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In a survey we conducted in October 2020, 91% of our Indago supplychain research community members, who are all supplychainexecutives from manufacturing, retail, and distribution companies, either Agreed or Strongly Agreed that the time had come to transform the traditional transportation procurement process.
Based on this, a multiple-month financial, supplychain, and capital expenditure plan is produced. A supplychain planning application is the core technology that enables robust planning. Historically, the supplychain plan that resulted from the IBP process was too static. More than 5.6
During the two-day event, I participated in various sessions covering a range of topics, including Warehouse Management Systems, Labor Management, Agentic AI, and Warehouse Automation. Supplychain unification was an undertone for many of the sessions during the entire event.
Safety Stock: Navigating SupplyChain Volatility Through Strategic Inventory Planning Demand volatility represents a critical challenge for supplychainexecutives today, with safety stock emerging as a key strategic tool to mitigate market uncertainties.
In the aftermath of the pandemic, supplychain inadequacies have been revealed in a new and stark light. Most found themselves ill-prepared for the magnitude of disruption in supply and demand, followed soon after by political unrest, labor and material shortages, and sharp inflation.
SupplyChain Matters provides the first of a two-part market education series addressing what we term as broadening the context from warehouse control layer or accelerator to that of supplychainexecution orchestration.
Duncan Angove, CEO Blue Yonder Blue Yonder , is one of the largest providers of supplychainsoftware. In the fourth quarter, we delivered the second largest software bookings in the history of the company. Both are contributing to a rewiring of the automotive supplychain industry. Mr. Tollefson asserted.
With gasoline prices reaching record highs , transportation managers must make smarter decisions that minimize road miles and associated costs. While demand is high, ongoing product shortages continue to cause supplychain disruptions, create unpredictable shopping behaviors and drive rapid delivery expectations.
I’ve completed research on supplychain planning (SCP) boutiques. We are teaming up to bring you the coolest supplychain boutiques, listed alphabetically, that we identified through those studies. enVista provides across-the-board supplychain and logistics consulting. What is a boutique?
During our conversation, Eddie and I spoke about the changing nature of global supplychains in the face of the ongoing Covid pandemic as well as the continuing surge of e-commerce. First, what is the current state of supplychaintechnology? Fourth, what makes order management technology dynamic?
Risk permeates supplychains. The best-laid plans to avoid as many risks as possible often fall on deaf ears in supplychain management, but supplychainexecutives who take the time to understand the greatest threats can successfully position their companies to overcome such risks.
While the supplychain pressures that have built up over the last two years continue to abate as transportation capacity problems ease and consumption shifts from goods to services, newer challenges and opportunities lie ahead. So much has changed in a year!
His comments reflected a long-term orientation: technology and strategy are expected to evolve in parallel with shifts in the global supplychain environment. He emphasized that tools must speak the same language to support efficient, intelligent operations.
Kinaxis is a leading provider of supplychain solutions. Kinaxis used to refer to itself as a supplychain planning supplier. They are now starting to call themselves a provider of supplychain “orchestration” solutions. Supplychain planning was a month-by-month fulfillment plan that extended out 24 months.
Let’s just come right out and say it – without the ability to capture, aggregate, and understand your supplychain data, you have gray area within your organization. Yet, the money was spent, and the technology is now in place. How can you make it all work together and build a better supplychain business, fast?
Intelligent supplychain management can reduce costs, improve profitability, and enable competitive advantage for your organization. Fear and Poor Change Management Prevent Successful Implementation of Intelligent SupplyChain Management. The intuitive nature of new technologies is intimidating.
The challenge is that traditional warehouse management systems on the market use 50-year-old scanning technology combined with sub-systems, like a labor management system, as a backbone to solve operational complexity. Bengt Tuner is the Group Chief Executive Officer at Locanis.
After a dramatic drop at the beginning of the pandemic, SupplyChain Management (SCM) and Enterprise Resource Planning (ERP) software public valuations are near twice the ten-year average. The majority of the transactions are in Enterprise Resource Planning (91) versus supplychain planning (31).
As an engineer, former solutions architect and now CEO of a leading supplychaintechnology company, I have a real affinity and respect for Chief Information Officers (CIOs) and their teams, without whom successful enterprise technology deployments would be impossible. We’re just not meeting customer expectations.
On today’s episode we share a guest podcast from our friends over at Marketscale featuring our very own “The Freight Project Podcast” host, Marketing Manager, Adam Robinson regarding how more supplychainexecutives are getting involved in transportation management to reduce costs and overall effectiveness.
Katie Date and Joe Lynch discuss reflections on Manifest , the premiere conference that unites the entire eco-system of Fortune 500 global supplychainexecutives, logistics service providers, innovators and investors at the forefront of logistics tech and supplychain.
SupplyChain Matters provides the second of a two-part market education series addressing what we term as broadening the context from warehouse control layer or accelerator to that of supplychainexecution orchestration. This thought leadership series is provided in joint collaboration with AutoScheduler.ai
I have seen a lot of scary examples where a company wants to stay in the old box and connect new technologies and innovation…….and To improve your supplychain capacities, you must embrace emerging and disruptive digitalization technologies in a structured and intelligent way; one way is to change how you operate.
