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by Nazli Erdogus The EU’s General Data Protection Regulation (GDPR) is the most important change in personal data privacy regulation in 20 years. It’s aimed at tech giants and small and medium enterprises alike. As we count down the days until the GDPR enters into force on May 25, it’s important to recognize how your supply chain is affected and how it can become GDPR compliant.
Control Towers offer many benefits to companies managing complex supply chains. They can provide the basics like visibility across suppliers, The post The Supply Chain Control Tower Quiz appeared first on The Network Effect.
Ten calls. They are all starting to sound the same. Here is the storyline: “We implemented SAP APO, and we now know its limitations. We have tried SAP IBP and are not impressed. Since SAP is not investing in improving the depth of their solutions for planning, we are looking for a new solution. Can you help us select a new approach? Which of these vendors do you suggest?
Using the Gartner Demand Planning five stage maturity scale, analyst Mike Griswold estimated on a recent call that retailers as a group averaged just 2.3 out of 5.0, leaving money on the table due to poor inventory performance. In a competitive vertical with thin margins, leaving any money on the table can have big performance repercussions. But, he says, with the right strategic plan, a retailer can make the jump to stage 3 supply chain planning, and greater profitability, in just 12-18 months.
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 wrong retail inventory management strategy increases carrying costs and makes it impossible to stay competitive. Common obstacles encountered when it comes to effective inventory management include having poor visibility into fast-moving versus slow-moving product, extensive travel times between bin locations, and lost revenue due to poor labor productivity.
Disruption is normally anathema in the supply chain. Formally defined as a disturbance or problem that interrupts an event, activity, or process, disruption means a supply chain that was once functioning smoothly is no longer doing so. When it comes to IoT implementation, however, disruption might not be a bad thing. In the long run, think of it in terms of an advertising slogan coined by Coca-Cola in 1929, “the pause that refreshes.” Dan Roberts, a Senior Consultant at Cambashi Limi
Disruption is normally anathema in the supply chain. Formally defined as a disturbance or problem that interrupts an event, activity, or process, disruption means a supply chain that was once functioning smoothly is no longer doing so. When it comes to IoT implementation, however, disruption might not be a bad thing. In the long run, think of it in terms of an advertising slogan coined by Coca-Cola in 1929, “the pause that refreshes.” Dan Roberts, a Senior Consultant at Cambashi Limi
BASF uses real-time visibility to improve their service capabilities. They implemented a solution from MacroPoint, a Descartes company, to improve their delivery reliability as well as improve the productivity of the transportation providers they use to service the North American market. But implementing great technology is not enough. Getting the most out of software also requires dealing with both internal and partner cultural issues and improving processes.
Dave Allen, a supply chain thought leader with a history of transforming supply chains at major consumer goods companies, share. The post How Digitalization Holds the Key to Retail and Consumer Goods Success appeared first on The Network Effect.
A few weeks ago at the Descartes Evolution 2018 User Conference , I had the opportunity to interview William Wehrle, Director of Supply Chain at BASF, and David Bazzetta, Business Advisor – Process Optimization at BASF, about the importance and value of having real-time freight visibility. Before BASF implemented the Descartes MacroPoint solution, “more often than not, we had no visibility into shipments that were delayed,” explained Wehrle.
As someone on the tail end of the Baby Boomer generation, I have a vested interest in the life science industry’s focus to improve both products and services. One of my greatest hopes is that all this focus will lead to cures, or at least better treatments, for many of today’s medical challenges such as Type 2 Diabetes, Cardiovascular Disease, Alzheimer’s, Parkinson’s, Arthritis, joint replacements, hearing loss and so many more.
Are you a beginner and you want to learn about each logistics function? We will show you 5 logistics books that will help you learn faster than any other books. Why is Logistics a Good Career? In the United States, the median wages for a Logistics Manager is around $90,000 annually. So, the career in logistics management can be very lucrative if you have a career plan and keep on developing yourself.
With many companies implementing control towers, why do so few deliver on the promise of end-to-end visibility and control? This. The post Why Do Control Tower Implementations Fail? appeared first on The Network Effect.
Joely Callaway (Vice President, Product Management, Customs Content) and Brendan MacCahill (Senior Vice President, Trade Data Content) at Descartes Systems Group discuss the following questions and more in this timely and informative episode: What are some of the biggest global trade developments that have taken place over the past few months ? Why should supply chain and logistics executives pay attention to these developments?
Logistics providers probably look longingly on the days when the last mile of the supply chain primarily meant delivering goods to the store in which they were sold. In today’s retail environment, every company wrestles with how to do what the postal service has done for centuries — reach every household. It’s ironic that Sears, once famous for its mail order business, is faltering in a business environment that, in many ways, is reminiscent of the mail order era.
