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Executive commitment to sustainable procurement is at an all-time high, but several roadblocks continue to impact organizational ROI. Despite the growing awareness and commitment to sustainability in the supply chain, our 2019 Sustainable Procurement Barometer uncovered common challenges that limit company success and business value, including: Tracking supplier performance (cited as an issue for 39 percent of procurement organizations).
Compliance and quality are the foundations all great food & beverage manufacturers rely on to create and strengthen trust with their distribution networks and customers. How strong they are at traceability is the cornerstone every one of them rely on to meet compliance requirements and keep excelling at quality. Traceability Is Key To Excelling At Compliance And Quality for Food & Beverage Manufacturing Companies.
There have been many ways that companies have attempted to exchange data and information with their trading partners over the years. One more recent method is through online customer portals. While these portals are meant to replace the manual processing of faxes and emails, they create their own integration challenges. What are some of those. Read more Integrating Customer Portals into End-to-End Supply Chain Processes.
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
Part II in our series on assessing your Demand Forecasting process . In Part I of this series , we looked at supply chain professionals’ perception of forecast accuracy and how they see their forecast evolving in the future. With supply chain complexity on the rise, can new technologies help to improve forecast accuracy and achieve benefits like an optimized inventory and better customer service?
Real-time transportation visibility has become a powerful tool for shippers and logistics services providers (LSPs). Because the market is so hot, a number of transportation visibility vendors have entered the space and, to get attention, have made big claims about their tracking capabilities, which are misleading potential users. What we are seeing is a bad case of “Big Hat, No Cattle”.
Real-time transportation visibility has become a powerful tool for shippers and logistics services providers (LSPs). Because the market is so hot, a number of transportation visibility vendors have entered the space and, to get attention, have made big claims about their tracking capabilities, which are misleading potential users. What we are seeing is a bad case of “Big Hat, No Cattle”.
All businesses want to achieve success, but omnichannel supply chain success requires a comprehensive level of oversight and control in your operation. Omnichannel orders may come from anywhere, so significant risks exist. However, inventory optimization can solve these challenges. What’s Wrong With Current Inventory Optimization Processes? Apart from organizations that have recently invested and implemented.read More.
The question that seems to get asked more often than not is to talk about how many industrial applications we can name for machine learning. Well, frankly that’s the wrong question. Machine learning is not a device you can plug into a production line and make the production line operate better than it did before. Machine learning is a process that needs inputs from many devices to feed data to it so that data can be collected, evaluated, and used to develop knowledge about how a production line
Part II in our series on assessing your Demand Forecasting process . In Part I of this series , we looked at supply chain professionals’ perception of forecast accuracy and how they see their forecast evolving in the future. With supply chain complexity on the rise, can new technologies help to improve forecast accuracy and achieve benefits like an optimized inventory and better customer service?
Ah yes, it is officially palindrome week. This year, however, palindrome week takes on a whole new significance. After next Thursday (9/19/19), there will not be an official palindrome week until 2021 (we don’t count putting a 0 in front of the month around here). This is the end of a wonderful run of years, starting in 2011, where the dates read the same frontwards and backwards for a week+.
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.
by Kaori Enami With more than 200 applications for just 100 available seats, it would be an understatement to say that interest was strong in the 2019 Kinaxis Supply Chain Innovation Forum, held recently in Tokyo, Japan. Kinaxis Japan invited Yoshinobu Ueno, Professor of Graduate School of Engineering, Kanazawa Institute of Technology and CEO of Valuegrid Institute Co., to present the forum’s keynote.
Vishal Patel, VP Product Marketing, Ivalua [link]. Data is beyond critical to Procurement Operations. It’s everything, and the burden falls on procurement leaders to capture pertinent data to build good teams, track performance and show value. Now with Digital Transformation as a mandate, Procurement officers must also find ways to measure their digital progress.
