How to prepare for a transparent supply chain in 2021

SupplyShift

To reuse the Kraft Heinz example, something like: Procure most electricity from renewable sources by 2025 and decrease energy usage by 15 percent. Decrease water usage by 20 percent at high-risk sites and 15 percent overall by 2025 (per metric ton of product made).

Transportation Network Modeling: A Powerful Tool in Greenhouse Gas Emissions Reduction Strategy

Talking Logistics

The USA says it intends to reduce emissions by 26-28 percent below its 2005 level by 2025 , trying hard for the upper limit. Supply chain network and transportation optimization can help make better sourcing and multi-stop route decisions that ultimately result in route design that balances low costs with higher service. In 2010, Walmart announced its goal to eliminate 20 million metric tons of GHG emissions from its global supply chain by the end of 2015.

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The Future of Procurement Is Upon Us. Are You Ready?

ivalua

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. By 2025, many Directors will be Millennials and will drive to find renewable disposition and consumption approaches to resources while balancing ways to drive revenue. Burton predicts that China and Brazil will become hubs for global sourcing.

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

Elementum

million metric tons (or 60% of the world’s supply). million metric tons. However, as standards for sourcing become more strict, these big players may lose business if they fail to provide visibility into their supply chains. Cobalt demand will exceed supply by 42% in 2025 and 170% in 2030. 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.

Conquering the Explosion of Supply Chain Planning Data

Logility

Structured and unstructured data including that from social media, Internet of Things (IoT) and Blockchain sources continue to stream in but much is left untouched. The total amount of business data is estimated to double every 18 months and by 2025 the World will create 463 Exabyte’s of data daily. Key Performance Metrics: The ability to identify and measure KPIs will help prioritize and measure transformation efforts.

Technology and the Supply Chain: What Does the Future Hold?

Kinaxis

Big business are jumping on the bandwagon too – utilizing collaborative distribution, reverse logistics and cooperative sourcing to lower costs, improve efficiency and better optimize their supply chain. WEF notes 2025 as the year the sharing economy will reach its tipping point into the mainstream market, but I’d lean toward seeing this impact your supply chain a whole lot sooner as the number of new startups in this space continues skyrocketing. by Alexa Cheater Meet the Jetsons!

How Does Procurement Create Value? Insights from CPO Speakers at Zycus Horizons Conference

Supply Chain View from the Field

” Based on that feedback, Chris asked a different question: “Looking out to 2025 –will we be using the same KPI’s as we do today? And we follow a pattern: you do an assessment, a sourcing wave, build a process, and do it over and over. But what one measure will be involved in 2025? A second response was provided by Niklas Hamnstedt Chief Procurement Officer at TE Connectivity: “I would like to see a stronger rating of supply risk and a supply risk metric.

How Cognitive Learning Changes the Game in Supply Chain

Solvoyo

It helps quickly process and make sense of the vast amount of data coming from countless sources. Companies do not have a solution for analyzing the enormous data scattered across various processes, sources, and system. Sources: [1] [link].

Top 25 Supply Chains of 2018

Material Handling and Logistics

The rankings are based on a composite score based on the opinions of Gartner’s analysts; a group of peer voters (mostly supply chain practitioners, professionals and experts; in the interests of full disclosure, I myself am part of the peer panel); some metrics, including return on assets, inventory growth and revenue growth; and a corporate social responsibility (CSR) component score. So the CSR score too is more of a popularity contest than a consistent metric. Source ID.

Offering Prayers While Looking Down the Barrel of a Gun

Supply Chain Shaman

The manufacturers sourced the peanut butter primarily on cost. Safe and secure and the redesign of the supply chain to protect the consumer is a part of the 2016 Supply Chain Insights Global Summit focused on Imaging Supply Chain 2025. 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.

Attracting Millennials in the Supply Chain Means Getting Your Digital Supply Chain In Order

Veridian Solutions

In fact, millennials will make up more than 75 percent of the workforce by 2025, so it is time for supply chain executives and leaders to enact the changes necessary to guarantee success in both the current and future supply chain. A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Millennials have an advantage over previous generations; they are “digital natives,” asserts John Simpson of Source Today.

Battle Strategies for Today’s Digital World

Supply Chain Nation

Metrics – Determine what success looks like at various levels, from operational to strategic. People – Invest in talent to support the vision of 2025 and beyond, looking at ways to engage next-generation workers. Image Source: [link]. I grew up listening to stories about the great Indian epic Mahabharatha, an 18-day war between factions of a family as they battled for control of the kingdom.

Walmart Says It Can Reduce Emissions in China by 50 Million Tons

Material Handling and Logistics

Last week the company announced that it will take out 50 million metric tons (MMT) by 2030 which is equivalent to the emissions associated with the average annual electricity consumption of 40 million Chinese households. Through Project Gigaton, Walmart aims to work with its suppliers to reduce emissions in its global value chain by one billion metric tons – a gigaton – by 2030, equal to the emissions from more than 211 million average passenger vehicles in a year.

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Battle Strategies for Today’s Digital World

Supply Chain Nation

Metrics – Determine what success looks like at various levels, from operational to strategic. People – Invest in talent to support the vision of 2025 and beyond, looking at ways to engage next-generation workers. Image Source: [link]. I grew up listening to stories about the great Indian epic Mahabharatha, an 18-day war between factions of a family as they battled for control of the kingdom.

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New IMO 2020 Regulations Help Reduce Marine Sulphur Emissions

CH Robinson Transportfolio

According to an IMO air pollution and energy efficiency study , over 570,000 premature deaths will be prevented between 2020 and 2025 by the introduction of these tighter sulphur oxide emission guidelines. million metric tons annually. Unfortunately, alternative fuel sources are not readily available on a large scale at this time.

Cannabis execs: digitize operations or else

TrackVia

billion, and predict it will surge to $25 billion by 2025. If you’re evaluating a technology partner, it is critical to perform a thorough security analysis and overview while paying attention to key metrics around uptime, defects, and any relevant certifications. As money continues to pour into the industry from more traditional funding sources (private equity, venture capital, etc.) How to survive the increasingly competitive cannabis industry.