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What is so special about October 23, 2005? That’s when Walmart’s CEO at the time, Lee Scott, gave a speech entitled Twenty First Century Leadership that arguably kicked off the supply chain sustainability era. “Environmental loss threatens our health and the health of the natural systems we depend on,” said Scott. The challenges include: Increasing.
Many small to medium sized businesses offer their products online to their customers. While eCommerce has been around for some time now, the effects of COVID-19 on the global economy and supply chains will most likely change the way commerce is conducted. Have you seen an increase in traffic to your website? Have your online purchases increased? It’s likely that the answer to those questions is yes.
A company’s ability to evaluate multiple “what-if” scenarios and make rapid decisions with a high level of confidence is what keeps supply chains moving during disruptions like COVID-19. But what do you do if you don’t have an existing network model? Here’s how to get started. My colleague Jeff Zoroya recently explained how you can … The post Getting Started with Supply Chain Network Modeling appeared first on Chainalytics.
Are you making an action plan of all the things you could do better and faster with your supply chain planning software when the next global crisis hits? The Coronavirus has demonstrated that the real world doesn’t play by the rules. The disruption we’ve seen in supply chain planning as a result of the pandemic is unprecedented. And as companies have learned the hard way, you can’t rely on the traditional planning models you’ve always used to get you through this new reality.
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
Editor’s Note: Today’s article is from Derek Jones, VP of Enterprise Strategy at Deputy. Jones discusses 4 last-minute issues that can arise during the delivery process and how to handle them. Ecommerce behemoth Amazon’s ever shorter delivery times have created lofty expectations among customers of supply chain and logistics businesses. Deliveries that span days are.read More.
Carrier scorecards refer to the overall “grade” assigned to carriers by shippers and supply chain partners. These grades rate the performance and business health of carrier relationships, as well as their typical costs and more. Unfortunately, it can be hard to measure carrier performance with outdated supply chain systems. After all, the adage is true: you cannot improve what you cannot see.
What is Inventory Management and Why is it Important? Inventory management refers to the process of ordering, storing and using a company’s goods or materials. Successfully managing inventory allows businesses to meet the demand level of their consumers with an appropriate amount of supply. Ineffective management can result in excess inventory which runs the risk […].
The COVID-19 pandemic has exposed many risks and uncertainties in supply chain networks. Materials shortages , demand fluctuations and plan t closures have led many organizations to revisit their supplier relationships, as well as distribution and production locations. Evaluating different scenarios helps you gain much-needed network flexibility in these times of stress and can help you prepare for a resilient future.
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.
When I started my career the term “supply chain” was just emerging. Most professionals I interacted with during my early days in this industry were still referring to “materials management” and “procurement” when they spoke of what we call “supply chain” today. We also had a role called a “master planner” who was typically an APICS certified genius who could schedule a factory, inbound supply schedule and procurement plan via grease board, or if very […].
Investment Will Fuel PINC’s Strategy to Become a Global Category Leader in Supply Chain Management Software. Union City, CA – June 16, 2020 – PINC, the leader in digital yard™ solutions, today announced that it has secured a significant growth equity investment from Accel-KKR, a leading technology-focused private equity firm. The investment will fuel PINC’s momentum in becoming a global category leader in supply chain management software through strategic acquisitions and a focused organic growt
Delivery efficiency remains a top of mind concept for supply chain leaders. Within the final mile, efficiency takes on a new role and expectation. The final mile is traditionally marred by excess costs, poor visibility, and limited ability to intervene when problems arise. Meanwhile., demand for more last mile service has risen as 56% of.read More. The post Smart Last Mile Tech That’s Upending Waste appeared first on Transportation Management Company | Cerasis.
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
If this was a normal year, I would be writing that today is the last day of school for my kids (and my song of the week would clearly be School’s Out by Alice Cooper). However, this is not a normal year. In fact, I would refer to these days as strange days. Massachusetts schools shuttered for two weeks in mid-March, which was then extended for another month, before finally being closed for the remainder […].
