Your supply chain is costing you money – Reason #10 Failure to adequately train your supply chain planning staff

Kinaxis

Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. They use their knowledge of how planning systems work to peg up to find the source of the change and determine that someone changed the wrong record causing the change and confirm with the planner that the change was intended. One very good source of supply chain training is APICs (American Production and Inventory Control Society).

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. Relationship management, data modeling, problem solving, sourcing analysis, negotiation, data-driven decision-making, metrics development, forecasting, process flow, BOM understanding, MRP/production schedule, Pareto analysis, and information presentations are all key skills that he applies in his CPO role.

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Supply Chain Talent: Insights from CSCMP Annual Conference

Talking Logistics

That was certainly true at Starbucks, which went through some difficult times in 2008. Contrary to what many people believe, investing in employees is not dilutive [to a company’s financial results and shareholder value] — it’s actually accretive,” said Schultz, pointing to the company’s turnaround and growth since 2008 as proof. “The biggest mistake companies make as they’re growing is leaving supply chain management and human resources behind.”.

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. 2008). 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.

Know sooner, act faster and accelerate your supply chain performance!

Kinaxis

It’s a Sunday morning in May 2008. By end of day Monday, you have identified the key items that are manufactured in that region, identified the customers and revenue impacted by the loss of those items, identified alternative sources, and were able to shift to new suppliers and reschedule orders. Prioritized action lists based on impact to your customers or whatever key metrics drive your business can ensure that planners are working on what matters.

SanDisk’s Story of Customer Segmentation Strategies Using Inventory Postponement

Supply Chain Shaman

Source: Dictionary.com. The journey began with a one size fits all approach in 2008, and the policies evolved over the course of the last seven years. With the downturn of volume in 2008 with the recession, the company shifted to sales incentives based on channel sell through, implemented cost-to-serve strategies, and actively began the journey to design and implement customer segmentation strategies.

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

EFT

Ed Barriball, Partner at McKinsey & Company, takes a similar position and suggests looking at internal systems and metrics first, with an emphasis on keeping it simple, followed by building out into easily available data sources. “I

Data 57

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. In 2008, the company manufactured 2.5% The manufacturers sourced the peanut butter primarily on cost. Lora wrote the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters. The city of Philadelphia is eerily quiet this morning.

Supply Chain Disruptions: A Survival Guide - SupplyChainOpz

Supply Chain Opz

Resilience Project, its methods has been tested under many extreme circumstances such as, - 2008: Chengdu Earthquake in China. However, the logic Cisco uses to manage the disruption is very robust and details are summarized into the infographic below, Note: metrics data is for illustrative purpose. Cross-functional team, part standardization, back-up suppliers, dual-sourcing, supplier collaboration are the basic foundation that is tried and true. NAVIGATE. Basics.

6 Common Supply Chain Mistakes and How to Resolve Them

AFFLINK

The cost of recovery from a disruption in procurement management depends on factors such as supply source, volume, manufacturing location and inventory. Supply chains that rely on a single source are now more likely to experience disruptions. Supplies without an alternate source can become a single point of failure for the supply chain. For example, a part that a manager believes is dual-sourced may actually be single-sourced one or more levels up the supply chain.

How do we Drive Invention to Innovation in Planning?

Supply Chain Shaman

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. In 2008, I was asked to visit DuPont to talk about demand sensing. Syndicated data sources have a three-to-four week latency with the market and the time for an organization to model syndicated data to understand market trends will take another four-to-six weeks. This was the case for DuPont in 2008.

Easier than reducing carbon footprint – 5 Steps to make a dent in the Huge and Hidden Cost of CPG Sustainability

Cerasis

The volume of product damage occurring in between manufacturing and retail is substantial - a 2008 study by Deloitte estimated “unsaleable” product cost manufacturers $15 billion annually or 1-2% of gross sales. with the production of quality products creating less waste, the ‘scorecards’ for source reduction targets are met, provided to mass retailers and promoted but there are no metrics dealing with in-transit shipping damage.

Handfield’s Top Supply Chain Predictions for 2016

NC State SCRC

Organizations need to be able to tap into multiple sources of information from both structured and unstructured, internal and external sources, to provide greater insights into key research insights into business strategy questions. Other indicators included data pulled from the Federal Reserve economic database, the Producer Price Index, the Purchasing Managers Index, as well as internal metrics such as the size of the company’s own sales force.

A Quick Glance Into The Logistics Market - March 2016

EFT

Source: US BEA). Source: US DOC & Census Bureau). Source: The Conference Board) (The consumer confidence index is based on a monthly survey of 5,000 U.S. in February 2016, the lowest level since February 2008. Source: US DOL) . Source: Conference Board) (The LEI is a composite of 10 economic indicators that together create an analytic system designed to signal peaks and troughs in the business cycle. Source: US Census). Source: US Census).

India 44

A Quick Glance Into The Logistics Market - January 2016

EFT

Source: US BEA). . Source: US DOC & Census Bureau) Consumer Confidence The Consumer Confidence Index increased to 96.5 Source: The Conference Board) (The consumer confidence index is based on a monthly survey of 5,000 U.S. Source: US DOL) . . Source: Conference Board). Source: US Census). . Source: US Census). . Source: US Census). . Source: U.S. Source: US Bureau of Labor Statistics). . Source: US Census). .

