Remove Inventory Remove SCM Remove Supply Chain Remove Transportation

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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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

This year’s report focuses on the impact of digital yard management on enterprise transportation costs and capacity. The report brings clarity to key industry questions such as How important is having digital yard management capabilities in helping you achieve transportation objectives?

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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.

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?

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

Editor’s Note: Today’s blog is from Kevin Doubleday who discusses the importance of blockchain within the supply chain. Current Supply Chains don’t operate at the cadence of business. Integrating Blockchain within the Supply Chain could change that. When we are asked about “killer” use cases for blockchain within enterprise systems, Supply Chain is the usual suspect — and for good reason.

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.

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

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.

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.

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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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.

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.

Making Supply Chains Fit for Function

Enterra Insights

With so much being written and discussed about supply chain transformation, it’s good to remind ourselves what supply chain management is fundamentally about. Lora Cecere ( @lcecere ), Founder and CEO of Supply Chain Insights, bluntly states, “The best supply chains are fit for function.”[1] ”[1] She goes on to note that today’s supply chains need leadership not management.

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5 Pitfalls To Avoid When Selecting Supply Chain Software

Cerasis

As your business grows, you supply chain software will need to expand. No matter which direction you choose, supply chain software comes riddled with opportunities for confusion, demise, and incapability. 5 Pitfalls of Supply Chain Software Selection. #1: However, some ERP systems may have extensive costs, which would easily outweigh the purchasing price of individual Warehouse Management Systems ( WMSs ) and Supply Chain Management (SCM) suites.

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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Supply Chain Is at Its Best When You Can’t See It

Kinaxis

One of my teammates made the comment that essentially boiled down to, “they should be seen and not heard,” which started me thinking, strangely enough, about supply chain. When a supply chain is working at its best, the general population doesn’t see it and often has no concept of the complexities behind it. To our local consumer, supply chain is simply out of sight and out of mind; for all intents and purposes, it is invisible.

Why this is a great time to be a supply chain professional

Kinaxis

Tim started his career in supply chain management along with me. After about a decade, he took a different path and branched off from SCM. After exchanging pleasantries, Tim said he is considering pivoting back into supply chain and wanted my opinion on if the timing is right. New supply chain challenges creating new opportunities : Fundamental shifts in technology are remaking supply chains as we know them, bringing together the digital and physical worlds.

Is Hyperloop the Next Great Supply Chain Technology?

Kinaxis

by Melissa Clow This guest post comes to us from Argentus Supply Chain Recruiting , a boutique recruitment firm specializing in Supply Chain Management. We’re always trying to stay on top of Supply Chain developments at Argentus. The CEO of the company behind the test (Hyperloop One) estimates that the system will be transporting cargo by 2019 and passengers by 2021. The post Is Hyperloop the Next Great Supply Chain Technology?

What is SCM and Why is it Important?

Oracle SCM

The acronym SCM stands for supply chain management. It refers to the systems, processes and software packages used by organizations to manage day-to-day operating activities such as, new product development , demand, supply and sales & operations planning , procurement , logistics , order management , manufacturing and asset maintenance. SCM systems provide a strategic advantage and business insight to companies and their operations. SCM Fundamentals.

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Walmart: 3 Keys to Successful Supply Chain Management any Business Can Follow

Cerasis

However, one thing that should come to mind is the prowess of the retail giant’s supply chain excellence. Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 million employees without a focus on good supply chain management. ” The Key’s To Walmart’s Supply Chain Management Excellence over the Year.

Are you a supply chain superhero?

DELMIA Quintiq

At a recent conference, I was asked how to deal with corporate power dynamics when supply chain is not an equal-partner organisation. This made me think: “What superpowers would supply chain executives love to have?”. Supply chain’s role in corporate strategy is to deliver the “how” of the strategic vision. Revenue growth, market expansion, cost reduction and improved customer service targets are all a direct result of the physical supply chain network.

Five reasons why cloud-based supply chain tech beats traditional on-premise

The Network Effect

What can we say about supply chains with 100% certainty? First, supply chain processes are inherently collaborative activities involving multiple participants whose actions must be synchronized to deliver maximum business performance. Second, supply chain are also a community in which those parties who are already present and connected will be a superior solution framework than an isolated, inward looking enterprise-centric architecture.

How Uber Parallels the 6 Design Principles of Digital Supply Chain

Kinaxis

by Dr. Madhav Durbha Digital supply chain is the “in” thing! You will come across many articles talking about how supply chains are being remade by industry 4.0, But what most of these articles focus on are the means rather than the ends for the digital supply chain. On a day-to-day basis I speak to a number of supply chain practitioners. However, much confusion exists in terms of what constitutes a digital supply chain.

Why a ‘single version of truth’ is key to a great supply chain

The Network Effect

The journey from ‘good’ to ‘great’ is well underway across many global supply networks. In order to operate a ‘great’ supply network, we must adhere to 2 immutable truths….namely namely there is a single statistical sales forecast driving all related actions across the supply network, and this therefore drives a single version of the truth. In order to operate a ‘great’ supply network, we must adhere to 2 immutable truths….namely

Supply Chain Best Practices: The Flexible Supply Chain

Elementum

This requires the ability to flexibly reallocate inventory based on demand, and quickly locate component alternatives when supplier issues arise. But as their operations grow more fragmented across the globe, businesses are stuck with rigid inventory management and ordering systems that aren’t designed to react to rapid demand shifts. Empty shelves, inventory in the wrong places, or excess product sitting in warehouses and tying up millions in cash.

Whitman School Collaborates with Staples to Analyze Supply Chain Management Opportunities Sparking Millennial Interest

Cerasis

Editor’s Note : It is clear from several articles around the Skills Gap that we need programs that keep the next generations interested in one of the most vital parts of business today: mastering the supply chain. It is proven time and time again that those companies who master all of the chains in the many faceted practice of supply chain management have a competitive advantage. Franklin Center for Supply Chain Management at the Martin J.

Supply Chain Basics with Jason Miller

The Logistics of Logistics

Supply Chain Basics with Jason Miller. Jason Miller and Joe Lynch discuss supply chain basics. Jason is a professor of supply chain at Michigan State University, which is ranked as one of the top supply chain schools in the world.

What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

When I began my career there was no such thing as “Supply Chain Management” Supply Chain was not a title to be found anywhere on any organization chart. Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. So what exactly is the definition of “Supply Chain Management”?

9 Steps to Establish the Lean Supply Chain: A System of Interconnected & Interdependent Partners

Cerasis

Top management knows that lean can add value , but many still haven’t moved past the initial education stage into full-scale lean supply chain implementation. The Lean Supply Chain is a system of interconnected and interdependent partners that operate in unison to accomplish supply chain objectives. There should be metrics involved to monitor these objectives to ensure success across the supply chain. This sets the supply chain pace.

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Supply Chain Predictions!

Supply Chain Game Changer

In the book, The Living Supply Chain , the authors argue that, “Speeding up the supply chain is at the root of everything that is good: improved revenue, reduced working capital, higher profitability, and less obsolete inventory. Conversely, slowing down the supply chain is at the root of everything that is bad: working capital write-offs, reduced profitability, and slowing revenues.”. The post Supply Chain Predictions!

Supply Chain Best Practices: The Flexible Supply Chain

Elementum

This requires the ability to flexibly reallocate inventory based on demand, and quickly locate component alternatives when supplier issues arise. But as their operations grow more fragmented across the globe, businesses are stuck with rigid inventory management and ordering systems that aren’t designed to react to rapid demand shifts. Empty shelves, inventory in the wrong places, or excess product sitting in warehouses and tying up millions in cash.