This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
• Strategic sourcing is a practice in procurement that seeks to utilize a single, integrated process for purchasing and supply chain management. • Strategic sourcing tailors data collection, spend analysis, negotiation, market research, and contracting to achieve profitability and efficiency in purchasing and supply chain management. So, as opposed to sourcing which is the actual […].
Kary Jablonski and Joe Lynch discuss Trucker Tools. Kary is the CEO of Trucker Tools, the leading carrier relationship management platform that helps brokers grow their carrier network, book loads digitally, track freight, and build enduring relationships with carriers to drive reuse.
Across the global business ecosystem, sourcing and retaining top talent labor is of utmost importance. This is no less true of the supply chain industry, which must manage high customer demand while simultaneously experiencing unprecedented labor issues. What’s more, the physical rigors and repetitive nature of supply chain work are creating massive challenges when it comes to employee retention.
It’s the last Friday in July and I’ve yet to go to the beach. Well, I did visit a beach in Iceland, but the water was way too cold for my Cuban blood (and probably Icelandic blood too), and there were signs everywhere warning about “sneaker waves” that can pull you out to sea. This. Read more Above the Fold: Supply Chain Logistics News (July 29, 2022).
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
How to properly optimize your logistics network with network design. The Challenge. Modern business means fast distribution. Amazon is not the only company driven to one- and two-day delivery; all industries are headed to shorter service windows. This means more distribution points, closer to your customers. Now, supply chain leaders are caught between a cost versus service crunch.
Mark McEntire and Joe Lynch discuss the secret sauce. Mark is the Senior Vice President of Operations at Emerge , one of the fastest-growing startups in the U.S. and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. About Mark McEntire . Mark McEntire is the Senior Vice President of Operations at Emerge , a freight technology firm that is reinventing freight procurement.
Mark McEntire and Joe Lynch discuss the secret sauce. Mark is the Senior Vice President of Operations at Emerge , one of the fastest-growing startups in the U.S. and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. About Mark McEntire . Mark McEntire is the Senior Vice President of Operations at Emerge , a freight technology firm that is reinventing freight procurement.
Supply chains have experienced significant disruptions in the first half of 2022, from a global pandemic to wars, rising fuel costs, and a potential recession. Throughout the past six months, rates and capacity have been highly volatile as the industry deals with other ongoing challenges. The American Transportation Research Institute (ATRI) continues to rank driver shortages, driver retention, and the costs of extensive regulatory compliance on carrier operations as top concerns for carriers.
Prestigious award presented by Microsoft at the Inspire event. Milan, July 27 , 2022 – ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, is proud to announce it has been awarded Microsoft Italy’s Best Independent Software Vendor Partner Award for the second year in a row. It was announced at Inspire 2022, the annual event dedicated to the Microsoft partners ecosystem.
(Or a cautionary tale about cutting corners.) Are you helping your teenagers with their SAT preparation? Here is a good test question: You have two customers 300 miles apart. Customer A has 600 units of demand and Customer B has 300 units of demand. Where is the best place to put a distribution center? What is your answer?
The CPG-R industry is still learning how to deal with disruption. Now, nearly three years from the start of the pandemic, it is clear that variability in supply and demand will continue to test the resiliency and agility of extended supply chains around the globe. Hoping for a return to any sort of “normal” stability is not an effective strategy for maintaining business operations in a sustainable and efficient manner.
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.
Nathan Sanders, CEO of Brook Furniture Retail. When you think about digital transformation, you probably think of multinational giants like McDonald’s or Sephora. But it’s the small to midsize companies that often reap the most rewards from such transformation. Case in point: Brook Furniture Rental has invested in new technologies to undertake a true digital evolution, significantly improving customer service and reducing operational costs along the way.
Supply chain design is no longer the ‘create it, set it, and walk away’ exercise that it once was. The acceleration of e-commerce, impact of shortages, and ever-evolving shifts in customer demand and economic realities require a framework that is flexible enough to change under the best of conditions as well as the worst. In his article featured on SupplyChainBrain, Steve Johanson, senior vice president and industry principal at Logility, insightfully explains why supply chains need a more fluid
The purchasing department purchases different types of goods and services. However, when you buy something, you may not always know all the suppliers that offer a particular product. Then the Supplier registration form comes in handy. You probably only know a handful of providers. This means that every time you host a sourcing event, the same suppliers bid on the same products at the same prices.
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
Thanks to the pandemic there has been a significant paradigm shift in the retail sector. That shift, according to Ilias Simpson (@IliasSimpson), CEO at Radial, involved a "transformation of omnichannel buying behavior."
The water levels in a crucial waterway in Europe’s economic heartland are running dangerously low in the region's searing heat, posing another risk to global supply chains.
Economic order quantity is one of the “most commonly used inventory-control techniques”. The objectives and advantages of Economic Order Qty (EOQ) are to minimize inventory carrying costs and ordering costs while simultaneously limiting the probability of stock out to avoid any lost sales or customer loss. Like safety stock calculations , EOQ is one of the most important equations in supply chain planning.
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.
Environmental, social and governance (ESG) initiatives are rapidly becoming boardroom priorities and companies are increasingly investing in these initiatives to achieve a competitive advantage in the marketplace. Likewise, customers and employees are increasingly demanding that companies are environmentally conscious. More and more companies are adopting a low-carbon footprint and sustainable approach to procurement, and for good reason.
The Digital Age is all about connectivity and so is the emergence of the digital supply chain. Consumers expect to be connected to retailers. Retailers expect to be connected to manufacturers. Manufacturers expect to be connected to suppliers. And all of them expect to be connected to logistics providers transporting goods to and from various supply chain nodes.
Sanctions imposed on Russia for its invasion of Ukraine are having an undeniable impact on global supply chains, but individual companies might have a hard time determining precisely how they’re affected.
By Sam Linford (pictured). AVP EMEA Channels at Deep Instinct. The post US federal court system still suffering from prolonged impacts caused by a cyberattack appeared first on IT Supply Chain.
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.
Can specialist ISV solutions solve unique business challenges faced today? Spurs in consumer demand, rising globalization and the dependence on fragile global supply chains are changing the manufacturing landscape as we know it. While navigating these challenges, businesses are expected to produce higher return of capital than their competitors or face the risk of redundancy.
The pandemic has put unprecedented strain on global supply chains— and also on the workers who’ve kept those systems running under tough conditions. It looks like many of them have had enough.
By Ron de Bos (pictured). Director Product Management - Payments, Digital River. The post Consumers struggling to keep up with buy now, pay later schemes appeared first on IT Supply Chain.
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.
Grain exports from Ukraine may resume ‘within days’ Ukraine has announced that the first set of vessels loaded with grain could be leaving the Black Sea ports in a matter…
Quistem’s Cathy Fisher and I are having the best time co-hosting the Auto Supply Chain Prophets podcast. And we’re thrilled to share that with our 10 th episode, we have also recently reached 1,000 downloads — we’re delighted to have so many new followers and listeners! It encourages us to continue meeting with automotive industry experts about supply chain issues that resonate with so many listeners.
Recognizing the challenges supply chains have faced in recent years, Sumit Dutta, leader for the Americas Supply Chain Consulting Group of EY, outlines priorities for the next five years for supply chain leaders.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content