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The revival of a strong economic foundation, increase in global demand, and boom of U.S. shale production shine a bright forecast for oil and gas refineries, numbering about 700 worldwide. About 20% of these operate in the U.S. and have emerged as one of the financially healthier players in the oil and gas ecosystem.
All too common practice. Asset-intensive businesses, such as mining, airlines, utilities, oil & gas and railroads have one thing in common: internal tension between production and maintenance. In our experience, maintenance is too often viewed as a necessary evil, and maintenance planners have told us that they have to fight for slots to do scheduled and preventive maintenance.
From changing regulatory requirements and increasing freight congestion to excessive detention time and driver shortages , shippers and logistics service providers (LSPs) are struggling to balance the multiple issues impacting fleet management today. In addition, rising customer expectations for faster delivery, on-time shipments and real-time status updates are magnifying the pressure to perform.
Up to 64% of supply chain leaders consider Big Data Analytics the best way to overcome supply chain challenges, asserts Antonia Renner of ComputerWorld, but new technologies, such as logistics automation and blockchain, may hold much more opportunity than meets the eye. Logistics automation and blockchain have potential applicability to payment processing, freight location monitoring, order fulfillment, and more.
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
LLamasoft has developed a maturity model related to supply chain design solutions. As a leading supplier of supply chain design solutions, this is a natural extension for them. Developing a maturity model, however, is not for the faint of heart. The model explicity ties ROI from a design project to the maturity level. The post A Maturity Model for Supply Chain Design appeared first on Logistics Viewpoints.
Download the audio file. Podcast Summary: In this podcast, Joe Lynch welcomes Ann Holm to the show. Joe and Ann discuss their upcoming sales improvement program. The program, 21st Century Sales Skills for Transportation Logistics Professionals begins Wednesday, September 19th, 1:00 p.m. EST and last 10 weeks. The sales improvement program was designed specifically for transportation and logistics professionals and their hectic, unpredictable schedules.
Download the audio file. Podcast Summary: In this podcast, Joe Lynch welcomes Ann Holm to the show. Joe and Ann discuss their upcoming sales improvement program. The program, 21st Century Sales Skills for Transportation Logistics Professionals begins Wednesday, September 19th, 1:00 p.m. EST and last 10 weeks. The sales improvement program was designed specifically for transportation and logistics professionals and their hectic, unpredictable schedules.
The tariff situation has companies in a quandary as they debate whether to “load up” on inventory now — to ward off the impacts of potentially-higher tariffs on imported goods — or hold off for now and hope that the political environment calms and things get to back to “normal.” The tariffs impact consumer products like luggage, handbags, baseball gloves, furniture, apparel, mattresses, electric lamps, and components in telephones and flat panel TV displays.
Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s episode we welcome Hannah Testani, Chief Operating Officer of Intelligent Audit , a global logistics and freight audit company. We hope you enjoy “The Freight Project Podcast.” You can subscribe and find this podcast on Apple iTunes, Google Play, Spotify, Soundcloud , YouTube , and iHeartRadio!
When I first came across Total Productive Maintenance (TPM) I was sceptical of yet another ”blue sky” approach to pursuing manufacturing excellence. Surely, this would soon be replaced by the next set of buzz-word initials dreamed up by sharp-suited consultants. But no; I saw the light and now I’m a firm believer in this technique that originated in Japan.
The variety of products available through a growing number of distribution channels is truly amazing. Competition between brick and mortar and e-commerce retail channels, often within the same company, has led to a proliferation of products and services. In fact, on a recent trip to a Nike store I explored the NIKEiD program they launched a few years ago that allows customers to customize their footwear.
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.
Editor’s Note: The following is an excerpt of a research report published last week , “Competing on Customer Experience: The Driving Force Behind Supply Chain Innovation.” The research, produced by Adelante SCM and presented by BluJay Solutions (a Talking Logistics sponsor), was conducted to explore the links between supply chain management innovation, customer experience, technology adoption, and company performance.
The current warehouse management system ( WMS ) market is expanding at an amazing rate, with a compound annual growth rate (CAGR) of 15.2 percent. Digital technologies, including cloud-based platforms, encourage interest in the current WMS market on the part of supply chain executives. By some estimates, reports Allied Market Research , the warehouse management system market will swell to more than $3 billion by 2022, and adoption of WMS systems is expected to continue with the IoT-based value
I started my career as an R&D type who helped bring new FMCG products to the market. Nobody really knew how a product made the transition from bench top and pilot plant testing to the supermarket shelves. Somebody must have been involved somewhere but this was hardly a cohesive team with job descriptions let alone aligned roles and responsibilities.
The variety of products available through a growing number of distribution channels is truly amazing. Competition between brick and mortar and e-commerce retail channels, often within the same company, has led to a proliferation of products and services. In fact, on a recent trip to a Nike store I explored the NIKEiD program they launched a few years ago that allows customers to customize their footwear.
