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Supplychain practitioners seeking the best way to speed decision intelligence, unify supplychain data, and increase operational efficiency can benefit from a supplychain data gateway. Here are 10 ways a supplychain data gateway can improve your performance across the end-to-end supplychain.
When you talk to companies that have implemented enterprise or supplychain applications, executives will usually admit that they have under-invested in training and preparing users to use the new technology. Molex implemented a multi-enterprise supplychain network platform from SAP called SAP Business Network.
Schneider Electric has been working to simplify its supplychain over the last few years. This French public multinational was selected as having the best global supplychain by a leading analyst firm. Schneider Electric’s supplychain operation is of great interest to other practitioners.
I laugh when business leaders tell me that they are going to replace their current supplychain planning technologies with “AI.” Each supplychain planning technology at the end of 2024, went through disruption–change in CEO, business model shift, layoffs, re-platforming and acquisitions. You are right.
Supplychain, with its complex planning questions, is typically an area where optimization technology is required. SupplyChain Network Design. Inventory optimization. Prescriptive analytics is a type of advanced analytics that optimizes decision-making by providing a recommended action. Read about 5 use cases.
Supplychain practitioners seeking the best way to speed decision intelligence, unify supplychain data, and increase operational efficiency can benefit from a supplychain data gateway. Here are 10 ways a supplychain data gateway can improve your performance across the end-to-end supplychain.
In today’s interconnected global economy, sustainability within supplychains and logistics has become a necessity rather than an option. For senior leaders, understanding and integrating the three pillars of sustainability—environmental, social, and economic—into supplychain strategies is essential.
In the rapidly evolving world of global supplychains, interoperability—the ability of systems, devices, and organizations to work together seamlessly—has become a critical factor for operational efficiency. Here’s how each layer translates to the supplychain context: 1.
As artificial intelligence (AI) becomes more integrated into supplychains, companies are focusing on how it can support human workers. Human-in-the-Loop Systems: AI as a Support Layer In supplychain operations, AI is rarely deployed to act independently. For example, Amazon uses AI to optimize delivery logistics.
It has led supplychain vendors to discuss how they currently use artificial intelligence. Further, virtually every supplier of supplychain solutions is eager to explain the ongoing investments they are making in artificial intelligence. When it came out, ChatGPT seemed like magic.
October 14th – 18th 2024 SupplyChain & Logistics News Yesterday, I landed back in the States from my autumn getaway. For example, in the UK, duty on a bottle of wine is currently £2.23, and on top of that, there’s a 20% VAT. For example, Ryanair was supposed to get 20 deliveries before the end of December.
Supplychain teams face a similar dilemma – companies are overloaded with vast amounts of data, and the ability to sift through the noise and focus on relevant insights has become a critical capability. Decision-makers must operate with agility and speed, often orchestrating complex scenarios across vast supplychain networks.
Las Vegas, NV – May 2025 I had the opportunity to attend Momentum 2025 in Las Vegas, Manhattan’s annual user conference focused on supplychain and commerce innovation. He introduced Enterprise Promise and Fulfill, a new solution that supports enterprise-wide inventory visibility and real-time order orchestration.
For years, supplychains were engineered to be lean. Recent years have brought a series of disruptions that exposed vulnerabilities in how supplychains are designed. Recent years have brought a series of disruptions that exposed vulnerabilities in how supplychains are designed.
Others had already pressure-tested their supplychain strategies for moments like this. That’s why real-time supplychain orchestration is no longer a nice-to-have. Scenario modeling, running what-if simulations to stress-test sourcing, pricing, and inventory decisions, has become a cornerstone of supplychain strategy.
Supplychain networks depend on structured data, exchanged through APIs, middleware, and telemetry, to coordinate across facilities, regions, and partners. AI Deployment in Operational Context Artificial intelligence has become a common feature in supplychain systems, though the depth of adoption varies widely.
In the fast-paced world of modern supplychains, traditional forecasting methods fall short. Advanced supplychain planning is being transformed by probabilistic forecasting , which revolutionizes demand forecasting, supply planning, and inventory optimization.
My head is wobbling with announcements, late-night Friday press releases, company name changes, and executive turnover in the supplychain planning market. Logility, a conservative company supplychain planning technology, historically had no debt and cash reserves of more than 80M, is undervalued in this deal.
Balancing forecast accuracy with inventory management gets more challenging every day. Artificial intelligence (AI) and rapidly developing generative AI tools provide complex, real-time, and in-depth insights specific to supplychain management. This makes it hard to reach agreement. Fortunately, this is starting to change.
In the fast-paced world of modern supplychains, traditional forecasting methods fall short. Probabilistic forecasting is revolutionizing demand forecasting, supply planning, and inventory optimization by significantly improving forecast accuracy and decision-making across distribution networks.
In the competitive industrial landscape, efficient spare parts inventory management is crucial to maintaining seamless operations and driving profitability. Spare parts supplychains, however, come with their own set of complexities, requiring targeted strategies and specialized tools to meet these unique demands effectively.
