2015

Five Reflections From Supply Chain Planning Benchmarking

Supply Chain Shaman

Benchmarking is a measurement of the quality of an organization’s policies, products, programs or strategies against standard measurements. Business Dictionary.com. Writing a Shaman blog post is now a Sunday night ritual. For me, it is a good time to reflect, think and share what I am learning. In my work with Supply Chain Insights , I immerse myself in learning. I continually question my long-held beliefs on supply chain excellence. .

Why the Forecast for Supply Chain Planning has been Only Partly Cloudy

ToolsGroup

Cloud-based supply chain planning is gaining traction. Each year more users opt for cloud-based systems and there is a lot of support in the analyst community. But cloud-based supply chain planning has not proliferated nearly as fast as many have predicted and "public cloud" (versus "private cloud") i mplementations are still a small minority, leaving a lot of head scratching about why cloud hasn't been as widely adopted as some expected.

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Talent and Leadership Development: Competitive Differentiators for 3PLs

Talking Logistics

Earlier this year at the JDA FOCUS 2015 conference , I led a panel discussion on the third-party logistics (3PL) industry that featured Rick Jordon , SVP Regional Head of Logistics – Americas at Panalpina , and other 3PL executives. I caught up with Rick again on a recent episode of Talking Logistics , where we discussed a variety of topics related to the 3PL industry.

The Most Reliable Supply Chain…Without Technology?

Cerasis

Editor’s Note: This is a blog post about remembering the fundamentals in order to achieve success. Of course, we live in a high technology powered supply chain world, but often, as we noted in our 5 Upfront LTL Tips post, if you don’t remember the basics and best practices, no technology is going to fix those issues, but only make them more apparent. We hope you enjoy this great story about supply chain without technology. . Is your supply chain running as effectively as it should be?

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.

A Supply Chain Evangelist can help your mid-size company get on board with strategic supply chain improvements

OneSCM

I recently participated in a Supply & Demand Chain Executive panel webinar on the procurement challenges of small and mid-size companies. As you can imagine, the challenges are many, ranging from poor visibility, productivity, and predictability, to low inventory turns, difficulty gathering data to measure supplier performance, and problems reconciling/matching/paying supplier invoices on time.

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3D Printing Changes the Supply Chain

Kinaxis

by Joe Cannata I recently took a trip to my local big box electronics store, and saw a 3D printer on display. I asked what they were printing, and the response was “plastic components”, which were being sold in the store. The salesperson was busy, so I did not have the chance to find out exactly what those plastic components were, but I thought, wow, they can make parts for sale right there in the store. Retail is changing for sure.

Lora Cecere on Supply Chain Metrics that Matter

AIMMS

Interview with Lora Cecere, Founder and CEO of Supply Chain Insights and Author of Supply Chain Metrics that Matter ( published December 2014 ). Lora Cecere is the founder and CEO of the research firm Supply Chain Insights. She is the author of the enterprise software blog Supply Chain Shaman , which attracts 5,000 readers weekly. She also writes a blog for Forbes and is a LinkedIn Influencer. Currently, Lora’s research focuses on supply chain sensing and revenue management.

Expert Reveals 7 Supply Chain Trends to Watch

Supply Chain Opz

As pressure to improve supply chain cost performance increases for many companies, the evaluation and selection of competent suppliers becomes a key concern. In this article, Professor Burcu Keskin from University of Alabama will share 7 trends that procurement and supply chain management professionals should watch. Typically, total cost, quality, and delivery performance appear as critical factors in the supplier selection process.

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Sustainable Supply Chains: A Country Comparison

SCM Research

The global not-for-profit organization CDP (formerly the Carbon Disclosure Project) has published a report: Supply Chain Sustainability Revealed: A Country Comparison. The report was written by Accenture Strategy. “While climate and water risks are apparent, the implications for businesses and economies reliant on complex supply chain models are less understood”, says Paul Simpson, CEO, CDP.

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.

Are Supply Chain Orchestration Services Still Science Fiction?

