Retailers face unprecedented challenges with supply chain volatility, inflation, oil price fluctuations, labor shortages and geopolitical activities, making it difficult to plan across the organization. With retail evolving, coupled with persistent supply chain issues, this adds complexity to anticipating and planning for shifts in consumer demand. The emergence of an
Tag: supply chain
Many executives may be feeling supply chain anxiety. The pace of disruptions – weather events, aggressive marketing techniques, transportation bottlenecks, and more – remains high, and there are already signs of consumer uncertainty in 2024. To manage the unknown and keep supply chains strong, some organizations are employing intelligent, real-time
In a global economy marked by fragile supply chains, scarce resources and rising energy costs, the spotlight is on forecasting to address these issues. In 2022, McKinsey & Company uncovered a staggering $600 billion annual food waste, equating to 33% – 40% of global food production, spotlighting the devastating consequences
As the holiday season approaches, businesses may be bracing for what’s been all too common in recent years – supply chain disruption. Retail and consumer goods industries have been hit with disruptions from every direction: profound shifts in consumer preferences, materials shortages, weather events, and geopolitical activities, to name just
In an increasingly interconnected world, geopolitical events in one region can cause a ripple effect across global supply chains. Due to technical complexity and the concentration of large manufacturers in the Asia Pacific region, the semiconductor supply chain is especially vulnerable to disruptions. In fact, more than 65% of the
The analytics are mind boggling. But the story isn’t analytics. The designs will wow you. But the story isn’t design. The story, as it has been in each of the past 10 years, is that these amazing analytical designs sprang from the minds of students – North Carolina State University
Consumer goods manufacturers have faced significant challenges over the past few years due to rapidly changing demand and supply disruptions in their end-to-end supply chain. As a result, manufacturers have realized the need to strengthen their resilience and have prioritized assessing their manufacturing capacity to maximize output and automation. To
For hospitals, managing inventory is an ongoing logistical challenge. The right equipment in the right spot is essential for safe and efficient hospital operations. That's why hospitals around the world turn to Blyott. Blyott is a plug-and-play machine learning and modular real-time-location-services (RTLS) provider. Their technology tracks the location of
Robert Handfield, PhD, is a distinguished professor of Supply Chain Management at North Carolina State University and Director of the Supply Chain Resource Cooperative. In an episode of the Health Pulse Podcast, Handfield gave his views regarding the challenges health care and life science companies have encountered over the past two years
SAS has been extending technological boundaries for many years. Whether in analytics, artificial intelligence (AI) or cloud, it excels in innovating what these technologies can do on a day-to-day basis. Recently, SAS released some of its most exciting announcements, sharing what is to come over the next couple of years.