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Pushing the Supply Chain Reset Button by Lora Cecere , Founder, Supply Chain Insights Supply Chain Leaders Can’t Afford to Guess About the Future The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. These core assumptions are no longer true. Over the last three years, these three fundamental assumptions unraveled: they are no longer valid.
Order and shipment volumes slowed significantly since the record levels of 2020 and 2021, and excess carrier capacity abounds as we close out 2023. The economy improved somewhat, but it isn’t roaring to life. Inflation continues to worry consumers. Heading into 2024, adopting forward-looking supply chain best practices prepares your organization for the next turn in a volatile environment.
Note: Today’s post is part of our “Editor’s Pick” series where we highlight posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This recent post from Uber Freight’s blog highlights five strategies to enable a productive supply chain in 2024 and beyond.
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
The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares samples of individual prediction snapshots that will be included in our Annual 2024 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month. In a prior Supply Chain Matters posting, What Supply Chain Management Should Expect in 2024 , we outlined fives broad themes to anticipate in the coming year.
The combination of low latency, high bandwidth, massive device connectivity, reliability, and other factors makes 5G technology well-suited for various automation and virtual-enabled technologies across industries.
The combination of low latency, high bandwidth, massive device connectivity, reliability, and other factors makes 5G technology well-suited for various automation and virtual-enabled technologies across industries.
By Inés Alcántara, Senior Sales Engineer In an era marked by unpredictability and technological advancements, understanding and adapting to the changing demands of logistics is not just an option, but a necessity for success. There are five pivotal solutions and trends that are reshaping the logistics landscape. From leveraging the power of AI to embracing eco-logistics, we will uncover the essential strategies to thrive in this complex and exciting field.
SCI Outside-In Report v3.0 Abstract Today’s supply chain planning processes are inside-out. The focus is on using enterprise data. The use of channel, logistics, and supplier data is an opportunity to reduce process and data latency. In this report, we share insights based on testing and work with business and technology leaders to redefine planning to be outside-in to maximize the use of market data.
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.
Welcome 2024! This year, as with years in the past, there is a broad and deep line-up of supply chain and logistics conferences to attend. Many events exist in North America, Europe, and Asia. Industry association events are being held in the winter, spring, summer, and fall. Meanwhile, technology providers’ user events are mostly packed into the spring, so plan accordingly.
Editor’s Note: This is one of the most popular posts we publish every year: our list of supply chain and logistics events to attend in the year ahead. This year’s list remains a work in progress; therefore, please check the event websites for the latest updates. Also, if you have a favorite industry conference not. Read more The post Supply Chain and Logistics Conferences to Attend in 2024 appeared first on Talking Logistics with Adrian Gonzalez.
Today is a writing day. My last post was December 7th, 2023. The month of December was my longest writing respite since I started this blog in January 2010. Posting the first blog seems like yesterday, but thirteen years and over 540 blogs later, taking a pause from a weekly deadline was badly needed. I give thanks for all my readers, but I relished the break.
Beth Potratz and Joe Lynch discuss The Right Fit for Drivers. Beth is the Founder and CEO of Drive My Way , a unique, personalized recruiting service that matches CDL truck drivers with available jobs based on their qualifications and personal preferences. About Beth Potratz Beth Potratz , Co-Founder and CEO for Drive My Way, has over 20 years of experience.
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
For several years now, it has been a tradition for me to use this blog to offer a little outlook on the coming months of SCM, a kind of glimpse into the crystal ball. This year, however, it is particularly difficult for me to do so. I have spent the last couple of weeks repairing the extensive damage that the climate crisis has caused to my parents’ house.
Happy New Year! I hope everyone had a fun and relaxing holiday. 2024 is kicking off right where 2023 left off: with lots of risk and uncertainty in ocean shipping, as several of the news items below highlight. What lies ahead in the world of supply chain and logistics? Everything from the known knowns (e.g., Read more The post Above the Fold: Supply Chain Logistics News (January 5, 2024) appeared first on Talking Logistics with Adrian Gonzalez.
Ben Gordon and Joe Lynch discuss getting Clarity in a Dangerous World. Ben is the Founder of Cambridge Capital (private equity), BGSA (M&A advice), and the Logistics Coalition (humanitarian aid). Ben is hosting the BGSA Supply Chain Conference that will be held January 24-26 in Palm Beach, Florida. About Ben Gordon Benjamin Gordon is the Founder and Managing Partner of Cambridge Capital.
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.
Strategic Priorities for Post Pandemic Supply Chains by Mark Millar, Keynote Speaker, Professional Moderator, Trusted Advisor, Visiting Lecturer, Commissioned Author Global Supply Chain Ecosystems Cumulative disruptions have exposed the profound interdependencies and inherent vulnerabilities in today’s very complex, global supply chains. The three colossal ‘Black Swan’ events of recent years – COVID-19, the Suez Canal closure and the ongoing crisis in Ukraine – are being supplemented with numero
The late business guru Peter F. Drucker once stated, “Whenever you see a successful business, someone once made a courageous decision.” For years, business consultants have encouraged businesses to become data-driven. They could just as well have insisted that businesses become decision-driven — it is the decisions made as a result of analyzing data that are really important.
According to Supply Chain Dive , the US manufacturing industry ended 2023 with growing optimism for a 2024 rebound. Both the ISM and S&P Global PMI indices pointed to rising business optimism and increased investment in advertising. While inflation remains a concern, cost increases are slowing down, suggesting subdued industrial price pressures.
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.
I am an avid lover of cinema and television. I picked up our family’s VHS camcorder early on and never looked back, creating homemade movies and marveling at what I would watch on our tiny television growing up. Recently, a show I have come to quickly love has been “ The Bear ” which is about, a young fine-dining chef named Carmy, who comes home to Chicago to run his family’s sandwich shop.
Strategic Priorities for Post Pandemic Supply Chains 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. Download the latest LogiSYM Supply Chain Magazine now!
Do MRO companies genuinely prioritize reducing excess spare parts inventory? From an organizational standpoint, our experience suggests not necessarily. Boardroom discussions typically revolve around expanding fleets, acquiring new customers, meeting service level agreements (SLAs), modernizing infrastructure, and maximizing uptime. In industries where assets supported by spare parts cost hundreds of millions or generate significant revenue (e.g., mining or oil & gas), the value of the inve
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.
HMM announced that it had developed its Supply Chain Carbon Calculator January 3, allowing cargo owners to better manage the carbon footprints of ships, trains and trucks.
By Jessica Sweet (pictured) Content Writer at makeLifeSweeter.com The post What Logistics Businesses Need To Think About appeared first on IT Supply Chain.
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