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Mark Baxa , John Delgado and Joe Lynch discuss supplychain shock waves: strategies for survival and success. Mark is the President and CEO of the Council of SupplyChain Management Professionals (CSCMP), a global organization dedicated to advancing the supplychain profession.
Kyle is Co-founder and CEO of Vizion , a groundbreaking technology company revolutionizing container tracking in the logistics industry. About Kyle Henderson Kyle Henderson is Co-founder and CEO of Vizion, a groundbreaking technology company revolutionizing container tracking in the logistics industry.
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.
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, SupplyChain Management Review, and FreightWaves.
When it comes to network design, you can’t just set it and forget it anymore. Today’s successful supplychain networks are adaptable. But network design as a discipline is complex and most organizations struggle to answer network design questions or test hypotheses in weeks. Technology is part of the problem.
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.
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.
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%
Knowledge Graphs are emerging as an important tool for building advanced AI capabilities. ARC has been actively studying industrial AI for over two years. Agentic AI involves creating a system of interacting agents, each trained on a specific task or dataset. The chemical industry has a complex supplychain.
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. We need people that are adaptable.
Staying up to date with the latest trends , technology and innovations is important within any industry, but it is particularly true of the logistics and shipping industry. Here are some great virtual logistics events that can help you stay up to date, engaged, and actively learning during each quarter. Register Here. Register Here.
When it comes to supplychaindesign, 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 supplychaindesign as a continuous business process instead of a standalone project or a once-a-year exercise.
When it comes to network design, you can’t just set it and forget it anymore. Today’s successful supplychain networks are adaptable. But network design as a discipline is complex and most organizations struggle to answer network design questions or test hypotheses in weeks. Technology is part of the problem.
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. The agent technology is much more complicated than the math.
Every supplychain 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 supplychain to accomplish that task isn’t as straightforward as it seems, especially when technology is involved.
For a few years now, supplychain professionals and pundits have been speculating on what the so-called “new normal” will look like. Closer to home for supplychain professionals, driver shortages continue to plague the industry. These are the companies and leaders that aren’t letting a good downturn go to waste.
Because of service disruptions – not being able to buy toilet paper, for example – the supplychain has been more discussed than ever before. It was also a very, very tough year for supplychain professionals working in the grocery supplychain. I look forward to this study every year.
So, you are thinking about a career in supplychain? 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 SupplyChain Worker?
Our look at the Top 25 (plus 4) SupplyChains of 2018 examines how the best companies in the world excel at managing their global supplychains. One of the most popular articles we’ve ever done is our look at analyst group Gartner’s annual ranking of the Top 25 SupplyChains. Printer-friendly version.
Wishing your supplychain were strengthened rather than strangled under these conditions? There’s an older term now being applied to supplychains for this capacity: antifragility. As much as we conflate digital transformation with technology, without these missing ingredients your initiative will fail.
Fast forward 5 years, and ARC’s 2019 base-year study estimated the market at $11.9 We define the market as those warehouse automation providers responsible for delivery of the system to the end-user (to eliminate double-counting). I will soon be publishing the 2021 base-year study with a five-year forecast through 2026.
In today’s interconnected global economy, supplychain disruptions have become a prevalent challenge for businesses across various sectors. The Cost of SupplyChain Disruptions Recent studies, including one conducted by Accenture , have highlighted the staggering costs associated with supplychain disruptions.
In this case, a company no longer hires people or owns resources, but instead provides a platform to bring customers and individual workers together, as well as a mechanism for billing customers and paying workers. 3D printing is revolutionising the design industry, and could do the same for other sectors too.
Are you interested in expanding your knowledge on the latest trends and technologies within the supplychain industry? Wondering where to find the leading events in your local area? EazyStock has complied a new list of the top 2019 SupplyChainevents that you can’t afford to miss. Feb 3-7, 2019.
The Hackett Group provides a useful visual for describing the maturity stages that supplychain is moving through as the industry strives to leverage data and advanced analytics. SupplyChain Analytics Maturity Model (Source: Hackett Group). Supplychain leaders are wanting their organizations to be data-driven.
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.
Today, companies of all sizes are experiencing cyberattacks, leading to data breaches and system failures. According to Forbes, a recent study finds that cybercriminals can penetrate 93% of company networks. We use this software to monitor all computers at our company. . Neither is true. .
