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I laugh when business leaders tell me that they are going to replace their current supply chain planning technologies with “AI.” Each supply chain planning technology at the end of 2024, went through disruption–change in CEO, business model shift, layoffs, re-platforming and acquisitions. You are right.
Businesses are now managing goods and information across multiple locations, time zones, and partner networks. This complexity has introduced gaps in visibility and responsiveness that traditional systems werent designed to handle. This doesnt eliminate those systems, it organizes the data they produce.
The modern supply chain is a complex network of suppliers, manufacturers, distributors, and customers, all interconnected and reliant on a shared ecosystem of trust and accountability. Balancing these priorities requires investment in robust auditing systems, supplier education, and long-term partnerships that emphasize shared values.
Building a software company is hard work. The industry has had little value from digital transformation and business networks. Most of the business networks were hollowed out by venture capitalists or purchased by opportunists. Most of the business networks were hollowed out by venture capitalists or purchased by opportunists.
Many large organizations have multiple systems for order, warehouse, or transportation management that are barely integrated frequently not at all. Factors like planning tools, inventory management, demand patterns, and innovations in technology contribute to the success or failure of fulfillment optimization.
Our platform can be deployed alongside your current solutions, providing immediate value without disrupting established workflows. million+ transactions annually This network effect means better visibility, more competitive rates, and unparalleled connectivity across the global logistics landscape.
When a critical Tier-2 supplier is affected by a tariff policy change or regional shutdown, the ripple effects often catch manufacturers by surprise. Finally, rigid fulfillment networks compound the problem. Fulfillment networks are being evaluated based on responsiveness, not just throughput.
Despite the evolution of technology, none of the 28 industry segments I follow can drive improvement at the intersection of operating margin and inventory turns. Investment in Legacy Technologies. The industry continues to invest in technology architectures that are inside-out and limited. A failed blogger.” The reason?
If there’s a bright spot anywhere it’s the fact that, as logistics challenges have grown, so has the availability of advanced technologies to manage these challenges. For logistics teams, digital control towers add maximum value when they’re integrated with the transportation management system (TMS). Warehouse Task Automation.
This is amplified across the supply chain into an exponential impact on inventory and planned orders for manufacturing. When we measure the bullwhip impact (in my class on outside-in process thinking), the bullwhip between manufacturing and procurement is 2-3X. Don’t have digital twin technology? Signal Latency.
The survey’s results suggest a series of misalignments where gaps in process, technology and information flow can be a drag on productivity and optimization. A multi-enterprise supply chain networks (MSCN) is a key technology for improved collaboration across an extended supply chain. What is the big deal about the network?
Once upon a time, the world of manufacturing was a relatively stable place. So how does a manufacturer navigate this rollercoaster? The Challenge: Siloed Inventory Data and Lack of Visibility One of the primary obstacles in inventory management is the prevalence of siloed data across multiple execution systems.
Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.
Scaling manufacturing operations is crucial for business growth but presents unique challenges. Balancing increased demand with consistent quality and controlled costs is difficult but essential for manufacturers looking to expand. Successfully scaling manufacturing requires more than just adding resources.
That’s the power of manufacturing data collection. Manufacturing data collection is your secret weapon for boosting efficiency, cutting waste, and staying ahead of the competition. Manufacturing data collection is your secret weapon for boosting efficiency, cutting waste, and staying ahead of the competition.
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.
When it comes to driving supply chain agility there are several solutions that are important, but the key solution is a Multi-enterprise Supply Chain Network (MSCN). A multi-enterprise supply chain networkplatform provides network-based order fulfillment applications and/or advanced network-based supply chain risk analytics.
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. But when spend is scattered across systems, business units, and suppliers, finding those insights is easier said than done.
The traditional metrics of excellence cost efficiency, on-time delivery while still important, are no longer sufficient in an era defined by volatility, complexity and political changes. The convergence of artificial intelligence and digital networkingtechnologies is fundamentally reshaping our operating models.
Despite two decades of advancement in supply chain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. I believed that the first generation of supply chain systems would improve operations to a greater degree than actually happened. I am an old gal.
Keeping track of all your moving parts in manufacturing is a tall order. That’s where manufacturing inventory management software comes in. The right software can streamline your production, optimize stock levels, and even help you save money. Spreadsheets just don’t cut it anymore.
Our platform can be deployed alongside your current solutions, providing immediate value without disrupting established workflows. million+ transactions annually This network effect means better visibility, more competitive rates, and unparalleled connectivity across the global logistics landscape.
For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. During the pandemic, companies struggled with planning systems turning off the optimizers, and using the technology as a system of record. Show the technology vendors touting digital and AI transformation the door.
