This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
To address these issues, companies are adopting innovative strategies, including dynamic route optimization, real-time tracking, and even leveraging emerging technologies like drones and blockchain. Route optimization software plays a significant role in decreasing travel distances and minimizing environmental impact.
In response, many organizations have shifted toward decentralized and regionalized supply chain models, distributing production and sourcing across multiple regions. The prevailing strategy was to produce goods in low-cost countries and distribute them globally, optimizing for economies of scale.
The current AI landscape can be viewed as a series of wars,” where companies and organizations are battling for dominance across various technological and market battlefronts. Datacenter Hardware: The demand for powerful computing to train ever larger and more accurate AI models is insatiable.
From balancing cost-efficiency with ethical sourcing to enhancing transparency and integrating corporate social responsibility (CSR), businesses face mounting pressure to align their operations with sustainability, technology, and energy practices. The energy sector provides a compelling example of CSR-driven compliance.
manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. Lets break it down with some examples that hit home: Supplier Diversification : Reflecting on the disruptions caused by the pandemic, companies heavily reliant on Chinese suppliers faced significant challenges.
It allows operations to remain competitive even in unpredictable market conditions and supports a variety of business models and client needs. As businesses grow or enter new markets, they need the ability to redeploy or adapt warehouse systems to minimize downtime and reduce reconfiguration costs.
As anyone who’s experienced change in supply chain technology over the past five-to-ten years can attest, we’ve come a long way, baby. Artificial intelligence, neural networks, machine learning, robotics, mobile apps, big data, the cloud and Software-as-a-Service (SaaS). The software is still under your control.
As automation continues to evolve in logistics, two technologies are becoming central to modern delivery methods: autonomous drones and autonomous vehicles. However, each technology serves different purposes within logistics, and the question remains: Which will ultimately shape the industry’s operational structure?
1: From Support Role to Centre Stage At the point of sale, customers today enjoy an unprecedented degree of choice in the range, price, and quality of products on offer, primarily due to the development of mobile technology, connectivity, and platform-based commerce.
The three traditional methods are the use of a transportation management system (TMS), transportation execution system (TES), and managed transportation services (MTS). For each of these options, software and service providers need to set a clear path for success. Look to the Cloud. Demonstrate a Higher Degree of Competence.
Lean models alone are no longer sufficient. Resilience is the ability to respond to disruption while maintaining core operations, and more companies are shifting their strategies accordingly. Sudden tariff increases can quickly make a cost-optimized procurement strategy untenable, leaving companies scrambling to adjust.
A data gateway is essentially a connective tissue across your supply chain, providing unified access to supply chain data from various sources, including enterprise systems, data feeds, data warehouses, data lakes, data marts, and business entities. Achieving these goals requires visibility into the entire supply chain.
Logistics strategy as an enabler of new business models. They promoted logistics to the level of core process and enabler of new business models and now view a thought-through logistics strategy as an opportunity to stand out by offering a better service level to their customers, such as same-day delivery.
Digital twins are emerging as digital transformation accelerators for supply chain and logistics organizations seeking enterprise-level visibility, real-time scenario modeling, and operational agility under disruption. These are not static dashboards or simple visualizationstheyre living, data-rich models of real-world operations.
A data gateway is essentially a connective tissue across your supply chain, providing unified access to supply chain data from various sources, including enterprise systems, data feeds, data warehouses, data lakes, data marts, and business entities. Achieving these goals requires visibility into the entire supply chain.
CONA Services Provides a Common Platform for Supply Chain Collaboration CONA Services LLC is an IT services company owned and governed by the 11 largest Coca-Cola bottlers in North America. CONA is a strategic partner that provides its bottlers with a common set of processes, data standards, and technologyplatforms.
Manufacturers rely on data and their ERP platform to answer critical questions: What are our inventory levels? Here’s an example. Mid-market manufacturers need a tool that’s tailored to their needs. The BI tool needs to be able to easily pull all this data together for analysis.
As digital technologies embed themselves across supply chains, they will inevitably rewire existing business models into industry platforms. The question is not “if” or “when,” but “how” best to anticipate and get ahead of supply chain platform disruptions. The Role and Benefits of Supply Chain Platforms.
Every ecommerce store relies on an assortment of vital components to survive and thrive, but ecommerce software is the heart of all these elements. Regardless of the size of your ecommerce brand, it doesn’t hurt to periodically reevaluate if the softwaretools you’re using are giving you everything you need.
Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. The report outlines the tools with the highest transformational benefits and capabilities that are becoming standard business practices. Firefighting is the norm. What to prioritize.
Essential Steps to Using Warehouse ModelingSoftware for Design 1) Understand the Design Objectives and Constraints The first step in your review should be to determine and prioritise the objectives for your warehouse facility and operation. Order and picking profiles should be examined too.
Here are seven proven strategies every supply chain manager should explore to streamline operations, boost efficiency, and drive profitability. By leveraging predictive analytics and a just-in-time (JIT) inventory model, you can maintain optimal stock levels, which reduces storage costs and cuts down on waste from unsold items.
