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Using Digital Supply Chain Planning to Respond to Market-Changing Disruptions like COVID-19

ToolsGroup

With supply chain planning software you can automate the achievement of service levels, even under changing constraints resulting from major disruptions. As COVID-19 continues its malevolent spread around the world, concerns grow regarding the continued impact on supply chains and business continuity. Commonly companies will use a “firefighting” response in times of supply chain disruption in order to meet service levels.

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

Kinaxis

It is just like your supply chain. So how do you manage an integrated supply chain when you don’t know the sequence of events from day-to-day and any decision you make can impact your next action and also others in the organization? I remember starting in supply chain many years ago in procurement, negotiating pricing and managing suppliers. The concept of demand understanding how they have impacted supply or vice versa is unheard of.

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Agile Supply Chain VS Efficient Supply Chain

DynaSys

This is true for everyone, and supply chains are no exception. An agile supply chain requires the ability to rapidly identify, evaluate and execute alternative supply chains scenarios. Supply chain experts have traditionally focused on efficiency and consequently pursued the lowest unit cost dream. Agile supply chains exist almost as the antithesis of efficient supply chains. FROM EFFICIENCY TO AGILITY.

Supply chain risks: The knowable unknowns that can hurt your supply chain!

Kinaxis

The new CEO embarked on several cost reduction initiatives in conjunction with a number of changes (some may argue too fast and too soon) on how the company operates its freight-trains. However, did you know there are enough lead time problems lurking in your current supply chain operations that go completely unnoticed? These are the “knowable unknowns” that can hurt your supply chain performance. appeared first on The 21st Century Supply Chain.

What Value Are You Getting From Planning?

Supply Chain Shaman

In the 1990s supply chain planning was over-hyped. The growth of the supply chain planning technology market disappointed investors resulting in consolidation and the decline of best-of-breed solutions. In parallel, Enterprise Resource Planning(ERP) providers introduced a new hype cycle. Termed ERP II by Gartner, the concept of integrated planning with tightly coupled ERP to Advanced Planning Systems (APS) could drive higher value.

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. Then it was the redefinition of the supply chain for the global shutdowns Sick with the virus; I spent my energies writing and moderating podcasts. I firmly believe that the rebound of the economy requires strong supply chains, but to make this happen, we need to turn our backs on historic practices and innovate new ways of working. Let’s learn and apply it to supply chain management.

How to Get a Job in the Supply Chain Sector

Logistics Bureau

So, you are thinking about a career in supply chain? While this article is intended as an evergreen resource, to help you navigate in your search for a supply chain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality.

Big Opportunity for Logistics Providers? Supply planning and inbound services….

The Network Effect

So far, we’ve covered order promising and delivery , replenishment planning and distribution services , supply chain benchmarking , orchestration , and harmonization. . As shippers look for global expertise and operational solutions, LSPs are in a prime position to offer inbound procurement and supplier collaboration, and with the new cloud network platforms they now can. Supply planning and inbound services… appeared first on The Network Effect.

Coronavirus reminds us to review supply chain continuity plans

NC State SCRC

The most critical outcome of this issue is the tragic loss of life, but for those who work in supply chains, it is also a time to “dust off” your business continuity plans, and begin to think through how the virus may spread and impact your business enterprise. China is the epicenter of global manufacturing, and as a result of quarantines and shutdowns, major portions of their supply chain will be cut off from the rest of the world.

Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. We just finished hosting over 150 executives at our Supply Chain Resource Cooperative, with a theme on Supply Chain Analytics. Here is what I expect to see next year: Global supply chain footprints will continue to expand.

Why investors are looking at supply chain technologies in 2020

Requis

Since the coronavirus pandemic took hold earlier in 2020, supply chain has become a household word. Investors, like the public, have woken up to the fact that supply chains are the engine driving economic prosperity. Supply chain, it seems, is ripe for disruption.

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. Ask a person on the street what constitutes supply chain management and my guess is they would say SCM means ensuring the entire supply chain, from procurement of raw materials to product delivery, runs smoothly. ”[1] How important is supply chain management?

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How a Collaborative Logistics Platform Mitigates Supply Chain Disruption

Turvo

Collaborative logistics affords an opportunity for businesses to unlock more resilience and flexibility in their supply chains. As a result, companies are more likely to rethink procurement processes and avoid unnecessary delays.

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. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks.

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What is SCM and Why is it Important?

Oracle SCM

The acronym SCM stands for supply chain management. It refers to the systems, processes and software packages used by organizations to manage day-to-day operating activities such as, new product development , demand, supply and sales & operations planning , procurement , logistics , order management , manufacturing and asset maintenance. SCM systems deliver the visibility, insights, and capabilities you need to create your own intelligent supply chain.

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5 ways ERP improves inventory visibility in your supply chain

OptiProERP

Forecasting will then be sharper and distribution will be planned better. Greater supply chain transparency and increased demand fulfillment. From procurement to shipment, every process of supply chain planning becomes streamlined by improving inventory visibility. . Inventory visibility is also about swift monitoring of orders by constantly managing the supply chain to meet promised deadlines.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

What is Supply chain costs? Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. Applying the total cost of ownership analysis to the supply chain implies identifying all direct, indirect, and other associated costs. Supply chain costs analysis. Procurement costs.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

What is Supply chain costs? Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. Applying the total cost of ownership analysis to the supply chain implies identifying all direct, indirect, and other associated costs. Supply chain costs analysis. Procurement costs.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

What is Supply chain costs? Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. Applying the total cost of ownership analysis to the supply chain implies identifying all direct, indirect, and other associated costs. Supply chain costs analysis. Procurement costs.

