October, 2014

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Three Questions People are Afraid to Askā€¦.

Supply Chain Shaman

'Groupthink is a psychological phenomenon that occurs within a group of people in which there is a desire for harmony within the group, but the result is an irrational or dysfunctional outcome. Wikipedia. You know the drill. The meeting is on everyone’s calendar. It has been set-up by the CEO or a board member’s assistant months in advance.

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How to boost relationships between shippers and 3PLs

DELMIA Quintiq

'With growing consumer expectations for faster delivery, shippers are expecting value-added logistics services from 3PL operators. This increases the urgency for 3PLs to leverage on the best market trends to increase logistics flexibility. I had an interesting conversation about this with Frank Tinschert, Business Unit Director Logistics at Quintiq, and below are his answers. 1.

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Recruiters Reveal How to Land Dream Supply Chain Jobs

Supply Chain Opz

'According to O*NET OnLine, a supply chain manager earns $103,530 per year in average. Are you already on top of your game or there are something holding you back from reaching your fullest potential? This article will show you the best career advice from top supply chain recruiters. Background A couple of weeks ago we asked recruitment experts a simple question: We believe you may get many pieces of career advice from family and friends but you don''t even know that they''re now irrelevant.

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Your supply chain is costing you money ā€“ Reason #6 Not effectively managing inventory.

Kinaxis

'by John Westerveld Over the years, working for and with numerous manufacturing companies, Iā€™ve seen many supply chain practices that cost companies money. Over the next several weeks, Iā€™ll outline these issues and discuss some ideas around how to avoid these practices. You can find the previous posts here: Reason #1: Offshoring without getting the full picture.

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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, youā€™ll find: Strategies for Compliance: Best practices to help meet regulatory standards.

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My Take: What Is the Difference between an Analyst and a Consultant?

Supply Chain Insights

'Gray and in his late fifties with a rumpled tan suit, the man wiped his chin vigorously. A bead of sweat sat precipitously on his forehead, as he turned to me while drinking a cup of coffee before the meeting started. He blurted with great energy, ā€œHow do you become an analyst?ā€ I smiled. A little taken back, and trying to figure out how I knew this man, a myriad of images flashed in my mind as I tried to form a cogent answer to his question.

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Is Your Success with an IT Project the Same as a Flip of the Coin?

Supply Chain Shaman

'Throw a coin in the air. There is a 50% chance of heads and a 50% probability of tails. Today, based on a recent study with 113 process companies, an organization’s probability of success with an IT project is almost the same as the toss of a coin. Based on a recent study of 113 process manufacturers, only 58% of companies report that their projects meet their business objectives.

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Three key questions to close the gap in your S&OP process

DELMIA Quintiq

'Sales and operations planning (S&OP) is a critical part of any business. Done right, it can provide a significant competitive advantage for any organization. Yet many companies are struggling to realize the full value from their S&OP process. At its core, S&OP is a business process that links your supply chain to your business strategy.

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Use these management strategies to build a great supply chainā€¦

The Network Effect

'Today I want to talk about some of the processes and management strategies that can be used to help a supply chain on the journey from ‘good’ to ‘great’ To read more about this subject and related themes, I suggest you read the new whitepaper, Supply Chainā€™s New World Orderā€ , Visibility and Measurement. Visibility to the potential value locked in the current environment is a key driver in a supply network transformation and is being provided by advanced cloud based ne

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Your supply chain is costing you money ā€“ Reason #5 Not having a supply chain risk management process

Kinaxis

'by John Westerveld Reason #5: Not having a supply chain risk management process. Over the years, working for and with numerous manufacturing companies, Iā€™ve seen many supply chain practices that cost companies money. Over the next several weeks, Iā€™ll outline these issues and discuss some ideas around how to avoid these practices. You can find the previous posts here: Reason #1: Offshoring without getting the full picture.

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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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Which Warehouse Locations Are Lean and Lucrative?

