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NIS 2 Has Deep Impacts on the SupplyChain, Not Just Plant Operations The manufacturing industry is undergoing a significant transformation as it grapples with the implications of the Network and Information Systems Directive 2 (NIS 2). This includes risk analysis, security of supplychains, and incident response capabilities.
Some parts of the supplychain are flashyglobal shipping lanes, robotics in mega-warehouses, AI-driven demand forecasts. Without it, your team is reacting instead of planningand in todays supplychain environment, reacting late can mean losing customers, not just money. Then theres drayage. Its not flashy.
If youve followed our blog over the years, youll know that weve shared lots of information about distribution network design, why its vital to get it right, how long it should take, the importance of reviewing the network every so often, and various elements of design such as determining the number of warehouses and where to locate them.
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. manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. What Is Agile Procurement?
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.
Home No More Black Swans: The Age of SupplyChain Uncertainty Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. Everything should be expected and planned for.
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.
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.
About Shawn Rasmor Shawn Rasmor is the Principal Product Manager at Truckstop, where he helps shape vision and strategy for RMIS and compliance solutions across the Truckstop ecosystem. Shawn has been with Truckstop for over 8 years, serving in various roles including integration product management and product strategy.
Hill provides valuable insights into the categorization of freight brokers based on their annual gross revenue, the challenges faced by mid-cap brokerages, and the increasing importance of supplychain professionals in corporate leadership roles. That’s where Brush Pass Research steps in to help you out with your prospecting game.
The virus continues to compromise supplychains and disrupt companies at a troubling rate, but a re businesses prepared from a supplychain planning perspective? . The era of globalization has enabled supplychains to be broader and more connected. First reaction s to the outbreak . questions.
Matrices are powerful mathematical tools that play a crucial role in supplychain management. In this blog, we’ll explore how they are used in various aspects of the supplychain, including transportation, inventory management, demand forecasting, and network optimization.
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.
This blog post will explore practical applications of AI in ecommerce and provide strategies for leveraging this technology to your advantage. SupplyChain Optimization: AI can analyze data to identify bottlenecks and inefficiencies in the supplychain, leading to improved logistics and reduced costs.
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!
What if you could accurately predict how your supplychain will perform in the future? Know how a strategy change will impact your service levels or costs? The post Use Simulation Planning to Predict Future SupplyChain Performance appeared first on Logistics Viewpoints: A Blog for Logistics, SupplyChain, and 3PL Executives.
This post highlights three strategic areas which many companies overlooked in 2017; strategy, security & interaction, and how to best achieve improvements in these areas. While many of these resolutions are weight, money or relationship related, for us in the supplychain industry, we have different priorities.
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.
High and increasing costs, in combination with long recovery times, have triggered many companies to reassess their customer service plus supply-chainstrategies and footprints to make them more resilient to any kind of disruption. Reducing risk in supplychains. Ensure supply-chain visibility.
By Ben Cubitt, Senior Vice President of Consulting and Engineering and Cindy Bosecker, Director of Procurement, Transplace There are three critical phases or elements of a truckload bid event – the upfront development of bid strategy, the execution of the bid, and the use of scenario management tools to drive final bid assignments.
Supplychain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. The most common complaint of newer companies using big data analytics capabilities tends to revolve around traditional questions of business strategy.
Procurement and SupplyChain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supplychain focuses on service and procurement focuses on the cost of acquiring materials and services.
A resilient and agile supplychainstrategy is not just a prudent choice—it’s a necessity, especially within the context of chemical supplychains. As such, the importance of investing in and outsourcing supplychain management becomes even more pronounced.
Interview with Lora Cecere, Founder and CEO of SupplyChain Insights and Author of SupplyChain Metrics that Matter ( published December 2014 ). Lora Cecere is the founder and CEO of the research firm SupplyChain Insights. She also writes a blog for Forbes and is a LinkedIn Influencer.
Due to increasing pressure from various stakeholders, many companies are turning their focus to ensuring that their supplychains are sustainable. What is a sustainable supplychain? Product design – use of appropriate materials; design the product for extended future use.
