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There’s certainly a lot of data in supply chain and logistics. Some companies drown in it, while others find a way to convert data into business value. One area where data plays a critical role is in transportation procurement. How does data connect to procurement connect to profitability? That’s the key question that Jake Papa, Read more [Video] Supply Chain’s Most Profitable Four-Letter Word: Data.
A transparent digital supply chain will give you the insights you need for faster fulfillment. Key Takeaways: Same-day delivery is preferred by most consumers today, and supply chains must speed up to match that fulfillment speed. Fulfillment can be delayed anywhere in the supply chain, but if you can’t see where it’s happening, you can’t do anything to fix it.
Inflation is starting to impact the retail sector in significant ways. Some experts believe artificial intelligence (AI) capabilities will help retailers find their way through these volatile times. Even if inflation wasn’t an issue, Richard Kestenbaum ( @RKestenbaum ), Co-founder and Partner at Triangle Capital LLC, insists, “Artificial intelligence will be important at every level of retail.”[1] According to Kestenbaum, some retailers don’t understand AI’s importa
What Shippers and Retailers Need to Know for Peak Season Planning 2022. WRITTEN BY STEFANY MARTIN / POSTED ON JUNE 9, 2022. Original Article: What Shippers and Retailers Need to Know for Peak Season Planning 2022. When asked what peak season is, it’s easy to assume the holidays are the only peak shipping season. However, four shipping seasons occur throughout the year and are often regular and expected.
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
Its All About the Details. I am currently finishing up this year’s version of ARC Advisory Group’s annual WMS market research study. It struck me as I reviewed past growth rates how persistent WMS sales growth has been. I then questioned if there is some other factor at play in the technology’s persistent growth. I decided to take a step back and propose an organizational explanation of why I believe WMS sales growth is so persistent.
There is a rising trend towards incorporating sustainability in supply chains growth strategies, particularly as economies transition towards a post-pandemic outlook. In fact, 64% of CFOs believe that an Environmental, Social, and Governance (ESG) program can improve their company’s financial performance. Given that many supply chains are still attempting to balance costs and services in.
There is a rising trend towards incorporating sustainability in supply chains growth strategies, particularly as economies transition towards a post-pandemic outlook. In fact, 64% of CFOs believe that an Environmental, Social, and Governance (ESG) program can improve their company’s financial performance. Given that many supply chains are still attempting to balance costs and services in.
While the supply chain talent wars continue, it’s incumbent upon today’s business owners to consider whether the technology they use day to day has any ‘wow’ factor. Demand parameter optimization has that ‘wow’ factor. In this post we look beyond the more conspicuous and well-documented benefits of advanced supply chain technologies, such as increased speed to market, more efficient operations, improved customer satisfaction and the ability to thrive during ec
NEW Webinar: 7 Uncommon Keys to WMS Project Success. Thursday, July 21st 2022 l 11:30 AM EST. WMS projects can be challenging from start to finish. Achieving success requires process discipline and focus, and appropriate levels of effort, staffing and more. Otherwise companies face unnecessary risk, poor decision-making, delays in time to value, and – in the worst case – project failure.
As retailers across the U.S. struggle with disrupted supply chains and volatile economic markets, returning a profit has become more challenging. Retail executives are prioritizing investment in technology that can increase supply chain efficiency and their profits. They want technology to deliver last-mile efficiency along with a great customer experience and they want it now.
Silver bullet (noun): a simple and seemingly magical solution to a complicated problem. In my 23 years as an industry analyst, there is probably no topic that has been written about and talked about more than supply chain visibility. I’ve certainly done my fair share of commenting on the topic. For sure, we have made. Read more There’s No Supply Chain Visibility Silver Bullet.
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.