Today, we published The SupplyChains to Admire for 2023. Nvidia, Northrup Grumman, PACCAR Inc, PCA (Packaging Corporation of America), ResMed, Rockwell Automation, Ross Stores, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur-Pedic, TJX, Toro, Toyota, West Pharma, United Tractors, and Urban Outfitters. I admit it.
Autonomous supplychains are systems that can operate with little to no human intervention, and they use artificial intelligence, robotics, automation, and sensors to optimize the flow of goods. The key technologies that enable autonomous supplychains are artificial intelligence (AI), robotics, sensors, and blockchain.
The modification of a WMS has become something of a standard concept when selecting and implementing supplychain system technologies, but it may lead to increased costs when implementing or upgrading your system.
ARC has recently completed a study on the transportation management system integration market. We have previously done a study of transportation management system (TMS) market and transportationexecution and visibility system markets , and interviewed TMS vendors. Finally, we have surveyed and interviewed TMS customers.
Supplychain leaders will face 2018 with uncertainty and opportunity. Digital technologies are becoming more prevalent in basic supplychain functions, and changes in legislation are likely to spur dramatic changes that will result in the need to reevaluate supplychain strategy in both domestic and international locations.
Digital twins are emerging as digital transformation accelerators for supplychain and logistics organizations seeking enterprise-level visibility, real-time scenario modeling, and operational agility under disruption. This article explores how digital twins are being deployed in transportation, warehousing, and network design.
ARC has done research and writing on supplychain collaboration networks. A supplychain collaboration network (SCCN) is a key technology for improved collaboration across an extended supplychain. SCCN solutions provide supplychain visibility and analytics across an extended supplychain.
Up to 64% of supplychain leaders consider Big Data Analytics the best way to overcome supplychain challenges, asserts Antonia Renner of ComputerWorld, but new technologies, such as logistics automation and blockchain, may hold much more opportunity than meets the eye. GET YOUR FREE WHITE PAPER.
Manufacturers need to have the right raw materials and supplies available. Supplychain entities need to know vendors will be held accountable and adhere to the terms within vendor-supplychain partner service level agreements. Supplychain professionals must also know how they will be shipping freight.
Brad is the Founder of JBF Consulting , a supplychainexecution strategy and systems integrator to logistics-intensive companies of every size and any industry. Brad is a highly recognized senior supplychain leader with over 23 years of managing, designing, and implementing freight transporttechnology.
There is a multibillion-dollar supplychainsoftware market that grew at double digit rates during the pandemic, and will continue to grow fast, that very few supplychainexecutives have heard of. The solution is called a supplychain collaboration network (SCCN). How can this be?
Many large enterprises use one form or another of a supplychain application to help manage their supplychains. Supplychain vendors have been touting their investments in artificial intelligence (AI) for the last several years. The agent technology is much more complicated than the math.
The Covid-19 pandemic has confirmed what we already knew: modern supplychains must be built on a foundation of extreme agility and responsiveness. The sudden onset of Covid-19 only reinforced what supplychain professionals had already realized: uncertainty is the only real certainty. Detection and Response Challenge.
Companies of all sizes have been capturing the value from Global SupplyChain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supplychain operations. However, you may wonder what kind of practices really work.
Although using blockchain in supplychain and logistics is an exciting prospect, the technology lacks the maturity necessary to enable global deployment today. Such limitation can be discouraging, but it serves as a beacon of hope for a better future in supplychain management. GET YOUR COPY HERE.
Supplychain conferences are an excellent way to connect with industry professionals, learn about new technologies, and refine your operation through the experience of others. WHITE PAPER] The Top SupplyChain Trends that Will Impact SupplyChain Management in 2018. GET YOUR COPY HERE.
As a result, shippers need to know a few things about last mile automation. Startups Are Already Looking to Use Robots in Last Mile Automation. While this may seem out-of-place in last mile logistics, it shows the demand and proof of concept for robots in the last mile and the subsequent automation they bring.
Heavy research and development investments are being made in supplychain solutions. These investments occur at the application layer, in technologies that will speed up implementations, and at the platform level. Most of the large suppliers of supplychain applications have moved their solutions to the Cloud.
Many companies were in the midst of digitally transforming their supplychain when the Convid-19 pandemic hits. In this part 2 article, let us continue to explore the concrete actions we can take in our Digital SupplyChain journeys.
The extreme volatility of the last two years, which continues today, has starkly demonstrated the need for logistics professionals to monitor real-time conditions across the extended end-to-end value chain, recognize and broadly communicate any changes, and respond immediately in a synchronized, orchestrated manner.
Instead of simply managing returns and isolating defects, supplychainexecutives must now consider how returned products could lead to higher safety risks. The supplychain coronavirus (COVID-19) impact also undermines efficiency in.read More. And the need for efficient returns continues to grow in tandem.
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