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Supplychain practitioners seeking the best way to speed decision intelligence, unify supplychaindata, and increase operational efficiency can benefit from a supplychaindata gateway.
Our daily lives are inundated with data. Supplychain teams face a similar dilemma – companies are overloaded with vast amounts of data, and the ability to sift through the noise and focus on relevant insights has become a critical capability. Why Context Matters Context transforms data into actionable insights.
Schneider Electric has been working to simplify its supplychain over the last few years. This French public multinational was selected as having the best global supplychain by a leading analyst firm. Schneider Electric’s supplychain operation is of great interest to other practitioners.
When you talk to companies that have implemented enterprise or supplychain applications, executives will usually admit that they have under-invested in training and preparing users to use the new technology. Molex implemented a multi-enterprise supplychain network platform from SAP called SAP Business Network.
Today's supplychains are networked, global ecosystems. The COVID-19 pandemic is an extreme example of how this unfolds in practice. How prepared are supplychain teams to react and recover from a planning maturity stance? Time allocated to data collection: Data quality is a considerable pain point.
Many global multinationals accelerated their investments in digitizing data during the pandemic. According to Colin Masson, a director of research at ARC Advisory Group, the opportunity to mine these vast quantities of data to achieve business value is “NOW.” Mr. Masson leads ARC’s research on industrial AI and data fabrics.
Data is a big buzzword across industries, but how about when it comes to logistics? William shares how they transform data into critical actionable information that optimizes and powers operations throughout businesses. Beyond The Data with William Sandoval. Our topic is beyond the data with my friend William Sandoval.
Jack Fiedler, the vice president for digital transformation of the global supplychain at Lenovo Lenovo is ranked tenth by one leading analyst firm among a list of global companies with exceptional supplychains. We run one of the few truly hybrid supplychain networks. That has worked out well for us.
An efficient supplychain strategy is one that takes every aspect of your supplychain into account, from inventory management and warehouse design to freight tendering and transport optimisation. Let’s look at some of the best ways to make your supplychain more efficient.
Speaker: Brian Dooley, Director SC Navigator, AIMMS, and Paul van Nierop, Supply Chain Planning Specialist, AIMMS
This on-demand webinar shares research findings from SupplyChain Insights, including the top 5 obstacles that bog you down when trying to improve your network design efforts: Poor data quality. How can you build this capability in-house and get the answers you need in a timely way? Lack of skilled resources.
Over his 30+ year career in the supplychain, Richard has worked with manufacturers around the world in operations, supplychain, and lean strategy roles to develop systems that can manage complex supplychains on a global scale. Richard previously founded and led Factory Logic, Inc. acquired by SAP).
Ted Krantz, CEO of Interos Interos , a company providing supplychain resilience and risk management software, emailed me to say that there was a supplychain risk everyone seemed to be ignoring – AI-related risks. Most argue that when the UI is trained with the companys own data, the risk of hallucination is small.
Supplychain automation refers to the tools and technologies we can use to make manual tasks automated, reducing the need for human workers. It’s sometimes misunderstood, but it’s actually integrated into almost all supplychains nowadays in av ariety of different ways. What is SupplyChain Automation?
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?…
How Hurricanes Cause a Ripple Effect in Global SupplyChains The damage from hurricanes extends far beyond the ports themselves. Global supplychains are intricately connected, and even a small delay in ocean freight shipments can cascade into significant disruptions worldwide.
If you’ve ever tried to buy a new car during the chip shortage or waited months for furniture delivery, you’ve experienced firsthand what happens when supplychains break down. Supplychain resilience is your business’s ability to bounce back when things go wrongand in today’s world, things will go wrong.
If you were tasked with procuring the best supplychain IT system, what would you look for? Let me explain the typical integration: ERP serves as your foundation – it handles all your basic business transactions and maintains your master data. On top of this, APS uses the data from your ERP to create optimized plans.
Customer service is not the first thing that most people think of when it comes to logistics, but it’s an integral part of the supplychain. After working with hundreds of companies over decades, you’d probably be surprised by how many are getting things wrong.
How to Reduce Carbon Emissions in Your SupplyChain 1. For example, switching from air to ocean freight for non-time sensitive shipments can reduce carbon emissions by up to 95% per unit shipped. This means deploying supplychain carbon accounting software, setting clear KPIs for emission reduction and regular carbon audits.
This is especially relevant to supplychain management, which is in the process of changing to take advantage of new technology that can make things more efficient. We sometimes refer to this process as supplychain transformation. What is SupplyChain Transformation?
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.
Image source: Pexels | 7 Cost-Saving Tips Every SupplyChain Manager Should Know Managing costs effectively is crucial for success in the competitive supplychain world. Here are seven proven strategies every supplychain manager should explore to streamline operations, boost efficiency, and drive profitability.
