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Did you know that an entire book covering the best way to manage a startup business was written based on key learnings from the supply chain industry, or more specifically, manufacturing processes?
Director of Application Development and 10-year Veteran of UltraShipTMS Team Recognized by Supply & Demand Chain Executive Magazine . March 15, 2016 – Fair Lawn, NJ – Supply & Demand Chain Executive magazine, the executive’s user manual for successful supply and demand chain transformation, recently announced the 16th annual listing of ‘Pros to Know’ in the supply chain industry.
This week I attended the Logimed 2016 conference in New Orleans. The conference is dedicated to supply chain topics primarily focused on Advanced Planning and Scheduling Through Logistics. Like most thought leadership conferences, there were round-table discussions facilitated by a seasoned industry veteran. The first one I attended was a topic on supply base management.
According to Wikipedia , prescriptive analysis is – after descriptive and predictive analysis -the third and final stage of business analytics. Gartner plots prescriptive analysis as the final and most difficult stage of data analytics. This article will draw an analogy with the mapping and car industry to suggest that prescriptive analysis as an opportunity to support Integrated Business Planning (IBP) and business optimization, is not a final stage, but just at the beginning of a new planning
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
The supply chain is evolving more rapidly than ever before due to outside factors such as geopolitical influences, an increase in natural disasters and the proliferation of technology. In such times of change, it is critical to have a supply chain manager in the catbird’s seat to help it navigate resource allocation. In today’s world of finite resources, competent management of time, materials, facilities and human talent means allocating them to the uses that create the highest value.
There’s an interesting report from Boston Consulting Group (BCG), Three Paths to Advantage with Digital Supply Chain , that illustrates the urgent need for companies today to transition to a digital supply chain, if they haven’t done so already. BCG recognizes that the digital supply chain is not new, and it has been productive, but notes that it has failed to deliver on its full potential.
Suppose the following situation: You are working on a product with just one production stage, for example screwing a stand to a wooden panel. For this production step, you have a machine available around the clock.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Suppose the following situation: You are working on a product with just one production stage, for example screwing a stand to a wooden panel. For this production step, you have a machine available around the clock.
What if I told you were unwittingly undermining all the time, cost and effort your organization has invested in logistics IT solutions like TMS and optimization tools? What if there were a small, yet easily addressed oversight in your supply chain automation initiatives that was preventing your planning from achieving their full potential? Wouldn’t you want to know about it and take immediate steps to close the gap once it had been identified?
I love the series of DIRECTV ads featuring the Settlers, that determined, frontier era family who is living in the suburbs, but refuses to adopt more modern conveniences. They are content to do things the old fashioned way while surrounded by neighbors who have upgraded with the times. A faceless doll, cabbages and foot stomping all serve as satisfying entertainment for this backwards bunch.
To help your company to execute its strategy, executives need to aspire to implement advanced S&OP. The ultimate goal of S&OP is to plan ahead and provide visibility and support to execute the company strategy. In our busy day to day life we might forget, but communication is an important part of both S&OP and strategy execution. Therefore communication needs to be integrated in an S&OP process.
Right now we are seeing a tremendous increase in the amount of data available throughout the supply chain. The problem is, there is so much data that no one really knows what to do with it. Harnessing the power of data is vital for ensuring your supply chain is meeting customer expectations. To get started making sense of all this data, supply chain managers should adhere to the following steps: 1.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
As I mentioned in a recent post, Total Disruption on the Horizon , many companies are becoming increasingly disillusioned with traditional enterprise software, because it is inherently enterprise-centric, and can not adapt to meet the challenges of today’s supply chain and consumer behavior. This dissatisfaction has intensified in recent years.
In his excellent novel „Do androids dream of electric sheep“ (the movie “Blade Runner” is based on this story) the famous science fiction novelist Philip K. Dick deals with the blurred line between artificial intelligence and humans.
Are there any retailers left who aren’t feeling the urgency behind the need for more and better Logistics IT solutions to help them remain not only competitive, but viable? If so, we’re continuing to cover the seemingly daily news stories about the travails of large retailers and the shifting environment that is wreaking havoc on what were once seemingly unshakable market leaders.
Recently I attended a conference for Strategic Sourcing in the medical device manufacturing sector. About 60 Procurement Managers, Directors, and Executives attended from top medical device manufacturing companies. Each of their presentations was on-point and contained valuable insight by openly sharing best practices and candid conversations about their maturity journey.
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
An S&OP implementation requires many changes, not the least behavioural change. However, there are different behavioural change requirements during S&OP maturity stages. In four posts, four coaching phases will be explained to support leaders with behavioural change in different S&OP maturity phases. These are; Coach to change , coach to sustain, coach for excellence and coach for vision & culture.
Did you look at this picture and automatically think about “the good old days”? This may be because the first floppy disk was introduced to the market in 1971, which means it is celebrating its 45th birthday this year.
A recent article by Transport Topics’ Seth Clevenger inadvertently underscores the extent to which many transportation departments are way behind the times when it comes to the use of technologies for supply chain logistics management. The article, “ Execs Weigh Pros and Cons of Cloud Computing ” was a short piece long on misguided ideas about why, when and how to leverage logistics IT solutions.
The Hindenburg over Manhattan, New York, 1937 (courtesy Associated Press). An “airship” is a lighter-than-air aircraft capable of traveling under its own power. When thinking of airships, or “skyliners” as they were often called, it’s difficult not to be overwhelmed by visions of the Hindenburg going down in flames in Lakehurst, New Jersey in 1937.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
The growth of eCommerce, the evolution of consumer expectations, and the globalization of eCommerce have resulted in many changes in the requirements of retail supply chains. These changes in requirements demand that retail supply chains handle more volume, quicker, and around the world. Supply chains are at a crossroads to either constrain an organization’s success or to enable the organization’s profitable growth.
Boston Dynamic’s Atlas robot has made giant strides in recent years, going from cable powered and operated, to an unplugged, free-roaming robot. Its ability to handle unpredictable terrain, obstacles, and recover from falls, has improved dramatically. Take a look… Robots for Every Mission. The possibilities for robots like Atlas are endless.
As I mentioned in a recent post, Total Disruption on the Horizon , many companies are becoming increasingly disillusioned with traditional enterprise software, and this dissatisfaction has intensified in recent years. In a recent CIO magazine interview, Target CIO Mike McNamara stresses the same point: “We need to get the fundamentals in place and that’s because the stress and strain we put on our supply chain today is very different to what was the case four or five years ago.”
Ideally a network solution should both be industry agnostic, yet be tailored to the needs of a particular industry. To get the most from the “network effect,” you want as many participants as possible onboard, from as many industries as possible. For example, an electronics components supplier might be on a network supplying parts to an automotive manufacturer.
This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia
In part 1, Total Disruption on the Horizon , we covered the new demands and stresses pulling apart traditional technology. In part 2, Total Disruption: The Cloud is Not Enough , we looked at some of the solutions that have evolved to cope with these new demands. Now we look at some of the key principles that a solution should adhere to in order to provide maximum and long-lasting value.
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