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Land O’Lakes Chief Supply Chain Officer, Yone Dewberry, told an audience at eft’s 3PL and Supply Chain Summit in Atlanta in on June 6th, “We’ve created it” (the truck driver shortage). “As an industry” (shippers), “we’ve done this to ourselves.” Land O’ Lakes is a member owned cooperative with revenues of $15 billion. The company is best known for dairy products, particularly butter, but the company also has divisions devoted to animal nutrition and seeds/crop […].
Today’s brands are up against a rapidly evolving the commercial landscape — with consumer behavior shifting toward online shopping and consumers, themselves, changing. Of course, the new shopper on every brand’s mind is the millennial. All eyes are on millennial spending behavior and preferences, as sales and marketing try to pin down trends around the […].
The chicken industry, especially in the United States, is one of the most successful sectors in agriculture. In a little over 50 years, the industry has advanced from fragmented, locally oriented businesses into a highly efficient, vertically integrated, progressive success story, increasingly supplying customers nationwide and around the globe. Poultry meat, particularly chicken, is a staple diet in most households around the world.
This afternoon, I poured myself a cup of tea to pen congratulation emails to the Supply Chains to Admire award winners. This is the fun part of my job. It is now our fifth year of analyzing balance sheets to understand which companies are outperforming their peer groups on the metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC) while driving improvement.
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 use of full truckload shipping is rising in popularity, resulting from its lower cost as compared to less-than-truckload (LTL) shipping. Unfortunately, the use of full truckload shipments and expenditures have hit an all-time high, reports Kate Patrick of Supply Chain Dive. These rates will have natural implications for smaller shippers seeking to lower overall transportation and freight spend, and paired with a “blurred lines between peak shipping and shopping seasons,” shippers will experi
Most companies are still trying to use Excel to optimize their inventories. Supply Chain Insights’ 2018 Inventory Optimization Technologies Study suggests the number may be as high as 75%. These companies struggle to meet service level requirements while respecting financial impacts, and have almost no chance to do it optimally. So inventory optimization software is still “low hanging fruit” for those seeking higher levels of supply chain maturity and improved use of supply chain analytical tool
Most companies are still trying to use Excel to optimize their inventories. Supply Chain Insights’ 2018 Inventory Optimization Technologies Study suggests the number may be as high as 75%. These companies struggle to meet service level requirements while respecting financial impacts, and have almost no chance to do it optimally. So inventory optimization software is still “low hanging fruit” for those seeking higher levels of supply chain maturity and improved use of supply chain analytical tool
The fall in oil prices transformed the global oil & gas industry. In the wake of its devastating consequences, companies have formed new business partnerships and become more open to embracing innovation. The industry is now recovering as prices have started to rise again, but the downturn has been a catalyst for continued evolution. Let’s take a look at what’s going on in the industry in this era of transformation.
It was my youngest son’s Bar Mitzvah this past Saturday, and as is customary at our congregation, he prepared a brief sermon reflecting on what he learned from that day’s Torah reading. He centered his talk on the following question: If you do something wrong, does that define who you are or what you can be forever? I’m taking a break today from writing about supply chain and logistics to share with you his insights on not letting your past mistakes define you.
“Companies Spent a Record $1.5 TRILLION on Shipping Costs in 2017” blares the headline from the Wall Street Journal Logistics Report article. Up a whopping 6.2% from the year before, shippers have been absorbing the costs of rising interest rates and labor costs, higher fuel costs, and soon, high tariffs on imported goods. The pace of cost increases is unsustainable.
Most companies are still trying to use Excel to optimize their inventories. Supply Chain Insights’ 2018 Inventory Optimization Technologies Study suggests the number may be as high as 75%. These companies struggle to meet service level requirements while respecting financial impacts, and have almost no chance to do it optimally. So inventory optimization software is still “low hanging fruit” for those seeking higher levels of supply chain maturity and improved use of supply chain analytical tool
Gartner's release of its 14th annual Supply Chain Top 25 provides an inside view of the elite corporations and their advanced practices that make them the best in the world. In the Supply Chain Top 25 ranking, Unilever retains its number one spot with a composite score based on six categories, like Gartner and peer opinions, inventory turns, revenue growth, and more.
Earlier this month, I retired my old headshot photo and starting using a new one. Today, I’m temporarily replacing it with this drawing of me that my daughter — the one heading to college this fall — drew way back when she was 2 years old. Remarkably, although 16 years have gone by, I look exactly the same. Shifting gears, here’s the supply chain and logistics news that caught my attention this week: CVS Adds Home Delivery With Help From Post Office (WSJ – sub. req’d).
