Trip Report on University of Tennessee Supply Chain Forum

Supply Chain Digest

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

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 233

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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. The 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. Logistics Multiparty Network Risk Supply Chain Management The Network Effect disaster logistics networks resilience risk 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

Shareholder Value is Inextricably Linked to Supply Chain Performance

Material Handling & 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

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

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

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. read more. Global Supply Chain News

Vested: How P&G, McDonald’s, and Microsoft are Redefining Winning in Business Relationships

Talking Logistics

In this episode, Kate Vitasek (University of Tennessee) and Karl Manrodt (Georgia Southern University) discuss the current state of Vested Outsourcing and the key findings from their latest book, Vested: How P&G, McDonald’s, and Microsoft are Redefining Winning in Business Relationships.

Supply Chain by the Numbers for Week of May 8, 2015

Supply Chain Digest

US Trade Deficit Soars, Union Pacific Knows How to Run a Railroad, New 3D Printing Factory Inside UPS Hub, Kroger Makea Progress in Hiring Disable for Tennessee DC

Conversation with Kate Vitasek, Author of “Vested Outsourcing”

Talking Logistics

In this episode, Adrian interviews Kate Vitasek, who is a faculty member at the University of Tennessee’s Center for Executive Education.

2016 SCM World University 100

SCM Research

According to this ranking, the top 5 universities worldwide are: (1) Michigan State University, (2) Penn State University, (3) University of Tennessee, (4) Massachusetts Institute of Technology, and (5) Arizona State University. This week, SCM World have published their “SCM World University 100” ranking, which aims to list the best business schools for supply chain talent worldwide.

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Unlearning Supply Chain Management

Talking Logistics

Here’s an excerpt: Unlearning is something that we see people struggle with every day in the University of Tennessee’s Vested Outsourcing and Collaborative Contracting classes.

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!

Collaboration Key in Creating Competitive Advantages Through Supply Chains

Supply Chain Network

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.

Amazon plans expansion of North American facilities in Mississippi and Alberta

EFT

Amazon is also updating an existing 554,000-square-foot building in the Chickasaw Trails Industrial Park, situated southeast of Memphis International Airport in Tennessee. Tennessee Valley Authority is also assisting. Online retail giant Amazon.com Inc. is opening a 1-million-square-foot distribution centre in Leduc County, south of Edmonton, which will reportedly create 600 full-time jobs by 2020.

Keep Your Cargo Out of Danger: Best Practices for Transportation Risk Management

CH Robinson Transportfolio

According to a paper published by the Global Supply Chain Institute at the University of Tennessee, only 25% of a typical company’s end-to-end supply chain is being assessed in any way for risk. Omnichannel business models often lead to more complicated global supply chains.

Successful Product Innovation Requires Supply Chain Insight

Material Handling & Logistics

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

Chris Bolen

Saddle Creek Logistic Services

He joined the company’s Management Trainee Program right after graduating in Supply Chain Management from the University of Tennessee. For over a decade, Chris Bolen has been helping make warehouses more productive and efficient at Saddle Creek Logistics Services.

Ryan Cunningham

Saddle Creek Logistic Services

Ryan joined the MTP program as a recent graduate from the University of Tennessee, Knoxville, with a degree in Supply Chain Management, a collateral in Marketing, and a dual minor in Spanish and Entrepreneurship. What makes you want to join a new company?

Unpacking Sourcing Business Models: 21st Century Solutions for Sourcing Services

Supply Chain 24/7

This white paper is a collaborative effort among the University of Tennessee, the Sourcing Industry Group, the Center for Outsourcing Research and Education, the International Association for Contracts and Commercial Management, and was the inspiration for the 2015 book, Strategic Sourcing in the New Economy: Harnessing the Potential of Sourcing Business Models in Modern Procurement.

Driverless Trucks: Heading Somewhere or Nowhere Quickly?

Talking Logistics

Today, there are 8 states in the country, including Nevada, California, Michigan, Florida, North Dakota, Tennessee, Utah, and Arizona that are allowing the testing of self-driving vehicles on certain roadways.”. Will there be a future for driverless trucks in logistics?

