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Missed appointments, dock scheduling mix-ups, crowded yards with insufficient parking, dropped trailers — all have cascading effects up and down the supplychain. It’s an important initiative that will help integrate yards into the digital supplychain ecosystem, and we’re energized to contribute. The net result?
In this Part 2 blog post, we will continue to explore how automotive manufacturers are carrying out effective supplychain initiatives and their innovative solutions. Salim: Our automotive customers are increasingly looking at how to counter inflation but at the same time how to enable supplychain resiliency.
The beauty of the supplychain is all around us. I guess I’m a supplychain junkie…can’t get enough of it. So rather than write another one, I thought it would be interesting to look at this omni-channel world in a daily life setting, but viewed from a supplychain junkie’s perspective.
Ever since the COVID-19 pandemic began roughly three years ago, we’ve all heard a lot in the news about supplychains, more specifically about disruptions to global supplychains. Supplychain has become a buzzword. This event is put on by Blue Yonder, which is the leading supplychain software company.
WISE is a student organization with the primary purpose of promoting the field of supplychain management/logistics. Stephanie: WISE stands for Women Impacting SupplyChainExcellence. Tell us a little bit about how you came to be in the supplychain field. Susan: Can you please share more about WISE?
These retailers excelled in offering distinctive experiences and demonstrated functional maturity across all evaluated areas. In fact, speed of delivery has slowly become one of the top three purchase decision influencers, along with price and return policy. </strong> appeared first on SupplyChain Nation.
With supplychain disruptions continuing, purchasing more stock in advance to meet the forecasted upturn in demand made perfect sense. For many retailers, the first thought to reduce unsold items is to simply buy better. Forecasting ideal buy quantities is near-impossible. So, what can retailers do about this?
The team involved in the transformation includes Johnny Ivanyi, Global Head of Distribution Excellence at Bayer Crop Science and Vivek Chhaochharia, Digital SupplyChain Leader at EY US. Available to watch on demand, the event was hosted by DC Velocity and CSCMP’s SupplyChain Xchange.
By leveraging vast customer data, predicting buying trends, and tailoring inventory, retailers optimize the movement and storage of goods, ensuring efficiency in supplychain operations. The post Beyond the Storefront: A Glimpse Into the Next Wave of Retail’s Tech-Powered Transformation appeared first on SupplyChain Nation.
The COVID-19 crisis is driving massive disruptions across retail supplychains. People are buying more products than normally forecasted and using them. Pantry Loading / Panic Buying: As consumers are faced with extended stays at home, we are seeing a pull-forward of demand.
In the previous blog post , we discussed two MOTs: when a consumer decides to buy a particular brand, product or service, and then the experience (good or bad) that the consumer has after the purchase of a particular brand, product or service. Part 2: The Death of the Linear SupplyChain.
Operational Excellence Delivers Profit Optimization. We have discussed a variety of implications to the supplychain required to provide scale and service, while effectively managing inventory and value add processes. Workforce Optimization.
As part of our Expert Insights series, SupplyChain Nation sat down with Rich Sherman, a leading supplychain industry consultant and analyst to discuss his book, SupplyChain Transformation: Practical Roadmap for Best Practice Results.
” – Sir Winston Churchill Having just returned from the 2023 Automotive Logistics and SupplyChain Global conference in Detroit, these words are very fitting to encapsulate the essence of the event. Short-term visibility at the Purchase Order/ASN level is insufficient. “Never let a good crisis go to waste.”
During Blue Yonder ICON 2021, I had the pleasure to speak with Johnny Ivanyi , the Global Head of Distribution Excellence of Bayer Crop Science, and Kishore Yarlagadda , Global Distribution Deployment Lead of Bayer Crop Science, for the session “Next Wave of Logistics and Distribution Transformation.” Please describe your digital journey.
Digital demand and omni-channel shopping are radically changing supplychain practices for both retailers and manufacturers. SupplyChain Nation asked Kevin O’Marah, chief content officer for SCM World, for his insights from their recent research and report on this topic.
According to Paul Brucker from Nucleus Research, “The WMS platform excels in outbound order orchestration, optimizing batch picking, routing, cartonization, parcel, and load building.”
In fact, the buy online pickup in store (BOPIS) and delivery options have added to the frontline workers list of tasks to be completed. Customers expect the same seamless experience regardless of the channel they are buying from. Time to move schedules off paper and Excel to give visibility across the company. Handheld devices.
The following are the insights gained from my discussion with Salim Shaikh , who leads Blue Yonder’s Automotive Industry Strategy, and James Peck , VP of SupplyChain Execution Presales, during a recent Blue Yonder Live and from webinars and automotive events that we prepared for. We mentioned disruptions and the added complexities.
I just returned from the Automotive Logistics and SupplyChain Conference in Detroit. This annual event explores supplychain management and how logistics can succeed in a fast-changing environment. Furthermore, having short-term Purchase Order/ASN-level visibility is insufficient.
In retail, we deal with many potential customers (many more than 100 per day), each of which can buy a certain product with small probability: When you enter a supermarket, you only buy from a small fraction of the products that are offered.
Given the potential impacts across the supplychain, I was eager to listen to the speakers and learn as much as possible. When someone makes a purchase via a mobile phone, the package could then be delivered to the buyer’s bus stop, making the online purchase and delivery a very seamless process.
