Supply Chain Transformation in the Digital Age

Enterra Insights

Company executives are increasingly aware of the importance of supply chains in making companies successful. A couple of years ago, however, a McKinsey study concluded companies weren’t investing enough in supply chain transformation technologies. Only 2% of companies are applying digital strategies to the supply chain.”[1] Technology and supply chain transformation. … Supply chain managers can’t stand still.

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.’

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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.

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.

How BT is Building a Connected Supply Chain Amidst Ongoing Transformation

AIMMS

Behind the scenes, BT Supply Chain has been the backbone of the company’s operations for 30 years, making sure customers get the best experience. The supply chain division fulfills 40,000 individual customer orders every day, making sure that 32,000 engineers get the tools, parts and equipment they need to deliver support and services. In recent years, BT Supply Chain underwent a transformation to provide its services to businesses using the company’s existing network.

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.

ABB’s Daniel Helmig: “We are moving to virtual centres of expertise”

Supply Chain Movement

this is a huge company-wide transformation that will put more focus on its customer offering as it aims to become leaner, faster and more agile. Daniel Helmig, head of ABB’s Supply Chain management, is currently busy implementing supply chain transformation throughout the company’s 450 plants and many project sites as the company consolidates back end processes and establishes ten global transportation management centres. “It

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 ).

European Supply Chain Directors Forum 2016

Supply Chain Movement

European Supply Chain Directors Forum. European Supply Chain Directors Forum brings together 100 members from the manucoreCONNECT community for two active days of debate, interaction, networking and thought leadership. Our members will focus on the latest trends in Supply Chain and debate the most up to date innovations available to the industry. Our members include: VPs/Directors/Group Heads in: Supply Chain. Logistics. Sourcing.

Innovating Spare Parts Logistics

Logistics Trends and Insights

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 3D printing provides a number of benefits to the supply chain including lower transportation and inventory costs.

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 3D printing provides a number of benefits to the supply chain including lower transportation and inventory costs.

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. Supply chain transformation projects built on SAP S/4HANA.

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

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. Discuss the latest trends and solutions across the supply chain management landscape.

Major Influences on Supply Chains for 2019

Talking Logistics

One of the things that defines supply chain management today is the rapid pace of change across all dimensions — competitive landscape, regulations, technology, and many more. That’s why I was pleased to discuss some of the most critical trends with industry veteran Doug Surrett, Chief Product Strategist at BluJay Solutions , in a recent episode of Talking Logistics. Last-mile logistics.

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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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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.

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.

Supply Chain Leaders Prepare For The Long Haul. Caution: It Will Be Gray.

Supply Chain Shaman

Supply chains were ill-prepared for the pandemic. The design of the global supply chain at the start of the pandemic assumed frictionless borders, availability of transportation resources, and supply with few constraints. Supply chain management as a discipline—a set of flows combining the processes of source, make and deliver together to drive value– is relatively new. Supply chain processes depend on navigating the world o f gray.

Digital Supply Chain: Are You Transformation Ready?

Talking Logistics

If you Google “digital transformation,” you get over 60 million hits—and a few million of those are related to supply chain management. It’s a journey many people and companies are talking about today, but what exactly does “digital supply chain transformation” mean? To get some insights on this topic, I spoke with Adam Compain, CEO of ClearMetal on a recent episode of Talking Logistics. What is Digital Supply Chain Transformation?

Digital Twinning of Supply Chains!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! This Digital Twinning of Supply Chains article focuses on transformative ideation of transport & logistics value chains.

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?

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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How We’re Building the Supply Chain of the Future with Customers

TMC

Globalization is rapidly adding complexity to the supply chain, changing needs of shippers around the world. Supply chain professionals are under pressure to produce more results with less resources. One of the many ways we do this is by hosting a two-day Customer Forum, where our customers and experts from around the globe come together to facilitate discussions on challenges, trends, and opportunities facing supply chains.

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.

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. LTL rates seen zooming in excess of 5 percent this year (Logistics Management). Bringg raises $12 million for its delivery logistics platform (VentureBeat). Suffer from poor supply chain visibility?

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. Source ID. In fact, BMW has adopted any number of digital production technologies, such as data analytics, smart logistics and 3D printing. Source ID. Source ID.

Digital supply chains, AI, Blockchain and the future of work – Insights from the Gartner supply chain executive conference

Kinaxis

by Dr. Madhav Durbha The 2017 Gartner supply chain executive conference took place at the O2-Intercontinental Hotel in London on September 20 th and 21 st. The theme of the conference was ACT (Aspire, Challenge, Transform), same as the Gartner supply chain summit in Phoenix during May of this year. Based on how Schneider plans, delivers and executes, the following five supply chain models were defined: a.

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. ” The path to digital transformation. “Algorithms are the heart and brains of the Digital Supply Chain,” he writes.

SCM 100

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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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!

The Data Needed to Transform Supply Chains

Talking Logistics

Last fall after attending the CSCMP conference in Atlanta, I shared my observation that digital transformation is now a central theme in the industry. There was optimism and excitement, but the stories of transformative success were few and far between. Why had transformation initiatives fallen short? And how could a company succeed in digitally transforming? Transform Into What? Supply Chain Analytics Maturity Model (Source: Hackett Group).

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