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Modern supply chains have access to more information and technology than ever before, creating a new, digital supply chain. However, the digital supply chain has grown increasingly reliant on the use of “smart technologies,” such as those involved in automated data capture, analyses and the Internet of Things (IoT). In addition, these technologies can introduce a new level of visibility and improve overall operations, asserts The Manufacturer magazine.
Last Saturday, we celebrated Earth Day, making this an excellent time for each of us to examine our own commitment to the environment. In recent years, businesses and consumers across the country have demonstrated that sustainability matters – both in terms of what they buy and how vendors are selected. In fact, 22% of U.S. based companies have a supplier sustainability scorecard that they may use in their purchasing decisions, and another 23% are developing one.
LoL. I have to laugh. Not to wax nostalgic here; but it has not been all that long ago that “trade promotion,” as a business process was looked upon as more of a necessary inconvenient evil rather than the mission critical sales and marketing asset it is today (and, frankly, ALWAYS has been!). What’s so funny? Well, for me personally, it is a validation of a life’s work.
by Alexa Cheater How to overcome the Amazon effect. When it comes to supply chain excellence, particularly in the retail sector, there is one behemoth dominating the landscape: Amazon. Amazon supply chain management is driving innovation and change at a pace that’s putting the pressure on other businesses to find a way to keep up, or fold. The online retailer’s most recent patent focuses on drone technology, and would involve drones delivering packages with parachutes.
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.
How Big Is the Problem Of Inbound Freight Management? Inbound freight management is receiving a lot of attention as businesses continue to look for ways to manage shipping costs. If you’re looking to save costs on shipping, take a look at inbound shipping. Depending on the industry and size of the company, a business can spend more than 40% of its annual freight budget on inbound shipping, according to the Aberdeen Group, a research firm in Boston.
I conducted my first research study on transportation management systems (TMS) back in March of 1999. Although TMS solutions had already been around for some time, the emergence of the Internet and the dotcom era opened a new and exciting chapter in the market. Many startups were launched at the time, but many of them ultimately failed or were acquired by larger competitors.
I conducted my first research study on transportation management systems (TMS) back in March of 1999. Although TMS solutions had already been around for some time, the emergence of the Internet and the dotcom era opened a new and exciting chapter in the market. Many startups were launched at the time, but many of them ultimately failed or were acquired by larger competitors.
Putting the Consumer at the center of the supply chain universe In a previous post, Rise of Supply Chain Control. The post Building a Better Supply Chain Control Tower appeared first on The Network Effect.
I “enjoyed” a rather turbulent ride on a recent flight into Denver International Airport the other day. From my days as a flight test engineer, I know that modern jets have a forward-looking weather radar to help minimize the type of exciting rides I experienced that afternoon. However, it isn’t always possible to avoid all those pockets of turbulence; which is why it is always a good idea to head the flight attendant’s warning to always have your seatbelt fastened.
As you read this I’ll be flying back from the JDA FOCUS 2017 conference in Las Vegas. There was a lot of great learning and networking at the event, including a keynote session with Michael Phelps, where I learned that he has swum the equivalent of two laps around the Earth if you add up all of the meters he has traversed in practices and competitions during his career.
by Melissa Clow This blog is part of a video interview series. Check out the video below as well as links to other supply chain practitioner and Kinaxis executive interviews. Merging two companies is seldom easy, but it’s even more difficult when their supply chains are highly dissimilar, says Jim Calarese, director of supply chain systems at Sanofi Genzyme.
“The hype surrounding Blockchain — also known as Distributed Ledger Technology — is in overdrive,” writes Andrew Sohn (@Molsonix). “Many … Continued. The post The Blockchain/Supply Chain Future appeared first on Enterra Solutions.
Successful supply chains rely on strong leaders who can spur top performance from those around them, and the next hidden leader might be right in plain sight.
“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.
