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As the supply chain crisis enters yet another year, demand volatility continues to reach unprecedented heights. While many businesses are feverishly working to ensure their supply chains are agile and resilient with investments in digital supply chain planning technology , some supply chain managers may be thinking, ‘isn’t demand dictated by the market?
Digital Transformation , Industrial Transformation , Smart Manufacturing or Industry 4.0 —no matter what you choose to call it, it is undeniable that the modern approach to manufacturing and business is changing. New digital technologies are creating opportunities to drive improved performance, lower manufacturing costs and increase revenue. Companies are pressured to adopt these new innovative operating models to stay competitive, or they risk losing out to faster competitors.
Today’s marketplace demands businesses invest in supply chain sustainability — your customers and investors are watching. Key Takeaways. Customers want to buy from brands that embrace sustainability and transparency Companies with sustainable supply chains are more attractive to investors Investment in supply chain sustainability creates business benefits, including higher ROI, supply chain continuity, and brand safety A digital supply chain platform helps build sustainability across the enterpr
James DeMuth, CEO of Seurat Technologies. Additive manufacturing, or 3D printing, has been around in one shape or form for a while. There has been a lot of interest in 3D printing for easing supply chain congestion, especially when it comes to small spare parts. Well, 3D printing’s next big act could be manufacturing large metal objects. If this method can be used on a large scale, US supply chains could be reimagined.
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
Oh Amazon. Once upon a time, you brought me so much joy. While some orders still delight, a few recent purchases have left me faltering when it comes to your customer experience. And now, you’ve decided to raise the price of my Prime subscription. Is it time to reconsider the subscription I once would have given life and limb for? Amazon Prime’s Price Increase: The Facts at a Glance.
The True Cost of OTIF Failure with Andrew Lynch. Andrew Lynch and Joe Lynch discuss the true cost of OTIF failure. OTIF means on time and in full , where the customer receives the completed order when they wanted it and, in the quantity, ordered. OTIF is a key supply chain metric. It is generally calculated as a percentage of total deliveries that were complete and on time.
The True Cost of OTIF Failure with Andrew Lynch. Andrew Lynch and Joe Lynch discuss the true cost of OTIF failure. OTIF means on time and in full , where the customer receives the completed order when they wanted it and, in the quantity, ordered. OTIF is a key supply chain metric. It is generally calculated as a percentage of total deliveries that were complete and on time.
When it comes to keeping trucks on-time at a warehouse or distribution center, technology plays an essential role. Transportation management systems and real-time visibility solutions have generated the majority of attention for streamlining the process of getting a truck to the dock, loading or unloading it, and getting it back on the road. However, an integral part to this process is the use of time slot management application.
During the pandemic, shortages of components for high-tech devices and automotive products have proliferated. Why? One reason is that it’s not easy for most manufacturers to have visibility into the process before finished goods are shipped. For years, supply chain technology companies have touted real-time shipment visibility, or even promised complete supply chain visibility, while.
Win Like a Navy SEAL with Sean Matson. Sean Matson and Joe Lynch discuss win like a Navy SEAL. Sean is a former Navy SEAL and the Founder/CEO of both CardoMax and MATBOCK. About Sean Matson. Sean Matson is a serial entrepreneur who has Co-Founded multiple companies like MATBOCK & most recently CardoMax. He spent 13 years (2005 – 2018) as a Navy SEAL Officer, with multiple deployments in strategic locations.
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.
Uncanny. The US GDP in 2021 grew at an unexpected rate of 5.7% in the second year of the pandemic. To understand the phenomenon , the 2019 GDP was 2.16%. Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports.
If 2020 and if 2021 proved anything, it’s that the omni-channel selling environment is here to stay. As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. Consumers have gotten used to the convenience and ease of online shopping, home delivery, curbside pickup, buy online/pick up in-store and other alternatives to the traditional in-store shopping experience.
To be successful in 2022, supply chains must continue to negotiate a very volatile and uncertain environment. Leveraging technology and network data will be more important than ever to keep supply chains on track. How can technology help address challenges like tight capacity in freight transportation? How is automation helping companies improve their transportation operations?
