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As the COVID-19 virus begins to subside in many parts of the world, supply chains are stabilizing. Some remain unpredictable, but many companies are trying to navigate the reopening process. Once they’ve taken immediate action , how can organizations ensure stability moving forward? What mid-term steps can they take to minimize their risk and maximize value?
The Covid-19 pandemic has exposed the fact that many supply chains remain inadequately prepared for a crisis. It’s no excuse to remain passive, though. Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. A reliable supply chain can decrease purchasing and production costs for manufacturers and sellers.
Each day through the COVID-19 pandemic, I tune into Anthony Cuomo’s (governor of New York) daily briefings. It is my break in the day. As a multi-tasker, when Governor Cuomo broadcasts, I use the time to work out on my rowing machine. His opening line is, “Let’s start with facts. While we all have opinions, let’s start by reviewing the facts.” When he says this, I smile and row harder.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is the Digital Supply Chain? There was a time not that long ago when there were no cell phones or smart phones. Now they are literally billions of smartphones and cell phones. This doesn’t even include the number of desktops, laptops, tablets, and all other internet enabled electronic devices.
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
Due to the emergence of COVID – 19 all company processes have been impacted; especially the supply chain and the flow of materials within it. This article is an introduction to a series of three articles intended to help demand planners manage the impact of COVID – 19 on their demand planning process. The emergence of the Coronavirus disease 2019 in our lives has seriously affected our products’ demand and their volatility has become more significant than ever.
The Supply Chain ( SC ) is becoming crucial to the increase of corporations competitiveness. The current-increasingly-global economic environment demonstrates that businesses could better compete if they act in collaborative Supply chains ( SCs ).
The Supply Chain ( SC ) is becoming crucial to the increase of corporations competitiveness. The current-increasingly-global economic environment demonstrates that businesses could better compete if they act in collaborative Supply chains ( SCs ).
With hindsight, some technologies are revealed as not only promoters of progress, but enablers of other technologies. Think of inventions like the wheel, the Archimedes screw, steel, the assembly line and the internet. Pull out any one of these linchpins, and essential parts of our civilization disappear. The digital twin is going to be one of those technology enablers.
In today’s changing market dynamics, the retail business is getting more competitive by the day. Increasing competition by online marketplaces, along with evolving consumer expectations and shopping patterns are making the category management decisions more complex. As customers’ options increase, so do their expectations. Category management and merchandise planning are at the core of retailing.
Blue Yonder is committed to helping its customers face the unexpected. To provide insights into the COVID-19 coronavirus pandemic and its impact on supply chains around the world, we are delivering a blog series to help anyone looking for support and advice. Our experts, who have spent years in the supply chain industry, share their insights. While the COVID-19 global pandemic is unprecedented, it has only exacerbated an already unpredictable demand environment for apparel retailers.
For years I’ve been writing about the importance of supply chain risk management and how it’s often given short shrift in business discussions. Eric Kimberling ( @erickimberling ) an Enterprise Resource Planning expert, writes, “The coronavirus pandemic disrupted supply chains across the globe, and suddenly everyone is paying more attention to what was an overlooked subject just months ago. … When COVID-19 disrupted the delivery of essential goods such as food, pharmaceut
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.
Global manufacturing today faces significant operational challenges. Companies that were unable to meet these challenges have been left behind (for example, in High Tech think Blackberry and Compaq). The Industry Renaissance has transformed invention and production for the needs of today’s customers. How should manufacturers adapt to meet the challenges and shift from product-centric to customer-centric operations?
Transportation and coronavirus have been getting a lot of attention lately. The global supply chain is becoming more complex due to increased regulations, trade wars, cross-border commerce, and most recently, the impact of coronavirus. FourKites founder and CEO Matt Elenjickal shares his thoughts on transportation and coronavirus. The post A CEO’s Take on Transportation and Coronavirus appeared first on Logistics Viewpoints.
ToolsGroup extends congratulations to SKF, which edged out tough competition from other finalists Shell Lubricants and Siemens to win the 2020 Gartner Supply Chainnovator Award in the Industrial category. SKF’s use of a digital twin for analytics to support integrated planning demonstrated exceptional supply chain innovation. According to Gartner, “the Gartner Supply Chainnovator Awards is an annual research program that identifies, assesses and awards outstanding examples of Supply Chain Innova
Knowing that your distribution fulfillment strategy is working gives you a better insight into how your business is performing. This is important for reducing order fulfillment errors, improving your inventory management and remaining competitive. Supply chain leaders must learn to recognize the warning signs of risky fulfillment strategies, the indicators of success, and how to.read More.
