The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Ocean Risk Management part 2: Navigating Global Shipping Alliance The shipping industry continues to evolve. While GSAs can provide benefits such as cost savings and increased efficiency, they also introduce new risks and challenges for shippers. Where do we stand today?

Risk Management 130

Risk Management Negotiating Skills Vendor Strategies Resource Reduction 130

Enterra Insights

AUGUST 29, 2023

So much so that, from time to time, it is worth standing back to consider the sheer strangeness of our situation. 2] With the world in a state of constant turmoil, supply chains risks abound. So much so that, from time to time, it is worth standing back to consider the sheer strangeness of our situation.

Risk Management 130

Risk Management Waste Reduction Supply Chain Planning Software Cost Reduction Strategies 130

ivalua

SEPTEMBER 19, 2022

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. Common Supply Chain strategies, such as just-in-time inventory, exacerbate the impact of shocks. Loss of sales and market share are the most visible and measurable impacts.

Supply Chain Risk Management 130

Supply Chain Risk Management Risk Management Inventory Reduction Cost Reduction Strategies 130

ToolsGroup

AUGUST 27, 2021

It is, in order words, a failure in supply chain risk management. What is supply chain risk management? Most companies split this concept of risk management into two camps – “macro” agility and “micro” agility. Beyond, obviously, just fixing what didn’t work this time around. Get in line.

Supply Chain Risk Management 156

Supply Chain Risk Management Risk Management Agile and Lean Supply Chain Supply Chain Planning Software 156

GlobalTranz

NOVEMBER 19, 2018

Imagine you’re an executive of a large international business who has just discovered an excellent opportunity of entering a new exciting market just in time when your product design team has developed a perfect product for that market. Do you think that your supply chain management is good enough for this market?

Supply Chain Risk Management 189

Supply Chain Risk Management Risk Management Supply Chain Design Supply Chain Planning 189

Resilinc

JUNE 11, 2023

Do you ever get confused when people use the terms supply chain risk management (SCRM) and supply chain resilience? In this blog, we’ll look at the distinctions between SCRM and supply chain resilience—and discover what those differences mean for your company’s supply chain management. But are these terms actually equivalent?

Supply Chain Risk Management 99

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 99

Resilinc

DECEMBER 5, 2023

In some cases, it feels like AI is just starting to take off. In this new multi-part blog series, we address the possibilities of supply chain AI and how new capabilities and machine learning algorithms are revolutionizing supply chain risk management (SCRM). Understand the nuances of multi-tier mapping vs AI mapping here ).

Supply Chain Risk Management 75

Supply Chain Risk Management Risk Management Modeling Agile and Lean Supply Chain 75

ivalua

JUNE 10, 2020

From inventory management to customer shipping, leave nothing to chance when it comes to supply chain risks. With that in mind, let’s take a look at how supplier risk management can benefit your business and prevent the disruption of services. Understanding Supplier Risk Management.

Risk Management 147

Risk Management Optimal Sourcing Manufacturing Procurement Waste Reduction 147

Talking Logistics

JUNE 30, 2014

As I discussed last Friday, Accenture published a report recently on supply chain risk management. The chart below from the Accenture report highlights the different approaches companies are taking to supply chain risk management. The post Your 3PL as Supply Chain Risk Management Partner?

Supply Chain Risk Management 206

Supply Chain Risk Management Risk Management 3PL Supply Chain Planning Software 206

ivalua

MAY 11, 2021

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. Strategic Investments Target Risk Reduction. What was the impact of Covid-19 on digitization?

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 130

Enterra Insights

JUNE 9, 2020

For years I’ve been writing about the importance of supply chain risk management and how it’s often given short shrift in business discussions. Multi-dimensional risk planning. Today, ears are no longer deaf to the topic of supply chain risk management. But hindsight is always 20/20.”[1]

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Planning 100

LevaData

DECEMBER 16, 2021

Supply risk management has never been as important to sourcing and procurement executives as it is today. Of course, managing disruptions has always played a prevalent role in assuring an agile, successful pipeline. What if there are other areas of your process that deserve just as much attention and effort? .

Risk Management 77

Risk Management Predictive Analytics Software Supply Chain Planning Software Material Savings 77

Enterra Insights

JUNE 12, 2018

Supply chain risk management teams know the world is full of challenges and complexity. Trying to prepare for every potential risk to supply chain operations is impossible; nevertheless, some preparation must be made in order to prevent or mitigate significant disruptions to operations.

