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
The modern supplychain is a complex network of suppliers, manufacturers, distributors, and customers, all interconnected and reliant on a shared ecosystem of trust and accountability. As industries evolve and global markets expand, ethical considerations have become central to supplychain compliance.
Supplychain teams face a similar dilemma – companies are overloaded with vast amounts of data, and the ability to sift through the noise and focus on relevant insights has become a critical capability. Decision-makers must operate with agility and speed, often orchestrating complex scenarios across vast supplychain networks.
Artificial Intelligence (AI) is transforming logistics and supplychain management, driving an era of heightened efficiency, innovation, and sustainability. From autonomous vehicles to predictive analytics and advanced tracking, AI technologies are reshaping how goods are moved, monitored, and managed across the globe.
For example, if an employee works 40 hours at regular pay plus 10 hours of overtime, they will not pay federal income tax on those overtime hours. Tax Incentives for Sustainable Practices The new administration has historically favored tax incentives for domestic production and energy-efficient technology.
Learn how to organize your data operations in alignment with supplychain strategy. Forward-thinking supplychain professionals are looking to advanced technologies to streamline processes, improve accuracy, accelerate delivery and reduce costs. Finding Transformative Opportunities in the SupplyChain.
According to EFT’s SupplyChain Hot Trends to Watch for in 2019 , one of the most significant trends that we should be paying attention to this year is automation. Industry players have already begun experimenting with technologies like robotics and artificial intelligence.
For example, an ERP for automotive distributors needs to include not just a standard sales function but also allow for automotive-specific processes like call-offs and contract pricing, as well as other processes like returns and lot traceability. There are several business processes that an ERP must have to support automotive distribution.
We often get asked what kind of return on investment you should expect to see when using our network design technology. The first hurdle to overcome is to justify the time investment and the cost of the software subscription. Optimization is here to help you, but keep in mind that it’s only a tool. Looking into opportunities.
The solutions to supplychain problems boil down to the right combination of three factors—technology, data and processes. In the supplychain, problems are often overcomplicated. However, manufacturers, 3PLs and others in the supplychain often get lost in the details. That’s not true.
When it comes to your business’s supplychain , it can be tempting to stick with what works. However, some manual supplychain processes are not only outdated, but also inefficient and even detrimental to your business. Processing documents is one of the most time-hungry tasks in supplychains.
Single people mark the occasion by spoiling and treating themselves to gifts and presents, but it wasn’t until Chinese eCommerce giant Alibaba chose the date to offer heavily discounted merchandise on its platform for 24 hours, starting at midnight on the 11th November, 2009, that Singles’ Day became a major commercial event.
It starts with your first form of Automation, Warehouse Management. As anyone who’s experienced change in supplychaintechnology over the past five-to-ten years can attest, we’ve come a long way, baby. Warehouse management software ( WMS ) is the foundation of a smooth-running supplychain operation.
These different software systems address different parts of the delivery supplychain, from back-end operations management, all the way through to last mile touchpoints with customers. Delivery Management software is used for managing the processes around transporting goods from one location to the next, along the supplychain.
As supplychains get increasingly digitized, the risks of supplychains being undermined by cyber attacks also increases, making cybersecurity vital to supplychain health. Digital transformation is something that is crucial for supplychains going forward.
The mobile warehouse robotics market is no doubt a crucial piece of technology to achieve warehouse automation. 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.
It can be incredibly frustrating when the software you use to run your supplychain will become unsupported. Some tools may be acquired by competitors, who then incorporate them in a vastly more expensive package. Attempting to run your supplychain on unsupported software is like walking a tightrope without a net.
Staying up-to-speed in leading technology requires time and investments. With all the current and upcoming logistics technology, it can be confusing for shippers to identify what will have the best impact to stay competitive now and in the future. HOW LOGISTICS TECHNOLOGY CAN HELP. WITH CAPACITY. WITH RISK MANAGEMENT.
Now more than ever, organizations must prepare their supplychain 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 supplychain design.
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supplychain insights and advice. This article comes from Carlos Díaz Madero, Subdirector Marketing at netLogistiK , and looks at the key trends that are transforming supplychain management.
Recent supplychain disruptions are forcing organizations to challenge the prevailing wisdom and look for newer approaches to decision making. The simultaneous shocks to demand and supply, and the magnitude of these shocks are not something the world ever experienced.
In February, Klaus Niebur, the director of global supplychain risk management at Autoliv, and Jan Thiessen, the managing director at targetP!, spoke on best practices on supplychain risk management at ARC Advisory Group’s Digital Transformation in Industry conference. The implementation was not trivial.
