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The modern supplychain is a complex network of suppliers, manufacturers, distributors, and customers, all interconnected and reliant on a shared ecosystem of trust and accountability. As industries evolve and global markets expand, ethical considerations have become central to supplychain compliance.
In most industries, supplychains have become increasingly complex. As a result, many organizations are moving toward supplychain orchestration as a structured method for improving coordination. Collaborative Workflows Supplychains involve many teams and companies working toward the same outcome.
Supplychain practitioners seeking the best way to speed decision intelligence, unify supplychain data, and increase operational efficiency can benefit from a supplychain data gateway. Here are 10 ways a supplychain data gateway can improve your performance across the end-to-end supplychain.
Pledge) , including its global supplychain sustainability solution for beneficial cargo owners (BCOs), enterprise supplychain leaders and logistics service providers (LSPs). truck, rail, barges), and sea. truck, rail, barges), and sea.
The technological landscape is dynamic and changes quickly. And for procurement and supplychain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle.
Why Transformation Is a Boardroom Priority Supplychain management is now a core strategic concern for business leaders. Companies that fail to modernize face supply shortages, revenue loss, and regulatory risks. A data-driven, technology-enabled approach is required to build resilience and efficiency.
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.
SupplyChain & Logistics News December 2nd – December 5th Experts claim that Cyber Monday the Monday following Thanksgiving is one of the busiest days for deliveries followed by the Mondays leading up to Christmas. As the demand sees no end and trade wars wage on, the future of the supplychain will not come without hiccups.
Supplychain practitioners seeking the best way to speed decision intelligence, unify supplychain data, and increase operational efficiency can benefit from a supplychain data gateway. Here are 10 ways a supplychain data gateway can improve your performance across the end-to-end supplychain.
A new survey shows 55% of enterprises anticipate a major supplychain disruption to strike any time. With disruptions looming, procurement and supplychain managers are stepping up their game. What new tools and strategies can help? The report answers all these and more. And guess what?
NIS 2 Has Deep Impacts on the SupplyChain, Not Just Plant Operations The manufacturing industry is undergoing a significant transformation as it grapples with the implications of the Network and Information Systems Directive 2 (NIS 2). This includes risk analysis, security of supplychains, and incident response capabilities.
In today’s interconnected global economy, sustainability within supplychains and logistics has become a necessity rather than an option. For senior leaders, understanding and integrating the three pillars of sustainability—environmental, social, and economic—into supplychain strategies is essential.
Schneider Electrics latest initiative emphasizes how AI-native software can streamline sustainability efforts across complex supplychain and logistics networks. Unlike traditional tools that assist with tasks, agentic AI is built to execute them.
However, as carbon taxes and emissions reporting requirements continue increasing, supplychain professionals face mounting pressures from inside and outside their organizations to measure and improve performance against new, nebulous sustainability metrics. Sustainability is high on the list of favorite corporate buzzwords.
From new pricing strategies and material substitutability to alternative suppliers and stockpiling, a new GEP-commissioned Economist Impact report reveals that enterprises are adopting a variety of approaches underpinned by data and technology.
Hosted at the Gaylord in Nashville the week harnessed the theme of machine speed and precision across connectedsupply chain processes. Supplychain modernization must occur in todays digital-centric world. The past approach of limited, incremental improvements is not sufficient for today’s supplychain needs.
It has led supplychain vendors to discuss how they currently use artificial intelligence. Further, virtually every supplier of supplychain solutions is eager to explain the ongoing investments they are making in artificial intelligence. When it came out, ChatGPT seemed like magic.
Supplychain disruptions have become a persistent operational risk. Traditional supplychain planning, which relies on historical data and reactive adjustments, is no longer adequate for managing these challenges. Amazon is a leader in AI-driven supplychain management.
According to research by Ernst & Young LLP, the global consulting firm, as the Covid crisis recedes, supplychain executives are losing the strategic gains they made with their C-suite counterparts. 28% of supplychain leaders cite cost reduction as one of the top three priorities currently.
In 2025, many challenges will persist, but procurement and supplychain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI).
SupplyChain & Logistics News Round-Up (October 7th – 11th) This past week, I’ve been playing tourist in London, one of my favorite cities in Europe. In the context of supplychains, I found the exhibit fascinating and saw that the obsession with foreign objects has persisted throughout history.
All supplychain vendors seek to position themselves as leaders in supplychain AI. The current AI landscape can be viewed as a series of wars,” where companies and organizations are battling for dominance across various technological and market battlefronts. But there is a larger AI ecosystem.
