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A data gateway is essentially a connective tissue across your supply chain, providing unified access to supply chain data from various sources, including enterprise systems, data feeds, data warehouses, data lakes, data marts, and business entities.
A data gateway is essentially a connective tissue across your supply chain, providing unified access to supply chain data from various sources, including enterprise systems, data feeds, data warehouses, data lakes, data marts, and business entities.
Road freight alone accounts for approximately 7% of global CO2 emissions, with maritime and air transport further amplifying the environmental burden. Proactively adopting cleaner energy sources ensures alignment with these evolving regulations. Reducing packaging volume and weight also decreases transportation emissions.
SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions. Spend Management Takeaways SAP continues to invest in using generative AI to improve the user experience.
Speaker: Ayesha Choudhury - Senior Vice President, Head of Capital Markets at Infinium
With the first wave of the energy transition, renewable energy sources (such as solar and wind) have begun replacing coal power generation. However, some sectors are lagging behind and struggling to decarbonize more than others, including large-scale transportation like commercial aviation, shipping, and rail transit.
Excess inventory, stockouts, and increased transportation expenses are common consequences of outdated planning methods. This enables companies to adjust sourcing, production, and logistics well in advance of potential disruptions. Predictive maintenance of transportation fleets reduces downtime and repair costs.
The key to this lies with sourcing. Before diving further, let us define what sourcing is. Sourcing is the practice of finding and selecting suppliers for a range of services (e.g., transportation, warehousing) or materials – direct, indirect, MRO (Maintenance, Repair, and Operations), goods for resale.
Oracle Fursion Cloud Transportation Management offers a solution that allows transportation planners to see estimated emissions – carbon dioxide, nitrous oxides, and particulate matter – before a trip is executed. Transportation is, of course, a major source of green house emissions. That is more than any other sector.
In April 2023, one of our Indago members — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — submitted the following question: “We see the future of transport moving toward electric and autonomous vehicles. appeared first on Talking Logistics with Adrian Gonzalez.
This includes sourcing of ammonia, transportation by ship, and delivery to floating import terminals where the ammonia is cracked into hydrogen for delivery to SEFE customers through the German hydrogen core grid.
Transportation, warehousing, and manufacturing collectively contribute significantly to carbon emissions, making these areas critical for meaningful change. Similarly, shifting freight from road to rail or waterways offers lower-emission alternatives for long-haul transport.
Reducing cost was the primary objective, and most operational decisionsfrom sourcing to fulfillmentreflected that mindset. Political instability has disrupted transportation corridors. For years, supply chains were engineered to be lean. But todays global environment is more unstable than it was a decade ago.
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. These automated systems are designed to perform tasks such as sorting, picking, transporting, and packaging goods with unparalleled efficiency and precision.
Supply Chain Knowledge and Risk Mitigation: Suppliers have a direct impact on direct spend with raw material and transportation costs as two big drivers of operating margins. For instance, suppliers may have strong Vendor Management process expertise that will help reduce working capital. Nari Viswanathan is Sr.
During his tenure in the industry, he built innovative pricing and forecasting models, leveraging internal and external data sources to improve internal decision-making and increase profitability. Prior to joining DAT, Adamo led the pricing and decision science teams at FedEx.
The partnership will explore the feasibility of transporting ammonia-based hydrogen to Germany and other European locations via floating import terminals. These passports provide a digital way to document a products entire lifecycle, ensuring compliance and transparency.
Kudos to the supply chain and logistics teams that have already adopted transportation management systems (TMS), warehouse management systems (WMS), and other digital solutions. With its ability to monitor conditions across the supply chain at every node and touch point digitalization provides the only practical solution.
The partnership will explore the feasibility of transporting ammonia-based hydrogen to Germany and other European locations via floating import terminals. These passports provide a digital way to document a products entire lifecycle, ensuring compliance and transparency.
data extractors, search APIs) to perform tasks, enabling them to dynamically adjust to new information and real-time knowledge sources. Logistics Optimization AI Agents can analyze transportation networks, weather patterns, and other variables to optimize routes and reduce costs.
At Logistics Viewpoints, we have written about how companies are looking to reduce carbon emissions, especially when it comes to transportation. As the world’s largest retailer, with a world-class transportation network, we have the ability to make a meaningful difference when it comes to reducing greenhouse gas emissions.
auto parts are sourced from Mexico, making the tariff impact immediate and severe. Freight rates have surged due to increased demand for ocean and rail transport, particularly for industries like consumer goods and industrial manufacturing. Approximately 40% of U.S. Vehicle production costs in the U.S.
The explosion in globalisation, and corresponding reduction in transport availability over the last decade or so, have together kiboshed some of the factors which once fueled a steady growth in offshore manufacture and procurement. Let me show you why. Understanding the Basics: What is Nearshoring?
