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This is a story for the Eds, Franks, and Toms working together in supply chains across the globe. It is also a story for a young supply chain manager attempting to make a difference, but feeling stymied. Sharing My Experience. The year was 1982. I lived in Cincinnati and worked in R&D for P&G. My ex-husband decided that we were going to move to Delaware.
Inventory management (IM) typically has a dual reality in any organization. Stand Alone Inventory Management (SAIM) is the traditional inventory management that immediately comes to mind which includes tasks such as good inventory data and reporting, safety stock, reorder, and measuring the inventory position against KPI. This blog will provide some basic information on CPIM to balance the SAIM focus of these webinars and most importantly position the two so that the oversight of inventory is co
Governmental stay-at-home orders during the pandemic motivated most consumers to increase their online buying behavior — making residences a destination of choice for their purchases. The staff at ShipChain explains, “Final Mile, also commonly referred to as Last Mile, refers to the very last leg of any shipment’s journey: from the transportation hub to the end-user.
In an integrated supply chain, organizations can act proactively throughout the supply chain in order to avoid breakdowns and improve overall efficiency.
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
Complexity around the world due to social, medical and confrontational disruption seems to be the new norm. Serious viral infections have been on the rise for many years and will be with us forever. Now, is the time to advance the state of your inventory planning by incorporating solutions based on scientific inventory optimization algorithms.
Especially in the current crisis, it can be enormously important for companies to recognize supply chain bottlenecks early on in order to be able to act directly.
Especially in the current crisis, it can be enormously important for companies to recognize supply chain bottlenecks early on in order to be able to act directly.
Quality issues can arise at any point in the supply chain, and unresolved quality issues can be costly — particularly if quality issues aren’t discovered until a product has already reached the market. It’s crucial to implement quality measurement and control processes to identify and address quality issues early. Optimized supply chains help companies control quality and manage risk, and companies with optimized supply chains typically have a 3x faster cash-to-cash cycle than those with under-o
Operating in the supply chain world, it’s hard to not come across terminology like supply chain planning 4.0, “light touch” planning or “lights out” planning. All have generated a lot of hype over the past few years … and for good reason. Considerable progress has been made in technology in recent years, continuing at a dizzying pace. Autonomous development is happening in most major car companies with the promise of self-driving cars everywhere within a few years.
How about a software that allows your company to track all your suppliers while reducing risk to supply global chain operations? And a system of cameras and Artificial Intelligence to spot electronics-manufacturing deficiencies during assembly?
It is an essential prerequisite that for a supply chain to operate effectively, complete visibility, traceability, and accountability must be in place. Leveraging the power of data ensures you not only know where your inventory is but also the status of all the components and products en route from manufacturer to the final destination at any given time.
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.
In this episode of Be Ready for Anything, hear from Tommaso Chierchia, ToolsGroup’s Director of SOExpress Delivery, about the primary types of supply chain risk arising out of COVID-19, and how organizations can proactively minimize their exposure. We cover how to minimize manual intervention, what strategies have proven most effective in the COVID era, and how to speed your recovery.
As customers continue to shop online through the remainder of the year, the demand on reverse logistics—particularly the process of managing returns—will skyrocket. It’s the same story; customers want more and more. And, it’s time for businesses to really consider the facts. “The global reverse logistics market is forecast to hit US$603.90 billion by 2025,read More.
Medtronic MDT has been engaged in a digital transformation. This includes building out a digital twin of their end-to-end supply chain to make it easier for people to make better and faster supply chain decisions. The company has built a data lake to feed LLamasoft’s Supply Chain Analytics Platform, llama.ai, to create their supply chain digital twin.
“Does everybody have a mask?” It’s the last question my wife or I ask our teenage kids these days before we pull out of the garage to venture out somewhere. Many years ago, when the kids were all little, we would often ask, “Does everybody have shoes on?” before we drove away. Why would a. Read more Above the Fold: Supply Chain Logistics News (July 10, 2020).
