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We get lots of questions about Key Performance Indicators. Which Supply Chain KPIs? How many Supply Chain KPIs? Here are 5 key tips for your KPIs. Related articles on this topic have appeared throughout our website, check them out: 3 Practical Metrics for Supplier Performance Evaluation. KPIs for Your Warehouse: How to Choose and Use Them. KPI Key Performance Indicators in Supply Chain & Logistics.
Kevin O’Meara, Vice President, Integrated Supply Chain at Shaw Industries, posted the following question on Twitter last Friday: “Have the billions of dollars invested in supply chain technology really made a significant difference in the outcomes? We have spent the money and we see unprecedented delays, shortages, and disruptions. [For example], we have no lack.
The pandemic was an eye-opener for supply chain professionals. Despite all the bad press the supply chain has received, supply chain managers should be lauded for their ability to think on their feet. Supply chain journalists Edwin Lopez ( @EdwinWrites ) and Shefali Kapadia ( @skapadiaDC ) explain, “If there’s one thing the past two years have shown, it’s that supply chain managers are creative under pressure.
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
As a pioneer in warehouse technology and the development of solutions that empower warehouse workers, Lucas Systems recently commissioned a research study and developed the first Voice of the Warehouse Worker Insights. The goal was to capture the warehouse workers voice in terms of what they currently see, what they feel and believe, what they fear, and finally what they hope for.
Transportation route optimization is not for the easily discouraged. The process is monumentally complex. A sufficiently detailed model can tax even the most advanced software and hardware combinations. And, of course, the larger the network, the more variables you need to account for. Transportation delivery routing could be the ultimate head-scratcher Optimizing transportation routes (i.e., … The post Transportation Route Optimization: </br>One Tough Nut to Crack appeared first
Transportation route optimization is not for the easily discouraged. The process is monumentally complex. A sufficiently detailed model can tax even the most advanced software and hardware combinations. And, of course, the larger the network, the more variables you need to account for. Transportation delivery routing could be the ultimate head-scratcher Optimizing transportation routes (i.e., … The post Transportation Route Optimization: </br>One Tough Nut to Crack appeared first
Sreenivas Vemulapalli and Joe Lynch discuss how to streamline your logistics operations. Sreeni is Associate Vice President at Emtec Digital , a global technology services company that provides digital software engineering and transformation solutions to clients across multiple industries. About Sreenivas (Sreeni) Vemulapalli. Sreenivas (Sreeni) Vemulapalli is Associate Vice President at Emtec Digital, a global technology services company providing digital software engineering and transformation
Competing for the eCommerce supply chain with supply chain modeling software. eCommerce — the Disruptor. eCommerce and its progeny, omni-channel, have both cleansed and complicated the supply chain world: cleansed in that inefficient operators and operations have been eliminated through the reduction of barriers to competition; complicated in that the survivors are in a constant state of evolution.
Just when brick-and-mortar retailers thought the so-called “retail apocalypse” was ending, supply chain woes and rising inflation reined in their optimism. There had been good reasons to be optimistic. During the height of the pandemic, dire predictions about retail’s future insisted the rise in e-commerce signaled a permanent change in consumer behavior away from in-store shopping.
In May, I attended the Kinaxis Kinexions event in San Diego, CA. At the conference, I was fortunate to see a presentation from Brent Wilson, Senior Vice President of Global Supply Chain at Qualcomm. I was also able to interview Brent after his session to get a little more insight on how Qualcomm dealt with the Covid-19 pandemic, what it means for the semiconductor chip shortage, and where the company is going with its digital transformation strategy.
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.
Peter Tirschwell and Joe Lynch discuss the post-pandemic supply chain. Peter is Vice President in the Maritime, Trade & Supply Chain division of S&P Global , a global data, analytics and business intelligence organization serving sectors including maritime, energy, automotive, petrochemical and financial. About Peter Tirschwell. Peter Tirschwell is Vice President in the Maritime, Trade & Supply Chain division of S&P Global ;, a global data, analytics and business intelligence org
Originally published in the 2022 ProcureCon Report “Transforming Procurement: Embracing Digital Innovation and Driving Sustainability” Ethical business practices and sustainability initiatives are forcing organizations to not only stand up, but to also set themselves apart from the competition by implementing ESG and CSR commitments. Sustainable and socially responsible procurement practices that cover the full spectrum can provide end-to-end visibility that facilitates monitoring an
BOSTON – (August 25, 2022) ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been named a leader in the Quadrant Solutions SPARK Matrix™ for Global Supply Chain Inventory Optimization. ToolsGroup Service Optimizer 99’s self-adaptive demand and inventory models define the optimal mix of inventory across the multi-echelon supply chain to achieve aggressive service level targets while right-sizing inventory.
