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New online insight hub revealed to increase intelligence resources for supply chain decision makers

EFT

The Insight Hub doesn’t just give us an opportunity, for the first time, to house all this industry leading content in one place, it also gives us the scope, resources and platform to create, commission and curate a far broader collection of business-critical intelligence than ever before. In addition, you can’t really understand the full picture of supply chain risk without listening to a webinar we ran entitled: COVID-19: Implications on Inventory Planning, Sourcing and Procurement.

Effectively Manage Foodservice Supply Chains During Disruptions

CH Robinson Transportfolio

This added area of focus can leave many operators feeling strapped for time and resources. Today, many in the restaurant industry take advantage of outsourcing to lower resource costs, increase efficiency, and gain greater expertise.

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The Disintermediation of the Supply Chain!

Supply Chain Game Changer

A truly efficient and effective Supply Chain must include a strategy, plans, business processes, and performance metrics that incorporate disintermediation and the elimination of waste! Think about the typical set of objectives and metrics associated with managing a Supply Chain. Drop shipping is another example of eliminating unnecessary and redundant material movement and transportation. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Want Success?

Outsourcing Sourcing! 5 Lessons from Around the Globe!

Supply Chain Game Changer

Check out What is Virtual Procurement and Why Should You Care? Large companies can afford to have Strategic Sourcing Procurement staff around the world. Even if it is not their core competency they can justify creating an internal organization and infrastructure, along with the relationships, processes, systems and resources needed to run this kind of sourcing operation. Your in-house Procurement team must proactively manage your Outsourced Sourcing partner!

Top 5 Trends to Know to Compete with Amazon’s Supply Chain

Cerasis

Technology Will Reshape Procurement Practices. Better procurement practices translate into better overall sales, but the role of procurement in driving sales’ statistics will change throughout 2017. Today, procurement drives up to 67 percent of sales, explains Johnathan Webb of Forbes magazine, as procurement professionals look for innovative ways to produce effective, superior products. Procurement strategy was not always evident.

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The Top 5 Transportation Management Blogs of 2016 …So Far

Cerasis

Maintaining the best possible fleet for your shipping needs requires vigilance and the tracking of specific measures across their performance. Yet, all metrics and scorecards are not equal, and you need to know what metrics should be included in your carrier scorecard. The Top 10 Most Common LTL Shipping Mistakes Made by Shippers. According to Joe Lynch , shippers face many challenges and problems in LTL shipping.

The Supply Chain Detective™: The Case of the Unpaid Invoices!

Supply Chain Game Changer

They themselves were confused over the number of aged invoices, the amounts, the metrics, the issues preventing payment, the critical parts being held hostage by suppliers in exchange for payment, the problems preventing payment, processes, and responsibilities. Quantity differences between the PO and invoice based on either MOQ differences or the Supplier over/under shipping relative to the PO. Subscribe Here! Email Address. Check out The Supply Chain Detective!

2020 Requires Big Wings and Feet

Supply Chain Shaman

No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. Examples include first pass yield, schedule adherence, hands-free orders, orders shipped complete, and minimization of waste. 5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance.

How Gen Z's Consumer Expectations Drive New Supply Chain Trends

AFFLINK

Gen Z has grown up with two-day and same-day shipping. This has driven many companies to engage in last mile shipping services: rather than shipping to stores, more companies are having to ship directly to consumers. Many companies have started using resources such as Amazon FBA (Fulfillment-by-Amazon) as a way to offload these last mile shipping needs. Large stores are seeing failing metrics for this reason. Generation Z is coming of age.

How to Capture Full Divestiture Value with a 3PL

Talking Logistics

In support of a corporate divestiture, an experienced 3PL provider can offer a myriad of benefits, including: Immediate expertise and support in areas where a divested company has lost talent and insight; Valuable carrier relationships and advanced knowledge for optimizing supply chain performance; Input on best practices that have been gleaned from similar transitions with other shippers; Assistance with rapidly evolving shipping requirements, domestic and international; and.

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What Makes a Mature Planning Organization? (Part 2)

Supply Chain Shaman

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. More advanced supply chain leaders model the role of complexity (product and customer), the impact of risk, and opportunity of innovation as well as product shipping and manufacturing locations, and inventory policies. Metrics Alignment. Yesterday, I finished a post on supply chain planning maturity.

