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Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. There is also no Santa Claus. Yes, our parents perpetuated the image of that elderly white-haired gentleman, a symbol of Christmas love. This bunny in the basket is not real. Sorry to break the news.
Being selected for the Gartner Magic Quadrant leader’s quadrant is a pretty big deal. For a software vendor, it’s like winning an Academy Award. So I can say we at ToolsGroup were proud to be recently recognized as a leader in the newly released Magic Quadrant for Supply Chain Planning System of Record (SOR). I thought this would be a good time to reflect on how a supply chain software vendor gets into the leaders quadrant.
Big data, analytics, BI…Everyone in business today has heard these terms at some point, and yet the path to analytics-driven business improvement remains somewhat elusive. We spoke with Keith B. Carter, Actionable Intelligence Expert and Decision Sciences Visiting Senior Fellow at the National University of Singapore Business School and Affiliate Professor Business Analytics Center, to unravel some of the difficulties managers face while embracing an analytics culture and discuss some best
by Kevin McGowan If you read any of the articles about the “vinyl resurgence” in the music industry, it’s easy to understand why record companies, artists, and fans are getting so excited. The pendulum has swung ever so slightly from music fans streaming music on their phones and tablets to buying an actual physical object — a 12” slab of vinyl.
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
Recycling and reuse of scrapped products have become hot-button topics in the modern world. A quick scan of Craigslist shows how entire businesses have been created on the sole purpose of reclaiming raw materials from existing goods. For example, some people are offering to pay up to $10 for old, discarded car batteries. Old computer equipment, such as monitors, printers, and hard drives, can fetch great value when recycled and reused properly.
A rich stream of data has long been available to improve ocean visibility. AIS is an automatic tracking system used on ships. But CargoSmart is doing something new – they are using this near real time data to improve vessel scheduling and shipment tracking.
A rich stream of data has long been available to improve ocean visibility. AIS is an automatic tracking system used on ships. But CargoSmart is doing something new – they are using this near real time data to improve vessel scheduling and shipment tracking.
This week I am busy packing. It is the same feeling that I had as a child getting ready for camp. For the next 18 weeks I will be in the air. I will be speaking and working with clients in wonderful locations in Brussels, China, Germany, London, Mexico, Peru, and South Africa. In the process I needed a visa for China, and I wandered into an old-fashioned photo shop to have my picture taken for the visa application.
Abraham Maslow created his magnum opus “Maslow’s Hierarchy of Needs” by studying the best performing humans and their needs. While reading more about his theory, I realized that best performing supply chain systems also possess certain hierarchical needs. Similarly to a human being’s need of self-actualization, supply chain systems are designed to achieve high service levels while being cognizant of competing pressures such as demand volatility, competition, etc.
Big data, analytics, BI…Everyone in business today has heard these terms at some point, and yet the path to analytics-driven business improvement remains somewhat elusive. We spoke with Keith B. Carter, Actionable Intelligence Expert and Decision Sciences Visiting Senior Fellow at the National University of Singapore Business School and Affiliate Professor Business Analytics Center, to unravel some of the difficulties managers face while embracing an analytics culture and discuss some best
by Alexa Cheater This guest post comes to us from Argentus Supply Chain Recruiting , a boutique recruitment firm specializing in Supply Chain Management. From time to time, Argentus’ recruiters give talks to people entering the field of Supply Chain at venues like APICS, Centennial College, Rotman University, and others. The reason we do this is to do our small part in the immense task of helping ready the next generation of Supply Chain talent to face what experts predict will be a shortage of
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.
Supply chain risk management and resiliency are hot-button topics in the industry. However, minute supply chain entities do not understand how resilience relates to risk management and what it means for improving focus on the supply chain. As the supply chain continues to grow in complexity and regulation, the opportunities for problems and other events to impact operations negatively will consequently grow.
Why is supply chain risk management important? Why should CEOs and CFOs care? Over the past two years, I’ve addressed those questions in various posts (see links below), but you have to look no further than Chipotle’s Q4 2015 financial results for the answers. Compared to Q4 2014: Revenue decreased 6.8% to $997.5 million — the first decline in quarterly revenue since the company went public in 2006!
I’ve made the argument before that the Internet of Things is nothing new. In the logistics space, for example, we’ve been taking RF scans and using that data to improve warehouse processes since at least 1975 when McHugh Freeman, an early warehouse management system supplier, began business. Internet protocols make it easier to communicate that sensor data to applications.
Disruptive innovation is changing the supply chain planning vendor space. Later we will investigate why, but first let’s look at what’s happening, starting with the recently released Gartner Magic Quadrant for Supply Chain Planning System of Record (SOR). In the latest Magic Quadrant there was a fairly major reordering in the vendor landscape. Gartner says the Supply Chain Planning (SCP) market has reached a tipping point after years of relatively slow evolution.