On August 15 th , Walmart had a call with financial analysts to discuss their second quarter earnings. Walmart has about $1.5 billion in inventory “that if we could just wave a magic wand, we’d make it go away today,” said chief financial officer (CFO) John David Rainey. Walmart estimates that inventory is still 15% above optimal levels. “We’ve also cancelled billions of dollars in orders to help align inventory levels with expected demand.”.
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 help safeguard their supply chains against future unpredictable events, organizations can implement a master data management (MDM) strategy as a foundation for strong risk mitigation during times of crisis.
The pandemic was an eye-opener for supply chain professionals. Despite all the bad press the supply chain has received, supply chain managers should be lauded for their ability to think on their feet. Supply chain journalists Edwin Lopez ( @EdwinWrites ) and Shefali Kapadia ( @skapadiaDC ) explain, “If there’s one thing the past two years have shown, it’s that supply chain managers are creative under pressure.
As a Procurement Leader, carbon neutrality by 2050 should be a central focus and Dr. Natacha Tréhan’s comprehensive research offers practical tips to get you on track. First, let’s start with procurement and how it plays a significant role in reducing the carbon footprint with 3 key areas of impact: – Actions with suppliers. – Actions on the products and services purchased. – Actions on the way you buy. 1.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. It has been another exciting year for sure, with supply disruptions and issues continuing to keep Supply Chain in the headlines, impacting every aspect of our lives. The year is also marked by the end of the global Coronavirus pandemic and its restrictions, which has caused us to add content about what the future of Supply Chain could, or really should, become.
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.
According to analysts from the Boston Consulting Group (BCG), “It has taken 30 years since the term was coined in 1992, but big money has now moved into the metaverse — accompanied by big hype.”[1] The metaverse isn’t a single entity or thing — it’s an umbrella term. Like the universe, which is filled with separate galaxies, the metaverse also has lots of pieces.
Because global modern supply chains are incredibly complex, involving a vast network of manufacturing and logistics personnel, even simple mistakes can result in lengthy delays.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Parallel Supply Chain … A Twilight Zone Strategy? In today’s business climate, many companies are grappling with the decision of whether to manufacture their products locally or overseas. With the global pandemic changing so much in the world, that discussion around global and local manufacturing has become even more complex.
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.
By Alex MacPherson (pictured). Director of Solution Consultancy & Account Management, Manhattan Associates. The post Hyper-Personal Logistics: Omnichannel’s Balancing Act appeared first on IT Supply Chain.
According to analysts from the Boston Consulting Group (BCG), “It has taken 30 years since the term was coined in 1992, but big money has now moved into the metaverse — accompanied by big hype.”[1] The metaverse isn’t a single entity or thing — it’s an umbrella term. Like the universe, which is filled with separate galaxies, the metaverse also has lots of pieces.
The fabricated metals industry operates with a low margin in a highly competitive market and material availability, production schedules and workforce skills must align to meet customer expectations. The consequences of global supply chain disruption, labor shortages, rising costs, regional instabilities and general uncertainty continue to challenge the fabricated metal and manufacturing industry in general.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain’s Moment of Truth Has Arrived! A solid supply chain and logistics strategy is essential for large companies. A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. These materials were then transferred to barges and rail cars for delivery, and finally to terminals where they were packaged into shipping containers for final delivery by rail.
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.
By Martin Verwijmeren (pictured). CEO & Co-Founder of MPO. The post The 10 Reasons Why Kinaxis & MPO will Change the Game of Supply Chain Planning & Execution appeared first on IT Supply Chain.
With continued advancements in smart technologies like the Internet of Things (IoT) and artificial intelligence (AI), high-tech companies are having to manage greater product complexity to fulfill consumer demand for more personalized experiences. To compound matters, unforeseen events like the COVID-19 pandemic have resulted in part shortages and other supply chain shocks, making it difficult for companies to deliver products on schedule.
“Supply chain? What’s that?”. When I first started college in 2018, that’s all I ever heard when telling people about my major. Most had never heard of it and wondered if it was a brand new field. Fast forward two years, when the pandemic began, and supply chain was in every headline. Now everyone knew what it was. So, if anyone asks now, my answer starts with: “Remember what happened with toilet paper?
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