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SupplyChain Resilience Depends Upon End-to-End Visibility Service companies, where one firm takes over a set of duties that used to be done in-house, is quite common. In supplychain services, the services company plans and executes on behalf of their clients. Orchestration is based on their GEP NEXXE application.
Over the past few years, supplychain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. Demands of quickly securing alternative sources of supply due to market changes, supply shortages and disruptions. Alex Zhong is Director of Product Marketing at GEP.
Few organizations are immune to the effects, which are acutely felt in supplychains — and the more complex they are, the greater the probability of interruptions. The study found that these leaders considered the largest gap to be between supplychain and procurement, citing it as a major issue. Collaboration is Key.
Having an effective supplychain practice has always been a difficult balancing act, even in relatively stable times. The pandemic has exposed flaws in business practices across industries, which have been acutely felt in their supplychain and procurement operations. Gap between supplychain and procurement.
And Logistics Viewpoints has a history of its own supplychain predictions for the year ahead. My colleagues and I will likely publish a detailed list of predictions related to supplychain operations and technology. Shifts in consumer behavior exerted additional pressures on supplychains.
ARC has done research and writing on supplychain collaboration networks. A supplychain collaboration network (SCCN) is a key technology for improved collaboration across an extended supplychain. SCCN solutions provide supplychain visibility and analytics across an extended supplychain.
Alex Zhong, Director Product Marketing at GEP. GEP and the North Carolina State University (NCSU) SupplyChain Resource Cooperative surveyed supplychain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supplychain resilience and optimization.
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 GEP and look at the impact of the SEC’s climate disclosure proposal. For a more resilient supplychain, focus on sustainability.
In the past few decades, an increasing number of organizations have adopted environmental, social and governance ( ESG ) initiatives to help heal the planet as well as to make cost and efficiency improvements in their supplychain and procurement operations. Alex Zhong is Director of Product Marketing at GEP.
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Considering today’s modern online procurement technologies, customers and sellers may interact from all over the globe to compete for goods and services. eAuctions technology can reduce the cost of purchasing products and services by up to 20%. These reductions are substantiated by eAuctions software providers Cimmra.
A new study that the SCRC published with GEP examines the increasing pressure that supplychain executives are getting when it comes to responding to supplychain disruptions. In this study, we explore the primary forms of misalignment that exist between supplychain and procurement executives. (We
When it comes to supplychain management , most ecommerce businesses are prepared for the worst while hoping for the best. Many business owners experienced what a disruptive environment truly feels like when supplychains around the world were challenged during the COVID-19 pandemic. What is supplychain convergence?
Environmental, social, and governance (ESG) and its growing importance in supplychain management is a top priority for global fulfillment managers. ESG supplychain management is critical to maximizing the benefits of omnichannel ecommerce and warehousing and distribution services. Consider the impact in the value chain.
The pandemic has catalyzed supplychain transformation for many global retail enterprises. As a direct outcome, erratic fluctuations in demand have destabilized almost every leg of the global retail supply chain.Today, 96% of retailers are all set to make their supplychains more agile while 90% say they need to be more resilient.
And now on to this week’s logistics news. That assessment comes as a result of 10 months of subdued demand, inventory de-stocking, and high interest rates, the New Jersey-based company said in its “The GEP Global SupplyChain Volatility Index.” That index fell below zero in April to -0.04, from 0.32
But, while chip demand is receding, it is not enough to spell the end of the shortage as supply challenges will likely remain in place into 2023. And now on to this week’s logistics news: McDonald’s is testing a new drive-thru concept. Some retailers are learning to love bulked-up inventories. The largest U.S.
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