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
Artificial intelligence (AI) and rapidly developing generative AI tools provide complex, real-time, and in-depth insights specific to supplychain management. Further, AI-driven demandsensing allows businesses to combine scattered data which is essential for better forecast accuracy.
Jack Fiedler, the vice president for digital transformation of the global supplychain at Lenovo Lenovo is ranked tenth by one leading analyst firm among a list of global companies with exceptional supplychains. Jack Fiedler : We’re unique in the technology industry. That has worked out well for us.
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.
Schneider Electric has been working to simplify its supplychain over the last few years. This French public multinational was selected as having the best global supplychain by a leading analyst firm. Schneider Electric’ssupplychain operation is of great interest to other practitioners.
But investing in supplychain and procurement technology will help manage inflationary pressures better. Here are 3 tools that GEP recommends for your company to use. As inflation and geopolitical instability worsen, many companies are going slow on investments.
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.
At ToolsGroup, we’ve long championed probabilistic demand forecasting (also known as stochastic forecasting) as the cornerstone of effective supplychain management software. Like betting that a champion racehorse will win a specific race, this “single-number” forecast assumes one definitive result.
Machine learning (ML)a specialized field within artificial intelligence (AI)is revolutionizing demandplanning and supplychain management. According to McKinsey , organizations implementing AI-driven demand forecasting solutions can reduce forecast errors by 30% to 50%.
Safety Stock: Navigating SupplyChain Volatility Through Strategic Inventory PlanningDemand volatility represents a critical challenge for supplychain executives today, with safety stock emerging as a key strategic tool to mitigate market uncertainties.
Strengthen your operations with the SupplyChain Resilience Checklist. This practical, easy-to-use tool helps your organization prepare for disruptions and ensure long-term continuity in an unpredictable world.
The adoption of AI in supplychainautomation is enabling companies to make more accurate decisions, reduce cycle times, and better manage complexity. AI in supplychainautomation is gradually reshaping how core functions operate, particularly in procurement, warehousing, and logistics.
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.
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.
When one thinks of supplychainsoftware vendors, the name InterSystems may not spring to mind. A supplychain data fabric can help companies augment their supplychain processes. They aim to achieve the same success in supplychain management that they have achieved in the healthcare sector.
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.
The rapid implementation and modification of tariffs, often announced through social media even before formal policy announcements, have created unprecedented challenges for global supplychains. Client Service Demands : Importers need more guidance than ever, creating additional service demands.
The industrial sectorparticularly supplychain management, is facing unprecedented complexity. While Generative AI (GenAI) has shown promise, its limitations in planning, workflow automation, and dynamic adaptation necessitate a more sophisticated approach. Colin Masson, ARC Advisory Groups expert on Industrial AI.
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.
The new year has arrived and so has the new wave of noteworthy news coming out of the supplychain space. A first-of-its-kind research project was published by the FAIRR Initiative, addressing human rights violations and overfishing in the seafood supplychain. As the year marches on, you can count on weekly updates here!
Procurement and supplychain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends?
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.
Enhanced Efficiency Through Real-Time Data Connected vehicle technology drives efficiency improvements across route planning, driver safety, maintenance, and fuel management. Together, these capabilities show how connected fleet technology supports precise, cost-effective fleet management.
The logistics and supplychain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Businesses face heightened uncertainty in managing costs and securing stable energy supplies.
In today’s interconnected global economy, sustainability within supplychains and logistics has become a necessity rather than an option. Regulatory demands, rising consumer expectations, and global challenges such as climate change and social inequality have made sustainable practices a strategic priority.
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? No wonder, resilience is a top priority today. And guess what?
She wrote, “I have been working in the supplychain for 35 years, and we are still trying to solve the “demand” issue. Solving from a supply side seems to work for many companies I work with. Over the last two years, I actively engaged technologists and business leaders to redefine demandplanning.
Imagine a world where supplychains run with complete transparency, efficiency, and automationwhere every transaction, shipment, and payment are executed seamlessly without intermediaries slowing things down. For decades, supplychain management has encountered bureaucratic bottlenecks, inefficiencies, and trust issues.
From geopolitical instability to labor shortages and sustainability demands, supplychain leaders must continuously evolve their strategies to stay competitive. Agile supplychains can handle the challenges we face now and in the future. These spaces allow them to move quickly and make confident decisions.
Supplychain teams face a similar dilemma – companies are overloaded with vast amounts of data, and the ability to sift through the noise and focus on relevant insights has become a critical capability. Decision-makers must operate with agility and speed, often orchestrating complex scenarios across vast supplychain networks.
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.
My head is wobbling with announcements, late-night Friday press releases, company name changes, and executive turnover in the supplychainplanning market. Logility, a conservative company supplychainplanningtechnology, historically had no debt and cash reserves of more than 80M, is undervalued in this deal.
Supplychain disruptions have become a persistent operational risk. Geopolitical instability, extreme weather, labor shortages, and fluctuating consumer demand regularly impact global logistics. Amazon is a leader in AI-driven supplychain management.
October 21st – 24th SupplyChain & Logistics News Round Up This past week, I returned to the Tampa Bay Area to visit family and see the lasting effects of back-to-back hurricanes. From a sustainability and supplychain perspective, this situation is incredibly challenging to comprehend. Nauto and Beans.ai
The supplychain industry is no stranger to uncertainty. Unexpected challenges like shifts in global markets, economic upheaval, commodity shortages, advancements in technology, or environmental changes can send shockwaves through operations in unexpected ways.
Network design as a discipline is complex and too many businesses are still relying on spreadsheets to design and optimize their supplychain. As a result, most organizations struggle to answer network design questions or test hypotheses in weeks, when results are demanded in hours. The current technology landscape.
In the fast-paced world of modern supplychains, traditional forecasting methods fall short. Advanced supplychainplanning is being transformed by probabilistic forecasting , which revolutionizes demand forecasting, supplyplanning, and inventory optimization.
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’ssupplychain needs.
In the fast-paced world of modern supplychains, traditional forecasting methods fall short. Probabilistic forecasting is revolutionizing demand forecasting, supplyplanning, and inventory optimization by significantly improving forecast accuracy and decision-making across distribution networks.
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.
How much can you save by optimizing your supplychain network? What's the ROI of supplychain network design software? Take our calculator for a spin to see how much you can save per year by optimizing your supplychain network. Our benefits calculator helps you find out.
Demand forecasting has evolved dramatically in recent years. Businesses have shifted from supply-focused approaches to demand-driven models, yet many still struggle to balance accuracy with agility. What is Demand Forecasting in SupplyChain Management? What is Demand Forecasting in SupplyChain Management?
Demand forecasting has evolved dramatically in recent years. Businesses have shifted from supply-focused approaches to demand-driven models, yet many still struggle to balance accuracy with agility. What is Demand Forecasting in SupplyChain Management? What is Demand Forecasting in SupplyChain Management?
SupplyChain & Logistics News January 2nd-6th 2025 The global supplychain never sleeps, and this weeks headlines reveal the fast-moving shifts shaping logistics, trade, and technology. This approach helps companies meet regulatory requirements and address consumer demands for transparency. From the U.S.
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.
Dedicated supplychain network design software is fuelled by intuitive scenario analysis capabilities on the front end and powerful mathematical optimization on the back end. Answer 10 relevant questions and find out if your needs qualify for advanced network design & scenario modeling technology.
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