5 Critical Capabilities for Supply Chain Managers in 2021

Cerasis

Several challenges loom large for supply chain managers as 2021 approaches for the transportation industry. The post 5 Critical Capabilities for Supply Chain Managers in 2021 appeared first on Transportation Management Company | Cerasis. Supply Chain supply chain manager

What is ABC Analysis?

SupplyPike

Learn about: What an ABC analysis is How you can implement it How Walmart uses it in its daily business. ABC analysis is based on “ The Pareto Principle ,” also known as the 80/20 rule. An ABC analysis helps you clearly assess this effort and also shows the importance of individual factors to the business. Implementing ABC Analysis. Zero in on the component for analysis and specify the success parameters. Make decisions based on an analysis of the categories.

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Lessons for COVID-19 and Supply Chain Management – Six Months Later

Arkieva

In this blog, we will not rehash this information, but to identify open issues in handling the current challenge of tackling COVID-19 and relate this to the challenge of managing supply chains.

Lessons for COVID-19 and Supply Chain Management Models

Arkieva

For those that work regularly in the supply chain or managing the demand-supply network (DSN) models are commonplace to help with similar questions. Lessons for COVID-19 and Supply Chain Management Models was first posted on April 29, 2020 at 9:50 am. ©2017 ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

Top 5 Barriers to Supply Chain Network Design Adoption and How to Overcome Them

Speaker: Brian Dooley, Director SC Navigator, AIMMS, and Paul van Nierop, Supply Chain Planning Specialist, AIMMS

Want to build your internal capability, reduce costs and make better decisions? It's easier than you think. This on-demand webinar shares research findings from Supply Chain Insights, including the top 5 obstacles that bog you down when trying to improve your network design efforts.

Supply Chain Leaders Rearranging Deck Chairs? Yes, I Think So.

Supply Chain Shaman

After finishing the Supply Chains to Admire report and the Youtube series (to be released this week), this is my feeling. What Is Supply Chain Excellence? The seven years of work on the Supply Chains to Admire is part of my quest to answer Keith’s question.

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.

The State of Supply Chain Trends Part IV: Data Analysis, Wearables, and the Cloud

Cerasis

Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. Meanwhile, cloud technology enables companies to expand infrastructure without significant investment or use of resources, reports AXIT of Supply Chain 24/7. Since the driver shortage only appears to be growing worse, keeping today’s drivers driving is essential to the success of the supply chain.

COVID-19 Data Analysis Basics – Taking the Mystery Out of Smoothing Daily Counts

Arkieva

COVID-19 Data Analysis Basics – Taking the Mystery Out of Smoothing Daily Counts was first posted on April 22, 2020 at 8:32 am. ©2017 ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only. We see graphs of COVID-19 events on a regular basis. One of the most common is a bar chart for daily new events (COVID-19 cases, hospitalizations, deaths).

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

At Supply Chain Insights , as we combed through over 9000 quantitative responses on supply chain management from business leaders to understand what drives supply chain excellence in preparation for the Supply Chain Insights Global Summit , in the process, we proved Hau Lee’s theorem in the Famous Harvard Business Review Article, “Triple A Supply Chains.” First, great supply chains are agile.

Automated Order Processing and Proactive Inventory Management

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

Organizations need to focus on demand driven supply planning, utilizing real time information on customer orders from all marketplaces (e-commence, Amazon - or other online retailers, and point of sale data from brick and mortar). Focusing on this information once per month during the S&OP meeting is too late for all business units to align. Companies should have seamless integration between order entry, inventory management, forecasting and supply planning models and purchase order status to sense risk, pull levers to mitigate potential risk, and communicate within and outside the organization. This is especially important for new product releases, in store programs or promotions (sales, end caps, PDQ. etc) or online promotions (company run or 3rd party). Depending on total supply chain lead time, not having real time visibility and analysis of this information can significantly affect sales and the bottom line.

