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Regional supply chain companies are attempting to define global requirements. They are well versed in requirements for regional supply chain planning, but they are attempting to redefine their processes and be more global. Initially companies believe regional planning systems easily adapt to become global, but they quickly learn otherwise and hit roadblocks. Success in Supply Chain Planning Is a Flip of a Coin. MORE
The global economy rebound from COVID-19 hinges on the discovery and manufacture of an effective vaccine. However, supply chain leaders well understand that drug discovery, manufacturing, and distribution are all necessary to deliver the vaccine to a willing arm. Development and distribution, as any supply chain leader knows, are two different topics. As a result, the supply chain, as we knew it is dead. Design agile supply chains. MORE
Next week is the annual Supply Chain Insights Global Summit , and summit preparation is on my agenda for the weekend. We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.” Inventory is both. MORE
New technologies revolutionizing transportation are creating tremendous opportunities but also unprecedented challenges for tire manufacturers. The establishment of efficient global supply chains has become critical to competitiveness. MORE
Editor’s Note: Last year ToolsGroup became Microsoft’s partner for Multi-echelon Inventory Optimization (MEIO) in Industrial accounts. Microsoft’s Bill Moffett and I collaborated on an introductory blog on MEIO for manufacturing businesses. On a much larger scale, manufacturers can forfeit working capital by keeping large amounts of inventory on hand to help satisfy wide-ranging customer demand. Successfully managing inventory is increasingly difficult. MORE
I was moving from a position where I led a manufacturing operation to being a part of a team to design supply chain software to improve planning decisions. I was moving from the world of manufacturing to a new world of software. The tension I felt reading the brochure on the plane is what I believe every supply chain leader feels every day. The technology world moves at a quicker pace than the world of manufacturing and distribution. MORE
Businesses around the world are learning to adapt as best they can to the COVID-19 supply chain impact. Unpredictable consumer behavior in response to macro events creates demand volatility in every link of global supply chains. The number-one defense against this radical uncertainty is a resilient supply chain that’s ready for anything. If you do the math there, you have to make 748,000 inventory decisions per month. MORE
When a massive disruption such as a global pandemic hits, many businesses realize that their legacy planning solutions are not capable of providing the insights they need to manage such disruptions effectively. What they need is a supply chain solution that will enable them to stay on top of problems, minimize damage and stay ahead of competitors. It is a necessary part of supply chain risk management. Are you making the most of your supply chain? MORE
In the last six months, in my travels, I have presented to supply chain teams in China, Belgium, France, Germany, Peru, Mexico, Netherlands, South Africa, Singapore, and the United Kingdom. I strongly feel that if I am going to cover the global supply chain that I need to experience it. Connectivity enabled the growth of the global supply chain opening up markets driving opportunity. However, globalization comes with responsibility. MORE
When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” ” I have been studying the evolution of inventory technologies as an industry analyst since 2002. The supply chain is a complex system with increasing complexity. The Inventory Management Journey. MORE
What was once thought to only be an issue in China is now a global pandemic, with thousands infected and a huge majority of businesses forced to close down their offices or suspend operations indefinitely. It is now clear that we have never witnessed anything quite like Coronavirus before, and people, businesses, and supply chains may not be ready for what’s to come. . Coronavirus’s impact on global supply chain operations . Supply Chain MORE
Achieving global supply chain visibility is a journey that companies have been on for many years, but most haven’t reached that promised land yet. How do you translate global supply chain visibility into actual business benefits? Those are just some of the questions I discussed with Julian Duerschmidt, VP Global Supply Chain Optimization at GEODIS , in a recent episode of Talking Logistics. Defining Global Supply Chain Visibility. MORE
Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Colin: What are some of the global trends currently impacting demand modeling, supply chain planning, and supply variability? But that’s not the only shift in manufacturing. Clearly ToolsGroup is recognized as a leader in the supply chain space. MORE
The manufacturing industry has a strong heritage of adopting game-changing technologies to deliver higher quality products more efficiently. With the introduction of digital supply chains, the industry is moving into an era arguably on par with the industrial revolution. In a recent KPMG study, 69% of manufacturing CEOs say acting with agility is “the new currency of business; if we’re too slow, we will be bankrupt.” Excess and obsolete inventory. MORE
The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning. Today only 12% of supply chain teams are driving improvement, performing better than their competitors and driving value (as determined by Price to Tangible Book Value). As companies prepare for Supply Chain 2030, we think that it is time to rethink the basics. Seven Predictions for Supply Chain 2030. MORE
