This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
This is a clear shift from pandemic-era strategies when agility and resilience were priorities. While supply chain executives largely realize how critical collaboration and effective supply chain technology are. 74% of supply chain executives say external collaboration contributes to resilience.
Streamlining pre-shipping efforts creates efficiency and visibility In an IDC research survey, supply chain executives agree, “visibility, agility, supply diversification, and collaborationstrategies” are the top responses for companies to mitigate supply chain risk from disruption.
Sitting Down with Mike Hain, Lead of Industry at Descartes to Discuss the 8th Annual TMS Benchmark Survey Mike Hain has over three decades of experience spanning transportation-based projects, executive consulting, various software organizations, and now go-to-market solutions with Descartes.
Paluzzi spent 10 years at Coyote Logistics overseeing technology product strategy and delivery before joining Logistics Dynamics as Chief Information Officer. To add more value and become more competitive, knock down the silos and drive further collaboration with partners in technology, insurance, carriers, etc.
Supply chain visibility, collaboration, and orchestration are now the top priority for executives. A survey of 200 supply chain leaders found that most would shift supply chain strategies from linear to more integrated supply chain networks to detect and minimize risk.
It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. Criticality of PO Collaboration for Direct Spend Management PO collaboration plays a pivotal role in managing direct spend efficiently.
Clear goals ensure that investments in flexibility and throughput align with broader business strategies. Investing in Training and Collaboration : Beyond technology, workforce training and effective partnerships ensure systems are utilized fully.
As organizations continue to adapt to the roller-coaster ride of 2020, some leaders’ pre-pandemic IT strategies brought business resilience even as COVID-19 struck. Indeed, some organizations spent several years laying the foundations for data-driven strategy and remote operations even prior to COVID-19.
This post is from a press release sent to us regarding the recent survey of the 3PL industry. This survey continues to point towards the success 3PLs are having for their clients. Survey Points to Continued Success of Shippers and the 3PL Industry. No matter what type of 3PL there is, each brings value to their customers.
Supply chain visibility, collaboration, and orchestration are now the top priority for executives. A survey of 200 supply chain leaders found that most would shift supply chain strategies from linear to more integrated supply chain networks to detect and minimize risk.
For stakeholders navigating this environment, understanding key industry drivers, challenges, and future trends is critical for crafting effective strategies. Additionally, customer demand for green solutions is surging, with a McKinsey survey indicating that 60% of consumers are willing to pay a premium for sustainable delivery services.
Longstanding weaknesses in the supply chain like port infrastructure, outdated supply chain strategies and impacts of natural disaster and wars have all further affected global supply chains. Collaboration for transparency and profitability . To do this, they need access to a real time picture to manage every aspect of the chain.
Amid this perfect storm of disruption, GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Control towers.
consumers express a willingness to transition from fossil fuels to electricity for transportation, according to the latest nationwide consumer survey from the Smart Energy Consumer Collaborative (SECC). As electricity generation in the U.S. The post SECC: Americans Support Transition from Fossil Fuels appeared first on NGT News.
Get buy-in from employees to show them you value their collaboration – This goes a long way. Survey your users to avoid unseen pitfalls and make sure you’re actually purchasing a solution that provides a good user experience. The post The Most Overlooked DC Performance Strategy appeared first on Logistics Viewpoints.
This contribution is in addition to an $85 million Women Entrepreneurship Strategy Ecosystem fund implemented last month. The creation of the Women Entrepreneurship Strategy is a progressive step forward. Women Entrepreneurship Strategy. Women entrepreneurs could receive up to $100,000 toward growing their businesses.
Oracle’s recent global survey, No Planet B: How Can Businesses and Technology Help Save the World? They provide information using dashboards and alerts that are easy to understand and allow you to collaborate with not just internal teams, but also with partners and suppliers. From product design to last mile sustainability.
Crafting an integrated supply chain strategy that helps retailers deliver on their promise and keep prices competitive is at the heart of this challenge. Ninety-six percent of Americans have made at least one online purchase and 51% of those surveyed say they prefer to shop online. Consumers are deciding when, where, and how they shop.
That being said, this innovative tool has been instrumental in identifying clear indicators of market fluctuations and how that intel has helped shippers prioritize business strategies. Q3 reveals a positive trend in anticipated revenue, with only a 4% decrease reported across all shippers surveyed. Collaborative partnerships.
In a soon-to-be-published survey conducted by Coupa Software, European supply chain leaders cited the ongoing geopolitical conflict in Ukraine as a major concern. the topic of Human-AI collaboration, it would be remiss if I didn’t address the topic of Generative Artificial Intelligence (AI). He received his Ph.D.
Our latest research survey shows that 70% of manufacturing and distribution businesses experienced supply chain disruptions and 60% of businesses were unable to engage and collaborate with customers and suppliers in real-time. Securing a digital future with Cloud ERP.
