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Most supply chain professionals and planners think of finished goods when they hear attributes. But attributes are present in every part of the supply chain from suppliers to raw materials, to machinery, products and distribution centers. Attributes define the specific properties of each object. Output quality produced by a machine, a qualified supplier for a given customer, surface tension or shade of a WIP material or likelihood of late delivery from a supplier are all example of attributes of
They happen every year in California and throughout much of the Pacific Northwest: wildfires. According to the Interagency Fire Center, 8.2 million acres burned in 2018 in the U.S. overall. In the Golden State so far in 2019, land scorched nears 8,000 acres. But wildfire season is slightly different this time around, in addition to displacing thousands of residents and businesses, the effects have also led to widespread power outages.
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.
Across from me, sits an empty chair. In fact, sadly, there are many empty chairs in the room. Five people canceled at the last minute due to travel restrictions. Today, I am facilitating the Network of Networks share group in Antwerp. The reason the seats are empty? While all supply chain leaders are interested in the topic of building value networks, only a few companies are actively investing in building data architectures to enable the extended supply chain.
The Difference Between Logistics and Supply Chain Management. Most people assume that logistics and Supply Chain Management (SCM) refer to the same process. But as it turns out, the two terms are not interchangeable – and they’re merely different parts of the global flow of finished goods and raw materials. So, how did the concepts of logistics and Supply Chain Management become so intertwined in their use when they mean very different things?
The Difference Between Logistics and Supply Chain Management. Most people assume that logistics and Supply Chain Management (SCM) refer to the same process. But as it turns out, the two terms are not interchangeable – and they’re merely different parts of the global flow of finished goods and raw materials. So, how did the concepts of logistics and Supply Chain Management become so intertwined in their use when they mean very different things?
Sixty-one percent of consumers said the availability of same-day delivery would make them more loyal to a retailer, yet only one percent would be willing to pay for full delivery costs. Retailers are currently charging customers only 80 percent of the overall delivery costs, which happens to be the most expensive part of the retail supply chain. The last mile is also the one part of the supply chain with the most potential for error.
Creating a responsive supply chain in advance of the peak shopping season is a no-brainer. While the season is usually described as the time between Thanksgiving and Christmas, responsive processes have a lasting effect. A responsive supply chain offers greater flexibility with labor management , streamlines warehouse operations, reduces dock constraints, and much more.
A transportation management system (TMS) is one of the most transformative supply chain management technologies that a 3PL, shipper or broker can implement: It saves an organization 8-10 percent in freight cost on average, delivering one of the strongest ROIs of any supply chain software. But before you can enjoy the cost savings, you have. The post Transportation Management Systems: Overcoming Implementation Challenges appeared first on 3GTMS.
Alex Saric, Chief Marketing Officer, Ivalua. In today’s competitive business landscape, consumers demand a continuous cycle of new products and services, and the gap between each launch is shrinking. This means companies are under more pressure than ever to innovate at pace. A business’s ability to develop and launch new products that meet customer expectations quickly and profitably is critical to overall success.
Accelerate your Food and Beverage Business through End-to-End Supply Chain Capabilities. I have worked as a supply chain practitioner in a number of industries, but have found the supply chain challenges in the food & beverage industry to be some of the toughest to address. The combination of long raw material lead times, high demand uncertainty often driven by seasonality, perishable products with short shelf-life, a high percentage of new product introductions, strict regulations and the n
New webinar discusses the current trends in the food supply chain space and the role that technology is playing in the modern-day cold chain. . The temperature-controlled supply chain or “cold chain” has always faced unique challenges. Today, new governmental regulations, increased scrutiny of food safety, and new business opportunities are all putting more pressure on shippers and logistics providers that operate in this sector. .
Traditionally the holiday shopping season has been a make-or-break time for retailers. It’s still important, but Lauren Thomas ( @laurenthomas ) reports, “Coresight Research … says the holiday season is becoming ‘less important’ for retailers, with more shopping taking place online throughout the year. … It said the holiday season accounted for almost 24% of all retailers’ sales in the late 1990s, but is closer to 21% today.
“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.
