Tue.Mar 15, 2022

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Ukraine Conflict Now Tops the List of Supply Chain Risks

Enterra Insights

Half a decade ago, journalist Kevin O’Marah ( @komarah ) wrote, “Supply chain risk management has enjoyed a rise in prominence over the past decade as events like Japan’s tsunami, Thailand’s floods and the US west coast port strike have shone a light on the value of resilience. Hot risk factors today include data security, logistics disruptions and trade policy uncertainty.

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Measuring Forecast Accuracy: Keeping Score on Keeping Score

CHAINalytics

Measuring forecast accuracy (FA) determines the degree to which an organization can accurately predict sales. High forecast accuracy leads to lower required inventory levels, fewer lost sales, and optimized working capital. This blog post is the third part of a Chainalytics’ Integrated Demand and Supply Planning practice five-part series on improving statistical forecasting.

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A War in the Middle of Europe

SCM Research

The world is shocked by the Putin regime’s war of aggression against Ukraine – a war in the middle of Europe. It almost seems to me that our species has climbed back into the trees. This war already has many impacts on supply chains, and further implications will only become apparent with a time lag. Instead of taking the long necessary step to expand renewable energies, many EU countries have relied on cheap oil and gas supplies from Russia for too many years.

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Watch: When Will the Vehicle Supply Chain Recover?

Supply Chain Brain

A discussion about the current state and future of the vehicle supply chain, with Shay Scott, executive director of the Global Supply Chain Institute, and a member of the faculty of the Department of Marketing and Supply Chain Management at the University of Tennessee.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Password resets need to be extinct like the dinosaurs they are

IT Supply Chain

By Patrick McBride (pictured). Chief Marketing Officer, Beyond Identity. The post Password resets need to be extinct like the dinosaurs they are appeared first on IT Supply Chain.

More Trending

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Is your business phone system future ready?

IT Supply Chain

By Kristian Torode (pictured). Director & Co-Founder, Crystaline. The post Is your business phone system future ready? appeared first on IT Supply Chain.

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White House Pushes Supply Chain Operators to Share Data

Supply Chain Brain

An initiative launched this week is President Biden’s latest effort to address supply chain bottlenecks that stretch across the U.S.

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People in Manufacturing: Accounts Payable

QAD

Manufacturing companies often have hundreds or even thousands of suppliers. In addition to the usual service and business supplies that every company deals with, manufacturers must acquire the components necessary to build their products. They even sometimes contract for outside services to expand capacity or capabilities beyond what they have in house.

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Juggle Better: 6 Ways Production Scheduling in ERP Helps Manufacturers

OptiProERP

Before getting into production scheduling and how it helps manufacturers, let’s have a quick look at the functions of the production department in a manufacturing organization. The production department transforms raw materials into finished goods. It can include technicians, designers, engineers, machine operators, and more. Production scheduling is the process of planning and scheduling all production activities on a timescale.

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2024 Annual T&L M&A Report

Tenney Group, an industry specialized M&A Advisory firm in the T&L space, produced the 2024 Annual M&A Report. The report contains an in depth overview of 2023 notable deals and the market, while also providing the outlook for 2024 M&A.

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Why Benchmarking in Your Supply Chain is Vital?

Logistics Bureau

Supply Chain Benchmarking is one of the best ways to identify cost and service improvement opportunities in your Supply Chain. That is why you need to do it. ?. Related articles on this topic have appeared throughout our website, check them out: How to Select the Right KPIs for Supply Chain Benchmarking. KPI Key Performance Indicators in Supply Chain & Logistics.

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Supply Chain Pressure Index is up for Q4 2021 – and will likely stay there.

NC State SCRC

Yesterday the Census Bureau released the Q4 2021 Quarterly Survey of Plant Capacity Utilization, and my colleague Jason Miller was able to update the MSU Supply Chain Pressure Index. The reading jumped to 494.6, up from 436.6 in Q3 2021 (13.3%). This indicates that in Q4, plants continued to experience significantly lower capacity, due to increased shortages of material, labor shortages and transportation/logistics constraints.

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Another China Based Lockdown and Supply Network Disruption- Implications and Call to Action

Supply Chain Matters

By now our Supply Chain Matters readers have already viewed headlines of yet another COVID-19 variant induced lockdown of certain manufacturing and port facilities in China. China’s zero tolerance coronavirus outbreak policies were likely cause additional disruptions this year and that has come to pass. Impacted are manufacturing clusters located in Shenzhen and Changchun city areas which have been placed on minimum one-week lockdowns as of this past weekend.

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Retailer Mandates Are Like Dominoes

AB&R

This article originally appeared on RFID Journal. With first Walmart and now Nordstrom telling suppliers to tag goods, the RFID industry as a whole will benefit—and other companies will hopefully follow suit. Much has been written about Walmart ‘s history with RFID , both here and elsewhere. Two decades ago, the retailer required that suppliers add tags to all goods supplied to stores throughout its chain.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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What Does Supplier Collaboration Mean for Sustainability?

