Sat.May 16, 2020 - Fri.May 22, 2020

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What is Supplier Relationship Management?

TradeGecko

What is Supplier Relationship Management? Supplier relationship management (SRM) is the process of identifying the suppliers that are critical to a business and implementing a system of managing relationships with those key suppliers. As supply chains become more complicated, the need to develop clear, measurable ways to evaluate how every supplier either contributes to or detracts from the success of a business is more important than ever before.

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Recession-Proof Businesses and Products: Staying Afloat During Economic Downturn

ShipBob

Recessions bring hard times. It’s painful to think back to the last recession and financial crisis, which wasn’t that long ago, with all of the damage it caused. Now, we’re on the verge of another recession. The COVID-19 pandemic has caused a worldwide economic downturn practically overnight, causing small businesses and established companies to be at risk of shutting down, even permanently.

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Re-skilling the Workforce – After COVID/Before COVID

SYSPRO Smarter ERP

We all know that the world is going through a major change that will lead to us running our lives differently than we did BC (Before COVID). What some businesses are beginning to realize though is that their workforce will need to learn new skills AC/DC (After COVID/During COVID). There’s an old joke: A CFO says […]. The post Re-skilling the Workforce – After COVID/Before COVID appeared first on SYSPRO US.

DC 59
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Machine Vision system (the eye of the machine)

Prophetic Technology

How does Machine Vision work? Software and hardware combined work to make MV systems possible. The purpose of all its capabilities is to grant machines the power of vision aiming to imitate human sight. But devices need to go through the process of acquiring, analysing and understanding images.

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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.

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Technologies for Cost Management in eCommerce Retailing

Vinculum

eCommerce has emerged to be the backbone of global retailing in the past decade and eCommerce sales have reached a booming $2.3 trillion, worldwide. From global giants to single-store owners, retailers prefer eCommerce as a leading sales channel to reach out to their customers and increase sales. At this perspective, cost management remains an important matter of concern to stay ahead in the competition and to remain successful in the eCommerce arena. eCommerce being a technology-backed way of s

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Keeping Supply Chain Running in the Rapidly Changing Conditions

Vinculum

Several brands are facing difficulty in putting forth their opinions about the current supply chain scenario. The reason particularly not being able to take part in the change. COVID-19 situation is now stabilizing very slowly; people have started businesses now. Are we ready to deal with the changes upcoming in the demand-supply chain? Let’s start by tracing back to January 2020 and understand something; despite trying to contain the spread of the virus, what went wrong?

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4 FAQs About Multienterprise Supply Chain Business Networks

MPO Multi Party Orchestration

Gartner recently released the 2020 Magic Quadrant for Multienterprise Supply Chain Business Networks (MESCBN). According to Gartner, “MESCBNs are an essential technology component to a successful digital transformation.” While this is undoubtedly true, businesses rarely say “I need a MESCBN solution.” Instead, they address pain points, such as a lack of visibility or inability to swiftly resolve exceptions.

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How Promotions Planning Software Enables Collaboration That Pays Off

ToolsGroup

Promotions planning is challenging, but promotions planning software can help alleviate some of the common pain points companies face when they try to improve their forecast accuracy and increase promotions generated revenue. After spending half my career in marketing and the other half in supply chain, there’s one thing I know for certain: marketing and supply chain don’t speak the same language.

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10 Most Effective Tips for Optimizing Your Supply Chain

GlobalTranz

Supply chains are complex ecosystems of people, tools, and strategies that are getting increasingly difficult to manage efficiently. With so many stakeholders involved in the process, only a comprehensive supply chain management plan can help you improve business results in the long run. It’s not a feat you can achieve with only one major tool.read More.

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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.

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Digital Transformation in the Supply Chain

Logistics Viewpoints

Digitalization is accelerating the pace of business and transforming global supply chains. In a freewheeling discussion at the ARC Industry Forum in Orlando, I spoke with Richard Howells, Vice President Marketing Digital Supply Chain at SAP about the trends, customer expectations, the challenges, and imperatives of digital transformation in the supply chain.

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Supply Chain Recognition in Times of Disruption

DELMIA Quintiq

Supply Chains and Integrated Logistics. The crisis generated by Covid-19 brought as one of its aspects, the notion of the extension of supply chains and integrated logistics, its impacts on the businesses of the companies, and the lives of people. In the current scenario, it became clear the perception of the links in the chain and the supply of products often have a long way to go before reaching the customer or consumer.

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The Consumer-Direct Strategy: Why You Need to Strengthen Your Direct-to-Consumer Channels

The Network Effect

The post The Consumer-Direct Strategy: Why You Need to Strengthen Your Direct-to-Consumer Channels appeared first on The Network Effect.

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Final Mile Differentiation: M&As to Increase Demand for Better Last Mile Service

GlobalTranz

Organizations across the globe continue to rethink their supply chain strategies, and as a result, more mergers and acquisitions are reshaping the way in which supply chains handle final mile logistics. For some, an acquisition offers the opportunity to enter the final mile space and deliver more e-commerce packages, but others may experience losses in.read More.

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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

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Upgrading to One Integrated Suite for all Logistics Operations with Naval Sabharwal

The Logistics of Logistics

Naval Sabharwal and Joe Lynch discuss why using one integrated suite for all logistics operations is the best approach for driving logistics and supply chain efficiency and effectiveness. Utilizing fragmented systems limits logistics companies from fully leveraging the data in their systems. Data equals dollars and the 3PLs that best harvest the data (dollars) in their systems will be the most profitable.

