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
From balancing cost-efficiency with ethical sourcing to enhancing transparency and integrating corporate social responsibility (CSR), businesses face mounting pressure to align their operations with sustainability, technology, and energy practices. The energy sector provides a compelling example of CSR-driven compliance.
Author’s Note: At the ProMat conference earlier this year, I delivered a presentation at the Locus Robotics booth titled “Warehouse Robots: What We’ve Learned So Far” based on research results from our Indago supply chain research community and other sources. Below are some excerpts from the presentation and research.
The company, heavily invested in Canadian manufacturing, faced a crisis because its raw materials were sourced from outside North America, disqualifying it from USMCA tariff exemptions. Design product flexibility to include materials sourced for US and non-US markets or quickly adapt to different sources of materials.
Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.
Why do some embedded analytics projects succeed while others fail? We surveyed 500+ application teams embedding analytics to find out which analytics features actually move the needle. Read the 6th annual State of Embedded Analytics Report to discover new best practices. Brought to you by Logi Analytics.
Now more than ever, organizations must prepare their supply chain for the present and the unknown challenges and opportunities in the future. Doing so helps organizations detect market shifts and makes supply chain decisions more forward-looking than an analysis of the past, present, and at best, a tactical view of the future.
For procurement organizations, the German Supply Chain Act presents both challenges and opportunities. The Act also presents an opportunity for procurement organizations to demonstrate their commitment to sustainability and ethical conduct. BAFA can impose penalties on businesses that don’t comply with regulations, including: .
Source: Fortune. #3: Source: Fortune. Give individual contributors stretch assignments and present these to leadership. Find out what employees value as part of their professional development, work/life balance, and benefits, and go from there. 3: Overcome the Staff Shortage by Supporting a Remote Workforce.
Proactively adopting cleaner energy sources ensures alignment with these evolving regulations. The industry’s dependency on traditional energy sources necessitates an urgent shift toward cleaner alternatives. Transparent sourcing practices build trust among consumers and investors.
Marisa Brown, Senior Principal Research Lead, Supply Chain Management at APQC (American Productivity & Quality Center) recently gave a presentation at ARC Advisory Group’s Supply Chain Forum. In her presentation, Ms. Because of the pandemic, risk management surrounding sourcing has become top of mind in supply chain organizations.
Many of the case studies being presented at today’s conferences were born during the pandemic and the post-pandemic turbulence. The audience assumes that the presenting company is outperforming. Watching the presentations, I wonder how we became so laser-focused on such a limited view of risk.
For instance, sourcing of raw materials for battery manufacturing may become the next great supply problem as automakers bet big on electrification in 2023.
The panel group is sourced from my group of LinkedIn followers. Summary So, if you are at a conference hearing a presentation on S&OP imagine where the presenting company is on maturity and ask for feedback on this research. My goal is to help. I openly conduct and share research in front of the firewall.) The reason?
What is the role of make, source, and deliver? For additional insights check out our presentation at Informs. Define a proactive approach and the value/economies of scale of planning manufacturing/transportation and sourcing together. In small, regional distributors, the goal may be better replenishment.
Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supply chain. Yet, within the pursuit of efficiency lies a lurking peril: single sourcing. The pandemic was a wake-up call to the dangers of single sourcing. What is single sourcing and sole sourcing?
At the conference, I was fortunate to see a presentation from Brent Wilson, Senior Vice President of Global Supply Chain at Qualcomm. Brent pointed out that Covid created small interruptions for many companies in terms of sourcing semiconductor chip materials. In May, I attended the Kinaxis Kinexions event in San Diego, CA.
In our monthly webinar last Wednesday, I presented these results. During the webinar, a respondent asked me to not present just the facts but to give advice. Recently, I was presenting to a supply chain team in Europe. Successful network design strategies are holistic crossing the boundaries of source, make and deliver.
Source: mainebiz.biz In today’s rapidly evolving logistics and supply chain sector, warehouses are increasingly turning to innovative technologies to gain a competitive edge. This presents a tremendous opportunity for forward-thinking warehouse owner/operators to create a competitive advantage. According to JLL, the U.S.
Thinking back on the many presentations, panel discussions and conversations over the course of the conference, a few unifying themes come to mind. As the logistics technology sector continues to mature, the number of tools, solutions and platforms that supply chain stakeholders are using (juggling?)
The main take aways from the presentation earlier this year were the following: The auto industry has made supply chain risk management a priority since the Fukushima nuclear disaster in 2011. They wanted these diverse sources of information pulled together in one central, user-friendly location they call their “garage.”
Simply put, supply chain operations are under strain with pressures coming from multiple sources. Meanwhile, executives are focusing on the present, with an eye to the future a concern for a repeat of the recent past. And they must be capable of adapting to various demands.
Near or re-shoring sourcing strategies will be evaluated to “shorten” supply chains and gain greater control of supply chain performance. It also presents an excellent opportunity for supply chain and logistics professionals to raise the visibility and value of supply chain strategies and operations.
