Supply chain risks: The knowable unknowns that can hurt your supply chain!

Kinaxis

An extreme example of this is a ride from Chicago to Colesburg, Tennessee taking 18 days, 13 hours, and 57 minutes! However, did you know there are enough lead time problems lurking in your current supply chain operations that go completely unnoticed? These are the “knowable unknowns” that can hurt your supply chain performance. For example, let’s say you modeled the lead time from “supplier A” to your manufacturing facility as 7 days.

Visibility in Transportation Management Leads to Supply Chain Excellence

Talking Logistics

With visibility as the key driver for an effective supply chain improvement strategy, businesses today must rely on building collaborative relationships in their extended supply chains to gain visibility from end-to-end. And as supply chains continue to grow, diversify and become increasingly global, total insight, oversight and foresight will become increasingly critical. End-to-end supply chain visibility is a key to becoming a demand-driven enterprise.

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XX and XY: A Different World in Supply Chain

Supply Chain Shaman

I jeopardized the release date of the book by taking an extra three months to finish the Supply Chain Index work. He is trying to figure out the answer to these questions: What defines supply chain excellence? Since supply chain can be a bit boring, I made it into a narrative. Why, I thought, would Kinaxis be interested in doing a webinar on women in supply chain? Big Data Supply Chains.

31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

Cerasis

Many off-shore manufacturers have returned to the U.S., Those changes, along with high costs of transporting materials and finished goods to and from overseas locations, make the value of reshoring likely to become a compelling financial reality for many manufacturers. manufacturers hurried to produce off-shore, believing significant cost reductions and huge profits would follow. 70% of manufacturers indicate that volatile energy costs are a major concern.

Is the Food Supply Chain Breaking?

Enterra Insights

It has also underscored the importance — and brittleness — of global and national supply chains. Recently, John Tyson, Chairman of the Board at Tyson Foods, published a full-page ad in several newspapers asserting the food supply chain is breaking. This means one thing — the food supply chain is vulnerable. Trouble in the supply chain. ”[3] Food Dive is tracking the status of operations of major manufacturers’ plants.

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Becoming a High Performing Sense and Respond Enterprise: End-to-End Supply Chain Visibility is Key

Talking Logistics

As supply chains extend globally, they become more complex. The flow of supplies, finished goods, and information are widely distributed, presenting significant challenges across a manufacturer’s entire supply chain network of customers, suppliers, and logistics providers. For success, companies need to gain visibility into this complex supply chain network to collectively sense and properly respond to changes in supply and demand.

A Brief History of the Founding of the Supply Chain Resource Cooperative (SCRC)

NC State SCRC

That may sound somewhat unoriginal, but believe me, I’ve seen a lot of work and research that has very little to do with the real-world problems that face supply chain executives. By watching him, I learned how faculty can bring a rigor to studying business problems, that isn’t always present when people are making supply management decisions. A lot are more famous (Harvard, MIT, Tennessee).

4 Reasons for the Supply Chain Talent Shortage

Elementum

As the true determiner of whether a business sinks or floats, supply chain needs a workforce composed of smart, talented people. But why is it so hard to attract the best of the best to a career in supply chain? “We’re We’re like Rodney Dangerfield—we don’t get no respect,” says Professor Yossi Sheffi, a Professor of Supply Chain Management at MIT. The global supply chain is a $26 trillion per year industry, and it’s only getting more complicated.

Who Should Be In The Winner’s Circle?

Supply Chain Shaman

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. Now in its seventh year, in the analysis, I learned a lot about the impact of supply chain choices on balance sheet performance: -Not Straightforward.

Experts Suggest How to Slash Supply Chain Risk Properly

Supply Chain Opz

Developing supply chain risk mitigation strategy can be a time consuming task. Christopher Tang, Distinguished Professor, UCLA Anderson School and Editor-in-Chief of the INFORMS journal Manufacturing and Service Operations Management (M&SOM) As supply chains become more complex, companies find their supply chains more vulnerable to both foreseeable uncertainty risks and unforeseeable disruption risks.

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Disruptive Times Require Adaptive Supply Chains

Enterra Insights

New business models are constantly challenging more traditional ones and supply chains need to adapt to these changing conditions. In particular, the supply chain is ripe for innovation. The future of the supply chain. Supply chain transformation is not a new phenomenon. Supply chains have been around since people realized they had things worth trading. Some beneficial outcomes of supply chain transformation.

Three Ways to Ensure Resilient Supply Chains

Arena Solutions

The lines and shortages at supermarkets have introduced the challenges of supply chain disruption to virtually everyone. Panic buying has made it hard to find toilet paper, cleaning supplies, masks, gloves, groceries, and protective equipment as consumers purchase beyond their immediate needs. While supply chains are still functioning, many cannot suddenly meet the increased demand that has outpaced normal consumption or the shutdowns.

