Time to Survive and Nexus Supplier Index: New Measures of Supply Chain Risk Management

Talking Logistics

Over the past two years, I’ve written extensively about the growing importance of supply chain risk management and supply chain mapping. See for example: Rethinking Supply Chain Risk Management. Doing Nothing on Supply Chain Risk Management. Do You Have a “Top 25″ Supply Chain? Why Supply Chain Mapping Matters. Many Companies Falling Short on Supply Chain Risk Management.

CSR Is A Core Component of Supply Chain Risk Management In Procurement

EcoVadis

Now more than ever, risk management is a vital part of the procurement function, and hence the CPO’s responsibilities. One main reason is because supply chains are growing longer and are getting more complex. Thus, the likelihood of supply chain disruptions has increased. What are the potential costs of failure for your company when it comes to supply chain risks? Look Across The Supply Chain.

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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.

Your supply chain is costing you money – Reason #9: Relentless pursuit of one metric at the expense of other metrics.

Kinaxis

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #3 Not having end-to-end supply chain visibility. Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #5 Not having a supply chain risk management process. Reason #6 Not effectively managing inventory. by John Westerveld.

Know sooner, act faster and accelerate your supply chain performance!

Kinaxis

by John Westerveld When things happen in supply chain, knowing sooner and acting faster can mean the difference between a major catastrophe and a minor hiccup in your supply chain performance. Imagine this scenario; you are a supply chain executive for a major U.S.-based based electronics manufacturer. There has been a major earthquake in Chengdu, China… where several of your key items are manufactured.

5 New Year’s Resolutions for Supply Chain & Logistics Executives

Talking Logistics

If you’re a supply chain or logistics executive and you’re looking for ways to improve as a leader this year, here are my five recommendations: 1. Ask “What are the risks?”more Supply chain management is risky business — and the risks are growing every day. Simply put, many companies are still falling short on supply chain risk management , and they continue to pay the price.

Sorry, I’m Not Sure: Supply Chain and Logistics Predictions for 2018

Talking Logistics

I will be wrong again,” I stated last year before making my supply chain and logistics predictions for 2017 , and I was right. But I was right with some of my other predictions, especially my prediction that we would see a rise in cyber attacks in 2017, with supply chain and logistics operations becoming new targets. It echoed the title of my September 2016 post, “ The Day a Cyber Attack Brings the World’s Supply Chains to a Halt.”. Source: Evan, Flikr.

Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection

Kinaxis

by Dr. Madhav Durbha Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection. However, many ports are not allowing these ships to dock due to the risk of creditors seizing the ships. Such risks are on the rise. Lead times are in weeks and months in cases where manufacturing is outsourced to firms on the other side of the earth. To understand the geopolitical risks, all you need to do is to turn on network news.

At the Starting Line: New Year’s Resolutions for Supply Chain and Logistics Executives

Talking Logistics

We’ve made our predictions , but it’s the unexpected that makes supply chain management so exciting and demanding. Did you come up with any New Year’s resolutions to improve as a supply chain and logistics leader this year? From “5 New Year’s Resolutions for Supply Chain & Logistics Executives” originally published on January 14, 2014: 1. Ask “What are the risks?”more And the first step is asking “What are the risks?”

Your supply chain is costing you money – Reason #10 Failure to adequately train your supply chain planning staff

Kinaxis

by John Westerveld Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #3 Not having end-to-end supply chain visibility. Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #5 Not having a supply chain risk management process. Reason #6 Not effectively managing inventory.

Talking Logistics YOUniversity: Our First Course

Talking Logistics

Talking Logistics was launched as a live, online video talk show focused on supply chain and logistics topics. A year after launching, however, a supply chain executive said to me, “ Talking Logistics is like an online Executive MBA course, with live lectures and guest speakers every week discussing timely and important topics.” Transportation Management. Warehouse Management. Global Trade Management. Supply Chain Planning.

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Your supply chain is costing you money – Reason #8: Keeping supply chain information in silos (and preventing your users from making the best decisions)

Kinaxis

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #3 Not having end-to-end supply chain visibility. Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #5 Not having a supply chain risk management process. Reason #6 Not effectively managing inventory. by John Westerveld.

What Supply Chain Risks are Threatening Your Company?

Enterra Insights

Common sense alone tells you automobile manufacturers face different risks than cosmetics manufacturers. So it comes as no surprise a joint report published by the Cranfield School of Management and Dun & Bradstreet concludes, “There are significant differences across sectors, requiring varying risk management practices across industries.”[1] The bottom line is you must know your business and identify which risks matter most to you.

5 Key Factors in Choosing a Supplier CSR Monitoring Solution

EcoVadis

It is no secret that modern supply chains are increasingly exposed to risks that can result in increased operational costs, large losses, and long term damage to your corporate reputation. Predictable risks are still causing significant losses on a daily basis. Many organizations are losing millions, and in some Global 3000 cases, billions of dollars a year due to ineffective supply chain risk management and monitoring.

Post-Pandemic Impermanence and 6 Actions to Take Now!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! For supply chain professionals, supply chains and our underlying assumptions will certainly need to adapt. In many critical supply areas, such as biopharma, the now famous PPE, and high technology medical devices, not just calls, but screams for re-examining supply lines and explicitly, our reliance on China. Manufacturing.

