by Melissa Clow Our partner Celestica recently published the following article, ‘How to Turn Your Supply Chain into an Innovation Engine’. The author, Erwin Hermans, vice president of supply chain services, describes the areas to consider when turning your supply chain into an innovation engine: An Enabler for New Business Models. Tune the Supply Chain to the Demand. How to Take an Idea into Practice. Let’s look at how the old way of thinking can change. MORE
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. Damage to product when handled or in transit. MORE
Recently it seems that more and more organizations are recognizing that their supply chains are a key component to the organization’s success. From the increasing adoption of a chief supply chain officer at major organizations to discussions of legislative changes , the influence of the supply chain on competitive advantage is more recognized than ever. Not everyone has the necessary skills to be a successful supply chain design analyst. MORE
What he failed to mention was that great risk also brings the potential for great loss — just ask any hedge fund or investment manager. Risk is not something only investment firms have to acknowledge. “With great risk comes great reward”, said Thomas Jefferson. MORE
However, how supply chain executives can streamline the decision making process? In this article, we invite a multidisciplinary group of experts to provide some insights. Firstly, It is important for executives to use integrated data across the business as the basis for any decision - Secondly, good decisions should be made by taking a “Lean” approach to any process that requires change. When we feel insecure about what to do, we hold off on decisions. MORE
I have the opportunity to travel the world with my job, and this has provided me with firsthand experience of the challenges facing many or our customers and prospects. dollar is making it difficult for many nations to maintain a good balance of trade. How to Do What the Best Banks Do. MORE
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. MORE
I often hear from novice shippers: “How can I find a great freight forwarder?”. Here are nine items to look for when searching for the best freight forwarder for your company: Research, Research, Research. Check for references to gage the reputation of the freight forwarder. MORE
In a recent HBR piece Find the weak link in your supply chain , David Simchi-Levi introduces the concept of Time to Survive (TTS). It is the maximum duration that the supply chain can match supply with demand after a node disruption. MORE
Well-designed loading dock procedures minimize delays, reduce damage to cargo and optimize productivity. Here are 3 quick ways to improve loading dock processes: Enhance Dock Safety. The loading dock is the access point for shipping and receiving. MORE
This increases the urgency for 3PLs to leverage on the best market trends to increase logistics flexibility. This is due to the diversification in the production schemes of manufacturers. How would that impact their current operations? MORE
A number of factors are converging upon the logistics industry — everything from “Uber for trucking” startups to new technologies and regulations to ongoing mergers and acquisitions. How are the rules for success changing for logistics service providers? How are leading companies positioning themselves for success as their supply chains become more dynamic, global, and complex? Click on the “Remind Me” button above or HERE to join the conversation! MORE
Are we fully prepared to tackle Holiday 2014 in a better way? Well, to put it simply, I’m not certain. Consider where we stand as of today: Delivery capacity: E-commerce has continued to grow in the double digits this year. MORE
The article, S&OP and Culture Change: How to Stay the Course , written by Kathleen Winter, describes how corporate culture can derail an otherwise successful S&OP implementation. and find shortcuts to achieving solutions. MORE
How to improve the efficiency of supply chain organization? Leading experts will tell you how to improve a team and create the positive changes that stick. Every nation has different practices and ways of behaviour - if we want a successful, well-oiled supply chain we need to tailor our systems and process to suit who we are doing business with. Try to take account of these when setting up real-time communications, such as teleconference calls. MORE
Solutions to managing a complex supply chain have ranged across: 1) avoidance; 2) relationship collaboration; 3) information technology; 4) flexible workforces; 5) supplier collaboration; 6) access to leadership: and 7) supplier/customer understanding. MORE
To tackle risks timely, we invite experts to explain what strategy really works. Christopher Tang, Distinguished Professor, UCLA Anderson School and Editor-in-Chief of the INFORMS journal Manufacturing and Service Operations Management (M&SOM) As supply chains become more complex, companies find their supply chains more vulnerable to both foreseeable uncertainty risks and unforeseeable disruption risks. Use dynamic pricing to manage demand of similar products. MORE