The list of the 2017 Top 100 Logistics IT Providers is out and ModusLink has once again been recognized as a leader in supply chain management—the 2nd consecutive year the company has been honored. The annual list is created by Inbound Logistics, a top supply chain publication educating companies on the benefits of demand-driven logistics […].
FOCUS 2017, at the MGM Grand in Las Vegas, got started in a big way on Tuesday (April 24). With JDA customers and friends arriving from all around the world, the atmosphere was electric. Eager attendees were already in line for registration early in the day, reminiscent of Black Friday news reels! Once registered, they got a head start on networking – and seeing old friends – through Special Interest Group meetings that occurred throughout the day.
Possibly the most brilliant logistician of the biblical age, Joseph, can teach us a lot about the importance of logistics today. Joseph’s exceptional forecasting and planning abilities put him on a fast track to promotions. He ascended rapidly from the role of prisoner/superintendent in an Egyptian jail, to Pharaoh’s Chief Logistics Officer with “Prince” in […].
The Manufacturing Institute, APICS, and Deloitte surveyed over 600 women in manufacturing and conducted nearly 20 manufacturing executive interviews to explore how effectively manufacturing companies are attracting, recruiting, and retaining women, and what should be done to close the gender gap.
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
Now that we’ve established that forecasting is important , you know what your demand planning organization is going to do and how you plan to structure it , here we’ll address where to put it. Demand planning can work well within a number of organizations as long as they can be incented, connected appropriately and can manage the group well. And although your company’s structure and the influence/incentives of various organizations may differ, as a general rule there are three key criteria in d
Technology, disruptors, opportunities—three core areas of discussion this month at the Annual Crossroads supply chain event at MIT’s Center for Transportation and Logistics (MIT-CTL). The day-long event, if you haven’t been able to attend in the past, brings together MIT researchers to share insights across technology, social, and supply chain research areas.
With industry disruptions and developments, third-party logistics providers have turned to mergers and acquisitions as a strategy to expand their networks and meet shipper needs. From 2014 to 2015 alone, the value of M&A deals doubled from $87 billion to $173 billion while cross-border deals quadrupled from $28 billion to $115 billion 1. Through this activity, Read More.
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.
In 2016, HPE created an EMEA supply-chain Industry 4.0 initiative that implemented different proof of concepts for manufacturing and logistics processes using a range of technologies including 3D printing, cloud computing, data visualization, and the Internet of Things (IoT). Several companies in various industries such as automotive, pharmaceutical, and electronics have also ventured into this digital transformation.
In today’s rapidly digitalizing world, companies can be divided into two categories based on their speed and agility. On the one hand we have the traditional firms and large multinationals that, just like oil tankers, need a lot of time to change course. On the other we have very agile companies that, just like speedboats, can deftly weave around the waters and even accelerate if necessary.
Recent reporting by CNN suggests the possibility that 3.5 million truck drivers in the US could lose their jobs over the next decade as self-driving trucks make the jump from science fiction to fact. What will be the ramifications of this radical shift within the transportation logistics industry; and is the industry ready to accommodate such a transition?
Although methods such as strategic sourcing have improved indirect supply chain performance, one could argue that these methods take a short-term approach. A long-term approach involves recognizing how the values of indirect suppliers align with stakeholder values. The emphasis on values leads to greater collaboration and the capability to quickly respond to challenges and interruptions.
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.
Machine manufacturers suffering from high costs and long unreliable lead times can make huge gains in terms of competitive edge if they manage to resolve the so-called ‘service paradox’: from relatively slow, unreliable and inefficient to reliable, fast and efficient. By Alex Tjalsma, partner/consultant Involvation. Machine builders develop and manufacture often-complex machines, many of which are unique.
NeoGrid, a global technology provider of end-to-end supply chain management solutions, has announced that chief operating officer Gilson Torii will co-present a session at the 2017 Gartner Supply Chain Executive Conference scheduled for 22-25 May in Phoenix, Arizona.
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