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As a supplychain executive, picture beginning your day with a cup of coffee when a news alert notifies you of newly imposed tariffs affecting your primary suppliers in China. manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. What Is Agile Procurement?
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.
Controlling SupplyChain Cost for Sustainable Growth Search Search BlueGrace Logistics - March 26, 2024 In modern business, controlling supplychain costs is paramount for sustaining profitability and competitiveness. This helps in reducing supplychain costs associated with stockouts and overstocking.
Supplychain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. True, they may know how to roll out big data in a single warehouse, or they may have heard their competitors used branded systems for implementing this new technology.
Procurement and supplychain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends?
As your business grows, you supplychainsoftware will need to expand. You may opt to organize your business into an independent third-party logistics provider (3PL), or you may want to purchase software for tracking, monitoring, and processing all of your needs. 5 Pitfalls of SupplyChainSoftware Selection. #1:
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.
Swart was recognized with the Rising Star Award , which honors young (39 and under) professionals whose achievements, hard work, and vision have shaped the supplychain network. This achievement reflects the dedication, innovation, and teamwork that drive the refrigerated supplychain forward.
In today's highly competitive marketplace, it’s imperative for businesses to innovate new ways to streamline their supplychain and optimize productivity. Additionally, through a more stable and efficient supplychain, you can greatly enhance customer satisfaction and retention. Computerized Shipping and Tracking.
From limited visibility and a lack of real-time data to a lack of agility and responsiveness to changing market conditions, there's no shortage of difficulties that today's supplychain professionals can encounter. What can be done to not only address these challenges, but overcome them? Register now!
Supplychain resiliency and sustainability are top priorities for CEOs today. To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supplychains to collaborative supply networks and actively design their supplychains.
Integrated Business Planning (IBP), as defined by its creators at Oliver Wight , is “the business planning process that extends the principles of S&OP throughout the end-to-end supplychain, product, service and customer portfolios, customer demand and strategic planning, to deliver one seamless management process.”
However, mobile technology is not new to the transportation world. For mobile technology and transport, the theoretical tipping point is in our rearview mirror. Price points for hardware and communications have fallen, and the reliability and capabilities of mobile technologies for transportation have vastly improved.
From RFID and Drones to Autonomous Vessels, new technologies are already transforming and enhancing supplychain. But how will these technologies revolutionize supplychain management in the coming years? Twitter Facebook Google+ LinkedIn The post How is Technology Enhancing SupplyChain Management?
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 supplychain resilience and adaptability.
Industrial IoT and big data are converging to enable demand-driven 'smart supplychains.' The advancements in 3D printing and 'Additive Manufacturing,' coupled with supplychain efficiencies, could make distributed manufacturing a reality, ushering in the era of smart manufacturing.
However, technology has risen to dramatically alter the execution of supplychain functions. Technology poses the greatest opportunity for small- and medium-sized businesses to take advantage of innovative tools to ensure end-to-end tracking, visibility , and processing of products. Consumers Demand More Now.
Blockchain technology is a major disruptor in the supplychain. It stands to change the game as we know it by giving companies a better way to ensure traceability throughout vast supplychain networks. In order to properly disrupt the supplychain of today, you need to know everything there is to know about it.
Selecting the right logistics software is crucial for optimising supplychain operations, but the process goes beyond just issuing an RFI or RFP. Watch our logistics softwarewebinar , entitled ‘Logistics Software: Beyond the RFI & the RFP. Avoid common pitfalls in software selection.
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 supplychains. However, if you look into how many have actually invested in automation, you’ll find that their actions often do not match the rhetoric. Why automation in order processing is at the heart of the supplychain.
Webinars Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - June 12, 2024 LinkedIn Live Webinar On-Demand: Protein Shipping Unveiled: Keys to Efficiency and Reliability WHAT IS THE TOPIC?
With the success of AI/ML in areas like image recognition, medicine, and the web, why are we only seeing incremental gains in the supplychain? What’s throttling AI’s ability to drive optimal supplychain performance? The 5 areas in the supplychain where you can and should use network AI/ML.
New technology can seem appealing until the process of incorporating it into existing methods becomes overwhelming and stressful. For the supplychain of a business, there is no room for error even when performing the initial steps, and other fears can further scare away potential users. Affordability.
Editor's Note: This is a blog from out friends at C3 Solutions where they recap the top 4 must-read blogs in the technology and modern supplychain sector. 1 - Technology Reshaping the Modern SupplyChain - WHITE PAPER. 2 - SupplyChain Fast Moving Technology: The Cost of Inaction.
