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Procurement must never be an afterthought in any enterprise. Manufacturers need to have the right raw materials and supplies available. Supply chain entities need to know vendors will be held accountable and adhere to the terms within vendor-supply chain partner service level agreements. Supply chain professionals must also know how they will be shipping freight.
Last week was the sixth anniversary of my founding of Supply Chain Insights. Over 1000 people wrote me congratulatory notes on LinkedIn. Most were from people who I do not know. I find this rewarding and humbling. February also marks my eighth year of blogging. The journey of creating Open Content research and blogging is a life journey that chose me.
Last Thursday, UPS announced its plans to deploy 50 plug-in electric delivery trucks supplied by the Workhorse Group. What increased UPS’s willingness to invest in these vans is innovative “smart charging” software that has implications for last mile routing. There are other interesting developments in last mile routing as well. The post What’s New in Last Mile Routing?
The blockchain is a fascinating technology innovation that has the potential to disrupt many different industries. Here is a brief primer on the technology and potential use cases in supply chain and logistics. What is a Blockchain? A blockchain is an open and distributed, digital ledger that can record transactions between two parties in an efficient and verifiable manner without the need of an intermediary.
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.
In 2003, Walmart announced that all of its suppliers would need to have Radio frequency identification (RFID) tags on all pallets and cases by 2006. For many reasons, that transformation did not happen and RFID was put on the industry’s back-burner. More recently, with the rise of interconnected systems, the analytics to derive value from those systems seems, and decreased costs, RFID is resurrecting as a solution for increasing supply chain management (SCM), visibility into processes, and r
A couple of years ago, Meg Whitman, the CEO of Hewlett Packard Enterprise, wrote a post on LinkedIn where she stated that “Every Company is a Technology Company.” She went on to say: As I’ve mentioned in earlier posts, we’re now living in an era of disruption, what we call the Idea Economy. Companies today can turn ideas into reality in a fraction of the time it took just five or 10 years ago.
A couple of years ago, Meg Whitman, the CEO of Hewlett Packard Enterprise, wrote a post on LinkedIn where she stated that “Every Company is a Technology Company.” She went on to say: As I’ve mentioned in earlier posts, we’re now living in an era of disruption, what we call the Idea Economy. Companies today can turn ideas into reality in a fraction of the time it took just five or 10 years ago.
Omni-channel continues to push the bounds of commerce, with companies scrambling to meet customer expectations without sacrificing the bottom line. The rise of e-commerce has been an incredible journey, and one that has opened up new opportunities for retailers and consumer brands alike. But, with the rise of these opportunities comes the growing pains associated with them.
by Alexa Cheater It takes more than technology to transform your supply chain. Digitization is here. And it’s redefining supply chains. Disruptive technologies like advanced analytics, artificial intelligence and the Internet of Things are converging, bringing together the physical and digital worlds into new digital supply chain networks. These networks are taking supply chains from siloed and sequential to dynamic and interconnected.
The e-commerce market is expanding. E-commerce passed $2 trillion in 2017, reports John D. Schultz of Logistics Management with sales expected to surpass $3.2 trillion by 2020. Although this sounds great for most industries, it represents a major problem for the freight trucking industry. Amazon has already taken extensive steps to establish itself as a leader in full truckload, less than truckload, multimodal, small package and last-mile delivery services.
Editor’s Note: The following is an excerpt from Part 1 an Executive Brief series co-written by Adrian Gonzalez, President of Adelante SCM, and Mike Glodziak President & CEO of LEGACY Supply Chain Services. You can download the full brief at LEGACY’s website. The rules for success in e-commerce and omni-channel fulfilllment are still being written, and they will likely be different tomorrow than today.
Are business success and sustainability contradictory? A new whitepaper by Schmidpeter & Bungard, sponsored by DHL, is rather optimistic and argues that both goals can instead be mutually beneficial. The paper is titled Unlock the True Value of Your Supply Chain: Business Success through Sustainable Supply Chain Management. The authors states: “Sustainable Supply Chain Management (SSCM) can help drive positive business change by helping companies save costs, strengthen ‘license to oper
by Alexa Cheater. It’s the entire company—from planners to executives and everyone in between. Effective, efficient sales and operations planning (S&OP) means you can respond to changes faster, spot opportunities earlier and better align your organization around a common set of goals. But the benefits of S&OP extend beyond that—they help to simplify the day-to-day work of nearly everyone in your company.
There is a lot of buzz around the supply chain industry with new technologies and trends disrupting the industry. With. The post 3 Trends Supply Chain Trends to Consider in 2018 appeared first on The Network Effect.
