November, 2022

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Top 10 Supply Chain Risks in 2023 & How to manage them?

AIMMS

The post Top 10 Supply Chain Risks in 2023 & How to manage them? appeared first on AIMMS.

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Your Sales Plan is NOT a Forecast!

The Logistics & Supply Chain Management Society

Your Sales Plan is NOT a Forecast! by Jeff Harrop – Supply Chain Educator and Consultant. Man is the only animal that laughs and weeps, for he is the only animal that is struck with the difference between what things are and what they ought to be. – William Hazlitt (1778-1830). A Ferrari has a steering wheel. A fire truck also has a steering wheel.

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4 Keys for Unlocking a Successful Logistics Partnership

Talking Logistics

Logistics remains fragmented and broken, and nearly every participant in the ecosystem is struggling. Cross-border freight with Mexico is a $70.3 billion market, but ongoing strains from shipping delays, looming driver shortages, and fluctuating consumer prices have exposed the fragility of our global supply chains – making the need for industry-wide transformation more urgent than.

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Top Solutions for Supply Chain Agility

Logistics Viewpoints

Digital Twin from Infor Nexus Drives Supply Chain Agility. When it comes to driving supply chain agility there are several solutions that are important, but the key solution is a Multi-enterprise Supply Chain Network (MSCN). A multi-enterprise supply chain network platform provides network-based order fulfillment applications and/or advanced network-based supply chain risk analytics.

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Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

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Piecing Together the SIOP Process

The Logistics & Supply Chain Management Society

Piecing Together the SIOP Process. by Madeline Smith , Supply Chain Management Consultant at Clarkston Consulting. Sales, Inventory, Operations Plan (SIOP) is a process within many successful supply chain organizations that recognizes the integral relationship between all departments in the company, but how do you piece together an SIOP process? Read below for a guide to solving the SIOP puzzle for your organization. .

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Managing Risk Through Better Communication

C3 Solutions

Do you know the risks your supply chain operation is facing?

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The Saga of Supply Chain Innovation

Supply Chain Shaman

This November is a layoff season. As pink slips ripple through Silicon Valley to over 120,000 workers following a time of overexuberant hiring, it is a time for both sadness and reflection. The end of this chapter in Big Tech occurs, it is time for a reality check. As supply chain leaders face heightened demand uncertainty and extreme supply chain disruption, the answer is not going to come from Silcon Valley.

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80% of UK businesses say Brexit caused the biggest supply chain disruption in the last 12 months

ivalua

83% fear the biggest disruption from Brexit is yet to come, while increasing supply chain disruption caused revenues to drop by an estimated 18%. London, UK, 28th November, 2022. Research from Ivalua , a leading global spend management cloud provider , has revealed that 80% of UK businesses say that Brexit has been the biggest disrupter to supply chains in the last 12 months, while 83% fear the biggest disruption from Brexit is yet to come.

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Editor’s Choice: Aluminum Can Shortage Defines a New Normal for Food Packaging

Logistics Viewpoints

Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article is from Chetan Chaudhari at GEP and examines the ongoing aluminum can shortage. This shortage is the culmination of various ongoing issues – geopolitical tensions related to the Russia-Ukraine war, the rapid shift in consumer buying behavior and container freight availability.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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The Green Corridor: To Realise the Circular Economy Dream – Reach Out to Your Community

The Logistics & Supply Chain Management Society

The Green Corridor: To Realise the Circular Economy Dream – Reach Out to Your Community. by Timothy Foote , Founder of Susymbio. Buy, use, and toss. That is the experience a consumer has when they are well … consuming! When we dispose of something though, is that really the end? In the case of fruit and vegetable peelings for instance, I actually use them as material for composting, for my garden.

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Uber Freight Deliver 2022: “A World We No Longer Live In”

Talking Logistics

“The logistics industry was built for a world that we no longer live in.” If you had to boil down why the past two years have been so challenging for supply chain and logistics professionals into a single sentence, that would be it. The quote is by Lior Ron, CEO of Uber Freight, from his. Read more Uber Freight Deliver 2022: “A World We No Longer Live In” The post Uber Freight Deliver 2022: “A World We No Longer Live In” appeared first on Talking Logistics with Adrian Gon

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Supply Chain Platforms for Complex Defense Organizations

The Network Effect

The post Supply Chain Platforms for Complex Defense Organizations appeared first on The Network Effect.

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Improving Your Supply Chain Risk Management

C3 Solutions

Before 2020, the global supply chain seemed almost untouchable, a well-oiled machine that kept the global economy turning. Risk mitigation and supply chain resiliency wasn’t the top priority for businesses.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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The CHIPS and Science Act of 2022: What It Means for the Future of Manufacturing

ivalua

US Government Passes the CHIPS Act to Increase Semiconductor Manufacturing and Research. On August 9th, 2022 the US CHIPS and Science Act, now more commonly known as the CHIPS Act, was passed into law. The CHIPS Act was created in response to pandemic-induced shortages of semiconductors and other critical manufacturing supplies, causing widespread disruption to supply chains across the country. .

