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From AI and Machine Learning to digital twins and more - explore key focus areas for digital transformation to consider in your supply chain planning maturity journey
Solve for demand planning confidence, despite economic uncertainty. Lurking beneath the relentless wave of supply chain disruptions are challenges managing supply and demand, as peaks and valleys in orders mean a longer shelf life for warehouse inventory. It’s a tug-of-war that can cause inventory carrying costs to soar. Now, in 2023, higher interest rates and material prices threaten to increase inventory carrying costs, adding to the pressure on both supply chain and finance leaders to protect
Despite decades of warnings by scientists, climatologists, and environmentalists, the world has routinely shrugged its shoulders at climate change. At some point, we are going to have to admit that time has run out for reversing all of the negative impacts of climate change. When that time comes (and it may already have arrived), we are going to have to turn our attention to adapting to the impacts of climate change.
Over the last thirty months, shippers and their suppliers have been through a lot. Costs spiraled out of control, while customer needs were affected by elongated transit times and deteriorating service levels. This is the first post in a three-part series. Over the next three weeks, we’re featuring Chainalytics’ and some guests’- (this week we … The post The Ocean Cargo Forecast for 2023: Switching Conditions in the New Year appeared first on Chainalytics.
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.
What is supply chain innovation? In a 2013 white paper, the MIT Center for Transportation & Logistics defined supply chain innovation as “the combining and application of a mix of inventions, existing processes, and technologies in a new way that achieves a desirable change in cost, quality, cash and/or service.” A lot has changed over. Read more The post The State of Supply Chain and Logistics Innovation appeared first on Talking Logistics with Adrian Gonzalez.
Who would have thought that measuring the performance of supply chain processes like warehousing, procurement, or logistics could be so troublesome? Well, we know a few supply chain managers who, having made some of the mistakes covered by this article, would attest to the potential for difficulty. While technically, KPI selection and use are relatively straightforward, the mistakes we’ll discuss here can lead to many problems and difficulties.
Who would have thought that measuring the performance of supply chain processes like warehousing, procurement, or logistics could be so troublesome? Well, we know a few supply chain managers who, having made some of the mistakes covered by this article, would attest to the potential for difficulty. While technically, KPI selection and use are relatively straightforward, the mistakes we’ll discuss here can lead to many problems and difficulties.
Chris Jolly and Joe Lynch discuss heavy hauling with the Freight Coach. Chris is the CEO and Founder of The Freight Coach Logistics, a full-service brokerage that specializes in heavy haul trucking. About Chris Jolly Chris Jolly is the founder of The Freight Coach and the host of Coffee w/#TheFreightCoach podcast. Chris has over 14 years of experience in transportation with the bulk of his experience in freight brokerage.
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. This article is from KNAPP and it discusses the micro-fulfillment center operations of French food retailer Intermarché. Intermarché now offers all products sold in their supermarkets in their online store as well.
Too many organisations don’t have an S&OP process when they need one. And too many don’t get the benefits they should from S&OP. Watch the video to know the most common reason why S&OP is not delivering what it should.
Ivalua Blog [ivory-search] Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike February 10, 2023 | | Procurement Strategy Mitigating EMEA Inflationary Pressures Through S2P Solutions In the EMEA region, organizations are increasingly facing an uphill battle against inflation – one that can be particularly hazardous when it comes to making procurement decisions.
I’ve been popping Tylenols like candysince Tuesday. I am the last man standingno more, after my mother, my wife and four kids,my sister and sister-in-law, my two brothers-in-law too,after 3 years being chased Covid caught up to me too. — After spending a lot of time in bed this week, I’m slowly getting back into. Read more The post Above the Fold: Supply Chain Logistics News (February 10, 2023) appeared first on Talking Logistics with Adrian Gonzalez.
