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After doing a deep dive into the Household Products (Nondurable) industry segment to show why Proctor & Gamble did not make the Supply Chains to Admire TM winner list, I wanted to show an example calculation for a company that made the winner list. I thought they would be a great company to use as an example. MORE
Last year, the World Economic Forum vetted 1,000 manufacturers, eventually selecting the “lighthouses.” These advanced factories weather the storm with quick-thinking teams, the fastest shop-floor innovation and effective maximization of fourth-industrial-revolution technologies MORE
Since then, I have had several questions and comments asking for some examples of TCTS models. So, in the link below, I have provided some examples. In my last blog we discussed how the Total Cost to Serve (TCTS) can impact the FMCG Route to Market. MORE
Optimization Manufacturing Capacity Planning Supply Chain Optimization wood products forest products MORE
A company making toys or consumer electronics, for example, would need to carefully balance the risk of a potential stock out against the risk of holding excess inventory that never sells. MORE
Supply chain transparency is becoming more important to business leaders and consumers, both of whom increasingly are concerned about working conditions, human rights, and environmental preservation. Apple, a company well known to both groups, recently released its “Supplier Responsibility 2016 Progress Report,” which highlights the tech company’s rigorous push for corporate social responsibility standards. MORE
This is yet another example of how past performance is no guarantee of future success , of how companies cannot succeed anymore despite having all sorts of inefficient practices in place, including having poor visibility and control of their supply chains. The post Chipotle: The Latest Example of Why Supply Chain Risk Management Matters appeared first on Talking Logistics with Adrian Gonzalez. Why is supply chain risk management important? Why should CEOs and CFOs care? MORE
Central Planning Inventory Management inventory analysis example inventory analysis formulas inventory analysis methods inventory analysis techniques Inventory Control inventory example inventory formula inventory system stock inventory MORE
In my last post, I talked about the relationship between the mean absolute deviation (MAD) and standard deviation (STDEV) for a normal distribution. MORE
Scenario Analysis COVID-19 supply chain risk Scenario planning coronavirus MORE
Planning ahead for your yearly business spending? You need a purchasing plan! How is your plan for your office spending? You have a budget? Great. Do you have a calendar for when you need to make the purchase to account for lead time? MORE
She’s a huge proponent of leading by example and in her new leadership role at JDA keeps this in mind in everything that she does. The first is “the world is changed by your example, not your opinion.” I live by this – leading by example. One of my earlier managers in my career led by example and I don’t think I really realized that until I took on a leadership role. He’s adamant about leading by example and to take the time when you need it. MORE
In this blog, we will illustrate through an example of these potential pitfalls (unanchored, random variation, and narrow metrics) and potential negative impact on a firm. MORE
If you’re like me, you might see a long report online and skip past the details to get to the good stuff – the results. When the Supply Chains to Admire TM report came out last week, I scrolled right to the winners. To try to wrap my head around the way the winners were determined, I dug in to the data. I wanted to take one particular company and calculate their results myself to understand the methodology fully. As you can see from Figure 1, the Supply Chains to Admire methodology has 3 steps. MORE
Planning ahead for your yearly business spending? You need a purchasing plan! How is your plan for your office spending? You have a budget? Great. Do you have a calendar for when you need to make the purchase to account for lead time? There are lots of benefits to doing some small business planning for your purchases ahead of time. Think of those times when you could have saved money buying a gently used piece of equipment, if only you had the time to shop around. MORE
To illustrate the point, a recent paper from Ventana Research on supply chain planning revealed issues that companies using spreadsheet planning have experienced, including: Prescriptive Analytics Supply Chain Advanced Analytics predictive analytics Supply chain analytics Supply Chain Planning supply chain analytics examples MORE
We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System. link] Twitter Google+ LinkedIn The post Examples of How Supplier Quality Management System Implementations Pay Off appeared first on Freight Logistics Company | Cerasis. MORE
Decision Analysis decision support system example decision support system DSS MORE
An earlier Sudoku blog recognizing Puzzle Day, provided an overview of solving Sudoku using MILP optimization and mentions these methods are helpful to find solutions in supply or central planning. MORE
Scenario Analysis COVID-19 supply chain risk Scenario planning coronavirus MORE
For example, Apple might want us to increase 100 production lines, but we would only add 50 to 60 gradually.”. Today’s breaking Wall Street Journal article provides a great case study on the impacts of not proprerly managing contractual supplier relationships. First consider the type of supply arrangement this represented. This was an important and emerging new technology, one that would produce manufactured sapphire to cover the face of all of Apple’s new iphone products. MORE
For example margin by SKU , margin by product type , margin by region and even margin by salesperson can be analysed at a click, and measured over any time-frame. For example, Alison owns and runs a brewery and has a net profit margin of 30% this year. MORE
