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Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption

Gravity Supply Chain

Sourcing: Mitigate risk during periods of supply chain disruption, such as those caused by the Coronavirus outbreak, by using digital technology. . The post Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption appeared first on Gravity Supply Chain.

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.

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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.

7 Rules of Fashion Supply Chain Management

Supply Chain Opz

Fashion industry is one of the most primitive form of supply chain management and its practices have been extended, adopted and become the best practices that we use today. In 1984, US Apparel Industry created the task force called " Crafted With Pride in the U.S.A. One year later "Kurt Salmon Associates" was assigned to investigate the whole apparel supply chain.

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. Also, for whatever reason, Gartner limits the scope of the Top 25 to companies in the manufacturing, retail or distribution sectors.

So Your Supply Chain is Banning Bangladesh….and Going to Cambodia?: “The Ugliest Race to the Bottom”

Supply Chain View from the Field

In our ongoing discussion of labor and human rights violations in the supply chain, we’ve discussed in prior posts the problems that occurred in Bangladesh resulting in over 700 dead. Companies like Nike and Disney have publicly stated that they are not going to Bangladesh for apparel sourcing in the future. This is nothing short of slave labor, and apparel companies are going to have to come together as a group and drive community-based changes.

Managing supply chains in a fragile environment

Supply Chain View from the Field

A major provider of apparel is seeking to bypass 3PL in the hopes of taking out costs, but are in fact being bypassed themselves by the retailer. A large global manufacturing company has frozen their travel budgets due to concerns over revenue. For supply chain executives, there is a need to recognize that this may indeed be the new normal. You work with the supplier to take out leadtime in the supply chain and reduce working capital.

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

EFT

For Pedro Paiva, Operations Director, EMEA for major footwear manufacturer Alpargatas, which owns the Havianas brand, they “Estimate that we will lose between 30% and 50% of sales this year.”. 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. says Harshad Kavinde, Strategy and Supply Chain Leader, Slalom Consulting.

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. She predicted that shoppers would see more restricted ranges on supermarket shelves “to allow more throughput from suppliers and manufacturers of food”.

Do markets reward sustainable supply chains? The forces of social capital may change the rules…

Supply Chain View from the Field

It seems that companies who seek to identify problems and issues in their supply chain, and who intend to do the right thing, are not always rewarded by the markets for doing so. In the series of sustainable supply chain assessments we’ve completed this year, our student teams assessed the extent to which codes of conduct were measured, audited, and rewarded/penalized by companies seeking to drive improved sustainable performance down the supply chain.

Why a Cashmere Sweater Can Cost $2,000 — or $30

Supply Chain Brain

The price depends on the quality of the yarn, where the garment was manufactured, the number of units purchased by the brand, and the markup. These days, manufacturers frequently make the clothes out of a mix of lengths to balance quality with cost. Quality & Metrics SC Analysis & Consulting Global Supply Chain Management Apparel Retail All Technology Sourcing/Procurement/SRM Home Page Latest News Home Page Slider Featured Content

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?

Seasoned Leadership in Action™ – An Interview with Danny Wang, VP at Canada Goose!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Hey Procurement! At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. This interview is with Danny Wang, Vice President of Sourcing and Procurement at Canada Goose. We worked in the Commodity Management organization, responsible for Strategic Sourcing and Procurement. leadershipadvice #canadagoose #procurement.

Augmented Reality (AR) is Set to Transform Retail and the Supply Chain!

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Check out The Digital Supply Chain (SC 4.0) The closure of a number of major American chains, as well as Amazon’s recent move into the grocery space with its acquisition of Whole Foods market, signal an industry in flux as it reckons with the ongoing transformations of the eCommerce revolution. Check out Industry 4.0 – Smart Manufacturing of the Future!

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 addition to cutting the need for outsourced manufacturing, this move could give the company a leg up on the competition by making it possible to get products in the hands of consumers faster. Additionally, the company’s manufacturing expertise will enable the reduction of production costs.

Bangladesh Working Conditions: A Human Rights Issue? Or a Supplier Capacity Issue?

Supply Chain View from the Field

A recent discussion with supply chain executives in the apparel industry reveal that the problem is a tricky one to solve – and may be a function of other decisions being made by apparel manufacturers that have nothing to do with labor human rights in the supply chain. Better supply chain capacity planning, supply and demand management, and improved collaborative forecasting is the real culprit.

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.