Chad Schofield and Joe Lynch discuss the BoxC story. Chad is the Co-founder and Chief Digital Officer of BoxC , a logistics startup out of 500 Startups Batch 6 that simplifies the complexity of international parcel shipping by bringing together logistics and compliance resources from around the world into a single platform. About Chad Schofield Chad Schofield is currently Co-founder and Chief Digital Officer of BoxC, a logistics startup out of 500 Startups Batch 6 that simplifies the complexity
One of the first things people ask when investigating voice picking and other mobile applications for their DC is “how will the new applications work with my existing systems?” There are 3 common myths when it comes to adding new voice solutions to existing host or warehouse management systems (WMS): The Legacy Myth – You need a Tier 1 WMS to use voice-directed mobile applications so you should replace your custom-built systems or upgrade your legacy WMS package before looking at other solutions
Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. The pandemic saw incredible growth in this area and highlighted opportunities for improvement within procurement processes and procedures.
“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.
For decades, engineer-focused software has dominated the supply chain network design world as well as the optimization world in general. Originating in the 90s, these pieces of software have become increasingly powerful, but also increasingly complex and “touchy.” The requirements for excellent data, highly trained engineers, and significant time to model has become prohibitive to rapid decision-making.
Today’s fast-moving, consumer-centric world requires a supply chain that’s significantly more complex, now accounting for sustainability and resilience as well.
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
In a series of blog articles, the Product/Solutions Marketing team explores new business challenges and innovation solutions to change the game and manage disruptions. The following are the insights gained from my discussion with Puneet Saxena , who leads Blue Yonder’s High Tech and Semiconductor Industry Strategy, during a recent Blue Yonder Live and executive customer events that we prepared for jointly.
Supply chain issues have put many companies into crisis mode. Avert crises and manage your supply chain more efficiently with optimized allocation of constrained supply. It is challenging to deploy products quickly and efficiently when dealing with insufficient stock to support demand, or when a customer asks for different product compositions or assortments.
Product businesses are holding more stock than ever before, creating new cash flow problems for manufacturers. In our latest Supply Chain Roundtable, four supply chain experts share their advice on avoiding insolvency during turbulent times. Meet the experts: Lauren Du Plooy: 14+ years of accounting experience, Partner at Rae and Associates – specialists in cloud-based accounting.
The third-party logistics market is expected to experience steady growth in the near future, as companies continue to realize the value of outsourcing their supply chain operations.
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.
Amazon to streamline operations after unprofitable year After reporting a $2.7 billion loss in 2022, Amazon is now focusing on streamlining operations in an attempt to recover and boost productivity.
A key factor in the success of Logility’s network optimization solution is the use of reference data. At Logility, we believe that using market reference data is more statistically sound than relying on historical data from one customer. Yes, this data is comforting in that it reconciles back to accounting numbers. However, it is misleading when you try to predict what you will spend in the next period.
Supplier relationship management falls under the larger supply chain management function your business requires to operate. Not to be confused with supplier risk management, supplier relationship management refers more to effectively managing supplier relationships to achieve better business outcomes. It’s an important area to evaluate and keep focus on to determine if suppliers are helping your business be as successful as it could be.
Supply chain partners have never had greater access to tools for data collection and analysis than they do now, but many are failing to take full advantage of these resources.
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 start of the year is busy for cybercriminals. Between Valentine’s Day and the Big Game, cybercriminals have plenty of victims to prey on and consumers have their work cut out for them in protecting themselves. We covered this topic in our recent Security BY Design Blue Yonder LIVE session. Here’s what to expect in the coming month and how you can best protect yourself.
Supply chain visibility has become a make-or-break point for industries and companies worldwide. It is seen as a potential panacea for recent issues and breakdowns.
Enhancing Ware2Go capabilities for market-leading multichannel fulfillment solution with expanded transportation options and Amazon fulfillment services. Ware2Go today announced a new strategic agreement with the leading ecommerce growth agency, Whitebox, to expand our capabilities to enable merchants of all sizes to compete and win. New and enhanced capabilities will round out our offering to enable omnichannel growth.
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