Over the past couple of years, no other technology has generated so much hype, and so much confusion, as blockchain. Why is there so much interest in blockchain? Where are we today with blockchain adoption in supply chain management? Will blockchain replace or coexist with existing network-based platforms? Those are some of the key questions. Read more Blockchain in Supply Chain Management.
Before you start optimizing your supply chain strategies, you need to choose a shipping method. There are three major shipping methods that are used: air, ground, and sea. Most shipments are going to be conducted by air or ground shipping, as sea shipping is usually used for major exports and agriculture. Air and ground transportation are very different, both in terms of cost and efficiency.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Preparing Business for the Digital Supply Chain! Oracle Interviews Mike Mortson! Article and permission to publish here provided by FreightPOP. There is an abundance of chatter in shipping and freight about digitizing supply chains, with reports that more spending than ever before is being poured into developing software and platforms.
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
The efficiency of order fulfillment from warehouses has become an important focus in logistics management as customers demand quicker deliveries. In a recent survey, 69% of respondents indicated that they would be less likely to shop with a retailer again if they did not receive their delivery within two days of the promised delivery date. Speed is important, but so is the ability to plan accurately and meet commitments.
by Ilyas Kucukcay. Travelling is my ultimate passion. Even when it’s just a quick trip, setting up a routine in a different city or country helps me to think out-of-the-box as different cultures can have very different aspects of daily living. Walking in the streets of a new city is a perfect workout for my brain as it helps me quickly become familiar with my surroundings and have the full experience.
It’s one of those mornings where I look out the window, see the snow, the barren trees, the colorless sky and… Nothing. So I move on. Here’s the supply chain and logistics news that caught my attention this week: Park It, Trucks: Here Come New York’s Cargo Bikes (New York Times) Amazon Tests Cheap Warehouses. Read more Above the Fold: Supply Chain Logistics News (December 6, 2019).
Sixty-one percent of consumers said the availability of same-day delivery would make them more loyal to a retailer, yet only one percent would be willing to pay for full delivery costs. Retailers are currently charging customers only 80 percent of the overall delivery costs, which happens to be the most expensive part of the retail supply chain. The last mile is also the one part of the supply chain with the most potential for error.
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.
The world is getting warmer. Severe weather events are becoming more frequent and intense. Climate change pressure is building for governments, businesses and individuals to “do something.”. Manufacturing isn’t exempt from this pressure. Regardless of what laws politicians enact, customers want their purchasing dollars to go to those who behave responsibly.
by Ilyas Kucukcay. Travelling is my ultimate passion. Even when it’s just a quick trip, setting up a routine in a different city or country helps me to think out-of-the-box as different cultures can have very different aspects of daily living. Walking in the streets of a new city is a perfect workout for my brain as it helps me quickly become familiar with my surroundings and have the full experience.
Note: Today’s post is part of our “Editor’s Pick” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This post by Nicholas Ferguson from GEODIS’ blog discusses a way to evaluate customer experience in logistics.
It was such a surprising victory, that my wife and I were actually giddy. Now, neither one of us are what I would call “dog people.” However, we put on the replay of the National Dog Show on Thanksgiving night mostly to crack jokes about how much the movie Best in Show rings true. Additionally, we only saw the very end of the replay, meaning we just saw the individual category winners compete for the […].
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.
There is a developing trend that has been gaining steam in recent years that has the potential to seriously impact and “disrupt” food and beverage manufacturing. That trend has been referred to by a number of terms, such as “buying local” and “eating local”. It means buying food that is sourced and/or grown within a geographical location that could be considered “local”.
by Sarah Harkins The days of preparing for new trade policies are over. For decades, companies were given advance notice of coming tariff announcements, with time to adapt to the upcoming changes. But that has changed in today’s “tweet today, implement tomorrow” pace of business. That speed and volatility has opened the door for a new style of global trade management to emerge.
Businesses more reliant than ever on suppliers as the pace of innovation increases, but two-thirds view their relationships as primarily transactional. London, UK – December 5, 2019 – Research from Ivalua , a global leader in spend management cloud solutions , has shown that two thirds (67%) of UK businesses say innovation is being blocked by a focus on cost reduction.
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