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As a result of the pandemic, the world is experiencing a recession affecting most countries. There is a tendency to “buying local” or local sourcing, designed to set in motion the Economy after the prolonged-lockdowns, the stop of many operations, the falling of employments and much more, a significant per cent willing to buy products whatever the cost.
Big Data analytics, the cloud, and digital capabilities are fundamental components of an efficient supply chain, value add, and competitive advantage. Leave a Reply [contact-form-7].
The atmosphere of business representation has changed drastically over the last fifty years. A more diverse world has taken shape, and the transportation and supply chain industry is no stranger to this shift. There are many benefits to having more individuals, and therefore businesses, represented across the board. The logistics of a company can connect.read More.
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.
As I’ve mentioned a few times here, COVID-19 has changed the nature of my job. Two weeks ago, instead of traveling to an in-person event, I joined the FourKites Visibility 2020 conference from the confines of my home office. The conference was an excellent event, with a clear message of how the company is moving forward during the current pandemic, a vision of what is to come, and a number of customer success stories.
After pushing out my appointment earlier this summer, I finally visited my dentist. The good news: my perfect record of no cavities remains intact. The bad news: it looks like I’ve started to grind my teeth, which could cause my teeth to chip or crack, so my dentist recommends that I get a night guard. Read more Above the Fold: Supply Chain and Logistics News (September 25, 2020).
After pushing out my appointment earlier this summer, I finally visited my dentist. The good news: my perfect record of no cavities remains intact. The bad news: it looks like I’ve started to grind my teeth, which could cause my teeth to chip or crack, so my dentist recommends that I get a night guard. Read more Above the Fold: Supply Chain and Logistics News (September 25, 2020).
A shortage of digitally savvy talent, and a lack of training for technical and soft skills, hinder digital procurement initiatives. 24th September 2020, London – Research from Ivalua, a leading provider of global spend management cloud solutions, has shown that a majority of UK businesses (86%) face significant barriers developing digital skills in procurement.
The typical peak season supply chain presents its own set of challenges yearly. However, this peak season is one never seen before. This year, 2020, is shaping up to be the most challenging year yet with the global pandemic in full force and the delays following for most of this year. Peak season will undoubtedly.read More. The post Peak Season Supply Chain Challenges Spur Innovation appeared first on Transportation Management Company | Cerasis.
Companies like Amazon, Walmart, Alibaba, and Zara are leading the path in the use of technology and advanced analytics in managing supply chains. Artificial Intelligence (AI) and Machine Learning (ML) are of the hot topics being discussed in the retail world. Across the globe, whether they are grocery, mass merchant, or fashion, retailers are looking for ways to make faster and smarter decisions using this technology.
Why Integrated Supply Chains are More Durable with John Tillison. John Tillison and Joe Lynch discuss why integrated supply chains are more durable. John is the SVP in charge of sales and marketing at A. Duie Pyle, a company that specializes in integrated transportation and warehousing solutions. About John Tillison. John Tillison began his logistics career as a management trainee at Roadway Express.
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
Supply chains across the globe need more efficiency to survive. The opportunities to grow fulfillment and improve the flow of inbound and outbound freight depend on multiple factors. Items need efficient unloading and comprehensive, digital put-away processes. Outbound shipments require optimization to minimize touches and avoid unnecessary dock delays.
Ocean Insights. Headquartered in Germany, Ocean Insights is a leading ocean supply chain visibility and market intelligence provider that supplies real-time tracking data and market analysis to large shippers from a broad range of industries, including automotive, manufacturing, food & beverage, commodity trading, chemical and freight forwarding.
Forty-six years ago today, Dr. Frank Jobe performed the first ulnar collateral ligament replacement surgery on baseball player Tommy John. At the time, this was an experimental surgery, and Jobe put the chances for success of the operation at 1 in 100. The procedure is certainly a complex one. A 3 to 4-inch surgical incision is made near the elbow. Holes to accommodate a replacement graft tendon are drilled in the ulna and humerus bones […].
