This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Leveraging the inventory planning and optimization solution from Logility , this well-established brand generates trend insights and supports a formal product review process, resulting in a 44% reduction in its SKU portfolio and more meaningful value for its customers.
Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.
Why NetworkOptimization Is the Key to Consumer Packaged Goods Supply Chain Resiliency It has been a few years since the onset of the pandemic exposed the tragic consequences of supply chain fragility within the consumer packaged goods (CPG) industry.
Therefore, optimizing spare parts management is crucial for the success of supply chain, manufacturing, and maintenance operations. In this blog, let’s dive deeper into the challenges of spare parts management, the solution that ThroughPut AI provides, the features of spare parts management software and how it works.
The high-revolution has given emerging markets the opportunity to become fully developed, increasing the number of consumers and manufacturers. To maintain your role in the global market, you need to understand how 3PLs contribute to an improve transportationnetworks. 3PLs Leverage Technology and Data to Improve Operations.
Supply side shifts: Example: A global coffee manufacturer experiences disruptions due to a natural disaster affecting one of its key suppliers in Brazil due to dry weather. They underwent a thorough NetworkOptimization exercise to identify the roadmap of transitioning to a hybrid offshore/nearshore model.
Supply chain technology is a difficult, exhilarating topic to cover in detail. Supply chain managers will focus on several key supply chain technology implementations or considerations which will impact consumer spending habits, consumer-business interactions and performance measurement.
Supply chain network design (SCND) is a powerful tool for improving business operations. Optimization and simulation are the two main branches of SCND. Optimization accounts for over 90% of all work that is being done by SCND teams. How will the solution be different for stochastic optimization VS a classic one?
The logistics landscape is evolving rapidly as more manufacturers relocate production closer to domestic markets. This trend, known as reshoring , is driving the emergence of regionalized freight networks , optimizing supply chains for efficiency, cost savings, and resilience. Government Incentives for Reshoring The U.S.
We pick up where we left off yesterday from posting the Top 10 Manufacturing Blog Posts for 2014 by page views from the Cerasis blog by featuring the Top 10 Supply Chain Blog Posts in 2014. Whether driven by reducing costs or by new business strategies, rethinking your distribution networkoptimization has become more important than ever.
Connected technology transforms traditional supply chains into dynamic systems capable of real-time decisions and proactive problem-solving. Essential Components of Data-Driven Supply Chains Data-driven supply chains combine multiple technologies to create a comprehensive operational framework.
and “What is a transportation management system?” The boxes and labels of yesterday are giving way to a single amorphous category: “Providers of Supply Chain Software and Services.”. I shared that perspective more than a year ago in Putting 3PLs and Software Vendors in a Box. don’t fit so neatly in a box any more.
How the food Industry can optimize its supply chain for festivals Many event planners and teams focused on the supply chain may also wonder about possible food or beverage shortages. With high inflation, supply-chain bottlenecks, extreme weather conditions, and possible transport issues, it is a legitimate concern.
TransportationNetworks and Modal Shifts A good transportation strategy is one of the best ways to reduce emissions. Through networkoptimization. This means redesigning products to be more compact and lightweight, using recycled and recyclable materials and packaging optimisation software to reduce void space.
Transportation bottlenecks, labor and materials shortages, rising fuel costs and other factors have made 2021 one of the most challenging times to operate a global supply chain with any degree of control and predictability. The Promise of Platform: Increasing Certainty in an Uncertain World.
Outside of the Paris Agreement, the European Union (EU) has a goal of reducing greenhouse gas emissions from transport by around 60 percent below 1990 levels by 2050. Cost reductions sometimes go hand-in-hand with GHG reductions, but some measures could increase transport costs. Corporate Responsibility.
The companies said the existing healthcare network, including pharmacies, doctors’ offices, hospitals, and other healthcare providers, will need to be activated to achieve herd immunity against the virus. With the third vaccine authorized, these manufacturers are pressing for more companies to be authorized to ship the vaccine.
With my son’s travel baseball team scheduled to begin its season next weekend, the coaches are employing some field maintenance tools you don’t normally see at a baseball field: For all of you who play baseball in California, Texas, and Florida, you have it so easy my friends. Desperate times call for desperate measures.
Third party logistics providers that consider their activity to be rooted in traditional transport and the physical carriage of goods may go the way of the American railroads, which failed to see how aircraft and the private motor car would so drastically affect their transportation market and rob them of so much of their market share.
Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software. Key Points.
That then allows us to create more of that kind of content for 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 Supply Chain. From trends, union strikes, and technology to the integration of different modes of transportation.
In extreme cases, firms simply state that a product comes from one country when, in actual fact, it was manufactured in a country that is impacted by the higher tariff being imposed. Alternatively, you may want to relocate – totally or in part – where your product is manufactured. This practice is illegal. Free trade agreements (FTAs).