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
Four years ago tomorrow, I wrote about how investments in Supply Chain Operating Networks (SCON) were rising. The post was triggered by Thoma Bravo’s acquisition of Elemica at the time (which it later sold to Eurazeo in 2019), as well as previous deals like Infor’s acquisition of GT Nexus, Insight Venture Partners’ acquisition of E2open, Read more Investments in Supply Chain Operating Networks Continue.
Supply chain control towers have come of age. The concepts that allow modern control towers to support agility are easy to describe. The technology that empowers these concepts are quite complex. The post Supporting Supply Chain Agility: Simple Concepts, Complex Technology appeared first on Logistics Viewpoints.
What’s the first thing you picture when you think about the COVID-19 pandemic? It’s probably masks. The shortage of protective devices made everyone uneasy—especially healthcare workers on the front line of the fight to overcome the deadly virus. For Bio-Medical Devices, International, increasing production during COVID-19 wasn’t just a matter of adjusting to demand.
The face of shipping continues to change as e-commerce logistics grow more aligned with what customers want. It’s difficult to imagine modern retail or any supply chain without the last mile, but its costs continue to result in higher freight spend and delays. Shippers clearly need last mile strategic value—a way to connect the final.read More. The post Last Mile Strategic Value: How a TMS Empowers Last Mile Success appeared first on Transportation Management Company | Cerasis.
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.
Our journey is one that is 20 years in the making—and continues! As DELMIA continuously evolves, let’s pause and take a look back to where it all began. The year 2000 marked the beginning of a new millennium. The world was abuzz with Y2K, the movie “Gladiator” reigned supreme on the big screen, cake pops were a new dessert, and what was to be known as “the decade of technology” was just beginning.
Artificial intelligence has been applied to just about every supply chain application imaginable, including transportation management and execution, demand planning, supply chain planning, warehouse management, and order management. It has also been embedded in autonomous trucks, robots, and drones for navigation. There are myriad applications outside of the supply chain world as well, but I saw a new one this week: writing a Metallica song.
What traditional supply chain practices or concepts (“the way we’ve always done things”) do you believe companies must unlearn to succeed moving forward? We asked our Indago supply chain research community that question this week. They will receive the results later today. I will also share some of the results this coming Tuesday (June 16.
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.
Judging by the fossils found there, South Africa was home to some of the earliest of modern humans, many years ago. Dutch traders established the coastal city of Cape Town as a stopping point for the spice trade on South Africa’s southern tip. Then, European immigrants swarmed to South Africa after the discovery of diamonds in 1867 and gold in 1886.
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This week’s blog comes from HighJump – now Körber, and examines various warehouse picking technologies and how they compare to voice picking. Warehouse order picking describes the process of selecting and pulling an item from inventory to fulfill a customer’s order.
Today’s post is part of our “Making a Difference: Supply Chains for a Better Tomorrow” series that focuses on the supply chain capabilities that will separate the leaders from the laggards in the years to come. This episode features John Richardson, Vice President of Supply Chain Analytics at Transportation Insight. In keeping with the “Making. Read more Making A Difference: Transportation Insight.
When these events are analyzed, it’s not unusual to discover that companies were caught off guard because of poor supply chain visibility. In some instances, companies didn’t know where suppliers and sub-suppliers were located, while in others they were unaware of critical dependencies in their extended supply chains. These same issues are still apparent as businesses attempt to restart production in the aftermath of the COVID-19 lockdown.
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.
Judging by the fossils found there, South Africa was home to some of the earliest of modern humans, many years ago. Dutch traders established the coastal city of Cape Town as a stopping point for the spice trade on South Africa’s southern tip. Then, European immigrants swarmed to South Africa after the discovery of diamonds in 1867 and gold in 1886.
The need for Procurement to improve collaboration with suppliers, and other stakeholders, has gained broad acceptance in recent years. In case anyone was sleeping, the Covid-19 crisis has provided further evidence. As supply chains were disrupted, those organizations that had the closest relationships with suppliers were most likely to gain preferred access to keep goods flowing, and effectively forecast.
One big takeaway from Covid-19, is that we have learned the lengths people will go to for a roll of toilet paper, hand sanitizer or pasta, and even gluten-free pasta. Shoppers behaving badly was mildly amusing, albeit a little sad as panic buying emptied store shelves quicker then they could be restocked. Grocery stores and supply chains in general were wildly unprepared for a pandemic and the sudden surge in demand for certain products.
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