August, 2022

article thumbnail

3 Strategies To Improve Supply Chain Agility

C3 Solutions

The modern supply chain is growing more and more complex every day. With new technologies popping up, digital tools for all functions one can think of, and then some, supply chains now don’t necessarily need to run lean. Instead, modern supply chains need to be agile to be relevant. With companies struggling to manage inventory across global networks, volatile markets, and uncertain global conditions, shipping companies, freight forwarders, and other stakeholders will likely face increasing cost

article thumbnail

Retail Returns: The Key to Driving Business Growth

ToolsGroup

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. Yet, in today’s omnichannel world, retail returns are key to driving business growth, thanks to their ability to enhance the customer experience, minimize losses, and preserve long-term revenue.

Retail 296
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Sustainability in Procurement: Strategies and Challenges

ivalua

Originally published in the 2022 ProcureCon Report “Transforming Procurement: Embracing Digital Innovation and Driving Sustainability” Ethical business practices and sustainability initiatives are forcing organizations to not only stand up, but to also set themselves apart from the competition by implementing ESG and CSR commitments. Sustainable and socially responsible procurement practices that cover the full spectrum can provide end-to-end visibility that facilitates monitoring an

article thumbnail

Overcoming Tight Capacity: The Growth of LTL and Shipment Collaboration

Talking Logistics

Volatility is the new normal in the transportation industry, with consumer behavior and market conditions (read: inflation, fuel prices). Shippers and carriers are regularly challenged to accommodate the impact, from tight capacity to delays and high costs. And even amid these conditions, shippers, carriers and their customers increasingly prioritize sustainability in the supply chain and.

Capacity 250
article thumbnail

Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

article thumbnail

DHL Supply Chain’s Digital Transformation in the Warehouse

Logistics Viewpoints

In 2018, DHL Supply Chain announced its plans to deploy emerging technologies in 350 of its North American facilities. My colleagues and I often have the opportunity to discuss initiatives such as this with company executives. Of course, we subsequently share interesting insights in Logistics Viewpoints articles. Earlier this month, Brian Gaunt, Senior Director of Accelerated Digitization at DHL, provided me with an update on the company’s warehouse digitization journey.

More Trending

article thumbnail

This Could Be Scary: A Halloween Candy Shortage

Enterra Insights

If geopolitics, inflation, and climate change aren’t enough to worry about, there are now warnings that there could be a shortage of Halloween Candy. The first company to sound the alarm was Hershey. Journalist Mehr Bedi reports, “Hershey Co said on [28 July] it would fall short of meeting demand for the all-important Halloween and Christmas holiday seasons this year, blaming a scarcity of raw ingredients and difficulties in securing suppliers.”[1] The following day journalist

Logility 246
article thumbnail

The Supply Chain Renaissance Has Begun! - Supply Chain Game Changer™

Supply Chain Game Changer

Emerging from the pandemic and the global Supply Chain disruption that it caused, we are now entering the Supply Chain Renaissance.

article thumbnail

Food Supply Chain Issues

Elementum

The global food supply chain has grown exponentially over the last few decades, creating complexity and challenges that translate into empty store shelves and a lack of basic provisions. Recent shortages have highlighted the need for robust, future-proof supply chain management systems that far exceed the capabilities of conventional inventory control processes.

article thumbnail

A Supply Chain Executive Asks: Is Supply Chain Technology Making a Difference?

Talking Logistics

Kevin O’Meara, Vice President, Integrated Supply Chain at Shaw Industries, posted the following question on Twitter last Friday: “Have the billions of dollars invested in supply chain technology really made a significant difference in the outcomes? We have spent the money and we see unprecedented delays, shortages, and disruptions. [For example], we have no lack.

article thumbnail

Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

article thumbnail

Don’t Fear What is Outside Your Box – It Can’t Bite You!

Logistics Viewpoints

The only way to drive business is to embrace change; in today’s uncertain world, this is more valid than ever. Still, we can see that it is hard for many companies to go outside of their box and challenge the status quo. 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 they fail, again and again and again.

article thumbnail

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains. Feature Article by Dr. Raymon Krishnan – President at the Logistics and Supply Chain Management Society. This article was originally written and published for DHL in January 2020 and focused on the trade wars and how to leverage opportunities for tariff reductions.

article thumbnail

How RealTime Traceability Can Improve Sustainability, Productivity, and Transparency in Supply Chains

Supply Chain Brief Submitted Articles

With realtime traceability, the precise nature of anomalies and inefficiencies can be identified allowing manufacturers to take quick and decisive measures

article thumbnail

Why Master Data Management Is the Crux of Supply Chain Resilience

Supply Chain Brain

To help safeguard their supply chains against future unpredictable events, organizations can implement a master data management (MDM) strategy as a foundation for strong risk mitigation during times of crisis.

article thumbnail

The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

article thumbnail

How Much Inventory Should I Have In My Fulfillment Warehouse?

