This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Hosted at the Gaylord in Nashville the week harnessed the theme of machine speed and precision across connectedsupply chain processes. Supplychain modernization must occur in todays digital-centric world. The past approach of limited, incremental improvements is not sufficient for today’s supplychain needs.
Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supplychain leaders to reconsider supplychaininventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Why tell this story?
Bloated inventories. Despite investments in planning, today, industries hold 28 more days of inventory than in 2004. Changes in Inventory Year-end inventory values by industry from Y Charts. Retrospective Why do we have issues managing inventory today? The story continues. Rising inflation. Next steps? Measurement.
Wikipedia In 2014, I was exploring methods to publish what is now the SupplyChains To Admire report. Studying Performance of the Gartner Top 25 Award Winners Plotting corporate patterns against peer group performance through orbit charts enables a quick understanding of supplychain excellence. but declining. The secret?
For the past few years, the news has been filled with stories about supplychain disruptions, supplychain fragility, and the need for supplychain resilience. A term once prominent in supply discussions optimization isn’t heard quite as often as it used to be.
Inventory management has always been challenging. The supplychain shocks of 2020 brought this challenge into focus. Too often, inventory is viewed from an aggregate position, likely driven by finance, who are concerned about working capital implications. How does your inventory optimization process score?
Leveraging on it’s supercharged digitally-enabled systems and best-in-class technologies, blu helps businesses get a head start on digitalising their supplychains to remain competitive in the rapidly changing business environment. . The importance of supplychain resilience and responsiveness.
ToolsGroup’s GM of North America, David Barton, sat down for a video interview with Robert Bowman, managing editor at SupplyChain Brain , to share anecdotes and advice for supplychain planners in a year no one could have planned for. What’s your top advice for supplychain companies for the rest of 2020?
Even before the Covid-19 pandemic disrupted global supplychains and upended the global economy, supplychain experts insisted that supplychain resilience was essential. There is a] need to prepare supplychains not only to survive, but to thrive in chaos.”[1] The reason?
Reimagine SupplyChain of the future: There are many facets to imagining SupplyChain of Future. What are the learnings from Covid disaster that leaders will incorporate into future supplychains? Let us study major highlights of SupplyChains of the future. . — Jeff Bezos, CEO, Amazon.
To say that the pandemic made 2020 a very challenging year would be a gross understatement. Because of service disruptions – not being able to buy toilet paper, for example – the supplychain has been more discussed than ever before. The study shows delivering good service to grocery chains has never been harder.
RPA as it is also referred to, has the capability to transform supplychain management. For an industry that increasingly requires higher logistics pipeline velocity without sacrificing accuracy and at lower costs, RPA is a natural choice for high performing supplychain organisations. Inventory Management.
The global supplychain is routinely beset by challenges, both large and small, but the past couple of years have delivered a string of significant logistics disruptions that have threatened to upend the tightly choreographed dance of global freight transportation. Regulations may be more of a driver in the future.
If your company’s supplychain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supplychain resiliency test. Supplychain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks.
Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. There are many pieces of the modern manufacturing supplychain. The basic approach to inventory optimization.
Whilst the COVID-19 pandemic spreads across the world, it is vital for organisations to ensure a reliable supply of products and services. Lockdown of cities and manufacturing plants have significantly impacted many industries’ supplychains. Leadership in SupplyChain. This boosts revenues and optimises inventory.
They aim at a market push for their products, with little attention to the ‘how, when, where and who’ in the entire logistics and supplychain. The need for more visibility and control in logistics, is needed to closely monitor the activities related to their inventory, sales, and transactions.
This is a story for the Eds, Franks, and Toms working together in supplychains across the globe. It is also a story for a young supplychain manager attempting to make a difference, but feeling stymied. He felt that inventory was no problem, he would just cut it at the end of each quarter to make the balance sheet goals.
“Managing supplychain and logistics has never been more significant and challenging since the outbreak of COVID-19 that created a new norm with high uncertainty and enforced an inevitable shift”. Logistics and supplychain management is a rapidly evolving field.
For over a decade, since founding SupplyChain Insights in 2012, I have pounded the keyboard, asking business leaders to think more holistically about the impact of supplychain decisions on the firm’s value, the improvement of a value chain, and the impact on the environment. Thirteen years. Change is Hard.
15% decrease in inventory. With Blue Yonder capabilities, Mahindra & Mahindra Spares Business Unit (M&M SBU) now has greater visibility regarding demand, inventory, supply and distribution plans and are able to make more accurate and timely supplychain decisions. 10% increase in service levels.
I seethed as the news stations celebrated supplychain success for the December holidays. The health of the supplychain underpins our economy. When the supplychain is sick, all industries suffer. The supplychain can handle cost increases more easily than variability. I am worried.
Listen to “Inventory Forecasting Lessons for Improved SupplyChain Network Optimization” on Spreaker. The post [PODCAST] Inventory Forecasting Lessons for Improved SupplyChain Network Optimization appeared first on Transportation Management Company | Cerasis.