Subscribe to Supply Chain Game Changer. Is Your Supply Chain Ready To Recover? Disaster Recovery Planning and Risk Management processes are foundational elements of any effective Supply Chain operation and strategy. The effectiveness of both these tools enacted by Supply Chain crisis leadership skills are being tested to a historic degree by the outbreak of the Coronavirus. All of this is now being consider a global pandemic. MORE
These consumer products global leaders paved the road for supply chain excellence by defining new supply chain practices. Over the last decade, each company took a different path to power global growth. Today, each leader wants to take their empowered team to new supply chain heights. At Supply Chain Insights, we published a report card yesterday. Supply chain leaders make progress in three-to-five years. MORE
A manufacturer’s operations are constantly exposed to the risk of inconsistent supply. When it happens, supply chain managers can sometimes face a level of disruption that goes beyond the threshold of correction. However, major disruptions are not just sparked by global crises. Upheavals in one country can heavily impact manufacturers worldwide, too. MORE
With over 17,000 infections and more than 300 deaths, recent news about the outbreak of the coronavirus in China has grabbed attention from a global audience, including supply chain and logistics managers. Due to the virus, factories and logistics hubs at the epicenter in China’s Wuhan region have shut down and with it, many of the world’s largest intermediate manufactured product exporters are stalled. MORE
As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. The Sam’s Club and Costco shortages of water, toilet paper and laundry products signals one thing for me: the spread of the virus will disrupt every supply chain. As markets shift, supply chains struggle to adjust. The order is a poor proxy for demand and few supply chains have access to consumption data. MORE
Let me start with a true confession: I am a manufacturing gal. I relished the sound of a manufacturing line when I opened the door of the factory in the morning, and I liked managing inputs so that we could maximize outputs. Manufacturing is the foundation of my interest in supply chain management. Supply Chain and Design. In manufacturing, I became good at labor bargaining. Figure 1: Definition of the Supply Chain Organization. MORE
Editor’s Note: Last year ToolsGroup became Microsoft’s partner for Multi-echelon Inventory Optimization (MEIO) in Industrial accounts. Microsoft and I collaborated on a blog introducing the basic concept of MEIO, comparing it with Inventory Optimization. Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. Inventory Optimization MORE
It is difficult to put into exact figures the effects the coronavirus pandemic has had on global industry. Overall, factory shutdown and manufacturing delays have shrunk foreign direct investment by 5-15% , as global trade and supply is interrupted. Manufacturing. MORE
This afternoon, I poured myself a cup of tea to pen congratulation emails to the Supply Chains to Admire award winners. It is now our fifth year of analyzing balance sheets to understand which companies are outperforming their peer groups on the metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC) while driving improvement. Each year, based on feedback from supply chain leaders, we refine the methodology. MORE
For the first in seven years, I was not heads-down preparing for The Supply Chain Insights Global Summit. Pre-pandemic only 30% of supply chain leaders were satisfied with their supply chains, and during the pandemic, business leader satisfaction is falling precipitously. MORE
Bottom Line: The heightened priority on health & safety is leading to a renaissance of traceability in manufacturing across many industry sectors as every business strives to keep its employees, customers, and suppliers safe. Reliance on Traceability in Manufacturing Is Growing. MORE
At Flextronics in Milpitas, CA, judges from outside of the Flextronics organization also contribute to the nature of Flex’s global lean competition. LEAN, Supply Chain Optimization, Logistics, Warehouse and Cost Reduction Consultant. Twitter Google+ LinkedIn The post How to Sustain a Lean Culture in Manufacturing & Supply Chain appeared first on Transportation Management Company | Cerasis. Lean Manufacturing Supply Chain lean culture MORE
In my work with Supply Chain Insights , I immerse myself in learning. I continually question my long-held beliefs on supply chain excellence. . When readers finish a Supply Chain Shaman blog, I want to drive a set of unique takeaways. Today, I am going to share five insights that I have gleaned from our work on Supply Chain Planning Benchmarking. Figure 1: Supply Chain Planning Benchmarking Methodology Overview. MORE
There’s still a strong demand for supply chain planning solutions, particularly ones with machine learning capabilities that can help clients rapidly adapt to the changing supplier situations and consumer demand that goes along with major disruptions like this. . MORE
Over the years we’ve built strong relationships with hundreds of global companies, and we hear the same challenges again and again: they can’t accurately plan for intermittent demand, they’ve got too much capital tied up in inventory, and their planners are overwhelmed by data management and complicated math. In an ever-changing global economy with all its unexpected twists and turns, supply chain leaders are looking for a way to be ready for anything the real world throws at them. MORE
