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In a blog post earlier this year, we noted how since the election, more manufactures have expressed interest in reshoring and avoiding offshoring entirely. However, manufacturers are considering other ways of improving factories and supply chains as well. Across the U.S. more companies are turning toward sustainable alternatives and methodologies (like green manufacturing) in boosting competitive advantage and increasing revenue, explains Stuart Hall of Global Manufacturing.
Industrie 4.0 is an initiative for digitizing the industrial economy. The “4” refers to a fourth industrial revolution, following steam power, mass production, and then IT and robotic automation. The German government kicked off the initiative with a focus on advanced manufacturing, but businesses are also linking Industrie 4.0 to supply chains. The clearest impact on supply chain planning involves demand.
On Tuesday this week I will present the findings from the recent Supply Chain Insights study at the Penn State Forum. As I worked on my presentation, three themes emerged. 1) Opportunity. The most satisfied respondents on the survey were technologists and academics by profession, Baby-Boomers by age group, and those with the ability to work from home.
This past April 1st, it snowed over 6 inches here in Boston. It was a cruel April Fools’ joke, but not as cruel as April 1, 1997 when a blizzard dumped more than 21 inches of snow here. It was my first winter back in the Northeast after living in the desert (Tempe, AZ) for more than 5 years. Up until that day, it had been a relatively mild and snowless winter, which is why when I woke up that morning and saw my car buried beneath a mountain of snow, I had no idea how I would get it out.
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.
More companies are actively engaging with consumers in search of the ultimate omnichannel sales experience as the strength of online sales increase, reports Supply Chain Quarterly. Unlike traditional supply chains, omnichannel supply chains rely on the successful integration and application of data, process standardization and high-tech tools to ensure a seamless flow of information and products.
by Alexa Cheater The face of sales and operations planning (S&OP) is changing. Gone are the days when sequential, isolated planning and monthly meetings based on out-of-date data are sufficient to drive stability and success. End-to-end initiatives now span beyond the confines of a single company’s supply chain, encompassing extended supplier and customer value networks, as well.
by Alexa Cheater The face of sales and operations planning (S&OP) is changing. Gone are the days when sequential, isolated planning and monthly meetings based on out-of-date data are sufficient to drive stability and success. End-to-end initiatives now span beyond the confines of a single company’s supply chain, encompassing extended supplier and customer value networks, as well.
Today’s guest post comes from Lydia Bals, who presents project PERFECT’s recent insights on competences in purchasing & supply management. Professional purchasing & supply management (PSM) forms the link between a complex network of internal and external stakeholders with increasing international dependencies and performance requirements. As part of the PERFECT project (Purchasing Education and Research for European Competence Transfer) a group of researchers conducted case study researc
One of the most popular posts I wrote last September became a reality over the weekend. Comparing the headlines (September 7, 2016 and May 12, 2017). By now, you’ve probably read the headlines, like this one from the Wall Street Journal : “Major Cyberattack Sweeps Globe, Hitting FedEx, U.K. Hospitals, Spanish Companies.” It echoes the title of my post from last September: “ The Day a Cyber Attack Brings the World’s Supply Chains to a Halt.”.
Content marketing is a form of inbound marketing in which vendors publish digital content to attract customers who are searching for products and services like theirs. If done right, it is highly effective in growing brand awareness, generating and converting leads, and driving sales and repeat business. Think content marketing isn’t for supply chain and logistics businesses?
Over the past several years I have been involved with some rather sophisticated technologies around consumer goods and retail. One of the more exciting solution areas I have worked with is Clientelling – a software application that is typically deployed by a retailer, but can also serve the supplier’s objectives as well. If you have ever walked into a store, car dealer, or service company and been approached by a sales associate holding an iPad®, you have interfaced with a Clientelling Applicati
“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.
The generation receiving the most press right now is Generation Y (aka Millennials). For the most part, millennials are digital … Continued. The post The Millennial Supply Network appeared first on Enterra Solutions.
The weather finally warmed up in Boston, although temperatures in the 90s so early in the season is not what I had hoped for. Nonetheless, I put on my cycling gear and went for a couple of rides this week as I begin turning up the training dial in preparation for our Logistics Leaders for Type 1 Diabetes Cure team ride, which is just four months away in Saratoga Springs, NY.
by Melissa Clow This blog is part of a video interview series. Check out the video below as well as links to other supply chain practitioner and Kinaxis executive interviews. The task of linking sales and operations planning systems of any company with truly global reach is difficult enough to begin with, says Lindsey Kathmann, supply chain analyst at TE Connectivity.
