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I am writing this post from a hotel room in Chicago. My feet are swollen, and my luggage overflows with dirty laundry. I have not been home since the end of August. This week, I spoke at a University of Wisconsin event on responsiveness and ASCM on the future of supply chain planning. This speaking tour ends the first week of October. Fall is conference season, and this year, with pent-up post-pandemic energy to return to events, I hit the trail to share insights on the value of outside-in suppl
Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. AI technology is continually revolutionizing how equipment and humans operate on the manufacturing shop floor as well as improving the behind-the-scenes supply chain planning operations.
Progress has traditionally been a positive term. Ronald Reagan once said, “There are no constraints on the human mind, no walls around the human spirit, no barriers to our progress except those we ourselves erect.” Ronald Reagan was a well-known optimist; however, amid inflation, political partisanship, and geopolitics, optimists are becoming harder to find.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Logistics at Risk! Charter, Outsource, or Vertically Integrate? With over $19 Trillion in goods moving through U.S. transportation networks alone, according to the Bureau of Transportation Statistics, shippers are reevaluating their shipping strategies in dealing with large-scale shipping to take better advantage of a thriving global logistics marketplace.
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.
At the onset of the Covid-19 pandemic, supply chain disruption became a common phrase in the media. In truth, it went well beyond what was being reported in the newspapers and on TV. Supply chain disruption became a key talking point for just about everyone. As a supply chain analyst, I know that I instantly became more popular in my neighborhood as friends had lots of questions about what the next shortage would be.
In a previous article, I discussed why I believe the Inflation Reduction Act of 2022 will spark decades of innovation in the area of climate change.[1] In that article, I cited journalists Coral Davenport ( @CoralMDavenport ) and Lisa Friedman ( @LFFriedman ) who reminded us that the dangers of climate change were first brought to light during a Republican administration.
In a previous article, I discussed why I believe the Inflation Reduction Act of 2022 will spark decades of innovation in the area of climate change.[1] In that article, I cited journalists Coral Davenport ( @CoralMDavenport ) and Lisa Friedman ( @LFFriedman ) who reminded us that the dangers of climate change were first brought to light during a Republican administration.
It is widely accepted that digitization is the key to transforming all areas of the logistics industry. However, we are just at the beginning of a long journey. Recent Black Swan events have exposed vulnerabilities within some of the world’s best-run supply chains. With effective planning becoming impossible, the need for real-time visibility has become.
NTT Data and Penske Transportation Solutions present the 2023 27th Annual Third-Party Logistics Study. It’s a snapshot of a global market preparing for the future through the continual advancement of its core mission. How is the 3PL market right now? With supply chain volatility continuing over the course of the past year, shippers and 3PLs … The post Shippers and 3PLs Take Supply Chains Forward by Going Back to Basics appeared first on Chainalytics.
Ahead of the launch of HICX’s own Voice of the Supplier Survey , in which we asked 500+ large and international suppliers dealing with enterprise customers in the CPG, FMCG, Aerospace Defense and Energy sectors about their experience serving some of the biggest organizations in the world (i.e., those with a revenue of $1 billion or more), we held a webinar to find out if suppliers are being heard.
“May you live in interesting times,” widely attributed as a Chinese curse, some claim this as a blessing; whichever side you take, this is exactly what’s happening in the supply chain world since 2020, and it looks like we will be living with this blessing/curse for a while longer. Our lives became more interesting with the onset pandemic, followed by labor shortages, the Russian invasion of Ukraine, rising oil prices, and the oncoming recession.
The Green Corridor: Full Circle – The Promise and Struggles of the Circular Economy and Green Supply Chains. by Timothy Foote , Founder of Susymbio. Getting the right product to the right place at the right time in the right way! This is my mantra for building green supply chains. Whether the “product” is raw materials to your factory or it is finished “product” to your end customer – this phrase would sum up the purpose and mission of a logistician in our current millennium.
Rick Tellez and Joe Lynch discuss the KlearNow story. Rick is the Co-founder of KlearNow , a tech firm dedicated to simplifying global customs clearance and drayage functions. About Rick Tellez. Rick Tellez is the Co-founder of KlearNow, a technology start-up positioned as the go-to digital supply chain solution for businesses that trade across borders.
BOSTON (September 23, 2022) ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been named a Leader in the IDC MarketScape: Worldwide Inventory Optimization 2022 Vendor Assessment. . ToolsGroup was also named a Major Player in the IDC MarketScape: Worldwide Supply Chain Demand Planning 2022 Vendor Assessment.
