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Global growth is slowing to levels of GDP. Notice that the average growth for consumer nondurables (often termed household products) is 1.7%, as shown in Table 1. This is a far cry from the pre-recessionary growth rate of 6%. Public markets reward growth; and as year-over-year revenues slow, companies attempt to grow using tactics like new product launch, price incentives and trade promotion management.
Today in America, we commemorate the signing of the Declaration of Independence in 1776. The American Revolution left us with stories of heroism, betrayal, sacrifice, and struggle. Few people, however, think about the war for independence and the vital role played by the supply chain. The justification most often cited for the revolution is the unfairness of taxation without representation; or, as the Declaration states: “Imposing Taxes on us without our Consent.” If, however, the co
For most individuals, surprises can be wonderful—but, as a shipper, you try to avoid them at all costs. Because in supply chains, surprises tend to mean wasted time and added expense. Your best bet to avoid unexpected trouble? Develop a comprehensive truckload strategy so you’re prepared to handle just about anything. Building the right truckload strategy for your business.
There are 5,280 feet in a mile. Logistics providers know their job isn’t complete until every foot of the last mile is covered. Even when a product travels thousands of miles, those last few feet are often the most challenging. Edwin Jiang notes, “Today, the last mile remains both the most challenging and costly segment of the journey, accounting for nearly 50 percent of the total cost of delivery.
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 world’s largest home furnishing retailer has 355 stores in 29 countries. What are the best-kept secrets behind IKEA’s supply chain management processes?
On a recent road trip to retrieve my daughter from college I drove past a handful for chemical manufacturing plants of various types. Viewing a chemical manufacturing plant from a distance everything seems so peaceful and static. A chemical plant is a complex and expensive array of storage tanks, pipes, controls and special chemical or biological transformation and/or separation equipment to take raw materials and create new value-added materials.
On a recent road trip to retrieve my daughter from college I drove past a handful for chemical manufacturing plants of various types. Viewing a chemical manufacturing plant from a distance everything seems so peaceful and static. A chemical plant is a complex and expensive array of storage tanks, pipes, controls and special chemical or biological transformation and/or separation equipment to take raw materials and create new value-added materials.
Even though shipments may be transported over hundreds of miles, or just a few miles, the main focus today is on the final mile — that is, making sure the delivery experience for the end-customer (which in many cases is a home delivery) is a positive one. What factors are driving this growing attention to final-mile delivery? Why is it important?
Another sign of getting old I guess. When was the last time you watched a football match when no tattoos were on show and the haircuts did not look like something out of the Time Warp musical? As I write England is still involved yet we are all waiting for the inevitable elimination on penalties. At least it won’t be to Germany this time – what rotten bad luck boys!
With the mid-year upon us, it’s time to review what people are reading. Next week we’ll reveal the top five. The post Most Popular Supply Chain Posts of 2018 So Far (Part 1) appeared first on The Network Effect.
I love the 4 th of July Holiday. As a kid, the 4 th of July always represented the best of the summer school break and often included fun activities like camping, fishing, spending time in a park, parades, and wonderful firework displays. Of course there was always the abundance of kid friendly foods like hot dogs, hamburgers, popsicles, watermelon (and the ensuing watermelon seed spitting distance contest), salty chips of all kinds, and lots of sugary drinks.
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.
Some time ago I wrote about the way spreadsheets were undermining expensively assembled ERP’s in FMCG, Brewing and Pharmaceutical companies. They still are, by the way.
The changing supply chain landscape. The emergence of AI and Machine Learning in the supply chain is changing the way managers approach managing inventory, production, distribution and selling to optimize the customer experience. Data from customer promotions, weather, local events and holidays also present a plethora of variables to account for in estimating demand across hundreds or thousands of demand points (stores, web sites, catalogs, etc.) and across hundreds or thousands of SKUs/items.
On a recent road trip to retrieve my daughter from college I drove past a handful for chemical manufacturing plants of various types. Viewing a chemical manufacturing plant from a distance everything seems so peaceful and static. A chemical plant is a complex and expensive array of storage tanks, pipes, controls and special chemical or biological transformation and/or separation equipment to take raw materials and create new value-added materials.