Inbound freight management is multifaceted and can eat up more than 40% of the average organization’s annual freight budget, according to Aberdeen Group. MORE
Supply chain network design involves decisions around the number and location of facilities: plants, warehouses, and supplier base and how products flow through them from raw materials to finished products. So we just need to reflect the flow of parts through those facilities. MORE
Companies should narrow their focus to one or two key customers, use 3PLs and join a supplier council, among other things. read more. Global Supply Chain Transportation & Distribution News MORE
THIS WEEK'S LATEST PODCAST: ICECORP is excited to share Episode 6 of the "2 Babes Talk Supply Chain" Podcast! Supply Chain Logistics 3PL outsourcing MORE
Retailers today are in a poor position to compete against a vertically integrated and fully digitized online giants like Amazon. The post Video: How to Digitize the Retail Supply Chain appeared first on The Network Effect. MORE
Sudipta Ghosh and Harry Morrison. Companies that go beyond basic recycling in favor of strategic sustainability approaches are achieving significant business value. read more. MHL Magazine Global Supply Chain Gold MORE
Demand Sensing can import demand data on an hourly rather than a batch or daily basis, immediately sensing demand signal changes as compared to a detailed statistical demand pattern, and then evaluates the statistical significance of the change. However take care not to misinterpret the data. MORE
This past June, the largest overnight delivery carriers (FedEx and UPS) announced that they would apply dimensional weight pricing to all shipments, effective January 2015. It is expected that shipping costs will increase 20 to 30 percent and affect over 70 percent of all shipments. MORE
If you’re a business leader or senior manager in a company that doesn’t typically use management consulting firms, or you just don’t have much experience of working with consultants, you might even wonder why you’d ever need to. To facilitate internal learning. MORE
So I can say we at ToolsGroup were proud to be recently recognized as a leader in the newly released Magic Quadrant for Supply Chain Planning System of Record (SOR). I thought this would be a good time to reflect on how a supply chain software vendor gets into the leaders quadrant. MORE
In my experience with many companies and different industry sectors globally, I have found mining companies to be among the best in dealing with the impact of cyclical markets. Unlike market changes, one of the biggest threats to margins is within your company’s control. How to do it. MORE
Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. Your company has started the lean journey, but how do you sustain it? How do we monitor what our customers feel about us? MORE
Counterfeiting continues to be a huge problem for electronics manufacturers as they lose upwards of $168B annually in potential revenue. How can you fortify your electronics supply chain and preserve the integrity of your products every step of the way? MORE
According to O*NET OnLine, a supply chain manager earns $103,530 per year in average. Functional resumes tend to list prior experience in terms of “duties.” If you’re an inventory planner, how many SKUs did you manage? MORE
When we compare different levels of sophistication and performance in supply chains, we can identify particular levels that we think are important to achieve, or that represent typical performance levels for supply chains as a whole. meaning “what speed do I have to beat to be the fastest?” MORE
Consistently recognized for analyzing complex business problems, Scott's everyday role requires making tough decisions while considering their long-term effects to the bottom line. One way Scott contributes to Bonfiglioli's growth and profitability is through its supplier base. MORE
It looks like summer is at its peak: It’s 35 degrees in Berlin today, and I’m looking forward to some yummy ice-cream with my son in the park. Here in Germany, you never know how long summer lasts. Summer can be gone quickly, just when you get used to it. MORE
To find reductions in supply chain costs, supply chain strategies have to align with customer expectations and business goals. Knowledge of your particular processes, requirements and needs is essential to find cost savings. Common places to look for cost savings include warehouse space, inventory stock, supplier relationships, transportation modes and lanes, and order processing. Supply chain costs are controlled by management and strategy. MORE
Several days later he came back and said to the salesman “This saw is no good! No matter how fast I push and pull it doesn’t cut! But if you consider how many people think about supply chain software it’s like the old lumberjack and the chain saw. MORE
