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Kearney research shows that the more companies invest, the bigger the average ROI Investments in supplychain firms and technologies represent 15-20% of total venture capital investments, according to a recent report by the management consulting firm Kearney. billion in 2024.
Missed appointments, dock scheduling mix-ups, crowded yards with insufficient parking, dropped trailers — all have cascading effects up and down the supplychain. Some have automated, gateless check-in; some direct the drivers to check in with the shipping office. The net result? Higher expenses. Dissatisfied customers.
Dan is the Chief Marketing Officer at Softeon , a global provider of innovative supplychain solutions that delivers supplychain success – every time. Configurable modules and a rules-based technology platform give companies the business agility they need to get ahead and stay ahead. About Dan Gilmore.
The event will be hosted by Joe Lynch, founder of one of the most popular supplychain and logistics podcasts, “The Logistics of Logistics.” Most recently, Kevin was responsible for SupplyChainTechnology Consulting Services at Tompkins International. ” Meet Your Host and the Experts. Kevin Hume.
Thirty-one months of supplychain disruption. The Russian invasion of Ukraine stretches into a much longer war resulting in serious disruptions to the food, automotive, and semi-conductor supplychains. While many old-fashioned supplychain leaders speak of Risk Management and the need for Control Towers.
Dan is the Chief Marketing Officer at Softeon , a global provider of innovative supplychain solutions that delivers supplychain success – every time. Dan Gilmore is the CMO of Softeon , a global provider of innovative supplychain solutions that delivers supplychain success – every time.
In the rapidly evolving landscape of supplychain management, technology continues to play a pivotal role in shaping competitive advantage. Drawing upon the insights from the “Gartner® Predicts 2024: SupplyChainTechnology” report 1 , I’d like to share some reflections on the key areas of focus.
In a previous blog post , I discussed some highlights from Blue Yonder’s 2024 SupplyChain Executive Survey. In talking with 600 C-suite and senior executives around the world, we discovered that they share three primary challenges: ongoing supplychain disruptions, rising operating costs, and growing sustainability pressures.
Businesses have a tremendous opportunity to capitalize on these technologies not only for supplychain productivity improvements but for overall efficiency, resilience, and agility. Without this step, supplychains would be far less efficient than what they are today.
By 2025, 70% of organizations will have implemented structured automation to significantly enhance flexibility and efficiency , up from just 20% in 2021. This substantial increase underscores not only the shifting priorities within the logistics sector but also the profound impact on global supplychains.
My previous blog post highlighted the complex real-world challenges that are leading companies to embrace automated execution. 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.
This honor comes after Blue Yonder was named a Leader in the Transportation Technology Value Matrix 2023 earlier this year! Labor shortages, automation, and labor retention have become key areas of focus. Digital transformation initiatives are plagued by over-budget and over-expectation challenges.
Supplychain planning has undergone significant evolution in recent years, largely due to advancement in technology, access to vast amounts of data and changing consumer behavior. In this blog post, we dive into the cutting-edge innovation happening at Blue Yonder to reshape the supplychain planning technology landscape.
In a volatile context characterized by rapidly shifting customer demands and expectations, rising prices, strained margins, ongoing supplychain instability, and increasing fulfillment complexity, getting the right product into the right place at exactly the right time is more difficult than ever.
Working together, the team has established a common platform, based on Transportation Management and Warehouse Management solutions from Blue Yonder, as well as standardized and automated processes across the company’s enormous logistics footprint. That’s where automated execution comes in.”
It’s easy to think about fulfillment as comprising the final steps in the supplychain, but the truth is that the conditions faced in warehouses and delivery vehicles are determined much earlier in the supplychain than in the last mile, so to speak. Adopting a customer-centric approach can help achieve this.
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 supplychainsoftware company.
Operating in today’s disruptive and complex global environment can be challenging for any supplychain. Changes in demand, unexpected supply shortages, employee absences, or extreme weather events have always required immediate action. It’s no wonder supplychain professionals are getting fed up.
Right now, your supplychain platform probably includes planning software — focused on things like demand, inventory or replenishment — and execution software — focused on transportation, logistics or warehousing — to create a more efficient supplychain.
Legacy Systems Are Out, Advanced Technology Is In It’s clear from the study that retail executives view advanced technology adoption as a key enabler of their success in today’s fast-moving, highly competitive omni-channel landscape. A quarter already have advanced technology initiatives under way.
The supplychain is finally having its zeitgeist moment, and budgets are shifting because it’s becoming a top priority. There’s dramatic uncertainty in demand and supply coupled with rising shipping container costs. There’s dramatic uncertainty in demand and supply coupled with rising shipping container costs.
Last month, I had the pleasure of presenting at the 2024 Gartner ® SupplyChain Symposium/Xpo , held in Barcelona, Spain. While the event attracted over 2,000 attendees from all over the world, what struck me was that we’re all facing the same challenges today as supplychain professionals. The New Game-Changer?
It’s time we face it: As supplychain professionals, we’re working in an environment of perpetual chaos. But we believe it’s possible to purposely and intentionally build a resilient supplychain that’s capable of mastering disruption. Inflation continues unabated. Labor shortages are only getting worse.
