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Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list. This complexity is occurring in many forms.

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Off to another exciting year of student-industry engagement at NC State on cutting-edge supply chain projects

NC State SCRC

In a prior post on 2018 supply chain predictions, I shared how NC State’s Poole College of Management engages directly with industry through student-led projects. The students will review and document the current geography allocation process for Surplus/excess, Overage and Unconsumed Purchase parts inventory (SOUP).

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Podcast: Rob Handfield on Suppliers, Data, Tech, and Talent

Requis

He is a consultant to Fortune 500 companies and US federal agencies, and a speaker with focus on the fields of strategic sourcing, supply market intelligence, and supplier development. In the 1990s, purchasing managers were focusing on how to beat up their suppliers in order to buy cheaper. Analytics is key.

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5 Supply Chain Collaboration Essentials to Mitigate Disruptions

Logistics Viewpoints

Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. Such a gap is problematic, as it could lead to higher costs, longer cycle times and less resilience.

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5 Lessons from the Desert for the Future of Supply Chain Resiliency

Logistics Viewpoints

The future of supply chain includes a return to dual-sourcing and other practices of redundancy to mitigate risk, but buffers don’t have to explode. But more importantly, they increase resilience by mitigating the risks from climate change, which the McKinsey Global Institute predicts will be more significant than the pandemic.

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How to implement a supply chain management system

Unleashed

Industry leaders predict that in the coming years, more businesses will adopt fully integrated, digitized solutions in order to streamline their activity and secure a competitive advantage. . It’s a combination that provides real-time inventory tracking, from purchase to warehousing through to the sale and delivery of products.

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Supply Chain Disruption and Digitization

Enterra Insights

They include: Real-time Big Data and advanced analytics; mobility; the Internet of Things (IoT); social media; additive manufacturing (aka 3D printing); and drones/autonomous vehicles. Real-time Big Data and advanced analytics. ” Additive manufacturing/3D printing. Big Data is now a fact of life.