This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In February, Klaus Niebur, the director of global supplychainriskmanagement at Autoliv, and Jan Thiessen, the managing director at targetP!, spoke on best practices on supplychainriskmanagement at ARC Advisory Group’s Digital Transformation in Industry conference.
As I discussed last Friday, Accenture published a report recently on supplychainriskmanagement. The chart below from the Accenture report highlights the different approaches companies are taking to supplychainriskmanagement. The post Your 3PL as SupplyChainRiskManagement Partner?
Any discussion on supplychainriskmanagement and applying managedtransportation to help prevent risks from coming to fruition is incomplete without touching on the pandemic to overcome supplychain disruption. Market Volatility Continues to Undermine SupplyChainRiskManagement.
The survey also found that 9 in 10 supplychain leaders are seeking 3PLs with a consulting offering that provides guidance in setting up their company’s supplychain. These are the top challenges that are driving increased interest in and demand for consulting and managed services.
states, obvious disruptions to supplychains and supplychainriskmanagement were a given. Many of the states affected contained key ports and supply destinations, as well as transportation and logistics hubs. Don’t let your supplychain get blown away by any category of winds.
Network Layer: Manages data routing. Transport Layer: Ensures dependable data transfer. Session Layer: Manages sessions between applications. Transport Layer: Reliable Delivery The transport layer ensures that goods and information are delivered reliably, similar to how data packets are delivered in networking.
CLM changed its name twenty years ago to the Council of SupplyChainManagement Professionals (CSCMP) to be more inclusive of the source, plan, and make aspects of supplychainmanagement. In either case, why aren’t we using transportation data to change and define processes from the outside in?
SupplyChain Knowledge and Risk Mitigation: Suppliers have a direct impact on direct spend with raw material and transportation costs as two big drivers of operating margins. For instance, suppliers may have strong Vendor Management process expertise that will help reduce working capital.
Welcome to part three of our AI in SupplyChain blog series. In this blog, we explore the different types of predictive AI models for supplychainriskmanagement. In this blog, we explore the models used in Resilinc’s predictive AI and explain how they help streamline supplychainriskmanagement.
Recent years have brought a series of disruptions that exposed vulnerabilities in how supplychains are designed. Political instability has disrupted transportation corridors. Second, many supplychains still lack visibility beyond Tier-1 suppliers. Trade tensions have led to abrupt tariff hikes.
Supplychainriskmanagement and resiliency are hot-button topics in the industry. However, minute supplychain entities do not understand how resilience relates to riskmanagement and what it means for improving focus on the supplychain. Role of SupplyChainRiskManagement.
Over the past two years, I’ve written extensively about the growing importance of supplychainriskmanagement and supplychain mapping. See for example: Rethinking SupplyChainRiskManagement. Doing Nothing on SupplyChainRiskManagement.
SupplyChainRiskManagement Solution from riskmethods. If I was asked to vote for the most interesting solution set that has come to the fore over the last few years, my vote would be for supplychainriskmanagement solutions. SupplyChainRiskManagement Vendors.
Multiple people familiar with the matter say investigators found that the chips had been inserted at factories run by manufacturing subcontractors in China.” ” Aside from national security implications, the main lesson to be learned here is how vulnerable companies are to risks associated with their supplychains.
In other news… SupplyChainRiskManagement Now a Priority for Most Businesses ( Accenture ). Several reports have been published in recent years underscoring the growing importance of supplychainriskmanagement. Another example of the wrinkles in our lives , and how we respond to them.
What is supplychainriskmanagement? Supplychainriskmanagement is the process of identifying and managing issues within a supplychain. ordinated approach to implementing strategies to manage both daily challenges and unique risks. Analyse the risk.
Additive manufacturing offers potential to increase flexibility by producing components on demand, but current costs and certification requirements mean its use in space logistics is still limited. In-orbit manufacturing and autonomous systems could further reduce costs, while increasing operational flexibility.
There can be surprises that potentially offer a better upside: demand is higher than expected, it is possible to raise prices without affecting demand based on what is happening with competitor products, technology has allowed manufacturing capacity to ramp up faster than expected, etc. E2open acquired BluJay Solutions in May of 2021 for $1.7
Learn the supplychainriskmanagement maturity model stages from Supplier RiskManagement to antifragility. The way that businesses talk about (and manage) supplychains is changing rapidly. Supplier RiskManagement What is Supplier RiskManagement (SRM)?
But in terms of transportation, the impacts won’t just be on fuel prices. FourKites , a provider of real-time transportation visibility solutions, has a big data set around transportation. While rising gas prices drive up the price of transportation, rising natural gas prices also affect global supplychains.
In countless surveys over the past decade, manufacturers and retailers rank “improving supplychain visibility” as one of their top priorities. Yet, despite their focus on this effort and advancements in technology, achieving timely, accurate, and complete supplychain visibility remains an elusive goal for many companies.
DOT Secretary Foxx sends transportation bill to Congress (Logistics Management). As I wrote about earlier this month, I believe many companies will ultimately find opportunities for supplychain innovation at the intersection of Software, B2B Connectivity, and Social Networking. and What defines supplychain advantage?
