February, 2020

The Seven Step Process to Reducing Supply Chain Lead Times

Demand Solutions

Are your lead times too long? Are customers and retail partners complaining that you move too slow? If you believe your firm’s lead times could be shortened, then they probably can. With these seven simple steps, you can work to optimize your supply chain and make the process more streamlined. Choose Suppliers Closer to You. Many firms choose to source outside their home country in order to take advantage of lower labor costs.

How Disruptions like Coronavirus Test The Resilience Of Supply Chain Planning

AIMMS

As the Coronavirus outbreak develops into a pandemic, people and businesses alike are feel ing its ripple effects. Manufacturers like Hyundai are experiencing a shortage of components that threaten s to halt production. L ogistics providers like Maersk are forced to announce blank sailings due to curtailed demand. Avenues of transport are declining as major cargo airlines, like Cathay Pacific , drastically reduce flights to mainland China and Hong Kong.

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What Is Demand Sensing and How Do You Get Started?

ToolsGroup

“Good old supply chain. It just gets simpler every year!”. said no VP of supply chain ever. . We’ve created quite a monster with all the sophisticated tools we use to influence demand with pricing, new product introductions and promotions. Internet-fed trends are changing at hyper-speed. As businesses use more “levers” to influence demand, demand variability grows. The good news is that you can model those levers to actually reduce variability and guarantee service to customers.

Get Your COV On….

Supply Chain Shaman

…the weekend is just around the corner. Happy Valentine’s Day to all my blog readers. This is my 440th blog post and the tenth anniversary Supply Chain Shaman. It seems hard to believe that I have been typing away over these years building an audience of over 20,000 global readers. My friends would tell me to relax and get my Groove on b ut, I find myself deep into a presentation for a client’s design thinking session next week.

New Buyer's Guide for Supply Chain Network Design

Many companies are looking to redesign their supply chain network to lower costs, improve service levels and reduce risks in the new year. To do this, teams are finding that they need to perform network assessments more regularly and in-house. Scenario modeling is emerging as a key capability. To help you start 2021 strong, we updated our popular Buyer's Guide for Supply Chain Network Design Software with research insights and learnings.

Observations on Artificial Intelligence in the Supply Chain Market

Logility

With 2020 well underway, it’s a great time to pick a hot industry topic and subject it to a “state of the state” evaluation. And where better to start than Artificial Intelligence (AI) in the supply chain market? During this frothy, buzzword-laden phrase, we’ve seen a lot of shiny objects competing to exploit legitimate excitement around Artificial Intelligence, and in the process they may be creating confusion. Exhibit A: AI-powered yoga pants.

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Companies Get Serious About Climate Change

Enterra Insights

Everyone is familiar with the canary in the coal mine analogy. Currently, there are a couple of such canaries on the world stage — Venice and Australia. Venice is flooding and Australia is burning. Both situations are attributed to and exacerbated by climate change. McKinsey analysts Dickon Pinner and Kevin Sneader ask, “Does your business treat climate change as a far-off risk, something for the future but not a priority today?”[1] ”[1] They warn, “That’s a mistake.

Food Chain Transparency – One of tomorrow’s most important supply chain goals?

All Things Supply Chain

A few weeks ago, I overheard a conversation in a rural private household about whether it would be worthwhile to keep their own laying hens in order to remain independent… General Supply Chain Management Transparent Tuesday food supply chain supply chain management supply chain transparency transparent tuesday

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Data is the New Fuel for Transportation and Logistics

Descartes

A couple of years ago, The Economist published an article claiming the world’s most valuable resource is no longer oil, but data. The main point of the story is that, while oil has been the dominant commodity for the last 150 years—and those who controlled oil created huge wealth and influenced global economies, government policy, and trade—the shift today is away from oil to those that control data: Google, Amazon, and Facebook.

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Track and Trace in the Food Supply Chain: Eggs

Shipchain

Modern-day food supply chains are extremely complex. Especially in today’s age in which recalls are seemingly an everyday occurrence, consumers are wary of what’s on their plate. Thankfully, ShipChain’s Track and Trace Platform tackles this lack of trust by bringing visibility to the food supply chain via blockchain technology. If you’re scratching your head and wondering what that actually means, let me explain. Let’s talk about that carton of pasture-raised organic eggs in your fridge. .

