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In a recent research project, we found that 2/3 of companies had a digital supply chain transformation strategy; however, those that were evolving their strategy performed better during the early months of the pandemic than those that were “clear” on the project plan for a digital transformation. I know, a head-scratcher. My conclusion? Sometimes organizations are too sure and chase shiny objects, push a fad, or fall prey under the spell of a Supply Chain Conquistador.
Megatrends Shaping Supply Chain Innovation. Feature Article by Ryan Tang – Executive Director, APAC?E2open. While the COVID-19 pandemic woke up supply chains around the world, the ripple effects continue to disrupt in both size and scope. Port congestion, capacity constraints, large increases in rates across all modes, labour shortages and long delays in shipments—these are just some of the operating realities supply chain and logistics professionals face today.
There have been a lot of labels attached to the day-and-age in which we live, including the Computer Age, the Digital Age, and the Information Age. Although these monikers conjure up slightly different connotations, they all rest on the fact that data is being created at an unprecedented historical rate. Keeping up with and making sense of all this data is far beyond the capabilities of traditional analytic methods.
Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. Yet, in today’s omnichannel world, retail returns are key to driving business growth, thanks to their ability to enhance the customer experience, minimize losses, and preserve long-term revenue.
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.
This November is a layoff season. As pink slips ripple through Silicon Valley to over 120,000 workers following a time of overexuberant hiring, it is a time for both sadness and reflection. The end of this chapter in Big Tech occurs, it is time for a reality check. As supply chain leaders face heightened demand uncertainty and extreme supply chain disruption, the answer is not going to come from Silcon Valley.
Quantum computing may sound like science fiction (especially the weird principles on which it relies); nevertheless, businesses are beginning to pay attention. According to the Venture Beat staff, “Sixty-nine percent of global enterprises have already adopted or plan to adopt quantum computing in the near term, according to a new survey of enterprise leaders commissioned by Zapata Computing.
Quantum computing may sound like science fiction (especially the weird principles on which it relies); nevertheless, businesses are beginning to pay attention. According to the Venture Beat staff, “Sixty-nine percent of global enterprises have already adopted or plan to adopt quantum computing in the near term, according to a new survey of enterprise leaders commissioned by Zapata Computing.
Driving Sustainable Supply Chain Change. by Stephanie Krishnan – Associate Vice President, IDC Manufacturing & Energy Insights Asia/Pacific, IDC Asia/Pacific. “By 2025, to improve long-term supply chain profitability, 60% of manufacturers in global supply chains will invest in software tools to support sustainability and circular economy business models.”.
The future of work is a fascinating subject to contemplate and discuss. Prior to the pandemic, many of the articles discussing the future of work raised concerns about artificial intelligence (AI) and automation taking over jobs now held by humans. Millions of jobs were predicted to be lost over the coming decades creating social unrest and economic chaos.
An agile supply chain uses data, technology and collaboration to effectively navigate market volatility. Discover the strategies you need to stay flexible and competitive.
This blog is based on Dassault Systèmes’ partnership with IndustryWeek on conducting a midyear survey of industry leaders to gain a better understanding of how virtualization technologies are helping them adapt to these changes. Today, change is the only constant, and success depends on the ability to adapt quickly and efficiently. The past year and a half saw manufacturers face unprecedented challenges resulting from global disruptions, to which they responded by repurposing or developing
ARC analysts have published predictions about supply chain technology trends at the beginning of the year in past years. This year we have decided to lead with our predictions about the broader supply chain function – as supply chain itself has become such a hot topic in executive suites, corporate earnings, general news media, and even our own personal lives.
The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. But with every challenge, there is an opportunity to innovate and grow. GlobalTranz works with manufacturing shippers every day to move their goods and streamline their logistics strategies. Here are the challenges we’re seeing across the industry, and what they mean for your supply chain and your shipping processes. 5 Challenges Facing Supply Chain Manag
LogiSYM 2024 and CeMAT Southeast Asia: Import Export TV named as Official Event Media Partner The Logistics & Supply Chain Management Society (LSCMS) is excited to announce that Import Export TV has been named the official media partner for the upcoming LogiSYM 2024 and CeMAT Southeast Asia events. This significant partnership marks a step forward in enhancing the reach and impact of two of 2024’s most anticipated events in the fields of supply chain management, warehouse management, a
“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.
Kevin O’Meara, Vice President, Integrated Supply Chain at Shaw Industries, posted the following question on Twitter last Friday: “Have the billions of dollars invested in supply chain technology really made a significant difference in the outcomes? We have spent the money and we see unprecedented delays, shortages, and disruptions. [For example], we have no lack.
