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In today’s society, technology has been changing at an unprecedented pace. When you consider that Apple introduced its iPad in the year 2010, and now tablet sales are about to overtake the combined sales of desktops and laptops, it becomes apparent. Consider Facebook that was launched out of a dorm room in college and now boasts over a billion users.
More than 14 years ago, when I was still a relatively new supply chain analyst, I attended the CSCMP Annual Conference, and I still remember these words delivered by Michael Eskew, former Chairman and CEO of UPS, in his keynote presentation: “We’re seeing a dynamic shift in the relationship between business plans and logistics, a shift from the perception of our industry as a back-end process to a front-end strategy that informs and supports the entire business plan.
Why Tech Giants Are Focusing on Trucks and Ships. By Zvi Schreiber, CEO of Freightos. Business Insider’s scoop on Amazon creating an Uber for Trucking app isn’t a surprise. LogTech venture capital investments have been growing rapidly these past years, as recently reported by CB Insights. What’s more, Alibaba founder Jack Ma announced earlier this year that the Chinese giant would invest nearly $16 billion dollars in logistics over the 5 to 8 years, while a Chinese logistics provider in which it
Editor's Note: This is the third in a three part series on advanced demand analytics to improve demand forecasting. Part One of the series, on New Product Introduction (NPI), can be found here. Part Two of the series, on Using Weather and Climate Data to Improve Forecasting , can be found here. When you hear the phrase “I heard it through the grapevine” you may think of the 1960s hit song.
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.
I’ve previously shared my thoughts on the need for a shake-up in the supply chain management realm , and my assessment of what integrated business planning really consists of. All of this begs the question: Is integrated business planning really something separate from sales and operations planning (S&OP)? Or is IBP merely the latest evolution of S&OP?
Editor's Note: Today's blog is from our friend Derrick Rehn with FusionOps who shows us how big data analytics can benefit you in your supply chain. . As big data analytics offer a sizeable competitive advantage for many industries, the drive to deliver cutting edge innovation in data analytics is ever increasing. The inevitable question that comes up often is simple – should we build on-site or utilize a cloud-based data monitoring service ?
Editor's Note: Today's blog is from our friend Derrick Rehn with FusionOps who shows us how big data analytics can benefit you in your supply chain. . As big data analytics offer a sizeable competitive advantage for many industries, the drive to deliver cutting edge innovation in data analytics is ever increasing. The inevitable question that comes up often is simple – should we build on-site or utilize a cloud-based data monitoring service ?
by Dr. Madhav Durbha Kinaxis hosted Kinexions Tokyo 2016 customer user conference event at the Canadian embassy in Tokyo. It was a stupendously successful event with many customers, prospects, and partners in attendance. The day kicked off with some very interesting and engaging presentations by Deloitte , Roland DG , Mitsubishi , and a Kinaxis keynote delivered by me.
The Chief Information Officer (CIO) and Chief Technical Officer (CTO) play a key role in sourcing new technology that can be used to develop and grow an organization's business. This includes using advanced analytics to examine data and develop future strategy based on trends and other information mined from the data. The information is invaluable, and this is the reason why it's so important that C-suite executives responsible for long-term strategy have access to these advanced tools.
Our new article, titled Accounting for External Turbulence of Logistics Organizations via Performance Measurement Systems (Supply Chain Management: An International Journal, Vol. 21, No. 6), is out now. It deals with the interface of supply chain risk management – a “hot topic” in SCM research – and performance measurement systems (PMS).
Jim Kittridge once said, “Complexity is the sand that grinds all innovation to a halt.” Supply Chain Innovation or Chaos. The post Supply Chain Innovation or Chaos? appeared first on The Network Effect.
Over the last few years I have heard a reoccurring theme from many supply chain professionals, “there is a war for talent being waged.” Nowhere is this more apparent than in the area of demand and supply chain planning. One of the key challenges facing organizations today is the changing demographic of candidates for planners. As with every generation in the workforce, companies have had to adapt and thankfully there are steps that can make your company more attractive to the best ta
What makes a holly, jolly Christmas? Giving presents, spending time with family, eating more food than is humanly possible or watching our favorite Christmas films…. For the supply chain industry, a perfect Christmas consists of precise planning and effort to guarantee everything goes to plan without any disastrous mistakes. Without this, people may not g. read more >>.
Removing the Bullwhip Effect Across the Network. alyssa. Monday 12 December 2016. Pawan Joshi, Senior Vice President, Products & Strategy, E2open. In 1961, Jay Forrester formalized the recognition of the bullwhip effect in his book titled, Industrial Dynamics. 55 years later, companies still struggle to deal with it. Increased outsourcing has further contributed to this problem resulting in a lack of visibility from shelves to suppliers and everything in between.
