Trip Report on University of Tennessee Supply Chain Forum

Supply Chain Digest

Interesting Presentations from Caterpillar, Unilever, Procter and Gamble, Mondelez and More

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. But it could be any supply chain assumptions that go into your planning system, such as capacities, yields, order multiples, etc.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

The 3PL Industry is Suffering from Gresham’s Law

Talking Logistics

This troubling trend is explored in more detail in a new white paper published by the University of Tennessee Center for Executive Education titled, “Unpacking Risk Shifting: A White Paper Challenging Unreasonable Risk-Shifting in the Transportation and Logistics Industry.” 3PL Outsourcing Supply Chain & Logistics Trends Supply Chain Risk Management Gresham's Law Kate Vitasek logistics outsourcing procurement risk shifting University of Tennessee Vested

3PL 176

Collaboration in supply chain management is key

Kinaxis

by John Westerveld When scrolling through my news feed Friday, I found this article from SCN : “ Collaboration Key in Creating Competitive Advantages Through Supply Chains “ The article describes research recently published by the University of Tennessee, Knoxville’s Global Supply Chain Institute. There were some interesting ideas that came out of this study, like how collaboration in supply chain management is key to success.

Shareholder Value is Inextricably Linked to Supply Chain Performance

Material Handling and Logistics

"Supply chain integration is an increasingly essential component of shareholder value, and to achieve that, supply chain leaders need to speak the language of the Board of Directors and the executive suite,” said Paul Dittmann of the University of Tennessee

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.

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.

Why Financial Reengineering Does Not Equal Supply Chain Improvement

Supply Chain Shaman

The traditional supply chain leader focused only on cost reduction. Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. Progressively, as inventories grew due to business complexity over the last decade, companies increased payables passing on their costs in the supply chain to their downstream partners. And, to manage cash-to-cash, the supplier increased their payables passing cost and waste downward in the supply chain.

Best Practices for Supply Chain Transparency

Supply Chain 24/7

A new study from the University of Tennessee, Knoxville’s Global Supply Chain Institute outlines the best practices for leveraging transparency in supply chains for financial profit

Successful Product Innovation Requires Supply Chain Insight

Material Handling and Logistics

“The costs of a new product’s supply chain can easily outstrip its profit generation, and consistently poor new product initiative management leads to SKU complexity, which can cripple the company’s supply chain.”. A new study from the University of Tennessee, Knoxville’s Global Supply Chain Institute suggests some of the fault resides in the tendency of organizations to omit supply chain considerations when assessing a new product’s business case. “A

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.

What if the United States broke in half? Is Your Company Ready in the Event of a Catastrophe?

The Network Effect

The New Madrid Fault Zone stretches across Alabama, Arkansas, Illinois, Indiana, Kansas, Kentucky, Mississippi, Missouri, Oklahoma, Texas, and Tennessee. Logistics Multiparty Network Risk Supply Chain Management The Network Effect disaster logistics networks resilience risk supply chainThe post What if the United States broke in half? Is Your Company Ready in the Event of a Catastrophe? appeared first on The Network Effect.

Design for the Supply Chain Pt 4: Aesthetic

Kinaxis

by Jonathan Lofton OK, seat backs, tray tables up, and seat belts buckled, we’re continuing a conversation reflecting on the “10 Principles of Good Design” as applied to supply chain and supply chain management ( Design for the Supply Chain ) and this week’s principle delves into the beauty of the supply chain design. Global Supply Chains – A Report by the Supply Chain Management Faculty at the University of Tennessee.

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. He recommends three things companies can do to improve their supply chains moving forward.

Food 100

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks.

Global 216

Book Review - Supply Chain Transformation: Building and.

Supply Chain Opz

Book Review - Supply Chain Transformation: Building and Executing an Integrated Supply Chain Strategy. How should a company formulates sound supply chain strategy ? In the past, supply chain professionals make use of various tools and techniques from general business management such as Balanced Scorecard, Blue Ocean Strategy, SWOT Analysis and so on to do the job. Roadmap to Supply Chain Transformation. NAVIGATE. Basics.

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.

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.

How To 152

Creating a Transparent Supply Chain Best Practices

Supply Chain 24/7

This University of Tennessee Global Supply Chain Institute whitepaper addresses the key issues in supply chain sustainability transparency, it presents the results that demonstrate the relationship between sustainable supply chain visibility, traceability, integrity, and transparency

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.

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.

Collaboration Key in Creating Competitive Advantages Through Supply Chains

Supply Chain Network

Research confirms cross-functional collaboration and supply chain integration are challenging business goals that many companies deprioritize because the value is difficult to define. BOSTON, MA, October, 27, 2017 – Research recently published by the University of Tennessee, Knoxville’s Global Supply Chain Institute , and sponsored by Maine Pointe , identifies collaboration as one of six key elements of creating competitive advantages through supply chains.

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

Three supply chain lessons for businesses coping with COVID-19

CH Robinson Transportfolio

As governments and healthcare agencies around the world work to stop the spread of the coronavirus, importers and exporters across 164 countries are struggling to manage the pandemic’s growing impact on their supply chains. Despite past lessons from 2003’s SARS outbreak and 2011’s Fukushima tsunami about the hidden weaknesses in their supply chains, companies are challenged to manage logistics concerns stemming from sourcing strategies and risk management.

Supply Chain News Makers Video Series on Understanding the Supply Chain Efficient Frontier

Supply Chain Digest

Sean Willems of University of Tennessee with Some New Ways to Consider Tradeoff Curves

Why Can’t The Supply Chain Get Rid of Abuse?

Material Handling and Logistics

Let’s stop buying products where labor abuse exists in the supply chain. In the mineral supply chain, particularly in mining gold, children have been injured and killed in mining accidents in smaller scale mines in China, Mali, Tanzania and the Philippines. Horrific working conditions endured by children farming tobacco in North Carolina, Kentucky, Tennessee and Virginia were reported in January of this year by Human Rights Watch.

Mali 90

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. From there, Lean concepts escaped the confines of the factory with the Lean philosophy now being used throughout the supply chain.

Lean 109

Supply Chain Graphic of the Wee on Building a Supply Chain Sustainability Scorecard

Supply Chain Digest

New University of Tennessee White Paper Provides a Template, Based on Interviews with 16 Companies

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. 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. Apply Pareto principles so you can prioritize risks that will be truly disruptive to your supply chain.

Overcoming Complacency: How to Drive Even More Supply Chain Metric Success

Talking Logistics

Now that you understand the four points of driving supply chain metrics success––cement your momentum with the next step: our eBook, The Value of Metrics in Supply Chain Performance. Brad Liddie is an experienced Vice President of Operations at Kenco Group with a demonstrated history of working in the logistics and supply chain industry. A sense of complacency can lurk behind benchmarks.

The Impact New Technologies Have on the Supply Chain

BlueYonder

I’d like to bring your attention to the new whitepaper, “ New Supply Chain Technology Best Practices: The Application of New Technology in the Physical Supply Chain ,” released by the University of Tennessee, Knoxville. It’s one of the most comprehensive whitepapers that explores the pros, cons and overall readiness of the emerging technologies, such as drones and driverless vehicles, to support the increasingly sophisticated supply chain.

DC 65

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.

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.