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Situation Companies are increasingly confronted with complex planningscenarios 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.
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.
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. This article is from Asena Denizeri & Anil Gurbuz at Solvoyo and examines the challenges around supply chain planning for 2022 and beyond.
According to Bloomberg , the coffee supply chain is struggling with constrained supply and increase in prices is inevitable. Traditional, linear supply chains struggle to adapt. This article explores how adaptive supply chains can help businesses thrive.
Given that we are a data-driven (math-loving) company, we wanted to test this range by running some scenarios to see what kind of results companies can expect across a variety of verticals. While businesses differ in complexity and size, for this exercise we extrapolated based on these $7.5Bn baselines. Looking into opportunities.
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.
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.
This post was chosen as a winner of Supply Chain Brief’s MVP Awards. F ulfilling the need for resi lience to change in long – term planning while providing accuracy in short – term planning can improve business performance and reduce stress levels. . W hat’s changed with long – term planning?
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. Some Tips for Multi-Warehouse Network Planning. What Happens in Your Warehouses?
As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain 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 supply chain strategy.
Massive supply chain disruptions are being experienced around the globe, and the causes are many and complex. Although it’s easy to attribute these difficulties to the Covid-19 pandemic, there is far more to the current crisis than first meets the eye. Factors affecting the supply chain. The pandemic.
Mars has been on a journey to transform their digital supply chain. In 2019, Will Beery was appointed the vice president and tasked with leading the company’s global digital supply chain transformation. Mars’s Digital Transformation Mr. Beery started by asking, “what does a digital supply chain mean for us?”
Whether you’re planning to benchmark your supply chain 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 supply chain component. A lot will depend on the nature of your industry and the categories of supplies that you receive.
Original article: PODCAST: Modern Courier Delivery Compliance Considerations: Understanding SOX and SOC Compliance Logistics and supply chain 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. must comply with SOX.
If your company’s supply chain 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 supply chain resilience? What is Supply Chain Resilience? 2020 Was A Year Of Supply Chain Disruption. 2020 Was A Year Of Supply Chain Disruption.
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. Complete one-on-one meetings.
Given that we are a data-driven (math-loving) company, we wanted to test this range by running some scenarios to see what kind of results companies can expect across a variety of verticals. While businesses differ in complexity and size, for this exercise we extrapolated based on these $7.5Bn baselines. Looking into opportunities.
The intended speed of action, the distance and dispersal of forces expected, the types of weapons used and the nature of specific units can create very unique requirements which must be planned and prepared for. More than 2,500 soldiers were involved in the exercise conducted over three weeks.
By David Beaumont Discussions about self-reliance, like many other conversations among defence planners, rarely begin with a conversation on supply and support. The ability of a military to conduct operations independent of anothers aid is intrinsically linked to the capacity to move, supply and support that force.
It can’t be denied that currently, as more and more apparel retailers shift to meet the “fashion on demand” shopping preferences of consumers, the fast fashion business model is King. Development of a Fast Fashion Supply Chain Vertical Integration Wins in the Fast Fashion Race It’s not called fast fashion for nothing.
With the advent of e-commerce, increasing globalisation and rationalisation of industries, todays market place demands fast, flexible and efficient supply chains. Amazingly, many companies have suffered after outsourcing decisions were made at an operational level, without due regard to the boards supply chain strategy.
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. Industrial engineers dutifully analyzed each job, and determined the time it should take.
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.
Medium-term demand planning has always been a tough nut to crack for retailers, suppliers and manufacturers. It’s that duration in between short-term and long-term planning, what we can call ‘medium-term’ demand planning, that has proved one of the thorniest problems in demand forecasting.
Some of the world’s biggest retailers and their partners are once again feeling the sting of “ the bullwhip effect ” – a term of art amongst supply chain professionals that describes how changes in demand at the retail level can reverberate and amplify issues throughout the supply chain. What orders are planned versus in process?
With this varied inventory, plus a large direct sales force in more than 170 countries and an unpredictable sales cycle, effective supply chain management is critical for continued growth. Using a Service Level Agreement with effective, realistic Supply Chain & Logistics KPIs helped considerably. Taking a Customer-Centric Approach.
Supply chains are complex entities. Even if you simplify your product range and your upstream suppliers, you still have to deal with the ramifications of diverse customers, their expectations, their location and the logistics needed to meet their requirements. The Benefits Derived by Enterprises and Organisations.
If you were to tell me that your company had never looked at its supply chain 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 supply chain cost reduction, I wouldn’t be surprised at all. Deere & Company.
The impact of supply chain performance on the success of a business is significant, but often underestimated, even within companies well-versed in supply chain management. Look for the signs, recognise the symptoms and if you need it, get some help to fix these important supply chain issues.
The Australian Army recently went through this process only recently with Plan Keogh , an activity that addressed personnel and materiel ‘hollowness’ throughout the combat and supporting force. What is less easy to treat is the logistics system which underpins the generation of capability.
It’s time to treat strategic route planning as a continuing process that keeps delivery operations running efficiently and meeting today’s higher customer service requirements. Driver schedules and compensation plan changes. It doesn’t require much change to throw off a master route plan. New delivery asset options.
Although the US economy is getting back on its feet, the supply chain industry continues to grapple with disruptions, some of which have been hampering operations since early 2020. In such tricky times, exercising forward-thinking and planning shipments in advance can help businesses take advantage of the holiday season.
If not, you might be surprised at the many ways supply chain benchmarking can be used to understand performance, identify areas for improvement and actually turn those improvements into reality. You don’t have to wait any longer to learn why supply chain benchmarking is increasingly winning advocates in the commercial arena.
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. He has experience in strategic planning, improving operational efficiency, team building, and project management. But can technology do more?
They did a benchmarking exercise with us and we found that the industry standard was about 40 lines per hour. This is particularly so if management sets a big, hairy, audacious goal and motivates employees to strive to meet the challenge. Many companies do not have systems of compensation in place for such a scenario.
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 supply chain from disruptions (whatever they might be). All of these symptoms potentially are a sign that a slotting exercise is overdue.
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.
The assumptions we make based upon our views of the sustainment requirements of earlier wars might not meet the new requirements of militaries that are simply getting more resource-intensive and difficult to sustain. Secondly, they must have the right plans and policies in place to support effective planning. More on this later.
The rise in e-commerce has sparked new service solutions from LTL carriers particularly as “supply chains become shorter, turn times are quicker and there’s a drive for small, but more frequent shipments”, according to Mr. Ross. and just recently announced plans to expand their last-mile hubs to 85 within a few years.
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. That’s a strong indicator that improvements are there for the taking, but you need to exercise care in how you go about it. Equipment use. Storage of the SKU.
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.
What follows are a few ideas that our armies should consider as they modernize to meet the needs of the future. Partnered armies must be prepared to share knowledge concerning logistics capabilities and resources and must signal one another when a shared supply chain is likely to be required. Both the U.S.
To contend with these pressures, medical device manufacturers crave actionable, real-time, accurate, and reliable data throughout the entire supply chain. The following are six key challenges faced by medical device manufacturers and how ERP analytics can transform operations—from regulatory compliance to supply chain optimization.
Image source: Flickr | How to Protect Supply Chain from Cyber Attacks The management of data intelligence in the supply chain presents an enormous challenge to those involved. The supply chain depends more and more on IT systems to ensure information flow and security as it develops. What happens in the event of a data leak?
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