The purpose of this paper is to provide new evidence in the field of supply chain differentiation, and aims to combine insights of supply chain management with the service dominant logic to connect fundamental customer requirements with supply chain decision-making MORE
I’ll dive deeper into the concepts of supply chain optimization and show examples of when it’s ideal to optimize and when it’s less ideal. Two Simple Examples to Help You Understand How Supply Chain Optimization Algorithms Work. I work with clients that utilize our supply chain optimization software to maximize their resources. In my upcoming webinar “Should I Optimize My Supply Chain Planning?” MORE
An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%. Written by Tan Weizhen and published on CNBC 1/24/2021. KEY POINTS. Shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them, according to industry watchers. MORE
Examples of Real-World Use of Blockchain in Supply Chain & Logistics Some examples of application and use of blockchain in supply chain and logistics, reports DHL , include: Citizen Services – Blockchain technology can be used to verify the identity of individuals, and it is already in use by ID2020, helping those without access to a physical form of identification to verify their identity. The days of managing supply chains through databases and changing information are over. MORE
Planning ahead for your yearly business spending? You need a purchasing plan! How is your plan for your office spending? You have a budget? Great. Do you have a calendar for when you need to make the purchase to account for lead time? There are lots of benefits to doing some small business planning for your purchases ahead of time. Think of those times when you could have saved money buying a gently used piece of equipment, if only you had the time to shop around. MORE
The following are real industry examples of why they are looking at visibility as the “air ticket” itself and not just as “insurance;” a switch from “nice-to-have” to “must-have.” Up until now, investing in shipment tracking solutions was like buying travel insurance - it was usually purchased in the last step of the transportation contracting process. MORE
Every month, in our “Meet the Griffin” Series , Axway presents an outstanding employee we feel embodies Axway’s culture and is a great example of commitment, achievement, journey, motivation, and work ethic. MORE
She’s a huge proponent of leading by example and in her new leadership role at JDA keeps this in mind in everything that she does. The first is “the world is changed by your example, not your opinion.” I live by this – leading by example. One of my earlier managers in my career led by example and I don’t think I really realized that until I took on a leadership role. He’s adamant about leading by example and to take the time when you need it. MORE
Planning ahead for your yearly business spending? You need a purchasing plan! How is your plan for your office spending? You have a budget? Great. Do you have a calendar for when you need to make the purchase to account for lead time? There are lots of benefits to doing some small business planning for your purchases ahead of time. Think of those times when you could have saved money buying a gently used piece of equipment, if only you had the time to shop around. MORE
One of the best examples I have seen of highly successful change management was presented by Tina Jalap from the Swedish pharmacy chain Kronans Apotek. Some examples: Q: If a customer asks for a product that we don’t have, how will the system know that there is a demand? Managing change at the individual level is essential to realize benefits across the organization. Companies pick supply chain planning software based on the benefits to the business. MORE
With the rising cost of transportation, companies are desperately vying to look for an efficient systems and processes that make their teams more productive. Technology can help greatly in this and more and more companies are looking at a TMS (Transportation Management System) for optimization and cost reductions. While the TMS has gained much popularity, it is still only implemented by about 25-35% of large companies. MORE
Examples Related Topics River Logic
MARCH 18, 2020
To illustrate the point, a recent paper from Ventana Research on supply chain planning revealed issues that companies using spreadsheet planning have experienced, including: Prescriptive Analytics Supply Chain Advanced Analytics predictive analytics Supply chain analytics Supply Chain Planning supply chain analytics examples
Operations and Supply Chain Management
JANUARY 25, 2021
An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%. Written by Tan Weizhen and published on CNBC 1/24/2021. KEY POINTS. Shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them, according to industry watchers.
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ToolsGroup
APRIL 26, 2016
One of the best examples I have seen of highly successful change management was presented by Tina Jalap from the Swedish pharmacy chain Kronans Apotek. Some examples: Q: If a customer asks for a product that we don’t have, how will the system know that there is a demand? Managing change at the individual level is essential to realize benefits across the organization. Companies pick supply chain planning software based on the benefits to the business.
River Logic
APRIL 29, 2020
Scenario Analysis COVID-19 supply chain risk Scenario planning coronavirus
Advertisement
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!
Cerasis
JUNE 11, 2015
We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System. link] Twitter Google+ LinkedIn The post Examples of How Supplier Quality Management System Implementations Pay Off appeared first on Freight Logistics Company | Cerasis.
