This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Image source: Oliver Wight. The right tools can help to assess how you can build towards your strategic plan. The post 7 Pitfalls of Stalled IBP Initiatives and How to Overcome Them appeared first on AIMMS SC Blog. In this part of the process, teams typically struggle with a lack of transparency and poorly aligned expectations.
Additionally, your platform still needs to provide your operations with an open portal into the common data lake, establishing access to a source of truth from any system or device in near real-time. Our mission and core values are the foundation of our culture and guiding source in our interactions. Sound too good to be true?
This includes the entry of the order, sourcing, payments, and fulfillment. The post How to Achieve the Perfect Delivery appeared first on Logistics Viewpoints. Distributed order management allows an organization to capture all information in the order management process across all relevant channels. You can watch the full video below.
There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. Price fluctuations and sourcing issues. Trade disputes and tariffs.
In "How to Avoid the Pitfalls of Contract Management in Telecom and High-Tech," GEP experts outline a four-pronged approach to getting contract management under control once and for all.
The key is to measure how well your supply chain can absorb uncertainty, rather than striving for perfect forecasts. Heres how to approach this shift from forecast-driven to uncertainty-driven planning: Acknowledge that your forecast will be wrong. If your forecast is wrong, then any decisions based on that forecast will also be wrong.
Download Now AI Solutions for Complex Demand Planning For supply chain professionals, managing demand involves analyzing multiple signals from diverse sources. A New Era of Demand Planning White Paper Learn more about these new demand models in this whitepaper.
It collects and stores data from a variety of sources. These sources may include electronic logging devices, telematics networks, mobile devices, RF devices, and GPS information from automatic identification systems for ship locations and NORAD for aircraft positioning. The post Do You See What I See?
The examples below show you how to do this in AIMMS SC Navigator Apps, but we encourage you to study these scenarios in the tools you have at your disposal. . There is a strategic incentive in understanding the optimal sourcing location for specific customers, and the optimal sourcing location for different resources.
Many application teams leave embedded analytics to languish until something—an unhappy customer, plummeting revenue, a spike in customer churn—demands change. But by then, it may be too late. In this White Paper, Logi Analytics has identified 5 tell-tale signs your project is moving from “nice to have” to “needed yesterday.".
My goal was to think harder about how to best implement Advanced Planning before I wrote my next post. In one project, I am interviewing over fifty supply chain leaders on their perceived impact of advanced planning, what makes a good plan, and how effectively they use the technology. What is the role of make, source, and deliver?
A data gateway is essentially a connective tissue across your supply chain, providing unified access to supply chain data from various sources, including enterprise systems, data feeds, data warehouses, data lakes, data marts, and business entities.
Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. How To Overcome Supply Chain Disruption. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions.
This article describes how to incorporate simulation techniques into optimization, build a stochastic optimization model, and end up with a more resilient supply chain model. Optimal sourcing plant is different for different periods A baseline optimization model shows that depending on the period (month), the optimal sourcing location varies.
Speaker: Shaunna Bruton, Danielle Wyllie, and Kailey Holmes
Gain insights into the following: 🎯 Understand the essential role of customer data in creating personalized retail experiences 🔍 Master the step-by-step process for collecting and analyzing data for personalization success 🚀 How to apply new found insights to enhance both online and offline shopping experiences 🛒 Learn (..)
Due to this awareness, freight sourcing is receiving increased interest from shippers. But freight sourcing has limitations as it has been done for the past four decades. To gain a competitive advantage, savvy supply chain professionals are digitizing their processes, from the very beginning, freight sourcing.
Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products. If nothing else, the last few years highlighted the importance of sourcing strategically. How to Move Forward. Upcoming Recession? Price Volatility.
A business will lose money if these resources and services are sourced from distant regions and locations. And vice versa, sourcing from nearby locations will save money and time. The following chapters will review three core local SEO strategies and focus on how to boost these essential SCM processes in your business.
This could mean reducing fuel consumption, machine CO 2 emissions, or transitioning their energy to hybrid, electric or hydrogen sources. By accumulating these accomplishments, Kobelco hopes to serve as a source of best practices to others in the manufacturing industry with similar challenges and aspirations. Supply Chain Instability.
It's no secret that hiring for a senior management position is a tough task for recruiters, and remaining open to changes and seeking better ways to source candidates is critical. How to Source Talent. In this eBook, learn: The Discovery Processes. Ways to Reach Best-fit Candidates.
Over time, it learns how to process more and more types of items and to place them automatically in the shopping bag. One of the cameras keeps an eye on the source container. This way, the Pick-it-Easy Robot keeps good track of the source container, which is why it always knows how to best handle an item.
In this blog post, we’ll explore the challenges of inventory management in today’s manufacturing landscape , discuss the importance of a “single source of truth” for global inventory, and introduce a powerful solution that can help manufacturers transform their operations and drive profitability. Wondering how to be prepared?
Image source: National Retail Association. How does building an emotional connection with customers increase loyalty? Image source: Twitter. How does communicative and transparent customer service increase loyalty? Image source: Ikea. How does a great in-store customer experience boost loyalty?
