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Are industrial manufacturers seizing all the opportunities of a more digital world? Possibly not. A recent article suggests that, by 2018, only 30 percent of manufacturers investing in digital transformation will be able to maximize the outcome. The remaining 70 percent are hindered by outdated business models and technology. This is concerning. The speed of business is fast and companies that aren’t successful in adopting, implementing, and optimizing new technologies run the risk of being left
by Alexa Cheater From designing, sourcing and manufacturing, to distribution and consumption, your supply chain is at the heart of your customer satisfaction levels. It has become a competitive weapon that could help you win the consumerism war. But the sheer complexity of supply chain networks, and the impact design decisions have on operational performance, makes supply chain inventory management aligning inventory investments with on-time customer delivery and margins a major challenge.
Our hearts and prayers go out to the people of London following this week’s terrorist attack. So sad, so senseless. May the days ahead be filled with peace and healing, for all the injured and mourning, and for all of us. Moving on to this week’s supply chain and logistics news… Walmart Secures Patent for Drones to Carry Products Inside Stores (Digital Trends). eBay to Roll Out Guaranteed Delivery for 20 Million Items.
Supply chain control towers fulfill a real need. But there are many variations. Which is best? Why? Why the interest. The post The Rise of Supply Chain Control Towers appeared first on The Network Effect.
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.
The Case Centre has recently selected the winners of their 2017 Awards and Competitions. This year’s winning case in the Production and Operations Management category is closely related to supply chain management: Zara: The World’s Largest Fashion Retailer , written by Kasra Ferdows, Jose A.D. Machuca & Michael Lewis. This case is an updated version of the 15th in the ranking of top 40 overall best selling Zara case.
by Iman Niroomand Supply chain performance depends on the matching of product features with supply chain features. When a new product hits the market, the existing supply chain that is optimal for a given set of product lines will not stay optimal. Thus, a new product introduction will require a supply chain logistic network redesign. A new product introduction leads to a potential risk of reduced service performance due to ‘discontinuity’.
by Iman Niroomand Supply chain performance depends on the matching of product features with supply chain features. When a new product hits the market, the existing supply chain that is optimal for a given set of product lines will not stay optimal. Thus, a new product introduction will require a supply chain logistic network redesign. A new product introduction leads to a potential risk of reduced service performance due to ‘discontinuity’.
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. Today’s post is by Troy Ryley at Transplace where he recommends that we keep developing a North America that supports trade and builds a strong infrastructure and economy for Mexico, Canada and the U.S.
I am constantly amazed that an automotive manufacturer will design and market vehicles with top-end speeds of 180+ MPH and 0-60 speeds in the sub 4 second range. Don’t get me wrong, I own three vehicles with 5.7L Hemi engines so I love powerful vehicles. However, considering the top legal speed in most of the United States is 70 or 75 MPH and most stop and go driving takes place where speed limits are less than 45 MPH, a driver rarely gets the opportunity to experience a vehicle’s tr
MHI will preview the 2017 Annual Industry Report- Next-Generation Supply Chains: Digital, On-Demand and Always-On during the April 5 Keynote at ProMat.
by Melissa Clow This blog is part of a video interview series. Check out the video below as well as links to other supply chain practitioner and Kinaxis executive interviews. Company processes are disconnected because their supply chain planning has grown up in a siloed manner, says John Sicard, president and CEO of Kinaxis. Consequently, it’s futile to follow that model and think you can optimize the supply chain one link at a time.
But before you come to any conclusions. Try walking in my shoes. Try walking in my shoes. You’ll stumble in my footsteps. Keep the same appointments i kept. If you try walking in my shoes. If you try walking in my shoes. — Lyrics from “ Walking in My Shoes ” by Depeche Mode. Last week, BBC News published an article highlighting the poor conditions and low pay drivers who haul freight for IKEA and other retailers in Western Europe have to deal with, particularly drivers brought over f
The digital path to purchase is increasingly dominating retail sales. By that I mean consumers are increasingly using mobile devices … Continued. The post Taking Advantage of Emerging Opportunities on the Consumer’s Digital Path to Purchase appeared first on Enterra Solutions.
The supply chain planning team is an integral part of a functional supply chain execution (SCE). How an organization is structured can affect the overall supply chain process. In this week’s, Supply Chain Talk, Arkieva CEO Harpal Singh discusses how organizational supply chain planning structures can be improved. . During an orchestra performance, when things are going well, no one notices the mannerisms of the conductor; everyone seems to be captivated by the music.
