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You are running hard. As a supply chain leader you want your team to make progress and outpace the pack. One of the toughest challenges for the supply chain leader is building and retaining talent. Managing a global supply chain team today is not easy. We find that 59% of companies are experiencing issues in training and retaining mid-management talent.
Before the rise in wearable technology, how did you measure the distance you ran, the number of steps climbed, and the amount of calories burned? Chances are, you used a portable pedometer to measure your steps and distance travelled, and a diary to keep track of your calories burned. As technology advanced, so did fitness and activity trackers. Fitbit™ trackers not only tell you how many steps you’ve taken but how to eat a well-rounded meal, sleep better and ultimately, become a healthier human
For multi-channel retailers, it’s getting increasingly difficult to survive in “the Amazon jungle”. Bob Ferrari of Supply Chain Matters recently pointed to The Sports Authority bankruptcy as one indication. As Amazon invests relentlessly to boost its agility and drop its costs, retailers are also looking for ways to raise their game. Industry analysts have pointed out an obvious fit with inventory optimization.
by Alexa Cheater In Aesop’s Fables there is a very famous story about a tortoise and a hare. For those of you unfamiliar with this children’s classic, the moral of it is this—slow and steady wins the race. Except of course, if you work in supply chain. While turtles and tortoises have many wonderful qualities that should be celebrated as part of World Turtle Day , their characteristically slow pace and unhurried nature can prove detrimental to any business trying to keep up in this digital age,
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
Five Tech Trends That Will Change Freight. A whopping $13.92 billion dollars of US venture capital was invested in the first quarter of 2016. And with daily headlines on new Ubers for X, new tech acquisitions, and the continuing crawl of technology into our everyday life, we’re focussing on five emerging tech trends that have the potential to reshape logistics. 1.
Groundhog Day is celebrated on February 2. According to folklore, if it is cloudy when a Groundhog emerges fro m the burrow, then the forecast of an early spring is predicted. If it is sunny, and the groundhog sees his shadow, then the groundhog retreats back into the hole and the prediction is for winter weather to persist for six more weeks. It is a ritual.
Groundhog Day is celebrated on February 2. According to folklore, if it is cloudy when a Groundhog emerges fro m the burrow, then the forecast of an early spring is predicted. If it is sunny, and the groundhog sees his shadow, then the groundhog retreats back into the hole and the prediction is for winter weather to persist for six more weeks. It is a ritual.
It comes as no surprise that business and supply chain leaders are seeking new approaches to get ahead in the analytics age. Implementing an analytics strategy, and in particular implementing prescriptive analytics, can significantly improve revenues and drive down costs. How can you ensure that your team is prepared to embrace these new technologies and approaches?
I recently spoke to Trace White and Travis Parker from HP Inc. (HP) about using supply chain network design and visualization tools to respond to supply chain risks. This is something that their team at HP started to examine about two to three years ago. They had built a supply chain visualization tool in response to getting a better handle on how to position supply chain initiatives, such as direct ship activities.
This is actually a trick question. What’s wrong with aftermarket supply chain planning really has nothing to do with planning, but with management expectations. This is a case of management not expecting enough from their business. There is a reoccurring conversation in the parts industry that suggests that demand and distribution in this space is so complex that companies need to settle for less – lower customer service levels, fewer inventory turns, more obsolete or stranded inventory, and ult
Admiral E. J. King famously said “I don’t know what the hell this “logistics” is that Marshall is always talking about, but I want some of it.”. Since he was an admiral, I am pretty sure somebody got Mr. King some logistics. Admiral King was no doubt surrounded by logistics activities and logisticians. He just didn’t know which functions were actually considered logistics.
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.
by CJ Wehlage Two years ago, I made some very bold predictions on the 2014 Top 25 Supply Chains, and about 80% of them were true. Last year, I made the not-so bold predictions, as the Gartner 2015 Top 25 Supply Chain rankings were pretty much unchanged. That is, except for the new “Masters” category. I sure hope the Gartner gang will keep a focus on the Masters (Apple and P&G), as these two supply chains continue provide best practice learnings.
During the spring, I get to spend a lot of time in airplane(s) attending and speaking at technology confer ences. I have done this for a decade. However, this year is different. I feel more disruption in the air. There is a confluence of factors. The technology market for new Enterprise Resource Planning (ERP) is drying up. Excess ERP consultants line the bench.
It comes as no surprise that business and supply chain leaders are seeking new approaches to get ahead in the analytics age. Implementing an analytics strategy, and in particular implementing prescriptive analytics, can significantly improve revenues and drive down costs. How can you ensure that your team is prepared to embrace these new technologies and approaches?
The concept of a network of networks – a network that rides on top of other networks and leverages those other network’s data – has been in existence for a while. ARC prefers the term “supply chain operating network,” which we have been writing about since 2003. While the terms are in use, what has not been present is an actual working example of a supply chain operating network.