Is Inventory Waste or an Asset?

Supply Chain Shaman

Next week is the annual Supply Chain Insights Global Summit , and summit preparation is on my agenda for the weekend. In the preparation phase for the summit, I schedule planning calls with the speakers. This morning, unexpectedly, I found myself in the middle of a debate between my two panelists on the Planning Benchmarking Panel for the Summit. We feel so strongly about this that we do not have an inventory planning role.” Planning is not planning.

7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all. This operation was proving too costly and too slow, so the company launched an initiative to achieve a 10% supply chain cost reduction within four years.

Visibility, Analytics & Intelligence: Get full transparency on your supply chain, not just in times of crisis!

SupplyOn

SupplyOn Analytics links internal and external information – thus ensuring visibility and a robust, crisis-proof supply chain Planning, purchasing, logistics and transport management are traditionally separate processes, typically located in different departments. The aim was to make better use of the information from the different internal and external IT systems in order to meet the challenges of a digital supply chain.

Should We Celebrate this Marriage?

Supply Chain Shaman

At the time, we were both deployed as consultants for Manugistics to help a manufacturing company to implement end-to-end planning. My goal was to implement demand and supply planning. Ellen’s was to design and execute the transportation planning logic. Together, we sat on the bed and tried to map the process flows from supply planning. The output for planned orders needs to connect somewhere. I celebrated a supply chain IPO.

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Top Logistics & Supply Chain Blogs We Followed in 2018 & Suggest You Follow in 2019

Shipchain

Blockchain technology is a major disruptor in the supply chain. It stands to change the game as we know it by giving companies a better way to ensure traceability throughout vast supply chain networks. In order to properly disrupt the supply chain of today, you need to know everything there is to know about it. At ShipChain, we make it a priority to stay up to date on all of the latest and greatest in supply chain innovation. Freight Hub.

Automation in the supply chain to get major boost in 2019

EFT

Exactly half of respondents said that automating aspects of their supply chain was either an immediate or an advanced priority. Pretty much every company is using more robots in auto-filling and sticking them into their distribution services,” says Himanshu Rautela, currently on sabbatical at MIT from his role as Senior Manager, Supply Chain Planning at Walmart. Interviews with multiple supply chain experts from multiple angles.

Green Supply Chain Management - Infosys Blogs

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape. Ways to build Green Supply Chain.

Sorry, I’m Not Sure: Supply Chain and Logistics Predictions for 2018

Talking Logistics

I will be wrong again,” I stated last year before making my supply chain and logistics predictions for 2017 , and I was right. But I was right with some of my other predictions, especially my prediction that we would see a rise in cyber attacks in 2017, with supply chain and logistics operations becoming new targets. It echoed the title of my September 2016 post, “ The Day a Cyber Attack Brings the World’s Supply Chains to a Halt.”. Source: Evan, Flikr.

Writing: Working on My Book

Supply Chain Shaman

Supply Chain Leader. I loved the quote that I captured today in my interview (see above), and I have enjoyed interviews with supply chain leaders like Peter Gibbons. As background, Peter Gibbons is the Executive Vice President, Global Supply Chain for Mattel, Inc. He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering.

Supply Chain Management:Retailer Multi-Channel Operations.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape. Supply Chain Management.

Supply Chain Management:The Role of Information Sharing in.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape. Supply Chain Management.

The end of just-in-time?

EFT

Supposedly Toyoda was inspired by supermarkets, and it’s fair to say that in this crisis both auto manufacturers and grocers have been caught out by the sudden changes in supply and demand, with factories shutdown and shelves often empty. Not anymore,” believes Erik Caldwell, Divisional Chief Operations Officer, XPO Logistics - Supply Chain (Americas & Asia Pacific). COVID-19 disruptions made it difficult for them to manage their supply chains.”.

Time to turn around inventory falls by two days says new report

EFT

Customer demands for faster and faster service are having an effect across the supply chain finds eyefortransport’s new D3 2019 report. More integrated supply chains are being driven by the challenges presented by a growing e-commerce environment, with the most resource-intensive and problematic part of this being the last mile. Interviews with multiple supply chain experts from multiple angles.

50 expert tips on logistics planning and strategy

6 River Systems

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. Luckily, the current movers and shakers of the logistics and supply chain world are all too happy to dole out sage advice in the form of blog posts, interviews, podcasts — you name it. The tips below cover everything from unified supply chains to automated collaboration integration and beyond.

The Future of Logistics—20 Trends to Follow in 2017

FLEXE

Supply chain is now a key competitive advantage for businesses. Companies like Amazon and Inditex , who set new industry standards for innovative logistics in 2016, are a testament to the role supply chain plays in a company’s success. As we ring in 2017, one thing is for sure: CEOs and CFOs will be putting more emphasis on supply chain. In 2016, we saw this with Unilever’s partnership with technology startup Convoy—an on-demand freight business.