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The theme this year was “Chart Your Course” which Richard Stewart, EVP Americas at Körber Supply Chain pointed out, is all about overcoming supply chain complexities and challenges. Mr. Elliott made two statements early in his presentation that stuck with me. First, supply chains do not operate in isolation.
Thinking back on the many presentations, panel discussions and conversations over the course of the conference, a few unifying themes come to mind. As the logistics technology sector continues to mature, the number of tools, solutions and platforms that supply chain stakeholders are using (juggling?) are growing too.
Peter is Vice President, Journal of Commerce, the Maritime, Trade & Supply Chain division of S&P Global , a global data, analytics and business intelligence organization serving sectors including maritime, energy, automotive, petrochemical and financial. He has degrees from the University of Maine and Fordham University.
Knowing about her blogging side hustle, the executive team allowed her to take on the additional responsibility of the company’s digital marketing initiatives where over the course of 5 years, orchestrated two website redesigns, implemented an inbound marketing initiative, and established a sales outreach plan.
It’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis. “What-if” data: Scenario simulation to assess the impact of design options under various conditions. Things can become more challenging when designing improvements to an existing network.
Has your company ever suffered problems with, implemented, or even considered implementing a sales and operations (S&OP) planning process? More to the point, though, for S&OP to be effective, it matters not whether a company uses Excel spreadsheets or the latest best-of-breed sales and operations planning software.
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 supply chain and logistics industries. Supply Chain Planning Starts with Looking Back.
Global supply chains suffer from limited visibility and a general want for supply chain intelligence in carrier sourcing , freight tendering and all other processes. Fully 70% of companies say their supply chain is either very or extremely complex and only 6% of companies have full visibility within their supply chains.
Of course, a high stock price enriches those people who already own shares, and makes options and stock grants more valuable, but they didn’t get into that either. They used those times to build what were essentially Gantt Charts of the production plan for each worker.
The solutions to supply chain problems boil down to the right combination of three factors—technology, data and processes. In the supply chain, problems are often overcomplicated. However, manufacturers, 3PLs and others in the supply chain often get lost in the details. That’s not true. Trouble finding skilled labor”.
In February, Klaus Niebur, the director of global supply chain risk management at Autoliv, and Jan Thiessen, the managing director at targetP!, spoke on best practices on supply chain risk management at ARC Advisory Group’s Digital Transformation in Industry conference. in turn, is a boutique procurement consultancy.
The best supply chain teams invest in technology as part of their continuous holistic operational improvements, not simply in reaction to temporary crises. Investing in technology to improve the capabilities of your supply chain team as part of a strategic initiative yields better results throughout all phases of the freight market cycle.
The complexities associated with an enterprise resource planning system’s available-to-promise functionality can lead an ERP system to be unable to process an order, requiring time-consuming human intervention before an accurate promise can be relayed to customers. This writer has been covering supply chain management for over 25 years.
Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Transitioning from legacy systems presents hurdles that add to the true cost. Below are some tips for presenting your request to your supervisor.
And because we are supply chain specialists, well, supply chain projects are our bread and butter. . You don’t need a PM background to plan and complete a supply chain project, whatever its nature. . But what does it take to prepare for managing a supply chain project? Step 1: Business Case and Buy-In .
Risk permeates supply chains. The best-laid plans to avoid as many risks as possible often fall on deaf ears in supply chain management, but supply chain executives who take the time to understand the greatest threats can successfully position their companies to overcome such risks. In the short-term future.
We pick up where we left off yesterday from posting the Top 10 Manufacturing Blog Posts for 2014 by page views from the Cerasis blog by featuring the Top 10 Supply Chain Blog Posts in 2014. What did you find most intriguing in the Supply Chain arena in 2014? Top Supply Chain Blog Posts for 2014. I hope you enjoy!
At the conference, I was fortunate to see a presentation from Brent Wilson, Senior Vice President of Global Supply Chain at Qualcomm. Concurrent supply chain planning is required for the company to navigate uncertainty and expand into new markets of automotive, computing, and connective intelligent edge.
In order to avoid incidents of mismatch between supply and demand, establish more efficient manufacturing and lower costs, it is necessary to establish an environment of consistent supply chain visibility. One of the often missing links, however, in supply chain visibility, is transportation management.
I’ve said it before (right here in Logistics Viewpoints), but it’s worth repeating: the digital transformation of our complex global supply chains is an ongoing journey. That’s when you can course correct in any number of ways that make your business more efficient and your customers happier. Why is this shift such a big deal?
While border restrictions and tariffs can be difficult to navigate, the right tools and planning can put delays and issues in the rearview. But before you can overcome the challenges borders present in last-mile delivery, its crucial that they better understand what youre up against.
Well, not just for benchmarking, but also for maximum visibility of your supply chain and logistics performance. In answering that question, we’re not going to provide you with a list of possible supply chain KPIs to use in your business—at least, not in this article. How hard can that be?” I hear you ask.
