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Your Supply Chain Strategy is Your Business Plan (Unless It’s Not)

Talking Logistics

More than 14 years ago, when I was still a relatively new supply chain analyst, I attended the CSCMP Annual Conference, and I still remember these words delivered by Michael Eskew, former Chairman and CEO of UPS, in his keynote presentation: “We’re seeing a dynamic shift in the relationship between business plans and logistics, a shift from the perception of our industry as a back-end process to a front-end strategy that informs and supports the entire business plan.

A Don’t Touch Supply Chain Strategy Must Now Dominate The Future!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! The overarching strategy for limiting exposure to, and spreading of, the Coronavirus is that of Social Distancing. But even with social distancing, the global lockdowns, temporary closures of many businesses and disruptions of economies everywhere there are still Supply Chains in action, as disrupted as they may be.

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26 supply chain pros reveal the single most effective way to create a winning supply chain strategy

6 River Systems

With new supply chain innovations , trends in logistics technology and advancements like automated robots making a big impact on operational efficiency, it seems that supply chain optimization is within reach for more companies than ever before. However, even with a growing number of innovative technologies at your fingertips, your success still depends on your strategy. ” Meet Our Panel of Supply Chain Professionals: Trey Howard Emmanuel Frost Michael D.

Is Single Sourcing, or Sole Sourcing, Dead?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! The Coronavirus Pandemic has quickly and severely disrupted Supply Chains of every kind around the world. Lockdowns have resulted in the temporary closure of Manufacturing and Distribution facilities and discontinuation of Logistics and transportation modes. Additionally dramatically higher demand for household supplies (eg.

How Supply Chain Strategy Misalignment is Killing Kmart USA

Logistics Bureau

At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supply chain and business strategy along with eight other important levers for supply chain performance improvement. As food for thought in the meantime, I want to illustrate how seriously supply chain strategy misalignment can impact your company , using the story of Kmart USA to illustrate some of the possible consequences.

Supply Chain Strategy Doesn’t Deliver

EFT

The past decade has seen a popular strategy among mid-sized to large logistics service providers. Many providers pursued a common strategy of expanding logistics capabilities across the supply chain spectrum. Providing end-to-end supply chain services was seen as the next frontier for growth. After more than a decade, the strategy has failed to deliver. Strategy Assumptions. Where the Strategy Fails. Executive Summary.

Building your Supply Chain Strategy: The Five Tenets of High-Performing Supply Chains

BlueYonder

The last 15 years have been a rollercoaster for supply chain professionals as companies embraced supply chain innovation, moving up the five steps of the supply chain maturity curve, supported by new technologies. During this time, JDA mirrored this vision of supply chain strategy that fosters competitive advantage and profitable growth based on the five tenets of high-performing supply chains.

2019 Transportation Industry Trends

GTG Technology Group

6 Transportation Industry Trends to Look for in 2019. New opportunities in the transportation industry are thriving. Transportation professionals seeking to stay on top of trends in the industry look to implementing these trends. Global Supply Chain Strategies. Natural disasters in the United States over the last few years that have impacted the country’s transportation infrastructure , from hurricanes and floods to snowstorms. Sources: [link].

Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

I also worked with a team of leading thinkers in developing the Future of Procurement Report (published by KPMG) , as well as publish the BVL International Global Logistics Trends and Strategies report with a team of leading academics and executives in Europe, China, North and South America, Russia, and India. We just finished hosting over 150 executives at our Supply Chain Resource Cooperative, with a theme on Supply Chain Analytics.

7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products.

Arkieva Supply Chain Scope: As Ecommerce Businesses Boom, Distribution Center Availability Becomes Scarce

Arkieva

While demand seems to be on an uptick for manufacturers especially in the consumer goods industry, an increase in online shopping could also lead to a scarcity in the availability of distribution centers in the near future. This and more, in your Monday supply chain briefing from Arkieva. . Supply Chain News. This is compared to 150 million square feet of new supply, making the market the tightest it’s been in years. Source: Multichannel Merchant.

