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by Bill DuBois Financial crisis. Check. Environmental catastrophes. Check. What’s next? Is this the year of political disruption? Working in supply chain is like starring in a Rocky movie. You keep getting knocked down and you have to keep getting back up. You don’t need to go back any further than a decade to understand the many challenges supply chains have endured over the years.
BASF creates chemistry. Over the last two decades the company successfully leveraged global scale to define supply chain leadership. With 12,000 supply chain employees operating in 80 countries with 2400 storage facilities, supply chain excellence and innovation are the foundation of corporate performance. The work of the BASF leadership team is a success story in managing global complexity.
Still in its infancy, the Internet of Things is already taking us in unexpected directions and into brand-new territories. Commonly referred to as Industry 4.0, the IoT is a highly collaborative, internet-driven effort to increase networking connectivity and functionality between smart devices and modern appliances of all kinds. . RFID, which usually comes in the form of a miniscule chip that utilizes radio waves in the identification and tracking of specific people, objects, tools or vehicles,
Drop shipping is becoming more and more popular among retailers as the “Amazon effect” creates intense pressure from customers for quick delivery. Retailers are willing to take the risk associated with releasing the inventory management and fulfilment process so product moves faster. However, the process involves a lot of moving pieces within the supply chain making visibility and collaboration more important than ever.
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.
by Dr. Madhav Durbha It was in 1965 that Dr. Gordon Moore made a prediction that changed the pace of tech. His prediction, popularly known as Moore’s law , was with regards to doubling of the number of transistors per square inch on an integrated circuit every 18 months or so. As a result of the innovations attributable to the endurance of Moore’s law over the last 50+ years, we have seen significant accelerations in processing power, storage, and connectivity.
About 10 years ago, I wrote my master’s thesis on scheduling steel production. In my research, I read a lot about the steel industry, particularly about steelmaking processes and optimizing steel production schedules. One of the interesting topics I read about was hot charging: Optimizing the path between steel casting and hot rolling so that the cooling of slabs between those two processes is minimized.
About 10 years ago, I wrote my master’s thesis on scheduling steel production. In my research, I read a lot about the steel industry, particularly about steelmaking processes and optimizing steel production schedules. One of the interesting topics I read about was hot charging: Optimizing the path between steel casting and hot rolling so that the cooling of slabs between those two processes is minimized.
2017 will be the year of renewed focus and interest in adopting newer transportation management systems (TMSs) to boost productivity and find the biggest cost savings among shipping transportation providers. This is the result of renewed, surging demand from consumers and greater confidence in the stability of the U.S. economy. Consequently, seven key trends will dominate the industry throughout the remainder of the year and propel TMS solutions to center stage. 7 Trends Propelling TMS Solutions
When I first started researching the transportation management systems (TMS) market more than 18 years ago, industry analysts (including me) often stated that only 33% of companies had implemented a TMS. Fast forward to today and the same statistic is still being quoted. For example, according to an article published last month by Logistics Management , “Transportation management solutions have been around for a while, but the most recent survey of Logistics Management readers shows that just 35
By Gene Tyndall, Executive Vice President, Tompkins International Editor: There are a lot of predictions floating around at this time. The post Supply Chain Predictions for 2017 appeared first on The Network Effect.
As a former Director of Supply Chain Management for a large multi-channel food manufacturer I experienced first-hand the variety of challenging problems faced by supply chain planners in the unforgiving F&B industry. Many difficult days and restless nights were spent worrying about how to overcome challenges associated with long raw material lead times, volatile commodity price fluctuations, safety and quality issues, high demand uncertainty and seasonality, high promotional activity, perish
At this year's Annual Online Retail Supply Chain Summit, held in Melbourne, Australia, River Logic's customer Shoes of Prey gave a keynote entitled "Overcoming key supply chain challenges to meet customer fulfillment.
The kids had off from school this week, so we snuck off for a few days of skiing in VT. How was the skiing? Any ski day that doesn’t end with me in the hospital is a good ski day. Yesterday was 60 degrees at the mountain; spring-like skiing conditions in February, something I had never experienced before, but apparently the warmth brings out a different kind of crowd to the slopes, like the college girl who rushed passed me on the downhill wearing just a swimsuit.
