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Thanksgiving is a time for food, drink, family, relaxation, and shopping, so supply chains must become outward-facing to keep up with customer expectations. Leave a Reply [contact-form-7].
Calculating how much ending inventory you have on hand at the end of a financial year can often be a stressful challenge. You’re likely juggling between creating inventory reports and fulfilling end of year sales. We’ll shed some light on: What is ending inventory. Why it is one of the essential figures in your inventory reports. Who is responsible for calculating ending inventory.
There are several elements in an effective logistics strategy, with the ultimate goal of identifying the most cost-effective service levels and developing plans and processes that enable the company to operate as close to those optimal service levels as possible. Logistics is one component of the overall supply chain and is impacted by supply chain changes.
In supply chain management, it is widely accepted that holding enough finished goods inventory to fulfill every order is just too costly. Ipsen, a global bio-pharmaceutical company , disproves that. The post Does Perfect Customer Service Make Sense? appeared first on Logistics Viewpoints.
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
Supply Chain Strategies: What the Pandemic Has Taught Us So Far? In a blog at the very start of the COVID-19 outbreak when confirmed cases had just exceeded 40,000, we discussed the considerations for organizations facing the outbreak. Now nearly 10 months later as many industrialized nations are facing a new peak in infections, it is a good time to review these recommendations, take stock of what we have learned, and discuss how organizations can prepare for this new spike.
“Complexity is really a killer,” said Roberto Isaias, Mattel’s chief supply-chain officer, as quoted in a January 2, 2020 Wall Street Journal article by Paul Ziobro. According to the article: Mattel has chopped the choices of reds [for its toys] by more than one-third and is doing the same for other colors, part of a. Read more Reducing Supply Chain Complexity (Reining In the Endless Aisle).
“Complexity is really a killer,” said Roberto Isaias, Mattel’s chief supply-chain officer, as quoted in a January 2, 2020 Wall Street Journal article by Paul Ziobro. According to the article: Mattel has chopped the choices of reds [for its toys] by more than one-third and is doing the same for other colors, part of a. Read more Reducing Supply Chain Complexity (Reining In the Endless Aisle).
Vaccinating the Supply Chain with Andrew Kelley. Andrew Kelley and Joe Lynch discuss vaccinating the supply chain. Andrew is the Chief Commercial Officer at BoxLock , a company that facilitates secure vaccine transfer for biotechs, manufacturers, labs, hospitals, and clinics. About Andrew Kelley. Andrew Kelley is the Chief Commercial Officer at BoxLock.
Sustainable deep-freeze logistics secure food supply. The topic of sustainability and sustainable action is becoming increasingly important worldwide, as resources are finite and need to be used sensibly. To this end, measures must be taken, and solutions developed, in order to achieve global climate goals. The initiative “50 Sustainability and Climate Leaders” aims to leverage innovation and sustainable business models, and gives a platform for making the contribution to achieving t
In supply chain management, it is widely accepted that holding enough finished goods inventory to fulfill every order is just too costly. The thinking goes that at some point, improving service levels means you are not adding inventory in a linear manner but rather exponentially. Ipsen , a global bio-pharmaceutical company with $3 billion in annual revenues, disproves that.
Are we in a perfect storm of supply chain disruption? It sure looks that way when you look at these recent headlines from various industry publications: “Reefer outpacing van growth in second half of 2020” (FreightWaves) “Import Spike Expected to Continue Through January” (Journal of Commerce) “Will We Really Need 8,000 Jumbo Jets to Transport.
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.
I like numbers. Working with a spreadsheet and gaining an understanding of the patterns is cathartic for me. I also like to build infographics. I joined Statista in my effort to train myself to build compelling infographics. I like their stuff. Here I am going to use some of their work to tell a story of what I think supply chain leaders need to do in this COVID-19 world.
Beyond the traditional business models. With the proliferation of technology, digital transformation has taken many industries by storm. The logistics sector is also not immune to these changes. The world of logistics and distribution is volatile, uncertain and more competitive than ever before. With the digitization trend, a major shift is imminent in the Industry.
