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Will the supplychain ever catch a break? With every link of the supplychain impacting businesses both large and small, keeping up with the globally disrupted supplychain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged SupplyChain.
As the demands on supplychains continue to increase, so do the expectations of consumers. Supplychains are particularly affected by these changes, as well as other external influences that threaten to disrupt their daily operations, such as: extreme weather conditions, supply shortages, global health issues, and economic crises.
In business conversations, the term supplychain excellence rolls off the tongue frequently in meetings, but what does it mean? Supplychain excellence is harder to define than to say. We designed the SupplyChains to Admire Methodology to help companies define supplychain excellence.
This thing called research in the supplychain market has many arms and legs. I struggle to find a good supplychain academic journal, and often speak to my academic network about the need for one. Bimodal SupplyChains Are a Viable Strategy. The belief is that companies can invest in technology bimodally.
In the tradition of David Letterman, (in no particular order) let’s hit the Top 10 SupplyChain Predictions for 2012. Supplychain risk will not go away. At the start of 2011, I wrote a blog (SupplyChain Risk and Charles Darwin) that highlighted 2010 as the worst on record for supplychain disruptions.
Supplychain resilience is “the capacity of a supplychain to persist, adapt, or transform in the face of change” Wikipedia. I am thinking a lot this month about business resilience and the role of supplychain leaders. In the last decade, supplychain performance regressed.
Now, imagine if Sara’s applied the same supplychain strategy to both of these types of customers and channels. As you might expect, it would lead to numerous inefficiencies, jeopardize profits, and in a worst-case scenario, could even result in the business shutting down due to a completely collapsed supplychain.
Perhaps the most overworked word in the supplychain management lexicon is “visibility.” Yet it’s difficult to overstate the importance of a view into what’s going on in the supplychain. After all, you can’t source, make, move, store, deliver, measure or improve what you can’t see.
ADVA Optical Networking, a Meiningen based manufacturer of telecommunication equipment focusing on fiber-optic transmission technology, is the winner of the SupplyChain Management Award 2013. ADVA Optical Networking is being honored for the end-to-end supplychain solution with which it has secured strategic advantages.
Technology is disrupting the manufacturing industry, and with any type of change, comes opportunity. ChainLink Research recently released two reports about how digital technology is affecting today’s manufacturers. But convenience and digital connectedness are increasingly playing a greater role in the purchasing process.
Now, imagine if Sara’s applied the same supplychain strategy to both of these types of customers and channels. As you might expect, it would lead to numerous inefficiencies, jeopardize profits, and in a worst-case scenario, could even result in the business shutting down due to a completely collapsed supplychain.
In Part I of my SupplyChain Strategy series, I explained why the five tenets of High-Performing SupplyChains remain a great starting point to build your supplychain strategy. This post will explore the three capabilities essential to supplychain redesign. Frequent product portfolio changes.
In anticipation of his presentation at JDA’s Innovation Forum in Chicago on September 10, SupplyChain Nation sat down with Rick Blasgen, president and CEO of CSCMP, as part of our Expert Insight series to get a preview of his presentation on the State of SupplyChain Management. and other parts of the world?
Operations in the manufacturing sector are tightly linked. A change to production demands has implications all the way through to the supplychain, and vice versa. To illustrate this point, the CIO Review report pointed to a hypothetical opportunity to purchase items in bulk to obtain a lower per-unit price.
Operations in the manufacturing sector are tightly linked. A change to production demands has implications all the way through to the supplychain, and vice versa. To illustrate this point, the CIO Review report pointed to a hypothetical opportunity to purchase items in bulk to obtain a lower per-unit price.
The last 15 years have been a rollercoaster for supplychain professionals as companies embraced supplychain innovation, moving up the five steps of the supplychain maturity curve, supported by new technologies. Figure 1: A fresh look at the Five Tenets of High-Performing SupplyChains.
In this SupplyChain Matters posting, Ferrari Consulting and Research Group Managing Director Bob Ferrari pens highlights of Schneider Electric’s Innovation Summit conference and highlights of a conversation with the company’s Chief SupplyChain Officer. .
My hand was enjoying the warmth from the porcelain coffee cup and I was loving the solitude when a supplychain leader approached me with a cup of tea in his hand. Instead, deploy new technologies with pattern recognition to translate channel demand into DRP requirements. AutomateManufacturing to Use Independent Demand.
Building a High-Performing and Profitable SupplyChain. In Part I of my SupplyChain Strategy series, I explained why the five tenets of High-Performing SupplyChains remain a great starting point to build your supplychain strategy. Figure 4 – Maturity Model for Customer-Centric SupplyChains.
Managing inventory in a supplychain is complex due to issues like downtime, delays, and demand fluctuations. Multi-echelon Inventory Optimization (MEIO) is an advanced inventory management strategy that optimizes inventory levels across multiple stages or echelons in a supplychain.
The world has changed so dramatically that EY analysts Matthew Burton and Joost Vreeswijk assert global supplychains need to undergo a great reset.[1] 1] According to Burton and Vreeswijk, there are five elements that must be considered during this great supplychain reset. They write, “Think in expected values.
However, as carbon taxes and emissions reporting requirements continue increasing, supplychain professionals face mounting pressures from inside and outside their organizations to measure and improve performance against new, nebulous sustainability metrics. Sustainability is high on the list of favorite corporate buzzwords.
It named its approach ‘segmentation’ and asked customers what they wanted, so that the company could produce different offerings that matched varying needs and wants. What is CRM in SupplyChain Management? A brute force, one-size-fits-all approach in supplychain ends up over-serving some customers and under-serving others.
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