Many big cities around the world have implemented environmentally sustainable programs to reduce the traffic snarls that add cost to urban supply chains. Can the expertise they have gained in introducing these solutions be transferred to other traffic-choked cities? A European project called SOLUTIONS developed a framework for such an exchange of expertise.
“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.
One of my supply chain and logistics predictions for 2017 was that software vendors and third-party logistics providers (3PLs) would embrace Simplicity-as-a-Service as a new value proposition for customers. Here’s how I define Simplicity-as-a-Service: Simplicity-as-a-Service is enabling customers to achieve their desired outcomes in an ever-changing business environment with less time, effort, cost, risk, and resources.
Mars, Nestlé, Mondelēz and Hershey and others have committed to working together to end deforestation and forest degradation in the cocoa supply chain, with an initial focus on Ghana and Côte d’Ivoire. read more.
How do you get the sense of what works for demand planning? While making a good sauce often does not require as much precision as baking does, it requires a general sense of measurement. Good chefs are often able to whip out soups and sauces without measuring every ingredient accurately. They start to get a sense of what works. [Related Webinar: How to Use Predictive Analytics to Drive Sales & Delight Your Customers ] Improving Demand Planning.
Over the past few years, the retail market has evolved into a customer-centric model that is reshaping all areas of the industry. Customers are now relying on digital channels in ways that we’ve never seen before, completely changing the consumer shopping journey and making retailers rethink their plans for fulfillment and customer demands. The “always-on” consumer, who can shop 24/7, has come to expect a seamless blend between the store and digital experience.
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
Steve Banker of ARC Advisory Group recently published an article in Forbes.com on how businesses should consider getting the jump on this year’s seasonal warehouse surges by focusing on upgrading and modernizing their supply chains. And while it might seem overzealous to be talking about preparations for high season in March, when one considers that Black Friday is only 248 days away, that leaves you more than enough time to get a cloud-based warehouse management system (WMS) implemented,
It is no secret that the entire retail landscape has endured some major changes over the last few years to accommodate the rapid proliferation of e-commerce. As direct-to-consumer order fulfillment has continued to evolve and consumers have fully developed their taste and expectations for instant gratification, retailers have had to depend heavily on their logistics […].
Many big cities around the world have implemented environmentally sustainable programs to reduce the traffic snarls that add costs to urban supply chains. Can the expertise they have gained in introducing these solutions be transferred to other traffic-choked cities? A European project called SOLUTIONS developed a framework for such an exchange of expertise.
The famous saying, “I skate to where the puck is going to be, not where it has been” has become hallmark business advice in certain circles. While there’s some debate about whether this adage was coined by hockey icon Wayne Gretzky or whether it was one he picked up from his father, this advice certainly resonates with companies navigating the realities of today’s new digital world.
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.
Guest Post: Robert Garrison, President of Global at NFI When importers are booking their freight, two main concerns come to mind: cost and timeliness. With the new alliance route updates, it is a great time for shippers to reassess cost and time requirements. This year, carriers have adapted their routes to accommodate for larger vessels. Read More.
Thinking about creating a customer segmentation strategy? Here are 8 common pitfalls to avoid. Customer segmentation provides a strategic way for aligning services and profitability. For businesses looking to improve bottom line results and the cash conversion cycle, creating an effective customer segmentation process is invaluable. With that said, creating a proper customer segmentation process is one that eludes many businesses for a plethora of reasons, including inaccessibility to tools that
IDC recently evaluated prominent vendor software applications in the sales and operations planning (S&OP) marketplace. As a quantitative and qualitative assessment that assesses both current and anticipated future performance in the marketplace, IDC MarketScape: Worldwide Sales and Operations Planning evaluates the business capability and business strategy of 10 vendors that deliver notable S&OP tools.
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.
As part of the ongoing collaboration between Michigan State University’s Eli Broad College of Business and APICS Supply Chain Council, the Beyond the Horizon research project is investigating how the supply chain management discipline is evolving into the future.
One-third of all manufacturers sampled in new survey admitted to not having performed any cyber risk assessments of the industrial connected devices operating on factory floors. read more.
You can’t open a major tech news site these days without encountering the words “big data.” Tech journalists have written thousands of gigabytes about this emerging trend in IT, but what is it? More importantly, how can you leverage this fascinating technology into the world of supply chain optimization? What is Big Data? The easy question first: what is big data?
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