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• A procurement function without supplier performance KPIs is likely a fruitless process. While this procurement function may work in the short term, it cannot meet long-term procurement needs and changing supply chain demands. • Measuring your suppliers’ performances help you evaluate your end-to-end procurement processes, providing total visibility into business processes.
Don’t ask, “Can we take the order?” Ask, “Should we?” (Is that order profitable to promise? ). Available to Promise software (ATP) and Capable to Promise software (CTP) aren’t enough in today’s tumultuous business environment beset by chronic supply shortages; you need to consider profitability in your order processing to make the best business decisions.
Much has been written about what it takes to run a successful supply chain in the era of “get it to me fast and get it to me cheap.” Supply chain professionals are looking for ways to store goods closer to customers by investing in micro fulfillment centers and to optimize their facilities so orders can be processed faster. But it’s important to remember that while customers want their purchases fast, sometimes even the next day, many care about the environmental impact of that delivery as well.
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
There are many unique disciplines within supply chain management, each having their own challenges and requirements. One discipline in particular that has always been important, but is even more so today in light of current world events and new regulations (either in place or forthcoming), is supply chain compliance and transparency. What is this all.
The REFASHIOND Ventures Story with Brian Aoaeh. Brian Aoaeh and Joe Lynch discuss the REFASHIOND Ventures story. Brian is the a Cofounder and General Partner of REFASHIOND Ventures , an emerging venture capital fund manager that invests in early stage supply chain technology. About Brian Aoaeh . Brian Aoaeh is a Cofounder and General Partner of REFASHIOND Ventures , an emerging venture capital fund manager that invests in early stage supply chain technology.
The REFASHIOND Ventures Story with Brian Aoaeh. Brian Aoaeh and Joe Lynch discuss the REFASHIOND Ventures story. Brian is the a Cofounder and General Partner of REFASHIOND Ventures , an emerging venture capital fund manager that invests in early stage supply chain technology. About Brian Aoaeh . Brian Aoaeh is a Cofounder and General Partner of REFASHIOND Ventures , an emerging venture capital fund manager that invests in early stage supply chain technology.
At some point, it seems we all have the need for speed. That being said, would you go over 280 MPH in a car? Better yet, would go over 280 MPH in a 3-D printed car? Well, according to Czinger, a Los Angeles-based boutique hypercar manufacturer, that is about to be a possibility. According to the website, its debut vehicle, the 21C, is designed by both human and AI technologies and uses a hybrid powertrain system which combines a twin-turbo 2.88-liter flat-plane crankshaft V8 engine with an 800-v
“All leaders are learners. The moment you stop learning, you stop leading. I learn as much as I can, from as many as I can, as often as I can.” – Rick Warren The quote above is especially true for supply chain and logistics professionals. The good news is that there are plenty of paths. Read more Above the Fold: Supply Chain Logistics News (May 6, 2022).
5 Trends Shaping Logistics with Ben Gordon. Ben Gordon and Joe Lynch discuss 5 trends shaping logistics and supply chain. In the interview, Ben reviews and discussed trends and interesting companies in ecommerce, final mile, cold chain, reverse logistics, and fulfillment. About Ben Gordon. Benjamin Gordon is the Founder and Managing Partner of Cambridge Capital.
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.
Hello and welcome to the Month in Review for April 2022! There’s a lot more than what’s shown below. Visit the communities to see the exchange of information and ideas between members and DELMIA experts this month. Besides, with eight active communities you’re sure to find at least one to suit your DELMIA interests. We welcome you to connect with us, exchange and share in the DELMIA Communities.
Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article is from Longbow and looks at the ongoing labor shortage and supply chain visibility. Over the past 20-22 months, we have experienced worldwide disruptions that have altered and influenced lifestyle changes.
Inflation. Russia-Ukraine War. COVID-19. Slowing Economic Growth. Did I miss anything? It’s been an eventful first quarter of 2022, and the outlook for the rest of the year remains risky and uncertain (just like it’s been the past two years). Could the Russia-Ukraine War turn nuclear? I pray that it doesn’t. Will a major cyberattack. Read more Top Talking Logistics Posts & Episodes – Plus Indago Highlights (Q1 2022).
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
When shipping rates began to rise at the start of the COVID-19 pandemic, there was hope that the situation would be short-lived. Unfortunately, two years later, it has become clear that shipping issues are here to stay. .
Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. However, most of these systems were created before web technologies existed or were in their infancy. Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ).
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. This is why end-to-end visibility in. Read more How to Improve Exception Management with End-to-End Supply Chain Visibility.
The topic of energy has been widely discussed since the climate crisis began, and now, energy is experiencing a crisis of its own, due to the current events happening in…
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.
Global supply chains are knotting up from China to Denmark, sparking re-examinations of things as macro as globalization itself and micro as trucking efficiency around American ports.
In the United States, Cinco de Mayo is a day to celebrate all there is to love about Mexican food and culture — like tacos, burritos, enchiladas, tamales, quesadillas, margaritas, cerveza, and fiesta. The National Retail Federation (NRF) notes, “Americans across the country will celebrate Mexican food, culture and traditions. The holiday commemorates the anniversary of Mexico’s victory at the Battle of Puebla, but it has become much more than that.
By Jessica Sweet (pictured). Content Writer at makeLifeSweeter.com. The post 4 Simple Ways To Improve Productivity Within Your Business 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.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Industry 4.0 – Smart Manufacturing of the Future! (Infographic). The manufacturing industry has been changing rapidly, aided by the newest software systems and machinery. Consumers continue to demand customized products, adding to the challenge of low-cost production. Manufacturers have been forced to look hard at their production methods, labor costs, and transportation expenses, among numerous other areas throughout t
Deby Joevita, an award-winning User Experience Designer, mentioned during an online course that a UX design should have some metrics built in, which should provide you with the necessary direction towards achieving a meaningful experience for users. Suddenly my attention was on full alert and my interest piqued. If metrics can be built into a UX design, then surely the ability to do the same can be implemented into your ERP system – the system that we engage with daily.
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.
Thinking about transitioning to emerging technology, but unsure about how and where to begin the process of incorporating robotics into your operation? If so, you’re not alone. In fact, at MODEX in late March of this year, there were close to 90 attendees to an educational seminar we put on who were looking for answers to the same question. Our answer to those attendees was that there’s no simple answer, but there are steps you can take to ensure you adopt an approach that best fits your unique
Complete halts result in backlogs and delays, which will impact warehouses and more importantly, their inventory management. As we have seen over the past 20 years, disruptions to supply chains have global impacts on all industries. Inventory takes many forms, ranging from raw materials to finished goods. While holding large amounts of inventory enables a company to be responsive to fluctuations in customer demand, there are associated costs to consider.
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