Sat.Feb 05, 2022 - Fri.Feb 11, 2022

article thumbnail

Demand Shaping Strategies for a More Profitable Supply Chain

ToolsGroup

As the supply chain crisis enters yet another year, demand volatility continues to reach unprecedented heights. While many businesses are feverishly working to ensure their supply chains are agile and resilient with investments in digital supply chain planning technology , some supply chain managers may be thinking, ‘isn’t demand dictated by the market?

article thumbnail

The Leader’s 7-Step Guide to a Successful Transformation Journey

DELMIA Quintiq

Digital Transformation , Industrial Transformation , Smart Manufacturing or Industry 4.0 —no matter what you choose to call it, it is undeniable that the modern approach to manufacturing and business is changing. New digital technologies are creating opportunities to drive improved performance, lower manufacturing costs and increase revenue. Companies are pressured to adopt these new innovative operating models to stay competitive, or they risk losing out to faster competitors.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Are Enterprises Investing in Sustainable Supply Chains? 

Logility

Today’s marketplace demands businesses invest in supply chain sustainability — your customers and investors are watching. Key Takeaways. Customers want to buy from brands that embrace sustainability and transparency Companies with sustainable supply chains are more attractive to investors Investment in supply chain sustainability creates business benefits, including higher ROI, supply chain continuity, and brand safety A digital supply chain platform helps build sustainability across the enterpr

article thumbnail

Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Uncanny. The US GDP in 2021 grew at an unexpected rate of 5.7% in the second year of the pandemic. To understand the phenomenon , the 2019 GDP was 2.16%. Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports.

article thumbnail

Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

article thumbnail

Why Expand the Definition of Supply Chain Visibility?

Talking Logistics

During the pandemic, shortages of components for high-tech devices and automotive products have proliferated. Why? One reason is that it’s not easy for most manufacturers to have visibility into the process before finished goods are shipped. For years, supply chain technology companies have touted real-time shipment visibility, or even promised complete supply chain visibility, while.

More Trending

article thumbnail

REPOST: The True Cost of OTIF Failure with Andrew Lynch

The Logistics of Logistics

The True Cost of OTIF Failure with Andrew Lynch. Andrew Lynch and Joe Lynch discuss the true cost of OTIF failure. OTIF means on time and in full , where the customer receives the completed order when they wanted it and, in the quantity, ordered. OTIF is a key supply chain metric. It is generally calculated as a percentage of total deliveries that were complete and on time.

article thumbnail

The Top 15 Retail Trends for 2022

ToolsGroup

The wonderful world of retail. As 2021’s holiday shopping statistics proved, pandemic or not, consumers are willing to spend. (My credit card statement will also attest to this fact). And while the year ahead may hold some challenges – try not to flinch too hard at the word “inflation” – it’s also full of opportunities. The Retail Trends Shaping How We Shop in 2022.

article thumbnail

Mastering Profitable Omni-Channel Logistics, Despite Disruptions

Logistics Viewpoints

If 2020 and if 2021 proved anything, it’s that the omni-channel selling environment is here to stay. As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. Consumers have gotten used to the convenience and ease of online shopping, home delivery, curbside pickup, buy online/pick up in-store and other alternatives to the traditional in-store shopping experience.

article thumbnail

The Labor Shortage Problem: Why It’s Bigger Than You Think and How to Address It

Talking Logistics

In a survey of our Indago supply chain research community conducted in October 2021, we asked, “Which parts of the physical supply chain are the most broken or need the most fixing?” Not surprising, ocean ports ranked first, but labor was a close second. Simply put, the demand for labor across all parts of the. Read more The Labor Shortage Problem: Why It’s Bigger Than You Think and How to Address It.

How To 168
article thumbnail

Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

article thumbnail

Inventory Management vs. Warehouse Management

The Logistics of Logistics

Inventory Management vs. Warehouse Management. Original article: Inventory Management vs. Warehouse Management. With the strong interest in Warehouse Management Systems (WMS) in an era of ever growing complexities in order fulfillment, companies – especially for executives outside the supply chain – often ask what the differences are between a WMS and IMS – an Inventory Management System.

article thumbnail

Personal Predictions for Supply Chain Management in 2022

SCM Research

The year 2022 has been going on for quite a while. I see the following topics at the top of the agenda in both academia and business: First, the last few months have been characterized by a large number of supply chain hiccups. Missing chips in the automotive industry have become a symbol of this development. Therefore, supply chain resilience is more important than ever.

article thumbnail

FMCG Sourcing: 4 Frequent Flaws to Avoid

Enchange Supply Chain Consultancy

The Enchange Supply Chain House is available for those wishing to embark on a structured, medium-term journey towards Supply Chain excellence. What about those companies who need change now with no time to waste? What can they do to effect meaningful change sooner rather than later?

Sourcing 130
article thumbnail

2022 Technology Trends

Talking Logistics

To be successful in 2022, supply chains must continue to negotiate a very volatile and uncertain environment. Leveraging technology and network data will be more important than ever to keep supply chains on track. How can technology help address challenges like tight capacity in freight transportation? How is automation helping companies improve their transportation operations?

article thumbnail

The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

article thumbnail

Trends 2022: Retail

Enterra Insights

These were supposed to be dire days for retail. The so-called retail apocalypse witnessed a record number of store closings over the past few years and the pandemic exacerbated the situation. With stores shuttered (either temporarily or permanently), even tech-challenged consumers were forced to shop online. Not surprisingly, both retailers and consumers adapted to these new realities.

