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The logistics and supplychain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Businesses face heightened uncertainty in managing costs and securing stable energy supplies.
Supplychain sustainability is increasingly important for companies facing expectations from investors, regulators, customers, and employees. Integrating ESG across supplychains presents clear operational and strategic challenges that require focused attention. Data collection and verification remain areas of concern.
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.
Historically, supplychain leaders managed supplychains in a world of abundance. There are many factors: war, supply shortages, climate change, labor (knowledge and availability), and shifts in governmental regulation. Functional metrics align to bonus incentives, but progress in supplychains remains evasive.
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.
If you’re exploring procurement technology, chances are you’re not just looking for a better tool – rather, you’re looking for a smarter, scalable strategy. AI, automation, and generative tools are redefining efficiency, allowing procurement teams to move from reactive to proactive decision-making.
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.
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. Each saw the need to change and not dwell on the loss of the position as they knew it, but to embrace the potential of new opportunities stemming from the technology inflection.
The global supplychain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global SupplyChain Pressure Index fell to the lowest level since November 2008. Over the past three years, supplychain cycles shifted.
The Covid-19 pandemic tested the global supplychain. Like riding a bumpy road, the supplychain leader is riding the ups and downs of changing market conditions facing greater variability day-to-day. Here, based on interviews with supplychain leaders, I share lessons learned. It will not be over soon.
Covid has also revealed issues like the frailties in many areas of global supplychain: shortages created when raw material needed to complete a product are stuck at a border, and the pandemic holds those materials indefinitely. The topic was “leveraging technology to achieve operational excellence”.
Institute supplychaingovernance fueled by data that only a modern platform can offer. When it comes to supplychain sustainability, responsible organizations don’t just talk – they act by creating a governance structure. Governance of your supplychain is not the same as managing it.
In this type of environment, traditional procurement software and manual processes are insufficient – and many procurement teams are looking to artificial intelligence (AI) for answers. Without the right tools, it’s difficult to properly vet vendors or catch the early warning signs of potential fraud or other issues.
Do Invest in Distributor Capability Building : Provide training, digital tools, and performance incentives. Do Set Clear KPIs and Governance Structures : Establish transparent metrics for sales, coverage, and service levels. A well-equipped distributor is an extension of your brand and a key to market penetration.
Life for the supplychain leader is more complex. We are living in a world of rich supplychain case studies. Each day, the Wall Street Journal features a supplychain failure as front-page news. Traditional processes accelerate the bullwhip impact leaving leaders chained and forced into reactive behavior.
Environmental, social, and governance (ESG) priorities impact every facet of business and will determine the market leaders of tomorrow. Oracle’s recent global survey, No Planet B: How Can Businesses and Technology Help Save the World? These include: Challenges getting ESG metrics from suppliers, partners, and other third parties.
As supplychains become more interconnected and risks more dynamic, traditional procurement tools fall short. In this blog, you’ll learn what AI agents are, how they differ from traditional procurement software, where they deliver real-world impact, and how to overcome adoption challenges.
As supplychains become more interconnected and risks more dynamic, traditional procurement tools fall short. In this blog, you’ll learn what AI agents are, how they differ from traditional procurement software, where they deliver real-world impact, and how to overcome adoption challenges.
Unfortunately, outdated tools and fragmented processes make it difficult to maintain visibility across the supplychain and adapt at the pace of business. AI and automation boost procurement’s strategic impact, helping teams reduce risk, ensure compliance, and forecast spend.
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.
At the SupplyChain Global Summit 2018 , Francois discussed the impact of digitalization, Industry 4.0, and L’Oréal’s approach to business that has allowed the company to continuously rank as a SupplyChains to Admire winner for four consecutive years. SupplyChains to Admire Methodology.
Let me start by saying that t he process is not a panacea to solve all supplychain ills. Clear operating strategy and definition of supplychain excellence across plan, source, make and deliver. There is a clear definition of the role of the supplychain in the delivery of value. Governance.
Megatrends Shaping SupplyChain Innovation. While the COVID-19 pandemic woke up supplychains around the world, the ripple effects continue to disrupt in both size and scope. How are supplychains planning for further disruption and uncertainty? Creating a more resilient supplychain.
If you’re evaluating procurement technology or exploring ways to drive more value from existing systems, chances are you’re looking beyond tactical fixes – you want a smarter, scalable strategy. A fragmented approach that lacks the infrastructure, integration, or automation for supporting repeatable, enterprise-wide analysis.
When I started my business in 2012, I frequently wrote about the future using the moniker of SupplyChain 2020. We had just recovered from a recession, and my goal was to help supplychain leaders create a better supplychain by the end of the decade. At that time, SupplyChain 2020 seemed so far away.
