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'Who said supply chains are boring? Whenever I tell a friend, colleague or family member about my job as soon as the words "supply chain" are muttered I immediately see glassy eyes followed by a yawn or two. Little do they realize that every time they discard or recycle a carton of milk they are completing the end of the supply chain cycle. Without supply chains consumers would be stuck using products that they had to make or grow with their own two hands.
'As I look forward to the holiday season (yes it is hurtling towards us again), I now do all of my planning, negotiating and actual shopping from the comfort of my armchair. And as a result, my buying habits have changed over the past few years. I no longer buy CD’s, I buy Apple iTunes cards. For my mother’s birthday, I didn’t buy her a book, I bought her an Amazon Kindle.
'Volatility, demand swings, and supply uncertainty are SCM trends ( I recently reported ). One of my primary research interests is in the area of supply chain resilience and I was particularly curious when I got the report Supply Chain Resilience 2011 into my hands. It reveals that 85% of the organizations surveyed experienced at least one supply chain disruption in the last twelve months.
The $53 trillion manufacturing economy in the US is undergoing a major automation paradigm shift due to Artificial Intelligence (AI). Thanks to new practical frameworks, automation projects that were once impossible or inefficient to implement are now being fast-tracked, and robotics automation is becoming increasingly relevant to a growing number of users and scenarios.
A key characteristic of best-in-class companies is their success in using inventory optimization (IO) and cash management techniques to free up working capital. The amount of a company’s working capital trapped in inventory can be expressed as days inventory outstanding (DIO). As DIO rises due to factors such as slower sales, longer supply chains, SKU proliferation, and higher obsolescence, return on capital employed drops, which can hamper a company’s ability to compete, especially
“If you want to go quickly, go alone. If you want to go far, go together.”. – African proverb. A critical issue for the automobile manufacturing industry, especially for those with SEC financial reporting requirements in the United States, is compliance with the Dodd-Frank legislation, or in other words, the soon to be finalized Conflict Mineral regulation.
“If you want to go quickly, go alone. If you want to go far, go together.”. – African proverb. A critical issue for the automobile manufacturing industry, especially for those with SEC financial reporting requirements in the United States, is compliance with the Dodd-Frank legislation, or in other words, the soon to be finalized Conflict Mineral regulation.
'Who said supply chains are boring? Whenever I tell a friend, colleague or family member about my job as soon as the words "supply chain" are muttered I immediately see glassy eyes followed by a yawn or two. Little do they realize that every time they discard or recycle a carton of milk they are completing the end of the supply chain cycle. Without supply chains consumers would be stuck using products that they had to make or grow with their own two hands.
'I recently discovered ResearchGate , which is a Cambridge and Berlin based social network for researchers. It is described by its founders as “Facebook for scientists” and helps scientists to collaborate with colleagues and find new publications. ResearchGate has implemented workgroups, which are invitation-only. Own workgroups can be created in order to collaborate in a closed and secure environment. “ResearchGate was built for scientists, by scientists, with the idea that sc
A key characteristic of best-in-class companies is their success in using inventory optimization (IO) and cash management techniques to free up working capital. The amount of a company’s working capital trapped in inventory can be expressed as days inventory outstanding (DIO). As DIO rises due to factors such as slower sales, longer supply chains, SKU proliferation, and higher obsolescence, return on capital employed drops, which can hamper a company’s ability to compete, especially
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
'You probably know ISBN, which identifies a specific edition of a book. But do you know what ISSN and DOI are? Similar to the International Standard Book Number (ISBN) for books, the International Standard Serial Number (ISSN) is an identifier for serials and other continuing resources. For example, the online ISSN of the Journal of Business Logistics is 2158-1592.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
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