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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!
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. Addressing Energy Challenges in Logistics The logistics sector is a significant contributor to greenhouse gas emissions.
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.
The modern supplychain is a complex network of suppliers, manufacturers, distributors, and customers, all interconnected and reliant on a shared ecosystem of trust and accountability. As industries evolve and global markets expand, ethical considerations have become central to supplychain compliance.
In an increasingly competitive logistics landscape, these capabilities allow companies to remain agile and cost-effective. Enhanced Efficiency Through Real-Time Data Connected vehicle technology drives efficiency improvements across route planning, driver safety, maintenance, and fuel management.
However, as carbon taxes and emissions reporting requirements continue increasing, supplychain professionals face mounting pressures from inside and outside their organizations to measure and improve performance against new, nebulous sustainability metrics. Sustainability is high on the list of favorite corporate buzzwords.
In most industries, supplychains have become increasingly complex. As a result, many organizations are moving toward supplychain orchestration as a structured method for improving coordination. Collaborative Workflows Supplychains involve many teams and companies working toward the same outcome.
Open Sky Group, a global leader in supplychain execution solutions, has announced a strategic partnership with Easy Metrics , a premier provider of labor management and warehouse performance management solutions.
According to research by Ernst & Young LLP, the global consulting firm, as the Covid crisis recedes, supplychain executives are losing the strategic gains they made with their C-suite counterparts. 28% of supplychain leaders cite cost reduction as one of the top three priorities currently.
Five years ago, we all thought the COVID-19 pandemic resulted in the most disrupted supplychain landscape we would ever see. Since then, supplychain disruptions and volatility have only increased. We were wrong. Tensions flare in the Middle East without warning. With the global e-commerce market predicted to reach $8.1
With freight transport accounting for a significant share of global emissions, efforts to improve logistics now extend beyond operational metrics to include resilience, regulatory compliance, and climate performance. AI is playing an increasingly pragmatic role in optimizing supplychain operations.
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.
Frederic Laluyaux, the CEO of Aera Technology, agrees with this assessment. In the supplychain arena, the need to make course corrections is exploding. Mr. Masson of ARC points out, “Each AI use case requires specific datasets and may necessitate different tools and techniques.” Business cycles are compressing.
An organization with tens of thousands of different products may have to move them across many modes of transportation, IT systems, and third-party logistics partners, all adding to complexity, as well as loss of visibility and control. The ability to meet fulfillment goals is impeded by several issues.
For years, supplychains were engineered to be lean. Recent years have brought a series of disruptions that exposed vulnerabilities in how supplychains are designed. Recent years have brought a series of disruptions that exposed vulnerabilities in how supplychains are designed.
This requires a thorough readiness assessment, selection of appropriate technology, and careful integration with existing business processes. It is crucial to assess the organization’s technological infrastructure, supplychain processes, and compliance frameworks to ensure they are aligned with DPP requirements.
Josh is the Co-Founder of Launch Fulfillment, LaunchPath Logistics, and RocketFuel Parcel Recharge. They recognized that many other 3PLs would have the same problem, so they created RocketFuel , a recharge metering system that ensures upfront payments for every shipment with an automated metering system.
Procurement and supplychain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. In this blog, we cover the key differences between procurement and supplychain management, and explain where the biggest disconnects typically occur.
He leads a team of market experts who study every facet of the logistics industry to bring the best available insight to customers. He was named a Pro to Know in 2021 by Supply and Demand Chain Executive. Prior to his career in logistics, Adamo worked in pricing and analytics at a deregulated energy provider.
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.
Already upended for two years by the COVID-19 pandemic, the worldwide logistics industry is facing new challenges. While demand is high, ongoing product shortages continue to cause supplychain disruptions, create unpredictable shopping behaviors and drive rapid delivery expectations.
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.
As supplychains become more impacted by market disruptions and unpredictable events, they’re also becoming more critical to a company’s customer experience levels and bottom line. Why Monitor Transportation Metrics. Why Monitor Transportation Metrics. Actionable data is one of the most critical business drivers.
Supporting hypergrowth while reducing supplychainlogistics emissions is not an easy feat. In the early 2020s, Microsoft’s transportation and logistics team needed to meet growing demand for cloud services while managing carbon, cost and cycle time. Microsoft’s transportation is outsourced to carrier partners.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
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.
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.
Supplychain is an industry slow to change. Large shippers still use Excel spreadsheets to plan their operations, and even the most beneficial logisticstechnology is sometimes looked at warily. Supplychaintechnology that is “beyond TMS” adds an array of necessary components.
The vehicle deployments are expected to lower emissions by 7,052 metric tons of greenhouse gas (GHG) emissions annually, equivalent to 1,533 passenger cars removed from the road. I thought this was a very topical introduction to this week’s SupplyChain and logistics news Canadian Railroad Work Stoppage Threatens U.S
During my current supplychain planning market research, I have received briefings from several SCP companies. The people who work with us are those who really, truly believe in what we believed in from the start, that is, autonomous supplychains are possible. Solvoyo has a metric they call the user acceptance rate.
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.
As logistics leaders face growing pressure, from tighter delivery windows to environmental mandates, geopolitical instability, and driver shortages, one technology is proving to be a game changer: V2X (Vehicle-to-Everything) communication. What Is V2X and Why Should Logistics Teams Care?
Ever feel like your supplychain is a tangled mess of spreadsheets, frantic phone calls, and last-minute scrambles? It’s the key to transforming your supplychain from a source of frustration into a well-oiled, profit-generating machine. You’re not alone. That’s where data analytics comes in.
Supplychain leaders today are bombarded with noiseconstant chatter about AI, rising complexity, uncertainty, disruptions, trade policies, and geopolitics. Simultaneously, the landscape of supplychain planning is shifting due to both rapid advancements in technology and workforce changes.
Samuel Parker and Joe Lynch discuss DAT iQ: the metrics that matter. This segment is in the growth stage of its evolution, serving large enterprise brands and their Logistics, Procurement and SupplyChain teams. Source capacity with precision using supply and demand metrics and forecasts.
Recognized as a leader in her field, Erika has been honored with the CISO’s Top 100 Accelerated CISOs Award (A100) and the 2024 Women in SupplyChain Award in the DEI Pioneer category. Erika holds a Ph.D.
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?
“May you live in interesting times,” widely attributed as a Chinese curse, some claim this as a blessing; whichever side you take, this is exactly what’s happening in the supplychain world since 2020, and it looks like we will be living with this blessing/curse for a while longer. Emerging Themes for SupplyChain Planning.
It’s exciting and chaotic, but without the right tools, it can turn into a logistical nightmare. Enter shipment management software—a lifesaver for businesses looking to streamline their shipping processes and maintain their sanity. Increased Efficiency : Automate repetitive tasks like label printing and order tracking.
In a major advancement for global supplychaintechnology, project44 has launched Movement, a comprehensive Decision Intelligence Platform that transforms how businesses manage their supplychains. The platform is built on a four-layered framework: Connect, See, Act, Automate.
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.
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.
” What makes supplychains an ideal proving ground for this evolution? The Rise of the Self-Healing SupplyChain Today’s supplychains are under more pressure, navigating considerable hurdles such as macroeconomic instability, shifting demand patterns, climate events, and geopolitical friction.
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. Time-consuming manual processes to report on ESG metrics. Complexities integrating data from across global supplychains.
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