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In a recent research project, we found that 2/3 of companies had a digital supply chain transformation strategy; however, those that were evolving their strategy performed better during the early months of the pandemic than those that were “clear” on the project plan for a digital transformation. I know, a head-scratcher. My conclusion? Sometimes organizations are too sure and chase shiny objects, push a fad, or fall prey under the spell of a Supply Chain Conquistador.
Looking for new ingredients, materials, or products for your business? Where you get these from, or how you source them, can be a huge decision. Sourcing can seem overwhelming if you’re a brand or retail buyer not entirely sure what you’re doing, but it can significantly impact the quality, cost, and availability of your products. We’ll walk you through the sourcing process so you can discover, vet, and choose your next supplier or distributor with ease. .
The Digital Age requires companies to transform both their Industrial Age mindsets and their organizational frameworks. Many Industrial Age organizations are characterized by functional silos that may have worked well in the past but struggle to keep pace in today’s business environment. Ravi Vasantraj , Senior Vice President, and Global Head of Business Process Services at Mphasis, insists, “It is absolutely necessary to break away from the traditional mindset of viewing application
Smart Software is pleased to announce that Thomas Willemain’s article "Managing Inventory amid Regime Change” for Smart Software’s blog has won 1st place in the 2022 Supply Chain Brief MVP Awards. Our articles are read by an audience of over 97,000 people on our smartcorp.com site and newsletter. The post Smart Software’s article has won 1st place in the 2022 Supply Chain Brief MVP Awards Forecasting category!
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
The new year is sure to bring new challenges for logistics providers and retailers. Here are four thoughts on what the industry can expect to see in 2023.
A well-functioning warehouse is an essential part of any successful supply chain. This is because warehouses play a number of key roles in ensuring the smooth flow of goods and materials through the supply chain, from supplier to customer. Warehousing can provide a number of important benefits to businesses, including increased efficiency, cost savings, and improved customer service.
Before the age of e-commerce, department stores dutifully opened a special post-Christmas customer service section dedicated to handling returned products. Those customer service windows still exist; however, many after-holiday returns are now made via e-commerce channels. The staff at Wired magazine notes, “Everyone returns a gift or an impulse purchase now and then.
By John Hampton (pictured). Content Writer. The post 10 Latest Digital Marketing Strategies for Construction Material Suppliers appeared first on IT Supply Chain.
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.
Warehouse automation is an increasingly popular way to maximize efficiency and accuracy in warehouse operations. It can streamline processes, reduce errors and costs, help manage inventory, and improve safety conditions for workers. In this guide, you will learn how it works, its benefits, and how to get started with it. For a warehouse to work efficiently and profitably, many vital tasks need attention, and the Warehouse Management System (WMS) is one of them.
Supply chain leaders focus on structural flexibility. Instead of making big bets based on historical data, they focus on a portfolio of strategies—from forecasting to execution.
By Andrew Busby (pictured). Retail industry lead at Software AG. The post Boxing Day shoppers up nearly 40% but still below pre-pandemic levels appeared first on IT Supply Chain.
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
In 2020 several disruptive events shifted strategic supply chain priorities. An end-to-end approach for supply chain resiliency is imperative to tackle future industry challenges and disruptive events.
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.
Let's review Argentina's world cup success in terms of Logistics and Supply Chain. The post <strong>Analyzing Argentina’s World Cup Win In Terms of Logistics and Supply Chain! </strong> appeared first on loginextsolutions.com.
Procurement holds the currency of impact! The purpose of Procurement is ultimately to drive Top Line Value, leverage competitive strength, enable increased market traction, and to contribute to better products and smarter solutions - not just to buy or cut costs. The cool thing is that Procurement also holds the reigns to create sustainable impact. The decarbonizing of supply chains, making the big shift from work productivity to resource efficiency, and ensuring trade remains a driver of better
By Allen Brown (pictured). Content Writer. The post Property Guide: The Process Of Property Buying Explained Step By Step appeared first on IT Supply Chain.
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.
Supply chains stretch from sourcing to the final product. Supply chains play a fundamental role in everything we experience, including the food we eat, the products we can’t live without, and even the virtual experiences of today’s digital world. . Integrating solution providers is critical to creating the information flows in supply chains. ERPs are essential to managing transactional data, and advanced planning solutions are vital in making informed decisions based on the insights gleaned from
By Melissa Minkow (pictured). Director, Retail Strategy at CI&T. The post Retailers can’t afford another year of extreme excess inventory appeared first on IT Supply Chain.
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.
This article discusses the benefits of fleet management software in logistics and supply chains. It also highlights the key areas like cost-saving measures on parts, fleet productivity, and data points collected using fleet management software. The post <strong>What’s Fleet Management Software and its Benefits in Logistics and Supply Chain? </strong> appeared first on loginextsolutions.com.
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