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

Kinaxis

An extreme example of this is a ride from Chicago to Colesburg, Tennessee taking 18 days, 13 hours, and 57 minutes! This has led to increased costs, not to mention all the inventory stuck in-transit. 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.

Visibility in Transportation Management Leads to Supply Chain Excellence

Talking Logistics

With visibility as the key driver for an effective supply chain improvement strategy, businesses today must rely on building collaborative relationships in their extended supply chains to gain visibility from end-to-end. And as supply chains continue to grow, diversify and become increasingly global, total insight, oversight and foresight will become increasingly critical. End-to-end supply chain visibility is a key to becoming a demand-driven enterprise.

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31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

Cerasis

Many off-shore manufacturers have returned to the U.S., Those changes, along with high costs of transporting materials and finished goods to and from overseas locations, make the value of reshoring likely to become a compelling financial reality for many manufacturers. manufacturers hurried to produce off-shore, believing significant cost reductions and huge profits would follow. 70% of manufacturers indicate that volatile energy costs are a major concern.

Becoming a High Performing Sense and Respond Enterprise: End-to-End Supply Chain Visibility is Key

Talking Logistics

As supply chains extend globally, they become more complex. The flow of supplies, finished goods, and information are widely distributed, presenting significant challenges across a manufacturer’s entire supply chain network of customers, suppliers, and logistics providers. For success, companies need to gain visibility into this complex supply chain network to collectively sense and properly respond to changes in supply and demand.

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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Who Should Be In The Winner’s Circle?

Supply Chain Shaman

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. Now in its seventh year, in the analysis, I learned a lot about the impact of supply chain choices on balance sheet performance: -Not Straightforward.

What is Supply Chain Compliance and Why is it Important?

AB&R

The great news about supply chain compliance is that AB&R® makes it a breeze. Supply chain compliance may include things such as employee labor laws, hazardous material handling, and environmental concerns. But, in this article, our focus for supply chain compliance touches on the importance of barcode and labeling requirements. Labels and Supplies. A compliant barcode is just the first step to supply chain compliance. Tennessee.

4 Reasons for the Supply Chain Talent Shortage

Elementum

As the true determiner of whether a business sinks or floats, supply chain needs a workforce composed of smart, talented people. But why is it so hard to attract the best of the best to a career in supply chain? “We’re We’re like Rodney Dangerfield—we don’t get no respect,” says Professor Yossi Sheffi, a Professor of Supply Chain Management at MIT. The global supply chain is a $26 trillion per year industry, and it’s only getting more complicated.

Experts Suggest How to Slash Supply Chain Risk Properly

Supply Chain Opz

Developing supply chain risk mitigation strategy can be a time consuming task. 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.

How To 152

Disruptive Times Require Adaptive Supply Chains

Enterra Insights

New business models are constantly challenging more traditional ones and supply chains need to adapt to these changing conditions. In particular, the supply chain is ripe for innovation. The future of the supply chain. Supply chain transformation is not a new phenomenon. Supply chains have been around since people realized they had things worth trading. Some beneficial outcomes of supply chain transformation.

Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection

Kinaxis

by Dr. Madhav Durbha Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection. There is a constant push to free up working capital by leaning down on the inventories. Lead times are in weeks and months in cases where manufacturing is outsourced to firms on the other side of the earth. Linear supply chains as we know them are turning into supply networks with more players and parties than ever before.

SCRC Meeting – Tom Linton’s “Supply Chain Eight” and Golden Winged Warblers : Questions Every New CSCO Should Ask Their CEO

NC State SCRC

Our 40 th Bi-Annual Supply Chain Resource Cooperative meeting was a great success, culminating with the student gallery walk, featuring 27 undergraduate and MBA supply chain projects. I kicked off the meeting with an overview of the current dilemma facing supply chain executives, given the uncertainties of tariffs with China, Brexit in the UK, and the disturbances in Hong Kong and the Middle East that create a path with many risks in every direction.

25 supply chain experts reveal the best tactics to optimize a supply chain

6 River Systems

If you’re spending too much to meet consumer demands, experiencing delays in getting products to end customers or production disruptions, it’s time to focus on optimizing your supply chain. From raw materials sourcing to warehouse operations , logistics technology , order fulfillment and beyond, there are dozens of points throughout the supply chain, all of which contribute to overall supply chain efficiency.

