2016

article thumbnail

A Different Solution to the Supply Chain Talent Shortage

ToolsGroup

“78% of respondents to Gartner’s most recent Chief Supply Chain Officer Survey identify talent as the No. 1 long-term supply chain risk”. There is a lot of documented evidence of a shortage in supply chain talent. Why is it happening? Planning is becoming increasingly complex; not only due to the increasing demand and supply chain complexity, but also due to the wide range of new data sources such as channel data, retail data and even web data - nearly all of which wasn’t available years ago.

article thumbnail

Three Mistakes Teams to Avoid in Selecting Supply Chain Planning

Supply Chain Shaman

Mistakes happen. Supply chain planning user satisfaction is a flip of the coin. Satisfaction is low: one-in-two supply chain planning software users state satisfaction. Successful implementations start with the software selection. Supply chain planing is now three decades old. Today over 82% of companies have some form of supply chain planning. With the rash of Merger and Acquisition (M&A) activities, many companies have inherited multiple systems.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Quintiq employees are donating their time to the World Food Programme

DELMIA Quintiq

Here’s what you expect a CEO to say upon the announcement of a corporate social responsibility initiative. As CEO of Quintiq, it’s a great honor to partner with the World Food Programme (WFP). Quintiq aims to make people’s lives better with the technology we create, but rarely do we get the chance to do so in such a meaningful way. This is more than just another CSR initiative for Quintiq.

Food 230
article thumbnail

Why Supply Chain Managers & Procurement Should Collaborate

GlobalTranz

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. Meanwhile, this large volume of expenses is directly related to 80 percent or a company’s working capital via inventory and accounts payable.

article thumbnail

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?

article thumbnail

6 Supply Chain Lessons from Henry Ford

Kinaxis

by Alexa Cheater Henry Ford has become synonymous with revolutionary advances in manufacturing. His utilization of the assembly line for his Model T changed not only the way businesses operated, but consumer demand as well. As an early technology adopter and strong proponent of innovation, Ford was more than a manufacturing master. He was a supply chain pioneer.

More Trending

article thumbnail

5 Dysfunctions of Typical S&OP Systems and How to Overcome Them

AIMMS

Sales & Operations planning has been around for 30 years. It was created initially by Oliver Wight and has become the standard procedure to improve business performance and predictability. Throughout the years, we’ve witnessed waves of interest in S&OP and its evolution IBP, which incorporates financial planning. In the past 2 years, we’ve seen the appeal of S&OP increase a lot more.

S&OP 216
article thumbnail

10 Greatest Supply Chain Management Books of All Time

Supply Chain Opz

Supply chain management books that are praised by supply chain executives, consultants and supply chain management professionals at all levels. Background In dynamic supply chain management environment, people have to make the quick and decisive actions against various issues. This can only be achieved by the knowledge and skills of the team. Then companies try to motivate staffs to continue developing their skills on regular basis.

article thumbnail

Supply Chain Risk Management: You Can’t Outsource Responsibility

Enterra Insights

“There’s a saying,” writes Warrick Beaver (@WarrickBeaver), Managing Director of Customer & Third Party Risk at Thomas Reuters, “that you … Continued. The post Supply Chain Risk Management: You Can’t Outsource Responsibility appeared first on Enterra Solutions.

article thumbnail

Improving on Strategic Sourcing

Logistics Viewpoints

These days, sourcing has become a common discipline in supply chain and transportation management. There is an organizational expectation that transportation modes will be sourced and cost will be taken out of the network with some regularity. However, meeting these expectations while maintaining service year-over-year has become more challenging. To get more out of the market, we need to change the approach, as it is no longer enough to simply conduct a “bid” for transportation […].

article thumbnail

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.

article thumbnail

Pokemon Go is coming to a warehouse near you!