A little over a year ago, IBM CEO Ginni Rometty (@GinniRometty) declared, “It is the dawn of a new era, … Continued. The post Redesigning Work in the Cognitive Era appeared first on Enterra Solutions.
“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.
In 2016, demand for warehouse space reached a record high as shippers continued to expand their operations, or adapt to the changing e-commerce and fulfillment environment 1. In 2017, low interest rates, consumer spending and growth in e-commerce will continue the trend for a strong year in the warehousing industry. This year, the distribution industry will.
Business leaders are always looking for the next big thing. One of those things might be blockchain technology. Thomas Cherian … Continued. The post The Transformative Potential of Blockchain Technology appeared first on Enterra Solutions.
The pace of digital innovation is increasing rapidly, and it’s estimated that the new digital technologies and capabilities being developed will have as great or even greater impact on society than the Internet. Recent research published by SCM World on behalf of JDA Software Group, Inc. ( The Digital Transformation Directive ) shows that digital technologies and the potential impact on supply chain are top of mind for many in the C-suite.
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
By Jaime Reints | Director, Demand Planning Intelligence Consortium (DPIC) | Chainalytics Forecasting demand can be one of the more difficult parts of managing an effective supply chain. In fact, participants in a recent Gartner survey named forecast accuracy and demand variability as the top barriers preventing companies from reaching their broader supply chain goals. … The post A Better Way to Approach Forecast Accuracy Improvements appeared first on Chainalytics.
At first glance, supply chain metrics may seem to tell you a lot about your current supply chain operations. Look again! There might be more to the story. Between 2009 and 2010 during the economic downturn, it was difficult to make sense of the unemployment numbers. The unadjusted unemployment rate in the US was at 9.8 percent, and it was trending down.
The Internet of Things (IoT) is poised to become the largest network of networks the world has ever seen (both … Continued. The post Security Concerns Plague Internet of Things Development appeared first on Enterra Solutions.
Friday in 5 – interesting news bits from around the supply chain horn, served up in one spot to keep you up to date. Here’s a quick roundup of some industry news, including a look at how automakers are investing in autonomous cars, the types of digital technologies being used to speed up production processes, and how carriers are adapting their business models as online shopping grows in popularity. .
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.
Atlanta, GA (February 24, 2017) – Chainalytics, a global leader in supply chain consulting, analytics and market intelligence, today announced that Kerry Rosenhagen, Steve Thirft and Jonathan Whitaker have been recognized by Supply & Demand Chain Executive magazine as 2017 Pros to Know, a listing of top supply and demand chain industry professionals.
I clicked the link to the story about the advantages of cloud supply chain management solutions written by the CEO of one of the largest providers in the industry. Then I waited, and waited for the story to load. After several minutes of trying to load it (even from several different links) I gave up, unable to wait any longer for the pearls of wisdom it may have contained.
The JDA solution leverages the latest digital advanced supply chain solutions aimed at delivering the best consumer experience with a differentiated supply chain globally.
Markus Buehler, head of the Department of Civil Engineering and the McAfee Professor of Engineering at the Massachusetts Institute of Technology, will give a talk on new developments in materials science at Crossroads 2017, the supply chain industry’s leading annual forum for innovative ideas. Developments in materials technology can have a profound impact on the […].
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.
Mobile apps can help warehouses run more efficiently. Take a look around your warehouse. Do employees quickly and efficiently move products from bins to trucks to be shipped to customers? Are you able to track and trace your products efficiently and accurately through your supply chain? Are managers able to make quick, accurate decisions about how best to maximize their employees’ job skill sets and responsibilities?
Creating a Pipeline of Future Logistics Experts through Internship Programs. Finding qualified young people who are motivated to pursue a career in logistics, and who have the aptitude and mindset to excel in this global profession, is one of the most pressing problems facing logistics today. Many solutions are being pursued, but one that should not be overlooked is offering an effective internship program.
If your company is in the business of maintenance, repair, and operations, you should already be aware of the strengthening trend in service as a source of value , both in business-to-business and business-to-consumer marketplaces. Given this knowledge then, does your organisation place enough importance on the management of MRO inventory? In reality, many enterprises (even those for which MRO activities are core business functions) struggle to manage operational consumables.
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