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I dialed-in, took a sip of coffee, rocked back in my seat. I asked, “ How can I help you?” (This is my standard modus operandi. When not traveling, I answer nine calls on average a day.) When I asked the question, an awkward silence followed. A strained request from a marketing director for a software company ensued, “You did not list us in your analytics report, and we want to know why.
Supply chains are messy. Blockchain in Supply Chain Can Help. A manufacturer in China doesn’t read the specs on an order. A supplier in Mexico mixes up two similar parts. An ecommerce fulfillment warehouse in the USA sends the wrong packages to customers. On top of all that, billions if not trillions of dollars worth of potential working capital are tied up in illiquid assets such as 90-day invoice payouts or even the real estate value of, say, a warehouse or factory building.
by Alexa Cheater Bridging finance and supply chain operations improves efficiency. In my earlier blog , I examined common obstacles organizations face when bringing together finance and supply chain operations. Now let’s look at the rewards you can reap by actually doing so. Bringing together finance and supply chain operations can make your company more operationally savvy and improve financial efficiency through: Exposing potential risks and enabling executable and optimized plans.
Omni-channel order management is essential for today's changing business environment. While integration issues abound, the market for OMS is poised to grow. This is due to a combination of factors including cloud deployments, increased use of ship from store, and artificial intelligence. The post Omni-Channel Order Management Growth Drivers appeared first on Logistics Viewpoints.
In today's rapidly evolving logistics industry, companies consistently strive for efficiency and competitiveness. However, the most significant factor driving business success isn't just technology or infrastructure—it's the people behind your processes. Employees aren't merely resources; they're your most strategic asset. High turnover rates and constant retraining costs severely impact logistics companies, draining productivity and profitability.
Financial executives measure inventory health with metrics like inventory turns because they view the firm from a financial viewpoint - such as how much working capital is being tied up. But from an operational supply chain planning perspective, turns is a crude metric because it doesn’t recognize the difference between “good” and “bad” inventory. For instance, you could have too much of some products, while not enough of others.
The type and capabilities of supply chain technology is expanding, and technology will only grow more important in effective supply chain management in 2018. From the increased demand to data-driven decision-making through the industrial Internet of things (IIoT) to the use of cloud-based technologies, supply chain technology will advance light years in the coming months.
The type and capabilities of supply chain technology is expanding, and technology will only grow more important in effective supply chain management in 2018. From the increased demand to data-driven decision-making through the industrial Internet of things (IIoT) to the use of cloud-based technologies, supply chain technology will advance light years in the coming months.
Still think trade compliance is just paperwork? Still managing it with Excel spreadsheets? An article in the Wall Street Journal last week by Henry Cutter ( Whistleblower Lawyers See a Growth Area: Customs Fraud ) is another reminder of why trade compliance is not just paperwork or a low-priority cost center hidden in the basement of your company — it’s a high-risk, strategic business process that is only getting riskier and more complicated.
Lots of supply chains are dealing with the “Amazon effect,” which has led consumers to demand lightning-fast (and free) delivery times, last-minute order changes, and 100 percent order accuracy. While initially seen as just a retail problem, these expectations have now reached the B2B world as well. Managing the Amazon effect requires a host of […].
Earlier this week, SpaceX launched a rocket into outer space. Attached to the Falcon Heavy rocket, launched from Cape Canaveral, FL, was a 2008 Tesla Roadster, with a dummy at the wheel named “Starman.” The goal was to launch the car into space and into an orbit around the sun that would bring it close to Mars, Well, the mission was mostly successful, as the rocket took off and initially went into the planned orbit. […].
Supply chain technology is a difficult, exhilarating topic to cover in detail. The supply chain technology stack comprises hundreds, if not thousands, of individual technologies, and considering the growth of the Internet of things (IoT), there really is no limit to how much these transformative supply chain technologies may expand within the next 12 months.
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.
Late last year, a San Francisco politician launched a statewide campaign to raise money for a California ballot that would penalize private enterprise for embracing automation in the workplace. The website, called “Jobs of the Future Fund,” boldly states: “The idea is simple: if an employer replaces a human worker with a robot or algorithm, he or she would pay a tax.
By the end of February over 19% of the year will be behind you. Think about that for a minute. If you follow a financial calendar year you probably put your Annual Plan to bed in October and now nearly 20% of the available selling time has already gone. Shocker!
Beyond Buzzwords – An Introduction to Blockchain for Business Leaders. With all the buzzwords flying around, it can be difficult to separate Blockchain hype from business reality. Join this foundational session to understand the fundamental concepts of the distributed ledger, relevant Blockchain terminology, and real world Blockchain use cases. TOPICS COVERED.