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
Maximizing efficiencies is incredibly important for any business owner, but especially for those who are trading in multiple markets. Once you’re up and running, take control of your expanding business by managing all your operations on one platform.
Laurel and Hardy, Morecambe and Wise, Abbott and Costello, Little and Large, Hale and Pace, May and Johnson. These are examples of double acts where one party plays the straight/stooge and apparently serious man while the other plays the fool/jester. I admit I am not too sure who is who in the last example.
72% of manufacturers say real-time monitoring is essential for streamlining and making inventory reconciliation more efficient. 69% are relying on real-time monitoring to increase the accuracy of tracking production time, downtime, total parts created, rejects and parts remaining to be produced. 63% are relying on real-time monitoring and consider it essential for tracking machine utilization, scrap and downtime reporting. 53% rely on real-time monitoring to increase Overall Equipment Effectiven
I love the 4 th of July Holiday. As a kid, the 4 th of July always represented the best of the summer school break and often included fun activities like camping, fishing, spending time in a park, parades, and wonderful firework displays. Of course there was always the abundance of kid friendly foods like hot dogs, hamburgers, popsicles, watermelon (and the ensuing watermelon seed spitting distance contest), salty chips of all kinds, and lots of sugary drinks.
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.
Elastic logistics is the new and evolved version of 'lean supply chain movement'. As technology has caught up with logistics, latest delivery schedule and route planning help companies are on top of all market demand fluctuations and keep their products on shelves at all times or reach the consumer's door within a day or two.
As Americans kick back and relax this July Fourth, many brands may wonder how they can remain patriotic year-round. As trends point brands to expand into the global market, many are working to invest in local communities as well. To fuel initiatives that benefit business and the economy, brands can start with revamping the supply […]. The post Driving American Business with an Optimized Supply Chain appeared first on Steel Connect.
Many warehouse teams are adopting mobile devices. The digital transformation movement is alive and well in many industries, but it is proving particularly disruptive in the supply chain. Businesses are facing new challenges in terms of inventory management and order fulfillment, and the time to move to embrace digital solutions has arrived. What’s more, the rapid pace of operations across warehouse settings is pushing organizations to not only put new digital systems into place, but to tru
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 a digital world, it's amazing that many companies are still using Excel to manage their inventories. Supply Chain Insights’ 2018 Inventory Optimization Technologies Study suggests this number could be as high as 75%.
Welcome to Friday in 5: news from around the supply chain landscape, served up in one spot to keep you up to date and informed. This week: Amazon Prime Day gets longer and adds Whole Foods deals; U.S. tariffs start to impact manufacturing; year-over-year orders for big rigs doubled in June; new advances in consumer chatbots could save businesses billions; and two major European grocers will team up in a bid to keep supplier prices low.
My grandma has always been a huge part of my life; growing up with her, literally, a 5-minute drive around the corner, ready to lend a helping hand usually with…
Many warehouse teams are adopting mobile devices. The digital transformation movement is alive and well in many industries, but it is proving particularly disruptive in the supply chain. Businesses are facing new challenges in terms of inventory management and order fulfillment, and the time to move to embrace digital solutions has arrived. What’s more, the rapid pace of operations across warehouse settings is pushing organizations to not only put new digital systems into place, but to tru
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.
We all know that different products sell at different rates, depending on the need that they address. The challenge is to be able to meet demand without incurring costs due to over-stocking. With operating profits under considerable pressure, retailers need more precise demand forecasting and stock replenishment to reduce inventory costs and still have the right product available to meet customer needs.
Welcome to Friday in 5: news from around the supply chain landscape, served up in one spot to keep you up to date and informed. This week: Amazon Prime Day gets longer and adds Whole Foods deals; U.S. tariffs start to impact manufacturing; year-over-year orders for big rigs doubled in June; new advances in consumer chatbots could save businesses billions; and two major European grocers will team up in a bid to keep supplier prices low.
Companies have increasingly large supply bases for various reasons: acquisitions, decentralized procurement, uncontrolled supplier portfolios, or process weakness. Due to the high number of suppliers, supply processes, and resource constraints, significant productivity goes unrealized. Strategic sourcing teams focus on high-value-add suppliers and strategic projects while plant buyers address tactical suppliers when issuing orders.
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