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The term “supply chain” started being used in the mid-1990s as global political conditions changed in ways that encouraged international commerce. It also coincided with the growth of the Internet and telecommunications technology. Instead of the old vertically integrated business models (where one manufacturer performed most activities), international supply chains using specialized suppliers led to lower costs of production and services, improved quality, and better pricing.
Implementing a Demand Planning Transformation is rife with pitfalls. Any organisation engaging in a transformation needs to carefully plan and execute to reap the benefits of their efforts. See how, in a previous blog post on demand planning, we outlined the five steps of the demand planning process. So, is your organisation ready for change … The post Implementing a Demand Planning Transformation: Pitfalls and Complications appeared first on Chainalytics.
Matt Silver and Joe Lynch discuss the power of partnerships in the logistics and transportation space. Matt is the VP of Strategic Partnerships with Greenscreens.ai , a technology that provides predictive pricing recommendations for maximum broker margins. About Matt Silver Matt Silver is the VP of Strategic Partnerships with Greenscreens.ai. Greenscreens.ai is a dynamic pricing infrastructure for the logistics industry that optimizes and enriches historical and real-time market data to predict
If you’re a long time follower of Talking Logistics, you know that I am a huge Depeche Mode fan. (If you don’t know who Depeche Mode is, I’m sorry for your loss.) Last Friday, the band released its 15th studio album titled “Memento Mori.” I agree with many of the fans and critics: it is. Read more The post Depeche Mode and Mute: A Question of Trust appeared first on Talking Logistics with Adrian Gonzalez.
I need to clear the air. My goal is to engage the supply chain community in a no smoke and mirrors discussion. Here I am attempting to write a no holds barred post: one absent of hype with a focus on authenticity. My observation is that the supply chain community perpetuates a number of myths about planning. As discussions full of oxymorons, acronyms, and juxtapositions fill the air, I think that it is time to step back, and rethink planning based on the opportunities that new forms of analytics
I need to clear the air. My goal is to engage the supply chain community in a no smoke and mirrors discussion. Here I am attempting to write a no holds barred post: one absent of hype with a focus on authenticity. My observation is that the supply chain community perpetuates a number of myths about planning. As discussions full of oxymorons, acronyms, and juxtapositions fill the air, I think that it is time to step back, and rethink planning based on the opportunities that new forms of analytics
February 2023 saw supply chain struggles continue across Asia and Europe due to dwindling energy supplies, ongoing effects of COVID-19, high inflation, and more. This blog looks at the latest impacts of the energy crisis hitting the EU and Asia, including the industries affected, the outlook for global markets, and the overall supply chain impact. Asia Energy Crisis Currently, both China and Pakistan are suffering a major energy crunch from dwindling energy supplies and high global gas prices.
We have just released a new report, entitled Circular Supply Chain Transformation: Challenges, Opportunities, and Trade-Offs for Circular Smartphones and Computers. It highlights the importance, opportunities, and potential trade-offs associated with circular supply chains for electronic devices in a way that makes it easier for decision makers to understand and navigate the circular transformation.
Barry Conlon and Joe Lynch discuss supply chain risk management, which is exactly what Barry and his team at Overhaul provide to Fortune 100 companies across the world. Barry is the CEO and founder of Overhaul, an Austin-based company that provides intelligent, real-time supply chain visibility, risk, compliance, and insurance solutions for global shippers and logistics providers.
Author’s Note: I was asked by Transporeon (a Talking Logistics sponsor) to look at what is happening in the European transportation market and they provided me with access to their Transporeon Market Insights data for additional insights and perspective. I once again shared my commentary for this month in a brief Transporeon Journal Market Update. Read more The post Across the Pond: The European Transportation Market (March 2023) appeared first on Talking Logistics with Adrian Gonzalez.
“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.
Why are shippers interested in benchmarking and why are we hearing more about it lately? Benchmarking helps ensure they are getting the most out of their supply chain and also provides a platform for further optimization. In this article, we will discuss why benchmarking is so important, how it works, and how you can use it to maximize your efficiency when shipping goods.
The widespread supply chain disruptions that happened when the global pandemic hit in 2020 highlighted several important lessons regarding manufacturing and supply chain visibility. Companies that lacked a control tower in supply chain, manufacturing and operations found themselves unable to ascertain the full impact of the disruptions they were facing and react in a timely manner, leading to significant losses.
