Unleashed

DECEMBER 7, 2020

What is supply chain risk management? Supply chain risk management is the process of identifying and managing issues within a supply chain. ordinated approach to implementing strategies to manage both daily challenges and unique risks.

Supply Chain Risk Management 76

Supply Chain Risk Management Supply Chain Planning Software Risk Management Supply Chain Design Software 76

Kinaxis

OCTOBER 1, 2014

by John Westerveld Reason #5: Not having a supply chain risk management process. Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. If your demand decreases, you have excess inventory or idle capacity.

Supply Chain Risk Management 255

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 255

Enterra Insights

JUNE 9, 2020

For years I’ve been writing about the importance of supply chain risk management and how it’s often given short shrift in business discussions. Today, ears are no longer deaf to the topic of supply chain risk management. 3] Those dimensions are: 1. . ” Homebound workforce.

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Planning 100

Exiger Perspectives

APRIL 3, 2023

Why a Supply Chain Risk Management Framework is Needed A supply chain risk management framework is critical for risk identification and effective management of the inherent and imposed risks in today’s business environment.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 52

Supply Chain Game Changer

JUNE 16, 2020

While most jobs are not life threatening the level of risk is still prevalent. What are the risks that Supply Chain people deal with every day and what is Supply Chain Risk Management? Supply Chain Risk Management. What is we had a chemical explosion?

Supply Chain Risk Management 57

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 57

Talking Logistics

JUNE 10, 2015

Over the past two years, I’ve written extensively about the growing importance of supply chain risk management and supply chain mapping. See for example: Rethinking Supply Chain Risk Management. Doing Nothing on Supply Chain Risk Management.

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Supply Chain Software Supply Chain Strategy 100

Logistics Viewpoints

JUNE 21, 2023

The factors impacting broader supply chains extend all the way down to the warehouse floor. In fact, pressures are very similar with warehouse labor cost inflation, labor shortages, and inventory shortages at the top of the “concerns” list. And they must be capable of adapting to various demands.

Supply Chain Planning Software 267

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 267

Logility

FEBRUARY 23, 2016

As in the aerospace industry, pushing the supply chain envelope involves increased risks that need to be analyzed and mitigated, if possible, or at least planned for. Each stretching of the envelope generates unique risks. For example, international product sourcing strategies aim to drive down per unit acquisition cost.

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Supply Chain Strategy Supply Chain Planning 100

Kinaxis

AUGUST 5, 2014

You have a supply chain risk management strategy in place. This key supplier had been identified and sure enough, you have a second source primed and ready to go. We have a problem.” The alternate source uses the same supplier in Taiwan. When you get to work, you get your team working on this issue.

Supply Chain Planning Software 267

Supply Chain Planning Software Inventory Reduction Sourcing Strategies Supply Chain Strategy 267

Logistics Viewpoints

SEPTEMBER 7, 2022

Ever since COVID hit, supply chain executives have embraced supply chain risk management. Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. Supply Chain Chaos is the New Norm. Do I need more inventory?

Supply Chain Visibility 228

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 228

Logistics Viewpoints

SEPTEMBER 26, 2022

So, if a recession appears likely, companies need to error on the side of a conservative forecast, be prepared to lay off workers sooner rather than later, and start drawing down their safety stock inventory. Many companies work to conserve cash by paying their vendors more slowly. Rising unemployment appears to be inevitable.

Vendor Strategies 231

Vendor Strategies Forecasting Long Beach Supply Chain 231

Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

Resilinc

JANUARY 19, 2022

Toyota’s competitive edge in supply chains was developed over a decade as it focused more on risk management and security of supply and less on efficiency and minimizing inventory costs. A better sourcing strategy appeared first on Resilinc. Recession and Fukushima prompt focus on resiliency.

Sourcing Strategies 62

Sourcing Strategies Inventory Reduction Price Reduction Cost Reduction Strategies 62

Supply Chain Game Changer

NOVEMBER 2, 2022

Subscribe to Supply Chain Game Changer. Supply Chain Risk Management is a Cirque Du Soleil Calibre Act! In today’s world, supply chains are more important than ever. In fact, 89% of businesses encountered a supplier risk event in the last five years. Subscribe Here! Email Address.

