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Learn how tariffs impact supplychainriskmanagement and what proactive strategies leading companies are using to stay agile, resilient and competitive. How Tariffs Are Shaping SupplyChainRiskManagement was first posted on May 8, 2025 at 9:12 am.
How is AI changing supplychainriskmanagement , and what does it mean for the future? These questions were part of a recent discussion featuring Exiger CEO Brandon Daniels about AI impacts on supplychains. Arjun Mehta: How is AI impacting supplychainriskmanagement?
It covers fundamental concepts, core supplychain functions, and advanced topics that include: SupplyChain Analytics SupplyChainRiskManagement Sustainable SupplyChainManagement Global SupplyChainManagement Moreover, it’s important to note that the topics covered in a CSCMP certification may vary depending on the topic level and format.
SCM is focused on efficiency, throughput, and resilience across a much wider operational footprint and requires coordination between manufacturing, logistics and supplychain, and demandplanning teams to ensure timely fulfillment and quality assurance.
Accenture Accenture is a global consulting and professional services firm that provides end-to-end supplychain consulting solutions. Accenture’s capabilities span strategic sourcing, demandplanning, logistics optimization, and digital supplychain transformation. Kearney A.T.
Still, supplychain resilience is facing the prevention paradox “there is no glory in prevention”, and while most companies mastered to set up task forces and battle those disruptions on the spot, the few companies that invested into real visibility and resilience early have seen a significant competitive advantage in the past 5 years.
Such whiplash has implications for domestic and global supplychain networks. That implies product demandplanning implications and likely increased trade conflict and global trade restrictions. Further, import tariffs invariably precipitate counter tariffs or trade constrictions.
Bowman, SupplyChainBrain Podcast | Mitigating SupplyChainRisk: Is Insurance Up to the Challenge? More from this author Subscribe to our Daily Newsletter!
When supplyplans or safety stocks are based on wrong assumptions about demand uncertainty, targets go unmet and supplychains go into firefighting mode.
In February, Klaus Niebur, the director of global supplychainriskmanagement at Autoliv, and Jan Thiessen, the managing director at targetP!, spoke on best practices on supplychainriskmanagement at ARC Advisory Group’s Digital Transformation in Industry conference.
Manufacturers are facing massive shortages across their supplychains, which, along with as well as an utter failure to move swiftly to account for said shortages, has resulted in a market flooded with demand for an ever-dwindling supply. It is, in order words, a failure in supplychainriskmanagement.
One reason lies in companies’ heavy investment in traditional enterprise resource planning and demand-planning infrastructure, says Martin. But the volatility of demand, coupled with growing risk in global supplychains , has shown that this approach won’t give companies the agility they’re seeking.
SupplyChains have primarily stayed on the outside of this challenge. But, we continue to see the trend as a sales and/or a demandplanning issue; something where we need better visibility to real time demand or a finer cut of demand signals. Then, and only then, can you simulate new business strategies.
Supplychainmanagement spans many functions and processes, including demandplanning, sourcing, merchandising, supplier relationship management, inventory management, inbound and outbound transportation, distribution management, and store operations.
Are ERP systems better than best-in-class supplychain solutions for managing healthcare supplychains? What are the pros and cons, and what supplychain strategy will pave the way to higher margins, improved supplychainriskmanagement in healthcare and improved patient care?
The key building blocks for the modern supplychain control tower includes data from key supplychain partners, robust supply and demandplanning, and a master data management/data harmonization layer that helps to normalize the data and can then feed accurate data to the planning engine or team members.
Reason #2 Poorly executed or non-existent sales and operations planning. Reason #3 Not having end-to-end supplychain visibility. Reason #4 Making key decisions by modelling the supplychain in Excel. Reason #5 Not having a supplychainriskmanagement process.
Agility is more about reacting in the next day or two, or even the next hour or two, to potential supplychain disruptions. They built them between 2012 and 2014, and then enhanced them when better supplychainriskmanagement solutions became available. Concurrent planning is kind of amazing.
Santa said since our discussion last year he has learned quite a bit from his demandplanning elves on the importance of accurate forecasts and the negative effects of forecast error on the rest of the Christmas Express SupplyChain. Santa referred to this system as the Santa Claus (SC) Planning Platform.
« Asset Management and Dynamic Work Plan- Part I | Main | Asset Management and Dynamic Work Plan- Part II » DemandPlanning - Practicing the Best Practices (contd.). Demandplanning is a sub-process within sales and operations planning and is not a compartmentalized task.
The curriculum takes you on a deep dive through the entire supplychain lifecycle, equipping you with a thorough understanding of: SupplyChain Fundamentals: Master the core concepts and processes that drive successful supplychains, including demandplanning, forecasting, and network design.
