Exiger Perspectives

JANUARY 6, 2023

The AI also assisted teams responding to cyberattacks against critical systems and services, along with highlighting the need for tools that improve collaboration between humans and machines to reduce cyber risk. It is exciting to see NATO testing how to apply AI for critical infrastructure protection.

Modeling Software 52

Modeling Software Supply Chain Software Exercises Supply Chain Risk Management 52

Enterra Insights

AUGUST 27, 2019

It is crucial to have alerts in place to help mitigate risks.”[2] ”[2] Moralez isn’t implying that an alerting system is a sufficient supply chain risk management solution. Supply chain risk management requires a full-time effort. Five years ago, it ranked just 15th.”

Supply Chain Planning Software 100

Supply Chain Planning Software Scenario Planning Modeling Predictive Analytics Software 100

Enterra Insights

AUGUST 20, 2018

.” Each company needs to determine for itself what types of risks fall into the matrix’s four quadrants. I recommend conducting frequent “what if” exercises to do just that. Good risk managers don’t just extrapolate the present into the future. Footnotes. [1]

Big Data 100

Big Data Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 100

SCM Research

MARCH 2, 2015

Some of my previous research has shown that this construct is even more positively related with business performance than supply chain agility. Through reviewing 94 articles, and a Q-sorting exercise, we identify four (i.e.

Agile and Lean Supply Chain 110

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Supply Chain Risk Management 110

Enterra Insights

JUNE 22, 2021

According to Resilinc, the most important thing supply chain risk managers can do is gain “deep visibility into lower levels of the supply chain and how they could be affected by severe weather.” Well-run disaster exercises also help prepare everyone involved to deal with the unexpected.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Supply Chain Strategy Modeling 130

RFgen

APRIL 6, 2023

Supply chain risk management begins with an understanding of the risks to your organization and a strong proactive plan to mitigate risk. Cybersecurity is a vital component of a supply chain risk management plan. Supply chain issues remain a real and present challenge in 2023.

Supply Chain Planning Software 52

Supply Chain Planning Software Risk Management Supply Chain Software Security 52

Resilinc

MARCH 16, 2021

demand is surging for a wide range of products—and this demand spike is combining with other factors to create supply constraints for raw materials such as metals, lumber, rubber, plastic polymer, petrochemicals, as well as thousands of parts and components produced from these materials.

Industrial 62

Industrial Industry Journal Exercises 62

Enterra Insights

DECEMBER 4, 2018

Supply chain risk management (SCRM) is often discussed in terms of prevention, mitigation, and recovery. ” Supply chain risk managers undoubtedly agree with that sentiment. .” 1] Staff, “ 7 Tips for Building a Robust Supply Chain ,” Thomas , 29 October 2018. [2]

Optimal Sourcing 133

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Planning 133

Resilinc

APRIL 13, 2021

You may be part of an organization whose leaders understand that supply chain risk management (SCRM) is a strategic imperative, and your SCRM may already be mature and delivering a return on investment. 4) The supply chain organization’s operational review includes evaluation by the corporate risk team.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Strategy 62

Enterra Insights

JANUARY 24, 2019

Companies should conduct a thorough risk assessment to identify and prioritize all risks that could arise during a severe event.” ” Understanding “all” the risks is a big ask and may be unrealistic. As noted below, the best way to prepare response teams is to exercise the plan.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Supply Chain Strategy Material Savings 100

Supply Chain Matters

APRIL 22, 2024

Sourcing of supply network components can address needs for lower cost manufacturing, the leveraging of existing industry supply networks or for added resiliency in global supply chain sourcing. Apple has been a master at exercising many such strategies.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Sourcing Indonesia 52

Enterra Insights

JULY 16, 2018

” What that reaffirms for supply chain risk managers is that supply chains risks require constant reassessment as the world changes. This year’s top ten risks were identified as: 1. If you don’t think your company faces serious risks, you’re wrong. ”[8].

