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Jack Fiedler, the vice president for digital transformation of the global supply chain at Lenovo Lenovo is ranked tenth by one leading analyst firm among a list of global companies with exceptional supply chains. I’ve not seen a company that does a better job of agile planning across an end-to-end, multi-tier supply chain.
Supply chain teams face a similar dilemma – companies are overloaded with vast amounts of data, and the ability to sift through the noise and focus on relevant insights has become a critical capability. Decision-makers must operate with agility and speed, often orchestrating complex scenarios across vast supply chain networks.
Global supply chains have been tested repeatedly by a series of disruptive events, including the COVID-19 pandemic, U.S.-China In response, many organizations have shifted toward decentralized and regionalized supply chain models, distributing production and sourcing across multiple regions.
The virus continues to compromise supply chains and disrupt companies at a troubling rate, but a re businesses prepared from a supply chain planning perspective? . The era of globalization has enabled supply chains to be broader and more connected. First reaction s to the outbreak . – Tweet this.
Today's supply chains are networked, global ecosystems. An event upstream in a different country or region can cause considerable disruption downstream. The COVID-19 pandemic is an extreme example of how this unfolds in practice. How prepared are supply chain teams to react and recover from a planning maturity stance?
Today’s supply chains are fraught with uncertainties across demand and supply yet are tasked with adding incremental value to their organizations while also meeting commercial, working capital and sustainability goals. The challenge for supply chain teams lies in increasing knowledge to create value amid this complexity.
Supply chain practitioners seeking the best way to speed decision intelligence, unify supply chain data, and increase operational efficiency can benefit from a supply chain data gateway. Here are 10 ways a supply chain data gateway can improve your performance across the end-to-end supply chain.
Supply chain practitioners seeking the best way to speed decision intelligence, unify supply chain data, and increase operational efficiency can benefit from a supply chain data gateway. Here are 10 ways a supply chain data gateway can improve your performance across the end-to-end supply chain.
Over the last two decades, there has been a significant focus on increasing the speed of supply chain planning solutions. However, you may have noticed that the increase in the speed of supply chain planning solutions is not resulting in better decisions, improved performance, or much-needed supply chain agility.
ARC Advisory Group has been covering the Supply Chain Planning ( SCP ) market for 17 years. The pandemic brought home the need for companies to run agile and resilient supply chains. Supply chain agility reflects a company’s ability to respond quickly to surges or plummeting demand.
How Hurricanes Cause a Ripple Effect in Global Supply Chains The damage from hurricanes extends far beyond the ports themselves. Global supply chains are intricately connected, and even a small delay in ocean freight shipments can cascade into significant disruptions worldwide. companies but global operations.
CONA Services Provides a Common Platform for Supply Chain Collaboration CONA Services LLC is an IT services company owned and governed by the 11 largest Coca-Cola bottlers in North America. Its main applications include SAP for backend transactions, Blue Yonder for supply chain management , and Salesforce for sales.
Five years ago, we all thought the COVID-19 pandemic resulted in the most disrupted supply chain landscape we would ever see. Since then, supply chain disruptions and volatility have only increased. The pace and scope of supply chain disruption are beyond human cognition, manual analysis, and consumer-grade spreadsheet tools.
For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . Considering this surge in digital transformation and the changing needs of 2021, here are some insights and tips for embarking on Supply Chain Digital Transformation projects. Digital Transformation Journey.
Matt Hoffman, Vice President of Product and Industry Solutions, at John Galt Solutions One-number plans are bad plans. A one-number forecast, for example, looks across the range of demand that might emerge in a period and decides to create a forecast that is mid-way between the most and the least demand that is apt to emerge.
Given that we are in the age of AI/ML, I often think of how the small deli where I worked was a perfect training ground for applying AI/ML in fresh supply chain planning. There are various use cases of AI/ML for fresh demand planning of products, from producers to large grocery chains and even small delis in suburban Pennsylvania.
Heavy research and development investments are being made in supply chain solutions. Most of the large suppliers of supply chain applications have moved their solutions to the Cloud. Executives at Blue Yonder refer to this as a “cliff event.” Blue Yonder, for example, has created a microservice for transportation optimization.
If you’ve ever tried to buy a new car during the chip shortage or waited months for furniture delivery, you’ve experienced firsthand what happens when supply chains break down. Supply chain resilience is your business’s ability to bounce back when things go wrongand in today’s world, things will go wrong.
Like any Supply Chain, Retail Supply Chains have their own unique challenges. They’re different from the Supply Chains you might see in industrial companies or wholesaling companies. The retail supply chain is dealing with the consumer directly and the customer really is King. And they have very different dynamics.
Duncan Angove, CEO Blue Yonder Blue Yonder , is one of the largest providers of supply chain software. The quarter was particularly impressive given, as you know, we were, a victim of a cyber ransomware event. Both are contributing to a rewiring of the automotive supply chain industry. When that occurs, the deal sizes grow.
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. Or, why you need demand planning for going viral on social media. It’s communal, delightful and entirely unpredictable – and it’s catching supply chains off guard.
