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Supply chain disruptions have become a persistent operational risk. Traditional supply chain planning, which relies on historical data and reactive adjustments, is no longer adequate for managing these challenges. Amazon is a leader in AI-driven supply chain management.
Supply chain 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 supply chain networks.
Peter is Vice President, Journal of Commerce, the Maritime, Trade & Supply Chain division of S&P Global , a global data, analytics and business intelligence organization serving sectors including maritime, energy, automotive, petrochemical and financial. the world’s largest container shipping conference, now 23 years old.
The core topics ranged from how prepared the world is to power the energy transition, developments in carbon removal, financing new investments, and grappling with supply chains. Each presentation was exceptional, and the event viewed ESG from a holistic but pragmatic perspective.
Now more than ever, organizations must prepare their supply chain 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 supply chain design.
And with the new year comes an increasing return to in-person supply chain conferences and trade shows. 2021 was the trough with in-person events severely limited. Last year brought in a revival of events, but with a few still either provided virtually or postponed for one more year. You name the provider, and they are present.
It’s human nature to want to start a new year with new goals—the ever-present new year’s resolutions. Typically, we make it at least one month into the new year before we have to revise our plans. However, it’s only early February 2024, and we already have several major disruptions impacting supply chains.
I was excited to place the order right away so my present would arrive in time for Father’s day. Why should we consider Promotion Planning in Inventory Management? During promotional management, especially for big events around special days and holidays, inventory levels need to be adjusted to meet the peaks in demand.
Supply chain: Proposed tariffs on foreign imports could lead to increased costs for uniforms, supplies and equipment. This is particularly important during periods of heightened security needs, such as holidays, major events or during peak business seasons.
Marisa Brown, Senior Principal Research Lead, Supply Chain Management at APQC (American Productivity & Quality Center) recently gave a presentation at ARC Advisory Group’s Supply Chain Forum. In her presentation, Ms. Map your supply chain. Create scenarioplans. Create plans B, C, and beyond.
It was a pleasure to attend this month’s Supply Chain Insights Summit in Philadelphia. The conference, organized by Supply Chain Shaman Lora Cecere and her team, was structured around a compelling theme: “imagine the supply chain of 2030.” It’s clear that industry professionals recognize that supply chains: .
Large swings in supply and demand for different product categories and changes in distribution patterns left logistics managers grappling with the biggest challenge of their careers. Increased lead time accuracy reduces risks involved in transportation and logistics, improving your overall supply chain.
Editor’s Note: This is one of the most popular posts we publish every year: our list of supply chain and logistics events to attend in the coming year. Many of the leading ERP and supply chain software vendors have customer events in various countries around the world.; Most of the conferences on our list are in the U.S.,
Weather events will continue to impact in 2025. years on planning and operating through a hub model. For sure, these three carriers have plans on improving the cargo fluidity despite the current shipping environment. Forecasting for advance planning. Mitigating further congestion-related disruptions in 2025.
Global supply chains face numerous challenges impacting the efficient movement of goods and services worldwide. Disruptions and Resilience Natural disasters, such as pandemics (like Covid), geopolitical conflicts, and labor strikes cause supply chains to be vulnerable to disruption. Some of the key challenges include: 1.
Has your company ever suffered problems with, implemented, or even considered implementing a sales and operations (S&OP) planning process? More to the point, though, for S&OP to be effective, it matters not whether a company uses Excel spreadsheets or the latest best-of-breed sales and operations planning software.
Dematic invites food retail professionals and experts to its upcoming hybrid event, “What’s in Store for Europe’s Food Retail” on Thursday, 26 October at Dematic UK headquarters in Adderbury (90 minutes from London). The event kicks off with a look at current trends and where food retail is heading.
Supply chains are evolving fast. To keep up with the fast pace of supply chain evolution it is important for supply chain planners to upgrade their skills and step up their business planning and forecasting techniques. It is about creating a planning process that is agile and flexible enough to integrate future events.
In February, Klaus Niebur, the director of global supply chain risk management at Autoliv, and Jan Thiessen, the managing director at targetP!, spoke on best practices on supply chain risk management at ARC Advisory Group’s Digital Transformation in Industry conference. in turn, is a boutique procurement consultancy.
For supply chains, this advancing technology enables the building of a framework in which rapid responses and solutions in an increasingly intricate network can be designed and implemented quickly and easily. 11 Improvements by the Deployment of the Internet of Things in the Supply Chain. equipment uptime. Improve service levels.
At the SAP Insider SCM CRM 2016 event in Vienna this month, Ulrich Mast presented the current status and the planned future for Production Planning and Detailed Scheduling (PPDS), including SAP Advanced Planner and Optimizer PPDS (SAP APO PPDS) within the SAP Supply Chain Management suite (SCM) and S/4HANA.
This month, I had the pleasure of attending Gartner’s Supply Chain Executive Conference in Phoenix. The theme of the event was “ The Art of Supply Chain: Creative Solutions for the Next Generation.” Planning, innovation and strategy are the areas with the most critical mass and continue to attract a lot of interest.
COVID-19 and Hanjin’s bankruptcy both have had significant impacts on the global supply chain and share commonalities in the following ways: Disruptions to global trade: both events led to delays and increased costs for shippers and manufacturers who had to find alternative ways to transport their goods.
