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There’s certainly a lot of data in supply chain and logistics. Some companies drown in it, while others find a way to convert data into business value. One area where data plays a critical role is in transportation procurement. How does data connect to procurement connect to profitability? That’s the key question that Jake Papa, Read more [Video] Supply Chain’s Most Profitable Four-Letter Word: Data.
A transparent digital supply chain will give you the insights you need for faster fulfillment. Key Takeaways: Same-day delivery is preferred by most consumers today, and supply chains must speed up to match that fulfillment speed. Fulfillment can be delayed anywhere in the supply chain, but if you can’t see where it’s happening, you can’t do anything to fix it.
Inflation is starting to impact the retail sector in significant ways. Some experts believe artificial intelligence (AI) capabilities will help retailers find their way through these volatile times. Even if inflation wasn’t an issue, Richard Kestenbaum ( @RKestenbaum ), Co-founder and Partner at Triangle Capital LLC, insists, “Artificial intelligence will be important at every level of retail.”[1] According to Kestenbaum, some retailers don’t understand AI’s importa
As my arms stretch forward to pull for the next lap in the summer heat, three thoughts circulate in my head. (I often write my blogs in my head as I swim. The rhythm of a lap swim helps me to think better.). During the swim, my mind races with many thoughts. Life for the supply chain leader is more complex. Shortages. Baby formula. Semiconductors. Tampons.
Its All About the Details. I am currently finishing up this year’s version of ARC Advisory Group’s annual WMS market research study. It struck me as I reviewed past growth rates how persistent WMS sales growth has been. I then questioned if there is some other factor at play in the technology’s persistent growth. I decided to take a step back and propose an organizational explanation of why I believe WMS sales growth is so persistent.
There is a rising trend towards incorporating sustainability in supply chains growth strategies, particularly as economies transition towards a post-pandemic outlook. In fact, 64% of CFOs believe that an Environmental, Social, and Governance (ESG) program can improve their company’s financial performance. Given that many supply chains are still attempting to balance costs and services in.
There is a rising trend towards incorporating sustainability in supply chains growth strategies, particularly as economies transition towards a post-pandemic outlook. In fact, 64% of CFOs believe that an Environmental, Social, and Governance (ESG) program can improve their company’s financial performance. Given that many supply chains are still attempting to balance costs and services in.
NEW Webinar: 7 Uncommon Keys to WMS Project Success. Thursday, July 21st 2022 l 11:30 AM EST. WMS projects can be challenging from start to finish. Achieving success requires process discipline and focus, and appropriate levels of effort, staffing and more. Otherwise companies face unnecessary risk, poor decision-making, delays in time to value, and – in the worst case – project failure.
While the supply chain talent wars continue, it’s incumbent upon today’s business owners to consider whether the technology they use day to day has any ‘wow’ factor. Demand parameter optimization has that ‘wow’ factor. In this post we look beyond the more conspicuous and well-documented benefits of advanced supply chain technologies, such as increased speed to market, more efficient operations, improved customer satisfaction and the ability to thrive during ec
As retailers across the U.S. struggle with disrupted supply chains and volatile economic markets, returning a profit has become more challenging. Retail executives are prioritizing investment in technology that can increase supply chain efficiency and their profits. They want technology to deliver last-mile efficiency along with a great customer experience and they want it now.
Silver bullet (noun): a simple and seemingly magical solution to a complicated problem. In my 23 years as an industry analyst, there is probably no topic that has been written about and talked about more than supply chain visibility. I’ve certainly done my fair share of commenting on the topic. For sure, we have made. Read more There’s No Supply Chain Visibility Silver Bullet.
“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.
Gordon Downes and Joe Lynch discuss the NYSHEX story. Gordon is the Co-founder and CEO at NYSHEX , a company that exists to help restore trust and reliability to global trade so everybody wins. About Gordon Downes. Prior to starting NYSHEX with the mission to enable more reliable shipping, Gordon spent 12 years with a carrier at Maersk and 3 years with a shipper at SABMiller (now ABInbev).
