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Executives at Blue Yonder refer to this as a “cliff event.” To avoid a cliff event, Blue Yonder has proceeded by turning its supply chain applications into applications that are part traditional software code and part microservices. Microservices also open new sales opportunities.
Prior to joining Google Cloud in 2020, Paula spent 23 years with Blue Yonder (formerly known as JDA Software) where she served in leadership roles in professional services and the product management organization, building and deploying supply chain solutions used by hundreds of customers worldwide. Manufacturing Data Engine and Connect.
His commitment to “doing business the right way” led him to launch Linkage Logistics in March of 2020. He is also the driving force behind the Broker-Carrier Summit, a semiannual event focused on creating closer cooperation between freight brokers and trucking companies. The Greenscreens.ai
This article by Morai Logistics runs down 4 of the most noteworthy supply chain technology trends to watch out for in 2020. However, it’s in 2020 where it’s set to finally start seeing wider adoption. They’ll be able to manage and transfer data at rates far greater than before.
To say that the pandemic made 2020 a very challenging year would be a gross understatement. Because of this architecture, E2open can access, aggregate, and anonymize the data across their customer base. These extreme error events “are the supply chain equivalent of the highway washout or bridge closure.” 2020 was different.
Increasing supply chain data visibility is a priority for logistics organizations looking to improve resilience. Supply chain recovery hinges on incorporating robust data analytics and other data-driven tools into business operations to increase efficiency, reduce costs and proactively manage risk.
Overdrive's latest CSA's Data Trail update, bringing in 2020data: States ranked high for inspection intensity show high likelihood of inspecting a truck in normal times, as well as during the May 4-6 Roadcheck event.
PAXAFE predicts adverse events through the supply chain to de-risk B2B shipments and enable intelligent cargo insurance. CONTXT enables shippers, 3PLs / carriers and insurance providers the ability to intercept at-risk shipments, automate claim diagnosis and root cause analysis, and improve loss ratios via improved underwriting.
With two more major shipping leaders actively sharing information, data on nearly half of the world’s ocean container cargo is now available on a single blockchain-based data platform. billion events and roughly 13 million published documents. Moller – Maersk ( MAERSKb.CO ).
If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supply chain resiliency test. Your organization’s ability to anticipate disruption, adapt to events, and build resiliency is rooted in how you maintain operational continuity.
When the pandemic started in 2020, no one could foresee the impacts of the global supply chain disturbances would last this long. We can say things have changed, and the pandemic is not just an anomaly event after all. Data cleansing and data robustness. Network cost modeling. Automated forecasting processes.
At that time, I wrote about the COVID pandemic, and how similar events occur that elevate the uncertainty of the market. These events make accurate forecasting very difficult. Review of Prior Impactful Events. Well, here we are just two years later in another highly unusual market context. Final Word.
March 25, 2020 National emergencies and crises like COVID-19 rely on supply chains to deliver groceries and medical supplies to communities across the globe, but they also have a demonstrable disruptive effect. How do you prepare your supply chain for events that you can’t forecast? What SKUs sell out the fastest in that region?
Prior to 2020, they were paying around ten cents a mask. During 2020, Cooper was paying up to a $1.50 2020 it was just a scramble for PPE,” Dr. Runkle explained. “We Buying organizations use this technology to monitor and analyze supplier risk events in real-time. We had to go off contract and find our own.
Geopolitical events. Prior to 2020, every supply chain in the world was challenged by increasing levels of demand unpredictability and market volatility. In fact, IT spend as a percent of business capex crossed over the prior ~10 year average in 2019 and we see that trend extending in early 2020.”. Natural disasters.
Weather events might also be factors. Above-average holiday shipping seasons in 2020 and 2021 led to an above-average returns rate in the usual Quiet Season. Today, the shipping peak season is still a march toward the holidays, but that march is now at a breakneck pace and subject to massive volatility. Q2: The Produce Shipping Season.
Such an event has constrained the meat supply chain more than ever, sparking fears of massive food shortages, and it comes mere weeks after the other major cyberattack to strike the US—halting the operation of the Colonial Pipeline. The typical cyberattack and subsequent data breach cost was $3.86 million in 2020.
Fewer organizations achieved their business goals in 2023 than in any recent year, aside from 2020. Having visibility across the entire supply chain can help leaders anticipate and mitigate some risks and make quicker, data-driven decisions in the face of uncertainty. This is an important time for the supply chain profession.
That processing event determines when the goods need to be delivered to the next stop. Masters joined the company in August of 2020, the company had three business units each using its own carriers. It was quickly determined that a procurement event was necessary just to set a baseline. An RFP is a data intensive exercise.
Solace , a leader in powering real-time event-driven enterprises, has announced the results of an industry-first survey on event-driven architecture (EDA), shedding light on how organisations are striving to incorporate real-time data and event-driven architecture into their IT landscape.
Planned Events for Managing Forward Orders. A planned event is when your customer has a planned event where the future demand is known; for example scheduled repairs and maintenance. This gives you a number of benefits: Planned events, such as scheduled repairs and maintenance, can take place as planned. Outlook for 2020.
Data as recent as the end of June 2021 show that inventories remain below 1.3 In a subsequent Whitehouse.gov blog post, titled ” Historical Parallels to Today’s Inflationary Episode ” the authors’ conclusion stated, “ No single historical episode is a perfect template for current events. percent increase from July of 2020.