Data-Driven Insights: DAT offers advanced analytics, providing shippers with actionable insights to optimize transportation decisions and mitigate risks. RateView Analytics: DAT helps manage transportation costs with accurate market data, allowing shippers to set realistic budgets and adjust rates during volatile conditions.
Milk Processing : After collection, milk is transported to regional processing plants, where it is pasteurized and packaged. This venture’s success will be closely watched, not only for its implications for Amul but also as a source of inspiration for other Indian brands aspiring to foray into the international arena.
Companies that previously prioritized cost-cutting and centralized sourcing quickly found themselves exposed to serious production and distribution risks. In response, many organizations have shifted toward decentralized and regionalized supply chain models, distributing production and sourcing across multiple regions.
A data fabric does not store data itself; it connects and provides access to data from diverse sources without physically moving or duplicating it. It accesses, transforms, and harmonizes data from multiple sources to make it usable and actionable for various business use cases. This is an impressive feat that sounds almost magical.
That supply planning application needs to be integrated into an array of internal systems ERP, transportation management, warehouse management, procurement, and other applications. It accesses, transforms, and harmonizes data from multiple sources to make it usable and actionable for a wide variety of business applications.
What Is Strategic Sourcing? A Complete Guide Strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. It is called strategic because it replaces traditional ad hoc approaches to sourcing, which were almost entirely focused on cost savings, item by item.
This creates a unified view by stitching together data sources in real time. Supply models have been focused on source, make, and fulfill. However, supplier components in a bill of mate-rial, facility, and transportation assets used in supply models should more fully incorporate sustainability data.
From sourcing and bid evaluation to warehouse slotting and dynamic routing, AI tools support faster and more consistent outcomes by processing large volumes of operational data and identifying patterns that human decision-makers may overlook. Integration allows seamless transitions from data insights to purchase approvals and execution.
We have not designed the planning systems to serve managers, directors, and vice presidents, aiming to improve decision-making and collaboration across the source, make, and deliver processes. Using channel and trading partner signals build outside-in models and orchestrate decisions across source, make and deliver. So, What Is Value?
Secondly, why should shippers and logistics service providers consider using machine learning in their transportation management systems, and why now? Third, what are Oracle’s machine learning capabilities in transportation management? Oracle Transportation Management Machine Learning Capabilities.
Mike is the Head of Intermodal Solutions at SONAR, 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. At Stifel, he had primary coverage of the railroad, rail equipment, and truck equipment sectors.
This kind of disruption causes major dislocation in the sources of demand and shifts the centers of gravity for demand, forcing organizations to rethink their supply chain design. Even air transportation from the east is taking longer time as several carriers are avoiding Russian airspace and the conflict-torn region.
On top of that, some retailers are developing sustainability scorecards for items, allowing consumers to see hoe sustainably sourced and delivered their order is. When looking at energy transition in the supply chain, there are two big opportunities to look at: warehousing and transportation.
It might seem overwhelming, but supply chain is one of the first places you can make improvements, because every aspect—from manufacturing to transporting goods has a sustainability component. Cloud applications that manage your supply chain provide real-time access—a single source of truth no matter where you are.
We have all our factories, both in-house and outsourced, all of our distribution centers, and our transportation network on the Blue Yonder foundational system. We can run a plan simulation to maximize revenue, maximize shipments, maximize the customer experience, or minimize transportation costs.
The American Transportation Research Institute (ATRI) continues to rank driver shortages, driver retention, and the costs of extensive regulatory compliance on carrier operations as top concerns for carriers. Due to this awareness, freight sourcing is receiving increased interest from shippers. Ease of use is also essential.
They write, “This includes tackling bigger issues such as compliance, supplier relationship management, risk and disruption, responsible sourcing, and transparency. “AI allows you to integrate real-time data from various sources, helping you devise more efficient delivery routes and schedules.
True resiliency is achieved when supply chain leaders can predict issues and dynamically respond – from sourcing and manufacturing to final delivery – with agile solutions. Your supply chain should benefit from end-to-end supply chain visibility and execution solutions that work together in a coherent supply chain orchestration strategy.
He does not shy away from the unknown and is fully focused on evangelizing Farelanes approach for taking the obfuscation out of the transportation lane pricing chaos that exists today. He is intently focused on bringing real time fare solutions enabling all players success in the transportation industry.
Ryan is the Co-founder and CEO of GoodShip , an all-in-one platform for supply chain analytics, carrier management, and transportation procurement About Ryan Soskin Ryan Soskin is a 13 year logistics veteran and three time startup unicorn alum with a long history in freight tech. Ryan Soskin and Joe Lynch discuss insight to action.
Discover capability gaps and create sourcing events Seek and discover what capabilities the organization may be lacking, such as vulnerabilities or inefficiencies in transportation or supplier capacity. By identifying these gaps, you can create sourcing events to close them.
Earlier this month, an executive in our Indago supply chain research community submitted the following question: “We see the future of transport moving toward electric and autonomous vehicles.
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