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In the week before “Taylor Swift: The Eras Tour” film debuted, I needed to make dozens of friendship bracelets to trade with fellow Swifties at the movie theatre, just as had been done during the ground-breaking tour by the same name. There was one problem though: I had never made a single friendship bracelet in my life, and I had no clue where to even begin.
Supply chain disruptions have led many discussions the past couple years — and how they have been embraced by experts as the new normal. However, it is important to remember that the supply chain has always been vulnerable. It takes much less than a global pandemic — or natural disaster — or geopolitical turmoil, or port strikes – the list can go on – to throw a wrench in the works of global supply chain management.
Prior to the pandemic, efficiency was the primary focus of most supply chain operations. Severe disruptions during the pandemic changed that focus to resiliency. I’m not implying that efficiency no longer matters — it obviously does — but a disrupted supply chain can’t be efficient. Here’s the rub. According to analysts from the Boston Consulting Group (BCG), supply chain disruptions are likely to outpace resilience.”[1] As frustrating as that may sound, it doesn’t
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
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As an engineer, former solutions architect and now CEO of a leading supply chain technology company, I have a real affinity and respect for Chief Information Officers (CIOs) and their teams, without whom successful enterprise technology deployments would be impossible. That’s why I value the time I get with CIOs every bit as much as I value time with CFOs, CSCOs and supply chain professionals of every stripe.
As an engineer, former solutions architect and now CEO of a leading supply chain technology company, I have a real affinity and respect for Chief Information Officers (CIOs) and their teams, without whom successful enterprise technology deployments would be impossible. That’s why I value the time I get with CIOs every bit as much as I value time with CFOs, CSCOs and supply chain professionals of every stripe.
Numerous forces drive your organization’s need for visibility across supplier activities. Global demand and supply chain networks naturally include distance, cultural, time-zone, tariff, geopolitical and other types of challenges when working with suppliers. As a result, it’s difficult to discover qualified suppliers, effectively collaborate with suppliers and quickly respond to unexpected supply events.
In 2023 so far, Life Sciences has surprisingly had the highest number of EventWatch AI alerts of any industry tracked by Resilinc. In this Q&A, we sat down with Craig Fix, Resilinc’s Senior Director of Customer Success, to discuss why this is happening and how it is impacting the entire industry. Craig is a veteran practitioner in Life Sciences with nearly 30 years of experience and was Resilinc’s first Life Sciences customer, giving him a unique perspective on the latest challenges.
Staying ahead of supply chain disruptions today is both art and science: the art of knowing the trends to prepare for, and the science of determining how to reduce risk and increase resilience.
Supply chain visibility software has emerged as a game-changer, offering real-time insights, advanced analytics, and streamlined operations. In this listicle, we explore the top 5 supply chain visibility software solutions that are revolutionizing the way companies manage their logistics. The post List of Top 5 Best Supply Chain Visibility Software to Look for in 2023 appeared first on loginextsolutions.com.
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.
One of the ideas at the heart of the discipline of supply chain management is the importance of collaboration. The discipline has done a good job of driving collaboration between sales and marketing and manufacturing, procurement, and logistics. The profession has not yet managed to integrate product development into core decisions in a meaningful way.
Last month, Descartes Systems Group (a Talking Logistics sponsor) held its “2023 Descartes Innovation Forum for Broker, Forwarder and Customs.” I served as a panelist on a session titled, “AI in Logistics Technology – Ally or Adversary?” I was joined on the virtual stage by Nelson Cabral, National Customs Manager at DSV Air & Sea. Read more The post How Is AI technology Impacting The Logistics Industry Today?
Mark Vickers and Joe Lynch discuss Mexico transportation risk. Mark is the Executive Vice President and Head of International Logistics at Reliance Partners , one of the nation’s fastest-growing commercial insurance agencies. Reliance Partners’ Borderless Coverage is a global insurance program designed to protect businesses of all sizes from the risks associated with international operations.
Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. More Resources Home October 25, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.
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
The leaves are changing, the mornings and nights are getting cooler, Halloween is less than a week away, and Amazon, Target, Walmart, and Best Buy have launched holiday kickoff deals. That means that we are getting ready for the annual holiday logistics bonanza. The National Retail Federation (NRF) has issued its annual forecast, anticipating that retail sales will grow between 4 percent and 6 percent in 2023, meaning sales will reach between $5.13 trillion and $5.23 trillion this year.
It’s one of those Fridays, where I’m short on sleep, short on time, and have lots to do before the day is over. So, without delay, here’s the supply chain and logistics news that caught my attention this week: Happy (But Hopefully Fewer) Returns With the holidays approaching, this is the time of year when. Read more The post Above the Fold: Supply Chain Logistics News (October 27, 2023) appeared first on Talking Logistics with Adrian Gonzalez.
To many people, the world appears a mess. They see senseless wars, extreme weather patterns, rising tensions, political division, and the list goes on. Leading successfully in times of uncertainty can be an enormous challenge. Nevertheless, the late economist John Kenneth Galbraith once observed, “All of the great leaders have had one characteristic in common: it was the willingness to confront unequivocally the major anxiety of their people in their time.
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.
Retailers have gotten the message: Optimize or die. That’s a clear takeaway from a new national survey on artificial intelligence. The survey, conducted by Blue Yonder , found that the vast majority of retail executives: Considered themselves very knowledgeable about AI (85%). Had no hesitations about applying AI to their business operations (85%). Were using AI in at least one application related to supply chain or order management (95%).
Supplier negotiation is the most critical skill in the world of procurement. Effective supplier negotiations do not limit to the best price but a mutually beneficial agreement from both the parties that can have a profound impact on the company. It is a skill that needs a strategic approach and it is not something anyone can do. It requires an in-depth knowledge of procurement processes to be able to bring the supplier on a mutual agreement.
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.
In today’s competitive business landscape, companies are constantly seeking ways to improve their operational efficiency and drive increased revenue. Optimizing service parts management is an often-overlooked aspect that can have a significant financial impact. Companies can improve overall efficiency and generate significant financial returns by effectively managing spare parts inventory.
The week of Oct. 16, 2023, was Global Week of Giving at Blue Yonder, and our associates contributed more than 700 hours of volunteer time helping local communities!! With World Food Day taking place on Oct. 16, food insecurity was a primary focus for several Blue Yonder planned events. However, associates also volunteered for many other causes that are important to them throughout the week.
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.
Smart Software is pleased to announce that it is the recipient of the Epicor ISV Marketing Excellence Award, recognizing Smart’s outstanding performance in driving successful marketing initiatives, campaigns, and innovation. The post Smart Software has been honored with the Epicor ISV Marketing Excellence Award appeared first on Smart Software.
With the UFLPA and CTPAT in place, efforts are clearly being made to counteract the use of slave and forced labor in supply chains. But will it be enough?
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