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Supplychain practitioners seeking the best way to speed decision intelligence, unify supplychain data, and increase operational efficiency can benefit from a supplychain data gateway. Here are 10 ways a supplychain data gateway can improve your performance across the end-to-end supplychain.
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.
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. Decision-makers must operate with agility and speed, often orchestrating complex scenarios across vast supplychain networks.
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.
Today's supplychains are networked, global ecosystems. An event upstream in a different country or region can cause considerable disruption downstream. 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?
Supplychain practitioners seeking the best way to speed decision intelligence, unify supplychain data, and increase operational efficiency can benefit from a supplychain data gateway. Here are 10 ways a supplychain data gateway can improve your performance across the end-to-end supplychain.
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.
Global supplychains have been tested repeatedly by a series of disruptive events, including the COVID-19 pandemic, U.S.-China In response, many organizations have shifted toward decentralized and regionalized supplychain models, distributing production and sourcing across multiple regions.
CONA Services Provides a Common Platform for SupplyChain Collaboration CONA Services LLC is an IT services company owned and governed by the 11 largest Coca-Cola bottlers in North America. Its main applications include SAP for backend transactions, Blue Yonder for supplychain management , and Salesforce for sales.
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.
Five years ago, we all thought the COVID-19 pandemic resulted in the most disrupted supplychain landscape we would ever see. Since then, supplychain disruptions and volatility have only increased. We were wrong. Today the question is not just When is the next disruption coming? billion to $23.07
At a time when the global supplychain is ostensibly dealing with more simultaneous issues than perhaps ever before, including the COVID-19 pandemic, winter weather events, clogged United States Ports, and the need for more labor across myriad parts of the supplychain, it almost feels like this week’s news that the 20,000 TEU (Twenty-Foot Equivalent) (..)
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.
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?
To look at what risks will affect the supplychain in 2018, Rob Savitsky of AIR Worldwide ( a member of the MIT Center for Transportation & Logistics SupplyChain Exchange program), wrote a blog for MIT discussing three broad categories of supplychain risk. Natural Catastrophes.
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.
Heavy research and development investments are being made in supplychain solutions. Most of the large suppliers of supplychain applications have moved their solutions to the Cloud. Executives at Blue Yonder refer to this as a “cliff event.” Blue Yonder is investing $1 billion over three years in their solutions.
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.
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.
Severe weather events are the new normal. Can the logistics industry handle more supplychain disruption? Severe weather events are becoming more intense and commonplace, causing supplychains to struggle. Is your supplychain prepared? Now, they occur once every three weeks!
The virus continues to compromise supplychains and disrupt companies at a troubling rate, but a re businesses prepared from a supplychain planning perspective? . The era of globalization has enabled supplychains to be broader and more connected. First reaction s to the outbreak . questions.
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. For example, over 15,000 companies were added to the US restricted entities list in 2023 and 2024.
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
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.
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.
Effective lead time management is a critical factor in securing supplychain efficiency and cost control, since lead time represents the total time required for a product or material to move through the supplychain, as measured from the time of ordering to the time of delivery. What is Lead Time and Why Does it Matter?
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. AI can refer to several different types of math.
In supplychain management, it was all anyone could talk about. Every article discussed the importance of digitally transforming the supplychain. Since there didn’t seem to be a clear definition of digital supplychain transformation available, I developed one from first principles.
Duncan Angove, CEO Blue Yonder Blue Yonder , is one of the largest providers of supplychain software. The quarter was particularly impressive given, as you know, we were, a victim of a cyber ransomware event. Both are contributing to a rewiring of the automotive supplychain industry.
Key Takeaways from This Article: COVID-19 has unveiled the fragility of a global supplychain predicated on lowest-cost principles. Increasing supplychain data visibility is a priority for logistics organizations looking to improve resilience. The COVID-19 crisis has hit the global supplychain from all sides.
About Trimble Transportation Trimble Transportation provides fleets with solutions to create a fully integrated supplychain. Understand the role of AI in logistics through examples like AI assistants and supply-demand prediction tools.
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.
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 designing supplychains with optionality so it does not become cost prohibitive. SupplyChain Design is essential in tackling these.
This year’s increased COVID-19 instances, extreme weather events, and Suez Canal closure increased the difficulties. Hurricane Ida and a February severe frost in Texas wreaked havoc on the petrochemical supplychain, causing delays in manufacturing resins, plastics, and other components needed in everyday items.
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.
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. And a company called Exiger seemingly came out of nowhere to capitalize on this.
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.
The IoT can help companies free up manual resources while ensuring accurate delivery timing throughout the supplychain. In 2018, manufacturers will ramp up this transformation to embrace new technologies that have the potential to change the supplychain landscape. Shipping in 2018. Along the Rail.
ARC is getting ready for our SupplyChain Forum on February 16 th and 17 th. End users – supplychain practitioners working for manufacturers, distributors, or retailers – can attend for free. Supplychain applications have long been a way for companies to compete better. Urbanization.
In a survey of 150 global manufacturing executives, 47% committed to improving supplychain visibility and tracking. According to the Global SupplyChain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment. What is supplychain visibility?
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.
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.
Seventy-one percent of the surface of our “blue planet” is covered by oceans which is also reflected in the fact that 80% of goods are moved via sea transportation within the global supplychain [1]. Plus, extreme weather events and changing storm patterns challenge seafaring vessels. from originally 3.5% from originally 3.5%
Over the last two decades, there has been a significant focus on increasing the speed of supplychain planning solutions. However, you may have noticed that the increase in the speed of supplychain planning solutions is not resulting in better decisions, improved performance, or much-needed supplychain agility.
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