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
As you may have heard, AIMMS was recently featured in Gartner’s Hype Cycle for Supply Chain Planning (SCP). The Hype Cycle is a great resource for Supply Chain and IT leaders. It offers an overview of the enormous breadth of solutions for Supply Chain planning, giving you insight into the many fields where you can leverage technology to boost your company’s performance.
by Bill DuBois A recent post on Logistics Management cites some figures supporting the idea that e-commerce is a runaway train continuing to gather momentum. Based on data for the latest major shopping days, Cyber Monday has eclipsed Black Friday when it comes to sales numbers and what consumers did to meet their holiday shopping needs. This finding continues a clear statistical trend.
This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. These are based on my 40 years working in operations at Schwinn and other companies as well as consulting many companies on how to select the best 3PL for my client's needs.
Much has been said about how omni-channel is transforming the retail industry, but what impact is it having on manufacturers? How is it affecting their supply chain and logistics processes? What impact is it having on their talent and technology requirements? How are leading manufacturers overcoming these challenges? Is omni-channel serving as a catalyst for enhanced collaboration between manufacturers and retailers?
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.
In September 2015 I began the update of ARC Advisory Group’s global supply chain planning (SCP) market study. In a Logistics Viewpoints article published at that time, I discussed some of the major changes in SCP over the previous decade. I am now concluding this SCP market study update. I have spoken with the vast majority of large SCP software suppliers within the market, discussed their companies’ SCP product roadmaps, learned about the evolving requirements […].
Last week offered an overview of how disruptive innovation is changing the supply chain planning vendor landscape. We mentioned that Gartner said that this significant disruption was driven by end users’ changing priorities and needs. Today examine those drivers in more depth across three dimensions: Top 10 SCP Capabilities - Rated by End Users. Top 10 Most Commonly Cited Issues by End Users.
As you may have heard, AIMMS was recently featured in Gartner’s Hype Cycle for Supply Chain Planning (SCP). The Hype Cycle is a great resource for Supply Chain and IT leaders. It offers an overview of the enormous breadth of solutions for Supply Chain planning, giving you insight into the many fields where you can leverage technology to boost your company’s performance.
by Alexa Cheater I recently had the opportunity to hear our CEO John Sicard talk about the challenges supply chain software providers such as Kinaxis face when demonstrating to businesses the value in updating their supply chain management practices. It likely doesn’t come as any big shock to most of you that a lot of times, organizations are resistant to change.
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
This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit. According to the CSCMP's "State of Logistics" Report from 2015, logistics costs now make up over 8% of the GDP.
One of our most popular Talking Logistics episodes of all time is Important Factors to Consider When Evaluating and Selecting a Third-Party Logistics (3PL) Partne r (6,220 views to date), which we summarized in a follow-up post and also included in our first Talking Logistics YOUniversity course, Fundamentals of Selecting and Working with 3PL Partners.
Demand for grass-fed beef has grown at an annual rate of 25-30 percent for the past decade at the same time that per capita beef consumption for traditional beef products continues to decline. A recent study determined that grass-fed beef demand in several major US metropolitan markets is 3 to 6 percent of the total beef market share. There are several drivers for this growth.
Gloomy news about the mining industry is not abating, not even for one minute. The price of iron ore, coal, and copper make the eyes of mine operators and traders alike glaze over. The statistics suggest a prolonged slump ahead. In this grim environment, large and small operators are responding with predictable countermeasures. Mines are shuttered, capital projects postponed, equipment purchases cancelled, workforces severely trimmed, and cash is squirreled away.
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.
When we buy our new shirt, phone or coffee, we rarely think about slavery in the global supply chains of these products. Slavery? In the 21 st century? Isn’t slavery a thing of the past? Well, it might surprise us, but slavery still exists and it exists in almost every global supply chain. It has been estimated that 200,000 child slaves work in Ivory Coast alone, that a large proportion of coltan that is used for the capacitors of our phones is mined by slaves, and that the cotton we need
by Alexa Cheater It seems like these days everyone in the retail space is playing a game of catch up to Amazon. The online retail giant has had an overwhelmingly strong impact on the way in which businesses sell their goods to the end consumer. Practically defining the very concept of omni-channel, they were early adopters of online and mobile sales.
Reverse logistics presents unique challenges and opportunities. To meet these challenges and take advantage of these opportunities, companies need to be both prepared and flexible. Ikea, a company known for innovation , is facing the enigma of reverse logistics head on. As part of the company’s sustainability strategy, Ikea is challenging the perception that its products are disposable by creating opportunities to recycle and reuse products.
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