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Supply Chains to Admire 2023 - Report v4.0 Abstract Supply chain excellence is easier to say than define. The Supply Chains to Admire methodology is a data-driven evaluation to attempt to define excellence. The analysis compares companies to industry performance in each sector for 2013-2023. Now in its tenth year, the Supply Chains to Admire analysis studies improvement, performance, and value on reported financials for over 500 public companies.
If You Can’t Access the Truth, How Can You Determine the Truth? Let’s just come right out and say it – without the ability to capture, aggregate, and understand your supply chain data, you have gray area within your organization. Proprietary warehouse, transportation , and labor management systems bolted onto legacy ERP systems, all “enriched” with off-the-shelf and bespoke software solutions, are a recipe for disaster.
When the world becomes more complex, a little nuance doesn’t hurt… A binary approach doesn’t usually solve problems. This adage also applies to the planning of our supply chains. Our management systems, by definition, are binary – running on computers more at ease with zeros and ones, true/false, than with progressive, nuanced gradation.
This weekend, I edited the Supply Chains to Admire report. The report was scheduled to publish in the summer of 2023, but life got in the way. The full report publishes this week. I laugh that writing the report is like a root canal. An analysis of improvement, performance, and value of over 500 public companies in 28 industries over a decade. (I posted my working summary.
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
Back in 2017, I wrote a post highlighting four things supply chain and logistics professionals should stop doing in the new year. Since those things still apply today, I am resharing them again below. I also added a couple of more things to stop doing in 2024 and beyond. Recommendations from 2017 that still apply. Read more The post Supply Chain New Year’s Resolutions: Things to STOP Doing in 2024 appeared first on Talking Logistics with Adrian Gonzalez.
As a child, I was mesmerized by beauty pageants, especially Miss World, where women from all around the world strutted in gorgeous fashion. I vividly remember the moments when the top winners declared their lofty goals for humanity: solving world hunger! Ever since AI became the shiny object of our times, I feel the expectation … Continue reading "6 Ways AI Empowers End-to-End Decision Automation in Supply Chain" The post 6 Ways AI Empowers End-to-End Decision Automation in Supply Chain a
As a child, I was mesmerized by beauty pageants, especially Miss World, where women from all around the world strutted in gorgeous fashion. I vividly remember the moments when the top winners declared their lofty goals for humanity: solving world hunger! Ever since AI became the shiny object of our times, I feel the expectation … Continue reading "6 Ways AI Empowers End-to-End Decision Automation in Supply Chain" The post 6 Ways AI Empowers End-to-End Decision Automation in Supply Chain a
When it comes to Artificial Intelligence, many companies are still in the learning phase — that is, they’re trying to understand the technology landscape and what’s possible, and it’s a bit challenging because everything is evolving very fast. At the moment, all the buzz and hype is about Generative AI, thanks in large part to. Read more The post [Video] Going Beyond The Hype: Successful AI In Supply Chain Management appeared first on Talking Logistics with Adrian Gonzalez.
A recent Gartner survey confirmed that more than two-thirds of Chief Supply Chain Officers (CSCOs) are still recovering from the last major disruption when the next one comes along – a continuous barrage of challenges that proves that responsive supply chains are going to struggle in a state of constant volatility. Businesses must respond by implementing processes and technologies that enable them to not only spot risks of disruption much earlier, but to then act upon them in the most efficient
The world has changed so dramatically that EY analysts Matthew Burton and Joost Vreeswijk assert global supply chains need to undergo a great reset.[1] According to Burton and Vreeswijk, there are five elements that must be considered during this great supply chain reset. In Part One of this article, I discussed the first three elements: 1) Rationalized portfolio; 2) Resilient, circular operating models; and, 3) Segmented supply footprints and challenging traditional management hubs.
When You and Your Supply Chain Become the Weak Link Imagine your company as a Formula 1 racing driver. Your suppliers are the pit crew, the specialists priming a fine-tuned machine and making sure you have the right tires and fuel to compete against the best. Failure in the supply chain is like the pit crew fumbling a tire during a stop and wasting precious seconds in an environment won in the margins.
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.
Often times at Logistics Viewpoints, we like to look to the future and highlight the key trends that we see in a given market, or make predictions about what technologies will emerge as game changers in the new year. Just last week, my colleague Clint Reiser wrote an article about the top logistics and supply chain conferences to attend in 2024. While we look ahead to the future, I think it is also important to look back on the year that was.