Amware Logistics and Fulfillment

Inventory management has changed substantially in the last few years. Most fulfillment professionals spent years learning about lean inventory strategies, only to find those methods ineffective when the supply chain turned volatile during the COVID-19 pandemic. Now, as pandemic difficulties ease, many eCommerce and omnichannel professionals find themselves asking the question: How much inventory should I have?

article thumbnail

6 Key Components of Business Network Security!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Avoiding these 6 Cybersecurity Tips Might Harm Your Business! Everything on the internet is interconnected. Despite some firms having barred others from gaining access to their networks through firewalls and authentication procedures, computer geniuses still find a way to get past these obstacles and penetrate seemingly ironclad cybersecurity network security infrastructures.

article thumbnail

Listening to the Voice of the Warehouse Worker –5 Factors Impacting Employee Attraction and Retention

Logistics Viewpoints

As a pioneer in warehouse technology and the development of solutions that empower warehouse workers, Lucas Systems recently commissioned a research study and developed the first Voice of the Warehouse Worker Insights. The goal was to capture the warehouse workers voice in terms of what they currently see, what they feel and believe, what they fear, and finally what they hope for.

article thumbnail

Rising Supply Chains Complexity & How to Manage It

SCMDOJO

New global consumer markets, characterized by sourcing activities and low manufacturing costs, seem to take the supply chain into more contemporary territory. While it brought all excitement and increased revenue, manufacturers have started to experience its significant side effect: a rise in supply chains complexity. As the needs of vendors and customers change, there are varying industry trends altering and complicating the supply chain.

article thumbnail

Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

article thumbnail

How Sustainable is Your Supply Chain and How Can You Improve It?

Supply Chain Brief Submitted Articles

Smart Manufacturing technologies such as IIoT, AI/ML, and advanced data analytics, let manufacturers gain valuable insight into their operations

article thumbnail

Stop Using Spreadsheets to Manage Your Global Supply Chain

Supply Chain Brain

Maintaining your organization’s dependence on collecting, tracking and sharing supply chain data with Excel is perhaps the biggest threat to agility, resilience, visibility and profitability.

article thumbnail

The role of a Bill of Materials in optimizing your inventory management

SYSPRO Smarter ERP

Ongoing challenges in the supply chain, such as shortages caused by increased demands and the shutting down of some factories, continue to affect manufacturing businesses even to this day. However, effectively dealing with these challenges and optimizing a manufacturing business’ processes is challenging without adopting and implementing a Bill of Materials (BOM) to accompany an organization’s ERP system.

article thumbnail

What Soft Skills Used in Healthcare Can Be Transferred to Business?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 6 Ways Healthcare Professionals Can Prevent Occupational Hazards! A healthcare career is something that a lot of people feel drawn to. It’s a way of helping others that can be extremely rewarding. And it’s ideal for people who want to feel as though they are making a difference through the soft skills used in Healthcare.

article thumbnail

2024 Annual T&L M&A Report

Tenney Group, an industry specialized M&A Advisory firm in the T&L space, produced the 2024 Annual M&A Report. The report contains an in depth overview of 2023 notable deals and the market, while also providing the outlook for 2024 M&A.

article thumbnail

The Race for Last Mile Drones

Logistics Viewpoints

One of the most difficult and expensive aspects of the supply chain is last mile and home delivery. However, from a customer experience standpoint, it is also the most memorable and possibly important. Autonomous last mile deliveries are part of the answer to the e-commerce boom that we are experiencing. I have already written about autonomous mobile robots and how they are changing last mile deliveries.

article thumbnail

The numerous tell-tale signs of a phishing email can be divided into 4 groups

IT Supply Chain

By Paul Brucciani (pictured). Cyber Security Advisor at WithSecure. The post The numerous tell-tale signs of a phishing email can be divided into 4 groups appeared first on IT Supply Chain.

Groups 102
article thumbnail

July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Global Wide Production Activity. The July 2022 J.P. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Morgan and S&P Global was headlined with an observation of stagnated production output globally.

article thumbnail

Weathering the Storm Through Supply Chain Partnerships

Supply Chain Brain

It takes solid partnerships to weather crises — or, for that matter, the day-to-day business of supply chain management. In this latest edition of our annual roster of 100 Great Supply Chain Partners , we present instances of true collaboration in the face of enormous challenges.

article thumbnail

The Art of Consistent Perfect Order Delivery: Smart Order Fulfillment Through Orchestration

Shippers and logistics service providers are pressured to match the “Amazon effect” for fast and efficient service across multiple B2C, B2B, and D2C channels. Perfect order delivery - on-time and in-full at the lowest possible cost – is critical. However, recent surveys of supply chain stakeholders reveal that many don't have the technology necessary to achieve it.

article thumbnail

Leveraging the power of ERP to optimize inventory management

SYSPRO Smarter ERP

Manufacturers and distributors can optimize their inventory management using some of the latest emerging technologies, including machine learning, data analytics, artificial intelligence, and cloud computing. Using proven inventory management processes, supply chain design, and planning helps optimize your stock. Whatever inventory management methodology is chosen, the realization that supply chains are vulnerable will require a re-assessment of practices and KPIs to keep goods flowing in a pred

article thumbnail

How Covid Changed the Restaurant Industry!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain Automation Helps Selling Food Online! The pandemic saw the restaurant industry face challenges like never before, with most being forced to close for a substantial period and, when allowed to re-open once more, having to operate under new restrictions, ensuring social distancing was being maintained for example.

article thumbnail

Inside Arena: Get to Know High-Tech Customer Success Coach Lori Austin

Arena Solutions

With continued advancements in smart technologies like the Internet of Things (IoT) and artificial intelligence (AI), high-tech companies are having to manage greater product complexity to fulfill consumer demand for more personalized experiences. To compound matters, unforeseen events like the COVID-19 pandemic have resulted in part shortages and other supply chain shocks, making it difficult for companies to deliver products on schedule.