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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.
Blythe is t he Founder of both Digital Dispatch (logistics marketing services) and most recently CargoRex, a technology platform designed to unify and empower the logistics ecosystem. Blythe Milligan and Joe Lynch discuss CargoRex: building the Google search of logistics.
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.
The COVID-19 pandemic has exposed many risks and uncertainties in supplychain networks. How are companies leveraging scenario modeling for network design and optimization ? Current Technologies in Use for SupplyChain Network Design . Read on for common use cases. .
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.
Insights from Gartner’s Hype Cycle for SupplyChain Strategy, 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 SupplyChain Strategy, 2020 offers some guidance. Network Design.
You have tough decisions to make about your supplychain network design. About 38% of supplychain professionals say it takes weeks and 18% say it takes months to get the answers they need. What are the top 5 barriers to supplychain network design adoption? .
We often get asked what kind of return on investment you should expect to see when using our network design technology. Justifying the investment: AIMMS Network Design ROI. Subscribe to our SupplyChain Digest to get notified when it’s live. The post Bottom Line: What is the ROI of SupplyChain Network Design Software?
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.
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.
Our team put several resources together to help supplychain organizations navigate through this crisis safely. . The next 2-4 weeks are critical to understand the exposure throughout your value chain, take actions to address anticipated shortages , and ensure resource requirements to restart. Evaluate different scenarios .
When it comes to network design, you can’t just set it and forget it anymore. Today’s successful supplychain networks are adaptable. But network design as a discipline is complex and most organizations struggle to answer network design questions or test hypotheses in weeks. This needs to change.
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.
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.
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.
As the founder of a company designed to connect shippers and freight forwarders, Sarah understands the dynamics of the shipper, freight forwarder relationship. Sarah Barnes-Humphrey is a logistician turned supplychain marketer, passionate about bringing stories to life in an industry that has traditionally been about stats and numbers.
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!
Before joining Truckstop, Shawn dedicated 18 years to Hewlett-Packard, leveraging his background in computer science and graphic design to solve complex problems and deliver exceptional customer value. Shawn has been with Truckstop for over 8 years, serving in various roles including integration product management and product strategy.
No-code and low-code tools, also known as application designers, empower non developer end users to build applications and rapidly solve for immediate needs. Application designers thrive in complex, shifting environments because the platform reflects the needs of the frontline at any given movement. This is changing and changing fast.
It can be incredibly frustrating when the software you use to run your supplychain will become unsupported. Attempting to run your supplychain on unsupported software is like walking a tightrope without a net. Attempting to run your supplychain on unsupported software is like walking a tightrope without a net.
High and increasing costs, in combination with long recovery times, have triggered many companies to reassess their customer service plus supply-chain strategies and footprints to make them more resilient to any kind of disruption. Reducing risk in supplychains. Ensure supply-chain visibility.
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. An automotive company I collaborated with conducted detailed modeling of potential tariff impacts on semiconductor supplychains. For example, U.S.-based
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.
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.
The term “supplychain” started being used in the mid-1990s as global political conditions changed in ways that encouraged international commerce. During the pandemic, the supplychains that had previously been considered trustworthy were found to be fragile. This has led to a change of focus to supplychain sovereignty.
Waste reduction is more important that ever in the modern supplychain—here are several ways to go about it. This week our friends from the Compactor Management Company are contributing to our blog. ” Given their knowledge of waste management, we were more than happy to accept their proposed blog post. .”
Those that also leverage scenarios in IBP are even better prepared to deal with the supplychain shocks caused by COVID-19. Let’s explore them briefly in this blog post. We illustrate this by looking at the global supplychain of a CPG manufacturer that makes hand sanitizer, among other products.
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.
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.
MIT’s SupplyChainblog presented a nice research study by Minhaaj Khan and Srideepti Kidambi and supervised by Dr. Tugba Efendigil. Their study is a good example of using less data rather than more to design a simple readily explainable approach … Continue reading →
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.
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.
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.
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.
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. Submitted proposals are stored in the online supplychain portal.
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.
From oversized machinery to delicate pharmaceuticals, the ports infrastructure is designed to address a diverse range of requirements. A Strategic Role in Resilient SupplyChains As global supplychains face increasing uncertainty, Philadelphia is doubling down on resilience.
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.
That’s why we developed TrakItPRO, a state-of-the-art cargo visibility tracking system designed to streamline freight forwarding for companies like yours. Importing freight to the US comes with challenges, ranging from outdated technology to inefficient communication. You can watch a video on TrakItPRO here and download our guide.
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:?
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.
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