This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Having an effective supplychain practice has always been a difficult balancing act, even in relatively stable times. The pandemic has exposed flaws in business practices across industries, which have been acutely felt in their supplychain and procurement operations. Gap between supplychain and procurement.
For the athletes to beat all odds over 329 events across 32 sports, the organizers had to navigate a significantly challenging global supplychain to successfully host this year’s games. Reducing reliance on single suppliers and diversifying supply sources can mitigate the impact of disruptions in specific regions or industries.
My last post on the SupplyChain Shaman blog was forty-five days ago. Then it was the redefinition of the supplychain for the global shutdowns Sick with the virus; I spent my energies writing and moderating podcasts. As we moved into our new roles, for all supplychains, demand shifted. Time to Know.
In a survey we conducted in October 2020, 91% of our Indago supplychain research community members, who are all supplychainexecutives from manufacturing, retail, and distribution companies, either Agreed or Strongly Agreed that the time had come to transform the traditional transportation procurement process.
Many large enterprises use one form or another of a supplychain application to help manage their supplychains. Supplychain vendors have been touting their investments in artificial intelligence (AI) for the last several years. AI can refer to several different types of math.
Based on this, a multiple-month financial, supplychain, and capital expenditure plan is produced. A supplychain planning application is the core technology that enables robust planning. Historically, the supplychain plan that resulted from the IBP process was too static. More than 5.6
While the supplychain pressures that have built up over the last two years continue to abate as transportation capacity problems ease and consumption shifts from goods to services, newer challenges and opportunities lie ahead. As we turn the page on 2022 , I’d like to make five supplychain predictions about what to expect for 2023.
There is a multibillion-dollar supplychain software market that grew at double digit rates during the pandemic, and will continue to grow fast, that very few supplychainexecutives have heard of. The solution is called a supplychain collaboration network (SCCN). How can this be? Why the Rebranding?
Supplychain resiliency and sustainability are top priorities for CEOs today. To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supplychains to collaborative supply networks and actively design their supplychains.
ARC has done research and writing on supplychain collaboration networks. A supplychain collaboration network (SCCN) is a key technology for improved collaboration across an extended supplychain. SCCN solutions provide supplychain visibility and analytics across an extended supplychain.
Ever since COVID hit, supplychainexecutives have embraced supplychain risk management. Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. SupplyChain Chaos is the New Norm. Chasing N-Tier Visibility.
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.
In January 2023, the Germany SupplyChain Due Diligence Act will come into effect, requiring businesses to monitor supplychains for human rights violations and compliance with environmental standards. Abigail Myers-Antiaye – the principal product compliance manager at Coupa. This is not toothless legislation.
At the ARC Industry Leadership Forum in February, I had the opportunity to sit down with John Delligatti, Director of Digital SupplyChain Transformation at SDI , to discuss the pandemic, Maintenance, Repair and Operations (MRO), and the future of supplychain management. You can watch the full interview below.
A new study that the SCRC published with GEP examines the increasing pressure that supplychainexecutives are getting when it comes to responding to supplychain disruptions. In this study, we explore the primary forms of misalignment that exist between supplychain and procurementexecutives. (We
According to O*NET OnLine, a supplychain manager earns $103,530 per year in average. This article will show you the best career advice from top supplychain recruiters. If you’re a Procurement professional, what was your spend? Beyond that, make it quantifiable wherever possible.
After a dramatic drop at the beginning of the pandemic, SupplyChain Management (SCM) and Enterprise Resource Planning (ERP) software public valuations are near twice the ten-year average. The majority of the transactions are in Enterprise Resource Planning (91) versus supplychain planning (31). Imagining What Could Be.
If you’re a supplychain or logistics executive and you’re looking for ways to improve as a leader this year, here are my five recommendations: 1. Supplychain management is risky business — and the risks are growing every day. whenever you’re discussing supplychain strategy or decisions.
Yesterday, I finished a post on supplychain planning maturity. A client had asked me, “How do I know if we have a mature supplychain planning organization?” Excellence in supplychain planning is a cultural shift. The average supplychain leader has five distinct supplychains.
This blog is based on an article that recently ran in the Journal of SupplyChain Management, Logistics & Procurement, “ Supplychain agility: An imperative in an unpredictable world.”. while a full 70% of respondents described their supplychains as “very complex” or “extremely complex.” [2]
In this blog, Kristen discusses how revenue growth is tied to digital supplychains. The Center for Global Enterprise releases new research suggesting revenue growth at the hand of improved digital supplychains. The paper presents evidence from 24 top executives running the world’s largest supplychains.
” Dragons are a good analogy for the risks faced by supplychains. No one can say for sure what dragons lie ahead in 2025 for supplychains, but some risks are known. Navigating this years looming risks to build a secure supply network has never been more critical.[1] ”[3] Climate Change.
