October, 2013

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Change the Conversation

Supply Chain Shaman

'It is Monday morning. As the sun rises, I find myself on the 6:00 AM train drinking coffee. I am giving thanks that I am able to do what I do. There is nothing like a cup of coffee at this time of morning. As I hold the warm ceramic mug in my hands, the horizon rolls forward with the rhythmic sounds of the train on the track. I love the sounds of the train.

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7 Megatrends Supply Chain People Should Watch

Supply Chain Opz

'Current logistics and supply chain management trends are discussed very often on social media sites. How can we identify them really? This article will show you some trends in the past and reveal what the future holds. Background Expert opinions appear to be the most important source of information for a trend prediction. In the year 2000, Journal of Business Logistics published the article named " Ten Mega-Trends That Will Revolutionize Supply Chain Logistics ".

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Our Journey

Supply Chain Insights

'Over 110 supply chain leaders gathered in the desert to discuss the future of supply chain management. With nine out of ten companies stuck in their ability to improve corporate performance through advancements in supply chain, the discussion at the 2013 Supply Chain Insights Global Summit was not a rehash of the past. Instead, the group was challenged to think about supply chains differently.

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What’s new in supply chain planning?

DELMIA Quintiq

'About 100 years ago, Frederick Taylor created history by separating planning from production. He was the first person to create a planning office with well-defined roles. There was someone to create production routes. Another person to ensure that the relevant raw materials were available. Yet another person to track the orders and update the status of tasks.

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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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Guest Commentary: Have You Black-Friday-Proofed Your Supply Chain?

Talking Logistics

'It’s a rite of passage for the most serious of shoppers. Black Friday. It conjures up images of long lines of intrepid bargain-hunters camped out overnight. Stampedes when the doors open. And frenzied crowds ready to drop-kick their way to door-busting prices on the year’s hottest products. Aside from the sheer entertainment (or blood sport) value, Black Friday marks more than the start of the holiday season when retailers make most of their annual profits.

More Trending

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What About the Supply Chain Index?

Supply Chain Shaman

'I have traveled 12,000 miles this week. When I get off the plane, I am accosted by the signs at airports around the world. SAP touts “best-run companies” while the Accenture ads claim “ high-performance supply chains.” As I shuffle along, I am not sure. I shake my head. I am a nomad, searching for a good definition of supply chain excellence.

Gartner 257
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7 Traits of Great Supply Chain Leader: A Case Study of Tim Cook

Supply Chain Opz

'The value of supply chain management as a discipline has gained more and more recognition from the business communities. Some supply chain leaders now take the helm at the world''s leading companies like Apple Inc, Wal-Mart and Tesco in UK as the CEOs. This article will discuss about the leadership quality of Apple''s Tim Cook and some reasons why Steve Jobs chose him to lead the company.

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Mind the Supply Chain Talent Gap

Logility

“If you don’t have good people you are running a giant ‘going-out-of-business’ sale!” That’s how Jake Barr started a recent panel discussion on the supply chain talent gap at the Supply Chain Insights conference last month. He continued to rattle off ear-catching proof points of a current and worsening talent shortage. 25 – 30% of your organization is at or beyond retirement age… These are the same supply chain resources you currently overwork and

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Achieving supply chain maturity

DELMIA Quintiq

'Are your business goals aligned with your technology priorities? A Gartner survey of 2053 CIOs has revealed significant differences in the priorities of CEOs and CIOs. While CEOs are prioritizing business growth, CIOs are focusing on business intelligence. In a review of the survey , CIO Insight made the following observation: ‘Theoretically, analytics and business intelligence would help drive overall business growth.

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2024 Annual T&L M&A Report

Tenney Group, an industry specialized M&A Advisory firm in the T&L space, produced the 2024 Annual M&A Report. The report contains an in depth overview of 2023 notable deals and the market, while also providing the outlook for 2024 M&A.

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Social Networking, TMS, and Mega Trends: My CSCMP Conference Agenda

Talking Logistics

'Are you attending the CSCMP Annual Global Conference later this month in Denver? It’s is one of the best conferences in the supply chain and logistics industry to learn and network. The challenge, of course, is choosing which sessions to attend, spread out across twenty-six tracks. Let me help you. Below are the sessions that I am participating in focused on social networking, transportation management systems, and “mega” supply chain trends.