SupplyShift

Today’s sustainability goals are significant; there’s no denying it. With governments worldwide coming together to combine forces and keep the rate of global warming below 1.5?, all efforts turn to collaboration to slow the looming threat climate change poses on the future of our planet, among other crucial sustainability goals. The United Nations’ 17 Sustainable Development Goals aim to tackle issues such as poverty, hunger, affordable and clean energy, and creating sustainable cities and commu

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Why You Need an International Freight Audit Software

Intelligent Audit

The complexity of the transportation and shipping market continues to complicate even the most basic of transport services. The continued growth of the TMS market means new software will be available, resulting in more data streams and increased access to data and supply chain management insights. International freight audit software can make it easier to manage freight costs, profits, and budgeting concerns. .

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Autonomous Planning in Supply Chain: 4 Must-Haves for Next-Generation Platforms

Supply Chain Management and Analytics

Algorithms, Automation, Architecture and Agility are the 4 Must-Haves that differentiate the next-generation of supply chain planning platforms. The post Autonomous Planning in Supply Chain: 4 Must-Haves for Next-Generation Platforms appeared first on Solvoyo.

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Proxima named as one of Forbes Best Management Consulting Firms

Proxima

We are thrilled to be recognized by our peers and clients for this award. At Proxima, we strengthen the world’s most forward-thinking businesses by transforming procurement and supply chains to drive ever-increasing enterprise value. We work diligently on behalf of our clients to efficiently and effectively allocate external spend towards purpose-driven growth agendas and deploy the specialist expertise required to be successful in the world’s largest economy.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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Top 5 Reasons for a Single Supply Chain Platform

Tecsys

Here are the five biggest advantages of shifting to one supply chain platform, including proof points from organizations that have taken this approach. The post Top 5 Reasons for a Single Supply Chain Platform appeared first on Tecsys.

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What Does Supplier Collaboration Mean for Sustainability?

SupplyShift

Today’s sustainability goals are significant; there’s no denying it. With governments worldwide coming together to combine forces and keep the rate of global warming below 1.5℃, all efforts turn to collaboration to slow the looming threat climate change poses on the future of our planet, among other crucial sustainability goals. The United Nations’ 17 Sustainable Development Goals aim to tackle issues such as poverty, hunger, affordable and clean energy, and creating sustainable cities and commu

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Supply Chain News onTarget to Spend Big to Revamped Distribution Center Network for the eCommerce Era

Supply Chain Digest

Spending Billions, Target to Add Sortation Facilities to Support Its Store Fulfillment Strategy

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Thoughts on Spare Busses and Spare Parts - Smart Software

The Smart Software

This blog focuses on bus systems and other types of public transit, rail, and their practices for spare parts management.

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How To Package & Price Embedded Analytics

Just by embedding analytics, app owners can charge 24% more for their product. How much value could you add? This framework from Software Pricing Partners explains how application enhancements can extend your product offerings. You’ll learn: How to take a disciplined approach to pricing The three elements of the Packaging Decision Framework Ways to structure your new embedded analytics offering Download the White Paper to learn about How To Package & Price Embedded Analytics.

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Supply Chain News on Cass Shipping Index Says Volume, Rates Jumped again in Febrary, but there are Some Signs of Slowing

Supply Chain Digest

Truckload Rates Up 12.

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CBD Product Distribution:  Amware Helps PureKana Build Scalable Fulfillment Solution

Amware Logistics and Fulfillment

PureKana is a wellness company that markets a variety of hemp-derived CBD products. At a time when the company was growing fast and even assuming order fulfillment responsibility for acquired companies, its fulfillment services partner struggled to provide the needed support.

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Why Multi-Carrier Parcel Shipping Strategies Are Winning in 2022

Supply Chain Brief Submitted Articles

The e-commerce shipping experience now defines the shopping experience.

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The World’s Cargo Ships Are Sailing Into Worse Climate Risks: Report

Supply Chain Brain

Dangerous, expensive disruptions to shipping and many of the world’s roughly 3,700 ports are on the rise along with global temperatures. These events will increasingly threaten the sea routes that convey 80% of traded goods by volume, according to an analysis by Environmental Defense Fund.

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GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. Whether from geopolitical tensions or the havoc caused by the pandemic and its aftershocks, plenty of challenges remain. Despite this, leaders are seeing a glimmer of light at the end of the tunnel — inflation is decreasing, interest rates are leveling off and supply chain volatility is easing.

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Procurement Category Management for Business

ProcurePort

The procurement category management process is the intentional action by a company to divide its procurement spend into segments with related items. The main reason for segmentation is to find opportunities to generate value through greater efficiency. When successfully implemented, the company can gain through lower purchase prices, better relationships with suppliers, agility in logistics, […].

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FedEx Contractors Blame Company for Peak Losses

Multichannel Merchant

A disgruntled group of FedEx Ground contractors are blaming the company for losses this past peak season due to investments in leased vehicles and temporary staff for a massive holiday deluge that never materialized, the Wall Street Journal is reporting. Analysts and shippers all agree that the 2021 peak season was nothing like its predecessor in 2020, as retailers did a much better job of flattening demand by turning on promotions earlier than usual, and being more diligent in working with carr

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The New Kings of Retail Are Focused on Customer Service

Supply Chain Brain

The last two years presented a whirlwind of new challenges for retail, requiring businesses to explore sometimes experimental ways to cope with rapid change. .