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Proactively adopting cleaner energy sources ensures alignment with these evolving regulations. The industry’s dependency on traditional energy sources necessitates an urgent shift toward cleaner alternatives. Investment in research and partnerships is crucial for scaling these solutions industry-wide.
According to research by Ernst & Young LLP, the global consulting firm, as the Covid crisis recedes, supply chain executives are losing the strategic gains they made with their C-suite counterparts. The EY research suggests that at many companies, that opportunity is receding. What gets measured affects what gets prioritized.
And one of the main objectives of all this digitized data and integration in one source of truth is supply chain visibility , that will not only let logistics experts optimize operations, but also detect and react to disruptions.
Collin Masson, Director of Research at ARC Advisory Group. Colin heads up ARC’s research into Industrial AI. Edge Hardware: The battle for edge hardware also intensified in 2024, as companies sought to deploy AI capabilities closer to the source of data. But there is a larger AI ecosystem. billion in funding.
Just by embedding analytics, application owners can charge 24% more for their product. How much value could you add? This framework explains how application enhancements can extend your product offerings. Brought to you by Logi Analytics.
Companies leaning heavily on global sourcing? manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. Consequently, when shortages emerged, they had already secured alternative sources, thereby averting a significant disruption to production. For example, U.S.-based
This ambitious initiative is set to transform various aspects of the supply chain, from manufacturing and job creation to research and development, infrastructure upgrades, and sustainability efforts. Research and Development A significant portion of the investment will be allocated to research and development (R&D).
With deep-tier mapping of supply chains, companies can manage upstream supplier risk and downstream buyer exposure while optimizing alternative supplier sourcing and ensuring trade compliance. digital twins) to visualize and assess the outcomes of different planned responses.
A first-of-its-kind research project was published by the FAIRR Initiative, addressing human rights violations and overfishing in the seafood supply chain. Lastly, West Central Ag services were acquired by CHS forming a new ag retail business and BSR released its 2025 supply chain outlook.
Many application teams leave embedded analytics to languish until something—an unhappy customer, plummeting revenue, a spike in customer churn—demands change. But by then, it may be too late. In this White Paper, Logi Analytics has identified 5 tell-tale signs your project is moving from “nice to have” to “needed yesterday.".
Access to Unique Process and Asset Capabilities: Some suppliers offer unique skills, technologies, or processes that are not available in-house or through other sources. For instance, suppliers may have strong Vendor Management process expertise that will help reduce working capital. Nari Viswanathan is Sr.
One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. S2P: Where to Start Ivalua provides a comprehensive set of integrated solutions that span the entire Source-to-Pay lifecycle.
This move aligns with LGs strategy to expand its presence in the robotics sector, particularly in industrial automation, where its Production Engineering Research Institute is driving growth through AI and digital transformation.
This move aligns with LGs strategy to expand its presence in the robotics sector, particularly in industrial automation, where its Production Engineering Research Institute is driving growth through AI and digital transformation.
Think your customers will pay more for data visualizations in your application? Five years ago they may have. But today, dashboards and visualizations have become table stakes. Discover which features will differentiate your application and maximize the ROI of your embedded analytics. Brought to you by Logi Analytics.
One of the most transformative tools in this regard includes, digital sourcing or also referred to as, e-sourcing applications. These digital platforms have revolutionized how businesses approach sourcing by enhancing efficiency, reducing costs and fostering better supplier relationships.
Companies must harness a wide variety of data structures and formats, spanning internal and external sources. In her prior role as a Research Analyst, she advised over 1000 global companies on a range of supply chain strategic and operational topics at the intersection of digital and technology.
In Part One of the series , Michael observed that standard sourcing solutions struggle in efforts to support direct materials sourcing because of specific challenges in the software design. He further established the case for why supply chain teams need to context integrated sourcing as well as procurement.
What Is Strategic Sourcing? A Complete Guide Strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. It is called strategic because it replaces traditional ad hoc approaches to sourcing, which were almost entirely focused on cost savings, item by item.
In Part One of the series , Michael observed that standard sourcing solutions struggle in efforts to support direct materials sourcing because of specific challenges in the software design and why. Much of this has to do with needs for deep integration and two way flow of data streams.
Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. How Has Strategic Sourcing Evolved?
In parallel, I am involved in several research projects. In other studies, I am working with data scientists and statisticians to glean insights from over sixty quantitative research projects over the last decade. In short, the research tells me that the manufacturing industries are stuck. What defines a feasible plan?
When I started this research project, I was busy. One of my lessons learned in completing survey-based research over the past twelve years, is that projects are full of surprises. Figure 2: AMR Research Hierarchy of Metrics First Published in 2005 Demand error is at the top of the Gartner hierarchy.
The research highlights key findings from the survey of over 120 senior operations leaders, indicating a shift in priorities from pure cost efficiency to a more balanced strategy emphasizing innovation, riskmanagement, and the integration of technologies like GenAI in supply chains.
