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Operational Resilience is a strategic (yet often misunderstood) topic. However, by correctly discussing, implementing, and starting a journey toward operational resilience in your company, you can achieve immediate tangible benefits. This blog will define operational resilience, the steps you should take to achieve it throughout your supply chain, and the benefits of pursuing it.
ProMat 2023 is being held this week, March 202 -23 in Chicago. I spent the full day yesterday roaming the floor and meeting with exhibitors. For those of you that were unable to attend, this article will provide a thorough second-hand experience of a day at this expansive exhibit. ProMat 2023 occupied both McCormick Place South and McCormick Place North with over 1,000 exhibitors.
Joe Spisak and Joe Lynch discuss how to find a fulfillment partner. Joe Spisak is the Founder and CEO of www.Fulfill.com , a marketplace that connects ecommerce brands with the right warehousing and fulfillment partners. About Joe Spisak Joe Spisak is the Founder and CEO of www.Fulfill.com , a marketplace that connects ecommerce brands with the right warehousing and fulfillment partners.
Russia’s Arctic Expansion: A Long-Term Strategy While the world is currently focused on the conflict in Ukraine, Russia is quietly expanding its military presence in the Arctic, building new bases in the region. With untapped oil and gas reserves and melting polar ice, the Arctic presents an opportunity for Russia to access these resources. Additionally, new shipping lanes are opening up, and Russia has a grand plan to become the biggest beneficiary of climate change in the region.
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
By Lorri Janssen-Anessi (pictured) BlueVoyant’s Director of External Assessment The post The Hitachi Energy breach – How organisations can avoid similar third-party attacks appeared first on IT Supply Chain.
VJ and I were best friends in college but lost touch over the past two decades, given our busy work and family schedules. VJ works at a Silicon Valley startup, and we recently met back up at a mutual friend’s son’s wedding. We spent quality time catching up on diverse topics, from movies to politics and sports to spirituality. We also spent a considerable time discussing mindful meditation practices.
VJ and I were best friends in college but lost touch over the past two decades, given our busy work and family schedules. VJ works at a Silicon Valley startup, and we recently met back up at a mutual friend’s son’s wedding. We spent quality time catching up on diverse topics, from movies to politics and sports to spirituality. We also spent a considerable time discussing mindful meditation practices.
By Gary Barraco (pictured) Assistant Vice President, Product Marketing at e2open The post Supply flex vex: food shortages drive up inflation, supply chain to blame appeared first on IT Supply Chain.
By John Maguire (pictured) Managing Director, Narrow Aisle Limited The post Grocery & retail DCs are changing their order picking strategies appeared first on IT Supply Chain.
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.
Delivery has always been part of the order fulfillment process, but it’s only been in recent years that it has emerged from a cost center, back-end process to become a competitive differentiator and a key driver of customer experience. Even if everything goes perfect in the sales process, a poor delivery experience can quickly taint. Read more The post Home Delivery Performance: Ticking Time Bomb or Market Opportunity?
Three Tecsys recipients recognized with award that honors outstanding executives whose accomplishments leverage supply chains for competitive advantage. PROMAT, Chicago, IL. March 22, 2023 — Tecsys Inc. (TSX: TCS), an industry-leading supply chain management software company, is delighted to share that Tecsys’ David Mascitto, Jamie Miron and Khadar Mohammed have been named 2023 Pros to Know by Supply & Demand Chain Executive magazine.
Many companies are modernizing their supply chains. But you have to go beyond modernizing your supply chain. You have to future-proof it through supply chain technologies. Many new logistics technologies exist to help future-proof supply chains. Some of those include automated vehicles (AVs), electric vehicles (EVs), Blockchain, Artificial Intelligence, and Machine Learning.
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.
Selling and making a profit is the primary goal for your business. A smooth-functioning supply chain is vital to meeting buyer expectations. Despite your best supply chain planning, supply chains get disrupted – sometimes moderately and at other times massively. The supply base, no matter how meticulously put together, depends on numerous external factors.
The supply chain landscape is continually evolving. As we venture further into 2023, supply chains must adapt to these ever-changing dynamics. With new technologies, global disruptions, and shifting customer demands, supply chain managers face numerous challenges. And although the world has made strides to recover from the tumultuous events of 2020, many companies still grapple with the long-lasting effects of that pivotal year.
Everybody wants their products to live eternal lives, never going out of fashion or stagnating in sales growth. But unless you’re selling real estate, that’s a pretty unrealistic dream. That said, there are a few life cycle extension strategies that, when implemented, can help bring new life and demand to an old product. We outline 11 of the best ones in this article.
When embarking upon any working capital optimization programme, buyers should know the answers to three key questions: How much trapped cash can I unlock from my supply chain? How much cash should I deploy into my supply chain? And how will these actions impact my suppliers? While the answers to these questions are fundamental to realizing the benefits of supply chain finance (SCF), in reality, few companies have this information available on-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.
DALLAS, March 22, 2023 – o9 Solutions , a leading enterprise AI software platform provider for transforming planning and decision-making, today announced that it is honoring Samsung SDS with The Graph-Cube Award as part of o9’s inaugural Partner Awards program to recognize the company’s impactful innovations on the o9 Digital Brain platform. In November 2022, Samsung SDS and o9 jointly launched Nexprime SCM Mobile , an enhanced mobile experience that brings the full power of the o9 Digital Brain
Many companies are modernizing their supply chains. But you have to go beyond modernizing your supply chain. You have to future-proof it through supply chain technologies. Many new logistics technologies exist to help future-proof supply chains. Some of those include automated vehicles (AVs), electric vehicles (EVs), Blockchain, Artificial Intelligence, and Machine Learning.
Ivalua Spend Management Insights [ivory-search] 5 Reasons to Attend 2023 Ivalua NOW Nashville! March 22, 2023 | | Ivalua NOW by Eloise Barnum Y’all Ready? We are thrilled to invite procurement leaders, innovators, customers, and colleagues to Ivalua NOW Nashville. This year we’re embarking on a journey toward “Breaking New Ground” !
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
As the world adopts varying degrees of acceptance towards the crypto ecosystem, Singapore has positioned itself as a crypto-friendly environment. Crypto.com, Triple A Technologies, and Independent Reserve are amongst the many Virtual Asset Service Provider (VASPs) drawn to the Lion City’s strong economy , stability, and high rate of cryptocurrency adoption.
The 48-hour strike, which is to end on the morning of March 25, has largely paralyzed cargo handling at major ports including Hamburg, Bremerhaven and Wilhelmshaven
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.
Procurement compliance plays a crucial role in ensuring that organizations adhere to strict guidelines and regulations while acquiring goods and services. This not only safeguards a company’s reputation but optimizes operations and drives cost savings. But to achieve actual compliance in sourcing and procurement, it is important to take certain steps that go beyond just having a policy in place.
As demand grows rapidly, many packaging distributors rely on disparate technology systems and manual processes that are draining resources and decreasing productivity.
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