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Editor’s Note: Today’s blog is from Kevin Doubleday who discusses the importance of blockchain within the supplychain. Current SupplyChains don’t operate at the cadence of business. Integrating Blockchain within the SupplyChain could change that. Download white paper.
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.
The frequency of RFP events is only one area that can be improved as shippers look for a better way to manage freight procurement processes. Some items on a shipper’s “Wish List” for freight procurement are flexibility, visibility, and efficiency. Efficiency in freight procurement allows companies to engage in other value-added work.
Since Inauguration Day, the landscape has shifted dramaticallywith new duties, revised agreements, and retaliatory tariffs shaking up supplychains across the globe. These rapid changes are creating uncertainty for logistics professionals, procurement teams, and trade compliance experts who now must monitor updates almost daily.
From humble beginnings in 1919 as a moving company in Jacksonville, Florida, The company has grown into a $600-million globaltransportation, relocation management and logistics company, serving 180 countries with 2,000 employees around the globe. Prior to that, he was Chief Technology and Procurement Officer for Ryder System, Inc.’s
Two major shifts are changing the face of globaltransportation management as we know it: Supplychains are becoming increasingly complex, relying on partners and data beyond the four walls of the enterprise; The very definition of globaltransportation management is broadening and expanding well beyond the traditional TMS scope.
If you are buying widgets, there are many ways to make your purchase, from going to a retail location, ordering online or using a standard procurementsoftwaretool that allows you to order lots of widgets and receive them over a specified period of time. Data rules. Data is critical to decision making.
The supplychain, an integral part of modern commerce, continues to evolve, learning from the impacts of industry trends and global events over the years. Machine learning, at its core, is a technology that allows systems to learn from experience, improve predictions, recommendations, and decisions over time.
If the start and end point of a company’s supplychain followed a straight and narrow path, software solutions would be simple to create. In reality, the supplychain looks more like a freeway interchange filled with twist, turns, and crossing lanes. Anthony Kaly is Sr. Product Launch Manager at LeanLogistics.
One of my favorite quotes from the conference, which I believe sums up the perspective many customers have about GT Nexus, came from Joe Dixon, SVP of SupplyChain at Brooks Brothers: “SAP is our internal ERP system, GT Nexus is our external [supplychain] ERP system.”. Adrian Gonzalez (@talkinlogistics) June 9, 2015.
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 supplychaintechnology providers. a provider of transportation management systems ( TMS ).
The supplychain, an integral part of modern commerce, continues to evolve, learning from the impacts of industry trends and global events over the years. Machine learning, at its core, is a technology that allows systems to learn from experience, improve predictions, recommendations, and decisions over time.
In my previous article on the evolution of transportation management, Driving Value from a Transportation Management Center: Think Global, Act Local , I discussed how transportation best practices were evolving from more rigid, centralized control towers to more flexible and collaborative Transportation Management Centers (TMC).
As companies expand globally through mergers or organic growth, many are faced with the decision of whether or not to combine logistics teams and apply a universal truckload procurement strategy across multiple regions. To obtain the most effective results, best practice requires adaptations to truckload procurement strategies.
Supplychain execution visibility provider project44 announced six capabilities within this providers Movement by project 44 Cloud platform. The technology provider has planned a virtual launch event on March 5 th in order for existing platform customers to view these applications and their capabilities.
The SupplyChain Matters blog provides supplychain management teams a caution regarding a growing demand and supply imbalance for technical development resources associated with transformation programs. For certain industry focused projects, the scheduling of resources is problematic. employers posted 1.1
The SupplyChain Matters blog continues with our annual listing of our most read blog commentaries that were published and of keen interest to our readers during the year 2021. The years of 2020 and 2021 presented unprecedented pandemic and other related challenges to industry and globalsupplychains.
The SupplyChain Matters blog highlights an added dimension to our monthly summary of globalsupplychain activity trending and implications. In a prior published commentary, we provided highlights of March and Q1-2022 global production indices along with their implications. All rights reserved.
One year ago globaltechnology company ABB launched the second stage of its Next Level Strategy. Its high voltage cables transport power further than ever before and its substations stabilize and supply power to a wide range of urban and industrial applications. What are your responsibilities? “I
Intelleflex, a leading provider of on-demand data visibility solutions for supplychains and asset tracking, today announced the Intelleflex CMR-6100, the first fully integrated cellular-enabled, GPS-equipped multi-protocol RFID reader with support for the ISO Class 3 battery assisted passive and EPCglobal C1G2 passive standards.
As companies expand globally through mergers or organic growth, many are faced with the decision whether to combine logistics teams and apply a universal truckload procurement strategy across multiple regions. To obtain the most effective results, best practice requires adaptations to truckload procurement strategies.
The Ferrari Consulting and Research Group shares a Part Three commentary addressing our mid-year assessment of published 2022 Predictions for Industry and GlobalSupplyChains made available at the beginning of 2022, and specifically addressing supplychain cost inflation implications.
