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I am writing this post from a hotel room in Chicago. My feet are swollen, and my luggage overflows with dirty laundry. I have not been home since the end of August. This week, I spoke at a University of Wisconsin event on responsiveness and ASCM on the future of supply chain planning. This speaking tour ends the first week of October. Fall is conference season, and this year, with pent-up post-pandemic energy to return to events, I hit the trail to share insights on the value of outside-in suppl
It is widely accepted that digitization is the key to transforming all areas of the logistics industry. However, we are just at the beginning of a long journey. Recent Black Swan events have exposed vulnerabilities within some of the world’s best-run supply chains. With effective planning becoming impossible, the need for real-time visibility has become.
Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. AI technology is continually revolutionizing how equipment and humans operate on the manufacturing shop floor as well as improving the behind-the-scenes supply chain planning operations.
Since the earliest days of the Digital Age, business consultants have been encouraging client companies to transform into digital enterprises. Tech journalist Zach Cooper insists, “Whatever a company’s vision for the future, it must include digital transformation in order to grow.”[1] The fact that pundits are still encouraging companies to undergo digital transformation is a bit surprising considering the fact that the Digital Age can be traced back to the 1980s.
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
NTT Data and Penske Transportation Solutions present the 2023 27th Annual Third-Party Logistics Study. It’s a snapshot of a global market preparing for the future through the continual advancement of its core mission. How is the 3PL market right now? With supply chain volatility continuing over the course of the past year, shippers and 3PLs … The post Shippers and 3PLs Take Supply Chains Forward by Going Back to Basics appeared first on Chainalytics.
NTT Data and Penske Transportation Solutions present the 2023 27th Annual Third-Party Logistics Study. It’s a snapshot of a global market preparing for the future through the continual advancement of its core mission. How is the 3PL market right now? With supply chain volatility continuing over the course of the past year, shippers and 3PLs … The post Shippers and 3PLs Take Supply Chains Forward by Going Back to Basics appeared first on Chainalytics.
In a previous article, I discussed why I believe the Inflation Reduction Act of 2022 will spark decades of innovation in the area of climate change.[1] In that article, I cited journalists Coral Davenport ( @CoralMDavenport ) and Lisa Friedman ( @LFFriedman ) who reminded us that the dangers of climate change were first brought to light during a Republican administration.
Logistics and distribution are part of a larger industry, also known as the supply chain, that has increased tremendously in the last few decades. These two terms are often misconstrued to denote the same thing. However, each has a distinct meaning and role in the transportation industry. Here are some fascinating things that you most […]. The post Seven Things You Most Likely Didn’t Know About Logistics and Distribution appeared first on 3GTMS.
Thirty-one months of supply chain disruption. Currently, companies struggle with rolling electric outages in China. Water levels falling in the Rhine, the Loire, and the Colorado River. The winter offers no relief. COVID is far from over and food instability, coupled with drought, is driving migration from Sudan to Europe. The Russian invasion of Ukraine stretches into a much longer war resulting in serious disruptions to the food, automotive, and semi-conductor supply chains.
One of the big debates during the pandemic was whether new consumer shopping behaviors would be permanent or whether consumers would revert to old shopping behaviors once they felt safe to venture back into public. McKinsey & Company analysts conclude, “For most US consumers, the answer seems to be ‘both.’ Two years into the pandemic, people across the country have discovered that they like shopping online, but they’re also going back to brick-and-mortar stores.
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.
Cloud computing has spurred a revolution in private and business applications over the past decade. Today, data and software programs can be saved or run in any data processing center in the world. Everything is operated via the internet, completely independent of the location or device. Cloud computing has made installation, administration, and updates significantly easier and has thereby laid the foundation for Software as a Service (SaaS).
In part 2 this blog series, I will conclude with advantages that can be expected within the world of supply chain planning software through the lens of Dassault Systèmes DELMIA. Advantages of supply chain planning. DELMIA is uniquely positioned to provide an integrated software platform to address so much more than Integrated Business Planning (IBP).
The Infrastructure Investment and Jobs Act that was signed into law in the US last year includes funding for setting up an apprenticeship pilot program for commercial driver’s license holders under the age of 21 to operate in interstate commerce. Last December, we asked members of our Indago supply chain research community — who are. Read more Lowering the Minimum Age of Interstate Truck Drivers to 18.
