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
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.
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.
Technology can change or even improve work. Companies today making a fundamental mistake: they are attempting to automate current processes with AI versus challenging and redefining work. Today, in supplychain planning, this could not be further from reality. What’s missing? This bearish attitude is well-founded.
Strategic sourcing and innovative solutions are often viewed as two distinct procurementtools, but they should not be seen in isolation. Think of them as apples and gearseach essential and effective on its own, yet when combined; they create a formidable mechanism for achieving procurement excellence. Click here!
For businesses, DPPs are becoming essential to comply with best practice guidance as well as coming statutory regulations that demand transparency in supplychains. Blockchain can also build trust in the supplychain, as all channel stakeholders can verify the same data.
The concept of automating processes and activities is a major sticking point for supplychain and logistics. Shippers need to understand the top supplychain and logistics automation trends to watch for in 2019. How New LTL Technologies & Processes are Changing the Shipping Game.
As businesses become increasingly global, professionals in the supplychain field must keep up with new technologies, trends, and best practices. Summary Table edX SupplyChain Courses vs. SCMDOJO Aspect SCMDOJO edX Focus & Specialization A dedicated platform focused entirely on supplychain management.
Mobile inventory management is a digital solution that combines a mobile inventory app with cloud-based software to track, manage, and optimize inventory in real-time. Cloud software: Stores and distributes real-time data, producing reports accessible to all team members. Let’s get started!
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? But what if you could get a clear, birds-eye view of your core performance without investing in complex, expensive software?
Prior to 2020, every supplychain in the world was challenged by increasing levels of demand unpredictability and market volatility. The sudden onset of COVID-19 only reinforced a lesson that supplychain professionals had already realized: uncertainty is the only real certainty. The Road to Agility and Resilience.
Last week I had the opportunity to speak with Ken Fleming , President at Logistyx Technologies. First and foremost, why have supplychaintechnologies weathered the Covid storm better than other industries, and what has it meant for parcel shipping? Are charges known at time of purchase? The Holiday Season.
GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. When companies want to digitally transform their supplychain capabilities, moving to an integrated business planning process (IBP) is often at the heart of the transformation.
In today’s digitalized world, more and more companies are moving away from paper and spreadsheet-based processes in favor of more accurate, simple, and efficient automation. Procurement operations are no exception. However, with numerous e-procurementsoftware vendors available, choosing the right tool can be overwhelming.
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.
Modern technologies can give manufacturers real-time insight into the ways products are moving in retail and online environments. In other words, manufacturers need analytics from point-of-sale systems, transportation metrics and more. Well, that concept holds true in the supplychain and for manufacturers alike.
Bowman, SupplyChainBrain The European Union is on the verge of rolling out a reporting regulation that promises to have a huge impact on businesses selling into the region. The DPP “represents a significant advance in product transparency and sustainability,” according to an EU report published in September of 2024. “As
The McKinsey report “How COVID-19 is changing consumer behaviour – now and forever”, bluntly illustrates how this change occurred more quickly and seismically than anyone predicted – so fast that it’s apparent the capacity to adapt had always been there. . SupplyChain Resilience.
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. It requires new forms of analytics, cloud-based solutions and the design of packaged applications from the consumer back. The analyst market is also broken.
As I wrote earlier this year in Is Your Business Model Safe? , I also shared with them my view that companies will ultimately find opportunities for supplychain innovation at the intersection of Software, B2B Connectivity, and Social Networking — a trend best illustrated by the rise of SupplyChain Operating Networks (SCONs).
This year looks like it's going to be one of the most innovative years for manufacturing technology. Purchasing and supply executives predict that the global manufacturing industry will continue to expand. 4 Technologies Changing Global Manufacturing, As Told in 4 Infographics. Predictive Data Analytics.
The Covid-19 pandemic has confirmed what we already knew: modern supplychains must be built on a foundation of extreme agility and responsiveness. The sudden onset of Covid-19 only reinforced what supplychain professionals had already realized: uncertainty is the only real certainty. Detection and Response Challenge.
Purchasing? Or procurement? Although quite similar, procurement and purchasing are two distinctive processes , and understanding the difference between them can help facilitate your organization’s success. Scroll down to find: Procurement and purchasing: side-by-side comparison table ; Procurement and purchasing defined.
Suppliers are facing increasing pressure from the buyers of their goods and services to report their environmental, social, and governance data. Increasingly, companies will take sustainability criteria into account in their purchasing decisions. The data, which is reported on the EcoVadis platform, highlights the supplier’s emissions.
