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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.
Three months into 2025, we have seen a barrage of on-again, off-again tariffs that have supply chain and logistics teams reeling, as they must rethink everything from next weeks shipping route to their foundational network models. The Ukraine-Russia conflict is ongoing. Tensions flare in the Middle East without warning.
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. Ethical sourcing entails: Labor Practices: Ensuring fair wages, safe working conditions, and compliance with local and international labor laws.
While past efforts focused on meeting compliance requirements, organizations are now working to proactively embed environmental, social, and governance (ESG) principles into their sourcing, production, and distribution activities. Building supplier capabilities while maintaining sourcing flexibility requires additional investment.
Proactively adopting cleaner energy sources ensures alignment with these evolving regulations. The industry’s dependency on traditional energy sources necessitates an urgent shift toward cleaner alternatives. Retrofitting existing infrastructure with energy-efficient technologies further enhances sustainability efforts.
Many large organizations have multiple systems for order, warehouse, or transportation management that are barely integrated frequently not at all. Optimizing fulfillment requires a series of steps to get a shipment from its source to the end customer.
Enterprise procurement leaders are under more pressure than ever—juggling cost control, compliance, supplier risk, and internal complexity, all while trying to modernize outdated systems. AI, automation, and generative tools are redefining efficiency, allowing procurement teams to move from reactive to proactive decision-making.
It creates a single source of truth for your rate management, automating RFQs and streamlining the entire procurement process. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.
Reducing cost was the primary objective, and most operational decisionsfrom sourcing to fulfillmentreflected that mindset. Finally, rigid fulfillment networks compound the problem. All of this points to a larger issue: systems that perform well under stable conditions but lack the flexibility to respond when those conditions change.
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.
In a major advancement for global supply chain technology, project44 has launched Movement, a comprehensive Decision Intelligence Platform that transforms how businesses manage their supply chains. The platform is built on a four-layered framework: Connect, See, Act, Automate.
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. Of the professionals surveyed, 59% saw the gap between procurement/sourcing and supply chain to be a major disconnect, and the most pressing pain point.
Unfortunately, outdated tools and fragmented processes make it difficult to maintain visibility across the supply chain and adapt at the pace of business. Digital procurement streamlines workflows and unifies data, enabling faster sourcing, better collaboration, and improved accuracy.
As the global organization developed, companies increased their dependency on third-party manufacturing and distribution (increasing latency) without investing in value networktechnologies. Inventory is both our most important buffer and greatest source of waste.) Don’t have digital twin technology? Caveat Emptor.
Samuel Parker and Joe Lynch discuss DAT iQ: the metrics that matter. Samuel is an experienced market strategy and product leader with over 10 years of experience in supply chain logistics and innovation, specializing in helping technology companies build high-performing Go-to-Market teams. Samuel has his B.A.
Key Takeaways: Taking the Uncertainty and Risk Out of Freight Network Integrity Unit:DAT has a dedicated team, the Network Integrity Unit, which works around the clock to monitor the network for suspicious activity, investigate potential threats, and enforce security measures to protect users from fraud and cybercrime.
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. Technology integration: Leveraging digital tools to enhance visibility and decision-making.
These virtual replicas of physical assets, processes, or systems allow leaders to simulate, analyze, and optimize real-world performancewithout incurring real-world risks. This article explores how digital twins are being deployed in transportation, warehousing, and network design. The Business Problem: Complexity Without Control 1.
It creates a single source of truth for your rate management, automating RFQs and streamlining the entire procurement process. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.
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.
It’s a tough challenge, and if you’re relying on outdated processes and technology, it’s likely costing you more than you realize. By replacing manual, paper-based processes with digital tools, you can transform your warehouse into a highly efficient, accurate, and connected operation.
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.
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.
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.
End-to-end supply chain visibility, planning, and execution support software are critical in agile supply chain performance. CPG companies that utilize an autonomous supply chain technology see a reduction in their inventory and cost and an increase in revenue. each with discrete plans generated typically in sequential batch runs.
The relationship between corporate financial performance and supply chain metrics was complex; and in my first attempts, I was unable to derive a correlation. The year 2012 marked the 30th anniversary of the use of supply chain management as a cross-functional process for source, make and deliver in the commercial sector. Definitions.
It’s the key to transforming your supply chain from a source of frustration into a well-oiled, profit-generating machine. Forget static network designs and gut-feel decisions. Connected technology transforms traditional supply chains into dynamic systems capable of real-time decisions and proactive problem-solving.
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.
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.
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 company sources goods from 34,000 suppliers out of 30 nations. 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. Across the US, Ferguson has 6.5
In this blog post, we’ll explore the challenges of inventory management in today’s manufacturing landscape , discuss the importance of a “single source of truth” for global inventory, and introduce a powerful solution that can help manufacturers transform their operations and drive profitability. How do they achieve this?
Today’s investment in value networks is small. The strategy department in most shipper organizations sits in finance while the network design technology expertise is usually a much lower level in operations. Build Value Network Capabilities. EDI is slow, expensive and single-directional.
Digital technologies can increase visibility, collaboration, speed and responsiveness ? For those working on digitalization initiatives, the survey showed that only 25% are leveraging digital technologies to think outside the box and reinvent their foundational delivery model. But what is the progress with digital transformation?
More recently the technology has evolved to a point where such processes can be conducted at a faster cadence than a typical monthly cadence that was the norm. This can result in a messy supply chain network and flows that adversely impact cost-to-serve as can be seen in figure 1 in case of a distribution intense company we worked with.
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 key areas to consider when upgrading to the cloud include: The Value of Cloud Technology Cost Competitiveness Performance Expectations Upgrades Responsiveness Support Expertise & Response The Value of Cloud Technology Which business drivers and advantages are motivating companies to shift to the cloud?
Let’s explore some of the technology changes that organizations should consider as they align their corporate goals and objectives to utilize big data to improve their end-to-end supply chain visibility. The question is how to develop and deploy the right data analysis tools and techniques to mine intelligence from that data.
Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. Here are some highlights from these trends in 2023 and implications on supply chain planning.
Traditionally, procurement has been a process weighed down by manual tasks, fragmented systems, and endless paperwork. AI in procurement refers to using advanced technologies to make procurement processes faster, more efficient, and data-driven. Today, procurement is undergoing a transformation.
It is just not enough to do a software upgrade or slowly push continuous improvement projects. He did this first by implementing demand sensing from Terra Technology (now E2Open) eight years ago. Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. Nick does this well.
To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supply chains to collaborative supply networks and actively design their supply chains. With expansion of supply chains into supply networks globally, there is an increased chance of disruptions caused by various kinds of risks.
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.
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. While it is the best system of record in the industry, the optimizer and the planning software overall is not equal to best-of-breed solutions.
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