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Top 3 Supply Chain Planning Buzzwords

Kinaxis

When it comes to supply chains, certain words seem to be bandied about like the ball at a championship tennis match. Back and forth, over and over, these supply chain buzzwords seem to have an endless lifespan. But are they just creative marketing spin (after all, developing them is kind of part of the job), or is what they stand for actually making a difference in your supply chain planning?

The Coronavirus Is Shattering Traditional Supply Chains

ivalua

A March 11 analysis by trading platform Forex.com claimed that nearly 75% of all companies had already reported supply-chain disruptions, with more than 80% believing that at some point they would experience impacts as a result of COVID-19 disruptions. Without an intact supply chain, a manufacturing business will starve for key inputs into its production process. So, when its supply chain broke, the ripple effects came about quickly. Supply Chain

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Supply Chain Complexity and Technology

Enterra Insights

At least that is what Steve Dowse, Senior Vice President of Product Management at Blume Global, hopes will happen in the supply chain arena. Complexity across the manufacturing and retail landscapes has evolved to unprecedented levels and a breakdown in the supply chain is not an uncommon reason for failures.”[1] Technology in the supply chain. ” Following are some of the ways, technology is impacting supply chain operations.

Supply Chain Best Practices: Preparing for the Worst

Elementum

Supply chain disruptions are inevitable, whether resulting from natural disasters, technical failures, worker strikes, or other unforeseen incidents. And as supply chains have become increasingly diffuse over time, the likelihood that disruption in one region will have consequences that reverberate across the globe, is higher than ever before. What can supply chain managers do to ensure that action is taken quickly and efficiently when disruption strikes?

Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

Professionals in supply chain management use various methods to identify best practices to improve the operations. Analysis of case study is certainly one of the most popular methods for people from business management background. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

What is Supply chain costs? Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. Applying the total cost of ownership analysis to the supply chain implies identifying all direct, indirect, and other associated costs. Supply chain costs analysis.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

What is Supply chain costs? Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. Applying the total cost of ownership analysis to the supply chain implies identifying all direct, indirect, and other associated costs. Supply chain costs analysis.

This Week in Logistics News (August 3-7, 2015)

Talking Logistics

This was a relatively quiet week for supply chain and logistics news, which is typical for August, so let’s go straight to it: Macy’s expands same day delivery to 17 cities as it challenges Amazon ( Reuters ). Cargo Chief Cracks the Code on Transportation Capacity. Our ability to expand same-day delivery is rooted in local merchandise inventories at Macy’s stores, as well as a newly expanded delivery footprint of our partners at Deliv [emphasis mine].”.

Smart Supply Chains Adapt to Overcome COVID-19 Challenges

Logistics Bureau

Almost 75 percent of US companies are experiencing capacity shortfalls in their supply chains, due to Coronavirus-linked transport disruptions , a new study has shown. With some 5 million companies impacted by China’s supply chain woes, the picture is similar in other parts of the world. A study of the tactics employed by companies falling into category 2 may provide lessons in shrewd supply chain management that we could all learn from.

Supply Chain Best Practices: Preparing for the Worst

Elementum

Supply chain disruptions are inevitable, whether resulting from natural disasters, technical failures, worker strikes, or other unforeseen incidents. And as supply chains have become increasingly diffuse over time, the likelihood that disruption in one region will have consequences that reverberate across the globe, is higher than ever before. What can supply chain managers do to ensure that action is taken quickly and efficiently when disruption strikes?

Some Supply Chain Management Principles are Timeless

Enterra Insights

Today, there is a lot of talk about supply chain transformation and the emerging technologies driving that transformation. We need to remember there are some traditional supply chain principles that still apply — even in the Digital Age. Seven timeless supply chain principles. Supply and demand governs the marketplace. Rich Weissman reminds us that the first timeless principle is: Supply and demand still rule supply chains.[1]

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Supply Chain Sins, Fallacies, and Mistakes

Enterra Insights

In the supply chain arena, this tendency can have serious economic and reputational consequences. Doug Surrett, Chief Product Strategist for BluJay Solutions, insists, “Companies need to come clean and eliminate common supply chain offenses to deliver the greatest value to their customers.”[1] The Council of Supply Chain Management Professionals reports U.S. ” Surrett agrees with those sentiments as they apply to the supply chain.

24 supply chain experts & business leaders reveal the #1 challenge of supply chain management (and how to solve it)

6 River Systems

The COVID-19 pandemic made it abundantly clear that effective supply chain management is crucial to the success of a business. The pandemic crisis had global ramifications felt throughout the entire supply chain, from raw materials to finished products, and for many companies, building the resiliency needed to weather such storms has become the #1 challenge of supply chain management.

