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Five Things I Have Learned About Global Supply Chain Planning

Supply Chain Shaman

Regional supply chain companies are attempting to define global requirements. They are well versed in requirements for regional supply chain planning, but they are attempting to redefine their processes and be more global. Initially companies believe regional planning systems easily adapt to become global, but they quickly learn otherwise and hit roadblocks. Success in Supply Chain Planning Is a Flip of a Coin. 4) Plan By Design.

Digital Transformation of Supply Chain Planning at SKF

ToolsGroup

Jörg Schlager describing SKF's Integrated Planning (Source: Optilon). At last week’s TG18 ToolsGroup user event , global bearing manufacturer SKF laid out an impressive review of their transformation to “ Integrated Planning ”. The company is moving from location-based planning to a global planning model, including a complete revamp of its supply chain planning operations to processes organized by product and factory. Inventory planning was local.

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Using Digital Supply Chain Planning to Respond to Market-Changing Disruptions like COVID-19

ToolsGroup

With supply chain planning software you can automate the achievement of service levels, even under changing constraints resulting from major disruptions. As COVID-19 continues its malevolent spread around the world, concerns grow regarding the continued impact on supply chains and business continuity. Commonly companies will use a “firefighting” response in times of supply chain disruption in order to meet service levels.

Has Driverless Supply Chain Planning Already Arrived?

ToolsGroup

There has been a lot of news about driverless cars, and at the Supply Chain Insights Global Summit there was also some news about “driverless” supply chain planning when two companies described supply chain planning with almost no human intervention. More on this later, but to start, by driverless (whether referring to vehicles or supply chain planning) I don’t mean completely no touch at all times.

Supply Chain Planning is Essential for Ending Up in the Right Place

Enterra Insights

” Both these sentiments underscore the importance of planning. This is no less true for supply chain operations than it is in any other of life’s activities. Historically, planning draws heavily on past patterns of behavior. ”[1] Bolstering his argument, he cites a conference presentation given by Francesca Gamboni, a Senior Vice President for supply chain at Groupe PSA. ” Cognitive technologies and supply chain planning.

Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

September 26, 2019) A new study by ToolsGroup, a global leader in supply chain planning software, and Spinnaker, a supply chain services company, has found that only 7% of companies are reaping the benefits of digital transformation of supply chain planning. Drivers of supply chain planning digitization vary significantly by company, with 42% identifying increased operational efficiencies (e.g. PRESS RELEASE.

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Marketing Supply Chain Solutions Post-COVID: Q&A with ToolsGroup CMO Caroline Proctor

ToolsGroup

There’s still a strong demand for supply chain planning solutions, particularly ones with machine learning capabilities that can help clients rapidly adapt to the changing supplier situations and consumer demand that goes along with major disruptions like this. .

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

Supply Chain Shaman

At that time, they planned on spreadsheets. 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. The cost was 60% more in than average; but even more unfortunate, they never got a good understanding of how to use the planning system. Table 1: Characteristics of a Mature Planning Organization. Tactical Supply. Procurement.

Market Beat. Four Thumbs Down and One Thumb Up.

Supply Chain Shaman

Today, supply chain excellence matters more than ever. During the pandemic, the supply chain discussions take new importance. While the supply chain technology market lost its allure at the start of the last decade, it is now cool again.

Supply Chain Planning for the Busy Holiday Season

AFFLINK

Many businesses make the majority of their sales during the holiday season, which is a perfect time to get ahead of managing their supply chains. A sharp spike in any supply chain can lead to disruption, and if a business hasn't planned ahead, they could suffer a potential loss in sales, as the economy as a whole will be churning much faster. The Major Challenges to Holiday Supply Chain Management. Improve Your Supply Chain Visibility.

Recognizing Culture at the 2020 Atlanta Supply Chain Awards

Demand Solutions

But what if I told you that establishing supply chain planning and procurement processes also helps your company's culture, would you believe me? This past March, Tim Carroll, Product Availability Team Captain at AutomationDirect, was presented the 2020 World-Class Culture Award at the Atlanta Supply Chain Awards (ASCA). Tim was recognized for his exceptional leadership of the supply chain planning and procurement processes teams.

