Remove Supply Chain Remove Supply Chain Segmentation Remove Supply Chain Software
article thumbnail

Supply Chain Segmentation: A Smarter Strategy for Satisfying Customers and Increasing Profits

ThroughPut

Now, imagine if Sara’s applied the same supply chain strategy to both of these types of customers and channels. As you might expect, it would lead to numerous inefficiencies, jeopardize profits, and in a worst-case scenario, could even result in the business shutting down due to a completely collapsed supply chain.

article thumbnail

#1! Are you a Supply Chain Digital Champion?

ivalua

As the demands on supply chains continue to increase, so do the expectations of consumers. Supply chains 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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

My Lessons in Interviewing Supply Chains to Admire Award Winners

Supply Chain Shaman

In business conversations, the term supply chain excellence rolls off the tongue frequently in meetings, but what does it mean? Supply chain excellence is harder to define than to say. We designed the Supply Chains to Admire Methodology to help companies define supply chain excellence.

article thumbnail

Industrie 4.0: Its Impact on Supply Chain Planning

ToolsGroup

The “4” refers to a fourth industrial revolution, following steam power, mass production, and then IT and robotic automation. to supply chains. The clearest impact on supply chain planning involves demand. digitization and automation of production means goods can be produced more flexibly and more quickly.

article thumbnail

What Kind of Reset Does the Supply Chain Need? Part Two

Enterra Insights

The world has changed so dramatically that EY analysts Matthew Burton and Joost Vreeswijk assert global supply chains need to undergo a great reset.[1] 1] According to Burton and Vreeswijk, there are five elements that must be considered during this great supply chain reset. They write, “Think in expected values.

article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Will the supply chain ever catch a break? With every link of the supply chain impacting businesses both large and small, keeping up with the globally disrupted supply chain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged Supply Chain.

article thumbnail

How to Attain “Stage 4” Supply Chain Planning Maturity

ToolsGroup

Gartner has identified five stages of supply chain planning maturity and they say that 70-80% of companies plan to increase their supply chain planning (SCP) technology spend over the next two years to climb to the next level. Build more resilient supply chain plans (e.g.,