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We live in a digital age in which data has become an important company resource. In fact, Yossi Sheffi ( @YossiSheffi ), the Elisha Gray II Professor of Engineering Systems at MIT, asserts data is a company’s most important asset. He writes, “The well-worn adage that a company’s most valuable asset is its people needs an update. Today, it’s not people but data that tops the asset value list for companies.”[1] That’s why most business consultants insist that organizations built on a f
In an effort to enhance production capabilities to keep pace with the High-Tech market demands for rapid product innovation and customized, short-run production, manufacturers are quick to adopt transformational changes and new digital solutions. However, manufacturers should not forget that their transformational changes should not only focus on new technology, but also their most important resource—their operational teams.
Ed Ryan, CEO of Descartes. The Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG) reported stellar results once again last Wednesday (December 1st). Descartes is a software-as-a-service provider of logistics solutions. In some logistics application areas, like global trade compliance , they are a market leader. In the call with financial analysts to discuss the third quarter results, Descartes’ CEO Ed Ryan spoke.
“There is no doubt that the global supply chain market is growing exponentially. The mismatch between the high demands by employers and the supply of logistics skills and knowledge is resulting in a growing gap in the logistics & supply chain market”. Talent gaps in logistics and supply chain, continues to be a top challenge and a source of high risk for many companies.
Market volatility from the ongoing labor shortage on top of increasing consumer demand, rising fuel prices, and port and terminal congestion will continue to challenge supply chains through 2022 and beyond. Given these disruptions, supply chain resiliency will be a critical factor in ensuring the success of your network. The past two years of volatility have many logistics leaders evolving from an annual Request for Proposal or freight (RFP) event to quarterly or more frequently to accommodate t
Will supply chain problems cancel Christmas this year? That’s what many recent headlines would lead you to believe. But while those headlines are mostly hyperbole, the fact is there are unprecedented supply chain challenges this year. The intricate and interconnected processes involved in global supply chain management, from the first mile at the country of.
Will supply chain problems cancel Christmas this year? That’s what many recent headlines would lead you to believe. But while those headlines are mostly hyperbole, the fact is there are unprecedented supply chain challenges this year. The intricate and interconnected processes involved in global supply chain management, from the first mile at the country of.
Cargo theft continues to be a problem, especially around the holidays. And I don’t just mean the winter holidays; cargo theft typically spikes during any holiday season where businesses may be closed for an extra day or two. But what exactly is cargo theft? I found a very detailed definition on the Texas Department of Public safety website. Cargo theft is “the criminal taking of any cargo including, but not limited to, goods, chattels, money, or baggage that constitutes, in whole or in part, a c
Getting better statistical forecasts involves choosing the right technology, applying multiple forecast optimisation techniques, and a continuous improvement approach. Has your demand planning organisation adopted these methods? This blog post is the second part of a Chainalytics’ Integrated Demand and Supply Planning practice five-part series on improving statistical forecasting.
“Data is the new oil,” stated Clive Humby, a British mathematician, in 2006. “It’s valuable, but if unrefined it cannot really be used. It has to be changed into gas, plastic, chemicals, etc. to create a valuable entity that drives profitable activity; so must data be broken down, analyzed for it to have value.” Humby’s. Read more Data is the New Oil: Competing on Logistics Data.
“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 unprecedented cargo logjams off the southern California coast wreaking havoc on supply chains show no signs of waning. Just two days before Thanksgiving, FreightWaves reported an “all-time-high 93 ships” were waiting there. Workforce shortages and other challenges abound throughout all transportation sectors, and while this may revitalize investments in localized manufacturing, expanded warehousing to hold more inventory, and other efforts, these changes do not solve today’s issues.
The advent of business networks on cloud platforms enables real-time visibility into supply chain conditions, allowing organizations to respond nimbly and add millions to their top and bottom lines.
Home Depot’s Empty Mile Solution with Eduardo Silva. Eduardo Silva and Joe Lynch discuss Home Depot’s empty mile solution. Eduardo is the Group Product Manager at Loadsmart , a digital freight brokerage that leverages cutting-edge technology and strategic partnerships to help shippers and carriers move more with less. About Eduardo. Eduardo Silva is the Group Product Manager at Loadsmart.
When you wake up on Tuesday thinking it’s Wednesday, you know you’re in for a long week. We got our first dusting of snow in Boston this week. Not enough to shovel or make snowballs…or stop delivery robots in their tracks, as happened to this poor fleet in Estonia. The morning in the Estonian capital. Read more Above the Fold: Supply Chain Logistics News (December 10, 2021).
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
Reimagining the Food Supply Chain with Eric Ristow and Luis Pajares. Eric Ristow , Luis Pajares , and Joe Lynch discuss reimagining the food supply chain. The food supply chain has many challenges including poor customer experience, disconnected cold storage networks, and a lack of system integration resulting in limited visibility. About Eric Ristow.
By Varia Makagonova (pictured). Director of Marketing at Contentstack. The post Why You Can’t Run a Modern Enterprise Without a Modern Content Management Architecture appeared first on IT Supply Chain.
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.
If the start of global COVID-19 pandemic accelerated e-commerce growth with millions of consumers purchasing products online, pandemic fatigue is now driving many consumers, at least in the U.S., back to in-person shopping. According to the Wall Street Journal , U.S. shoppers spent more time and money at physical stores over the recent Thanksgiving holiday than last year.
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On December 10th, we celebrate Ada Lovelace’s birthday. Considered the first ever computer programmer, Augusta Ada King, Countess of Lovelace (also known as Ada Lovelace) was a mathematician who wrote about how the Analytical Engine could be used to follow a program to calculate Bernoulli numbers. The Analytical Engine is considered to be the first computer, which was designed and partly built by English inventor Charles Babbage.
By Chris Butler (pictured). Lead Principal Consultant, Sungard Availability Services. The post The five most significant consequences of a cyber security breach appeared first on IT Supply Chain.
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.
“There are two big supply chain constraints right now; one induced by COVID and the other induced… The post Moving from Chokepoints to Opportunities: The Big Themes in Retail Supply Chain appeared first on Tecsys.
What better way to work off the anxieties of the pandemic than an at-home boxing workout? Yet the company that’s capitalizing on that urge has had to deal with its own set of frustrations in getting product to market.
Transportation, scheduling and on-time delivery are important for any manufacturer and inventory manager to keep manufacturing and supply chain businesses running smoothly. Unforeseen disruption can cause unexpected delays, but there are many operations in the manufacturing industry that can be streamlined through automation. Optimizing the scenarios that can be controlled, like inventory and material management in the warehouse, can help reduce delays within an organization that can contribute
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Mike Landry, senior vice president and global leader for the supply chain service line of Genpact, explains the meaning of “responsible sourcing,” and tells why it’s so crucial to global supply chain management today.
Many companies struggle to avoid overstocks while responding to variations in demand. Seasonal businesses have an especially difficult time managing demand fluctuations without overspending on inventory or causing shortages that prompt customers to look for other options. Long lead times compound these issues, especially given how difficult it is to make accurate forecasts many months.
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