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
Resilinc made a powerful impact at ISM World 2025—highlighting how AI-driven foresight and financial risk intelligence can transform reactive supplychains into strategic assets. Both scenarios carry hidden dependencies, but overreliance on single or sole sourcing is increasingly a hidden challenge.
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.
As I was enjoying the holidays, I had an opportunity to reflect on the year past and what the future holds for supplychains. However, organizations will need to be deliberate in designing supplychains with optionality so it does not become cost prohibitive. SupplyChain Design is essential in tackling these.
When the design is a supplychain-centric design, problems arise. S&OP Challenges In a recent research study of business executives, the top three challenges were: not having technologies that support the S&OP process, issues with the role of finance and the budget, and the lack of understanding by the executive team.
How 3PLs Can Gain Visibility and a Competitive Advantage Offering Automated Billing and a Self-Service Interactive Customer Portal It’s hard to imagine a third-party logistics (3PL) business today operating without some form of a warehouse management system ( WMS ) connecting the digital dots. But can technology do more?
A SupplyChain Design Solution from Coupa Imagine you’ve just received the job offer of your dreams. If you have been through this process at least once, you already have a good idea of what supplychain design is about: optimization. Do we have a demand forecasting tool in place and, if so, how good is that forecast?
Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supplychain insights and advice. This article is from Asena Denizeri & Anil Gurbuz at Solvoyo and examines the challenges around supplychain planning for 2022 and beyond.
Recent supplychain disruptions are forcing organizations to challenge the prevailing wisdom and look for newer approaches to decision making. The simultaneous shocks to demand and supply, and the magnitude of these shocks are not something the world ever experienced.
by Alexa Cheater Faster, smarter, more profitable supplychain decisions. While there have been numerous examples of how AI can boost profits in supplychain execution—most notably in the form of autonomous vehicles and smart robotics—the benefits related to supplychain planning have largely been ignored.
Brent crude oil prices Dec 2009 – Dec 2014 (Source MoneyAM.com). I use this example to illustrate the challenges (or, perhaps, the futility) of making supplychain and logistics predictions. 2015 is less than three weeks away, and a barrel of Brent crude oil is $65.70 Do Facebook and Twitter Need a Logistics Strategy?
If your company’s supplychain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the resiliency test. Let’s start here: what is supplychain resilience? What is SupplyChain Resilience? Embracing technology is part of that solution.
This description by a Chief SupplyChain Officer of the state of the supplychain he found in his new role stuck with me. Unlike a supplychain, these steps rely on no disruption to their execution. While there is endless speculation, from my reading two supplychain-specific opportunities intrigued me.
Changes in our lives, economies and supplychains are ubiquitous and well embedded now. Challenges drive dramatic shifts in supplychain and logistics. Across many of our industries, conventional wisdom about best practices for supplychain operations and logistical networks is being challenged.
The Ferrari Consulting and Research Group through its affiliated SupplyChain Matters blog provides perspectives and self-rating observations regarding our January 2024 published Research Advisory- 2024 Predictions for Industry Global SupplyChains. Labor activism in the form of labor contract negotiations among U.S.
Truck Gets Stuck in Milwaukee Park, Driver Blames GPS (Source: WTMJ). I recalled this incident a few days later when I read a thought-provoking essay in the Wall Street Journal by Nicholas Carr, Automation Makes Us Dumb. Rather than lifting us up, smart software seems to be dumbing us down.
For more than a year, global supplychains have been buffeted by one major disruption after another. Raw materials are in short supply, many manufacturers have temporarily mothballed production lines, transportation costs are rising, and labor is getting tight on our roadways , railways and ocean vessels. The impact?
If you’ve ever tried to buy a new car during the chip shortage or waited months for furniture delivery, you’ve experienced firsthand what happens when supplychains break down. Supplychain resilience is your business’s ability to bounce back when things go wrongand in today’s world, things will go wrong.
The supplychain remains one of the most fascinating areas of business. Blue Yonder recently brought together supplychain professionals in the Consumer Goods and Life Sciences industries to network on how they are planning for challenges, overcoming obstacles as they occur and embracing technology as they look to the future.
Mars has been on a journey to transform their digital supplychain. In 2019, Will Beery was appointed the vice president and tasked with leading the company’s global digital supplychain transformation. Mars’s Digital Transformation Mr. Beery started by asking, “what does a digital supplychain mean for us?”
The process as is implemented in many companies focuses on balancing demand and supply based on preestablished rules and policies that serve as guardrails for the planning process. More recently the technology has evolved to a point where such processes can be conducted at a faster cadence than a typical monthly cadence that was the norm.
Despite the significant amount of effort involved in going from running a business on Excel spreadsheets to implementing an enterprise resource planning (ERP), they are very grateful that their efforts to improve their supplychain agility were underway when the pandemic hit. The company has a sourcing team that vets the beans.
Wilko, to start off, could you tell us more about the supplychain division you work for? . I work for Global SupplyChain, a division based in Zoeterwoude (the Netherlands). Every country or operating company has its own supplychain team and is responsible for managing its own capacity, demand and supply.
