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What is Digital Transformation? A digital transformation requires that companies transform their decision-making processes with technology to enhance customer experience and employee productivity and ultimately improve business performance. Technologies such as artificial intelligence, machine learning, Internet of Things, and virtual reality can aid in this transformation.
As shippers continue to face challenges like the truck driver shortage, capacity crunches, and rising freight costs, digital freight matching helps to fill the gap between the nation’s independent carriers and the companies that rely on them.
What skills and attributes will be the most important for supply chain young professionals to succeed moving forward? We asked members of our Indago research community that question back in April. Our community was relatively small at the time (18 supply chain and logistics executives), but they are all high-level leaders (more than a third. The post The Most Important Skills for Supply Chain Young Professionals appeared first on Talking Logistics with Adrian Gonzalez.
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
Supply chain management is a multi-faceted process with many stakeholders and even more moving parts. New technology aims to make the supply chain more efficient, yet investing in the wrong technology further complicates productivity while hindering profitability. Effective supply chain management offers numerous benefits for companies, so overcoming challenges to keep things running smoothly is a top priority for supply chain professionals.
The agribusiness supply chain is highly complex. It’s not limited to managing crops and livestock, but encompasses all equipment, services, and product processing as well as commercialization. Besides the regular challenges expected of such an intricate operation, there are social and environmental concerns, stringent regulations, a labor shortage and rising competition.
The agribusiness supply chain is highly complex. It’s not limited to managing crops and livestock, but encompasses all equipment, services, and product processing as well as commercialization. Besides the regular challenges expected of such an intricate operation, there are social and environmental concerns, stringent regulations, a labor shortage and rising competition.
I watch the news channels on mute. The reason? I hate political pundit debates. When the nonsensical banter reaches a crescendo, I shake my head and ask myself the question of “Why?” I wonder why people are listening. Fondly I remember the days of Walter Cronkite and Dan Rather with eye-witness accounts and on-the-ground reporting. Phenomenal photography brought the stories to life.
Retailers face some tough dilemnas. Growing SKU counts drive worse on-shelf availability. Growing reliance on direct store delivery holds fulfillment costs down, but DSD suppliers goals are not fully aligned with retailers. One thing is clear, retailers need better visibility to stock outs at the shelf level. The post Shelf Level Visibility is Critical to Retail Supply Chain Excellence appeared first on Logistics Viewpoints.
Nowadays everyone’s writing and speaking about supply chain complexity , but not many are talking about how to turn around all that complexity and variability for business advantage. That’s exactly what Franke, a world leading provider of solutions and equipment for residential kitchens and bathrooms, was able to do. . According to Inbound Logistics , there are three main sources of supply chain complexity: meeting the needs of customers, globalization, and internal pressures.
Using technology in the warehouse is one of the most effective ways to improve inventory management and reduce returns. Since returns represent a significant cost to companies, it is imperative for retailers to take steps to improve inventory management and manage returns. Gaining control over returns is easier when systems are in place to automate.read More.
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We say that quality is important in supply chain management, but do we focus on it with the same level of urgency, sophistication, and importance as other facets of SCM? Likewise, we stress the importance of obtaining end-to-end supply chain visibility, but what about end-to-end supply chain quality? What does that entail, and how do. The post Supply Chain Quality: Time for a New Perspective appeared first on Talking Logistics with Adrian Gonzalez.
We are flattered to be recognized by Gartner in the 2019 Magic Quadrant for Sales and Operations Planning Systems of Differentiation , especially considerin g that we only launched our configurable S&OP application two years ago. While I’d be first to concede that there are some incredible S&OP tools out there (I particularly admire Kinaxis and OM Partners), it’s incredible that we can play on the same pitch with these large COTS vendors so quickly.
It’s my opinion that most look back on their career and realize they never could have predicted where they would end up. For instance, my best subject areas in high school were instrumental music, math and science. When it came time to determine what I should study in college I chose engineering even though I had a full tuition scholarship to pursue a degree in jazz performance.
