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In the past year, risks associated with ESG (Environmental Social Governance) risks have become a big concern for businesses across all industries — and for a good reason. ESG-related supply chain regulations across the globe are on the rise. In 2022, the Uyghur Forced Labor Prevention Act (UFLPA) was signed into law by President Biden to crack down on forced and child labor from the Xinjiang region of China.
We asked supply chain experts and thought leaders how they go about keeping abreast of the latest trends and developments in supply chain. Have a look!
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.
“ Automation offers a range of benefits for warehouses, from increasing productivity to reducing risk related to labor. But to harness its full potential, companies need to develop a strategy for Orchestration. ” Never before has the competition for warehouse and fulfillment labor been so fierce. The long-term implications of a high reliance on labor are clear: automation in warehousing is no longer just a nice to have but an imperative for sustainable growth.
Earlier this month, an executive in our Indago supply chain research community submitted the following question: “We see the future of transport moving toward electric and autonomous vehicles. However, the ownership, energy source, and labor relations will change drastically versus the current market structure of shippers, forwarders / brokers / 4PLs, and carriers.
Earlier this month, an executive in our Indago supply chain research community submitted the following question: “We see the future of transport moving toward electric and autonomous vehicles. However, the ownership, energy source, and labor relations will change drastically versus the current market structure of shippers, forwarders / brokers / 4PLs, and carriers.
Nick Dangles and Joe Lynch discuss winning in a down freight market. Nick is Co-founder of Sync Logistics Training is a joint venture between Metafora + Kinetic, a Learning Management Software that gives brokerages the power to transfer years of industry knowledge to new hire employees in an engaging and effective platform. About Nick Dangles Nick Dangles is the Co-founder of Kinetic , and Sync Logistics Training , a learning management platform built and designed for the growing supply cha
In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The article presents findings from a survey conducted across over 200 global supply chain professionals to highlight how the pandemic has increased the need for freight market intelligence and how it continues to be relevant even as supply chain issues resolve.
In an ecommerce business, supply chain performance is one of the key factors affecting the performance of the business as a whole. If the supply chain isn’t moving as seamlessly as it should, it could cause disruptions further down the line, and even result in delivery delays and customer disappointment. As such, businesses need to carefully manage their upstream supply chain operations to ensure that there are no disruptions downstream.
Order fulfilment is becoming increasingly important. Why? Because fulfilment = loyalty. Manufacturers as well as consumer-oriented businesses need to embrace better fulfilment experiences for their customers. Perfecting order fulfilment can turn business transactions into repeat customers and advocates. What is order fulfilment? Order fulfilment refers to the process of receiving, processing, and delivering an order to a customer.
I kicked off a research project on the global warehouse management systems (WMS) integration and consulting market. The research is focused on those organizations that are WMS specialists – meaning that warehouse consulting is a major part of the organization’s business. To obtain a better understanding of the market prior to my outreach efforts, I contacted Cal Petty of enVista , a global consulting, managed services, and material handling automation firm.
The pace of change and innovation in the supply chain and logistics realm continues to accelerate (as you can see from the news items below). Looking ahead 5 years to 2028, what trends will play a bigger role in supply chain management? What actions is your company taking today to position its supply chain and. Read more The post Above the Fold: Supply Chain Logistics News (April 28, 2023) appeared first on Talking Logistics with Adrian Gonzalez.
Summitt Hogue and Joe Lynch discuss what kills warehousing companies. Summitt is the founder of Growe , a Dallas-based commercial real estate firm focused exclusively on serving the various needs of third-party logistics companies across the United States. About Summitt Hogue Summitt is the founder of Growe, a Dallas-based commercial real estate firm focused exclusively on serving the various needs of third-party logistics companies across the United States.
Retail customers need more than just an omnichannel experience. They need retailers to deliver dynamic, unified commerce experience. To guarantee customer-centric experiences across every retail channel, retailers need to create agile, resilient operations to adapt to changing consumer behaviors. This is why ToolsGroup is excited to announce significant enhancements to our JustEnough Dynamic Retail Planning & Execution solution.