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
In part 1 of Guardian of the Supply Chain, we looked at how Imperial Logistics is using a blockchain-enabled control. The post Guardian of the Supply Chain Part 2: Control Towers and Network Platforms appeared first on The Network Effect.
Implementation and review of trucking logs following the ELD mandate are well underway, and it is causing a headache for trucking managers and supply chains alike. The use of blockchain for ELD roadcheck and fleet management is likely to become the cornerstone of next year’s ELD review as more companies turn to blockchain for greater transparency and accountability.
The dustbin of history is filled with failed businesses. Executives running those businesses didn’t intend for them to fail. Businesses want to survive. Like biological species, adaptability and resilience are the key to survival. In a 1963 speech given to participants at the convention of the Southwestern Social Science Association, Leon C. Megginson, a Louisiana State University business professor, stated, “It is not the most intellectual of the species that survives; it is not the
What if I told you that you could save enough money in one month on your spot market shipping to pay for an entire year of TMS platform subscription fees? I know it sounds crazy, but it’s true. Here’s the proof. Read the Article. The post Article: How Spot Quote Automation Savings Pay for Your Entire TMS appeared first on UltraShipTMS.
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.
A guide on how to improve material planning using a more detailed volume allocation of customer orders. It is common a common business practice to write up yearly contracts for the volume. Very often, this is done to extend volume discounts to the customer. That is obviously a benefit to the customer. The supplier benefits by knowing how much to budget for in terms of production through the year.
Data analytics can be applied to virtually any supply chain process, and analytics hold great value in managing retail supply chains. Retail supply chains have the added complications of needing to offer both in-store and online customer experiences, and they must continue to try to beat Amazonian prices. Defining retail needs is not an easy process, but data is king and can help companies sift through the needs and wants of customers, reports Arthur Zaczkiewicz of WWD.
Is your business at risk due to unethical supply chain practices? The board at Monster Energy Drink had a decision to make. They were staring at a petition, signed by 21,000 consumers, who said that if they knew that the company used products that were produced by slave labor, they would all be drinking Red Bull from now on. “Poor supply chain practices are a business risk, not just a sustainability one, and companies need to understand the business case for doing the right thing,” says Andrew B
The inception of blockchain technology for use in logistics and supply chain management represents one of the most significant innovations in the industry. Blockchain is a technology that stores incorruptible blocks of information; in logistics and supply chain management, it has the potential to eliminate inaccuracies and hold all supply chain entities accountable.
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.
When paint and specialty chemicals producer AkzoNobel looked to improve customer service and raise return on capital by cutting excess inventory, it turned to Terra Technology. Alain Crottaz, EMEA Planning Director at AkzoNobel, explains the business drivers behind the company’s decision to implement Demand Sensing and Multi-Enterprise Inventory Optimization in Europe and Africa. “As part of a larger supply chain efficiency program, we were looking for a single solution to achieve th
The promise of an incorruptible ledger for use in transportation management will reduce inefficiencies and create opportunities in supply chains. With the potential blockchain growing with the interest of software giants, more supply chains are turning to blockchain & transportation management with open arms. Shippers Still Have Problems With Costs and Delays in Transportation Management The Internet of Things (IoT), well known for its benefits in automating decision making, merges with bloc
“Catch the goat when it’s passing” is one of my favourite Chinese sayings, and it is particularly apt when you’re looking to source new products or materials in China. Even after conducting thorough desk research followed by a tough supplier interview, you might still be surprised when you actually visit the supplier’s showroom. Once there, you might find ‘additional core products or materials’, some of which may be quite far removed from your enquiry itself.
Research from the Chartered Institute of Procurement & Supply (CIPS) has revealed that 21% of UK supply chain managers have seen wage violations in their supply chains over the last two years.
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.
There are certain products that consumers ask for by name, and Kimberly-Clark happens to make at least three of them: Kleenex tissues, Huggies diapers and Kotex feminine napkins. So when store supplies for the company’s retail partners are out of synch with production forecasts it can have a very real impact on the $20.8 billion personal care products giant’s sales.
Travel time in the warehouse represents one of the biggest costs in modern distribution centers. Pickers must put away incoming product, pull product, and move products to packaging and processing zones. Like transportation management for shipped product, effective labor management and lean processes in the warehouse are key to lowering labor costs in your distribution center.
There’s no escape – new regulations and consumer demands are increasingly putting pressure on businesses to be more transparent about how they are addressing environmental, social and ethical concerns. As a result, more and more companies include sustainability clauses in contracts with their trading partners. But are these clauses effective? Our recent study conducted in partnership with Affectio Mutandi , leading consultants in Legal, CSR, Corporate & Public Affairs, surveyed more than 560
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