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Thinking back on the many presentations, panel discussions and conversations over the course of the conference, a few unifying themes come to mind. Thinking back on the many presentations, panel discussions and conversations over the course of the conference, a few unifying themes come to mind. are growing too.
Peter is Vice President, Journal of Commerce, the Maritime, Trade & SupplyChain division of S&P Global , a global data, analytics and business intelligence organization serving sectors including maritime, energy, automotive, petrochemical and financial. He has degrees from the University of Maine and Fordham University.
The theme this year was “Chart Your Course” which Richard Stewart, EVP Americas at Körber SupplyChain pointed out, is all about overcoming supplychain complexities and challenges. Mr. Elliott made two statements early in his presentation that stuck with me. First, supplychains do not operate in isolation.
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.
The solutions to supplychain problems boil down to the right combination of three factors—technology, data and processes. In the supplychain, problems are often overcomplicated. However, manufacturers, 3PLs and others in the supplychain often get lost in the details. That’s not true.
How 3PLs Can Gain Visibility and a Competitive Advantage Offering Automated Billing and a Self-Service Interactive Customer Portal It’s hard to imagine a third-party logistics (3PL) business today operating without some form of a warehouse management system ( WMS ) connecting the digital dots. But can technology do more?
Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supplychain insights and advice. Transitioning from legacy systemspresents hurdles that add to the true cost. Calculate software costs – Consider the price of the software solution.
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.
In February, Klaus Niebur, the director of global supplychain risk management at Autoliv, and Jan Thiessen, the managing director at targetP!, spoke on best practices on supplychain risk management at ARC Advisory Group’s Digital Transformation in Industry conference. in turn, is a boutique procurement consultancy.
In order to avoid incidents of mismatch between supply and demand, establish more efficient manufacturing and lower costs, it is necessary to establish an environment of consistent supplychain visibility. One of the often missing links, however, in supplychain visibility, is transportation management.
I’ve said it before (right here in Logistics Viewpoints), but it’s worth repeating: the digital transformation of our complex global supplychains is an ongoing journey. That’s when you can course correct in any number of ways that make your business more efficient and your customers happier. Lesson learned.
In fact, at one conference this spring, after delivering a keynote presentation that had nothing to do with technology, the very first question I received from the audience was “What do you think about blockchain and its potential in supplychain management?”. What happens to my existing technology?
It’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis. The Importance of Time and Technology By gathering and analysing the data weve listed above, or as much of it as possible, you will gain credible intelligence to inform decisions about your distribution network design.
In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post was written in collaboration with , OpenEnvoy , a leading automated invoice reconciliation tool. Digitize Invoicing to Eliminate Errors and Guard Cash Flow.
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. SupplyChainPlanning Starts with Looking Back.
And because we are supplychain specialists, well, supplychain projects are our bread and butter. . You don’t need a PM background to plan and complete a supplychain project, whatever its nature. . But what does it take to prepare for managing a supplychain project?
Has your company ever suffered problems with, implemented, or even considered implementing a sales and operations (S&OP) planning process? Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. The SupplyChain Head.
Risk permeates supplychains. The best-laid plans to avoid as many risks as possible often fall on deaf ears in supplychain management, but supplychain executives who take the time to understand the greatest threats can successfully position their companies to overcome such risks.
We pick up where we left off yesterday from posting the Top 10 Manufacturing Blog Posts for 2014 by page views from the Cerasis blog by featuring the Top 10 SupplyChain Blog Posts in 2014. What did you find most intriguing in the SupplyChain arena in 2014? Top SupplyChain Blog Posts for 2014.
Now imagine what the distribution center of 2045 will look like if technology continues to disrupt logistics as profoundly as it has done since the 1990s. That’s probably one of the first differences you’d notice between a warehouse of today and that of 25-plus years ago—and of course it’s down to technology.
I noticed that many of them obtained valuable experience at Kiva Systems (Amazon Robotics) prior to their current roles. One such executive credited Mark Messina with Amazon’s ability to scale its rollout of Kiva Systems subsequent to its acquisition of the company. I was a CAD jockey, designing systems at Philips.
Planning such a large operation efficiently is no doubt a challenge, but HEINEKEN’s quest for efficiency started in the company’s early years. Today, the company is betting on prescriptive analytics to plan its operations more efficiently and prevent lost sales in a constantly changing market. But it had its limitations, of course.
To solve this problem effectively, the system must also proactively identify potential bottlenecks, resource constraints, and delivery delays. IT systems can be part of the problem. However, complex process manufacturing presents a much more difficult ATP problem than is typical in discrete industries.
As a supplychain director, manager, or boss of a multinational corporation, where the supplychain is an integral part of your business, supplychain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for SupplyChain Cost Reductions.