Peter Tirschwell and Joe Lynch discuss highlights from TPM 2023. Peter is Vice President, Journal of Commerce, 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
When I was a kid, I used to eat mayonnaise on Wonder Bread sandwiches. That’s it. Just mayonnaise, nothing else between the bread. I loved those sandwiches. I certainly enjoyed them more than ham and cheese sandwiches. Whenever we would go on school field trips, they would serve us a boxed lunch, and inside was. Read more The post Above the Fold: Supply Chain Logistics News (March 31, 2023) appeared first on Talking Logistics with Adrian Gonzalez.
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
Solvoyo’s Solution Bugaboo: something that causes fear or distress out of proportion to its importance. When it comes to running a company, when things break down executives have traditionally said “we need to improve our forecasting!” Would better forecasting accuracy be a good thing? Absolutely! Unfortunately, most companies cannot, and will never be able to, consistently rely on highly accurate forecasts.
Disrupted Logistics in Supply Chain Over the last four to five years, we have experienced disrupted logistics—broadly defined here as the interruption or complete breakdown of the supply chain functions at one or multiple levels. Going back 14 years ago, the logistics industry dramatically reduced capital expenditure in 2008 when the great recession hit.
New challenges constantly threaten retail operations and profitability in 2023. Retailers today face numerous supply chain issues. In addition, they also struggle with inflation, supply chain volatility, and labour shortages. All these recent struggles have made retailers struggle to make a reasonable profit.
Ivalua has been awarded Best Company for Global Culture, Future Outlook, and Engineering, Marketing, and Sales Departments. Redwood City, CA, March 31, 2023. Ivalua, a global leader in spend management , today announced that it has been ranked by Comparably among the top 100 companies with the best outlook , best global culture , and best departments in engineering , marketing, and sales.
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.
We have seen companies look at different ways to deliver orders to customers, and bikes have become more commonplace in busy cities for this reason. But Walmart is looking at bikes in a different way. In the spring of 2022, Walmart created a new position among the roughly 15,000 employees who work at its headquarters in Bentonville, Arkansas. The job, called director of workplace mobility, came with a very specific task: figure out how to get 10 percent of the company’s local workforce to commut
Anything can happen in your supply chain, from unpredictable demand shifts and constant supply disruptions to global economic volatility. And if you feel the pressure to prepare for whatever comes next – whether or not you know the risk or opportunity ahead – is unrelenting, you’re not alone. Although resiliency has been a top priority over the last few years, most supply chain executives are still caught off-guard by economic, climate, and geopolitical uncertainties.
Blockchain technology is revolutionizing the way businesses manage their supply chains. By providing a secure and transparent way to track products from their origin to their final destination, blockchain for supply chain can help increase efficiency, reduce costs, and improve trust between suppliers and customers. However, implementing blockchain in your business also comes with its own set of challenges.
E-invoicing Mandate | France 2024 Ivalua Spend Management Insights [ivory-search] Wake Up AP, Before it’s Too Late! E-invoicing Mandate | France 2024 March 27, 2023 | | Procurement Strategy by Steve Carter The biggest change to Accounts Payables since the introduction of double entry journals is about to hit finance departments–but are they prepared?
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.
By Dwight J. Lawrence (pictured) Content Writer The post Cybersecurity & the Internet of Things: Challenges & Solutions for a Connected World appeared first on IT Supply Chain.
The last few years have been difficult. Many organisations that survived the pandemic made use of innovative methods that enabled them to quickly analyse and react to new information. Supply chain is one of the areas that was thrown into disarray by the effects of the COVID-19 pandemic as consumer markets were battered by surges, cancellations, and surprises.
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.
Have you had a chance to check out the Incisiv 2023 Omni-Channel Experience Index report ? This new research analyzes the latest market trends and consumer preferences to help you understand which capabilities retail leaders offer today. The COVID-19 pandemic-driven digital shifts we’ve seen in the past few years are here to stay, and shoppers have come to expect seamless omni-channel experiences.
By John Hampton (pictured) Content Writer The post Different Methods Used in The Automotive Industry to Achieve Zero Waste appeared first on IT Supply Chain.
Manufacturers may not think they have much in common with the retail companies beyond producing the products that stock store shelves, but there could be a lot to learn from the latter as the manufacturing headwinds of the last few years carry into 2023. Labor shortages, inflationary pressure, recessionary risk and supply chain disruption will all persist, at least to some degree, through 2023 and we all know there’s no sure way to safeguard your operations.
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