Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

Founded in 2002, Spinnaker is a supply chain services company that helps clients grow, manage risk, reduce costs, and improve customer service by developing world-class supply chain capabilities. PRESS RELEASE.

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[Infographic] 21st Third Party Logistics Study Shows Increased Use of 3PLs & Shippers

Cerasis

However, 27 percent of shippers look at increasing M&As as a source of added value, asserts Dr. John Langley of Supply Chain 24/7.

3 ways supplier diversity in supply chain can positively impact your business

DELMIA Quintiq

Between 1997 and 2002, approximately 50% of growth by all American firms came from minority businesses alone. More than just charity. We often hear of companies participating in supplier diversity programs, and the standard reasons for their participation.

Steel Tariff Proposition: Will It Work?

Elementum

government began working on a proposition in June to impose tariffs and fines on foreign-sourced steel , suggesting that all pipelines operating on American soil use only American-sourced steel. After unsuccessful dialogue with China in April, the U.S.

Why Our Goal Should Not Be an Integrated Supply Chain

Supply Chain Shaman

In 2002 I worked for Gartner Group in the business applications practice. It was also clear to me that transactional data was only one of the feeds to the planning engines (approximately 60% of the data feed, but not the sole source).

Blockchain: Preventing E. Coli Through Enhanced Traceability

Kinaxis

Health officials narrowed the source down to romaine lettuce, but identifying which romaine lettuce from where is still a problem. by All By: APICS CEO Abe Eshkenazi, CSCP, CPA, CAE. This article was originally published on apics.org, and is repubished with permission.

7 Supply Chain Cost Saving Ideas from SpaceX

Supply Chain Opz

In June 2002, Space Exploration Technologies Corporation or SpaceX was established with the goal to make the space launch service way cheaper. During the period of slow economic growth, many manufacturers have to deal with the cost pressure.

Seasoned Leadership in Action™! An Interview with Michael Massetti, VP at Gartner!

Supply Chain Game Changer

The biggest career transformation for me was after leaving Dell when I joined Lucent in 2002 and entered supply chain in technology sourcing. We achieved recognition both internally and externally for our sourcing and procurement accomplishments in the spend management area.

Nearshoring & Reshoring Will Continue to Increase Thanks to these Main Benefits

Cerasis

These recall counts point to sizeable growth over the past decade in the recall notices of Chinese-made consumer goods from 58 in 2002 to 153 in 2014. manufacturers' decisions to reassess where they are producing or sourcing. Take a moment to think about offshoring.

Infor’s Acquistion of GT Nexus: If I Had a Magic Wand

Supply Chain Shaman

Founded in 2002 under the name of Agilisys, Infor rebranded in 2004. The goal is deeper analytics to sense and respond across make, source and deliver. Companies need a real-time data source on performance.

The End of a Fairy Tale

Supply Chain Shaman

As shown in Figure 1, the cost of Texas crude has increased nearly four times in the last decade; yet, too few companies are actively modeling the trade-offs of make, source and deliver TOGETHER. In the end, we were all going to live “happily ever after.”

The Dark Side of the Forecast: How to Conquer it

The Supply Chainer Report

In contrast, among many other scientists, the famous psychologists Daniel Kahneman (2002 Nobel Prize in Economic Sciences) and Amos Tversky believes on the Base rate fallacy (and some other psychological theories) which strongly impacts in the individual decision-making of estimating the future.

Insights from Kenco Customer Summit 2015

Talking Logistics

In a survey I conducted a few years ago, supply chain executives viewed “direct conversations with other executives and peers” — in other words, peer-to-peer learning and networking — as the most valuable source of practical knowledge and advice. Source: Adelante SCM.

Shippers Dissatisfied with 3PLs’ Dinosaur Technologies

Supply Chain Collaborator

The first study of shipper satisfaction in 2002 revealed only 27% of shippers was satisfied with the IT capabilities offered by their 3PL provider.

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5 Tactics for Transforming Your Supply Chain into a Lean, Mean, Green Machine

AFFLINK

Making your supply chain green requires integrating multifaceted environmental concerns relating to product design, materials sourcing, manufacturing, transportation, and end-of-life product and resource management.

Is Offshoring Leading to Increased Numbers of Product Recalls?

NC State SCRC

However, in the rush to source globally from low cost countries, the risk of product quality defects resulting in products recalls has often been overlooked by supply chain managers. Globalized supply chains have presented multiple unexpected challenges for executives, including delays in product sourcing, distribution issues, and quality defects. billion, and involved more than 6 million cars worldwide produced since 2002 [2].

Can You Trust the Information Your Supply Chain System Tells You?

NC State SCRC

But what happens when information is presented by human and automated sources? And what happens if those information sources conflict? For example, a Russian passenger jet and cargo plane in 2002 crashed in a mid-air collision. Under this simulation, the findings were very interesting: • Presentation order did not significantly affect reliance/trust in human and automated sources within risky decision making tasks. Source: In Automation we Trust?

