Every day there are individuals and teams all around the world who are making a difference. They are driving transformational change in their jobs, in their Departments, in the Organization and in their Companies. And they are achieving amazing results that defy what they previously thought possible.
We want to hear your stories and we invite you to share those stories on https://supplychaingamechanger.com so that we can all applaud, and learn from, your tremendous efforts.
In going door to door trying to sell a Freight Management service, as well as in my experience working in companies, I have had the opportunity to see a variety of ways in which companies, large and small, were managing their Freight and Logistics spend.
Most everyone felt they were doing a good job already. But I’ve seen instances where Freight is one of the top 5 largest expenses within a company. Yet it is managed by one or two people, with no support, and no visibility from upper management.
Depending on the industry your transportation spend can make up anywhere from 1-10% of your company’s total revenue. Aside from the cost impact the service implications of a poor Freight management system are enormous.
So do you have a strategy for managing Freight and Logistics or are you spinning your wheels?
The Internet of Things (IoT) enables the end to end connectivity of all aspects of our lives in an unprecedented manner.
In the arena of Manufacturing there has always been a reliance on processes, data, sensors, controls, analysis and metrics to allow for monitoring, management and optimization of those Manufacturing processes. And the ability to leverage historic approaches has varied from company to company and industry to industry.
But now with the advent of IoT, Big Data, Artificial Intelligence (AI) and Industry 4.0 the ability to optimize Manufacturing processes through this incredible digital connectivity is about to take a quantum leap forward.
Blog post provided by http://argentus.com. Argentus is a boutique recruitment firm focused on Supply Chain and Procurement.
Every year since 2003, at its Supply Chain Executive Conference in Phoenix, Arizona, technology research firm Gartner releases their list of the Top 25 Supply Chains in the World – a list highlighting the industry trends and major players that define what makes a best-in-class Supply Chain in today’s business environment.
Last year, we were happy to have a chance to speak with Gartner Global Executive Partner Michael Massetti about the rankings. Though Gartner released its 2017 Top 25 Supply Chains List in May, we were glad to have a chance to catch up with Michael and chat about this year’s rankings: what were some of the big surprises from this year’s list? Which trends are taking off among the industry leaders?
Read on to find out some of Michael’s insights about what makes for the best-of-the-best when it comes to Supply Chains in 2017.
I heard this refrain many, many times. The growth and success that a Retailer experiences as they expand in their original, domestic market inspires a level of confidence in the company’s ability to expand beyond it’s geographic borders.
But is it that easy? The road to international expansion in Retail has been successfully travelled but it is also lined with a lot of accidents and failures.
The capability we had in E-Commerce order fulfillment was rather basic. We had employees manually pushing carts up and down standard warehouse racking aisles picking goods off of shelves. And when they had completed an order or a set of orders they would then push the entire cart back to a centralized order packing station.
As a Supply Chain Services company we needed a dramatically better capability if we were wanted to have customers trust their growing E-Commerce business with us. Pushing carts around a warehouse is both inefficient and lacks innovation.
We had to go back to the drawing board. But in doing so we would end up with a World Class solution!
Infographic and permission to publish provided by Gary Faraci.
Industry 4.0 involves leveraging the latest technologies, digital capabilities, the unprecedented dissemination of IoT (the Internet of Things) and the incredible ability to tap into data anywhere and everywhere in the Supply Chain.
The level of digital connectivity across the entire End-to-End Supply Chain, from customers through to manufacturers, distributors, logistics companies, and suppliers of all kinds enables this forward leap to an Industry 4.0 world.