While nearshoring can be a risk mitigation tool, it’s important for businesses to consider the differences between countries, including cultural, trade and even weather patterns, which can lead to road closures or weight reductions.
More than half of businesses have moved their enterprise software applications to the cloud, and 76% expect AI to play a key role in their supply chains by 2026 says a report from Loftware.
A new survey found that 87% of B2B leaders say a supply chain management system is the most important solution to offering a frictionless digital purchasing journey to customers.
Nearly 75% of companies plan to reduce their share of sourcing from China, with the U.S. and Mexico appearing to be the big winners according to an AlixPartners survey.
As we head into 2024, top 10 supply chain lists feature the usual suspects: technology, visibility, AI. But a focus on talent is needed to ensure the investments in these more high-profile areas provide value.
The Association for Supply Chain Management has introduced a new resiliency certificate that will train leaders on the concepts, practices and trends in building resilient supply chains.
The Cleveland Clinic is the top healthcare supply chain according to Gartner, which also recognized the Mayo Clinic and Intermountain Health as Masters for their continued excellence.
Thursday, December 21, 2023 · Jeffrey H. Schutt, PhD, director of ProvisionAI
Volatility is costly and disruptive to operations. Consumer packaged goods supply chains face volatile transportation flows due mostly to variations in consumer behavior, but technology can help smooth those flows.
Wednesday, December 20, 2023 · Heather Wheatley, Senior Director Analyst, Gartner Supply Chain
Risk councils bring together supply chain risk owners and other subject matter experts to analyze current risks, plan for emerging ones and evaluate control effectiveness.
Traditionally, vendors viewed vendor compliance as a burdensome cost. Truthfully, it is to a certain extent. But it also can be an investment that can be turned internally and used to benefit the vendor company widely.
Given where spot market prices are at and demand for services holding steady, slow attrition of capacity should help stave off further downward pressure on rates, says Michigan State’s Jason Miller.
Thursday, December 14, 2023 · Jason Miller and Andrew Balthrop
The combination of consumer spending continuing to remain resilient, retailers with inventory and delivery providers with capacity add up to a supply chain ready to deliver for Christmas.
Wednesday, December 13, 2023 · Jorge Oliver and Aaron Zheng
By applying a strategic procurement framework that considers both a freight lane's macro-market and micro-shipper characteristics, shippers can leverage a wider portfolio of relationships that improve their overall routing guide performance while reducing the required…
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