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SupplyChain & Logistics News Round-Up (October 7th – 11th) This past week, I’ve been playing tourist in London, one of my favorite cities in Europe. In the context of supplychains, I found the exhibit fascinating and saw that the obsession with foreign objects has persisted throughout history.
This ambitious initiative is set to transform various aspects of the supplychain, from manufacturing and job creation to research and development, infrastructure upgrades, and sustainability efforts. As part of this package of U.S. is a strategic move to enhance domestic production.
Malcolm McLean, a trucker from NorthCarolina, was tired of waiting. He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supplychains. The myth of the “perfect plan”.
I work in supplychain. If I had done due diligence, I’d have seen the warnings – the retailer had pretty pictures on their website, but their supplychain failed them, creating an eleven-month saga and unhappy customer. The failure was in supplychain orchestration – connecting planning to execution.
In a survey of 150 global manufacturing executives, 47% committed to improving supplychain visibility and tracking. According to the Global SupplyChain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment. What is supplychain visibility?
The IoT, along with artificial intelligence, machine learning and cloud technology, has been one of the most important trends in high-tech over the past couple years. The Rise of 5G Technology. The rise of 5G technology is the first advance we will talk about. Manufacturing and Healthcare. Edge Computing. Smart Stores.
Vaccinating the SupplyChain with Andrew Kelley. Andrew Kelley and Joe Lynch discuss vaccinating the supplychain. Andrew is the Chief Commercial Officer at BoxLock , a company that facilitates secure vaccine transfer for biotechs, manufacturers, labs, hospitals, and clinics. About Andrew Kelley. About BoxLock.
Few organizations are immune to the effects, which are acutely felt in supplychains — and the more complex they are, the greater the probability of interruptions. The study found that these leaders considered the largest gap to be between supplychain and procurement, citing it as a major issue. Collaboration is Key.
states, obvious disruptions to supplychains and supplychain risk management were a given. Many of the states affected contained key ports and supply destinations, as well as transportation and logistics hubs. The human links of the supplychain were stressed. These ports accounted for 18.3%
The future of supplychain I foresee brings new risks and challenges, along with recognition that doing things the same way will no longer lead to the same success. Just as the saguaro is both nursed by and supports life in its ecosystem, it behooves supplychains to invest in their ecosystems, both suppliers and employees.
The dramatic spread of COVID-19 has disrupted lives, livelihoods, communities and businesses worldwide and created supplychain heroes across the globe. Here are just a few examples of innovation involving manufacturing and distribution of medical supplies, cleaning products, paper goods, and food & beverage.
Smart Manufacturing has been making a lot of noise in the manufacturing industry, mostly due to how automation can greatly improve manufacturing operations through enhanced productivity. Also known as the “ New Industrial Revolution ”, this may indeed drastically shift the entire world of manufacturing.
Walmart steps up automated store distribution. Cyberattack on Toyota’s supplychain shuts 14 Japanese factories. E2open acquires Logistyx Technologies. Xerox addresses $300m backlog due to supply shortages. Ukraine in the news: War in Ukraine disrupts ships around the globe. US goods trade deficit hits record high.
GEP and the NorthCarolina State University (NCSU) SupplyChain Resource Cooperative surveyed supplychain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supplychain resilience and optimization.
by Melissa Clow This guest post comes to us from Jim Fulcher , Blogger on the SupplyChain Expert Community. The outcome is expected to either significantly impact an existing automotive supplier network or prompt manufacturers and suppliers to move or begin operations. What supplychain risks do you see?
SupplyChains in VUCA Environments with Jim Tompkins. Jim Tompkins and Joe Lynch talk about SupplyChains in VUCA Environments. Jim is the Founder and Chairman of Tompkins International, a company that helps clients achieve supplychain excellence and profitable growth. About James Tompkins. Dr. James A.
NorthCarolina has once again been recognized as the “Best State for Business” by CNBC. And factors related to logistics in NorthCarolina remain a big reason. CNBC Best State for Business NorthCarolina continues to rack up the ‘best state’ awards.
Andrew Kelley is a global technology executive focused on logistics and supplychainsoftware. Overall, he has executed $30B of combined M&A and investments mostly with UBS Investment Bank’s Technology, Media & Telecom group. I’ve also driven for the NorthCarolina Department of Transportation. [2:17]
We salute the year’s top advancements in supplychaintechnology and processes. Thanks to omni-channel distribution, 3-D printing, self-service logistics and other avenues of disintermediation, traditional supplychain roles are rapidly being transformed into all-new opportunities. Warehouse Automation.
Disruption is generally anathema in supplychain circles. 2] That may be true; nevertheless, Luigi De Bernardini ( @ldebernardini ), CEO of Autoware, asserts, “Digitalization is impacting and probably disrupting the supplychain — or at least the traditional concept we have for supplychain.”[3]
Discover why experts predict robust storms and how to safeguard your supplychain. The 2024 hurricane season is expected to be extremely active, with multiple forecasts predicting above-average activity, increasing the potential for supplychain disruptions. Resilinc’s data reflects this change.
In today’s rapidly evolving automotive industry that is significantly impacted by macroeconomic challenges, government regulations, geopolitical tensions, software proliferation, and changing customer expectations, optimizing supplychain processes has become crucial for maintaining a competitive edge.
