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This year’s Nobel Memorial Prize in Economic Sciences was awarded to Daron Acemoğlu, Simon Johnson and James A. Robinson for their research on how political institutions affect long-term economic prosperity. Their work shows how colonial-era institutions continue to influence whether countries develop inclusive systems that foster growth or extractive systems that benefit elites and perpetuate inequality.
With more and more triple extortion scams on the rise, organizations need to use a layered defense model to get ahead of cybersecurity risks. In a keynote session at LogiCon24 , one of the speakers, Rachel Wilson, spoke in detail on tactics to supply chain cybersecurity risk mitigation. Here are 10 tips for avoiding and managing cyber-attacks. Patch & Update Devices: Software manufacturers are constantly discovering new flaws, bugs, and weaknesses in their code.
By John Spear (pictured) Director at Epi Consulting The post How to Motivate Suppliers Across the Value Chain? Engage, Engage, Engage appeared first on IT Supply Chain.
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
Our discipline is often dominated by propositional theorizing, which understands theories in terms of cause-and-effect relationships. In a previous post, I discussed how pluralism in theorizing styles ( propositional , perspectival , and provocative theorizing ) can enrich SCM research. A recent article by Julia Grimm, Ann Langley, and Juliane Reinecke ( Process Research Methods for Studying Supply Chains and Their Management ) introduces process theorizing as an additional option.
While many recognize the need to upskill and reskill supply chain planners, most aren't placing enough emphasis on building planners’ confidence and giving them the space to innovate.
While many recognize the need to upskill and reskill supply chain planners, most aren't placing enough emphasis on building planners’ confidence and giving them the space to innovate.
In a July 2024 survey of our Indago supply chain research community and Alpega customers, almost three quarters of the respondents (72%) said that integrating a large “open network” of vetted and trusted carriers with a transportation management system (TMS) would be either “Extremely Beneficial” or “Very Beneficial.” That’s not surprising given that the transportation.
What do you often think about business growth? What is the heck behind lean productivity, profitability, and good relations with suppliers and customers? This is how Cost and value are distributed throughout the Supply Chain. Business Growth, Profitability, and internal and external customer relationships solely depend on Cost. Even so, the game-changer in the fast-paced business world is how well you manage the Cash Conversion Cycle throughout the Supply Chain.
Supply Chain & Logistics News Round-Up (October 7th – 11th) This past week, I’ve been playing tourist in London, one of my favorite cities in Europe. I visited the British Museum and paid extra to see their “Silk Road” exhibit. The exhibit featured dozens of items, articles of clothing, and mementos dating back to the era of the Silk Road.
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.
Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. More Resources Home FreighTech24: Highlights and Themes Judah Levine October 16, 2024 Dive deeper into freight data that matters Learn More Freightos was delighted to host its seventh annual FreighTech conference recently, bringing together leaders in freight technology and digitalization across carriers, forwarders, BCOs and tech providers once again to discuss progress
The winds of change transform industries. Does a digital transformation add value? Who knows? There is no standard definition. In the supply chain management industry, words swirl but lack definition. There are many claims but no clear definition. Will we transform and improve supply chain planning systems based on AI? Again, who knows? In the sea of hype, there are few definitions but a lot of hand-waving.
Historically, there has been a disconnect between Supply Chain Planning and Supply Chain Execution processes and applications. As a result, companies tend to plan, optimize, and execute their inventory, labor, transportation, and warehousing operations separately (that is, in a siloed manner). Is that the case at your company? What are the main problems caused by.
Josh Beatty and Joe Lynch discuss the RocketFuel story. Josh is the Co-Founder of Launch Fulfillment, LaunchPath Logistics, and RocketFuel Parcel Recharge. As Josh and his partner scaled Launch Fulfillment , they encountered some cash flow issues inherent in high volume parcel shipping that their ecommerce customers required. They recognized that many other 3PLs would have the same problem, so they created RocketFuel , a recharge metering system that ensures upfront payments for every shipment
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
With more and more triple extortion scams on the rise, organizations need to use a layered defense model to get ahead of cyber security risks. In a keynote session at LogiCon24 , one of the speakers, Rachel Wilson, spoke in detail on tactics to supply chain cyber security risk mitigation. Here are 10 tips for avoiding and managing cyber-attacks. Patch & Update Devices: Software manufacturers are constantly discovering new flaws, bugs, and weaknesses in their code.
Autonomous delivery vehicles (ADVs) are bringing significant changes to last-mile logistics, an essential component of the supply chain. With the rising demand for faster and more cost-effective deliveries, ADVs are becoming a viable solution to a variety of logistical challenges. For professionals in logistics and supply chain management, understanding the implications of this technology is crucial, as it has the potential to fundamentally change the way goods are transported and delivered.
