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As I participate in technology briefings with vendors, I am trying to piece together the future of supply chain management. For me it is not clear. I believe that supply chain leaders are in the middle of step change in process innovation driven by not one, but a confluence of technologies. In each briefing, presenters bandy about the word “digital” like I throw Parmesan cheese on a pizza.
by Dr. Madhav Durbha It is a great time to be a supply chain planning professional. Advances in processing power, networking, and storage aided by the enduring power of Moore’s law have opened doors for some exciting new developments in supply chain planning. Specifically for planners, the advent of real time planning , ability to process massive amounts of data, and the rise of machine intelligence are all opening up newer challenges and opportunities.
Across a wide number of industries, the way companies interact with customers has changed dramatically. There is no shortage of claims that we have now entered the age of the customer. A golden age, where customer desires dictate the actions of companies. Through the hype, there is a lot of truth to these pronouncements. Companies are now, more than ever, responsive to the needs of customers.
There is a general consensus among analysts that businesses organized around industrial age principles need to transform into digital enterprises … Continued. The post Defining the Digital Supply Chain is no Easy Task appeared first on Enterra Solutions.
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.
Timeless: not affected by the passage of time or changes in fashion. Last week I was on vacation in the Caribbean. I moved on island time. It is a slower, more relaxed pace. In the process, I thought a lot about the concept of time and how it affects our daily lives. Supply chains are anything but timeless. At a company, individuals define supply chain excellence based upon their own purview of time.
by Bill DuBois Much has changed in the world of supply chain since we published our last batch of supply chain jokes. Supply chain disruptions continue to be the norm. Cognitive computing, IoT and big data are changing the technology landscape. Shifting demographics and supply chain talent questions leave many of us in the field scratching our heads.
by Bill DuBois Much has changed in the world of supply chain since we published our last batch of supply chain jokes. Supply chain disruptions continue to be the norm. Cognitive computing, IoT and big data are changing the technology landscape. Shifting demographics and supply chain talent questions leave many of us in the field scratching our heads.
Most transportation costs in a company arise from inbound logistics cost. If other words, the costs associated with transportation of items from vendors make up the biggest portion of will transportation costs, reports Amy Roach Partridge of Inbound Logistics. Part of the problem lies in misconceptions around inbound logistics, including manual, data-intense processes and added stress.
Transportation management systems (TMS) have been around for a long time, but TMS has, historically, been down the priority list for many companies compared to other enterprise applications, such as Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM). Today, however, companies are making TMS a priority. What factors are driving this trend?
In this post I’ll examine some of the top trends and challenges that are impacting the pharmaceutical industry. In a. The post 6 Trends Shaking the Pharmaceutical Market appeared first on The Network Effect.
Have you ever had something break only to realize the fix is an obscure part? Recently, I found myself in this very situation. My 17-year old refrigerator stopped dispensing cubed ice which required me to go through the extra effort of opening the door to grab ice from the bucket. The fix was an obscure part (mainly due to the age of the refrigerator).
Modern shippers must oversee thousands of individual processes and activities. With the added pressure to lower costs to end-users, your customers, it’s no surprise that the need for increased scrutiny and cost reductions among inbound logistics partners, your vendors, has gone rogue. Some cite a lack of visibility or lack of control for reasons to not manage inbound logistics, and while proponents of “increased visibility” argue more information begets more effective inbound logistics strategy,
My garage door is crumpled. How did it happen? Rapid temperature cycling due to crazy Boston weather. Mini-earthquake right underneath garage door. Rammed by car driven by my teenage daughter (who is taking her driving test tomorrow). Aliens. You can probably guess the answer, but if you need a little hint, check out the Song of the Week below. *sigh*.
In this post I’ll examine some of the top trends and challenges that are impacting the pharmaceutical industry. In a. The post 6 Trends Shaking the Pharmaceutical Market appeared first on The Network Effect.
