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SupplyChain & Logistics News Round-Up (October 7th – 11th) This past week, I’ve been playing tourist in London, one of my favorite cities in Europe. In the context of supplychains, I found the exhibit fascinating and saw that the obsession with foreign objects has persisted throughout history.
This ambitious initiative is set to transform various aspects of the supplychain, from manufacturing and job creation to research and development, infrastructure upgrades, and sustainability efforts. Long-Term Impact on the SupplyChain Apples $500 billion investment is poised to have a lasting impact on the supplychain landscape.
Supplychain sustainability is a higher priority than ever. In MIT’s State of SupplyChain Sustainability 2021 , 80% of executives surveyed said the pandemic either had no impact on their commitment or increased it. We must plan, source, make, and deliver differently for supplychain sustainability.
Having an effective supplychain practice has always been a difficult balancing act, even in relatively stable times. Many factors need to align for an organization to be able to source materials, produce a product and put it in the hands of customers. Gap between supplychain and procurement.
The future of supplychain I foresee brings new risks and challenges, along with recognition that doing things the same way will no longer lead to the same success. Just as the saguaro is both nursed by and supports life in its ecosystem, it behooves supplychains to invest in their ecosystems, both suppliers and employees.
Getting started with AI in supplychain might not start where you think. Instead start with the foundation of your AI strategy, which should be an understanding of your company’s supplychain and your data. Since this advice on getting started with AI in supplychain may seem counterintuitive, let me explain.
Few organizations are immune to the effects, which are acutely felt in supplychains — and the more complex they are, the greater the probability of interruptions. The study found that these leaders considered the largest gap to be between supplychain and procurement, citing it as a major issue. Collaboration is Key.
states, obvious disruptions to supplychains and supplychain risk management were a given. Many of the states affected contained key ports and supply destinations, as well as transportation and logistics hubs. The human links of the supplychain were stressed. These ports accounted for 18.3%
This description by a Chief SupplyChain Officer of the state of the supplychain he found in his new role stuck with me. Unlike a supplychain, these steps rely on no disruption to their execution. While there is endless speculation, from my reading two supplychain-specific opportunities intrigued me.
Wishing your supplychain were strengthened rather than strangled under these conditions? There’s an older term now being applied to supplychains for this capacity: antifragility. While the concept isn’t new, its application to supplychain is emerging, albeit without clear definition yet. A survey by boom!
GEP and the NorthCarolina State University (NCSU) SupplyChain Resource Cooperative surveyed supplychain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supplychain resilience and optimization.
Food hubs are one channel to fill this gap, as food hubs manage aggregation, distribution and marketing of source-identified food products to satisfy wholesale, retail, and institutional demands. Local Food Systems Logistics Retail Logistics SupplyChain Economics SupplyChain Management'
by Melissa Clow This guest post comes to us from Jim Fulcher , Blogger on the SupplyChain Expert Community. Those sources also said the manufacturing facility would require at least 1,000 acres of land. What supplychain risks do you see?
Do we even need supplychain planners, or can we turn out the lights and go home, because we now live in a world of autonomous planning? According to the MHI Industry Annual Report , AI and machine learning adoption in supplychains is only 12% today, but the curve is expected to rise rapidly to 60% within five years.
The question was simple, “What will be the impact of Hurricane Florence on the supplychain?” NorthCarolina, South Carolina, Virginia and Georgia sit squarely in the storm’s path. The supplychain impacts will ripple across the states as Florence moves west. Expect surprise.
We salute the year’s top advancements in supplychain technology and processes. Thanks to omni-channel distribution, 3-D printing, self-service logistics and other avenues of disintermediation, traditional supplychain roles are rapidly being transformed into all-new opportunities. Warehouse Automation. Media Type.
Commercial aircraft designer and producer Airbus announced its commercial aircraft divisions and associated supplychainsupply networks aircraft delivery goal for 2025. Concerning the Airbus A350 twin aisle wide body aircraft, the fuselage sections were being produced at a Spirit facilities in Kinston, NorthCarolina , and St.
I helped create the first North American chapter of BVL International in the Carolinas, and we hosted two meetings at Volvo in NorthCarolina and Thyssen-Krupp in South Carolina. We just finished hosting over 150 executives at our SupplyChain Resource Cooperative, with a theme on SupplyChain Analytics.
This week, the company announced a reversal in manufacturing and supplychain strategy, as well as a major turnabout. Supplychain strategy, process, talent and enabling technologies each play important roles. The supplychain supporting the delivery of equipment is the de-facto facilitator of this business model.
This is especially true of supplychain professionals, where there is today a large talent gap.”[4]. How about partner relationships and product and service sourcing knowledge? 4] Jerry Marino, “ Experts Leave: Don’t Lose SupplyChain Knowledge Too ,” EBN, 1 February 2018. [5] ”[4].
Author’s Note: Below is an excerpt from Moving Up the SupplyChain Maturity Curve: The Process Industry Executive Agenda for 2016 and Beyond , a white paper recently published by Elemica with research conducted by Adelante SCM. When it comes to supplychain management, however, many companies are far from achieving that swing.
NorthCarolina State Poole College of Management recently produced this 28 page report entitled “ 2019 SupplyChain Data Quality and Governance Study ”. Source: 2019 SupplyChain Data Quality and Governance Study. Source: 2019 SupplyChain Data Quality and Governance Study.
