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Wanted: Supply Chain Architects!

Supply Chain Shaman

Manufacturing is the foundation of my interest in supply chain management. Supply Chain and Design. This was the beginning of my journey from manufacturing to understanding larger supply chain concepts. I knew nothing about the world of logistics, inventory management and order optimization. Much to my chagrin, when I entered into the world of supply chain, the processes of source, make and deliver were usually not designed.

3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

Cerasis

The average Supply Chain management professional measures their Supply Chain by reviewing cost reduction. Is cost reduction all that there is in measuring Supply Chain performance? Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction.

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Public Markets Reward Supply Chain Alignment

Supply Chain Shaman

Today, I am proud to launch the Supply Chain Index. It is my hope that the readers of this blog will take time to either join us today to listen to the launch of the Supply Chain Index on our webinar or listen to the replay. (We The Supply Chain Index has been two years in the making. As I sat at my kitchen table, I reviewed spreadsheet after spreadsheet of corporate performance data on supply chain financial ratios.

Supply Chain: The True Game of Risk

Supply Chain Shaman

For the supply chain leader it is not a game… The stake is business continuity. Gamers do well in the world of supply chain. Designing value networks and managing what-if conditions is fundamental to managing supply chain risks. The move from global to regional supply chains increased risks. Geopolitical shifts, economic uncertainty and demand/supply volatility are rising. In my life time, supply chains changed.

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.

Supply Chains to Admire: 2016 Results

Supply Chain Shaman

This morning, we announced the Supply Chains to Admire Winners and Finalists for 2016. Selfishly, we need standard for our research, but we also want to help supply chain leaders gain new insights from a deep data-driven analysis. There is no agreed standard for supply chain excellence. The Supply Chains to Admire analysis is now in its third year. The source data for the analysis is public reporting of balance sheets and income statements.

Digital transformation in the life sciences supply chain – show me the data

Kinaxis

by Bill DuBois The life sciences supply chain starts with a miracle. Everything we talk about in supply chain starts with discovering that product you can market and sell. Although getting a new drug to market has its unique challenges compared to the source, make and deliver part of the life sciences supply chain equation, there is one thing those of us in supply chain have in common with our R&D counterparts, we all need clean data.

Transportation Sourcing in an Omni-channel World

Talking Logistics

Omni-channel is transforming retail transportation’s supply chain and logistics processes. Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. Also, is multi-functional engagement important and, how does omni-channel impact transportation sourcing?

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. Supply Chains to Admire Finalists.

How Many Slaves Are in Your Supply Chain?

Talking Logistics

The collapse of the garment factory in Bangladesh last week , which killed at least 705 workers and injured thousands of others, has put a spotlight on a problem that plagues many supply chains: the use of slave labor. In response, federal and state governments are taking action to drive down the use of slave labor in supply chains. California, for example, passed the California Transparency in Supply Chains Act of 2010 , which went into effect in January 2012.

Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process

Cerasis

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ).

The changing role of IT organizations in supply chain management

Kinaxis

As I was reading the book, I couldn’t help but reflect on my own experience of working with IT organizations over the last two decades I have been in the supply chain business. I will lean on the Supply Chain Planning space as an example and relate to the broader shifts in the role of IT in supply chain management. As the market valuation of these supply chain planning pioneers skyrocketed, the inevitable happened.

Effectively Manage Foodservice Supply Chains During Disruptions

CH Robinson Transportfolio

Improving supply chain processes can be a strategic way to free up time to focus on the most important aspect of the restaurant business—happy customers. Key to this opportunity is working with a credible, aligned outsource supply chain provider.

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.

Suuchi Ramesh on Supply Chain Platforms

Requis

Software engineer and supply chain analytics expert Suuchi Ramesh is the founder and CEO of Suuchi Inc. , an end-to-end B2B supply chain platform. The Suuchi GRID supplier network has seen wide adoption in several industries, notably fashion and medical supplies and PPE.

Technology and the Supply Chain: What Does the Future Hold?

Kinaxis

So what does my nostalgic look back at my childhood have to do with the future of supply chains? And all of them, once they reach critical mass in the marketplace, will have a staggering impact on the future of supply chain. The WEF report focuses on five shifts that will directly influence supply chain. According to WEF, in the next five years, we’ll see 30 billion Internet-connect physical devices, which will considerably impact supply chain operations.

Supply Chain Visibility: A Precursor to Insight and Optimization

Talking Logistics

As digitization continues to modify the global supply chain landscape, its unprecedented data sources and solutions will lead to not only the demise of disparate information systems, but to the rise of true, end-to-end, supply chain visibility. For suppliers and mid- to large-sized companies, supply chain visibility serves as the foundation for strategic decisions and tactical improvements across the entire transportation network.

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. The challenges can be multi-faceted: High logistical costs.

Defining Your Own Logistics Competitive Weapon

Talking Logistics

For a long time, C-level executives viewed supply chain management, especially the logistics function, as a cost center. As a result, cutting and controlling costs became the top priority for supply chain executives. Today, however, cost management is a given — it’s what every supply chain executive is expected to do. Source: “Tech in Asia” – https://www.techinasia.com.

The Case for Less Silos, More Intelligence in Supply Chain Management

Talking Logistics

Break down your supply chain functional silos. Analysts, consultants, and others have been telling companies to break down their supply chain functional silos for as long as I’ve been in the business, yet those silos still remain tall and strong at many companies. Source: “The Case for Less Silos, More Intelligence in Supply Chain Management,” webcast presentation by Adrian Gonzalez, Adelante SCM.