Machine learning to boost your sales. The first example is to use machine learning for improving the results of your promotions and improving sales. Promotions planning is an important lever to use in an S&OP process. It allows to stimulate your sales when you have too much available capacity or have a significant impact on the desired product mix. There are many different possibilities to organize a promotion. Machine learning to improve S&OP adoption. MORE
The decision to use optimization or simulation has to be guided by the pressing needs and questions of your business. Use Simulation to Test the Robustness of Solutions from Optimization. Written by Desmond Torkornoo and Billy Hou. MORE
Today, shippers face increased regulations, unstable market conditions and capacity concerns that make it near impossible for a newly divested company to achieve all of its goals without the expertise and support of a third-party logistics (3PL) provider. The potential opportunity to convert a significant portion of operating costs from fixed to variable. This begets the need to set the overall strategy for the divestment by way of an exercise, called “capability scoping.” MORE
The holiday season is upon us, and retailers must be prepared to avoid seasonal challenges. Return rates have amplified as the percentage of internet sales continues to develop. Only 20% of shoppers like to have a carrier pick up a package from their home. MORE
According to a July 2014 supply chain research study from Accenture focused on Big Data and supply chain risk management, most organizations have high hopes for using big data analytics in their supply chain but many have had challenges in deploying it. There are a number of challenges when adopting and deploying a data analytics solution, and it’s important for organizations to clearly define their goals and objectives before embarking on this endeavor. to P.O.D). MORE
Pierfrancesco Manenti. Digitalization is a business strategy, not just a technology implementation. read more. MHL Magazine Global Supply Chain Gold MORE
How To Related Topics The Network Effect
AUGUST 11, 2017
Retailers today are in a poor position to compete against a vertically integrated and fully digitized online giants like Amazon. The post Video: How to Digitize the Retail Supply Chain appeared first on The Network Effect.
Logistics Bureau
AUGUST 16, 2017
When we compare different levels of sophistication and performance in supply chains, we can identify particular levels that we think are important to achieve, or that represent typical performance levels for supply chains as a whole. meaning “what speed do I have to beat to be the fastest?”
Talking Logistics
OCTOBER 27, 2015
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. Damage to product when handled or in transit.
Supply Chain Opz
OCTOBER 10, 2014
According to O*NET OnLine, a supply chain manager earns $103,530 per year in average. Functional resumes tend to list prior experience in terms of “duties.” If you’re an inventory planner, how many SKUs did you manage?
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The digital economy is upending all industries and processes, placing a premium on speed, customer satisfaction, personalized products, and collaboration
Cerasis
MARCH 23, 2016
Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. Your company has started the lean journey, but how do you sustain it? How do we monitor what our customers feel about us?
PLS Logistics
NOVEMBER 13, 2015
The holiday season is upon us, and retailers must be prepared to avoid seasonal challenges. Return rates have amplified as the percentage of internet sales continues to develop. Only 20% of shoppers like to have a carrier pick up a package from their home.
The Logistics of Logistics
JANUARY 1, 2015
I often hear from novice shippers: “How can I find a great freight forwarder?”. Here are nine items to look for when searching for the best freight forwarder for your company: Research, Research, Research. Check for references to gage the reputation of the freight forwarder.
PLS Logistics
APRIL 21, 2016
Well-designed loading dock procedures minimize delays, reduce damage to cargo and optimize productivity. Here are 3 quick ways to improve loading dock processes: Enhance Dock Safety. The loading dock is the access point for shipping and receiving.
Supply Chain Opz
JANUARY 22, 2016
To tackle risks timely, we invite experts to explain what strategy really works. Christopher Tang, Distinguished Professor, UCLA Anderson School and Editor-in-Chief of the INFORMS journal Manufacturing and Service Operations Management (M&SOM) As supply chains become more complex, companies find their supply chains more vulnerable to both foreseeable uncertainty risks and unforeseeable disruption risks. Use dynamic pricing to manage demand of similar products.
OPS Rules
JUNE 17, 2015
In a recent HBR piece Find the weak link in your supply chain , David Simchi-Levi introduces the concept of Time to Survive (TTS). It is the maximum duration that the supply chain can match supply with demand after a node disruption.
