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The new year has arrived and so has the new wave of noteworthy news coming out of the supplychain space. A first-of-its-kind research project was published by the FAIRR Initiative, addressing human rights violations and overfishing in the seafood supplychain. As the year marches on, you can count on weekly updates here!
For years, supplychains were engineered to be lean. Recent years have brought a series of disruptions that exposed vulnerabilities in how supplychains are designed. Recent years have brought a series of disruptions that exposed vulnerabilities in how supplychains are designed.
For over a decade, since founding SupplyChain Insights in 2012, I have pounded the keyboard, asking business leaders to think more holistically about the impact of supplychain decisions on the firm’s value, the improvement of a value chain, and the impact on the environment. Thirteen years. The reason?
Spend Matters recently released their Spring 2025 SolutionMap for RiskManagement , and we’re pleased to share that Resilinc has maintained a strong position ahead of competitors in the SupplyChainRiskManagement module. customer satisfaction score.
Over the years, working for and with numerous manufacturing companies, I’ve seen many supplychain practices that cost companies money. Reason #3 Not having end-to-end supplychain visibility. Reason #4 Making key decisions by modelling the supplychain in Excel. Reason #6 Not effectively managing inventory.
Procurement and supplychainmanagement are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. In this blog, we cover the key differences between procurement and supplychainmanagement, and explain where the biggest disconnects typically occur.
The Covid-19 pandemic tested the global supplychain. While prior riskmanagement disruptions occurred and quickly established a new normal, in the COVID-19 pandemic, the only normal is constant change. Here, based on interviews with supplychain leaders, I share lessons learned. What are functional metrics?
Life for the supplychain leader is more complex. At conferences, I hear many discussions about riskmanagement and control towers. At conferences, I hear many discussions about riskmanagement and control towers. We are living in a world of rich supplychain case studies. Baby formula.
Naturally, to take advantage of this opportunity, you will need a well-functioning supplychain, which you happen to have. But there are some risks. Do you think that your supplychainmanagement is good enough for this market? Without a doubt, managingsupplychain is nothing but easy.
Supplychain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. Healthcare providers are leveraging efficient supplychains to ensure critical supplies reach patients when needed most.
Ever feel like your supplychain is a tangled mess of spreadsheets, frantic phone calls, and last-minute scrambles? It’s the key to transforming your supplychain from a source of frustration into a well-oiled, profit-generating machine. You’re not alone. That’s where data analytics comes in.
This is part two of the Top 10 Metrics to Track and ManageRisk in the SupplyChain article. Disruption is nothing new to supplychain professionals. The post Top 10 Metrics to Track and ManageRisk in the SupplyChain – Part 2 appeared first on Transportation Management Company | Cerasis.
Under the current COVID-19 global pandemic, managingrisk in the supplychain has taken on a renewed importance. Procurement teams continue to struggle with finding available suppliers and shipping capacity to enable supplychain responsiveness. As a.read More.
SAP touts “best-run companies” while the Accenture ads claim “ high-performance supplychains.” I am a nomad, searching for a good definition of supplychain excellence. It is a quest and the subject of my next book, Metrics That Matter , that will publish in September, 2014.
Supplychain resiliency and sustainability are top priorities for CEOs today. To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supplychains to collaborative supply networks and actively design their supplychains.
Their goals were lofty, but their understanding of supplychain planning was hazy. In 2006, they made a decision to implement a supplychain planning solution. Management and planning of the entire network against a value network strategy. Integration of corporate social responsibility metrics in planning.
Acronyms abound when it comes to supplychain. ESG reports can help investors make informed business decisions by identifying companies with less financial risk and avoiding those that may be impacted by stricter ESG metrics. Over the last few years, another acronym has been showing up on the radar: ESG.
In this blog post, I share insights from Michael Corbo, the head of supplychain at Colgate. I am responsible for the supplychain processes that deliver the goods and services to the shelf globally. I am responsible for the supplychain processes that deliver the goods and services to the shelf globally.
Digital Twin from Infor Nexus Drives SupplyChain Agility. When it comes to driving supplychain agility there are several solutions that are important, but the key solution is a Multi-enterprise SupplyChain Network (MSCN). But even in more normal times, a supply plan usually can’t be fully executed.
Recognized as a leader in her field, Erika has been honored with the CISO’s Top 100 Accelerated CISOs Award (A100) and the 2024 Women in SupplyChain Award in the DEI Pioneer category. Erika holds a Ph.D.
Supplychainriskmanagers have a dilemma. Journalist Thor Benson reports that tuning out bad news might be good for their mental health; however, riskmanagers know tuning out bad news wouldn’t be good for business. As such SupplyChain senses must always be on high alert!
If you’re a supplychain or logistics executive and you’re looking for ways to improve as a leader this year, here are my five recommendations: 1. Ask “What are the risks?”more Supplychainmanagement is risky business — and the risks are growing every day. more often. The same is true for CEOs.