Supply Chain Scope: New Study Shows Rise in US Inventories; California Estimated to Improve Freight Efficiency by 25% in 2030

Arkieva

This and much more, in your Monday supply chain briefing from Arkieva. Supply Chain News. The Sustainable Freight Action plan released by California governor Jerry Brown outlines a long-term 2050 vision and guiding principles for California’s future freight transportation system. Source: Commerce Dept. Source: SupplyChainDigest. Supply Chain Strategy. Is Integrated Supply Chain Planning Rubbish? Source: EBN.

What’s New in 2015 for the supply chain world? See 2014?s predictions.

Supply Chain View from the Field

Global supply chain footprints will continue to expand. No question the global supply chain is still going strong. So while globalization hasn’t gone away, people are re-thinking global supply chain outsourcing, particularly as wages and risks are both rising in global emerging countries. With Amazon and others going to same day deliveries, the e-commerce boom is making transportation and delivery infrastructure more difficult to navigate.

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6 Key Supply Chain and Logistics Trends to Watch in 2017

Logistics Bureau

Call it a cop-out if you like, but seriously, predicting which logistics and supply chain trends will make a difference to businesses in any given year has become notoriously difficult, given the speed at which technology in particular can suddenly disrupt the way things are done. The 6 Supply Chain Trends You Can’t Afford to Ignore. Key Logistics Trend #1: Warehouse Robotics in the Supply Chain.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

What is Supply chain costs? Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. Applying the total cost of ownership analysis to the supply chain implies identifying all direct, indirect, and other associated costs. Supply chain costs analysis.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

What is Supply chain costs? Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. Applying the total cost of ownership analysis to the supply chain implies identifying all direct, indirect, and other associated costs. Supply chain costs analysis.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

What is Supply chain costs? Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. Applying the total cost of ownership analysis to the supply chain implies identifying all direct, indirect, and other associated costs. Supply chain costs analysis.

3 Steps for Making Digital Transformation Happen in Supply Chain Planning

Solvoyo

Digital transformation is transforming your decision-making processes with technology — utilizing new sources of innovation and creativity such as artificial intelligence, machine learning, Internet of Things, virtual reality, to enhance customer experience and employee productivity and ultimately improve business performance. Bringing Agility into Supply Chain Management. This goes for Supply Chain Management and the surrounding IT infrastructure as well.

How Cloud Investments are Fueling Manufacturers’ Digital Supply Chain Transformations

BlueYonder

Digital innovation across every node of the supply chain is occurring – and fast. Smart factories, smart warehouses and smart transportation are becoming a reality as manufacturers invest in technologies such as artificial intelligence (AI), machine learning (ML), Internet of Things (IoT), robotics and more. In our role as partners helping manufacturers on their digital journeys, we continue to see key trends emerge universally. Source: JDA.

Learning to Work with Machines That Learn What the Experts Know

NC State SCRC

It is no secret that future generations of managers are being asked to learn all about the different processes in the end-to-end supply chain, and be able to come together with others in a fast action plan when a disruption strikes. Over time, as the system learns, it can be used to better train young professionals based on the expert work of more experienced supply chain professionals.

7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products.

Supply Chain Planning- The Manufacturer’s Guide for Accurate Planning and Forecasting

ThroughPut

What is supply chain planning? A detailed supply chain planning mechanism can help manufacturers with critical elements for operational success including material management, waste elimination, and working capital optimization. Supply chain planning is the process of accurately planning the journey of a material or a product right from the raw material stage to the final consumer. Why do manufacturers need an effective supply chain plan?

Supply Chain Planning- The Manufacturer’s Guide for Accurate Planning and Forecasting

ThroughPut

What is supply chain planning? A detailed supply chain planning mechanism can help manufacturers with critical elements for operational success including material management, waste elimination, and working capital optimization. Supply chain planning is the process of accurately planning the journey of a material or a product right from the raw material stage to the final consumer. Why do manufacturers need an effective supply chain plan?