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Become a Walmart On-Time In-Full Guru With the Ultimate Guide to OTIF!

Information on Walmart’s On-Time In-Full program is scattered, so we’ve put together everything you need to know about OTIF. Download this ebook to get the skinny on OTIF metrics, identifying the root cause of issues, and how to improve your scores!

Closing the Gap Between Planning and Execution

Logistics Viewpoints

Closing the gap between planning and execution is a long-term concern of supply chain executives. It is not easy to do. New thinking is emerging to help in this area. Sales & Operations Execution (S&OE) is emerging as a new discipline in this area. The post Closing the Gap Between Planning and Execution appeared first on Logistics Viewpoints. S&OP S&OE

11 Inventory Management Best Practices & the Role of Technology

Cerasis

Supply chain leaders are continuously looking for ways to improve inventory management, and the role of technology in the supply chain offers significant advantages. Instead of relying on traditional, outdated inventory management best practices, supply chain leaders should follow these 11 steps to leverage technology and improve inventory management at last. Use ABC Analysis.read More.

Coronavirus and Supply Chain Leaders: 9 Must-Know Threats

River Logic

Risk Management Supply Chain Optimization Supply Chain Planning

Enterprise Labeling is Essential for Meeting High Traceability Standards

Loftware

Traceability around the world can help supply chains improve. Counterfeiting Regulatory Retail Manufacturing Labeling Transportation & Logistics Logistics Track & Traceability Standardization Barcode Labeling GS1

The Five Worst Practices in Procurement

The GEP white paper lists 5 common mistakes that impede the success of procurement professionals. Learn from industry veteran Bill Huber about the wrong and right ways to approach a procurement mandate and why just saving money isn’t enough. Download this report now to learn how to avoid the worst procurement practices.

Coronavirus and the Trade War: A Perfect Storm Argument for SMB Supply Chain Diversification

Freightos

The coronavirus outbreak has the whole global community concerned and hoping for the swift containment of this humanitarian crisis. . In addition to the terrible human cost, the virus is also sending ripples throughout the global supply chain. The two recent crises in global trade – the outbreak and the US-China trade war – show how vulnerable small and medium size businesses (SMBs) can be to shocks to the supply chain, but also point to ways to mitigate that risk.

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The Supply Chain of Your Valentine’s Day Flowers

Kuebix

The History of Valentine’s Day Valentine’s Day existed in a variety of forms before settling into its fixed date of February 14th. It can be traced all the way back to a mid-February holiday on the ancient Roman calendar, existing as a day to celebrate the possibility of new life even before Saint Valentine was […]. The post The Supply Chain of Your Valentine’s Day Flowers appeared first on Kuebix.

What is Inventory Forecasting?

EMERGE App

What is Inventory Forecasting? You must surely know the story of Goldilocks and the Three Bears? Wait, what has this got to do with inventory forecasting? The Goldilocks Principle of having something that is not too hot and not too cold has been used for everything from the search for habitable Earth-like planets to inventory management, and of course, the perfect porridge temperature.

Will coronavirus affect your supply chain?

DAT Solutions

Coronavirus is getting a lot of attention, but it hasn't had much impact on domestic freight in the U.S. so far. If the slowdown in Chinese exports continues beyond the end of February, however, the effects could ripple through worldwide supply chains and reduce demand for freight transportation here. Trucking will likely be the last transportation mode to be affected. Trucking Industry Trends

How Georgia-Pacific Turned Their Supply Chain into a Competitive Advantage

Georgia-Pacific, one of the world's leading manufacturers of tissue, pulp and paper and supplier to top brands like Brawny, Angel Soft and DIXIE, trusts ClearMetal for their supply chain requirements. Read the case study to hear how one company turned the reliability and transparency of its supply chain into distinct competitive advantages.