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Bayer Crop Science Tackles Shipment Visibility

Logistics Viewpoints

At the end of September, I attended FourKites Visibility 2022 in Chicago, IL. As the tagline said, I was there to learn, connect, and be inspired. Those were certainly three things that happened. I was also fortunate to moderate a panel that explored a partnership approach to supply chain optimization. In that panel, I spoke with Johnny Ivanyi, Global Director of Distribution Excellence at Bayer Crop Science and Julie Tokars, Logistics Planner at Nestle USA.

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Long Range Manufacturing Capacity Planning: Are You Planning to Fail?

CHAINalytics

This blog post is the first of a two-post series on Long Range Manufacturing Capacity Planning and its implementation. You will find a link to the second post, when available, here. “Failing to plan is planning to fail,” goes the famous adage, emphasizing the essential nature of timely preparation. Long Range Manufacturing Capacity Planning aligns … The post Long Range Manufacturing Capacity Planning: </br>Are You Planning to Fail?

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Improving Supply Chain Resilience: How A Digital Supply Chain Orchestration Platform Can Help

Talking Logistics

As we near the end of 2022, supply chain and logistics executives are busy preparing their strategies, plans, and budgets to deal with the inflation, uncertainty, and risks that are clouding the year ahead. One key objective for dealing with these challenges is improving supply chain resilience, which includes improving supply chain visibility capabilities and.

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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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Top 10 Supply Chain YouTube Channels to Subscribe

SCMDOJO

YouTube is a fantastic platform offering a unique feel to social media exploration and learning the latest trends in Supply Chain from professionals. YouTube provides a unique medium for businesses to grow, share thoughts, and explain processes using a more graphical approach. Supply Chain YouTube channels are one to look out for as they share many business-related ideas. .

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Supply Chain Risk: How to Manage the Unavoidable

C3 Solutions

Nothing is without inherent risk. Even something as simple as getting out of bed or pouring coffee in the morning poses some risk. But since these are small, we pay little or no attention.

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The Battery Supply Chain Is Finally Coming to America

Supply Chain Brain

Redwood Materials Inc., the battery recycling company, has reached a deal to supply Panasonic with billions of dollars in critical battery components that will be produced in the U.S. for the first time. .

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Multiple Variable Standards: The Brains Behind Your Labor Management System (LMS)

Logistics Viewpoints

How to Get the Most Out of Your Labor Management System Using Engineered Labor Standards to Impact Warehouse Output. You were smart enough to invest in a tier one labor management system (LMS), but is your LMS smart enough to deliver the productivity you expected? Like any intelligent system, your LMS is only as smart as the quality of content you feed it and the ability to quantify that information.

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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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Four growth tactics for manufacturer and distributor success

SYSPRO Smarter ERP

It is no secret that the manufacturer and distributor sectors have been some of the hardest hit by the global health crisis and recent geopolitical instability. In many cases this has forced decision-makers to take a step back and reassess the bigger picture and implement changes where necessary to meet the growing need for agility and resilience. At the center of many of these changes is a re-tooling which has seen the integration of key digital technologies designed to help businesses cope wit

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The New Supply Chain Landscape: Why Moving Up the Supply Chain Spectrum Is Imperative

Talking Logistics

Thanks to disruptive events over the past two years, supply chains have become central to business success, forcing CEOs and other business executives to spend a much larger portion of their time and strategies focused on this once afterthought of their operations. What has changed? What will the business environment be like moving forward? Why. Read more The New Supply Chain Landscape: Why Moving Up the Supply Chain Spectrum Is Imperative.

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The Role of IT in Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Thoughts on Future Challenges and the Strategic Direction of Supply Chain! Supply chain management is an important aspect of every business because it ensures your business gets the supplies, resources, and materials it needs to fulfill services or deliver products to customers. However, the modern supply chain has become increasingly complex and challenging to manage.

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Supply Chain Weekly Wrap-Up 11/11/2022-11/18/2022

All Things Supply Chain

Ukraine says Grain Deal will be Extended Following a United Nations brokered deal, to allow exports of Ukrainian grain from the Black Sea, is set to be extended by a…

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The Art of Consistent Perfect Order Delivery: Smart Order Fulfillment Through Orchestration

Shippers and logistics service providers are pressured to match the “Amazon effect” for fast and efficient service across multiple B2C, B2B, and D2C channels. Perfect order delivery - on-time and in-full at the lowest possible cost – is critical. However, recent surveys of supply chain stakeholders reveal that many don't have the technology necessary to achieve it.

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The New Supply Chain Mindset: From Just-in-Time to Just-In Case

Supply Chain Brain

The new generation of consumers is changing demand patterns, making them more unpredictable than ever before.Succeeding under these conditions begins with three simple changes.

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Royal Mail strikes leading up to Christmas

IT Supply Chain

By David Strauss (pictured). VP, Strategic Partner & Enterprise Solutions at e2open. The post Royal Mail strikes leading up to Christmas appeared first on IT Supply Chain.

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The role of inventory management and inventory optimization in ERP

SYSPRO Smarter ERP

Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. Physical space used by stock comes at a cost – inventory ties up cash and working capital which could be better deployed elsewhere. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.