This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
When you talk to companies that have implemented enterprise or supplychain applications, executives will usually admit that they have under-invested in training and preparing users to use the new technology. Molex implemented a multi-enterprise supplychain network platform from SAP called SAP Business Network.
With the advent of the digital era, supplychain has transformed dramatically. To increase flexibility, responsiveness, and competitiveness in the long run, the investment in supplychain digitalization will increase by 10%-15% over the next few years.
The ThroughPut Catalyst Program directly addresses the common hurdles organizations face when attempting to digitalize their supplychain processes, such as financial constraints and tool fatigue. Its the fastest way to build the case for transformation without the usual risk and resistance.
The ThroughPut Catalyst Program directly addresses the common hurdles organizations face when attempting to digitalize their supplychain 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.”
In 2025, we will likely see many supplychain organizations creating multi-purpose COEs that carry out several different processes. They also perform P2P transactions, analytics studies, business intelligence, and other work. AI technologies may be very helpful in improving the efficiency of such processes.
Below are the individual web links and prime takeaway messages from each of our prior postings: Part One : Michael observed that standard sourcing solutions struggle to support direct materials sourcing because of specific challenges in legacy software design.
The SupplyChain Matters blog provides observations and additional information perspectives related to the 2025 State of Logistics report. The report points to an upcoming period of high uncertainties along with the need to fundamentally rethink supplychain resilience as a strategic imperative.
Regulatory Pressure: Growing demands for transparency and reporting due to regulatory requirements. Circular Economy Models: A shift towards closed-loop systems that prioritize recycling and resource reuse. Collaborative Networks: Increased efforts to share best practices and enhance supplychain effectiveness across businesses.
From electronics manufacturers to retail giants, companies are grappling with a complex landscape of rising duties and other supplychain challenges. The stated aim of those measures is to bolster domestic manufacturing and reduce reliance on foreign supplychains. In the U.S., An estimated 60% of U.S.
The Ferrari Consulting and Research Group through its affiliated SupplyChain Matters blog provides summary themes of our soon to published 2025 annual predictions for industry and global supplychains. However, global and regional production and purchasing activity as measured by the J.P.
GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. When a company undergoes a digital transformation, the transformation should be based on an understanding of what they want to achieve.
Leaders surveyed in third annual ToolsGroup and CSCMP report are “extremely concerned” about external supplychain threats but lack people to make transformation succeed. From January to March 2022, CSCMP and ToolsGroup surveyed more than 300 supplychain professionals around the world.
Well, my big audacious prediction for 2015 did not come true. Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. But some of my other predictions did hit the mark or came close. Making supplychain and logistics predictions is like throwing darts at a moving target.
When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” The supplychain is a complex system with increasing complexity.
Today, fewer and fewer supplychain professionals make the event. To make the event profitable, SAP Insider now combines supplychain, customer relationship management, human resource management, and product life cycle management. I remember attendance for the supplychain event was 5,000. It worries me.
At their request I wrote on the digital supplychain. Digital supplychain is such a buzzword. The digital supplychain is about SO much more than gadgets.” Yet, within the supplychain, everyone waits for data and insights. One of my clients waits four days for a custom report.
Changes in our lives, economies and supplychains are ubiquitous and well embedded now. Challenges drive dramatic shifts in supplychain and logistics. Across many of our industries, conventional wisdom about best practices for supplychain operations and logistical networks is being challenged.
The old lumberjack came out of the forest and went for supplies. At the store, the salesman showed him the newest tool for cutting trees called a chain saw. But if you consider how many people think about supplychainsoftware it’s like the old lumberjack and the chain saw. He bought one.
From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supplychain optimization software. This reality is compelling F&B companies to rethink their strategies and approach to supplychain optimization and demand planning.
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.
For the last decade supplychain leaders and CIO’s have been evaluating when and how to move their supplychain applications to the cloud. Increased visibility – a cloud platform provides real-time visibility into critical supplychain data, such as inventory levels, which can help you make informed decisions.
Source: SupplyChain Digest. What does it take to create an award-winning supplychain? Last month, Lennox Residential was runner-up in the 2015 Council of SupplyChain Management Professionals (CSCMP) SupplyChain Innovation competition, arguably the top supplychain award in North America.
I interviewed John Sobeck, Vice President Material Management Services and SupplyChain 4.0 at the ZF Group, about their digital supplychaintransformation journey. They began this journey before the term “digital transformation” was even being used. The ZF supplychain is complex.
Supplychain disruptions, like the one we are currently experiencing due to the COVID-19 Pandemic will continue to happen. Although I am sure I missed a few, the point is our global, complex, fast-paced supplychains can be disrupted in hundreds of ways and I for one don’t see that changing anytime soon.
