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
Learn how to organize your data operations in alignment with supply chain strategy. Cloud-based supply chain management tools, the Internet of Things (IoT), artificial intelligence (AI) and machine learning are expected to figure prominently in future supply chain operations. Finding Transformative Opportunities in the Supply Chain.
Logistics warehouses that prioritize flexibility, operational efficiency, and throughput will be able to secure long-term growth, meet client demands, and stay ahead of evolving industry trends. It allows operations to remain competitive even in unpredictable market conditions and supports a variety of business models and client needs.
This cargo is further divided into goods carried in: Frozen state example meats, fish, and butter, Chilled state example beef, vegetables, cheese, and eggs and. Air cooled condition example Fruits and vegetables. Marine Cargo Survey Practices. Ensure that cargo manifests match what’s being shipped.
However, raw materials costs have been rising recently, along with additional operating costs in the chemical industry. How can chemical manufacturers better manage their operating costs? In this blog, we’ll take a walk through what chemical manufacturers are currently facing and how they can better manage their operating expenses.
As customers increasingly demand rapid and reliable delivery, optimizing this final leg of transportation becomes essential for businesses aiming to enhance customer satisfaction and operational efficiency. Data-driven approaches, such as predictive analytics, facilitate real-time adjustments in delivery operations.
Given the many aspects of retail operations outside a business’ control—from supply chain disruptions and labor shortages to inflation and interest rates impacting both operational costs and customer behavior—the fulfillment challenge this peak holiday season is acute.
Demand forecasting has more to do with consumer interest in your product, trends in the marketplace, and how these and other factors could affect your future day-to-day operations. This type of data must be actively gathered by researching market trends, analyzing the competitive landscape, conducting consumer surveys and focus groups.
Despite frequent discussions about AI’s potential impact on jobs, the majority of logistics workers are untroubled by automation, according to a recent YouGov survey commissioned by SafetyCulture. The industry is already seeing successful applications of AI, which many workers believe will help tackle labor and skills shortages.
Companies are proactively acquiring electric vehicle (EV) manufacturers, battery storage providers, and related infrastructure firms to embed sustainability into their operations. In response, major freight operators have recently acquired advanced battery technology firms to accelerate fleet electrification.
My family owned a manufacturing operation, so I experienced firsthand the challenges that mid-market manufacturers face. For example, before the pandemic, companies could get by with analog machines, paper-based systems, and disconnected point solutions. I grew up in manufacturing. The pandemic made that impossible.
Manufacturers and distributors are operating in intensely pressured times as a result of COVID-19. According to a survey conducted by the National Association of Manufacturers (NAM), 78.3% anticipate a change in operations. For example, the United States Federal Government […].
For example, the Delta variant of COVID-19 may cause an increase in infection and disruptions to business in the fall. At the beginning of 2021, ARC Advisory Group, in partnership with DC Velocity magazine, anticipated factors such as a subsequent surge when we crafted our survey of warehouse practitioners. Warehouse Business Activity.
It introduced the survey we had just launched to determine the perceptions, priorities, and strategic initiatives of today’s supply chain and logistics executives. This post was subsequently followed by two articles that discussed some of the findings from the survey. Meanwhile, labor constraints are as binding as ever.
In a survey of retailers and wholesalers conducted from mid-March to mid-April, 81% said sales in the perimeter had increased over the previous 12 months. This is another example of the ongoing digitization of supply chains. The State of Fresh Grocery & Supermarket Supply Chai n.
Preliminary results from a Lucas-commissioned survey of 350 companies in the US and UK found that the majority of the companies are already employing AI in one way or another within their warehouses and distribution/fulfillment centers. AI-Based Warehouse Optimization Examples. Here are two examples. AI For Product Slotting.
In industries like lawn care and pest control, businesses tend to operate on thin profit margins. For these companies, maintaining profitability while protecting their margins hinges on operational efficiency and the strategic use of data. Businesses operating on tight margins need information that is actionable, precise and timely.
An understanding of these dynamics was the goal of ARC’s survey-based research conducted with DC Velocity earlier this year (see DC Velocity Infographic in June 2021 issue). Our survey was conducted with respondents across manufacturing, wholesale, retail, and logistics service provider (3PL) sectors.
Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ By focusing on this, businesses can not only achieve operational efficiency but also build for long-term success. Much depends upon the nature of your supply chain operation of course. Persuade the customer otherwise.
According to a survey by ARC Advisory Group, only 10% of industrial companies are ready to apply artificial intelligence/machine learning. What Celanese has accomplished is the single best example ARC is aware of employing agentic AI and copilots at scale. The company operates in over 20 countries and has over 12,000 employees.
Descartes’ 2024 Global Transportation Management Benchmark Survey shares responses from more than 630 companies, indicating there is a correlation between financial performance and the strategic importance senior management places on transportation. For example, Competitive Weapon companies are 3.4
According to a 2020 survey by ATRI , 20.6% In a 2019 survey by WEX Inc, 23% of fleets reported that fuel costs were their top operational challenge. When used consistently, these programs can contribute significant savings to your operational costs. For example, C.H. Track and reduce non-revenue generating miles.
Warehouse operations historically strived to deliver the perfect order – the right product, at the right price, at the right time. But these same operations have historically been viewed as a cost-center to C-level executives. First, rapid delivery required responsive warehouse operations.