Compared to classic logistics with normal temperatures, cold chain logistics are challenging, expensive and complex at the same time. It is one of the most difficult types of logistics in the supply chain industry. The rapidly increasing demand for frozen foods and the requirement of maintaining an uninterrupted cold chain make logistics considerably more complicated.
Rarely have I put as much passion into an article as in the case of my new one, entitled Dancing the Supply Chain: Toward Transformative Supply Chain Management (JSCM, 2021). Herein, I argue that “[i]t is time to replace the modernist tropes of designing, planning, and managing the supply chain with a new metaphor that accounts for the transformative power of management: that of dancing the supply chain “ The article starts by challenging the conventional static and reductionist assu
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
Demand sensing relies on the automation of analytics, machine learning and real-time information to improve forecasting for a given facility, such as a retailer or warehouse. Unlike traditional forecasting, its advantages lie in adjusting the forecast around the clock and enabling continuous improvement in inventory planning. Unfortunately, failure to realize its benefits remains.
Supply chain operations can be complex. Especially where multi-modal transport is necessary, and where dynamic decision making is required for the routing of goods in-transit. These supply chain operations are pursued in an environment that can be characterised as a self-organising ecosystem. Connections between various (local) data sharing environments in networks of networks enable stakeholders in the supply chain to enhance their information base.
Compared to classic logistics with normal temperatures, cold chain logistics are challenging, expensive and complex at the same time. It is one of the most difficult types of logistics in the supply chain industry. The rapidly increasing demand for frozen foods and the requirement of maintaining an uninterrupted cold chain make logistics considerably more complicated.
If your company has decided to tender its freight to secure new contract rates for 2021, you’ve got your work cut out for you. This is especially true when it comes to figuring out the lanes and volumes to include in the bid. And, what should you do about those COVID-related swings in your historical … The post Freight Procurement in a Pandemic: Preparing for the Bid appeared first on Chainalytics.
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.
Like everything else in 2020, we can expect the holiday shopping season to come with unique challenges. Not only are pandemic shutdowns ongoing, but some parts of the U.S.
Unlike SARS in 2003, the Covid-19 pandemic has spawned an unprecedented Global health pandemic. No country has been spared – with over 35 million infected people and deaths exceeding 1.0 million. The enforcements of draconian lockdowns, various economies have experienced severe shocks, adversely affecting global trade, global tourism & travel, International Aviation and Airports as well as International Shipping and Ports.
In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. When Covid-19 hit, supply chains across the globe nearly came to a halt. Procurement’s value became evident, as did the importance of the supplier relationships they had built.
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.
What TRAMES Aims to Tackle. Our vision at TRAMES, is to reduce global trade barriers through digitalizing international freight and transportation. By convening players, who would normally work in isolation, to participate on a collaborative platform, information and documentation can now be relayed dynamically, in real time. Doing so significantly reduces physical paperwork, as well as the number of manual touchpoints in any supply chain resulting.
In this year's peak holiday shopping season, online retailers are bracing themselves for ever-aggressive competition, the need to navigate mass inventory, and supply-chain disruptions.
Comme l’a démontré la COVID-19, les organisations ne peuvent pas fonctionner sans chaînes d’approvisionnement efficaces – et à la suite de la pandémie, la fonction d’approvisionnement a été reconsidérée comme jamais auparavant. Dans tous les secteurs et dans le monde, les responsables des achats des organisations gagnantes ont gagné une place dans l’agenda de la salle de conférence.
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.
Corona Crisis: Massive Delivery Bottlenecks for Goods from China to Europe Companies in Europe who are dependent on supplies from China are worried about bottlenecks and increasing prices in the…
SSI Schaefer Implement Automated Deep-Freeze Warehouse in Manila, Philippines Download the latest LogiSYM Supply Chain Magazine. In this edition we have several news updates, interesting & enlightening articles and contributions on people & management – topics which are most crucial to the development of the Supply Chain Industry across regions as well as globally.
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