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Supply Chain and Logistics Predictions for 2016

Talking Logistics

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. For example, 3PLs and software vendors did pay more attention to serving the needs of small and mid-sized businesses (SMBs) and companies in the Energy and Process Industries (see TMS for SMB: Breaking Down the Barriers , Oil & Gas Companies Focus on Eliminating Supply Chain Waste , and Collaboration and Optimization in the Oil & Gas Industry ).

Google Will Acquire a 3PL – And Other Supply Chain and Logistics Predictions for 2015

Talking Logistics

“We will see $300 a barrel — or roughly $250 in today’s dollars — because oil supply will be so short. That will be in 2015, after the peak of oil [supply].”. made that prediction in 2008 (see the Barron’s article What $300-a-Barrel Oil Will Mean for You ). Brent crude oil prices Dec 2009 – Dec 2014 (Source MoneyAM.com). I use this example to illustrate the challenges (or, perhaps, the futility) of making supply chain and logistics predictions.

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Oil & Gas Companies Focus on Eliminating Supply Chain Waste

Talking Logistics

For the past few years I’ve been using that phrase, which you typically find in investment literature, when making the case for innovation in supply chain management. As the table below shows, back in 2008, the U.S. This rapid growth followed by market decline has led oil and gas companies to finally face reality — i.e., that they need to move up the supply chain maturity curve to enable profitable growth moving forward.

Supply Chain Talent: Insights from CSCMP Annual Conference

Talking Logistics

“The biggest mistake companies make as they’re growing is leaving supply chain management and human resources behind.”. Howard Schultz, the CEO of Starbucks, shared that insight during his keynote address at last week’s Council of Supply Chain Management Professionals (CSCMP) Annual Conference. His point was that you need great people and a world-class supply chain to effectively grow a company, but many companies underinvest in those areas until it becomes an issue.

Why investors are looking at supply chain technologies in 2020

Requis

Since the coronavirus pandemic took hold earlier in 2020, supply chain has become a household word. Investors, like the public, have woken up to the fact that supply chains are the engine driving economic prosperity. Supply chain, it seems, is ripe for disruption.

7 Best Supply Chain Books of All Time

Supply Chain Opz

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. Therefore, the challenge to establish the ranking method is to find a more economical data source and the unbiased metrics. 2008).

How COVID – 19 Might Shape the Future of China Sourcing and Manufacture

Logistics Bureau

COVID-19 and the Future of China Sourcing and Manufacture. The disruption to global supply chains caused by Beijing’s decision to close factories and lock down cities to contain COVID-19 has jolted Western companies into rejigging their supply chains, with economists predicting that globalisation as we know it will never be the same again. The Pros: Strong supply chain and logistics culture. Covid 19 Global Sourcing

A “Swiss Army Knife” of Supply Chain Talent Requirements: Views from a Former Wolfpack Student

NC State SCRC

Stuart William was in one of my former MBA classes at NC State in 2008, and graduated into one of the worst economies ever in May of 2009. He started in supply planning, overseeing over $100M of spend in batteries and other categories. Marsh did not have centralized approach to supply chain management. But because of their less mature supply chain organization, the net income percentage was in the low single digits.

What are the Impediments to an Effective Global Trade?

Global Trade Management

By having many service providers involved, which among each other are often not connected, the friction in moving goods from source to destination are very high. Monday, 4 August 2008. Adoption of e-docs and WCO data standardization would greatly reduce the burden existing documentation practices place on consignees and logistic service providers. · arviem, founded in 2008, has grown organically to become the leading service provider for real-time cargo monitoring.

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Global Cargo Monitoring / Cargo Tracking: Seeking Sustainability on.

Global Trade Management

By having many service providers involved, which among each other are often not connected, the friction in moving goods from source to destination are very high. Monday, 14 January 2008. Global warming, food and product recalls, energy costs and consumer demand for fair trade practices are driving global importers to actively manage the sourcing of their products, requiring closer scrutiny and control. ▼ 2008. (7). Global Cargo Monitoring / Cargo Tracking.

