July, 2020

article thumbnail

History Repeats Itself Without Supply Chain Leadership

Supply Chain Shaman

This is a story for the Eds, Franks, and Toms working together in supply chains across the globe. It is also a story for a young supply chain manager attempting to make a difference, but feeling stymied. Sharing My Experience. The year was 1982. I lived in Cincinnati and worked in R&D for P&G. My ex-husband decided that we were going to move to Delaware.

article thumbnail

Crisis was inevitable according to chaos theory

Supply Chain Movement

During our Trend Dinner just under a year ago, which was attended by almost a hundred supply chain directors, I predicted that we would find ourselves in an economic crisis around this time. Anyone with some understanding of chaos theory could see that the European and global economic system had become unstable and was on the verge of chaos. When asked what would trigger this economic crisis, I answered that I wasn’t sure, but that it might be Brexit.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Inventory Management – Navigating the Trenches Without Losing Sight of the Big Picture

Arkieva

Inventory comes in many forms and flavors; it is the critical element of supply chains that enable a firm to respond quickly and take advantage of scale. However, managing inventory is one of the most. Inventory Management – Navigating the Trenches Without Losing Sight of the Big Picture was first posted on July 22, 2020 at 7:59 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

article thumbnail

7 Pitfalls of Stalled IBP Initiatives and How to Overcome Them

AIMMS

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.” IBP provides substantial bottom-line benefits.

article thumbnail

Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

article thumbnail

Forced Labor in Supply Chains: The Problem Persists

Talking Logistics

“The addition of 11 Chinese companies to a U.S. trade blacklist of entities Washington says are linked to human-rights abuses of the Uighur minority group in Xinjiang is entangling major brands and likely to further a reordering of supply chains that feed American consumers,” write Dan Strumpf and Liza Lin in the Wall Street Journal. Read more Forced Labor in Supply Chains: The Problem Persists.

More Trending

article thumbnail

Supply Chain Leaders Rearranging Deck Chairs? Yes, I Think So.

Supply Chain Shaman

Excellent firms don’t believe in excellence – only in constant improvement and constant change. Tom Peters. The idiom, rearranging the deck chairs on the Titanic, symbolizes working on something pointless or insignificant because it will soon be overtaken by events. After finishing the Supply Chains to Admire report and the Youtube series (to be released this week), this is my feeling.

article thumbnail

Podcast Episode 2: Minimizing Supply Chain Risk Amid COVID-19

ToolsGroup

In this episode of Be Ready for Anything, hear from Tommaso Chierchia, ToolsGroup’s Director of SOExpress Delivery, about the primary types of supply chain risk arising out of COVID-19, and how organizations can proactively minimize their exposure. We cover how to minimize manual intervention, what strategies have proven most effective in the COVID era, and how to speed your recovery.

article thumbnail

5 Reasons to Keep Your Telematics Service Provider

GlobalTranz

Telematics is all but inseparable from the modern supply chain. GPS technologies have been a staple of the industry for some time, but telematics services today can offer even more. With such a variety of services available, choosing the right fleet tracking software can be a challenge. While some of your needs will vary depending.read More. The post 5 Reasons to Keep Your Telematics Service Provider appeared first on Transportation Management Company | Cerasis.

article thumbnail

TMS and Digital Freight: The Experts Speak

Logistics Viewpoints

When it comes to TMS and digital freight, there is a lot of interest. More and more TMS suppliers are integrating digital marketplaces into their core TMS offering. As the supply chain world continues down its digital transformation path, digital brokers can play an integral role in easing capacity constraints, opening up new lanes, and providing a benchmarking tool for shippers.

