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In 2004, I worked with a Midwest North American meatpacker to help define its supplychain strategy. Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat. What do I mean? To illustrate, let me share a story.
That was my opening question to the executives attending last month’s Elemica reveal 2014 Conference in Frankfurt. Meanwhile, the Red Sox won the World Series in 2013, going from worst to first in one year — and then back to worst in 2014. SupplyChain Operating Networks Accelerate Business Cycles.
Today, supplychainexcellence matters more than ever. During the pandemic, the supplychain discussions take new importance. While the supplychaintechnology market lost its allure at the start of the last decade, it is now cool again. The supplychain career is new. Reflection.
Supplychainexcellence is easier to say than to explain. Executive teams strive to drive improvement in supplychain results; yet, sadly, only four percent of public companies succeed. The supplychain is a complex non-linear system. Now, I view the company as a supplychain laggard.
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 supplychain and logistics predictions. 2015 is less than three weeks away, and a barrel of Brent crude oil is $65.70 Do Facebook and Twitter Need a Logistics Strategy?
As an analyst in the supplychain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. Today I am writing my take on the acquisition of Terra Technology by E2open. It is a story of supplychain innovation. History of Terra Technology.
Missed appointments, dock scheduling mix-ups, crowded yards with insufficient parking, dropped trailers — all have cascading effects up and down the supplychain. Some have automated, gateless check-in; some direct the drivers to check in with the shipping office. The net result? Higher expenses. Dissatisfied customers.
If you have walked in the shoes of the supplychain leader, you are probably laughing by now. In the work, I listen to existing processes to provide feedback, ideate with the team on potential improvement, share advice on the fit of technologies, and network leaders to leaders to gain additional insights. Sounds easy, right?
Today, nine out of ten supplychains are stuck. Despite two decades of advancement in supplychaintechnologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. Like an artifact, I have kicked around in the supplychain space since the 1980s.
Integrated Planning: Tight Coupling of Enterprise Resource Planning (ERP) to SupplyChain Planning (SCP). However, what is clear from our recent study of 73 manufacturers using supplychain planning is that companies using best-of-breed solutions implement faster, achieve a quicker Return-on-Investment (ROI), and are more satisfied.
The consulting team pitches a theme–vision of supplychain best practices, big data analytics, or demand-driven value networks– to the executive team, and a new project is initiated. Question 1: What drives a Successful Implementation of SupplyChain Planning? Supplychain planning is now on its third decade.
I asked companies to “Navigate through the hype focusing on the feasibility of scope and technology.” At the time, the popular belief was that Enterprise Resource Planning (ERP) technologies would build multi-tier capabilities. Today, the multi-tier capabilities for supplychain management are coming from the born-again marketplaces.
Or agreement on the definition of supplychainexcellence. Sometimes, even the definition of a supplychain is not clear. As a result, functional excellence anchors action. The focus is on digitization—automating today’s processes—versus rethinking process excellence based on the art of the possible.
In 2014, ecommerce strategies grew in importance. At that time, manufacturers talked about customer-centric supplychains, but were afraid to aggressively adopt ecommerce strategies. If you are going to be excellent at ecommerce fulfillment, you need to have great perpetual inventory capabilities. Execution is essential.
Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. Located in the United Kingdom (UK), he has more than twelve years of experience in progressive roles driving demand-drive projects for their global supplychain. Understanding the Lubricant SupplyChain. Overview of Shell.
Founded in 2000, Steelwedge was an innovator in Sales and Operations Planning (S&OP) and was an early provider of cloud solutions for supplychain. Is Steelwedge a Tragic Hero of SupplyChain Cloud Technology? The supplychain management software market had soured. My answer? I am not sure.
I have a plane to catch this morning, so let’s go straight to the news… 3Gtms Announces the Inaugural Release of 3GTM Transportation Software. This week the company announced the inaugural release of 3GTM, the company’s flagship transportation management software (TMS). Ryder offers another example this week.
” SupplyChain Leader. The manuscript is due to Wiley on March 1st for an August 2014 publish date. I need it for my conference on September 10th-11th, 2014. I loved the quote that I captured today in my interview (see above), and I have enjoyed interviews with supplychain leaders like Peter Gibbons.
We conclude this two part series about manufacturing operations excellence by consultant Chuck Intrieri, by outlaying why manufacturers should focus on a critical component that will help sustain manufacturing operations excellence for years to come. What is Driving Sustainable Manufacturing Operations Excellence? Automation?
The success of your business links inextricably to the performance of your supplychain. you have to make your supplychain successful too. SupplyChain and Business Success By the Numbers Now for those statistics I mentioned. If you want business success (and who doesn’t?),
Many companies talk about SupplyChainExcellence, but most leaders struggle to define it. One supplychain leader, in a discussion last week, likened supplychainexcellence to fitness. He felt that supplychainexcellence was analogous. His reasoning? We want to help.
In the presentation, I shared data on the evolution of supplychain planning and the results on user satisfaction. The use of best-of-breed planning technologies was small at 15%. Neither technology vendor is an industry leader in delivering a solution that fits the needs of the supplychain planner.
by Lori Smith Can the S&OP process be done without technology? The answer to that question has certainly evolved over the years, and while there are still some holdouts, most will now agree that technology is indeed required. So what technologies are today’s supplychain teams using to support the critical S&OP process?
