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Editor's Note: Starting today we will begin publishing this blog once every two weeks. At last year’s Gartner Supply Chain Executive Conference analyst Tom Enright summarized the essence of successful demand forecasting with the following statement: “ Demand forecast accuracy depends on your ability to recreate the environment in which historical demand occurred.”.
Here in the States, today is National Human Trafficking Awareness Day — a time when we recommit ourselves to ending modern-day slavery and exploitation. Although regulations on human trafficking are tightening, millions of people continue to suffer in every region of the world.
Demand to increase efficiency in warehouse management is at an all-time high. Warehouse managers also face challenges with finding and retaining the right talent, as well as added pressure from customers and shareholders alike. One of the possible ways warehouse managers can improve efficiency is through the implementation of dark warehouses. Let’s take a closer look at dark warehouses and what they mean for the future of warehouse management.
With the national warehouse vacancy rate hovering at record lows and warehouses bloated with inventory pulled in from China during 2018 to get ahead of impending tariffs , companies can combine flexible storage options with advanced technology to create an end-to-end supply chain solution that works.
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
As we enter a new year, it’s a great time to look back at how far we’ve come as an industry, set our next goalposts, and map out where we should be as an industry by 2020. The journey to digitize freight, while initially off to a slow start, has gained momentum in the last two or three years. But the road to true digitization is long and winding. We have a ways to go and the world won’t necessarily wait for us to catch up, especially with external entrants to the industry that will certainly try
There is a lot of discussion in the marketplace about disruption, transformation and the rapid pace of change in supply chain management, but if you’re in the consumer packaged goods (CPG) or contract packaging and manufacturing industries, you know this all too well. Simply put, yesterday’s rules for success are no longer valid in today’s market. So, what are the new rules for success?
There is a lot of discussion in the marketplace about disruption, transformation and the rapid pace of change in supply chain management, but if you’re in the consumer packaged goods (CPG) or contract packaging and manufacturing industries, you know this all too well. Simply put, yesterday’s rules for success are no longer valid in today’s market. So, what are the new rules for success?
Editor’s Note: This article is from Steve Bettwy , Vice President – Quality and Business Continuity, Operational Excellence, and Continuous Improvement at Direct Supply. I hope we can agree that Amazon will disrupt an industry if it wants to. Bibliophiles everywhere can still hardly say “Amazon” without snarling, and Amazon’s effect on retail, grocery delivery, and even cloud computing is nothing short of transformative.
The year 2019 has only just begun, so now would be a suitable time to look into the question of which supply chain trends lie ahead for the coming year.
Did you make any New Year’s Resolutions for 2019? Are you’re still looking for a personal challenge this year? Then how about joining our Logistics Leaders for T1D Cure cycling team and help us raise money for JDRF in our quest to create a world without type 1 diabetes! There are five rides you can choose from this year: La Crosse, WI: August 8 – 11, 2019 Sonoma, CA: August 22 – 25, 2019 Saratoga Springs, NY: September 12 – 15, 2019 Amelia Island, FL: October 3 – 6, 2019
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 year ahead will shake up the long-held standards for controlling freight spend and meeting customer expectations. For 2019, the trends in LTL will focus primarily on demand, rates, carrier and trucker expectations, the needs of shippers and more. Let’s get started. 1. E-Commerce Demand Will Drive Trends in LTL for 2019 E-commerce growth is a double-edged sword in modern freight transportation.
While 75% of manufacturing companies have a program to promote cybersecurity awareness, only 37% believe that their programs are very to completely effective. Though the manufacturing sector does not attract the sheer volume of total cyberattacks as other areas of the economy, research has shown that coordinated cyber espionage targets manufacturing more than any other sector.
With tight capacity and rising rates dominating the headlines, 2018 certainly didn’t go as planned or expected for many shippers. As we begin 2019, what are the key lessons learned from last year, and what trends and factors should shippers keep an eye on to make sure they’re able to respond effectively to whatever happens in the transportation market in the weeks and months ahead?
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
We live in hectic times. The U.S. is in a trade war with the world. Britain is trying to disconnect from Europe. Cyber attacks are increasing. Climate change is creating violent weather events. The list of crazy things happening goes on and on. Nowhere is change more evident than in the supply chain arena. The staff at Supply Chain Network (SCN) writes, “With rising customer expectations, changing business models, cut-throat competition and the influx of technologies, it’s critical that yo
EPA final rules on pharmaceutical returns impose heavy burdens on healthcare providers and distributors. A new rule finalized by the Environmental Protection Agency (EPA) requires that prescription pharmaceuticals sent from healthcare facilities to reverse distributors must be regulated as solid waste and evaluated for hazardous classification at the healthcare facility before they are shipped.