Trends 130
article thumbnail

The Basics of Supply Chain Management Applications - Plex DemandCaster

Supply Chain Brief Submitted Articles

Web-based supply chain management applications makes demand planning more accurate. With better forecasting, companies hit their deliveries with confidence.

article thumbnail

Get to Know Your Transport Organisation, Your Network, and Your Partners

CHAINalytics

Don’t treat transport like a commodity. Transport keeps supply chains moving and customers happy. However, in too many cases, transport is managed as a commodity. As if there was high availability of it, with many alternatives, and competition based primarily on price with little added value. In fact, many transport organisations are managed around that … The post Get to Know Your Transport Organisation, Your Network, and Your Partners appeared first on Chainalytics.

article thumbnail

Above the Fold: Supply Chain Logistics News (February 11, 2022)

Talking Logistics

Another week, another list of funding rounds and acquisitions in the supply chain and logistics realm. Descartes, Flexport, Körber, Bringg, and Maersk (among others) are on the list this week. Also, it’s another week of unhappy truckers protesting in Canada (and, maybe, soon in the U.S. too). Yesterday’s “unsung heroes of the pandemic” are now. Read more Above the Fold: Supply Chain Logistics News (February 11, 2022).

article thumbnail

Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

article thumbnail

Digital Supply Chains Require People, Processes, and Technology

Enterra Insights

It took years of wandering for the supply chain to end up in the morass in which it currently finds itself. Although portions of the supply chain are functioning well, many consultants believe a true transformation is needed in order to make the global supply chain more resilient. Such a transformation will take time, effort, and, of course, money. Too often, discussions about supply chain transformation focus on emerging technologies forgetting that true transformation involves people and proce

article thumbnail

Effect of Working With CNC Machines on your Supply Chain

SCMDOJO

CNC machining is also known as just machining and is used extensively in manufacturing and industrial applications. CNC machines use computerized controls and machine tools to cut layers of material to make custom parts. Whether you outsource or buy one, working with one of these machines will greatly speed up your supply chain. How CNC Machines Are Changing Manufacturing as We Know It.

article thumbnail

12 Focus Areas for Supply Chain & Route to Market Transformation in Africa

Enchange Supply Chain Consultancy

How do we deliver sustained excellence in supply chain and route to market in the challenging markets in Africa?

Africa 130
article thumbnail

Watch: You've Got Supply Chain Visibility. So What?

Supply Chain Brain

It's not enough just to know where your freight in transit is. You've got to be aware of multiple aspects of the shipment, says Sam Phillips, senior solutions manager with Here Technologies.

article thumbnail

2024 Annual T&L M&A Report

Tenney Group, an industry specialized M&A Advisory firm in the T&L space, produced the 2024 Annual M&A Report. The report contains an in depth overview of 2023 notable deals and the market, while also providing the outlook for 2024 M&A.

article thumbnail

Supply Chain Automation: The Key to Optimizing your Supply Chain

Supply Chain Brief Submitted Articles

As supply chains continue to become more complex, supply chain automation is now crucial.

article thumbnail

The pros and cons of low code tools for manufacturers

SYSPRO Smarter ERP

Every manufacturing organization is striving for continuous improvement, and for that to occur the workforce needs to come with solutions to existing problems. These solutions usually require the usage of software-based technologies that necessitate the participation of IT specialists and developers, resulting in bottlenecks in the deployment of new solutions.

article thumbnail

Impact of hydrogen on logistics Part 1: Road Transportation

All Things Supply Chain

The future belongs to hydrogen, to green hydrogen – that’s what we frequently hear and read these days.

article thumbnail

Supplier onboarding best practices to stick to

Taulia

Suppliers and vendors play a crucial role in an organization’s daily operations, whether that’s by providing the raw materials needed to produce goods or supplying essential services the company needs to operate. Their importance to regular operations means that building strong relationships with suppliers should be treated as a priority. Minimizing supplier risks and ensuring long and healthy relationships doesn’t just involve selecting the suppliers best suited to the company’s needs, th

article thumbnail

The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

article thumbnail

How brands can make the most of retail media

crisp

Crisp’s head of product shares how in-store sales and inventory data unlocks opportunities to grow marketing ROI and drive measurable on-shelf results. The retail media moment. The pandemic rapidly accelerated the rise in ecommerce, leading retailers and CPGs to increase their digital ad budgets — which now make up 36% of all US digital ad spend.

Retail 98
article thumbnail

ERP For Medical Device Manufacturers: Part 1

SYSPRO Smarter ERP

The medical device industry is experiencing a digital revolution that will require a re-think of how it designs and manages products and interacts with customers. Major advances in wireless technology, miniaturization, automation and computing power are encouraging the development of new connected medical devices that can generate, collect and transmit data.

article thumbnail

Americans Face Record Metals Prices as Shipping Costs Surge

Supply Chain Brain

Surging prices of the raw materials needed for your refrigerators, automobiles, window frames and plumbing show no signs of abating as America’s supply chain crisis spills into another year.