Top 10 Supply Chain Risks in 2023 & How to manage them?
AIMMS
NOVEMBER 1, 2022
The post Top 10 Supply Chain Risks in 2023 & How to manage them? appeared first on AIMMS.
November, 2022
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The Fallacy of the Self-driving Supply Chain
Supply Chain Shaman
NOVEMBER 21, 2022
Definition of Confirmation Bias. A Story. On Friday night, I had dinner with a LinkedIn contact. (As I travel, I post where I am going, and if someone reaches out for dinner or lunch, I say, “Why not?”) So, I sat across from a stranger on a cold winter night, the only thing that we had in common was our experience in supply chain planning. .
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Your Sales Plan is NOT a Forecast!
The Logistics & Supply Chain Management Society
NOVEMBER 22, 2022
Your Sales Plan is NOT a Forecast! by Jeff Harrop – Supply Chain Educator and Consultant. Man is the only animal that laughs and weeps, for he is the only animal that is struck with the difference between what things are and what they ought to be. – William Hazlitt (1778-1830). A Ferrari has a steering wheel. A fire truck also has a steering wheel.
When It Comes To Excess Inventory, Prevention Is Better Than Cure
ToolsGroup
NOVEMBER 4, 2022
Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory. The Disadvantages of Excess Stock.
4 Ways To Drive Supply Chain Excellence in the Food Industry
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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.
4 Keys for Unlocking a Successful Logistics Partnership
Talking Logistics
NOVEMBER 8, 2022
Logistics remains fragmented and broken, and nearly every participant in the ecosystem is struggling. Cross-border freight with Mexico is a $70.3 billion market, but ongoing strains from shipping delays, looming driver shortages, and fluctuating consumer prices have exposed the fragility of our global supply chains – making the need for industry-wide transformation more urgent than.
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Piecing Together the SIOP Process
The Logistics & Supply Chain Management Society
NOVEMBER 22, 2022
Piecing Together the SIOP Process. by Madeline Smith , Supply Chain Management Consultant at Clarkston Consulting. Sales, Inventory, Operations Plan (SIOP) is a process within many successful supply chain organizations that recognizes the integral relationship between all departments in the company, but how do you piece together an SIOP process? Read below for a guide to solving the SIOP puzzle for your organization. .
Constraint-Based Supply Planning & Execution
The Network Effect
NOVEMBER 21, 2022
The post Constraint-Based Supply Planning & Execution appeared first on The Network Effect.
Managing Risk Through Better Communication
C3 Solutions
NOVEMBER 18, 2022
Do you know the risks your supply chain operation is facing?
Why Digitalizing Sourcing is a Must for Supply Chain Resilience
Logistics Viewpoints
NOVEMBER 8, 2022
As global supply chains continue to tackle ongoing disruptions, one major headwind that most organizations are faced with is the inflationary environment we are living through. This is starting to mount cost pressures just at the time when additional investments are needed to build resilience. So, how can organizations tackle the inflationary environment by finding significant cost savings opportunities while improving resiliency?
15 Modern Use Cases for Enterprise Business Intelligence
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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?
80% of UK businesses say Brexit caused the biggest supply chain disruption in the last 12 months
ivalua
NOVEMBER 28, 2022
83% fear the biggest disruption from Brexit is yet to come, while increasing supply chain disruption caused revenues to drop by an estimated 18%. London, UK, 28th November, 2022. Research from Ivalua , a leading global spend management cloud provider , has revealed that 80% of UK businesses say that Brexit has been the biggest disrupter to supply chains in the last 12 months, while 83% fear the biggest disruption from Brexit is yet to come.
The New Supply Chain Landscape: Why Moving Up the Supply Chain Spectrum Is Imperative
Talking Logistics
NOVEMBER 21, 2022
Thanks to disruptive events over the past two years, supply chains have become central to business success, forcing CEOs and other business executives to spend a much larger portion of their time and strategies focused on this once afterthought of their operations. What has changed? What will the business environment be like moving forward? Why. Read more The New Supply Chain Landscape: Why Moving Up the Supply Chain Spectrum Is Imperative.
The Green Corridor: To Realise the Circular Economy Dream – Reach Out to Your Community
The Logistics & Supply Chain Management Society
NOVEMBER 22, 2022
The Green Corridor: To Realise the Circular Economy Dream – Reach Out to Your Community. by Timothy Foote , Founder of Susymbio. Buy, use, and toss. That is the experience a consumer has when they are well … consuming! When we dispose of something though, is that really the end? In the case of fruit and vegetable peelings for instance, I actually use them as material for composting, for my garden.
Supply Chain Platforms for Complex Defense Organizations
The Network Effect
NOVEMBER 15, 2022
The post Supply Chain Platforms for Complex Defense Organizations appeared first on The Network Effect.
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
The Newtrul Story with Ed Stockman
The Logistics of Logistics
NOVEMBER 4, 2022
Ed Stockman and Joe Lynch discuss the Newtrul story. Ed is Co-founder & CEO at Newtrul , a technology company helping increase efficiencies in the trucking industry with a digital freight-aggregation platform. About Ed Stockman. Ed Stockman is the Co-founder & CEO at Newtrul, a technology company helping increase efficiencies in the trucking industry with a digital freight-aggregation platform.
