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A quick scan of the Internet will yield a long list of “the biggest-ever supply chain disasters”. A few of the most infamous are listed below. The common thread? Each of these events was completely devastating to the company concerned. Company. Year. Problem. Impact. Nike. 1999. Poorly implemented demand planning software mis-forecasts demand for branded sneakers. $100M in lost sales and 20% drop in stock price in one year.
On August 4th, 2,750 tonnes of ammonium nitrate – equivalent to approximately 6 million pounds – that were being stored in a facility at Beirut’s port caught fire and exploded.
The ability to flex supply chain operations to manage increased demand is essential in the modern supply chain. As the demand for more e-commerce purchases grows, that volume will inevitably contribute to an increased volume of returns. However, those returns processes represent only a fraction of the full processes that remain redundant and right for.read More.
Tariffs will have a major impact on your supply chain, margins, and operations. Drawing on our work with global companies across manufacturing, automotive, pharmaceuticals, semiconductors, software, technology, financial services, and a range of service industries, we outline the key strategic and tactical actions companies are taking to navigate this period of heightened uncertainty.
In the past, when supply chains weren’t as complex as they are right now, planning your routes with spreadsheets was probably just fine. You had one or more Excel experts who built a spreadsheet and kept it up to date. But then, your expert left the company and you lose the one person who knows how to work and adjust the carefully-crafted system that plans all your operations.
One of the most difficult and expensive aspects of the supply chain is last mile and home delivery. However, from a customer experience standpoint, it is also the most memorable and possibly important. Home delivery has become an increasingly hot topic as a result, and last week, I spoke on a panel about last mile logistics as part of the Reuters Events Retail Supply Chain Virtual USA conference.
Fill out the Form Below to Get a Free Copy of the White Paper to Your Inbox! How often do you really think about the strategic value of your logistics strategy? Chances are good it’s on your mind around the clock, but are your thoughts going to result in a change? Maybe not, but if.read More. The post [WHITE PAPER] Delivering on the Promise of Better Final Mile Service appeared first on Transportation Management Company | Cerasis.
The Ecommerce Lifecycle with AJ Khanijow. AJ Khanijow and Joe Lynch discuss the the ecommerce lifecycle. As the founder of an ecommerce fulfillment company, AJ works closely with ecommerce companies and is an expert in ecommerce fulfillment. About AJ Khanijow. AJ Khanijow is the founder of Fulfyld , a warehousing and fulfillment company based in Huntsville, Alabama.
The Port of Houston handles about 70% of the container cargo making land in the Gulf, so even a brief closure will have ripple effects across the spot market and supply chain for weeks to come.
Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón
Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how a composable approach helps modernize commerce stacks while maintaining control over critical systems.
Supply chain visibility is the ability to view each aspect of the supply chain in detail as moves are being planned, alerts are sent and real-time adjustments are made. Shippers with complete visibility across their supply chains are able to improve operational efficiencies, provide better customer service and leverage detailed analytics to make better informed […].
[link] Preparing for peak season 2020 should be no different than any prior year. However, 2020 has been extremely eventful and wrought with risk in the supply chain. With peak season approaching, shippers may simply be worried about what steps to take. Fortunately, following these five steps can help you create, refine, and execute a.read More. The post 5 Steps to Start Planning Your Peak Season Shipping Strategy | Fast Freight Five VIDEO appeared first on Transportation Management Company | Ce
On this Friday morning, our thoughts and prayers are with everyone impacted by Hurricane Laura. Our friends at the American Logistics Aid Network (ALAN) are tracking the situation and stand ready to help as needs arise. I encourage you to check their website for the latest updates and needs; you can also make a donation. Read more Above the Fold: Supply Chain Logistics News (August 28, 2020).
As COVID-19 accelerates the rise of online sales, the specialized role of e-commerce packaging becomes harder than ever to ignore. Beyond presenting your product to the consumer, e-commerce packaging has an even more important job – protecting the product from the hazards of its journey. Did you know that the e-commerce journey has triple the … The post Test E-Commerce Packaging to Mitigate Shipping Hazards appeared first on Chainalytics.
