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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.
Megatrends Shaping Supply Chain Innovation. Feature Article by Ryan Tang – Executive Director, APAC?E2open. While the COVID-19 pandemic woke up supply chains around the world, the ripple effects continue to disrupt in both size and scope. Port congestion, capacity constraints, large increases in rates across all modes, labour shortages and long delays in shipments—these are just some of the operating realities supply chain and logistics professionals face today.
There have been a lot of labels attached to the day-and-age in which we live, including the Computer Age, the Digital Age, and the Information Age. Although these monikers conjure up slightly different connotations, they all rest on the fact that data is being created at an unprecedented historical rate. Keeping up with and making sense of all this data is far beyond the capabilities of traditional analytic methods.
Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. Yet, in today’s omnichannel world, retail returns are key to driving business growth, thanks to their ability to enhance the customer experience, minimize losses, and preserve long-term revenue.
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 November is a layoff season. As pink slips ripple through Silicon Valley to over 120,000 workers following a time of overexuberant hiring, it is a time for both sadness and reflection. The end of this chapter in Big Tech occurs, it is time for a reality check. As supply chain leaders face heightened demand uncertainty and extreme supply chain disruption, the answer is not going to come from Silcon Valley.
Driving Sustainable Supply Chain Change. by Stephanie Krishnan – Associate Vice President, IDC Manufacturing & Energy Insights Asia/Pacific, IDC Asia/Pacific. “By 2025, to improve long-term supply chain profitability, 60% of manufacturers in global supply chains will invest in software tools to support sustainability and circular economy business models.”.
Driving Sustainable Supply Chain Change. by Stephanie Krishnan – Associate Vice President, IDC Manufacturing & Energy Insights Asia/Pacific, IDC Asia/Pacific. “By 2025, to improve long-term supply chain profitability, 60% of manufacturers in global supply chains will invest in software tools to support sustainability and circular economy business models.”.
Quantum computing may sound like science fiction (especially the weird principles on which it relies); nevertheless, businesses are beginning to pay attention. According to the Venture Beat staff, “Sixty-nine percent of global enterprises have already adopted or plan to adopt quantum computing in the near term, according to a new survey of enterprise leaders commissioned by Zapata Computing.
The future of work is a fascinating subject to contemplate and discuss. Prior to the pandemic, many of the articles discussing the future of work raised concerns about artificial intelligence (AI) and automation taking over jobs now held by humans. Millions of jobs were predicted to be lost over the coming decades creating social unrest and economic chaos.
An agile supply chain uses data, technology and collaboration to effectively navigate market volatility. Discover the strategies you need to stay flexible and competitive.
This blog is based on Dassault Systèmes’ partnership with IndustryWeek on conducting a midyear survey of industry leaders to gain a better understanding of how virtualization technologies are helping them adapt to these changes. Today, change is the only constant, and success depends on the ability to adapt quickly and efficiently. The past year and a half saw manufacturers face unprecedented challenges resulting from global disruptions, to which they responded by repurposing or developing
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.
ARC analysts have published predictions about supply chain technology trends at the beginning of the year in past years. This year we have decided to lead with our predictions about the broader supply chain function – as supply chain itself has become such a hot topic in executive suites, corporate earnings, general news media, and even our own personal lives.
It is widely accepted that digitization is the key to transforming all areas of the logistics industry. However, we are just at the beginning of a long journey. Recent Black Swan events have exposed vulnerabilities within some of the world’s best-run supply chains. With effective planning becoming impossible, the need for real-time visibility has become.
Google Cloud Supply Chain with Paula Natoli. Paula Natoli and Joe Lynch discuss the Google Cloud supply chain and the solutions they provide to their logistics and supply chain customers. About Paula Natoli . Paula Natoli leads Google Cloud’s Supply Chain & Logistics Industry Solutions for the Americas regions, partnering with customers to deliver exceptional customer satisfaction through supply chain technology excellence.
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
83% fear the biggest disruption from Brexit is yet to come, while increasing supply chain disruption caused revenues to drop by an estimated 18%. London, UK, 28th November, 2022. Research from Ivalua , a leading global spend management cloud provider , has revealed that 80% of UK businesses say that Brexit has been the biggest disrupter to supply chains in the last 12 months, while 83% fear the biggest disruption from Brexit is yet to come.
