Just when things couldn’t possibly get any crazier, 2020 finally came to a close. Over the year, COVID-19 introduced even greater complexity into the already difficult work of supply chain planning–and changed supply chain from a practitioner-focused topic to everyday dinner table conversation. We’ve found our customers are urgently seeking ways to better plan around supply chain demand volatility and improve how they source materials and products...
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Many small and medium-sized businesses make use of supply chain management consulting services in some way. The value of supply chain consultant services is higher right now due to the increased demand for more. Because of the value consultants can bring to the table and their impact on supply chain system networks, consultancy services are likely to be among the most significant things to affect networks next year....
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The reworking of supply chains has a simple purpose of fitting the new world economy’s needs and demands. And freight data sharing platforms had already started before the mess of 2020 began. Additionally, the shift towards digital media and reinvented processes of global supply chains continues still today. Supply chain evolution is highly focused on market sub-segments, especially on those within the middle class. According to Supply Chain...
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Within the shipping and logistics industry, several processes are essential to proper operations. Autonomous logistics management is an integral part of the process and includes many use cases applied to practically any niche within the market today. With the healthy growth of e-commerce, industrial automation processes are essential. Here are five such use cases that managers need to be aware of heading into 2021 as they embrace...
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Just a few months ago, the interplay between work, workforce, and workplace was well-established: Workers generally came together as a workforce in the workplace to get their work done. Then they went home. Most systems—IT, management, HR—were set up to function in that paradigm. Remote work arrangements were often short-term or “exceptions” and often discouraged. And then the catalyst called Covid hit, and—often within...
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The disruptive impact of COVID-19 has put new emphasis on the importance of integrated sales and operational planning (S&OP) software for managing supply chains. This well-established technique helps supply chain management focus on crucial supply chain drivers. But traditional S&OP processes are slow and cumbersome. They aren’t suited to the speed and complexity of modern business. Instead, you need S&OP solutions that keep up with...
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Usage is up 27% due to COVID-19 driven need for a resilient supply chain. Asset tracking solutions that allow companies to track cargo from dispatch to final destination will see a 27% increase in usage over the next five years, according to a new study from Juniper Research. The number will hit 90 million in 2020 and increase to 114 million by 2025. The research...
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Consumers have steadily been shifting to a more customized shopping experience in recent years. This shift went into overdrive as effects of the COVID-19 pandemic spread around the globe, and traditional shopping methods were cut off. Society’s sudden move to a shelter-in-place and work-from-home environment dramatically affected buying behaviors, and, in the process, expectations increased on companies responding to demand. Organizations equipped with an agile,...
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Editor’s Note: Today’s article is from Alexa Lemzy from TextMagic who gives us 4 helpful tips for managing your ecommerce orders for multichannel marketplaces. Online sales are an increasingly important part of any business, with the global online marketplace estimated to include 2.14 billion customers by 2021. For many organizations, taking advantage of this growing market means selling on a multichannel marketplace. Selling your product across multiple channels makes managing your ecommerce...
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Gaining better last mile transparency is essential for shippers to succeed in the Post COVID-19 world. More transparency can help companies overcome shrinking profit margins by reducing waste and ensure positive customer experiences. As explained by Freight Waves, “Expectations have raised over the years, and the biggest bridge that has to be crossed now is the delivery experience – increasing the rate of on-time deliveries, clear visibility...
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