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When one thinks of supply chain software vendors, the name InterSystems may not spring to mind. The company aims to change this with the expansion of its data fabric portfolio. A supply chain data fabric can help companies augment their supply chain processes. This realization led to a new focus on agile planning.
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.
Situation Companies are increasingly confronted with complex planningscenarios due to predictable events such as mergers and acquisitions, category expansions, supplier changes, and distribution evolution, as well as disruptive events including demand volatility, material shortages, capacity constraints, and logistical surprises.
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.
Today's supply chains are networked, global ecosystems. How prepared are supply chain teams to react and recover from a planning maturity stance? Time allocated to data collection: Data quality is a considerable pain point. How much time do teams spend on data vs. creative decision-making and discussion?
These sensors capture precise data on factors like location, speed, fuel usage, and driver behavior, transforming fleet management from reactive to data-driven decision-making. The IoT data allows managers to detect inefficiencies, predict maintenance needs, and even assess driver performance.
Supply Chain: Cash or Trash with Seth Page. Seth Page and Joe Lynch discuss supply chain: cash or trash. Seth is the COO of ThroughPut.ai , an artificial intelligence (AI) supply chain pioneer that enables companies to detect, prioritize and alleviate dynamic operational bottlenecks in real-time. About ThroughPut Inc.
The industrial sectorparticularly supply chain management, is facing unprecedented complexity. While Generative AI (GenAI) has shown promise, its limitations in planning, workflow automation, and dynamic adaptation necessitate a more sophisticated approach. data extractors or image interpreters).
The COVID-19 pandemic has exposed many risks and uncertainties in supply chain networks. Materials shortages , demand fluctuations and plan t closures have led many organizations to revisit their supplier relationships, as well as distribution and production locations. Read on for common use cases. .
Speaker: Irina Rosca, Director of Supply Chain Operations, Helix
Organizations need to focus on demand driven supplyplanning, utilizing real time information on customer orders from all marketplaces (e-commence, Amazon - or other online retailers, and point of sale data from brick and mortar). etc) or online promotions (company run or 3rd party). April 3rd, 2019 11.00 AM PST, 2.00
Why Transformation Is a Boardroom Priority Supply chain management is now a core strategic concern for business leaders. Companies that fail to modernize face supply shortages, revenue loss, and regulatory risks. Companies that fail to modernize face supply shortages, revenue loss, and regulatory risks.
Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. This helps organizations reduce risk and tail spend, optimize working capital, and ensure production uptime to meet customer needs.
The logistics and supply chain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Businesses face heightened uncertainty in managing costs and securing stable energy supplies.
Imagine a world where supply chains run with complete transparency, efficiency, and automationwhere every transaction, shipment, and payment are executed seamlessly without intermediaries slowing things down. For decades, supply chain management has encountered bureaucratic bottlenecks, inefficiencies, and trust issues.
ARC Advisory Group has been covering the Supply Chain Planning ( SCP ) market for 17 years. The pandemic brought home the need for companies to run agile and resilient supply chains. Supply chain agility reflects a company’s ability to respond quickly to surges or plummeting demand.
Today’s supply chains are fraught with uncertainties across demand and supply yet are tasked with adding incremental value to their organizations while also meeting commercial, working capital and sustainability goals. The challenge for supply chain teams lies in increasing knowledge to create value amid this complexity.
This shift in how goods are ordered, packed and delivered has reshaped not only the way LTL shipping operates but also how it integrates with broader supply chains and customer expectations. Real-time tracking allows carriers to adjust on the go, while AI and machine learning enhance load planning and reduce deadhead miles.
She brings almost 20 years of supply chain and benchmarking experience to DAT, where she is focused on providing actionable insights to shippers through DAT’s Benchmark Analytics and Rateview benchmarking tools. DAT.com is constantly evolving and introducing new features to meet the changing needs of the transportation industry.
An efficient supply chain strategy is one that takes every aspect of your supply chain 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 supply chain more efficient. What is Supply Chain Efficiency?
This year, a recurring theme that I saw was about using supply chain data to improve the customer experience across the entire value chain. Here are the ones that stood out to me, especially as it relates to supply chain data. The single data cloud runs on Snowflake, one of Blue Yonder’s partners.
Overcoming Supply Chain Disruptions with Shanna Greathouse and Tony Nichols. Tony Nichols , Shanna Greathouse , and Joe Lynch discuss overcoming supply chain disruptions. Tony and Shanna work at CarrierDirect , a company that specializes in helping companies minimize supply chain risk. About Tony Nichols. About CarrierDirect.
Given that we are in the age of AI/ML, I often think of how the small deli where I worked was a perfect training ground for applying AI/ML in fresh supply chain planning. There are various use cases of AI/ML for fresh demand planning of products, from producers to large grocery chains and even small delis in suburban Pennsylvania.
