May, 2013

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Taking the Hill

Supply Chain Shaman

'For most companies, growth has slowed. Profits are sluggish. Complexity reigns and cycles are longer. The challenges and opportunities of business are greater. We believe that supply chain excellence helps a company to better balance demand and supply. We also believe that it helps companies to be more resilient: weathering demand and supply volatility while maximizing opportunities and mitigating risks.

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History of Logistics and Supply Chain Management - SupplyChainOpz

Supply Chain Opz

'NAVIGATE. Home. Basics. Case Studies. Graphics. All Posts. About. Copyright. Privacy. Blogroll. History of Logistics and Supply Chain Management. Logistics and Supply Chain Management is a relatively new discipline. Its the crossroads of diverse subjects, covering various branches of business, management and engineering. Understanding of our own roots helps create the appropriate mindset, ending the rhetoric and bringing supply chain integration to reality.

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How Many Slaves Are in Your Supply Chain?

Talking Logistics

'The collapse of the garment factory in Bangladesh last week , which killed at least 705 workers and injured thousands of others, has put a spotlight on a problem that plagues many supply chains: the use of slave labor. Coincidentally, at the Ariba LIVE 2013 conference yesterday, I attended a presentation by Justin Dillon, Founder and CEO of Made in a Free World , a nonprofit group that is “building a coalition of consumers, businesses, and governments to disrupt the system of slavery.

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Laboratory Experiments in Supply Chain Research

SCM Research

'Nobel laureates rarely publish articles in journals within the supply chain arena. Vernon L. Smith was awarded the 2002 Nobel Memorial Prize in Economic Sciences “for having established laboratory experiments as a tool in empirical economic analysis, especially in the study of alternative market mechanisms” In its recent issue, the Journal of Business Logistics had the great privilege to publish an article by Cary Deck and him, in which these ideas were applied to our field: Using L

Research 147
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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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The 11 Transportation Service Offerings

The Logistics of Logistics

'There are 11 transportation service offerings. Last summer, Inbound Logistics published a list of different 3PLs and their services. The article listed 11 different types of transportation services and I decided to write an overview of those 11 transportation service offerings described in the article. I wrote a similar overview for warehousing: The 7 Warehouse Service Offerings.

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Why I No Longer Believe in the Gartner Supply Chain Top 25

Supply Chain Shaman

'This week, Gartner is hosting their annual supply chain conference. A major item on the agenda is the announcement of what used to be named the AMR Top 25. It is now the Gartner Supply Chain Top 25. While the name has changed, the methodology has remained fairly constant, with a only a few changes, since 2004. The research tries to establish “ who did supply chain best ” by looking at a weighted formula of Year-over-Year Growth, Return on Assets (ROA), and Inventory Turns for the Fortune 500 co

Gartner 250
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Origin of Logistics & Supply Chain Revealed! - SupplyChainOpz

Supply Chain Opz

'NAVIGATE. Home. Basics. Case Studies. Graphics. All Posts. About. Copyright. Privacy. Blogroll. Origin of Logistics & Supply Chain Revealed! What do we know about "Logistics" and "Supply Chain" to date? The purpose of this article is to shed the new light on this topic, who coined the terms, the true meaning of the terms and its relationship with other disciplines. 1) Current State.

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4 Questions Before Investing in a Transportation Management Solution

Talking Logistics

'Managing transportation — the ebb and flow of rates, capacity, fuel and regulations — is an ongoing challenge for many companies, especially those still using spreadsheets and fax machines to plan and execute shipments. At some point, usually when costs are out of control or service levels are heading south, companies finally make the decision to invest in a transportation management system (TMS) or outsource all or part of their transportation operations to a third party.

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Global Manufacturing Outlook 2013

SCM Research

'The Economist Intelligence Unit’s Global Manufacturing Outlook 2013 , written on behalf of KPMG, is out now. It is based on an international survey of more than 300 senior executives from five industries. The report demonstrates that competitive advantage can be secured by enhancing supply chain networks for efficiency and innovation. Particularly, it is demonstrated that (1) many manufacturers are planning mergers or acquisitions to seize opportunities in global markets, and they plan to exit

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2024 Annual T&L M&A Report

Tenney Group, an industry specialized M&A Advisory firm in the T&L space, produced the 2024 Annual M&A Report. The report contains an in depth overview of 2023 notable deals and the market, while also providing the outlook for 2024 M&A.