Supply Chains Rock

'Of all the. fearful factors that business owners and logistics managers have to deal with, one of the things they dread the most is idle inventory. As if supply chains arenā€™t boring enough as it is (or so people. think!), the term idle inventory just exudes negativity. No company, whether mom and pop sized or international corporation sized, is ever.

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How the Internet of Things Will Change the Supply Chain

Enterra Insights

'“A huge increase in the number of devices making up the Internet of Things (IoT) will have a significant impact … Continued The post How the Internet of Things Will Change the Supply Chain appeared first on Enterra Solutions.

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How to Be a Preferred Shipping Customer: Strategies for the Coming Capacity Shortage

Talking Logistics

'Business has been improving for the U.S. trucking industry. The economy is continuing to regain momentum. Shipper demand and carrier availability have come back into balance after several years of excess capacity. But these positive developments are beginning to be overshadowed by concerns about the ongoing driver shortage: CNN has reported there are currently 30,000 open slots for drivers.

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Big calculations, inspiring presentations: Highlights from #GartnerSCC

DELMIA Quintiq

'It felt like a whirlwind, but this yearā€™s Gartner Supply Chain Executive Conference was definitely one of the highlights of the year for us. The outlook from Gartner is very positive: Thereā€™s no better time to be in the supply chain industry. We couldn’t agree more. Leading the next decade. The opening keynote by Gartner executives Noha Tohamy and Debra Hofman definitely puts things in perspective.

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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 youā€™re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, youā€™re not alone. In todayā€™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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Why a network model makes sense for todayā€™s automotive suppliers

The Network Effect

'Today I want to talk about the challenges faced by today’s automotive suppliers, and why a network model for their supply chain can help. Supply chain organizations within the automotive supplier industry contribute to manufacturing excellence in many ways, including quality, cost, and delivery to their OEM and subsystem customer base. Focused on outcomes, a competitive supply chain capability not only assures the on-time delivery of component material, but also the execution of inbound s

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Will the Internet of Things (IoT) Help Eliminate Information Latency and Deficiency in Supply Planning?

Kinaxis

'by Prasad Satyavolu Last week, Trevor Miles wrote “ SMAC in the Middle of Supply Chain Change ” and it made me recall the dozen or so articles I’ve read recently on the Internet of Things (IoT). I find that most have a similar opening – 30 billion or so devices will be connected by 2017 and more ā€œthingsā€ will be connected than human beings on the earth.

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Cā€™est FINI!

Supply Chain Insights

'Fini is the French word for finished. I love the sound as it rolls off my tongue; but yes, the Metrics that Matter book is finished. I finished the page proofs last week. The book is the end of a long journey. It has been a team effort and I will be glad to hold one in my hand and smell fresh ink. The book is a story of a supply chain leader named Joe.

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On the Digital Path to Purchase, CPG are Firms Moving Slowly

Enterra Insights

'“The consumer path to purchase has become complicated in the digital age.” asserts Kinga Hulewicz (@KingaHulewicz). “Consumers have become savvier, … Continued The post On the Digital Path to Purchase, CPG are Firms Moving Slowly appeared first on Enterra Solutions.

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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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Logistics is not Supply Chain Management, End of Story

SCM Research

'There still seems to be much confusion about the terms “logistics” and “supply chain management” Much like accounting, SCM takes a cross-functional perspective within an organization (this includes purchasing, R&D, marketing, sales, IT, and – logistics), but goes beyond the first and second tiers on both the supplier and customer sides.

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Fresh food logistics: A better approach with optimization

DELMIA Quintiq

'Holidaymakers to France may be familiar with the following situation from my last summer holiday: A relaxing stay in a small picturesque port town on the Atlantic coast, a welcoming restaurant with good wine and a regional specialty waiting for us as the main course ā€“ oysters au gratin. I, along with fellow consumers in Germany who have enjoyed this gastronomic pleasure before, would have wondered at some point, how is it that this delicacy can also be made available by German retailers ā€“ witho

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Pharma companies will increasingly take cues from retail and consumer goodsā€¦.why?