When Amazon acquired Whole Foods, any lingering doubts the grocery sector was changing were laid to rest. As I noted in an earlier post, the food sector is now learning what companies in other sectors (like entertainment and transportation) learned several years ago. The digital era is disruptive. Companies failing to transform into digital enterprises driven by a sound digital strategy are going to find themselves in history’s dustbin.[1] There is anecdotal evidence in the grocery sector
“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.
An open order is defined as an order placed by the customer which is under process and is yet to be fulfilled by the supplier. For effective analysis, open order data needs to be recorded daily in an ERP system. A minimum of twelve to eighteen months of open order history is required for your sales forecasting analysis and fine-tuning process. A shorter period could render unreliable and skew the results of your data analysis.
Even in the age of digitization, technology is not a silver bullet; modern supply chains remain highly dependent on human relationships in order to stay moving. As globalization unfolds at a breakneck speed and consumer expectations evolve accordingly, value chains are becoming exponentially more complex, with higher levels of outsourcing than ever before.
From Jan 29th till 31st, 2018 our flagship event, Modern Supply Chain Experience , saw nearly 3000 participants, many of whom were interested in Oracle Product Lifecycle Management. More than 500 PLM executives and technology experts got a chance to witness a number of PLM sessions, demos, workshops, exhibits, and had a chance to meet during daily networking opportunities.
The PyeongChang 2018 Winter Olympics buzzed with competitive spirit and international fellowship this year, fueling each country’s fiery national pride for the next two years. Similar to how the Olympics bring the world together through competition, brands are driven to grow internationally, bringing their products to the world to compete with other brands.
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
Why are mature companies so interested in start-ups lately? Large organizations are seeing the arrival of start-ups rapidly changing the world around them, while they themselves have become too big and bureaucratic to act quickly. That’s why traditional companies are looking at how start-ups think and function. Companies that want to innovate will have already read the 2011 bestseller called The Lean Start-up by Eric Ries.
The complexity of the electronics supply chain leads to a variety of sustainability issues, including unfair labor practices, presence of harmful chemicals and conflict minerals. Despite a push for sustainability from a few multinational electronics corporations – including Apple, Intel and Nokia – but it has been difficult to make enduring progress in eliminating dangerous practices in the supply chain.
It seems that each day the world is transforming into a more digitally focused landscape, with the continued rise of e-commerce greatly affecting how companies reach their customers. As a result, a lot has changed in the movie industry. What started with video cassette tapes being played in a VCR has now evolved to simply. Read More.
Everybody is talking about the digital transformation of supply chains. “Digitalization” is much more than a buzzword—it’s a very real shift in supply chain management, and the evidence supporting the critical nature of digital transformation is mounting. With the technology available, there’s great potential to use it to improve supply chains. How do digital supply chains improve businesses?
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.
Atlanta, GA (February 26, 2018) – Chainalytics, a global leader in supply chain consulting, analytics and market intelligence, today announced that Nancy Matchey, Sara Curtis and Patrick Boyle have been recognized by Supply & Demand Chain Executive magazine as 2018 Pros to Know, a listing of top supply chain industry professionals.
Walmart is developing a technology worth $2 billion that inspects fruits and vegetables for defects and can accurately predict the exact date when it will spoil.
Augmented reality, also known simply as AR, is the usage of technology to superimpose computer-generated sensory input like sound, videos, and images, over a person's real-world view. AR applications can help enhance skills, provide real-time data, and offer additional features to help us with everyday activities — all through simple touch or voice commands.
What the OTIF Mandate Means for Walmart – and What it Means for You (Part 2). brooke. Thursday 1 March 2018. Mohit Dubey, Senior Director, Product Marketing, E2open. Part 1 of this blog focused on Walmart’s® motivations for introducing the on-time, in-full (OTIF) mandate, but how does that affect your organization? The pace of change faced by Walmart, and in turn its suppliers, is only going to quicken.
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.
Atlanta, GA, 02 March 2018 – Chainalytics, a global leader in supply chain consulting, and Drewry, the global shipping consultancy, have partnered to launch an innovative ocean freight procurement solution for shippers. The Chainalytics Ocean Buying Group, in partnership with Drewry, will provide participating Beneficial Cargo Owners (BCOs) with enhanced purchasing power, service monitoring and cost … The post Chainalytics and Drewry partner to create Ocean Buying Group for small and mediu
Mobile World Congress (MWC) is the world’s biggest and most renowned mobile industry event solely focused on everything mobile - mobile devices, mobile network infrastructure, and mobile technology. Its prominence has compelled world brands to hold their global launch of flagship products here, including the recently launched Samsung Galaxy S9/S9+.
As with most complex business challenges, the ability to accommodate increasingly complicated supply chains is heavily dependent on technology. Yet, a surprising number of shippers are still performing their day-to-day functions without the assistance of any supply chain digitization software solution (or with antiquated processes). Time is running out to adopt the technology your organization will need to remain competitive.
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