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Good Safety is Good Business at the LogiChem 2015 Conference

CH Robinson Transportfolio

I always come back from these conferences inspired and fascinated at how diligent chemical supply chain managers must be to mitigate risk and adverse events. At LogiChem, attendees interacted through roundtables and panel discussions on topics that identified best practices around inventory and supply chain metrics, third party logistics provider (3PL) management, rail logistics strategy to combat the driver shortage dilemma, and a host of other topics.

Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

Professionals in supply chain management use various methods to identify best practices to improve the operations. Analysis of case study is certainly one of the most popular methods for people from business management background. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

Seasoned Leadership in Action? ? An Interview with Joe Carson, CEO Spend Strategies, LLC!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “ Seasoned Leadership in Action ™” Interview series at Supply Chain Game Changer. As an experienced business professional, he has served in diverse roles ranging from Marketing and Strategy, to Procurement and Supply Chain.

SCRC Meeting – Tom Linton’s “Supply Chain Eight” and Golden Winged Warblers : Questions Every New CSCO Should Ask Their CEO

NC State SCRC

Our 40 th Bi-Annual Supply Chain Resource Cooperative meeting was a great success, culminating with the student gallery walk, featuring 27 undergraduate and MBA supply chain projects. I kicked off the meeting with an overview of the current dilemma facing supply chain executives, given the uncertainties of tariffs with China, Brexit in the UK, and the disturbances in Hong Kong and the Middle East that create a path with many risks in every direction.

Take Control of Visibility into Your Supply Chain

Material Handling & Logistics

Supply chain visibility starts with the right control tower architecture. After all, how can you run a supply chain without it? Changes in demand, late shipments, quality issues, point of sale, weather patterns, production schedules and projected inventory positions are just some of the myriad of things you want to be able to see so you can make better and more informed decisions as a supply chain executive.

The Importance of Supply Chain Resilience

Enterra Insights

You’re probably sick (no pun intended) of reading articles about the Covid-19 pandemic and how it has shocked the international economy and stressed global supply chains. Disruptions caused by the pandemic revealed just how brittle some supply chains can be. businesses have experienced supply chain disruption as a result of the COVID-19 outbreak, according to a survey by the Institute for Supply Management (ISM). supply chains.”[2]

New online insight hub revealed to increase intelligence resources for supply chain decision makers

EFT

The acquisition combines Reuters’ globally trusted news brand, scale and editorial excellence with eft’s deep expertise in highly specialized events and content production for key decision makers right across the supply chain industry. What role does eft play in the supply chain market and what business intelligence does it provide? In short, eft provides business insights and analysis to the whole supply chain industry.

Supply Chain Management:Instance Consolidation Strategy

Infosys Supply Chain Management

Industrial Manufacturing. Management Consulting. Application Management. Infrastructure Management. Talent Management. BigDataEdge – Insights Management. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management. Wealth Management. Supply Chain Management. Supply Chain Management. Supply Chain Matters.

Supply Chain Management:Demand Planning in CPG industry.

Infosys Supply Chain Management

Industrial Manufacturing. Management Consulting. Application Management. Infrastructure Management. Talent Management. BigDataEdge – Insights Management. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management. Wealth Management. Supply Chain Management. Supply Chain Management. Supply Chain Matters.

Supply Chain Management:Rapid Innovation will Differentiate the.

Infosys Supply Chain Management

Industrial Manufacturing. Management Consulting. Application Management. Infrastructure Management. Talent Management. BigDataEdge – Insights Management. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management. Wealth Management. Supply Chain Management. Supply Chain Management. Supply Chain Matters.

Supply Chain Management:Smarter Partnering for Smarter Business

Infosys Supply Chain Management

Industrial Manufacturing. Management Consulting. Application Management. Infrastructure Management. Talent Management. BigDataEdge – Insights Management. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management. Wealth Management. Supply Chain Management. Supply Chain Management. Supply Chain Matters.

Supply Chain Management:Supply Chain Visibility: The need.

Infosys Supply Chain Management

Industrial Manufacturing. Management Consulting. Application Management. Infrastructure Management. Talent Management. BigDataEdge – Insights Management. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management. Wealth Management. Supply Chain Management. Most modern Visibility systems term this as Event/Alert Management.

Supply Chain Management:Growing interest in sustainability from.

Infosys Supply Chain Management

Industrial Manufacturing. Management Consulting. Application Management. Infrastructure Management. Talent Management. BigDataEdge – Insights Management. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management. Wealth Management. Supply Chain Management. Supply Chain Management. Supply Chain Matters.

Demand Planning - Practicing the Best Practices - Infosys Blogs

Infosys Supply Chain Management

Industrial Manufacturing. Management Consulting. Application Management. Infrastructure Management. Talent Management. BigDataEdge – Insights Management. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management. Wealth Management. Supply Chain Management. Hence it is not recommended as a single metric to be followed.

Business Process Optimization in Asset Management - Infosys Blogs

Infosys Supply Chain Management

Industrial Manufacturing. Management Consulting. Application Management. Infrastructure Management. Talent Management. BigDataEdge – Insights Management. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management. Wealth Management. Supply Chain Management. Supply Chain Management. Supply Chain Matters.