Regular evaluation of threat models & red-team exercises now common practice

IT Supply Chain

The post Regular evaluation of threat models & red-team exercises now common practice appeared first on IT Supply Chain. By Ramsés Gallego (pictured). International CTO, Micro Focus.

Procurement has allowed me to exercise creativity to solve business challenges and have a direct impact on company success

ivalua

The post Procurement has allowed me to exercise creativity to solve business challenges and have a direct impact on company success appeared first on Ivalua

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Driver Digest: Quick Rest Stop Exercises

NFI Industries

As truck drivers spend most of their time driving, it can be difficult to find the time to be active. It’s important for drivers to take care of their bodies and although there isn’t a lot of down time throughout your day, it only takes a few minutes to add some activity into your routine. READ MORE. Transportation Truck Drivers

Pandemic success stories: What can be learned from these triumphs?

USC Consulting Group

In addition to bikes, Peloton sold many other types of work-from-home exercise equipment, including treadmills, and its Mirror home workout system. The steady, daily drumbeat of negative news in March and April was hard to ignore.

Case study: How Aviron navigated a COVID-induced home gym boom

The Supply Chain Journal

Last-mile delivery Modern Shipper News Recent News Aviron B2b B2C cerasis COVID-19 pandemic direct-to-consumer DTC Exercise equipment GlobalTranz home fitness home gymHeading into 2020, the U.S. fitness club i ndustry was on a roll , with projections that it would reach $39 billion in the U.S.,

Master Your Mind In 5 Minutes A Day

BlueYonder

Supply Chain Exercise Life-hack Mind Tips TricksN ulla vel euismod eros. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse lacinia finibus ipsum vitae tempus. Nam vestibulum pretium leo a facilisis. Ut id tincidunt neque. Morbi sit amet varius velit. Pellentesque eget metus et velit maximus placerat ut in quam. Pellentesque luctus ligula id ipsum gravida, quis scelerisque mi congue. Morbi vehicula neque ex, non ultricies arcu ullamcorper sit amet.

Distribution Center Audits -- Real Value, or Marketing Exercise?

Supply Chain Digest

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Assess your Inventory Optimization Process with This Quiz

AIMMS

We hope it serves as a though-provoking exercise to improve your approach! . Inventory management has always been challenging. How much should we hold? How much is too much? How much is too little? The supply chain shocks of 2020 brought this challenge into focus.

Why a Software Proof of Concept (POC) Is Better than an RFI

ToolsGroup

Solid online research and structured interviews with potential vendors are a better way to accomplish that initial shortlisting exercise. #5 One of the reasons for this is that filling out an RFI is an exercise in creative writing for most vendors.

Scenario Planning: Predict What-Ifs and Disrupt Them with Integrated, Continuous Planning

Logility

Dramatic shifts are happening too quickly to reserve strategic planning as a traditionally annual exercise. Competing in an environment of constant change is always a challenge.

Ranking Master’s Programs in Supply Chain Management

SCM Research

Finding the right Master’s program can be a difficult exercise. In spite of their sometimes oversimplifying nature, rankings can provide a first indication to make this exercise a bit easier. One of such rankings is the 2013/2014 Eduniversal Best Masters Ranking, provided by SMBG, a French consulting company, and based on a global survey of recruiters, students and representatives of academic institutions.

Assess your Inventory Optimization Process with This Quiz

AIMMS

We hope it serves as a though-provoking exercise to improve your approach! Inventory management has always been challenging. How much should we hold? How much is too much? How much is too little? The supply chain shocks of 2020 brought this challenge into focus.

Here’s How to Measure Inventory Health

ToolsGroup

For example, one modeling exercise determined that the firm was overstocking its fastest-moving items. Looking for a relatively quick way to measure inventory health? “It It all starts with a demand-driven approach,” says Gerrott Faulkingham, director of solution engineering at ToolsGroup.

The Food and Beverage Industry is in Crisis – How will you Respond?

Logility

That said, your guidance should make it clear that reallocation of existing resources is preferred to numerous what-if exercises and lengthy trials, and that now is not the time to be developing new analytical capabilities.

Value Chain Planning and Decision Making in Times of Disruption (Part 2)

DELMIA Quintiq

Part 2 in the series explores the “analytical scenario exercise” and how decisions based on certain scenarios heavily impact each aspect of the value chain. This is part 2 of a 2-part series on how to succeed in planning and decisions amid times of disruption.

Supply Chain Design Crosses the Chasm

Logistics Viewpoints

However, with the new generation technologies, it now is practical to keep the data feeds fresh to make the modeling exercises a continuous, ongoing discipline.

Amplify the Value of Global F&B Networks with Scenario Planning

Logility

Technologies that automate and accelerate this entire exercise help ensure forecasting and decision-making deliver this requirement, opening the door to a continuous cycle of integrated business planning. But this exercise is much more than generating recommendations on next steps.

