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To understand what is meant by describing a Master Data Management (MDM) solution as the single source of truth, it’s probably easier to start by looking at the multiple sources of truth that many businesses currently try (and struggle) to manage – namely Supply Chain Management (SCM), Enterprise Resource Planning ( ERP ) and Customer Relationship Management (CRM). Multiple sources of truth creates a lack of clarity. MORE
In September, SCM World released its annual Chief Supply Chain Officer Report based on its survey of over 1,000 supply chain executives across all industries and geographies. Supply Chain Nation sat down with Kevin O’Marah, Chief Content Officer for SCM World, to discuss four key findings of the study. In our final post in this series, launching November 20, O’Marah will discuss how the current trend toward vertical integration will impact out-sourcing. MORE
SCM software article and permission to publish here provided by Irina Kapetanakis. Often offered as a product suite, SCM software platforms offer configurable functionality to address users’ needs. The post Why ERP and PLM are No Longer Standard SCM Software! MORE
The case is also included in an article I have written about the interface between SCM and CSR. In a previous post, I demonstrated how Symrise creates added value beyond corporate boundaries by closely collaborating with vanilla farmers in Madagascar. Watch the following video, which highlights this approach from the perspective of Unilever, a buyer of Symrise’s aromatic compounds. MORE
The digital transformation of supply chain management, more specifically procurement and sourcing functions, is becoming a part of the new normal in business. Recently, I read Magnus Carlsson’s book, Strategic Sourcing and Category Management: Lessons learned at IKEA. The book is a masterful composition and guideline of how a procurement and sourcing organization can start building a quality infrastructure by gaining inspiration from IKEA’s triumphs and failures. MORE
It will be the single best source of software products and domain expertise for manufacturers and retailers. RedPrairie and JDA Software [NASDAQ: JDAS], recognized leaders in enterprise software and services for the extended supply chain, announced today that JDA and affiliates of RedPrairie have entered into a definitive merger agreement. MORE
While this comparison is most commonly associated with benchmarking, it is also part of the reason why more people in the shipping industry are turning to blockchain for supply chain management (SCM). Blockchain SCM is poised to create links between all existing supply chains, even competitors, which allows supply chain networks to function more efficiently and with greater transparency. Why Do Shippers Underestimate Blockchain SCM ? MORE
We are also launching three new projects with MetLife, focused on supplier rationalization, common sourcing processes, and re-thinking travel policies given the plethora of new technologies that are emerging in the marketeplace. An article published in the Wall Street Journal identifies what I have been saying for years now… Supply chain talent is a hot commodity! MORE
Blockchain Allows Brand Owners and Retailers to Trace Source Materials Ahead of Pending U.S. In addition, we see broad applicability across many industries as consumers demand greater visibility and understanding of where products are sourced and manufactured.”. MORE
Current Trends in Production Labor Sourcing Director's Blog Production Labor Sourcing SCM Procurement SCM Research Supply Chain Sustainability UncategorizedThe Supply Chain Resource Cooperative is proud to announce the award of a major research grant ($1.2 MORE
Recently I sat down with Svenne Juul, president of AdapChain, a third party enterprise integration specialist, on how organizations can avoid the common pitfalls during SCM – ERP integration. You may also download the full, on-demand podcast, Avoiding ERP-SCM Integration Pitfalls. (CR): Abstracting the source and target systems in a way that makes them easy to understand is a big help. Then we can work with different sources and targets and just complete the mappings. MORE
In September, SCM World released its annual Chief Supply Chain Officer Report based on its survey of over 1,000 supply chain executives across all industries and geographies. Supply Chain Nation sat down with Kevin O’Marah, Chief Content Officer for SCM World, to discuss four key findings of the study. In this final post in the series, he addresses the shift away from out-sourcing to vertical integration. MORE
Low-cost country (LCC) sourcing is now a commonplace strategy for shrinking bottom line labor and material costs in most consumer products industries, including apparel, footwear, toys, and other manufactured products. The on-going tariffs levied by the Trump administration in 2018 against China has also made this option significantly more expensive for sourcing. MORE
