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Most retailers are facing a shrinking operating “margin for error”. So it’s not surprising that many are looking for more accurate demand forecasting and intelligent stock replenishment. In a report entitled Market Guide for Retail Forecasting and Replenishment Solutions , Gartner analyst Mike Griswold spotlights seven recent trends in this area. 1/ Multichannel retailing is requiring inventory positioning in more locations than ever before and causing retailers to focus on “bottom up” forecasti
In supply chains, omnichannel solutions are often used interchangeably with multichannel solutions. On the surface, both forms of supply chain operations seek to provide multiple sales channels to consumers. However, understanding the elements of omnichannel vs. multichannel supply chain is essential to maximizing profit margins in a tightening economy.
by Alexa Cheater. Excited for #GartnerSCC to begin! @Kinaxis #supplychain pic.twitter.com/FTLJTq2UGF. — Melissa Clow (@MelisaClow) May 23, 2017. One message came through loud and clear during Gartner’s recent Supply Chain Executive Conference ; you must ACT (aspire, challenge, transform) now if you want to have any hope in taking your supply chain profitably into the future.
The recent WannaCry cyber attack exploited a problem that exists at most companies today: the use of outdated software systems. In WannaCry’s case, hackers exploited vulnerabilities in Windows XP — an operating system still in wide use today, even though it was originally released in 2001 and Microsoft stopped supporting it in 2014. A similar problem exists with supply chain and logistics software.
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.
At Enchange, we have provided many supply chain interim managers for clients over the years. I was discussing our supply chain interim management services with a client recently and she asked whether she should be hiring interim managers or consultants.
Across the global economy, consumers are wanting more. In fact, it is not just a desire for more; it a demand. Consumer actions are shaping how shippers and carriers interact, ranging from contract negotiation to exploring new technologies. With the rise of Amazon, consumers have also been able to access an endless product array at historic, record-low shipping costs.
Across the global economy, consumers are wanting more. In fact, it is not just a desire for more; it a demand. Consumer actions are shaping how shippers and carriers interact, ranging from contract negotiation to exploring new technologies. With the rise of Amazon, consumers have also been able to access an endless product array at historic, record-low shipping costs.
The late, great ex-Beatle, George Harrison, once write a song entitled, “If You Don’t Know Where You’re Goin’, Any Road Will Take You There.” Really, George? In the often-maddening world of trade promotion, the road to real ROI is not so easily marked; and when you do get there, you may not know where you are. It’s more like Buckaroo Bonzai’s profound uttering, “No matter where you go, there you are.
As part of a natural evolution of their existing offerings, many carriers and brokers are looking to managed transportation services (MTS) to provide greater value for their customers and growth for their organization. MTS is a different business model than an asset or transactional-based business, but it’s often a natural addition to a carrier or broker’s existing network.
Gartner’s Debra Hoffman, VP and Distinguished Analyst, and Mike Burkett VP and Distinguished Analyst, took to the stage in Phoenix this week to kick off Gartner’s annual supply chain pilgrimage to the desert to an audience of 1,900 supply chain leaders. The keynote address sets the stage for Gartner’s agenda for the coming year. We’ve heard about the digital disruption, the importance of the bimodal supply chain and role of algorithmic planning.
Shippers increasingly burdened by unexpected “air taxes” levied by carriers. Everyone has had the experience of opening up a box and finding it mostly filled with bubble wrap and other packing material. Carriers hate this because eCommerce volumes are straining their capacity and having to ship air in containers wastes space and cost them money. Over the last few years, carriers have fought back with dimensional (“dim”) weight rating.
“For the last 4 years,” report PwC analysts Brian Dunch (@Brian_Dunch) and David Sapin (@drsapin), “‘Extreme Weather Events’ has ranked … Continued. The post Supply Chain Climate Change Risks Poised to Worsen appeared first on Enterra Solutions.
We all know that there are ebbs and flows in the transportation market, but one thing that always remains the same for transportation and logistics executives is their focus on managing costs and making sure they have the capacity they need, when they need it. If you view capacity assurance as a competition with other shippers, what do you need to do to make sure you come out on top?
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 ideal center of excellence not only supports internal teams at a company but advocates for customers, says Leah McGuire, director of the Kinaxis Center of Excellence. The Kinaxis COE supports project teams, consultants deploying the company’s RapidResponse tool in the field, and pre-sales teams that use demos, say
Happy clients are not always good partners. The best advice for companies looking at supply chain technology solutions is to find one that does not just acquiesce to every want, but one that looks at the bigger picture to ensure that you can succeed in the short and long-term. In this week’s ‘Supply Chain Talk,' Arkieva CEO Harpal Singh discusses what makes a good technology partnership, drawing from his years of first-hand experiences.
