Innovative Approaches to Supply Chain Risk

Kinaxis

A major earthquake in Taiwan. A few hours later, your procurement head walks in the office. “We We have a problem.” The alternate source uses the same supplier in Taiwan. Efficiency programs like lean drove us to reduce suppliers and cut inventory. Supply chain risk management practice advises us to source additional suppliers and plan additional strategic inventories as mitigation strategies.

Who Should Be In The Winner’s Circle?

Supply Chain Shaman

Total cost analysis is more difficult than it sounds and most technology implementations automated functional measurement systems (manufacturing or procurement), but leave the organization blind on the management of total costs. After six months of analysis, we decided the best fit was the combination of growth, inventory turns, operating margin, and Return on Invested Capital. Note that while the company drove improvement in margin, there is underperformance in inventory turns.

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Experts Suggest How to Slash Supply Chain Risk Properly

Supply Chain Opz

Clearly, redundancy (extra inventory, more suppliers, etc.) This is how Dell managed to make limited supply of different products to meet demand after the Taiwan earthquake. Traditionally mandated for public procurement, it offers many of the same benefits to corporations. 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.

How To 152

Outsourcing: The Good, the Bad, and the Ugly – Lessons from Nortel Networks

NC State SCRC

Jeff Townley, former Chief Procurement Officer at Nortel Networks, provided some fantastic insights in my MBA class this evening. The ODM’s in Taiwan have a single tech park where they all started. At the time – it was all in Taiwan, and over time it was moved more to manufacturing locations in China. When they declared chapter 11 – they left Flex with $400M of inventory. That was surely developed on the foot of getting stuck with Nortel’s inventory!

The Supply Chain’s Vision Problem

Enterra Insights

” Alex Saric, a procurement expert at Ivalua, observes that poor supply chain visibility exposes companies to unwanted risks. Here, a smart approach to procurement will allow companies to improve supplier visibility, put effective measures in place and identify supply chain risks as they appear. Most companies weren’t buying from China or Taiwan or Malaysia like they are today.”[4] Supply chain visibility remains elusive despite decades pursuing it.

What Kind of Visibility Into Your Supply Chain Do You Really Need, and How Do You Get It?

Oracle SCM

Most companies weren't buying from China or Taiwan or Malaysia like they are today. One will say, "Keeping our inventory down." Alwazzan Foodstuffs Industries Group has taken integration even further by implementing Oracle Manufacturing Cloud Service, Purchasing Cloud Service, SCM Cloud, Financials Cloud, ERP Cloud, and Procurement Cloud. Richard Cushing is principal/consultant for Cushing & Associates.

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

6 River Systems

In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it. Bed Bath & Beyond is also implementing inventory reduction strategies and is on track for a 5% reduction year-over-year by the end of the current fiscal year. Foot Locker @footlocker Foot Locker makes it easy for customers to shop the way they want to shop by improving inventory visibility.

Top eCommerce marketplaces in Philippines

Vinculum

The stock warehouse with a vastly diverse inventory concept is still gaining prominence in the Philippines and hence Galleon.ph specializes in procuring products that are unavailable in the country. Nearly a million (930,000) users from the Philippines e-commerce marketplace utilize Carousell every 30 days with the success of the company helping it expand to Australian, Malaysia, Taiwan, Singapore, and Hong Kong.

What’s Looming for Transpacific Ocean Shipments this Peak Season?

CH Robinson Transportfolio

As many shippers front-loaded inventory in the second half of 2018—especially the fourth quarter—to avoid potential tariff increases, the market saw drastic volume increases beyond what we’ve come to expect from years’ past. Thus, going into 2019, with high inventories on imports, carriers have shown more discipline in controlling capacity than ever before. Higher inventories to avoid tariffs. Procure enough capacity.

Supply Chain Management:Headline for the 2012 Holiday Buying.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. The implication was that orders came in huge surges, and supply chains that were not prepared, particularly those without robust inventory allocation or tight inventory visibility across their brick-and-mortar retail and online retail systems paid a price in customer loyalty. I find it odd how not very many brick and mortar stores just hold more inventory.