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Jim Bierfeldt and Joe Lynch discuss the logistics buyers survey created by Jim and his team at Logistics Marketing Advisors. His expertise includes strategic planning, brand positioning, advertising, public relations, website strategy and design, and development of white papers, case studies and other content.
His expertise includes strategic planning, brand positioning, advertising, public relations, website strategy and design, and development of white papers, case studies and other content. They have been featured in leading industry publications such as Logistics Management, SupplyChain Management Review, and FreightWaves.
The COVID-19 pandemic has exposed many risks and uncertainties in supplychain networks. How are companies leveraging scenario modeling for network design and optimization ? Current Technologies in Use for SupplyChain Network Design . Read on for common use cases. .
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. and Dortha J.
Today’s most profitable companies have built their success on an effective and responsive supplychain network. Supplychain networks are becoming increasingly complex, serving multiple SKUs in hundreds if not thousands of locations. Create your own user feedback survey. Related resources .
The survey was conducted by ISACA and the Digital Manufacturing and Design Innovation Institute (DMDII) in August 2018, captured responses from 167 participants from across ISACA, DMDII and Manufacturing Extension Partnership stakeholders. Three-quarters of U.S. To shore up the resiliency of the U.S. Printer-friendly version.
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.
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.
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.
From shortages of personal protective equipment to a variety of grocery items to electronics and apparel, coronavirus ( COVID-19 ) has hit the global supplychain in expected and unforeseen ways, and it seems likely that it could take many months to recover. Bringing Analytics to SupplyChain Management.
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
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 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.”.
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.
The COVID-19 pandemic has exposed many risks and uncertainties in supplychain networks. How are companies leveraging scenario modeling for network design and optimization ? Current Technologies in Use for SupplyChain Network Design . Read on for common use cases. .
In today’s interconnected global economy, supplychain disruptions have become a prevalent challenge for businesses across various sectors. The Cost of SupplyChain Disruptions Recent studies, including one conducted by Accenture , have highlighted the staggering costs associated with supplychain disruptions.
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.
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.
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.
Today’s most profitable companies have built their success on an effective and responsive supplychain network. Supplychain networks are becoming increasingly complex, serving multiple SKUs in hundreds if not thousands of locations. Take this free supplychain network assessment.
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.
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.
How are supplychain professionals dealing with this? Our quiz is designed to help supplychain professionals find out how their demand forecasting process stacks up against others. Create your own user feedback survey. Demand forecasts are only becoming less accurate. Related resources .
A National Retail Federation report found that 92% of companies surveyed had been a victim of organized retail crime in the past year. These criminals find new ways to expand their networks and manipulate the retail supplychain every day. The number was down from 40% last year and 44% the year before.
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.
Crafting an integrated supplychain strategy 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).
Today’s most profitable companies have built their success on an effective and responsive supplychain network. Supplychain networks are becoming increasingly complex, serving multiple SKUs in hundreds if not thousands of locations. The post How advanced is your supplychain network design?
Editor’s Note: Our “ Research in Focus ” series highlights research conducted by select partners on timely and important trends impacting supplychain and logistics professionals today. The findings were derived from an online survey of 250 executives at leading U.S. Sourcing decisions can complicate or simplify this process.
Imagine you’re an executive of a large international business who has just discovered an excellent opportunity of entering a new exciting market just in time when your product design team has developed a perfect product for that market. Do you think that your supplychain management is good enough for this market?
According to a survey by ARC Advisory Group, only 10% of industrial companies are ready to apply artificial intelligence/machine learning. ARC has been actively studying industrial AI for over two years. The chemical industry has a complex supplychain. Their guiding principle was human-centric digital design.
AIMMS has been active in the supplychain space for over 28 years. There is also a supplychain talent shortage. A s the most experienced supplychain professionals retire , CSCMP estimates that as many as 3.5 million positions may go unfilled by 2020. Millennials don’t do standard 9-5.
This Earth Week , we wanted to spotlight the companies who are leading the way in supplychain sustainability efforts. net sales were represented by suppliers who reported to one or more sustainability surveys. Currently, 65% of packaging is designed to be recyclable or reusable – up from 62% in 2019.
Despite all challenges, the supplychain industry is on the cusp of new dawn due to artificial intelligence (AI). Currently, only about 12% of all supplychain professionals are using artificial intelligence for operational purposes. Logistics and supplychains fall in this category. Wrapping up.
With many organizations undergoing rapid change to adapt to supplychain challenges and opportunities, the modern CF O is expected to be a strategic partner to the C-suite table while developing and executing the company’s strategic agenda and helping effect change throughout the organization. The modern CFO. The SYSPRO CFO 4.0
Cost savings used to be at the top of supplychain managers’ agendas. However, in an increasingly volatile world, the design of robust value chains is increasingly becoming the focus of decision-makers. Supplychains are interrupted overnight, freight capacities and equipment are missing without warning.
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.
Wishing your supplychain were strengthened rather than strangled under these conditions? There’s an older term now being applied to supplychains for this capacity: antifragility. While the concept isn’t new, its application to supplychain is emerging, albeit without clear definition yet. A survey by boom!
ARC has recently completed a study on the transportation management system integration market. We have previously done a study of transportation management system (TMS) market and transportation execution and visibility system markets , and interviewed TMS vendors. Finally, we have surveyed and interviewed TMS customers.
Glenn Taylor | Sourcing Journal November 02, 2023 In an improving sign for the retail supplychain, the majority of shippers surveyed by third-party logistics (3PL) provider BlueGrace Logistics—64.4 based small and medium-sized businesses (SMBs) will reshuffle their supplychains to use suppliers in the U.S.
It is a well-known fact that supplychain is increasingly becoming digital. But is simply adding a digital component to the complex supplychain network enough to make it efficient? For this, IBM and NRF surveyed 1,900 retail and consumer products company executives across 23 countries. What more is required?
In 2017, a study assessed extreme climate impacts on infrastructure in Europe. Project cargo weight on these possible compromised roads and railways should be a concern even with DOT route surveys. In the future, DOT may require additional route surveys and bridge studies for weight distribution.
As corporations become increasingly focused on ESG initiatives, their supplychain and logistics partners respond with tools and services designed to help them grow sustainability and other goals. Here’s how many companies are turning to their supplychains to meet their ESG goals. Inbound Logistics.
In today’s interconnected global economy, supplychains play a vital role in the success of businesses. SupplyChains Under Disruption: A Financial Toll Recent years have witnessed several disruptions that have shaken global supplychains, causing major financial setbacks for companies.
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