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Supply chain disruptions have become a persistent operational risk. Traditional supply chain planning, which relies on historical data and reactive adjustments, is no longer adequate for managing these challenges. Amazon is a leader in AI-driven supply chain management.
Supply chain 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 supply chain networks.
Worst Case Scenarios for Freight Brokers with Lisa Bruno. Lisa Bruno and Joe Lynch talk about the worst case scenarios for freight brokers. Lisa is an Industry Consultant at CarrierDirect which is a consulting firm supporting the transportation and industry, logistics, warehousing, supply chain and also provide technology support.
He is responsible for driving strategy, customer engagement, and industry analysis. He was named a Pro to Know in 2021 by Supply and Demand Chain Executive. Predictive Forecasting: DAT’s predictive forecasting models provide insights into future market conditions, allowing businesses to plan strategically.
Speaker: Rod Robinson - SVP of the Supplier Diversity Practice, Insight Sourcing Group
Supplier diversity programs are impactful and effective tools in your business strategy because they guarantee a diverse supplier base and ensure inclusivity within your ultimate procurement plan. This session will also cover: How to widen your pool of potential suppliers to achieve stronger supply chain resilience and adaptability.
What Shippers and Retailers Need to Know for Peak Season Planning 2022. Original Article: What Shippers and Retailers Need to Know for Peak Season Planning 2022. We’ve seen how the lockdowns in Shanghai snarled global supply chains. WRITTEN BY STEFANY MARTIN / POSTED ON JUNE 9, 2022. Weather events might also be factors.
In today’s fast-paced e-commerce landscape, last-mile delivery has emerged as a critical component of the supply chain. 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.
Situation Companies are increasingly confronted with complex planningscenarios due to predictable events such as mergers and acquisitions, category expansions, supplier changes, and distribution evolution, as well as disruptive events including demand volatility, material shortages, capacity constraints, and logistical surprises.
Pawan Joshi and Joe Lynch discuss bridging supply chain silos. Pawan is the Executive Vice President, Product Management & Strategy at E2Open , a supply chain platform that is helping the world’s largest companies transform the way they make, move, and sell goods and services.
Speaker: Robert Olszak- Vice President, Global Supply Chain Optimization, RGP
As a supply chain director, you want to ensure that your supply chain network can withstand any disruptions and be optimized for peak performance. The global logistics market is growing, and companies need to prepare for the next generation of supply chain management.
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 supply chain that is often not given enough attention – building strategic relationships and shared value with direct spend suppliers.
Why Resilience Is No Longer Enough Supply chains were once designed for efficiency, not disruption. But in today’s world of pandemics, geopolitical shocks, and extreme weather events, efficiency alone is a fragile strategy. But how do you engineer antifragility into your supply chain?
They used the phrase planning at the edge of chaos. The Need for Speed When you talk to supply chain planning software suppliers, they identify similar trends. However, Alex Pradhan, the global product strategy leader at John Galt Solutions, talks differently about what her company sees in the market. I love that.
Note: Today’s post is part of our “Editor’s Pick” series where we highlight posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. After three.
Manufacturing leaders who built resilient supply chains were successful in 2021, despite the many supply and demand fluctuations. Supply chain visibility, collaboration, and orchestration are now the top priority for executives. Based on extensive research, TadaNow offers eight trends we believe companies should plan for: 1.
Why Transformation Is a Boardroom Priority Supply chain management is now a core strategic concern for business leaders. Companies that fail to modernize face supply shortages, revenue loss, and regulatory risks. The Shift from Cost-Cutting to Resilience For years, supply chains prioritized cost reduction over resilience.
TSX: KXS) an end-to-end supply chain orchestration, today announced a new partnership that will deliver improved alignment of supply chain plans with business objectives and strategies for midmarket discrete manufacturing companies.
The logistics and supply chain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Businesses face heightened uncertainty in managing costs and securing stable energy supplies. Immutable records enable accountability throughout the supply chain.
Manufacturing leaders who built resilient supply chains were successful in 2021, despite the many supply and demand fluctuations. Supply chain visibility, collaboration, and orchestration are now the top priority for executives. Based on extensive research, TadaNow offers eight trends we believe companies should plan for: 1.
When planning your weekend, you might check a 5-day weather forecast, which provides probabilities of rain, sunshine, or cloudy skies. Recently, Steve Banker wrote an article about taking a flight and planning the drive to the airport. Picture this: you need to plan your inventory levels for the upcoming holiday season.
Trade policies are constantly evolving, forcing companies to assess how these changes impact customer demand, supply networks, fulfillment strategies, and cost to serve. Supply chains need to be more agile than ever, yet much of the advice circulating in the industry remains high-level or less than ideal.
Hannah Kain and Joe Lynch discuss the outsourced supply chain, a topic Hannah is familiar with due to ALOM ‘s extensive experience managing supply chain functions for diverse industries. About Hannah Kain Hannah Kain is President and CEO of ALOM, a supply chain company she founded in 1997.
