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Digital Supply Chain Transformation Still in Early Stages

Enterra Insights

Supply chain expert Mike Mortson ( @mmortson ) believes it’s still fair to ask, “What is the digital supply chain?”[2] ”[2] Steve Banker ( @steve_scm ), Vice President of Supply Chain Services at Arc Advisory Group, agrees it’s a fair question. He writes, “Companies mean different things by the term ‘digital supply chain transformation.’

The Internet of Things and Supply Chain Transformation

Enterra Insights

IoT Benefits for the Supply Chain. Brittany Martincic predicts, “IoT will eventually have some impact on all aspects of the supply chain. … Every supply chain business, from manufacturing to logistics, should be taking a close look at the Internet of Things now.”[4] Below are some of the ways the Internet of Things ecosystem will benefit supply chain operations. Digital Transformation.

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Podcast: Supply Chain Strategist Lora Cecere on Supply Chain Transformation in Response to COVID-19

Requis

Enterprise strategist and analyst Lora Cecere has over 35 years of experience in a variety of roles in supply chain. On this episode of Supply Chain Next, Lora talks with host Richard Donaldson about the fallout in the marketplace from COVID-19, how it’s affecting supply chains, and what businesses can do to recover. ?. The direction of global supply chain before and after COVID-19. Supply chain means different things to different companies.

The Great Gap Year of 2020

Bristlecone

In the organizational context, it allows the corporate world to rediscover itself, reimagine established practices, and reassess digital transformation requirements and uses cases before restarting the long haul. Multi-sourcing, for the sake of it, does not mitigate risk.

6 WAYS TO MITIGATE COVID-19’S IMPACT ON YOUR SUPPLY CHAIN

Bristlecone

During the financial crisis, supply chains that drive the modern economy were strong, but industries lacked demand. Supply chains have been hit hard, though demand remains strong in certain markets. Over the years, globalization has led to increased supply chain interdependency, and in many ways, this has benefitted businesses and local economies. Here are six key strategies aimed at mitigating COVID-19’s impact on supply chains.

Supply Chain and Logistics Predictions for 2016

Talking Logistics

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. 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 ).

Top 6 Predictions for Supply Chain Planning in 2021 and Beyond

ToolsGroup

Over the year, COVID-19 introduced even greater complexity into the already difficult work of supply chain planning–and changed supply chain from a practitioner-focused topic to everyday dinner table conversation. Digital supply chain transformation will accelerate.

KC SmartPort: Understanding Why Technology Is Transforming Supply Chains

DSI

A fascinating paradox has gripped the supply chain industry. Today’s supply chains have become more complex than ever , growing in size and scope to encompass more trading partners, more facilities and more customers, often spanning the globe. What’s happening right now in your supply chain? And given Heinrich’s remarks on logistics, Kansas City was the natural place to hold such a discussion.

Innovating spare parts logistics with 3D printing

EFT

Typically an expensive part of the supply chain, the management is often based on ‘just-in-time’ deliveries in order to keep inventory levels low. Meanwhile, in 2016, UPS announced a distributed, on-demand manufacturing network that links its global logistics network with 3D printers at more than 60 UPS Stores across the U.S Just recently, Ford announced a $45 million investment into its Advanced Manufacturing Center housing 23 3-D printers.

Bristlecone Flash – October 2020

Bristlecone

There’s more to supply chain transformation than systems integration. In fact, successful digital transformation initiatives focus on people and processes, not technology alone. New client engagements in life sciences, hi-tech and manufacturing.

Executive Insight: Creating a Digitally Resilient Supply Chain

Bristlecone

Executive Insight: Creating a Digitally Resilient Supply Chain. Every company, at some point during this crisis, has undoubtedly realized the criticality that if you can’t supply your product, you don’t have a business. I think business leaders around the world have a unique opportunity to grasp this moment of crisis and use the learnings from it to accelerate the digitization of their supply chain. Key Components of a Supply Chain.

Supply Chain Management:A New Lens for Supply Chain Roadmaps

Infosys Supply Chain Management

Industrial Manufacturing. Logistics and Distribution. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. « Supply Chain Agility - Is it for Real?

Supply Chain Management Challenges All Businesses Need to Understand

USC Consulting Group

Sustained marketplace success and effective supply chain management go hand-in-hand. Organizations that cultivate and maintain reliable yet malleable logistics channels can source the material needed to produce impactful products with minimal overhead and deliver these items swiftly to anticipative consumers. Sophisticated enterprise information technology now propels numerous operational functions, including supply chains.