4 Reasons for the Supply Chain Talent Shortage

Elementum

Professor Yossi Sheffi, a Professor of Supply Chain Management at MIT, chuckles when I ask him why there’s such a shortage in supply chain talent. He, like a number of supply chain professionals I spoke to over the past month, was lamenting the fact that the term “supply chain” doesn’t do a great job of suggesting the complex work involved in running the manufacturing, movement, and storage of a product.

Three Common Supply Chain Weaknesses And Strategies To Overcome Them

Bristlecone

On their face, supply chains sound straightforward. The larger the enterprise, the more complex a supply chain becomes. Conversely, the more localized the business, the less complex the supply chain. In today’s global economy, supply chains include all the people, systems, vendors, suppliers and processes involved in designing, making, selling, inventorying, shipping and delivering a product. Forbes, April 8, 2019.

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

The world of supply chain and logistics is changing every day. Each one is featured as having done something unique to reinvent their supply chain and logistics. In addition to cutting the need for outsourced manufacturing, this move could give the company a leg up on the competition by making it possible to get products in the hands of consumers faster. Additionally, the company’s manufacturing expertise will enable the reduction of production costs.

Supply Chains on the Other Side of Crisis

Enterra Insights

‘The supply chain is creaking around the world,’ James Quincey said in an interview on CNBC.”[1] food supply chain was breaking.[2] 2] For years, however, supply chain professionals have worked hard to make their supply chains resilient. Resilient supply chains will emerge in better position to take advantage of post-crisis recovery. ”[3] He offers five tips to help supply chain professionals right now.

This Week in Logistics News (July 14-18, 2014)

Talking Logistics

UPS Capital – Sponsored Study Shows Supply Chain Risk Mitigation Strategies Lacking. Penske Logistics Joins CargoNet to Enhance Supply Chain Security. At the center of Atlas’ product line is Atlas Exchange, a secure document exchange providing a “connect-once, access-all” network, securely linking retailers, manufacturers, suppliers and logistics service providers.

Supply Chain Shaman - Untitled Article

Supply Chain Shaman

Recently, I spoke on the future of supply chain management at the University of Tennessee Supply Chain Forum. For him this meant growing top-line revenue with less supply chain inventory. Ajay, shown here, has a strong background of twenty-five years in supply chain planning. He knew that to accomplish Leib’s goal, he needed a planning system to integrate the supply chain and recognize constraints. .

Your Next Pair of Gap Jeans May be Delivered with the Help of a High-Tech Robot

BlueYonder

Friday in 5 – interesting news bits from around the supply chain horn, served up in one spot to keep you up to date. percent) as a trial customer in one of its Tennessee warehouses. percent) using robots to move warehouse inventory and track items on store shelves. Supply Chain Amazon AWS cloud Gap robots

Your Next Pair of Gap Jeans May be Delivered with the Help of a High-Tech Robot

BlueYonder

Friday in 5 – interesting news bits from around the supply chain horn, served up in one spot to keep you up to date. percent) as a trial customer in one of its Tennessee warehouses. percent) using robots to move warehouse inventory and track items on store shelves. The post Your Next Pair of Gap Jeans May be Delivered with the Help of a High-Tech Robot appeared first on Supply Chain Nation Blog. Supply Chain Amazon AWS cloud Gap robots

26 warehouse pros reveal the most important factors to consider when moving to an automated warehouse

6 River Systems

As warehouses embrace technology to optimize the supply chain and reduce fulfillment costs , many companies are considering making the move to an automated warehouse. Rupy Sawhney is the Heath Fellow in Business and Engineering at the University of Tennessee, combining both fields through his knowledge of lean manufacturing, the optimization of production without a drop off in quality or worker health. Supply chain: How would this flow down through transportation?

Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Revenue: $69.217 billion (12 months ending May 31, 2020), $69.693 billion (2019) Headquarters: Memphis, Tennessee, USA CEO: Frederick W. It manages the supply chain for 69% of the Fortune 100 companies.

Glen Raven Meets Their Goals Through a Successful Deployment of Advanced Planning

Supply Chain Shaman

Recently, I spoke on the future of supply chain management at the University of Tennessee Supply Chain Forum. For him, this meant growing top-line revenue with less supply chain inventory. Ajay, shown here, has a strong background of 25 years in supply chain planning. He knew that to accomplish Leib’s goal, he needed a planning system to integrate the supply chain and recognize constraints. .