Articles
Supply Chain Management
Uniting a Fragmented Supply Chain Ecosystem to Harmonize Operations
Recent history has exposed the glaring weaknesses in our supply chains networks. One issue and it all comes crashing down like a house of cards. Resulting in expensive quick fixes to save the day. It’s time to build supply chains that are resilient, customer centric AND cost-effective. That’s what senior management is demanding. How do […]
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GOOD QUESTION: How will supply chain management transform in the next five years?
Here are the three major transformations supply chain managers can anticipate. 1. Adoption of advanced supply chain technology will be a major source of competitive advantage for companies. Platforms that improve human decision making and asset management will be areas of focus. Companies will unify their technology portfolios and update or replace legacy systems. 2. […]
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IN BRIEF: New Services and Solutions
Products The new EFFER iQ.950 HP heavy loader crane from Hiab, part of Cargotec, lets operators perform a wide range of vertical and horizontal lifting jobs safely and precisely at high speeds. The multipurpose crane’s dimensions and weight make it suitable for installation on several trucks. The nestable Retail E5.3 order picking pallet from Cabka […]
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Supply Chain Education Kindles New Skills
Eager to turn the page on disruption and upheaval, supply chain programs bookmark critical skill sets and help prepare future leaders and logisticians.
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Collaboration and Connectivity Have to Come Before Technology
Supply chain disruptions are at an all-time high, so it’s no surprise that technology designed to solve problems is plentiful. It should be. With pressure on everyone in the supply chain, we need tools like digital bookings, automated invoicing, and instant integration of data into transportation management systems. Let’s give thanks for technology, because nine times out of 10, it makes a difference.
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Near Sourcing: Definition, Benefits, and Drawbacks
Near sourcing is a business strategy that has become increasingly popular in recent years. It involves shifting production and services closer to the point of sale or consumption rather than relying on global supply chains. It can offer numerous advantages such as reduced shipping costs, faster delivery times, and improved environmental sustainability; however, there are […]
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3 Ways Digital Transformation Enhances Capacity
After consecutive pandemic years, supply chains are a mess. As a result, businesses are running out of stock just as surging consumer demand drives up prices for remaining goods, contributing to record inflation and further disrupting consumer markets.
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Gaining Better Visibility: Where to Start
While the business-to-consumer (B2C) market has embraced sophisticated technology tools to enable a digital transformation across the supply chain, the business-to-business (B2B) industry has been slower to adapt, steadfast in a reliance on spreadsheets, phone calls and email.
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Agile Supply Chain: What It Is, Benefits, and Applications
Supply chains can be complex and sensitive. A company can’t survive without a supply chain because it needs everything from raw materials to the final product. Many companies have established an agile supply chain to manage supply better, move goods quickly, and deliver them on time. This process is fundamental to those who produce physical […]
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AI and ML in Retail: Help or Hype?
Top-performing retailers are bullish on artificial intelligence (AI) and machine learning (ML), with 71% of respondents to a Retail Systems Research report saying AI-enabled analytics will fundamentally change their merchandising forecasting by 2025.
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