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

Global Trade Management

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. The problem is, that most of supply chain and security managers are so busy just keeping dots connected that they tend to forget to consider that every dot and connection represents a source for a new risk itself. Chain of custody is a term often thrown around as a buzzword.

Measuring Up?

Supply Chain Shaman

In our analysis, only one out of ten companies successfully improves operating margins and inventory turns at the same time. In Figure 2, we share the average results by industry peer group for each metric and contrast the average value of 2006 to 2015. Inventory Turns.

The Fight of the Titans

Supply Chain Shaman

The field of supply chain management–combining source, make and deliver–into a common process started in 1982. My caution is not so fast… 95% of companies are not making progress at the intersection of growth, operating margin, inventory turns and asset strategies.

RFID in the Supply Chain: Fizzling Technology or the Future of Effective SCM?

Cerasis

In 2003, Walmart announced that all of its suppliers would need to have Radio frequency identification (RFID) tags on all pallets and cases by 2006. More recently, with the rise of interconnected systems, the analytics to derive value from those systems seems, and decreased costs, RFID is resurrecting as a solution for increasing supply chain management (SCM), visibility into processes, and reducing inventory tracking costs.

SCM 175

Biogen Idec designs the innovation supply chain

Supply Chain View from the Field

Since graduating from the NC State Jenkins MBA program in 2006, Joydeep Ganguly has risen through the ranks at Biogen Idec – the world’s oldest independent biotechnology company and the largest biotech employer in North Carolina. With multiple alliance partners, we have lower lead times and greater flexibility in building out inventory to meet demand. We built our muscle on supplier management and business cooperation, contract negotiation and sourcing.

How Can We Heal the Global Supply Chain?

Supply Chain Shaman

Inventory Turns. Better performance in inventory turns than the peer group average for the period of 2006-2015. Corporate report data is not readily available before 2006. In the other years, P&G improves inventory turns but regresses on operating margin performance.)

Global 290

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. Monthly design of the supply chain including form and function of inventory and inventory placement. Inventory.

Intelleflex Announces Cellular, GPS-equipped RFID Reader & Cloud-based ZEST™ Data Services Platform

Supply Chain Network

To achieve full efficiency, the supply chain needs secure, accurate and timely data on the inventory status and condition of its products. ZEST Data Services makes it easier for Intelleflex partners to develop enterprise-aware applications by pointing to a single data source.

Transforming Consumer Value Chains: Navigating The Power Shift to the Shopper

Supply Chain Shaman

When we do these types of analysis, we look back at the data as far as we can reach (Y chart data is available only back to 2006 in a reliable form) and then we look at the period of 2006-2014 and the more recent period of 2011-2014.

Combat Rising Transportation Costs and Driver Shortage With Supply Chain Analytics

Savi

To put this in perspective, 2018 is the first year since 2006 in which driver shortage is the primary concern of the industry. Some sources recorded up to a 20 percent annual demand increase for large truckload carriers and fleets.

How do we Drive Invention to Innovation in Planning?

Supply Chain Shaman

One of my favorite speeches, over this fifteen year tenure, was listening to Alan Greenspan at the AMR Research IT conference in November 2006. Inventory piles up and revenues gaps are closed by pushing product into the market.

3 Tips for Placing the Customer at the Center of Your Hospitality Supply Chain

AFFLINK

Inventory Management. Problems with inventory management. Inventory management, when done right, helps you keep the right diversity and number of products on hand in your hospitality supply chain.

Rockwell Automation: Supply Chains to Admire Winner

Supply Chain Shaman

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC).

Rockwell Automation: A Case Study in Supply Chain Excellence

Supply Chain Shaman

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC).

S&OP, a vision for the future. The expert interview series #1

Supply Chain Trend

S&OP concepts should and could be adopted in both inventory intensive, manufacturing businesses, and pure service related businesses, and where resources are constrained and / or strategic choices need to be made. Introduction.

S&OP 131

Supply chain software demands continual attention

Supply Chain Movement

Quaker Oats has only been part of PepsiCo since 2001 and Duyvis since 2006. The freshness of the potatoes is crucial to the quality of our crisps, for example, which makes it necessary to be based close to the source. I still can’t see which location has inventory with a single click.”.

6 Tips for Creating Private Label Products for Amazon FBA

EMERGE App

They’ve come into their own in the past decade when Amazon started “Fulfilled by Amazon” back in 2006. Here, I’ll cover private label products first and how you should go about sourcing for suppliers. Pro Tip #2: Source Your Product Sensibly. Introduction.

Nasty Gal: When a Disrupter Isn’t Disruptive Enough

FLEXE

Founded by 32-year-old Sophia Amoruso in 2006, Nasty Gal’s rise and fall happened in less than a decade. With gumption, she did what any entrepreneurial, then-22-year-old would do: turn to social media to promote her inventory and fledgling business. Nasty Gal Inc.,

Who said supply chains are boring?: An Online Class Everyone.

Supply Chains Rock

As the Supply Chains Rock blog points out in an October 2006 post, conducting business in emerging global markets requires a knowledge of supply chains and the ways in which they function in other regions. “In this way, the distributor never has to worry about running out of a product and disappointing customers and the supplier doesnt have to worry about maintaining a large inventory in expectation of demand,” supply chain technology company Epiq says on its website.

Course 109

Transforming Tribes

EFT

This isolationist approach takes no account of effective inventory control, asset capacity management, mark down risk, responsiveness or availability. From a cautious toe in the water in 2006 when they achieved £1 million in online sales, they had, by 2012 achieved £1 billion.

Freightera’s New Redesign Takes Instant Online Freight Quotes to the Next Level

Freightera

Over 9 billion automated rate quotes in Freightera’s inventory connect 23,000 communities. Since inception in 2006, our programs have expanded worldwide to include a presence in 22 locations globally, giving startups the necessary resources to succeed in Silicon Valley and beyond. SOURCE Freightera. Canadian startup Freightera released its breakthrough redesign. Shippers can now get instant freight quotes without creating accounts. VANCOUVER, British Columbia , Sept.

Insights from the C-Suite: Supply Chain People Are Making a Difference in the World

Material Handling & Logistics

Since 2006, Abe Eshkenazi has served as CEO of APICS, a trade association focused on offering research, education and certification programs in supply chain management.