Top 10 Supply Chain Risks in 2023 & How to manage them?
AIMMS
NOVEMBER 1, 2022
The post Top 10 Supply Chain Risks in 2023 & How to manage them? appeared first on AIMMS.
November, 2022
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Your Sales Plan is NOT a Forecast!
The Logistics & Supply Chain Management Society
NOVEMBER 22, 2022
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
NOVEMBER 8, 2022
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.
Top Solutions for Supply Chain Agility
Logistics Viewpoints
NOVEMBER 14, 2022
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.
Provide Real Value in Your Applications with Data and Analytics
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The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.
Piecing Together the SIOP Process
The Logistics & Supply Chain Management Society
NOVEMBER 22, 2022
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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Supply Chain Brief brings together the best content for supply chain and logistic professionals from the widest variety of industry thought leaders.
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Why Digitalizing Sourcing is a Must for Supply Chain Resilience
Logistics Viewpoints
NOVEMBER 8, 2022
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?
The Saga of Supply Chain Innovation
Supply Chain Shaman
NOVEMBER 13, 2022
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.
80% of UK businesses say Brexit caused the biggest supply chain disruption in the last 12 months
ivalua
NOVEMBER 28, 2022
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.
Uber Freight Deliver 2022: “A World We No Longer Live In”
Talking Logistics
NOVEMBER 16, 2022
“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
7 Leadership Themes for Procurement & Supply Chain Leaders in 2024
Advertiser: GEP
Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.
The Green Corridor: To Realise the Circular Economy Dream – Reach Out to Your Community
The Logistics & Supply Chain Management Society
NOVEMBER 22, 2022
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.
5 Questions About Safety Stock Calculations
Arkieva
NOVEMBER 1, 2022
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.
Editor’s Choice: Aluminum Can Shortage Defines a New Normal for Food Packaging
Logistics Viewpoints
NOVEMBER 17, 2022
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.
Improving Your Supply Chain Risk Management
C3 Solutions
NOVEMBER 30, 2022
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.
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
The CHIPS and Science Act of 2022: What It Means for the Future of Manufacturing
ivalua
NOVEMBER 8, 2022
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. .
Improving Supply Chain Resilience: How A Digital Supply Chain Orchestration Platform Can Help
Talking Logistics
NOVEMBER 14, 2022
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.
Top 10 Supply Chain YouTube Channels to Subscribe
SCMDOJO
NOVEMBER 8, 2022
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. .
The Battery Supply Chain Is Finally Coming to America
Supply Chain Brain
NOVEMBER 15, 2022
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. .
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.
Bayer Crop Science Tackles Shipment Visibility
Logistics Viewpoints
NOVEMBER 2, 2022
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.
Four growth tactics for manufacturer and distributor success
SYSPRO Smarter ERP
NOVEMBER 14, 2022
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
The Role of IT in Supply Chain!
Supply Chain Game Changer
NOVEMBER 3, 2022
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.
Supply Chain Weekly Wrap-Up 11/11/2022-11/18/2022
All Things Supply Chain
NOVEMBER 18, 2022
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…
The Art of Consistent Perfect Order Delivery: Smart Order Fulfillment Through Orchestration
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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.
Black Friday/Cyber Monday: Cost of Living Crisis Set to Increase Cyber Threat
IT Supply Chain
NOVEMBER 23, 2022
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.
The New Supply Chain Mindset: From Just-in-Time to Just-In Case
Supply Chain Brain
NOVEMBER 14, 2022
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.
Multiple Variable Standards: The Brains Behind Your Labor Management System (LMS)
Logistics Viewpoints
NOVEMBER 3, 2022
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.
The role of inventory management and inventory optimization in ERP
SYSPRO Smarter ERP
NOVEMBER 21, 2022
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.
Your Supply Chain Challenges, Solved!: 5 Guides
Advertiser: FourKites
Download these 5 comprehensive guides designed to solve the toughest challenges facing supply chains today. After helping 1,200+ of the world’s most recognized brands to enhance and optimize their supply chains, FourKites has crafted step-by-step guides to help you solve your business’s most pressing challenges. The guides include: reducing transportation costs, improving customer satisfaction, optimizing inventory management, increasing workforce efficiency, and achieving sustainability and ESG
How Supply Chain Can Accelerate Time to Market!
Supply Chain Game Changer
NOVEMBER 8, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. From Click to Ship in 4 Minutes! Ultimate Principles for World Class Fulfillment! Rapid or slow, or even delayed, time to market makes the difference between success or failure of your new products and/or services, and in turn your company. There are many factors that impact time to market either positively or negatively.
What is Inventory Replenishment & Why Does it Matter?
Unleashed
NOVEMBER 28, 2022
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.
Royal Mail strikes leading up to Christmas
IT Supply Chain
NOVEMBER 18, 2022
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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