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 need to better understand the effect of peak season on supply chain processes and technology remains paramount for freight management parties and resellers. As the world prepares for the upcoming peak season, uncertainty remains the one constant. Furthermore, supply chain and logistics providers around the globe are gearing up for an unprecedented strain on.read More.
Understanding the Total Cost to Serve our customers is an essential element to any Route to Market (RtM) Strategy. As FMCG professionals, we need to understand how much it costs us to service our customers. It is also not as simple as it sounds.
By Adrian Gonzalez. PINC and project44 announced a partnership this week that “aims to empower industry-leading shippers and carriers with end to end real-time shipment visibility and yard management automation capabilities for an enhanced supply chain experience.” Here’s more from the press release: Distribution centers, warehouses, and manufacturing plants are looking to improve gate velocity, optimize driver turnaround times, and reduce costs while becoming Shippers-of-Choice. project44’s s
The supply chain is the world’s most complex logistics challenge, where efficiency and accuracy are critically important to ensure goods are accessible to consumers when needed. Enterprise Resource Planning (ERP) systems play a key role for wholesale distribution companies in this process, serving (among other things) as the inventory management software that attempts to ensure that the right products are available in the right quantities at the right time and place.
Digitalisation is an often misused and misunderstood word. What does digitalisation mean for the Supply Chain industry in the context of Singapore? How do we leverage this to maintain our place as a global Supply Chain Hub? What can companies do to stay relevant? Details. Date: 8 October, 2020. Time: 12pm SGT. Click here to register. Panelists. Our expert panelists that will be featured in this webinar are: Joe Lombardo.
By Lee Metters (pictured). Group Business Development Director, Domino Printing Sciences. The post Brand Innovation Drives Consumer Engagement appeared first on IT Supply Chain.
The world’s number one enterprise yard management system and the leader in supply chain visibility combine forces to provide highly efficient automation and real-time visibility to manage in-transit and on-site shipments. UNION CITY, Calif. – Aug. 25, 2020 — PINC , the number one digital yard™ management solution provider, today announced a partnership with project44 ®, the global leader in supply chain visibility for shippers and logistics service providers.
2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.
Accelerate Digitisation in the Supply Chain Download the latest LogiSYM Supply Chain Magazine. In this edition we have several news updates, interesting & enlightening articles and contributions on people & management – topics which are most crucial to the development of the Supply Chain Industry across regions as well as globally. Download the latest LogiSYM Supply Chain Magazine now!
The retail sector has been especially hard hit by the coronavirus pandemic. The closure of physical stores has forced numerous retailers to file for bankruptcy and accelerated the so-called Retail Apocalypse. The big question is how retail will recover once the pandemic ends. The fact of the matter is that the future of retail will be determined by consumer behavior.
By Thomas Leeson (pictured). Industry Marketing Strategist at OpenText. The post Why the pandemic will prove to be the UK’s largest supply chain resilience experiment to date appeared first on IT Supply Chain.
If you’ve been paying higher and higher driver detention fees lately, you’re not alone. According to a new report from C.H. Robinson and Iowa State University, favored shippers are receiving better pricing and service. Those that don’t fall into the “shipper of choice” category are bearing the brunt of the driver detention and related fees. In Do Favored Shippers Really Receive Better Pricing and Service ?
Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.
When you go live with a best of breed WMS, you will find your business making gains in multiple areas, which is exactly why you have chosen this solution! With more efficient processes you will soon see a positive impact on your operations and then supply chain, both immediately AND down the line. but when?
One of the great fears many people have is that artificial intelligence (AI) systems, like Skynet in Terminator movies, will wage war and eventually turn weapons on all of humankind deeming humanity a threat its own survival. Although a true artificial general intelligence (AGI) system — that is, a sentient AI system — has yet to be created, AI is being pursued for military purposes and that cat isn’t going back into the bag.
By Nick Sacke (pictured). Head of IoT & Products at Comms365. The post Creating a Smart Warehouse with Enhanced Internet Connectivity appeared first on IT Supply Chain.
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