Our 2018- 2019 Network Design Survey showed that the majority of organizations are still relying on spreadsheets (nearly 60%) and gut feel (15%) to make network design decisions. A leading logistics service provider was among the many companies that saw its operations affected by the pandemic.
A 2020 SYSPRO survey showed that 60% of manufacturing and distribution businesses were impacted by supply chain disruptions during the pandemic. For the manufacturing and distribution CEO the challenge is not only getting back to pre-pandemic operations, but crafting businesses that emerge more resilient than before.
Descartes’ 2024 Global Transportation Management Benchmark Survey shares responses from more than 630 companies, indicating there is a correlation between financial performance and the strategic importance senior management places on transportation. For example, Competitive Weapon companies are 3.4
ARC Advisory Group’s warehouse labor survey has shown that 35% of warehouses have a seasonal surge in the number of workers they employ of over 20%. They seek workers for their warehouse operations as well. Radial operates fulfillment centers for well-known apparel brands. Eight percent of warehouses have a surge of over 100%.
Several surveys have reported how SCM in recent years has moved from being a cost center to one responsible for offering superior customer experience and delivering competitive advantage. In a survey on the use of software in supply chain planning, most of the organizations were found to be using manual or outdated methods.
survey , 57% of manufacturing CFOs agree that proficiency and knowledge to create an effective plan to operationalize and transition the business into a digitalized and automated manufacturer is the most critical factor globally. Diversification of business operations. The modern CFO. According to the 2021 SYSPRO CFO 4.0
For example, Mars is looking at climate action, no poverty, and partnerships as part of its sustainability plans. More and more companies are outlining strategies for employing a circular economy and measuring its impact on supply chain operations. Per our survey, 64.2 This way of thinking is certainly not unique to Intel.
Successful procurement leaders are operating smarter by leveraging analytics and technology such as integrated suites to generate clean data (at least if they have a unified data mode) and master data management solutions for addressing issues in back end systems, cleaning and normalizing suppliers’ records, for example.
Here’s how ERP can support your organization to gain the control you need in operations and processes to increase efficiency and overall customer experience: 1. Digital technologies make it possible for companies to transform how they operate. Supply chain visibility to maintain competitive advantage. The 2021 SYSPRO CFO 4.0
When you’re operating in a volatile market like this, planning and consistency are of utmost importance,” says Tom Bennett, Head of Trades in North America for DB Schenker. At the end of August, for example, 44 container ships were stuck outside of the ports of Los Angeles and Long Beach in California. Covering the Demand.
Supply chain professionals know it can be extremely challenging to drive day-to-day operational excellence and pursue innovation at the same time. Our recent survey showed that only 17% of organizations make it a priority to invest in innovation. Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. What to prioritize.
In one example, an employee of Varda, a SpaceX-like company, began to publicly attempt to replicate the study and had over 10,000 people tuning in to watch a live stream of rocks in a furnace. We’ve been here before with Blockchain and Tradelens, which launched in 2018 and was done by the end of Q1 2023 – a good example of hype waves.
Our latest research survey shows that 70% of manufacturing and distribution businesses experienced supply chain disruptions and 60% of businesses were unable to engage and collaborate with customers and suppliers in real-time. This allows organizations to accumulate enough operational data to inform business decisions.
Lucas Systems, a seasoned player in the industry, is a prime example. Accuracy is critical to warehouse operations. Kyle Franklin, a senior solution consultant at Lucas, gave a simple example. Founded 26 years ago, Lucas Systems has long provided voice recognition solutions. Then, the work is dropped to the associates.
These solutions use natural language processing, for example, to read online publications and other data sources, make sense of what they read, contextualize the data into information, and report supply chain disruptions caused by weather, geopolitical events and other hazards in near real-time. First, it is done through surveys.
There are many causes, for example, container ships from Asia are now too large to traverse the Panama Canal (20 years ago they were not), so they offload on the West Coast of the United States and are compelled to truck all goods to the East Coast. Hence our surprise at the findings of the global survey above. .
More than 60% of business leaders surveyed across North America believe governments are increasingly taking a protectionist stance of raising trade barriers to defend domestic businesses. But even amid ongoing renegotiations of NAFTA, half of firms surveyed (U.S. According to the survey, less than one in ten (9%) U.S.
To improve their operations, they installed autonomous mobile robots in their warehouse. According to a survey of 250 global companies by the consulting firm McKinsey, 91% of shippers and 75% of logistics service providers have implemented a warehouse management system. The DC has 36 employees and operates seven days a week.
Some chose to carry on with their digital journeys as they must find better ways as the physical and operational logistics footprint were changing rapidly to adapt to the new customer-first, eCommerce expectations. From an inbound operations perspective, visibility continues to be a common thread in facilitating this convergence.
At this point, we can see the market reaching some maturity, where more end users recognize the benefits and essentiality of automating warehouse and logistics operations with mobile robots. Safety and reliability are key concerns as well, as human errors can lead to significant property loss and cripple operations.
In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. According to the Global Supply Chain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment. This example illustrates why supply chain visibility isn’t enough.
In fact, two-thirds of the companies we surveyed characterized their omni-channel fulfillment performance (relative to peers in their industry) as average or below, with 30 percent characterizing it as below average. That said, as we further evaluate the data we find even Above Average Performers have significant room for improvement.
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