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Preparing to Run Supply Chains at the End of the Second Global Economy

Supply Chain Shaman

Supply chain leaders were slow to adopt advances in Big Data Analytics. In parallel, PE/venture capitalists purchased/consolidated network solutions, slashing R&D and delaying investment, reducing industry capabilities. – The Myopic Focus on Cost Reduces Effectiveness. – Technology Evolution Outpaced Adoption.

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Step Past AI Hype Drive Real Value

Supply Chain Shaman

Most of the business networks were hollowed out by venture capitalists or purchased by opportunists. ” My problem is that we move through these hype cycles with little accountability for spending and with a major opportunity cost to not redefine work. Or that a focus on cost reduction can actually undermine value creation?)

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How To Jump

Supply Chain Shaman

Let’s start with definitions: Self Service Planning: Decision support technologies designed for business leaders to use analytic techniques on a collaborative platform to improve business planning. Outside-in Planning: Modeling based on channel and supply network signals. This week, I was at Informs Analytics Conference.

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This Week in Logistics News (February 19 – 25)

Logistics Viewpoints

The potential supply chain impacts of this conflict dwarf any other supply chain news that might be reported. These rising prices can cut into the profits of manufacturers, distributors, and retailers who are reliant on this form of energy for powering their facilities. This week’s news will all center on this war. Oil Prices Jump.

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The Importance of Customer Experience

OptiProERP

Analysts are joining in: A Walker study reported that customer experience will overtake price and product as the key brand differentiator by the end of 2020. Source: PwC Report, Experience is Everything: Get it Right. The shop floor has become the focus for enterprises hoping to extend extraordinary customer service.

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5 Best Logistics Books to Keep Within Reach

Supply Chain Opz

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. The links below are paid links.

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5 Reasons Why You Need to Stick with Lean Manufacturing Principles

USC Consulting Group

One of the most successful and widely utilized in the manufacturing sector is just-in-time inventory. Although not exclusive to manufacturers, lean manufacturing — as it’s more commonly known — is designed to improve process efficiencies by minimizing waste and maximizing output, producing just enough volume to sell quickly.