Destination: The Corner Office

Inbound Logistics

As the supply chain exercises more influence over business outcomes, its managers are rising to top leadership positions. Supply chain pros with sights set on a corner office would do well to expand their skill sets and seek job experiences that prepare them for complexity

Intuition and Complexity

Demand Driven Technologies

What happens in our brain when we exercise our intuition? A French scientific magazine recently devoted a fascinating dossier to intuition (Science & Vie, August 2021 [link] ).

3 Ways to Benchmark to Boost Supply Chain Performance

Logistics Bureau

If you’ve never done a benchmarking exercise before, read on. This exercise would involve you measuring particular functions or aspects of your business and comparing that against other parts of your business.

Turn a Good Demand Forecast into the Optimum Inventory Plan

ToolsGroup

Planning becomes a modelling exercise, not a guessing game. By setting a solid foundation, inventory planning becomes a modeling exercise. How Do You Turn a Good Demand Forecast into the Optimum Inventory Plan? Your customers don’t care if you have a great demand forecast.

Enhancing Supply Chain Network Design with Sophisticated Inventory Optimization

CHAINalytics

By Chris Keller | Principal, Supply Chain Design | Chainalytics | The complexity involved in simultaneously optimizing a supply chain network and the inventory within that network has traditionally proven to be a sufficient barrier to completing such exercises.

Distribution Network Optimization: Modeling Tools Won’t Give You the Answer

Kane is Able

Warehouse optimization modeling exercises examine the upside of being closer to customers versus the downside of carrying more inventory in more locations. Distribution network optimization has become a white-hot topic these days as “the Amazon effect” leads businesses to evaluate how quickly they can get products to customers.

Is Sacking a Customer Worth the Risk?

MIT Supply Chain

But companies need to exercise extreme caution when choosing such an […]. The customer is always right – except when you no longer want to do business them. Firing customers is a valid risk mitigation strategy when the business they bring is under threat or unprofitable, or they are out of alignment with your strategic goals.

Enterprise Quality Management Systems: A Life Sciences Webinar Series

QAD

Today, leading life sciences companies are starting to view quality through the lens of an enterprise-wide, continuous improvement process that includes overall organizational goals versus a pure compliance exercise.

Checklist for Transport Spend Management

Supply Chain Movement

For many companies, transportation spending is a perennial target of budget-cutting exercises and a large, multi-faceted cost centre; some may spend three to six percent of their materials costs on transportation. In order to do this, it is important to connect all partners across modalities and regions, and to not only focus on the tender exercise but also to ensure that the agreements are fulfilled.

What is Supply Chain Resilience?

GlobalTranz

More consumers purchased bigger, bulkier items – furniture, exercise equipment, etc. If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the resiliency test. What do we mean by that?

Take Back Control and Build the Resilient Supply Chain

Logility

Hence the drive to move from orchestrated forecasting exercises to continuous planning, or “viewing the supply chain while it’s happening.” You can’t control circumstances, but you can control your response. Take charge now to ensure the best outcomes later.

3 Best Practices to Improve Your Flatbed Shipping Performance

CH Robinson Transportfolio

Conduct procurement exercises regularly and often. Beyond offering up to date rates for shippers, carriers often benefit from annual procurement exercises. Best practice: At a minimum, conduct your flatbed procurement exercise annually.

A Theory of Robust Supply Chains

SCM Research

Through reviewing 94 articles, and a Q-sorting exercise, we identify four (i.e. Strategies and practices to achieve supply chain resilience have been at the heart of supply chain management practice and research for almost a decade. However, such efforts have often focused on ways to make supply chains more reactive to turbulence and disruptions. In our recent article, Antecedents and Dimensions of Supply Chain Robustness , my co-authors, Christian F. Durach and José A.D.

Knowledge May Imply Power, but Action Rules the Day

DELMIA Quintiq

Companies must act on the new information to maximize competitive agility; exercise their agilibility and fine-tune this decision-making cycle periodically for continued ongoing improvements. Taking Action.

KPI 156

From Project to Continuous Business Process: The Evolution of Supply Chain Design

Talking Logistics

Historically, Supply Chain Design was an exercise companies undertook at most once a year, or when a significant change occurred in their supply chain, such as an acquisition. Live Episode: Thursday, May 21, 2015 at 12:00 pm ET. It was a strategic/tactical analysis, disconnected from day-to-day operations, and the software tools were difficult to learn and use.

An executive’s guide to AI in supply chain management

Kinaxis

The ability of a machine to perform human-like functions such as perceiving, reasoning, learning, interacting with the environment, problem solving and exercising creativity to form plans, make decisions and achieve goals. by Alexa Cheater Faster, smarter, more profitable supply chain decisions.

Supply Chain Resiliency: A Commitment, not a Time Bound Project

Resilinc

However, supply chain resiliency is not a limited duration, project-based exercise. In the wake of major disasters and crises, many supply chain, procurement and finance executives think about things they can do to be better prepared and more resilient before the next big crisis comes their way. As a result, risk assessments, quantifications, and supplier evaluations are often conducted as limited duration, project-based, response-level measures.

The Counter to Constant Supply Chain Volatility Is Pervasive Visibility and Industry Collaboration

Logistics Viewpoints

Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. For more than a year, global supply chains have been buffeted by one major disruption after another.