Supply Chain Management (SCM) is the management and oversight of a product from its origin until it is consumed. SCM involves the flow of materials, finances and information. Source: [link] ). Source: [link] ). SCM is the management of a network of all business processes and activities involving procurement of raw materials, manufacturing and distribution management of Finished Goods. Source: [link] ). Source: [link] ). Source: [link] ). MORE
She recruited top tech talent to serve across government and to collaborate on the most pressing issues of the day, from data science, AI and open source, to inclusive economic growth and criminal justice reform. Supply Chain Events best supply chain conference Kinexions scm conference supply chain conference supply chain eventsby Teresa Chiykowski “It is not the strongest of the species that survives, nor the most intelligent that survives. MORE
In the tried and tested playing field of today’s business, efficiency is supreme, and AI comes to Supply Chain Management (SCM) offering just that. A good direction to take would be to revisit your business initiatives and align the new KPIs that would be formed out of this marriage of AI into SCM with the traditional goals of the firm. MORE
The shortage of workers is causing companies to look at non-traditional sources, including individual with a criminal record. Articles Current Trends in Production Labor Sourcing Director's Blog Emerging Issues in Supply Chain Hot Topics Logistics Outsourcing Production Labor Sourcing SCM Research Transportation Planning Warehouse managementA group of executive joined SCRC faculty and staff for a one-day workshop held on February 28, 2019. MORE
What is supply chain management (SCM)? No matter how competent or magnificent your organization is, you still need help from other sources when you need to get mass produce your product. The post What is Supply Chain Management and Why is SCM Important? Let’s say that your company needs to mass produce a chair, it’s unrealistic that you need to grow trees first, right? There are companies […]. MORE
The acronym SCM stands for supply chain management. SCM systems provide a strategic advantage and business insight to companies and their operations. SCM systems tie together and define a plethora of business processes and enable the flow of information between them – in essence SCM is the new business operating model. Today, SCM systems are critical to businesses of all sizes and in all industries for managing their day to day operations. MORE
Companies are now having to source more locally in order to ensure that they can continue to produce for the local market.”. >>Please SCM Map Europe 2014-2015. Visuals AkzoNobel Automotive Buck Consultants close Disney factory Heinz Innovev Lego location map Michael Kors Nedcar Opel Patrick Haex Peugeot-Citroën Phillip Morris production SCM Map Europe total landed cost-to-serve Unilever VDL Volkswagen Slight shift in European networks. MORE
Gartner acquires SCM World, a cross-industry peer network and learning community providing subscription-based research and conferences.”The ”The SCM World acquisition is consistent with Gartner’s growth strategy to invest in developing world-class products and services that help our supply chain clients make the right decisions, every day”, said Gene Hall, chief executive officer, Gartner. MORE
Having spent much of this week on the road, I am still in catch-up mode with emails and phone calls, so let’s go straight to the supply chain and logistics news that caught my attention: Elemica Introduces New Sourcing Optimization Solution. Simply put, as supply chains have grown in scale and complexity, so has the logistics sourcing process. MORE
Director Product Marketing, Oracle SCM Cloud. The challenge here isn’t simply retooling a firm’s SCM software to accommodate a long list of new and upgraded capabilities; it also demands an approach to SCM that embraces constant, fast-paced, and often highly disruptive change as a permanent fixture, not as some kind of passing phase. FREE EBOOK: How to Transform Your Supply Chain Into an Innovation Center: 4 Ways Oracle SCM Cloud Can Drive Enhanced Value From SAP. MORE
Today, John McNamara, SVP Sourcing, Adidas Group, visited me and my SCM students at Copenhagen Business School. He presented a case study about the supply chain processes for t-shirts. It was very insightful and also a lot of fun for my students (and me). Thanks, John, for a great case study and an insightful discussion! Teaching Globalization Supply Chain Management MORE
Then, this article will show you some good resources that will help you handle the complexities in global scm. As a result, issues in global supply chain management such as international trade, international transportation, global sourcing , regulatory compliance, risk management , humanitarian and sustainability won''t go away any time soon. Data Collection What we want to do is to discover some good blogs covering various issues in global scm. MORE
Recently I sat down with Svenne Juul, president of AdapChain, a third party enterprise integration specialist, on how organizations can avoid the common pitfalls during SCM – ERP integration. You may also download the full, on-demand podcast, Avoiding ERP-SCM Integration Pitfalls. (CR): Abstracting the source and target systems in a way that makes them easy to understand is a big help. Then we can work with different sources and targets and just complete the mappings. MORE
