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As independent enterprise technology consultants, we’re regularly called to guide project teams through technology evaluation, selection and implementation. With a focus on business process improvement, our consultants are regularly out in the field guiding manufacturers and distributors that are challenged with managing the complexity of their operations.
Supply chain management is a multi-faceted process with many stakeholders and even more moving parts. New technology aims to make the supply chain more efficient, yet investing in the wrong technology further complicates productivity while hindering profitability. Effective supply chain management offers numerous benefits for companies, so overcoming challenges to keep things running smoothly is a top priority for supply chain professionals.
I watch the news channels on mute. The reason? I hate political pundit debates. When the nonsensical banter reaches a crescendo, I shake my head and ask myself the question of “Why?” I wonder why people are listening. Fondly I remember the days of Walter Cronkite and Dan Rather with eye-witness accounts and on-the-ground reporting. Phenomenal photography brought the stories to life.
The agribusiness supply chain is highly complex. It’s not limited to managing crops and livestock, but encompasses all equipment, services, and product processing as well as commercialization. Besides the regular challenges expected of such an intricate operation, there are social and environmental concerns, stringent regulations, a labor shortage and rising competition.
After decades of longer and more global supply chains, some are becoming shorter and more localized. This trend has important implications to supply chain planning. But first let’s take a look at the factors driving this change. . Contracting Supply Chains. . A recent special report by The Economist says that while most people assume that shrinking supply chains are caused by political factors such as tariffs, in fact there are deeper long-term trends at play.
After decades of longer and more global supply chains, some are becoming shorter and more localized. This trend has important implications to supply chain planning. But first let’s take a look at the factors driving this change. . Contracting Supply Chains. . A recent special report by The Economist says that while most people assume that shrinking supply chains are caused by political factors such as tariffs, in fact there are deeper long-term trends at play.
Inventory management mistakes constitute a significant cost contributor in today’s supply chains. According to Rod Daugherty of Manufacturing.net, the costliest problem is due in large part to poor inventory visibility and planning. More than 60 percent of wholesalers routinely keep more than one month of inventory on-hand, and since 77 percent of businesses lose sales.read More.
It’s my opinion that most look back on their career and realize they never could have predicted where they would end up. For instance, my best subject areas in high school were instrumental music, math and science. When it came time to determine what I should study in college I chose engineering even though I had a full tuition scholarship to pursue a degree in jazz performance.
Honeywell leveraged managed transportation services, or a people-plus-technology model, to drive substantial supply chain improvements. The improvement processes included in-depth evaluations and the establishment of freight processes and controls to drive down logistics costs while also improving service to customers. The results and areas of improvement include the following: The post People and Processes Drive Supply Chain Improvements at Honeywell appeared first on Logistics Viewpoints.
by Sarah Harkins Some Canadians aren’t cheering this patio season – because their cups are empty. Ontario residents, brewers and unions complained on social media after a June update to the Liquor Control Board of Ontario’s (LCBO) warehouse management software left alcohol in warehouses instead of on store shelves. The LCBO won’t be hurt by the interruption since it’s the only liquor retailer in Ontario.
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.
Key performance indicators (KPIs) refer to the targeted goals that rely on metrics to provide a snapshot of the health of your operation. They connect data and metrics with an evaluation of whether your operation performs as expected and what strengths or weaknesses may exist. Supply chain leaders need to know which KPIs of a.read More. The post What Are the KPIs of a Transportation Management System appeared first on Transportation Management Company | Cerasis.
We are more than halfway through 2019 and there’s one thing I’m certain about: the weeks and months ahead will be filled with uncertainty. That’s always the case, I know, especially when it comes to supply chain and logistics, where the uncertainty dial is always turned up to 11. Here’s a sampling of the uncertainty. The post Certainly, Maybe: Dealing with Supply Chain Uncertainty appeared first on Talking Logistics with Adrian Gonzalez.
The agribusiness supply chain is highly complex. It’s not limited to managing crops and livestock, but encompasses all equipment, services, and product processing as well as commercialization. Besides the regular challenges expected of such an intricate operation, there are social and environmental concerns, stringent regulations, a labor shortage and rising competition.
