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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.
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.
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.
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. I believe it is critical for the tactical planning horizon. Bimodal SupplyChains Are a Viable Strategy.
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. It’s also important to have the capability to track shipments anywhere along the supplychain, and receive alerts on potential delays.
As a Phd in inventory optimization, I’ve started my supplychain career in adjusting inventory parameters with surgical precision. I was, and I still am passionate about applying statistics and advanced analytics to the supplychain domain. I’m still training supplychain experts on how to do this.
New report reveals retention issue in supplychain – with significant implications for organizations. At a time when supplychain teams are under extreme pressure, keeping skilled people is more important than ever. Our data paints a picture of supplychain organizations under stress,” comments Preston.
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.
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. SupplyChain Management. The Infosys global supplychain management blog enables leaner supplychains through process and IT related interventions.
As an increasing number of organizations engage with vendors on a global level to fulfill their supplychains, the need for supplychain robustness has never been so critical. The Global SupplyChain Landscape: What is the current situation?
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. SupplyChain Management. The Infosys global supplychain management blog enables leaner supplychains through process and IT related interventions.
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. SupplyChain Management. The Infosys global supplychain management blog enables leaner supplychains through process and IT related interventions.
In my opinion, these are factors that led to the pollsters being so far off on the 2016 US election, and how supplychain practitioners can help these pollsters to improve. Balance is also critical for supplychains. We must have an ability to monitor the supplychain, and detect when it goes out of balance.
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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