July, 2020

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History Repeats Itself Without Supply Chain Leadership

Supply Chain Shaman

This is a story for the Eds, Franks, and Toms working together in supply chains across the globe. It is also a story for a young supply chain manager attempting to make a difference, but feeling stymied. Sharing My Experience. The year was 1982. I lived in Cincinnati and worked in R&D for P&G. My ex-husband decided that we were going to move to Delaware.

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Crisis was inevitable according to chaos theory

Supply Chain Movement

During our Trend Dinner just under a year ago, which was attended by almost a hundred supply chain directors, I predicted that we would find ourselves in an economic crisis around this time. Anyone with some understanding of chaos theory could see that the European and global economic system had become unstable and was on the verge of chaos. When asked what would trigger this economic crisis, I answered that I wasn’t sure, but that it might be Brexit.

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Inventory Management – Navigating the Trenches Without Losing Sight of the Big Picture

Arkieva

Inventory comes in many forms and flavors; it is the critical element of supply chains that enable a firm to respond quickly and take advantage of scale. However, managing inventory is one of the most. Inventory Management – Navigating the Trenches Without Losing Sight of the Big Picture was first posted on July 22, 2020 at 7:59 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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7 Pitfalls of Stalled IBP Initiatives and How to Overcome Them

AIMMS

Integrated Business Planning (IBP), as defined by its creators at Oliver Wight , is “the business planning process that extends the principles of S&OP throughout the end-to-end supply chain, product, service and customer portfolios, customer demand and strategic planning, to deliver one seamless management process.” IBP provides substantial bottom-line benefits.

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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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Forced Labor in Supply Chains: The Problem Persists

Talking Logistics

“The addition of 11 Chinese companies to a U.S. trade blacklist of entities Washington says are linked to human-rights abuses of the Uighur minority group in Xinjiang is entangling major brands and likely to further a reordering of supply chains that feed American consumers,” write Dan Strumpf and Liza Lin in the Wall Street Journal. Read more Forced Labor in Supply Chains: The Problem Persists.

More Trending

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Supply Chain Leaders Rearranging Deck Chairs? Yes, I Think So.

Supply Chain Shaman

Excellent firms don’t believe in excellence – only in constant improvement and constant change. Tom Peters. The idiom, rearranging the deck chairs on the Titanic, symbolizes working on something pointless or insignificant because it will soon be overtaken by events. After finishing the Supply Chains to Admire report and the Youtube series (to be released this week), this is my feeling.

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Podcast Episode 2: Minimizing Supply Chain Risk Amid COVID-19

ToolsGroup

In this episode of Be Ready for Anything, hear from Tommaso Chierchia, ToolsGroup’s Director of SOExpress Delivery, about the primary types of supply chain risk arising out of COVID-19, and how organizations can proactively minimize their exposure. We cover how to minimize manual intervention, what strategies have proven most effective in the COVID era, and how to speed your recovery.

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TMS and Digital Freight: The Experts Speak

Logistics Viewpoints

When it comes to TMS and digital freight, there is a lot of interest. More and more TMS suppliers are integrating digital marketplaces into their core TMS offering. As the supply chain world continues down its digital transformation path, digital brokers can play an integral role in easing capacity constraints, opening up new lanes, and providing a benchmarking tool for shippers.

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5 Reasons to Keep Your Telematics Service Provider

GlobalTranz

Telematics is all but inseparable from the modern supply chain. GPS technologies have been a staple of the industry for some time, but telematics services today can offer even more. With such a variety of services available, choosing the right fleet tracking software can be a challenge. While some of your needs will vary depending.read More. The post 5 Reasons to Keep Your Telematics Service Provider appeared first on Transportation Management Company | Cerasis.

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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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Reimagine Supply Chain of the Future – agile, resilient, and balanced – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Let me start with a quote from a great leader!! “When the world changes around you, and when it changes against you, what used to be a tailwind is now a headwind — you need to lean into that and figure out what to do because complaining isn’t a strategy.”. — Jeff Bezos, CEO, Amazon. Reimagine Supply Chain of the future: There are many facets to imagining Supply Chain of Future.

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The Most Important Technology Company in Your Supply Chain Operations

Talking Logistics

When you think about Microsoft and its role in supply chain and logistics, Excel is probably the first thing that comes to mind. The Excel spreadsheet is arguably the most used software application in the field (see “5 Reasons Why Excel Is Champ Of Supply Chain Apps”). But over the past few years, Microsoft has. Read more The Most Important Technology Company in Your Supply Chain Operations.

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REPOST: Selecting an E-commerce Fulfillment Partner with AJ Khanijow

The Logistics of Logistics

Selecting an E-commerce Fulfillment Partner with AJ Khanijow. AJ Khanijow and Joe Lynch discuss selecting an e-commerce fulfillment partner. For e-commerce companies the difference between success and failure is fulfillment. As the founder of an fulfillment company that specializing in e-commerce, AJ knows what companies should look for in an e-commerce fulfillment partner.

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What to Keep in Mind When Managing a Chemical Supply Chain

Kuebix

The chemical industry faces a unique set of challenges regarding safety in their logistics operations. The transportation of chemicals requires next-level care and expertise as it deals with sensitive and potentially dangerous materials. Errors in shipping chemicals that are hazardous can have serious consequences. While logistics operations are typically intricate by default, shippers and manufacturers […].