4PLs: Collaboration Among Logistics Service Providers Creating More Value for Shippers

Cerasis

In fact, a team of researchers at the University of Tennessee further defined this relationship. Collaboration has always been seen as the stepchild at the logistics dinner table. It's nice to have around, but no one really wants to think about what collaboration means for the company.

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. You can download the report here. There were some interesting ideas that came out of this study, like how collaboration in supply chain management is key to success. While some may be obvious to you, others you may find insightful. “As complexity and consumer and shareholder expectations increase, CEOs and supply chain professionals must retrain their focus on contributing to strategic initiatives instead of solely on fulfilling demand as cheaply as possible.” I love this concept. So many times we’ve seen what were once excellent companies that focused on customer satisfaction and quality goods, fall prey to the siren call of “cut costs at the expense of all else” The problem with this approach is that if cost cutting is the only metric, you soon start making decisions that impact the quality of your product and the reliability of your supply chain. For example, choosing the lowest cost supplier over one that provides better quality and delivery guarantees. So, if cost cutting isn’t the focus, what is? As the article points out, great companies start and end improvement projects with the customer. As Apple has shown us, it’s possible not to be the low cost vendor and still be fantastically successful by selling on quality and innovation. “The supply chain cannot be integrated unless the end-to-end supply chain activities that must be integrated are fully understood.” This is a key idea. How do you collaborate with people in other plants, departments or using other systems if you can’t see the end-to-end data in a consolidated system? If one plant uses one version of SAP, another plant uses a different version and your warehouse uses Oracle, how does collaboration happen between these systems? Typically by e-mail and Excel…hardly an advanced collaboration approach! “In order to collaborate with other supply chain disciplines, business functions, and external partners, teams must have the tools, systems, and data to enable the work. These tools and systems must be efficient and the data easy to understand. “ Similar to the previous point, collaboration doesn’t happen on its own. There are numerous factors that drive successful projects to bring about business improvements through enabling collaboration, not the least of which are tools that enable this collaboration. Tools for video conferencing, team collaboration and in the near future virtual reality and augmented reality, along with Supply Chain planning systems can (and should!) enable collaboration. Wait…what? My supply chain tool enabling collaboration? That’s crazy talk! Yes, actually, supply chain planning tools CAN enable collaboration…if you choose the right tool. So, what collaboration capabilities should you look for in your supply chain planning system? Scenario based simulations – A key part of collaboration is about understanding the tradeoffs of various decisions. The best way to understand these tradeoffs is through multiple what-if simulations where you model the changes, score them against key corporate metrics and compare the results to drive to the best overall solution. Fast, In-memory analytics – Related to the first capability, modelling different approaches simply won’t work if it takes your ERP system several hours (or worse, an overnight batch run) to calculate and report the impact of these changes. Your planning tool must be able to calculate the results of changes across the entire supply chain in seconds. End-to-end visibility – As mentioned above, a key component of collaboration is knowing that you need to collaborate. If there’s an issue preventing a delivery goal that exists at a feeder plant, but all you can do with your planning system is view your own plant, the only collaboration option you have is Excel and e-mail. But, what if you had a planning system that could bring data together from multiple ERP systems into a single view and at the same time emulate the planning logic from each of those systems so that the results you saw in a single system matched the results expected from each ERP system? Furthermore, what if you were given visibility and drilling tools that allowed you to identify the root cause of delays with a few clicks of the mouse, even if that delay is in a different plant using a different ERP system? This capability is what truly enables enterprise wide collaboration. Responsibility – Just as end-to-end visibility is crucial to understanding the root cause of a delay, it’s equally important to find out WHO is responsible for that part so that you can start the collaboration process. For example, let’s say you are a customer service rep at HQ and you’ve discovered a critical customer order that was previously on-time is now going to be late. Using the end-to-end visibility capability described above to determine what part is causing lateness, you see that it’s a feeder plant three tiers down the supply chain. Who do you contact at that site? What if your supply chain planning tool could provide the name and contact information for the person responsible for that part? Collaboration – Continuing from the previous point, now that you’ve identified the person responsible for the part, what if you could share with them the exact view you are looking at and have them view the exact same information on their system, complete with links and references to other planning data? What if other people could be invited to join the collaboration as needed? Furthermore, what if this planning tool included a running log of the collaboration activity, including comments, screenshots and decisions? And even further, what if this tool tracked the progress of achieving the goals of the collaboration, and all of it could be archived and reviewed down the road? Many companies haven’t fully embraced the power of collaboration across the supply chain because they (wrongly) believe there are no supply chain planning tools that enable collaboration, and as such, are missing out on the capability that can take their supply chain to the next level. I’ll leave you with another quote from the report that hits the nail on the head: “If your procurement, operations, and logistics functions aren’t world class or aren’t aligned to work together seamlessly to delight your customers while minimizing excess cost and working capital, you may be leaving money on the table. Even worse, your company may be at risk” What do you think? How does your company collaborate on supply chain issues? Comment back and let us know. The post Collaboration in supply chain management is key appeared first on The 21st Century Supply Chain. Supply chain collaboration collaboration in supply chain management

