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Dealing With The Supply Chain Gloppy Mess

Supply Chain Shaman

For the first in seven years, I was not heads-down preparing for The Supply Chain Insights Global Summit. Pre-pandemic only 30% of supply chain leaders were satisfied with their supply chains, and during the pandemic, business leader satisfaction is falling precipitously.

Vendor Managed Inventory Model for Supply Chain Cost Reductions

Cerasis

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. You can employ countless number of supply chain service providers who will help realized these cost reductions throughout the entire supply chain. The distributor maintains the inventory plan.

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Is Inventory Waste or an Asset?

Supply Chain Shaman

Next week is the annual Supply Chain Insights Global Summit , and summit preparation is on my agenda for the weekend. We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.” Inventory is both.

Managing E-Commerce Fulfillment Spikes With Data Analysis

Cerasis

This creates a major problem for managing e-commerce fulfillment when orders spike and shippers need to understand how data analysis may help. This implies a need to gain greater accountability and efficiency throughout the entire supply chain. Lackluster insight into freight spend and poor freight management controls. Data Analysis Enhances E-Commerce Forecasts and More Take a moment to consider what goes into managing e-commerce fulfillment.

Wanted: Supply Chain Architects!

Supply Chain Shaman

Manufacturing is the foundation of my interest in supply chain management. Supply Chain and Design. This was the beginning of my journey from manufacturing to understanding larger supply chain concepts. I knew nothing about the world of logistics, inventory management and order optimization. Much to my chagrin, when I entered into the world of supply chain, the processes of source, make and deliver were usually not designed.

Lean Inventory: Using Lean Initiatives To Manage Inventory

Cerasis

What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve efficiency and increase profits. What is Lean Inventory Management? Pull (Lean principle: Kanban) : Move inventory only when requested by customer. Supply Chain lean inventor

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Digital Twinning of Supply Chains!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! This Digital Twinning of Supply Chains article focuses on transformative ideation of transport & logistics value chains.

Strong Supply Chains Required For an Economic Rebound: Six Steps To Take

Supply Chain Shaman

My last post on the Supply Chain Shaman blog was forty-five days ago. Then it was the redefinition of the supply chain for the global shutdowns Sick with the virus; I spent my energies writing and moderating podcasts. I firmly believe that the rebound of the economy requires strong supply chains, but to make this happen, we need to turn our backs on historic practices and innovate new ways of working. Let’s learn and apply it to supply chain management.

Inventory Management

LeanCor

I propose three strategies that should get us closer to the goal, but require operational commitment of our supply chain and our company culture as a whole. Inventory management, network infrastructure, and labor deployment are all critical components necessary to meet this intense customer demand. Inventory Management Strategy. This requires us to push the boundaries of current inventory management practices, or hold lots of inventory network-wide.

How to Get a Job in the Supply Chain Sector

Logistics Bureau

So, you are thinking about a career in supply chain? While this article is intended as an evergreen resource, to help you navigate in your search for a supply chain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality.

Supply Chain Consulting

LeanCor

Supply Chain Consulting: Distribution Network Design Case Study. A global life sciences company was challenged with high freight costs, high inventory levels and complex processes, delays due to over-processing, and overall lack of delivery consistency. The client turned to LeanCor to conduct a supply chain consulting project that developed an optimized logistics network. Total logistics distribution cost model and logistics network analysis.

Supply Chain Efficiency Critical for Healthcare Shippers

Zipline Logistics

Supply chain efficiency is essential for organizations across all segments, but this competency is especially crucial for healthcare shippers. One of the most beneficial ways for shippers to uncover efficiencies is to evaluate their supply chains and make incremental improvements.

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. And even if an order from an overseas supplier were to be filled, delivery issues would be compounded by the declining number of air and ocean freight options to move products into the U.S. Supply Chain

Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. What is Supply Chain Management (SCM)? When I started my career the term “Supply Chain” had just been coined. As such it was many years before I actually heard of the term “Supply Chain Management” Regardless I pursued my interests and took on an increasingly diverse set of progressive jobs as time went on. What Makes Supply Chain Special? Subscribe Here!

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Visibility in Transportation Management Leads to Supply Chain Excellence

Talking Logistics

With visibility as the key driver for an effective supply chain improvement strategy, businesses today must rely on building collaborative relationships in their extended supply chains to gain visibility from end-to-end. And as supply chains continue to grow, diversify and become increasingly global, total insight, oversight and foresight will become increasingly critical. Freight Cost Management eliminates post-audits and disputes.

Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020

The Logistics & Supply Chain Management Society

“Managing supply chain 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 supply chain management is a rapidly evolving field.

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9 Steps to Establish the Lean Supply Chain: A System of Interconnected & Interdependent Partners

Cerasis

Top management knows that lean can add value , but many still haven’t moved past the initial education stage into full-scale lean supply chain implementation. The Lean Supply Chain is a system of interconnected and interdependent partners that operate in unison to accomplish supply chain objectives. There should be metrics involved to monitor these objectives to ensure success across the supply chain. This sets the supply chain pace.

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10 COVID-19 Lessons for a Resilient Supply Chain

DynaSys

A Three Part Article Series from QAD DynaSys – COVID-19 and Resilient Supply Chain. In this series, discover how the COVID-19 pandemic gave us the keys to build a resilient supply chain and add value to our Supply Chain.

