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Last fall after attending the CSCMP conference in Atlanta, I shared my observation that digital transformation is now a central theme in the industry. Many of you have had the same observation. This isn’t breaking news, but it is new for the industry. Again and again, digitization and data were at the heart of panel and networking conversations. Even headline speakers were professing “data got sexy” and data is now a core strategy for companies looking to succeed.
Shippers face an uphill battle against Amazon and the big box retailers. These giants have deep pockets, capable of offering low-cost, if not free, parcel shipping. However, that does not mean all shippers must face the challenges to ship parcel at their expense. Rather than giving up, shippers need to consider what Amazon and the big box giants have done right and apply these concepts as part of a robust parcel shipping strategy.
The transportation industry is currently facing a number of daunting challenges. New government policies and regulations and a worsening driver shortage are forcing transportation specialists to reevaluate and change their business practices. Thankfully, there are a number of new technologies available to help the industry get back on the right track.
Brad Householder, Founder and CEO of b2i, spoke at the ToolsGroup TG18 user conference recently and presented an innovative approach to strategically analyze your value chain to focus digital investments. Brad, by the way, comes from a great pedigree. Prior to founding b2i, he was a leader in PwC Advisory's Operations and Supply Chain Management practice, and he is the 2018 chairman of the board of directors for APICS.
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
This week I spoke at an SAS Global Analytics Summit on the connected supply chain. In my view, the connected supply chain is very, very different from the integrated supply chain. Here, in this blog post, I want to provoke teams to think through the differences, and really question what they are asking for. Some History. In 2002 I worked for Gartner Group in the business applications practice.
There is no doubt, that the retail landscape is increasingly looking like an online one as traditional brick-and-mortar retailers, such as Toys R Us, Foot Locker, and Best Buy mobile shutter hundreds of stores unable to keep up with the changing customer that wants fast, free delivery all with just a click of a button. Despite some struggles, retail as a whole had a solid 2017, as total sales reached $3.5 trillion, a 3.8 percent increase compared with $3.37 trillion in 2016, according to the U.S
There is no doubt, that the retail landscape is increasingly looking like an online one as traditional brick-and-mortar retailers, such as Toys R Us, Foot Locker, and Best Buy mobile shutter hundreds of stores unable to keep up with the changing customer that wants fast, free delivery all with just a click of a button. Despite some struggles, retail as a whole had a solid 2017, as total sales reached $3.5 trillion, a 3.8 percent increase compared with $3.37 trillion in 2016, according to the U.S
Bitcoin steals the limelight, but blockchain and smart contracts offer considerable benefits to business and the supply chain. Here are. The post Essentials of Blockchain and Smart Contracts in the Supply Chain appeared first on The Network Effect.
by Dr. Madhav Durbha With the Alps as a backdrop, LogiPharma Europe 2018 proved to be both energizing and thought provoking. In early April I attended the LogiPharma Europe 2018 conference in Montreux, Switzerland, an event that attracted more than 800 attendees, including practitioners and executives from pharma and medical device industries, along with software vendors and many service providers.
Today, a majority of meat manufacturers still struggle to realize the full potential of their operations. The main culprit? A disconnected supply chain, which leads to a lack of supply chain visibility for all stakeholders in the company. So what do meat manufacturers need in order to increase visibility and make smarter decisions? Let’s take a look.
The 2018-19 contract season for ocean shipping is here, and it’s time to think about the best way to approach negotiations. Of course, you want to control costs, consider options, and mitigate risks, but it will also be important to keep these five factors in mind as you talk to ocean service providers about the year ahead. Ocean Shipping Contracts: 5 Factors to Keep in Mind. 1.
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.
A forecast is more than a projection of future business; it is a request for product (or a request for resources to ensure supply of a product). Forecast accuracy is crucial for achieving both customer service goals as well as ensuring proper utilization of resources to drive profitable business growth. Given the critical role of the forecast it amazes that today supply chain organizations still routinely rank inaccurate forecasts as a major obstacle in meeting their supply chain goals.
Supply chain software companies have been garnering some major investments. Some quiet investments from patient investors are reshaping the industry, These supply chain software companies are benefiting from patient investors. The investors, in turn, are keen on software companies with network solutions. These "digital" companies are seen as having the opportunity to create new types of value for their clients.
Even though 90% of inventory is stationary in the supply chain, according to industry experts, inventory accuracy at distribution centers, warehouses, and plants ranges from 89% to 99% *. In retail stores, this number drops to below 60% **. That’s because most of the inventory management process is still a manual activity.
The process of digitizing global supply chains continues to generate a lot of interest and discussion in the industry, perhaps because it’s really about embarking on a transformational journey. While the end destination offers some great potential benefits, there are some key questions for many companies, including: are we even ready to get started?
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
A?Demand-driven Supply Chain (DDSC) is defined as a supply chain management method focused on building supply chains in response to demand signals. The main force of DDSC is that it is driven by customer demand. In comparison with the traditional supply chain, DDSC uses the pull (Demand pull) technique. It gives the market opportunities to share more information and to collaborate with others in the supply chain.
