Here’s How to Make Your Next Supply Chain Software Evaluation Agile Instead of Agonizing

ToolsGroup

No one could have predicted the year we’ve had, and now our 2021 plans are infused with a healthy dose of what we’ve learned about supply chain disruption and response—and how we will all do things better next time around. But who has a year to decide how to act?

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?

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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.

Responding to Supply Chain Disruption Amid COVID-19

AIMMS

Just like you, we’re taking the news day by day and continuously brainstorming ways to serve our community. It’s taking a profound humanitarian and economic toll , impacting supply cha ins in many ways. Online g rocers , on the other hand, are struggling to fulfill orders as demand for food and other essential products surges. Our team put several resources together to help supply chain organizations navigate through this crisis safely. .

Point-of-Danger ICE Raids and Audits

Speaker: Max Muller, Attorney and Author

Supply chain managers should constantly be on guard against forces that could cause a significant point-of-failure in or to their supply chains. The sudden loss of a workforce is an evolving danger to those who provide raw materials, subassemblies, finished goods, and/or necessary services to supply chains; and to entities requiring those items or services. Join Max Muller for this timely, fast-paced and guidance rich webinar that will educate you on the specific steps involved in undertaking your own internal audit, as well as providing you with guidance on what your major and/or sole source suppliers should do as well.

How to Gain an Advantage in Challenging Times

ivalua

For procurement and supply chain professionals, the biggest takeaway from 2020 is that no matter how hard you try, you cannot predict the future. But, according to Ivalua’s latest report , the state of digitalisation in procurement is lacking. . Strategic Sourcing

How to Attain “Stage 4” Supply Chain Planning Maturity

ToolsGroup

Gartner has identified five stages of supply chain planning maturity and they say that 70-80% of companies plan to increase their supply chain planning (SCP) technology spend over the next two years to climb to the next level. For this blog, we’ll focus on just one of those steps, from Stage 3 to Stage 4. Build more resilient supply chain plans (e.g.,

How to Protect Your Supply Chain from Cybersecurity Vulnerabilities

OneSCM

According to a survey conducted by the Ponemon Institute , 56 percent of organizations have had a breach caused by one of their vendors. And let’s not forget Target’s 2013 breach of 17 million customer’s data that came about because of a lax security of an HVAC vendor and cost the company close to $90 million. It’s vital for businesses and organizations of all sizes to mind these vulnerabilities. Supply Chain Efficiency

How to Use Big Data to Improve Supply Chain Visibility

Talking Logistics

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. Thanks to changes in technology and digital storage capabilities, companies are now able to collect and amass a huge amount of data from many disparate sources. to P.O.D).

Resiliency of Your Supply Chain – And How to Improve it.

Adexa

Covid-19 has been a good lesson for most companies to bring to surface the vulnerability of their supply chains. In addition, companies face supply chain issues due to demand fluctuations, supply disruptions and transportation issues almost on a day to day basis.

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How to Sustain a Lean Culture in Manufacturing & Supply Chain

Cerasis

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? Let's first talk about first setting the stage, then give you practical practices and tactics to achieve a sustainable lean culture, and then provide core key performance indicators (KPIs) to track your progress. Lean is a challenge to implement.

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Digital Transformation of the Supply Chain

Logility

In almost every supply chain publication, you will find an article discussing digital transformation. Digital supply chain capabilities enable more agility and resilience; two supply chain characteristics that are especially important in dealing with unforeseen disruptions.

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

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.

How to Find Business Opportunities Amid the Coronavirus Supply Chain Crisis

ToolsGroup

Here are ideas for grasping opportunities in the midst of the Coronavirus supply chain challenges. The coronavirus’ supply chain and business impacts are being felt around the world and in our backyards: this strange time is slamming markets, causing confusion and changing patterns of normality. A common reaction seems to be to close shop, hoard toilet paper and canned goods and expect the worst. The opposite result happened to one of my former employers.

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Supply Chain Innovation: How to Build an Award-Winning Supply Chain

ToolsGroup

Source: Supply Chain Digest. What does it take to create an award-winning supply chain? Last month, Lennox Residential was runner-up in the 2015 Council of Supply Chain Management Professionals (CSCMP) Supply Chain Innovation competition, arguably the top supply chain award in North America. Award-winning supply chains don’t come from incremental thinking. Source: Lennox.

How to prepare for a transparent supply chain in 2021

SupplyShift

2020 has been a defining year for transparent supply chains. When the pandemic hit, most people expected sustainability efforts to take a back-seat role. On the contrary, companies seem to be more focused than ever on driving sustainability in supply chains.

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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Best-Cost vs. Least-Cost Sourcing

Talking Logistics

The “reshoring” of manufacturing operations from China and elsewhere to the United States continues to make headlines. Back in December 2012, for example, Apple announced that it is investing $100 million to build some of its Mac products in the US. A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. What are some of the main supply chain factors that are fueling this reshoring trend?

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.

