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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.
First, in the early 2000s, advancements in data analytics, RFID, and localized supplychains fueled the rise of “fast fashion.” With the growth of these sites and the rise of micro-trends driving consumerism, the fashion supplychain is rapidly evolving, leaving behind significant environmental challenges for future generations.
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. Long-Term Impact on the SupplyChain Apples $500 billion investment is poised to have a lasting impact on the supplychain landscape.
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?
Disruptions expose gaps in the supplychain and amplify problems. Research by GEP and NorthCarolina State University shows how tech can fix the gaps and ensure supplychain resilience and optimization. What can be done? Download now!
Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supplychain leaders to reconsider supplychain inventory practices. planning offers an alternative to swinging the pendulum and as the strategy that provides the supplychain resilience leaders seek.
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”.
Supplychain sustainability is a higher priority than ever. In MIT’s State of SupplyChain Sustainability 2021 , 80% of executives surveyed said the pandemic either had no impact on their commitment or increased it. We must plan, source, make, and deliver differently for supplychain sustainability.
It’s graduation season, so the hunt for critical supplychain talent is more vigorous than ever. We may be known for ensuring we can make and move “stuff,” but ultimately supplychains are human. So as you prepare to onboard new supplychain talent, are you ready to answer the questions they will have?
Getting started with AI in supplychain might not start where you think. Instead start with the foundation of your AI strategy, which should be an understanding of your company’s supplychain and your data. Since this advice on getting started with AI in supplychain may seem counterintuitive, let me explain.
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.
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.
Having an effective supplychain practice has always been a difficult balancing act, even in relatively stable times. The pandemic has exposed flaws in business practices across industries, which have been acutely felt in their supplychain and procurement operations. Gap between supplychain and procurement.
The Fleet Feet SupplyChain The goal for the Carrboro, NorthCarolina-headquartered retailer is to make each store a hub for the local running community that it serves. Most of the goods destined for the company-owned stores flow through their distribution center in Durham, NorthCarolina.
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.
Vaccinating the SupplyChain with Andrew Kelley. Andrew Kelley and Joe Lynch discuss vaccinating the supplychain. Andrew is an experienced technology executive and entrepreneur with over 20 years of experience in supplychain, logistics, SaaS, software, and technology-enabled services businesses.
This description by a Chief SupplyChain Officer of the state of the supplychain he found in his new role stuck with me. Unlike a supplychain, these steps rely on no disruption to their execution. While there is endless speculation, from my reading two supplychain-specific opportunities intrigued me.
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%
During the summers when I lived in Atlanta, I would pack my bikes on top of the car and head to this wonderful, and what was then a remote beach on the Outer Banks of NorthCarolina. SupplyChain Shaman E2open Acquires Steelwedge. Rodanthe is one of my favorite beaches. The problem? Impact on Market?
NorthCarolina has one of the largest number of hogs and poultry in the US, and a lot of discussion came about around the things that can go wrong with our system. Food SupplyChains Local Food Systems Sustainability' Eventually, this discussion began to focus on how to develop local food systems.
” The staff at the Granville County Center Extension of NorthCarolina State University adds, “On National Agriculture Day, we celebrate generations of American farmers, farmworkers, fishers, ranchers, foresters, and all those who work around the clock to put food on our tables and steward our Nations lands.
I facilitated a series of conversations with executives this past week for a forum on supplychain, and I resonated with one CPG leader, who said her aim is to simultaneously build excitement for AI but also to manage it. At the beginning of any symphony performance the orchestra tunes their instruments.
One of the most difficult and expensive aspects of the supplychain is last mile and home delivery. Since then, Zipline has taken what it learned from that program and has recently partnered with Novant Health to deliver personal protective equipment and medical equipment in NorthCarolina.
For supplychains to get more use from their models, we need to “trust the box;” recognize that models are not the holy grail; and remember that a forecast is an input into making better decisions, not an end in and of itself. AI/ML can be applied to supply problems but the biggest interest is in demand.
As of the writing of this, swing states including Pennsylvania, Nevada, Georgia, and NorthCarolina were still counting ballots, and the races are too close to call. With record numbers of mail-in votes still being counted, a winner has yet to be declared.