This week, Wednesdays for Women features a Q&A with Heather Sheehan, Executive Director of AWESOME (which stands for achieving women’s excellence in supply chain operations, management and education). Heather’s career spans more than 30 years in the manufacturing and transportation industries, with leadership positions in procurement, logistics and marketing at Danaher, Honeywell, Union Pacific Corporation and NCR Corporation.
Product counterfeiting and piracy are pervasive across almost all countries and industries. In total, this black market is expected to represent $991 billion of the global economy by 2022. In an online study covering 10 countries, 34% of respondents said they believe it’s a brand’s responsibility to protect them from counterfeits. Similarly, almost four out of 10 consumers who unwittingly bought fakes complained directly to the brand.
I am in Minnesota today, at the CSCMP Twin Cities Roundtable Annual ½ Day Seminar , where I am participating in a keynote session with Rick Blasgen (President & CEO of CSCMP) and Steve Raetz (Director Research & Market Intelligence at C.H. Robinson). The focus of our session is “Today’s New Normal” — a discussion about emerging trends and technologies in the industry, everything from e-commerce to blockchain, and what it means for supply chain and logistics professionals.
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.
There’s currently a digital supply chain transformation that’s happening faster than the physical supply chain can react, requiring hybrid solutions in semi-automated environments where humans and robots work in tandem. New incentives to modernize operational capabilities should be added that capture efficiencies not previously achieved, while laying the foundation of a digitalized supply chain, continuously re-evaluating plans and evolving for performance.
Product counterfeiting and piracy are pervasive across almost all countries and industries. In total, this black market is expected to represent $991 billion of the global economy by 2022. In an online study covering 10 countries, 34% of respondents said they believe it’s a brand’s responsibility to protect them from counterfeits. Similarly, almost four out of 10 consumers who unwittingly bought fakes complained directly to the brand.
Identified as a top 2018 supply chain technology trend by Gartner, Robotic Process Automation (RPA) has emerged as a useful tool that could potentially lead to more strategic decision-making. 1 RPA is a technology application that equips tools with the ability to mimic predictable and repetitive tasks. 2 Tools can range from configuration within software to 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.
From disruptive technologies to the dirtiest jobs you could ever imagine, here's a look at some of the highlights from the MODEX 2018. Thirty thousand people from 110 countries walked the show floor of MODEX 2018 in Atlanta, spread across 250,000 square feet of exhiibition space occupied by 900 vendors, showing every type of material handling solution imaginable, from bins, pallets and shelves to drones, robots and artificial intelligence-based systems.
| By Grace Diffenbacher | Senior Consultant, Integrated Demand and Supply Planning | Chainalytics | Companies, specifically manufacturers, are struggling to keep up with the pace of 21st century demand. How is this still a relevant topic 18 years post “Y2K?” Shouldn’t it sound as outdated as computer programs operating with only two digit year … The post Four Key Steps to Drive Efficient Supply Chain Planning for Manufacturers in the 21st Century appeared first on Chain
California’s Prop 64 marked a sea change in the effort to bring an entire industry out of the shadows. As the sixth largest economy in the world and the country’s cannabis capital , many say that California is poised to lead the development of the burgeoning legal industry, with expected sales of over $5B by 2019. With the country’s marijuana epicenter now allowing recreational use, the so-called “green rush” is in full swing.
For the Ninth Consecutive Year, Leading Solution Provider Earns Spot on Inbound Logistics Magazine’s Annual Who’s Who of Top Supply Chain Management Software Companies. March 20, 2018 – Fair Lawn, NJ – For the ninth year running, UltraShipTMS is included in Inbound Logistics magazine’s Top 100 Logistics IT Providers list. This year, honorees were selected from a pool of more than four hundred logistics IT solution providers.
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.
Christopher Tang. There are two sides of a bitcoin: a cryptocurrency that enables anonymous individuals to facilitate transactions using a decentralized digital currency without a middleman (such as a bank or credit card company). [1] One side is labelled risks because bitcoin has involved in money laundering activities, ransom collections (e.g., victims of the WannaCry ransomware attack in 2017 paid their ransoms in bitcoins), illegal transactions on the dark web, etc. .
Today’s Warehouses Are Much Different Due To E-Commerce. You probably know that e-commerce sales have been soaring over the past few years. This website shows that retail e-commerce sales grew roughly 25 percent annually worldwide from 2014 to 2017. Statista , a statistics website, also reports that e-commerce’s share of retail sales has risen from 5.8 percent in 2013 to a projected 10 percent in 2018.
As industry bankruptcies continue unabated and technologies such as conversational commerce make it easier for consumers to buy goods online, it seems that bricks-and-mortar retailing is doomed. But attendees at the Crossroads 2018 conference were not so sure. Yes, many more businesses will yield to the growth of e-commerce, but others will redefine traditional retailing […].
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