The average SupplyChainmanagement professional measures their SupplyChain by reviewing cost reduction. Is cost reduction all that there is in measuring SupplyChain performance? 3 Key Metrics for Measuring SupplyChain Performance Beyond Cost Reduction. Isn’t time important?
There are numerous indications that supplychain is more critical than ever. Results from The Conference Board’s C-SUITE OUTLOOK survey showed supplychain disruptions, labor shortages, and rising inflation to be 3 of the 5 high impact external factors on the minds of CEOs. More to come!
by John Westerveld Over the years, working for and with numerous manufacturing companies, I’ve seen many supplychain practices that cost companies money. Reason #3 Not having end-to-end supplychain visibility. Reason #4 Making key decisions by modelling the supplychain in Excel.
Megatrends Shaping SupplyChain Innovation. While the COVID-19 pandemic woke up supplychains around the world, the ripple effects continue to disrupt in both size and scope. How are supplychains planning for further disruption and uncertainty? Creating a more resilient supplychain.
Breaking Boundaries: Exploring Generative AI’s Impact on SupplyChainsSupplychains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution.
It is the basis for many recent developments in management. The traditional supplychain leader focused only on cost reduction. Snow fell last night as I worked on my last SupplyChainMetrics That Matter report. Cash-to-cash is a compound metric. Sounds good? Think again. ” Let me explain.
According to a July 2014 supplychain research study from Accenture focused on Big Data and supplychainriskmanagement, most organizations have high hopes for using big data analytics in their supplychain but many have had challenges in deploying it.
This leap in AI capabilities is revolutionizing industries, and AI-driven supplychainmanagement is no exception. Agentic AI takes this a step further by enabling autonomous supplychain systems. Enhances AI-driven supplychain resilience. Here are some leading innovators in this space: 1.
Over the years, working for and with numerous manufacturing companies, I’ve seen many supplychain practices that cost companies money. Reason #3 Not having end-to-end supplychain visibility. Reason #4 Making key decisions by modelling the supplychain in Excel. Reason #6 Not effectively managing inventory.
Supplychain reports offer a comprehensive view of your entire supplychain operation. What are SupplyChain Reports? However, implementing inventory management techniques such as ABC analysis and safety stock to optimize stock levels and minimize the risk of stockouts.
SupplyChain Insights recently published a Metrics That Matter report covering both the Semiconductor and Hard Disk Drive (HDD) industries. Notice in the SupplyChain Insights report, there are only two HDD companies. Semiconductor is poised to consolidate, which will have huge impact on the metrics.
A large multinational is undergoing an impressive supplychain transformation that will run through 2023. A Complex SupplyChain. Not surprisingly a company this big, delivering different solutions to a variety of industries, has a complex supplychain. Comand and Control Center Application from Kinaxis.
SupplyChain Disruptions: A Survival Guide. Do you feel supplychainriskmanagement is too complicated to implement? This article will show you how one of the worlds leading companies put a theory into practice and survive many supplychain disruptions. Gather around! Literature Review.
In the digital world, traditional broad-brush marketing programs become less effective, but have residual effects on the supplychain of higher demand error and increased complexity. When it comes to risk, this impact is not trivial. This table is from our SupplyChains to Admire analysis, and the Index represents improvement.
Today, nine out of ten supplychains are stuck. Despite two decades of advancement in supplychain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. Market volatility is increasing and supplychains can respond, but they cannot sense.
Last week in the middle of a presentation, a supplychain leader made the statement, “We have solved the issues in supply through better optimization and use of data. Many supplychain leaders are so convinced they know the answers that they have stopped listening and learning. The issue is demand.
Consider this your business suddenly faces a major supplychain disruption. But the truth is, a fragile supplychain can make or break your companys success in today’s world. But the truth is, a fragile supplychain can make or break your companys success in today’s world.
Reimagine SupplyChain of the future: There are many facets to imagining SupplyChain of Future. What are the learnings from Covid disaster that leaders will incorporate into future supplychains? Let us study major highlights of SupplyChains of the future. . — Jeff Bezos, CEO, Amazon.
Procurement and SupplyChainManagement are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supplychain focuses on service and procurement focuses on the cost of acquiring materials and services.
This past month I attended our SupplyChain Insights Bootcamp training led by Lora Cecere in Philadelphia and facilitated the first course of a Cross-Company Academy training, End-to-End SupplyChain Orchestration. End-to-End SupplyChain Maturity Stages. What does it look like if your supplychain is good?
The business landscape is constantly evolving in today’s world, and supplychainmanagement stands as a cornerstone of operational efficiency, customer satisfaction and overall business success. The ultimate goal of any planning process is to make high-quality decisions that enhance supplychain efficiency and performance.
.” The rules have changed, and the risk increased. For the supplychain leader it is not a game… The stake is business continuity. Gamers do well in the world of supplychain. Designing value networks and managing what-if conditions is fundamental to managingsupplychainrisks.
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