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 chemical industry faces a unique set of challenges regarding safety in their logistics operations. The transportation of chemicals requires next-level care and expertise as it deals with sensitive and potentially dangerous materials. Errors in shipping chemicals that are hazardous can have serious consequences. While logistics operations are typically intricate by default, shippers and manufacturers […].
Supply chains face an ongoing crisis with the threat of rising demands across consumers and business-to-business purchasers. Unfortunately, the rising demand is a true risk to the state of reverse logistics. As companies look for ways to meet the rising demand, it is easy to abandon sustainability goals and focus solely on getting things accomplished.read More.
ShipChain is honored to have been selected as a finalist for the 13th Annual Ventana Research Digital Innovation Awards in the Operations and Supply Chain category. According to the press release put out by Ventana Research , “this award is for a technology vendor that best exemplifies innovation in the technologies that support the operations or service/supply chain.”.
A little over a year and a half ago I saw Hamilton in Boston. The show was incredible, but I always wondered if I missed out by not seeing the original cast on Broadway. When I initially heard that Hamilton was set to hit the big screen in 2021 with a filmed performance by the original cast, I was pretty excited. With coronavirus shutting down theatres, Disney spent $75 million for the rights and released […].
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.
A supply chain can make or break your business. In eCommerce, for example, slow delivery of products is one of the most important growth barriers that often lead to being outcompeted. In fact, it’s also in the top five reasons why people choose to abandon a product in the shopping cart in an online store.read More. The post 5 Things You Should Consider before Writing a Supply Chain Policy appeared first on Transportation Management Company | Cerasis.
There are a lot of supply chain planning solutions out there. Why choose ToolsGroup? It’s simple: Our perfect blend of technology and human expertise. The tailored guidance our clients get from our expert consultants is what makes the difference. A powerful solution built on machine learning combined with a tireless drive to get it right for our customers is what keeps so many of them with us year after year.
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This week’s blog comes from Oracle, and examines how the global supply chain responds to turmoil. Disruptions can come in many sizes. From those smaller, everyday disruptions of machines going down, unexpected orders, suppliers missing, or shorting shipments – issues businesses deal with every day, every week, every month. […].
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.
The IPCC defines the world’s remaining carbon budget as the cumulative net global anthropogenic CO 2 emissions to the time that emissions reach net zero that would result in limiting global warming to a given level, accounting for the impact of other anthropogenic emissions. In other words, it allows us to calculate how much CO 2 can still be released to limit global warming to a maximum of 1.5°C and 2°C, respectively.
Analytics can be used to improve operations throughout the entire supply chain, but the role of analytics is often applied to warehouse operations and forward logistics. In other words, analytics are associated with today’s warehouses and supply chains in the direction of a supplier to customer. However, reverse logistics can benefit from analytics as well.read More.
Adaptability is key to survival, whether we’re talking about organisms or organizations. For organisms, the strategy is simply to survive, but organizations, regardless of the industry, size, or location, have an additional objective. That objective may be profitability, service, entertainment, or some other value. But regardless of the mission, all organizations must adapt to continuous change to thrive.
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.
As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. There are many supply chain management lessons to learn from the Covid-19 crisis. However, some organizations are better prepared to weather this storm than others. Many of these organizations are already using Source-to-Pay technology and are now realizing more than ever that technology is a “must have” to ensure their supply chain remains resilient and agile throughout a
The phrase digital transformation is all around us. Many companies have embarked on a digital transformation journey. However, it is critical to realize that access to data does not equate to insight or value. Humans have a limited ability to first understand what data is important and second to conduct the analyses necessary to make the right decisions.
What Does FreightWaves Do with Dooner. Tim Dooner and Joe Lynch discuss the topic, What does FreightWaves do. FreightWaves is a freight industry leader in data and analytics, logistics industry news and commentary. As one of FreightWaves’ leading voices, Dooner shares his interesting and spirited insights on FreightWaves, podcasting, careers and content marketing.
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