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We get lots of questions about Key Performance Indicators. Which Supply Chain KPIs? How many Supply Chain KPIs? Here are 5 key tips for your KPIs. Related articles on this topic have appeared throughout our website, check them out: 3 Practical Metrics for Supplier Performance Evaluation. KPIs for Your Warehouse: How to Choose and Use Them. KPI Key Performance Indicators in Supply Chain & Logistics.
Kevin O’Meara, Vice President, Integrated Supply Chain at Shaw Industries, posted the following question on Twitter last Friday: “Have the billions of dollars invested in supply chain technology really made a significant difference in the outcomes? We have spent the money and we see unprecedented delays, shortages, and disruptions. [For example], we have no lack.
The pandemic was an eye-opener for supply chain professionals. Despite all the bad press the supply chain has received, supply chain managers should be lauded for their ability to think on their feet. Supply chain journalists Edwin Lopez ( @EdwinWrites ) and Shefali Kapadia ( @skapadiaDC ) explain, “If there’s one thing the past two years have shown, it’s that supply chain managers are creative under pressure.
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.
As a pioneer in warehouse technology and the development of solutions that empower warehouse workers, Lucas Systems recently commissioned a research study and developed the first Voice of the Warehouse Worker Insights. The goal was to capture the warehouse workers voice in terms of what they currently see, what they feel and believe, what they fear, and finally what they hope for.
Transportation route optimization is not for the easily discouraged. The process is monumentally complex. A sufficiently detailed model can tax even the most advanced software and hardware combinations. And, of course, the larger the network, the more variables you need to account for. Transportation delivery routing could be the ultimate head-scratcher Optimizing transportation routes (i.e., … The post Transportation Route Optimization: </br>One Tough Nut to Crack appeared first
Transportation route optimization is not for the easily discouraged. The process is monumentally complex. A sufficiently detailed model can tax even the most advanced software and hardware combinations. And, of course, the larger the network, the more variables you need to account for. Transportation delivery routing could be the ultimate head-scratcher Optimizing transportation routes (i.e., … The post Transportation Route Optimization: </br>One Tough Nut to Crack appeared first
Sreenivas Vemulapalli and Joe Lynch discuss how to streamline your logistics operations. Sreeni is Associate Vice President at Emtec Digital , a global technology services company that provides digital software engineering and transformation solutions to clients across multiple industries. About Sreenivas (Sreeni) Vemulapalli. Sreenivas (Sreeni) Vemulapalli is Associate Vice President at Emtec Digital, a global technology services company providing digital software engineering and transformation
Competing for the eCommerce supply chain with supply chain modeling software. eCommerce — the Disruptor. eCommerce and its progeny, omni-channel, have both cleansed and complicated the supply chain world: cleansed in that inefficient operators and operations have been eliminated through the reduction of barriers to competition; complicated in that the survivors are in a constant state of evolution.
Just when brick-and-mortar retailers thought the so-called “retail apocalypse” was ending, supply chain woes and rising inflation reined in their optimism. There had been good reasons to be optimistic. During the height of the pandemic, dire predictions about retail’s future insisted the rise in e-commerce signaled a permanent change in consumer behavior away from in-store shopping.
In May, I attended the Kinaxis Kinexions event in San Diego, CA. At the conference, I was fortunate to see a presentation from Brent Wilson, Senior Vice President of Global Supply Chain at Qualcomm. I was also able to interview Brent after his session to get a little more insight on how Qualcomm dealt with the Covid-19 pandemic, what it means for the semiconductor chip shortage, and where the company is going with its digital transformation strategy.
Raj Subbiah and Joe Lynch discuss understanding Uber Freight. Raj is Head of Product for Uber Freight , a logistics platform built on the power of Uber with the goal to reshape global logistics and deliver reliability, flexibility and transparency for shippers and carriers. About Raj Subbiah. Raj Subbiah is Head of Product for Uber Freight , Uber’s logistics business that seamlessly connects shippers and carriers across the US, Canada, and Europe.
Originally published in the 2022 ProcureCon Report “Transforming Procurement: Embracing Digital Innovation and Driving Sustainability” Ethical business practices and sustainability initiatives are forcing organizations to not only stand up, but to also set themselves apart from the competition by implementing ESG and CSR commitments. Sustainable and socially responsible procurement practices that cover the full spectrum can provide end-to-end visibility that facilitates monitoring an
BOSTON – (August 25, 2022) ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been named a leader in the Quadrant Solutions SPARK Matrix™ for Global Supply Chain Inventory Optimization. ToolsGroup Service Optimizer 99’s self-adaptive demand and inventory models define the optimal mix of inventory across the multi-echelon supply chain to achieve aggressive service level targets while right-sizing inventory.
