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Scott Fenwick, Senior Director Product Strategy for SupplyChainPlanning at Manhattan Associates. Manhattan Associates, a leading supplier of supplychain and omnichannel management software solutions, recently had a major product release that will shake up the supplychainplanning market.
Manufacturers like Hyundai are experiencing a shortage of components that threaten s to halt production. The virus continues to compromise supplychains and disrupt companies at a troubling rate, but a re businesses prepared from a supplychainplanning perspective? . – Tweet this.
ARC Advisory Group has been covering the SupplyChainPlanning ( SCP ) market for 17 years. The pandemic brought home the need for companies to run agile and resilient supplychains. Supplychain agility reflects a company’s ability to respond quickly to surges or plummeting demand.
S upply chainplanning requires constraints to be mapped. Supplychain management has been in the news. But the intricacies of supplychain management are beyond the grasp of most. One key solution used to help manage complex supplychains is supplychainplanning (SCP).
Today’s article is the fifth part in a series featuring surveys from APQC on supplychain topics including ESG in supplychain , environmental sustainability , last mile , digital transformation. In May 2024, APQC gathered insights from supplychain professionals on Robotic Process Automation in supplychain.
The COVID-19 pandemic has exposed many risks and uncertainties in supplychain networks. Materials shortages , demand fluctuations and plan t closures have led many organizations to revisit their supplier relationships, as well as distribution and production locations. Read on for common use cases. .
My last post on the SupplyChain Shaman blog was forty-five days ago. Then it was the redefinition of the supplychain for the global shutdowns Sick with the virus; I spent my energies writing and moderating podcasts. As we moved into our new roles, for all supplychains, demand shifted. Time to Know.
In the rapidly evolving world of global supplychains, interoperability—the ability of systems, devices, and organizations to work together seamlessly—has become a critical factor for operational efficiency. Here’s how each layer translates to the supplychain context: 1.
I seethed as the news stations celebrated supplychain success for the December holidays. The health of the supplychain underpins our economy. When the supplychain is sick, all industries suffer. The supplychain can handle cost increases more easily than variability. I am worried.
The global economy rebound from COVID-19 hinges on the discovery and manufacture of an effective vaccine. However, supplychain leaders well understand that drug discovery, manufacturing, and distribution are all necessary to deliver the vaccine to a willing arm. As a result, the supplychain, as we knew it is dead.
Complexities integrating data from across global supplychains. Start with your supplychain. These responses illustrate that supplychain sustainability is top of mind for many companies. You can take action and respond to supplychain issues before they cascade into catastrophes.
I engaged in numerous discussions with robotics executives last year as I was developing ARC Advisory Group’s mobile warehouse robotics (AMR) research. CLINT: Mark, I came across many former Kiva Systems employees during my discussions with executives at warehouse robotics companies. Kiva put supplychain and design together.
A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The planning team was defending the status quo without questioning current practices and how to improve them.) Starting to understand the issue with multi-tier demand planning?
In a recent research project, we found that 2/3 of companies had a digital supplychain 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. SupplyChain 4.0.
They used the phrase planning at the edge of chaos. The Need for Speed When you talk to supplychainplanning software suppliers, they identify similar trends. And the trends they are focused on have a direct impact on their product development plans. Then, a new plan must be quickly generated. I love that.
Many large enterprises use one form or another of a supplychain application to help manage their supplychains. Supplychain vendors have been touting their investments in artificial intelligence (AI) for the last several years. AI can refer to several different types of math.
Amongst the issues faced by both businesses and consumers in 2021, supplychain shortages – and the resulting challenges – held strong in the headlines throughout the year. Five Lessons Learned Overcoming 2021’s SupplyChain Challenges. Five Lessons Learned Overcoming 2021’s SupplyChain Challenges.
The evolution of planning moves from a focus on the enterprise to an adaptive platform that senses and responds based on market data. An outside-in model requires a redefinition making today’s supplychainplanning technologies legacy investments. What Is An Inside-Out Planning Process?
Technology can have a significant impact on supplychains, but supplychain digitization still lags behind digitization of other areas of business across many industries. Still, there are several technologies that are transforming supplychains for the organizations that adopt them.
ToolsGroup’s GM of North America, David Barton, sat down for a video interview with Robert Bowman, managing editor at SupplyChain Brain , to share anecdotes and advice for supplychain planners in a year no one could have planned for. What’s your top advice for supplychain companies for the rest of 2020?
ARC is getting ready for our SupplyChain Forum on February 16 th and 17 th. End users – supplychain practitioners working for manufacturers, distributors, or retailers – can attend for free. Supplychain applications have long been a way for companies to compete better. Relentless Competition.
Our team put several resources together to help supplychain organizations navigate through this crisis safely. . The next 2-4 weeks are critical to understand the exposure throughout your value chain, take actions to address anticipated shortages , and ensure resource requirements to restart. Evaluate different scenarios .