No Inventory Cost. Inventory cost is from minimal to zero in online businesses. For business owners who has inventory in hand, it is important of having the sales turnaround so that cash flow can now be more fluid, holding the stock in hand and not selling them are liabilities to the business.
Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supplychain insights and advice. This article is from Zheyuan Du at Kinaxis and discusses unconventional solutions to excess inventory challenges.
Read more Above the Fold: SupplyChain Logistics News (September 4, 2020). The post Above the Fold: SupplyChain Logistics News (September 4, 2020) appeared first on Talking Logistics with Adrian Gonzalez. She thought I was a.
ARC Advisory Group did a study on the supplychain collaboration network (SCCN) a couple of years ago. FourKites believes they have the largest repository of supplychain data in the world. I attended my first Visibility conference in 2020. The post What Do You Mean By SupplyChain Visibility?
The phrases “transitory inflation” and “supplychain disruption” have been frequently used in the general and business news media this summer. Certainly, supplychain constraints are a partial cause of the current above trend inflation. Data as recent as the end of June 2021 show that inventories remain below 1.3
Seventy-one percent of the surface of our “blue planet” is covered by oceans which is also reflected in the fact that 80% of goods are moved via sea transportation within the global supplychain [1]. as of January 1, 2020 [3]. It allows operators across the supplychain to track vessels at every point in the journey.
Belcorp’s Maturity in SupplyChain Design. Belcorp Corporation has actively worked to be a leader in ensuring that their people can effectively use a complex type of software known as supplychain design. It requires a company to further leverage the supplychain design philosophy.
But what if I told you that establishing supplychain planning and procurement processes also helps your company's culture, would you believe me? This past March, Tim Carroll, Product Availability Team Captain at AutomationDirect, was presented the 2020 World-Class Culture Award at the Atlanta SupplyChain Awards (ASCA).
In 2020, Microsoft committed to become carbon negative by 2030, and by 2050, the company aims to remove historical emissions since its founding in 1975. Supporting hypergrowth while reducing supplychain logistics emissions is not an easy feat. They obtained this data using a solution from EcoTransIT World.
Makers of weight loss drugs are looking out a big picture window of patented opportunity right now, but this rosy view is blocked by supplychain challenges. What role can supplychain play in preventing stockouts? So how can supplychain orchestration help?
When I started my business in 2012, I frequently wrote about the future using the moniker of SupplyChain2020. We had just recovered from a recession, and my goal was to help supplychain leaders create a better supplychain by the end of the decade. Days of Inventory Comparison. I was wrong.
It’s also why so many of our customers are eager to share their supplychain success – and have even won awards of their own in partnership with ToolsGroup! Check out some of our most recent accolades and discover why so many companies turn to ToolsGroup for better, faster supplychain decision making.
Many large enterprises use one form or another of a supplychain application to help manage their supplychains. Supplychain vendors have been touting their investments in artificial intelligence (AI) for the last several years. AI can refer to several different types of math. But that was pre-COVID.
When the pandemic started in 2020, no one could foresee the impacts of the global supplychain disturbances would last this long. Now the new norm is constant change, and agility is the name of the game when it comes to supplychain planning. Critical inventory disruptions/deficiency anywhere in the supplychain.
Supplychain is once again front-page news in the general business media. Meanwhile, supply shortages and price inflation are getting the front page in consumer-focused publications and plenty of airtime on televised news. I believe there are many reasons for the current supply shortages and supplychain disruptions.
After the SupplyChain Insights Global Summit , I took the time to recharge and took a month off from writing. The presentations from the Summit are posted now on the SupplyChain Insights You Tube Channel. The focus is on the role of supplychain finance in driving supplychain excellence.
Prior to 2020, every supplychain in the world was challenged by increasing levels of demand unpredictability and market volatility. The sudden onset of COVID-19 only reinforced a lesson that supplychain professionals had already realized: uncertainty is the only real certainty. Tariffs and trade regulations.
Cooper University Health Care Relies Upon Real-time Alerts to Improve Operations Cooper University Health Care, like most companies, struggled with their supplychain during COVID. The company bought a risk solution that provides real-time alerts to potential supply disruptions. During 2020, Cooper was paying up to a $1.50
Just when things couldn’t possibly get any crazier, 2020 finally came to a close. Over the year, COVID-19 introduced even greater complexity into the already difficult work of supplychain planning–and changed supplychain from a practitioner-focused topic to everyday dinner table conversation.
The SVP of SupplyChain at Walmart speaking at Blue Yonder’s virtual user conference. Following their fourth quarter results, top executives talked about their supplychain and omnichannel strategy at a high level. Mr. Guggina talked about how Walmart is approaching their supplychain transformation.
With all the buzz around digital transformation, someone peering in from outside supplychain may assume most businesses have already digitized essential tasks like inventory planning. This article will share five things you need to know about optimizing inventory in the digital age.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content