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Some parts of the supplychain are flashyglobal shipping lanes, robotics in mega-warehouses, AI-driven demand forecasts. Theyre managed by different vendors, run on different systems, and operate with different priorities. Together, they create a system thats greater than the sum of its parts. Then theres drayage.
Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. As the logistics technology sector continues to mature, the number of tools, solutions and platforms that supplychain stakeholders are using (juggling?) are growing too.
As more consumers and businesses move to online platforms for purchases, the shipping industry must adapt to new demands. This shift in how goods are ordered, packed and delivered has reshaped not only the way LTL shipping operates but also how it integrates with broader supplychains and customer expectations.
How Hurricanes Cause a Ripple Effect in Global SupplyChains The damage from hurricanes extends far beyond the ports themselves. Global supplychains are intricately connected, and even a small delay in ocean freight shipments can cascade into significant disruptions worldwide. companies but global operations.
“May you live in interesting times,” widely attributed as a Chinese curse, some claim this as a blessing; whichever side you take, this is exactly what’s happening in the supplychain world since 2020, and it looks like we will be living with this blessing/curse for a while longer. Emerging Themes for SupplyChainPlanning.
Blockchain technology is a major disruptor in the supplychain. It stands to change the game as we know it by giving companies a better way to ensure traceability throughout vast supplychain networks. In order to properly disrupt the supplychain of today, you need to know everything there is to know about it.
In today’s competitive ecommerce landscape, a streamlined supplychain is crucial for success. A well-optimized supplychain can help you reduce costs, improve delivery times, and enhance customer satisfaction. This blog post will explore key strategies for streamlining your supplychain from sourcing to delivery.
Image source: Pexels | 7 Cost-Saving Tips Every SupplyChain Manager Should Know Managing costs effectively is crucial for success in the competitive supplychain world. Here are seven proven strategies every supplychain manager should explore to streamline operations, boost efficiency, and drive profitability.
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!
They talk about the growing popularity of podcasts in the logistics industry and how podcasting can be a helpful tool for professionals to stay up-to-date on industry trends and insights. Blythe is the Founder of Digital Dispatch and the Host of Cyberly, an influential podcast on the Freightwaves platform.
As a supplychain executive, picture beginning your day with a cup of coffee when a news alert notifies you of newly imposed tariffs affecting your primary suppliers in China. Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos. Companies leaning heavily on global sourcing?
Matrices are powerful mathematical tools that play a crucial role in supplychain management. They help businesses organize and analyze data, leading to better decision-making and improved efficiency. Network Design Supplychains often involve complex networks of suppliers, manufacturers, and distributors.
When it comes to selecting software for the enterprise, decision-makers must choose between multiple solutions. This may include choosing software for managing the enterprise (an ERP system), for supplychain management (SCM) or for customer relationship management (CRM). What is ERP? What does an ERP offer?
Manufacturers rely on data and their ERP platform to answer critical questions: What are our inventory levels? After all, data is the foundation of digital transformation, and according to McKinsey the pandemic caused companies to accelerate their digital transformation plans by three to four years.
With the added challenges of increasingly complex supplychains and evolving regulations, food and beverage manufacturers are grappling with a range of challenges that are unique to their industry. When assessing ERP systems, its important to evaluate more than just general software capabilities and prices.
Global supplychains are growing and transcending traditional borders. As businesses continue to expand, outsource, and enter new markets, supplychains will continue to increase in complexity. Unfortunately, this is rarely the case, and the issue of supplychain fragmentation is only becoming more and more prevalent.
Original article: PODCAST: Modern Courier Delivery Compliance Considerations: Understanding SOX and SOC Compliance Logistics and supplychain are some of the world’s most complex and regulated industries, which has been further compounded by increasing reliance on data and technology in both fields. must comply with SOX.
What is SupplyChain? Supplychain is essentially the entire behind-the-scenes network that links a product from its point of origination to its final destination. Supplychains are often very complex as they encompass all vendors, warehouses, retailers, and so on that bring a product to life and then to a customer.
The pandemic was a wake-up call for many industries, exposing vulnerabilities in global supplychains and highlighting the need for greater supplychain resilience and adaptability. By spreading your risk, you can better navigate unexpected challenges and maintain continuity in your supplychain.
While the pandemic was undoubtedly the catalyst for recent supplychain disruptions it’s not the only cause. Longstanding weaknesses in the supplychain like port infrastructure, outdated supplychain strategies and impacts of natural disaster and wars have all further affected global supplychains.
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.
How to Elevate Your Logistics Operations with AI & ML Technology Global supplychain organizations are embracing digitization to propel their supplychainplanning to new heights. What is SupplyChainPlanning? Data informs transportation capacity and rates.
