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In an era where technological advancements are necessary for staying competitive, the digitization of supply chains represents a pivotal shift in operational excellence.
9 Steps to Improving Supplier Collaboration for Competitive Advantage The strategic value of suppliers has been growing, and so has the need to rely on their performance and partnership. Supplier collaboration serves as the foundation for supply continuity, agility, risk management, and resilience when disruptions occur. Making key suppliers more like business partners than cost-reduction entities.
Home October 23, 2024 The Future of Pharmaceutical Logistics and Online Pharmacies Mary Hart , Senior Content Marketing Manager In recent years, there has been constant change in how goods are moved and delivered, but few changes have been as impactful as the surge in e-commerce. As online shopping has steadily grown — now representing over 20% of total retail sales according to recent data from the U.S.
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 businesses become increasingly global, professionals in the supply chain field must keep up with new technologies, trends, and best practices. With numerous platforms offering online courses, including edX supply chain courses and SCMDOJO academy , it can be challenging to choose the one that best fits your needs, especially when it comes to specialized fields like supply chain management.
Imagine stepping onto the factory floor, not to the usual hum of machinery, but to a chorus of alarms, news of a key supplier’s financial collapse, and news of a cyberattack on your systems. This might sound like a scene from a disaster movie, but in the world of manufacturing, such risks are not just possible – they’re probable. The complex and interconnected nature of modern manufacturing operations makes them vulnerable to a wide array of threats, from operational disruptions and
Imagine stepping onto the factory floor, not to the usual hum of machinery, but to a chorus of alarms, news of a key supplier’s financial collapse, and news of a cyberattack on your systems. This might sound like a scene from a disaster movie, but in the world of manufacturing, such risks are not just possible – they’re probable. The complex and interconnected nature of modern manufacturing operations makes them vulnerable to a wide array of threats, from operational disruptions and
By Peter Kogut (pictured) Scientist at EOS Data Analytics The post Improving Supply Chain Management with Satellite Data appeared first on IT Supply Chain.
As supply chain management advances, efficiency in fulfillment operations has become more critical than ever. With the rise of e-commerce and increasing customer expectations, businesses are turning to automation to stay competitive. This blog post aims to guide supply chain managers, warehouse managers, operations managers, logistics managers, e-commerce businesses, and technology enthusiasts through integrating robotics into fulfillment processes.
Stealth? What made me think of that word? Do you remember that playground game called Statues ? One person is the 'Museum Curator' and stands at the end of a field or yard. Everyone else stands an agreed distance away and the aim of the game is for a 'Statue' to touch or tag the Curator without being seen moving.
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.
President Obama signed the Affordable Care Act into law in 2010. The new law meant that the way medical systems operated had to change. Expanded health insurance coverage led to increases in the demand for care. The ACA led to a move away from fee-based services and toward compulsory value-based payment initiatives. This lowered hospitals’ margins and created an impetus for hospital chains to begin to tackle costs, but to do so in a manner that did not compromise patient outcomes.
The winds of change transform industries. Does a digital transformation add value? Who knows? There is no standard definition. In the supply chain management industry, words swirl but lack definition. There are many claims but no clear definition. Will we transform and improve supply chain planning systems based on AI? Again, who knows? In the sea of hype, there are few definitions but a lot of hand-waving.
One of the hard lessons companies have learned about e-commerce is that everything can go according to plan right up to the time a customer clicks the “Buy” button, but if you don’t get the order fulfillment process right, it can have negative consequences — not only with regards to customer experience and satisfaction, but. Read more The post Omnilife: An E-commerce Fulfillment and Delivery Success Story appeared first on Talking Logistics with Adrian Gonzalez.
Last week, a team from Blue Yonder attended the 2024 Gartner ® Supply Chain Planning Summit in London. The theme of this year’s conference was “Generating Value Together: Beyond Accuracy, Toward Intelligence.” In our opinion, while forecast accuracy used to be the number one priority for supply chain planners, the event put forward the importance of intelligent decision-making to balance multiple objectives when planning — such as margins, cash and growth — to drive real value from operations.
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
5000 developers are working on product enhancements and extensions to the SAP spend management suite. This is the largest area of investment for the company outside of ERP. With that level of investment, one would expect an aggressive product buildout. At SAP Spend Connect Live, held October 14-16 in Las Vegas, SAP did make several significant product announcements.
What are Common Supply Chain Pain Points Distributors Can’t Ignore? Managing a distribution supply chain can feel like a constant battle. With so many moving parts—suppliers, inventory, and logistics—distributors often find themselves stuck dealing with one crisis after another. But for those looking to grow and thrive, it’s essential to understand the common pain points and find practical ways to address them.
