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The adoption of AI in supplychain automation is enabling companies to make more accurate decisions, reduce cycle times, and better manage complexity. AI in supplychain automation is gradually reshaping how core functions operate, particularly in procurement, warehousing, and logistics.
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. Renewable Energy for Facilities: Warehouses and distribution centers can integrate solar panels and wind turbines to lower energy costs and carbon footprints.
Many large organizations have multiple systems for order, warehouse, or transportation management that are barely integrated frequently not at all. Effective fulfillment requires a well-designed system, efficient logistics, and a reliable supplier network to ensure timely and accurate delivery of products.
My head is wobbling with announcements, late-night Friday press releases, company name changes, and executive turnover in the supplychain planning market. Logility, a conservative company supplychain planning technology, historically had no debt and cash reserves of more than 80M, is undervalued in this deal.
Supplychain 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.
ARC Advisory Group began conducting formalized research on the global warehouse automation market in 2014. We define the market as those warehouse automation providers responsible for delivery of the system to the end-user (to eliminate double-counting). Looking back, I estimated the market in 2013 at $6.4 billion in 2019.
Supplychain sustainability has become a very hot topic, but for a lot of people, there is uncertainty around its meaning. There are three responses in this question that address supplychain sustainability: align with our goals, mission, and values; meet consumers expectations; and increase profitability.
I seethed as the news stations celebrated supplychain success for the December holidays. The health of the supplychain underpins our economy. When the supplychain is sick, all industries suffer. The dramatic increase in cost is a major factor in inflation: driving the 11.5% I am worried.
Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supplychain resilience. Background The Council of SupplyChain Resilience met for the first time this month. What is supplychain resilience? The reason?
The complexity of changing product portfolios and the increase in demand-shaping programs (price and promotion) have distorted demand signals and made supplychain planning more complex. As outlined in my recent Forbes article, the cost to bring a new product to market has increased four-fold in the last five years. What to do?
Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supplychain insights and advice. This article is from Michael Balint at Solvoyo and looks at the fresh produce supplychain. To read the article, click HERE.
In the age of same-day delivery and rising consumer expectations, there is immense pressure on warehouses to perform at peak efficiency. 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.
The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. In the warehouse context, a digital twin can be created to represent the physical layout, inventory, equipment, and workflows of a warehouse. Physical change (i.e.,
I work in supplychain. If I had done due diligence, I’d have seen the warnings – the retailer had pretty pictures on their website, but their supplychain failed them, creating an eleven-month saga and unhappy customer. The failure was in supplychain orchestration – connecting planning to execution.
Understanding how your Procurement and SupplyChain KPIs are performing isn’t just a nice-to-have; it’s essential for survival and growth. Is inventory bloating your costs? Why You Need Visibility of SupplyChain and Procurement KPIs? Check out SCMDOJO’s SupplyChain KPIs Dashboard!
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. Most companies have designedsupply-centric processes from the inside-out. Growth has slowed.
SCMDOJO Academy elevates your procurement and supplychain skills through its extensive course library. Mastering Procurement – Essentials Skills and Competencies Mastering Procurement by Maryna Trepova is the ultimate Procurement and Purchase Management course for Engineers, Entrepreneurs, Managers, and Students.
Intelligent supplychain management can reduce costs, improve profitability, and enable competitive advantage for your organization. Fear and Poor Change Management Prevent Successful Implementation of Intelligent SupplyChain Management. How Can SupplyChain Leaders Implement Intelligent Practices?
How to Reduce Carbon Emissions in Your SupplyChain 1. Supplier Integration and Collaboration Building relationships with suppliers who are committed to sustainability is key to reducing your supplychain carbon footprint. Many have achieved 40-60% reduction in warehouse energy consumption through these measures.
If youve followed our blog over the years, youll know that weve shared lots of information about distribution network design, why its vital to get it right, how long it should take, the importance of reviewing the network every so often, and various elements of design such as determining the number of warehouses and where to locate them.
Analytics and business intelligence (BI) are no longer optionaltheyre essential. They integrate, align, and activate data across the business to drive better, faster decisions unlike legacy reporting tools that can’t. Early BI systemsmostly OLAP toolsrelied heavily on pre-processed data from warehouses.
Businesses can’t afford slow or rigid supplychains. Behind the scenes, that level of responsiveness depends heavily on one critical factor: warehouse layout. As such, this guide breaks down the essential strategies for designing a warehouse layout that strengthens supplychain agility.
Companies of all sizes have been capturing the value from Global SupplyChain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supplychain operations. However, you may wonder what kind of practices really work.