“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.
“For the last 4 years,” report PwC analysts Brian Dunch (@Brian_Dunch) and David Sapin (@drsapin), “‘Extreme Weather Events’ has ranked … Continued. The post Supply Chain Climate Change Risks Poised to Worsen appeared first on Enterra Solutions.
By the time you read this, I’ll be on my way to Baseball Heaven with my sons for a baseball tournament. They will play at least 8 games between the two of them over three days. For many people, including my wife and daughters, that doesn’t sound like a fun way to spend a holiday weekend, but I love baseball. Like Babe Ruth, I believe that “ baseball was, is, and always will be, to me, the best game in the world.”.
Supply chain efficiency is becoming a key operational differentiator for companies competing in a worldwide market place that is increasingly ignoring traditional borders and limitations.
Realizing Value from Order Promising. alyssa. Tuesday 23 May 2017. Sudy Bharadwaj, Senior Director, Value Engineering, E2open. Turning Your CFO into a Supply Chain Fan. Value measurement for solving supply chain problems has been a challenge in the past. However, the emergence of analytics frameworks that are tightly integrated into planning and execution platforms, and a renewed emphasis on measuring business performance has encouraged organizations to embed value realization into standard busi
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
Here’s a list of top must-see sessions at the upcoming 2017 Gartner Supply Chain Executive Conference. Visit Arkieva at Booth #712. In addition to its pristine weather, Phoenix, AZ will once again host this year’s Gartner Supply Chain Executive Conference. This 4-day event features 5 session tracks and an exhibit from Arkeiva. As a novice […] 9 Sessions You Can’t Afford to Miss at The 2017 Gartner Supply Chain Executive Conference was first posted on May 20, 2017 at 8:00 am. &#
60.8 percent of consumers have reported substantial concern about food safety. With these growing concerns and the impact of food borne illnesses, the Food and Drug Administration has established the Food Safety Modernization Act (FSMA) 1. Since signing into law in 2011, FSMA contains several rules that will be implemented over the course of many years.
Supply chains are traditionally linear, but today supply chains are transforming into dynamic, interconnected systems, these digital supply networks integrate information from many different sources to drive production and distribution, potentially altering manufacturing’s competitive landscape.
Realizing Value from Order Promising. alyssa. Tuesday 23 May 2017. Sudy Bharadwaj, Senior Director, Value Engineering, E2open. Turning Your CFO into a Supply Chain Fan. Value measurement for solving supply chain problems has been a challenge in the past. However, the emergence of analytics frameworks that are tightly integrated into planning and execution platforms, and a renewed emphasis on measuring business performance has encouraged organizations to embed value realization into standard busi
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.
UPS. Four valuable benefits of supply chain transparency. High-tech products evolve at breakneck speed, which can be a good thing for consumers who want the latest-and-greatest. But it also means products can quickly become marginalized (requiring sellers to discount them) or even obsolete. That’s why tech companies need to keep pace with their supply chains—or suffer costly mistakes. read more.
According to the Bureau of Labor Statistics, business and financial operations positions were expected to grow 8 percent through 2024. This is a clear indication that manufacturing, wholesaling, and retailing industries are growing and not disappearing. Supply chain management is a growing field because of this. Below is some pertinent information on the top 4 supply chain jobs: Buyers, Supply Chain Analysts, Logistics Managers, and Operations Managers.
Your company is choosing a new operating system to license and implement across the entire enterprise network. The CTO favors a commercial grade Microsoft operating system, but your Chief Supply Chain Officer thinks an open-source OS is a better choice. Odds are, your CEO would NEVER give final decision authority on this initiative to the CSCO. So, why do companies so often force Transportation to defer to IT when selecting supply chain logistics management software?
Here at ModusLink, we take corporate social responsibility and sustainability very seriously. Over the last few years, we’ve instituted a number of processes like our 4-D methodology for assessing new and existing supply chain operations and our sustainable packaging initiatives. These practices have not only benefited our company, but more importantly our clients whose own […].
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.
Some reasons for the increase in reshoring are: proximity to customers, government incentives, skilled workforce availability and ecosystem synergies. read more.
By Paul Swaddle, Co-Founder, Pocket App. All types of transportation services, whether trucking, public transport, aircraft, charter & shuttle bus services, railroads or shipping, and the warehouses that support them, are drowning in paperwork.
Be proactive - and significantly reduce global supply chain risks, discover the 4 steps to building a global supply chain risk management platform in a white paper from Avetta.
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