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In today’s interconnected global economy, sustainability within supplychains and logistics has become a necessity rather than an option. For senior leaders, understanding and integrating the three pillars of sustainability—environmental, social, and economic—into supplychain strategies is essential.
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.
The COVID-19 pandemic has exposed many risks and uncertainties in supplychain networks. How are companies leveraging scenario modeling for network design and optimization ? Current Technologies in Use for SupplyChain Network Design . Read on for common use cases. .
Supplychain automation refers to the tools and technologies we can use to make manual tasks automated, reducing the need for human workers. It’s sometimes misunderstood, but it’s actually integrated into almost all supplychains nowadays in av ariety of different ways. What is SupplyChain Automation?
Supplychain resiliency and sustainability are top priorities for CEOs today. To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supplychains to collaborative supply networks and actively design their supplychains.
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.
During our conversation, Eddie and I spoke about the changing nature of global supplychains in the face of the ongoing Covid pandemic as well as the continuing surge of e-commerce. First, what is the current state of supplychain technology? Third, what are the big trends in warehouse and transportation management?
There are some young supplychain technologies that are getting a lot of buzz. In this article, the main hyped, promising, and solid solutions but widely adopted technologies in supplychain management are discussed. We continue to see companies pitching their blockchain solutions in the supplychain realm.
The solution is to back up, figuratively speaking, to the general definition of the need and see how overall trends and developments in the world could make this need map onto other, different solutions. Cloud computing itself is a prime example. In addition, companies may also have to contend with a new form of marketing myopia.
Our team put several resources together to help supplychain organizations navigate through this crisis safely. . The next 2-4 weeks are critical to understand the exposure throughout your value chain, take actions to address anticipated shortages , and ensure resource requirements to restart. Evaluate different scenarios .
According to Bloomberg , the coffee supplychain is struggling with constrained supply and increase in prices is inevitable. Traditional, linear supplychains struggle to adapt. This article explores how adaptive supplychains can help businesses thrive.
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 designingsupplychains with optionality so it does not become cost prohibitive. SupplyChainDesign is essential in tackling these.
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 supplychaindesign.
From demand shifts and evolving customer preferences, to new product introductions and sales strategies, volatility creates a continuously moving target for supplychain managers. But most enterprise planning systems weren’t designed to rapidly adapt to these changes—they were designed for problems that have already been solved!
There are some young supplychain technologies that are getting a lot of buzz. In this article, the main hyped, promising, and solid solutions but widely adopted technologies in supplychain management are discussed. We continue to see companies pitching their blockchain solutions in the supplychain realm.
Intro to 2020 SupplyChain Management Trends. Throughout the last decade, the main trends were digitization and globalization. Supplychains have lengthened and extended across borders, bringing a whole new host of opportunities and challenges. 2020 supplychain management trends will further these shifts.
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!
In recent years, the world has witnessed a significant shift towards sustainability and environmental consciousness in various industries, and the e-commerce supplychain is no exception. Current SupplyChainTrends in Green E-commerce 1. The Green E-commerce Future 1.
Call it a cop-out if you like, but seriously, predicting which logistics and supplychaintrends will make a difference to businesses in any given year has become notoriously difficult, given the speed at which technology in particular can suddenly disrupt the way things are done.
We spoke with CTSI-Global to learn more about their approach to transportation management and the solutions they provide for businesses navigating the complexities of supplychain operations. The company shared examples of its long-term collaborations with businesses such as Texas Instruments and Home Depot.
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.
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. AI can refer to several different types of math.
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. An automotive company I collaborated with conducted detailed modeling of potential tariff impacts on semiconductor supplychains.
From shortages of personal protective equipment to a variety of grocery items to electronics and apparel, coronavirus ( COVID-19 ) has hit the global supplychain in expected and unforeseen ways, and it seems likely that it could take many months to recover. Bringing Analytics to SupplyChain Management.
Every supplychain has a central purpose, regardless of size or industry: getting materials from their point of origin to the place they’re needed as quickly and inexpensively as possible. Designing a supplychain to accomplish that task isn’t as straightforward as it seems, especially when technology is involved.
It’s that time when idle chatter at the office Christmas lunch turns to debating what next year will bring, especially among logistics and supplychain professionals, for whom it seems every New Year brings new challenges, trends, and disruptive innovations. The 7 Trends for SupplyChain Pros to Watch in 2018.