As a contrarian voice in the industry, I want to share some research to steer the conversations towards a more fact-based dialogue. (I In this post, I want to focus on tactics that work and don’t drive success based on recent research of 107 business respondents. The panel group is sourced from my group of LinkedIn followers. (The
Linkedin Comment Donald Cavin Data Warehousing Consultant at Ohio State University Comprehensive Cancer Center-James Cancer Hospital & Solove Research Institute. In 2004, I joined AMR Research, a Boston Analyst firm. Too few companies have a holistic approach to embrace the plan, make, source, and deliver together.
As reported by Paul Wiseman on February 7th, “For the first time in more than two decades, Mexico [in 2023] surpassed China as the leading source of goods imported by the United States.” This news prompted us to ask members of our Indago supply chain research community — who are all supply chain and logistics.
The following Supply Chain Matters multi-part guest commentary is authored by Michael Lamoureux who provides over 18 years of experience and observations and experience in procurement sourcing technology applications. Michael is the Editor-in-Chief of the Sourcing Innovation blog. We’ll explore each of these. Why is this?
ARC Advisory Group’s Global Warehouse Automation Research study is now complete and available for purchase. The research process includes an analysis of large amounts of information and interviews with executives from numerous warehouse automation providers; and concludes with the publication of ARC’s research study.
Author’s Note: At the ProMat conference earlier this year, I delivered a presentation at the Locus Robotics booth titled “Warehouse Robots: What We’ve Learned So Far” based on research results from our Indago supply chain research community and other sources. Below are some excerpts from the presentation and research.
Earlier this month, an executive in our Indago supply chain research community submitted the following question: “We see the future of transport moving toward electric and autonomous vehicles.
The results of the research are a good news, bad news story. Source: Descartes & SAPIO Research. Source: Descartes & SAPIO Research. Source: Descartes & SAPIO Research. On one hand, consumers expect to increase their online purchases post-pandemic.
APQC conducts research on supply chain and logistics to help organizations assess the performance of their own processes and functions compared to their peers. Survey respondents are second most likely to have implemented Robotic Process Automation in sourcing and procurement (20 percent).
To examine supply chain management priorities, performance, and anticipated trends, APQC conducted its 10 th annual Supply Chain Management Priorities and Challenges research, including a survey of more than 350 supply chain professionals from around the world and across multiple industries. For more information on the research, click here.
John is CEO of FreightPath, an innovative talent firm that offers both a comprehensive learning management system and a direct candidate sourcing solution. FreightPath addresses multiple industry challenges by offering both a comprehensive learning management system and a direct candidate sourcing solution.
The research methodology for the Supply Chains to Admire compares the performance of a company against its industry peer group for the metrics of Year-over-Year Revenue Growth, Inventory Turns, Operating Margin, and Return on Capital Employed (ROCE). No planning technology today can do this.
We’re talking about solving for the entirety of the procurement lifecycle from strategic sourcing through execution and analysis. Moving Beyond Excel-Based Workflows Our research shows that 73% of enterprise organizations still rely on Excel spreadsheets to manage procurement and booking workflows.
The research report What Are Companies Doing to Survive the Supply Chain and Logistics Workforce Challenge? Figure 1: Technologies that have/will be deployed to mitigate labor worker shortages Source: Descartes & SAPIO Research Real-time shipment tracking is the top tech choice to improve the productivity of knowledge workers.
Marisa Brown, Senior Principal Research Lead, Supply Chain Management at APQC (American Productivity & Quality Center) recently gave a presentation at ARC Advisory Group’s Supply Chain Forum. Because of the pandemic, risk management surrounding sourcing has become top of mind in supply chain organizations. In her presentation, Ms.
”[1] He added, “More than half of companies surveyed by Ventana Research say they have limited or no ability to understand complex trade-offs across their supply chain.” “AI allows you to integrate real-time data from various sources, helping you devise more efficient delivery routes and schedules.
” When I asked the question, I got an answer from LinkedIn that the research focused on digital maturity with SAP. The research is generated by SAP. The focus is less on integration to transactional data and more on insights and orchestration of decisions across make, source, and deliver with a focus on trade-offs.
Source: IDC FutureScape: Worldwide Supply Chain 2022 Predictions — APEJ Implications. Tender documents and responsible source guidance are requiring suppliers to show evidence of their actions to support ESG initiatives, as well as the actions of their suppliers. Companies, both large and small, are changing.
The American Transportation Research Institute (ATRI) continues to rank driver shortages, driver retention, and the costs of extensive regulatory compliance on carrier operations as top concerns for carriers. Due to this awareness, freight sourcing is receiving increased interest from shippers. Ease of use is also essential.
S&OP Challenges In a recent research study of business executives, the top three challenges were: not having technologies that support the S&OP process, issues with the role of finance and the budget, and the lack of understanding by the executive team. This is the same list I discussed in my research in 2006. Sound familiar?
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