Sat.Jun 06, 2020 - Fri.Jun 12, 2020

Navigating COVID-19: Mid-term Procurement Strategies for a Managing the Crisis

Jaggaer

As the COVID-19 virus begins to subside in many parts of the world, supply chains are stabilizing. Some remain unpredictable, but many companies are trying to navigate the reopening process. Once they’ve taken immediate action , how can organizations ensure stability moving forward? What mid-term steps can they take to minimize their risk and maximize value? Companies should prioritize a few key steps to set their business up for continued success.

Be Prepared: Improving Supplier Risk Management In Your Business

ivalua

The Covid-19 pandemic has exposed the fact that many supply chains remain inadequately prepared for a crisis. It’s no excuse to remain passive, though. Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. A reliable supply chain can decrease purchasing and production costs for manufacturers and sellers.

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Inventory Management: We Can Do Better

Supply Chain Shaman

Each day through the COVID-19 pandemic, I tune into Anthony Cuomo’s (governor of New York) daily briefings. It is my break in the day. As a multi-tasker, when Governor Cuomo broadcasts, I use the time to work out on my rowing machine. His opening line is, “Let’s start with facts. While we all have opinions, let’s start by reviewing the facts.” ” When he says this, I smile and row harder. I wish that all discussions could start with the facts. Reflection.

What is 5G? And What Does it Mean for Supply Chain?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is the Digital Supply Chain? There was a time not that long ago when there were no cell phones or smart phones. Now they are literally billions of smartphones and cell phones. This doesn’t even include the number of desktops, laptops, tablets, and all other internet enabled electronic devices. The latest technology that will be driving this massive infrastructure is 5G.

Hype Cycle for Supply Chain Strategy, 2020

Our recent supply chain planning survey showed that only 17% of organizations place considerable effort on innovation. For most, firefighting is the norm. But to succeed in today’s business landscape and recover quickly from disruptions, you need to carefully balance operational excellence with innovation for long-term growth. Get insights in this Gartner report to find out where to invest and what you should adopt as standard business practices.

Demand Planning Against COVID-19: Introduction

DynaSys

Due to the emergence of COVID – 19 all company processes have been impacted; especially the supply chain and the flow of materials within it. This article is an introduction to a series of three articles intended to help demand planners manage the impact of COVID – 19 on their demand planning process. The emergence of the Coronavirus disease 2019 in our lives has seriously affected our products’ demand and their volatility has become more significant than ever.

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The Digital Twin is the Next Big Technology Enabler

Requis

With hindsight, some technologies are revealed as not only promoters of progress, but enablers of other technologies. Think of inventions like the wheel, the Archimedes screw, steel, the assembly line and the internet. Pull out any one of these linchpins, and essential parts of our civilization disappear. The digital twin is going to be one of those technology enablers.

Integrated Assortment Planning: A Vital Capability for Retailers

Solvoyo

In today’s changing market dynamics, the retail business is getting more competitive by the day. Increasing competition by online marketplaces, along with evolving consumer expectations and shopping patterns are making the category management decisions more complex. As customers’ options increase, so do their expectations. Category management and merchandise planning are at the core of retailing.

Apparel Retail Planning for a New World

Supply Chain Nation

Blue Yonder is committed to helping its customers face the unexpected. To provide insights into the COVID-19 coronavirus pandemic and its impact on supply chains around the world, we are delivering a blog series to help anyone looking for support and advice. Our experts, who have spent years in the supply chain industry, share their insights. While the COVID-19 global pandemic is unprecedented, it has only exacerbated an already unpredictable demand environment for apparel retailers.

Coronavirus Increases Supply Chain Risk Management Priority

Enterra Insights

For years I’ve been writing about the importance of supply chain risk management and how it’s often given short shrift in business discussions. Eric Kimberling ( @erickimberling ) an Enterprise Resource Planning expert, writes, “The coronavirus pandemic disrupted supply chains across the globe, and suddenly everyone is paying more attention to what was an overlooked subject just months ago.

Become a Walmart On-Time In-Full Guru With the Ultimate Guide to OTIF!

Information on Walmart’s On-Time In-Full program is scattered, so we’ve put together everything you need to know about OTIF. Download this ebook to get the skinny on OTIF metrics, identifying the root cause of issues, and how to improve your scores!

