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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.
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?
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.
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.
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.
Global supply chains have been tested repeatedly by a series of disruptive events, including the COVID-19 pandemic, U.S.-China In response, many organizations have shifted toward decentralized and regionalized supply chain models, distributing production and sourcing across multiple regions.
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.
The adoption of AI in supply chain automation is enabling companies to make more accurate decisions, reduce cycle times, and better manage complexity. AI in supply chain automation is gradually reshaping how core functions operate, particularly in procurement, warehousing, and logistics.
About Danny Frisco As CEO and co-founder of Rapido Solutions Group, Danny oversees sales and is responsible for the long-term strategy and vision of the company. About Rapido Solutions Group Rapido Solutions Group bridges the gap for logistics & supply chain firms, connecting them with top Mexican talent.
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.
By setting new benchmarks for efficiency and promoting decentralized technologies, DOGE could significantly influence manufacturing and supply chain logistics. Transforming Supply Chain Logistics DOGE’s principles could also revolutionize logistics by addressing inefficiencies in government-managed operations.
Digital twins are emerging as digital transformation accelerators for supply chain and logistics organizations seeking enterprise-level visibility, real-time scenario modeling, and operational agility under disruption. Introduction: Why Digital Twins Matter Now The pressure on supply chains has never been greater.
How to Reduce Carbon Emissions in Your Supply Chain 1. Transportation Networks and Modal Shifts A good transportation strategy is one of the best ways to reduce emissions. Data Driven Carbon Tracking and Reduction Having robust carbon tracking across your supply chain enables better decision making and continuous improvement.
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?
Managing the supply chain can be a challenging and complex task, especially for U.S. However, importers can significantly enhance their supply chain’s efficiency and reduce costs, while also improving customer satisfaction and increasing profitability by implementing several essential strategies.
The pandemic was a wake-up call for many industries, exposing vulnerabilities in global supply chains and highlighting the need for greater supply chain resilience and adaptability. By spreading your risk, you can better navigate unexpected challenges and maintain continuity in your supply chain.
Supply chains are changing fast, and 2025 is set to bring even more challenges and opportunities. 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.
Home No More Black Swans: The Age of Supply Chain Uncertainty Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. Everything should be expected and planned for.
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article is from Patrick Byers, DevOps Engineer at Lucas Systems, and looks at cybersecurity planning frameworks. To read the full article, click HERE.
In todays rapidly shifting business landscape, supply chain evolution has become essential. Companies that rely on reactive strategies risk falling behind, while those that prioritize resilience are better equipped to thrive. Benefits of resilient supply chains include: Improved Agility: Respond quickly to market changes.
As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy 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 supply chain strategy.
Large shippers with complex needs may turn to MTS providers to plan and execute their loads. Below are some transportation strategies for success for suppliers of TMS, TES, and MTS. Companies need to build a SaaS offering into their near-term growth plan to remain competitive in a crowded market. Look to the Cloud.
All supply chain vendors seek to position themselves as leaders in supply chain AI. Datacenter Hardware: The demand for powerful computing to train ever larger and more accurate AI models is insatiable. AWS has custom AI chips Trainium and Inferentia , for training and running large AI models.
They offer CEO mentoring, executive coaching, strategyplanning, and team building. Our Vision & StrategyPlanning services align your team and drive focused outcomes. Leadership Consulting: Arcqus Group specializes in executive leadership development, business strategy, and organizational growth.
In 2010, he transitioned to a career in sales, cutting his teeth in door-to-door office supply sales for 15 months before accepting an opportunity with a leading technology and data provider in the transportation industry. Xpress–two top trucking firms headquartered in Chattanooga. His experience at U.S.
That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning.
According to one survey , only 27% of leaders believe that they have the talent needed to meet current supply chain performance requirements. What should supply chain leaders be looking for to close the talent gap? AGCO Logistics Team Accepts Prestigious Supply Chain Award. Mr. Stevens talked about their supply chain initiative.
