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In the modern supply chain, selecting the right supply chain technology and software can make or break company goals. Unfortunately, choosing the right supply chain visibility software is even more complicated. Every company promises access to more information, the latest market data, and a better way to manage the supply chain. The reality is simple.
We know that bad data causes inefficiencies and creates vast sums of extra cost. It can also lead to inconsistent or bad decision-making. This is arguably the one of the most dangerous consequences, as it can result in some of the costliest mistakes that remain hidden – or potentially unaddressed – until it is too late. Omera Khan, professor of supply chain management at Royal Holloway, University of London, explains, “too few organizations appreciate the costs of incomplete, out of
Industry analysts, big-time consultants, and your peers are all talking about technology, digital transformation, and the future of the supply chain. It can seem like a lot of noise given the day-to-day pressure you feel while working to ensure that inventory is on hand and positioned where it is supposed to be. With all you have on your plate, are you aware of the signs that it is time for a change?
In December of 2019, the global grocery retailer Ahold Delhaize announced it was investing $480 million to transform and expand its U.S. supply chain operations in support of a new three-year strategy to move to self-distribution. In self distribution, the company insources many supply chain activities that were formerly outsourced. Ahold Delhaize was formed in July 2016 from the merger of Ahold and Delhaize Group.
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.
e-Commerce delivery overview in Southeast Asia. The first half of 2020 has been a rollercoaster ride for global and regional e-commerce logistics, setting off supply and demand shocks throughout the industry. Parcel Monitor tracks parcels all over Southeast Asia. Data collected from billions of parcels over the last 5 years, allows us to analyze changes in the e-commerce delivery ecosystem.
Does technology hold you back or accelerate your success? Supply chain applications have changed so significantly over the past decade that the use of legacy applications can prevent companies from reaching their full potential. Legacy solutions work fine by the previous standard that was in force — but today it’s not near enough. True modernization.
Does technology hold you back or accelerate your success? Supply chain applications have changed so significantly over the past decade that the use of legacy applications can prevent companies from reaching their full potential. Legacy solutions work fine by the previous standard that was in force — but today it’s not near enough. True modernization.
Earlier this year, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act in the hope of stimulating business and easing the disruption caused by COVID-19. According to Morgan Forde of Supply Chain Dive, that act included billions of dollars in resources through the Paycheck Protection Program (PPP), disaster declaration loans, and direct help.read More.
About a month and a half ago, I wrote about a trend sweeping Facebook nation: “Top 10 Albums that Influence Your Taste in Music.” And as I wrote, there are certain bands that define specific eras of my life. One of the biggest bands in my life over the last 40 years has been Metallica. I just saw an interview on the Howard Stern Show with the band where they talked about the difference between […].
Online transactions has become an essential behaviour all over the world these days. From the farthest African town to the streets of London, modern technology are applied to purchase online and businesses strive to respond to the increasing demand for online shopping. With this tremendous increase in online business, companies and brands are developing online presence exponentially.
One of our most popular posts every year is our Supply Chain and Logistics Conferences to Attend post. A few weeks after publishing this year’s list, the COVID-19 pandemic began. It didn’t take long for every conference after March to either get cancelled or re-imagined as a virtual event. Moving forward, how important will it. Read more Virtual Supply Chain Conferences.
Businesses’ ability to successfully navigate unexpected events is a large part of an overall successful supply chain. Many companies have found ways to mitigate the effects of events like hurricanes and blizzards. However, most organizations were not prepared for the implications of a pandemic like Covid-19 and its long-term impact on global supply chains.
This season is proving to be very different, with COVID-19 adding another layer of complexity to supply chains. And since many markets are already behaving like they do when hurricanes hit, shippers, brokers and carriers will need to communicate even more than usual. .
A digital workforce weaves together disconnected automation tools – Robotic Process Automation (RPA), AI, and machine learning – to think, act and analyse the way a human worker would, and work alongside humans. RPA as it is also referred to, has the capability to transform supply chain management. RPA can automate critical yet repetitive processes, driving increased efficiency, error reduction and faster throughput.
“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.