In my work with manufacturing companies recently, I am thinking a lot about the need for diagnostic testing. Time For A Supply Chain Check-Up? When a company contacts me to help them with their supply chain, the pain is usually a gap in customer service. They tend to have many pretty PowerPoint slide decks–full of acronyms, pretty pictures and E2E commitments–but they lack a common definition of supply chain excellence. inventory turns. MORE
Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Colin: What are some of the global trends currently impacting demand modeling, supply chain planning, and supply variability? But that’s not the only shift in manufacturing. Clearly ToolsGroup is recognized as a leader in the supply chain space. MORE
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. Amazon sells more than 3 billion products through 11 different country marketplaces globally. So what’s the secret of making supply chain uncertainty work for you? achieving the same overall customer service level objective with far less inventory expense. MORE
Global manufacturing today faces significant operational challenges. How should manufacturers adapt to meet the challenges and shift from product-centric to customer-centric operations? In addition to adapting strategic operations, manufacturing companies also require a tactical ability to plan and execute flawlessly at the facility level. Manufacturing Operations Management (MOM) and Planning & Optimization are both critical parts of the optimal solution. MORE
At Supply Chain Insights , as we combed through over 9000 quantitative responses on supply chain management from business leaders to understand what drives supply chain excellence in preparation for the Supply Chain Insights Global Summit , in the process, we proved Hau Lee’s theorem in the Famous Harvard Business Review Article, “Triple A Supply Chains.” First, great supply chains are agile. MORE
After finishing the Supply Chains to Admire report and the Youtube series (to be released this week), this is my feeling. What Is Supply Chain Excellence? The seven years of work on the Supply Chains to Admire is part of my quest to answer Keith’s question. MORE
Global Inventory Manufacturing Supply Chain DELMIA Quintiq
NOVEMBER 17, 2020
New technologies revolutionizing transportation are creating tremendous opportunities but also unprecedented challenges for tire manufacturers. The establishment of efficient global supply chains has become critical to competitiveness.
Supply Chain Shaman
JULY 19, 2020
After finishing the Supply Chains to Admire report and the Youtube series (to be released this week), this is my feeling. What Is Supply Chain Excellence? The seven years of work on the Supply Chains to Admire is part of my quest to answer Keith’s question.
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ToolsGroup
FEBRUARY 4, 2020
The manufacturing industry has a strong heritage of adopting game-changing technologies to deliver higher quality products more efficiently. With the introduction of digital supply chains, the industry is moving into an era arguably on par with the industrial revolution. In a recent KPMG study, 69% of manufacturing CEOs say acting with agility is “the new currency of business; if we’re too slow, we will be bankrupt.” Excess and obsolete inventory.
Supply Chain Shaman
NOVEMBER 6, 2016
Regional supply chain companies are attempting to define global requirements. They are well versed in requirements for regional supply chain planning, but they are attempting to redefine their processes and be more global. Initially companies believe regional planning systems easily adapt to become global, but they quickly learn otherwise and hit roadblocks. Success in Supply Chain Planning Is a Flip of a Coin.
DELMIA Quintiq
APRIL 21, 2020
When a massive disruption such as a global pandemic hits, many businesses realize that their legacy planning solutions are not capable of providing the insights they need to manage such disruptions effectively. What they need is a supply chain solution that will enable them to stay on top of problems, minimize damage and stay ahead of competitors. It is a necessary part of supply chain risk management. Are you making the most of your supply chain?
Supply Chain Shaman
SEPTEMBER 10, 2020
For the first in seven years, I was not heads-down preparing for The Supply Chain Insights Global Summit. Pre-pandemic only 30% of supply chain leaders were satisfied with their supply chains, and during the pandemic, business leader satisfaction is falling precipitously.
|
Supply Chain Shaman
APRIL 30, 2020
The global economy rebound from COVID-19 hinges on the discovery and manufacture of an effective vaccine. However, supply chain leaders well understand that drug discovery, manufacturing, and distribution are all necessary to deliver the vaccine to a willing arm. Development and distribution, as any supply chain leader knows, are two different topics. As a result, the supply chain, as we knew it is dead. Design agile supply chains.
ToolsGroup
AUGUST 28, 2018
Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Colin: What are some of the global trends currently impacting demand modeling, supply chain planning, and supply variability? But that’s not the only shift in manufacturing. Clearly ToolsGroup is recognized as a leader in the supply chain space.
Supply Chain Shaman
SEPTEMBER 13, 2016
The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning. Today only 12% of supply chain teams are driving improvement, performing better than their competitors and driving value (as determined by Price to Tangible Book Value). As companies prepare for Supply Chain 2030, we think that it is time to rethink the basics. Seven Predictions for Supply Chain 2030.