Gordon Downes and Joe Lynch discuss the NYSHEX story. Gordon is the Co-founder and CEO at NYSHEX , a company that exists to help restore trust and reliability to global trade so everybody wins. About Gordon Downes. Prior to starting NYSHEX with the mission to enable more reliable shipping, Gordon spent 12 years with a carrier at Maersk and 3 years with a shipper at SABMiller (now ABInbev).
VF Corporation is Building a Highly Automated DC on the West Coast. Anytime you have a chance to talk to an executive vice president in charge of the global supply chain of a nearly $12 billion corporation, you know you will learn some things. Cameron Bailey, EVP of Global Supply Chain at VF Corporation, did not disappoint. Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge
‘Tis the season for graduations. My oldest daughter graduated from college last month. My youngest daughter will graduate from 8th grade this morning, which means I better get going. So, without pomp and circumstance, here’s the supply chain and logistics news that caught my attention this week: “State of Logistics Report” shows out-of-sync supply chains.
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
To date, the stampede for non-fungible tokens has largely centered on the “ownership” of images, works of art and similar kinds of digital files. So what does this latest manifestation of the virtual universe have to do with the everyday reality of supply chain management?
Break out the champagne. This Sunday is National Barcode Day. According to one website, “National Barcode Day commemorates more than 40 years of efficiency and accuracy that began on June 26, 1974, when a clerk scanned a 10-pack of Wrigley’s Juicy Fruit gum at a Marsh supermarket in Troy, OH. On that day, the barcode system invented by George Lauer, an IBM engineer, began to change the world.”[1] The truth of the matter is that the genesis of the barcode is found nearly two-dozen yea
Its All About the Details. I am currently finishing up this year’s version of ARC Advisory Group’s annual WMS market research study. It struck me as I reviewed past growth rates how persistent WMS sales growth has been. I then questioned if there is some other factor at play in the technology’s persistent growth. I decided to take a step back and propose an organizational explanation of why I believe WMS sales growth is so persistent.
Get up to speed with the newest changes and learn what it takes to enable effective, scalable supplier collaboration –including how to reduce risk, improve supply chain visibility, and build operational resilience and responsiveness. Ivalua’s latest eBook is the foundation for a smarter, more resilient supply chain. Download now and learn how to: Build a Solid Data Foundation.
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 pandemic has changed the nature of global supply chains with companies seeking to source goods from multiple places in order to minimize shipment and production disruptions.
Both business leaders and consumers are expressing concern, if not outright pessimism, about the future. These brooding feelings are the result of many interlocking factors that have lowered economic growth estimates and spurred inflation. One of those factors is the war in Ukraine. Agence France-Presse recently reported, “The OECD warned that the world economy will pay a ‘hefty price’ for Russia’s invasion of Ukraine as it slashed its 2022 growth forecast and projected h
As your business thrives and offers more products and services, you’ll eventually determine whether or not you’ll outsource shipping and fulfillment operations.
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.
There are a number of things that can cause an inflationary economy. Financial writer Emma Kerr ( @emmarkerr ) explains, “Inflation is caused by factors like pressures on the supply or demand side of the economy, money supply policies and even consumer expectations.”[1] She adds, “Economists define inflation as the rate of increase in prices over a given period of time.
By Richard Agostinelli (pictured). CEO of ByBox. The post Technology for a more streamlined & sustainable supply chain appeared first on IT Supply Chain.
Contrary to general opinion, the causes of the supply chain disruptions currently being experienced worldwide were prevalent long before the Covid-19 pandemic. . The US-China trade war got the ball rolling and exposed the problem by highlighting the worldwide shortage of containers. There are many causes, for example, container ships from Asia are now too large to traverse the Panama Canal (20 years ago they were not), so they offload on the West Coast of the United States and are compelled to
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.
A shortage of popular food items from popcorn to sriracha is hitting restaurants and grocery shelves this summer, a sign that the world’s immense supply chains are still under pressure.
Technology upgrades can provide various benefits and may be necessary to stay ahead of the competition. However, new systems and tools can also disrupt daily operations.
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