Artificial Intelligence (AI) is everywhere around us. From simple digital watches to complex urban planning and development, the new form of intelligence is revolutionizing the way people live and the way companies work. Supply chain management is not an exception here because AI is changing it slowly but steadily. The process lasts for a long.read More.
When I look back at my very first mentor, I think of my dad. My dad passed away in June, and as with the loss of anyone that you love, you reflect on all they meant to you. I soon realized how much of a role my dad played in mentoring me, starting as early as elementary school. He consistently had words of advice to share and lived a life of the advice that he taught me.
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
Today, I would like to call attention to a highly-cited article by Baldwin & Lopez-Gonzalez, titled Supply-chain Trade: A Portrait of Global Patterns and Several Testable Hypotheses , which was published in The World Economy in 2015. The journal’s perspective – trade policy and other open economy issues – differs from the supply chain management perspective I normally talk about here, which gives this article an interesting complementary perspective.
As you read this I’ll be on my way to Saratoga Springs, NY for the JDRF Ride to Cure. Together with my Logistics Leaders for T1D Cure teammates, I plan to cycle 100 miles tomorrow in support of JDRF’s vision to create a world without type 1 diabetes. Cycling 100 miles is challenging enough, but. Read more Above the Fold: Supply Chain Logistics News (September 13, 2019).
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 next time you feel the need to toast someone, raise your glass to all the supply chain professionals involved in omnichannel retail operations. They have it tough. John McAteer, Vice President of Sales, Retail, and Technology at Google, writes, “In retail, there’s no space for standing still. Empowered by mobile, people can get exactly what they want instantly and effortlessly, and they expect retailers to meet their needs faster than ever before.”[1] Consumer “needs” include multiple ways o
PINC Solutions has been able to set a high standard in the yard management space with its robust range of services that include shipment analysis, real-time visibility, and overall process improvement across locations. PINC Solutions has a wide range of customers from manufacturers, retailers, distributors and carriers to 3rd Party Logistics (3PL) organizations and it has visibly improved the operational efficiency of its clients’ yards.
At the Manhattan Associates Momentum 2019 conference earlier this year, I had the opportunity to interview Chris LaFaire, SVP of IT at National DCP, a $2 billion supply chain management company. You might not be familiar with the name National DCP (NDCP), but you likely know the brands it supports: Dunkin’ Donuts and Baskin Robbins. Read more Project Freshstart: A National DCP Success Story.
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.
Today’s consumers can be characterized as persnickety — that is, they require a particularly precise or careful approach. Persnickety consumers expect a great customer experience when dealing with brands and retailers. Staff members at CIO Review write, “Customer experience is defined by interactions between a customer and an organization throughout their business relationship which can include awareness, discovery, cultivation, advocacy, purchases, and service.”[1] Part of that service is
By Mike Mortson , CEO, Supply Chain Game Changer. Supply chain professionals are hiking their spending on supply chain innovation—substantially. Ninety-five percent said they plan to spend more this year than last, and 60 percent will spend more than $1 million over the next two years on disruptive technologies such as robotics, automation, predictive analytics, artificial intelligence, and the Internet of Things (IoT).
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.
The future of the supply chain has some big investment drivers, but what are they? And what have they historically been? More importantly, how do companies apply them to keep their supply chains both effective and reactive… without creating delay? From applying predictive analytics to using IoT to avoid disruption, hear from JDA’s Fred Baumann on how companies can leverage their supply chains to drive better customer service in a positive way.
Apple harvests and the arrival of Hurricane Dorian on the East Coast rearranged supply chains, tightened capacity, and boosted rates on several lanes last week.
The Independent published a piece this week stating that “ The environmental costs of fashion are too high – we must consume less or it will be the death of us.” In it, Lizzie Rivera gives a scathing review of the repugnant issues baked into the fashion industry. These problems are not new. And with each month, more headlines cut through the curtain of fashion, resulting in shoppers taking note and changing their behaviours.
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