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. Companies are drowning in data and short on insights. Food and beverage companies are experiencing double-digit demand. Supply is the challenge.

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

” Here is an excerpt from the article: “…it isn’t by becoming more efficient that the supply chains of Wal-Mart, Dell, and Amazon have given those companies an edge over their competitors. First, great supply chains are agile.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Is the industrialized world overly dependent on sourcing from Chinese?

All Things Supply Chain

As Sophie Kersgens wrote for ATSC earlier this month, “As the world’s leading exporter and one of the fastest growing economies, China is a decisive business factor for companies all… General Supply Chain Management automotive supply chain coronavirus supply chain management supply chain sourcing

Rising Above Supply Chain Disruptions

DELMIA Quintiq

Companies are now evaluating alternatives to ensure they are better prepared in the future. What they need is a supply chain solution that will enable them to stay on top of problems, minimize damage and stay ahead of competitors. Typically, companies face two kinds of risks: Everyday risks and exceptional risks. It is a necessary part of supply chain risk management. But what are the characteristics of a resilient supply chain?

CIO: Here's Why Analytics is Eating the Supply Chain

Life science companies are adopting innovative cloud technology to provide a single source of truth for end-to-end supply chain decision-making

If Multi-sourcing is a Best Practice, Why Are so Few Companies Doing It?

Logistics Viewpoints

Because of the pandemic, risk management surrounding sourcing has become top of mind. Companies need to ensure they have alternate sources of supply that can ramp up to the volumes needed. This best practice urges companies to examine not just the cost of the sourced products, but also to understand the risks associated with not multi-sourcing key components. The post If Multi-sourcing is a Best Practice, Why Are so Few Companies Doing It?

Supply Chain 2030: Forge a New Path

Supply Chain Shaman

The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning. Today only 12% of supply chain teams are driving improvement, performing better than their competitors and driving value (as determined by Price to Tangible Book Value). As companies prepare for Supply Chain 2030, we think that it is time to rethink the basics. Seven Predictions for Supply Chain 2030.

Responding to Supply Chain Disruption Amid COVID-19

AIMMS

It’s taking a profound humanitarian and economic toll , impacting supply cha ins in many ways. Our team put several resources together to help supply chain organizations navigate through this crisis safely. . As McKinsey advises , it’s critical for companies to assess the depth of disruption, the length of disruption, and the shape recovery could take. Study 3: Identify Optimal Sourcing Locations .

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. Over time, companies acquired assets. Supply chain design looks very different by company.

Is Single Sourcing, or Sole Sourcing, Dead?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! The Coronavirus Pandemic has quickly and severely disrupted Supply Chains of every kind around the world. Additionally dramatically higher demand for household supplies (eg. What is Single Sourcing or Sole Sourcing? For clarity let’s define what these sourcing terms mean. A sole sourcing model provides a similar dilemma.

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. In most ‘benchmarking activities’, self-reported data is the most common source.

Blockchain in Supply Chain: 2 Ethereum-Based Projects That Demonstrate How Blockchain Can Improve Supply Chains

Cerasis

Supply chains are messy. Blockchain in Supply Chain Can Help. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. The inefficiencies that plague supply chains have seemingly been around forever. What makes Ethereum different is that it actively encourages software development teams to use its open-source protocol to design tokens that run on top of the Ethereum blockchain.

Help Supply Chain Planners Be More Successful In These Uncertain Times

Supply Chain Shaman

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods. As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain.

5 Reasons Supply Chain Companies Need to Be Curating Content

Cerasis

Sharing content from third-party sources establishes supply chain companies as a go-to resource for all things related to your industry, sector, products, or services. Using third-party social media posts, blogs, videos, and more, supply chain companies can enhance their content marketing efforts by distributing information that is readily available. Here are five benefits of content curation for your company. Marketing Supply Chain

The End of Single-Source Supply Chains

Supply Chain Brain

In a post-COVID-19 world, no smart company can rely solely on China for its manufacturing

China 85

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. No company in the past decade achieved the promised economy of scale. Companies performing the best have three characteristics: Business Model Innovation. Companies with traditional definitions of marketing and sales struggle to beat the competition.

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. My first focus was on China sourcing. 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.

Scenario Modeling Is Now Crucial for Supply Chain Network Design

AIMMS

The COVID-19 pandemic has exposed many risks and uncertainties in supply chain networks. How are companies leveraging scenario modeling for network design and optimization ? Current Technologies in Use for Supply Chain Network Design . Prolonged shutdowns have both financial and operational implications, which are often very difficult to assess due to the complexity and far-reaching nature of supply chains.

History Repeats Itself Without Supply Chain Leadership

Supply Chain Shaman

This is a story for the Eds, Franks, and Toms working together in supply chains across the globe. It is also a story for a young supply chain manager attempting to make a difference, but feeling stymied. Efficient supply chains may not be the most effective.

Supply Chain Diagnostic: A Four-Step Process

Supply Chain Shaman

In my work with manufacturing companies recently, I am thinking a lot about the need for diagnostic testing. 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.

Supply Chain: The True Game of Risk

Supply Chain Shaman

For the supply chain leader it is not a game… The stake is business continuity. Gamers do well in the world of supply chain. Designing value networks and managing what-if conditions is fundamental to managing supply chain risks. The move from global to regional supply chains increased risks. Geopolitical shifts, economic uncertainty and demand/supply volatility are rising. In my life time, supply chains changed.

