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
Sustainability is high on the list of favorite corporate buzzwords. However, as carbon taxes and emissions reporting requirements continue increasing, supply chain professionals face mounting pressures from inside and outside their organizations to measure and improve performance against new, nebulous sustainability metrics.
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.
The transition to renewable energy and the adoption of sustainable practices are now essential for reducing environmental impact, ensuring regulatory compliance, and maintaining competitiveness. Retrofitting existing infrastructure with energy-efficient technologies further enhances sustainability efforts.
Corporate Knights also ranked the company the most sustainable company in its peer group and the 7 th most sustainable company overall. One essential tool used by the supply chain team is supply chain design. They also produce industrial automation solutions that allow factories to monitor and control production.
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.
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.
In the age of same-day delivery and rising consumer expectations, there is immense pressure on warehouses to perform at peak efficiency. That’s where warehouse optimization comes in. Here’s what you can expect: A clear definition of warehouse optimization and its core components.
For most CPOs and CFOs, deciding on the right purchasing setup — centralized or decentralized — is no small task. In this article, we’ll explain what centralized purchasing is, the challenges it tackles, the benefits of centralized procurement, and the types of companies that can benefit most from it.
Supply chain sustainability has become a very hot topic, but for a lot of people, there is uncertainty around its meaning. However, sustainability in logistics goes well beyond these initiatives, especially when we begin to look at energy transition. A recent ARC survey looked at reasons to address sustainability.
But it’s important to remember that while customers want their purchases fast, sometimes even the next day, many care about the environmental impact of that delivery as well. So, what set sustainability leaders apart from the rest of the pack? Packaging has an incredibly big impact on supply chain sustainability.
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. Technology integration: Leveraging digital tools to enhance visibility and decision-making.
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.
Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Lack of Transparency.
Power Your Business Sustainably Through Solar Energy. All of this has led companies in the commercial space to prioritise sustainability, which includes a trend towards adopting solar energy. Supply chain businesses jumping on the sustainability bandwagon. Partnering with Sembcorp to achieve your sustainability targets.
Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supply chains to navigate an increasingly complex global landscape. A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority.
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%
The pursuit of ever higher efficiency and speed have dominated transformation initiatives for more than forty years, driven in large part by the assumption that raw materials, commodities, warehouse space, transportation capacity and labor will be plentiful and immediately available at stable and often declining cost.
On a daily basis, supply chain teams are juggling new sustainability requirements, supply disruptions, sudden changes in consumer demand, and labor shortages. This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases.
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 supply chain agility. An agile warehouse layout enables continuous adaptability.
Various strategic steps and procurement procedures are incurred to make informed decisions about inventory production. The 7 Stages of the Inventory Life Cycle Procurement Acquiring necessary goods and materials before starting a business is essential. Warehouses and storage facilities are the places where inventory is stored.
With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?
Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts. This could be why, according to Forrester, 82% of organizations regret their software selection within 12 months.
However, the inability for consumers to initially see, feel or experience products they purchase online can create gaps between product expectations and what arrives at the doorstep. Compare this to the 9% returns rate of purchases made in-store. In the U.S, 21% of online orders were returned in 2021, up from 9% in 2019.
Table of Contents ** Minutes What are warehouse functions? But they couldn’t be more wrong: a warehouse is a dynamic hub of activity that is the foundation of the entire ecommerce order fulfillment process. What are warehouse functions? However, managing warehouse functions is no simple feat.
Further, under the provisions of the new legislation, companies’ responsibility extends beyond their own factories, warehouses, stores, and corporate offices to encompass their entire supply chain. Before going to the very well attended Coupa Inspire user conference, I was not exactly sure what a business spend management solution was.
Key Last-mile Delivery Technology Solutions How can technology directly impact last-mile operations and improve the customer experience? Sustainability: Reduce the carbon emissions impact of last-mile operations by adopting green fleets and implementing emissions reporting. Another crucial factor is the pace of innovation.