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy 100

Enterra Insights

MARCH 29, 2021

Early Portuguese navigators called this region ‘the cape of storms’ ” The list of goods being held up or diverted as a result of the grounding include: oil, natural gas, automobiles, heavy machinery, exercise equipment, beer, computers, furniture, appliances, home improvement supplies, and livestock.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Planning 130

Resilinc

MAY 11, 2021

Supply chain experts and McKinsey amplified this point in a recent report , writing, “Most large firms have only a murky view beyond their tier-one and perhaps some large tier-two suppliers.”. So, many typical risk assessment exercises leave companies blind to the vast majority of potential risks lurking in their supply chains.

Supply Chain Software 62

Supply Chain Software Supply Chain Logistics Network Optimization Software Supply Chain Network Software 62

Resilinc

DECEMBER 12, 2023

The Supply Chain Resilience Center and Multimodal Freight Office The Department of Homeland Security (DHS) will launch a new Supply Chain Resilience Center (SCRC). This center aims to improve supply chain resilience by addressing risks and vulnerabilities at U.S.

Supply Chain Planning Software 65

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 65

Enterra Insights

MARCH 30, 2021

Analysts at PYMNTS.com assert it is no longer just supply chain professionals concerned with risk management, they note, “This area of expertise has become a priority for more members of the C-suite. Yet organizations continue to experiment and explore how exactly to evolve their risk management strategies.”[2]

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Gartner Supply Chain Planning Software Supply Chain Design Software 100

MIT Supply Chain

APRIL 17, 2013

Framing an ROI for risk management is a dilemma that occupies many supply chain managers. The Holy Grail of supply chain risk management is how to justify an activity that only proves its worth when something goes wrong. It can be a thankless task. Insurers can benefit too.

Risk Management 45

Risk Management Negotiate Pricing Negotiating Skills Supply Chain Risk Management 45

HICX Solutions

JANUARY 22, 2019

Under conventional ‘request for proposal’ (RFP) or ‘invitation to tender’ processes, AI-driven tools will suggest which suppliers should be invited to participate in the exercise. And there will be no risk of missing key dates such as a notice to terminate – AI will provide calendar alerts.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Procurement Supply Chain Software 40

Talking Logistics

DECEMBER 11, 2014

Simply put, I admit upfront that my supply chain and logistics predictions below are biased and flawed, but I make them anyway because it’s a fun exercise, and also because I hope it generates some thoughtful conversations and ideas. Energy will play a bigger role in supply chain strategies and decisions.

Predictive Analytics Software 201

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 201

Enterra Insights

OCTOBER 18, 2022

Recently, Russia’s President Vladimir Putin attended military exercises in the east of the country involving China and other allies such as Syria and India. .” Russia’s invasion of Ukraine has forced countries to take sides and a surprising number of them have opted to side with the aggressor. ” Concluding Thoughts.

Supply Chain Optimization 130

Supply Chain Optimization Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 130

Enterra Insights

JULY 9, 2019

” Exercising plans helps decision makers hone their critical thinking skills so they are better fit to make decisions in ambiguous and deteriorating situations. A recent PwC/MIT study revealed that organizations with more mature supply chain risk management programs excel operationally in contrast to their less mature counterparts.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Pharmaceutical 100

Supply Chain Matters

JANUARY 17, 2023

In a previous postings, we published Part One of this series which highlighted our first prediction , that supply chain management teams should anticipate a considerable amount on uncertainty and that a significant challenge will be to avoid complacency in strategies and actions.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 52

Talking Logistics

MAY 22, 2016

For example, in a recent exercise I conducted with MIT students , they were given a relatively simple transportation problem to solve using a spreadsheet: fulfill two orders for t-shirts, with two destinations, three potential ship-from locations, and a single truck carrier with a flat rate.

Optimal Sourcing 101

Optimal Sourcing Optimization Software Modeling Supply Chain Optimization 101

Supply Chain Matters

FEBRUARY 23, 2023

Other means were in the ability to manage the headwinds of forecasted reduced global trade volumes thru the mechanisms of either formed multi-carrier capacity alliances metering major trade route capacity, increased blank sailings or additional slow steaming transit times.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Price Reduction Cost Reduction Strategies 52

MIT Supply Chain

NOVEMBER 3, 2016

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. But companies need to exercise extreme caution when choosing such an […].