Courtney Muller and Joe Lynch discuss reflections on Manifest , the premiere conference that unites the entire eco-system of Fortune 500 global supplychain executives, logistics service providers, innovators and investors at the forefront of logistics tech and supplychain.
Wishing your supplychain were strengthened rather than strangled under these conditions? There’s an older term now being applied to supplychains for this capacity: antifragility. While the concept isn’t new, its application to supplychain is emerging, albeit without clear definition yet. A survey by boom!
Courtney is a graduate of the University of NorthCarolina at Chapel Hill. She enjoys gardening and cooking and adores the natural beauty of her island home in NorthCarolina. Courtney’s creative approaches to growing business are exemplified by her strong leadership and team building skills.
The first two quarters of 2014 impacted a lot of supplychain budgets. Supplychains are no different. Those organizations that look to spend less on their supplychain in today’s market by focusing on transportation rates may miss out on the opportunities that arise tomorrow. Robinson Worldwide, Inc.
by Ilyas Kucukcay The concept of a drone was not something we gave much thought too just a few years ago—except for the applications of the military-related operations, much less drones in supplychains as product delivery mechanisms. Meet the dazzling drones of the supplychain near future. Benefits of drone delivery.
Nike Earnings Reflect SupplyChain Disruption Complexities. Charleys Philly Steaks announced it has partnered with Flytrex to deliver freshly-made grilled cheesesteaks via drone in Durham, NorthCarolina. The supplychain issues noted in the reporting were notable, interesting, and likely familiar to many.
He has leadership and P&L responsibility for XPO’s asset-light North American truck brokerage business and complementary brokered services of managed transportation, last mile logistics and global freight forwarding. The corporate headquarters will be in Charlotte, NorthCarolina.
I spent the last couple of days at NorthCarolina State University to work on a joint research project with my good friend Robert Handfield. The SCRC’s organizational structure enables projects to be jointly led by SCRC directors and supplychain managers that financially support the SCRC. Handfield, R.,
Michelle Carroll, SupplyChain Management Department chair at Fayetteville (NorthCarolina) Technical Community College, talks about the importance of preparing students for a career in supplychain.
Local Food Systems Logistics Retail Logistics SupplyChain Economics SupplyChain Management' So that is another project we will be working on with Fort Bragg. This is going to be an exciting semester with lots of project work… so stay tuned!
Prior to starting the company, Mike spent several years in the supplychain industry where he was Vice President of Carrier Operations for Hudson, Ohio–based Caliber Logistics (now known as FedEx SupplyChain Services). At Jarrett, the philosophy is that supplychain partners should have no limits.
As your business grows, a NorthCarolina logistics hub could make sense for many reasons. NorthCarolina offers a dynamic economy in a place where people want to be. Statistics show that NorthCarolina is growing at twice the national average. NorthCarolina’s value as a logistics hub is no small reason why.
NorthCarolina, the Tar Heel State. NorthCarolina is first in something else too: business. In this article, we’ll examine the business and logistics characteristics of the state and explore the advantages your operation can enjoy by locating your distribution centers in NorthCarolina.
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. in terms of favorable business costs.
The pandemic-related rise of eCommerce, combined with companies holding onto more inventory to guard against supplychain disruptions, has led to a tight real estate market where companies are battling for available space. Warehouses in NorthCarolina: what are your options? Why look for a warehouse in NorthCarolina?
Just last week, my colleague Clint Reiser wrote an article about the top logistics and supplychain conferences to attend in 2024. 5 SupplyChain Predictions for 2023 ; Dr. Madhav Durbha ( Coupa Software ) So much has changed in a year! So, let’s take a look now at the 15 most popular logistics stories of 2023.
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.
Rob Handfield, Bank of America Professor of SupplyChain Management with the SupplyChain Resource Cooperative in the Poole College of Management at NorthCarolina State University, discusses the reasons behind the current worldwide shortage of ocean containers, and what carriers and manufacturers must do to solve it.
by Melissa Clow This guest post comes to us from Jim Fulcher , Blogger on the SupplyChain Expert Community. What supplychain risks do you see? The post Plant-location decisions and potential supplychain risk appeared first on The 21st Century SupplyChain.
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