When reviewing strategy decks for supply chain teams, I often see statements like “move from a functional-silo’d focus to a drive a more holistic response.” Or “push a shift from a focus on cost to drive value?” Sound familiar? As an analyst, I am always searching for answers and clear definitions. To help, I will ask, “How do you define value?
Dhruv Saxena and Joe Lynch discuss the ShipBob story. Dhruv is the CEO and Co-Founder of ShipBob , the leading global omni fulfillment platform designed for small and medium-sized businesses to provide them access to best-in-class supply chain and fulfillment capabilities. About Dhruv Saxena. Dhruv Saxena is the CEO and Co-Founder of ShipBob , the leading global Omni fulfillment platform designed for small and medium-sized businesses to provide them access to best-in-class supply chain and ful
83% fear the biggest disruption from Brexit is yet to come, while increasing supply chain disruption caused revenues to drop by an estimated 18%. London, UK, 28th November, 2022. Research from Ivalua , a leading global spend management cloud provider , has revealed that 80% of UK businesses say that Brexit has been the biggest disrupter to supply chains in the last 12 months, while 83% fear the biggest disruption from Brexit is yet to come.
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
The Need For Supply Chain Innovation: Why You Should Watch These Four Trends ? Feature Article by Wolfgang Lehmacher – Operating Partner, Anchor Group and Dweep Chanana – Managing Partner, Anchor Group. Recent years have placed supply chains into the spotlight and onto many board agendas. In a world of almost continuous disruptions and intense competition high performance supply chains have become the decisive factor.
Temperatures are rising and people are getting sweaty. We’re inching toward the time of year when sweltering heat can only be quenched by one experience–a dunk in a cool, crisp, clean swimming pool. Sadly enough, that sweet relief may be limited this summer season, as the chlorine shortages experienced in 2021 have made a reappearance. The cause of this tragedy?
Steel plays a crucial role in almost all industries—even in those where its application is not as apparent. The food industry, for instance, depends on steel for its use in building greenhouses. Steel is a very versatile material as its composition and internal structure can be adjusted to tailor its properties. It can be made with many different characteristics, for example, different chemical compositions to increase strength, durability, etc.
Brian Amend, Senior Director of Supply Chain Systems at Walgreens. You hear the term “digital transformation” everywhere. That means different things to different people. But one thing many would agree it means is putting in new applications where none exist, or perhaps more often, tearing out old legacy applications and replacing them with more modern software platforms.
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.
The post How can your organization get started with Digital Supply Chain Twin? Unlock the potential with these practical steps appeared first on AIMMS.
In our recent GlobalTranz 2022 Logistics and Supply Chain Trends and Outlook white paper, our experts review some of the factors that will shape logistics in the coming year and beyond. It covers macro trends in the LTL, Truckload and Managed Transportation Service sectors and the lingering effects of the COVID-19 pandemic. In this post, we’ll do a deep dive into less-than-truckload (LTL) industry trends to watch for 2022, and highlight actions that shippers should consider to guide their strate
In the Digital Age, few technologies have had greater impact in the business world than cognitive technologies (aka artificial intelligence). The VentureBeat staff reports, “Artificial intelligence (AI) is a foundational catalyst for digital business, according to a new report by Gartner. The last 10 years represent a breakthrough period in AI’s development, spurred by the convergence of factors including the rise of big data, advancements in compute infrastructure, new machine learning te
It is widely accepted that digitization is the key to transforming all areas of the logistics industry. However, we are just at the beginning of a long journey. Recent Black Swan events have exposed vulnerabilities within some of the world’s best-run supply chains. With effective planning becoming impossible, the need for real-time visibility has become.
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.
As my arms stretch forward to pull for the next lap in the summer heat, three thoughts circulate in my head. (I often write my blogs in my head as I swim. The rhythm of a lap swim helps me to think better.). During the swim, my mind races with many thoughts. Life for the supply chain leader is more complex. Shortages. Baby formula. Semiconductors. Tampons.
Google Cloud Supply Chain with Paula Natoli. Paula Natoli and Joe Lynch discuss the Google Cloud supply chain and the solutions they provide to their logistics and supply chain customers. About Paula Natoli . Paula Natoli leads Google Cloud’s Supply Chain & Logistics Industry Solutions for the Americas regions, partnering with customers to deliver exceptional customer satisfaction through supply chain technology excellence.
Definition of Confirmation Bias. A Story. On Friday night, I had dinner with a LinkedIn contact. (As I travel, I post where I am going, and if someone reaches out for dinner or lunch, I say, “Why not?”) So, I sat across from a stranger on a cold winter night, the only thing that we had in common was our experience in supply chain planning. .
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