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Mark Baxa , John Delgado and Joe Lynch discuss supplychain shock waves: strategies for survival and success. Mark is the President and CEO of the Council of SupplyChain Management Professionals (CSCMP), a global organization dedicated to advancing the supplychain profession.
If youve followed our blog over the years, youll know that weve shared lots of information about distribution network design, why its vital to get it right, how long it should take, the importance of reviewing the network every so often, and various elements of design such as determining the number of warehouses and where to locate them.
Chris Caplice and Joe Lynch discuss MIT Center for Transportation and Logistics and a wide range of logistics and supplychain topics. He is also the founder of the MIT FreightLab – a research initiative that focuses on improving the way freight transportation is designed, procured, and managed. He received a Ph.D.
Insights from Gartner’s Hype Cycle for SupplyChainStrategy, 2020. Supplychain professionals know it can be extremely challenging to drive day-to-day operational excellence and pursue innovation at the same time. Gartner’s Hype Cycle for SupplyChainStrategy, 2020 offers some guidance.
According to one survey , only 27% of leaders believe that they have the talent needed to meet current supplychain performance requirements. What should supplychain leaders be looking for to close the talent gap? AGCO Logistics Team Accepts Prestigious SupplyChain Award. We need people that are adaptable.
The solutions to supplychain problems boil down to the right combination of three factors—technology, data and processes. In the supplychain, problems are often overcomplicated. However, manufacturers, 3PLs and others in the supplychain often get lost in the details. That’s not true.
The success of your business links inextricably to the performance of your supplychain. you have to make your supplychain successful too. Of course, it is helpful to have some statistics on hand to validate the statement above. SupplyChain and Business Success By the Numbers.
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.
My recent conversations with the supplychain practitioners are dominated by supplychain risk — specifically geopolitical risks in light of the ongoing Russian invasion of Ukraine. Let us dive deeper into how supplychains are getting disrupted. Europe relies on Russia for around 35% of its natural gas.
Michael Jacobs, Senior Vice President SupplyChain, Ferguson. Mr. Jacobs is the senior vice president for supplychain at Ferguson. While nominally a distributor, “supplychain management is our core competency. In particular, Ferguson’s supplychain is built for speed and to provide high service levels.
Supplychain industry leaders have access to more information today than ever before in history. Thanks to data gathering programs, supplychain software , and data entry applications, this represents a mountain of data, which has the potential to provide ground-breaking insight into how to improve business-model efficiency.
How often do you think about your retail reverse logistics strategy? Unfortunately, many supplychain leaders continue to regard reverse logistics as an archaic process that’s best ignored and left to individual brick-and-mortar facilities for management. The Benefits of a Data-Driven Retail Reverse Logistics Strategy.
Planning a Warehouse Network and Design: Key Factors to Consider. In this post, I’d like to talk about the key factors that will impact on the optimum facility network and design required to meet your warehousing or storage requirements. Your distribution strategy too, will have a bearing on network optimisation.
As organizations continue to adapt to the roller-coaster ride of 2020, some leaders’ pre-pandemic IT strategies brought business resilience even as COVID-19 struck. Indeed, some organizations spent several years laying the foundations for data-driven strategy and remote operations even prior to COVID-19.
If you’ve followed our blog over the years, you’ll know that we’ve shared lots of information about distribution network design, why it’s vital to get it right, how long it should take, the importance of reviewing the network every so often, and various elements of design such as determining the number of warehouses and where to locate them.
Supplychain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. The most common complaint of newer companies using big data analytics capabilities tends to revolve around traditional questions of business strategy.
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.
The success of your business is inextricably linked to the performance of your supplychain. you have to make your supplychain successful too. The success of your business is inextricably linked to the performance of your supplychain. SupplyChain and Business Success By the Numbers.
Reverse logistics, while not being the opposite of forward logistics, is still about products moving backwards in the supplychain. However, remember that products or subassemblies that never made it out of the factory may need to travel backwards one or more stages along the supplychain.
We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, SupplyChain, Logistics, and Transportation Management. 2016 SupplyChain Trends: The First 7 of 12. What 2016 SupplyChain Trends to you expect to see?