The network senses, translates, and orchestrates market changes (buy and sell-side markets) bi-directionally with near-real time data to align sell, deliver, make and sourcing organizations outside-in. Today’s supplychain processes are inside-out with a focus on orders and shipments.
If the word collaboration was listed on a card as a drinking game at supplychain conferences, we would be drunk at many. While we speak of collaboration, the focus is on driving enterprise results not value in value chains. The word, while bandied about frequently in speeches, is largely meaningless due to overuse and abuse.
However, one thing that should come to mind is the prowess of the retail giant’s supplychainexcellence. million employees without a focus on good supplychain management. ” The Key’s To Walmart’s SupplyChain Management Excellence over the Year.
In countless surveys over the past decade, manufacturers and retailers rank “improving supplychain visibility” as one of their top priorities. Yet, despite their focus on this effort and advancements in technology, achieving timely, accurate, and complete supplychain visibility remains an elusive goal for many companies.
As supplychain clichés take flight, clients struggle with execution. One of these concepts that I hear a lot; but see few tangible examples, is the idea of “customer-segmented supplychain.” The discussion of customer-segmented supplychains happens often. How do they buy from you?
Financial balance sheet improvements cannot be driven by traditional supplychain processes. In the words of a supplychain leader yesterday, “Lora, please give me stories of success. When I first met Nick, he was driving a supplychain transformation at VTech Communications. Price to Tangible Book Value.
Customers are buying less. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. A Closer Look at Consumer Value Chains and the Value of the EACH.
As we head into 2016, we are featuring our most read articles of 2015 in our five main categories: Manufacturing, SupplyChain, Logistics, Transportation Management, and Freight. Top 10 SupplyChain Articles from 2015. Without further ado, here are the top 10 supplychain articles by most read from the Cerasis blog: 10.
Last week, I interviewed Robert Byrne, founder of Terra Technology on his demand planning benchmarking study. In this blog, I share the findings and why I think that they should matter to supplychain professionals in consumer-facing industries. As a result, managing the supplychain is more complex.
December is now upon us and before we know it we’ll be starting off 2014 right, which means it won’t be long until we’re all gathering in San Diego Feb 23 rd to 26 th for RILA SupplyChain2014. Speaker(s): Rob Bass, Vice President, Distribution, Best Buy Co., Room 25, Monday Feb 24 th , 10:30 am. Lowe’s.
A serious Excel error could cost a business thousands or millions of dollars. Here are 5 Spooky Excel Tales that we hope never becomes your nightmare. In June 2003, a simple copy-and-paste error led to the Canadian power generator company, TransAlta buying more US power transmission hedging contracts in May at higher prices than usual.
Now more so than ever, corporations understand the tremendous impact logistics and transportation can have on their overall business performance and are taking meaningful strides to optimize their supplychain operations. increase over 2011, according to Capgemini’s 2014 18th Annual Third Party Logistics Study. billion (U.S.
The success of your business links inextricably to the performance of your supplychain. you have to make your supplychain successful too. SupplyChain and Business Success By the Numbers. Conversely, just 8% of businesses with less capable supplychains report above-average growth.
The inaugural post appeared on March 4, 2014, and was about the rising status of the supplychain profession. Some events and trends driving the supplychain’s standing back in 2014 remain just as influential in 2023. LinkedIn published my 100th Influencer article last month. One example is sustainability.
In my role with Logility, I have the opportunity to work with a wide variety of companies and executive management teams around achieving their supplychain goals and prioritizing their initiatives. Often these CIOs ask me to explain the differences between supplychain solutions from an ERP provider versus Best of Breed solutions.
Nine questions about the topics on the supplychain agenda of a supplychain professional. By Helen Armstong (SupplyChain Movement). It consolidated Cargill’s global animal feed production and strengthened its internal supplychain capacity for food production and processing.
In my role with Logility, I have the opportunity to work with a wide variety of companies and executive management teams around achieving their supplychain goals and prioritizing their initiatives. Often these CIOs ask me to explain the differences between supplychain solutions from an ERP provider versus Best of Breed solutions.
Each blog post written is distributed into groups that reach the supplychain community as well as professionals in manufacturing, transportation, distribution, and more. Today’s post is a follow up blog post to the post written a week or so back called “Vendor Managed Inventory Model for SupplyChain Cost Reductions.”
As a supplychain director, manager, or boss of a multinational corporation, where the supplychain is an integral part of your business, supplychain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for SupplyChain Cost Reductions.
Markets drive supplychains. The supplychain needs to respond to market demand and consumer sentiment. Traditional supplychain processes do not sense. For supplychain leaders, this market downturn defines a new set of opportunities and risks. They respond. This is a major disconnect.
For example, European consumers prefer to buy in their region (75%), then abroad (19%) or at the airport (6%). These statistics are similar for Asian consumers who represent the major consumer market with 62% buying luxury goods in Asia, 16% buying luxury goods at the airport, and 22% buying abroad.
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