That said, implementing Lean concepts would undoubtedly be part of that strategy, for example, - Lean Warehousing : Many firms (both retailers and manufacturers) are now aggressively rolling out Lean in their warehouse operations. Eliminate Before You Automate : Automation is critical to large, efficient warehouse operations.
A central part of Amazon’s ultrafast delivery strategy is its network of warehouses that the company calls same-day sites. The facilities are a fraction of the size of Amazon’s large fulfillment warehouses and are designed to prepare products for immediate delivery. Amazon’s fast-shipping service can add fees for small orders.
Integrations include cloud ERP systems, data warehousesolutions, or big data systems – such as Microsoft Azure Synapse and Snowflake – or can be driven by events or web services that make the platform more responsive. More than half (53%) say that cloud is enabling them to achieve greater resiliency and sustainability.
2019 is shaping up to be a year in which warehouses and distribution centers continue the development and implementation of technology-based processes. Dropshipping refers to manufacturers sending products directly, but products are purchased through a third-party. The state of the logistics industry is evolving. DOWNLOAD WHITE PAPER.
From establishing your warehouse to handling returns effectively, uncover crucial insights and effective strategies. Setting Up Your Warehouse Establishing a well-organized warehouse is your first key step towards successful self-fulfillment. How to Sell on Amazon! The Complete Guide! This guide is here to help!
Some logistics involves transportation or warehouses or both. It is evident, the two most popular themes around logistics in 2014 based on these page views have to deal with Reverse Logistics , e-commerce , and information around the warehouse. We thank all of our readers who have read our posts. Read the full Post. Read the full Post.
import volumes still climbing (see Figure 1), limited processing capacity at key West Coast ports and the International Longshore and Warehouse Union (ILWU) contract expiring next summer, importers will be scrambling to maintain the inventory they need to support the demand increase. The post Is it too Early For 2022 Predictions?
The impact of supply chain planning on sustainability According to Wikipedia, “sustainability is a societal goal that relates to the ability of people to safely co-exist on Earth over a long time.” Improving sustainability of a process starts by quantifying and measuring indicators, for example the amount of CO2 emitted.
Putting the Planet First: Bringing Sustainability To The Last-Mile With Logistics Technology. Parallelly, expectations around the overall purchasing experience have also grown steeper. Scale and Sustainability: The Ultimate Balancing Act. How does sustainable growth figure in this context? trillion in 2021, up from $4.2
Each year in the United States, the return of goods purchased for the holidays usually peaks on one day in early January; the volume is so significant the day has been designated National Returns Day. This year, due to an increased number of e-commerce purchases, retailers and shippers will experience National Returns Week.
Delivery has taken center stage as a key factor that consumers evaluate when deciding where to purchase their online goods. Last mile delivery is the final leg of the e-commerce supply chain that physically connects brands with consumers through the delivery of the purchase. A great delivery experience is a great competitive advantage.
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.
The company’s purchases continue to add new wind and solar projects on the grids that power operations, including Amazon Web Services (AWS) data centers, Amazon fulfillment centers, and physical stores around the world. Moller – Maersk is turning to flying drones to manage inventory counts in its warehouse network, the Danish firm said.
Now is the time to make this happen, especially as supply chain companies around the world make their pledge towards sustainability. At 2022’s end, the company had around 17 million square feet of “healthcare-compliant warehousing,” according to its 10-K. And now on to this week’s logistics news. The company is offering U.S.
Supplier Integration and Collaboration Building relationships with suppliers who are committed to sustainability is key to reducing your supply chain carbon footprint. Warehouse Energy Warehouse operations today offer big opportunities for carbon emission reduction through facility management.
Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.
The DPP is a key part of the EU’s broader Ecodesign for Sustainable Products Regulations (ESPR), which officially entered into force in July of 2024 as part of the region’s stated desire to “accelerate the transition to a circular economy model.”
As online retail continues its impressive growth, consumers and retailers alike are realizing the importance of delivery and its impact on purchase decisions. Retailers with faster, cheaper, more flexible and more sustainable shipping have a competitive advantage. To read the full article, click HERE.
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