Shortages of products from toilet paper to microchips during the coronavirus pandemic highlighted the value of supplychain resiliency, and the opportunities for companies that aren’t as prepared as they would like. By contrast, supplychains that are too lean may not have enough flexibility and redundancy to survive unscathed.
Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supplychain leaders to reconsider supplychain inventory practices. Calls are increasing for a return to just-in-case (JIC) policies, with some citing this trend as a risk. Why tell this story?
We’ve only just entered the second half of the year and people haven’t even taken their summer vacations yet, so why are we talking about holiday supplychains now? Shouldn’t this alleviate the pressure on holiday supplychains?”. Last year, retailers started encouraging holiday shoppers to shop early. Not really.
This trend, known as reshoring , is driving the emergence of regionalized freight networks , optimizing supplychains for efficiency, cost savings, and resilience. Automated fulfillment centers designed for faster order processing and shipping. China trade tensions driving businesses to reconsider offshore manufacturing.
Supplychain resilience is a hot topic the last few years since post-Covid issues and newsworthy incidents like the Houthi attacks in the red sea have raised awareness. The bridge collapse is a stark reminder of the vulnerability of the nation’s aging infrastructure and the importance of supplychain resilience.
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 supplychain software vendors have customer events in various countries around the world.; Most of the conferences on our list are in the U.S.,
At the ARC Industry Leadership Forum in February, I had the opportunity to sit down with John Delligatti, Director of Digital SupplyChain Transformation at SDI , to discuss the pandemic, Maintenance, Repair and Operations (MRO), and the future of supplychain management. You can watch the full interview below.
When it comes to supplychaindesign, we’re at another inflection point in the industry. The first one arrived a few years ago when a growing number of companies started treating supplychaindesign as a continuous business process instead of a standalone project or a once-a-year exercise.
Interview with Lora Cecere, Founder and CEO of SupplyChain Insights and Author of SupplyChain Metrics that Matter ( published December 2014 ). Lora Cecere is the founder and CEO of the research firm SupplyChain Insights. I couldn’t write how supplychain had improved balance sheets.
When it comes to educated speculation about the future of supplychains, I can think of nobody better to talk to than Sheri Hinish. They include the “People’s Choice 2020 Global Woman in SupplyChain Leader” and Supply & Demand Chain Executive “Pro to Know” for 2019, 2021, and 2021.
Image Source: Pexels | Exploring Top 10 Logistics Trends for 2023 and Beyond The adoption of new technology will modernize your company, ensure strong competitive advantages, and make jobs that before looked difficult efficient and productive. Image Source: Pexels | Exploring Top 10 Logistics Trends for 2023 and Beyond 6.
The COVID-19 pandemic has exposed many risks and uncertainties in supplychain networks. How are companies leveraging scenario modeling for network design and optimization ? Current Technologies in Use for SupplyChain Network Design . Read on for common use cases. .
In today’s fast-paced e-commerce landscape, last-mile delivery has emerged as a critical component of the supplychain. In this article, we will explore these last-mile delivery optimization strategies and the role of route optimization software as we look ahead to industry trends shaping the future of delivery in 2025.
However, one thing that should come to mind is the prowess of the retail giant’s supplychain excellence. million employees without a focus on good supplychain management. ” The Key’s To Walmart’s SupplyChain Management Excellence over the Year. ” Walmart states early on.
Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ Reverse logistics, while not being the opposite of forward logistics, is still about products moving backwards in the supplychain. Much depends upon the nature of your supplychain operation of course.
The Logistics Trend Behind The Latest Trend. About the Author: Founder of ShipStarter, Kenneth is a 25+ year professional of the supplychain industry. Are You Up With The Trends? That shirt you need to buy for the summer may not have been designed yet. Contributed Article. Drinking matcha tea yet?
A large multinational is undergoing an impressive supplychain transformation that will run through 2023. A Complex SupplyChain. Not surprisingly a company this big, delivering different solutions to a variety of industries, has a complex supplychain. Products can also be designed with resiliency in mind.
One of the trends I’ve been writing and talking about is how the clockspeeds of every industry are accelerating and how companies are having a hard time realigning their processes, organizational structures, and technology platforms to keep up with this rapid pace of change. What does that mean exactly? “As
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