The Beginner's Guide to Inventory Control and Management

Supply Chain Opz

Here we will try to answer most common questions about Inventory Control and also provide additional resources you can use. It can be defined as below, “Sales and Operations Planning (S&OP) is an aggregate planning process that determines the resource capacity a firm will need to meet its demand over an intermediate time horizon—6 to 12 months in the future. Order Fill Rate is the hardest metric because you have to ship every item in the same order at the same time.

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

It helps coordinate the various supply chain activities, which include the complete range of procurement, development, implementation, commercialization, and delivery of the goods or services to the market. With the help of a sound Logistics Management Software, manufacturers can effectively manage the multifaceted process involved right from the production cycle to the delivery of raw materials to shipping the finished products to the consumers.

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

It helps coordinate the various supply chain activities, which include the complete range of procurement, development, implementation, commercialization, and delivery of the goods or services to the market. With the help of a sound Logistics Management Software, manufacturers can effectively manage the multifaceted process involved right from the production cycle to the delivery of raw materials to shipping the finished products to the consumers.

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

It helps coordinate the various supply chain activities, which include the complete range of procurement, development, implementation, commercialization, and delivery of the goods or services to the market. With the help of a sound Logistics Management Software, manufacturers can effectively manage the multifaceted process involved right from the production cycle to the delivery of raw materials to shipping the finished products to the consumers.

Insights from Elemica reveal 2014 Frankfurt

Talking Logistics

I also moderated a panel discussion with Michael West, Global Logistics Excellence Manager at Syngenta , and Cindi Hane, VP of Product Management at Elemica, where we discussed (among other topics) the right metrics for measuring the value of SCONs, how to get people to move away from “the way we’ve always done things” to working in new and different ways, and the impact regulations are having on logistics processes.

Embedded 3PL Relationship: What is it & Why is it Vital to Ultimate Shipper Success?

Cerasis

The embedded representative helps solidify the 3PL relationship with the shipper/customer, or even futher, in the case of inbound shipping practices, the embedded company representative at the Supplier. Contract terms need to change since the 3PL is committing uncompensated resources to managing the relationship and investing in innovation. Procurement can have a supplier embedded in their location as well.

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Excess and Obsolete Inventory: You’re All Responsible for It!

NC State SCRC

The Supply Chain Resource Cooperative held its first ever “Executive Roundtable on Excess and Obsolete Inventory” on the NC State campus on October 25, 2017. For example, Huawei had a component engineering team reporting into procurement, and they were responsible for dicating components that went into every line of business to ensure maximum flexibility for usage of parts.

50 expert warehouse optimization tips and techniques

6 River Systems

Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery. Implementing the right technologies, such as collaborative mobile robots , can help to optimize resource management and improve productivity. Where is your picking operation located with respect to shipping and product storage? Partner with several shipping providers to provide your customers with shipping options.

What Is Driving Interest for a Warehouse Management System in the Cloud?

Veridian Solutions

Since an on-premise solution is limited by the internal IT resources of your company, it may not be possible to expand its functions and size to meet increased e-commerce and omnichannel demands. Since modern supply chain technologies can speed order fulfillment and shipping, technical limitations amount to poor customer service and limited, if any, visibility. Traditional WMS simply told the company where a product was and when it would ship.

How to Get a Job in the Supply Chain Sector

Logistics Bureau

While this article is intended as an evergreen resource, to help you navigate in your search for a supply chain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality. Human Resources Personnel. Procurement Analyst.

What Is Driving Interest for a Warehouse Management System in the Cloud?

Veridian Solutions

Since an on-premise solution is limited by the internal IT resources of your company, it may not be possible to expand its functions and size to meet increased e-commerce and omnichannel demands. Since modern supply chain technologies can speed order fulfillment and shipping, technical limitations amount to poor customer service and limited, if any, visibility. Traditional WMS simply told the company where a product was and when it would ship.

Why Operations Managers & Entrepreneurs are fighting the same battles

ThroughPut

Nothing was really in our control, and we had to make it work with existing teams & existing resources in our existing situations (during invasions, offshore on a ship, knee-deep in Oklahoma mud & the usual). If you want these results, then I need these resources,” were my exact words, after some statement along the lines of “needing to be reborn”. The only real metric that ticks for an Entrepreneur is burn rate. Summer is almost over.