The COVID-19 pandemic has exposed many risks and uncertainties in supply chain networks. Materials shortages , demand fluctuations and plan t closures have led many organizations to revisit their supplier relationships, as well as distribution and production locations. Evaluating different scenarios helps you gain much-needed network flexibility in these times of stress and can help you prepare for a resilient future.
E-commerce will continue to grow significantly through 2020 and beyond. As evidenced by the most recent peak shipping season, the need for effective, high-quality logistics and warehouse management has never been higher. The demands for faster, more affordable processes are growing in stride. As reported by Jeff Berman of Supply Chain 24/7, “[up to] 70% of B2C companies.read More.
Tune into the first episode of Be Ready for Anything, ToolsGroup’s new video podcast. In this series, we’ll be interviewing industry experts about some of the world’s most complex supply chain and demand planning challenges. In this episode, hear from Linda Fung, ToolsGroup’s Director of Customer Success, about how COVID-19 is affecting supply chain planning, what companies are doing to adapt, and what we can expect to see going forward.
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 world is currently watching the shocking cases of police violence in the United States. But racism also exists on a smaller, more subtle level. In a recent interview , Terry Esper, a logistics scholar from The Ohio State University, shares his experience with racism and gives us excellent advice.
My wife’s bike got a flat tire yesterday. I removed the wheel from the bike, pulled the tube from the tire, put a patch on it, and got it all back together again. I pumped air into the tire. Fixed. The tire was flat again this morning, no air, no pressure, I’m deflated too. — In this. Read more Above the Fold: Supply Chain Logistics News (June 19, 2020).
Fill out the Form Below to Get a Free Copy of the White Paper to Your Inbox! What is the most important step in logistics? Is it the first moment when order goes through to a warehouse, resulting in the tech from a warehouse worker? Or, does it involve the tendering of a shipment to.read More. The post [WHITE PAPER] Last Mile – The Focus of the Disrupted Supply Chain appeared first on Transportation Management Company | Cerasis.
Most supply chain applications that Logility works on have significant ROIs. But sometimes it’s hard to see where the return on investment will be coming from. At Logility, we focus on the tangible benefits of improving your supply chain and how we go about producing hard-number results. We’re all very well versed in the traditional areas to look for: cost structure, growth, and capital.
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.
Accelerated digital transformation of healthcare supply chains to lower the cost of care and improve patient outcomes now possible. Redwood City, CA June 16, 2020 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced the availability of a pre-packaged suite of solutions for healthcare providers. The new packages span the full source-to-pay process and enable healthcare providers to digitally transform their supply chain processes to lower the cost of care
Note: Today’s post is part of our “Editor’s Pick” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This post from Elemica’s blog discusses “how to avoid information overload and build a strong basis for actionable supply chain visibility.
Supply chain management (SCM) sounds like a straight-forward topic; nevertheless, numerous articles have been written on the subject explaining what it is and what it isn’t. Ask a person on the street what constitutes supply chain management and my guess is they would say SCM means ensuring the entire supply chain, from procurement of raw materials to product delivery, runs smoothly.
BOSTON (June 18, 2020) – Supply & Demand Chain Executive , the executive’s user manual for successful supply and demand chain transformation, has selected ToolsGroup as a recipient of an SDCE 100 Award for 2020. ToolsGroup was chosen for its project with Franke , a Swiss-based global supplier of solutions and equipment for domestic kitchens, private bathrooms, semi-/public washrooms, the professional foodservice sector, and coffee preparation.
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 novel coronavirus outbreak piqued interest in supply chain operations, particularly in the food supply chain. On 16 March 2020, in response to COVID-19, the President issued “Coronavirus Critical Infrastructure Guidance for America.” In addition to personal safety instructions, this guidance stated: “ If you work in a critical infrastructure industry, as defined by the Department of Homeland Security, such as healthcare services and pharmaceutical and food supply, you have a spec
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