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GPS tracking devices are an invaluable tool for many businesses that ship goods. There are a number of problems that can occur when goods are in transit, making real-time visibility essential for shipping companies. However, outfitting shipments with GPS tracking to get real-time location updates can be expensive, but the industry has found a cost-effective and efficient solution through disposable GPS trackers.
BUSINESS TRANSFORMATION AND TECHNOLOGY ADOPTION. In the recent past, businesses have seen rapid changes in customer behavior and technology use as well as a rise in social media’s ability to influence buying decisions. Because customers are more demanding, organizations are now forced to produce more personalized products (made to order), rather than rely on traditional manufacturing models, where different variants are produced and then sold into the market (made to stock).
Modern shipment tracking might not seem like a big issue. It’s a simple process that simply shows the package’s last known location. In today’s world, shipment tracking sounds new and innovative, but humanity has been tracking shipments for longer than many realize. And with demand for more shipping growing across all carriers, the need for faster more accurate tracking will increase.
The future for many enterprises is a weak possibility of getting ahead as a consequence of the pandemic. Top businesses as British Airways and Tesco give the first steps to change direction to redesign their 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
Learn about: Understanding CPG data analytics The differences among observational data, activity data, and sales data Data analytics solutions for CPGs. CEOs of successful consumer packaged goods (CPG) companies know they need to make clear-cut decisions in order to be true business leaders. One poor decision can be disastrous. . As far as the CPG industry is concerned, employing a data-backed business strategy is crucial for success where there is minimal scope for wrong decisions.
Learn about: Understanding CPG data analytics The differences among observational data, activity data, and sales data Data analytics solutions for CPGs. CEOs of successful consumer packaged goods (CPG) companies know they need to make clear-cut decisions in order to be true business leaders. One poor decision can be disastrous. . As far as the CPG industry is concerned, employing a data-backed business strategy is crucial for success where there is minimal scope for wrong decisions.
For retailers who are still not prepared for the rapid omnichannel switch, now is the time to take action. Retailers will have to redesign their supply chains.
On Thursday morning, I began an engagement with a food manufacturer attempting to drive “Supply Chain 2.0. ” When I asked for a definition, the phone was silent. The answer was not clear to them. (They wished that I had not answered the question… ) So, I want to give you a helping hand. My observation? Most companies have a hairy, audacious goal, but have failed to give it definition.
New product introductions (NPI) are critical to any company’s success, but many of them never become household names. In fact, it’s estimated that up to 80 percent of new product launches in the consumer packaged goods (CPG) industry fail. Adding to this already uphill battle, we don’t have trustworthy new product forecasting methods because forecasting new products with no sales data is very hit-and-miss.
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.
When it comes to TMS and digital freight, there is a lot of interest. More and more TMS suppliers are integrating digital marketplaces into their core TMS offering. As the supply chain world continues down its digital transformation path, digital brokers can play an integral role in easing capacity constraints, opening up new lanes, and providing a benchmarking tool for shippers.
Delivery man carrying cardboard boxes and loading them in a mini van. In my previous blog post , I talked about the factors that make last mile logistics one of the most complex and expensive parts of the supply chain. I also looked at DELMIA Quintiq Logistics Planner for the Last Mile , an out-of-the-box solution to optimize last mile planning. In this blog post, you’ll find out how this solution is uniquely suited to help meet your consumer expectations in a cost-efficient way.
The first half of 2020 is over. But keep your seatbelts tightly fastened because the second half of the year could be just as unpredictable. Not surprising, six of the top ten posts we published in the first half of 2020 were related to the COVID-19 pandemic (see below). Nothing has impacted global supply chains, Read more Top Talking Logistics Posts & Episodes – Plus Indago Highlights (1H 2020).
The healthcare provider world is facing tremendous strain as a result of the pandemic. I have some real context of this, living in NYC and having a family member that works at a hospital. While it is a difficult time, you have to also applaud the heroic efforts of this industry as a whole. On the flip side, the pandemic has highlighted the long standing need for digital transformation within healthcare.
