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Freight transportation makes up over 10% of total global carbon emissions. Reducing emissions from transportation is crucial to achieving organizations sustainability goals. However, logistics managers cannot deliver against todays goals with yesterdays TMS systems.
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.
Most supply chain and logistics teams have recognized that the only way to combat todays incredible level of uncertainty is by adopting and applying digital tools. The pace and scope of supply chain disruption are beyond human cognition, manual analysis, and consumer-grade spreadsheet tools. billion in 2023 to $13.3
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.
From sourcing and bid evaluation to warehouse slotting and dynamic routing, AI tools support faster and more consistent outcomes by processing large volumes of operational data and identifying patterns that human decision-makers may overlook. These capabilities are now being integrated into mainstream TMS, WMS, and ERP platforms.
Supply Chain Knowledge and Risk Mitigation: Suppliers have a direct impact on direct spend with raw material and transportation costs as two big drivers of operating margins. This means involving procurement in the highest levels of strategic planning and decision-making.
A ProcurementSystem refers to a sophisticated framework or software designed to streamline and automate various stages of the procurement process within an organization. These systems come in diverse forms, ranging from best-of-breed solutions to comprehensive full-suite solutions.
Procurement and supply chain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.
Road freight alone accounts for approximately 7% of global CO2 emissions, with maritime and air transport further amplifying the environmental burden. Key strategies include: Electrification of Transport: The use of electric vehicles (EVs) for freight and last-mile delivery reduces emissions and operational costs.
Logility, a conservative company supply chain planning technology, historically had no debt and cash reserves of more than 80M, is undervalued in this deal. Aptean is orchestrating the Blue Yonder/E2open/Infor playbook of buying undervalued assets and milking the maintenance and Software-as-a-Service contracts with existing customers.
Traditional systems—many of which were designed decades ago—struggle to meet today’s operational demands. In response, a new generation of digital supply chain technologies has emerged, centered around a network-based architecture and powered by artificial intelligence (AI) and machine learning (ML).
But between rising costs, complex logistics, and the constant struggle to optimize space and labor, staying ahead can feel like an uphill battle. That’s where warehouse optimization comes in. Here’s what you can expect: A clear definition of warehouse optimization and its core components. Ready to get started?
If you were tasked with procuring the best supply chain IT system, what would you look for? ERP, APS, SCM Systems Explained Organisations often use these systems together because each serves a distinct but complementary purpose. Think of it managing things like purchase orders, invoices, and inventory records.
Knowledge Graphs are emerging as an important tool for building advanced AI capabilities. Agentic AI involves creating a system of interacting agents, each trained on a specific task or dataset. The risks associated with chemical manufacturing include the storage and transportation of raw materials, finished products, and waste.
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. Additionally, we’ll discuss best practices for optimization and strategies for balancing efficiency with resilience.
CAGR , the global supply chain management software market is expected to touch USD 50 billion by 2032. This one figure speaks volumes about how organizations worldwide want access to the best supply chain management tools to boost efficiency and value in their distribution and logistics network. Growing at an overwhelming rate of 11.1%
Therefore, optimizing spare parts management is crucial for the success of supply chain, manufacturing, and maintenance operations. In this blog, let’s dive deeper into the challenges of spare parts management, the solution that ThroughPut AI provides, the features of spare parts management software and how it works.
The supply chain industry is in a process of change that is technologically induced. Billing is becoming quicker, more precise, and more accurate through the supply chain with the help of new technologies. And we will speculate where billing software development in the supply chain will be heading in the years to come.
As I look at the Supply Chain Planning industry, I question why companies are buying software and implementing processes that use stale data. Data in today’s system do not carry a mark of freshness. Demand latency is the time from the purchase in the channel to the translation of the demand signal to an order.)
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.
As operations, maintenance, and supply chain leaders navigate a landscape shaped by rising asset complexity, volatile supply chains, and tight capital budgets, the pressure to optimize every part, every process, and every purchase has never been greater. This is where software steps in.
As operations, maintenance, and supply chain leaders navigate a landscape shaped by rising asset complexity, volatile supply chains, and tight capital budgets, the pressure to optimize every part, every process, and every purchase has never been greater. This is where software steps in.
It lays out the who, what, where and how of your freight, making it vital for both transport and dispute resolution. Here's a breakdown of what you'll typically see: BOL Field Purpose Reference/Purchase Order # Identifies the shipment and ties it to business transactions. It's also important to note that a BOL is not optional.
At the same time, companies have been forced to pull forward inventory purchases, creating a squeeze where carrying costs are up while cash flow is tight. Until a trailer is unloaded and the warehouse records that inventory, it’s not reflected in the companys warehouse management systems.
