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By Martin Verwijmeren (pictured). CEO & Co-Founder of MPO. The post Hindsight Is 2020: Top 5 Takeaways for Supply Chain Leaders appeared first on IT Supply Chain.
How can manufacturers manage disruption and improve productivity? By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Most manufacturers have already made the easiest and most obvious changes to improve their operations, leveraging traditional methods to boost their own productivity and simultaneously create a more dependable supply chain.
When I started my business in 2012, I frequently wrote about the future using the moniker of Supply Chain 2020. We had just recovered from a recession, and my goal was to help supply chain leaders create a better supply chain by the end of the decade. At that time, Supply Chain 2020 seemed so far away. My focus was simple. By combining leadership and technology, I believed that we had the opportunity to create a better supply chain.
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
This is part 2 of a 2-part series on how to succeed in planning and decisions amid times of disruption. In part 1 of my blog on Planning the Value Chain and Decision Making in Times of Disruption, the focus was on the ability to react and execute amidst the unpredictability of demand. Speed ??in decision-making, the ability to adjust plans quickly—or even to design an entirely new plan—is critical when deadlines are pressing.
As COVID-19 continues to reshape the supply chain, we're looking ahead to the emerging trends in warehousing you need to be aware of to ensure your organization thrives in 2021. Flexible, scalable warehouse space, forward-deployed inventory, and supply chain resiliency are among the leading trends that will help companies meet new consumers' expectations while supporting health protocols.
As COVID-19 continues to reshape the supply chain, we're looking ahead to the emerging trends in warehousing you need to be aware of to ensure your organization thrives in 2021. Flexible, scalable warehouse space, forward-deployed inventory, and supply chain resiliency are among the leading trends that will help companies meet new consumers' expectations while supporting health protocols.
Overcoming Supply Chain Disruptions with Shanna Greathouse and Tony Nichols. Tony Nichols , Shanna Greathouse , and Joe Lynch discuss overcoming supply chain disruptions. Tony and Shanna work at CarrierDirect , a company that specializes in helping companies minimize supply chain risk. About Tony Nichols. Tony Nichols is a Vice President in CarrierDirect’s Supply Chain Practice.
How can manufacturers manage disruption and improve productivity? By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Most manufacturers have already made the easiest and most obvious changes to improve their operations, leveraging traditional methods to boost their own productivity and simultaneously create a more dependable supply chain.
By Harnil Oza (pictured). CEO & Founder of Hyperlink InfoSystem. The post Artificial Intelligence Helps In Detecting Ecommerce Fraud appeared first on IT Supply Chain.
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.
Hit hard by the global pandemic and ready to future-proof their operations, companies are deploying AI-enabled solutions that can help them work better, smarter and faster.
According to Bob Dylan’s iconic ballad, “The answer, my friend, is blowin’ in the wind. The answer is blowin’ in the wind.” Many companies are undoubtedly wondering where they can find answers to the SolarWinds Orion hack. This extensive breach came to light when the cybersecurity company FireEye made public the fact that its system had been hacked by nation-state hackers (almost everyone agrees those hackers were acting on behalf of Russia).
Today’s customers are spread across increasingly diverse platforms and locations, both on- and offline. Thankfully for modern businesses, reaching the right customers, at the right place and at the right time (i.e. when they are looking to buy) is helped by sophisticated systems that help you track and evaluate your efforts across channels. Here we’ll look at what it means to use multichannel marketing to reach customers – and touch on the multichannel sales order management, and mul
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
With the first winter weather of the pandemic bearing down across the U.S., shippers are looking to ensure their supply chains aren't further disrupted by freezing temperatures.
It’s almost inevitable you will receive something for Christmas that you don’t want or doesn’t fit. Journalist Kelly Tyko ( @KellyTyko ) writes, “The thoughts that creep up moments after opening an unwanted gift might go something like this: How do I get rid of it? Darn, no gift receipt. What time do stores open tomorrow? Is there anyone I can regift this to?
Research shows that over 77% of companies, businesses, and corporations use eLearning strategies. By 2020-2021, 98% of corporations are planning to incorporate eLearning into their programs. The U.S eLearning market will grow by $12 billion between 2020 and 2024. Likewise, the global online learning market will reach a whopping $325 billion by 2025.
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.
As we approach the one-year mark of the COVID-19 pandemic, supply chains in the U.S. are still struggling to operate confidently and efficiently with essential supplies.
As 2020 comes to a close, it’s time to reflect back on a wild and crazy year in retail, to paraphrase the Festrunk brothers from Saturday Night Live. COVID-19 came in like a wrecking ball in February and March, causing widespread shutdowns that hit retail especially hard, leading to hockey-stick growth in ecommerce as consumers everywhere hunkered down to stay safe and purchased tons of essential goods from their devices.
In the freight shipping and logistics industry, there are different seasons, so to speak. Fluctuations in the truckload market happen throughout the year based on seasonal demand, capacity etc., and in turn, impacts rates and the different options available to truckload shippers. Understanding truckload shipping seasons can help you optimize your supply chain and plan ahead for busier months when capacity is tighter.
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.
As the fog of hype that accompanied the early days of blockchain begins to lift, the technology is beginning to yield tangible results in a variety of industries, most notably worldwide agribusiness.
Coming into this year, no one could have predicted the pandemic and unprecedented disruption to the supply chain – and essentially to all businesses in one way or another. That said, many have been proclaiming the critical necessity for end-to-end visibility, agility, and flexibility for years. From learning to adapt to investigating the foundational technological tools that allow brands and logistics service providers to mitigate risk and disruption and provide customers with excellent service
2020 created unprecedented challenges for the Healthcare Industry, as many companies were affected in so many ways, disrupting many, and putting off others. In short, our reliance on the technology needed to increase exponentially.
In my time at FourKites, I’ve assisted in many yard management system (YMS) implementations and asked customers why they decided to adopt a yard management system. Across the board, the responses are some variation on the theme of cutting costs and operating their yards more efficiently. Fortunately, with Dynamic Yard , they’re able to see real results in both of those areas immediately post-implementation.
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.
Father of the Portfolio Purchasing Model, Peter Kraljic, a former McKinsey & Co. director is heralded as being the first to propose that enterprises should regard purchasing as a separate operation in supply chain management. Kraljic argued that efficient, cost-effective production and operations were possible if procurement wasn’t seen as a mere tactic function but […].
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