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Logistics Trends Part 2

BluJay Solutions

Global manufacturers have found ways in which to flex their supply chains to utilize lower cost sea freight rather than more expensive air cargo. A key driver behind this trend was the economic downturn, which prompted shippers to look at ways to de-cost their supply chains whilst still maintaining their efficiency. The global logistics industry is already seeing a major change to the relationship that drove its development for the last three decades and before.

Introducing the Masters of Supply Chain Engineering and Management (MSCEM) at NC State

Supply Chain View from the Field

In 2008, Jim Owens, the Chairman and CEO of Caterpillar, gave the Poole College of Management a $2.2M gift to support the Supply Chain Resource Cooperative. Part of the mandate Mr. Owens wanted was to establish a joint program with industrial engineering in the supply chain area. This year, the Poole College of Management launched the program, which is called the Masters of Supply Chain Engineering and Management.

3 ways supplier diversity in supply chain can positively impact your business

DELMIA Quintiq

However, if they take a closer look, they will find that there are significant benefits to supplier diversity – not only for suppliers and their supply chains, but also for their business. Gwendolyn Whitfield’s article on supplier diversity as a competitive advantage showed that there are over 2 million minority firms in the US that have been generating $205 billion in sales annually, from as early as 2008. Supply Chain Planning & Optimization

Supply Chain Disruptions: A Survival Guide - SupplyChainOpz

Supply Chain Opz

Supply Chain Disruptions: A Survival Guide. Do you feel supply chain risk management is too complicated to implement? This article will show you how one of the worlds leading companies put a theory into practice and survive many supply chain disruptions. Its OK if you feel overwhelmed by supply chain risk theories because youre not alone. There are so many sophisticated methods to analyze supply chain risks. NAVIGATE. Basics.

7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all. This operation was proving too costly and too slow, so the company launched an initiative to achieve a 10% supply chain cost reduction within four years.

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). In 2018, Rockwell Automation won the Supply Chains to Admire Award. To understand the journey, we interviewed Ernest Nicolas, head of the global supply chain at Rockwell to gain insights.

Handfield’s Top Supply Chain Predictions for 2016

NC State SCRC

If there’s anything we’ve learned in the last year, it’s that prediction is not only much more complicated than it looks, and that the volatility and uncertainty that exists in the global supply chain operating environment is making life a whole lot LESS unpredictable. These insights have produced the following predictions about what the leading companies will be pursuing in terms of competitive supply chain strategy in 2017.

What’s the Difference Between Blockchain and Supply Chain?

Supply Chain Game Changer

The 5 Levels of Supply Chain Transparency! The phrase “Supply Chain Management” was first coined in 1982. The idea of a “Blockchain” was conceived in 2008 although the concept of a chain of blocks began as early as 1991, and use of the word Blockchain itself has only become popular in the last few years. ” (Source: [link] ). ” (Source: Wikipedia [link]. appeared first on Supply Chain Game Changer™.

Offering Prayers While Looking Down the Barrel of a Gun

Supply Chain Shaman

The PCA Corporation lost their case in the court of public opinion in 2008, but the federal conviction is seven years later. We are watching the redefinition of the principles of safe and secure supply chains and corporate liability. PCA was a small player in a complex supply chain of big brands. In 2008, the company manufactured 2.5% The issue spanned across the value chain and impacted over 300 companies and 3900 products.

Insights from Ryder Innovate 2014

Talking Logistics

I have long argued that third party logistics providers (3PLs) should set themselves apart from the competition by fully harnessing the power and value of their customer and employee communities. Over 70 executives from various companies and industries attended the event, which featured the following speakers: Debbie Hodges, VP of Supply Chain Services, Walmart Stores. Walmart Supply Chain and Transportation Trends for 2015.

