2016

A Different Solution to the Supply Chain Talent Shortage

ToolsGroup

“78% of respondents to Gartner’s most recent Chief Supply Chain Officer Survey identify talent as the No. 1 long-term supply chain risk”. There is a lot of documented evidence of a shortage in supply chain talent. Why is it happening? Planning is becoming increasingly complex; not only due to the increasing demand and supply chain complexity, but also due to the wide range of new data sources such as channel data, retail data and even web data - nearly all of which wasn’t available years ago.

Supply Chain 2030: Forge a New Path

Supply Chain Shaman

The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning. Our goal is to build a guiding coalition to think differently to improve outcomes. Today only 12% of supply chain teams are driving improvement, performing better than their competitors and driving value (as determined by Price to Tangible Book Value). As companies prepare for Supply Chain 2030, we think that it is time to rethink the basics.

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How Can Supply Chain Leaders Use Big Data as a Tool to Continuously Improve?

GlobalTranz

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. True, they may know how to roll out big data in a single warehouse, or they may have heard their competitors used branded systems for implementing this new technology. However, the fundamental problem remains.

6 Supply Chain Lessons from Henry Ford

Kinaxis

by Alexa Cheater Henry Ford has become synonymous with revolutionary advances in manufacturing. His utilization of the assembly line for his Model T changed not only the way businesses operated, but consumer demand as well. As an early technology adopter and strong proponent of innovation, Ford was more than a manufacturing master. He was a supply chain pioneer. His company delivered on affordability and availability, designing with the customer need in mind.

Supply Chain Planning Value Matrix 2021

Holistically analyze your value chain for a resilient supply chain, even in times of crisis. Discover more about why the CCH® Tagetik Supply Chain Planning solution was named a leader in the Nucleus Research Supply Chain Planning Value Matrix 2021 report.

The History of the Shipping Container

Freightos

The History of the Shipping Container. 26 April 2016 marks the 60th anniversary of the maiden voyage of the Ideal X and the birth of modern container shipping, a development that played a critical role in spurring the global economy. One visionary, Malcom McLean , features prominently in the industry’s development. But the modern shipping container has changed much more than one industry.

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10 Greatest Supply Chain Management Books of All Time

Supply Chain Opz

Supply chain management books that are praised by supply chain executives, consultants and supply chain management professionals at all levels. Background In dynamic supply chain management environment, people have to make the quick and decisive actions against various issues. This can only be achieved by the knowledge and skills of the team. Then companies try to motivate staffs to continue developing their skills on regular basis.

Supply Chain and Logistics Conferences to Attend in 2017

Talking Logistics

Editor’s Note: This is one of the most popular posts we publish every year: our list of supply chain and logistics events to attend in the coming year. Most of the conferences on our list are in the U.S., although some are in Europe, South America, and Asia. Many of the leading ERP and supply chain software vendors have customer events in various countries around the world.; you can check their websites for information regarding dates and locations.

Supply Chain Risk Management: You Can’t Outsource Responsibility

Enterra Insights

“There’s a saying,” writes Warrick Beaver (@WarrickBeaver), Managing Director of Customer & Third Party Risk at Thomas Reuters, “that you … Continued. The post Supply Chain Risk Management: You Can’t Outsource Responsibility appeared first on Enterra Solutions. Cognitive Computing Risk Management Supply Chain Enterra Solutions Stephen DeAngelis

Improving on Strategic Sourcing

Logistics Viewpoints

These days, sourcing has become a common discipline in supply chain and transportation management. There is an organizational expectation that transportation modes will be sourced and cost will be taken out of the network with some regularity. However, meeting these expectations while maintaining service year-over-year has become more challenging. To get more out of the market, we need to change the approach, as it is no longer enough to simply conduct a “bid” for transportation […].

Transforming Supply Chains for Higher Performance and Resiliency

Today, just 8% of companies have the digital maturity required to achieve resilience and mitigate supply chain disruptions, as per a new HBR Analytic Services - GEP study. What can enterprises do to accelerate digital transformation? Read the full report now to find out!

Impact Factors of Supply Chain Management Journals

SCM Research

Few days ago, Thomson Reuters published the 2015 impact factors of well-known management journals as part of their Journal Citation Reports. Two SCM-related journals have an impact factor of 4 or larger: Journal of Supply Chain Management and Journal of Operations Management. Two other journals have an impact factor between 2.5 and 3: Supply Chain Management: An International Journal and Journal of Purchasing & Supply Management. Journals with an impact factor between 2 and 2.5

Another Way to Think About Supply Chain Risk Management

ToolsGroup

In a previous blog we described a new concept introduced by Gartner Research about the need for both macro-agility and micro-agility. Now we apply this same macro-agility and micro-agility concept to risk management. In the era of the global supply chain, many companies think about risk management in terms of “ macro agility ”—their ability to anticipate the likelihood of, and develop readiness plans for, major crises that impact the chain, like geopolitical instability and extreme weather.

Carter’s: A Story of Supply Chain Leadership

Supply Chain Shaman

To drive global scale, companies need to design the supply chain to buy globally and execute locally. Not many companies have cracked this code. The design of the supply chain is fundamental to making this happen. Managing complexity is key. In our interview of the Supply Chains to Admire Winners, we found a unique approach at Carter’s. Here we share the story. About Carter’s. Carter’s, Inc.,

Why Supply Chain Managers & Procurement Should Collaborate

GlobalTranz

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. Meanwhile, this large volume of expenses is directly related to 80 percent or a company’s working capital via inventory and accounts payable.

4 Reasons to Break Up With Excel and Move to Digital Supply Chain Planning

Trust your supply chain forecasts: adopt a predictive intelligence platform to outperform your supply chain goals, overcome challenges of spreadsheet-based planning, reduce risks, enhance customer satisfaction, and improve the bottom line.