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Collaboration Networks, Structural Holes, and Innovation

SCM Research

'Recently, I discovered an article by Ahuja (2000), Collaboration Networks, Structural Holes, and Innovation: A Longitudinal Study , which was published in Administrative Science Quarterly. It contains a framework that “relates three aspects of a firm’s ego network —direct ties, indirect ties, and structural holes (disconnections between a firm’s partners)—to the firm’s subsequent innovation output.” The author suggests that “[t]he more direct ties that a firm

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Why It Matters

Supply Chain Shaman

'As I work with companies, I often contrast the strategies, approaches and outcomes within a peer group. Over the last five years, I have helped two companies, Sonoco Products and Owens Illinois (OI) with their selection of technologies to improve Sales and Operations (S&OP) planning. Both companies provide packaging materials to the food manufacturing industry.

Illinois 252
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10 Outstanding Books for SCM Professionals

Supply Chain Opz

'Are you a supply chain management professional who are looking for inspiring ideas to improve the operations of your supply chain? This article will show you 10 amazing SCM books that provide the information you can really use. Background Early this year, I published one article named " 10 Greatest Supply Chain Management Books of All Time ". The reason for this was to provide a list of "classic" scm books that people can study by themselves while working full-time.

SCM 246
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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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Uncommon-Sense Approach to Forecasting

Demand Solutions

The Old Farmer’s Almanac -- a new version of which is published each September -- provides a solid year’s worth of reliable, though safely vague, regional weather forecasts. Even more admirable than the accuracy of the Almanac’s forecasts is the disclaimer with which its predictions are tempered: “We believe nothing in the universe occurs haphazardly; there is a cause-and-effect pattern to all phenomena, including weather.

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Who wants to become a demand-forecasting expert? (Part 2)

DELMIA Quintiq

'Welcome back to the present (assuming you’ve just been to the future and back)! This is part 2 of a two-part series discussing insights revealed at the recent sales & operations webinar hosted by Quintiq and EyeOn. Continuing from where we left off , we explore key messages shared by Dr. Michiel Jansen, senior solutions consultant at Quintiq. 35% of companies using only Excel as #demand planning tool whereas 18% using integrated end-to-end planning tools #DemandPlan2013. — Quintiq (@Quintiq

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Guest Commentary: P.O. Management Programs – Know Pain, Know Gain!

Talking Logistics

'As a participant in managing all or part of your company’s supply chain, you may know the pain of answering sometimes difficult questions. Where is my order? Why is it late? When will it get here? Why didn’t the vendor let us know? What should I tell the client? Who is responsible? What is this going to cost? You could answer them with a purchase order (P.O.) management system.

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Introducing a New Co-Blogger

Supply Chains Rock

'I''d like to introduce Joseph C. Selle who starting this week will become a monthly contributor to this blog. Joe lives for supply chains and when he is not blogging he is supporting IBM''s own Integrated Supply Chain (ISC) responsible for analytics.

Analytics 100
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Mastering Order Management: Backorders & Out-of-Stock Inventory

The unfortunate truth is that you will always have low stock and backorder issues with your supply chain. But that doesn’t mean you can’t be prepared to handle them. This brief video explores some of the primary drivers of inventory issues – and how modern technology and best practices can mitigate these issues and ensure a superb customer experience.

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Applause!

Supply Chain Shaman

'Last week, I wrote about the evolution of supply chain planning. In my blog post, I commented on HOW little supply chain planning has changed in its twenty-year evolution. As I worked with clients this week, I had a long and hard talk with myself. I am part of the problem. I, like other analysts, are stuck in the traditional software APS paradigm.

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Executive's Guide to Supply Chain Research

Supply Chain Opz

'Many people think a supply chain research is boring and it is the ivory tower that they don''t need to climb. This article will show you why a research is relevant to you and how to study without damaging your brain! Background What is a research? In layman''s terms , a research is the way you solve problems in a systematic manner. And, you know very well, problems are a part of business environment.