At the center of Atlas’ product line is Atlas Exchange, a secure document exchange providing a “connect-once, access-all” network, securely linking retailers, manufacturers, suppliers and logistics service providers. We are a transportation company – we are not law enforcement. C-TPAT, Importer Security Filing).
Here are some common risks that can disrupt supplychains: Natural Disasters: Events such as earthquakes, floods, and hurricanes can cause significant damage to manufacturing facilities, warehouses, and transportation networks. Here are some key ways in which business insurance supports supplychainmanagement: 1.
In order to accelerate the learning, this article has gathered 20+ most sought-after supplychain case studies, analyzed/categorized them by industry and the findings are presented. Moreover, the aircraft manufacturers have to do whatever it takes to win the order long before the commencement of production.
Numerous cybersecurity vulnerabilities exist in the maritime transportation system (MTS) when it comes to OT level technologies, products, and systems, from cranes and container management systems to fuel terminals, shipboard controls, navigation systems, buoys, HVAC controls, and more.
Building Security and Resilience: SupplyChainRiskManagement for Critical Infrastructure July 15, 2024 Case Study Table of Contents Introduction Critical functions, such as information and communication technology, energy, financial services, and transportation networks, underline much of our economic and national security fabric.
In manufacturing, IoT sensors ensure that each step of the process is tracked, ensuring that all materials meet required quality standards. Throughout the supplychain, IoT devices monitor products as they move, tracking critical factors including transportation conditions and environmental parameters.
Two recently published studies identify the top disruptions that impacted industry, business and global supplychains during 2024 and our expected to be present in 2025. This data was compiled from Resilincs EventWatchAI , a risk monitoring database provided to customers.
The SupplyChain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Global Wide Production Activity. slipping 2.3
How the War in Ukraine is Impacting the SupplyChain and Raw Material Prices. Increased Prices Resulting from Shortages and SupplyChain Issues. Increased Shipping Costs, Delays, and Transportation Issues. How Labor Shortages Have Hurt the SupplyChain. Dealing with the Shipping Container Crisis.
Is it possible these things have impacted the sourcing, manufacturing, and delivery of my cologne? I may be overly concerned about the receipt of my order, and I do have some safety stock levels with my current cologne, but since the company has not charged my card, it also make me think about economic risk.
New supplychain challenges creating new opportunities : Fundamental shifts in technology are remaking supplychains as we know them, bringing together the digital and physical worlds. Here are some examples: a) 3-D printing is shifting manufacturing to the point of consumption.
Subscribe to SupplyChain Game Changer. SupplyChainRiskManagement is a Cirque Du Soleil Calibre Act! International SupplyChain disruptions article and permission to publish here provided by Adam Smith. In the realm of manufacturing, communications can be a major setback.
SupplyChainManagement (SCM) involves orchestrating a product’s or service’s entire lifecycle, from sourcing and production to delivery. It requires close collaboration across departments, advanced planning tools, and real-time visibility into supplier, warehouse, and transportation data.
Author’s Note: The following is the forward I wrote for a new textbook published by MercuryGate (a Talking Logistics sponsor) on “ Modern Technology for Transportation Optimization ,” which is available for purchase on Amazon.com. The word “optimization” is ubiquitous in the supplychain and logistics industry.
Remember that patent Amazon filed back in November 2013 that envisioned sending 3D manufacturing instructions to a truck equipped with a 3D printer that could manufacture an ordered product while enroute to the customer? Well, the patent was issued last week.
In the document, Gartner positions AIMMS as a key vendor in Prescriptive Analytics – a form of Advanced Analytics that can improve decision making in several areas of the supplychain, including logistics, planning, and manufacturing. End-to-End SupplyChainRiskManagement. Segmented Response.
It is the main measurement benchmark in measuring supplychain performance, isn’t it? Transportation is measured just as a cost rather than what it does for the rest of the organization. Other areas to consider measuring as it relates to transportation: Managing inventory. Read More. . Read More. .
WiseTech claims that their software touches over 55% of global manufactured trade flows is staggering. WiseTech’s goal is to cover 90% of the world’s international manufactured trade flows. Commodity Pricing - Tracking which commodities are being transported, and in what volume, could provide insights into future price movements.
Amazon’s achievements in supplychainmanagement have led consumers to establish an incredibly high bar for timely and accurate product delivery. Crowdsourcing transportation presents a solution for smaller enterprises to compete in this environment. What are the risks and rewards in the current landscape?
While multi-industry logistics, transportation and customer fulfilment teams might have languished with a sigh of relief, they are likely to be aware that this new contract is not a done deal yet. Yet, there is still a reported lag times related to movement of containers to intermodal inland rail or surface trucking transportation.
When Cooper began putting their vendors into the platform, they began to see that with certain product categories there was concentration risk. Many of their suppliers were using the same sub-tier manufacturers. Do you have a contingency plan for transportation emergencies? Do you have a contingency plan for natural disasters?”
To successfully plan the flow through the Autoport you need visibility of inbound cargo, visibility of transportation assets (ships, dock, trains), and a strong model of constraints, including infrastructure capacity, engine availability, and manpower. The post Do your supplychain challenges have you feeling a little snowed under?
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content