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Supplychains are particularly vulnerable during recessions. Consequently, it is imperative to develop a recession-proof supplychain to make them more resilient and adaptable. A resilient supplychain is one that can absorb shocks and continue functioning with minimal disruption.
Or, we could look at the Gartner top 25 supplychains list. That famous ranking used to be released at a dinner the Gartner SupplyChain Executive Conference in May (now called the SupplyChain Symposium), but this year it was again released in a webinar a few weeks after the conference. Gilmore Says.
Today, fewer and fewer supplychain professionals make the event. To make the event profitable, SAP Insider now combines supplychain, customer relationship management, human resource management, and product life cycle management. I remember attendance for the supplychain event was 5,000. It worries me.
On the ground and in person with supplychain industry professionals networking and learning in a safe environment. Nathalie pointed out during the panel discussion, that it is beneficial to consider how automation or mobile solutions implemented can future-proof businesses, particularly in today’s uncertain business climate.
However, if they take a closer look, they will find that there are significant benefits to supplier diversity – not only for suppliers and their supplychains, but also for their business. She said, “Supplier diversity is no longer a business catch phrase; it is a fundamental element of supplychain management.
Fashion industry is one of the most primitive form of supplychain management and its practices have been extended, adopted and become the best practices that we use today. One year later "Kurt Salmon Associates" was assigned to investigate the whole apparel supplychain. In 2004, Kasra Ferdows, Michael A.
Supplychain shortages abound. The supplychain impact is unprecedented. In 2004, I joined AMR Research, a Boston Analyst firm. I volunteered to write a report on supply visibility. Projects Being Implemented as Part of a Digital SupplyChain Transformation Project. The list goes on and on.
to supplychains and this webinar, hosted by LSCMS President, Dr. Raymon Krishnan had panelists Timothy Tan, Head, Enterprise Business IT and Mobile at Samsung Electronics and Ian Chong, Regional Director and. the entire supplychain when adopted and deployed correctly. supplychain models, are many.
Boeing is now a case study in how not to outsource a supplychain. The Dreamliner program was launched in April of 2004 with an order for 50 aircraft from All Nippon Airways. PLM designer Dassault Systèmes announced at the onset of the program that their software would “comprise Boeing’s Global Collaboration Environment.”
If the word collaboration was listed on a card as a drinking game at supplychain conferences, we would be drunk at many. While we speak of collaboration, the focus is on driving enterprise results not value in value chains. The word, while bandied about frequently in speeches, is largely meaningless due to overuse and abuse.
Founded in 2000, Steelwedge was an innovator in Sales and Operations Planning (S&OP) and was an early provider of cloud solutions for supplychain. Is Steelwedge a Tragic Hero of SupplyChain Cloud Technology? The supplychain management software market had soured. My answer? I am not sure.
The confusion starts when a supplychain leader states the need for improved visibility without a clear definition. Well-seasoned supplychain leaders understand that visibility is a capability not an IT taxonomy. The IT taxonomy for visibility is supplychain analytics. Supplychains are complex.
Public Procurement: Building Business Cases and Driving Momentum. For the Government, supplier diversity programs are something procurement professionals in the United States (US) have accepted as a key element to their procurement success. Agile Procurement in Canada. Social Procurement Framework in European Union.
In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supplychain management. Reminder of Key Definitions – Logistics & SupplyChain Management. and J-P Rodrigue (2004)).
Or will companies stumble on the path by mistakenly implementing supply-centric processes and calling them demand-driven initiatives? As a writer of research on demand-driven supplychains for over eight years, I find many amusing. Supplychain leaders feel stuck. Their current technologies are inadequate.
Yesterday was the first day of Gartner’s SupplyChain Executive Summit. The conference theme is “supplychain will lead in the next decade.” Because of supplychain’s far reaching effects, Gartner is challenging supplychain leaders to drive transformation throughout their organizations.
SupplyChain 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. SupplyChain Maturity Model. 2) Procurement Maturity Model.
Among these strategies, the role of supplychain capability stands out as a key factor in driving success. A well-optimized supplychain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market.
As part of LogiSYM Asia Pacific 2022, we had the opportunity to chat with Vittorio Favati, Chief Executive Officer – TVS SupplyChain Solutions GFS. He also went on to share what he sees as the five key changes making a global impact to supplychains today and gave advice for those working in or considering a career in our industry.
The Guardian stated : “The technology industry faces a growing shortage of semiconductors and other high-tech components following a failure to invest in new manufacturing facilities during the recession, experts have warned.” As a result, automotive OEMs were not able to ramp-up demand requirements fast enough back up the supplychain.
Subscribe to SupplyChain Game Changer. 7 KPIs Your Procurement Team May Be Ignoring! Days and years went by, and eventually, the ’93 Ford Escort was living in the hybrid-dominated world of the year 2004. It was a natural progression of time and technology. Subscribe Here! Email Address.
