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As a supplychain executive, picture beginning your day with a cup of coffee when a news alert notifies you of newly imposed tariffs affecting your primary suppliers in China. Companies leaning heavily on global sourcing? Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos.
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.
” Here is an excerpt from the article: “…it isn’t by becoming more efficient that the supplychains of Wal-Mart, Dell, and Amazon have given those companies an edge over their competitors. According to my research, top-performing supplychains possess three very different qualities. The gap was large.
Those that also leverage scenarios in IBP are even better prepared to deal with the supplychain shocks caused by COVID-19. Our first webinar with Oliver Wight discussed common people, process and technology pitfalls that hinder IBP initiatives. Use case 2: Smart restructuring. ” – Tweet this.
Speaker: Fernando Penteado, CPSM - Supply Chain and Logistics Executive, Global Markets Expert, and International Speaker
The still-persistent effects of the pandemic have made it clear that the skills and tools that characterize traditional S&OP are not enough to respond to unprecedented interruptions. Join this exclusive webinar with internationally experienced supplychain executive Fernando Penteado to discover the solutions you need.
In fact, IDC predicts that manufacturers across Asia who digitally transform and accelerate sustainable innovation to improve supplychain operations, will increase their revenue by 20 percent in 2025. For reasons of climate change and profitability rewards, maintaining a more sustainable approach to the supplychain is obvious.
Integrated Business Planning (IBP), as defined by its creators at Oliver Wight , is “the business planning process that extends the principles of S&OP throughout the end-to-end supplychain, product, service and customer portfolios, customer demand and strategic planning, to deliver one seamless management process.”
Now more than ever, organizations must prepare their supplychain for the present and the unknown challenges and opportunities in the future. Integrating external factors like consumer price indexes, GDP trends, climate change, and others into the forecast can improve signaling for supplychain design.
Today, I am proud to launch the SupplyChain Index. It is my hope that the readers of this blog will take time to either join us today to listen to the launch of the SupplyChain Index on our webinar or listen to the replay. (We The SupplyChain Index has been two years in the making.
Today, I finished up a report on supplychain talent. After doing the analysis of the results, I even more firmly believe that supplychain talent is the missing link in the supplychain. It is the sourcing and development of mid-management talent. Average turnover of supplychain managers is 15%.
The COVID-19 pandemic has exposed many risks and uncertainties in supplychain networks. Current Technologies in Use for SupplyChain Network Design . Another use case we see for scenario modeling in the current context is evaluating new sourcing locations. Read on for common use cases. .
by Meranda Powers If you’re reading this, it’s highly likely you’re living the supplychain life. And if you’re living the supplychain life, it’s likely that you have come to the same realization we have – that operating a supplychain ‘as usual’ isn’t cutting it anymore.
Due to travel restrictions, I cannot attend many industry events, so I observe from home, watching webinars and remote broadcasts. Wikipedia Unleashing the Contrarian Here are my thoughts this morning over coffee: Gartner Top 25: Really A Celebration of SupplyChain Leadership? Surgery is over. I am safely recuperating at home.
In February, Klaus Niebur, the director of global supplychain risk management at Autoliv, and Jan Thiessen, the managing director at targetP!, spoke on best practices on supplychain risk management at ARC Advisory Group’s Digital Transformation in Industry conference. The implementation was not trivial.
ERP vs. Best-in-Class for Healthcare SupplyChain Management? Are ERP systems better than best-in-class supplychain solutions for managing healthcare supplychains? That’s the question we set out to answer in our recent panel discussion with Procurement and SupplyChain experts. The verdict?
But here, we’ll be talking about supplychain digital twins. A supplychain digital twin is a complete model of your supplychain that allows you to run what-if scenarios and determine the most efficient use of resources for fulfilling demand. Think about these supplychain networks for a moment.
The historically predictable supplychain no longer functions as it did in the past. Even if you do everything perfectly, if you fail the final inch of the supplychain, you can lose a customer forever.The holiday season is approaching faster than usual. Description: . Steve Rowen .
Supplychain disruption is a fact of life for every company that moves any type of product. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. A resilient supplychain may be stretched to the max, but it doesn’t break. Trade disputes and tariffs.
We believe that a key pillar of this transformation is the supplychain. With such growth comes supplychain complexity. Shift towards self-contracting and self-distribution: With health systems gaining significant scale and wanting more control over their supplychain, this shift is accelerating.
Supplychains are messy. Blockchain in SupplyChain Can Help. WHITE PAPER] The Top SupplyChain Trends that Will Impact SupplyChain Management in 2018. The inefficiencies that plague supplychains have seemingly been around forever. Blockchain in supplychain changes that.
Procurement and SupplyChain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supplychain focuses on service and procurement focuses on the cost of acquiring materials and services.