Published in 1998, The relational view: Cooperative strategy and sources of interorganizational competitive advantage by Dyer and Singh remains one of the most influential business papers. The four sources of interorganizational competitive advantage identified by the authors are: (1) relation-specific assets, (2) knowledge-sharing routines, (3) complementary resources/capabilities, and (4) effective governance. MORE
The 3 Big Supply Chain Management Trends Surely to Change SCM as we know it Forever. At Cerasis, we have recently wrote a lot of material related to these three core trends and here is a brief highlight from some of the posts we’ve written about these trends: SCM Core Trend #1: Supply Chain Visibility. A trend in dual/multi-sources helps to provide additional supplier sources in the case of any concerns. MORE
More recently, with the rise of interconnected systems, the analytics to derive value from those systems seems, and decreased costs, RFID is resurrecting as a solution for increasing supply chain management (SCM), visibility into processes, and reducing inventory tracking costs. Active Versus Passive RFID Tags in SCM. Both passive and active tags have been a subject of debate in SCM. Instantaneous inventory cycling reduces delays and speeds SCM. MORE
Customer Service: The Source of Supply Chain Innovation. In December’s issue of InBound, editor Keith Biondi cited customer service as the source for supply chain innovation. Technology has clearly driven much change in Supply Chain Management (SCM). I admit both IT and BPR have – and remain – powerful agents of change in SCM. Customer Service: The Real Source of SCM Innovation. H ow You Can Drive SCM Innovation in Your Business. MORE
Being a milestone for our field , the paper analyzes four sources of the bullwhip effect, and it discusses actions to be taken to mitigate the detrimental impact of the bullwhip effect. Have you ever tried to find the most cited paper in supply chain management research? I have done so. For this purpose, I used the term “supply chain” in Web of Knowledge for a topic search. MORE
Doing business with suppliers located overseas or in another country can be an overwhelming and daunting task even for expert Sourcing professionals. But beyond that he had no idea on where to start to source his product. Large companies can afford to have Strategic Sourcing Procurement staff around the world. There are a myriad of processes, controls, conditions and situations that need to be managed to ensure that your products are sourced consistent with your expectations. MORE
It’s important to know the dangers behind SCM-to-SAP integration, and how to avoid them. SAP ERP-to-SAP SCM Standard Integration. Standard SAP ERP-to-SAP SCM integration provides a complex technological starting point for SAP SCM integration. MORE
Then, this article will show you some good resources that will help you handle the complexities in global scm. As a result, issues in global supply chain management such as international trade, international transportation, global sourcing, regulatory compliance, risk management, humanitarian and sustainability won''t go away any time soon. Data Collection What we want to do is to discover some good blogs covering various issues in global scm. MORE
If SCM tech were a summer reading list, Blockchain would be the Twilight trilogy. Source: Accenture. Source: Accenture. QR verification codes, and other sources of product verification, have been reshaping the limitations of logistics transparency for years. Procurement and sourcing may very well be two of the greatest potential areas for impact when talking about blockchain application within supply chain management. Source: Deloitte. Subscribe Here! MORE
An often-heard theme in supply chain management (SCM) and COVID-19 is “data-driven” – being data-driven is the path to success. For SCM demand or customer-driven replaces “science”. MORE
Logility
APRIL 27, 2021
It’s important to know the dangers behind SCM-to-SAP integration, and how to avoid them. SAP ERP-to-SAP SCM Standard Integration. Standard SAP ERP-to-SAP SCM integration provides a complex technological starting point for SAP SCM integration.
SCM Research
DECEMBER 10, 2015
Today, John McNamara, SVP Sourcing, Adidas Group, visited me and my SCM students at Copenhagen Business School. He presented a case study about the supply chain processes for t-shirts. It was very insightful and also a lot of fun for my students (and me). Thanks, John, for a great case study and an insightful discussion! Teaching Globalization Supply Chain Management
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Supply Chain Game Changer
MARCH 25, 2021
SCM software article and permission to publish here provided by Irina Kapetanakis. Often offered as a product suite, SCM software platforms offer configurable functionality to address users’ needs. The post Why ERP and PLM are No Longer Standard SCM Software!