My mom had the idea to buy the children’s clothing store in town as it was closing, and it was the only place to buy kids clothes. By middle school, I was helping with storefront windows and even traveled on some buying trips. The post An Entrepreneurial Spirit appeared first on SupplyChain Nation Blog.
Operational Excellence Delivers Profit Optimization. We have discussed a variety of implications to the supplychain required to provide scale and service, while effectively managing inventory and value add processes. Workforce Optimization.
For centuries, retailers endeavored to excel during the “moment of truth” – that moment in time when shoppers made the ultimate purchase decision in the store. The path to purchase suddenly seems much more daunting than it has for most of retail’s long history, and retailers must adapt to succeed.
Cons: Merchants that are incented purely on sales may be more likely to inflate forecasts that would drive more inventory than needed into the supplychain. SUPPLYCHAIN. Pros: The supplychain organization is usually both incented on in-stock performance and inventory productivity.
The rise of e-commerce and success of omni-channel retailing has driven consumers to be more demanding than ever, and grocers need to evolve their supplychains to meet these rising expectations. There are many components to this shift in demand and this 4-part blog series will go into more detail. Proximity Based Shopping.
They not only need to deliver excellent experiences across channels, but they also need to navigate macro-economic issues such as rising labor and transportation costs that decrease margins, as well as rising inflation, which is forcing consumers to think long and hard about what and how much they buy.
To do this well, retailers need to evolve quickly to optimize every aspect of customer interaction – space & category management, merchandise planning, pricing, supplychain planning, sourcing, fulfillment and in-store processes. Retailers now need to understand the specific needs of specific consumers driven purely by data.
According to McKinsey , today’s B2B buyers are using up to 10 channels to conclude the buying process, from self-service portals to video and phone calls. SPEAK TO AN EXPERT ] The post Putting the “AI” in Availability: 5 Ways To Bridge the Supply-Demand Gap in Wholesale Distribution and Manufacturing appeared first on SupplyChain Nation.
Trending analysis can now be applied to specific categories of items, thus indicating buying behaviors of clientele. Q: Excellent insight, John. One significant WFM challenge arises when customers buy online and pick up (or return) their purchases in store. Before I let you go, one last question.
Three Key Assessment Factors for SupplyChain Planning Solutions. Today’s supplychains continue to evolve as a result of both a continuous series of unprecedented challenges and the need to match the shifting global consumer expectations. Ability To Deliver New Digital Capabilities.
Having access to accurate and available data only 80 percent of time is not enough to obtain buy-in from stakeholders or drive accountability and continuous improvement. Executive Insight SupplyChainSupplyChain Management' Lack of consistently clean data.
Consumers also shopped at Target (40% in 2022 versus 26% in 2021) and Best Buy (26% in 2022 versus 15% in 2021) who held their own competing sales. Amazon likely felt the impact of these promotions, with 59% of consumers saying they made a purchase on Prime Day this year, slightly fewer than last year’s 61%.
I have lived all over the place, from Honolulu to Barcelona to Los Angeles, and now I’m back in Chicago working with FourKites, the largest predictive supplychain visibility platform, delivering real-time visibility and predictive analytics for Fortune 1000 shippers and third-party logistics firms.
Customers now want the ability to buy online and pick up or return those purchases in their local stores. The store has thus become another node in the supplychain. Managing the in-store workforce becomes more complex as these non-traditional store fulfillment functions are rolled out.
Nearly half of respondents (46%) who had made an online purchase in the past 12 months said they had chosen a retailer that offered multiple delivery options over a retailer that only offered one option. Retailers must ensure that they have the capability and flexibility built into their supplychains to meet customers’ expectations.
Given the potential impacts across the supplychain, I was eager to listen to the speakers and learn as much as possible. When someone makes a purchase via a mobile phone, the package could then be delivered to the buyer’s bus stop, making the online purchase and delivery a very seamless process.
As we lead up to NRF 2015, this week SupplyChain Nation turns its focus to trends impacting digital retail. Social media will continue to drive consumer opinions and influence buying options. Your Brick-and-Mortar stores will remain the execution focal point of all of your channels and the hub of the buying experience.
Cons: Merchants that are incented purely on sales may be more likely to inflate forecasts that would drive more inventory than needed into the supplychain. SUPPLYCHAIN. Pros: The supplychain organization is usually both incented on in-stock performance and inventory productivity.
I came out of the meeting feeling defeated until I realized two things: 1) Not having experience does not mean I wouldn’t have been capable of excelling at the role and 2) Being prepared for meetings is the best way to avoid feeling “less-than.”. Having that insight can help with buy-in as well as improve speed and ability to implement.
The rise of e-commerce and success of omni-channel retailing has driven consumers to be more demanding than ever, and grocers need to evolve their supplychains to meet these rising expectations. There are many components to this shift in demand and this 4-part blog series will go into more detail. Proximity Based Shopping.
I realized that I barely knew how to turn the computer on, let alone use Microsoft Word and Excel! At that time, JDA did not have the formal training and excellent self-learning programs which are available today. The post Returning to Work: A Story of Confidence Found appeared first on SupplyChain Nation Blog.
I have lived all over the place, from Honolulu to Barcelona to Los Angeles, and now I’m back in Chicago working with FourKites, the largest predictive supplychain visibility platform, delivering real-time visibility and predictive analytics for Fortune 1000 shippers and third-party logistics firms.
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