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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.
It is crucial to assess the organization’s technological infrastructure, supplychain processes, and compliance frameworks to ensure they are aligned with DPP requirements. Its decentralized nature reduces the risk of a single point of failure, enhancing data security across the supplychain.
Harvard Business Review recently published an article, “ To Build Resilience, CEOs Need to Become Supply-Chain Experts ”. In this article, we wanted to discuss one aspect of supplychain that is often not given enough attention – building strategic relationships and shared value with direct spend suppliers.
The industrial sectorparticularly supplychain management, is facing unprecedented complexity. Lets delve into the core concepts of AI Agents and multi-agent workflows, their relevance to what ARC Advisory Group calls Industrial AI , and their potential to revolutionize supplychain management.
Find out what's essential to supplychain excellence. Vendors you can work with. Vendors recognized in the report. --> Gartner’s latest recommendations on tried and true capabilities. Research insights on new technologies.
Streamlining pre-shipping efforts creates efficiency and visibility In an IDC research survey, supplychain executives agree, “visibility, agility, supply diversification, and collaboration strategies” are the top responses for companies to mitigate supplychain risk from disruption.
Autonomous delivery vehicles (ADVs) are bringing significant changes to last-mile logistics, an essential component of the supplychain. Environmental Impact: Many autonomous delivery vehicles are battery powered, thus reducing emissions compared to traditional fuel-powered vehicles.
Jack Fiedler, the vice president for digital transformation of the global supplychain at Lenovo Lenovo is ranked tenth by one leading analyst firm among a list of global companies with exceptional supplychains. We run one of the few truly hybrid supplychain networks. That has worked out well for us.
When one thinks of supplychain software vendors, the name InterSystems may not spring to mind. A supplychain data fabric can help companies augment their supplychain processes. They aim to achieve the same success in supplychain management that they have achieved in the healthcare sector.
Speaker: Adam Robinson, Director of Marketing, Cerasis
We’ll address how automation in the supplychain will provide employees with the following: More Strategic Procurement. Improved Supplier/Vendor Management (Automated buying on an e-commerce website for repeat orders, automated freight pickups for inbound delivery, automated tracking alerts).
The adoption of AI in supplychain automation is enabling companies to make more accurate decisions, reduce cycle times, and better manage complexity. AI in supplychain automation is gradually reshaping how core functions operate, particularly in procurement, warehousing, and logistics.
Supplychain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.
Consider this your business suddenly faces a major supplychain disruption. But the truth is, a fragile supplychain can make or break your companys success in today’s world. But the truth is, a fragile supplychain can make or break your companys success in today’s world.
Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for SupplyChains. Feature Article by Dr. Raymon Krishnan – President at the Logistics and SupplyChain Management Society. Any of these creative ways to reduce tariffs payable by companies should be used carefully.
Supplychains, which facilitate the movement of products from manufacturers to consumers, have historically encountered issues such as inefficiency, fraud, and a lack of transparency. ERP & SCM Systems (2000s2015): Centralized ERP suites (e.g.,
QKS Group , a global advisory and research firm, evaluates vendors for its SPARK Matrix™ based on two key criteria: technology excellence and customer impact. The QKS Group SPARK Matrix™ offers an in-depth analysis of global market dynamics, major trends, vendor landscapes, and competitive positioning.
Read on to explore key AI use cases in procurement, the challenges businesses face, strategies to overcome them, and the exciting opportunities AI brings for the future. What sets AI apart is its ability to factor in external influences, like market shifts, supplychain disruptions, or geopolitical risks.
In addition, the holiday shopping period between Thanksgiving and Christmas this year is 26 days—five days shorter than in 2023—potentially creating additional headaches for online vendors and their delivery partners attempting to fulfill a greater volume of orders in less time.
What is Vendor Relationship Management (VRM) and Why It’s Essential for Your ERP and Inventory Software? Strong vendor relationships are critical for business success, especially when it comes to managing inventory and procurement. Why is Vendor Relationship Management Important?
Insights from Gartner’s Hype Cycle for SupplyChainStrategy, 2020. Supplychain professionals know it can be extremely challenging to drive day-to-day operational excellence and pursue innovation at the same time. Gartner’s Hype Cycle for SupplyChainStrategy, 2020 offers some guidance.
Ever feel like your supplychain is a tangled mess of spreadsheets, frantic phone calls, and last-minute scrambles? It’s the key to transforming your supplychain from a source of frustration into a well-oiled, profit-generating machine. You’re not alone. That’s where data analytics comes in.
Meanwhile, Blue Yonder , a company more narrowly focused on providing best-of-breed supplychain applications, had system integration revenues of over 35% of sales in TMS according to the ARC “SupplyChain Planning Global Market Research Study.”. Becoming Partner Centric is Not Easy. The transition is not easy.
