Dealing With The Supply Chain Gloppy Mess

Supply Chain Shaman

For the first in seven years, I was not heads-down preparing for The Supply Chain Insights Global Summit. Pre-pandemic only 30% of supply chain leaders were satisfied with their supply chains, and during the pandemic, business leader satisfaction is falling precipitously.

How Robust are your Global Manufacturing and Sourcing Strategies?

Dragon Innovation

Global manufacturing choices are almost endless, but with innovation and progress what works today may not work in the future. factory selection sourcing supply chain management Contract Manufacturer supply chain RFQ

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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.

Rising Above Supply Chain Disruptions

DELMIA Quintiq

What they need is a supply chain solution that will enable them to stay on top of problems, minimize damage and stay ahead of competitors. It is a necessary part of supply chain risk management. To manage everyday risks and black swan events, you need a supply chain that is designed to be resilient in the face of disruptions. But what are the characteristics of a resilient supply chain? Are you making the most of your supply chain?

Supply Chain 2030: Forge a New Path

Supply Chain Shaman

The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning. Today only 12% of supply chain teams are driving improvement, performing better than their competitors and driving value (as determined by Price to Tangible Book Value). As companies prepare for Supply Chain 2030, we think that it is time to rethink the basics. Seven Predictions for Supply Chain 2030.

Responding to Supply Chain Disruption Amid COVID-19

AIMMS

It’s taking a profound humanitarian and economic toll , impacting supply cha ins in many ways. Our team put several resources together to help supply chain organizations navigate through this crisis safely. . The next 2-4 weeks are critical to understand the exposure throughout your value chain, take actions to address anticipated shortages , and ensure resource requirements to restart. Study 3: Identify Optimal Sourcing Locations .

Blockchain in Supply Chain: 2 Ethereum-Based Projects That Demonstrate How Blockchain Can Improve Supply Chains

Cerasis

Supply chains are messy. Blockchain in Supply Chain Can Help. A manufacturer in China doesn’t read the specs on an order. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. The inefficiencies that plague supply chains have seemingly been around forever. Blockchain in supply chain changes that. Wrapping Up Blockchain in Supply Chain. Supply Chain

Five Reflections From Supply Chain Planning Benchmarking

Supply Chain Shaman

In my work with Supply Chain Insights , I immerse myself in learning. I continually question my long-held beliefs on supply chain excellence. . When readers finish a Supply Chain Shaman blog, I want to drive a set of unique takeaways. Today, I am going to share five insights that I have gleaned from our work on Supply Chain Planning Benchmarking. In most ‘benchmarking activities’, self-reported data is the most common source.

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. Subscribe Here!

Next-Generation Digital Supply Chain Planning

DynaSys

Despite the disruptions of the past years, there are some emerging key trends in Supply Chains that provide both challenges but also opportunities for manufacturers. The momentum towards more sustainable supply chains is coming from many directions.

Procurement Technology – What it can and can’t replace in a Manufacturer’s Journey Towards Supply Chain Resilience and Agility

ivalua

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. There are many supply chain management lessons to learn from the Covid-19 crisis.

The End of Single-Source Supply Chains

Supply Chain Brain

In a post-COVID-19 world, no smart company can rely solely on China for its manufacturing

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Help Supply Chain Planners Be More Successful In These Uncertain Times

Supply Chain Shaman

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods. As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain.

Best-Cost vs. Least-Cost Sourcing

Talking Logistics

The “reshoring” of manufacturing operations from China and elsewhere to the United States continues to make headlines. A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. And earlier this month, the Wall Street Journal published an article about how the toy maker K’Nex has moved most of its manufacturing operations from China to its factory in Pennsylvania.

Scenario Modeling Is Now Crucial for Supply Chain Network Design

AIMMS

The COVID-19 pandemic has exposed many risks and uncertainties in supply chain networks. Current Technologies in Use for Supply Chain Network Design . Prolonged shutdowns have both financial and operational implications, which are often very difficult to assess due to the complexity and far-reaching nature of supply chains. Another use case we see for scenario modeling in the current context is evaluating new sourcing locations.