Image source: Pexels | 7 Cost-Saving Tips Every Supply Chain Manager Should Know Managing costs effectively is crucial for success in the competitive supply chain world. Here are seven proven strategies every supply chain manager should explore to streamline operations, boost efficiency, and drive profitability.
Now more than ever, organizations must prepare their supply chain 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 supply chain design.
In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. According to the Global Supply Chain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment. What is supply chain visibility? Agility to act on transparency.
Digital twins are emerging as digital transformation accelerators for supply chain and logistics organizations seeking enterprise-level visibility, real-time scenario modeling, and operational agility under disruption. Introduction: Why Digital Twins Matter Now The pressure on supply chains has never been greater.
In todays rapidly shifting business landscape, supply chain evolution has become essential. Lets explore the key elements of supply chain evolution, the challenges, and how to trade reaction for resilience. A mature supply chain leverages visibility, automation, and collaboration to ensure stability in the face of uncertainty.
Many large enterprises use one form or another of a supply chain application to help manage their supply chains. Supply chain vendors have been touting their investments in artificial intelligence (AI) for the last several years. Lead times, for example, are a critical form of master data for planning purposes.
Supply chain 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 supply chains to collaborative supply networks and actively design their supply chains.
Thats what well explore in the article, both as a general indication of the supply chains impact on future business performance, and a guide for potential investors. Which Supply Chain Approaches Will Drive ROI for Investors?
Paul Delbar from OMP has a different take on what integrated planning means. OMP provides supply chain planning (SCP) solutions. Resilience is About Planning for Agility. Something happens in your end-to-end supply chain. Resilience comes down to planning for agility.” These assumptions simplified planning.
According to one survey , only 27% of leaders believe that they have the talent needed to meet current supply chain performance requirements. What should supply chain leaders be looking for to close the talent gap? AGCO Logistics Team Accepts Prestigious Supply Chain Award. Mr. Stevens talked about their supply chain initiative.
As I was enjoying the holidays, I had an opportunity to reflect on the year past and what the future holds for supply chains. However, organizations will need to be deliberate in designing supply chains with optionality so it does not become cost prohibitive. Supply Chain Design is essential in tackling these.
My recent conversations with the supply chain practitioners are dominated by supply chain risk — specifically geopolitical risks in light of the ongoing Russian invasion of Ukraine. Even companies that serve markets and rely on supply chains that are not directly affected by the conflict are starting to feel the effects of the war.
Severe weather events are the new normal. Can the logistics industry handle more supply chain disruption? Plans = ruined. Severe weather events are becoming more intense and commonplace, causing supply chains to struggle. Is your supply chain prepared? Now, they occur once every three weeks!
From shortages of personal protective equipment to a variety of grocery items to electronics and apparel, coronavirus ( COVID-19 ) has hit the global supply chain in expected and unforeseen ways, and it seems likely that it could take many months to recover. But 44% of respondents didn’t have a plan to deal with it.
Consequently, everyone asserts they are utilizing AI, and those in the supply chain world are no exception. How will it address “the world hunger problem” in supply chains, particularly in the context of supply chain planning? Process automation is pivotal in providing end-to-end visibility across the supply chain.
At that time, I wrote about the COVID pandemic, and how similar events occur that elevate the uncertainty of the market. These events make accurate forecasting very difficult. For example, interest rate hikes tend to deter lower priority investments and those that require debt financing. Review of Prior Impactful Events.
Seventy-one percent of the surface of our “blue planet” is covered by oceans which is also reflected in the fact that 80% of goods are moved via sea transportation within the global supply chain [1]. Plus, extreme weather events and changing storm patterns challenge seafaring vessels. from originally 3.5% as of January 1, 2020 [3].
This promises to be a very eventful year. What’s on the horizon for supply chain professionals? Microsoft also announced they plan to be carbon-negative by 2030. . Many are relying on advanced analytics to optimize their supply chain for sustainability. Here are three trends to consider. .
Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. planning offers an alternative to swinging the pendulum and as the strategy that provides the supply chain resilience leaders seek.
ARC analysts have published predictions about supply chain technology trends at the beginning of the year in past years. Supply Chain Disruptions Will Diminish, but Remain Substantial. Supply Chain Disruptions Will Diminish, but Remain Substantial. Inflation Will Hinder Supply Chain Resiliency, Supply Diversification Efforts.
In today’s fast-paced e-commerce landscape, last-mile delivery has emerged as a critical component of the supply chain. Utilizing advanced route optimization software, like RouteManager , is a growing trend, with 72% of global enterprises enhancing their supply chain strategies to optimize delivery operations.
Large swings in supply and demand for different product categories and changes in distribution patterns left logistics managers grappling with the biggest challenge of their careers. Increased lead time accuracy reduces risks involved in transportation and logistics, improving your overall supply chain.
There are some young supply chain technologies that are getting a lot of buzz. In this article, the main hyped, promising, and solid solutions but widely adopted technologies in supply chain management are discussed. ARC is not hearing providers of supply chain technology leveraging this network to provide new value to their customers.
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