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Mark Baxa , John Delgado and Joe Lynch discuss supplychain shock waves: strategies for survival and success. Mark is the President and CEO of the Council of SupplyChain Management Professionals (CSCMP), a global organization dedicated to advancing the supplychain profession.
Katie Date and Joe Lynch discuss reflections on Manifest , the premiere conference that unites the entire eco-system of Fortune 500 global supplychain executives, logistics service providers, innovators and investors at the forefront of logistics tech and supplychain.
Currently Vice President of Information Security at DAT Freight & Analytics, she leads the vision, strategy, and execution of advanced security protections. in Cybersecurity from Northcentral University, while teaching Cyber courses in the evening and advising Women in Leadership at the University of San Francisco.
Chris Caplice and Joe Lynch discuss MIT Center for Transportation and Logistics and a wide range of logistics and supplychain topics. Twice the Council of SupplyChain Management Professionals has formally recognized him: the Doctoral Dissertation Award in 1996 and the Distinguished Service Award in 2016.
Insights from Gartner’s Hype Cycle for SupplyChainStrategy, 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 SupplyChainStrategy, 2020 offers some guidance.
Like any SupplyChain, Retail SupplyChains have their own unique challenges. They’re different from the SupplyChains you might see in industrial companies or wholesaling companies. The retail supplychain is dealing with the consumer directly and the customer really is King.
Burak Cendek is a Partner at Autotech Ventures, an early-stage venture capital firm on a mission to solve the world’s ground transport challenges with technology, realizing the next frontier in mobility. Burak has worked with more than 200 entrepreneurs over the course of his career.
Supplychains are changing fast, and 2025 is set to bring even more challenges and opportunities. This year, its all about resilience, sustainability, and using technology wisely to stay ahead. Thats why its more important than ever to focus on strategies that work and make them part of your plan moving forward.
As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supplychainstrategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supplychainstrategy.
Supplychain leaders have faced significant challenges in the past, and in 2020, the coronavirus pandemic spotlighted the need for supplychain resilience and integration. Among these, an integrated return management strategy can make or break successful operations. Contact Our Reverse Logistics Team Today.
In the ever-evolving supplychain industry, transportation spend optimization – or TSO – has assumed greater significance. Globalization has expanded supplychains; the result is increased complexity and transportation costs. As challenges increase, technology continues to evolve to meet demand.
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.
Supplychain is an industry slow to change. Large shippers still use Excel spreadsheets to plan their operations, and even the most beneficial logistics technology is sometimes looked at warily. Supplychaintechnology that is “beyond TMS” adds an array of necessary components. COVID changed everything.
Supplychain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. True, they may know how to roll out big data in a single warehouse, or they may have heard their competitors used branded systems for implementing this new technology.
Key Takeaways from This Article: COVID-19 has unveiled the fragility of a global supplychain predicated on lowest-cost principles. Increasing supplychain data visibility is a priority for logistics organizations looking to improve resilience. The COVID-19 crisis has hit the global supplychain from all sides.
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.
The modern supplychain is a complex beast. Let’s dive into the challenges of the supplychain and learn how to tackle them. According to a report by the Council of SupplyChain Management Professionals (CSCMP), over 40% of eCommerce orders in the US undergo at least one change before reaching the customer.
Michael Jacobs, Senior Vice President SupplyChain, Ferguson. Mr. Jacobs is the senior vice president for supplychain at Ferguson. While nominally a distributor, “supplychain management is our core competency. In particular, Ferguson’s supplychain is built for speed and to provide high service levels.
According to one survey , only 27% of leaders believe that they have the talent needed to meet current supplychain performance requirements. What should supplychain leaders be looking for to close the talent gap? AGCO Logistics Team Accepts Prestigious SupplyChain Award. We need people that are adaptable.
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.
Unfortunately, this may lead some supplychain managers or executives to simply avoid the topic until a more cohesive understanding of its possibilities can be made. Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. Bluetooth-connected sensors. Hand-held scanners.