The Links between Product Lifecycle and Supply Chain Management

Logistics Viewpoints

I wrote a Logistics Viewpoints article in October that discussed how Diageo has transformed its supply chain from a cost savings function to an enabler of growth-driving innovation. This case discussed how supply chain was elevated to a strategic level due to its critical role in executing new product introductions. Procurement/Sourcing Production Supply Chain Planning

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.

Big data and supply chain optimization: Illusion vs. reality

DELMIA Quintiq

In the last three to five years, something has changed in conversations about supply chains and logistics. Assuming that big data was superior to “just any data” came from evidence in the B2C market, but this did not stop bold predictions about how it could also transform supply chain operation. And so, the floodgates were thrown wide open and every supply chain software company started pitching itself as a “big data” supply chain software company.

Should I Consider Outsourcing Supply Chain Processes?

ToolsGroup

If your New Year’s resolution is to lose some weight, consider outsourcing supply chain processes. Now companies have started outsourcing supply chain business processes like planning, direct procurement, order management, inventory optimisation and reverse logistics. Dealing with supply chain planning issues can be deadly. This leads to immense pressure on your supply chain. Supply Chain Planning

5 Drivers of the Digital Supply Chain in Manufacturing

ThroughPut

According to recent studies , in the absence of a solid digital supply chain infrastructure, manufacturers can expect up to 44% supply chain complexity and inefficiencies, which can create growth barriers. What is Digital Supply Chain in Manufacturing?

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Using Satellite Imagery as a Data Source to Improve Supply Chain Management

Logistics Viewpoints

Satellite imagery data represents another data set that may have the potential to improve company’s supply chains. There are potential uses surrounding procurement, sustainability, and strategic planning. The post Using Satellite Imagery as a Data Source to Improve Supply Chain Management appeared first on Logistics Viewpoints. Supply Chain Planning Satellite imagery

How digitalization ensures survival in physical retail

DELMIA Quintiq

It’s easy to see why: digital economy has changed the rules in supply and demand. The solution can be linked to all existing systems, enabling real-time, integrated and flexible supply chain management. The powerful combination of dynamic planning and advanced analytics allows retailers to rely on accurate forecasts and recognize customer trends at an early stage. It’s possible with intelligent planning of your logistics and workforce deployment.

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Big Opportunity for Logistics Providers? Supply planning and inbound services….

The Network Effect

Note: This is a series of posts exploring how logistics service providers can offer their customers solutions that go beyond traditional logistics processes. So far, we’ve covered order promising and delivery , replenishment planning and distribution services , supply chain benchmarking , orchestration , and harmonization. . The new technology architecture supports the entire procure-to-pay process in a multi-party, multi-echelon network.

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.

How to Get a Job in the Supply Chain Sector

Logistics Bureau

So, you are thinking about a career in supply chain? While this article is intended as an evergreen resource, to help you navigate in your search for a supply chain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality.

Straight Talk With Supply Chain Insights

Supply Chain Insights

In the past year we’ve published 32 reports; but this past February, we heard from a Supply Chain Leader that loved our reports and said , “It would be great to hear the research in a podcast format to enable quick sound bytes for my morning runs.” We love this type of feedback. So, as you are traveling this summer, listen to Straight Talk With Supply Chain Insights. This morning, I interviewed Daniel Weber, SVP of Supply Chain at Beiersdorf .

Collaboration in supply chain management is key

Kinaxis

by John Westerveld When scrolling through my news feed Friday, I found this article from SCN : “ Collaboration Key in Creating Competitive Advantages Through Supply Chains “ The article describes research recently published by the University of Tennessee, Knoxville’s Global Supply Chain Institute. There were some interesting ideas that came out of this study, like how collaboration in supply chain management is key to success.

Accelerate your Supply Chain Management at Oracle OpenWorld 2019

Oracle SCM

Starting today, leaders of finance, operations, supply chain, human resources, marketing, and IT from around the globe are coming together at Oracle OpenWorld 2019. As a supply chain professional, OOW19 is the perfect occasion to adopt best practices, hear of the latest transformative technologies of today, and learn how businesses like yours can leverage this innovation for the future. Unlock New Opportunities in End-to-End Integrated Logistics with IoT and Analytics.

The Three “Habits” for Successful IoT Implementations

ToolsGroup

In Lora Cecere’s Supply Chain 2020 study, the Internet of Things (IoT) was considered one of two disruptive technologies with the greatest potential impact on supply chain effectiveness, above technologies such as 3D printing and robotics. The key technology enabler was an IoT-based supply chain planning system that used POS data, telemetry and rapid re-planning to enable an entirely new approach to logistics and replenishment.