Speaker: Robert Olszak- Vice President, Global Supply Chain Optimization, RGP
As a supplychain director, you want to ensure that your supplychain 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 supplychain management.
Imagine a world where automation comes together with technology to deliver products without human intervention. This example generates a huge amount of data that can leverage in the supplychain. Anything that can be handled via today’s computer systems can be automated. An order is placed by a consumer.
Webinars Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - May 2, 2024 LinkedIn Live Webinar On-Demand: How to Expand Your Business with Cross-Border Shipping to Mexico What’s the Topic? How to pick the correct partner for a nearshoring strategy.
Jabil sponsored a global Dimensional Research survey to capture hard data on current experiences, challenges and trends with the supplychains of electronics manufacturing companies. The results show some of the biggest supplychain management trends in supplychains for 2015.
Cerasis put on a 75-minute webinar entitled, The "Big Benefits of Effective Reverse Logistics" Webinar on September 30th, 2015 at 2:00 PM CST. We had a great turnout with over 170 logistics managers, supplychain officers, and those in the transportation world registering and attending the webinar.
Speaker: Michelle Meyer, Founder and CEO of MatterProviders
Michelle Meyer is the Founder and CEO of MatterProviders, and a supplychain professional of over 30 years. Fortunately, she's here to walk you through the future of supplychainstrategy and why your current approach is probably not working. Reshoring - it’s happening, and it’s only going to accelerate.
Modern supplychains have access to more information and technology than ever before, creating a new, digital supplychain. In addition, these technologies can introduce a new level of visibility and improve overall operations, asserts The Manufacturer magazine. Deploying Smart SupplyChainTechnologies.
Procurement and SupplyChain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supplychain focuses on service and procurement focuses on the cost of acquiring materials and services.
The Internet of Things (IoT) seems to be popping up in more conversations throughout the entire supplychain , and more businesses have turned towards IoT experts for guidance on how to take advantage of its benefits. The IoT SupplyChain and Shipping Processes. Automated Data Transfers.
One of the most surprising parts of the episode showed a warehouse worker using a voice-automated picking system (see video below), and the worker would then scan the product with a scanner on the tip of his finger. Well, this example shows how wearable technology in the supplychain was being used 3 and a half years ago in 2012.
In this webinar, supplychain industry experts share insights and best practices for enhancing supplychain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supplychain maturity and save on costs.
Supplychain industry leaders have access to more information today than ever before in history. Thanks to data gathering programs, supplychainsoftware , and data entry applications, this represents a mountain of data, which has the potential to provide ground-breaking insight into how to improve business-model efficiency.
We found it as a great summation of all the things companies must consider when mastering their supplychain. Many studies state that those who can manage the functions with the supplychain, they have a competitive advantage. Look at these 7 supplychain trends as a guide to better your supplychain today.
In order to avoid incidents of mismatch between supply and demand, establish more efficient manufacturing and lower costs, it is necessary to establish an environment of consistent supplychain visibility. One of the often missing links, however, in supplychain visibility, is transportation management.
In February, Klaus Niebur, the director of global supplychain risk management at Autoliv, and Jan Thiessen, the managing director at targetP!, spoke on best practices on supplychain risk management at ARC Advisory Group’s Digital Transformation in Industry conference. The implementation was not trivial.
Speaker: Cathy Morrow Roberson, Research Manager for the Reverse Logistics Association
In today's competitive business landscape, providing a seamless return experience and maintaining an efficient supplychain are critical to customer satisfaction and loyalty. Businesses need to leverage advanced tracking systems and data analytics to identify bottlenecks and improve supplychain visibility.
The roles of logistics and procurement in an efficient supplychain cannot be overstated. Due to this problem, the only logical solution is to increase collaboration between the supplychain managers and procurement teams. . The age of technology has the potential to dramatically reduce inefficiencies in the supplychain.
The type and capabilities of supplychaintechnology is expanding, and technology will only grow more important in effective supplychain management in 2018. WHITE PAPER] The Top SupplyChain Trends that Will Impact SupplyChain Management in 2018. Download white paper.
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. The second is that automation applied to an inefficient operation will magnify the inefficiency.
In this webinar, procurement technology experts from Spend Matters and the SAP Ariba team share how advancements in AI are being used right now and attendees will walk away with a summary of real-life source-to-pay use cases that are or can be enhanced by AI.
We’ve all heard the buzzwords to describe new supplychain trends: resiliency, sustainability, AI, machine learning. Over the past few years, manufacturing has had to adapt to and overcome a wide variety of supplychain trends and disruptions to stay as stable as possible. But what do these really mean today?
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