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.

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Supply Chain Management:Has Best of Breed WMS Won the Race?

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. In 2006 the analyst community predicted that gap between the Best of Breed (BOB) WMS and ERP WMS has narrowed significantly and it was just matter of time before the ERP vendors caught up with the BOB vendors (1). Sourcing,Procurement,Contract & Spend Management (38). About Us. Contact Us. Newsroom Investors Careers. Infosys Labs. Industries. Industries.

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Resource-based Theory vs. Supply Chain Management

SCM Research

There is an ongoing debate in supply chain management research about whether or not resource-based theory suggests that supply chain management can be a source of sustained competitive advantage for a firm. Among those who have denied this suggestion is Ramsay (2001) , whereas, in his recent essay, Barney (2012) has argued that SCM can, “at least in some settings”, be such a source. 2006).

Is the FAR getting in the way of Early Supplier Involvement in defense projects?

NC State SCRC

defense firms tend to follow a traditional “white box” sourcing approach, as shown in this figure. Much of the sourcing behavior involved in standard defense industry practices is tied to establishing “price reasonableness” in accordance with FAR 15.403 (FAR, 2005). On a broader scale, the General Accounting Office (GAO) has identified strategic sourcing across multiple tiers of the supply base as a key defense acquisition deficiency (GAO, 2006).

Spend Analytics in the Federal Acquisition Sector

Supply Chain View from the Field

Acquisition in the federal government has been identified as a major source of potential savings in the future, as in the private sector, but a recent set of workshops and interviews identified some major challenges that exist. In 2006, the Federal Funding Accountability and Transparency Act called for searchable website database, leading to FedSpending.org. Emerging Issues in Supply Chain Government Acquisition Strategic Sourcing Supply chain analytics

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. Wal-Mart CIO Linda Dillman oversaw the implementation of the retailer’s first electronic product code (EPC) compliance program in 2003, and by the end of 2006, Wal-Mart had deployed RFID chips on pallets for its top 100 vendors and suppliers. Passive RFID tags, on the other hand, rely on power sources within external RFID tag readers.

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Measuring Up?

Supply Chain Shaman

In our recent analysis of supply chains that are “working well” , we find higher performance when companies have source, make and deliver reporting to the supply chain organization. In Figure 2, we share the average results by industry peer group for each metric and contrast the average value of 2006 to 2015. 2006 was the last full year before the recession, and 2015 is the most recent year reported.

CG Consus

ivalua

Established in 2006 and privately held, Consus is a global procurement solutions integrator and services provider. With offices across Malaysia, Philippines, India, Singapore, London, USA and Canada, Consus collaborates with customers to implement source to pay (S2P) solutions and services required for rapid adoption, and realize the return on investment envisaged from such procurement initiatives. [link].

The Relational View in SCM Research

SCM Research

Published in 1998, The relational view: Cooperative strategy and sources of interorganizational competitive advantage by Dyer and Singh remains one of the most influential business papers. The four sources of interorganizational competitive advantage identified by the authors are: (1) relation-specific assets, (2) knowledge-sharing routines, (3) complementary resources/capabilities, and (4) effective governance. The relational view has later been extended by Lavie (2006).

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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. Consistent data is not available prior to 2006.) The source of the data is public reporting of balance sheet information. Pepsico has ceded profitability for inventory turns while Coca-Cola is at the same position in 2017 that the company was in 2006. In Greek mythology, there is a difference between a Titan and a G od.

7 Best Supply Chain Books of All Time

Supply Chain Opz

Therefore, the challenge to establish the ranking method is to find a more economical data source and the unbiased metrics. 2006). In this article, we rank books based on their influence, popularity, recency and practicality and then we come up with the list of the best supply chain books. Finding Best Supply Chain Books We've found that most recommendations for on the web are based on just personal opinion.

Is Covid-19 the Death of Global Supply Chains?

Supply Chain Game Changer

Many supply chain, sourcing & procurement teams have been asked to row upstream without a paddle during this time of crisis. Many trusted sources accredit global GDP growth during the last 15–20 years, widely to the spread of globalization. Subscribe Here! Email Address.

