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Blockchain SCM Transformation Explained in Layman’s Terms

Shipchain

While this comparison is most commonly associated with benchmarking, it is also part of the reason why more people in the shipping industry are turning to blockchain for supply chain management (SCM). Blockchain SCM is poised to create links between all existing supply chains, even competitors, which allows supply chain networks to function more efficiently and with greater transparency. Why Do Shippers Underestimate Blockchain SCM ?

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Outsourcing Sourcing! 5 Lessons from Around the Globe!

Supply Chain Game Changer

Doing business with suppliers located overseas or in another country can be an overwhelming and daunting task even for expert Sourcing professionals. He knew what his cost point had to be on the product which meant that he had to have the product manufactured overseas. But beyond that he had no idea on where to start to source his product. Large companies can afford to have Strategic Sourcing Procurement staff around the world. The post Outsourcing Sourcing!

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Get Your Manufacturing Processes in Gear for the Holidays

Oracle SCM

Every year during the holidays, anxiety hits shoppers, retailers, and manufacturers alike about whether the season’s hottest products will face shortages. For manufacturers, at least, it doesn’t have to be this way. Many manufacturers lack the end-to-end supply chain visibility and flexibility needed to plan for demand spikes, but you can improve your demand-planning capabilities by outsourcing at least some of your production processes.

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Supply Chain Management Challenges All Businesses Need to Understand

USC Consulting Group

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. However, the stakeholders managing these ever-growing caches should familiarize themselves with some of the most recent SCM challenges and trends to ensure that the supply chains they are constructing are truly built to last.

Importing From China! The Essential Guide! (Video)

Supply Chain Game Changer

The most important factor is that due to the lower cost of materials and wages, China can manufacture goods for a far more reduced price. What’s more, due to their expertise in mass production Chinese manufacturers are able to deliver a level of speed and efficiency unmatched by any other nation. This indispensable guide offers a helpful run-down of product selection, sourcing suppliers, shipping, and more. China #Import #Export #Logistics #SupplyChain #SCM #Freight.

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Customer Experience Driving Innovation for High-Performing Companies

Talking Logistics

The research, produced by Adelante SCM and presented by BluJay Solutions (a Talking Logistics sponsor), was conducted to explore the links between supply chain management innovation, customer experience, technology adoption, and company performance. To gain insights on that question and more, Adelante SCM and BluJay Solutions conducted a web survey of supply chain and logistics professionals in March 2018.

Reverse Logistics and the Power of Your 3PL!

Supply Chain Game Changer

Refurbishing services are only one of the many reasons a company would need to ship a product back to its source. As much as American consumers enjoy buying new goods, they also frequently return items they’ve bought, making it necessary for logistics managers to figure out the best way to get products back to the manufacturer. Another great benefit is minimizing shipping costs. SCM #SupplyChain #reverselogistics #repair #recycling #aftermarket. Subscribe Here!

Do you have a Freight Management Strategy or are you Spinning your Wheels?

Supply Chain Game Changer

They want not only free shipping but they also may want same day or next day delivery. If you are in a business supporting some manufacturing or retail industries you may also be subject to performance penalties if deliveries or late. With all of that considered Freight Management can be a source of competitive differentiation and an enabler of strong financial performance. E-Commerce customers want free shipping. Subscribe Here! Email Address.

The Humble Label in Supply Chain – Too many of them are in use!

Supply Chain Game Changer

I retired from a multi-national supply chain management company to become a co-owner of a label manufacturing company, which was a real culture change for me. Many buyers feel that the labels are such insignificant parts of the product and place very little time and attention in the sourcing and procurement of the labels. 3) On the shipping carton – Warning labels, Address labels, return instruction labels, identification labels. 7) Need to reuse shipping boxes.

The Supply Chain Carbon Footprint Reduction Strategy

Supply Chain Game Changer

The nodes in the Supply Chain are those facilities that are involved in the end-to-end manufacture, processing, distribution, and consumption of goods. Supplier and Company Manufacturing facilities, Warehouses, Distribution Centres, Retail outlets, Return and Repair operations and Consolidation points are all Supply Chain nodes which use resources to perform their processing activities. Low cost sourcing is a predominant reason for this geographically dispersed network.

Disaster Strikes!!! Is Your Supply Chain Ready To Recover?

Supply Chain Game Changer

As a company you may be disrupted in your ability to get your raw materials delivered, your goods processed, or your products shipped to your customers. Key nodes in your Supply Chain, whether they be Suppliers, Manufacturing Plants, Distributors, Customers, Logistics Carriers, or other Channels should be well defined. As such you need to consider how to mitigate this impact in your Sourcing strategy. Hurricane #Strategy #SupplyChain #SCM #Business. Subscribe Here!

Crowdfunding Fulfillment Solutions!

Supply Chain Game Changer

There is much more to shipping rewards than throwing products in a box and slapping on a label. When you calculated your startup expenses, you probably figured out manufacturing costs down to the penny. If you’re like a lot of small business startups, however, you might have forgotten to figure in fulfillment costs, including shipping and warehouse storage fees. A crowdfunding fulfillment provider can track and warehouse your products once they arrive from the manufacturer.