The Network Effect

Sogol/Flickr. Note: This is the latest installment in a series of posts where I discuss the current landscape for logistics service providers (LSPs). In the first post, I discussed some of the top challenges that they face. In the next two, I discussed a broad set of opportunities that I am calling “ Coordination Services and Harmonization services “ . The third category of opportunities for LSPs that come with the cloud network model can be thought of as “orchestration” services.

Reflections on Integrated Supply Chain Planning

Supply Chain Shaman

Yesterday, I presented to 700 global attendees on an APICS webinar. In the presentation, I shared data on the evolution of supply chain planning and the results on user satisfaction. The results confound me. They are not consistent with market perception. Let me share the story.

Supply Chain Priorities: Seven Things That Matter Most

ToolsGroup

A recent Gartner study, conducted annually, sheds some light on what matters most to top executives in supply chain technology. I attended the Supply Chain Technology User Wants and Needs Study delivered by Dwight Klappich at the Gartner Supply Chain Executive Conference two weeks ago in London, where he laid out Gartner’s latest findings about the things that matter most in supply chain performance. Fundamentals matter.

5 Easy-to-Use Ways to Monitor Supply Chain Health

Talking Logistics

Is the current performance of your supply chain network optimal? How do you gauge network performance, which numbers are important to you and what do they mean? You don’t have to be a data scientist to answer questions like these. And you do not need to know high-level math or the intricacies of building complex models to get a sense of when a consultant’s expertise is needed.

The Best Sales Forecasting Models for Weathering Your Goals

Every sales forecasting model has a different strength and predictability method. It’s recommended to test out which one is best for your team. This way, you’ll be able to further enhance – and optimize – your newly-developed pipeline. Your future sales forecast? Sunny skies (and success) are just ahead!

Supply Chain Big Data: Why Supply Chain Leaders Are Using Big Data Analytics

Cerasis

Supply chain industry leaders have access to more information today than ever before in history. Thanks to data gathering programs, supply chain software , and data entry applications, this represents a mountain of data, which has the potential to provide ground-breaking insight into how to improve business-model efficiency. As a result, business leaders can reap a significant return on investment by thoroughly analyzing this data.

How Mid-Market companies can get the most from Supply Chain BI without a hefty price tag (pt 2)

OneSCM

My goal with this series is to help with the careful planning and discipline necessary to ensure that BI efforts do not end up as another failed technology tool that never delivers on its promise. In part one , I provided two key steps to help mid-market companies evaluate their existing measurement tools and data sources. In part two below, I’ll cover the next two steps to select the right tool for the right price and the right features. Step 3: Know why and how you use/will use the data.

How can you prepare your supply chain for disruptions?

DELMIA Quintiq

The butterfly effect. The “butterfly effect” was a term coined by mathematician, meteorologist and chaos theory expert Edward Lorenz around 1960. It refers to how one small incident can have a huge impact later on down the line. The recent West Coast ports cargo-handling disruption is an example of the butterfly effect. The labor dispute caused freight bottlenecks. Companies using West Coast ports had to spend additional millions to cover extra inventory costs and shipping delays.

Top Five Pieces of Career Advice for Supply Chain Students

Kinaxis

by Alexa Cheater It’s an industry that’s seen as anything but sexy, and that lack of appeal is presenting a major problem. A growing global shortage of talented supply chain professionals has companies scrambling to find ways to attract and retain that next generation of leaders. Some, like toy maker Mattel , have devised strategies aimed at hiring fresh-faced grads and molding them into exactly what they need.

Supply Chain Planning Maturity – How Do You Compare to Peers?

Today's supply chains are networked, global ecosystems. An event upstream in a different country or region can cause considerable disruption downstream. The COVID-19 pandemic is an extreme example of how this unfolds in practice. How prepared are supply chain teams to react and recover, from a planning maturity stance? Download this report to get exclusive insights on planning maturity!