Presented by Blue Yonder customer DHL, Manifest brings together Fortune 500 global supplychain executives, logistics service providers (LSPs), innovators and investors. In our work with over 175 LSPs, Blue Yonder has seen firsthand the significant advantage that can be achieved by embracing technology innovation.
Those priorities include supplychain digitalization, regulatory compliance, increased sustainability, workforce training, technology adoption, and closer partnerships across the end-to-end logistics network. These five capabilities are important for any supplychain, but absolutely imperative when it comes to cold chain.
Everyone agrees that, in today’s volatile business environment, supplychains need to be digitized — connected in real time, and fed by shared data — to identify exceptions, define intelligent resolutions, and maximize both cost and service outcomes. They’re moving fast to not just keep up with innovation, but to lead it.
The State of SupplyChain Sustainability 2021 report tells us that the work for increased supplychain sustainability has not slowed down as a result of the COVID-19 pandemic, but is continuing in full force. And at the same time, the pandemic has focused on the need for more resilient supplychains too.
Gartner has just released its 2024 Magic Quadrant for SupplyChain Planning Solutions report , 1 and once again Blue Yonder has been positioned as a Leader based on its “Ability to Execute” and “Completeness of Vision,” as evaluated among 20 vendors.
In May, thousands of Blue Yonder associates, customers and partners met in Las Vegas for ICON 2023, where we collectively discussed the enormous opportunity that’s presented to us right now as supplychain professionals. Supplychains have risen to the top of every company’s boardroom agenda.
Recently Blue Yonder released the findings of its annual SupplyChain Executives Survey 1 , which echoed many of the key themes we heard at ICON 2023. Further, they enable an immediate, automated response that matches the dynamic business environment we are all operating in.
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.
Were using AI in at least one application related to supplychain or order management (95%). AI has become a huge topic of discussion since the public launch of generative AI tools such as ChatGPT. So Bonprix turned to an automated pricing solution powered by AI/ML. He sees how quickly AI is transforming retail.
Ann Marie: I don’t have a traditional background in software. I started in supplychain planning and specifically transportation planning on the Sears account back in the day. It’s been a privilege to execute end-to-end supplychains for Fortune 100 to Fortune 1000 clients, as well as consult for them.
That was the subject of a recent webcast Blue Yonder sponsored called “Fast Tracking ROI: Agile Logistics Through Automation, AI and Optimization.” In his work at IDC, a leading global provider of market intelligence for the technology industry, Eide sees firsthand the challenges faced by retailers and manufacturers today. “I
Last week, a team from Blue Yonder attended the 2024 Gartner ® SupplyChain Planning Summit in London. We believe, advanced technology was in the spotlight, as intelligent decision-making in the modern landscape means ingesting huge volumes of data and conducting rigorous analysis, quickly.
That’s created increasing competition in the WES software space. To gain the greatest benefit from a WES, it’s important to look at both the solution’s capabilities and the software provider standing behind that solution,” Joe says. AI, ML and other advanced technology. What Does the Ideal Software Provider Look Like?
As part of our “Fearless Females of SupplyChain” Blue Yonder Live series, Blue Yonder’s Chief Customer Officer Susan Beal spoke to Marie Hamblin , Director at Deloitte Digital. We help our clients with everything from strategy design to actually implementing the technology solutions. You can watch their conversation he r e.
Nucleus Research recently published its TMS Technology Value Matrix 2024 , which provides an overview of the current market for Transportation Management Systems (TMS), while also assessing the software providers in this space. Brennan cited Blue Yonder’s integrated platform approach to transportation management.
Highlights from the High-Tech Industry Summit Blue Yonder’s High-Tech Industry Summit, cosponsored by Microsoft and Ernst & Young LLP , brought together over 50 supplychain practitioners from 18 diverse high-tech companies to Microsoft’s Technology Center in Mountain View, California, in October. Kudos to the Micron team!
In the rapidly evolving landscape of supplychain management, precision, agility, and resilience are the keys to success. Unfortunately, due to the ineffectiveness of traditional demand planning tools, many planners find themselves working outside their standard applications, which can lead to inefficiencies and data discrepancies.
Agility, resilience, sustainability, and efficiency: these are the goals of the modern supplychain. But ever-increasing levels of complexity and ongoing supplychain instability make actualizing these ideals a significant challenge.
The modern supplychain is too complex to make changes without considering the effects it will have on every other stage. As diligent as employees are, its impossible to keep track of every variable without the support of an intelligent tool. Modernizing the supplychain to be powered by AI tools improves both simultaneously.
This idea, coupled with the state of the global economy, has led many organizations to scrutinize their supplychains and consider outsourcing logistical operations to third-party logistics (3PLs) providers when it makes sense. For example, we provide software capabilities to 65% of Tier 1 3PL organizations.
The 2023 FMI SupplyChain Forum brings together professionals from various sectors, including retail, consumer packaged goods (CPG), manufacturing, and third-party logistics, to discuss the pressing issues and opportunities in the food industry. Technology Overhaul: Legacy systems from the last millennium still hinder progress.
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