This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
by Alexa Cheater Faster, smarter, more profitable supply chain decisions. Transitioning from hype to reality, artificial intelligence (AI) is gaining momentum across industries thanks to an explosion in computing power and storage, the emergence of IoT (Internet of Things) and big data, and algorithmic advances. While there have been numerous examples of how AI can boost profits in supply chain execution—most notably in the form of autonomous vehicles and smart robotics—the benefits related to s
With effective logistics planning and strategies, you can run a supply chain smoothly without too many concerns. However, disruptions can occur even with the best plans in place. If your company encounters a supply chain crisis, it is important not to panic. Panicking can lead to a number of hasty decisions which can make the situation worse. Assess the situation and develop an approach that minimizes losses and resolves the crisis as quickly as possible.
Supply chain analysts are far more caustious concerning the maturity of blockchain for business applications that the broader tech community. Perhaps too cautious. One day after analysts appeared on a HighJump panel on this topic, an article appeared in the Wall Street Journal that claimed that 1.1 million items from Walmart are being tracked by blockchain, helping the massive retailer trace these products journey from supplier to store.
Blockchain data can be a useful source of certified data to support the supply chain model or "supply chain twin". With all the hype around Bitcoins, you’ve probably at least heard of the distributed database technology known as blockchain. But blockchain isn’t just for cryptocurrency and other financial services applications. It’s even finding its way into supply chains, and it has the potential to have a significant impact on supply chain planning.
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.
“More than a quarter of all revenue for sellers on Amazon globally was from cross-border transactions in 2017, up more than 50 percent from the year prior, Amazon Vice President Eric Broussard said in an interview,” as reported by Jeffrey Dastin in a recent article in Reuters. “That amounts to between $50 billion and $75 billion for merchants selling to customers in another country, based on analysts’ estimates for Amazon’s total gross merchandise sales.”.
One of the very prominent business services is logistics. If you are the owner of a logistics business or in the role of a logistics business manager then make sure to read on as this article will give you the best insights to optimize your business to make the most out it. Plan Ahead. The first step to finish a task is planning. Now, planning encapsulates several factors, such as obtaining the goods, storage facilities, and delivery of products to the precise location.
One of the very prominent business services is logistics. If you are the owner of a logistics business or in the role of a logistics business manager then make sure to read on as this article will give you the best insights to optimize your business to make the most out it. Plan Ahead. The first step to finish a task is planning. Now, planning encapsulates several factors, such as obtaining the goods, storage facilities, and delivery of products to the precise location.
A new research report, provided by Mighty Earth, argues that “[deforestation] is the result of a long supply chain that starts on the South American frontier and ends on European plates” The report is titled The Avoidable Crisis. It reveals that a small group of companies controls the global agricultural trade: “These companies collectively control the majority of global grain trade […].
Blockchain offers the supply chain a radical upgrade to the old standby of the spreadsheet The logistics industry is notoriously. The post Blockchain: The Super Spreadsheet for Supply Chains appeared first on The Network Effect.
“March Madness” is in full swing in college basketball and some industry analysts might also use a similar term to describe the current transportation environment: “Rate Madness!”. Shippers are dealing with higher rates from less-than-truckload (LTL) and truckload carriers, new surcharges are being added for service in some cities, and providers are actively turning down loads.
New warehouse management technology, like analytics, machine-to-machine learning, and automated systems, pushes the limits of standard operations to create best-in-class distribution centers. The days of using a small, standalone warehouse management system (WMS) are ending, and distribution centers must turn to newer, more advanced warehouse management technology to meet rising demand for an omnichannel world.
Blockchain technology has received a lot of press this past year. Most people associate the technology with cryptocurrencies like Bitcoin; but, blockchain technology has much broader application and is poised to disrupt a number of economic sectors. “The implications of blockchain technology are far reaching, with the potential to change many aspects of business across a variety of sectors,” writes Connor DiGregorio ( @digreg_orio ), an analyst with IBISWorld. “Procurement depa
“Maybe we should try somewhere else tonight.” That’s something you as a restaurant company manager would never want your loyal. The post Restaurant Supply Chain: The Secret Weapon Against Diner Defection? appeared first on The Network Effect.
There are so many trends impacting the trucking industry today — everything from regulations and technologies to fuel, labor, and economic conditions — that the industry is noticeably different than it was in the past. Is that creating a “new normal” in the trucking industry? What does that mean exactly, and more importantly, what steps or actions should shippers take to successfully navigate through this new normal?
