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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.
Alerts and notifications from email, social channels, home devices, shopping apps and other platforms compete for our attention, creating an overwhelming stream of information. Decision-makers must operate with agility and speed, often orchestrating complex scenarios across vast supplychain networks. Who needs to act, and when?
In today’s fast-paced e-commerce landscape, last-mile delivery has emerged as a critical component of the supplychain. 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.
Supplychain practitioners seeking the best way to speed decision intelligence, unify supplychain data, and increase operational efficiency can benefit from a supplychain data gateway. Here are 10 ways a supplychain data gateway can improve your performance across the end-to-end supplychain.
Harvard Business Review recently published an article, “ To Build Resilience, CEOs Need to Become Supply-Chain Experts ”. In this article, we wanted to discuss one aspect of supplychain that is often not given enough attention – building strategic relationships and shared value with direct spend suppliers.
As a supplychain executive, picture beginning your day with a cup of coffee when a news alert notifies you of newly imposed tariffs affecting your primary suppliers in China. Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos. What Is Agile Procurement?
How Hurricanes Cause a Ripple Effect in Global SupplyChains The damage from hurricanes extends far beyond the ports themselves. Global supplychains are intricately connected, and even a small delay in ocean freight shipments can cascade into significant disruptions worldwide. companies but global operations.
An efficient supplychainstrategy is one that takes every aspect of your supplychain into account, from inventory management and warehouse design to freight tendering and transport optimisation. Let’s look at some of the best ways to make your supplychain more efficient.
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.
October 14th – 18th 2024 SupplyChain & Logistics News Yesterday, I landed back in the States from my autumn getaway. Successive governments have determined that applying zero duty on wine is the best strategy to help winemakers keep producing and selling. All of these factors can fluctuate from one year to the next.
How to Reduce Carbon Emissions in Your SupplyChain 1. Transportation Networks and Modal Shifts A good transportation strategy is one of the best ways to reduce emissions. For example, switching from air to ocean freight for non-time sensitive shipments can reduce carbon emissions by up to 95% per unit shipped.
Immigration & Labor Policy New Enforcement Priorities Under the new administrations proposed 2024 platform, significant changes are expected in immigration and labor enforcement. 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.
Image source: Pexels | 7 Cost-Saving Tips Every SupplyChain Manager Should Know Managing costs effectively is crucial for success in the competitive supplychain world. Here are seven proven strategies every supplychain manager should explore to streamline operations, boost efficiency, and drive profitability.
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?
Insights from Gartner’s Hype Cycle for SupplyChainStrategy, 2020. Supplychain professionals know it can be extremely challenging to drive day-to-day operational excellence and pursue innovation at the same time. Gartner’s Hype Cycle for SupplyChainStrategy, 2020 offers some guidance.
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 .
In todays rapidly shifting business landscape, supplychain evolution has become essential. The goalposts are constantly moving due to factors like global disruptions, technological advancements, and evolving customer demands. Benefits of resilient supplychains include: Improved Agility: Respond quickly to market changes.
When planning your weekend, you might check a 5-day weather forecast, which provides probabilities of rain, sunshine, or cloudy skies. Another example is commuting. Recently, Steve Banker wrote an article about taking a flight and planning the drive to the airport. The supplychain is no exception.
Thats what well explore in the article, both as a general indication of the supplychains impact on future business performance, and a guide for potential investors. Which SupplyChain Approaches Will Drive ROI for Investors?
Like any SupplyChain, Retail SupplyChains have their own unique challenges. They’re different from the SupplyChains you might see in industrial companies or wholesaling companies. The retail supplychain is dealing with the consumer directly and the customer really is King.
Despite these reductions, the industry faces complex economic, regulatory, and technological challenges that impact its scalability. For example, current costs for private space launches range from $2,600 to over $10,000 per kilogram, depending on the mission, which poses a barrier for smaller companies.
Scott Fenwick, Senior Director Product Strategy for SupplyChainPlanning at Manhattan Associates. Manhattan Associates, a leading supplier of supplychain and omnichannel management software solutions, recently had a major product release that will shake up the supplychainplanning market.
ARC Advisory Group has been covering the SupplyChainPlanning ( SCP ) market for 17 years. The pandemic brought home the need for companies to run agile and resilient supplychains. Supplychain agility reflects a company’s ability to respond quickly to surges or plummeting demand.
The time has come to implement a transportation management system (TMS). Youve prioritized TMS capabilities, analyzed vendors, and sat through several system demos. But the heavy lift with integration usually involves the interaction between your companys internal systems and the TMS software.
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. How does a fleet management system work?
In our previous blog, we explored how matrices enhance supplychain efficiency, from inventory management to logistics. This post dives into advanced applications of matrices, showing how AI, machine learning, and automation are transforming supplychains. Now, were taking it a step further. In case you missed it!
Cyberattacks seem to be growing in prevalence and severity, particularly those around the major supplychains in the US, including both the fuel supplychain and the food supplychain. SupplyChain Cybersecurity Risks Continue to Exist Around the Globe.
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.
The three traditional methods are the use of a transportation management system (TMS), transportation execution system (TES), and managed transportation services (MTS). Large shippers with complex needs may turn to MTS providers to plan and execute their loads. Look to the Cloud. Invest in Last Mile.
As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supplychainstrategy 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 supplychainstrategy.
Key Takeaways from This Article: COVID-19 has unveiled the fragility of a global supplychain predicated on lowest-cost principles. Increasing supplychain data visibility is a priority for logistics organizations looking to improve resilience. The COVID-19 crisis has hit the global supplychain from all sides.
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.
Supplychains are changing fast, and 2025 is set to bring even more challenges and opportunities. This year, its all about resilience, sustainability, and using technology wisely to stay ahead. Thats why its more important than ever to focus on strategies that work and make them part of your plan moving forward.
And how does technology change the way products are shipped? You’ve come to the right place if you’ve been wondering how to integrate modern technology into your business and what tools you’ll need. Automation in logistics is like putting technology to do the heavy lifting, reducing errors and saving time.
Manufacturers rely on data and their ERP platform to answer critical questions: What are our inventory levels? Here’s an example. After all, data is the foundation of digital transformation, and according to McKinsey the pandemic caused companies to accelerate their digital transformation plans by three to four years.
In order to meet some requirements, for example, of customers or corporations, the resources managed in logistics can include tangible items such as food, materials, equipment, liquids and stuff as well as abstract items such as information, particles and energy. What is Logistics?
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]. Waiting times in ports contribute to pollution, as the engine of a vessel stays running as it continues to power its onboard systems.
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.
You already know the biggest supplychain disruption of 2020: the COVID-19 pandemic. With that said, how can you keep your supplychain running as smoothly as possible in the meantime? The way you plan your 2021 will be unique to your business, depending on your industry and how you’ve been impacted.
Waste has been the default setting of supplychains for decades. A circular economy , where materials are reused, repurposed, or recycled to create a more sustainable supplychain that minimizes waste and maximizes value. H&Ms Garment Collecting Program is a perfect example of reverse logistics in action.
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.
Matt Hoffman, Vice President of Product and Industry Solutions, at John Galt Solutions One-number plans are bad plans. A one-number forecast, for example, looks across the range of demand that might emerge in a period and decides to create a forecast that is mid-way between the most and the least demand that is apt to emerge.
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.
As I was enjoying the holidays, I had an opportunity to reflect on the year past and what the future holds for supplychains. However, organizations will need to be deliberate in designing supplychains with optionality so it does not become cost prohibitive. SupplyChain Design is essential in tackling these.
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