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ARC Advisory Group has been covering the SupplyChainPlanning ( SCP ) market for 17 years. The pandemic brought home the need for companies to run agile and resilient supplychains. Supplychain agility reflects a company’s ability to respond quickly to surges or plummeting demand.
S upply chainplanning requires constraints to be mapped. Supplychain management has been in the news. But the intricacies of supplychain management are beyond the grasp of most. One key solution used to help manage complex supplychains is supplychainplanning (SCP).
As supplychains become more impacted by market disruptions and unpredictable events, they’re also becoming more critical to a company’s customer experience levels and bottom line. Why Monitor Transportation Metrics. Why Monitor Transportation Metrics. Actionable data is one of the most critical business drivers.
For businesses of all sizes, the digital transformation of supplychainplanning became the most important initiative. . Considering this surge in digital transformation and the changing needs of 2021, here are some insights and tips for embarking on SupplyChain Digital Transformation projects.
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.
These include: Challenges getting ESG metrics from suppliers, partners, and other third parties. Time-consuming manual processes to report on ESG metrics. Complexities integrating data from across global supplychains. Start with your supplychain. Moving the cloud is one way to start to this process.
Yesterday, I finished a post on supplychainplanning maturity. A client had asked me, “How do I know if we have a mature supplychainplanning organization?” ” Planning leadership is a problem for most organizations. General Mills is much better at planning than Kellogg.
There are numerous indications that supplychain is more critical than ever. Results from The Conference Board’s C-SUITE OUTLOOK survey showed supplychain disruptions, labor shortages, and rising inflation to be 3 of the 5 high impact external factors on the minds of CEOs.
During my current supplychainplanning market research, I have received briefings from several SCP companies. Many say that they are using generative AI, a type of AI that can create new content and ideas, as part of their journey toward autonomous planning. Solvoyo has a metric they call the user acceptance rate.
A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The Center of Excellence at the company wanted to improve base-level capabilities but struggled to move forward due to the traditional views of the planning team, which they felt were self-serving.
As an engineer, former solutions architect and now CEO of a leading supplychain technology company, I have a real affinity and respect for Chief Information Officers (CIOs) and their teams, without whom successful enterprise technology deployments would be impossible. What’s more, today’s supplychains operate at lean levels.
This spike in home deliveries disrupts supplychains and increases planning complexity for retailers and express companies. There’s a battle to win and retain consumers at the last mile, but the many moving and interdependent parts of last mile operations are making it the most complex and expensive part of the supplychain.
That’s why staying on top of the latest supplychainplanning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supplychainplanning.
This is a story for the Eds, Franks, and Toms working together in supplychains across the globe. It is also a story for a young supplychain manager attempting to make a difference, but feeling stymied. Efficient supplychains may not be the most effective. Need for SupplyChain Leadership.
The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. SupplyChain Planners Analogous to Secretarial Pools? Why Jump Now?
My client attempted to have a supplychain discussion to improve flow, and his executive group just did not get it. As a result, my client became a pawn to eliminate as he drove to his goal of supplychain improvement. A warehouse is the tip of the spear for dysfunction. I also ran three outside warehouses.
This weekend, I edited the SupplyChains to Admire report. Planning Needs to Change. In the past five years, companies have 5-10X the number of AGVs in their warehouses, but 40-60% more planners in corporate. We have successfully reduced warehouse labor, but planning is more labor intensive today, and less effective.
This year, a recurring theme that I saw was about using supplychain data to improve the customer experience across the entire value chain. Here are the ones that stood out to me, especially as it relates to supplychain data. This new dashboard gives retailers a lot of supplychain data to see where they stand.
Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supplychain insights and advice. This article is from Michael Balint at Solvoyo and looks at the fresh produce supplychain. To read the article, click HERE.
The logistics and supplychain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Renewable Energy for Facilities: Warehouses and distribution centers can integrate solar panels and wind turbines to lower energy costs and carbon footprints.
The global supplychain industry has by default, a large environmental impact, through its carbon footprint. We are committed to preparing the supplychains of the future. In addition, CEVA Logistics was also appointed by General Motors (GM) to manage its entire ventilator production supplychain in support of the U.S.
Autonomous SupplyChains In this competitive environment, a CPG manufacturer needs to fight to get space on retailer shelves in each region, keep those shelves stocked, compete and collaborate simultaneously with e-commerce, and maintain its operating margins. each with discrete plans generated typically in sequential batch runs.
Because of service disruptions – not being able to buy toilet paper, for example – the supplychain has been more discussed than ever before. It was also a very, very tough year for supplychain professionals working in the grocery supplychain. Supplychain management is not getting any easier.
