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How to Make Supply Chain Complexity Work to Your Advantage

ToolsGroup

With supply chain complexity increasing at an unprecedented rate, perhaps the biggest challenge for businesses is figuring out how to navigate this uncertainty to deliver service profitably. When you break it down, Jeff Bezos figured out how to do three seemingly contradictory things at once: deliver exceptional service levels, at the lowest cost possible, and manage complexity. So what’s the secret of making supply chain uncertainty work for you?

What is Supply Chain Resilience?

GlobalTranz

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. Let’s start here: what is supply chain resilience? What is Supply Chain Resilience? Blog Supply Chai

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Dealing With The Supply Chain Gloppy Mess

Supply Chain Shaman

As I methodically pivoted the roller to apply the stain, I made quite a mess. Deck stain is not designed to be rolled onto a ceiling.). For the first in seven years, I was not heads-down preparing for The Supply Chain Insights Global Summit. Supply is the challenge.

How to implement a supply chain management system

Unleashed

Successfully rolling out a supply chain management system can be an extraordinarily complex and stressful project – not to mention expensive. In this guide to implementing supply chain management systems: What is a supply chain management system?

Resilience Equals Performance in Supply Chain – How to Improve It

Logistics Bureau

Here at Benchmarking Success, we exist to help our customers improve supply chain performance. Historically, many of those customers concentrated keenly on measuring performance aspects such as cost to serve, perfect order, productivity, and cycle and lead times.

Wanted: Supply Chain Architects!

Supply Chain Shaman

I liked the classes, and would spend hours talking to my professors about the design of the factory. The placement of equipment and personnel was carefully crafted through revision-after-revision as the factories moved from design to operation. Manufacturing is the foundation of my interest in supply chain management. Supply Chain and Design. So when the warehouse team threatened to unionize, I transferred into a distribution, warehouse environment.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. Keep it Simple : It’s important to not over complicate things.

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How to Achieve the Perfect Delivery

Logistics Viewpoints

Last month I participated in Oracle’s Perfect Delivery Virtual Summit , along with Matt Leonard from Supply Chain Dive, Marcelo de Matheus from Tramontina, and Mohamed Absar from DP World. As supply chain complexity increases, perfect deliveries become more difficult.

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How to Reduce Product Damage During Shipping

GlobalTranz

Editor's Note: Today's blog is from Cindy Banker with ProCorr Display and Packaging who is bringing us some great insight on how to reduce product damage. If you are a product manufacturer, you know all too well the perils of shipping products from your factory or warehouse to a DC or retailer. In this article, we have highlighted the most common, but often overlooked elements to consider. How you pack your products in the box is key to product damage control. .

How to Prepare for Logistics’ Peak Season

Zipline Logistics

As produce transportation winds down and the freight market loosens slightly for the first time in several months, CPG shippers have the opportunity to prepare for the quickly approaching peak season. percent to more than $4.44 How Can You Prepare for Freight Peak Season?

How to Build Better Supply Chain Finance Goals With Analytics

Turvo

Few events carry the notoriety of black swans, and the COVID-19 pandemic is the most unprecedented and disruptive event to affect supply chains in decades. Everyone has access to some form of data, and every process generates more of it.

A World in Flux: Global Supply Chain Predictions for 2021

ToolsGroup

In episode seven of Be Ready for Anything, industry insider Bob Ferrari discusses the pivotal factors affecting global supply chain revitalization in the coming year. Mary Vasile: Hi, everyone, welcome back to the Be Ready for Anything podcast. It’s a pleasure to join you.

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Strong Supply Chains Required For an Economic Rebound: Six Steps To Take

Supply Chain Shaman

My last post on the Supply Chain Shaman blog was forty-five days ago. I spent the month of March trying to help business leaders mitigate the impact of the pandemic. My first focus was on China sourcing. Sadly, the economy fell to the inevitable community spread.

Reconfiguring the Automotive Post Pandemic Supply Chain

Logistics Trends and Insights

The year started off promising for the automotive industry however, like everything in its path, the coronavirus pandemic has dealt a cruel blow to the industry. Toyota is expected to open its U.S.

Agile Supply Chain VS Efficient Supply Chain

DynaSys

FROM EFFICIENCY TO AGILITY. The ideal strategy to survive and prosper in a dynamic environment is to have an agile behavior that is conducive to change. This is true for everyone, and supply chains are no exception. FROM VISIBILITY TO ACTIONABLE INSIGHTS.

How to Synchronize Your Supply Chain!

Supply Chain Game Changer

Guest post provided by Stephanie Johnson, CMO at Gravity Supply Chain at [link]. Check out Supply Chain Collaboration – The New Way to Drive Value! What comes to mind when you hear the word “synchronization?”. Do you think of your business’s supply chain? Just like every gear and cog of a watch has to work in harmony for that watch to be able to tell time, your supply chain needs to be tightly synchronized to be effective.

8 Reasons Why Companies Choose Logility for Their Supply Chain Operations

Logility

Agility and speed are on every supply chain executive’s mind. But their well-placed concerns are much more than a reaction to recent shocks in supply disruptions, demand fluctuations, changing customer preferences and unpredictable market conditions.

Amazon supply chain management pushes retail to the limit

Kinaxis

by Alexa Cheater How to overcome the Amazon effect. When it comes to supply chain excellence, particularly in the retail sector, there is one behemoth dominating the landscape: Amazon. Amazon supply chain management is driving innovation and change at a pace that’s putting the pressure on other businesses to find a way to keep up, or fold. You need to build a real-time, data-driven, cloud-based automation network to compete.