Supply Chain Planning Software 96

Supply Chain Planning Software Risk Management Supply Chain Software Predictive Analytics Software 96

Logistics Viewpoints

OCTOBER 17, 2024

In order to effectively manage risks in the current unstable global marketplaces, many suppliers have a thorough understanding of their own suppliers as well as supply chain bottlenecks that extend past the top tier of suppliers. Nari Viswanathan is Sr.

Manufacturing Procurement 243

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 243

ThroughPut

DECEMBER 1, 2023

With the unpredictable levels of demand fluctuations in today’s market, it’s crucial to effectively navigate the path to replenishment management in supply chains. What is Demand-driven Inventory Replenishment? Why Use Demand-driven Inventory Replenishment?

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Modeling Vendor Strategies 52

DELMIA Quintiq

APRIL 21, 2020

Managing exceptional risks requires insights and visibility of key information – this gives you the ability to minimize the impact of these unexpected, yet huge disruptions. It is a necessary part of supply chain risk management. But what are the characteristics of a resilient supply chain?

Modeling 302

Modeling Agile and Lean Supply Chain Supply Chain Disruption Optimal Sourcing 302

Precoro

JUNE 17, 2024

External supply chain risks, however, relate to conditions outside the company's influence, such as market tendencies, political climate, or regulatory environment. Importance of Supply Chain Risk Management Risk management is an important component of a general supply chain management strategy.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 89

ivalua

FEBRUARY 25, 2021

Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care?

Supply Chain Planning Software 221

Supply Chain Planning Software Optimal Sourcing Predictive Analytics Software Supply Chain Software 221

The Logistics & Supply Chain Management Society

JANUARY 13, 2021

Considering operational supply chain issues around the globe. Customer service, parts shortages, unprecedented inventory growth, and warrant management can actually take up internal sources and affect profit margins. Source: Vietnam Briefing. LogiSYM Supply Chain Magazine – December/January 2021.

Vietnam 35

Vietnam Supply Chain Risk Management China Risk Management 35

Kinaxis

OCTOBER 20, 2014

Reason #3 Not having end-to-end supply chain visibility. Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #5 Not having a supply chain risk management process. Reason #6 Not effectively managing inventory. I had to throw out some carrots yesterday.

Supply Chain Planning Software 257

Supply Chain Planning Software Inventory Reduction Modeling Cost Reduction Strategies 257

ivalua

FEBRUARY 8, 2023

But building an agile, resilient supply chain doesn’t happen overnight; it requires forethought and planning. had already been developing a supply chain risk management program and were in the midst of executing digital transformation initiatives when the crisis hit. Create speed and transparency.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

Supply Chain Matters

JUNE 17, 2022

Inventory Management Assessment- Samsung Electronics. We noted in our editorial likely needs for comprehensive inventory management assessments especially given the risk of higher working capital costs are a result of higher interest rates. Samsung ’s inventory balances reportedly reached the equivalent of $36.9

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

Logistics Viewpoints

APRIL 4, 2022

Not surprisingly a company this big, delivering different solutions to a variety of industries, has a complex supply chain. They source from approximately 15,000 suppliers with a sourcing spend of over €7 billion. For some customers, they manage the inventory using a vendor managed inventory program.

Supply Chain Transformation 216

Supply Chain Transformation Supply Chain Planning Software Modeling Scenario Planning 216

Logistics Viewpoints

OCTOBER 15, 2024

Technology Integration : Use of technology in logistics, inventory management, and supply chain tracking has helped improve efficiency and transparency. Sustainability : Amul focuses on sustainable practices, promoting eco-friendly methods among farmers and minimizing waste throughout the supply chain.