Freight 257
article thumbnail

Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

article thumbnail

Supply Chain Leadership Driving Industry 4.0 & Resilience During Crisis – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Whilst the COVID-19 pandemic spreads across the world, it is vital for organisations to ensure a reliable supply of products and services. Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. This challenge has contributed to the slowdown or cessation of production in some sectors (e.g. fashion, automotive, spare parts, airlines).

article thumbnail

The Most Important Technology Company in Your Supply Chain Operations

Talking Logistics

When you think about Microsoft and its role in supply chain and logistics, Excel is probably the first thing that comes to mind. The Excel spreadsheet is arguably the most used software application in the field (see “5 Reasons Why Excel Is Champ Of Supply Chain Apps”). But over the past few years, Microsoft has. Read more The Most Important Technology Company in Your Supply Chain Operations.

article thumbnail

What to Keep in Mind When Managing a Chemical Supply Chain

Kuebix

The chemical industry faces a unique set of challenges regarding safety in their logistics operations. The transportation of chemicals requires next-level care and expertise as it deals with sensitive and potentially dangerous materials. Errors in shipping chemicals that are hazardous can have serious consequences. While logistics operations are typically intricate by default, shippers and manufacturers […].

Chemicals 176
article thumbnail

Solving Supply chain Problems with Digital Twins

The Network Effect

The post Solving Supply chain Problems with Digital Twins appeared first on The Network Effect.

article thumbnail

The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

article thumbnail

What Is Reverse Logistics’ Role in 2020 Supply Chain Trends

GlobalTranz

As customers continue to shop online through the remainder of the year, the demand on reverse logistics—particularly the process of managing returns—will skyrocket. It’s the same story; customers want more and more. And, it’s time for businesses to really consider the facts. “The global reverse logistics market is forecast to hit US$603.90 billion by 2025,read More.

article thumbnail

Medtronic’s Digital Twin Journey

Logistics Viewpoints

Medtronic MDT has been engaged in a digital transformation. This includes building out a digital twin of their end-to-end supply chain to make it easier for people to make better and faster supply chain decisions. The company has built a data lake to feed LLamasoft’s Supply Chain Analytics Platform, llama.ai, to create their supply chain digital twin.

article thumbnail

LogiSYM Webinars: e-Commerce – How Does e-Commerce Transform Today’s Supply Chain?

The Logistics & Supply Chain Management Society

Thursday, 13 August | 11:00 SGT. We all see that e-Commerce is growing by leaps and bounds but why are e-commerce supply chains different from traditional supply chains – or are they? – Is only the last mile delivery portion that is different? – What does the future of home delivery look like? – Differences in pick & pack operation. – Eco-Friendly supply chain.

article thumbnail

How to Use Software to Reach Peak Warehouse Efficiency

C3 Solutions

This article is part of our Retail Program. Designed specifically to support global leaders by aiding in creating a strategic plan to help them win the retail game. Learn more about it now! 5 Min Read. Download for later. There is a bloody battle taking place in the world of retail sales. It's a fight to the death to win customers. Whether you operate in cyberspace trying to attract e-commerce buyers, or are focused on getting warm bodies into bricks-and-mortar stores, the struggle is intense.

article thumbnail

Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

article thumbnail

Unique Challenges Facing Food & Beverage Supply Chains

Kuebix

Food and beverage companies produce and distribute essential products every day. The Covid-19 pandemic has resulted in food shoppers buying supplies for a longer period of time (ex. shopping for 2 weeks at a time instead of 1) and purchasing products such as toilet paper, paper towels and disinfectant wipes in bulk. Practicing new skills […]. The post Unique Challenges Facing Food & Beverage Supply Chains appeared first on Kuebix.

Beverage 175
article thumbnail

Where Do Digital Twins Fit into in the Supply Chain?

