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Mike Baudendistel and Joe Lynch discuss the CPG supplychain. Mike is the Head of Intermodal Solutions at SONAR, the leading freight market analytics tool and dashboard, aggregating billions of data points from hundreds of sources to provide the fastest data in the transportation and logistics sector.
The industrial sectorparticularly supplychain management, is facing unprecedented complexity. Lets delve into the core concepts of AI Agents and multi-agent workflows, their relevance to what ARC Advisory Group calls Industrial AI , and their potential to revolutionize supplychain management.
Imagine a world where supplychains run with complete transparency, efficiency, and automationwhere every transaction, shipment, and payment are executed seamlessly without intermediaries slowing things down. For decades, supplychain management has encountered bureaucratic bottlenecks, inefficiencies, and trust issues.
Supplychain automation refers to the tools and technologies we can use to make manual tasks automated, reducing the need for human workers. It’s sometimes misunderstood, but it’s actually integrated into almost all supplychains nowadays in av ariety of different ways. What is SupplyChain Automation?
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.
Harvard Business Review recently published an article, “ To Build Resilience, CEOs Need to Become Supply-Chain Experts ”. In this article, we wanted to discuss one aspect of supplychain that is often not given enough attention – building strategic relationships and shared value with direct spend suppliers.
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.
Shippers, brokers, carriers, TMSs, and industry partners rely on Farelanes for real-time market price indices for over 37,000 primary lanes and market data trends and insights, based on more than 20 billion in paid freight invoice market transactions. Founded in 2023, Farelanes is headquartered in Fort Worth, Texas.
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.
Our team put several resources together to help supplychain organizations navigate through this crisis safely. . The next 2-4 weeks are critical to understand the exposure throughout your value chain, take actions to address anticipated shortages , and ensure resource requirements to restart. Evaluate different scenarios .
A look at the supplychaintrends and technology that will come into play in 2018. While predicting the future is never an easy task, in order to be competitive all businesses need to be able to accurately anticipate what trends will affect them in the coming year. Standardizing IoT. Investing in Innovation.
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!
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.
As we head into a new year it is a good time to take a look at the coming year and see what it may hold in the way of trends. We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, SupplyChain, Logistics, and Transportation Management.
From demand shifts and evolving customer preferences, to new product introductions and sales strategies, volatility creates a continuously moving target for supplychain managers. But most enterprise planning systems weren’t designed to rapidly adapt to these changes—they were designed for problems that have already been solved!
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.
Supplychain disruptions have brought about an age of innovation. In my presentation, I highlighted five key transportation trends that are changing supplychains from a technology standpoint. The first of the transportation trends is the network effect is at the heart of supplychain transformation.
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.
We spoke with CTSI-Global to learn more about their approach to transportation management and the solutions they provide for businesses navigating the complexities of supplychain operations. Heres what they shared about their services and capabilities.
Intro to 2020 SupplyChain Management Trends. Throughout the last decade, the main trends were digitization and globalization. Supplychains have lengthened and extended across borders, bringing a whole new host of opportunities and challenges. 2020 supplychain management trends will further these shifts.
Benchmarking helps ensure they are getting the most out of their supplychain and also provides a platform for further optimization. This allows shippers to gain insight into how their supplychain compares to others in terms of cost-efficiency, speed, and reliability. Currently residing in Mesa, Arizona.
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. An automotive company I collaborated with conducted detailed modeling of potential tariff impacts on semiconductor supplychains.
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.
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.
All supplychain vendors seek to position themselves as leaders in supplychain AI. Microsoft is leveraging its Azure Maia AI Accelerator optimized for AI and generative AI, as well as its Azure Cobalt CPU , an Arm-based processor designed to run general-purpose compute workloads on the Microsoft Cloud.
It’s that time when idle chatter at the office Christmas lunch turns to debating what next year will bring, especially among logistics and supplychain professionals, for whom it seems every New Year brings new challenges, trends, and disruptive innovations. The 7 Trends for SupplyChain Pros to Watch in 2018.
