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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. Blue Yonder, for example, has created a microservice for transportation optimization.
They can ingest large volumes of functional data and leverage advanced intelligence to recognize broad trends and specific disruptive events. Real-time connectivity empowers the existing logistics network and opens the door to limitless opportunities for collaboration and partnership beyond the existing supply chain footprint.
of events and respond accordingly. Clarity of Impact: Context helps planners understand the significance of an event. For example, a warehouse inventory discrepancy may only matter if it affects high-priority orders or strategic customers. For instance, detecting a delay in a shipment is not enough.
Companies use risk management software , like the Interos solution, to monitor and analyze supplier risk events in real time. These are big data platforms that monitor news sources and assorted databases from governments, financial institutions, ESG NGOs, and other sources to detect when an adverse event has occurred or may be about to occur.
The surging Delta virus, devastating floods in China and Germany and cyber attacks on South African ports are amongst the latest in a series of events that continue to send shock waves throughout the system. In light of all of this, I’d posit we can no longer look at the events of the last year as an aberration. The impact?
For example, attendees had a chance to get up close with the Hyster® J10-18XD electric lift truck series, engineered for ICE-like performance in heavy-duty applications and lifts up to 18 tonnes. “At Strength and durability are what Hyster is known for, but Impact Live was about more than just showcasing our tough trucks,” says Robert. “By
CONA Services Provides a Common Platform for Supply Chain Collaboration CONA Services LLC is an IT services company owned and governed by the 11 largest Coca-Cola bottlers in North America. However, unexpected events do happen. For example, a large customer may place a large, unforeseen order that becomes visible at 9:00 a.m.
For example, flexible systems allow warehouses to shift resources seamlessly between e-commerce and business-to-business (B2B) operations, enabling smooth transitions between high-demand cycles for different clients. Flexibility enables these warehouses to customize workflows and systems to accommodate their clients diverse needs.
In today's ever more complex supply chain riddled with thousands upon thousands of processes, shipping freight has moved beyond tactical prowess for those who execute well and has evolved to now include strategic, innovative, and collaborative efforts to maintain not only a competitive edge but reduce overall transportation cost footprint.
As Josh Dritz, VP of Operations Technology and Automation at Messen Medical Surgical, pointed out, Geopolitical factors, extreme weather events, labor issues, and pandemics are just a few of the challenges that constantly threaten supply chains. Examples include: Labor Planning: Optimize workforce productivity based on real-time data.
We’ve moved from weekly supply collaboration with suppliers to daily. An iGPU (integrated graphic processing unit) is a current example. As an example, if we have congested lanes, the system will automatically flag that we have a potential risk of delay based. It can involve moving parts from plant A to plant B, for example.
One of the key approaches to simulating warehouse operations is based on employing discrete event simulation (DES) techniques and tools. The Solution Supports Drill Down Views Modeling collaborative AMRs is more complex than modeling manual warehouses or warehouses with bolted-down material handling systems.
The solution is called a supply chain collaboration network (SCCN). ARC’s definition is that a supply chain collaboration network is a “collaborative solution for supply chain processes built on a public cloud – many-to-many architecture – which supports a community of trading partners and third-party data feeds.
What Celanese has accomplished is the single best example ARC is aware of employing agentic AI and copilots at scale. These agents can communicate, negotiate, and collaborate to solve complex problems. The occurrence of any of these events disrupts the global supply chain and can deeply impact profitability. increased to 50.
I took the viewpoint that as the need for supply chain resiliency becomes front and center, CSCOs and CPOs will need to collaborate very closely; and shared the reasons why this is more important than ever. Accordingly Supply Chain and Procurement will need continuous collaboration. Here are some examples of such use cases.
Supply chain collaboration networks, which provide wide ranging visibility to events occurring upstream and downstream in supply chains, can help companies be more agile. I am updating writing and research on the supply chain collaboration network market. What is a Supply Chain Collaboration Network.
At our Blue Yonder ICON event later in April this year and 3PL Execution Forum in June, 3PL and 4PL companies will explain how they are leveraging innovations as an advantage. An example is carrier network services for executing a cohesive set of first-, middle- and last-mile operations and optimizing common carriers and fleets.
Take Germany, for example: the “Trends in Logistics & SCM” study conducted by the German Logistics Association BVL in 2023 shows that cost pressure was the most important topic for decision-makers in 2016, but in 2023 it only ranks fourth. Things were different a few years ago. Sometimes very successfully.
How often do you think about collaboration in logistics? Supply chain professionals and executives claim they think about collaboration all the time. Buyers see the event as a zero-sum game, and they grow hostile, willing to sacrifice their own efficiency in the hopes of beating their competitors.
MODEX 2024, held in Atlanta, Georgia, from March 11 to 14, attracted more than 35,000 attendees and featured over 150 educational sessions, keynote speakers, and networking events. Here are some of the examples that caught our attention. They can also work alongside humans or independently, depending on the task and the environment.
Discover capability gaps and create sourcing events Seek and discover what capabilities the organization may be lacking, such as vulnerabilities or inefficiencies in transportation or supplier capacity. By identifying these gaps, you can create sourcing events to close them. <br>- Organize sourcing events to address gaps.
