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How 3PLs Can Gain Visibility and a Competitive Advantage Offering Automated Billing and a Self-Service Interactive Customer Portal It’s hard to imagine a third-party logistics (3PL) business today operating without some form of a warehouse management system ( WMS ) connecting the digital dots. But can technology do more?
Makers of weight loss drugs are looking out a big picture window of patented opportunity right now, but this rosy view is blocked by supplychain challenges. What role can supplychain play in preventing stockouts? So how can supplychain orchestration help?
As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supplychain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supplychain strategy.
Massive supplychain disruptions are being experienced around the globe, and the causes are many and complex. Factors affecting the supplychain. When China shut down operations in a bid to contain Covid-19, supplychains ran out of material. How can businesses create the supplychain of the future?
Editor's Note: This guest contribution the Cerasis blog comes from our friends over at Fronetics an inbound and content marketing company who specializes in marketing for companies with a keen value adding business model for those in the supplychain and logistics industries. SupplyChainPlanning Starts with Looking Back.
Reverse logistics, while not being the opposite of forward logistics, is still about products moving backwards in the supplychain. A well-implemented reverse logistics system is essential for managing these backward movements efficiently. A plan is necessary, possibly based on one of the following strategies.
Has your company ever suffered problems with, implemented, or even considered implementing a sales and operations (S&OP) planning process? Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. The SupplyChain Head.
If you were to tell me that your company had never looked at its supplychain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supplychain cost reduction, I wouldn’t be surprised at all.
Whether you’re planning to benchmark your supplychain or simply trying to improve how you measure its performance, it makes sense to know a little about the most commonly used KPIs for each supplychain component. A lot will depend on the nature of your industry and the categories of supplies that you receive.
If your company’s supplychain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the resiliency test. Let’s start here: what is supplychain resilience? What is SupplyChain Resilience? Embracing technology is part of that solution.
Planning such a large operation efficiently is no doubt a challenge, but HEINEKEN’s quest for efficiency started in the company’s early years. Today, the company is betting on prescriptive analytics to plan its operations more efficiently and prevent lost sales in a constantly changing market. But it had its limitations, of course.
As a supplychain director, manager, or boss of a multinational corporation, where the supplychain is an integral part of your business, supplychain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for SupplyChain Cost Reductions.
Planning a Warehouse Network and Design: Key Factors to Consider. Some Tips for Multi-Warehouse Network Planning. Let’s begin with a look at network planning, because whether your company requires one warehouse or five, your service, efficiency, and costs will be influenced heavily by your choice of location and capacity.
If you’re serious about continuous improvement and developing a best-in-class supplychain to serve your organisation, keeping your managers and workforce educated is paramount. As any established supplychain professional will testify, this is a field in which the real learning begins after the formal education has ended.
Until the Coronavirus began wreaking its havoc, global companies could run their supplychains on the assumption that disruptions would be rare and short-lived, and that products should be sourced, produced, and distributed at the cheapest locations to be found, wherever in the world that may be. 1) Create Transparency.
Through its extensive span of activities, the supplychain sector offers wide-ranging possibilities for employment and career progression. In a different context, online retailer Amazon spotted inefficiencies in the supplychains of other companies. The SupplyChain Career Environment.
The answer is to benchmark your freight, of course. Indeed, today’s advances in digital technology have made freight rate KPIs much more accessible—but that accessibility comes at a cost. Alternatively, you can procure access to a digital freight benchmarking platform. The Pros and Cons of Procuring a Benchmarking Tool.
The paper, of course, covers a swathe of topics and concepts. Logistics and force posture National Defence requires the ADF to develop a north-Australia network of bases ‘to provide a platform for logistics support, denial and deterrence’ (p19). This is, of course, a normal goal for logistics planners to have.
At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supplychain and business strategy along with eight other important levers for supplychain performance improvement. A Long History of SupplyChain Strategy Misalignment.
Supplychains are complex entities. While customer satisfaction is a hugely important criterion by which supplychain success is judged, so is supplychain profitability. While customer satisfaction is a hugely important criterion by which supplychain success is judged, so is supplychain profitability.
The impact of supplychain performance on the success of a business is significant, but often underestimated, even within companies well-versed in supplychain management. Look for the signs, recognise the symptoms and if you need it, get some help to fix these important supplychain issues.
The truth, of course, lies somewhere in between. This is the playground of logisticians who attempt to control a ‘system of activities, capabilities and processes that connect the national economy to the battlefield’, establishing a ‘well’ from which the force draws its combat potential or firepower. More on this later.
If you plan to continue your omnichannel retail operation, though, and compete successfully with pure-play etailers, it’s something you will need to get a handle on. To make things easier, it might be worth considering an investment in some analytics software to speed up the process, and of course, you won’t look at every SKU or customer.
As youll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supplychain strategy development and alignment. As a result, weve discovered that many companies lack a defined and documented supplychain strategy. Step 1: What do Your Customers Want? What do You Need to Know?
