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All Technology: Page 252
End-to-End View Drives Savings in Labor, Freight and Working Capital
Analyst Insight: End-to-end supply-chain visibility is one of the top five pain points facing executives in modern global supply chains. It allows supply-chain trading partners to visualize, share, collaborate and manage every aspect of supply chain processes, from raw materials to end customers. While businesses put resources towards improving supply-chain visibility, they find it is difficult to attain without connection to a value network that fosters sharing among stakeholders and good, quality information. Simply put, for a business to sustain growth in the current volatile business environment, executives need end-to-end supply-chain visibility to gain insights into activities they don’t control. - Cindi Hane, vice president of product management, Elemica
Assets in Motion: Internet of Things Delivers Real-Time Views
Analyst Insight: Visibility in the supply chain has long been a challenge that supply-chain managers have struggled with, especially when it relates to assets in motion. Fortunately, we now live in a world of constant connectivity, and with that the emergence of applications that enable true real-time visibility to assets or inventory in motion through the support of the Internet of Things (IoT). - John Santagate, research manager, IDC
How to Use Data to Compete in the Digital Marketplace
Analyst Insight: Defining success for retailers today is pretty straightforward: Respond more rapidly and efficiently to customers' demands, at a price they are willing to pay, regardless of order platform or physical location of the products at the time of purchase. - Karl Manrodt, logistics and supply chain management professor, Georgia College and State University, and Mary Holcomb, supply chain management professor, University of Tennessee
Report: Digital Mapping and Risk Assessment Prevent Supply Chain Disruptions
Analyst Insight: The 9th Annual BCI/Zurich Supply Chain Resilience Report categorically said last year that ineffective management of supply chains is leaving organizations open to severe disruptions and large financial negative impacts. The report also states that almost 75 percent of companies have experienced one disruptive event and that many more experienced multiple risk events in 2016. Why? The report concludes that organizations are still not ensuring adequate supply-chain visibility upstream and downstream. - Gregory Schlegel, executive-in-residence, Center for Supply Chain Research, Lehigh University
Driving Innovation, 3PLs Are Here for the Long Haul
Analyst Insight: Third-party logistics providers have traditionally been on the front line when it comes to developing pioneering technologies and services in the industry. Although some shippers are looking to manage their own transportation operations, partnering with a 3PL still offers many competitive advantages. - John Simonsen, vice president of corporate development, Yusen Logistics (Americas) Inc.
Supply Chain Visibility to Impact Customer Loyalty, Buying Decisions by 2020
Analyst Insight: The term supply-chain visibility means different things to different folks. Interestingly, it's something that everyone knows they need more of, but very few organizations have a handle on. This will change rapidly between now and 2020. Supply-chain visibility is having an increasing impact on customer relationships and buying decisions. - Bryan Nella, senior director of corporate communications, GT Nexus
Sigfox Spot'It Tags Provide Alternative to RFID Tracking
Global communications service provider Sigfox has released a tool for tracking the locations of goods at a low cost, that serves as an alternative to radio frequency identification or GPS.
Strategic Sourcing in a New Economy
Analyst Insight: Procurement departments have spent the last 20 years perfecting procurement by automating procurement systems and standardizing highly competitive Request for Proposal processes. This works well when buying commodities and transactions, but falls short for organizations looking for collaborative supplier relationships where flexibility and innovation are essential. Today's progressive procurement organizations are re-evaluating their approaches and are making a conscious shift along the sourcing continuum. - Kate Vitasek, faculty member, University of Tennessee's Haslam College of Business Administration
Digital Transformation: See Your Supply Chain Better
Analyst Insight: Full supply-chain visibility has been a top three goal of supply-chain managers for more than a decade. The ability to see your inventory, customers' orders, and financial transactions, as they move through every node in the supply chain is paramount. This enables opportunities to optimize inventory position, route shipments more efficiently, truly collaborate - not just cooperate - and communicate with customers to provide world-class service. - David Meyers, principal, Tompkins International
Adidas Banks on Sports as Lifestyle to Drive U.S. Sales
Adidas set a target last week for sales in North America to rise by almost half by 2020, predicting strong demand will continue for fashion sneakers after its retro Superstar was the top selling shoe in the U.S. market in 2016.
Four Trends to Accelerate Tax-Efficient Supply Chains
Analyst Insight: Supply-chain executives are under tremendous pressure to continually re-optimize their supply chains. While supply-chain economics must dictate where manufacturing and distribution assets should reside, tax changes and opportunities need to be looked at in parallel with the supply-chain economics to sustain the planned benefits. Looking forward to 2020 and beyond, we believe companies should pay particular attention to four trends that will accelerate the need for a tax-efficient supply chain. - Michael DuVall, principal, Bradley Slattery, principal and Jared Lapin, director, PwC
Report From Next Gen Customer Delivery 2017
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