Zara supply chain analysis - the secret behind Zara's retail success

TradeGecko

It's not unusual to pass a Zara store and do a double-take - didn't you just see that on the catwalk? As a brand, their speed and responsiveness to the latest fashion trends are key to Zara’s competitive advantage. Owned by the distribution group Inditex, we had a look at what makes Zara so fast that the New York Times called it "mind-spinningly supersonic ". Case studies Popular Posts

How Supply Chain Analysis Keeps Your Business on Top

PLS Logistics

Managing a supply chain is all fun and games until you bring efficiency and profitability into the mix. No matter how good the product is, a poorly-managed supply chain will give your business no chance at real success. Logistics Supply Chain Management Optimization Big Data Risk Management Suppliers

Supply Chain Challenges in Turbulent Times – The Importance of Preparedness and Responsiveness

Arkieva

The current COVID-19 situation highlight the supply chain management challenges in any turbulent time. Supply Chain Challenges in Turbulent Times – The Importance of Preparedness and Responsiveness was first posted on May 6, 2020 at 8:54 am. ©2017 ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

Predictive analysis: How it improves supply chain visibility

20Cube Logistics

Predictive analysis, today is part of all major business operations and processes to help forecast trends, events and to find solutions for complexities. With forecasting the future supply chain and logistics events, the companies can be in a competitive position and prevent any monetary loss. According to Forbes, predictive analysis is mandatory in logistics as it relies heavily on accuracy and timeliness to achieve success. Supply chain transparency.

A Framework for Supply Chain Leaders to Understand Supply Chain Analytics

Supply Chain Shaman

Had I been clear in the taxonomy of the recent supply chain analytics report?” In the 1990s when I was part of the software team at Manugistics, supply chain analytics was a synonym for reporting. We were just starting to think of supply chain planning as decision support. Today, when you say the term analytics, the thought in many supply chain leaders is still “reporting.”

Terrorism and Supply Chain: A Growing Threat of Supply Chain Terrorism

Cerasis

Terrorism is a reality that, unfortunately, requires our growing attention in the supply chain world. The British Standards Institution Supply Chain Services and Solutions publishes an annual report that analyzes global trouble spots for supply chain operations. This year’s report focused on the continual rise in terrorist attacks and how it will continue to affect the supply chain. Supply Chain

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. Much to my chagrin, when I entered into the world of supply chain, the processes of source, make and deliver were usually not designed. Figure 1: Definition of the Supply Chain Organization.

Five Reflections From Supply Chain Planning Benchmarking

Supply Chain Shaman

In my work with Supply Chain Insights , I immerse myself in learning. I continually question my long-held beliefs on supply chain excellence. . When readers finish a Supply Chain Shaman blog, I want to drive a set of unique takeaways. Today, I am going to share five insights that I have gleaned from our work on Supply Chain Planning Benchmarking. We then worked on the analysis. 5) Gaps between Supply Chain Leaders and Planners.

Don’t let incorrect design assumptions affect supply chain performance

Kinaxis

by Alexa Cheater Wouldn’t it be nice if your supply chain actually performed the way you designed it to? Supply chain perfection just got one step closer with the Self-Healing Supply Chain and its ability to improve supply chain design assumptions. Supply chains are complex and full of inter-dependencies. Machine learning is the new frontier of supply chain analysis, planning and design.

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. Data Analysis Enhances E-Commerce Forecasts and More Take a moment to consider what goes into managing e-commerce fulfillment.

Refining Analysis of M&A Impacts

Resilinc

supply chain risk management supply chain event monitoring supplier capacity risk Supply chain management supply chain event resiliency Merger & AcquisitionDownload the full 2018 annual report here.

Some COVID19 Data Analysis Basics – New Events, Cum Events, and Logarithms

Arkieva

Some COVID19 Data Analysis Basics – New Events, Cum Events, and Logarithms was first posted on April 14, 2020 at 8:03 am. ©2017 ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only. We see graphs of COVID-19 events on a regular basis these days. Two common ones are bar charts for daily new events (COVID-19 cases, hospitalizations, deaths) and the “sweeping curve” to capture a cumulative number of events.

Some COVID-19 Data Analysis Basics – New Events, Cum Events, and Logarithms

Arkieva

Some COVID-19 Data Analysis Basics – New Events, Cum Events, and Logarithms was first posted on April 14, 2020 at 8:03 am. ©2017 ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only. We see graphs of COVID-19 events on a regular basis these days. Two common ones are bar charts for daily new events (COVID-19 cases, hospitalizations, deaths) and the “sweeping curve” to capture a cumulative number of events.