Bristlecone Flash – May 2020

Bristlecone

Bristlecone has introduced several new fixed-price, fixed-scope offerings for SAP products across supply chain planning, procurement and execution. Bristlecone SCCNOW – Delivers flexible program and leverages extensive portfolio of pre-configurations, ready-to-use templates and training materials to get up and running on SAP Ariba Supply Chain Collaboration quickly. EXECUTIVE INSIGHT: CREATING A RESILIENT SUPPLY CHAIN. “I SUPPLY CHAIN WAR ROOM.

The drive for a New Wave of Easy-to-use Procurement Products

Claritum

Claritum Article - Procurement Blog. As featured in the ‘ The 10 Most Innovative Procurement Solution Providers ’ article published in the September 2017 Insights Success Magazine , Claritum discuss the drive for a New Wave of Easy-to-use Procurement Products…. Procurement of relatively low cost, unpredictable products and services is still highly manual, inefficient, and error prone.

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…).

What I Have Learned Teaching Courses on Market-Driven Value Networks

Supply Chain Shaman

One of the favorite parts of my job is teaching classes on how to take supply chain concepts to the next level to improve corporate performance. I love helping people to see supply chain concepts differently. Both move the supply chain design from inside-out to outside-in. Traditional supply chains respond, but they do not sense. These legacy processes amplify and distort market signals putting the supply chain on the “back foot.”

Course 191

600 Dead in Bangladesh: Is there a soul to the enterprise?

Supply Chain View from the Field

Demonstrators are protesting apparel offices (such as Gap’s offices in San Francisco) to demand better working conditions in Bangladesh factories. This is a difficult set of decisions for apparel companies. Some, like Disney and Nike, have announced that they simply won’t buy any apparel produced in Bangladesh. The garment manufacturers ordered other workers to go in.

Supply Chain Management:The Learning from the 2012 Holiday.

Infosys Supply Chain Management

Industrial Manufacturing. 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.

2012: California Transparency in Supply Chains Act comes into effect

EcoVadis

The Act was originally adopted by the State of California in 2010 and it requires impacted companies to disclose their efforts, if any, to ensure their direct supply chains are free from slave labor and human trafficking. Subsequently the American company took comprehensive measures to prevent such issues, including extensive supply chain tracking and awareness raising, but the company image and reputation had undoubtedly been damaged by this case. HUMAN TRAFFICKING.

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.

Transparency is the new Sustainability

NC State SCRC

The focus on corporate sustainability often calls for companies to increase transparency in all aspects of an organization’s operations, and much more so in the supply chain. Apparel and electronics companies that source all of their products from factories in emerging countries are especially targeted for allegedly hiring contractors that push the boundaries of human rights labor laws. We have to be transparent to be clear about what is going on in our supply chains.

Analyzing Product Costs: A Question of ‘What If’

Supply Chain Brain

Take the relatively simple task of determining the true cost of a piece of apparel or other manufactured retail item. It’s essential that manufacturers be able to analyze cost at extremely low levels of granularity, Welch notes. All Technology Big Data/IOT Forecasting & Demand Planning Product Lifecycle Management SC Planning & Optimization Sourcing/Procurement/SRM Supply Chain Visibility Home Page Latest News Home Page Slider Editors' Blog

Supply Chain Management:The Role of Information Sharing in.

Infosys Supply Chain Management

Industrial Manufacturing. 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.

Global Sourcing and Human Rights Go Hand in Hand

NC State SCRC

Low-cost country (LCC) sourcing is now a commonplace strategy for shrinking bottom line labor and material costs in most consumer products industries, including apparel, footwear, toys, and other manufactured products. However, our research suggests that most organizations do very little to truly monitor human rights violations in their low-cost country supply chain manufacturing locations.

Supply Chain Management:Mapping Your Way To Faster Shopping

Infosys Supply Chain Management

Industrial Manufacturing. 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.

Bristlecone Flash – February 2019

Bristlecone

AMERICAN CORPORATE APPAREL COMPANY SELECTS BRISTLECONE. In January, Bristlecone kicked off an end-to-end supply chain assessment and diagnostic project for a provider of corporate apparel and business services. This is the first in a multi-phase SAP project aimed at transforming the client’s supply chain environment to increase order fill rates and reduce lost revenue. 9-11, at MIT, and be part of the community shaping the future of supply chains.

If you can measure it then you can manage it

Claritum

Claritum Article - Procurement Blog. If you can measure it then you can manage it” This statement is so true in the procurement field. Procurement is fundamentally in the intelligence business, and since information is at the core of intelligent decision making, you need to be really good at efficiently gathering and transforming data into information. Knowledge of part of this chain is not sufficient. Uniforms and Apparel. Articles Procurement Analytics