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Happag-Lloyd will track all their container shipments. There have been massive supply chain disruptions since the pandemic began. These disruptions have driven up prices and led to shortages of goods. Congestion at ports has certainly played a role in these disruptions. The world’s fleet consists of approximately 6,000 ships. These ships carried nearly 150 million twenty-foot equivalent units (TEUs) of containers last year.
You don’t have to look very hard to find alarming headlines about supply chain issues today, as supply chain resilience continues to be maximally challenged by a stubborn snarl of inter-related difficulties. Staffing losses, supply constraints, and continuing pandemic disruptions (especially in major ports throughout China) have made the demanding business of moving goods tougher than ever.
These might seem obvious. But many (most) businesses don’t focus on this well enough. Find out here: Related articles on this topic have appeared throughout our website, check them out: Omnichannel Retail and the Cost to Serve Online Customers. An 8-point Guide to Understanding Your Cost to Serve. 7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management.
Supply chain visibility has been top-of-mind for logistics professionals for at least two decades, yet it remains a work-in-progress for many companies. To help companies better understand the potential solutions and benefits, as well as challenges, we launched our “Profiles in Real-time Supply Chain Visibility Excellence” series where we explore this topic with leaders in.
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
A great deal already has been written about the impact of the pandemic, fully socializing jargon such as “new normal,” “next normal,” “unprecedented disruption,” etc. Changes in our lives, economies and supply chains are ubiquitous and well embedded now. It’s time to focus on how we innovate and optimize our businesses and operations in this permanently altered world.
Key Takeaways: • Supply chain volatility is expected to continue and plague some sectors until 2024. • Demand constraints create financial risks as well as environmental problems. • 25% of inventory surpluses are caused by a lack of transparency and visibility into the supply chain. • Effective, strategic demand planning is essential, and that requires implementation of the right supply chain platform with real-time data, reporting, and event automation.
Key Takeaways: • Supply chain volatility is expected to continue and plague some sectors until 2024. • Demand constraints create financial risks as well as environmental problems. • 25% of inventory surpluses are caused by a lack of transparency and visibility into the supply chain. • Effective, strategic demand planning is essential, and that requires implementation of the right supply chain platform with real-time data, reporting, and event automation.
To cope with the seemingly never-ending supply chain crisis, business leaders are turning to artificial intelligence to make strategic business decisions. .
Editor’s Note: The following is an excerpt of a research report published recently, “A Supply Chain Executive’s Guide to Yard Management Systems: How to Evaluate, Select, and Successfully Implement a YMS.” The research, conducted by Adelante SCM and commissioned by Kaleris, serves as a guide for supply chain executives looking to evaluate, select, and successfully.
Manhattan Associates hosted its annual user conference, Manhattan Momentum , in Hollywood, Florida from May 23 rd through today, May 25. “Assemble Agents of Change” was the theme of the conference. And it was good to assemble in person again after two years of virtual conferences due to COVID-19 restrictions. The topic of change is certainly as relevant as ever.
When the pandemic struck and the economy began to shut down, many businesses struggled to stay afloat. Just as they were getting back on their feet, supply chain snarls and rapid inflation dealt them another blow. Faced with a growing number of challenges, many companies asked: Should we stick with what has worked in the past or pursue innovations that could set us up for the 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.
Many observers in the global supply chain and logistics industries are eagerly awaiting a restabilization of supply and demand. But it’s time to bust the myth of a “return to normal.”.
“It takes a monster to kill children. But to watch monsters kill children again and again and do nothing isn’t just insanity — it’s inhumanity.” — Amanda Gorman But what to do? It’s always the same arguments around gun control, mental health, and school security, with politicians on both sides of the aisle doing what. Read more Above the Fold: Supply Chain Logistics News (May 27, 2022).
Interconnected supply chain planning enables faster, more empowered decision-making. Supply chain organizations are now caught in the clutches of a global economy creaking beneath the weight of cargo embargoes, labor shortages, jammed ports and shipping lanes, and a pandemic that continues to evolve. Factories run the risk of closing without advanced notice.
Although retailers still talk about the digital path to purchase as an alternative to the traditional shopping journey, the lines between paths to purchase have blurred. Tom Standage ( @tomstandage ), editor of The Economist ‘s ‘ The World in 2021 ‘, writes, “The adoption of new technological behaviors in response to the pandemic, from video-conferencing to online shopping, means usage has already reached levels that were not expected for many more years.”[1] He adds, “Grannies have discovered
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
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Shared Working Spaces are Great for Business Growth! Are you tired of working in isolation? Is your office space too small or big and empty? It’s time to change your working environment and look for a coworking space near you. Coworking space is fast replacing the conventional offices where you have to fit in a cubicle to focus on your work.
Consumers can be a fickle bunch. One bad experience can sour them on a brand for years, if not forever. Trying to satisfy customers during tumultuous times only makes the task that much more difficult. And the past couple of years have been volatile. Melissa Minkow ( @Melissa_Minkow ), Director of Retail Strategy with CI&T, writes, “The last two years presented a whirlwind of new challenges for retail, requiring businesses to explore sometimes experimental ways to cope with rapid chang
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 supply chain crisis that has clogged the U.S. logistics network has made the country’s two largest ports of Los Angeles and Long Beach the least efficient trade hubs for handling containers worldwide, a new report showed.
By Lori Witzel (pictured). Director of Research for Analytics & Data Management, TIBCO. The post Manufacturers: What you need to know about AI regulatory compliance appeared first on IT Supply Chain.
Manufacturers are heavily reliant on an effective workflow process to meet the requirements for ever changing customer needs, sustaining productivity levels and to thrive through continuous supply chain disruptions. Organizations are incessantly looking for various ways to enhance efficiency and streamline operations. Industries need to make efforts to improve lead times and quality, boost productivity and better inventory management, however these tasks require real-time, accurate data and coor
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Redwood City, CA. May 23, 2022 – Ivalua, a leading provider of Spend Management Cloud solutions, announced the winners of its Carbon Footprint Innovation Cup at its marquee annual event, Ivalua NOW 2022 in Washington D.C. The joint Ivalua/Partner competition focused on developing innovative and ready-to-use capabilities through Ivalua’s powerful ‘no code’ configuration interface, enabling Ivalua’s customers to reduce their scope 3 carbon emissions. .
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All logistic professionals are focused on optimizing the supply chain and enhancing its efficiency. Improving efficiency can mean getting products into the hands of consumers faster, cutting shipping costs, and reducing labor costs – or a combination of all three. If you are looking to improve the efficiency of your company’s logistics, a cross-docking (aka.
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