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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.
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.
Many people get confused about KPIs or Key Performance Indicators in Logistics and SupplyChain operations. Still, in this article, I will help you evaluate the need for supplychain and logistics KPIs in your organisation, and identify which types of measurement might be most appropriate. Which ones to use?…
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.
Summary: Building Resilient Sales Teams Nick Klingensmith is an obstacle course racer, motivational speaker, and mindset coach whose company Stride Motivation helps high achievers set and accomplish meaningful goals. Nick delves into strategies for fostering a strong team identity and aligning individual passions with a shared purpose.
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.
Supplychains are changing fast, and 2025 is set to bring even more challenges and opportunities. Thats why its more important than ever to focus on strategies that work and make them part of your plan moving forward. Lets explore the key strategies that can keep your business ahead of the competition in 2025.
You already know the biggest supplychain disruption of 2020: the COVID-19 pandemic. With that said, how can you keep your supplychain running as smoothly as possible in the meantime? The best way to safeguard your supplychain will be by building resilience into your operations. But ‘back to normal’?
Burak has worked with more than 200 entrepreneurs over the course of his career. His broad business and technical experience position him as an expert on growth strategies, financial/business modeling, and fundraising. As a partner at Autotech Venture, Burak oversees investments relating to fintech, SaaS, and supplychain/logistics.
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.
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.
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.
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. AI can refer to several different types of math.
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. The benefit of these practices is also sustainability throughout the supplychain.
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.
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.
The success of your business links inextricably to the performance of your supplychain. you have to make your supplychain successful too. Of course, it is helpful to have some statistics on hand to validate the statement above. SupplyChain and Business Success By the Numbers.
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.
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.
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.
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. The most common complaint of newer companies using big data analytics capabilities tends to revolve around traditional questions of business strategy.
How often do you think about your retail reverse logistics strategy? Unfortunately, many supplychain leaders continue to regard reverse logistics as an archaic process that’s best ignored and left to individual brick-and-mortar facilities for management. The Benefits of a Data-Driven Retail Reverse Logistics Strategy.
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.
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.
For business leaders, understanding these emerging trends is crucial to navigating the complexities of the modern supplychain and maintaining a competitive edge.” ” Strengthening SupplyChain Resilience “The past few years have underscored the importance of supplychain resilience.
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.
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.
Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supplychain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supplychain.
Massive supplychain disruptions are being experienced around the globe, and the causes are many and complex. Factors affecting the supplychain. When China shut down operations in a bid to contain Covid-19, supplychains ran out of material. How can businesses create the supplychain of the future?
Knowing about her blogging side hustle, the executive team allowed her to take on the additional responsibility of the company’s digital marketing initiatives where over the course of 5 years, orchestrated two website redesigns, implemented an inbound marketing initiative, and established a sales outreach plan. 00:36:05] Starting a Podcast.
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.
However, enterprise shippers can make a comeback by implementing smart truckload shipping strategies by retooling and putting freight forecasting power to work. And these additional five shipping strategies can help enterprise shippers maximize recovery and boost profits. Shipping distance average. Truckload shipping success rate.
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.
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. Supplier diversification is a key component for supplychain resilience.
What’s on the horizon for supplychain professionals? Many are relying on advanced analytics to optimize their supplychain for sustainability. Many are relying on advanced analytics to optimize their supplychain for sustainability – Tweet this. This promises to be a very eventful year.
A new year is underway, and what better way to begin our 2023 blog activity than with a summary of the freshest news from the supplychain and logistics theatre? But is that a real possibility, or are the predictions of supplychain mayhem just so much panic and hot air? That will no longer be an issue.
Because of service disruptions – not being able to buy toilet paper, for example – the supplychain has been more discussed than ever before. It was also a very, very tough year for supplychain professionals working in the grocery supplychain. But just how bad was it?
Manufacturers and distributors experienced huge supplychain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supplychain leaders globally. In fact, SYSPRO research revealed that 60% of businesses were impacted by supplychain disruptions during the pandemic.
Whether you’re planning to benchmark your supplychain or simply trying to improve how you measure its performance, it makes sense to know a little about the most commonly used KPIs for each supplychain component. Cycle times are critical in the supplychain. Purchase Order Cycle Time.
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.
At the conference, I was fortunate to see a presentation from Brent Wilson, Senior Vice President of Global SupplyChain at Qualcomm. Concurrent supplychain planning is required for the company to navigate uncertainty and expand into new markets of automotive, computing, and connective intelligent edge.
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