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How to prepare for freight market shifts in 2020

CH Robinson Transportfolio

As we begin 2020, we can anticipate more balance in the transportation marketplace, according to industry sources. truckload market , the next six to nine months will be a transitional phase. Cycle continues to evolve. Supply and demand forecast.

Defining the Full Scope of Visibility in the Supply Chain

Turvo

Of all the components that make up the modern supply logistics and shipping network, the one that can significantly impact operational efficiency is visibility into the supply chain. Keeping this focus continues to be essential for the management of the supply chain. .

Blockchain & Supply Chain Visibility: Will Blockchain Finally Eliminate Supply Chain Black Swans?

GlobalTranz

Supply chain risk is at the forefront of supply chain executives’ minds. Proper risk management can help supply chains navigate the complexities of post-hurricane recovery and increase productivity. Home Depot’s work in risk management served to increase profitability in the aftermath of the 2017 hurricane season. Supply Chain Black Swans Are Perceived as Minimal Risks Supply chain black swans are considered inescapable threats.

Reverse Supply Chains: Best Practices for Better Asset Recovery

GlobalTranz

Recovering your assets is a difficult task no matter what your occupation with reverse supply chains in the marketplace. As businesses often have a surplus of goods to dispose of or recover, such as core returns, we’ve compiled some excellent tips for your company so the process of handling goods not only stretches further… but enhances your chain value as well. Effective Reverse Supply Chains.

How To Make Your Ecommerce Eco-Friendly

ShipBob

With half of all sales projected to be made online within the next ten years , it comes as no surprise that this rapid growth and expansion takes its toll on the environment. . The ecommerce supply chain has unfortunately affected the environment and contributed to climate change. .

The Supply Chain Response to India’s Second Wave of Covid!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! India’s second wave of Covid article and permission to publish here provided by Ajay Jha. Belgium too chipped in to offer 9000 doses of Remdesvir.

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How to Move Forward with Reverse Logistics

Talking Logistics

Everyone has experienced this scenario: a great event is planned in advance, a timeline is set with a predetermined flow of the party, from when guests arrive to the food and music, all the way to their departure at the end of the evening. The same goes for many planned and well-organized supply chain processes – they carry with them the threat of unplanned and unintended events, especially when moving product from the point of origin to its final destination.

2016 Supply Chain Trends: 7 of 12 Trends that Will Drive Supply Chain Management in 2016

GlobalTranz

As we head into a new year it is a good time to take a look at the coming year and see what it may hold in the way of trends. We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, Supply Chain, Logistics, and Transportation Management. 2016 Supply Chain Trends: The First 7 of 12. The second is that automation applied to an inefficient operation will magnify the inefficiency.

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Be more Strategic about Your Supply Chain Sourcing

CH Robinson Transportfolio

A strategic approach to sourcing what you need to keep your business moving can help avoid disruptions and stay competitive in today’s competitive market. Interrupted supply chains can mean costly delays and unsatisfied customers. So just how strategic are you when it comes to sourcing transportation capacity? Ask yourself these four questions: Can you break down your spending to the carrier level?

Visibility in Transportation Management Leads to Supply Chain Excellence

Talking Logistics

With visibility as the key driver for an effective supply chain improvement strategy, businesses today must rely on building collaborative relationships in their extended supply chains to gain visibility from end-to-end. Unless you have end-to-end visibility across your entire network of trading partners, you – and they – are operating at a distinct disadvantage. Want to know how a certain carrier performed?

A Few Thoughts about Supply Chain Management

Enterra Insights

Supply chain management (SCM) sounds like a straight-forward topic; nevertheless, numerous articles have been written on the subject explaining what it is and what it isn’t. That’s pretty much how Adam Hayes, a derivatives trader and private wealth manager, sees it.

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Vendor Managed Inventory Model for Supply Chain Cost Reductions

GlobalTranz

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. You can employ countless number of supply chain service providers who will help realized these cost reductions throughout the entire supply chain. Take a proactive approach to collaborate with your Suppliers.

The (Internet of Things) IOT Supply Chain Benefits Now Coming Clearer

GlobalTranz

The Internet of Things (IoT) seems to be popping up in more conversations throughout the entire supply chain , and more businesses have turned towards IoT experts for guidance on how to take advantage of its benefits. The Internet radically changed how the world communicates. Simple activities and information became instantly available, which eventually led to the creation of the IoT. The IoT Supply Chain and Shipping Processes.

Freight Audit: 10 Freight Invoice Considerations Impacting Spend

Intelligent Audit

Dealing with the details and complexities of logistics invoices for the supply chain is a full-time job. While traditionally these programs are called freight audits, it isn’t solely about LTL or FT. Freight Invoice Error Rates Remain a Constant Threat.

Step Three: Stage Five Supply Chain Planning System of Record (SCP SOR)

Kinaxis

How many of you are familiar with the game Simon ? While Simon is really a memory game, what I really want to emphasize is that it is unpredictable. It is random; not sequential and your decisions have to be made quickly as the game speeds up at every turn. It is just like your supply chain. I like to call this ‘Connecting the Dots’. I remember starting in supply chain many years ago in procurement, negotiating pricing and managing suppliers.

Reimagine Supply Chain of the Future – agile, resilient, and balanced – LogiSYM July 2020

The Logistics & Supply Chain Management Society

When the world changes around you, and when it changes against you, what used to be a tailwind is now a headwind — you need to lean into that and figure out what to do because complaining isn’t a strategy.”. Let us study major highlights of Supply Chains of the future.

How to Thrive in the Upcoming Holiday Capacity Crunch

MercuryGate

The holiday peak season has always been a source of revenue growth and stress for the supply chain. And 2020 is shaping up to change the game forever. The post How to Thrive in the Upcoming Holiday Capacity Crunch appeared first on MercuryGate International.