A Quick Glance Into The Logistics Market - January 2016

EFT

Source: US BEA). . Source: US DOC & Census Bureau) Consumer Confidence The Consumer Confidence Index increased to 96.5 Source: The Conference Board) (The consumer confidence index is based on a monthly survey of 5,000 U.S. Source: US DOL) . . Source: Conference Board). Source: US Census). . Source: US Census). . Source: US Census). . Source: U.S. Source: US Bureau of Labor Statistics). . Source: US Census). .

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 Figure 1, we include the orbit chart of performance metrics at the intersection of operating margin and inventory turns. However, localized sourcing shortened leadtimes and improve responsiveness.

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 Figure 1, we include the orbit chart of performance metrics at the intersection of operating margin and inventory turns. However, localized sourcing shortened leadtimes and improve responsiveness.

Next-generation supply chains: Efficient, fast and tailored

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. metrics that really impact the bottom line; the Leaders in our survey. arviem, founded in 2008, has grown organically to become the leading service provider for real-time cargo monitoring. ► 2008. (7). Global Cargo Monitoring / Cargo Tracking. International trade is the engine of global prosperity today.

Cargo 40

Summary of Development and Manufacture Contracts in the Aerospace and Defense Industries

NC State SCRC

The major sources of risk in Development and Manufacture contracts in the Aerospace and Defense industries start at the top, where the contracts are awarded, and flow downwards to the subcontracting suppliers. The contract may also include metrics and resulting consequences (late fees, etc.). Sources. Contract Management , IACCM, 15 June 2008, www.iaccm.com/resources/?id=7978&cb=1552185616.

Supply Chain Management:Instance Consolidation Strategy

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Benefits: Avoid multiple sources of truth - With single / reduced number of instances the number of databases will be less. Consistent Business Intelligence - BI metrics can be obtained consistently across the entire business banking on the foundation of single version of master data. Sourcing,Procurement,Contract & Spend Management (38). December 2008.

Supply Chain Management:Demand Planning in CPG industry.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. In this step, the actuals are compared with the planned metrics (MAPE, forecast accuracy, bias etc.) Sourcing,Procurement,Contract & Spend Management (38). December 2008. November 2008. October 2008. September 2008. About Us. Contact Us. Newsroom Investors Careers. Infosys Labs. Industries. Industries. Aerospace and Defense.

New IMO 2020 Regulations Help Reduce Marine Sulphur Emissions

CH Robinson Transportfolio

Reducing sulphur emissions by utilizing low sulphur fuel oils in shipping vessels will help reduce greenhouse gas emissions by at least 50% by 2050 compared to 2008 requirements. million metric tons annually. Unfortunately, alternative fuel sources are not readily available on a large scale at this time.

Supply Chain Management:Rapid Innovation will Differentiate the.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. In our March commentary, the takeaway was that these rapidly changing retailer business models imply that organizations can no longer assume the same organizational structures of accountability where marketing and supply chain teams supporting physical stores and online fulfillment reside in separate organizational entities with conflicting metrics. December 2008.

Supply Chain Management:Supply Chain Visibility: The need.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Hence there arises a need to implement a system/process that can collaborate and obtain information from various sources, analyze and help formulate strategies for a more visible supply chain. Sourcing,Procurement,Contract & Spend Management (38). December 2008. November 2008. October 2008. September 2008. About Us. Contact Us.

Supply Chain Management:Smarter Partnering for Smarter Business

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Some of those are Cognos, iLog, SPSS, Core Metrics, Emptoris, Vivisimo and many others, as world is moving from reactive to proactive. Sourcing,Procurement,Contract & Spend Management (38). December 2008. November 2008. October 2008. September 2008. About Us. Contact Us. Newsroom Investors Careers. Infosys Labs. Industries.

Supply Chain Management:Growing interest in sustainability from.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. A further benefit of integration of these many systems is to allow organizations to effectively report on their sustainability metrics. Sourcing,Procurement,Contract & Spend Management (38). December 2008. November 2008. October 2008. September 2008. About Us. Contact Us. Newsroom Investors Careers. Infosys Labs. Industries.

Looking for Growth in Lean Times? Look North to Canada!

Supply Chain Network

Every company is looking for that elusive source of growth to keep driving the top line, or at least to replace any shrinkage in business from the downturn. But in difficult times growth can be a hard thing to find and merchants both online and offline need to be creative and on the lookout for any potential sources of new growth. On whichever metric one compares, Unemployment, GDP, Inflation or Currency, Canada has fared better during this downturn.

Demand Planning - Practicing the Best Practices - Infosys Blogs

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. In this blog I will focus on first couple of sub process of demand planning cycle - 1) Setting up demand planning objectives and metrics for different business units/customers/key items/locations 2) Setting up the frequency of the forecasting process (create/review/publish) with the time horizons. Hence it is not recommended as a single metric to be followed.

Business Process Optimization in Asset Management - Infosys Blogs

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. IT enablement in areas like Mobile work management, Health and Safety, Metrics monitoring (KPI) etc. Sourcing,Procurement,Contract & Spend Management (38). December 2008. November 2008. October 2008. September 2008. About Us. Contact Us. Newsroom Investors Careers. Infosys Labs. Industries. Industries. Aerospace and Defense.

Three Reasons Why I Love Hadoop, and You Should Too!

Supply Chain Shaman

Hadoop is an open-source software framework written in Java for distributed storage and processing of large data sets on computer clusters. In computing, Extract, Transform and Load ( ETL ) refers to a process in database architectures that extracts data from homogeneous or heterogeneous data sources, transforms the data for storing it in proper format or structure for loading. I love the innovation and the fact that it is open source. The elephants are coming!