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Freight transportation is constantly defined by the ups and downs of the market. The pandemic has underscored this reality, and many are wondering if it is time to exit the rollercoaster ride and find a more efficient way to manage freight costs and capacity on an ongoing basis. As a result of recent market swings … The post Transportation Portfolio Diversity is the Antidote to Volatility appeared first on Chainalytics.
Since much of the previous year in business and elsewhere was defined by a global pandemic, we are left asking what will 2021 look like for food and beverage shippers. Food trends had an interesting 12 months as things changed quite a bit throughout the course of COVID-19. Right now, we are seeing a shift away from the big box brand purchasing that defined the spring of 2020 to food trends more in line with what we have seen over the past several years.
Henry Ford famously said of the Model T, “you can have any color you want, as long as it’s black.” Today, in the digital age, the ability to personalize has become a key strategy for winning market share. Yet a century later, a ‘one-size-fits-all’ approach to supply chain has persisted well beyond its apparent sell-by date. For example, a survey of 100 organizations found that only 8% of manufacturers had achieved an advanced segmentation capability.
As the logistics industry prepares for the 2021 supply chain trends, an uncertain future becomes the problem. According to Manufacturing.net: “Supply chains make up an essential aspect of most businesses today, with 70 percent of industry professionals predicting that the supply chain will spearhead better customer service before the end of 2020. So as the year has.read More.
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
This year with the global pandemic, Black Friday was different from before. Luckily, we did not have to set up our camping tents in front of our favorite stores, but just logged in to their mobile apps. Online shopping has been on a steady rise since 2010. With the global pandemic, it became a necessity. Consumers who realized the ease of use of online shopping – choosing items from the warmth of their seat and […].
In almost every supply chain publication, you will find an article discussing digital transformation. Industry analysts, consultants, solution providers, executives and practitioners are all focused on how to transition from a traditional, analog supply chain to a more digital supply chain. This has never been truer than it is today. Digital supply chain capabilities enable more agility and resilience; two supply chain characteristics that are especially important in dealing with unforeseen disr
In almost every supply chain publication, you will find an article discussing digital transformation. Industry analysts, consultants, solution providers, executives and practitioners are all focused on how to transition from a traditional, analog supply chain to a more digital supply chain. This has never been truer than it is today. Digital supply chain capabilities enable more agility and resilience; two supply chain characteristics that are especially important in dealing with unforeseen disr
The recent disruptions worldwide have exposed how important end-to-end visibility and control are to building the resiliency required to survive and thrive in changing conditions. Being equipped when disruptions occur means knowing what’s going on at every tier in your supply chain, understanding cross-functional impacts, quickly executing decisions and continuously monitoring and optimizing the results.
The saying goes- the only thing staying the same is that everything keeps changing. And the statement becomes especially true with supply chain management. It’s crucial to track the 2021 trends in the supply chain needed for success. Advanced solutions that mirror these trends will enable success in the coming year. During a year of.read More. The post 5 More 2021 Trends in the Supply Chain to Start Thinking About Now appeared first on Transportation Management Company | Cerasis.
Four months ago I mentioned that after 30-plus years of golfing, my mom recorded her very first hole-in-one. As excited as my mom was, I know my dad was equally excited for her. They have been golfing together for the last 30-plus years, playing in tournaments and leagues together. My dad actually has another 30 years of golf on top of that. And over those 60 years of golf, he had never recorded a hole-in-one. […].
With Service Optimizer 99+ (SO99+) ToolsGroup’s manufacturing customers commonly achieve a 10-30% reduction in inventory, improve product availability to 96% or better, and reduce overhead (such as overtime and expedited freight) by 50%. Read this infographic to learn how they do it. Amid escalating demand variability, SKU proliferation, pressure from competitors, product obsolescence and capacity constraints, ToolsGroup’s service-driven supply chain planning is a manufacturer’s best ally for me
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.
There are lots of words and phrases associated with 2020: COVID. Cancelled. Unprecedented. But as several news items from this week show, there is another phrase (from a popular 1996 movie) that is making the rounds in the supply chain and logistics realm: Show me the money! It’s what technology and service provider startups are. Read more Above the Fold: Supply Chain Logistics News (December 4, 2020).