Satellite imagery data represents another data set that may have the potential to improve company’s supply chains. There are potential uses surrounding procurement, sustainability, and strategic planning. The post Using Satellite Imagery as a Data Source to Improve Supply Chain Management appeared first on Logistics Viewpoints.
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by Christina Christensen The creative contention over enterprise resource planning (ERP) vs. best of breed (BoB) has become age-old; however, key considerations weighting the equation have changed with the rise of the cloud, better integration tools, and more focus on the impact network solutions have on business transformation and end user satisfaction.
Inventory management mistakes constitute a significant cost contributor in today’s supply chains. According to Rod Daugherty of Manufacturing.net, the costliest problem is due in large part to poor inventory visibility and planning. More than 60 percent of wholesalers routinely keep more than one month of inventory on-hand, and since 77 percent of businesses lose sales.read More.
That was fast, wasn’t it? We’re at the halfway mark of 2019. The U.S. and China are still in a tariff war, but the domestic transportation market is more favorable for shippers today (more capacity, lower rates) than during the first half of 2018. Mergers and acquisitions continue in the industry, both in the technology. The post Top Talking Logistics Posts & Episodes (Q2 2019) appeared first on Talking Logistics with Adrian Gonzalez.
Sales and Operations Planning and demand forecasting are two sides of the same coin. For many, a well-executed S&OP process should start with a demand forecast on one end and supply and resource plans to meet that forecast on the other. But in today’s VUCA world, the future is getting harder and harder to predict. Demand forecasts are only becoming less accurate.
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.
Many analysts believe the future of retail rests on the shoulders of omnichannel operations powered by artificial intelligence (AI). James D’Arezzo, CEO of Condusiv Technologies, writes, “Any retailer that wants to be competitive knows it must offer a seamless omnichannel experience to its customers.”[1] At the same time, writes SAS’ Rodney Weidemann, “The impact of emerging technologies such as artificial intelligence, machine learning and cognitive computing — the
Trade and specialization at the individual, corporate, and regional level are catalysts behind the growth and increasingly important role of supply chain in today’s global economies. To capture the benefits from trade, organizations need superior logistical capabilities and more sophisticated coordination of activities to receive final goods at one’s location of choice.
[00:52] Please introduce yourself. I am VP of Sales at Tactical Logistic Solutions. Tactical has locations in New Jersey and California, and I’m based in New Jersey. Tactical is an end-to-end provider of supply chain logistics. We go from our client’s overseas manufacturing location via air, sea, and land to their warehouse, our warehouse, or to Amazon’s warehouse. [01:36] Tell us a little bit about your background.
Key performance indicators (KPIs) refer to the targeted goals that rely on metrics to provide a snapshot of the health of your operation. They connect data and metrics with an evaluation of whether your operation performs as expected and what strengths or weaknesses may exist. Supply chain leaders need to know which KPIs of a.read More. The post What Are the KPIs of a Transportation Management System appeared first on Transportation Management Company | Cerasis.
Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski
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The impact of e-commerce on the retail grocery industry and perishables supply chains has created a phenomenon called Micro Supply Chains. It’s driving rapid change across the industry, which has presented challenges for all stakeholders, but also new opportunities to differentiate and capture market share. What are some of these challenges and opportunities?
The agribusiness supply chain is highly complex. It’s not limited to managing crops and livestock, but encompasses all equipment, services, and product processing as well as commercialization. Besides the regular challenges expected of such an intricate operation, there are social and environmental concerns, stringent regulations, a labor shortage and rising competition.
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The transportation industry relies heavily on diesel to help it successfully transport products from manufacturers to consumers via trucks worldwide. Technology has been instrumental in reducing the number of empty miles driven, and finding an alternative fuel source is the next step for eco-conscious companies. As concerns about the longevity of fossil fuels grow, the […].
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Which risks do you believe supply chain professionals need to plan for more effectively moving forward? We asked members of our Indago research community that question back in May. Twenty high-level leaders from a diverse set of companies and industries responded to the survey (45% Director-level and above, 60% from $1B+ companies in Food & Read more Plan Effectively For These Supply Chain Risks.
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