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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.
My head is wobbling with announcements, late-night Friday press releases, company name changes, and executive turnover in the supplychain planning market. Logility, a conservative company supplychain planning technology, historically had no debt and cash reserves of more than 80M, is undervalued in this deal.
I find that most companies’ understanding of supplychain planning is immature, and that next week, at the Gartner SupplyChain Summit in Orlando, that many will don their Mickey ears to discuss what I consider outdated supplychain planning models. How can I improve the process of software selection?
For over a decade, since founding SupplyChain Insights in 2012, I have pounded the keyboard, asking business leaders to think more holistically about the impact of supplychain decisions on the firm’s value, the improvement of a value chain, and the impact on the environment. Thirteen years. Change is Hard.
As I was enjoying the holidays, I had an opportunity to reflect on the year past and what the future holds for supplychains. However, organizations will need to be deliberate in designing supplychains with optionality so it does not become cost prohibitive. SupplyChain Design is essential in tackling these.
Avenues of transport are declining as major cargo airlines, like Cathay Pacific , drastically reduce flights to mainland China and Hong Kong. The virus continues to compromise supplychains and disrupt companies at a troubling rate, but a re businesses prepared from a supplychain planning perspective?
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!
And how can supplychain planning help? In one project, I am interviewing over fifty supplychain leaders on their perceived impact of advanced planning, what makes a good plan, and how effectively they use the technology. I am also writing the new edition of the SupplyChains to Admire.
Knowledge Graphs are emerging as an important tool for building advanced AI capabilities. The Celanese SupplyChain Celanese Corporation (NYSE: CE), headquartered in Dallas, Texas, is a global chemical and specialty materials company with revenues of over $10 billion. The chemical industry has a complex supplychain.
My recent conversations with the supplychain practitioners are dominated by supplychain risk — specifically geopolitical risks in light of the ongoing Russian invasion of Ukraine. Let us dive deeper into how supplychains are getting disrupted. Europe relies on Russia for around 35% of its natural gas.
We’ve only just entered the second half of the year and people haven’t even taken their summer vacations yet, so why are we talking about holiday supplychains now? Shouldn’t this alleviate the pressure on holiday supplychains?”. Last year, retailers started encouraging holiday shoppers to shop early. Not really.
Recent supplychain disruptions are forcing organizations to challenge the prevailing wisdom and look for newer approaches to decision making. The simultaneous shocks to demand and supply, and the magnitude of these shocks are not something the world ever experienced.
As global supplychains continue to tackle ongoing disruptions, one major headwind that most organizations are faced with is the inflationary environment we are living through. transportation, warehousing) or materials – direct, indirect, MRO (Maintenance, Repair, and Operations), goods for resale. Digitalizing sourcing (i.e.,
Megatrends Shaping SupplyChain Innovation. While the COVID-19 pandemic woke up supplychains around the world, the ripple effects continue to disrupt in both size and scope. How are supplychains planning for further disruption and uncertainty? Creating a more resilient supplychain.
Wikipedia Unleashing the Contrarian Here are my thoughts this morning over coffee: Gartner Top 25: Really A Celebration of SupplyChain Leadership? Designed to lift the profession and celebrate supplychain results, I struggle to find that the methodology supports either objective.
Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. The health of all sectors is dependent on the chemical industry.) The value chain supporting all industries is sick, requiring a leadership step-change. Supplychain leaders have little say in the business.”
Jim Saponaro and Joe Lynch discuss the life sciences and healthcare supplychain. Jim is the President, Life Sciences & Healthcare DHL SupplyChain North America. About Jim Saponaro Jim Saponaro is the President, Life Sciences & Healthcare DHL SupplyChain North America. ft in warehousing space.
I share insights, based on research, for the supplychain leader. Frequently, when I post about an issue, a well-intending consultant or an aggressive business development executive will tout the evolution of the autonomous supplychain as the answer. Shifts in Technology. Stay tuned. Background. They did it.
The Green Corridor: Full Circle – The Promise and Struggles of the Circular Economy and Green SupplyChains. This is my mantra for building green supplychains. The right way” emphasizes that our fundamental relationship with the Earth demands that products be made and transported in ways not harmful to the Earth.
I use this example to illustrate the challenges (or, perhaps, the futility) of making supplychain and logistics predictions. So, here is my invented future for 2015, starting with my most audacious prediction: Google will acquire a logistics service provider (3PL) and/or a logistics software vendor. The Google TMS?
Today begins our series about electronic data interchange or EDI in transportation. In this series, we will first talk about how EDI in transportation works and what it is, covering the history of EDI in transportation, the definition, how it works technically, and then some common EDI codes used within the transportation industry.
Energy Storage Development – A Fast Emerging Technology Needed for Sustainability. That said, when was the technology there to even make ordering from an app possible? For transportation and logistics – the revolution to decarbonize is likewise well underway. This month I wanted to shed a light on emerging battery technology.
A transformation that is based on the idea that by putting in new applications the company will automate a process, or processes, and provide more and better data to make decisions, is a poor foundation for a true transformation. GEON Embarks on a Digital Transformation GEON Performance Solutions is embarking on a supplychain transformation.