For companies in the wholesale distribution niche, the advent of e-commerce can be a double-edged sword. Part 3 of our E-commerce Series brings to light new industry challenges and advantages.
With the national warehouse vacancy rate hovering at record lows and warehouses bloated with inventory pulled in from China during 2018 to get ahead of impending tariffs, companies can combine flexible storage options with advanced technology to create an end-to-end supply chain solution that works. Much like your neighbors use portable on-demand storage to store their household items during move-ins, move-outs, or home renovation projects, truck trailers in yards increasingly are being used to
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.
Unlike the original definition of Omnichannel, Omnichannel 2.0 is about bringing the entire enterprise together, not just enabling support within legacy systems for an omnichannel approach, retailers and supply chain leaders must increase proficiency across all channels, engaging with consumers and personalizing the shopping experience.
Get your complimentary excerpt copy of the IDC MarketScape: Worldwide Multi-Enterprise Supply Chain Commerce Networks 2018 Vendor Assessment. Privacy mode may affect your ability to download content, so we recommend standard browser settings. According to the IDC MarketScape, multi-enterprise supply chain commerce networks are a critical element of both the current and future supply chain. “By 2020, half of the large manufacturers will have begun shifting their supply chain applications fr
In recent years, a torrent of new laws and regulations enacted globally have aimed to eliminate forced labor from modern-day supply chains. Are they having any impact?
Editor’s Note: “Above the Fold” is a new segment on Talking Logistics where we spend a couple of minutes discussing a headline or two from last week’s supply chain and logistics news and raise a question for you to answer. As reported last week by Material Handling and Logistics , the transportation and warehousing sector experienced the largest overall drug positivity increase of any sector between 2015-2017 (21.4%, based on data from the Quest Diagnostics Drug Testing Index), with
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.
It’s a new year and retail is moving faster—finally we’re seeing retailers looking in the right direction—up. A unified commerce environment, an on-demand marketplace, social media, growing competition and new technologies mean an evolution in the way we shop. Everything is changing – from pricing and planning the just right product assortments to forecasting demand and creating an unforgettable in-store experience.
Healthy growth is expected to be driven by broad-based industrial demand. Following growth throughout 2018, the chemical industry is expected to see continued healthy demand for basic chemicals throughout this year, with most specialty segments predicted to benefit from growing demand as well, especially in construction markets. Expansion across a broad band of industrial sectors is supporting American economic growth, observes Kevin Swift, chief economist at American Chemistry Council (ACC) and
The liquidation woes of Sears Holdings, owner of iconic retailer Sears and Kmart, underscore the dramatic decline in bricks-and-mortar retailing in the face of booming e-commerce sales and shifting consumer buying patterns. But as attendees of the recent MIT Center for Transportation & Logistics (MIT CTL) Future of Retail roundtable heard, high street retailing is […].
Guest Post: Mark McKendry, Vice President of Intermodal at NFI When compared to 2017 volumes, North American intermodal volumes grew by over five percent in 2018 – despite extreme congestion in Chicago, a chronic chassis shortage on the U.S. East Coast, and atypical demand trends driven by e-commerce growth and tariff threats. Although the railways.
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.
The Wall Street Journal’s recent analysis of retailers’ logistical challenges highlights the appeal and success of alternative solutions to traditional warehousing in retail and beyond. Driven by problems of scale, pricing, and flexibility, these new solutions help shippers reach key markets, meet holiday demand, and ultimately gain a competitive advantage.
Subscribe Here! Email Address. The Negotiation Before the Negotiation! Article and permission to publish here provided by Nikita S at [link]. Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. This is particularly apparent if you are hiring a Procurement professional, you are looking for a Procurement job, you are looking to outsource anything, or you are dealing with Procurement people in the course of conducting business.
I recently coached a Danish SME on how to design the organizational chart for their Chinese office. The office was not new – it had been there for about fifteen years – but recent changes in the management team had created a possibility to design a brand-new organizational chart aimed at overcoming the challenges they were facing when working with their Chinese office.
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