The Network Effect

The post Where Do Digital Twins Fit into in the Supply Chain? appeared first on The Network Effect.

article thumbnail

5 More Reverse Logistics Metrics to Track

GlobalTranz

Across returns supply chains—a core component of reverse logistics—the need to improve performance has never been higher. Companies across the globe have taken note of the value of big data analytics in logistics and how tracking key performance indicators (KPIs) and core metrics can dramatically affect supply chain performance. As explained by Performance Magazine, improvement measurement.read More.

article thumbnail

COVID-19’s Beneficial Effects on the Consumer Goods Supply Chain

Logistics Viewpoints

COVID-19 has put supply chain organizations under great strain. But there has been one nice side effect in the consumer goods supply chain. SKU proliferation has been reversed. The post COVID-19’s Beneficial Effects on the Consumer Goods Supply Chain appeared first on Logistics Viewpoints.

article thumbnail

2024 Annual T&L M&A Report

Tenney Group, an industry specialized M&A Advisory firm in the T&L space, produced the 2024 Annual M&A Report. The report contains an in depth overview of 2023 notable deals and the market, while also providing the outlook for 2024 M&A.

article thumbnail

When is a Leader not a Leader? – LogiSYM July 2020

The Logistics & Supply Chain Management Society

The answer is when he is a manager. Let me expand on that statement. “Manager” and “leader” are sometimes used interchangeably in the corporate world, but they are not the same. As an ex-corporate manager of thirty years and leadership Coach for the last sixteen, I have studied, taught and coached leadership. I have coached senior managers across all industries from pharmaceuticals to aviation to mining and many more, as well as the Singapore civil service.

article thumbnail

Who's Really Running Your Retail Operation?

C3 Solutions

This article is part of our Retail Program. Designed specifically to support global leaders by aiding in creating a strategic plan to help them win the retail game. Learn more about it now! 5 Min Read. Download for later. Let's take a look at the absolutely fundamental importance of the software systems that underpin DC operations: Warehouse Management Systems (WMS).

article thumbnail

Relationship Between MAD and Standard Deviation For a Normally Distributed Random Variable

Arkieva

A colleague and I were talking recently, and the conversation turned to what is the relationship between Mean Absolute Deviation (MAD) and the Standard Deviation (STDEV). In this post, I will explain to you the math behind that approximation, which by the way, only applies to normal distributions. Relationship Between MAD and Standard Deviation For a Normally Distributed Random Variable was first posted on July 27, 2020 at 7:43 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of t

article thumbnail

*Infographic* Americans Plan to Spend Big on Independence Day

Kuebix

American Independence Day is a holiday most commonly celebrated with hotdogs, hamburgers, refreshing beverages and festive fireworks. Enthusiasm for the 4th of July isn’t hard to find in the U.S. – celebrations of all sizes take place at homes throughout the country! Though this year may look a little different due to the pandemic, Americans […].

article thumbnail

The Art of Consistent Perfect Order Delivery: Smart Order Fulfillment Through Orchestration

Shippers and logistics service providers are pressured to match the “Amazon effect” for fast and efficient service across multiple B2C, B2B, and D2C channels. Perfect order delivery - on-time and in-full at the lowest possible cost – is critical. However, recent surveys of supply chain stakeholders reveal that many don't have the technology necessary to achieve it.

article thumbnail

Reverse Logistics Analytics: How to See Past Customer Delivery

GlobalTranz

The application of analytics offers opportunities to increase supply chain value, and in today’s world, few applications of analytics carry the weight placed on reverse logistics analytics. The rate of returns and demands for reverse logistics continue to skyrocket, and with companies facing grave uncertainty already, disruptions within reverse logistics will only lead to added.read More.

article thumbnail

Re-establishing the Enterprise’s Risk Appetite

All Things Supply Chain

Since risk is a reality in business, and ‘certainty’ is an extremely expensive proposition, an enterprise’s appetite for risk has always been measured on a sliding scale.

Company 129
article thumbnail

The Small & Medium Enterprises (SME) World – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Governments around the world are rightly concerned about the current and after-effects of Covid-19 on their economies and particularly, on small businesses. Small and Medium Enterprises (SME) are the backbone of domestic economies – generally accounting for more than 90% of all businesses, more than 50% of all employment and more than 50% of Gross Domestic Product.

Ghana 162