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'“ Why am I focused on the supply chain? The answer is simple. It is a barometer of my business. All the problems show up first in the supply chain….”. — Dell Founder, Chairman and CEO, Michael Dell. I love this quote from Michael Dell. It came from an interview when I was writing the book, Bricks Matter. Leaders are clear that good planning matters.
'What happens when you bring together a large group of shippers and carriers and put them in a conference room? At the Manhattan Associates Momentum 2013 conference last month, the answer was a great conversation about transportation trends, challenges, and opportunities. I had the privilege of moderating this year’s Shipper-Carrier Roundtable, which included the following executives from the industry: Joshua Dolan , Senior Director, Transportation at Dick’s Sporting Goods.
Product lead time is crucial in the life sciences industry and represents a key consideration for customers’ purchasing decisions. For this reason, BD Biosciences aimed to optimize its global supply and distribution network to reduce delivery lead time to customers and optimize its global inventory. How was BD Biosciences successful in reducing global distribution lead times between 30% and 60% in addition to: Increasing agility to prioritize urgent and ad-hoc customer requests Increasing global
'This year turns out to be the anniversary year of two of the major SCM-related conferences in Europe. First, as summarized by Gyöngyi in her blog, the NOFOMA was held for the 25 th time. Second, the European Operations Management Association (EurOMA) just celebrated its 20 th International Annual Conference in Dublin, Ireland this week. I very much liked Mark Pagell’s keynote address.
Does the world really need another supply chain blog? If it’s just another blog, probably not. But if the blog is filled with tips for helping companies lower their costs as they power our national economy, then we say yes. And so we’re announcing the launch of the Demand Solutions blog. This is not something we’re doing because we just read an article saying that you’re nothing if you don’t have a blog.
'In my previous article on the evolution of transportation management, Driving Value from a Transportation Management Center: Think Global, Act Local , I discussed how transportation best practices were evolving from more rigid, centralized control towers to more flexible and collaborative Transportation Management Centers (TMC). The TMC merges technology, organization and processes to establish a set of services leveraging the scale and efficiency of consolidated network planning, procurement
'Fair deal. A new tool enables procurers to negotiate product prices without bargaining away supplier goodwill. When bargaining with suppliers over a product price, how can procurement professionals secure the best deal without damaging a valued relationship by being overly aggressive? Researchers at MIT CTL have come up with a seven-step method for achieving this balance that is simpler and less time-consuming than established practices.
Robots are a cornerstone of a smart factory, automating a wide range of manufacturing tasks that are monotonous, physically straining, or even hazardous. However, real-world robotics deployments have not lived up to the revolutionary potential the industrial sector had originally envisioned. Robot implementations are typically confined to specific applications, carry high costs, and are time-consuming.
'Over the past few years, shippers have been talking about wanting to get out of one-way truck freight — that is, take freight off the truckload grid and shift more volume to rail, intermodal, and dedicated. At the same time, we’re seeing e-commerce continue to grow, which is driving more companies to ship via parcel. And even some large trucking companies are emphasizing their intermodal and 3PL services over their trucking operations.
Collecting and analyzing data is becoming increasingly important for many businesses. Extending data collection one step further by automating it can add up to significant improvements in product quality and operational efficiency. A prime example of automated data collection at work was recently shared by the Financial Post, which detailed the story of a small brewery that decided to embark on performance benchmarking initiatives.
'I’m short on time this morning, so let’s go straight to the news. Transplace Updates, Enhances TMS Freight Allocation Module 2.0. Infor Delivers Automotive Innovation Throughout The Value Chain. Wal-Mart buys a ‘predictive analytics’ firm ( Internet Retailer ). Google finalizing $1.3 billion deal for mapping company Waze ( Reuters ). Con-way Freight Announces 2013 General Rate Increase.
Collecting and analyzing data is becoming increasingly important for many businesses. Extending data collection one step further by automating it can add up to significant improvements in product quality and operational efficiency. A prime example of automated data collection at work was recently shared by the Financial Post, which detailed the story of a small brewery that decided to embark on performance benchmarking initiatives.
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