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LTL Carrier Profile: UPS Freight

The Logistics of Logistics

'LTL Carrier Profile: UPS Freight. UPS Freight is the fourth largest less than truckload (LTL) carrier with approximately $2.4B in sales (estimated 2012). UPS Freight has 6.9% of the less than truckload (LTL) market. UPS Freight is based in Richmond, Virginia. UPS Freight is a business segment of United Parcel Service, Inc. UPS, Inc. had $54.1B in sales in 2012.

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Infographic: Streamline Supply Chain using Social Media

Supply Chain Movement

'What is the biggest barrier to social media integration in the supply chain. “the supply chain leader will have to first learn about social technologies to apply them, and the digital marketing person will have to learn about supply chain before he can have the discussion” says Lora Cecere. When you’re past this first –critical- phase, the following infographic, based on a research by O’Leary (2011), you might get a good idea how social media integration can help across four categories: S

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Changing Mental Models

Supply Chain Shaman

'Over the course of the last week, I have been working on healthcare research. We finished our report on the maturation of hospital supply chains , and I have put the finishing touches on the Healthcare Supply Chain Index for this Thursday’s webinar. I also had the opportunity to speak at the GHX conference and facilitate a leadership workshop on the required changes for implantable devices.

Modeling 236
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Segmenting Supply Chain using Portfolio Matrix (2x2 Matrix)

Supply Chain Opz

'NAVIGATE. Home. Basics. Case Studies. Graphics. All Posts. About. Copyright. Privacy. Blogroll. Segmenting Supply Chain using Portfolio Matrix (2x2 Matrix). Supply Chain Segmentation is the planning process that links a corporate strategy to the executions. But, how should companies ensure that the process is done systematically and timely? This article will show you how to use a simple 2x2 matrix system to segment supply chain with examples across various functions. 1) Purchasing Portfolio Mat

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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This Week in Logistics News (May 27-31, 2013)

Talking Logistics

'After a cold and wet holiday weekend, summer has arrived with a vengeance, with temperatures in the 90s yesterday, today, and tomorrow. Time to put away the turtlenecks and find my bathing suit. It was a relatively quiet week for news, but here’s what caught my attention: Descartes Reports Fiscal 2014 First Quarter Financial Results. Transplace Selects New Equity Partner Greenbriar Equity Group.

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What Are the Best Business Schools?

SCM Research

'You are looking for a business school and you do not know where to enroll? A ranking might help. One of these rankings is from Bloomberg Businessweek. As part of their 2013 Best Undergraduate Business Schools ranking, they have now published the top 10 business schools in the area of operations management , an area that focuses on “the processes involved in production and everyday business operations, whether on an assembly line, a supply chain, or even something as common as a movie thea

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What is Supply Chain Innovation? Separating the Reality from the Hype

MIT Supply Chain

'Blurred vision. Supply chain innovations such as the early adoption of RFID underline how a flawed view of new technology can lead to unwise investment decisions. For many companies supply chain innovation (SCI) is a key source of competitive advantage. Yet there is no clear, commonly accepted definition of the concept; one company’s SCI is another company’s process improvement.

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The devil of SCM software selection is in the details

Supply Chain Movement

'One of the most valuable things to come out our workshops is insight into some of the less obvious root causes for why supply chain efforts go wrong. Recently a delegate told us something surprising: that his company’s IT department chose some planning software without consulting anyone in supply chain. I later heard a similar story from someone in our last Supply Chain Club meeting.

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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

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For supply chain managers to become a trusted advisor, talent management is key

Supply Chain View from the Field

'A CPO in the financial services industry also noted that a need to redefine procurement’s role in the enterprise is happening, driven by the recognition that a new type of procurement capability is needed: Prior to our transformation, the ONLY metric by which our performance was measured is how much money we saved for the organization. When people are compensated only on some of the money they save this drives some interesting behaviors.

