This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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. Retrofitting existing infrastructure with energy-efficient technologies further enhances sustainability efforts.
For businesses, DPPs are becoming essential to comply with best practice guidance as well as coming statutory regulations that demand transparency in supplychains. As a result, DPPs are emerging as a straightforward, common sense solution for meeting these needs efficiently. What Components Comprise a Digital Product Passport?
Supplychain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. Healthcare providers are leveraging efficient supplychains to ensure critical supplies reach patients when needed most.
The New and Game-Changing TechnologySolutions Redefining Last-Mile Logistics. From stocking up your fridge with the week’s groceries to purchasing the latest smartphone, the consumer has now been placed at the center of the supplychain as they pull the complete gamut of products to where they reside.
Mobile inventory management is a digital solution that combines a mobile inventory app with cloud-based software to track, manage, and optimize inventory in real-time. Cloud software: Stores and distributes real-time data, producing reports accessible to all team members. Let’s get started!
I seethed as the news stations celebrated supplychain success for the December holidays. The health of the supplychain underpins our economy. When the supplychain is sick, all industries suffer. I find no agency or entity trying to find a holistic solution to global logistics. I am worried.
A supplychain that is transparent with an open configuration can accept the changes that the Internet of Things or IoT will bring. Learn more to get ready for the next wave of communications: the supplychaininternet of things. Please Explain…What is the SupplyChainInternet of Things.
Intelligent supplychain management can reduce costs, improve profitability, and enable competitive advantage for your organization. Artificial intelligence (AI) is becoming more mainstream, and machine-aided purchases, such as voice ordering thru voice assistants like Amazon’s Alexa, are beginning to permeate everyday households.
Supplychaintechnology is a difficult, exhilarating topic to cover in detail. Supplychain managers will focus on several key supplychaintechnology implementations or considerations which will impact consumer spending habits, consumer-business interactions and performance measurement.
Going back to the Industrial Internet of things (IIoT), the use of Internet-connected technology increases risk in manufacturing. Artificial Intelligence Tools Increase in Usefulness and Depth. Everyone seems interested in Blockchain technology in lieu of the crypto-currency craze.
The pandemic wreaked havoc on businesses and their supplychains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supplychain and manage it so they can react quickly when a problem occurs.” But cost reduction is no longer sufficient.
It’s a holistic approach that blends strategic planning, streamlined processes, and the right technology to transform your warehouse into a well-oiled, profit-generating machine. Eight proven optimization strategies, combining technology, best practices, and sustainable solutions. Choose the Right Tech (WMS vs.
Today, nine out of ten supplychains are stuck. Despite two decades of advancement in supplychaintechnologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. Like an artifact, I have kicked around in the supplychain space since the 1980s.
The Internet of Things (IoT) seems to be popping up in more conversations throughout the entire supplychain , and more businesses have turned towards IoT experts for guidance on how to take advantage of its benefits. The Internet radically changed how the world communicates. Automated Data Transfers.
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.
Significant advancements in the Industrial Internet of Things (IIoT) and cloud technologies in recent years has reduced the cost of adopting new technologies and broadening the spectrum of what is available. This is driving manufacturing sector to create more agile supplychains.
A number of analysts believe, in the near future, a symbiotic relationship is going to develop between the supplychain and the Internet of Things (IoT) — sometimes referred to as the Industrial Internet of Things (IIoT). The SupplyChain and the IoT. ”[2]. .”[2] ”[2].
“We live in a world where supplychains, not companies, compete for market dominance. But companies often have diverging incentives and interests from their supplychain partners, so when they independently strive to optimize their individual objectives, the expected result can be compromised. ”. What Is Value?
There have been extensive supplychain disruptions caused by the global coronavirus pandemic. These disruptions have elevated the supplychain function to the boardroom level. It is now understood that supplychain agility is imperative. What is a SupplyChain Collaboration Network.
Warehouse managers must understand why changes of standards and use of the Internet of Things (IoT) are needed and how smart warehouses can meet the demands of today and tomorrow. As the storage space of data has fallen, warehouse managers ’ rationale for avoiding IoT technologies has become even more archaic.
This resounding trial and win signifies a new way shippers will be able to compete in the global market, speeding delivery of international shipments, enhancing existing supplychain operations, and more. In other words, the technology will continue to present challenges until its use becomes a standard in global and domestic trade.
Customer service is more important than ever, and customers expect purchases to arrive at record speeds with free or low-cost shipping, says GlobeCon Freight Systems. As a result, e-commerce will have wide-ranging impacts on supplychain management. Download white paper.
They offer automated data capture solutions – from project planning and development to implementation and ongoing support post-deployment – for thousands of clients all over the country. The OPC Foundation , the interoperability standard for industrial automation, recently reviewed the simplification of integrated ID systems.