VF Corporation is Building a Highly Automated DC on the West Coast. Anytime you have a chance to talk to an executive vice president in charge of the global supply chain of a nearly $12 billion corporation, you know you will learn some things. Cameron Bailey, EVP of Global Supply Chain at VF Corporation, did not disappoint. Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge
‘Tis the season for graduations. My oldest daughter graduated from college last month. My youngest daughter will graduate from 8th grade this morning, which means I better get going. So, without pomp and circumstance, here’s the supply chain and logistics news that caught my attention this week: “State of Logistics Report” shows out-of-sync supply chains.
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
To date, the stampede for non-fungible tokens has largely centered on the “ownership” of images, works of art and similar kinds of digital files. So what does this latest manifestation of the virtual universe have to do with the everyday reality of supply chain management?
Break out the champagne. This Sunday is National Barcode Day. According to one website, “National Barcode Day commemorates more than 40 years of efficiency and accuracy that began on June 26, 1974, when a clerk scanned a 10-pack of Wrigley’s Juicy Fruit gum at a Marsh supermarket in Troy, OH. On that day, the barcode system invented by George Lauer, an IBM engineer, began to change the world.”[1] The truth of the matter is that the genesis of the barcode is found nearly two-dozen yea
Its All About the Details. I am currently finishing up this year’s version of ARC Advisory Group’s annual WMS market research study. It struck me as I reviewed past growth rates how persistent WMS sales growth has been. I then questioned if there is some other factor at play in the technology’s persistent growth. I decided to take a step back and propose an organizational explanation of why I believe WMS sales growth is so persistent.
Topic: Prepping for Peak: How to Level-up your CX Strategy this holiday season. Description: . The historically predictable supply chain no longer functions as it did in the past. Retailers and shippers must adapt their strategy to ensure they get the right product, to the right place at the right time to meet the high expectations of consumers/customers.
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.
Get up to speed with the newest changes and learn what it takes to enable effective, scalable supplier collaboration –including how to reduce risk, improve supply chain visibility, and build operational resilience and responsiveness. Ivalua’s latest eBook is the foundation for a smarter, more resilient supply chain. Download now and learn how to: Build a Solid Data Foundation.
Both business leaders and consumers are expressing concern, if not outright pessimism, about the future. These brooding feelings are the result of many interlocking factors that have lowered economic growth estimates and spurred inflation. One of those factors is the war in Ukraine. Agence France-Presse recently reported, “The OECD warned that the world economy will pay a ‘hefty price’ for Russia’s invasion of Ukraine as it slashed its 2022 growth forecast and projected h
The pandemic has changed the nature of global supply chains with companies seeking to source goods from multiple places in order to minimize shipment and production disruptions.
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.
As your business thrives and offers more products and services, you’ll eventually determine whether or not you’ll outsource shipping and fulfillment operations.
There are a number of things that can cause an inflationary economy. Financial writer Emma Kerr ( @emmarkerr ) explains, “Inflation is caused by factors like pressures on the supply or demand side of the economy, money supply policies and even consumer expectations.”[1] She adds, “Economists define inflation as the rate of increase in prices over a given period of time.
By Richard Agostinelli (pictured). CEO of ByBox. The post Technology for a more streamlined & sustainable supply chain appeared first on IT Supply Chain.
Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.
Contrary to general opinion, the causes of the supply chain disruptions currently being experienced worldwide were prevalent long before the Covid-19 pandemic. . The US-China trade war got the ball rolling and exposed the problem by highlighting the worldwide shortage of containers. There are many causes, for example, container ships from Asia are now too large to traverse the Panama Canal (20 years ago they were not), so they offload on the West Coast of the United States and are compelled to
Technology upgrades can provide various benefits and may be necessary to stay ahead of the competition. However, new systems and tools can also disrupt daily operations.
A shortage of popular food items from popcorn to sriracha is hitting restaurants and grocery shelves this summer, a sign that the world’s immense supply chains are still under pressure.
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