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Companies that fail to modernize face supply shortages, revenue loss, and regulatory risks. A data-driven, technology-enabled approach is required to build resilience and efficiency. AI, automation, and sustainability initiatives are central to this transformation.
A large multinational is undergoing an impressive supplychaintransformation that will run through 2023. A Complex SupplyChain. Customization is provided for 5 different supplychains (for example, make-to-order, make-to-stock, etc.) A Transformation Journey.
Adam Compain, CEO at ClearMetal , discusses the following questions and more in this timely and informative episode: How do you define Digital SupplyChainTransformation? What does it mean to be transformation ready? How do you bring trading partners along and make sure they’re transformation-ready too?
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).
More importantly, it doesn’t mean your health will get transformed for the better. Since there didn’t seem to be a clear definition of digital supplychaintransformation available, I developed one from first principles. Using First Principles to Understand Digital SupplyChainTransformation.
At the ARC Industry Leadership Forum in February, I had the opportunity to sit down with John Delligatti, Director of Digital SupplyChainTransformation at SDI , to discuss the pandemic, Maintenance, Repair and Operations (MRO), and the future of supplychain management.
APQC conducts research on supplychain and logistics to help organizations assess the performance of their own processes and functions compared to their peers. Most recently, the APQC has conducted best practice and benchmarking research on digital transformation.
The percentage of purchases made and fulfilled through digital commerce has exploded in the past two years, advancing a pre-pandemic trend by as much as 10 years according to some industry watchers. Automate, automate, automate – This is not a new idea or trend.
Transformation tornado hit the logistics and reshaped its trends and goals for the challenges to come. So, what key trends and forces will be shaping supplychains during 2023? Supplychain planners will have to reconsider their strategy and transformdata-driven decisions due to increased sustainability KPIs.
But as you can see from the list below, technology-related topics and trends — such as blockchain, artificial intelligence, and “the digital supplychain” — are also attracting a lot of interest and attention. SupplyChain Control Towers: Visibility, Collaboration, and Optimization. New Episodes.
I recently completed a survey with Transporeon on the importance of time slot management solutions and interviewed Transporeon’s CEO Stephan Sieber to get more insight into the trends in time slot management. The network effect is at the heart of supplychaintransformation. Here are some of the key findings.
It’s a journey many people and companies are talking about today, but what exactly does “digital supplychaintransformation” mean? What is Digital SupplyChainTransformation? Let’s begin with a definition of what digital transformation really is. The big question, of course, is how to get started.
The Main SupplyChainTrends for 2024 | Image source: Flickr.com The supplychain will have a difficult time adjusting to a world that is changing rapidly in 2024. In 2024, risk mitigation, supplychain control, and operational resilience will all depend on data analysis and information visibility.
While it’s imperative to focus on budgets and business initiatives that will take precedence over the next year, it’s just as important to keep an eye on the big-picture trends that are shaping the industry. o9 Solutions’ supplychain experts and leaders are sharing their insights on the trends that could become prevalent in 2023 and beyond.
The Role of Data Analytics in SupplyChain Management | Image source: Pixabay This article describes the transformation that data analysis and the supplychain are fostering and how it will impact business intelligence. Find out more about this current topic.
The NCAA March Madness Final Four frenzy has transformed the sport as we know it. Are there any parallels between the tournament and supplychaintransformation? Digital Supply Networks: Your Team Captain. A Digital Supply Network is the captain on the court for you here.
Often times at Logistics Viewpoints, we like to look to the future and highlight the key trends that we see in a given market, or make predictions about what technologies will emerge as game changers in the new year. Here are some highlights from these trends in 2023 and implications on supplychain planning.
Look for a 3PL provider that offers a TMS and technological capability to provide real-time data to drive optimized decision-making and automation. SupplyChainTransformation. The vital role that 3PLs providers play in a supplychain is to connect carriers and shipper customers.
Last week, Clint Reiser published an article highlighting our 2022 supplychain predictions. While we have published predictions about supplychain technology trends at the beginning of the year in past years. This year we have decided to lead with our predictions about the broader supplychain function.
SupplyChains Went Digital. 2016 marched onward with a drive to improve the use of digital technology throughout the supplychain. In the first supplychaintrends post, we surmised the previous year’s trends would continue.
Benchmark progress against industry averages based on organisational goals and anonymised industry data. Seventy-two percent stated that enterprises will continue to digitise and integrate new technologies, meaning supplychains will have to continuously adapt.”. “We Track progress via a single summary dashboard.
What are the prerequisites to digital supplychaintransformation? Ty explains that these and other electronic documents, together with many paper-based forms, are static data sets that generally cannot be automatically understood and used by digital supplychain applications.
To provide a comprehensive overview, the author draws from various academic studies, reports, and surveys to shed light on the latest trends and best practices in supplychain management. Embracing Digital Transformation in SupplyChain Management: A Survey of Small and Medium-sized Enterprises and Startups.
John Langley, clinical professor, supplychain information systems and director of development, Center for SupplyChain Research at Smeal College of Business at The Pennsylvania State University , founded the study in 1996. NTT Data and Penske Logistics are the major sponsors of the 2022 edition.
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).
Cloud & Big Data. The Infosys global supplychain management blog enables leaner supplychains through process and IT related interventions. Discuss the latest trends and solutions across the supplychain management landscape. « SupplyChain Agility - Is it for Real?
Leading companies in the fresh produce sector have recognised this and are taking more control of the end-to-end value chain —some to a much greater degree than others. Vertical Integration: The trend among fresh supplychain leaders is one of vertical integration.
Both types of administration labour under similar pressures too, which is why healthcare systems around the world are now paying more than lip service to supplychain simplification and improvement. Trends in Hospital SupplyChainTransformation. Cutting the Cloth With RFID in Europe. Concluding Thoughts.
Keeping up with a complex, multi-layered, global industry is harder than most people think, so we decided to share a list of industry experts who share perspectives, news, trends and timely data on a regular basis on Twitter and Linkedin. Rogers is Flexport’s Principal SupplyChain Economist. Kelly Barner.
Simply put, while it’s impossible to predict what will happen with oil and diesel prices in the future, the current trend is certainly not favorable to freight spend budgets. Other warehouses have converted to “cross-dock” facilities to handle last-mile delivery of bulky items. Last year at this time the price was $2.481 — a 30.7
JDA Partners with MuleSoft to Power Seamless Connectivity for Digital SupplyChainTransformations. Don’t get me wrong, I believe blockchain has the potential to improve supplychain processes , but like every other technology on the planet, it’s not a silver bullet solution, it’s not a miracle cure.
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