Any discussion on supplychain risk management and applying managed transportation to help prevent risks from coming to fruition is incomplete without touching on the pandemic to overcome supplychain disruption. Market Volatility Continues to Undermine SupplyChain Risk Management.
If you’ve followed our blog over the years, you’ll know that we’ve shared lots of information about distribution network design, why it’s vital to get it right, how long it should take, the importance of reviewing the network every so often, and various elements of design such as determining the number of warehouses and where to locate them.
How often do you think about your retail reverse logistics strategy? Unfortunately, many supplychain leaders continue to regard reverse logistics as an archaic process that’s best ignored and left to individual brick-and-mortar facilities for management. The Benefits of a Data-Driven Retail Reverse Logistics Strategy.
Behind the scenes, BT SupplyChain has been the backbone of the company’s operations for 30 years, making sure customers get the best experience. The supplychain division fulfills 40,000 individual customer orders every day, making sure that 32,000 engineers get the tools, parts and equipment they need to deliver support and services.
An ML model is the output generated when you train your ML algorithm with data Benefits of AI and ML in manufacturing ERP Maintenance, process control, productivity, and supplychain optimization are some of the common areas where AI and ML can make an impact on manufacturing ERP.
Supplychain disruption is a fact of life for every company that moves any type of product. Don’t expect to plan for every disruption; instead, develop a strategy to overcome supplychain disruption, regardless of the source. A resilient supplychain may be stretched to the max, but it doesn’t break.
We are really excited to get multiple mentions in Gartner’s Hype Cycle for SupplyChain Planning Technologies , which was released in October 2019. We feel like we’ve come a long way with our supplychain focus in recent years and SupplyChain Planning seems like ‘home sweet home,’ with all of our capabilities covered.
We continue our series on the most popular blog posts of 2014 in each of our main categories with our very first post of 2014 by featuring another area important to Cerasis and the industry: third party logistics. The Most Popular Blog Posts in the 3PL Category By Pageviews for 2014. Read the Full Blog Post.
With direct and indirect materials making up at least 50% of typical manufacturing costs, the procurement function could be re-imagined so companies can be more responsive to customer demands and more agile when dealing with supplychain challenges. The first stage of reimagining procurement is to look at sourcing strategies.
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.
We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, SupplyChain, Logistics, and Transportation Management. 2016 SupplyChain Trends: The First 7 of 12. What 2016 SupplyChain Trends to you expect to see?
As your business grows, you supplychain software will need to expand. No matter which direction you choose, supplychain software comes riddled with opportunities for confusion, demise, and incapability. 5 Pitfalls of SupplyChain Software Selection. #1: 1: Don’t Go For ERP Software First.
Note: Today’s post is part of our “ Editor’s Pick ” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supplychain and logistics topics. Read More at Quintiq Blog. In “ It’s the era of Industry 4.0.
Editor's Note: Todays blog is from Kristen Palmisano from The Center for Global Enterprise. In this blog, Kristen discusses how revenue growth is tied to digital supplychains. The Center for Global Enterprise releases new research suggesting revenue growth at the hand of improved digital supplychains.
Editor's Note: This guest contribution the Cerasis blog comes from our friends over at Fronetics an inbound and content marketing company who specializes in marketing for companies with a keen value adding business model for those in the supplychain and logistics industries. SupplyChain Planning Starts with Looking Back.
As part of our ongoing commitment to keep our blog readers updated on what’s happening in the supplychain and logistics world, we’re launching a regular industry news roundup, which we’ll release periodically. Increased near-shoring in Mexico and elsewhere as companies seek shorter supplychains.
So, you are thinking about a career in supplychain? While this article is intended as an evergreen resource, to help you navigate in your search for a supplychain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality.
What is a supplychainstrategy? A supplychainstrategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. It’s become vital for companies to have robust supplychain processes to overcome any supplychain disruption.
White Paper: Hidden Risks and Costs in an Offshore SupplyChain. In fact, our friends over at the Rodon Group, with whom we’ve started an ongoing blog collaboration, starting with this post and more to come, have written a White Paper entitled, “ Hidden Risks and Costs in an Offshore SupplyChain.”
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