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<p>Retailers and brands have a wealth of customer data at their fingertips. Between your website, retail store, and loyalty program, the amount of insights you have on your customers is truly astounding. And maybe even a little overwhelming.</p> <p>You’re probably already using customer data for inventory planning and allocation, but does it influence your <a href="[link] promise</a> and the options you give to your customer
If you are in the business of selling physical products to customers, not being able to fulfill demand means your business is failing. It's a stark reality and one that is particularly frightening in today's omnichannel e-commerce environment. Part 1 and Part 2 of this series discussed the successful rise of omnichannel shopping in food and grocery - now see how it can affect the success of your brick and mortar.
by Bill DuBois The life sciences supply chain starts with a miracle. Is there a more challenging industry than life sciences? In a recent Forbes interview on why it’s so hard to bring tech into pharma, Vas Narasimhan, Chief Executive Officer of Novartis AG pointed out that only one in twenty drugs make it out of clinical trials. One in twenty. A rate that hasn’t increased in over a decade.
The success of your business centres on the ability to effectively manage your inventory stock and to do it in a way that is both timely and efficient. Time is a limited resource in any organisation and inefficiencies in its management can have a negative impact on your operating processes and your ability to deliver to consumer demands. Inventory control techniques are a great way to save time in your day-to-day activities, enabling you to streamline operations and providing the opportunity to
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.
Microsoft Excel is arguably the most widely used supply chain and logistics application , while blockchain is one of the most talked about emerging technologies in the industry, promising to transform the way companies share data and execute transactions with their trading partners. It was only a question of time before Excel and blockchain came together.
Why your “network” is not delivering the results you expect. The confusion in the market about the difference between multi-enterprise. The post 8 Signs Your Cloud B2B Network is Broken appeared first on The Network Effect.
Why your “network” is not delivering the results you expect. The confusion in the market about the difference between multi-enterprise. The post 8 Signs Your Cloud B2B Network is Broken appeared first on The Network Effect.
Offshore ultra-deep water drilling company to deploy eSourcing globally across its purchasing function. New York, NY April 2, 2019 – Consus Global , a leading Procurement services provider and Ivalua, the leading global Spend Management Cloud provider, today announced that Pacific Drilling , a deep water drilling company based in Houston, has selected Consus’ services in conjunction with Ivalua’s Sourcing platform to achieve cost savings and drive transparency across their sourcing opera
Implementing a modern warehouse management system (WMS) is useful to ensure the scalability and functionality of supply chains. While numerous WMS applications offer different benefits and capabilities, common threads exist around WMS implementation and go live plans. Supply chain leaders should know WMS implementation challenges, as well as WMS best practices to execute a WMS.read More.
“I’m worst at what I do best.”. Kurt Cobain, lead singer of Nirvana, killed himself 25 years ago today. I remember the first time I saw the video for “Smells Like Teen Spirit” on MTV, back in the days when MTV still played music videos. I was sitting on the couch with my dad, probably close to 11 at night, and we were both entranced by the sights and sounds of that video.
by Mike McAllister LogiMed USA 2019 panel discussion focuses on meeting expectations in the age of The Amazon Effect. Recently we had the opportunity to attend the only event that brings together the entire end-to-end healthcare supply chain, LogiMed USA 2019, in San Diego, California. During the session entitled “Integrating better customer service strategies throughout the supply chain,” Kinaxis Vice President of Industry Strategy Raj Aiyar weighed in on the impact the right techno
Strengthen your operations with the Supply Chain Resilience Checklist. This practical, easy-to-use tool helps your organization prepare for disruptions and ensure long-term continuity in an unpredictable world. Why Download: Identify and assess critical supply chain risks Ask the right questions to evaluate vendor preparedness Implement effective strategies to reduce vulnerabilities Improve communication, transparency, and coordination across your network What You’ll Learn: How to evaluate and m
Supplier information is typically viewed by procurement organizations as one of two things. It is either a data input, such as what we gather and use in spend analysis, or it is a process by-product, such as the information we gather from prospective suppliers during strategic sourcing. Procurement knows supplier information is useful and important, and that it needs to be cleansed and standardized after we collect it.
