Remove 2006 Remove Government Remove Inventory Remove Sourcing
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Q&A on the Supply Chains to Admire

Supply Chain Shaman

Here we share the answers to the questions that we get the most often about this research: What is the source of data? Which companies were considered in the study? The NAICS designation was developed by the US Federal Government to characterize groups of companies within an industry. It is a hot spot of misunderstanding.

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A New Red Wagon?

Supply Chain Shaman

As shown in Figure 1, the company has been unable to maintain balance on the portfolio of cost and inventory. Note that recent inventory progress is slipping against the improvements during the recession). Orbit Chart of Dow Chemical and BASF for the Period of 2006-2016 and Performance Data for the Chemical Industry.

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Inflation is Back Up – Are you Ready?

Herlitz Inventory Management

Growing up with a father who developed inventory management software for a living spawned some interesting conversations around the dinner table. source: tradingeconomics.com. It hasn’t been lost here at Herlitz Inventory Management! Government shutdown. source: thebalance.com. War on Terror. Bank crisis.

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AI in Commerce: Takeaways from The Edge Summit

BlueYonder

The speakers and the attendees all likened this moment in AI adoption to other key moments in time – it’s 1997 and the internet is gaining traction, its 2006 and the smartphone is revealing its power, and, now, it’s 2023 and the curtain is going up on Act 1 of the generative AI play. Basically, the data feeding the open AI systems (e.g.,

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How Do You Define a Mature Supply Chain Planning Organization? (Part 1)

Supply Chain Shaman

In 2006, they made a decision to implement a supply chain planning solution. Comprehensive view of source, make and deliver. Most often the focus is on transportation or logistics, but does not take into consideration the trade-offs between make, source and deliver. Focus is on make, source and deliver together.

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Renegade Riposte

Supply Chain Shaman

After spending five tedious years on the SCOR council executive board, I know that the governance model limited the SCOR council. I get called frequently to talk to supply chain leadership teams about inventory. What CEO does not like the concept of reducing inventory? Inventory is a sign off end-to-end of supply chain health.

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Chain of Custody: The source of control in global supply chains? – IoT Beyond the Buzz

Global Trade Management

You may find multiple definitions of a chain of custody by governments, associations, agencies, logistics service providers, shippers. The European Union and the World Customs Organization, for example, have rejected the Safe Port Act of 2006 with the impossible requirement of 100% scanning of all containers. What is chain of custody?