2018

L’Oréal: A Case Study in Supply Chain Excellence

Supply Chain Shaman

François-Régis Le Tourneau leads the efforts at L’Oreal for Standards & Prospective Process Improvement. At the Supply Chain Global Summit 2018 , Francois discussed the impact of digitalization, Industry 4.0, and L’Oréal’s approach to business that has allowed the company to continuously rank as a Supply Chains to Admire winner for four consecutive years.

5 Things to Know About U.S.-Mexico Logistics

Talking Logistics

Trade flowing across the United States-Mexico border has grown exponentially since the North American Free Trade Agreement (NAFTA) was enacted in 1994. It has been further spurred by the trend of nearshoring over the last decade, as American companies have relocated their manufacturing facilities to Mexico to take advantage of a skilled workforce, improving infrastructure, and proximity to the United States.

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Harmonizing product, nature and life with sustainable supply chains

DELMIA Quintiq

Recently, Dassault Systèmes was recognized as the world’s most sustainable company by Corporate Knights in the 2018 Top 100 Most Sustainable Corporations in the World index. The index is recognized globally as the gold standard for corporate sustainability analysis, with rankings based on various key performance indicators – including environmental, social, financial and innovation capacity – but also, as of this year, on the sustainability value of a company’s products.

Decoding the Language of Demand

ToolsGroup

If you’ve been in supply chain for any length time, you might be wondering what caused demand forecasting to develop so many different ‘personalities’ over the years. Demand forecasting, planning, sensing, shaping…what’s going on? It’s easy to ignore all these as buzzwords, but that would be overlooking the genuine progress that has taken place over the past several decades. The days of simply using statistical methods to forecast future demand using past sales history are fading.

Automating Freight Forwarding Processes with CargoWise Workflow

This training guide helps freight forwarders utilize the productivity capabilities of CargoWise. It covers 5 key CargoWise Workflow features, the importance of auditing your operation’s processes, and using automation for maximum productivity.

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

It was not my goal; but by accident, it became my mission. At Supply Chain Insights , as we combed through over 9000 quantitative responses on supply chain management from business leaders to understand what drives supply chain excellence in preparation for the Supply Chain Insights Global Summit , in the process, we proved Hau Lee’s theorem in the Famous Harvard Business Review Article, “Triple A Supply Chains.”

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Five Ways to Fix Statistics in Supply Chain Research

SCM Research

The p value debate has revealed that hypothesis testing is in crisis – also in our discipline! But what should we do now? Nature recently asked influential statisticians to recommend one change to improve science. Here are five answers: (1) Adjust for human cognition : Data analysis is not purely computational – it is a human behavior. So, we need to prevent cognitive mistakes. (2)

Prices Set To Ramp Up For Chinese New Year: Freight Rate Update W2

Freightos

Prices Set To Ramp Up For Chinese New Year: Freight Rate Update Wk 2. By John Edmonds, Research & Marketing, Freightos. Weekly update article on the Freightos International Freight Index exploring rate trends and their driving forces. 2018 started with China-US ocean freight prices increasing by 27% as supply chains came back into full swing. Following brief dips last week, ocean and air freight prices will likely rise in the run-up to the Chinese New Year closedown.

An executive’s guide to AI in supply chain management

Kinaxis

by Alexa Cheater Faster, smarter, more profitable supply chain decisions. Transitioning from hype to reality, artificial intelligence (AI) is gaining momentum across industries thanks to an explosion in computing power and storage, the emergence of IoT (Internet of Things) and big data, and algorithmic advances.

2018: What Will It Look Like?

Supply Chain Insights

I hate prediction articles. However, this morning over coffee, my fingers hunger to write this post. I am not sure why. It may be that I am growing tired of hubris and market hype. I writhe in my seat at most conferences and count the number of times the word “digital” is used in presentations. I am often uncomfortable. Consultants and technology leaders are rebranding under a “digital umbrella” without clear definition.

5 Powerful Prescriptive Analytics Examples in Supply Chain

Prescriptive analytics is a type of advanced analytics that optimizes decision-making by providing a recommended action. Supply chain, with its complex planning questions, is typically an area where optimization technology is required. Read about 5 use cases.