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Prescriptive Analytics Software Supply Chain Planning Software 100

Elementum

MAY 10, 2017

Risk management is important in a company. A company cannot possibly define its goals for the future without first analyzing and identifying possible risks, challenges, or disasters it may encounter. Effective risk management strategies empower companies to reduce supply chain risks and maximize profit at the same time.

Risk Management 109

Risk Management Supply Chain Risk Management Supply Chain Planning Software Supply Chain Software 109

Enterra Insights

OCTOBER 10, 2018

And Elemental was just one of hundreds of Supermicro customers. ” Aside from national security implications, the main lesson to be learned here is how vulnerable companies are to risks associated with their supply chains. ”[1] As most people are now aware, the beginning of a similar real-life tale is beginning to unfold.

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Design 100

Resilinc

FEBRUARY 22, 2021

A common challenge for procurement and supply chain professionals is obtaining support from C-level leaders to invest in a robust supply chain risk management (SCRM) program. To reflect the reality that SCRM programs take time to mature, ROI should be calculated over a three-year period. Anticipate and answer objections.

Supply Chain Risk Management 62

Supply Chain Risk Management Risk Management Supply Chain Design Software Agile and Lean Supply Chain 62

Enterra Insights

APRIL 4, 2018

” Taken as a whole, the issues raised by Monahan and Gott are enough to keep any risk manager awake through the night. Just when you thought things couldn’t get worse. ”[2] Those risks are: 1. As we step into 2018, enterprises must realize the risks associated with their IoT ecosystem.”

Risk Management 100

Risk Management Supply Chain Design Software Supply Chain Planning Software Analytics Software 100

Supply Chain Game Changer

FEBRUARY 5, 2020

Cut to 2019, Deloitte published its newest CPO Survey where they found that 81% of chief procurement officers with fully implemented solutions in the space of Supply Chain Risk & Compliance Management aren’t satisfied with their solutions. I feel you. I was there. In the exact same position, you’re in now. A skeptic.

Supply Chain Risk Management 73

Supply Chain Risk Management Risk Management Supply Chain Software Gartner 73

ShipBob

JULY 18, 2022

There’s a certain amount of risk associated with holding inventory. However, there are ways to manage inventory risk to ensure your customers get their order on time and that your bottom line doesn’t take a hit. In this post, we give you a closer look into inventory risk and the different types you may encounter.

Risk Management 52

Risk Management Inventory Reduction Inventory Management Software Inventory 52

Logistics Viewpoints

APRIL 1, 2024

This new ecosystem will: Offer “real-time, multi-enterprise optimization, orchestration and collaboration both inside and outside an organization – across multi-tiers from customers to carriers to suppliers to the suppliers’ suppliers.” The multi-tier visibility to risk depends upon the partnership Blue Yonder has with Everstream Analytics.

Supply Chain Planning Software 217

Supply Chain Planning Software Prescriptive Analytics Software Supply Chain Network Software Supply Chain Software 217

Logistics Viewpoints

FEBRUARY 26, 2024

Cooper University Health Care Relies Upon Real-time Alerts to Improve Operations Cooper University Health Care, like most companies, struggled with their supply chain during COVID. The company bought a risk solution that provides real-time alerts to potential supply disruptions. But there was a cost to this.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

Logistics Viewpoints

SEPTEMBER 7, 2022

Ever since COVID hit, supply chain executives have embraced supply chain risk management. Mr. Nelson went onto explain that during COVID, “we, along with a lot of other companies in the world, were just in a constant firefighting mode. How can you manage a supply chain when you’re completely blind?”.

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

CHAINalytics

MAY 1, 2023

The ongoing pandemic, global and regional conflicts, and economic turbulence are just a few pervasive supply chain risks impacting critical customer, operational, and business metrics. Supply chain resiliency is central to … The post De-Risking Supply Chains in 2023: Just-in-Time or Just-in-Case?

Just-in-Time 148

Just-in-Time Supply Chain Planning Supply Chain Metrics 148

ToolsGroup

DECEMBER 5, 2023

Over the final quarter of 2020, Evo was a part of a team of leading AI companies in Europe brought together by Facebook that dedicated itself to developing a data-driven framework to manage AI risk while encouraging innovation and growth. If your eyes are glazing over just thinking about AI policy , you’re not alone.

