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Mark Baxa , John Delgado and Joe Lynch discuss supplychain shock waves: strategies for survival and success. Mark is the President and CEO of the Council of SupplyChain Management Professionals (CSCMP), a global organization dedicated to advancing the supplychain profession.
Why Resilience Is No Longer Enough Supplychains 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 supplychain?
In today’s interconnected global economy, sustainability within supplychains and logistics has become a necessity rather than an option. For senior leaders, understanding and integrating the three pillars of sustainability—environmental, social, and economic—into supplychainstrategies is essential.
The logistics and supplychain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Incorporating Sustainability in SupplyChains Sustainability in supplychains extends beyond energy use, addressing broader environmental and social impacts.
Speaker: Trish Uhl, Founder of Owl's Ledge LLC and the Talent & Learning Analytics Leadership Forum
Digital is disrupting every part of an organization's value chain at a record pace, creating a critical need to transform operations and employees' ways of working. Time is of the essence and digital dexterity is required.
Safety improvements are achieved by monitoring driver behaviors like speed and braking, providing data that enables targeted training to reduce incidents and improve regulatory compliance. Autonomous systems are designed to reduce the risks of human error, improving both safety and reliability in fleet operations.
Global supplychains 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 supplychain models, distributing production and sourcing across multiple regions.
How to Reduce Carbon Emissions in Your SupplyChain 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 supplychain enables better decision making and continuous improvement.
Overcoming SupplyChain Disruptions with Shanna Greathouse and Tony Nichols. Tony Nichols , Shanna Greathouse , and Joe Lynch discuss overcoming supplychain disruptions. Tony and Shanna work at CarrierDirect , a company that specializes in helping companies minimize supplychain risk. About Tony Nichols.
Recent supplychain 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.
He has advised carriers and 3PLs to create and implement long-term strategies enabled through organizational change and operational efficiency. Lean ensures that your satellite office is staffed with highly educated, English-speaking professionals trained in your company’s processes and systems. About Metafora. About Metafora.
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.
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.
However, the lag in the Sales and Operations Planning (S&OP) cycle exacerbates issues like inaccurate forecasting, reduced agility, higher error rates, increased costs, limited scenario planning, and sustainability challenges, ultimately undermining supplychain performance and eroding executive confidence in the supplychain as a value driver.
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.
Cyberattacks seem to be growing in prevalence and severity, particularly those around the major supplychains in the US, including both the fuel supplychain and the food supplychain. SupplyChain Cybersecurity Risks Continue to Exist Around the Globe.
All supplychain vendors seek to position themselves as leaders in supplychain 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.
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.
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.
Waste has been the default setting of supplychains for decades. A circular economy , where materials are reused, repurposed, or recycled to create a more sustainable supplychain that minimizes waste and maximizes value. Raw materials are extracted, transformed into products, used, and eventually discarded.
Below are some transportation strategies for success for suppliers of TMS, TES, and MTS. The last mile is the most difficult and most expensive part of the supplychain journey. Coronavirus has changed the outlook for direct-to-consumer commerce, and a TMS is now a critical component of this strategy. Look to the Cloud.
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? .
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.
Digital twins are emerging as digital transformation accelerators for supplychain and logistics organizations seeking enterprise-level visibility, real-time scenario modeling, and operational agility under disruption. This article explores how digital twins are being deployed in transportation, warehousing, and network design.
As the ML process trains on data, it is then possible to produce more precise models based on that data. AI and ML in production control ML models trained on operational data from an ERP can help achieve significant benefits in key operational metrics like throughput, and OEE.
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. population in one day or less.
However, one thing that should come to mind is the prowess of the retail giant’s supplychain excellence. million employees without a focus on good supplychain management. ” The Key’s To Walmart’s SupplyChain Management Excellence over the Year. ” Walmart states early on.
While the infantry soldier who fired the round is an important part of this picture, she is in many respects just the final actor in a well-designed system which has resulted in that bullet being there at that time and place. A system designed and run by Army’s logisticians.’.
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.
How do you define the digital supplychain? Most supplychains have been involved in digital processes for years. Even computerized picking systems rely on the digital supplychain, but the digital supplychain relies on the actions of supplychain managers for continued growth.
We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, SupplyChain, Logistics, and Transportation Management. 2016 SupplyChain Trends: The First 7 of 12. What 2016 SupplyChain Trends to you expect to see?
So, you are thinking about a career in supplychain? While this article is intended as an evergreen resource, to help you navigate in your search for a supplychain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality.
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.
I’ve said it before (right here in Logistics Viewpoints), but it’s worth repeating: the digital transformation of our complex global supplychains is an ongoing journey. Once you know where that truck (or train, plane or container) is, that’s when things get really interesting. Why is this shift such a big deal? Lesson learned.
That’s why staying on top of the latest supplychain 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 supplychain planning.
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.
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.
Transloading is often a required step of the shipping process but can also be leveraged strategically to reduce storage costs, speed up delivery times, and improve supplychain efficiency. The container is loaded on a train and moved to its destination region. What is Transloading in Logistics? Considerations.
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supplychain insights and advice. companies, and it defines rules designed to help businesses achieve key cybersecurity goals. Employee training is a crucial component of any cybersecurity strategy.
Service-as-Software is ushering in the era of the digital workforce in the supplychain industry in particular, its already begun. My company FourKites recently announced the availability of Tracy and Sam, two new digital workers purpose-built to autonomously manage complex supplychain workflows.
Omnichannel has been a buzzword in supply-chain circles for several years, but retailers that have invested in implementing omnichannel strategies have shown less than superior results, says Steve Dennis via Forbes. These problems show weaknesses and overlooked concerns when implementing omnichannel supplychainstrategies.
Staying relevant in the competitive supplychain and logistics game boils down to one thing: relentless innovation. Which ones will supplychain leaders invest in this year? Here are the supplychain priorities on my 2021 agenda. Six SupplyChain Priorities for 2021.
In the supplychain sector, just like any industry, we have a multitude of terms that are commonly used.So, I decided to create this list to help you decipher any supply-chain-related terms that you come across for the first time. The standard includes specific requirements for vehicles and the training of drivers.
It does present a training requirement, the need for new skills for industry 4.0 It was during this party that American inventor George Devol, the designer of the first mechanical arm, met with Joseph Engelberger, the father of robotics. Ongoing training initiatives. Rollout ongoing training opportunities.
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