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Catastrophic Impacts of COVID19 in Bangladesh Apparel Supply Chain

NC State SCRC

An article written by my former PhD student, Rejaul Hasan, and I just came out this week in Contracting Excellence , the journal published by IACCM, which documents the catastrophe that is unfolding in Bangladesh, one of the world’s major exporters of garments for the apparel sector. But in Bangladesh, 90% of the jobs come from the apparel sector where workers rely on daily wages and now their lives have stopped!

COVID-19: Implications on inventory planning, sourcing and procurement

EFT

It has been a huge challenge to understand what is changing moment-to-moment, let alone predicting what will happen, so eft by Reuters sat down in a webinar with experts working at the coalface of inventory planning and distribution to understand what can be done to survive and thrive. Alexander Wheeler, Target’s Senior Director, Food Supply Chain reinforced that garments and footwear are way down on the year. What we’ve seen is a huge deterioration in the apparel sectors.

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Podcast: VC Brian Aoaeh on the Future of Supply Chain Investment

Requis

Venture capital (VC) investor, columnist and educator Brian Aoaeh is part of the new generation of investors who are unlocking the opportunities in supply chain. Steeped in the investment world since 2008, Brian decided very early on to focus on supply chain and operations investment. Supply Chain Next · 013 – Brian Aoaeh, CFA. It was during that process that I honed in on supply chain. Let’s talk about why supply chain, and why now.

Why investors are looking at supply chain technologies in 2020

Requis

Since the coronavirus pandemic took hold earlier in 2020, supply chain has become a household word. Investors, like the public, have woken up to the fact that supply chains are the engine driving economic prosperity. Supply chain, it seems, is ripe for disruption.

2020 Requires Big Wings and Feet

Supply Chain Shaman

After the Supply Chain Insights Global Summit , I took the time to recharge and took a month off from writing. The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. The focus is on the role of supply chain finance in driving supply chain excellence. They are attempting to learn the supply chain; but to most, it is an enigma. The supply chain is a complex non-linear system.

Top 25 Supply Chains of 2018

Material Handling and Logistics

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. Debuting at # 24 is footwear and apparel company Adidas (arch-rival Nike has been a Top 25 mainstay for years). billion over the next five years to overhaul its supply chain.

Risk v Rewards - Making the Right Decisions in Global Supply Chain Planning

Logility

The last twenty years have seen amazing expansions in global supply chains. On the supply side, companies began looking for lower-cost sources from different geographies. Whether it was the US going to Asia or the EU going to Africa or the Eastern European countries to procure lower cost components, this concerted effort created a coordination challenge across a vastly extended supply network. How could the supply chain become demand-driven?

Risk v Rewards - Making the Right Decisions in Global Supply Chain Planning

Logility

The last twenty years have seen amazing expansions in global supply chains. On the supply side, companies began looking for lower-cost sources from different geographies. Whether it was the US going to Asia or the EU going to Africa or the Eastern European countries to procure lower cost components, this concerted effort created a coordination challenge across a vastly extended supply network. How could the supply chain become demand-driven?

How Europe is Coping with Supply Chain Disruption

Jaggaer

Can the complex global supply network survive the COVID-19 pandemic? Define your procurement response strategy. In the retail sector, supermarkets in many countries have seen their highest weekly sales ever, as consumers stock up on goods that they fear may be in short supply. This is perhaps an extreme example, but it highlights how COVID-19 is causing severe disruptions to supply chains. Coronavirus will lead to permanent changes in global supply chains.”.

Taking the Hill

Supply Chain Shaman

We believe that supply chain excellence helps a company to better balance demand and supply. We also believe that it helps companies to be more resilient: weathering demand and supply volatility while maximizing opportunities and mitigating risks. We believe that supply chain excellence matters and is important to improving financial market performance. What does the future of supply chain excellence look like?”

4 Best-in-Class Supply Chains To Watch and Learn From

Logistics Bureau

While I’m a firm believer that innovation, not emulation, is the way forward for any company wishing to differentiate through its supply chain, I also believe that reinventing the wheel is something to be avoided if possible. What I mean by this is that there’s no harm in observing companies with best-in-class supply chains , noting the processes, practices, and initiatives that serve them best and adopting them in a way that fits your own enterprise.

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

The world of supply chain and logistics is changing every day. Each one is featured as having done something unique to reinvent their supply chain and logistics. In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it. For discount retailers like Burlington, the supply chain is often a competitive advantage — and thus a secret recipe for success.

