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Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

” Here is an excerpt from the article: “…it isn’t by becoming more efficient that the supply chains of Wal-Mart, Dell, and Amazon have given those companies an edge over their competitors. First, great supply chains are agile. Supply Chain Planning.

Supply Chain 2030: Forge a New Path

Supply Chain Shaman

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.

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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. 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. Let’s learn and apply it to supply chain management.

SanDisk’s Story of Customer Segmentation Strategies Using Inventory Postponement

Supply Chain Shaman

As supply chain clichés take flight, clients struggle with execution. One of these concepts that I hear a lot; but see few tangible examples, is the idea of “customer-segmented supply chain.” The discussion of customer-segmented supply chains happens often. Most supply chain planning teams do not know their customers. In my opinion, we have made procurement increasingly complex without adding value.

A Supply Chain Evangelist can help your mid-size company get on board with strategic supply chain improvements

OneSCM

I recently participated in a Supply & Demand Chain Executive panel webinar on the procurement challenges of small and mid-size companies. As you can imagine, the challenges are many, ranging from poor visibility, productivity, and predictability, to low inventory turns, difficulty gathering data to measure supplier performance, and problems reconciling/matching/paying supplier invoices on time. Champion the Cause with a “Supply Chain Evangelist”.

Supply Chain KPIs You’ll Want Every Morning

Logility

A quick scan of the Internet will yield a long list of “the biggest-ever supply chain disasters”. in inventory write-down and 20% drop in stock value. Would access to better supply chain and IT performance information have helped avert or mitigate these failures?

Why Our Goal Should Not Be an Integrated Supply Chain

Supply Chain Shaman

This week I spoke at an SAS Global Analytics Summit on the connected supply chain. In my view, the connected supply chain is very, very different from the integrated supply chain. In 2002 I worked for Gartner Group in the business applications practice. At the time, I worked in a group that built a model termed ERP II. This model endorsed ERP as the system of record for the supply chain. What Is a Connected Supply Chain?

How Is Your Supply Chain Chutzpah?

Supply Chain Shaman

The supply chain world is dominated by men. So, why is it that in this male-dominated world of supply chain there is very little chutzpah? The supply chain team takes and ships orders. The supply chain team with chutzpah has courage. They build the end-to-end value chain outside-in and align commercial and operational strategies. Many supply chain teams have aggressively cut costs to fund an organization’s growth.

Optimising M&M Spares Supply Chain – LogiSYM August 2020

The Logistics & Supply Chain Management Society

15% decrease in inventory. With Blue Yonder capabilities, Mahindra & Mahindra Spares Business Unit (M&M SBU) now has greater visibility regarding demand, inventory, supply and distribution plans and are able to make more accurate and timely supply chain decisions.

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Judging Supply Chain Improvement: Campbell Soup Case Study

Supply Chain Shaman

Over the course of the last two years, we at Supply Chain Insight s have worked on a methodology to gauge supply chain improvement. We named it the Supply Chain Index. We have found that supply chain metrics are gnarly and complicated.During During the last two months, we have been interviewing supply chain leaders to get their views on the methodology. We also believe that it needs to be based upon their peer group.

Still Don’t Know How Many Slaves Are In Your Supply Chain?

Talking Logistics

How many slaves are in your supply chain? Last week, the Chartered Institute of Procurement & Supply (CIPS), a leading international body representing purchasing and supply management professionals, issued a press release highlighting findings from a survey it conducted showing that relatively few companies are ready to comply with the UK’s Modern Slavery Act , which was passed in March 2015 with enforcement set to begin on April 1, 2016.

The Coronavirus Is Shattering Traditional Supply Chains

ivalua

A March 11 analysis by trading platform Forex.com claimed that nearly 75% of all companies had already reported supply-chain disruptions, with more than 80% believing that at some point they would experience impacts as a result of COVID-19 disruptions. For a business to deliver its promise to its customers, it must have a properly functioning supply chain,” Goker Aydin, an expert in business analytics at the Carey Business School of Johns Hopkins University, recently observed.

Want better supplier adoption of your procurement portal? Start by asking your own sales staff.