Outsourcing non-core business processes has been a time-tested way to cut costs while improving performance. Initially companies focused on functions like Finance and HR. But now they have started outsourcing supply chain business processes like demand planning, allowing them to focus on other business processes while gaining access to world class capabilities.
According to the 2017 MHI Annual Industry Report , released in April 2017, 80 percent of executives surveyed believe that digital supply chain will be the predominant model within five years. Sixteen percent think the era of the digital supply chain is already here. In today’s global, fast-paced world it’s no longer a question of whether an organization should be using technology to manage its supply chain and transportation processes.
Director of Technical Sales for DELMIA Quintiq in North America, Matt Barry was recently named a Provider Pro to Know by Supply & Demand Chain Executive, and a Rock Star of the Supply Chain by Food Logistics. With over 12 years of supply chain experience in leading successful customer projects, Matt is attuned to the needs of supply chain organizations across various industries.
“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.
Trust is defined as firm belief in the reliability, truth, ability, or strength of someone or something. In talks with the Soviets about nuclear disarmament, Ronald Reagan famously stated, “Trust, but verify”; but, I’m not sure that’s real trust. Trust is an unwavering assurance that something is as it seems to be. Hope Liu ( @hopeEximchain ), CEO of Eximchain, observes, “As far as one can remember, commerce has been conducted based on trust.
As of April 2, 2019, we are pleased to announce the availability of QAD Cloud ERP 2019, the latest version of QAD’s flagship ERP solution that includes the Channel Islands User Experience (UX) and the QAD Enterprise Platform. We are also excited to unveil major updates to several other solutions in the QAD solution portfolio. The goal of all of our innovations is to help provide our customers with the agility they need to effectively respond to the opportunities in their rapidly changing busines
by Mike McAllister LogiMed USA 2019 panel discussion focuses on meeting expectations in the age of The Amazon Effect. Recently we had the opportunity to attend the only event that brings together the entire end-to-end healthcare supply chain, LogiMed USA 2019, in San Diego, California. During the session entitled “Integrating better customer service strategies throughout the supply chain,” Kinaxis Vice President of Industry Strategy Raj Aiyar weighed in on the impact the right techno
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
In my last two articles ( here and here ) I’ve been talking about the need for Procurement to think about how we can move beyond our historical transactional role and embrace approaches to help drive competitive advantage and real value for our organisations. With the start of the Formula 1 motor racing season recently, my thoughts turned to speed. I’m not a “petrolhead” (my wife has always been more interested in F1 than me), but the constant cycle of improvement and innovation in the sport is
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.
Offshore ultra-deep water drilling company to deploy eSourcing globally across its purchasing function. New York, NY April 2, 2019 – Consus Global , a leading Procurement services provider and Ivalua, the leading global Spend Management Cloud provider, today announced that Pacific Drilling , a deep water drilling company based in Houston, has selected Consus’ services in conjunction with Ivalua’s Sourcing platform to achieve cost savings and drive transparency across their sourcing operations
High consumer expectations, a storage shortage and disruptions from trade tensions are increasingly revealing the shortcomings of traditional distribution models. But these challenges bring opportunity: companies that seek innovative solutions that deliver greater agility, automation and intelligence will not just thrive, they’ll also gain a significant competitive advantage.
This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia
A lot of our clients reflect upon the relevance of their network design and wish to challenge their flow organization in order to address the stakes of reactivity and efficiency imposed by the market. This reflection is even more necessary that most retailers (more than 80% according to recent polls) and an increasing number of industrials tackle the omnichannel battle.
Logistics can be traced all the way back to the Greek and Roman empires , but it’s undergone several major transformations as new technologies provide opportunities to more efficiently manage the movement and storage of goods. In the digital transformation age, logistics is once again undergoing a major shift. Logistics technologies such as robotic warehouse systems make automation a reality, while drones improve last-mile delivery capabilities and better tracking with tools like RFID tags
Travis Green, Chief Supply Chain Officer of a large consumer product manufacturing company, was more excited than he’d been in […]. The post Supply Chain Chief Takes Daughter’s Advice — <br> A Digital Transformation Story</h4> appeared first on o9 Solutions.
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