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Companies around the world are grappling with how to deal with a potential Coronavirus outbreak. Here’s what they’re doing, and how it could affect their workers – various organizations have already taken precautions like restricting travel to affected countries or big international conferences. Some employees have been asked to stay home because they visited a… The post Pandemic Response – Can we use it as an opportunity to upskill?
Supply chain leaders often interchangeably refer to both a warehouse management system and an inventory management system as one and the same. However, systems used to manage inventory refer to the combination of technology, including hardware and software, for the following: Product identification Product matching to orders Data analysis Product labeling and management Documentation Reporting The use.read More.
Part 2 of a 3-Part Series on Airports by Isaac Benzaquen and Jerry Schwinghammer. Tomorrow’s airport cannot be achieved with yesterday’s solutions. With today’s old airport technology, the challenges will be difficult to overcome. In all the pressures an airport is experiencing it is important to see these challenges as an opportunity to significantly change for the better.
As I flew to Dallas, I worked on this post. Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.
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
Here’s your two-minute guide to understanding and selecting the right descriptive, predictive and prescriptive analytics for use across your supply chain. With the flood of data available to businesses regarding their supply chain these days, companies are turning to analytics solutions to extract meaning from the huge volumes of data to help improve decision making.
Here’s your two-minute guide to understanding and selecting the right descriptive, predictive and prescriptive analytics for use across your supply chain. With the flood of data available to businesses regarding their supply chain these days, companies are turning to analytics solutions to extract meaning from the huge volumes of data to help improve decision making.
Technology is playing a growing role across the transportation management landscape, especially in the third-party logistics (3PL) and freight brokerage markets. On the one hand, you can argue that technology is disrupting the status quo. On the other hand, you can argue that it’s helping to level the playing field. How is technology helping brokers, Read more How Technology Helps Freight Brokers Remain Competitive in the Market.
The business case for dock scheduling software will make or break C-Suite approval for the investment. Unfortunately, the rise of thousands of software vendors and the proliferation of random information on the internet leaves CFOs suspicious of any new system. At the same time, CFOs have a responsibility to improve cost management and save the business money, and dock scheduling software is in the perfect position to achieve these results.
According to Supply Chain Digital Magazine, many manufacturers are falling behind with more than two-thirds of them being unable to provide data-driven analytical information to support their business decisions.
Start making your contingency plans for coronavirus immediately. Here are 20 things to keep in mind. The post Start Planning for the Coronavirus Now! 20 Things to Keep in Mind appeared first on Logistics Viewpoints.
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.
Take a moment to think about the state of last-mile logistics in the last year. An argument does exist for the continued support of last-mile innovation and a relentless push to build better customer experiences within the final mile. Unfortunately, supply chain professionals can get so wrapped up in the logistics of the final mile,read More. The post Trends in Last-Mile for 2020 appeared first on Transportation Management Company | Cerasis.
Everyone is working hard to figure out how to stay safe, what is going on, how to minimize the impact to our personal lives and the companies we work for, and to plan for the future. Over the last few weeks, I have spoken with several of our customers as well as industry analysts from ChainLink Research, Gartner and IDC to gain some additional perspective on how the supply chain is coping with this quickly escalating risk.
Coronavirus is certainly making an impact on the world, and more cases continue to pop up in the US every day. Over the past few days, the NBA, NHL, and MLS have suspended their seasons, MLB is postponing spring training and the start of the season, the NCAA men’s and women’s basketball tournaments have been canceled, the BAA has postponed the Boston marathon until September, most conferences have been canceled or postponed, multiple states have […].
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
Artificial intelligence, virtual reality and robotics have all become hot topics when it comes to the future of the supply chain. Advanced robotics are already being utilized in warehouses around the world. As robots continue to prove themselves through real-life applications, this field of technology is on course to solidify its presence in warehousing.
The leading inbound freight trends for 2020 reveal a stronger push to improve inbound logistics efficiency and lower barriers to inventory management stress. Shippers that take time to understand these trends can position their organizations for success. 1. Strategic Partnerships With Suppliers Will Dominate the Industry With the coronavirus well entrenched in supply chain disruption,read More.
It’s only March, but we already have a winner for “Word of the Year” for 2020: canceled. Last Friday I wrote about industry conferences getting canceled due to the novel coronavirus, but in just the past few days, almost everything has been canceled or suspended this month: schools, concerts, sports, religious services, and the list. Read more Above the Fold: Supply Chain Logistics News (March 13, 2020).
The current coronavirus outbreak is an example of an economic shock that elevates uncertainty and complicates forecasting. ARC European analysts Florian Güldner and David Humphrey conducted a thorough scenario analysis on the potential impact of the corona virus on automation markets and supply chains. This analysis provides a useful framework for. The post Logistics Technology Market Forecasting Under Uncertainty appeared first on Logistics Viewpoints.
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.
BOSTON (March 10, 2020) ToolsGroup, a global leader in supply chain planning software, today announced new demand sensing resources to help companies ready their supply chains for the unparalleled risk that analysts predict for this decade. Along with intelligent, AI-driven demand sensing software tools, ToolsGroup has launched new educational resources including the ebook “ Why You Should be Using Demand Sensing to React Faster to Market Changes.
Listen to “Case Study_How Freight Tech Innovation Provided Efficiency & Reduced Freight Costs” on Spreaker. Freight & Logistics Technology Resources 2020 Strategic Freight Management Trends Download White Paper An Introduction to Blockchain and Its Potential Benefits and Drawbacks in Supply Chain Management Download White Paper Revenue Growth At The Hand Of Improved Digital Supply Chains.read More.
Every day, the COVID-19 situation continues to evolve. Thousands of lives worldwide have been disrupted, and there’s no way to measure the human toll. Alongside that is the incredibly difficult task of measuring supply chain effects throughout the rest of the year. Manufacturers, distributors and retailers are trying to understand what this will mean for.
Blockchain, a technology famous for its application in cryptocurrencies like Bitcoin, is being explored by automakers as a way to improve security in increasingly connected vehicles. As the average car gets closer to being fully connected, electric, and/or autonomous , there will be a corresponding increase in the need for a more evolved database to match – and blockchain is shaping up to be the answer.
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.
Today we celebrate International Women’s Day. This occasion gives me the opportunity to talk about the fact that our academic discipline is largely dominated by men. In a recently published analysis, Babbar et al. (2019) identified the top 50 SCM authors world-wide based on a measure of publication score. It turns out that less than 10 out of these top 50 authors are female.
Finding the correct warehouse management system (WMS) for your operation must be based on assumptions about the specific industry. Even though Walmart and Amazon have found paths that work for them, these paths may not translate into feasible strategies for your organization. However, the right WMS will provide key benefits to the warehouse, workforce, transportation.read More.
As we entered the new year, many of us no doubt set personal resolutions (64.6% of adult Americans according to a recent survey ). Lose a few pounds. Save a little more each month. We do the same at work, typically in the form of MBOs. For Procurement leaders, that typically translates into saving a few percent here. Improving efficiency by some level.
2020 has been a wild year for supply chains all around. With all of the changes and global shocks, it’s important to pay attention to what’s going on in order to help prepare your business for the future. Here are some trends to pay attention to in 2020. Artificial Intelligence in Supply Chain Planning. Artificial intelligence has been a big buzzword in business circles for several years now, and it gets more powerful every day.
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 we prepare to mark International Women’s Day (Wednesday, March 8th), we reached into our network of impressive female procurement executives, consultants, and thought leaders. They provided us with frank insights about the unique opportunities for impact within procurement, what we can do to make procurement a more inclusive profession, and – most importantly – why they LOVE procurement. .
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