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


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

Driver Digest: Quick Rest Stop Exercises

Supply Chain Link

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


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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.

Master Your Mind In 5 Minutes A Day


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EU due diligence laws for cocoa expected in 2022


The European Union is considering creating regulations for the cocoa industry, where importing companies need to exercise due diligence regarding their supply chains.

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

Supply Chain Digest


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.

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


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.

What is Supply Chain Resilience?


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?

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.

Enhancing Supply Chain Network Design with Sophisticated Inventory Optimization


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.

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

Turn a Good Demand Forecast into the Optimum Inventory Plan


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.

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.

Supply Chain Simulation Game Toronto Canada | October 16, 2018 | 2:00PM – 6:30 PM


Here, we re-visit supply chain planning concepts and showcase SAP IBP, SAP’s latest flagship supply chain planning product, in a unique exercise that is both fun and educational. Modelled on the famous Beer Distribution Game concept, this unique exercise will put you in roles where you will have to make real time decisions to ensure your end-to-end supply chain is coordinated & optimized. Get ready to play Bristlecone’s very own Supply Chain Simulation Game.

Supply Chain Simulation Game – IBPNow™


Here, we re-visit supply chain planning concepts and showcase SAP IBP, SAP’s latest flagship supply chain planning product, in a unique exercise that is both fun and educational. Modelled on the famous Beer Distribution Game concept, this unique exercise will put you in roles where you will have to make real time decisions to ensure your end-to-end supply chain is coordinated & optimized. Get ready to play Bristlecone’s very own Supply Chain Simulation Game.

Shaping Up Last Mile Delivery to Surpass Customer Expectations: NordicTrack Solution Showcase

Supply Chain Brain

For NordicTrack, the motto is not only heard when customers are coming to the end of a virtual exercise class, it’s also on display daily through the last mile delivery of its fitness equipment to homes across the country. Finish strong.

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.

How to create a SUCCESSFUL Bid Workbook

Freight Plus

Jill Clifford, carrier sourcing expert, teaches the steps to take to create a SUCCESSFUL bid workbook The workbook can be a daunting task but if you have a carrier that doesn't want to participate in the exercise, that wasn't a carrier you wanted hauling your freight in the first place.

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.

Digital Supply Chains and the New Normal

Enterra Insights

Cognitive technologies can handle many more variables than older systems and can conduct multiple “what if” exercises much faster than such exercises could be conducted in the past. Over the past year there has been a lot of talk about the “new normal.”

Bottom Line: What is the ROI of Supply Chain Network Design Software?


While businesses differ in complexity and size, for this exercise we extrapolated based on these $7.5Bn baselines. We often get asked what kind of return on investment you should expect to see when using our network design technology.

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.

From roller skates to recliners, material shortages spread to more industries


Stay-at-home consumers have been snapping up Chinese-made furniture and appliances, toys, exercise equipment, bicycles and other items,” writes Tom Ryan, managing editor of RetailWire. According to the Journal, such shortages are common among manufacturers of all types of exercise equipment.

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.

Are you still spending time and money to run a lengthy RFI/RFQ/RFP process for a SaaS platform purchase?


The business speed in ecommerce, omnichannel retail, CPG, and the first-tier suppliers has increased, while contemporary technology makes it much easier to complete an onboarding exercise.

Artificial Intelligence in Manufacturing – the Power and the Risk Mitigation- Part 1


Mitigating risk is a data-driven exercise, which is the kind of exercise I enjoy, especially when my efforts are augmented (along with my eyestrain), by increasingly intelligent AI machines empowered with cognitive technologies. As a Chief Financial Officer specializing in manufacturing, I enjoy working to mitigate a wide variety of risks.

An executive’s guide to AI in supply chain management


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


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.

Peet’s Coffee and the Roasted Bean Supply Chain

Logistics Viewpoints

This in turn meant adding new shifts, which was also a nontrivial exercise. Peet’s Coffee was going through a digital transformation when Covid-19 hit.

A ‘Beached Whale’ in the Suez Canal: Stuck Working Capital


That includes everything from air cargo, fire pits, furniture, auto parts and exercise equipment (including that Peloton that you’ve been waiting on for months!).

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When is a Leader not a Leader? – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Over a period of five years, I co-facilitated a coaching skills workshop and one of the exercises we gave participants was to split them into four teams, give them a flip chart and pose the question, “What are the key attributes of the best leader for whom you have ever worked?”

12 Steps to a Resilient Enterprise: Part 2 of 4


This is much more than a product roadmap exercise or a debate about agile versus waterfall project management methods.

2021 Logistics Outlook: LTL Industry Trends


They’re also integrating with local cartage agents and white glove carriers specializing in commercial and residential deliveries of oversize items, like furniture and exercise equipment.

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