This week, the company announced a reversal in manufacturing and supplychain strategy, as well as a major turnabout. The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. Pivot Toward Internal Manufacturing Presence.
is bringing a piece of its supply-chain operations in-house as the company reviews broader operations and management of its distribution.” In other words, while cost and service improvements were the main driving forces to outsourcing in the past, access to technology and business intelligence are now equally (if not more) important.
Successfully rolling out a supplychain management system can be an extraordinarily complex and stressful project – not to mention expensive. In this guide to implementing supplychain management systems: What is a supplychain management system? Why implement a supplychain management system?
Author’s Note: Below is an excerpt from Moving Up the SupplyChain Maturity Curve: The Process Industry Executive Agenda for 2016 and Beyond , a white paper recently published by Elemica with research conducted by Adelante SCM. When it comes to supplychain management, however, many companies are far from achieving that swing.
I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Here is what I expect to see next year: Global supplychain footprints will continue to expand.
The Nonwovens Institute in the NorthCarolina State College of Textiles has stepped in to convert much of its equipment over to production of a new material that involves just a single ply mask, an important innovation that will allow the team to begin production of massive amounts of materials for masks.
That’s the prognosis from experts—including those at Resilinc—about the chaos that is swamping global supplychains and undercutting the economic recovery. Since January 1, Resilinc’s commodity tracking tool has alerted customers to more than 100 events that signaled or portended tightening supplies and rising prices for aluminum.
The COVID-19 pandemic has pushed manufacturers to rapidly shift gears, from addressing work-from-home policies to managing extreme swings in demand and uncertain supplychains. In the process, it has highlighted an aspect of manufacturing ERP that is not as visible in more normal times— business continuity.
I live on the coast of NorthCarolina and in my part of the world it is officially hurricane season. All of this started me thinking of analogies for my friends and QAD’s customers in manufacturing. Some storms will make landfall in distant regions and disrupt our suppliers or other connected geographies and supplychains.
If you’re a manufacturer, you likely know the answer. See, there’s a big difference between handling inbound logistics yourself and outsourcing it to a trusted NorthCarolina third-party logistics (3PL) provider that knows the manufacturing industry. Why don’t manufacturers just kit their own parts?”.
For companies within the healthcare and pharmaceutical industries, the pandemic has further highlighted the importance of supplychain visibility. Supplychain visibility in the wake of COVID. Shortages of these supplies made headlines and shone a light on the lack of visibility within the healthcare supplychain.
manufacturing of drugs, semiconductors and other critical products, supplychain managers in the life sciences industry continue to pivot from the pandemic to proactively analyzing supplychain risks and evaluating options to develop more resilient supplychains.
Retailers use a control tower with technology for visibility into inventory on the move and across their store locations. To support coastal communities 24/7, the command center is constantly armed – enlisting support from merchandising, operations and supplychain teams. They monitor the storm in real-time.
The recent devastation wrought on Western NorthCarolina is devastating. Intravenous (IV) Bags Shortages caused by Hurricane Helene have forced hospitals all over the country to begin postponing surgeries as a way to ration supplies for the most fragile patients. But there is another effect, that the media is often not aware of.
It will deliver tropical-storm-level winds by noon Thursday to NorthCarolina's coast, and hurricane-force winds and dangerous storm surges by late Thursday or early Friday. For residents and businesses in the Carolinas and neighboring states, it’s vital to take all evacuation warnings and damage estimates seriously.
The SupplyChain Matters blog features its latest full edition of This Week in SupplyChainTechnology. This column serves as a news capsule of specific developments occurring in the supplychaintechnology sector. The action is termed an assignment for the benefit of the company’s creditors.
The great news about supplychain compliance is that AB&R® makes it a breeze. Supplychain compliance may include things such as employee labor laws, hazardous material handling, and environmental concerns. Labels and Supplies. A compliant barcode is just the first step to supplychain compliance.
I’m based out of Charlotte, NorthCarolina, which is a beautiful part of the country. Eventually, I moved into manufacturing. I was involved in their software development programs for frameworks. I still think it is the melting pot of the world and an amazing hub for technology. I also worked for Honeywell.
For shippers, this year’s overly-active hurricane season in the US is raising alarm bells for supplychain logistics operations. These disruptions impact industries as diverse as food production to manufacturing to retail and many others. Damage to sugar cane fields in Florida which produce nearly a quarter of U.S.
A cornerstone of the modern warehouse, WMS software manages many key warehouse functions, including inventory control (e.g., Items that have common characteristics important to the manufacturer (e.g., the same expiration date) are given a lot number by the manufacturer and/or by a 3PL’s WMS as they are received in the warehouse.
It will deliver tropical-storm-level winds by noon Thursday to NorthCarolina's coast, and hurricane-force winds and dangerous storm surges by late Thursday or early Friday. For residents and businesses in the Carolinas and neighboring states, it’s vital to take all evacuation warnings and damage estimates seriously.
As I highlighted in my supplychain and logistics predictions for 2013 , tablets and smartphones are quickly becoming the preferred computing platform for business professionals, which is why technology providers are designing and optimizing their applications for these devices.
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