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by Nazli Erdogus The EU’s General Data Protection Regulation (GDPR) is the most important change in personal data privacy regulation in 20 years. It’s aimed at tech giants and small and medium enterprises alike. As we count down the days until the GDPR enters into force on May 25, it’s important to recognize how your supply chain is affected and how it can become GDPR compliant.
Control Towers offer many benefits to companies managing complex supply chains. They can provide the basics like visibility across suppliers, The post The Supply Chain Control Tower Quiz appeared first on The Network Effect.
Ten calls. They are all starting to sound the same. Here is the storyline: “We implemented SAP APO, and we now know its limitations. We have tried SAP IBP and are not impressed. Since SAP is not investing in improving the depth of their solutions for planning, we are looking for a new solution. Can you help us select a new approach? Which of these vendors do you suggest?
Using the Gartner Demand Planning five stage maturity scale, analyst Mike Griswold estimated on a recent call that retailers as a group averaged just 2.3 out of 5.0, leaving money on the table due to poor inventory performance. In a competitive vertical with thin margins, leaving any money on the table can have big performance repercussions. But, he says, with the right strategic plan, a retailer can make the jump to stage 3 supply chain planning, and greater profitability, in just 12-18 months.
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 wrong retail inventory management strategy increases carrying costs and makes it impossible to stay competitive. Common obstacles encountered when it comes to effective inventory management include having poor visibility into fast-moving versus slow-moving product, extensive travel times between bin locations, and lost revenue due to poor labor productivity.
Disruption is normally anathema in the supply chain. Formally defined as a disturbance or problem that interrupts an event, activity, or process, disruption means a supply chain that was once functioning smoothly is no longer doing so. When it comes to IoT implementation, however, disruption might not be a bad thing. In the long run, think of it in terms of an advertising slogan coined by Coca-Cola in 1929, “the pause that refreshes.” Dan Roberts, a Senior Consultant at Cambashi Limi
Disruption is normally anathema in the supply chain. Formally defined as a disturbance or problem that interrupts an event, activity, or process, disruption means a supply chain that was once functioning smoothly is no longer doing so. When it comes to IoT implementation, however, disruption might not be a bad thing. In the long run, think of it in terms of an advertising slogan coined by Coca-Cola in 1929, “the pause that refreshes.” Dan Roberts, a Senior Consultant at Cambashi Limi
BASF uses real-time visibility to improve their service capabilities. They implemented a solution from MacroPoint, a Descartes company, to improve their delivery reliability as well as improve the productivity of the transportation providers they use to service the North American market. But implementing great technology is not enough. Getting the most out of software also requires dealing with both internal and partner cultural issues and improving processes.
Dave Allen, a supply chain thought leader with a history of transforming supply chains at major consumer goods companies, share. The post How Digitalization Holds the Key to Retail and Consumer Goods Success appeared first on The Network Effect.
A few weeks ago at the Descartes Evolution 2018 User Conference , I had the opportunity to interview William Wehrle, Director of Supply Chain at BASF, and David Bazzetta, Business Advisor – Process Optimization at BASF, about the importance and value of having real-time freight visibility. Before BASF implemented the Descartes MacroPoint solution, “more often than not, we had no visibility into shipments that were delayed,” explained Wehrle.
For an industry that is forever on the move, the world of logistics is in a perennial state of change, facing numerous challenges and vague demands. Staying ahead in this dynamic landscape can be quite a roller coaster. Adding to this dynamic is the arrival of ‘Uberization’ that is knocking on the doors of logistics, mounting “faster that fast” delivery expectations and reaching a fruition point of determining who would be the survivors.
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.
As someone on the tail end of the Baby Boomer generation, I have a vested interest in the life science industry’s focus to improve both products and services. One of my greatest hopes is that all this focus will lead to cures, or at least better treatments, for many of today’s medical challenges such as Type 2 Diabetes, Cardiovascular Disease, Alzheimer’s, Parkinson’s, Arthritis, joint replacements, hearing loss and so many more.
With many companies implementing control towers, why do so few deliver on the promise of end-to-end visibility and control? This. The post Why Do Control Tower Implementations Fail? appeared first on The Network Effect.
Joely Callaway (Vice President, Product Management, Customs Content) and Brendan MacCahill (Senior Vice President, Trade Data Content) at Descartes Systems Group discuss the following questions and more in this timely and informative episode: What are some of the biggest global trade developments that have taken place over the past few months ? Why should supply chain and logistics executives pay attention to these developments?