The most common one is a scorecard for supplychain. Consumer packaged goods companies are paid when the goods land in the retailer’s warehouse, not when they cross the register, and trade funds can distort the demand signal. We are also finishing up the project on supplychainplanning maturity.
As companies look ahead to the next three to six months, they’re weighing costs, risks, and demand as they plan and adapt their inventory strategies. To do this, leaders are increasingly focused on getting supplychain-centric information into the hands of people who need it to do their jobs.
Warehouse managers face constant pressure to move more products, reduce damage, improve order cycle times, boost employee morale, and more. Legacy systems traditionally used for warehouse management are inefficient in the modern era; even systems in the 5- to 10-year age range. Download white paper.
For the last decade supplychain leaders and CIO’s have been evaluating when and how to move their supplychain applications to the cloud. Timely and accurate data – Digital planning platforms are driven by timely and accurate data.
Time For A SupplyChain Check-Up? When a company contacts me to help them with their supplychain, the pain is usually a gap in customer service. To complete a supplychain diagnostic, I take these four steps: Step One. Here I share insights on how to get started using a four-step process.
Driver shortages have become even more of a reality in the supplychain industry for a number of reasons, chief among them being the sharp rise in demand. By analyzing data, monitoring KPIs and making decisions based on facts, you can better predict the market and plan for better business outcomes. Keep Your Eyes on the Road.
A quick scan of the Internet will yield a long list of “the biggest-ever supplychain disasters”. Poorly implemented demand planning software mis-forecasts demand for branded sneakers. Demand planning systems unable to forecast demand-slowing associated with economic meltdown. A few of the most infamous are listed below.
Breaking Boundaries: Exploring Generative AI’s Impact on SupplyChainsSupplychains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution.
Last month I participated in Oracle’s Perfect Delivery Virtual Summit , along with Matt Leonard from SupplyChain Dive, Marcelo de Matheus from Tramontina, and Mohamed Absar from DP World. What is the Perfect Delivery Metric? As supplychain complexity increases, perfect deliveries become more difficult.
Reimagine SupplyChain of the future: There are many facets to imagining SupplyChain of Future. What are the learnings from Covid disaster that leaders will incorporate into future supplychains? Let us study major highlights of SupplyChains of the future. . — Jeff Bezos, CEO, Amazon.
However, AI’s inability to solve the very limited problem of ensuring that inventory is located in the right place in a warehouse suggests that planners don’t have to worry too much about job security. For fulfillment to be efficient, a warehouse needs the right inventory located in the right slots in a warehouse.
by John Westerveld When scrolling through my news feed Friday, I found this article from SCN : “ Collaboration Key in Creating Competitive Advantages Through SupplyChains “ The article describes research recently published by the University of Tennessee, Knoxville’s Global SupplyChain Institute.
Let’s consider these top factors affecting the trucking market, their implications on supplychains and how they are driving change within the industry. . Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? to avoid significant supplychain disruption.
While demand is high, ongoing product shortages continue to cause supplychain disruptions, create unpredictable shopping behaviors and drive rapid delivery expectations. And it’s safe to assume that logistics digitization will continue to deliver a significant competitive edge as supplychain complexity and uncertainty grow.
But then, supplychain disruption became the rule instead of the exception, consumers changed their tastes as often as their socks, and global competition started playing hardball. Once upon a time, the world of manufacturing was a relatively stable place. So how does a manufacturer navigate this rollercoaster?
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.
What Shippers and Retailers Need to Know for Peak Season Planning 2022. Original Article: What Shippers and Retailers Need to Know for Peak Season Planning 2022. We’ve seen how the lockdowns in Shanghai snarled global supplychains. WRITTEN BY STEFANY MARTIN / POSTED ON JUNE 9, 2022.
Whilst the COVID-19 pandemic spreads across the world, it is vital for organisations to ensure a reliable supply of products and services. Lockdown of cities and manufacturing plants have significantly impacted many industries’ supplychains. Leadership in SupplyChain. fashion, automotive, spare parts, airlines).
Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. While we will recover quickly in retail (moving from painful shortages to a glut of inventory), the chemical industry–sitting four and five layers back in the supplychain–takes longer to recover.
Part of the challenge in managing the modern supply-chain is due to its sheer size and complexity. An optimized supplychain is one that is as efficient as possible; it is more likely to reduce costs, increase customer satisfaction rates, and add value for stakeholders. Defining Transportation Optimization.
Mars has been on a journey to transform their digital supplychain. In 2019, Will Beery was appointed the vice president and tasked with leading the company’s global digital supplychain transformation. Mars’s Digital Transformation Mr. Beery started by asking, “what does a digital supplychain mean for us?”
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