A shortage of digitally savvy talent, and a lack of training for technical and soft skills, hinder digital procurement initiatives. 24 th September 2020, London – Research from Ivalua , a leading provider of global spend management cloud solutions , has shown that a majority of UK businesses (86%) face significant barriers developing digital skills in procurement.
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.
Have you noticed how the clock speed of just about everything has sped up considerably in just a few years? Supply chain practitioners know trends like product line proliferation, shorter product life cycles, increased complexity, massive amounts of data and ever more demanding and unpredictable customers are accelerating. Add to that the dizzying pace at which new products and trends are promoted and spread online and via social media.
1. Role of Procurement is not what it used to be. The role of procurement has transformed over the last decade, from cost-cutter to a vital ally that can inform and enable business strategy. COVID-19 has only served to cement the procurement department’s status as a key stakeholder. Procurement leaders now have a seat at the top table when it comes to making decisions on supply chain opportunities and risk.
The race to dominate AI is no longer about who has the smartest algorithms — it's about who can build and scale faster. Behind every AI breakthrough lies a battle for resources: data centers, compute hardware, power, and telecom infrastructure. And right now, even tech giants are hitting a wall. Our latest white paper reveals the six critical supply chain elements that are increasingly separating AI leaders from the rest.
Even under the best circumstances, developing production/sourcing plans three, six or nine months into the future with a high degree of confidence is difficult. During times of change and disruption it is nearly impossible to get an accurate plan. Huge sales and margin impacts hang in the balance. Once orders are placed, the ability to respond to changes quickly and optimally can mean the difference between profit and loss.
If you have retail customers, you are likely familiar with EDI. From shipping notices and order updates to purchase orders and invoices, EDI remains a workhorse of modern supply chain transactions – including those in eCommerce. In this article, we take a closer look at EDI in logistics, including its ramifications on vendor compliance.
The GCC chemical industry is second largest manufacturing industry in value add, after refining. 2017 Facts and Figures report by Gulf Petrochemicals and Chemicals Association (GPCA), the chemical industry accounts for 3.1 percent of the GCC’s GDP. It is the fastest growing sector in the GCC with Saudi Arabia and United Arab Emirates as the top producers.
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.
By David Higgins (pictured). EMEA Technical Director at CyberArk. The post Third-Party Access and Cyber Security Vulnerabilities appeared first on IT Supply Chain.
Supply chain experts and software leaders converge to discuss the current transportation environment and provide valuable tips on what companies should be doing now to get ready for what’s coming next. . What happens when you bring supply chain software leaders, a Berkeley professor, and a top Gartner researcher together in one “virtual” room to talk about the current and future state of the world’s supply chains?
The role of procurement has transformed over the last decade, from cost-cutter to a vital ally that can inform and enable business strategy. COVID-19 has only served to cement the procurement department’s status as a key stakeholder. Procurement leaders now have a seat at the top table when it comes to making decisions on supply chain opportunities and risk.
“Nothing will be the same” headlines are mushrooming. However, Foresight Alliance, a consulting firm that applies foresight, strategy, and research to build organizations’ resilience in an increasingly complex and fast-changing world warns against exaggeration and wishful thinking. “Experts and pundits are forecasting wholesale changes to every industry and every part of life, but only a minority of these forecasts of massive, permanent change will bear out.
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
By Bill Conner (pictured). CEO of SonicWall & advisor to GCHQ & the UK Governmentt. The post UK Govt advisor warns: Universities the latest frontier for cybercriminals appeared first on IT Supply Chain.
When it comes to the packaging industry, the “digital technology” term often conjures up visions of 3D software, eye-catching labels or unique packaging design that makes engaging digital marketing tools for con sumers. But to keep up in t oday’s rapidly changing business environment, packaging manufacturers must move beyond the concept of digital printing in order to realize the real transformation digital technology brings to manufacturing.
Using Invoice-to-Pay to create a top performing Accounts Payable Team. The performance of your Accounts Payable department can have a significant impact on the organization. Recent trends have increased the strategic importance of an effective, transparent Invoice-to-Pay process, managed by AP. Increased outsourcing has made businesses increasingly dependent on suppliers to drive innovation.
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