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This is a story for the Eds, Franks, and Toms working together in supply chains across the globe. It is also a story for a young supply chain manager attempting to make a difference, but feeling stymied. Sharing My Experience. The year was 1982. I lived in Cincinnati and worked in R&D for P&G. My ex-husband decided that we were going to move to Delaware.
COVID-19 forced 95 percent of the U.S. economy into shutdown earlier this year, spurring the largest unemployment rate (14.7%) in post-World War II history. Bleak, though it may seem, the fallout would be far worse if not for essential businesses that risked their safety to keep the midnight oil burning. Economists believe that the US could recover faster than expected from the “unprecedented magnitude of the decline in employment and production”—but it won’t be easy.
During our Trend Dinner just under a year ago, which was attended by almost a hundred supply chain directors, I predicted that we would find ourselves in an economic crisis around this time. Anyone with some understanding of chaos theory could see that the European and global economic system had become unstable and was on the verge of chaos. When asked what would trigger this economic crisis, I answered that I wasn’t sure, but that it might be Brexit.
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
Integrated Business Planning (IBP), as defined by its creators at Oliver Wight , is “the business planning process that extends the principles of S&OP throughout the end-to-end supply chain, product, service and customer portfolios, customer demand and strategic planning, to deliver one seamless management process.” IBP provides substantial bottom-line benefits.
When it comes to TMS and digital freight, there is a lot of interest. More and more TMS suppliers are integrating digital marketplaces into their core TMS offering. As the supply chain world continues down its digital transformation path, digital brokers can play an integral role in easing capacity constraints, opening up new lanes, and providing a benchmarking tool for shippers.
When it comes to TMS and digital freight, there is a lot of interest. More and more TMS suppliers are integrating digital marketplaces into their core TMS offering. As the supply chain world continues down its digital transformation path, digital brokers can play an integral role in easing capacity constraints, opening up new lanes, and providing a benchmarking tool for shippers.
Excellent firms don’t believe in excellence – only in constant improvement and constant change. Tom Peters. The idiom, rearranging the deck chairs on the Titanic, symbolizes working on something pointless or insignificant because it will soon be overtaken by events. After finishing the Supply Chains to Admire report and the Youtube series (to be released this week), this is my feeling.
There are many paths to achieving organization goals. Whether goals are revenue or sustainability, a major contributing ability is operational efficiency; the ability to make continuous improvements towards Lean processes. Making the journey towards being Lean involves using one of most important resources in the world – people! Although machines and material are components in Lean operations, the human element primarily drives improvements within organizations.
In this episode of Be Ready for Anything, hear from Tommaso Chierchia, ToolsGroup’s Director of SOExpress Delivery, about the primary types of supply chain risk arising out of COVID-19, and how organizations can proactively minimize their exposure. We cover how to minimize manual intervention, what strategies have proven most effective in the COVID era, and how to speed your recovery.
Let me start with a quote from a great leader!! “When the world changes around you, and when it changes against you, what used to be a tailwind is now a headwind — you need to lean into that and figure out what to do because complaining isn’t a strategy.”. — Jeff Bezos, CEO, Amazon. Reimagine Supply Chain of the future: There are many facets to imagining Supply Chain of Future.
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.
Telematics is all but inseparable from the modern supply chain. GPS technologies have been a staple of the industry for some time, but telematics services today can offer even more. With such a variety of services available, choosing the right fleet tracking software can be a challenge. While some of your needs will vary depending.read More. The post 5 Reasons to Keep Your Telematics Service Provider appeared first on Transportation Management Company | Cerasis.
I recently wrapped up my Transportation Management Systems market study which looks at the total size of the market, the forecasted growth through 2024, and the leading suppliers across a number of categories including industry, region, and customer size. The study includes a holistic view of the TMS outlook. I was recently interviewed by ARC Advisory Group’s Allen Avery to take a deeper look into the TMS outlook for the foreseeable future and identify some of the larger trends in the TMS market
The first half of 2020 is over. But keep your seatbelts tightly fastened because the second half of the year could be just as unpredictable. Not surprising, six of the top ten posts we published in the first half of 2020 were related to the COVID-19 pandemic (see below). Nothing has impacted global supply chains, Read more Top Talking Logistics Posts & Episodes – Plus Indago Highlights (1H 2020).
Selecting an E-commerce Fulfillment Partner with AJ Khanijow. AJ Khanijow and Joe Lynch discuss selecting an e-commerce fulfillment partner. For e-commerce companies the difference between success and failure is fulfillment. As the founder of an fulfillment company that specializing in e-commerce, AJ knows what companies should look for in an e-commerce fulfillment partner.
Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever
“Managing supply chain and logistics has never been more significant and challenging since the outbreak of COVID-19 that created a new norm with high uncertainty and enforced an inevitable shift”. Overview. Logistics and supply chain management is a rapidly evolving field. Digital technology continues to be the key mechanism for change and value creation.
