RFID in the Supply Chain: Fizzling Technology or the Future of Effective SCM?

Cerasis

More recently, with the rise of interconnected systems, the analytics to derive value from those systems seems, and decreased costs, RFID is resurrecting as a solution for increasing supply chain management (SCM), visibility into processes, and reducing inventory tracking costs. Historically, the cost of RFID implementation and difficulty to utilize RFID in conjunction with other supply chain systems has hindered mass adoption by supply chain managers.

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Is There a Third Option for SCM Executives Looking to Revamp their Supply Chain Management Operations?

Kinaxis

Consulting firms deliver strategy and process improvements, but leave the customer to execute and sustain the new process, while software companies sell new supply chain capabilities without executing and driving its adoption. A new alternative is now possible for companies, especially those looking to gain a competitive advantage with their SCM operations. Is SCM a Core Competency? The answer is evident almost immediately when discussing SCM with these firms.

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What is Supply Chain Management (SCM)? (Video)

Supply Chain Game Changer

What is Supply Chain Management? The term was coined over 35 years ago but still to this day there are a large number of different definitions of SCM. To someone who is starting out their career, or who is new to the field of Supply Chain, it is understandable that there may be confusion as to the definition of SCM. But the reality is that there are many expert individuals and organizations who define Supply Chain differently.

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Cloud Supply Chain Management: SCM’s Head is in the Clouds…and For Good Reason

Cerasis

The use of cloud computing in supply change management is not some dark, forbidden territory any longer. In recent years, the use of cloud-based solutions has dramatically changed how modern supply chain companies operate, and the cloud supply chain management has the potential to level the playing field between all supply chain companies, especially shippers. Oracle Leading the Charge in Cloud Supply Chain Management.

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Adelante SCM and PINC Launch the First Annual State of Yard Management Report

PINC

Union City, CA – October 7 th , 2020 – Researched and prepared by Adelante SCM’s analyst Adrian Gonzalez and presented by PINC, the publication’s 2020 theme is The Impact Of Digital Yard Management on Enterprise Transportation Costs and Capacity.

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Is Inventory Waste or an Asset?

Supply Chain Shaman

Next week is the annual Supply Chain Insights Global Summit , and summit preparation is on my agenda for the weekend. We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.” Inventory is both.

Gaining Clarity on Inventory Effectiveness

Supply Chain Shaman

I was moving from a position where I led a manufacturing operation to being a part of a team to design supply chain software to improve planning decisions. The tension I felt reading the brochure on the plane is what I believe every supply chain leader feels every day. That is one of my primary drivers at Supply Chain Insights. As a team we conduct quantitative research of supply chain leaders to help gain clarity of the answers.

Supply Chain Disruptions Need a New Prescription: Introducing Disruption RX Virtual Supply Chain Summits

Logility

The challenging landscape, from store and factory closures to wild swings in inventory, has proven to be the ultimate test of strength for supply chain teams everywhere. Supply chain is now a household term.

Three Reasons Why SAP Supply Chain Planning Is a Risk to Your Business

Supply Chain Shaman

High-tech manufacturers in the Silicon Valley of the United States are some of the best at supply chain planning. With changing product profiles, short life cycles, constraints with downstream suppliers, and changing markets, being good at supply chain planning matters. In this tough market excellence in supply chain planning is a critical element to be competitive. Supply chain planning and the discipline and rigor is a different way of working.

6 Supply Chain Disciplines to Enable Profitable Growth

Talking Logistics

How can supply chain management enable profitable growth? Getting to the answer requires retailers to take a broader, more strategic perspective of supply chain management, one that goes beyond defining supply chain excellence only in terms of cost reduction and control. Below is an excerpt from the section on Supply Chain Visibility. — Supply Chain Visibility. How much inventory do we have across our network?

Five Suggestions for Practical Inventory Management

Logility

The real problem, however, was inventory. The client had a warehouse full of old stock that had been sitting unwanted for years , and there wasn’t enough room to accommodate the inventory that they were selling. . Just get rid of the old s tock and create plenty of room for the inventory that sells , thereby eliminating the need to move to a larger, more expensive facility. What is the right inventory level for your business? .

[Video] Ford Motor Company: Creating global data standards with SCM software

Kinaxis

Check out the video below as well as links to other supply chain practitioner and Kinaxis executive interviews. Customer centricity necessitates having factories in every part of the globe and a supply base that caters to individual needs and quantities. My role is to help make certain that we have the most efficient supply chain, and the lowest possible inventories to enable us to sell the maximum possible number of units.