6 Strategies for Better Supply Chain Management in the Current Economy

Oracle SCM

Supply chain executives were under pressure to develop more efficient, customer-centric supply chains while finding innovative ways to reduce costs and enable growth. Explore Modern End-to-End Supply Chain for Real Business Growth. Integrating supply chain with ERP provides the function needed for end-to-end digital transformation. All of these changes in the marketplace meant that supply chains had been disrupted forever.

Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020

The Logistics & Supply Chain Management Society

“Managing supply chain and logistics has never been more significant and challenging since the outbreak of COVID-19 that created a new norm with high uncertainty and enforced an inevitable shift”. Logistics and supply chain management is a rapidly evolving field.

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Lean Manufacturing White Paper - Supply Chain Digest

Supply Chain Digest

Green Supply Chain. Lean Manufacturing/Supply Chai. Manufacturing Technology. Retail Supply Chain. Supply Chain Agility/Flexibili. Supply Chain Network Design. Supply Chain Optimization. Supply Chain Risk. Supply Chain Strategy. Supply Chain Visibility. Transportation Management Syst. Search Supply Chain Videocasts. Search.

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4 Important Benefits of a Sustainable Reverse Logistics Strategy

Cerasis

Business owners face endless decisions throughout all aspects of the supply chain. Businesses must decide which routes to use, where to manufacture products, and whether to employ the use of a third party logistics provider. However, one of the most important aspects of supply chain strategies is often overlooked: the reverse supply chain (also referred to as reverse logistics ). Reuse Encourages Competition in Manufacturing.

Digital Yard Management Prove Essential During COVID-19 Disruptive Times

PINC

New Gartner Market Guide for Yard Management shows the role that YMS plays in helping companies automate processes and offset the impacts of the global pandemic and other supply chain disruptions. . It didn’t take long for global supply chains to take center stage during the worldwide pandemic, what with the many shipping delays, supply disruptions, and related issues that made the world’s headlines.

Rethink your Business Strategy by Rethinking Your Supply Chain

CH Robinson Logistics

When I talk to worldwide businesses in Asia, Oceania, North America, or anywhere else, their chief concern is always the same: how do we meet our customers where they are to get them the products and services they want, all while keeping our own business strategy central? But one of the most common mistakes I see many companies make is positioning international supply chains merely as tactical support for larger strategies.

The Basics of Walmart Replenishment

SupplyPike

In order to maintain that inventory, the retail giant uses three basic strategies for replenishment : Cross-Docking. Walmart’s inventory strategy primarily revolves around cross-docking. Since transportation is scheduled with such harmony, transportation costs stay low, as does the transportation time. Technology has also been a major factor in laying down the foundation of Walmart’s supply chain strategies.

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

At Supply Chain Insights , as we combed through over 9000 quantitative responses on supply chain management from business leaders to understand what drives supply chain excellence in preparation for the Supply Chain Insights Global Summit , in the process, we proved Hau Lee’s theorem in the Famous Harvard Business Review Article, “Triple A Supply Chains.” First, great supply chains are agile.

Rapid Change is Driving the Automotive Industry – Part I

BlueYonder

To learn more about what is impacting the industry today, Supply Chain Nation spoke with Louis Yiakoumi, Group Publisher for Automotive Logistics magazine to get his insights for our Expert Insights series. Mobility changes will affect urban transportation because of too much traffic or to address environmental issues. They don’t see it as an enabler of global manufacturing and sourcing, or as a way of increasing customer loyalty through great service.

Agile Supply Chain VS Efficient Supply Chain

DynaSys

The ideal strategy to survive and prosper in a dynamic environment is to have an agile behavior that is conducive to change. This is true for everyone, and supply chains are no exception. An agile supply chain requires the ability to rapidly identify, evaluate and execute alternative supply chains scenarios. Supply chain experts have traditionally focused on efficiency and consequently pursued the lowest unit cost dream.

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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Big data and supply chain optimization: Illusion vs. reality

DELMIA Quintiq

In the last three to five years, something has changed in conversations about supply chains and logistics. Assuming that big data was superior to “just any data” came from evidence in the B2C market, but this did not stop bold predictions about how it could also transform supply chain operation. And so, the floodgates were thrown wide open and every supply chain software company started pitching itself as a “big data” supply chain software company.