When reviewing strategy decks for supply chain teams, I often see statements like “move from a functional-silo’d focus to a drive a more holistic response.” Or “push a shift from a focus on cost to drive value?” Sound familiar? As an analyst, I am always searching for answers and clear definitions. To help, I will ask, “How do you define value?
The Need For Supply Chain Innovation: Why You Should Watch These Four Trends ? Feature Article by Wolfgang Lehmacher – Operating Partner, Anchor Group and Dweep Chanana – Managing Partner, Anchor Group. Recent years have placed supply chains into the spotlight and onto many board agendas. In a world of almost continuous disruptions and intense competition high performance supply chains have become the decisive factor.
Temperatures are rising and people are getting sweaty. We’re inching toward the time of year when sweltering heat can only be quenched by one experience–a dunk in a cool, crisp, clean swimming pool. Sadly enough, that sweet relief may be limited this summer season, as the chlorine shortages experienced in 2021 have made a reappearance. The cause of this tragedy?
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.
Brian Amend, Senior Director of Supply Chain Systems at Walgreens. You hear the term “digital transformation” everywhere. That means different things to different people. But one thing many would agree it means is putting in new applications where none exist, or perhaps more often, tearing out old legacy applications and replacing them with more modern software platforms.
Machine Learning, a Form of Artifical Intelligence, Has Feedback Loops that Improve Forecasting. Many large enterprises use one form or another of a supply chain application to help manage their supply chains. Supply chain vendors have been touting their investments in artificial intelligence (AI) for the last several years. In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry.
Last year, many in the supply chain technology industry were warning companies all over the globe to prepare for the unknown. We didn’t know how long COVID-19-related shutdowns, and the ensuing port congestion and crunch on carrier capacity, would last. It now seems that port congestion and capacity issues will persist throughout the year. There is optimism around the corner, but a sunny outlook isn’t enough; it’s past time for supply chain leaders to transform their supply chains to become more
Logistics strategy as an enabler of new business models. Today, successful companies are those who can make a great idea come true and create an organization to support its implementation. To do this, they must be able to adapt quickly, to rapidly get their offer on the market and to exploit changes in the market. The COVID-19 pandemic separated the wheat from the chaff, where companies who were able to immediately respond to the surprise massive upturn in online growth coming out clearly ahead.
Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski
Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea
The toilet paper shortage was one of the COVID era events that taught people what the term “supply chain management” meant. It is common for pundits to look ahead and predict how an industry or profession will change. Sometimes, it can be more insightful to look backwards and note the chances that have occurred over the last several years.
Supply chain excellence is easier to say than to explain. Business leaders are action-oriented and competitive. Executive teams strive to drive improvement in supply chain results; yet, sadly, only four percent of public companies succeed. The reason? After two decades of study, I think because it is a lack of understanding. In this area of research, I find that companies are like dogs chasing cars.
Cloud computing has spurred a revolution in private and business applications over the past decade. Today, data and software programs can be saved or run in any data processing center in the world. Everything is operated via the internet, completely independent of the location or device. Cloud computing has made installation, administration, and updates significantly easier and has thereby laid the foundation for Software as a Service (SaaS).
Supply chain sustainability can mean a lot of things to a lot of people. As I have written about before, supply chain sustainability , or the notion of going green, is a hot topic as companies and countries look at their overall carbon footprint and look for ways to be more environmentally friendly. A few ways companies can begin to offset their carbon footprint is to take a deeper look at product packaging, energy efficiency, alternative fuels, route optimization, and returns and recycling prog
Innovation varies widely across sectors and organizations, creating value in diverse forms. Understanding different types is crucial for R&D teams to foster creativity and uncover missed opportunities. This guide explores 25 key types of innovation in management frameworks.
A great deal already has been written about the impact of the pandemic, fully socializing jargon such as “new normal,” “next normal,” “unprecedented disruption,” etc. Changes in our lives, economies and supply chains are ubiquitous and well embedded now. It’s time to focus on how we innovate and optimize our businesses and operations in this permanently altered world.
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 Wayne Snyder at Blue Yonder, and looks at the intricacies of the ever-growing same-day delivery market. The same-day delivery market is forecast to double over the next three years.
Inflation’s effects on inventory management policies are likely far from top of the mind of Logistics Viewpoints readers in today’s challenging times. However, today’s elevated rate of inflation warrants a closer look at optimal inventory policies. Earlier this month my colleagues and I published our 2022 Supply Chain Predications. One of my predictions within that article is that inflation will hinder supply chain resiliency efforts.
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