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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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Medtronic’s Digital Twin Journey

Logistics Viewpoints

Medtronic MDT has been engaged in a digital transformation. This includes building out a digital twin of their end-to-end supply chain to make it easier for people to make better and faster supply chain decisions. The company has built a data lake to feed LLamasoft’s Supply Chain Analytics Platform, llama.ai, to create their supply chain digital twin.

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What Is Reverse Logistics’ Role in 2020 Supply Chain Trends

GlobalTranz

As customers continue to shop online through the remainder of the year, the demand on reverse logistics—particularly the process of managing returns—will skyrocket. It’s the same story; customers want more and more. And, it’s time for businesses to really consider the facts. “The global reverse logistics market is forecast to hit US$603.90 billion by 2025,read More.

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Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020

The Logistics & Supply Chain Management Society

“Managing supply chain and logistics has never been more significant and challenging since the outbreak of COVID-19 that created a new norm with high uncertainty and enforced an inevitable shift”. Overview. Logistics and supply chain management is a rapidly evolving field. Digital technology continues to be the key mechanism for change and value creation.

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Relationship Between MAD and Standard Deviation For a Normally Distributed Random Variable

Arkieva

A colleague and I were talking recently, and the conversation turned to what is the relationship between Mean Absolute Deviation (MAD) and the Standard Deviation (STDEV). In this post, I will explain to you the math behind that approximation, which by the way, only applies to normal distributions. Relationship Between MAD and Standard Deviation For a Normally Distributed Random Variable was first posted on July 27, 2020 at 7:43 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of t

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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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Solving Supply chain Problems with Digital Twins

The Network Effect

The post Solving Supply chain Problems with Digital Twins appeared first on The Network Effect.

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Unique Challenges Facing Food & Beverage Supply Chains

Kuebix

Food and beverage companies produce and distribute essential products every day. The Covid-19 pandemic has resulted in food shoppers buying supplies for a longer period of time (ex. shopping for 2 weeks at a time instead of 1) and purchasing products such as toilet paper, paper towels and disinfectant wipes in bulk. Practicing new skills […]. The post Unique Challenges Facing Food & Beverage Supply Chains appeared first on Kuebix.

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COVID-19’s Beneficial Effects on the Consumer Goods Supply Chain

Logistics Viewpoints

COVID-19 has put supply chain organizations under great strain. But there has been one nice side effect in the consumer goods supply chain. SKU proliferation has been reversed. The post COVID-19’s Beneficial Effects on the Consumer Goods Supply Chain appeared first on Logistics Viewpoints.

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5 More Reverse Logistics Metrics to Track

GlobalTranz

Across returns supply chains—a core component of reverse logistics—the need to improve performance has never been higher. Companies across the globe have taken note of the value of big data analytics in logistics and how tracking key performance indicators (KPIs) and core metrics can dramatically affect supply chain performance. As explained by Performance Magazine, improvement measurement.read More.

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The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

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Supply Chain Leadership Driving Industry 4.0 & Resilience During Crisis – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Whilst the COVID-19 pandemic spreads across the world, it is vital for organisations to ensure a reliable supply of products and services. Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. This challenge has contributed to the slowdown or cessation of production in some sectors (e.g. fashion, automotive, spare parts, airlines).

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Executive Perceptions of Machine Learning and Data Anomalies

Arkieva

The chatter about Artificial Intelligence’s (AI) and its recent companion, machine learning (ML) is ever-present. In a wide range of economic activities, AI/ML methods are now standard practice. Executive Perceptions of Machine Learning and Data Anomalies was first posted on July 1, 2020 at 11:27 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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Where Do Digital Twins Fit into in the Supply Chain?

The Network Effect

The post Where Do Digital Twins Fit into in the Supply Chain? appeared first on The Network Effect.

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Doing Business in India

QAD

India was the center of one of the earliest civilizations on earth, thriving throughout the second and third millennia B.C. Various cultures rose and fell during the intervening centuries until invaders from Europe arrived in the 16 th century. By the 19 th century, India became the “jewel in the crown” of the British Empire. Mahatma Gandhi led a non-violent resistance to British rule, and India became an independent nation in 1947.

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What Makes a Warehouse Worker Happy?

The 2024 Newcastle Systems Worker Satisfaction Survey provides insights into the life of a warehouse worker and what matters to them.

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Re-establishing the Enterprise’s Risk Appetite

All Things Supply Chain

Since risk is a reality in business, and ‘certainty’ is an extremely expensive proposition, an enterprise’s appetite for risk has always been measured on a sliding scale.

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Reverse Logistics Analytics: How to See Past Customer Delivery

GlobalTranz

The application of analytics offers opportunities to increase supply chain value, and in today’s world, few applications of analytics carry the weight placed on reverse logistics analytics. The rate of returns and demands for reverse logistics continue to skyrocket, and with companies facing grave uncertainty already, disruptions within reverse logistics will only lead to added.read More.

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LogiSYM Webinars: e-Commerce – How Does e-Commerce Transform Today’s Supply Chain?

The Logistics & Supply Chain Management Society

Thursday, 13 August | 11:00 SGT. We all see that e-Commerce is growing by leaps and bounds but why are e-commerce supply chains different from traditional supply chains – or are they? – Is only the last mile delivery portion that is different? – What does the future of home delivery look like? – Differences in pick & pack operation. – Eco-Friendly supply chain.