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As supply chains scramble to keep up with the 32% net increase in the sale of products (physical goods), teams are reacting. Demand is outstripping supply: inefficiencies abound. Business leaders are simultaneously facing inflation and shortages. Labor, once assumed as available and a cost to be managed, is now an Achilles heel in the supply chain. As I read business periodicals and watch network news, the supply chain is headline news.
The Sonoran Desert where I live may seem like a hostile environment, with as little as 3-15 inches (7-38 cm) of annual rain and scorching sun that can reach 118 F (47 C). Yet plants, animals, and Native peoples thrive in this environment with resourcefulness and adaptability. The future of supply chain I foresee brings new risks and challenges, along with recognition that doing things the same way will no longer lead to the same success.
RF Guns Generate Massive Amounts of Data. Supply chain managers need real-time data to effectively manage operations. While supply chain software companies offer solutions that come with analytic solutions, the data used for the analytics is usually archived data. Archived data is not real-time. There is a new technology that can provide real-time visibility.
Discover how the right cloud-based platform can enable end-to-end visibility in your modular production for agile operations and increased customer satisfaction. In the race to meet shifting consumer preferences, success belongs to manufacturers that can quickly reconfigure their operations to capitalize on opportunities. This can be enabled leveraging a modular production system.
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
–This award recognizes outstanding executives whose accomplishments leverage supply chains for competitive advantage.– We are pleased to announce that our Chief Revenue Officer, Stephanie Richelieu Stagger, has been named among Supply & Demand Chain Executive’s 2021 Women in Supply Chain. “Stephanie is committed to driving customer-centric thinking and execution that delivers 3G customers both the […].
As the logistics market continues to create supply chain disruption, shippers are looking for consultative support and solutions to help maintain a competitive advantage. Creating trucking efficiency through transportation management optimization is an essential part of supply chain management and network navigation. As reported by Steve Banker of Forbes , “ When a shipper decides it needs to improve its transportation performance, it typically attempts to achieve this by either buying a transp
As the logistics market continues to create supply chain disruption, shippers are looking for consultative support and solutions to help maintain a competitive advantage. Creating trucking efficiency through transportation management optimization is an essential part of supply chain management and network navigation. As reported by Steve Banker of Forbes , “ When a shipper decides it needs to improve its transportation performance, it typically attempts to achieve this by either buying a transp
Who doesn’t remember their first phone? For my parents, it was a rotary phone at a stand-alone point in the hallway. For my wife, it was a see-through 80’s phone that gave her the freedom to talk to her friends every night. For me, it was a clunky cellphone that would cause me to butt-dial the most random people. But for a lot of kids, it may have been Fisher-Price’s Chatter Telephone, which debuted sixty years ago.
As supply chains scramble to keep up with the 32% net increase in the sale of products (physical goods), teams are reacting. Demand is outstripping supply: inefficiencies abound. Business leaders are simultaneously facing inflation and shortages. Labor, once assumed as available and a cost to be managed, is now an Achilles heel in the supply chain. As I read business periodicals and watch network news, the supply chain is headline news.
Our focus in this blog series has been to establish forecast accuracy targets. In very general terms, the goal should be to add value to the business through the forecasting process. We have however focused on the forecast value add and using that to create a minimum acceptable forecast accuracy target in the previous blog. Now we will take that a step further and talk of ways of improving that further.
Hello and Welcome to the Week in Review! This is the weekly blog post for a quick overview of what happened in the DELMIA Communities this past week. However, there is a lot more than what is shown below – visit the communities to see the exchange of information and ideas between members and DELMIA experts. With eight active communities, you are sure to find at least one to suit your DELMIA interests.
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.
Port and maritime operations are critical to the stability of the global supply chain and the global economy. When terminals cannot move cargo, the costs can escalate quickly. When shipping giant Maersk fell victim to NotPetya malware in 2017, the costs were estimated at between $200 and $300 million. Should we call the Maersk attack an OT-level attack or an IT-level attack?
Tl;dr José Andrés is most famous for his acclaimed, Michelin star restaurants. However, it’s his humanitarian efforts that can teach us a lot about supply chain management. A Source of Inspiration In the constant chaos that is supply chains these days, it’s often difficult to find good news. You know what I’m talking about: the backlogs at ports, increasing prices, labor shortages, etc.
The Gran Fondo Hincapie was as advertised: a very challenging but beautiful ride. This was the most difficult ride I have ever done, and the most climbing by far. I completed the route (83 miles, 8,000 feet of climbing) in 6:13. It was chilly in the morning (48F) and we had to wait over an. Read more Above the Fold: Supply Chain Logistics News (October 29, 2021).