VTech: A Story of a Supply Chain Leader

Supply Chain Shaman

Initially, this led to operating losses and write-offs and was turned around in 2002. I do not think that most companies understand the concept or source of profit leakage. Slowly, more and more companies are waking up to the cold, and hard facts.

The drive for a New Wave of Easy-to-use Procurement Products

Claritum

Recognizing these inefficiencies of purchasing marketing services across multiple countries, James Samuels and Paul Barker founded Claritum in 2002 to help companies streamline the purchasing of print and marketing services. Claritum Article - Procurement Blog.

Circular Economy in ICT – Completing the circle of supply

EcoVadis

Besides material and equipment, energy efficiency improvement of internal processes and networks comes on the agenda when realizing that the carbon footprint generated through ICT in 2002 will more than double by 2030, as it was estimated by the Global e-Sustainability Initiative (GeSi).

Seeing Beyond the Firewall

Supply Chain Shaman

The Gartner vision for ERP II in 2002 was destructive. To drive success in value networks, build multi-tier capabilities in channel and sourcing relationships, side-stepping the use of both traditional CRM and SRM concepts.

Are You Active in the Digital Transformation Drinking Game?

Supply Chain Shaman

My struggle is that open source software–Apache Foundation’s work with HADOOP and Spark–is moving quickly. SAP APO became the market share leader for supply chain decision support in 2002. Today I attended the SAP Insider Conference. The theme? Digital transformation.

Takeaways from Descartes Evolution 2019

Talking Logistics

Virtually all of those startups disappeared by 2002 — they either burned through all of their investment money or were acquired by bigger fish. Source: Google. Descartes Systems Group Revenue 2006-2018 (Source: macrotrends).

A vision for a transparent global Rare Earth Element system using blockchain technology

Provenance

China’s low prices have historically undercut global prices and pushed out foreign competitors –– such as the Mountain Pass mine in California, which closed in 2002. In the short-term, we consider a certificate trading scheme focused on Swedish/EU source mines and manufacturers only.

Why Learning Technologies will Fundamentally Transform Retail and Supply Chain

Supply Chain Nation

In 2002, the University of Michigan gave Google’s Larry Page and Sergey Brin an estimate of 1,000 years for scanning the library’s seven million volumes. But in only a few years since then, Google’s Books Library project has digitized and scanned books from many more libraries and sources.

Bio-based Products Future is Promising, but Hurdles Exist

Supply Chain View from the Field

However, each of these firms expressed that they would benefit from more direct discussions with the BioPreferred Program to find ways to increase the utilization of the label as a default “indicator” to be used in life cycle assessment (LCA) programs similar to the use of sustainable sourced forestry products. I had the opportunity to present at a hearing in Washington last week – this was a public meeting of the Biomass Research and Development Technical Sub-Committee.

How Yelling at Your Employees Brings Better Results

Supply Chain Cowboy

In it, he tells the story of Daniel Kahneman, who won the Nobel Prize for Economics in 2002. Image Source ]. Let’s pretend you manage Chuck. He’s a fairly good employee most of the time, but occasionally, he really messes up. Whenever this happens, you bring him into your office and yell at him for a bit. Chuck’s next assignment is much better. You’ve done your job as his manager. It’s not fun to yell at people, but someone has to do it. Or do they?

How to Improve Manufacturing Floor Data Collection

Cerasis

Although it was published in 2002, the case study highlighted the data collection struggles of a particular manufacturing company that probably rings true for many SMEs and large corporations alike. To log, track and trace everything’, your vision of a better manufacturing floor.

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How Supply Chain Strategy Misalignment is Killing Kmart USA

Logistics Bureau

The two companies switched positions in 1991, an event which heralded the start of a decade-long decline for Kmart, which ended in bankruptcy in 2002 and led to a subsequent merger with Sears in 2004.

The Amazonification of Logistics

Techgistics

Amazon has had such a major impact on eCommerce, that I thought it would make sense to look back on some of their innovations that are directly or indirectly impacting logistics: Super Saver Shipping Super Saver Shipping was introduced in 2002 offering free shipping for orders over $25.

Using Green Patents to Create a More Sustainable Business

EcoVadis

The Clean Energy Patent Growth Index (CEPGI), which has been tracking green patent trends since 2002, has reported upward trends of green patents in economies around the world , such as Germany, Japan, Korea, and Taiwan, as well as in the United States, including in Michigan, California, and Texas.

Striking a Balance

Supply Chain Nation

In 2002, there were two employees who worked at L.L.Bean in our Costa Rican sourcing office, facilitating vendor management in Central and South America.

This Week in Logistics News (January 9-13, 2017)

Talking Logistics

Source: Amazon patent filing. If Amazon has serious plans of realizing this idea, there’s already a company in the UK called Mole Solutions that has been working on creating “underground freight pipelines” since 2002.