Inventory Management vs. Warehouse Management. Original article: Inventory Management vs. Warehouse Management. With the strong interest in Warehouse Management Systems (WMS) in an era of ever growing complexities in order fulfillment, companies – especially for executives outside the supply chain – often ask what the differences are between a WMS and IMS – an Inventory Management System.
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 wonderful world of retail. As 2021’s holiday shopping statistics proved, pandemic or not, consumers are willing to spend. (My credit card statement will also attest to this fact). And while the year ahead may hold some challenges – try not to flinch too hard at the word “inflation” – it’s also full of opportunities. The Retail Trends Shaping How We Shop in 2022.
In a survey of our Indago supply chain research community conducted in October 2021, we asked, “Which parts of the physical supply chain are the most broken or need the most fixing?” Not surprising, ocean ports ranked first, but labor was a close second. Simply put, the demand for labor across all parts of the. Read more The Labor Shortage Problem: Why It’s Bigger Than You Think and How to Address It.
CNC machining is also known as just machining and is used extensively in manufacturing and industrial applications. CNC machines use computerized controls and machine tools to cut layers of material to make custom parts. Whether you outsource or buy one, working with one of these machines will greatly speed up your supply chain. How CNC Machines Are Changing Manufacturing as We Know It.
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.
Don’t treat transport like a commodity. Transport keeps supply chains moving and customers happy. However, in too many cases, transport is managed as a commodity. As if there was high availability of it, with many alternatives, and competition based primarily on price with little added value. In fact, many transport organisations are managed around that … The post Get to Know Your Transport Organisation, Your Network, and Your Partners appeared first on Chainalytics.
It's not enough just to know where your freight in transit is. You've got to be aware of multiple aspects of the shipment, says Sam Phillips, senior solutions manager with Here Technologies.
Key Challenges in Fresh Grocery & Supermarket Supply Chains. Original article: Key Challenges in Fresh Grocery & Supermarket Supply Chains. Grocery retail supply chains have known a not-so-subtle secret for a number of years now: fresh is in. Health-conscious consumers have always had an insatiable appetite for fresh meats and seafood, right-from-grove/garden fruits and vegetables, dairy, cheese, and straight-from-the-oven bakery.
The Enchange Supply Chain House is available for those wishing to embark on a structured, medium-term journey towards Supply Chain excellence. What about those companies who need change now with no time to waste? What can they do to effect meaningful change sooner rather than later?
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.
These were supposed to be dire days for retail. The so-called retail apocalypse witnessed a record number of store closings over the past few years and the pandemic exacerbated the situation. With stores shuttered (either temporarily or permanently), even tech-challenged consumers were forced to shop online. Not surprisingly, both retailers and consumers adapted to these new realities.
Every manufacturing organization is striving for continuous improvement, and for that to occur the workforce needs to come with solutions to existing problems. These solutions usually require the usage of software-based technologies that necessitate the participation of IT specialists and developers, resulting in bottlenecks in the deployment of new solutions.
How to Improve Exception Management with End-to-End Supply Chain Visibility. Original article: How to Improve Exception Management with End-to-End Supply Chain Visibility. It’s not a matter of if disruptions will occur in the supply chain, it’s only a matter of time until the unexpected strikes and creates an exception. An exception does not necessarily guarantee a late delivery; it simply means a roadblock or challenge has arisen that requires immediate attention.
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.
It took years of wandering for the supply chain to end up in the morass in which it currently finds itself. Although portions of the supply chain are functioning well, many consultants believe a true transformation is needed in order to make the global supply chain more resilient. Such a transformation will take time, effort, and, of course, money. Too often, discussions about supply chain transformation focus on emerging technologies forgetting that true transformation involves people and proce
The medical device industry is experiencing a digital revolution that will require a re-think of how it designs and manages products and interacts with customers. Major advances in wireless technology, miniaturization, automation and computing power are encouraging the development of new connected medical devices that can generate, collect and transmit data.
By Isabel Blake (pictured). Director of Content Marketing, LevaData. The post The Impact of Accelerating Digital Transformation appeared first on IT Supply Chain.
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