Are you making the fatal mistake of underestimating the importance of inventory rebalancing? Many retailers treat inventory management as a mundane task rather than a strategic lever for success. This oversight can lead to hidden costs that not only erode your profits but also jeopardize your customer loyalty. It’s time to challenge your existing beliefs about inventory management and recognize how ineffective rebalancing can significantly impact your bottom line.
One of the positive effects of hyper-globalization was the rise of a global middle class. Millions of people were raised out of poverty as they found a place within the global economy. During hyper-globalization, there were winners and losers; and, the losers finally began fighting back. As a result, many economists insist the era of hyper-globalization has ended.
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.
I’m back from almost 4 weeks on the road. That is 3 weeks and 4 days longer than the U.S. East Coast Ports strike lasted (although, as I highlight below, the strike has only been paused until January 2025). Where have I been? I was in Phoenix, Arizona for The Logistics & Supply Chain Forum. Read more The post Above the Fold: Supply Chain Logistics News (October 11, 2024) appeared first on Talking Logistics with Adrian Gonzalez.
Kara Brown and Joe Lynch discuss the revenue engine. Kara is the Founder and CRO of LeadCoverage , the premier B2B marketing and PR firm dedicated to helping logistics companies increase lead generation through targeted marketing strategies and media coverage. About Kara Brown A prominent thought leader in B2B go-to-market strategy, Kara Smith Brown is CEO of LeadCoverage, the pioneering consultancy transforming approaches to PR, demand generation and marketing across the supply chain, heavy in
Last week, a team from Blue Yonder attended the 2024 Gartner ® Supply Chain Planning Summit in London. The theme of this year’s conference was “Generating Value Together: Beyond Accuracy, Toward Intelligence.” In our opinion, while forecast accuracy used to be the number one priority for supply chain planners, the event put forward the importance of intelligent decision-making to balance multiple objectives when planning — such as margins, cash and growth — to drive real value from operations.
Harvard Business Review recently published an article, “ To Build Resilience, CEOs Need to Become Supply-Chain Experts ”. They noted the fact that companies whose leaders had supply chain experience took a more proactive approach to addressing potential supply-chain challenges, and in leveraging the supply-chain function to generate new business opportunities.
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
In the competitive industrial landscape, efficient spare parts inventory management is crucial to maintaining seamless operations and driving profitability. Spare parts supply chains, however, come with their own set of complexities, requiring targeted strategies and specialized tools to meet these unique demands effectively. Service level plays a pivotal role in the aftermarket industry, directly impacting customer satisfaction and loyalty.
The global supply chain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. As businesses strive to enhance efficiency, resilience, and sustainability, the demand for skilled supply chain professionals has never been higher.
Note: Today’s post is part of our “Editor’s Pick” series where we highlight posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This recent post by Phani Reddy from e2open’s blog highlights the EU’s Carbon Border Adjustment Mechanism — what it is, how it will.
Introduction: What Is Detention Pay? Let’s be real – no one likes waiting, especially when it costs money. In trucking, waiting can cost a lot. “ Detention pay ” is what drivers get when they’re stuck at a warehouse or loading dock longer than planned. It compensates drivers for their time if they can’t start driving because they’re kept waiting too long.
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.
Returns already have a significant impact on retailers’ bottom line. National Retail Federation (NRF) data reveals that for every $1 billion in sales, retailers incur an average of $145 million in merchandise returns. To make matters worse, returns fraud is also on the rise. Last year, 13.7% of retail returns were fraudulent, up from 10.4% in 2022, costing retailers $101.91 billion in 2023 alone.
India’s growth story can continue if it streamlines and effectively manages its supply chain like the iconic dairy brand Amul that recently entered the US market. Amul formed a strategic partnership with the Michigan Milk Producers Association (MMPA) to facilitate its US product launch. MMPA is responsible for the collection and processing of milk, while the Gujarat Cooperative Milk Marketing Federation (GCMMF), which operates Amul, oversees marketing and branding initiatives.
At ToolsGroup, we provide cutting-edge AI and machine learning solutions to enhance supply chain resiliency and efficiency. In this article, I’ll discuss a case study which involved our customer Belcorp, a Latin American direct-sales beauty corporation. This article will examine the challenges Belcorp faced with managing its extensive product range and complex supply chain and how our solution set, which includes Service Optimizer 99+ (SO99+), Demand Planning, and the Multi-Echelon Inventory Opt
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