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.
As a global conference, exhibition and networking experience, we attract some of the biggest oil and gas companies and top-performing engineering, procurement and construction firms, all groups who are eager to capitalize on the benefits of Breakbulk Americas and connect with new supplychain partners. 27 – Thursday, Sept.
When it comes to supplychaindesign, we’re at another inflection point in the industry. The first one arrived a few years ago when a growing number of companies started treating supplychaindesign as a continuous business process instead of a standalone project or a once-a-year exercise.
Supplychain resilience is a hot topic the last few years since post-Covid issues and newsworthy incidents like the Houthi attacks in the red sea have raised awareness. The bridge collapse is a stark reminder of the vulnerability of the nation’s aging infrastructure and the importance of supplychain resilience.
Shortages of products from toilet paper to microchips during the coronavirus pandemic highlighted the value of supplychain resiliency, and the opportunities for companies that aren’t as prepared as they would like. By contrast, supplychains that are too lean may not have enough flexibility and redundancy to survive unscathed.
Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supplychain leaders to reconsider supplychain inventory practices. Calls are increasing for a return to just-in-case (JIC) policies, with some citing this trend as a risk. Why tell this story?
Ali is a theory of constraints (TOC) practitioner who founded a company to help supplychains to improve throughput. Since then, he has been eliminating one global bottleneck after another, with his current focus on optimizing supplychains that extend to Mars. The New Retail Paradigm with Ali Raza. About Ali Raza.
In today’s fast-paced e-commerce landscape, last-mile delivery has emerged as a critical component of the supplychain. In this article, we will explore these last-mile delivery optimization strategies and the role of route optimization software as we look ahead to industry trends shaping the future of delivery in 2025.
But Snowflake is designed with large enterprises in mind. Mid-market manufacturers need a tool that’s tailored to their needs. The BI tool needs to be able to easily pull all this data together for analysis. For the mid-market, Snowflake is like buying a Ferrari to drop the kids off at school.
I’ve noticed a trend in recent years in that when businesses want to check their distribution networks or design a distribution network , they immediately jump into loads and loads of detail. Four Ways to Streamline Your Network Design. Four Ways to Streamline Your Network Design. Specialist Tools.
However, many are finding that it is not the optimal technology for SupplyChain Planning and Optimization. Why ERP is Not the Best Technology for SupplyChain Planning and Optimization. Why ERP is Not the Best Technology for SupplyChain Planning and Optimization. But spreadsheets come with new challenges.
A large multinational is undergoing an impressive supplychain transformation that will run through 2023. A Complex SupplyChain. Not surprisingly a company this big, delivering different solutions to a variety of industries, has a complex supplychain. Products can also be designed with resiliency in mind.
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 .
One of the trends I’ve been writing and talking about is how the clockspeeds of every industry are accelerating and how companies are having a hard time realigning their processes, organizational structures, and technology platforms to keep up with this rapid pace of change. Excel spreadsheets. What does that mean exactly? “As
Ask manufacturing leaders what changes they plan to make in the next three years in the wake of the coronavirus pandemic, and they will likely say their use of technology will deepen as more and more players in their supplychains come to rely on digital connections for daily interactions. Talent gaps: ? Changing consumer attitudes:?
It gives us immense pleasure to announce that Locus has been listed as a Representative Vendor in the 2022 Gartner® Market Guide for SupplyChain Network DesignTools. Market trends also continue to evolve faster than ever. This makes robustness and flexibility for supplychains non-negotiable in today’s times.
An ML model is the output generated when you train your ML algorithm with data Benefits of AI and ML in manufacturing ERP Maintenance, process control, productivity, and supplychain optimization are some of the common areas where AI and ML can make an impact on manufacturing ERP. Select the right tool.
The Logistics Trend Behind The Latest Trend. About the Author: Founder of ShipStarter, Kenneth is a 25+ year professional of the supplychain industry. Are You Up With The Trends? That shirt you need to buy for the summer may not have been designed yet. Contributed Article. Drinking matcha tea yet?
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