The toilet paper shortage was one of the COVID era events that taught people what the term “supplychain management” meant. The changes to the profession of supplychain management are dramatic. Firstly, the term “supplychain management” was not in general use before COVID. This worked.
. “The rapid evolution of technology, coupled with lessons from recent global disruptions, is driving a new era of innovation and resilience in the sector. For business leaders, understanding these emerging trends is crucial to navigating the complexities of the modern supplychain and maintaining a competitive edge.”
2021 SupplyChain and Inventory Management Trends for the US. Here we are, one year later, trying to determine the 2021 supplychain and inventory management trends to adopt. Resiliency is now the name of the game for supplychains. Automation. Cloud-based Technology. Automation.
Every ecommerce store relies on an assortment of vital components to survive and thrive, but ecommerce software is the heart of all these elements. Regardless of the size of your ecommerce brand, it doesn’t hurt to periodically reevaluate if the softwaretools you’re using are giving you everything you need.
As we’ve discussed before, there is still a human element required for many technologically advanced supplychain operations, including automation and blockchain. That said, a future in which smart machines can make decisions on their own (with a touch of human guidance, of course) could be closer than we think.
My recent conversations with the supplychain practitioners are dominated by supplychain risk — specifically geopolitical risks in light of the ongoing Russian invasion of Ukraine. Let us dive deeper into how supplychains are getting disrupted. Europe relies on Russia for around 35% of its natural gas.
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. 00:17:09] Evergreen content strategy. [00:23:14] Blythe Brumleve and Joe Lynch discuss the state of logistics podcasting.
Getting started with AI in supplychain might not start where you think. Some try delving into deep learning or a crash course in generative AI (GenAI), but I don’t recommend starting there. Instead start with the foundation of your AI strategy, which should be an understanding of your company’s supplychain and your data.
Note: Today’s post is part of our “ Editor’s Pick ” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supplychain and logistics topics. The modern era of logistics is being facilitated largely by technology.
Many large enterprises use one form or another of a supplychain application to help manage their supplychains. Supplychain vendors have been touting their investments in artificial intelligence (AI) for the last several years. The agent technology is much more complicated than the math.
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.
COVID-19 has forever altered the supplychain—here are several ways in which supplychains are reorienting themselves going forward. The pandemic has dramatically impacted supplychains, and that, in turn, has led to dramatic transformation. A New Focus. In a world shaken by disruption, it no longer does.
Call it a cop-out if you like, but seriously, predicting which logistics and supplychain trends will make a difference to businesses in any given year has become notoriously difficult, given the speed at which technology in particular can suddenly disrupt the way things are done.
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 Internet of Things (IoT) seems to be popping up in more conversations throughout the entire supplychain , and more businesses have turned towards IoT experts for guidance on how to take advantage of its benefits. The IoT SupplyChain and Shipping Processes. The Internet radically changed how the world communicates.
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.
Monitoring freight market activity is an integral part of supplychains. Carriers must have state-of-the-art tools and technology to track and manage unusual and inconsistent activity in near-real-time. But what are these tools? Unfortunately, interpreting the data received is never straightforward.
Procurement and SupplyChain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supplychain focuses on service and procurement focuses on the cost of acquiring materials and services.
Competitor intelligence: Distribution strategies and network designs of your competitors. 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.
Supplychain industry leaders have access to more information today than ever before in history. Thanks to data gathering programs, supplychainsoftware , and data entry applications, this represents a mountain of data, which has the potential to provide ground-breaking insight into how to improve business-model efficiency.
Reverse logistics, while not being the opposite of forward logistics, is still about products moving backwards in the supplychain. However, remember that products or subassemblies that never made it out of the factory may need to travel backwards one or more stages along the supplychain.
The era of paper-based systems and physically monitoring the supplychain is ending. The definition of the IoT sums it up; it is “a network of dedicated physical objects that contain embedded technology to sense or interact with their internal state or external environment.”. SupplyChain Management.
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.
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