Speaker: Lee Andrews, Founder at LJA New Media & Tony Karrer, Founder and CTO at Aggregage
This session will walk you through how one CEO used generative AI, workflow automation, and sales personalization to transform an entire security company—then built the Zero to Strategy framework that other mid-market leaders are now using to unlock 3.5x ROI. As a business executive, you’ll learn how to assess AI opportunities in your business, drive adoption across teams, and overcome internal resource constraints—without hiring a single data scientist.
The generation receiving the most press right now is Generation Y (aka Millennials). For the most part, millennials are digital … Continued. The post The Millennial Supply Network appeared first on Enterra Solutions.
Also known as “the 80/20 rule,” the Pareto Principle states that, for many events, roughly 80% of the effects come from 20% of the causes. Management consultant Joseph M. Juran suggested the principle and named it after Italian economist Vilfredo Pareto , who noted the 80/20 connection while at the University of Lausanne in 1896, as published in his first paper, “ Cours d’économie politique.”.
Social, news, weather and events, also referred to as ‘ SNEW ,’ ‘big data’, ‘digitization,’ whatever you want to call it, it’s here and not going anywhere anytime soon. For decades, we’ve relied primarily upon a single time-series – historical sales – to predict future sales. More advanced organizations have a systemic way of accounting for a small handful of additional variables, usually internal and promotion related.
Not only do Enterprise Resource Planning suppliers offer WMS solutions, they’re pushing the envelope for functions including e-commerce, advanced analytics, prebuilt IoT applications, and global visibility and collaboration hubs.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
There has always been tension between some humans and automation. No one likes to lose their job — especially to … Continued. The post How Businesses can Foster Jobs Sustainability in the Age of Automation appeared first on Enterra Solutions.
Last week’s Ransomware attack that impacted more than 300,000 computers in 150 countries, crippling industries in Europe, Asia and South America, should have caught the attention of supply chain risk managers.
Here at JDA, we know innovation is critical to profitable growth and efficiency, which is why we invest in it to help organizations leap ahead of their competitors. We also know how important research around it, which is why we’re investing in Montreal’s academic ecosystem to further its operation research and AI for real-time decision making. IVADO , the Institute for Data Valorization, works at bringing together industrial partners and world-class academic researchers from different verticals
It goes beyond cost, traditional ERP systems are enterprise-centric, and so are fundamentally unfit for today’s fast moving, fluid and global business environment, the ideal technology is not the old enterprise system but the social network model, enter multi-enterprise business networks, the technology powering many successful digital supply chains.
Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón
Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how a composable approach helps modernize commerce stacks while maintaining control over critical systems.
The April 2017 issue of Inbound Logistics magazine is the publication’s annual technology issue and is always very much anticipated by transportation logistics and supply chain professionals for the insights it never fails to provide on all things related to logistics IT. This year, Rainer Tauchert, one of UltraShip’s implementation managers, is included in an interview in the Thought Leaders section of the magazine on the topic of automating exceptions in the freight payment proces
Every so many years, a new supply chain terminology takes the front page and dominates the conversation in magazines and conferences. In the last decade or two we’ve seen JIT (Just in Time), TQM (Total Quality Management), 6 Sigma, S&OP (Sales & Operations Planning), Lean, Agile, Demand-Driven Supply Chains…to name just a few. Often it is for good reasons that these concepts draw attention, as they have proven to provide value in certain companies or industries.
The 2017 FM Global Resilience Index is the first data-driven tool and repository that ranks the resilience of 130 countries and territories according to their enterprise resilience to disruptive events.
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.
Famously known for the barbecue, the Cowboys, and the State Fair of Texas, Dallas ranks as the ninth largest city in the United States with the Dallas-Fort Worth (DFW) metropolitan area ranking fourth. As the fourth largest concentration of Fortune 500 companies in 2016, Dallas has been among the United States’ economic growth leaders and. Read More.
Accurate demand forecasting is vital to an agile and efficient supply chain capable of responding to today’s rapidly changing markets. […]. The post The Future of Demand Planning Systems <br><h4>Move From Forecast Entry to AI-Powered Integrated Demand Management — Key for S&OP Success</h4> appeared first on o9 Solutions.
By Steve Thrift | Principal, Integrated Demand and Supply Planning | Chainalytics Part 1: The Solution Advanced Planning solution implementations represent a large investment for companies as well as a significant risk/reward proposition—we can win big or lose large. I did my first advanced planning implementation in the late 90’s and have been involved in … The post Tips for a Successful Supply Chain Planning Technology Implementation appeared first on Chainalytics.
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