It can be a direct reflection of current market trends, as many publicly traded companies operate within the global supplychain. In an era where resilience and adaptability are key to survival, technology has become the bedrock upon which supplychain professionals build their strategies. The answer lies in data.
The supplychain management uncertainty in the post-COVID world shows no signs of letting up. With current conditions, it looks like there may never be a return to the pre-pandemic era of supplychain stability. How SupplyChain Management is changing. Benefits of a SupplyChain Management solution.
And how does technology change the way products are shipped? You’ve come to the right place if you’ve been wondering how to integrate modern technology into your business and what tools you’ll need. Automation in logistics is like putting technology to do the heavy lifting, reducing errors and saving time.
The best supplychain teams invest in technology as part of their continuous holistic operational improvements, not simply in reaction to temporary crises. Retailers, manufacturers and suppliers were caught off guard by supplychain congestion, unreliable suppliers and unpredictable demand during the COVID-19 pandemic.
Advances in automation, sensors, analytics, and other technologies have made significant changes in manufacturing. A modern manufacturing ERP system will make use of these technologies so that their benefits can be realized. An ERP system enables performance in areas that are key to manufacturing success.
Promotion Management is defined as optimizing the utilization of tools, strategies, and resources to promote a product that will generate additional demand. Why should we consider Promotion Planning in Inventory Management? The solution lies where every good solution lies nowadays: Data, Machine Learning & Artificial Intelligence.
This moment goes beyond analysis and reflection; it is the right opportunity to redefine strategies and outline new plans that not only drive results but also guarantee a prominent place in the market. Every year, new approaches and technology emerge, and those who fail to adapt risk falling behind.
Heavy research and development investments are being made in supplychain solutions. These investments occur at the application layer, in technologies that will speed up implementations, and at the platform level. Much of that investment is at the platform level. Microservices have several advantages.
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 supplychain design.
Love it or fear it, Artificial Intelligence appears to be the new normal in everything, including supplychain and logistics operations. From improved customer experience to greater inventory planning and forecasting, AI promises to make all of our lives easier and reduce those all-too-common supplychain headaches.
As data becomes a critical resource in modern organizations, business users are clamoring for tools to ease access to data for reporting and dashboards. EA plugs data in the form of reports, dashboards and data visualizations into applications, putting the information where it will get used.
One such decision might be to implement a new ERP system or even upgrade your existing one and investigate what value it will offer. Technology is ever-evolving, and companies need to stay on top of these changes. Enterprise Resource Planning (ERP) systems are designed to simplify business operations and remove complexities.
In the complex world of supplychain management, the pursuit of efficiency and effectiveness is unending. Collaborative Planning, Forecasting, and Replenishment (CPFR) is a strategy that has revolutionized this space, offering a systematic approach to reducing supplychain inefficiencies. What is CPFR?
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 has also emphasized how fragile supplychains really are. How do you ensure delivery if once reliable supplychains break? The adoption of digital strategies is a major feature of new strategies that manufacturers are planning. How ERP can support the value chain. The pandemic has caused a supply shock.
Drayage planning is essential for global retail shipping supply lines and deals primarily with ocean imports. This is also known as first-mile shipping and planning protocol. As explained by SupplyChain Game Changer , “Drayage services are more essential than ever.
The manufacturing industry is currently undergoing a rapid digital transformation, and as a result, companies are generating vast amounts of data. Unfortunately, without proper processing and analysis, this data is of little use to the organization. This can lead to improved quality, reduced waste, and optimized production processes.
Given that we are in the age of AI/ML, I often think of how the small deli where I worked was a perfect training ground for applying AI/ML in fresh supplychainplanning. In this blog, I will discuss the use of AI/ML demand planning for fresh products to help maximize sales and reduce waste.
Global supplychains were starting to recover from two years of upheaval caused by the pandemic when the military crisis hit. The further disruption caused by Russia’s invasion of Ukraine could cause major disruptions to the global supplychain and impact South Africa. Supplychain challenges.
In late 2023, Descartes conducted a survey of 1,000 supplychain and logistics decision-makers across North America and Europe across three sectors: manufacturing, distribution and retail; carriers; and logistics services providers. The study also provided insight into what companies are doing to address it.
The COVID-19 pandemic has exposed many risks and uncertainties in supplychain networks. Materials shortages , demand fluctuations and plan t closures have led many organizations to revisit their supplier relationships, as well as distribution and production locations. Read on for common use cases. . Stay tuned! .
Integrated Business Planning (IBP), as defined by its creators at Oliver Wight , is “the business planning process that extends the principles of S&OP throughout the end-to-end supplychain, product, service and customer portfolios, customer demand and strategic planning, to deliver one seamless management process.”
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