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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. By tracking these metrics over time, organizations can pinpoint areas for improvement and tailor their strategies accordingly.
At the recent ARC Forum 2025, Rachelle Howard, Director of Manufacturing Systems Automation and Digital Strategy, showcased how Vertex strategically blends advanced technology with a strong people-focused culture to boost manufacturing and supply chain agility.
For example, a warehouse inventory discrepancy may only matter if it affects high-priority orders or strategic customers. For example, an AI agent can detect an issue in a regional distribution center and evaluate its impact across the global network, providing planners tailored recommendations to address the disruption.
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.
Speaker: Shaunna Bruton, Danielle Wyllie, and Kailey Holmes
Gain insights into the following: 🎯 Understand the essential role of customer data in creating personalized retail experiences 🔍 Master the step-by-step process for collecting and analyzing data for personalization success 🚀 How to apply new found insights to enhance both online and offline shopping experiences 🛒 Learn (..)
Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. When developing a sourcing strategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used). About Ron Crabtree. Ron Crabtree.
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. Automation as key for growth.
Supply chain and logistics operations have become central to differentiated customer experience strategies. Companies that provide a unique experience can draw in and keep more customers, leading to enhanced growth and increased profitability. A superior experience now transcends reliable and consistent delivery services.
Balancing Cost-Efficiency with Ethical Sourcing and Compliance Cost-efficiency remains a primary driver for supply chain strategies, but it must be balanced with ethical sourcing practices. For example, using AI-powered tools to optimize logistics can reduce energy consumption and enhance sustainability.
Image source: iStocks | The Ultimate Guide to Fleet Management: Strategies to Control and Optimize Your Processes Investing in a fleet management system results in an improvement in internal processes, which directly reflects the quality of the service provided to the end customer. Speak with 3PL Links to maximize your fleets performance!
Infor’s CEO, Kevin Samuelson Infor’s strategy for differentiating their business from competitors like SAP and Oracle rests on a truly differentiated approach to ensuring that their customers get ongoing value from the business applications they purchase. For example, Google Maps app is a public cloud application.
Since joining Trimble, Williams has led product development and strategy for Trimble’s award-winning dynamic freight procurement solution, Engage Lane. Explore Trimble’s strategies for improving productivity by addressing the fragmented nature of the transportation industry.
Over his 30+ year career in the supply chain, Richard has worked with manufacturers around the world in operations, supply chain, and lean strategy roles to develop systems that can manage complex supply chains on a global scale. Richard previously founded and led Factory Logic, Inc. acquired by SAP).
There must be efficient strategies deployed to reduce the spread of pests and different stakeholders must contribute in some way. The emerald ash borer, a devastating wood-boring insect found in China and eastern Asia, is an example of a pest that is expensive to eradicate. According to U.S. economy more than $1 billion annually.
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.
By David Beaumont On 17 April 2024, Defence’s Integrated Investment Plan was published as a companion to Australia’s National Defence Strategy. [1] There are, of course, many other examples where assumptions had led to risks being accepted in advance of war, and preparedness failures occurred as a result.
Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy. Market Intelligence: Suppliers often have access to valuable business and supply market intelligence, which can inform a company’s strategy especially in the area of direct spend.
That strategy can lead to thousands of scenarios, and still no number of scenarios will answer all questions. Another strategy is to dedicate resources and build the best algorithm for demand forecasting. For example, Colorado should be serviced by the plant in Texas in certain months and by the California plant during others.
Overlaying a dynamic layer on top of the WMS can sometimes be the the best and most efficient strategy. For example, adding a new workflow to accommodate a different order fulfillment strategy or scaling the system to handle increased volume during peak seasons can become a time-consuming and expensive process.
Thats why its more important than ever to focus on strategies that work and make them part of your plan moving forward. Lets explore the key strategies that can keep your business ahead of the competition in 2025. Make Sustainability a Core Strategy Consumers care more than ever about where their products come from and how theyre made.
For senior leaders, understanding and integrating the three pillars of sustainability—environmental, social, and economic—into supply chain strategies is essential. Regulatory demands, rising consumer expectations, and global challenges such as climate change and social inequality have made sustainable practices a strategic priority.
Diversified Port Strategies : DGL identifies and utilizes alternative port options to keep your cargo moving. By building flexibility into our logistics strategies, we can redirect shipments to less-affected ports, minimizing delays.