Bouncing back more quickly, said experts, will require supply chain managers to turn to new ways of managing the supply chain, including using Internet of Things (IoT) data, analytics and machine learning (ML). An AI system needs to be fed data sets to learn how to behave and react. And again, data quality is a huge concern. “The
If 2020 and if 2021 proved anything, it’s that the omni-channel selling environment is here to stay. But, as we know, supply chain conditions were far from perfect in 2020 and 2021. As just one example, Nike’s online sales grew by 75% in 2020 — but its profit margins fell from 45.5%
Plus, extreme weather events and changing storm patterns challenge seafaring vessels. as of January 1, 2020 [3]. A data capture facility scores the vessel on a variety of different measures, including environmental factors. Marine optimization process technology provides end-to-end visibility and data capture.
These advanced solutions support real-time monitoring and the ingestion of incredible volumes of real-time supply chain data, which allows logistics teams and other stakeholders to see disruptions at the earliest possible opportunity. Across 65 countries, Bayer Crop Science is standardizing its processes and adopting best practices.
Prior to Via , Israel was the CEO and co-founder of Fleetonomy, an intelligent logistics and fleet management software company that was acquired by Via in 2020. The grocer loses a valuable interaction with the customer and may even lose customer data. Israel received his B.Sc. in System Engineering from The Technion.
In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.
Planning applications don’t work well if the master data they rely on is not accurate; this is known as the “garbage in, garbage out” problem. Artificial intelligence is beginning to be used to update the data. Lead times, for example, are a critical form of master data for planning purposes.
We’re excited to share that our latest industry white paper, “ The Role of Blockchain in Navigating Black Swan Supply Chain Events ,” is live! This white paper focuses on how blockchain can strengthen global supply chains to ensure that they are more resilient in the event of future unforeseen threats. .
With all the disruptions in the supply chain since 2020, the last mile has been in a constant state of flux. OneRail showcased its final-mile solution during a Monday demo session at FreightWaves’ Future of Supply Chain event. We took an API-first approach because the fluidity of the data has to be there. It can’t be manual.
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in cargo tonne kilometers (CTKs), decreased by 3.3% in January 2020, compared to the same period in 2019. There was optimism that an easing of US-China trade tensions would give the sector a boost in 2020.
These major weather events affect transportation markets in the days leading up to the event and following the events in different ways. Major weather events hamper transportation markets from both the demand and supply sides of the market. The demand side of the market is an easier impact to understand.
As supply chains become more impacted by market disruptions and unpredictable events, they’re also becoming more critical to a company’s customer experience levels and bottom line. Creating a data-driven supply chain tracking important transportation metrics helps shippers respond and adapt as quickly as possible to known and unknown events.
Let’s look at some of its real-world uses in 2020 across the public and private sectors to see which prominent players have embraced blockchain, to what end, and what kind of inroads it’s making into the supply chain environment. So how well is blockchain living up to commercial and organizational expectations?
As an example, from data taken from the ATRI report, in 2020 a small fleet of fewer than 20 trucks would have paid about three times as much as a large fleet with more than 1,000 trucks. Just don’t be too quick to make changes, leaving yourself open to some unexpected future event that could end up costing you more.
,, The 3PL Value Creation North America Summit 2020 is a distinct strategic event where C-level 3PL executives, investment community leaders, and technology innovators virtually network to assess the current and future outlook of the third-party logistics market and explore strategies for value creation.
,, The 3PL Value Creation North America Summit 2020 is a distinct strategic event where C-level 3PL executives, investment community leaders, and technology innovators virtually network to assess the current and future outlook of the third-party logistics market and explore strategies for value creation.
,, The 3PL Value Creation North America Summit 2020 is a distinct strategic event where C-level 3PL executives, investment community leaders, and technology innovators virtually network to assess the current and future outlook of the third-party logistics market and explore strategies for value creation.
Change can creep imperceptibly, so sometimes it takes a major event to wake us up. Biopharmaceutical company Ipsen avoided any stockouts in 2020, in spite of up to 70% demand spikes, transportation constraints, and temporary factory shutdowns. JIT isn’t the main problem, and JIC isn’t a solution.
Shipping businesses gather a great deal of data each time they deal with a supplier or customer. Often, the data collected merely sits unused. Analytics tools, however, can help businesses analyze the data that they have for actionable insights. One in two small businesses deal with some form of data breach each year.
Over the course of four days from November 9-12, 2020, we’ll be bringing you all of the things you love about WorkWave User Conference, from value-added training and thought leadership roundtable sessions to captivating speakers and exciting contests. So don’t delay—register for WorkWave User Conference 2020 today !
In the past, this kind of ESG legislation was focused on “a specific risk domain, like child/forced labor like the 2020 Uyghur Forced Labor Act. In addition to assessing vendor compliance via third party data feeds, Coupa gives companies the ability to undertake due diligence on their N-tier supply chain via tailored detailed questionnaires.
With the havoc 2020 caused, can shipping trends get any worse? Yet they can be prepared for these transformative events; ready in such a way that they can even thrive on anomalies in a way that the competition will struggle to keep up with.” But with the wave that was 2020, 2021 could show an exciting scenario for those applying.
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