Sat.Aug 28, 2021 - Fri.Sep 03, 2021

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Relationship Between Forecast Accuracy and Safety Stocks

Arkieva

A company’s total inventory is built up of many different parts such as strategic stock, anticipation stock, safety stock, cycle stock, unplanned stock. The cycle stock is the one most connected to the demand forecast; it is expected to be sold as the forecast becomes real demand. Safety stock on the other hand is extra stock to deal with the variability of the demand or supply.

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The Return of Demand: How Aerospace & Defense Can Prepare for the Next Normal with Virtual Twins

DELMIA Quintiq

The Aerospace & Defense (A&D) industry is arguably one that was most immediately and severely impacted by the coronavirus crisis. This is especially true in the commercial aircraft segment. However, as mentioned in a previous post , signs of increasing demand for commercial aviation are on the horizon. Preparing for this will require A&D manufacturers to digitally transform their operations and supply chains in a smart, sustainable and cost-effective way to improve visibility and agi

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[Video] Order Orchestration: Enabling Agility in the Supply Chain

Talking Logistics

We hear a lot about the importance of having an “agile” supply chain, especially in the context of disruptions like the pandemic or the Suez Canal incident. What does having an agile supply chain mean? How is it linked to order orchestration? What actions should companies take to better prepare for the next disruption? Those. Read more [Video] Order Orchestration: Enabling Agility in the Supply Chain.

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One Stuck Box of Fertilizer Shows the Global Supply Chain Crisis

Supply Chain Brain

Somewhere in the world’s busiest port of Shanghai, a container of fertilizer sits among tens of thousands of boxes, waiting for a ride to the U.S. It’s been on the dock for months, trapped by typhoons and Covid outbreaks that have worsened major congestion in the global supply-chain network.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Overcoming Production Challenges Through the Use of MES Software

IQMS

Bottom Line: Taking on manufacturing challenges and overcoming them by improving end-to-end vsibility and control first breaks down barriers in the way of taking on more customers and growing sales. The clearer and more real-time the end-to-end visbility is across shop floors and production plants, the easier it becomes to prioritize what needs to be improved first to increase production effiency, solve an urgent quality problem, increase yield rates and more.

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Is Every Company a Delivery Company?

Talking Logistics

I’ve commented several times about Meg Whitman’s statement a few years ago that “every company is a technology company.” Back in July, for example, I revisited the quote in response to Walmart’s announcement that it will offer technologies and capabilities to help other businesses navigate their own digital transformation and C.H. Robinson’s announcement of a.

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How to Get Started with Supply Chain Risk Management

Supply Chain Brain

Risk is everywhere. Adverse events can and will happen at any time, and when events hit your supply chain, disruption and financial, operational, and reputational damage are not far behind. .

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ECommerce SEO : How Online Stores Can Drive Organic Traffic!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Reasons to Invest in Excellent Customer Service for Your Online Store. ECommerce SEO article and permission to publish here provided by Ela Marie. ECommerce has seen a staggering growth in 2021. But what should be attributed to this growth? Few bets on pandemics, others say it’s technology, but if you take our perspective, it’s completely – the Internet.

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“Super shed” boom but there’s untapped value in physical store space

IT Supply Chain

By Oliver Guy (pictured). Senior Director, Industry Solutions at Software AG. The post “Super shed” boom but there’s untapped value in physical store space appeared first on IT Supply Chain.

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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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The Role of Time & Space in Building Resilient Supply Chains

Adexa

The Role of Time & Space in Building Resilient Supply Chains. As we all know, light travels fast but at a finite speed. As a result, what we see or hear happened in the past. In most cases we call it real-time because our senses do not detect the latency. Our senses and analytical skills are very slow compared to what technology can offer. However, our cognitive skills remain superior.

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Global Supply Squeeze, Delta Virus Rip Through Factories

Supply Chain Brain

Orders at factories are piling up as companies around the world struggle to meet demand amid a damaging mixture of the coronavirus and widespread bottlenecks in supply chains.

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How have manufacturers and distributors evolved to meet the factory of the future?

SYSPRO Smarter ERP

The journey to reaching digital resiliency: pursuing digital transformation initiatives to thrive despite the ongoing pandemic challenges. The pandemic has shaken the manufacturing and distribution industry profoundly. Although the global supply chain is usually a well-oiled machine, the unprecedented crisis forced organizations to not only rethink manufacturing and distribution but to adapt operations to remain […].

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Bangkok Airways refused to pay ransom following data breach, resulting in data being dumped online

IT Supply Chain

By Brooks Wallace (pictured). VP EMEA at Deep Instinct. The post Bangkok Airways refused to pay ransom following data breach, resulting in data being dumped online appeared first on IT Supply Chain.

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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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Bend but Don’t Break: 3 Issues Facing Today’s Supply Chain

QAD

The year 2020 was a big year of disruption for people around the world. All facets of life as we knew it were impacted, changed and altered by the COVID-19 pandemic. We had hoped that 2021 would be better, and in many regards it is; in some, it is not. The pandemic still plays a role in most people’s lives in some way, every day. Businesses, especially those in manufacturing, are trying to rebound and return to some sense of normal; whatever that means.

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How to Digitize, Optimize, and Automate Complex Automotive & Industrial Supply Chains

Supply Chain Brain

Given the global nature of today’s supply networks, multi-tier visibility, planning and execution has become very complex. To manage today’s complexities, current systems are forcing functional groups to resolve problems with outdated processes and approaches.