ToolsGroup
APRIL 3, 2018
Editor’s Note: Last year ToolsGroup became Microsoft’s partner for Multi-echelon Inventory Optimization (MEIO) in Industrial accounts. Microsoft’s Bill Moffett and I collaborated on an introductory blog on MEIO for manufacturing businesses. On a much larger scale, manufacturers can forfeit working capital by keeping large amounts of inventory on hand to help satisfy wide-ranging customer demand. Successfully managing inventory is increasingly difficult.
Supply Chain Shaman
JUNE 26, 2016
In the last six months, in my travels, I have presented to supply chain teams in China, Belgium, France, Germany, Peru, Mexico, Netherlands, South Africa, Singapore, and the United Kingdom. I strongly feel that if I am going to cover the global supply chain that I need to experience it. Connectivity enabled the growth of the global supply chain opening up markets driving opportunity. However, globalization comes with responsibility.
|
ToolsGroup
AUGUST 28, 2018
Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Colin: What are some of the global trends currently impacting demand modeling, supply chain planning, and supply variability? But that’s not the only shift in manufacturing. Clearly ToolsGroup is recognized as a leader in the supply chain space.
Supply Chain Shaman
JULY 19, 2015
In my work with Supply Chain Insights , I immerse myself in learning. I continually question my long-held beliefs on supply chain excellence. . When readers finish a Supply Chain Shaman blog, I want to drive a set of unique takeaways. Today, I am going to share five insights that I have gleaned from our work on Supply Chain Planning Benchmarking. Figure 1: Supply Chain Planning Benchmarking Methodology Overview.
Supply Chain Shaman
SEPTEMBER 3, 2018
At Supply Chain Insights , as we combed through over 9000 quantitative responses on supply chain management from business leaders to understand what drives supply chain excellence in preparation for the Supply Chain Insights Global Summit , in the process, we proved Hau Lee’s theorem in the Famous Harvard Business Review Article, “Triple A Supply Chains.” First, great supply chains are agile.
Supply Chain Shaman
MAY 3, 2015
When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” ” I have been studying the evolution of inventory technologies as an industry analyst since 2002. The supply chain is a complex system with increasing complexity. The Inventory Management Journey.
ToolsGroup
SEPTEMBER 15, 2020
There’s still a strong demand for supply chain planning solutions, particularly ones with machine learning capabilities that can help clients rapidly adapt to the changing supplier situations and consumer demand that goes along with major disruptions like this. .
DELMIA Quintiq
MAY 5, 2020
A manufacturer’s operations are constantly exposed to the risk of inconsistent supply. When it happens, supply chain managers can sometimes face a level of disruption that goes beyond the threshold of correction. However, major disruptions are not just sparked by global crises. Upheavals in one country can heavily impact manufacturers worldwide, too.
Supply Chain Shaman
SEPTEMBER 3, 2015
Next week is the annual Supply Chain Insights Global Summit , and summit preparation is on my agenda for the weekend. We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.” Inventory is both.
Supply Chain Shaman
MAY 13, 2015
Let me start with a true confession: I am a manufacturing gal. I relished the sound of a manufacturing line when I opened the door of the factory in the morning, and I liked managing inputs so that we could maximize outputs. Manufacturing is the foundation of my interest in supply chain management. Supply Chain and Design. In manufacturing, I became good at labor bargaining. Figure 1: Definition of the Supply Chain Organization.
Supply Chain Shaman
OCTOBER 22, 2015
I was moving from a position where I led a manufacturing operation to being a part of a team to design supply chain software to improve planning decisions. I was moving from the world of manufacturing to a new world of software. The tension I felt reading the brochure on the plane is what I believe every supply chain leader feels every day. The technology world moves at a quicker pace than the world of manufacturing and distribution.
ToolsGroup
MARCH 4, 2020
Over the years we’ve built strong relationships with hundreds of global companies, and we hear the same challenges again and again: they can’t accurately plan for intermittent demand, they’ve got too much capital tied up in inventory, and their planners are overwhelmed by data management and complicated math. In an ever-changing global economy with all its unexpected twists and turns, supply chain leaders are looking for a way to be ready for anything the real world throws at them.
Talking Logistics
JANUARY 2, 2019
Achieving global supply chain visibility is a journey that companies have been on for many years, but most haven’t reached that promised land yet. How do you translate global supply chain visibility into actual business benefits? Those are just some of the questions I discussed with Julian Duerschmidt, VP Global Supply Chain Optimization at GEODIS , in a recent episode of Talking Logistics. Defining Global Supply Chain Visibility.