Per $1 billion in company revenues, no supplychain application has a better return on investment (ROI) than network design! The larger the supplychain, the bigger the payout. This supplychain spanned across 24 nations. Further, these projects are not for the faint of heart. These were the easy savings.
Infor’s CEO, Kevin Samuelson Infor’s strategy for differentiating their business from competitors like SAP and Oracle rests on a truly differentiated approach to ensuring that their customers get ongoing value from the business applications they purchase. Infor, with anticipated revenues of $3.4 Infor, with anticipated revenues of $3.4
I find that most companies’ understanding of supplychain planning is immature, and that next week, at the Gartner SupplyChain Summit in Orlando, that many will don their Mickey ears to discuss what I consider outdated supplychain planning models. Buying supplychain planning software is hard.
These benefits aren’t just about lower prices; they’re also about reducing transportation and inventory costs, which can really add up over time. For example, if a department orders the same items as another one, you’ll know right away and can avoid duplicate orders or negotiate bulk discounts with one preferred vendor.
BOSTON – August 3, 2023 – ToolsGroup, a global leader in retail and supplychain planning and optimization software, is proud to announce it has been named among ten Notable Vendors included in Gartner’s Midmarket Context: Magic Quadrant for SupplyChain Planning Solutions (July 2023). All rights reserved.
Rising costs, supplychain chaos, and economic swings put businesses under enormous pressure to protect their margins. That’s why organizations zero in on strategies to achieve procurement cost reduction. It cuts costs yet helps maintain product quality and smooth operations.
All supplychainvendors seek to position themselves as leaders in supplychain AI. AWS , Google , and Microsoft are also investing heavily in custom AI chips to reduce their dependence on NVIDIA and optimize performance and cost. Collin Masson, Director of Research at ARC Advisory Group.
The global supplychain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global SupplyChain Pressure Index fell to the lowest level since November 2008. Over the past three years, supplychain cycles shifted.
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.
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.
I have been to other vendors’ procurement conferences and cannot recall seeing similar functionality. SAP’s Business Network is a supplychain collaboration network. The transactions are captured in the platform, eliminating “he said, she said” type arguments.
What are Common SupplyChain Pain Points Distributors Can’t Ignore? Managing a distribution supplychain can feel like a constant battle. In this article, we’ll break down the most pressing challenges and discuss how distributors can overcome them with the right strategies and technology.
This disconnect between AIs potential and real-world adoption presents a significant opportunity for companies to gain a competitive edge, especially in supplychain management where uncertainty is the norm. However, its important to recognize that AI and machine learning are not magic fixes for supplychain challenges.
Lucas Systems Offers Warehouse Optimization Warehouse management systems, once known as supplychain execution systems, have evolved significantly. The worker can confirm the location by speaking it, eliminating the need for an RF scan. So, should I (a worker) take this cut through here? Should I double back here?”
Much has been written about what it takes to run a successful supplychain in the era of “get it to me fast and get it to me cheap.” Supplychain professionals are looking for ways to store goods closer to customers by investing in micro fulfillment centers and to optimize their facilities so orders can be processed faster.
Atlanta, GA – November 21, 2024 – Logility SupplyChain Solutions, Inc. Logility ) ( NASDAQ: LGTY ), a leader in AI-first supplychain planning software, today reported its second quarter fiscal year 2025 financial results. announced its rebranding to Logility SupplyChain Solutions, Inc.,
BOSTON February 3, 2025 ToolsGroup , a global leader in supplychain planning and retail optimization software, today announced it has been positioned as a Leader in the IDC MarketScape: Worldwide SupplyChain Planning for Spare Parts/MRO Industries 2024 Vendor Assessment (Doc ID #US51541424, December 2024).
Many large enterprises use one form or another of a supplychain application to help manage their supplychains. Supplychainvendors have been touting their investments in artificial intelligence (AI) for the last several years. AI can refer to several different types of math.
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supplychain insights and advice. This article is from Descartes Systems Group and looks at how companies can reduce lead times with real-time data. What is lead time? First, let’s define lead time.
Supplychains are the backbone of global trade that ensure the smooth movement of goods and materials across industries. One of the most effective strategies for building resilience is integrating project management into supplychain operations. Enhance visibility across the supplychain through structured reports.
Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supplychain insights and advice. This article is from Can Buyuk at Solvoyo and examines the benefits of vendor collaboration. How would a business know which one to choose?
The SVP of SupplyChain at Walmart speaking at Blue Yonder’s virtual user conference. Following their fourth quarter results, top executives talked about their supplychain and omnichannel strategy at a high level. Mr. Guggina talked about how Walmart is approaching their supplychain transformation.
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