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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. You are right.
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 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 supplychainstrategies is essential.
Over the past five years, supplychains have faced unprecedented challenges. E-commerce demands, trade pressures, and increasingly complex supplier networks have necessitated executives to raise concerns about their supplychain operations. Who is responsible for SupplyChain Planning?
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. Road freight alone accounts for approximately 7% of global CO2 emissions, with maritime and air transport further amplifying the environmental burden.
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.
For over a decade, since founding SupplyChain Insights in 2012, I have pounded the keyboard, asking business leaders to think more holistically about the impact of supplychain decisions on the firm’s value, the improvement of a value chain, and the impact on the environment. Thirteen years. The reason?
Meeting Demand Surges in the Restaurant SupplyChain Peak demand days—such as National Hamburger Day or Super Bowl Sunday—create major stress on restaurant and foodservice logistics. grinding beef into burger patties) and transport finished goods to restaurant hubs and restaurants. How to Optimize Food SupplyChain Operations 1.
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.
He is responsible for driving strategy, customer engagement, and industry analysis. Enhanced Visibility and Control: DAT’s solutions offer improved visibility into freight shipments, enabling better tracking, monitoring, and control of the entire transportation process.
Many large organizations have multiple systems for order, warehouse, or transportation management that are barely integrated frequently not at all. A good fulfillment strategy can help businesses boost customer satisfaction (CSAT), reduce inefficiencies, and increase sales.
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.
Breaking Down Business Silos Supplychains don’t exist in isolation. To truly build resilience across the entire organization — including supplychain and logistics — businesses need to remove the internal silos that can lead to restricted data flow and collaboration.
If you’re still relying on manual spreadsheets or a basic transportation management system (TMS) to manage truckload planning and optimization, you’re likely missing out on key opportunities for greater efficiency, cost savings , and better service. And global supplychains face increasing complexity and risk.
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.
An efficient supplychainstrategy is one that takes every aspect of your supplychain into account, from inventory management and warehouse design to freight tendering and transport optimisation. Let’s look at some of the best ways to make your supplychain more efficient.
The global supplychain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects.
Now for the Do’s & Don’ts In the dynamic world of FMCG, your Route to Market (RTM) strategy and distributor partnerships can make or break your brand’s success. Do Set Clear KPIs and Governance Structures : Establish transparent metrics for sales, coverage, and service levels. Ensure margins are fair and sustainable.
The Logistics Data Challenge The logistics sector is awash with data, from shipment volumes and freight rates to sustainability metrics and supplier performance. “You really need to make [data] actionable… use it to manage your suppliers, to drive supplychain improvements. Esch cited a study by a U.S.
Bowman, SupplyChainBrain Supplychains consist of imperfect humans struggling to make perfect decisions. That, at least, is the theory behind mathematical optimization, and the way it’s being applied to supplychain management today. In the end, though, it all comes down to a game of numbers.
Consider this your business suddenly faces a major supplychain disruption. But the truth is, a fragile supplychain can make or break your companys success in today’s world. But the truth is, a fragile supplychain can make or break your companys success in today’s world.
SupplyChain Resilience: Strategic partnerships with reliable suppliers guarantee consistent material availability, regardless of production scale. SupplyChain Vulnerabilities: Your suppliers need to scale with you. Transportation and Logistics: Increased production volume complicates logistics.
How to Reduce Carbon Emissions in Your SupplyChain 1. Transportation Networks and Modal Shifts A good transportationstrategy is one of the best ways to reduce emissions. Some have achieved up to 30% reduction in transportation emissions through product redesign. Through network optimization.
Search engine optimizations is one of the best digital marketing hacks out there for your industry since it helps buyers hunting for a transportation and logistics company find you online – and you don’t have to pay for PPC advertising. The approach is integral to the best marketing strategies.
It is a practical tool, actively helping fleets reduce idle time, improve safety, and gain real-time situational awareness across the supplychain. Strategies for Scalable V2X Deployment in Logistics Start with Retrofit-Friendly Fleets Not every operator can replace their fleet overnight.
Supplychain and logistics teams today face a pivotal moment in their evolution. 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 first is living demand intelligence.