OneSCM

In my conversations with mid-market companies looking to implement supply chain improvements, supplier adoption routinely ranks near the top of concerns. A good portion of the value provided by automating procurement and payables processes comes from the labor and cost savings generated from fewer errors and less manual work. If it is to deliver on that promise, however, the supply base has to get on board. Ability to manage their own users and notification groups.

Digital Transformation of Supply Chain Planning at SKF

ToolsGroup

The company is moving from location-based planning to a global planning model, including a complete revamp of its supply chain planning operations to processes organized by product and factory. As Jörg Schlager, SKF's Business Transformation Manager - Demand Chain, describes it, the company is looking around and seeing disruption everywhere. This prodded SKF to a new demand chain vision. Inventory planning was local. Inventories themselves were often local.

Supply Chain Control Towers

Enterra Insights

When the move toward supply chain digitization began, the control tower analogy seemed like a natural step in the process. Here’s the rub: Beyond the name, airport and supply chain control towers have little in common. Supply chain control towers have few standards, often lack needed information, and often have to deal with global operations. ”[2] His answer, “From my perspective it must be a holistic supply chain solution.”

Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020

The Logistics & Supply Chain Management Society

“Managing supply chain and logistics has never been more significant and challenging since the outbreak of COVID-19 that created a new norm with high uncertainty and enforced an inevitable shift”. Logistics and supply chain management is a rapidly evolving field. Increasing supply chain vulnerability along with uncertainty and disruption, are exposing business ecosystems and accelerating the need for digital transformation.

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Transforming the GCC Chemical Industry with Supply Chain Integration – LogiSYM September 2020

The Logistics & Supply Chain Management Society

Following COVID-19 the global chemical supply chain market reported a severe decline in output. Overcoming these challenges, regional chemical manufacturers and suppliers are now forced to rethink and readjust their global supply chain model. The answer – supply chain integration. Collaboration amongst partners is essential to address challenges, ranging from demand-supply volatility to fulfilling orders on time.

Evaluating Supply Chain Transformation

Enterra Insights

The new year is also a good time for supply chain professionals to evaluate how their value chains need to transform in the months and years ahead to meet changing business conditions, such as the recent coronavirus outbreak. I believe most professionals will discover their supply chains need to become more agile. ” If you’re not supply is not agile, it will fail to make the grade. Finished goods inventory? Supply chain risks?

What does it take to build a best-in-class supply chain?

Kinaxis

by Alexa Cheater Avaya: A supply chain management case study. That’s what high-tech giant Avaya had to do when the company decided to radically change up how it manages its supply chain. Going from a self-proclaimed worst-in-class supply chain to one of the best in the business was no easy feat, but the rewards were well worth the effort. “In The company has reduced supply chain expense by 50% and decreased cash tied up in net inventory by 94%.

How Machine Learning Is Redefining Supply Chain Management

IQMS

Bottom line: Machine learning makes it possible to discover patterns in supply chain management data by relying on algorithms that quickly pinpoint the most influential factors to a supply networks’ success, while constantly learning in the process. Discovering new patterns in supply chain data has the potential to revolutionize any business. New knowledge and insights from machine learning are revolutionizing supply chain management as a result.

HCL Tech signs global alliance agreement with JDA Software Group

Supply Chain Network

From IIFL: “HCL Technologies, a leading global IT services provider, announced today that it has signed a global alliance agreement with the JDA Software Group, Inc, leader in supply chain management. The alliance addresses the unique supply chain challenges for business in the areas like planning, procurement, production, distribution, warehousing, inventory, transportation and customer services.

European Supply Chain Directors Forum 2016

Supply Chain Movement

European Supply Chain Directors Forum. Organisation: Accucore Group. European Supply Chain Directors Forum brings together 100 members from the manucoreCONNECT community for two active days of debate, interaction, networking and thought leadership. Our members will focus on the latest trends in Supply Chain and debate the most up to date innovations available to the industry. Our members include: VPs/Directors/Group Heads in: Supply Chain.

Takeaways from the IBM Watson Supply Chain Summit

Talking Logistics

In fact, at one conference this spring, after delivering a keynote presentation that had nothing to do with technology, the very first question I received from the audience was “What do you think about blockchain and its potential in supply chain management?”.