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Supply Chains to Admire – 2016 Results

Supply Chain Insights

This morning we announced the Supply Chains to Admire Winners and Finalists for 2016. Selfishly, we need a standard for our research, but we also want to help supply chain leaders gain new insights from a deep data-driven analysis. There is no agreed-upon standard for supply chain excellence. The Supply Chains to Admire analysis is now in its third year. Supply Chains to Admire Methodology. Supply chain excellence

The Elegance of the Costco Supply Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! I started thinking about the Costco Supply Chain. At its core the Costco business structure is a great example of a lot of Supply Chain principles implemented with great efficiency. What is it that makes Costco’s Supply Chain so effective? This is a massive source of efficiency.

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Supply Chain Management Services

LeanCor

3 Tips in Choosing Supply Chain Management Services. When sourcing supply chain management services, think about the provider’s approach to people and processes. When a provider is well rounded in its supply chain management services, you’re able to benefit by: • The value and wealth of efficient opportunities in your supply chain. Focus on total logistics cost reduction (transportation, warehousing, and inventory).

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How to Use Big Data to Improve Supply Chain Visibility

Talking Logistics

According to a July 2014 supply chain research study from Accenture focused on Big Data and supply chain risk management, most organizations have high hopes for using big data analytics in their supply chain but many have had challenges in deploying it. Let’s explore some of the technology changes that organizations should consider as they align their corporate goals and objectives to utilize big data to improve their end-to-end supply chain visibility.

A Better Approach to Supply Chain Segmentation?

ToolsGroup

Most companies segment their supply chain by breaking it down according to operational and logistical metrics. But there is another way to segment supply chains that begins with the customer. Gartner research director Jennifer Loveland calls it end-to-end segmentation, where you determine first what your customers want, then create end-to-end models—from sales through sourcing, delivery, and customer service—to serve them.

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains.

The Magic Bullet for Real-Time Supply Chain Collaboration? Cloud Visibility.

synchrono

Jessica Twentyman reported in the Financial Times , that for many manufacturers, supply chain collaboration is stuck in the dark ages. When it comes to ordering materials and components, managing inventory levels, or organizing the delivery of finished goods to customers, companies are forced continually to chase business partners – mostly suppliers, logistics companies, and retailers – via a messy stream of emails, phone calls, and even faxes.

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Getting that “Swing” in Supply Chain Management

Talking Logistics

Author’s Note: Below is an excerpt from Moving Up the Supply Chain Maturity Curve: The Process Industry Executive Agenda for 2016 and Beyond , a white paper recently published by Elemica with research conducted by Adelante SCM. Although the research focused on the process industry, the content and recommendations we make apply to companies across all industries that want to make their supply chains more flexible and responsive. Which metrics are the right ones?

The “Rights” and “Mores” of Supply Chain Execution

Talking Logistics

Whether you’re talking about the Amazon Effect and the rapid growth of e-commerce, the changing global trade management landscape, or what’s happening on the technology front, it’s clear that the rules for success in supply chain management are changing. Those are some of the questions I posed to Gary Barraco, Director of Global Product Marketing at Amber Road , in a recent episode of Talking Logistics. The Six “Rights” of Supply Chain Execution.

Using Data to Improve Supply Chain Operations

Material Handling and Logistics

Learn how to organize your data operations in alignment with supply chain strategy. Forward-thinking supply chain professionals are looking to advanced technologies to streamline processes, improve accuracy, accelerate delivery and reduce costs. Cloud-based supply chain management tools, the Internet of Things (IoT), artificial intelligence (AI) and machine learning are expected to figure prominently in future supply chain operations.

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Supply Chain Talent: Insights from CSCMP Annual Conference

Talking Logistics

“The biggest mistake companies make as they’re growing is leaving supply chain management and human resources behind.”. Howard Schultz, the CEO of Starbucks, shared that insight during his keynote address at last week’s Council of Supply Chain Management Professionals (CSCMP) Annual Conference. His point was that you need great people and a world-class supply chain to effectively grow a company, but many companies underinvest in those areas until it becomes an issue.

How Do You Define a Mature Supply Chain Planning Organization? (Part 1)

Supply Chain Shaman

Their goals were lofty, but their understanding of supply chain planning was hazy. In 2006, they made a decision to implement a supply chain planning solution. Tactical Supply. Integration of corporate social responsibility metrics in planning. Comprehensive view of source, make and deliver. Supply Chain Design. Ad hoc design planning often focused on a function of the supply chain. Supply Chain Planning Data.

How to Sustain a Lean Culture in Manufacturing & Supply Chain

Cerasis

These metrics would, of course, be aligned and are updated every hour. The metrics are also manual as automatic metric systems cannot retrieve the information at an hourly frequency as these metrics are process inputs and not outputs. Next, you would have management supporting this effort during their daily Gemba walk, reviewing these hourly metrics. Specific metrics: process metrics and outcome metrics.

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Top 5 Trends to Know to Compete with Amazon’s Supply Chain

Cerasis

Aside from the new administration, Amazon’s supply chain continued push deeper into new and existing markets will define additional trends in the supply chain throughout the coming year. While supply chain entities struggle to stay competitive with the e-commerce giant, more organizations will look for ways to eliminate inefficiencies and boost operations. Top 5 Trends to Know to Compete with Amazon’s Supply Chain. Supply Chain

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The Coming Age of Cognitive Supply Chains

Enterra Insights

Supply chain operations are no exception. Analysts at Sprint Logistics note, “Technological advancements like the Internet of Things (IoT) and Artificial Intelligence (AI) are transforming the way we live and work, and traditional supply chains are not exempt from the digital revolution.”[2] ” They believe traditional supply chains need to transform into cognitive supply chains. Everyone has a supply chain.