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The urgent need for supply chain resiliency is increasing interest in onshoring, reshoring, and nearshoring strategies. After years of economic volatility, labor shortages, extreme weather, demand and supply shocks, and geopolitical tensions, supply chain leaders are looking to calm the chaos and bring back predictability. Yet, their search is more than a matter of finding low-cost alternatives.
I have often compared supply chain disruptions to buses on London’s Oxford Street — if you miss one there’s always another one coming. However, according to the World Economic Forum (WEF), the London bus analogy is no longer apt. The analogy assumes that each disruption (or crisis) is an individual event and, according to the WEF, that may no longer be true for many crises.
In the fast-paced world of high-tech manufacturing, staying ahead of the curve is crucial for success. Innovation and efficiency are key drivers, and organizations constantly seek ways to optimize their processes and products. One transformative technology that has emerged as a game-changer is virtual twin technology. By creating virtual replicas of products and physical assets, virtual twin technology offers a myriad of benefits to the high-tech industry.
Typing away on a beautiful May morning, with the flowers blooming and the birds nesting in the garden, engages my mind. Mondays are my day to post my Shaman blog and compose a podcast. The Shaman blog is now over eleven years old. I remember my first post like it was yesterday. New then to WordPress, it took me a week to finish the post. (It was a struggle!
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
Many supply chain executives have been able to prove their worth since the early 2020s, during disruptions including factory shutdowns in China, the obstruction of the Suez Canal, the shift to online shopping (and back again), and the shift from hospitality to supermarkets (and back again). And last year, all the chaos was compounded by Russia’s invasion of Ukraine and subsequent sanctions.
Inventory drives the supply chain, ensuring the right amount of stock is available in the right place at the right time. But as supply chains continue to get more complex each year, delivering on target and on time becomes more difficult. That’s why most inventory handlers leverage data. The role of data analytics in optimizing inventory management processes has become increasingly important.
Inventory drives the supply chain, ensuring the right amount of stock is available in the right place at the right time. But as supply chains continue to get more complex each year, delivering on target and on time becomes more difficult. That’s why most inventory handlers leverage data. The role of data analytics in optimizing inventory management processes has become increasingly important.
By Drew Allen (pictured) Financial Enthusiast & Seasoned Blogger The post Why Startups Focus on Supply Chains & Cash Flow appeared first on IT Supply Chain.
Trying to paint a picture of the current consumer packaged goods (CPG) space would require an artist experienced in abstract impressionism. Looking at such a picture, viewers would be forced to ask, “What’s going on here?” McKinsey & Company analysts, Tamara Charm , Jason Rico Saavedra , Kelsey Robinson , and Tom Skiles , suggest such a picture should be called “The Great Uncertainty.” They write, “Whether it’s at gas pumps or in grocery stores, people acr
Oliver Hedgepeth, supply chain logistics professor at American Public University System, discusses how consumer tastes and purchasing patterns have changed, and how food suppliers must respond.
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.
“We close our eyes and the world has turned around again.” That’s a lyric from one of my favorite Oingo Boingo songs, and I think it perfectly describes the world of supply chain management — and the transportation market in particular, which has taken many turns over the past few years. With each turn, shippers. Read more The post How Shippers Can Uplevel Their Real-time Transportation Procurement Strategies?
Warehouse performance continues to evolve into a more complex, multi-faceted measure. Performance today embodies not only the traditional measures of accuracy and cost-efficiency, but also responsiveness and agility. The importance of these capabilities has increased due to some interesting competitive pressures in the market. And the stimuli continue to change, gradually shifting the relative importance of these capabilities.
Kevin Coomes and Joe Lynch discuss navigating the freight downturn in the logistics and transportation space. Kevin is the Vice President of Sales at Greenscreens.ai , a technology that provides predictive pricing recommendations for maximum broker margins. About Kevin Coomes Kevin Coomes , the Vice President of Sales at Greenscreens.ai, is an accomplished freight tech professional with over 15 years of sales, business development, and start-up experience spanning two countries.
