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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In the wake of COVID-19, how can companies increase the resilience in their supply systems? What are forever changes that companies need to adapt to, to ensure long-term success? The World Economic Forum, in collaboration with Kearney, asked C-level executives from different industry sectors how they are responding to the COVID-19 crisis. The result of those interviews is a white paper entitled “ How to rebound stronger...
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Among other things, supply chain digital transformation is about eliminating waste from the value chain. This includes eliminating manual and paper-based business processes, which remains prevalent in many logistics and delivery operations. Processing paper documents is time consuming and labor intensive; it also contributes to the data quality problem that continues to plague many companies. Exchanging paper documents is also becoming a problem in the battle against COVID-19. Here’s...
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The logistics landscape is changing for the better, but it’s hard to keep up with the trends and embrace a whole range of advanced technologies. Logistics companies now need to be more flexible than ever because their clients demand flawless services and timely delivery. This is particularly important for decision-makers and SDC executives who have to bring data-driven decisions and create highly accurate long-term forecasts. Needless to say,...
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Supply chain data management requires attention to detail and a mechanism in place that provides analytics, or insights, to gain actionable knowledge. Risk exists around data when it is incorrectly or inaccurately collected and shared. To ensure your organization applies data correctly and generates meaningful KPIs, supply chain leaders must know the challenges of data tracking, how it improves operational excellence, and the primary types of data to track...
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