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SupplyChain: Cash or Trash with Seth Page. Seth Page and Joe Lynch discuss supplychain: cash or trash. Seth is the COO of ThroughPut.ai , an artificial intelligence (AI) supplychain pioneer that enables companies to detect, prioritize and alleviate dynamic operational bottlenecks in real-time.
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. Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos. Companies leaning heavily on global sourcing?
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.”
You have tough decisions to make about your supplychain network design. About 38% of supplychain professionals say it takes weeks and 18% say it takes months to get the answers they need. What are the top 5 barriers to supplychain network design adoption? . Ho w do you overcome these issues? .
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.
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.
In this webinar, we provide insights on how to best utilize Integrated Scenario Planning as a decision-making tool by understanding Trigger Points, Response Plans, and related Roles & Responsibilities.
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.
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.
Speaker: Brian Dooley, Director SC Navigator, AIMMS, and Paul van Nierop, Supply Chain Planning Specialist, AIMMS
This on-demand webinar shares research findings from SupplyChain Insights, including the top 5 obstacles that bog you down when trying to improve your network design efforts: Poor data quality. Don’t have the right tools/tools are too complex or expensive. Lengthy time to plan/execute.
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.
We’ve put together a new reading (and watch) list for this summer to help you gather some refreshing ideas as you gear up to plan for 2018. The list includes the best of our blog and news items, our latest webinars and most recent case studies. It’s the perfect companion for an inspiring holiday break! .
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.
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. The answer lies in data.
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.
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. in turn, is a boutique procurement consultancy.
Gartner’s Hype Cycle for CSCOs is a valuable read for current and potential SupplyChain leaders. It brings together a long list of trends, enabling technologies, business frameworks and competencies that should be in your consideration set. Data availability and technology wasn’t what it is today. Cost-to Serve.
The latest Webinar from Logistics Business, brought to you by Kinaxis, is available to watch here free. Bringing together the seemingly disparate worlds of cycling and supplychain management, Spooner provides insight and practical know-how. Watch any of our Webinars here. Watch it now here.
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.
Logistics professionals require exemplary international online logistics tools to help them carry out their daily businesses with ease and deliver the best for their customers. For any developing business, adopting the widely used and affordable technologies is more economical. Top 8 Online Logistics Tools For Logistics Professionals.
Freight rating software is a necessity for shippers and 3PLs. There is more at stake in the choice of a freight rating system. When shopping for a Freight Rating SoftwareSystem with TMS, look for key points that will add value and provide additional benefits for shippers. Useful Features in a Freight Rating System.
Recovering your assets is a difficult task no matter what your occupation with reverse supplychains in the marketplace. With market needs constantly changing and younger companies entering the market, a company must have a plan for survival when recovering assets or keeping loss numbers low. Effective Reverse SupplyChains.
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.
Yesterday, we started our series on the effects of emerging technologies on 3rd party logistics providers by speaking about the future of logistics technology and if 3rd party logistics providers are prepared. In today’s post, we expand upon this idea to focus on how those technologies will impact the service offerings of 3PLs.
According to Gartner’s Forecast Snapshot , the Prescriptive Analytics software market will reach $1.1 Typically, organizations use Excel to start getting insights about what to do when, using data from transactional systems. All of a sudden, your planning board turns into a deeply tangled mess. billion in value by 2019.
We’ve put together a new reading (and watch) list for this summer to help you gather some refreshing ideas as you gear up to plan for 2018. The list includes our best supplychain analytics blogs and news items, our latest webinars and most recent case studies.
Here’s why technology should be part of your overall strategy. As we close out another wild year in the supplychain, many companies are looking forward to 2022 (and the potential relief it may bring for some of the supplychain hurdles we’ve faced the past couple of years), setting goals, and making plans.
Here’s why technology should be part of your overall strategy. As we close out another wild year in the supplychain, many companies are looking forward to 2022 (and the potential relief it may bring for some of the supplychain hurdles we’ve faced the past couple of years), setting goals, and making plans.
Planning such a large operation efficiently is no doubt a challenge, but HEINEKEN’s quest for efficiency started in the company’s early years. Today, the company is betting on prescriptive analytics to plan its operations more efficiently and prevent lost sales in a constantly changing market. HEINEKEN is a very de-centralized company.
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.
Many companies struggled to link longer term plans with unexpected short term supply and demand issues. With increasing disruptions and uncertainty, teams need a way to continuously monitor and balance demand and supply in order to fine-tune operations. Another reason for dissatisfaction might be the tools used.
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. Do you have the most efficient process that you can then scale with technology and automation?
In this blog he provides a simple reference guide to better yourself as a supplychain leader. and/or capabilities of the supplier and meet companies' short- and/or long-term supply needs. Supplier Development contributes towards 5 Key Work Streams in Supply Base: . What Value You Will Get?
This could be due to factors like limited warehouse space, outdated transportation systems , or the inability to scale operations effectively. This approach reduces capital expenditures and enhances cost predictability, enabling more effective budget planning and resource allocation.
Current industrial manufacturing trends show the new administration is pushing for reshoring among the nation’s biggest manufacturers, and new technologies are revolutionizing how companies respond to growing skepticism and scrutiny by the public and government oversight as well. Machines are talking to one another.
With the purpose of optimizing supplychain efficiency and asset recovery rates, applying a reverse logistics system has increasingly become a tool that positively impacts profitability as well as assisting an organization in meeting sustainability goals. 6 Benefits of an Effective Reverse Logistics System.
Implementing Sales and Operations Planning has many benefits. To truly leverage it to improve business performance and predictability, you need to embark on a change management process and you need the right technology to self-enable your team. What was the driver to look for S&OP technology and how did you do things before?
Technology and Manufacturing: It is a Part of the Cerasis DNA & How we Empower our Manufacturing Shippers. At Cerasis, our backbone is business process improvement through technology. Our technology department in Tulsa is comprised of several developers who solve our customers’ transportation management needs.
Concurrent planning and execution can be achieved with the right supplychainsoftware. We provide one solution, highly secure with a single code base.” “We’re number 1 in planning,” Rhoads states. Kinaxis’ softwareplatform can manage six modes of freight transport, including barge and parcels.
Lean systems have provided a formidable operating strategy for leaders determined to achieve and maintain optimal operational systems and customer satisfaction levels. Overhead costs are excessive (due to systemic disorder). Delinquent and/or low quality suppliers remain in the supplychain.
Editor’s Note: This is the first in a series of focus on planning and also getting ready for any peak season you may experience due to the holidays or otherwise. As such, preparing the distribution center to handle the strain of the holiday orders and permit the supplychain to be flexible and agile is central to holiday season success.
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.
You have tough decisions to make about your supplychain network design. About 38% of supplychain professionals say it takes weeks and 18% say it takes months to get the answers they need. What are the top 5 barriers to supplychain network design adoption? . – Tweet this. . – Tweet this.
If you’re serious about continuous improvement and developing a best-in-class supplychain to serve your organisation, keeping your managers and workforce educated is paramount. As any established supplychain professional will testify, this is a field in which the real learning begins after the formal education has ended.
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