Vishal Patel and Peter Hunt delivered their session ‘Creating Value with Strategic Sourcing’ to discuss how Procurement professionals are recognizing that the fast-paced digital landscape of today demands new approaches to category management and strategic sourcing. The answer is simple – automation. See you soon!
Additionally, your platform still needs to provide your operations with an open portal into the common data lake, establishing access to a source of truth from any system or device in near real-time. Our mission and core values are the foundation of our culture and guiding source in our interactions. Sound too good to be true?
It’s human nature to want to start a new year with new goals—the ever-present new year’s resolutions. Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Typically, we make it at least one month into the new year before we have to revise our plans.
I found the presentation by UScellular especially interesting. The supply chain team conducted an in-depth analysis of 3 key projects and determined that 61% of components are internationally sourced, and most critical components are manufactured in Asia or Europe. Fortunately for me, some of the sessions were available virtually.
Allyson Hatfield, demand planner at MARS Petcare presented. At the end of the presentation, I asked Allyson her perspective on open source analytics. ” I said internally to myself and quickly rebounded to thank her for a great presentation. Allyson’s presentation was just that. ” “Oops!,”
There is no network capable of connecting sourcing, logistics, manufacturing, and distribution together in the market today. Avoid slick presentations. If the presentation sounds too slick, it probably is. Here are some rules of thumb: 1. It is a messy market. Form cross-functional teams and focus on building value.
Companies find it difficult to fully trust the data from suppliers, complicating efforts to ensure product authenticity, safety, and ethical sourcing. This will enable diamond jewelry consumers at scale to engage with the unique journeys their diamonds have taken from source.
Source: IDC FutureScape: Worldwide Supply Chain 2022 Predictions — APEJ Implications. Tender documents and responsible source guidance are requiring suppliers to show evidence of their actions to support ESG initiatives, as well as the actions of their suppliers. Companies, both large and small, are changing. MORE FROM THIS EDITION.
Especially, I would say when we were talking about the Amazon effect I would say now it’s present more than ever maybe even changing the word into the COVID effect. And digitalization is more than present. I think it’s more that the idea of sourcing and how to buffer certain inventory will be definitely more localized.
No effort required to set up (careful data sourcing and data preparation is fundamental). A critical column in this table is for the output, which I know for past launches and will predict for future launches (the output column would not be present in the case of clustering). Overall reasonably accurate forecasts.
As a result, hospital chains largely lacked competence in sourcing. In this model, you are presenting the surgeons with all the options. In many healthcare systems, the costs of these supplies and services were not closely examined. The costs were passed down the line to patients and insurers. We built strategic supplier partnerships.”
By maximizing resource utilization and implementing careful procurement management, the government can source the best goods and services at the most competitive prices. However, implementing category strategies for successful sourcing and supplier management can be challenging without the right tools.
by Richard Cushing In part one of my inventory management best practices series I argue that inventory cannot be managed until it is controlled, and present the notion our general willingness to apportion blame upon unreliable data from enterprise resource planning (ERP) systems is misplaced. This isn’t because the ERP system is flawed.
A company’s supply chain is a key source of competitive advantage and Supply Chain Management (SCM) is designed to allow a company to monitor its suppliers and utilize the available resources to improve performance. But most sourcing and procurement teams need to pivot and modify the way they handle SCM decisions.
Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.
Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. Procurement processes–encumbered by a focus on paperless processing, RFPs/RFQs, and efficient procurement–do not embrace the capabilities and requirements of direct material sourcing. Current State of Visibility.
You can be proactive and use c ausal f orecasting to leverage data you already own, model additional data sources that could help explain demand variability… or do nothing. . You may have determined already that c ausal f orecasting works best in certain environments and does present some challenges. Featured Download.
FreightWaves’ SaaS product, SONAR, is the leading freight market analytics tool and dashboard, aggregating billions of data points from hundreds of sources to provide the fastest data in the transportation and logistics sector. FreightWaves provides current digital intelligence and context to the freight community on a central platform.
FreightWaves’ SaaS product, SONAR, is the leading freight market analytics tool and dashboard, aggregating billions of data points from hundreds of sources to provide the fastest data in the transportation and logistics sector. Learn More About The Bloomberg of Freight. Mary on LinkedIn. Mary on Twitter. FreightWaves on LinkedIn.
Driver dwell is a key source of driver dissatisfaction and contributes to the driver shortage. Weisenberger’s presentation particularly interesting was that while Ms. K-C needed one solution … to understand where loads are all across the organization” based on “one source of truth.” This was an online event. What made Ms.
Source : Designing Disruption. Tapping into the potential of such technologies presents a wealth of essential economic opportunities to not only advance environmentally but, ultimately, to build operational excellence and organizational resiliency. Figure 1 : Potential use case benefits.
This past weekend, I decorated my house with my kids with our usual Halloween flare: skeletons, spiders, skulls, gravestones, and the ever-present flying bat. All Mars’ products in Europe to be sourced with 100% sustainable cocoa. While the Halloween season is just getting started, retailers are clearly looking ahead.
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