Remove Manufacturing Remove SCM Remove Sourcing Remove Transportation

What is SCM and Why is it Important?

Oracle SCM

The acronym SCM stands for supply chain management. It refers to the systems, processes and software packages used by organizations to manage day-to-day operating activities such as, new product development , demand, supply and sales & operations planning , procurement , logistics , order management , manufacturing and asset maintenance. SCM systems provide a strategic advantage and business insight to companies and their operations. SCM Fundamentals.

SCM 96

Supply Chain Analytics- Towards Intelligent Manufacturing

ThroughPut

Supply Chain Analytics aims at enhancing the manufacturing operational efficiency and overall operational effectiveness by enabling informed data-driven decisions across the factory floor. It provides great value to them by: • Enabling better sourcing decisions based on supplier performance.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

SCM Technology Leaders JDA and RedPrairie to Merge

Supply Chain Network

To address ever-increasing complexities, manufacturers and retailers increasingly seek best-of-breed solutions and specialized domain expertise for planning and execution. This unique combination will provide retailers and manufacturers with extraordinary capabilities to meet the needs of hyper-connected, mobile consumers. It will be the single best source of software products and domain expertise for manufacturers and retailers.

SCM 88

[INFOGRAPHIC] 3 Core Supply Chain Management Trends Gearing Up to Change SCM Forever

Cerasis

Jabil sponsored a global Dimensional Research survey to capture hard data on current experiences, challenges and trends with the supply chains of electronics manufacturing companies. The 3 Big Supply Chain Management Trends Surely to Change SCM as we know it Forever. A trend in dual/multi-sources helps to provide additional supplier sources in the case of any concerns. ” SCM Core Trend #2: The Manufacturing Factory of the Future.

SCM 263

Global Sourcing and Human Rights Go Hand in Hand

NC State SCRC

Low-cost country (LCC) sourcing is now a commonplace strategy for shrinking bottom line labor and material costs in most consumer products industries, including apparel, footwear, toys, and other manufactured products. The on-going tariffs levied by the Trump administration in 2018 against China has also made this option significantly more expensive for sourcing.

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. In fact, 62% of logistics, supply chain, and transportation executives say their companies are undergoing profound supply chain transformation , according to a 2019 report from Forbes Insights.

What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

It is an umbrella term which encompasses the end-to-end aspects of Finance, Operations, Development, Sales, Manufacturing, Distribution, Customer Management, Supplier Management, Technology and I/T. Supply Chain Management (SCM) is the management and oversight of a product from its origin until it is consumed. SCM involves the flow of materials, finances and information. Source: [link] ). Source: [link] ). Source: [link] ). Source: [link] ).

What is a 3PL? The Ultimate Guide Including Definitions of 1PL, 2PL, and 4PL!

Supply Chain Game Changer

To provide some context my definitions are based on the premise of how far removed the entity performing the logistics processes is from the original source of the finished product. 1st Party Logistics (1PL) is where the organisation is the manufacturer and distributor of a product and performs all (or some) of its logistics processes in house. Transportation services. SCM #SupplyChain #Distribution #Logistics #Freight #Transportation. 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. Blockchain Omnichannel Supply Chain Transportation Management

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.

Crowdfunding Fulfillment Solutions!

Supply Chain Game Changer

When you calculated your startup expenses, you probably figured out manufacturing costs down to the penny. A crowdfunding fulfillment provider can track and warehouse your products once they arrive from the manufacturer. In addition, you can tailor your offerings based on the capabilities of your fulfillment warehouse, and not just your manufacturer. Source: Indiegogo. Logistics #Transportation #SCM #SupplyChain #Crowdfunding #Distribution #Freight #ECommerce.

Chad 48

Quantum Leap to the Top 10 Supply Chain Skills of the Future!

Supply Chain Game Changer

It is important to know that these changes are not just impacting Manufacturing, Engineering and I/T. Advanced robotics can be implemented within both your Manufacturing facilities and your Distribution Centres and all movement can be monitored, managed and adjusted from a Control room. They must be able to work with I/T, Engineering and Manufacturing collaboratively so that they can create the future! Organization #SupplyChain #Technology #Jobs #SCM #Future #HumanResources.

