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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.
Supplychain disruptions have become a persistent operational risk. Traditional supplychainplanning, which relies on historical data and reactive adjustments, is no longer adequate for managing these challenges. Amazon is a leader in AI-driven supplychain management.
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.
The virus continues to compromise supplychains and disrupt companies at a troubling rate, but a re businesses prepared from a supplychainplanning perspective? . The era of globalization has enabled supplychains to be broader and more connected. First reaction s to the outbreak .
Being listed on a last-mile-delivery service platform and reaching a much broader customer base beyond the neighbors became a must-have for survival. For businesses of all sizes, the digital transformation of supplychainplanning became the most important initiative. . Digital Transformation Journey.
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. That may sound impossible, but new technology places this capability within the reach of every organization.
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. 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 supplychain [1]. Plus, extreme weather events and changing storm patterns challenge seafaring vessels. Other planned vessel movements.
Today’s successful supplychain networks are adaptable. Reactive evaluation post-event is the norm. Technology is part of the problem. As Lora Cecere writes , systems are becoming more complex, “but the primary means to manage trade with network partners is through spreadsheets and email.” This needs to change.
While demand is high, ongoing product shortages continue to cause supplychain disruptions, create unpredictable shopping behaviors and drive rapid delivery expectations. If there’s a bright spot anywhere it’s the fact that, as logistics challenges have grown, so has the availability of advanced technologies to manage these challenges.
Factory fires were the most frequent event type in the first half of 2018. Supplychain disruptions continue to grow at an alarming rate, according to a new study, 2018 EventWatch SupplyChain Disruption Report, by Resilinc. Factory fires were the most frequent event type in the first half of 2018. .
With the justification aside, they next had us go through exercises calculating net present value and ROI for a hypothetical capital investment in tooling – as though a shop floor supervisor would do this at any point in the course of their job. These study missions were quite eye-opening for the participants.
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.
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.
It can be a direct reflection of current market trends, as many publicly traded companies operate within the global supplychain. In an era where resilience and adaptability are key to survival, technology has become the bedrock upon which supplychain professionals build their strategies. The answer lies in data.
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.
A recent report by the ACE European Group identifies supplychains as of the biggest sources of concern for European businesses today. On the other hand, there is a rising need for smarter and more flexible tools as well as more staff with analytical capabilities. The challenges: demand, staffing and technology.
Many companies were in the midst of digitally transforming their supplychain 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 SupplyChain journeys. Plan and Execute for Success.
Supplychains 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. Audit your supplychain to pinpoint areas for improvement. The evidence?
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.
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.
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 supplychain management?”. What happens to my existing technology? How do I get started?
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.
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.
When it comes to supplychain 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 supplychain design as a continuous business process instead of a standalone project or a once-a-year exercise.
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?
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.
Chakri Gottemukkala, CEO at SupplyChainPlanning Vendor o9 Solutions There are several young supplychainsoftware companies that are unicorns. o9 Solutions has grown from a small company to a significant player in the supplychainplanning (SCP) market in a short period of time.
Geopolitical events. Prior to 2020, every supplychain 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 supplychain professionals had already realized: uncertainty is the only real certainty.
The virus continues to compromise supplychains and disrupt companies at a troubling rate, but a re businesses prepared from a supplychainplanning perspective? . The era of globalization has enabled supplychains to be broader and more connected. First reaction s to the outbreak .
Today’s successful supplychain networks are adaptable. Reactive evaluation post-event is the norm. Technology is part of the problem. As Lora Cecere writes , systems are becoming more complex, “but the primary means to manage trade with network partners is through spreadsheets and email.” This needs to change.
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.
Webinars Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - May 9, 2024 SupplyChain Now Webinar On-Demand: From Insight to Impact: Optimizing Your Logistics Operations Missed our live event? No worries!
Supplychain 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 SupplyChain Trends that Will Impact SupplyChain Management in 2018. GET YOUR COPY HERE.
This month, I had the pleasure of attending Gartner’s SupplyChain Executive Conference in Phoenix. The theme of the event was “ The Art of SupplyChain: Creative Solutions for the Next Generation.” A compelling case for SupplyChain Analytics. Logistics’ next frontier.
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.
With supplychains continually under pressure to keep commerce moving, companies need supplychain solutions that can provide end-to-end visibility, show value and a quick return on investment. The customer quotes in the study tell the real story!”. Most companies saw a ROI in less than six months.
What This Blog Is About: Shipper’s top concerns for their supplychain. Lately, its fast tempo, powered by consumers’ need for instant delivery for their increasing demand for goods, has pushed supplychains to their limits. Consumer buying behavior has tightened capacity in all modes of transportation.
This was my first in-person event in over two years, and it did not disappoint. You could feel the energy in the air as 450+ people seemed to really enjoy being back at an in-person event. The last few years have been a strange time for global supplychains. He said that we are living through a supplychain renaissance.
The agribusiness supplychain 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).
There have been product shortages, supplychain 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 supplychain of the future. This platform is connected, intelligent, trusted, composable, and modern.
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.
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.
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