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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.
The modern supplychain is a complex network of suppliers, manufacturers, distributors, and customers, all interconnected and reliant on a shared ecosystem of trust and accountability. As industries evolve and global markets expand, ethical considerations have become central to supplychain compliance.
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.
However, as carbon taxes and emissions reporting requirements continue increasing, supplychain professionals face mounting pressures from inside and outside their organizations to measure and improve performance against new, nebulous sustainability metrics. Sustainability is high on the list of favorite corporate buzzwords.
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.
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.
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. Use metrics like lead-time sensitivity, margin contribution, and order volume to prioritize. They need to be operational disciplines.
Supplychain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. Healthcare providers are leveraging efficient supplychains to ensure critical supplies reach patients when needed most.
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?
In the supplychain arena, the need to make course corrections is exploding. This lifecycle is essential where timely and accurate decisions can significantly impact supplychain efficiency, safety, customer service, and profitability. Frederic Laluyaux, the CEO of Aera Technology, agrees with this assessment.
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.
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.
The Logistics Data Challenge The logistics sector is awash with data, from shipment volumes and freight rates to sustainability metrics and supplier performance. For example, variations in country codes (e.g., “UK” vs. “GB”) or port codes for cities like Shanghai create confusion and erode trust in data reliability.
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.
It is a practical tool, actively helping fleets reduce idle time, improve safety, and gain real-time situational awareness across the supplychain. Track KPIs, Not Buzzwords Evaluate V2X based on tangible logistics metrics: fuel savings, delivery times, accident rates, and emissions.
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. With the global e-commerce market predicted to reach $8.1
Many people get confused about KPIs or Key Performance Indicators in Logistics and SupplyChain operations. Still, in this article, I will help you evaluate the need for supplychain and logistics KPIs in your organisation, and identify which types of measurement might be most appropriate. Which ones to use?…
Machine learning (ML)a specialized field within artificial intelligence (AI)is revolutionizing demand planning and supplychain management. These improvements directly strengthen the bottom line, making ML capabilities an essential component of modern supplychain management software.
The formula for OTIF is: Measuring a supplychain against OTIF metrics is a key strategy that helps decision makers attach a tangible value to the success of their fulfillment and allows them to determine key strategies. Timely information is critical, as data older than a few days can lead to costly supplychain disruptions.
Supplychain and logistics teams today face a pivotal moment in their evolution. The traditional metrics of excellence cost efficiency, on-time delivery while still important, are no longer sufficient in an era defined by volatility, complexity and political changes. The first is living demand intelligence.
How to Reduce Carbon Emissions in Your SupplyChain 1. For example, switching from air to ocean freight for non-time sensitive shipments can reduce carbon emissions by up to 95% per unit shipped. This means deploying supplychain carbon accounting software, setting clear KPIs for emission reduction and regular carbon audits.
What Celanese has accomplished is the single best example ARC is aware of employing agentic AI and copilots at scale. The Celanese SupplyChain Celanese Corporation (NYSE: CE), headquartered in Dallas, Texas, is a global chemical and specialty materials company with revenues of over $10 billion. Celanese is an exception.
No matter the focus, whether cost reduction and quality improvement, or supplychain optimization and resilience, procurement must have a concrete role in delivering outcomes that matter to the business. Instead, focus on metrics such as cost avoidance, on-time delivery rates, or percentage of spend on supplier diversity.
Packaging systems play an integral role in supplychain operations, from manufacturing to distribution of products to end users. This supplychain article will focus on the importance of packaging in businesses to help you determine the best packaging systems for your brand. The first step is making a sustainable choice.
No matter the focus, whether cost reduction and quality improvement, or supplychain optimization and resilience, procurement must have a concrete role in delivering outcomes that matter to the business. Instead, focus on metrics such as cost avoidance, on-time delivery rates, or percentage of spend on supplier diversity.
With international commerce increasingly digitalized and customer requirements continuing to grow, the demands on supplychain professionals to create frictionless, responsive, and cost-effective operations have never been higher. Supercharge your supplychain career through the SCMDOJO SupplyChain Learning Track Certification!
SCB Feature Report From DPW: What’s Next for AI in SupplyChain? That’s because the promise of artificial intelligence for supplychain operations is huge. It could do more to accelerate the journey of supplychain operations from the backroom to the boardroom than any other change. trillion to U.S.