How to run a supply chain war room that's ready for anything part 2: Planning for and preventing risk

EFT

This week, we will delve into the practicalities of creating and supporting a supply chain command and control structure that can cope with the worst the world can throw at it.

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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). In 2018, Rockwell Automation won the Supply Chains to Admire Award. To understand the journey, we interviewed Ernest Nicolas, head of the global supply chain at Rockwell to gain insights.

Supply Chain Management:Infosys team at Pulse 2012 - Day 0

Infosys Supply Chain Management

Logistics and Distribution. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape.

Supply Chain optimization: a total cost approach

KEPLER Consulting

On the front line since 2008, the automotive sector was quickly forced to adapt and work on the flexibility of its model in order to maintain a robust economic performance. To reduce Supply Chain costs, once the traditional levers have been activated (supplier negotiations, transport schemes optimization, inventory reduction, etc.), Because of this systemic nature (opposed to function-based approaches), total cost is a fundamental concept of Supply Chain Management.

Green Supply Chain Management - Infosys Blogs

Infosys Supply Chain Management

Logistics and Distribution. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape.

This Week in Logistics News (October 28-November 1, 2013)

Talking Logistics

Menlo Continues its Support of Degree Course in Supply Chain Management. The company’s Menlo Worldwide Logistics group reported revenue of $380.5 Maybe I’m reading too much into it, but with the growing importance of finding and retaining talent in the logistics industry , we ought to change our perspective and actions with regards to the people side of supply chain management. Source: Presentation by Bill Lee, VP at Breakthrough Fuel.

3 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I’d be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all. However, the company needed to make a lot of supply chain cost reductions after bringing its low-cost “Atom” chip to market.

Supply Chain Management:Supply Chain Agility - Is it for Real?

Infosys Supply Chain Management

Logistics and Distribution. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape.

Can Blockchain become the solution for anti-counterfeiting and chain of custody?

NC State SCRC

Recent articles in the New York Times and in the I nternational Business Times highlight the emerging role of blockchain as a key enabler of improved integration between parties in the extended global supply chain. He began with a history of block chain, dating back to 1989 and a paper was released by Timothy Berners-Lee, called “ Information Management: A Proposal “ Which laid out the basis for the WWW. It was in October 2008.

3 Things you Need to Know about Your Supply Chain (Plus an Extra One)

Logistics Bureau

When I first published this post, it was called “3 Things You Need to Know about Your Supply Chain.” ” However, I recently realised that I was omitting a fourth key factor that can contribute to supply chain glitches and gremlins. For those CEOs and other execs who don’t know much about supply Chain or logistics management, I’d like to highlight the four key areas to really keep an eye on.

Supply Chain Management:Importance of Proactive Master Data.

Infosys Supply Chain Management

Logistics and Distribution. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape.

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Supply Chain Management:A New Lens for Supply Chain Roadmaps

Infosys Supply Chain Management

Logistics and Distribution. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape.

What is a 3PL? The Ultimate Guide Including Definitions of 1PL, 2PL, and 4PL!

Supply Chain Game Changer

Check out What’s the Difference Between Logistics and Distribution? Most people involved in logistics or supply chain related fields would have heard of the term 3rd Party Logistics or 3PL. I ‘m not sure however if many would be that familiar with the terms 1st Party Logistics, 2nd Party Logistics or 4th Party Logistics let alone even pondered the meanings of 1PL, 2PL or 4PL. 2nd Party Logistics (2PL). Subscribe Here!

Freight Rates News October 2015

Freightos

Since we live and breath freight, we constantly come across information that’s critical for our customers – logistic providers, shippers and carriers. This is our personal take on logistics news trends. Looking for broader news or supply chain social media influencers? Check out our Top Logistics Providers. Freight Rates News that rates for freight and logistics trends – October 2015. Logistics providers consolidate.

Supply Chain Management:Supply Chain Visibility: The need.

Infosys Supply Chain Management

Logistics and Distribution. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape.