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Additionally, Jorge has leveraged his insights with students in Mexico, serving as a clinical professor of entrepreneurship for the Instituto Tecnologico Autonomo de Mexico, where he taught an undergraduate course for students majoring in business, economics, and engineering. Sustainability – long supplychains produce more green house gases.
The solution is to back up, figuratively speaking, to the general definition of the need and see how overall trends and developments in the world could make this need map onto other, different solutions. All you need is your credit card (and a driving licence, of course.)
As we head into a new year it is a good time to take a look at the coming year and see what it may hold in the way of trends. We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, SupplyChain, Logistics, and Transportation Management.
Call it a cop-out if you like, but seriously, predicting which logistics and supplychaintrends 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.
Intro to 2020 SupplyChain Management Trends. Throughout the last decade, the main trends were digitization and globalization. Supplychains have lengthened and extended across borders, bringing a whole new host of opportunities and challenges. 2020 supplychain management trends will further these shifts.
It’s that time when idle chatter at the office Christmas lunch turns to debating what next year will bring, especially among logistics and supplychain professionals, for whom it seems every New Year brings new challenges, trends, and disruptive innovations. The 7 Trends for SupplyChain Pros to Watch in 2018.
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.
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.
The outsourcing of Logistics services continues to be a growing trend, and can encompass a very broad range of services. Where the existing in-house operation is very inefficient, inappropriately resourced or could gain significantly from being incorporated into a larger operation, then of course savings may be possible.
The Logistics Trend Behind The Latest Trend. About the Author: Founder of ShipStarter, Kenneth is a 25+ year professional of the supplychain industry. Are You Up With The Trends? That shirt you need to buy for the summer may not have been designed yet. Contributed Article. Drinking matcha tea yet?
I’ve noticed a trend in recent years in that when businesses want to check their distribution networks or design a distribution network , they immediately jump into loads and loads of detail. Four Ways to Streamline Your Network Design. Four Ways to Streamline Your Network Design. Bring in the Whiteboard.
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.
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. Forecast demand better.
Mark Morley, Senior Director, Product Marketing at OpenText , provides his supplychaintrend forecast for the year ahead. Embracing conversational AI across tomorrow’s supplychains: Companies have been embarking on a journey of digitizing their supplychains for many years.
3 SupplyChainTrends 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.
With 2019 coming to an end, it’s important to know what the new year will bring the world of supplychains—here are 5 supplychain predictions for 2020. 2019 saw significant changes for supplychains all across the globe. More than ever companies will need to make their supplychains green.
The near-infinite processing power Cloud computing provides (along with other technological innovations) will cause everyone in the supplychain and logistics field to unlearn the way we’ve always done things, everything from the way we design software applications to how we design and manage supplychain processes.
The concept of automating processes and activities is a major sticking point for supplychain and logistics. Supplychain and logistics automation allow companies to refocus their efforts on tasks requiring human hands, and redundant tasks can be automated through robotics , as well as technologies designed to assist human workers.
As part of our ongoing commitment to keep our blog readers updated on what’s happening in the supplychain and logistics world, we’re launching a regular industry news roundup, which we’ll release periodically. Increased near-shoring in Mexico and elsewhere as companies seek shorter supplychains.
The SupplyChain Manager’s Multi-function Display. By now, you are probably wondering what airliners have to do with supplychain KPIs. You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supplychain organisation.
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.
While the infantry soldier who fired the round is an important part of this picture, she is in many respects just the final actor in a well-designed system which has resulted in that bullet being there at that time and place. A system designed and run by Army’s logisticians.’.
Until the Coronavirus began wreaking its havoc, global companies could run their supplychains on the assumption that disruptions would be rare and short-lived, and that products should be sourced, produced, and distributed at the cheapest locations to be found, wherever in the world that may be. 2) Diversify Your Operations.
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.
Join us as we embark on a journey through the vast seas of trends, opinions, and innovations that shape the shipping industry today. So, hoist the sails and let’s set course for an enlightening voyage together! The trans-Pacific and Asia-Europe trades are experiencing divergent trends.
Improving predictability in outcomes is valuable, but ensuring your supplychain is nimble enough to act on the data is even more so. With demand forecasting being complex, it is easy to lose supplychain visibility. The presence of data throughout the supplychain is vital to its evolution.
One of the best ways to improve your corporate bottom line is to get supplychain costs under control, and fortunately there are some pretty straightforward things you can do to achieve this objective. What follows is a rundown of the 10 best ways to reduce supplychain costs — and to increase your profits.
This is no less true of the supplychain industry, which must manage high customer demand while simultaneously experiencing unprecedented labor issues. What’s more, the physical rigors and repetitive nature of supplychain work are creating massive challenges when it comes to employee retention.
During this period he also finished his MBA in logistics and supplychain at Danube University. Christoph Grasl (CG): It all started with the vision of a handful of logistics experts from all over the world to create a new innovative platform for the logistics and supplychain industry.
At the onset of 2016, we identified key trends to watch for in manufacturing, and as the year draws to a close, it’s time for an evaluation of our predictions to discover the state of manufacturing. This is the fundamental concept behind most supplychain processes, so let’s take a closer look at what was expected versus what happened.
Sometimes I just like to live on the edge, which is definitely a qualifying status for anyone bold enough to make predictions about the future of supplychain operations and management—but I just can’t help myself. The supplychain talent gap will not be a concern in the supplychain of 2028.
According to Business Wire , “Supplychain analytics holds the key to mitigate a number of businesses complexities. It has the potential to enhance the end-to-end performance of the supplychain in terms of financial, operational, as well as managerial aspects.” It all begins with understanding what happened.
He or she has spent perhaps four to five years gaining a supplychain education, starting even before leaving high school, because he or she is passionate about working in the space. Schools Out: Let the SupplyChain Education Begin. Transitioning from Theoretical to Pragmatic SupplyChain Education.
While I’m a firm believer that innovation, not emulation, is the way forward for any company wishing to differentiate through its supplychain, I also believe that reinventing the wheel is something to be avoided if possible. 4 Leading Operators with the SupplyChain X-Factor. The Sustainability Drive.
If you a senior supplychain manager, director, or leader of one of the functions touched by the supplychain, it’s for you too, as long as you have the ear of your company’s CEO. These are the essential facts that every CEO should know about the supplychain —the lifeline for a business and its customers.
The pandemic has placed unprecedented pressure on manufacturing companies, which have been forced to adapt to supplychain interruptions, market shifts and labor shortages. IoT sensors in the supplychain and robotics in factories are fluently available. Sustainable supplychains.
Why measure the performance of a supplychain? Because a supplychain is increasingly the sole competitive differentiator for an enterprise, and measuring its performance helps to improve it and detect and solve any problems. However, traditional enterprise measures of performance do not work for supplychains.
Supplychain management is a field where Big Data and analytics have obvious applications. Until recently, however, businesses have been less quick to implement big data analytics in supplychain management than in other areas of operation such as marketing or manufacturing.
The pandemic has placed unprecedented pressure on manufacturing companies, which have been forced to adapt to supplychain interruptions, market shifts and labor shortages. IoT sensors in the supplychain and robotics in factories are fluently available. Sustainable supplychains.
If you follow the Logistics Bureau blog, you might recall that we have, once or twice, made passing reference to the concept of the circular supplychain , primarily in our articles focused on developing trends in the supplychain and logistics sector. Circular supplychains are Deborah’s passion.
SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supplychains. the digitisation of manufacturing. What is 3PL?
Is it a good idea to reduce working capital in a supplychain? However, it corresponds to the amount of money you need to keep your supplychain working, so in reality you want to decrease it – without hurting supplychain performance, of course. Yes, in general. Levers for Reducing Working Capital.
In a prior post , I wrote about the various ways data is transforming global supplychains. Data should also be inspected at a unit level, as well as at an aggregate level, as the latter can illuminate bigger-picture trends. Of course, there is much more that goes into effectively implementing each of these safeguards.
Shipping and freight professionals want to change their supplychain strategies post-Covid, according to a recent survey. Answered by over 300 Shipping and Freight Professionals across the world, the survey brought out some key indicators that will inform the future course of global supplychains.
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