Supply Chain Movement
JUNE 30, 2016
Gartner acquires SCM World, a cross-industry peer network and learning community providing subscription-based research and conferences.”The ”The SCM World acquisition is consistent with Gartner’s growth strategy to invest in developing world-class products and services that help our supply chain clients make the right decisions, every day”, said Gene Hall, chief executive officer, Gartner.
GlobalTranz
MARCH 1, 2018
More recently, with the rise of interconnected systems, the analytics to derive value from those systems seems, and decreased costs, RFID is resurrecting as a solution for increasing supply chain management (SCM), visibility into processes, and reducing inventory tracking costs. Active Versus Passive RFID Tags in SCM. Both passive and active tags have been a subject of debate in SCM. Instantaneous inventory cycling reduces delays and speeds SCM.
Supply Chain Opz
MARCH 21, 2014
Then, this article will show you some good resources that will help you handle the complexities in global scm. As a result, issues in global supply chain management such as international trade, international transportation, global sourcing , regulatory compliance, risk management , humanitarian and sustainability won''t go away any time soon. Data Collection What we want to do is to discover some good blogs covering various issues in global scm.
SCM Research
SEPTEMBER 13, 2014
The case is also included in an article I have written about the interface between SCM and CSR. In a previous post, I demonstrated how Symrise creates added value beyond corporate boundaries by closely collaborating with vanilla farmers in Madagascar. Watch the following video, which highlights this approach from the perspective of Unilever, a buyer of Symrise’s aromatic compounds.
The Logistics of Logistics
FEBRUARY 16, 2014
Customer Service: The Source of Supply Chain Innovation. In December’s issue of InBound, editor Keith Biondi cited customer service as the source for supply chain innovation. Technology has clearly driven much change in Supply Chain Management (SCM). I admit both IT and BPR have – and remain – powerful agents of change in SCM. Customer Service: The Real Source of SCM Innovation. H ow You Can Drive SCM Innovation in Your Business.
Supply Chain Movement
APRIL 22, 2015
Companies are now having to source more locally in order to ensure that they can continue to produce for the local market.”. >>Please SCM Map Europe 2014-2015. Visuals AkzoNobel Automotive Buck Consultants close Disney factory Heinz Innovev Lego location map Michael Kors Nedcar Opel Patrick Haex Peugeot-Citroën Phillip Morris production SCM Map Europe total landed cost-to-serve Unilever VDL Volkswagen Slight shift in European networks.
Oracle SCM
OCTOBER 11, 2016
The acronym SCM stands for supply chain management. SCM systems provide a strategic advantage and business insight to companies and their operations. SCM systems tie together and define a plethora of business processes and enable the flow of information between them – in essence SCM is the new business operating model. Today, SCM systems are critical to businesses of all sizes and in all industries for managing their day to day operations.
Supply Chain Game Changer
NOVEMBER 20, 2018
Doing business with suppliers located overseas or in another country can be an overwhelming and daunting task even for expert Sourcing professionals. But beyond that he had no idea on where to start to source his product. Large companies can afford to have Strategic Sourcing Procurement staff around the world. There are a myriad of processes, controls, conditions and situations that need to be managed to ensure that your products are sourced consistent with your expectations.
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SCM Research
SEPTEMBER 3, 2012
Being a milestone for our field , the paper analyzes four sources of the bullwhip effect, and it discusses actions to be taken to mitigate the detrimental impact of the bullwhip effect. Have you ever tried to find the most cited paper in supply chain management research? I have done so. For this purpose, I used the term “supply chain” in Web of Knowledge for a topic search.
Supply Chain Opz
MARCH 21, 2014
Then, this article will show you some good resources that will help you handle the complexities in global scm. As a result, issues in global supply chain management such as international trade, international transportation, global sourcing, regulatory compliance, risk management, humanitarian and sustainability won''t go away any time soon. Data Collection What we want to do is to discover some good blogs covering various issues in global scm.