To keep operations and supplychains stable amid the volatility of today’s global trade dynamics, companies need a freight strategy that can flex under pressure. However, the real nuance comes into play when looking at a single mode of transport, particularly road freight. intensified. That means going multimodal.
Behind the scenes of every successful business lies a well-orchestrated machine made up of four critical functions: supplychain, logistics, transportation, and operations. Table of Contents What Is SupplyChain Management? What Is Transportation? What Is SupplyChain Management?
SCB Feature Report From DPW: What’s Next for AI in SupplyChain? That’s because the promise of artificial intelligence for supplychain operations is huge. It could do more to accelerate the journey of supplychain operations from the backroom to the boardroom than any other change. trillion to U.S.
Many of the world’s largest companies have committed to reaching net zero by 2050, triggering a ripple effect throughout global supplychains. For most CPG brands, indirect emissions — those that occur across the supplychain — represent the majority of their carbon footprint. Retailers are following suit.
Strong supplychain capabilities drive efficiency and develop competitiveness in an oversaturated market. Global disruptions such as COVID-19 have unearthed a wide range of vulnerabilities within international supplychains. To develop these relationships, regular communication is key.
Subscribe Thesis Ideas for SupplyChain Students! Today’s fast-moving supply networks demand more than intuition; they require systems thinking, digital fluency, and strong data skills. As a result, the degree plays a growing role in boosting cost efficiency and visibility across supplychains.
Many people get confused about KPIs or Key Performance Indicators in Logistics and SupplyChain operations. Still, in this article, I will help you evaluate the need for supplychain and logistics KPIs in your organisation, and identify which types of measurement might be most appropriate. Which ones to use?…
The event, a premier gathering for freight and logistics leaders, promises to equip attendees with forward-looking strategies amid ongoing U.S.-China China trade dynamics and supplychain volatilities. Supplychain leaders have grappled with disruptions from events like the U.S.-China “The U.S.
So argues Greg Petro, CEO of First Insight , a retail platform that uses AI analysis of consumer feedback to predict demand, determine pricing thresholds and model scenarios around, for example, differing tariff levels or supplychain bottlenecks. AI can help.
Subscribe The SupplyChain Renaissance Has Begun! Efficient supplychain management is the key. All of this is possible thanks to an optimized supplychain. This requires everyone in the supply network to share accurate and timely information to identify problems and streamline processes.
For supplychains, AI offers new paradigms and approaches, delivering streamlined processes and results that are unprecedented. AI is about more than fixing problems — its fundamentally changing how supplychains operate. billion in 2023 to $63.77 billion by 2032, a compound annual growth rate of 11.7%.
At the outset, shippers may see Hawaiian shipping as an extension of their mainland operations, to which they can apply the same strategies and the same playbook. Building an effective shipping strategy for Hawaii is a moving target. Building an effective shipping strategy for Hawaii is a moving target.
truckload market, marking a seasonal uptick in demand that challenges transportation providers across the country. Tender rejection rates, a metric for gauging how often carriers decline contracted loads, have demonstrated significant fluctuations leading up to July 4th. The Fourth of July is a significant benchmark for the U.S.
In todays rapidly shifting business landscape, supplychain evolution has become essential. Companies that rely on reactive strategies risk falling behind, while those that prioritize resilience are better equipped to thrive. Benefits of resilient supplychains include: Improved Agility: Respond quickly to market changes.
In today’s competitive market, every drop of efficiency in extraction and logistics fuels innovation across supplychains, ensuring that products reach consumers faster and at lower costs. How does oil and gas production drive global supplychain innovation?
SupplyChain’s Moment of Truth Has Arrived! In 1982 Keith Oliver is credited with coining the phrase “SupplyChain Management” As I began my career in 1982 I can attest to the fact that the term SupplyChain was not in general use at that time. But this is my view of SupplyChain.
In other words, it’s challenging for companies to create resilient, agile and cost-effective supplychains when so many things are so uncertain. It demands a deep dive into complex calculations and multi-faceted considerations that impact everything from sourcing and production strategies to long-term investment and risk management.
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