December 16, 2024
The most commonly asked question about a shipment in transit is, “Where is it?” Regardless of whether a consumer or a Fortune 500 company, the location of cargo in transit is important for a multitude of reasons.According to a recent Accenture study, supply chain disruptions can cost organizations an average of $184 million per year. At Global CFS in Chicago, regardless of which of the company’s services a logistics company is utilizing on behalf of their cargo owner customer, visibility and the capability of sharing and integrating that information into the client’s own automated systems is a key differentiator from their competitors.
December 16, 2024
During a recent series of conversations with FourKites’ leadership, an intriguing pattern emerged in how they view supply chain transformation for 2025. CEO Matt Elenjickal and EVP of Technology Sriram Nagaswamy spoke candidly about the gap between AI’s promise and its practical limitations in supply chain operations. Principal Solution Consultant Stephen Dyke added a particularly sharp observation: while everyone talks about disruption, the real story lies in how companies are quietly rebuilding their operational foundations. Here’s what my discussions with Matt, Sriram and Stephen revealed about supply chains in 2025.
October 02, 2024
Supply chain visibility is a key focus area for many organizations. Therefore, it’s no wonder that visibility, monitoring, analytics, and forecasting tools continue to be at the top of the list when it comes to supply chain technology investments.
Despite companies understanding the importance of visibility and investing in tools to improve it, the results have not been great. According to one study by PwC, 69% of operations and supply chain officers say that their supply chain technology investments have not delivered the expected results. Other studies have pointed to similar findings about the gap between expected and realized ROI for supply chain tech.
May 13, 2024
As the global economy continues to evolve, supply chains have grown more interconnected, complex, and prone to vulnerabilities. This evolution, paired with increasingly stringent regulations that require businesses to report on sustainability practices, has necessitated that procurement teams deliver enhanced transparency into increasingly dynamic supply chain operations.
May 9, 2024
As the global economy continues to evolve, supply chains have grown more interconnected, complex, and prone to vulnerabilities. This evolution, paired with increasingly stringent regulations that require businesses to report on sustainability practices, has necessitated that procurement teams deliver enhanced transparency into increasingly dynamic supply chain operations.
February 23, 2024
Savvy business leaders are already beginning to identify use cases for generative AI in their organizations. From customer service to marketing and HR, generative AI’s ability to analyze data and generate content in a variety of formats can add significant value to internal business processes. But what about the supply chain?
May 13, 2023
As corporations have been stepping up their security measures, hacker groups have shifted their focus toward software vendors and various system providers. The frequency of supply chain attacks has multiplied several times compared to what it was in 2020.
Apr 9, 2023
There are many areas of digital transformation within the supply chain. This report provides a cross-industry perspective on digital transformation in logistics including digital maturity in inventory management, transportation, fleet maintenance, safety and compliance, and more.
Jan 3, 2023
The increasing challenges facing the supply chain are in the news every day, and manufacturing leaders are often struggling to find solutions that can make a real impact. There is growing excitement around the deployment of advanced AI solutions and how these could play a critical role in solving the supply chain crisis. The reality is that analysis, a role that is often played by AI, only solves about a third of the problem. Execution is two-thirds of the problem in the supply chain today.
Dec 23, 2022
As organizations increasingly look to procurement for solutions, supplier relationships and supplier diversity have never been more important. Indeed SRM could be the future of procurement. In this special digital edition from Supply Chain Management Review, we’re bringing together the best of our recent stories on procurement, which we hope you’ll find useful as you take your procurement team into the future.
Oct 18, 2022
The supply chain extends across multiple functions in an organization. This implies multiple stakeholders with different perspectives, priorities and interests. As such, stakeholders or team members can hold diverse views on what the success of a supply chain transformation means. To get alignment, the team needs to sit down and define key metrics, the calculation of such metrics, data sources and expected levels for each metric. By doing so, you remove subjectivity.
Oct 14, 2022
Procurement and supply chain professionals have been dealing with unprecedented disruption and digital transformation for the last few years and while this has proved challenging, it has also been a time when these leaders have proved their worth.
Oct 14, 2022
Global supply chains continue to be disrupted by the COVID-19 pandemic, growing impacts of climate change, and recent sanctions against Russia. Ensuring that Canadian supply chains are resilient and fluid is a priority.
Sep 27, 2022
Consider the current challenges around supply chain resilience, continuity, and sustainability. By expanding the supplier network, procurement leaders give supply chain organizations the flexibility to switch to more optimal sources of materials, goods, and supplies without getting locked into long-term contracts.
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