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In this webinar, we provide insights on how to best utilize Integrated ScenarioPlanning as a decision-making tool by understanding Trigger Points, Response Plans, and related Roles & Responsibilities.
Schneider Electric has been working to simplify its supply chain over the last few years. This French public multinational was selected as having the best global supply chain by a leading analyst firm. Schneider Electric’s supply chain operation is of great interest to other practitioners.
The industrial sectorparticularly supply chain management, is facing unprecedented complexity. While Generative AI (GenAI) has shown promise, its limitations in planning, workflow automation, and dynamic adaptation necessitate a more sophisticated approach. Colin Masson, ARC Advisory Groups expert on Industrial AI.
Integrated Business Planning (IBP), as defined by its creators at Oliver Wight , is “the business planning process that extends the principles of S&OP throughout the end-to-end supply chain, product, service and customer portfolios, customer demand and strategic planning, to deliver one seamless management process.”
Speaker: Brian Dooley, Director SC Navigator, AIMMS, and Paul van Nierop, Supply Chain Planning Specialist, AIMMS
This on-demand webinar shares research findings from Supply Chain Insights, including the top 5 obstacles that bog you down when trying to improve your network design efforts: Poor data quality. Don’t have the right tools/tools are too complex or expensive. Lengthy time to plan/execute. Lack of skilled resources.
It’s taking a profound humanitarian and economic toll , impacting supply cha ins in many ways. Our team put several resources together to help supply chain organizations navigate through this crisis safely. . Evaluate different scenarios . Study 1: Anticipate Best- and Worst-Case Operations Scenarios .
Image source: Pexels | Shipping Trends for 2025: What Will Change and How to Adapt The logistics industry is continuously evolving, and as we move closer to 2025, businesses will face a range of transformative changes. At 3PL Links, we prioritize tools that simplify route management, reducing delays and ensuring on-time deliveries.
The Promise of the Digital Supply Chain with Dyci Sfregola. Dyci Sfregola and Joe Lynch discuss the promise of the digital supply chain. Dyci is the Founder and Managing Director of New Gen Architects , a consulting company that helps their clients transform their supply chains. About Dyci Sfregola.
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.
Speaker: Rod Robinson - SVP of the Supplier Diversity Practice, Insight Sourcing Group
How can a supplier diversity program help you gain invaluable competitive advantages? Supplier diversity programs are impactful and effective tools in your business strategy because they guarantee a diverse supplier base and ensure inclusivity within your ultimate procurement plan. Ready to get started?
With the coronavirus pandemic and its lingering effects, companies have now experienced how challenging it can be to plan and maneuver their supply chains around uniquely disruptive, once-in-a-lifetime events. But the unfortunate truth is that less severe events overwhelm or undermine supplyplanning all the time.
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.
Optimized load planning is fundamental to improving your service and revenue. Efficient load planning is more critical than ever and a key performance area for any supply chain. While this sounds great, load planning can be a very manual and time-consuming process. Some may not even offer load planningtools.
If You Can’t Access the Truth, How Can You Determine the Truth? Let’s just come right out and say it – without the ability to capture, aggregate, and understand your supply chain data, you have gray area within your organization. How can you make it all work together and build a better supply chain business, fast?
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.
Ask manufacturing leaders what changes they plan to make in the next three years in the wake of the coronavirus pandemic, and they will likely say their use of technology will deepen as more and more players in their supply chains come to rely on digital connections for daily interactions. Talent gaps: ? Changing consumer attitudes:?
The Introduction of Smokeless Tobacco Products Complicated Philip Morris’s Supply Chain. This was done at a stock keeping unit level and for the entire manufacturing supply chain. At the end of 2019 that supply chain covered 38 PMI owned factories, 28 third party manufacturers, and more than 180 markets.
Supply chain network design (SCND) is a powerful tool for improving business operations. It can be used to solve a wide variety of supply chain problems. Simulation techniques can fill those gaps and allow for a more holistic view of a company’s supply chain. Here are two scenarios that demonstrate the differences.
Most c ustomers may never give it a second thought, but business owners are well-acquainted with the fact that supply chains operate like a well-oiled machine. Due to the COVID-19 pandemic, disrupted supply chains made it difficult to provide communities with pandemic response, including food, vaccines, and other medical supplies.
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 Patrick Byers, DevOps Engineer at Lucas Systems, and looks at cybersecurity planning frameworks. It should also include regular testing and updating.
How to Elevate Your Logistics Operations with AI & ML Technology Global supply chain organizations are embracing digitization to propel their supply chain planning to new heights. What is Supply Chain Planning? Data informs transportation capacity and rates.
So, you are thinking about a career in supply chain? While this article is intended as an evergreen resource, to help you navigate in your search for a supply chain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality. What is the Role of the Supply Chain Worker?