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Innovative Approaches to Supply Chain Risk

Kinaxis

You have a supply chain risk management strategy in place. Many companies have accepted the need for Supply Chain Risk Management because they understand that just such a scenario could occur and if they are ready for it but their competitors are not, they have an opportunity to gain market share. The problem is most companies are relatively immature when it comes to Supply Chain Risk Management. What supply chain risk mitigation processes are you using?

The Inventory Accuracy “Confidence Gap”

Talking Logistics

Note: The following is an excerpt from “ Omni-Channel Logistics Leaders: 5 Key Insights to Improve Inventory Performance for 2019 ,” based on research conducted by Adelante SCM and LEGACY Supply Chain Services with input from nearly 100 supply chain professionals from retail, manufacturing, and logistics service providers companies in the United States and Canada. And it begins with improving their inventory accuracy.

Supply Chain Management (SCM) is Becoming Younger, More Educated, More Diverse!

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Check out Attracting Millennials Gets Your Digital Supply Chain in Order! Everyone knows that the demographics of the Supply Chain industry are changing. Within the Supply Chain industry, the looming – and in fact, already-started – retirement of baby boomers and shifting job responsibilities brought about by technology are creating a talent crisis.

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Reflections on Integrated Supply Chain Planning

Supply Chain Shaman

In the presentation, I shared data on the evolution of supply chain planning and the results on user satisfaction. Neither technology vendor is an industry leader in delivering a solution that fits the needs of the supply chain planner. The common perception is that SAP and Oracle supply chain planning solutions are superior to best-of-breed Advanced Planning Solutions. Summary Data of User Satisfaction with Supply Chain Planning Applications.

How to Get a Job in the Supply Chain Sector

Logistics Bureau

So, you are thinking about a career in supply chain? While this article is intended as an evergreen resource, to help you navigate in your search for a supply chain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality.

Digital Supply Chains: What’s the Big Deal?

The Network Effect

There’s an interesting report from Boston Consulting Group (BCG), Three Paths to Advantage with Digital Supply Chain , that illustrates the urgent need for companies today to transition to a digital supply chain, if they haven’t done so already. BCG recognizes that the digital supply chain is not new, and it has been productive, but notes that it has failed to deliver on its full potential. ” What is the Digital Supply Chain?

How Does Machine Learning Improve Supply Chain Performance?

Logility

When asking the question, “How does machine learning improve supply chain performance?” Our context here is supply chain planning and execution, but there is no reason to limit the scope of m achine l earning. .

Aspire, challenge and transform: Insights from the Gartner Supply Chain Executive conference

Kinaxis

One conference I recently attended is the Gartner Supply Chain Executive conference in Phoenix, Arizona. Digital disruption is here and now: John Phillips, SVP of Customer Supply Chain, PepsiCo, presented some fascinating examples of getting products into the hands of consumers in unique ways powered by robotics and artificial intelligence. Use of drones ( EyeSee inside the warehouse for scanning and tracking inventory, Prime Air for delivery).

Announcing the Supply Chains to Admire 2015

Supply Chain Shaman

Tomorrow, I present the Supply Chains To Admire 2015 Analysis at the Supply Chain Insights Global Summit in Scottsdale, AZ. The theme is “Imagine the Supply Chain of 2025.” At the event, we will also announce the winners of the Supply Chains to Admire methodology for 2015. Today, supply chain excellence is easier to say than define. Sharing of the Supply Chains to Admire Work.

Does your supply chain hear the change coming?

Kinaxis

by Joe Cannata What rapid adoption of virtual assistants means for CPG supply chains. This fundamental shift in the shopping paradigm is posing unique challenges for supply chains. Already, supply chains have had to adapt to online shopping, and crazy fulfillment demands. After reading a recent article in SCM World by Kevin O’Marah, I learned that CPG companies have felt extreme upstream pressure, as he puts it. Real-time inventory is a necessity.

Understanding Supply Chain Management

SupplyPike

The importance of supply chain management What to watch while consumers are panic buying How to implement supply chain management Supply chain management and Walmart. Supply Chain Management (SCM) is a systematic and controlled procurement operation. Procurement usually comprises a diverse range of suppliers chosen according to a conceived ability to supply merchandise at the right price. Your Supply Chain Simplified.

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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”. Never completed ERP/SCM implementation. Failed SCM implementation causes shipping errors. in inventory write-down and 20% drop in stock value. Your Supply Chain Type.

