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According to research by Ernst & Young LLP, the global consulting firm, as the Covid crisis recedes, supplychainexecutives are losing the strategic gains they made with their C-suite counterparts. While supplychainexecutives largely realize how critical collaboration and effective supplychain technology are.
In a survey we conducted in October 2020, 91% of our Indago supplychain research community members, who are all supplychainexecutives from manufacturing, retail, and distribution companies, either Agreed or Strongly Agreed that the time had come to transform the traditional transportation procurement process.
SupplyChain Matters provides the first of a two-part market education series addressing what we term as broadening the context from warehouse control layer or accelerator to that of supplychainexecution orchestration. This often results in added inefficiencies, increased costs and lower overall productivity.
Reducing reliance on single suppliers and diversifying supply sources can mitigate the impact of disruptions in specific regions or industries. Korber and KKR announce the strategic acquisition of MercuryGate to strengthen their supplychain software business.” SunPower has lived many lives over the decades.
Both are contributing to a rewiring of the automotive supplychain industry. The consumer goods manufacturing and grocery vertical was also particularly strong. In 2023, Blue Yonder acquired Doddle, an application for returns and reverse logistics. For the second year in a row, it grew rapidly.
As a supplychainexecutive, picture beginning your day with a cup of coffee when a news alert notifies you of newly imposed tariffs affecting your primary suppliers in China. manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. For example, U.S.-based
Supplychain and logistics functions have been one of the most volatile in the global economy of the last four years. These are questions ARC Advisory Group will seek to answer in our online survey research of supplychainexecutives over the next few months. Source: J.P.
Alexis Mizell-Pleasant and Joe Lynch discuss the next frontier in food logistics. Alexis is Managing Editor at Food Logistics and Supply & Demand ChainExecutive. Food Logistics and sister publication Supply & Demand ChainExecutive also operate SCN Summit and Women in SupplyChain Forum.
Today’s logistics teams are operating in an environment characterized by uncertainty on three fronts. Minute by minute, logistics providers are asking themselves: What do customers want? Just as important, they connect the end-to-end value chain digitally, so all partners can participate in a shared response.
The sudden onset of Covid-19 only reinforced what supplychain professionals had already realized: uncertainty is the only real certainty. In their time lean manufacturing and just-in-time were game-changing concepts. A new hyper-focus to meet customer expectations is creating pressures upstream in the supplychain.
Already upended for two years by the COVID-19 pandemic, the worldwide logistics industry is facing new challenges. While demand is high, ongoing product shortages continue to cause supplychain disruptions, create unpredictable shopping behaviors and drive rapid delivery expectations.
This new behavior means that manufacturers and retailers need to anticipate consumer needs across channels with more accuracy than ever. To compete with Amazon, most retailers and manufacturers have had to dramatically shorten their own delivery windows. Navigating an Increasingly Challenging Logistics Landscape.
If you’re a supplychain or logisticsexecutive and you’re looking for ways to improve as a leader this year, here are my five recommendations: 1. Supplychain management is risky business — and the risks are growing every day. CFOs rarely know anything about supplychain management.
Those are some of the questions I posed to Gary Barraco, Director of Global Product Marketing at Amber Road , in a recent episode of Talking Logistics. The Six “Rights” of SupplyChainExecution. The post The “Rights” and “Mores” of SupplyChainExecution appeared first on Talking Logistics with Adrian Gonzalez.
Over his 30+ year career in the supplychain, Richard has worked with manufacturers around the world in operations, supplychain, and lean strategy roles to develop systems that can manage complex supplychains on a global scale. Richard previously founded and led Factory Logic, Inc. acquired by SAP).
SupplyChain Matters provides the second of a two-part market education series addressing what we term as broadening the context from warehouse control layer or accelerator to that of supplychainexecution orchestration. This thought leadership series is provided in joint collaboration with AutoScheduler.ai
That then allows us to create more of that kind of content so our award-winning blog This year we will feature the top blog posts by page views in the following categories: Manufacturing , Logistics , Freight , and the SupplyChain. ” Today’s post will cover the top 10 logistics blogs from 2018.
Jonathan is the Vice President Of Business Development at Orderful , a complete cloud EDI platform for manufacturers, distributors, retailers, and technology companies. Jonathan is a seasoned supplychainexecutive who has worked at industry leaders like Shippo, Pitney Bowes, Auctane, and UPS. About Jonathan Kish.
by Iman Niroomand Reverse logistics is defined as the process of moving goods beyond their typical final destination for things like re-use, capturing value, or proper disposal. In supplychain networks, materials flow from suppliers through to end customers. Is your supplychain ready to move in reverse?
The COVID-19 pandemic has only confirmed what we already knew: modern supplychains must be built on a foundation of extreme agility and responsiveness. While lean manufacturing and just-in-time were game-changing concepts when they were introduced, agility and resilience must be taken to an entirely new level post pandemic.
Visibility and control over your entire supplychain delivers new customer value. In logistics that means same-day delivery. In manufacturing it means allowing for quick and easy customization. Supplychainexecutives are thrust squarely into light though this evolution.
Many companies were in the midst of digitally transforming their supplychain when the Convid-19 pandemic hits. Some chose to carry on with their digital journeys as they must find better ways as the physical and operational logistics footprint were changing rapidly to adapt to the new customer-first, eCommerce expectations.