Thats what well explore in the article, both as a general indication of the supply chains impact on future business performance, and a guide for potential investors. Which Supply Chain Approaches Will Drive ROI for Investors?
Meanwhile, Blue Yonder , a company more narrowly focused on providing best-of-breed supply chain applications, had system integration revenues of over 35% of sales in TMS according to the ARC “Supply Chain Planning Global Market Research Study.”. Becoming Partner Centric is Not Easy. The transition is not easy.
"The digital technologies hitting the marketplace today promise to make the changes in supply chain practice over the next five to 10 years dwarf that which we have seen in the last 10,” says Ted Stank, of UT’s Haslam College of Business. To meet the unique needs of their business, they often stack technologies.
History of Supply Chain Management. Over the last 100 plus years of the history of supply chain management has evolved from an initial focus on improving relatively simple, but very labor-intensive processes to the present day engineering and managing of extraordinarily complex global networks.
In a recent report in July 2023 by CargoNet , it was found that supply chain risk events increased 57 percent year-over-year (YoY), accounting for 44 million in stolen shipments in quarter two of the calendar year. Common Cargo Theft and Fraud Scenarios Dealing with cargo theft or fraud when shipping freight is far from ideal.
Recent supply chain disruptions are forcing organizations to challenge the prevailing wisdom and look for newer approaches to decision making. The simultaneous shocks to demand and supply, and the magnitude of these shocks are not something the world ever experienced.
Cyberattacks seem to be growing in prevalence and severity, particularly those around the major supply chains in the US, including both the fuel supply chain and the food supply chain. Supply Chain Cybersecurity Risks Continue to Exist Around the Globe.
Lizet Tymon, the senior supply chain management director at Jabil. Lizet Tymon, the senior supply chain management director at Jabil, has an interesting story to tell about how she advanced from being one of hundreds of managers at Jabil to being a senior director at this Fortune 500 company. Jabil is a big company.
The solutions to supply chain problems boil down to the right combination of three factors—technology, data and processes. In the supply chain, problems are often overcomplicated. However, manufacturers, 3PLs and others in the supply chain often get lost in the details. That’s not true. Trouble finding skilled labor”.
In the complex world of supply chain management, the pursuit of efficiency and effectiveness is unending. Collaborative Planning, Forecasting, and Replenishment (CPFR) is a strategy that has revolutionized this space, offering a systematic approach to reducing supply chain inefficiencies. What is CPFR?
How to Elevate Your Logistics Operations with AI & ML Technology Global supply chain organizations are embracing digitization to propel their supply chain planning to new heights. What is Supply Chain Planning? Data informs transportation capacity and rates.
In late 2023, Descartes conducted a survey of 1,000 supply chain and logistics decision-makers across North America and Europe across three sectors: manufacturing, distribution and retail; carriers; and logistics services providers. The research report What Are Companies Doing to Survive the Supply Chain and Logistics Workforce Challenge?
Has your company ever suffered problems with, implemented, or even considered implementing a sales and operations (S&OP) planning process? Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. The Supply Chain Head. The Demand Planner.
When it comes to supply chain logistics, location is everything. Beyond its strategic advantages, it offers practical solutions to keep supply chains moving smoothly. Beyond its strategic advantages, it offers practical solutions to keep supply chains moving smoothly. Heres what sets it apartand how you can make the most of it.
In February, Klaus Niebur, the director of global supply chain risk management at Autoliv, and Jan Thiessen, the managing director at targetP!, spoke on best practices on supply chain risk management at ARC Advisory Group’s Digital Transformation in Industry conference. in turn, is a boutique procurement consultancy.
Michael Jacobs, Senior Vice President Supply Chain, Ferguson. Mr. Jacobs is the senior vice president for supply chain at Ferguson. While nominally a distributor, “supply chain management is our core competency. In particular, Ferguson’s supply chain is built for speed and to provide high service levels.
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