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Are industrial manufacturers seizing all the opportunities of a more digital world? Possibly not. A recent article suggests that, by 2018, only 30 percent of manufacturers investing in digital transformation will be able to maximize the outcome. The remaining 70 percent are hindered by outdated business models and technology. This is concerning. The speed of business is fast and companies that aren’t successful in adopting, implementing, and optimizing new technologies run the risk of being left
by Alexa Cheater From designing, sourcing and manufacturing, to distribution and consumption, your supply chain is at the heart of your customer satisfaction levels. It has become a competitive weapon that could help you win the consumerism war. But the sheer complexity of supply chain networks, and the impact design decisions have on operational performance, makes supply chain inventory management aligning inventory investments with on-time customer delivery and margins a major challenge.
Behind the $5 billion dollars in logistics technology investments. By Eytan Buchman, Head of Marketing, Freightos. Today Freightos announced a $25 million dollar funding round , led by GE Ventures. In the five years since Freightos launched, logistics and technology have increasingly converged. At JOC ’s TPM in Long Beach last month, no less than fifteen sessions featured technology, digitalization, and freight future-proofing.
Uncertainties swirling around the global markets necessitate going beyond spreadsheets into the realm of advanced scenario modeling. This will help answer the ‘what if’ questions spanning topics as diverse as blanket import tax, export block of crucial materials or natural resources, or even the standoffish stance of a country blocking major navigational channels or flying corridors.
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
“There is a certain limit to what you can optimize just within the four walls of your company,” said Artur Zgoda, Director of Supply Chain IT Solutions at AXIT- A Siemens Company , in a recent episode of Talking Logistics. “The next big opportunity for benefits is to go beyond your four walls and integrate and collaborate with your suppliers, customers, and other trading partners to enable joint supply chain processes.”.
Supply chain risk management is a complicated subject because the number of things potentially affecting operations is almost limitless. As … Continued. The post Supply Chain Risk Management in the 21st Century appeared first on Enterra Solutions.
Supply chain risk management is a complicated subject because the number of things potentially affecting operations is almost limitless. As … Continued. The post Supply Chain Risk Management in the 21st Century appeared first on Enterra Solutions.
Third-party logistics providers are evolving in the wake of changing politics, increased public scrutiny and demand for more value-based, not asset-based, services. At the close of 2016, the 21 st Annual Third-Party Logistics Study found the overall use of third-party logistics providers ( 3PLs ) is increasing, but the types of logistics services utilized indicate the industry is entering a shift in how it operates.
by Iman Niroomand Supply chain performance depends on the matching of product features with supply chain features. When a new product hits the market, the existing supply chain that is optimal for a given set of product lines will not stay optimal. Thus, a new product introduction will require a supply chain logistic network redesign. A new product introduction leads to a potential risk of reduced service performance due to ‘discontinuity’.
Freightos Raises $25 Million Round, led by GE Ventures, to Expand Marketplace. Press Release. Round extension led by GE Ventures, after 600% order growth in six months following the Freightos Marketplace launch and adoption of Freightos software by 1,000 freight forwarders. (March 29, 2017) – Freightos ®, the logistics technology company bringing freight online, today announced the completion of a $25 million Series B extension round, led by GE Ventures , with participation by additional investo
In It’s the era of Industry 4.0. Are you on board? — I shared strategies to digitalize the planning office with advanced planning technology to keep abreast with in an industry that is increasingly replacing the human workforce with robotics to gain better efficiency, increase cost-savings and build higher agility. With hundreds of projects aimed at facilitating disruptions behind us, Quintiq’s experiences with clients could be distilled into the following salient points. 1.
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.
Thanks to advancements in technology including cloud computing, internet of things (IoT), drones, and mobile, yard visibility and management are now reaching new heights as the picture of the “Digital Yard” comes into very clear focus. No longer relegated to using clipboards, spreadsheets, and manual systems to manage their yard assets, companies are asking themselves questions like: How can we better leverage today’s advanced technologies to run our yards even more efficiently?
by Sean Crossey The global food supply chain brings us exotic fresh foods from around the world. But the challenges. The post The Five Ts of the Global Food Supply Chain appeared first on The Network Effect.
When you’re looking for ways to benefit your company’s supply chain, you probably look for ways to reduce time or costs in various departments. In most cases, this comes down to the way you might ship, store or produce the products you sell. But what about the way you package those products? Product packaging isn’t typically something you think about in supply chain and logistics, but it actually plays a major role in shipping and producing your products.
by Alexa Cheater Working in supply chain means getting comfortable with change – changes in supply, changes in demand, changes in capacity, etc. The list is virtually endless. But supply change management isn’t just about dealing with unanticipated supply chain risks and adjustments. Sometimes, it means changing your business processes and company culture to stay afloat in a complex, digitized world.