Digital Twin from Infor Nexus Drives SupplyChain Agility. When it comes to driving supplychain agility there are several solutions that are important, but the key solution is a Multi-enterprise SupplyChain Network (MSCN). But even in more normal times, a supply plan usually can’t be fully executed.
User adoption is a challenge that often arises during the rollout of supplychain analytics solutions. A lot of IT departments traditionally charged with rolling out supplychain analytics tools run into the same challenges, such as: How do we train users on this new application? Cross-Departmental Dashboards.
If you have walked in the shoes of the supplychain leader, you are probably laughing by now. In the work, I listen to existing processes to provide feedback, ideate with the team on potential improvement, share advice on the fit of technologies, and network leaders to leaders to gain additional insights. Sounds easy, right?
When reviewing strategy decks for supplychain teams, I often see statements like “move from a functional-silo’d focus to a drive a more holistic response.” Companies became less clear on the definition of supplychain excellence and how to implement decision support technologies.
The high-flying company had no clarity of purpose or clear governance, but the funds kept coming. Clear governance. I asked companies to “Navigate through the hype focusing on the feasibility of scope and technology.” Today, the multi-tier capabilities for supplychain management are coming from the born-again marketplaces.
How to Reduce Carbon Emissions in Your SupplyChain 1. Supplier Integration and Collaboration Building relationships with suppliers who are committed to sustainability is key to reducing your supplychain carbon footprint. These will require thinking through your specific supplychain, resources and organisation.
Make no mistake: AI is indeed a once-in-a-generation technological paradigm shift and a transformative force for business reinvention. I was speaking with the Chief SupplyChain Officer at one of the world’s largest CPG companies. Metrics are critical as well. But AI is no panacea.
Supplychain leaders will face 2018 with uncertainty and opportunity. Digital technologies are becoming more prevalent in basic supplychain functions, and changes in legislation are likely to spur dramatic changes that will result in the need to reevaluate supplychain strategy in both domestic and international locations.
In the last six months, in my travels, I have presented to supplychain teams in China, Belgium, France, Germany, Peru, Mexico, Netherlands, South Africa, Singapore, and the United Kingdom. I strongly feel that if I am going to cover the global supplychain that I need to experience it. A Personal Reflection.
In todays rapidly shifting business landscape, supplychain evolution has become essential. The goalposts are constantly moving due to factors like global disruptions, technological advancements, and evolving customer demands. Benefits of resilient supplychains include: Improved Agility: Respond quickly to market changes.
Driving Sustainable Growth Through SupplyChain Resilience. Every industry sector and every business across the board, in APAC and around the globe have been impacted by the Great SupplyChain Disruption over the last two years, causing a blow out of transportation costs and continuous delays at every stage of the channel.
Several top executives laid out Infor’s strategy for differentiating their solutions based on their technology, product development, and customer service. billion for 2024, is the third largest supplier of enterprise resource planning software applications. However, each user has their own instance of the software.
Teaming up with ToolsGroup, the Italian frozen seafood company chooses AI to advance its supplychain processes and guarantee a superior consumer experience. D.I.MAR holds itself to the highest standard when it comes to the quality of our products,” said Alessandro Evandri, SupplyChain Manager. “We
Operating with razor-thin margins and relentless customer expectations, supply-chain leaders are under immense pressure to deliver faster, smarter, and more reliable warehouse operations. Companies that invest strategically in warehouse automation reap transformative benefits. Average spend on materials-handling equipment is $1.46
Knowledge Graphs are emerging as an important tool for building advanced AI capabilities. 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. The chemical industry has a complex supplychain.
A large multinational is undergoing an impressive supplychain transformation that will run through 2023. A Complex SupplyChain. Not surprisingly a company this big, delivering different solutions to a variety of industries, has a complex supplychain. Comand and Control Center Application from Kinaxis.
The supplychain landscape is undergoing rapid transformation, driven by technological advancements and evolving leadership paradigms. technologies are significantly improving resilience and operational efficiency. Artificial intelligence is revolutionizing supplychain operations at an unprecedented pace.
From just being environmentally friendly, it has become a holistic framework that encompasses the environment, social and corporate governance. The responsibility of sustainability is no longer limited to the individual, but it extends to corporations, industries and even governments. pandemic response.
In 2025, the Chief Operating Officer (COO) is no longer just the steward of operationsthey are the architect of resilience, agility, and growth in a world where supplychain disruption is the norm. Key Responsibilities: Oversee the entire supplychain to maximize efficiency and avoid cost overruns.
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