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The supply chain technology market is in transition. Over the last three decades, the market weathered consolidations, mergers and technology shifts. Many of the clients I work with are nervous about SAP APO’s transition and the evolution of SAP’s supply chain planning solutions. They are looking for alternatives. As I work with these teams, one thing is clear.
Data overload and quality issues are common problems faced by all organizations. This makes it really difficult to start getting value out of data with analytics. Inevitably, when you buy supply chain optimization software, you need to start hunting around for data to make the technology work – it can feel like you work for the technology vendor, not the other way around.
Imagine the scenario: consumer orders a product online, and to lower delivery is available in the area. Rather than just picking up the product at the nearest Amazon store or waiting for drones to drop off the package on the doorstep, and autonomous wagon, looking like a refrigerator on wheels, shows up and interacts with the consumer via smartphone.
by Alexa Cheater. When was the last time you made changes to your supply chain? I’m not referring to order changes, SKU changes or capacity changes, but rather, the processes and functionality that drive your day-to-day decision making. If it’s been too long to remember, you’re likely lagging behind when it comes to supply chain innovation. That isn’t good news when it comes to keeping up with the competition.
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.
Gartner says we are entering what they call the ‘Experience Economy”, where personalization, speed, agility and the ability to predict consumer trends before they happen will separate the winners from losers ( Aspire, Challenge and Transform in a Disruptive World , 27 September 2017). Gartner cites the customer experience example of guaranteeing that a customer's equipment never shuts down.
Full confession: My team is small, yet diverse – I work with boomers and millennials, and the great generation in between. While I find the boomers tend to be more reserved and reticent in their remarks, millennials are quick to provide commentary with little filter engaged. When we discussed licensing the Gartner Magic Quadrant and offering it as part of our value proposition – the boomers said “OK”, and the millennials quickly asked “Why?
Full confession: My team is small, yet diverse – I work with boomers and millennials, and the great generation in between. While I find the boomers tend to be more reserved and reticent in their remarks, millennials are quick to provide commentary with little filter engaged. When we discussed licensing the Gartner Magic Quadrant and offering it as part of our value proposition – the boomers said “OK”, and the millennials quickly asked “Why?
What’s Holding Back Customer-Centric Air Cargo? . By Etan Efrati, Freightos. As the cream of air cargo’s innovators held turns on the floor, this question came up time and again. The recurring answer? The industry’s mindset is holding customer-centric air cargo back. And, as if choreographed, speakers from startups, carriers, and forwarders brought up example after another of where the forces of change are finally breaking through.
From its modest inception in 1999, Alibaba has now become one of the biggest e-commerce sites in the world. In this article, we will show you 7 supply chain lessons we obtain from the book "Alibaba: The House That Jack Ma Built" by Duncan Clark. Many people think the success of Alibaba is derived from the fact that China is one of the biggest economies on the planet with the population over 1.411 billion people (and about 400 million people are already their customers.
Data overload and quality issues are common problems faced by all organizations. This makes it really difficult to start getting value out of data with analytics. Inevitably, when you buy supply chain optimization software, you need to start hunting around for data to make the technology work – it can feel like you work for the technology vendor, not the other way around.
The days of re-slotting and warehouse at the time of its creation have ended. Today, warehouse managers face an endless battle with a growing number of products and limited storage capacity, and among distribution center managers, the challenge of warehouse slotting is even more difficult. According to Bill Ciervo of Conveyco, up to 60 percent of a picker’s time is spent moving between product locations, also known as slots or bins.
Artificial Intelligence. Machine Learning. Predictive Logistics. These topics are getting a lot of attention today, but they’re also generating a lot of questions from supply chain and logistics executives. What are these technologies? How can they help? What’s real and what’s hype today? What should I do to get started? Those are some of the questions I discussed with Adam Compain, CEO at ClearMetal , in a recent episode of Talking Logistics.
Trust plays an important role in supplier–buyer relationships. One way to approach this important concept is game theory. If you have ever wondered how game theory could be taught in a supply chain management course, I can recommend Nick Case’s The Evolution of Trust – an interactive guide to the game theory of why and how we trust each other.
Is enthusiasm for Big Data wavering? In 2015, McKinsey Global Institute claimed that the IIoT had the potential to create as much as $3.7 trillion in economic value in the global manufacturing sector by 2025. They also predicted that 80 to 100% of manufacturers will have implemented IIoT applications by then and already be reaping the benefits of data-driven insights into their operations.
