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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.
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.
As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supplychainstrategy 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 supplychainstrategy.
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 designing supplychains with optionality so it does not become cost prohibitive. SupplyChain Design is essential in tackling these.
Recent supplychain disruptions are forcing organizations to challenge the prevailing wisdom and look for newer approaches to decision making. The simultaneous shocks to demand and supply, and the magnitude of these shocks are not something the world ever experienced.
According to Bloomberg , the coffee supplychain is struggling with constrained supply and increase in prices is inevitable. Traditional, linear supplychains struggle to adapt. This article explores how adaptive supplychains can help businesses thrive.
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. must comply with SOX.
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?
Massive supplychain disruptions are being experienced around the globe, and the causes are many and complex. Factors affecting the supplychain. When China shut down operations in a bid to contain Covid-19, supplychains ran out of material. How can businesses create the supplychain of the future?
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. SupplyChainPlanning Starts with Looking Back.
Reverse logistics, while not being the opposite of forward logistics, is still about products moving backwards in the supplychain. A well-implemented reverse logistics system is essential for managing these backward movements efficiently. A plan is necessary, possibly based on one of the following strategies.
Today’s supplychains 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 supplychain teams lies in increasing knowledge to create value amid this complexity.
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 supplychain professionals that describes how changes in demand at the retail level can reverberate and amplify issues throughout the supplychain. What’s stuck at the port?
At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supplychain and business strategy along with eight other important levers for supplychain performance improvement. The Failing Kmart Business Strategy. So what went wrong?
Has your company ever suffered problems with, implemented, or even considered implementing a sales and operations (S&OP) planning process? 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. The SupplyChain Head.
Sales & Operations Planning (S&OP) as a process has been around since the 1980’s. While the terminology evolved, the underlying thesis of S&OP has stayed the same, i.e., bridge the divide between sales forecasts and operational plans while respecting the budget. Does this mean at some point in time we move on from S&OP?
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.
The answer varies from function to function in the supplychain. For Management: a balancing strategy, etc…. Inventory Management is about having a right balance of expectations from different functions of the supplychain. Example A: Fashion Retailer – Business Strategy is short life cycle products.
Whether you’re planning to benchmark your supplychain 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 supplychain component. A lot will depend on the nature of your industry and the categories of supplies that you receive.
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.
The agribusiness supplychain is highly complex. These intricacies make planning and decision-making difficult. There is an extensive horizon between the date of a supply decision (for instance, purchasing livestock feed or specific fertilizers) and its final result (the sale of the processed and packaged product).
I have a theory or two about change and change management in supplychain organisations. Actually they apply to change in any organisation; supplychain isn’t really unique in its change management requirements. That’s a huge change in itself and what’s more, it’s one that nobody made any plans for.
Using data has the potential to open up new business models, technologies, and an ecosystem where anything-as-a-service is possible. Exercise trackers like Fitbit or Garmin are part of an IoT network that collects and analyzes data from objects – people. Supplychain. While they are similar they are not the same.
A new white paper from a supplychain consultancy suggests retailers are too fragmented in their approach to determining their Costs-To-Serve (CTS) and should instead adopt CTS analysis as a core, business-critical initiative for informing future decisions and direction. “In CLICK HERE to download the full white paper.
As youll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supplychainstrategy development and alignment. As a result, weve discovered that many companies lack a defined and documented supplychainstrategy. Step 1: What do Your Customers Want?
On a world scale there are thousands of providers offering third-party services, yet there are only a handful of verylarge ones with the ability, network, systems and infrastructure needed for multinational customers. Alas, in some cases, there is no supplychainstrategy to speak of. Flexibility andScalability.
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. 1) Create Transparency.
While some aspects of this article may be dated, the article speaks to a range of issues directly relevant to national security in a post-National Defence Strategy age. By David Beaumont Discussions about self-reliance, like many other conversations among defence planners, rarely begin with a conversation on supply and support.
It is a well-known fact that supplychain is increasingly becoming digital. But is simply adding a digital component to the complex supplychain network enough to make it efficient? According to IBM, integrating supplychain with customer insight is essential for the success of the omnichannel.
Planning a Warehouse Network and Design: Key Factors to Consider. Some Tips for Multi-Warehouse Network Planning. Let’s begin with a look at network planning, because whether your company requires one warehouse or five, your service, efficiency, and costs will be influenced heavily by your choice of location and capacity.
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.
To contend with these pressures, medical device manufacturers crave actionable, real-time, accurate, and reliable data throughout the entire supplychain. Acquiring and consolidating data can be a formidable task, however, especially when data is scattered across different systems and formats.
Technologies have also evolved to make the strategic routing process easier and more agile. 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.
At Logistics Bureau, we want to help you with that, so we’re publishing this brief guide to help you if you haven’t already included freight benchmarking in your management strategies or want to benchmark more effectively than you are now. Alternatively, you can procure access to a digital freight benchmarking platform.
Supplychains are complex entities. While customer satisfaction is a hugely important criterion by which supplychain success is judged, so is supplychain profitability. While customer satisfaction is a hugely important criterion by which supplychain success is judged, so is supplychain profitability.
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.
Defining Agile SupplyChains. Agile supplychains are nimble enough to respond smoothly to sudden changes in supply and demand. Why Is Agility Important for the SupplyChain? Collectively, this new normal is presenting the supplychain industry with its biggest test in years.
As digitization continues to modify the global supplychain landscape, its unprecedented data sources and solutions will lead to not only the demise of disparate information systems, but to the rise of true, end-to-end, supplychain visibility. Identify shortage and quality problems along the supplychain.
Why do transportation management systems (TMS) implementations get off track? First, let’s define TMS – this is the software used to manage purchased transportation. All too often, companies conflate TMS with vehicle routing & scheduling (VRS) and fleet management systems (FMS) with TMS. Systems Selection & Budget.
Technology Services. TradeEdge – Demand Chain Management. SupplyChain Management. The Infosys global supplychain management blog enables leaner supplychains through process and IT related interventions. These forms key contributors to an effective transformation exercise.
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. To make things easier, it might be worth considering an investment in some analytics software to speed up the process, and of course, you won’t look at every SKU or customer.
Unfortunately, the use of full truckload shipments and expenditures have hit an all-time high, reports Kate Patrick of SupplyChain Dive. The Solution: Shippers Must Use Out-of-the-LTL-Box Strategies Shippers must take a more strategic approach to truckload procurement, explains CH Robinson via SupplyChain 24/7.
By Anne van de Heetkamp, VP of Product Management GTC, Descartes: Acknowledging potential weaknesses in your supplychain before they are exposed by elements beyond your control is of critical value. With current events in mind, managing future supplychain disruptions will be an integral component of corporate strategy.
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