The Hacket Group announced earlier this year that they would be restructuring their procurement process onto a digital platform. The company claimed that, after digitization, they could predict demand with greater acuity and saved on nearly half the cost of procurement.Continue Reading

In 2018, Samsung surpassed Apple to become the largest smartphone manufacturer in the world and has been slowly increasing the gap ever since. Samsung’s recent success could be due to its approach to supply chain management. One of its most notable strategies is its supplier selection: once the most attractive supplier is found, Samsung administration...Continue Reading

Price comparison sites have become all the rage in today’s industries. When searching for the cheapest alternative, companies either find websites that post price comparison tables or even employ their very own scraping algorithm to collect information off of numerous websites. Sales teams across the globe are finding it increasingly difficult to pitch to customers...Continue Reading

Logistics companies fear that carriers, specifically in the trucking sector, will suffer from labor shortages in the hundreds of thousands within the next decade. One solution to this problem is the development of autonomous vehicles. UPS recently announced to continue its partnership with Tusimple. The partnership has been utilizing level 3 autonomous vehicles for delivering...Continue Reading

Artificial intelligence and machine learning have been involved in several revolutionary technologies since their conception, and supply chain management is no exception. The speed of optimization heuristics implementing AI technology can provide a much needed edge over competition. These heuristics can ascertain real-time solutions with classic optimization problems, but the only drawback is the need...Continue Reading

DB Schenker plans to release their logistics interface in the U.S. This virtualized shipyard allows for instant booking, tracking, quoting. Connect 4.0 will support transportation by land, air, or sea. The software is over a year old, but it’s been exclusively available in Germany and Spain. With its expansion into the U.S. the application could...Continue Reading

Murrelelektronik opened its doors at its new Ontario location. The need for expansion is the driving motivator for why the company moved from Mississauga to a location west of Toronto near a junction between highways 407 and 401. The building has taken roughly three months to renovate, and more renovations will continue for the foreseeable...Continue Reading

The federal government recently announced to invest as much as $20 million in an attempt to modernize and expand both research and manufacturing facilities in Ontario. Woodbridge Foam Corporation, the recipient company, hopes to use the investment to secure new business and attract more business automotive business into Ontario. The investment is projected to create...Continue Reading

The pharmaceutical industries are globalizing, and with the endeavor comes the need for more productivity and better supply chains. One of the primary problems that pharmaceutical companies face is demand forecasting. Due to the nature of the supply-chain, manufacturers are required to predict prescriptions for personalized medicine, and that is. Demand-driven production and utilization of...Continue Reading

Mobile applications can now provide traceability through supply chain like never before. Supply chain professionals can have complete status updates without restriction to a desk or office. Several mobile apps are available on the market, and here are a few: EazyStock is an inventory control app that can handle demand forecasting. KPI and report development,...Continue Reading