Bruce Welty, Founder of the Unicorn Locus Robotics. Supply chain management is hot. Investment is flowing into supply chain companies. In 2021, more than $25 billion was invested in supply chain companies in just the first three quarters of the year. One successful private equity backed company is the unicorn Locus Robotics. Bruce Welty was one of the founders.
“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.
Green Supply Chain – Moving the Sustainable Needle. Feature Article by John Lash – Vice President Product Marketing at E2open. There has never been as much awareness and urgency, locally and globally, to drive sustainability. Climate change is now recognised as an existential crisis that is starting to affect everyone and it will only get worse unless people, business and governments truly work together to make positive change.
Jeff Tucker and Joe Lynch discuss the Breakbulk Americas conference. Jeff is the CEO of Tucker Company Worldwide , the oldest privately-held freight brokerage in North America, specializing in notoriously complicated freight, like temperature-controlled, oversized, and high-value, high-security shipments. About Jeff Tucker. As third-generation CEO of Tucker Company Worldwide, Jeff oversees sales, marketing, and the company’s industry presence.
Kuznetsova is among the supply chain leaders and executives whose accomplishments, mentorship and examples set a foundation for women in all levels of a company’s supply chain network. BOSTON — Sept. 20, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, is proud to announce that CEO Inna Kuznetsova has been selected as a recipient of the Supply & Demand Chain Executive 2022 Women in Supply Chain award.
Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Today’s article is from Ahmad Jiwani at Coupa and looks at supply chain design. How often do you revisit and update your supply chain designs? Once a year? Once every two years? If you’re like many organizations, you probably have made changes to your supply chain network in the past two years.
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
The global cold chain logistics market is likely projected to grow at a 17.9% compound annual growth rate through 2026. Cold chains are an integral part of the global supply chain and logistics networks. Everything from produce to medicines and now even the COVID-19 vaccines need cold chains to be ferried. But while every industry needs efficient cold chains, there is also a lot of pressure that these systems function optimally, keeping in mind business goals.
There are a lot of words associated with supply chain management, like agility, responsiveness, and flexibility. There’s one you don’t hear very often, but is also important: consistency, which is defined as “conformity in the application of something, typically that which is necessary for the sake of logic, accuracy, or fairness.” Why is consistency important, Read more [Video] The Unintended Consequences of Inconsistent Freight Procurement.
It’s hard to believe that Halloween is just five weeks away. And as consumers are beginning to think about their Halloween plans, retailers and manufacturers are looking much farther ahead to the holiday season. One key part of this is to determine holiday hiring (see below). Another is getting a product strategy in place. And it looks like consumers could benefit from inflationary devices this holiday season.
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.
Artificial intelligence has an important role to play in promoting sustainability across the supply chain, says Erin Halka, senior director with Blue Yonder.
There were more than 500 dignitaries in London this past Monday to attend Queen Elizabeth’s funeral. I was not among them, but as fate would have it, I was in London too. I was there for the Transporeon Summit to give a keynote presentation (I’ll share my takeaways from the event in a future post). Read more Above the Fold: Supply Chain Logistics News (September 23, 2022).
Multiple New Activations Have Been Added Such as a Mocktail Bar, a Rosé All Day Wine Bar and Bacon & Donut Bar! NEW YORK (PRWEB) SEPTEMBER 14, 2022. Manifest Vegas 2023 is doubling with 100 Sponsors now signed on. The list is impressive and the team is excited to announce new Headline and Gold sponsors such as Maersk, Ryder System, Swisslog. Since sharing the first list of 50 supporters this summer Datamatics, Envase Technologies, LOADSMITH, Mujin, MVMNT, Mastercard, Phononic, Platform Scien
Metcalfe’s law states that the value of a network is proportional to the square of the number of connected users of the system. In short, each new user does not just make the network more valuable; they make the network much, much, much more valuable. The implication is also that there are network effects – it is a winner take all environment; as one network becomes more dominant, it kills the competitors.
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.
What’s your Greatest Supply Management Challenge Today? In May 2022, Ivalua commissioned Forrester to survey over 400 procurement leaders across the globe to ask how they plan to minimize the frequency and impact of supply disruptions. Stepping out of the shadow of the past few years, procurement leaders are having to rapidly master the art of supply continuity as organizations undergo major changes that demand more agility, innovation, and collaboration to survive. .
Green Supply Chain – Moving the Sustainable Needle 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!
I recently had the opportunity to speak at the Agro&Food Security Forum in Warsaw, Poland. The event gathered government representatives of Ukraine and Poland, leading Ukrainian experts and market operators, as well as the international agricultural community. This is a new and very important platform for the global dialogue in the search for effective solutions to ensure global food security.
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