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
Editor’s Note: The following is an excerpt of “Enhance Outbound Performance with Better Inbound Logistics,” a report by Adrian Gonzalez published by Manhattan Associates. The report highlights results from a survey conducted with members of Indago’s supply chain research community on the opportunities that exist to improve inbound logistics operations.
The latest Gartner digital transformation guide for supply chain companies is available for free download. We highly recommend you grab a copy now. As Gartner writes on the landing page for the guide: “Tech develops fast; there is no time to wait and see. Take action to advance the supply chain digitalization journey.” This year’s guide is full of compelling insights.
Blythe Brumleve and Joe Lynch discuss the state of logistics podcasting. They talk about the growing popularity of podcasts in the logistics industry and how podcasting can be a helpful tool for professionals to stay up-to-date on industry trends and insights. Blythe is the Founder of Digital Dispatch and the Host of Cyberly, an influential podcast on the Freightwaves platform.
By Carlijn Goedhart & Vincent Wiers A call for action Who has not seen this announcement in the bathroom of a hotel room? “Dear Guest, every day, in hotels all over the world, millions of gallons of water are used to wash towels that have only been used once. You can make the difference: a towel hanging up means ‘I will use it again’ and a towel on the floor means ‘please replace.
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.
As you read this, I’ll be on a 6-hour drive back home, after driving 6 hours yesterday to pick up my oldest son from college. I also spent a busy two days at SAP Sapphire earlier this week (stay tuned for my takeaways). Needless to say, I’ve logged a lot of steps and miles the. Read more The post Above the Fold: Supply Chain Logistics News (May 19, 2023) appeared first on Talking Logistics with Adrian Gonzalez.
Safety and compliance are critical components of effective supply chain and logistics management. In today's fast-paced and competitive business environment, automated dock scheduling can play a vital role in enhancing both safety and compliance. In this blog, we will explore how automated dock scheduling can help improve safety and compliance, leading to a more streamlined and efficient operation.
Exclusive Webinar Series hosted by DELMIA and The Logic Factory Breaking up is always hard to do but sometimes it’s just time to move on! No, I’m not talking about personal relationships but something that’s almost as complex and challenging – Supply Chain Planning! Many companies today are still using spreadsheets as a core planning system for their supply chain planning processes.
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.
Predictable financials are as much, if not more, important today as they were 35 years ago. Today’s sales and operations planning (S&OP) process encompasses people, process, and technology to create a business plan that will deliver the predictable financials executives seek. It is more than delivering an accurate view of the future, S&OP is about creating a repeatable process that can withstand the onslaught of supply chain disruptions, become the heartbeat of the organization, and br
Ivalua Spend Management Insights [ivory-search] 2023 Ivalua NOW Nashville: Recap + Photos! May 18, 2023 | | Ivalua NOW by Eloise Barnum They say city lights got nothin’ on country nights—and well–they ain’t wrong! We can’t recreate Ivalua NOW 2023 Nashville–but we’ll always have the memories! From the sessions and keynotes to the electrifying nighttime events–we want to extend a heartfelt thanks to all our customers, sponsors, partners, attendees, and team for making Ivalua NOW “Breaking N
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The following is a business case highlighting the background, context and value proposition of SCMDOJO’s Expert Marketplace, a platform designed to connect businesses with specialized Supply Chain Expert Services. Table of Contents Executive Summary Introduction Objectives The Rapid Growth of Marketplaces SCaaS as a Concept Combining Marketplaces and Supply Chain as a Service: SCMDOJO’s Unique Value Proposition Features and Benefits for Clients Features and Benefits for Experts How I
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.
How can you use AI to better understand how causal forecasting can help your business? Logility’s own, Chris Mason, shares his opinion and expertise on how business leaders can leverage causal forecasting software to be better prepared for quickly changing demand. “Are you using all your available data to improve your forecast? Most of us in 2023 have heard that Artificial Intelligence, (AI) can help manufactures and supply chains optimise inventory plans.
By David Fowler (pictured) Content Writer The post The Ultimate Car Pressure Washer Buying Guide: Achieve Professional-Level Results appeared first on IT Supply Chain.
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