Innovation 156

Innovation Policies Modeling Software Government 156

ThroughPut

OCTOBER 1, 2020

What is Supply Chain Risk Management? Supply Chain Risk Management (SCRM) is defined as the process of taking those strategic steps which can help manufacturers identify, analyze, assess, and finally mitigate the risk in the end-to-end supply chain. The Supply Chain Risk Management Lifecycle.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 52

Turvo

JUNE 3, 2020

Global supply chain risk management continues to evolve and embodies a consideration of possibilities and outcomes by supply chain executives totaling in the millions. That’s where the crossroads of a tech-driven approach to solving the challenges of supply chain risk management lie.

Supply Chain Planning Software 54

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Risk Management Risk Management 54

Enterra Insights

APRIL 18, 2024

The causes are myriad, including rising labor costs, geopolitical considerations, rising transportation costs, and increased risks of supply chain disruptions. Going forward, companies will need to continue to navigate supply chain disruptions, China risk, and concerns about capital outlays in a rising interest-rate environment.”[2]

Global 130

Global Cost Reduction Strategies Expense Reduction Inventory Reduction 130

Supply Chain Shaman

DECEMBER 7, 2023

Background The Council of Supply Chain Resilience met for the first time this month. I believe that the ASCM definition is too reactive and rooted in the traditional, and outdated concepts on risk management. Here I share some insights from my research. Improve cross-government data sharing and analyze resilience. The reason?

Supply Chain Design Software 320

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 320

QAD

MARCH 14, 2024

Episode #46: The Crucial Role Of Risk Management In Future Supply Chains Natural disasters, cybersecurity threats, global trade issues, equipment failure; supply chain disruption comes in many forms for automotive suppliers and companies can’t afford to take the pedal off risk management activities.

Agile and Lean Supply Chain 77

Agile and Lean Supply Chain Supply Chain Software Vendor Strategies Supply Chain Strategy 77

SupplyOn

JULY 13, 2020

The next crisis is just around the corner. A holistic supply chain risk management helps to better brace yourself for all the eventualities of the future The current coronavirus crisis clearly shows how vulnerable and susceptible to disruption supply chains are today. It is won by the company that is best prepared.

Supply Chain Risk Management 40

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 40

Logility

MARCH 11, 2024

Dow and Ngabire have committed their time and talents to positively influence the supply chain profession. “Many of today’s supply chain pros are more than just leaders within their space; they’re innovators, decision makers, pioneers of change and growth. . ATLANTA – March 11, 2024 – Logility, Inc.,

Logility 211

Logility Supply Chain Planning Software Demand Planning Software Supply Chain Design Software 211

The Logistics of Logistics

JULY 7, 2023

Alexis is Managing Editor at Food Logistics and Supply & Demand Chain Executive. Key Takeaways: The Next Frontier in Food Logistics Alexis Mizell-Pleasant is managing editor at Food Logistics and Supply & Demand Chain Executive. It is published 6 times a year, providing regular updates and insights into the industry.

Logistics Network Optimization Software 234

Logistics Network Optimization Software Food Manufacturing Procurement Supply Chain Software 234

Logistics Viewpoints

JUNE 21, 2023

It introduced the survey we had just launched to determine the perceptions, priorities, and strategic initiatives of today’s supply chain and logistics executives. We conducted ARC Advisory Group’s survey at the same time as the Conference Board updated its C-Suite Outlook for 2023. Meanwhile, labor constraints are as binding as ever.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 235

Supply Chain Shaman

JUNE 9, 2023

The demand must be embraced as a flow, not an analysis of time-phased data, to drive better insights. In the Global Supply Chain, there are More Constraints To Address Than Just Manufacturing. Procurement planning inside of lead time is not sufficient. Let me explain. What is the data and process latency in current decisions?

Optimal Sourcing 314

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 314

ivalua

NOVEMBER 26, 2020

In a blog at the very start of the COVID-19 outbreak when confirmed cases had just exceeded 40,000, we discussed the considerations for organizations facing the outbreak. At the time, this article is being drafted, COVID-19 Cases have topped 59M, underscoring how much the world has endured in 2020.

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

Enterra Insights

DECEMBER 28, 2023

.” They add, “Geopolitical risks … can severely disrupt the highly interconnected global economy. … Proactive risk management must become part of every operation’s business framework. ” Resiliency and Geopolitical Risk What constitutes a geopolitical risk?

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Modeling Scenario Planning 130

DELMIA Quintiq

AUGUST 7, 2023

Enterprise risk planning: In a highly disruptive business environment, more effective risk management has become a necessity for companies. Leveraging the right solution, industrial equipment companies can achieve this by targeting one of the weaker links in the value chain: the gap between production and warehouse management.

Material Savings 156

Material Savings Agile and Lean Supply Chain Manufacturing Procurement Inventory Reduction 156