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If supply chain and logistics executives were granted one wish to make their work lives easier and more productive, most of them would probably say, “I wish I had end-to-end supply chain visibility.” It’s been an unfulfilled goal for many companies for many years, but while significant challenges still remain, advancements in technology are helping companies move closer to achieving this goal.
Common sense alone tells you automobile manufacturers face different risks than cosmetics manufacturers. So it comes as no surprise a joint report published by the Cranfield School of Management and Dun & Bradstreet concludes, “There are significant differences across sectors, requiring varying risk management practices across industries.”[1] The report focused on four key metrics: supplier criticality, supplier financial risk, global sourcing risk, and foreign exchange risk.
by Mike McAllister By APICS CEO Abe Eshkenazi, CSCP, CPA, CAE. This article was originally published on apics.org, and is repubished with permission. Since 2012, The Manufacturing Institute has celebrated women in manufacturing with its STEP (Science, Technology, Engineering and Production) Ahead Awards, which recognize women in manufacturing who exemplify leadership within their companies.
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
Mike Reid, the Chief Operating Officer at Embark Trucks, said that “Anyone employed as a driver today will be able to retire as a driver.” What makes that statement surprising is that Embark is a leading developer of autonomous trucks. One might think that the goal of an autonomous truck company is to render drivers superfluous. The post No Driver Working Today Will Need to Change Careers Because of Autonomous Trucks appeared first on Logistics Viewpoints.
The application of blockchain in the supply chain is among the greatest innovations to take root in the shipping industry. Application of blockchain holds promises to increase visibility, renew viability, reduce inconsistency, increase payment processing accuracy, and eliminate compliance problems. Even though the technology is still new, its potential cannot be ignored, and supply chain executives need to know why.
The application of blockchain in the supply chain is among the greatest innovations to take root in the shipping industry. Application of blockchain holds promises to increase visibility, renew viability, reduce inconsistency, increase payment processing accuracy, and eliminate compliance problems. Even though the technology is still new, its potential cannot be ignored, and supply chain executives need to know why.
Companies asked for integrated supply chain planning. They got it. It does not work so well. Now what? Sharing A Story. Last week, I met a client for breakfast in Frankfurt. Let’s call her Sally. As a leader of a global supply chain organization, her goal was simple. She was trying to define and drive supply chain excellence. In the last year, she worked with three consulting companies.
There is an increased focus on being prepared for supply chain risks such as digital threats, product traceability issues, and now the potential impact of a trade war. Coping with these risks necessitates matching supply chain resiliency to both the bottom and top layers of the Gartner “CORE” supply chain planning model. Gartner defines four types of supply chain risk (see chart above) depending on frequency and impact.
The term “big data” has been one of the hottest buzzwords over the last couple of years, and that’s not a big surprise. Statistical science and data analytics can help organizations (of any size and type) obtain historical measurements and generate actionable information that increases supply chain visibility, drives operational efficiency and supports overall growth.
Although using blockchain in supply chain and logistics is an exciting prospect, the technology lacks the maturity necessary to enable global deployment today. Such limitation can be discouraging, but it serves as a beacon of hope for a better future in supply chain management. To unlock the true value of using blockchain in supply chain and logistics management, shippers should consider its existing hurdles and possible challenges as the technology matures.
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.
The real-time freight visibility space was particularly hot in 2017, with two major acquisitions announced last year, including Descartes’s acquisition of MacroPoint in August 2017. Demand for these solutions, from both shippers and brokers, continues to grow because companies want to identify and implement better ways to plan and execute their transportation and logistics operations, which is what ultimately delivers value.
The meat processing business is on an upswing, with companies from Poland to Australia expanding their facilities to cope with rising demand. Extra capacity is always welcome, but the challenge remains – how does a company ensure maximized usage of resources and raw materials? In an industry characterized by high volumes and low margins, every cent counts.
There is an increased focus on being prepared for supply chain risks such as digital threats, product traceability issues, and now the potential impact of a trade war. Coping with these risks necessitates matching supply chain resiliency to both the bottom and top layers of the Gartner “CORE” supply chain planning model. Gartner defines four types of supply chain risk (see chart above) depending on frequency and impact.
Cerasis is excited to announce the release of an all new, exclusive, & educational resource “An Introduction to Blockchain and Its Potential Benefits and Drawbacks in Supply Chain Management” white paper! This is a must read for those who have been reading about Blockchain in Supply Chain Management but need to first understand it’s role in the industry!