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
The Internet of Things (IoT) is a network of networks that primarily facilitates machine to machine communication. “Imagine a world … Continued. The post The Internet of Things and Cognitive Computing will Mature Together appeared first on Enterra Solutions.
Ever been involved with launching a new manufacturing or distribution company? Or have you ever joined a small but growing company in one of these industry sectors? If so, you know what it’s like to work under pressure to contain costs. Smaller companies often see major business software platforms as overhead. So when they’re first starting out, they’ll ask their employees to make do with the basic applications that are already installed on their hard drives.
In a study conducted by Accenture in 2015 of chemical companies, results showed that 94 percent expect to boost their investment in digital capabilities in the next three years to embrace a competitive advantage. Adding digital functionality will increase customer satisfaction, streamline operations and improve efficiencies. Businesses are demanding the features found in most business-to-consumer (B2C) technologies, which allows them to easily search for products, compare features, shop for barg
Today’s guest post comes from Brian Jacobs and Vinod Singhal, who present the results of their recent research on social issues in global textile supply chains. Rana Plaza, an eight-story building in Bangladesh that housed garment factories employing approximately 5000 workers, collapsed on April 24, 2013. The resulting fatalities (over 1100) and injuries (over 2400) made it one of the worst industrial accidents in history.
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.
Logistics professionals require exemplary international online logistics tools to help them carry out their daily businesses with ease and deliver the best for their customers. For any developing business, adopting the widely used and affordable technologies is more economical. Mobile phones can offer incredible services in any business from inventory tracking and shipments to the execution of procurement transactions.
by Melissa Clow Recently Matt Davis of Gartner (formerly SCM World) published Concurrency: Embracing the death of S&OP, SCOR and Other Supply Chain Paradigms as a result of three years of Future of Supply Chain research. In this new research paper, SCM World describes the death of S&OP as we know it. Proving to be both a disruption and a massive opportunity, digitisation, value chain collaboration and a greater need for real-time decision-making are coming together as a disruptive cataly
Supply chain control towers fulfill a real need. But there are many variations. Which is best? Why? Why the interest. The post The Rise of Supply Chain Control Towers appeared first on The Network Effect.
Friday in 5 – interesting news bits from around the supply chain horn, served up in one spot to keep you up to date. This week: Amazon is taking over the retail industry, digital shopping habits are hurting brick-and-mortar stores, Walmart may have created the endless shopping aisle, virtual robots will be the next wave of technology to permeate the fashion and retail markets, and the relationship between shippers and logistics service providers (LSPs) continues to improve.
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
How should we (re)organize ourselves to best harvest the value of ‘network effects’ to measurably boost the quality, opportunity, and ‘user experiences’ of our offerings? That was one of three key questions that Michael Schrage presented in a research paper titled “ Rethinking Networks: Exploring Strategies for Making Users More Valuable ,” published last year by MIT Sloan School’s Initiative on the Digital Economy.
The Case Centre has recently selected the winners of their 2017 Awards and Competitions. This year’s winning case in the Production and Operations Management category is closely related to supply chain management: Zara: The World’s Largest Fashion Retailer , written by Kasra Ferdows, Jose A.D. Machuca & Michael Lewis. This case is an updated version of the 15th in the ranking of top 40 overall best selling Zara case.
Launching your business in the freight broker and logistics fields can be an exciting journey. Yet there is so to learn about it - and learn it fast, so that you can be a competitive member of the transportation community. One of the best ways to get the knowledge you need to excel is to turn for freight broker tips in online groups. These are places on social media and other websites where professionals share their know-how, experience and discuss topics of high interest to the logistics commun
by Alexa Cheater Scenario simulation is nothing new in supply chain. Practitioners have long heralded it as a sign of a mature sales and operations planning (S&OP) process. And it is. Having the ability to model and simulate the impacts of a change in your supply chain — whether it’s a sudden increase in demand, the loss of a key supplier or an unexpected capacity constraint — is a critical success factor.
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.
Supply chain control towers have been around for a while now, but in recent years they have progressed rapidly, making. The post Inside Control Tower 4.0: Achieving Disruptive Results with Autonomous Control Towers appeared first on The Network Effect.
I am constantly amazed that an automotive manufacturer will design and market vehicles with top-end speeds of 180+ MPH and 0-60 speeds in the sub 4 second range. Don’t get me wrong, I own three vehicles with 5.7L Hemi engines so I love powerful vehicles. However, considering the top legal speed in most of the United States is 70 or 75 MPH and most stop and go driving takes place where speed limits are less than 45 MPH, a driver rarely gets the opportunity to experience a vehicle’s tr
Our hearts and prayers go out to the people of London following this week’s terrorist attack. So sad, so senseless. May the days ahead be filled with peace and healing, for all the injured and mourning, and for all of us. Moving on to this week’s supply chain and logistics news… Walmart Secures Patent for Drones to Carry Products Inside Stores (Digital Trends). eBay to Roll Out Guaranteed Delivery for 20 Million Items.
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