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Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. We just finished hosting over 150 executives at our Supply Chain Resource Cooperative, with a theme on Supply Chain Analytics. Here is what I expect to see next year: Global supply chain footprints will continue to expand.

Your Supply Chain to Increase Efficiency and Sustainability

ThroughPut

Reassess Your Supply Chain to Increase Efficiency and Sustainability. To understand why simply look at the supply chain. Any company invested in the global economy depends on its supply chain to be the foundation of the business. How you manage the transformation and transportation of assets in that supply chain ultimately determines the value you create for the world. Storage and shipping costs can quickly cut into profit margins.

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Ship Smarter: How to Avoid Bottlenecks in Your Global Operations

ThroughPut

Ship Smarter: How to Avoid Bottlenecks in Your Global Operations. You can’t just turn around a giant cargo ship. Even at some of the world’s best supply chains, redirecting chemicals and other products is a Herculean effort. And when shipping to volatile countries, it becomes even harder. companies with global operations, one of the most effective ways to mitigate risk is to ship smarter. I’ve been in supply chain management for more than a decade now.

The Pros and Cons: International and Domestic Sourcing

Unleashed

Low-cost country sourcing is a procurement strategy that falls under a broad category of procurement efforts called global sourcing. This strategy involves a country from a high-cost country area — typically US, UK, Canada, Australia, and West European nations — purchasing materials from resource-rich low-cost countries; think China, India, Indonesia, Bolivia, Brazil, Russia, Mexico, and East European nations. Shipping costs.

How to Plan for Common Disruptors in Ocean Freight

Talking Logistics

Peak season for ocean freight shipping is underway. That can make it difficult to meet your delivery times unless you take proactive steps now to minimize the risk in your supply chain. Here’s an easy way to think about the regular and potential future disruptions that could impact your ocean shipping strategy, and what you can do to prepare for what comes next. At these times of the year, you should see less risk to your standard ocean shipping strategy.

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I Will Be Wrong Again: Supply Chain and Logistics Predictions for 2017

Talking Logistics

This is not only true for financial investments, but also for supply chain and logistics predictions. Like I said last year, making supply chain and logistics predictions is like throwing darts at a moving target: sometimes you get lucky and hit the mark; other times you miss the bullseye by a mile. Here’s one of my predictions for 2016 that hit the mark: Blockchain Technology Will Make Its Debut in Supply Chain Management.

Growing the logistics network means building partnerships with the right people

Supply Chain View from the Field

This involves direct shipping of products to distributors, which allows you to generate savings. This strategy allowed us better reach to our customers, by using existing distributors who already have a presence in countries like India and Russia. The only way to do that effectively is to eliminate touch points into the supply chain going in to that country – what we call the direct chain.

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Your Supply Chain to Increase Efficiency and Sustainability

ThroughPut

Reassess Your Supply Chain to Increase Efficiency and Sustainability. To understand why simply look at the supply chain. Any company invested in the global economy depends on its supply chain to be the foundation of the business. How you manage the transformation and transportation of assets in that supply chain ultimately determines the value you create for the world. Storage and shipping costs can quickly cut into profit margins.