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Suez Canal, Egypt, March 24 - One of the world’s largest containerships ran aground in the Suez Canal blocking commercial container traffic and throwing global supply chains into chaos.
In this article: Interest in supply chain technologies has continued to increase in the past year. Investors’ focus on solving problems—both business problems and sustainability problems—has remained. We’re starting to see a hybrid of venture capital (VC) and private equity (PE) enter the investment space, backed by deep supply chain expertise.
In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. I took the viewpoint that as the need for supply chain resiliency becomes front and center, CSCOs and CPOs will need to collaborate very closely; and shared the reasons why this is more important than ever. Accordingly Supply Chain and Procurement will need continuous collaboration.
Occasionally, I cross paths with executives from fashion brands who have a passion for producing products that give back more than they take from the planet. And this kind of leadership is redefining the old ways of business as usual with radical transparency and accountability to build truly sustainable enterprises. During this year’s American Apparel & Footwear Association (AAFA) Executive Summit, I enjoyed moderating a panel featuring industry executives from some of these ‘sustaina
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
Q1 2021 is in the books. The pandemic is still with us, but we have vaccines and toilet paper, so an improvement from last year. Onward and upward we go! (Unless you’re a cargo ship, anchored and waiting.) —- Suez Canal Opens, but Shipping Will Be Snarled for Months (WSJ – sub. req’d) America’s Imports. Read more Above the Fold: Supply Chain Logistics News (April 2, 2021).
Hello and Welcome to the Week in Review! This is the weekly blog post that will give a one-look overview of what happened in the DELMIA Communities this past week. But there is a lot more than what you will see 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.
Hello and Welcome to the Week in Review! This is the weekly blog post that will give a one-look overview of what happened in the DELMIA Communities this past week. But there is a lot more than what you will see 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.
Boot Barn is a retail chain devoted to western and work-related footwear, apparel, and accessories. The company operates over 200 stores in the US and e-commerce websites consisting primarily of bootbarn.com, sheplers.com and countryoutfitter.com. The company also operates store support and distribution centers in California and Kansas. The Wichita, Kansas facility supports the company’s expanding e-commerce business.
There is currently a lot of discussion about the role of social media in society, particularly as a source of news and information. What about for supply chain management professionals? What are the main reasons they use social media? We explored this topic recently with our Indago supply chain research community. Almost all of our. Read more Why Do Supply Chain Professionals Use Social Media?
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.
What is Indirect Procurement? I have discussed this topic briefly with Procurement Expert Richard Beaumont in this episode of The Supply Chain Show. In this blog, we dig deep to answer these questions. Topics Covered: Knowing that procurement is a complex business function that varies from an organization to another, and is unknowingly linked to. Continue reading.
I cannot reveal the name of this specific organisation for obvious reasons but their Supply Chain is one very impressive, slick machine. Across the Source, Plan, Make and Deliver SCOR Supply Chain disciplines we see excellence, leading edge systems and outstanding performance from a mutually supportive and cohesive team.
Geraint John, vice president analyst with Gartner’s Supply Chain Practice, reveals the results of a survey in which companies described their current efforts at achieving supply-chain resiliency and agility.
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
Technology Alone Won’t Integrate Your Supply Chain with Paul Jensen. Joe Lynch and Paul Jensen discuss why technology alone won’t integrate your supply chain. Technology is critically important to a connected supply chain, however, there are limitations to what technology can do. To have a truly integrated supply chain companies need to have a supply chain partner that will couple the technology with the people and physical assets (trucks, terminals, warehouses, etc.) required to be effect
As most adults know, constipation involves the difficult passage of necessary items through the tail end of the body’s supply chain. If you’ve been following the news, you know the world has had a bit of constipation problem in the Suez Canal. Nearly a week ago, a cargo ship — which if it stood on its end would be taller than either the Empire State Building or Eiffel Tower — ran aground in the canal completely blocking the waterway.
Making Zero Waste Supply Chain A Possibility in the Food Industry with AI. Let us begin with a hard look at some numbers related to food wastage. Between 33-50% of food produced globally is never eaten, and this wasted food is worth over $1 trillion. According to BCG , by 2030 annual food loss and waste will hit 2.1 billion tons worth $1.5 trillion.
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.
For all the effort it has taken to navigate your supply chain through the turbulent seas of the pandemic, daunting new challenges are on the way. The road to a post-coronavirus world will make new demands upon businesses as we progress towards a redefined normal that will affect markets and consumers around the globe. Your … The post Coping With Supply Chain Disruptions in the “New Normal” appeared first on Chainalytics.
The world received exciting news this week as a 220,200-ton cargo ship named the Ever Given was freed from the Suez Canal after being stuck for six days. The Suez Canal is one of the most important trade arteries in the world. It connects Asia to Europe and the U.S. East Coast. On average, 50 […]. The post The Ever Given Continues to Impact Supply Chains Despite Being Freed from the Suez Canal appeared first on Kuebix.
Digitization can bring many benefits to supply chains, such as speed, cost and transparency. When carried out correctly, it can be massively transformative for a business.
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.
Supplier relationship management is often referred to as the B2B equivalent of customer relationship management. We’ll define this crucial management concept and explain how you can implement and improve supplier relationship management to leverage business success. What is supplier relationship management? Supplier Relationship Management (SRM) is a management concept frequently used by procurement and supply chain professionals.
By Cris Pikes (pictured). CEO & Founder of Image Analyzer. The post Instagram for Kids – The same cradle to grave strategy that banks have used for decades appeared first on IT Supply Chain.
Gartner reports that almost 70% of companies are either at stage 2 or 3 of supply chain maturity. Stage 3 is generally attributed to the use of S&OP technology in the supply chain. Perhaps you have already implemented S&OP or in the process of or thinking about it. But have you thought about what comes next? Stage 3 is a very preliminary step to digitalization but a long way from a digital twin of your supply chain.
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.
Rising nationalism, the protectionism it spawned, and the coronavirus pandemic forced many companies to reexamine their global supply chains. Even before protectionism and pandemic were considerations, I argued that globalization is evolving into regionalization. My reasoning is simple, regionalized supply chains place manufacturers closer to consumers and reduce transportation costs.
The impact of the COVID-19 pandemic isn’t over. Manufacturers continue to face potentially indefinite remote work policies, new health screening and safety protocols, unexpected demand swings, potential supply disruptions and more. Digital manufacturing couldn’t be more important or necessary for maintaining business continuity and responding to change.
Logistics in the Middle East was growing at a standard pace before the turbulent events of the coronavirus pandemic. But the year 2021 and beyond are expected to bring a promising future for this industry in the Gulf Cooperation Council region. The Frost and Sullivan report on logistics growth completely justifies this statement. As per the report, the logistics industry in the Middle East will experience a steady growth in the next five years.
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