During the webinar, Ardent Partners highlighted a series of market trends and predictive scenarios for 2022, focusing on massive challenges brought on by the global pandemic that procurement organizations are facing today and present a thoughtful discourse on the road ahead. View Webinar Replay. Impact from Covid-19 will be massive.
Over the next two years, manufacturers are set to invest more than $250 billion in the Industrial Internet of Things (IIoT), and the use of technology to improve manufacturing will only increase. Let us take a closer look at some the advanced manufacturing technologies set to define the state of manufacturing throughout 2018.
About Alexis Mizell-Pleasant Alexis Mizell-Pleasant is Managing Editor at Food Logistics and Supply & Demand Chain Executive magazines where she is responsible for writing, editing, managing the awards programs, overseeing social media, moderating webinars, managing client relationships and more.
Risk permeates supplychains. The best-laid plans to avoid as many risks as possible often fall on deaf ears in supplychain management, but supplychain executives who take the time to understand the greatest threats can successfully position their companies to overcome such risks.
As a result, shippers need to know a few things about last mile automation. Startups Are Already Looking to Use Robots in Last Mile Automation. While this may seem out-of-place in last mile logistics, it shows the demand and proof of concept for robots in the last mile and the subsequent automation they bring. Freaky, right?
Procurement and supplychain teams will play a crucial role in making this vision a reality. By maximizing resource utilization and implementing careful procurement management, the government can source the best goods and services at the most competitive prices.
Introduction: The Importance of Sustainability in Asia/Pacific SupplyChains. Awareness about the impact of supplychains is growing late, with recent disruptions highlighting the benefits of increased integration between supplychain partners, resulting in greater visibility and agility.
As I picked it up , I saw a twitter alert welcoming people to the APICS webinar with @lcecere on Agility that afternoon. As we went live with the webinar, I laughed. Your supplychain needs to be agile too. Your supplychain needs to be agile too. The best supplychains are also designed for purpose.
The Answer Lies in Virtual Twin Technology. Through this blog, you will come to understand how digital technology will play a crucial role in accelerating this sustainable transformation, and how to get started. The technology enables and supports disruptive innovation and agile, customer-centric, circular business models in companies.
Digging in to find an absolute top-notch website to level up your supplychain management can be a bit difficult where there is less awareness about it. Alison SupplyChain Courses and SCMDOJO are among the most reliable sources on the internet when selecting an appropriate course. Click here!
A Production Scheduling solution does not compete with ERP; they integrate and talk to MRPs to incorporate finite capacity optimization and automate transactions. They complement, strengthen, and leverage them to deliver overall value to supplychain operations. “I
Use these tips and tools to identify, capture and convert relevant measurements into digital transformation. We’ll be covering these and more in an upcoming webinar. #1 1 Use automation for touchless processing – “Touchless” means data is electronic, transactions match the first time and need no human intervention. . #1
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.
During these tumultuous times, achieving AP automation superhero status may seem an impossible task, as you continue to battle disrupted supplychains, high costs and general chaos. In a recent webinar hosted by Ivalua , Walden explained that the key is a multifaceted approach.
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.
Wilko, to start off, could you tell us more about the supplychain division you work for? . I work for Global SupplyChain, a division based in Zoeterwoude (the Netherlands). Every country or operating company has its own supplychain team and is responsible for managing its own capacity, demand and supply.
And for organizations with even moderately complex multinational supplychains, the mounting challenges are the most significant that they’ve faced to date. A fresh set of supplychain strategies are need, the quicker the better. Learn the importance of incorporating the financial dimension in supplychain planning.
Disruptions are the norm in supplychain planning leaders. Gartner research reveals that 60% of chief supplychain officers (CSCOs) are under pressure to make real-time decisions faster, more accurately, and consistently. And the stakes are intensifying.
The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supplychain resilience and continuity, reduce costs and protect the bottom line. Forrester’s study of 500 Procurement Professionals looked into the opportunities for SVM software to help return business to sustained growth.
I was writing the book, Bricks Matter and I wanted a better definition of SupplyChain Excellence. I believed that there was a strong tie between supplychain excellence and corporate performance. We started with mining the data on supplychain financial ratios within industry groups. Check them out!
The pandemic wreaked havoc on businesses and their supplychains, but even in these trying times, there’s a silver lining. What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence.
SAP, the market share leader for supplychain management, lags the industry in delivering decision support and network capabilities for supplychain leaders. Based on the SupplyChains to Admire analysis, companies focusing on IT standardization of ERP-centric platforms, score lower on growth than peer groups.
I think defining the future of SupplyChaintechnology means that we, as supplychain leaders, need to take a hard left. Today’s supplychains use closed and proprietary technologies. I believe we need to move to Open Source tech. What do I mean? Let me explain. The reason?
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