A New Career in Supply Chain

Supply Chain Insights

There are lots of folks in the supply chain community that have years of experience. Then there are folks like me who are just cutting their teeth. Newbies such as myself realize how much opportunity is out there because supply chain is just SO BIG, and we start down a new career path bewildered and full of questions. What should I do? How does that work? What does this mean?”

7 Supply Chain Lessons from Lenovo

Supply Chain Opz

Lenovo has been consistently ranked on the list of supply chain top 25 by research and advisory firm Gartner Inc for more than 4 years in a row. However, the majority of Lenovo''s supply chain case studies focus on the use of information system and the benefits of the acquisition of IBM’s PC business in 2005. In this article, we will show you 7 elements of Lenovo''s supply chain operations from the book " The Lenovo Way: Managing a Diverse Global Company for Optimal Performance ". (1)

Ranking SCM Journals: VHB-JOURQUAL 3

SCM Research

The German Academic Association for Business Research (VHB) is about to publish JOURQUAL 3 , a journal ranking based on the ratings of more than 1,100 VHB members. A-graded SCM journals are: Production and Operations Management and Journal of Operations Management.

Why a customer-driven supply chain strategy is important

The Network Effect

Customer expectations are not consistent with what companies offer. Therefore, the companies supply chains are not allowing the fulfillment of the customers’ expectations. Wow, what an opening to this message! Are these first two sentences true? Am I just trying to get your attention? How could these first two sentences be true, as it appears I am saying that no company has set customer satisfaction standards that meet customer expectations.

Supply Chain Resilience in the Face of Uncertainty

Speaker: Aanand Pandey, Supply Chain Analyst & Consultant, AIMMS

This short video explains how scenario modeling can help you improve supply chain resilience and your ability to respond and recover quickly from disruptions. Looking at scenarios side by side provides valuable insights that makes it easier to evaluate impact on your operations, ability to service customers and margin, and the best options to restart supply when supply lanes reopen.

Supply Chain: The True Game of Risk

Supply Chain Shaman

When I was a small child growing up in the mountains of West Virginia in the United States, on snowy days, my family would gather around the kitchen table and play board games. One of my favorites was the board game Risk. It was a turn-based board game introduced in the 1950(s). Today, children would roll their eyes at the thought of playing a turn-based board game. The world has moved on. With gaming applications on their phones and multiple gaming devices, their fingers are constantly typing.

Supply Chain Innovation: The Latest Gartner Supply Chain Predictions

ToolsGroup

Gartner analysts presented their latest supply chain findings throughout the two-day Gartner Supply Chain Executive Conference last month in London. This is a compilation of predictions and recommendations from various presentations. Business technology spend is moving outside IT – In the keynote presentation, Gartner analyst Mike Burkett said that 38% of business technology spending is now outside IT, which Gartner sees climbing to 50+% in 2017.

Bitcoin: A New Supply Chain Operating System?

Talking Logistics

I have to admit, I’ve paid very little attention to all the buzz surrounding bitcoin these past few years. I’m fairly conservative when it comes to banking (for example, I’m still not comfortable “depositing” checks using my smartphone ), so using a new digital currency, or “fake money” as my wife calls it, to buy stuff isn’t something that appeals to me, especially since bitcoin’s developer remains a mystery.

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7 Characteristics of A Best In Class Supply Chain

Cerasis

Today’s supply chains function as a result of extensive research into how a supply chain behaves, its chief concerns, successful risk management , diverse markets, widespread collaboration, and technological advances. However, current supply chains fall victim to the problems of inefficiencies, inexcusable rigidity, and failure to recognize the growing demands of consumers.

B2B Pocket Playbook: End-to-End Guide to Sales Enablement

Sales enablement is the strategic process of providing sales teams with the content, guidance, and mentorship needed to engage targeted buyers. It’s all about equipping sales professionals with the tools they need to put their best-selling foot forward. And if sales teams want to continuously sell better -- and faster -- their sales enablement process must have a game-winning strategy. It's time for you to start selling smarter - and hitting your sales number - with the best B2B database in the market. Get started today.