4 Best Ways Manufacturers Can Perfect Their Supply Chain

USC Consulting Group

Leading the way — and defying the odds — are manufacturers. Yet with COVID-19 and product shortages still a reality, some manufacturers are wondering what they can do to improve their supply chain resiliency to prepare for present and future disruption. If your company is in a similarly tenuous situation, below are a few recommendations to help you shore up your supply chain risks. Focus on strategic sourcing. No supply chain is perfect.

4 Key Trends to Watch in Smart Manufacturing and Supply Chain

Cerasis

Industrial IoT and big data are converging to enable demand-driven 'smart supply chains.' The advancements in 3D printing and 'Additive Manufacturing,' coupled with supply chain efficiencies, could make distributed manufacturing a reality, ushering in the era of smart manufacturing. The Continual Coverage and Now Reality of Smart Manufacturing with 3D Printing. Smart Manufacturing will Make Supply Chains Demand Driven not Forecast Driven.

Supply Chains By the Numbers

Supply Chain Shaman

When 2015 rolls in, for me, it will mark a decade of quantitative research focused on understanding the evolution of supply chain management. Insights on Supply Chain Organizations. In the early years, there were no supply chain organizations. I like many other gray-haired supply chain professionals reported through a functional organization like manufacturing or transportation. For me, it was manufacturing.

Supply Chain Diagnostic: A Four-Step Process

Supply Chain Shaman

In my work with manufacturing companies recently, I am thinking a lot about the need for diagnostic testing. Time For A Supply Chain Check-Up? When a company contacts me to help them with their supply chain, the pain is usually a gap in customer service. They tend to have many pretty PowerPoint slide decks–full of acronyms, pretty pictures and E2E commitments–but they lack a common definition of supply chain excellence.

Embracing the Digital Supply Chain

Supply Chain Shaman

As I drank a cup of coffee and waited, I reflected on the article I had just completed for the Institute of Supply Management. At their request I wrote on the digital supply chain. Digital supply chain is such a buzzword. The digital supply chain is about SO much more than gadgets.” Yet, within the supply chain, everyone waits for data and insights. Supply chains do not move in the cadence of the market.

Digital Supply Chain Predictions!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Digital Supply Chain predictions article and permission to publish here provided by Michael Gaughan at land-link.com. Subscribe Here!

Will COVID-19 Lead to More U.S. Manufacturing?

Talking Logistics

Will the COVID-19 crisis lead more companies to manufacture and source their products and materials from the United States instead of China and other countries? Overall, I believe this pandemic will cause companies to reevaluate their supply chains in light of whatever reality we find. Manufacturing? Manufacturing? Global Trade Industry Trends China COVID-19 global trade Indago local sourcing reshoring US manufacturing

The Branded Supply Chain

DELMIA Quintiq

What do H&M and Whirlpool know about supply chains that many of their competitors don’t? It is that world-class supply chains embody world-class brands by delivering to the customers the promises made and stories told by their marketing departments. And that only happens when marketing and supply chain teams collaborate, which is probably not often enough. The Branded Supply Chain covers three main areas: loyalty, sustainability and leadership.

Sourcing and Procurement in Supply Chain Management

EC Sourcing Group

Sourcing and Procurement in Supply Chain Management. The terms “ sourcing” and “procurement” in supply chain management are often used interchangeably, although they are not quite the same. Procurement is a process and one link in the chain of the supply chain. The supply chain is the entire process of making and selling a commercial product or good. Sourcing is but one step in the procurement process.