Yard management has closely mirrored warehouse management for years, but it lacks behind on the use of new technologies to reduce delays, improve productivity , and decrease risks. Yard management technologies have the potential to change how small and large yards operate. Take a look at the top four yard management technologies that will impact your organization soon, if they have not already.
Note: Today’s post is part of our “ Editor’s Pick ” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. In this post, Steve Raetz, Director of Research and Market Intelligence at C.H. Robinson , highlights 8 trends that will have an effect on the truckload market this year.
Taiwan was hit by another 5.7 magnitude earthquake Wednesday night at 11pm local time, nearly 24 hours after a 6.4 magnitude quake killed at least seven and left dozens more trapped in the eastern city of Hualien. Hualien’s population of 350,000 felt the strongest impact of the quake, with five surrounding cities feeling light shaking. While not the business center of Taiwan (commerce is concentrated on the country’s west coast) Hualien is a popular tourism hub.
Did you know that nearly half of all projects fail due to missed, inaccurate or incomplete requirements? Companies fail more often because they solve the wrong problem, not developing the wrong solution to the right problem. Many find that homegrown solutions and spreadsheets do not provide an effective solution for requirements management. Ensuring that every initial requirement is ultimately met in the final product is one of the most critical, yet difficult, aspects.
“By implementing a few critical steps in advance of the holiday, shippers can avoid unnecessary bottlenecks and continue business with little or no interruption,” says Frank Guenzerodt, CEO of Dachser USA. With Chinese New Year approaching fast workers will travel throughout the country to return to their families and celebrate the New Year, with all manufacturing shutting down for the duration.
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
On Monday, February 12 at 6pm, JDA Labs is hosting a special meet-up on studies in gameful interaction design and games user research. The featured speaker is Dr. Lennart Nacke, Director of the HCI Games Group, the Associate Director for Graduate Studies on Stratford Campus and an Associate Professor for Human-Computer Interaction and Game Design at the University of Waterloo.
Need help keeping up with the latest supply chain, logistics, manufacturing and e-commerce industry news? Below, you’ll find the top articles and trends from January covering various sections of these ever-evolving industries. The Internet of Things (IoT) has made its way into our cars, kitchens and even supply chains. Implementing the IoT into the supply […].
Supply chain and finance departments need to work more closely and adopt costing practices that are progressive and focused on informing internal decisions. Supply chain professionals aren’t getting the cost information that they need according to a recent survey from APICS and the Institute of Management Accountants. In the study, " Working Together to Enhance Supply Chain Managment with Better Costing Practices. " upper management supply chain professionals were asked to assess the impact of
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.
I am terrified of flying. It’s been that way since 9-11. It’s ironic really, considering how often I fly for work. Over the years, I’ve developed a ritual to calm my nerves and get me breathing again every time the plane bounces around in periods of turbulence. As soon as I settle into the seat, I pray (and pray), dab on Aveda Stress Fix essential oil and, most importantly, plug my pink earbuds into my iPhone for endless hours of soothing spa music.
The key to making your supply chain data work for you is realizing that every load you move is a constellation of valuable data points that can be used to rocket your business miles above the competition.
David Broering, President, Integrated Solutions at NFI, and Mark McKendry, Vice President of Intermodal, share their expectations for the coming year. The intermodal marketplace is one that is always predicated on the strength of the overall transportation market, and more broadly, the economy. As the U.S. economy accelerated in 2017, and along with it the.
Today’s omnichannel shoppers expect options like free shipping, expedited deliveries, store pick-up, ship to store and return to store. That can make order fulfillment very challenging. To meet the needs of an omnichannel environment (or simply expand to accommodate sales growth), retailers and ecommerce companiesneed to move products through the supply chain faster, get them closer to the end customer.
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.
| By Jonathan Whitaker | Principal, Managed Analytics Services | Chainalytics | Every supply chain organization seeks an optimally designed network to reduce cost while improving efficiency, customer service levels, and a competitive advantage.
Walmart announced new "On Time & In Full" or OTIF guidelines for suppliers, and is the next evolution of the Supply Chain Reliability program, the last big buzzword was "Must Arrive By Date" or MABD, which generally required you to deliver your products within a 4 day window, but the big change with OTIF is that you now need to deliver your products within a 1 day window and on the exact date, and it must be the full purchase order.
The SME owner of the past often failed because they did not have the resources to handle the many moving parts of their supply chain. From accountants to sales, warehouse and delivery staff as well as a team to handle administrative tasks, the labor costs are high and the workflows are repetitive, complex and manual. Today however, small and mid-sized business owners find themselves at a crossroads.
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