Best-Cost vs. Least-Cost Sourcing

Talking Logistics

A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. What are some of the main supply chain factors that are fueling this reshoring trend? Kevin discusses three factors that are helping to drive the reshoring trend, but the one that caught my attention the most was how companies are shifting their focus from least-cost sourcing to best-cost sourcing.

Supply Chains By the Numbers

Supply Chain Shaman

When 2015 rolls in, for me, it will mark a decade of quantitative research focused on understanding the evolution of supply chain management. Insights on Supply Chain Organizations. In the early years, there were no supply chain organizations. I like many other gray-haired supply chain professionals reported through a functional organization like manufacturing or transportation. It is my 300th blog post on the Supply Chain Shaman.

Embracing the Digital Supply Chain

Supply Chain Shaman

As I drank a cup of coffee and waited, I reflected on the article I had just completed for the Institute of Supply Management. At their request I wrote on the digital supply chain. Digital supply chain is such a buzzword. The digital supply chain is about SO much more than gadgets.” Yet, within the supply chain, everyone waits for data and insights. Supply chains do not move in the cadence of the market.

Sourcing and Procurement in Supply Chain Management

EC Sourcing Group

Sourcing and Procurement in Supply Chain Management. The terms “ sourcing” and “procurement” in supply chain management are often used interchangeably, although they are not quite the same. Procurement is a process and one link in the chain of the supply chain. The supply chain is the entire process of making and selling a commercial product or good. Sourcing is but one step in the procurement process.

3 Supply Chain Trends to Keep an Eye on in 2020

AIMMS

What’s on the horizon for supply chain professionals? Compani es are increasingly under pressure to become more green. Many are relying on advanced analytics to optimize their supply chain for sustainability.

Trends 231

Oil & Gas Companies Focus on Eliminating Supply Chain Waste

Talking Logistics

For the past few years I’ve been using that phrase, which you typically find in investment literature, when making the case for innovation in supply chain management. This rapid growth followed by market decline has led oil and gas companies to finally face reality — i.e., that they need to move up the supply chain maturity curve to enable profitable growth moving forward. Source: “The Future of Natural Gas: An Interdisciplinary MIT Study,” [link].

The Mask Supply Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Strategic National Stockpiles and Sourcing for the National Interest! It got me thinking about where the masks were manufactured and was there a problem with that Supply Chain. What exactly is the Mask Supply Chain?

Supply Chains to Admire: 2016 Results

Supply Chain Shaman

This morning, we announced the Supply Chains to Admire Winners and Finalists for 2016. Selfishly, we need standard for our research, but we also want to help supply chain leaders gain new insights from a deep data-driven analysis. There is no agreed standard for supply chain excellence. We think deep research to help companies determine benchmarks and set goals. The Supply Chains to Admire analysis is now in its third year.

Supply Chain Leaders Prepare For The Long Haul. Caution: It Will Be Gray.

Supply Chain Shaman

Supply chains were ill-prepared for the pandemic. The design of the global supply chain at the start of the pandemic assumed frictionless borders, availability of transportation resources, and supply with few constraints. Supply chain management as a discipline—a set of flows combining the processes of source, make and deliver together to drive value– is relatively new. Supply chain processes depend on navigating the world o f gray.

Research in Focus: Sourcing Trends and Concerns

Talking Logistics

Editor’s Note: Our “ Research in Focus ” series highlights research conducted by select partners on timely and important trends impacting supply chain and logistics professionals today. Below is an excerpt from a report published recently by Amber Road and the American Association of Exporters and Importers (AAEI) titled “ The Trade Trends Report: 2017 Report on Sourcing, Trade, and e-commerce.” Sourcing decisions can complicate or simplify this process.

Customer Service: The Source of Supply Chain Innovation

The Logistics of Logistics

Customer Service: The Source of Supply Chain Innovation. In December’s issue of InBound, editor Keith Biondi cited customer service as the source for supply chain innovation. Technology has clearly driven much change in Supply Chain Management (SCM). BPR has undoubtedly led to many efficiencies and improved effectiveness at numerous companies. BPR has helped streamline supply chains with or without IT.

New Supplier Registration Process – E-Sourcing

TPSynergy

As part of the Supply Chain Management, an important task of the sourcing team is to identify and Onboard new suppliers regularly. Company Information – General information about the company like Name of the company, Corporate web site. Supply Chain

Carter’s: A Story of Supply Chain Leadership

Supply Chain Shaman

To drive global scale, companies need to design the supply chain to buy globally and execute locally. Not many companies have cracked this code. The design of the supply chain is fundamental to making this happen. In our interview of the Supply Chains to Admire Winners, we found a unique approach at Carter’s. also known as the William Carter Company, is the leading brand of children’s clothing, gifts and accessories in America.

Pacific Drilling Selects Consus & Ivalua to Drive Sourcing Best Practices Globally

ivalua

Offshore ultra-deep water drilling company to deploy eSourcing globally across its purchasing function. Pacific Drilling, an offshore drilling company, provides global deep water drilling services to the oil and natural gas industry through the use of high-specification drillships. The company has corporate offices in Houston, Texas, with offices in Brazil, Luxembourg and Nigeria. Sourcing consus global e-sourcing source to pay sourcing