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
It was held at the University of Michigan in Ann Arbor. On Wednesday, the theatre at the Michigan League was bursting at the seams to hold over 500 attendees. The attendees were sitting on the edge of their seats to hear about the next release of Llamasoft software. Today, supplychain design has become a process all to its own.
Supplychain management books that are praised by supplychain executives, consultants and supplychain management professionals at all levels. Background In dynamic supplychain management environment, people have to make the quick and decisive actions against various issues.
As an analyst in the battered supplychainsoftware market for a decade, it is fun to watch you grow. Clients buy your software because you make it real. For those who are new to reading the SupplyChain Shaman blog, let me begin my analysis with a disclaimer.
ATLANTA (August 24, 2022) American Software, Inc. NASDAQ: AMSWA) today reported preliminary financial results for the first quarter of fiscal year 2023. million for the same period last year, and software license revenues were $0.3 Company and Technology. million and purchased Starboard Solutions Corp.,
We conclude that different types of loans may help e-commerce supplychains. Loans can save you everything, from funding inventory purchases to pay for innovations in common functions. Grand View Research recently reported that the global e-commerce market will be valued at$25.93 in CAGR by 2030.
The COVID-19 pandemic caused unprecedented global supplychain disruptions, impacting the flow of parts and finished goods around the world. The disruption caused by COVID-19 is unique in that it impacted supplychains across all industries.
Balancing supply and demand requires careful planning and the ability to adapt to changing market conditions, especially when considering the bullwhip effect in supplychain management. What is the Bullwhip Effect in the SupplyChain? Imagine a retailer experiencing an uptick in customer demand.
Michael Baudendistel ( @FWavesRail ), an analyst and Market Expert at FreightWaves, reports, “There were some interesting, if perhaps intuitive, highlights from the latest University of Michigan Surveys of Consumers. Taking the Digital Path to Purchase. ”[3]. Stable Consumer Behaviors.
Moving on, here’s the supplychain and logistics news that caught my attention this week: Introducing Amazon Key, a New Level of Delivery Convenience for Prime Members. Latest Use for a Bitcoin Technology: Tracing Turkeys From Farm to Table (WSJ sub. Alphabet looks to snowy Michigan to test self-driving cars (Reuters).
Customers don’t want to think about supplychains; they just want great purchasing experiences. Although the connection between great customer experience and a world-class supplychain should be obvious, customer experience is not the first thing that pops into most peoples’ minds when they hear the term “supplychain.”
I can’t wait to receive my Michigan State themed shoes – GO GREEN , GO WHITE.). Delivery of ‘make to stock’ products to a home or business is now available within hours of making a purchase. An estimated, 75% of available supplychain data originates from outside the ERP system. What’s next?
I can’t wait to receive my Michigan State themed shoes — GO GREEN , GO WHITE.). Delivery of “make to stock” products to a home or business is now available within hours of making a purchase. An estimated, 75% of available supplychain data originates from outside the ERP system. What’s next?
New technology has made today’s world a much more connected place. So why are our supplychains so disconnected? Few companies share meaningful data with their supplychain partners, and even when they do, the partners often don’t use it. That’s why 2016 will be the year of connectivity in supplychain.
SupplyChain Matters features our latest full edition of This Week in SupplyChain Management Tech , a compilation of funding, partnership and other noteworthy financial announcements related to supplychaintechnology providers. Our last full edition of this column was published on July 10.
supplychains face seasonal risks as the hurricane season begins — and it could be a tough season. Chris Dolce ( @chrisdolcewx ) reports, “The 2020 Atlantic hurricane season is off to a fast start with three named storms by early June.”[1] Generally, however, technology can help. They are: 1. Assess your risk.
For the last couple of decades transportation management systems (TMS) have revolutionized supplychains, helping companies streamline their logistics processes, achieve greater visibility into their operations and save significant dollars on transportation. Those days are over. That’s the big win.
Supplychain optimization consultant, author, and podcaster Marcia Williams has been working in supplychain since 2004. On episode 18 of SupplyChain Next, Marcia talks with host Richard Donaldson about what works and what doesn’t when it comes to digital transformation. ?. I use finance to show the value.
As a young assistant professor at Michigan State University in 1992, I was part of a group called the Global Procurement Benchmarking Initiative. This initiative benchmarked over 300 global companies, and set forth many of the principles for what we called “World Class SupplyChains”.
Now, on to this week’s supplychain and logistics news… Wal-Mart says it is 6-9 months from using drones to check warehouse inventory (Reuters). Michigan Puts Forward Bills to Allow for Public Sales of Driverless Cars (WSJ- sub. Enspire Commerce Launches Next Generation Point of Sale (POS) Software.
Professor Zondag is a professor from supplychain program at Western Michigan University which is ranked one of the best program in the nation. Indeed, a 2012 survey by the Aberdeen group found that reducing supplychaincosts is no longer the biggest operational challenge faced by supplychain professionals.