How to Sustain a Lean Culture in Manufacturing & Supply Chain

Cerasis

LEAN, Supply Chain Optimization, Logistics, Warehouse and Cost Reduction Consultant. Twitter Google+ LinkedIn The post How to Sustain a Lean Culture in Manufacturing & Supply Chain appeared first on Transportation Management Company | Cerasis. Lean Manufacturing Supply Chain lean cultureToday I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement.

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Strong Supply Chains Required For an Economic Rebound: Six Steps To Take

Supply Chain Shaman

My last post on the Supply Chain Shaman blog was forty-five days ago. My first focus was on China sourcing. Then it was the redefinition of the supply chain for the global shutdowns Sick with the virus; I spent my energies writing and moderating podcasts. I firmly believe that the rebound of the economy requires strong supply chains, but to make this happen, we need to turn our backs on historic practices and innovate new ways of working.

Supply Chains to Admire: 2016 Results

Supply Chain Shaman

This morning, we announced the Supply Chains to Admire Winners and Finalists for 2016. Selfishly, we need standard for our research, but we also want to help supply chain leaders gain new insights from a deep data-driven analysis. There is no agreed standard for supply chain excellence. The Supply Chains to Admire analysis is now in its third year. The source data for the analysis is public reporting of balance sheets and income statements.

Carter’s: A Story of Supply Chain Leadership

Supply Chain Shaman

To drive global scale, companies need to design the supply chain to buy globally and execute locally. The design of the supply chain is fundamental to making this happen. In our interview of the Supply Chains to Admire Winners, we found a unique approach at Carter’s. Shipping approximately 400 million selling units consisting of 700 million manufactured units per year, Carter’s employs about 4,000 employees at its peak. Supply Chain Index.

The Value of Optimized Container Management in Complex Automotive Supply Chains

DELMIA Quintiq

Today’s supply chains are becoming more complex and dynamic. While the automotive industry is proactive in developing strategies to optimize manufacturing processes, many important aspects are siloed, especially one crucial element: The container, which plays an important role in ensuring seamless logistic processes. The final assembly line sets the pace in automotive manufacturing. Consider diverse scenarios in the production chain before making decisions.

History Repeats Itself Without Supply Chain Leadership

Supply Chain Shaman

This is a story for the Eds, Franks, and Toms working together in supply chains across the globe. It is also a story for a young supply chain manager attempting to make a difference, but feeling stymied. Frank, the line manager for manufacturing, dominated the meetings. Despite goals to improve agility and resiliency, functional metrics for manufacturing efficiency continually throw the supply chain out of balance.

Five Things I Have Learned About Global Supply Chain Planning

Supply Chain Shaman

Regional supply chain companies are attempting to define global requirements. They are well versed in requirements for regional supply chain planning, but they are attempting to redefine their processes and be more global. Success in Supply Chain Planning Is a Flip of a Coin. Supply chain planning success is difficult to achieve. The second issue is treating supply chain planning as a technology project implementation.

Sourcing And The Value Chain – Why Digital Platforms Matter

Gravity Supply Chain

Real time predictive analytics ensure offshore and nearshore sourcing decisions take place with certainty. The post Sourcing And The Value Chain – Why Digital Platforms Matter appeared first on Gravity Supply Chain. Gravity’s technology helps mitigate risk.

The Mask Supply Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Strategic National Stockpiles and Sourcing for the National Interest! It got me thinking about where the masks were manufactured and was there a problem with that Supply Chain. What exactly is the Mask Supply Chain?

Supply Chain Analytics- Towards Intelligent Manufacturing

ThroughPut

What is Supply Chain Analytics? Supply Chain Analytics aims at enhancing the manufacturing operational efficiency and overall operational effectiveness by enabling informed data-driven decisions across the factory floor. Typical Supply Chain Challenges.

6 Steps to Viable Supply Chain Reality

Logistics Bureau

While your company undoubtedly has sustainability on its supply chain agenda, creating momentum can be tricky in what is after all, a fairly new way to approach performance improvement. How to Develop a Sustainable Supply Chain. Supply Chain Mapping.