Techgistics

The Pokemon Go phenomenon, which has exceeded 500 million downloads worldwide , highlights the possibilities of augmented reality (AR) not just for gaming, but also for use in the supply chain. AR is a technology that superimposes a computer-generated sensory input such as sound, video, graphics, or GPS data into a user’s real view of the world. A good starting point for augmented reality in the supply chain, is in warehouses, and DHL recently announced that they will expand testing of augmented

article thumbnail

What’s Your Forecast Accuracy Target for 2017?

ToolsGroup

Editor's Note: Due to the Thanksgiving holiday, there will be no blog post next week. In 2016, it seemed as if everyone in supply chain was looking to improve their forecasting performance. Companies sought to implement (or re-implement) planning technology solutions, tune and optimize methodologies towards tighter variances, and integrate more accurate information into their planning processes.

article thumbnail

Five Things I Have Learned About Global Supply Chain Planning

Supply Chain Shaman

Another plane, another client; and yet another discussion. They are sounding a bit the same. I am trying to not sound like a broken record. Regional supply chain companies are attempting to define global requirements. They are well versed in requirements for regional supply chain planning, but they are attempting to redefine their processes and be more global.

article thumbnail

The future belongs to those who can see ahead and plan for it

DELMIA Quintiq

S&OP Maturity Series, part 2 of 5. In my last post , I discussed a scenario in which the S&OP solution was the difference between having to decide if it was better to lose potential profits, or risk upsetting existing, loyal customers – and meeting everyone’s needs. Having a solid S&OP process will become more important as your company grows from one stage of maturity to the next.

article thumbnail

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.

article thumbnail

7 Innovative Warehouse Management Technologies to Adopt

GlobalTranz

When it comes to warehouse management, constant evaluation and adoption of crucial technologies is critical so as to improve profitability and stay competitive. Today, warehouse managers have a wide array of technologies to choose from as they strive to reduce costs, improve efficiency and streamline operations. They must ensure that goods, materials and products flow effortlessly by optimizing their warehouse operations through the use of warehouse technologies.

article thumbnail

How Uber Parallels the 6 Design Principles of Digital Supply Chain

Kinaxis

by Dr. Madhav Durbha Digital supply chain is the “in” thing! Don’t take my word for it, though. Just google the term. You will come across many articles talking about how supply chains are being remade by industry 4.0, internet of things (IoT), 3D printing, big data analytics, cloud computing and so on. But what most of these articles focus on are the means rather than the ends for the digital supply chain.

article thumbnail

Black Friday 2016: Brought To You By Logistics

Freightos

Black Friday Logistics: Brought To You By Ocean Freight. By Zvi Schreiber, CEO of Freightos. @zschreiber. What’s working for ocean freight (and what isn’t). Ocean freight has had a complicated year so far. Beyond speed, one of air freight’s primary advantages over ocean has always been reliability. But improved data forecasting and more predictable supply chains have become a boon for ocean freight, leading to an increase in ocean shipments at the expense of their more expensiv

article thumbnail

Internet of Things (IOT), Cost-to-Serve, Segmentation and Supply Chain CoEs are unable to deliver promised business value without Prescriptive Analytics

AIMMS

Gartner’s Hype Cycle for CSCOs is a valuable read for current and potential Supply Chain leaders. It brings together a long list of trends, enabling technologies, business frameworks and competencies that should be in your consideration set. The big theme of course, is the digitization of the supply chain and the implications it will have on business performance.

article thumbnail

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,

article thumbnail

3 Supply Chain Planning Fundamentals for the Holidays

Oracle SCM

This blog post was co-authored by Lionel Albert, Oracle's Senior Director EMEA, Manufacturing and Supply Chain Planning. Generations of children have asked their parents how Santa can deliver so many presents around the world in just one night. While they might assume it’s magic, manufacturers and retailers know that making holiday wishes a reality isn’t that simple.

article thumbnail

How Mental Toughness supports more effective S&OP

Supply Chain Trend

Mental Toughness is a personality trait which is emerging as the key to understanding how people respond to and perform under stress, pressure and challenge. Mental Toughness explains up to 25% in the variation of an individual’s performance. It is also a significant factor in individual and team health and well-being. Mental toughness has been used in elite sport psychology for over 20 years to increase performance.