The ThroughPut Catalyst Program directly addresses the common hurdles organizations face when attempting to digitalize their supply chain processes, such as financial constraints and tool fatigue. Its the fastest way to build the case for transformation without the usual risk and resistance.
Supply Chain Matters features our latest full edition of This Week in Supply Chain Management Tech , a compilation of funding, partnership and other noteworthy announcements related to supply chain technology or industry services providers. listed B2B logistics platform provider e2open Parent Holdings for a reported $2.1
ERP systems form the backbone of efficient operations for many organizations. They integrate finance, HR, sales, and supply chain management into one complex platform. Within this setup, an ERP procurement module helps companies make purchases and manage suppliers. Keep reading to learn: What Is ERP in Procurement?
Since most companies don’t own their logistics network, they must rely on the third-party delivery company’s communications technology. Adopting this innovative technology gives retailers an advantage over their competitors when it comes to branding consistency and their customers’ overall delivery experience.
Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities This supply chain article provides a comprehensive overview of the procurement department within an organization. Read In Detail About Procurement Department Here 2.
The ThroughPut Catalyst Program directly addresses the common hurdles organizations face when attempting to digitalize their supply chain processes, such as financial constraints and tool fatigue. It’s the fastest way to build the case for transformation – without the usual risk and resistance.”
Today’s fast-moving supply networks demand more than intuition; they require systems thinking, digital fluency, and strong data skills. A Masters in Management Information Systems, especially earned online, offers a practical edge. Subscribe Thesis Ideas for Supply Chain Students!
In today’s fast-moving logistics landscape, managing a delivery fleet efficiently is crucial for optimizing the delivery process and routes as delivery delays, fuel costs, and inefficient route planning can directly affect a business’s bottom line. That’s where route optimization becomes a game-changer.
How MES is Shaping the Future of Manufacturing and Boosting Production Efficiency What is a Manufacturing Execution System (MES)? A manufacturing execution system (MES) is a comprehensive, dynamic softwaresystem that monitors, tracks, documents, and controls the process of manufacturing goodsfrom raw materials to finished products.
Technological advances, sustainability goals, and stronger resilience plans emerge as central themes shaping the future of logistics. Meanwhile, customer demand for eco-conscious practices is influencing packaging choices and last-mile delivery solutions. The supply chain industry faces a transformative era heading into 2025.
Instead of breaking into your systems directly, hackers go after the third parties you work with. That means vendors, software providers, cloud platforms, even IT contractors. In 2023, the National Institute of Standards and Technology (NIST) reported that 62% of organisations experienced a supply chain-related cyber incident.
Strategic sourcing formalizes the gathering, analysis and application of information to align purchasing strategies with the organizations broader goals while securing the best possible overall value. Draw up selection criteria optimizing outcomes against risk. The suppliers need to be onboarded into your systems.
Transportation Networks and Modal Shifts A good transportation strategy is one of the best ways to reduce emissions. Through network optimization. This means consolidating shipments to max out load factors, using route optimization algorithms to minimize distance travelled, and shifting to lower emission transport modes.
Supply chain automation refers to the tools and technologies we can use to make manual tasks automated, reducing the need for human workers. Supply chain automation tools allow you to create a more resilient, efficient, and competitive business. What is Supply Chain Automation?
The technology reduces risks, operational errors, delays and waste, while simultaneously improving the customer journey. These tools empower users to enhance teamwork between humans and machines. For example, a dispatcher is responsible for purchasing components for pre-production and stocking of two new products.
It means strengthening the system to better withstand the negative impacts of economic downturns. Higher Costs and Lower Profits: While recession may incur low demand, operational costs such as energy and transportation can remain high or fluctuate unpredictably. An excellent example of optimizing inventory is Zara.
Supply chain management typically does not fit very well with procurement, which is a challenge at the best of times, and can be a disaster in difficult times. The second assumption was that variability would be low, and IT systems have been implemented in the belief that the global economy would remain on an even keel.
Rapid development of advanced planning and scheduling tools The COVID-19 pandemic didn’t just expose the vulnerabilities of physical supply chains; it also revealed the critical need for digital agility. Before the pandemic, many companies relied on static, reactive planning methods.
Scottsdale, Arizona-based supply chain management company Blue Yonder announced Wednesday that it has acquired full ownership of Inmar Post-PurchaseSolutions (IPPS) and will continue to support FedEx Easy Returns.
As supply chains become more complex and globalized, many companies find it beneficial to rely on third-party logistics (3PL) providers to handle some or all of their transportation, warehousing, distribution, and fulfillment needs. This can help streamline supply chain processes, improve visibility, and assist in planning and optimization.
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