By Anne van de Heetkamp, VP of Product Management GTC, Descartes: Acknowledging potential weaknesses in your supplychain before they are exposed by elements beyond your control is of critical value. With current events in mind, managing future supplychain disruptions will be an integral component of corporate strategy.
My exerciseplans for the weekend are set. So, without further delay, here’s the supplychain and logistics news that caught my attention this week: UPS, Overwhelmed by Online Orders, Warns of Delivery Delays (WSJ – sub. Ford to test new self-driving vehicle technology in 2018 (Reuters).
Interoperable and integrated logistics networks, capabilities and systems can be leveraged to create situations of tremendous advantage. It is easier, of course, to provide a case for improved logistics interoperability than it is to deliver it. All this must be exercised; it is noteworthy that the Australian and U.S.
The purpose of a warehouse is to provide storage of products to meet customer demands and inventory allows the decoupling of demand and supply. Often this inventory is used to smooth out the supplychain from disruptions (whatever they might be). All of these symptoms potentially are a sign that a slotting exercise is overdue.
At Georgia Southern, we dispel this by illustrating the dynamic nature and variety of daily activities a supplychain manager encounters. Darren Prokop, University of Alaska Anchorage (UAA): As in the academic world in general, there is a trend to online course delivery.
Did you know that supplychains and wristwatches have two things in common? For the organisation with the supplychain, it is to satisfy more customers, more profitably to the organisation. Second, what goes on underneath the watch face or behind the top level supplychain dashboard can be very complex.
Planning such a large operation efficiently is no doubt a challenge, but HEINEKEN’s quest for efficiency started in the company’s early years. Today, the company is betting on prescriptive analytics to plan its operations more efficiently and prevent lost sales in a constantly changing market. But it had its limitations, of course.
The review, and statement which followed, portends sweeping changes to the Defence Integrated Investment Plan and to the force structure and the roles of the ADF’s Services consequently. Supplychain resilience is, of course, a part of this narrative – as we are reminder every time we hear about guided-weapons or military fuels.
Supplying any force requires an understanding of ‘provisioning’ and ‘stockholding’ To say these were done poorly is an understatement. At the tactical level, effective supply support results from the provision of appropriate in-service items of supply necessary for the identified force to conduct the operation.
If you’re a supplychain professional, the tips and guidance in this post will probably not be new to you. Without sufficient attention to these elements, your company will find it harder and harder to compete against the growing number of organisations taking a strategic supplychain stance. “What?
If you’re a supplychain professional, the tips and guidance in this post will probably not be new to you. Without sufficient attention to these elements, your company will find it harder and harder to compete against the growing number of organisations taking a strategic supplychain stance. SupplyChain Strategy.
Technology Services. TradeEdge – Demand Chain Management. SupplyChain Management. The Infosys global supplychain management blog enables leaner supplychains through process and IT related interventions. These 3 master data elements contributed to almost 50-60% of planning issues.
I’ve set up a small office in my bedroom where I know I have a good internet connection and constant power supply. What tools are important for you now? Well, ordinarily my WFP laptop would be my main tool but I left it in Ethiopia when I came on what should have been a short trip home. What’s your new office set up like?
Planning such a large operation efficiently is no doubt a challenge, but HEINEKEN’s quest for efficiency started in the company’s early years. Today, the company is betting on prescriptive analytics to plan its operations more efficiently and prevent lost sales in a constantly changing market. But it had its limitations, of course.
Interoperable and integrated logistics networks, capabilities and systems can be leveraged to create situations of tremendous advantage. It is easier, of course, to provide a case for improved logistics interoperability than it is to deliver it. All this must be exercised; it is noteworthy that the Australian and U.S.
This month we spoke with Rich Sherman , senior fellow at the SupplyChain Council of Excellence at Tata Consultancy Services. He is an internationally recognized thought leader and author on trends and issues across supplychain management. He also held senior management positions at several supplychain startups.
With no way to unlock the infected computers, Maersk had to rebuild its IT infrastructure almost from scratch, installing 4,000 new servers, 45,000 new PCs and 2,500 applications over the course of ten days. NotPetya used versions of hacking tools stolen from the US National Security Agency. Cyberattack numbers soar .
Saving on costs whilst improving business efficiency Although the principles of “just-in-time” management are highly recommended for pressurized supplychains, it is increasingly difficult to fully implement them. These challenges were worsened by a range of supplychain disruptions that soon followed.
For most of human history, the success of that exercise has rested on the appointed seer’s years of experience, coupled with some indefinable grasp of probability. Of course, it’s not really simple at all. It’s vital that any automated pricing system be able to adjust immediately. They never will. Still, the coming of A.I.
to the complex exercise of pricing. of course, has the potential to affect multiple stages and functions of the supplychain. But pricing — given its dependence on a host of ever-changing factors — seems an especially fertile target for the technology. In its purest form, A.I. In its purest form, A.I.
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