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
Fill out the Form Below to Get a Free Copy of the White Paper to Your Inbox! The state of last mile logistics remains in turmoil. There are plenty of opportunities for advancement, and the demand for a better last mile experience is equal across both business-to-business (B2B) and direct-to-consumer (D2C) logistics. Unfortunately, final mile.read More.
Supply chain modeling is essential to substantiated resiliency analysis and to the planning of risk responses. A supply chain model is the digital representation of the structure, product flows and policies of a physical supply chain. It is created by transforming data into predetermined structures, so that such data templates can be used in conjunction with mathematical algorithms, to determine improved future state structures, product flows and policies.
Over the past couple of months, most supply chains have weathered an unexpected storm. Rules and regulations are updated frequently in order for manufacturers, retailers and distributors to continue delivering. There’s no doubt that supply chains are feeling strained as they continue to adapt to these circumstances while operating efficiently and cost-effectively.
When media outlets like The Economist and Financial Times start publishing eulogies for globalization, you know something has changed on the world stage. Economist journalists bluntly ask, “Has covid-19 killed globalization?”[1] They note, “Even before the pandemic, globalization was in trouble. The open system of trade that had dominated the world economy for decades had been damaged by the financial crash and the Sino-American trade war.
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.
Establishing clear channels for the routing of reverse logistics represents a significant challenge in the modern supply-chain. Organizations that successfully target reverse logistics challenges can streamline the returns management process and lower total freight spend. As a result, supply chain executives need to understand the top challenges in the reverse supply chain and their role.read More.
Norrman & Jansson’s (2004) case study on Ericsson’s supply chain risk management (SCRM) practices is definitely part of the canon of SCM literature. After 15 years, it was time for an update. Together with Andreas Norrman, I visited Ericsson in Stockholm to investigate their SCRM practices. The results can now be found in our new article, The Development of Supply Chain Risk Management over Time: Revisiting Ericsson.
Since tomorrow we will be observing Independence Day, here is the supply chain and logistics news that caught my attention this week: U.S. Treasury to acquire 30 percent of [YRC Worldwide] in exchange for $700 million loan (Washington Post) USMCA Takes Effect but North American Trade Tensions Remain (WSJ – sub. req’d) FedEx Jumps Most. Read more Above the Fold: Supply Chain Logistics News (July 2, 2020).
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.
Expect the unexpected. This is the new mantra of food and beverage (F&B) manufacturers. It pertains to all areas and aspects of the business, but it absolutely should not refer to the ERP solution. The ERP system is the backbone of a manufacturer, especially for food and beverage companies, and an ERP should provide nothing less than reliability, dependability and adaptability in today’s world.
American Independence Day is a holiday most commonly celebrated with hotdogs, hamburgers, refreshing beverages and festive fireworks. Enthusiasm for the 4th of July isn’t hard to find in the U.S. – celebrations of all sizes take place at homes throughout the country! Though this year may look a little different due to the pandemic, Americans […].
The current COVID-19 pandemic is creating many supply chain challenges for companies and organizations around the world, but it’s also serving as a catalyst for change and innovation. What supply chain capabilities will separate the leaders from the laggards, not only in response to this current crisis, but in their ability to succeed in the. Read more [Video] Making A Difference: Feeding America & Transplace.
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.
Managing the Coronavirus Risk to the Supply Chain A year ago, who could have predicted that every business would be affected by a novel coronavirus (COVID-19)? Unfortunately, we’ve all learned the truth of the matter. In the months since the disease was first classified as a pandemic, no industry in the country has been spared.
The COVID-19 pandemic caused unprecedented global supply chain disruptions, impacting the flow of parts and finished goods around the world. Consumer demand across many product categories experienced a sudden shift, as well, with demand for essential products like food, cough medicine, disposable gloves and toiletries increasing sharply, while demand for non-essentials like clothing and jewelry declined sharply.
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