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
Editor's Note: There will be no blog post next week. Most companies segment their supply chain by breaking it down according to operational and logistical metrics. That’s necessary for continuous improvement and operational excellence. But there is another way to segment supply chains that begins with the customer. Gartner research director Jennifer Loveland calls it end-to-end segmentation, where you determine first what your customers want, then create end-to-end models—from sales through sour
The Food Safety Modernization Act (FSMA) is detailed and complicated. I like simple, so I decided to write a simple overview of the FSMA. What Is The Food Safety Modernization Act? The Food Safety Modernization Act is the biggest overhaul of food safety oversight in the history of the Food and Drug Administration (FDA). The goal is to make food safer from farm to fork.
The studies of science, technology, engineering and math (STEM) have shaped the logistics industry into what it is today. Logistics, the discipline that manages the shipping and distribution of goods to consumers, has made momentous strides in recent years with help from new technology. For students, logistics is an interesting and challenging field to pursue.
by Trevor Miles What I took away from the Gartner Supply Chain Executive Conference …. Supply Chain Management is a relatively young practice, though many of the core principles go back many decades and are based on Operations Research concepts. These have focused on optimization and efficiency. Undoubtedly the world is a better place because of this focus on manufacturing and distribution efficiency over the past 50 years, resulting in large gains in productivity and therefore standards of livi
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.
The answer is yes. Integrating production and logistics enables you to increase your delivery performance, reduce transport costs, and improve the utilization of your production resources. So why are manufacturers still suffering from disjointed decision-making in these areas? This is better explained with an example. Let me walk you through the planning challenges faced by an animal feed manufacturer and how you can overcome similar planning puzzles in your operations.
There are numerous ways to integrate tax and duties in supply chain design. Here are a few ways to consider both logistics and tax considerations in a holistic view for the best overall design decisions. The supply chain is core to how your business is run and its costs, profit and growth. With the increasing globalization of business, variable taxes and duties across trading borders have a huge impact on overall cost, supplier sourcing, manufacturing […].
If you (or your boss) are measured by your company's Return on Invested Capital (ROIC) or a similar metric, then you want to turn assets into cash. Whether the message comes down from the Chief Financial Officer (CFO) or even private equity investors, either way it's pretty much the same thing: free up cash from the business. Inventory optimization is one proven way to do it.
According to Scott Brinker (@chiefmartec), co-founder & CTO of ion interactive, today’s digital path to purchase requires marketers to create … Continued. The post Agile Marketing is Right Approach for Today’s Digital Path to Purchase appeared first on Enterra Solutions.
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
While logistics and manufacturing have grown exponentially, problems have become more complicated. A single malfunction can disrupt entire analytics’ systems, disrupting processes along the way. At the same time, machines-to-machine connectivity through the Internet of Things (IoT platform) is increasing the value of data companies have to analyze. Regardless of where you sit to view the logistics industry, problems are becoming more evident.
by Alexa Cheater How many times have you heard about the perils of having siloed supply chain functions? I know we’ve written about them more than just once or twice on this very blog. And while working inside your own little box definitely isn’t ideal, it’s also not quite the all-consuming, end of the world type evil that is responsible for single handedly bringing down your entire supply chain.
Author’s Note: The following is the forward I wrote for a new textbook published by MercuryGate (a Talking Logistics sponsor) on “ Modern Technology for Transportation Optimization ,” which is available for purchase on Amazon.com. The word “optimization” is ubiquitous in the supply chain and logistics industry. “You have to optimize your [transportation, inventory, manufacturing, or other business process] to maximize your costs savings and benefits,” is what industry analysts, consultants, acad
This logistics services company manages hundreds of millions of supply chain assets for its clients, has hundreds of thousands drop off and pick up points, and make over 10,000 deliveries per day moving through over 100 logistics centers. To manage this complexity in a manner that insures high service levels, a sustainable/green supply chain, and profitability, the company has committed itself to a variety of analytic solutions.
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.
Another year, another list of must-attend supply chain and logistics events. With so many to choose from, how do you decide? Every moment spent away from your desk has to be worth the time and investment. This is why the Quintiq World Tour in Frankfurt should be at the top of your list. Read on to find out more. The agenda. Attended jam-packed supply chain events only to leave with stacks of brochures?
“They help give Coke its distinctive bite and Doritos its cheesy kick,” writes Candice Choi (@candicechoi). “But the artificial and … Continued. The post The Complex World of Flavors appeared first on Enterra Solutions.
Using less-than-truckload for medium-sized shipments is one of the great innovations in shipping. It produces results at a fraction of the cost of full truckload (FT) or small package shipping. However, the needs of the modern shipping industry have reached an optimal point, and the only way to further push the envelope is by using a dedicated transportation management system (TMS).
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