Various strategic steps and procurement procedures are incurred to make informed decisions about inventory production. Watch videos on SCMDOJO’s YouTube channel to learn more about best practices for inventory optimization! Storage Once the procurement procedure is done and dusted, the place where inventory is stored enters the ground.
Will the supplychain ever catch a break? 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. Raw Material Shortages Are Affecting a Challenged SupplyChain.
Subscribe to SupplyChain Game Changer. Digital SupplyChain Overview! Digital SupplyChain evolve article and permission to publish here provided by Megan R. People often position the digital supplychain as essential for helping today’s businesses succeed. Email Address.
Jassy called generative AI a “once-in-a-lifetime” technology that will change the way the company operates, and said Amazon is already using it in “virtually every corner of the company,” calling out the supplychain areas of inventory and demand planning as examples. prediction made in March.
Blue Yonder was named a Leader in this inaugural report and the leader in the Better Functionality quadrant based on an evaluation of our Blue Yonder Warehouse Management solution. This honor comes after Blue Yonder was named a Leader in the Transportation Technology Value Matrix 2023 earlier this year!
Vaibhavi Tamizhkumaran, a Digital Marketing Executive at Indium Software, writes, “The retail industry is constantly changing and will continue to evolve, from concentrating efforts on website growth and online retail to needing faster shipping speeds. Cognitive computing technology taps into social media to make this a reality.”
The Covid-19 pandemic has confirmed what we already knew: modern supplychains must be built on a foundation of extreme agility and responsiveness. The sudden onset of Covid-19 only reinforced what supplychain professionals had already realized: uncertainty is the only real certainty. Detection and Response Challenge.
Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . Let’s start with their business model and current challenges. There are interesting challenges within the AmRest business model at the supplychain level.
Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . Let’s start with their business model and current challenges. There are interesting challenges within the AmRest business model at the supplychain level.
Prioritizing technology solutions in today’s digital environment is a necessity. The businesses of tomorrow need technology solutions that give real-time information in order to make key business decisions when it comes to inventory. Cost overruns and work stoppages affect the bottom line. Scalable growth is impossible.
FeaturedCustomers is the leading customer success content marketing platform for B2B business software and services, helping potential B2B buyers make informed purchasing decisions through vendor-validated content. The full report, along with ToolsGroup’s profile, is available for you to download here.
Will Logistics Technology Take My Job? Who hasn’t asked themselves whether technology is threatening their job? A White House report from 2016 estimated that 80%-100% of long-haul trucking jobs may be threatened by artificial intelligence. How does such optimism reconcile with that White House report? DOWNLOAD SURVEY.
The power of Integrated Business Planning (IBP) comes in helping companies align financial, sales, production, procurement and marketing information into a single plan, grounded in modern-day reality. You need to examine revenue, cost and margin impacts of every scenario under consideration. The Future of IBP is Now.
Discover Ways to Boost SupplyChain Visibility through Digital Marketing Supplychain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supplychain visibility.
Looking back a few months, no one could have predicted the current state of the global supplychain. Although maybe we should have been better prepared, after-all this is not the first major supplychain disruption faced by most companies. As supplychain professionals we are constantly tested by disruptions.
Technologies Reshaping the Global Digital SupplyChain! Imagine what the future will look like in SupplyChain! There are articles which describe what the future of SupplyChain will be like in 2020, 0r 2025, or even 2030. Enabling Technologies. The “Don’t Touch” SupplyChain.
Over the past few years, there has been a lot of hype about blockchain and its potential to make supplychains better. ”[1] Journalist Adrianne Jeffries ( @adrjeffries ) believes part of the problem is that understanding blockchain technology can be both confusing and difficult. .”[1] ”[2] Robert J.
This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?
We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, SupplyChain, Logistics, and Transportation Management. 2016 SupplyChain Trends: The First 7 of 12. The second is that automation applied to an inefficient operation will magnify the inefficiency.
Subscribe to SupplyChain Game Changer. The Digital SupplyChain (SC 4.0) All of the technologies that we hear about every day, from Blockchain to Virtual Reality, have many areas of applicability in both our personal and business lives. In the simplest terms we are entering the age of the Digital SupplyChain !
In a sense, these common occurrences reveal how much of an impact the concept of a circular economy and thusly, the circular supplychain is having on consumers. What is the Circular SupplyChain? Driving Forces of the Circular SupplyChain. Merging of Services and Products.
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