What is the Best PMP Book?

Supply Chain Opz

Are you planning to take the PMP exam and looking for best PMP resource? We will compare 4 major exam prep and show you which one is the best PMP book to read. 4 Best PMP Books Compared There are at least 3 ways to prepare yourself for the PMP exam, namely, online training, on-site training and PMP exam book. In our opinion, you should consider PMP exam prep book first so you can familiarize yourself with terms, method, and process.

Are You Using Too Many Labeling Solutions?

Loftware

How many labeling systems do global companies have in operation? Labeling Logistics Standardization Supply Chain Manufacturing

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A Crystal-Clear Sales Incentive program is Fundamental to Route to Market Success

Enchange Supply Chain Consultancy

When I say Sales Incentive Program (SIP) in the Fast-Moving Consumer Goods (FMCG) sector, I am referring to the internal company incentive program that is used to motivate and influence the behaviour of sales people and teams to deliver company specific results. This is not to be confused with a Trade Incentive Program, designed to motivate Retailers or Distributors or other Trade Partners.

Deploying Effective Inbound Supply Chain Visibility

Descartes

In the inbound supply chain, effective collaboration is a must to speed the physical movement of goods, and the flow of information. Lack of real-time visibility may result in higher stock levels, longer cycle time, delayed border crossings, and more. Read how Descartes can help to unlock ‘silos’ of information trapped in supplier, broker, and customer systems to enable end-to-end communicate across the inbound supply chain

Getting Started With Scenario Modeling in Supply Chain Network Design

To build your supply chain’s agility and responsiveness, you need to look at scenarios more frequently instead of relying on a single plan. Let’s explore how you can apply scenario modeling in supply chain network design.

How Procter & Gamble is thriving on supply chain complexity

ToolsGroup

Source: Gartner Supply Chain Executive Conference. Procter & Gamble (P&G) is known for best-in-class supply chain planning. Now, speaking at September's Gartner Supply Chain Executive Conference in London , P&G’s product supply director Onofrio Caradonna reveals how the company is applying planning capabilities to its distributor network. A sustainable growth opportunity. P&G operates one of the most vast, complex distribution networks on earth.

Five Reasons Why Are We Not Making Progress on Inventory Management

Supply Chain Shaman

90, then 80, followed by 76. The highway rolls ahead of me. There are endless mile markers. It is a long day. Today, I am cruising major freeways traveling from Chicago to my new home in Pennsylvania. Against my friends’ advice, I decided to drive to speak to 120 business leaders at the Gains Systems event. The rain delays through the summer soured me on air travel. The sun is shining. The fall harvest—on either side of the road—bountiful.

Blockchain in Supply Chain: 2 Ethereum-Based Projects That Demonstrate How Blockchain Can Improve Supply Chains

GlobalTranz

Supply chains are messy. Blockchain in Supply Chain Can Help. A manufacturer in China doesn’t read the specs on an order. A supplier in Mexico mixes up two similar parts. An ecommerce fulfillment warehouse in the USA sends the wrong packages to customers. On top of all that, billions if not trillions of dollars worth of potential working capital are tied up in illiquid assets such as 90-day invoice payouts or even the real estate value of, say, a warehouse or factory building.

Supply Chain Coordination with Contracts

SCM Research

Today I would like to talk about Supply Chain Coordination with Contracts , a chapter written by Cachon (2003). It has become the standard reference when it comes to teaching some key supply chain models. Coordination between the members of a supply chain is certainly very relevant but also challenging. Because the members of a supply chain are typically concerned with optimizing their own objectives, their actions might not lead to optimal supply chain performance.

Best Practices to Model Carbon Costs in Supply Chain Network Design

How to model carbon costs in your supply chain design? Make conscious choices by comparing scenarios indicating at which points in the supply chain carbon emissions occur and achieve the right balance between sustainability and cost.

Freight Visibility and Control: Introducing the Freightos Baltic Index (FBX)

Freightos

Freight Visibility and Control: Introducing the Freightos Baltic Index (FBX). By Zvi Schreiber, CEO, Freightos. When someone asks about the weather, the temperature is an easy response. But answering other questions isn’t always that easy. Even common questions, like the state of the stock market, didn’t always have straight-forward responses.

