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As reported by Paul Wiseman on February 7th, “For the first time in more than two decades, Mexico [in 2023] surpassed China as the leading source of goods imported by the United States.” This news prompted us to ask members of our Indago supply chain research community — who are all supply chain and logistics. Read more The post Is China’s Role in Your Supply Chain Increasing or Decreasing?
Matt Hoffman, Vice President of Product and Industry Solutions, at John Galt Solutions One-number plans are bad plans. A one-number forecast, for example, looks across the range of demand that might emerge in a period and decides to create a forecast that is mid-way between the most and the least demand that is apt to emerge. A probabilistic approach to planning would be better, but our supply chain tools have not supported this approach well.
Over the past two years, I taught over 600 students the principles of outside-in processes. I also taught five technology companies. Some attendees express interest and then state, “Interesting Lora, but no one is asking for this functionality.” I bite my tongue wanting to reply, “Did anyone ask Henry Ford to build a car? Or the Wright Brothers to fly at Kitty Hawk?
Tom Raftery and Joe Lynch discuss triple bottom line logistics. Tom is an entrepreneur, sustainability expert, technology executive and all-around thought leader. Tom advises logistics and supply chain companies on technology, sustainability, and communications Summary: Triple Bottom Line Logistics Tom Raftery , a sustainability expert, discusses the importance of triple bottom line logistics in the supply chain industry.
Procurement leaders are at a pivotal moment. With CPOs playing an increasingly strategic role, it’s time to leverage innovation and technology to drive resilience and efficiency. Download The 2025 Annual ProcureCon CPO Report to uncover key insights to thrive in a dynamic procurement landscape. What’s Inside: How CPOs are driving strategic decision-making and technology adoption The top priorities and challenges for procurement in 2025 Why AI, sustainability, and data analytics are essential for
Boston , MA – May 6 , 2024 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, today announced the global launch of Decision Hub , an innovative solution enabling decision-centric planning through zero-latency decision alignment. As a pioneer in solutions that enable supply chain executives to navigate uncertainty, ToolsGroup has long been on the cutting edge , enabling smarter, faster decisions that drive profit.
With AutoPilot and AutoPilot Central, the company says, supply chain managers can reduce planning time by 97%, reduce inventory waste by 13%, and optimize labor planning, among other benefits.
Blue Yonder recently attended the LogiMed USA 2024 conference in beautiful Palm Springs, California. The event brought companies from across the medical device and diagnostics supply chain together. Attendees included medical device and diagnostics manufacturers, hospital systems, raw material suppliers, software providers, and logistics service providers (LSPs).
Savvy B2B marketers know that a great account-based marketing (ABM) strategy leads to higher ROI and sustainable growth. In this guide, we’ll cover: What makes for a successful ABM strategy? What are the key elements and capabilities of ABM that can make a real difference? How is AI changing workflows and driving functionality? This Martech Intelligence Report on Enterprise Account-Based Marketing examines the state of ABM in 2024 and what to consider when implementing ABM software.
Held April 29-May 1 at the MGM Grand in Las Vegas, ISM World 2024, provided education and networking opportunities for over 2,000 professionals in procurement and supply chain with a focus on the reimagination of future supply chains, including the development of emerging supply chain leaders. Our team that was on the ground in Las Vegas had the opportunity to discuss the future of supply chain risk management with fellow industry peers and attendees, and receive feedback regarding our best-in-b
Sometimes a breach of contract by a supplier is completely unexpected, but other times you might see it coming weeks or months in advance, and be left wondering about your options.
Supply chain AI leader introduces new proactive capability, empowering organizations to cut through noise and outpace disruption WASHINGTON, DC. May 6, 2024 – Exiger, the market-leading supply chain and third-party risk AI company, today launched a new Proactive Intelligence capability to empower major corporations and governments with advanced predictive risk analytics, complete and accurate supplier data, and insights into supply chain crises – from natural disasters to infrastructure fai
Tariffs will have a major impact on your supply chain, margins, and operations. Drawing on our work with global companies across manufacturing, automotive, pharmaceuticals, semiconductors, software, technology, financial services, and a range of service industries, we outline the key strategic and tactical actions companies are taking to navigate this period of heightened uncertainty.
The term “supply chain management” quickly exploded into the public lexicon during COVID, at which time people would often heard saying “blame it on the supply chain”! For the first time in my 35 year career, I was also inundated with calls from the media wanting to know what was going on with our supply chains. Indeed, supply chains were effectively shut down during COVID, and I was closely involved with several federal efforts to obtain critical materials like PPE, drug
Demand planning and statistical forecasting software play a pivotal role in effective business management by incorporating features that significantly enhance forecasting accuracy. One key aspect involves the utilization of smoothing-based or extrapolative models, enabling businesses to quickly make predictions based solely on historical data. This foundation rooted in past performance is crucial for understanding trends and patterns, especially in variables like sales or product demand.
Over the last two years, there’s been a 76 percent increase in AI adoption across sales organizations. The reason for its rise? AI increases teams’ productivity by predicting and automating actions that require manual effort. In other words, the research that takes reps hours, AI can do in seconds. For sales teams, AI opens up a world of new possibilities, including automating outreach, identifying best-fit buyers, and keeping CRMs flush with fresh data.
Join the upcoming webinar to learn how a smart data fabric can be used to unify data across disparate sources and accelerate AI-driven decision intelligence.
Factories prioritize value creation – the flow analysis from a factory determines the company’s ability to respond to its markets. When you visit a factory, beyond the state-of-the-art machines, the impressive technologies, and the exemplary 5S (or not), try to understand how these flows are connected to the needs of the company and its customers.
A forecast is a prediction about the value of a time series variable at some time in the future. For instance, one might want to estimate next month’s sales or demand for a product item. A time series is a sequence of numbers recorded at equally spaced time intervals; for example, unit sales recorded every month. The objectives you pursue when you forecast depend on the nature of your job and your business.
For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic
According to research from Ivalua , suppliers often face late payments; as a result, they report having to extend or open lines of credit otherwise not needed (41%), delay delivery of products or services (34%), and increase prices or reduce discounts (33%). This arrangement is disadvantageous for both suppliers and businesses that are their customers.
In today’s competitive landscape, delivering exceptional customer service is more critical than ever for field services management organizations. A satisfied customer is not only more likely to remain loyal but also to recommend your services to others. As customer expectations continue to rise, technology plays an increasingly crucial role in enabling field service companies to meet and exceed those expectations at every stage of the service journey.
The U.S. Securities and Exchange Commission’s new climate disclosure rules underscore the mounting pressure on businesses to prioritize environmental sustainability.
Modern go-to-market teams know it takes more than one email to break through the noise. Multiple touchpoints means more ways to get your pitch right — and, potentially, more ways to be wrong. The good news? Once you know how to write compelling, one-off emails to entice prospective customers, you can easily do the same across a short sequence of emails.
Integration serves as the cornerstone of effective spend management solutions, facilitating seamless connectivity across disparate systems and data sources. By enabling enhanced visibility and automation, integration empowers organizations to optimize spending, strengthen compliance, and drive strategic decision-making. The Role of Integration in Spend Management In today’s dynamic business landscape, organizations face increasing pressure to optimize […] The post The Vital Role of I
Todd Burke, president of global business development at electronic components distributor Smith, reviews the conclusions of the company’s 2024 Preview Market Intelligence Report on the semiconductor industry.
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