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 sustainability is increasingly important for companies facing expectations from investors, regulators, customers, and employees. Integrating ESG across supplychains presents clear operational and strategic challenges that require focused attention. Data collection and verification remain areas of concern.
Mr. Masson recently wrote the report “ Industrial-grade AI: Transforming Data into Insights and Outcomes.” Frederic Laluyaux, the CEO of Aera Technology, agrees with this assessment. In the supplychain arena, the need to make course corrections is exploding. Business cycles are compressing.
Five years ago, we all thought the COVID-19 pandemic resulted in the most disrupted supplychain landscape we would ever see. Since then, supplychain disruptions and volatility have only increased. That may sound impossible, but new technology places this capability within the reach of every organization.
Robotic Process Automation (RPA) refers to process automation that combines process steps with decision models or business rules with little to no human oversight. APQC conducts research on supplychain and logistics to help organizations assess the performance of their own processes and functions compared to their peers.
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.
This Gartner report, provided complimentary of TadaNow, provides answers to questions that SupplyChain leaders in Manufacturing companies have –– from definitions and scope to framework, how to leverage it all, and best practices. How are these related to the five building blocks of a supplychain control tower: 1.
This requires a thorough readiness assessment, selection of appropriate technology, and careful integration with existing business processes. It is crucial to assess the organization’s technological infrastructure, supplychain processes, and compliance frameworks to ensure they are aligned with DPP requirements.
Gartner predicts that by 2026, 95% of data-driven decisions will be at least partially automated. In fact, Gartner also found that only 10% of CEOs say their business uses AI strategically, and just 9% of technology leaders report having a clearly defined AI vision statement. The secret?
In a keynote session at LogiCon24 , one of the speakers, Rachel Wilson, spoke in detail on tactics to supplychain cybersecurity risk mitigation. Patch & Update Devices: Software manufacturers are constantly discovering new flaws, bugs, and weaknesses in their code. Here are 10 tips for avoiding and managing cyber-attacks.
Atlanta, GA – November 21, 2024 – Logility SupplyChain Solutions, Inc. Logility ) ( NASDAQ: LGTY ), a leader in AI-first supplychain planning software, today reported its second quarter fiscal year 2025 financial results. Software license revenues were $0.1 million compared to $0.5
This report explores how the state of supplychain network design has changed – including how the tools, maturity models, and market demands are transforming the network design practice. This report is useful if you are interested in: Exploring new network design insights and capabilities. Industry benchmarks.
If you’re exploring procurement technology, chances are you’re not just looking for a better tool – rather, you’re looking for a smarter, scalable strategy. AI, automation, and generative tools are redefining efficiency, allowing procurement teams to move from reactive to proactive decision-making.
October 14th – 18th 2024 SupplyChain & Logistics News Yesterday, I landed back in the States from my autumn getaway. These efforts aim to support Amazon’s operations with clean energy while advancing nuclear technology.
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 comes from Joan Lim, Senior Manager, Product Marketing at Oracle and looks at the intersection of autonomous supplychains and sustainability.
Home No More Black Swans: The Age of SupplyChain Uncertainty Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. The Problem with Fragmented Solutions The logistics technology space is undeniably crowded.
How can new technologies help your team improve? Find out in this new research report. It’s a debate as old as supplychains themselves. This new guide exposes many of these vulnerabilities and sheds light on how supplychain teams are adapting to the "new normal." Inventory: asset or liability?
The convergence of robotics, artificial intelligence, and sensor technologies is enabling new levels of automation in both warehouse operations and last-mile delivery. Automated Guided Vehicles (AGVs) follow predefined routes and are well-suited for repetitive, fixed-path material transport.
As technologies like artificial intelligence (AI) gain traction, the focus has remained on practical applications that yield incremental improvements rather than wholesale infrastructure change. AI is playing an increasingly pragmatic role in optimizing supplychain operations.
As the logistics technology sector continues to mature, the number of tools, solutions and platforms that supplychain stakeholders are using (juggling?) Likewise, the use of multiple tools and systems (for now) means effective integration is becoming more and more crucial. are growing too.
The pace of technological evolution is pushing organizations to the brink. This is more evident in supplychain, where time-tested methods are being replaced with new ones. The groundbreaking technology is transforming how companies manage sales and operations planning (S&OP). Enter Generative AI (GenAI).
Your Roadmap to Smarter Spend Management in 2024 Geopolitical, economic and supplychain challenges will stick around in 2024, but don’t despair. There are strategic opportunities to leverage AI-powered technology and digital toolsets to overcome these hurdles more effectively.
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