Five Critical Best Practices for Supply Chain Planning
Supply Chain Brain
OCTOBER 10, 2022
Here are five critical best practices your company should consider when looking to enhance its supply chain planning processes.
Sat.Oct 08, 2022 - Fri.Oct 14, 2022
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Can Supply Chain Visibility Make Your Company King?
Enterra Insights
OCTOBER 12, 2022
There is an old English idiom that states “in the country of the blind, the one-eyed man is king.” According to the Cambridge Dictionary , this idiom was meant to highlight the fact that in a difficult situation, all other things being equal, the person with additional skills “is in a better position to be more successful” than people who don’t possess those skills.[1] When it comes to supply chain operations, this principle certainly holds true.
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Planning Under Uncertainty: A Data-Driven Approach to Inventory Reduction
CHAINalytics
OCTOBER 11, 2022
Do you have the correct inventory targets to optimize your investment in working capital? If you’re looking to free up funds or keep excess inventory to a minimum, here are some crucial elements you’ll need to keep top of mind. Inventory reduction is a hot topic right now. Businesses across industry lines are seeking to … The post Planning Under Uncertainty: A Data-Driven Approach to Inventory Reduction appeared first on Chainalytics.
Tech tips to cut back business costs
IT Supply Chain
OCTOBER 12, 2022
By Kristian Torode (pictured). Co-Founder & Director, Crystaline. The post Tech tips to cut back business costs appeared first on IT Supply Chain.
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.
Scenario-based Forecasting vs. Equations
The Smart Software
OCTOBER 10, 2022
Traditionally, software has served as a delivery vehicle for equations. This is fine, as far as it goes. But we at Smart Software think you would do better by trading in your equations for scenarios. Learn why Scenario-based planning helps planners better manage risk and create better outcomes. The post Scenario-based Forecasting vs. Equations appeared first on Smart Software.
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How the Push for Greener Supply Chains Is Affecting Sourcing Strategies
Supply Chain Brain
OCTOBER 9, 2022
The luster of China as a source of low-cost production has been progressively fading, and the push for more responsible supply chains extends well beyond measuring carbon emissions.
When Did Trying to Do the Right Thing in Business, Become a Bad Thing?
Enterra Insights
OCTOBER 14, 2022
There was a time when character in politics and business mattered. A time when trying to do the right thing was admired more than partisanship or ideological purity. In today’s vernacular, this is called ethical leadership. The staff at Western Governors University explain, “Ethical leadership is defined as ‘leadership demonstrating and promoting ‘normatively appropriate conduct through personal actions and interpersonal relations.’ When you boil it down, this really mean
Net Zero: What Does it Really Mean?
ivalua
OCTOBER 13, 2022
Professor David L. Loseby MCIOB Chartered, FAPM, FCMI, FCIPS Chartered, MIoD, FRSA. The more I read and research on the subject of “how to get to net zero” the more I feel how little I perhaps know! Further, if the truth be known I suspect many others in procurement and supply chain are feeling the same, but maybe that’s not true. Having just listened to a very informative and comprehensive webinar by Dr Natacha Tréhan and Arnaud Malardé [ Moving Towards a Net Zero Supply Chain Webinar | Ivalua
The Impact of the COVID-19 Supply Chain Disruption | Jabil
Supply Chain Brief Submitted Articles
OCTOBER 11, 2022
The COVID-19 supply chain disruption was the first of this scale and magnitude. Global supply chains were struck by the coronavirus pandemic.
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?
Productization and Scaling for Next Generation Automation
Logistics Viewpoints
OCTOBER 12, 2022
The Association for Advancing Automation hosted the Autonomous Mobile Robots & Logistics Week (Co-located with the Vision Show), October 10-13. I was able to attend for a day due to my proximity to the Boston conference center in which it was held. Especially informative and relevant to me was the roundtable discussion – Productization and Scaling for Next Generation Automation.
