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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.
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.
It starts with your first form of Automation, Warehouse Management. As anyone who’s experienced change in supplychaintechnology over the past five-to-ten years can attest, we’ve come a long way, baby. Warehouse management software ( WMS ) is the foundation of a smooth-running supplychain operation.
Single people mark the occasion by spoiling and treating themselves to gifts and presents, but it wasn’t until Chinese eCommerce giant Alibaba chose the date to offer heavily discounted merchandise on its platform for 24 hours, starting at midnight on the 11th November, 2009, that Singles’ Day became a major commercial event.
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?
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. Present-day, Blythe and her team oversee the management of dozens of websites to help the one-person marketing team flourish.
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 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. For freight brokers and third-party logistics providers, efficiency is king.
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. The implementation was not trivial.
Of course, the pandemic then hit global shores, not to mention the ripple effects of global trade wars. For global businesses, supplychain resilience is the name of the game. As a result, supplychain leaders have been exploring alternative, more predictable options. Challenges to growth with supplychain.
Software company Setlog will present its enhanced SCM software OSCA at the LogiMAT intralogistics trade fair in Stuttgart (31st May – 2nd June). In Hall 7 Booth C61, the supplychain experts from Bochum will demonstrate the IT tool’s five solutions. The tool is used by more than 150 brands worldwide.
Blockchain, artificial intelligence, and robotics are some of the hottest technologies to grace the business stage, if the media is to be believed. We took a look at the state of adoption in the supplychain world, and here’s what we found. Are SupplyChains Warming to These 3 Hot Technologies?
The supplychain has experienced more disruption and subsequent evolution than any time in recent history. As a result of COVID-19, companies have had to reevaluate the state of their supplychains and make the necessary adjustments to make them thrive in a time of great uncertainty. Agility is More Important Than Ever.
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?
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.
Besides China’s undeniable first place, of course, other actors in maritime competition in Asia are also aiming to catch up or even surpass China. The post The Present and Future of Maritime Competition in Asia appeared first on More Than Shipping. These countries are Malaysia, Japan, South Korea, and Singapore for now.
It included all of the usual suspects – Amazon, Alphabet (Google), Tesla, and other household technology names. This was on a day I was busy analyzing the global warehouse automation market. I had just reviewed KION Group’s financials that showed the SupplyChain Solutions segment (Dematic) grew by 44 percent in 2021.
Global supplychains suffer from limited visibility and a general want for supplychain intelligence in carrier sourcing , freight tendering and all other processes. Fully 70% of companies say their supplychain is either very or extremely complex and only 6% of companies have full visibility within their supplychains.
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. Try to avoid introducing the need for backtracking and detours in transportation.
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 systems presents hurdles that add to the true cost. Calculate software costs – Consider the price of the software solution.
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.
If you Google “digital transformation,” you get over 60 million hits—and a few million of those are related to supplychain management. It’s a journey many people and companies are talking about today, but what exactly does “digital supplychain transformation” mean? What is Digital SupplyChain Transformation?
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.
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.
Mike Bhaskaran, Group COO of Digital Technology at DP World , shares his predictions on technology innovations that will impact the supplychain logistics industry in 2023. In 2023, businesses must embrace the opportunities offered by technology to streamline processes and boost visibility throughout the supplychain.
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?
New Small Parcel Handling Course for Magaya SupplyChain Users Now Available Via PageOne. Many of our customers have taken advantage of the software and hardware Magaya offers to boost package handling volume, increase revenues, and improve service for their customers.
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.
How automation can move to where it’s needed in a manufacturing setting. based BlueGrace Logistics, who presented at this year’s MODEX , the material handling and supplychain show held in Atlanta in March. His presentation related to allocating resources in commercial trucking. The Fabricator. Tim Heston.
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.
When these issues arise within your company’s supplychain operations, a management consulting partner can diagnose the issues, offer cost-effective solutions, and help ensure smooth implementation, easily saving your company more than the applicable consulting fees, many times over. First: Bookmark this Page.
On the other hand, offshoring growth has fuelled the need for warehousing as part of the elongated supplychain. However, simply slinging it out of the door to the first likely outsourcer would be to neglect the links that exist – that must exist – between a warehouse and other parts of the supplychain.
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.
Well, not just for benchmarking, but also for maximum visibility of your supplychain and logistics performance. In answering that question, we’re not going to provide you with a list of possible supplychain KPIs to use in your business—at least, not in this article. How hard can that be?” I hear you ask.
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.
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.
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.
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.
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.
Wilko, to start off, could you tell us more about the supplychain division you work for? . I work for Global SupplyChain, a division based in Zoeterwoude (the Netherlands). Every country or operating company has its own supplychain team and is responsible for managing its own capacity, demand and supply.
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.
9 Golden Rules for Meaningful SupplyChain KPIs. I’ve written many posts on this blog about the importance of having a supplychain strategy that’s aligned with the overall business plan, and why it is a mistake to have misaligned strategies. Golden Rule #1: Meaningful KPIs Require a Meaningful Strategy.
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