Control Towers: If Only There Was A Clear Definition

Supply Chain Shaman

What is an easy definition? There is no class of technologies, or common definition, for “control towers.” The next time that someone in a meeting mentions the term control tower ask for a definition. Without clear definitions projects expect failure. We finished dinner. I pressed my neatly folded napkin to my lips. As we waited for coffee, silence hung heavy in the air.

Data 266

Cognitive Computing: Getting Clear on Definitions

Supply Chain Shaman

There is no common definition of cognitive computing and there are many variants. ” (AI lacks a common definition. Ask each technology provider for a definition. Here I give the reader some insights into the definitions that I use in my writing. The journey starts with definitions and clarity on terms. Definitions. Let’s start with some definitions: Descriptive Analytics. The journey starts with clarity on definitions.

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

Three Types of SCM Definitions

SCM Research

Today, I present Mentzer et al.’s ’s (2001) must-read article, Defining Supply Chain Management.

SCM 110

Noob Guide to Supply Chain Management Definition

Supply Chain Opz

What is the definition of supply chain management? Because, each professional organization has its own version of the definition. So supply chain is definitely NOT the same as value chain. Conclusion: the best way to understand supply chain management definition is to remember "key words" or "key concepts" such as network, 3 flows, coordination, conflicting objectives, cost/service trade-off and relationship.

The Noob Guide to Supply Chain Definition

Supply Chain Opz

What is the definition of supply chain management? Because, each professional organization has its own version of the definition. So supply chain is definitely NOT the same as value chain. Conclusion: the best way to understand supply chain definition is to remember "key words" or "key concepts" such as network, 3 flows, coordination, conflicting objectives, cost/service trade-off and relationship.

The definitive guide to demand planning

TradeGecko

Effective demand forecasting and demand planning are key to the longevity of wholesale and retail businesses alike. We look at some of the major aspects of the demand planning process and how they impact the entire supply chain.

Five Supply Chain Definitions Every Industry Professional Should.

Kinaxis

''

What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

So what exactly is the definition of “Supply Chain Management”? But that being said there are still a large number of definitions of “Supply Chain Management” Let’s review some of those definitions here: 10 Definitions of Supply Chain Management!

5 Supply Chain Definitions Every Industry Professional Should Know

Kinaxis

''

A new definition for Integrated Business Planning

Supply Chain Movement

The answers made me realize I actually don’t know any widely acknowledged definition for IBP. As far as I know there is no agreed standard definition. Because when there is no agreed definition or standard, there are no clear rules. I also prefer the IBP abbreviation as it is a more inclusive definition. Shortcomings in existing IBP definitions. There are many different IBP definitions, one of them being ‘advanced S&OP’. A new IBP definition.

Understanding E-Commerce Fulfillment: Definition, Process, Resources!

Supply Chain Game Changer

The post Understanding E-Commerce Fulfillment: Definition, Process, Resources! Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Keys to Success in Warehouse Management/Order Fulfillment! Video). Article originally published by, and permission to publish here provided by, Jake Rheude at [link]. Successful eCommerce businesses all have one thing in common: terrific eCommerce fulfillment. You might have the best product in the world. Your website is epic.

The Definitive Guide on Produce Season Transportation Impacts

Zipline Logistics

Check out our definitive guide on which crops affect produce season transportation most in each of the lower 48 states. The post The Definitive Guide on Produce Season Transportation Impacts appeared first on Zipline Logistics.

Brand Protection – The Definitive Role of the Supply Chain!

Supply Chain Game Changer

The post Brand Protection – The Definitive Role of the Supply Chain! Subscribe Here! Email Address. Check out Is Your Supply Chain A Cost Centre or a Value Creator?

Definitions for Supply Chain & Logistics – LLP, 3PL, 4PL and More

Logistics Bureau

What is LLP mean? What does 3PL stand for? How about 4PL and 5PL? More of these Supply Chain questions will be discussed in the video below: Best Regards, Rob O’Byrne. Email: robyrne@logisticsbureau.com. Phone: +61 417 417 307. 3PL Supply Chain Videos 4PL 5PL LLP

3PL 62

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

The post Supply Chain Costs: A Definitive Guide for Manufacturers appeared first on ThroughPut. What is Supply chain costs? Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. The total cost of ownership is defined as the combination of the purchase or acquisition price of a good or service.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

The post Supply Chain Costs: A Definitive Guide for Manufacturers appeared first on ThroughPut. What is Supply chain costs? Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. The total cost of ownership is defined as the combination of the purchase or acquisition price of a good or service.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

The post Supply Chain Costs: A Definitive Guide for Manufacturers appeared first on ThroughPut. What is Supply chain costs? Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. The total cost of ownership is defined as the combination of the purchase or acquisition price of a good or service.

Stock replenishment definition

TradeGecko

Stock replenishment is one of the most important considerations when it comes to inventory management, as it helps ensure the right stock is on the shelves at the right time, while keeping inventory holding costs low and customers happy. Stock replenishment

Home Depot Grows Revenues by Investing in Time Definite Deliveries

Logistics Viewpoints

The post Home Depot Grows Revenues by Investing in Time Definite Deliveries appeared first on Logistics Viewpoints. Most companies invest in transportation management solutions to cut costs. Home Depot has proven that investing in this can improve service and grow revenues. This article describes the path they took to put this business case together. Retail Transportation Management Systems Home Depot logistics supply chain TMS

What is a 3PL? The Ultimate Guide Including Definitions of 1PL, 2PL, and 4PL!