The sudden onset of Covid-19 only reinforced what supplychain professionals had already realized: uncertainty is the only real certainty. In their time lean manufacturing and just-in-time were game-changing concepts. A new hyper-focus to meet customer expectations is creating pressures upstream in the supplychain.
Customer centricity, e-commerce, Direct-to-Consumer (D2C), and the risk of financial peril are propelling shippers (manufacturers and retailers) and logistics service providers (LSPs) to digitally transform. What are the biggest supplychainexecution/logistics challenges facing shippers and LSPs?
No doubt about it, we are characters in a supplychain case study searching to define a new normal. News coverage showcases the differences between logistics and supplychain management. Figure 1 shows a market-by-market planning model by a sinus drug manufacturer. Step #5 Safe Manufacturing.
Five Forces Reshaping Logistics as We Know it. Because warehousing and transportation represent significant cost centers, intelligent logistics decisions are critical. Forget what you knew about logistics. And, more than ever, these decisions have to be made on the fly, in real-time.
Today’s logistics customers demand flexibility and visibility. Even more challenging, customers are also increasingly demanding full transparency to their orders and inventory through the entire life-cycle of raw-material to finish-goods to sale to sometimes reverse-logistics. Logisticslogistics'
Supplychainexecution convergence is a topic that has been gaining in popularity. It’s time for organizations to take a step back and evaluate their overall supplychain approach and to consider how supplychainexecution convergence can bring their supplychain to the next level.
Manhattan calls the system “adaptive network fulfillment” capabilities for bridging the gap between customer demands, delivery requirements, and profitability for the manufacturer, wholesaler, or retailer. Sustainability has clearly become a top-of-mind topic for the supplychain. Sustainability.
This blog is based on an article that recently ran in the Journal of SupplyChain Management, Logistics & Procurement, “ Supplychain agility: An imperative in an unpredictable world.”. The Improved Way. Learn more about how to fulfill this vision.
2013 Trends and Strategies in Logistics and SupplyChain Management: Embracing Global Logistics Complexity to Drive Market Advantage. The key results of this study by BVL International on trends and strategies in logistics and supplychain management are summarized, as follows. Key Trends.
Sherman points out, “are realizing that their supplychain is not really a chain at all.” They have a complex network of suppliers, internal assets, and transportation and manufacturing partners, many of whom are changing on an ongoing basis. Clearly, a new approach is needed.
The company explains, “The growing reliance on artificial intelligence and Internet of Things (IoT) devices is creating vulnerabilities across supplychains, with manufacturing and electronics sectors identified as particularly at risk. Third-party logistics providers are expected to face heightened cybersecurity threats.”
This blog is based on an article that recently ran in the Journal of SupplyChain Management, Logistics & Procurement, “ Supplychain agility: An imperative in an unpredictable world.”. In today’s age of great volatility, agility has become the new competitive differentiator.
Although using blockchain in supplychain and logistics is an exciting prospect, the technology lacks the maturity necessary to enable global deployment today. Such limitation can be discouraging, but it serves as a beacon of hope for a better future in supplychain management. GET YOUR COPY HERE.
Union City, CA – April 27, 2020 – PINC, the leader in digital yard solutions, has been recognized by Inbound Logistics magazine as Top Logistics IT Provider in 2020 because its solutions address critical logistics and transportation needs and help organizations to truly become demand-driven enterprises.
Resiliency, which is the ability to withstand supplychain shocks and bounce back quickly, has become the most important requirement for supplychains. Lean manufacturing also focused on managing these operational risks, especially within the four walls of the enterprise. are most exposed to risk?
It felt like a whirlwind, but this year’s Gartner SupplyChainExecutive Conference was definitely one of the highlights of the year for us. The outlook from Gartner is very positive: There’s no better time to be in the supplychain industry. Watch Arjen’s keynote at the Gartner SupplyChainExecutive conference.
Here’s the supplychain conferences we love and will be attending. Gartner SupplyChainExecutive Conference. Kinaxis is pleased to be a Premier Sponsor and participate in panel discussion of the 2014 EMEA Gartner SupplyChainExecutive Conference. Automotive Logistics Global Conference.
Although it may seem counterintuitive for a third-party logistics provider (3PL), like Cerasis, to trumpet such prospects, the resounding impact will drive greater efficiencies in supplychains. An Introduction to Blockchain and Its Potential Benefits and Drawbacks in SupplyChain Management.
For a long time, C-level executives viewed supplychain management, especially the logistics function, as a cost center. As a result, cutting and controlling costs became the top priority for supplychainexecutives. Therefore, how do you differentiate and make a larger impact on the organization?
The value in blockchain for logistics is about more than just retaining information. Blockchain technology builds value in the supplychain through better transparency and process standardization, but it holds additional value through new logistics services and business models. Manufacturing moves closer to end-users.
The costs of reverse logistics amount to more than $750 billion per year, and the demand for reverse logistics has risen in recent years with the rise of e-commerce. According to Stacy Rudolph of Business to Community, up to 30% of all products ordered online become returns, placing an insurmountable burden on reverse logistics.
The same advice that prevails for their ERP – keep the core clean – is good advice for Cloud-based supplychain implementations. NSK is a large manufacturer of industrial machinery bearings, precision machinery and parts, and automotive bearings and components. appeared first on Logistics Viewpoints.
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