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By removing bottlenecks in the supply chain, companies can reduce inventory and operating expense, while enhancing throughput and overall effectiveness.
Are you considering a career in supply chain management? Curious about the salaries to expect? Look no further! In this article, we will explore the wide range of salaries in supply chain management, from entry-level positions to executive roles for each region. Supply chain management is a rapidly growing industry. It plays a crucial role in ensuring the efficient movement of goods from production to consumption.
Since the COVID-19 pandemic and the start of the war in Ukraine, with the ensuing geopolitical tensions, the entire world seems to be balancing on the brink of chaos. Global supply chains are also pretty unbalanced due to a succession of bullwhip and domino effects. On top of this, linear supply chains need to transform into circular ecosystems because of the need for companies to become more sustainable.
5G promises high bandwidth, low latency, and massive IoT device connectivity. For industry, the ability to better connect machines, objects, and devices is what is driving excitement for this technology. Patrick Arnold, a research analyst at ARC Advisory Group, says that suppliers of industrial solutions are responding by investing in new product design and incorporating 5G into their portfolios. “5G” is the 5th generation mobile network.
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.
For supply chains, COVID-19 marked the beginning of a challenging era. Even as the immediate pandemic effects stabilized, new challenges like supply shortages, port congestions, and natural calamities emerged. Amidst this ongoing turmoil, one thing that a lot of supply chain professionals have been falling back on (with confidence!) is advanced supply chain analytics.
For supply chains, COVID-19 marked the beginning of a challenging era. Even as the immediate pandemic effects stabilized, new challenges like supply shortages, port congestions, and natural calamities emerged. Amidst this ongoing turmoil, one thing that a lot of supply chain professionals have been falling back on (with confidence!) is advanced supply chain analytics.
Warehousing services are a key component of virtually any business that handles a physical product, but it takes time and money if you choose to manage the function internally. Fortunately, outsourcing warehouse services to a Third-Party Logistics (3PL) provider can offer substantial cost-saving benefits for your company. 5 Ways a Warehousing 3PL Can Save You Money Reduce people costs Labor is one of your largest logistics expenses.
I try to post weekly on this blog. As I do, there is a guy on LinkedIn– let’s call him John– that replies to most of my posts. His comments are the same–he feels that I identify problems but do not adequately define the solutions. He wants answers. Fair enough I say… I do as well. However, getting there is not easy. When I read his comments, I feel beat up, but I try to shake it off.
Supply Chain Matters highlights added reports of headcount reductions occurring across various supply chain industry services sectors. UPS Cutting Upwards 12,000 Management Level Jobs Parcel and supply chain specialty services provider UPS announced today plans to trim upwards of 12,000 jobs in 2024 as a result of a protracted decline in business volumes along with the consideration of increased use of advanced technologies.
As regulations across the globe strengthen, the pressure to collect, report, and organize emission-related metrics has never been higher. This added responsibility for companies will have lasting effects on business operations, corporate partnerships, supply chain logistics, compliance requirements, and data integrity. Structure Your Data for Seamless Reporting Most reporting statutes already require or will require companies to provide data for their Scope 1 through 3 emissions.
There is a butterfly in my neck.It’s been keeping me up at night, feeding off me, and making me anxious. It’s the beginning of a poem, or a horror story, or perhaps a romantic comedy. I don’t know where it’s going yet, what words will come next, but that’s what makes writing so interesting, so. Read more The post Above the Fold: Supply Chain Logistics News (February 2, 2024) appeared first on Talking Logistics with Adrian Gonzalez.
Andrew Wimer and Joe Lynch discuss the blind spots of visibility. Andrew is Director, Operations – North America Activations for Descartes , a global leader in on-demand, software-as-a-service solutions for logistics businesses. About Andrew Wimer Andrew Wimer is Director, Operations – North America – Activations for Descartes , a global leader in providing on-demand, software-as-a-service solutions for logistics businesses.