“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.
Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Today’s article comes from Eric Mcpherson at Open Sky Group and looks at a WMS budget and preparing for implementation. When you begin researching Warehouse Management System ( WMS ) software, you’re probably running into some difficulties in the budgeting process because pricing is not always readily available.
Supply chain resilience has garnered attention since the pandemic hit businesses across the globe. Supply chain digitalization has helped increase visibility and topped boardroom conversations as companies looking to build resilient supply chains turn to technology to mitigate the impact of any future disruptions.
Ten years ago, on April 24, 2013, the world was shocked by the collapse of the Rana Plaza building in Bangladesh. The tragedy claimed the lives of 1,134 garment workers and injured thousands more. The building housed several garment factories that supplied clothing to major global brands. Rana Plaza highlighted the dominant supply chain logic: that a T-shirt can only be sold at a very low price at the downstream end of the supply chain because the real cost is paid by the workers at the upstream
Version 2023.1 of the ToolsGroup retail planning solution adds best-in-class capabilities to its robust software offering BOSTON and LONDON — April 26, 2023 — Today at Retail Technology Show in London, ToolsGroup , a global leader in retail and supply chain planning and optimization software, has announced the launch of critical new functionality in the JustEnough Dynamic Retail Planning & Execution suite.
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
Raja Hammoud, EVP of Products at Coupa, speaking on the main stage at Coupa Inspire Coupa recently completed its Inspire conference. It ran from April 11 th through the 13 th at the Aria Resort in Las Vegas. Roughly 3,000 customers, prospects, and partners attended. Coupa offers a Business Spend Management (BSM) platform based on a public cloud. The platform connects hundreds of organizations representing the Americas, EMEA, and APAC, with millions of suppliers globally.
Ivalua Spend Management Insights [ivory-search] Payment Cards FAQ: More Cash Rewards, Less Effort April 28, 2023 | | Innovation by Steve Carter Unlock your Payment Solution Organizations are rethinking their traditional payment methods as they seek to maximize savings while securely streamlining the invoicing process. Ivalua is at the forefront of this transition, providing a comprehensive card-based solution that operates with leading banking partners.
Tomorrow, 26 April 2023, is international Stop Food Waste Day. According the Stop Food Waste Day website , “Stop Food Waste Day is the largest single day of action in the fight against food waste. Started in 2017 by Compass Group USA, Stop Food Waste Day is now recognized globally in every corner of the world as we unite to educate and ignite change.” Why all the fuss?
ATD will share how collaborative forecasting improved supplier performance and revolutionized its supply chain for business-wide benefits, thanks to ToolsGroup’s AI-driven planning solutions BOSTON – April 25, 2023 – ToolsGroup announced today that we are exhibiting at the Gartner Supply Chain Symposium/Xpo 2023 in Orlando Florida, May 8-10. We’re also pleased to announce that one of ToolsGroup’s top customers, American Tire Distributors , has been selected to present on May 8, 12:05 pm on Stage
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.
India’s National Logistics Policy is revolutionising the logistics sector and every other industry along with it. Explore their efforts in three key areas in this new guide: Infrastructure:The NLP aims to unify various transport initiatives running under individual ministries. Along with MMLP’s dedicated freight corridors, the NLP seeks to develop an efficient network that meets the … The post India’s National Logistics Policy: What it Means for Industries, Shippers, and Customers appeared
CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Those are three hot topics in the enterprise today. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time? A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key
Trucking companies and congressional critics argued the rules, estimated to cost about $2,500 to $8,300 per vehicle, were too expensive, and came amid driver shortages and supply-chain woes.
By Andrew Black (pictured) Director at Efficio The post Resilience through diversification: Why supply chain diversification is now a business imperative appeared first on IT Supply Chain.
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.
Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money. In this guide, we’ll explore the key principles of category management and how it can benefit your organization.
Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Those are three hot topics in the enterprise today. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time?
Germany quell reports on banning chip chemicals to China A report from Bloomberg on Thursday suggested that the German government was considering restrictions on the chemicals in order to reduce…
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