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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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.

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.

What Happens When Machine Learning Meets Ocean Shipping?

Read how Unilever developed a first-of-its-kind digital Control Tower with ClearMetal that provides extremely accurate real-time visibility across their sea freight operations.

Why Quintiq employees are donating their time to the World Food Programme

DELMIA Quintiq

Here’s what you expect a CEO to say upon the announcement of a corporate social responsibility initiative. As CEO of Quintiq, it’s a great honor to partner with the World Food Programme (WFP). Quintiq aims to make people’s lives better with the technology we create, but rarely do we get the chance to do so in such a meaningful way. This is more than just another CSR initiative for Quintiq. It’s about bringing food—the most basic of needs—to those who need it most. Totally true.

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More Trending

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 […].

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.

End-to-End Supply Chain Collaboration: It's More Than a Technology Platform

LeanCor

Advancing your supply chain to improve performance and working capital requires collaboration. But true supply chain collaboration is much more fundamental than information technologies committing to new platforms. Lean material flow requires each function and firm to first recognize that they are part of a system of interconnected functions. Recognition of the supply chain system is the first step in total cost decision making.

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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

The Business Costs of Supply Chain Disruption

Supply chains have weathered a lot recently: a pandemic, natural disasters, trade wars and more. The Economist and GEP surveyed 400 senior execs to find out their real business impacts. The results? Shocking, but not surprising. Read the report now.

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.,

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.

Demystifying Control Towers: What Drives Effectiveness?

Speaker: Mauro Gonzalez, Founder and CEO of Alkimius Group & Andrew MacMillen, Principal Analyst at Nucleus Research

There are several competing definitions of supply chain control towers. Here to demystify their meaning and what it takes to have a successful implementation is Principal Nucleus Research Analyst, Andrew MacMillen in conversation with Alkimius founder & CEO, Mauro Gonzalez.

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.

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.

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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

Webinar On-Demand: 3 Ways to Make Your Operational Execution More Robust With S&OE

Speaker: Sander van Lokven and N.S. Krishnan

S&OE provides an early warning system that helps business stakeholders sense and optimize their responses. This keeps the supply chain out of firefighting mode, smoothens relationships with customers and suppliers, and helps sustain margins by reducing the cost to serve.

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.

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.

Supply Chain: "The Switzerland of Today's Business" - Our Interview with Rick Blasgen, President and CEO of CSCMP

LeanCor

Our weekly Executive Spotlight Blog Series will showcase business leaders' perspectives on real issues facing our industry, and the lean best practices that help improve supply chains and grow organizations. supply chain advancement supply chain insights

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

Leading Advertising and Analytics Company Outperforms With a Graph Database

Xandr, a division of AT&T, has built an identity graph that connects information on people, households, and more. The company is using this graph to provide advertisers an ability to deliver commercials more successfully than ever before. Learn more.

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.

The Logistics & Supply Chain of Thanksgiving

GlobalTranz

The turkey is out of the oven. Rolls are on the table. Family members are starting to find their way into the kitchen, and Thanksgiving dinner is about to begin. The meal is the combination of days of shopping, hours of cooking and endless arguments over what exactly goes into the gravy, but many forget how grand the scope of simply preparing Thanksgiving dinner can be. Think about where each ingredient came from, its journey over the roads, its production and refinement and its cost.

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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%

Perfect Delivery: The New Rules for Survival, Innovation, and Growth

As supply chain complexity increases, so do challenges to achieving the perfect order. ARC Advisory Group shares: hurdles faced in achieving the perfect order, opportunities to increase customer satisfaction and reduce costs, and how cloud SCM contributes to operational flexibility.