How to Determine if Your Distribution Fulfillment Strategy is Working

Cerasis

Knowing that your distribution fulfillment strategy is working gives you a better insight into how your business is performing. This is important for reducing order fulfillment errors, improving your inventory management and remaining competitive. Supply chain leaders must learn to recognize the warning signs of risky fulfillment strategies, the indicators of success, and how to.read More.

Here’s How SKF Clinched the Gartner Supply Chainnovator Award with Digital Twin

ToolsGroup

ToolsGroup extends congratulations to SKF, which edged out tough competition from other finalists Shell Lubricants and Siemens to win the 2020 Gartner Supply Chainnovator Award in the Industrial category. SKF’s use of a digital twin for analytics to support integrated planning demonstrated exceptional supply chain innovation.

Optimization and Execution: How Manufacturing can lead the Industry Renaissance

DELMIA Quintiq

Global manufacturing today faces significant operational challenges. Companies that were unable to meet these challenges have been left behind (for example, in High Tech think Blackberry and Compaq). The Industry Renaissance has transformed invention and production for the needs of today’s customers. How should manufacturers adapt to meet the challenges and shift from product-centric to customer-centric operations?

How Coronavirus Has Disrupted The Meat Supply Chain In The U.S.

PLS Logistics

Meat supply chains in the U.S. have been severely affected by the coronavirus. In particular, the most hard-hit industry within the food supply chain was meat processing. Since numerous workers have tested positive for COVID-19 on multiple meat plants across the country, the entire supply chain was disrupted. What is going on with the meat […]. Blog coronavirus food shipping meat supply chain supply chain management

The Five Worst Practices in Procurement

The GEP white paper lists 5 common mistakes that impede the success of procurement professionals. Learn from industry veteran Bill Huber about the wrong and right ways to approach a procurement mandate and why just saving money isn’t enough. Download this report now to learn how to avoid the worst procurement practices.

Last Mile Strategic Value: How a TMS Empowers Last Mile Success

Cerasis

The face of shipping continues to change as e-commerce logistics grow more aligned with what customers want. It’s difficult to imagine modern retail or any supply chain without the last mile, but its costs continue to result in higher freight spend and delays. Shippers clearly need last mile strategic value—a way to connect the final.read More. The post Last Mile Strategic Value: How a TMS Empowers Last Mile Success appeared first on Transportation Management Company | Cerasis.

What Is Supply Chain Visibility and Why Is It Important?

River Logic

When these events are analyzed, it’s not unusual to discover that companies were caught off guard because of poor supply chain visibility. In some instances, companies didn’t know where suppliers and sub-suppliers were located, while in others they were unaware of critical dependencies in their extended supply chains. These same issues are still apparent as businesses attempt to restart production in the aftermath of the COVID-19 lockdown.

Improving Your Supply Chain with Analytics and Collaboration

Logility

A leading retailer in the home improvement space was having issues delivering timely reports to its suppliers. They were not capable of providing sell-through reports and this negatively impacted inventory levels and supplier distribution channels.

Collaborate to Win

ivalua

The need for Procurement to improve collaboration with suppliers, and other stakeholders, has gained broad acceptance in recent years. In case anyone was sleeping, the Covid-19 crisis has provided further evidence. As supply chains were disrupted, those organizations that had the closest relationships with suppliers were most likely to gain preferred access to keep goods flowing, and effectively forecast.

How Georgia-Pacific Turned Their Supply Chain into a Competitive Advantage

Georgia-Pacific, one of the world's leading manufacturers of tissue, pulp and paper and supplier to top brands like Brawny, Angel Soft and DIXIE, trusts ClearMetal for their supply chain requirements. Read the case study to hear how one company turned the reliability and transparency of its supply chain into distinct competitive advantages.

The Platform Economy Powered by Logistics

Logistics Trends and Insights

A platform is a business model that creates value by facilitating exchanges between two or more interdependent groups, usually consumers and producers. Applico. Amazon comes to mind for a lot of us when we think about platforms. But there are others and, like Amazon when goods are exchanged for money, logistics are involved. Logistics and transportation providers are all targeting the elusive e-commerce retailer involved with new service offerings, partnerships, and acquisitions.

