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Dealing With The Supply Chain Gloppy Mess

Supply Chain Shaman

For the first in seven years, I was not heads-down preparing for The Supply Chain Insights Global Summit. Pre-pandemic only 30% of supply chain leaders were satisfied with their supply chains, and during the pandemic, business leader satisfaction is falling precipitously.

Supply Chain Manager – A “Green” Superhero

Logility

I grew up in a time before people knew much about being eco-friendly or “Green,” so the concept of sustainability isn’t usually at the top of my mind. The topic of sustainability and being eco-friendly is discussed in K-12 education on a regular basis. Supply Planning

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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.

Vendor Managed Inventory Model for Supply Chain Cost Reductions

Cerasis

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. You can employ countless number of supply chain service providers who will help realized these cost reductions throughout the entire supply chain. The distributor maintains the inventory plan.

How Sustainability Will Fundamentally Change Your Supply Chain

Supply Chain Nation

As buyers have more access to information, companies won’t have a choice on whether to focus on a sustainable operation or not; it will be as baseline an expectation as one-day-delivery. This touches almost every aspect of supply chain in every industry: from ethical sourcing to incorporating recyclability into the design, to biodegradable packaging materials, to end-to-end supply chains that can lower waste, buffer, and excess and obsolete inventory.

The Science of Sustainable Supply Chains (Guest Post by Dara O’Rourke, UC Berkeley)

SCM Research

In his recent Science article, The Science of Sustainable Supply Chains, Dara argues that the field of supply chain management needs to significantly improve and integrate sustainability measurement systems and decision-support tools. The science of sustainability measurement has progressed alongside efforts to advance supply chain traceability, impact assessment, and aggregation of data into sustainability indicators.

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. Once implemented, Lean has to be sustained.

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Supply Chain and Logistics Predictions for 2016

Talking Logistics

For example, 3PLs and software vendors did pay more attention to serving the needs of small and mid-sized businesses (SMBs) and companies in the Energy and Process Industries (see TMS for SMB: Breaking Down the Barriers , Oil & Gas Companies Focus on Eliminating Supply Chain Waste , and Collaboration and Optimization in the Oil & Gas Industry ). Making supply chain and logistics predictions is like throwing darts at a moving target.

5 Ways Fashion Supply Chains Can Be More Sustainable

Elementum

This is why supply chain is at the crux of any conversation about corporate social responsibility. And it's why more people are asking clothing companies to look deep into their supply chains and dig out the weeds: 66% of Millennials say they’re willing to pay more for products that are sustainably produced, and 37% of people are willing to switch to another brand if it provides more transparent labelling than their current brand.

5 Ways Fashion Supply Chains Can Be More Sustainable

Elementum

This is why supply chain is at the crux of any conversation about corporate social responsibility. And it's why more people are asking clothing companies to look deep into their supply chains and dig out the weeds: 66% of Millennials say they’re willing to pay more for products that are sustainably produced, and 37% of people are willing to switch to another brand if it provides more transparent labelling than their current brand.

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. Sustainability.

Carter’s: A Story of Supply Chain Leadership

Supply Chain Shaman

To drive global scale, companies need to design the supply chain to buy globally and execute locally. The design of the supply chain is fundamental to making this happen. In our interview of the Supply Chains to Admire Winners, we found a unique approach at Carter’s. The company leverages globally sourcing strategies to buy products at a lower cost and then deploys some unique process logic to drive mass customization for retailers.

COVID-19: Implications on inventory planning, sourcing and procurement

EFT

It has been a huge challenge to understand what is changing moment-to-moment, let alone predicting what will happen, so eft by Reuters sat down in a webinar with experts working at the coalface of inventory planning and distribution to understand what can be done to survive and thrive. Alexander Wheeler, Target’s Senior Director, Food Supply Chain reinforced that garments and footwear are way down on the year.

How Procter & Gamble is thriving on supply chain complexity

ToolsGroup

Source: Gartner Supply Chain Executive Conference. Procter & Gamble (P&G) is known for best-in-class supply chain planning. Now, speaking at September's Gartner Supply Chain Executive Conference in London , P&G’s product supply director Onofrio Caradonna reveals how the company is applying planning capabilities to its distributor network. A sustainable growth opportunity. Supply Chain Planning

Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020

The Logistics & Supply Chain Management Society

“Managing supply chain and logistics has never been more significant and challenging since the outbreak of COVID-19 that created a new norm with high uncertainty and enforced an inevitable shift”. Logistics and supply chain management is a rapidly evolving field.

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Sustainability: A Fresh Opportunity for Convenience Stores

Supply Chain Nation

How can convenience store owners and managers contribute to sustainability — and increase their own profits? At the same time, about one-third of all food produced is wasted at some point in the supply chain 1. While these numbers are daunting, the good news is that advanced software solutions are readily available that can identify, track and eliminate food waste across the supply chain. Adding a sustainability initiative to this mix may seem impossible.

Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. 2020 Supply Chain and Logistics Trends: What’s Around the Corner? As 2020 moves closer, one concept that I’m hearing discussed more and more in discussions and appearing online is that of the circular supply chain. The Death of the End-to-End Supply Chain. Why is the Circular Supply Chain Trending?

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. So what are the Supply Chain implications of this “fifth mode of transportation” beyond car, air, rail and water? For one thing, the technology’s immense speed would allow greater Supply Chain flexibility.

How manufacturers optimize their inventories

ToolsGroup

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Colin: What are some of the global trends currently impacting demand modeling, supply chain planning, and supply variability? Finally, product proliferation is driving supply variability, as manufacturers struggle to manage a variety of product.