Space: The final logistics and supply chain management frontier

Kinaxis

by Ilyas Kucukcay Recent advancements in the space launch market may indicate an increased need for logistics and supply chain management in outer space operations. Humankind’s ongoing curiosity about space has countries competing to prove they have not only the technology, but also the resources and collective knowledge to go beyond our imagination. Accessing what’s beyond our globe has become an accepted source of socio-political promotion.

Industry 4.0 and Digital Twins

Enterra Insights

The American stage director Scott Ellis once quipped, “After raising twins, you get organized.” ” Manufacturing executives are beginning appreciate that bit of wisdom and are increasingly turning to digital twins to improve their operations.

Why Do Supply Chains Need an Effective Communication Plan?

River Logic

Effective communication is a vital component to successful supply chain management , yet an alarming amount of businesses have no official communication plan in place to guide their employees. On top of this, supply chain managers are rarely trained in communications and end up taking a very laissez faire attitude towards the entire process. To understand why this is a problem, stop and consider the effects of bad communication.

Easily Build an Optimization App and Empower Your Data

Speaker: Gertjan de Lange

Solving complex business problems requires optimization modeling techniques and data to compare scenarios and make the best decisions. With AIMMS you can rapidly build an optimization app on top of your data and deploy it to the end-user in just a few clicks.

How to Avoid Recalls Due to Product Packaging Errors

Loftware

What's the key to saving money in labeling-related processes? Logistics Regulatory FDA Supply Chain Manufacturing Artwork Management

Your FMCG Supply Chain in 2018: 5 Problematic Predictions

Enchange Supply Chain Consultancy

Chris Rea has finally found the correct turn off, a lot of people in Africa still don’t know its Christmas and the novelty Santa toilet seat cover is back in the box. Oh, and chocolate Easter eggs are in the shops 4 months in advance. Christmas and the New Year holidays are well and truly over, and the clock is already ticking down on the month of January. FMCG S&OP Forecasting & Demand Planning Sales Inventory Management & Stock Control

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5 Ways to Justify a Real-time Visibility Initiative

Descartes

Visibility has long been a priority for supply chains, but the challenge has been to translate visibility initiatives into tangible business benefits that go beyond the transportation team. Based on Descartes’ experience with thousands of customers, read more on five areas where real-time visibility creates value that extends across the enterprise

Digital Transformation of Supply Chain Planning at SKF

ToolsGroup

Jörg Schlager describing SKF's Integrated Planning (Source: Optilon). Digital transformation ” is tough for any firm, but when you are $9 billion industrial manufacturer, it is a sizable undertaking. At last week’s TG18 ToolsGroup user event , global bearing manufacturer SKF laid out an impressive review of their transformation to “ Integrated Planning ”.

New Research: The State of Supply Chain Network Design in 2022

This report explores how the state of supply chain network design has changed – including how the tools, maturity models, and market demands are transforming the network design practice.

A Framework for Supply Chain Leaders to Understand Supply Chain Analytics

Supply Chain Shaman

I dialed-in, took a sip of coffee, rocked back in my seat. I asked, “ How can I help you?” This is my standard modus operandi. When not traveling, I answer nine calls on average a day.) When I asked the question, an awkward silence followed. A strained request from a marketing director for a software company ensued, “You did not list us in your analytics report, and we want to know why.” I smiled. Why, you might ask? This type of inquiry is a compliment. How so?

The Future of Supply Chain: It’s Time to Start Managing Supply Chains for the Future, Not the Past

GlobalTranz

The future of supply chain management is filled with technologically empowered, happy, satisfied workers, faster workflows, synchronous systems, robotics, millennials, and even more millennials. Can you imagine it? Are you ready? Supply chain managers face many challenges in the digital age. E-commerce is growing at an annual compound rate of 18%, and tomorrow’s workforce has unique and experience-centric expectations.

Impact Factors of Supply Chain Management Journals

SCM Research

More than many other management disciplines, SCM has been very successful to professionalize and reinvent itself. A good indication for this development are the 2017 JCR journal impact factors , which have just been released. The only SCM journal with an impact factor above 6 is Journal of Supply Chain Management (6.105).