The transportation, logistics, and energy storage sectors are undergoing profound transformation, driven by rapid technological advancements, evolving consumer expectations, and the global pursuit of sustainability. As supply chains transition to a more circular and sustainable model, M&A activity in this domain is expected to intensify.
For senior leaders, understanding and integrating the three pillars of sustainability—environmental, social, and economic—into supply chain strategies is essential. Senior leaders must think beyond incremental improvements, embracing systemic innovation to achieve significant environmental impact.
The hype usually revolves around just one item and can easily be managed by a modern logistics system. The warehouse technologies for manual, semi- or fully automatic solutions are perfectly balanced, and all processes run smoothly. Logistics software is your ace in the hand, before, during and after the peaks.
I was familiar with GXO as the former logistics segment of XPO and knew about select examples of its warehouse automation investments. But I was not well-informed on the breadth and depth of the company’s warehouse technology investments or the overarching technologystrategy.
Think of it as your supply chain’s immune system. Just as your body needs multiple defense mechanisms to fight off illness, your supply chain needs various strategies to handle disruptions, whether they’re local supplier issues or global crises.
As organizations continue to adapt to the roller-coaster ride of 2020, some leaders’ pre-pandemic IT strategies brought business resilience even as COVID-19 struck. Indeed, some organizations spent several years laying the foundations for data-driven strategy and remote operations even prior to COVID-19.
Uyghur Forced Labor Prevention Act (UFLPA) and the European Unions Forced Labor Regulation (FLR) are prime examples of this tightening framework. The law requires importers to provide clear and convincing evidence of a forced-labor-free supply chain and tasks the Forced Labor Enforcement Task Force with devising enforcement strategies.
One of the most powerful yet underutilized tools for achieving this is decile data analytics. For example , let’s consider a dataset of 100 lawn measurements in a given town. Heres another example. Understanding their trends is crucial for maximizing marketing ROI and driving business growth.
Ecommerce carriers [recent market entrants]: Covers a range of operating models, examples include Pandion, X Delivery, AirTerra, Veho, The FrontDoor Collective. Ecommerce Shipping Strategy – build a competitive edge in shipping by delivering the right solution, at the right cost.
Manufacturers have adopted innovative solutions and technologies to deal with these issues. Artificial intelligence (AI) and machine learning (ML) in manufacturing ERP have recently added a new realm of technology that can address the complex operations found in manufacturing. What is AI and ML?
In the enterprise software application market, the biggest players have embraced a partnership model, while smaller, more focused companies often have not. Take the transportation management system (TMS) market, for example. Becoming Partner Centric is Not Easy. The transition is not easy. The answer is no.
For this reason, it is increasingly common to see companies investing in specific storage models, aligned with their product portfolio and the profile of their target audience. For example: we have the traditional warehouse and the cold storage warehouse. The traditional warehouse model is more conventional and widely used.
By leveraging these technologies, businesses can optimize operations, reduce costs, and make smarter, data-driven decisions. Instead of static data, AI-powered systems continuously update matrices based on real-time inputs like demand fluctuations and shipping delays.
For this reason, supply chain solutions have become an integral part of business strategies to cope with these ever-increasing complexities. However, there is the difficult question of which technology to implement to make better use of your warehouse. Use of technology. Examples of use. So, how can you tackle this task?
As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.
The goalposts are constantly moving due to factors like global disruptions, technological advancements, and evolving customer demands. Companies that rely on reactive strategies risk falling behind, while those that prioritize resilience are better equipped to thrive. Ensure ongoing training to adapt to new technologies and processes.
In this episode, Joe Lynch sits down with William Sandoval , the Senior Vice President of Product Management and Strategy at PowerFleet Inc. I’m the Senior Vice President of Product Management and Strategy for PowerFleet. I have designed power systems and communication systems. It is good to see you again.
For it to be an optimal solution, a mathematical model needs to be used. That model can then be used to analyze every new situation that arises. The model will help a company find a solution that is best for their relocated employees as a whole. Do we have a demand forecasting tool in place and, if so, how good is that forecast?
Competitor intelligence: Distribution strategies and network designs of your competitors. The Importance of Time and Technology By gathering and analysing the data weve listed above, or as much of it as possible, you will gain credible intelligence to inform decisions about your distribution network design.
The integration of drone technology holds the potential to revolutionize how businesses approach pest management, presenting both opportunities and considerations. However, the adoption of this consumer-driven technology faces hurdles, including technical limitations and regulatory concerns that must be navigated.
At the point of sale, customers today enjoy an unprecedented degree of choice in the range, price, and quality of products on offer, primarily due to the development of mobile technology, connectivity, and platform-based commerce. 2: From Asset Ownership to Platform Exploitation. The Many Purposes of Supply Chain Platforms.
The adoption of digital strategies is a major feature of new strategies that manufacturers are planning. It may be difficult to decide how to spend a limited budget on new digital technology. It ties into the ERP system where quotes and purchase orders are managed. The new normal for manufacturers. Operations.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content