Rising to the Challenge: How MAXAIR Systems Helped Protect Healthcare Workers During COVID-19

Demand Solutions

What’s the first thing you picture when you think about the COVID-19 pandemic? It’s probably masks. The shortage of protective devices made everyone uneasy—especially healthcare workers on the front line of the fight to overcome the deadly virus. For Bio-Medical Devices, International, increasing production during COVID-19 wasn’t just a matter of adjusting to demand. It was an imperative for saving lives.

System 116

Planting the Seeds for Blockchain in the Food & Beverage Supply Chain

Logility

Blockchain is a hot topic across the supply chain industry and often accompanied by more questions than answers. With all of this hype you might think that every midsize and large company has some level of an operational blockchain capability in place. The reality is, this couldn’t be farther from the truth. Yes, there are a few companies experimenting with blockchain pilots, but very few companies have committed to standardizing parts of their supply chain operations using blockchain.

Warehouse and supply chain management in the new normal

Manufacturing & Logistics IT

Following the unveiling of Manhattan Associates’ Manhattan Active Warehouse Management solution at the company’s recent online Momentum Connect customer conference, Manufacturing & Logistics IT spoke with the company’s UK managing director, Craig Summers, about the current warehousing and supply chain landscape

Mission Critical: Leveraging Learning Engineering to Drive Digital Transformation

Speaker: Trish Uhl, Founder of Owl's Ledge LLC and the Talent & Learning Analytics Leadership Forum

Digital is disrupting every part of an organization's value chain at a record pace, creating a critical need to transform operations and employees' ways of working. Formal training alone can't keep up; it's often too slow, too generic, inconvenient, inefficient, unduly expensive and lacks or lags methods for measuring business-related effectiveness. Trish Uhl show you how to start leveraging Learning Engineering, a multidisciplinary approach that combines modern technology, data analytics, decision science, learning sciences and change management with human-centered engineering design methodologies to ultimately deliver targeted learning outcomes and business results that keep pace with the business and merge learning into the flow of work and lead Digital Adoption.

Investments in Supply Chain Operating Networks Continue

Talking Logistics

Four years ago tomorrow, I wrote about how investments in Supply Chain Operating Networks (SCON) were rising. The post was triggered by Thoma Bravo’s acquisition of Elemica at the time (which it later sold to Eurazeo in 2019), as well as previous deals like Infor’s acquisition of GT Nexus, Insight Venture Partners’ acquisition of E2open, Read more Investments in Supply Chain Operating Networks Continue.

The Arguments For and Against Supply Chain Redundancies

Shipchain

Nowadays, all supply chains face a plethora of potential threats, from piracy, to natural disasters, to accidents, to fraud, and so on. And with everything going on with COVID-19, we can safely add a global pandemic to that list. . In truth, there’s no real way to predict when and where these disruptions may occur, leaving businesses vulnerable and at the mercy of external forces. .

Supply Chain Strategy and the Post-pandemic World

Enterra Insights

“Supply chains were ill-prepared for the pandemic,” writes Lora Cecere ( @lcecere ), founder of Supply Chain Insights.[1] 1] She goes on to note, “The Global Risk Report published in January 2020 highlights the issue. … Based on data collected in the period of September-October 2019 from over 600 business leaders, at the start of the year, the likelihood of a pandemic was low risk. Let’s face it. COVID-19 took us by surprise.

A CEO’s Take on Transportation and Coronavirus

Logistics Viewpoints

Transportation and coronavirus have been getting a lot of attention lately. The global supply chain is becoming more complex due to increased regulations, trade wars, cross-border commerce, and most recently, the impact of coronavirus. FourKites founder and CEO Matt Elenjickal shares his thoughts on transportation and coronavirus. The post A CEO’s Take on Transportation and Coronavirus appeared first on Logistics Viewpoints.

Webinar on Demand: Resilient Supply Chain Network Design

Speaker: Bhomik Jain, Paul van Nierop & Aanand Pandey

Companies around the world are struggling to cope with COVID-19 disruption. Are supply chain networks resilient enough to weather the storm? Watch this webinar to learn about our research findings in the realm of network design and optimization, and uncover the capabilities you need to build resilience and agility.