Implementing a mature ESG supply chain program has been proven to unlock a multitude of benefits, from reducing costs and improving brand image to increasing resilience and ensuring supply continuity.
A December 2023 study reveals that 40% of procurement leaders have yet to integrate sustainability into their decision-making processes, and 37% remain unaware of pertinent legislation.
By harnessing AI for activities such as load optimization, route planning, predictive analytics and dynamic scheduling, businesses can start to find ways to trim their carbon footprint.
Implementing advanced technologies such as an MES allows businesses to alleviate the immediate challenges associated with staffing shortages, and lay the groundwork for long-term workforce resilience.
Slotting has a significant impact on all the warehouse key performance indicators – productivity, shipping accuracy, inventory accuracy, warehouse order cycle time, and storage density. Yet, typical warehouses have less than a third of items located in optimal locations.
Financial losses from a cyberattack in the logistics industry include possible legal liabilities, disrupted operations, revenue loss and regulatory fines, but the costs don't stop there.
While some retail supply chain leaders may initially feel hesitant about investing in achieving RAIN-tagging compliance, doing so can deliver significant upside potential.
As shippers and dedicated truckload truck operators head into the contract bid season, here are five essential tactics manufacturers can use to reduce transportation spend.
The latest news, analysis and trends regarding technology solutions and their impact on supply chain management. New technologies in forecasting and demand planning, supply chain visibility, big data analytics, the internet of things (IoT), cloud and software as a service (SaaS), enterprise resource planning (ERP) and transportation management systems (TMS) and WMS are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are improving operations through their strategic use of supply chain technology solutions.
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