Traditional supplychain planning was defined by the theory of constraints and the Deming Wheel of Plan, Do, Check, and Act (PDCA) philosophies. For example, in early COVID periods, should toilet paper be delivered directly to stores with redesigning the middle mile while sensing COVID sewage levels?
But as this capability becomes more widespread, it’s starting to reshape expectations and operations across the supplychain. For example, REMA 1000 stores in Norway regularly adjust prices to match nearby competition. From a supplychain perspective, pricing becomes more than a marketing lever, it becomes a live data signal.
5G networks significantly improve data transmission speed, latency, and device connectivity, revolutionizing supplychain operations. Additionally, the high device connectivity supports better coordination and efficiency in supplychain processes. Next lets look at technical capabilities and applications in the domain.
Disruptions aren’t the exception anymore, they’re part of how supplychains run. What Disrupts SupplyChains Today? It should be woven into how the supplychain is run. Real-World Examples Maersk (2017): A ransomware attack crippled IT systems across its global logistics network. Both are essential.
Unfortunately, Helene was not an exception but instead illustrates the “new normal” situation, where weather events of increasing frequency and severity are no longer isolated incidents, but are instead a consistent threat to supplychains. tallying a staggering $182 billion in damages.
It offers longer range and higher bandwidth than previous versions and is well-suited for tracking inventory within facilities. LoRaWAN A long-range, low-power protocol that supports applications across large outdoor areas, such as shipping yards, intermodal facilities, and cold chain transport.
Harvard Business Review recently published an article, “ To Build Resilience, CEOs Need to Become Supply-Chain Experts ”. In this article, we wanted to discuss one aspect of supplychain that is often not given enough attention – building strategic relationships and shared value with direct spend suppliers.
For years, supplychain professionals have talked about visibility, resilience, and efficiency. What is needed is a practical, scalable way to unify supplychain data across systems, make it useful in real time, and apply intelligence, whether from algorithms, machine learning models, or a trained human eye, to act on it quickly.
This disconnect between AIs potential and real-world adoption presents a significant opportunity for companies to gain a competitive edge, especially in supplychain management where uncertainty is the norm. However, its important to recognize that AI and machine learning are not magic fixes for supplychain challenges.
What is Demand Forecasting in SupplyChain Management? Demand forecasting in supplychain management is the process of predicting customer demand, supply trends, and pricing fluctuations. To help you stay ahead, here are four strategies that supplychains leaders are using to win at demand forecasting.
What is Demand Forecasting in SupplyChain Management? Demand forecasting in supplychain management is the process of predicting customer demand, supply trends, and pricing fluctuations. To help you stay ahead, here are four strategies that supplychains leaders are using to win at demand forecasting.
Global supplychains have been tested repeatedly by a series of disruptive events, including the COVID-19 pandemic, U.S.-China In response, many organizations have shifted toward decentralized and regionalized supplychain models, distributing production and sourcing across multiple regions.
Even before the Covid-19 pandemic disrupted global supplychains and upended the global economy, supplychain experts insisted that supplychain resilience was essential. There is a] need to prepare supplychains not only to survive, but to thrive in chaos.”[1] The reason?
Supplychain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.
As a supplychain executive, picture beginning your day with a cup of coffee when a news alert notifies you of newly imposed tariffs affecting your primary suppliers in China. An automotive company I collaborated with conducted detailed modeling of potential tariff impacts on semiconductor supplychains.
The global supplychain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. Developing Analytical Skills Data analysis is at the heart of effective supplychain management.
Five years ago, we all thought the COVID-19 pandemic resulted in the most disrupted supplychain landscape we would ever see. Since then, supplychain disruptions and volatility have only increased. We were wrong. Today the question is not just When is the next disruption coming?
These steps include sourcing and receiving inventory, storing inventory, order processing, picking and packing an order, shipping the order, and returns management. Factors like planning tools, inventory management, demand patterns, and innovations in technology contribute to the success or failure of fulfillment optimization.
Federal Reserve Bank of New York, Global SupplyChain Pressure Index, [link] What can you do? Measure it (both demand and supply) and use the insights. For example, you cannot control governmental policy. The supplychain planning role has expanded over 100% as companies expanded their markets. The reason?
Procurement and supplychain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. In this blog, we cover the key differences between procurement and supplychain management, and explain where the biggest disconnects typically occur.
Table of Contents ** Minutes What is inventory accounting? Why is accounting for inventory necessary? You need to know which SKUs you have on hand, how to budget for and predict demand , and how much your inventory is worth. But the value of your inventory can change over time, which makes it tricky to keep track of.
Subscribe SupplyChain Visibility Has Never Been More Important! Supplychains are more complex than ever, stretching across continents, industries, and multiple stakeholders. What is Real-Time SupplyChain Visibility?
An efficient supplychain strategy is one that takes every aspect of your supplychain into account, from inventory management and warehouse design to freight tendering and transport optimisation. Let’s look at some of the best ways to make your supplychain more efficient.
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