7 SECRETS TO CRACKINGTHE SUPPLY CHAIN CODE

June 25, 2018

Based on research from the IHL Group, companies are losing over 1 trillion dollars anually due to out of stocks and overstocks. This 1 trillion dollars flows throughout all commerce and no one is immune. Sears, Kmart, Gander Mountain, and more are joining the fallen ranks of companies unable to adapt to a new customer dynamic. That is, the ability to provide unique customer experiences, delivering the right products at the desired time without bankrupting the company. Consumers have access to endless information, make decisions in moments, and act in seconds. Companies today must change their approach if they want to keep up and avoid becoming another victim of The Amazon Effect. $800 billion of that $1 trillion of out of stocks and overstock losses are due to data, process or personnel issues.

Spotlight

Adcom Worldwide

Our goal is to be a leader in the transportation industry through a national network of agencies. Some say we're the best in the business. Our "Without Fail" motto gives you greater flexibility and more options for customization than you ever dreamed of. Combined with an entrepreneurial spirit that is unmatched, we can make any shipping headache disappear...

OTHER WHITEPAPERS
news image

Will Robotic Automation Lead to a Lights-Out-Warehouse

whitePaper | March 16, 2022

What is lights-out warehousing? The simple answer is a facility without people. One that relies entirely on automated equipment, to the point that no manual touches are necessary. With no employees required on the floor, operations do not need to turn the lights on, hence the term “lights-out warehousing.”

Read More
news image

Optimizing Supply Chain Cost - Export and Import Logistics

whitePaper | February 6, 2020

India currently has cross border trade of US$ 844 billion comprising of exports of US$ 330 billion and imports of US$ 514 billion. India has set an ambitious target of 5% share in global exports (US$ 1 Trillion by 2025). Government of India’s policy initiatives such as ‘Make in India’ and the nation-wide implementation of GST system hold promise for improving India’s global competitiveness. Logistics industry would be a crucial enabler for achieving the envisioned growth potential - with better stakeholder coordination, enhanced infrastructure, improved operational efficiency and enhanced investments

Read More
news image

Greenshoring: Location Decisions in Reverse

whitePaper | August 5, 2022

Reshoring to replace offshoring—an era of sustainability? Recent results from our five-month survey with internationally active Tier 1 automotive suppliers have shown that CEOs and Heads of Operations and Sustainability are starting to rethink their global footprint. Every supplier involved in our study has a global production network, has previously offshored manufacturing activities to low-wage countries, and is thus exposed to reshoring and sustainability decisions.

Read More
news image

Driving the Risk Out of Line Haul Fleet Management with AIoT technologies

whitePaper | October 15, 2022

Supply chain disruptions, unpredictable order volumes, the uptick in e-commerce orders and changing customer expectations are all creating new roadblocks and opportunities for global organizations. Limited freight capacity, persistent driver shortages and fluctuating fuel costs are only adding to the already lengthy list of challenges that fleet managers face on a daily basis.

Read More
news image

A Standardised Vessel Dataset

whitePaper | February 1, 2023

The Smart Maritime Network’s Standardised Vessel Dataset (SVD) for Noon Reports project aims to provide a free and open list of defined data formats for common vessel operational data points typically found in the daily Noon Report, with the goal of offering maritime stakeholders a central reference point for data mapping that can be applied by shipping companies, technology providers or any related third parties to improve the digital capabilities of the industry.

Read More
news image

Securing the Software Supply Chain: Recommended Practices Guide for Developers

whitePaper | August 22, 2022

Cyberattacks are conducted via cyberspace and target an enterprise’s use of cyberspace for the purpose of disrupting, disabling, destroying, or maliciously controlling a computing environment or infrastructure; or destroying the integrity of the data or stealing controlled information.1 Recent cyberattacks such as those executed against SolarWinds and its customers.

Read More

Spotlight

Adcom Worldwide

Our goal is to be a leader in the transportation industry through a national network of agencies. Some say we're the best in the business. Our "Without Fail" motto gives you greater flexibility and more options for customization than you ever dreamed of. Combined with an entrepreneurial spirit that is unmatched, we can make any shipping headache disappear...

Events