6 Supply Chain Analytics Examples to Keep You Competitive

River Logic

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

Shipping Container Shortage–Another Bullwhip Example

Operations and Supply Chain Management

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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An Example of Outstanding Change Management

ToolsGroup

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.

Scenario Planning Examples: What COVID-19 Has Taught Us

River Logic

Scenario Analysis COVID-19 supply chain risk Scenario planning coronavirus

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!

Examples of How Supplier Quality Management System Implementations Pay Off

Cerasis

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.

Lead by Example

BlueYonder

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.

4 Top Prescriptive Analytics Examples in Wood Products Manufacturing

River Logic

Optimization Manufacturing Capacity Planning Supply Chain Optimization wood products forest products

How to calculate safety stock – with formulas and examples

Unleashed

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 Chains to Admire – Technology Computer Hardware Calculation Example

Supply Chain Insights

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.

Top 5 Barriers to Supply Chain Network Design Adoption and How to Overcome Them

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.

Use of Blockchain in Supply Chain & Logistics: Looking to Examples Across Industries for Better Understanding

Cerasis

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 Chains to Admire Household Nondurables Calculation Example

Supply Chain Insights

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.

Lead by Example

BlueYonder

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.

6 step purchasing plan example for your yearly business purchases

Silver Lynx Supply Chain

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.

Post-COVID Supply Chain Planning: Steps to Take Now for Rapid Recovery

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.

6 step purchasing plan example for your yearly business purchases

Silver Lynx Supply Chain

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.

Chipotle: The Latest Example of Why Supply Chain Risk Management Matters

Talking Logistics

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?

Insight from Applied Statisticians for Forecasting: Is It Worth the Effort and the Mirage of Random Variation

Arkieva

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.

6 step purchasing plan example for your yearly business purchases

Silver Lynx Supply Chain

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?

Building AI to Unlearn Bias in Recruiting

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.

5 Examples of an Efficient Transportation Management System

4WL Consulting

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.

Five Decision Support System Examples You Need to Know

River Logic

Decision Analysis decision support system example decision support system DSS

Lighthouse Factories Are Shining Examples for Supply Chains Everywhere

APICS

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

6 step purchasing plan example for your yearly business purchases

Silver Lynx Supply Chain

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.

Emilija Zafirova – leading by example for exceptional team results

Axway

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.

5 Examples of How COVID-19 Made Shipment Monitoring a “Must-Have” in the Industry

Roambee

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.

Apple’s Sapphire Supplier: A Textbook Example of Supplier Relationships Gone Bad

Supply Chain View from the Field

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.

Some Examples of Total Cost to Serve (TCTS) Models in FMCG Route to Market

Enchange Supply Chain Consultancy

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.

How to calculate profit margins [with examples]

Unleashed

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.

Apple: A Sustainable Example for Supply Chains

APICS

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.

MAD versus Standard Deviation for a Uniform Distribution

Arkieva

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 Differentiation: Background, Concept and Examples

Supply Chain 24/7

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

Two Simple Examples to Help You Understand How Supply Chain Optimization Algorithms Work.

Arkieva

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?”

Sudoku and SCM – the Binary Connection – a Path to Smarter Solutions

Arkieva

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.

SCM 94

Using ABC Analysis to Determine Off Balance Inventory

Arkieva

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