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BlueYonder
DECEMBER 4, 2019
She’s a huge proponent of leading by example and in her new leadership role at JDA keeps this in mind in everything that she does. The first is “the world is changed by your example, not your opinion.” I live by this – leading by example. One of my earlier managers in my career led by example and I don’t think I really realized that until I took on a leadership role. He’s adamant about leading by example and to take the time when you need it.
River Logic
OCTOBER 31, 2019
Optimization Manufacturing Capacity Planning Supply Chain Optimization wood products forest products
Unleashed
NOVEMBER 26, 2020
A company making toys or consumer electronics, for example, would need to carefully balance the risk of a potential stock out against the risk of holding excess inventory that never sells.
Supply Chain Insights
JUNE 21, 2017
After doing a deep dive into the Household Products (Nondurable) industry segment to show why Proctor & Gamble did not make the Supply Chains to Admire TM winner list, I wanted to show an example calculation for a company that made the winner list. I thought they would be a great company to use as an example.
Speaker: Brian Dooley, Director SC Navigator, AIMMS, and Paul van Nierop, Supply Chain Planning Specialist, AIMMS
Want to build your internal capability, reduce costs and make better decisions? It's easier than you think. This on-demand webinar shares research findings from Supply Chain Insights, including the top 5 obstacles that bog you down when trying to improve your network design efforts.
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Cerasis
JULY 30, 2018
Examples of Real-World Use of Blockchain in Supply Chain & Logistics Some examples of application and use of blockchain in supply chain and logistics, reports DHL , include: Citizen Services – Blockchain technology can be used to verify the identity of individuals, and it is already in use by ID2020, helping those without access to a physical form of identification to verify their identity. The days of managing supply chains through databases and changing information are over.
Supply Chain Insights
JUNE 19, 2017
If you’re like me, you might see a long report online and skip past the details to get to the good stuff – the results. When the Supply Chains to Admire TM report came out last week, I scrolled right to the winners. To try to wrap my head around the way the winners were determined, I dug in to the data. I wanted to take one particular company and calculate their results myself to understand the methodology fully. As you can see from Figure 1, the Supply Chains to Admire methodology has 3 steps.
BlueYonder
DECEMBER 4, 2019
She’s a huge proponent of leading by example and in her new leadership role at JDA keeps this in mind in everything that she does. The first is “the world is changed by your example, not your opinion.” I live by this – leading by example. One of my earlier managers in my career led by example and I don’t think I really realized that until I took on a leadership role. He’s adamant about leading by example and to take the time when you need it.
Silver Lynx Supply Chain
JULY 22, 2019
Planning ahead for your yearly business spending? You need a purchasing plan! How is your plan for your office spending? You have a budget? Great. Do you have a calendar for when you need to make the purchase to account for lead time? There are lots of benefits to doing some small business planning for your purchases ahead of time. Think of those times when you could have saved money buying a gently used piece of equipment, if only you had the time to shop around.
Speaker: Dave Food, Strategy Director at Prophetic Technology
Supply Chain Executives need to empower their teams to navigate through and beyond the impact of COVID-19 with powerful insights and integrated supply chain networks so that real-time change can be quickly responded to and organizations can come out of this leading from the front. Join this webinar with Dave Food, Strategy Director, Prophetic Technology, who will provide insights into planning for a post-COVID world.
Silver Lynx Supply Chain
JULY 22, 2019
Planning ahead for your yearly business spending? You need a purchasing plan! How is your plan for your office spending? You have a budget? Great. Do you have a calendar for when you need to make the purchase to account for lead time? There are lots of benefits to doing some small business planning for your purchases ahead of time. Think of those times when you could have saved money buying a gently used piece of equipment, if only you had the time to shop around.
Talking Logistics
FEBRUARY 8, 2016
This is yet another example of how past performance is no guarantee of future success , of how companies cannot succeed anymore despite having all sorts of inefficient practices in place, including having poor visibility and control of their supply chains. The post Chipotle: The Latest Example of Why Supply Chain Risk Management Matters appeared first on Talking Logistics with Adrian Gonzalez. Why is supply chain risk management important? Why should CEOs and CFOs care?
Arkieva
OCTOBER 14, 2020
In this blog, we will illustrate through an example of these potential pitfalls (unanchored, random variation, and narrow metrics) and potential negative impact on a firm.
Silver Lynx Supply Chain
JULY 22, 2019
Planning ahead for your yearly business spending? You need a purchasing plan! How is your plan for your office spending? You have a budget? Great. Do you have a calendar for when you need to make the purchase to account for lead time?