In the movie the Wizard of Oz, Dorothy and her companions are told the answers they seek are found in the Emerald City. To get there, all they need to do is follow the yellow brick road. The road begins in the land of the Munchkins then heads out into forests and fields before ending at the doors of the Emerald City. Many companies seem to think there is a yellow brick road that will lead them through transformation processes directly to a digital supply chain.
Without taking advantage of the latest technology, supply chains become inefficient and unable to compete, and with higher consumer expectations and demands throughout the supply chain for faster turnarounds, industry requires the improvements that Artificial Intelligence can provide.
“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.
Virtually all industries today are undergoing digital transformation, but the opportunities for cost savings, as well as productivity and service improvements, are arguably greatest in the Heavy Building Materials (HBM) industry because of all of their current manual and paper-based processes. How is digitization starting to transform this industry?
Companies are always looking for a competitive edge and many organizations believe Big Data and advanced analytics can help them find one. The truth of the matter is so many organizations are now leveraging Big Data and advanced analytics that finding an edge is becoming increasingly difficult. Sam Ransbotham ( @Ransbotham ), David Kiron ( @DavidKiron1 ), and Pamela Kirk Prentice ( @pamelakprentice ) assert, “Competitive advantage with analytics is waning.
The report identifies several concepts that look to have high impact across the next decade: uberization of freight; blockchain; fully autonomous trucks; artificial intelligence applications; truck platooning; electric vehicle fleets; autonomous mobile robots; and drone and unmanned aerial vehicle delivery systems. Things are looking up for supply chain sector, according to the Council of Supply Chain Management Professionals (CSCMP) Annual State of Logistics Report. .
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
It’s a vision shared by virtually all global business owners: a highly efficient, cost-effective supply chain strategy that keeps customers happy and requires minimal manual input. Where does flexible order routing come into play? It’s one of the secret ingredients for successful international inventory management and order fulfillment.
Perhaps the most overworked word in the supply chain management lexicon is “visibility.” Yet it’s difficult to overstate the importance of a view into what’s going on in the supply chain. After all, you can’t source, make, move, store, deliver, measure or improve what you can’t see. At the same time, the value of supply chain visibility is lessened if it isn’t comprehensive – encompassing the supply chain from one end to the other, from upstream to downstream.
Palm oil, cocoa, beef. They are all weekly, if not daily, parts of the average American’s diet. Yet when not sourced carefully, they’re also some of the biggest threats to the world’s forests. We all depend on products like these that are sourced from around the world. But more and more, we're also facing the consequences of a supply chain where transparency gets lost in a confusing network of suppliers.
Your supply chain can benefit in many ways from the new innovation of driverless trucks. Here are some of the ways that your network design strategy may improve. Transportation Costs Will Come Down. Human drivers need rest, which costs your company money. The driverless truck gives you the ability to maximize the revenue potential of each truck. Because of this, driverless trucks can sometimes exceed the 400-500 mile per day range that drivers normally achieve.
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.
Since we founded DiManEx a few years ago, I’ve spoken to hundreds of supply chain leaders who struggle with a common question: how can we use our data to predict demand for spare and legacy parts? The question is ever more pressing for Original Equipment Manufacturers (OEMs) and service organizations, which are often required by law to keep a supply of spare parts and combat product obsolescence at the same time.
The future of business and the overhaul of supply chain management currently is limited by legacy technologies, but soon will be transformed by digital technology.
Innovative New Solution Modules, Features and Other Advancements within the Acclaimed UltraShipTMS Platform Earn 2018 Recognition as a Top 100 Supply Chain Provider from a Leading Industry Media Outlet. Fair Lawn, NJ – June 25, 2018 – Supply & Demand Chain Executive , the executive’s user manual for successful supply and demand chain transformation, has selected UltraShipTMS as a recipient of an SDCE 100 Award for 2018.
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.
We couldn’t leave well enough alone, could we? We’ve killed countless brands in the consumer retail space and forced countless more to change the very way they operate from sourcing, to merchandising, and supply chain management. We’ve voted with our wallets and taken to social media in order to influence and implore brands to change, to be accountable, to think differently and provide customer experiences that delight.
Palm oil, cocoa, beef. They are all weekly, if not daily, parts of the average American’s diet. Yet when not sourced carefully, they’re also some of the biggest threats to the world’s forests. We all depend on products like these that are sourced from around the world. But more and more, we're also facing the consequences of a supply chain where transparency gets lost in a confusing network of suppliers.
One of the tricky things about managing a supply chain is that even the smallest problems don't happen in a vacuum. One issue at any stage in the change creates a ripple effect in the worst possible way. Supply chains are also getting more complex all the time, which only compounds this idea. It also serves to underline the fact that communication has officially become the most important part of your supply chain.
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