How to Enhance Sustainable Supply Chain Efforts through Transparency

Material Handling & Logistics

"No longer can supplier issues like child labor utilization, product contamination, sweatshop factory conditions, polluted waterways, or toxic spills be ignored, (to name just a few types of concerns that have been showcased in recent years) be ignored by major manufactures or remain hidden from the broader public," says University of Tennessee study. Global Supply Chain News

What is Supply Chain Compliance and Why is it Important?

AB&R

The great news about supply chain compliance is that AB&R® makes it a breeze. Supply chain compliance may include things such as employee labor laws, hazardous material handling, and environmental concerns. But, in this article, our focus for supply chain compliance touches on the importance of barcode and labeling requirements. Labels and Supplies. A compliant barcode is just the first step to supply chain compliance. Tennessee.

Building Lean Supply Chain: The Executive's Guide

Supply Chain Opz

Have you ever wondered how to implement a lean supply chain successfully? Executive Director of the Global Supply Chain Institute at the University of Tennessee is here with us. Then, he brings decades of experience and will show you how to make lean supply chain works. manufacturing in the 1990’s. From there, Lean concepts escaped the confines of the factory with the Lean philosophy now being used throughout the supply chain.

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Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection

Kinaxis

by Dr. Madhav Durbha Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection. Lead times are in weeks and months in cases where manufacturing is outsourced to firms on the other side of the earth. Linear supply chains as we know them are turning into supply networks with more players and parties than ever before. Given all this, one would think that supply chain risk management is more prominent now.

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

NC State SCRC

Our 40 th Bi-Annual Supply Chain Resource Cooperative meeting was a great success, culminating with the student gallery walk, featuring 27 undergraduate and MBA supply chain projects. I kicked off the meeting with an overview of the current dilemma facing supply chain executives, given the uncertainties of tariffs with China, Brexit in the UK, and the disturbances in Hong Kong and the Middle East that create a path with many risks in every direction.

25 supply chain experts reveal the best tactics to optimize a supply chain

6 River Systems

If you’re spending too much to meet consumer demands, experiencing delays in getting products to end customers or production disruptions, it’s time to focus on optimizing your supply chain. From raw materials sourcing to warehouse operations , logistics technology , order fulfillment and beyond, there are dozens of points throughout the supply chain, all of which contribute to overall supply chain efficiency.

Showcase Your Company's Supply Chain Excellence — Three Days to Submit

Supply Chain Brain

Submissions consist of case studies describing your company's supply chain innovation that emphasize innovative and measurable results. Finalists are asked to present their case studies at CSCMP's 2018 EDGE Conference in Nashville, Tennessee. Join today for the opportunity to showcase your innovation to a global community of supply chain leaders. Learn more by reviewing the Supply Chain Innovation Award submission guidelines.

Kraft Foods Names Daniel Myers Executive Vice President, Supply Chain

Supply Chain Network

Kraft Foods (NYSE: KFT) announced today (June 30th) that Daniel Myers will join the company in September as Executive Vice President, Supply Chain. Myers, 56, will lead the functional groups that make up the company’s integrated supply chain, including Procurement, Manufacturing, Engineering and Customer Service and Logistics. Myers earned his Bachelor of Science degree in Chemical Engineering from the University of Tennessee.

4 Reasons for the Supply Chain Talent Shortage

Elementum

Professor Yossi Sheffi, a Professor of Supply Chain Management at MIT, chuckles when I ask him why there’s such a shortage in supply chain talent. He, like a number of supply chain professionals I spoke to over the past month, was lamenting the fact that the term “supply chain” doesn’t do a great job of suggesting the complex work involved in running the manufacturing, movement, and storage of a product.

All-in-one Supply Chain Software for ASCs

Hybrent

Value-based care requires healthcare providers to have laser-like focus on costs, supply chain leaders at physician offices and ambulatory surgery centers (ASCs) must get a handle on how much they are spending on products, and find savings whenever possible. “It It is no longer prudent for physician offices or ASCs to have an unwieldy supply chain,” said Ken Tighe , CEO of Hybrent. “It Surgery centers with multiple locations require a standardized supply chain process.

Three Common Supply Chain Weaknesses And Strategies To Overcome Them

Bristlecone

On their face, supply chains sound straightforward. The larger the enterprise, the more complex a supply chain becomes. Conversely, the more localized the business, the less complex the supply chain. In today’s global economy, supply chains include all the people, systems, vendors, suppliers and processes involved in designing, making, selling, inventorying, shipping and delivering a product. Identifying the main pain points along the chain.

Pandemic success stories: What can be learned from these triumphs?