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Q: Why so many product shortages? A: The Perfect Storm

NC State SCRC

I have had a number of calls this past week with various media outlets, including the Associated Press , WRAL , Forbes, and even the New York Times! All of these reporters are asking the same question, which was best captured by a reporter at Forbes: “How is it that in a modern economy like the United States, where we have plenty of capital and strong demand, that we can’t buy the things we need?

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The only way physical stores can compete with eCommerce is with a radical rethink of physical space

IT Supply Chain

By Sachin Jangam (pictured). Partner for Retail, Infosys Consulting. The post The only way physical stores can compete with eCommerce is with a radical rethink of physical space appeared first on IT Supply Chain.

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Strategic Cost Management Approaches to Unlock Growth and Increase Profitability

How can businesses gain a competitive edge in an era marked by relentless competition and economic fluctuations? The secret is mastering strategic cost management strategies. This GEP bulletin, "Strategic Cost Management Approaches to Unlock Growth and Increase Profitability," breaks this down into clear, actionable steps. Discover how these strategies can boost your enterprise's financial health, helping not only to keep up but to excel in today's market.

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Downtime in Manufacturing – 7 Ways to Get it Under Control

Unleashed

Production downtime is not only costly, but common – making it a multi million dollar problem for businesses. Here we examine manufacturing downtime in detail, including what it is, what causes it, and what it can cost your business. We also look at ways to prepare for and prevent this expensive issue. Because even small manufacturing firms with limited capital can reduce the risk of suffering unexpected outages through measures like preventive maintenance, staff training and the use of smart ma

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How One Covid Case Upended Toyota’s Just-in-Time Supply Chain

Supply Chain Brain

The snarls that finally toppled one of the world’s best-maintained supply chains have sparked deeper questions about whether the auto industry’s strategies to prioritize efficiency and maintain minimal inventory will endure in the post-pandemic world.

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Thesis Ideas for Supply Chain Students!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain Education and Certification – What’s Missing? Get Our EBOOK HERE. As students go back to school many of them are entering the final year of their University or College program. Many of these programs require the completion of a thesis or major project of some sort, intended to be an overarching project drawing on all of the knowledge that the students have acquired to that point to put it into applica

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The pingdemic has notified all businesses that they need greater agility and resilience

IT Supply Chain

By Fraser Ironside (pictured). Director Business Consulting, Kinaxis. The post The pingdemic has notified all businesses that they need greater agility and resilience appeared first on IT Supply Chain.

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The Art of Consistent Perfect Order Delivery: Smart Order Fulfillment Through Orchestration

Shippers and logistics service providers are pressured to match the “Amazon effect” for fast and efficient service across multiple B2C, B2B, and D2C channels. Perfect order delivery - on-time and in-full at the lowest possible cost – is critical. However, recent surveys of supply chain stakeholders reveal that many don't have the technology necessary to achieve it.

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Supply Chain Digital Transformation 101: 8 Ways to Transform Your Supply Chain

ShipBob

Walmart founder, Sam Walton, once famously said, “Many of our best opportunities were created out of necessity.”. Online retailers who have embraced digital supply chain transformation did so to combat common logistics challenges that came to a head during the pandemic. Though the pandemic isn’t forever, the push towards digital transformation will continue to support retailers as they build supply chain resilience and be prepared for almost anything — a sudden influx in demand, logistics

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Fiberglass Shortage Disrupts Summer for Surfers, Boaters

Supply Chain Brain

The glittery, lightweight material goes into so many common outdoor products that it’s hard to imagine summertime without it. The supply-chain snarls show how broader forces in international trade, supply and demand have rippled through industries in the past year, leading to higher prices and slowing commerce.

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Reimagine Business with Flexible Supply Chain Thinking

Procurement Academy

How are adaptive organizations leveraging disrupting circumstances caused by the pandemic? Flexible supply chain thinking may be a solution. Being more elastic and developing a flexible oriented mind-frame can help us see different angles of the same disrupting events. Then you begin seeing problems as challenges, and figure out new possibilties to move forward.

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Integrated Supplier Management: Diagnostic Insights

QAD

During our virtual Tomorrow Thought Stream in May, which focused on suppliers and supply chain challenges, root causes and the latest best practices for addressing them , QAD introduced the Integrated Supplier Management Diagnostic tool. The Diagnostic consists of 12 questions that assess an enterprise’s strategic, tactical and operational supply chain planning and execution.

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More Than 40 New Manufacturers Join Configura’s Platform in 2023

More than 40 manufacturers across the commercial interior, material handling, and kitchen and bath industries expand offers via Configura’s CET platform in 2023.

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5 Must Read Books for Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Inventory Management Beyond the Mystery (Ebook). Must read books article and permission to publish here provided by Joshua Robinson. Self-learning is an important element of growing as a human being and reading books is not only entertaining but offers a great way to learn. Books can help students to absorb groundbreaking innovations, new concepts and teach them more about management practices.

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Design Group: Strong Through the Pandemic

Supply Chain Brain

Companies that implemented supply chain management software prior to the Corona crisis, benefited immensely from the optimized, digital processes during these turbulent times. One of these companies was IG Design Group.

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How  companies can optimise & secure their hybrid working environments

IT Supply Chain

By David Ginsburg (pictured). VP of Product & Solutions Marketing, Aryaka. The post How companies can optimise & secure their hybrid working environments appeared first on IT Supply Chain.