What Kind of Visibility Into Your Supply Chain Do You Really Need, and How Do You Get It?

Oracle SCM

Cushing has been an invited blogger at conferences sponsored by CFO Magazine and Supply Chain Insights and writes regularly for RKL eSolutions and more. His expertise includes demand-driven supply chain consulting, Theory of Constraints consulting, technology selection and implementation consulting, and business improvement and change management. What are the biggest changes to supply chain management in the past 30 to 35 years?

Preparing Your Business for the Digital Supply Chain

Oracle SCM

By Mike Mortson , CEO, Supply Chain Game Changer. Supply chain professionals are hiking their spending on supply chain innovation—substantially. Ninety-five percent said they plan to spend more this year than last, and 60 percent will spend more than $1 million over the next two years on disruptive technologies such as robotics, automation, predictive analytics, artificial intelligence, and the Internet of Things (IoT).

Strong Supply Chains Required For an Economic Rebound: Six Steps To Take

Supply Chain Shaman

My last post on the Supply Chain Shaman blog was forty-five days ago. Then it was the redefinition of the supply chain for the global shutdowns Sick with the virus; I spent my energies writing and moderating podcasts. I firmly believe that the rebound of the economy requires strong supply chains, but to make this happen, we need to turn our backs on historic practices and innovate new ways of working. Let’s learn and apply it to supply chain management.

Efficient Financing Options Help Enhance Factory Standards in Emerging Markets

Logistics Viewpoints

The financial supply chain needs more attention than it usually gets. Traditionally, the focus of supply chain management is on the movement of finished goods and raw materials across the value chain. The post Efficient Financing Options Help Enhance Factory Standards in Emerging Markets appeared first on Logistics Viewpoints: A Blog for Logistics, Supply Chain, and 3PL Executives.

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European Supply Chain & Logistics Summit 2015

Supply Chain Movement

European Supply Chain & Logistics Summit 2015. RESHAPING THE SUPPLY CHAIN OF TOMORROW. The European Supply Chain and Logistics Summit is Europe’s most established supply chain and logistics summit. Quite simply, this is the must-attend event for senior Supply Chain and Logistics professionals. How to ensure and enforce transparency across the supply chain.

Supply Chain Movement 17 – S&OP

Supply Chain Movement

Contents Supply Chain Movement 17 – 2015 Q2. – Launch of Supply Chain Professionals Club in Turkey. – Supply chain disruption reported as the fastest rising threat. 12 | Supply Chain Journey: demand driven on command. By Lora Cecere, Supply Chain Insights. Now that the European economy is strengthening, a growing number of supply chain software vendors are turning their attention to Europe.

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Transforming your supply chain: What experts said at Quintiq World Tour Singapore 2015

DELMIA Quintiq

What happens when you ask four experts for their thoughts on supply chain transformation? And this is what they shared: How would you define supply chain transformation? Travis Wong (Regional Logistics Director, Baker Hughes): Having gone through different supply chain management strategies, I’d say it boils down to three elements: Supply, demand and product. Can supply chain transformation happen without technology?

The Future of Supply Chain Management

Kinaxis

Fresh out of Supply Chain Talent. There’s no time like the present to talk about the future of supply chain management. That was the perfect lead-in for a great Supply Chain Insights webinar I attended recently – Journey to Supply Chain 2030. But here’s the thing about supply chains: Today’s supply chains are the result of what we’ve done in the past; tomorrow’s supply chain will be the result of what we’re doing today.

How a Collaborative Logistics Platform Mitigates Supply Chain Disruption

Turvo

The value of a collaborative logistics platform implementation is quite clear. Collaborative logistics affords an opportunity for businesses to unlock more resilience and flexibility in their supply chains.

Supply Chain Talk: 5 Fundamentals for Building a Collaborative Supply Chain

Arkieva

In this week’s Supply Chain Talk , Arkieva CEO, Harpal Singh discusses the key fundamental building blocks for creating a collaborative supply chain. Talks of creating a supply chain have slowly transformed into a catchphrase that’s often touted at Supply chain conferences and lengthy S&OP meetings. Implementing a collaborative supply chain involves a continuous refinement and organizational commitment that’s sometimes not adhered.