Podcast: VC Brian Aoaeh on the Future of Supply Chain Investment

Requis

Venture capital (VC) investor, columnist and educator Brian Aoaeh is part of the new generation of investors who are unlocking the opportunities in supply chain. Steeped in the investment world since 2008, Brian decided very early on to focus on supply chain and operations investment. He is one of a very small group of experts that other investors turn to for advice. Supply Chain Next · 013 – Brian Aoaeh, CFA.

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.

Procurement Transformation Delays – The Role of Personality!

Supply Chain Game Changer

Article provided to Supply Chain Game Changer by Katalin Brennan at Eyvo E-Procurement. We’ve all heard of the need for Procurement to embrace the Digital Transformation for many years. There are few procurement-specific personality surveys available. However, I am aware of one from Pierre Mitchell that found the Myers-Briggs ESTJ type is the dominant one in procurement with over 20% of survey takers. Time to Look into the Future of Procurement!

Building Recession-beating Supply Chain Resilience & Agility

Unleashed

Confronted with a pandemic, we’ve seen global supply chains struggle to cope with the consequences of isolation and work-from-home orders. How to build resilient supply chains. The inventory to sales ratio, also known as inventory turnover , measures the amount of inventory in your store compared to the number of sales you’re fulfilling. It may also indicate supply and demand are imbalanced. Introduce digital procurement technology.

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Supply Chain Personified! The Link Between Your Company Silos!

Supply Chain Game Changer

Check out What Exactly Is Supply Chain Management? But the Supply Chain team is uniquely positioned to bridge all of these silos and islands. Supply Chain is truly the link that can hold your company together! The Role of the Supply Chain Team.

2020 Requires Big Wings and Feet

Supply Chain Shaman

After the Supply Chain Insights Global Summit , I took the time to recharge and took a month off from writing. The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. The focus is on the role of supply chain finance in driving supply chain excellence. The discussions are with groups of executives—often ex-management consultants. The supply chain is a complex non-linear system.

All Across Business, Chief Supply Chain Officers are on the Rise

Kinaxis

by Alexa Cheater This guest post comes to us from Argentus Supply Chain Recruiting , a boutique recruitment firm specializing in Supply Chain Management. Following on the success of our recent post about the Rise of the Supply Chain C.E.O , we wanted to cover the topic of the emergence of Supply Chain into a C-suite function from another angle. It discussed some prominent “Supply Chain CEOs” (including Apple’s Steve Cook and G.M.’s

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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Gartner’s 2018 Top 25 Supply Chains List! Is it Still Relevant?

Supply Chain Game Changer

Gartner recently announced their 2018 Top 25 Supply Chains List. But as I review the list, compare it to prior years, and consider the scoring methodology I do wonder whether the list in its current form continues to be relevant for identifying the best of the Supply Chain.

Driving Organizational Alignment

Supply Chain Shaman

In supply chain strategy documents, terms like alignment, agility, responsiveness, and flexibility dot the page. In meetings, groups nod their heads that the strategy is correct. The average supply chain organization is fifteen years old, and the practice of supply chain management is just thirty years old. The practices are still emerging and have morphed dramatically over the course of the supply chain leader’s career.

Who Should Be In The Winner’s Circle?

Supply Chain Shaman

I struggled to manage myself as I settled in elbow-to-elbow with the group to listen to the presentation. When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. The methodology did not include a peer group analysis, and I strongly felt that chemical, retail, and telecommunications companies should not be compared in the same analysis. Orbit Chart of Lenovo Performance Against Peer Group.

Supply Chain Finance Summit – 2017

Supply Chain Movement

Supply Chain Finance Summit. Url: www.bcrconferences.com/events/supply-chain-finance-summit-. Launched in January 2016, BCR’s first Supply Chain Finance Summit, held in Frankfurt, showed that the market for supply chain finance (SCF) is lighting up. Speakers Confirmed for the 2017 SCF Summit Include: David Loseby, Group Procurement Director, INCHCAPE. Enrico Camerinelli, Senior Research Analyst Europe, Aite Group.