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Making Supply Chains Fit for Function

Enterra Insights

The basics of supply chain management (SCM). ”[2] The staff at Advanced Transportation Systems (ATS) adds, “Supply chain management deals with the procedures encompassing sourcing components a company requires to develop its products or service to deliver the end product to customers. If you want to develop a robust SCM strategy, you have to look at the entire ecosystem. Cecere asserts that collaboration is a key to SCM success. Sourcing.

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Technologies Reshaping the Global Digital Supply Chain!

Supply Chain Game Changer

We may still be a long way away from a future where trucks and ships will be controlled by artificial intelligence (AI) alone. Limitations aside; autonomous robots are already bringing innovation to the supply chain and delivering significant value, chiefly because they can help: • Improve speed and accuracy of routine operations, particularly in warehousing and manufacturing. • SCM #SupplyChain #technology #drones #augmentedreality #logistics #robotics. Subscribe Here!

Seasoned Leadership in Action™ – An Interview with Derek Panchyshyn!

Supply Chain Game Changer

In my case I graduated with an Electrical Engineering degree in 1990 and started my career with IBM Manufacturing in Toronto, doing test engineering. More recently at ATX Networks, I am proud of sourcing and developing new suppliers that have helped us grow into new markets, help capture tactical or long term opportunities, and reduce cost and risk for the company. SCM #SupplyChain #Technology #atxnetworks #leadership #executive. Subscribe Here! Email Address.

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A Comprehensive Warehouse Safety Guide!

Supply Chain Game Changer

This lets you measure your performance and encourages you to run an even tighter safety ship. They also cite failure to lock out high-energy sources as a prime cause of serious accidents as well as the continual problem of workers not utilizing proper PPE. OSHA is your first source of safety information and guidelines for the warehouse business as well as all other American industries. That can be everything from high-energy sources to potential falls from a height.

Multimodal 2015 – Advanced Supply Chain Management and Logistics for Cargo Owners

Supply Chain Movement

It is this ability to present the entire freight transport and logistics supply chain under one roof that makes Multimodal the go-to event for shippers, importers, exporters, manufacturers, wholesalers, retailers – all seeking ways to run a slicker supply chain. Manufacturers. Events Clarion Events distribution managers event freight transport logistics Multimodal NEC Birmingham procurement directors shipping managers Supply Chain Directors traffic managers

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

NC State SCRC

You can either ship it by boat from China (30 days) or by plane (FedEx). A post-global world is actually good for supply chains, as it drives proximity of resources closer to customers and suppliers, as organizations seek to manufacture locally. Machines are good at automating rote tasks (which is about 80% of all tasks), but humans are needed to source and manage exceptions, and there will always be exceptions.

Seasoned Leadership in Action™! An Interview with Skip Boothby!

Supply Chain Game Changer

After a career as CEO, COO, President and Division Head of leading supply chain, manufacturing support, and after-market service organizations, he helps companies assess what they have, determine what they need, and decide what to do. Some parts were manufactured internally and most others were sourced around the world. This drove our decision to enter into sourcing services, vendor management and supplier owned inventories. Subscribe Here! Email Address.

Seasoned Leadership in Action™ – An Interview with Derek Panchyshyn, SVP at ATX Networks!

Supply Chain Game Changer

In my case I graduated with an Electrical Engineering degree in 1990 and started my career with IBM Manufacturing in Toronto, doing test engineering. More recently at ATX Networks, I am proud of sourcing and developing new suppliers that have helped us grow into new markets, help capture tactical or long term opportunities, and reduce cost and risk for the company. SCM #SupplyChain #Technology #atxnetworks #leadership #executive. Subscribe Here! Email Address.

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Cutting out the Middleman: The Growth of Direct-to-Consumer!

Supply Chain Game Changer

As supply chains evolve and grow, products are often passed between dozens of hands at factories, shipping vehicles and pallets, distributor warehouses, retail warehouses, shop floors, and delivery fleets. With revenue growth remaining a challenge, almost half (48 per cent) of manufacturers are racing to build Direct-to-Consumer (DTC) channels, with almost all of them (87 per cent) seeing these channels as relevant to their products and consumers. Subscribe Here! Email Address.

Reduce speed – limited visibility!

Kinaxis

If you can imagine the typical supply chain, you would expect it to be comprised of customers, suppliers, and potentially one or more levels of integrated manufacturing facilities. Imagine an environment where your customer could request a demand change and within seconds, you could see the impact of that change on your entire supply chain…including any plant that contributes to the manufacturing of that item or any supplier that provides components. by John Westerveld.

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7 Characteristics of A Best In Class Supply Chain

Cerasis

Supply chain service providers and supply chain managers (SCM) will be able to use data to identify inefficiencies, create proposed solutions, and implement such solutions. However, it also requires an extensive evaluation and rapid identification of sudden changes in the market, which will impact manufacturing, shipping, and all other aspects of the supply chain process. It started in manufacturing, and it has trickled down to individual homes.

