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
“To improve,” the report rightly notes, “organizations should enhance supplychain visibility with robust data and analytics; use AI to foresee disruptions; keep business continuity plans current; and diversify supplysources, suppliers, manufacturing and logistics partners.”
Last year, many in the supplychaintechnology industry were warning companies all over the globe to prepare for the unknown. There is optimism around the corner, but a sunny outlook isn’t enough; it’s past time for supplychain leaders to transform their supplychains to become more agile.
This posting is our fifth installment in an ongoing supplychaintechnology market education series. 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.
Subscribe to SupplyChain Game Changer. SupplyChain Investment Challenges – Real and Imagined! Intelligent SupplyChaintechnologies article and permission to publish here provided by Dan Weinberger , UN SupplyChain Expert and CEO of Morpheus Network. Blockchain Technology.
This posting is the third installment in our ongoing supplychaintechnology market education series. 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.
The corporate responsibility solution can foster a strong, collaborative supply network, and can enhance corporate reputation with consistent social and environmental data that drives ethical sourcing decisions, transparent reporting and better risk management across the supply network.
Fictiv , a global supplychaintechnology company, announced that it has entered into an agreement to be acquired by MISUMIGroup Inc., ” About Fictiv Fictiv is a global manufacturing and supplychain company that enables organizations to scale globally without the typical barriers of cost, complexity, and risk.
In today's highly competitive marketplace, it’s imperative for businesses to innovate new ways to streamline their supplychain and optimize productivity. Additionally, through a more stable and efficient supplychain, you can greatly enhance customer satisfaction and retention. Source: Morai Logistics.
The following SupplyChain Matters multi-part guest commentary is authored by Michael Lamoureux who provides over 18 years of experience and observations and experience in procurement sourcingtechnology applications. Michael is the Editor-in-Chief of the Sourcing Innovation blog. We’ll explore each of these.
Humankind’s ongoing curiosity about space has countries competing to prove they have not only the technology, but also the resources and collective knowledge to go beyond our imagination. Accessing what’s beyond our globe has become an accepted source of socio-political promotion. Space Logistics and SupplyChain.
A comprehensive Source-to-Pay platform is a critical component of an organization’s IT environment. What is Source-to-Pay? The Source-to-Pay process itself is quite broad but it covers most if not all the aspects of a procurement organization, at least from a process and technology perspective.
Collaborate across departments: Engage stakeholders from different departments within the organization – not just supplychain management including logistics and procurement but sales, marketing, and finance. ERP, CRM, SCM), external sources (e.g., ERP, CRM, SCM), external sources (e.g., sensors, RFID tags).
Source: US DoD. Moderna reported on January 4 th that approximately 18 million doses of its vaccine have been supplied to the U.S. Supporting SupplyChainTechnology. Although Pfizer does not state the source of this capability, I assume the technology is provided by FedEx, UPS, and McKesson.
During his tenure in the industry, he built innovative pricing and forecasting models, leveraging internal and external data sources to improve internal decision-making and increase profitability. Prior to joining DAT, Adamo led the pricing and decision science teams at FedEx.
We decided 8 or 9 years ago that to create a competitive advantage, we really needed to control much of our supplychain. We’ve taken the same hybrid approach from a supplychaintechnology perspective. I’m responsible for the overall digital transformation, including technology.
Brian is the a Cofounder and General Partner of REFASHIOND Ventures , an emerging venture capital fund manager that invests in early stage supplychaintechnology. Brian Aoaeh is a Cofounder and General Partner of REFASHIOND Ventures , an emerging venture capital fund manager that invests in early stage supplychaintechnology.
By investing in technology and using data analytics to address these challenges, they can remain flexible in this turbulent economy and ultimately improve their bottom line. Failure to adopt the right technologies puts your job at risk and could lead to a disastrous outcome for your organization. Let’s get started.
Lisa Morales-Hellebo and Joe Lynch discuss The Worldwide SupplyChain Federation. Lisa is the Co-Founder and GP at REFASHIOND Ventures , an emerging venture capital fund manager that invests in early stage supplychaintechnology. Lisa is also the Co-founder of the Worldwide SupplyChain Federation.
Developing Diverse, Resilient Sourcing Strateg ies. Vetting all the tiers of the supply network has never been more important, especially when addressing growing expectations for social accountability, environmental responsibility, and financial reliability to establish a responsible sourcing network.
Driving Visibility, Intelligence, and Agility through SupplyChainTechnology on Cloud Whether we are talking about healthcare, food, or fashion, the supplychains which convert the raw materials to finished goods are getting more and more complex.
Near or re-shoring sourcing strategies will be evaluated to “shorten” supplychains and gain greater control of supplychain performance. Machine learning will go mainstream in supplychaintechnology. that make supplychain and logistics operations more productive and reliable.
Mastering SupplyChain Management – A Comprehensive Introduction This foundational course by Paul Denneman is FREE. In this course by Dyci Stregola , you’ll learn how to identify and evaluate potential technology solutions. It covers KPI selection, data analysis, and performance improvement strategies.
