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He leads a team of market experts who study every facet of the logistics industry to bring the best available insight to customers. He was named a Pro to Know in 2021 by Supply and Demand Chain Executive. About Ken Adamo Ken Adamo serves as the Chief of Analytics at DAT Freight & Analytics.
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.
The virus continues to compromise supply chains and disrupt companies at a troubling rate, but a re businesses prepared from a supply chain planning perspective? . The era of globalization has enabled supply chains to be broader and more connected. First reaction s to the outbreak . – Tweet this.
His expertise includes strategic planning, brand positioning, advertising, public relations, website strategy and design, and development of white papers, case studies and other content. They have been featured in leading industry publications such as Logistics Management, Supply Chain Management Review, and FreightWaves.
For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . Considering this surge in digital transformation and the changing needs of 2021, here are some insights and tips for embarking on Supply Chain Digital Transformation projects. Digital Transformation Journey.
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 supply chains break down. Supply chain resilience is your business’s ability to bounce back when things go wrongand in today’s world, things will go wrong.
Factory fires were the most frequent event type in the first half of 2018. Supply chain disruptions continue to grow at an alarming rate, according to a new study, 2018 EventWatch Supply Chain Disruption Report, by Resilinc. Of those events, more than 300 of them directly impacted the continuity of supply.
Five years ago, we all thought the COVID-19 pandemic resulted in the most disrupted supply chain landscape we would ever see. Since then, supply chain disruptions and volatility have only increased. The pace and scope of supply chain disruption are beyond human cognition, manual analysis, and consumer-grade spreadsheet tools.
According to one survey , only 27% of leaders believe that they have the talent needed to meet current supply chain performance requirements. What should supply chain leaders be looking for to close the talent gap? AGCO Logistics Team Accepts Prestigious Supply Chain Award. Mr. Stevens talked about their supply chain initiative.
From shortages of personal protective equipment to a variety of grocery items to electronics and apparel, coronavirus ( COVID-19 ) has hit the global supply chain in expected and unforeseen ways, and it seems likely that it could take many months to recover. But 44% of respondents didn’t have a plan to deal with it.
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 supply chain [1]. Plus, extreme weather events and changing storm patterns challenge seafaring vessels. Other planned vessel movements.
Because of service disruptions – not being able to buy toilet paper, for example – the supply chain has been more discussed than ever before. It was also a very, very tough year for supply chain professionals working in the grocery supply chain. I look forward to this study every year. But just how bad was it?
Many large enterprises use one form or another of a supply chain application to help manage their supply chains. Supply chain vendors have been touting their investments in artificial intelligence (AI) for the last several years. Lead times, for example, are a critical form of master data for planning purposes.
The virus continues to compromise supply chains and disrupt companies at a troubling rate, but a re businesses prepared from a supply chain planning perspective? . The era of globalization has enabled supply chains to be broader and more connected. First reaction s to the outbreak . – Tweet this.
Importance of Weather Insights in Supply Chain Management. According to a report* by UCL Hazard Research Center, there were 16 weather-related events in 2017 in the United States alone that cost one billion dollars each. Improved strategic planning. The Shared Milkrun Mexico & Border Logistics. Improved sales forecasts.
Many companies were in the midst of digitally transforming their supply chain when the Convid-19 pandemic hits. In this part 2 article, let us continue to explore the concrete actions we can take in our Digital Supply Chain journeys. Plan and Execute for Success.
In today’s interconnected global economy, supply chain disruptions have become a prevalent challenge for businesses across various sectors. The Cost of Supply Chain Disruptions Recent studies, including one conducted by Accenture , have highlighted the staggering costs associated with supply chain disruptions.
Lessons can come from extrapolating what we witness every day; from events that capture tangible and intangible aspects of sustaining normal life. Buffers, insurance and assurance (through planning and governance) are important for resilience, but there are intangible factors that need to be understood.
They used those times to build what were essentially Gantt Charts of the production plan for each worker. In the late 1980s and early 1990s Colin Fox, an early consultant in the world of flow production, had led a series of study missions to Japan that engaged Boeing’s top 100 or so leaders. It was a triumph moment for everyone.
The agribusiness supply chain is highly complex. These intricacies make planning and decision-making difficult. There is an extensive horizon between the date of a supply decision (for instance, purchasing livestock feed or specific fertilizers) and its final result (the sale of the processed and packaged product).
For a few years now, supply chain professionals and pundits have been speculating on what the so-called “new normal” will look like. Closer to home for supply chain professionals, driver shortages continue to plague the industry. These are the companies and leaders that aren’t letting a good downturn go to waste.