Omnichannel retail operations are well on their way to becoming the norm. Consumers now take the digital path to purchase more often than not; but, they don’t care what retailers call their shopping journey or what strategies companies use to make the shopping journey a seamless one. Michael Jones ( @mdjonesy ), a business consultant, explains, “Consumers don’t shop ‘omnichannel.’ They simply just shop.”[1] Successful companies make omnichannel operations seamless and eas
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
Are you a beginner and you want to learn about each logistics function? We will show you 5 logistics books that will help you learn faster than any other books. Why is Logistics a Good Career? In the United States, the median wages for a Logistics Manager is around $90,000 annually. So, the career in logistics management can be very lucrative if you have a career plan and keep on developing yourself.
Supply chain disruptions are inevitable, whether resulting from natural disasters, technical failures, worker strikes, or other unforeseen incidents. And as supply chains have become increasingly diffuse over time, the likelihood that disruption in one region will have consequences that reverberate across the globe, is higher than ever before. In a 2017 survey by the Business Continuity Institute (BCI), 65 percent of respondents had experienced at least one supply chain disruption in the last ye
For organizations that source products from suppliers in remote regions, blockchain can provide clarity in an otherwise murky journey from harvest to retail. World hunger is a global epidemic. According to the United Nations, one in nine people today—or 815 million globally—lack access to the food necessary to lead a healthy lifestyle. A staggering 98% of these live in developing countries and 75% live in rural areas that depend on agriculture for their livelihood.
Logistics providers probably look longingly on the days when the last mile of the supply chain primarily meant delivering goods to the store in which they were sold. In today’s retail environment, every company wrestles with how to do what the postal service has done for centuries — reach every household. It’s ironic that Sears, once famous for its mail order business, is faltering in a business environment that, in many ways, is reminiscent of the mail order era.
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.
May 4, 2018 The speed and reliability of your distribution network is essential to your company’s success. But for most companies, logistics and transportation are, at best, a supporting line of business and, at worst, a distraction. For many businesses, their supply chain grew organically along with the growth of the business and isn't built to scale, especially for ecommerce.
Too much going on in the supply chain, logistics, manufacturing and e-commerce industries? Below, you’ll find the top articles and trends from April covering various elements of these fast-paced industries. A new study conducted by Deloitte and the Manufacturers Alliance for Productivity revealed a disconnect between executives’ opinions of their digital supply network (DSN) efforts […].
It’s far too easy to get so caught up in headlines about the so-called “retail apocalypse” that we forget to see the successes in retail today. From new cutting-edge technologies that reduce fulfillment times and maximize revenue, to new ways of leveraging data that can personalize and promote like never before, these are exciting times to be a retailer.
Did supply chain problems have anything to do with Toys "R" Us going out of business? The company's jingle famously declared "I don't wanna grow up"—but it is exactly this reluctance (or at least inability) to mature amidst a rapidly-evolving retail landscape that led to the company's ultimate downfall. In mid-March, Toys "R" Us announced plans to close down and liquidate the inventory for all 735 of its stores in the United States.
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.
As the first quarter of 2018 came to a close, drivers of supply chain demand, such as consumer consumption, business inventories, and industrial production, showed continued growth. 1 This growth impacted the U.S. industrial real estate market as vacancy rates fell in two-thirds of the country. Now reported at 5 percent, the average vacancy rate is.
Ask a consumer whether he or she supports a sustainable environment, and the chances are they will profess support. But when these individuals go to make a purchase they generally choose the cheaper product – even if it is less environmentally sustainable that more expensive options. This contradiction is at the heart of one of […].
Picture this real-world scenario: A major battery manufacturer finds itself running two years behind on a project with a partner firm. At many companies, this long of a delay could have jeopardized the outcome. But there is a strong project steering committee in place – with good communication via cross-functional discussions between the manufacturer and the partner firm – which helps everyone involved realize that the delay came about for the right reasons.
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.
Did supply chain problems have anything to do with Toys "R" Us going out of business? The company's jingle famously declared "I don't wanna grow up"—but it is exactly this reluctance (or at least inability) to mature amidst a rapidly-evolving retail landscape that led to the company's ultimate downfall. In mid-March, Toys "R" Us announced plans to close down and liquidate the inventory for all 735 of its stores in the United States.
Bottom Line: Manufacturers are reaching a new level of results in 2018 because they have clearer, more actionable insights based on real-time manufacturing and quality metrics than ever before. Quality Metrics Enable Customer-Driven Manufacturing Networks. The future of manufacturing is being written today across the millions of shop floors which have chosen to excel at analytics, metrics and Manufacturing Intelligence.
Imperial Logistics leverages One Network’s Real Time Value Network cloud solution to manage the entire distribution process and help ensure the delivery of clean drugs to patients using Blockchain.
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