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In a survey we conducted in October 2020, 91% of our Indago supplychain research community members, who are all supplychain executives from manufacturing, retail, and distribution companies, either Agreed or Strongly Agreed that the time had come to transform the traditional transportation procurement process.
According to research by Ernst & Young LLP, the global consulting firm, as the Covid crisis recedes, supplychain executives are losing the strategic gains they made with their C-suite counterparts. 28% of supplychain leaders cite cost reduction as one of the top three priorities currently.
landfall Wednesday in Siesta Key, 70 miles south of Tampa, with the combination of heavy rainfall and damaging winds dealing a blow to central Florida’s supplychain. Port Everglades’ landside operations resumed Thursday morning and waterside operations are expected to resume Thursday, pending channel and berth damage surveys.
Learn how to organize your data operations in alignment with supplychain strategy. Forward-thinking supplychain professionals are looking to advanced technologies to streamline processes, improve accuracy, accelerate delivery and reduce costs. Finding Transformative Opportunities in the SupplyChain.
Port congestion is a standout topic in current conversations surrounding logistics and the supplychain. This report, built from extensive surveydata from a myriad of shippers and logistics providers, shines light on visibility gaps that have contributed to the current crisis of port congestion.
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.
Rik Schrader and Joe Lynch discuss logistics and distribution transportation, which is one of the specialties of Rik’s company, Körber Business Area SupplyChain. About the Körber Business Area SupplyChainSupplychains are growing more complex by the day. Conquer supplychain complexity – with Körber.
BlackBerry Limited (NYSE: BB; TSX: BB) has revealed new research exposing the magnitude of software supplychain cybersecurity vulnerabilities in the UK public sector. Worryingly, it took more than two in five of organisations more than a week to recover.
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.
Indago ResearchCasts are video episodes where we share data and insights from our Indago supplychain research community and discuss them with subject matter experts in the industry. Ron and I discuss the findings from three Indago surveys we conducted.
He joined Reliance Partners in 2021 and has been leading efforts to drive big data and Insurtech initiatives across the enterprise to deliver a smarter insurance experience. There will be less clerk work and more data science work so employees must be trained for their new role. Digitizing SupplyChains Proving to be Slow Go.
Today marks a pivotal moment for the transport industry as Women in Transport launches its second annual Women in Transport Equity Index Survey , a global benchmark for tracking diversity and equity in the transport sector. Equity and diversity are vital to the future of transport, and we’re proud to lead this essential work.”
Today’s article is the fifth part in a series featuring surveys from APQC on supplychain topics including ESG in supplychain , environmental sustainability , last mile , digital transformation. In May 2024, APQC gathered insights from supplychain professionals on Robotic Process Automation in supplychain.
A look at the supplychain trends and technology that will come into play in 2018. Here is a look at how some companies in the supplychain sector are preparing themselves for the months to come. Here is a look at how some companies in the supplychain sector are preparing themselves for the months to come.
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.
The survey was conducted by ISACA and the Digital Manufacturing and Design Innovation Institute (DMDII) in August 2018, captured responses from 167 participants from across ISACA, DMDII and Manufacturing Extension Partnership stakeholders. Three-quarters of U.S. manufacturing firms have fewer than 20 employees and 98% have fewer than 500.
We’ve seen how the lockdowns in Shanghai snarled global supplychains. The most significant expectations for the 2022 peak shipping season come from the growth of e-commerce and its impact on global supplychains. Bottlenecks from future COVID-19 variants are possible. Weather events might also be factors.
Big data is only useful if you understand the metrics and can connect them to the important areas of your business. But how do we turn inventory management data and other key metrics into business intelligence? This article explores general insights behind the data found in the evans365 portal and what it means for your business.
Acronyms abound when it comes to supplychain. Today’s article is the fourth part in a series featuring surveys from APQC on supplychain topics including environmental sustainability , last mile , and digital transformation. Over the last few years, another acronym has been showing up on the radar: ESG.
Supplychain risk solutions are hot. Exiger’s CEO, Brandon Daniels, told me they were larger than their three largest supplychain risk competitors combined. Modern supplychain risk solutions are marvelous pieces of technology. First, it is done through surveys. Lately, Exiger has been in the news.
More Resources Home Red Sea Crisis and Early Peak Season Surge Disrupt Global SupplyChains for some SMBs Judah Levine July 24, 2024 Since early May, supplychains have faced significant disruptions due to congestion caused by Red Sea diversions and an early start to ocean freight’s peak season.
