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In many digital transformation-focused discussions, the “enterprise” and the “supply chain” are separate conversations. Separating the discussions is a mistake. Lora Cecere ( @lcecere ), founder of Supply Chain Insights, insists, “The supply chain IS Business, not a department within a business.”[1] In other words, the enterprise and its supply chain must transform in lockstep.
Transportation Management Systems (TMS) can be transformative tools. If correctly selected and implemented properly, a TMS can deliver 5% to 10% a year in freight savings and related efficiencies, according to many estimates. That’s the exciting part. The not-as-exciting, though essential, part comes in deciding how to develop and implement such a system.
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.
Remember the Peter, Paul and Mary song, Puff the Magic Dragon ? It was a song from my youth. While there is a raging debate on song intent— Was the goal of the song to celebrate a children’s story from Oliver Wilde about the loss of innocence or is it a statement about the use of drugs? —in this blog, I am going to rely on the account of the songwriter, that the song is a childhood story about a dragon that lived in Honalee.
The $53 trillion manufacturing economy in the US is undergoing a major automation paradigm shift due to Artificial Intelligence (AI). Thanks to new practical frameworks, automation projects that were once impossible or inefficient to implement are now being fast-tracked, and robotics automation is becoming increasingly relevant to a growing number of users and scenarios.
Over my 25+ year supply chain career I have worked for several distribution-intensive companies and every single one of them had a focus on improving forecast accuracy. Achieving a high SKU level forecast accuracy is a top goal for supply chain planning teams regardless of industry, size, location, etc. It’s no secret that an improvement in forecast accuracy, especially at the SKU level, can have a significant impact in reducing downstream supply chain costs and improving customer service levels
Additive manufacturing, or 3D printing, has been around in one shape or form for a while. The process essentially entails building a three-dimensional object from computer-aided design (CAD) to add material layer by layer until a final product is complete. The use cases for 3D printing cover most anything you can imagine. In fact, recently, while on a weekend ski trip with friends, my buddy John was riding the chairlift with two women from France […].
Additive manufacturing, or 3D printing, has been around in one shape or form for a while. The process essentially entails building a three-dimensional object from computer-aided design (CAD) to add material layer by layer until a final product is complete. The use cases for 3D printing cover most anything you can imagine. In fact, recently, while on a weekend ski trip with friends, my buddy John was riding the chairlift with two women from France […].
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Strategic Supplier Relationship Management – Do’s and Don’ts. Regardless of what industry your company is in you are dependent on suppliers to operate your company. Thus it makes sense to have a Supplier Relationship Management program. Suppliers provide components for products you manufacture and sell.
From a small local player …. When I joined “DynaSys SA”, 16 years ago, the company was an independent French provider of Supply Chain software. Everything was done locally at that time: R&D, Sales Rep, Project Management team, and Executives were in the same building. For any question, you just had, in the worst case, to climb two floors up to ask it directly to the right person.
The potential Supply Chain ( SC ) professional will need to acquire the essential skills of tomorrow, so greatly differing from today; the skills focusing on the SC, in particular, are recognised to be crucial for a better-functioning of the SC professional of the future.
There is substantial evidence of how e-commerce has dramatically transformed supply chain and logistics operations over the past two decades. But while its impact on retailers has been well documented, e-commerce has also created new challenges and opportunities for manufacturers. What are some of these challenges and opportunities? How can manufacturers achieve e-commerce fulfillment excellence?
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.
Whether you operate as a small local supply chain or work with international partners and investors, engaging your employees on a more personal level can drastically improve your bottom line going forward. According to Forbes, highly engaged teams exhibit 21% greater profitability, with a 41% reduction in absences and 59% less turnover, improving not only.read More.
About half the products we buy in stores are imported, which means they not only went through a complex shipping process, but also had to be cleared through customs before they could be sold to us. . Clearing customs is a painful process – the U.S. Customs and Border Protection has about 30,000 different product classifications, as do other countries – and customs classifications can be subtle. .
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.
“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.
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. Coronavirus, and the supply chain impact are being felt worldwide. As my colleague Steve Banker and I wrote about last week, coronavirus is leaving its mark on the global high tech supply chain as well as the automotive and pharmaceutical supply chains.
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. 1.
Have you ever been up all night because you couldn’t sleep? That was me last night. I don’t know why. I tossed and turned in bed, then went downstairs to the living room couch, and tossed and turned there. I must have fallen asleep for a brief period of time because I remember seeing two. Read more Above the Fold: Supply Chain Logistics News (February 28, 2020).
Sustainability has become increasingly important in recent years and is now a vital component of many organizations’ social, economic and environmental efforts. As an example, look no further than Microsoft’s announcement to be carbon negative by 2030 and their commitment of $1 billion towards a climate innovation fund. Other recent examples include Mercedes-Benz’s pilot project for using blockchain to track CO2 emissions and Perrier’s program winners for developing sustainable and circular pack
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
Up, Up, Down, Down, Left, Right, Left, Right, B, A, Start. The Konami Code. For any kid that grew up in the 80’s this code should resonate. It was the guarantee (or at least your best chance) that you could beat Contra, a multi-player, run-and-gun video game developed by Konami in 1988. However, the code was not created for Contra, and possibly never meant to see the light of day.
Carrier management 2020 trends range from the need to leverage data through the ability to work together and save money. As reported by FreightWaves, collaboration allows businesses to remove excess costs from the enterprise. Robert Garner, vice president of supply chain for Republic Plastics, a privately held company that produces disposable tableware for private labels,read More.
It is time to take a closer look at Borgatti & Li’s (2009) important article: On Social Network Analysis in a Supply Chain Context. The article has become part of the canon of SCM literature since its publication and it is now a mandatory reading in many SCM master programs across the globe. In simple language, the article offers a very good introduction to the subject of social networks and relates social network concepts (e.g., ego network, node centrality, structural hole, structura
As Sophie Kersgens wrote for ATSC earlier this month, “As the world’s leading exporter and one of the fastest growing economies, China is a decisive business factor for companies all…
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.
Freight pricing continues to change across the globe. According to Darren Dodson of Material Handling & Logistics, the state of e-commerce will drive the majority of freight rate changes as more than 8.6 billion packages will make their way to U.S. customers in 2020. Traditional demands of the supply chain market, including increased visibility, better.read More.
Today’s shippers expect higher levels of shipping visibility, efficiency and response times from 3PLs, which is leading these LSPs to migrate to new technology. Learn more. The post How to Choose the Right 3PL TMS Software for Your Business appeared first on 3GTMS.
PRESS RELEASE. Achieve target service levels while optimizing inventory, even with complex supply chains and changing demand. BOSTON (February 27, 2020) ToolsGroup, a global leader in supply chain planning software, today unveiled a new brand identity that invites companies to ‘be ready for anything.’ ToolsGroup is how organizations around the world achieve their target service levels while optimizing inventory–no matter how complex their supply chain is or how much demand changes.
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.
[link]. RiseNow is a supply chain management consulting firm with a platform-agnostic approach, serving healthcare and the Global 2000. Together, we bring you a 360-degree view of your challenges and solutions, and offer services that ensure your projects are completed on time, on budget, and to your standard of success. The post RiseNow appeared first on Ivalua.
In recent years there has been a major shift in paradigm in supply chain planning solutions through the use of AI and Machine learning as well as availability of data and fats processors. Here is a summary. For more information click on the interested NEW item below. OLD. Response Planning. Single Data Model. S&OP. Manual Planning. Bucketed Capacities.
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