Beyond Basic Features: Important Transportation Management System (TMS) Capabilities
Talking Logistics
OCTOBER 13, 2022
Editor’s Note: Indago ResearchCasts are brief videos where we highlight findings from our Indago supply chain research community. With all of the transportation-related challenges companies are facing today, transportation management systems (TMS) are back in the spotlight. In October 2021, we asked members of our Indago supply chain research community — who are all supply.
The New and Game-Changing Technology Solutions Redefining Last-Mile Logistics
The Logistics & Supply Chain Management Society
OCTOBER 10, 2022
The New and Game-Changing Technology Solutions Redefining Last-Mile Logistics. Feature Article by Nishith Rastogi, Founder and CEO at Locus. From stocking up your fridge with the week’s groceries to purchasing the latest smartphone, the consumer has now been placed at the center of the supply chain as they pull the complete gamut of products to where they reside.
The Truck N’ Hustle Story with Rahmel Wattley
The Logistics of Logistics
OCTOBER 14, 2022
Rahmel Wattley and Joe Lynch discuss the Truck N’ Hustle story. Rahmel is a transportation entrepreneur and host of the popular trucking podcast, Truck N’ Hustle. About Rahmel Wattley. Rahmel Wattley is a transportation entrepreneur and host of the popular trucking podcast, Truck N’ Hustle. Rahmel got his start in the trucking business in the early 2000’s.
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
Autoliv’s Supply Chain Risk Management Journey
Logistics Viewpoints
OCTOBER 10, 2022
In February, Klaus Niebur, the director of global supply chain risk management at Autoliv, and Jan Thiessen, the managing director at targetP!, spoke on best practices on supply chain risk management at ARC Advisory Group’s Digital Transformation in Industry conference. Autoliv is the world’s largest safety system supplier in automotive industry. This global, Tier 1 manufacturer is headquartered in Stockholm and had revenues of over $8 billion last year.
No Time Like the Present
Supply Chain Shaman
OCTOBER 13, 2022
Another night staring out the window from a dark airport terminal. I squint to look at the terminal monitor hoping that the two-hour flight delay changes. I brace myself for a late flight for a 2:00 AM arrival as the clock ticks-an echo of time lost. Today, I ended a 45-day speaking tour. As COVID restrictions lift, I am back on the road, albeit not as wild and crazy as pre-Covid days.
The Most Popular Supply Chain Class Readings
SCM Research
OCTOBER 10, 2022
Have you ever wondered what supply chain literature is most commonly used in the classroom? Open Syllabus , a non-profit research organization, currently has a corpus of nine million English-language syllabi from 140 countries and data on class readings is available for a large proportion of these syllabi. I checked which readings with the term “supply chain” in the title are used the most in the “Business” category.
The Port of Virginia with Stephen Edwards
The Logistics of Logistics
OCTOBER 10, 2022
Stephen Edwards and Joe Lynch discuss the port of Virginia. Stephen is is the CEO and Executive Director of the Virginia Port Authority (VPA). In 2019, CNBC ranked Virginia as the #1 state for business, and The Port of Virginia plays a key role in Virginia’s ability to serve those businesses. About Stephen Edwards. Stephen A. Edwards is the CEO and Executive Director of the Virginia Port Authority (VPA).
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.
This Week in Logistics News (October 8 – 14)
Logistics Viewpoints
OCTOBER 14, 2022
While the Halloween season is just getting started, retailers are clearly looking ahead. This past weekend, I decorated my house with my kids with our usual Halloween flare: skeletons, spiders, skulls, gravestones, and the ever-present flying bat. But for retailers, Halloween is mostly in the rearview mirror (except for the candy sales and last-minute costumes), and they are preparing for the holiday rush.
Global Chaos Drives Increased use of Prescriptive Analytics in Supply Chain Planning
AIMMS
OCTOBER 13, 2022
The post Global Chaos Drives Increased use of Prescriptive Analytics in Supply Chain Planning appeared first on AIMMS.
