetics B.V. It’s human nature to miscalculate how best to respond to supply chain disruptions–either over- or under-steering in anticipation of a crisis. Optimists often delay preparing for supply chain disruption for fear that contingency actions lead to self-fulfilling prophecies. Pessimists are known to ‘catastrophize’ and prepare for such dire outcomes that they become blind to any potential silver linings.
“GPS is vital to Americans, but hacking it has never been easier,” writes Diana Furchtgott-Roth in last weekend’s Wall Street Journal. “GPS depends on satellites, which can be damaged by electromagnetic storms or military attack. Even with the satellites intact, hacking incidents proliferate, using inexpensive, easily available hardware.” She cites several examples, both intentional and.
We have certainly seen a large number of companies looking to offset their greenhouse gas emissions and reduce their carbon footprints. A lot of this effort comes down to more sustainable sourcing, which tends to make environmental-conscious consumers happy. But for consumers, it is often difficult to measure the climate impact of what we eat. Well, I just read about an Irish start-up that can help.
Dan Clark, Kuebix Founder and VP of Product Innovation and Strategy, Trimble, has been selected as a 2021 Supply Chain Executive Pro to Know by Supply & Demand Chain Executive magazine. Dan was chosen for his extensive knowledge of the logistics industry developed from over 20 years of hands-on experience, combined with his remarkable expertise […].
“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.
In a complex, crisis-driven world, contingency planning and business continuity are top of mind for transportation and supply chain decision makers. That’s the reason logistics technologies continue to get sharpened and more sophisticated. Here are the latest logistics technology advancements that are supporting shippers with contingency planning and giving them a competitive advantage.
Businesses and suppliers alike must take preemptive action to rid their supply chains of forced labor, or face irreversible damage to their consumer base.
Developing a Distribution Strategy with Matt McGregor. Joe Lynch and Matt McGregor discuss developing a distribution strategy. Distribution strategy is one of the areas of focus for Matt and the Colliers Real Estate team. About Matt McGregor. Matt McGregor is a Global Executive Vice President specializing in industrial commercial real estate portfolios for industrial companies.
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
After the viral trials and tribulations of 2020, is the market going to get any better any time soon? Many big-name companies predicted/reported indifferent Q4 results and all offer caution about the continuing "difficult market conditions”. Ok, so 2020 may have been put to bed financially but many companies will be paying a heavy price for a hectic and extremely competitive last quarter.
By Adam Philpott (pictured). EMEA President at McAfee. The post Tackling the skills gap in the tech & cybersecurity sector appeared first on IT Supply Chain.
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.
This week, The Grocer’s conference on ‘How to build a sustainable brand’ brought together challenger brands, multinationals, NGOs and others to discuss the key issues in FMCG today. Read on for our roundup of the event’s key takeaways. 1. Brands must avoid ‘tunnel vision’ on sustainability issues. It’s vital that FMCG brands approach sustainability holistically and avoid championing certain environmental or social issues at the expense of others.
By Chris Potts (pictured). Marketing Director, ANT Telecom. The post Rise of the Machines: Maximising real-time information in the Food Processing Industry appeared first on IT Supply Chain.
Our discipline is still almost exclusively shaped by positivism. This is very surprising in view of the very complex social phenomena with which the discipline deals. However, recently I have noticed a (slowly) growing trend toward interpretivism. For example, Darby and her coauthors (2019) have discussed the set of questions interpretive research can address in SCM.
Recently I set out to acquire a new Ford Bronco. Ford Motor Company’s marketing department had done a masterful job at whetting the appetite for pre-orders of the vehicle, and making the launch a draw for thousands of potential buyers. But could it deliver on the wish fulfillment?
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.
The world is aflutter discussing how an enormous container ship became an immovable force in the Suez Canal, blocking one of the world’s most vital shipping routes. 120 miles long, the Suez Canal sees nearly 50 ships passing through on an average every day and almost 19,000 annually and accounts for roughly 12% of world trade. During the pandemic, this traffic remained steady until today.
Supply chain cost accounts for a significant percentage of the final product cost. Successful supply chain cost optimization requires the use of collaborative solutions such as S&OP and IBP supported by advanced supply chain analytics.
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