The phrases “transitory inflation” and “supplychain disruption” have been frequently used in the general and business news media this summer. Certainly, supplychain constraints are a partial cause of the current above trend inflation. Data as recent as the end of June 2021 show that inventories remain below 1.3
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.
The solutions to supplychain problems boil down to the right combination of three factors—technology, data and processes. In the supplychain, problems are often overcomplicated. However, manufacturers, 3PLs and others in the supplychain often get lost in the details. That’s not true.
Having an effective supplychain practice has always been a difficult balancing act, even in relatively stable times. The pandemic has exposed flaws in business practices across industries, which have been acutely felt in their supplychain and procurement operations. Gap between supplychain and procurement.
Supplychain executives should take no comfort in being categorized as a support function. They need to ensure that their supplychain function ensures the sustained growth of their organizations. The research report, Drive Your Own Disruption: Is your supplychain in sleep mode?
The COVID-19 pandemic has exposed many risks and uncertainties in supplychain networks. Current Technologies in Use for SupplyChain Network Design . This means that you can target very specific parts of your demand data and dynamically run different scenarios in those conditions to measure its effect.
While the pandemic was undoubtedly the catalyst for recent supplychain disruptions it’s not the only cause. Longstanding weaknesses in the supplychain like port infrastructure, outdated supplychain strategies and impacts of natural disaster and wars have all further affected global supplychains.
When the pandemic started in 2020, no one could foresee the impacts of the global supplychain disturbances would last this long. Now the new norm is constant change, and agility is the name of the game when it comes to supplychain planning. Critical inventory disruptions/deficiency anywhere in the supplychain.
First, in the early 2000s, advancements in data analytics, RFID, and localized supplychains fueled the rise of “fast fashion.” With the growth of these sites and the rise of micro-trends driving consumerism, the fashion supplychain is rapidly evolving, leaving behind significant environmental challenges for future generations.
Descartes’ 2024 Global Transportation Management Benchmark Survey shares responses from more than 630 companies, indicating there is a correlation between financial performance and the strategic importance senior management places on transportation. Unsurprisingly, only 24% of Not Important companies self-identify as early adopters.
Companies around the world are urgently seeking ways to better plan around demand uncertainty and improve supplychain resilience and agility. CSCMP and ToolsGroup will reveal analysis from a crucial new global survey which reveals: What planning challenges are top-of-mind for supplychain leaders.
They aim to create win-win situations for both drivers and employers, leading to happier drivers, lower turnover, and ultimately, a stronger supplychain. Data-Driven Approach: Drive My Way leverages data and analytics to continuously improve their matching algorithm and platform.
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.
In late 2023, Descartes conducted a survey of 1,000 supplychain and logistics decision-makers across North America and Europe across three sectors: manufacturing, distribution and retail; carriers; and logistics services providers. The study also provided insight into what companies are doing to address it.
According to one survey , only 27% of leaders believe that they have the talent needed to meet current supplychain performance requirements. What should supplychain leaders be looking for to close the talent gap? AGCO Logistics Team Accepts Prestigious SupplyChain Award.
You have tough decisions to make about your supplychain network design. About 38% of supplychain professionals say it takes weeks and 18% say it takes months to get the answers they need. What are the top 5 barriers to supplychain network design adoption? . Ho w do you overcome these issues? .
Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supplychain leaders to reconsider supplychain inventory practices. planning offers an alternative to swinging the pendulum and as the strategy that provides the supplychain resilience leaders seek.
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? .
In late 2023, we conducted a survey of 1,000 supplychain and logistics decision-makers across North America and Europe across three sectors: manufacturing, distribution and retail; carriers; and logistics services providers. The results of the research report How Bad Is the SupplyChain and Logistics Workforce Challenge?
While the supplychain pressures that have built up over the last two years continue to abate as transportation capacity problems ease and consumption shifts from goods to services, newer challenges and opportunities lie ahead. As we turn the page on 2022 , I’d like to make five supplychain predictions about what to expect for 2023.
And Logistics Viewpoints has a history of its own supplychain predictions for the year ahead. My colleagues and I will likely publish a detailed list of predictions related to supplychain operations and technology. Here are some data that support my view. Media sources are filled with prognostication.
The supplychain management uncertainty in the post-COVID world shows no signs of letting up. With current conditions, it looks like there may never be a return to the pre-pandemic era of supplychain stability. How SupplyChain Management is changing. Benefits of a SupplyChain Management solution.
Oracle’s recent global survey, No Planet B: How Can Businesses and Technology Help Save the World? Difficulty tracking their ESG progress due to a lack of data. Complexities integrating data from across global supplychains. Start with your supplychain. There’s no time to waste.
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