As customers continue to shop online through the remainder of the year, the demand on reverse logistics—particularly the process of managing returns—will skyrocket. It’s the same story; customers want more and more. And, it’s time for businesses to really consider the facts. “The global reverse logistics market is forecast to hit US$603.90 billion by 2025,read More.
Medtronic MDT has been engaged in a digital transformation. This includes building out a digital twin of their end-to-end supply chain to make it easier for people to make better and faster supply chain decisions. The company has built a data lake to feed LLamasoft’s Supply Chain Analytics Platform, llama.ai, to create their supply chain digital twin.
The Supplier Relationship Management Playbook is your guide to building effective supplier partnerships that drive supply chain excellence. This playbook equips supply chain professionals with strategies for managing compliance, tracking performance, and fostering collaboration to reduce supply chain risks. Inside, you’ll find: Strategies for Compliance: Best practices to help meet regulatory standards.
When you think about Microsoft and its role in supply chain and logistics, Excel is probably the first thing that comes to mind. The Excel spreadsheet is arguably the most used software application in the field (see “5 Reasons Why Excel Is Champ Of Supply Chain Apps”). But over the past few years, Microsoft has. Read more The Most Important Technology Company in Your Supply Chain Operations.
Frictionless Logistics: It’s the Collaboration, Stupid with Ketan Karkhanis. Ketan Karkhanis and Joe Lynch discuss logistics collaboration and the friction that limits productivity for shippers, 3PLs, brokers, and trucking companies. About Ketan Karkhanis. Ketan Karkhanis is the Chief Product Officer at Turvo, the first real-time collaborative logistics platform that uses artificial intelligence to perfect the science of movement.
The chemical industry faces a unique set of challenges regarding safety in their logistics operations. The transportation of chemicals requires next-level care and expertise as it deals with sensitive and potentially dangerous materials. Errors in shipping chemicals that are hazardous can have serious consequences. While logistics operations are typically intricate by default, shippers and manufacturers […].
Whilst the COVID-19 pandemic spreads across the world, it is vital for organisations to ensure a reliable supply of products and services. Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. This challenge has contributed to the slowdown or cessation of production in some sectors (e.g. fashion, automotive, spare parts, airlines).
Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski
Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea
Across returns supply chains—a core component of reverse logistics—the need to improve performance has never been higher. Companies across the globe have taken note of the value of big data analytics in logistics and how tracking key performance indicators (KPIs) and core metrics can dramatically affect supply chain performance. As explained by Performance Magazine, improvement measurement.read More.
COVID-19 has put supply chain organizations under great strain. But there has been one nice side effect in the consumer goods supply chain. SKU proliferation has been reversed. The post COVID-19’s Beneficial Effects on the Consumer Goods Supply Chain appeared first on Logistics Viewpoints.
“Does everybody have a mask?” It’s the last question my wife or I ask our teenage kids these days before we pull out of the garage to venture out somewhere. Many years ago, when the kids were all little, we would often ask, “Does everybody have shoes on?” before we drove away. Why would a. Read more Above the Fold: Supply Chain Logistics News (July 10, 2020).
The year 2020 has thrown us all for a loop, and the resulting drastic shifts in demand are motivating companies to accelerate the digital supply chain transformations that for some may have been languishing in early stages. Walmart’s senior vice president of supply chain, product and engineering recently commented that the events of 2020 have “forced us to innovate at a speed that I had not seen before”.¹ The more complete end-to-end data and improved supply chain visibility that come with digit
Innovation varies widely across sectors and organizations, creating value in diverse forms. Understanding different types is crucial for R&D teams to foster creativity and uncover missed opportunities. This guide explores 25 key types of innovation in management frameworks.
Food and beverage companies produce and distribute essential products every day. The Covid-19 pandemic has resulted in food shoppers buying supplies for a longer period of time (ex. shopping for 2 weeks at a time instead of 1) and purchasing products such as toilet paper, paper towels and disinfectant wipes in bulk. Practicing new skills […]. The post Unique Challenges Facing Food & Beverage Supply Chains appeared first on Kuebix.
Thursday, 13 August | 11:00 SGT. We all see that e-Commerce is growing by leaps and bounds but why are e-commerce supply chains different from traditional supply chains – or are they? – Is only the last mile delivery portion that is different? – What does the future of home delivery look like? – Differences in pick & pack operation. – Eco-Friendly supply chain.
Fill out the Form Below to Get a Free Copy of the White Paper to Your Inbox! Supply chain performance depends on the efficiency of all operations, including both inbound and outbound processes for resellers, third-parties, and other entities. Such performance is further amplified by effective last mile processes—reducing issues during delivery and providing a.read More.
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