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. As a result, security firms might need to adjust their pricing strategies to maintain profit margins.
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. Finally, rigid fulfillment networks compound the problem.
The prevailing strategy was to produce goods in low-cost countries and distribute them globally, optimizing for economies of scale. These events highlighted the urgent need for diversification and risk mitigation strategies across global supply networks.
Here are seven proven strategies every supply chain manager should explore to streamline operations, boost efficiency, and drive profitability. Example: Retail giant Zara uses real-time data from its stores to adjust inventory dynamically. Cost Saving Tips for Every Supply Chain Manager 1.
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. Common examples of Supply Chain Disruptions So what are the main reasons that you need to consider supply chain resiliency in the first place?
For example, with a data gateway, a supply planner gains accelerated access to customer orders, inventory levels, and transportation schedules, all in one place, to increase the user experience of making the right choice to identify inefficiencies and make better, more informed decisions. Learn more at InterSystems.com/DataGateway.
In 2017, a strategy consultant was hired to do a top-to-bottom assessment of the Boston University procurement program. For example, he wanted a better way to manage tail spend. For example, the University may need to buy five snowplow attachments for the front of its Ford F-150 trucks. They recommended a change in leadership.
For example, with a data gateway, a supply planner gains accelerated access to customer orders, inventory levels, and transportation schedules, all in one place, to increase the user experience of making the right choice to identify inefficiencies and make better, more informed decisions. Learn more at InterSystems.com/DataGateway.
For example , let’s consider a dataset of 100 lawn measurements in a given town. This strategy empowers organizations to make informed decisions that improve marketing efforts, maximize profitability and enhance operational efficiencies. Heres another example.
For example, flexible systems allow warehouses to shift resources seamlessly between e-commerce and business-to-business (B2B) operations, enabling smooth transitions between high-demand cycles for different clients. Clear goals ensure that investments in flexibility and throughput align with broader business strategies.
An efficient supply chain strategy is one that takes every aspect of your supply chain into account, from inventory management and warehouse design to freight tendering and transport optimisation. For example, in some instances simply adjusting delivery windows can save more than you can through rate negotiations.
With a strong business intelligence foundation in place, businesses can enhance their strategies and ultimately drive growth through informed decisions. Data-Driven Strategy Formulation Organizations can leverage deeper insights to shape their strategies and operations.
A nuanced understanding of these elements is critical for informed decision-making, thus let’s examine current costs, challenges, and potential strategies and offer a realistic perspective on the possibilities of space freight logistics. The materials and engineering involved in refurbishment reduce costs only incrementally.
One powerful strategy that has gained traction is outsourcing logistics to a third-party logistics (3PL) provider. For example, a mid-sized e-commerce company that partnered with a 3PL was able to reduce its shipping costs by 25% thanks to the provider’s bulk shipping agreements.
For stakeholders navigating this environment, understanding key industry drivers, challenges, and future trends is critical for crafting effective strategies. For example, the global logistics automation market is expected to grow from $50 billion in 2023 to $120 billion by 2030, according to Allied Market Research.
Successive governments have determined that applying zero duty on wine is the best strategy to help winemakers keep producing and selling. For example, in the UK, duty on a bottle of wine is currently £2.23, and on top of that, there’s a 20% VAT. For example, Ryanair was supposed to get 20 deliveries before the end of December.
In the podcast interview, Ann shared 3 strategies that people can use to be more productive, happier, and healthier, in other words reclaiming your energy, passion, and time. Strategy 1 – Be present! Strategy 2 – Use cognitive steps to encourage good behavior and discourage bad behavior.
A resilient and agile supply chain strategy is not just a prudent choice—it’s a necessity, especially within the context of chemical supply chains. Challenges in Supply Chain Strategy Planning Designing a resilient and agile supply chain organization is not without its challenges.
Costco example: they sell different brands and market their brand Kirkland, which now accounts for approximately 25% of their revenue. Private label is becoming an important strategy for retailers. So, what is Costco? A retailer or a producer? The rise of private label within retail.
Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ For regulators and the public, reverse logistics may be judged by how safe and how green the process is, for example, recycling products instead of throwing them into a landfill. Reverse Logistics Strategy 1: Don’t do it!
Let’s explore common ways brands can better manage parcel and some less known ways brands can really maximize the cost savings…spoiler alert one natural deodorant company saved over $900,000 in annual parcel expenses utilizing these strategies. Well they achieved it by deploying these exact strategies.
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