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It named its approach ‘segmentation’ and asked customers what they wanted, so that the company could produce different offerings that matched varying needs and wants. What is CRM in SupplyChain Management? A brute force, one-size-fits-all approach in supplychain ends up over-serving some customers and under-serving others.
Gartner has identified five stages of supplychain planning maturity and they say that 70-80% of companies plan to increase their supplychain planning (SCP) technology spend over the next two years to climb to the next level. Build more resilient supplychain plans (e.g.,
In business conversations, the term supplychain excellence rolls off the tongue frequently in meetings, but what does it mean? Supplychain excellence is harder to define than to say. We designed the SupplyChains to Admire Methodology to help companies define supplychain excellence.
Last month JDA teamed up with IndustryWeek and Altera Corporation to present a Webcast on the topic of supplychainsegmentation titled: One Size Doesn’t Fit All: Altera’s SupplyChainSegmentation Journey to Profitable Growth. Just like our customers.
Will the supplychain ever catch a break? With every link of the supplychain impacting businesses both large and small, keeping up with the globally disrupted supplychain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged SupplyChain.
by Dr. Madhav Durbha As supplychain professionals, we can grow insular in our thinking, as on a day-to-day basis we risk confining ourselves narrowly to our domain of responsibility or solving challenges specific to our regions. The 2017 SupplyChain & Logistics EMEA summit & expo was one such opportunity.
This thing called research in the supplychain market has many arms and legs. I struggle to find a good supplychain academic journal, and often speak to my academic network about the need for one. In a nutshell, the research states there is a correlation between cost, inventory, and forecast performance.
As demand and supply volatility increases, the goal is to build a flexible supplychain system. The definition is one that can deliver the same cost, quality and level of customer service with the increase in demand and supply volatility. It is a careful balance between change management and technology evolution.
Yet a century later, a ‘one-size-fits-all’ approach to supplychain has persisted well beyond its apparent sell-by date. For example, a survey of 100 organizations found that only 8% of manufacturers had achieved an advanced segmentation capability. What is supplychainsegmentation? How has this happened?
by Alexa Cheater It’s Time for the Evolution of SupplyChain: 4 Characteristics to Watch for With SupplyChain 2.0. The decades-old challenge of supplychain is now more difficult to solve than ever before. With complexity growing, an evolution of the supplychain needs to begin now.
Warehouse segmentation helps track diverse inventory. Many organizations respond to new obstacles by segmenting their supplychain. Many organizations respond to new obstacles by segmenting their supplychain. The supplychain itself could determine how much a customer pays for a product.
Warehouse segmentation helps track diverse inventory. Many organizations respond to new obstacles by segmenting their supplychain. Many organizations respond to new obstacles by segmenting their supplychain. The supplychain itself could determine how much a customer pays for a product.
Supplychain resilience is “the capacity of a supplychain to persist, adapt, or transform in the face of change” Wikipedia. I am thinking a lot this month about business resilience and the role of supplychain leaders. In the last decade, supplychain performance regressed.
This age-old challenge of supplychain is now more difficult to address than ever before. With complexity growing exponentially, supplychains and their associated capabilities need to start evolving now. According to Accenture, the answer lies in supplychain evolution. It’s SupplyChain 2.0!
Now, imagine if Sara’s applied the same supplychain strategy to both of these types of customers and channels. As you might expect, it would lead to numerous inefficiencies, jeopardize profits, and in a worst-case scenario, could even result in the business shutting down due to a completely collapsed supplychain.
It is difficult to come across many supplychain leaders today who do not subscribe to the principle of Demand-Driven SupplyChains. As supplychain experts we continue to write about, provide webinars, present at conferences, and assist numerous client companies to progress towards the Demand-Driven SupplyChain model.
The Aberdeen SupplyChain Summit in Chicago earlier this month was a productive event for supplychain executives and practitioners. I also had the pleasure of hosting a roundtable session on supplychainsegmentation along with Bob Heaney , Aberdeen’s lead analyst for SupplyChain Management.
At this time of year, we find many companies planning workshops to stimulate thinking on building a digital supplychain and igniting next-generation supplychain thinking. Understand inventory write-offs, impact of forecast processes and technology satisfaction in the planning benchmarking. Benchmarking.
In each issue we aim to cover a cross-section of topics that span regions, industry verticals and business functions with a goal of introducing strategies and best practices that resonate with a broad cross-section of supplychain practitioners.
Perhaps the most overworked word in the supplychain management lexicon is “visibility.” Yet it’s difficult to overstate the importance of a view into what’s going on in the supplychain. It’s also important to have the capability to track shipments anywhere along the supplychain, and receive alerts on potential delays.