(Eagan, MN) – North American third-party logistics (3PL) company, Cerasis, in partnership with Pierbridge , a leading transportation management software development company, announces the addition of multi-parcel carrier shipping management to the Cerasis Rater, a web-based transportation management system (TMS). The addition of multi-carrier shipping options for the parcel mode now empowers shippers to manage transportation of all over-the-road transportation modes within one web-based portal.
“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.
Last week we shared five capabilities to help take the Food & Beverage supply chain to the next level. Today, we continue this conversation and look at six must have capabilities that drive supply chain improvement for F&B manufacturers. The food & beverage industry faces a lengthy list of unique challenges from long raw material lead-times and volatile commodity pricing to safety and quality requirements combined with high demand uncertainty, frequent new product introductions, peri
Ensuring On-Time, In-Full (OTIF) deliveries was a top priority for companies in 2017 and has continued to be the number. The post Improving On-Time and In-Full Performance appeared first on The Network Effect.
Symbiosis is defined as a mutually beneficial relationship. A number of analysts believe, in the near future, a symbiotic relationship is going to develop between the supply chain and the Internet of Things (IoT) — sometimes referred to as the Industrial Internet of Things (IIoT). If you modify the term “IoT” to “IoT ecosystem,” I agree a symbiotic relationship is likely to develop.
To set the foundation for this discussion, let us first look at the definition of order lead time. Order lead time is the time gap between the date when a customer places an order and when they expect to receive the product. Typically, in a B2B environment, the expectation is that there will be some gap between the two dates, and in many cases, this gap can be negotiated.
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
Transportation companies, e-commerce goliaths, and tech startups worldwide are testing drone and droid deliveries with an array of products, from fast-food orders to consumer goods. How will these emergent technologies affect supply chains? Unmanned Systems in the Supply Chain. Drones, otherwise known as unmanned aerial vehicles, have been garnering the attention of innovators across a wide range of industries for several years now.
“Maybe we should try somewhere else tonight.” That’s something you as a restaurant company manager would never want your loyal. The post Restaurant Supply Chain: The Secret Weapon Against Diner Defection and Profit Protector? appeared first on The Network Effect.
Supply chain professionals are like the military’s special forces. Each day they battle to beat competitors while simultaneously trying to win the hearts and minds of customers. According to Steve Geary, President of the Supply Chain Visions family of companies and Chief Operating Officer at ROSE Solutions, logistics is the key tool in the supply chain professional’s kit.
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.
When the United Kingdom voted to part ways with the European Union (EU) two years ago, it opened doors for change, possibility and above all else, uncertainty. Due to ongoing negotiations around what exactly Brexit will entail, the shift has left brands across all industries guessing what the future holds for business — making planning […]. The post Ireland—the Answer to your Post-Brexit Supply Chain appeared first on Steel Connect.
It’s true that inventory management is a challenge for both manufacturers and distributors. Each supply management issue that can arise has repercussions. For example, excess inventory can cause a decrease in product turnover and a loss of profits, while stock-outs can cause backorders, unhappy customers and lost sales. Optimizing inventory can ensure that the right product is available in the right quantities, at the right time and the right locations, to meet supply and demand.
In 2006, lithium-ion batteries consumed only 20% of the global cobalt supply. Ten years later, that number has more than doubled. It’s expected that market demand for the metal will increase to more than 120,000 tonnes per year by 2020 — 60% of which will account for battery production alone. As a finite but clearly valuable resource locked mostly in countries with difficult-to-track labor standards, cobalt’s supply chain has fallen under intense scrutiny in recent months, and companies are rush
Think back five years ago when you shopped online. Back then, when you placed an order online and the estimated delivery date was 10 days later, that was acceptable. Now think about your online shopping and shipping expectations today – a 10-day delivery estimate is unacceptable to most, if not all, consumers. This is mostly thanks to Amazon Prime , which has drastically changed consumers’ expectations.
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.
With the options that digital technologies provide to develop new business models and new strategies, companies that integrate digital technologies into their supply chain can quickly improve service levels while cutting costs up to 30%.
Can blockchain improve your supply chain? Only if you can make practical use of it. Currently, blockchain is still new and shiny, and a bit mysterious. Bitcoin and other cryptocurrencies have been fuelling interest and examples are multiplying of blockchain being used for supply chain. Yet, as often as not, it’s the “wow” factor that is the focus, rather than the “how” factor.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
261 
Let's personalize your content