Cerasis
MARCH 23, 2016
At Flextronics in Milpitas, CA, judges from outside of the Flextronics organization also contribute to the nature of Flex’s global lean competition. LEAN, Supply Chain Optimization, Logistics, Warehouse and Cost Reduction Consultant. Twitter Google+ LinkedIn The post How to Sustain a Lean Culture in Manufacturing & Supply Chain appeared first on Transportation Management Company | Cerasis. Lean Manufacturing Supply Chain lean culture
Supply Chain Game Changer
MARCH 3, 2020
Subscribe to Supply Chain Game Changer. Is Your Supply Chain Ready To Recover? Disaster Recovery Planning and Risk Management processes are foundational elements of any effective Supply Chain operation and strategy. The effectiveness of both these tools enacted by Supply Chain crisis leadership skills are being tested to a historic degree by the outbreak of the Coronavirus. All of this is now being consider a global pandemic.
IQMS
OCTOBER 5, 2020
Bottom Line: The heightened priority on health & safety is leading to a renaissance of traceability in manufacturing across many industry sectors as every business strives to keep its employees, customers, and suppliers safe. Reliance on Traceability in Manufacturing Is Growing.
ToolsGroup
APRIL 13, 2020
Businesses around the world are learning to adapt as best they can to the COVID-19 supply chain impact. Unpredictable consumer behavior in response to macro events creates demand volatility in every link of global supply chains. The number-one defense against this radical uncertainty is a resilient supply chain that’s ready for anything. If you do the math there, you have to make 748,000 inventory decisions per month.
OneSCM
FEBRUARY 7, 2020
With over 17,000 infections and more than 300 deaths, recent news about the outbreak of the coronavirus in China has grabbed attention from a global audience, including supply chain and logistics managers. Due to the virus, factories and logistics hubs at the epicenter in China’s Wuhan region have shut down and with it, many of the world’s largest intermediate manufactured product exporters are stalled.
Supply Chain Shaman
MARCH 9, 2020
As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. The Sam’s Club and Costco shortages of water, toilet paper and laundry products signals one thing for me: the spread of the virus will disrupt every supply chain. As markets shift, supply chains struggle to adjust. The order is a poor proxy for demand and few supply chains have access to consumption data.
ToolsGroup
AUGUST 7, 2018
Editor’s Note: Last year ToolsGroup became Microsoft’s partner for Multi-echelon Inventory Optimization (MEIO) in Industrial accounts. Microsoft and I collaborated on a blog introducing the basic concept of MEIO, comparing it with Inventory Optimization. Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. Inventory Optimization
ToolsGroup
APRIL 12, 2019
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. Amazon sells more than 3 billion products through 11 different country marketplaces globally. So what’s the secret of making supply chain uncertainty work for you? achieving the same overall customer service level objective with far less inventory expense.
Supply Chain Shaman
JUNE 19, 2018
This afternoon, I poured myself a cup of tea to pen congratulation emails to the Supply Chains to Admire award winners. It is now our fifth year of analyzing balance sheets to understand which companies are outperforming their peer groups on the metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC) while driving improvement. Each year, based on feedback from supply chain leaders, we refine the methodology.
USC Consulting Group
AUGUST 17, 2020
It is difficult to put into exact figures the effects the coronavirus pandemic has had on global industry. Overall, factory shutdown and manufacturing delays have shrunk foreign direct investment by 5-15% , as global trade and supply is interrupted. Manufacturing.
Supply Chain Shaman
AUGUST 7, 2019
In my work with manufacturing companies recently, I am thinking a lot about the need for diagnostic testing. Time For A Supply Chain Check-Up? When a company contacts me to help them with their supply chain, the pain is usually a gap in customer service. They tend to have many pretty PowerPoint slide decks–full of acronyms, pretty pictures and E2E commitments–but they lack a common definition of supply chain excellence. inventory turns.
Shipchain
MARCH 17, 2020
What was once thought to only be an issue in China is now a global pandemic, with thousands infected and a huge majority of businesses forced to close down their offices or suspend operations indefinitely. It is now clear that we have never witnessed anything quite like Coronavirus before, and people, businesses, and supply chains may not be ready for what’s to come. . Coronavirus’s impact on global supply chain operations . Supply Chain
Supply Chain Shaman
AUGUST 5, 2015
These consumer products global leaders paved the road for supply chain excellence by defining new supply chain practices. Over the last decade, each company took a different path to power global growth. Today, each leader wants to take their empowered team to new supply chain heights. At Supply Chain Insights, we published a report card yesterday. Supply chain leaders make progress in three-to-five years.
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