Shipchain
AUGUST 29, 2018
While this comparison is most commonly associated with benchmarking, it is also part of the reason why more people in the shipping industry are turning to blockchain for supply chain management (SCM). Blockchain SCM is poised to create links between all existing supply chains, even competitors, which allows supply chain networks to function more efficiently and with greater transparency. Why Do Shippers Underestimate Blockchain SCM ?
Oracle SCM
MARCH 5, 2018
Director Product Marketing, Oracle SCM Cloud. The challenge here isn’t simply retooling a firm’s SCM software to accommodate a long list of new and upgraded capabilities; it also demands an approach to SCM that embraces constant, fast-paced, and often highly disruptive change as a permanent fixture, not as some kind of passing phase. FREE EBOOK: How to Transform Your Supply Chain Into an Innovation Center: 4 Ways Oracle SCM Cloud Can Drive Enhanced Value From SAP.
Logility
SEPTEMBER 24, 2013
Recently I sat down with Svenne Juul, president of AdapChain, a third party enterprise integration specialist, on how organizations can avoid the common pitfalls during SCM – ERP integration. You may also download the full, on-demand podcast, Avoiding ERP-SCM Integration Pitfalls. (CR): Abstracting the source and target systems in a way that makes them easy to understand is a big help. Then we can work with different sources and targets and just complete the mappings.
Logility
SEPTEMBER 24, 2013
Recently I sat down with Svenne Juul, president of AdapChain, a third party enterprise integration specialist, on how organizations can avoid the common pitfalls during SCM – ERP integration. You may also download the full, on-demand podcast, Avoiding ERP-SCM Integration Pitfalls. (CR): Abstracting the source and target systems in a way that makes them easy to understand is a big help. Then we can work with different sources and targets and just complete the mappings.
SCM Research
SEPTEMBER 3, 2011
Published in 1998, The relational view: Cooperative strategy and sources of interorganizational competitive advantage by Dyer and Singh remains one of the most influential business papers. The four sources of interorganizational competitive advantage identified by the authors are: (1) relation-specific assets, (2) knowledge-sharing routines, (3) complementary resources/capabilities, and (4) effective governance.
Supply Chain Game Changer
NOVEMBER 23, 2018
If SCM tech were a summer reading list, Blockchain would be the Twilight trilogy. Source: Accenture. Source: Accenture. QR verification codes, and other sources of product verification, have been reshaping the limitations of logistics transparency for years. Procurement and sourcing may very well be two of the greatest potential areas for impact when talking about blockchain application within supply chain management. Source: Deloitte. Subscribe Here!
Supply Chain Game Changer
NOVEMBER 22, 2018
The digital transformation of supply chain management, more specifically procurement and sourcing functions, is becoming a part of the new normal in business. Recently, I read Magnus Carlsson’s book, Strategic Sourcing and Category Management: Lessons learned at IKEA. The book is a masterful composition and guideline of how a procurement and sourcing organization can start building a quality infrastructure by gaining inspiration from IKEA’s triumphs and failures.
Logility
DECEMBER 2, 2020
Blockchain Allows Brand Owners and Retailers to Trace Source Materials Ahead of Pending U.S. In addition, we see broad applicability across many industries as consumers demand greater visibility and understanding of where products are sourced and manufactured.”.
Insights Solutions Global
DECEMBER 15, 2018
What is supply chain management (SCM)? No matter how competent or magnificent your organization is, you still need help from other sources when you need to get mass produce your product. The post What is Supply Chain Management and Why is SCM Important? Let’s say that your company needs to mass produce a chair, it’s unrealistic that you need to grow trees first, right? There are companies […].
NC State SCRC
FEBRUARY 13, 2021
Current Trends in Production Labor Sourcing Director's Blog Production Labor Sourcing SCM Procurement SCM Research Supply Chain Sustainability UncategorizedThe Supply Chain Resource Cooperative is proud to announce the award of a major research grant ($1.2
HICX Solutions
MAY 1, 2019
To understand what is meant by describing a Master Data Management (MDM) solution as the single source of truth, it’s probably easier to start by looking at the multiple sources of truth that many businesses currently try (and struggle) to manage – namely Supply Chain Management (SCM), Enterprise Resource Planning ( ERP ) and Customer Relationship Management (CRM). Multiple sources of truth creates a lack of clarity.