Because of service disruptions – not being able to buy toilet paper, for example – the supplychain has been more discussed than ever before. It was also a very, very tough year for supplychain professionals working in the grocery supplychain. But just how bad was it?
Manufacturers and distributors experienced huge supplychain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supplychain leaders globally. In fact, SYSPRO research revealed that 60% of businesses were impacted by supplychain disruptions during the pandemic.
Who would have thought that measuring the performance of supplychain processes like warehousing, procurement, or logistics could be so troublesome? Well, we know a few supplychain managers who, having made some of the mistakes covered by this article, would attest to the potential for difficulty.
So, you are thinking about a career in supplychain? While this article is intended as an evergreen resource, to help you navigate in your search for a supplychain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality.
I’ve said it before (right here in Logistics Viewpoints), but it’s worth repeating: the digital transformation of our complex global supplychains 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 the infantry soldier who fired the round is an important part of this picture, she is in many respects just the final actor in a well-designed system which has resulted in that bullet being there at that time and place. A system designed and run by Army’s logisticians.’.
Call it a cop-out if you like, but seriously, predicting which logistics and supplychain trends will make a difference to businesses in any given year has become notoriously difficult, given the speed at which technology in particular can suddenly disrupt the way things are done.
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. SupplyChain Planning Starts with Looking Back.
Are you fresh out of college or university and planning to enter the supplychain or logistics profession? Perhaps you are considering a mid-career move into the supplychain theatre. 81% of young professionals working in supplychain say that it was the right career choice. SupplyChain Planning.
Development of a Fast Fashion SupplyChain Vertical Integration Wins in the Fast Fashion Race It’s not called fast fashion for nothing. However, agility can be said to begin at the last stage in the supply chainthe point at which consumers make their purchase in-store or place their orders online.
As part of our ongoing commitment to keep our blog readers updated on what’s happening in the supplychain and logistics world, we’re launching a regular industry news roundup, which we’ll release periodically. Increased near-shoring in Mexico and elsewhere as companies seek shorter supplychains.
For all the hype currently surrounding supplychain gamification, it is not an entirely new business concept. Many organisations have been using simulations, like the Beer Game , for years to help companies educate their management teams in supplychain dynamics.
It’s that time when idle chatter at the office Christmas lunch turns to debating what next year will bring, especially among logistics and supplychain professionals, for whom it seems every New Year brings new challenges, trends, and disruptive innovations. The 7 Trends for SupplyChain Pros to Watch in 2018.
If you were to tell me that your company had never looked at its supplychain costs and sought to deliver reductions, I’d 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.
Insights from Gartner’s Hype Cycle for SupplyChainStrategy, 2020. Supplychain professionals know it can be extremely challenging to drive day-to-day operational excellence and pursue innovation at the same time. Gartner’s Hype Cycle for SupplyChainStrategy, 2020 offers some guidance.
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. 2) Diversify Your Operations.
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.
Greenbiz and SupplyChain Insights conduct a survey on the different thoughts of supplychain organizations and sustainability organizations in a company. This is very telling since I truly believe sustainability should be embedded in the operations of SupplyChain.
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.
This is no less true of the supplychain industry, which must manage high customer demand while simultaneously experiencing unprecedented labor issues. What’s more, the physical rigors and repetitive nature of supplychain work are creating massive challenges when it comes to employee retention.
COVID-19 and the subsequent economic fallout was a trying time for both businesses and supplychains in 2020. And while uncertainty still hangs over many businesses, others are adopting new practices to shore up their shipping strategies in a post-COVID marketplace. Preparing a successful shipping strategy for 2021.
Lean systems have provided a formidable operating strategy for leaders determined to achieve and maintain optimal operational systems and customer satisfaction levels. “5S” programs are taught in some business college courses, and the SCOR model is also utilized. Design your plan to be implemented in phases.
If you a senior supplychain manager, director, or leader of one of the functions touched by the supplychain, it’s for you too, as long as you have the ear of your company’s CEO. These are the essential facts that every CEO should know about the supplychain —the lifeline for a business and its customers.
Shipping and freight professionals want to change their supplychainstrategies post-Covid, according to a recent survey. Answered by over 300 Shipping and Freight Professionals across the world, the survey brought out some key indicators that will inform the future course of global supplychains.
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