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Supply chain risks: The knowable unknowns that can hurt your supply chain!

Kinaxis

An extreme example of this is a ride from Chicago to Colesburg, Tennessee taking 18 days, 13 hours, and 57 minutes! However, did you know there are enough lead time problems lurking in your current supply chain operations that go completely unnoticed? These are the “knowable unknowns” that can hurt your supply chain performance. For example, let’s say you modeled the lead time from “supplier A” to your manufacturing facility as 7 days.

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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4 Reasons for the Supply Chain Talent Shortage

Elementum

As the true determiner of whether a business sinks or floats, supply chain needs a workforce composed of smart, talented people. But why is it so hard to attract the best of the best to a career in supply chain? “We’re We’re like Rodney Dangerfield—we don’t get no respect,” says Professor Yossi Sheffi, a Professor of Supply Chain Management at MIT. The global supply chain is a $26 trillion per year industry, and it’s only getting more complicated.

Experts Suggest How to Slash Supply Chain Risk Properly

Supply Chain Opz

Developing supply chain risk mitigation strategy can be a time consuming task. Christopher Tang, Distinguished Professor, UCLA Anderson School and Editor-in-Chief of the INFORMS journal Manufacturing and Service Operations Management (M&SOM) As supply chains become more complex, companies find their supply chains more vulnerable to both foreseeable uncertainty risks and unforeseeable disruption risks.

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Who Should Be In The Winner’s Circle?

Supply Chain Shaman

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. Now in its seventh year, in the analysis, I learned a lot about the impact of supply chain choices on balance sheet performance: -Not Straightforward.

Three Ways to Ensure Resilient Supply Chains

Arena Solutions

The lines and shortages at supermarkets have introduced the challenges of supply chain disruption to virtually everyone. Panic buying has made it hard to find toilet paper, cleaning supplies, masks, gloves, groceries, and protective equipment as consumers purchase beyond their immediate needs. While supply chains are still functioning, many cannot suddenly meet the increased demand that has outpaced normal consumption or the shutdowns.

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.

25 supply chain experts reveal the best tactics to optimize a supply chain

6 River Systems

If you’re spending too much to meet consumer demands, experiencing delays in getting products to end customers or production disruptions, it’s time to focus on optimizing your supply chain. From raw materials sourcing to warehouse operations , logistics technology , order fulfillment and beyond, there are dozens of points throughout the supply chain, all of which contribute to overall supply chain efficiency.

4 Reasons for the Supply Chain Talent Shortage

Elementum

Professor Yossi Sheffi, a Professor of Supply Chain Management at MIT, chuckles when I ask him why there’s such a shortage in supply chain talent. He, like a number of supply chain professionals I spoke to over the past month, was lamenting the fact that the term “supply chain” doesn’t do a great job of suggesting the complex work involved in running the manufacturing, movement, and storage of a product.

Kraft Foods Names Daniel Myers Executive Vice President, Supply Chain

Supply Chain Network

Kraft Foods (NYSE: KFT) announced today (June 30th) that Daniel Myers will join the company in September as Executive Vice President, Supply Chain. Myers, 56, will lead the functional groups that make up the company’s integrated supply chain, including Procurement, Manufacturing, Engineering and Customer Service and Logistics. Myers earned his Bachelor of Science degree in Chemical Engineering from the University of Tennessee.

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

The world of supply chain and logistics is changing every day. Each one is featured as having done something unique to reinvent their supply chain and logistics. In addition to cutting the need for outsourced manufacturing, this move could give the company a leg up on the competition by making it possible to get products in the hands of consumers faster. Additionally, the company’s manufacturing expertise will enable the reduction of production costs.

This Week in Logistics News (February 19-23, 2018)

Talking Logistics

But I did manage to keep a pulse on what was happening in the supply chain and logistics industry; here are the items that caught my attention: KFC restaurants could remain closed for ‘remainder of the week’ due to chicken shortage crisis (Independent). Apple in talks with miners to secure cobalt supplies: sources (Reuters). FourKites Raises $35 Million To Accelerate Predictive Supply Chain Execution.

This Week in Logistics News (February 18-22, 2013)

Talking Logistics

CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. As I highlighted in my supply chain and logistics predictions for 2013 , tablets and smartphones are quickly becoming the preferred computing platform for business professionals, which is why technology providers are designing and optimizing their applications for these devices.

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