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LinkedIn published my 100th Influencer article last month. The inaugural post appeared on March 4, 2014, and was about the rising status of the supply chain profession. Reaching this milestone got me thinking about how the profession might change over the next decade. Some events and trends driving the supply chain’s standing back in 2014 remain just as influential in 2023.
The bullwhip effect occurs when small changes in demand at the consumer end of the supply chain intensify as they move up the supply chain from the retailer through to the manufacturer. For product businesses, the bullwhip effect can significantly hinder the ability to maintain optimal inventory levels – often leaving them high and dry with too much stock and not enough demand to get rid of it.
Supply management. Supply chain management. Supply chain planning. Are these terms the same? They sound similar, but do they describe similar capabilities? The answer is no. What do they have in common? Not much. When deploying enterprise decision support applications, there are many implementations and lots of hype but few clear and consistent definitions.
Logistics service providers (LSPs) face a unique challenge. In addition to the evolving customer demands within an increasingly global, networked, multi-channel supply chain, these professionals juggle a variety of clients with differing supply chain management needs. Many leading LSPs, such as DSV, CEVA, and GEODIS, have opted for a more holistic supply chain orchestration approach.
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.
Misinformation, Confusion, and Fear Mongering characterize the general state of public information about Artificial Intelligence (AI)! Between the government mindlessly trying to “slow” the growth of AI and the media trying to scare you that AI is coming for your job, the public has been totally confused. AI needs new Public Relations representation!
Misinformation, Confusion, and Fear Mongering characterize the general state of public information about Artificial Intelligence (AI)! Between the government mindlessly trying to “slow” the growth of AI and the media trying to scare you that AI is coming for your job, the public has been totally confused. AI needs new Public Relations representation!
Jagadish Turimella, chief operating officer and co-founder of GEP, offers some best practices that companies can adopt for ensuring that their supply chains are prioritizing sustainability.
Nineteen percent of responders said that they believe shifting production away from China would help supply chains while another 27% said this change could maybe alleviate supply issues.
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article is from Descartes Systems Group and looks at how companies can reduce lead times with real-time data. As so many of us were made aware since the pandemic lead times were stretched to extreme levels for many products globally.
Ryan Soskin and Joe Lynch discuss insight to action. Ryan is the Co-founder and CEO of GoodShip , an all-in-one platform for supply chain analytics, carrier management, and transportation procurement About Ryan Soskin Ryan Soskin is a 13 year logistics veteran and three time startup unicorn alum with a long history in freight tech. He began his career at Coyote Logistics and after 5.5 years and a $1.8B acquisition by UPS, Ryan left Coyote to join Convoy as an early team member.
I’ve gotten a late start to leaf raking this year. I took advantage of the unseasonably warm weather yesterday to begin the process, starting with my front lawn. I spent two hours raking and bagging leaves, but looking out the living room window this morning, you wouldn’t know it. The lawn is once again covered. Read more The post Above the Fold: Supply Chain Logistics News (November 17, 2023) appeared first on Talking Logistics with Adrian Gonzalez.
Conquer Intermittent Demand with Stochastic Replenishment Planning Industrial durables companies face the perpetual challenge of managing items with intermittent demand patterns. These items often exhibit sporadic and unpredictable fluctuations in demand, making traditional inventory management methods less effective. To tackle this issue, many industrial durable companies are turning to probabilistic replenishment planning, a data-driven approach that offers practical solutions to the unique ch
“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.
BOSTON and LONDON – November 14, 2023 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is proud to announce it has been named the technology leader in the SPARK Matrix™ analysis of Retail Forecasting and Replenishment (RF&F) by Quadrant Knowledge Solutions (QKS). The Quadrant Knowledge Solutions SPARK Matrix: Retail Forecasting & Replenishment (RF&R), Q4, 2023 includes a detailed analysis of global market dynamics, major trends, vendor lan
Jim Bierfeldt and Joe Lynch discuss what’s inside the shipper mind. Jim is the Founder and President of Logistics Marketing Advisors, a full-service marketing agency exclusively focused on helping logistics businesses drive profitable growth. About Jim Bierfeldt Jim Bierfeldt is the Founder and President of Logistics Marketing Advisors. Jim has had a 35-year career in marketing and communications, including 25+ within the logistics industry.
During 2020 and 2021, most companies were focused on managing the disruptions caused by the Covid pandemic. In 2022, having a bit more room to breathe, companies started to reflect on the lessons learned from the previous two years (e.g., we need to make our supply chains more resilient). This year, it seems like companies. Read more The post Key Takeaways from SAP Logistics Info Days 2023 appeared first on Talking Logistics with Adrian Gonzalez.
The state of the economy and the mounting push to digitize supply chain processes are driving a creative approach to maintaining the integrity of your company's item master.
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
Most, if not all, business leaders understand that the corporate landscape changed dramatically when the world entered the Digital Age and data became the lifeblood of most enterprises. Yossi Sheffi , Director of the MIT Center for Transportation & Logistics, insists, “The well-worn adage that a company’s most valuable asset is its people needs an update.
Brian Kempisty , Lauren Beagen and Joe Lynch discuss building a resilient port strategy. Brian is the Founder of Port X Logistics , a transportation company that specializes in expediting containerized cargo throughout the U.S. and Canada. Lauren is a lawyer and the Founder of Squall Strategies , a boutique maritime consulting and legal solutions company.
By Brian Martin (pictured) Head of Product Development, Innovation & Strategy at Integrity360 The post Samsung data breach appeared first on IT Supply Chain.
Differentiating Specialized Food Inventory Software: Beyond Standard Inventory Management Solutions Not all inventory management software is created equal. This guide illuminates the key differences between generic inventory solutions and specialized software tailored for the intricacies of the food industry. Discover how advanced features address specific needs like lot numbers, expiration dates, catch weight, and consumption control.
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.
Modern supply chain SLAs require a modern approach to automation, customers no longer have the patience for delivery delays, and finance departments are getting less tolerant of supply-chain slowdowns. What’s the answer? Optimize your supply-chain operations with AI.
The ERP landscape is changing. Businesses that have long relied on legacy ERP systems like Oracle E-Business Suite (EBS), JD Edwards, SAP ECC, and Microsoft AX are now navigating the complex journey towards modern, cloud-based solutions such as Oracle Fusion Cloud , SAP S/4HANA Cloud , and Microsoft Dynamics 365 (D365). The move from a legacy ERP to a cloud-based ERP system is driven by the need for landscape simplification, enhanced flexibility, and the promise of a scalable, future-proof infra
By Steve Ponting (pictured) Director, Software AG The post ONS Retail Sales Reaction: The fight for Christmas shoppers is truly underway appeared first on IT Supply Chain.
Over the last five years, B2B commerce has experienced one of the most significant inflection points in its history. Seismic shifts in buying behavior and customer expectations have fundamentally changed the rules of engagement. Omni-channel has been firmly positioned as the new industry standard, forcing wholesale distributors and manufacturers to release the brakes and embrace digital transformation to stay relevant.
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.
Bernadette Bulacan, chief evangelist with Icertis, talks about what’s needed today for companies to comply with environmental, social and governance (ESG) requirements in collaboration with their supply chain partners.
Multiple times a day across the globe, a similar conversation takes place. The subject of the conversation is one person giving a grocery list to another so they can stop at a market or store. Quite often, the person dictating the list to the other describes one or more of the products by a distinct characteristic of its packaging rather than by name.
By Charlie Huggins (pictured) Manager of the Quality Shares Portfolio at Wealth Club The post Burberry – trading conditions worsen in the second quarter appeared first on IT Supply Chain.
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