Are you interested in Advanced Analytics for your SupplyChain? Manage costs, improve profit: these are the top priorities for supplychain executives today (cf. PwC GlobalSupplyChain Survey). Transportation and Logistics. Executive Insight. Forecasting and planning.
In our prior published SupplyChain Matters commentary, we reviewed and provided some added insights on July’s global manufacturing PMI indices which are pointing to declining globalsupplychain production momentum. State of GlobalTransportation and Logistics. One Perspective. and Europe.
What does a globaltransportation management system (TMS) look like? It’s a question you might be asking as the technology continues to gain ground in the logistics industry. TMS technology that supports the global marketplace has certain attributes that distinguish it from domestic-oriented systems. Early days.
SupplyChain Matters once again provides readers with continued industry evidence of what purposeful investment in supplychain agility, resilience, and timely decision-making capabilities can contribute to positive business performance outcomes. One specific example remains Inditex. All rights reserved.
As companies expand globally through mergers or organic growth, many are faced with the decision of whether or not to combine logistics teams and apply a universal truckload procurement strategy across multiple regions. To obtain the most effective results, best practice requires adaptations to truckload procurement strategies.
The Ferrari Consulting and Research Group through its affiliate the SupplyChain Matters blog unveils a summarized overview of our annual prediction themes for industry and globalsupplychains for the year 2023 and beyond.
The SupplyChain Matters blog highlights February global manufacturing and supplychain indices and challenges relative to product demand and supply network imbalance levels in the first quarter of 2022. GlobalSupplyChain Pressures Index. Federal Bank of New York.
The Ferrari Consulting and Research Group shares a Part Two commentary addressing our mid-year assessment of previously published 2022 Predictions for Industry and GlobalSupplyChains published at the beginning of 2022. Restoring More Direct Control in Materials Sourcing. Geo-Political and Hybrid Government Policy Dimensions.
As businesses report their financial performance for the first quarter of 2022, SupplyChain Matters continues with highlights of select bellwether firms that can be considered a relatively good indicator of ongoing industry supplychain challenges and how senior executives are anticipating some forms of stability.
SupplyChain Matters updates readers on yet another turnabout in supplychain and customer service direction for a once high flyer in premium interactive fitness equipment and services. In our last SupplyChain Matters update related to Peloton in mid-July , we highlighted the announced reversal of a U.S.
Knowledge is power in the world of supplychain management, and every company is searching for the next best way to save money and meet consumer demand. That’s why we’ve created this list of the top logistics and supplychain journalists and thought leaders that we follow and suggest you check out in 2020. . Paul Abbott.
What does a globaltransportation management system (TMS) look like? It’s a question you might be asking as the technology continues to gain ground in the logistics industry. TMS technology that supports the global marketplace has certain attributes that distinguish it from domestic-oriented systems. Early days.
The SupplyChain Matters blog provides what is likely to be a final commentary of the year 2023, now amounting to in excess of 270 authored commentaries. We first want to express to all of our global-wide readers our best wishes for a prosperous and rewarding new calendar year, and soon, a new Lunar New Year.
The following seven stories will recap business moves, innovative ideas, and industry insight to guide supplychain professionals into the launch of the next quarter. Current plans foresee a FourKites X pilot within the next few months, whereas the complete tool will be available before the end of 2022. .
SupplyChain Matters highlights for readers a published report noting how various manufacturers are seeking and establishing added resiliency and control of component and production networks. That would include alternatives to China under the umbrella of China Plus sourcing. We pointed out that in 2022, more U.S. billion in September.
What does a globaltransportation management system (TMS) look like? It’s a question you might be asking as the technology continues to gain ground in the logistics industry. TMS technology that supports the global marketplace has certain attributes that distinguish it from domestic-oriented systems. Early days.
What does a globaltransportation management system (TMS) look like? It’s a question you might be asking as the technology continues to gain ground in the logistics industry. TMS technology that supports the global marketplace has certain attributes that distinguish it from domestic-oriented systems. Early days.
In this SupplyChain Matters editorial commentary, we reflect on the ongoing Russia and Ukraine conflict, the implications for industry supplychains, and perhaps right now, a need for all to pause and reflect. Ukraine is a recognized center of IT outsourcing and information technology development.
SupplyChain Trends in 2016: A Year of Defining Change.Transportfolio by C.H. It’s been a big year for the transportation industry. This is in large part driven by supplychain visibility needs and technology changes. Year of Global Revolution. Year of Ecommerce. This year’s Cyber Monday proved that.
In this SupplyChain Matters editorial commentary we highlight yesterday’s action by the U.S. Federal Reserve to initiate heightened interest rates in the coming months, and the implications to industry supplychains. Industry SupplyChain Implications.
In this SupplyChain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .
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