It can be a direct reflection of current market trends, as many publicly traded companies operate within the global supply chain. In an era where resilience and adaptability are key to survival, technology has become the bedrock upon which supply chain professionals build their strategies. The answer lies in data.
Webinars Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - May 9, 2024 Supply Chain Now Webinar On-Demand: From Insight to Impact: Optimizing Your Logistics Operations Missed our live event? No worries! Leveraging relationships for sustainable growth.
Geopolitical events. Prior to 2020, every supply chain in the world was challenged by increasing levels of demand unpredictability and market volatility. The sudden onset of COVID-19 only reinforced a lesson that supply chain professionals had already realized: uncertainty is the only real certainty. Natural disasters.
When it comes to supply chain design, we’re at another inflection point in the industry. The first one arrived a few years ago when a growing number of companies started treating supply chain design as a continuous business process instead of a standalone project or a once-a-year exercise.
A recent report by the ACE European Group identifies supply chains as of the biggest sources of concern for European businesses today. On the one hand, companies are facing growing uncertainty due to volatile exchange rates, rising oil prices and economic and geopolitical events, such as Greece’s financial crisis and the conflict in Ukraine.
So, you are thinking about a career in supply chain? You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. What is the Role of the Supply Chain Worker?
Every supply chain has a central purpose, regardless of size or industry: getting materials from their point of origin to the place they’re needed as quickly and inexpensively as possible. Designing a supply chain to accomplish that task isn’t as straightforward as it seems, especially when technology is involved.
Today’s successful supply chain networks are adaptable. Reactive evaluation post-event is the norm. Selecting software for supply chain network design doesn’t have to be a hassle. The process of selecting software for supply chain network design needs to change. Proactive risk assessment rarely occurs.
What This Blog Is About: Shipper’s top concerns for their supply chain. Lately, its fast tempo, powered by consumers’ need for instant delivery for their increasing demand for goods, has pushed supply chains to their limits. Consumer buying behavior has tightened capacity in all modes of transportation.
Our look at the Top 25 (plus 4) Supply Chains of 2018 examines how the best companies in the world excel at managing their global supply chains. One of the most popular articles we’ve ever done is our look at analyst group Gartner’s annual ranking of the Top 25 Supply Chains. population in one day or less. The Coca-Cola Co.
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.
Supply chains are changing fast, and 2025 is set to bring even more challenges and opportunities. From new tech breakthroughs to changing customer expectations and unexpected global events, businesses need to stay flexible and ready to adapt. In 2025, businesses with eco-friendly supply chains will gain a major competitive advantage.
Case Study. How to Utilize Data to Drive Planning Changes and Improve OTD & Fill Rates. With persistent disruptions to the supply chain, having transparency to accurate data is crucial in forecasting, being able to stay agile, and combatting interruptions. What kind of impact does a data analysis have on the supply chain?
Wishing your supply chain were strengthened rather than strangled under these conditions? There’s an older term now being applied to supply chains for this capacity: antifragility. While the concept isn’t new, its application to supply chain is emerging, albeit without clear definition yet. A survey by boom!
ARC has been actively studying industrial AI for over two years. 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. Celanese is an exception.
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.
Chakri Gottemukkala, CEO at Supply Chain Planning Vendor o9 Solutions There are several young supply chain software companies that are unicorns. o9 Solutions has grown from a small company to a significant player in the supply chain planning (SCP) market in a short period of time. billion after a funding round.
The Internet of Things (IoT) seems to be popping up in more conversations throughout the entire supply chain , and more businesses have turned towards IoT experts for guidance on how to take advantage of its benefits. The IoT Supply Chain and Shipping Processes. The IoT Supply Chain with Robotics & Other Industries.
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.
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. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. GET YOUR COPY HERE.
The Hackett Group provides a useful visual for describing the maturity stages that supply chain is moving through as the industry strives to leverage data and advanced analytics. Supply Chain Analytics Maturity Model (Source: Hackett Group). Supply chain leaders are wanting their organizations to be data-driven.
While demand is high, ongoing product shortages continue to cause supply chain disruptions, create unpredictable shopping behaviors and drive rapid delivery expectations. And it’s safe to assume that logistics digitization will continue to deliver a significant competitive edge as supply chain complexity and uncertainty grow.
It’s challenging for logistics providers to keep up, even in perfect supply chain conditions. But, as we know, supply chain conditions were far from perfect in 2020 and 2021. Just as the world of omni-channel selling is here to stay, supply chain disruptions also seem to have become the norm. The next step?
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