A new year is underway, and what better way to begin our 2023 blog activity than with a summary of the freshest news from the supply chain and logistics theatre? But is that a real possibility, or are the predictions of supply chain mayhem just so much panic and hot air? That will no longer be an issue.
In fact, at one conference this spring, after delivering a keynote presentation that had nothing to do with technology, the very first question I received from the audience was “What do you think about blockchain and its potential in supply chain management?”. Of course, the most common question about blockchain is “What is it?”
According to a poll conducted by Deloitte, 39% of consumer and industrial products professionals found at least one instance of fraud or abuse in their supply chains in 2020. In the logistics business, the pain points -- and the potential points of failure -- are numerous and come with very high costs. Key Features: Basic Auditing.
When these issues arise within your company’s supply chain operations, a management consulting partner can diagnose the issues, offer cost-effective solutions, and help ensure smooth implementation, easily saving your company more than the applicable consulting fees, many times over. First: Bookmark this Page.
Post-Cold War, however, the consequences of logistics miscalculation or integration within strategic or tactical planning could be regarded as far less of a consequence. Commanders wait pensively at the mercy of supply lines, hoping that the ability to operate austerely will return to their forces. The reality is completely opposite.
As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions. What is Reverse Marketing?
Here at Benchmarking Success, we exist to help our customers improve supply chain performance. Of course, the criticality of such elements is the same now as it always was. They recognise the validity of supply chain resilience as a performance factor and seek ways to strengthen it and protect their revenue streams from future shocks.
9 Golden Rules for Meaningful Supply Chain KPIs. I’ve written many posts on this blog about the importance of having a supply chain strategy that’s aligned with the overall business plan, and why it is a mistake to have misaligned strategies. Golden Rule #1: Meaningful KPIs Require a Meaningful Strategy.
A worldwide leader in light and sustainable construction, Saint-Gobain is present in 72 countries with more than 167,000 employees. A press release from October of 2021 stated that solutions sold by the Group over the course of one year result in the avoidance of around 1,300 million tons of CO2 emissions over those product’s lifespan.
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 paper, of course, covers a swathe of topics and concepts. Logistics is the connective tissue of force posture, ensuring the viability of forces by the timely (and time-dependant) provision of personnel, materiel, stores and supplies. This is, of course, a normal goal for logistics planners to have. 1] Betts, R.,
That’s probably one of the first differences you’d notice between a warehouse of today and that of 25-plus years ago—and of course it’s down to technology. That’s why it’s rare to see such advanced levels of technology in use by smaller supply chain organisations. Increased supply chain speed.
Who would have thought that measuring the performance of supply chain processes like warehousing, procurement, or logistics could be so troublesome? Well, we know a few supply chain managers who, having made some of the mistakes covered by this article, would attest to the potential for difficulty.
Supply chains are complex entities. While customer satisfaction is a hugely important criterion by which supply chain success is judged, so is supply chain profitability. While customer satisfaction is a hugely important criterion by which supply chain success is judged, so is supply chain profitability.
trillion e-commerce landscape continues to expand, companies are facing difficulties successfully managing cross-channel commerce across continents, supply chains, and software systems, and are losing revenue as a result. . Channel readiness is a significant struggle throughout the supply chain as e-commerce continues to evolve.
Technology’s place in supply chain operations is well established and much appreciated, as it helps improve accuracy, visibility, and efficiency from orders coming in and shipments moving out. The answer, of course, is yes. He has experience in strategic planning, improving operational efficiency, team building, and project management.
Two weeks ago, we learned that Samsung is planning to invest $1B in AI. How is machine learning going to affect sales and operations planning (S&OP) solutions? It’s used to help doctors in creating clinical practice guidelines that document the best course of treatment for different types of cancer.
One of Martin Van Creveld’s most contentious, and subsequently debated, themes of Supplying War related to the persistent inability, if not unwillingness, of various militaries to adequately structure and prepare themselves for the rigours of sustained combat. At present, they aren’t. By David Beaumont.
When it comes to Supply Chain Analytics, an “Apps approach” can have just as many benefits. Gartner’s Noha Tohamy offered a great presentation about this at their recent Supply Chain Executive Conference. But what exactly is a Supply Chain Analytics app? Pre-packaged vs custom built supply chain analytics apps.
Through its extensive span of activities, the supply chain sector offers wide-ranging possibilities for employment and career progression. In a different context, online retailer Amazon spotted inefficiencies in the supply chains of other companies. This adds up to considerable potential for varied and satisfying supply chain careers.
I am a supply chain management industry analyst, so that will be a primary focus of this article. 1-800-Flowers gave a presentation in which they talked about implementing Oracle warehouse management and transportation management systems in the Cloud. What follows are my top take aways from the event. This demo’d beautifully.
Big data applications are already impacting supply chain entities around the globe, but some of its most interesting possibilities may have yet to be realized. This impact will be felt across all industries, but it may be most notable for supply-chain entities that are directly involved in the health industry.
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