Do you still wear a mask? There is an older gentleman who goes to my gym. He still wears a mask. But it’s always on his chin. It doesn’t cover his mouth and nose at all. When people walk up to him to chat, he doesn’t pull it up. He keeps it there, on his. Read more The post Above the Fold: Supply Chain Logistics News (October 25, 2024) appeared first on Talking Logistics with Adrian Gonzalez.
This is the first blog post in a series on the tactics and benefits of deploying a comprehensive kitting solution. Holiday kitting isn't merely about bundling products; it's about crafting experiences that sparkle with the same joy as a perfectly selected and wrapped present. Much like an advent calendar that counts down to the big day with 24 unique treats, or a curated health and beauty set, kitting has become the secret ingredient for surprising and delighting your customers all year round.
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.
Amazon is making significant investments in nuclear energy, focusing on Small Modular Reactors (SMRs) as part of its goal to achieve net-zero carbon emissions by 2040. Following recent clean energy initiatives by Google and Microsoft, Amazon has partnered with X-energy to bring over 5 GW of new nuclear power online by 2039. The company plans to deploy SMRs at multiple locations, including four 80-MW reactors at Columbia Generating Station and a potential 300-MW plant near Dominion Energy’s North
What is Vendor Relationship Management (VRM) and Why It’s Essential for Your ERP and Inventory Software? Strong vendor relationships are critical for business success, especially when it comes to managing inventory and procurement. Vendor Relationship Management (VRM) helps businesses manage supplier interactions, track performance, and ensure smooth procurement processes.
There’s a chill in the morning air, the leaves are turning, and the sun is setting earlier each day. Yes, we are well into Q4, that magical time when supply chain and logistics executives have to balance the demands of the upcoming holiday season with planning and budgeting for the year ahead. Add in the. Read more The post Top Talking Logistics Posts & Episodes – Plus Indago Highlights (Q3 2024) appeared first on Talking Logistics with Adrian Gonzalez.
Essential Guide to Supplier Collaboration Supplier collaboration is redefining success across industries. It’s no longer just about maintaining good relationships; it’s about turning those connections into engines of innovation, efficiency, and sustainability. Strong supplier partnerships drive new product development, unlock cost efficiencies, and ensure supply chains are adaptable to changing market conditions.
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 Supply Chain Matters blog provides perspectives relative to despite having a tentative back-to-work wage negotiation, the outstanding issue of port automation provides added concerns for global industry supply chain teams. Background In early October, The International Longshoremen’s Association (ILA) and the United States Maritime Alliance agreed to a tentative deal on wages , temporarily ending a port strike that impacted 14 different U.S.
The automotive industry is grappling with many challenges as it transitions to electric vehicles (EVs), while simultaneously navigating volatile production schedules, tightening regulatory compliance, and placing rising pressures on supplier relationships. These challenges underscore the complex and often transactional nature of relationships between customers and suppliers.
Table of Contents Procurement and supply chain professionals today are under enormous pressure. Managing increasingly complex global networks, staying compliant with ever-changing regulations, and navigating unexpected disruptions have all become part of their daily routine. What’s more, they’re overwhelmed with data — too much information, too little time to act.
Supplier Collaboration: Fundamental to Elevating Manufacturing Performance Supplier relationships are at the heart of manufacturing performance. By selecting and developing the right suppliers and establishing streamlined, transparent communication with them, manufacturers gain the agility and resilience to respond to customer demands, rise to the top, and navigate disruptions more easily.
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 Supply Chain Matters industry commentary highlights reports of suspected E-coli related illnesses linked to certain McDonald’s menu items. We argue that this incident is likely to provide a threshold for added industry actions more focused on food safety inspections and quality control processes. McDonald’s Brand the Subject of U.S. Wide Headlines U.S. wide multi-media headlines both yesterday and today are reporting that an E.Coli bacteria outbreak impacting a number of U.S. states h
Spooked by rising inflation and shrinking profit margins? You’re not alone. Unfortunately, recent inflation has made everything frighteningly more expensive. From raw materials to shipping and storage, businesses across the U.S. have been plagued with logistical nightmares. After years of record-high inflation rates, the U.S. inflation rate has finally hit a three-year low at 2.5%.
Jebel Ali Port Central for U.S.- Bound Shipments, Global Transshipping and Persian Gulf Oil WASHINGTON , Oct. 24, 2024 – Exiger , the market-leading supply chain and third-party risk AI company, today released proprietary research generated by its AI platform 1Exiger that identifies the sectors most vulnerable to a potential blockage in the Strait of Hormuz, which hosts the world’s twelfth busiest port, Jebel Ali.
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