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Supply chain management books that are praised by supply chain executives, consultants and supply chain management professionals at all levels. Background In dynamic supply chain management environment, people have to make the quick and decisive actions against various issues. This can only be achieved by the knowledge and skills of the team. Then companies try to motivate staffs to continue developing their skills on regular basis.
Editor's Note: Due to the Thanksgiving holiday, there will be no blog post next week. In 2016, it seemed as if everyone in supply chain was looking to improve their forecasting performance. Companies sought to implement (or re-implement) planning technology solutions, tune and optimize methodologies towards tighter variances, and integrate more accurate information into their planning processes.
Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. True, they may know how to roll out big data in a single warehouse, or they may have heard their competitors used branded systems for implementing this new technology. However, the fundamental problem remains.
Slowly, more and more companies are waking up to the cold, and hard facts. Financial balance sheet improvements cannot be driven by traditional supply chain processes. In the words of a supply chain leader yesterday, “Lora, please give me stories of success. I have personally experienced the failure. Lift my soul by sharing some success stories.” This is my new mission.
by Bill DuBois Today’s supply chains are more complex than ever before. Businesses are facing greater volatility, more uncertainty and unprecedented and unexpected risks. The time it takes to make critical decisions is lengthening, dramatically cutting into companies’ bottom lines. Why? In large part due to the negative impacts of poor collaboration.
Freight Audit may not be the sexiest aspect of transportation management, but that doesn’t mean it doesn’t play a critical role in helping companies effectively manage and control their transportation spend, as well as provide valuable insight to drive continuous improvement. The first step is understanding the value levers of freight audit and how to leverage them effectively to realize those benefits.
Freight Audit may not be the sexiest aspect of transportation management, but that doesn’t mean it doesn’t play a critical role in helping companies effectively manage and control their transportation spend, as well as provide valuable insight to drive continuous improvement. The first step is understanding the value levers of freight audit and how to leverage them effectively to realize those benefits.
Big data will be a defining force in the future of logistics, but the benefits of big data are already being felt. Before thinking about future possibilities, you need to understand how it is currently being leveraged, According to Katrin Zeiler , supply chain entities will be able to lower overall operating costs, create and test newer business models, develop and maintain a higher standard in customer service and attain unsurpassed efficiency.
Pundits toss around a lot of names for times in which we live — the Computer Age, the Information Age, … Continued. The post Digital Supply Chains Can Make the World Less Frightening appeared first on Enterra Solutions.
by Trevor Miles For Global Supply Chain Visibility and Faster Decision Making. My earlier blog talked about what the Sensing + Intelligent + Social Supply Chain is. So why do you need one? If you’re experiencing supply chain pain points around lack of visibility, slow decision making, or poor collaboration, these may be the symptoms that will help answer that question.
Introduction. In the last 30 years S&OP improved performance in many businesses. However, S&OP has not yet substantially delivered on its ultimate promise of enterprise wide resource management, rolling financial forecasting and strategy deployment. Whatever maturity model or consultancy support companies use, S&OP seems to get stuck. Worse, overall S&OP development and progress seems to have stalled.
“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.
The amount of information and improvement possible through big data can be overwhelming. Unfortunately, this may lead some supply chain managers or executives to simply avoid the topic until a more cohesive understanding of its possibilities can be made. Meanwhile, stakeholders do not get to reap the rewards of this new tech trend , and the overall enterprise suffers without realizing it.
Every leaf from every tree on my street somehow landed on my lawn overnight. With hours of raking ahead of me, let’s go straight to this week’s supply chain and logistics news… Koch Agrees to Invest over $2 billion in Infor. Infor Delivers Next Generation Cloud-based Supply Chain Planning Suite. Amazon.com’s Marketplace Concept Spreads to Other Retailers (WSJ- sub. req’d).
by Dr. Madhav Durbha I love talking to customers and prospects! Each of these interactions provide me with an opportunity to meet someone new, learn about their business, their challenges, dreams, and aspirations. The topic that often comes up in these conversations is Sales & Operations Planning (S&OP). While S&OP as a discipline has been around for over two decades, it has been generating great interest recently.
Introduction. In the last 30 years S&OP improved performance in many businesses. However, S&OP has not yet substantially delivered on its ultimate promise of enterprise wide resource management, rolling financial forecasting and strategy deployment. Whatever maturity model or consultancy support companies use, S&OP seems to get stuck. Worse, overall S&OP development and progress seems to have stalled.
