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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5 Steps to 100% Inventory & Asset Accuracy: A Warehouse Manager’s Guide to RFID

We’re excited to share a guide created in collaboration with our partners at Zebra and T&W Operations, experts in RFID Smart Solutions. The guide is “5 Steps to 100% Inventory & Asset Accuracy.” It highlights the use cases, benefits, and challenges of implementing RFID into your warehouse and supply chain operations and finding the right partner to get you there.

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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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Why Digitalizing Sourcing is a Must for Supply Chain Resilience

Logistics Viewpoints

As global supply chains continue to tackle ongoing disruptions, one major headwind that most organizations are faced with is the inflationary environment we are living through. This is starting to mount cost pressures just at the time when additional investments are needed to build resilience. So, how can organizations tackle the inflationary environment by finding significant cost savings opportunities while improving resiliency?

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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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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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5 Questions About Safety Stock Calculations

Arkieva

There are various approaches to safety stock calculations. This blog previews a free webinar that sheds light on the pros and cons of each. 5 Questions About Safety Stock Calculations was first posted on November 1, 2022 at 7:41 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement.

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Geopolitical & Regulatory Issues: The Path Forward in Supply Chain & Logistics

Speaker: Lisa Anderson, MBA, CSCP, CLTD - President of LMA Consulting Group, S&OP Expert, and Speaker

The world of supply chain and logistics has been plagued with volatility, disruptions, and increased regulations. Several issues are converging simultaneously, creating a precarious path forward. In this webinar, we will talk about the current status of the supply chain and what the successful and unsuccessful paths forward will look like. Join demand planning and SIOP expert Lisa Anderson for a riveting discussion evaluating the geopolitical landscape and looking at the bigger picture to create

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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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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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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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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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Future Focus: Constructing Unshakeable Stability in Your Manufacturing Supply Chain

Speaker: Jay Black, Senior Account Executive

We’ve all heard the buzzwords to describe new supply chain trends: resiliency, sustainability, AI, machine learning. But what do these really mean today? Over the past few years, manufacturing has had to adapt to and overcome a wide variety of supply chain trends and disruptions to stay as stable as possible. Stability has become key in this post-COVID world, and will remain key moving forward.

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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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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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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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Black Friday/Cyber Monday: Cost of Living Crisis Set to Increase Cyber Threat

IT Supply Chain

By Allen Downs (pictured). Vice President Security & Resiliency Services, Kyndryl. The post Black Friday/Cyber Monday: Cost of Living Crisis Set to Increase Cyber Threat appeared first on IT Supply Chain.

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ESG Reporting: It Is Inevitable, But It Doesn’t Mean That It Must Be Complicated

In these challenging times, climate change must inevitably be a top-of-mind priority. We need to act now by making the right decisions. 2022 was the year of corporate commitments to sustainability, and 2023 is the year where promises become proposals, mission statements become metrics, and aims become actions. New regulations have been set regarding the corporates, and they must comply.

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Top Supply Chain Trends for 2023 and Beyond

Logistics Viewpoints

Inflation is Broad Based. As we near the end of the year, many supply chain executives will become embroiled in their firm’s annual strategic planning process. Before executives do that, it is worth reviewing the top trends that will be impacting supply chain management for the coming year and beyond. What follows are the top trends executives need to be paying attention to before their strategic planning meetings commence.

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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 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 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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Return to Success: Streamlining Returns in the Supply Chain for Enhanced Efficiency

Speaker: Cathy Morrow Roberson, Research Manager for the Reverse Logistics Association

In today's competitive business landscape, providing a seamless return experience and maintaining an efficient supply chain are critical to customer satisfaction and loyalty. Businesses need to leverage advanced tracking systems and data analytics to identify bottlenecks and improve supply chain visibility. Efficient return management stands as a crucial strategy for optimizing the supply chain.

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10 supplier management best practices and strategies

Taulia

Supplier management is the term used to describe the processes of selecting and managing suppliers or vendors. It’s a hugely important element of operations for most companies, having a significant impact on costs, manufacturing, and cash flow. Getting the best performance from your suppliers, while also ensuring you’re contributing towards a stable long-term relationship, can pay off in meaningful ways.

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Logistics companies thinking outside the box on automation

IT Supply Chain

By Jo Bradley (pictured). Business Development Manager, Sparck Technologies. The post Logistics companies thinking outside the box on automation appeared first on IT Supply Chain.

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Editor’s Choice: Tips for Trucking Companies to Decrease Their Insurance Premiums

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 Emerge and offers tips for trucking companies to decrease their insurance premiums. The number of accidents in the trucking industry is up, and so are insurance premiums.

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What is Inventory Replenishment & Why Does it Matter?

Unleashed

Inventory replenishment is reordering stock in the right quantities, at the right time. Too much inventory can increase costs, limit cash flow, and leave you with expired stock. Too little, and you risk disappointing customers with slow fulfilment times. An optimised inventory replenishment strategy ensures items are reordered from suppliers in time to meet demand, while preventing overstocking of products, raw materials, and parts.

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eCommerce Sustainability: A Comprehensive Look at 2023 Consumer Attitudes

Sifted surveyed 500 consumers to understand their attitudes toward sustainable shipping practices. Their report outlines how important it is to them, how price impacts that importance, and what sacrifices they're willing to make for greener shipping.