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Finance speaks a different language than supply chain. But by monetizing Sales & Operations Planning (S&OP), supply chain planners can speak the language of finance while developing S&OP into a more mature process. In its report Partner with Finance to Monetize the S&OP Conversation , Gartner says finance is not taking part in S&OP meetings at 40% of companies; mostly because finance leaders are unaware of how S&OP can help a business realize its financial goals and objec
When we speak to supply chain leaders about innovations in their supply chain, it’s not always about drones, self-driving trucks, or automated warehouses. To the contrary, it’s often about rethinking how we view our operations, leverage all our stakeholders, and in the end, deliver the best experience to the customer. Trend #1: Customers Buying Experience Not Products.
By Maha Muzumdar. Original version published in APICS Extra , July 2010. The years from 2007 through 2009 were notable for their economic volatility, reflected not only in the global economic recession but also the instability of customer demand and rapid movement in raw material, fuel, and commodity prices. Supply chain executives were under pressure to develop more efficient, customer-centric supply chains while finding innovative ways to reduce costs and enable growth.
Supply chain transparency and visibility are one of the topmost concerns for most manufacturing business leaders. Without the proper collaboration between the different players within the supply chain, it becomes difficult to create an S&OP that promote productivity, reduce costs, and improve service levels. In this week’s ‘Supply Chain Talk,’ Arkieva CEO Harpal Singh discusses the top 10 rules for creating a collaborative planning process.
Augmented reality, or simply known as AR, is the usage of technology to superimpose computer-generated sensory input such as sound, videos, and images over a person's real-view world. These applications help enhance skills, provide timely data, and additional features to help us with everyday activities or actions, all simply controlled by touch or voice commands.
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. In this post, Marie Delphine Achille from Quintiq shares three insights about cross-border e-commerce. Did you know that the value of cross-border and domestic e-commerce is forecasted to be worth a whopping $3.4 trillion in 2020?
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. In this post, Marie Delphine Achille from Quintiq shares three insights about cross-border e-commerce. Did you know that the value of cross-border and domestic e-commerce is forecasted to be worth a whopping $3.4 trillion in 2020?
More than likely, you’re going to be making significant investments in your supply chain over the next several years (or perhaps you’ve already started). If so, it’s worth looking at the recent findings from the 2017 CSCO Supply Chain survey by Gartner.
“A new technology is redefining the way we transact,” assert analysts from Goldman Sachs. “If that sounds incredibly far-reaching, that’s … Continued. The post Blockchain and Trust appeared first on Enterra Solutions.
As technology continues to revolutionize the way we do business and meet customer demands, are you leveraging the latest innovations to optimize your supply chain and stay ahead of your competition? Across industries, technology platforms, tools, and applications are built to help your business save time and money, help manage behind-the-scenes operations, and provide a competitive advantage.
I like to say that supply chain management is synonymous with risk management, and the risks are growing every day, everything from natural disasters to cyberattacks. Unfortunately, many companies are falling short in managing these risks effectively. In what ways are they falling short? “I think it’s in failing to have a supply chain risk strategy,” said Phil Lavin, Development Consultant IT at Siemens Postal Parcel & Airport Logistics, in a recent episode of Talking Logistics.
Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón
Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how a composable approach helps modernize commerce stacks while maintaining control over critical systems.
We’re all used to Black Friday, and (more recently) Cyber Monday, but it now looks like Prime Day is set to be another date in the shopping frenzy calendar. Amazon’s third annual Prime Day is tomorrow (though deals are already underway – check them out here!), and early projections show that it could generate as […]. The post What Retailers Can Learn from Amazon Prime Day appeared first on ModusLink Global Solutions.
Supply chain consultants in New Zealand know that this far-flung corner of the world is replete with logistics opportunities and challenges, just like any other nation. However, they also know that few nations have the same combination of opportunities and challenges. New Zealand’s remote location, inter-island geography, and contrast in demand density between urban and rural regions, combine to make innovation vital for success in supply chain management.
This time last year, the $5.25 billion Panama Canal expansion project was completed. The canal reopened with a new set of locks on both the Atlantic and Pacific sides for ships to easily flow through the canal without risk of delay due to accident or various water levels. During the expansion, there was also an. Read More.
Regardless of what industry you’re in, it’s clear that the pace of change is accelerating. Customer expectations regarding cost, delivery time, and reliability are becoming more demanding, while at the same time the competitive, regulatory, and technological landscapes continue to shift and evolve at a rapid pace. What impact is this having on companies and their supply chain requirements?
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.