Supply Chain Game Changer

To provide some context my definitions are based on the premise of how far removed the entity performing the logistics processes is from the original source of the finished product. Therefore on the 3plmanager.com blog the following definitions apply: 1st Party Logistics (1PL).

3PL 72

New Definition of Logistics?

BluJay Solutions

I remember as a new professional in Logistics , I was taught an academic definition; Logistics means the right goods, reaching the right people at the right time. Well, as I look back at this definition as it stood then, it seemed fairly accurate. However with the changes in the industry and evolution of IT around Logistics, the definition has undergone change. So what is the new definition of Logistics? The post New Definition of Logistics?

The 7 Warehouse Service Offerings

The Logistics of Logistics

Everyone knows what a warehouse is, but I decided to publish Wikipedia’s definition because it was really good. Warehouse Definition. As I read, the article, I thought it would be helpful to publish a definition or overview of the 7 warehouse service offerings described in the article. “If you can’t explain it simply, you don’t understand it well enough” – Albert Einstein. There are 7 main types of warehouse services offerings.

Stock replenishment definition

TradeGecko

Stock replenishment is one of the most important considerations when it comes to inventory management, as it helps ensure the right stock is on the shelves at the right time, while keeping inventory holding costs low and customers happy. Stock replenishment

Breaking Down the Category Management Definition in Procurement

ProcurePort

The post Breaking Down the Category Management Definition in Procurement appeared first on ProcurePort Blog. When Brian F. Harris, former university professor at the University of Southern California (USC) first coined the term “category management” it was in relation to retail.

Machine Learning and Data Science Tools of the Trade: First-Order Difference

Arkieva

There are a number of data analysis “tools of the trade” that have proven effective in exploring data to get it to tell a story. One such method is the first-order difference (FOD). The purpose of this blog is to provide an overview of FOD with respect to profiling demand history.

Data 88

Eight Rules for Formal Conceptual Definitions

SCM Research

Theory-building empirical research needs formal conceptual definitions. Particularly, such definitions are necessary conditions for construct validity. But what is a “good” formal conceptual definition? ” (3) “Definitions should include only unambiguous and clear terms.” ” (4) “Definitions should have as few as possible terms in the conceptual definition to avoid violating the parsimony virtue of ‘good’ theory.”

Defining spend leakage: why the traditional definition isn’t enough

Xeeva

Before explaining how to stop it however, it is important to define what it is – and why traditional definitions may not be enough. So that’s a pretty narrow definition. But what you’re saying is that’s not the whole definition.

Camera Module: Definition and Types

Insights Solutions Global

The post Camera Module: Definition and Types appeared first on Insight Solutions Global. What is camera module? What are the types of them? What are the differences between these types? Let's learn together in this post. Camera Module

The 11 Transportation Service Offerings

The Logistics of Logistics

Transportation air cargo definition driver leasing inbound logistics Joe Lynch LTL definition ocean transportation definition The Logistics of Logistics transportation service offering truck driver leasing truckload definition There are 11 transportation service offerings. Last summer, Inbound Logistics published a list of different 3PLs and their services.

Global Cargo Monitoring / Cargo Tracking: What's your definition of.

Global Trade Management

Whats your definition of supply chain? I stumbled over a question, which made me very curious: What is your two word definition of supply chain? What's your definition of supply chain? Global Cargo Monitoring / Cargo Tracking. International trade is the engine of global prosperity today. The size of global trade has nearly doubled since 1990. The healthy growth continues as world merchandise trade continues to grow with an average of 10% per year.

Cargo 43

Relationship Between MAD and Standard Deviation For a Normally Distributed Random Variable

Arkieva

A colleague and I were talking recently, and the conversation turned to what is the relationship between Mean Absolute Deviation (MAD) and the Standard Deviation (STDEV). In this post, I will explain to you the math behind that approximation, which by the way, only applies to normal distributions. Relationship Between MAD and Standard Deviation For a Normally Distributed Random Variable was first posted on July 27, 2020 at 7:43 am. ©2017

Invest in Supply Chain Management Technology: Survival and Ability to Respond to Emerging Challenges

Arkieva

When and how to invest in supply chain management technology is a critical question for all firms that is not a one-time question but ongoing. This blog will observe the real business value is “survival and responsiveness” and elaborate on the challenges with this evaluation.

Is your Supply Chain geared-up for this Holiday Season?

Arkieva

Holiday Supply Chain supply chain definition business supply chain definition pdf supply chain diagram supply chain examples supply chain explained supply chain process types of supply chain what is supply chain management and why is it importantFor businesses, it’s a great opportunity to cash in on the seasonal spike in customer demand. However, every year it also poses a unique situation with equal challenges along with the opportunities.

Plastic crushing machines: definition and purpose

Exapro Hub

The post Plastic crushing machines: definition and purpose appeared first on Exapro Hub. Although we are surrounded by plastic daily, it’s good to start with a simple question: what is plastic?

Types of Battery & Definitions of These Batteries

Insights Solutions Global

The post Types of Battery & Definitions of These Batteries appeared first on Insight Solutions Global. Among all sorts of batteries, how should you choose the one that works best for your product? What do you need to know about them before you make the call? This post has all the answers that you need. Battery