Brittany Traylor and Joe Lynch discuss the TraylorTranspo story. Brittany is the CEO of TraylorTranspo LLC , an asset light brokerage that specializes in power-only moves, which typically means the carrier provides the tractor and the shipper provides the trailer. About Brittany Traylor. Brittany Traylor is the Founder and CEO of TraylorTranspo, an asset-based freight brokerage that streamlines the logistics function and delivers a superior customer experience using consumer-grade freight tech (
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 Green Corridor: Full Circle – The Promise and Struggles of the Circular Economy and Green Supply Chains. by Timothy Foote , Founder of Susymbio. Getting the right product to the right place at the right time in the right way! This is my mantra for building green supply chains. Whether the “product” is raw materials to your factory or it is finished “product” to your end customer – this phrase would sum up the purpose and mission of a logistician in our current millennium.
Supply chain leaders are in the middle of implementing digital transformation programs. For many organizations, digital transformation is untethered hype. There is a veiled promise for improvement. Here I ask, “Whether we can change course to drive more value in supply chain management?” “ Vieled: not openly or directly revealed or expressed. “ Free Dictionary.
Supply chain disruptions have brought about an age of innovation. From a transportation standpoint, this has included major technological advancements. Last week, I gave the keynote presentation at the Dangerous Goods Symposium , sponsored by LabelMaster and the DG Exchange. In my presentation, I highlighted five key transportation trends that are changing supply chains from a technology standpoint.
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.
Improving inventory position can help retailers secure consumer loyalty and capture impulse spending. BOSTON (September 29, 2022) ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, in collaboration with IHL Group , a global research and advisory firm for the retail and hospitality industries, today released a study on the role of inventory in consumer loyalty and what retailers can do to win and keep customers.
Nathan Strang and Joe Lynch discuss the challenging shipping environment and why shippers need an ocean freight survival guide. Nathan is the Director of Ocean Trade Lane Management at Flexport , the operating system for global trade. About Nathan Strang. Nathan Strang is the Director of Ocean Trade Lane Management at Flexport where he actively fights global logistics chaos.
Logistics tech in 2022 has been unavoidably shaped by the two years that preceded it. The low rates that triggered Hanjin’s bankruptcy in 2017 quickly became a thing of the past, as surging demand, congestion, and a litany of global shipping catastrophes pushed ocean freight rates into the stratosphere. Uncertainty became the byword. Freight professionals – whether at freight forwarders, BCOs or carriers – were left wondering what tomorrow would bring.
Definition: “Someone’s efforts, resolve, or viability are tested; things are meaningfully challenging. “ Wikipedia. The supply chain team’s past thirty-two months of disruption were a long, winding road full of surprises. Navigating through the turmoil is unprecedented: there are no easy reference models to guide behavior. As a result, companies are writing new case studies through their actions or inaction.
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
Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article comes from Ben Smeland, Senior Software Engineer, at Lucas Systems, and looks at gamification in the warehouse. While labor woes are spurring many organizations to accelerate their efforts in exploring automation and technology, one rather interesting, and somewhat outside the norm area of technology that shows potentia
Rail transportation is a crucial element of the global supply chain. As the most sustainable method of land-based freight, rail freight companies are at the forefront of the transition to more sustainable supply chains. But the complexity of planning for large rail freight operations can make it challenging for rail freight companies to achieve their targets for multiple conflicting KPIs.
BOSTON (September 23, 2022) ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been named a Leader in the IDC MarketScape: Worldwide Inventory Optimization 2022 Vendor Assessment. . ToolsGroup was also named a Major Player in the IDC MarketScape: Worldwide Supply Chain Demand Planning 2022 Vendor Assessment.
Rick Tellez and Joe Lynch discuss the KlearNow story. Rick is the Co-founder of KlearNow , a tech firm dedicated to simplifying global customs clearance and drayage functions. About Rick Tellez. Rick Tellez is the Co-founder of KlearNow, a technology start-up positioned as the go-to digital supply chain solution for businesses that trade across borders.
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.
Green Supply Chain – Moving the Sustainable Needle. Feature Article by John Lash – Vice President Product Marketing at E2open. There has never been as much awareness and urgency, locally and globally, to drive sustainability. Climate change is now recognised as an existential crisis that is starting to affect everyone and it will only get worse unless people, business and governments truly work together to make positive change.
The global cold chain logistics market is likely projected to grow at a 17.9% compound annual growth rate through 2026. Cold chains are an integral part of the global supply chain and logistics networks. Everything from produce to medicines and now even the COVID-19 vaccines need cold chains to be ferried. But while every industry needs efficient cold chains, there is also a lot of pressure that these systems function optimally, keeping in mind business goals.
“May you live in interesting times,” widely attributed as a Chinese curse, some claim this as a blessing; whichever side you take, this is exactly what’s happening in the supply chain world since 2020, and it looks like we will be living with this blessing/curse for a while longer. Our lives became more interesting with the onset pandemic, followed by labor shortages, the Russian invasion of Ukraine, rising oil prices, and the oncoming recession.
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