“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.
by Gene Tyndall, Executive Vice President, Tompkins International Digital disruption is sweeping through the business landscape. Supply chain planners need. The post Digital Disruption: Supply Chain Planning in the Digital Era appeared first on The Network Effect.
Introduction. In the last 30 years S&OP improved performance in many businesses. However, S&OP has not yet substantially delivered on its ultimate promise of enterprise wide resource management, rolling financial forecasting and strategy deployment. Whatever maturity model or consultancy support companies use, S&OP seems to get stuck. Worse, overall S&OP development and progress seems to have stalled.
How does currency demonetization affect statistical forecasting? The Government of India recently enacted the policy to demonetize Rupees 500 and 1,000 banknotes. ( ₹500 and ₹1,000 ). All bank notes of these denominations ceased to be legal tender on November 9, 2016. A Google search on this will reap rich returns; here is an article on this topic on Wikipedia.
The distribution center (DC) is a key component of the supply chain, providing organization and storage as a product moves from manufacturer to consumers. E-commerce fulfillment is a growing part of the supply chain and one of the major influences on distribution centers. With an increased demand from consumers, optimizing DCs is more important than.
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
Today we have more data than ever before on all aspects of our business and tomorrow all indications are that there will only be even more. At the same time we fortunately also now have access to more powerful and diverse tools than ever before to review, analyze and action these rising datalakes of countless zettabytes which surround us. Among these, my POV is that Cognitive or Artificial/Augmented Intelligence really stand out as the potential game changers.
Leading B2B Publication Releases Annual List of Notable Software & Technology Providers. December 15, 2016 – Fair Lawn, NJ – Extending the series of wins in 2016 both in terms of new business and industry recognition, UltraShipTMS is once again to be included in Food Logistics magazine’s list of top software and technology companies. For the 12 th consecutive year, Food Logistics surveyed software and technology companies that specialize in the unique challenges of the food and beverage sup
This is a guest blog from our friend Adam Robinson at Cerasis. In this post, Adam outlines a few important things that need to be understood about analytics in the modern supply chain in order to ensure business success.
Over the last eleven years, FusionOps has been working to help companies transform operations and optimize supply chain performance. We have a team of world-class team of data scientists, supply chain and cloud technology experts, who, together, have built the most advanced supply chain intelligence platform on the market. We are proud of everything we have achieved over the last eleven years and the work that we do for our customers.
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.
As healthcare organizations are being forced to cut costs and find ways to increase efficiency, the supply chain is one of the first areas managers will look at. It is the second largest expense for healthcare providers after labor, so for the areas subject to intense regulation and internal oversight, this expense is unavoidable. Be that as it may, when it comes to making necessary purchases, there are new ways to keep the supply chain both effective and cost effective.
By Illian Hoekstra | Manager | Chainalytics As Gartner has rightly noted, 80 percent of total supply chain costs are determined by the strategic decisions that take place up front in the supply chain network design process. So it’s no surprise that supply chain network design can significantly reduce supply chain costs and improve service … The post How Supply Chain Modeling Opens Your Eyes to Supply Chain Improvements appeared first on Chainalytics.
Removing the Bullwhip Effect Across the Network. alyssa. Monday 12 December 2016. Pawan Joshi, Senior Vice President, Products & Strategy, E2open. In 1961, Jay Forrester formalized the recognition of the bullwhip effect in his book titled, Industrial Dynamics. 55 years later, companies still struggle to deal with it. Increased outsourcing has further contributed to this problem resulting in a lack of visibility from shelves to suppliers and everything in between.
A fan of Seinfeld for many years, I find that when you talk about challenging customer satisfaction, George Constanza always pops into my head. If the show was still on the air, I suspect his gripe may be with his pharmacist, and he’s not alone. In the past few years, consumers have raged against spiking drug prices, poor automated prescription services, slow service and much more.
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.
On the third day the team visited the Lenovo “Green Data Center”, and learned of how Lenovo is working to create their “converged” network servers that are on the leading edge of being focused on sustainable high speed efficient performance. Lenovo acquired the Data Center Group from IBM and moved the entire organization to RTP in October 2014. The Personal Systems Group is headquartered in Beijing.
The strategic supply chain requires a new kind of leader; one with skills and orientations not currently found in many supply chain managers, this article describes what's needed to complete that change, and the steps to get there.
Friday in 5 – interesting news bits from around the supply chain horn, served up in one spot to keep you up to date. Only about a week remains to get your holiday shopping done. If you’re shopping online, the delivery window is closing. Here’s a quick roundup of industry news to get you through. Holiday shopping puts strain on shipping companies. Holiday shipping volumes that have blown past expectations, and United Parcel Service Inc. and FedEx Corp., are straining to keep up, delaying the deli
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