Why Get a Product Sourcing Agent?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Product Sourcing Agent article and permission to publish here provided by Joyce Chen at Epic Sourcing. A good supplier translates to high-quality products, satisfied buyers, good feedback, and repeat sales.

How to Design a Successful Apparel Supply Chain

Logility

Planners need to contend with inconsistent consumer buying behavior, the need to satisfy multiple channels, complex sourcing options and proliferating “sub-seasons,” collections and assortments. These are just a few of the challenges apparel manufacturers and retailers must overcome to operate at peak performance and compete in today’s dynamic market. Here is a four-step approach to help you jumpstart your supply chain results.

Expert Explains How to Improve Supply Chain Efficiency

Supply Chain Opz

Over the years, supply chain professionals have been trying to improve supply chain efficiency so they can gain an edge over the competitions. Companies seeking to further improve their supply chain efficiency will have to continue fighting their old foe – variability – albeit in a set of new clothes. One emerging way to combat demand variability is to locate (some) manufacturing closer to the customer.

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How to Leverage Digital Technology in the Supply Chain

Material Handling and Logistics

"The digital technologies hitting the marketplace today promise to make the changes in supply chain practice over the next five to 10 years dwarf that which we have seen in the last 10,” says Ted Stank, of UT’s Haslam College of Business. The report, A SAVVY Guide to the Digital Supply Chain , outlines several emerging trends at top companies and provides a framework for evaluating technologies and creating a digital supply chain strategy.

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Experts Suggest How to Slash Supply Chain Risk Properly

Supply Chain Opz

Developing supply chain risk mitigation strategy can be a time consuming task. To tackle risks timely, we invite experts to explain what strategy really works. Knowing supply chain risks affect a firm’s capability to make supply meet demand, what should a firm do to mitigate these risks? Two commonly used robust strategies are: - Use two or three suppliers located in different countries to develop flexible supply capability.

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Sourcing and Procurement in Supply Chain Management

EC Sourcing Group

Sourcing and Procurement in Supply Chain Management. The terms “ sourcing” and “procurement” in supply chain management are often used interchangeably, although they are not quite the same. Procurement is a process and one link in the chain of the supply chain. The supply chain is the entire process of making and selling a commercial product or good. Sourcing is but one step in the procurement process.

Digital transformation in the life sciences supply chain – show me the data

Kinaxis

by Bill DuBois The life sciences supply chain starts with a miracle. In a recent Forbes interview on why it’s so hard to bring tech into pharma, Vas Narasimhan, Chief Executive Officer of Novartis AG pointed out that only one in twenty drugs make it out of clinical trials. Everything we talk about in supply chain starts with discovering that product you can market and sell. Life sciences is much different than bringing a new phone, app or appliance to market.

Help Supply Chain Planners Be More Successful In These Uncertain Times

Supply Chain Shaman

As I flew to Dallas, I worked on this post. Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods. As markets shift, supply chains struggle to adjust.

Transportation Sourcing in an Omni-channel World

Talking Logistics

Omni-channel is transforming retail transportation’s supply chain and logistics processes. Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. And, what are some of the key factors retailers need to consider when developing their transportation plans? That’s not going to work.

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.

How to Manage Global Supply Chain Relationships the Right Way

Supply Chain Opz

Collaborative mindset is the cornerstone of supply chain management. In this guest commentary, professor Ayman Omar who is a global supply chain expert from Kogod School of Business at American University will shed light on this issue. In a rapidly changing and expanding global landscape, companies are realizing they are only as good as the weakest link in their supply chain.

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Sourcing Tips: How to Find the Right Food Service Supplies

AFFLINK

It's important for any business to begin with the right suppliers — but it's even more important for those in the food services industry. Food service companies need to be able to procure supplies quickly in order to operate, and the cost of their supplies directly impacts their bottom line. When operating with lean profit margins, it becomes even more important for companies to improve their supply chain.

How to Combat the Uncertainty and Risks in Today’s Global Supply Chains

Talking Logistics

and China, what’s happening (or not happening) with Brexit in Europe, or the status of “New NAFTA” and other trade agreements, one thing is clear: there is growing risk and uncertainty in global supply chain management. How are leading companies navigating these risks and uncertainties? Before we discussed some of the key findings and recommendations from the study, I asked Razat what drove them to conduct this particular study at this time. I asked Razat to elaborate.

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How to Reduce Product Damage During Shipping

Cerasis

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 Turn Your Supply Chain into an Innovation Engine | Guest Post from Erwin Hermins

Kinaxis

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. Finding the Real Cost of the Supply Chain and Optimizing.

White Paper: Strategic Sourcing in the Aviation Industry – How to Increase and Accelerate Savings

Bristlecone

In aviation, strategic sourcing can reduce the cost and fix the nuts and bolts of existing processes with the help of a well-performing sourcing team. It also helps companies develop the opportunity to better manage their global network of suppliers, build new procurement models and improve speed to market. Low-Cost Country Sourcing. White Papers Digital Transformation Hospitality Procurement Supply Chain Transformation Transportation