On August 15 th , Walmart had a call with financial analysts to discuss their second quarter earnings. Walmart has about $1.5 billion in inventory “that if we could just wave a magic wand, we’d make it go away today,” said chief financial officer (CFO) John David Rainey. Walmart estimates that inventory is still 15% above optimal levels. “We’ve also cancelled billions of dollars in orders to help align inventory levels with expected demand.”.
“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.
Peter Tirschwell and Joe Lynch discuss the post-pandemic supply chain. Peter is Vice President in the Maritime, Trade & Supply Chain division of S&P Global , a global data, analytics and business intelligence organization serving sectors including maritime, energy, automotive, petrochemical and financial. About Peter Tirschwell. Peter Tirschwell is Vice President in the Maritime, Trade & Supply Chain division of S&P Global ;, a global data, analytics and business intelligence org
To help safeguard their supply chains against future unpredictable events, organizations can implement a master data management (MDM) strategy as a foundation for strong risk mitigation during times of crisis.
When a new communications protocol was implemented in January 1983 — called the Transfer Control Protocol/Internetwork Protocol (TCP/IP) — a new era of connectivity was born. Although computer networks existed before that date, they did not have a standard way to communicate with each other.[1] During those early years, the internet was primarily used as way for humans to connect with one another.
Solid Start to Fiscal 2023 Highlighted by Continued Strong Growth in Subscription Fees of 23% and Adjusted EBITDA Margin of 15%. ATLANTA (August 24, 2022) American Software, Inc. (NASDAQ: AMSWA) today reported preliminary financial results for the first quarter of fiscal year 2023. Key First Quarter Financial Highlights: Subscription fees were $12.1 million for the quarter ended July 31, 2022, a 23% increase compared to $9.8 million for the same period last year, and software license revenues we
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
As a Procurement Leader, carbon neutrality by 2050 should be a central focus and Dr. Natacha Tréhan’s comprehensive research offers practical tips to get you on track. First, let’s start with procurement and how it plays a significant role in reducing the carbon footprint with 3 key areas of impact: – Actions with suppliers. – Actions on the products and services purchased. – Actions on the way you buy. 1.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. It has been another exciting year for sure, with supply disruptions and issues continuing to keep Supply Chain in the headlines, impacting every aspect of our lives. The year is also marked by the end of the global Coronavirus pandemic and its restrictions, which has caused us to add content about what the future of Supply Chain could, or really should, become.
When a new communications protocol was implemented in January 1983 — called the Transfer Control Protocol/Internetwork Protocol (TCP/IP) — a new era of connectivity was born. Although computer networks existed before that date, they did not have a standard way to communicate with each other.[1] During those early years, the internet was primarily used as way for humans to connect with one another.
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.
Because global modern supply chains are incredibly complex, involving a vast network of manufacturing and logistics personnel, even simple mistakes can result in lengthy delays.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Parallel Supply Chain … A Twilight Zone Strategy? In today’s business climate, many companies are grappling with the decision of whether to manufacture their products locally or overseas. With the global pandemic changing so much in the world, that discussion around global and local manufacturing has become even more complex.
The pandemic was an eye-opener for supply chain professionals. Despite all the bad press the supply chain has received, supply chain managers should be lauded for their ability to think on their feet. Supply chain journalists Edwin Lopez ( @EdwinWrites ) and Shefali Kapadia ( @skapadiaDC ) explain, “If there’s one thing the past two years have shown, it’s that supply chain managers are creative under pressure.
By Alex MacPherson (pictured). Director of Solution Consultancy & Account Management, Manhattan Associates. The post Hyper-Personal Logistics: Omnichannel’s Balancing Act 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.
The fabricated metals industry operates with a low margin in a highly competitive market and material availability, production schedules and workforce skills must align to meet customer expectations. The consequences of global supply chain disruption, labor shortages, rising costs, regional instabilities and general uncertainty continue to challenge the fabricated metal and manufacturing industry in general.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain’s Moment of Truth Has Arrived! A solid supply chain and logistics strategy is essential for large companies. A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. These materials were then transferred to barges and rail cars for delivery, and finally to terminals where they were packaged into shipping containers for final delivery by rail.
According to analysts from the Boston Consulting Group (BCG), “It has taken 30 years since the term was coined in 1992, but big money has now moved into the metaverse — accompanied by big hype.”[1] The metaverse isn’t a single entity or thing — it’s an umbrella term. Like the universe, which is filled with separate galaxies, the metaverse also has lots of pieces.
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