On February 2, in a small town in Punxsutawney, Pennsylvania on Gobbler’s Knob, an unsuspecting furry Groundhog is plucked from a burrow to predict the weather for the rest of the winter. When the groundhog sees his shadow, the belief is that North America will experience an additional six weeks of winter. In contrast, if the groundhog does not see his shadow, the forecasts is for an early spring.
Today is Groundhog Day, a day that lets us know if we will endure six more weeks of winter or enjoy an early spring. In some sort or another, Punxsutawney Phil has been predicting the weather since 1890, and let’s just say that his record is iffy at best. During the “ceremony,” which begins well before the winter sunrise, Punxsutawney Phil emerges from his temporary home on Gobbler’s Knob, and according to the tradition, if Phil sees his shadow and returns to his hole, he has predicted six
“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.
Brian Kempisty , Frank Kenney and Joe Lynch discuss drought, drones, and delays. Brian is the Founder of Port X Logistics , a transportation company that specializes in expediting containerized cargo throughout the U.S. and Canada. Frank is the Director of Industry Solutions at Cleo , an ecosystem network that enables companies to rapidly connect with thousands of trading partners worldwide.
Optimize inventory productivity across all channels with JustEnough v2023.4 Wholesale channels are no longer a backup channel for retailers. Smart retailers are planning their wholesale channels just as strategically as they leverage storefronts and e-commerce. The challenge for retailers is that many planning tools treat wholesale as just another channel, missing the nuances that effective wholesale planning requires.
Learn the best practices for supply chain risk management in 2024 from Resilinc, the gold standard for supply chain resiliency. Out with the old and in with the new! As risk managers audit their vendors and programs at the start of the year, it’s also time to clean up old strategies and supply chain practices. What practices does your company hang on to that are old hat?
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
SIGN UP HERE A Supply Chain of the Future, Today! Integration and Automation opportunities that Supply Chain and Logistics companies and shippers can successfully implement. Synopsis: Articulating the current integration and automation landscape for Supply Chain and offering a glimpse at the possibilities when it comes to building a Supply Chain of the Future”, today.
As a Representative Vendor in the latest Gartner ® Market Guide for Distributed Order Management Systems, Blue Yonder is excited to be recognized for our Distributed Order Management system. Retailers, manufacturers and logistics providers are facing pressure from both the supply and demand sides of their businesses. As companies continue to implement omni-channel commerce, they are looking for solutions to help manage increasing supply chain costs and changing consumer expectations.
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.
Remnants of a COVID-disrupted supply chain, economic choppiness, and pressure to lower prices have backed manufacturers up against a wall, and forced them to reconsider their approach to offshoring production.
Tecsys achieves AWS Supply Chain Competency in three categories, highlighting their commitment to innovative cloud-based solutions for supply chain management. Learn more about their expertise and customer success.
By Walter Mitchell (pictured) CEO, Tai Software The post On-premise vs. Cloud-based TMS? Why Cloud-based TMS Wins Every Time appeared first on IT Supply Chain.
In India, Blue Yonder’s Corporate Social Responsibility (CSR)/BYCares team is actively engaged in community activities throughout the year. It is a very efficient and strong team that works together, sharing a common interest: work for the betterment of fellow beings. Associate Ramya Jayaram shares her experience participating in a recent tree planning activity.
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.
Held on February 5th - February 7th, 2024, at Caesars Forum, Manifest Vegas will provide unrivaled networking, learning and exploring opportunities for attendees.
Interest rates, political instability, and the potential for recession were key priorities for CFOs during 2023. One year ago, CFOs were grappling with inflation, supply chain disruption, and the need to maintain a positive cash position. This report takes a look back at how 2023 shaped up against our surveyed CFO predictions and looks forward to their priorities for 2024.
By Edward Hutchison (pictured) Managing Director of BITO Storage Systems The post Keeping the shelves supplied in 2024 appeared first on IT Supply Chain.
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