Whilst people spend years learning the art of counting money, and businesses grapple on how to account for their revenues and expenses, counting carbon is a relatively new concept. Identifying sources of Carbon emissions. The current practice on how to measure greenhouse gases, is to organize things into three buckets.
How much value could you add? This framework explains how application enhancements can extend your product offerings. Just by embedding analytics, application owners can charge 24% more for their product. Brought to you by Logi Analytics.
My first focus was on China sourcing. China was the source of over 90% of PPE.) I continue to think about the COVID-19 recovery and how to help clients. Explore alternative analytics and data sources to eliminate black holes. My last post on the Supply Chain Shaman blog was forty-five days ago. It is tough.
Follow the link to understand how to establish the naive forecast.) The data sourced from Y charts was charted by Regina Denman and shared with the statistics department at Georgia Tech. Process latency: Process latency is the time that it takes an organization to agree on how to use the signal to drive the decision.
Smarter, Not Harder: How to Climb Every Peak in Supply Chain Planning Supply chain planning is like a grand mountaineering expedition. Even before importing and selling any item, every step addresses complex challenges amplified by regulations dictating the origin of goods and ethical sourcing and labor practices.
Ultimately, sustainability benchmarking can help companies to understand whether their initiatives are effective and give guidance on how to make improvements. FourKites Sustainability Dashboard also enables companies to identify the highest source of freight-related emissions across the supply chain.
Speaker: Fernando Penteado, CPSM - Supply Chain and Logistics Executive, Global Markets Expert, and International Speaker
Now, as a variety of disruptive events cause supply chain challenges, companies are contemplating bold moves to keep business moving, including moving sourcing and manufacturing closer to home markets and maintaining a larger reserve stock to help manage the fluctuations in supply and demand.
The traditional leader values cost reduction but is blind on how to value time. Build in-market sourcing. Rationalize global strategies to focus on building markets based on in-market sourcing. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. Shift in cycles.
By integrating data sources and stakeholders, the cloud-enabled 3D EXPERIENCE platform enables collaborative decision-making that leads to agile processes. Read the full article here to learn more about how to drive future-proof operations, the supporting manufacturing strategies, as well as for more resources on the topic. The result?
A resilient supply chain incorporates alternative sources, carriers, routes, and other characteristics so that it can flex in response to a situation. To increase resiliency, consider broadening the supplier base and adding local or near-shore sources.
How Traditional Fulfillment Methods Fall Short So you’re looking at more complicated fulfillment networks, conflicting objectives, and the variance across store inventory. Well, there are a few shortcomings in traditional OMS sourcing logic. No worries, you can just use the logic built into your OMS, right?
Technology: Maximizing Capability Integration Assess the current technology infrastructure to determine how to integrate internal capabilities with external ones, considering scalability, compatibility, security, and data governance. An Analysis by Ivalua Read More : What is Source to Pay Best Practice?
According to the CIO, John Zavada, “Having a ‘single source of truth’ for our shoppers quickly drove a greater than 5% in online revenue and the number of net new customers.” The post How To Compete With Retail Giants — Without Spending a Fortune appeared first on Supply Chain Nation.
A company’s supply chain is a key source of competitive advantage and Supply Chain Management (SCM) is designed to allow a company to monitor its suppliers and utilize the available resources to improve performance. But most sourcing and procurement teams need to pivot and modify the way they handle SCM decisions.
Here I share how to challenge the status quo. Explore to understand the data sources, the cleanliness and frequency of data, and evaluate the use of machine learning and NoSQL to improve data quality and reduce data latency. Source: Horse for Courses definition Oxford Dictionary Reflection. What Does Not Work. Next Steps?
Using FVA and calculating the bullwhip effect helps companies understand how to drive improvement. Go to the source. I encourage all to explore the data available and how to drive insights. In the testing, three of the four companies deployed the wrong model, which degraded the demand signal with a negative FVA. (I
Five Ways to Improve your Supply Chains Resilience 1) Create Transparency This process involves determining the critical components for your operations and then, working with production personnel, identifying which ones are sourced from high-risk areas and lack ready substitutes.
To reduce the risk of supply chain disruption , shippers need to know what it means for their operation going into the start of May and how to use the right services to find available capacity before the CVSA roadcheck storm arrives. Is the CVSA Roadcheck Safety Blitz a Good Thing for the Industry. The overwhelming answer is “yes.”
The “how” of using features and functions is unclear: Distracted by the bells and whistles of a feature-rich platform, organizations may not fully understand how to maximize the value of available features. . What is the benefit of using a single source to pay solution? Demand planning capabilities.
Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. Procurement processes–encumbered by a focus on paperless processing, RFPs/RFQs, and efficient procurement–do not embrace the capabilities and requirements of direct material sourcing. Current State of Visibility.
These businesses struggle to collect data that is scattered all across their supply chain and in third-party sources. That’s how you’ll close the gap on retail giants. The post Why Retailers Need To Become Omni-Channel Jedis — and How To Do It appeared first on Supply Chain Nation. So why don’t more retailers take these steps?
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content