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SupplyChain Matters features our latest full edition of This Week in SupplyChain Management Tech , a compilation of funding, partnership and other noteworthy announcements related to supplychaintechnology or industry services providers.
Below are five challenges organizations face in navigating the modern order management journey and how leading OMS technologies are answering the call. Order management is uniquely positioned as the command center of the supplychain, sitting at the intersection of inventory data, logistics intelligence and customer experience.
The SupplyChain Matters blog provides perspectives relative to despite having a tentative back-to-work wage negotiation, the outstanding issue of port automation provides added concerns for global industry supplychain teams. ports lag behind other global ports in automation focused on increased throughput.
According to our 2024 report, Generative AI in the B2B Marketplace , 81% of B2B businesses are already investing in AI, with 79% anticipating increasing their AI budgets within the next year. AI, at its heart, is a tool to help solve problems — like a hammer, or pair of scissors. Make an AI alliance around key customer use cases.
(NYSE: ETWO) (“E2open” or the “Company”), the connected supplychain SaaS platform with a leading multi-enterprise network, today announced that it has entered into a definitive agreement to be acquired by WiseTech Global Limited (ASX: WTC) (“WiseTech”), a leading provider of logistics execution software solutions.
They have continued to move the goalposts in terms of delivery standards — this year reporting a 25% increase in same-day delivery orders. They lowered their own fulfillment costs while improving delivery speeds with their optimized distributed warehousing strategy, which they will continue to invest in.
Apple in $500 million rare earth magnet deal with MP to expand US supplychain Apple (AAPL.O) for rare earth magnets, mitigating supply risks after China curbed exports this year and representing a major coup for MP that sent its shares soaring by a fifth. trade deal. has signed a $500 million deal with MP Materials (MP.N)
Click here to send us your comments January New that supplychainsoftware provider Logility will be acquired by Aptean. That vote, which occurred in 2022 at an FC in Staten Island, NewYork, has to date not led to a contract between Amazon and the workers there, as Amazon continues to fight the outcome.
Egypt's Suez Canal offers 15% discount for big container ships to win back trade Egypt's Suez Canal will offer a 15% discount on transit fees for container ships with net tonnage of at least 130,000 metric tons, to encourage trade back now the security situation has eased and help ships offset rising insurance costs, its authorities said on Tuesday.
Within the next week, NewYork will be bustling with people attending fashion shows, brand events, and participating in Fall 2024 Fashion Week. These clothing companies have revolutionized how consumers purchase, wear, and dispose of their clothing. Now Let’s Get to The SupplyChain & Logistics News for the Week!
Today, supplychain excellence matters more than ever. During the pandemic, the supplychain discussions take new importance. While the supplychaintechnology market lost its allure at the start of the last decade, it is now cool again. The supplychain career is new.
Nine out of ten supplychains are stuck. The secret to unsticking the supplychain is to redesign processes to be outside-in. The supplychain processes need to be designed from the market back. The first step to making the shift is learning a new language. Growth has slowed. Complexity has increased.
Dick’s Sporting Goods Beats Forecast in Q1 But Cautions on Inflation, SupplyChain. Walmart and Symbotic Expand Partnership to Deploy Automation System. Dick’s Sporting Goods reported its Q1 financials this week, beating expectations but lower its outlook. Amazon Aims to Sublet, End Warehouse Leases as Online Sales Cool.
Infor’s CEO, Kevin Samuelson Infor’s strategy for differentiating their business from competitors like SAP and Oracle rests on a truly differentiated approach to ensuring that their customers get ongoing value from the business applications they purchase. However, each user has their own instance of the software.
We LOVE how they’re embracing technology to change logistics and improve the end-user’s life. Supplychain platform matching drop-ship retailers, manufacturers, distributors and freight forwarders. Freight marketplace software matching shippers and trucking carriers, thereby eliminating freight forwarders.
by Kevin McGowan A recent NewYork Times article demonstrated that supplychain management innovations can come from some unexpected places. This simple idea has transformed fishery end-to-end supplychain management , and other organizations are starting to follow suit.
According to the annual survey released by the National Retail Federation’s (NRF) and Prosper Insights & Analytics, consumers plan to spend a collective $24 billion on Easter this year, up from $20.8 Spending is growing across several categories, and the top Easter items consumers say they are planning to purchase include candy ($3.3
Buzz words filled the air at the NRF Big Show, held at the Javitz Convention Center in NewYork last week. In short, we cannot put a wrapper around ERP, traditional reporting, or traditional fulfillment and call it Big Data, Customer-Centric Retailing or Omni-Channel Fulfillment. The air was thick. I am saddened.
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.
Chakri Gottemukkala, CEO at SupplyChain Planning Vendor o9 Solutions There are several young supplychainsoftware companies that are unicorns. This January the company reported that its annual recurring revenue grew at over 84% year-over-year. The company that pioneered this was i2 Technologies.
Will the supplychain ever catch a break? While the industry continues to be rocked by world events, uncertainty has become the new normal. With every link of the supplychain impacting businesses both large and small, keeping up with the globally disrupted supplychain evolution is a recipe for whiplash.
Executives are plotting alternate supplychains or devising products that can be made elsewhere should China’s hundreds of thousands of factories become inaccessible. and raided the Beijing offices of Mintz Group, a due-diligence firm based in NewYork. manufacturers re-evaluating their reliance on China.
Companies that move fast and act smart now can stay ahead of due diligence legislation, mitigate supplychain risk and gain a competitive advantage in the process. As I explained in a recent article on Supply & Demand Chain Executive , organizations that leverage supplychain digitization will be the most likely to succeed.