USC Consulting Group

One of the manufacturers that was able to take advantage of this change in people’s workout habits was Peloton. As is frequently the case when demand outstrips supply, Peloton was unable to ship orders to customers in as timely a manner as they do normally. Sales surge for disinfectant suppliers and manufacturers. The steady, daily drumbeat of negative news in March and April was hard to ignore.

[INFOGRAPHIC] Manufacturing Innovation Hubs Revitalize American Manufacturing

Cerasis

supply chain. Since 2011, the federal government focused on changing this paradigm and made American manufacturing a priority. Under the guidance of the Department of Commerce/NIST , they developed an infrastructure with dedicated funding to rebuild our manufacturing sector. government is following suit by establishing a network of manufacturing innovation hubs throughout the country. manufacturing.” supply chain, and reduce acquisition costs.”.

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

The world of supply chain and logistics is changing every day. Each one is featured as having done something unique to reinvent their supply chain and logistics. In addition to cutting the need for outsourced manufacturing, this move could give the company a leg up on the competition by making it possible to get products in the hands of consumers faster. Additionally, the company’s manufacturing expertise will enable the reduction of production costs.

Driverless Trucks: Heading Somewhere or Nowhere Quickly?

Talking Logistics

Today, there are 8 states in the country, including Nevada, California, Michigan, Florida, North Dakota, Tennessee, Utah, and Arizona that are allowing the testing of self-driving vehicles on certain roadways.”. Vehicle performance guidance uses a 15-point Safety Assessment to set clear expectations for manufacturers developing and deploying automated vehicle technologies. Will there be a future for driverless trucks in logistics?

Supply Chains on the Other Side of Crisis

Enterra Insights

‘The supply chain is creaking around the world,’ James Quincey said in an interview on CNBC.”[1] food supply chain was breaking.[2] 2] For years, however, supply chain professionals have worked hard to make their supply chains resilient. Resilient supply chains will emerge in better position to take advantage of post-crisis recovery. ”[3] He offers five tips to help supply chain professionals right now.

This Week in Logistics News (July 14-18, 2014)

Talking Logistics

UPS Capital – Sponsored Study Shows Supply Chain Risk Mitigation Strategies Lacking. Penske Logistics Joins CargoNet to Enhance Supply Chain Security. 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.

Major organisational and cultural changes lie ahead for SCM

Supply Chain Movement

Recent european and international supply chain management conferences have been primarily characterised by their focus on strongly emerging trends and their impact on companies’ supply chains. apparently, supply chain professionals have not yet reached the end of their journey towards adding value for customers – there is still much to be done in terms of organisational and cultural change.

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Your Next Pair of Gap Jeans May be Delivered with the Help of a High-Tech Robot

Supply Chain Nation

Friday in 5 – interesting news bits from around the supply chain horn, served up in one spot to keep you up to date. percent) as a trial customer in one of its Tennessee warehouses. Several robot analysts cite Amazon’s $775 million purchase of robot maker Kiva Systems in 2012 as a turning point for retailers and other companies, not just automakers or industrial manufactures, in adopting robots. Supply Chain Amazon AWS cloud Gap robots

Trump’s China Cold War Yields Hard Look at Global Supply Chains

Material Handling and Logistics

During a visit to the manufacturing heartland of Guangdong province in October, Xi reiterated a mantra that China must strive to be self-reliant, especially on innovation. The result of a standoff, Paulson warned in a speech last week at the Bloomberg New Economy Forum in Singapore, was a "moment of change in the global economy" and "unprecedented political pressure on cross-national supply chains.". "I Link - omron-manufacturing-factories-750.jpg.

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Your Next Pair of Gap Jeans May be Delivered with the Help of a High-Tech Robot

Supply Chain Nation

Friday in 5 – interesting news bits from around the supply chain horn, served up in one spot to keep you up to date. percent) as a trial customer in one of its Tennessee warehouses. Several robot analysts cite Amazon’s $775 million purchase of robot maker Kiva Systems in 2012 as a turning point for retailers and other companies, not just automakers or industrial manufactures, in adopting robots. Supply Chain Amazon AWS cloud Gap robots

Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Revenue: $69.217 billion (12 months ending May 31, 2020), $69.693 billion (2019) Headquarters: Memphis, Tennessee, USA CEO: Frederick W. It manages the supply chain for 69% of the Fortune 100 companies.

Outbound Tender Rejections Increase for the First Time Since March Peak

Zipline Logistics

Tennessee, Georgia, Texas, and Florida all still desirable locations for carriers. It is prudent to check with supply chain partners to ensure they are operating as normal in Delaware. If shipping to or from DC, ensure your supply chain partners can handle freight. Manufacturers, construction outfits, vehicle dealerships, and professional services are now operating at 50% capacity. Shippers could face some supply chain difficulty in Maryland.