Tue.Jan 09, 2024

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Supply Chains to Admire 2023

Supply Chain Insights

Supply Chains to Admire 2023 - Report v4.0 Abstract Supply chain excellence is easier to say than define. The Supply Chains to Admire methodology is a data-driven evaluation to attempt to define excellence. The analysis compares companies to industry performance in each sector for 2013-2023. Now in its tenth year, the Supply Chains to Admire analysis studies improvement, performance, and value on reported financials for over 500 public companies.

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Congrats to the Winners of the Supply Chains to Admire 2023

Supply Chain Shaman

Today, we published The Supply Chains to Admire for 2023. Congratulations to the 34 winners. (For a more detailed analysis, check out the Power point summary.) The companies that outperformed industry sector performance while driving improvement and sustaining value are: Apple, Assa Abloy AB, BorgWarner, CCL Industries, Celanese, Cummins Engine, CF Industry, Decker Outdoors, Gilead Sciences, Intuitive Surgical, Hubble, Huntington Ingalls Industries, Leggett & Platt, Lockheed Martin Corporati

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A Guided Tour Through the Qualitative Research City

SCM Research

I am pleased to share with you a new article I co-authored with Wendy L. Tate and Tingting Yan: A Guided Tour Through the Qualitative Research City. This is my first Journal of Supply Chain Management editorial. In this piece, we draw parallels between a city’s less-visited buildings and ten research approaches: (1) grounded theory, (2) interpretive research, (3) sensemaking, (4) sociomateriality, (5) actor–network theory, (6) ethnography, (7) action research, (8) discourse analysis, (9) narrati

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ToolsGroup Named a Leader in the SPARK Matrix for Retail Assortment and Management Applications by Quadrant Knowledge Solutions

ToolsGroup

BOSTON – January 9, 2024 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is proud to announce it has been named a technology leader in the SPARK Matrix™ analysis of Retail Assortment and Management Applications by Quadrant Knowledge Solutions (QKS). The Quadrant Knowledge Solutions SPARK Matrix: Retail Assortment and Management Applications, Q4, 2023 includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competiti

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4 Ways To Drive Supply Chain Excellence in the Food Industry

The Supplier Relationship Management Playbook is your guide to building effective supplier partnerships that drive supply chain excellence. This playbook equips supply chain professionals with strategies for managing compliance, tracking performance, and fostering collaboration to reduce supply chain risks. Inside, you’ll find: Strategies for Compliance: Best practices to help meet regulatory standards.

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What Kind of Reset Does the Supply Chain Need? Part One

Enterra Insights

What comes to mind when you hear the word “reset”? According to the Oxford Dictionary , reset means to “set again or differently.” When it comes to the so-called “supply chain reset,” setting up differently should be the working definition. Why? EY analysts Matthew Burton and Joost Vreeswijk insist the world has changed so dramatically that resetting to old ways of doing things would be both impractical and illogical.[1] They explain: “ Over the last cou

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Artificial intelligence for business: a year in review

IT Supply Chain

By Kristian Torode (pictured) Director & Co-Founder, Crystaline The post Artificial intelligence for business: a year in review appeared first on IT Supply Chain.

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Creating a Global Trade Compliance Program

QAD

Global enterprises still rely on spreadsheets and manual processes to manage their global trade and supply chain operations. Unfortunately, that leaves these companies vulnerable to compliance violations. If you consider your business within this group, a lack of version control, typos and other unwitting mistakes means that critical processes are not met and your business is open to greater risk.

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Toyota Motor Restarts Japanese Operations After Earthquake

Supply Chain Brain

Company president Koji Sato said Toyota is attempting to determine how its supply chain would be affected after suppliers Sumitomo Electric and Aisin suffered damage during the quake.

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Global Supply Chain News on Red Sea Chaos Causing Ocean Shipping Rates to Soar

Supply Chain Digest

Rates from Asia to US East and West Coats Up more than 50 Percent

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Watch: How to Optimize Production Planning for Repackaging

Supply Chain Brain

Mark Holmes, senior advisor for supply chain with InterSystems, lays out the challenges that manufacturers face in optimizing their repackaging processes, and proposes some solutions for addressing those hurdles.

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Empowering Success: Arena Coach Chloe Stabler Helps Medical Device Companies Embrace eQMS

Arena Solutions

Arena Customer Success Coach, Chloe Stabler, is no stranger to the stress of getting through an FDA audit. Like many quality professionals in the medical device industry, she often spent hours digging through filing cabinets to retrieve stacks of training records and other documentation for an assessment. It wasn’t until the implementation of Arena QMS that Chloe’s organization streamlined compliance and realized the benefits of embracing an electronic quality management system (eQMS).

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Choosing Warehouse Sorting Systems for the Future

Supply Chain Brain

Perhaps more than any other warehouse systems, sorters are also among the most time-tested and multi-faceted solutions in use today.

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Road Freight 2024: What to Check to Improve Transport Costs & Service

Logistics Bureau

Need to reduce your road freight costs or improve transport/trucking service? There are some things you should be looking for. So, what are the common challenges that people are facing when it comes to road freight? Watch the video below and get some tips!  Related articles on this topic have appeared throughout our website, check them out: 10 Freight Management Mistakes and How to Avoid Them Freight Benchmarking: What Is It?

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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

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GE Business to Build Turbines for Massive Wind Project

Supply Chain Brain

GE Vernova will utilize its Pensacola, Florida factory to fulfill the large order, while tower manufacturing operations will come from facilities in Texas, New Mexico and Colorado.

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How to Successfully Onboard a New Business Intelligence & Reporting Solution

Silvon Software

The right business intelligence and reporting software can significantly enhance business outcomes by giving decision makers greater visibility and insight into sales and operational performance. But getting your whole team psyched up to use and get the most value out of a new data analysis (or, business intelligence) application may not always be easy.

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Big Batteries May Save U.K. Power System Up to £24B by 2050

Supply Chain Brain

The British government is promoting big batteries as a means to store cheap renewable electricity at times when the grid is oversupplied.

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5 MercuryGate TMS Features to Discover in 2024

MercuryGate

We believe the MercuryGate TMS is truly the best transportation management system on the market. However, the TMS features are so vast that many customers still underutilize the platform. The post 5 MercuryGate TMS Features to Discover in 2024 appeared first on MercuryGate International.

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How to Master Product Portfolio Management

Pursuing product portfolio management excellence empowers organizations to unlock the full potential of their offerings. This comprehensive guide unveils 10 essential keys that serve as the building blocks for success.

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How to Implement Vendor Management Software Successfully

ProcurePort

In business, organizations rely on vendor relationships to shape their success. These relationships are complex and important for operations. Managing these relationships efficiently is no longer a choice but a strategic imperative. As businesses expand their network of suppliers, service providers, and collaborators, the complexity of vendor management grows exponentially.

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Loose Parts Discovered on Boeing MAX 737 9 Jets

Supply Chain Brain

The bolts designed to keep the plug from moving off the spots were missing, said NTSB investigators, who are trying to determine if the equipment was ever installed.

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2024 Predictions for Industry and Global Supply Chains- Prediction Two

Supply Chain Matters

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares samples of individual prediction snapshots that will be included in our Annual 2024 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month. In a prior posting related to this series , we shared excerpts from our first prediction, which sets the overall context and perspectives for supply chain management teams in the coming year.