They talk about the growing popularity of podcasts in the logistics industry and how podcasting can be a helpful tool for professionals to stay up-to-date on industry trends and insights. 00:28:39] How to make a bad podcast. [00:32:45] Blythe Brumleve and Joe Lynch discuss the state of logistics podcasting.
Supply chain disruption is a fact of life for every company that moves any type of product. Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. A resilient supply chain may be stretched to the max, but it doesn’t break.
Before the COVID pandemic ran through the supply chain, in-network resiliency had never been tested or tried extensively. Today, the definition of supply chain resiliency has been changed in ways that have caused ripple effects. Real-time data is critical to the supply chain’s smooth operations day in and day out.
If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supply chain resiliency test. Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks.
Managing the manufacturing supply chain and freight markets of today requires skills, tools, applications and services that have never been utilized in the past. Supply chain constraints are impossible to avoid, but they can be planned for to reduce their impact.
A fleet management system is a fundamental tool in the planning and operational control of the logistics sector. In the rest of this article, we will delve deeper into the advantages of how a fleet management system works and how to monitor it properly. How does a fleet management system work?
As globalization extends supply chains around the world, the likelihood of negative impacts stemming from supply chain disruption increases. Supply chain disruptions are an inevitability for any supply chain, though the severity of the impacts can vary. Types of Supply Chain Disruptions. Black Swan Events.
Using transportation management software (TMS) is a powerful way to gain control and visibility over your supply chain. How can you choose the best software and provider option for you? However, implementing a TMS will often make it the new backbone of your supply chain. TRANSPORTATION MANAGEMENT SOFTWARE COMPANIES.
Performance measurement and improvement, using transportation KPIs , are vital aspects of modern supply chain management. Successful performance measurement and management contribute to enhancements and help to optimize supply chain resources. Use predictive modeling to determine expected carrier costs based on different scenarios.
The supply chain was shaken by disruptions and market volatility, and the need for adaptation became immediate. 2020 SYSPRO research showed tha t 60% of businesses were impacted by supply chain disruptions during the pandemic. The manufacturing industry confronted many uncertainties in the last year due to the pandemic.
Ever since COVID tested the supply chain industry’s ability to deliver under duress, many firms began looking to ramp up their game by installing a new warehouse management system (WMS). You wouldn’t step onto the course without a putter or driver, and you shouldn’t dive into an WMS install without first shoring up your project plan.
It’s graduation season, so the hunt for critical supply chain talent is more vigorous than ever. We may be known for ensuring we can make and move “stuff,” but ultimately supply chains are human. So as you prepare to onboard new supply chain talent, are you ready to answer the questions they will have?
Is your gut feeling telling you ‘ ’My Supply Chain network fulfills customer demand, but, what-if…? ’’ You are positive your company’s network design requires some restructuring, but you don’t have the assets to convince the rest of the team? What to expect from Supply Chain Scenario Comparison? We got you!
Shortages of products from toilet paper to microchips during the coronavirus pandemic highlighted the value of supply chain resiliency, and the opportunities for companies that aren’t as prepared as they would like. A supply chain built for resiliency allows a company to adapt to unpredictable forces while maintaining customer service.
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. Today’s article comes from Erin Sun at Oracle and identifies five supply chain success factors CPG companies need to know for increased profitability.
A new white paper from a supply chain 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.
To keep up with the resulting complexity to the supply chain, brands have been relying on third-party logistics partners and manually piecing together long contracts, RFPs and limited software capabilities with their own third-party integrators and multiple software tools.
Getting started with AI in supply chain might not start where you think. Instead start with the foundation of your AI strategy, which should be an understanding of your company’s supply chain and your data. Since this advice on getting started with AI in supply chain may seem counterintuitive, let me explain.
Some of the most cost-effective software and methods supply chain professionals and the best freight brokers can adopt are supply chain predictive analytics programs. While still relatively new to the supply chain, analytics implementations have skyrocketed in popularity since its birth a little over 10 years ago.
Supply chains are changing fast, and 2025 is set to bring even more challenges and opportunities. Thats why its more important than ever to focus on strategies that work and make them part of your plan moving forward. Thats why its more important than ever to focus on strategies that work and make them part of your plan moving forward.
A year before, in 2014, a Harvard Business Review article pointed out that supply chains were becoming increasingly global and complex and consequently more at risk than before. Supply chain disruptions. Until recently, supply chains and other business functions focused on efficiency and cost. Supply chain resilience.
According to the Harvard Business Review , “The challenge for companies will be to make their supply chains more resilient without weakening their competitiveness. During the past year, many of the HOS regulations were suspended to keep the supply chain functional throughout the unprecedented peak season and COVID-related demands.
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