Subscribe to SupplyChain Game Changer. At SupplyChain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “Seasoned Leadership in Action™” Interview series at SupplyChain Game Changer.
Supplychain optimization consultant, author, and podcaster Marcia Williams has been working in supplychain since 2004. On episode 18 of SupplyChain Next, Marcia talks with host Richard Donaldson about what works and what doesn’t when it comes to digital transformation. ?.
Peter is a former Senior Strategic Procurement Manager at Air Canada , who, after more than 25 years at the organization, has a wealth of experience in areas including strategic sourcing, category management and supplier management. How Procurement and SupplyChain in aviation industry changed over the years.
As an aside – Jason started Spend Matters in 2004 as a side interest because he was bored. Spend Matters has grown to be a big part of the procurement landscape. The landscape for the new P2P technology was a big part of the conference, and my next blog gives a great case study of how this was applied.
The Key SupplyChain Challenge of Cost Reduction. Supplychain costs often represent a considerable percentage of the sales price of a good or service. If net profit on sales is 5%, for example, a reduction in supplychain costs from 9% to 4% (or from 12% to 7%) will double net profits.
ESG accountability is closely linked to the concept of “responsible supplychains.” After all, the greatest ESG impacts are found not in direct operations but in the supplychain. The term “responsible supplychains” did not emerge until the late 2010s but became more mainstream in 2020 with the havoc wreaked by COVID-19.
Demand sensing technology has been around for more than 15 years, yet there are still many myths around just what it is, what it does and the prerequisites to use it. Feeding downstream data to the demand sensing engine further increases forecasts accuracy and is a best practice for building a demand-driven supplychain.
The world of supplychain and logistics is changing every day. With how quickly new technology, tips and warehouse management techniques are emerging, wouldn’t it be nice to take a page from someone else’s book? Each one is featured as having done something unique to reinvent their supplychain and logistics.
Knut Alicke was helping to build digital control towers before most people had ever heard of them, and today advises the world’s top companies about supplychain. He is also a professor at the University of Karlsruhe where he teaches supplychain management. SupplyChain Next · 023 – Knut Alicke.
ESG accountability is closely linked to the concept of “responsible supplychains.” After all, the greatest ESG impacts are found not in direct operations but in the supplychain. The term “responsible supplychains” did not emerge until the late 2010s but became more mainstream in 2020 with the havoc wreaked by COVID-19.
As an analyst, when technology providers acquire and divest companies, I get invited to pre-announcement conferences. In these sessions, the technology providers share their rational for the investment and invite questions. Infor–a market consolidator of enterprise software–currently has revenues of $2.8
” The next call was with a technology provider. In 2004, with the evolution of demand sensing applications, the tactical and operational forecasts were both modeled using optimization, but the lack of synchronization of the two forecasts limited the technology adoption. Technology modeling capabilities are changing.
Procurement professionals around the world are sitting up and paying attention, especially in sectors with globally integrated supplychains. In such a crisis, virtually all supply categories appear “strategic”: as CNN business bluntly put it , “ You can’t make a car with 99% of the parts. Heavy industry.
As Pierre Laprée , CEO of Per Angusta points out, best-of-breed solutions are frequently built by procurement practitioners for procurement practitioners. So, they are brilliant pieces of technology, don’t get me wrong, but, to me, as a former practitioner it always feels slightly disconnected from my day-to-day reality.”.
They provide invaluable insights into risks hidden in the supplychains of large international organizations, expose them and sometimes provide temporary solutions. But with the use of technology it is a different story. And it need not be technology that is particularly cutting edge or sophisticated. A Dangerous Scene.
This happened during the COVID-19 pandemic , and added to the food supplychain woes that came from disruptions and bottlenecks around the world, leading ultimately to shortages and inflation. Some hope to see significant immigration policy reform; one that reflects the opportunities presented by automation, for example.
So many thoughts in my mind… Yesterday, I signed a contract for Robert Gordon, author of the book, Rise and Fall of American Growth to speak at the SupplyChain Insights Global Summit on September 5th-8th in Lake Oconee, Georgia (north of Atlanta). of revenue into Information Technology, the impact on real productivity waned.
The SDCE 100 spotlights successful and innovative projects that deliver bottom-line value to small, medium and large enterprises across the range of supplychain functions. These projects can serve as a map for supplychain executives looking for new opportunities to drive improvement in their own operations.
Passage of the American Jobs Creation Act of 2004 allowed U.S. Late last year, prior to passage of the tax bill, financial technology provider C2FO surveyed corporate treasurers and other financial executives about what they would do in the event of a repatriation tax holiday or deep tax cut. The law enriched the U.S.
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