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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. The reason?
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.
Mike Carroll, a vice president at Georgia-Pacific, and Ron Norris, director of innovation at GP While Generative AI has sparked great excitement, a form of artificial intelligence called Causal AI might offer much greater potential. Georgia-Pacific (GP) has demonstrated an application of Causal AI to dramatically improve touchless commerce.
And how can supplychain planning help? In one project, I am interviewing over fifty supplychain leaders on their perceived impact of advanced planning, what makes a good plan, and how effectively they use the technology. I am also writing the new edition of the SupplyChains to Admire. Focus on Value.
Self-congratulations notes abounded this week as vendor-after-vendor shared their rankings on the Gartner Magic Quadrant for SupplyChain Planning. I believe that the Gartner Magic Quadrant is a barrier to progress in supplychain planning, and that vendors that rally in support have a false sense of superiority.
In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supplychain excellence. In my post Mea Culpa, I reference my work with the Gartner SupplyChain Hierarchy of Metrics. ” Let’s face it all supplychains have error.
The Connected SupplyChain. Drip Digital SupplyChain. Autonomous SupplyChain Planning. Self-Healing SupplyChains. Touchless SupplyChains. Small companies outperform large companies, and the marquee customers of major supplychain planning technology providers underperform.
Supplychains have experienced significant disruptions in the first half of 2022, from a global pandemic to wars, rising fuel costs, and a potential recession. Passing costs onto consumers is often not viable and, in some cases, has already occurred due to supplychain shortages. Ease of use is also essential.
states, obvious disruptions to supplychains and supplychain risk management were a given. Many of the states affected contained key ports and supply destinations, as well as transportation and logistics hubs. The human links of the supplychain were stressed. These ports accounted for 18.3%
Trey Closson is the Co-founder and CEO at Amplio, an Atlanta based tech firm builds supplychain resilience for electronics manufacturers. Trey and his Co-founder Taha Zinifi started Amplio in Summer 2021 to help solve one of the most critical supply challenges facing the industry. Access diverse sources of supply.
Global supplychains are built on three assumptions: rational government policy, availability of transportation resources, and low variability. Supplychain leaders have little history to use as a guide to prepare. Before the pandemic, supplychain leaders experienced relatively free trade across borders in 2017.
MODEX is the leading trade show for supplychain, logistics, and material handling solutions in North America. MODEX 2024, held in Atlanta, Georgia, from March 11 to 14, attracted more than 35,000 attendees and featured over 150 educational sessions, keynote speakers, and networking events.
In business conversations, the term supplychain excellence rolls off the tongue frequently in meetings, but what does it mean? Supplychain excellence is harder to define than to say. We designed the SupplyChains to Admire Methodology to help companies define supplychain excellence.
Based on the work with Georgia Tech, we are getting clear on which metrics matter by industry. The layers of the outside-in process surround the traditional supplychain planning applications shown in blue. Then take an inventory of all the sources of channel data in the organization. Outside-in Planning Taxonomy 2.
Building SupplyChain Resiliency with Richard Sharpe. Richard Sharpe and Joe Lynch discuss building supplychain resiliency. Because of the supplychain disruptions caused by the COVID 19, companies have a renewed interest in improving supplychain resiliency. About Richard Sharpe.
However, if your role is managing the movement of widgets from point A to point B, or multiple points, the freight procurement task before you can be labor intensive and time consuming — unless you use a technology solution specifically designed for transportation sourcing. Freight is unique. Relationships matter.
In my Logistics Viewpoints article in April 2021, Building Profitability with Agility while Digitally Transforming the SupplyChain , I mentioned that we will continue to explore here the concrete steps in the digital journey and examples of determination from the top in addition to logistics operations. The payoff is well worth it.
Today’s guest post comes from Brian Jacobs and Vinod Singhal, who present the results of their recent research on social issues in global textile supplychains. The scale of this tragedy increased awareness of the risks and costs of sourcing from low-cost countries. Jacobs, B., & Singhal, V. 2017.01.002.
I thought I understood all the major supplychain implications of the pandemic until I began reading Yossi Sheffi’s new book The New (Ab)Normal: Reshaping Business and SupplyChain Strategy beyond Covid-19. The potential supplychain impacts of this conflict dwarf any other supplychain news that might be reported.
In a project that I am currently working on with Georgia Tech, I had a bet that the research assistants would not find a clear definition in the literature. Value networks, like many supplychain terms, are used frequently, but lack definition. The term network is used frequently, but without definition. Technology Evolution.
MODEX 2024, one of the largest supplychain trade shows in the USA, held at the sprawling Georgia World Congress Center, brought together supplychain professionals from around the world to explore the latest trends and innovations shaping the industry.
The value of peer-to-peer learning and networking was evident at last month’s Ryder Innovate conference — “an exclusive gathering of senior leaders in transportation, logistics, and supplychain seeking strategic insight, new ideas, and thought leadership to improve their supplychain and fleet operations.”