Some things seem destined to go together; for example, a wink & a smile; bed & breakfast; cookies & milk; and fish & chips. Many pundits assert 5G and cognitive technologies — often referred to as artificial intelligence (AI) — should be added to the list of famous pairs. For example, James Rundle and Angus Loten ( @angusloten ) write, “The convergence of artificial intelligence with internet-connected machines and superfast 5G wireless networks is opening possibilities acr
With freight markets already upended by COVID-19, supply chains are in a precarious position heading into hurricane season. Further complicating matters: This season is expected to be an especially active one.
Taking a digital-first approach. Emerging retail logistics start-up blu , has moved into its brand new state-of-the-art facility. Dubbed the ‘ blu eCommerce Hub’ , the new facility spans more than 7,000 square metres, expanding blu’s operational capacity multifold. It functions as the base of blu’s operations, housing a technologically-enabled warehouse space, robotically-powered fulfilment systems, and an integrated last mile distribution centre. blu has invested in a variety of new technologie
All over the world, scientists are closing in on a vaccine for COVID-19. The disease that has plagued the world for the past eight months has at least six vaccines undergoing final phase three trials. It’s been a record-breaking effort so far. But the most complex logistics challenge since World War II still lies ahead … The post Is the Last Mile Ready to Deliver the COVID-19 Vaccine?
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
REGISTER HERE. As markets demand not only efficiency but agility and adaptability from supply chains in our current reality, supply chain executives have been heavily investing in automated execution and real-time visibility technologies to continue moving inventory and delivering on customer expectations. The Logistics Industry in the U.S. represents approximately 10% of the GDP or close to 2 trillion dollars.
10% increase in both forecast accuracy and revenue. 15% decrease in inventory. 10% increase in service levels. Improved productivity. With Blue Yonder capabilities, Mahindra & Mahindra Spares Business Unit (M&M SBU) now has greater visibility regarding demand, inventory, supply and distribution plans and are able to make more accurate and timely supply chain decisions.
Transforming the Shipper, Freight Forwarder Relationship with Sarah Barnes-Humphrey. Sarah Barnes-Humphrey and Joe Lynch discuss transforming the shipper, freight forwarder relationship. As the founder of a company designed to connect shippers and freight forwarders, Sarah understands the dynamics of the shipper, freight forwarder relationship. About Sarah Barnes-Humphrey.
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.
UNION CITY, Calif. , Aug. 19, 2020 — PINC, the leader in digital yard™ solutions, has been named by its customers and industry peers as a Great Supply Chain Partner in 2020. “ For 18 years running, SupplyChainBrain has published our much-anticipated list of 100 Great Supply Chain Partners — a select group of companies whose customers recognize them for providing outstanding solutions and services,” said Brad Berger , Publisher, SupplyChainBrain. “Our six-month onli
Founded in 2001, Seamless Distribution Systems (SDS) listed on the NASDAQ First North Premier are renowned for enabling the digitization of sales and distribution processes across more than 50 markets. With a key focus on emerging markets around the world, SDS process over US$14B worth of transactions annually. SDS built its reputation for success and excellence on delivering robust and innovative solutions, enabling them to establish themselves as a trusted partner to the telecommunications, re
It seems strange in August 2020 that only six months ago we accepted that many of our components should come from Asia. How times have changed! The thought of relying on one supplier in a far-away country now keeps many supply chain managers up at night. The primary consideration for procurement departments is no longer around cost […]. The post Should Manufacturers Consider Coming Home or Stay Offshore?
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.
By Daniel Ball (pictured). Business Development Director, Wax Digital. The post It’s essential to intimately understand your suppliers – here are 5 ways to achieve this appeared first on IT Supply Chain.
There has been a lot written and spoken about supply chain operations during the coronavirus pandemic. Supply chain operations are complex — encompassing a broad array of processes and operations. The staff at Interlake Mecalux defines supply chain operations this way: “The supply chain encompasses the planning, execution, and control of all the activities related to material and information flows.
With COVID-19 disruptions, many companies are grappling with security issues and facing challenges to stay in the game. In the recent LogiSYM Digital 2020 on 25 th June, Supply Chain Security in the post COVID-19 world panel, moderator and Director at ESP Consult, Joe Lombardo, discussed the topic with invited supply chain experts –Tony Lugg, Chairman at TAPA APAC; Karmjit Singh, Chairman at CILT Singapore; Prof Dr Marco Tieman, Founder at LBB International; and Vivien Cheong, Regional Sales Man
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