2020 The Year To Address The Elephant in Every Room – Data

ivalua

North Carolina State Poole College of Management recently produced this 28 page report entitled “ 2019 Supply Chain Data Quality and Governance Study ”. The report contains some great illustrations of the current state of Data governance across the organizations that were surveyed, with a specific focus on the supply chain. In this blog, I have attempted to extrapolate some of the main points shared by those who are winning, or at least, not losing the war on bad data.

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Is Your Supply Chain Ready for 2020?

DynaSys

Are you ready for the future? 2020 is not science fiction anymore, it’s right now. . Faced with an unstable economic environment in which change is the only certainty, companies are operating today in a new world. Global trade, geopolitics, climate changes, natural disasters, digitization, the increasing demand for customer flexibility and the volatility of consumer demand increase supply chain complexity.

The Ever-Expanding Role of AI and AR in Food Logistics

Cerasis

The food supply chain is unlike any other. While electronics, automotive, and consumer goods’ supply chains promote their products, the food supply chain represents a basic human necessity–food. As a requirement to everyone, foods and beverages deserve a highlighted view of the use of new technologies, including artificial intelligence (AI) and augmented reality (AR) to.read More.

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3 Supply Chain Trends to Keep an Eye on in 2020

AIMMS

2020 seemed a world away just a few years ago and yet, here we are. This promises to be a very eventful year. What’s on the horizon for supply chain professionals? Here are three trends to consider. . Sustainability on the agenda. Compani es are increasingly under pressure to become more green. Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall.

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Mission Critical: Leveraging Learning Engineering to Drive Digital Transformation

Speaker: Trish Uhl, Founder of Owl's Ledge LLC and the Talent & Learning Analytics Leadership Forum

Digital is disrupting every part of an organization's value chain at a record pace, creating a critical need to transform operations and employees' ways of working. Formal training alone can't keep up; it's often too slow, too generic, inconvenient, inefficient, unduly expensive and lacks or lags methods for measuring business-related effectiveness. Trish Uhl show you how to start leveraging Learning Engineering, a multidisciplinary approach that combines modern technology, data analytics, decision science, learning sciences and change management with human-centered engineering design methodologies to ultimately deliver targeted learning outcomes and business results that keep pace with the business and merge learning into the flow of work and lead Digital Adoption.

Coronavirus: Implications for supply chains and the people who power them

Kinaxis

by Jay Muelhoefer Today’s global supply chain leaders know to expect the unexpected. They prepare for natural disasters, sudden regulatory changes, social and economic shifts, and even cyber attacks. But some events are more disruptive than others. The recent outbreak of coronavirus has shaken communities and put companies that rely on manufacturing from facilities in Wuhan, China at risk.

Is S&OP Excellence Slip Slidin’ Away?

Supply Chain Shaman

At what point does erosion cause the side of a mountain to give way? It is usually the small shifts… over time, there is degradation. And, then suddenly, the mountain gives way collapsing to the land below. S&OP Slip Slidin’ Away. …the same is happening in supply chain processes.

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Is Demand Sensing Right for your Business?

Logility

The accuracy of conventional time-series forecasts eventually hits a ceiling. Because historical data is a flawed predictor of supply chain conditions over a short period of time. Even high-volume consumer packaged products with well-understood seasonality established over decades continue to experience high near-term forecast error rates. Consider adding demand sensing to your planning mix.

Overcome Manufacturing Supply Chain Challenges with Digital Planning

ToolsGroup

The manufacturing industry has a strong heritage of adopting game-changing technologies to deliver higher quality products more efficiently. With the introduction of digital supply chains, the industry is moving into an era arguably on par with the industrial revolution. But Rome wasn’t built in a day, and digital roadmaps that align with company goals do not take shape overnight.

Webinar on Demand: Resilient Supply Chain Network Design

Speaker: Bhomik Jain, Paul van Nierop & Aanand Pandey

Companies around the world are struggling to cope with COVID-19 disruption. Are supply chain networks resilient enough to weather the storm? Watch this webinar to learn about our research findings in the realm of network design and optimization, and uncover the capabilities you need to build resilience and agility.