Material Handling & Logistics
JUNE 7, 2017
Companies should narrow their focus to one or two key customers, use 3PLs and join a supplier council, among other things. read more. Global Supply Chain Transportation & Distribution News
Logistics Viewpoints
NOVEMBER 20, 2014
This past June, the largest overnight delivery carriers (FedEx and UPS) announced that they would apply dimensional weight pricing to all shipments, effective January 2015. It is expected that shipping costs will increase 20 to 30 percent and affect over 70 percent of all shipments.
Talking Logistics
AUGUST 8, 2017
Machine learning to boost your sales. The first example is to use machine learning for improving the results of your promotions and improving sales. Promotions planning is an important lever to use in an S&OP process. It allows to stimulate your sales when you have too much available capacity or have a significant impact on the desired product mix. There are many different possibilities to organize a promotion. Machine learning to improve S&OP adoption.
Material Handling & Logistics
JUNE 7, 2017
Sudipta Ghosh and Harry Morrison. Companies that go beyond basic recycling in favor of strategic sustainability approaches are achieving significant business value. read more. MHL Magazine Global Supply Chain Gold
Demand Solutions
FEBRUARY 4, 2016
I have the opportunity to travel the world with my job, and this has provided me with firsthand experience of the challenges facing many or our customers and prospects. dollar is making it difficult for many nations to maintain a good balance of trade. How to Do What the Best Banks Do.
Talking Logistics
SEPTEMBER 18, 2014
According to a July 2014 supply chain research study from Accenture focused on Big Data and supply chain risk management, most organizations have high hopes for using big data analytics in their supply chain but many have had challenges in deploying it. There are a number of challenges when adopting and deploying a data analytics solution, and it’s important for organizations to clearly define their goals and objectives before embarking on this endeavor. to P.O.D).
PLS Logistics
OCTOBER 6, 2016
Inbound freight management is multifaceted and can eat up more than 40% of the average organization’s annual freight budget, according to Aberdeen Group.
OPS Rules
APRIL 29, 2014
The decision to use optimization or simulation has to be guided by the pressing needs and questions of your business. Use Simulation to Test the Robustness of Solutions from Optimization. Written by Desmond Torkornoo and Billy Hou.
Loftware
MAY 19, 2016
Counterfeiting continues to be a huge problem for electronics manufacturers as they lose upwards of $168B annually in potential revenue. How can you fortify your electronics supply chain and preserve the integrity of your products every step of the way?
Quintiq
OCTOBER 28, 2014
This increases the urgency for 3PLs to leverage on the best market trends to increase logistics flexibility. This is due to the diversification in the production schemes of manufacturers. How would that impact their current operations?
The 21st Century Supply Chain
JANUARY 22, 2015
by Melissa Clow Our partner Celestica recently published the following article, ‘How to Turn Your Supply Chain into an Innovation Engine’. The author, Erwin Hermans, vice president of supply chain services, describes the areas to consider when turning your supply chain into an innovation engine: An Enabler for New Business Models. Tune the Supply Chain to the Demand. How to Take an Idea into Practice. Let’s look at how the old way of thinking can change.
The Network Effect
OCTOBER 9, 2014
Are we fully prepared to tackle Holiday 2014 in a better way? Well, to put it simply, I’m not certain. Consider where we stand as of today: Delivery capacity: E-commerce has continued to grow in the double digits this year.
ToolsGroup
FEBRUARY 2, 2016
So I can say we at ToolsGroup were proud to be recently recognized as a leader in the newly released Magic Quadrant for Supply Chain Planning System of Record (SOR). I thought this would be a good time to reflect on how a supply chain software vendor gets into the leaders quadrant.
River Logic
MARCH 22, 2016
What he failed to mention was that great risk also brings the potential for great loss — just ask any hedge fund or investment manager. Risk is not something only investment firms have to acknowledge. “With great risk comes great reward”, said Thomas Jefferson.
Talking Logistics
SEPTEMBER 22, 2015
Recently it seems that more and more organizations are recognizing that their supply chains are a key component to the organization’s success. From the increasing adoption of a chief supply chain officer at major organizations to discussions of legislative changes , the influence of the supply chain on competitive advantage is more recognized than ever. Not everyone has the necessary skills to be a successful supply chain design analyst.