The Network Effect

'If you want to know ahead of time the changes awaiting the pharmaceuticals supply chain it is useful to extrapolate experiences from the consumer and retail sectors, which were dealing with the same trends and pressures long before pharmaceuticals (for example, the proliferation of distribution channels). Thus, using retail and consumer goods as a guide, we can expect that companies will tailor the mode of transportation, warehousing and depth of distribution in each country for different pha

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Integrating Planning & Execution: Supply Chainā€™s Holy Grail with Mark Cosway

Kinaxis

'by Melissa Clow As we countdown the days until Kinexions (18 days!). Iā€™m remembering our customer and partner videos. Today Iā€™d like to share the interview on ā€˜Integrating Planning & Execution: Supply Chain’s Holy Grailā€™ from Kinexions. In this video hear, Mark Cosway, GT Nexus, speak about how integrating supply chain planning and execution is vital to today’s businesses, but most companies have trouble overcoming a basic problem: 80 percent of the data they need to achieve thi

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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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5 Things Every Logistics Executive Should Know About the Financial Side of the Supply Chain

Talking Logistics

'Live Episode: Tuesday, November 4 at 12:00 ET. Most logistics executives tune out when the terms financial supply chain or supply chain financing pop up. The natural reaction is, ā€œthatā€™s financeā€™s area ā€“ not mine.ā€ But thereā€™s more at stake than many of us realize. Kurt Cavano, Founder, Vice Chairman and Chief Strategy Officer at GT Nexus , provides insights every logistics executive should understand about the financial side of the supply chain to reduce risk, lower costs and improve suppl

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What Questions will You be Asked in a Supply Chain Interview?

Logistics Viewpoints

'Youā€™ve been offered an interview for a supply chain position, and you need to prepare for it. What next? Research the Company ā€“ Before you ever go on an interview, you must first research the company and be fully prepared to answer the questions “What do you know about our company?” or “Why do you […].

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Will Drones Help Solve the Last Mile Challenge?

Enterra Insights

'“For business to consumer deliveries,” writes Eoghan Dillon, Manager of Solution Design at ModusLink Global Solutions, “one of the most … Continued The post Will Drones Help Solve the Last Mile Challenge? appeared first on Enterra Solutions.

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Quintiq World Tour, Istanbul ā€“ Plan for better efficiency

DELMIA Quintiq

'How do manufacturers manage a complex multi-product plant? How can companies overcome the bullwhip effect ā€“ a natural inefficiency that magnifies small increases in order to size all the way down the supply chain? Are there ways for companies operating at maximum capacity to speed up on delivery? Join us at the Quintiq World Tour event themed ā€˜Smart Planning, Smart Businessā€™ in Istanbul on November 6, 2014.

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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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Your shelf-connected checklist: How Demand-Driven are you?

The Network Effect

'The terms ā€œshelf-connectedā€ and ā€œdemand-drivenā€ have been in use for years within the supply chain community. The prevailing strategy that traditional ERP/MRP vendors have focused on to achieve being shelf-connected is to implement Collaborative Planning, Forecasting, and Replenishment (CPFR). Yet todayā€™s advanced capabilities around Demand Driven Value Networks (DDVN) have dramatically changed the game.

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SMAC in the Middle of Supply Chain Change

Kinaxis

'by Trevor Miles Of course the title is a play of the adverb ā€œsmack in the middleā€, which Merriam-Webster defines as at the heart of the matter. By SMAC I mean the acronym Cognizant , amongst others, uses for Social, Mobile, Analytics, Cloud. SMAC has the potential to change the manner in which the extended supply/value chain shares data, collaborates in the resolution of issues, and engages in value sharing business processes.

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Building a Strong Transportation Management Foundation

Talking Logistics

'Live Episode: Tuesday, October 21, 2014 at 12:00 ET. Building a strong transportation management foundation is a critical pre-requisite for companies to execute their supply chain strategies and achieve their growth and financial objectives. In this first episode of an educational series focused on the link between transportation management and supply chain excellence, Chris Timmer from LeanLogistics outlines the attributes of a strong transportation management foundation and how to build it.