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The modern supply chain is growing more and more complex every day. With new technologies popping up, digital tools for all functions one can think of, and then some, supply chains now don’t necessarily need to run lean. Instead, modern supply chains need to be agile to be relevant. With companies struggling to manage inventory across global networks, volatile markets, and uncertain global conditions, shipping companies, freight forwarders, and other stakeholders will likely face increasing cost
At the end of a long day of a strategy session on supply chain excellence with a client, I needed to fill up some time in an agenda. To fill the gap, I needed to get creative to fill the time. The result? The genesis of the River of Demand learning activity. Here I share my learnings in working with clients. Background. Over the last decade, I find fewer and fewer companies understand supply chain planning.
Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. Yet, in today’s omnichannel world, retail returns are key to driving business growth, thanks to their ability to enhance the customer experience, minimize losses, and preserve long-term revenue.
Originally published in the 2022 ProcureCon Report “Transforming Procurement: Embracing Digital Innovation and Driving Sustainability” Ethical business practices and sustainability initiatives are forcing organizations to not only stand up, but to also set themselves apart from the competition by implementing ESG and CSR commitments. Sustainable and socially responsible procurement practices that cover the full spectrum can provide end-to-end visibility that facilitates monitoring an
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
Software used to control the transportation elements of a supply chain is referred to as freight broker software and is also known as a transportation management system or TMS. Freight broker software can help you become more efficient, organized, and relevant to your clients. Furthermore, good freight brokerage software can help you expand your business while […].
Volatility is the new normal in the transportation industry, with consumer behavior and market conditions (read: inflation, fuel prices). Shippers and carriers are regularly challenged to accommodate the impact, from tight capacity to delays and high costs. And even amid these conditions, shippers, carriers and their customers increasingly prioritize sustainability in the supply chain and.
Volatility is the new normal in the transportation industry, with consumer behavior and market conditions (read: inflation, fuel prices). Shippers and carriers are regularly challenged to accommodate the impact, from tight capacity to delays and high costs. And even amid these conditions, shippers, carriers and their customers increasingly prioritize sustainability in the supply chain and.
From digitalization and changing workforces to trend reversals and inventory overloads, distributors have their hands full when it comes to tackling the latest supply chain challenges. Trends in Distribution and the Current Supply Chain Environment. Over the past couple of years, supply chains have undergone a baptism by fire, having to transform quickly to account for supply shortages, rapidly evolving consumer behaviors, and general Covid-related disruption.
The late Thomas Samuel Kuhn, an American philosopher of science, introduced the term “paradigm shift” in his 1962 The Structure of Scientific Revolutions. The term caught on. As Tania Lombrozo ( @TaniaLombrozo ), a psychology professor at Princeton University, notes, “Talk of paradigms and paradigm shifts has since become commonplace — not only in science, but also in business, social movements and beyond.”[1] She adds, “A paradigm shift is defined as ‘an impo
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.
In 2018, DHL Supply Chain announced its plans to deploy emerging technologies in 350 of its North American facilities. My colleagues and I often have the opportunity to discuss initiatives such as this with company executives. Of course, we subsequently share interesting insights in Logistics Viewpoints articles. Earlier this month, Brian Gaunt, Senior Director of Accelerated Digitization at DHL, provided me with an update on the company’s warehouse digitization journey.
Kevin O’Meara, Vice President, Integrated Supply Chain at Shaw Industries, posted the following question on Twitter last Friday: “Have the billions of dollars invested in supply chain technology really made a significant difference in the outcomes? We have spent the money and we see unprecedented delays, shortages, and disruptions. [For example], we have no lack.
Importance of Digitalisation to Improve Supply Chains: Helping Businesses Navigate Through Supply Chain Disruptions. Opinion Editorial by Bill Heaney – Chief Commercial Officer at DB Schenker USA. As Industry 4.0 is adopted in more and more industries and companies, the supply chain industry is starting to implement these disruptive technologies to adapt to the ongoing challenges and obstacles.
Peter Tirschwell and Joe Lynch discuss the post-pandemic supply chain. Peter is Vice President in the Maritime, Trade & Supply Chain division of S&P Global , a global data, analytics and business intelligence organization serving sectors including maritime, energy, automotive, petrochemical and financial. About Peter Tirschwell. Peter Tirschwell is Vice President in the Maritime, Trade & Supply Chain division of S&P Global ;, a global data, analytics and business intelligence org
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
If geopolitics, inflation, and climate change aren’t enough to worry about, there are now warnings that there could be a shortage of Halloween Candy. The first company to sound the alarm was Hershey. Journalist Mehr Bedi reports, “Hershey Co said on [28 July] it would fall short of meeting demand for the all-important Halloween and Christmas holiday seasons this year, blaming a scarcity of raw ingredients and difficulties in securing suppliers.”[1] The following day journalist
BOSTON – (August 25, 2022) ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been named a leader in the Quadrant Solutions SPARK Matrix™ for Global Supply Chain Inventory Optimization. ToolsGroup Service Optimizer 99’s self-adaptive demand and inventory models define the optimal mix of inventory across the multi-echelon supply chain to achieve aggressive service level targets while right-sizing inventory.