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. Sourcing.

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Debunking the 6 most common myths about industrial 3D printing and its impact on supply chains

DiManEx

billion by 2027 , disrupting the $T12 manufacturing sector. We’ve all heard about its potential to upend supply chains and business models. But to this day, the benefits of 3D printing, also referred to as Additive Manufacturing, remain elusive to most supply chain executives. Let’s delve into these myths and discuss how supply chain leaders can generate value by embedding 3D Printing in a digitized and automated workflow.

Supply Chain Innovation: How to Build an Award-Winning Supply Chain

ToolsGroup

Source: Supply Chain Digest. What does it take to create an award-winning supply chain? Last month, Lennox Residential was runner-up in the 2015 Council of Supply Chain Management Professionals (CSCMP) Supply Chain Innovation competition, arguably the top supply chain award in North America. And last year Costa Express won the “Technology” category award at the European Supply Chain Excellence Awards , also a top honor.

Time to Think about Your Supply Chain’s Future

Enterra Insights

One business area undergoing constant change is the supply chain. Supply chain transformation is not a new phenomenon. As new technologies emerged throughout history, supply chains have transformed to take advantage of these technologies. As a result, transformation has been and remains an essential characteristic of supply chains. Nevertheless, the rate of transformation today is breathtaking.

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Disruptive Times Require Adaptive Supply Chains

Enterra Insights

New business models are constantly challenging more traditional ones and supply chains need to adapt to these changing conditions. In particular, the supply chain is ripe for innovation. The future of the supply chain. Supply chain transformation is not a new phenomenon. Supply chains have been around since people realized they had things worth trading. Nevertheless, the rate of transformation today is breathtaking.

Do We Need Just-In-Case Supply Chains?

Enterra Insights

Pundits have been talking about supply chain transformation for years. industrial supply chain. We’re going to decouple completely from China, dramatically cut back on sourcing from other countries, and bring manufacturing back to America, right?”[1] Rich Weissman ( @weissman_rich ), a supply chain practitioner turned college professor, insists, “Today’s supply chains are too lean.

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Where, Oh Where Should Demand Planning Go?

BlueYonder

Cons: Merchants that are incented purely on sales may be more likely to inflate forecasts that would drive more inventory than needed into the supply chain. SUPPLY CHAIN. Pros: The supply chain organization is usually both incented on in-stock performance and inventory productivity. Logistics organizations are normally staffed with like-minded analytical people with a good mind towards the business, overall creating a good career path for demand planners.

Embracing the Digital Supply Chain

Supply Chain Shaman

As I drank a cup of coffee and waited, I reflected on the article I had just completed for the Institute of Supply Management. At their request I wrote on the digital supply chain. Digital supply chain is such a buzzword. The digital supply chain is about SO much more than gadgets.” Yet, within the supply chain, everyone waits for data and insights. Supply chains do not move in the cadence of the market.

Top 25 Supply Chains of 2018

Material Handling and Logistics

Our look at the Top 25 (plus 4) Supply Chains of 2018 examines how the best companies in the world excel at managing their global supply chains. One of the most popular articles we’ve ever done is our look at analyst group Gartner’s annual ranking of the Top 25 Supply Chains. Also, for whatever reason, Gartner limits the scope of the Top 25 to companies in the manufacturing, retail or distribution sectors. Source ID. Source ID.

Podcast: Marcia Williams on Supply Chain Optimization and Digital Transformation

Requis

Supply chain optimization consultant, author, and podcaster Marcia Williams has been working in supply chain since 2004. Supply Chain Next · 018 – Marcia Williams. Can you tell me a little bit about your background and experience in supply chain?

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks.

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No Denying the Relentless Advance of the Digital Supply Chain

Enterra Insights

Analysts from Adelante SCM rhetorically ask, “Why all the fuss today about digital transformation?”[1] ”[1] They continue, “The short answer is because many companies and their trading partners … have not advanced very far on the digital transformation journey. The digital supply chain imperative. For consumer products companies, the old model of manufacturer to wholesaler to retailer is no longer adequate to meet the needs of buyers.”[3]

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Seasoned Leadership in Action™ – An Interview with Steve Radewych, Director, Supply Chain at Precision Global!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Imagining the Supply Chain of the Future! At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. This interview is with Steve Radewych, Vice President of Supply Chain. He brings a wealth of international, diverse industry, and broad based Supply Chain experience to any role he takes on. Subscribe Here!