Today, we published The Supply Chains to Admire for 2023. Congratulations to the 34 winners. (For a more detailed analysis, check out the Power point summary.) The companies that outperformed industry sector performance while driving improvement and sustaining value are: Apple, Assa Abloy AB, BorgWarner, CCL Industries, Celanese, Cummins Engine, CF Industry, Decker Outdoors, Gilead Sciences, Intuitive Surgical, Hubble, Huntington Ingalls Industries, Leggett & Platt, Lockheed Martin Corporati
Editor’s Note: The following is an excerpt of a research report published recently, “Transportation Pulse Report 2024 – Prepare for Dark Clouds on the Horizon.” The research, conducted by Adelante SCM and commissioned by Transporeon, highlights several supply chain and logistics trends that will impact and transform the industry in the years ahead and why.
Navigating the $5 trillion North American apparel market requires precision, especially when dealing with the intricate complexities of forecasting and inventory management. This blog cuts through the complexity, presenting how supply chain AI strategy and machine learning, especially through the power of generative AI and InventoryAI+, are essential in crafting a smarter, more responsive retail 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
This was a very interesting week as we saw a number of long-lasting partnerships come to an end. As a New England Patriots fan, this season was certainly disappointing, as everything seemed to go wrong, except for landing a top-3 draft pick in 2024. In a move that was not surprising, but still seems so wrong, the Patriots and legendary coach Bill Belichick mutually agreed to part ways.
We got our first snow of the season last Sunday. Not too much, about 4 inches. Two days later, more than 2 inches of rain fell, as the temperature climbed above 50F. Snow is all gone, just mud and puddles left behind. Winters in Boston are not what they used to be. — Moving on, Read more The post Above the Fold: Supply Chain Logistics News (January 12, 2024) appeared first on Talking Logistics with Adrian Gonzalez.
Tom Curee and Joe Lynch discuss TIA Technovations, a logistics and transportation conference designed to explore technology trends and innovation driven by logistics industry leaders. Tom is the Founder and President of Qued , a freight technology company focused on workflow automation, and the TIA Technology Committee Chairman. About Tom Curee Tom Curee has served in the transportation industry for nearly 20 years working at 3PLs, carriers and most recently as a freight tech provider.
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.
I am pleased to share with you a new article I co-authored with Wendy L. Tate and Tingting Yan: A Guided Tour Through the Qualitative Research City. This is my first Journal of Supply Chain Management editorial. In this piece, we draw parallels between a city’s less-visited buildings and ten research approaches: (1) grounded theory, (2) interpretive research, (3) sensemaking, (4) sociomateriality, (5) actor–network theory, (6) ethnography, (7) action research, (8) discourse analysis, (9) narrati
The Nordic fashion retailer employs ToolsGroup’s innovative JustEnough® retail planning solution for enhanced business performance and accelerated growth. BOSTON – January 11, 2024 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is proud to announce it has been selected by Kappahl , a leading fashion chain in the Nordics, to drive better planning decisions, supporting and accelerating its business growth.
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.
What comes to mind when you hear the word “reset”? According to the Oxford Dictionary , reset means to “set again or differently.” When it comes to the so-called “supply chain reset,” setting up differently should be the working definition. Why? EY analysts Matthew Burton and Joost Vreeswijk insist the world has changed so dramatically that resetting to old ways of doing things would be both impractical and illogical.[1] They explain: “ Over the last cou
BOSTON – January 9, 2024 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is proud to announce it has been named a technology leader in the SPARK Matrix™ analysis of Retail Assortment and Management Applications by Quadrant Knowledge Solutions (QKS). The Quadrant Knowledge Solutions SPARK Matrix: Retail Assortment and Management Applications, Q4, 2023 includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competiti
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.
The time for pandemic-era thinking is over. This will be the year of strategic supply chain design — but companies must be shrewd in their technology and vendor selection.
A recent article from Supply Chain Digest was written in conjunction with the Lean Enterprise Institute (LEI). The article focuses on the Lean transformation recently undertaken by aerospace manufacturer, Re:Build Cutting Dynamics – a transformation which has already yielded impressive results.
In this blog post, Pivotree will explore the importance of aligning your omnichannel commerce operations with your supply chain and outline six key transformative benefits. This will help with supply chain optimization by having e-commerce incorporate supply chain visibility.
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