Mines are shuttered, capital projects postponed, equipment purchases cancelled, workforces severely trimmed, and cash is squirreled away. Enter technology. In the midst of all this, a profound technological shift is taking place above and under the ground. Yes, not all is peachy and there is still the proverbial “ but ”.
Last week in the middle of a presentation, a supplychain leader made the statement, “We have solved the issues in supply through better optimization and use of data. Many supplychain leaders are so convinced they know the answers that they have stopped listening and learning. The issue is demand.
This level of connectivity will have profound social, political and economic consequences, and increasingly form part of our everyday lives, from the cars we drive and medicines we take, to the jobs we do and the governance systems we live in, to even the business technology systems we use. ” But first, let’s back up a bit.
E-commerce defines the state of global supplychains today. As Amazon continues to push toward dominance of all sales channels, more companies must tap into the power of automation to fulfill more orders. Distribution center robots are a force in the Amazon powerhouse, reports the Association for Advancing Automation.
She explained that she owned a Warehouse Management System, purchased a Proof of Delivery Software as a Service, implemented a licensed-to-use Accounting & Distribution System, deployed a customised online Order Management System and that she is struggling with fragmented data and documents across these systems.
As a writer of research on demand-driven supplychains for over eight years, I find many amusing. The article is written and the story is spun, but the solution offered is a supply-centric solution based on yesterday’s technology. Supplychain leaders feel stuck. Why is this happening?
Tim started his career in supplychain management along with me. After exchanging pleasantries, Tim said he is considering pivoting back into supplychain and wanted my opinion on if the timing is right. b) Drone technologies and driverless cars /trucks are expected to revolutionize logistics as we know them.
Whilst the COVID-19 pandemic spreads across the world, it is vital for organisations to ensure a reliable supply of products and services. Lockdown of cities and manufacturing plants have significantly impacted many industries’ supplychains. Leadership in SupplyChain. Put first things first. Industry 4.0.
Subscribe to SupplyChain Game Changer. Digital SupplyChain Overview! Digital SupplyChain evolve article and permission to publish here provided by Megan R. People often position the digital supplychain as essential for helping today’s businesses succeed. Email Address.
Your company has an older supplychain planning (SCP) system of record (SOR) like SAP APO that was developed in the 1990s. This blog and the complete document (available for download) describes goals, technologies and approaches for getting there. You plan your supplychain to guarantee your service level outcomes.
Technology is constantly changing and efforts to keep up with those changes can be both head-spinning and costly. Nevertheless, there are some technologies that must be adopted in today’s business environment. One of the most important areas for technology investment is the supplychain.
How technology in logistics grew throughout 2016 is not limited to the technology that delivers products or enables better, faster picking processes. Many of these advancements were expected to bring substantial investment into supplychains, and they did just that. How Machines “Talk” Expanded.
As explained by Digital Commerce 360 , the rate of identity theft is on the rise; fraud and counterfeit products are increasingly threatening to undermine legitimate e-commerce supplychains. In the same manner that shopping has evolved in the world of e-commerce, how consumers pay for their purchases must also evolve.
Supplychains for small and medium-sized businesses (SMBs or SMEs) have followed a similar trajectory over the years. Consumers or business owners create a purchase order. With the global supplychain management market expected to reach $37.4 With the global supplychain management market expected to reach $37.4
Innovations in technology are changing how the world does business, and technology is dramatically changing how entities in the logistics industry function in nearly every aspect. Now, it's easy to think of technology as being a manufacturer-only realm. For many smaller shippers, utilizing a TMS was simply out of the question.
Supplychain executives were under pressure to develop more efficient, customer-centric supplychains while finding innovative ways to reduce costs and enable growth. Explore Modern End-to-End SupplyChain for Real Business Growth. Explore Modern End-to-End SupplyChain for Real Business Growth.
When most people think about the Internet of Things (IoT), they envision consumer-level products — usually wearable fitness devices like Fitbits — rather than an array of powerful tools that is transforming industries from manufacturing to healthcare. So, how does the IoT concept translate to the supplychain sector?
He and I went to school together and started our supplychain careers at nearly the same time. I joined a supplychainsoftware company while Gagan joined a large global manufacturer and quickly grew through the ranks to be the vice president of supplychain IT in his company. The result?
I recently hosted a webinar in which our star speaker was Lora Cecere, Founder at SupplyChain Insight. Supplychain management typically does not fit very well with procurement, which is a challenge at the best of times, and can be a disaster in difficult times. As late as the 1990s, supplychains were very local.
Today, fewer and fewer supplychain professionals make the event. To make the event profitable, SAP Insider now combines supplychain, customer relationship management, human resource management, and product life cycle management. I remember attendance for the supplychain event was 5,000. It worries me.
The average SupplyChain management professional measures their SupplyChain by reviewing cost reduction. Is cost reduction all that there is in measuring SupplyChain performance? 3 Key Metrics for Measuring SupplyChain Performance Beyond Cost Reduction. Isn’t time important?
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content