In the supplychain sector, just like any industry, we have a multitude of terms that are commonly used.So, I decided to create this list to help you decipher any supply-chain-related terms that you come across for the first time. It is upon such systems that ABC models are generated and maintained.
ATLANTA, January 24, 2024 — Stord, a leader in high-volume fulfillment services and supplychaintechnology for omnichannel mid-market and enterprise brands, announces Consumer Experience capability for its Stord One Commerce OMS, designed to significantly elevate pre-purchase and post-purchase experiences for modern-day consumers.
One of my first clients back in 1999 was Descartes Systems Group. The company wasn’t a pure startup at the time (it was founded in 1981), but like all software companies during those years, it rode the dotcom tidal wave up — and then crashed down with everyone else (see period from 1999 through 2002 in the stock chart below).
Cost savings used to be at the top of supplychain managers’ agendas. However, in an increasingly volatile world, the design of robust value chains is increasingly becoming the focus of decision-makers. Supplychains are interrupted overnight, freight capacities and equipment are missing without warning.
Until the Coronavirus began wreaking its havoc, global companies could run their supplychains on the assumption that disruptions would be rare and short-lived, and that products should be sourced, produced, and distributed at the cheapest locations to be found, wherever in the world that may be. 2) Diversify Your Operations.
If you’re serious about continuous improvement and developing a best-in-class supplychain to serve your organisation, keeping your managers and workforce educated is paramount. As any established supplychain professional will testify, this is a field in which the real learning begins after the formal education has ended.
As corporations become increasingly focused on ESG initiatives, their supplychain and logistics partners respond with tools and services designed to help them grow sustainability and other goals. Here’s how many companies are turning to their supplychains to meet their ESG goals. Inbound Logistics.
Fruit and vegetables, fish, bread, packaged salads, fresh meals; so many consumer products rely on supplychains that can bring perishable goods to retailers’ shelves quickly, and in the best possible condition. Things You Need For Fresh SupplyChain Success. Know Your SupplyChain Challenges.
3 min read On January 22nd, Log-hub and Miebach Consulting welcomed supplychain leaders and experts to Zurich for the Meet & Connect event. This exclusive gathering provided a platform for industry professionals to exchange insights, explore cutting-edge innovations, and discuss the future of supplychaintechnologies.
3 min read On January 22nd, Log-hub and Miebach Consulting welcomed supplychain leaders and experts to Zurich for the Meet & Connect event. This exclusive gathering provided a platform for industry professionals to exchange insights, explore cutting-edge innovations, and discuss the future of supplychaintechnologies.
Oil prices tanked, cancellations increased and Maersk drilling and supplychain services would run up nearly $2 billion dollars in annual losses. But shipping remains an open market and regardless of technology or how far in the supplychain Maersk stretches, it still has 4.1 million TEUs of capacity it must fill.
It should be noted that this is a class of risk not generally considered in North America by supplychain professionals. Studies done by NESCOE (New England States Committee on Electricity) provided comments on new market designs to FERC. Key Problems for New England’s Electric Grid.
As we close out 2024, businesses across the globe are reflecting on the challenges and triumphs of their supplychains. In this report, well explore the key trends that are shaping the future of supplychains and how businesses are responding to a rapidly changing environment.
Here are my top 10 tips to boost your SupplyChain performance towards Best in Class. OK, why do so many organisations struggle with the same old SupplyChain Challenges? I’ve been working in SupplyChain for over 40 years, and consulting for the last 25, and I see many organisations still struggling with the basics.
Koerber SupplyChain’s ‘Elevate’ event in Prague was an opportunity to discover how software and technology address the unprecedented complexity in logistics. End-to-end connectivity, digitization and visibility are the goals for many supplychain managers. David Priestman reports. Elliott said. “If
Why measure the performance of a supplychain? Because a supplychain is increasingly the sole competitive differentiator for an enterprise, and measuring its performance helps to improve it and detect and solve any problems. However, traditional enterprise measures of performance do not work for supplychains.
At Georgia Southern, we dispel this by illustrating the dynamic nature and variety of daily activities a supplychain manager encounters. The club also organizes a roundtable event each semester that brings students and companies together to explore opportunities for internships and jobs.
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