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For the past few years, the topic of the microchip shortage dominated media headlines. Now, another shortage is creating obstacles on the path to equilibrium in the semiconductor supply chain: talent.
In the era of the Digital Retail Revolution, adaptive supply chain management is imperative amid the surge in online retail and the social commerce boom. Notably, social commerce entails direct buying and selling on social media platforms. According to a recent report by Global Web Index, modern shoppers distribute their attention across multiple social platforms and are increasingly likely to purchase products on their mobile devices.
Every day seems to bring with it a new headline about growing political tensions. Geopolitical concerns motivated Les Williams and Andres Franzetti , Co-founders of Risk Cooperative, to ask, “How will current tensions across the globe affect the supply chain?”[1] As they scan the geopolitical horizon, they see warning signs everywhere and they insist that “mitigating these business risks is a critical element for all markets.” They add, “Geopolitical risks … c
Reading Time: 2 minutes A guest blog post by Bill Mahoney, EVP and CCO Heading into 2024, shippers’ warehousing and distribution networks will be shaped by inventory normalization, labor dynamics, and strategic adoption of new technologies. With interest rates rising and consumer demand uncertain, inventory carrying costs will be scrutinized.
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
Although the global business community has been confronting modern slavery for years, it hasn’t been able to slow its rise. But there is an opportunity for that to change.
By Claire Lloyd (pictured) Content Writer The post Avoiding Surpluses and Shortages: Why Accuracy Matters in Demand Planning appeared first on IT Supply Chain.
Background In various Supply Chain Matters blog commentaries, this supply chain technology industry analyst has raised awareness, perspectives and added focus to the critical importance of establishing synchronous processes and more timely decision making across an end-to-end supply chain network. Our published research advisories and blog commentaries have focused upon addressing the needs, challenges, and ultimate benefits for businesses in establishing an integrated and more synchronized B2B
By Mike Bronson (pictured) Content Writer The post The Art of Leveraging Technology in Comprehensive Workforce Planning appeared first on IT Supply Chain.
Changing the way people buy apparel Matthew Wallace has worked in a number of apparel management roles over his career, including as a Senior Director of Sourcing for Merchandising at Walmart, a senior VP at apparel manufacturer PVH (which owns Tommy Hilfiger and Calvin Klein), and currently the CEO of Project DXM (Digital Xpress Model). Matthew shared with me his career path, how he ended up working in a start-up, and his advice to supply chain students as they go into the workforce.
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.
Joe Lynch and Spencer Tenney discuss The Logistics of Logistics story. Joe is Founder and CEO of The Logistics of Logistics , a media property that provides valuable insights from logistics and supply chain leaders on various topics related to the industry, such as innovation, technology, trends, and the future of freight. About Joe Lynch Joe Lynch is the host of The Logistics of Logistics podcast, which is consistently ranked as a top logistics and supply chain podcast.
By adopting AI technology to analyze critical enterprise-wide contract data and gain insights into supplier practices, companies can identify red flags and deviations from compliance standards
In the Christian world, no holiday is associated with more traditions than Christmas and the weeks surrounding it. In fact, the phrase, “’tis the season,” has itself become a tradition. According to staff at Word Genius, “For such a common saying, it’s easy to forget just how old it is. ‘Tis is a contraction for ‘it is,’ and was popular in everyday speech in the 1700s.
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
Read about a venture capital studio that implemented procurement software to manage purchases for 10 portfolio companies in addition to their own. Redbud Brands went from not knowing if a purchase order was approved to making every payment in time. Company size : 100 Location: United States Industry: Venture Capital and Private Equity Principals Website: [link] Using Precoro since: August 2021 Users: 12 Client’s rating of Precoro: 9/10 Featuring: Jim Henson, SVP of Supply Chain; Jennifer
As we bid farewell to another eventful year in the logistics industry, we take a moment to reflect on the content that resonated most with our readers. In 2023, our blog covered a wide range of supply chain topics, but these three articles garnered the most attention.
By Zuzanna Stamirowska (pictured) Zuzanna Stamirowska, Co-Founder & CEO of Pathway The post Gen AI Unleashed: Trends and Challenges for Enterprises in 2024 appeared first on IT Supply Chain.
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 7 most popular MercuryGate logistics blogs of the past year reveal a window into the priority topics for logistics and supply chain managers. As a competitive business environment mixes with ongoing economic uncertainty, modern businesses face unparalleled risks that jeopardize profit and customer loyalty. Blogs published throughout 2023 highlighted transportation management challenges and viable solutions.
The solution is not eliminating free returns, but fixing convoluted supply chains and collaborating with shippers to make reverse logistics more affordable.
The Supply Chain Matters blog provides what is likely to be a final commentary of the year 2023, now amounting to in excess of 270 authored commentaries. We first want to express to all of our global-wide readers our best wishes for a prosperous and rewarding new calendar year, and soon, a new Lunar New Year. We look forward to assisting and informing multi-industry supply chain management teams in areas of supply chain business process, advanced technology, talent management and skills needs a
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.
In 2023, our blog explored a variety of topics crucial to the logistics and supply chain industry. The following three articles are the ones that our readers connected with most. 1) The Need for a Warehouse with Rail Siding Unlocking the Benefits of Rail-Sided Warehousing Our most-read article of the year delves into the critical considerations and advantages of warehouses with rail siding.
The topic of the microchip shortage dominated media headlines and planning meetings for years. Now, another shortage is creating obstacles on the path to equilibrium in the supply chain: talent.
Multiple published reports, including China based media, indicate that global wide electric vehicle producer Tesla has acquired land to be able to construct and produce this provider’s Megapack battery packs. Added Details and Product Perspective The planned battery factory is located near Tesla ’s existing EV production facility located in Shanghai.
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.
In the dynamic landscape of modern business operations, the Procure-to-Pay (P2P) process stands as a linchpin, connecting the various facets of supply chain management into a seamless and efficient workflow. P2P encapsulates a series of meticulously orchestrated steps that begin with the identification of a need for goods or services and culminate in the completion […] The post A Guide to Procure-to-Pay (P2P) Process appeared first on ProcurePort Blog.
An initial estimate of this year’s retail holiday spending indicates a mixed bag, depending on either retail industry, consumer goods producer or logistics and transportation industry perspectives. Mastercard SpendingPulse Data Payments processing firm Mastercard Spending Pulse indicated this week that U.S. retail sales for the period that spanned November 1 through December 24 rose 3.1 percent.
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