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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 adoption of AI in supplychainautomation is enabling companies to make more accurate decisions, reduce cycle times, and better manage complexity. AI in supplychainautomation is gradually reshaping how core functions operate, particularly in procurement, warehousing, and logistics.
Colin Masson, ARC Advisory Groups expert on Industrial AI. The industrial sectorparticularly supplychain management, is facing unprecedented complexity. While Generative AI (GenAI) has shown promise, its limitations in planning, workflow automation, and dynamic adaptation necessitate a more sophisticated approach.
The new year has arrived and so has the new wave of noteworthy news coming out of the supplychain space. A first-of-its-kind research project was published by the FAIRR Initiative, addressing human rights violations and overfishing in the seafood supplychain. As the year marches on, you can count on weekly updates here!
Supplychains, which facilitate the movement of products from manufacturers to consumers, have historically encountered issues such as inefficiency, fraud, and a lack of transparency. Companies find it difficult to fully trust the data from suppliers, complicating efforts to ensure product authenticity, safety, and ethical sourcing.
Collin Masson, Director of Research at ARC Advisory Group. All supplychain vendors seek to position themselves as leaders in supplychain AI. Edge Hardware: The battle for edge hardware also intensified in 2024, as companies sought to deploy AI capabilities closer to the source of data.
India’s growth story can continue if it streamlines and effectively manages its supplychain like the iconic dairy brand Amul that recently entered the US market. Amul’s supplychain model is a well-structured and decentralized cooperative framework that focuses on efficiency and farmer welfare.
I find that most companies’ understanding of supplychain planning is immature, and that next week, at the Gartner SupplyChain Summit in Orlando, that many will don their Mickey ears to discuss what I consider outdated supplychain planning models. How can I improve the process of software selection?
Technology can change or even improve work. Companies today making a fundamental mistake: they are attempting to automate current processes with AI versus challenging and redefining work. Today, in supplychain planning, this could not be further from reality. What’s missing? This bearish attitude is well-founded.
As the logistics technology sector continues to mature, the number of tools, solutions and platforms that supplychain stakeholders are using (juggling?) Likewise, the use of multiple tools and systems (for now) means effective integration is becoming more and more crucial. are growing too.
For years, supplychains were engineered to be lean. Reducing cost was the primary objective, and most operational decisionsfrom sourcing to fulfillmentreflected that mindset. Recent years have brought a series of disruptions that exposed vulnerabilities in how supplychains are designed.
Bob Gill, General Manager of ARC Advisory Group (right), presented the award to Dave Ching, Head of Sales for Southeast Asia, Australia, and New Zealand (left). Together, the two events bridged operational technologies with strategic insights, offering attendees a well-rounded perspective on the industrys future direction.
Harvard Business Review recently published an article, “ To Build Resilience, CEOs Need to Become Supply-Chain Experts ”. In this article, we wanted to discuss one aspect of supplychain that is often not given enough attention – building strategic relationships and shared value with direct spend suppliers.
Home No More Black Swans: The Age of SupplyChain Uncertainty Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. – Paolo Galli, VP Group Logistics Operations at Electrolux.
As a supplychain executive, picture beginning your day with a cup of coffee when a news alert notifies you of newly imposed tariffs affecting your primary suppliers in China. Companies leaning heavily on global sourcing? Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos.
Why can’t we put the same energy that we put into inventing new words, tossing around acronyms, and parading on a stage to advocate for maturity models to improve supplychains? Supplychain concepts follow hype cycles. They both exist in supplychain circles. Do we have the right narrative?
Optimizing fulfillment requires a series of steps to get a shipment from its source to the end customer. These steps include sourcing and receiving inventory, storing inventory, order processing, picking and packing an order, shipping the order, and returns management.
Fictiv , a global supplychaintechnology company, announced that it has entered into an agreement to be acquired by MISUMIGroup Inc., These events are exposing traditional manufacturing and supplychain methods that are expensive, inefficient, and opaque, creating inordinate risk in building and scaling products.