The 21st Century Supply Chain
MARCH 12, 2015
The article, S&OP and Culture Change: How to Stay the Course , written by Kathleen Winter, describes how corporate culture can derail an otherwise successful S&OP implementation. and find shortcuts to achieving solutions.
Talking Logistics
JUNE 2, 2016
Today, shippers face increased regulations, unstable market conditions and capacity concerns that make it near impossible for a newly divested company to achieve all of its goals without the expertise and support of a third-party logistics (3PL) provider. The potential opportunity to convert a significant portion of operating costs from fixed to variable. This begets the need to set the overall strategy for the divestment by way of an exercise, called “capability scoping.”
Icecorp
SEPTEMBER 28, 2016
THIS WEEK'S LATEST PODCAST: ICECORP is excited to share Episode 6 of the "2 Babes Talk Supply Chain" Podcast! Supply Chain Logistics 3PL outsourcing
Supply Chain Opz
JANUARY 22, 2016
How to improve the efficiency of supply chain organization? Leading experts will tell you how to improve a team and create the positive changes that stick. Every nation has different practices and ways of behaviour - if we want a successful, well-oiled supply chain we need to tailor our systems and process to suit who we are doing business with. Try to take account of these when setting up real-time communications, such as teleconference calls.
Material Handling & Logistics
MAY 17, 2017
Pierfrancesco Manenti. Digitalization is a business strategy, not just a technology implementation. read more. MHL Magazine Global Supply Chain Gold
LeanCor
APRIL 5, 2016
Consistently recognized for analyzing complex business problems, Scott's everyday role requires making tough decisions while considering their long-term effects to the bottom line. One way Scott contributes to Bonfiglioli's growth and profitability is through its supplier base.
Quintiq
FEBRUARY 3, 2015
In my experience with many companies and different industry sectors globally, I have found mining companies to be among the best in dealing with the impact of cyclical markets. Unlike market changes, one of the biggest threats to margins is within your company’s control. How to do it.
OPS Rules
NOVEMBER 20, 2014
Supply chain network design involves decisions around the number and location of facilities: plants, warehouses, and supplier base and how products flow through them from raw materials to finished products. So we just need to reflect the flow of parts through those facilities.
Supply Chain Opz
DECEMBER 11, 2015
However, how supply chain executives can streamline the decision making process? In this article, we invite a multidisciplinary group of experts to provide some insights. Firstly, It is important for executives to use integrated data across the business as the basis for any decision - Secondly, good decisions should be made by taking a “Lean” approach to any process that requires change. When we feel insecure about what to do, we hold off on decisions.
PLS Logistics
MAY 2, 2016
To find reductions in supply chain costs, supply chain strategies have to align with customer expectations and business goals. Knowledge of your particular processes, requirements and needs is essential to find cost savings. Common places to look for cost savings include warehouse space, inventory stock, supplier relationships, transportation modes and lanes, and order processing. Supply chain costs are controlled by management and strategy.
The 21st Century Supply Chain
DECEMBER 18, 2014
Several days later he came back and said to the salesman “This saw is no good! No matter how fast I push and pull it doesn’t cut! But if you consider how many people think about supply chain software it’s like the old lumberjack and the chain saw.
Talking Logistics
JUNE 3, 2016
A number of factors are converging upon the logistics industry — everything from “Uber for trucking” startups to new technologies and regulations to ongoing mergers and acquisitions. How are the rules for success changing for logistics service providers? How are leading companies positioning themselves for success as their supply chains become more dynamic, global, and complex? Click on the “Remind Me” button above or HERE to join the conversation!
Logistics Bureau
DECEMBER 21, 2016
If you’re a business leader or senior manager in a company that doesn’t typically use management consulting firms, or you just don’t have much experience of working with consultants, you might even wonder why you’d ever need to. To facilitate internal learning.
Quintiq
JULY 27, 2016
It looks like summer is at its peak: It’s 35 degrees in Berlin today, and I’m looking forward to some yummy ice-cream with my son in the park. Here in Germany, you never know how long summer lasts. Summer can be gone quickly, just when you get used to it.
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