Like many supply chain leaders, you are likely tasked to continuously improve your business processes, and understand how the latest innovations coming to market can help you along this journey. Industry analysts such as ChainLink Research, IDC, Gartner Research and Supply Chain Insights are often asked to share their opinions of the market. Recently, Gartner published the 2019 Gartner Magic Quadrant for Sales and Operations Planning Systems of Differentiation.
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.
Listen to “A Comprehensive Discussion on Lean Supply Chain Strategies” on Spreaker. Lean Supply Chain & Supply Chain Optimization Resources Logistics Service Level Agreement and Logistics Key Performance Indicators: A White Paper Download White Paper Why Blockchain will Create Extreme Supply Chain Management Optimization Download White Paper The Top Supply Chain Trends that Will Impact.read More.
The transportation industry relies heavily on diesel to help it successfully transport products from manufacturers to consumers via trucks worldwide. Technology has been instrumental in reducing the number of empty miles driven, and finding an alternative fuel source is the next step for eco-conscious companies. As concerns about the longevity of fossil fuels grow, the […].
Stop me, oh, stop meStop me if you think that you’ve heard this one before Those lyrics by The Smiths from their song (you guessed it) Stop Me If You Think You’ve Heard This One Before, popped into my head when I read the following headline this week: U.S. Truck Driver Shortage Is On Course. Read more Above the Fold: Supply Chain Logistics News (July 26, 2019).
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.
As the global supply chain continues through digital transformation, connection technologies used in TMS implementation and integration will evolve as well. While many new system vendors bill application programming interface (API) as the best way to eliminate integration problems, thousands of supply chain entities continue to rely on the use of electronic data interchange (EDI).read More.
The ways in which an enterprise software solution looks, feels and works for a user is increasingly crucial. Now that users have been influenced by their consumer experiences with innovative and digital technology, expectations have increased for their business software to provide a similar user experience (UX). Smartphone apps, online banking, flight purchase, shopping websites and so many other experiences are designed with intuitive and easy-to-learn user interface to improve user experiences
Today’s segment was inspired by a question submitted by a member of Indago, our research community for supply chain and logistics practitioners: Is membership in the Customs-Trade Partnership Against Terrorism (C-TPAT) program still worthwhile considering the increasing demands of new minimum security criteria and the somewhat revised benefits or perceived benefits?
The capacity crunch is a significant issue for shippers of all sizes and throughout all industries. As Amazon marches forward and HOS regulations take hold, the ability to secure trucking space will present new challenges in supply chain management. While different tactics exist to leverage all available capacity, one area is often overlooked—dock management.
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.
Global supply chains are becoming increasingly complex, as businesses juggle multinational suppliers and service providers, constantly shifting regulations, and more informed consumers demanding increased responsiveness and sustainability.
The word “potential” is often viewed as a positive characteristic. The dictionary defines potential this way: “having or showing the capacity to become or develop into something in the future.” What often goes unspoken is the fact that something having potential means there may not be much to crow about at the present. Potential refers to a future state rather than the present state.
With $250 billion in tariffs on imported Chinese products and no change in sight, this article offers 5 practical steps companies can take now to minimize any negative effects from China trade tariffs.
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.
The internet of things offers businesses an unprecedented level of visibility and control over their supply chains. But it also opens the door to potentially crippling cyberattacks.
Mobile barcoding fills in a critical gap in your JD Edwards processes by automating data collection at the point-of-work. Oracle’s JD Edwards is a robust enterprise-level ERP system that offers organizations significant benefits. It holds massive amounts of inventory, asset and personnel data. However, JD Edwards can’t be everything to every industry.
The late Supreme Court Justice Oliver Wendell Holmes, Jr., once stated, “Certitude is not the test of certainty. We have been cocksure of many things that were not so.” With that caveat in mind, I think I can assert every organization wants to optimize its supply chain. I simply can’t imagine a CEO going to his or her board of directors and telling them their goal is to implement a sub-optimized supply chain.
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