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How to Select a Supply Chain Planning Tool. So you’ve finally had enough! You’ve just been chewed out by the Head of Accounts because she was forced to ship an order to a major customer two weeks late…and it’s your fault. This is not a unique conversation in your organization because your on time delivery is only about 75%… even among your A customers it’s barely 80%.
The COVID-19 pandemic has irrevocably altered the e-commerce environment. As a result, new market demands are straining retail supply chains worldwide due to strong digitalization and the exponential expansion of internet shopping.
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
The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.? Let’s consider these top factors affecting the trucking market, their implications on supply chains and how they are driving change within the industry. . Capacity Constraints Continue to Arise. Capacity constraints continue to come under microscope as shippers look for a better understanding to the state of the market.
An increasing lineup of advanced digital solutions have given manufacturers the edge to transform and achieve better inventory control. The manufacturing industry is constantly searching for new and inventive ways to improve inventory management. From Vilfredo Pareto’s 80-20 principle to just-in-time and pull-based manufacturing, minimizing excess inventory has been a continuous quest—spurred on by the Fourth Industrial Revolution or Industry 4.0.
An increasing lineup of advanced digital solutions have given manufacturers the edge to transform and achieve better inventory control. The manufacturing industry is constantly searching for new and inventive ways to improve inventory management. From Vilfredo Pareto’s 80-20 principle to just-in-time and pull-based manufacturing, minimizing excess inventory has been a continuous quest—spurred on by the Fourth Industrial Revolution or Industry 4.0.
Over the years, sustainability has been increasingly embraced by consumers and brands alike. For many, this has caused them to re-examine the foods that they eat. In recent years, there has been tremendous growth in the plant-based meat market, with new entrants joining those that have been around for decades. The plant-based meat supply chain is taking advantage of hiccups in traditional food supply chains, especially during the Covid pandemic.
Recently, I hosted the Supply Chain Insights Global Summit. Executing an event in the middle of the Covid-19 pandemic is challenging. One of the goals of the conference was to challenge the audience to redefine work. To accomplish this goal, I invited people doing the work (planners and truck drivers) to share their perspectives. Allyson Hatfield, demand planner at MARS Petcare presented.
I’ve worked in enterprise supply chain technology for more than 20 years, and, especially in the earlier years, collaborated in teams where I was the only female in the room. Over time, I’ve been fortunate to work in groups where both men and women were well represented, and I’ve had excellent leaders who championed my career by giving me the freedom to chart my own path.
When many companies produce products, they also produce by-products. Often, they have no use for these by-products and so they are discarded or sold off as scrap. But companies that embrace sustainability do not accept this fate. Some companies have found a way to turn their waste streams into revenue streams. Sustainability in Supply Chain Planning: Waste or Revenue?
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.
Good help is hard to find. And finding good help has become increasingly difficult as the Covid pandemic has caused labor shortages across a number of industries. One industry that has been hit hard is the restaurant industry, where owners and managers are having an incredibly difficult time finding servers. One Connecticut restaurant is taking a unique approach to combatting the labor shortage: robot servers.
In the world of consumer goods and home and lifestyle, today’s fast-moving consumer trends demand fast delivery and quality at the lowest possible cost—for which lean programs in manufacturing are paramount. With the ever-present risk of potential disruptions to supply chain materials and manufacturing processes, lean programs have a pivotal role in ensuring competitiveness of operations and customer satisfaction.
If we didn’t know what real supply chain disruption was before, we do now. Events over the past 18+ months (COVID-19, Brexit, Suez Canal blockage, India-China border conflict, natural disasters, cyberattacks on pipelines and shipping lines) forced companies to find new ways to deliver goods and services, secure alternative sources for needed materials, and simply determine how to survive.
Anyone who has paid attention to the industry knows about the unprecedented trucking driver shortage impacting the transportation network supply chain. The connections between supply chain success, market trends, customer demands, supply chain technology , and future growth are easy to see. Understanding the cause of this shortage and its impact on the industry as a whole remains a critical step in working to respond and react to the disruption it has caused.