ARC Advisory Group began conducting formalized research on the global warehouse automation market in 2014. We define the market as those warehouse automation providers responsible for delivery of the system to the end-user (to eliminate double-counting). Looking back, I estimated the market in 2013 at $6.4 billion in 2019.
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.
As global supplychains continue to tackle ongoing disruptions, one major headwind that most organizations are faced with is the inflationary environment we are living through. The key to this lies with sourcing. Before diving further, let us define what sourcing is. Digitalizing sourcing (i.e.,
SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions. The Warner Music Group was an early adopter. It is a brilliant tool.”
This week in supplychain and logistics news includes Blue Yonder being selected to support Border States, an electrical distribution company, with their warehouse management needs. The CEO said this is “not just an ERP upgrade to the next set of software”, but “building a complete data infrastructure across the company.”
Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. Click here!
Are you making an action plan of all the things you could do better and faster with your supplychain planning software when the next global crisis hits? The disruption we’ve seen in supplychain planning as a result of the pandemic is unprecedented.
Consequently, everyone asserts they are utilizing AI, and those in the supplychain world are no exception. How will it address “the world hunger problem” in supplychains, particularly in the context of supplychain planning? How can AI contribute to end-to-end decision automation?
In this article, we break down the differences between procurement and purchasing, explain why the distinction matters, and explore how technology can align both functions to drive efficiency, compliance, and long-term value. Technology unifies procurement and purchasing, improving visibility, compliance, and workflow automation.
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.
In December of 2019, the global grocery retailer Ahold Delhaize announced it was investing $480 million to transform and expand its US supplychain operations to support a strategy to transition the supplychain network into a fully-integrated, self-distribution model. Sources of Efficiency.
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.
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.
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.
It starts with your first form of Automation, Warehouse Management. As anyone who’s experienced change in supplychaintechnology over the past five-to-ten years can attest, we’ve come a long way, baby. Warehouse management software ( WMS ) is the foundation of a smooth-running supplychain operation.
” Dragons are a good analogy for the risks faced by supplychains. No one can say for sure what dragons lie ahead in 2025 for supplychains, but some risks are known. Navigating this years looming risks to build a secure supply network has never been more critical.[1] ”[3] Climate Change.
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. The groups themselves were non-homogeneous with people of different ages and interests.
Enterprise IT is on the cusp of a transformation the likes of which we havent seen since the transition to Software-as-a-Service (SaaS). In fact, Id argue this transition to what is increasingly being dubbed Service-as-Software has more profound implications for industries and workforces than anything thats come before.
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?
Over the last two decades, there has been a significant focus on increasing the speed of supplychain planning solutions. Technology advancements in hardware, cloud, and in-memory computing fueled this increase, followed by the boost from automation, machine learning, and AI.
Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supplychain resilience. Background The Council of SupplyChain Resilience met for the first time this month. What is supplychain resilience? The reason?
Wikipedia Unleashing the Contrarian Here are my thoughts this morning over coffee: Gartner Top 25: Really A Celebration of SupplyChain Leadership? Designed to lift the profession and celebrate supplychain results, I struggle to find that the methodology supports either objective. Is this success? I don’t think so.
Let’s just come right out and say it – without the ability to capture, aggregate, and understand your supplychain data, you have gray area within your organization. Yet, the money was spent, and the technology is now in place. How can you make it all work together and build a better supplychain business, fast?
Michael Jacobs, Senior Vice President SupplyChain, Ferguson. Mr. Jacobs is the senior vice president for supplychain at Ferguson. While nominally a distributor, “supplychain management is our core competency. In particular, Ferguson’s supplychain is built for speed and to provide high service levels.
Supply management. Supplychain management. Supplychain planning. The lack of interoperability between decision support platforms is a problem for companies attempting to improve decisions from the channel to supplier bi-directionally through technology. Are these terms the same? The answer is no.
The Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG) reported stellar results once again last Wednesday (December 1st). Descartes is a software-as-a-service provider of logistics solutions. Mr. Ryan provided the best, most succinct explanation of the supplychain crises I have seen. So, there was supplychain disruption.
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