The Industrial Revolution – From Industry 1.0 to Industry 5.0!

Supply Chain Game Changer

tracks the manufacturing industry from the industrial revolution to the digital transformation and beyond. Each new stage represents a revolution in the manufacturing process that has changed the way we think about and work in the industry. Dating back to around 1760, the First Industrial Revolution was the transition to new manufacturing processes using water and steam. The textile industry, in particular, was transformed by industrialization, as was transportation.

[INFOGRAPHIC] Industry 4.0: Powered by the Internet of Things & Digital Manufacturing

Cerasis

At Cerasis, a core value of ours is continuous improvement for not only our company, our clients, and employees, but through our blog and content to those who are related to what we do (transportation management) in the fields of manufacturing, supply chain, logistics, distribution, and transportation. Freight shippers are now more efficient thanks to technology, such as transportation management systems. The Internet of Things will Power Digital Manufacturing.

The Supply Chain Control Tower! An Assessment!

Supply Chain Game Changer

Here are some of the key capabilities to look for in a control tower solution: End-to-end Visibility – visibility across supply chain partners, including suppliers, contract manufacturers, transportation carriers, third-party logistics. Image Source: Slideshare. Transport management – Planned and optimized shipments and streamlined communication between all parties. SCM #SupplyChain #Technology #Industry40 #Digital #Leadership. Subscribe Here!

Overcoming Trade War Myopia with Supply Chain Leadership!

Supply Chain Game Changer

Increasing the demand on over the road transportation in the U.S., Sourcing, supply, delivery, materials cost, total cost of acquisition … it’s all Supply Chain! 100M) that they are moving manufacturing out of the U.S. This is a Supply Chain sourcing move for sure! Supply Chain must complete a revised cost analysis for all impacted raw materials, sources, and network nodes (eg. manufacturing facilities, distribution centres). Subscribe Here!

What’s the Difference Between Logistics and Distribution?

Supply Chain Game Changer

The logistics of physical items usually involves the integration of information flow, materials handling, production, packaging, inventory, transportation, warehousing and often security. Logistics management activities typically include inbound and outbound transportation management, fleet management, warehousing, materials handling, order fulfillment, logistics network design, inventory management, supply/demand planning, and management of third party logistics services providers.”

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

Supply Chain Game Changer

Check out Why don’t you have a TMS (Transportation Management System) Solution yet? Depending on the industry your transportation spend can make up anywhere from 1-10% of your company’s total revenue. If you are in a business supporting some manufacturing or retail industries you may also be subject to performance penalties if deliveries or late. The transportation industry is not without its incongruities or capacity constraints. Subscribe Here!

Indirect Procurement – It’s Time to Rise and Shine!

Supply Chain Game Changer

It can provide a source of competitive differentiation. The Procurement Professional brings expertise in the processes of supplier sourcing, quotation, negotiation, supplier selection, terms and conditions management, performance management and supplier relationship management. The Logistics team clearly understands Freight and Transportation better than anyone else. IndirectProcurement #Procurement #SCM #SupplyChain #Leadership #Business #Finance. Subscribe Here!

Supply Chain Collaboration – The New Way to Drive Value!

Supply Chain Game Changer

On the supply side, however, there is less and less room for manufacturers to absorb additional costs as volatile input prices put the squeeze on margins and the marketing investment required to differentiate branded products from private-label competitors continues to rise. As a sourcing manager, you may need to go outside your comfort zone to think about new, innovative ways to collaborate for achieving sustainability because Collaboration comes in more than one flavor!

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.

Seasoned Leadership in Action™! An Interview with Michael Massetti, VP at Gartner!

Supply Chain Game Changer

The biggest career transformation for me was after leaving Dell when I joined Lucent in 2002 and entered supply chain in technology sourcing. We achieved recognition both internally and externally for our sourcing and procurement accomplishments in the spend management area. It was not until later in the 1980s that the loose federation between planning, purchasing, manufacturing, and logistics started coming together as an end-to-end entity called supply chain.