Advertisement
Let’s take some examples of bias challenges in AI. Building AI to Unlearn Bias in. Recruiting How to use AI and machine learning to ensure diversity in the. workforce By the creators of AllyO, the end-to-end AI recruiter www.allyo.com hello@allyo.com Bias is a problem we. need to address Our society is struggling with bias. and its negative impacts on our. workforce. What’s causing bias. today? We aren’t. always self- aware of all. the filters we. are applying. to make. judgments.
4WL Consulting
MAY 27, 2015
With the rising cost of transportation, companies are desperately vying to look for an efficient systems and processes that make their teams more productive. Technology can help greatly in this and more and more companies are looking at a TMS (Transportation Management System) for optimization and cost reductions. While the TMS has gained much popularity, it is still only implemented by about 25-35% of large companies.
River Logic
OCTOBER 18, 2019
Decision Analysis decision support system example decision support system DSS
APICS
JANUARY 18, 2019
Last year, the World Economic Forum vetted 1,000 manufacturers, eventually selecting the “lighthouses.” These advanced factories weather the storm with quick-thinking teams, the fastest shop-floor innovation and effective maximization of fourth-industrial-revolution technologies
Silver Lynx Supply Chain
JULY 22, 2019
Planning ahead for your yearly business spending? You need a purchasing plan! How is your plan for your office spending? You have a budget? Great. Do you have a calendar for when you need to make the purchase to account for lead time? There are lots of benefits to doing some small business planning for your purchases ahead of time. Think of those times when you could have saved money buying a gently used piece of equipment, if only you had the time to shop around.
Axway
DECEMBER 14, 2020
Every month, in our “Meet the Griffin” Series , Axway presents an outstanding employee we feel embodies Axway’s culture and is a great example of commitment, achievement, journey, motivation, and work ethic.
Roambee
APRIL 30, 2020
The following are real industry examples of why they are looking at visibility as the “air ticket” itself and not just as “insurance;” a switch from “nice-to-have” to “must-have.” Up until now, investing in shipment tracking solutions was like buying travel insurance - it was usually purchased in the last step of the transportation contracting process.
Supply Chain View from the Field
NOVEMBER 20, 2014
For example, Apple might want us to increase 100 production lines, but we would only add 50 to 60 gradually.”. Today’s breaking Wall Street Journal article provides a great case study on the impacts of not proprerly managing contractual supplier relationships. First consider the type of supply arrangement this represented. This was an important and emerging new technology, one that would produce manufactured sapphire to cover the face of all of Apple’s new iphone products.
Enchange Supply Chain Consultancy
SEPTEMBER 14, 2020
Since then, I have had several questions and comments asking for some examples of TCTS models. So, in the link below, I have provided some examples. In my last blog we discussed how the Total Cost to Serve (TCTS) can impact the FMCG Route to Market.
Unleashed
AUGUST 3, 2020
For example margin by SKU , margin by product type , margin by region and even margin by salesperson can be analysed at a click, and measured over any time-frame. For example, Alison owns and runs a brewery and has a net profit margin of 30% this year.
APICS
APRIL 22, 2016
Supply chain transparency is becoming more important to business leaders and consumers, both of whom increasingly are concerned about working conditions, human rights, and environmental preservation. Apple, a company well known to both groups, recently released its “Supplier Responsibility 2016 Progress Report,” which highlights the tech company’s rigorous push for corporate social responsibility standards.
Arkieva
OCTOBER 6, 2020
In my last post, I talked about the relationship between the mean absolute deviation (MAD) and standard deviation (STDEV) for a normal distribution.
Supply Chain 24/7
SEPTEMBER 8, 2016
The purpose of this paper is to provide new evidence in the field of supply chain differentiation, and aims to combine insights of supply chain management with the service dominant logic to connect fundamental customer requirements with supply chain decision-making
Arkieva
APRIL 4, 2018
I’ll dive deeper into the concepts of supply chain optimization and show examples of when it’s ideal to optimize and when it’s less ideal. Two Simple Examples to Help You Understand How Supply Chain Optimization Algorithms Work. I work with clients that utilize our supply chain optimization software to maximize their resources. In my upcoming webinar “Should I Optimize My Supply Chain Planning?”
Arkieva
FEBRUARY 2, 2021
An earlier Sudoku blog recognizing Puzzle Day, provided an overview of solving Sudoku using MILP optimization and mentions these methods are helpful to find solutions in supply or central planning.
Arkieva
FEBRUARY 10, 2021
Central Planning Inventory Management inventory analysis example inventory analysis formulas inventory analysis methods inventory analysis techniques Inventory Control inventory example inventory formula inventory system stock inventory
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