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Mike Baudendistel and Joe Lynch discuss the CPG supplychain. Mike is the Head of Intermodal Solutions at SONAR, the leading freight market analytics tool and dashboard, aggregating billions of data points from hundreds of sources to provide the fastest data in the transportation and logistics sector.
The industrial sectorparticularly supplychain management, is facing unprecedented complexity. Lets delve into the core concepts of AI Agents and multi-agent workflows, their relevance to what ARC Advisory Group calls Industrial AI , and their potential to revolutionize supplychain management.
Imagine a world where supplychains run with complete transparency, efficiency, and automationwhere every transaction, shipment, and payment are executed seamlessly without intermediaries slowing things down. For decades, supplychain management has encountered bureaucratic bottlenecks, inefficiencies, and trust issues.
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.
Neal is the Chief Executive Officer and Co-founder of Farelanes, a company specializing in providing real-time lane pricing data for the logistics industry. About Neal Huffman Neal Huffman is the Chief Executive Officer and Co-founder of Farelanes, a company specializing in providing real-time lane pricing data for the logistics industry.
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.
The COVID-19 pandemic has exposed many risks and uncertainties in supplychain networks. How are companies leveraging scenario modeling for network design and optimization ? Current Technologies in Use for SupplyChain Network Design . Read on for common use cases. .
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?
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.
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.
Data fabrics, knowledge graphs, a digital thread, and digital twin technologies are critical. The Need for Speed When you talk to supplychain planning software suppliers, they identify similar trends. And the trends they are focused on have a direct impact on their product development plans.
There are some young supplychain technologies that are getting a lot of buzz. In this article, the main hyped, promising, and solid solutions but widely adopted technologies in supplychain management are discussed. We continue to see companies pitching their blockchain solutions in the supplychain realm.
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. Cloud services have not yet dissociated themselves from all physical supports, but they are changing what is supplied to whom and how.
Industry Applications: The platform is designed to handle tasks such as answering inquiries, managing customer interactions, and scheduling, thereby improving efficiency in sectors like logistics, debt collection, retail, medical insurance, and media publications. Scalability and Efficiency: By automating routine communications, CloneOps.ai
Matrices are powerful mathematical tools that play a crucial role in supplychain management. They help businesses organize and analyze data, leading to better decision-making and improved efficiency. Introduction to Matrices in SupplyChain Management A matrix is a rectangular array of numbers arranged in rows and columns.
Autonomous delivery vehicles (ADVs) are bringing significant changes to last-mile logistics, an essential component of the supplychain. Machine learning improves the vehicle’s performance by analyzing data from past deliveries and refining its operations.
A look at the supplychaintrends and technology that will come into play in 2018. While predicting the future is never an easy task, in order to be competitive all businesses need to be able to accurately anticipate what trends will affect them in the coming year. Standardizing IoT. Investing in Innovation.
As I was enjoying the holidays, I had an opportunity to reflect on the year past and what the future holds for supplychains. However, organizations will need to be deliberate in designingsupplychains with optionality so it does not become cost prohibitive. SupplyChainDesign is essential in tackling these.
Adam has built memorable growth stories for numerous companies throughout the supplychain, healthcare, and technology industries, and is a leading mind for growth and marketing in the B2B space. They also offer supplychain and logistics services specifically tailored to the trucking industry.
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 supplychaindesign.
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.
The integration of technologies and the digitization of supplychain and logistics will continue to transform the industry in 2019. According to Statista , 21.1 % of supplychain executives found visibility to be the top challenge facing supplychains in 2018. In second place, 19.7% Capacity Crunch.
There are some young supplychain technologies that are getting a lot of buzz. In this article, the main hyped, promising, and solid solutions but widely adopted technologies in supplychain management are discussed. We continue to see companies pitching their blockchain solutions in the supplychain realm.
That’s why staying on top of the latest supplychain 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 supplychain planning.
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, SupplyChain Visibility Solutions, WMS/TMS Software and Warehouse Automation.
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!
From shortages of personal protective equipment to a variety of grocery items to electronics and apparel, coronavirus ( COVID-19 ) has hit the global supplychain in expected and unforeseen ways, and it seems likely that it could take many months to recover. Bringing Analytics to SupplyChain Management.
If your company’s supplychain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supplychain resiliency test. Supplychain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks.
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.
Steve is he Vice President of Digital Strategy at Blue Horseshoe , part of Accenture, a company that helps companies reimage fulfillment operations to align with business goals, address market trends, and meet customer demands. 5 – Data insights. Blue Horseshoe SupplyChain Cloud Videos. About Steve Shebuski.
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 supplychain operations. Heres what they shared about their services and capabilities.
History of SupplyChain Management. Over the last 100 plus years of the history of supplychain management has evolved from an initial focus on improving relatively simple, but very labor-intensive processes to the present day engineering and managing of extraordinarily complex global networks.
In today’s fast-paced e-commerce landscape, last-mile delivery has emerged as a critical component of the supplychain. In this article, we will explore these last-mile delivery optimization strategies and the role of route optimization software as we look ahead to industry trends shaping the future of delivery in 2025.
Waste has been the default setting of supplychains for decades. A circular economy , where materials are reused, repurposed, or recycled to create a more sustainable supplychain that minimizes waste and maximizes value. Raw materials are extracted, transformed into products, used, and eventually discarded.
Again and again, digitization and data were at the heart of panel and networking conversations. Even headline speakers were professing “data got sexy” and data is now a core strategy for companies looking to succeed. SupplyChain Analytics Maturity Model (Source: Hackett Group).
FRAYT’s Preferred Driver Program is designed to reward and recognize the best drivers in the industry. FRAYT provides ongoing training and support to help preferred drivers improve their skills and stay up-to-date with industry trends and regulations. The Greenscreens.ai
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.
Blockchain technology is a major disruptor in the supplychain. It stands to change the game as we know it by giving companies a better way to ensure traceability throughout vast supplychain networks. In order to properly disrupt the supplychain of today, you need to know everything there is to know about it.
Through data-driven transportation management , carriers can finally become more strategic and tactical, thriving through good and bad times. Achieving that goal hangs on a carrier’s ability to capture meaningful data. Autonomous processes are only as valuable as the data that powers algorithms and decision-making.
That’s the question that continues to bedevil the global supplychain industry. As I detailed in a recent column , the answer to constant supplychain volatility is pervasive real-time visibility into the precise location, temperature or status of a shipment — at any point along the journey. Where’s my shipment? .
Editor’s Note: Our “ Research in Focus ” series highlights research conducted by select partners on timely and important trends impacting supplychain and logistics professionals today. The best way to beat out the competition is to run a tighter ship, which means gaining complete control and visibility over your supplychain.
This trend, known as reshoring , is driving the emergence of regionalized freight networks , optimizing supplychains for efficiency, cost savings, and resilience. Automated fulfillment centers designed for faster order processing and shipping. Real-time data analytics to improve logistics strategies.
Shortages of products from toilet paper to microchips during the coronavirus pandemic highlighted the value of supplychain resiliency, and the opportunities for companies that aren’t as prepared as they would like. By contrast, supplychains that are too lean may not have enough flexibility and redundancy to survive unscathed.
As a supplychain executive, picture beginning your day with a cup of coffee when a news alert notifies you of newly imposed tariffs affecting your primary suppliers in China. An automotive company I collaborated with conducted detailed modeling of potential tariff impacts on semiconductor supplychains.
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