The sharing economy: An effective model for supply chain management?

Kinaxis

It is inevitably becoming a major source of revenue in today’s global economy, led by the likes of Uber and Airbnb. But what does the success of the sharing economy have to do with to supply chain management? ShiftRide, as do all businesses in the sharing economy, uses technology to connect the supply with the demand, and adds an environmentally friendly angle to its service. The answer is sustainability. Benefits of the sharing economy model on supply chains.

Reverse Supply Chains: Best Practices for Better Asset Recovery

Cerasis

Recovering your assets is a difficult task no matter what your occupation with reverse supply chains in the marketplace. As businesses often have a surplus of goods to dispose of or recover, such as core returns, we’ve compiled some excellent tips for your company so the process of handling goods not only stretches further… but enhances your chain value as well. Effective Reverse Supply Chains. Reverse Logistics Supply Chain reverse supply chains

Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

We just finished hosting over 150 executives at our Supply Chain Resource Cooperative, with a theme on Supply Chain Analytics. As 2013 comes to a close, here are some of my thoughts regarding the supply chain trends we are likely to see emerge in 2014. Here is what I expect to see next year: Global supply chain footprints will continue to expand. Increased Globalization Brings Increased Risks of Supply Disruption.

BASF: A Story of a Supply Chain Leader

Supply Chain Shaman

Over the last two decades the company successfully leveraged global scale to define supply chain leadership. With 12,000 supply chain employees operating in 80 countries with 2400 storage facilities, supply chain excellence and innovation are the foundation of corporate performance. For this case study we interviewed Ralf Busche, Senior Vice President of Global Supply Chain Strategy and Performance. Inventory Turns.

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.

The Next Great Disruption Coming to Supply Chains

Kinaxis

by CJ Wehlage What would you say is the next great disruption coming to our supply chain world? However, there’s one great disruption already occurring, which has yet to truly “touch” supply chain. I watched a TED Talk video by Philip Evans, from Boston Consulting Group and shuddered to think that all our traditional fulfillment and inventory models can be drastically transformed by the “consumer”. Where is the supply chain nodes?

The Future of Supply Chains Post COVID-19 – LogiSYM July 2020

The Logistics & Supply Chain Management Society

As the virus began to spread out from China, Asia, as a region, provided the first lessons to their global peers on how to mitigate the impact of both supply and demand sides. . But companies will have to go beyond the usual inventory optimisation. .

The State of Supply Chain Trends Part III: Circular Supply Chains, Collaboration, and Risk

Cerasis

Supply chains have traditionally followed a linear path, manufacturing products and sending them through warehouses and distribution centers to consumers. However, the age of the internet and omnichannel sales has created vast opportunities to change how the supply chain functions, creating more cohesive, collaborative, and circular supply chains. More companies were taking steps before 2016 to improve collaboration across entire supply chains.

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What Qualities Make the Best Supply Chain Leaders?

Kinaxis

by Kirsten Watson When considering what attributes supply chain leaders are most likely to possess, it’s easy to think first of hard skills—analytical prowess, technology expertise, and operations and economics knowledge quickly come to mind. So what attributes from both areas are today’s supply chain leaders most likely to possess? The findings were generated from multiple sources, including surveys of APICS members, articles, and external research.

Inventory Management in Service Logistics Industry

Talking Logistics

What is Inventory Management? The answer varies from function to function in the supply chain. For Manufacturing it’s about carrying zero or minimum inventory. For Logistics the focus is on high inventory turns. Inventory Management is about having a right balance of expectations from different functions of the supply chain. Inventory Management: There’s No One-Size-Fits-All Approach. What does it mean for inventory?

Digital Twinning of Supply Chains!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! This Digital Twinning of Supply Chains article focuses on transformative ideation of transport & logistics value chains.

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How manufacturers optimize their inventories

ToolsGroup

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Colin: What are some of the global trends currently impacting demand modeling, supply chain planning, and supply variability? Finally, product proliferation is driving supply variability, as manufacturers struggle to manage a variety of product.

Reimagine Supply Chain of the Future – agile, resilient, and balanced – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Reimagine Supply Chain of the future: There are many facets to imagining Supply Chain of Future. What are the learnings from Covid disaster that leaders will incorporate into future supply chains? Let us study major highlights of Supply Chains of the future.

Greater Supply Chain Savings Thanks to Transportation Management

Cerasis

Therefore, more companies have partnered with third-party logistics providers ( 3PLs ) to achieve greater supply chain savings and presence in such markets through enhanced transportation management systems ( TMSs ). Greater Supply Chain Savings Thanks to Transportation Management. Closely relating to auditing, these features and services help prevent product write-offs from oversupplied supply chains. Why Do Supply Chains Need Transportation Management?

Process Based Inventory Turnover Improvement!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Featuring Our 10 Best Inventory Management Articles! Inventory management is a critical area for most companies. You cannot just wave a wand a wish inventory levels will be magically lower. Excess and Obsolete Inventory.

Supply Chain Planning in Emerging Markets: Four Points to Remember

ToolsGroup

Supply chain planning in emerging markets is different. And while each market can be unique, we found a few repeating themes in our own experience and from sources including Gartner and our customers Procter and Gamble (P&G) and Cipla Medpro. Now supply chain professionals have another different set of challenges on how to get product to the entire country where consumer-oriented outlets (i.e. Not knowing how much inventory is at each location.