Inventory Control in Manufacturing: 7 Strategies to Maximize Service Levels and Profit Amid Disruption
ToolsGroup
OCTOBER 10, 2022
Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. But manufacturers are unique. Unlike many businesses who sell finished products, manufacturers have several moving parts when it comes to inventory because they employ a variety of supplies and processes to make products—from raw materials and sub assembly to production to finished products.
Understanding Freightonomics with Anthony Smith
The Logistics of Logistics
OCTOBER 12, 2022
Anthony Smith and Joe Lynch discuss understanding Freightonomics. Anthony is the Chief Economist for FreightWaves , the leader in global supply chain market intelligence. About Anthony Smith . Anthony Smith is the Chief Economist for FreightWaves, the leader in providing global supply chain market intelligence. Before FreightWaves, Anthony received his Bachelor’s and Master’s degree in Economics from New Mexico State University.
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.
What is AI-managed task execution and optimization, and does it work?
Logistics Viewpoints
OCTOBER 13, 2022
Many companies use the buzzword Artificial Intelligence (AI) in their sales and web pages. Extreme benefits are promised with minimal effort. Install an app on your mobile device, access a software platform, heaven opens up, all the benefits are showering down on you, and everyone walks around with a big smile. Does this sound familiar to you? The actual situation is different.
Above the Fold: Supply Chain Logistics News (October 14, 2022)
Talking Logistics
OCTOBER 14, 2022
What’s it like 282 feet below sea level? Under water, I don’t know, but it’s hot and dry at Badwater Basin, the lowest point in North America. I’ll be cycling 282 feet below sea level tomorrow, where Badwater Basin is one of the stops along the 100-mile JDRF Death Valley ride. The high temperature tomorrow. Read more Above the Fold: Supply Chain Logistics News (October 14, 2022).
The Supply Chain Has Synchronization Problems
Enterra Insights
OCTOBER 13, 2022
Almost everyone knows global supply chains have experienced challenges over the past year. The causes of trouble are myriad; however, synchronization is not often mentioned. The Oxford Languages dictionary defines synchronization as “the operation or activity of two or more things at the same time or rate.” When it comes to global supply chains, there are a lot more than two activities that must take place in harmony if things are going to proceed as planned.
The Supply Chain Transparency Challenge: Report Highlights Gap between Procurement Organisations’ Transparency Ambitions and their Capabilities
ivalua
OCTOBER 13, 2022
The majority of organizations consider supply chain transparency to be a top priority, however less than a third are satisfied with the level of visibility into their suppliers. Redwood City, CA, 13 October, 2022. A new report, “Data-Enabled Supply Chain Transparency” has revealed that 77% of respondents indicated their organization considers supply chain transparency to be critically or highly important.
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.
Is It Time to Evolve Your Supply Chain Network Design?
Logility
OCTOBER 10, 2022
Supply chain organizations are like any other part of a business – they’re always moving, changing, and trying to produce and deliver outcomes faster, more efficiently, and to everyone’s satisfaction. But even the most high-performing supply chains have process, infrastructure, and technology gaps that can become problematic if not addressed early.
How Smart Supply Chains Are Navigating the New Normal of Volatility
Supply Chain Brain
OCTOBER 11, 2022
Volatility is here to stay, and supply chains need long-term solutions to navigate change.
Supply Chain Planning in a Post-S&OP Era
Enterra Insights
OCTOBER 11, 2022
“Over the last fifteen years,” writes Lora Cecere ( @lcecere ), founder and CEO of Supply Chain Insights, “Sales and Operations Planning (S&OP) enjoyed a renaissance.”[1] She also hints it’s time to move on. She writes about a unit of DuPont (now acquired by DOW) that, in the early 2000s, was “ahead of [its] time on simulation analysis and cross-functional orchestration.” According to Cecere, the time for simulation analysis and cross-functional orch
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