Articles
Supply Chain Management
Managing Transitions Effectively to Enhance Project Success
Q: Why is transition management so critical? A: The effectiveness of the transition depends on how well the change is managed. It is essential to have a documented project plan and a dedicated project manager with experience across multiple disciplines. Their job is to manage the process, hold the team accountable, and develop a formalized […]
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137 Tips for a Fully Charged Supply Chain
Inbound Transportation 1. Dive in with your suppliers. Ask what cost and efficiency benefits your vendors are providing by using their carriers or shipping schedules. The customer pays one way or another, so push for carriers that demonstrate service and reliability, not those who move operational or cost inefficiencies from a vendor’s dock to the […]
Read More4 Ways to Include Deskless Logistics Workers in Your Digital Strategy
Supply chains are undergoing unprecedented restructuring driven by competition, demand shifts, and trade wars—circumstances further accelerated by COVID-19. The resulting pressure on profits forces logistic functions and companies to evaluate ways to innovate, lower costs, and increase long-term resiliency. Logistics industry leaders are meeting this challenge by embracing digital transformation through innovative digitalization plans. But […]
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Scaling SCM Ecosystems—Boardroom Insights
Q: Can you reflect on your last customer transformation experience and the takeaways from that engagement? A: Modernizing ecosystems while keeping up the ongoing business operations is the reality of every business. The current ecosystem, future solution expectations, and resource models are the drivers that determine the program’s pace. Practical challenges in the transformation include: […]
Read MoreHow to Identify the Blind Spots in Your Supply Chain
As the global economy has become more interconnected, supply chains are increasingly complex and distributed. This allows companies to work with a broader range of suppliers and source materials on demand, which has made supply chains more efficient and reduced costs. However, modern supply chains also pose more daunting logistical challenges than they used to—with […]
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Surging Optimism Buoys SMBs
Despite the upheaval businesses experienced in 2020, optimism has now surged past pre-pandemic levels, and many leaders from small to mid-size businesses (SMBs) report being well-positioned for growth in the year ahead, says Umpqua Bank’s annual report. Key findings from the survey include: Positive Outlook Positivity has roughly doubled since 2020, with expectations for economic […]
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Going the Distance
As we move into 2021, social distancing is a top priority for C-level executives. While they manage their business with social distancing, the protocols aren’t ideal for productivity, finds a survey by consulting firm West Monroe. More than half say they primarily work remotely to avoid social distancing, and 40% say it’s the biggest hindrance […]
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Blockchain Brings Value to Touchless Supply Chains
With supply chains forced to operate on thinner margins, digital transformation is leapfrogging business priorities. The time to act is now. But onboarding proven technology to confront COVID-19-related challenges can feel as daunting as the pandemic itself.
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The New (Ab)Normal: Reshaping Business and Supply Chain Strategy Beyond COVID-19
What businesses have done during the chaos of the pandemic, and what they are likely to do in the coming months and years to ensure they survive the virus and thrive afterwards.
Read MoreEnergy Management: The Next Step in Supply Chain Optimization
When considering new ways to optimize their supply chain, many large enterprises—like UPS, Amazon, Walmart, and FedEx—first focus on technology enhancements. Hyperautomation, artificial intelligence (AI), edge computing, 5G, and virtual reality are the latest ways to fine-tune transportation, shipping, and logistics to meet customer demand and improve profitability.
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