This Week in Logistics News (July 4-8, 2016)

Talking Logistics

It was a relatively quiet week for supply chain and logistics news, with robots and weak freight demand dominating the headlines. Air cargo firms feel the pressure from plunge in freight prices (Reuters). Honeywell To Acquire Intelligrated, A Leader In Supply Chain And Warehouse Automation Technologies. They pull data from both sides and communicate any surges in orders or depleted inventory.

Top 10 supply chain trends for 2020

Requis

It’s the decade we’ve decided to call the “Decade of Supply Chain”, because we truly feel that the next ten years will see supply chain take its rightful place at the heart of business organizations and at the heart of discussions about business optimization world wide. But in order for that to happen, supply chain needs much more visibility than it currently has. Executives— and investors— will be paying more attention to supply chain.

Expect the Unexpected: Planning Supply Chain Contingencies for Unpredictable Events

TMC

Expect the Unexpected: Planning Supply Chain Contingencies for Unpredictable Events.Connect. In previous posts , we’ve explored ways to prepare for supply chain disruptions that are predictable using the rich functionality of modern transportation management system (TMS) technology. The information can be captured as an incremental premium or contingency cost for future analysis. Risk Management Resilience Risk Supply Chain

Top Logistics Terms to Know—A Supply Chain Glossary

Zipline Logistics

Advanced Planning and Scheduling (APS) — Critical supply chain planning that also accounts for production schedules. Agile — The concept of having a flexible supply chain that allows for quick order fulfillment with short lead times and varying volume. Benchmark — In logistics, benchmarks refer to KPI thresholds set by an organization to measure supply chain performance. Cargo — Product carried during transportation.

What is Supply Chain Technology and Why is it Important?

CH Robinson Transportfolio

What is Supply Chain Technology and Why is it Important? With so many options and varying levels of service, understanding supply chain technology may seem overwhelming—especially if your organization is growing. By definition, supply chain technology refers to any digital equipment used to simplify supply chain processes for shippers and carriers. The importance of technology in supply chain management. Streamlined inventory.

US Spending Cuts to Create Issues for Freight Forwarders Through Cargo Processing Delays

BluJay Solutions

And the resulting delays in processing cargo imports are set to impact heavily on the logistics industry, with logistics services providers of all types affected, in particular freight forwarders. The CBP itself estimates the cutbacks could result in 5-6 hour delays for air cargo and up to 5 day delays in cargo examinations for ocean cargo in addition to delays for cargo screening through radiation portal monitors.

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Cloud Computing: Aspirin for Supply Chain Headaches

Murano Corporation

Common supply chain challenges faced by business today include order processing, fulfilment, and invoicing errors when dealing with customers and suppliers. Cloud computing is the perfect medicine to get rid of these supply chain headaches. Improved supply chain visibility and inventory turns means better operational efficiency. Spend analysis maturity model Ready to tackle rush orders?

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Use Air Freight to Meet Consumer Demands as Supply Chains Accelerate

CH Robinson Transportfolio

So while cost and quality are often viewed as the most important priorities for a company’s supply chain, delivery speed is quickly gaining in prominence. Only the most flexible supply chains can succeed in such an environment. Let’s think about the changes that consumers have had on supply chains recently. Reducing or eliminating inventory carrying costs, along with out of stocks using detailed analysis tactics had been the goal for many.

The 11 Transportation Service Offerings

The Logistics of Logistics

Transportation Service Offering 2 – Air Cargo. Air transportation is used to transport air cargo by plane. Air cargo or air transport is a vital component of many international logistics networks. Air transport involves integration of information, transportation, inventory, warehousing, material handling, and packaging. There are many different types of cargo that are moved in various types of ships. Rail transport utilizes freight trains to haul cargo.

Use Air Freight to Meet Consumer Demands as Supply Chains Accelerate

CH Robinson Transportfolio

So while cost and quality are often viewed as the most important priorities for a company’s supply chain, delivery speed is quickly gaining in prominence. Only the most flexible supply chains can succeed in such an environment. Let’s think about the changes that consumers have had on supply chains recently. Reducing or eliminating inventory carrying costs, along with out of stocks using detailed analysis tactics had been the goal for many.