This year, a recurring theme that I saw was about using supplychaindata to improve the customer experience across the entire value chain. Here are the ones that stood out to me, especially as it relates to supplychaindata. The single data cloud runs on Snowflake, one of Blue Yonder’s partners.
Thats what well explore in the article, both as a general indication of the supplychains impact on future business performance, and a guide for potential investors. Which SupplyChain Approaches Will Drive ROI for Investors?
Guy Courtin is Vice President and Industry Principal of Retail at Tecsys, a global provider of supplychain solutions that equip the borderless enterprise for growth. Guy Courtin is Vice President and Industry Principal and Retail at Tecsys , a global provider of supplychain solutions that equip the borderless enterprise for growth.
Artificial Intelligence (AI) is transforming logistics and supplychain management, driving an era of heightened efficiency, innovation, and sustainability. The future of AI in logistics promises even greater advancements, with emerging trends pointing toward a more intelligent, responsive supplychain.
Key Challenges in Fresh Grocery & Supermarket SupplyChains. Original article: Key Challenges in Fresh Grocery & Supermarket SupplyChains. Grocery retail supplychains have known a not-so-subtle secret for a number of years now: fresh is in. The Challenges of Grocery Retail SupplyChain.
In todays rapidly shifting business landscape, supplychain evolution has become essential. Lets explore the key elements of supplychain evolution, the challenges, and how to trade reaction for resilience. Benefits of resilient supplychains include: Improved Agility: Respond quickly to market changes.
Harvard Business Review recently published an article, “ To Build Resilience, CEOs Need to Become Supply-Chain Experts ”. In this article, we wanted to discuss one aspect of supplychain that is often not given enough attention – building strategic relationships and shared value with direct spend suppliers.
ARC analysts have published predictions about supplychain technology trends at the beginning of the year in past years. SupplyChain Disruptions Will Diminish, but Remain Substantial. SupplyChain Disruptions Will Diminish, but Remain Substantial. We expect direct impacts to diminish in 2022.
How to Improve Exception Management with End-to-End SupplyChain Visibility. Original article: How to Improve Exception Management with End-to-End SupplyChain Visibility. This is why end-to-end visibility in a supplychain is so important. Shipping Exceptions & Exception Management in SupplyChains.
Duncan Angove, CEO Blue Yonder Blue Yonder , is one of the largest providers of supplychain software. Both are contributing to a rewiring of the automotive supplychain industry. Returns, Mr. Tollefson pointed out, is an example of an application that must have the network at its core.
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. Artificial intelligence is beginning to be used to update the data.
In our previous blog, we explored how matrices enhance supplychain efficiency, from inventory management to logistics. This post dives into advanced applications of matrices, showing how AI, machine learning, and automation are transforming supplychains. Now, were taking it a step further. In case you missed it!
Over the past year, global supplychains have faced relentless disruptions across multiple fronts, writes Matt Gregory (pictured), Managing Director Northern Europe, Körber SupplyChain Software. China trade disputes, have intensified pressure on supply networks. Geopolitical tensions, including the prolonged U.S.-China
According to Bloomberg , the coffee supplychain is struggling with constrained supply and increase in prices is inevitable. Traditional, linear supplychains struggle to adapt. This article explores how adaptive supplychains can help businesses thrive.
For example, an ERP for automotive distributors needs to include not just a standard sales function but also allow for automotive-specific processes like call-offs and contract pricing, as well as other processes like returns and lot traceability. An ERP provides a central repository for all a distributor’s data.
ARC Advisory Group has been covering the SupplyChain Planning ( SCP ) market for 17 years. The pandemic brought home the need for companies to run agile and resilient supplychains. Supplychain agility reflects a company’s ability to respond quickly to surges or plummeting demand.
Now more than ever, organizations must prepare their supplychain for the present and the unknown challenges and opportunities in the future. Integrating external factors like consumer price indexes, GDP trends, climate change, and others into the forecast can improve signaling for supplychain design.
Supplychain resiliency and sustainability are top priorities for CEOs today. To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supplychains to collaborative supply networks and actively design their supplychains.
Getting started with AI in supplychain might not start where you think. Instead start with the foundation of your AI strategy, which should be an understanding of your company’s supplychain and your data. Since this advice on getting started with AI in supplychain may seem counterintuitive, let me explain.
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.
Cyberattacks seem to be growing in prevalence and severity, particularly those around the major supplychains in the US, including both the fuel supplychain and the food supplychain. SupplyChain Cybersecurity Risks Continue to Exist Around the Globe.
IBP is a collaborative process involving diverse business functions that is designed to balance demand against supply in a manner that maximizes the goals of that company. This is, at many companies, a month-long process that produces a supplychain plan that spans out over several months – often 24 or 36 months.
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