As I discussed in a previous blog , more retailers and manufacturers are turning to logistics services providers (LSPs) to manage their growing warehousing and transportation challenges — including rising costs, shrinking margins, labor shortages, and increasing customer demands. What problems can automation solve?
The great news is that, amid the chaos, we are seeing an increasing level of optimism. Because advances in supply chain technology, including the application of artificial intelligence (AI) and machine learning (ML), provide the capabilities to manage these and other challenges. Labor shortages.
They’re also carefully pursuing suppliers, manufacturing, and distribution locations that are sustainable and resilient. By leveraging a comprehensive platform companies can review scenarios through the lens of advanced demand, inventory and manufacturing planning optimization capabilities,” Henriott said.
What is Supply Chain Optimization? Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. What does supply chain optimization involve? Inventory control.
Data is the foundation of a successful supply chain now and will become even more valuable over time as companies lean on their decision support platforms with predictive and prescriptive analytics. Getting the data needed requires an investment in both supply chain talent and technology. And there’s no end in sight. . • per every $1.
Technology leapt to the forefront as visibility into the entire supply chain became essential. Prior to the pandemic, efficiency meant just-in-time manufacturing, but disruptions exposed the flaw in this approach. Sanctions, blocked Ukrainian ports, and stalled transportation routes have also disrupted the China-to-Europe supply chain.
On the transportation end of supply chains, shippers adapt to the transportation needs at any given time to ensure this part of the supply chain continues as well as possible. While disruptions and consumer demands are significant challenges, shippers with the right strategies and technologies can navigate them successfully.
We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. Using a Service Level Agreement with effective, realistic Supply Chain & Logistics KPIs helped considerably.
At the same time, global spending on IIoT Platforms is predicted to grow from $1.67B in 2018 to $12.44B in 2024, attaining a 40% compound annual growth rate (CAGR) in seven years. With their ability to handle mass data, AI driven tools can prove to be highly effective in inventory management. ENHANCED SAFETY. REDUCED OPERATIONS COSTS.
The list of relevant applications of the Internet of Things (IoT) era technology across multiple industries and market segments continues to grow. Deployment of the Internet of Things technology within the chain has significant potential to drive advancement in: Evolving solutions support to simulation. Improve service levels.
Matt is a supply chain industrial broker focused on representing firms associated with warehousing, fulfillment, manufacturing, logistics, and distribution facilities. Additionally, Matt has earned a Logistics and Transportation certificate from Georgia Tech. Matt has an impeccable resume related to large portfolio partnerships.
An EPA SmartWay partnership provides us with the gold standard of emissions calculating tools for sustainability accounting. Freight transportation is the culprit that makes up a vast majority of air pollutants and emissions in the US. Freight transportation is often a huge part of indirect emissions that go un-tracked.
He is an industrial engineer with a diploma in transportation and logistics from the University of Applied Sciences in Bremerhaven. Operate to Excellence: We increased process effectiveness and efficiency through multiple SC Shared Service initiatives that improved customer experience, costs and agility.
Focus on warehouse automation has come full circle since the last big automation movement of the ‘90s, but today with a significantly better set of tools and technological improvements enabling more robust digital transformation and warehouse automation. At the forefront were: politics , the economy and technological advances.
Sphera Acquisition of SupplyShift Sphera , a provider of environmental, social and governance (ESG) performance and risk management software and consulting services has announced the acquisition of SupplyShift , a supply chain sustainability software company. ” No financial data was disclosed regarding the acquisition.
May 4, 2018 The speed and reliability of your distribution network is essential to your company’s success. But for most companies, logistics and transportation are, at best, a supporting line of business and, at worst, a distraction. Every day, businesses use their supply chain network as the differentiator for success.
Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. The total cost of ownership is defined as the combination of the purchase or acquisition price of a good or service.
The combination of technology along with the advancements in transportation made it possible. The traditional manufacturing job defined the middle class. Each time, I turn on the channel, manufacturing jobs frame the global debate. Companies will drive higher value if they DO NOT treat planning as a technology project.
Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. Supply chain optimizationsoftware can help companies navigate challenges, streamline operations, and achieve sustainable success. But what does that mean for future strategies in procurement ?
However, the stories of success are largely project improvements or improvements in vertical supply chain efficiency in manufacturing or transportation. To illustrate the point, here we share snapshots from four different value chains: automotive, healthcare, consumer, and technology. Technology Value Chain Progress 2010-2016.
Supply chains are vital to businesses, facilitating the movement of goods, services, financial flows, and information. Supply Chain Visibility refers to tracking and monitoring the movement of goods, services, and information throughout the supply chain. However, they are also susceptible to disruptions and risks.
Very often it comes from a logistics services provider, one equipped with end-to-end solutions designed to meet your needs while you concentrate your time, energy and investment in your core business. A key service provider should also be able to identify the root cause or reason for slowdowns or stoppages in shipment. Source: GEODIS.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content