This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
…the weekend is just around the corner. Happy Valentine’s Day to all my blog readers. This is my 440th blog post and the tenth anniversary Supply Chain Shaman. It seems hard to believe that I have been typing away over these years building an audience of over 20,000 global readers. My friends would tell me to relax and get my Groove on b ut, I find myself deep into a presentation for a client’s design thinking session next week.
Special thanks to Lars Jensen, CEO at Sea Intelligence Consulting and Zvi Schreiber, CEO of Freightos Group for their input and insights for this report. . Shipping containers are like scotch. . It’s hard to predict what demand will be like for products like these ahead of time. Just take a look at pricing fluctuations for Suntory’s Yamazaki 12 Year Old.
All over the world, scientists are closing in on a vaccine for COVID-19. The disease that has plagued the world for the past eight months has at least six vaccines undergoing final phase three trials. It’s been a record-breaking effort so far. But the most complex logistics challenge since World War II still lies ahead … The post Is the Last Mile Ready to Deliver the COVID-19 Vaccine?
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 product introductions (NPI) are critical to any company’s success, but many of them never become household names. In fact, it’s estimated that up to 80 percent of new product launches in the consumer packaged goods (CPG) industry fail. Adding to this already uphill battle, we don’t have trustworthy new product forecasting methods because forecasting new products with no sales data is very hit-and-miss.
As the Coronavirus outbreak develops into a pandemic, people and businesses alike are feel ing its ripple effects. Manufacturers like Hyundai are experiencing a shortage of components that threaten s to halt production. L ogistics providers like Maersk are forced to announce blank sailings due to curtailed demand. Avenues of transport are declining as major cargo airlines, like Cathay Pacific , drastically reduce flights to mainland China and Hong Kong.
Even these services struggled to deliver. While manufacturing also suffered, the transportation shortage was undoubtedly one of the biggest supply chain problems, in addition to the availability of stock, due to lockdown and increased demand on at-home deliveries.
As discussed in our last post, the COVID-19 pandemic continues to fuel rapid e-commerce growth, with online sales in May up nearly 93% over the previous year, according to a recent Mastercard SpendingPulse report. While many businesses already received the green light to reopen, a recent surge of coronavirus cases is now causing more consumers to turn to online shopping and even prompting some retailers to voluntarily shut down stores again, like Apple recently did in several states.
As the logistics industry prepares for the 2021 supply chain trends, an uncertain future becomes the problem. According to Manufacturing.net: “Supply chains make up an essential aspect of most businesses today, with 70 percent of industry professionals predicting that the supply chain will spearhead better customer service before the end of 2020. So as the year has.read More.
Machine Learning for demand forecasting has matured to a level of accuracy, transparency and replicability that translates into transformative results, including in these five areas: Accuracy, transparency, thoroughness of analytical options and results. Ability to ingest and use a broad range of data; a system that is ‘greedy’ for data that yield new insights.
Omni-channel retailing is arguably the hottest trend in supply chain management right now. With e-commerce continuing to grow, there is more focus on Web commerce than brick and mortar. The ongoing COVID-19 pandemic has pushed e-commerce to levels that would not have been believed just six months ago. For example, in the US, May alone eclipsed the entire 2019 holiday shopping season and $82.5 billion was spent online.
In my decades of working in replenishment and inventory optimization, I’ve noticed that many companies seek solutions to symptoms rather than the underlying problem. I want to let you in on a secret: software companies are happy to sell you something you don’t need. Of course, you’ll never want to deal with that company again. What I try to do with my clients is to dig a little deeper to find out if they’re solving the real problem.
“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.
While most people are staying home during the COVID-19 pandemic, many are on the front line. Not just in hospitals, but our manufacturers who are essential to society and doing their part helping to stop the global pandemic. These manufacturers are on the factory floor continuing to build, construct, create and prepare. Their need is urgent and the vision for a better tomorrow continues.
When I started my business in 2012, I frequently wrote about the future using the moniker of Supply Chain 2020. We had just recovered from a recession, and my goal was to help supply chain leaders create a better supply chain by the end of the decade. At that time, Supply Chain 2020 seemed so far away. My focus was simple. By combining leadership and technology, I believed that we had the opportunity to create a better supply chain.
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
Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Supply chain professionals know it can be extremely challenging to drive day-to-day operational excellence and pursue innovation at the same time. Our recent survey showed that only 17% of organizations make it a priority to invest in innovation. Firefighting is the norm. It can also be challenging to decide where to invest.
The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. The free report is available in PDF with supporting spreadsheets and high-resolution infographics here. As a disclaimer, WebCargo , a Freightos Group company, does offers digital services to global forwarders and carriers, including online sales portals, digital eBooking, multimodal rate management and the Freightos.com freight marketplace. .
Multimodal shipping represents how companies can find new value within their supply chains and augment efficiency without dramatically increasing landed costs. While multimodal continues to change in the wake of disruption from the pandemic this year, interest in new shipping strategies has exploded. The supply chain has been suffering due to the growing conglomerates like.read More.
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.
Considering that customers are at the tail end of the outbound supply chain, and companies across all industries are competing on customer experience, it’s not surprising that the outbound supply chain gets a bit more love and attention than the inbound side. But the fact is that supply chains end-to-end are an interconnected system, so. Read more Why You Can’t Ignore the Inbound Supply Chain.
Supply chain is in the spotlight. It is the business function that is front and center - on top of the minds of consumers and executives. The global pandemic has ripped the rug out from under supply chains, but also highlighted its importance. Agility, resiliency, and sustainability are keys to supply chain survival, so you can’t afford to wait to invest in building these capabilities, which are entwined with each other.
Are you making an action plan of all the things you could do better and faster with your supply chain planning software when the next global crisis hits? The Coronavirus has demonstrated that the real world doesn’t play by the rules. The disruption we’ve seen in supply chain planning as a result of the pandemic is unprecedented. And as companies have learned the hard way, you can’t rely on the traditional planning models you’ve always used to get you through this new reality.
e-Commerce delivery overview in Southeast Asia. The first half of 2020 has been a rollercoaster ride for global and regional e-commerce logistics, setting off supply and demand shocks throughout the industry. Parcel Monitor tracks parcels all over Southeast Asia. Data collected from billions of parcels over the last 5 years, allows us to analyze changes in the e-commerce delivery ecosystem.
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.
by Jay Muelhoefer Today’s global supply chain leaders know to expect the unexpected. They prepare for natural disasters, sudden regulatory changes, social and economic shifts, and even cyber attacks. But some events are more disruptive than others. The recent outbreak of coronavirus has shaken communities and put companies that rely on manufacturing from facilities in Wuhan, China at risk.
High Tech remains one of the most vibrant, innovative and fast paced industries in the world. Even with global disruption from COVID-19, demand for products has remained positive, albeit with far less predictability! As consumers, we continue to drive this demand for new products and experiences and the challenges for companies to keep up have become extreme: Sudden shortages of supply and supply chain networks Increasing regulatory pressures New form factors and integration into other products
Today, supply chain excellence matters more than ever. During the pandemic, the supply chain discussions take new importance. Sniffing opportunity, the venture capitalists are like sharks in the water. While the supply chain technology market lost its allure at the start of the last decade, it is now cool again. I forecast that this interest will grow and the market is going to become more confusing.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content