When the pandemic started in 2020, no one could foresee the impacts of the global supply chain disturbances would last this long. Now the new norm is constant change, and agility is the name of the game when it comes to supply chain planning. Critical inventory disruptions/deficiency anywhere in the supply chain.
How Hurricanes Cause a Ripple Effect in Global Supply Chains The damage from hurricanes extends far beyond the ports themselves. Global supply chains are intricately connected, and even a small delay in ocean freight shipments can cascade into significant disruptions worldwide. companies but global operations.
This award featured two main categories, Small Business <$50 million and Enterprise >$49 million, and then five sub-categories within each main category: Procurement/ERP Software, Robotics, Supply Chain Visibility Solutions, WMS/TMS Software and Warehouse Automation.
Chris Caplice and Joe Lynch discuss MIT Center for Transportation and Logistics and a wide range of logistics and supply chain topics. Twice the Council of Supply Chain Management Professionals has formally recognized him: the Doctoral Dissertation Award in 1996 and the Distinguished Service Award in 2016. He received a Ph.D.
Part of their transformation includes a journey to implement and improve their connected planning capabilities. Connected planning, based on the Anaplan solution, improves both their profitability and their service capabilities. Tata Steel Europe has a complex supply chain. So, what is “connected planning?”
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Effective supply chain planning is crucial for maintaining competitiveness and ensuring customer satisfaction in today’s fast-paced business environment.
Integrated Business Planning (IBP), as defined by its creators at Oliver Wight , is “the business planning process that extends the principles of S&OP throughout the end-to-end supply chain, product, service and customer portfolios, customer demand and strategic planning, to deliver one seamless management process.”
In today’s fast-paced e-commerce landscape, last-mile delivery has emerged as a critical component of the supply chain. Table of Contents [Open] [Close] Significance of Last-Mile Delivery Optimization Implementing Innovative Strategies The Role of Data Analytics Sustainability: A Necessary Focus 1. Avoiding Delivery Density Issues 3.
“May you live in interesting times,” widely attributed as a Chinese curse, some claim this as a blessing; whichever side you take, this is exactly what’s happening in the supply chain world since 2020, and it looks like we will be living with this blessing/curse for a while longer. Emerging Themes for Supply Chain Planning.
Artificial Intelligence (AI) is transforming logistics and supply chain 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 supply chain.
Jim is the CEO of Softeon , a global provider of supply chain solutions from planning through execution, anchored by a technology platform that has three pillars: Warehouse Management System (WMS), Warehouse Execution System (WES), and Distributed Order Management (DOM) system. About Jim Hoefflin. About Softeon.
Scott Fenwick, Senior Director Product Strategy for Supply Chain Planning at Manhattan Associates. Manhattan Associates, a leading supplier of supply chain and omnichannel management software solutions, recently had a major product release that will shake up the supply chain planning market.
According to Bloomberg , the coffee supply chain is struggling with constrained supply and increase in prices is inevitable. Traditional, linear supply chains struggle to adapt. This article explores how adaptive supply chains can help businesses thrive. This collaboration enables faster response times and cost savings.
How to Reduce Carbon Emissions in Your Supply Chain 1. Supplier Integration and Collaboration Building relationships with suppliers who are committed to sustainability is key to reducing your supply chain carbon footprint. These will require thinking through your specific supply chain, resources and organisation.
Like any Supply Chain, Retail Supply Chains have their own unique challenges. They’re different from the Supply Chains you might see in industrial companies or wholesaling companies. The retail supply chain is dealing with the consumer directly and the customer really is King. And they have very different dynamics.
Matrices are powerful mathematical tools that play a crucial role in supply chain management. They help businesses organize and analyze data, leading to better decision-making and improved efficiency. Introduction to Matrices in Supply Chain Management A matrix is a rectangular array of numbers arranged in rows and columns.
Adam Compain is the Founder & CEO of ClearMetal, a software company that specializes in international freight visibility, dynamic planning, and customer experience. ClearMetal is the market leader in international freight visibility, dynamic planning and customer experience. Data and accuracy. Dynamic transport planning.
Meeting today’s logistics challenges of the three C’s – customer service, carbon, and cost – companies are not just looking at gathering data, but also how to better interpret and understand this data, and then use it to drive additional value. Analyze and track your carbon footprint using logistics data.
Per $1 billion in company revenues, no supply chain application has a better return on investment (ROI) than network design! The larger the supply chain, the bigger the payout. This supply chain spanned across 24 nations. Scenarios are run, and the low-cost network that best meets customer service objectives is selected.
That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning.
We spoke with CTSI-Global to learn more about their approach to transportation management and the solutions they provide for businesses navigating the complexities of supply chain operations. These tools enhance transportation management by improving forecasting, optimizing logistics processes, and providing greater supply chain visibility.
In todays rapidly shifting business landscape, supply chain evolution has become essential. Lets explore the key elements of supply chain evolution, the challenges, and how to trade reaction for resilience. A mature supply chain leverages visibility, automation, and collaboration to ensure stability in the face of uncertainty.
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