Exercises 40

Exercises Supply Chain Strategy Strategy Price Mitigation Strategies 40

Resilinc

JANUARY 7, 2016

As a result, risk assessments, quantifications, and supplier evaluations are often conducted as limited duration, project-based, response-level measures. However, supply chain resiliency is not a limited duration, project-based exercise.

Supply Chain 48

Supply Chain Exercises Procurement Supply and Demand 48

Supply Chain Matters

MARCH 31, 2023

The pandemic exposed the vulnerabilities of globally extended , just-in-time weighted supply networks, and their direct impact on business bottom line revenue and profitability performance both for large global wide enterprises and small and emerging businesses. C-Suite executives now have added awareness to this balancing act.

China 52

China Sourcing Strategies Manufacturing Procurement Material Savings 52

Supply Chain Matters

AUGUST 9, 2022

Like much of global supply chain history, the high dependency on Asia based regions stemmed from total cost and technology access dimensions. More Strategic Stakes. The stakes have since become far more strategic, both in national security, global industry-wide competitiveness and in other dimensions.

Manufacturing Procurement 52

Manufacturing Procurement Taiwan Supply Chain Design Software Sourcing Strategies 52

Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Supply Chain Matters

SEPTEMBER 6, 2023

As the final quarter approaches, businesses and their associated supply chain management teams will likely have a relook for expected 2024 product demand and supply needs. This exercise will more than likely require a good amount od scenario based or what-if planning approaches.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

Supply Chain Matters

OCTOBER 6, 2023

Once again, the implication for multi-industry businesses, their procurement sourcing and supply chain teams remains a diligent assessment of the global and domestic supply chain landscape relative to demand and supply trending, along with the various business and supply chain downside or upside risk factors.

Manufacturing Procurement 59

Manufacturing Procurement Global Optimal Sourcing United Kingdom 59

Talking Logistics

NOVEMBER 6, 2015

As I wrote following LLamasoft’s SummerCon conference, the line between Supply Chain Design and Supply Chain Planning is fading. Simply put, as time horizons continue to shrink and the frequency of supply chain design exercises increase, the distinction between supply chain design and supply chain planning starts to blur.

Supply Chain Design Software 0

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software 0

Supply Chain Matters

DECEMBER 14, 2022

While shipping lines will exercise all of their newly acquired market tools to stabilize rates and ancillary fees, a global wide capacity imbalance has usually been the fallout of global wide decreased demand.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Cost Reduction Strategies Material Savings 52

Talking Logistics

DECEMBER 16, 2015

And more companies are treating Supply Chain Design as a continuous business process instead of a standalone project or a once-a-year exercise (see Supply Chain Design: Growing Scope, Community, and Collaboration ). Making supply chain and logistics predictions is like throwing darts at a moving target.

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

Infosys Supply Chain Management

JULY 26, 2013

This exercise was done before the monthly planning cycle start. Over a period of time, similar queries were developed; for instance, report a code if there is No T-Lane to Externally Procured (Procurement Type - F) product location from a In-House Production Location (Procurement Type - E) in its supply chain. Generic SCM (130).

Supply Chain Planning Software 29

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Planning 29

Infosys Supply Chain Management

JUNE 20, 2013

Following are some of the key considerations which I think an organization should make to reap benefits from an optimization exercise in Asset management. Optimization in Asset management is primarily achieved through improved reliability of Assets. Enterprise Asset Management: IT Asset Management (57). April 2013.

Optimal Sourcing 25

Optimal Sourcing Asset Management Supply Chain Optimization Optimization Software 25

Infosys Supply Chain Management

MAY 21, 2012

These forms key contributors to an effective transformation exercise. They are an integral unit for success of any transformation exercise and should go hand in hand. Enterprise Asset Management: IT Asset Management (57). Sourcing,Procurement,Contract & Spend Management (38). Extremely valid points. January 2014.

Resource Reduction 38

Resource Reduction Sourcing Strategies Supply Chain Strategy Optimal Sourcing 38