3 Predictions for the Future of Supply Chain by 2030

Kinaxis

by Tom Gregorchik I was recently asked a simple question during an interview: “Where do you see supply chain in 2030?”. I started thinking about this question when it dawned on me… where has the time gone? It seems like just yesterday I graduated from Penn State armed with a degree in Industrial Engineering and started a consulting job implementing demand planning and supply planning modules for a large CPG company.

Bringing Freight Online with WebCargoNet and Freightos

Freightos

Bringing Freight Online With WebCargoNet And Freightos. We have exciting news at Freightos – we’re proud to announce that we’ve acquired WebCargoNet , a leading logistics technology provider. But this story is more about a vision for a better future of freight, than just another acquisition. An Industry On The Verge Of Change. In many respects, this should be a good time for the logistics industry.

The future belongs to those who can see ahead and plan for it

DELMIA Quintiq

S&OP Maturity Series, part 2 of 5. In my last post , I discussed a scenario in which the S&OP solution was the difference between having to decide if it was better to lose potential profits, or risk upsetting existing, loyal customers – and meeting everyone’s needs. Having a solid S&OP process will become more important as your company grows from one stage of maturity to the next.

Building the Network of Networks. Call for Action. Want to Help?

Supply Chain Insights

In the 1980s commercial internet providers evolved. In 2001 Steve Jobs put 1000 songs in our pocket. And steadily, over the last three decades, mobile phones changed the pace of business. In the process, the banks got bigger and business networks grew more complex. In the last decade social networks and new business models evolved. eCommerce and electronic shopping carts drove new forms of commerce. It lifted all boats in our personal lives.

Is Digital Procurement Transformation Delivering on the Promise?

Is your digital transformation working, or is it still a work in progress? Download this report, from a GEP-sponsored survey from ISM, to check your performance and see how your peers are reaching their transformation goals.

Your Supply Chain Strategy is Your Business Plan (Unless It’s Not)

Talking Logistics

More than 14 years ago, when I was still a relatively new supply chain analyst, I attended the CSCMP Annual Conference, and I still remember these words delivered by Michael Eskew, former Chairman and CEO of UPS, in his keynote presentation: “We’re seeing a dynamic shift in the relationship between business plans and logistics, a shift from the perception of our industry as a back-end process to a front-end strategy that informs and supports the entire business plan.

Barcode Labeling Terms You Should Know

Loftware

Barcode labels are crucial for keeping supply chains moving and products properly identified. However, business needs aren't universal. Every manufacturer has different standards, and they all require a solution that helps them deal with this complexity. Labeling

A Practical Approach to Supply Chain Resilience: The PepsiCo Case Study

Logistics Viewpoints

As consumers’ preferences shifted toward more nutritious foods, PepsiCo purchased companies in this food segment. But this segment has a much more complex supply chain. PepsiCo had to take a new approach to supply chain resilience. Food & Beverage Industry Supply Chain Risk Management APICS PepsiCo resilience supply chain

Impact Factors of Supply Chain Management Journals

SCM Research

Few days ago, Thomson Reuters published the 2015 impact factors of well-known management journals as part of their Journal Citation Reports. Two SCM-related journals have an impact factor of 4 or larger: Journal of Supply Chain Management and Journal of Operations Management. Two other journals have an impact factor between 2.5 and 3: Supply Chain Management: An International Journal and Journal of Purchasing & Supply Management. Journals with an impact factor between 2 and 2.5

Just in Time vs. Just in Case: What’s the Way Forward for Supply Chains?

Just-in-time supply chains worked just fine — until they didn’t. Is more inventory the answer? It’s not a binary solution. Read this latest GEP paper to learn how enterprises can ensure adequate supplies without running excess inventory.

What’s Your Forecast Accuracy Target for 2017?

ToolsGroup

Editor's Note: Due to the Thanksgiving holiday, there will be no blog post next week. In 2016, it seemed as if everyone in supply chain was looking to improve their forecasting performance. Companies sought to implement (or re-implement) planning technology solutions, tune and optimize methodologies towards tighter variances, and integrate more accurate information into their planning processes.

Five Things I Have Learned About Global Supply Chain Planning

Supply Chain Shaman

Another plane, another client; and yet another discussion. They are sounding a bit the same. I am trying to not sound like a broken record. Regional supply chain companies are attempting to define global requirements. They are well versed in requirements for regional supply chain planning, but they are attempting to redefine their processes and be more global. It is very similar to the man in the picture: a company attempting to teeter between two similar, but very different worlds.

10 Key Logistics & Procurement Supply Chain Practices to Know and Master to Reduce Spend.

GlobalTranz

Getting the raw materials needed to maintain production is one of the most important parts of the whole supply chain. If raw materials are unavailable, all subsequent processes are affected, which may result in increased costs to consumers and the respective companies as well. However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Use External Benchmarking Tools.

Supply Chain Risk Management: Could You Face a Category 4 Supply Chain Disaster?

Kinaxis

by Joe Cannata With Hurricane Matthew, the most powerful storm to threaten the Atlantic Coast in over 10 years that has already brought severe damage to Haiti, the Bahamas and several Southeastern U.S. states, obvious disruptions to supply chains and supply chain risk management were a given. Many of the states affected contained key ports and supply destinations, as well as transportation and logistics hubs. These ports accounted for 18.3% of U.S. container import shipments and 49.8%

Rethinking Supply Chain Risk: New Threats Demand New Tools and Strategies

Companies like Bayer AG and Akamai coped with recent supply chain disruptions much better than their peers. What did they do differently? Read this new HBR – GEP report on new tools and strategies to mitigate supply chain risk.