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
As highlighted in a June 2021 Wall Street Journal article by Bob Tita, Polaris, which manufactures boats, motorcycles, and other vehicles, is “changing its manufacturing and sales strategies on the fly to cope with shortages of materials and parts and an unreliable global transportation system that has disrupted precise production planning…The company is juggling 30.
Stuck in a loop of fluctuating demand, capacity problems and ongoing disruptions, shippers and third-party logistics providers say they’re investing in technology that connects people, processes and information to navigate supply chain challenges, according to a new study.
Amazon’s Retail Strategy with Rick Watson. Rick Watson and Joe Lynch discuss Amazon’s retail strategy. Rick founded RMW Commerce Consulting , a boutique ecommerce consultancy that supports investors and management teams incubating and growing digital businesses online – both direct-to-consumer and B2B. About Rick Watson. Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the ecommerce industry with companies like
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.
Who says there’s no such thing as a money tree? There’s at least one such tree in the supply chain and logistics forest, where technology companies and logistics service providers keep plucking its leaves. Check out the first ten news items below: they’re all related to acquisitions and funding rounds. I wish I had a. Read more Above the Fold: Supply Chain Logistics News (September 24, 2021).
Rapid Optimization of Contract Management, Supplier Management and Direct Materials Sourcing. Redwood City, CA September 21 , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions , today announced that Asian Paints successfully deployed Ivalua’s Contract Management and Supplier Information solutions to enhance their strategic sourcing processes.
Transportation vs Logistics with Marty Wadle. Marty Wadle and Joe Lynch discuss transportation vs logistics. Marty is the Chief Commercial Officer of Ruan Transportation , a transportation company providing Dedicated Contract Transportation, Managed Transportation, Value-added Warehousing, and Brokerage Support Services. About Marty Wadle. Marty Wadle serves Ruan as Chief Commercial Officer.
Today you hear a lot about personalization in marketing and customization in manufacturing. In this increasingly specialized environment, customer segmentation sounds like a step backwards. After all, customer segmentation can be traced back to the earliest eras of marketing and manufacturing when people intuitively understood that, for the most part, men and women were looking to buy different goods.
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.
Women leaders from ATD, RAJA, and TireHub among the executives elevating supply chains for competitive advantage. BOSTON and MILAN (Sept. 21, 2021) – ToolsGroup, a global leader in supply chain planning software, is proud to announce that ToolsGroup customers Sarah Voorhees, senior director of demand and supply planning at American Tire Distributors (ATD); Michela Vesta, supply chain project manager officer at RAJA Italia (RAJA Group); and Nancy Triplett, director of supply chain at TireHub, wer
It’s no secret that the pandemic and its aftermath have created a very constrained transportation environment. There are about seven to eight loads for every truck available. So, what does it take to secure reliable and consistent capacity in today’s market? How do you build carrier loyalty? What is the role of TMS, freight matching. Read more Leveraging Digital Freight Tools to Build Carrier Loyalty.
Most consumers have become comfortable shopping online due to the pandemic, but the rise in online shipments leads to apprehension about supply chain sustainability in eCommerce. High order volumes mean more parcel delivery trucks on the road, more packaging waste in the trash, and more power consumption in fulfillment centers, among other concerns.
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.
You might think that the recent spate of supply chain disruptions would have caused a stampede of manufacturers out of China, or at least prompted them to diversify sourcing. But that hasn’t been the case.
By Alex Mills (pictured). Sales & Marketing Director at ProSKU. The post Price Too High? What Are You Comparing It With, & Why? appeared first on IT Supply Chain.
Summer is coming to an end which means retailers and supply chains need to start preparing for the holidays. With e-commerce on the rise, supply shortages, and COVID-19 restrictions causing shipping delays, this will prove to be a challenging year for order fulfillment. Now is the time to get your holiday plan ready to ensure on-time shipments. After facing many disruptions last year, businesses are coming into the holidays more prepared than ever before.
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