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Key Challenges in Fresh Grocery & Supermarket SupplyChains. Original article: Key Challenges in Fresh Grocery & Supermarket SupplyChains. Grocery retail supplychains have known a not-so-subtle secret for a number of years now: fresh is in. The Challenges of Grocery Retail SupplyChain.
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.
Insights from Gartner’s Hype Cycle for SupplyChain Strategy, 2020. Supplychain 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.
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.
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. However, the study points out dissatisfaction with outdated technology, which impacts productivity. billion annually.
The transportation, logistics, and energy storage sectors are undergoing profound transformation, driven by rapid technological advancements, evolving consumer expectations, and the global pursuit of sustainability. In 2023 alone, over $100 billion was invested in EV and battery supplychain M&A deals.
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.
The supplychain management uncertainty in the post-COVID world shows no signs of letting up. With current conditions, it looks like there may never be a return to the pre-pandemic era of supplychain stability. How SupplyChain Management is changing. Benefits of a SupplyChain Management solution.
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.
While the pandemic was undoubtedly the catalyst for recent supplychain disruptions it’s not the only cause. Longstanding weaknesses in the supplychain like port infrastructure, outdated supplychain strategies and impacts of natural disaster and wars have all further affected global supplychains.
The virus continues to compromise supplychains and disrupt companies at a troubling rate, but a re businesses prepared from a supplychain planning perspective? . The era of globalization has enabled supplychains to be broader and more connected. First reaction s to the outbreak . questions.
According to one survey , only 27% of leaders believe that they have the talent needed to meet current supplychain performance requirements. What should supplychain leaders be looking for to close the talent gap? AGCO Logistics Team Accepts Prestigious SupplyChain Award.
Supplychain sustainability has become a very hot topic, but for a lot of people, there is uncertainty around its meaning. A recent ARC survey looked at reasons to address sustainability. This survey included over 400 respondents across a number of industries. Supplychain sustainability increases profitability.
Autonomous supplychains are systems that can operate with little to no human intervention, and they use artificial intelligence, robotics, automation, and sensors to optimize the flow of goods. The key technologies that enable autonomous supplychains are artificial intelligence (AI), robotics, sensors, and blockchain.
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.
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
However, technology has risen to dramatically alter the execution of supplychain functions. Technology poses the greatest opportunity for small- and medium-sized businesses to take advantage of innovative tools to ensure end-to-end tracking, visibility , and processing of products. Consumers Demand More Now.
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.
Change can be a good thing, particularly when it comes to getting a better handle on your supplychain spend. Suspicion that digitization will eliminate jobs is not without cause—there is no doubt that certain roles are changing or being eliminated by automation. Digitization is Your Friend.
Getting started with AI in supplychain might not start where you think. Instead start with the foundation of your AI strategy, which should be an understanding of your company’s supplychain and your data. Since this advice on getting started with AI in supplychain may seem counterintuitive, let me explain.
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 a survey of 150 global manufacturing executives, 47% committed to improving supplychain visibility and tracking. According to the Global SupplyChain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment. What is supplychain visibility?
The COVID-19 pandemic has exposed many risks and uncertainties in supplychain networks. Current Technologies in Use for SupplyChain Network Design . A recent Thomas survey found that 64% of manufacturing companies are likely to “bring production and sourcing back to North America” in view of COVID-19.
The supplychain industry is on a years-long digital transformation journey, and one of the key objectives that industry leaders almost universally aim to achieve is true end-to-end (E2E) visibility across their complex global networks of suppliers, partners and customers. So, what is true E2E supplychain visibility?
For a few years now, supplychain professionals and pundits have been speculating on what the so-called “new normal” will look like. Closer to home for supplychain professionals, driver shortages continue to plague the industry.
Contrary to general opinion, the causes of the supplychain disruptions currently being experienced worldwide were prevalent long before the Covid-19 pandemic. . The current war in Ukraine will further destabilize the global supplychain. Technology, or a lack of it, also plays a key role.
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
Supplychain risk solutions are hot. Exiger’s CEO, Brandon Daniels, told me they were larger than their three largest supplychain risk competitors combined. Then in 2019, the newly reorganized Defense Counterintelligence and Security Agency put special emphasis on protecting critical technology.
DIFFICULTY FINDING LABOR DIVERSIFYING WORKFORCE TECHNOLOGY IS TAKING OVER INCREASING CYBERSECURITY CARBON NEUTRALITY BUILDING RESILIENT SUPPLYCHAINS DIFFICULTY FINDING LABOR Manufacturers are still struggling to find labor, with a recent Deloitte survey estimating that the manufacturing sector will be short 2.1
Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supplychain leaders to reconsider supplychain inventory practices. Because switching from JIT to JIC is at best only a tool to address short-term problems and risk. Why tell this story?
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.
Many companies were in the midst of digitally transforming their supplychain when the Convid-19 pandemic hits. In this part 2 article, let us continue to explore the concrete actions we can take in our Digital SupplyChain journeys.
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.
Much has been written about what it takes to run a successful supplychain in the era of “get it to me fast and get it to me cheap.” Supplychain professionals are looking for ways to store goods closer to customers by investing in micro fulfillment centers and to optimize their facilities so orders can be processed faster.
A year before, in 2014, a Harvard Business Review article pointed out that supplychains were becoming increasingly global and complex and consequently more at risk than before. Supplychain disruptions. For example: Japan earthquake 2016. New trends in supplychain management. Source: McKinsey.
It’s even starting to be integrated into many industries especially supplychain. This technology is helping to lower costs, increase productivity, and improve key performance metrics. Below are examples on how AI is used in logistics. Autonomous Technology. IoT Technology. Final Thoughts.
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?
Prior to 2020, every supplychain in the world was challenged by increasing levels of demand unpredictability and market volatility. The sudden onset of COVID-19 only reinforced a lesson that supplychain professionals had already realized: uncertainty is the only real certainty. The Road to Agility and Resilience.
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.
In order to make their supplychains more resilient, companies invested more in sustainability in 2023. According to a global survey of 600 supplychain management executives conducted by Blue Yonder, almost half of the participants (48 percent) invested capital in this area.
Manufacturers and distributors can leverage Cloud ERP to revolutionize the way they do business and manage disruption as the impact of the global pandemic, regional instabilities, and natural disasters continues to cause supplychain volatility. Cloud ERP for a resilient supplychain.
What’s on the horizon for supplychain professionals? Many are relying on advanced analytics to optimize their supplychain for sustainability. Dubbed YAFO, the modeling tool also helps users understand how forests will adapt to a changing climate, drawing on data from multiple European countries. .
Artificial Intelligence is not a new technology, but widespread adoption and use of AI and machine learning in supplychain is still in its infancy. For example, only a minority of DCs today have installed systems for product slotting, workforce planning and other core warehouse functions.
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