Food Logistics and sister publication Supply & Demand ChainExecutive also operate SCN Summit and Women in SupplyChain Forum. Key Takeaways: The Next Frontier in Food Logistics Alexis Mizell-Pleasant is managing editor at Food Logistics and Supply & Demand ChainExecutive.
The growing momentum around systems-based thinking in supplychain planning has given rise to a new concept called the “digital twin”. It allows you to accurately test the resilience of a complex, multi-echelon, global supplychain. How do you go about building a supplychain twin?
Last week, Clint Reiser published an article highlighting our 2022 supplychain predictions. While we have published predictions about supplychain technology trends at the beginning of the year in past years. This year we have decided to lead with our predictions about the broader supplychain function.
As manufacturers cope with heightened pressures for highly customized orders and sudden changes in demand, they experience a mismatch between their planning and procurement teams.
Gartner 2019 SCC: A New Era: Convergence of the Digital and Physical SupplyChain Savi attended the Gartner SupplyChainExecutive Conference again this year in Phoenix. Corning has a long, storied history of innovation, so it’s no surprise that they intend to extend that legacy to include their supplychain.
Over his 30+ year career in the supplychain, Richard has worked with manufacturers around the world in operations, supplychain, and lean strategy roles to develop systems that can manage complex supplychains on a global scale. Richard previously founded and led Factory Logic, Inc. acquired by SAP).
This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. Coupa also offers a robust, market share leading, supplychain design solution. Here are my top take-aways from Coupa Inspire. That has recently changed.
This blog is based on an article that recently ran in the Journal of SupplyChain Management, Logistics & Procurement, “ Supplychain agility: An imperative in an unpredictable world.”. In today’s age of great volatility, agility has become the new competitive differentiator.
I spoke today on the subject of Strategic Human Capital, and the importance of developing human resource planning for supplychains with Dan Finkenstadt at the NCMA World Congress. As shown in the figure below, there are diverse and sometimes competing goals between procurement, contract management and supplychain management.
So many thoughts in my mind… Yesterday, I signed a contract for Robert Gordon, author of the book, Rise and Fall of American Growth to speak at the SupplyChain Insights Global Summit on September 5th-8th in Lake Oconee, Georgia (north of Atlanta). What Are SupplyChain Leaders Clamoring For? So, why do I do this?
Mike is a Client Engagement Director at JBF Consulting , a supplychainexecution strategy and systems integrator for logistics-intensive companies of every size and any industry. Mike has extensive experience in Transportation and Logistics from procurement through operations leadership spanning 25+ years.
This award honors female supplychain leaders and executives whose accomplishments, mentorship and examples set a foundation for women in all levels of a company’s supplychain network. Every year, this award continues to amaze me.
I love the stories but question the fit of the metaphor(s) for a supplychain conference. In the world of supplychain management following 33 months of disruption, this is not the case. Note in Figure 1 the gaps from recent research between supplychain planning and manufacturing, logistics, and sales.
Managing supplychain SLAs have the added complication of geographic and cultural barriers. In response, supplychains have relied on a series on defined terms for use in international SLAs, Incoterms. In response, supplychains have relied on a series on defined terms for use in international SLAs, Incoterms.
The SDCE 100 spotlights successful and innovative projects that deliver bottom-line value to small, medium and large enterprises across the range of supplychain functions. These projects can serve as a map for supplychainexecutives looking for new opportunities to drive improvement in their own operations.
Regulatory reform has been top-of-mind for supplychainexecutives and political leaders in the US since the 2016 election. Supplychainexecutives need to take a few moments to learn more about the top 2018 manufacturing trends that will make it possible. Green Manufacturing Will Go Viral.
We believe that supplychain excellence helps a company to better balance demand and supply. We also believe that it helps companies to be more resilient: weathering demand and supply volatility while maximizing opportunities and mitigating risks. What does the future of supplychain excellence look like?”
Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.
For an ecommerce business to succeed, building a resilient and agile supplychain should be top priority. Without supplychain agility , unforeseen problems and short-term hiccups could result in major disruptions that are often expensive and sometimes irrecoverable. What is supplychainexecution?
Understanding more about the needs and wants of customers can help supplychain leaders make informed decisions, improve inventory management, and increase profitability. In recent months, conversations about how to improve forecasting in the supplychain have focused on a subject: demand sensing.
This shows hope that one day, we won’t need an award like this because men and women in the supplychain will be equal,” says Marina Mayer, Editor-in-Chief of Food Logistics and Supply & Demand ChainExecutive. At ToolsGroup, that mission is to make supplychain a force for good.
Here is the list: Supplychain technology implementations have reduced inventory. Companies should implement supplychain best practices. Companies that have focused on collaboration in the supplychain have built competitive advantage. Supplychain excellence matters. The reason?
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content