Research 227
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3 Tips for Managing the Dr. Oz Effect

Demand Solutions

We're the curmudgeons who grouse in the shadows as the latest sales windfall is celebrated. While our colleagues gleefully exchange high fives to celebrate an unprecedented sale, we bury our heads in despair at the burden of fulfilling our customers’ hopes and our salesmen’s promises. All kidding aside, unforeseen spikes in demand are a fact of life for forecasters and planners.

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Mind the Supply Chain Talent Gap

Logility

“If you don’t have good people you are running a giant ‘going-out-of-business’ sale!” That’s how Jake Barr started a recent panel discussion on the supply chain talent gap at the Supply Chain Insights conference last month. He continued to rattle off ear-catching proof points of a current and worsening talent shortage. 25 – 30% of your organization is at or beyond retirement age… These are the same supply chain resources you currently overwork and

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How Intent Data Helps Marketers Convert A-List Accounts

One of the biggest challenges for any B2B marketer is understanding your prospects’ next move — who is most likely to buy and when. Without these insights, marketing campaigns can feel more like guesswork, with high investment and little return. We’re here to tell you there’s a better way. By tracking buyers’ digital footprints and online activity, such as website visits, product reviews, and spikes in content consumption, you can engage prospects with a message that really resonates.

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This Week in Logistics News (October 14-18, 2013)

Talking Logistics

'Several years ago, I interviewed CIOs and IT executives from leading third party logistics (3PL) companies, and one of the most interesting findings was that their teams spent a majority of their time fixing and cleansing data. I’m sure if I conducted those interviews again today, the story would still be the same. Therefore, I wasn’t surprised by an article in today’s Wall Street Journal about how faulty data is hindering the HealthCare.gov rollout.

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Thank Heavens for Little Girls | The 21st Century Supply Chain

Kinaxis

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Improving Relationships within the Healthcare Value Chain

Supply Chain Shaman

'The healthcare provider network is fragmented. As the power shifted from the supplier to the healthcare provider, over the last decade, the healthcare provider responded. The hospital built a supply chain organization that is now viewed as stronger than that of its suppliers. Today, providers of healthcare self-assess that they are more successful meeting their goals than the supplier.

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5 Outstanding Transport & Logistics Book for Managers

Supply Chain Opz

'Are you a transportation and logistics professional who are looking for inspiring ideas to improve the operations? This article will show you 5 amazing logistics books that provide the information you can really use. Background Previously we published the article named " 10 Greatest Supply Chain Management Books of All Time ". The reason for this was to provide a list of "classic" scm books that people can study by themselves while working full-time.

Six Sigma 100
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Building Cyber Resilience and Data Integrity in Your Supply Chain

Learn about the most frequently occurring cybersecurity breaches coming from third party suppliers, vendors & contractors. Master how to spot security gaps and how to mitigate future cyberattacks. In this eBook, you will learn: How to define reasonable levels of security for your suppliers, vendors, contractors, etc.

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Only Enough Data to Cause Paralysis: A Timeless Message About Big Data

Demand Solutions

You might think that a book about computers that was written before the Internet would have zero relevance today. Yet, not only does Guy Kawasaki’s 1988 book "The MacIntosh Way" possess a timeless charm, it also contains at least one nugget that cuts to the core of one of our current burning issues: what to make of Big Data. Says Kawasaki: "There is only enough data to cause paralysis -- never enough to make a perfect decision.".

Big Data 100
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How would outsourcing the logistics activities add value?

Supply Chain Movement

'A new model, which is currently being tested academically, gives shippers insight into the strategic added value they could gain by outsourcing their logistics – or not, as the case may be. DSV Solutions, Districon, Nyenrode Business University and Supply Chain Magazine have developed an online assessment that can be used as a practical tool for determining both the current situation and the ideal one, and which provides users with company-specific advice.

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This Week in Logistics News (September 30 – October 4, 2013)

Talking Logistics

'Is it ironic that the U.S. government partially shut down on Tuesday, the same day I was scheduled to give a talk on collaboration ? I’m thinking of sending my representatives in Congress a copy of the book Getting to We , written by my friends Kate Vitasek and Jeanette Nyden — and also inviting them and all members of Congress to participate in my upcoming conversation with Kate and Jeanette on Talking Logistics.