It was a pleasure to attend this month’s Supply Chain Insights Summit in Philadelphia. The conference, organized by Supply Chain Shaman Lora Cecere and her team, was structured around a compelling theme: “imagine the supply chain of 2030.” There is an appetite to embrace new technologies to create value in the supply chain.
Risk permeates supply chains. The best-laid plans to avoid as many risks as possible often fall on deaf ears in supply chain management, but supply chain executives who take the time to understand the greatest threats can successfully position their companies to overcome such risks. In the short-term future.
In fact, at one conference this spring, after delivering a keynote presentation that had nothing to do with technology, the very first question I received from the audience was “What do you think about blockchain and its potential in supply chain management?”. IBM Watson Supply Chain Summit.
Here at Benchmarking Success, we exist to help our customers improve supply chain performance. Still, since the arrival of the COVID-19 pandemic and the devastating impact it had on many businesses, especially in the initial surge of the virus, supply chain leaders’ attention has been captured by a new performance measure—resilience.
He also spoke at the ARC forum in 2023, and this article is based on that presentation as well. The Celanese Supply Chain Celanese Corporation (NYSE: CE), headquartered in Dallas, Texas, is a global chemical and specialty materials company with revenues of over $10 billion. The chemical industry has a complex supply chain.
And while this market does not lend itself to a silver-bullet solution, there are things shippers can do to keep their supply chain afloat: Be open to hyper flexibility. We need to build resiliency around supply chain and continue to have options to navigate. Prepare for ultra-prioritization. Don’t dismiss historical data.
In May, I attended the Kinaxis Kinexions event in San Diego, CA. At the conference, I was fortunate to see a presentation from Brent Wilson, Senior Vice President of Global Supply Chain at Qualcomm. Qualcomm uses the Kinaxis Rapid Response solution for concurrent supply chain planning.
There have been product shortages, supply chain disruptions, and often times, a pullback in investments in research and development. In fact, the company is pledging to push harder in those efforts as it reimagines the supply chain of the future. Angove’s keynote was a deep dive on how the company is planning to invest in innovation.
Editor’s Note: This is one of the most popular posts we publish every year: our list of supply chain and logistics events to attend in the coming year. Many of the leading ERP and supply chain software vendors have customer events in various countries around the world.; Takeaways from the IBM Watson Supply Chain Summit.
In order to avoid incidents of mismatch between supply and demand, establish more efficient manufacturing and lower costs, it is necessary to establish an environment of consistent supply chain visibility. One of the often missing links, however, in supply chain visibility, is transportation management.
Gartner has released a report detailing how to secure supply chains amidst the coronavirus (COVID-19) outbreak. As global leaders and health officials track the strain and make decisions regarding containment, supply chain leaders need to assess and plan for how the virus will impact global supply chains.
Supply chain risk is at the forefront of supply chain executives’ minds. Proper risk management can help supply chains navigate the complexities of post-hurricane recovery and increase productivity. Supply Chain Black Swans Are Perceived as Minimal Risks Supply chain black swans are considered inescapable threats.
Supply chain conferences are an excellent way to connect with industry professionals, learn about new technologies, and refine your operation through the experience of others. It is up to your organization to decide which conferences to attend and how you will leverage the information presented. GET YOUR COPY HERE.
Twenty-seven percent of supply chain leaders have conducted a climate change risk assessment to identify their most critical supply chain risks, according to a survey by Gartner, Inc. According to the survey, 44% of respondents have a general sense of potential climate change risks based on previous events.
In this captivating article, we delve into the annals of history to explore the most important events that paved the way for the extraordinary development of logistics as we know it today. It required the establishment of reliable supply chains, leading to the emergence of trade caravans, rest stations, and security measures.
The Gartner Supply Chain Symposium/Xpo has once again, exceeded our expectations, leaving us inspired and engaged We had some thought-provoking conversations with stakeholders on the latest industry dynamics, pain points, customer expectations, and innovative supply chain strategies.
I’ve never given a supply chain presentation in Spanish. Here’s a short video I recorded in Spanish highlighting the topic of my presentation: If you plan to be at the conference, I look forward to learning and networking with you. Elemica Partners with DHL Resilience360 to Better Mitigate Supply Chain Risk.
It was a pleasure to attend this month’s Supply Chain Insights Summit in Philadelphia. The conference, organized by Supply Chain Shaman Lora Cecere and her team, was structured around a compelling theme: “imagine the supply chain of 2030.” There is an appetite to embrace new technologies to create value in the supply chain.
Just last week, my colleague Clint Reiser wrote an article about the top logistics and supply chain conferences to attend in 2024. 5 Supply Chain Predictions for 2023 ; Dr. Madhav Durbha ( Coupa Software ) So much has changed in a year! Best Logistics and Supply Chain Conferences to Attend in 2023 ; Clint Reiser Welcome 2023!
Over the months of September and October, the Bringg team will be attending multiple events around the world. If you or one of your colleagues is planning to attend any of these events, get in touch so we can meet. LogiPharma is the top resource for hundreds of senior level supply chain executives within Life Sciences.
The conference as a whole was fantastic, from the location and networking events to the conversations I had and sessions I attended. Elenjickal noted that over the last 36 months, supply chains have become more complex than ever before. This leads supply chains to continue to operate in silos, rather than in a connected manner.
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