Each industry has its peculiarities, among the others, in the logistics, manufacturing, and supply. The cloud-based supplychain software can be customized to suit your industry, your transportation , freight-forwarding and warehousing specialty, import-export regulations. Helen works and lives in Atlanta, Georgia.
The global supplychain is facing a perfect storm of challenges, and dealing with it, according to GE CEO Larry Culp , “really is akin to playing Whac-A-Mole.” And the current global supplychain disruptions may be sticking around longer than we might think. As one headache is eased, another pops up. Production Execution.
Seldom, if ever, has the global supplychain received so much attention as it did in 2021. Some critics have called for a complete overhaul of the global supplychain, insisting current operations can’t be fixed. SupplyChain Trends. Digital SupplyChain Transformation.
The first lesson supplychain professionals learned at the outset of the pandemic was the importance of resilience. The second lesson was equally important — supplychains must be agile. At the same time, 60% admit that their supplychains have not been designed for resilience, but cost-efficiency.
The onslaught of COVID put pressure on many supplychains, including fashion. In addition, COVID revealed the need for increased downstream fortification as sources — from growers to spinners to mills — became less reliable. Then came the moment of stark clarity, interestingly enough in numerical form: 406-3. (No,
Last January, I shared 5 New Year’s Resolutions for supplychain and logistics executives to improve as leaders. As I wrote last year: According to leadership expert Ken Blanchard, “when you stop learning, you stop leading,” and this is especially true in supplychain management.
The connective tissue of the circular economy is the supplychain. As MIT academics Alexis Bateman, Eva Ponce, and Inma Borrella, explain, “Circular supplychains are at the heart of efforts to tackle the massive environmental problems created by waste and end-of-life products.”[2]. That’s a tall order. Procurement.
He has built and led successful global supplychain teams that have delivered sustainable bottom line results for Fortune 500 companies. Jon led the largest B2B Network Network allow a company to connect and transact effectively with their supplychain partners. Jon has extensive software and technology experience.
The suddenness of the pandemic has many business leaders in virtually every industry pausing to reflect their supplychain management: Do I have the systems in place to continue business operations now and in the future? Supplychain management. A poignant example is with PPE and protective supplies.
Additional SupplyChain Matters Perspectives In a published posting in October, SupplyChain Matters highlighted reports of an ongoing price war occurring among both FedEx and UPS occurring during the current holiday fulfillment period. All rights reserved.
They’ve ramped up their medical manufacturing output in ways that will benefit not only their home state of Georgia, but the entire country. This of course means that it must sourcesupplies from carefully vetted and approved vendors. Ramping Up Production to Unprecedented Levels.
They were introduced to the public in July 1986; the first machine, produced by CheckRobot, was installed in a Kroger store near Atlanta, Georgia.” Humble at Deerfield Beach, Florida-based company CheckRobot Inc., with NCR Corporation having the largest market share. She explains: “ You still have to wait in line.
These developments impact Original Equipment Manufacturers, both at strategic level and at operational level within their supplychains. Together with service provider Arvato, SupplyChain Movement has created a mindmap outlining the route for high-tech supplychains, including road signs indicating potential hazards along the way. >>Please
Such huge pressure on sales is also dragging the supplychain department(s) towards an ever-higher service level. Mindmap SupplyChain Execution 24/7. South Georgia and The South Sandwich Islands. To ensure successful supplychain execution, the company must take these external developments into account: Plan.
Domestic Package, International Package, and SupplyChain and Freight. The latest addition to this portfolio includes LTL and truckload freight services, which complements UPS’s global capabilities to provide customers a single source for multiple modes of transportation. had $54.1B in sales in 2012.
SupplyChain Matters provides highlights and added perspectives relative to this weeks announcement from adaptive supplychain planning technology provider ketteQ regarding its new product release which is named Dubai.
The SupplyChain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute sourcing strategies like the world's leading companies. Cons: It focuses heavily on sourcing or purchasing which is one function under integrated logistics management.
Bernardes is a professor and coordinator of the Global SupplyChain Management program at West Virginia University. He is an expert in process transformation and supply networks innovation. And He is also one of the authors of the recently released book, Digital Supply Networks. The dynamics of a DSN.
SupplyChain Matters features our latest full edition of This Week in SupplyChain Management Tech , a compilation of funding, partnership and other noteworthy financial announcements related to supplychain technology providers. Our last full edition of this column was published on July 10.
In this October 10, 2023 2023 edition of SupplyChain Matters This Week in SupplyChain Technology we provide our capsule highlights of investments announced by supplychain management focused tech providers. with more than 75 locations in Alabama, Florida, Georgia, North Carolina , and South Carolina.
As the nation’s supplychain challenges continue, one Georgia logistics company is quietly expanding its footprint to help calm the chaos. This pioneering technology also will help CargoBarn deliver more loads, source more reliable and cost-competitive carriers, and improve visibility for its customers and employees, Baird said.
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