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Prior to the pandemic, supply chains were already growing in complexity due to increased globalization, data sources, and customer demands. Disruptions from COVID-19 accelerated these challenges, requiring supply chains to be more agile and resilient than ever—something that isn’t possible if don’t have the right technology and talent in place. In this dynamic environment of frequent disruptions, spikes in demand, and tight capacity, the ability to quickly scale your talent and technology is a s
disruptions, much adapting still needs to be done from the beginning and last-mile delivery. Reverse logistics planning has always been an essential aspect of supply chain operations and inventory management, but its impact may surpass anything seen in the modern transportation industry. The reason for this is twofold- the increase in sales and the exponential rise of e-commerce sales.
Rising sea levels, deforestation, melting of the polar ice caps are all familiar words and phrases used in relation to our environment. For years scientists and activists have been lobbying the need to reduce our carbon footprint. Whilst there has been progress in terms of changing consumer demands and mindset, much remains to be done. Pallets have been around since early 1910s, but the reliance of pallets only grew rapidly during World War II.
The phrases “transitory inflation” and “supply chain disruption” have been frequently used in the general and business news media this summer. And they have at times been used together to describe the general economic environment. Certainly, supply chain constraints are a partial cause of the current above trend inflation. Furthermore, there is much discussion about the word “transitory,” as used by Federal Reserve Chairman Jerome Powell to describe what he believes is like a short-term phase of
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
Looking for a relatively quick way to measure inventory health? “It all starts with a demand-driven approach,” says Gerrott Faulkingham, director of solution engineering at ToolsGroup. “Even though we’re talking about inventory, we first have to understand customer buying behavior—and how that then translates into inventory requirements.” As a reminder, the key to measuring inventory health is to assess inventory holdings relative to expected future customer demand according to service level (pr
As logistics continues to grow more lucrative to the customer experience, 3PLs are playing an increasing role in the supply chain. Vetting 3PLs and transportation management services providers is a complex topic and shippers may not know where to begin. Even more complex, some 3PLs may offer different degrees of service, such as a 4PL model that blends a shipper’s existing network and fleets with a 3PL’s technology and solution, as discussed in this third-party versus fourth-party value articl
As logistics continues to grow more lucrative to the customer experience, 3PLs are playing an increasing role in the supply chain. Vetting 3PLs and transportation management services providers is a complex topic and shippers may not know where to begin. Even more complex, some 3PLs may offer different degrees of service, such as a 4PL model that blends a shipper’s existing network and fleets with a 3PL’s technology and solution, as discussed in this third-party versus fourth-party value articl
A Customer challenge…… “A reputable and leading logistics company in Singapore dealing in Freight Logistics, Warehouse Logistics and Customs Brokerage was facing a unique challenge. It had over 2000 devices distributed across geographies. They were looking to Replace traditional PCLM approaches with modern workforce. Manage new user onboarding workflows & integrate all existing IDP providers”.
SCCN is a Network Solution. There is a multibillion-dollar supply chain software market that grew at double digit rates during the pandemic, and will continue to grow fast, that very few supply chain executives have heard of. How can this be? What is this Market? The solution is called a supply chain collaboration network (SCCN). Gartner calls this solution a Multi-enterprise Supply Chain Business Network.
3 Priorities for Future Success in Logistics with Sarah Banks. Sarah Banks and Joe Lynch discuss three priorities for future success in logistics. Sarah is Global Lead for the Freight & Logistics Industry at Accenture , a global professional services company with leading capabilities in digital, cloud and security. About Sarah Banks. Sarah Banks is Global Lead for the Freight & Logistics Industry at Accenture.
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.
A Chat with Katie Kinraid Download the latest LogiSYM Supply Chain Magazine. In this edition we have several news updates, interesting & enlightening articles and contributions on people & management – topics which are most crucial to the development of the Supply Chain Industry across regions as well as globally. Download the latest LogiSYM Supply Chain Magazine now!
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. Today’s article is from GlobalTranz and looks at the difficult decision of transitioning in-house logistics to managed services. The supply chain is evolving, and the standards used for managed logistics transportation services today are more data- and technology-driven than those of the past.
Having access to an accurate forecast is very beneficial for businesses. If used correctly, it can provide better margins, increase market shares, and many other positive results. At a more tactical level, it can help reduce the costs associated with meeting the customer demand and make the supply chain more efficient. How Forecastable is Your Data?
