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GPS tracking devices are an invaluable tool for many businesses that ship goods. There are a number of problems that can occur when goods are in transit, making real-time visibility essential for shipping companies. However, outfitting shipments with GPS tracking to get real-time location updates can be expensive, but the industry has found a cost-effective and efficient solution through disposable GPS trackers.
BUSINESS TRANSFORMATION AND TECHNOLOGY ADOPTION. In the recent past, businesses have seen rapid changes in customer behavior and technology use as well as a rise in social media’s ability to influence buying decisions. Because customers are more demanding, organizations are now forced to produce more personalized products (made to order), rather than rely on traditional manufacturing models, where different variants are produced and then sold into the market (made to stock).
Modern shipment tracking might not seem like a big issue. It’s a simple process that simply shows the package’s last known location. In today’s world, shipment tracking sounds new and innovative, but humanity has been tracking shipments for longer than many realize. And with demand for more shipping growing across all carriers, the need for faster more accurate tracking will increase.
The future for many enterprises is a weak possibility of getting ahead as a consequence of the pandemic. Top businesses as British Airways and Tesco give the first steps to change direction to redesign their processes.
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.
Learn about: Understanding CPG data analytics The differences among observational data, activity data, and sales data Data analytics solutions for CPGs. CEOs of successful consumer packaged goods (CPG) companies know they need to make clear-cut decisions in order to be true business leaders. One poor decision can be disastrous. . As far as the CPG industry is concerned, employing a data-backed business strategy is crucial for success where there is minimal scope for wrong decisions.
Learn about: Understanding CPG data analytics The differences among observational data, activity data, and sales data Data analytics solutions for CPGs. CEOs of successful consumer packaged goods (CPG) companies know they need to make clear-cut decisions in order to be true business leaders. One poor decision can be disastrous. . As far as the CPG industry is concerned, employing a data-backed business strategy is crucial for success where there is minimal scope for wrong decisions.
For retailers who are still not prepared for the rapid omnichannel switch, now is the time to take action. Retailers will have to redesign their supply chains.
On Thursday morning, I began an engagement with a food manufacturer attempting to drive “Supply Chain 2.0. ” When I asked for a definition, the phone was silent. The answer was not clear to them. (They wished that I had not answered the question… ) So, I want to give you a helping hand. My observation? Most companies have a hairy, audacious goal, but have failed to give it definition.
New product introductions (NPI) are critical to any company’s success, but many of them never become household names. In fact, it’s estimated that up to 80 percent of new product launches in the consumer packaged goods (CPG) industry fail. Adding to this already uphill battle, we don’t have trustworthy new product forecasting methods because forecasting new products with no sales data is very hit-and-miss.
When it comes to TMS and digital freight, there is a lot of interest. More and more TMS suppliers are integrating digital marketplaces into their core TMS offering. As the supply chain world continues down its digital transformation path, digital brokers can play an integral role in easing capacity constraints, opening up new lanes, and providing a benchmarking tool for shippers.
Delivery man carrying cardboard boxes and loading them in a mini van. In my previous blog post , I talked about the factors that make last mile logistics one of the most complex and expensive parts of the supply chain. I also looked at DELMIA Quintiq Logistics Planner for the Last Mile , an out-of-the-box solution to optimize last mile planning. In this blog post, you’ll find out how this solution is uniquely suited to help meet your consumer expectations in a cost-efficient way.
The first half of 2020 is over. But keep your seatbelts tightly fastened because the second half of the year could be just as unpredictable. Not surprising, six of the top ten posts we published in the first half of 2020 were related to the COVID-19 pandemic (see below). Nothing has impacted global supply chains, Read more Top Talking Logistics Posts & Episodes – Plus Indago Highlights (1H 2020).
The healthcare provider world is facing tremendous strain as a result of the pandemic. I have some real context of this, living in NYC and having a family member that works at a hospital. While it is a difficult time, you have to also applaud the heroic efforts of this industry as a whole. On the flip side, the pandemic has highlighted the long standing need for digital transformation within healthcare.
“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.
Supply chain modeling is essential to substantiated resiliency analysis and to the planning of risk responses. A supply chain model is the digital representation of the structure, product flows and policies of a physical supply chain. It is created by transforming data into predetermined structures, so that such data templates can be used in conjunction with mathematical algorithms, to determine improved future state structures, product flows and policies.
Fill out the Form Below to Get a Free Copy of the White Paper to Your Inbox! The state of last mile logistics remains in turmoil. There are plenty of opportunities for advancement, and the demand for a better last mile experience is equal across both business-to-business (B2B) and direct-to-consumer (D2C) logistics. Unfortunately, final mile.read More.
Over the past couple of months, most supply chains have weathered an unexpected storm. Rules and regulations are updated frequently in order for manufacturers, retailers and distributors to continue delivering. There’s no doubt that supply chains are feeling strained as they continue to adapt to these circumstances while operating efficiently and cost-effectively.
Since tomorrow we will be observing Independence Day, here is the supply chain and logistics news that caught my attention this week: U.S. Treasury to acquire 30 percent of [YRC Worldwide] in exchange for $700 million loan (Washington Post) USMCA Takes Effect but North American Trade Tensions Remain (WSJ – sub. req’d) FedEx Jumps Most. Read more Above the Fold: Supply Chain Logistics News (July 2, 2020).
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
Establishing clear channels for the routing of reverse logistics represents a significant challenge in the modern supply-chain. Organizations that successfully target reverse logistics challenges can streamline the returns management process and lower total freight spend. As a result, supply chain executives need to understand the top challenges in the reverse supply chain and their role.read More.
Norrman & Jansson’s (2004) case study on Ericsson’s supply chain risk management (SCRM) practices is definitely part of the canon of SCM literature. After 15 years, it was time for an update. Together with Andreas Norrman, I visited Ericsson in Stockholm to investigate their SCRM practices. The results can now be found in our new article, The Development of Supply Chain Risk Management over Time: Revisiting Ericsson.
American Independence Day is a holiday most commonly celebrated with hotdogs, hamburgers, refreshing beverages and festive fireworks. Enthusiasm for the 4th of July isn’t hard to find in the U.S. – celebrations of all sizes take place at homes throughout the country! Though this year may look a little different due to the pandemic, Americans […].
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.
Expect the unexpected. This is the new mantra of food and beverage (F&B) manufacturers. It pertains to all areas and aspects of the business, but it absolutely should not refer to the ERP solution. The ERP system is the backbone of a manufacturer, especially for food and beverage companies, and an ERP should provide nothing less than reliability, dependability and adaptability in today’s world.
The current COVID-19 pandemic is creating many supply chain challenges for companies and organizations around the world, but it’s also serving as a catalyst for change and innovation. What supply chain capabilities will separate the leaders from the laggards, not only in response to this current crisis, but in their ability to succeed in the. Read more [Video] Making A Difference: Feeding America & Transplace.
Managing the Coronavirus Risk to the Supply Chain A year ago, who could have predicted that every business would be affected by a novel coronavirus (COVID-19)? Unfortunately, we’ve all learned the truth of the matter. In the months since the disease was first classified as a pandemic, no industry in the country has been spared.
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.
The latest data shows New Zealand’s manufacturers appearing to shrug off the ‘80% economy’, reaching pre-Covid levels of activity at the end of June. The average number of Purchase Orders, Sales Orders and product assemblies processed all reached or exceeded levels not seen since February this year, when disruptions were largely limited to companies with supply chain exposure to the Wuhan region in China.
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