Supply Chain Network
NOVEMBER 1, 2012
It will be the single best source of software products and domain expertise for manufacturers and retailers. RedPrairie and JDA Software [NASDAQ: JDAS], recognized leaders in enterprise software and services for the extended supply chain, announced today that JDA and affiliates of RedPrairie have entered into a definitive merger agreement.
ThroughPut
JUNE 10, 2019
In the tried and tested playing field of today’s business, efficiency is supreme, and AI comes to Supply Chain Management (SCM) offering just that. A good direction to take would be to revisit your business initiatives and align the new KPIs that would be formed out of this marriage of AI into SCM with the traditional goals of the firm.
BlueYonder
NOVEMBER 20, 2014
In September, SCM World released its annual Chief Supply Chain Officer Report based on its survey of over 1,000 supply chain executives across all industries and geographies. Supply Chain Nation sat down with Kevin O’Marah, Chief Content Officer for SCM World, to discuss four key findings of the study. In this final post in the series, he addresses the shift away from out-sourcing to vertical integration.
NC State SCRC
JANUARY 15, 2016
We are also launching three new projects with MetLife, focused on supplier rationalization, common sourcing processes, and re-thinking travel policies given the plethora of new technologies that are emerging in the marketeplace. An article published in the Wall Street Journal identifies what I have been saying for years now… Supply chain talent is a hot commodity!
NC State SCRC
MARCH 4, 2019
The shortage of workers is causing companies to look at non-traditional sources, including individual with a criminal record. Articles Current Trends in Production Labor Sourcing Director's Blog Emerging Issues in Supply Chain Hot Topics Logistics Outsourcing Production Labor Sourcing SCM Research Transportation Planning Warehouse managementA group of executive joined SCRC faculty and staff for a one-day workshop held on February 28, 2019.
BlueYonder
NOVEMBER 18, 2014
In September, SCM World released its annual Chief Supply Chain Officer Report based on its survey of over 1,000 supply chain executives across all industries and geographies. Supply Chain Nation sat down with Kevin O’Marah, Chief Content Officer for SCM World, to discuss four key findings of the study. In our final post in this series, launching November 20, O’Marah will discuss how the current trend toward vertical integration will impact out-sourcing.
GlobalTranz
MAY 4, 2015
The 3 Big Supply Chain Management Trends Surely to Change SCM as we know it Forever. At Cerasis, we have recently wrote a lot of material related to these three core trends and here is a brief highlight from some of the posts we’ve written about these trends: SCM Core Trend #1: Supply Chain Visibility. A trend in dual/multi-sources helps to provide additional supplier sources in the case of any concerns.
Talking Logistics
OCTOBER 9, 2015
Having spent much of this week on the road, I am still in catch-up mode with emails and phone calls, so let’s go straight to the supply chain and logistics news that caught my attention: Elemica Introduces New Sourcing Optimization Solution. Simply put, as supply chains have grown in scale and complexity, so has the logistics sourcing process.
NC State SCRC
JULY 28, 2019
Low-cost country (LCC) sourcing is now a commonplace strategy for shrinking bottom line labor and material costs in most consumer products industries, including apparel, footwear, toys, and other manufactured products. The on-going tariffs levied by the Trump administration in 2018 against China has also made this option significantly more expensive for sourcing.
Kinaxis
MAY 11, 2018
She recruited top tech talent to serve across government and to collaborate on the most pressing issues of the day, from data science, AI and open source, to inclusive economic growth and criminal justice reform. Supply Chain Events best supply chain conference Kinexions scm conference supply chain conference supply chain eventsby Teresa Chiykowski “It is not the strongest of the species that survives, nor the most intelligent that survives.
Supply Chain Game Changer
NOVEMBER 13, 2018
Supply Chain Management (SCM) is the management and oversight of a product from its origin until it is consumed. SCM involves the flow of materials, finances and information. Source: [link] ). Source: [link] ). SCM is the management of a network of all business processes and activities involving procurement of raw materials, manufacturing and distribution management of Finished Goods. Source: [link] ). Source: [link] ). Source: [link] ).
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