Porch pirates: examining unattended package theft through crime script analysis

Logistics Trends and Insights

A share from Ben Stickle of Middle Tennessee State University. The full article is available here for a limited time. Package theft is an emerging crime type due to the tremendous growth in online shopping and the delivery of goods directly to a home.

Visibility in Transportation Management Leads to Supply Chain Excellence

Talking Logistics

Typically companies operated in silos, but according to a recent Global Supply Chain Institute at the University of Tennessee survey, while some lines between business functions have blurred, silos still exist, especially between purchasing and logistics.

Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection

Kinaxis

However, a 2014 report by University of Tennessee on managing risk in global supply chains points out that 90% of the firms surveyed do not quantify risk when outsourcing production!

A Brief History of the Founding of the Supply Chain Resource Cooperative (SCRC)

NC State SCRC

A lot are more famous (Harvard, MIT, Tennessee). The following is a transcript of the speech I gave to individuals who attended our SCRC 20th Anniversary Event this past April 2019.

The Biggest Mistake When Selecting a 3PL

Talking Logistics

Paul Dittman, PhD and Kate Vitasek from the University of Tennessee’s Haslam College of Business — I couldn’t wait to read it.

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Forming a Partnership with Your Software-as-a-Service Provider

Talking Logistics

But what if instead of a Request for Proposal , the RFP became a Request for Partnership , as my friend Kate Vitasek from the University of Tennessee suggested several years ago ? Sending out a Request for Proposal — an RFP — is what most companies do when they’re looking for a technology solution. It seems like companies are starting to move in that direction, viewing and evaluating providers of technology not as prospective vendors , but as prospective partners.

Design for the Supply Chain Pt 4: Aesthetic

Kinaxis

In the context of global supply chains and off-shoring, a white paper by The University of Tennessee’s Global Supply Chain Institute (GSCI) states: “In general, when organizations pursue cost-cutting without giving much thought to associated impacts on customer service, they operate in a cost world, and not a total cost of ownership or TCO world. (By Global Supply Chains – A Report by the Supply Chain Management Faculty at the University of Tennessee.

Cruise into the 2019 Frictionless Tour with BluJay this Fall

BluJay Solutions

Saturday, 10/12 – Mississippi State Bulldogs at University of Tennessee Volunteers. Join us for a unique tailgate experience. For many people, this is the best time of the year.

31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

Cerasis

Ford returned another 1,800 jobs to Tennessee to make Cadillac SRXs and build engines. This is the first post in a two part series on our update on Reshoring.

All-in-one Supply Chain Software for ASCs

Hybrent

The company is based in Atlanta, and its holding company, Extremity Healthcare, operates 35 podiatry clinics, and owns or manages seven surgery centers across Georgia and Tennessee.

Becoming a High Performing Sense and Respond Enterprise: End-to-End Supply Chain Visibility is Key

Talking Logistics

Typically companies operated in silos, but according to a recent Global Supply Chain Institute at the University of Tennessee survey, while some lines between business functions have blurred, silos still exist, especially between purchasing and logistics.