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Jim Bierfeldt and Joe Lynch discuss the logistics buyers survey created by Jim and his team at Logistics Marketing Advisors. 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.
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.
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.
Rik Schrader and Joe Lynch discuss logistics and distribution transportation, which is one of the specialties of Rik’s company, Körber Business Area SupplyChain. About the Körber Business Area SupplyChainSupplychains are growing more complex by the day. Conquer supplychain complexity – with Körber.
SupplyChain Basics with Jason Miller. Jason Miller and Joe Lynch discuss supplychain basics. Jason is a professor of supplychain at Michigan State University, which is ranked as one of the top supplychain schools in the world. Key Takeaways – SupplyChain Basics. Scorecards.
Insights from Gartner’s Hype Cycle for SupplyChainStrategy, 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.
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.
If your company’s supplychain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supplychain resiliency test. Supplychain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks.
A look at the supplychain trends and technology that will come into play in 2018. Here is a look at how some companies in the supplychain sector are preparing themselves for the months to come. Here is a look at how some companies in the supplychain sector are preparing themselves for the months to come.
Oracle’s recent global survey, No Planet B: How Can Businesses and Technology Help Save the World? Complexities integrating data from across global supplychains. Start with your supplychain. These responses illustrate that supplychain sustainability is top of mind for many companies.
Supplychain executives should take no comfort in being categorized as a support function. They need to ensure that their supplychain function ensures the sustained growth of their organizations. The research report, Drive Your Own Disruption: Is your supplychain in sleep mode?
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.
This post is from a press release sent to us regarding the recent survey of the 3PL industry. This survey continues to point towards the success 3PLs are having for their clients. For Cerasis, a 3PL is any company that provides technology or services to carry out any of the functions of the supplychain. percent and 11.50
Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supplychain leaders to reconsider supplychain inventory practices. planning offers an alternative to swinging the pendulum and as the strategy that provides the supplychain resilience leaders seek.
Michael Jacobs, Senior Vice President SupplyChain, Ferguson. Mr. Jacobs is the senior vice president for supplychain at Ferguson. While nominally a distributor, “supplychain management is our core competency. In particular, Ferguson’s supplychain is built for speed and to provide high service levels.
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.
The success of your business links inextricably to the performance of your supplychain. you have to make your supplychain successful too. SupplyChain and Business Success By the Numbers. Conversely, just 8% of businesses with less capable supplychains report above-average growth.
Supplychain sustainability is increasingly important for the future of business and the world as a whole. More recently, we have seen a push towards building a circular supplychain to eliminate waste and build a continual use of resources. The Sustainable SupplyChain. The Circular Economy.
Disruption has been the name of the game for more than a year as supplychain leaders have been dealing with changing buyer behaviors, inventory management challenges, labor shortages, weather and pandemic-related uncertainty, cyber security threats and capacity constraints that continue to create significant supplychain volatility.
A recent survey of 200 supplychain management professionals across companies with 500+ employees, conducted by Edelman Intelligence, has found market insights, confidence levels and trends for this peak season and beyond. SupplyChain Confidence Remains Strong Despite Slight Setbacks .
The success of your business is inextricably linked to the performance of your supplychain. you have to make your supplychain successful too. The success of your business is inextricably linked to the performance of your supplychain. SupplyChain and Business Success By the Numbers.
The supplychain, however, offers the most fruitful area for improvement. For companies to achieve reductions in carbon footprints, they should look to sustainable investments in their supplychains for the greatest impact. Benefits of Sustainable SupplyChains. The added benefit?
That’s the question that continues to bedevil the global supplychain industry. As I detailed in a recent column , the answer to constant supplychain volatility is pervasive real-time visibility into the precise location, temperature or status of a shipment — at any point along the journey. Where’s my shipment? .
As organizations continue to adapt to the roller-coaster ride of 2020, some leaders’ pre-pandemic IT strategies brought business resilience even as COVID-19 struck. Indeed, some organizations spent several years laying the foundations for data-driven strategy and remote operations even prior to COVID-19.
“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.”.
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.
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.
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.
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.
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.
Top supplychain officers across the industry were recently surveyed¹ on their biggest barriers to effective inventory management. It’s no wonder: often inventory placement decisions are made in a vacuum without considering the end-to-end supplychain impact.
Reverse logistics, while not being the opposite of forward logistics, is still about products moving backwards in the supplychain. However, remember that products or subassemblies that never made it out of the factory may need to travel backwards one or more stages along the supplychain.
Inevitably, when you buy supplychain optimization software, you need to start hunting around for data to make the technology work – it can feel like you work for the technology vendor, not the other way around. That’s why 60% of the time spent in analytical supplychain projects is spent collecting data.
Supplychain disruption is a fact of life for every company that moves any type of product. Don’t expect to plan for every disruption; instead, develop a strategy to overcome supplychain disruption, regardless of the source. A resilient supplychain may be stretched to the max, but it doesn’t break.
Are you fresh out of college or university and planning to enter the supplychain or logistics profession? Perhaps you are considering a mid-career move into the supplychain theatre. 81% of young professionals working in supplychain say that it was the right career choice. SupplyChain Planning.
Shipping and freight professionals want to change their supplychainstrategies post-Covid, according to a recent survey. Answered by over 300 Shipping and Freight Professionals across the world, the survey brought out some key indicators that will inform the future course of global supplychains.
Crafting an integrated supplychainstrategy that helps retailers deliver on their promise and keep prices competitive is at the heart of this challenge. Ninety-six percent of Americans have made at least one online purchase and 51% of those surveyed say they prefer to shop online. Fast delivery matters. on time in full).
How to Elevate Your Logistics Operations with AI & ML Technology Global supplychain organizations are embracing digitization to propel their supplychain planning to new heights. What is SupplyChain Planning? Data informs transportation capacity and rates.
Using technology to drive strategy and improve performance—and ultimately create financial value—is top of mind for shippers today managing complex global supplychains. A key component of this technology trend is the need for a supplychain visibility platform. Gartner research on real-time visibility.
Supplychains are messy. Blockchain in SupplyChain Can Help. WHITE PAPER] The Top SupplyChain Trends that Will Impact SupplyChain Management in 2018. The inefficiencies that plague supplychains have seemingly been around forever. Blockchain in supplychain changes that.
For all the hype currently surrounding supplychain gamification, it is not an entirely new business concept. Many organisations have been using simulations, like the Beer Game , for years to help companies educate their management teams in supplychain dynamics.
Others are the fruit of more fundamental changes that take longer to put in place: streamlining processes in the supplychain and improving systems for forecasting and planning, for instance. Dreams aside, there are a number of areas in a supplychain that can offer cost reductions rapidly. Goods inspection is an example.
Insights from Gartner’s Hype Cycle for SupplyChainStrategy, 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.
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