MHI announced during ProMat 2017 the release of the fourth in a series of MHI Annual Industry Reports developed in collaboration with Deloitte Consulting. The 2017 MHI Annual Industry Report, titled “Next-Generation Supply Chains: Digital, On-Demand and Always-On,” provides new insights into trends and technologies that are having a dramatic impact on supply chains and the people who run them.
“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.
The Challenge A leading global FMCG company undertook an aggressive supply chain improvement programme across 150 markets. The objective was 100% alignment of worldwide operational activities with company strategy and objectives. Not an insignificant task!
Shippers looking to make structural improvements within their logistics operations often immediately turn to more significant changes such as implementing new technology solutions or redesigning their distribution network in order to see the best return. While these approaches can certainly deliver a significant return on investment (ROI), other strategies that can positively impact their transportation network are often overlooked – for example, thinking more strategically about capacity.
o9 Solutions, Inc. has announced that a variety of organizations in consumer product manufacturing, industrial manufacturing and retail are using its augmented intelligence platform to transform their integrated business planning, sales & operations planning, demand planning and supply chain processes.
In order to maintain a healthy and successful supply chain, proper inventory control must be the main component of your business operations. As many companies experience ebbs and flow with material suppliers and customer demands, maintaining control of your product inventory in real time will ultimately ensure that the business decisions that your company is […].
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
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 by Jerry Turner from Elemica , the first in a 4-part series, provides insights and advice on how to organize your B2B function for success.
APICS, the premier professional association for supply chain management, and JD.com, China's largest e-commerce company by revenue, have announced a strategic agreement to establish nationwide standards for the Omni Channel Supply Chain Capability in China and to advance supply chain performance of the e-commerce industry in the region.
Hiring and retaining a skilled workforce continues to be the biggest obstacle facing supply chain professionals according to 63% of respondents to 2017 MHI Annual Industry report. This is up 58% in 2016. read more.
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.
In today’s data-driven world, we’ve become accustomed to companies predicting what we need even before we think we need them. A purchase on Amazon will immediately suggest other products that might be of interest. Similarly, Netflix can predict the type of movies that you might enjoy based on your previous TV watching habits. Companies such as Netflix and Amazon take advantage of predictive and prescriptive analytics to increase customer engagement and sales.
It is one thing to read the news to keep up with current events, but how do you know which events are relevant risks to operational performance? Are you hearing about events from other coworkers, suppliers, or even customers days after they have happened? Some events receive an immense amount of news coverage that later reveal little-to-no business impact.
Welcome to the JDA Supply Chain Nation Podcast; today’s episode is focused on Innovation. Our host, Kevin Sterneckert, is responsible for the innovation strategy across all of the industries and geographies that JDA serves. Joining Kevin is Suresh Acharya, head of JDA Labs, Glen Ceniza, Group Vice President of JDA Product Management, and Prashant Bhatia, JDA’s Vice President of Product Marketing.
(This is a guest blog post by Steve Hausman (right), president and CEO of Triumph Business Capital, DAT's exclusive provider of factoring services for carriers and brokers. He is a fourth-generation trucker, has an MBA from the University of Michigan, and has more than 30 years experience in commercial finance. He’s an IFA Certified Account Executive in Factoring, pitmaster on the Triumph barbecue team, and serves on the advisory board of the Prison Entrepreneurship Program.).
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.
In the supply chain and logistics industry, exception management is often defined as a process that’s set up to capture information that sets outside the normal parameters of doing business – exceptions to the normal flow of your supply chain, from consumer purchase to packing and shipping to delivery on a customer’s doorstep. Any interruption, […].
The S&OP pulse check is a unique survey that provides new and different types of insights for S&OP practitioners. The S&OP pulse check started in 2010 and is this year in its 6th edition. Thanks to everybody who has made the 2017 S&OP survey possible. Key insights this year are: People & Culture. Effective S&OP processes see more positive cultural change.
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