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By collaborating with universities and colleges, companies can help develop a new stream of supply chain talent that’s ready to take on the present and the future. Blurring the lines between academia and industry has always been the “Holy Grail” for universities that would love nothing more than to have real-time insights into exactly what companies want and need from their supply chain program graduates.
Think about how much has changed in the last six months – supply chains halted, delayed orders, even entire business shutting down. Unfortunately, when it comes to macroeconomic disruptions like this, it’s not a matter of if but when. Disruptions are going to strike again – don’t get blindsided. It’s arguably never been more important to have a 360° view of your suppliers than it is right now.
Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Supply chain professionals know it can be extremely challenging to drive day-to-day operational excellence and pursue innovation at the same time. Our recent survey showed that only 17% of organizations make it a priority to invest in innovation. Firefighting is the norm. It can also be challenging to decide where to invest.
In my work with clients, customers bandy about the term “customer-centric supply chain.” I find most of these discussions are loquacious, even bellicose, but not actionable. As a pragmatic gal, they make me itch. I have a passion for clear and direct communication. I think that we should earn a five-star rating with customers every day.
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
My journey in Accounts Payable started back in 1998, when I worked on my first Accounts Payable automation solution combining scanning, OCR and workflow. It was a fun project and it felt like the first step towards something more powerful. After this came the next AP Automation project, and ever so slowly, innovation just became the norm, now it’s legacy Invoice Processing.
For many companies, COVID-19 has put enormous pressure on existing storage and fulfillment centers. If this sounds about right, you might be wondering if you should invest in a new or bigger or better facility, or improve the one you have. Analyzing variables such as facility layout, racking, slotting, and material handling equipment will give … The post Warehouse Design: How to Extend the Life of Your Facility appeared first on Chainalytics.
Peak season is rapidly approaching once again and always seems to overwhelm supply chains. The upcoming peak season will probably set an all-new bar for future peak seasons to come, especially during uncertainty and the onset of the global pandemic. And ensuring an omnichannel experience for suppliers, businesses, and consumers is paramount for a successful.read More.
Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Supply chain professionals know it can be extremely challenging to drive day-to-day operational excellence and pursue innovation at the same time. Our recent survey showed that only 17% of organizations make it a priority to invest in innovation. Firefighting is the norm. It can also be challenging to decide where to invest.
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 McKinsey Global Institute (MGI) has recently published a new report: Risk, Resilience, and Rebalancing in Global Value Chains. The authors show that becoming more resilient does not have to mean sacrificing efficiency. Their research highlights the many options for strengthening resilience. They argue that “[companies] have an opportunity to emerge from the current crisis more agile and innovative.
Fill out the Form Below to Get a Free Copy of the White Paper to Your Inbox! The need to create a more decisive competitive advantage and meet the growing demands of e-commerce peak season continue to force evolution in the global supply chain. Among shippers, differentiation in the supply chain rests at the crossroads.read More. The post [WHITE PAPER] E-Commerce and Peak Season: Trends Driving the Industry Forward Through Peak Season appeared first on Transportation Management Company | Cerasis
With companies relying increasingly on complex global supply chains, their need for verifiable manufacturing ethics and supplier transparency is growing.
It’s been one of those mornings,one of those weeks, in one of those years. With no time to spare, here is the supply chain and logistics news that caught my attention this week: Uber Sells Stake in Freight Unit to Private Investors (WSJ – sub. req’d) Now IMO is hit by cyber-attack, as CMA CGM. Read more Above the Fold: Supply Chain Logistics News (October 2, 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
In a normal year, Amazon launches its Prime Day sales extravaganza in the middle of summer. Well, as we all know, this is not a normal year. So, Amazon had to postpone its annual sale due to the impact coronavirus had on demand and shipping capabilities, with a promise of Prime Day at a later date. Well, the date has been announced. Amazon will hold Prime Day on October 13 – 14, with a heavy […].
Peak season gets more extensive and more demanding every year. And the upcoming peak season is expected to shatter records. As reported by Supply Chain Dive, “2020 has been a slow year for retailers due to the COVID-19 pandemic, and the upcoming sales are a great opportunity to boost sales and make up for the.read More. The post Inventory System Concern: Should Companies Always Maintain Peak Season Stock?
Using Invoice-to-Pay to create a top performing Accounts Payable Team. The performance of your Accounts Payable department can have a significant impact on the organization. Recent trends have increased the strategic importance of an effective, transparent Invoice-to-Pay process, managed by AP. Increased outsourcing has made businesses increasingly dependent on suppliers to drive innovation.
Back in the late winter / early fall of 2020, the whole world became intimately familiar with the detailed innerworkings of the supply chain profession.
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.
The cyberattack is raising concern about disruptions to supply chains already straining to move goods heading into the usual peak season for consumer demand.
By Richard Parke (pictured). SVP of Supplier Services at Avetta. The post Staying Connected Protects Mental Health during the Pandemic appeared first on IT Supply Chain.
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.
Hong Kong’s finance chief pushes for lead role in global supply chain Paul Chan Mo-po, Hong Kong’s finance chief, is pushing for adaptation to a city that has been hit…
By Anthony Chadd (pictured). SVP of Security Business Development, Neustar. The post United Healthcare Services cyber attack: The ceasefire against medical organisations has now eneded appeared first on IT 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.
Hindsight — understanding of a situation or event only after it has happened — is important; however, foresight — the ability to predict or the action of predicting what will happen or be needed in the future — is even more important. Companies that had the foresight to embrace online (omnichannel) operations prior to the pandemic have been richly rewarded.
Overview. As supply chain companies transition to the cloud, some fear the loss of custom processes and workflows. RFgen mobile barcoding apps for Oracle SCM Cloud can augment ERP capabilities and preserve unique functionality to create a mobile supply chain. Out-of-the-box transactions automate receiving, picking, inventory movements, cycle counting, manufacturing work orders, and more with dynamic online/offline connectivity.
Why Logistics Management is the Need of the Hour in the Middle East? The global pandemic has caused a ruckus in the economy but logistics has risen as an efficient place of access for consumers with doorstep deliveries and minimum human interaction. The scenario and challenges faced by logistical corporations globally are generally common except Middle East countries, which have uncommon issues such as imprecise locations.
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