How close are we to supplychains that can run themselves? Artificial intelligence can already automate much of supplychain. It can also make a supplychain that learns and adapts by itself. There is enough AI technology today for supplychain operations that can run unattended for long periods.
3 SupplyChain Trends to Track in 2019. We’ve had a busy final quarter of 2018 here at Logistics Bureau, so it was somewhat later in the year than usual when I got to thinking about what’s been going on in the supplychain world at large, and which developments are likely to keep the industry on its toes in the coming year.
Here at Benchmarking Success, we exist to help our customers improve supplychain performance. Of course, the criticality of such elements is the same now as it always was. Critical Principles for Building SupplyChain Resilience. Has your business survived these pandemic years by the skin of its teeth? Visibility.
trillion e-commerce landscape continues to expand, companies are facing difficulties successfully managing cross-channel commerce across continents, supplychains, and softwaresystems, and are losing revenue as a result. . As the global $1.9 Printer-friendly version.
If you’re serious about continuous improvement and developing a best-in-class supplychain to serve your organisation, keeping your managers and workforce educated is paramount. As any established supplychain professional will testify, this is a field in which the real learning begins after the formal education has ended.
Who would have thought that measuring the performance of supplychain processes like warehousing, procurement, or logistics could be so troublesome? Well, we know a few supplychain managers who, having made some of the mistakes covered by this article, would attest to the potential for difficulty.
Through its extensive span of activities, the supplychain sector offers wide-ranging possibilities for employment and career progression. In a different context, online retailer Amazon spotted inefficiencies in the supplychains of other companies. The SupplyChain Career Environment.
Oil prices tanked, cancellations increased and Maersk drilling and supplychain services would run up nearly $2 billion dollars in annual losses. In the weeks following the Damco brand subsumption, DB Schenker released a press release that referenced the Damco changes: “The last thing shippers need at present is further uncertainty”.
Supplychain managers need real-time data to effectively manage operations. While supplychainsoftware companies offer solutions that come with analytic solutions, the data used for the analytics is usually archived data. There is a new technology that can provide real-time visibility.
At Schneider Electric , the global purveyor of energy management and industrial automation systems, the cloud presented an opportunity to undertake a wholesale digital transformation of its supplychain. We realized that on-premise and traditional platforms were expensive to maintain and update,” Whiting says. “We
I am a supplychain management industry analyst, so that will be a primary focus of this article. Oracle’s Technology Value Proposition. 1-800-Flowers gave a presentation in which they talked about implementing Oracle warehouse management and transportation management systems in the Cloud. This demo’d beautifully.
When it comes to SupplyChain Analytics, an “Apps approach” can have just as many benefits. Gartner’s Noha Tohamy offered a great presentation about this at their recent SupplyChain Executive Conference. But what exactly is a SupplyChain Analytics app? Oil blending is not easy.
At the conference, I was fortunate to see a presentation from Brent Wilson, Senior Vice President of Global SupplyChain at Qualcomm. For companies like Qualcomm, that’s fueled unprecedented demand for the semiconductor chips they provide to power the technology we’ve all come to rely on.
The solutions to supplychain problems boil down to the right combination of three factors—technology, data and processes. In the supplychain, problems are often overcomplicated. However, manufacturers, 3PLs and others in the supplychain often get lost in the details. That’s not true.
In my Logistics Viewpoints article in April 2021, Building Profitability with Agility while Digitally Transforming the SupplyChain , I mentioned that we will continue to explore here the concrete steps in the digital journey and examples of determination from the top in addition to logistics operations.
Big data applications are already impacting supplychain entities around the globe, but some of its most interesting possibilities may have yet to be realized. This impact will be felt across all industries, but it may be most notable for supply-chain entities that are directly involved in the health industry.
Fruit and vegetables, fish, bread, packaged salads, fresh meals; so many consumer products rely on supplychains that can bring perishable goods to retailers’ shelves quickly, and in the best possible condition. Things You Need For Fresh SupplyChain Success. Know Your SupplyChain Challenges.
At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supplychain and business strategy along with eight other important levers for supplychain performance improvement. A Long History of SupplyChain Strategy Misalignment.
Supplychains are complex entities. While customer satisfaction is a hugely important criterion by which supplychain success is judged, so is supplychain profitability. While customer satisfaction is a hugely important criterion by which supplychain success is judged, so is supplychain profitability.
Post-Cold War, however, the consequences of logistics miscalculation or integration within strategic or tactical planning could be regarded as far less of a consequence. The reality is completely opposite. 2] This transformation can be seen particularly starkly between two defining military campaigns.
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