Supplychain management is a career that perfectly matches the skill set of the Millennial generation—if they can be persuaded to pursue it. Pero, department chair, SupplyChain Management, with Michigan State University. Training for the Future. “We A recent study by Deloitte bears out what Speier?Pero Pero is finding.
This year, nearly 40,000 attendees comprising 6,200 brands from all over the world headed to the Javits Center to see what new solutions and innovations software and hardware suppliers had in store for 2024 and beyond. Throughout the conference I met with several software and hardware providers to get a glimpse into what they were showcasing.
Editor’s Note: This is one of the most popular posts we publish every year: our list of supplychain and logistics events to attend in the coming year. Many of the leading ERP and supplychainsoftware vendors have customer events in various countries around the world.;
The following is an opinion article on AI in supplychains, written by Russ Felker , Chief of Technology (CTO) of Trinity Logistics. Artificial intelligence (AI) continues to grow its presence in our everyday lives, businesses, and now, supplychains. AI in SupplyChains: We Need to Change Our Focus.
For this reason, supplychain 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. Physical space.
In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post was written in collaboration with , OpenEnvoy , a leading automated invoice reconciliation tool. For freight brokers and third-party logistics providers, efficiency is king.
One promising application that is emerging in the SupplyChain and Sustainability space is Digital Product Passports (DPPs). The potential to provide reliable, tamper-resistant data across supplychains is driving interest from various sectors, including pharmaceuticals, electronics, and food production.
Supplychain and logistics operations have become central to differentiated customer experience strategies. Real-time delivery status updates are crucial for keeping customers informed about their orders, ensuring they are present to receive them, and confirming that the contents meet their expectations.
Imagine if customers and suppliers within your supplychain were connected, tech-savvy and more than ready to find the answers to questions themselves rather than wait on hold for a friendly consultant to help them. Self-service within your supplychain. Self-service via a supplychain portal.
By attending the webinar, participants will: Learn – in real world examples – what a Blockchain is, how it works, and which business processes are already benefitting from the technology. Supplychain, logistics and transportation professionals hoping to learn blockchain basics. ABOUT THE PRESENTER. TOPICS COVERED.
Software company Setlog will present its enhanced SCM software OSCA at the LogiMAT intralogistics trade fair in Stuttgart (31st May – 2nd June). In Hall 7 Booth C61, the supplychain experts from Bochum will demonstrate the IT tool’s five solutions. The tool is used by more than 150 brands worldwide.
In February 2023 I wrote the article What Does 2023 Have In-Store for Global SupplyChains? It introduced the survey we had just launched to determine the perceptions, priorities, and strategic initiatives of today’s supplychain and logistics executives. Meanwhile, labor constraints are as binding as ever.
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?
But what really gets the supplychain and warehouse managers in a sweat are extremely intense sales days or weeks such as the well-known Black Friday or Cyber Monday. The warehouse technologies for manual, semi- or fully automatic solutions are perfectly balanced, and all processes run smoothly.
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?
The supplychain has experienced more disruption and subsequent evolution than any time in recent history. As a result of COVID-19, companies have had to reevaluate the state of their supplychains and make the necessary adjustments to make them thrive in a time of great uncertainty. Agility is More Important Than Ever.
A transformation that is based on the idea that by putting in new applications the company will automate a process, or processes, and provide more and better data to make decisions, is a poor foundation for a true transformation. GEON Embarks on a Digital Transformation GEON Performance Solutions is embarking on a supplychain transformation.
While your company undoubtedly has sustainability on its supplychain agenda, creating momentum can be tricky in what is after all, a fairly new way to approach performance improvement. How to Develop a Sustainable SupplyChain. But how do you get started on sustainable supplychain development?
For global businesses, supplychain resilience is the name of the game. As a result, supplychain leaders have been exploring alternative, more predictable options. The key will be to leverage available opportunities and address gaps to ensure the SEA supplychain can compete on a global level.
Automate was not co-located with ProMat as it has been in years past. McCormick Place North Entering the grand concourse and riding the escalator up one floor, we will take a left hand turn into the North Hall, home to the North Manufacturing and Assembly Solution Center and the Robotics and Automation Solution Center.
Thanks to advancements in technology including cloud computing, internet of things (IoT), drones, and mobile, yard visibility and management are now reaching new heights as the picture of the “Digital Yard” comes into very clear focus. For example, companies can now do in days what used to take weeks of programming and customization. .
There’s no doubt that the role of data, technology and analytics in retailer decision-making is growing, and that this trend will further heat up over the next few years. I spoke with Daniël van Gool, Director of SupplyChain Development at Peapod, a leading U.S. I’m the Director of SupplyChain Development.
Curious about the different types of automation? Many companies are excited by the prospect of increasing efficiency and productivity with some help from automated equipment. But which technology type is right for your application? Table of Contents What Is Automation? You’re not alone.
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