COVID-19 was nothing short of a Black Swan event for supply chains, causing rippling disruptions that continue to affect global markets. While some of these struggles will play themselves out over time, others are more permanent, signaling a paradigm shift in the way we think about supply chains of the future. It’s forcing a change. Continue reading.
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 research company identified three main actions that supply chain leaders can take to improve today’s most pressing issues: disruption, climate change and employee fatigue.
You need to know what corporate social responsibility is and understand how to leverage it in order for it to work for you. Like every other entity across the earth, your company has an impact on the society around it. Whether that impact is positive or negative rests on how well the concept of corporate social responsibility is understood by stakeholders and embedded in your corporate culture. .
Note: Today’s post is part of our “Editor’s Pick” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This post by Brett Wetzel from Breakthrough’s blog provides an overview of four types of alternative energies for heavy-duty transportation.
One sure sign that autumn has arrived is the ubiquity of pumpkins in fields, stores, and roadside stands. Have you ever wondered how pumpkin carving — especially the carving of jack-o’-lanterns — became part of the Halloween tradition? The story can be traced to Ireland but little else about the tradition can be reasonably known. Some sources indicate the tradition of carving pumpkins originated in the 19th century.
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 Great Logistics Industry Consolidation with Chris Wofford. Chris Wofford and Joe Lynch discuss the great logistics industry consolidation. Chris is the Founder and Managing Partner of Wofford Advisors LLC , a strategic advisory boutique that provides best-in-class strategic advice to clients competing in the global supply chain, which includes all forms of transport, logistics, B2B and B2C movements of goods — and increasingly tech-enabled consumer and industrial services.
With the right technology, process manufacturing strategy, planning, and management can be simplified. Key Takeaways: Process manufacturers have unique challenges that require accurate forecasting These challenges can be turned into opportunities by adopting technology that makes process manufacturing planning more accurate Real-time actionable business intelligence is imperative to keep pace with demand without creating inventory surplus With increased globalization and changing politics, keepi
In the 22 years that I have been an industry analyst, I have seen a lot of innovation in supply chain technology driven by the Internet, web services, mobile technologies, GPS, cloud computing, and so many other developments. What is the next evolution in supply chain technology? What factors are driving it and why is. Read more [Video] The Next Evolution in Supply Chain Technology.
For the past several months, supply chains have received more press than they have in a long time — maybe ever. And it hasn’t been good news. Supply chains are in trouble. There are resource shortages, clogged ports, rising shipping costs, unfilled job openings, slowed production, empty shelves, and the list goes on. Marcus Jeffery, Territory Manager, UK and Ireland, at Ivanti Supply Chain, observes, “Global supply chains have been under immense pressure over the past year.
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.
9 critical tips for increasing supply chain sustainability in the apparel industry. Key Takeaways. Sustainability is good for the environment, workers, and your bottom line. Building sustainability into the apparel supply chain requires working with both first-tier and lower-tier suppliers. Businesses should get to know lower-tier suppliers rather than relying on the cascade effect to keep them in line.
Supply chains are complex, ever-evolving systems comprising many moving parts. One of the most complex of those parts is global trade management and compliance. Of course, in today’s environment, none of this is getting any easier. What’s changed or different today with trade compliance? Why is conducting a self-audit important? What’s involved with a self-audit.
–This award recognizes outstanding executives whose accomplishments leverage supply chains for competitive advantage.– We are pleased to announce that our Chief Revenue Officer, Stephanie Richelieu Stagger, has been named among Supply & Demand Chain Executive’s 2021 Women in Supply Chain. “Stephanie is committed to driving customer-centric thinking and execution that delivers 3G customers both the […].
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.
In the age of e-commerce, the digital path to purchase has a side trail called “Returns.” Journalist Suzanne Kapner reports, “The share of online purchases that are returned averages 30% or higher, depending on the category, three times the rate in physical stores.”[1] As result, writes Chuck Johnston, Chief Strategy Officer of goTRG, “The shift to e-commerce … demands solid returns management processes and a smooth customer experience, while reducing costs and eliminating wast
The payment process required for international trade is complex, expensive and high risk for both suppliers and buyers. The partnership with TransferMate removes this friction, creating a transparent, rapid and low-cost solution to paying suppliers anywhere in the world. Redwood City, CA, October 25, 2021 – Ivalua, a global leader in Cloud Spend Management solutions, announces a partnership with TransferMate, the leader in global B2B payments infrastructure as a service.
With shipping logjams slated to continue throughout the next six months, some are predicting what’s being called “a never-ending peak season” for all of 2022, in which there’s less supply than demand.
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