Their focus on technology for the sake of digital–doing the same things faster or hands-free–stalled out because of the lack of investment in human work systems. “Why would we invest in making current systems faster without recognizing the fundamental disconnects??? . IT teams love to bolt in software.
Definition As I follow the evolution of supply chain technology, I am struck by what I see as a stream of paradox and anomaly, and the tendency of supply chain leaders to cling to convention. technologies. My observation is that softwaretechnology leaders are attempting to make historic practices faster versus redefining capabilities.
Here are the Top 5 Do’s and Don’ts to help you build a high-performing RTM model and distributor network: ✅Top 5 Do’s Do Align RTM Strategy with Consumer Behaviour : Design your RTM based on where, how, and why your consumers shop. Do Invest in Distributor Capability Building : Provide training, digital tools, and performance incentives.
In fact, transportation management is our specialty as we’ve been providing our shipper customers with a web-based transportation management system and managed transportation services since 1998. Finally, as expected, technology and transportation management systems were also a popular subject. Read the Full Blog Post.
It was funded by 50 large consumer products manufacturing companies (CPG). In the dawn of e-commerce, conservative manufacturers, anteed up $240 million in four months. I asked companies to “Navigate through the hype focusing on the feasibility of scope and technology.” The stories border on the ridiculous. Clear governance.
Commerce is global and regional at the same time, the world is getting smaller and more interconnected, and Consumer Packaged Goods (CPG) manufacturers operate in this build-anywhere and sell-anywhere market. End-to-end supply chain visibility, planning, and execution support software are critical in agile supply chain performance.
The supply chain is a complex non-linear system. At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.)
The disillusionment with the establishment: In the late 90’s, i2 Technologies (the company where I started my career) was blazing a new trail in supply chain planning technology as most companies know it today. As organizations moved towards standardization of technology around the big ERP, best of breed vendors felt the squeeze.
The attendees were sitting on the edge of their seats to hear about the next release of Llamasoft software. The market for network design tools was growing at a moderate rate, and most of the market had invested in technologies from either i2 Technologies (then termed i2 Strategist) or Logictools. Reflections.
million square feet in 10 distribution centers and 35 million square feet across its branch network. Driving an excellent supply chain depends on how people are recruited and managed, processes, and the technology used. The company has shown sustained improvement on this metric. The company uses a network design tool from Coupa.
Forget static network designs and gut-feel decisions. By harnessing the power of data science and analytics, you can gain end-to-end visibility across your entire network, breaking down information silos and optimizing every stage of your operations.
The consulting team pitches a theme–vision of supply chain best practices, big data analytics, or demand-driven value networks– to the executive team, and a new project is initiated. The first evolution of technologies were built by best-of-breed solution vendors. The first step in the journey is a kick-off meeting.
Manufacturers have always struggled to know their customers. Unfortunately, this means manufacturers face an even greater challenge, as more customers translate into greater use of customer service. But, how do manufacturers turn their focus to the customer experience? Determine What Customers Want Today.
Third, they align the interests of all the firms in the supply network so that companies optimize the chain’s performance when they maximize their interests. Many try to start with technology. The technology group wanted to implement SAP IBP, and the business leaders were resistant. It could not be closed through technology.
by Trevor Miles I have been in the advanced planning and scheduling (APS) space since 1995 when I joined i2 Technologies in Europe. My enhancements were to add the underlying technology and company information at the bottom which gives some context. . Let me start with the confusion between planning and execution. Their words.
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! What Is Mobile Inventory Management?
In their time lean manufacturing and just-in-time were game-changing concepts. Manufacturers need to extend visibility and collaboration beyond their own walls to avoid any disruptions. Digital technologies can increase visibility, collaboration, speed and responsiveness ? In 2021 it is an entirely new game.
Transportation execution solutions allow shippers to connect to multiple carriers and then tender, track, and pay in the system. Visibility solutions allow real-time asset tracking across the entire distribution network. The network supports downstream channel partners, upstream supply partners, and logistics partners.
There are many working parts, network partners, and opportunities for things to go wrong that some are often overlooked. Rather than hoping everything runs as smoothly, shippers today need to apply technology to ensure high customer experience levels are achieved and all shipments are delivered on time and in full.
No company in either the household non-durable (consumer goods) or the food manufacturing group beat their peer group on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) for 2013-2022. My reply to my friend is that “The supply chain is a complex non-linear system.
There are three reasons why: Vertical excellence—having the best manufacturing, procurement or transportation function—has not worked. A big bang technology focus has not worked. Enlightened leadership that focuses on the management of the supply chain as a complex system. Aligned Metrics. Outside-in Processes.
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