If you do a Google search on “inflation,” you get back more than 46 million hits, with many news items published in just the last few weeks. Simply put, many economists, business leaders, and consumers are concerned about rising inflation. Supply chain leaders are concerned too. In June, we asked our Indago supply chain research. Read more Inflation Across the Supply Chain.
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
PREAMBLE: The supply chain and logistics sector is undergoing seismic transformation due to accelerated digitalisation of global trade and commerce. Companies now need to be communicating in real-time, while meeting higher demands and increase in volume of transactions. Having a built-for-purpose enterprise device is critical in such instances. Supply chains are now at the fore of many businesses.
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. Today’s article is from FourKites and examines ocean trends for 2021. 2020 was a tumultuous year for supply chains, and 2021 has certainly followed suit. With summer winding down, we take a look back at the major trends that occurred in ocean shipping in the first half of 2021 and reflect on what your organization can do to proactivel
BOSTON and ATLANTA (Aug 19, 2021) – ToolsGroup , a global leader in supply chain planning software , and Chainalytics , a recognized global leader in supply chain consulting and analytics, announce an enhanced strategic partnership to bring digital supply chain planning solutions to more companies. The combined strength of ToolsGroup’s cloud-based Service Optimizer 99+ planning software and Chainalytics’ unique approach to supply chain strategy enables joint customers to thrive amid uncertainty.
There's a growing expectation among customers across the industrial landscape that their suppliers deliver a smoother and more reliable “phygital” experience.
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.
Futuristic road transportation technology with digital data transfer graphic showing concept of traffic big data analytic and internet of things. Logistics and supply chains are integral parts of business operations in any industry, especially during an economic downturn. The transport and logistics industry, has seen several changes in business models in the last few years.
New cars are hard to come by in 2021, and so are stoves and refrigerators. The reason? A global shortage of computer chips. From computers to cars, to gaming systems and appliances, multiple types of products include semiconductor chips – which have been in short supply since the start of the COVID-19 pandemic. Continue reading. The post Understanding the Global Chip Shortage & How Supply Chain Leaders Are Addressing Disruptions Today appeared first on SCMDOJO.
I was in a fog most of last week. Literally, in a fog. It descended on DownEast Maine like a blanket on Tuesday and lifted itself off slowly, patch by patch, on Thursday afternoon. It was nice, just focusing on the near and now, completely disconnected from what was happening beyond the fog. No email. Read more Above the Fold: Supply Chain Logistics News (August 20, 2021).
Here’s how autonomous supply chain planning helps businesses make faster and more informed decisions than ever before. Supply chain data may be readily available, but there is no guarantee it can help your business. Consider the impact of the COVID-19 pandemic on supply chain planning. We’ve seen many businesses forced to temporarily shut down; other companies have needed to shift their operations on the fly from selling products in brick-and-mortar stores to selling them online. .
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.
We are pleased to continue our 2021 series our fire-side chat column with key people in the supply chain industry. It is with particular pleasure to chat-up with Katie Kinraid, of BluJay Asia Pacific. Katie describes herself as “ passionate about driving efficiency & innovation in Supply Chain through technology” – a quality that is very relevant to face-up to the many supply chain challenges in our path !
Industry 4.0 is a term coined by the German government as shorthand for the Fourth Industrial Revolution. Analysts from the Boston Consulting Group (BCG) explain the first three revolutions were driven by steam, electricity, and automation. They write, “Industrial production was transformed by steam power in the nineteenth century, electricity in the early twentieth century, and automation in the 1970s.”[1] The fourth revolution is being driven by data.
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. In this June 2021 post from Descartes’ blog, Martin Meacock highlights some ongoing post-Brexit challenges importers face.
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.
My conversation with an experienced user… I met a distributor online recently. She explained that she owned a Warehouse Management System, purchased a Proof of Delivery Software as a Service, implemented a licensed-to-use Accounting & Distribution System, deployed a customised online Order Management System and that she is struggling with fragmented data and documents across these systems.
Many experts believe the Internet of Things (IoT) is poised to revolutionize supply chain operations. As I have noted in previous posts, the “revolution” has been slowed by security and standardization issues. Steven Manifold, Chief Marketing Officer at Ubisense, believes the revolution has also been slowed by a lack of understanding on the part of supply chain professionals.
Managing consumer packaged goods inventory is challenging at the best of times, and it can be debilitating during times of local or international disruption. Manufacturers, distributors, retailers, and other companies that deal with household products, cosmetics and toiletries, office supplies, paints and accessories, and other consumer packaged goods need to understand the timing, quantity, location, and total costs of their goods as well as the supply chain agility and flexibility needed to de
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