That’s why staying on top of the latest supplychainplanning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supplychainplanning.
SupplyChain Resilience Depends Upon End-to-End Visibility Service companies, where one firm takes over a set of duties that used to be done in-house, is quite common. In supplychain services, the services company plans and executes on behalf of their clients. I talked to one of GEP’s planning customers.
Usually, a supplyplan can’t be fully executed. Robust supplyplans can optimize across distribution, manufacturing, and logistics constraints and deliver an optimal plan that hits service objectives at the minimum cost. It is better to have an optimized plan than not, but money is left on the table.
Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supplychain resilience. Background The Council of SupplyChain Resilience met for the first time this month. What is supplychain resilience?
During my current supplychainplanning market research, I have received briefings from several SCP companies. Many say that they are using generative AI, a type of AI that can create new content and ideas, as part of their journey toward autonomous planning. If a user makes changes to the plan, they log that data.
Kearney research shows that the more companies invest, the bigger the average ROI Investments in supplychain firms and technologies represent 15-20% of total venture capital investments, according to a recent report by the management consulting firm Kearney. More than 150 supplychain startups have been acquired in the last two years.
There are some young supplychain technologies that are getting a lot of buzz. In this article, the main hyped, promising, and solid solutions but widely adopted technologies in supplychain management are discussed. We continue to see companies pitching their blockchain solutions in the supplychain realm.
Despite the significant amount of effort involved in going from running a business on Excel spreadsheets to implementing an enterprise resource planning (ERP), they are very grateful that their efforts to improve their supplychain agility were underway when the pandemic hit. The Peet’s Coffee SupplyChain.
Global manufacturing today faces significant operational challenges. How should manufacturers adapt to meet the challenges and shift from product-centric to customer-centric operations? How should manufacturers adapt to meet the challenges and shift from product-centric to customer-centric operations?
Traditionally, planning processes are designed to serve specific time horizons – sales & operations execution (S&OE) is used for short term horizon, sales & operations planning (S&OP) for the mid-term horizon, and integrated business planning (IBP) for long term strategic horizon.
Warehouse Labor Woes are Worse than Ever. Contract logistics – companies that provide warehousing services – certainly falls into that category. The Warehouse Labor Shortage. The warehouse and transportation industry had a record 490,000 openings in July. Eight percent of warehouses have a surge of over 100%.
In late 2023, we conducted a survey of 1,000 supplychain and logistics decision-makers across North America and Europe across three sectors: manufacturing, distribution and retail; carriers; and logistics services providers. The results of the research report How Bad Is the SupplyChain and Logistics Workforce Challenge?
Once upon a time, the world of manufacturing was a relatively stable place. But then, supplychain disruption became the rule instead of the exception, consumers changed their tastes as often as their socks, and global competition started playing hardball. So how does a manufacturer navigate this rollercoaster?
However, as carbon taxes and emissions reporting requirements continue increasing, supplychain professionals face mounting pressures from inside and outside their organizations to measure and improve performance against new, nebulous sustainability metrics. Sustainability is high on the list of favorite corporate buzzwords.
Franklin Sports needed to protect sales in this category by improving their pickleball supplychain. To achieve that, Franklin Sports supplychain needed to be improved significantly. Without an efficient supplychain, a company can’t meet the demand that exists, and competitors swoop in and grab market share.
My head is wobbling with announcements, late-night Friday press releases, company name changes, and executive turnover in the supplychainplanning market. Logility, a conservative company supplychainplanning technology, historically had no debt and cash reserves of more than 80M, is undervalued in this deal.
In this conversation, Asena and I talked about autonomous planning in supplychain. Second, what is autonomous planning in supplychain, and what are some practical examples? Third, is autonomous planning feasible for all companies of all sizes? So how do companies achieve autonomous planning?
If your company’s supplychain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supplychain resiliency test. Supplychain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks.
During the 1980s, I was on a management team for a large manufacturer. The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team.
The Association for SupplyChain Management ( ASCM ) hosted its annual conference, ASCM CONNECT , on September 18 – 20 in Chicago. As such, I assumed that supplychain wasn’t a core competency. Network SupplyChain Restructure. Fortunately for me, some of the sessions were available virtually.
Summitt Hogue and Joe Lynch discuss what kills warehousing companies. Growe has evolved into a diverse network that connects numerous 3PLs, brands, manufacturers, and vendors in every market across the country. In the podcast interview, Summitt and Joe discus what kills warehousing companies.
Cyberattacks seem to be growing in prevalence and severity, particularly those around the major supplychains in the US, including both the fuel supplychain and the food supplychain. SupplyChain Cybersecurity Risks Continue to Exist Around the Globe.
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