Severe weather events are the new normal. Severe weather events are becoming more intense and commonplace, causing supply chains to struggle. CASES OF SUPPLY CHAIN DISRUPTION FROM RECENT SEVERE WEATHER Climate change has led to an increase in severe weather events. Can the logistics industry handle more supply chain disruption?
Examples of automation range from a household thermostat to a large industrial control system, self-driven vehicles, and warehousing robots. Examples are industrial robots and multipurpose CNC machines. For example, full warehouse automation to support event-driven, mission-critical system delivery.
OpenAI’s “12 Days of OpenAI” event showcased its continued efforts to enhance its competitive position in the AI market. Key announcements from the event include: Introduction of ChatGPT Pro : This broadened the usage of frontier AI. For example, OpenAI has received $11.3 billion in funding.
Here are some real-life examples of successful supply chain optimization across various industries. Collaboration and communication among supply chain partners are essential for achieving synchronization and alignment, ensuring that everyone works towards common goals. Explore NEED SUPPORT?
And my impression from discussions with users, and from the discussions at a 2021 Mass Robotics event , is that heterogeneous operating requirements are a reality, therefore making interoperability a top priority. Therefore, FedEx wishes to enable robot interoperability and collaboration. Trail Blazing and Bushwhacking.
Load coverage insights to build collaboration Another opportunity to apply analytic data insights rests with using data to enhance collaboration in the supply chain network. More collaboration will always generate additional productivity. To keep pace, organizations need systems that are up to the task. Download the White Paper.
On the breadth dimension, we have a spectrum that includes point solutions out to alerts over a much broader range of events. One example is an alert that a truck will be late based on a GPS feed. Four Kites and Descartes are examples of software companies whose solution provides this type of alert. – mentioned above.
Key factors influencing the rise of the industrial data scientist include: Organizations are unable to realize the full value of Industrial AI due to poor industrial data quality and management, internal silos, and a lack of collaboration among relevant teams. What Is an Industrial Data Scientist?
Whether it’s a pandemic, severe weather events, trade disputes and tariffs, economic upheaval, or even unexpected surges in customer demands, you can’t prepare for every eventuality. For example, GlobalTranz’s Cost Prediction Model provides intelligence on pricing and market trends via a live dashboard. Conclusion.
To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supply chains to collaborative supply networks and actively design their supply chains. The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream.
Latest release of DCSA’s Just-in-Time Port Call Programme provides interface standards and API definitions for all 50 port call event timestamps. The interface standards allow carriers, ports, terminals and other service providers involved in a port call to exchange event data in a uniform way, enabling automated data exchange.
Geopolitical events. The hyper-focus on meeting customer expectations is also creating pressures upstream in the supply chain, as manufacturers extend visibility and collaboration beyond their own walls to avoid any disruptions. blockchain), and video-based collaboration/content sharing. A Positive Example.
“Definitions of agility, resilience, visibility, and end-to-end collaboration are all very much tied together. And agility is about reacting quickly and hopefully effectively to the actual disruptive event. But the event might not be disruptive at all if you had planned for it. Something happens in your end-to-end supply chain.
For the first time since its inception, the 25th Annual ARC Industry Forum in February was hosted as a virtual event. The Forum had a record number of global attendees and speakers this year who took advantage of this “virtual,” online event to network, collaborate, and share actionable strategies for successful digital transformation.
We also structure the conversations in such a way to maximize peer-to-peer collaboration between executive sponsors at our customers in order to reinforce the power of the FourKites network. Here are a few of the things that were top of mind for me during this exciting event. Breaking Out and Coming Together.
This example illustrates why supply chain visibility isn’t enough. Not only do you need to be able to know the full impact of events and decisions across your supply chain, you need to be able to shift plans seamlessly to maintain responsiveness. Why transparency is better than visibility. Agility to act on transparency.
If we’re going to be able to prepare for these types of events in future, we have to identify appropriate sources of information that we should focus on all the time — not just when [crisis] manifests,” said Randy Bradley, associate professor of information systems and supply chain management at the University of Tennessee.
For example, running a batch process that now takes 8 hours instead of 12 does not translate into supply chain agility. A resilient supply chain requires interoperable solutions that provide end-to-end visibility and collaborative planning from IBP to factory planning.
The Retail Industry Leaders Association (RILA)’s conference attracts retail and supply chain leaders from the biggest brands in the country, providing a forum for innovation, networking, and collaboration. For example, speakers from Walmart and Best Buy shared how they they gained better freight visibility and created a shorter returns cycle.
These discussions ensure that, in the event of a security breach, both immediate and long-term responses are swift and effective, minimizing potential damage and downtime. A proactive security stance, characterized by open dialogue and collaboration, lays the foundation for a trustworthy and reliable partnership.
Ty sees the value of digitization in three main areas: collaboration, automation and analytics. He notes that collaboration can be both visual and digital. This enables data to be entered only once, with the inherent reduction in manual effort, cost, and errors, so it can be used to collaboratively manage the supply chain.
Maintaining all past and future promotional events in a database. Maintaining outlier events that have influenced demand patterns or supply availability . Fifth step: Internal & external digital collaboration is also a part of going digital. Modeling the impact of weather events. Having accurate stock-out data.
Cloud computing itself is a prime example. Collaborative Logistics Networks Extending the concept of “uberization”, 3PLs are moving towards platform-based models that enable resource sharing and network optimization. IT vendors deliver less physical IT equipment and more virtual services to their customers.
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