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COVID-19 has had an enormous impact on companies’ planning processes. “You can’t ignore it,” says Chainalytics’ Juha Martikainen. “The pandemic has taught us that you have to be prepared to deal with uncertainties. You need to adapt quickly to changing circumstances.” Interview via Supply Chain Magazine Based out of Helsinki, Juha Martikainen has been consulting … The post Prepare for Unforeseeable Uncertainties With Supply Chain Planning appeared first on Chainalytics.
Why not present Supply Chain Management (SCM) procedures that can quickly increase resilient SCs, and why some of the prevailing SC processes are not appropriate for tackling such risks demanding responses. Risk, Resiliency, and Supply Chain Modelling must be at the top of any transformation.
Supply chains today can vary from simple to highly complex global networks. The use of several third-party logistics providers often weakens supply chain visibility and can make it difficult to track orders as they move through the system. This approach leaves businesses struggling to gather the needed data to resolve exceptions, implement corrective actions, and.
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 sustainability is a higher priority than ever. In MIT’s State of Supply Chain Sustainability 2021 , 80% of executives surveyed said the pandemic either had no impact on their commitment or increased it. PwC reports that almost half of assets under management are held by investment firms committed to decarbonization. Investor concern about material risks from climate change have created new reporting frameworks, such as those by the Sustainability Accounting Standards Board (SASB) an
Any discussion on supply chain risk management and applying managed transportation to help prevent risks from coming to fruition is incomplete without touching on the pandemic to overcome supply chain disruption. Let’s take a closer look at an examination by Industry Week , “Beyond the immediate impact on PPE Suppliers and Raw Materials for Hand Sanitizers, the pandemic gave a view of the degree to which many manufacturers were vulnerable to suppliers.
Any discussion on supply chain risk management and applying managed transportation to help prevent risks from coming to fruition is incomplete without touching on the pandemic to overcome supply chain disruption. Let’s take a closer look at an examination by Industry Week , “Beyond the immediate impact on PPE Suppliers and Raw Materials for Hand Sanitizers, the pandemic gave a view of the degree to which many manufacturers were vulnerable to suppliers.
Supply chains around the country are in great need of warehouse and transportation workers. Just last month I noted that warehouse labor productivity was hindered extensively by COVID-19 and that 80 percent of ARC’s warehouse survey respondents anticipate an increase of order throughput volumes in 2021. Furthermore, COVID-19 exacerbated the existing shift from retail store purchases to e-commerce transactions, with a 32 percent increase in 2020 US e-commerce sales, according to the US Census Bur
Hello and Welcome to the Week in Review! This is the weekly blog post for a one-look overview of what happened in the DELMIA Communities this past week. But there is a lot more than what is below. Visit the communities to see the exchange of information and ideas between members and DELMIA experts. With eight active communities, you are sure to find at least one to suit your DELMIA interests.
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.
Two of the leading operations & supply chain management journals have recently announced their best paper award winners. First, the Journal of Supply Chain Management ’s Harold E. Fearon Best Paper Award goes to Fabrice Lumineau and Nuno Oliveira, who published an article that is entitled Reinvigorating the Study of Opportunism in Supply Chain Management.
For the US Women’s National Soccer Team, the 2020 Tokyo Olympics were supposed to be another Gold Medal event, as it entered with a 44-match unbeaten streak. That streak came to an end in its first match, a 3-0 loss to Sweden, which happened to be the last team to defeat the US. And while the team still advanced to the knockout stage, its run ended with a hard-fought bronze medal victory over Australia.
In my previous blog , we delved into the paradigm shift in warehouse and distribution center (DC) functions and uncovered key themes and insights from our live Q&A with Reuters Events, Prologis and Henkel held on June 29. Here, we address those themes and how DELMIA’s Warehouse Experience—a virtual experience solution for warehouses and DCs—can accelerate transformation to ultimately establish the Warehouse of the Future. 1.
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
A few weeks before we graduated from Cornell, my friend Paul Osenar approached me after class. “I’m cycling cross country after graduation. Do you want to join me?” My first thought was “That’s insane!” My second thought was “I’m in.” I called my best friend from high school, Peter Aquilone, who I knew would be. Read more Above the Fold: Supply Chain Logistics News (August 6, 2021).
One thing’s for certain, in this otherwise entirely unpredictable world of supply and demand: companies looking to succeed in commerce today can’t do it alone.
Driver dwell is a key source of driver dissatisfaction and contributes to the driver shortage. Earlier this summer, FourKites held a Carrier Visibility Summit. This was an online event. One of the speakers was Abby Weisenberger, a distribution consultant at Kimberly-Clark. What made Ms. Weisenberger’s presentation particularly interesting was that while Ms.
From shifts in consumer demand to new regulations and disruption in market dynamics and supply networks, food and beverage (F&B) industry executives have always had many reasons to stay alert. But lately, a new set of supply chain challenges is making everyone more concerned that their business could fall behind overnight. And the stakes have never been higher.
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.
Note: Today’s post is part of our “Editor’s Pick” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This post from Elemica’s blog discusses how “many ‘unavoidable’ operating costs we’ve all come to accept can be reduced dramatically, or.
Integrated business planning ( IBP ) is gaining a lot of traction as more companies seek to advance their sales and operations planning (S&OP) process. IBP is long-range strategic business planning that combines volumetric and financial data into a single, highly visual, comprehensive planning platform that delivers greater global visibility, more powerful multi-scenario analysis over longer planning horizons, tighter collaborative workflows, and a wider spectrum of alerts.
Tariffs will have a major impact on your supply chain, margins, and operations. Drawing on our work with global companies across manufacturing, automotive, pharmaceuticals, semiconductors, software, technology, financial services, and a range of service industries, we outline the key strategic and tactical actions companies are taking to navigate this period of heightened uncertainty.
A consumer buys two different shirt sizes online and returns the one that doesn’t fit. A retailer returns pallets of unsold merchandise back to the manufacturer. As consumer purchasing habits continue to favor online channels and as B2B ecommerce transactions grow faster, the scale and complexity of product returns have skyrocketed. Some estimates find 30.
By Emily Henry (pictured). Finance Writer. The post How Artificial Intelligence (AI) Can Assist Accountancy Teams With Invoicing & Processes appeared first on IT Supply Chain.
Fashion label Marc O’Polo sought to eliminate manual data management and lay the groundwork for an omnichannel retailing strategy, in support of both stores and online sales.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Putting a Shine on Supply Chain’s Image! Supply Chain has historically been considered a back office function, necessary but lacking in prestige and strategic value. The Coronavirus pandemic created a dramatic and highly visible disruption in that paradigm. Suddenly Supply Chain and its importance was on the minds of political and business leaders, and the common person, everywhere around the world.
Over the last two years, there’s been a 76 percent increase in AI adoption across sales organizations. The reason for its rise? AI increases teams’ productivity by predicting and automating actions that require manual effort. In other words, the research that takes reps hours, AI can do in seconds. For sales teams, AI opens up a world of new possibilities, including automating outreach, identifying best-fit buyers, and keeping CRMs flush with fresh data.
Agility: the ability to move quickly and easily. When you think of what it means to be agile, you might think of an Olympian athlete competing for the gold. But in the ecommerce supply chain context, agility relates to how quickly an ecommerce business can adjust to ever-changing expectations in speed and delivery. An agile supply chain must also be able to react quickly to changes, delays, and unexpected events to maintain customer expectations, stay competitive, and grow their business.
By Justin Vaughan-Brown (pictured). VP Product Marketing, Deep Instinct. The post Expert comment on Lazio’s possible supply chain attack on vaccine portal appeared first on IT Supply Chain.
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