The next time you feel the need to toast someone, raise your glass to all the supplychain professionals involved in omnichannel retail operations. John McAteer, Vice President of Sales, Retail, and Technology at Google, writes, “In retail, there’s no space for standing still. Lack of Inventory Visibility and Metrics.
Now, imagine if Sara’s applied the same supplychain strategy to both of these types of customers and channels. As you might expect, it would lead to numerous inefficiencies, jeopardize profits, and in a worst-case scenario, could even result in the business shutting down due to a completely collapsed supplychain.
Managing inventory in a supplychain is complex due to issues like downtime, delays, and demand fluctuations. Multi-Echelon Inventory Optimization (MEIO) is the solution, offering a sophisticated approach to optimizing stock levels, reducing costs, and improving service. What is Multi-Echelon Inventory Optimization?
The last 15 years have been a rollercoaster for supplychain professionals as companies embraced supplychain innovation, moving up the five steps of the supplychain maturity curve, supported by new technologies. Figure 1: A fresh look at the Five Tenets of High-Performing SupplyChains.
As an increasing number of organizations engage with vendors on a global level to fulfill their supplychains, the need for supplychain robustness has never been so critical. The Global SupplyChain Landscape: What is the current situation?
Inventory management improvements can lead to operational gains across multiple lines of business. A change to production demands has implications all the way through to the supplychain, and vice versa. ALSO READ: Data collection software solves common SCM challenges ».
Inventory management improvements can lead to operational gains across multiple lines of business. A change to production demands has implications all the way through to the supplychain, and vice versa. ALSO READ: Data collection software solves common SCM challenges ».
In anticipation of his presentation at JDA’s Innovation Day in Chicago on September 10, SupplyChain Nation sat down with Rick Blasgen, President and CEO of CSCMP, as part of our Expert Insight series to get a preview of his presentation on the State of SupplyChain Management. We still need that information.
In Part I of my SupplyChain Strategy series, I explained why the five tenets of High-Performing SupplyChains remain a great starting point to build your supplychain strategy. This post will explore the three capabilities essential to supplychain redesign. Frequent product portfolio changes.
My hand was enjoying the warmth from the porcelain coffee cup and I was loving the solitude when a supplychain leader approached me with a cup of tea in his hand. Instead, deploy new technologies with pattern recognition to translate channel demand into DRP requirements. Automate Manufacturing to Use Independent Demand.
Building a High-Performing and Profitable SupplyChain. In Part I of my SupplyChain Strategy series, I explained why the five tenets of High-Performing SupplyChains remain a great starting point to build your supplychain strategy. Figure 4 – Maturity Model for Customer-Centric SupplyChains.
Over the past decade, the tire industry has faced several market and technological challenges, caused by increasing competition and growing demand for high technology tires. But, more significantly, they have looked to enhance their supplychain efficiency and responsiveness to ensure that a lack of availability is never an issue.
Supply & Demand Chain Executive recently announced its annual list of the best 100 supplychain transformations and projects that deliver bottom-line value to small, medium and large enterprises across a wide range of supplychain functions. Highlights from SanDisk’s supplychain transformation.
Today’s supplychains are facing similar challenges with personalizing logistics operations for customers. Let’s look at some key steps on the journey to a customer-focused supplychain. Segment customers to match incentives to needs. Establish multi-channel fulfillment centers with real-time inventory.
Kenco’s Innovation Research Manager Matt McLelland has been getting hands-on with drone technology for the last couple of years. The supplychain of the future. The supplychain of the future. Supplychainsegmentation in Europe. A focus on industry drivers.
Technology is disrupting the manufacturing industry, and with any type of change, comes opportunity. ChainLink Research recently released two reports about how digital technology is affecting today’s manufacturers. Relying on inventory as a buffer will no longer be effective from a cost or customer service perspective.
I always come back from these conferences inspired and fascinated at how diligent chemical supplychain managers must be to mitigate risk and adverse events. The chemical supplychain continues to faces significant challenges, with more global and complex supplychains, leaner inventories, and rising customer expectations.
Technology Services. SupplyChain Management. The Infosys global supplychain management blog enables leaner supplychains through process and IT related interventions. Discuss the latest trends and solutions across the supplychain management landscape. SupplyChain Management.
Mark Hersh (shown here) is now a Director of SupplyChain Strategy at Clorox while Dave retired in 2018. Mark and Dave, both career Clorox employees, drove a program to customize the supplychain response using Value ChainSegmentation. Designing a Fit For Purpose SupplyChain.
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