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Driving a supply chain transformation? Want to be data-driven? Prepare for the journey by redefining your relationship with data. And encourage your organization to do the same. Data has a cycle as described by this quote from Techtarget.com. Most organizations only focus on usage. To be demand-driven, own the cycle. D ata management is the process of ingesting, storing, organizing, and maintaining the data created and collected by an organization.
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article comes from Carlos Díaz Madero, Subdirector Marketing at netLogistiK , and looks at the key trends that are transforming supply chain management. In an ideal world, ensuring the immediate availability of products to customers would be simple, as demand would be easily predictable, all customers would be the same, there w
As a supply chain leader, you may tend to prioritize efficiency. From improving the quality of technology within your organization to building richer, more reliable supply chain relationships, you must look for every opportunity to streamline operations. But there’s one element of the supply chain that’s often neglected in the pursuit of efficiency: human economics.
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
As we kick off the summer of 2024, four years past the emergence of COVID-19, we are still seeing the effects of the pandemic on the world’s supply chains. As supply chain professionals, COVID-19 made us recognize that disruption is a given. From production shutdowns and material shortages to blocked shipping lanes, we now accept supply chain uncertainty as an everyday fact.
In a March 2010 article in The Atlantic titled “Cyber Warriors,” James Fallows writes,”[Cyber] attacks — not just from China but from Russia and elsewhere — on America’s electronic networks cost millions of dollars and could in the extreme cause the collapse of financial life, the halt of most manufacturing systems, and the evaporation of.
In a March 2010 article in The Atlantic titled “Cyber Warriors,” James Fallows writes,”[Cyber] attacks — not just from China but from Russia and elsewhere — on America’s electronic networks cost millions of dollars and could in the extreme cause the collapse of financial life, the halt of most manufacturing systems, and the evaporation of.
Plan, Plan and Plan Again! All major companies run some sort of ERP to support their business whether they are FMCG, pharma, brewing or indeed anyone who “makes stuff” for Joe Public to buy. Many blue-chips have invested in big name software packages while others may have chosen a cheap and cheerful locally built product. The big name offering is not always the most user-friendly solution but then the made-to-measure option also has drawbacks, usually support and lack of flexibility.
Jason Miller and Joe Lynch discuss market insights. Jason is a professor of supply chain at Michigan State University, which is ranked as one of the top supply chain schools in the world. Summary: Market Insights In this podcast, Jason Miller, a professor at Michigan State University, shares his expertise on the current state of the supply chain and logistics industry.
In the fast-paced world of logistics, efficient transportation is paramount. Every inch of unused space and every minute of idle time translates to lost revenue and a larger carbon footprint. To stay competitive and sustainable, businesses must maximize their transportation vehicle utilization. But what exactly does this entail, and how can it be achieved?
“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.
For thousands of years, humans have been searching for the mythical “fountain of youth.” While appearing in the writings of Herodotus (5th century BC), in the Alexander romance (3rd century AD), and in the stories of Prester John (early Crusades, 11th/12th centuries AD), the legend really grew when it became associated with Spanish explorer Juan Ponce de León.
Did you know that 50% of the people getting diagnosed with type 1 diabetes today are adults, not juveniles? And those that get T1D as children, like my daughter Hannah who was diagnosed at age 11, ultimately become adults (Hannah will be 24 later this summer). That is one of the reasons why JDRF rebranded. Read more The post Above the Fold: Supply Chain Logistics News (June 28, 2024) appeared first on Talking Logistics with Adrian Gonzalez.
Kenneth Carter III and Joe Lynch discuss 5 lessons from military logistics. Kenneth is the CEO of Ameriton Freight , a logistics company specializing in the food and beverage space. Summary: 5 Lessons From Military Logistics In this podcast, Kenneth Carter III shares his remarkable journey from drug addiction and incarceration to becoming the CEO and founder of Ameriton Freight and Logistics.
By land, air, and sea, people and goods move around the planet. Humans, by their very nature, desire to connect and to trade with other humans. Admittedly, the term “trade” has often meant to exploit; nevertheless; most people understand that logistics is what makes the world go round. The staff at Mecalux explains, “Logistics has played a crucial role in the development of humanity throughout history.
Speaker: Lee Andrews, Founder at LJA New Media & Tony Karrer, Founder and CTO at Aggregage
This session will walk you through how one CEO used generative AI, workflow automation, and sales personalization to transform an entire security company—then built the Zero to Strategy framework that other mid-market leaders are now using to unlock 3.5x ROI. As a business executive, you’ll learn how to assess AI opportunities in your business, drive adoption across teams, and overcome internal resource constraints—without hiring a single data scientist.
By Shyam Krishna, (pictured) Vice President of Healthcare Solutions, Softeon The post Get Ready, Pharma: Drug Supply Chain Security Act (DSCSA) Enforcement Is At Hand appeared first on IT Supply Chain.
Nucleus Research recently published its TMS Technology Value Matrix 2024 , which provides an overview of the current market for Transportation Management Systems (TMS), while also assessing the software providers in this space. Blue Yonder was named a Leader in this year’s Nucleus report, based on an evaluation of our Blue Yonder Transportation Management solutions.
Futurist Bernard Marr observes, “As a species, humanity has witnessed three previous industrial revolutions: first came steam/water power, followed by electricity, then computing. Now, we’re in the midst of a fourth industrial revolution, one driven by artificial intelligence and big data.”[1] He adds, “I like to refer to this as the ‘Intelligence Revolution.'” The intelligence revolution is necessary thanks to the enormous amount of data being generated each day an
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Among the many benefits that artificial intelligence can bring to industry is to reduce risk in every link of the supply chain, says Jim Hayden, chief data scientist at Everstream Analytics.
In a fiercely competitive world where customer loyalty is hard-won and easily lost, retaining customers is vital to retail growth. Not only is it easier to sell more to customers who already love your brand, but a 10% increase in customer retention can increase profitability by 30%. Providing a great shopping experience is a cornerstone of customer loyalty.
Last week supply chain planning and execution synchronization technology provider Kinaxis conducted the company’s annual customer conference. In prior Supply Chain Matters postings, we highlighted the announcement of Kinaxis Maestro® , the company’s broadened set of AI infused capabilities which will augment the existing Kinaxis RapidResponse suite capabilities.
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
Globally, it's estimated that $161 billion worth of clothing and textiles fall into an area of risk that makes them prone to being produced by forced labor annually.
Supply chains for medical devices are getting increasingly complex and face unique challenges. Many of the most complex medical device supply chains exist within large conglomerates producing a myriad of diverse products from pacemakers to testing kits and from MRI machines to disposable needles. The sheer diversity of the products that need to be managed warrants a robust and scalable planning solution.
In an era where efficiency equates to competitive advantage, the oil industry’s supply chain management plays a pivotal role in determining a company’s profitability and sustainability. Given the complex and expansive nature of the oil supply chain—stretching from remote extraction sites to global markets—optimizing operations can lead to significant enhancements in performance and cost reductions.
Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.
By Ann Sung Ruckstuhl (pictured) SVP & Chief Marketing Officer, Manhattan Associates The post Momentum 2024: Technology Drives Supply Chain Commerce into a New Era appeared first on IT Supply Chain.
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