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Aera Technology offers a solution they call “Aera Decision Cloud” A key challenge for manufacturers is connecting integrated business planning (IBP) – a longer term plan – to operational planning and execution – what needs to be done in the near term. IBP is a collaborative process involving diverse business functions that is designed to balance demand against supply in a manner that maximizes the goals of that company.
The global manufacturing sector has seen an upswing, a technological renaissance of sorts. Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. Breaking it down In the U.S. alone, colleges and universities awarded 83,263 bachelor’s degrees in engineering in 2012, a 37% increase over the 60,605 degrees conferred in 2002. 1 In 2018, the three engineering disciplines producing the most degrees were, mechanical enginee
Editor’s Note: The following is an excerpt of a research report published recently, “Buyer’s Remorse Survey Report.” The research, conducted by Adelante SCM and commissioned by RouteSmart Technologies, is based on a survey conducted with members of our Indago supply chain research community (who are all supply chain and logistics executives from manufacturing, retail, and.
Brad Young and Joe Lynch discuss BI and AI for logistics. Brad is a Principal at Third Axiom Solutions , a quick and cost-effective solution for delivering AI-based transportation analytics to your company and customers. About Brad Young Brad Young is a Principal at Third Axiom Solutions. Leveraging his passion for using technology and diverse transportation experience he is working to help organizations gain insight and answers to what is driving their business performance.
Digital transformation is a term that is thrown around a lot, and people have different ways to interpret what it means. Essentially, digital transformation is the integration of digital technology into all areas of a business. ARC Advisory Group, where I work, publishes an analysis of the 25 manufacturers with the most mature digital transformations.
Data out April 4 showed U.S. supply-chain activity fell to the lowest in at least 6 ½ years in March, with low transport prices for goods driving the decline in the Logistics Managers’ Index.
A Transportation Management System (TMS) is a software solution designed to help businesses manage their transportation operations efficiently. A TMS Transportation Management System can help businesses optimize their logistics processes, reduce costs, improve customer service, and gain real-time visibility into their supply chain. How Does a Transportation Management System Work?
If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line.
Businesses in the industrial metals industry must increasingly rely on digital tools such as real-time product tracking to optimize their items’ journey and to provide data to inform decisions.
“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.
According to the annual survey released by the National Retail Federation’s (NRF) and Prosper Insights & Analytics, consumers plan to spend a collective $24 billion on Easter this year, up from $20.8 billion in 2022 and the previous record high of $21.7 billion in 2020. The survey indicates that 81 percent of Americans will celebrate the holiday and spend an average of $192.01, the highest figure on record.
It’s that kind of a writing day: the blinking cursor blinks and blinks and blinks… And I’ve got nothing. [THIS PAGE INTENTIONALLY LEFT BLANK] With Passover earlier this week, Good Friday today, and Easter weekend upon us, I suspect many people are off today. Therefore, I’ll share my commentary next week. Wishing everyone a happy. Read more The post Above the Fold: Supply Chain Logistics News (April 7, 2023) appeared first on Talking Logistics with Adrian Gonzalez.
By land, by air, by sea – transit organizations know the competition is fierce for retaining customer loyalty, requiring inventory management strategies that balance consumer needs with sustainability initiatives and business goals. These companies understand that one bad experience could jeopardize future sales. Unlike other goods and services, a passenger on an airplane, cruise ship, or train cannot simply go somewhere else if you don’t have the soda or the meal that they want.
The retail sector is constantly challenged to keep its shelves full and its customers happy. Add on top of this the expectation of a healthy profit, and the ask becomes even bigger. This has become a new norm lately for retailers where they struggle with volatile supply chains, which take much longer than before. While there are many other reasons, a major reason for this is high transportation lead time.
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 today’s dynamic and unpredictable business environment, companies face various challenges such as changing consumer demands, global uncertainty, and the impact of natural and man-made events. Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments.
Sahil Gupta , Chief Product Officer at ToolsGroup, shares the most important insights and takeaways from this year’s ShopTalk conference. After four days of retail insights focused on the trends, business models, and technologies that are shaping the future of retail, ShopTalk 2023 has closed a successful and illuminating conference. offering insights spanning shopper engagement, emerging channels, store experience, technology, and organization changes, the Las Vegas-based conference welcomed th
When Russia invaded Ukraine, which is one of the world’s breadbasket countries, a bright light was shone on the global food supply chain. The Economist notes, “Vladimir Putin’s attempt at grain blackmail highlights a wider problem.”[1] That problem, according to the magazine, is men with guns. The magazine explains, “The global food supply is vulnerable to men with guns.
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.
Ivalua Spend Management Insights [ivory-search] 2023 Ivalua NOW Paris: Recap + Photos! April 6, 2023 | | Ivalua NOW 2023 Ivalua NOW Paris Day 1 + 2 Recap Paris may be the City of Lights, but Ivalua NOW was a bright beacon in its own right! With the same enthusiasm and innovation as always, we gathered together this year to explore a new frontier of possibilities in procurement.
The first quarter of 2023 is in the books. So, how are we doing overall in the supply chain and logistics industry? I guess it depends on who you ask. For shippers, the current environment from a rates and capacity standpoint is much more favorable than it has been the past two years. For carriers, Read more The post Top Talking Logistics Posts & Episodes – Plus Indago Highlights (Q1 2023) appeared first on Talking Logistics with Adrian Gonzalez.
One of the world’s largest nutrition companies and a leader in both human and animal nutrition asked Chainalytics to examine its food flavoring supply chain and identify opportunities for reducing cost, improving service, and increasing network flexibility and resilience. One subsidiary of the worldwide concern produces and distributes a variety of food flavoring ingredients for … The post Global Nutrition Company Partners With Chainalytics to Identify $20MM in Annual Supply Chain Savings
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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 Scott Opitz (pictured) Chief Technology Officer, ABBYY The post Tech Leader’s Call For AI ‘Pause’ Over Risks To Humanity appeared first on IT Supply Chain.
The Network of Life is a fast paced environment where consumer demands and the disruption of life can change within a blink of an eye. Having proper forecasting within your supply chain can help you to be antifragile and assist you in leveraging life’s disruptions. Based on data, agility, and reinventing innovation – the manufacturing and supply chain sectors need to make sure it evolves and embraces a new digital, dynamic experience that can meet and align with the changing world around u
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Those new to the parts planning game are often confused by the many variations in the names of parts. This blog points out distinctions that do or do not have operational significance for someone managing a fleet of spare parts and how those differences impact inventory planning. The post Spare Parts, Replacement Parts, Rotables, and Aftermarket Parts appeared first on Smart Software.
Practitioners in this field know that operating in a green manner will not only keep the planet sustainable, but also promote the long-term viability of the operation itself.
By Kevin Harrison (pictured) Managing Director, Good Travel Management The post New hand luggage rules from today to greatly improve experience for business travellers appeared first on IT Supply Chain.
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