I thought I understood all the major supplychain implications of the pandemic until I began reading Yossi Sheffi’s new book The New (Ab)Normal: Reshaping Business and SupplyChain Strategy beyond Covid-19. This week’s news will all center on this war. Russia Attacks Ukraine. Oil Prices Jump.
Walmart+ costs $98 per year, or $12.95 It includes free shipping of online purchases, free grocery deliveries to the home for orders of at least $35, prescription discounts and other benefits. The rings are “one of the first pieces of wearable technology to be deployed by Walmart Canada,” the company said.
But before I bring out the lawn mower and tool box, here’s the supplychain and logistics news that caught my attention this week: Mondelez Says Cyberattack Cost it Business (WSJ – sub. Caterpillar Faces New Questions in [Export and Tax Violations] Probe (WSJ – sub. ACT Research: N.A.
Although the economy has proved remarkably resilient, there are so many unknowns at play that no one can predict what future economic conditions might be. Having said that, few if any economists are predicting a bright, short-term future. The reason, she explains, is digital technology. Fortunately, data is generally available.
In this final post of the series, I highlight three reasons why I believe learning technologies will make this future not only possible, but also imminent: First, there are breakthrough innovations in the underlying learning algorithms. Machine Learning technology has finally come of age.
Moving on, here’s the supplychain and logistics news that caught my attention this week: Trucking Stocks Tumble on Downgrade, Pricing Outlook (WSJ- sub. Descartes Showcases Logistics Technology Platform Innovations at Global User and Partner Conference. Swisslog acquires Power Automation Systems (PAS).
Reports 2014 Second-quarter Results. Amazon to open five new warehouses in India (Reuters). New Breed specializes in services for omni-channel distribution, reverse logistics, transportation management, freight bill audit and payment, lean manufacturing support, aftermarket support and supplychain optimization. .
According to a recent NewYork Times article , 181 CEOs jointly released a statement on “the purpose of a corporation.” Procurement is at the core of many companies’ efforts to increase green practices. With such strong influence over company operations, purchasing teams have the opportunity to maximize impact.
We assist 3PLs with their bid packages to corporations, and we work with corporations who don’t see supplychain as their core activity. [01:20] I grew up in NewYork and graduated from the NewYork Institute of Technology. I was involved with the procurement of equipment and materials.
The staff at Wired magazine notes, “Everyone returns a gift or an impulse purchase now and then. Today’s consumers take a lot of factors into consideration when they make a purchase — including product availability, price, delivery dates, and return policies. of all merchandise purchased in the U.S. ”[2].
The switch they helped flip in consumer purchasing trends caused companies worldwide to scramble, desperate to play in these emerging and evolving new spaces. The result was a lot of stress on the supplychain, and the emergence of omni-channel strategies. Here’s where you supplychain managers really need to take note.
SupplyChain Matters highlights two additional indices of global and US supplychain volatility relative to July 2022 global supplychain activity levels. Global SupplyChain Pressure Index. This index was reported as 1.84 reported for June, and 2.59 reported for May.
Anyway, I’m on borrowed time again this morning, so let’s go straight to the supplychain and logistics news that caught my attention this week: Kewill and LeanLogistics Rebrand as BluJay Solutions, Unveil World’s First Global Trade Network. Volvo Trucks demonstrates truck-platooning technology (Long Beach Post Telegram).
Last December, reporter Jeanna Smialek wrote, “Inflation has become central to the American zeitgeist in 2021 in a way that it hadn’t been for decades.”[1] ” What the authors are trying to explain is how much purchasing power a specific amount of money had relative to today. ” Inflation Explained. ”[3].
I have been having a number of fascinating interviews with Chief Procurement Officers this past week on the subject of procurementanalytics and supply management risk. Supplychain risk management brings up a whole host of issues – and as one executive pointed out, is rather a sophisticated concept.
A generation of direct-to-consumer brands that were built using the tools and tactics of social media has skyrocketed to success.” When consumers engage with creators — via polls, stories or post analytics — it allows both the creator and brand to understand their likes and dislikes, and generally how engaged and valuable they are.
Actionable analytics and meaningful logistics intelligence are essential elements in freight. Actionable analytics gather large volumes of data and interpret it in a meaningful way, translating it into effective business strategies. Provide Discounts on Worthy Purchases. Know When to Reinitiate RFPs to Get Better Shipping Costs.
Many warehouses are seeking ways to leverage automation for better efficiency, but building an efficient automated warehouse system requires careful selection of the right technologies. Achieving efficiency requires choosing technologies that integrate well and work seamlessly together to fully optimize your processes.
”[1] Journalist Paul Berger reports that supplychain indicators confirm this holiday season’s sales could be mediocre. Journalist Nora Colomer reports, “Credit card balances grew the fastest among Gen Z cardholders in the second quarter of 2023, according to a recent TransUnion survey.
China’s decision to invest in oil is good news for developing countries who rely on exports, but it might not be enough to save their struggling economies. And next year, China’s oil analytics group predicted oil import growth will slow to just 4.6 In fact, China’s whole economy is in for a slow-down. percent from 2015’s 6.9
The SCRC’s Supply Management Maturity Index was highlighted in a recent Wall Street Journal article , that identified the companies best prepared to weather the storm ahead in terms of supplychain disruptions. Supply Market Intelligence Enables Improved Ability to Control Inflation. Manufacturers or the U.S.
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