Supplychaintechnology industry analyst and SupplyChain Matters Founder Bob Ferrari provides added perspectives and highlights to last week’s announced acquisition of Starboard Solutions by Logility. Noted customers include Porsche , Deloitte , CBRE , Flexe, Geodis, Miele, One Network , and Topco , among others.
In this final post of the series, I highlight three reasons why I believe learning technologies will make this future not only possible, but also imminent: First, there are breakthrough innovations in the underlying learning algorithms. Machine Learning technology has finally come of age. Again, performance improves with experience.
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. Headquartered in Zeeland, Michigan, it has multiple local plants, as well as facilities in China, Hungary, and Mexico. Keeping Production on Track.
This week the SupplyChain Resource Cooperative is holding an executive panel focused on the challenges of dealing with counterfeiting in the supplychain. Rule one of SRM is – know who you are buying from and who is in your supplychain! All of these sectors have a common enemy: counterfeit crime.
An excerpt from our book “The Procurement Value Proposition” got a nice section of CSCMP’s SupplyChain Quarterly edition this week. I had the opportunity to also witness the evolution of the field now known as “supplychain management” over the past 25 years.
The SupplyChain Matters blog highlights past comments from Akio Toyoda, former CEO and now Chairman of Toyota Motor , and now the potential realization of what he predicted. He rather steered the company toward providing varying power train options for consumers and for countries, which included hybrid power technologies.
Rob Handfield has over 30 years of experience in supplychain as an educator, researcher, consultant, and author. He is a consultant to Fortune 500 companies and US federal agencies, and a speaker with focus on the fields of strategic sourcing, supply market intelligence, and supplier development.
A recent WSJ article highlighted a fact that confirms much of what we found in our study of counterfeit products in the supplychain a year ago: if you’re buying on Amazon, beware of counterfeits. Professor Wilson of Michigan State University notes that the explosion of counterfeiting is occurring for several reasons.
Many metrics can be used to determine the top 3PL warehousing companies, such as company revenue, the number of warehouses, total warehouse square footage , etc. This compilation is based on the most currently available company revenue data (between 2018 and 2020) without factoring in any other metric.
However, as the supplychain challenges of the coronavirus crisis continue to play out, with certain household products like paper towels, baking ingredients, and cleaning supplies still difficult to find, some are questioning the wisdom of this management philosophy. Lean increases engagement among employees.
The modern warehouse is complex, and management must balance a number of factors including software, automation, training and processes such as receiving, picking and inventory management. Order picking, in particular, has seen significant improvements through technology innovations. ’ reports OSHA.
Inventory management definition Inventory management, in a nutshell, describes your efforts to manage, assess, and report on the flow of your stock of goods. You might be using pencil-and-paper, spreadsheets, or sophisticated inventory management software to do this. Sale, purchase, return, or exchange. Time and day.
Inventory management, in a nutshell, describes your efforts to manage, assess and report on the flow of your stock of goods. You might be using pencil-and-paper, spreadsheets or sophisticated inventory management software to do this. Sale, purchase, return or exchange. He gazed longingly over Lake Michigan. Time and day.
To understand the state of this latest supplychain crisis–and when it will end–this guide to the 2022 baby formula shortage breaks down: The cause of the baby formula shortage. The Risk of Outdated Forecasting Software. Outdated forecasting software only increases the risks surrounding a disrupted supplychain.
Lack of effective supplychain planning in food & beverage can have life-or-death implications. The closure of the Abbott Nutrition facility in Michigan last February may have ignited the nationwide infant formula shortage, but this was (and still is) a fragile supplychain that could have broken for any number of reasons.
Continuing our SupplyChain Matters highlights of the global wide automotive industry’s ongoing supply network and production transformation towards developing and producing electric powered vehicles, we highlight a recent announcement from Ford Motor Company. This planned $3.5 Inflation Reduction Act. powered EV ’s.
Many small to medium-size business owners are turning to supplychain management solutions to solve their biggest problems. That’s why, to compete, they must ensure all components of their supplychain management processes run smoothly.
Many small to medium-size business owners are turning to supplychain management solutions to solve their biggest problems. That’s why, to compete, they must ensure all components of their supplychain management processes run smoothly.
With corrected vision, here is the supplychain and logistics news that caught my attention this week: Longshoreman Union Leader Stalls Planned Work Shutdown (WSJ – sub. Boston startup raises $10M for retail software that predicts inventory needs (Boston Business Journal). How did I get here? Mexico Warns U.S.
While the pandemic has given procurement managers fresh ammunition to advocate for greater resiliency within their corporate supplychains, geopolitical experts and a bipartisan coalition of legislators argue that the U.S. This is alarming.”. From ships to drones. Critical minerals like lithium and nickel.
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