Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. It goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence. Also, it includes the key considerations such as how much of the product or service to sell and finally choosing the most cost-effective markets to operate in. MORE

Technology can have a significant impact on supply chains, but supply chain digitization still lags behind digitization of other areas of business across many industries. According to research from McKinsey & Company , the supply chain dimension has the lowest level of digitization (43%) compared to other dimensions, including products and services, marketing and distribution channels, business processes, and new entrants at the ecosystem level. are transported by truck. MORE

This lack of alignment is an impediment to improving balance sheet results. I am a product of traditional, silo-based thinking. I did not understand warehousing and transportation until reassignment to a logistics role in 1985. I cut my teeth on early forms of supply chain planning. In the building of outside-in processes, the leader acknowledges that an order is not the best representation of demand and that there is no substitute for market data. MORE

Social media awash with pictures of supply chain professionals attending the Lady Gaga event at SAP’s Sapphire, celebrating with drinks at the Gartner event, or rocking to the ZZ Top performance at JDA’s Icon conference trumpeted excitement. Disruption of the flows of goods is daily occurrence. Imagine the thought of Donald Trump(@realdonaldtrump) and Alexandria Ocasio-Cortez (@AOC) driving the same outcome? ” You can also use one of the options here.” MORE

Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. It goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence. Also, it includes the key considerations such as how much of the product or service to sell and finally choosing the most cost-effective markets to operate in. MORE

The Barnes Foundation is an incredible exposition of some of my favorite artists–Matisse, Modigliani, and Picasso. The combination of weather and the Democratic Convention in Philadelphia delayed all my flights for at least two hours on multiple days. ” I loved the simplicity of the statement. Most of the Integrated Supply Chain Planning Projects Generate Rubbish. In this complex world, simplicity is a good thing. Supply Chain 2030. MORE

Our look at the Top 25 (plus 4) Supply Chains of 2018 examines how the best companies in the world excel at managing their global supply chains. One of the most popular articles we’ve ever done is our look at analyst group Gartner’s annual ranking of the Top 25 Supply Chains. So the CSR score too is more of a popularity contest than a consistent metric. At the end of the slideshow, you’ll also find links to our analyses of previous years’ rankings. MORE

When I was in high school, I never thought that I would be a writer, but writing is now a large part of my life. In the course of the cycle of building content–research, writing and speaking–I get many questions. The caller on the other end of the line was in Northern Europe. He was enjoying the podcast series of the speakers, and wanted to participate. The processes and the requirements of the two companies were quite different. It is Sunday. MORE

The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning. Today only 12% of supply chain teams are driving improvement, performing better than their competitors and driving value (as determined by Price to Tangible Book Value). As companies prepare for Supply Chain 2030, we think that it is time to rethink the basics. 2030 is 14 years in the future. Driving new levels of value will be a fight. MORE

Read the short version of this report on Medium. The central role that REEs play in the functioning of clean energy technologies makes these elements increasingly strategic resources for economies into the 21st Century. This is particularly true, in the context of the growing number of international commitments to carbon neutrality, such as Sweden’s pledge to reach net-zero carbon emissions by 2045. The lack of reporting and standardised data collection. . MORE