While automation is poised to revolutionize eCommerce Logistics and last mile delivery, last mile eCommerce will benefit from increased use of white glove logistics services. As explained by Andrea Obston of Parcel Industry , last mile delivery must be free, fast and all-inclusive. Although free and fast are standard parts of last mile delivery in eCommerce, the last word, all-inclusive, poses a new challenge for shippers.
“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.
My trip to Chile this week in numbers: 34: the number of hours to travel there and back. 36: the number of hours I spent on the ground in Chile. 4: the total number of hours I spoke (in Spanish!) during my three presentations. 240+: the number of attendees at the Seminarium conference. 2: the number of chocolate ice cream cones I ate while in Chile.
A brief overview to solving the problem of using Blockchain in the supply chain First, what is Blockchain? In simple. The post Enhancing Blockchain for Supply Chain appeared first on The Network Effect.
Travelling often, I run into a frustrating, yet common, problem--delays due to weather conditions at airports that are not either where I am or where I am going, but instead where the inbound aircraft is from. FlightAware, a handy and useful app for any frequent traveler, keeps track of all (or at least most) of the aircraft in our skies. According to them, in the past year there were an average of 9,728 planes carrying 1,270,406 people in the sky at any given time.
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
For retailers focusing on Generation Y (aka millennials), the 2017 holiday shopping season could prove profitable. The consumer engagement firm … Continued. The post Target Marketing to Millennials this Holiday Season appeared first on Enterra Solutions.
Many companies profess customer-centricity, few achieve it, yet with by tuning the supply chain it is within reach It has. The post Why the Key to Customer Loyalty May Be Lurking in Your Supply Chain appeared first on The Network Effect.
Full confession: My team is small, yet diverse – I work with boomers and millennials, and the great generation in between. While I find the boomers tend to be more reserved and reticent in their remarks, millennials are quick to provide commentary with little filter engaged. When we discussed licensing the Gartner Magic Quadrant and offering it as part of our value proposition – the boomers said “OK”, and the millennials quickly asked “Why?
I generally do not like the shopping experience. I prefer to develop a list of carefully researched products so I can get into and out of a store as fast as possible. However, on a recent trip to a mega grocery store I started meandering up and down aisles looking at the variety of both national and store brand products available for purchase. Although I am fully aware of the product proliferation trend driven by customer segmentation, it is still eye watering to see that a store would carry 13
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.
The Big Data Era has changed how organizations conduct planning. Although companies have always attempted to forecast what the future … Continued. The post Outside-In Demand-driven Supply Chain Planning appeared first on Enterra Solutions.
Supply chains are ready for a digital makeover, based on intelligent technologies like AI, machine learning and the IoT. As with many facets of business, the supply chain management (SCM) industry is working to leverage technology to accelerate processes and cut costs. Many supply chain leaders are now exploring how emerging technologies like the cloud, the Internet of Things (IoT), machine learning and artificial intelligence (AI) can benefit the supply chain.
After back-to-back hurricanes Harvey and Irma hit the United States in September, supply stores across the country were put to the test in terms of preparedness and their capacity to recover quickly from the destruction caused by the unusual weather. According to reports , the combined property damages from hurricanes Harvey and Irma ranged from US $150 to $200 billion, ranking among the most expensive disasters in US history.
What impact could blockchain have on supply chains? In my opinion, a very big one. In principle, this encryption technology that enables data to be shared securely has the power to finally solve two major, long-standing supply chain challenges. Right now, blockchain is used primarily for Bitcoin, which integrates digital flows of money and information via peer-to-peer personal computer networks.
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.
Supply chain has become complicated. Some would say cumbersome. It takes days to make a payment between a manufacturer and a supplier, or a customer and a vendor. Contracts must be handled by lawyers and bankers, which means extra cost and delay. Products and parts are often hard to trace back to suppliers, making defects difficult to eliminate. Whether for industrial equipment, consumer goods, food products, or digital offerings, supply chains have headaches a-plenty.
It may be hard to believe, but the holidays are just around the corner. And for those of us in the supply chain industry that means just one thing: peak season. According to the National Retail Foundation, Americans spent $658.3 billion during the 2016 holiday season, and that number is only expected to grow for […]. The post Are You Ready for Peak Holiday Season?
Blockchain technology could help introduce higher levels of security to and confidence in supply chain transactions. When many people hear the word blockchain, they immediately think about bitcoin and crypto-currencies, conjuring up images of hackers and black markets. However, bitcoin is simply an implementation of blockchain—a technology that can be used to create powerful new capabilities in the supply chain world.
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