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Supplychain resilience is a hot topic the last few years since post-Covid issues and newsworthy incidents like the Houthi attacks in the red sea have raised awareness. The bridge collapse is a stark reminder of the vulnerability of the nation’s aging infrastructure and the importance of supplychain resilience.
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.
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.
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.”
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.
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.
“We live in a world where supplychains, not companies, compete for market dominance. But companies often have diverging incentives and interests from their supplychain partners, so when they independently strive to optimize their individual objectives, the expected result can be compromised. ”. What Is Value?
This announcement continues the trend of supplychainsoftware market consolidation. Logility is a well-established player in the supplychainsoftware market. With over forty-years of experience in SCM software, Logility went public in 1997. In 2016, total revenues for American Software were $113.9M.
I spent time this week completing reference calls on the use of S&OP technologies. Seeking the next sequel in technology adoption, I want to write how the confluence of new technologies changed companies’ abilities to improve decisions. So, to find the new sequel, I also interviewed new technology entrants.
In manufacturing-based companies, 70-80% of costs are in the processes of source, make and deliver. Labor is an important input with 50-60% of employees of the company reporting through supplychain organizations. Supplychain processes are relatively new. What defines supplychain excellence?
In my day-to-day work in supplychain management, I find more encounter more opinions than facts. …most discussions are fueled by over-zealous and self-serving marketing programs. The source of this data is a syndicated data provider of public reporting termed “Y-Charts.”). SupplyChain Leadership.
In business conversations, the term supplychain excellence rolls off the tongue frequently in meetings, but what does it mean? Supplychain excellence is harder to define than to say. We designed the SupplyChains to Admire Methodology to help companies define supplychain excellence.
Source Merriam-Webster Dictionary. 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.
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)).
Many companies talk about SupplyChain Excellence, but most leaders struggle to define it. One supplychain leader, in a discussion last week, likened supplychain excellence to fitness. He felt that supplychain excellence was analogous. As a goal, it is easier to say than to define.
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.
This is crucial as businesses continue to be faced with supplychain and business challenges. A competitive and nimble supply base can assist organizations as they rapidly respond to challenges in cost and supply. Among some of the features and tools, we are equipped to support the following initiatives.
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.
Six years ago, on a snowy January afternoon, I wrote my first post for the SupplyChain Shaman. My goal is to write insights for the supplychain visionary. The SupplyChain Shaman is an independent blog. The source of the content is research. Overview of SupplyChain Insights.
Financial balance sheet improvements cannot be driven by traditional supplychain processes. In the words of a supplychain leader yesterday, “Lora, please give me stories of success. When I first met Nick, he was driving a supplychain transformation at VTech Communications. Price to Tangible Book Value.
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.
In an uncertain world where supplychain disruption is becoming a certainty, here’s how good inventory management enabled by automation can help companies gain the supplychain visibility they need to keep the wheels turning. Now here we are, dealing with the impacts of COVID-19 around the world. economy. .
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.
SupplyChain Operating Networks: The building of supplychain applications using many-to-many architectures to connect multiple parties to multiple trading partners to improve multi-tier supplychain visibility, planning and execution to improve relationships in extended value chains. .
Since 2004 and with hundreds of locations deployed around the globe, PINC Yard Management System helps the largest global companies to identify, locate, and orchestrate inventory throughout the supplychain predictably and cost-effectively. . The challenges are many and are now top of mind. ” About PINC.
The speed of business is now computer speed and supplychains need to run at the same speed as the rest of the business. Fortunately, cognitive technologies are maturing just in time to achieve that aim. The Benefits of Cognitive Technologies. Machine learning is the most widely used AI tool in business.
The company wasn’t a pure startup at the time (it was founded in 1981), but like all software companies during those years, it rode the dotcom tidal wave up — and then crashed down with everyone else (see period from 1999 through 2002 in the stock chart below). Source: Google. Where is Descartes today?
Logistical Efficiency in Sourcing, Distribution, and Delivery Local Sourcing: While offering potential environmental benefits, local sourcing introduces complexities like smaller vehicle sizes and less-than-full loads. Balancing consumer preferences for locally sourced products with logistical efficiency is crucial.
At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supplychain and business strategy along with eight other important levers for supplychain performance improvement. A Long History of SupplyChain Strategy Misalignment.
.” Lora Cecere ( @lcecere ), founder and CEO of SupplyChain Insights, believes S&OP is suffering from a Peter Pan complex — it’s never grown up. When reading current case studies focused on S&OP, she notes, “[They] sound the same as the ones heard when I completed S&OP research in 2004.
Today, leading companies across varied industry verticals that include retail, consumer and industrial products manufacturing, high-tech and semiconductor, life sciences, automotive, telecom, and oil and gas leverage :o9’s Digital Brain platform for transforming their supplychain, commercial and integrated business planning capabilities.
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. ?.
Around 2004 we started a project to migrate an existing tool for planning for the BP Petrochemical Aromatics business over to AIMMS. Each business has great latitude to pick whatever planning and scheduling tools they prefer and it’s not unusual to find a business that runs mainly on spreadsheets. Take scheduling for example.
For IT professionals using SAP in the supplychain, S/4HANA could mean big changes – but not necessarily for enterprise mobility. But for enterprise users, the reality is that these previous-generation technologies cannot keep up with modern digital transformation efforts, such as cloud migration, blockchain, IoT, Industry 4.0
For IT professionals using SAP in the supplychain, S/4HANA could mean big changes – but not necessarily for enterprise mobility. But for enterprise users, the reality is that these previous-generation technologies cannot keep up with modern digital transformation efforts, such as cloud migration, blockchain, IoT, Industry 4.0
Subscribe to SupplyChain Game Changer. 10 Vital SupplyChain Lessons from the Coronavirus Pandemic! At SupplyChain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. My passion is supplychain and positive change.
In this final post of the series, I highlight three reasons why I believe learning technologies will make this future not only possible, but also imminent: First, there are breakthrough innovations in the underlying learning algorithms. Machine Learning technology has finally come of age.
Given today’s global supplychain, manufacturers agree that DFM is essential to helping them deliver products on schedule while meeting their quality and cost targets. It also ensures that correct parts are sourced and that they comply with applicable industry regulations. This resulted in the recall of more than 2.5
As an aside – Jason started Spend Matters in 2004 as a side interest because he was bored. 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. Category Management China SupplyChain Global SupplyChain'
Subscribe to SupplyChain Game Changer. 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. The correlation between technology and time is a special one. Subscribe Here! Email Address.
To get some answers for S&OP practitioners, Niels van Hove from SupplyChain Trend interviewed a group of S&OP leaders. SupplyChain Trend will publish a weekly Q&A with these S&OP leaders. To get some answers for S&OP practitioners, SupplyChain Trend interviewed a group of S&OP leaders.
What's interesting is how the use of IoT technologies to track inventory throughout the supplychain can dovetail with the kind of visibility you gain when you implement a best-of-breed dock scheduling system from C3 Solutions. in 2004 to $0.38 Inside and Out. Driving Revenue. A Perfect Fit for Fashion.
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.
Who could forget the Barbie deforestation scandal of 2011 , when Greenpeace discovered that toy manufacturer Mattel was sourcing packaging material from a supplier clearing rainforests from critical wildlife areas. . ESG accountability is closely linked to the concept of “responsible supplychains.” The Future of ESG .
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