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6 Common Supply Chain Mistakes and How to Resolve Them

AFFLINK

The cost of recovery from a disruption in procurement management depends on factors such as supply source, volume, manufacturing location and inventory. A group purchasing organization typically finds that it spends 80 percent of its budget on their top 20 suppliers, and they also organize other resources such as time by spend. The fundamental challenge in shipping for supply chain managers is the requirement to wait until all parts are present before shipping the product.

This Week in Logistics News (February 18-22, 2013)

Talking Logistics

CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. FedEx Helps Small Businesses Streamline Shipping with fedex.com Integration Manager. Mexico shipping, which is particularly timely as more companies locate manufacturing and distribution operations in Mexico and the need for capacity and reliable cross-border shipping services accelerates.

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21 logistics experts share the most important ingredients in developing an effective logistics strategy

6 River Systems

This strategy particularly applies to international shipping, where rates vary wildly. Establishing relationships with reliable shipping companies will allow you the freedom to count on them to charge you the correct rate for the country you’re delivering to.

The Top 10 Transportation Management Systems

The Logistics of Logistics

Perks of the cloud format include less physical IT infrastructure, increased accessibility, reduced operation costs through improved routing and real-time visibility of shipping processes. It also offers Logistics Procurement apps to negotiate competitive contracts in a network as well as the JDA Transportation Manager, Modeler and Planner which syncs up planning and execution stages, models experimental transport networks and maximizes use of assets.

The Last Mile Really Does Begin with the First Pick From Your Warehouse

Veridian Solutions

The process continues until the order ships. How Procurement Contributes to Improved, End-to-End Supply Chain Efficiency. Even those with limited technologies and resources can take advantage of APIs and back-office supportive services, accessible via the internet, to increase visibility within their operations. As a result, warehouses gain visibility into inbound logistics, including the full scope of metrics and KPIs to track and manage supplier performance.

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. Wait and See” – make intangible resource commitments. Proactive” – Tangible resource commitment in fixed assets, to permanently redesign supply chains. My first Monday in, I asked for a full report of all our supply chain metrics, and my analyst told me he could get it to me by Friday.

We Need Supply Chain Immunity, not Resiliency: A Position Paper

NC State SCRC

After all, supply chain management is about getting things moving, and that applies not only to roads, airports, and ships, but to how we think about getting things to people. Not only were we not prepared, but our previous strategies had left us crippled by overseas supply chain dependencies, often accrued through the pursuit of low cost procurement.

28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

There are so many potential issues that can impact a supply chain to cause delays (such as fluctuating availability of raw materials, hold-ups in customs, adverse weather, staffing problems, political issues, procurement problems, changes in legislation and so on) that being able to realistically foresee and safeguard against each of them will only ever be partially successful, and it takes up a lot of resources. Metrics such as Perfect Order Rate tell businesses a lot.

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

6 River Systems

To survive the increasing customer demands you need shorter lead times and faster shipping and delivery times. It will also track your goods right from the moment an order is received, its journey through the supply chain until it leaves the warehouse for shipping. She is a global executive with a wealth of experience in leading procurement operations, business outsourcing, transformation and technology across industries.

50 expert tips on logistics planning and strategy

6 River Systems

Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. “A 3PL can provide a range of fulfillment services, from setup, to shipping, to customer service. “By keeping an eye on these warehousing metrics, you can map out an error-resistant fulfillment process that moves from order to delivery as efficiently as possible.

Why Operations Managers & Entrepreneurs are fighting the same battles

ThroughPut

Nothing was really in our control, and we had to make it work with existing teams & existing resources in our existing situations (during invasions, offshore on a ship, knee-deep in Oklahoma mud & the usual). If you want these results, then I need these resources,” were my exact words, after some statement along the lines of “needing to be reborn”. The only real metric that ticks for an Entrepreneur is burn rate. Fall has begun.

Iraq 40

Quality Improvement in Manufacturing: Relief for Operations Manager

ThroughPut

Nothing was really in our control, and we had to make it work with existing teams & existing resources in our existing situations (during invasions, offshore on a ship, knee-deep in Oklahoma mud & the usual). If you want these results, then I need these resources,” were my exact words, after some statement along the lines of “needing to be reborn”. The only real metric that ticks for an Entrepreneur is burn rate. Fall has begun.