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
Only a few months into the year and I am hearing the same old complaints about the economy and business being in general ill health. However, there is a new recurring theme which popped up at various parties and gatherings over Easter; “my company doesn't seem to do anything different and just hopes business will improve”. Not going to happen, no way!
Mark McEntire, Sr. VP Operations at Transplace and Ken Rogers, National Transportation Director at Nestle Waters discuss the following questions and more in this timely and informative episode: Nestle: As you started working with Transplace around its Control Tower solution, what were some of the key capabilities you were looking for? What were some of your goals and objectives?
Irony is defined as “a state of affairs that seems deliberately contrary to what one expects.” Some pundits find it ironic that even as companies are searching desperately for people to fill supply chain positions other pundits are predicting the demise of humans in the supply chain. Among those predicting technology will make humans redundant are supply chain and retail expert Allan Lyall and his Boston Consulting Group colleagues Pierre Mercier and Stefan Gstettner.
Editor’s Note: Today’s blog is from Connie Benton who discusses the state of supply chain logistics and how they keep the lights on in Las Vegas. Las Vegas location isn’t exactly conducive to building a city. The Mojave Desert is in one of the hottest, driest and least humid places in all of the US. That means that the logistics of this city of dreams can be an absolute nightmare.
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.
We evaluate books related to customer service based on sales rank, reviews/endorsement by leading business leaders and show you the best customer service books. Finding Best Customer Service Books When we talk about customer service, people will usually think about the hotel and tourism business or banking business where products are less physically or tangible.
Companies need to come clean and eliminate common supply chain offenses to deliver the greatest value to their customers. Over the last decade, the expectation and focus on completing “perfect orders” has increased in the supply chain industry. From the product to its condition and even documentation, the demand for excellence involving all parts of the process has intensified.
In an environment of increasing freight costs, greater pressures on supply chains, and ever-expanding competition, shippers need to focus on where they can cut costs and increase operational efficiency. One such area that offers the greatest opportunity is shipping network optimization. The question is, how can a company optimize its shipping network?
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.
Introduction. When you’re in the e-commerce industry or entrepreneurship space, buzzwords like “drop shipping” and “Amazon FBA” just roll off your tongue. These two e-commerce business models have really taken off in the past decade, helped no doubt by the resurgence of China as the world’s manufacturing hub, the app economy and the convenience of an always-on mobile web.
SiteOne Landscape Supply Partners with Chainalytics to Design a Distribution Network and Implement New Demand Planning and Replenishment Technology, Resulting in Cost Reduction and Improved Customer Service Successfully managing over 100,000 products across 470 locations requires a well-constructed operational model. So when SiteOne Landscape Supply, the nation’s largest supplier of wholesale landscape supplies and golf … The post SiteOne Partners with Chainalytics for Supply Chain Design
It’s the 21st century. If technology isn’t doing the bulk of the heavy lifting for your supply chain, then you’re doing something wrong. Blockchain, IoT, big data—it seems like every tool out there has a group of supporters behind it promising that THIS is the silver bullet that’s going to save your business. It's the job of a great team to choose and leverage technology that will surface your supply chain’s global context and interdependencies.
“Alexa, order fresh towels.” The next time you stay at a hotel, you may find yourself talking to a smart speaker instead of a live human when it comes to ordering in-room amenities. Amazon has recently revealed a new version of its voice-activated smart speaker, Alexa. Entitled “ Alexa for Hospitality ,” the program involves an Amazon Echo smart speaker placed inside a hotel room, customized for every hotel location, which will let guests order room service, ask questions about the hotel, and ad
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.
This article was first published in the July / August 2018 issue of MHD Supply Chain Solutions. It would be tempting to think of reverse logistics as forward logistics done backwards. Tempting, but wrong. Reverse logistic isn’t simply a reverse gear. Almost everything can change. Products come back in dribs and drabs, not in nearly packaged batches.
| By Jeff Zoroya | Director, Supply Chain Design | Chainalytics | Most supply chain professionals are aware of tightened capacity and rate inflation currently impacting the truckload (TL) market. While growing demand due to sustained economic growth is mostly to blame for the current state of the market, it is also important to point … The post Supply Chain Strategies For Improving Freight Capacity in a Tightened Market appeared first on Chainalytics.
It’s the 21st century. If technology isn’t doing the bulk of the heavy lifting for your supply chain, then you’re doing something wrong. Blockchain, IoT, big data—it seems like every tool out there has a group of supporters behind it promising that THIS is the silver bullet that’s going to save your business. It's the job of a great team to choose and leverage technology that will surface your supply chain’s global context and interdependencies.
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