“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.
Supply chain disruptions are inevitable, whether resulting from natural disasters, technical failures, worker strikes, or other unforeseen incidents. And as supply chains have become increasingly diffuse over time, the likelihood that disruption in one region will have consequences that reverberate across the globe, is higher than ever before. In a 2017 survey by the Business Continuity Institute (BCI), 65 percent of respondents had experienced at least one supply chain disruption in the last ye
For organizations that source products from suppliers in remote regions, blockchain can provide clarity in an otherwise murky journey from harvest to retail. World hunger is a global epidemic. According to the United Nations, one in nine people today—or 815 million globally—lack access to the food necessary to lead a healthy lifestyle. A staggering 98% of these live in developing countries and 75% live in rural areas that depend on agriculture for their livelihood.
May 4, 2018 The speed and reliability of your distribution network is essential to your company’s success. But for most companies, logistics and transportation are, at best, a supporting line of business and, at worst, a distraction. For many businesses, their supply chain grew organically along with the growth of the business and isn't built to scale, especially for ecommerce.
Too much going on in the supply chain, logistics, manufacturing and e-commerce industries? Below, you’ll find the top articles and trends from April covering various elements of these fast-paced industries. A new study conducted by Deloitte and the Manufacturers Alliance for Productivity revealed a disconnect between executives’ opinions of their digital supply network (DSN) efforts […].
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
Did supply chain problems have anything to do with Toys "R" Us going out of business? The company's jingle famously declared "I don't wanna grow up"—but it is exactly this reluctance (or at least inability) to mature amidst a rapidly-evolving retail landscape that led to the company's ultimate downfall. In mid-March, Toys "R" Us announced plans to close down and liquidate the inventory for all 735 of its stores in the United States.
It’s far too easy to get so caught up in headlines about the so-called “retail apocalypse” that we forget to see the successes in retail today. From new cutting-edge technologies that reduce fulfillment times and maximize revenue, to new ways of leveraging data that can personalize and promote like never before, these are exciting times to be a retailer.
As the first quarter of 2018 came to a close, drivers of supply chain demand, such as consumer consumption, business inventories, and industrial production, showed continued growth. 1 This growth impacted the U.S. industrial real estate market as vacancy rates fell in two-thirds of the country. Now reported at 5 percent, the average vacancy rate is.
Ask a consumer whether he or she supports a sustainable environment, and the chances are they will profess support. But when these individuals go to make a purchase they generally choose the cheaper product – even if it is less environmentally sustainable that more expensive options. This contradiction is at the heart of one of […].
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.
Picture this real-world scenario: A major battery manufacturer finds itself running two years behind on a project with a partner firm. At many companies, this long of a delay could have jeopardized the outcome. But there is a strong project steering committee in place – with good communication via cross-functional discussions between the manufacturer and the partner firm – which helps everyone involved realize that the delay came about for the right reasons.
Did supply chain problems have anything to do with Toys "R" Us going out of business? The company's jingle famously declared "I don't wanna grow up"—but it is exactly this reluctance (or at least inability) to mature amidst a rapidly-evolving retail landscape that led to the company's ultimate downfall. In mid-March, Toys "R" Us announced plans to close down and liquidate the inventory for all 735 of its stores in the United States.
Bottom Line: Manufacturers are reaching a new level of results in 2018 because they have clearer, more actionable insights based on real-time manufacturing and quality metrics than ever before. Quality Metrics Enable Customer-Driven Manufacturing Networks. The future of manufacturing is being written today across the millions of shop floors which have chosen to excel at analytics, metrics and Manufacturing Intelligence.
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.
Imperial Logistics leverages One Network’s Real Time Value Network cloud solution to manage the entire distribution process and help ensure the delivery of clean drugs to patients using Blockchain.
Last-mile delivery innovation hinges on data transparency. The technology hype cycle has created a vision for last-mile delivery tactics led by airborne drones, self-driving cars and similar solutions that feel almost like science fiction. While these technologies are in the marketplace, businesses that wait for them to emerge are missing out on much more accessible – and potentially impactful – strategies that are already widely available.
Supply chain disruptions are inevitable, whether resulting from natural disasters, technical failures, worker strikes, or other unforeseen incidents. And as supply chains have become increasingly diffuse over time, the likelihood that disruption in one region will have consequences that reverberate across the globe, is higher than ever before. In a 2017 survey by the Business Continuity Institute (BCI), 65 percent of respondents had experienced at least one supply chain disruption in the last ye
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