Strong supplychain capabilities drive efficiency and develop competitiveness in an oversaturated market. Global disruptions such as COVID-19 have unearthed a wide range of vulnerabilities within international supplychains. To develop these relationships, regular communication is key.
Many of the world’s largest companies have committed to reaching net zero by 2050, triggering a ripple effect throughout global supplychains. For most CPG brands, indirect emissions — those that occur across the supplychain — represent the majority of their carbon footprint. Retailers are following suit. In the U.S.,
I had the pleasure of attending the Gartner SupplyChain Planning Summit 2024, held on Dec. This event offered a unique opportunity to engage with industry leaders and gain firsthand insights into the latest trends and innovations in supplychain planning. Director SupplyChain Digital Transformation).
Examples of non-compliant procurement Types of procurement compliance Procurement compliance KPIs Purchasing compliance roadblocks Procurement compliance: Best practices checklist Frequently asked questions about procurement compliance What is procurement compliance? Scroll down to find out: What is procurement compliance?
Behind the scenes of every successful business lies a well-orchestrated machine made up of four critical functions: supplychain, logistics, transportation, and operations. Table of Contents What Is SupplyChain Management? What Is SupplyChain Management? What Is Logistics? What Is Transportation?
Modern supplychain operations demand exceptional efficiency in order to achieve market competitiveness. The necessary elements of agility and specificity along with scalability make these systems valuable for building smarter supplychains that are more resilient. The solution exists in custom-built software development.
In todays rapidly shifting business landscape, supplychain evolution has become essential. Lets explore the key elements of supplychain evolution, the challenges, and how to trade reaction for resilience. Benefits of resilient supplychains include: Improved Agility: Respond quickly to market changes.
To keep operations and supplychains stable amid the volatility of today’s global trade dynamics, companies need a freight strategy that can flex under pressure. Multimodal in Practice At a basic level, multimodal shipping can refer to using two or more distinct modes — such as truck, rail, air or ocean — in a single supplychain.
In this guide, we’ll explore what cost efficiency is, examples, and best practices on how cost efficiency can make your company more competitive and profitable in today's fast-paced economy. Example of cost efficiency A TechRepair Company operates two service plans: Plan A costs $6,000 monthly and services 1,200 devices.
In today’s competitive market, every drop of efficiency in extraction and logistics fuels innovation across supplychains, ensuring that products reach consumers faster and at lower costs. How does oil and gas production drive global supplychain innovation?
Breaking Down Business Silos Supplychains don’t exist in isolation. To truly build resilience across the entire organization — including supplychain and logistics — businesses need to remove the internal silos that can lead to restricted data flow and collaboration. It all starts with adaptability.
Recently, on the Auto SupplyChain Prophets podcast , my co-host Jan Griffiths, a prior VP of SupplyChain at a major Tier 1, and I reflected on these dynamics as we discussed the critical importance of developing a collaborative yet rigorous approach to supplier management and performance.
As supplychains become more interconnected and risks more dynamic, traditional procurement tools fall short. For example, agentic AI can analyze supplier data, evaluate contracts, manage purchase orders, or recommend sourcing strategies. AI is reshaping the way organizations source, manage suppliers, and drive value today.
As supplychains become more interconnected and risks more dynamic, traditional procurement tools fall short. For example, agentic AI can analyze supplier data, evaluate contracts, manage purchase orders, or recommend sourcing strategies. AI is reshaping the way organizations source, manage suppliers, and drive value today.
According to Deloitte Insights , 83% of digitally maturing companies use cross-functional teams to improve supplychain performance. Of course, the right training is key to the success of such initiatives, and can have a measurable impact on supplychain performance. Identify and resolve bottlenecks more effectively.
SupplyChain Crisis Management is the systematic approach to identifying, preventing, and responding to major disruptions in your supplychain operations. Key components include: Risk Assessment and Monitoring You need real-time visibility into your entire supplychain.
Key strategies to build trust and reduce resistance: Appoint Floor Champions : These are respected peers who can lead by example, answer questions, and de-escalate concerns. That’s why tracking key metrics is essential, especially in the early stages. Hands-On Workshops : Let workers interact with the technology before go-live.
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