Let the Qs Begin

Supply Chain Shaman

Last week was the Supply Chain Insights Global Summit. 110 supply chain leaders attended. In preparation for the summit, we readied the final report of the work on translating balance sheet results into a methodology to judge Supply Chain Excellence. This report, Supply Chains to Admire , compares the progress of 200 companies within their respective peer groups on both performance and improvement. Supply Chain Design.

The COVID-19 outbreak: How to Realize Value From a Crisis?

DynaSys

The confinement measures taken by many countries are causing demand and supply shocks. It’s clear that the outbreak is –and will be- a major disruption of the supply chain. But disruptions in the supply chain are not new. Supply chain resilience to unforeseen events is a core competence and a business differentiator. Sales not met during the crisis may be postponed later (for instance, Home Repair/Renovation Products, Shoes & Apparel…).

Supply Chain Management:The Learning from the 2012 Holiday.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape. Supply Chain Management.

Don’t Underestimate the Importance of Scope 3 Targets

EHS Sustainability Knowledge at Work

According to the CDP’s latest Supply Chain report , the emissions located in the supply chain are on average four times as high as those from direct operations. Scope 3 emissions – that is, indirect upstream and downstream emissions that occur in the value chain – are increasingly important in being tracked and monitored. But there are opportunities to be had by reducing supply chain-based emissions.

Podcast: Rob Handfield on Suppliers, Data, Tech, and Talent

Requis

Rob Handfield has over 30 years of experience in supply chain as an educator, researcher, consultant, and author. He is the Bank of America Distinguished Professor of Operations and Supply Chain Management at NC State University, and is a prolific author of articles and books, most recently The LIVING Supply Chain (co-authored with Tom Linton). Supply Chain Next · 010 – Rob Handfield. Basically, Flex runs supply chains.

Supply Chain Management:The Role of Information Sharing in.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape. Supply Chain Management.

Supply Chain Management:Mapping Your Way To Faster Shopping

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape. Supply Chain Management.

America First: How a New Slew of Trade Policies Will Impact Supply Chain

Elementum

According to a report by the Institute for Supply Management, factory owners are increasingly concerned about how new trade restrictions levied by the Trump Administration will affect them. We’re taking a look at what the new tariffs mean for supply chain, and how businesses can protect their interests. China, producer of half the world’s steel supply, was levied with an additional tariff on over $60 billion worth of imports. How will supply chains be impacted?

America First: How a New Slew of Trade Policies Will Impact Supply Chain

Elementum

According to a report by the Institute for Supply Management, factory owners are increasingly concerned about how new trade restrictions levied by the Trump Administration will affect them. We’re taking a look at what the new tariffs mean for supply chain, and how businesses can protect their interests. China, producer of half the world’s steel supply, was levied with an additional tariff on over $60 billion worth of imports. How will supply chains be impacted?

Innovate or Die: How’s Your eCommerce Strategy?

FLEXE

In 2005, department stores alone sold $60 billion in apparel; in 2015, it was half with nearly $28 billion shifting to online retailers like Amazon. Your Supply Chain: Differentiator or Weakest Link? Clearly, for eCommerce retailers, customer attrition can have as much to do with the supply chain as it does the quality of the product. The supply chain is no different. Cut transportation costs by positioning inventory closer to customers.

Bio-based Products Future is Promising, but Hurdles Exist

Supply Chain View from the Field

As an industry, companies would benefit by following the lead of other sectors such as the apparel and footwear industry, which realized that there was intrinsic value by pulling resources together to address sector-specific issues such as LCA data and protocols. The global apparel sector’s effort resulted in the development of the Higg Index, a universally accepted LCA tool and life cycle inventory database. Biobased Products Local Food Systems Supply Chain Management

Bad Retail is Dead — Long Live Retail

Enterra Insights

Think department stores and specialty retailers, especially those selling apparel.) 5] He notes, “Retail chains understand the biggest advantage e-commerce retailers have is their ability to collect and leverage insights into consumer behaviors gained by technological innovations like big data.” For businesses, this means that an efficient supply chain with a well-managed inventory tracking system is essential. Retail and the digital supply chain.

Retail 100

Will "Profitable To Promise" be Viable In Retail Industry - Infosys Blogs

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape. 2.Demand should exceed supply.