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Risk permeates supply chains. The best-laid plans to avoid as many risks as possible often fall on deaf ears in supply chain management, but supply chain executives who take the time to understand the greatest threats can successfully position their companies to overcome such risks. Also, risks can range from working with entities outside of a given company, such as third-party logistics providers ( 3PLs ), to changes in the expected movements of a product, otherwise known as scope change risks.
Headwinds: A force of resistance. Tailwinds: A favorable force blowing in the same direction. When I travel from company to company and discuss the future of business processes, the term “digital” is ubiquitous. A digital fever abounds. I liken it to the ecommerce frenzy of 2001. (When an “e” proceeded every strategy.). Fear abounds.
by Joe Cannata What rapid adoption of virtual assistants means for CPG supply chains. I recall watching the original Battlestar Galactica series in the late 1970s, and there was an episode where Commander Adama was dictating his log. Before him was a computer screen recognizing his voice, taking his spoken words and translating them to perfect text for all to see.
Source: Gartner Research. The right SCP technology avoids key symptoms that reduce planner productivity, plan timeliness and plan usability. Doctors look for specific symptoms when diagnosing what’s wrong with a patient. Now with Gartner’s help, supply chain execs can do something similar with their supply chain planning (SCP) system. In a recent report ( What's Wrong With Your Supply Chain Planning Technology , 18 August 2017), Gartner analyst Tim Payne lists 12 symptoms that keep supply chain
It is easy to make analytics the cornerstone of warehouse and distribution center management. While analytics offer remarkable insights into supply chain inventory optimization, warehouse managers must still understand how the use of slotting optimization technology impacts other processes. With 7 percent of America’s gross domestic product (GDP) tied up in inventory, reports the 21 st Century Supply Chain Blog , your organization must go beyond the analytics and understand the broad impact
By now most people understand they generate data whenever they use their computer, tablet, or smartphone. They also understand companies … Continued. The post Artificial Intelligence and Targeted Marketing appeared first on Enterra Solutions.
By now most people understand they generate data whenever they use their computer, tablet, or smartphone. They also understand companies … Continued. The post Artificial Intelligence and Targeted Marketing appeared first on Enterra Solutions.
by Alexa Cheater 6 speed bumps on the road to automotive supply chain success. A trending move from regional to global supply chain processes is adding complexity to the automotive supply chain at an unprecedented level, driving a growing need for automation and collaboration. That’s revving up interest in realignment, consolidation and optimization of supply chain activities.
The meat industry and its supply chain is long and complex. As consumers, we don’t really think about where our meat comes from, nor what it takes for it to end up in aisles 3 and 4 at our local supermarket or at the counter of our favourite butcher. How often do we meander through the supermarket aisles, wrestling with a shopping trolley that has the same manoeuvrability of an inert cow, aiming to pick out our favourite cuts for dinner… only to find that the cuts we want have run out?
Editor's Note: Today's blog is from Cindy Banker with ProCorr Display and Packaging who is bringing us some great insight on how to reduce product damage. If you are a product manufacturer, you know all too well the perils of shipping products from your factory or warehouse to a DC or retailer. Packaging and product damage during shipping is extremely common.
A sense of complacency can lurk behind benchmarks. Once you hit your monthly warehouse goals, there can be a pull toward maintaining rather than gaining on your goals. Simply maintaining your goal patterns instead of gaining on your goals will keep your growth at a standstill if you don’t actively and routinely work to overcome it. As a leader, you need many tools to eliminate this mindset.
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.
by Teresa Chiykowski It’s hard to believe that Kinexions ‘17 is only a few weeks away. Time flies – just like astronaut Chris Hadfield , who will be joining us as our keynote speaker on the Kinexions mainstage in Orlando this year. For those of you who missed my last blog post , Kinexions is the premier annual event for our RapidResponse® user community, including customers and prospects.
How breaking out of the traditional enterprise paradigm can radically simplify and streamline the retail and consumer goods supply chain. The post Wanted: Leaders in the Consumer Goods Supply Chain appeared first on The Network Effect.
I have used Fisher’s (1997) supply chain–product match/mismatch framework ( What Is the Right Supply Chain for Your Product? ) in my teaching for years! Herein, the author argues that functional products require a physically efficient supply chain strategy, whereas innovative products require a market-responsive supply chain strategy. Fisher’s framework finds empirical support: Wagner et al. (2012) demonstrate that “the higher the supply chain fit, the higher the Return on Asse
Over the past few weeks, there’s been a lot of buzz and discussion about Amazon’s acquisition of Whole Foods, everything from the impact to competing grocery retailers and prices to the accelerated evolution of omni-channel distribution. I was particularly interested in this deal because the grocery industry is near and dear to my heart. My dad and uncles owned a bodega in Brooklyn, NY, where I worked many summers as a kid and teenager stocking shelves and delivering groceries.