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.

SCM 109

Software is Not Enough: SAP and Descartes Partner on TMS Connectivity

Talking Logistics

That is one of the most important, yet often overlooked, questions shippers should ask before implementing a Transportation Management System — specifically if they’re implementing a traditional, behind-the-firewall solution. These services will leverage the transportation information created by SAP TM and provide filing status updates to SAP TM for improved shipment visibility. Where to Find Supply Chain Innovation (Source: Adelante SCM).

Technologies Reshaping the Global Digital Supply Chain!

Supply Chain Game Changer

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. • In addition to these benefits, robotics is a source of reliable labor, high quality, virtually mistake-free, job performance and significant cost savings over humans. Subscribe Here! Email Address.

Supply Chain Basics with Jason Miller

The Logistics of Logistics

The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service. The business world views Broad’s graduates and faculty as the voice of the SCM field. Sourcing.

Are These the 5 Biggest Fallacies in Supply Chain or is it Fake News?

Supply Chain Game Changer

It’s becoming more strategic, as companies integrate their Supply Chains and use them as a source of competitive advantage – instead of just a back-office function. The goal is to make the origin of goods more transparent, allowing companies to prove that goods haven’t come from workers under abuse or unsustainable sources. Better reporting and data have made for an increased reliance on KPIs to maximize performance in areas like Sourcing, Logistics, Manufacturing, and Sales.

Supply Chain Manager – A “Green” Superhero

Logility

For example: Optimizing a distribution network not only reduces logistics costs but, in most cases, reduces carbon emissions through fewer transportation miles and/or less inventory holding costs. Source: Nielsen Product Insider, 10/20/2018.

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

NC State SCRC

Co-location of supply chains will reduce disruptions, complications with transportations, government regulations, etc. At Flex, Tom had a scope that included the entire end to end supply chain: procurement, transportation, warehouse management, as well as customer order fulfillment, customer service, procure to pay, and trade relationships.

6 Strategies for Better Supply Chain Management in the Current Economy

Oracle SCM

The right prediction and contingency planning tools will ensure a complete view and an effective response to risks such as suppliers going out of business, political upheaval, and natural calamities affecting manufacturing. With the arrival and maturation of cloud supply chain technologies, businesses now have the ability to see exactly where all of their inventory is—in real time—from the store shelf back to the manufacturer. By Maha Muzumdar.

Mapping the Next Milestones in the Supply Chain

Oracle SCM

In areas where businesses have traditionally outsourced operations, such as transportation, we’re seeing rapid and widespread Cloud adoption; whereas for functions such as warehousing and product lifecycle management, the Cloud is only just beginning to penetrate. Yet the success of Cloud implementations elsewhere in the supply chain points the way to a future where it becomes a fundamental part of SCM strategy.

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

Supply Chain Movement

Entering its eighth year, Multimodal has grown to become the UK and Ireland’s premier freight transport and logistics event. 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. Multimodal 2015. Date: 28 – 30 April 2014.

The Supply Chain of a Computer

SCM Research

In my courses, I introduce the key ideas of SCM by discussing a map of our globe. What is the role of contract manufacturers? What can be problematic about sourcing raw materials from the Congo? What modes of transport should be used? Wie lange dauert der Transport eines Containers von Hongkong nach Hamburg? Sometimes a picture is worth a thousand words. Questions we discuss include: Who is actually producing our computers? Where does value creation take place?

Congo 139

This Week in Logistics News (August 17-21, 2015)

Talking Logistics

For example, although Infor has acquired various transportation management system applications over the years (CAPS Logistics, Arzoon, ShipLogix), GT Nexus offers a more modern, network-based solution for clients, and as I discussed earlier this week in my takeaways from the GT Nexus Bridges 2015 conference , GT Nexus is making significant investments in expanding and enhancing its TMS capabilities and footprint. Where to Find Supply Chain Innovation (Source: Adelante SCM).

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.