If you were tasked with procuring the best supplychain IT system, what would you look for? Think of it managing things like purchase orders, invoices, and inventory records. SCM then takes these plans and helps execute them across your entire supplychain network. Are ERP Systems the Answer?
That’s why staying on top of the latest supplychain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supplychain planning.
Picture this: You’re a warehouse manager, and with a few taps on your smartphone, you instantly know the exact location and quantity of every item in your inventory. It’s designed to replace outdated manual processes and spreadsheets, offering a user-friendly interface accessible on smartphones, tablets and mobile computers.
As a supplychain leader, he is struggling how to dance in the ring of fire. The ring of fire is corporate politics at the executive level on supplychain performance. Each executive has a different perspective on the definition of supplychain excellence, but they are never discussed and aligned.
More companies are actively engaging with consumers in search of the ultimate omnichannel sales experience as the strength of online sales increase, reportsSupplyChain Quarterly. As a result, companies that want to go omnichannel need to begin working to deploy these standards and supplychain technologies.
To call todays supplychain environment high pressure feels like the understatement of 2025. 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. Its a slow, manual process, and even then, the data isnt always reliable.
Last year, online shoppers spent more time purchasing items through online retailers than any other channel, and the 2016 holiday shopping season broke most online and mobile records. increase in the leasing of industrial space, including warehousing space. A Rapidly Changing Workforce Will Strain Warehouses.
Supplychain automation refers to the tools and technologies we can use to make manual tasks automated, reducing the need for human workers. It’s sometimes misunderstood, but it’s actually integrated into almost all supplychains nowadays in av ariety of different ways. What is SupplyChain Automation?
The success of your business links inextricably to the performance of your supplychain. you have to make your supplychain successful too. SupplyChain and Business Success By the Numbers Now for those statistics I mentioned. If you want business success (and who doesn’t?),
At that time, manufacturers talked about customer-centric supplychains, but were afraid to aggressively adopt ecommerce strategies. Cloud-based logistics and warehouse management are combining with B2B networks to enable multi-tier fulfillment. Make test and learn an active part of your supplychain strategy.
What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.
Much has been written about what it takes to run a successful supplychain in the era of “get it to me fast and get it to me cheap.” Supplychain professionals are looking for ways to store goods closer to customers by investing in micro fulfillment centers and to optimize their facilities so orders can be processed faster.
Modern retail supplychains resemble patchwork quilts, made up of thousands of squares (warehouses and suppliers) and stitches (supplychain systems). While this patchwork quilt has operated well for the past few years, modern retail supplychains have reached a point where the stitches threaten to rip.
Three years later, he stayed with his $300-a-barrel prediction, but shifted the timeframe to 2020 (see the CBS News article, Another $300 Oil Prediction — and Why This One Matters ). I use this example to illustrate the challenges (or, perhaps, the futility) of making supplychain and logistics predictions.
If the word collaboration was listed on a card as a drinking game at supplychain conferences, we would be drunk at many. While we speak of collaboration, the focus is on driving enterprise results not value in value chains. Cash-to-Cash Metrics. Here I share perspective on cash-to-cash abuse. I am troubled. Inventory.
There are 3 common myths when it comes to adding new voice solutions to existing host or warehouse management systems (WMS): The Legacy Myth – You need a Tier 1 WMS to use voice-directed mobile applications so you should replace your custom-built systems or upgrade your legacy WMS package before looking at other solutions.
The concept of automating processes and activities is a major sticking point for supplychain and logistics. Supplychain and logistics automation allow companies to refocus their efforts on tasks requiring human hands, and redundant tasks can be automated through robotics , as well as technologies designed to assist human workers.
At the onset of the Covid-19 pandemic, supplychain disruption became a common phrase in the media. In truth, it went well beyond what was being reported in the newspapers and on TV. Supplychain disruption became a key talking point for just about everyone. But now, we are in a new era of supplychain disruption.
This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. Coupa also offers a robust, market share leading, supplychaindesign solution. Here are my top take-aways from Coupa Inspire.
Supplychain technology is a difficult, exhilarating topic to cover in detail. Supplychain managers will focus on several key supplychain technology implementations or considerations which will impact consumer spending habits, consumer-business interactions and performance measurement.
But there is a type of solution known as multi-enterprise supplychain networks (MSCN). Metcalf’s law does not apply to these supplychain networks. Yes, these supplychain networks advantages do improve as more companies and users join. TraceGains’ solution digitizes the food ingredient supplychain.
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