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.
Retail has changed a lot in just the last few years, never mind the past 10 or 20 years. On the webcast, How to Break Six Bad Habits of Retail Planning Habits , featuring RSR Research co-found Paula Rosenblum and Logility Director or Retail Business Consulting Jim Brown, we explored many of the processes (or habits) implemented a decade or more ago that are still at the heart of today’s retail operations.
I am sharing this research survey on behalf of Dr. David Nowicki of The Center for Logistics Education and Research. The post Research Into Supply Chain Resilience appeared first on The Network Effect.
October is almost here, and that can only mean one thing – Oracle OpenWorld is just around the corner! OOW is the perfect opportunity to network, learn about innovative ideas and products, and hear what other companies are doing throughout their transformative journey to the cloud. This year, be sure to check out the numerous Oracle PLM Cloud and related sessions at OOW to learn from leaders about how Oracle Product Lifecycle Management Cloud can help you transform your product value chain
Happy Friday from Saratoga Springs, NY! As you read this, I’ll be at a meeting with my Logistics Leaders for T1D Cure teammates and over 500 other people in preparation for tomorrow’s 100-mile JDRF Ride. The weather forecast for tomorrow looks very good — partly sunny and 82F (a little warmer than I’d like, but better than rain). Here’s a picture from last night with some of the team members (from left to right): James Coon ( BluJay Solutions ), me, Steve Wallace ( Elemica ), and James’ wi
2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.
The double punch of hurricanes Harvey and Irma on the U.S. economy will be felt for years. Supply chain risk … Continued. The post What Harvey and Irma Teach Us about Supply Chain Risk Management appeared first on Enterra Solutions.
For the last 25 years or so, retailers and consumer goods companies have relied on enterprise-centric supply chain software and. The post Retailers and Consumer Goods Companies: You Need to Upgrade your Supply Chain if You Want to Succeed! appeared first on The Network Effect.
Adam Compain, CEO at ClearMetal discusses the following questions and more in this timely and informative episode: Can you provide a clear definition of Artificial Intelligence, Machine Learning, and Predictive Logistics and shed some light on why there’s growing interest in these areas? How does Predictive Logistics fit within the broader landscape of technology solutions out there?
Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.
“Christmas is coming, the geese are getting fat.” That opening line of a traditional Christmas carol is normally sung after … Continued. The post Is it too late to Ramp Up the Supply Chain for the Holiday Season? appeared first on Enterra Solutions.
Communicating early and often to supply chain partners can alleviate the impact of storms on the supply chain. Much of the southern United States faces months—if not years—of cleanup and reconstruction following Hurricanes Harvey and Irma. As transportation providers begin to recover from the immediate disruption and delays caused by the hurricanes, the greater domino effect of the hurricanes on supply chains will begin to appear.
Now and then, we hear about horrific fast food restaurant stories where an “unwanted extra ingredient” is found. While we may be quick to blame the serving fast food restaurant for the mishap, the supply chain of fast foods is often complicated. When we stop by our favorite fast food restaurant to grab a quick bite, we often don’t think about the process that goes into assembling our combo meal.
As the leading Inventory Management platform, TradeGecko is intimately aware that there are many challenges involved with growing and scaling a successful eCommerce business.
Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever
“Few technology trends have gotten as much publicity over the past few years as the Internet of Things (IoT) — … Continued. The post Leveraging an Intelligent Internet of Things appeared first on Enterra Solutions.
Forbes Magazine describes teamwork as the ability to “combine different, complementary points of view to identify and seize hidden synergy opportunities, overcome difficult obstacles, and achieve challenging objectives 1.” As shippers evaluate opportunities in the supply chain for efficiencies and growth, utilizing a 3PL as more than a provider, but as a partner, can create collaboration.
The first annual Global CSR Risk and Performance Index reveals progress of more than 20,400 companies looking to improve their sustainability efforts. Today we published our EcoVadis first annual edition of the Global CSR Risk and Performance Index – which represents the culmination of an intensive research project to track the corporate social responsibility (CSR) performance of more than 20,400 companies, based on EcoVadis CSR Ratings across 10 industries and three world regions.
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