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Vendor-managed inventory (VMI) is a collaborative supply chain management strategy where the vendor (supplier) manages the inventory levels at the customer’s location. This management involves the vendor monitoring stock levels, forecasting demand, and replenishing inventory. How does VMI work? VMI works through leveraging a couple of important elements.
Autonomous technology continues to make an impact on the supply chain. The autonomous supply chain , as I am writing about it here, applies to moving goods without human intervention (to some degree at least). While there is plenty of talk about autonomous transportation, including drones and self-driving trucks, warehouse automation is at the forefront of the autonomous supply chain.
Gaurav Khandelwal and Joe Lynch discuss beyond the yard – how Velostics streamlines scheduling. Gaurav is the Founder and CEO of Velostics , a logistics Software-as-a-Service (SaaS) company specializing in unified scheduling of appointments, dock and yard management and digitizing the gate in/out process for shippers. Summary: Beyond the Yard: How Velostics Streamlines Scheduling In this podcast, Gaurav Khandelwal, CEO of Velostics, discusses how their cloud-based logistics software au
Modern supply chains are far from linear. They now resemble complex labyrinths, where balancing overstocks and stockouts is merely the starting point. In this dynamic environment, businesses must meet rising customer service expectations while driving innovation and growth. Such complexity drives demand volatility. This urges a shift from the unsustainable practice of buffering against uncertainty with high inventory levels.
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
A note from the writer: I’m in a years-long group chat with a small group of the closest queer people in my life. We cheekily call it the GNN (Gay News Network), and we share everything from funny memes and ridiculous TikToks to inspiring articles and even our biggest worries and insecurities. Recently, I shared with the GNN some intimate, personal thoughts on change, and in honor of Pride month, I’d like to share an excerpt of that conversation with you.
By Ian Benson (pictured) Content Writer The post Understanding the Categories of Commercial Driver’s Licenses in the US appeared first on IT Supply Chain.
By Ian Benson (pictured) Content Writer The post Understanding the Categories of Commercial Driver’s Licenses in the US appeared first on IT Supply Chain.
By Philipp Pfister (pictured) Chief Customer Experience Officer, Transporeon The post Europe’s driver shortage extends beyond a mere personnel issue – revealing systemic challenges within the industry appeared first on IT Supply Chain.
Learn how Resilinc’s ESG Risk Assessment can help your company proactively mitigate ESG Risks hidden in your supply chain. ESG (environmental, social, governance) is becoming increasingly important for supply chains across the globe. As governments introduce stricter ESG legislation related to environmental protection, labor rights, and corporate governance, companies must perform due diligence to avoid costly penalties and legal risks.
Here’s a simple yet illustrative example: Sara’s Sweets is a fictional bakery that collaborates with local cafes and also handles custom online orders directly from consumers. Online customers frequently demand highly customized products such as tailor-made cakes, detailing every aspect of their order. These requests are irregular but tend to spike during special occasions like weddings and the holiday season.
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.
Illuminating Adversarial Influence in Seaports June 5, 2024 White Paper Challenge Maritime critical infrastructure security has been an increasing U.S. national security priority, particularly after the 2022 attacks on the Nord Stream pipelines in the Baltic Sea. There is growing concern about foreign influence in U.S. seaports as economic competitors and their governments make a concerted effort to expand influence into seaports around the world.
Here’s a simple yet illustrative example: Sara’s Sweets is a fictional bakery that collaborates with local cafes and also handles custom online orders directly from consumers. Online customers frequently demand highly customized products, such as tailor-made cakes, detailing every aspect of their order. These requests are irregular but tend to spike during special occasions like weddings and the holiday season.
EU Deforestation Regulation: How To Get Ready Today Prepare for Compliance with Our White Paper The Dec. 30 deadline to comply with the European Union’s Deforestation Regulation (EUDR) is looming for companies that operate within or into the EU. With severe penalties for noncompliance, including substantial fines and potential reputational damage, the time to act is now.
Myself and Enchange colleagues have written 100’s of posts and articles about Route to Market for well over five years. It is fair to say that our message has spread far and wide and attracted a lot of attention in the RtM and commercial world. I want to bring this work together in the form of a simple new model. I will call this model the A-B-C of Route to Market.
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.
According to Trucking Dive , the transportation market is experiencing a “rightsizing.” 2024 is seeing about the same number of new trucking companies enter the market as there were last year. Overall, however, there are more trucking companies shutting down than there are entering the industry.
Ann Marie Jonkman, senior director of global industry strategies with Blue Yonder, frames the key questions that logistics service providers should be asking, as they consider adopting innovative technologies on behalf of customers.
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.
Life as a procurement manager can be pretty hectic. Juggling multiple orders that need to be completed in short time frames and spending hours entering order details—it all adds up to a demanding day. Precoro is introducing a better solution that makes construction and renovation purchases quicker and error-free. Access Home Depot’s extensive catalog of building materials, renovation supplies, and gardening tools directly from within Precoro.
Prime Minister Justin Trudeau and other Canadian officials have said they are monitoring the American tariff policy, but have not committed to following suit.
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
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