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How To Implement Predictive Analytics Into Your Company

Logility

Chances are, if you’re in marketing, sales, or one of the more technical aspects of business, you’ve used predictive analytics in some part of your job. Retail giant Amazon uses predictive analytics to study the behaviors of over 200 million customers who produce over 1 billion GB of website data per year, which results in tailored product suggestions that earn the company over $2 billion in sales a year.

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Impact of COVID-19: Insights from Indago Supply Chain Members

Talking Logistics

This time of the year, I’m usually on the road delivering keynote presentations at industry conferences. But with all in-person events cancelled due to the coronavirus pandemic, I am at home like everybody else. COVID-19, however, has not cancelled the need for supply chain and logistics professionals to stay informed of industry trends, and for. Read more Impact of COVID-19: Insights from Indago Supply Chain Members.

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BD’s Control Tower Implementation

Logistics Viewpoints

What BD's Control Tower can do seems almost magical. But the control tower's capabilities are a result of the technology and the implementation design. This article describes the design and implementation of BD's control tower. The post BD’s Control Tower Implementation appeared first on Logistics Viewpoints.

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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

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Transportation of Goods in a Changed World

Kuebix

The Covid-19 pandemic has altered every aspect of both small and large businesses for the foreseeable future. Supply chains throughout the country are adapting to changes in demand and new rules and regulations. Manufacturers, suppliers and truck drivers are adjusting to changes posed by Covid-19 every day. How Truck Drivers are Operating in an Economy […].

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Securing the First, Middle and Last Mile with Andrew Kelley

The Logistics of Logistics

Securing the First, Middle and Last Mile with Andrew Kelley. Andrew Kelley and Joe Lynch discuss securing the first, middle and last mile. As supply chains evolve, the need for secure asset transfer increases for both consumers and business to business applications. About Andrew Kelley. Andrew Kelley is the Chief Commercial Officer at BoxLock is an experienced technology executive and entrepreneur with over 20 years of experience in supply chain, logistics, SaaS, software, and technology-enabled

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Contact Tracing in Supply Chain Operations

Talking Logistics

Does your warehouse management system (WMS) have contact tracing capabilities? It’s a question that will likely appear in vendor inquiries moving forward, not just for WMS applications but also manufacturing, packaging, retail, construction, and other enterprise software systems. What is contact tracing? The Centers for Disease Control (CDC) provides several core principles, including: In contact.

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Uncertain Times Call for Strong Leaders: A Q&A with Dawn Tiura

ivalua

This article was originally posted on the SIG blog. If you’re interested in reading more on leadership in sourcing, the future of work or just want to learn more about SIG, feel free to subscribe at sig.org/subscribe. Business today isn’t business as usual, as the COVID-19 pandemic impacts organizations and supply chains across the globe. And in uncertain times such as these, leaders in every industry and business function must step up.

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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.

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COVID-19 & SCM – Importance of Operations Management to Overcome the Limitations of Data-Driven

Arkieva

An often-heard theme in supply chain management (SCM) and COVID-19 is “data-driven” – being data-driven is the path to success. For COVID-19 “science-driven” is often said in the same sentence. For SCM demand or customer-driven replaces “science”. This blog will point out a few examples in the COVID-19 challenge demonstrating COVID-19 is an OM challenge.

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Trimming Your Product Portfolio Tail: A ?Covid Beard? or Here to Stay?

CHAINalytics

One trend that is as prevalent these days as the beards men are sporting in tandem with their sweatpants: to deal with spiking demand, constrained production capacity, or both, many companies are cutting off the tail of their product portfolios. Companies have traditionally been willing to accept the fact that 80% of their product portfolio … The post Trimming Your Product Portfolio Tail: A “Covid Beard” or Here to Stay?

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[Video] Preparing Your Data for AI, Blockchain, and Other Emerging Technologies

Talking Logistics

John Richardson, Vice President of Supply Chain Analytics at Transportation Insight, discusses how companies can prepare their data for AI, blockchain, and other emerging supply chain and logistics technology applications. Podcast version (click to play): The post [Video] Preparing Your Data for AI, Blockchain, and Other Emerging Technologies appeared first on Talking Logistics with Adrian Gonzalez.

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Supply Chain Control Towers

Enterra Insights

Anyone who has traveled by air is familiar with control towers. Personnel manning airport control towers ensure aircraft on the ground and/or approaching from the air operate safely. To ensure safe operations, control tower personnel need to know the location and intention of each aircraft. When the move toward supply chain digitization began, the control tower analogy seemed like a natural step in the process.

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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.

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How To Do Proper Retail Demand & Sales Forecasting

Demand Solutions

Being able to accurately predict customer demand, and act on those predictions, is a key skill for any business. Yet, most businesses do not know how to do this correctly. Retail businesses can be very difficult, as well, as there’s so much data to collect. If you’re a wholesaler, then much of the data doesn’t belong to you. If you’re a retailer, then you’re likely selling thousands of SKUs, making it hard just to collect data on them let alone analyze it in order t

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COVID-19 Has Rewritten Best Practices for Supply Chain

Supply Chain Brain

Nearly every industry is reviewing strategies, operations and processes with a new perspective, and many businesses are realizing they need end-to-end inventory visibility.

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The Importance of Supply Chain When Reopening the Economy

3PL Insights

Businesses across the country are making plans to reopen and looking for solutions to make up for the time lost due to COVID-19. With unemployment hitting a high of 30 million people, the economy will need time to stabilize back to where it was before the outbreak. While the country recovers, supply chain will have an important role to play in stimulating the economy.