By offering incentives to shoppers to use buy online and pick up in stores, retailers are driving more foot traffic into stores, and shoppers potentially can buy more than they intended to, boosting store sales. read more.
As technology continues to revolutionize the way we do business and meet customer demands, are you leveraging the latest innovations to optimize your supply chain and stay ahead of your competition? Across industries, technology platforms, tools, and applications are built to help your business save time and money, help manage behind-the-scenes operations, and provide a competitive advantage.
In my last blog, I talked about the idea of transformational change, the great value the change management discipline brings and the powerful impact it has when used in conjunction with good project management. I shared that my experience has taught me that without a deliberate approach to change, transformation is fraught with trials. I … The post Change Management Part One – Make People Aware That Change Is Coming… appeared first on Chainalytics.
I will be climbing to the clouds this Sunday. Well, not literally. It’s a bike ride I’m participating in as part of my training for our Logistics Leaders for T1D Cure team ride this September in support of JDRF. You know who else has been hitting the roads? My teammates Andrew Clarke, CFO at C.H. Robinson , and Steve Wallace, Inside Sales Executive at Elemica.
The supply chain is the world’s most complex logistics challenge, where efficiency and accuracy are critically important to ensure goods are accessible to consumers when needed. Enterprise Resource Planning (ERP) systems play a key role for wholesale distribution companies in this process, serving (among other things) as the inventory management software that attempts to ensure that the right products are available in the right quantities at the right time and place.
Pegasus Software has announced that Bell Lighting, the manufacturer and supplier of light sources and fixtures to the electrical wholesale industry, has extended its Opera 3 deployment with a new warehouse system.
<p>For years, business strategies drove the supply chain to be linear and stable. Distribution channels and the buying experience were well defined, so supply chain operations could be, too. Today’s market is a little different.</p> <p>The rise of eCommerce and omnichannel shopping has disrupted traditional buying experiences and linearity of supply chain operations.
FoodLogiQ survey finds consumers have exceptionally high expectations for food transparency, discover how to earn a customer’s trust, loyalty and purchasing power through supply chain visibility and transparency.
Bennett Adelson, CEO of MacroPoint discusses the following questions and more in this timely and informative episode: Why is real-time freight visibility so important for shippers and 3PLs? What is Network Effectiveness and how does it impact the total cost and value of visibility? What benefits does real-time freight visibility provide to shippers, carriers, and brokers?
2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.
The education industry is not known for being on the cutting edge of innovation, but last month a milestone was reached in an innovative online program that opens new avenues to professional education. Called MITx MicroMasters, the program is part of a broader movement to redefine the way professional education is structured and delivered in […].
Mobile data collection and integration is critical in today’s manufacturing supply chain landscape. The enterprise has been going through a protracted period of disruption as mobile devices and Internet of Things devices have begun to disrupt many longstanding work models. This trend has been somewhat slower to develop in the manufacturing sector, but that’s only if organizations look exclusively at typical mobility solutions, such as smartphones and tablets.
At JDA, one of the vehicles we’ve been using to demonstrate the benefits of effective supply planning and collaboration across the supply chain is the Collaborative Flow Planning workshop — AKA, The Beer Game. Most supply chain professionals have played the beer game at some point in their careers. Built by MIT years ago, the game does a great job of showing participants the pitfalls of poor communication, lack of visibility and the bullwhip effect.
Choosing freight carriers is not the easiest of tasks, so it’s understandable why companies often overlook the need for a freight review , even when such an undertaking is long overdue. If your company uses any kind of carriers or freight service providers, this post is intended to reassure you that despite being a potentially onerous project, a freight review at the right time can save your company a whole lot of cost , prevent you from falling behind your competitors , and help to ensure
Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.
Beginning August items that are fast-turning must deliver orders 100% full on the correct date, 75% of the time. If items are late or missing during a month period the supplier will be fined 3% of the value. Early shipments are fined as well or will incur a fine of 3% of the values. read more.
Mobile data collection and integration is critical in today’s manufacturing supply chain landscape. The enterprise has been going through a protracted period of disruption as mobile devices and Internet of Things devices have begun to disrupt many longstanding work models. This trend has been somewhat slower to develop in the manufacturing sector, but that’s only if organizations look exclusively at typical mobility solutions, such as smartphones and tablets.
As technology continues to revolutionize the way we do business and meet customer demands, are you leveraging the latest innovations to optimize your supply chain and stay ahead of your competition? Across industries, technology platforms, tools, and applications are built to help your business save time and money, help manage behind-the-scenes operations, and provide a competitive advantage.
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