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He is responsible for driving strategy, customer engagement, and industry analysis. He leads a team of market experts who study every facet of the logistics industry to bring the best available insight to customers. He was named a Pro to Know in 2021 by Supply and Demand Chain Executive.
Supplychain disruptions have become a persistent operational risk. Traditional supplychainplanning, which relies on historical data and reactive adjustments, is no longer adequate for managing these challenges. Amazon is a leader in AI-driven supplychain management.
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.
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, SupplyChain Management Review, and FreightWaves.
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 the corridors of Unilever, a team of dedicated supplychain planners from demand to supply to transportation embarks on a daily journey. End-to-End SupplyChainPlanningPlatform The end-to-end process begins with data.
Keeping perishable goods freshfrom farm to fork or lab to patienthinges on a well-oiled temperature-controlled logistics system, making it a lifeline for industries like food, beverages, and pharmaceuticals. Technology & Monitoring: Real-time tracking using IoT sensors ensures temperature consistency throughout transit. The result?
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!
I’ve completed research on supplychainplanning (SCP) boutiques. My colleague Clint Reiser has completed a study on warehouse management system (WMS) boutiques. We are teaming up to bring you the coolest supplychain boutiques, listed alphabetically, that we identified through those studies.
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. Invest in IoT.
Matrices are powerful mathematical tools that play a crucial role in supplychain management. In this blog, we’ll explore how they are used in various aspects of the supplychain, including transportation, inventory management, demand forecasting, and network optimization.
History of SupplyChain Management. Over the last 100 plus years of the history of supplychain 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.
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.
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.
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.
Barriers to implementing a sustainable strategy include the difficulty in proving the business case. The research looked at supplychain sustainability drivers and unsurprisingly found that cost saving is the number one goal amongst managers when creating a sustainable supplychain with 41% citing it. In the U.S.,
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 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.
While demand is high, ongoing product shortages continue to cause supplychain disruptions, create unpredictable shopping behaviors and drive rapid delivery expectations. If there’s a bright spot anywhere it’s the fact that, as logistics challenges have grown, so has the availability of advanced technologies to manage these challenges.
How One Importer Took Control of Their SupplyChain with Unified Freight Logistics Solutions At DGL, we believe logistics should be a competitive advantage, not a daily challenge. Managing separate freight forwarders for air and ocean shipments created disjointed communication, frequent delays, and limited supplychain visibility.
In late 2023, Descartes conducted a survey of 1,000 supplychain and logistics decision-makers across North America and Europe across three sectors: manufacturing, distribution and retail; carriers; and logistics services providers. The study also provided insight into what companies are doing to address it.
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.
It can be a direct reflection of current market trends, as many publicly traded companies operate within the global supplychain. In an era where resilience and adaptability are key to survival, technology has become the bedrock upon which supplychain professionals build their strategies.
These shifts are influenced by multiple factors, including new regulatory requirements, changing customer expectations, and advancements in technology. Efficient Route Planning and Cost Management With rising fuel prices and increased delivery expectations, optimizing routes will be crucial for reducing costs and meeting customer needs.
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. We need people that are adaptable.
As an industry, linking supplychainplanning and execution has been discussed for decades. It is well understood disconnected planning and execution processes can lead to costly disruptions, missed opportunities, and inefficiencies.
Having an effective supplychain practice has always been a difficult balancing act, even in relatively stable times. The pandemic has exposed flaws in business practices across industries, which have been acutely felt in their supplychain and procurement operations. Gap between supplychain and procurement.
A recent report by the ACE European Group identifies supplychains as of the biggest sources of concern for European businesses today. On the other hand, there is a rising need for smarter and more flexible tools as well as more staff with analytical capabilities. The challenges: demand, staffing and technology.
Supplychain and finance departments need to work more closely and adopt costing practices that are progressive and focused on informing internal decisions. Supplychain professionals aren’t getting the cost information that they need according to a recent survey from APICS and the Institute of Management Accountants.
HVAC contractors and plumbers continue to face supplychain woes like material shortages and rising costs. Instead, plan and stock up on the materials you most often use for your projects. Onshoring strategy can ensure resilience in your supplychain and give your company a competitive edge.
If you were to tell me that your company had never looked at its supplychain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supplychain cost reduction, I wouldn’t be surprised at all.
In the enterprise software application market, the biggest players have embraced a partnership model, while smaller, more focused companies often have not. Take the transportation management system (TMS) market, for example. In the enterprise application market, the margin on software is about 60%, while service margins are about 20%.
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.
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. Plan and Execute for Success.
“The costs of a new product’s supplychain can easily outstrip its profit generation, and consistently poor new product initiative management leads to SKU complexity, which can cripple the company’s supplychain.”. It also outlines nine best practices to ensure that new product initiatives increase value.
A Statista study found that in 2020, the furniture and appliance e-commerce global market volume was $383.2B. Consumers want delivery time-slot windows when completing their checkout to plan their deliveries in advance vs. readjusting their schedule around a delivery window that may fluctuate. Partial delivery.
The last mile of delivery is often the most unpredictable and expensive part of the supplychain. Factors such as traffic congestion, incorrect addresses, weather conditions and customer availability can disrupt even the best-planned routes.
Our look at the Top 25 (plus 4) SupplyChains of 2018 examines how the best companies in the world excel at managing their global supplychains. One of the most popular articles we’ve ever done is our look at analyst group Gartner’s annual ranking of the Top 25 SupplyChains. Printer-friendly version.
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. These are the companies and leaders that aren’t letting a good downturn go to waste.
In today’s post, we will cover the four emerging technologies which 3PLs must consider as a part of their service offerings. In the least, 3PLs must understand these emerging technologies so that one day they may integrate into logistics service providers ‘ company practices to better serve customers. 3D Printing.
In today’s interconnected global economy, supplychain disruptions have become a prevalent challenge for businesses across various sectors. Understanding the financial impact of these disruptions and exploring effective mitigation strategies is crucial for maintaining a resilient and profitable operation.
AIMMS has been active in the supplychain space for over 28 years. A s the most experienced supplychain professionals retire , CSCMP estimates that as many as 3.5 The competition for talent is tough, as “ demand for supplychain professionals is estimated to exceed supply by a ratio of six to one.
Freight rating software is a necessity for shippers and 3PLs. There is more at stake in the choice of a freight rating system. When shopping for a Freight Rating SoftwareSystem with TMS, look for key points that will add value and provide additional benefits for shippers. Useful Features in a Freight Rating System.
According to industry research, businesses that optimize their shipping strategy can reduce costs by up to 30%. Whether you’re a small business looking to streamline your supplychain or a growing company seeking better freight management, finding ways to optimize your shipping expenses is key. The good news?
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