Optimal Sourcing 262

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 262

ivalua

NOVEMBER 26, 2020

Many nations are now facing the prospect of new lockdowns which will undoubtedly further impact global supply chains. . Supply Chain Risk Management on the World Stage – Lessons Learned. Reallocating their volumes and splitting between regions means increasing production costs for the security of supply. .

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

Logistics Viewpoints

FEBRUARY 15, 2023

According to our preliminary results, the most widespread tactics to be utilized in 2023 include planning and forecasting process improvements and sourcing of materials from more proximate/local suppliers. However, I am surprised at the degree that localized sourcing is being considered.

Supply Chain Planning 227

Supply Chain Planning Optimal Sourcing Supply Chain Optimization Supply Chain 227

Logistics Viewpoints

FEBRUARY 26, 2024

Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. Buying organizations use this technology to monitor and analyze supplier risk events in real-time. A customer of the risk solutions begins by listing key suppliers.

Supply Chain Planning Software 281

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 281

ToolsGroup

APRIL 1, 2022

Industry professionals have put in tireless hours and taken strategic measures to keep the supply chain moving and meet customer demand. Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

RFgen

APRIL 6, 2023

Key Takeaways: 89% of Digital Inventory Report respondents say data security is important to extremely important to their inventory operations. Supply chain risk management begins with an understanding of the risks to your organization and a strong proactive plan to mitigate risk.

Supply Chain Planning Software 52

Supply Chain Planning Software Risk Management Supply Chain Software Security 52

Supply Chain Matters

OCTOBER 28, 2024

We predicted that “ direct materials sourcing strategies will continue to include needs for future growth markets for products and services along with business supply network sustainability needs from either a business resiliency or sustainability commitment lens. supply chain activity.

Predictive Analytics Software 59

Predictive Analytics Software Manufacturing Procurement Cost Reduction Strategies Agile and Lean Supply Chain 59

Supply Chain Matters

OCTOBER 12, 2022

The Logistics Managers Index Report® , compiled by researchers at Arizona State University, Colorado State University, Rochester Institute of Technology, Rutgers University and the University of Nevada Reno , and in conjunction with the Council of Supply Chain Management Professionals (CSCMP) , reported a September value of 61.4,

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

ivalua

SEPTEMBER 14, 2022

With 30% of respondents indicating their organizations are suffering from an inability to assess risk across suppliers, many are investing in new strategies to minimize the frequency and impact of disruption. The study also found that suppliers will be vital for successfully ensuring supply continuity.

Supply Chain Planning Software 130

Supply Chain Planning Software Inventory Reduction Supply Chain Disruption Supply Chain Software 130

Kinaxis

AUGUST 18, 2014

I watched a TED Talk video by Philip Evans, from Boston Consulting Group and shuddered to think that all our traditional fulfillment and inventory models can be drastically transformed by the “consumer”. Supply Chains have primarily stayed on the outside of this challenge. What if the next great supply chain disruption was….

Modeling 263

Modeling Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 263

Resilinc

APRIL 1, 2024

Technology-Driven Supply Chain Mapping Instead of relying on traditional methods, we recommend technology-powered supply chain solutions to house and manage all your suppliers, locations, and parts in one platform. Some supply chain risk management platforms help make sending risk assessments easier.

Supply Chain Software 97

Supply Chain Software Analytics Software Supply Chain Network Software Tools 97

Enterra Insights

JUNE 22, 2021

Businesses need to inventory the risks, as well as materials and products, in their supply chains in order to plan for and, in theory, mitigate those risks. Businesses must therefore take stock of the new standards for natural disasters and prepare accordingly — or risk being caught off-guard.”[4].

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Supply Chain Strategy Modeling 130

Kinaxis

OCTOBER 2, 2014

The challenge is becoming even more daunting as Kennametal moves into the developing world, its most promising source of new business. The company’s biggest pain point, he says, is managing assets. General News Inventory management Sales and operations planning (S&OP) Supply chain management Supply chain risk management'

Demand Planning Software 177

Demand Planning Software Supply Chain Planning Software Inventory Management Software Supply and Demand 177