ATLANTA (August 24, 2022) American Software, Inc. NASDAQ: AMSWA) today reported preliminary financial results for the first quarter of fiscal year 2023. million for the same period last year, and software license revenues were $0.3 Company and Technology. million and purchased Starboard Solutions Corp.,
The leading IT magazine, CIO Review, today published a special issue on supplychaintransformation, and included an article I wrote on spend management as a core capability. This value is an important component in calculating the cost of goods sold in the financial statement.
Joint Microsoft and ToolsGroup planning solution will support POOLCORP’s goals of improved service to customers and increased profitability amid demand and supply volatility. Combined with continued supplychain challenges, these trends accelerated POOLCORP’s desire to create a more robust and resilient supply network.
ATLANTA (August 25, 2021) American Software, Inc. NASDAQ: AMSWA) today reported preliminary financial results for the first quarter of fiscal year 2022. million for the same period last year, and Software license revenues were $0.5 million for the same period last year, and Software license revenues were $0.5 Trinseo S.A.,
ATLANTA (November 18, 2021) American Software, Inc. NASDAQ: AMSWA) today reported preliminary financial results for the second quarter of fiscal year 2022. million for the same period last year and software license revenues were up slightly to $0.8 million for the same period last year, while Software license revenues were $1.3
The retail industry has been witnessing unending turmoil over the last couple of years by way of a series of challenges – ranging from shifts in purchasing habits and consumer demands to the vagaries of a relentless global pandemic that continues to trigger seismic upheavals. Focus on both top and bottom-line growth.
While having your groceries, takeout, and new electronics delivered to your doorstep may provide an added convenience for you, what you don’t see is how that small, yet significant change, is sending a ripple of disruption in supplychains across all industries. . Cause of SupplyChain Scarcity and How It’s Impacting Auto.
Technology is defined as the application of scientific knowledge for practical purposes, especially in industry. To narrow the discussion, I will look at the technology trends identified by two of the world’s largest consulting firms — Deloitte and Gartner. In Part Two, I will discuss Gartner’s nine technology trends.
From tech giants to manufacturing leaders, the top 10 CEOs in the supplychain industry have blazed a trail of success. The Top 10 CEOs Who Have Worked As SupplyChain Professionals 1. Tim Cook Tim Cook, the CEO of Apple, has a background in operations and supplychain management. Don’t forget!
. “Digital transformation is the profound transformation of business and organizational activities, processes, competencies and models to fully leverage the changes and opportunities of a mix of digital technologies and their accelerating impact across society in a strategic and prioritized way, with present and future shifts in mind.”
In this Part 2 blog post, we will continue to explore how automotive manufacturers are carrying out effective supplychain initiatives and their innovative solutions. Salim: Our automotive customers are increasingly looking at how to counter inflation but at the same time how to enable supplychain resiliency.
New tools to augment and automate human activities. According to Girzadas, “Humans have been developing new tools to work faster and make activities less labor-intensive ever since cave dwellers used sticks and stones to subdue dinner. Today, however, we’re beginning to apply technology to nonroutine cognitive tasks.
The supplychain leader is incredibly busy and made even busier by having to navigate systems that don’t work well. Through digital marketing, small brands are cropping up all over, and it is sentiment analysis and digital content driving purchases. Make digital supplychaintransformation a priority.
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. MercuryGate Launches Global, Omni-modal Freight Procurement Solution.
George Bailey, Managing Director of the Digital SupplyChain Institute, reports, “[2018 was] a banner time for supplychains and many companies have made substantial progress toward implementing a truly Digital SupplyChain that lowers cost and increases revenue.”[2]. ”[2].
Did you know that advanced analytics, when used in lieu of traditional statistical models, can help procurement departments increase cost efficiency by 3-8%? [1]. The procurement department of any business generates more data than is humanly possible to compute and comprehend through traditional means. Integration.
Contents SupplyChain Movement 19 – 2015 Q4. Sharing Dutch supplychain knowledge in Turkey. Acquisition of GT Nexus Underlines Infor’s Focus on SupplyChain. Supplychains in Europe are facing a wide variety of changes. Supplychains in Europe are facing a wide variety of changes.
Some say COVID-19 is changing the future of supplychain. Our research indicates that COVID-19 impacted 98% of businesses, with 60% reporting an ‘extreme’ impact. According to a pre-COVID report published by the Federal Emergency Management Agency ( FEMA ), 40% of businesses do not reopen following a natural disaster.
Improve Operational Efficiency and Eliminate Internal Complexity Through Digital Procurement From better spend visibility to reduced order times and more, can your organization afford to miss out on the benefits of digital procurement? “Any good procurement team needs access to reliable data.”
How to transform your supplychain (without waiting for your ERP to recover) Wholesale distribution and manufacturing (WD&M) has entered a new era where agility, speed and accuracy are no longer nice-to-haves, but rather uncompromising must-haves for meeting the new omni-channel B2B customer expectation.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content