What Exactly is Blockchain? And How Does it Work? (Infographic)

Supply Chain Game Changer

Source: [link]. Source: Wikipedia [link]. Source: [link]. Source: [link]. ” Source: [link]. Source: [link]. Material Suppliers, Manufacturers, Distributors, Shippers, Carriers, Logistics companies, and Customers all want to know where goods are in the Supply Chain. And Maersk has now teamed up with IBM on a new blockchain-based electronic shipping platform. ” Source: [link]. Subscribe Here! Email Address.

Seasoned Leadership in Action™! An Interview with Neil Hampshire, CIO at ModusLink!

Supply Chain Game Changer

Based on my experience and my vision I knew that I/T should be a source of competitive advantage and competitive differentiation in terms of our services and capabilities. From a Supply Chain success perspective, I am very proud of my role in helping set up the largest Pick, Pack & Ship operation in the world for Avon in Brazil. Integration of supply chains :-first integrating across the whole value chain, from sales, to planning and manufacturing. Subscribe Here!

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

Before we get into blockchain’s potential entry points into the supply chain ecosystem, let’s take a look at the two current trends in SCM *(Supply Chain Management): Dynamism SCM has evolved to become a huge, global ecosystem. Multiple manufacturers, multiple relationships, multiple distribution models, multiple contracts. Source ] Blockchain can help mitigate these losses and their associated disputes.

Perspectives on the Global Trade Environment: A Panel Discussion

NC State SCRC

The goal is to create redundant sources based on supplier-specific and country-of-origin, to ensure that each product category has redundancy as a form of insurance on the supply chain. Even if AAP or other auto part companies wanted to move production, there is no manufacturing capacity in the US or anywhere else, so creating redundancy in this case is very difficult. Andrew Partis shared his views from ThermoFisher, a global contrat manufacturer for the pharmaceutical industry.

Is Your Supply Chain Skating to Where the Puck Is Going to Be?

BlueYonder

Manufacturers may bypass a finished goods distribution center (DC) and go direct to the consumer. Also, during high promotional periods or times of high seasonality, many manufacturers are going direct to their retail customers to streamline the shipment of goods. Direct to consumer shipping is on the rise, thanks to manufacturers’ growing adoption of e-commerce as another revenue model. Read the SCM World Digital Transformation: The Execution Challenge report.

The Expert Talks- Sustainability

Infosys Supply Chain Management

Being an SCM professional how do you relate SCM with Sustainability? For a Supply Chain to be sustainable, organizations need to employ the right manufacturing and distribution practices in a way that creates an optimal synergy of environment, business growth, and the society. No one is an exception in the sustainability exercise, with this I mean each and every participant within the supply chain including manufacturers, suppliers, logistics etc.

Walmart: 3 Keys to Successful Supply Chain Management any Business Can Follow

Cerasis

The retailer started dealing directly with manufacturers in the 1980s, giving suppliers the job of managing inventory in its warehouses, the Arkansas Business article said. The data is shared with suppliers who know when to ship more products. Walmart’s SCM process is not based entirely on technology. Components of Supply Chain Management (SCM). Sources: “Annual Financials for Wal-Mart Stores Inc.”

Supply Chain Orchestration: 5 Ways Your Business Benefits

OneSCM

Including those labeled as “supply chain management” (SCM) solutions. This simplifies the distribution of actionable intelligence to both high- and low-volume suppliers while providing manufacturers, trading partners and distributors with a reliable and low-cost way to collaborate in real time. Every supply chain is data driven these days.

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Supply Chain Orchestration: 5 Ways Your Business Benefits

OneSCM

Including those labeled as “supply chain management” (SCM) solutions. This simplifies the distribution of actionable intelligence to both high- and low-volume suppliers while providing manufacturers, trading partners and distributors with a reliable and low-cost way to collaborate in real time. Since SCO platforms are synced with all internal and external supply chain systems, procurement can flag delayed response times or quality control issues to adjust sourcing strategies.

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Is Your Supply Chain Skating to Where the Puck Is Going to Be?

BlueYonder

Manufacturers may bypass a finished goods distribution center (DC) and go direct to the consumer. Also, during high promotional periods or times of high seasonality, many manufacturers are going direct to their retail customers to streamline the shipment of goods. Direct to consumer shipping is on the rise, thanks to manufacturers’ growing adoption of e-commerce as another revenue model. Read the SCM World Digital Transformation: The Execution Challenge report.

24 supply chain experts & business leaders reveal the #1 challenge of supply chain management (and how to solve it)

6 River Systems

“They have multi-sourced key commodities or strategic components to reduce their reliance on any one supplier, and they had considered inventory strategy to buffer against supply chain disruption.” “I predict we will see a greater adoption of automated tools assisting, rather than replacing, humans in specific roles within our supply chains: warehouse, manufacturing and distribution.”

Is Apple Supply Chain Really the No. 1? A Case Study

Supply Chain Opz

Apple Inc purchases raw materials from various sources then get them shipped to an assembling plant in China. From there, assembler will ship products directly to consumers (via UPS/Fedex) for those who buy from the Apples Online Store. Some re-sellers may also distribute products from the competing manufacturers. Some components are currently obtained from the single or limited sources. SCM-Operations is now SupplyChainOpz. NAVIGATE. Basics.