Where, Oh Where Should Demand Planning Go? – Part 4 of 4

BlueYonder

Cons: Merchants that are incented purely on sales may be more likely to inflate forecasts that would drive more inventory than needed into the supply chain. SUPPLY CHAIN. Pros: The supply chain organization is usually both incented on in-stock performance and inventory productivity. Logistics organizations are normally staffed with like-minded analytical people with a good mind towards the business, overall creating a good career path for demand planners.

This Week in Logistics News (January 15-19, 2018)

Talking Logistics

I’m short on time this morning, so let’s go straight to the supply chain and logistics news that caught my attention this week: Maersk and IBM to Form Joint Venture Applying Blockchain to Improve Global Trade and Digitize Supply Chains. Exclusive: GM, DHL use a Chinese plant to lead manufacturing change (Reuters). LTL rates seen zooming in excess of 5 percent this year (Logistics Management). Suffer from poor supply chain visibility?

Training for the Next Triathlon. Insights for You?

Supply Chain Shaman

I see a lot of parallels in the training that I did for the triathlon, and the work that I am doing on financial ratios with Abby Mayer on my team at Supply Chain Insights. Abby and I are writing an e-book on Supply Chain Metrics that Matter. To write the book, we have been analyzing twenty years of supply chain financial ratios and looking at the trends. We call this the Supply Chain Index. I have never been an athlete.

Reflections, Thank-you(s) and Rethinking the Future

Supply Chain Shaman

Last week I spoke at the CLX Logistics Conference in Philadelphia on the future of Supply Chain Management. As I presented on Supply Chain 2030, I shared the research on balance sheet performance, and provided the insights on why I believe 90% of organizations failed in the delivery of supply chain excellence at the balance sheet level. The recent Supply Chain Insights Global Summit gave me new perspective and insights.

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The Pressure is Rising for CPG Companies to Improve Order Delivery Performance

Aera Technology

by Arnaud Morvan, Senior Engagement Director at Aera Technology Walmart’s announcement last year that it would toughen up its on-time, in-full (OTIF) delivery requirements sent a chill through supply chain executives at CPG companies doing business with the world’s largest retailer. Manufacturers are facing SKU proliferation to go to new markets and to answer consumer demand for more personalized products. This article originally appeared in Manufacturing and Logistics IT.

Building Your Supply Chain Strategy: The Customer-Centric Journey Towards Supply Chain Excellence

BlueYonder

Building a High-Performing and Profitable Supply Chain. In Part I of my Supply Chain Strategy series, I explained why the five tenets of High-Performing Supply Chains remain a great starting point to build your supply chain strategy. In Part II , we saw how seeking inspiration from retailers can help manufacturing companies to embrace customer-centricity. Figure 4 – Maturity Model for Customer-Centric Supply Chains.

The Grocery Supply Chain of the Future – Part 3 of 4

BlueYonder

A shift to proximity shopping, increased focus on fresh and wellness, increasing levels of prepared foods and snacks and the rise of e-commerce in grocery are fueling a transition state with supply chain as a critical element in defining the leaders of the industry in the years to come. Changes to Supply Chain Models. Likely, this request could include fulfillment from multiple sources, including selection of dry goods from a DC or perishables direct from the store.

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How to Mitigate Risk in Demand Driven Supply Chains

Logistics Bureau

While the development of a wholly demand driven supply chain (DDSC) might not be for every enterprise, there is no doubt that many can benefit from such as strategy. This is strange in a way, because risk is inherent in every supply chain strategy, yet if enterprises were not capable of overcoming, or at least mitigating them , there would be no enterprise. Demand driven supply chains must indeed react to some extent, but not indiscriminately so.

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The Grocery Supply Chain of the Future – Part 3 of 4

BlueYonder

A shift to proximity shopping, increased focus on fresh and wellness, increasing levels of prepared foods and snacks and the rise of e-commerce in grocery are fueling a transition state with supply chain as a critical element in defining the leaders of the industry in the years to come. Changes to Supply Chain Models. Likely, this request could include fulfillment from multiple sources, including selection of dry goods from a DC or perishables direct from the store.

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