Make Freight Sourcing More Efficient!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Do You Have Hidden Freight Costs? Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. 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 (Internet of Things) IOT Supply Chain Benefits Now Coming Clearer

Cerasis

The Internet of Things (IoT) seems to be popping up in more conversations throughout the entire supply chain , and more businesses have turned towards IoT experts for guidance on how to take advantage of its benefits. Ultimately, the IoT Supply Chain will enable greater accuracy and identification of potential issues throughout supply chain processes. The IoT Supply Chain and Shipping Processes. The supply chain will adore the IoT.

Reimagine Supply Chain of the Future – agile, resilient, and balanced – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Reimagine Supply Chain of the future: There are many facets to imagining Supply Chain of Future. What are the learnings from Covid disaster that leaders will incorporate into future supply chains? Let us study major highlights of Supply Chains of the future.

Supply Chain Analysis: Your Profitability and the Cost of Oil

AFFLINK

Fluctuating oil prices are proving to be a substantial challenge among businesses in terms of planning their supply chain strategies. Benchmark oil prices have been experiencing a downward trajectory in the last couple of years, thanks to the shale gas revolution in the United States as well as the OPEC-initiated strategy to maintain a certain production level in order to force out high-cost supplies.

How Machine Learning Is Redefining Supply Chain Management

IQMS

Bottom line: Machine learning makes it possible to discover patterns in supply chain management data by relying on algorithms that quickly pinpoint the most influential factors to a supply networks’ success, while constantly learning in the process. Discovering new patterns in supply chain data has the potential to revolutionize any business. New knowledge and insights from machine learning are revolutionizing supply chain management as a result.

Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

We just finished hosting over 150 executives at our Supply Chain Resource Cooperative, with a theme on Supply Chain Analytics. As 2013 comes to a close, here are some of my thoughts regarding the supply chain trends we are likely to see emerge in 2014. Here is what I expect to see next year: Global supply chain footprints will continue to expand. Increased Globalization Brings Increased Risks of Supply Disruption.

Stories of Supply Chain Leadership: An Interview with Joan Motsinger of Seagate

Supply Chain Shaman

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. One of our goals is to capture and share the stories of supply chain leaders. Performance of High Tech and Electronics Supply Chains for the Periods of 2006-2013 and 2009-2013.

Inventory Optimization 101 – Smart & Effective Inventory Management

ThroughPut

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory.

Inventory Optimization 101 – Smart & Effective Inventory Management

ThroughPut

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory.

4 Best Ways Manufacturers Can Perfect Their Supply Chain

USC Consulting Group

Yet with COVID-19 and product shortages still a reality, some manufacturers are wondering what they can do to improve their supply chain resiliency to prepare for present and future disruption. In a separate poll conducted by the ISM, purchasing managers at some of the largest manufacturing companies expressed ongoing unease about future shocks to their supply chain while they scramble to remedy current shortages. No supply chain is perfect.

5 Ways Temperature Controlled Shippers Can Boost Supply Chain Efficiency

CH Robinson Transportfolio

The increased need for adaptability and agility sums up what nearly everyone is feeling these days—this is particularly true for companies shipping temperature sensitive freight when timing is critical. Adapt to changing conditions through supply chain efficiency.

Vendor-managed inventory and distribution planning in the food and beverage industry – here’s something to chew on

Kinaxis

Food for thought: Time for a different kind of supply chain. Continued economic growth, customer preferences (especially those of the millennial generation), the rise of ecommerce and the Amazon channel, increased product choices and newer product categories in the marketplace are all driving the need for efficient and effective supply chain networks to support customer demand. What is vendor-managed inventory? Maintaining optimum inventory levels.

Managing E-Commerce Fulfillment Spikes With Data Analysis

Veridian Solutions

This creates a major problem for managing e-commerce fulfillment when orders spike and shippers need to understand how data analysis may help. This implies a need to gain greater accountability and efficiency throughout the entire supply chain. Lackluster insight into freight spend and poor freight management controls. Data Analysis Enhances E-Commerce Forecasts and More Take a moment to consider what goes into managing e-commerce fulfillment.

Staying Ahead of Supply Chain Paradigms – LogiSYM September 2020

The Logistics & Supply Chain Management Society

What are areas that are relevant to supply chains where new paradigms are possible? Covid-19 has demonstrated the power of integrated, intelligent and interactive supply chain networks. Companies can create digital supply chains and digital supply chain services, and, hence, advantage. Today’s supply chains are complex networks geared towards highest efficiency and the production of highly sophisticated products.

Is it time to integrate your supply chain design with execution?

JDA software

It wasn’t that long ago that integrating all the strategic, operational and tactical aspects of your end-to-end supply chain was considered a pipe dream. Today, a company’s success is largely driven by: its network design and how that company manages its supply, production and distribution locations. its inventory management and where and how well it deploys inventory to optimize customer service levels and profitability. Inventory management.

Improving inventory management

EFT

It’s no secret that supply chains have struggled in recent months. Factory closures, blank sailings, massive cuts to air freight, reduced warehouse capacity and more have hit business-as-usual and often turned carefully calibrated chains on their head.

How Resilient is Your Global Supply Chain?

3rdwave

Almost since 1982 when Keith Oliver coined the term supply chain, analysts, reporters, academics, and consultants have written about supply chain resiliency. For an equal amount of time, the global trading community has largely ignored the issue and not invested in solutions designed to dramatically increase a company’s supply chain resiliency, flexibility, and agility. The resiliency of its global supply chains are going to be stress tested.