7 Characteristics of A Best In Class Supply Chain

Cerasis

Today’s supply chains function as a result of extensive research into how a supply chain behaves, its chief concerns, successful risk management , diverse markets, widespread collaboration, and technological advances. However, current supply chains fall victim to the problems of inefficiencies, inexcusable rigidity, and failure to recognize the growing demands of consumers. Inventory Optimization. Supply Chain best in class supply chain

Supply Chain Solution Providers Help Navigate Change

Kinaxis

If you work in supply chain, the answer is probably too many. Adapting to a more effective and efficient way of running supply chains is the key to survival. Ed Shepherdson , executive vice president of products and services operations at Kinaxis, recently sat down with Bob Ferrari of Supply Chain Matters to talk about the role of solutions providers, and where he feels the future of supply chain technology is headed.

Fragmented Planning Undermines Supply Chain Success

Logility

The tendency to “order too much” also decreases, which helps to eliminate the creation of excess inventory buffers. The post Fragmented Planning Undermines Supply Chain Success appeared first on Supply Chain Management Software (SCM Software) by Logility

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Gartner Questions Supply Chain “Control Towers”

ToolsGroup

Gartner says that future supply chain planning will look less like a "control tower" and more like a refinery "control room'" with many value-added analytics that automate, guide and control the supply chain. Capabilities such as identifying near-term exceptions that need attention (like capacity shortage, inventory shortage, late shipments) don’t really belong in control towers, they say, but instead are foundational to modern supply chain management (SCM) solutions.

Supply Chain Management Books

SCM Research

I recently conducted a survey with leading supply chain management researchers and asked them a simple question: “If you were teaching a doctoral seminar, what would you assign as the [.] most important books for the academic field of SCM (‘must-reads’)?” Graves, (5) Purchasing & Supply Chain Management by Robert M. Patterson, and (6) Foundations of Inventory Theory by Paul Zipkin.

Logistics & SCM, PLM, Manufacturing, and Procurement 2016

Supply Chain Movement

Logistics & SCM, PLM, Manufacturing, and Procurement 2016. URL: sapinsiderevents.wispubs.com/2016/Vienna/SCM-PLM-MFG-Procurement-CRM/. Logistics & SCM, PLM, Manufacturing, and Procurement 2016, sponsored by SAP, is the most important educational event of the year for organizations using SCM, PLM, manufacturing, and procurement solutions to fortify their business operations and infrastructure with proven methodologies and measurable, value-driven results.

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Are Supply Chain Orchestration Services Still Science Fiction?

The Network Effect

With orchestration, an LSP is afforded the visibility, monitoring, and operational insights required to ensure client service levels are maintained no matter who is performing actual supply chain tasks. With orchestration, an LSP is afforded the visibility, monitoring, and operational insights required to ensure client service levels are maintained no matter who is performing actual supply chain tasks. Sogol/Flickr.

Three Reasons Why SAP Supply Chain Planning Is a Risk to Your Business

Supply Chain Shaman

High-tech manufacturers in the Silicon Valley of the United States are some of the best at supply chain planning. With changing product profiles, short life cycles, constraints with downstream suppliers, and changing markets, being good at supply chain planning matters. In this tough market being good at supply chain planning is a critical element to be competitive. Getting good at supply chain planning requires the adoption of a different paradigm.

Your supply chain is costing you money – Reason #5 Not having a supply chain risk management process

Kinaxis

by John Westerveld Reason #5: Not having a supply chain risk management process. Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #3 Not having end-to-end supply chain visibility. Reason #4 Your supply chain is costing you money – Reason #4 Making key decisions by modelling the supply chain in Excel.

De-segregating the supply chain: Lessons learned in the air

Kinaxis

It started to connect with me that travel in today’s day and age relates to many people’s approach to supply chain—both involve many moving parts. There’s supply of airplane seats, planes, and routes. There’s a supply and demand of hotel rooms. Thinking back to when I started my career as a supply chain consultant, the travel industry has come a long way with technology to support the traveler. And so has the supply chain.

Trends & Strategies in Logistics and SCM

Supply Chain Movement

2013 Trends and Strategies in Logistics and Supply Chain Management: Embracing Global Logistics Complexity to Drive Market Advantage. The key results of this study by BVL International on trends and strategies in logistics and supply chain management are summarized, as follows. They are based on 1757 responses collected in an international survey from supply chain executives (including logistics service providers (LSPs), retailers, and manufacturing companies).

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