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We live in a digital age in which data has become an important company resource. In fact, Yossi Sheffi ( @YossiSheffi ), the Elisha Gray II Professor of Engineering Systems at MIT, asserts data is a company’s most important asset. He writes, “The well-worn adage that a company’s most valuable asset is its people needs an update. Today, it’s not people but data that tops the asset value list for companies.”[1] That’s why most business consultants insist that organizations built on a f
In an effort to enhance production capabilities to keep pace with the High-Tech market demands for rapid product innovation and customized, short-run production, manufacturers are quick to adopt transformational changes and new digital solutions. However, manufacturers should not forget that their transformational changes should not only focus on new technology, but also their most important resource—their operational teams.
Ed Ryan, CEO of Descartes. The Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG) reported stellar results once again last Wednesday (December 1st). Descartes is a software-as-a-service provider of logistics solutions. In some logistics application areas, like global trade compliance , they are a market leader. In the call with financial analysts to discuss the third quarter results, Descartes’ CEO Ed Ryan spoke.
“There is no doubt that the global supply chain market is growing exponentially. The mismatch between the high demands by employers and the supply of logistics skills and knowledge is resulting in a growing gap in the logistics & supply chain market”. Talent gaps in logistics and supply chain, continues to be a top challenge and a source of high risk for many companies.
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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Will supply chain problems cancel Christmas this year? That’s what many recent headlines would lead you to believe. But while those headlines are mostly hyperbole, the fact is there are unprecedented supply chain challenges this year. The intricate and interconnected processes involved in global supply chain management, from the first mile at the country of.
Will supply chain problems cancel Christmas this year? That’s what many recent headlines would lead you to believe. But while those headlines are mostly hyperbole, the fact is there are unprecedented supply chain challenges this year. The intricate and interconnected processes involved in global supply chain management, from the first mile at the country of.
Cargo theft continues to be a problem, especially around the holidays. And I don’t just mean the winter holidays; cargo theft typically spikes during any holiday season where businesses may be closed for an extra day or two. But what exactly is cargo theft? I found a very detailed definition on the Texas Department of Public safety website. Cargo theft is “the criminal taking of any cargo including, but not limited to, goods, chattels, money, or baggage that constitutes, in whole or in part, a c
Getting better statistical forecasts involves choosing the right technology, applying multiple forecast optimisation techniques, and a continuous improvement approach. Has your demand planning organisation adopted these methods? This blog post is the second part of a Chainalytics’ Integrated Demand and Supply Planning practice five-part series on improving statistical forecasting.
“Data is the new oil,” stated Clive Humby, a British mathematician, in 2006. “It’s valuable, but if unrefined it cannot really be used. It has to be changed into gas, plastic, chemicals, etc. to create a valuable entity that drives profitable activity; so must data be broken down, analyzed for it to have value.” Humby’s. Read more Data is the New Oil: Competing on Logistics 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.
The unprecedented cargo logjams off the southern California coast wreaking havoc on supply chains show no signs of waning. Just two days before Thanksgiving, FreightWaves reported an “all-time-high 93 ships” were waiting there. Workforce shortages and other challenges abound throughout all transportation sectors, and while this may revitalize investments in localized manufacturing, expanded warehousing to hold more inventory, and other efforts, these changes do not solve today’s issues.
The advent of business networks on cloud platforms enables real-time visibility into supply chain conditions, allowing organizations to respond nimbly and add millions to their top and bottom lines.
Home Depot’s Empty Mile Solution with Eduardo Silva. Eduardo Silva and Joe Lynch discuss Home Depot’s empty mile solution. Eduardo is the Group Product Manager at Loadsmart , a digital freight brokerage that leverages cutting-edge technology and strategic partnerships to help shippers and carriers move more with less. About Eduardo. Eduardo Silva is the Group Product Manager at Loadsmart.
When you wake up on Tuesday thinking it’s Wednesday, you know you’re in for a long week. We got our first dusting of snow in Boston this week. Not enough to shovel or make snowballs…or stop delivery robots in their tracks, as happened to this poor fleet in Estonia. The morning in the Estonian capital. Read more Above the Fold: Supply Chain Logistics News (December 10, 2021).
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
Reimagining the Food Supply Chain with Eric Ristow and Luis Pajares. Eric Ristow , Luis Pajares , and Joe Lynch discuss reimagining the food supply chain. The food supply chain has many challenges including poor customer experience, disconnected cold storage networks, and a lack of system integration resulting in limited visibility. About Eric Ristow.
By Varia Makagonova (pictured). Director of Marketing at Contentstack. The post Why You Can’t Run a Modern Enterprise Without a Modern Content Management Architecture appeared first on IT Supply Chain.
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.
If the start of global COVID-19 pandemic accelerated e-commerce growth with millions of consumers purchasing products online, pandemic fatigue is now driving many consumers, at least in the U.S., back to in-person shopping. According to the Wall Street Journal , U.S. shoppers spent more time and money at physical stores over the recent Thanksgiving holiday than last year.
As the holidays approached and supply chains remain strained, businesses and consumers were eager for a return to normalcy in time for end-of-year surges. But with shipping containers stalled at ports and labor shortages reducing available workers, supply chain managers are seeing little improvement as 2021 comes to a close.
Solving The Port Problem with Lauren Beagen. Lauren Beagen and Joe Lynch discuss solving the port problem. Lauren is a seasoned maritime attorney and the founder of Squall Strategies , a boutique maritime consulting and legal solutions company and offers a wide range of consulting services to serve a variety of businesses and clients. About Lauren Beagen .
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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.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Understanding the Bitcoin Mining Process! Cryptocurrency cloud mining sites article and permission to publish here provided by John Gaarg. Cryptocurrency mining (sp. minería de criptomonedas, fr. minage de cryptomonnaie) has gained tremendous popularity over the last few years. This trend is especially vivid with cryptocurrency cloud mining, where cryptocurrency cloud mining sites offer their services associated with leased h
What better way to work off the anxieties of the pandemic than an at-home boxing workout? Yet the company that’s capitalizing on that urge has had to deal with its own set of frustrations in getting product to market.
On December 10th, we celebrate Ada Lovelace’s birthday. Considered the first ever computer programmer, Augusta Ada King, Countess of Lovelace (also known as Ada Lovelace) was a mathematician who wrote about how the Analytical Engine could be used to follow a program to calculate Bernoulli numbers. The Analytical Engine is considered to be the first computer, which was designed and partly built by English inventor Charles Babbage.
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.
Transportation, scheduling and on-time delivery are important for any manufacturer and inventory manager to keep manufacturing and supply chain businesses running smoothly. Unforeseen disruption can cause unexpected delays, but there are many operations in the manufacturing industry that can be streamlined through automation. Optimizing the scenarios that can be controlled, like inventory and material management in the warehouse, can help reduce delays within an organization that can contribute
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