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Supply Chain Maturity Model for Capability Assessment

Supply Chain Opz

'NAVIGATE. Home. Basics. Case Studies. Graphics. All Posts. About. Copyright. Privacy. Blogroll. Supply Chain Maturity Model for Capability Assessment. The concept of maturity model was firstly introduced by Watts Humphrey of Carnegie Mellon University in 1987 with the goal to improve the performance of software development process. Since then, the maturity model has been adopted by many disciplines.

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Revisiting Transportation Forecasting

Talking Logistics

'Many companies have collaborative planning and forecasting processes with suppliers and manufacturing partners, but very few companies translate demand and production forecasts into transportation capacity requirements. Has the time come to make this a standard leading practice? In this episode, Adrian discusses the key challenges and opportunities associated with transportation forecasting.

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FMCG/Pharma IT: The Supply Chain of the Future?

Enchange Supply Chain Consultancy

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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7 Hurdles to Well-Managed Inventory and How to Top Them

MIT Supply Chain

'Inventory mismanagement. Ingrained attitudes can block better inventory practices. Depending on which corporate silo you belong to, inventory can be a liability, an asset, or something in between. How do supply chain (SC) professionals overcome these biases and implement optimal inventory management solutions? More than 30 SC managers from some 19 organizations pondered the issue at a recent MIT CTL roundtable (see below for details).

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Supply Chain Future: Anticipating the unknown

Supply Chain Movement

'New markets, rising energy prices, growing raw materials shortages and mass individualisation are all widespread trends which will change the world we live in. The question facing businesses is, how can they prepare for developments which are as yet unknown? Scenario planning is one way of gaining insight into what the future may hold. Closing supply chain loops and creating flexible and transparent chains which operate at the right speed are possible response strategies.

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Creating an analytics organization for supply chain

Supply Chain View from the Field

'I’ve been leading a few calls for the International Institute of Analytics, as a faculty lead for the manufacturing group. We are preparing for the Chief Analytics Officer meeting coming up in Chicago in June. One of the issues that comes up is where the analytics function should reside – in IT or in the business function? We have heard from people on both sides.

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Retail Leaders: Shift from a Static to a Dynamic Supply Chain

BlueYonder

'When discussing the biggest disruption hitting retail today, a super-session panel of leading retailers at FOCUS 2013 in Orlando, Florida agreed it was….the customer! That’s right, it’s not multi-channel or mobile or social commerce, it’s the changing customer, they said. Why? Because meeting customers’ fast-changing desires for shopping convenience and service, and providing a seamless customer experience across channels, is what is driving revenue growth.

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Mastering Order Management: Backorders & Out-of-Stock Inventory

The unfortunate truth is that you will always have low stock and backorder issues with your supply chain. But that doesn’t mean you can’t be prepared to handle them. This brief video explores some of the primary drivers of inventory issues – and how modern technology and best practices can mitigate these issues and ensure a superb customer experience.

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This Week in Logistics News (May 13-17, 2013)

Talking Logistics

'“We’re toast,” said one of my son’s baseball teammates from the bench last night, as their team quickly fell behind 8-0 against the best team in the league. From my beach chair on the sidelines, I thought the same thing. Then came the bottom of the fifth inning, when my son hit a 2-run home run with two outs, followed by more hits and more runs, and when the dust settled in the infield, the game was tied.

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Marathon v Snickers: How fast is your FMCG Supply Chain?

Enchange Supply Chain Consultancy

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3D Printing: Let’s Not Manufacture False Dawns

MIT Supply Chain

'3D printing is being hailed as a breakthrough technology that will revolutionize manufacturing and supply chain management. This may be the case, but we should avoid repeating the mistake of relying on hype to judge its value. For those who are still unfamiliar with the concept, in 3D printing (or additive manufacturing) a digital file of a computer-aided design is sent to a “printer” that creates an object by depositing successive layers of materials a few microns in thickness.