Stories of Supply Chain Leadership: An Interview with Joan Motsinger of Seagate

Supply Chain Shaman

In our work on the Supply Chains to Admire report , we tracked the progress of manufacturing, retailing and distribution companies for the period of 2006 to 2013 and 2009-2013. In 2006, with increasing price and commodity pressures, to remain competitive, we needed to prioritized simplifying our supply chain through less SKUs, less complexity, levered components. We are targeting much improved end-to-end planning in response to multiple demand sources.

Built for Yesterday’s Consumer: The Demise of Malls and Traditional Distribution Networks

Talking Logistics

percent in 2006 to 3.4 Data Sources: “The Economics (and Nostalgia) of Dead Malls” (New York Times) and “America’s Shopping Malls Are Dying A Slow, Ugly Death (Business Insider). Data Source: “E-Commerce and Logistics Real Estate,” Prologis, July 2014.

How Can We Heal the Global Supply Chain?

Supply Chain Shaman

Corporate report data is not readily available before 2006. To illustrate the point, let me ask, “ If lean is the answer, why are Toyota and Honda results (Honda and Toyota are strong proponents of lean) at the same levels of operating margin and inventory turns in 2015 as they were in 2006?” Planning governance is different within each organization, and it varies by sell, deliver, make and source. Today, I unpacked my bags.

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Why Energy Supply Chains are Transitioning to Renewables

Requis

Despite the persistance of some strong fundamentals , 2020 may signal the true turning point in the shift to renewable sources for energy companies. ” Other sources agree. In spite of the increased spend, production has not risen but declined 6% between 2006 and 2012.

Big Tech and Auto Battle for the World’s Cobalt Resources

Elementum

In 2006, lithium-ion batteries consumed only 20% of the global cobalt supply. However, as standards for sourcing become more strict, these big players may lose business if they fail to provide visibility into their supply chains. It’s estimated that locating enough new sources to meet these demand spikes would take about 30 years — a long-term solution for a short-term need. Supply chain is not just about the procurement and transportation of goods from source to consumer.

The expanding scope of procurement analytics: Some initial thoughts

NC State SCRC

Moreover, sourcing organizations increasingly adopted centralized sourcing strategy, raising the importance of data analytics in sourcing. Since both outsourcing and centralized sourcing are primarily conducted to reduce costs , procurement analytics is expected to provide groundwork that assists managers with decision making within alternative sets (e.g., This “evidence-based management” (Rousseau 2006), by definition, requires a clear proof for a certain alternative.

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. It was a sultry day in Philadelphia. Last week, it felt like August not May.

My Take: The Role of Anaplan in Defining the Art of the Possible in Supply Chain Planning

Supply Chain Shaman

Together, we are testing use cases combining cognitive computing, blockchain, open source analytics, and Internet of Things (IOT). Founded in 2006, Anaplan is attempting to redefine decision support. “…the art of the possible, the attainable — the art of the next best” ? Otto von Bismarck. This morning I landed in Frankfurt. Keeping with my normal Sunday night ritual, I poured myself a cup of tea to pen my weekly post for the Supply Chain Shaman.

Best B2B Marketplaces in China

EMERGE App

Global Sources. Global Sources is a leading B2B media company and a primary facilitator of trade with Greater China. More than 1 million international buyers, including 95 of the world’s top 100 retailers, use Global Sources to obtain product and company information to help them source more profitably from overseas supply markets. Tradekey is a global company established in 2006 and have presence in many countries.

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Big Tech and Auto Battle for the World’s Cobalt Resources

Elementum

In 2006, lithium-ion batteries consumed only 20% of the global cobalt supply. However, as standards for sourcing become more strict, these big players may lose business if they fail to provide visibility into their supply chains. It’s estimated that locating enough new sources to meet these demand spikes would take about 30 years — a long-term solution for a short-term need. Supply chain is not just about the procurement and transportation of goods from source to consumer.

From Model X to Project Titan: A Closer Look at the New Auto Manufacturing

Elementum

Then, in 2006, a Silicon Valley startup called Tesla Motors announced that it would be producing a luxury electric sports car that could potentially run for more than 200 miles on a single charge. Source: SupplyChain247. Source: TheVerge. Source: PC-Tablet. Source: Auto News. It’s been a long road, but electric vehicles are quickly becoming the future of the auto industry. We take a look at how new vehicles are changing the manufacturing game.

