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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 supplychains break down. Supplychain resilience is your business’s ability to bounce back when things go wrongand in today’s world, things will go wrong.
A SupplyChainDesign Solution from Coupa Imagine you’ve just received the job offer of your dreams. If you have been through this process at least once, you already have a good idea of what supplychaindesign is about: optimization. The interview process is over, but more challenges are ahead.
As I was enjoying the holidays, I had an opportunity to reflect on the year past and what the future holds for supplychains. However, organizations will need to be deliberate in designingsupplychains with optionality so it does not become cost prohibitive. SupplyChainDesign is essential in tackling these.
Situation Companies are increasingly confronted with complex planning scenarios due to predictable events such as mergers and acquisitions, category expansions, supplier changes, and distribution evolution, as well as disruptive events including demand volatility, material shortages, capacity constraints, and logistical surprises.
Original article: PODCAST: Modern Courier Delivery Compliance Considerations: Understanding SOX and SOC Compliance Logistics and supplychain are some of the world’s most complex and regulated industries, which has been further compounded by increasing reliance on data and technology in both fields. What Is SOC Compliance?
When it comes to supplychaindesign, we’re at another inflection point in the industry. The first one arrived a few years ago when a growing number of companies started treating supplychaindesign as a continuous business process instead of a standalone project or a once-a-year exercise.
For more than a year, global supplychains have been buffeted by one major disruption after another. The surging Delta virus, devastating floods in China and Germany and cyber attacks on South African ports are amongst the latest in a series of events that continue to send shock waves throughout the system. The impact?
This holds true across all five key components of a medical manufacturing business: Design, Manufacture, Distribution, Maintenance, and Service. To contend with these pressures, medical device manufacturers crave actionable, real-time, accurate, and reliable data throughout the entire supplychain.
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’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.
Security has been an issue since supplychains began. These and other factors have meant a rethink of supplychain security. Basics of SupplyChain Security. This can mean supplychain data, applications, IT systems, and IT account access. Vulnerabilities in the SupplyChain.
Under both US Imports and Exports Law and Regulation, the importer/exporter is required to “exercise reasonable care” or perform “due diligence”. Legal Framework of US Imports and Exports. Among others, see the US Customs Modernization Act , which established the reasonable care standard. See 19 U.S.C.
Procurement professionals, if you are considering a transition from manual and Excel-based RF(x) to online automated e-sourcing platforms, here is the information you need to mitigate fear, uncertainty and doubt in your supplier base. But feedback from suppliers on the available procurement automation platforms tends toward the negative.
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. Pundits typically emphasize data and digital technology when proselytising for the S&OP concept. The SupplyChain Head. Why S&OP Needs a Lot of Human Investment.
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.
After being largely ignored for many years, distribution network design has recently surged to the top of the priority list for many supplychain leaders. Distribution network design has surged to the top of the priority list for supplychain leaders. Your Distribution Network Has Never Been Designed.
At Georgia Southern, we dispel this by illustrating the dynamic nature and variety of daily activities a supplychain manager encounters. The club also organizes a roundtable event each semester that brings students and companies together to explore opportunities for internships and jobs.
In supplychain, the complexity can be far greater. Business continuity management seeks to keep a supplychain working in the event of a problem. The need for business continuity permeates all parts of a supplychain. The first step is to find out what could interrupt your supplychain operations.
In the latest of its Logistics Tech Short webinars, INFORM Software , a developer of optimisation software, will take a deep dive into how pooling operators can improve transitions between their container and reusable packaging software and other supplychainsystems to boost overall productivity.
Supplychain resilience is, of course, a part of this narrative – as we are reminder every time we hear about guided-weapons or military fuels. Force posture is underpinned by supplychains, distribution and the technical systems – military and civilian – that ensure that the right ‘stuff’ gets to the right location.
Technology Services. SupplyChain Management. News & Events. |. The Infosys global supplychain management blog enables leaner supplychains through process and IT related interventions. Discuss the latest trends and solutions across the supplychain management landscape.
Maersk was not the only major company affected by that attack; NotPetya also infected systems at FedEx and at DHL’s Express Division and its operations in Ukraine. NotPetya arrived hot on the heels of other major cybersecurity events. Instead, the program seems to have been designed simply to cause disruption.
These are hot topics in the Supplychain and Logistics world today. The Four Pillars of Intelligent Logistics Embedding “intelligence” into Logistics processes and systems involve building four robust pillars of Integrated planning and execution, Visibility, Collaboration and Analytics.
Given it is virtually impossible to design an armed force that can perform every conceivable type of military mission, it’s understandable that preparedness would become a major problem at this time of strategic transition. The ‘convergence’ of these questions can determine the success of the entire system of preparedness.
Sabine Ursel talks to Bettina Bohlmann (above) , Managing Partner of 3p Procurement Branding GmbH in an interview focused on themes to be explored at this year’s EXCHAiNGE event in Frankfurt. I found your real-world exercises in past years very enlightening. Save the date: EXCHAiNGE – the Supply Chainers’ Community 2018.
With the justification aside, they next had us go through exercises calculating net present value and ROI for a hypothetical capital investment in tooling – as though a shop floor supervisor would do this at any point in the course of their job. Engineers ran the company, engineers decided what would be designed and built.
This portion of training must consist of “demonstrations performed by the trainer and practical exercises performed by the trainee” [OSHA standard 1910.178(l)(2)(ii) ]. Then, when you start, you’ll watch videos, do some reading, and complete interactive exercises to help you learn and retain the information. Track inventory.
billion in 2023, is one of the world’s leading sports brands, designing, developing, selling and marketing footwear, apparel and accessories. PUMA has found sustainable finance to be a potent tool for improving its performance in ESG. Supplychain finance involves a supplier receiving early payment on an invoice by a finance company.
To optimize their delivery operations, these companies engage in strategic route design on an infrequent basis or when some big event occurs in the company. Technologies have also evolved to make the strategic routing process easier and more agile. For most, re-routes are a painful and time-consuming exercise.
But what exactly makes kitting such a powerful tool for businesses? These kits can vary in complexity from a simple bundle of complementary products to an elaborate seasonal collection designed to tell a compelling story or share an exclusive partnership.
It is also developing a port typology project using a GIS (geographic information system) to make clear what it is that the ports in the US are handling. According to GE Transportation, the system integrates data from across the port to better align people and resources and more efficiently move cargo through it.
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