Customer-Centric Supply Chains: Adding Clarity to the Muddle

Supply Chain Shaman

The topic was customer-centric supply chains. We started the morning by asking attendees to share their definition of a customer-centric supply chain. As I work with clients to help them refine supply chain strategies, I often find that many companies will use words like customer-centric, but will fail to define the term to make it actionable. Customer-Centric Supply Chain Definition. It was November. I was speaking at a client site.

What if there were no limitations to your what-if analysis? What would you simulate?

Kinaxis

by Lori Smith What if there were little, to no, limitations to the what-if analysis you could do? What if you could do scenario simulations for any function of your supply chain? Like many supply chain capabilities discussed in the industry, it is something touted by many, but not all what-if capabilities are created equal. Yet the value of what-if analysis is in the power to put the ability to do scenario simulations in the hands of many.

Supply Chain Risk: 6 Improvements You Need to Make Now

River Logic

Risk Analysis Risk Management COVID-19 supply chain risk Risk mitigationIn the context of COVID-19, the risk is not just limited to the possibility of death after contracting coronavirus, but also that the virus is so infectious. This means it spreads quickly, potentially overwhelming local medical resources, as well as causing economic disruption.

Supply Chain Management: A Content Analysis

SCM Research

2011): Supply chain management: A multidisciplinary content analysis of vertical relations between companies, 1997–2006. Particularly, the article confirms my suspicion that there is “shortage of studies conducted on the supply chain as a network of enterprises “ Instead, most research turns out to focus on a single enterprise or on the relationships of a single enterprise with its suppliers or customers.

Mourning the Death of the Data-Driven Supply Chain Guy

Supply Chain Shaman

As a great supply chain leader and my client for ten years, his energetic spirit always lifted my soul. He quickly replied and asked that I call him each week and talk supply chain. ” So, for two years, I called Joe each week to talk supply chain.

Data 218

An executive’s guide to AI in supply chain management

Kinaxis

by Alexa Cheater Faster, smarter, more profitable supply chain decisions. While there have been numerous examples of how AI can boost profits in supply chain execution—most notably in the form of autonomous vehicles and smart robotics—the benefits related to supply chain planning have largely been ignored. Emerging technologies and how they relate to supply chain planning. How are you exploring AI in supply chain planning?

Announcing the Supply Chains to Admire for 2019

Supply Chain Shaman

I feel that topic of supply chain management is analogous to the downward cycle of the news channels. What Drives Supply Chain Excellence? I analyze supply chain management. The broader the definition of end-to-end strategy and the alignment of supply chain processes drives value. Over the last month, I have been working on the 2019 Supply Chains to Admire analysis. The source data for the analysis comes from Ycharts.).

Digital transformation in the life sciences supply chain – show me the data

Kinaxis

by Bill DuBois The life sciences supply chain starts with a miracle. Everything we talk about in supply chain starts with discovering that product you can market and sell. Although getting a new drug to market has its unique challenges compared to the source, make and deliver part of the life sciences supply chain equation, there is one thing those of us in supply chain have in common with our R&D counterparts, we all need clean data.

Supply Chain Risk: 6 Improvements You Need to Make Now

River Logic

Risk Analysis Risk Management COVID-19 supply chain risk Risk mitigationIn the context of COVID-19, the risk is not just limited to the possibility of death after contracting coronavirus, but also that the virus is so infectious. This means it spreads quickly, potentially overwhelming local medical resources, as well as causing economic disruption.

Supply Chain Diagnostic: A Four-Step Process

Supply Chain Shaman

Lab work testing follows vital sign analysis. Time For A Supply Chain Check-Up? When a company contacts me to help them with their supply chain, the pain is usually a gap in customer service. They tend to have many pretty PowerPoint slide decks–full of acronyms, pretty pictures and E2E commitments–but they lack a common definition of supply chain excellence. To complete a supply chain diagnostic, I take these four steps: Step One.

Supply Chain Management – Autonomous is Far Away and Resiliency is Needed Now

Arkieva

Over the past few years, the chatter about the role of AI to “optimize” supply chain has been almost endless. Supply Chain Management – Autonomous is Far Away and Resiliency is Needed Now was first posted on June 24, 2020 at 9:35 am. ©2017 ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.