Cross Functional Planning as a Way of (Business) Life

BlueYonder

That means supply chain planning, and the global visibility and execution that goes with it, must now be a way of life, not an occasional event. As a salute to the 50 th anniversary of Apollo 11, let’s compare supply chain planning to that moon launch. But isn’t this, in fact, how your supply chain planning is done? It’s not just about communicating requirements, e.g. “I need X-amount of inventory at these locations by this date.”

Can Co-opetition Save your Company?

Elementum

We take a closer look into co-opetition as a survival tactic and how it is becoming crucial to managing your supply chain, and inseparably, your business. Underestimating Apple and the early iPhone, Blackberry didn’t see the need to cooperate with the right OS developers to create an easy-to-use app store and enough third-party programs to fill their inventory. Analysis

Top 5 Tips To Optimize Your Warehouse Storage System

Cerasis

We know that you are also the victim of the ‘ Warehouse Disease’ , i.e. even after regularly organizing your warehouse, it turns messy the minute you receive or ship some cargos. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Use Automatic Data Collection and Cargo Handling. If data collection is automated, the possibility of everything going haywire is minimized, and same is the case with cargo handling.

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Cross Functional Planning as a Way of (Business) Life

BlueYonder

That means supply chain planning, and the global visibility and execution that goes with it, must now be a way of life, not an occasional event. As a salute to the 50 th anniversary of Apollo 11, let’s compare supply chain planning to that moon launch. But isn’t this, in fact, how your supply chain planning is done? It’s not just about communicating requirements, e.g. “I need X-amount of inventory at these locations by this date.”

Cross Functional Planning as a Way of (Business) Life

BlueYonder

That means supply chain planning, and the global visibility and execution that goes with it, must now be a way of life, not an occasional event. As a salute to the 50 th anniversary of Apollo 11, let’s compare supply chain planning to that moon launch. But isn’t this, in fact, how your supply chain planning is done? It’s not just about communicating requirements, e.g. “I need X-amount of inventory at these locations by this date.”

Make Freight Sourcing More Efficient!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. Whether you are a BCO (Beneficial Cargo Owner), Freight Forwarder or NVOCC it is essential that you get this critical component right. The team also needs to understand the characteristics and nature of the cargo. How much of inventory levels have to be maintained. Subscribe Here!

This Week in Logistics News (January 4-8, 2016)

Talking Logistics

In the meantime, here’s the supply chain and logistics news that caught my attention this week: EU Approves FedEx Acquisition of TNT Express ( WSJ – sub. LoJack SCI and TransVoyant Partner to Deliver Supply Chain Risk Alerting. According to the press release: Information presented via [the Supply Chain Information Sharing and Analysis Center] is powered by TransVoyant’s CDI™ Platform.

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3PL Basics: The 11 Transportation Services with Jeremy Thone

The Logistics of Logistics

Transportation Service #2 – Air Cargo. Air transportation is used to transport air cargo by plane. Air cargo or air transport is a vital component of many international logistics networks. There are many different types of cargo that are moved in various types of ships.

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Global Vendor Management: What It Is & Why It’s Essential for Your Shipping Strategy

CH Robinson Transportfolio

come in, the provider calculates the dates for cargo to be picked up and continues to verify as the delivery dates approach. Reroute freight to account for increased demand or last minute outages within the supply chain. That means the company never handles the shipments, or has to put them into inventory or reship the freight. Use a global technology platform in combination with supply chain consulting for the best results.

This Week in Logistics News (May 7-11, 2018)

Talking Logistics

My wife often jokes that she is the VP of Supply Chain and Logistics in our family. Whether it’s preventing out-of-stocks of critical household items or making sure the kids are delivered on time in full to wherever they need to be, she keeps our supply chain running as efficiently as possible — while doing her day job too! De Beers tracks diamonds through supply chain using blockchain (Reuters).

Don’t Wait for Dwell Time to Delay Your Freight

TMC

Dwell time—the amount of time a container remains parked in a marine terminal waiting to be picked up after it’s been offloaded from a vessel—is a drag on supply chain efficiency, especially when it becomes excessive. Rising container volumes, fluctuations in demand, and the constant need for just in time inventory have increased the impact of dwell time over recent years. Global TMS Technology Global Trade Supply Chain Management

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RFID: The Key to Improving Visibility

20Cube Logistics

Technology is fast evolving and so is its adoption by vast industries like supply chain where it is been used more creatively and expansively. RFID (Radio Frequency Identification) is one such innovation which is widely used in Supply Chain and Logistics as it’s efficient and saves time. In the supply chain, this new technology helps automatically identify objects, read the data and enter it directly into a database with little or no human interference.

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