Why Supply Chain Managers & Procurement Should Collaborate

Cerasis

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. However, both logistics and procurement often become isolated in modern companies, resulting in inefficient practices and a sluggish production value. Supply Chain Managers and Procurement Professionals Avoid the Conversation.

The Vaccine Distribution Supply Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. It is an incredible task that won’t happen without careful and well thought out planning and execution of the Supply Chain. What is the Vaccine Distribution Supply Chain? Procurement of Vaccines.

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These 7 Industrial Procurement Trends will Impact Supply Chain & Logistics in 2018

Cerasis

Procurement must never be an afterthought in any enterprise. Manufacturers need to have the right raw materials and supplies available. Supply chain entities need to know vendors will be held accountable and adhere to the terms within vendor-supply chain partner service level agreements. Supply chain professionals must also know how they will be shipping freight. Companies Will Seek New Ways to Use Technology in Procurement.

Clouds are Gathering for an Open Platform for Supply Chain

ToolsGroup

If this challenging past year has taught us one thing, it is the value of connections–not only in our lives, but in supply chains. How supply chain disconnections disrupt service. 2030 vision: End-to-End supply chains that serve customers.

Distribution Management: Top 6 Factors That Influence Distribution Management Strategy

BR Williams Supply Chain Management

What is Distribution Management? Distribution management includes forecasting, transportation, warehousing, and delivery within the larger universe of logistics and supply chain management. Distribution management is an integral part of logistics.

Top 6 Predictions for Supply Chain Planning in 2021 and Beyond

ToolsGroup

Over the year, COVID-19 introduced even greater complexity into the already difficult work of supply chain planning–and changed supply chain from a practitioner-focused topic to everyday dinner table conversation. Digital supply chain transformation will accelerate.

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

At Supply Chain Insights , as we combed through over 9000 quantitative responses on supply chain management from business leaders to understand what drives supply chain excellence in preparation for the Supply Chain Insights Global Summit , in the process, we proved Hau Lee’s theorem in the Famous Harvard Business Review Article, “Triple A Supply Chains.” First, great supply chains are agile.

Marketing Supply Chain Solutions Post-COVID: Q&A with ToolsGroup CMO Caroline Proctor

ToolsGroup

There’s still a strong demand for supply chain planning solutions, particularly ones with machine learning capabilities that can help clients rapidly adapt to the changing supplier situations and consumer demand that goes along with major disruptions like this. .

The Transportation Supply Chain: Transportation’s Role in Supply Chain Management to Lower Total Costs

Cerasis

In order to avoid incidents of mismatch between supply and demand, establish more efficient manufacturing and lower costs, it is necessary to establish an environment of consistent supply chain visibility. Everything from sourcing raw materials, manufacturing, to the sales channels which feed supply for a finished product are essential factors. One of the often missing links, however, in supply chain visibility, is transportation management.

Supply Chain Artificial Intelligence Offers Wisdom to Supply Chain Management

Cerasis

Our previous discussion on augmented reality revealed a new trend in supply chain management , the use of computer-simulated imagery to enhance production and efficiency. However, the supply chain tends to forget how augmented reality will naturally transform the entire supply chain, and supply chain artificial intelligence is one of the key driving forces behind supply chain augmented reality.

Next Generation Supply Chain Risk Management: A Case Study

Logistics Viewpoints

We are entering an era where it is becoming possible to detect supply chain risks much more quickly. AGCO is a global leader in the design, manufacture and distribution of a wide range of agricultural equipment. In a discussion with AGCO’s Jan Theissen, Director of Strategy and Methods, and Jake Stone, Manager of Supply Chain Risk and Contract Management, I learned about this public, Atlanta headquartered corporation’s […].

How to Get a Job in the Supply Chain Sector

Logistics Bureau

So, you are thinking about a career in supply chain? While this article is intended as an evergreen resource, to help you navigate in your search for a supply chain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality.