Today’s supply chains are fraught with uncertainties across demand and supply yet are tasked with adding incremental value to their organizations while also meeting commercial, working capital and sustainability goals. The challenge for supply chain teams lies in increasing knowledge to create value amid this complexity.
Speaker: Ron Spiteri, Director of TXM Lean Solutions
The pandemic has been the most significant disruption to global supply chains since the dawn of the industrial world. A key learning of this disruption has been the need for business continuity planning to mitigate future disruptions, which we know will come. How to develop Prevention, Preparedness, Response, and Recovery strategies.
The modern supply chain 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 supply chain compliance.
Supply chain practitioners seeking the best way to speed decision intelligence, unify supply chain data, and increase operational efficiency can benefit from a supply chain data gateway. Here are 10 ways a supply chain data gateway can improve your performance across the end-to-end supply chain.
Developing a Distribution Strategy with Matt McGregor. Joe Lynch and Matt McGregor discuss developing a distribution strategy. Distribution strategy is one of the areas of focus for Matt and the Colliers Real Estate team. Key Takeaways: Developing a Distribution Strategy. Elements of a successful distribution strategy.
Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. About Paul Noble As Founder and Chief Strategy Officer of Verusen, Paul Noble oversees the company’s vision and strategic direction.
In 2023, shippers have an opportunity to reimagine their supply chain operations so they’re well equipped to navigate any future disruption. Understanding when and how to leverage real-time, spot, contract and dedicated procurement—depending on business needs and the state of the market—will be vital to navigating supply chain volatility.
Jonathon and Sarah are partners in PATH , a supply chain market research and business management firm that helps businesses understand their customers, employees, and the market better to drive long-term growth. Her expertise is in new product/market strategies, customer and employee experience, and change management.
How Hurricanes Cause a Ripple Effect in Global Supply Chains The damage from hurricanes extends far beyond the ports themselves. Global supply chains are intricately connected, and even a small delay in ocean freight shipments can cascade into significant disruptions worldwide. companies but global operations.
While predicting the future is never an exact science, utilizing data and partnering with a 3PL provider to strategize next steps when disruptions arise will keep each link in the supply chain connected, resulting in accurate planning and execution.
ARC Advisory Group has been covering the Supply Chain Planning ( SCP ) market for 17 years. The pandemic brought home the need for companies to run agile and resilient supply chains. Supply chain agility reflects a company’s ability to respond quickly to surges or plummeting demand.
Speaker: Cathy Morrow Roberson, Founder and Head Analyst, Logistics Trends and Insights, LLC
Most companies publicly communicate the belief that automation is a valuable asset for supply chains. Because supply chain managers continue to struggle to communicate and quantify the value of automation -- and this lack of clarity causes unintentional misunderstandings and misallocation of budgets.
Andersen Not many years ago there was a CEO so exceedingly fond of finding the right strategy that he spent all of his money on consultants to tell him what the strategy should be. One day there came two consultants and they said they could craft the most magnificent strategy imagianable. ” But he did not say so.
He ran marketing for a large 3PL before launching his own marketing agency, Logistics Marketing Advisors, which focuses exclusively on providing marketing strategy and services to logistics businesses. They have been featured in leading industry publications such as Logistics Management, Supply Chain Management Review, and FreightWaves.
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 supply chains break down. Supply chain resilience is your business’s ability to bounce back when things go wrongand in today’s world, things will go wrong.
Overcoming Supply Chain Disruptions with Shanna Greathouse and Tony Nichols. Tony Nichols , Shanna Greathouse , and Joe Lynch discuss overcoming supply chain disruptions. Tony and Shanna work at CarrierDirect , a company that specializes in helping companies minimize supply chain risk. About Tony Nichols. Financial implications.
Speaker: Olivia Montgomery, Associate Principal Supply Chain Analyst
The supply chain management techniques that dominated the last 30 years are no longer supporting consumer behavior or logistics and manufacturing capabilities. What should your plans for 2023 include? You'll learn more about: Trending supply chain tech investments to consider. So what’s working now?
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. Let’s look at some of the best ways to make your supply chain more efficient. What is Supply Chain Efficiency?
According to research by Ernst & Young LLP, the global consulting firm, as the Covid crisis recedes, supply chain executives are losing the strategic gains they made with their C-suite counterparts. 28% of supply chain leaders cite cost reduction as one of the top three priorities currently.
The Indian government is moving forward with plans to launch a new container shipping line named Bharat Container Line, signaling a significant development in the nation’s maritime strategy. What are the specifics of Indias new plans for transforming the countrys shipping landscape?
Autonomous delivery vehicles (ADVs) are bringing significant changes to last-mile logistics, an essential component of the supply chain. However, integrating these systems will require careful planning, particularly regarding regulatory compliance and managing workforce changes.
Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). 🎯 Strategies for aligning cross-functional teams for seamless product launches.
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