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SupplyChain & Logistics News (October 28th – 31st) A day late but, Happy Halloween! This is nearly double the amount from a decade ago and it seems to be in line with the trend of Halloween gaining popularity in the last few years with the help of social media. billion dollars on Halloween candy this year.
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.
Supplychain automation refers to the tools and technologies we can use to make manual tasks automated, reducing the need for human workers. It’s sometimes misunderstood, but it’s actually integrated into almost all supplychains nowadays in av ariety of different ways. What is SupplyChain Automation?
Supplychain resiliency and sustainability are top priorities for CEOs today. To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supplychains to collaborative supply networks and actively design their supplychains.
Adam has built memorable growth stories for numerous companies throughout the supplychain, healthcare, and technology industries, and is a leading mind for growth and marketing in the B2B space. They also offer supplychain and logistics services specifically tailored to the trucking industry.
Industry Applications: The platform is designed to handle tasks such as answering inquiries, managing customer interactions, and scheduling, thereby improving efficiency in sectors like logistics, debt collection, retail, medical insurance, and media publications. Scalability and Efficiency: By automating routine communications, CloneOps.ai
3 min read Log-hub launches SupplyChain Analytics Pulse, a completely free-of-charge channel designed to empower supplychain professionals with cutting-edge knowledge and strategies. What is SupplyChain Analytics Pulse? ” Why Choose SupplyChain Analytics Pulse?
Now more than ever, organizations must prepare their supplychain for the present and the unknown challenges and opportunities in the future. Integrating external factors like consumer price indexes, GDP trends, climate change, and others into the forecast can improve signaling for supplychaindesign.
Intro to 2020 SupplyChain Management Trends. Throughout the last decade, the main trends were digitization and globalization. Supplychains have lengthened and extended across borders, bringing a whole new host of opportunities and challenges. 2020 supplychain management trends will further these shifts.
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.
In our previous blog, we explored how matrices enhance supplychain efficiency, from inventory management to logistics. This post dives into advanced applications of matrices, showing how AI, machine learning, and automation are transforming supplychains. Now, were taking it a step further. In case you missed it!
In recent years, the world has witnessed a significant shift towards sustainability and environmental consciousness in various industries, and the e-commerce supplychain is no exception. Current SupplyChainTrends in Green E-commerce 1. The Green E-commerce Future 1.
Every supplychain has a central purpose, regardless of size or industry: getting materials from their point of origin to the place they’re needed as quickly and inexpensively as possible. Designing a supplychain to accomplish that task isn’t as straightforward as it seems, especially when technology is involved.
In today’s fast-paced e-commerce landscape, last-mile delivery has emerged as a critical component of the supplychain. In this article, we will explore these last-mile delivery optimization strategies and the role of route optimization software as we look ahead to industry trends shaping the future of delivery in 2025.
Shortages of products from toilet paper to microchips during the coronavirus pandemic highlighted the value of supplychain resiliency, and the opportunities for companies that aren’t as prepared as they would like. By contrast, supplychains that are too lean may not have enough flexibility and redundancy to survive unscathed.
It’s that time when idle chatter at the office Christmas lunch turns to debating what next year will bring, especially among logistics and supplychain professionals, for whom it seems every New Year brings new challenges, trends, and disruptive innovations. The 7 Trends for SupplyChain Pros to Watch in 2018.
Supplychain resilience is a hot topic the last few years since post-Covid issues and newsworthy incidents like the Houthi attacks in the red sea have raised awareness. The bridge collapse is a stark reminder of the vulnerability of the nation’s aging infrastructure and the importance of supplychain resilience.
When it comes to supplychaindesign, we’re at another inflection point in the industry. The first one arrived a few years ago when a growing number of companies started treating supplychaindesign as a continuous business process instead of a standalone project or a once-a-year exercise.
Many large enterprises use one form or another of a supplychain application to help manage their supplychains. Supplychain vendors have been touting their investments in artificial intelligence (AI) for the last several years. AI can refer to several different types of math.
The marijuana supplychain is an interesting market to follow. Like any agricultural product, there are ebbs and flows to its supply and demand. However, from a purely supplychain standpoint, the marijuana market strikes a similar delicate balance to other perishables.
Modern supplychains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. Meanwhile, cloud technology enables companies to expand infrastructure without significant investment or use of resources, reports AXIT of SupplyChain 24/7.
The outsourcing of Logistics services continues to be a growing trend, and can encompass a very broad range of services. Research has shown that up to 80% of SupplyChain costs may be locked in at the design stage of the SupplyChain. So reducing costs post implementation can be very difficult.