Your transportation consultant can help develop response strategies to ensure your supply chain continues to operate while the problem is addressed. While supply chains are recovering, a recent survey found that 57% of shippers experienced longer lead times from suppliers in China. The average cost of a data breach reached $3.86
With recent events at Silicon Valley Bank and Credit Suisse rocking international finance systems , the experts at global supply chain risk management solution Resilinc are urging UK businesses to collaborate with suppliers to reduce uncertainty. Mapping down to the subtier level offers complete visibility into your supply chain.
Before the pandemic, in a study of logistics providers conducted by Fraunhofer IML, among those embarking on digitalization initiatives, only 25% of logistics providers in the Fraunhofer IML survey are leveraging digital technologies to think outside the box and reinvent their foundational delivery model. It should also be shared downstream.
During a year when e-commerce sales skyrocketed, the global pandemic impacted supply chains around the globe, and transportation capacity contracted across most modes, while companies worked to get their logistics strategies realigned with this “new normal” operating environment. What’s in Store for 2021?
Despite the challenges, we’re proud of the collaboration from our employees, valued agents and carrier network, working alongside our customers to find creative solutions. New Survey Highlights Confidence in Supply Chain Operations Despite Challenges. Without further ado, here are GlobalTranz’s top posts of 2021: #1.
According to a recent survey fielded by Edelman Intelligence , 94% of supply chain leaders say partnerships with supply chain logistics companies are necessary to get through peak season successfully. Traditional Inventory Replenishment Strategies No Longer Work. Which is why shippers and carriers must build supply chain resiliency.
Learn how to organize your data operations in alignment with supply chain strategy. The techniques require different degrees of sophistication, but even the relatively simple exercise of putting data from different sources in the same space and producing a visual representation can suggest strategies for transformation.
She says it’s going to study the latest marketplace trends, come up with strategies to tackle fraud within brokerage operations and work on short, medium, and long-term legislative and regulatory solutions. Collaborative efforts hold immense potential to drive meaningful change.
Current surveys show that in Germany, for example, on average only one in ten companies is able to respond to a serious disaster within 24 hours. read more Improve Supply Chain Resilience in Infrastructure Project Delivery The post Supply Chain Resilience from Transparency and Collaboration appeared first on Logistics Business.
They also need to have assurance of data security and access management, as well as transparency over control of the data. Cloud Sovereignty and ERP Companies who are moving their ERP system to the cloud will have to factor in the issue of sovereignty when planning their cloud adoption strategy. Where is our data stored?
In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. According to the Global Supply Chain Disruption and Future StrategiesSurvey Report, this goal was the top-ranked planned tool investment.
A recent SYSPRO survey shows that only 45% of businesses have looked at systems to address supply chain disruptions and just 44% have investigated technologies that enable collaboration with external suppliers and customers. The focus has been on internal efficiencies over external collaboration.
You can take this short survey (10 multiple choice questions) by clicking here or the link below. Take the survey. As companies digitalize their workflows, collaborations across the value chain could become more common, bringing us closer to true end-to-end visibility. .
It’s no secret that manufacturing companies around the world are rethinking their supply chain strategies. With shortages occurring in unexpected sectors and lockdown strategies impacting logistics, companies looked at reshoring to stabilize and strengthen their supply chains. Cloud ERP to reshore supply chains for manufacturers.
Widespread industry collaboration and the use of artificial intelligence (AI) and other cutting-edge technologies to interpret all of these signals will also help leaders move from reactive management to proactive mitigation of disruptions. Nonetheless, they and their shipper customers need to collaborate based on a common, trusted data set.
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. Digital technologies will allow companies to increase their visibility, collaboration, speed, and responsiveness ?
It was done by Polycom, a maker of video collaboration solutions for enterprises. Traditional segmentation strategies no longer work in a world characterized by complexity and constant change. Companies are also taking a fresh look at collaboration. You will find the infographic at the end of this post.
planning offers an alternative to swinging the pendulum and as the strategy that provides the supply chain resilience leaders seek. As you evaluate strategies to mitigate risk and build resilience, beware of headlines blaming JIT inventory practices and recommending a move to JIC.
Compelled—and enabled–by the digital transformation of business , you might be spending much less time on administrative tasks and be able to focus on more strategic internal and external collaboration. You might be part of a smaller team performing only core functions. Enter The Future of Procurement , an Oxford Economics study.
According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth greater than the average within their industries. Supply Chain Strategy. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. SEE ALSO: Supply Chain Strategy Development.
Are you thinking digital fluency, critical thinking and collaboration? New skills requirements in manufacturing Companies are investing in learning and on-the-job training as the most common workforce strategy to deliver business goals. Now, think about the skills required to do all this? If not, you should be.
Several surveys have reported how SCM in recent years has moved from being a cost center to one responsible for offering superior customer experience and delivering competitive advantage. Primarily this meant increasing inventories as opposed to other strategies like nearshoring. How Supply Chain Management is changing.
According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. Supply Chain Strategy. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Supply Chain and Business Success By the Numbers.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content