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Shippers, brokers, carriers, news organizations and industry analysts rely on DAT for trends and data insights based on a database of $150 billion in annual market transactions. Adamo has been quoted in the Wall Street Journal and extensively in trade publications as a leading voice on freight market trends.
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.
Jack Fiedler, the vice president for digital transformation of the global supply chain at Lenovo Lenovo is ranked tenth by one leading analyst firm among a list of global companies with exceptional supply chains. I’ve not seen a company that does a better job of agile planning across an end-to-end, multi-tier supply chain.
Why Transformation Is a Boardroom Priority Supply chain management is now a core strategic concern for business leaders. Companies that fail to modernize face supply shortages, revenue loss, and regulatory risks. The Shift from Cost-Cutting to Resilience For years, supply chains prioritized cost reduction over resilience.
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.
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.
There are some young supply chain technologies that are getting a lot of buzz. In this article, the main hyped, promising, and solid solutions but widely adopted technologies in supply chain management are discussed. ARC is not hearing providers of supply chain technology leveraging this network to provide new value to their customers.
This promises to be a very eventful year. What’s on the horizon for supply chain professionals? Here are three trends to consider. . Microsoft also announced they plan to be carbon-negative by 2030. . Many are relying on advanced analytics to optimize their supply chain for sustainability.
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Or, why you need demand planning for going viral on social media. It’s communal, delightful and entirely unpredictable – and it’s catching supply chains off guard.
Recent Black Swan events have exposed vulnerabilities within some of the world’s best-run supply chains. With effective planning becoming impossible, the need for real-time visibility has become. Read more The Internet of Things (IoT) and The Future of Supply Chain Management.
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. This is an important time for the supply chain profession. For more information on the research, click here.
There are some young supply chain technologies that are getting a lot of buzz. In this article, the main hyped, promising, and solid solutions but widely adopted technologies in supply chain management are discussed. ARC is not hearing providers of supply chain technology leveraging this network to provide new value to their customers.
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.
As I was enjoying the holidays, I had an opportunity to reflect on the year past and what the future holds for supply chains. However, organizations will need to be deliberate in designing supply chains with optionality so it does not become cost prohibitive. Supply Chain Design is essential in tackling these.
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.
For business leaders, understanding these emerging trends is crucial to navigating the complexities of the modern supply chain and maintaining a competitive edge.” ” Strengthening Supply Chain Resilience “The past few years have underscored the importance of supply chain resilience.
Companies and supply chains continue to face unprecedented challenges and, in some cases, unprecedented opportunities. To be successful in this volatile environment leaders must focus on supply chain planning and more specifically Integrated Business Planning (IBP).
With the havoc 2020 caused, can shipping trends get any worse? According to Supply Chain Brief , “In such an environment, no one can truly predict what is going to happen. Preparation becomes the name of the game in shipping trends, and being ahead becomes the new normal. Congratulations and welcome to 2021! The short answer?
Making the most out of today’s challenging supply chain trends requires a deep understanding of the market and timely information that helps you achieve a competitive advantage. Q1 2022 Supply Chain Trends and Hot Topics. There were several popular questions that we didn’t have time to address during the live event.
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.
ARC is getting ready for our Supply Chain Forum on February 16 th and 17 th. End users – supply chain practitioners working for manufacturers, distributors, or retailers – can attend for free. So, what are the mega trends? How does the pandemic and digital technology play into these trends? The Growth of Ecommerce.
At that time, I wrote about the COVID pandemic, and how similar events occur that elevate the uncertainty of the market. These events make accurate forecasting very difficult. So, what methods can we apply to better gauge future trends? Substitutesare also relevant due to today’s supply constrained environment.
If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supply chain resiliency test. Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks.
ARC analysts have published predictions about supply chain technology trends at the beginning of the year in past years. Supply Chain Disruptions Will Diminish, but Remain Substantial. Supply Chain Disruptions Will Diminish, but Remain Substantial. We expect direct impacts to diminish in 2022.
Image source: Pexels | 7 Cost-Saving Tips Every Supply Chain Manager Should Know Managing costs effectively is crucial for success in the competitive supply chain world. Here are seven proven strategies every supply chain manager should explore to streamline operations, boost efficiency, and drive profitability.
Supply chain 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 supply chains to collaborative supply networks and actively design their supply chains.
Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Calls are increasing for a return to just-in-case (JIC) policies, with some citing this trend as a risk. Is supply chain inventory the problem?
In today’s fast-paced e-commerce landscape, last-mile delivery has emerged as a critical component of the supply chain. In this article, we will explore these last-mile delivery optimization strategies and the role of route optimization software as we look ahead to industry trends shaping the future of delivery in 2025.
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 Paris Olympics boasts a spectator capacity of over 300,000, with the city expected to welcome an astounding 15 million visitors, including 2 million international visitors, all drawn to the world’s largest sporting event. This is why the planning process for the Olympics is a multi-year endeavor.
Editor's Note: Today's blog is from our friend Kevin Hill with Quality Scales Unlimited who shares his expertise regarding the key trends in supply chain and transportation management. . Supply chains, both international and domestic, are under constant pressure to reduce their costs and enhance performance at the same time.
Ali is a theory of constraints (TOC) practitioner who founded a company to help supply chains to improve throughput. Since then, he has been eliminating one global bottleneck after another, with his current focus on optimizing supply chains that extend to Mars. The New Retail Paradigm with Ali Raza. About Ali Raza. ThroughPut Inc.
When I first began planning this article, the most significant impacts of COVID-19 were primarily limited to Mainland China. Air Freight Transportation Trends 2020. Postponing maintenance (a worrying trend in terms of aviation safety). Prognosis: How Might Rates Trend Going Forward? The Freight Rate Roller Coaster.
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.
Within the next week, New York will be bustling with people attending fashion shows, brand events, and participating in Fall 2024 Fashion Week. First, in the early 2000s, advancements in data analytics, RFID, and localized supply chains fueled the rise of “fast fashion.”
Blockchain technology is a major disruptor in the supply chain. It stands to change the game as we know it by giving companies a better way to ensure traceability throughout vast supply chain networks. In order to properly disrupt the supply chain of today, you need to know everything there is to know about it. Ship Lilly.
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.,
In supply chain management, it was all anyone could talk about. Every article discussed the importance of digitally transforming the supply chain. In essence, the question I had was: If “transformation” implies a dramatic or radical change, then how does your supply chain “dramatically change” with digital transformation? .
So, going into 2025, I would like to focus on current congestion data, global trends and what 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.
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This promises to be a very eventful year. What’s on the horizon for supply chain professionals? Here are three supply chain trends to consider. . Microsoft also announced they plan to be carbon-negative by 2030. . Many are relying on advanced analytics to optimize their supply chain for sustainability.
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.
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