The SupplyChain Resource Cooperative (SCRC) in NorthCarolina State University’s Poole College of Management is one of several partners in a five- year, $3.9 million grant-funded project to build and evaluate supplychains for local farmers and fishers to supply large-scale markets in NorthCarolina.
Additional SupplyChain Matters Perspectives In a published posting in October, SupplyChain Matters highlighted reports of an ongoing price war occurring among both FedEx and UPS occurring during the current holiday fulfillment period. All rights reserved.
Disruption is generally anathema in supplychain circles. 2] That may be true; nevertheless, Luigi De Bernardini ( @ldebernardini ), CEO of Autoware, asserts, “Digitalization is impacting and probably disrupting the supplychain — or at least the traditional concept we have for supplychain.”[3]
Source: NWS. Light ice accumulation in parts of the Lower Mississippi Valley and the Piedmont of northern NorthCarolina and southern Virginia could cause hazardous driving conditions. A powerful winter storm will begin hitting the Pacific Northwest on Friday, February 12th, and is expected to move across the southern U.S.
Successfully rolling out a supplychain management system can be an extraordinarily complex and stressful project – not to mention expensive. In this guide to implementing supplychain management systems: What is a supplychain management system? Why implement a supplychain management system?
WISE is a student organization with the primary purpose of promoting the field of supplychain management/logistics. Stephanie: WISE stands for Women Impacting SupplyChain Excellence. Tell us a little bit about how you came to be in the supplychain field. Susan: Can you please share more about WISE?
NC State’s SupplyChain Resource Cooperative has played an important role in the development of these ratings, since the early days of its development. Based on several iterations of discussions, reviews of metrics, and benchmarking, the team settled on a system for assessing two important indications of supplychain performance.
According to Dr. Richard Florida, one of our keynote speakers at the SupplyChain Insights Global Summit, my description fits about 30% of us in the workforce. We believe that this redefines supplychains in the Race for SupplyChain 2020. Cartoon sourced from the Roanoke Times. (Weblink [link].
As we sit down to Thanksgiving dinner, letting our eyes devour the feast ahead of the actual eating, one of the things for which we should be thankful is the supplychain that brought the bounty to the table. At the original Thanksgiving feast, the pickings were much slimmer and all ingredients were sourced locally. Footnotes.
It will deliver tropical-storm-level winds by noon Thursday to NorthCarolina's coast, and hurricane-force winds and dangerous storm surges by late Thursday or early Friday. For residents and businesses in the Carolinas and neighboring states, it’s vital to take all evacuation warnings and damage estimates seriously.
The recent devastation wrought on Western NorthCarolina is devastating. Intravenous (IV) Bags Shortages caused by Hurricane Helene have forced hospitals all over the country to begin postponing surgeries as a way to ration supplies for the most fragile patients. But there is another effect, that the media is often not aware of.
While Kanban’s primary service is warehousing and distribution, this trailer acquisition demonstrates the growth of the company’s logistics transportation services in Eastern NorthCarolina. NorthCarolina logistics transportation services. To learn more about our NorthCarolina logistics capabilities, contact us today.
SupplyChain Matters provides added information and perspectives related to last week’s natural disaster involving a U.S. Background On July 19, a devastating tornado with reported winds of upwards of 150 miles-per-hour devastated an area in eastern NorthCarolina. Pfizer drug manufacturing facility. All rights reserved.
Supply disruption risk has risen as one of the top challenges for supplychain managers. This has resulted in increased activity for firms that monitor supplychain riskssuch as Resilinc , Risk Metrics , and Everstream Analytics. We had a total of about 60 people in the end.
Communication is Essential for SupplyChain Leaders I had the pleasure of speaking with Jodie Clarke, Vice President of Procurement at Altria Client Services thisweek. Jodie grew up in Western NorthCarolina and graduated from Virginia Tech with a Master’ of Science in Crop & Soil Environmental Science.
We are in the last stages of planning for our upcoming 31st Semi-Annual SupplyChain Resource Cooperative (SCRC) Meeting on Monday and Tuesday, April 27-28, 2015 at NorthCarolina State University.
Although strategic sourcing capabilities are well established in industries ranging from automotive to electronics, they are still in the formative stages in the biotechnology sector. In the last several years, the company has undergone a huge shift in the way it operates its supplychain, particularly in the management of sourcing.
SupplyChain Matters highlights increasing reports of flooding potential for portions of the U.S. The storm track is expected to meander on a course headed for Georgia and the South Carolina and NorthCarolina coastal regions. Southeast as a result of Hurricane Debby. Hurricane Debby Meanders Across U.S.
It will deliver tropical-storm-level winds by noon Thursday to NorthCarolina's coast, and hurricane-force winds and dangerous storm surges by late Thursday or early Friday. For residents and businesses in the Carolinas and neighboring states, it’s vital to take all evacuation warnings and damage estimates seriously.
In this October 10, 2023 2023 edition of SupplyChain Matters This Week in SupplyChain Technology we provide our capsule highlights of investments announced by supplychain management focused tech providers. with more than 75 locations in Alabama, Florida, Georgia, NorthCarolina , and South Carolina.
Second, the nature of Germany’s supplychain is focused on near-shoring. Finally, the government in Germany is strongly pro-business, unlike our current administration which seems to view big business as not only the enemy, but the source of all that is wrong with the economy.
Joydeep Ganguly from Biogen Ide c spoke in my SupplyChain Relationships class last week, and shared his insights on how Biogen’s supplychain evolved. Supplychain has a big focus on the currency of today’s theories being implemented here. The supplychain is NOT nimble and people struggle.
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