Image Source: Pexels | Exploring Top 10 Logistics Trends for 2023 and Beyond The adoption of new technology will modernize your company, ensure strong competitive advantages, and make jobs that before looked difficult efficient and productive. Image Source: Pexels | Exploring Top 10 Logistics Trends for 2023 and Beyond 6.
The marijuana supplychain is an interesting market to follow. Like any agricultural product, there are ebbs and flows to its supply and demand. However, from a purely supplychain standpoint, the marijuana market strikes a similar delicate balance to other perishables.
Manufacturers and distributors experienced huge supplychain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supplychain leaders globally. In fact, SYSPRO research revealed that 60% of businesses were impacted by supplychain disruptions during the pandemic.
Ask manufacturing leaders what changes they plan to make in the next three years in the wake of the coronavirus pandemic, and they will likely say their use of technology will deepen as more and more players in their supplychains come to rely on digital connections for daily interactions. Talent gaps: ? Changing consumer attitudes:?
I’ve noticed a trend in recent years in that when businesses want to check their distribution networks or design a distribution network , they immediately jump into loads and loads of detail. Four Ways to Streamline Your Network Design. Four Ways to Streamline Your Network Design. Specialist Tools.
Supplychain protocols worldwide are being transformed. External pressures, technology trends and internal evolution are prompting companies to reevaluate their network to determine how their future supplychain should be structured, both in terms of capacity and capabilities.
Mobile Technology in Transportation Management Impacts all Points Along the SupplyChain. Bridget McCrea, writing in “Logistics Management,” identifies 8 trends that are currently impacting the industry: Wireless now accommodates a sharper focus on efficiency and transparency. But, it’s not going to stop there.
The Hackett Group provides a useful visual for describing the maturity stages that supplychain is moving through as the industry strives to leverage data and advanced analytics. SupplyChain Analytics Maturity Model (Source: Hackett Group). Supplychain leaders are wanting their organizations to be data-driven.
The SupplyChain Manager’s Multi-function Display. By now, you are probably wondering what airliners have to do with supplychain KPIs. You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supplychain organisation.
These include hybrid and electric ships, advanced propulsion systems, and more efficient hull designs. We anticipate that as prices come down for cleaner technologies, more companies will start looking at implementing changes in the supplychain beginning this year. That trend will continue throughout the year.
Relying on the traditional system set up and design for supplychain management systems is becoming increasingly difficult. That’s where supplychain data analytics comes into play. What Are SupplyChain Data Analytics and Why Are SupplyChain Leaders Looking to Them.
How to Elevate Your Logistics Operations with AI & ML Technology Global supplychain organizations are embracing digitization to propel their supplychain planning to new heights. What is SupplyChain Planning? Data informs transportation capacity and rates.
Reverse logistics, while not being the opposite of forward logistics, is still about products moving backwards in the supplychain. However, remember that products or subassemblies that never made it out of the factory may need to travel backwards one or more stages along the supplychain. Forecast demand better.
Imagine you’re an executive of a large international business who has just discovered an excellent opportunity of entering a new exciting market just in time when your product design team has developed a perfect product for that market. Do you think that your supplychain management is good enough for this market?
Who would have thought that measuring the performance of supplychain processes like warehousing, procurement, or logistics could be so troublesome? Well, we know a few supplychain managers who, having made some of the mistakes covered by this article, would attest to the potential for difficulty.
Despite all challenges, the supplychain industry is on the cusp of new dawn due to artificial intelligence (AI). Currently, only about 12% of all supplychain professionals are using artificial intelligence for operational purposes. Logistics and supplychains fall in this category.
The supplychain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. ABC/XYZ analysis can help identify the most valuable items to your business.
The supplychain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. Supplychain issues. Increased supplychain visibility.
Like any industry, in SupplyChain and Logistics we have a lot of Acronyms and Abbreviations. 4PL 4th Party Logistics – A step beyond 3PL, 4PL providers manage the entire supplychain for a client. APS Advanced Planning Systems – Software tools that use complex algorithms to optimize supplychain planning.
Improving predictability in outcomes is valuable, but ensuring your supplychain is nimble enough to act on the data is even more so. With demand forecasting being complex, it is easy to lose supplychain visibility. The presence of data throughout the supplychain is vital to its evolution.
March 25, 2020 National emergencies and crises like COVID-19 rely on supplychains to deliver groceries and medical supplies to communities across the globe, but they also have a demonstrable disruptive effect. How do you prepare your supplychain for events that you can’t forecast?
Supplychain technology is a difficult, exhilarating topic to cover in detail. Supplychain managers will focus on several key supplychain technology implementations or considerations which will impact consumer spending habits, consumer-business interactions and performance measurement.
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