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

Editor’s Note: Today’s blog is from Kevin Doubleday who discusses the importance of blockchain within the supply chain. Current Supply Chains don’t operate at the cadence of business. Integrating Blockchain within the Supply Chain could change that. When we are asked about “killer” use cases for blockchain within enterprise systems, Supply Chain is the usual suspect — and for good reason.

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. 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. I firmly believe that the rebound of the economy requires strong supply chains, but to make this happen, we need to turn our backs on historic practices and innovate new ways of working. Let’s learn and apply it to supply chain management.

Supply Chain Predictions 2020: Uncertainty Demands Resilience

ToolsGroup

It’s been an interesting decade for supply chain: just when you think things can’t get any crazier, a new extreme weather event, political drama or tech start-up pops up, disrupting entire industries. Global supply chains are particularly vulnerable to the changes triggered by these events, including increased regulation, new tariffs and radical shifts in demand patterns. . Algorithmic supply chain planning will go mainstream.

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Supply Chain as a Service (SCaaS)!

Supply Chain Game Changer

The 3 Pillars of Digital Procurement! This was my first experience with Outsourcing, or what I refer to as “Supply Chain as a Service” (SCaaS). Virtually every type of software application is offered in a SaaS model, including software to support ERP, TMS, CRM, Inventory Management, and Invoicing applications, all of which are related to Supply Chain. It’s time to recognize Supply Chain as a Service (SCaaS)! Subscribe Here!

How to Recruit and Organize Supply Chain Talent to Unlock Your Supply Chain’s Potential

Talking Logistics

Recently it seems that more and more organizations are recognizing that their supply chains are a key component to the organization’s success. From the increasing adoption of a chief supply chain officer at major organizations to discussions of legislative changes , the influence of the supply chain on competitive advantage is more recognized than ever. So what does this mean for global companies and supply chain strategy?

Supply Chain KPIs You’ll Want Every Morning

Logility

A quick scan of the Internet will yield a long list of “the biggest-ever supply chain disasters”. Would access to better supply chain and IT performance information have helped avert or mitigate these failures? Supply chain cost per unit sold.

Modeling Supply Chains with “Digital Twins”

ToolsGroup

The growing momentum around systems-based thinking in supply chain planning has given rise to a new concept called the “digital twin”. It allows you to accurately test the resilience of a complex, multi-echelon, global supply chain. At the recent Gartner Supply Chain Executive Conference in Phoenix, analyst Marc Halpern clarified three key concepts about supply chain digital twins in his presentation “Busting the Myth of Digital Twins to Deliver Value.”

Supply Chain Predictions!

Supply Chain Game Changer

Check out Procurement Experiences, Trends and the Future! In the book, The Living Supply Chain , the authors argue that, “Speeding up the supply chain is at the root of everything that is good: improved revenue, reduced working capital, higher profitability, and less obsolete inventory. Conversely, slowing down the supply chain is at the root of everything that is bad: working capital write-offs, reduced profitability, and slowing revenues.”.

Key Takeaways from our Vaccine Supply Chain Webinar on December 16

NC State SCRC

As the Pfizer vaccine is rolling out across the country this week, Major Dan Finkenstadt and I delivered a webinar, in which we identified a list of possible concerns and “hiccups” that may lie in store for distribution of the COVID vaccine. 4) We need to vaccinate the value chain.

Optimising M&M Spares Supply Chain – LogiSYM August 2020

The Logistics & Supply Chain Management Society

With Blue Yonder capabilities, Mahindra & Mahindra Spares Business Unit (M&M SBU) now has greater visibility regarding demand, inventory, supply and distribution plans and are able to make more accurate and timely supply chain decisions.

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Infrastructure Planning Guidelines for Supply Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Over the years, digital disruption has become a norm for all industries, and supply chain businesses are not an exception. The post Infrastructure Planning Guidelines for Supply Chain! Subscribe Here! Email Address.

Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. We just finished hosting over 150 executives at our Supply Chain Resource Cooperative, with a theme on Supply Chain Analytics. Here is what I expect to see next year: Global supply chain footprints will continue to expand.

Coronavirus reminds us to review supply chain continuity plans

NC State SCRC

The most critical outcome of this issue is the tragic loss of life, but for those who work in supply chains, it is also a time to “dust off” your business continuity plans, and begin to think through how the virus may spread and impact your business enterprise. China is the epicenter of global manufacturing, and as a result of quarantines and shutdowns, major portions of their supply chain will be cut off from the rest of the world.

Understanding Supply Chain Management

SupplyPike

The importance of supply chain management What to watch while consumers are panic buying How to implement supply chain management Supply chain management and Walmart. Supply Chain Management (SCM) is a systematic and controlled procurement operation. Procurement usually comprises a diverse range of suppliers chosen according to a conceived ability to supply merchandise at the right price. Your Supply Chain Simplified.

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The Baby Supply Chain!

Supply Chain Game Changer

Check out Food Waste and World Hunger – The Food Supply Chain is Broken! They have also just entered the world of the Baby Supply Chain! Actually their journey into the Baby Supply Chain began long before the birth of their child, our Grandson. supply) to meet their needs. Over time they will try to time when baby is fed as they work to get the baby on a regular sleeping schedule. Logistics comes into play in the Baby Supply Chain.

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Supply Chain 2015

SCM Research

Last week, a well-made special report by Raconteur, titled Supply Chain 2015 (pdf), was distributed in The Times of London. Other topics covered by the report are, among others, strategic procurement, top technologies, demand prediction, sustainable supply chains and cross-border delivery. More information can be found on the homepage of Raconteur’s Supply Chain 2015 report. Practice Report Supply Chain Management Trend

10 COVID-19 Lessons for a Resilient Supply Chain

DynaSys

A Three Part Article Series from QAD DynaSys – COVID-19 and Resilient Supply Chain. In this series, discover how the COVID-19 pandemic gave us the keys to build a resilient supply chain and add value to our Supply Chain.

The Parallel Supply Chain … A Twilight Zone Strategy?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Defining the New Normal in Supply Chain! The unprecedented disruption in these Supply Chains and the economy, along with panic buying (eg. Simply a Parallel Supply Chain is a duplication of your mainstream Supply Chain.

Achieving Healthcare Transformation, Powered by Supply Chain

ivalua

We believe that a key pillar of this transformation is the supply chain. Taking a step back, if we look at the bigger trends taking place in this industry, there are a few of note that may ultimately be a driving factor for improvements within healthcare supply chains: Healthcare spend is highest in the world: The US spends significantly more than most of the world on healthcare per capita. With such growth comes supply chain complexity.

The Top 10 Supply Chain Blog Posts from 2017

Cerasis

Today, is day two of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. The Top 10 Supply Chain Blog Posts from 2017. This year, most were interesting in supply chain optimization - from distribution to inventory management - and Key Performance Indicators. Top 5 Trends to Know to Compete with Amazon’s Supply Chain.

Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020

The Logistics & Supply Chain Management Society

“Managing supply chain and logistics has never been more significant and challenging since the outbreak of COVID-19 that created a new norm with high uncertainty and enforced an inevitable shift”. Logistics and supply chain management is a rapidly evolving field.

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Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. What is Supply Chain Management (SCM)? When I started my career the term “Supply Chain” had just been coined. As such it was many years before I actually heard of the term “Supply Chain Management” Regardless I pursued my interests and took on an increasingly diverse set of progressive jobs as time went on. What Makes Supply Chain Special? Subscribe Here!

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Career advice for supply chain professionals

Kinaxis

by Dr. Madhav Durbha It is a great time to be a supply chain professional. Emerging technologies such as Internet of Things (IoT), Cognitive computing, and Augmented Reality are creating new challenges and new opportunities for supply chain management (SCM) professionals. While this technological shift is happening, the complexity of supply chains is growing.