By Louisa Hosegood (pictured). Digital and Strategy Director, Bis Henderson Consulting. The post Delivering On The ‘Last Mile’ Challenge appeared first on IT Supply Chain.
I grew up in a time before people knew much about being eco-friendly or “Green,” so the concept of sustainability isn’t usually at the top of my mind. Just to level set, the Brundtland Commission defined sustainable development as “development that meets the needs of the present without compromising the ability of future generations to meet their own needs.
Remember 12 months ago, when we were all merrily celebrating Thanksgiving and starting our Christmas shopping, blissfully unaware of what was awaiting us just around the corner in 2020? No one could have predicted the year we’ve had, and now our 2021 plans are infused with a healthy dose of what we’ve learned about supply chain disruption and response—and how we will all do things better next time around.
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 global pandemic is pushing the world’s supply chains to their limits. Here’s how supply chain technology is helping them fix the problem and plan for the future. The global pandemic has done a good job of shining a bright hot spotlight on the world’s supply chains. Never before in modern history have we seen. Read more Closing Remarks: Supply Chain Takes Center Stage in 2020.
Not since the Second World War has there been such global disruption as experienced in 2020. International transportation came to a standstill, major populations were confined to their homes, and factories shut down.
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.
There is a lot of focus today on competing on customer experience and the role of supply chain and logistics in enabling it. But one of the first companies, particularly in the e-commerce era, to embed customer experience in its culture and leverage it as a competitive differentiator was Zappos (which Amazon acquired in 2009. Read more On Tony Hsieh, Customer Experience, and Logistics Outsourcing.
Four months ago I mentioned that after 30-plus years of golfing, my mom recorded her very first hole-in-one. As excited as my mom was, I know my dad was equally excited for her. They have been golfing together for the last 30-plus years, playing in tournaments and leagues together. My dad actually has another 30 years of golf on top of that. And over those 60 years of golf, he had never recorded a hole-in-one.
Who Should Attend? If you #LoveProcurement, you should be there! Procurement & Supply Chain Leaders. Learn best practices and gain inspirations on how you can build a competitive advantage. Finance Professionals. Ensure control and regulatory compliance and better manage your cash. Sponsors. Demonstrate your implementation and consulting capabilities to prospects.
Top Gartner analysts say there’s no time like the present to invest in a YMS that can help you offset COVID-19 challenges and future-proof your yard. . A valuable supply chain asset, the physical area “outside of the four walls” of the typical warehouse or distribution center (DC) is becoming a focal point for companies that are realizing the value of their yards.
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.
Brian Alster, head of third-party risk and compliance solutions with Dun & Bradstreet, outlines the steps that procurement organizations should be taking to guard against a growing number of potentially devastating cyber attacks.
This year with the global pandemic, Black Friday was different from before. Luckily, we did not have to set up our camping tents in front of our favorite stores, but just logged in to their mobile apps. Online shopping has been on a steady rise since 2010. With the global pandemic, it became a necessity. Consumers who realized the ease of use of online shopping – choosing items from the warmth of their seat and having them delivered in a couple of days – gained a new habit.
As COVID-19 demonstrated, effective procurement is critical to organizational success. Procurement & Supply Chain leaders of winning organizations have earned a slot on the boardroom agenda. Now is the time to show why you should remain there, by unleashing the full potential of your spend and suppliers. Ivalua NOW Europe 2021 is the premier event for Procurement & Supply Chain leaders looking to restore growth through innovation, achieve CSR and other strategic objectives, and empower
Warehouse automation is reaching the tipping point, accelerated in part due to the global COVID-19 pandemic. The shift of commerce from brick and mortar stores to e-commerce platforms has created an unprecedented demand for warehousing. In addition, rising wages for warehouse workers driven by a pre-COVID shortage in skilled labor is exerting pressure on warehouse operations.
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It’s no secret that the Covid-19 pandemic has made many consumers value e-commerce shopping above traditional in-store experiences. As the holiday season begins in full force, the transportation industry is realizing that online shopping is creating what may be the busiest peak capacity season yet. Popular transportation companies including FedEx, UPS and DHL are all […].
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