The discipline of supplychainriskmanagement has emerged over the last decade to promote creation of mitigation plans for when disruptions occur. In 2016, more supplychain teams will invoke scenario planning to determine what actions to take in the face of potential disruptions.
Another large problem NGIA points out is lack of organization and ineffective planning, which leads to wasted time and wasted product. If your demandplanning isn’t on point you may end up with a surplus of plants you’re unable to move.
Forward thinking in sales and operations planning and other processes. Scenarios are of value with any supplychain process such as inventory planning , supplymanagement , demandplanning , order fulfillment , or capacity planning.
as the advance of e-commerce continues, companies with an omnichannel approach are increasingly implementing specific order management systems. furthermore, because the continuing growth in outsourcing is making global businesses ever-more susceptible to disruptions, supplychainriskmanagement software is also on the rise.
In the dynamic world of supplychainmanagement, demandplanning is a critical component for achieving holistic supplyplanning. It involves constructing an accurate forecast of future demand based on supply drivers, aiming to meet customer needs as precisely as possible.
For instance, S&OP: improves business alignment, reduces expedite costs, improves utilization of capacity and improves return on assets (ROA), reduces cash requirement, improves supplychainriskmanagement. Organizational Co-Operation and Enhanced Decision-Making.
Variety : SCMDOJO’s courses are highly specialized, focusing on in-depth knowledge and areas of supplychainmanagement, such as inventory management, procurement strategies, supplychainriskmanagement, and Artificial Intelligence, which in turn makes it easier for learners to navigate and begin their learning journey in specific domains.
by Alexa Cheater In part one of this series I talked about how businesses trading in data as a commodity could be classified as using non-traditional supplychain. It was the most obvious case to prove non-traditional supplychain is actually a valid concept.
The execution layer includes a suite of purpose-built applications that are designed to manage different aspects of the supplychain. These can be applications for supplychainriskmanagement, demandplanning, supplyplanning, order execution and fulfillment, transportation management, etc.
“With SDX, Oshkosh improved from 60% -70% forecast vs. shipped to 75%-80%, allowing for better management of working capital,” added Exiger President of SupplyChain Transformation Trevor Stansbury.
The resulting solution set focuses on master data management, demandplanning and replenishment management systems, and the sequence in which they must be implemented. And once it had a handle on the final SKU list along with its demand, it would have negotiated much better price agreements with LTL and parcel carriers.
« The Upcoming 2011 Holiday Buying Season will again Test Retailer MCO and SupplyChain Capabilities | Main | Factors Influencing Delivery Address Amendment » DemandPlanning in CPG industry - Practising the Best Practices. for running the organization in the most effective and efficient manner.
One of the greatest challenges that complex supplychains of the companies today face are accurate forecasting and demandplanning. In this context, the social media can be leveraged effectively to analyze customer data and achieve more insight on forecasting, planning, scheduling and inventory management.
The Infosys global supplychainmanagement blog enables leaner supplychains through process and IT related interventions. Discuss the latest trends and solutions across the supplychainmanagement landscape. Guest Post By Bob Ferrari, Executive Editor, SupplyChain Matters blog.
Thomas further recommends in his blog approaching SupplyChain segmentation as an end-to-end strategy that encompasses business processes starting all the way from the Customers over to Suppliers. This also includes DemandManagement process, which will be the focus of my discussion in this blog. Generic SCM (130).
The Infosys global supplychainmanagement blog enables leaner supplychains through process and IT related interventions. Discuss the latest trends and solutions across the supplychainmanagement landscape. Enterprise Asset Management: IT Asset Management (57). January 2014.
The Infosys global supplychainmanagement blog enables leaner supplychains through process and IT related interventions. Discuss the latest trends and solutions across the supplychainmanagement landscape. » Asset Management and Dynamic Work Plan- Part I. January 2014.
Ensuring data accuracy in the planning system is like maintaining basic hygiene. This will not only increase planners belief in supply and demandplans created by APO, but it will also give him / her more time to explore advanced features in APO that will in turn help maximizing value out of solution they have deployed.
The Infosys global supplychainmanagement blog enables leaner supplychains through process and IT related interventions. Discuss the latest trends and solutions across the supplychainmanagement landscape. Enterprise Asset Management: IT Asset Management (57). January 2014.
In the first edition I also didn’t write about manufacturing execution systems or manufacturing operations management systems, but I cover them in the second edition. Supplychainriskmanagement is now a much more important subject for us to talk about in 2020.
Inventory Management and Optimization Optimization and management of inventory is the ability to ensure product availability through inventory administration activities such as demandplanning, stock optimization, and monitoring the age of the product. Experience with demandplanning software and supplychainplanning.
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