Editor’s Choice: Aluminum Can Shortage Defines a New Normal for Food Packaging
Logistics Viewpoints
NOVEMBER 17, 2022
Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article is from Chetan Chaudhari at GEP and examines the ongoing aluminum can shortage. This shortage is the culmination of various ongoing issues – geopolitical tensions related to the Russia-Ukraine war, the rapid shift in consumer buying behavior and container freight availability.
The CHIPS and Science Act of 2022: What It Means for the Future of Manufacturing
ivalua
NOVEMBER 8, 2022
US Government Passes the CHIPS Act to Increase Semiconductor Manufacturing and Research. On August 9th, 2022 the US CHIPS and Science Act, now more commonly known as the CHIPS Act, was passed into law. The CHIPS Act was created in response to pandemic-induced shortages of semiconductors and other critical manufacturing supplies, causing widespread disruption to supply chains across the country. .
Uber Freight Deliver 2022: “A World We No Longer Live In”
Talking Logistics
NOVEMBER 16, 2022
“The logistics industry was built for a world that we no longer live in.” If you had to boil down why the past two years have been so challenging for supply chain and logistics professionals into a single sentence, that would be it. The quote is by Lior Ron, CEO of Uber Freight, from his. Read more Uber Freight Deliver 2022: “A World We No Longer Live In” The post Uber Freight Deliver 2022: “A World We No Longer Live In” appeared first on Talking Logistics with Adrian Gon
How to Master Product Portfolio Management
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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.
Digital Transformation by the Numbers, Part Two
Enterra Insights
NOVEMBER 17, 2022
As I noted in the initial installment of this article, discussions about digital transformation (DX) often include foundational concepts upon which successful digital transformations can be built. The articles discuss such things as digital transformation strategies, stages, pillars, building blocks, and layers — and they are often provided in a bulleted format or “by the numbers.” In my earlier article, I discussed some recommendations for getting started (i.e., taking the first ste
Critical Capabilities for defense Supply Chains (Part 1)
The Network Effect
NOVEMBER 16, 2022
The post Critical Capabilities for defense Supply Chains (Part 1) appeared first on The Network Effect.
REPOST: What is Dynamic Pricing with Dawn Salvucci Favier
The Logistics of Logistics
NOVEMBER 11, 2022
Dawn Salvucci-Favier and Joe Lynch answer the question what is dynamic pricing. Dawn is the CEO and Chief Product Officer at Greenscreens.ai , a dynamic pricing infrastructure for the truckload spot rate market that delivers buy and sell-side market intelligence and business insights to help companies grow and protect their margins. About Dawn Salvucci-Favier.
Editor’s Choice: Tips for Trucking Companies to Decrease Their Insurance Premiums
Logistics Viewpoints
NOVEMBER 22, 2022
Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article is from Emerge and offers tips for trucking companies to decrease their insurance premiums. The number of accidents in the trucking industry is up, and so are insurance premiums.
The Ultimate Guide to Transportation and Load Building Optimization
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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.
10 Things to Consider When Choosing a Supply Chain Network Design Software
AIMMS
NOVEMBER 25, 2022
The post 10 Things to Consider When Choosing a Supply Chain Network Design Software appeared first on AIMMS.
Improving Supply Chain Resilience: How A Digital Supply Chain Orchestration Platform Can Help
Talking Logistics
NOVEMBER 14, 2022
As we near the end of 2022, supply chain and logistics executives are busy preparing their strategies, plans, and budgets to deal with the inflation, uncertainty, and risks that are clouding the year ahead. One key objective for dealing with these challenges is improving supply chain resilience, which includes improving supply chain visibility capabilities and.
Can Artificial Intelligence Provide a Genuine Customer Experience?
Enterra Insights
NOVEMBER 10, 2022
Every business dreams about being so overwhelmed by customers that it has trouble assisting all of them. With the growth of e-commerce, this dream has become a reality for some businesses. It may sound ironic, but many experts suggest that cognitive technologies (aka artificial intelligence) can help businesses provide the personalized customer service and customer experiences that consumers desire.
5 Questions About Safety Stock Calculations
Arkieva
NOVEMBER 1, 2022
There are various approaches to safety stock calculations. This blog previews a free webinar that sheds light on the pros and cons of each. 5 Questions About Safety Stock Calculations was first posted on November 1, 2022 at 7:41 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement.
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.
Using Supply Chain Databases in Academic Research
SCM Research
NOVEMBER 27, 2022
In recent years, academic articles that use supply chain databases have become more and more common in SCM-related journals. Such databases (e.g., Bloomberg SPLC, FactSet Supply Chain Relationships, and Mergent Supply Chain) were originally not developed for use in academic research, but for use in business practice. However, they offer great potential for a better understanding of supply chains (or more precisely supply networks) and supply chain management and are therefore also very interesti
What Can A 3PL Invest in Today to Remain Competitive for Tomorrow?
Logistics Viewpoints
NOVEMBER 9, 2022
ARC Advisory Group’s research on the warehouse technology markets ( WMS , Warehouse Automation , and Mobile Warehouse Robotic s) shows that 3PLs are prominent investors in technology. Other end-user based research we have conducted shows the pressures of e-commerce fulfillment demands, labor shortages, and tight margins are factors driving these investments.
Improving Your Supply Chain Risk Management
C3 Solutions
NOVEMBER 30, 2022
Before 2020, the global supply chain seemed almost untouchable, a well-oiled machine that kept the global economy turning. Risk mitigation and supply chain resiliency wasn’t the top priority for businesses.
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