Or agreement on the definition of supplychain excellence. Sometimes, even the definition of a supplychain is not clear. The focus is on digitization—automating today’s processes—versus rethinking process excellence based on the art of the possible. Confluence of New Technologies. Why does it matter?
Jake is the Chief Technical Officer at Gnosis Freight , the freight-tech company that pioneered the world’s first Container Lifecycle Management® Platform, which is a supplychain platform focused on the full lifecycle of shipping containers. Gnosis Freight offers a software platform for managing container shipping.
The GCC chemical industry is second largest manufacturing industry in value add, after refining. 2017 Facts and Figures report by Gulf Petrochemicals and Chemicals Association (GPCA), the chemical industry accounts for 3.1 Following COVID-19 the global chemicalsupplychain market reported a severe decline in output.
This guide explores a range of logistics equipment, from storage solutions and transportationtools to facility equipment, packing solutions, technology systems, and safety gear. Efficient material handling and transportation are essential for keeping supplychains moving. to 10 tonnes or more.
Last week, I wrote about the evolution of supplychain planning. In my blog post, I commented on HOW little supplychain planning has changed in its twenty-year evolution. I, like other analysts, are stuck in the traditional software APS paradigm. I am part of the problem. 1) Kinaxis.
The typical distribution process in the chemical industry looks mostly like this: The chemical producer distributes goods from various locations to a large number of customers, using different forwarders depending on the company’s diverse transportation requirements.
Reshoring to the US and Europe Accelerating, Now Also Serving CO2 Emission Reduction Objectives by Luc Kremers , Vice President – Asia Pacific, BCI Global Reshoring is accelerating as American and European companies want to de-risk their supplychains from geopolitical developments and supplychain disruptions.
Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. The health of all sectors is dependent on the chemical industry.) The value chain supporting all industries is sick, requiring a leadership step-change. Supplychain leaders have little say in the business.”
Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. The health of all sectors is dependent on the chemical industry.) The value chain supporting all industries is sick, requiring a leadership step-change. Supplychain leaders have little say in the business.”
The process as is implemented in many companies focuses on balancing demand and supply based on preestablished rules and policies that serve as guardrails for the planning process. More recently the technology has evolved to a point where such processes can be conducted at a faster cadence than a typical monthly cadence that was the norm.
Raw materials, parts and services are currently all running through supplychains and manufacturing processes and emitting GHGs. IT solutions for supplychains need to bring that micro level information on waste (including GHG emissions) into the hands of managers. Digitizing logistics technology is innovating fast.
Krenar is the CEO and founder of Tive , a leading provider of real-time supplychain visibility insights that help logistics professionals actively manage their in-transit shipments’ location and condition. Most recently, Krenar founded the Global SupplyChain Visibility company Tive and serves in the CEO role.
Process chemical manufacturers face complex supplychain challenges including dealing with hazardous and perishable ingredients whose characteristics (potency, color, composition, etc.) I believe there are several key ingredients to formulating a winning process manufacturing supplychain. can vary from lot to lot.
In that article, I highlighted the importance of the network effect on time slot management and related technologies, as well as the main benefits of a time slot management application. The Network Effect, Sustainability, and Automation. This is certainly a technology gap that needs to be addressed to improve efficiencies.
Blake serves as the Vice President of Safety for Ruan Transportation Management Systems , a family-owned dedicated logistics provider since 1932. About Blake Grolmus Blake Grolmus serves as the Vice President of Safety for Ruan Transportation Management Systems. Ruan has over 5,000 team members, including 4,000 truck drivers.
Ongoing attacks on vessels in the Red Sea by Yemen’s Houthis continue to disrupt shipping lanes in the chemical industry’s supplychain, according to Al Greenwood, chemicals expert and deputy editor at ICIS. The Houthis are creating significant supplychain disruptions for chemical companies and governments.
The chemical manufacturing industry has shown impressive growth over the past 25 years. Since the 80s, the global chemical industry has grown by seven percent annually. If current trends continue, global chemical markets are expected to grow an average three percent in the next 20 years. Overcoming tank planning challenges.
While those tools still have their place, weve largely moved to sophisticated automated systems. Modern data collection is fundamentally supported by advanced specialized sensors that serve as the primary tools for gathering various metrics in manufacturing environments. Remember clipboards and spreadsheets?
” The storyline starts with a supplychain story of a shortage–semiconductors, rental cars, plastics–and ends with an easy answer. Nothing about the current state of the supplychain is easy. Supplychain leaders have the ability to drive change like never before. And, voila!
Over the last two decades the company successfully leveraged global scale to define supplychain leadership. With 12,000 supplychain employees operating in 80 countries with 2400 storage facilities, supplychain excellence and innovation are the foundation of corporate performance. BASF creates chemistry.
Forty years ago as a chemical engineering student, I learned the tedious craft of chemical plant design. Getting good at factory design is a merit badge of sorts for the chemical engineer. Getting good at factory design is a merit badge of sorts for the chemical engineer. SupplyChain and Design.
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