2018

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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.

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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.

Mexico 122
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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.

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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.

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Building Supply Chain Resilience in the Real World

Speaker: Kelly Barner - Co-Founder & Managing Director of Buyers Meeting Point, LLC

In this webinar, join Kelly Barner, Co-Founder and Managing Director of Buyers Meeting Point, Head of Content and Brand Partnerships at Art of Procurement, and Host of the Dial P for Procurement podcast on Supply Chain Now, as she considers the most pressing challenges of the day, looking for lessons we can learn to bolster agility and resilience in the future.

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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.”

More Trending

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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)

Research 268
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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.

Freight 245
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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.

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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.

Gartner 168
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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.

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Why Safety Stock Is So Important to Your Supply Chain

Demand Solutions

Managing a supply chain is not easy, although the job description is seemingly straightforward: Ensure that the right products are available at the right location at the right time. Sounds easy, right? That's because you haven't considered the factors that constantly get in the way — factors such as inaccurate forecasts, transportation delays, and inclement weather.

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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.

Exercises 159
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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.

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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.

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The Great Supply Chain Gear-Up: Sustainability and Agility for 2023

Speaker: Peter Kraemer, Chief Supply Officer of Anheuser-Busch InBev

Join Peter Kraemer, Chief Supply Officer of Anheuser-Busch InBev, for an insightful overview of general supply chain best practices, how to build a more sustainable supply chain, and navigating post-pandemic supply challenges.

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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.

Gartner 194
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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.

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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.

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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.

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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.

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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.

Freight 179
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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.

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Using Data to Improve Supply Chain Operations

Material Handling and Logistics

Learn how to organize your data operations in alignment with supply chain strategy. Forward-thinking supply chain professionals are looking to advanced technologies to streamline processes, improve accuracy, accelerate delivery and reduce costs. Cloud-based supply chain management tools, the Internet of Things (IoT), artificial intelligence (AI) and machine learning are expected to figure prominently in future supply chain operations.

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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.

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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.

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From import tariffs to the next tsunami: how Prescriptive Analytics can help you build agility and resilience into your Supply Chain Network

AIMMS

In a world full of turmoil, change has become the new normal. New import tariffs being introduced across the globe, extreme weather events, Brexit… The list goes on and on. What can Supply Chain leaders do to mitigate the risks that these disruptions bring to the Supply Chain? Businesses are constantly reminded that they need to be more agile and resilient in order to survive. But what does this mean when it comes to Supply Chain Network Design? Agility and Resilience.

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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

Africa 135
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Digital Age, Digital Transformation, Digital Enterprise

Enterra Insights

Kernels of truth are often found in idioms. One such idiom advises us to “keep in step with the times.” ” As I wrote in a previous article, “Generally speaking, that’s pretty good advice. Companies failing to adapt over time have filled history’s dustbin. Going out of business probably wasn’t their goal; but, they discovered change is seldom easy.”[1]

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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 ”.

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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.