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Supply chain disruptions are continuing to occur for a variety of reasons. Weather delays can affect shipping lanes, manufacturers face product shortages, demand continues to spike for certain products, containers are difficult to acquire, and the trucking industry faces a driver and capacity shortage, just to name a few. One issue that does not get talked about as much, however, is supply chain fraud.
An article published earlier this year in Supply & Demand Chain Executive carried the headline: “3 Reasons Why Blockchain is the Future of Supply Chain.” That’s a pretty bold statement considering the fact that numerous challenges lie ahead for a fuller utilization of blockchain technology in the supply chain. Journalist Akhilesh Prabhugaonkar, author of the article, insists this bold prediction is based on the basic features of blockchain technology, namely: a decentralize
So far, 2022 has come with many ups and downs, with uncertainty remaining certain. We’ve seen supply chain shortages, supply chain recoveries, skyrocketing prices and much more.
Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. Redwood City, CA, July 12, 2022 – Manufacturers are working to accelerate digitization initiatives to manage supply chain disruptions in 2022 and beyond, according to an original survey commissioned by Ivalua , a leading global spend management cloud provider.
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
The rise in fuel costs, especially diesel, is significantly impacting the bottom line of many B2B companies such as distributors and wholesalers. While the transportation department bears the brunt of high fuel costs, it may not have much ability to mitigate the impact of these costs on the broader business as many of the causes of high fuel consumption come from outside the transportation department.
Steve Elwell and Joe Lynch discuss why supply chain disruptions are here to stay. Steve is he Managing Director of Haxlar , an integrated manufacturing solutions provider, delivering design, manufacturing, sourcing, supply chain, and product management services for a wide range of industries. About Steve Elwell. Steve Elwell is the Managing Director of Haxlar , a contract manufacturing company that offers custom-tailored, flexible, and highly competitive contract manufacturing solutions.
Supply and Demand Chain Executive honors results-proven partnership with large U.S.-based furniture manufacturer. ATLANTA, GA (July 14, 2022) – Logility, Inc., a leader in supply chain innovation powering the sustainable and resilient enterprise, has been honored by Supply & Demand Chain Executive , the only publication covering the entire global supply chain, as a recipient of the Top Supply Chain Projects Award for 2022.
Today’s logistics teams are operating in an environment characterized by uncertainty on three fronts. Customers’ needs and expectations are constantly changing. The available talent pool of drivers, warehouse associates and other employees is small, which creates staffing volatility. And their operating conditions are extremely challenging and unpredictable, from skyrocketing fuel costs and tariffs to blocked shipping lanes and ongoing geo-political conflict.
The most natural part of life is finding like-minded people to connect with. As a result, we develop communities to feed that desire––to feel like we’re a part of something greater than ourselves, in an environment built on trust and similar interests, and to reach collective goals. Now, with an abundance of online communities, we can not only add value to our personal lives but also enrich the way we work.
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 recent years, consumers have become increasingly interested in shopping sustainably. With that increasing interest has come a lot of confusion — 64% of Americans are willing to pay more for sustainable products, but 26% don’t know how to identify them.
Supply Chain Job Boards are aplenty, but how do we classify the ones worth our time as SCM Professionals? To help answer this question and reduce time wastage going through multiple platforms, we ran a survey based on recommendations provided by several professionals on supply chain job boards, including those I have tried over time. The platform includes supply chain entry-level jobs and supply chain remote jobs.
Goods-to-Man Robot at an Amazon Warehouse. Last Tuesday, Amazon issued a press release that highlighted the company’s investments across its global operations network to provide fast delivery for customers. Prime Day is July 12 th and 13 th. On Prime Day, Prime members in 20 countries have access to deals on everything from top national brands to products from third-party sellers.
Turning Planning & Optimization into Cool Operations. Summer is here, and for many of us this season brings some of the hottest days of the year. For those looking to beat the heat, ice cream is always a sweet, cold treat. Now whoever thought about this wonderful idea in the first place? And how far has ice cream come since its invention? Here’s the skinny!
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
About 70,000 truck owner-operators who form the bedrock of California’s transport industry are in limbo as state-level labor rules start applying to them, creating another choke point in stressed U.S. supply chains.
Procurement Leaders Webinar. Speakers: Arnaud Malardé, Ivalua | Hélène Vermont, Michelin Group. With mounting pressure for organizations to make tangible contributions to Environmental, Social, and Governance (ESG) initiatives, the procurement function must strategize to implement and report their collective efforts. Buyers are expected to scrutinize every aspect of the purchasing process to identify ways to reduce their carbon footprint, source sustainable materials, and promote diversity.
The other day I noticed a bug in my house and quickly said to my brother-in-law standing next to me “l ook at that bug! nasty.” He quickly replied as I moved toward it with a paper towel “ don’t smush it. It’s a stink bug. ” I said, “what is a stink bug?” He went on to inform me about stink bugs and how they smell terrible when smushed. I was naïve to this type of bug I had never seen and decided to Google it.
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.
Drew McElroy and Joe Lynch discuss the Transfix story. Drew is a Chairman and Co-Founder of Transfix , a market-leading, next-generation freight platform transforming the traditional and digital freight sector while bringing transparency, trust, and sustainability to the transportation ecosystem. About Drew McElroy. Drew McElroy is the Chairman and Co-Founder of Transfix.
“Do you ever find yourself looking back? To the way things were? To how you used to be?” asks Craig Jarrow ( @TMNinja ), author of Time Management Ninja. “While you may long for the ways of yesterday, they are just that, yesterday. After all, the past is in the past. You must live in the present.”[1] That’s a message supply chain professionals and politicians need to grasp as they grapple with current supply chain snarls.
For decades, ASEAN manufacturing, once seen as a global phenomenon, had been overshadowed by the meteoric rise of Chinese factories. In 2019, China accounted for 28.7 percent of global manufacturing output and was regarded as the world’s manufacturing superpower. Of course, the pandemic then hit global shores, not to mention the ripple effects of global trade wars.
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.
For decades, businesses across industries have faced a particularly thorny problem: the disconnect between demand, procurement and supply chain management. .
Now the supply chain transformation begins in earnest. The design of the sought-after future state and the planning of a detailed development roadmap are at a critical stage. It will lead to either a timely completion or make the path ahead bumpier and costlier than necessary. This is the third in a four-part blog post … The post Future State Design and Detailed Roadmap Development: Kicking Off the Transformation appeared first on Chainalytics.
As supply chain disruptions continue the procurement function should adapt to improve transparency, build collaborative relationships, and ensure sustainable sourcing practices, resulting in a stronger, more resilient supply chain with Cloud ERP for manufacturing. Manufacturers rely on materials sourced from volatile markets, subject to shortages and price instability amongst other things.
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 adoption of tactical “firefighting” rather than a strategic approach should sound alarm bells, not least because of the missed opportunity to revolutionize supply chain planning. .
This Ferrari Consulting and Research Group advisory brief provides added perspectives on premium personal fitness equipment and services provider Peloton Interactive , the litany of events that have surrounded the company, and some lessons acquired. This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout.
By Kevin Curran (pictured). Professor of Cybersecurity, Ulster University. The post Worrying trend for businesses as UK homeworking more than doubles since 2019 appeared first on IT Supply Chain.
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