Some of the world’s biggest retailers and their partners are once again feeling the sting of “ the bullwhip effect ” – a term of art amongst supplychain professionals that describes how changes in demand at the retail level can reverberate and amplify issues throughout the supplychain. All aboard.
Technology is constantly changing and efforts to keep up with those changes can be both head-spinning and costly. Nevertheless, there are some technologies that must be adopted in today’s business environment. One of the most important areas for technology investment is the supplychain.
Futuristic road transportation technology with digital data transfer graphic showing concept of traffic big data analytic and internet of things. Logistics and supplychains are integral parts of business operations in any industry, especially during an economic downturn. Digitisation, Digitalisation and Digital Transformation.
Demand planning has long been a requisite of supplychain management, but in a modern, high-speed environment, it’s become something more: a strategic lever for agility, and competitive advantage. Not as a forecasting exercise, but as a foundation for enterprise-wide agility. You can find the full White Paper here shortly.
This month, I traveled the globe helping companies understand the potential impact of technology innovation on the future of supplychain processes, I find the term “digital innovation” is a bit like tulip mania. It is a fad sweeping across supplychain leadership teams. However, we are in a hype cycle.
Image source: APA. For example, as of March 2022, 81% of Americans say the supplychain is a significant source of stress. As Tom Derry, CEO of the Institute for Supply Management, shared in PBS , “It’s been the hardest year for logistics and supplychain managers,” Pafford said. Image source.
Subscribe The Best Artificial Intelligence Tools for Education! With tablets in backpacks, AI tutors online, and global classrooms accessible through a screen, technology is rewriting how, when, and where we learn. Let’s explore how education technology is shaping a future where learning truly is for all. And who benefits?
When it comes to supplychain design, we’re at another inflection point in the industry. The first one arrived a few years ago when a growing number of companies started treating supplychain design as a continuous business process instead of a standalone project or a once-a-year exercise.
Today’s supplychains are fraught with uncertainties across demand and supply yet are tasked with adding incremental value to their organizations while also meeting commercial, working capital and sustainability goals. The challenge for supplychain teams lies in increasing knowledge to create value amid this complexity.
Supplychain risk management (SCRM) is often discussed in terms of prevention, mitigation, and recovery. ” Supplychain risk managers undoubtedly agree with that sentiment. Consistency in the supplychain is crucial to a company’s overall performance.”[1]
In today’s volatile global trade landscape, enterprises face ongoing pressure to optimize their supplychain operations. There are many ways an organization can cut supplychain costs. Mastering Direct Spend Management Procurement teams generally do not report to the chief supplychain officer.
Walmart announced that it will pilot agriculture technology with crop supply intelligence company Agritaskto get real-time information on crops and improve sourcing decisions around produce. According to the company, Chicago-based Coyote Logistics manages around 10,000 loads per day with a network of over 10,000 carriers.
In his current role as the Senior Director of Customer Strategy, Brad leads a team focusing on Solutions Architecture and Implementation Strategy whose mission is to work directly with shippers to bring efficiency to the capacity procurement process through technology. in Exercise & Wellness from Arizona State University and M.S.
Source: Gartner, Cover Considerations—How to Optimize Retail and Consumer Product Inventory Targets, 2017. Then they outline six criteria for optimizing product flow through the supplychain to maximize order fulfillment and minimize inventory. Gartner’s insights are quite good and it’s not often that I disagree.
The success of your business links inextricably to the performance of your supplychain. you have to make your supplychain successful too. SupplyChain and Business Success By the Numbers Now for those statistics I mentioned. If you want business success (and who doesn’t?),
Supplychain disruptions have become all too common. The problem lies in effectively balancing inventory across the supplychain. This critical aspect of optimization is often overshadowed by flashier supplychain trends. When demand surges, inventory needs to rise, and vice-versa.
Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supplychain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole.
Business project management software is often overlooked in supplychain management in favor of SCM functions, but is there an advantage in combining the two? The best project management software for supplychain professionals is often a solution that integrates with SCM, ensuring the systems benefit each other.
One of the favorite parts of my job is teaching classes on how to take supplychain concepts to the next level to improve corporate performance. I love helping people to see supplychain concepts differently. Both move the supplychain design from inside-out to outside-in. As I teach the class, I learn too.
Lora is the Founder of SupplyChain Insights LLC. She works with supplychain leaders to take teams to higher levels of excellence and is an influencer with more than 340,000 followers on LinkedIn. In many organizations we are still in thrall to the almighty finance department.
ATLANTA (August 25, 2021) American Software, Inc. million for the same period last year, and Software license revenues were $0.5 million for the same period last year, reflecting our continued transition to the Software as a Service (SaaS) engagement model. Company and Technology. million compared to $0.8 Trinseo S.A.,
Subscribe to SupplyChain Game Changer. Preparing Business for the Digital SupplyChain! We were a global SupplyChain, Logistics and Distribution company. I/T was going to be a source of competitive differentiation. And I/T was going to power the Smart SupplyChain of the future!
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