Companies importing and exporting goods, be it finished retail products, manufacturing components or materials, now face substantial cost and price pressures that squeeze margins and force difficult pricing, sourcing, operations and distribution decisions. For example, you might source from a domestic supplier that doesnt incur a tariff.
Moderna reported on January 4 th that approximately 18 million doses of its vaccine have been supplied to the U.S. Supporting SupplyChainTechnology. Although Pfizer does not state the source of this capability, I assume the technology is provided by FedEx, UPS, and McKesson. Government to date.
With on-demand logistics on the rise (due to high standards and expectations around accurate, fast, and reliable delivery), technology continues to play a tremendous role in supplychain efficiency. 5 supplychaintechnology trends to look out for. How to Choose a 3PL for Your Ecommerce Business.
Offers national pallet management services, acting as a single source for pallet supply, retrieval, and tracking. Operates a modern, technologically advanced fleet of 150 tractors and 900 food grade dry vans, providing dependable support to logistics and pallet divisions. Bettaway Pallet Systems, Inc.:
The basic frame of supplychain planning–functional taxonomies for optimization on a relational database–must be redesigned before supplychain leaders can reap the benefit of deep learning, neural networks, and evolving forms of Artificial Intelligence (AI). I term this our data jail. Why is this needed?
a leader in supplychain innovation powering the sustainable and resilient enterprise, has partnered with PwC to bring the latest innovation in supplychaintechnology and services enabling digital transformation to strengthen its local Brazilian market presence. “We ATLANTA – September 9, 2021 – Logility, Inc.,
Strategic Expertise at the Core: Renowned for excellence in strategic operations, sourcing, procurement, and transformation Kearney consistently ranks among global leaders in these areas.
Investing in and implementing smart sourcing and manufacturing solutions is not a quick and complete fix for today’s drug and device shortages, but it can help.
For UPS, “networked for growth” involves migrating its existing networks (Small Package, Freight, Logistics, Forwarding, and Technology) toward a single interoperable network, which would enable the company to provide more integrated and enhanced customer solutions and drive greater process efficiencies and innovation powered by analytics. .
No one knows, but in my discussions, business leaders agree that Artificial Intelligence (AI) is here, and the projected impact on supplychaintechnology looms large sending the industry into very different gyrations. How fast will it transform work, no one knows, but excitement reigns. Redefinition of Work in Planning.
This is because most classical planning solutions lack the modeling capability and computing power to accommodate different data sources, large SKU count, and detailed constraints and contingencies to build an immediately executable plan. each with discrete plans generated typically in sequential batch runs.
The supplychaintechnology market is in transition. Over the last three decades, the market weathered consolidations, mergers and technology shifts. Many of the clients I work with are nervous about SAP APO’s transition and the evolution of SAP’s supplychain planning solutions.
Network Analytics: Shippers gain granular visibility into capacity, helping them optimize sourcing and manage their transportation network more efficiently. RateView Analytics: DAT helps manage transportation costs with accurate market data, allowing shippers to set realistic budgets and adjust rates during volatile conditions.
Source Implications for Organizations Expanded Reporting Requirements: Under the CSRD, a broader range of companies will be obligated to report non-financial and sustainability information. Organizations will be required to disclose information on their supplychains, including environmental and social risks and impacts.
Today, supplychain excellence matters more than ever. During the pandemic, the supplychain discussions take new importance. While the supplychaintechnology market lost its allure at the start of the last decade, it is now cool again. The supplychain career is new. Challenges abound.
I recently read a thought-provoking report with several predictions about the future of supplychaintechnology. Diversity of sources (carriers + vendors + customers). Elaborating on my earlier point, viewing a supplychain network solely through the lens of the carrier component is severely limiting.
Mike Baudendistel and Joe Lynch discuss the CPG supplychain. Mike is the Head of Intermodal Solutions at SONAR, the leading freight market analytics tool and dashboard, aggregating billions of data points from hundreds of sources to provide the fastest data in the transportation and logistics sector.
Gartner, 4 Workstreams for Successful Implementation of Any Procurement Application Vishal Patel VP Product Marketing Vishal has spent the last 15 years in various roles within the Procurement and SupplyChaintechnology market. An Analysis by Ivalua Read More : What is Source to Pay Best Practice?
Data Sources and Accuracy: Farelanes sources its data from trusted nationwide and custom geographic segments, ensuring accurate and transparent real-time pricing information. Farelanes Gold: Aimed at shippers, offering comprehensive pricing insights.
Last week, Clint Reiser published an article highlighting our 2022 supplychain predictions. While we have published predictions about supplychaintechnology trends at the beginning of the year in past years. This year we have decided to lead with our predictions about the broader supplychain function.
When considering the typical challenges we cater for from our digital capabilities perspective, in connection to sustainability, you need to think of the lack of resilience in current value chains. Source : Designing Disruption. Figure 1 : Potential use case benefits. The critical role of virtual twins in accelerating sustainability.
Source: 2017 Gartner SupplyChainTechnology User Wants and Needs Study, Dwight Klappich. The annual Gartner SupplyChainTechnology User Wants and Needs Study, now its tenth year, is one of this industry's most comprehensive studies of supplychain users.
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