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
Big data applications are already impacting supply chain entities around the globe, but some of its most interesting possibilities may have yet to be realized. Since the digital universe will expand to more than 40 trillion gigabytes by 2020, reports Jim Taylor of Inbound Logistics , future possibilities through big data may not even be fathomable. However, the current progression of big data does give rise to some very tangible benefits to your company within the next five years. 6 Benefits to
This blog post was co-authored by Lionel Albert, Oracle's Senior Director EMEA, Manufacturing and Supply Chain Planning. Generations of children have asked their parents how Santa can deliver so many presents around the world in just one night. While they might assume it’s magic, manufacturers and retailers know that making holiday wishes a reality isn’t that simple.
This process can be straight forward but a little extra care and knowledge will ensure you achieve the best warehousing and/or transport solution for your business.
Often the ultimate goal of a supply chain planning professional is to optimize the capabilities of the company’s supply chain to meet customer requirements while minimizing costs and maximizing company performance. Despite its importance, this goal is often unreached—and if it is reached, it may last only a short time. Why? Because supply chains are ever-changing, driven by changing customer requirements, supply chain characteristics, industry dynamics, and company objectives.
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
Within e-commerce, unpredictability is a constant factor. Flexibility in the supply chain, therefore, becomes critical. This can be derived from implementing the right software and automated systems that can support the fluidity that e-commerce requires. The flowering of e-commerce—while welcomed by most manufacturers and distributors/retailers—has introduced far more risk and complexity for logistics managers.
by Sarah Miller, Business Writer, AF Logistics Online businesses understand that timing can mean everything in the world of supply. The post The Importance of Real-time Information in Retail Supply Chain Management appeared first on The Network Effect.
Optimization and Operations Research have been around for the past 60-70 years, with their origin in World War II. However, in the past optimization has always been in the realm of specialist knowledge with a niche focus. It is only in the past few years that it has taken up a new avatar in the form of Prescriptive Analytics and started being taken seriously as a business user tool.
Does your team face the challenge of having too many options in the supply chain planning space? With a plethora of solutions available today and the desire to move away from homegrown solutions and spreadsheets (see Are Spreadsheets Sabotaging Your Supply Chain ), some more capable than others, you may feel a bit like a kid in a candy store. It’s hard to know what you need and what you don’t.
What is Remote-Insourcing? Sounds like an oxymoron, right? Not anymore. Remote-Insourcing isn’t outsourcing—it’s a revolutionary staffing model that lets our clients fill key entry-level positions with top-tier, loyal, long-term talent, integrated seamlessly into their businesses—just like local employees but without the turnover or W2 HR hassles. With under 4% unwanted attrition, you train once and keep the same team for years.
The old barriers are gone. Suddenly, anything seems possible. Even five years ago, starting a manufacturing or distribution business—or aggressively growing an existing one—meant making a major financial commitment to computing technology. You couldn’t think in terms of, “How soon can we get this product line on the shelves?” Instead, you had to ask, “How long will it take to purchase and build out our hardware infrastructure, implement a new software platform
Nucleus Research has a new report out, The Control Towers Value Matrix 2016, which surveys the landscape of Supply Chain. The post Supply Chain Control Towers: The State of the Art appeared first on The Network Effect.
Sometimes it doesn't. Can you imagine start your week like this? So, what can you do to ensure that employee safety is a priority in your distribution center or manufacturing plant? Please leave a comment below.
Does your team face the challenge of having too many options in the supply chain planning space? With a plethora of solutions available today and the desire to move away from homegrown solutions and spreadsheets (see Are Spreadsheets Sabotaging Your Supply Chain ), some more capable than others, you may feel a bit like a kid in a candy store. It’s hard to know what you need and what you don’t.
Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.
The old barriers are gone. Suddenly, anything seems possible. Even five years ago, starting a manufacturing or distribution business—or aggressively growing an existing one—meant making a major financial commitment to computing technology. You couldn’t think in terms of, “How soon can we get this product line on the shelves?” Instead, you had to ask, “How long will it take to purchase and build out our hardware infrastructure, implement a new software platform
By Erik Diks | Managing Director, Europe | Chainalytics In October 2016, a team of supply chain experts met in Amsterdam at the Chainalytics Executive Roundtable to discuss the complex web of global, local and internal economic, technological, geopolitical and strategic trends and challenges facing European supply chains: Economic Trends Interest rates have been very … The post European Supply Chains: Challenges Ahead!
The U.S. government is making a big push for pharma traceability, hoping to quell the amount of counterfeit drugs imported into the country. But that’s no easy feat in such a huge supply chain. The pharmaceutical industry is continuously facing the challenge of balancing expenditures and returns. Companies shell out funds to develop novel drugs and respond to demands by different consumers, healthcare providers, and logistics providers, all while trying to reduce R&D costs.
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