S&OP 129
article thumbnail

Omni-Channel’s Ripple Effect on Transportation

Logistics Viewpoints

When Transportation Optimization and New Shopping Behaviors Collide One needs to go back to the early 2000s to see green shoots of modern omni-channel retail. While web-based e-commerce began in the late 90s, consumer and retailer appetites didn’t get whetted for omni-channel experiences until the early part of the last decade. Indeed, by 2002, Best Buy was saying more than half of its customers were checking its website before coming to the store.

article thumbnail

Supply Chain Success in India: How to Choose the Right Site Locations

CHAINalytics

Karthik Ravikumar | Manager, Supply Chain Design | and | Prateek Chauhan | Manager, Supply Chain Strategy & Operations | Chainalytics Site selection–choosing the right siting location(s) from a mix of potential candidates for manufacturing, warehousing or distribution–is one of the foundations of a solid supply chain network design and an optimized supply chain strategy anywhere in the world. … The post Supply Chain Success in India: How to Choose t

India 97
article thumbnail

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.

article thumbnail

Increasing S&OP clarity by adjusting “depth of field”

ToolsGroup

In last week’s blog we talked about the fundamental challenge of connecting tactical S&OP down to detailed execution. Here we look in the other direction and examine the challenge of connecting tactical S&OP up to the strategic plan. S&OP creates a common framework and view of the business, so different departments with different drivers and measures are able to efficiently communicate.

S&OP 215
article thumbnail

The Role of Traceability in the Pharma Supply Chain

Elementum

The U.S. government is making a big push for pharma traceability, hoping to quell the amount of counterfeit drugs imported into the country. But that’s no easy feat in such a huge supply chain. The pharmaceutical industry is continuously facing the challenge of balancing expenditures and returns. Companies shell out funds to develop novel drugs and respond to demands by different consumers, healthcare providers, and logistics providers, all while trying to reduce R&D costs.

article thumbnail

Top UltraShipTMS Application Developer Named ‘2016 Pro to Know’

Supply Chain Collaborator

Director of Application Development and 10-year Veteran of UltraShipTMS Team Recognized by Supply & Demand Chain Executive Magazine . March 15, 2016 – Fair Lawn, NJ – Supply & Demand Chain Executive magazine, the executive’s user manual for successful supply and demand chain transformation, recently announced the 16th annual listing of ‘Pros to Know’ in the supply chain industry.

article thumbnail

Procurement Logistics: What Is It & Where Do Logistics Providers Fit In?

GlobalTranz

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. In some cases, these conditions may be applied to all supply chain processes. However, each term covers a different portion of the supply. For example, transportation management often focuses on the journey of products after manufacturing.

article thumbnail

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.

article thumbnail

The Changing Role of IT in End-to-End Supply Chain Management

Kinaxis

by Alexa Cheater Business processes are shifting. Technology is evolving. The Internet of Things (IoT) is exploding. Is your global end-to-end supply chain management (SCM) strategy set to keep up? Industry 4.0 is here, and it’s bringing with it a whole new world, one that’s likely going to involve substantial change to your IT infrastructure. By 2020, Cisco predicts there will be 50 billion IoT connected devices.

article thumbnail

The 2016 Supply Chain Top 25: Lessons from Leaders

Supply Chain 24/7

In this article Gartner’s research team talk about what it takes to be a supply chain leader and what insights and trends we can take away from this year's 2016 top 25 supply chains.

article thumbnail

Optimizing Liberty Global’s Supply Chain: An Interview with Willem Vesters

AIMMS

Liberty Global is the world’s largest international TV and broadband company with operations in more than 30 countries. The company started working with AIMMS and our implementation partner Districon in October 2015 to develop a Demand Aggregation tool. Today, they are looking to expand their use of AIMMS for other planning capabilities. We had the pleasure to speak with Willem Vesters, Liberty Global’s VP Global Supply Chain Planning, to learn more about their optimization journey.