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What should organizations do when confronted by a global disruption like the pandemic? This question was faced by many companies and private sector organizations who were faced with a sudden need for PPE and other supplies, and discovered that all supply had been shut down. Supply chains ground to a standstill, and both large and small companies faced dire situations where work stoppages due to a lack of material spread like a domino effect to every region of the world.
Within the global supply chain, vendor managed inventory (VMI) is becoming an essential service. Most people demand the movement of goods to be quick. That is why most retailers will opt for managed inventory to guarantee an increase in delivery rates. . What is VMI? VMI provided a streamlined approach to the supply chain process by providing inventory management and order fulfillment benefits to vendors and retailers.
Even though this year will be very different than other years, the Thanksgiving logistics headaches will continue. The turkey supply chain remains a complex balancing act between supply and demand, especially at the fresh turkey level. Smaller gatherings could have an impact on demand for smaller birds, which can throw an added complexity into the mix.
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.
New technologies revolutionizing transportation are creating tremendous opportunities but also unprecedented challenges for tire manufacturers. The establishment of efficient global supply chains has become critical to competitiveness. From raw material procurement to final product sales, these supply chains’ ability to minimize inventory through product life cycle controls and facilitate prompt product supply is every bit as important as product differentiation strategies.
New technologies revolutionizing transportation are creating tremendous opportunities but also unprecedented challenges for tire manufacturers. The establishment of efficient global supply chains has become critical to competitiveness. From raw material procurement to final product sales, these supply chains’ ability to minimize inventory through product life cycle controls and facilitate prompt product supply is every bit as important as product differentiation strategies.
Why join Indago? Here’s a reason given by one of our members, the Director of Freight & Warehousing at $1B+ Food & Beverage Company: “I decided to join Indago for two reasons. One is to be part of a group that provides real time feedback from companies on topics in the supply chain world. The. Read more Above the Fold: Supply Chain Logistics News (November 20, 2020).
The most recent McKinsey Global Survey on AI shows a 25% increase in use by companies over the prior year, a trend that shows no signs of slowing. At this pace, have we entered the Age of AI? Do we even need supply chain planners, or can we turn out the lights and go home, because we now live in a world of autonomous planning? The short answer is that planners are more important than […].
Complexity and precision data within the transportation and shipping industry require refinement in measuring and recording metrics. That is where multimodal metrics that leverage transportation data can make all the difference. According to Supply Chain Quarterly, “Amid this complexity is the growing influence of consumers who expect a personalized, consistent, and seamless experience across retail, online, and.read More.
Editor’s Note: The following is an excerpt of a research report published yesterday, “Creating Resilience Amid Disruption: 2020 Supply Chain Market Research.” This third annual research study, conducted by Adelante SCM and the Council of Supply Chain Management Professionals (CSCMP), and presented by BluJay Solutions (a Talking Logistics sponsor), was conducted to gain insight on.
As researchers around the world race to develop a safe and effective COVID-19 vaccine, pharma companies also face another daunting challenge: how to distribute hundreds of millions of highly sensitive vaccine doses, quickly and accurately, across the country and the world. Normal vaccine distribution was already inherently complex with a myriad of issues – including security, temperature control, political/trade challenges, multiple geographies and transportation modes, transit times, and carrie
Facing narrower margins and higher complexity? Product and spare part portfolios from OEMs expand year after year, while customer expectations continue to rise. Get out ahead of the competition with better demand forecasting to enable you to carry less inventory while raising service levels. Wholesale distributors are squeezed between manufacturers and their customers; facing increased competitive threats, escalating SKU counts and expanding ecommerce.
[link] Automated notifications and communications breathe new life into supply-chain processes. Unfortunately, shippers still overlook the low-hanging fruit in automated communications. So, Let’s Give You 5 Things To Target In Automated Notifications And Communications, Real Fast! The post 5 Things to Target in Automated Notifications/Communications | VIDEO appeared first on Transportation Management Company | Cerasis.
“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 global manufacturing and distribution of pharmaceuticals and the regulatory requirements of countries have always made pharmaceutical supply chains a challenge. However, the anticipated volume of COVID-19 vaccines that will need to be distributed for the foreseeable future will be unprecedented, and pharmaceutical supply chains will be severely strained as they try to get these.
Having a vision of the future is important to help coordinate SCM initiatives towards the “global good” – but having a vision is worthless without effective work in the trenches. In fact, a far better vision is “sense and respond” SAR which moves an organization from a big bang paradigm periodic driven approach that currently dominates SCM even in best in class organizations to an “as needed” basis.
Detective Joe Friday had a way with words. Even if you’ve never seen a Dragnet re-run in your life, or you’ve never heard of Joe Friday, his catchphrase, “Just the facts, ma’am,” is a good motto for running your business. The foundation of supply chain analytics is the desire to let objective, relevant information drive action – in other words, to empower and enlighten employees about data and to make decisions after they’ve looked carefully at “just the facts,” wit
The past year taught supply chain professionals that uncertainty is the only certainty in supply chain management (SCM). And that’s rapidly proving to be the case as drug makers obtain approval for a COVID-19 vaccine and plan distribution. That will, in turn, stimulate major issues in navigating holiday SCM for regular shipments, significantly as e-commerce.read More.
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
Note: Today’s post is part of our “Editor’s Pick” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This post from Elemica’s blog provides guidelines on how to manage the security of the data and the management of APIs.
Plimoth Plantation, Plymouth, MA. The “red stuff.” That’s what my four-year-old daughter calls it. She had it at her grandparents’ house a couple weeks ago for the first time and now mentions to me on a daily basis that she wants it on Thanksgiving. Yes, I’m talking about that Thanksgiving staple cranberry sauce. And I am a big fan as well. As we approach Thanksgiving, I like to reflect on the Pilgrims settlement in Plymouth back in 1621.
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.
Making FreightTech Sticky with Nick Dangles. Nick Dangles and Joe Lynch discuss making freightech sticky. In the podcast interview, Nick provides strategies for developing, marketing, and implementing freight technology that will be sticky. About Nick Dangles. Nick Dangles is the C0-founder of Kinetic , a company that helps freight tech companies get their products to market faster and with better adoption.
For procurement and supply chain professionals, the biggest takeaway from 2020 is that no matter how hard you try, you cannot predict the future. COVID-19 disrupted supply chains on an unprecedented scale, and businesses became much more reliant on procurement teams to help mitigate the impact. . This was easier said than done for some, with a lack of digitalisation in procurement hindering teams’ ability to support the business.
The most recent McKinsey Global Survey on AI shows a 25% increase in use by companies over the prior year, a trend that shows no signs of slowing. At this pace, have we entered the Age of AI? Do we even need supply chain planners, or can we turn out the lights and go home, because we now live in a world of autonomous planning? The short answer is that planners are more important than ever, and not just because the hype may be ahead of the curve.
No matter what your company sells, you’re in the logistics business. From receiving and storage of your products to getting them out to customers, there are many logistics operations that your business handles or oversees daily. But, unless logistics is your business’s core focus, these key supply chain operations may be better left to the experts – while you focus on the elements (e.g., manufacturing and sales) within your realm of expertise.
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.
Last year, I wrote about the headaches involved with planning and celebrating Thanksgiving. Specifically, I pointed out the three main segments which caused logistics headaches: the feast itself, festivities around the holiday, and the kick-off to the holiday shopping season. The coronavirus pandemic that has engulfed 2020 has certainly changed Thanksgiving planning this year, but the reality remains the same: Thanksgiving logistics are still a headache.
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