LTL Carrier Profile: UPS Freight

The Logistics of Logistics

The latest addition to this portfolio includes LTL and truckload freight services, which complements UPS’s global capabilities to provide customers a single source for multiple modes of transportation. The Overnite subsidiary was renamed as UPS Freight in 2006. LTL Carrier Profile: UPS Freight. UPS Freight is the fourth largest less than truckload (LTL) carrier with approximately $2.4B in sales (estimated 2012). UPS Freight has 6.9% of the less than truckload (LTL) market.

Notes from ProcureCon Indirect West at the Wigwam in Phoenix Arizona

Supply Chain View from the Field

Chris Hahn from Coupa did a demo for me, showing me the ease with which Coupa software allows Accounts Payable and Sourcing groups to access all of their data online. The software was founded in 2006, and is based on the Amazon model of being able to quickly access data…because of how new the platform was, it is better able to drive solutions that are truly mobile and accessible to sourcing and contract managers from their iPhones.

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. As a result, the architecture for the EACH and chain of custody of products for eCommerce requires HADOOP and non-relational open source technologies like Apache Spark.

Coronavirus Increases Supply Chain Risk Management Priority

Enterra Insights

Van Hull notes, “Shortly after Dr. Osterholm’s article, in May 2006, AMR Research (acquired by Gartner in 2009) published Supply Chain Saves the World with a chapter dedicated entirely to preparing for pandemics. During a pandemic the ability to shift to alternative sources could prove crucial. For years I’ve been writing about the importance of supply chain risk management and how it’s often given short shrift in business discussions.

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. Today, 32% of companies have source, make and deliver reporting to the same organization, and the gaps in alignment between operations and commercial teams are large. This week, I spoke at the Chicago CSCMP round table event. I love to hear the thoughts from different speakers.

From Greater Production Traceability to Combating Biodiversity Loss and Meeting UN Sustainable Development Goal 15

EcoVadis

From the Soy Moratorium’s inception in 2006 until today, deforestation has fallen by 86 percent in the 76 municipalities covered by the moratorium, and these municipalities produce 98 percent of the soybeans in the Amazon biome. Earlier this year, Unilever became the first consumer goods company to publicly disclose the suppliers and mills it sources from. Human interference in natural habitats has put the biological diversity of our planet at risk.

Achieving Compliance with European Banking Authority (EBA) Guidelines on Outsourcing

ivalua

They update former guidelines on the subject from 2006 and specifications on cloud services outsourcing from 2017. If resources allocation lies in the hands of a financial institution’s management, a comprehensive source to pay platform such as Ivalua can help with all other requirements.

Ecommerce Venture Capital Trends: Which VCs & Seed Investors are Investing in Ecommerce?

ShipBob

Founded in 2006, this firm is slightly newer in comparison to others. Product sourcing. Product sourcing is the process of purchasing or creating products that you can sell. What sounds like a lot of money? million. million. million. 181 million. million. million.

Top 15 Biggest 3PLs in the US - 2017

Material Handling & Logistics

Source ID. Source ID. Source ID. Content Summary: Founded in 2006 and headquartered in Chicago, Coyote Logistics LLC, a UPS company, provides truckload, less-than-truckload, intermodal, air and ocean brokerage services and transportation management services to more than 14,000 shippers of various sizes and industries. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID.

S&OP: Middle-aged or Never Grown Up?

Enterra Insights

3] Back in 2006 he laid out the challenges he saw with S&OP processes. The combination of cloud, cognitive computing and open source analytics is evolving.” Sales and Operations Planning (S&OP) has been around for three decades. In human terms, the process should be entering its golden, middle years of life. Many pundits, however, believe the S&OP process, as originally conceived, needs to change. What’s going on?

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

AFFLINK

To meet demands the hotel has since dropped its energy consumption by 32% and landfill rates have fallen from 92% to 37% since 2006. To green its supply chain, the DoubleTree has purchased 900,000 kWh of renewable power to offset some of its electricity use and sources two-thirds of its products from a 500-mile radius. We hear it often, but it’s important to reiterate: whatever the customer wants, they get. Those words are never as true as they are in hospitality management.

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

Supply Chain Trend

Initially look for a sample of core, multiple sources to gain your own core understanding, and best/good practices to help in the planning and implementation of S&OP in an organization. A Tip: One great simple old-school resource to begin the journey is “Sales & Operations Planning, The Executive’s Guide”, written in 2006, by Tom Wallace and Robert Stahl. Introduction. In the last 30 years S&OP improved performance in many businesses.

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