The only way to drive business is to embrace change; in today’s uncertain world, this is more valid than ever. Still, we can see that it is hard for many companies to go outside of their box and challenge the status quo. I have seen a lot of scary examples where a company wants to stay in the old box and connect new technologies and innovation…….and they fail, again and again and again.
When you think of supply chain management, capabilities such as agility, responsiveness, and flexibility often come to mind. But an important capability you might not think of very often is consistency, which is defined as: “conformity in the application of something, typically that which is necessary for the sake of logic, accuracy, or fairness.” Why.
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.
Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains. Feature Article by Dr. Raymon Krishnan – President at the Logistics and Supply Chain Management Society. This article was originally written and published for DHL in January 2020 and focused on the trade wars and how to leverage opportunities for tariff reductions.
Ninaad Acharya and Joe Lynch discuss the Fulfillment IQ story. Ninaad is the Co-founder and CEO of Fulfillment IQ , a transformational supply chain solutions provider for companies that dare to disrupt. About Ninaad Acharya. Ninaad Acharya is the Co-founder and CEO of Fulfillment IQ, an ecommerce fulfillment product studio that supports brands, retailers, and 3PLs with bespoke solutions.
I hopped on the plane in Baltimore on my way to Atlanta last week. Always late, I squeezed past a middle-aged man wearing a black mask in the aisle seat and promptly fell asleep nodding my head on the window ledge. As we circled Atlanta, I woke up and started a obligatory conversation with my neighbor. I started with, “Tell me about you. What brings you to Atlanta?
Hello and Welcome to the Month in Review for August 2022! There is a lot more than what is shown below – visit the communities to see the exchange of information and ideas between members and DELMIA experts this month. With eight active communities, you are sure to find at least one to suit your DELMIA interests. We welcome you to connect with us, exchange and share on the DELMIA Communities.
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
One of the most difficult and expensive aspects of the supply chain is last mile and home delivery. However, from a customer experience standpoint, it is also the most memorable and possibly important. Autonomous last mile deliveries are part of the answer to the e-commerce boom that we are experiencing. I have already written about autonomous mobile robots and how they are changing last mile deliveries.
Note: Today’s post is part of our “Editor’s Pick” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. In this recent post from Descartes’ blog, Chris Jones analyzes July 2022 data related to U.S. ocean ports and import volumes.
The Green Corridor: Saving Whales in California – A Case Study in Regional Collaboration. by Timothy Foote , Founder of Susymbio. Collaboration in supply chains is not just confined to how product, information and funds move; it also includes our approach to tackling environmental issues. If you are like many people, summer months are used for taking a couple weeks off to relax.
Doug Estrada and Joe Lynch discuss Walmart transportation. Doug is a Senior Director of Supply Chain at Walmart , the largest retailer in the world. About Doug Estrada. Douglas Estrada is a Senior Director of Supply Chain at Walmart Stores Inc. A graduate of Doane University in Crete, NE. Doug Estrada has 30 plus years of experience in Supply Chain with the last 20 years of supporting Walmart Stores, Inc.
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.
ToolsGroup welcomes Jon Purdy as Chief Financial Officer and Joseph Luciano as Chief People Officer. . BOSTON — August 4, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, announces it has appointed Jon Purdy as Chief Financial Officer and Joseph Luciano as Chief People Officer. These strategic executive hires support rapid company growth, better collaboration, goal clarity, and ongoing improvement in key business metrics while keeping
In this blog series, I’ll take a look at the current state and future evolution that can be expected within the world of supply chain planning software through the lens of Dassault Systèmes DELMIA. You will discover: A detailed overview of what supply chain planning is An explanation of the importance of supply chain planning for manufacturers A breakdown of the key elements in supply chain planning including demand planning, supply planning, sales and operations planning, production scheduling,
As a pioneer in warehouse technology and the development of solutions that empower warehouse workers, Lucas Systems recently commissioned a research study and developed the first Voice of the Warehouse Worker Insights. The goal was to capture the warehouse workers voice in terms of what they currently see, what they feel and believe, what they fear, and finally what they hope for.
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